Wells Fargo sells most of its commercial mortgage servicing to Trimont
Briefly

Wells Fargo's strategic exit from certain mortgage sectors aims to reduce risk by focusing on core consumer and corporate services, while enhancing partnership prospects with Trimont.
The acquisition is projected to make Trimont the largest servicer of multifamily and commercial loans in the U.S., expanding their market share significantly.
Read at www.housingwire.com
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