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.
Special Alert: SLS00363
Search the Database
Before closing a transaction, all issuing offices must search the names of the parties to the transaction, including the seller, buyer/borrower, payoff lender and new lender, using the Special Alerts database. Go to the Special Alerts database to search for specific names, entities and properties.
Special Alert: SLS00363
We have been alerted that the following lender/broker has suspended its mortgage loan approval, closing, and funding processes:
Investaid
Corp.
24315 Northwestern Hwy,
#100
Southfield,
MI
48075
1-800-377-5188
Effective
immediately, all policy issuing agents are instructed not to accept any orders
or close any transactions involving Investaid Corp. without the written approval
of the Stewart Legal Services representative listed below:
Mary Payne Thomas
Stewart Legal Services
Stewart Title
Guaranty Company
1980 Post Oak
Blvd,
Suite
710
Houston,
Texas
77056
(800) 729-1902
Email:
mthomas@stewart.com
Please contact the above representative immediately if you have any
transactions involving the above referenced entity.
For on-line viewing
of this bulletin, log onto http://specialalerts.stewart.com/
References
- Bulletins Replaced:
- None
- Related Bulletins:
- None
- Underwriting Manual:
- None
- Exceptions Manual:
- None
- Forms:
- None