Bulletin: CA2024007

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Bulletin: CA2024007

Bulletin Document
V 2
Date: August 15, 2024
To: All California Issuing Offices
RE: RATES AND/OR FORMS UPDATE - CA - STG Modified CLTA 104.10

Dear Associates:

Stewart Title Guaranty Company (“STGC” or “Company”) is filing an updated endorsement form CA – STG Modified CLTA 104.10 – Assignment of Mortgage. This form is pending California Department of Insurance approval, anticipated to become effective for orders opened on or after September 12, 2024; please post as required. Attached are the links for your convenience. (Click here to view a copy of the “Redline” and the “Accepted” versions.)

The form has been updated to reflect the underwriting required changes set forth in its recent Non-Institutional Lender bulletin. This updated endorsement form will also be available in STGC’s Virtual Underwriter.

If you have any questions about this bulletin, any pricing concerns, or any other bulletin please contact a member of your Stewart Title Guaranty Company’s California Underwriting Team.

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:
Underwriting Manual:
  • None
Exceptions Manual:
  • None
Forms:
  • None