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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 12 - Banks and Banking |
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Chapter XVII - Office of Federal Housing Enterprise Oversight, Department of Housing and Urban Development |
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SubChapter A - OFHEO Organization and Functions |
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Part 1780 - RULES OF PRACTICE AND PROCEDURE |
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Subpart B - Prehearing Proceedings |
§ 1780.23 - Failure to appear.
Latest version.
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Failure of a respondent to appear in person at the hearing or by a duly authorized representative constitutes a waiver of respondent's right to a hearing and is deemed an admission of the facts as alleged and consent to the relief sought in the notice. Without further proceedings or notice to the respondent, the presiding officer shall file with the Director a recommended decision containing the findings and the relief sought in the notice.