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.
Bulletin: NH2023001
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Bulletin: NH2023001
Dear Associates:
Please find attached the new New Hampshire Rate Manual which shows the changes made in this filing. New forms have also been approved. The effective date for this filing is November 13, 2023. The rate changes are as follows:
- Closing Protection Letter with a charge of $25 per transaction.*This charge is new for NH.
- Increase charge for Residential Mortgage Survey Affidavit from $50 to $75.
- Increase charge for Simultaneous Issuance of Owner’s and Loan Policies from $50 to $100.
- Increase charge for Simultaneous Issuance of Owner’s Policy for Residential Construction from $50 to $100.
- Update endorsement table to reflect all filed endorsements, including the new policies and endorsements listed below.
The new forms approved in this filing include the following:
- STG New Hampshire (ALTA Modified) Closing Protection Letter – Single Transaction Form (“NH1”)
- 9067 ALTA 23.1 Coinsurance Multiple Policies 5-12-22
- 9073 ALTA Endorsement JR 1 (4-2-22)
- 9074 ALTA Endorsement JR 2 (4-2-22)
- 9075 ALTA 48 Tribal Waivers and Consents (4-2-22)
- 9070 ALTA Residential Limited Coverage Junior Loan Policy with Arbitration (4-2-22)
- 9071 ALTA Residential Limited Coverage Mortgage Modification Policy with Arbitration (4-2-22)
- 9072 ALTA Short Form Residential Limited Coverage Junior Loan Policy (4-2-22)
- 9936 General Endorsement
The forms withdrawn in this filing include the following:
- REVOLV 2 Revolving Line of Credit Endorsement
- REVOLV 3 Revolving Line of Credit Endorsement
- Down Date Endorsement (for Foreclosure Insurance Policy M-9839)
Please contact PropertyInfo Customer Care or your title production software vendor to have the forms added to your system.
As a reminder, other forms should not be used if a comparable ALTA version is available. If a comparable ALTA version is available, the most current version of the ALTA form available in your state should be used, unless approved by a Stewart underwriter.
If you have any questions relating to this or other bulletins, please contact a Stewart Title Guaranty Company underwriter.
For online viewing of this and other bulletins, please log onto www.vuwriter.com.
References
- Bulletins Replaced:
- None
- Related Bulletins:
- None
- Underwriting Manual:
- None
- Exceptions Manual:
- None
- Forms:
- None