Single Family Regular Program Reserve. Mortgage loans secured by residential real property may be insured by the Maryland Housing Fund under its Single Family Regular Program Reserve. Insurance for the following three programs is supported by the Single Family Regular Program Reserve: Single Family Lender Insurance—primary mortgage insurance coverage for public and private lenders; Single Family Public Mortgagee Insurance—primary and pool insurance coverage for public agency lenders; and Insurance of first mortgages purchased by public employee retirement systems or pension funds. Lender Primary Mortgage Insurance Program. Under this mortgage insurance program, the Fund may insure for approved public and private lenders the top 35 percent of loss on eligible first mortgages having up to 100 percent loan-to-value ratios plus financing of the initial mortgage insurance premium. Eligibility requirements for this program are set forth in Regulations .05—.09 of this chapter. Premiums and insurance plans for this program are found in Regulation .14 of this chapter. Minimum and maximum mortgage amounts are established by Secretarial determination. Public Lender Primary and Pool Mortgage Insurance Program. Under this mortgage insurance program, the Fund may insure both primary and pool insurance for first mortgages for approved public agency lenders. The aggregate loss limit or stop loss for a mortgage pool insurance policy is set forth in a policy with the public agency lender and is expressed as either a specific dollar amount or specific percentage of the total insured mortgage loan amounts. The Fund's obligation to pay any claim for loss on any mortgage loan in a pool ceases at the point the aggregate loss limit is reached and does not reoccur until the aggregate losses are reduced below the aggregate loss limit. Premiums under a pool policy remain payable with respect to a period of 3 months after the aggregate loss limit is reached and after that are not payable unless aggregate losses are reduced below the limit. Public Employee Retirement System or Pension Fund Program. Under this mortgage insurance program, the Fund may insure first mortgages financed by a public employee retirement system or pension fund. The requirements in Regulations .05—.09 of this chapter govern this insurance program, except as provided in §D(2)—(4) of this regulation. The mortgage program shall assist persons or families whose income standards are determined by the public employees retirement system or pension fund and are acceptable to the Fund and approved by the Secretary. The Fund will insure up to 100 percent of the mortgage loan. Closing costs or prepaid items may not be mortgaged. The Fund is not liable for more than 3 months interest in arrears on any reimbursable claim. Contents. The requirements for the programs insured under the Single Family Reserve are set forth in Regulations .04—.16 of this chapter. Applicability to Other Fund Regulations Under COMAR. The following regulations under this chapter apply to the Revitalization Program to the extent that their provisions do not conflict with the regulations for the Revitalization Program: Regulations .03, .06—.08, .10, .11, .15, and .16 of this chapter; Regulation .05 of this chapter, except that Regulation .05D of this chapter does not apply to an insured mortgage that finances both the purchase and rehabilitation of the property securing the mortgage; and Regulation .09 of this chapter, except that Regulation .09C(6) of this chapter is subject to agreements between the Fund and insurers under the Revitalization Program.