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Form 10-D GS Mortgage Securities For: Nov 15

November 29, 2021 3:53 PM EST

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549

FORM 10-D

ASSET BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the monthly distribution period from:   October 14, 2021 to November 15, 2021

Commission File Number of issuing entity:  333-191331-02

Central Index Key Number of issuing entity:  0001594136

GS Mortgage Securities Trust 2014-GC18
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor:  333-191331

Central Index Key Number of depositor:  0001004158

GS Mortgage Securities Corporation II
(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001541001

Citigroup Global Markets Realty Corp.
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001541502

Goldman Sachs Mortgage Company
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001558761

Cantor Commercial Real Estate Lending, L.P.
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001682511

Starwood Mortgage Funding I LLC
(Exact name of sponsor as specified in its charter)

Leah Nivison (212) 902-1000
(Name and telephone number, including area code, of the person to contact in connection with this filing)

New York
(State or other jurisdiction of incorporation or organization of the issuing entity)

38-3925119
38-3925120
38-7111559
(I.R.S. Employer Identification No.)

c/o Computershare Trust Company, N.A., as agent for
Wells Fargo Bank, National Association
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity) (Zip Code)

(410) 884-2000
(Telephone number, including area code)

Not Applicable
(Former name, former address, if changed since last report)

 

Registered/reporting pursuant to (check one)

Title of Class

Section 12(b)

Section 12(g)

Section 15(d)

Name of Exchange (If Section 12(b))

A-1

     

     

  X  

     

A-2

     

     

  X  

     

A-3

     

     

  X  

     

A-4

     

     

  X  

     

A-AB

     

     

  X  

     

A-S

     

     

  X  

     

B

     

     

  X  

     

C

     

     

  X  

     

X-A

     

     

  X  

     

X-B

     

     

  X  

     

PEZ

     

     

  X  

     

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes   X   No      

Part I - DISTRIBUTION INFORMATION

Item 1. Distribution and Pool Performance Information.

On November 15, 2021 a distribution was made to holders of the certificates issued by GS Mortgage Securities Trust 2014-GC18.

The distribution report is attached as an Exhibit to this Form 10-D, please see Item 10(b), Exhibit 99.1 for the related information.

The following table presents the loss information for the trust assets for the GS Mortgage Securities Trust 2014-GC18 in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:

Loss Information as reported on November 15, 2021

Number of Delinquencies 30+ days

% of Delinquencies 30+ days by Pool Balance

Number of Loans/REOs with Losses

Average Net Loss

2

3.59%

3

$17,812,276.87

No assets securitized by GS Mortgage Securities Corporation II (the "Depositor") and held by GS Mortgage Securities Trust 2014-GC18 were the subject of a demand to repurchase for breach of the representations and warranties contained in the underlying transaction documents during the distribution period from October 14, 2021 to November 15, 2021.

The Depositor has filed a Form ABS-15G on February 25, 2021. The CIK number of the Depositor is 0001004158. There is no new activity to report at this time.

Citigroup Global Markets Realty Corp. ("CGMRC"), one of the sponsors, has filed a Form ABS-15G on February 9, 2021. The CIK number of CGMRC is 0001541001. There is no new activity to report at this time.

Goldman Sachs Mortgage Company ("GSMC"), one of the sponsors, has filed a Form ABS-15G on November 12, 2021. The CIK number of GSMC is 0001541502.

Cantor Commercial Real Estate Lending, L.P. ("CCREL"), one of the sponsors, has filed a Form ABS-15G on February 16, 2021. The CIK number of CCREL is 0001558761. There is no new activity to report at this time.

Starwood Mortgage Funding I LLC, one of the sponsors, has filed a Form ABS-15G on January 22, 2021. The CIK number of Starwood Mortgage Funding I LLC is 0001682511. There is no new activity to report at this time.

Part II - OTHER INFORMATION

Item 2.  Legal Proceedings.

Wells Fargo Bank:  In December 2014, Phoenix Light SF Limited and certain related entities and the National Credit Union Administration (NCUA) filed complaints in the United States District Court for the Southern District of New York against Wells Fargo Bank, alleging claims against Wells Fargo Bank in its capacity as trustee for a number of residential mortgage-backed securities trusts. Complaints raising similar allegations have been filed by Commerzbank AG in the Southern District of New York and by IKB International and IKB Deutsche Industriebank in New York state court. In each case, the plaintiffs allege that Wells Fargo Bank, as trustee, caused losses to investors, and plaintiffs assert causes of action based upon, among other things, the trustee’s alleged failure to notify and enforce repurchase obligations of mortgage loan sellers for purported breaches of representations and warranties, notify investors of alleged events of default, and abide by appropriate standards of care following alleged events of default. Wells Fargo Bank previously settled two class action lawsuits with similar allegations that were filed in November 2014 and December 2016 by institutional investors in the Southern District of New York and New York state court, respectively. In addition, Park Royal I LLC and Park Royal II LLC have filed complaints in New York state court alleging Wells Fargo Bank, N.A., as trustee, failed to take appropriate actions upon learning of defective mortgage loan documentation. In March 2021, the Company entered into an agreement to resolve the case filed by the NCUA.

In addition to the foregoing cases, in August 2014 and August 2015 Nomura Credit & Capital Inc. (“Nomura”) and Natixis Real Estate Holdings, LLC (“Natixis”) filed a total of seven third-party complaints against Wells Fargo Bank in New York state court. In the underlying first-party actions, Nomura and Natixis have been sued for alleged breaches of representations and warranties made in connection with residential mortgage-backed securities sponsored by them. In the third-party actions, Nomura and Natixis allege that Wells Fargo Bank, as master servicer, primary servicer or securities administrator, failed to notify Nomura and Natixis of their own breaches, failed to properly oversee the primary servicers, and failed to adhere to accepted servicing practices. Natixis additionally alleges that Wells Fargo Bank failed to perform default oversight duties. Wells Fargo Bank has asserted counterclaims alleging that Nomura and Natixis failed to provide Wells Fargo Bank notice of their representation and warranty breaches.

With respect to each of the foregoing litigations, Wells Fargo Bank believes plaintiffs' claims are without merit and intends to contest the claims vigorously, but there can be no assurances as to the outcome of the litigations or the possible impact of the litigations on Wells Fargo Bank or the related RMBS trusts.

Item 10. Exhibits.

(a) The following is a list of documents filed as part of this Report on Form 10-D:

(99.1) Monthly report distributed to holders of the certificates issued by GS Mortgage Securities Trust 2014-GC18, relating to the November 15, 2021 distribution.

(b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above.

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

GS Mortgage Securities Corporation II
(Depositor)

 

/s/ Leah Nivison
Leah Nivison, CEO

Date: November 29, 2021

 

 

 

     

Distribution Date:

11/15/21

GS Mortgage Securities Corporation II

Determination Date:

11/08/21

 

Next Distribution Date:

12/10/21

 

Record Date:

10/29/21

Commercial Mortgage Pass-Through Certificates

 

 

Series 2014-GC18

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2

Depositor

GS Mortgage Securities Corporation II

 

 

Certificate Factor Detail

3

 

Leah Nivison

(212) 902-1000

 

Certificate Interest Reconciliation Detail

4

 

200 West Street, | New York, NY 10282

 

 

 

 

Master Servicer

Wells Fargo Bank, National Association

 

 

Exchangeable Certificate Detail

5

 

 

 

 

 

 

 

Investor Relations

 

[email protected]

Additional Information

6

 

 

 

 

 

 

 

Three Wells Fargo, MAC D1050-084,401 S. Tryon Street, 8th Floor | Charlotte, NC 28202

 

Bond / Collateral Reconciliation - Cash Flows

7

Special Servicer

LNR Partners, LLC

 

 

Bond / Collateral Reconciliation - Balances

8

 

LNR CMBS Notices

(305) 695-5600

[email protected]

Current Mortgage Loan and Property Stratification

9-13

 

1601 Washington Avenue,Suite 700 | Miami Beach, FL 33139

 

 

Mortgage Loan Detail (Part 1)

14-16

Operating Advisor

Park Bridge Lender Services LLC

 

 

Mortgage Loan Detail (Part 2)

17-19

 

David Rodgers

(212) 230-9025

 

Principal Prepayment Detail

20

 

600 Third Avenue,40th Floor | New York, NY 10016

 

 

Historical Detail

21

Certificate Administrator

Computershare Trust Company, N.A. as agent for Wells Fargo

 

 

 

 

 

Bank, N.A.

