by Calculated Risk on 1/27/2008 08:36:00 PM

House of Cards (video): "Steve Kroft reports on how the U.S. sub-prime mortgage meltdown, in which risky loans drove a housing boom that went bust, is now roiling capital markets worldwide."

Here is the foreclosure site mentioned in the story. I live in a neighborhood that is "immune" to the housing bust. Oh yeah, that site shows a number of REOs and preforeclosure homes in my neighborhood.