BANK 2018-BNK14 8-K

What Happened
BANK 2018-BNK14 filed an 8-K (Item 8.01) announcing that, effective May 7, 2026, Torchlight Loan Services, LLC has been appointed special servicer for the Anderson Towne Center mortgage loan and related pari passu and subordinate promissory notes (the “Anderson Towne Center Non-Serviced Loan Combination”). Torchlight replaces Mount Street US (Georgia) LLP and was appointed at the direction of Deer Park Road Management Company, LP, the directing certificateholder under the BANK 2018-BNK13 pooling and servicing agreement (the “BANK 2018-BNK13 PSA”).

Key Details

• Effective date of appointment: May 7, 2026.
• New special servicer: Torchlight Loan Services, LLC; prior special servicer: Mount Street US (Georgia) LLP.
• Appointment directed by: Deer Park Road Management Company, LP (directing certificateholder under the BANK 2018-BNK13 PSA).
• Scope: Torchlight will handle servicing and administration if the loan combination becomes specially serviced (including any related REO) and will process/perform certain reviews of material actions when not specially serviced; servicing remains governed by the BANK 2018-BNK13 PSA.

Why It Matters
A change in the special servicer affects who manages distressed loan workouts, enforcement actions and any real estate owned (REO) disposition tied to the Anderson Towne Center loan. Because the appointment was made by the directing certificateholder, it reflects investor-side direction under the BANK 2018-BNK13 PSA. Investors in the related securitization should note the new servicer relationship and that the legal terms governing servicing (the PSA) remain unchanged.