EX-99.1 2 msc16c28_ex991-202507.htm msc16c28_ex991-202507.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

07/17/25

Morgan Stanley Bank of America Merrill Lynch Trust 2016-C28

Determination Date:

07/11/25

 

Next Distribution Date:

08/15/25

 

Record Date:

06/30/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2016-C28

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

   Role

Party and Contact Information

 

 

Certificate Distribution Detail

2-3

Depositor

Banc of America Merrill Lynch Commercial Mortgage Inc.

 

 

Certificate Factor Detail

4

 

Leland F. Bunch, III

(646) 855-3953

 

Certificate Interest Reconciliation Detail

5

 

Bank of America Tower, One Bryant Park | New York, NY 10036 | United States

 

 

 

Master Servicer

Trimont LLC

 

 

Exchangeable Certificate Detail

6

 

 

 

 

 

 

 

Attention: CMBS Servicing

 

trimont.commercial.servicing@cms.trimont.com

Additional Information

7

 

 

 

 

 

 

 

550 S. Tryon Street, Suite 2400 | Charlotte, NC 28202 | United States

 

Bond / Collateral Reconciliation - Cash Flows

8

Special Servicer

Greystone Servicing Company LLC

 

 

Bond / Collateral Reconciliation - Balances

9

 

Jenna Unell

 

Jenna.unell@greyco.com

Current Mortgage Loan and Property Stratification

10-14

 

5221 N. O'Connor Blvd., Suite 800 | Irving, TX 75039 | United States

 

Mortgage Loan Detail (Part 1)

15-16

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

 

 

 

Representations Reviewer

 

 

 

Mortgage Loan Detail (Part 2)

17-18

 

 

 

 

 

 

 

David Rodgers

(212) 230-9025

 

Principal Prepayment Detail

19

 

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

 

 

Historical Detail

20

Certificate Administrator

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

 

 

Delinquency Loan Detail

21

 

Bank, N.A.

 

 

 

 

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

Collateral Stratification and Historical Detail

22

 

 

 

trustadministrationgroup@computershare.com

Specially Serviced Loan Detail - Part 1

23

 

9062 Old Annapolis Road | Columbia, MD 21045 | United States

 

 

Specially Serviced Loan Detail - Part 2

24

Trustee

U.S. Bank National Association

 

 

Modified Loan Detail

25

 

General Contact

(312) 332-7457

 

 

 

 

190 South LaSalle Street, 7th Floor | Chicago, IL 60603 | United States

 

Historical Liquidated Loan Detail

26

 

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

27

 

 

 

 

Interest Shortfall Detail - Collateral Level

28

 

 

 

 

Supplemental Notes

29

 

 

 

 

 

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. 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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Page 1 of 29

 


 

 

                         

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

Original

 

 

Pass-Through

 

 

Principal

Interest

Prepayment

 

 

 

Credit

Credit

Class

CUSIP

Rate (2)

Original Balance                                 Beginning Balance

Distribution

Distribution

   Penalties

      Realized Losses           Total Distribution           Ending Balance

Support¹        Support¹

 

A-1

61766LBN8

1.531000%

25,700,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-2

61766LBP3

2.640000%

43,800,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

30.00%

A-SB

61766LBQ1

3.288000%

59,300,000.00

707,821.68

707,821.68

1,939.43

0.00

0.00

709,761.11

0.00

0.00%

30.00%

A-3

61766LBR9

3.272000%

215,000,000.00

145,653,258.15

23,732,118.83

397,147.88

0.00

0.00

24,129,266.71

121,921,139.32

39.07%

30.00%

A-4

61766LBS7

3.544000%

325,154,000.00

325,154,000.00

0.00

960,288.15

0.00

0.00

960,288.15

325,154,000.00

39.07%

30.00%

A-S

61766LBV0

3.951000%

47,782,000.00

47,782,000.00

0.00

157,322.23

0.00

0.00

157,322.23

47,782,000.00

32.56%

25.00%

B

61766LBW8

4.598916%

50,172,000.00

50,172,000.00

0.00

192,280.68

0.00

0.00

192,280.68

50,172,000.00

25.72%

19.75%

C

61766LBX6

4.598916%

46,588,000.00

46,588,000.00

0.00

178,545.26

0.00

0.00

178,545.26

46,588,000.00

19.37%

14.87%

D

61766LAC3

3.000000%

52,560,000.00

52,560,000.00

0.00

209,702.82

0.00

0.00

209,702.82

52,560,000.00

12.21%

9.38%

E-1

61766LAE9

4.598916%

14,335,000.00

14,335,000.00

0.00

0.00

0.00

0.00

0.00

14,335,000.00

10.26%

7.88%

E-2

61766LAG4

4.598916%

14,335,000.00

14,335,000.00

0.00

0.00

0.00

0.00

0.00

14,335,000.00

8.30%

6.37%

F-1

61766LAL3

4.598916%

4,778,000.00

4,778,000.00

0.00

0.00

0.00

0.00

0.00

4,778,000.00

7.65%

5.88%

F-2

61766LAN9

4.598916%

4,778,000.00

4,778,000.00

0.00

0.00

0.00

0.00

0.00

4,778,000.00

7.00%

5.38%

G-1

61766LAU3

4.598916%

11,348,500.00

11,348,500.00

0.00

0.00

0.00

0.00

0.00

11,348,500.00

5.45%

4.19%

G-2

61766LAW9

4.598916%

11,348,500.00

11,348,500.00

0.00

0.00

0.00

0.00

0.00

11,348,500.00

3.91%

3.00%

H-1

61766LBC2

4.598916%

14,334,677.00

14,334,677.00

0.00

0.00

0.00

0.00

0.00

14,334,677.00

1.95%

1.50%

H-2

61766LBE8

4.598916%

14,334,677.00

14,334,677.00

0.00

0.00

0.00

0.00

0.00

14,334,677.00

0.00%

0.00%

V

61766LBJ7

0.000000%

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

R

61766LBL2

0.000000%

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

 

955,648,354.02

758,209,433.83

24,439,940.51

2,097,226.45

0.00

0.00

26,537,166.96

733,769,493.32

 

 

 

 

X-A

61766LBT5

1.139323%

668,954,000.00

471,515,079.83

0.00

447,673.14

0.00

0.00

447,673.14

447,075,139.32

 

 

X-B

61766LBU2

0.316054%

97,954,000.00

97,954,000.00

0.00

25,798.94

0.00

0.00

25,798.94

97,954,000.00

 

 

 

 

 

 

 

 

 

 

 

 

Certificate Distribution Detail continued to next page

 

 

 

 

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Page 2 of 29

 


 

 

                       

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

Original

 

 

Pass-Through

 

 

Principal

Interest

Prepayment

 

 

Credit

Credit

Class

CUSIP

Rate (2)

Original Balance

Beginning Balance

Distribution

Distribution

  Penalties

    Realized Losses            Total Distribution

Ending Balance              Support¹

Support¹

 

X-D

61766LAA7

1.598916%

52,560,000.00

52,560,000.00

0.00

70,032.53

0.00

0.00

70,032.53

52,560,000.00

 

Notional SubTotal

 

819,468,000.00

622,029,079.83

0.00

543,504.61

0.00

0.00

543,504.61

597,589,139.32

 

 

Deal Distribution Total

 

 

 

24,439,940.51

2,640,731.06

0.00

0.00

27,080,671.57

 

 

 

*

Denotes the Controlling Class (if required)

 

 

 

 

 

 

 

 

 

(1)

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

 

dividing the result by (A).

