News Formal

Wells Fargo to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 20 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Trimont ニュース

Commercial Mortgage

The move comes as the banking sector in the United States faces increasing pressure due to elevated interest rates and challenges in the commercial real...

- Wells Fargo will sell its non-agency third-party Commercial Mortgage Servicing business to global commercial real estate loan services provider Trimont, the companies said on Tuesday.

The deal, for which no value was disclosed, is expected to close in early 2025, pending certain conditions, and will result in Trimont managing over $715 billion in U.S. and international commercial real estate loans. Funding for the transaction will be provided by Värde Partners, an alternative investment firm, which acquired and has owned Trimont through certain funds since 2015.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 47. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Global investment bank expects BoC to cut rates faster, more aggressively than it previously thoughtPlus, Wells Fargo sees more downside for the S&P 500
ソース: globeandmail - 🏆 5. / 92 続きを読む »

US shale companies produce more crude using fewer rigsProducers are extending their wells to as much as three miles, squeezing more wells onto a single drilling pad and fracking several wells at once, boosting...
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »