§ 1780.3 - Definitions.  


Latest version.
  • For purposes of this part, unless explicitly stated to the contrary—

    (a) Adjudicatory proceeding means a proceeding conducted pursuant to these rules and leading to the formulation of a final order other than a regulation;

    (b) Decisional employee means any member of the Director's or the presiding officer's staff who has not engaged in an investigative or prosecutorial role in a proceeding and who may assist the Director or the presiding officer, respectively, in preparing orders, recommended decisions, decisions and other documents under this subpart.

    (c) Director means the Director of OFHEO.

    (d) Enterprise means the Federal National Mortgage Association and any affiliate thereof and the Federal Home Loan Mortgage Corporation and any affiliate thereof.

    (e) OFHEO means the Office of Federal Housing Enterprise Oversight of the Department of Housing and Urban Development.

    (f) Party means OFHEO and any person named as a party in any notice.

    (g) Person means an individual, sole proprietor, partnership, corporation, unincorporated association, trust, joint venture, pool, syndicate, agency, or other entity or organization.

    (h) Presiding officer means an administrative law judge or any other person appointed by the Director under applicable law to conduct a hearing.

    (i) Representative of record means an individual who is authorized to represent a person or is representing himself and who has filed a notice of appearance in accordance with § 1780.72.

    (j) Respondent means any party other than OFHEO.

    (k) Violation includes any action (alone or with another or others) for or toward causing, bringing about, participating in, counseling, or aiding or abetting a violation.

    (l) The 1992 Act is title XIII of the Housing and Community Development Act of 1992, Pub. L. No. 102-550, known as the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (1992 Act) (12 U.S.C. 4501-4641).