Form 10-D Morgan Stanley Bank of For: Nov 18
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E-mailUNITED 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 19, 2021 to November 18, 2021
Commission File Number of issuing entity: 333-180779-20
Central Index Key Number of issuing entity: 0001656047
Morgan Stanley
Bank of America Merrill Lynch Trust 2015-C27
(Exact name of issuing entity as specified in its charter)
Commission File Number of depositor: 333-180779
Central Index Key Number of depositor: 0001547361
Morgan Stanley
Capital I Inc.
(Exact name of depositor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001541557
Morgan Stanley
Mortgage Capital Holdings LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001102113
Bank of
America, National Association
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001548567
CIBC Inc.
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001682532
Starwood
Mortgage Funding III LLC
(Exact name of sponsor as specified in its charter)
Jane Lam (212) 761-4000
(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)
38-3979833
38-3979834
38-3979835
38-7143623
(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)
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Title of Class |
Section 12(b) |
Section 12(g) |
Section 15(d) |
Name of Exchange (If Section 12(b)) |
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A-1 |
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X |
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A-SB |
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X |
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A-2 |
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X |
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A-3 |
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X |
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A-4 |
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X |
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X-A |
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X |
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A-S |
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X |
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B |
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X |
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C |
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X |
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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 18, 2021 a distribution was made to holders of the certificates issued by Morgan Stanley Bank of America Merrill Lynch Trust 2015-C27.
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 Morgan Stanley Bank of America Merrill Lynch Trust 2015-C27 in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:
Loss Information as reported on November 18, 2021
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Number of Delinquencies 30+ days |
% of Delinquencies 30+ days by Pool Balance |
Number of Loans/REOs with Losses |
Average Net Loss |
|
1 |
1.03% |
0 |
N/A |
No assets securitized by Morgan Stanley Mortgage Capital Holdings LLC, Bank of America, National Association, CIBC Inc., and Starwood Mortgage Funding III LLC (each a "Securitizer") and held by Morgan Stanley Bank of America Merrill Lynch Trust 2015-C27 were the subject of a demand to repurchase or replace for breach of the representations and warranties during the monthly distribution period from October 19, 2021 to November 18, 2021.
Morgan Stanley Mortgage Capital Holdings LLC filed its most recent Form ABS-15G on November 15, 2021. The CIK number for Morgan Stanley Mortgage Capital Holdings LLC is 0001541557.
Bank of America, National Association filed its most recent Form ABS-15G on November 12, 2021. The CIK number for Bank of America, National Association is 0001102113.
CIBC Inc. filed its most recent Form ABS-15G on February 9, 2021. The CIK number for CIBC Inc. is 0001548567.
Starwood Mortgage Capital LLC, the direct parent of Starwood Mortgage Funding III LLC filed its most recent Form ABS-15G on January 22, 2021. The CIK number for Starwood Mortgage Funding III LLC is 0001682532.
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 6. Significant Obligors of Pool Assets.
The 535-545 Fifth Avenue mortgage loan constitutes a significant obligor within the meaning of Item 1101(k)(2) of Regulation AB and as disclosed in the Prospectus Supplement for Morgan Stanley Bank of America Merrill Lynch Trust 2015-C27. In accordance with Item 1112(b) of Regulation AB, the most recent unaudited net operating income of the significant obligor was $11,705,234.12, a figure for the period of January 1, 2021 through June 30, 2021.
Item 9. Other Information.
Wells Fargo Bank, N.A., in its capacity as Master Servicer for Morgan Stanley Bank of America Merrill Lynch Trust 2015-C27, affirms the following amounts in the respective accounts:
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Collection Account Balance |
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Prior Distribution Date |
10/18/2021 |
$0.00 |
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Current Distribution Date |
11/18/2021 |
$0.00 |
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*REO Account Balance |
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Prior Distribution Date |
10/18/2021 |
$0.00 |
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Current Distribution Date |
11/18/2021 |
$0.00 |
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*As provided by Special Servicer |
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Wells Fargo Bank, N.A., in its capacity as Certificate Administrator for Morgan Stanley Bank of America Merrill Lynch Trust 2015-C27, affirms the following amounts in the respective accounts:
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Distribution Account Balance |
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Prior Distribution Date |
10/18/2021 |
$2,724.31 |
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Current Distribution Date |
11/18/2021 |
$2,816.70 |
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Interest Reserve Account Balance |
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Prior Distribution Date |
10/18/2021 |
$0.00 |
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Current Distribution Date |
11/18/2021 |
$0.00 |
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Excess Liquidation Proceeds Account Balance |
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Prior Distribution Date |
10/18/2021 |
$0.00 |
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Current Distribution Date |
11/18/2021 |
$0.00 |
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TA Unused Fees Account Balance |
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Prior Distribution Date |
10/18/2021 |
$0.00 |
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Current Distribution Date |
11/18/2021 |
$0.00 |
Item 10. Exhibits.
(a) The following is a list of documents filed as part of this Report on Form 10-D:
(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.
Morgan Stanley Capital I Inc.
(Depositor)
/s/ Jane Lam
Jane Lam, President
Date: November 22, 2021
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Distribution Date: |
11/18/21 |
Morgan Stanley Bank of America Merrill Lynch Trust 2015-C27 |
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Determination Date: |
11/12/21 |
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Next Distribution Date: |
12/17/21 |
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Record Date: |
10/29/21 |
Commercial Mortgage Pass-Through Certificates |
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Series 2015-C27 |
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Table of Contents |
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Contacts |
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Section |
Pages |
Role |
Party and Contact Information |
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Certificate Distribution Detail |
2-3 |
Depositor |
Morgan Stanley Capital I Inc. |
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Certificate Factor Detail |
4 |
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General Information Number |
(212) 761-4000 |
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Certificate Interest Reconciliation Detail |
5 |
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1585 Broadway, | New York, NY 10036 |
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Master Servicer |
Wells Fargo Bank, N.A. |
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Additional Information |
6 |
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Investor Relations |
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Bond / Collateral Reconciliation - Cash Flows |
7 |
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1901 Harrison Street, | Oakland, CA 94612 |
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Bond / Collateral Reconciliation - Balances |
8 |
Special Servicer |
CWCapital Asset Management LLC |
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Current Mortgage Loan and Property Stratification |
9-13 |
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Brian Hanson |
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Mortgage Loan Detail (Part 1) |
14-15 |
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900 19th Street, NW,8th Floor | Washington, DC 20006 |
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Mortgage Loan Detail (Part 2) |
16-17 |
Trust Advisor |
Situs Holdings, LLC |
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Principal Prepayment Detail |
18 |
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Attn: Stacey Ciarlanti |
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Historical Detail |
19 |
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2 Embarcadero Center, 8th Floor | San Francisco, CA 94111 |
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Delinquency Loan Detail |
20 |
Certificate Administrator |
Computershare Trust Company, N.A. as agent for Wells Fargo |
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Bank, N.A. |
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Collateral Stratification and Historical Detail |
21 |
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Corporate Trust Services (CMBS) |
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Specially Serviced Loan Detail - Part 1 |
22 |
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9062 Old Annapolis Road, | Columbia, MD 21045 |
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Specially Serviced Loan Detail - Part 2 |
23 |
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Trustee |
Wilmington Trust, National Association |
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Modified Loan Detail |
24 |
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General Contact |
(302) 636-4140 |
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Historical Liquidated Loan Detail |
25 |
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1100 North Market St., | Wilmington, DE 19890 |
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Historical Bond / Collateral Loss Reconciliation Detail |
26 |
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Interest Shortfall Detail - Collateral Level |
27 |
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Supplemental Notes |
28 |
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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.
