Reggie Middleton's Boom Bust takes aim at such ratings agencies as S&P and Moody's, arguing that they ought to embrace a harder--or at least more realistic--stance akin to Fitch in order to restore a degree of credibility to an "AAA" rating. For that story and more, check out Big Builder's bi-weekly blog roundup.

A former appraiser pokes fun at the housing bubble via, according to The Wall Street Journal.

Seeking Alpha reports that a U.S. Congress bailout of homeowners is a "surefire thing," according to UBS senior economic advisor George Magnus.

The Housing Bubble looks at dwindling property values throughout Florida, where some homes are being sold for as little as $0.50 to $0.38 on the dollar compared to 2004 or 2005 prices.

Inman News provides a breakdown of the new "jumbo light" loans with limits up to $729,750, which Fannie Mae will beging purchasing on April 1.

For the lighter side of the housing meltdown, check out the latest from Comedy Central's The Colbert Report, as posted on BusinessWeek's Hot Property.

Dr. Housing Bubble counters those who claim the words of several bloggers are self-righteous and self-indulgent by asserting that the media has been hyping the housing market even as it corrects itself, attempting to combat the market by affirming the sentiment that we're rapidly approaching the bottom.