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.

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...

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...

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...

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...

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...

Civil Union Act

06/28/2011 - 12:22pm
PA 96-1513 (SB 1716), Illinois Religious Freedom Protection and Civil Union Act, 750 ILCS 75/1–90 (2011), Effective Date: June 1, 2011 Illinois enacted new legislation that legalizes civil unions...

Civil Unions: Impact on Real Estate

06/28/2011 - 12:14pm
The Impact of Civil Unions on Real Estate The Illinois Religious Freedom Protection and Civil Union Act (Civil Union Act or Act), 750 ILCS 75/1, et seq., was signed into law on January 31, 2011, by...