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
Page 1 of 28 |
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Certificate Distribution Detail |
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Current |
Original |
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Pass-Through Rate |
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Beginning |
Principal |
Interest |
Prepayment |
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Total |
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Credit |
Credit |
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Class |
CUSIP |
(2) |
Original Balance |
Balance |
Distribution |
Distribution |
Penalties |
Realized Losses |
Distribution |
Ending Balance |
Support¹ |
Support¹ |
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Regular Certificates |
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A-1 |
61690AAA2 |
1.980000% |
46,400,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
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A-SB |
61690AAB0 |
3.557000% |
72,000,000.00 |
58,460,794.23 |
1,876,532.47 |
173,287.54 |
113,830.73 |
0.00 |
2,163,650.74 |
56,584,261.76 |
34.57% |
30.00% |
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A-2 |
61690AAC8 |
3.434000% |
40,000,000.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
30.00% |
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A-3 |
61690AAD6 |
3.473000% |
175,000,000.00 |
169,066,958.41 |
1,046,472.62 |
489,307.96 |
61,531.11 |
0.00 |
1,597,311.69 |
168,020,485.79 |
34.57% |
30.00% |
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A-4 |
61690AAE4 |
3.753000% |
242,202,000.00 |
242,202,000.00 |
0.00 |
757,486.76 |
0.00 |
0.00 |
757,486.76 |
242,202,000.00 |
34.57% |
30.00% |
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A-S |
61690AAG9 |
4.068000% |
57,560,000.00 |
57,560,000.00 |
0.00 |
195,128.40 |
0.00 |
0.00 |
195,128.40 |
57,560,000.00 |
26.51% |
23.00% |
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B |
61690AAH7 |
4.655915% |
49,338,000.00 |
49,338,000.00 |
0.00 |
191,427.93 |
0.00 |
0.00 |
191,427.93 |
49,338,000.00 |
19.59% |
17.00% |
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C |
61690AAJ3 |
4.655915% |
34,947,000.00 |
34,947,000.00 |
0.00 |
135,591.87 |
0.00 |
0.00 |
135,591.87 |
34,947,000.00 |
14.69% |
12.75% |
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D |
61765XAN4 |
3.237000% |
38,031,000.00 |
38,031,000.00 |
0.00 |
102,588.62 |
0.00 |
0.00 |
102,588.62 |
38,031,000.00 |
9.36% |
8.13% |
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E |
61765XAQ7 |
3.237000% |
8,223,000.00 |
8,223,000.00 |
0.00 |
22,181.54 |
0.00 |
0.00 |
22,181.54 |
8,223,000.00 |
8.21% |
7.13% |
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F |
61765XAS3 |
3.237000% |
12,334,000.00 |
12,334,000.00 |
0.00 |
33,270.96 |
0.00 |
0.00 |
33,270.96 |
12,334,000.00 |
6.48% |
5.63% |
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G |
61765XAU8 |
3.237000% |
13,362,000.00 |
13,362,000.00 |
0.00 |
36,044.00 |
0.00 |
0.00 |
36,044.00 |
13,362,000.00 |
4.61% |
4.00% |
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H |
61765XAW4 |
3.237000% |
9,177,000.00 |
9,177,000.00 |
0.00 |
24,754.96 |
0.00 |
0.00 |
24,754.96 |
9,177,000.00 |
3.32% |
2.88% |
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J |
61765XAYO |
3.237000% |
23,715,316.00 |
23,715,315.97 |
0.00 |
46,367.21 |
0.00 |
0.00 |
46,367.21 |
23,715,315.97 |
0.00% |
0.00% |
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HMD |
61765XBE3 |
5.043917% |
15,000,000.00 |
13,543,639.48 |
31,067.13 |
58,825.07 |
0.00 |
0.00 |
89,892.20 |
13,512,572.35 |
0.00% |
0.00% |
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V |
61765XBB9 |
0.000000% |
0.01 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
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R |
61765XBC7 |
0.000000% |
1.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00% |
0.00% |
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Regular SubTotal |
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837,289,317.01 |
729,960,708.09 |
2,954,072.22 |
2,266,262.82 |
175,361.84 |
0.00 |
5,395,696.88 |
727,006,635.87 |
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Notional Certificates |
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X-A |
61690AAF1 |
1.028087% |
575,602,000.00 |
469,729,752.64 |
0.00 |
402,435.76 |
120,944.95 |
0.00 |
523,380.71 |
466,806,747.55 |
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X-B |
61765XAA2 |
0.587915% |
57,560,000.00 |
57,560,000.00 |
0.00 |
28,200.30 |
0.00 |
0.00 |
28,200.30 |
57,560,000.00 |
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X-D |
61765XAC8 |
1.418915% |
38,031,000.00 |
38,031,000.00 |
0.00 |
44,968.95 |
0.00 |
0.00 |
44,968.95 |
38,031,000.00 |
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X-E |
61765XAE4 |
1.418915% |
8,223,000.00 |
8,223,000.00 |
0.00 |
9,723.11 |
0.00 |
0.00 |
9,723.11 |
8,223,000.00 |
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X-F |
61765XAG9 |
1.418915% |
12,334,000.00 |
12,334,000.00 |
0.00 |
14,584.08 |
0.00 |
0.00 |
14,584.08 |
12,334,000.00 |
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Certificate Distribution Detail continued to next page |
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 2 of 28 |
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Certificate Distribution Detail |
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Current |
Original |
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Pass-Through Rate |
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Beginning |
Principal |
Interest |
Prepayment |
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Total |
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Credit |
Credit |
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Class |
CUSIP |
(2) |
Original Balance |
Balance |
Distribution |
Distribution |
Penalties |
Realized Losses |
Distribution |
Ending Balance |
Support¹ |
Support¹ |
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Notional Certificates |
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X-GH |
61765XAJ3 |
1.418915% |
22,539,000.00 |
22,539,000.00 |
0.00 |
26,650.76 |
0.00 |
0.00 |
26,650.76 |
22,539,000.00 |
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X-J |
61765XAL8 |
1.418915% |
23,715,316.00 |
23,715,315.97 |
0.00 |
28,041.67 |
0.00 |
0.00 |
28,041.67 |
23,715,315.97 |
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Notional SubTotal |
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738,004,316.00 |
632,132,068.61 |
0.00 |
554,604.63 |
120,944.95 |
0.00 |
675,549.58 |
629,209,063.52 |
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Deal Distribution Total |
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2,954,072.22 |
2,820,867.45 |
296,306.79 |
0.00 |
6,071,246.46 |
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* |
Denotes the Controlling Class (if required) |
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(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 |
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the result by (A). |
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(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 |
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underlying index (if and as applicable), and any other matters provided in the governing documents. |
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 3 of 28 |
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Certificate Factor Detail |
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Cumulative |
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Interest Shortfalls |
Interest |
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Class |
CUSIP |
Beginning Balance |
Principal Distribution |
Interest Distribution |
/ (Paybacks) |
Shortfalls |
Prepayment Penalties |
Losses |
Total Distribution |
Ending Balance |
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Regular Certificates |
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A-1 |
61690AAA2 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
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A-SB |
61690AAB0 |
811.95547542 |
26.06295097 |
2.40677139 |
0.00000000 |
0.00000000 |
1.58098236 |
0.00000000 |
30.05070472 |
785.89252444 |
|
A-2 |
61690AAC8 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
A-3 |
61690AAD6 |
966.09690520 |
5.97984354 |
2.79604549 |
0.00000000 |
0.00000000 |
0.35160634 |
0.00000000 |
9.12749537 |
960.11706166 |
|
A-4 |
61690AAE4 |
1,000.00000000 |
0.00000000 |
3.12750002 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.12750002 |
1,000.00000000 |
|
A-S |
61690AAG9 |
1,000.00000000 |
0.00000000 |
3.39000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.39000000 |
1,000.00000000 |
|
B |
61690AAH7 |
