State News

Vas Guilty

STATE — A federal jury convicted former Assemblyman and Perth Amboy Mayor Joseph Vas of charges of mail fraud, election finance violations and lying to authorities. A federal jury in Newark reached its verdict Friday, Oct. 8, after deliberating for…

Wells Fargo Home Mortgage Agreement Settles NJ “Pick-A-Payment” Mortgage Investigation

TRENTON –Wells Fargo Home Mortgage has agreed to provide New Jersey consumers with nearly $67 million in loan modifications and pay the state $3.98 million to resolve allegations that companies it acquired – Wachovia Corporation, Golden West and World Savings — deceptively marketed adjustable rate mortgage loans, Attorney General Paula T. Dow announced Wednesday.