Bulletin: NYSA000086

Date:
August 31, 2006
To:
All New York State Office Counsel, Managers and Agents
RE:
Closing Alert

Please consult with the Legal Department personnel prior to insuring any transactions, or agreeing to issue a leter of indemnity, involving the following parties and properties:

Parties

Nationwide Multiple Servicing, Inc.

National Multiple Service

John Rafi

Mohammed Z. Hossaian

Kiron Roy

Tapan Saha

Tarek Nath Ghoshal

Properties

148-20 87th Avenue, Jamaica NY

109-29 Roosevelt Avenue, Corona NY

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:
NYSA000075 Underwriting Alert
 
NYSA000078 High Priority Alert- Fraud
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None