Underwriting News

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Title Tips: Review Your Commitment Early and Order Hold Harmless Letters Right Away
08/07/2013 - 4:27pm
Many Hold Harmless Departments at other title companies now have a minimum turnaround time of one and one half weeks to issue a Hold Harmless Letter—and it sometimes takes substantially longer....
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New Suggested Rates for the Chicago Area
08/06/2013 - 11:46am
APPLIES TO CLOSINGS IN COOK, DUPAGE, GRUNDY, KANE, KENDALL, LAKE, McHENRY, AND WILL COUNTIES ATG announces a revised Suggested Rate Card for Chicago-area transactions. The new premium rates (see...
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Comprehensive Endorsement 1 Retired in Favor of ALTA 9.3 Endorsement
08/01/2013 - 8:00am
ATG has retired the Comprehensive Endorsement 1, ATG Form 2008. Instead, you are advised to issue the ALTA 9.3 Endorsement, Covenants, Conditions, and Restrictions – Loan Endorsement (ALTA 9.3-06)....
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Best Practice #4 - Adopt Standard Real Estate Settlement Procedures
07/19/2013 - 1:15pm
See our article, Best Practice #4 - Adopt Standard Real Estate Settlement Procedures.
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Procedural Best Practices: Policy and Premium Remittance Due by the Last Day of the Month Following Settlement
07/16/2013 - 3:07pm
Best Practice #5: Adopt and maintain written procedures related to title policy production, delivery, reporting and premium remittance. To conform to ALTA’s Best Practices, ATG is changing its...
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Title Tips for ATG REsource® Users: Update File Status in Order Entry
07/15/2013 - 9:08am
If you have a transaction in progress and it cancels, please take the time to cancel your file in REsource. Prior to conducting an audit, ATG’s auditors run a report of open REsource files. Upon...
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City of Chicago Water Certification Payment Change
07/10/2013 - 10:39am
EFFECTIVE IMMEDIATELY: Due to a change in the City of Chicago Water Department’s procedures regarding online water certifications, ATG is only able to pay water certifications that were ordered by...
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