Bulletin: SLS00265

Date:
October 07, 2005
To:
All Issuing Offices
RE:
Closing Alert Bulletins and Fraud Alert Bulletins
Dear Associates:

For many years the Forms and Information Service Center in conjunction with Stewart Legal Services has sent out hard copies of Closing Alert Bulletins and Fraud Alert Bulletins to all our issuing offices including both affiliated offices and independent agents.

Many issuing offices have told us that they discard the hard copies of Closing Alert Bulletins and Fraud Alert Bulletins that they receive in the mail.  Issuing offices have also advised us that they would prefer to receive these bulletins by e-mail and of course have the ability to run online searches at the Special Alerts web page. 

The names of all individuals, financial institutions and other entities that have been reflected in these Closing Alert and Fraud Alert Bulletins are included in a searchable database that is available at http://specialalerts.stewart.com/ which can be directly accessed or as a link from Stewart.com or Virtual Underwriter.  Both the Closing/Fraud Alerts database and the Patriot Act/Specially Designated Nationals database that issuing offices are required to search on all transactions can be searched automatically at the same time with no additional steps. 

Based upon the preceding, Stewart Legal Services is going to discontinue the practice of sending out hard copies of Closing Alert Bulletins and Fraud Alert Bulletins effective January 1, 2006.  If you would like to receive Closing Alert Bulletins and Fraud Alert Bulletins via e-mail, please register with us by sending an e-mail that includes the name of your issuing office, location, your Stewart Agent ID and your name to the following email address: ClosingBulletins@Stewart.com. No additional action on your part will be necessary.  If you are already receiving Closing Alert and Fraud Alert Bulletins via e-mail it will still be necessary for you register by sending an e-mail as set forth herein so that we can establish one e-mail group for distribution of these bulletins.

Please continue to immediately report any fraudulent activity which could affect the SISCO Family of Underwriters and/or its policy issuing agents to:

Patty Hoesl
Claims & Litigation Paralegal
Stewart Legal Services
Stewart Title Guaranty Company
1980 Post Oak Blvd., Suite 710
Houston, TX 77056
(800) 729-1902
(713) 629-2248 FAX

phoesl@stewart.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