1,000.00000000 |
0.00000000 |
3.87992886 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.87992886 |
1,000.00000000 |
|
C |
61690AAJ3 |
1,000.00000000 |
0.00000000 |
3.87992875 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
3.87992875 |
1,000.00000000 |
|
D |
61765XAN4 |
1,000.00000000 |
0.00000000 |
2.69749993 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.69749993 |
1,000.00000000 |
|
E |
61765XAQ7 |
1,000.00000000 |
0.00000000 |
2.69749970 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.69749970 |
1,000.00000000 |
|
F |
61765XAS3 |
1,000.00000000 |
0.00000000 |
2.69749959 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.69749959 |
1,000.00000000 |
|
G |
61765XAU8 |
1,000.00000000 |
0.00000000 |
2.69750037 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.69750037 |
1,000.00000000 |
|
H |
61765XAW4 |
1,000.00000000 |
0.00000000 |
2.69750027 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
2.69750027 |
1,000.00000000 |
|
J |
61765XAYO |
999.99999873 |
0.00000000 |
1.95515885 |
0.74234136 |
7.58761005 |
0.00000000 |
0.00000000 |
1.95515885 |
999.99999873 |
|
HMD |
61765XBE3 |
902.90929867 |
2.07114200 |
3.92167133 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
5.99281333 |
900.83815667 |
|
V |
61765XBB9 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
R |
61765XBC7 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
|
|
||||||||||
|
Notional Certificates |
|
|
|
|
|
|
|
|
|
|
|
X-A |
61690AAF1 |
816.06692235 |
0.00000000 |
0.69915629 |
0.00000000 |
0.00000000 |
0.21011906 |
0.00000000 |
0.90927535 |
810.98875186 |
|
X-B |
61765XAA2 |
1,000.00000000 |
0.00000000 |
0.48992877 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
0.48992877 |
1,000.00000000 |
|
X-D |
61765XAC8 |
1,000.00000000 |
0.00000000 |
1.18242881 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.18242881 |
1,000.00000000 |
|
X-E |
61765XAE4 |
1,000.00000000 |
0.00000000 |
1.18242855 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.18242855 |
1,000.00000000 |
|
X-F |
61765XAG9 |
1,000.00000000 |
0.00000000 |
1.18242906 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.18242906 |
1,000.00000000 |
|
X-GH |
61765XAJ3 |
1,000.00000000 |
0.00000000 |
1.18242868 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.18242868 |
1,000.00000000 |
|
X-J |
61765XAL8 |
999.99999873 |
0.00000000 |
1.18242869 |
0.00000000 |
0.00000000 |
0.00000000 |
0.00000000 |
1.18242869 |
999.99999873 |
|
|
||||||||||
|
|
||||||||||
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 4 of 28 |
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|
|
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-SB |
10/01/21 - 10/30/21 |
30 |
0.00 |
173,287.54 |
0.00 |
173,287.54 |
0.00 |
0.00 |
0.00 |
173,287.54 |
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 |
489,307.96 |
0.00 |
489,307.96 |
0.00 |
0.00 |
0.00 |
489,307.96 |
0.00 |
|
|
A-4 |
10/01/21 - 10/30/21 |
30 |
0.00 |
757,486.76 |
0.00 |
757,486.76 |
0.00 |
0.00 |
0.00 |
757,486.76 |
0.00 |
|
|
A-S |
10/01/21 - 10/30/21 |
30 |
0.00 |
195,128.40 |
0.00 |
195,128.40 |
0.00 |
0.00 |
0.00 |
195,128.40 |
0.00 |
|
|
X-A |
10/01/21 - 10/30/21 |
30 |
0.00 |
402,435.76 |
0.00 |
402,435.76 |
0.00 |
0.00 |
0.00 |
402,435.76 |
0.00 |
|
|
X-B |
10/01/21 - 10/30/21 |
30 |
0.00 |
28,200.30 |
0.00 |
28,200.30 |
0.00 |
0.00 |
0.00 |
28,200.30 |
0.00 |
|
|
X-D |
10/01/21 - 10/30/21 |
30 |
0.00 |
44,968.95 |
0.00 |
44,968.95 |
0.00 |
0.00 |
0.00 |
44,968.95 |
0.00 |
|
|
X-E |
10/01/21 - 10/30/21 |
30 |
0.00 |
9,723.11 |
0.00 |
9,723.11 |
0.00 |
0.00 |
0.00 |
9,723.11 |
0.00 |
|
|
X-F |
10/01/21 - 10/30/21 |
30 |
0.00 |
14,584.08 |
0.00 |
14,584.08 |
0.00 |
0.00 |
0.00 |
14,584.08 |
0.00 |
|
|
X-GH |
10/01/21 - 10/30/21 |
30 |
0.00 |
26,650.76 |
0.00 |
26,650.76 |
0.00 |
0.00 |
0.00 |
26,650.76 |
0.00 |
|
|
X-J |
10/01/21 - 10/30/21 |
30 |
0.00 |
28,041.67 |
0.00 |
28,041.67 |
0.00 |
0.00 |
0.00 |
28,041.67 |
0.00 |
|
|
B |
10/01/21 - 10/30/21 |
30 |
0.00 |
191,427.93 |
0.00 |
191,427.93 |
0.00 |
0.00 |
0.00 |
191,427.93 |
0.00 |
|
|
C |
10/01/21 - 10/30/21 |
30 |
0.00 |
135,591.87 |
0.00 |
135,591.87 |
0.00 |
0.00 |
0.00 |
135,591.87 |
0.00 |
|
|
D |
10/01/21 - 10/30/21 |
30 |
0.00 |
102,588.62 |
0.00 |
102,588.62 |
0.00 |
0.00 |
0.00 |
102,588.62 |
0.00 |
|
|
E |
10/01/21 - 10/30/21 |
30 |
0.00 |
22,181.54 |
0.00 |
22,181.54 |
0.00 |
0.00 |
0.00 |
22,181.54 |
0.00 |
|
|
F |
10/01/21 - 10/30/21 |
30 |
0.00 |
33,270.96 |
0.00 |
33,270.96 |
0.00 |
0.00 |
0.00 |
33,270.96 |
0.00 |
|
|
G |
10/01/21 - 10/30/21 |
30 |
0.00 |
36,044.00 |
0.00 |
36,044.00 |
0.00 |
0.00 |
0.00 |
36,044.00 |
0.00 |
|
|
H |
10/01/21 - 10/30/21 |
30 |
0.00 |
24,754.96 |
0.00 |
24,754.96 |
0.00 |
0.00 |
0.00 |
24,754.96 |
0.00 |
|
|
J |
10/01/21 - 10/30/21 |
30 |
162,337.71 |
63,972.06 |
0.00 |
63,972.06 |
17,604.86 |
0.00 |
0.00 |
46,367.21 |
179,942.57 |
|
|
HMD |
10/01/21 - 10/31/21 |
31 |
0.00 |
58,825.07 |
0.00 |
58,825.07 |
0.00 |
0.00 |
0.00 |
58,825.07 |
0.00 |
|
|
Totals |
|
|
162,337.71 |
2,838,472.30 |
0.00 |
2,838,472.30 |
17,604.86 |
0.00 |
0.00 |
2,820,867.45 |
179,942.57 |
|
|
|
||||||||||||
|
|
||||||||||||
|
|
||||||||||||
|
|
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|
© Copyright 2021 Computershare. All rights reserved. Confidential. |
|
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|
|
|
|
Page 5 of 28 |
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|
|
Additional Information |
|
|
Total Available Distribution Amount (1) |
6,071,246.46 |
|
|
(1) The Available Distribution Amount includes any Prepayment Premiums. |
|
|
|
|
||
|
|
||
|
|
||
|
|
||
|
© Copyright 2021 Computershare. All rights reserved. Confidential. |
|
Page 6 of 28 |
|
Bond / Collateral Reconciliation - Cash Flows |
|
||
|
|
|||
|
Total Funds Collected |
|
Total Funds Distributed |
|
|
Interest |
|
Fees |
|
|
Interest Paid or Advanced |
2,851,368.92 |
Master Servicing Fee |
8,937.69 |
|
Interest Reductions due to Nonrecoverability Determination |
0.00 |
Certificate Administration Fee |
2,812.88 |
|
Interest Adjustments |
0.00 |
Trustee Fee |
210.00 |
|
Deferred Interest |
0.00 |
CREFC® Intellectual Property Royalty License Fee |
314.29 |
|
ARD Interest |
0.00 |
Operating Advisor Fee |
14.58 |
|
Net Prepayment Interest Excess / (Shortfall) |
0.00 |
Trust Advisor Fee |
607.16 |
|
Extension Interest |
0.00 |
|
|
|
Interest Reserve Withdrawal |
0.00 |
|
|
|
Total Interest Collected |
2,851,368.92 |
Total Fees |
12,896.61 |
|
|
|||
|
Principal |
|
Expenses/Reimbursements |
|
|
Scheduled Principal |
1,223,702.96 |
Reimbursement for Interest on Advances |
0.00 |
|
Unscheduled Principal Collections |
|
ASER Amount |
11,690.89 |
|
Principal Prepayments |
1,730,369.26 |
Special Servicing Fees (Monthly) |
2,724.87 |
|
Collection of Principal after Maturity Date |
0.00 |
Special Servicing Fees (Liquidation) |
0.00 |
|
Recoveries From Liquidations and Insurance Proceeds |
0.00 |
Special Servicing Fees (Work Out) |
3,189.10 |
|
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 |
2,954,072.22 |
Total Expenses/Reimbursements |
17,604.86 |
|
|
|||
|
|
|
Interest Reserve Deposit |
0.00 |
|
|
|||
|
Other |
|
Payments to Certificateholders and Others |
|
|
Prepayment Penalties / Yield Maintenance |
296,306.79 |
Interest Distribution |
2,820,867.45 |
|
Gain on Sale / Excess Liquidation Proceeds |
0.00 |
Principal Distribution |
2,954,072.22 |
|
Borrower Option Extension Fees |
0.00 |
Prepayment Penalties / Yield Maintenance |
296,306.79 |
|
Net SWAP Counterparty Payments Received |
0.00 |
Borrower Option Extension Fees |
0.00 |
|
|
|
Net SWAP Counterparty Payments Paid |
0.00 |
|
Total Other Collected |
296,306.79 |
Total Payments to Certificateholders and Others |
6,071,246.46 |
|
Total Funds Collected |
6,101,747.93 |
Total Funds Distributed |
6,101,747.93 |
|
|
|||
|
© Copyright 2021 Computershare. All rights reserved. Confidential. |
|
|
Page 7 of 28 |
|
|
|
Bond / Collateral Reconciliation - Balances |
|
||
|
|
|||||
|
|
|
Collateral Reconciliation |
|
Certificate Reconciliation |
|
|
|
|
|
Total |
|
Total |
|
Beginning Scheduled Collateral Balance |
716,417,068.81 |
716,417,068.81 |
Beginning Certificate Balance |
729,960,708.09 |
|
|
(-) Scheduled Principal Collections |
1,192,635.83 |
1,192,635.83 |
(-) Principal Distributions |
2,954,072.22 |
|
|
(-) Unscheduled Principal Collections |
1,730,369.26 |
1,730,369.26 |
(-) Realized Losses |
0.00 |
|
|
(-) Principal Adjustments (Cash) |
0.00 |
0.00 |
Realized Loss and Realized Loss Adjustments on Collateral |
0.00 |
|
|
(-) Principal Adjustments (Non-Cash) |
0.00 |
0.00 |
Current Period NRA¹ |
0.00 |
|
|
(-) Realized Losses from Collateral |
0.00 |
0.00 |
Current Period WODRA¹ |
0.00 |
|
|
(-) Other Adjustments² |
0.00 |
0.00 |
Principal Used to Pay Interest |
0.00 |
|
|
|
|
|
|
Non-Cash Principal Adjustments |
0.00 |
|
Ending Scheduled Collateral Balance |
