5th Circuit Finds Loan Servicer Did Not Wrongfully Foreclose Property

(July 25, 2017, 4:05 PM EDT) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on July 21 affirmed a district court's decision to grant summary judgment in favor of a loan servicer, finding that it did not breach a contract when it foreclosed on a property and that it did not fraudulently cancel an insurance policy on the foreclosed home (Ronald K. Webb v. Everhome Mortgage, No. 17-10243, 5th Cir., 2017 U.S. App. LEXIS 13194)....

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