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 November 5, 2025 Announcement SEL-2025-09: Selling Guide Updates November 3, 2025 Testing Availability for UAD Compliance Rules Severity Level Changes October 29, 2025 Fannie Mae Reports Net Income of $3.9 Billion for Third Quarter 2025
