NY AG Eric Schneiderman has made "tolling agreements" with 12 financial institutions that will...

|By:, SA News Editor

NY AG Eric Schneiderman has made "tolling agreements" with 12 financial institutions that will stop the clock on the six-year statute of limitations and allow authorities to bring civil fraud claims against the firms for any wrongdoing related to mortgage bonds from as far back as 2006, Bloomberg reports. The speculation follows Schneiderman this week suing JPMorgan (JPM) over its mortgage securities.