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JATERA CORP. v. US BANK NATIONAL ASS'N

No. 18-10248.

917 F.3d 831 (2019)

JATERA CORPORATION; Esther Randle Moore, Plaintiffs-Appellants, v. US BANK NATIONAL ASSOCIATION, AS TRUSTEE, in Trust FOR the REGISTERED HOLDERS OF CITIGROUP MORTGAGE LOAN TRUST, Asset-Backed Pass-Through Certificates, Series 2005-HE3; Select Portfolio Servicing, Incorporated, Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

FILED March 6, 2019.

Attorney(s) appearing for the Case

John Glenn Meazell , Law Office of John Meazell, P.C., Plano, TX, for Plaintiffs-Appellants.

Thomas Mott Hanson , McGlinchey Stafford, P.L.L.C., Dallas, TX, for Defendants-Appellees.

Before SMITH, BARKSDALE, and HO, Circuit Judges.

At issue in this diversity action is whether Texas law provides a detrimental-reliance exception to a lender's right to unilaterally withdraw a notice of acceleration; and, if so, whether Jatera Corporation and Esther Randle Moore detrimentally relied on the notice of acceleration by U.S. Bank National Association...

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