Wells Fargo Selling CRE Servicing To Trimont

Wells Fargo Selling CRE Servicing To Trimont

ByTMN Editor Reading Time: 2 minutes

Atlanta-based Trimont, a global CRE loan services provider and partner for lenders, is set to buy the non-Agency third-party servicing segment of Wells Fargo’s commercial mortgage servicing business. The company will take over servicing for around $475 billion of loans. The deal’s terms were not disclosed, but the transaction should be completed in early 2025….

Rene Gonzales Named Cenlar CTO

Rene Gonzales Named Cenlar CTO

ByTMN Editor Reading Time: 1 minute

Rene Gonzales has been promoted to Chief Technology Officer at Cenlar FSB, the company announced in a press release. Cenlar FSB is headquartered in New Jersey and services loans nationally. It is an employee-owned company with about 3,000 workers. “I look forward to being the CTO and continuing our efforts to deploy innovative technology that…

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