MANAGEMENT’S ASSERTION OF COMPLIANCE

 

Management of the Agency and Trust division of Citibank, N.A. (or “Company”) is responsible for assessing compliance with the servicing criteria set forth in Item 1122(d) of Regulation AB promulgated by the Securities and Exchange Commission.

 

Management has determined that the servicing criteria set forth in Item 1122(d) of Regulation AB are applicable in regard to the servicing platform as of and for the period as follows:

 

Platform:  Publicly-issued (i.e., transaction-level reporting initially required under the Securities Exchange Act of 1934, as amended) and certain privately-issued (i.e., for which transaction-level reporting is required pursuant to contractual obligation) residential mortgage-backed securities issued on or after January 1, 2006, as listed in Appendix A, for which the Company provides the following servicing functions:

 

 

The Platform also includes the transactions listed in Appendix B for which the Company is not a party to the transaction agreements, but for which securities administration servicing functions have been outsourced to the Company by a party to the transaction agreements. Additionally, for certain transactions included in the Platform, the Company began providing additional servicing activities on behalf of the party appointed as Trust Administrator per the transaction agreements as of the effective dates set forth in Appendix C.

 

Applicable Servicing Criteria:  All servicing criteria set forth in Item 1122(d), to the extent required by Item 1122(d) servicing criteria in regards to the activities performed by the Company with respect to the Platform as to any transaction, except for the following servicing criteria: 1122(d)(1)(iii)-1122(d)(1)(iv), 1122(d)(2)(iii), 1122(d)(4)(i)-1122(d)(4)(ii) and 1122(d)(4)(iv)-1122(d)(4)(xiv), which management has determined are not applicable to the activities the Company performs with respect to the Platform (the “Applicable Servicing Criteria”).  Servicing criterion 1122(d)(1)(v) is applicable only to the activities the Company performs related to the mathematically accurate aggregation of information received from servicers and the accurate conveyance of such information within reports to investors.  Servicing criterion 1122(d)(4)(iii) is applicable to the activities the Company performs with respect to the Platform only as it relates to the Company’s obligation to report additions, removals or substitutions on reports to investors in accordance with the transaction agreements.  With respect to servicing criteria 1122(d)(1)(ii) and 1122(d)(4)(iii), there were no activities performed during the twelve months ended December 31, 2023 with respect to the Platform, because there were no occurrences of events that would require the Company to perform such activities.

 

Period:  Twelve months ended December 31, 2023 (the “Period”).

 

With respect to the Platform as of and for the Period, the Company’s management provides the following assertion of compliance with respect to the Applicable Servicing Criteria:

 

 

----

 

KPMG LLP, an independent registered public accounting firm, has issued an attestation report with respect to Management’s assertion of compliance with the Applicable Servicing Criteria as of and for the Period.

 

 

CITIBANK, N.A.

 

By: ___/S/ James Maitland______________________

 

Its: ___Managing Director_______________________

Dated: February 29, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

----

 

 

 

 

 

 

Appendix A

 

Mortgage-backed Transactions and Securities Constituting the Platform

 

