Bulletin: NY000467

Happy New Year from the Legal Department of Stewart Title Insurance Company. We wish you a prosperous 2011.

The purpose of this Bulletin is to remind you of your obligations as a policy- issuing representative of Stewart Title Insurance Company (“Stewart”). In addition to possessing the common and customary knowledge associated with New York State real estate closings, you are required to have specific knowledge of Stewart’s underwriting practices. To this end, Stewart provides you with our Virtual Underwriting Manual, Title Alerts, Underwriting Bulletins and commonly used forms approved by Stewart. To gain access to the aforementioned documents and other important information kindly log on to the Stewart Agent Resource Center. To access the Agent Resource Center, go to http://www.stewartnewyork.com/ and click on "Agent Log-In". You will need your Agent ID number to access the Resource Center. If you do not know your agent ID number, please call 212-922-0050.

Since the New Year is upon us, I wish to direct your attention to certain Bulletins to refresh your knowledge. Please review Bulletins:

• NY000337 Escrow Deposit Review – Compliance with Sections 1317 and 1422 of the New York Abandoned Property Law
• NY000361 Use of Stewart Rate Calculator
• NY000391 Policy Approval (High Liability/Over Limit Policy Form)
• NY000398 Errors and Omission Coverage Notice of Change or Termination
• NY000399 Indemnities to Clear Liens
• NY000406 USA Patriot Act – Money Laundering; Executive Order and Terrorists
• NY000418 Rate Manual
• NY000430 Compliance with Approval Policy Forms and Endorsements
• NY000431 Section 26 of the TIRSA Rate Manual and Section 6409c of the New York State Insurance Law
• NY000433 Use of Mutual Indemnification Agreement
• NY000434 Prohibition Against Self Dealing
• NY000442 Notice of Claim Requirements/ Stewart Title Insurance Company Anti-Fraud Plan
• NY000456 Comfort Letters/Non-Impairment letters
• NY000465 Insuringat or after Mortgage or Deed of Trust ForeclosurePart 2

As an approved policy-issuing office of Stewart, you are only authorized to collect title insurance premiums and issue title policies and endorsements in accordance with Stewart’s underwriting practice, the terms and conditions of the policies, the Title Insurance Rate Service Association, Inc., and Title Insurance Rate Manual within the State of New York. This Bulletin is an express statement of limited authority, limited to the issuance of a Stewart Title Insurance Company Policy of Title Insurance and does not afford any authority for settlement or the guaranty of any escrow deposits.

As a policy-issuing office of Stewart Title Insurance Company, if you are on notice of any title alert or cautionary memorandum issued by Stewart Title Insurance Company or another underwriter, your office may not issue a Stewart policy in connection with a transaction on the affected premises without disclosure to, and prior written approval from, Stewart Title Insurance Company.

In addition to the Bulletins referenced above, as a policy-issuing office of Stewart you are required to review and comply with the Virtual Underwriting Manual, all Bulletins and Alerts as well as established underwriting guide lines promulgated by the Company. Should you choose to unsubscribe from the electronic distribution list or for some technical difficulties you are not receiving Stewart’s Bulletins or Alerts, you are still responsible for the review and compliance with those Bulletins and Alerts posted on our website.

Again, thank you for your cooperation and we look forward to serving your needs in the New Year!