UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION

Washington,
D.C. 20549



FORM
10-K



(Mark One)



| | ☒ | ANNUAL
                                         REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | - | -----------------------------------------------------------------------------------------------------------------------------



For the fiscal year ended December
31, 2021
or



| | ☐ | TRANSITION
                                         REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | - | ---------------------------------------------------------------------------------------------------------------------------------



For the transition period from _____
to _____
Commission file number of the issuing entity: 333-201743-01

Central Index Key Number of the issuing
entity: 0001652031

Bank of America Merrill Lynch Commercial
Mortgage Trust 2015-UBS7

(exact name of the issuing entity as
specified in its charter)



Central Index Key Number of the depositor:
0001005007

Banc of America Merrill Lynch Commercial
Mortgage Inc.

(exact name of the depositor as specified
in its charter)



Central Index Key Number of the sponsor:
0001102113

Bank of America, National Association

(exact name of the sponsor as specified
in its charter)



Central Index Key Number of the sponsor:
0001541886

UBS Real Estate Securities Inc.

(exact name of the sponsor as specified
in its charter)



|New York(State or other jurisdiction ofincorporation or organization ofthe issuing entity) | 38-3977507
38-3977508
38-7146424
47-5304267(I.R.S. EmployerIdentification Numbers)
|------------------------------------------------------------------------------------------ | ----------------------------------------------------------------------------------



c/o U.S. Bank National Association

as Certificate Administrator

190 S. LaSalle Street

Chicago, IL

(Address of principal executive offices
of the issuing entity)



60603

(Zip Code)



Registrant’s telephone number,
including area code:

(646) 855-3953











Securities registered pursuant to Section 12(b) of the Act:

|Title of each class | Trading Symbol(s) | Name of each exchange on which registered
|------------------- | ----------------- | -----------------------------------------
|None                |                   |                                          



Securities registered pursuant to Section 12(g) of the Act:
None.



Indicate by check mark if the registrant is a well-known seasoned
issuer, as defined in Rule 405 of the Securities Act. ☐ Yes ☒ No



Indicate by check mark if the registrant is not required to
file reports pursuant to Section 13 or Section 15(d) of the Act. ☐ Yes ☒ No



Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements
for the past 90 days. ☒ Yes ☐ No



Indicate by check mark whether the registrant has submitted
electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant
to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that
the registrant was required to submit and post such files).



Not applicable.



Indicate by check mark if disclosure of delinquent filers pursuant
to Item 405 of Regulation S-K (Section 229.405 of this chapter) is not contained herein, and will not be contained, to the best
of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form
10-K or any amendment to this Form 10-K.



Not applicable.



Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions
of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging
growth company” in Rule 12b-2 of the Exchange Act.



|Large accelerated filer | ☐                                                | Accelerated filer         | ☐
|----------------------- | ------------------------------------------------ | ------------------------- | -
|                        |                                                  |                           |  
|Non-accelerated filer   | ☒  (Do not check if a smaller reporting company) | Smaller reporting company | ☐
|                        |                                                  |                           |  
|                        |                                                  | Emerging growth company   | ☐



If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. ☐



Indicate by check mark whether the registrant has filed a report
on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under
Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its
audit report. ☐



Indicate by check mark whether the registrant is a shell company
(as defined in Rule 12b-2 of the Act). ☐ Yes ☒No



State the aggregate market value of the voting and non-voting
common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average
bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second
fiscal quarter.



Not applicable.



Indicate by check mark whether the registrant has filed all
documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the
distribution of securities under a plan confirmed by a court. ☐ Yes ☐
No



Not applicable.



Indicate the number of shares outstanding of each of the registrant’s
classes of common stock, as of the latest practicable date.



Not applicable.



2







DOCUMENTS INCORPORATED BY REFERENCE



List hereunder the following documents if incorporated by reference
and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated: (1) Any annual report to security
holders; (2) Any proxy or information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities
Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders
for fiscal year ended December 24, 1980).



