SGE Meetings
November Monthly Luncheon
Wednesday, November 15, 2006
Speaker: Frank Nothaft
Affiliation:Chief Economist at Freddie Mac
Title: "The Housing and Mortgage Market Outlook: Soft Landing or Hard Fall?"
Summary:
"Construction and home sales are down 15-20%, and house prices are down
in a number of markets. Is the worst of the housing decline behind us,
or is there a way to go? The speaker will address the outlook for
housing and housing finance for 2007."
Bio:
Frank E. Nothaft was appointed to the position of chief economist at
Freddie Mac in December 2001 and vice president in March 2004. In this
position, Nothaft is responsible for primary and secondary mortgage
market analysis and research, macroeconomic analysis and forecasting.
Nothaft is also involved in the analysis of affordable lending
activities and policy issues affecting the housing industry. A widely
quoted expert on housing and economic issues, Nothaft makes frequent
guest appearances in both local and national media outlets.
Prior to being named chief economist, Nothaft served as deputy chief
economist for Freddie Mac from 1988, and as a senior economist from
November 1986. Nothaft 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 C. Wallich.
Nothaft holds a Ph.D. in economics from Columbia University and a B.A.
cum laude in mathematics and computer science from New York University.
Nothaft serves on the Board of Directors of the American Real Estate
and
Urban Economics Association and the Financial Management Association.
Chinatown Garden Restaurant 618 H St., NW,
Washington Metro: Gallery Place (Red, Green, and Yellow Lines). Restaurant is 1/2 block east of the Metro station's northern (H Street) exit.
Reservations by 11:30 am October 24th, to Jonathan Schwabish Jonathan.Schwabish@cbo.gov or 202-226-5667.
$15 for SGE and NEC members $20 for non-members
Upcoming SGE Luncheons
Thursday, December 21: Harry Holzer, Georgetown.
Title and topic TBA.