Santelli: Fannie, Freddie Pose Systemic Risk Again

by Tae Kim
CNBC.com

In a Santelli Exchange interview exclusive to CNBC Pro subscribers, economist Douglas Holtz-Eakin discusses the potential danger posed to the U.S. housing market from the government’s handling of Fannie Mae and Freddie Mac after the financial crisis.

“Worries a lot of us. Going back to the business model that got us in trouble to begin with. And that is what I’m concerned about,” Holtz-Eakin said.

Holtz-Eakin is president of the American Action Forum and former director of the Congressional Budget Office.

Continue Reading at CNBC.com…