EMC MORTG. CORP. v. Window Box Ass'n, Inc.
EMC Mortgage Corporation initiated foreclosure proceedings against property owned by Window Box Association, Inc. Window Box subsequently sued EMC, seeking to declare EMC's lien invalid and arguing that the statute of limitations barred EMC's right to foreclose. The trial court granted Window Box's motion for summary judgment and dismissed the suit. On appeal, EMC challenged the summary judgment ruling and Window Box's standing to assert the limitations defense. The appellate court found that Window Box had standing but determined that EMC had raised a fact issue regarding whether it provided sufficient notice to accelerate the accrual date of the note. Consequently, the appellate court reversed the trial court's judgment and remanded the case for further proceedings.