Good Morning All! I know with the previous KBYO rule on your initial Loan Estimate you would propose an Escrow Company to the Borrower so they could take the LE and shop for their services. You could not however input the Escrow Company listed on a Purchase Contract specifically because that didn't show the Borrower had the ability to shop. With the revised rule though, does that mean if we have the Purchase Contract in hand when the Borrowers dropped off their 1003, could we input the Escrow Company listed on the contract and in good faith demonstrate the Borrowers still had the ability to shop?
"Tact is telling someone to go to [censored] in such a way, they look forward to the trip" Winston Churchill