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#1557429 - 05/26/11 07:18 PM Written Service Provider List
bc2mc2 Offline
New Poster
Joined: May 2011
Posts: 7
Can anyone refer me where I can read up on IL law making it mandatory to provide customers with a written service provider list with my gfe?

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#1569031 - 06/23/11 07:00 PM Re: Written Service Provider List bc2mc2
Dave M_TCA Offline
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Dave M_TCA
Joined: Oct 2000
Posts: 682
Wherever my most benevolent em...
It's not IL law, it is a RESPA requirement. It's buried in the instructions for completing a GFE:
Appendix C To Part 3500 —Instructions for Completing Good Faith Estimate (GFE) Form
Where a loan originator permits a borrower to shop for third party settlement services, the loan originator must provide the borrower with a written list of settlement services providers at the time of the GFE, on a separate sheet of paper.
_________________________
David J Mulkerin, CRCM
All opinions expressed are mine and not those of my employer and are not to be taken as legal advice.

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