Special Alert: NJ000111

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Special Alert: NJ000111

Bulletin Document
V 1
Date: August 02, 2006
To: All New Jersey Issuing Offices
RE: Closing Alert

 Dear Associates:

Effective immediately, all agents are instructed not to accept any orders nor close any transactions involving the property set forth below or the below listed individuals or company unless approval has been received in writing from the State Office:

Individuals/Company:

First Metropolitan Mortgage
Joey Kohen
45 Monmouth Road, Oakhurst, NJ 07755

Jerome Shapiro, Esq.
23 Ridge Road, West Long Branch, NJ 07765

Michelle Amon

Property:

709 Nowlan Place
Lakewood, NJ

If you have any open or closed files within the last year involving these individuals, company or property, please contact our office immediately.

This memo is not intended nor should it be construed as commenting upon the character or ability of the above individuals or company.  The decision not to accept orders or close transactions with the above individuals and company is a business decision only.

As to Jerome Shapiro, Esq, information has been received from Jerome Shapiro, Esq. that unknown persons  have been impersonating him for the purpose of obtaining closing service letters and title commitments.

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:
Underwriting Manual:
  • None
Exceptions Manual:
  • None
Forms:
  • None