# Renewals and good standing for mortgage shops The renewal stack for a multi-state mortgage company, what tends to slip, and the avoidable suspensions to watch for. ## What you will learn - The repeating stack a mortgage company carries - Why MLO renewals tend to slip before company renewals - What a typical avoidable suspension looks like ## The stack Per state, a typical mortgage company carries a company license renewal, a [[term:surety-bond]] renewal, an [[term:annual-report]] for the legal entity, a [[term:registered-agent]] to keep current, and a [[term:mlo]] renewal for each originator working that state. ## MLO renewals slip first Originator renewals run on a calendar-year cadence that does not match the company's. A mortgage company with a dozen originators in five states is tracking dozens of individual renewals, and the first thing that slips is usually an [[term:mlo]] who left the company partway through the year but is still on the [[term:nmls]] roster. ## Avoidable suspensions Most suspensions are the same shape as in other regulated industries. The state mailed a notice, it landed at a stale [[term:registered-agent]] address, no one read it, and the deadline passed. The calendar generator below turns your company and originator license list into a per-state renewal schedule with windows, typical fees, and a downloadable .ics file. [[tool:renewal-calendar]]