Replies to post #704158 on Fannie Mae-No Politics (FNMA)

[Guido2]

I hope everyone understands pauses in tolling for statutes of limitations. Not a difficult concept.

[Stern is Bald]

Weren't warrants insurance in case of default on the loan? And no damages happen until they get exercised.. I don't think statute of limitations starts ticking until they are attempted to be exercised that's when the original contract is being ignored and then they officially attempt to go past the original contract terms.

[stockprofitter]

YES Bradford , SOL means IF the warrants are excersized they have two years to file a claim. Thanks.

[MannSinger]

SOL starts when fraud is committed NOT when contract signed

13 years ago, someone gets contract to do wire fraud in next 20 years. Then he does wire fraud 13 years after signing contract. Will he be free because SOL for wire fraud is 10 years?