other_material
confidence high
sentiment negative
materiality 0.55
CMBS Trust 2022-C62: Special servicer claws back principal from Midtown Central Square loan, causing over/underpayments
Wells Fargo Commercial Mortgage Trust 2022-C62
- Clawback reduced unscheduled principal from $3,684,682.74 to $2,500,000.00, overpaying Class A-2 by $1,184,682.74 in March distribution.
- Underpayment of interest to Class A-2, A-S, B, C, G-RR, H-RR, X-A, X-D, X-F for April ($4,903.76) and May ($4,745.59).
- Certificate administrator reclaimed overpayment; additional interest to underpaid classes expected on or before next distribution date.
- Remaining funds after interest adjustments will be returned to the special servicer.
item 6.04