- August 19, 2005
- All Issuing Offices
- Closing Alert - Michael Cary, Builders Asset Recovery Corporation and related entities
Effective immediately, all policy issuing agents are instructed not to accept any orders or close any pending transactions involving the below listed individual or entities without obtaining express written approval from the listed Stewart Legal Services representative.
Michael G. Cary, (Sr., Jr. or otherwise) individually or as partner, officer, agent or any other representative capacity
Builders Asset Recovery Drees Custom Home, Inc.
Builders Asset Management FSBMC, Inc.
Builders Assistant Management Grand Homes 2005, Inc.
Brighton Development Corp. Harris Pauley Corp.
Buescher Homes, Inc. HDR Emerald, Inc.
Buescher Interest, Inc. Mercedes Builders, Inc.
Darling Homes, Inc. MRL Leasing, Inc.
DHD Asset Management Corp. National Beauty Supply, Inc.
PHT Asset Management Corp.
Pulte Home Builders, Inc.
Sanders Custom Builders, Inc.
SBD Asset Management Corp.
Shaddock Builders & Developers
Sotherby Homes, Inc.
Virtue Investments, Inc.
Weekly Homes Inc.
WRH Asset Management Corp.
Young's Tank, Inc.
Young's Tank Leasing, Inc.
Youngs Capital, Inc.
If your office has recently closed or has pending transactions with the named individual or entities, please contact the following Stewart Legal Services representative IMMEDIATELY.
Stephen C. Reid, III
Vice President - Region Claims Counsel
Stewart Title Guaranty Company
Phone: (972) 308-8000
Fax: (972) 715-5626
For on-line viewing of this bulletin, log onto http://specialalerts.stewart.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.