M&A - COMM 2013-CCRE13 Mortgage Trust

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Form Type: 8-K

Filing Date: 2025-02-28

Corporate Action: Acquisition

Type: New

Accession Number: 000102024225000025

Filing Summary: On February 28, 2025, COMM 2013-CCRE13 Mortgage Trust reported a significant acquisition involving Trimont LLC, which will act as the master servicer under the pooling and servicing agreement. Trimont acquired the third-party servicing segment of Wells Fargo Bank, enhancing its capacity to manage a larger portfolio of commercial and multifamily loans. The document details Trimont's extensive experience in loan servicing and outlines the integration process following the acquisition, including the transition period under a Transition Services Agreement (TSA) with Wells Fargo. Various operational details about Trimont’s servicing procedures, compliance measures, and performance ratings by major credit agencies are provided, reflecting its substantial capabilities in servicing commercial mortgage loans.

Document Link: View Document

Additional details:

Servicer Name: Trimont LLC


Acquisition Closing Date: 2025-03-01


Cms Transaction Details: Trimont acquired Wells Fargo's commercial mortgage servicing business segment, excluding Fannie Mae, Freddie Mac, and FHA/Ginnie Mae loans.


Servicer Ratings Info: Trimont holds ratings from Fitch, S&P, and Morningstar DBRS as a master servicer, primary servicer, and special servicer.


Transition Services Agreement Duration: 12 months with two 3-month extension options


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