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.

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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Procedural Best Practices: Issue Policies within 30 Days of Closing
05/15/2014 - 10:33am
Best Practice #5: Adopt and maintain written procedures related to title policy production, delivery, reporting and premium remittance. To conform to ALTA’s Best Practices, ATG is changing its policy...
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Title Tips: Closing Checklist for When the Client is Not Attending

05/07/2014 - 1:53pm
From time to time, attorneys have a client or clients who will not be present at the closing. This checklist will focus on a few of the major items that will be required when the client is absent at...
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New Suggested Rates for the Chicago Area
04/23/2014 - 11:25am
APPLIES TO CLOSINGS IN COOK, DUPAGE, GRUNDY, KANE, KENDALL, LAKE, McHENRY, AND WILL COUNTIES ATG announces a revised Suggested Rate Card for Chicago-area transactions. The new premium rates are...
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Security Alert: Heartbleed Bug
04/10/2014 - 3:52pm
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...
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Title Tips: Comprehensive Endorsement or Extended Coverage?
04/07/2014 - 2:34pm
As a reminder to ATG members, comprehensive endorsement and extended coverage are two different types of coverage on the policies. Sometimes, lenders get the two different coverages confused....
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