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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