so after reading this... it happened to me today! Thankfully I remembered the thread and came to find it so it was a super easy fix! I am pretty sure every problem I have had with PSE lately has been fixed by opening a good layout saved as a PSD file... so I think that will be my go-to whenever something goes wrong.
I was having this issue tonight so I started googling- it led me here! Problem solved, from a seven year old thread no less. TLP is the best!
YAY!!! I refer a lot to the old threads! Glad you found what you needed and it fixed your issue Lynette!
Thank you for finding this! Will try this next time this happens. I've solved the issue before by opening another template, and reset the text by copying a the text from that template. This was a much easier fix!