Bulletin: SLS2021006

Date:
June 29, 2021
To:
All Issuing Offices
RE:
UNDERWRITING - Non-Institutional/ Hard Money/ Private Lender Transactions

Dear Associates:

Bulletins SLS2020009 and SLS2018002 relating to Non-Institutional Lender Transactions are hereby rescinded.

Specific state Bulletins for California and Washington are being issued concurrently with this Bulletin in replacement of the rescinded Bulletins. Additional state Bulletins may be issued in replacement of the rescinded Bulletins.

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:
SLS2020009 UNDERWRITING - COVID19 and Non-Institutional/ Hard Money/ Private Lender Transactions [Revised 7-27-20]
 
SLS2018002 UNDERWRITING - Non-Institutional / Hard Money / Private Lenders Transactions [Revised 7-11-19]
Related Bulletins:
None
Underwriting Manual:
None
Exceptions Manual:
None
Forms:
None