**Exhibit 33.2**

**[FIRST REPUBLIC BANK LOGO]**

Management Assessment 

Management ofFirst Republic Bank (the Bank) is responsible for assessing compliance with the applicable servicing criteria set forth in Item 1122(d) of Regulation AB of the Securities and Exchange Commission relating to the servicing of residential mortgageloans serviced for others (the Platform) as of and for the year ended December 31, 2015, except for servicing criteria 1122(d)(1)(iii), 1122(d)(3)(i)(c), and 1122(d)(4)(xv), which the Bank has determined are not applicable to the activities itperforms with respect to the Platform. Appendix A identifies the individual asset-backed transactions and securities defined by management as constituting the Platform. 

We have determined that servicing criteria 1122(d)(1)(v) is applicable to the activities the Bank performs with respect to the Platform only as it relates tothose transactions and securities issued after November 23, 2015. Appendix B identifies the individual asset-backed transactions and securities for which criteria 1122(d)(1)(v) is applicable. For transactions and securities issued on orbefore November 23, 2015, the Bank’s management has assessed compliance with servicing activities described in servicing criteria 1122(d)(1)(v) under other applicable servicing criteria in accordance with the SEC Division of CorporationFinance’s *Manual of Publicly Available Interpretations on Regulation AB and Related Rules, Interpretation 11.03.*

With respect to servicingcriteria 1122(d)(4)(iv), 1122(d)(4)(xi), and 1122(d)(4)(xii), management has engaged various vendors to perform the activities required by these servicing criteria. The Bank’s management has determined that none of these vendors is considered a“servicer” as defined in Item 1101(j) of Regulation AB, and the Bank’s management has elected to take responsibility for assessing compliance with the servicing criteria applicable to each vendor as permitted by the SEC’s*Compliance and Disclosure Interpretation (“C&DI”) 200.06, Vendors Engaged by Servicers*(C&DI 200.06) (formerly SEC Manual Telephone Interpretation 17.06). Management has policies and procedures in place designed to providereasonable assurance that the vendors’ activities comply in all material respects with the servicing criteria applicable to each vendor. The Bank’s management is solely responsible for determining that it meets the SEC requirements toapply C&DI 200.06 for the vendors and related criteria. 

The Bank’s management has assessed the Bank’s compliance with the applicableservicing criteria as of and for the year ended December 31, 2015. In making this assessment, management used the criteria set forth by the Securities and Exchange Commission in paragraph (d) of Item 1122 of Regulation AB. 

Based on such assessment, management believes that, as of and for the year ended December 31, 2015, the Bank has complied in all material respects with theservicing criteria set forth in Item 1122(d) of Regulation AB of the Securities and Exchange Commission relating to the servicing of the Platform. 

TheBank has amended its assessment of compliance dated February 26, 2016 to include the applicable servicing criteria 1122(d)(1)(v) and 1122(d)(2)(iv). Although these criteria were previously deemed “not applicable” as of and for theyear ended December 31, 2015, the Bank 

has subsequently determined that they are in fact applicable to the activities it performs with respect to the Platform. The transactions to which criterion 1122(d)(1)(v) is applicable areidentified in Appendix B. We have determined that servicing criterion 1122(d)(2)(iv) is applicable to all transactions and securities in the Platform.

KPMG LLP, an independent registered public accounting firm, has issued an attestation report with respect to management’s assessment of compliance withthe applicable servicing criteria as of and for the year ended December 31, 2015.

 

/s/ Michael J. Roffler
      
9/14/16
  Michael J. Roffler      Date  *Executive Vice President and Chief Financial Officer*      
/s/ Nancy Segreto
      
9/14/16
  Nancy Segreto      Date  *Senior Vice President, Lending Services*      
/s/ John Glander
      
9/14/16
  John Glander      Date  *Vice President, Lending Strategies, Products, and Sales*      

**APPENDIX A**

 

