The bank’s financial report revealed that Wells Fargo’s total allowance for credit losses (ACL) increased modestly by $16 ...

The bank has managed to reduce its total number of troubled CRE loans over the last year despite adding 90 more loans for ...

Wells Fargo Finds CRE Holding Steady in the First Quarter Transaction activity increased significantly, reaching $98 billion.

Amid ongoing pressures in commercial real estate, Wells Fargo has reached an agreement to sell a big piece of its CRE mortgage servicing business.

“Some semblance of stability may have arrived for commercial real estate,” the Wells Fargo economics team said.

Wells Fargo (WFC) agrees to sell its non-Agency third-party servicing segment of its CMS business to Trimont. This decision allows the bank to focus more on its core business activities.

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.

In our view, Wells’ 3Q results are another indicator that CRE lending is very likely heading towards a severe crisis, and given its large size, this is a major risk for the stability of the ...

Wells Fargo is selling the non-agency third-party servicing segment of its commercial mortgage servicing business to Atlanta-based Trimont, the companies announced Tuesday.

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 ...

Trimont will acquire a segment of Wells Fargo's loan servicing business as part of a new transaction announced on Tuesday.