- September 26, 2001
- All Issuing Offices
- Closing Alert
Effective immediately, all policy issuing agents are instructed not to close any transactions involving the below listed entities/individuals unless approval has been received in writing from Stewart Title Guaranty Company's National Legal Department:
CornerStone Mortgage Bankers, Inc.
Samuel Thomas Drake (aka Tommy Drake)
Dermot Maher (aka Dee Fox)
Loan Ranger Financial Services, Inc.
Linda S. Harris
If you have any pending transactions involving such entities/individuals, please contact Stewart Title Guaranty Company's National Legal Department IMMEDIATELY.
Stewart Title Guaranty Company
1980 Post Oak Boulevard, Suite 710
Houston, Texas 77056
(713) 629-2248 (FAX)
Thank you for your anticipated cooperation.
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.