Special Alert: NL000104

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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: NL000104

Bulletin Document
V 1
Date: May 25, 2001
To: All Issuing Offices
RE: Closing Alert

Dear Associates:

Effective immediately, all policy issuing agents are instructed not to close any transactions involving the below listed entities unless approval has been received in writing from Stewart Title Guaranty Company's National Legal Department:


Dellwood Corporation
14-16 East Mall Plaza
Carnegie, PA 15106

Dellwood Corporation
520 North Semoran Blvd.
Suite 230
Orlando, FL 32807

Dellwood Mortgage Company
14-16 East Mall Plaza
Carnegie, Pa 15106


If your office has closed any transactions involving these entities after May 10, 2001, or you have any pending transactions involving such entity/entities, please contact Stewart Title Guaranty Company's National Legal Department IMMEDIATELY.

Please contact:

Patty Hoesl
Stewart Title Guaranty Company
1980 Post Oak Boulevard, Suite 710
Houston, Texas 77056
(800) 729-1902
(713) 625-8225
(713) 629-2248 (Fax)

Thank you for your anticipated cooperation.

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.


References

Bulletins Replaced:
  • None
Related Bulletins:
  • None
Underwriting Manual:
  • None
Exceptions Manual:
  • None
Forms:
  • None