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.

Confirm Wire Instructions before Sending Funds

05/04/2017 - 5:22pm
See our REVISED post, Don't Fall Victim to Wire Fraud Schemes, updated May 4, 2017. New language on #2 confirms that a party should never use contact information supplied in an email they receive for...

Condominiums and Limited Common Element Parking Spaces

04/10/2017 - 3:31pm
Claims that arise in connection with policies that insured a limited common element (“L.C.E.”) parking space tend to be caused by errors on the parking space designation on the declaration or plat....

Claims Corner: FHA and HUD's Refusal to Accept Hold Harmless Letters

03/06/2017 - 1:00pm
ATG has had a sharp increase in the number of claims processed involving unreleased mortgages. The increased is related to lender’s counsel refusing to accept hold harmless letters for unreleased...

Claims Corner: Cook County 2015 Taxes, Are They Paid...Or Sold?

03/06/2017 - 12:55pm
The Cook County Treasurer recently announced the 2015 annual tax sale will begin April 3, 2017. The new tax sale date is earlier than it has been in the past. Please be aware that 2015 taxes shown as...

Cook County Tax Year 2015 Annual Tax Sale

02/09/2017 - 3:37pm
Please note that the Cook County Treasurer has scheduled the Annual Tax Sale earlier than in the past. Here are the dates to remember: Registration: Open February 10 through March 24, 2017 Deliquency...

Cook County - Corrective Recordings Update

02/09/2017 - 1:51pm
To date, the Cook County Recorder of Deeds (CCRD) has accepted previously recorded documents for what has often been referred to as "Re-recordings" in a multitude of ways with no consistent or...

Illinois PTAX-203 - Real Estate Transfer Declaration Fill-in Form Program Will Be Discontinued March 1, 2017

02/07/2017 - 5:03pm
Please process all remaining declarations before March 1, 2017, as the Fill-in Form Program will no longer be available after that date. If the county in which you are filing the property tax sales...