Not applicable.








3





EXPLANATORY NOTES



The WPC Department Store Portfolio Mortgage Loan, which constituted
approximately 2.7% of the asset pool of the issuing entity as of its cut-off date, is an asset of the issuing entity and is part
of a loan combination that includes the WPC Department Store Portfolio Mortgage Loan which is an asset of the issuing entity and
two other pari passu loans, which are not assets of the issuing entity. This loan combination, including the WPC Department
Store Portfolio Mortgage Loan, is being serviced and administered pursuant to the Pooling and Servicing Agreement, which is incorporated
by reference as Exhibit 4.1 to this Annual Report on Form 10-K.



The Exhibit Index describes exhibits provided by certain parties
(in their capacities indicated on the Exhibit Index) with respect to the Aviare Place Apartments Mortgage Loan, which constituted
approximately 0.7% of the asset pool of the issuing entity as of its cut-off date.  The Aviare Place Apartments Mortgage Loan
is an asset of the issuing entity and is part of a loan combination that includes the Aviare Place Apartments Mortgage Loan and
one other pari passu loan, which is not an asset of the issuing entity. The other pari passu portion of the loan
combination was securitized in the Morgan Stanley Bank of America Merrill Lynch Trust 2015-C23 transaction, Commission File Number
333-180779-16 (the “MSBAM 2015-C23 Transaction”). This loan combination, including the Aviare Place Apartments
Mortgage Loan, is being serviced and administered pursuant to the pooling and servicing agreement for the MSBAM 2015-C23 Transaction,
which is incorporated by reference as Exhibit 4.2 to this Annual Report on Form 10-K.



The Exhibit Index describes exhibits provided by certain parties
(in their capacities indicated on the Exhibit Index) with respect to the Charles River Plaza North Mortgage Loan and The Mall of
New Hampshire Mortgage Loan, which constituted approximately 9.6% and 6.6%, respectively, of the asset pool of the issuing entity
as of its cut-off date.  The Charles River Plaza North Mortgage Loan and The Mall of New Hampshire Mortgage Loan are each
an asset of the issuing entity and are each part of a loan combination that includes (a) with respect to the Charles River Plaza
North Mortgage Loan, three other pari passu loans and one subordinate companion loan, which are not assets of the issuing
entity or (b) with respect to The Mall of New Hampshire Mortgage Loan, one other pari passu loan, which is not an asset
of the issuing entity. A pari passu portion of each loan combination was securitized in the CSAIL 2015-C3 Commercial Mortgage
Trust transaction, Commission File Number 333-199921-03 (the “CSAIL 2015-C3 Transaction”). These loan combinations,
including the Charles River Plaza North Mortgage Loan and The Mall of New Hampshire Mortgage Loan, are being serviced and administered
pursuant to the pooling and servicing agreement for the CSAIL 2015-C3 Transaction, which is incorporated by reference as Exhibit
4.3 to this Annual Report on Form 10-K.



The Exhibit Index describes exhibits provided by certain parties
(in their capacities indicated on the Exhibit Index) with respect to the 261 Fifth Avenue Mortgage Loan, which constituted approximately
9.2% of the asset pool of the issuing entity as of its cut-off date.  The 261 Fifth Avenue Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the 261 Fifth Avenue Mortgage Loan and one other pari passu
loan, which is not an asset of the issuing entity. This loan combination, including the 261 Fifth Avenue Mortgage Loan, was serviced
under the Pooling and Servicing Agreement for the issuing entity prior to the closing of the securitization of the other pari
passu portion of the 261 Fifth Avenue loan combination in the Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25 transaction,
Commission File Number 333-201743-02 (the “MSBAM 2015-C25 Transaction”). After the closing of the MSBAM 2015-C25
Transaction on October 15, 2015, this loan combination, including the 261 Fifth Avenue Mortgage Loan was, and will continue to
be, serviced and administered pursuant to the pooling and servicing agreement with respect to the MSBAM 2015-C25 Transaction, which
is incorporated by reference as Exhibit 4.4 to this Annual Report on Form 10-K.