 

 

Delinquency Loan Detail

22

 

Corporate Trust Services (CMBS)

 

[email protected];

Collateral Stratification and Historical Detail

23

 

 

 

[email protected]

 

 

 

9062 Old Annapolis Road, | Columbia, MD 21045

 

 

Specially Serviced Loan Detail - Part 1

24

 

 

 

 

 

 

Trustee

Deutsche Bank Trust Company Americas

 

 

Specially Serviced Loan Detail - Part 2

25

 

Karlene Benvenuto

 

[email protected]

Modified Loan Detail

26

 

1761 East St. Andrew Place, | Santa Ana, CA 92705

 

 

Historical Liquidated Loan Detail

27

Controlling Class

BPC AS LLC

 

 

Historical Bond / Collateral Loss Reconciliation Detail

28

Representative

 

 

 

 

 

 

-

 

 

Interest Shortfall Detail - Collateral Level

29

 

 

 

 

 

 

 

, | ,

 

 

Supplemental Notes

30

 

 

 

 

 

This report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.

Please visit www.ctslink.com for additional information and if applicable, any special notices and any credit risk retention notices. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.

   

© Copyright 2021 Computershare. All rights reserved. Confidential.

Page 1 of 30

 


 

 

                         

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

Original

 

 

Pass-Through Rate

 

Beginning

Principal

Interest

Prepayment

 

Total

 

Credit

Credit

Class

      CUSIP

(2)

     Original Balance

Balance

Distribution

Distribution

Penalties

Realized Losses

Distribution

Ending Balance

Support¹

Support¹

Regular Certificates

 

 

 

 

 

 

 

 

 

 

 

A-1

36252RAC3

1.298000%

56,812,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

36252RAF6

2.924000%

116,213,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-3

36252RAJ8

3.801000%

216,747,000.00

179,209,589.83

0.00

567,646.38

0.00

0.00

567,646.38

179,209,589.83

35.11%

30.00%

A-4

36252RAM1

4.074000%

301,979,000.00

301,979,000.00

0.00

1,025,218.70

0.00

0.00

1,025,218.70

301,979,000.00

35.11%

30.00%

A-AB

36252RAQ2

3.648000%

87,793,000.00

38,800,184.48

1,375,173.27

117,952.56

0.00

0.00

1,493,125.83

37,425,011.21

35.11%

30.00%

A-S

36252RAZ2

4.383000%

68,210,000.00

68,210,000.00

0.00

249,137.02

0.00

0.00

249,137.02

68,210,000.00

26.58%

23.88%

B

36252RBC2

4.885000%

76,563,000.00

76,563,000.00

0.00

311,675.21

0.00

0.00

311,675.21

76,563,000.00

17.00%

17.00%

C

36252RBJ7

5.140951%

44,545,000.00

44,545,000.00

0.00

190,836.39

0.00

0.00

190,836.39

44,545,000.00

11.43%

13.00%

D

36252RAG4

5.140951%

55,682,000.00

55,682,000.00

0.00

238,548.70

0.00

0.00

238,548.70

55,682,000.00

4.46%

8.00%

E*

36252RAK5

3.722000%

22,273,000.00

22,273,000.00

0.00

46,084.10

0.00

0.00

46,084.10

22,273,000.00

1.67%

6.00%

F

36252RAN9

3.722000%

12,528,000.00

12,528,000.00

0.00

0.00

0.00

0.00

0.00

12,528,000.00

0.11%

4.88%

G

36252RAR0

3.722000%

54,290,128.00

856,879.52

0.00

0.00

0.00

3,581.47

0.00

853,298.05

0.00%

0.00%

R

36252RAU3

0.000000%

1.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

1,113,635,129.00

800,646,653.83

1,375,173.27

2,747,099.06

0.00

3,581.47

4,122,272.33

799,267,899.09

 

 

 

Notional Certificates

 

 

 

 

 

 

 

 

 

 

 

X-A

36252RAT6

1.142395%

847,754,000.00

588,198,774.31

0.00

559,962.92

0.00

0.00

559,962.92

586,823,601.04

 

 

X-B

36252RAW9

0.255951%

76,563,000.00

76,563,000.00

0.00

16,330.32

0.00

0.00

16,330.32

76,563,000.00

 

 

X-C

36252RAA7

1.418951%

22,273,000.00

22,273,000.00

0.00

26,336.91

0.00

0.00

26,336.91

22,273,000.00

 

 

X-D

36252RAD1

1.418951%

66,818,128.00

13,384,879.52

0.00

15,827.07

0.00

0.00

15,827.07

13,381,298.05

 

 

Notional SubTotal

 

1,013,408,128.00

700,419,653.83

0.00

618,457.22

0.00

0.00

618,457.22

699,040,899.09

 

 

 

Deal Distribution Total

 

 

 

1,375,173.27

3,365,556.28

0.00

3,581.47

4,740,729.55

 

 

 

 

*

Denotes the Controlling Class (if required)

 

 

 

 

 

 

 

 

 

 

(1)

Calculated by taking (A) the sum of the ending certificate balance of all classes in a series less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and dividing

 

the result by (A).

 

 

 

 

 

 

 

 

 

 

 

(2)

Pass-Through Rates with respect to any Class of Certificates on next month’s Payment Date is expected to be the same as the current respective Pass-Through Rate, subject to any modifications on the underlying loans, any change in certificate or pool balance, any change in the

 

underlying index (if and as applicable), and any other matters provided in the governing documents.

 

 

 

 

 

 

 

 

 

 

 

 

© Copyright 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 2 of 30

 


 

 

                     

 

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

    CUSIP

Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

Prepayment Penalties

      Losses

Total Distribution

Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

A-1

36252RAC3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

36252RAF6

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-3

36252RAJ8

826.81462641

0.00000000

2.61893535

0.00000000

0.00000000

0.00000000

0.00000000

2.61893535

826.81462641

A-4

36252RAM1

1,000.00000000

0.00000000

3.39499998

0.00000000

0.00000000

0.00000000

0.00000000

3.39499998

1,000.00000000

A-AB

36252RAQ2

441.95077603

15.66381454

1.34353035

0.00000000

0.00000000

0.00000000

0.00000000

17.00734489

426.28696149

A-S

36252RAZ2

1,000.00000000

0.00000000

3.65249993

0.00000000

0.00000000

0.00000000

0.00000000

3.65249993

1,000.00000000

B

36252RBC2

1,000.00000000

0.00000000

4.07083330

0.00000000

0.00000000

0.00000000

0.00000000

4.07083330

1,000.00000000

C

36252RBJ7

1,000.00000000

0.00000000

4.28412594

0.00000000

0.00000000

0.00000000

0.00000000

4.28412594

1,000.00000000

D

36252RAG4

1,000.00000000

0.00000000

4.28412593

0.00000000

0.00000000

0.00000000

0.00000000

4.28412593

1,000.00000000

E

36252RAK5

1,000.00000000

0.00000000

2.06905671

1.03261034

10.06021506

0.00000000

0.00000000

2.06905671

1,000.00000000

F

36252RAN9

1,000.00000000

0.00000000

0.00000000

3.10166667

63.89566651

0.00000000

0.00000000

0.00000000

1,000.00000000

G

36252RAR0

15.78333947

0.00000000

0.00000000

0.04895457

65.23465647

0.00000000

0.06596908

0.00000000

15.71737038

R

36252RAU3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

36252RAT6

693.83190679

0.00000000

0.66052525

0.00000000

0.00000000

0.00000000

0.00000000

0.66052525

692.20976963

X-B

36252RAW9

1,000.00000000

0.00000000

0.21329258

0.00000000

0.00000000

0.00000000

0.00000000

0.21329258

1,000.00000000

X-C

36252RAA7

1,000.00000000

0.00000000

1.18245903

0.00000000

0.00000000

0.00000000

0.00000000

1.18245903

1,000.00000000

X-D

36252RAD1

200.31808613

0.00000000

0.23686791

0.00000000

0.00000000

0.00000000

0.00000000

0.23686791

200.26448586

 

 

 

 

© Copyright 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

Page 3 of 30

 


 

 

                         

 

 

 

 

Certificate Interest Reconciliation Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

 

Accrued

Net Aggregate

Distributable

Interest

 

Interest

 

 

 

 

 

Accrual

Prior Interest

Certificate

Prepayment

Certificate

Shortfalls /

Payback of Prior

Distribution

Interest

Cumulative

 

Class

Accrual Period

Days

Shortfalls

Interest

Interest Shortfall

Interest

(Paybacks)

Realized Losses

Amount

Distribution

Interest Shortfalls

 

A-1

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-2

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-3

10/01/21 - 10/30/21

30

0.00

567,646.38

0.00

567,646.38

0.00

0.00

0.00

567,646.38

0.00

 

A-4

10/01/21 - 10/30/21

30

0.00

1,025,218.70

0.00

1,025,218.70

0.00

0.00

0.00

1,025,218.70

0.00

 

A-AB

10/01/21 - 10/30/21

30

0.00

117,952.56

0.00

117,952.56

0.00

0.00

0.00

117,952.56

0.00

 

X-A

10/01/21 - 10/30/21

30

0.00

559,962.92

0.00

559,962.92

0.00

0.00

0.00

559,962.92

0.00

 

A-S

10/01/21 - 10/30/21

30

0.00

249,137.02

0.00

249,137.02

0.00

0.00

0.00

249,137.02

0.00

 

