CoreLogic Chief Economist Dr. Frank Nothaft, a trusted source of information for real estate and business publications for more than 20 years, died suddenly and unexpectedly over the weekend, CoreLogic announced Monday.

Nothaft “was a brilliant spokesperson and brand ambassador” whose absence “will be felt profoundly throughout the organization and beyond,” the company said.

According to a June 23 obituary published by the Washington Post, Nothaft died Sunday, June 5, 2022 while running a 5K race to benefit Ukraine, of suspected heart arrhythmia. He was 66, and was survived by Lisa Greenfield, his wife of 41 years, and a large extended family.

Mike Fratantoni, senior vice president and chief economist for the Mortgage Bankers Association, said in a statement that he and his MBA colleagues were “shocked and saddened” by the news, adding that “Our thoughts and prayers are with his family.”

“For decades, Frank has been a key voice for the mortgage industry – at Freddie Mac and then at CoreLogic,” Fratantoni said. “He was the best housing market analyst in the business, able to clearly and concisely convey information that helped our industry understand the current market and make decisions to prepare for the future. Frank had an inimitable style, both in terms of his presentations and his ever-present bow tie.”

frank nothaft

Frank Nothaft

In a presentation published Friday, for example, Nothaft explored the devastation wreaked by last year’s Hurricane Ida as a way to gauge the potential impact of the 2022 hurricane season, which is expected to run from June through November.

After earning a bachelor’s degree from New York University in mathematics and computer science with a minor in economics in 1976, Nothaft went on to complete a doctorate in economics from Columbia University in New York in 1986.

While he was earning his Ph.D., Nothaft served as an economist for the Federal Reserve’s Board of Governors from 1983-86. He was an assistant to Fed Governor Henry C. Wallich and an economist in the Research and Statistics Division, within the Mortgage and Consumer Finance Section.

Before taking on the role of CoreLogic’s chief economist in 2015, he spent nearly three decades at mortgage giant Freddie Mac starting in 1986, where he served as a senior economist and deputy chief economist before being promoted to chief economist in 2001.

As Freddie Mac’s chief economist, Nothaft published an academic paper, “The Contribution of Home Value Appreciation to U.S. Economic Growth,” documenting how rising home prices helped mitigate the impacts of the 2001 recession.

His more recent academic papers included “The Pandemic’s Effect on the Housing Market and Mortgage Delinquency,” in the Fall 2020 edition of The Journal of Structured Finance.

CoreLogic noted that Nothaft was also active in his local community through his volunteer commitments, serving on the board of directors of the non-profit Falls Church Housing Corporation, a provider of Section 8 housing in northern Virginia.

Editor’s note: This story was updated on June 29 to include details from Frank Nothaft’s obituary. 

Email Matt Carter

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription