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.
Special Alert: SA2012001
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: SA2012001
Dear Associates:
Effective immediately, all issuing offices are instructed not to accept any orders or close any transactions involving the following names without the written approval of a Stewart Legal Services representative:
FRC One, LLC, a California limited liability company
Mr. Ming Li
1st Investments, Inc., a California corporation
Jocal Investments, Inc., a California corporation
Vardanian California, Inc.
Mazen Al Zoubi
Salem Abbadi a/k/a Salem Abbaddi
Victor Rosales Jr. a/k/a Victor J. Rosales Jr.
Massod Pezeshkefar
John Moran
1769 Lilac Ave., Rialto, CA 92376
339 N. Lancewood Ave., Rialto, CA 92376
1167 W. Cornell St., Rialto, CA 92376
1020 N. Encino Ave., Rialto, CA 92376 (2)
1829 W. Ash St., San Bernardino, CA 92407
7702 Emerald Ct., Fontana, CA 92336
7310 Nelson Ave., Fontana CA 92336
9963 Magnolia St., Bloomington, CA 92316
10454 Orchard St., Bloomington, CA 92316
1613 N. Yucca Ave., Rialto, CA 92376
14771 Live Oak St., Hesperia, CA 92345
15545 Heartsease Ln., Victorville, CA 92395
5080 Bushnell Ave., Riverside, CA 92505
4026 Agate St., Riverside, CA 92509
12199 Ponce De Leon Dr., Moreno Valley, CA 92557
Suspicious deeds of trust have been recorded against properties owned by FRC One, LLC.
If you have any pending transactions involving the above names, entities, or properties, or if you recently closed any transactions involving them, please contact Stewart Legal Services or a Stewart Title Guaranty Company underwriter.
For on-line viewing of this and other bulletins, please log onto www.vuwriter.com.
References
- Bulletins Replaced:
- None
- Related Bulletins:
- None
- Underwriting Manual:
- None
- Exceptions Manual:
- None
- Forms:
- None