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: SLS00153
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: SLS00153
Effective immediately, all policy issuing agents are instructed not to accept any orders nor to close any pending transactions involving the below listed individuals or entities without the express written consent of Stewart Legal Services:
Eddie Acevedo
Eduardo R. Acevedo
SBO Funding, L.L.C.
Major Home Funding, Inc.
AMCO Holdings, Inc.
If your office has closed any transactions involving any of these individuals or entities within the last year, or if your office has any pending transactions or receives any orders involving any of these individuals or entities, please contact the following individual IMMEDIATELY.
Susanne Hawkins, Esq.
Regional Claims Counsel
Stewart Title Guaranty Company
2903 Millwood Ave., 2nd Floor
Columbia, South Carolina 29205
T/N 803.748.9695 Fax: 803.748.9739
E-Mail: suhawkin@stewart.com
For on-line viewing of this bulletin, log onto www.stewart.com. Once there,
select "Title Agent" and then "Lender Alerts&".
References
- Bulletins Replaced:
- None
- Underwriting Manual:
- None
- Exceptions Manual:
- None
- Forms:
- None