A judge refused to fully dismiss a U.S. Securities and Exchange Commission suit alleging Radius Capital Corp.'s CEO tricked Ginnie Mae into guaranteeing $23 million in mortgage-backed securities since factual issues remain, but said some of the SEC's claims are time-barred, Law360 reports. 

U.S. District Judge John Steele barred the agency from seeking civil penalties against now-defunct Radius and Robert DiGiorgio for five mortgage-backed securities that the company allegedly issued before March 2006, saying they don't meet a five-year statute of limitations for civil penalties.