U.S. Court of Appeals for the Fifth Circuit, 2001

Doody v. Ameriquest Mortgage Co.

Doody v. Ameriquest Mortgage Co.
U.S. Court of Appeals for the Fifth Circuit · Decided August 27, 2001 · Higginbotham, Wiener, Dennis
263 F.3d 435 (Federal Reporter, Third Series)

Doody v. Ameriquest Mortgage Co.

Opinion

PER CURIAM:

We answered all questions but two which we certified to the Texas Supreme Court. The Texas Supreme Court answered the first question in favor of Amer-iquest Mortgage Company and did not then reach the second of our certified questions. Specifically, the Texas Supreme Court held:

... that section 50(a)(6)(Q)(x)’s cure provision applies to all the lender’s obligations under the extension of credit. Upon the cure, the lender has established the terms and conditions the lender must satisfy to make a lien valid under section 50(c). Accordingly, the lien meets section 50(c)’s requirement that it is a lien that secures a debt described by this section.

With this holding, we vacate the order of dismissal entered by the district court and remand with instruction to enter judgment in favor of Ameriquest Mortgage Company denying all relief sought by appellants, plaintiffs below.

VACATED and REMANDED.

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