The master servicer of a pooling and servicing agreement or
trust and servicing agreement also functions as the primary servicer of the related mortgage loans serviced and administered pursuant
to such agreement unless a separate primary servicer is identified herein. If this report does not identify a separate primary
servicer, the servicer compliance statement provided by the master servicer under any such agreement also encompasses its responsibilities
as primary servicer of the related mortgage loan or mortgage loans.



Midland Loan Services, a Division of PNC Bank, National Association
is the master servicer of the mortgage loans serviced under the Pooling and Servicing Agreement, the primary servicer of the Charles
River Plaza North Mortgage Loan and The Mall of New Hampshire Mortgage Loan and the special servicer of the 261 Fifth Avenue Mortgage
Loan. As a result, Midland Loan Services, a Division of PNC Bank, National Association is a “servicer” as defined in
Item 1108(a)(2)(iii) of Regulation AB, in the capacities described above, because it is servicing mortgage loans that constituted
10% or more of the assets of the issuing entity as of its cut-off date. The assessments of compliance with applicable servicing
criteria, accountants’ attestation reports and servicer compliance statements delivered by Midland Loan Services, a Division
of PNC Bank, National Association in the capacities described above are listed in the Exhibit Index.



Wells Fargo Bank, National Association is the primary servicer
of the Aviare Place Apartments Mortgage Loan and the 261 Fifth Avenue Mortgage Loan.  These mortgage loans constitute more
than 5%, but less than 10%, of the pool assets of the issuing entity.  Therefore, the Depositor included in this Annual Report
on Form 10-K an assessment of compliance with applicable servicing criteria for Wells Fargo Bank, National Association and an accountants’
attestation report pursuant to Item 1122 of Regulation AB because KeyBank National Association is servicing more than 5% of the
pool assets.  However, the Depositor is not required to include in this Annual Report on Form 10-K a servicer compliance statement
pursuant to Item 1123 of Regulation AB of Wells Fargo Bank, National Association because it is an unaffiliated servicer servicing
less than 10% of pool assets.



LNR Partners, LLC is the special servicer of the mortgage loans
serviced under the Pooling and Servicing Agreement and the Aviare Place Apartments Mortgage Loan. As a result, LNR Partners, LLC
is a “servicer” as defined in Item 1108(a)(2)(iii) of Regulation AB, in the capacities described above, because it
is servicing mortgage loans that constituted 10% or more of the assets of the issuing entity as of its cut-off date. The assessments
of compliance with applicable servicing criteria, accountants’ attestation reports and servicer compliance statements delivered
by LNR Partners, LLC in the capacities described above are listed in the Exhibit Index.



AEGON USA Realty Advisors, LLC is the special servicer of the
Charles River Plaza North Mortgage Loan and the 200 Helen Street Mortgage Loan, which constituted approximately 9.6% and 5.5%,
respectively, of the asset pool of the issuing entity as of its cut-off date. In accordance with the Compliance and Disclosure
Interpretations, Section 200.03 (Rules 13a-18 and 15d-18, Servicer’s Assessment of Compliance), this percentage must be reduced
pro ratabecause it was only acting as special servicer of the Charles River Plaza North Mortgage Loan and the 200 Helen
Street Mortgage Loan from January 1, 2021 to August 5, 2021. As a result, AEGON USA Realty Advisors, LLC is an unaffiliated party
that, as a result of such pro rata reduction of such percentage, is not a “servicer” that meets the criteria
in Item 1108(a)(2)(i) through (iii) of Regulation AB and so no servicer compliance statement is required.



4







Situs Holdings, LLC is the special servicer of the Charles River
Plaza North Mortgage Loan and the 200 Helen Street Mortgage Loan, which constituted approximately 9.6% and 5.5%, respectively,
the asset pool of the issuing entity as of its cut-off date. In accordance with the Compliance and Disclosure Interpretations,
Section 200.03 (Rules 13a-18 and 15d-18, Servicer’s Assessment of Compliance), this percentage must be reduced pro ratabecause it was only acting as special servicer of the Charles River Plaza North Mortgage Loan and the 200 Helen Street Mortgage
Loan from August 6, 2021 to December 31, 2021. As a result, Situs Holdings, LLC is an unaffiliated party that, as a result of such
pro rata reduction of such percentage, is not a “servicer” that meets the criteria in Item 1108(a)(2)(i) through
(iii) of Regulation AB and so no servicer compliance statement is required.



Pentalpha Surveillance LLC is the trust advisor of the mortgage
loans serviced under the Pooling and Servicing Agreement, the Charles River Plaza North Mortgage Loan, the 261 Fifth Avenue Mortgage
Loan, The Mall of New Hampshire Mortgage Loan and the Aviare Place Apartments Mortgage Loan. As a result, Pentalpha Surveillance
LLC is a servicing function participant in the capacities described above, because it is servicing mortgage loans that constituted
5% or more of the assets of the issuing entity as of its cut-off date. The assessments of compliance with applicable servicing
criteria and accountants’ attestation reports delivered by Pentalpha Surveillance LLC in the capacities described above are
listed in the Exhibit Index.



Wells Fargo Bank, National Association is the custodian of the
Charles River Plaza North Mortgage Loan, The Mall of New Hampshire Mortgage Loan and the Aviare Place Apartments Mortgage Loan.
As a result, Wells Fargo Bank, National Association is a servicing function participant in the capacities described above, because
it is servicing mortgage loans that constituted 5% or more of the assets of the issuing entity as of its cut-off date. The assessments
of compliance with applicable servicing criteria and accountants’ attestation reports delivered by Wells Fargo Bank, National
Association in the capacities described above are listed in the Exhibit Index.



U.S. Bank National Association is the custodian of the mortgage
loans serviced under the Pooling and Servicing Agreement and the 261 Fifth Avenue Mortgage Loan. As a result, U.S. Bank National
Association is a servicing function participant in the capacities described above, because it is servicing mortgage loans that
constituted 5% or more of the assets of the issuing entity as of its cut-off date. The assessments of compliance with applicable
servicing criteria and accountants’ attestation reports delivered by U.S. Bank National Association in the capacities described
above are listed in the Exhibit Index.



Wells Fargo Bank, National Association acts as trustee of the
Charles River Plaza North Mortgage Loan and The Mall of New Hampshire Mortgage Loan. Pursuant to the pooling and servicing agreement
for the CSAIL 2015-C3 Transaction, the trustee is required to provide an assessment of compliance with applicable servicing criteria
solely with respect to Item 1122(d)(2)(iii) of Regulation AB (regarding advances of funds or guarantees regarding collections,
cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified
in the transaction agreements). However, during the reporting period, the trustee did not perform any servicing function with respect
to the servicing criteria specified in Item 1122(d)(2)(iii) of Regulation AB. The master servicer or the special servicer, to the
extent required, performed the servicing function identified with respect to Item 1122(d)(2)(iii) of Regulation AB, and each such
party included Item 1122(d)(2)(iii) of Regulation AB in the assessment of compliance with applicable servicing criteria and accountant’s
attestation report for the subject transaction.  As a result, this Annual Report on Form 10-K does not include an assessment
of compliance with applicable servicing criteria of the trustee. One or more other servicers of the Charles River Plaza North Mortgage
Loan and The Mall of New Hampshire Mortgage Loan have delivered one or more assessments of compliance with respect to Item 1122(d)(2)(iii)
of Regulation AB.



Wilmington Trust, National Association acts as trustee of the
Aviare Place Apartments Mortgage Loan. Pursuant to the pooling and servicing agreement for the MSBAM 2015-C23 Transaction, the
trustee is required to provide an assessment of compliance with applicable servicing criteria solely with respect to Item 1122(d)(2)(iii)
of Regulation AB (regarding advances of funds or guarantees regarding collections, cash flows or distributions, and any interest
or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements). However,
during the reporting period, the trustee did not perform any servicing function with respect to the servicing criteria specified
in Item 1122(d)(2)(iii) of Regulation AB. The master servicer or the special servicer, to the extent required, performed the servicing
function identified with respect to Item 1122(d)(2)(iii) of Regulation AB, and each such party included Item 1122(d)(2)(iii) of
Regulation AB in the assessment of compliance with applicable servicing criteria and accountant’s attestation report for
the subject transaction.  As a result, this Annual Report on Form 10-K does not include an assessment of compliance with applicable
servicing criteria of the trustee. One or more other servicers of the Aviare Place Apartments Mortgage Loan have delivered one
or more assessments of compliance with respect to Item 1122(d)(2)(iii) of Regulation AB.



This Annual Report on Form 10-K includes assessments of compliance
with applicable servicing criteria and accountants’ attestation reports from CoreLogic Solutions, LLC.  This entity
was engaged by the primary servicer of the Aviare Place Apartments Mortgage Loan and the 261 Fifth Avenue Mortgage Loan to remit
tax payments received from the escrow accounts of borrowers to local taxing authorities, to report tax amounts due, to verify tax
parcel information, and to verify non-escrow tax payments. These servicing functions are included within the servicing criteria
set forth in Items 1122(d)(4)(xi) and 1122(d)(4)(xii) of Regulation AB.  Therefore, under the principles-based definition
of “servicer” set forth in Item 1101(j) of Regulation AB that looks to the functions that an entity performs, this
vendor is a “servicer” for the purposes of Item 1122 of Regulation AB.  See Compliance and Disclosure Interpretations,
Section 301.01 (Item 1101(j)).



This Annual Report on Form 10-K includes an assessment of compliance
with applicable servicing criteria, accountants’ attestation report and servicer compliance statement from Computershare
Trust Company, National Association (“CTCNA”).  CTCNA was engaged by Wells Fargo Bank, National Association
(“Wells Fargo”), in its capacity as custodian, to perform certain specified servicing functions identified in
the assessment of compliance with applicable servicing criteria and accountants’ attestation reports. Wells Fargo engaged
CTCNA in connection with the sale of Wells Fargo’s corporate trust services business to CTCNA and its affiliates.



5







The assessments of compliance with applicable servicing criteria,
accountants’ attestation reports and servicer compliance statements of the certificate administrator of the 261 Fifth Avenue
Mortgage Loan, the Aviare Place Apartments Mortgage Loan, the Charles River Plaza North Mortgage Loan and The Mall of New Hampshire
Mortgage Loan are omitted from this Annual Report on Form 10-K as the certificate administrator pursuant to the related pooling
and servicing agreement or trust and servicing agreement does not perform any activities that address servicing criteria with respect
to the issuing entity and because they are each not a “servicer” that meets the criteria in Item 1108(a)(2)(i) through
(iii) of Regulation AB.



With respect to the pari passu loan combinations that
include the 261 Fifth Avenue Mortgage Loan, The Mall of New Hampshire Mortgage Loan, the Aviare Place Apartments Mortgage Loan,
Charles River Plaza North Mortgage Loan and the 200 Helen Street Mortgage Loan, the servicer compliance statements of Wells Fargo
Bank, National Association as primary servicer of the Aviare Place Apartments Mortgage Loan and the 261 Fifth Avenue Mortgage Loan
and Rialto Capital Advisors, LLC as special servicer of The Mall of New Hampshire Mortgage Loan, listed on the Exhibit Index are
omitted from this Annual Report on Form 10-K as they are not required by Item 1123 of Regulation AB to be included on this Annual
Report on Form 10-K because they are each an unaffiliated party that is not a “servicer” that meets the criteria in
Item 1108(a)(2)(i) through (iii) of Regulation AB, and the servicer compliance statements of AEGON USA Realty Advisors, LLC as
special servicer of the Charles River Plaza North Mortgage Loan and the 200 Helen Street Mortgage Loan prior to August 6, 2021
and Situs Holdings, LLC as special servicer of the Charles River Plaza North Mortgage Loan and the 200 Helen Street Mortgage Loan
on and after August 6, 2021 listed on the Exhibit Index is omitted from this Annual Report on From 10-K for the reasons set forth
in the Explanatory Notes above.



PART I



Item 1. Business.



Omitted.



Item 1A. Risk Factors.



Omitted.



Item 1B. Unresolved Staff Comments.



None.



Item 2. Properties.



Omitted.



Item 3. Legal Proceedings.



Omitted.



Item 4. Mine Safety Disclosures.



Not applicable.



PART II



Item 5. Market for Registrant’s Common Equity, Related
Stockholder Matters and Issuer Purchases of Equity Securities.



Omitted.



Item 6. Selected Financial Data.



Omitted.



Item 7. Management’s Discussion and Analysis of Financial
Condition and Results of Operations.



Omitted.



Item 7A. Quantitative and Qualitative Disclosures About
Market Risk.



Omitted.



6







Item 8. Financial Statements and Supplementary Data.



Omitted.



Item 9. Changes in and Disagreements With Accountants on
Accounting and Financial Disclosure.



Omitted.



Item 9A. Controls and Procedures.



Omitted.



Item 9B. Other Information.



None.



PART III



Item 10. Directors, Executive Officers and Corporate Governance.



Omitted.



Item 11. Executive Compensation.



Omitted.



Item 12. Security Ownership of Certain Beneficial Owners
and Management and Related Stockholder Matters.



Omitted.



Item 13. Certain Relationships and Related Transactions,
and Director Independence.



Omitted.



Item 14. Principal Accounting Fees and Services.



Omitted.



ADDITIONAL DISCLOSURE ITEMS FOR REGULATION
AB



Item 1112(b) of Regulation AB, Significant Obligor Financial
Information.



No single obligor represents 10% or more of the pool assets
held by the issuing entity.



Item 1114(b)(2) of Regulation AB, Significant Enhancement
Provider Financial Information.



No entity or group of affiliated
entities provides any external credit enhancement or other support for the certificates within this transaction as described under
Item 1114(a) of Regulation AB.



Item 1115(b) of Regulation AB, Certain Derivatives Instruments
(Financial Information).



No entity or group of affiliated entities provides any derivative
instruments or other support for the certificates within this transaction as described under Item 1115 of Regulation AB.



Item 1117 of Regulation AB, Legal Proceedings.



The registrant knows of no material pending legal proceeding
involving the trust or any party related to the trust, other than routine litigation incidental to the duties of those respective
parties, and the following, with respect to U.S. Bank National Association as trustee, as certificate administrator and as custodian,
and Wells Fargo Bank, National Association as trustee, as certificate administrator and as custodian.



7







U.S. Bank National Association (“U.S. Bank”) and
other large financial institutions have been sued in their capacity as trustee or successor trustee for certain residential mortgage
backed securities ("RMBS") trusts. The complaints, primarily filed by investors or investor groups against U.S. Bank
and similar institutions, allege the trustees caused losses to investors as a result of alleged failures by the sponsors, mortgage
loan sellers and servicers to comply with the governing agreements for these RMBS trusts. Plaintiffs generally assert causes of
action based upon the trustees’ purported failures to enforce repurchase obligations of mortgage loan sellers for alleged
breaches of representations and warranties, notify securityholders of purported events of default allegedly caused by breaches
of servicing standards by mortgage loan servicers and abide by a heightened standard of care following alleged events of default.



U.S. Bank denies liability and believes that it has performed
its obligations under the RMBS trusts in good faith, that its actions were not the cause of losses to investors, that it has meritorious
defenses, and it has contested and intends to continue contesting the plaintiffs’ claims vigorously. However, U.S. Bank cannot
assure you as to the outcome of any of the litigation, or the possible impact of these litigations on the trustee or the RMBS trusts.



On March 9, 2018, a law firm purporting to represent fifteen
Delaware statutory trusts (the “DSTs”) that issued securities backed by student loans (the “Student Loans”)
filed a lawsuit in the Delaware Court of Chancery against U.S. Bank National Association (“U.S. Bank”) in its capacities
as indenture trustee and successor special servicer, and three other institutions in their respective transaction capacities, with
respect to the DSTs and the Student Loans. This lawsuit is captioned The National Collegiate Student Loan Master Trust I, et
al. v. U.S. Bank National Association, et al., C.A. No. 2018-0167-JRS (Del. Ch.) (the “NCMSLT Action”). The complaint,
as amended on June 15, 2018, alleged that the DSTs have been harmed as a result of purported misconduct or omissions by the defendants
concerning administration of the trusts and special servicing of the Student Loans. Since the filing of the NCMSLT Action, certain
Student Loan borrowers have made assertions against U.S. Bank concerning special servicing that appear to be based on certain allegations
made on behalf of the DSTs in the NCMSLT Action.



U.S. Bank has filed a motion seeking dismissal of the operative
complaint in its entirety with prejudice pursuant to Chancery Court Rules 12(b)(1) and 12(b)(6) or, in the alternative, a stay
of the case while other prior filed disputes involving the DSTs and the Student Loans are litigated. On November 7, 2018, the Court
ruled that the case should be stayed in its entirety pending resolution of the first-filed cases. On January 21, 2020, the Court
entered an order consolidating for pretrial purposes the NCMSLT Action and three other lawsuits pending in the Delaware Court of
Chancery concerning the DSTs and the Student Loans, which remains pending.



U.S. Bank denies liability in the NCMSLT Action and believes
it has performed its obligations as indenture trustee and special servicer in good faith and in compliance in all material respects
with the terms of the agreements governing the DSTs and that it has meritorious defenses. It has contested and intends to continue
contesting the plaintiffs’ claims vigorously.



In December 2014, Phoenix Light SF Limited
and certain related entities and the National Credit Union Administration (NCUA) filed complaints in the United States District
Court for the Southern District of New York against Wells Fargo Bank, alleging claims against Wells Fargo Bank in its capacity
as trustee for a number of residential mortgage-backed securities trusts. Complaints raising similar allegations have been filed
by Commerzbank AG in the Southern District of New York and by IKB International and IKB Deutsche Industriebank in New York state
court. In each case, the plaintiffs allege that Wells Fargo Bank, as trustee, caused losses to investors, and plaintiffs assert
causes of action based upon, among other things, the trustee’s alleged failure to notify and enforce repurchase obligations
of mortgage loan sellers for purported breaches of representations and warranties, notify investors of alleged events of default,
and abide by appropriate standards of care following alleged events of default. Wells Fargo Bank previously settled two class action
lawsuits with similar allegations that were filed in November 2014 and December 2016 by institutional investors in the Southern
District of New York and New York state court, respectively. In addition, Park Royal I LLC and Park Royal II LLC have filed complaints
in New York state court alleging Wells Fargo Bank, N.A., as trustee, failed to take appropriate actions upon learning of defective
mortgage loan documentation. In March 2021, the Company entered into an agreement to resolve the case filed by the NCUA.



In addition to the foregoing cases, in
August 2014 and August 2015 Nomura Credit & Capital Inc. (“Nomura”) and Natixis Real Estate Holdings, LLC
(“Natixis”) filed a total of seven third-party complaints against Wells Fargo Bank in New York state court.
In the underlying first-party actions, Nomura and Natixis have been sued for alleged breaches of representations and warranties
made in connection with residential mortgage-backed securities sponsored by them. In the third-party actions, Nomura and Natixis
allege that Wells Fargo Bank, as master servicer, primary servicer or securities administrator, failed to notify Nomura and Natixis
of their own breaches, failed to properly oversee the primary servicers, and failed to adhere to accepted servicing practices.
Natixis additionally alleges that Wells Fargo Bank failed to perform default oversight duties. Wells Fargo Bank has asserted counterclaims
alleging that Nomura and Natixis failed to provide Wells Fargo Bank notice of their representation and warranty breaches.