B

10/01/21 - 10/30/21

30

0.00

311,675.21

0.00

311,675.21

0.00

0.00

0.00

311,675.21

0.00

 

C

10/01/21 - 10/30/21

30

0.00

190,836.39

0.00

190,836.39

0.00

0.00

0.00

190,836.39

0.00

 

X-B

10/01/21 - 10/30/21

30

0.00

16,330.32

0.00

16,330.32

0.00

0.00

0.00

16,330.32

0.00

 

X-C

10/01/21 - 10/30/21

30

0.00

26,336.91

0.00

26,336.91

0.00

0.00

0.00

26,336.91

0.00

 

X-D

10/01/21 - 10/30/21

30

0.00

15,827.07

0.00

15,827.07

0.00

0.00

0.00

15,827.07

0.00

 

D

10/01/21 - 10/30/21

30

0.00

238,548.70

0.00

238,548.70

0.00

0.00

0.00

238,548.70

0.00

 

E

10/01/21 - 10/30/21

30

200,450.12

69,083.42

0.00

69,083.42

22,999.33

0.00

0.00

46,084.10

224,071.17

 

F

10/01/21 - 10/30/21

30

759,272.22

38,857.68

0.00

38,857.68

38,857.68

0.00

0.00

0.00

800,484.91

 

G

10/01/21 - 10/30/21

30

3,527,997.42

2,657.75

0.00

2,657.75

2,657.75

0.00

0.00

0.00

3,541,597.85

 

Totals

 

 

4,487,719.76

3,430,071.03

0.00

3,430,071.03

64,514.76

0.00

0.00

3,365,556.28

4,566,153.93

 

 

 

 

 

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Page 4 of 30

 


 

 

                         

 

 

 

 

Exchangeable Certificate Detail

 

 

 

 

 

 

 

 

Pass-Through

 

 

 

 

 

 Prepayment

 

 

 

 

Class

CUSIP

Rate

Original Balance

Beginning Balance                     Principal Distribution     Interest Distribution

 

 Penalties

 

 Losses

       Total Distribution

Ending Balance

Regular Interest

 

 

 

 

 

 

 

 

 

 

 

 

A-S (Cert)

36252RAZ2

4.383000%

68,210,000.00

68,210,000.00

0.00

249,137.02

 

0.00

 

0.00

249,137.02

68,210,000.00

A-S (PEZ)

NA

N/A

0.01

0.00

0.00

0.00

 

0.00

 

0.00

0.00

0.00

B (Cert)

36252RBC2

4.885000%

76,563,000.00

76,563,000.00

0.00

311,675.21

 

0.00

 

0.00

311,675.21

76,563,000.00

B (PEZ)

NA

N/A

0.01

0.00

0.00

0.00

 

0.00

 

0.00

0.00

0.00

C (Cert)

36252RBJ7

5.140951%

44,545,000.00

44,545,000.00

0.00

190,836.39

 

0.00

 

0.00

190,836.39

44,545,000.00

C (PEZ)

NA

N/A

0.01

0.00

0.00

0.00

 

0.00

 

0.00

0.00

0.00

Regular Interest Total

 

 

189,318,000.03

189,318,000.00

0.00

751,648.62

 

0.00

 

0.00

751,648.62

189,318,000.00

 

Exchangeable Certificate Details

 

 

 

 

 

 

 

 

 

 

 

PEZ

36252RBF5

N/A

0.01

0.00

0.00

0.00

 

0.00

 

0.00

0.00

0.00

Exchangeable Certificates Total

 

0.01

0.00

0.00

0.00

 

0.00

 

0.00

0.00

0.00

 

 

 

 

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Page 5 of 30

 


 

 

     

 

Additional Information

 

 

Total Available Distribution Amount (1)

4,740,729.55

 

Specially Serviced Loans not Delinquent

 

 

Number of Outstanding Loans

0

 

Aggregate Unpaid Principal Balance

0.00

 

(1) The Available Distribution Amount includes any Prepayment Penalties.

 

 

 

 

 

 

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Page 6 of 30

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

3,446,739.23

Master Servicing Fee

13,324.39

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administration Fee

1,978.71

Interest Adjustments

0.00

Trustee Fee

186.15

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

344.72

ARD Interest

0.00

Operating Advisor Fee

834.23

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

0.00

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

3,446,739.23

Total Fees

16,668.20

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

1,378,754.69

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

39,088.32

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

25,426.44

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

(3,581.47)

Special Servicing Fees (Work Out)

0.00

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

0.00

Rating Agency Expenses

0.00

Negative Amortization

0.00

Taxes Imposed on Trust Fund

0.00

Principal Adjustments

0.00

Non-Recoverable Advances

0.00

 

 

Workout Delayed Reimbursement Amounts

0.00

 

 

Other Expenses

0.00

Total Principal Collected

1,375,173.22

Total Expenses/Reimbursements

64,514.76

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

3,365,556.28

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

1,375,173.27

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

0.00

 

 

Borrower Option Extension Fees

0.00

Total Other Collected

0.00

Total Payments to Certificateholders and Others

4,740,729.55

Total Funds Collected

4,821,912.45

Total Funds Distributed

4,821,912.51

 

 

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Page 7 of 30

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

800,646,653.83

800,646,653.83

Beginning Certificate Balance

800,646,653.83

(-) Scheduled Principal Collections

1,378,754.69

1,378,754.69

(-) Principal Distributions

1,375,173.27

(-) Unscheduled Principal Collections

0.00

0.00

(-) Realized Losses

3,581.47

(-) Principal Adjustments (Cash)

0.00

0.00

Realized Loss and Realized Loss Adjustments on Collateral

3,581.47

(-) Principal Adjustments (Non-Cash)

0.00

0.00

Current Period NRA¹

0.00

(-) Realized Losses from Collateral

3,581.47

3,581.47

Current Period WODRA¹

0.00

(-) Other Adjustments²

0.05

0.05

Principal Used to Pay Interest

0.00

 

 

 

 

Non-Cash Principal Adjustments

0.00

Ending Scheduled Collateral Balance

799,267,899.09

799,267,899.09

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

801,946,770.40

801,946,770.40

Ending Certificate Balance

799,267,899.09

Ending Actual Collateral Balance

800,567,752.86

800,567,752.86

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

Principal

(WODRA) from Principal

Beginning UC / (OC)

0.00

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

0.00

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

5.14%

 

 

 

 

UC / (OC) Interest

0.00

(1)

Current Period NRA and WODRA displayed will represent the portion applied as Realized Losses to the bonds.

 

 

 

(2)

Other Adjustments value will represent miscellaneous items that may impact the Scheduled Balance of the collateral.

 

 

 

**

A negative value for Certificate Other Adjustments represents the payback of prior Principal Shortfalls, if any.

 

 

 

 

 

 

 

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Page 8 of 30

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Scheduled Balance

 

 

 

 

 

Debt Service Coverage Ratio¹

 

 

 

 

Scheduled

# Of

Scheduled

% Of

 

 

Weighted Avg

Debt Service Coverage

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Balance

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Ratio

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

16

119,456,928.70

14.95%

24

5.0463

NAP

Defeased

16

119,456,928.70

14.95%

24

5.0463

NAP

 

3,000,000 or less

4

8,286,047.88

1.04%

25

5.1833

1.929201

1.30 or less

15

388,692,735.91

48.63%

23

4.9191

0.933990

3,000,001 to 5,000,000

7

27,914,662.98

3.49%

25

5.1937

1.584384

1.31-1.40

4

20,437,896.08

2.56%

25

5.1886

1.333770

5,000,001 to 10,000,000

22

162,353,613.67

20.31%

25

5.1422

1.683586

1.41-1.50

1

13,908,827.18

1.74%

25

5.2600

1.414200

10,000,001 to 15,000,000

7

91,796,160.88

11.49%

25

5.1602

1.560218

1.51-1.60

5

39,375,745.95

4.93%

25

5.0567

1.567743

15,000,001 to 20,000,000

4

64,451,745.45

8.06%

12

5.0453

1.146679

1.61-1.70

3

40,905,967.68

5.12%

26

5.1706

1.628006

20,000,001 to 30,000,000

2

44,473,069.74

5.56%

26

5.0157

1.789020

1.71-1.80

7

63,973,795.74

8.00%

25

5.0755

1.740562

30,000,001 to 80,000,000

0

0.00

0.00%

0

0.0000

0.000000

1.81-1.90

2

12,422,263.89

1.55%

25

5.1059

1.854900

80,000,001 to 100,000,000

2

177,805,349.69

22.25%

26

4.6763

1.086468

1.91-2.00

2

25,635,964.81

3.21%

26

4.9026

1.950908

 

100,000,001 or greater

1

102,730,320.10

12.85%

26

5.0300

0.738100

2.01-2.10

3

24,212,594.04

3.03%

25

5.1325

2.059561

 

Totals

65

799,267,899.09

100.00%

24

4.9992

1.370656

2.11-2.20

1

7,773,035.06

0.97%

24

4.9300

2.105200

 

 

 

 

 

 

 

 

2.21 or greater

6

42,472,144.05

5.31%

25

5.0544

2.597410

 

 

 

 

 

 

 

 

Totals

65

799,267,899.09

100.00%

24

4.9992

1.370656

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is

 

used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure.

 

 

 

 

(4)

Note: There are no Hyper-Amortization Loans included in the Mortgage Pool.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 9 of 30

 


 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

State

 

 

 

WAM²

WAC

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Property Type

 

 

 

WAM²

WAC

 

 

 

 

 

 

 

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

28

119,456,928.70

14.95%

24

5.0463

NAP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defeased

28

119,456,928.70

14.95%

24

5.0463

NAP

Alabama

1

6,374,773.42

0.80%

25

5.5800

1.297100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

4

27,613,576.63

3.45%

26

5.2492

2.376314

Alaska

1

16,524,112.23

2.07%

26

5.6080

1.173800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

6

64,230,188.06

8.04%

12

5.2945

0.776032

Arizona

2

96,546,975.05

12.08%

26

4.9165

1.142273

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

8

165,706,134.16

20.73%

26

4.9536

1.328278

California

1

5,543,910.26

0.69%

25

4.8110

2.571100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mobile Home Park

2

2,635,964.81

0.33%

24

5.1000

1.959700

Florida

1

9,987,564.17

1.25%

25

5.0440

1.760800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

6

55,971,704.87

7.00%

25

5.0607

1.904127

Georgia

1

6,681,161.70

0.84%

25

5.1900

1.061300

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

6

41,037,147.00

5.13%

25

5.0589

1.658301

Illinois

6

17,479,758.64

2.19%

25

5.0743

1.463470

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

68

318,456,966.38

39.84%

25

4.9040

1.181224

Indiana

1

2,611,354.05

0.33%

25

5.1600

1.374800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

1

4,159,288.47

0.52%

24

5.0600

1.854700

Louisiana

8

118,974,187.73

14.89%

26

5.0688

0.857029

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

129

799,267,899.09

100.00%

24

4.9992

1.370656

Maine

1

16,797,430.28

2.10%

26

5.0395

1.719100

 

 

 

 

 

 

 

 

Michigan

10

123,175,280.63

15.41%

25

4.6556

1.360613

 

 

 

 

 

 

 

 

Missouri

1

16,055,756.77

2.01%

25

4.8245

1.581100

 

 

 

 

 

 

 

 

Nebraska

1

138,237.12

0.02%

25

5.1900

1.325900

 

 

 

 

 

 

 

 

Nevada

2

13,817,190.39

1.73%

26

5.4301

1.334193

 

 

 

 

 

 

 

 

New Mexico

1

4,415,577.70

0.55%

25

5.8450

2.082200

 

 

 

 

 

 

 

 

New York

9

55,712,377.62

6.97%

26

5.2025

1.416279

 

 

 

 

 

 

 

 

North Carolina

3

21,214,600.91

2.65%

25

5.2494

2.051850

 

 

 

 

 

 

 

 

Ohio

15

49,432,146.80

6.18%

25

5.0797

1.770435

 

 

 

 

 

 

 

 

Oklahoma

3

935,544.18

0.12%

25

5.1900

1.325900

 

 

 

 

 

 

 

 

Pennsylvania

6

23,567,991.50

2.95%

(13)

4.8765

0.318470

 

 

 

 

 

 

 

 

Texas

25

66,797,489.39

8.36%

25

4.9290

1.660149

 

 

 

 

 

 

 

 

Virginia

1

6,701,505.69

0.84%

24

4.9100

1.722100

 

 

 

 

 

 

 

 

West Virginia

1

326,044.13

0.04%

25

5.1900

1.325900

 

 

 

 

 

 

 

 

Totals

129

799,267,899.09

100.00%

24

4.9992

1.370656

 

 

 

 

 

 

 

 

 

Note: Please refer to footnotes on the next page of the report.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 10 of 30

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Note Rate

 

 

 

 

 

Seasoning

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Note Rate

 

 

 

WAM²

WAC

 

Seasoning

 

 

 

WAM²

WAC

 

 

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

16

119,456,928.70

14.95%

24

5.0463

NAP

Defeased

16

119,456,928.70

14.95%

24

5.0463

NAP

 

4.500% or less

1

85,417,663.11

10.69%

25

4.4236

1.060800

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.501% to 4.750%

3

31,060,559.11

3.89%

(4)

4.6935

1.219492

13 to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.751% to 5.000%

12

207,784,355.21

26.00%

25

4.8988

1.515814

25 to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.001% to 5.250%

22

259,958,783.68

32.52%

26

5.0972

1.227502

37 to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.251% to 5.500%

5

39,639,024.50

4.96%

26

5.3063

1.551499

49 months or greater

49

679,810,970.39

85.05%

24

4.9910

1.322787

 

5.501% to 5.750%

5

51,535,007.08

6.45%

26

5.6310

1.280676

Totals

65

799,267,899.09

100.00%

24

4.9992

1.370656

 

5.751% or greater

1

4,415,577.70

0.55%

25

5.8450

2.082200

 

 

 

 

 

 

 

 

Totals

65

799,267,899.09

100.00%

24

4.9992

1.370656

 

 

 

 

 

 

 

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure.

 

 

 

 

(4)

Note: There are no Hyper-Amortization Loans included in the Mortgage Pool.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 11 of 30

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

Anticipated Remaining Term (ARD and Balloon Loans)

 

 

 

Remaining Amortization Term (ARD and Balloon Loans)

 

 

 

Anticipated

# Of

Scheduled

% Of

 

 

Weighted Avg

Remaining

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Remaining Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Amortization Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

16

119,456,928.70

14.95%

24

5.0463

NAP

Defeased

16

119,456,928.70

14.95%

24

5.0463

NAP

 

60 months or less

49

679,810,970.39

85.05%

24

4.9910

1.322787

Interest Only

2

34,000,000.00

4.25%

26

4.8218

2.186918

 

61 months or greater

0

0.00

0.00%

0

0.0000

0.000000

300 months or less

47

645,810,970.39

80.80%

24

4.9999

1.277293

 

Totals

65

799,267,899.09

100.00%

24

4.9992

1.370656

301 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

65

799,267,899.09

100.00%

24

4.9992

1.370656

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure.

 

 

 

 

(4)

Note: There are no Hyper-Amortization Loans included in the Mortgage Pool.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 12 of 30

 


 

 

                         

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

Age of Most Recent NOI

 

 

 

 

Remaining Stated Term (Fully Amortizing Loans)

 

 

Age of Most

# Of

Scheduled

% Of

 

 

Weighted Avg

Age of Most

# Of

Scheduled

% Of

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

        WAM²

WAC

 

Recent NOI

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Recent NOI

Loans

Balance

Agg. Bal.

DSCR¹

 

Defeased

16

119,456,928.70

14.95%

24

5.0463

NAP

 

 

 

None

 

Underwriter's Information

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

12 months or less

47

580,736,952.26

72.66%

24

5.0578

1.376914

 

 

 

 

 

 

13 months to 24 months

2

99,074,018.13

12.40%

25

4.5995

1.005512

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

Totals

65

799,267,899.09

100.00%

24

4.9992

1.370656

 

 

 

 

 

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure.

 

(4)

Note: There are no Hyper-Amortization Loans included in the Mortgage Pool.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 13 of 30

 


 

 

                                 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

Prop

 

 

 

 

 

 

 

 

   Original              Adjusted

Beginning

Ending

Paid

 

 

 

Type

 

 

Interest

 

Scheduled

Scheduled

Principal

Anticipated    Maturity              Maturity

Scheduled

Scheduled

Through

 

Pros ID

Loan ID

(1)

City

State        Accrual Type     Gross Rate

Interest

Principal

Adjustments  Repay Date       Date

       Date

Balance

Balance

Date

 

1

301490001

RT

New Orleans

LA

Actual/360

5.030%

445,624.57

152,284.25

0.00

N/A

01/06/24

--

102,882,604.40

102,730,320.10

11/06/21

 

2

304101129

MU

Phoenix

AZ

Actual/360

4.910%

391,212.72

140,121.99

0.00

N/A

01/01/24

--

92,527,808.57

92,387,686.58

11/01/21

 

3

301490002

RT

Portage

MI

Actual/360

4.424%

326,043.28

176,111.47

0.00

N/A

12/06/23

--

85,593,774.58

85,417,663.11

10/06/21

 

6

695100240

SS

Various

Various

Actual/360

5.145%

57,542.19

18,803.79

0.00

N/A

01/06/24

--

12,987,987.13

12,969,183.34

11/06/21

 

7

695100241

SS

Tallahassee

FL

Actual/360

5.145%

36,894.46

12,056.46

0.00

N/A

01/06/24

--

8,327,537.42

8,315,480.96

11/06/21

 

