Bulletin: VA2014001

Date:
July 10, 2014
To:
All Virginia Issuing Offices
RE:
RATES/AND OR FORMS UPDATE: NEW VIRGINIA RATE MANUAL

Dear Associates:

Please note there is a newly revised Virginia Rate Manual and Schedule of Charges. The effective date for the manual is August 1, 2014.

Changes: There is a new bracket of rates in Virginia for policies from $2.5 million to $5.0 million, new policy amount minimum premiums, clarification regarding endorsement charges, and new loan modification premium rates. The rate manual also contains additional notes about Virginia decedents’ estate cases, the ALTA U.S. Policy, the STG Home Equity Policy, the ALTA Junior Loan Policy and other products.

Please note: Any agent using AFW or AIM+ should contact their PropertyInfo Customer Care representative to get the new rate(s) and/or changes implemented into their AFW or AIM+ system.

Virginia Rate Manual (Click to View)

Schedule of Charges (Click to View

If you have any questions relating to this or other bulletins, please contact a Stewart Title Guaranty Company underwriter.

For on-line viewing of this and other bulletins, please log onto www.vuwriter.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.

References

Bulletins Replaced:
VA2011001 New VA Rate Manual and Schedule of Charges, Including Refinance Rates
Related Bulletins:
None
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None