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.

Claims Corner - Making Sure the House is on the Insured Land

08/09/2017 - 2:18pm
Recently, Attorneys' Title Guaranty Fund, Inc. has seen an increase in the number of claims caused by an improvement, which was intended to be conveyed through a real estate transaction not being...

McHenry County Exemption Requirement Effective September 1, 2017

08/03/2017 - 3:41pm
ATTN Member Agents Doing Transactions in McHenry County, Illinois We received the following notice from the McHenry County Recorder's Office: Effective September 1, 2017, the accompanying document...

CFPB on Wire Fraud, Final TRID Amendments

07/10/2017 - 9:38am
EDITOR'S NOTE: ATG is reposting the American Land Title Association (ALTA) notice about two important items that the Consumer Financial Protection Bureau (CFPB) published Friday, July 7, 2017....

An “As Is” Provision in the Sales Contract Does Not Trigger Exclusion 3(a) under the Policy

06/02/2017 - 11:17am
In many sales contracts, the seller may include a provision that the property is being sold “as is” without any warranties or representations as to conformity with building code requirements. While...

Criminals Have a New Target for Wire Transfer Fraud

05/25/2017 - 11:03am
And the Cheat Goes On... by Gregory J. Miely, ATG Senior Underwriting Manager and Corporate Counsel IMPORTANT: Verify Payoff Statements and Wire Transfer Instructions with the Lender before...

Recording Problems: “Legal Description Attached” … Or Is It? - Update

05/12/2017 - 2:34pm
Recording Problems: “Legal Description Attached” … Or Is It? -- Update Recently, foreclosing lenders have begun adding reformation counts to foreclosure proceedings in order to correct the legal...

Title Indemnity Agreements - Update

05/12/2017 - 2:31pm
Title Indemnity Agreements-Update  To prevent confusion after a closing, please fill out ATG Form 3011-A: Personal Undertaking with Title Indemnity Deposit Agreement - Member correctly and completely...