12 CFR §1217.7

1. (a)General.
   1. (1)To obtain a hearing, the respondent must file a written response to a notice under § 1217.6:
      1. (i)In accordance with § 1209.24 of this chapter; and
      2. (ii)Not later than 30 days after the date of service of the notice.
   2. (2)A timely filed response to a notice under § 1217.6 shall be deemed to be a request for a hearing.
   3. (3)A response to a notice under § 1217.6 must include:
      1. (i)The admission or denial of each allegation of liability made in the notice;
      2. (ii)Any defense on which the respondent intends to rely;
      3. (iii)Any reasons why the penalty and, if appropriate, any assessment should be less than the amount set forth in the notice; and
      4. (iv)The name, address, and telephone number of the person who will act as the respondent's representative, if any.
2. (b)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.