713,494,063.72 |
713,494,063.72 |
Certificate Other Adjustments** |
0.00 |
|
|
Beginning Actual Collateral Balance |
717,162,002.80 |
717,162,002.80 |
Ending Certificate Balance |
727,006,635.87 |
|
|
Ending Actual Collateral Balance |
714,341,448.86 |
714,341,448.86 |
|
|
|
|
|
|||||
|
|
|||||
|
|
|||||
|
|
|
NRA/WODRA Reconciliation |
|
Under / Over Collateralization Reconciliation |
|
|
|
|
Non-Recoverable Advances (NRA) from |
Workout Delayed Reimbursement of Advances |
|
|
|
|
|
Principal |
(WODRA) from Principal |
Beginning UC / (OC) |
(0.20) |
|
Beginning Cumulative Advances |
0.00 |
0.00 |
UC / (OC) Change |
0.00 |
|
|
Current Period Advances |
0.00 |
0.00 |
Ending UC / (OC) |
(0.20) |
|
|
Ending Cumulative Advances |
0.00 |
0.00 |
Net WAC Rate |
0.00% |
|
|
|
|
|
|
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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|
|||||
|
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|||||
|
© Copyright 2021 Computershare. All rights reserved. Confidential. |
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|
Page 8 of 28 |
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|
|
Current Mortgage Loan and Property Stratification |
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||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
||||||||||||||
|
|
|
|
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 |
6 |
22,130,709.13 |
3.10% |
48 |
4.7225 |
NAP |
Defeased |
6 |
22,130,709.13 |
3.10% |
48 |
4.7225 |
NAP |
|
|
5,000,000 or less |
13 |
42,947,922.57 |
6.02% |
47 |
4.7188 |
2.100809 |
1.40 or less |
16 |
315,853,583.22 |
44.27% |
46 |
4.6216 |
0.792479 |
|
5,000,001 to 10,000,000 |
14 |
94,060,570.27 |
13.18% |
47 |
4.5845 |
1.411361 |
1.41 to 1.50 |
4 |
46,214,876.66 |
6.48% |
48 |
4.6003 |
1.444059 |
|
|
10,000,001 to 15,000,000 |
5 |
60,477,106.33 |
8.48% |
47 |
4.3757 |
2.105421 |
1.51 to 1.60 |
4 |
37,636,705.29 |
5.27% |
46 |
4.4477 |
1.547717 |
|
|
15,000,001 to 25,000,000 |
6 |
114,178,502.53 |
16.00% |
71 |
4.6528 |
1.532183 |
1.61 to 1.70 |
4 |
58,418,917.16 |
8.19% |
43 |
4.1038 |
1.673167 |
|
|
25,000,001 to 50,000,000 |
8 |
273,518,743.90 |
38.34% |
42 |
4.2998 |
1.669205 |
1.71 to 1.80 |
1 |
15,221,794.97 |
2.13% |
47 |
4.6200 |
1.791200 |
|
|
50,000,001 to 75,000,000 |
2 |
106,180,508.99 |
14.88% |
47 |
4.8723 |
0.123727 |
1.81 to 1.90 |
4 |
33,203,161.68 |
4.65% |
46 |
4.5275 |
1.866139 |
|
|
|
75,000,001 or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
1.91 to 2.00 |
3 |
65,192,571.61 |
9.14% |
46 |
4.3187 |
1.939832 |
|
|
Totals |
54 |
713,494,063.72 |
100.00% |
49 |
4.5238 |
1.448035 |
2.01 to 2.50 |
6 |
82,361,042.60 |
11.54% |
68 |
4.6732 |
2.311693 |
|
|
|
|
|
|
|
|
|
2.51 to 3.00 |
1 |
10,900,000.00 |
1.53% |
48 |
4.0500 |
2.623051 |
|
|
|
|
|
|
|
|
|
3.01 or greater |
5 |
26,360,701.40 |
3.69% |
48 |
4.2660 |
3.309211 |
|
|
|
|
|
|
|
|
|
Totals |
54 |
713,494,063.72 |
100.00% |
49 |
4.5238 |
1.448035 |
|
(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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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 9 of 28 |
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Current Mortgage Loan and Property Stratification |
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|
|
|
State³ |
|
|
|
|
|
State³ |
|
|
|
|
|
|
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
State |
|
|
|
WAM² |
WAC |
|
State |
|
|
|
WAM² |
WAC |
|
|
|
Properties |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
Properties |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
Defeased |
6 |
22,130,709.13 |
3.10% |
48 |
4.7225 |
NAP |
New Jersey |
3 |
6,234,373.98 |
0.87% |
53 |
4.4311 |
1.916045 |
|
Alabama |
3 |
577,838.86 |
0.08% |
166 |
4.8650 |
2.067200 |
New York |
11 |
133,087,826.40 |
18.65% |
39 |
4.0787 |
1.806630 |
|
Arizona |
1 |
513,347.92 |
0.07% |
166 |
4.8650 |
2.067200 |
North Carolina |
6 |
18,095,613.83 |
2.54% |
52 |
4.7098 |
1.352540 |
|
Arkansas |
5 |
9,431,538.04 |
1.32% |
54 |
4.6463 |
1.367079 |
Ohio |
10 |
12,564,997.11 |
1.76% |
55 |
4.5516 |
2.037070 |
|
California |
15 |
105,869,450.37 |
14.84% |
49 |
4.7128 |
0.387762 |
Oklahoma |
1 |
608,794.51 |
0.09% |
166 |
4.8650 |
2.067200 |
|
Colorado |
2 |
6,156,094.52 |
0.86% |
56 |
4.6821 |
0.727982 |
Oregon |
2 |
420,480.96 |
0.06% |
166 |
4.8650 |
2.067200 |
|
Connecticut |
4 |
582,998.13 |
0.08% |
166 |
4.8650 |
2.067200 |
Pennsylvania |
10 |
3,324,724.42 |
0.47% |
113 |
5.0503 |
1.568575 |
|
Delaware |
1 |
3,144,230.77 |
0.44% |
47 |
4.4100 |
1.908700 |
Rhode Island |
1 |
90,287.33 |
0.01% |
166 |
4.8650 |
2.067200 |
|
Florida |
6 |
72,400,858.76 |
10.15% |
48 |
4.8616 |
1.313006 |
South Carolina |
2 |
296,658.34 |
0.04% |
166 |
4.8650 |
2.067200 |
|
Georgia |
5 |
32,103,746.81 |
4.50% |
47 |
4.4122 |
1.827267 |
Tennessee |
4 |
539,660.22 |
0.08% |
166 |
4.8650 |
2.067200 |
|
Idaho |
1 |
128,981.89 |
0.02% |
166 |
4.8650 |
2.067200 |
Texas |
19 |
134,209,926.96 |
18.81% |
49 |
4.6820 |
1.440679 |
|
Illinois |
3 |
715,075.59 |
0.10% |
166 |
4.8650 |
2.067200 |
Utah |
1 |
69,650.22 |
0.01% |
166 |
4.8650 |
2.067200 |
|
Indiana |
6 |
16,583,161.66 |
2.32% |
50 |
4.4180 |
1.777235 |
Virginia |
4 |
22,096,658.34 |
3.10% |
50 |
4.0609 |
2.958546 |
|
Iowa |
2 |
26,766,254.05 |
3.75% |
49 |
4.5551 |
1.116756 |
Washington |
2 |
162,517.18 |
0.02% |
166 |
4.8650 |
2.067200 |
|
Kansas |
1 |
3,868,886.00 |
0.54% |
46 |
4.7300 |
1.944000 |
Wisconsin |
3 |
10,135,978.60 |
1.42% |
51 |
4.8021 |
1.343964 |
|
Kentucky |
3 |
655,014.24 |
0.09% |
99 |
5.0991 |
1.437385 |
Totals |
166 |
713,494,063.72 |
100.00% |
49 |
4.5238 |
1.448035 |
|
Louisiana |
4 |
39,397,706.48 |
5.52% |
47 |
4.2638 |
1.934177 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Property Type³ |
|
|
|
|
|
Maine |
1 |
118,663.33 |
0.02% |
166 |
4.8650 |
2.067200 |
|
|
|
|
|
|
|
|
Maryland |
1 |
7,145,979.02 |
1.00% |
47 |
4.4100 |
1.908700 |
|
# Of |
Scheduled |
% Of |
|
|
Weighted Avg |
|
|
|
|
|
|
|
|
Property Type |
|
|
|
WAM² |
WAC |
|
|
Massachusetts |
2 |
317,295.45 |
0.04% |
166 |
4.8650 |
2.067200 |
|
Properties |
Balance |
Agg. Bal. |
|
|
DSCR¹ |
|
Michigan |
7 |
10,882,840.40 |
1.53% |
57 |
4.6286 |
1.784817 |
Defeased |
6 |
22,130,709.13 |
3.10% |
48 |
4.7225 |
NAP |
|
Minnesota |
1 |
3,915,996.50 |
0.55% |
47 |
4.4100 |
1.908700 |
Industrial |
2 |
21,800,000.00 |
3.06% |
48 |
4.0500 |
2.970675 |
|
Mississippi |
1 |
82,548.41 |
0.01% |
166 |
4.8650 |
2.067200 |
Lodging |
6 |
129,868,638.21 |
18.20% |
47 |
4.8653 |
0.209929 |
|
Missouri |
4 |
7,844,850.16 |
1.10% |
54 |
4.7403 |
0.120665 |
Mixed Use |
5 |
134,492,571.08 |
18.85% |
36 |
4.0800 |
1.796652 |
|
New Hampshire |
2 |
221,848.85 |
0.03% |
166 |
4.8650 |
2.067200 |
Multi-Family |
11 |
143,374,301.37 |
20.09% |
47 |
4.5308 |
1.517965 |
|
|
|
|
|
|
|
|
Office |
4 |
65,003,132.35 |
9.11% |
47 |
4.7214 |
1.333280 |
|
|
|
|
|
|
|
|
Retail |
24 |
161,613,751.02 |
22.65% |
47 |
4.5356 |
1.698828 |
|
|
|
|
|
|
|
|
Self Storage |
108 |
35,210,960.56 |
4.94% |
121 |
4.6798 |
2.340990 |
|
|
|
|
|
|
|
|
Totals |
166 |
713,494,063.72 |
100.00% |
49 |
4.5238 |
1.448035 |
|
|
|||||||||||||
|
Note: Please refer to footnotes on the next page of the report. |
|
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|
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|
© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 10 of 28 |
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|
Current Mortgage Loan and Property Stratification |
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|
|
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|
|
||||||||||||||
|
|
||||||||||||||
|
|
|
|
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 |
6 |
22,130,709.13 |
3.10% |
48 |
4.7225 |
NAP |
Defeased |
6 |
22,130,709.13 |
3.10% |
48 |
4.7225 |
NAP |
|
|
4.000% or less |
3 |
90,000,000.00 |
12.61% |
40 |
3.8600 |
1.505037 |
12 months or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.001% to 4.500% |
11 |
142,860,193.46 |
20.02% |
46 |
4.2736 |
2.121589 |
13 months to 24 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
4.501% to 5.000% |
32 |
451,852,547.44 |
63.33% |
51 |
4.7150 |
1.204762 |
25 months to 36 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
5.001% or greater |
2 |
6,650,613.69 |
0.93% |
47 |
5.2240 |
1.808667 |
37 months to 48 months |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
Totals |
54 |
713,494,063.72 |
100.00% |
49 |
4.5238 |
1.448035 |
49 months or greater |
48 |
691,363,354.59 |
96.90% |
49 |
4.5174 |
1.439109 |
|
|
|
|
|
|
|
|
|
Totals |
54 |
713,494,063.72 |
100.00% |
49 |
4.5238 |
1.448035 |
|
(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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|
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|
© Copyright 2021 Computershare. All rights reserved. Confidential. |
|