 

 

 

 

 

 

 

 

 

 

(2)

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

 

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

 

 

 

 

 

 

 

(3)

Class E-1, Class E-2, Class F-1, Class F-2, Class G-1, Class G-2, Class H-1 and Class H-2 all represent the "Regular Interest" of these respective classes.

 

 

 

 

 

 

For details on how the balances and payments of these "Regular Interests" are split between their respective certificates and the Exchangeable Classes, please refer to the Exchangeable Certificate Detail.

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 3 of 29

 


 

 

                     

 

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

CUSIP

Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

Prepayment Penalties

Losses

Total Distribution

Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

A-1

61766LBN8

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-2

61766LBP3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

A-SB

61766LBQ1

11.93628465

11.93628465

0.03270540

0.00000000

0.00000000

0.00000000

0.00000000

11.96899005

0.00000000

A-3

61766LBR9

677.45701465

110.38194805

1.84719944

0.00000000

0.00000000

0.00000000

0.00000000

112.22914749

567.07506660

A-4

61766LBS7

1,000.00000000

0.00000000

2.95333334

0.00000000

0.00000000

0.00000000

0.00000000

2.95333334

1,000.00000000

A-S

61766LBV0

1,000.00000000

0.00000000

3.29249990

0.00000000

0.00000000

0.00000000

0.00000000

3.29249990

1,000.00000000

B

61766LBW8

1,000.00000000

0.00000000

3.83243004

0.00000000

0.00000000

0.00000000

0.00000000

3.83243004

1,000.00000000

C

61766LBX6

1,000.00000000

0.00000000

3.83243024

0.00000000

0.00000000

0.00000000

0.00000000

3.83243024

1,000.00000000

D

61766LAC3

1,000.00000000

0.00000000

3.98977968

(1.48977968)

1.64301408

0.00000000

0.00000000

3.98977968

1,000.00000000

E-1

61766LAE9

1,000.00000000

0.00000000

0.00000000

3.83243042

15.67745588

0.00000000

0.00000000

0.00000000

1,000.00000000

E-2

61766LAG4

1,000.00000000

0.00000000

0.00000000

3.83243042

15.67745588

0.00000000

0.00000000

0.00000000

1,000.00000000

F-1

61766LAL3

1,000.00000000

0.00000000

0.00000000

3.83242989

22.63381750

0.00000000

0.00000000

0.00000000

1,000.00000000

F-2

61766LAN9

1,000.00000000

0.00000000

0.00000000

3.83242989

59.88105483

0.00000000

0.00000000

0.00000000

1,000.00000000

G-1

61766LAU3

1,000.00000000

0.00000000

0.00000000

3.83242984

70.10583866

0.00000000

0.00000000

0.00000000

1,000.00000000

G-2

61766LAW9

1,000.00000000

0.00000000

0.00000000

3.83242984

97.13091510

0.00000000

0.00000000

0.00000000

1,000.00000000

H-1

61766LBC2

1,000.00000000

0.00000000

0.00000000

3.83243027

194.98436135

0.00000000

0.00000000

0.00000000

1,000.00000000

H-2

61766LBE8

1,000.00000000

0.00000000

0.00000000

3.83243027

254.19900846

0.00000000

0.00000000

0.00000000

1,000.00000000

V

61766LBJ7

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

R

61766LBL2

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

61766LBT5

704.85426476

0.00000000

0.66921364

0.00000000

0.00000000

0.00000000

0.00000000

0.66921364

668.31970408

X-B

61766LBU2

1,000.00000000

0.00000000

0.26337812

0.00000000

0.00000000

0.00000000

0.00000000

0.26337812

1,000.00000000

X-D

61766LAA7

1,000.00000000

0.00000000

1.33243018

0.00000000

0.00000000

0.00000000

0.00000000

1.33243018

1,000.00000000

 

 

 

 

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Page 4 of 29

 


 

 

                         

 

 

 

 

Certificate Interest Reconciliation Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

 

Accrued

Net Aggregate

Distributable

Interest

 

Interest

 

 

 

 

 

Accrual

Prior Interest

Certificate

Prepayment

Certificate

Shortfalls /

Payback of Prior

Distribution

Interest

Cumulative

 

Class

Accrual Period

Days

Shortfalls

Interest

Interest Shortfall

Interest

(Paybacks)

Realized Losses

Amount

Distribution

Interest Shortfalls

 

A-1

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-2

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

A-SB

06/01/25 - 06/30/25

30

0.00

1,939.43

0.00

1,939.43

0.00

0.00

0.00

1,939.43

0.00

 

A-3

06/01/25 - 06/30/25

30

0.00

397,147.88

0.00

397,147.88

0.00

0.00

0.00

397,147.88

0.00

 

A-4

06/01/25 - 06/30/25

30

0.00

960,288.15

0.00

960,288.15

0.00

0.00

0.00

960,288.15

0.00

 

X-A

06/01/25 - 06/30/25

30

0.00

447,673.14

0.00

447,673.14

0.00

0.00

0.00

447,673.14

0.00

 

X-B

06/01/25 - 06/30/25

30

0.00

25,798.94

0.00

25,798.94

0.00

0.00

0.00

25,798.94

0.00

 

X-D

06/01/25 - 06/30/25

30

0.00

70,032.53

0.00

70,032.53

0.00

0.00

0.00

70,032.53

0.00

 

A-S

06/01/25 - 06/30/25

30

0.00

157,322.23

0.00

157,322.23

0.00

0.00

0.00

157,322.23

0.00

 

B

06/01/25 - 06/30/25

30

0.00

192,280.68

0.00

192,280.68

0.00

0.00

0.00

192,280.68

0.00

 

C

06/01/25 - 06/30/25

30

0.00

178,545.26

0.00

178,545.26

0.00

0.00

0.00

178,545.26

0.00

 

D

06/01/25 - 06/30/25

30

164,249.02

131,400.00

0.00

131,400.00

(78,302.82)

0.00

0.00

209,702.82

86,356.82

 

E-1

06/01/25 - 06/30/25

30

169,150.19

54,937.89

0.00

54,937.89

54,937.89

0.00

0.00

0.00

224,736.33

 

E-2

06/01/25 - 06/30/25

30

169,150.19

54,937.89

0.00

54,937.89

54,937.89

0.00

0.00

0.00

224,736.33

 

F-1

06/01/25 - 06/30/25

30

89,490.06

18,311.35

0.00

18,311.35

18,311.35

0.00

0.00

0.00

108,144.38

 

F-2

06/01/25 - 06/30/25

30

266,777.92

18,311.35

0.00

18,311.35

18,311.35

0.00

0.00

0.00

286,111.68

 

G-1

06/01/25 - 06/30/25

30

749,232.40

43,492.33

0.00

43,492.33

43,492.33

0.00

0.00

0.00

795,596.11

 

