Report

Moody's Ratings: No adverse rating impact on 325 US CMBS transactions from the proposed transfers of key servicing roles to Trimont LLC

Moody's Ratings, (Moody's) announced today that the proposed transfer from Wells Fargo Bank, N.A. to Trimont LLC ("Trimont") of the rights and obligations as Servicer and/or Special Servicer under the relevant trust/pooling servicing agreements ("Servicing Agreements"), and the assumption of servici...
Underlyings
20 Times Square Trust 2018-20TS

Ashford Hospitality Trust 2018-KEYS

Atrium Hotel Portfolio Trust 2017-ATRM

Aventura Mall Trust 2018-AVM

BAMLL Commercial Mortgage Securities Trust 2013-WBRK

BAMLL Commercial Mortgage Securities Trust 2014-520M

BAMLL Commercial Mortgage Securities Trust 2021-JACX

Bank of America Merrill Lynch Commercial Mortgage Trust 2016-UBS10

Bank of America Merrill Lynch Commercial Mortgage Trust 2017-BNK3

BANK5 Trust 2024-5YR6

BBCMS Mortgage Trust 2017-C1

BBCMS Mortgage Trust 2019-C4

BBCMS Mortgage Trust 2020-C7

BBCMS Mortgage Trust 2020-C8

Bear Stearns Commercial Mortgage Securities Trust 2006-TOP24

Bear Stearns Commercial Mortgage Securities Trust 2007-PWR15

Benchmark 2024-V12 Mortgage Trust

BFLD Commercial Mortgage Trust 2024-UNIV

BLP Commercial Mortgage Trust 2023-IND

BMO 2024-5C3 Mortgage Trust

BMO 2024-5C8 Mortgage Trust

BPR 2023-STON Mortgage Trust

BX Commercial Mortgage Trust 2021-VINO

BX Commercial Mortgage Trust 2021-XL2

BX Commercial Mortgage Trust 2022-AHP

BX Commercial Mortgage Trust 2022-CSMO

CALI Commercial Mortgage Trust 2024-SUN

CAMB Commercial Mortgage Trust 2019-LIFE

CD 2016-CD2 Mortgage Trust

CD 2017-CD5 Mortgage Trust

CD 2017-CD6 Mortgage Trust

CFCRE 2016-C3 Mortgage Trust

CFCRE 2016-C4 Mortgage Trust

CFCRE 2016-C6 Mortgage Trust

CFCRE 2017-C8 Mortgage Trust

Citigroup Commercial Mortgage Trust 2012-GC8

Citigroup Commercial Mortgage Trust 2013-375P

Citigroup Commercial Mortgage Trust 2014-GC21

Citigroup Commercial Mortgage Trust 2015-GC31

Citigroup Commercial Mortgage Trust 2015-GC33

Citigroup Commercial Mortgage Trust 2015-P1

Citigroup Commercial Mortgage Trust 2016-C1

Citigroup Commercial Mortgage Trust 2016-GC37

Citigroup Commercial Mortgage Trust 2016-P3

Citigroup Commercial Mortgage Trust 2016-P4

Citigroup Commercial Mortgage Trust 2017-B1

Citigroup Commercial Mortgage Trust 2017-P7

Citigroup Commercial Mortgage Trust 2017-P8

Citigroup Commercial Mortgage Trust 2018-C6

Citigroup Commercial Mortgage Trust 2019-C7

COBALT CMBS Commercial Mortgage Trust 2007-C2

COMM 2010-C1Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2010-C1

COMM 2012-CCRE1 Mortgage Trust

COMM 2012-CCRE3 Mortgage Trust

COMM 2012-CCRE4 Mortgage Trust

COMM 2012-LC4 Mortgage Trust

COMM 2013-CCRE10 Mortgage Trust

COMM 2013-CCRE12 Mortgage Trust

COMM 2013-CCRE13 Mortgage Trust

COMM 2013-CCRE6 Mortgage Trust

COMM 2014-CCRE14 Mortgage Trust

COMM 2014-UBS3 Mortgage Trust

COMM 2014-UBS5 Mortgage Trust

COMM 2015-CCRE22 Mortgage Trust

COMM 2015-CCRE24 Mortgage Trust

COMM 2015-CCRE25 Mortgage Trust

COMM 2015-CCRE26 Mortgage Trust

COMM 2015-LC23 Mortgage Trust

COMM 2015-PC1 Mortgage Trust

COMM 2016-CCRE28 Mortgage Trust

COMM 2016-DC2 Mortgage Trust

COMM 2020-CX Mortgage Trust

Countrywide Commercial Mortgage Trust 2007-MF1

Credit Suisse Commercial Mortgage Trust Series 2007-C2

CSAIL 2015-C2 Commercial Mortgage Trust

CSAIL 2015-C4 Commercial Mortgage Trust

CSAIL 2016-C7 Commercial Mortgage Trust

CSAIL 2017-C8 Commercial Mortgage Trust

CSAIL 2018-C14 Commercial Mortgage Trust

CSAIL 2018-CX12 Commercial Mortgage Trust

CSMC 2016-NXSR Commercial Mortgage Trust

CSMC Trust 2017-TIME

DBJPM 2016-C1 Mortgage Trust

DBUBS 2011-LC3 Mortgage Trust

DC Office Trust 2019-MTC

DTP Commercial Mortgage Trust 2023-STE2

FREMF 2017-K67 Mortgage Trust

FREMF 2018-K84 Mortgage Trust

FREMF 2019-K89 Mortgage Trust

FREMF 2020-K116 Mortgage Trust

FREMF 2023-K751 Mortgage Trust

GS Mortgage Securities Corporation II Commercial Mortgages Pass-Through Certificates Series 2010-C1

