Guideline: ALTA Endorsement 02 and 2-06 (Truth-in-Lending)


This endorsement is issued only in conjunction with a Loan Policy and was decertified as an ALTA Form effective 12-01-15. The endorsement insures the lender against the effect of the termination of the lien by reason of the valid exercise of the right of rescission. The right of rescission may apply if (1) the lien is a security interest in the borrower's principal dwelling and (2) the loan is not a purchase money mortgage, and (3) the borrower is a natural person.

Endorsement 2 is issued with a 1992 ALTA Loan Policy.  Endorsement 2-06 is issued with a 2006 ALTA Loan Policy.

Underwriting Requirements:


Any revision to this form requires approval of a Stewart Title Guaranty Company underwriter. The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.

Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.

This guideline applies to the following form(s):

ALTA Endorsement 2 (Truth-in-Lending)