SANDUSKY v. FIRST NAT'L BANK OF SIKESTON

No. 88-310.

773 S.W.2d 95 (1989)

299 Ark. 465

Timothy C. SANDUSKY and Rose M. Sandusky, Appellants, v. FIRST NATIONAL BANK OF SIKESTON, Appellee.

Supreme Court of Arkansas.

July 10, 1989.


Attorney(s) appearing for the Case

Mike Bearden, Osceola, for appellants.

Jack Lassiter, Little Rock, for appellee.


DUDLEY, Justice.

The creditor bank, appellee, negligently failed to secure federal mortgage insurance protection on its loans to appellants. Upon default and foreclosure the chancellor granted a deficiency judgment against appellants. The appellants contend that the bank's negligent failure to secure mortgage insurance should have excused them from the deficiency judgment. The chancellor ruled correctly, and, accordingly, we affirm.

The appellants, Timothy...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases