Statutes of limitations for fraud usually run from the date of discovery and are usually 6 years in most jurisdictions. If a judicial procedure as used to commit the fraud (judicial foreclosure states) you might have only 1 year to seek to vacate the judgment & then 6 years to pursue a new action in equity. What makes this so difficult for those of us who want to stop the systemic fraud is that each state has its own laws. For example, what I just said about 1 year & 6 years is true in Wisconsin (a judicial foreclosure state) but is not true in Minnesota (a nonjudicial foreclosure state.) Minnesota has a statute cutting most objections to “flaws” in the foreclosure process off at 1 year. Civil RICO has a statute of limitations of 4 years per the US Supreme Court. The criminal RICO statute of limitations (which the state AGs and the federal DOJ) should have been pursuing, in my opinion, is 5 years from the most recent predicate act in the jurisdiction where the charges are brought. Although the AG/DOJ settlement does not purport to release criminal charges, as a practical matter they may as well have done so. But racketeering continues. Bank of America is uttering newly created “blue ink” notes in Wisconsin as late as the end of last month. If you read the settlement, virtually every civil investigation by state and federal authorities concerning the 5 banks (except MERS) is released through 2/8/2012. I don’t think the AGs wrote the Exhibits and I think they signed off before the releases were prepared: a robo-signed settlement. The worst parts of the settlement are provisions that the US Trustees in bankruptcy stop all discovery of bankruptcy crimes and withdraw their subpoenas issued prior to 2/8/2012 and the specific release for taking homes without standing to do so prior to 2/8/2012. Homeowners still have their rights. Some of us are trying to figure out how to do this work on a shoestring budget. Stay strong and alert. Knowledge is power.