After spending nearly 30 years with Freddie Mac, including the last 13 years as Freddie Mac’s chief economist, Frank Nothaft is leaving the government-sponsored enterprise to join Corelogic (CLGX) as the company’s senior vice president and chief economist.
Nothaft joined Freddie Mac in 1986, rising from senior economist to deputy chief economist in 1988, before being appointed chief economist in 2001 and vice president in 2004.
As chief economist at Freddie Mac, Nothaft was responsible for forecasts, research and analysis of the macroeconomy, housing and mortgage markets. Nothaft was also involved in affordable lending analysis and policy issues affecting the housing finance industry.
As Corelogic’s chief economist, Nothaft will lead the company's economics team as well as its research and insights strategy. Nothaft is also tasked with expanding the company’s economic policy unit and enhancing CoreLogic’s research capabilities.
Prior to joining Freddie Mac in 1986, Nothaft was was an economist with the Board of Governors of the Federal Reserve System from 1983 until 1986, where he served in the mortgage and consumer finance section and as the assistant to Governor Henry Wallich.
"Frank is a terrific addition to our senior leadership team. He is a highly-respected expert on the global real estate economy and we are thrilled he has joined CoreLogic," said Anand Nallathambi, president and CEO of CoreLogic.
"Frank's experience and thought leadership will help to ensure that our market-leading property data, analytics and insights continue to provide unique value for the benefit of our financial services clients and broader markets."