BANK 2022-BNK44 Details Major Servicing Shift, Legal Risks

TL;DR

**This mortgage pool's servicing just got a major overhaul with Trimont taking the reins, but watch out for that Wilmington Trust lawsuit – it's a potential headache for investors.**

AI Summary

BANK 2022-BNK44, a mortgage pool, filed its 10-K for the fiscal year ended December 31, 2025, primarily detailing changes in its servicing structure rather than financial performance, as most financial items were omitted. A significant business change occurred on March 1, 2025, when Trimont LLC acquired Wells Fargo Bank, National Association's commercial mortgage servicing business, taking over as master, primary, and special servicer for the BANK 2022-BNK44 pooling and servicing agreement and related Outside Pooling and Servicing Agreements. The filing also highlighted specific mortgage loans within the pool, such as the Constitution Center mortgage loan serviced under MSC 2022-L8, the One Campus Martius mortgage loan under Benchmark 2022-B36, and the High Street mortgage loan under BANK 2022-BNK43. A key risk identified is a civil complaint filed on February 3, 2026, against Wilmington Trust, National Association for alleged breaches of contract and duties related to its roles as custodian and indenture trustee in other asset-backed securitization transactions, though the specific financial impact on BANK 2022-BNK44 is unspecified. The strategic outlook emphasizes compliance with Regulation AB, with various parties' roles in servicing functions clarified, such as Midland Loan Services and LNR Partners, LLC being reporting 'servicing function participants' for loans constituting more than 5% but less than 10% of the mortgage pool.

Why It Matters

This 10-K is crucial for investors in BANK 2022-BNK44 as it outlines a significant change in servicing operations with Trimont LLC replacing Wells Fargo Bank, National Association, which could impact loan performance and investor distributions. The legal proceedings against Wilmington Trust, National Association, a trustee in this structure, introduce potential counterparty risk, even if indirectly, for certificateholders. For employees, the acquisition of Wells Fargo's servicing arm by Trimont LLC signals a shift in employment and operational focus within the commercial mortgage servicing sector. The competitive landscape sees Trimont LLC expanding its market share in commercial mortgage servicing, potentially intensifying competition among specialized servicers.

Risk Assessment

Risk Level: medium — The risk level is medium due to the significant change in servicing parties, with Trimont LLC replacing Wells Fargo Bank, National Association as of March 1, 2025, which introduces operational transition risk. Additionally, the civil complaint filed on February 3, 2026, against Wilmington Trust, National Association, a trustee, for alleged breaches of contract in other securitizations, presents a material legal risk that could indirectly affect the trust's operations or reputation.

Analyst Insight

Investors should closely monitor the performance of Trimont LLC as the new servicer and assess any changes in loan delinquency rates or servicing efficiency. Furthermore, investors should track the legal proceedings against Wilmington Trust, National Association, to understand potential implications for its role as trustee and any broader systemic risks to securitization trusts.

Financial Highlights

total Assets

Not applicable.

total Debt

Not applicable.

Key Numbers

• 2025-12-31 — Fiscal Year End (The period covered by this 10-K filing.)
• 2026-03-23 — Filing Date (Date the 10-K was filed with the SEC.)
• 2025-03-01 — Servicer Transition Date (Date Trimont LLC replaced Wells Fargo Bank, National Association as servicer.)
• 2026-02-03 — Wilmington Trust Lawsuit Date (Date civil complaint was served against Wilmington Trust, National Association.)
• 5% — Servicing Threshold (Threshold for reporting 'servicing function participant' under Regulation AB.)
• 10% — Servicing Threshold (Upper threshold for reporting 'servicing function participant' under Regulation AB.)

Key Players & Entities

• BANK 2022-BNK44 (company) — issuing entity of the mortgage pool
• Trimont LLC (company) — successor master, primary, and special servicer as of March 1, 2025
• Wells Fargo Bank, National Association (company) — former master, primary, and special servicer; sponsor
• Wilmington Trust, National Association (company) — trustee and defendant in a civil complaint
• Morgan Stanley Capital I Inc. (company) — depositor and sponsor
• Midland Loan Services, a Division of PNC Bank, National Association (company) — master servicer for MSC 2022-L8 and Benchmark 2022-B36
• LNR Partners, LLC (company) — special servicer for MSC 2022-L8
• K-Star Asset Management LLC (company) — special servicer for Benchmark 2022-B36 since May 2, 2023
• National Cooperative Bank, N.A. (company) — sponsor and NCB master/special servicer for BANK 2022-BNK43
• CoreLogic Solutions, LLC (company) — servicing function participant

FAQ

Risk Factors

• Wilmington Trust Civil Complaint [medium — legal]: A civil complaint was filed on February 3, 2026, against Wilmington Trust, National Association, alleging breaches of contract and duties in its roles as custodian and indenture trustee for other asset-backed securitization transactions. The specific financial impact on BANK 2022-BNK44 is not detailed.

Industry Context

The commercial mortgage-backed securities (CMBS) market is characterized by complex servicing structures and regulatory oversight. Changes in servicers, like the transition to Trimont LLC, are common and can impact operational efficiency and loan management. The industry faces ongoing scrutiny regarding transparency and compliance, particularly under regulations like Regulation AB.

