Bulletin: TX2014002

Date:
February 05, 2014
To:
All Texas Issuing Offices
RE:
UNDERWRITING - Supreme Court of Texas Order Approving Forms for Expedited Foreclosure Proceedings (Misc. Docket No. 13-9171)

Dear Associates: 

Pursuant to the Act of May 27, 2013, 83rd Leg., R.S. (HB 2978) and section 22.018 of the Texas Government Code, the Supreme Court of Texas approved a set of forms for use in expedited foreclosure proceedings under Texas Rule of Civil Procedure 736 for a lien securing (1) a home equity loan, reverse mortgage, or home equity line of credit, (2) a property owner’s association assessment, or (3) a tax lien transfer or property tax loan.  

A copy of the Order as well as the forms can be found at: 

http://www.supreme.courts.state.tx.us/miscdocket/13/13917100.pdf  

These forms are promulgated forms of the Supreme Court of Texas to conform to Rule 736. If you are presented with other forms, you must make sure the other forms conform to Rule 736.  

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:
TX2013006 LEGISLATIVE UPDATES - 2013 Texas Legislative Analysis (Part 1)
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None