8

695100242

SS

Bentonville

AR

Actual/360

5.145%

11,640.06

3,803.77

0.00

N/A

01/06/24

--

2,627,305.19

2,623,501.42

11/06/21

 

9

301490009

RT

Toledo

OH

Actual/360

5.161%

95,590.92

36,096.44

0.00

N/A

01/06/24

--

21,509,166.18

21,473,069.74

11/06/21

 

10

304101126

MU

New York

NY

Actual/360

4.880%

96,651.11

0.00

0.00

N/A

01/06/24

--

23,000,000.00

23,000,000.00

11/06/21

 

11

301490011

LO

Anchorage

AK

Actual/360

5.608%

79,931.04

27,803.37

0.00

N/A

01/06/24

--

16,551,915.60

16,524,112.23

10/06/21

 

12

301490012

RT

Bangor

ME

Actual/360

5.040%

73,009.70

26,749.38

0.00

N/A

01/06/24

--

16,824,179.66

16,797,430.28

11/06/21

 

13

304101113

RT

Various

Various

Actual/360

5.190%

57,078.40

64,952.01

0.00

N/A

12/06/23

--

12,771,596.89

12,706,644.88

11/06/21

 

14

301490014

MF

Fayetteville

NC

Actual/360

4.854%

69,454.24

25,573.94

0.00

N/A

09/06/23

--

16,616,508.71

16,590,934.77

11/06/21

 

15

301490015

LO

Cranberry Township

PA

Actual/360

4.670%

60,739.67

29,706.66

0.00

N/A

01/06/19

--

15,104,152.83

15,074,446.17

07/06/20

 

16

301490016

OF

Columbus

OH

Actual/360

4.879%

61,853.68

28,153.00

0.00

N/A

12/06/23

--

14,722,296.35

14,694,143.35

11/06/21

 

17

301490017

MF

Manchester

MO

Actual/360

4.824%

66,792.26

21,600.48

0.00

N/A

12/06/23

--

16,077,357.25

16,055,756.77

11/06/21

 

18

304101109

SS

Various

MN

Actual/360

4.660%

67,214.03

0.00

0.00

N/A

09/06/23

--

16,750,000.00

16,750,000.00

11/06/21

 

19

695100244

MF

Baton Rouge

LA

Actual/360

5.330%

66,423.81

25,509.09

0.00

N/A

01/06/24

--

14,472,294.09

14,446,785.00

11/06/21

 

20

695100248

LO

Long Island City

NY

Actual/360

5.700%

67,175.65

29,686.39

0.00

N/A

01/06/24

--

13,686,041.41

13,656,355.02

02/06/20

 

22

695100236

MU

New York

NY

Actual/360

5.260%

63,089.10

19,834.39

0.00

N/A

12/06/23

--

13,928,661.57

13,908,827.18

11/06/21

 

23

304101104

MU

Lakeway

TX

Actual/360

4.950%

48,601.28

18,653.74

0.00

N/A

11/06/23

--

11,402,059.19

11,383,405.45

11/06/21

 

24

301490024

OF

Maitland

FL

Actual/360

5.044%

43,455.31

17,240.01

0.00

N/A

12/06/23

--

10,004,804.18

9,987,564.17

11/06/21

 

25

304101117

RT

Dallas

TX

Actual/360

4.700%

44,519.44

0.00

0.00

N/A

12/06/23

--

11,000,000.00

11,000,000.00

11/06/21

 

26

695100232

OF

Los Alamitos

CA

Actual/360

5.048%

41,016.38

17,547.47

0.00

N/A

12/06/23

--

9,435,801.97

9,418,254.50

11/06/21

 

27

301490027

RT

Various

TX

Actual/360

4.879%

39,213.19

17,967.52

0.00

N/A

11/06/23

--

9,333,449.45

9,315,481.93

11/06/21

 

28

301490028

MF

Various

Various

Actual/360

5.295%

42,738.40

18,235.54

0.00

N/A

11/06/23

--

9,373,313.37

9,355,077.83

11/06/21

 

29

301490029

OF

Houston

TX

Actual/360

4.891%

37,865.23

17,273.47

0.00

N/A

08/06/23

--

8,990,497.22

8,973,223.75

11/06/21

 

31

301490031

MF

Brownstown Twsp.

MI

Actual/360

5.230%

39,408.29

15,688.27

0.00

N/A

01/06/24

--

8,750,375.90

8,734,687.63

11/06/21

 

32

695100247

RT

Chicago

IL

Actual/360

5.172%

38,917.38

15,820.87

0.00

N/A

01/06/24

--

8,738,277.75

8,722,456.88

11/06/21

 

 

 

 

 

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Page 14 of 30

 


 

 

                                 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

Prop

 

 

 

 

 

 

 

 

   Original             Adjusted

Beginning

Ending

Paid

 

 

 

Type

 

 

Interest

 

Scheduled

Scheduled

Principal

Anticipated      Maturity           Maturity

Scheduled

Scheduled

Through

 

Pros ID

Loan ID

(1)

City

State                  Accrual Type     Gross Rate

Interest

Principal

Adjustments  Repay Date     Date

        Date

Balance

Balance

Date

 

33

695100243

IN

Romulus

MI

Actual/360

5.220%

38,340.49

15,318.35

0.00

N/A

01/06/24

--

8,529,586.65

8,514,268.30

11/06/21

 

34

301490034

IN

Greensboro

NC

Actual/360

5.568%

40,595.71

14,322.31

0.00

N/A

01/06/24

--

8,466,847.39

8,452,525.08

11/06/21

 

35

301490035

MU

Cincinnati

OH

Actual/360

5.129%

36,561.66

15,187.99

0.00

N/A

12/06/23

--

8,278,163.41

8,262,975.42

11/06/21

 

36

301490036

LO

College Station

TX

Actual/360

5.031%

33,412.46

22,295.31

0.00

N/A

11/06/23

--

7,712,496.57

7,690,201.26

11/06/21

 

37

695100228

MF

Various

VA

Actual/360

5.174%

34,979.50

14,296.03

0.00

N/A

12/06/23

--

7,851,055.38

7,836,759.35

11/06/21

 

38

301490038

MF

Southfield

MI

Actual/360

4.930%

33,061.81

14,867.84

0.00

N/A

11/06/23

--

7,787,902.90

7,773,035.06

11/06/21

 

39

695100226

MU

Raleigh

NC

Actual/360

4.900%

32,379.70

14,722.30

0.00

N/A

11/06/23

--

7,673,925.14

7,659,202.84

11/06/21

 

40

695100238

RT

Las Vegas

NV

Actual/360

5.676%

32,046.51

29,365.66

0.00

N/A

01/06/24

--

6,556,606.99

6,527,241.33

11/06/21

 

42

301490042

MF

Houston

TX

Actual/360

4.981%

33,649.44

12,682.60

0.00

N/A

12/06/23

--

7,845,953.93

7,833,271.33

11/06/21

 

43

301490043

OF

Canonsburg

PA

Actual/360

5.250%

34,009.09

13,618.48

0.00

N/A

11/06/23

--

7,522,747.92

7,509,129.44

11/06/21

 

44

695100245

RT

Las Vegas

NV

Actual/360

5.210%

32,764.49

13,137.86

0.00

N/A

01/06/24

--

7,303,086.92

7,289,949.06

11/06/21

 

45

301490045

LO

Bryan

TX

Actual/360

5.045%

29,901.44

12,727.42

0.00

N/A

01/06/24

--

6,882,223.10

6,869,495.68

11/06/21

 

46

695100225

RT

Gainesville

VA

Actual/360

4.910%

28,382.82

11,467.28

0.00

N/A

11/06/23

--

6,712,972.97

6,701,505.69

11/06/21

 

48

695100237

RT

Hampton

GA

Actual/360

5.190%

29,905.74

10,408.52

0.00

N/A

12/06/23

--

6,691,570.22

6,681,161.70

11/06/21

 

49

695100233

RT

Montgomery

AL

Actual/360

5.580%

30,682.90

10,846.44

0.00

N/A

12/06/23

--

6,385,619.86

6,374,773.42

11/06/21

 

51

301490051

IN

West Sacramento

CA

Actual/360

4.811%

23,011.84

10,740.64

0.00

N/A

12/06/23

--

5,554,650.90

5,543,910.26

11/06/21

 

52

304101107

MU

Danville

IL

Actual/360

4.900%

22,985.03

10,450.75

0.00

N/A

11/06/23

--

5,447,406.70

5,436,955.95

11/06/21

 

53

695100231

OF

Various

Various

Actual/360

5.295%

24,533.05

9,599.09

0.00

N/A

12/06/23

--

5,380,547.34

5,370,948.25

11/06/21

 

55

301490055

MF

Thomasville

GA

Actual/360

5.100%

23,951.58

8,625.41

0.00

N/A

12/06/23

--

5,453,870.18

5,445,244.77

11/06/21

 

