Special Alert: SA2010006

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: SA2010006

Bulletin Document
V 1
Date: March 09, 2010
To: All Issuing Offices
RE: Special Alert - AM Mortgage Corp. et al.

Dear Associates:

Effective immediately, all issuing offices are instructed not to accept any orders or close any transactions involving the following individuals, entities or properties without the written approval of a Stewart Legal Services representative:

Mortgage Companies
AM Mortgage Corp.
Atlas Preferred LLC
Exclusive Bankcorp, Inc.
KRK Financial Services, Inc. dba KRK Mortgage Bankcorp, Inc.
Elite Financial Investments, Inc.
C.D.K. USA Mortgage
Country Mortgage Services, Inc.

Loan Originators
Theodore Cardenas, of Schaumburg, IL
John Karapournos, of Skokie, IL
Razzak Khader, of Morton Grove, IL
Zarak Khan, of Chicago, IL
Sara Mian, of Niles, IL
Jeff Townsend, of Glendale Heights, IL
Arfeen S. Ahmed

Real Estate Appraisers
Choudhry Z. Muzaffar, of Chicago, IL
Jason M. Powell, of Chicago, IL

Title Company and Principals
Traditional Title Company, LLC, located in Schaumburg, IL
Ira Terry Kaufman, of Chicago, IL
Elbert D. Reniva, of Schaumburg, IL

Real Estate Brokers
ENH Services LLC
Zeal Management LLC
Eliot Higueros

If you have any pending transactions involving any of these individuals, entities or properties, or if you have recently closed any transactions involving them, please contact the following Stewart Legal Services representative:

Eileen Van Roeyen
Underwriting Counsel
2800 West Higgins Road, Suite 835
Hoffman, Estates, IL 60169
(847) 884-2332
evanroeyen@stewart.com  

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.


References

Bulletins Replaced:
  • None
Related Bulletins:
  • None
Underwriting Manual:
  • None
Exceptions Manual:
  • None
Forms:
  • None