Special Alert: SLS00363

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Special Alert: SLS00363

Bulletin Document
V 1
Date: April 11, 2007
To: All Issuing Offices
RE: Closing Alert -- Investaid Corp.

Dear Associates:

We have been alerted that the following lender/broker has suspended its mortgage loan approval, closing, and funding processes:

            Investaid Corp.
            24315 Northwestern Hwy, #100
           Southfield, MI  48075
            1-800-377-5188

Effective immediately, all policy issuing agents are instructed not to accept any orders or close any transactions involving Investaid Corp. without the written approval of the Stewart Legal Services representative listed below:

Mary Payne Thomas
Stewart Legal Services
Stewart Title Guaranty Company
1980 Post Oak Blvd,
Suite 710
Houston, Texas 77056
(800) 729-1902
Email: mthomas@stewart.com

Please contact the above representative immediately if you have any transactions involving the above referenced entity.

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