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 Approval Standards for Construction Escrow Disbursement
06/20/2012 - 8:51am
ATTN: ATG Members
ATG Regulation No. 5: Special Title Procedures for Construction Loan Escrows, Revised June 23, 2010 Provides:
An ATG member shall not establish or administer a construction loan...
CPLs and Bifurcated Transactions
06/20/2012 - 12:00am
ATG’s Closing Protection Letter (CPL) ordering and delivery system for Illinois and Indiana transactions presumes that the closing will be conducted by the same ATG title insurance agent as who...
What is the Title Insurer’s Liability?
05/22/2012 - 1:35pm
There is a lot of misconception as to what a title insurer’s liability is to an insured. A title insurer’s liability is limited to the policy. When an attorney submits a claim, the policy jacket...
Ethics Alert: Loan Modification Scammers Recruiting Lawyers
05/08/2012 - 2:15pm
ARDC Notice: May 7, 2012 | Lawyers, particularly sole and small firm practitioners, are increasingly becoming the target of loan modification scammers seeking to recruit lawyers in an effort to...
Administrative Cases in the Chain of Title
04/23/2012 - 1:08pm
July 2009
Vol. 2, No. 7
Claims Corner
Chain of Title
Administrative Cases in the Chain of Title
In general, title insurance does not provide coverage for violations...
New Website Launch
04/11/2012 - 11:02am
After months of planning and lots of valuable input from ATG members and other users---the new website is up and running. Check out the new features and layout, and don't hesitate to give feedback....
Illinois Legislation Requires Lenders to Respond to Short Sale Requests within Ninety Days
03/21/2012 - 9:54am
by Karen G. Courtney, Managing Attorney, ATG Short Sale Coordination
The short sale process is complicated and lengthy. Distressed homeowners often experience frustration with the short sale...
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