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Federal regulations · Through 2026-08-25 · Newer source version available

12 CFR 1208.62: Debtor's rights.

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Where this section sits in the code
  1. Title 12—Banks and Banking
  2. CHAPTER XII—FEDERAL HOUSING FINANCE AGENCY
  3. SUBCHAPTER A—ORGANIZATION AND OPERATIONS
  4. PART 1208—DEBT COLLECTION
  5. Subpart E—Administrative Wage Garnishment

FHFA shall afford the debtor the opportunity:

(a) To inspect and copy records related to the debt;

(b) To enter into a written repayment agreement with FHFA, under terms agreeable to FHFA; and

(c) To the extent that a debt owed has not been established by judicial or administrative order, to request a hearing concerning the existence or amount of the debt or the terms of the repayment schedule. With respect to debts established by a judicial or administrative order, a debtor may request a hearing concerning the payment or other discharge of the debt. The debtor is not entitled to a hearing concerning the terms of the proposed repayment schedule if these terms have been established by written agreement.

Collected 2026-08-27T02:24:16Z. Source file · JSON

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