GS Mortgage Securities Corporation Trust 2012-BWTR

GS Mortgage Securities Trust 2007-GG10

GS Mortgage Securities Trust 2011-GC5

GS Mortgage Securities Trust 2012-GCJ9

GS Mortgage Securities Trust 2013-GC13

GS Mortgage Securities Trust 2013-GCJ14

GS Mortgage Securities Trust 2014-GC22

GS Mortgage Securities Trust 2014-GC26

GS Mortgage Securities Trust 2015-GC34

GS Mortgage Securities Trust 2016-GS4

GS Mortgage Securities Trust 2017-GS7

GS Mortgage Securities Trust 2017-GS8

GS Mortgage Securities Trust 2018-GS9

Hilton USA Trust 2016-HHV

Hilton USA Trust 2016-SFP

Hudson Yards 2016-10HY Mortgage Trust

Hudson Yards 2019-55HY Mortgage Trust

J.P. Morgan Chase Commercial Mortgage Securities Corp. Series 2006-CIBC17

J.P. Morgan Chase Commercial Mortgage Securities Trust 2007-LDP11

J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-C6

J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-CIBX

J.P. Morgan Chase Commercial Mortgage Securities Trust 2014-C20

J.P. Morgan Chase Commercial Mortgage Securities Trust 2016-NINE

J.P. Morgan Chase Commercial Mortgage Securities Trust 2021-2NU

JPMBB Commercial Mortgage Securities Trust 2014-C21

JPMBB Commercial Mortgage Securities Trust 2014-C22

JPMBB Commercial Mortgage Securities Trust 2014-C23

JPMBB Commercial Mortgage Securities Trust 2014-C24

JPMBB Commercial Mortgage Securities Trust 2014-C25

JPMBB Commercial Mortgage Securities Trust 2015-C28

JPMBB Commercial Mortgage Securities Trust 2015-C29

JPMBB Commercial Mortgage Securities Trust 2015-C30

JPMBB Commercial Mortgage Securities Trust 2015-C32

JPMBB Commercial Mortgage Securities Trust 2015-C33

JPMBB Commercial Mortgage Securities Trust 2016-C1

JPMCC Commercial Mortgage Securities Trust 2015-JP1

JPMCC Commercial Mortgage Securities Trust 2016-JP2

JPMCC Commercial Mortgage Securities Trust 2016-JP4

JPMCC Commercial Mortgage Securities Trust 2017-JP7

JPMDB Commercial Mortgage Securities Trust 2016-C2

JPMDB Commercial Mortgage Securities Trust 2016-C4

JPMDB Commercial Mortgage Securities Trust 2017-C5

LB-UBS Commercial Mortgage Trust 2006-C6

LCCM 2017-LC26 Mortgage Trust

LSTAR Commercial Mortgage Trust 2016-4

LSTAR Commercial Mortgage Trust 2017-5

Manhattan West 2020-1MW Mortgage Trust

MCR 2024-TWA Mortgage Trust

MED Commercial Mortgage Trust 2024-MOB

ML-CFC Commercial Mortgage Trust 2007-5

Morgan Stanley Bank of America Merrill Lynch Trust 2012-C6

Morgan Stanley Bank of America Merrill Lynch Trust 2013-C11

Morgan Stanley Bank of America Merrill Lynch Trust 2013-C12

Morgan Stanley Bank of America Merrill Lynch Trust 2014-C16

Morgan Stanley Bank of America Merrill Lynch Trust 2014-C19

Morgan Stanley Bank of America Merrill Lynch Trust 2015-C22

Morgan Stanley Bank of America Merrill Lynch Trust 2015-C23

Morgan Stanley Bank of America Merrill Lynch Trust 2015-C24

Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25

Morgan Stanley Bank of America Merrill Lynch Trust 2015-C26

Morgan Stanley Bank of America Merrill Lynch Trust 2015-C27

Morgan Stanley Bank of America Merrill Lynch Trust 2016-C28

Morgan Stanley Bank of America Merrill Lynch Trust 2016-C29

Morgan Stanley Bank of America Merrill Lynch Trust 2016-C30

Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31

Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32

Morgan Stanley Bank of America Merrill Lynch Trust 2017-C33

Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34

Morgan Stanley Capital I Trust 2005-HQ7

Morgan Stanley Capital I Trust 2006-HQ10

Morgan Stanley Capital I Trust 2006-TOP21

Morgan Stanley Capital I Trust 2007-TOP25

Morgan Stanley Capital I Trust 2011-C3

Morgan Stanley Capital I Trust 2016-BNK2

Morgan Stanley Capital I Trust 2016-PSQ

Morgan Stanley Capital I Trust 2017-HR2

Morgan Stanley Capital I Trust 2018-MP

Morgan Stanley Capital I Trust 2020-HR8

Morgan Stanley Capital I Trust 2021-PLZA

MSWF Commercial Mortgage Trust 2023-2

New York City Housing Development Corporation Multi-Family Mortgage Revenue Bonds (8 Spruce Street), Series 2024

New York Liberty Development Corporation Liberty Revenue Refunding Bonds, Series 2022 (7 World Trade Center Project) (Green Bonds)

