M&A - WFRBS Commercial Mortgage Trust 2014-C25

Form Type: 8-K

Filing Date: 2025-02-28

Corporate Action: Acquisition

Type: New

Accession Number: 000188852425003207

Filing Summary: On February 28, 2025, WFRBS Commercial Mortgage Trust 2014-C25 reported a corporate action regarding the acquisition of Trimont LLC as the new master servicer under the pooling and servicing agreement, taking over the commercial mortgage servicing business segment from Wells Fargo Bank, National Association. This transition is effective as of March 1, 2025, following the CMS Acquisition Closing Date. Trimont’s responsibilities include servicing of a significant portfolio of commercial and multifamily loans, with a focus on complying with servicing standards and leveraging expertise accumulated over 15 years in the industry. Trimont's ratings by agencies such as Fitch and S&P have been noted, with some placed on 'Rating Watch' due to the integration of the CMS segment. Additionally, a Transition Services Agreement (TSA) is established to facilitate operational support from Wells Fargo for a period post-acquisition.

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