Unveiling Mortgage Fraud: The SN Servicing Scandal

In a distressing tale that highlights the perilous pitfalls within the mortgage servicing industry, a homeowner’s experience with SN Servicing Corporation (SNSC) has revealed a grave injustice. This account is not just a singular case but a window into what appears to be a systematic issue of neglect and malfeasance, demanding immediate attention and action from all SNSC customers.

The Ordeal

In 2021, a homeowner’s mortgage was acquired by SNSC. Over the following three years, despite making over $46,000 in payments, the homeowner noticed that none of these payments were reflected in their account. Repeated inquiries and pleas for correction were met with silence from SNSC. This blatant disregard continued unabated, with SNSC failing to respond to any communication attempts, leaving the homeowner in a state of financial limbo and emotional turmoil.

The Turning Point

Faced with such blatant neglect, the homeowner made a tough decision: to stop making further payments until SNSC addressed the issue. Rather than rectifying their mistake, SNSC escalated the situation by filing for foreclosure, despite having over 400 pages of bank statements proving the payments had been made. This unconscionable act further compounded the homeowner’s distress, as SNSC continued to impose late fees and legal fees, adding insult to injury.

The Fight for Justice

Determined to protect their home and the $360,000 equity they had built, the homeowner was forced to spend an additional $30,000 on a lawsuit and injunction against SNSC. This battle for justice was not just about the money but about standing up against a powerful corporation attempting to bulldoze an innocent homeowner through sheer negligence and abuse of power.

A Pattern of Misconduct

Unfortunately, this case is not an isolated incident. Reports of similar experiences with SNSC have surfaced, where homeowners have been bullied and defrauded, often unable to afford the legal recourse required to defend their homes. This pattern of misconduct reveals a disturbing trend within SNSC’s operations, suggesting a systematic approach to exploiting homeowners’ vulnerabilities.

Call to Action

If you are a customer of SN Servicing Corporation, it is imperative to audit your mortgage statements meticulously. Ensure that all your payments are being accurately recorded and reflected in your account. Do not hesitate to demand transparency and accountability from SNSC. Your home is not just a financial asset but a place of security and stability for you and your family.

Should you encounter any discrepancies, act immediately. Gather all your payment records, communicate in writing, and seek legal counsel if necessary. Collective vigilance and proactive measures can safeguard your interests and prevent further injustices.

Conclusion

The story of this homeowner’s struggle against SN Servicing Corporation underscores the critical need for reform and oversight in the mortgage servicing industry. It is a stark reminder that homeowners must remain vigilant and assertive in protecting their rights. The fight against mortgage fraud is ongoing, and it requires a united front to demand the integrity and fairness that every homeowner deserves.

SNSC's Negligence in Protecting Consumer Information and Questionable Hiring Practices

In a disturbing revelation, SN Servicing Corporation (SNSC) has once again shown a blatant disregard for consumer protection. Recently, a $900,000 class-action settlement was reached due to a significant breach of their system, compromising the personal information of countless customers. SNSC’s failure to act swiftly to mitigate the damage further illustrates their wanton negligence in safeguarding sensitive data.

The Breach and Aftermath

The breach exposed critical personal information, leaving customers vulnerable to identity theft and financial fraud. Despite the severity of the compromise, SNSC’s response was lethargic and insufficient. Instead of taking immediate and robust action to protect their customers, they delayed, allowing further potential harm. This lack of urgency underscores a deeper issue within SNSC’s operational protocols and commitment to consumer protection.

Questionable Hiring Practices

Adding insult to injury, SNSC’s hiring practices have also come under intense scrutiny. A particularly egregious example is the employment and promotion of a former disgraced IRS Agent, Ms. Yorks. Indicted by a grand jury for filing false tax returns and stealing Social Security numbers to file fraudulent tax claims, Ms. Yorks’ past is marred by crimes of moral turpitude against American taxpayers. Despite this, SNSC not only hired her but promoted her to Vice President, granting her access to the personal information of thousands of customers.

Ms. Yorks’ Role and Hypocrisy

Ms. Yorks’ role at SNSC extended beyond administrative duties. She was frequently called upon to testify in court regarding customer accounts, where she often condemned and accused SN customers of behaviors strikingly similar to her own criminal past. The irony and hypocrisy of these actions are palpable. Her involvement in such capacities calls into question the integrity and judgment of SNSC’s leadership.

A Clear Pattern of Poor Judgment

The hiring of Ms. Yorks, coupled with the mishandling of the data breach, paints a troubling picture of SNSC’s corporate culture. It suggests a pattern of poor judgment and a disregard for the ethical standards necessary to protect consumers. The willingness to place someone with a criminal history in a position of trust over sensitive customer information is indicative of a deeper systemic problem within the company.

Call to Action

For all customers of SN Servicing Corporation, it is imperative to remain vigilant. Regularly monitor your financial accounts for any suspicious activity and take proactive steps to protect your personal information. If you have concerns about how your data is being handled, do not hesitate to seek legal counsel.

Moreover, this situation highlights the need for stricter regulatory oversight and higher standards in the hiring practices of companies handling sensitive consumer information. It is crucial for regulatory bodies to step in and ensure that companies like SNSC are held accountable for their actions and inactions.

Conclusion

The recent class-action settlement and the questionable hiring of a felon like Ms. Yorks showcase SNSC’s disregard for the security and trust of their customers. This pattern of negligence and poor judgment must be addressed to protect consumers from both external and internal threats. By raising awareness and demanding accountability, we can push for a more secure and trustworthy environment for all consumers.

