Wells Fargo is marketing $988.4 million of securities backed by smaller commercial mortgage, but the collateral has many of the same features – namely credit barbelling, as many recent deals.

Wells Fargo Commercial Mortgage Trust 2015-C31 is backed by pool of 102 loans and the average loan size for the pool is $9.8 million; smaller; that compares with an average of $15 million for other conduits rated by Fitch Ratings this year.

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