Can a 40-Year Mortgage Save Failing Borrowers?

Orange County Register, July 1, 2021–Jeff Lazerson
On the heels of the July 4 Independence Day weekend celebration, this fall we get to add a loan term extension up to 40 years for a category of failing borrowers. Yes, really. (MBA mention)
https://www.ocregister.com/2021/07/01/can-a-40-year-mortgage-save-failing-borrowers/