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.

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...

Attorneys Must Comply With New Trust Account Rules

07/22/2011 - 12:14pm
Effective Date: September 1, 2011 The Illinois Supreme Court has approved new trust account rules, effective September 1, 2011, by amending Rule 1.15 of the Illinois Rules of Professional Conduct...