# 12 CFR § 1248.2: Purpose

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-1248.2

## Section

- **Citation:** 12 CFR § 1248.2
- **Heading:** Purpose
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER XII—FEDERAL HOUSING FINANCE AGENCY > SUBCHAPTER C—ENTERPRISES > PART 1248—UNIFORM MORTGAGE-BACKED SECURITIES

## Text

The purpose of this part is to:
(a) Enhance liquidity in the MBS marketplace, and to that end, enable adoption of the UMBS, by achieving sufficient similarity of cash flows on cohorts of TBA-eligible MBS such that investors will accept delivery of UMBS from either issuer in settlement of trades on the TBA market.
(b) Provide transparency and durability into the process for creating alignment.

## Nearby sections

- [12 CFR § 1242.1 § 1242.1 Purpose; identification as a prudential standard.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1242.1.md)
- [12 CFR § 1242.2 § 1242.2 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1242.2.md)
- [12 CFR § 1242.3 § 1242.3 Identification of core business lines.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1242.3.md)
- [12 CFR § 1242.4 § 1242.4 Credible resolution plan required; other notices to FHFA.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1242.4.md)
- [12 CFR § 1242.5 § 1242.5 Informational content of a resolution plan; required and prohibited assumptions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1242.5.md)
- [12 CFR § 1242.6 § 1242.6 Form of resolution plan; confidentiality.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1242.6.md)
- [12 CFR § 1242.7 § 1242.7 Review of resolution plans; resubmission of deficient resolution plans.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1242.7.md)
- [12 CFR § 1242.8 § 1242.8 No limiting effect or private right of action.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1242.8.md)
- [12 CFR § 1248.1 § 1248.1 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1248.1.md)
- [12 CFR § 1248.2 § 1248.2 Purpose.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1248.2.md)
- [12 CFR § 1248.3 § 1248.3 General alignment.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1248.3.md)
- [12 CFR § 1248.4 § 1248.4 Enterprise consultation.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1248.4.md)
- [12 CFR § 1248.5 § 1248.5 Misalignment.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1248.5.md)
- [12 CFR § 1248.6 § 1248.6 Covered programs, policies, and practices.](https://www.frixlaw.com/law-library/statutes/ecfr-12-1248.6.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-1248.2. Check the current official text before relying on it. Not legal advice.