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|
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|
Page 11 of 28 |
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Current Mortgage Loan and Property Stratification |
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|
|
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|
|
||||||||||||||
|
|
|
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 |
6 |
22,130,709.13 |
3.10% |
48 |
4.7225 |
NAP |
Defeased |
6 |
22,130,709.13 |
3.10% |
48 |
4.7225 |
NAP |
|
|
120 months or less |
47 |
669,451,911.37 |
93.83% |
45 |
4.5060 |
1.418551 |
Interest Only |
12 |
204,510,721.67 |
28.66% |
40 |
4.1707 |
2.022306 |
|
|
121 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
240 months or less |
7 |
65,663,821.09 |
9.20% |
46 |
4.4779 |
1.645995 |
|
|
Totals |
53 |
691,582,620.50 |
96.93% |
45 |
4.5130 |
1.428418 |
241 months to 300 months |
28 |
399,277,368.61 |
55.96% |
47 |
4.6824 |
1.071902 |
|
|
|
|
|
|
|
|
|
301 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
|
Totals |
53 |
691,582,620.50 |
96.93% |
45 |
4.5130 |
1.428418 |
|
(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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|
|
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|
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|
© Copyright 2021 Computershare. All rights reserved. Confidential. |
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|
Page 12 of 28 |
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|
Current Mortgage Loan and Property Stratification |
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|
|
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|
|
||||||||||||||
|
|
||||||||||||||
|
|
|
|
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 |
6 |
22,130,709.13 |
3.10% |
48 |
4.7225 |
NAP |
120 months or less |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
Underwriter's Information |
3 |
60,900,000.00 |
8.54% |
41 |
3.8940 |
1.592325 |
121 months to 240 months |
1 |
21,911,443.22 |
3.07% |
166 |
4.8650 |
2.067200 |
|
|
|
12 months or less |
41 |
563,994,174.33 |
79.05% |
50 |
4.5441 |
1.418355 |
241 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
13 months to 24 months |
4 |
66,469,180.26 |
9.32% |
47 |
4.8622 |
1.474827 |
Totals |
1 |
21,911,443.22 |
3.07% |
166 |
4.8650 |
2.067200 |
|
|
25 months or greater |
0 |
0.00 |
0.00% |
0 |
0.0000 |
0.000000 |
|
|
|
|
|
|
|
|
|
Totals |
54 |
713,494,063.72 |
100.00% |
49 |
4.5238 |
1.448035 |
|
|
|
|
|
|
|
|
(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 |
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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. |
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(4) |
Note: There are no Hyper-Amortization Loans included in the Mortgage Pool. |
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 13 of 28 |
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Mortgage Loan Detail (Part 1) |
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Prop |
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|
|
Original Adjusted |
Beginning |
Ending |
Paid |
|
|
|
|
|
Type |
|
|
Interest |
|
Scheduled |
Scheduled |
Principal |
Anticipated Maturity Maturity |
Scheduled |
Scheduled |
Through |
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||
|
Pros ID |
Loan ID |
(1) |
City |
State Accrual Type Gross Rate |
Interest |
Principal |
Adjustments Repay Date Date |
Date |
Balance |
Balance |
Date |
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|
1 |
453000238 |
MU |
New York |
NY |
Actual/360 |
3.860% |
132,955.56 |
0.00 |
0.00 |
N/A |
03/06/25 |
-- |
40,000,000.00 |
40,000,000.00 |
11/06/21 |
|
|
1A |
453000294 |
MU |
New York |
NY |
Actual/360 |
3.860% |
132,955.56 |
0.00 |
0.00 |
N/A |
03/06/25 |
-- |
40,000,000.00 |
40,000,000.00 |
11/06/21 |
|
|
1B |
453000295 |
MU |
New York |
NY |
Actual/360 |
3.860% |
33,238.89 |
0.00 |
0.00 |
N/A |
03/06/25 |
-- |
10,000,000.00 |
10,000,000.00 |
11/06/21 |
|
|
2 |
300801372 |
LO |
Hollywood |
FL |
Actual/360 |
4.913% |
229,179.81 |
89,730.49 |
0.00 |
N/A |
10/01/25 |
-- |
54,171,442.92 |
54,081,712.43 |
04/01/21 |
|
|
3 |
1544454 |
LO |
San Jose |
CA |
Actual/360 |
4.830% |
216,945.82 |
62,088.70 |
0.00 |
N/A |
09/01/25 |
-- |
52,160,885.26 |
52,098,796.56 |
11/01/21 |
|
|
4 |
1544803 |
SS |
Various |
Various |
Actual/360 |
4.865% |
93,600.21 |
431,212.02 |
0.00 |
N/A |
09/01/35 |
-- |
22,342,655.24 |
21,911,443.22 |
11/01/21 |
|
|
5 |
305081005 |
OF |
Richardson |
TX |
Actual/360 |
4.790% |
163,717.86 |
52,457.33 |
0.00 |
N/A |
10/01/25 |
-- |
39,691,851.41 |
39,639,394.08 |
11/01/21 |
|
|
6 |
453000198 |
MU |
New York |
NY |
Actual/360 |
4.510% |
155,344.44 |
0.00 |
0.00 |
N/A |
01/07/24 |
-- |
40,000,000.00 |
40,000,000.00 |
11/07/21 |
|
|
7 |
1544889 |
RT |
Hammond |
LA |
Actual/360 |
4.200% |
124,089.83 |
78,703.40 |
0.00 |
N/A |
08/01/25 |
-- |
34,310,553.34 |
34,231,849.94 |
11/01/21 |
|
|
9 |
1545593 |
RT |
Various |
Various |
Actual/360 |
4.410% |
102,881.25 |
0.00 |
0.00 |
N/A |
10/01/25 |
-- |
27,091,835.67 |
27,091,835.67 |
11/01/21 |
|
|
10 |
300801402 |
MF |
Ames |
IA |
Actual/360 |
4.553% |
104,363.38 |
33,293.23 |
0.00 |
N/A |
11/01/25 |
-- |
26,618,972.63 |
26,585,679.40 |
11/01/21 |
|
|
11 |
305081011 |
MF |
Augusta |
GA |
Actual/360 |
4.340% |
97,184.83 |
34,579.27 |
0.00 |
N/A |
08/01/25 |
-- |
26,004,564.08 |
25,969,984.81 |
11/01/21 |
|
|
12 |
300801383 |
RT |
Fairfield |
CA |
Actual/360 |
4.721% |
84,276.81 |
30,673.25 |
0.00 |
N/A |
11/01/25 |
-- |
20,730,745.01 |
20,700,071.76 |
11/01/21 |
|
|
13 |
300801401 |
IN |
Manassas |
VA |
Actual/360 |
4.050% |
38,013.75 |
0.00 |
0.00 |
N/A |
11/01/25 |
-- |
10,900,000.00 |
10,900,000.00 |
11/01/21 |
|
|
13A |
304101476 |
IN |
Manassas |
VA |
Actual/360 |
4.050% |
38,013.75 |
0.00 |
0.00 |
N/A |
11/01/25 |
-- |
10,900,000.00 |
10,900,000.00 |
11/01/21 |
|
|
14 |
300801390 |
RT |
Houston |
TX |
Actual/360 |
4.568% |
80,629.06 |
29,178.69 |
0.00 |
N/A |
11/01/25 |
-- |
20,497,755.03 |
20,468,576.34 |
11/01/21 |
|
|
15 |
300801393 |
MF |
San Antonio |
TX |
Actual/360 |
4.522% |
77,541.02 |
25,073.63 |
0.00 |
N/A |
11/01/25 |
-- |
19,913,232.13 |
19,888,158.50 |
11/01/21 |
|
|
16 |
300801405 |
OF |
Beverly Hills |
CA |
Actual/360 |
4.576% |
63,080.13 |
19,922.65 |
0.00 |
N/A |
11/01/25 |
-- |
16,008,380.39 |
15,988,457.74 |
11/01/21 |
|
|
17 |
300801375 |
MF |
Houston |
TX |
Actual/360 |
4.620% |
60,632.50 |
18,884.29 |
0.00 |
N/A |
10/01/25 |
-- |
15,240,679.26 |
15,221,794.97 |
11/01/21 |
|
|
18 |
1544460 |
MF |
San Antonio |
TX |
Actual/360 |
4.620% |
54,289.03 |
17,006.31 |
0.00 |
N/A |
09/01/25 |
-- |
13,646,174.19 |
13,629,167.88 |
11/01/21 |
|
|
19 |
305081019 |
MF |
Greenwood |
IN |
Actual/360 |
4.270% |
48,041.05 |
17,542.77 |
0.00 |
N/A |
09/01/25 |
-- |
13,065,481.22 |
13,047,938.45 |
11/01/21 |
|
|
20 |
1544751 |
RT |
Plant City |
FL |
Actual/360 |
4.805% |
49,651.67 |
0.00 |
0.00 |
N/A |
09/01/25 |
-- |
12,000,000.00 |
12,000,000.00 |
11/01/21 |
|
|
21 |
1544928 |
MF |
Pleasant Prairie |
WI |
Actual/360 |
4.800% |
40,618.04 |
13,422.49 |
0.00 |
N/A |
10/01/25 |
-- |
9,826,946.36 |
9,813,523.87 |
11/01/21 |
|
|
23 |
695100594 |
MF |
Garfield Heights |
OH |
Actual/360 |
4.618% |
32,187.26 |
14,047.60 |
0.00 |
N/A |
11/06/25 |
-- |
8,094,143.47 |
8,080,095.87 |
11/06/21 |
|
|
24 |
695100591 |
OF |
Auburn Hills |
MI |
Actual/360 |
4.700% |
28,117.84 |
27,866.32 |
0.00 |
N/A |
11/06/25 |
-- |
6,947,440.96 |
6,919,574.64 |
11/06/21 |
|
|
25 |
695100589 |
LO |
Kansas City |
MO |
Actual/360 |
4.734% |
30,496.07 |
12,720.65 |
0.00 |
N/A |
11/06/25 |
-- |
7,480,943.69 |
7,468,223.04 |
07/06/20 |
|
|
26 |
1545434 |
RT |
Durham |
NC |
Actual/360 |
4.740% |
31,912.99 |
10,875.20 |
0.00 |
N/A |
09/01/25 |
-- |
7,818,618.27 |
7,807,743.07 |
11/01/21 |
|
|
28 |
695100593 |
MF |
Broadview Heights |
OH |
Actual/360 |
4.550% |
27,494.96 |
10,729.58 |
0.00 |
N/A |
11/06/25 |
-- |
7,017,501.02 |
7,006,771.44 |
11/06/21 |
|
|
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 14 of 28 |
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Mortgage Loan Detail (Part 1) |
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|
|
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 |
|
||||
|
29 |
300801392 |
LO |
Morrisville |
NC |
Actual/360 |
4.699% |
25,430.94 |
15,973.78 |
0.00 |
N/A |
11/01/25 |
-- |
6,284,891.86 |
6,268,918.08 |
11/01/21 |
|
|
30 |
305081030 |
RT |
Sugar Land |
TX |
Actual/360 |
4.680% |
23,586.10 |
10,047.26 |
0.00 |
N/A |
11/01/25 |
-- |
5,852,630.42 |
5,842,583.16 |
11/01/21 |
|
|
31 |
300801376 |
SS |
Plantation |
FL |
Actual/360 |
4.493% |
22,090.68 |
10,184.00 |
0.00 |
N/A |
10/01/25 |
-- |
5,709,701.34 |
5,699,517.34 |
11/01/21 |
|
|
32 |
695100595 |
MF |
Dunwoody |
GA |
Actual/360 |
4.707% |
23,186.52 |
9,773.70 |
0.00 |
N/A |
11/06/25 |
-- |
5,720,475.10 |