G-2

06/01/25 - 06/30/25

30

1,054,755.58

43,492.33

0.00

43,492.33

43,492.33

0.00

0.00

0.00

1,102,290.19

 

H-1

06/01/25 - 06/30/25

30

2,729,640.05

54,936.65

0.00

54,936.65

54,936.65

0.00

0.00

0.00

2,795,037.84

 

H-2

06/01/25 - 06/30/25

30

3,575,222.24

54,936.65

0.00

54,936.65

54,936.65

0.00

0.00

0.00

3,643,860.68

 

V

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

R

N/A

N/A

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

Totals

 

 

8,967,667.65

2,905,784.68

0.00

2,905,784.68

265,053.62

0.00

0.00

2,640,731.06

9,266,870.36

 

 

 

 

 

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Page 5 of 29

 


 

 

                       

 

 

 

 

Exchangeable Certificate Detail

 

 

 

 

 

 

 

Pass-Through

 

 

 

 

Prepayment

 

 

 

 

Class

CUSIP

Rate

Original Balance

       Beginning Balance                 Principal Distribution                Interest Distribution

Penalties

 

     Realized Losses

Total Distribution

Ending Balance

Regular Interest

 

 

 

 

 

 

 

 

 

 

 

E

61766LAJ8

N/A

0.01

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

F

61766LAQ2

4.598916%

9,556,000.00

9,556,000.00

0.00

0.00

0.00

 

0.00

0.00

9,556,000.00

G

61766LAY5

4.598916%

22,697,000.00

22,697,000.00

0.00

0.00

0.00

 

0.00

0.00

22,697,000.00

EFG

61766LBA6

N/A

0.01

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

E-1 (Cert)

61766LAE9

4.598916%

14,335,000.00

14,335,000.00

0.00

0.00

0.00

 

0.00

0.00

14,335,000.00

E-1 (Exch)

NA

N/A

0.01

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

E-2 (Cert)

61766LAG4

4.598916%

14,335,000.00

14,335,000.00

0.00

0.00

0.00

 

0.00

0.00

14,335,000.00

E-2 (Exch)

NA

N/A

0.01

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

F-1 (Cert)

61766LAL3

N/A

0.01

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

F-1 (Exch)

NA

4.598916%

4,778,000.00

4,778,000.00

0.00

0.00

0.00

 

0.00

0.00

4,778,000.00

F-2 (Cert)

61766LAN9

N/A

0.01

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

F-2 (Exch)

NA

4.598916%

4,778,000.00

4,778,000.00

0.00

0.00

0.00

 

0.00

0.00

4,778,000.00

G-1 (Cert)

61766LAU3

N/A

0.01

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

G-1 (Exch)

NA

4.598916%

11,348,500.00

11,348,500.00

0.00

0.00

0.00

 

0.00

0.00

11,348,500.00

G-2 (Cert)

61766LAW9

N/A

0.01

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

G-2 (Exch)

NA

4.598916%

11,348,500.00

11,348,500.00

0.00

0.00

0.00

 

0.00

0.00

11,348,500.00

H-1 (Cert)

61766LBC2

4.598916%

2,608,677.00

2,608,677.00

0.00

0.00

0.00

 

0.00

0.00

2,608,677.00

H-1 (Exch)

NA

4.598916%

11,726,000.00

11,726,000.00

0.00

0.00

0.00

 

0.00

0.00

11,726,000.00

H-2 (Cert)

61766LBE8

4.598916%

2,608,677.00

2,608,677.00

0.00

0.00

0.00

 

0.00

0.00

2,608,677.00

H-2 (Exch)

NA

4.598916%

11,726,000.00

11,726,000.00

0.00

0.00

0.00

 

0.00

0.00

11,726,000.00

Regular Interest Total

 

 

121,845,354.08

121,845,354.00

0.00

0.00

0.00

 

0.00

0.00

121,845,354.00

 

Exchangeable Certificate Details

 

 

 

 

 

 

 

 

 

 

H

61766LBG3

4.598916%

23,452,000.00

23,452,000.00

0.00

0.00

0.00

 

0.00

0.00

23,452,000.00

EF

61766LAS8

N/A

0.01

0.00

0.00

0.00

0.00

 

0.00

0.00

0.00

Exchangeable Certificates Total

 

23,452,000.01

23,452,000.00

0.00

0.00

0.00

 

0.00

0.00

23,452,000.00

 

 

 

 

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Page 6 of 29

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

27,080,671.57

 

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

 

 

 

 

 

 

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Page 7 of 29

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

2,920,409.42

Master Servicing Fee

8,662.54

Interest Reductions due to Nonrecoverability Determination

(111,571.70)

Certificate Administrator Fee

3,757.96

Interest Adjustments

0.00

Trustee Fee

210.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

315.92

ARD Interest

0.00

Operating Advisor Fee

1,091.38

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

164.28

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

Total Fees

14,202.08

Total Interest Collected

2,808,837.72

 

 

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

992,678.82

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

119,647.38

Principal Prepayments

23,447,261.69

Special Servicing Fees (Monthly)

28,287.38

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)

1,969.78

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

4,000.00

Total Principal Collected

24,439,940.51

Total Expenses/Reimbursements

153,904.54

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

2,640,731.06

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

24,439,940.51

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

0.00

 

 

Borrower Option Extension Fees

0.00

Total Other Collected

0.00

Total Payments to Certificateholders and Others

27,080,671.57

Total Funds Collected

27,248,778.23

Total Funds Distributed

27,248,778.19

 

 

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Page 8 of 29

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

758,209,434.52

758,209,434.52

Beginning Certificate Balance

758,209,433.83

(-) Scheduled Principal Collections

992,678.82

992,678.82

(-) Principal Distributions

24,439,940.51

(-) Unscheduled Principal Collections

23,447,261.69

23,447,261.69

(-) 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

733,769,494.01

733,769,494.01

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

761,613,613.55

761,613,613.55

Ending Certificate Balance

733,769,493.32

Ending Actual Collateral Balance

737,303,543.29

737,303,543.29

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

                    Principal

      (WODRA) from Principal

Beginning UC / (OC)

(0.69)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.69)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

4.60%

 

 

 

 

UC / (OC) Interest

0.00

(1)

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

 

 

 

(2)

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

 

 

 

**

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

 

 

 

 

 

 

 

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Page 9 of 29

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Scheduled Balance

 

 

 

 

 

Debt Service Coverage Ratio¹

 

 

 

 

Scheduled

# Of

Scheduled

% Of

 

 

Weighted Avg

Debt Service Coverage

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Balance

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Ratio

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

6

104,358,351.97

14.22%

5

4.7912

NAP

Defeased

6

104,358,351.97

14.22%

5

4.7912

NAP

 