NY Commercial Mortgage Trust 2025-299P

NYC Commercial Mortgage Trust 2025-3BP

One Bryant Park Trust 2019-OBP

Palisades Center Trust 2016-PLSD

ROCK Trust 2024-CNTR

SCG 2024-MSP Mortgage Trust

SG Commercial Mortgage Securities Trust 2016-C5

SG Commercial Mortgage Securities Trust 2019-787E

SPGN 2022-TFLM Mortgage Trust

TMSQ 2014-1500 Mortgage Trust

UBS Commercial Mortgage Trust 2012-C1

UBS Commercial Mortgage Trust 2017-C1

UBS Commercial Mortgage Trust 2017-C4

UBS Commercial Mortgage Trust 2017-C6

UBS Commercial Mortgage Trust 2017-C7

UBS Commercial Mortgage Trust 2018-C10

UBS Commercial Mortgage Trust 2019-C17

UBS Commercial Mortgage Trust 2019-C18

UBS-Barclays Commercial Mortgage Trust 2012-C2

UBS-Citigroup Commercial Mortgage Trust 2011-C1

VLS Commercial Mortgage Trust 2020-LAB

Wachovia Bank Commercial Mortgage Trust 2004-C11

Wachovia Bank Commercial Mortgage Trust 2005-C21

Wachovia Bank Commercial Mortgage Trust 2006-C23

Wachovia Bank Commercial Mortgage Trust 2006-C24

Wachovia Bank Commercial Mortgage Trust 2006-C28

Wachovia Bank Commercial Mortgage Trust 2006-C29

WB Commercial Mortgage Trust 2024-HQ

Wells Fargo Comm Mtg Tr 2019-C52

Wells Fargo Commercial Mortgage Trust 2013-LC12

Wells Fargo Commercial Mortgage Trust 2014-LC16

Wells Fargo Commercial Mortgage Trust 2014-LC18

Wells Fargo Commercial Mortgage Trust 2015-C27

Wells Fargo Commercial Mortgage Trust 2015-C28

Wells Fargo Commercial Mortgage Trust 2015-C29

Wells Fargo Commercial Mortgage Trust 2015-C30

Wells Fargo Commercial Mortgage Trust 2015-C31

Wells Fargo Commercial Mortgage Trust 2015-LC20

Wells Fargo Commercial Mortgage Trust 2015-LC22

Wells Fargo Commercial Mortgage Trust 2015-NXS1

Wells Fargo Commercial Mortgage Trust 2015-NXS2

Wells Fargo Commercial Mortgage Trust 2015-NXS3

Wells Fargo Commercial Mortgage Trust 2015-NXS4

Wells Fargo Commercial Mortgage Trust 2015-P2

Wells Fargo Commercial Mortgage Trust 2015-SG1

Wells Fargo Commercial Mortgage Trust 2016-BNK1

Wells Fargo Commercial Mortgage Trust 2016-C32

Wells Fargo Commercial Mortgage Trust 2016-C33

Wells Fargo Commercial Mortgage Trust 2016-C34

Wells Fargo Commercial Mortgage Trust 2016-C35

Wells Fargo Commercial Mortgage Trust 2016-C36

Wells Fargo Commercial Mortgage Trust 2016-C37

Wells Fargo Commercial Mortgage Trust 2016-LC24

Wells Fargo Commercial Mortgage Trust 2016-LC25

