THIS BULLETIN IS FURNISHED TO INFORM YOU OF CURRENT DEVELOPMENTS. AS A REMINDER, YOU ARE CHARGED WITH KNOWLEDGE OF THE CONTENT ON VIRTUAL UNDERWRITER AS IT EXISTS FROM TIME TO TIME AS IT APPLIES TO YOU, AS WELL AS ANY OTHER INSTRUCTIONS. OUR UNDERWRITING AGREEMENTS DO NOT AUTHORIZE OUR ISSUING AGENTS TO ENGAGE IN SETTLEMENTS OR CLOSINGS ON BEHALF OF STEWART TITLE GUARANTY COMPANY. THIS BULLETIN IS NOT INTENDED TO DIRECT YOUR ESCROW OR SETTLEMENT PRACTICES OR TO CHANGE PROVISIONS OF APPLICABLE UNDERWRITING AGREEMENTS. CONFIDENTIAL, PROPRIETARY, OR NONPUBLIC PERSONAL INFORMATION SHOULD NEVER BE SHARED OR DISSEMINATED EXCEPT AS ALLOWED BY LAW. IF APPLICABLE STATE LAW OR REGULATION IMPOSES ADDITIONAL REQUIREMENTS, YOU SHOULD CONTINUE TO COMPLY WITH THOSE REQUIREMENTS.
Special Alert: MU000047
Search the Database
Before closing a transaction, all issuing offices must search the names of the parties to the transaction, including the seller, buyer/borrower, payoff lender and new lender, using the Special Alerts database. Go to the Special Alerts database to search for specific names, entities and properties.
Special Alert: MU000047
Dear Associates:
Effective immediately, all policy-issuing agents are instructed not to accept any orders or close any pending transactions involving Lester B. Colodny, Sr.; Lester R. Colodny, Jr. a/k/a Robert Colodny; AmeriCosta L.L.C. or any other business entity in which the Colodnys' have an interest without first obtaining approval from either of the Stewart representatives listed below.
If you have any questions regarding the issues raised by this bulletin and/or your office has closed any transactions involving this entity within the last three months, has any pending transactions or receives any orders involving this entity, please contact either of the following individuals IMMEDIATELY:
Dawn Lewallen, Region Underwriter
Stewart Title Guaranty Company
50 S. Steele Street, Suite 700
Denver, CO 80209
877-780-0112; 303-331-0881 FAX
E-mail: dlewalle@stewart.com
Arlen Taylor, Region F Senior Underwriter
Stewart Title Guaranty Company
455 East 500 South, Suite 303
Salt Lake City, UT 84111
801-355-9393; 801-355-9973
E-Mail: ataylor@stewart.com
For on-line viewing of this bulletin, log onto www.stewart.com. Once there,
select "Title Agent" and then "Special Alerts".
References
- Bulletins Replaced:
- None
- Related Bulletins:
- None
- Underwriting Manual:
- None
- Exceptions Manual:
- None
- Forms:
- None