5,000,000 or less

5

16,594,231.76

2.26%

5

5.1150

2.240270

1.30 or less

10

225,405,499.85

30.72%

4

4.7465

0.829478

5,000,001 to 10,000,000

7

44,370,115.01

6.05%

6

4.9143

1.935787

1.31 to 1.40

1

24,241,096.04

3.30%

6

4.6250

1.384300

10,000,001 to 15,000,000

4

44,543,253.50

6.07%

5

5.0442

1.704705

1.41 to 1.50

3

63,607,013.36

8.67%

5

4.7010

1.435130

15,000,001 to 25,000,000

5

94,581,411.63

12.89%

6

4.6670

1.414847

1.51 to 1.60

0

0.00

0.00%

0

0.0000

0.000000

25,000,001 to 50,000,000

6

212,407,638.02

28.95%

7

4.6827

1.271266

1.61 to 1.70

4

59,284,773.52

8.08%

16

4.9404

1.630549

50,000,001 to 75,000,000

2

126,914,492.12

17.30%

5

4.5792

1.740261

1.71 to 1.80

2

16,559,279.90

2.26%

6

4.9879

1.738183

 

75,000,001 or greater

1

90,000,000.00

12.27%

6

3.8420

2.095800

1.81 to 2.50

4

183,969,105.47

25.07%

6

4.1318

2.189593

 

Totals

36

733,769,494.01

100.00%

6

4.6208

1.568669

2.51 to 3.00

4

47,249,454.68

6.44%

4

4.8944

2.812482

 

 

 

 

 

 

 

 

3.01 or greater

2

9,094,919.22

1.24%

5

4.6997

4.328278

 

 

 

 

 

 

 

 

Totals

36

733,769,494.01

100.00%

6

4.6208

1.568669

(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. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 10 of 29

 


 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

State

 

 

 

WAM²

WAC

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Property Type

 

 

 

WAM²

WAC

 

 

 

 

 

 

 

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

10

104,358,351.97

14.22%

5

4.7912

NAP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defeased

10

104,358,351.97

14.22%

5

4.7912

NAP

California

6

67,081,351.55

9.14%

5

4.6175

1.917559

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

6

74,140,620.30

10.10%

6

5.0983

1.980482

Connecticut

1

3,516,801.87

0.48%

5

4.8050

1.155900

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mobile Home Park

1

1,848,334.42

0.25%

4

5.1900

2.704600

Florida

4

79,743,261.38

10.87%

5

4.3920

2.442874

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

2

26,114,579.11

3.56%

6

5.0018

1.698210

Georgia

1

6,811,853.05

0.93%

7

5.2400

0.981500

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

8

218,482,052.75

29.78%

4

4.6091

0.918785

Indiana

1

7,050,071.98

0.96%

5

5.0680

0.817300

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

14

308,825,555.46

42.09%

7

4.4213

1.992748

Iowa

1

5,326,233.21

0.73%

7

5.1100

1.719800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

41

733,769,494.01

100.00%

6

4.6208

1.568669

Maryland

1

25,679,454.97

3.50%

31

5.2800

1.634900

 

 

 

 

 

 

 

 

Nevada

1

10,058,645.11

1.37%

3

4.7670

2.538500

 

 

 

 

 

 

 

 

New Jersey

2

93,536,405.76

12.75%

2

4.3803

0.681485

 

 

 

 

 

 

 

 

New Mexico

1

30,742,467.41

4.19%

4

4.8800

2.880000

 

 

 

 

 

 

 

 

New York

1

10,114,579.11

1.38%

7

5.4000

1.428200

 

 

 

 

 

 

 

 

North Carolina

1

37,092,105.51

5.06%

4

4.4600

1.409000

 

 

 

 

 

 

 

 

Ohio

2

38,494,186.96

5.25%

7

5.2117

1.034678

 

 

 

 

 

 

 

 

Oklahoma

1

90,000,000.00

12.27%

6

3.8420

2.095800

 

 

 

 

 

 

 

 

Pennsylvania

1

11,233,046.69

1.53%

5

4.9300

1.746900

 

 

 

 

 

 

 

 

Texas

4

52,682,016.85

7.18%

6

4.7657

1.318646

 

 

 

 

 

 

 

 

Virginia

2

60,248,660.63

8.21%

5

4.9615

0.982131

 

 

 

 

 

 

 

 

Totals

41

733,769,494.01

100.00%

6

4.6208

1.568669

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 11 of 29

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Note Rate

 

 

 

 

 

Seasoning

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Note Rate

 

 

 

WAM²

WAC

 

Seasoning

 

 

 

WAM²

WAC

 

 

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

6

104,358,351.97

14.22%

5

4.7912

NAP

Defeased

6

104,358,351.97

14.22%

5

4.7912

NAP

 

4.000% or less

1

90,000,000.00

12.27%

6

3.8420

2.095800

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

4.001% to 4.500%

3

152,200,157.21

20.74%

2

4.2662

1.574915

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.501% to 5.000%

15

280,657,175.66

38.25%

5

4.7677

1.542915

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

5.001% or greater

11

106,553,809.17

14.52%

12

5.2316

1.416904

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

36

733,769,494.01

100.00%

6

4.6208

1.568669

49 months or greater

30

629,411,142.04

85.78%

6

4.5926

1.608378

 

 

 

 

 

 

 

 

Totals

36

733,769,494.01

100.00%

6

4.6208

1.568669

(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. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 12 of 29

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

Anticipated Remaining Term (ARD and Balloon Loans)

 

 

 

Remaining Amortization Term (ARD and Balloon Loans)

 

 

 

Anticipated

# Of

Scheduled

% Of

 

 

Weighted Avg

Remaining

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Remaining Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Amortization Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Defeased

6

104,358,351.97

14.22%

5

4.7912

NAP

Defeased

6

104,358,351.97

14.22%

5

4.7912

NAP

 

60 months or less

30

629,411,142.04

85.78%

6

4.5926

1.608378

Interest Only

4

184,200,000.00

25.10%

6

4.1242

2.279298

61 months to 84 months

0

0.00

0.00%

0

0.0000

0.000000

240 months or less

4

15,320,448.13

2.09%

6

5.0276

2.009823

85 months to 120 months

0

0.00

0.00%

0

0.0000

0.000000

241 months to 300 months

22

429,890,693.91

58.59%

6

4.7778

1.306594

 

121 months or greater

0

0.00

0.00%

0

0.0000

0.000000

301 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

36

733,769,494.01

100.00%

6

4.6208

1.568669

Totals

36

733,769,494.01

100.00%

6

4.6208

1.568669

(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. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 13 of 29

 


 

 

                         

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

Age of Most Recent NOI

 

 

 

 

Remaining Stated Term (Fully Amortizing Loans)

 

 

Age of Most

# Of

Scheduled

% Of

 

 

Weighted Avg

Age of Most

# Of

Scheduled

% Of

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

WAM²

WAC

 

Recent NOI

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Recent NOI

Loans

Balance

Agg. Bal.

