- August 05, 2009
- All Issuing Offices
- Special Alert - Updated - Taylor, Bean & Whitaker Mortgage Corporation
We received information that the following entity:
Taylor, Bean & Whitaker Mortgage Corporation
ceased all mortgage origination operations effective immediately. The information indicates that Taylor, Bean & Whitaker will not close or fund any mortgage loans currently pending in its pipeline.
If you have questions relating to this bulletin, please contact Stewart Legal Services or your local underwriting personnel.
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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.
- Bulletins Replaced:
- Related Bulletins:
- SA2009005 Closing Alert - Updated - Transactions regarding Taylor, Bean & Whitaker
- SA2009035 Special Alert - Taylor, Bean & Whitaker Mortgage Corporation
- Underwriting Manual:
- Exceptions Manual: