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Special Alert: SA2009056

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Special Alert: SA2009056

Bulletin Document
V 1
Date: December 18, 2009
To: All Issuing Offices
RE: Special Alert - AmTrust Bank Update

Dear Associates:

This Bulletin supplements Special Alert SA2009054 dated December 7, 2009, relating to AmTrust Bank.

You may obtain information about the status of a loan - whether it has been retained by the FDIC, as Receiver, or is being transferred to New York Community Bank - by contacting the Mortgage Consulting Center at 888-321-6446 or by emailing an inquiry to Closingagentsetup@amtrust.com. You must obtain current written instructions (which may be transmitted electronically) regarding a loan.

As of December 4, 2009, New York Community Bank is operating the former branches of AmTrust Bank as "AmTrust Bank, a division of New York Community Bank". You may comply with current written instructions (which may be transmitted electronically) relating to payoffs or new loans that describe them in this manner.

If you have questions relating to this bulletin, please contact Stewart Legal Services or your local underwriting personnel.

For on-line viewing of this and other bulletins, please log onto www.vuwriter.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.

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