{
 "passport_version": "0.1",
 "issuer": "FinanceRateCalc",
 "issued_at": "2026-08-12T00:00:00Z",
 "provenance": {
  "primary_source": "CFPB/FFIEC HMDA public record, 2025",
  "dataset": "loan_type=2 (FHA); action_taken in {1,2,3} = decisioned",
  "code_history": "https://github.com/financeratecalc/financeratecalc.github.io",
  "integrity_note": "v0: integrity via sha256 + public git history; cryptographic signatures planned"
 },
 "use_boundary": {
  "allowed": [
   "historical aggregate comparison",
   "journalism",
   "market analysis",
   "research"
  ],
  "prohibited": [
   "individual approval prediction",
   "borrower profiling",
   "personalized lender recommendation"
  ],
  "minimum_cell_size": 100
 },
 "attribution": {
  "required_text": "Source: FinanceRateCalc analysis of the public CFPB HMDA 2025 record; historical aggregate only.",
  "license": "CC BY 4.0"
 },
 "claim": {
  "metric": "fha_denial_rate",
  "value": 0.221,
  "unit": "share_of_decisioned_applications",
  "subject": "United States, all reporting lenders",
  "period": "2025",
  "definition": "denials (action 3) / decisioned applications (actions 1,2,3), FHA (loan_type 2)",
  "note": "Purchase-only and refinance-only rates differ (\u224812.7% and \u224838.1%); the denominator you choose is the story you tell."
 },
 "passport_id": "frc:claim:national-fha-denial-rate-2025",
 "canonical_url": "https://financeratecalc.com/claims/national-fha-denial-rate-2025.json",
 "sha256": "13b9b986cadd5354334783289c87dbed27cb0cd7f1532da687a3b4b89f844c90"
}