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Bulletin: DC000014

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Bulletin: DC000014

v 1
Date: February 01, 1998
To: All District of Columbia Policy Issuing Agents
RE: Underwriting Mortgages, Deeds of Trust and Judgment Liens of Record After Owner/Borrower Declares Bankruptcy, Has Been Discharged, and the Case is Closed

Dear Associates:

THE PROBLEM

There is great confusion in the title examining community as to the status of a title which shows that an owner, either current or back in the chain of title, has gone into bankruptcy, there has been a discharge and the case has been closed. What is the status of ...

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:
Exceptions Manual:
None
Forms:
None