Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 12 - Banks and Banking |
Chapter XVII - Office of Federal Housing Enterprise Oversight, Department of Housing and Urban Development |
SubChapter A - OFHEO Organization and Functions |
Part 1704 - DEBT COLLECTION |
Subpart B - Salary Offset |
§ 1704.32 - Request from a creditor agency for the services of a hearing official.
Latest version.
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(a) OFHEO may provide qualified personnel to serve as hearing officials upon request of a creditor agency when—
(1) The debtor is employed by OFHEO and the creditor agency cannot provide a prompt and appropriate hearing before a hearing official furnished pursuant to another lawful arrangement; or
(2) The debtor is employed by the creditor agency and that agency cannot arrange for a hearing official.
(b) Services provided by OFHEO to creditor agencies under this section shall be provided on a fully reimbursable basis pursuant to 31 U.S.C. 1535.