Wells Fargo Commercial Mortgage Trust 2016-NXS5

Wells Fargo Commercial Mortgage Trust 2016-NXS6

Wells Fargo Commercial Mortgage Trust 2017-C38

Wells Fargo Commercial Mortgage Trust 2017-C39

Wells Fargo Commercial Mortgage Trust 2017-C40

Wells Fargo Commercial Mortgage Trust 2017-C41

Wells Fargo Commercial Mortgage Trust 2017-C42

Wells Fargo Commercial Mortgage Trust 2017-RB1

Wells Fargo Commercial Mortgage Trust 2017-RC1

Wells Fargo Commercial Mortgage Trust 2017-SMP

Wells Fargo Commercial Mortgage Trust 2018-C43

Wells Fargo Commercial Mortgage Trust 2018-C44

Wells Fargo Commercial Mortgage Trust 2018-C45

Wells Fargo Commercial Mortgage Trust 2018-C46

Wells Fargo Commercial Mortgage Trust 2018-C47

Wells Fargo Commercial Mortgage Trust 2018-C48

Wells Fargo Commercial Mortgage Trust 2019-C49

Wells Fargo Commercial Mortgage Trust 2019-C50

Wells Fargo Commercial Mortgage Trust 2019-C51

Wells Fargo Commercial Mortgage Trust 2019-C53

Wells Fargo Commercial Mortgage Trust 2020-C55

Wells Fargo Commercial Mortgage Trust 2020-C56

Wells Fargo Commercial Mortgage Trust 2020-C57

Wells Fargo Commercial Mortgage Trust 2020-C58

Wells Fargo Commercial Mortgage Trust 2021-C60

Wells Fargo Commercial Mortgage Trust 2021-C61

Wells Fargo Commercial Mortgage Trust 2021-SAVE

Wells Fargo Commercial Mortgage Trust 2022-C62

Wells Fargo Commercial Mortgage Trust 2022-ONL

Wells Fargo Commercial Mortgage Trust 2024-5C1

Wells Fargo Commercial Mortgage Trust 2024-5C2

Wells Fargo Commercial Mortgage Trust 2024-BPRC

Wells Fargo Commercial Mortgage Trust 2024-C63

Wells Fargo Commercial Mortgage Trust 2024-GRP

Wells Fargo Commercial Mortgage Trust 2024-MGP

Wells Fargo Commercial Mortgage Trust 2025-5C3

Wells Fargo Commercial Mortgage Trust 2025-C64

WF-RBS COMMERCIAL MORTGAGE TRUST 2011-C2

WFRBS Commercial Mortgage Trust 2011-C3

WFRBS Commercial Mortgage Trust 2011-C4

WFRBS Commercial Mortgage Trust 2011-C5

WFRBS Commercial Mortgage Trust 2012-C10

WFRBS Commercial Mortgage Trust 2012-C9

WFRBS Commercial Mortgage Trust 2013-C13

WFRBS Commercial Mortgage Trust 2013-C14

WFRBS Commercial Mortgage Trust 2013-C15

WFRBS Commercial Mortgage Trust 2014-C20

WFRBS Commercial Mortgage Trust 2014-C21

WFRBS Commercial Mortgage Trust 2014-C22

WFRBS Commercial Mortgage Trust 2014-C23

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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