FHA Secure - SO Much More: Includes Rule Changes for FHA Chas-Out, FHA No Cash-Out, FHA Manual Underwriting

This is complicated and there's a lot more to it than meets the eye. The title implies that it only deals with FHA Secure, but that's NOT TRUE! It changes the rules for ALL FHA refinances except for Streamline Refi's.

FHASecure - SO MUCH more than it appears
(Mortgagee Letter 2008-13, May 7, 2008)

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