5th Circuit Affirms Ruling For Lender, Finds Acceleration Was Abandoned

(April 27, 2017, 1:34 PM EDT) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on April 24 affirmed a trial court's ruling granting summary judgment in favor of a lender, finding that a notice of acceleration was abandoned, causing a statute of limitations to cease running (Livier Hernandez v. Select Portfolio Servicing, No. 16-41308, 5th Cir., 2017 U.S. App. LEXIS 7207)....

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