President-elect Barack Obama spoke to CNBC about the housing challenges facing the nation.

President-elect Barack Obama gave a half-hour interview to CNBC tonight (full interview here, transcript here) that was impressively policy heavy–a real treat for the wonks out there, though who isn’t these days–in advance of the unveiling of his nearly $800 billion stimulus package tomorrow. One of the issues he necessarily touched upon was the housing crisis (video), given its place at the center of the current meltdown. Read More