Special Alert: SA2016005

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: SA2016005

Bulletin Document
V 1
Date: March 16, 2016
To: All District of Columbia Issuing Offices
RE: SPECIAL ALERT - 5721 Potomac Ave., NW, Washington, DC, 20016, et al

Dear Associates:

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

5721 Potomac Ave., NW, Washington, DC, 20016

MVE Family Trust

The Bank of New York Mellon, f/k/a The Bank of New York, as Indenture Trustee for CWHEQ Inc., Revolving Home Equity Loan Asset-Backed Notes, Series 2007-E. [PLEASE NOTE: This precaution relates solely to the above property.]

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.  

As a reminder, 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, which may be accessed at http://specialalerts.stewart.com/ or as a link from Stewart.com and/or Virtual Underwriter.

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