Home Single-Family News Center Lender Letter LL-2021-13 – Elimination of the Adverse Market Refinance Fee July 16, 2021 Lender Letter LL-2021-13 – Elimination of the Adverse Market Refinance Fee This Lender Letter announces elimination of the adverse market refinance fee effective Aug. 1, 2021. Download Lender Letter Recent News December 18, 2025 Controlling For Collateral Defects December 17, 2025 Announcement SVC-2025-07 – Servicing Guide Update December 15, 2025 Updates to UCD v2.0 Specification Resources