Where FHFA is the creditor agency, FHFA shall promptly refund any amount deducted under the authority of 5 U.S.C. 5514 when:
FHFA receives notice that the debt has been waived or otherwise found not to be owing to the Federal Government; or
An administrative or judicial order directs FHFA to make a refund.
Unless required by law or contract, refunds under this section shall not bear interest.
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