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 October 1, 2025 Lender Letter LL-2025-03 Impact of Federal Government Shutdown September 30, 2025 Understand Top Defects to Help Strengthen Loan Quality September 29, 2025 UCD v2.0 Specification Initiative Transition Begins and Timeline Update