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 August 25, 2025 Solving Rental Income Challenges August 25, 2025 In Case You Missed It: Policy Updates August 13, 2025 Announcement SVC-2025-05 – Servicing Guide Update