{"data":{"id":"us/24-cfr-242.2","jurisdiction":"us","citation":"24 CFR 242.2","heading":"Program financial self-sufficiency.","body":"The Commissioner shall administer the Section 242 program in such a way as to encourage financial self-sufficiency and actuarial soundness; i.e., to avoid mortgage defaults and claims for insurance benefits in order to protect the mortgage insurance fund.","path":["Title 24—Housing and Urban Development","Subtitle B—Regulations Relating to Housing and Urban Development","CHAPTER II—OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT","SUBCHAPTER B—MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES","PART 242—MORTGAGE INSURANCE FOR HOSPITALS","Subpart A—General Eligibility Requirements"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-24.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:55Z","sha256":"0c8bed3dc1286cab9c1bf4ca3fe1f61ac9c65d30792e23ba559aa5b51353ada8","source_id":"us-cfr","stale":true,"prev":"us/24-cfr-242.1","next":"us/24-cfr-242.3"},"notice":"GroundRules: Original legal text. Not legal advice."}