Georgia Attorneys Title Guaranty Fund

Underwriting Bulletin No. 76

November 21, 2001

SUBJECT: Lender's Request for Letter Agreements
Below is a copy of First American Home Office National Bulletin 88 regarding the above subject matter. Please distribute to all appropriate personnel in your office.

Please contact the Underwriting Department at the Georgia State Office at 800-328-2642 or 404- 250-1604 if you have any questions.

Case No: Hona 88
Filed: 11-15-2001
Name: Lender's Request for Letter Agreements
Written By: Richard W. Flory

It has come to our attention that letters, like the one attached, have been sent out to our various offices and agents for consideration.

This letter increases the liability to the title insurance company, and its agents. This is not acceptable; do not execute these types of letters. Furthermore, these types of letters may in some states be construed as an insurance product, which may require filing and approval by a state regulatory agency.

Please feel free to contact the Home Office Underwriting Department if you have any questions or comments.

Please see the printable version of UB# 76 for an example letter.

Printable version: ub76.pdf

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