Phoenix Funding, LLC v. Aurora Loan Servs., LLC

The issue this case presented for the New Mexico Supreme Court’s review was whether a 2009 default foreclosure judgment could be collaterally attacked based on assertions that the judgment was void for lack of jurisdiction and procured by fraud. In this case, those assertions were made by Phoenix Funding, LLC, which attempted to overturn a settled foreclosure judgment entered in favor of Aurora Loan Services, LLC. The Supreme Court held that the 2009 default judgment was not void and that Phoenix’s fraud claim was procedurally barred. The Court reversed the Court of Appeals’ judgment, reinstated the district court’s grant of summary judgment to Aurora, and remanded the case to the district court with instructions to dismiss Phoenix’s fraud claim. View "Phoenix Funding, LLC v. Aurora Loan Servs., LLC" on Justia Law