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 30, 2025 Fannie Mae Reports Net Income of $3.3 Billion for Second Quarter 2025 July 28, 2025 Strengthen Loan Quality and Mitigate Risk with Selling Guide Part D Updates July 28, 2025 In Case You Missed It: Policy Updates