Bulletin: MU000046
- Date:
- April 10, 2003
- To:
- All Issuing Offices in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
- RE:
- Wachovia and Short Form Policy
Dear Associates:
Wachovia has now agreed to accept the Short Form Loan Policy and is changing its closing instructions to reflect this choice. Please ask your offices to issue the Short Form Loan (or Short Form Mortgagee) Policy for Wachovia Mortgage residential closings.
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:
- None
- Related Bulletins:
- FL000037 Short Form Residential Loan Policy with Florida Modifications
- LA000003 Master Residential Loan Policy and Short Form Residential Loan Policy
- MU000032 Speeding Up the Policy: ALTA Short Form Residential Loan Policy (10/17/92); Date of Policy on Regular Owner's or Loan Policy [Partially Replaced]
- MU000035 This Bulletin has been replaced by MU2007001.
- MU000039 Short Form Residential Loan Policy - World Savings
- MU000041 Short Form Residential Loan Policy
- MU000043 ALTA Expanded Coverage Residential Loan Policy (10/13/01); Short Form Expanded Coverage Residential Loan Policy (2001)
- OK000001 Master Residential Loan Policy and Short Form Residential Loan Policy
- TX000061 Commissioner's Order for 2002 Hearing
- WV000004 Short Form Residential Loan Policy
- Underwriting Manual:
- None
- Exceptions Manual:
- None
- Forms:
- ALTA Expanded Coverage Residential Loan Policy 2001
- ALTA Junior Loan Policy - Short Form Residential Limited Coverage 1996
- ALTA Short Form Residential Loan Policy and Addendum 1990
- ALTA Short Form Residential Loan Policy and Addendum 1992
- ALTA Short Form Residential Loan Policy and Addendum 2000