DSCR¹

 

Defeased

6

104,358,351.97

14.22%

5

4.7912

NAP

 

 

No outstanding loans in this group

 

Underwriter's Information

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

12 months or less

26

592,250,291.41

80.71%

6

4.5532

1.624492

 

 

 

 

 

 

13 months to 24 months

1

5,108,719.30

0.70%

7

5.0000

1.153800

 

 

 

 

 

 

25 months or greater

3

32,052,131.33

4.37%

7

5.2561

1.383072

 

 

 

 

 

 

Totals

36

733,769,494.01

100.00%

6

4.6208

1.568669

 

 

 

 

 

(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. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

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Page 14 of 29

 


 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Prop

 

 

Accrual

Gross

Scheduled

Scheduled

Principal             Anticipated            Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Type

City

State

Type

Rate

Interest

Principal

Adjustments          Repay Date

Date

Date

Balance

Balance

Date

1

305351002

RT

Oklahoma City

OK

Actual/360

3.842%

288,150.00

0.00

0.00

N/A

01/01/26

--

90,000,000.00

90,000,000.00

07/01/25

2

305471002

RT

Ellenton

FL

Actual/360

4.298%

255,044.33

0.00

0.00

N/A

12/01/25

--

71,200,000.00

71,200,000.00

07/01/25

4

300801423

OF

Arlington

VA

Actual/360

4.938%

229,636.25

90,187.06

0.00

N/A

12/01/25

--

55,804,679.18

55,714,492.12

07/01/25

5

1545861

OF

Lawrence Township

NJ

Actual/360

4.673%

193,245.18

0.00

0.00

N/A

01/01/26

--

49,628,354.06

49,628,354.06

02/01/25

6

1543829

OF

Trenton

NJ

Actual/360

4.050%

148,479.36

85,833.00

0.00

N/A

04/01/25

--

43,993,884.70

43,908,051.70

11/01/22

7

300801384

RT

Greenville

NC

Actual/360

4.460%

138,198.19

91,263.49

0.00

N/A

11/06/25

--

37,183,369.00

37,092,105.51

07/06/25

8

300801421

MF

Manchester

NH

Actual/360

4.793%

148,300.19

61,396.74

0.00

N/A

12/01/25

--

37,129,193.10

37,067,796.36

07/01/25

9

305471009

LO

Albuquerque

NM

Actual/360

4.880%

125,310.82

71,667.55

0.00

N/A

11/01/25

--

30,814,134.96

30,742,467.41

07/01/25

10

695100618

SS

Various

Various

Actual/360

4.823%

96,953.13

51,933.63

0.00

N/A

01/06/26

10/06/25

24,122,694.69

24,070,761.06

07/06/25

10A

305470618

 

 

 

Actual/360

4.823%

16,451.75

8,812.49

0.00

N/A

01/06/26

10/06/25

4,093,322.82

4,084,510.33

07/06/25

11

305471011

MU

New Braunfels

TX

Actual/360

4.690%

110,444.93

47,491.58

0.00

N/A

12/01/25

--

28,258,830.55

28,211,338.97

07/01/25

13

1546497

LO

Cleveland

OH

Actual/360

5.280%

0.00

0.00

0.00

N/A

02/01/26

--

25,357,204.37

25,357,204.37

10/01/21

14

1545887

RT

Catonsville

MD

Actual/360

5.280%

113,186.38

44,721.66

0.00

N/A

02/01/28

--

25,724,176.63

25,679,454.97

07/01/25

15

1546309

OF

Oxnard

CA

Actual/360

4.625%

93,622.24

50,079.75

0.00

N/A

01/01/26

--

24,291,175.79

24,241,096.04

07/01/25

16

300801394

OF

Santa Rosa

CA

Actual/360

4.558%

86,647.09

44,853.57

0.00

N/A

11/01/25

--

22,811,871.61

22,767,018.04

07/01/25

17

305471017

RT

Plano

TX

Actual/360

4.815%

65,929.81

30,775.51

0.00

N/A

01/01/26

--

16,431,104.25

16,400,328.74

07/01/25

18

300801403

MF

Ames

IA

Actual/360

4.553%

63,070.46

16,623,008.16

0.00

N/A

11/01/25

--

16,623,008.16

0.00

07/01/25

19

1546147

OF

Houston

TX

Actual/360

4.650%

58,908.28

29,168.93

0.00

N/A

01/01/26

--

15,202,137.74

15,172,968.81

03/01/25

20

305471020

MF

Spring

TX

Actual/360

4.750%

63,333.33

0.00

0.00

N/A

01/01/26

--

16,000,000.00

16,000,000.00

07/01/25

21

305471021

RT

Washington Township           OH

Actual/360

5.080%

55,700.78

20,681.95

0.00

N/A

01/01/26

--

13,157,664.54

13,136,982.59

07/01/25

22

305471022

RT

Philadelphia

PA

Actual/360

4.930%

46,240.93

22,351.73

0.00

N/A

12/01/25

--

11,255,398.42

11,233,046.69

07/01/25

24

300801366

RT

Las Vegas

NV

Actual/360

4.767%

40,040.28

20,720.40

0.00

N/A

10/01/25

--

10,079,365.51

10,058,645.11

07/01/25

25

305471025

MF

Gates

NY

Actual/360

5.400%

45,593.45

17,298.00

0.00

N/A

02/01/26

--

10,131,877.11

10,114,579.11

07/01/25

26

695100612

OF

Indianapolis

IN

Actual/360

5.068%

29,837.28

14,794.00

0.00

N/A

12/06/25

--

7,064,865.98

7,050,071.98

07/06/25

27

300801411

RT

Westminster

CA

Actual/360

4.770%

26,970.41

15,903.58

0.00

N/A

12/01/25

--

6,785,009.05

6,769,105.47

07/01/25

28

695100627

LO

Conyers

GA

Actual/360

5.240%

29,810.02

14,868.32

0.00

N/A

02/06/26

--

6,826,721.37

6,811,853.05

05/06/25

30

695100615

LO

Orlando

FL

Actual/360

5.040%

28,093.77

15,047.74

0.00

N/A

01/06/26

09/06/25

6,688,992.99

6,673,945.25

07/06/25

31

300801370

SS

Pittsfield Township

MI

Actual/360

4.901%

28,045.19

6,866,808.00

0.00

N/A

10/01/25

--

6,866,808.00

0.00

07/01/25

 

 

 

 

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Page 15 of 29

 


 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Prop

 

 

Accrual

Gross

Scheduled

Scheduled

Principal               Anticipated            Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Type

   City

State

Type

Rate

Interest

Principal

Adjustments           Repay Date

Date

Date

Balance

Balance

Date

32

305471032

LO

Pensacola

FL

Actual/360

5.150%

19,858.38

27,187.84

0.00

N/A

12/01/25

--

4,627,195.58

4,600,007.74

07/01/25

33

1545281

RT

San Mateo

CA

Actual/360

4.550%

26,541.67

0.00

0.00

N/A

12/01/25

--

7,000,000.00

7,000,000.00

07/01/25

34

1545988

RT

San Bernardino

CA

Actual/360

4.715%

24,811.31

10,517.39

0.00

N/A

01/01/26

--

6,314,649.39

6,304,132.00

07/01/25

35

1545963

RT

Mesquite

TX

Actual/360

5.000%

21,359.80

17,632.36

0.00

N/A

02/01/26

--

5,126,351.66

5,108,719.30

07/01/25

37

305471037

RT

Cedar Rapids

IA

Actual/360

5.110%

22,724.38

10,215.62

0.00

N/A

02/01/26

--

5,336,448.83

5,326,233.21

07/01/25

38

305471038

LO

Norfolk

VA

Actual/360

5.250%

19,880.23

9,883.55

0.00

N/A

02/01/26

--

4,544,052.06

4,534,168.51

07/01/25

39

305471039

RT

Sedro Woolley

WA

Actual/360

4.845%

17,159.38

0.00

0.00

N/A

12/01/25

--

4,250,000.00

4,250,000.00

07/01/25

40

305471040

RT

Southbury

CT

Actual/360

4.805%

14,115.33

8,357.46

0.00

N/A

12/01/25

--

3,525,159.33

3,516,801.87

07/01/25

41

305471041

LO

Pensacola

FL

Actual/360

5.200%

9,131.47

12,342.26

0.00

N/A

12/01/25

--

2,107,261.48

2,094,919.22

07/01/25

42

300801399

MH

Auburndale

FL

Actual/360

5.190%

8,011.94

4,137.19

0.00

N/A

11/01/25

--

1,852,471.61

1,848,334.42

07/01/25

Totals

 

