12 CFR § 1209.20 - Opportunity for informal settlement.

---
identifier: "/us/cfr/t12/s1209.20"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1209.20 - Opportunity for informal settlement."
title_number: 12
title_name: "Banks and Banking"
section_number: "1209.20"
section_name: "Opportunity for informal settlement."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "A"
subchapter_name: "ORGANIZATION AND OPERATIONS"
part_number: "1209"
part_name: "RULES OF PRACTICE AND PROCEDURE"
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. 554, 556, 557, and 701  12 U.S.C. 1430c(d); 12 U.S.C. 4501, 4502, 4503, 4511, 4513, 4513b, 4517, 4526, 4566(c)(1) and (c)(7), 4581-4588, 4631-4641; and 28 U.S.C. 2461 note."
regulatory_source: "76 FR 53607, Aug. 26, 2011, unless otherwise noted."
cfr_part: "1209"
---


# 1209.20 Opportunity for informal settlement.

Any respondent may, at any time in the proceeding, unilaterally submit to FHFA's counsel of record written offers or proposals for settlement of a proceeding without prejudice to the rights of any of the parties. No such offer or proposal shall be made to any FHFA representative other than FHFA counsel of record. Submission of a written settlement offer does not provide a basis for adjourning, deferring or otherwise delaying all or any portion of a proceeding under this part. No settlement offer or proposal, or any subsequent negotiation or resolution, is admissible as evidence in any proceeding.