A £300 million ($396 million) portfolio of mortgages linked to collapsed lender Market Financial Solutions Ltd. looks to never have been registered with public property records, according to court filings, threatening to complicate lenders’ efforts to establish their claims over the underlying assets.
Collapsed Lender MFS Said to Have Never Registered £300 Million of Mortgages
A £300 million ($396 million) portfolio of mortgages linked to collapsed lender Market Financial Solutions Ltd. looks to never have been registered with public property records, according to court filings, threatening to complicate lenders’ efforts to establish their claims over…
This article was originally published by
Bloomberg Markets
and is republished here under license.
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