HI SB1105

Changes recovery from mortgage loan recovery fund to require a "final judgment" from circuit or district court rather than a court "order"

Simplifies mortgage loan recovery fund fees to a flat $200 fee per mortgage loan originator licensee upon initial application and $100 upon renewal, eliminating separate fees for principal offices, branch offices, and originator companies

Adds authority for the commissioner of financial institutions to consider and approve recovery fund applications directly from aggrieved persons who have obtained final judgments, in addition to the existing court procedure

Maintains the $100,000 maximum liability limit per licensee and $750,000 fund target level for fee adjustments

Effective date is July 1, 2022