02-030-700 Me. Code R. § I
Pursuant to 9-A M.R.S. §2-302(1), the application fees and licensing periods for supervised lenders are established in law, "[e]xcept as set forth by regulation governing participation in the nationwide mortgage licensing system and registry for mortgage lender licensing ...."
Title 9-A M.R.S. §10 - 201 incorporates identical language as that in § 2-302(1) quoted above, authorizing rulemaking with respect to loan brokers to change the current 2-year license period and to adjust the primary office and branch office application fees.
Title 9-A M.R.S. §6 - 105 -A authorizes the bureau to establish routine, technical rules to transition loan broker and supervised lender licensing to the Nationwide Mortgage Licensing System (NMLS), including rules authorizing NMLS to collect fees and remit those fees to the bureau; authorizing collection of fees by NMLS for its processing costs; authorizing NMLS to process and maintain license records; and authorizing the use of NMLS's uniform forms.
02-030 C.M.R. ch. 700, § I