INVOICING Agency Fee Invoicing (AFI) Allows agencies to invoice - - PowerPoint PPT Presentation

AGENCY FEE INVOICING

Agency Fee Invoicing (AFI)

• Allows agencies to invoice licensees through NMLS.
• Agencies have used AFI to collect…
• Assessment Fees
• Examination Fees
• Amendment Fees (for changes NMLS cannot collect automatically)
• Fines
• Travel Related Costs
• Investigative Fees
• Ownership Transfer Fee
• NMLS handles communication and reminders to the

licensee until the invoice is paid.

Fees NMLS can collect automatically

• Transition Fee
• New License Fees
• License/Registration Fee
• Application Fee
• Amendment Fee
• Legal Name Amendment Fee
• Main Address Amendment Fee
• Other Trade Name Addition Amendment Fee
• Qualifying Individual Amendment Fee
• Renewal Fees
• Renewal Fee
• Reinstatement Fee

AFI Creation

• Single Invoice Entry
• Invoices can be created one at a time on an ad-hoc basis.
• Invoice Batch Upload
• Invoice can be created in bulk.
• Invoice Batch Uploads cannot exceed $487,500 and 10,000

rows/invoices.

• Multiple invoices batches can be uploaded.
• Use of AFI can begin at any time. You automatically have

access to the functionality.

Demonstration

• Create an Agency Fee Invoice

https://training.statemortgageregistry.com/ Launch Online Demo

QUESTIONS?