5,710,701.40 |
11/06/21 |
|
|
33 |
1545172 |
RT |
Fort Worth |
TX |
Actual/360 |
4.465% |
20,312.76 |
14,025.80 |
0.00 |
N/A |
09/01/25 |
-- |
5,283,093.05 |
5,269,067.25 |
11/01/21 |
|
|
34 |
300801382 |
RT |
Auburn |
CA |
Actual/360 |
4.557% |
21,465.63 |
9,649.11 |
0.00 |
N/A |
10/01/25 |
-- |
5,470,227.41 |
5,460,578.30 |
11/01/21 |
|
|
35 |
695100590 |
LO |
Russellville |
AR |
Actual/360 |
4.800% |
21,396.22 |
12,983.60 |
0.00 |
N/A |
11/06/25 |
-- |
5,176,503.87 |
5,163,520.27 |
11/06/21 |
|
|
36 |
1545043 |
RT |
Golden |
CO |
Actual/360 |
4.665% |
22,647.02 |
7,828.62 |
0.00 |
N/A |
09/01/25 |
-- |
5,637,677.03 |
5,629,848.41 |
11/01/21 |
|
|
37 |
300801363 |
LO |
Corpus Christi |
TX |
Actual/360 |
5.203% |
21,501.04 |
11,484.20 |
0.00 |
N/A |
10/01/25 |
-- |
4,798,952.03 |
4,787,467.83 |
11/01/21 |
|
|
38 |
305081038 |
MU |
Gonzales |
LA |
Actual/360 |
4.660% |
18,058.80 |
7,753.02 |
0.00 |
N/A |
11/01/25 |
-- |
4,500,324.10 |
4,492,571.08 |
11/01/21 |
|
|
39 |
300801378 |
SS |
San Leandro |
CA |
Actual/360 |
4.268% |
18,008.59 |
0.00 |
0.00 |
N/A |
10/01/25 |
-- |
4,900,000.00 |
4,900,000.00 |
11/01/21 |
|
|
40 |
300801388 |
MH |
Lake Placid |
FL |
Actual/360 |
4.585% |
16,668.43 |
6,871.99 |
0.00 |
N/A |
11/01/25 |
-- |
4,221,784.60 |
4,214,912.61 |
11/01/21 |
|
|
41 |
300801397 |
MF |
Commerce |
TX |
Actual/360 |
4.750% |
16,041.70 |
6,649.96 |
0.00 |
N/A |
11/01/25 |
-- |
3,921,909.38 |
3,915,259.42 |
11/01/21 |
|
|
42 |
1545423 |
RT |
Shawnee |
KS |
Actual/360 |
4.730% |
15,758.19 |
0.00 |
0.00 |
N/A |
09/01/25 |
-- |
3,868,886.00 |
3,868,886.00 |
11/01/21 |
|
|
43 |
305081043 |
RT |
North Wilkesboro |
NC |
Actual/360 |
4.620% |
12,880.97 |
5,617.28 |
0.00 |
11/01/25 |
10/15/30 |
-- |
3,237,780.42 |
3,232,163.14 |
11/01/21 |
|
|
44 |
1545721 |
OF |
Los Altos |
CA |
Actual/360 |
4.650% |
14,014.58 |
0.00 |
0.00 |
N/A |
10/01/25 |
-- |
3,500,000.00 |
3,500,000.00 |
11/01/21 |
|
|
45 |
300801381 |
RT |
Greendale |
IN |
Actual/360 |
4.981% |
12,999.88 |
7,422.05 |
0.00 |
N/A |
11/01/25 |
-- |
3,030,845.13 |
3,023,423.08 |
11/01/21 |
|
|
46 |
1545449 |
MF |
Bullhead City |
AZ |
Actual/360 |
5.040% |
13,722.06 |
5,152.35 |
0.00 |
N/A |
09/01/25 |
-- |
3,161,765.37 |
3,156,613.02 |
11/01/21 |
|
|
47 |
305081047 |
RT |
Georgetown |
TX |
Actual/360 |
5.000% |
12,825.68 |
4,889.43 |
0.00 |
N/A |
09/01/25 |
-- |
2,978,868.47 |
2,973,979.04 |
11/01/21 |
|
|
48 |
300801318 |
MF |
Cincinnati |
OH |
Actual/360 |
4.815% |
10,736.43 |
4,110.99 |
0.00 |
N/A |
08/01/25 |
-- |
2,589,432.22 |
2,585,321.23 |
11/01/21 |
|
|
49 |
300801377 |
SS |
Vallejo |
CA |
Actual/360 |
4.318% |
10,039.35 |
0.00 |
0.00 |
N/A |
10/01/25 |
-- |
2,700,000.00 |
2,700,000.00 |
11/01/21 |
|
|
50 |
1544522 |
OF |
La Mirada |
CA |
Actual/360 |
4.620% |
9,781.81 |
3,064.20 |
0.00 |
N/A |
09/01/25 |
-- |
2,458,770.09 |
2,455,705.89 |
11/01/21 |
|
|
51 |
1545115 |
RT |
Massillon |
OH |
Actual/360 |
4.120% |
7,627.72 |
0.00 |
0.00 |
N/A |
09/01/25 |
-- |
2,150,000.00 |
2,150,000.00 |
11/01/21 |
|
|
52 |
695100596 |
RT |
Various |
Various |
Actual/360 |
5.278% |
8,480.96 |
2,874.79 |
0.00 |
N/A |
11/06/25 |
-- |
1,866,020.65 |
1,863,145.86 |
11/06/21 |
|
|
53 |
300801407 |
MH |
Oregonia |
OH |
Actual/360 |
5.394% |
8,049.41 |
1,732,981.82 |
0.00 |
N/A |
11/01/25 |
-- |
1,732,981.82 |
0.00 |
11/01/21 |
|
|
54 |
300801380 |
SS |
Phoenix |
AZ |
Actual/360 |
4.935% |
7,444.18 |
2,014.02 |
0.00 |
N/A |
11/01/25 |
-- |
1,751,744.38 |
1,749,730.36 |
11/01/21 |
|
|
55 |
300801379 |
SS |
Phoenix |
AZ |
Actual/360 |
4.935% |
6,081.16 |
1,645.25 |
0.00 |
N/A |
11/01/25 |
-- |
1,431,002.52 |
1,429,357.27 |
11/01/21 |
|
|
Totals |
|
|
|
|
|
|
2,792,290.18 |
2,923,005.09 |
0.00 |
|
|
|
716,417,068.81 |
713,494,063.72 |
|
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 15 of 28 |
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Mortgage Loan Detail (Part 2) |
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|
|
Most Recent Most Recent Appraisal |
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|
|
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 |
16,912,006.24 |
17,266,286.18 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
1A |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
1B |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
2 |
5,045,847.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
2,225,946.41 |
2,225,946.41 |
0.00 |
0.00 |
|
|
|
3 |
(1,080,174.71) |
(2,573,655.27) |
04/01/20 |
03/31/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
4 |
44,497,744.84 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
5 |
3,555,119.87 |
1,710,036.91 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
6 |
25,136,709.44 |
19,923,568.00 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
7 |
4,593,760.91 |
3,780,047.26 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
9 |
2,314,500.79 |
1,735,676.29 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
6,248.92 |
0.00 |
|
|
|
10 |
2,189,091.96 |
1,590,980.26 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
11 |
2,349,770.30 |
1,245,338.52 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
12 |
1,539,071.11 |
832,261.71 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
3,802.69 |
0.00 |
|
|
|
13 |
2,998,483.46 |
2,264,281.18 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
6,728.35 |
0.00 |
|
|
|
13A |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
14 |
1,206,584.90 |
1,550,675.47 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
15 |
1,604,608.28 |
1,315,476.35 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
16 |
1,453,804.24 |
378,485.15 |
01/01/21 |
03/31/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
17 |
1,672,795.81 |
1,337,829.61 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
19,900.58 |
0.00 |
|
|
|
18 |
948,020.31 |
1,051,769.31 |
10/01/20 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
19 |
1,384,443.46 |
773,531.31 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
20 |
1,128,728.47 |
871,602.68 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
21 |
884,864.40 |
658,624.57 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
23 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
24 |
1,162,255.37 |
612,015.10 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
25 |
11,702.00 |
0.00 |
-- |
-- |
01/11/21 |
2,873,944.40 |
114,646.12 |
31,421.79 |
569,907.56 |
0.00 |
0.00 |
|
|
|
26 |
1,394,420.29 |
1,062,054.39 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
28 |
806,057.90 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
|
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 16 of 28 |
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|
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 |
|
|
29 |
(131,887.89) |
(29,013.82) |
07/01/20 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
30 |
482,913.79 |
329,733.28 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
31 |
0.00 |
359,505.39 |
02/01/21 |
07/31/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
32 |
1,149,265.38 |
618,733.74 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
33 |
788,547.72 |
712,759.53 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
34 |
0.00 |
485,487.48 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
35 |
382,911.00 |
186,681.85 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
36 |
0.00 |
115,669.19 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
37 |
925,204.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
38 |
562,498.00 |
284,212.00 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
39 |
724,052.00 |
542,890.00 |
01/01/20 |
09/30/20 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
40 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
41 |
432,773.06 |
209,589.94 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
42 |
364,719.70 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
43 |
339,570.00 |
254,677.50 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
44 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
45 |
315,250.00 |
236,437.50 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
46 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
47 |
339,946.32 |
254,959.74 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
48 |
443,251.22 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
49 |
492,558.00 |
342,648.00 |
01/01/20 |
09/30/20 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
50 |
330,198.68 |
248,144.93 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
51 |
203,028.94 |
141,635.19 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
52 |
161,628.57 |
106,217.98 |
01/01/21 |
09/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
53 |
284,805.41 |
144,393.31 |
01/01/21 |
06/30/21 |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
|
|
54 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
55 |
0.00 |
0.00 |
