Service Providers Listing CAN NOT SHOP

Posted By: Carter'sMom

Service Providers Listing CAN NOT SHOP - 09/30/15 08:04 PM

Is anyone choosing to use the services providers list that includes the services you cannot shop for? Do those have to tie back to the specific services listed in section B - line for line? I'm thinking yes and I can find that in the regulation for the top section of the form - services you CAN shop for, but wasn't sure if this section needed to be as specific. Thanks!
Posted By: RR Joker

Re: Service Providers Listing CAN NOT SHOP - 09/30/15 08:09 PM

Nope. I have no plans as it just makes no sense.
Posted By: Carter'sMom

Re: Service Providers Listing CAN NOT SHOP - 09/30/15 08:13 PM

We are limiting our title companies and I see no way around the business need to give them a list of the companies they can use. I figure if we don't develop it on the service providers list, someone is going to develop their own list because a realtor or customer requests it.... I'm not a big fan of it myself.
Posted By: CompliantOkie

Re: Service Providers Listing CAN NOT SHOP - 09/30/15 08:22 PM

Giving them a list of providers for services for which they cannot shop , makes no sense to me either. I don't understand the circumstances a bank would choose to use that list.

I'd be happy if I could get the list of providers for services for which they can shop to print correctly! crazy