(logo) Attorneys' Title Guaranty Fund Inc.

February-March 2018 | Volume 11 - Number 2

Some content is password-protected for ATG member agents only. Not an ATG agent? Apply today!

IDFPR to Hold Second Town Hall Meeting on Title Agent Compensation

In January, the Illinois Department of Financial and Professional Regulation (IDFPR) held a Town Hall Meeting to discuss its Proposed Regulatory Guidance on Title Agent Compensation. As we reported in the January issue of The Trusted Adviser, there was a disturbing undercurrent of lawyer-bashing at the first meeting, which was attended mostly by underwriters. Ironically, underwriters and agent representatives alike blamed lawyers for the compensation programs, which the IDFPR believes may violate State and Federal law. We pointed out that it is unfair and inaccurate to blame lawyers for the agent compensation schemes created by some title underwriters and some service companies. Read more...

Henry L. Shulruff
ATG Senior Vice President - Business Development

ATG MEMBER AGENTS | Underwriters' Bulletin

Procedural Updates

ILAPLD System Update — Changes affecting ATG agents who close transactions and prepare the Certificate of Exemption or Certificate of Compliance in Cook, Kane, Peoria, and Will Counties.

Effective March 15: New March 2018 Chicago-Area Suggested Rates — Applies to closings in Cook, DuPage, Grundy, Kane, Kendall, Lake, McHenry, and Will Counties.

Effective Immediately: New Commitment Forms Now Available in ATG REsource

ATG Implements New ALTA Commitment (2016) Form

ATTORNEYS | Practice Notes

Real Estate and Title News

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

NEWS

FREE March 3 CLE Program | Illinois real estate transactions for real estate professionals.

March 6 ATG Special CLE Event | CLE on Tap: Cybersecurity Risk Management for Real Estate Professionals

IBF Lawyers Rock Fundraiser | Peter Birnbaum's band The Thornes to perform March 8.

New Partnership | ATG LegalServe joined with File & ServeXpress to provide expanded services for Illinois filers.

Follow ATG on LinkedIn | Keep up with news and views.

ATG SUBSIDIARIES

Navigating an Illinois Real Estate Transaction | March 3 | Chicago-Kent College of Law | 5.00 MCLE in Illinois (1.00 PR applied for) | Join our team of experienced real estate practitioners as they navigate you through a typical Illinois real estate transaction explaining each stage from start to finish. Who Should Attend: New attorneys starting a real estate practice; law students who intend to practice real estate law; real estate attorneys who desire a refresher; and new employees in real estate practices. Learn more (account required).

What 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.

FAST AND FLEXIBLE: The Process Server Responsive to Your Needs — Explore our new website and learn about the difference we can make in your practice. Place your order today! Find us with Google Plus.

About ATG | Contact Us | ORDER TITLE NOW

[Last update: 2-27-18]