Megbank says deal fits effort to sharpen focus on core consumer and corporate clients Wells Fargo & Co. said Tuesday it's selling what's described as the largest servicer of securitized ...

Self-storage operator Mini Mall Storage has secured $180 million of commercial mortgage-backed securities (CMBS) debt to refinance a national self-storage portfolio, Commercial Observer has learned.

Gary Barnett’s Extell Development is the new owner of a loan on a Midtown development site, according to city records made public last week. The developer bought the $50 million loan on the property ...

Wells Fargo agreed to sell most of its commercial mortgage servicing business to Trimont, ceding the title of biggest U.S. commercial and multifamily mortgage servicer to the Atlanta-based firm.

Wells Fargo & Co. said Monday it has entered into a definitive agreement to sell its non-agency, third-party servicing segment of its Commercial Mortgage Servicing business to Trimont. The transaction ...

ATLANTA, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Trimont, the leading global commercial real estate loan services provider, has entered into a definitive agreement to purchase Wells Fargo’s non-agency third ...

1336 ET -- Wells Fargo & Co. is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. Wells Fargo said its commercial loans fell in the ...

Trimont has reached a deal to acquire part of Wells Fargo’s loan business that would make the Atlanta-based firm the largest loan servicer in the United States. Trimont plans to buy Wells Fargo’s ...

Wells Fargo continues to whittle away at its pile of shaky office loans while beating earnings estimates, but Wall Street investors aren’t impressed. The bank cut the value of its nonaccruing ...

NEW YORK (Reuters) - For one day, at least, the Wells Fargo stagecoach was knocked off track. Wells Fargo unnerved investors on Wednesday by reporting a 45 percent increase in nonperforming assets to ...

A division of the bank sued Your Boat Club over an alleged $4.5 million loan default, and wants a court order for its collateral.