Code of Federal Regulations · Section
§ 1208.80 — Refunds
12 C.F.R. § 1208.80
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(a) If a hearing official determines that a debt is not legally due and owing to the United States, FHFA shall promptly refund any amount collected by means of administrative wage garnishment.
(b) Unless required by Federal law or contract, refunds under this section shall not bear interest.
Authorizing Statute
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Regulations and orders12 U.S.C. § 4526
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Installment deduction for indebtedness to the United States5 U.S.C. § 5514
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Authority to make credits or refunds26 U.S.C. § 6402