The Trusted Adviser


April 2013 | Volume 6 - Number 3

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Update from ATG Administration

Welcome New Indiana Members

ATG Growing in Indiana

Henry L. Shulruff photoWe are pleased to welcome many new Indiana agents to the ranks of the ATG membership. Over the last several months, ATG staff has had the pleasure of meeting and training a new class of ATG members, and a great class it is. We are excited about having the opportunity to work with so many qualified and experienced Indiana lawyers.

When the National Attorneys' Title Assurance Fund (NATAF) decided to voluntarily cease operations in Indiana, ATG — working with the Indiana Department of Insurance, NATAF, the Connecticut Attorneys Title Insurance Company, and Agents National Title Insurance Company — agreed to help effectuate a smooth transition and ensure little disruption in the day-to-day business of these title agents and their customers. Read more...

Henry L. Shulruff
ATG Senior Vice President - Business Development

ATG MEMBERS | Underwriters' Bulletin

This content is for members only. Consider joining — see Membership Benefits

Procedural Updates

Proceeds: Check-Writing Procedures for Closings — Nine scenarios to keep in mind.

New CPL Procedures for Wisconsin, Indiana, Michigan, and Iowa — ATG staff must issue all CPLs for closings completed on behalf of lenders for properties in Wisconsin, Indiana, Michigan, and Iowa.

Underwriters' Bulletin

Inter-Underwriter Indemnification Agreement — Learn when an exception can be waived without obtaining a hold harmless letter.

Witnessing Requirement on Statutory and Non-Statutory Powers of Attorney — ATG requires at least one witness and a notary public.

ATTORNEYS | Practice Notes

Casenotes

Federal
Bankruptcy; Mortgages: In re Crane (Federal) — Know when a mortgage may be sufficient to provide constructive notice to third parties.

Illinois
Easements: Chicago Title Land Trust Co v JS II, LLC (IL) — Interfering with use of properly established easements results in nominal and punitive damages.

Indiana
Contracts; Mortgages: Singleton v Fifth Third Bank (IN) — Order to wire payment on the due date not considered untimely.

Wisconsin
Mortgage Foreclosure: CSMC, Inc v Hoppa (WI) — Lenders who pay off first mortgages not necessarily equitably subrogated to first lien position.

IN THE NEWS | LFI Campaign a Success

Team ATG Overall Winner of Lawyers Feeding Illinois Campaign — The efforts of ATG, members, and staff raised $25,395.00 in funds and 732 pounds of food for the eight regional food banks in our state. Read more...

WHAT'S NEW | Trust, CLE, Process, and Auction Services

ATG Trust Company logoExchange Tax Dollars for Investment Dollars: Offer Starker Exchange Services to Your Clients ATG Trust Company can show you how to help your clients defer paying taxes on the gains earned from investment property and increase their wealth using tax-deferred dollars. Read more...

NOT A MEMBER YET? Learn about the benefits to you and your clients.

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ATG Legal Education logoSpring Seminars - Register Now!

5-1-13 | Welcome to ATG – Title Services Member Edition (Connect webcast)
5-15-13 | Wisconsin Underwriting Forum, Part 2 (Connect webcast)

See ATG Legal Education at www.atgf.com for our current program catalog. You must be a registered site user to take our programs. NOTE: Some seminars are member only.

 

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ATG LegalServe logoFAST AND FLEXIBLE: The Process Server Responsive to Your Needs Get the finest process serving available to lawyers today. Learn what the LegalServe Difference can make in your practice and place your order today!

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Auctions by ATG logoAuctions by ATG - Your REO Resource Your REO Resource - Auctions by ATG provides opportunities for clients on both sides of the transaction: Lenders and Servicers get a faster, more cost-effective platform to dispose of non-performing assets; Investors and Homebuyers get an exciting opportunity to purchase residential real estate at attractive prices. See current and upcoming auctions - Accepting post-auction bids on February 13 listings.

Join Our Email List to receive Property of the Week notices and updates on our auctions. You can bid in person or online. If you have questions, contact Operations Manager Mary Fran Gill, 312.752.1160.

[Last update: 4-25-13]