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 Wisconsin Construction Escrow Forms
08/28/2012 - 9:28am
NOTE: For in-depth information on this topic, attend our online seminar October 18, 2012, and earn 1.5 hours of CLE: Construction Liens and Disbursing in Wisconsin
WISCONSIN UNDERWRITING BULLETIN...
Commercial Department at ATG Can Offer More Competitive Rates
08/24/2012 - 3:19pm
All members who have an order above one million dollars should contact ATG’s Commercial Department for a lower rate bid on these transactions. The Commercial Department can assist members by...
EZ DEC and Revenue Stamps for Cook County Transactions
07/27/2012 - 12:00am
EFFECTIVE IMMEDIATELY
ATTN ATG Members and Closers: We have just been informed that as of today, July 27, 2012, there is no money in the stamp machines for State, County, and City stamps....
CALL TO ACTION: CFPB Releases Closing Disclosure Form - Review/Submit Comments by 11.6.12
07/20/2012 - 10:26am
Options within the CFPB’s Proposed Closing Disclosure form could potentially displace title insurance agents from our role in the closing process.
The Consumer Financial Protection Bureau (CFPB)...
Bankruptcy Court Voids Mortgage for Failure to Include an Interest Rate
07/13/2012 - 9:44am
In re Crane, BR 11-90592, 2012 WL 1155738 (Bankr. C.D. Ill. Apr. 5, 2012); on appeal as, The Gifford State Bank v Richardson, 12-CV-21146 (C. D. Ill.).
Summary: Mortgages are avoidable in bankruptcy...
Hold Harmless Letters: What They Mean for Claims Administration
07/06/2012 - 4:38pm
A hold harmless letter is an indemnity agreement between two title insurance underwriters wherein, one underwriter agrees to indemnify the other for any claim that may arise out of a particular title...
The Insured Must Provide a Proof of Loss for a Claim
06/20/2012 - 3:06pm
Once a title company has admitted liability to an insured for a matter covered under the Owner’s Policy of Title Insurance (“policy”), the title company will commonly ask the insured for a proof of...
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