Trimont will acquire a segment of Wells Fargo’s loan servicing business, bringing roughly $475 billion of loans Trimont’s way, the companies announced Tuesday. The Atlanta-based firm will buy Wells ...

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 ...

Wells Fargo & Co. said Tuesday it’s selling what’s described as the largest servicer of securitized commercial-real-estate debt in the U.S. to Trimont, a loan-service provider backed by private-equity ...

Wells Fargo (NYSE:WFC) has agreed to sell the non-agency third-party commercial mortgage servicing segment of its commercial mortgage servicing business to Trimont LLC, a commercial real estate loan ...

Wells Fargo & Company WFC has announced a definitive agreement to divest its non-Agency third-party servicing segment of its Commercial Mortgage Servicing (CMS) business to Trimont. The transaction is ...

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 ...

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's said average loans outstanding in Q3 rose 2% from a year ago to $928.7 billion, the first time the portfolio grew since Q2 2023. Among the drivers of the growth was higher commercial and ...

During the fourth quarter, Wells Fargo's net loan charge-offs rose to 0.53% of average loans, which was up by 17 basis points from the third quarter. Losses on office loans, along with consumer credit ...