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.
New Suggested Rates for the Chicago Area
08/06/2013 - 11:46am
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 (see...
Comprehensive Endorsement 1 Retired in Favor of ALTA 9.3 Endorsement
08/01/2013 - 8:00am
ATG has retired the Comprehensive Endorsement 1, ATG Form 2008. Instead, you are advised to issue the ALTA 9.3 Endorsement, Covenants, Conditions, and Restrictions – Loan Endorsement (ALTA 9.3-06)....
Best Practice #4 - Adopt Standard Real Estate Settlement Procedures
07/19/2013 - 1:15pm
See our article, Best Practice #4 - Adopt Standard Real Estate Settlement Procedures.
Procedural Best Practices: Policy and Premium Remittance Due by the Last Day of the Month Following Settlement
07/16/2013 - 3:07pm
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...
Title Tips for ATG REsource® Users: Update File Status in Order Entry
07/15/2013 - 9:08am
If you have a transaction in progress and it cancels, please take the time to cancel your file in REsource. Prior to conducting an audit, ATG’s auditors run a report of open REsource files. Upon...
City of Chicago Water Certification Payment Change
07/10/2013 - 10:39am
EFFECTIVE IMMEDIATELY: Due to a change in the City of Chicago Water Department’s procedures regarding online water certifications, ATG is only able to pay water certifications that were ordered by...
HUD's "Buyer Select" Program Raises Significant Issues for Real Estate Lawyers
06/27/2013 - 2:09pm
See our latest update on the HUD Buyer Select Program.
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