|                               |        |                             |        |               |
|-------------------------------|--------|-----------------------------|--------|---------------|
| Deal Name                     |   | Deal Name                   |   | Deal Name     |
| LMT 2006-1                    |   | HALO 2006-2                 |   | SEMT 2013-8   |
| CMLTI 2006-WMC1               |   | CMLTI 2006-HE3              |   | SEMT 2013-10  |
| CMLTI 2006-WFHE1              |   | HALO 2007-AR1               |   | SEMT 2013-11  |
| PHH Mtge 2006-1 RMBS          |   | HASCO07-OPT1 Mtge pass-thru |   | PMT 2013-J1   |
| CMLTI 2006-HE1                |   | HALO 2007-WF1               |   | SEMT 2013-7   |
| CMLTI 2006-WF1                |   | PHH Mtge 2007-1 RMBS        |   | SEMT 2013-6   |
| SASCO Lehman XS 2006-5        |   | CMLTI 2007-WFHE1            |   | SEMT 2013-2   |
| SASCO Mtge pass-thru,06-3H    |   | CMLTI 2007-AHL1             |   | SEMT 2013-4   |
| SASCO Lehman XS 2006-7        |   | CMLTI 2007-AMC1             |   | SEMT 2013-3   |
| SASCO Mtge pass-thru,06-S2    |   | WAMU 2007-HE2               |   | SEMT 2012-6   |
| CMLTI 2006-WF2                |   | CMLTI 2007-WFHE2            |   | SEMT 2014-1   |
| PHH Mtge 2006-2 RMBS          |   | PHH Mtge 2007-2 RMBS        |   | SEMT 2014-4   |
| CMLTI 2006-NC1                |   | CMLTI 2007-AMC3             |   | SEMT 2015-1   |
| LMT 2006-3                    |   | WAMU 2007-HE3               |   | SEMT 2015-2   |
| SASCO Lehman XS 2006-9        |   | PHH Mtge 2007-3 RMBS        |   | SEMT 2015-3   |
| AHMA 2006-3                   |   | CMLTI 2007-AHL2             |   | SEMT 2015-4   |
| LMT 2006-4                    |   | HALO 07-1                   |   | SEMT 2016-1   |
| AHMA 2006-4                   |   | WAMU 2007-HE4               |   | SEMT 2016-2   |
| CMLTI 2006-HE2                |   | CMLTI 2007-WFHE3            |   | SEMT 2016-3   |
| SASCO Mtge pass-thru06-S3     |   | PHH Mtge 2007-4 RMBS        |   | SEMT 2017-1   |
| CMLTI  2006-WFHE2             |   | SASCO Lehman XS 07-11       |   | SEMT 2017-2   |
| SASCO Lehman XS 2006-13       |   | SASCO BNC 07-3              |   | SEMT 2017-3   |
| CMLTI 2006-NC2                |   | CMLTI 07-AHL3               |   | SEMT 2017-4   |
| CMLTI 2006-AMC1               |   | BAFC 2007-6                 |   | SEMT 2017-5   |
| PHH Mtge 2006-3 RMBS          |   | PHH Mtge 2007-5 RMBS        |   | SEMT 2017-6   |
| CMLTI 2006-WFHE3              |   | CMLTI 2007-WFHE4            |   | SEMT 2017-CH1 |
| SASCO Lehman XS 2006-17       |   | PHH Mtge 2007-6 RMBS        |   | SEMT 2017-7   |
| CMLTI 2006-WFHE4              |   | PHH Mtge 2006-4 RMBS        |   | SEMT 2017-CH2 |
| HASCO 06-HE2 HSI Asset 06-HE2 |   | CSMC 2012-9                 |   | SEMT 2018-1   |
| SASCO Mtge pass-thru,06-S4    |   | SEMT2013-9                  |   | SEMT 2018-2   |

 

 

 

 

----

 

 