-- |
-- |
-- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Full Defeasance |
|
|
Totals |
132,301,450.54 |
62,932,247.71 |
|
|
|
2,873,944.40 |
114,646.12 |
2,257,368.20 |
2,795,853.97 |
36,680.54 |
0.00 |
|
|
|
|
|||||||||||||
|
|
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|
|
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|
© Copyright 2021 Computershare. All rights reserved. Confidential. |
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|
Page 17 of 28 |
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|
|
Principal Prepayment Detail |
|
|
|
|
|
|
|
Unscheduled Principal |
Prepayment Penalties |
|
|
Pros ID |
Loan Number |
Amount |
Prepayment / Liquidation Code |
Prepayment Premium Amount |
Yield Maintenance Amount |
|
53 |
300801407 |
1,730,369.26 |
Payoff w/ yield maintenance |
0.00 |
296,306.79 |
|
Totals |
|
1,730,369.26 |
|
0.00 |
296,306.79 |
|
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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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 18 of 28 |
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|
|
Historical Detail |
|
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|
|
|
|
||||
|
|
|||||||||||||||||||
|
|
|
|
|
|
|
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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/18/21 |
0 |
0.00 |
0 |
0.00 |
1 |
7,468,223.04 |
0 |
0.00 |
1 |
7,468,223.04 |
0 |
0.00 |
0 |
0.00 |
1 |
1,730,369.26 |
4.523775% |
4.498844% |
49 |
|
10/18/21 |
0 |
0.00 |
0 |
0.00 |
2 |
61,652,386.61 |
0 |
0.00 |
1 |
7,480,943.69 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.526218% |
4.482403% |
50 |
|
09/17/21 |
0 |
0.00 |
0 |
0.00 |
2 |
61,762,764.53 |
0 |
0.00 |
1 |
7,494,594.24 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.526571% |
4.482757% |
51 |
|
08/17/21 |
0 |
0.00 |
0 |
0.00 |
2 |
61,864,323.09 |
0 |
0.00 |
1 |
7,507,207.83 |
1 |
54,357,115.26 |
0 |
0.00 |
0 |
0.00 |
4.526903% |
4.483089% |
52 |
|
07/16/21 |
0 |
0.00 |
0 |
0.00 |
1 |
7,519,770.21 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.527232% |
4.483419% |
53 |
|
06/17/21 |
0 |
0.00 |
0 |
0.00 |
2 |
62,074,562.87 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.527576% |
4.483762% |
54 |
|
05/17/21 |
0 |
0.00 |
0 |
0.00 |
2 |
62,174,813.79 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.527900% |
4.484086% |
55 |
|
04/16/21 |
0 |
0.00 |
0 |
0.00 |
2 |
62,283,071.11 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.528241% |
4.484427% |
56 |
|
03/17/21 |
1 |
6,397,361.72 |
0 |
0.00 |
2 |
62,382,447.58 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.528560% |
4.484747% |
57 |
|
02/18/21 |
1 |
20,987,952.26 |
0 |
0.00 |
2 |
62,506,778.55 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.528935% |
4.485120% |
58 |
|
01/15/21 |
1 |
21,017,459.92 |
0 |
0.00 |
2 |
62,605,216.80 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
1 |
29,929,399.68 |
4.529249% |
4.485435% |
59 |
|
12/17/20 |
0 |
0.00 |
1 |
21,046,848.11 |
3 |
92,670,859.96 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
0 |
0.00 |
4.543406% |
4.490789% |
60 |
|
Note: Foreclosure and REO Totals are included in the delinquencies aging categories. |
|
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 19 of 28 |
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|
Delinquency Loan Detail |
|
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|
|
|
|
|||
|
|
||||||||||||||
|
|
|
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 |
|
|
25 |
695100589 |
07/06/20 |
15 |
6 |
31,421.79 |
569,907.56 |
0.00 |
7,673,370.22 |
10/02/20 |
7 |
|
|
|
08/11/21 |
|
Totals |
|
|
|
|
31,421.79 |
569,907.56 |
0.00 |
7,673,370.22 |
|
|
|
|
|
|
|
|
||||||||||||||
|
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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|
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|
|
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|
|
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 20 of 28 |
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Collateral Stratification and Historical Detail |
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Maturity Dates and Loan Status¹ |
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Total |
Performing |
Non-Performing |
REO/Foreclosure |
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Past Maturity |
|
0 |
0 |
0 |
|
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0 |
|
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0 - 6 Months |
|
0 |
0 |
0 |
|
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0 |
|
|
7 - 12 Months |
|
0 |
0 |
0 |
|
|
0 |
|
|
13 - 24 Months |
|
0 |
0 |
0 |
|
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0 |
|
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25 - 36 Months |
|
40,000,000 |
40,000,000 |
0 |
|
|
0 |
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|
37 - 48 Months |
|
648,350,457 |
640,882,234 |
0 |
|
|
7,468,223 |
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49 - 60 Months |
|
0 |
0 |
0 |
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0 |
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> 60 Months |
|
25,143,606 |
25,143,606 |
0 |
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0 |
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Historical Delinquency Information |
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Total |
Current |
30-59 Days |
60-89 Days |
90+ Days |
REO/Foreclosure |
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Nov-21 |
713,494,064 |
706,025,841 |
0 |
0 |
|
0 |
7,468,223 |
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Oct-21 |
716,417,069 |
654,764,682 |
0 |
0 |
54,171,443 |
7,480,944 |
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|
Sep-21 |
717,682,353 |
655,919,588 |
0 |
0 |
54,268,170 |
7,494,594 |
|
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|
Aug-21 |
718,864,989 |
657,000,666 |
0 |
0 |
54,357,115 |
7,507,208 |
|
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|
Jul-21 |
720,042,814 |
712,523,044 |
0 |
0 |
7,519,770 |
0 |
|
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|
Jun-21 |
721,278,404 |
659,203,841 |
0 |
0 |
62,074,563 |
0 |
|
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|
May-21 |
722,446,409 |
660,271,595 |
0 |
0 |
62,174,814 |
0 |
|
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Apr-21 |
723,687,951 |
661,404,880 |
0 |
0 |
62,283,071 |
0 |
|
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|
Mar-21 |
724,846,155 |
656,066,345 |
6,397,362 |
0 |
62,382,448 |
0 |
|
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Feb-21 |
726,235,515 |
642,740,784 |
20,987,952 |
0 |
62,506,779 |
0 |
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Jan-21 |
727,383,358 |
643,760,682 |
21,017,460 |
0 |
62,605,217 |
0 |
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Dec-20 |
758,494,149 |
644,776,441 |
0 |
21,046,848 |
92,670,860 |
0 |
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(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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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 21 of 28 |
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Specially Serviced Loan Detail - Part 1 |
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Ending Scheduled |
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Net Operating |
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Remaining |
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Pros ID |
Loan ID |
Balance |
Actual Balance |
Appraisal Value |
Appraisal Date |
Income |
DSCR |
DSCR Date |
Maturity Date |
Amort Term |
|
25 |
695100589 |
7,468,223.04 |
7,673,370.22 |
5,500,000.00 |
05/25/21 |
11,702.00 |
0.02250 |
12/31/20 |
11/06/25 |
287 |
|
35 |
695100590 |
5,163,520.27 |
5,163,520.27 |
9,300,000.00 |
09/18/15 |
186,681.85 |
0.90490 |
06/30/21 |
11/06/25 |
227 |
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Totals |
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12,631,743.31 |
12,836,890.49 |
14,800,000.00 |
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198,383.85 |
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 22 of 28 |
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Specially Serviced Loan Detail - Part 2 |
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Servicing |
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Property |
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Transfer |
Resolution |
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Pros ID |
Loan ID |
Type¹ |
State |
Date |
Strategy Code² |
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Special Servicing Comments |
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25 |
695100589 |
LO |
MO |
10/02/20 |
7 |