 

 

 

 

 

2,808,837.72

24,439,940.51

0.00

 

 

 

758,209,434.52

733,769,494.01

 

1 Property Type Codes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HC - Health Care

MU - Mixed Use

WH - Warehouse

MF - Multi-Family

 

 

 

 

 

 

 

 

SS - Self Storage

LO - Lodging

RT - Retail

 

SF - Single Family Rental

 

 

 

 

 

 

 

 

98 - Other

 

IN - Industrial

OF - Office

 

MH - Mobile Home Park

 

 

 

 

 

 

 

 

SE - Securities

CH - Cooperative Housing

ZZ - Missing Information/Undefined

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 16 of 29

 


 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent              Most Recent        Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

NOI End

Reduction

   Appraisal

    Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

    ASER

    Advances

  Advances

  Advances

from Principal

Defease Status

 

1

27,980,072.84

6,465,469.96

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2

19,056,212.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

3,844,089.00

977,219.05

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

7,325,722.00

0.00

--

--

--

0.00

0.00

192,333.67

956,299.40

0.00

0.00

 

 

6

1,380,878.00

0.00

--

--

04/11/25

35,538,826.57

2,575,584.59

113,966.94

4,578,065.70

0.00

0.00

 

 

7

4,839,074.76

1,097,017.24

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

9

7,812,148.50

7,553,882.73

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

10A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

11

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

13

2,706,477.00

2,294,221.00

10/01/18

09/30/19

09/11/24

21,490,034.08

2,278,894.45

(613.64)

2,661,758.26

2,792,075.86

0.00

 

 

14

3,263,074.60

814,353.17

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

2,837,858.10

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

2,954,906.29

698,575.85

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

1,896,893.35

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

19

1,650,237.29

214,561.48

01/01/25

03/31/25

--

0.00

0.00

87,836.00

175,896.60

38,233.65

0.00

 

 

20

1,501,058.63

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

1,166,625.27

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

1,496,028.73

376,633.28

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

1,731,729.12

483,431.36

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

1,100,680.67

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

594,606.66

151,543.73

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

1,086,169.82

308,234.75

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

781,845.48

629,373.46

04/01/24

03/31/25

--

0.00

0.00

44,570.02

89,240.89

0.00

0.00

 

 

30

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

31

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

 

 

 

 

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Page 17 of 29

 


 

 

                           

 

 

 

 

 

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

 

32

1,873,018.54

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

33

1,527,417.14

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

706,621.60

189,848.78

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

35

577,344.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

37

481,994.15

185,198.26

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

38

702,224.00

682,456.50

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

39

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

40

301,450.80

314,454.00

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

41

966,705.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

42

324,139.00

99,666.63

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

104,467,302.34

23,536,141.23

 

 

 

57,028,860.65

4,854,479.04

438,093.00

8,461,260.85

2,830,309.51

0.00

 

 

 

 

 

 

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Page 18 of 29

 


 

 

           

 

 

Principal Prepayment Detail

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

Pros ID

Loan Number

       Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

18

300801403

16,594,307.54

Payoff Prior to Maturity

0.00

0.00

31

300801370

6,852,954.15

Payoff Prior to Maturity

0.00

0.00

Totals

 

23,447,261.69

 

0.00

0.00

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

 

 

 

 

 

 

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Page 19 of 29

 


 

 

                                         

 

 

 

 

 

 

 

 

Historical Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delinquencies¹

 

 

 

 

 

 

Prepayments

 

Rate and Maturities

 

 

30-59 Days

 

60-89 Days

 

90 Days or More

 

Foreclosure

 

REO

 

Modifications

 

 

Curtailments

 

Payoff

Next Weighted Avg.

 

Distribution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

#

     Balance

#

      Balance

#

    Balance

#

   Balance

#

Balance

#

    Balance

 

#

     Amount

#

    Amount

Coupon

Remit

WAM¹

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

07/17/25

1

6,811,853.05

0

0.00

3

90,158,527.24

1

25,357,204.37

1

43,908,051.70

0

0.00

 

0

0.00

2

23,447,261.69

4.620820%

4.574643%

6

06/17/25

0

0.00

1

15,202,137.74

2

74,985,558.43

1

25,357,204.37

1

43,993,884.70

0

0.00

 

0

0.00

0

0.00

4.622062%

4.577319%

7

05/16/25

0

0.00

0

0.00

2

74,985,558.43

1

25,357,204.37

1

44,074,487.29

0

0.00

 

0

0.00

0

0.00

4.622239%

4.582530%

8

04/17/25

0

0.00

1

49,628,354.06

1

25,357,204.37

1

25,357,204.37

1

44,159,760.46

0

0.00

 

0

0.00

0

0.00

4.622429%

4.582743%

9

03/17/25

1

49,628,354.06

0

0.00

2

69,585,631.78

1

25,357,204.37

1

44,228,427.41

0

0.00

 

0

0.00

0

0.00

4.622612%

4.582950%

10

02/18/25

1

49,628,354.06

0

0.00

2

69,671,813.11

1

25,357,204.37

1

44,314,608.74

0

0.00

 

0

0.00

0

0.00

4.622834%

4.583200%

11

01/17/25

0

0.00

1

49,628,354.06

2

69,739,837.37

1

25,357,204.37

1

44,382,633.00

0

0.00

 

0

0.00

0

0.00

4.623014%

4.583404%

12

12/17/24

1

49,628,354.06

0

0.00

2

69,807,579.29

1

25,357,204.37

1

44,450,374.92

0

0.00

 

0

0.00

0

0.00

4.623193%

4.583606%

13

11/18/24

0

0.00

0

0.00

2

69,881,001.19

1

25,357,204.37

1

44,523,796.82

0

0.00

 

0

0.00

0

0.00

4.623384%

4.583822%

14

10/18/24

0

0.00

0

0.00

2

69,948,157.21

1

25,357,204.37

1

44,590,952.84

0

0.00

 

0

0.00

0

0.00

4.623561%

4.584022%

15

09/17/24

0

0.00

0

0.00

2

70,021,014.39

1

25,357,204.37

1

44,663,810.02

0

0.00

 

