Bulletin: SLS2009010
- Date:
- August 07, 2009
- To:
- All Issuing Offices
- RE:
- AmTrust Bank and Short Form Policy
Dear Associates:
AmTrust Bank requires that their closing agents issue short form policies on their loans. Please inform your offices that a Short Form Loan Policy is required for AmTrust Bank residential closings.
If you have questions relating to this bulletin, please contact Stewart Legal Services or your local underwriting personnel.
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:
- None
- Related Bulletins:
- MU000018 Title Search Requirements
- MU000021 Date of Policy (without recording information)
- 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]
- MU000039 Short Form Residential Loan Policy - World Savings
- MU000041 Short Form Residential Loan Policy
- MU000046 Wachovia and Short Form Policy
- MU2007005 This bulletin has been replaced.
- MU2008008 2006 Policies
- SLS00307 2006 ALTA Forms
- SLS2009004 Use of Starters for Title Search [Revised 3-23-09]
- SLS2009006 Searches, Starters, Subordinations, Satisfactions and Surveys
- Underwriting Manual:
- None
- Exceptions Manual:
- None