56

301490056

IN

Charlotte

NC

Actual/360

5.246%

23,093.20

9,196.22

0.00

N/A

12/06/23

--

5,112,069.21

5,102,872.99

11/06/21

 

57

301490057

RT

Mansfield

TX

Actual/360

4.750%

20,434.76

9,820.79

0.00

N/A

11/06/23

--

4,995,933.73

4,986,112.94

11/06/21

 

58

695100229

LO

Tucumcari

NM

Actual/360

5.845%

22,282.30

11,492.25

0.00

N/A

12/06/23

--

4,427,069.95

4,415,577.70

11/06/21

 

59

695100235

RT

Port Richey

FL

Actual/360

5.145%

19,117.43

7,895.62

0.00

N/A

09/06/23

--

4,315,040.20

4,307,144.58

11/06/21

 

60

301490060

RT

Troy

MI

Actual/360

5.367%

18,547.58

10,974.36

0.00

N/A

01/06/24

--

4,012,878.49

4,001,904.13

11/06/21

 

61

301490061

IN

McHenry

IL

Actual/360

5.106%

18,340.80

7,737.01

0.00

N/A

08/06/23

--

4,171,774.66

4,164,037.65

11/06/21

 

62

304101103

SS

Scottsdale

AZ

Actual/360

5.060%

18,156.87

7,786.87

0.00

N/A

11/06/23

--

4,167,075.34

4,159,288.47

11/06/21

 

63

695100227

MU

New York

NY

Actual/360

5.160%

16,340.22

10,387.52

0.00

N/A

12/06/23

--

3,677,468.26

3,667,080.74

11/06/21

 

64

304101101

LO

Indianapolis

IN

Actual/360

5.280%

16,724.61

10,321.24

0.00

N/A

11/06/23

--

3,678,433.21

3,668,111.97

11/06/21

 

 

 

 

 

© Copyright 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 15 of 30

 


 

 

                                 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

Prop

 

 

 

 

 

 

 

 

   Original              Adjusted

Beginning

Ending

Paid

 

 

 

Type

 

 

Interest

 

Scheduled

Scheduled

Principal

Anticipated      Maturity            Maturity

Scheduled

Scheduled

Through

 

Pros ID

Loan ID

(1)

City

State               Accrual Type             Gross Rate

Interest

Principal

Adjustments  Repay Date      Date

        Date

Balance

Balance

Date

 

65

304101115

MH

Phoenix

AZ

Actual/360

5.600%

16,424.16

9,116.68

0.00

N/A

12/06/23

--

3,405,930.84

3,396,814.16

11/06/21

 

66

695100230

OF

Frisco

TX

Actual/360

5.085%

15,245.92

6,435.22

0.00

N/A

12/06/23

--

3,481,797.01

3,475,361.79

11/06/21

 

68

304101108

RT

Aurora

IL

Actual/360

5.100%

14,120.55

5,968.59

0.00

N/A

11/06/23

--

3,215,305.80

3,209,337.21

11/06/21

 

69

301490069

MF

Desert Hot Springs

CA

Actual/360

5.542%

13,669.63

4,868.22

0.00

N/A

10/06/23

--

2,864,641.09

2,859,772.87

11/06/21

 

70

301490070

MH

Various

MI

Actual/360

5.100%

11,609.57

7,579.44

0.00

N/A

11/06/23

--

2,643,544.25

2,635,964.81

11/06/21

 

71

695100234

SS

Various

GA

Actual/360

5.130%

12,318.21

5,115.22

0.00

N/A

12/06/23

--

2,788,502.00

2,783,386.78

11/06/21

 

72

304101111

RT

Indianapolis

IN

Actual/360

5.160%

11,624.33

4,774.95

0.00

N/A

12/06/23

--

2,616,129.00

2,611,354.05

11/06/21

 

73

301490073

RT

Auburn Hills

MI

Actual/360

5.367%

8,854.85

5,239.30

0.00

N/A

01/06/24

--

1,915,799.24

1,910,559.94

11/06/21

 

74

301490074

MF

Southfield

MI

Actual/360

5.120%

4,983.19

2,091.14

0.00

N/A

11/06/23

--

1,130,260.22

1,128,169.08

11/06/21

 

Totals

 

 

 

 

 

 

3,446,739.23

1,378,754.69

0.00

 

 

 

800,646,653.83

799,267,899.09

 

 

 

 

 

 

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Page 16 of 30

 


 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent         Most Recent    Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

NOI End

Reduction

Appraisal

Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

 

1

5,728,516.03

2,734,942.09

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2

14,376,101.00

7,234,795.00

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3

7,761,464.00

1,697,175.00

01/01/20

03/31/20

11/09/21

71,169,641.88

1,238,259.93

501,417.69

501,417.69

1,327,329.65

0.00

 

 

6

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

7

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

8

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

9

2,816,435.34

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

2,921,773.52

1,781,602.71

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

969,095.27

1,724,475.82

07/01/20

06/30/21

--

0.00

0.00

107,591.88

107,591.88

0.00

0.00

 

 

12

2,300,685.29

1,084,269.12

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

1,951,440.72

1,059,880.91

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

15

(366,588.00)

8,919.00

01/01/21

06/30/21

11/09/21

9,131,571.31

568,017.88

53,632.46

849,722.81

0.00

0.00

 

 

16

2,712,949.00

2,396,885.00

10/01/20

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

1,652,848.45

880,427.86

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

19

1,628,004.60

975,541.72

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

1,027,192.00

0.00

--

--

11/09/21

499,079.00

20,133.43

94,261.83

1,945,121.17

935,030.97

0.00

 

 

22

1,380,410.00

358,551.12

01/01/21

03/31/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

1,061,834.88

280,890.55

01/01/21

03/31/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

1,704,238.64

721,148.54

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

1,153,276.28

370,388.07

01/01/21

03/31/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

27

1,073,379.02

284,588.73

01/01/21

03/31/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

29

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

31

1,208,379.04

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

32

1,075,747.20

593,251.90

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 17 of 30

 


 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent             Most Recent        Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

NOI End

Reduction

Appraisal

     Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

      ASER

Advances

Advances

Advances

from Principal

Defease Status

 

33

1,697,596.48

880,555.08

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

1,543,555.98

819,265.48

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

35

1,321,406.91

613,358.44

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

36

171,749.49

731,030.56

07/01/20

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

37

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

38

1,341,078.12

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

39

1,070,376.24

536,366.54

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

40

738,895.75

595,759.71

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

42

1,474,525.27

1,192,151.73

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

43

614,310.26

266,037.68

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

44

547,806.85

349,066.71

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

45

132,963.62

427,100.76

07/01/20

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

46

825,325.12

655,332.84

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

48

488,612.28

276,005.44

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

49

1,038,715.76

356,844.70

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

51

1,047,056.32

841,385.50

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

52

710,802.16

296,149.08

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

53

1,016,342.49

370,040.34

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

55

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

56

865,577.80

443,404.40

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

57

669,735.52

311,917.24

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

58

559,732.04

938,244.21

07/01/20

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

59

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

60

580,627.93

142,377.88

01/01/21

03/31/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

61

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

62

587,255.58

439,467.68

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

63

401,468.76

227,433.76

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

64

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

 

 

 

 

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Page 18 of 30

 


 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent              Most Recent        Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

NOI End

Reduction

Appraisal

Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

 

65

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

66

456,280.24

321,242.61

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

68

301,443.63

166,985.85

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

69

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

70

393,663.63

230,004.43

01/01/21

06/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

71

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

72

197,384.00

217,146.50

01/01/21

09/30/21

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

73

243,381.24

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

74

383,299.16

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

75,558,150.91

36,832,408.29

 

 

 

80,800,292.19

1,826,411.24

756,903.86

3,403,853.55

2,262,360.62

0.00

 

 

 

 

 

 

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Page 19 of 30

 


 

 

           

 

 

 

Principal Prepayment Detail

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

Pros ID

Loan Number

Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

 

 

 

No principal prepayments this period

 

 

Note: Principal Prepayment Amount listed here may include Principal Adjustment Amounts on the loan in addition to the Unscheduled Principal Amount.

 

 

 

 

 

 

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Page 20 of 30

 


 

 

                                           

 

 

 

 

 

 

 

 

Historical Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delinquencies¹

 

 

 

 

 

 

 

 

Prepayments

 

Rate and Maturities

 

 

30-59 Days

 

60-89 Days

 

90 Days or More

             Foreclosure

 

 

REO

 

Modifications

 

 

      Curtailments

 

Payoff

Next Weighted Avg.

