---
kind: "section"
citation: "7 C.F.R. § 3565.502"
title: "7"
number: "3565.502"
heading: "Incontestability."
url: "https://uscodex.org/cfr/7/3565.502"
---

# §3565.502. Incontestability.


In the case of loans that back Ginnie Mae securities or loans that are acquired by Ginnie Mae as a consequence of its guaranty, the Agency guarantee under this part is incontestable except that the guarantee may not be enforced by a lender who commits fraud or misrepresentation or by a lender who had knowledge of the fraud or misrepresentation at the time such a lender acquired the guarantee or was assigned the loan.


## Notes

### Source

Source: 70 FR 2934, Jan. 19, 2005, unless otherwise noted.

### Authority

Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 U.S.C. 1480.

### Source

Source: 63 FR 39458, July 22, 1998, unless otherwise noted.