other material
confidence high
sentiment neutral
materiality 0.60
BMO 2023-C5 Trust corrects distribution error; pays additional $5.6M to three certificate classes
BMO 2023-C5 Mortgage Trust
- Master Servicer notified of backdated curtailment error for loan Oak Street NLP Fund Portfolio (Loan ID 030321678).
- Additional principal distributions: Class A-1 $5,469,908; Class A-2 $6,393; Class VRR $116,898.
- Payment made on March 5, 2026; original distribution was Feb 18, 2026.