(1) A mortgage servicer licensee shall compile and submit a report to the department 45 days after the end of each quarter. The quarter end dates are March 31, June 30, September 30, and December 31.

(2) At the servicer's election, each servicer shall submit either the expanded mortgage call report (MCR) through the NMLS or the Quarterly Statement for Mortgage Servicing Activity dated September 3, 2015, for every quarter during which it held a license.

(3) The Quarterly Statement for Mortgage Servicing Activity dated September 3, 2015, which is adopted and incorporated by reference, is available on the division's web site at http://banking.mt.gov/Home/Forms#164912243-loan-servicers.