The FHA is changing its FHA Streamline Refinance rules! Streamline, not so much!!
Effective January 1, 2010, getting approved for the popular FHA-to-FHA refinance program will be much more difficult. Attached is a copy of the FHA Mortgagee Letter dated September 18, 2009. "Revised Streamline Refinance Transactions".
Here are the 3 main areas where the FHA is [...]
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