Underwriting News

Your source for the latest updates from the ATG Underwriting Department. ATG agents, sign-in above for access to a vast library of resources in the members-only Underwriting Index.


Building Code Violations

11/15/2012 - 3:05pm
ATG receives numerous claims each year relating to building code violations, many of which are denied. The basis for the denial is usually that no document has been recorded reflecting the building...

Water Certification Procedures - Update

11/13/2012 - 3:51pm
A Water Certification is required for all deeds being recorded even if you are recording two deeds for the same transaction. Read more about Water Certification Procedures. Questions? Contact Dan...

Transfer on Death Instrument - Underwriting Guidelines

10/17/2012 - 10:50am
EDITOR'S NOTE: This information is no longer current. Please see the Illinois Underwriting Guidelines, Chapter 8C-VI, Decedents' Estates: Transfer on Death Instruments. The Illinois Residential Real...

Unpaid Utility Bills – Water Bills

10/15/2012 - 10:43am
ATG frequently receives claims for unpaid utility bills. The majority of these claims are for unpaid water bills. These claims are especially prevalent in short sale transactions and transactions...

Title Tips: No CPLs When the Closing Is Not Done by ATG or an ATG Agent

10/09/2012 - 1:33pm
ATG does not issue a Closing Protection Letter (CPL) when the closing is not being conducted by ATG or an ATG issuing agent. To make sure that ATG’s records reflect that no CPL fees will be remitted...

A Closer Look at the CFPB’s Closing Disclosure

10/02/2012 - 4:45pm
By Alex Clark, ATG Law Clerk Introduction In the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), passed in 2010, Congress created the Consumer Financial Protection...

New Water Certification Procedures - Updated 11-13-12

09/07/2012 - 2:09pm
Effective immediately, ATG is using the City of Chicago Water Department’s electronic water management system to obtain Water Certifications, which are required on all City of Chicago properties. We...

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