Stay informed, stay vigilant, and protect your personal information from negligent practices and unethical behavior.

Rob Arkley’s True Character Unveiled: Withholding Promised Wages from a Former Employee

Allan Grushkin’s quest to recover $2 million from Rob Arkley exposes a disturbing glimpse into the true character of the greedy billionaire and founder/CEO of Security National. Grushkin, who served as a senior vice president at Arkley’s company, was issued a $2 million promissory note upon his departure in 2007. This note, which Grushkin claims was compensation for his extensive work on various real estate deals, was instead dismissed by Arkley as “a gratuitous note to a friend,” with Arkley vowing, “He [Grushkin] will get what he deserves: Next to nothing.”

A Broken Promise

Security National, like many real estate investment firms at the time, became heavily indebted following the real estate market collapse. Grushkin, along with numerous other creditors, found himself in a prolonged struggle for payment. In October 2011, ten companies under Security National’s vast corporate umbrella declared bankruptcy, owing creditors nearly $160 million.

Despite the financial turmoil, Grushkin persistently requested payments on his $2 million note, sending numerous emails and making countless phone calls to company employees. Security National managed a few payments in 2010 and some wire transfers in 2012, but then the payments stopped altogether. Grushkin is still owed over $1.7 million.

The Evidence

Emails and court filings reveal a contentious back-and-forth between Grushkin and John Piland, Security National’s Chief Financial Officer. By June 2010, Piland’s assistant had resorted to calling Grushkin derogatory names in internal emails, reflecting the company’s disdain for his persistent inquiries.

From: Allan Grushkin

To: Piland, John

Subject:

I have called and called, please give me a response.

AG

Piland’s cryptic response highlighted the chaos within Security National:

From: Piland, John

To: Allan Grushkin

Subject: RE:

Will call you this evening. Lehman, BofA, Kramer, US Bank, I can’t even get time with my daughters while they are here in BR.

Grushkin’s attempts to get clarity and resolution continued to be met with vague and dismissive responses. Piland’s reply to Grushkin’s inquiries about payments was ominous and unhelpful:

The world blew up.

John Piland

The Human Cost

As the years dragged on, the emails from Grushkin and his wife grew more desperate, reflecting the financial strain and personal hardship caused by Arkley’s refusal to honor his commitment. Nancy Grushkin’s plea in February 2013 was a stark reflection of their dire situation:

From: Nancy Grushkin

To: Piland, John

Subject: Dire Situation

… Health concerns are being put on hold and financial issues are reeling out of control because we’ve been forced to raid our 401k over the last three years. As an accountant, you understand what we are facing.

Despite these pleas, Security National remained unresponsive, prioritizing their negotiations with major creditors over the rightful payment to Grushkin.

Arkley’s True Colors

Rob Arkley’s response to Grushkin’s persistent attempts to collect his owed money revealed a shocking lack of empathy and integrity. Arkley sent a series of emails that were not only dismissive but also threatening and belittling.

In a September 2013 email to former vice presidents and his own family, Arkley displayed his disdain for Grushkin’s efforts:

From: Arkley, Rob

Sent: Thu, Sep 19, 2013 at 11:12 AM

To: Multiple Recipients

Cc: Multiple Recipients

Dear All,

Today I received a demand letter from Allan Grushkin’s attorney demanding payment. Indicating that [he] will file lawsuit against SN Properties Holding, LLC. It showed no class, but then again, what is new? I am informing you, because perhaps some of you may want to join Allan. I can assure you that it will not speed up your payment, but it is your choice. … I can pay all of you in the order that I determine. Some of you [sic]…

Arkley’s disdain for Grushkin’s attempts to reclaim his money reached new heights in a subsequent email:

From: Arkley, Rob

Sent: Mon, Sep 23, 2013 at 6:06AM

To: Multiple Recipients

Cc: Multiple Recipients

Dear Leslie and Bill,

Please reach out to Allan’s lawyer and provide him with a copy of the Alaska charging order statute. … He will get what he deserves: Next to nothing.

vty,

Rob

Arkley’s emails reveal a man more concerned with his own wealth and power than with honoring his commitments or caring for the people who helped build his business.

The Legal Battle

Grushkin’s persistence finally led to a legal victory in July, with a court ruling that awarded him $1,737,420 from Security National. However, Arkley’s attorneys swiftly moved to vacate the judgment, arguing jurisdictional issues based on the company’s registration in Alaska and the residency of the Arkleys’ daughter, a co-member/owner of the company.

In a move that further highlighted Arkley’s ruthless tactics, Security National sued Grushkin personally, accusing him of defamation and intentional interference with business relations. This lawsuit appears to be a vindictive attempt to punish Grushkin for daring to seek what he was rightfully owed.

Conclusion

Rob Arkley’s actions in withholding promised wages from Allan Grushkin are a damning indictment of his character. His blatant disregard for the financial and personal well-being of a former employee, coupled with his attempts to intimidate and belittle Grushkin, reveal a man driven by greed and a lack of integrity.

This case should serve as a stark warning to anyone considering doing business with Security National and its founder. It is a reminder that, in the world of corporate finance, even those with long-standing relationships and significant contributions can be callously discarded in the pursuit of profit.

For Allan Grushkin, the battle continues, but his perseverance stands as a testament to the importance of holding those in power accountable for their actions.