Exhibit 34.2

 

|   |                        | Deloitte&ToucheLLP |
|--------|-----------------------------|------------------------|
|        |                        |                   |
|   | 30RockefellerPlaza          |
|   | New York, NY 10112-0015 USA |
|   |                        |
|   |                        |                   |
|   |                        | Tel:2124924000         |
|   |                        | www.deloitte.com       |

 

INDEPENDENTACCOUNTANT’SREPORT

 

|                          |
|--------------------------|
| PHH Mortgage Corporation |
| Mt.Laurel, NJ08054       |

 

We have examined management of PHH Mortgage Corporation’s assertion, included in theaccompanying Management's Report on Assessment of Compliance with SEC Regulation AB ServicingCriteria, that PHH Mortgage Corporation (“the Company”) complied with the servicing criteria set forthin Item 1122(d) of the Securities and Exchange Commission's Regulation AB for the asset backedtransactions for which PHH Mortgage Corporation acted as a servicer involving residential mortgageloans other than transactions closing prior to the effective date of Regulation AB (the "Platform"),excluding criteria 1122(d)(1)(iii), (d)(1)(v), (d)(3)(i)(c), and (d)(4)(xv) (the “servicing criteria”), as ofand for the year ended December 31, 2021, which management has determined are not applicable tothe activities performed by the Company with respect to the Platform. Appendix B to management'sassertion identifies the individual asset-backed transactions defined by management as constitutingthe Platform. Management is responsible for the Company's compliance with the servicing criteria andits assertion. Our responsibility is to express an opinion on management's assertion about theCompany'scompliance withthe servicingcriteriabased on ourexamination.

Our examination was conducted in accordance with the attestation standards established by theAmerican Institute of Certified Public Accountants. Those standards require that we plan and performthe examination to obtain reasonable assurance about whether management’s assertion aboutcompliance withtheservicing criteriaisfairlystated, inallmaterial respects,and,accordingly,included examining, on a test basis, evidence about the Company's compliance with the servicingcriteria, includingtests onasample basisofthe servicingactivitiesrelated tothePlatform,determining whether the Company performed those selected activities in compliance with the servicingcriteria during the specified period, and performing such other procedures as we considered necessaryin the circumstances. Our procedures were limited to selected servicing activities performed by theCompany during the period covered by this report and, accordingly, such samples may not haveincluded servicing activities related to each asset-backed transaction included in the Platform. Further,an examination is not designed to detect noncompliance arising from errors that may have occurredprior to the period specified above that may have affected the balances or amounts calculated orreported by the Company during the period covered by this report. We believe that the evidence weobtainedinourexaminationissufficientandappropriatetoprovideareasonablebasisforouropinion.

As described in management's assertion, for servicing criteria 1122(d)(2)(i), 1122(d)(2)(ii),1122(d)(4)(iv),1122(d)(4)(x),1122(d)(4)(xi),1122(d)(4)(xii),and1122(d)(4)(xiii),theCompanyhasengagedavendortoperformcertainactivitiesrequiredbythisservicingcriteria.TheCompanyhas determined that this vendor is not considered a "servicer" as defined in Item 1101(j) of RegulationAB, and the Company has elected to take responsibility for assessing compliance with the servicingcriteria applicable to this vendor as permitted by the SEC’s Compliance and Disclosure Interpretation200.06, Vendors Engaged by Servicers (“C&DI 200.06”). As permitted by C&DI 200.06, the Companyhasassertedthatithaspoliciesandproceduresinplacedesignedtoprovidereasonableassurancethat the vendor's activities comply in all material respects with the servicing criteria applicable to thisvendor. TheCompany issolely responsiblefor determiningthat itmeetsthe SECrequirements toapply C&DI 200.06 for the vendor and related criteria as described in its assertion, and we performednoprocedureswithrespecttotheCompany'sdeterminationofitseligibilitytoapplyC&DI200.06.

 

 

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Our examination does not provide a legal determination on the Company's compliance with theservicingcriteria.

In our opinion, management's assertion that the Company complied with the aforementioned servicingcriteria as of and for the year ended December 31, 2021 for the Platform is fairly stated, in all materialrespects.

 

 

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| March2,2022 |

 

 

THISREPORTMAYNOTBEINCLUDED,REFERENCEDTO,ORINCORPORATEDBYREFERENCEINANYPUBLICFILINGSWITHTHESECURITIES ANDEXCHANGECOMMISSION.