Subject


This is the Final Public Hearing on the adoption of proposed Rules 69V-40.025, 69V-40.031, 69V-40.100, 69V-40.200, 69V-40.220, and 69V-40.242, Florida Administrative Code, published on November 7, 2008, in Vol. 34, No. 45 issue of the Florida Administrative Weekly. A Notice of Correction was published on November 21, 2008, in Vol. 34, No. 47. No changes have been made to the proposed rules. The rules address the cost of the mortgage broker test. Section 494.0033, F.S., requires the Office of Financial Regulation to make available an electronic version of the mortgage broker test. Persons required to take the mortgage broker test are required to bear the actual cost for the electronic version of the test; however, the fee may not exceed $75. The Office has contracted with a third party to administer the mortgage broker test for $43 per test. Any person required to take the mortgage broker test is responsible for this cost. If a person fails the test and wishes to take the test again, the cost of the retake is also $43.