M&A - BANK 2018-BNK12

Form Type: 8-K

Filing Date: 2025-03-03

Corporate Action: Acquisition

Type: New

Accession Number: 000188852425003270

Filing Summary: This report details the acquisition of the third party servicing segment of Wells Fargo Bank's commercial mortgage servicing business by Trimont LLC, effective March 1, 2025. Trimont will now act as the general master servicer under various pooling and servicing agreements, including those for multiple mortgage loans. The report provides insights into Trimont's servicer ratings from Fitch, S&P, and Morningstar DBRS, highlighting the expected integration of CMS policies into Trimont's servicing practices and the operational strategies during the transition. It also outlines the commitments and responsibilities transitioning from Wells Fargo to Trimont, including the management of servicing agreements.