Supreme Court of Arkansas
Federal National Mortgage Association, Appellant v. Jolynn Taylor, Appellee
February 26, 20152015 Ark. LEXIS 79
Summary
The court held that the appellee’s challenge to the redemption provision in the foreclosure decree was an impermissible collateral attack because the decree was not alleged to be affected by fraud or jurisdictional defect. Although the decree may have cited the wrong statutory redemption period, that error made it voidable rather than void, so the circuit court erred in granting summary judgment and dismissing the redemption petition. Justice Wood, dissenting, would have affirmed because the collateral-attack theory was not preserved in the circuit court.