ENROLLED
ACT No. 324
2015 Regular Session
HOUSE BILL NO. 354
BY REPRESENTATIVE PONTI
1 AN ACT
2 To amend and reenact R.S. 6:1088.2(A), relative to licensing fees applicable to mortgage
3 lenders, mortgage brokers, mortgage servicers, and mortgage originators; to increase
4 license application fees for mortgage lenders, mortgage brokers, mortgage servicers,
5 and mortgage originators; to increase license renewal fees for mortgage lenders,
6 mortgage brokers, mortgage servicers, and mortgage originators; and to provide for
7 related matters.
8 Be it enacted by the Legislature of Louisiana:
9 Section 1. R.S. 6:1088.2(A) is hereby amended and reenacted to read as follows:
10 ยง1088.2. Application for licensure; application and renewal fees
11 A. The application shall be accompanied by the following nonrefundable
12 fees as determined by and payable to paid as directed by the commissioner:
13 (1) In the case of an application for a license to act as a mortgage lender,
14 mortgage broker, mortgage servicer, or combination of any, a license fee in an
15 amount not to exceed four five hundred dollars.
16 (2) In the case of an application for a license to act as an originator, a license
17 fee in an amount not to exceed one two hundred dollars.
18 (3) An annual license renewal fee for each person licensed as a mortgage
19 broker, mortgage lender, or mortgage servicer in an amount not to exceed three four
20 hundred dollars.
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HB NO. 354 ENROLLED
1 (4) An annual license renewal fee for each originator in an amount not to
2 exceed one two hundred dollars.
3 * * *
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
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CODING: Words in struck through type are deletions from existing law; words underscored
are additions.