CoreLogic recently announced that Dr. Frank Nothaft has been brought on as Senior Vice President and Chief Economist, coming over from Freddie Mac where he was seen as a top industry expert for over 25 years.
The company says that Dr. Nothaft will lead CoreLogic’s economics team located in Irvine, CA, and will also lead the research and insights strategy, “using CoreLogic’s gold standard data and analytics resources including the CoreLogic-Case-Shiller Home Price Index™ and other indices and services.”
In his role, he will expand the economic policy unit and enhance CoreLogic’s research capabilities and tools. Already known as a leading information provider, CoreLogic is a powerhouse in the industry and this move proves their aggressiveness in dominating their sector.
What to expect from this hire, why it matters
“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.”
Dr. Nothaft earned his degree in mathematics and computer science from New York University and he holds a Ph.D. in economics from Columbia University. In his time at Freddie Mac, he earned his name in the industry as one of the most widely cited housing economists, developing key indicators.
We will be watching closely as he gets his hands on more data points than Freddie could have ever provided (any numbers nerd’s dream). Acquiring Case-Shiller, and now hiring Dr. Nothaft puts CoreLogic way ahead in the numbers game. Keep your eye on CoreLogic data, they’ll mean more to the industry now than ever.