Bulletin: SLS00257

Note: This Bulletin has been replaced by Bulletin SLS00260 . Use it for reference only.

Date:
August 19, 2005
To:
All Issuing Offices
RE:
Closing Alert - Michael Cary, Builders Asset Recovery Corporation and related entities

Dear Associates:

Effective immediately, all policy issuing agents are instructed not to accept any orders or close any pending transactions involving the below listed individual or entities without obtaining express written approval from the listed Stewart Legal Services representative. 

Michael G. Cary, (Sr., Jr. or otherwise) individually or as partner, officer, agent or any other representative capacity

 

Builders Asset Recovery                                          Drees Custom Home, Inc.

Builders Asset Management                                                FSBMC, Inc.

Builders Assistant Management                              Grand Homes 2005, Inc.

Brighton Development Corp.                                    Harris Pauley Corp.  

Buescher Homes, Inc.                                               HDR Emerald, Inc.

Buescher Interest, Inc.                                              Mercedes Builders, Inc.

Darling Homes, Inc.                                                   MRL Leasing, Inc.

DHD Asset Management Corp.                               National Beauty Supply, Inc.

 

PHT Asset Management Corp.

Pulte Home Builders, Inc.

Reig Corporation

Sanders Custom Builders, Inc.

SBD Asset Management Corp.

Shaddock Builders & Developers

Sotherby Homes, Inc.

Virtue Investments, Inc.

Weekly Homes Inc.

WRH Asset Management Corp.

Young's Tank, Inc.

Young's Tank Leasing, Inc.

Youngs Capital, Inc.

If your office has recently closed or has pending transactions with the named individual or entities, please contact the following Stewart Legal Services representative IMMEDIATELY.

Stephen C. Reid, III

Vice President - Region Claims Counsel

Stewart Title Guaranty Company

15950 Dallas Parkway, Suite 100

Dallas, Texas 75248

Phone: (972) 308-8000

Fax: (972) 715-5626

Email: streid@stewart.com


For on-line viewing of this bulletin, log onto http://specialalerts.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