🟢 At a Glance
The latest 10-D/A amendment for Wells Fargo Commercial Mortgage Trust 2022-C62 just exposed a rare CMBS twist: a $1.18 million overpayment to Class A-2 bondholders in March, now being clawed back. As a result, April and May distributions were underpaid for multiple tranches. The fix? Ask nicely for the money back… and hope nobody spends it.
🧾 Quick Recap: What Happened?
- Trust Name: Wells Fargo Commercial Mortgage Trust 2022-C62
- Report Type: 10-D/A (Amendment to April 2025 distribution filing)
- Period Covered: March 18, 2025 to April 17, 2025
- Filed: June 2, 2025
The amendment revises Exhibit 99.1 to correct payment information due to a misreported unscheduled principal repayment.
💥 What Went Wrong
- The trust received $3.68M in unscheduled principal repayment from Midtown Central Square Loan (#3) in March.
- Turns out, only $2.5M should’ve been distributed.
- That means a $1,184,682.74 overpayment was made to Class A-2 bondholders in March.
👎 Oops.
🔁 Clawback Fallout:
