Your only mortgage lenders news source! Click on each item to read full story.   QUICK TAKE: Mortgage Lenders Sued for Deceptive Foreclosure Practices read story New York Attorney General Eric Schneiderman announced on Friday he filed a lawsuit against Bank of America, JPMorgan Chase and Wells Fargo accusing them of engaging in “deceptive and fraudulent foreclosure filings.”   Mortgage lenders offers states new terms for draft settlement over mass foreclosures read story The nation's five largest mortgage lenders have offered a draft settlement to pay out as much as $25 billion to cover new terms for homeowners driven out by foreclosure, but government officials said Monday the states won't be able to close the deal before President Obama's State of the Union address on Tuesday.    Prospect Mortgage Announces Inaugural Rookie Loan Officer Training Program read story SHERMAN OAKS, Calif., Jan. 31, 2012 /PRNewswire/ -- Prospect Mortgage, one of the nation's largest independent residential retail mortgage lenders, has launched a Rookie Loan Officer Training Program, ...   Aussie mortgage lenders urged to boost capital levels read story Australia's major mortgage lenders have been advised to increase their capital stocks as a safety measure should the property industry crash.A stress test conducted by the Internationa   Mortgage lenders agree to industry overhaul read story The nation's five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said Monday.   5 largest U.S. mortgage lenders accept reforms read story The nation's five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said Monday. A draft settlement between the banks and U.S. states has been sent to state officials for review.   Citigroup To Stop Making Mortgages Through Brokers read story Citigroup Inc. (C), one of the U.S.'s largest mortgage lenders, will stop originating home loans through brokers.   Citi Becomes Latest Bank to Cut Off Mortgage Brokers read story Citi put another nail in the coffin of the mortgage brokerage business: It will stop originating home loans through brokers.   Major mortgage lenders agree to overhaul read story Associated Press Monday, January 23, 2012 WASHINGTON — The nation's five largest mortgage lenders — Bank of America, JPMorgan Chase, Wells Fargo, Citibank and Ally Financial — have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said Monday. A draft settlement between the banks and U.S. states has been sent to ...   California calls mortgage settlement "inadequate" read story California officials are refusing to sign a proposed settlement between U.S. states and the nation's biggest mortgage lenders over deceptive foreclosure practices, calling it "inadequate."