Bloomberg reports that banking regulators have been communicating with state attorneys-general on new rules for mortgage servicers to follow when dealing with homeowners who are delinquent and may fall into foreclosure.  These rules, called “consent decrees”, may be issued by regulators to a possible 14 servicers, including Bank of America Corp. and Wells Fargo & Co. (NYSE: WFC), and will also require them to upgrade their auditing and risk management methods.  The regulators are considering levying penalties against the servicers, some of whom have been sued by non-governmental parties.  New York Attorney General Eric Schneiderman expressed concern that any agreements made between the servicers and the federal regulators not preclude separate state investigations of servicer errors if warranted.