M&A - Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33
Form Type: 8-K
Filing Date: 2025-03-03
Corporate Action: Acquisition
Type: New
Accession Number: 000188852425003987
Filing Summary: Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33 reported that Trimont LLC will serve as the master servicer under the pooling and servicing agreement. As of March 1, 2025, Trimont completed the acquisition of the third-party servicing segment of Wells Fargo Bank's commercial mortgage servicing business (the 'CMS Transaction'). This acquisition was not inclusive of servicing rights for loans originated for Fannie Mae, Freddie Mac, and FHA/Ginnie Mae, which will continue with Wells Fargo. Trimont's operational integration with CMS is in progress, including the transfer of employees, systems, and procedures. The document includes ratings from major agencies for Trimont as a master servicer, which are currently on 'Rating Watch' during the integration period. There are no ongoing lawsuits or legal proceedings against Trimont that would materially affect the certificateholders. The transitions involve a 12-month Transition Services Agreement (TSA) with Wells Fargo to support the CMS integration, which may be extended for an additional six months. The document also summarizes Trimont's loan servicing capabilities and portfolio details.
Additional details:
Cik Number: 0001547361
Issuing Entity Name: Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33
Registrant Name: Morgan Stanley Capital I Inc.
Sponsor Name 1: Morgan Stanley Mortgage Capital Holdings LLC
Sponsor Name 2: Bank of America, National Association
Sponsor Name 3: KeyBank National Association
Master Servicer Name: Trimont LLC
Cms Acquisition Closing Date: 2025-03-01
Transition Services Agreement Duration: 12 months
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