Special Alert: SLS00340

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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: SLS00340

Bulletin Document
V 1
Date: January 19, 2007
To: All Issuing Offices
RE: Closing Alert - Neighbors Mortgage and Tom Stanley

Dear Associates:

Effective immediately, all policy issuing agents are instructed NOT TO CLOSE any transaction involving the below listed companies  or individual without obtaining express written approval from the State Counsel where the property is located.

Neighbors Mortgage
7704 Maple Street
Midvale, UT 84047
Office Phone: (801) 352-8123
Fax: (801) 352-8063

and

Tom Stanley

If your office has recently closed or has pending transactions involving the named individual or entity or has questions , please contact the following Stewart Legal Services representative IMMEDIATELY.

Shawn A. Goldfaden
Senior Underwriting Counsel
Stewart Title Guaranty Company
609 Global Way,Suite 122
Linthicum Heights, Maryland 21090
Phone: (410) 789-8400
Fax: (410) 789-8407

shawn.goldfaden@stewart.com

or

Mary A. Slade
Regional Claims Counsel
Stewart Title Guaranty Company
1613 Laskin Road
Virginia Beach, VA 23451
Phone: (800) 488-4102

For on-line viewing of this bulletin, log onto http://specialalerts.stewart.com/

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