Form 10-D Morgan Stanley Bank of For: Sep 16
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 10-D
ASSET BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the monthly distribution period from: August 18, 2022 to September 16, 2022
Commission File Number of issuing entity: 333-180779-08
Central Index Key Number of issuing entity: 0001600823
Morgan Stanley
Bank of America Merrill Lynch Trust 2014-C15
(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)
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)
38-3926072
38-3926073
38-3926074
38-7111571
(I.R.S. Employer Identification No.)
c/o
Computershare Trust Company, N.A., as agent for
Wells Fargo Bank, National Association
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity) (Zip Code)
(410) 884-2000
(Telephone number, including area code)
Not Applicable
(Former name, former address, if changed since last report)
Registered/reporting pursuant to (check one)
Title of Class |
Section 12(b) |
Section 12(g) |
Section 15(d) |
Name of Exchange (If Section 12(b)) |
A-1 |
|
|
X |
|
A-2 |
|
|
X |
|
A-SB |
|
|
X |
|
A-3 |
|
|
X |
|
A-4 |
|
|
X |
|
A-S |
|
|
X |
|
B |
|
|
X |
|
C |
|
|
X |
|
X-A |
|
|
X |
|
PST |
|
|
X |
|
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No
Part I - DISTRIBUTION INFORMATION
Item 1. Distribution and Pool Performance Information.
On September 16, 2022 a distribution was made to holders of the certificates issued by Morgan Stanley Bank of America Merrill Lynch Trust 2014-C15.
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 2014-C15 in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:
Loss Information as reported on September 16, 2022
Number of Delinquencies 30+ days |
% of Delinquencies 30+ days by Pool Balance |
Number of Loans/REOs with Losses |
Average Net Loss |
0 |
N/A |
1 |
$0.00 |
No assets securitized by Morgan Stanley Mortgage Capital Holdings LLC, Bank of America, National Association, and CIBC Inc. (each a "Securitizer") and held by Morgan Stanley Bank of America Merrill Lynch Trust 2014-C15 were the subject of a demand to repurchase or replace for breach of the representations and warranties during the monthly distribution period from August 18, 2022 to September 16, 2022.
Morgan Stanley Mortgage Capital Holdings LLC filed its most recent Form ABS-15G on August 15, 2022. 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 August 12, 2022. The CIK number for Bank of America, National Association is 0001102113.
CIBC Inc. filed its most recent Form ABS-15G on February 11, 2022. The CIK number for CIBC Inc. is 0001548567.
Part II - OTHER INFORMATION
Item 6. Significant Obligors of Pool Assets.
The AmericasMart 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 2014-C15. In accordance with Item 1112(b) of Regulation AB, the most recent unaudited net operating income of the significant obligor was $22,159,261.48 for the period from January 1, 2022 to March 31, 2022.
The Arundel Mills and Marketplace 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 2014-C15. In accordance with Item 1112(b) of Regulation AB, the most recent unaudited net operating income of the significant obligor was $12,836,047.20 for the period from January 1, 2022 to March 31, 2022.
Item 9. Other Information.
Wells Fargo Bank, N.A., in its capacity as Master Servicer for Morgan Stanley Bank of America Merrill Lynch Trust 2014-C15, affirms the following amounts in the respective accounts:
Collection Account Balance |
||
Prior Distribution Date |
08/17/2022 |
$0.00 |
Current Distribution Date |
09/16/2022 |
$0.00 |
*REO Account Balance |
||
Prior Distribution Date |
08/17/2022 |
$0.00 |
Current Distribution Date |
09/16/2022 |
$0.00 |
*As provided by Special Servicer |
Computershare Trust Company, N.A., as agent for Wells Fargo Bank, N.A., in its capacity as Certificate Administrator for Morgan Stanley Bank of America Merrill Lynch Trust 2014-C15, affirms the following amounts in the respective accounts:
Distribution Account Balance |
||
Prior Distribution Date |
08/17/2022 |
$117,962.16 |
Current Distribution Date |
09/16/2022 |
$117,708.42 |
Interest Reserve Account Balance |
||
Prior Distribution Date |
08/17/2022 |
$0.00 |
Current Distribution Date |
09/16/2022 |
$0.00 |
Excess Liquidation Proceeds Account Balance |
||
Prior Distribution Date |
08/17/2022 |
$0.00 |
Current Distribution Date |
09/16/2022 |
$0.00 |
TA Unused Fees Account Balance |
||
Prior Distribution Date |
08/17/2022 |
$0.00 |
Current Distribution Date |
09/16/2022 |
$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: September 29, 2022
ATTACHMENTS / EXHIBITS
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