12 CFR § 1248.4 - Enterprise consultation.

---
identifier: "/us/cfr/t12/s1248.4"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1248.4 - Enterprise consultation."
title_number: 12
title_name: "Banks and Banking"
section_number: "1248.4"
section_name: "Enterprise consultation."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "C"
subchapter_name: "ENTERPRISES"
part_number: "1248"
part_name: "UNIFORM MORTGAGE-BACKED SECURITIES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1451 note; 1716; 4511; and 4526."
regulatory_source: "84 FR 7799, Mar. 5, 2019, unless otherwise noted."
cfr_part: "1248"
---


# 1248.4 Enterprise consultation.

When and in the manner instructed by FHFA, the Enterprises shall consult with each other on any issues, including changes to covered programs, policies, and practices that potentially or actually cause cash flows to TBA-eligible MBS investors to misalign. The Enterprises shall report to FHFA on the results of any such consultation.