(a) Under section 599-d of the Banking Law, each applicant for an initial license as an MLO shall pay the fees set forth in paragraphs (1)-(4) of this subdivision and an applicant for a license renewal shall pay the fees set forth in paragraphs (4) and (5) of this subdivision, all as determined by the superintendent:

1. (1) an investigation fee determined in the reasonable estimate of the superintendent to be the actual cost to the department to investigate the applicant;
2. (2) an initial license fee as determined by the superintendent;
3. (3) the fingerprint processing fee charged by the State Division of Criminal Justice Services and established pursuant to article 35 of the Executive Law or such other fee or fees that may be imposed by any entity reviewing the fingerprint cards;
4. (4) a processing fee that may be charged and collected by the NMLS; and

5. (5) an annual licensing fee.

   All fees, including fees payable to the department by an applicant or licensee, may be collected by the NMLS.

(b) The superintendent has established the following fees:

1. (1) an investigation fee equal to the superintendent’s reasonable estimate of the actual cost to the department to undertake the investigation of an applicant;
2. (2) an initial license fee based on the annual license fee set forth in paragraph (5) of this subdivision;
3. (3) the fingerprint processing fee charged by the State Division of Criminal Justice Services and established pursuant to article 35 of the Executive Law;
4. (4) any processing fee that may be charged and collected by the NMLS; and
5. (5) an annual license fee representing a pro rata share of the superintendent’s reasonable estimate of the cost to the department of administering this article.