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: SA2012015
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: SA2012015
Dear Associates:
Effective immediately, all issuing offices are instructed not to accept any orders or close any transactions involving the following persons or entities without the written approval of a Stewart Legal Services representative:
G.I.A.F., Inc., based in Southfield, Michigan
d/b/a GIAF Escrow Services
d/b/a DBBA Home Mortgage
d/b/a GIAF Mortgage
Charles Brian Lovejoy
Zakiiyah Lovejoy
James Stewart
The Kaiser Group, LLC
The Michigan Office of Financial and Insurance Regulation (OFIR) has ordered G.I.A.F., Inc., and several company officers to cease and desist from the sale, solicitation, or negotiation of any line of insurance in Michigan. Click here to view a copy of OFIR’s Cease and Desist Order.
If you have any pending transactions involving any of the above or if you recently closed any transactions involving them, please contact Stewart Legal Services or a Michigan 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