Bulletin: NY000040

Date:
January 31, 1994
To:
All Underwritten Companies
RE:
Fraud Alert 221-01 Edgewood Avenue, Springfield Gardens, Queens, New York

Dear Associates:

If you have an application for insurance of a title on 221-01 Edgewood Avenue, Springfield Gardens, Queens, New York, Louis Hammond and Othelia Hammond, his wife, contact Underwriting Counsel IMMEDIATELY.

You are advised to decline to issue title insurance in this matter, pursuant to Part 1, Section 1(E) of the TIRSA Rate Manual.

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:
6.38 Fraud
Exceptions Manual:
None
Forms:
None