I have tried searching the multiple questions on this site but they all have so many new questions imbedded within the answers that I am really confused. So I thought I would start a new thread.

Under the new rules for the GFE if you list one title insurance company for borrower to choose from but then tell them they can shop for their own company does this fall into the 10% tolerance bucket or the "these charges can change" section? If it falls into the 10% bucket can you point me to where it says that in the regs.

Thanks!

The answer to your question depends upon whether the borrower selects the title company on your list. If they do, then the 10% bucket is applicable. However, if they select a company other than the one listed on your service provider list, then it would fall into the "these charges can change" category.

Hope this helps.