Lender’s Foreclosure Action Revoked Acceleration Of Mortgage, Panel Rules

(April 21, 2023, 9:41 AM EDT) -- SPOKANE, Wash. — A Washington appellate court panel overturned a trial court’s grant of summary judgment in favor of a borrower in a foreclosure action, ruling that a mortgage lender affirmatively revoked the acceleration of the borrower’s defaulted loan by initiating a judicial foreclosure, thus starting a new statute of limitations period....

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