M&A - BANK 2022-BNK39
Form Type: 8-K
Filing Date: 2025-03-03
Corporate Action: Acquisition
Type: New
Accession Number: 000188852425003329
Filing Summary: On February 28, 2025, BANK 2022-BNK39 filed a Form 8-K to report the acquisition of the third-party servicing segment, known as CMS, from Wells Fargo Bank, National Association by Trimont LLC, effective as of March 1, 2025. This acquisition includes various mortgage servicing functions and related employee transfers aimed at enhancing Trimont’s servicing capabilities. The document details Trimont's role as the general master servicer under various pooling and servicing agreements and highlights its servicing ratings by Fitch, S&P, and Morningstar. The acquisition signifies a strategic expansion for Trimont, positioning them as a stronger market player in commercial mortgage servicing.
Additional details:
Cik: 0001902565
Servicer Name: Trimont LLC
Acquired Segment: third party servicing segment of Wells Fargo
Acquisition Date: 2025-03-01
Rating Fitch Primary Servicer: CPS2 Strong
Rating S P Primary Servicer: MOR CS2
Rating Morningstar Primary Servicer: MOR CS2
Transition Period Support Duration: 12 months with two 3-month extensions
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