Wall Street Kept Winning on Mortgages Upending Homeowners
This article is for subscribers only.
Rebecca Black abandoned her dream house on Hazelwood Road in Memphis, Tennessee, in 2010, a year after the recession ended.
As the U.S. economy grew, Black’s world shrank. Today she rents an apartment about the size of her old living room and works for the same $12 an hour she’s earned for years.