**Investor #**
   
**Investor Name**
  **Loan Count**   **Balance**  50    
First Republic Preferred Capital Corp. I
   29    $31,161,485.30   120    
Redwood Trust (Bear Stearns)
   24    $20,256,499.75   122    
Sequioa 2007-2
   43    $42,026,140.37   123    
SEMT 2007-3
   8    $9,694,802.13   124    
CSMC Trust 2014-SAF1
   1    $850,363.47   126    
MTGLQ Investors, L.P.
   120    $86,513,484.64   127    
OneWest Bank N.A.
   680    $553,424,637.26   128    
Sequoia Mortgage Trsut 2014-1
   63    $55,369,095.34   129    
STIFEL BANK & TRUST
   40    $39,807,572.99   131    
Morgan Stanley Mortgage
   93    $93,972,081.36   132    
JP Morgan Mortgage Trust 2014-2
   306    $134,078,690.61   133    
Sequoia Mortgage Trust 2013-12
   42    $33,881,016.64   134    
CSMC 2014-IVR3
   58    $35,112,408.37   135    
Citizens Bank, N.A And Various
   3    $2,042,480.53   136    
MSRM Loan Trust 2014-1
   246    $211,543,427.42   137    
Sequoia Mortgage Trust 2014-3
   65    $52,872,814.27   138    
J.P. Morgan Trust 2014-IVR3
   80    $103,477,318.07   141    
Delta Community Credit Union
   20    $20,955,483.60   142    
Sequoia Mortgage Trust 2013-12
   47    $41,455,480.46   143    
CSMC Trust 2014-IVR1
   10    $8,878,486.21   144    
CSMC Trust 2013-IVR5
   1    $625,814.12   145    
JP Morgan Mortgage TR 2014-1
   45    $40,917,466.58   146    
Florida Community Bank, N.A.
   37    $39,817,383.57   147    
Citizens Bank of Pennsylvania
   91    $75,038,167.19   149    
Hudson Valley Bank
   6    $8,470,867.97   151    
CMSC Trust 2013-7
   2    $1,711,033.47   152    
Sequoia Mortgage Trust 2013-11
   14    $11,983,153.15   153    
Sequoia Mortgage Trust 2013-10
   2    $1,372,434.96   154    
CSMC Trust 2013-6
   19    $20,931,447.55   155    
JP Morgan Mortgage Trust 2013-3
   115    $121,024,014.74   156    
NRP MortgageTrust2013-1
   425    $384,997,651.89   157    
CSMC Trust 2013-HYB1
   278    $299,001,824.95   158    
CSMC Trust 2013-IVR4
   35    $36,418,311.88   162    
Citigroup Mortgage Loan Turst Series 2005-6
   28    $14,051,836.18   163    
SAMI II 2005-AR2
   77    $69,372,530.91   164    
MLCC 2005-3
   31    $24,418,565.03   165    
MLMI 2005-A10
   25    $27,215,002.51   166    
Redwood Residential Acquisition Corp
   17    $12,761,569.35   169    
Sequoia Mortgage Trust 2012-1
   68    $59,066,452.35   172    
SEMT 2012-2
   73    $63,961,565.00   173    
SEMT 2013-1
   17    $18,484,467.42   174    
Sequoia Mortgage Trust 2012-3
   72    $68,347,234.89   175    
Harbor View 2003-2(formerly Greenwich)
   6    $2,511,678.20   176    
Harbor View 2004-1(formerly Greenwich)
   19    $7,796,032.60   177    
Harbor View 2004-5(formerly Greenwich)
   7    $3,820,691.97   178    
Harbor View 2006-6
   1    $386,154.63   180    
MASTR 2003-5(formerly UBS Warburg)
   2    $1,589,284.40   181    
Sequoia Mortgage Trust 2012-5
   65    $60,428,229.30   182    
Sequoia Mortgage Trust 2013-2
   287    $255,840,603.41   183    
Sequoia Mortgage Trust 2013-3
   72    $67,098,191.44   184    
Sequoia Mortgage Trust 2013-4
   57    $59,769,305.26   185    
MASTI 2003-4 (formerly UBS Warburg)
   6    $3,217,914.32   187    
Sequoia Mortgage Trust 2013-7
   13    $10,927,431.65   188    
Sequoia Mortgage Trust 2013-8
   4    $2,475,602.01   189    
CSMC Trust 2013-IVR3
   29    $34,234,123.08   191    
CSFB 2004-5
   2    $447,768.73   192    
CSFB 2004-6
   4    $582,192.07  