 

Distribution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

#

Balance

#

       Balance

#

Balance

#

Balance

 

#

Balance

#

Balance

 

#

      Amount

#

Amount

Coupon

Remit

WAM¹

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11/15/21

0

0.00

0

0.00

1

13,656,355.02

0

   0.00

 

1

15,074,446.17

0

          0.00

 

0

0.00

0

0.00

4.999244%

4.939364%

24

10/13/21

0

0.00

0

0.00

1

13,686,041.41

0

   0.00

 

1

15,104,152.83

0

          0.00

 

0

0.00

0

0.00

4.999290%

4.939398%

25

09/13/21

1

85,779,718.13

0

0.00

1

13,717,744.17

0

   0.00

 

1

15,135,696.08

0

          0.00

 

0

0.00

0

0.00

4.999340%

4.939435%

26

08/12/21

1

85,954,455.69

0

0.00

1

13,747,130.71

0

   0.00

 

2

15,165,157.41

0

          0.00

 

0

0.00

1

18,132,855.96

4.999386%

4.939468%

27

07/12/21

1

86,128,530.17

1

70,292,484.65

1

13,776,373.72

0

   0.00

 

2

85,486,985.39

0

          0.00

 

0

0.00

0

0.00

5.013291%

4.955375%

28

06/11/21

1

70,415,950.22

1

86,312,509.68

1

13,807,649.43

0

   0.00

 

2

85,641,643.97

0

          0.00

 

0

0.00

0

0.00

5.013335%

4.955407%

29

05/12/21

0

0.00

0

0.00

2

100,321,822.28

0

   0.00

 

2

85,783,591.41

0

          0.00

 

0

0.00

0

0.00

5.013374%

4.955435%

30

04/12/21

0

0.00

0

0.00

3

171,186,730.95

0

   0.00

 

2

85,937,002.12

0

          0.00

 

0

0.00

0

0.00

5.013418%

4.955466%

31

03/12/21

0

0.00

0

0.00

3

171,498,556.04

0

   0.00

 

2

86,077,665.71

0

          0.00

 

0

0.00

0

0.00

5.013456%

4.955493%

32

02/12/21

0

0.00

0

0.00

3

171,878,069.34

0

   0.00

 

2

86,254,091.95

0

          0.00

 

0

0.00

0

0.00

5.013506%

4.955533%

33

01/12/21

0

0.00

1

71,015,462.64

2

101,171,576.82

0

   0.00

 

2

86,393,376.83

0

          0.00

 

0

0.00

0

0.00

5.013544%

4.955558%

34

12/11/20

1

71,125,651.02

0

0.00

2

101,369,084.47

0

   0.00

 

2

86,532,056.39

0

          0.00

 

0

0.00

0

0.00

5.013581%

4.955584%

35

Note: Foreclosure and REO Totals are included in the delinquencies aging categories.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 21 of 30

 


 

 

                             

 

 

 

 

 

Delinquency Loan Detail

 

 

 

 

 

 

 

 

 

Paid

 

Mortgage

 

Outstanding

 

Servicing

Resolution

 

 

 

 

 

 

Through

Months

Loan

Current P&I

Outstanding P&I

Servicer

Actual Principal

Transfer

Strategy

Bankruptcy

Foreclosure

 

Pros ID

Loan ID

Date

Delinquent

Status¹                       Advances

Advances

Advances

Balance

Date

Code²

 

Date

Date

REO Date

3

301490002

10/06/21

0

B

501,417.69

501,417.69

3,490,701.44

85,593,774.58

07/09/20

6

 

 

 

 

11

301490011

10/06/21

0

B

107,591.88

107,591.88

0.00

16,551,915.60

 

 

 

 

 

 

15

301490015

07/06/20

15

5

53,632.46

849,722.81

5,305.70

15,551,107.40

12/21/18

7

 

 

 

02/18/20

20

695100248

02/06/20

20

6

94,261.83

1,945,121.17

1,035,179.38

14,275,632.73

05/13/20

13

 

 

 

 

Totals

 

 

 

 

756,903.86

3,403,853.55

4,531,186.52

131,972,430.31

 

 

 

 

 

 

1 Mortgage Loan Status

 

 

 

 

 

2 Resolution Strategy Code

 

 

 

 

 

 

A - Payment Not Received But Still in Grace Period             0 - Current

 

4 - Performing Matured Balloon

 

1 - Modification

6 - DPO

 

 

10 - Deed in Lieu of Foreclosures

B - Late Payment But Less Than 30 days

1 - 30-59 Days Delinquent

5 - Non Performing Matured Balloon

2 - Foreclosure

7 - REO

 

 

11- Full Payoff

 

Delinquent

 

 

 

 

 

 

3 - Bankruptcy

8 - Resolved

 

 

12 - Reps and Warranties

 

 

 

2 - 60-89 Days Delinquent

6 - 121+ Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4 - Extension

9 - Pending Return to Master Servicer

13 -

TBD

 

 

 

 

3 - 90-120 Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5 - Note Sale

98 - Other

 

 

 

 

 

 

 

 

 

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Page 22 of 30

 


 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

       Total

         Performing

                       Non-Performing

                  REO/Foreclosure

 

 

Past Maturity

 

15,074,446

0

 

0

 

15,074,446

 

0 - 6 Months

 

0

0

 

0

 

0

 

7 - 12 Months

 

0

0

 

0

 

0

 

13 - 24 Months

 

146,256,094

146,256,094

 

0

 

0

 

25 - 36 Months

 

637,937,359

624,281,004

                     13,656,355

0

 

37 - 48 Months

 

0

0

 

0

 

0

 

49 - 60 Months

 

0

0

 

0

 

0

 

> 60 Months

 

0

0

 

0

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

Current

30-59 Days

60-89 Days

90+ Days

REO/Foreclosure

 

 

Nov-21

799,267,899

770,537,098

0

0

13,656,355

15,074,446

 

Oct-21

800,646,654

771,856,460

0

0

13,686,041

15,104,153

 

Sep-21

802,123,685

687,490,526

85,779,718

0

13,717,744

15,135,696

 

Aug-21

803,490,132

688,623,389

85,954,456

0

13,747,131

15,165,157

 

Jul-21

875,143,176

689,751,287

86,128,530

0

13,776,374

85,486,985

 

Jun-21

876,726,138

690,964,335

0

86,312,510

13,807,649

85,641,644

 

May-21

878,187,392

692,081,978

0

0

100,321,822

85,783,591

 

Apr-21

879,757,628

693,285,144

0

0

100,535,483

85,937,002

 

Mar-21

881,205,790

694,392,619

0

0

100,735,505

86,077,666

 

Feb-21

882,994,931

695,767,553

0

0

100,973,286

86,254,092

 

Jan-21

884,429,109

696,864,156

0

0

101,171,577

86,393,377

 

Dec-20

885,857,095

697,955,954

0

0

101,369,084

86,532,056

 

(1) Maturity dates used in this chart are based on the dates provided by the Master Servicer in the Loan Periodic File.

 

 

 

 

 

 

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Page 23 of 30

 


 

 

                     

 

 

 

Specially Serviced Loan Detail - Part 1

 

 

 

 

 

 

Ending Scheduled

 

 

 

Net Operating

 

 

 

Remaining

Pros ID

Loan ID

Balance

Actual Balance

Appraisal Value

Appraisal Date

Income

DSCR

DSCR Date

Maturity Date

Amort Term

3

301490002

85,417,663.11

85,593,774.58

20,700,000.00

08/27/21

1,598,116.00

1.06080

03/31/20

12/06/23

265

15

301490015

15,074,446.17

15,551,107.40

8,900,000.00

02/10/21

8,919.00

0.01640

06/30/21

01/06/19

266

20

695100248

13,656,355.02

14,275,632.73

17,000,000.00

07/10/21

766,887.00

0.65970

12/31/19

01/06/24

230

Totals

 

114,148,464.30

115,420,514.71

46,600,000.00

 

2,373,922.00

 

 

 

 

 

 

 

 

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Page 24 of 30

 


 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

3

301490002

RT

MI

07/09/20

6

 

 

 

 

Subject is a 770K SF (349K owned) regional mall in Portage, Michigan. Property was constructed in 1980 and underwent an $18M renovation in 2001 which included an expansion of the food court. Non-collateral anchors are Sears (vacant)

 

Macys, and Jenne

y . As of 10/1/21 total Mall occupancy was 73%. Lender has put in a Receiver, who has marketed property to a potential buyer. Lender received various offers and is proceeding to obtain approval to sell property to the

 

highest offer.

 

 

 

 

 

 

 

 

15

301490015

LO

PA

12/21/18

7

 

 

 

 

REO Title Date: 2/18/2020. Description of Collateral: Property is a 5-story, 136-room, Hilton Garden Inn under a Franchise Agreement expiring 8/31/29 built in 2012 in Cranberry Township approximately 20 mi N of Pittsburgh CBD. Amenities

 

include a res taurant & lounge, 2,352 sf of meeting space, an indoor pool and whirlpool, fitness room, business center, a market pantry, guest laundry, and outdoor patio area and gazebo. Crossed with or is a Companion Loan to: No.

 

Deferred Maintenance / Repair Is

sues: No DM noted from 11/2019 MS site inspection. Brand Standard & Deficiency List item approx. $200K.

