After Texas High Court Rescission Ruling, 5th Circuit Affirms Ruling For Lender

(March 19, 2024, 2:49 PM EDT) -- NEW ORLEANS — Citing the Texas Supreme Court’s February ruling in answer to a certified question that a mortgage lender may simultaneously rescind a prior loan acceleration and re-accelerate a loan, the Fifth Circuit U.S. Court of Appeals on March 18 affirmed a lower court’s grant of summary judgment to a lender and servicer in a mortgage foreclosure suit....

Attached Documents

Related Sections