12 CFR § 1208.80 - Refunds.

---
identifier: "/us/cfr/t12/s1208.80"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1208.80 - Refunds."
title_number: 12
title_name: "Banks and Banking"
section_number: "1208.80"
section_name: "Refunds."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "A"
subchapter_name: "ORGANIZATION AND OPERATIONS"
part_number: "1208"
part_name: "DEBT COLLECTION"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 5514; 12 U.S.C. 4526; 26 U.S.C. 6402(d); 31 U.S.C. 3701-3720D; 31 CFR 285.2; 31 CFR Chapter IX."
cfr_part: "1208"
---


# 1208.80 Refunds.

(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.