Common use of Pricing of Ancillary Services Clause in Contracts

Pricing of Ancillary Services. MC shall obtain pricing for the ancillary services listed in Section 2.3(a) and any other third party services required, which pricing is at least as competitive, for a comparably priced loan, as the aggregate fees charged by the Index Group of lenders as defined in Appendix A to this Agreement, for similar services. MC further agrees that it will pass through to the borrowers third party fees that are customarily reimbursed by borrowers with no xxxx-up of any kind, nor will MC receive directly or indirectly any monetary or in-kind benefit from the providers of such ancillary services, except as described in Section 2.3(c) below. ILSI and MC will cooperate with each other to negotiate the lowest pricing for such ancillary services without jeopardizing the quality of service to the borrower or to the lenders who require such services.

Appears in 4 contracts

Samples: Intuit Lender Services (Mortgage Com Inc), Intuit Lender Services (Mortgage Com Inc), Intuit Lender Services (Mortgage Com Inc)

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