Bulletin: NYSA000092

Date:
November 29, 2006
To:
All New York State Office Counsel, Managers and Agents
RE:
Closing Alert Bulletin

We had previously advised you via a Bulletin issued December 12, 2000 to consult with Stewart Title Insurance Company Legal Department personnel IMMEDIATELY if you either closed any transactions or have any pending transactions involving the law firm of BELLETIERI, FONTE & LAUDONIO, PC.

We thank you for your cooperation in that regard and reiterate that request in this Alert. 

In addition, effective immediately do not accept attorney trust account checks or other mortgage closing account checks issued by this firm or any of its partners (Anthony Bellettieri, Robert V. Fonte and Tara Anne Laudonio), unless the checks are certified.  Please alert all personnel and closers accordingly.

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:
NYSA000017 Underwriting Alert
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None