WSJ: Red Alert, Foreclosure Tsunami Incoming

Echoes of 2008 x100. Who's old enough to recall mortgage rates hitting 22% in the 1980s? Abandoned houses everywhere. Landlords torching buildings for insurance $$, Howard Cosell: The Bronx Is Burning

A Housing Bust Comes for Thousands of Small-Time Investors

They were offered the benefits of owning apartment-building rentals without any of the work, in real-estate investments that have already left some people empty-handed

Houston Mayor Sylvester Turner last July said living conditions were deplorable at the Timber Ridge Apartments, which was owned by…