Yeah, I saw that one, too.
Zero Hedge says otherwise though, and cites a Friday FHA release- although the effect of the program may be limited:
http://www.zerohedge.com/article/rumors-news-news-rumors
Barry Ritholtz calls BS too.
http://www.ritholtz.com/blog/2010/08/refi-madness-the-heat-is-frying-your-brain/