As a result, the relationship between many borrowers and lenders is softening from outright animosity to something that more resembles a détente…. Some lenders are now willing to make deals with owners to let them stay after defaulting, offering to pay home insurance, for example, while the resident pays for utilities.”
— “When Living in Limbo Avoids Living on the Street” (Susan Saulny, New York Times)
Part of an occasional series highlighting data that help us understand barriers to achieving economic security.