The Michigan Department of Insurance and Financial Services published its annual licensing fees under the Mortgage Loan Originator Licensing Act as follows:
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Loan Originator License Fee: $250
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Change in Employer/Sponsor Fee: $100
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Loan Originator Name and Business Address Amendment Fee: $15
The fees are the same as in 2017 and are effective from January 1, 2018 through December 31, 2018.