M&A - BANK 2022-BNK41

Form Type: 8-K

Filing Date: 2025-03-03

Corporate Action: Acquisition

Type: New

Accession Number: 000188852425003996

Filing Summary: On March 1, 2025, it was reported that Trimont LLC acquired the third-party servicing segment of Wells Fargo Bank's commercial mortgage servicing business. This acquisition, referred to as the CMS Transaction, does not include servicing rights related to loans originated for Fannie Mae, Freddie Mac, and FHA/Ginnie Mae, which will continue to be serviced by Wells Fargo. As of the acquisition closing date, Trimont began acting as the master servicer under multiple pooling and servicing agreements. The CMS Transaction included the transfer of relevant CMS employees, systems, technologies, and procedures to Trimont, and a Transition Services Agreement was established between Wells Fargo and Trimont for support services for 12 months, with options for extensions.