**APPENDIX A**

 
 193    
CSFB 2004-7
   1    $ 223,401.62   194    
TIAA-CREF Trust Company, FSB
   273    $ 166,200,454.08   195    
MLMI 2005-A1
   13    $ 6,493,903.20   196    
Merrill Lynch Bank
   28    $ 22,855,792.70   197    
MLCC 2006-2
   53    $ 28,841,347.74   199    
Sequoia Mortgage Trust 2012-4
   48    $ 47,682,018.43   200    
Sequoia Mortgage Trust 2012-6
   32    $ 30,502,749.17   201    
JP Morgan Mortgage Acq. Corp.
   172    $ 136,599,495.92   203    
Scottrade Bank
   102    $ 48,085,184.30   204    
JP Morgan Mortgage Trust 2013-1
   251    $ 169,709,327.80   207    
CSMC Trust 2013-IVR1
   99    $ 82,505,687.20   209    
CSMC Trust 2013-IVR2
   163    $ 148,510,252.22   215    
Bank United N.A.
   29    $ 30,723,502.40   216    
North Valley Bank
   12    $ 13,520,460.41   217    
Signature Bank
   13    $ 17,947,392.79   244    
Independent National Mortgage
   1    $ 328,423.42   248    
Washington Mutual Bank, Flow Sales (PNC)
   2    $ 434,020.27   250    
CitiMortgage
   8    $ 2,199,496.51   260    
CitiMortgage
   12    $ 2,537,145.74   312    
Residential Funding
   18    $ 5,791,602.24   330    
U.S. Bank
   2    $ 222,747.28   356    
Thornburg 2008-1
   3    $ 1,661,970.83   357    
Everbank
   18    $ 15,292,599.37   358    
DLJ Mortgage Capital, Inc.
   1    $ 1,600,000.00   360    
Northfield Bank
   287    $ 277,192,921.95   361    
JP Morgan Trust 2014-OAK4
   11    $ 12,911,483.17   362    
JP Morgan Mortgage Trust 2014-5
   186    $ 119,757,099.69   363    
Sequoia Mortgage Trust 2014-4
   121    $ 103,684,910.88   364    
JP Morgan Mortgage TR2014-IVR6
   335    $ 330,721,573.49   365    
CSMC TRUST 2105-WIN1
   6    $ 4,943,543.60   366    
JP Morgan Mortgage Trust 2015-1
   795    $ 790,866,625.61   367    
Sequoia Mortgage Trust 2015-1
   117    $ 97,647,389.36   368    
Nexbank SSB
   86    $ 79,453,670.04   369    
CSMC Trust 2015-1
   5    $ 4,549,322.79   370    
JP Morgan Mortgage TR2015-IVR2
   357    $ 343,632,109.47   371    
CSMC TRUST 2015-2
   8    $ 6,112,623.16   372    
CSMC TRUST 2015-3
   5    $ 3,598,272.70   373    
Dime Bank
   35    $ 28,921,622.28   375    
Sequoia Mortgage Trust 2015-2
   22    $ 16,093,959.12   376    
RWT FINANCIAL, LLC
   355    $ 305,722,395.23   377    
CSMLT 2015-1
   21    $ 16,542,704.70   378    
JP MORGAN MORTGAGE TR 2015-3
   84    $ 77,481,565.04   380    
SEQUOIA MORTGAGE TR 2015-3
   43    $ 39,799,119.20   381    
GUARANTY BANK & TRUST COMPANY
   65    $ 49,340,795.42   382    
CSMLT 2015-2 TRUST
   2    $ 1,909,949.28   383    
Landmark Community Bank
   21    $ 15,194,369.69   384    
GOLDEN PACIFIC BANK, NA
   6    $ 4,032,557.58   385    
J.P. MORGAN MORTGAGE TR 2015-4
   167    $ 131,100,516.29   386    
J.P. MORGAN MORTGAGE TR 2015-5
   458    $ 439,200,734.51   387    
Colorado Federal Savings Bank
   71    $ 96,841,713.07   388    
Nationwide Bank
   284    $ 240,480,457.33   389    
Wilmington Sav Fund Society
   91    $ 93,114,552.35   390    
J.P. MORGAN MORTGAGE TR 2015-6
   78    $ 72,232,928.32   391    
CSMLT 2015-3 TRUST
   17    $ 13,017,569.83   392    
Sequoia Mortgage Trust 2015-4
   59    $ 44,675,757.52   393    
Broadway Federal Bank
   103    $ 99,055,258.29   394    
New Residential Mortgage Loan
   1    $ 400,196.40  

