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.

Transfer on Death Instrument: Advantages and Disadvantages
09/21/2011 - 9:23am
The newly enacted Illinois Residential Real Property Transfer on Death Instrument Act authorizes another way to transfer real property, starting on January 1, 2012. PA 97-0555, HB 1153. The transfer...
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Prevent Claims: Follow these Eleven Tips
09/19/2011 - 9:17am
ATG legal staff reviews claims at regular intervals. Based on our experience, we put together the following tips to help members avoid claims: Document files as much as possible. This is especially...
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Predatory Lending Resource
08/30/2011 - 9:28am
Articles and Memos 8-30-11: Compliance with Predatory Lending Database Act | The Predatory Lending Database Act is a part of the Residential Real Property Disclosure Act; it requires that for...
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Check Fraud - There's an App for That
08/25/2011 - 11:22am
Dear ATG Agent: A new check fraud scam has appeared that could cause significant losses to unprepared title agents. This new scam involves the latest and greatest technology advance of using one's...
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Attorneys Must Comply With New Trust Account Rules
07/22/2011 - 12:14pm
Effective Date: September 1, 2011 The Illinois Supreme Court has approved new trust account rules, effective September 1, 2011, by amending Rule 1.15 of the Illinois Rules of Professional Conduct...
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The Impact of Amendments to IRPC 1.15: A Lawyer's Obligation to Manage and Protect Client Funds
07/22/2011 - 11:44am
EFFECTIVE SEPTEMBER 1, 2011 On July 1, 2011, the Supreme Court of Illinois announced amendments to Rule 1.15 of the Illinois Rules of Professional Conduct (IRPC) regarding a lawyer's obligation...
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Negligent Misrepresentation for Title Abstracters
07/13/2011 - 11:59am
In U.S. Bank, N.A. v Integrity Land Title Corp., 929 NE2d 742 (Ind., 2010), the Indiana Supreme Court recognized the tort of negligent misrepresentation where a title company's commitment failed to...
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