South Atlantic Land Title, Inc.
P. O. Box 656
112 West 5th Street
Lumberton, NC 28359

Ph: 910-272-0950
Fx: 910-671-0093
mail@salti-nc.com
www.salti-nc.com
 

SALTI's Chandlery - News, Alerts and Notices If you would like to submit an ALERT-NOTICE, please Contact Us. __________________________________________________________________ NEWS: News Release 2010-07-01 - SALTI now writes Commonwealth Land Title upon Lawyers Title being merged into it News Release 2009-03-18 - SALTI now writes Stewart Title _________________________________________________________ ALERTS & NOTICES: NOTICE 2012-07-11 Bank of America - Shortsale approval letters Memo (due to fraudulent approvals). Click on this link to read the memo [FNTG]. NOTICE 2012-07-02 Fidelity National Title Group (Chicago Title, Commonwealth & Fidelity National Title) underwriting mechanics liens now back as usual. Due to ratification of Senate Bill 42 (if signed into law, effective April 2013), and the continued due diligence of NC attorneys, FNTG will continued to give material and labor lien protection in pre-construction, ongoing or new construction situations. Click on this link to read the Open Letter in its entirety. NOTICE 2012-05-10 - Fidelity National Title Group (Chicago Title, Commonwealth & Fidelity National Title) Mechanics Lien Withdrawal Open Letter; effective June 15, 2012. Commonwealth notified all agents today that FNTG companies will soon no long give material and labor lien protection in pre-construction, ongoing or new construction situations due to high claims and no legislative solution. We have not received specific instructions on how this will be implemented but will keep you informed. Click on this link to read the Open Letter in its entirety. NOTICE 2012-02-20 New Premium Rates; effective March 1, 2012. Briefly, additional premium for Commitment issuance of $15; Simultaneous Issue charge of $25 for each Loan Policy; and residential only Endorsement premium of $20 each for ALTA 5, 8.1 & 9. Click on this link for the complete rates schedule. NOTICE 2010-09-01 New Premium Rates; effective Sept. 1, 2010 NOTICE 2010-07-06 - New Statute - Private Transfer Fee Prohibited; effective July 1, 2010 ALERT 2010-06-21 Counterfeit Official Checks in name of Mechanics & Farmers Bank, Durham, NC NOTICE 2009-09-29 - New Statute - Wills - Preparing Attorney limited as benefiicary and must show name on Will; effective January 1, 2010 ALERT 2009-08-13 Counterfeit Official Checks in name of First Bank, Tony, NC ALERT 2009-08-06 Taylor, Bean & Whitaker Mortgage Corporation ceases all loan operations ALERT 2008-08-05 Counterfeit Official Checks in name of Citizens South Bank, Gastonia, NC ALERT 2008-01-11 Counterfeit "Cashier's Checks" from New Century Bank South, Fayetteville, NC NOTICE 2007-10-19 - NC State Bar Notice and Mandatory IOLTA rule changes effective January 1, 2008 ALERT 2007-10-03 Counterfeit "Cashier's Checks" from Providence Bank, Rocky Mount, NC ALERT 2007-09-25 Don't accept "Taxpayer Copy" of Federal Tax Lien Release dated August 5, 2007 ALERT 2007-09-22 HSBC HOLDINGS shuts down DECISION ONE MORTGAGE NOTICE 2007-08-27 - New NCBA/NCAR Contract Forms effective July 1, 2007 ALERT 2007-08-20 GREENPOINT MORTGAGE (CAPITAL ONE FINANCIAL CORP.'s wholesale mortgage unit) has ceased residential mortgage originations ALERT 2007-08-16 FIRST MAGNUS FINANCIAL CORP. (and affiliate CHARTER FUNDING) is no longer funding any mortgage loans ALERT 2007-08-07 Helpful Information site on Imploding Lenders ALERT 2007-08-07 More Sub-Prime Lenders taking hits. AEGIS MORTGAGE CORPORATION/CERBERUS CAPITAL MANAGEMENT LP, NATIONAL CITY CORP., IMPAC MORTGAGE HOLDINGS, INC., HOMEBANC CORP. and ACCREDITED HOME LENDERS HOLDING CO. ALERT 2007-08-06 AMERICAN HOME MORTGAGE INVESTMENT CORP. has filed Chapter 11 Bankruptcy - Do Not disburs on its funds ALERT 2007-07-02 Counterfeit Checks from Greystone Bank, Raleigh, NC NOTICE 2007-06-26 - New Title Insurance Premium Rates effective July 1, 2007 NOTICE 2007-06-26.1 - New ALTA 2006 Policies available ALERT 2007-06-25 AEGIS LENDING CORPORATION effective June 20, 2007 is no longer funding residential loans - Verify your funds before disbursing ALERT 2007-01-04 MORTGAGE LENDERS NETWORK USA, INC. effective December 29, 2006 is no longer funding residential loans - Verify your funds before disbursing ALERT 2006-12-06 OWNIT MORTGAGE SOLUTIONS INC has defaulted in fundings - DO NOT disburse on its wire or check funds ALERT 2006-09-26 New Land Flip Schemes ALERT 2006-09-21 Counterfeit Checks from Southern Bank and Trust Company, Mount Olive, NC ALERT 2006-06-20 Counterfeit Checks from Carolina First Bank, Greenville, SC NOTICE 2006-06-13 - HUD Releases New Anti-Flipping Rules ALERT 2006-05-08 Counterfeit Offical Checks from Gateway Bank & Trust, Elizabeth City, NC ALERT 2006-02-28 Counterfeit Cashier's Checks from Conway National Bank, Conway, SC NOTICE - Federal Tax Liens & Criminal Judgments on Entirety Property

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