Bulletin: NE2012003

Date:
July 02, 2012
To:
All Nebraska Issuing Offices
RE:
New ALTA Forms Filing

Dear Associates:    

Effective June 15, the following recently-approved forms may be used, as appropriate, when issuing policies insuring interests in Nebraska real estate:

ALTA Homeowners Policy of Title Insurance (O-9540) (2/03/10)

ALTA Expanded Coverage Residential Loan Policy (M-9951) (07/26/10)

ALTA Short Form Expanded Coverage Residential Loan Policy (U-9552) (07/26/10)

ALTA Endorsement 3.1-06 Zoning-Completed Structure (E-9481) (10/22/09)

ALTA Endorsement 4-06 Condominium (E-9542) (02/03/10)

ALTA Endorsement 5-06 Planned Unit Development (E-9543) (02/03/10)

ALTA Endorsement 10-06 Assignment (E-9544) (02/03/10)

ALTA Endorsement10.1-06 Assignment and Date Down (E-9545) (02/03/10)

ALTA Endorsement 11.1-06Mortgage Modification with Subordination (E-9493) (10/22/09)

ALTA Endorsement 13-06 Leasehold-Owners (E-9260) (02/03/11)

ALTA Endorsement 13.1-06 Leasehold-Loan (E-9261) (02/03/11)

ALTA Endorsement 14-06 Future Advance-Priority (E-9262) (02/03/11)

ALTA Endorsement 14-06 Future Advance-Priority without MML (E-9263) (02/03/11)

ALTA Endorsement 14.1-06 Future Advance-Knowledge (E-9264) (02/03/11)

ALTA Endorsement 14.1-06 Future Advance-Knowledge without MML (E-9265) (02/03/11)

ALTA Endorsement 14.2-06 Future Advance-Letter of Credit (E-9266) (02/03/11)

ALTA Endorsement 14.2-06 Future Advance-Letter of Credit without MML (E-9267) (02/03/11)

ALTA Endorsement 14.3-06 Future Advance-Reverse Mortgage (E-9268) (02/03/11)

ALTA Endorsement 14.3-06 Future Advance-Reverse Mortgage without MML (E-9269) (02/03/11)

ALTA Endorsement 28-06 Easement Damage or Forced Removal (E-9546) (02/03/10)

ALTA Endorsement 29-06 Interest Rate Swap Direct Obligation (E-9547) (02/03/10)

ALTA Endorsement 29.1-06 Interest Rate Swap Endorsement-Additional Interest (E-9548) (02/03/10)

ALTA Endorsement 29.2-06 Interest Rate Swap-Direct Obligation-Defined Amount (E-9584) (8/01/11)

ALTA Endorsement 29.3-06 Interest Rate Swap-Additional Interest-Defined Amount (E-9585) (8/01/11)

ALTA Endorsement 30-06 One to Four Family Shared Appreciation Mortgage (E-9553) (07/26/10)

ALTA Endorsement 31-06 Severable Improvements (E-9270) (02/03/11)

ALTA Endorsement 32-06 Construction Loan - Loss of Priority (E-9271) (02/03/11)

ALTA Endorsement 32.1-06 Construction Loan-Loss of Priority-Direct Payment (E-9272) (02/03/11)

ALTA Endorsement 33-06 Disbursement (E-9273) (02/03/11)

ALTA Endorsement 34-06 Identified Risk Coverage (E-9586) (8/01/11)

The Nebraska Rate Manual will be updated to include these endorsement forms and the rates for them and distributed in the near future.

Any Agent using AIM For Windows© should contact PropertyInfo Customer Care to get any new rate changes implemented in their AFW system.
 
If you have any questions relating to this or other bulletins, please contact a Stewart Title Guaranty Company 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:
ALTA Endorsement 10-06 (Assignment) Revised 02/03/10
 
ALTA Endorsement 10.1-06 (Assignment and Date Down) Revised 02/03/10 Technical Correction 08-01-16
 
ALTA Endorsement 11.1-06 (Mortgage Modification with Subordination) (10/22/09)
 
ALTA Endorsement 13-06 (Leasehold - Owner's) Revised 02-03-11
 
ALTA Endorsement 13.1-06 (Leasehold - Loan) Revised 02-03-11
 
ALTA Endorsement 14-06 (Future Advance - Priority) Revised 02-03-11
 
ALTA Endorsement 14-06 (Future Advance-Priority) (without MML) 02-03-11
 
ALTA Endorsement 14.1-06 (Future Advance - Knowledge) Revised 2-3-11
 
ALTA Endorsement 14.1-06 (Future Advance-Knowledge) (without MML) 02-03-11
 
ALTA Endorsement 14.2-06 (Future Advance - Letter of Credit) Revised 02-03-11
 
ALTA Endorsement 14.2-06 (Future Advance-Letter of Credit) (without MML) 02-03-11
 
ALTA Endorsement 14.3-06 (Future Advance - Reverse Mortgage) Revised 02-03-11
 
ALTA Endorsement 14.3-06 (Future Advance-Reverse Mortgage) (without MML) 02-03-11
 
ALTA Endorsement 28-06 (Easement - Damage or Enforced Removal) Revised 02/03/10
 
ALTA Endorsement 29-06 (Interest Rate Swap Endorsement - Direct Obligation) (02-03-10) Technical Corrections (04-02-14; 08-01-16)
 
ALTA Endorsement 29.2-06 (Interest Rate Swap Endorsement - Direct Obligation - Defined Amount) (08-01-11) Technical Corrections (04-02-14)(08-01-16)
 
ALTA Endorsement 29.3-06 (Interest Rate Swap Endorsement - Additional Interest - Defined Amount) (08-01-11) Technical Corrections (04-02-14; 08-01-16)
 
ALTA Endorsement 3.1-06 (Zoning-Completed Structure) Revised 10/22/09
 
ALTA Endorsement 30-06 (Shared Appreciation Mortgage) (7-26-10)
 
ALTA Endorsement 31-06 (Severable Improvements) Adopted 02-03-11
 
ALTA Endorsement 32-06 (Construction Loan - Loss of Priority) Adopted 02-03-11
 
ALTA Endorsement 32.1-06 (Construction Loan - Loss of Priority - Direct Payment) Adopted 02-03-11
 
ALTA Endorsement 33-06 (Disbursement) Adopted 02-03-11
 
ALTA Endorsement 34-06 (Identified Risk Coverage) (08-01-11)
 
ALTA Endorsement 4-06 (Condominium - Assessments Priority) Revised 02-03-10 Technical Correction 12-01-16
 
ALTA Endorsement 5-06 (Planned Unit Development - Assessments Priority) Revised 02-03-10 Technical Correction 12-01-16, 12-01-17
 
ALTA Homeowner's Policy of Title Insurance Revised 02/03/10