§ 1217.7 - Response.

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General. (1) To obtain a hearing, the respondent must file a written response to a notice under § 1217.6:

In accordance with § 1209.24 of this chapter; and

Not later than 30 days after the date of service of the notice.

A timely filed response to a notice under § 1217.6 shall be deemed to be a request for a hearing.

A response to a notice under § 1217.6 must include:

The admission or denial of each allegation of liability made in the notice;

Any defense on which the respondent intends to rely;

Any reasons why the penalty and, if appropriate, any assessment should be less than the amount set forth in the notice; and

The name, address, and telephone number of the person who will act as the respondent's representative, if any.

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.