Collapsed Lender MFS Said to Have Never Registered £300 Million of Mortgages

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 the underlying assets. Twinwin Ltd., a company within the wider network of MFS companies, held the mortgage portfolio, but didn’t appear to register the loans, according to the documents, filed on Thursday as part of a petition to liquidate the company. Registration is generally required to protect a lender’s interest in a property and establish priority over other claims.