Bulletin: SA2011011

Date:
April 28, 2011
To:
All Western Region Issuing Offices
RE:
Special Alert - Suspicious Reconveyance Documents; Idaho and Utah

Dear Associates:

Reconveyance documents have been appearing in Idaho and Utah, and may appear elsewhere, executed by electronic signatures of persons purporting to be the officers or employees of various entities serving as the trustee of a deed of trust.  However, such reconveyance instruments may not have been executed by the actual persons who are the officers or employees of those trustee entities, and such instruments are thus ineffective at best, and potentially fraudulent.

The names of the following persons appear on the suspicious reconveyance documents:

Arlethia Reed

Chastity Newsome 

Documents bearing electronic signatures purporting to be those of Arlethia Reed or Chastity Newsome should be considered suspect.

The names of the following notaries appear on such documents:

Amy Gott

Vicki C. Knighten

The suspicious reconveyance instruments contain a purported notarial seal of Louisiana.  The purported notarizations are also by electronic signatures.

Please contact your underwriter before relying on a reconveyance that appears to be executed by a person claiming to be the above officer or employee, or notarized by a person claiming to be the above named notary.

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