(1) Licenses issued under Title 32, chapter 9, part 1, MCA, expire December 31. Licensees shall submit their renewal applications by December 1 of each year to ensure issuance of the license to qualified renewal applicants by January 1 of the following year. The renewal fees for the license period January 1 through December 31 are:

 

Mortgage Broker Entity	$500.00
Mortgage Broker Branch	$250.00
Mortgage Lender Entity	$750.00
Mortgage Lender Branch	$250.00
Mortgage Loan Originator	$400.00
Mortgage Servicer	$750.00
Mortgage Servicer Branch	$250.00

(2) The renewal fees listed in (1) are reduced by 50 percent for 2016. This section sunsets on March 17, 2016.