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.

Authority to Conduct Non-ATG Closings

01/13/2011 - 8:28am
Many members have asked about whether they can obtain CPLs for closings they conduct where ATG is not writing title insurance. ATG does not issue CPLs for any transactions where ATG is not insuring...

Illinois Closing Protection Letters

12/13/2010 - 8:28am
ATG SPECIAL BULLETIN December 13, 2010   Attention ATG Agents: Effective January 1, 2011 REMINDER: New Closing Protection Letters and Procedures for Illinois   EDITOR'S NOTE: This information was...

Mortgage Foreclosures and Deceased Mortgagors

08/18/2010 - 12:25pm
In the wake of ABN AMRO Mortgage Group, Inc v McGahan (see our July 2010 casenote), ATG has revised its underwriting guidelines for mortgage foreclosures. For all mortgage foreclosures filed after...

Indiana State Regulatory Fee

08/09/2009 - 12:00am
TO: ATG Indiana Members FROM: Jerry T. Gorman Senior Vice President – Downstate Operations DATE: August 9, 2006 RE: Title Insurance Enforcement Fund   Dear Indiana Members: The State of Indiana...

Acceptable Identification for the Purpose of Notarization

06/15/2009 - 9:28am
On June 1, 2009 changes to the Illinois Notary Act took effect. One section of the Act that has undergone significant change is section 6-102(d), the text of which follows. (d) A notary public has...

HUD Secretary Requires Payoff Letters for Home Equity Conversion Mortgages

02/18/2009 - 8:28am
  February 2009 Vol. 2, No. 2   Claims Corner Mortgages; Reverse Mortgages HUD Secretary Requires Payoff Letters for Home Equity Conversion Mortgages Reverse mortgages (also...

Judicial Sale: Vacating before the Confirmation

11/13/2008 - 2:03pm
The Illinois Mortgage Foreclosure Law, 735 ILCS 5/15-1101 et seq., strikes a balance between the competing interests of the mortgagee, mortgagor, and those who bid on foreclosed properties at...