Secure Insight Surveys Settlement Agents and Lenders on the Trump Administration

Tuesday, January 10, 2017 - 14:56
Secure Insight has announced the results of their latest mortgage industry survey conducted of settlement professionals and mortgage industry executives nationwide regarding their expectations of a Trump Administration’s impact on the economy and the real

Secure Insight has announced the results of their latest mortgage industry survey conducted of settlement professionals and mortgage industry executives nationwide regarding their expectations of a Trump Administration’s impact on the economy and the real estate market.

In response to the question “Whom did you support for President in the 2016 election?” the following results can be reported:

►49 percent of settlement professionals voted for Donald Trump, while 35 percent voted for Hillary Clinton, while the remaining responses split between other candidates.
►48 percent of mortgage industry executives voted for Donald Trump, while 31 percent voted for Hillary Clinton, while the remaining responses split between other candidates.

In response to the question “In your opinion, will a Trump Administration improve the overall economic outlook in 2017,” the following results can be reported:
►53 percent of settlement professionals answered “Yes,” while 27 percent answered “No” and 18 percent responded “I Don’t Know.”
►43 percent of mortgage industry executives answered “Yes,” while 26 percent answered “No” and 30 percent responded “I Don’t Know.”

In response to the question “In your opinion, will a Trump Administration improve the business climate in 2017,” the following results can be reported:
►58 percent of settlement professionals answered “Yes,” while 22 percent answered “No” and 18 percent responded “I Don’t Know.”
►48 percent of mortgage industry executives answered “Yes,” while 29 percent answered “No” and 18 percent responded “I Don’t Know.”

In response to the question “In your opinion, will a Trump Administration eliminate or drastically reduce the authority of the CFPB in 2017,” the following results can be reported:
►47 percent of settlement professionals answered “Yes,” while 11 percent answered “No” and 40 percent responded “I Don’t Know.”
►26 percent of mortgage industry executives answered “Yes,” while 17 percent answered “No” and 52 percent responded “I Don’t Know.”

In response to the question “In your opinion, will a Trump Administration’s policies cause an increase in interest rates in 2017,” the following results can be reported:
►52 percent of settlement professionals answered “Yes,” while 18 percent answered “No” and 29 percent responded “I Don’t Know.”
►39 percent of mortgage industry executives answered “Yes,” while 13 percent answered “No” and 48 percent responded “I Don’t Know.”

In response to the question “In your opinion, will a Trump Administration’s policies mean a more or less robust real estate market in 2017,” the following results can be reported:
►48 percent of settlement professionals answered “More Robust,” while 24 percent answered “Less Robust” and 28 percent responded “I Don’t Know.”
►26 percent of mortgage industry executives answered “More Robust,” while 31 percent answered “Less Robust” and 39 percent responded “I Don’t Know.”

Finally, in response to the question, “How do you describe your business outlook for 2017,” the following results can be reported:
►73 percent of settlement professionals answered “Positive,” while 21 percent answered “Negative” and six percent had no opinion.
►52 percent of mortgage industry executives answered “Positive,” while 26 percent answered “No” and 22 percent had no opinion.

The survey was conducted Jan. 1-9, 2017 and sent to 9,456 settlement professionals and 1,137 mortgage industry executives and a total of 1,283 responses were calculated on Jan. 10, 2017. Percentages were rounded to the nearest whole number for reporting convenience. This survey is one of a continuing series of industry polls conducted by Secure Insight over the past few years to gain the pulse of the industry on issues important to the settlement profession and mortgage industry generally.

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