0

0.00

0

0.00

4.623749%

4.584235%

16

08/16/24

0

0.00

0

0.00

2

70,087,589.29

1

25,357,204.37

1

44,730,384.92

0

0.00

 

0

0.00

0

0.00

4.623923%

4.584432%

17

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 20 of 29

 


 

 

                               

 

 

 

 

 

 

Delinquency Loan Detail

 

 

 

 

 

 

 

 

 

Paid

 

Mortgage

 

 

Outstanding

 

Servicing

Resolution

 

 

 

 

 

 

Through

Months

Loan

 

Current P&I

Outstanding P&I

  Servicer

Actual Principal

Transfer

Strategy

Bankruptcy

Foreclosure

 

Pros ID

Loan ID

Date

Delinquent

Status¹

Advances

   Advances

 Advances

   Balance

Date

Code²

 

Date

Date

REO Date

5

1545861

02/01/25

4

6

 

192,333.67

956,299.40

48,775.90

49,628,354.06

02/21/24

1

 

 

 

 

6

1543829

11/01/22

31

5

 

113,966.94

4,578,065.70

7,113.00

46,136,850.67

02/07/22

7

 

 

 

11/02/23

13

1546497

10/01/21

44

6

 

(613.64)

2,661,758.26

5,342,807.96

26,521,683.27

10/04/19

6

 

 

11/01/19

 

19

1546147

03/01/25

3

3

 

87,836.00

175,896.60

42,233.65

15,285,059.58

05/27/25

13

 

 

 

 

28

695100627

05/06/25

1

1

 

44,570.02

89,240.89

0.00

6,840,533.70

 

 

 

 

 

 

Totals

 

 

 

 

 

438,093.00

8,461,260.85

5,440,930.51

144,412,481.28

 

 

 

 

 

 

1 Mortgage Loan Status

 

 

 

 

 

 

2 Resolution Strategy Code

 

 

 

 

 

 

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

 

4 - Performing Matured Balloon

 

1 - Modification

6 - DPO

 

 

10 - Deed in Lieu of Foreclosures

B - Late Payment But Less Than 30 days

1 - 30-59 Days Delinquent

5 - Non Performing Matured Balloon

2 - Foreclosure

7 - REO

 

 

11- Full Payoff

 

Delinquent

 

 

 

 

 

 

 

3 - Bankruptcy

8 - Resolved

 

 

12 - Reps and Warranties

 

 

 

2 - 60-89 Days Delinquent

6 - 121+ Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4 - Extension

9 - Pending Return to Master Servicer

13 -

TBD

 

 

 

 

3 - 90-120 Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5 - Note Sale

98 - Other

 

 

 

 

 

 

 

 

 

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Page 21 of 29

 


 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

         Total

Performing

Non-Performing

                REO/Foreclosure

 

 

Past Maturity

 

43,908,052

0

0

 

 

43,908,052

 

0 - 6 Months

 

606,929,230

542,127,907

      64,801,323

0

 

7 - 12 Months

 

57,252,758

25,083,700

6,811,853

 

25,357,204

 

13 - 24 Months

 

0

0

0

 

 

0

 

25 - 36 Months

 

25,679,455

25,679,455

0

 

 

0

 

37 - 48 Months

 

0

0

0

 

 

0

 

49 - 60 Months

 

0

0

0

 

 

0

 

> 60 Months

 

0

0

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

    Current

    30-59 Days

60-89 Days

       90+ Days

    REO/Foreclosure

 

 

Jul-25

733,769,494

592,891,062

6,811,853

0

 

90,158,527

43,908,052

 

Jun-25

758,209,435

624,027,854

0

15,202,138

 

74,985,558

43,993,885

 

May-25

759,132,810

640,072,765

0

0

 

49,628,354

69,431,692

 

Apr-25

760,117,906

640,972,587

0

49,628,354

 

0

69,516,965

 

Mar-25

761,022,119

641,808,133

49,628,354

0

 

0

69,585,632

 

Feb-25

762,122,756

642,822,589

49,628,354

0

 

0

69,671,813

 

Jan-25

763,018,653

643,650,461

0

49,628,354

 

0

69,739,837

 

Dec-24

763,910,834

644,474,900

49,628,354

0

 

0

69,807,579

 

Nov-24

764,866,407

694,985,405

0

0

 

0

69,881,001

 

Oct-24

765,750,924

695,802,767

0

0

 

0

69,948,157

 

Sep-24

766,699,110

696,678,096

0

0

 

0

70,021,014

 

Aug-24

767,576,026

697,488,437

0

0

 

0

70,087,589

 

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

 

 

 

 

 

 

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Page 22 of 29

 


 

 

                     

 

 

 

Specially Serviced Loan Detail - Part 1

 

 

 

 

 

 

Ending Scheduled

 

 

 

Net Operating

 

 

 

Remaining

Pros ID

Loan ID

     Balance

Actual Balance

Appraisal Value

Appraisal Date

Income

DSCR

DSCR Date

Maturity Date

Amort Term

5

1545861

49,628,354.06

49,628,354.06

199,000,000.00

11/05/15

5,577,206.00

0.91230

12/31/24

01/01/26

246

6

1543829

43,908,051.70

46,136,850.67

17,800,000.00

01/31/25

1,020,888.00

0.42060

12/31/24

04/01/25

246

13

1546497

25,357,204.37

26,521,683.27

16,600,000.00

02/20/24

1,786,835.00

0.92670

09/30/19

02/01/26

246

19

1546147

15,172,968.81

15,285,059.58

22,775,000.00

10/21/15

158,412.48

0.59950

03/31/25

01/01/26

246

Totals

 

134,066,578.94

137,571,947.58

256,175,000.00

 

8,543,341.48

 

 

 

 

 

 

 

 

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Page 23 of 29

 


 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

5

1545861

OF

NJ

02/21/24

1

 

 

 

 

Latest rent roll reports occupancy at 44%. The asset transferred to Special Servicing in early 2024 due to imminent default. There is insufficient cash flow to make debt service and pay ongoing operating expenses. The property is now due for its

 

March 1, 2025, payment. The cash flow waterfall has been amended to allow for the payment of ongoing operating expenses prior to scheduled debt service to assure ongoing operations are not impacted. Discussions on a potential modification

 

of the debt have continu ed with borrower representatives, but foreclosure will be pursued if no resolution is forecasted.

 

 

 

 

6

1543829

OF

NJ

02/07/22

7

 

 

 

 

Foreclosure sale occurred 11/2/23 with Trigild being engaged to manage the REO Property. The property is approximately 52% occupied at the current time. The property was listed for sale and a proposed purchaser has contracted for the

 

acquisition of the buildings. A projected sale is forecast for August 2025.

 

 

 

 

 

13

1546497

LO

OH

10/04/19

6

 

 

 

 

Counsel filed a foreclosure complaint and the Borrower agreed to appointment of a receiver effective 1/18/2020. Trust Counsel and Borrower Counsel have finalized an Agreed Judgment Entry and Decree and the Court entered the Order on

 

3/20/2020. Noteholder is pursuing rights and remedies as appropriate. YTD through May 2025, the property achieved a 27.58% occupancy, $131.18 ADR and $36.18 RevPar. Final stages of sale process are in progress.