Regulatory Implications

The filing highlights the importance of compliance with Regulation AB, specifically concerning the disclosure of servicing function participants. The lawsuit against Wilmington Trust, while not directly tied to this pool, raises broader concerns about the integrity of trustee and custodian roles within the securitization industry.

What Investors Should Do

1. Monitor Trimont LLC's performance
2. Assess potential impact of Wilmington Trust lawsuit
3. Review Regulation AB compliance disclosures

Key Dates

• 2025-12-31: Fiscal Year End — Marks the end of the reporting period for the 10-K filing.
• 2026-03-23: Filing Date — Indicates when the 10-K was submitted to the SEC.
• 2025-03-01: Servicer Transition Date — Trimont LLC took over as master, primary, and special servicer from Wells Fargo Bank, National Association, a significant operational change.
• 2026-02-03: Wilmington Trust Lawsuit Date — Date of a civil complaint against Wilmington Trust, National Association, raising potential concerns about trustee and custodian roles in related transactions.

Glossary

Pooling and Servicing Agreement (PSA)

A legal contract that governs the servicing of mortgage loans within a securitized pool. It outlines the rights and responsibilities of the parties involved, including the servicer, trustee, and certificate holders. (The filing details changes to the PSA for BANK 2022-BNK44 and references specific PSAs for individual mortgage loans like MSC 2022-L8, Benchmark 2022-B36, and BANK 2022-BNK43.)

Regulation AB

SEC rules governing the disclosure requirements for asset-backed securities, including information about the underlying assets, servicers, and the securitization process. (The filing emphasizes compliance with Regulation AB, particularly regarding the reporting of 'servicing function participants'.)

Servicing Function Participant

An entity that performs certain servicing functions for an asset-backed security, as defined under Regulation AB. These participants often need to be disclosed to investors. (Midland Loan Services and LNR Partners, LLC are identified as servicing function participants for loans exceeding 5% but less than 10% of the pool.)

Master Servicer

The primary entity responsible for the day-to-day servicing of a pool of mortgage loans, including collecting payments, managing escrow accounts, and handling delinquencies. (Trimont LLC's appointment as master servicer signifies a key change in the operational structure of the BANK 2022-BNK44 pool.)

Primary Servicer

Handles the direct interaction with borrowers, including payment collection and customer service. (Trimont LLC's role as primary servicer indicates direct responsibility for borrower interactions within the pool.)

Special Servicer

Manages defaulted or specially serviced loans, often involving loan modifications, foreclosures, or other loss mitigation strategies. (Trimont LLC's appointment as special servicer highlights their role in managing distressed assets within the pool.)

Year-Over-Year Comparison

This 10-K filing is notably sparse on financial performance data, with most financial statements omitted. The primary focus is on the significant change in the servicing structure, with Trimont LLC replacing Wells Fargo Bank, National Association as the servicer effective March 1, 2025. A new legal risk has emerged with the civil complaint filed against Wilmington Trust, National Association on February 3, 2026, the implications of which are not yet quantified for this specific pool.

Filing Documents

• bak22b44_10k-2025.htm (10-K) — 114KB
• bak22b44_31.htm (EX-31) — 17KB
• bak22b44_33-1.htm (EX-33.1) — 1420KB
• bak22b44_33-2.htm (EX-33.2) — 3113KB
• bak22b44_33-3.htm (EX-33.3) — 600KB
• bak22b44_33-4.htm (EX-33.4) — 626KB
• bak22b44_33-5.htm (EX-33.5) — 118KB
• bak22b44_33-6.htm (EX-33.6) — 2773KB
• bak22b44_33-8.htm (EX-33.8) — 992KB
• bak22b44_33-9.htm (EX-33.9) — 86KB
• bak22b44_33-10.htm (EX-33.10) — 172KB
• bak22b44_33-15.htm (EX-33.15) — 177KB
• bak22b44_34-1.htm (EX-34.1) — 11KB
• bak22b44_34-2.htm (EX-34.2) — 11KB
• bak22b44_34-3.htm (EX-34.3) — 13KB
• bak22b44_34-4.htm (EX-34.4) — 10KB
• bak22b44_34-5.htm (EX-34.5) — 9KB
• bak22b44_34-6.htm (EX-34.6) — 10KB
• bak22b44_34-8.htm (EX-34.8) — 693KB
• bak22b44_34-9.htm (EX-34.9) — 8KB
• bak22b44_34-10.htm (EX-34.10) — 9KB
• bak22b44_34-15.htm (EX-34.15) — 9KB
• bak22b44_35-1.htm (EX-35.1) — 999KB
• bak22b44_35-2.htm (EX-35.2) — 1289KB
• bak22b44_35-3.htm (EX-35.3) — 2577KB
• bak22b44_35-4.htm (EX-35.4) — 2224KB
• bak22b44_35-5.htm (EX-35.5) — 79KB
• bak22b44_35-6.htm (EX-35.6) — 1086KB
• 0001888524-26-005035.txt ( ) — 19246KB

