10-K - WFRBS Commercial Mortgage Trust 2012-C10 (0001561726) (Filer)

Mon, Mar 24, 4:07 PM (27 days ago)

**Summary of WFRBS Commercial Mortgage Trust 2012-C10 (Ticker: Not Listed)** **Financial Performance:** - The document does not provide specific financial figures for revenue, net income, or operating expenses. **Strategic Overview:** - The trust focuses on commercial mortgage-backed securities, with a significant asset being the Republic Plaza Mortgage Loan, constituting approximately 9.6% of the asset pool. - The trust has undergone changes in its asset pool, with the Concord Mills Mortgage Loan no longer being an asset. **Future Outlook:** - The trust continues to be serviced and administered under the Pooling and Servicing Agreement for the WFRBS 2013-C11 Transaction. - The trust's future performance will depend on the performance of its underlying mortgage loans and the effectiveness of its servicing arrangements. **Risk Factors:** - The document does not provide specific risk factors, but the trust's performance is subject to risks associated with commercial mortgage-backed securities, including credit risk, prepayment risk, and market risk. **Financial Condition:** - The trust's financial condition is not explicitly detailed, but it is subject to the performance of its underlying mortgage loans and the terms of its servicing agreements. **Market Position Changes:** - The trust's market position has not changed significantly, as it continues to be serviced under the same agreements. - The trust has faced legal proceedings related to the servicing of its mortgage loans, but these have been resolved or are in the process of being resolved. **Legal Proceedings:** - The trust has been involved in several legal proceedings related to the servicing of its mortgage loans, including disputes over the allocation of proceeds and breaches of fiduciary duties. - The trust has also been involved in litigation related to residential mortgage-backed securities and student loans, but these are not directly related to the trust's commercial mortgage-backed securities. **Servicing Arrangements:** - Wells Fargo Bank, National Association serves as the master servicer and certificate administrator of the mortgage loans serviced under the Pooling and Servicing Agreement. - The trustee, U.S. Bank Trust Company, National Association, has not performed any servicing functions during the reporting period. - The trust has engaged several other entities to perform specific servicing functions, including CoreLogic Solutions, LLC and Computershare Trust Company, National Association. **Conclusion:** - WFRBS Commercial Mortgage Trust 2012-C10 is a commercial mortgage-backed securities trust that has undergone changes in its asset pool and has been involved in legal proceedings related to the servicing of its mortgage loans. - The trust's future performance will depend on the performance of its underlying mortgage loans and the effectiveness of its servicing arrangements.