Which of the following fees is NOT associated with the Mortgage Loan Recovery Fund?

The Mortgage Loan Recovery Fund is designed to protect consumers in the event that a licensed mortgage loan originator or their company engages in dishonest or unethical conduct. The fund is primarily supported by fees charged to MLOs, which can include various license-related fees.

The fee associated with a change in ownership is not considered part of the Mortgage Loan Recovery Fund's operational fees. Instead, that fee typically pertains to the licensing process itself and the necessary administrative actions taken when there is a change in ownership at a licensed entity. Such fees are often associated with regulatory processes rather than directly funding the recovery fund aimed at protecting consumers.

In contrast, the other fees listed—those for the principle office, branch office, and license renewal—are directly linked to maintaining compliance and contributing to the Mortgage Loan Recovery Fund. These fees are designed to ensure that those in the mortgage industry are contributing to the financial backing that protects consumers from potential losses incurred due to the misconduct of licensed professionals.