{"data":{"id":"us/12-cfr-1208.61","jurisdiction":"us","citation":"12 CFR 1208.61","heading":"Notice.","body":"At least 30 days before the initiation of garnishment proceedings, FHFA will send, by first class mail to the debtor's last known address, a written notice informing the debtor of:\n(a) The nature and amount of the debt;\n(b) FHFA's intention to initiate proceedings to collect the debt through deductions from the debtor's pay until the debt and all accumulated interest penalties and administrative costs are paid in full;\n(c) An explanation of the debtor's rights as set forth in § 1208.62(c); and\n(d) The time frame within which the debtor may exercise these rights. FHFA shall retain a stamped copy of the notice indicating the date the notice was mailed.","path":["Title 12—Banks and Banking","CHAPTER XII—FEDERAL HOUSING FINANCE AGENCY","SUBCHAPTER A—ORGANIZATION AND OPERATIONS","PART 1208—DEBT COLLECTION","Subpart E—Administrative Wage Garnishment"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"43532cc01fce31694d6b6d11e117980b762737d5c8f2b9adfa8a12e549704161","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-1208.60","next":"us/12-cfr-1208.62"},"notice":"GroundRules: Original legal text. Not legal advice."}