placing of transparency in the Layers module is messed up in latest update of Photoshop Elements

[boblite2]

Just now Adobe Photoshop Elements 2021 forced an update.  The update contains a huge problem in the Layers module that did not previously exist. Layers was working perfectly well before this "update". 

TECHNICAL DETAILS OF MY CURRENT INSTALLATION

Adobe Photoshop Elements Version: 19.0 (20210811.m.158081) x64
Operating System: Windows 10 64-bit
Version: 10 or greater
System architecture: Intel CPU Family:6, Model:10, Stepping:9 with MMX, SSE Integer, SSE FP, SSE2, SSE3, SSE4.1, SSE4.2, AVX, HyperThreading

THE PROBLEM

When I use the Place command to insert a mask as a layer I should be getting this ....

Instead I am getting this ---

Please fix !

One other problem: when I click on the "Turn layer off" icon there is about a five second delay before the icon changes to show that it is turned off. 

[boblite2]

The new version of the layers module has other problems too.    How do I reinstall the old version ?  

[boblite2]

There are inaccuracies in my post.  My background was white. So not a surprise that the sky in the placed transparency should be white.

However. just now I found I can not stretch a placed mask... 

Anyway, the old version worked fine for me.  I would like to reinstall it

[boblite2]

I wish I could revise my posts... this is a very unforgiving way of communicating.. there are corrections I would like to make that I cannot make.... 

[hatstead]

You can edit a reply.  Click on the *** More icon at the bottom of the reply box to access this option.

[Walter_H]

@boblite2, Click on the "••• More" at the bottom of your post. You'll get a pop-up with the "Edit Message" button.

[Jeff Arola]

Before we say you've found a bug(s) you should reset the pse 2021 editor preferences and see if that fixes the issues.

In the pse 2021 editor go to Edit>Preferences>General and click on Reset Preferences on next launch and restart the pse 2012 editor.

[Greg_S.]

[Unfortunately, new forum users are not allowed to edit their posts.  The ability to do so becomes available after an unknown (to me) posting level has been achieved.]