§ 1217.7. Response.

174 words·~1 min read·/us/cfr/t12/s§ 1217.7·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(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.