other material
confidence high
sentiment neutral
materiality 0.35
BMO 2026-5C14 transfers Compass Storage Whole Loan servicing to Benchmark 2026-V22
BMO 2026-5C14 Mortgage Trust
- On May 26, 2026, the Servicing Shift Lead Note for Compass Storage National Portfolio Whole Loan was contributed to Benchmark 2026-V22 securitization.
- Servicing transferred from BMO 2026-5C14 pooling agreement to Benchmark 2026-V22 pooling agreement dated May 1, 2026.
- New servicing terms: special servicing fee 0.25% p.a. (min $3,500/mo), workout fee 1% (min $25k, max $1M), liquidation fee 1% (max $1M, min $25k).
- Inspection of Mortgaged Property: annually if outstanding balance >=$2M, else every other year, starting 2027.