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.

Title Tips: Reviewing a Judgment and Lien Search
09/24/2014 - 3:50pm
During the review of the search documents, ATG member attorneys will encounter name searches known as Judgment and Lien Searches. The ATG Search Department runs each seller’s and buyer’s names. A...
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Real Estate Closings: Wired Funds and “Good Funds”
09/04/2014 - 10:40am
by Steven Walker, ATG Law Clerk Abby Financial Corp., a Massachusetts based mortgage banking firm, declared bankruptcy by filing a petition under chapter 11 on April 1, 1994. Kenneth Harney, When...
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Resolving Unclaimed Property in Illinois
08/27/2014 - 10:42am
What You Should Know about State Treasurer and ARDC Procedures EDITOR'S NOTE: ATG thanks Jerome Larkin, ARDC Administrator, for his contributions to this article. Many attorneys have real estate...
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“Blanket Exceptions” and Expedited Searches-- Wisconsin
07/16/2014 - 10:31am
On June 24, 2014, the Wisconsin Office of the Commissioner of Insurance sent a Bulletin Regarding Use of Blanket Exceptions in Consumer Title Insurance Policies to all Title Insurance Underwriters...
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The Buyer's Burden: FIRPTA Tax Withholding Requirements
06/17/2014 - 2:21pm
by John Gollwitzer, ATG Law Clerk; Privacy Concerns addition by Tania M.S. Stori, Senior Managing Attorney, ATG Underwriting Department This article originally published in the September 2002 issue...
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Reporting Requirements under the Uniform Disposition of Unclaimed Property Act

06/04/2014 - 2:40pm
By Steven Walker, ATG Law Clerk Most attorneys are familiar with the problem of the ouststanding uncashed check from a real estate closing or other representation. Many times a client, former client...
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MyDec Replaces EZ Dec
06/02/2014 - 3:51pm
HOT TOPICS: MyDec – New Illinois Transfer Declaration and Revenue Stamp System – Replaces EZ Dec APPLIES TO ALL TRANSACTIONS IN COOK COUNTY The Illinois Department of Revenue (IDOR) has a new website...
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