Organizational Guidelines
American Land Title Association California Land Title Association Stewart Title GuarantyGuideline: ALTA Endorsement 29-06 and 29.1-06 (Interest Rate Swap Endorsement)
Explanation:
This endorsement insures against (1) invalidity or unenforceability of the insured mortgage as security for the repayment of the Swap Obligation; (2) lack of priority of the lien of the insured mortgage as security for the repayment of the Swap Obligation.
This endorsement contains excl...
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Any revision to this form requires approval of a Stewart Title Guaranty Company underwriter. The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.
Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.
- ALTA Endorsement 29-06 (Interest Rate Swap Endorsement - Direct Obligation) (2-3-10) TC 4-2-14; 8-1-16
- ALTA Endorsement 29.1-06 (Interest Rate Swap Endorsement - Additional Interest) (2-3-10) TC 4-2-14; 8-1-16
- NJRB 5-129 ALTA Endorsement 29-06 Interest Rate Swap Endorsement - Direct Obligation (Revised 1/1/17)
- NJRB 5-130 ALTA Endorsement 29.1-06 Interest Rate Swap Endorsement - Additional Interest (Revised 2/1/19)