Thousands of Countrywide home loan customers in Texas who lost their homes to foreclosure are now eligible to receive part of a big a settlement.
Countrywide Financial, who is owned by Bank of America, agreed to pay $7.5 million to 3,200 Texans who lost their homes.
Texas attorney general Greg Abbott said the holders of sub-prime mortgages were not made aware of the risks involved.
In addition, about 30,000 homeowners will be eligible for loan modifications.