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COVID - The loan transferred to special servicing effective 10/2/2020 due to imminent monetary default. The 99 room lodging property was built in 1991 (renovated in 2015) and is located in Kansas City, MO. Inspection dated 9/24/21 stated the |
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propert y is in good condition and noted only deteriorating asphalt as deferred maintenance. An appraisal was finalized with a drop in value being driven predominantly by pandemic impacts and increase in hotel supply in the market. A |
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foreclosure sale occurre d on 7/30/21 without the borrower paying the loan in full; therefore, the Trust's SPE obtained title to the hotel. Property being managed by Providence Hospitality Partners. TTM September 2021 achieved 47.6% |
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occupancy, $75.27 ADR and $35.85 RevPAR (compared to $32.15 TTM 2020 and $57.35 TTM 2019) TTM RevPAR Index of 65.5 compares to 68.9 TTM 2020 and 80.0 in TTM 2019. The trailing three month RevPAR Index is up year-over- |
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year, from 54.7 in 2020 to 65.8 in 2021. The special servicer is continuing to stabilize the asset and to respond to the plunge in market fundamentals caused by COVID. |
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35 |
695100590 |
LO |
AR |
09/02/20 |
2 |
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COVID - Loan transferred to special servicing on 9/2/2020 due to imminent monetary default. The property is a 68-room lodging property, built in 2008 and is located in Russellville, AR. A 10/16/20 Property Condition Report (PCR) noted minor |
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maintena nce needs. The PCR detailed costs of $3,850 and $8,250 for immediate and short-term repairs, respectively. TTM Sep 2021 states 63.5% occupancy, $83.39 ADR, and $52.98 RevPAR (compared to $46.47 TTM 2020 and $54.87 |
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TTM 2019). RevPAR Index of 104.3 com pares to 110.6 in 2020 and 107.1 in 2019. The trailing three-month RevPAR Index is down year-over-year, from 120.3 in 2020 to 112.6 in 2021. The special servicer continues to negotiate a foreclosure |
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settlement agreement with the Borrower. |
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1 Property Type Codes |
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2 Resolution Strategy Code |
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HC - Health Care |
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MU - Mixed Use |
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WH - Warehouse |
1 - Modification |
6 - DPO |
10 - Deed in Lieu of Foreclosures |
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MF - Multi-Family |
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SS - Self Storage |
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LO - Lodging |
2 - Foreclosure |
7 - REO |
11- Full Payoff |
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RT - Retail |
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SF - Single Family Rental |
98 - Other |
3 - Bankruptcy |
8 - Resolved |
12 - Reps and Warranties |
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IN - Industrial |
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OF - Office |
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MH - Mobile Home Park |
4 - Extension |
9 - Pending Return to Master Servicer |
13 - TBD |
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SE - Securities |
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CH - Cooperative Housing |
ZZ - Missing Information/Undefined |
5 - Note Sale |
98 - Other |
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 23 of 28 |
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Modified Loan Detail |
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Pre-Modification |
Post-Modification |
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Modification |
Modification |
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Modification |
Modification Booking |
Closing |
Effective |
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Balance |
Rate |
Balance |
Rate |
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Pros ID |
Loan Number |
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Code¹ |
Date |
Date |
Date |
|
2 |
300801372 |
55,878,088.80 |
4.91300% |
55,270,114.41 4.91300% |
9 |
04/01/21 |
04/01/20 |
08/11/21 |
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29 |
300801392 |
6,584,500.19 |
4.69900% |
6,569,738.74 4.69900% |
10 |
06/29/20 |
04/01/20 |
08/11/20 |
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36 |
1545043 |
5,742,396.77 |
4.66500% |
5,734,244.70 4.66500% |
9 |
07/15/20 |
07/20/20 |
08/11/20 |
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Totals |
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68,204,985.76 |
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67,574,097.85 |
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1 Modification Codes |
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1 - Maturity Date Extension |
5 - Temporary Rate Reduction |
8 - Other |
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2 - Amortization Change |
6 - Capitalization on Interest |
9 - Combination |
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3 - Principal Write-Off |
7 - Capitalization on Taxes |
10 - Forbearance |
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Note: Please refer to Servicer Reports for modification comments. |
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 24 of 28 |
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Historical Liquidated Loan Detail |
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Loan |
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Gross Sales |
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Current |
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Loss to Loan |
Percent of |
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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 |
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No liquidated loans this period |
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Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.). |
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 25 of 28 |
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Historical Bond / Collateral Loss Reconciliation Detail |
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Certificate |
Reimb of Prior |
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Interest Paid |
Realized Losses |
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Loss Covered by |
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Total Loss |
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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 |
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No realized losses this period |
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 26 of 28 |
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Interest Shortfall Detail - Collateral Level |
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Special Servicing Fees |
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Modified |
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Deferred |
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Non- |
|
Reimbursement of |
Other |
Interest |
|
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Interest |
Interest |
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Recoverable |
Interest on |
Advances from |
Shortfalls / |
Reduction / |
|
Pros ID |
Adjustments |
Collected |
Monthly |
Liquidation |
Work Out |
ASER |
PPIS / (PPIE) |
Interest |
Advances |
Interest |
(Refunds) |
(Excess) |
|
2 |
0.00 |
0.00 |
0.00 |
0.00 |
3,189.10 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
25 |
0.00 |
0.00 |
1,610.48 |
0.00 |
0.00 |
11,690.89 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
35 |
0.00 |
0.00 |
1,114.39 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
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Total |
0.00 |
0.00 |
2,724.87 |
0.00 |
3,189.10 |
11,690.89 |
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. |
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Collateral Shortfall Total |
17,604.86 |
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 27 of 28 |
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Supplemental Notes |
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None |
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© Copyright 2021 Computershare. All rights reserved. Confidential. |
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Page 28 of 28 |
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