|               |        |              |        |        |
|---------------|--------|--------------|--------|--------|
| Deal Name     |   | Deal Name    |   |   |
| SEMT 2018-3   |   | SEMT 2021-9  |   |   |
| SEMT 2018-CH1 |   | SEMT 2022-01 |   |   |
| SEMT 2018-4   |   | SEMT 2023-01 |   |   |
| SEMT 2018-5   |   | SEMT 2023-2  |   |   |
| SEMT 2018-CH2 |   | SEMT 2023-03 |   |   |
| SEMT 2018-6   |   | SEMT 2023-04 |   |   |
| SEMT 2018-CH3 |   | SEMT 2023-05 |   |   |
| SEMT 2018-7   |   |         |   |   |
| SEMT 2018-CH4 |   |         |   |   |
| SEMT 2019-CH1 |   |         |   |   |
| SEMT 2019-2   |   |         |   |   |
| SEMT 2019-CH2 |   |         |   |   |
| SEMT 2019-3   |   |         |   |   |
| SEMT 2019-CH3 |   |         |   |   |
| SEMT 2019-4   |   |         |   |   |
| SEMT 2019-5   |   |         |   |   |
| SEMT 2020-1   |   |         |   |   |
| SEMT 2020-2   |   |         |   |   |
| SEMT 2020-3   |   |         |   |   |
| SEMT 2020-MC1 |   |         |   |   |
| SEMT 2020-4   |   |         |   |   |
| SEMT 2020-5   |   |         |   |   |
| SEMT 2021-1   |   |         |   |   |
| SEMT 2021-2   |   |         |   |   |
| SEMT 2021-3   |   |         |   |   |
| SEMT 2021-4   |   |         |   |   |
| SEMT 2021-5   |   |         |   |   |
| SEMT 2021-6   |   |         |   |   |
| SEMT 2021-7   |   |         |   |   |
| SEMT 2021-08  |   |         |   |   |

 

 

 

 

 

 

 

 

 

----

 

 

Appendix B

 

Mortgage-backed Transactions and Securities Constituting the Platform1

 

 

|            |
|------------|
| Deal Name  |
| RALI06QH1  |
| RALI06QO1  |
| RALI06QO10 |
| RALI06QO2  |
| RALI06QO3  |
| RALI06QO4  |
| RALI06QO5  |
| RALI06QO6  |
| RALI06QO7  |
| RALI06QO8  |
| RALI06QO9  |
| RALI07QH1  |
| RALI07QH2  |
| RALI07QH3  |
| RALI07QH4  |
| RALI07QH5  |
| RALI07QH6  |
| RALI07QH7  |
| RALI07QH8  |
| RALI07QH9  |
| RALI07QO1  |
| RALI07QO2  |
| RALI07QO3  |
| RALI07QO4  |
| RALI07QO5  |

 

 

1 The transactions listed consist of certain transactions for which the Company is not a party to the transaction agreements, but for which securities administration servicing functions have been outsourced to the Company by a party to the transaction agreements with respect to servicing criteria 1122(d)(1)(v), 1122(d)(3)(i)(A), 1122(d)(3)(i)(B) and 1122(d)(3)(i)(D), as well as 1122(d)(3)(ii), but only as it relates to the allocation of amounts due to investors in accordance with the distribution priority and other terms set forth in the transaction agreements.

 

 

 

 

 

 

 

 

 

 

 

 

 

----

 

 

 

Appendix C

 

Mortgage-backed Transactions and Securities Constituting the Platform2

 

