A Review Of The FHA Streamline Refinance Program Changes Effective November 17, 2009

The FHA is changing the FHA Streamline Refinance rules. Effective November 17, 2009, getting approved for the popular refinance program will be decidedly more difficult. And make note -- this is not speculation. The FHA titled its official statement dated September 18, 2009 "Revised Streamline Refinance Transactions" and it reads like a warning shot. This is just the first in a series of changes coming from the FHA.