2020 Operations Summary: Occ 26.5% (index 88%), ADR $98.51 (index 112.9%), RevPAR

 

$26.11 (index 99.5%). June 2021 operations YTD: Occ 37.3% (in

dex 102%), ADR $91.68 (index 114.1%), RevPar $34.16 (index 116.3%). Marketing Summary: Property was listed with AY and successfuly traded in an October auction event.

 

Closing is scheduled for December 2021.

 

 

 

 

 

 

20

695100248

LO

NY

05/13/20

13

 

 

 

 

Borrower communications have ceased. Borrower engaged a Loan Advisor, who also has heard nothing from Borrower. Proceeding with Foreclosing Compliant filing and Application for Appointment of Receiver. Have reached temporary

 

agreement with Franchi sor for contiunation of Franchise Agreement until 10/31/2021. Receiver hearing is scheduled for 10/29/2021

 

 

 

 

1 Property Type Codes

 

 

 

 

2 Resolution Strategy Code

 

 

HC - Health Care

 

MU - Mixed Use

 

WH - Warehouse

1 - Modification

6 - DPO

10 - Deed in Lieu of Foreclosures

MF - Multi-Family

 

SS - Self Storage

 

LO - Lodging

2 - Foreclosure

7 - REO

11- Full Payoff

RT - Retail

 

SF - Single Family Rental

98 - Other

3 - Bankruptcy

8 - Resolved

12 - Reps and Warranties

IN - Industrial

 

OF - Office

 

MH - Mobile Home Park

4 - Extension

9 - Pending Return to Master Servicer

13 - TBD

SE - Securities

 

CH - Cooperative Housing

ZZ - Missing Information/Undefined

5 - Note Sale

98 - Other

 

 

 

 

 

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Page 25 of 30

 


 

 

                   

 

 

 

 

Modified Loan Detail

 

 

 

 

 

Pre-Modification

Post-Modification

 

 

Modification

Modification

 

 

 

 

 

 

Modification

Modification Booking

Closing

Effective

 

 

       Balance

Rate

   Balance

Rate

 

 

 

 

Pros ID

Loan Number

 

 

 

 

Code¹

Date

Date

Date

11

301490011

16,947,564.44

5.60800%

16,947,564.44                      5.60800%

10

08/05/20

07/06/20

09/08/20

23

304101104

11,667,345.24

4.95000%

11,667,345.24                      4.95000%

10

08/18/20

08/06/20

09/08/20

35

301490035

8,493,167.32

5.12900%

8,493,167.32                      5.12900%

10

08/26/20

07/06/20

09/08/20

Totals

 

37,108,077.00

 

37,108,077.00

 

 

 

 

1 Modification Codes

 

 

 

 

 

 

 

 

 

1 - Maturity Date Extension

5 - Temporary Rate Reduction

8 - Other

 

 

 

 

 

 

2 - Amortization Change

6 - Capitalization on Interest

9 - Combination

 

 

 

 

 

 

3 - Principal Write-Off

7 - Capitalization on Taxes

10 - Forbearance

 

 

 

 

 

 

Note: Please refer to Servicer Reports for modification comments.

 

 

 

 

 

 

 

 

 

 

 

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Page 26 of 30

 


 

 

                         

 

 

 

 

Historical Liquidated Loan Detail

 

 

 

 

 

 

 

Loan

 

Gross Sales

 

 

 

 

Current

 

Loss to Loan

Percent of

 

 

Beginning

Most Recent

Proceeds or

Fees,

Net Proceeds

Net Proceeds

 

Period

Cumulative

with

Original

 

Loan

Scheduled

Appraised

Other

Advances,

Received on

Available for

Realized Loss

Adjustment to

Adjustment to

Cumulative

Loan

Pros ID¹

Number           Dist.Date

Balance

Value or BPO

Proceeds

and Expenses

Liquidation

Distribution

to Loan

Loan

Loan

Adjustment

Balance

5

301490005         08/12/21

70,292,484.65

17,000,000.00

21,621,114.65

2,427,313.72

20,674,068.70

18,246,754.98

52,045,729.67

(3,581.47)

106,930.99

51,938,798.68

66.58%

54

301490054         02/12/19

5,727,170.58

3,850,000.00

6,170,576.58

450,729.07

6,170,576.58

5,719,847.51

7,323.07

0.00

458.84

6,864.23

0.11%

67

301490067          01/10/20

3,149,061.09

2,650,000.00

2,999,350.58

1,194,468.50

2,831,125.62

1,636,657.12

1,512,403.97

0.00

21,236.27

1,491,167.70

38.93%

Current Period Totals

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

Cumulative Totals

79,168,716.32

23,500,000.00

30,791,041.81

4,072,511.29

29,675,770.90

25,603,259.61

53,565,456.71

(3,581.47)

128,626.10

53,436,830.61

 

 

Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.).

 

 

 

 

 

 

 

 

 

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Page 27 of 30

 


 

 

                       

 

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

 

 

 

 

 

 

Certificate

Reimb of Prior

 

 

 

 

 

 

 

 

 

 

Interest Paid

Realized Losses

 

Loss Covered by

 

 

 

 

Total Loss

 

 

 

from Collateral

from Collateral

Aggregate

Credit

Loss Applied to

Loss Applied to

Non-Cash

Realized Losses

Applied to

 

Loan

Distribution

Principal

Interest

Realized Loss to

Support/Deal

Certificate

Certificate

Principal

from

Certificate

Pros ID

Number

Date

Collections

Collections

Loan

Structure

Interest Payment

Balance

Adjustment

NRA/WODRA

Balance

5

301490005

11/15/21

0.00

0.00

51,938,798.68

0.00

0.00

3,581.47

0.00

0.00

51,938,798.68

 

 

10/13/21

0.00

0.00

51,935,217.21

0.00

0.00

(110,653.46)

0.00

0.00

 

 

 

09/13/21

0.00

0.00

52,045,870.67

0.00

0.00

141.00

0.00

0.00

 

 

 

08/12/21

0.00

0.00

52,045,729.67

0.00

0.00

52,045,729.67

0.00

0.00

 

54

301490054

05/12/20

0.00

0.00

6,864.23

0.00

0.00

(276.92)

0.00

0.00

6,864.23

 

 

04/13/20

0.00

0.00

7,141.15

0.00

0.00

(276.92)

0.00

0.00

 

 

 

12/12/19

0.00

0.00

7,418.07

0.00

0.00

95.00

0.00

0.00

 

 

 

02/12/19

0.00

0.00

7,323.07

0.00

0.00

7,323.07

0.00

0.00

 

67

301490067

09/13/21

0.00

0.00

1,491,167.70

0.00

0.00

251.42

0.00

0.00

1,491,167.70

 

 

01/12/21

0.00

0.00

1,490,916.28

0.00

0.00

34.22

0.00

0.00

 

 

 

08/12/20

0.00

0.00

1,490,882.06

0.00

0.00

70.00

0.00

0.00

 

 

 

07/10/20

0.00

0.00

1,490,812.06

0.00

0.00

353.58

0.00

0.00

 

 

 

05/12/20

0.00

0.00

1,490,458.48

0.00

0.00

(22,375.99)

0.00

0.00

 

 

 

02/12/20

0.00

0.00

1,512,834.47

0.00

0.00

430.50

0.00

0.00

 

 

 

01/10/20

0.00

0.00

1,512,403.97

0.00

0.00

1,512,403.97

0.00

0.00

 

Current Period Totals

 

0.00

0.00

0.00

0.00

0.00

3,581.47

0.00

0.00

3,581.47

Cumulative Totals

 

0.00

0.00

53,436,830.61

0.00

0.00

53,436,830.61

0.00

0.00

53,436,830.61

 

 

 

 

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Page 28 of 30

 


 

 

                         

 

 

 

 

Interest Shortfall Detail - Collateral Level

 

 

 

 

 

 

 

 

Special Servicing Fees

 

 

 

 

 

 

 

Modified

 

 

Deferred

 

 

 

 

 

Non-

 

Reimbursement of

Other

Interest

 

      Interest

Interest

 

 

 

 

 

Recoverable

Interest on

Advances from

Shortfalls /

Reduction /

Pros ID

      Adjustments

Collected

Monthly

Liquidation

Work Out

ASER

PPIS / (PPIE)

Interest

Advances

Interest

(Refunds)

(Excess)

3

0.00

0.00

18,426.44

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

15

0.00

0.00

3,500.00

0.00

0.00

36,642.97

0.00

0.00

0.00

0.00

0.00

0.00

20

0.00

0.00

3,500.00

0.00

0.00

2,445.35

0.00

0.00

0.00

0.00

0.00

0.00

Total

0.00

0.00

25,426.44

0.00

0.00

39,088.32

0.00

0.00

0.00

0.00

0.00

0.00

Note: Interest Adjustments listed for each loan do not include amounts that were used to adjust the Weighted Average Net Rate of the mortgage loans.

 

 

Collateral Shortfall Total

64,514.76

 

 

 

 

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Page 29 of 30

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 30 of 30

 



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