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Countrywide to Send $7.46m To Texas Borrowers

Jul 27, 2009By

Countrywide Financial will send $7.46m in restitution to eligible Texans who lost their homes to foreclosure, according to a statement from the Texas attorney general. The restitution program, first announced by Attorney General Greg Abbott in February, disperses the funds to Countrywide’s Texas customers whose loans originated between Jan. 1, 2004 and Dec. 31, 2007.