Guideline: ALTA Endorsement 44-06 (Insured Mortgage Recording - Loan) (12-02-13)

Explanation:

This endorsement amends Paragraph 4 of Schedule A of the policy. It insures against loss or damage by reason of the failure of the Insured Mortgage to have been recorded in the Public Records as set forth in the endorsement. 

This endorsement is designed for issuance with a 2006 ALTA Loan Policy.

Underwriting Requirements:

  1. The Insured Mortgage and any assignments must have been recorded in the Public Records and a Recording/Instrument Number assigned to the mortgage and any assignments.
  2. The information required by Paragraph 3 of the Endorsement must be obtained from a review of the recorded mortgage and any assignments. The information inserted in Paragraph 3 must be identical to the information found on the recorded mortgage and any assignments.
  3. This endorsement may be modified only after written approval is obtained from Stewart Title Guaranty Company underwriting personnel.

The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.

Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.

This guideline applies to the following form(s):

ALTA Endorsement 44-06 (Insured Mortgage Recording - Loan) (12-02-13)