Bulletin: SLS2014004

Date:
January 23, 2014
To:
All Issuing Offices
RE:
Reminder Bulletin

Dear Associates: 

This Bulletin reminds you of your obligations as a policy-issuing representative of Stewart Title Guaranty Company ("Stewart"). In addition to possessing the customary knowledge associated with real estate closings in your jurisdiction, you are required to have specific knowledge of, and comply with, Stewart's underwriting practices, requirements and guidelines. These include, but are not limited to, our Underwriting Manual, Bulletins and Special Alerts. These resources, together with other important information, instructional materials and commonly used forms are contained in Virtual Underwriter, available online at www.vuwriter.com

Please note the following Bulletins relating to topics of current concern

SLS00171         Importance of the Positive Pay System

SLS2007007     Insuring Around, Over, or Against Outstanding Enforceable Recorded
                           Defects, Liens, and Encumbrances

CA2007001       Underwriting Bulletin Clarification

SLS2008001      Patriot Act Requirements and the Special Alerts Database [Revised
                           01/18/12]

SLS2008015      Paying Off Line of Credit Mortgages

SLS2009004      Use of Starters for Title Search [Revised 3-23-09]

SLS2009007      Mechanic’s Liens Recap

SLS2010026      Issuing Authority and Escrow Instructions

SLS2011004      Use of Prior Title Evidence (Starter) for Commercial Transactions

SLS2011005      Disbursement Practices: Good Fund vs. Collected Funds [Revised
                           04-27-12]

SLS2011010      Avoidance of Potential Conflicts of Interest

SLS2011012      Request for Approval (Overlimits) Form

SLS2011017      Stewart Title’s Forgery Watch Award Program

SLS2012001      Privacy Policy Opt Out Option

SLS2013003      Search Services and Limitation of Title Insurance Underwriting Agreement

SLS2013011      CLAIMS AVOIDANCE - Conveyance Scam Involving Recently Foreclosed
                           Properties

SLS2013015      UNDERWRITING - New STG Indemnity Agreements


Please also note the following Bulletins relating to Mechanic’s Liens During Construction:

MU2010007      Mechanic's Liens Coverage During Construction - Priority if No Lien or Suit
                           Filed when Disbursing (1)

MU2010008      Mechanic's Liens Coverage During Construction - Initial Priority if No
                           Commencement (3)

MU2010009      Mechanic's Liens Coverage During Construction - No Priority (2)

DE2010002       Mechanic's Liens Coverage During Construction

FL2010002        Mechanic's Liens Coverage on Lender's Policies During Construction

IL2010005         Mechanic's Liens Coverage During Construction - No Priority

LA2010010        Mechanic's Liens Coverage During Construction - Initial Priority if No
                           Commencement

MA2010002       Mechanic's Liens Coverage During Construction

MI2010007        Mechanic's Liens Coverage During Construction

NC2010003        Mechanic's Liens Coverage During Construction - Initial Priority if No
                            Commencement

ND2010001        Mechanic's Liens/Construction Liens Coverage During Construction -
                            Priority if No Lien or Suit Filed when Disburse

NJ2010005         Construction Lien Claims in New Jersey

NM2010001        Mechanic's Liens Coverage During Construction - Initial Priority if No
                             Commencement

PA2010009         Mechanic's Liens Coverage During Construction - Initial Priority if No
                            Commencement

TX2010008         Mechanic's Liens Coverage During Construction

VA2010001         Mechanic's Liens Coverage During Construction

WI2010005         Mechanic's Liens Coverage During Construction

As an accommodation, Stewart also distributes Bulletins and Special Alerts electronically. You are encouraged to sign up for electronic distribution of Bulletins and Special Alerts by contacting the Bulletin Coordinator at sylvia.lopez@stewart.com. Please also promptly forward any changes regarding your email address. Please ensure that emails from Stewart are not blocked or misdirected to your spam folder. Please add (sylvia.lopez@stewart.com) to your Address Book and Safe Senders List. 

As a reminder, you are responsible for knowledge of and compliance with the information contained in all Bulletins and Special Alerts as posted on Virtual Underwriter (www.vuwriter.com), whether you receive them by electronic distribution or not. 

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:
SLS2013005 Reminder Bulletins
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None