Federal Judge Holds Borrower Breached Loan Agreement, Enters Ruling For Bank

Mealey's (December 18, 2018, 3:00 PM EST) -- SAN JUAN, Puerto Rico — A Puerto Rico federal judge on Dec. 14 granted summary judgment in favor of an asset company, holding that a borrower breached his loan agreement by failing to make monthly payments and to cure his default on the mortgage (Bautista Cayman Asset Company v. Jose Luis Martinez Gonzalez, No. 17-2337, D. Puerto Rico, 2018 U.S. Dist. LEXIS 211405)....