2758.4. Fees.
The fee to obtain and maintain a mortgage loan originator license endorsement shall consist of a processing fee charged
by the Nationwide Mortgage Licensing System and Registry and an annual license endorsement fee charged by the
Bureau. The annual license endorsement fee is $300. Fees submitted to obtain a license endorsement are deemed earned
upon receipt.
A licensee who applies for a mortgage loan originator license endorsement during 2010 shall pay a fee of $300, which
will be for the licensee's 2011 license endorsement. A licensee who makes his or her original application for a license
endorsement in 2011 or later shall pay a fee of $300 for the year in which the licensee applies, except that a license
endorsement application approved after October 31 of a given year will be valid until December 31 of the following
year.
A licensee who holds a mortgage loan originator license endorsement may apply to renew the license endorsement in
November and December for the following calendar year. The license endorsement renewal application is entered via
the Nationwide Mortgage Licensing System and Registry, and the license endorsement fee for the renewal shall be paid
to the Nationwide Mortgage Licensing System and Registry during the November/December processing period.