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July 20, 2018  

Wells Still Dominates Master Servicers; Key Pulls Ahead of Midland

Wells Fargo prolonged its run as the most successful bidder for master-servicing contracts on commercial MBS offerings in the first half, while KeyBank moved ahead of Midland Loan Services into second place.As first-half issuance of private-label CMBS swelled to $40.5 billion — up 13% from a year earlier — Wells won the master-servicer contracts on 50.8% of U.S. offerings by dollar volume. That was down from a 61.9% share for the same...

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