Daily Archives: June 12, 2016

Memo to Trump: Nancy Reagan is a descendant of Pocahontas

Surprise, surprise..

Donald Trump has been on a tear in his rallies, in the media, and on Twitter calling Senator Elizabeth Warren “Pocahontas.” He certainly never did his homework to find out the late Nancy Reagan was a descendant of Pocahontas. From Wikipedia:

Two descendants of Pocahontas have become First Ladies of the United States, Edith Wilson and Nancy Reagan.

And there is more:

At age 22, Pocahontas, became gravely ill and died.  It was Thomas, her only child that began the lineage of Pocahontas descendants, including the First Families of Virginia, First Ladies Edith Wilson and Nancy Reagan, and astronomer Percival Lowell.

 

Undocumented immigrants pay billions in state and local taxes: study

Immigration reform is an especially contentious issue in this election cycle. But one nonprofit is hoping to set the record straight about at least one aspect of undocumented immigrants: According to a report by The Institute on Taxation and Economic Policy (ITEP), undocumented immigrants pay state and local taxes like any other American citizen.

The non-partisan research organization, updated its study, “Undocumented Immigrants’ State & Local Tax Contributions,” and researchers found that undocumented immigrants in the US pay an estimated $11.64 billion in state and local taxes annually.

“The best evidence suggests that at least 50% of undocumented immigrant households currently file income tax returns using Individual Tax Identification Numbers (ITINs), and many who do not file income tax returns still have taxes deducted from their paychecks,” the report says. (As of 2013, there are 11 million undocumented immigrants living in the US.) Included in their near $12 billion in state and local taxes contribution, around $6.9 billion comes from sales and excise taxes, $3.6 billion from property taxes and $1.1 billion from personal income taxes.

Undocumented immigrants in the US pay on average an estimated 8% of their incomes in state and local taxes – compare that to the top 1% of taxpayers who pay an average effective tax rate of 5.4%, according to the report.

A more interesting find was that if all of the undocumented immigrants were granted legal status, allowing them to work legally, their respective state and local tax contributions would increase by around $2.1 billion a year while their nationwide tax rate would increase to 8.6%.

Read on.

FRAUDCLOSURE: SELECT PORTFOLIO SERVICING HELP WANTED – CHAIN OF TITLE SPECIALIST

Here we go again…

Salt Lake City, UT, US

Job Description:

Job Summary: Provides assistance in demonstrating the Investor has the appropriate legal authority to initiate actions through a complete Chain of Title, by recognizing and preparing the required documents to complete the Note with applicable Endorsements, along with any Assignments and other necessary legal documents. Can work independently with the Investor, Client, Custodian, and Attorney Network to resolve any document exceptions in a professional and timely manner.
________________________________________
Principal Duties:
1. Facilitates document requests in a timely manner
2. Comprehensive understanding of proving up all Chain of Title requirements
3. Resolves document exceptions through collaborative efforts with areas outside the Department
4. Conducts training for new and existing employees
5. Assist in gathering required documents for all audits

Minimum Qualifications:
1. Detail oriented
2. Document processing experience
3. Excellent written and verbal communication skills
4. Ability to lift boxes weighing 25 lbs
5. Proficient in Microsoft Office (Excel and Word)

Preferred Qualifications:
1. Experience in Loan Servicing, with emphasis in Bankruptcy and Foreclosure
2. Timeline management
3. Operating imaging hardware/software
4. Records Management
5. Experience with Microsoft Office tools (Access and SQL)

Select Portfolio Servicing an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

SOURCE: https://www5.recruitingcenter.net/Clients/SPS/PublicJobs/controller.cfm?jbaction=JobProfile&Job_Id=14095

OCWEN: COUPLE ALLEGES THEY WERE CHARGED FOR DEBTS THEY DO NOT OWE

SMH….

GRETNA – A couple is seeking damages, claiming that they were fraudulently instructed to pay an amount they did not owe, as well as having property seized.

Warren J. Deemer and Mary Gilardi Deemer filed a suit against Deutsche Bank National Trust Co., as trustee for Argent Securities Inc., asset backed pass through certificates, series 2006-MI, and Ocwen Loan Servicing LLC in the 24th Judicial District Court on May 12.

According to the claim, the plaintiffs received a letter from Ocwen on March 12, 2013, in which they were purportedly informed of a balance that they owed of more than $93,000. The suit states, though, that the plaintiffs were never owing of such a balance, and that they in fact were owed more than $600 in credit from the defendant. Due to the false action of the defendant, the plaintiff’s property was purportedly seized.

More here…