B&C News Briefs Mortgage insurer PMI has advice for borrowers who can’t make their monthly payments: work with your lender to avoid foreclosure. “Most borrowers in trouble don’t know that lenders will cooperate and try to work out alternative payment plans,” the San Francisco-based MI said in a statement announcing the launch of a national education and media campaign. Nonprofit Consumer Credit Counseling Services will partner with the MI on the initiative, dubbed “Can’t Pay-