The Trusted Adviser


June 2012 | Volume 5 - Number 4

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Update from ATG Administration

ATG Advocates in Washington and at Home

Hank Shulruff photoThe title and settlement industry is once again in the crosshairs of rule makers in Washington, D.C., and ATG is hard at work protecting the interests of our members and the consumers we serve. In May, ATG joined members of the American Land Title Association (ALTA) in Washington, to lobby on behalf of the industry. Organized by ALTA's Government Affairs staff, ALTA members (including ATG representatives) met with more than 200 delegates and staffers in a single "lobby day."

It was a tremendous effort and a great example of the willingness of title professionals to put aside competitive differences and cooperate in advocating for the interests of the land title industry. Our two main concerns are efforts to modify the RESPA and TILA disclosures and efforts to reform or eliminate Fannie Mae and Freddie Mac. Read more...

Henry L. Shulruff
Senior Vice President - Business Development

ATG MEMBERS | Underwriters' Bulletin

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

Claims Corner

What is the Title Insurer’s Liability? — A title insurer’s liability to an insured is limited to the provisions set in the policy. Read more...

ATTORNEYS | Practice Notes

Real Estate and Title Insurance News

Transfer on Death Instruments: The Good and the Bad — A new planning tool for Illinois attorneys and their clients allows an individual to name a beneficiary of their residential real estate during their lifetime that will pass to a beneficiary at the owner's death. Read more...

Casenotes

Illinois

Mortgage Foreclosure: Metrobank v Cannatello — Notice by abode service is sufficient to enter a personal deficiency judgment against a defendant who does not appear in court. Read more...

Indiana

Rights of First Refusal: Ryan v Lawyers Title Insurance Corp — A purchase agreement granting a right of first refusal that was personal to the signatories to the agreement terminated at the death of the last surviving grantor of the right. Read more...

Wisconsin

Adverse Possession: Engel v Parker — Land owners whose property has been taken away by adverse possession cannot take legal title away from the adverse possessors simply by building a new fence on the old boundary line. Read more...

IN THE NEWS | ATG Assigned High FSR Rating by Demotech

ATG Maintains High Financial Stability Rating - Attorneys' Title Guaranty Fund, Inc. has been assigned a Financial Stability Rating® of A' (A Prime), Unsurpassed, from Demotech, Inc., an independent financial analysis firm — the highest rating given to any regional title insurer in the United States. Read more...

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

ATG logoRe-Activate your ATG Membership Has it been a while since you issued a policy? Are you ready to get started again? It's easy, and we can help. Make a small investment of time, start writing policies again, and add to your bottom line. Contact Member Services Representative Bob Dillow today!


ATG Legal Education logoAll CLE Programs FREE through June 30, 2012 As part of the launch of our new website, ATG is offering all of its CLE programs — live and OnDemand — at no charge to all attendees. You must be a registered site user to take our programs. See ATG Legal Education at www.atgf.com for details and our current program catalog.


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...

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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!


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.

Join Our Email List to receive 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: 6-27-12]