FHA Reserve Fund: Signs of better health

May 26th, 2010

Written by Greg Frost Jr.

Categories: Branch Partner Opportunities, Economy, Federal Housing Administration, FHA, Mortgage Banker News, Mortgage News

The Federal Housing Administration (FHA) Reserve Fund is a buffer against loan defaults and claims on the federal mortgage insurance fund. FHA Commissioner David Stevens (National Mortgage News; subscription required) was optimistic in Senate testimony this month that the fund will finish the fiscal year in a better capital position after being battered for several years by soaring claims.

This is good news. Here at Frost Mortgage, though, we don’t wait for market timing, and we’re always bullish on business opportunities for those who are truly motivated. If you’re a top producer looking for a Branch Partner opportunity or to take your career as a Loan Officer to the next level, give us a call today. We don’t close loans — we open doors.

Please take a moment to learn more about how Frost Mortgage can help you. If you're looking for a mortgage, please visit our Find a Loan Officer page. And if you're looking for the best Branch Partner opportunity in the business, please visit our Branch Opportunities page. Thank you!

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This entry was posted on Wednesday, May 26th, 2010 at 7:45 am and is filed under Branch Partner Opportunities, Economy, Federal Housing Administration, FHA, Mortgage Banker News, Mortgage News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.