 

 

19

1546147

OF

TX

05/27/25

13

 

 

 

 

Transfer 5/27/25 for payment default. Hello letter and PNA sent 6/6/25. The property occupancy was 80% as of 3/31/25. Legal counsel has been engaged. Borrower is non-responsive. PM has provided operating information. The property

 

sustained damage fr om the 2024 hurricane Beryl and a $400,000+ claim is pending with a restoration company.

 

 

 

 

 

1 Property Type Codes

 

 

 

2 Resolution Strategy Code

 

 

HC - Health Care

MU - Mixed Use

 

WH - Warehouse

1 - Modification

6 - DPO

10 - Deed in Lieu of Foreclosures

MF - Multi-Family

SS - Self Storage

 

LO - Lodging

2 - Foreclosure

7 - REO

11- Full Payoff

RT - Retail

SF - Single Family Rental

98 - Other

3 - Bankruptcy

8 - Resolved

12 - Reps and Warranties

IN - Industrial

OF - Office

 

MH - Mobile Home Park

4 - Extension

9 - Pending Return to Master Servicer

13 - TBD

SE - Securities

CH - Cooperative Housing

ZZ - Missing Information/Undefined

5 - Note Sale

98 - Other

 

 

 

 

 

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Page 24 of 29

 


 

 

                   

 

 

 

 

Modified Loan Detail

 

 

 

 

 

Pre-Modification

Post-Modification

 

 

 

Modification

Modification

 

 

 

 

 

 

Modification

Modification Booking

Closing

Effective

 

 

         Balance

Rate

       Balance

Rate

 

 

 

 

Pros ID

Loan Number

 

 

 

 

Code¹

Date

Date

Date

5

1545861

0.00

4.67262%

0.00

4.67262%

8

09/17/21

09/01/21

11/12/21

9

305471009

34,191,422.45

4.88000%

34,191,422.45

4.88000%

10

10/20/20

10/20/20

10/20/20

12

300801431

28,814,529.14

4.93300%

28,814,529.14

4.93300%

9

08/31/20

08/31/20

--

29

695100623

7,543,372.14

5.31600%

7,543,372.14

5.31600%

10

06/19/20

05/06/20

08/11/20

30

695100615

7,450,948.05

5.04000%

7,450,948.05

5.04000%

10

07/17/20

08/06/20

08/11/20

Totals

 

78,000,271.78

 

78,000,271.78

 

 

 

 

 

1 Modification Codes

 

 

 

 

 

 

 

 

 

1 - Maturity Date Extension

5 - Temporary Rate Reduction

8 - Other

 

 

 

 

 

 

2 - Amortization Change

6 - Capitalization on Interest

9 - Combination

 

 

 

 

 

 

3 - Principal Write-Off

7 - Capitalization on Taxes

10 - Forbearance

 

 

 

 

 

 

Note: Please refer to Servicer Reports for modification comments.

 

 

 

 

 

 

 

 

 

 

 

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Page 25 of 29

 


 

 

                           

 

 

 

 

 

Historical Liquidated Loan Detail

 

 

 

 

 

 

 

 

Loan

 

Gross Sales

 

 

 

 

Current

 

Loss to Loan

Percent of

 

 

 

Beginning

Most Recent

Proceeds or

Fees,

Net Proceeds

Net Proceeds

 

Period

Cumulative

with

Original

 

Loan

 

Scheduled

Appraised

Other

Advances,

Received on

Available for

Realized Loss

Adjustment to

Adjustment to

Cumulative

Loan

Pros ID¹

Number

Dist.Date

Balance

Value or BPO

Proceeds

and Expenses

Liquidation

Distribution

     to Loan

   Loan

     Loan

Adjustment

Balance

3

305471003

10/18/19

67,543,727.53

2,090,000,000.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

12

300801431

12/17/21

28,203,927.63

89,000,000.00

29,626,420.77

1,422,493.14

29,626,420.77

28,203,927.63

0.00

0.00

0.00

0.00

0.00%

23

300801194

07/16/21

11,286,431.01

23,500,000.00

11,706,813.44

69,256.39

11,706,813.44

11,637,557.05

0.00

0.00

0.00

0.00

0.00%

Current Period Totals

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

Cumulative Totals

107,034,086.17

2,202,500,000.00

41,333,234.21

1,491,749.53

41,333,234.21

39,841,484.68

0.00

0.00

0.00

0.00

 

 

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

 

 

 

 

 

 

 

 

 

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Page 26 of 29

 


 

 

                       

 

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

 

 

 

 

 

 

Certificate

Reimb of Prior

 

 

 

 

 

 

 

 

 

 

Interest Paid

Realized Losses

 

Loss Covered by

 

 

 

 

Total Loss

 

 

 

from Collateral

from Collateral

Aggregate

     Credit

Loss Applied to

Loss Applied to

Non-Cash

Realized Losses

Applied to

 

Loan

Distribution

Principal

Interest

Realized Loss to

   Support/Deal

Certificate

   Certificate

Principal

from

Certificate

Pros ID

Number

Date

Collections

   Collections

       Loan

    Structure

Interest Payment

    Balance

Adjustment

NRA/WODRA

   Balance

3

305471003

10/25/19

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

12

300801431

12/17/21

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

23

300801194

07/26/21

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Current Period Totals

 

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Cumulative Totals

 

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

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Page 27 of 29

 


 

 

                         

 

 

 

Interest Shortfall Detail - Collateral Level

 

 

 

 

 

 

 

 

Special Servicing Fees

 

 

 

 

 

 

 

Modified

 

 

Deferred

 

 

 

 

 

Non-

 

Reimbursement of

Other

Interest

 

Interest

Interest

 

 

 

 

 

Recoverable

Interest on

Advances from

Shortfalls /

Reduction /

Pros ID

Adjustments

Collected

    Monthly

Liquidation

    Work Out

   ASER

PPIS / (PPIE)

  Interest

Advances

   Interest

   (Refunds)

   (Excess)

5

0.00

0.00

10,339.24

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.02

6

0.00

0.00

9,165.39

0.00

0.00

119,647.38

0.00

0.00

0.00

0.00

0.00

0.00

9

0.00

0.00

0.00

0.00

1,969.78

0.00

0.00

0.00

0.00

0.00

0.00

0.00

13

0.00

0.00

5,282.75

0.00

0.00

0.00

0.00

111,571.70

0.00

0.00

0.00

0.00

19

0.00

0.00

3,500.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

4,000.00

0.00

Total

0.00

0.00

28,287.38

0.00

1,969.78

119,647.38

0.00

111,571.70

0.00

0.00

4,000.00

0.02

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

 

 

Collateral Shortfall Total

265,476.26

 

 

 

 

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Page 28 of 29

 


 

 

   

Supplemental Notes

 

Exchange of Exchangeable Certificates--December 2018

 

In December 2018 an exchange of exchangeable certificates took effect in which $28,670,000.00 of Class E was exchanged for $14,335,000.00 of Class E-1 and $14,335,000.00 of Class E-2.

 

 

 

 

 

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Page 29 of 29