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.


Common Trust Problems and Solutions

11/04/2013 - 4:51pm
This article will look at four common problems that occur regarding trusts under Illinois law. First, what happens in a situation where a deed is granted to a trust instead of to a trustee? Second,...

Title Tips: Searching for Lenders

11/04/2013 - 8:00am
You may have transactions from time to time where an open mortgage on title was made to a lender that is no longer in business. In those cases, you must find out what became of that lender’s...

Hold Harmless Requests

11/04/2013 - 8:00am
This article outlines the procedures for requesting that hold harmless letters be obtained or issued for ATG commitments and policies. A hold harmless letter is an agreement in letter form given by...

Consumer’s Right of Rescission in Credit Transactions

10/09/2013 - 3:04pm
By Yeji Suh, ATG Law Clerk Introduction The right of rescission in credit transactions is a powerful tool granted to the consumer under federal law. The rescission provisions of Regulation Z, the...

Title Tips: Delinquent Water Bills

10/08/2013 - 8:50am
Delinquent water bills pose ongoing challenges in real estate transactions. A municipality or county must record a lien to collect payment for delinquent water charges from a new owner. For a...

Will County Recording Fees Increasing Effective November 4, 2013

09/27/2013 - 1:14pm
PROCEDURAL UPDATE: Will County Recording Fee Increase TO: ATG Member Agents FROM: ATG Search Department DATE: September 27, 2013 EFFECTIVE DATE: November 4, 2013 We...

Best Practice #7 - Adopt and Maintain Procedures for Resolving Consumer Complaints

09/10/2013 - 10:56am
Please see our article, Best Practice #7 - Adopt and Maintain Procedures for Resolving Consumer Complaints.

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