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Monitor Begins Work Overseeing $25 Billion Mortgage Pact

The man charged with making sure banks comply with a $25 billion mortgagesettlement has a website, one employee and subleased space in a Raleigh, North Carolina, office tower.

Plaza Hotel May Sell For $600M To India's Sahara Group

India's Sahara Group is eyeing New York City's iconic Plaza Hotel after Israeli owners at El Ad Properties have offered to sell the landmark for $600 million. According to the Economic Times, the Sahara group has already paid a 10 percent down payment for the 105-year-old building following exclusive negotiations between the two real-estate conglomerates. Furthermore, Sahara's founder, Subrata Roy, has made an all-cash offer through Aamby, a Mauritius-based subsidiary, according to the ...

Feature : In Foreclosures, Occupy Groups See a Unifying Cause

Feature : In Foreclosures, Occupy Groups See A Unifying Cause Feature : In Foreclosures, Occupy Groups See a Unifying Cause Mercedes Robinson-Duvallon turned 83 in February, but there was little time for celebration.