M&A - BANK 2017-BNK8

Form Type: 8-K

Filing Date: 2025-03-04

Corporate Action: Acquisition

Type: New

Accession Number: 000188852425004062

Filing Summary: On March 1, 2025, BANK 2017-BNK8 reported that Trimont LLC has been appointed as the general master servicer, effective as of the CMS Acquisition Closing Date. Trimont acquired the third-party servicing segment of Wells Fargo Bank’s commercial mortgage servicing business. This acquisition included the transfer of Wells Fargo's servicing agreements for loans not originated for Fannie Mae, Freddie Mac, and FHA/Ginnie Mae. Trimont is now responsible for servicing various mortgage loans and anticipates incorporating policies from the CMS segment into its operations. The transition is supported by a Transition Services Agreement (TSA) with Wells Fargo, which will provide operational assistance for 12 months post-acquisition. Trimont's ratings from major agencies are described, with some ratings placed on watch due to the acquisition. The report outlines Trimont's operational structure, its various servicing roles, and its servicing capabilities, emphasizing compliance with servicing standards and ongoing integration following the acquisition.

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