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§1217.7. Response.

12 C.F.R. § 1217.7

(a)
General.
(1)
To obtain a hearing, the respondent must file a written response to a notice under § 1217.6:
(i)
In accordance with § 1209.24 of this chapter; and
(ii)
Not later than 30 days after the date of service of the notice.
(2)
A timely filed response to a notice under § 1217.6 shall be deemed to be a request for a hearing.
(3)
A response to a notice under § 1217.6 must include:
(i)
The admission or denial of each allegation of liability made in the notice;
(ii)
Any defense on which the respondent intends to rely;
(iii)
Any reasons why the penalty and, if appropriate, any assessment should be less than the amount set forth in the notice; and
(iv)
The name, address, and telephone number of the person who will act as the respondent's representative, if any.
(b)
Failure to respond. If no response to a notice under this part is timely submitted, FHFA may file a motion for default judgment in accordance with § 1209.24(c) of this part.
Notes, amendments, and revision history

Authority

Authority: 12 U.S.C. 4501; 12 U.S.C. 4526, 28 U.S.C. 2461 note; 31 U.S.C. 3801-3812.

Source

Source: 81 FR 43034, July 1, 2016, unless otherwise noted.