How the $25 billion settlement with lenders helps Arizona homeowners

Arizonans who lost their homes to foreclosure, are at risk of foreclosure, or are now underwater on their loans stand to benefit most from a recent $25 billion dollar settlement with the nation’s largest lenders. To find out what kind of help is available and who qualifies we talked to Caryn Becker, policy counsel for the Center for Responsible Lending, a nonprofit research and policy organization.

This home in North Phoenix went into foreclosure in 2008. (Photo by Paul Atkinson - KJZZ)

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