April 2014 | Volume 7 - Number 4
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Update from ATG Administration
Five Ways to Reduce Exposure to Wire Fraud
How to Protect Your Client and Your Practice
Incidences of fraudulent wire transfers are on the rise. Several ATG agents have had their systems attacked, but were able to detect it before their systems were compromised. Upgraded vigilance is necessary to protect your escrow accounts from attack. We recommend ATG agents take the following precautions. Read more...
NEW: Email Wire Fraud Scheme Warning
Ron Trubiana
ATG Senior Vice President and Chief Financial Officer
HOT TOPIC | Major Online Threat
Security Alert: Heartbleed Bug — A newly discovered security bug nicknamed "Heartbleed" has reportedly exposed sensitive data from many websites. The bug can scrape a server's memory where sensitive user data is stored, including private data such as usernames, passwords, and credit card numbers.
ATG MEMBERS | Underwriters' Bulletin
Procedural Updates
ATTN MEMBER AGENTS IN ALL STATES: Authorization to Issue over $3 Million — Agents must have prior approval from ATG to issue policies when the liability reaches this level.
Title Tips
Avoid Adding Affirmative Language to Schedule B
New Website Feature: ATG Member Forum
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ATTORNEYS | Practice Notes
Casenotes
Illinois
Real Estate Taxes; Tax Deeds: In re Application of the County Treasurer — Tax purchaser must provide a correct Section 22-5 notice with expiration for the period of redemption, which may not end on a weekend or holiday.
Indiana
Mortgage Foreclosure: Buchanan v HSBC Mortgage Servs, Inc — Assignment of a note is valid despite blank and undated allonge.
Wisconsin
Real Estate Taxes; Tax Deeds: County of Milwaukee v List of Tax Liens for 2011 #1 — County prevailed when it properly followed all of the statutory procedures to foreclose on its real estate property tax lien.
IN THE NEWS | Practice Notes
ATG Announces New Wisconsin Title Operations Manager
We are pleased to announce that Elisa M. Ruer has joined us as Title Operations Manager in our office in Waukesha, Wisconsin. Elisa will coordinate workflow, manage Wisconsin REsource escrow accounts, conduct closings, and manage title files. Read more...
WHAT'S NEW | Trust, CLE, Process, and Auction Services
Trust Client Brochure — ATG Trust Company provides a brochure promoting its client services, including implementing estate plans, asset protection, and trust administration.
ATG TRUST MEMBERS: Use this excellent marketing tool to introduce ATG Trust Company to your clients. Contact us at info@atgtrust.com or 312.338.7878 with your copy order or your questions.
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5-7-2014: The New Real Estate Closing Process: CFPB Rule Explained (1.50 MCLE in IL; 1.50 CLE applied for in WI)
We also have more than 30 OnDemand recorded webcasts available 24/7, including Ethics/Professional Responsibility hours. JUST ADDED: Searching, Liens, and Statutes of Limitation
See our Program Catalog for the full list. You must be logged in to see all the programs you have access to.
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FAST AND FLEXIBLE: The Process Server Responsive to Your Needs — Get the finest process serving available to lawyers today. Learn what the LegalServe Difference can make in your practice and place your order today! Find us with Google Plus.
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Auctions by ATG – Your Commercial and Residential Property Auction Resource — Auctions by ATG provides professional and effective live and online real estate auction services. Sellers and buyers of all types of commercial and residential property benefit from our totally transparent auction process, superior online bidding service, and attractive pricing model. Our extensive targeted marketing often leads to pre-auction sales that close in 30 days or less.
Join Our Email List to receive Auction Property of the Week notices and updates on our auctions.
Visit our new website at www.auctionsbyatg.com for more details. If you have questions, contact Operations Manager Mary Fran Gill, 312.752.1160. Follow us on Facebook and Twitter.
[Last update: 4-30-14]
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