Section 15, § 6, is hereby replaced by the following:

Section 6. Each application for a license shall be accompanied by an investigation fee.

Investigation and license fees shall be determined annually by the secretary of administration

under section 3B of chapter 7 provided that such total annual fees shall be not less than $500 for

licensees of non-Massachusetts Corporations and not less than $300 for licensees of

Corporations headquartered within the Commonwealth of Massachusetts; provided further, that

such investigation and license fees shall not apply to any community development corporation as

defined in section 1 of chapter 40F and organized under the General Laws. The license of a

mortgage loan originator shall expire annually. Each licensee, shall annually, on or before a date

to be determined by the commissioner, submit a license renewal application. The license renewal

application shall be on a form prescribed by the commissioner, signed under the pains and

penalties of perjury, containing such information as the commissioner may require.