CFR > Title 12 - Banks and Banking > CHAPTER XVII—OFFICE OF FEDERAL HOUSING ENTERPRISE OVERSIGHT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT > SUBCHAPTER D—RULES OF PRACTICE AND PROCEDURE (parts 1780 to 1781) > PART 1780—RULES OF PRACTICE AND PROCEDURE > SUBPART A—General Rules (§1780.1 to §1780.16) > 1780.14—Opportunity for informal settlement.

1780.14—Opportunity for informal settlement.

Any respondent may, at any time in the proceeding, unilaterally submit to OFHEO'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 OFHEO representative other than OFHEO's counsel of record. Submission of a written settlement offer does not provide a basis for adjourning 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.