Abstract: Supporting the homebuyer's ability to remain in their property, in lieu of default and foreclosure, this method and system is useful in order to create a temporary solution to the rising problem of loan defaults. This method and system may be used for any loan. Instead of a lender processing a judicial or non-judicial foreclosure, and thereby absorbing large debits on their balance sheet, a lender may use this method and system in order to maintain an offsetting balance sheet asset until a new loan is issued. This method and system may be employed for as long as the lender and borrower wish, i.e. as long as the workout takes. The lender and borrower secure for a life insurance policy, on the borrower's life. The death benefit equals a proportion of the amount of the defaulting loan or the difference between the property value and the loan amount. There is insurable interest. The policy may be owned by the Lender/Lessor or the Borrower/Lessee (previous borrower).