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 July 2, 2025 Announcement SEL-2025-05: Selling Guide Updates June 30, 2025 Testing Available for UCD v2.0 Specification and UCD Critical Edits June 18, 2025 Lender Letter LL-2025-02 Advance Notice of Changes to Servicing Processes and Systems