The purpose and effect of the amended rules are to define common terms used throughout Chapter 494, FS, and Rule Chapter 69V-40, F.A.C., update form titles, update Florida Department of Law Enforcement’s website link, correct grammatical errors, update fee payment amounts for licensure and clarify procedure for renewals, remove criminal background check fee requirement for control people for license renewals, set forth costs of cost of fingerprint retention, clarify procedure for reactivation of license after failure to timely renew, transfer the disciplinary guidelines provisions to a form incorporated into the rule entitled Disciplinary Guidelines for Mortgage Loan Originators and Mortgage Entities," revise and clarify Disciplinary Guidelines subsection, amend the section of the Disciplinary Guidelines specifying the mitigating and aggravating factors the Office shall consider in determining appropriate penalties, amend lock-in agreement subsection, amend books and records requirements, amend mortgage broker files requirements and delete penalty provisions, adding a Mortgage Lender Branch Office renewal and reactivation section, adding a Reports of Condition subsection, to specify requirements for reports of condition, delete penalty provisions in mortgage lender files subsection, delete penalty provision in mortgage brokerage and lending transaction journal subsection; and delete penalty provisions in Financial Guaranty in Lieu of Uniform Single Audit subsection.