**APPENDIX A**

 
 395    
NATIIONSTAR MORTGAGE LLC., AS
   1    $ 1,000,000.00   414    
Federal Home Mortgage Loan Association
   7    $ 487,240.16   415    
FNMA MBS
   5    $ 254,188.89   420    
THORNBURG MORTGAGE THB2003-1
   3    $ 1,952,362.61   421    
THORNBURG MORTGAGE THB2003-2
   5    $ 2,667,788.41   422    
THORNBURG MORTGAGE THB2003-3
   1    $ 927,582.46   423    
THORNBURG MORTGAGE THB2003-4
   7    $ 5,196,115.63   424    
THORNBURG MORTGAGE THB2003-5
   14    $ 10,471,416.92   425    
THORNBURG MORTGAGE THB2003-6
   16    $ 10,764,234.62   426    
THORNBURG MORTGAGE THB2004-1
   9    $ 5,196,455.94   427    
THORNBURG MORTGAGE THB2004-2
   12    $ 8,466,896.05   428    
THORNBURG MORTGAGE THB2004-3
   16    $ 10,969,288.31   429    
THORNBURG MORTGAGE THB2004-4
   26    $ 15,705,076.35   430    
THORNBURG MORTGAGE THB2005-1
   46    $ 23,211,139.52   431    
THORNBURG MORTGAGE THB2005-2
   35    $ 23,269,414.17   432    
THORNBURG MORTGAGE THB2005-3
   37    $ 28,764,130.13   433    
THORNBURG MORTGAGE THB2005-4
   13    $ 7,329,264.64   434    
THORNBURG MORTGAGE THB2006-1
   8    $ 7,306,154.33   435    
THORNBURG MORTGAGE THB2006-2
   15    $ 9,626,563.95   436    
THORNBURG MORTGAGE THB2006-3
   20    $ 14,964,485.55   437    
THORNBURG MORTGAGE THB2006-4
   10    $ 10,739,475.27   438    
THORNBURG MORTGAGE THB2006-5
   10    $ 5,089,140.43   439    
THORNBURG MORTGAGE THB2006-6
   35    $ 17,005,700.56   440    
THORNBURG MORTGAGE THB2007-1
   5    $ 4,346,000.00   441    
THORNBURG MORTGAGE THB2007-2
   46    $ 36,848,971.99   442    
THORNBURG MORTGAGE THB2007-3
   14    $ 8,259,291.18   443    
THORNBURG MORTGAGE THB2007-4
   3    $ 4,011,382.91   510    
CitiMortgage
   6    $ 650,347.66   515    
Fannie Mae-Laser
   4,946    $ 1,630,762,795.20   516    
Bank of New Canaan
   3    $ 3,729,250.00   614    
Federal Home Loan Mortgage Association
   1    $40,314.06   633    
Chase Mortgage Services, Inc
   3    $97,910.79   636    
Bank United of Florida
   1    $18,765.36   637    
Bank of America
   2    $134,983.11   720    
2002-FRB2 REMIC
   27    $ 15,082,818.47   730    
2002-FRB1 REMIC
   40    $ 21,305,545.98   740    
2001-FRB1 REMIC
   48    $ 31,286,133.09   760    
2000-FRB1 REMIC
   19    $ 6,859,357.38   770    
Bear Stearns
   10    $ 2,498,835.64   775    
AAR BART 2003-5 (Bear Stearns)
   24    $ 8,234,515.22   777    
HVMLT 2006-13
   1    $ 718,283.42   780    
2000-FRB2 REMIC
   28    $ 13,528,329.93      
 

 
   
 

 
   
**Total**
  **** **15,264******    ******$********10,438,964,956.81**********      
 

 
   
 

 
 

**APPENDIX B**

 

**Investor #**
   
**Investor Name**
  **Loan Count**   **Balance**  166    
Redwood Residential Acquisition Corp
   16    $ 11,775,599.29   376    
RWT Financial, LLC
   12    $ 11,616,772.66   387    
Colorado Federal Savings Bank
   40    $43,287,019.23   391    
CSMLT 2015-3 TRUST
   1    $503,997.02   393    
Broadway Federal Bank
   102    $98,755,833.50   395    
Nationstar Mortgage LLC., AS
   1    $1,000,000.00   515    
Fannie Mae-Laser
   75    $29,791,284.74      
 

 
   
 

 
   
**Total**
  **** **247******    ******$********196,730,506.44**********