|                               |                |        |                               |                |
|-------------------------------|----------------|--------|-------------------------------|----------------|
| Deal Name                     | Effective date |   | Deal Name                     | Effective date |
| CMLTI06-AR2 MBCerts           | 10/25/2021     |   | CitiMtge Alt Ln Tr 07-A5 REMI | 8/26/2022      |
| CMLTI06-AR6 Mtge Pass-ThruCRT | 10/25/2021     |   | CitiMtge Alt Ln Tr07-A6       | 8/26/2022      |
| CMLTI06-AR7 Mtge pass-thru    | 10/25/2021     |   | CitiMtge Alt Ln Tr07-A8 SrSub | 8/26/2022      |
| CMLTI07-AR1 Mtge pass-thru    | 10/25/2021     |   | CMSCMSI 06-2 REMIC pass-thru  | 9/26/2022      |
| CMLTI07-AR7 Mtge pass-thru    | 10/25/2021     |   | CMS06-5 REMIC pass-thru       | 9/26/2022      |
| CMLTI06-AR3 Mtge pass-thru    | 11/26/2021     |   | CMS 06-7 REMIC PTC            | 9/26/2022      |
| CMLTI06-4 Mtge pass-thru      | 11/26/2021     |   | CMS 07-1 Sr and Sub REMIC PTC | 9/26/2022      |
| CMLTI06-AR5 Mtge pass-thru    | 11/26/2021     |   | CMS 07-2 REMIC PTC            | 9/26/2022      |
| CMLTI07-6, Mtge pass-thru     | 11/26/2021     |   | CMS 07-3 REMIC PTC            | 9/26/2022      |
| CMLTI 2007-10                 | 11/26/2021     |   | CMS 07-4 REMIC pass-thru      | 9/26/2022      |
| CMLTI 2006-AR1                | 12/27/2021     |   | CMSCMS . REMIC 07-5           | 9/26/2022      |
| CMLTI 2006-AR9                | 12/27/2021     |   | CMS 07-6 Sr and Sub REMIC PTC | 9/26/2022      |
| CMLTI 2007-AR4                | 12/27/2021     |   | CMS 07-9 REMIC pass-thru      | 9/26/2022      |
| CMLTI 2007-AR5                | 12/27/2021     |   | CMSI Mtge PasThru Cert 08-1   | 9/26/2022      |
| CMLTI 2007-AR8                | 12/27/2021     |   | CMSI 2008-2                   | 9/26/2022      |
| CMLTI 2008-2                  | 12/27/2021     |   | CitiMtge Alt Ln Tr07-A7 SrSub | 10/25/2022     |
| CMLTI-07-2 Mtge Pass Thru CRT | 1/25/2022      |   | CMS 07-8 REMIC PTC            | 11/25/2022     |
| CMLT 2006-A1                  | 8/26/2022      |   | CMSREMIC pass-thru,06-3       | 12/27/2022     |
| CitiMtge Alt Ln Tr 06A2 REMIC | 8/26/2022      |   | CMS 07-7 REMIC pass-thru      | 12/27/2022     |
| CitiMtge Alt Ln Tr 06-A3      | 8/26/2022      |   | CMSREMIC pass-thru06-1        | 1/25/2023      |
| CitiMtge Alt Ln Tr 06-A4-Remi | 8/26/2022      |   | CMS 06-4 REMIC PTC            | 1/25/2023      |
| CitiMtge Alt Ln Tr06-A5 REMIC | 8/26/2022      |   | CMSREMIC pass-thru06-6        | 1/25/2023      |
| CitiMtge Alt Ln Tr06-A6 Sr sb | 8/26/2022      |   | Citi RMtge Sec REMIC 06-1     | 1/25/2023      |
| CitiMtge Alt Ln Tr06-A7 Sr Su | 8/26/2022      |   | Citi Resi Mtge Sec REMIC 06-2 | 1/25/2023      |
| CitiMtge Alt Ln Tr07-A1 SrSub | 8/26/2022      |   | Citi Resid Mtge Sec06-3 REMIC | 1/25/2023      |
| CitiMtge Alt Ln Tr07-A2 REMIC | 8/26/2022      |   | Citi Resi Mtge Sec,07-1 REMIC | 1/25/2023      |
| CitiMtge Alt Ln Tr REMIC 07A3 | 8/26/2022      |   | Citi Resi Mtge Sec 07-2 REMIC | 1/25/2023      |
| CitiMtge Alt Ln Tr07-A4 SrSub | 8/26/2022      |   |                          |           |

 

2 As of the effective dates listed above, the Company began providing servicing activities on behalf of the party appointed as Trust Administrator per the transaction agreements with respect to servicing criteria 1122(d)(1)(v), 1122(d)(3)(i)(B), 1122(d)(3)(i)(D) and 1122(d)(3)(ii).  Prior to the effective dates listed above, servicing criterion 1122(d)(3)(ii) was applicable to the Company for the transactions listed above solely with respect to remittances.  Beginning on the effective dates listed above, servicing criterion 1122(d)(3)(ii) is applicable to the Company in its entirety for the transactions listed above.

 

 

 

 

----