financial statements

financial statements. Not applicable. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to 240.10D-1(b). Not applicable. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ___ No X non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter. Not applicable. Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Not applicable. Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date. Not applicable. DOCUMENTS INCORPORATED BY REFERENCE List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated: (1)Any annual report to security holders; (2) Any proxy or information statement; and (3)Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980). Not applicable. EXPLANATORY NOTES The BANK 2022-BNK44 mortgage pool includes the following mortgage loans, each of which is serviced pursuant to a separate pooling and servicing agreement (each, an "Outside Pooling and Servicing Agreement"

of Regulation AB, as specified in the Instruction to Item 1123

Item 1123 of Regulation AB, as specified in the Instruction to Item 1123. Greystone Servicing Company LLC is the special servicer under the BANK 2022-BNK43 pooling and servicing agreement, pursuant to which the High Street mortgage loan is serviced. Because Greystone Servicing Company LLC is not the BANK 2022-BNK44 special servicer, is not affiliated with any sponsor and services only the High Street mortgage loan, which constitutes less than 5% of the mortgage pool, Greystone Servicing Company LLC, as BANK 2022-BNK43 special servicer, does not constitute a reporting "servicing function participant" for purposes of Item 1122 of Regulation AB, as specified in the Instruction 3 to

, and does not constitute a reporting "servicer" for purposes of Item

Item 1122, and does not constitute a reporting "servicer" for purposes of Item 1123 of Regulation AB, as specified in the Instruction to Item 1123. Effective as of March 1, 2025, Trimont LLC purchased the third party servicing segment of Wells Fargo Bank, National Association's commercial mortgage servicing business and replaced Wells Fargo Bank, National Association in its capacities as master servicer, primary servicer and special servicer, as applicable, under the BANK 2022-BNK44 pooling and servicing agreement and each Outside Pooling and Servicing Agreement. In addition, each of the following parties engaged the services of certain servicing function participants and sub-servicers for the reporting period, as set forth below: Wells Fargo Bank, National Association, as master servicer, engaged the services of CoreLogic Solutions, LLC as a servicing function participant in respect of the entire mortgage pool for the reporting period. Wells Fargo Bank, National Association, as master servicer under the BANK 2022-BNK43 pooling and servicing agreement, pursuant to which the High Street mortgage loan is serviced, engaged the services of CoreLogic Solutions, LLC as a servicing function participant in respect of the High Street mortgage loan for the reporting period. Effective as of March 1, 2025, Trimont LLC, as the successor to Wells Fargo Bank, National Association in each of its servicing capacities described above, engaged CoreLogic Solutions, LLC to act as a servicing function participant with respect to the same servicing and reporting functions for which Wells Fargo Bank, National Association engaged CoreLogic Solutions, LLC as described above. PART I Item 1. Business. Omitted. Item 1A. Risk Factors. Omitted. Item 1B. Unresolved Staff Comments. None. Item 1C. Cybersecurity. Omitted. Item 2. Properties. Omitted. Item 3. Legal Proceedings. Omitted. Item 4. Mine Safety Disclosures. Omitted. PART II Item 5.

Financial Statements and

Financial Statements and Supplementary Data. Omitted. Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure. Omitted. Item 9A.

Controls and Procedures

Controls and Procedures. Omitted. Item 9B. Other Information. None. Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections. None. PART III Item 10. Directors, Executive Officers and Corporate Governance. Omitted. Item 11.

Executive Compensation

Executive Compensation. Omitted. Item 12.

Security Ownership of

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. Omitted. Item 13. Certain Relationships and Related Transactions, and Director Independence. Omitted. Item 14. Principal Accountant Fees and Services. Omitted. ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB Item 1112(b) of Regulation AB, Significant Obligor Financial Information. Not applicable. Item 1114(b)(2) of Regulation AB, Significant Enhancement Provider Financial Information. No entity or group of affiliated entities provides any enhancement or other support for the certificates as described under Item 1114 (a) of Regulation AB. Item 1115(b) of Regulation AB, Certain Derivatives Instruments (Financial Information). No entity or group of affiliated entities provides any derivative instruments for the certificates as described under Item 1115 of Regulation AB. Item 1117 of Regulation AB, Legal Proceedings. The registrant knows of no legal proceeding pending against the sponsors, depositor, trustee, issuing entity, servicer contemplated by Item 1108(a)(3) of Regulation AB, originator contemplated by Item 1110(b) of Regulation AB, or other party contemplated by Item 1100(d)(1) of Regulation AB, or of which any property of the foregoing is the subject, that is material to security holders, other than as follows: On February 3, 2026, certain investors served Wilmington Trust, National Association ("WTNA") with a civil complaint, filed in the Supreme Court of the State of New York, County of New York, for an unspecified amount of damages arising from alleged breaches of contract and duties related to WTNA's roles as custodian and indenture trustee for certain Tricolor Holdings, LLC asset-backed securitization transactions. The plaintiffs generally assert causes of action related to WTNA's purported failure to comply with certain provisions related to waterfall payments, servicing transition costs and post-event of default duties and relat

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