HB 1883
Professions and occupations; mortgage broker annual fees; effective date.
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill modifies the annual fees for mortgage broker licenses in Oklahoma. It adjusts the fee calculation based on the dollar volume of loans originated and serviced by the broker, with the amounts increasing incrementally over several years. The bill also establishes minimum and maximum fee amounts for each year, starting November 1, 2025, and provides for late renewal fees and reinstatement procedures.
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