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.
Homeowner's Policy of Title Insurance Procedures for Indiana
06/17/2013 - 8:54am
ATG has adopted the American Land Title Association (ALTA) Homeowner's Policy of Title Insurance for a one-to-four family residence, as last revised by ALTA on 02-03-10, for use on transactions...
Title Tips: Recording Charges
06/06/2013 - 1:56pm
Collect the correct amount for recording charges for every document in every transaction—no party should ever be overcharged. In the event that too much is collected for recording charges, the...
Sandwiches, Scalia, and the ALTA 9 Endorsement
06/03/2013 - 8:48am
by Patrick Hicks, ATG Law Clerk
Is a burrito a sandwich?
It is a food that you eat with your hands and it is essentially meat and bread, but we commonly do not think of a burrito as a sandwich. Most...
Best Practice #2 - Adopt and Maintain Written Procedures and Controls for Escrow Trust Accounts
05/30/2013 - 9:25am
See our article, Best Practice #2 - Adopt and Maintain Written Procedures and Controls for Escrow Trust Accounts.
Claims Corner: Mortgage Payoff Claims - Their Causes and Solutions
05/10/2013 - 8:38am
EDITOR'S NOTE: This article originally appeared under Claims Corner in the October 2008 issue of the ATG Casenotes and Underwriters’ Bulletin.
The two most common mortgage payoff claims that ATG...
New Affidavit Charge in Cook County
05/09/2013 - 10:28am
EFFECTIVE IMMEDIATELY: There is a $2.00 affidavit charge for all exempt deeds being recorded with a Statement by Grantor/Grantee. This charge applies to Cook County transactions. For more information...
Title Tips: Choose a Property Type in ATG REsource®
05/06/2013 - 10:42am
Title insurance companies are required to collect information on the type of property being insured. Specifically, we are required to collect information on whether the property is residential or...
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