Home Single-Family News Center Lender Letter LL-2020-12 – New Adverse Market Refinance Fee September 24, 2020 Lender Letter LL-2020-12 – New Adverse Market Refinance Fee This Lender Letter provides information about a new adverse market refinance fee (loan-level price adjustment) that will apply to most refinances. Download announcement Recent News August 18, 2026 UAD and Forms Redesign: Updated FAQs August 12, 2026 Announcement SVC-2026-05 – Servicing Guide Update August 5, 2026 Announcement SEL-2026-07: Selling Guide Updates