M&A - BANK 2018-BNK15
Form Type: 8-K
Filing Date: 2025-03-03
Corporate Action: Acquisition
Type: New
Accession Number: 000188852425003278
Filing Summary: Trimont LLC will act as the general master servicer under the pooling and servicing agreement as of the CMS Acquisition Closing Date (March 1, 2025), when it acquired the third-party servicing segment from Wells Fargo Bank, National Association. The CMS Transaction did not include servicing rights and obligations related to loans originated for Fannie Mae, Freddie Mac, and FHA/Ginnie Mae, which will continue to be serviced by Wells Fargo. The CMS operates with a new servicing platform that supports its operations and includes existing Trimont systems for loan servicing. Trimont and Wells Fargo entered into a Transition Services Agreement (TSA) for support services during the transition. Trimont has received ratings from Fitch, S&P, and Morningstar for its servicing capabilities. No servicer event of default has occurred under any of Trimont's servicer obligations, showcasing their compliance and operational integrity.
Additional details:
Central Index Key Number: 0001756271
Acquisition Date: 2025-03-01
Trimont Master Servicer: yes
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