Word spreads that you’ve landed on one client’s blacklist and soon their calls are petering out, too. All you want to know is why someone flagged you as “do-not-use.” You want to give your side of the story.
To make up for some of the lost business, you are trying to get on the approved list of a new client. Among the information you are asked to give is whether you have ever been removed or denied approval from another lender. Now you have essentially been blacklisted in advance.
Next, your E&O insurance is up for renewal. Your renewal application asks whether you know of any circumstances that could result in a claim against you. Do you?