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.

In re Pisula

10/17/2011 - 9:58am
In re Pisula, 09 CH 13 (ARDC Hearing Board, May 16, 2011), M R 24722 (Ill S Ct, Sept. 26, 2011). Search the IARDC site for the Opinion. Facts: Joseph Pisula is an Illinois attorney who from 1989 to...

Title Agents and Rule 1.15

10/17/2011 - 9:52am
Just last month, the Illinois Supreme Court revised Rule 1.15 of the Illinois Rules of Professional Conduct, causing real estate attorneys to re-consider the setup and maintenance of their closing...

Transfer on Death Instrument Act

09/21/2011 - 9:45am
PA 97-0555, House Bill 1153. New Act 755 ILCS 27/et seq. Effective Date: January 1, 2012. Illinois has a new law called the Illinois Residential Real Property Transfer on Death Instrument Act. This...

Transfer on Death Instrument: Advantages and Disadvantages

09/21/2011 - 9:23am
The newly enacted Illinois Residential Real Property Transfer on Death Instrument Act authorizes another way to transfer real property, starting on January 1, 2012. PA 97-0555, HB 1153. The transfer...

Prevent Claims: Follow these Eleven Tips

09/19/2011 - 9:17am
ATG legal staff reviews claims at regular intervals. Based on our experience, we put together the following tips to help members avoid claims: Document files as much as possible. This is especially...

Predatory Lending Resource

08/30/2011 - 9:28am
Articles and Memos 8-30-11: Compliance with Predatory Lending Database Act | The Predatory Lending Database Act is a part of the Residential Real Property Disclosure Act; it requires that for...

Check Fraud - There's an App for That

08/25/2011 - 11:22am
Dear ATG Agent: A new check fraud scam has appeared that could cause significant losses to unprepared title agents. This new scam involves the latest and greatest technology advance of using one's...