It's an hour long, off topic, and I'm behind on work. But it's worth a listen if you're a non-finance-whiz, and interested in understanding the housing crisis:
http://www.thisamericanlife.org/Radio_Episode.aspx?episode=355
("Free download" link is on the left side for a full mp3.)
For a geospatial take, the NY Fed has been putting together some very nice mortgage maps with quite recent data.
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