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May 2019 | Volume 12 - Number 5

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Title Insurance Legislation and Regulation: Preserving the Vital Role of Attorneys for the Benefit of the Public

Update on Senate Bill 1317

Peter J. Birnbaum photoSenate Bill 1317 (the Bill) passed the Senate and is now in the House where interested parties are working to amend the Bill to provide clarity where ambiguities exist and to ensure that the interests of their constituents are met. ATG is there, as we always have been, representing the long-term interests of real estate lawyers and the clients they serve. We are working diligently to ensure the Bill adequately protects those interests.

I was in Springfield yesterday and I can personally assure you that Senate Sponsor Don Harmon and House Sponsor Camille Lilly are committed to crafting an agreement that protects consumers and promotes competition.

Also, the IDFPR, under the leadership of newly-appointed Secretary Deborah Hagan and Financial Institutions Director Francisco Menchaca, is deeply engaged in this process in proactive ways we have not seen in prior administrations. Read more...

Peter J. Birnbaum
ATG President and Chief Executive Officer

ATTORNEYS | Practice Notes

URGENT WIRE FRAUD REMINDER: Confirm Wire Instructions before Sending Funds — Including when transmitting funds to the closing agent and making payoffs of mortgage loans.

Real Estate and Title Insurance News

Status of Microfilm at Cook County Recorder of Deeds

REMINDER - Effective May 20, 2019: Cook County Changing to Predictable Fee Schedule


OnDemand Spotlight | Practical Ways to Protect against Fraud and Cyber Threats
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Memorial Day | ATG offices will be closed May 27 — see our 2019 corporate holiday calendar.
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ATG Advocacy in Action | Your voice in the legislature — read about recent and past events, initiatives, and more.
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Free Flyers for Real Estate Professionals | Distribute to clients and staff to help prevent fraud.
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Back to Basics, Part 3: Closing Documents | May 8 | OnLine | 1.50 MCLE in Illinois | Review basic documents and procedures essential for efficient closings with experienced ATG underwriting attorneys. Who Should Attend: ATG Illinois member agents and their support staff. Details/Register Now (account required).

Estate Planning from a Litigator's Perspective | May 22 | OnLine | 1.50 MCLE in Illinois (1.50 CLE applied for in Wisconsin) | Examine actual estate planning and administration issues from the viewpoint of the litigator and learn ways to help keep your clients and their families out of the courtroom. An ATG Trust Company program. Who Should Attend: ATG agents; estate planning attorneys in Illinois and Wisconsin. Details/Register Now (account required).

Preparing the ALTA Settlement Statement for Wisconsin Transactions | May 23 | OnLine | 1.50 CLE applied for in Wisconsin | Learn how to properly calculate figures and more to ensure a smooth and successful closing. Who Should Attend: ATG Wisconsin agents and their support staff; Wisconsin real estate attorneys and their support staff; law students. Details/Register Now (account required).

See the full ATG Legal Education calendar.


ATG Trust Company logoWhat Is ATG Trust Company? ATG Trust is an independent trust company established in 1998 with a mission to provide creative, collaborative, and committed trust and estate administration to advisors and their clients. See our brochure for a list of services and answers to frequently asked questions. Visit our website to learn more about us. Feel free to contact a trust associate if you have questions.

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[Last update: 5-3-19]