With respect to each of the foregoing litigations, Wells Fargo
Bank believes plaintiffs' claims are without merit and intends to contest the claims vigorously, but there can be no assurances
as to the outcome of the litigations or the possible impact of the litigations on Wells Fargo Bank or the related RMBS trusts.



Item 1119 of Regulation AB, Affiliations and Certain Relationships
and Related Transactions.



The information regarding this Item has been previously provided
in a prospectus supplement of the Registrant relating to the issuing entity filed on September 24, 2015 pursuant to Rule 424(b)(5).



Item 1122 of Regulation AB, Compliance with Applicable
Servicing Criteria.



The reports on assessments of compliance with the servicing
criteria for asset-backed securities and related attestation reports on such assessments of compliance with respect to the mortgage
loans are attached hereto under Item 15 to this Annual Report on Form 10-K. Attached as Schedule VIII to the Pooling and Servicing
Agreement incorporated by reference as Exhibit 4.1 to this Annual Report on Form 10-K is a chart identifying the entities participating
in a servicing function for the transaction responsible for each applicable servicing criteria set forth in Item 1122(d).



8







The reports on assessments of compliance with the servicing
criteria for asset-backed securities and related attestation reports on such assessments of compliance with respect to the Aviare
Place Apartments Mortgage Loan, which is being serviced and administered pursuant to the pooling and servicing agreement for the
MSBAM 2015-C23 Transaction, are attached hereto under Item 15 to this Annual Report on Form 10-K. Attached as Schedule X to the
pooling and servicing agreement for the MSBAM 2015-C23 Transaction incorporated by reference as Exhibit 4.2 to this Annual Report
on Form 10-K is a chart identifying the entities participating in a servicing function for the MSBAM 2015-C23 Transaction responsible
for each applicable servicing criteria set forth in Item 1122(d).



The reports on assessments of compliance with the servicing
criteria for asset-backed securities and related attestation reports on such assessments of compliance with respect to the Charles
River Plaza North Mortgage Loan and The Mall of New Hampshire Mortgage Loan, which are being serviced and administered pursuant
to the pooling and servicing agreement for the CSAIL 2015-C3 Transaction, are attached hereto under Item 15 to this Annual Report
on Form 10-K. Attached as Exhibit O to the pooling and servicing agreement for the CSAIL 2015-C3 Transaction incorporated by reference
as Exhibit 4.3 to this Annual Report on Form 10-K is a chart identifying the entities participating in a servicing function for
the CSAIL 2015-C3 Transaction responsible for each applicable servicing criteria set forth in Item 1122(d).



The reports on assessments of compliance with the servicing
criteria for asset-backed securities and related attestation reports on such assessments of compliance with respect to the 261
Fifth Avenue Mortgage Loan, which is being serviced and administered pursuant to the pooling and servicing agreement for the MSBAM
2015-C25 Transaction, are attached hereto under Item 15 to this Annual Report on Form 10-K. Attached as Schedule X to the pooling
and servicing agreement for the MSBAM 2015-C25 Transaction incorporated by reference as Exhibit 4.4 to this Annual Report on Form
10-K is a chart identifying the entities participating in a servicing function for the MSBAM 2015-C25 Transaction responsible for
each applicable servicing criteria set forth in Item 1122(d).



The report on assessment of compliance for the twelve months
ended December 31, 2021, furnished pursuant to Item 1122 of Regulation AB by Aegon USA Realty Advisors, LLC (“Aegon”
or the “Company”), as special servicer, discloses that the following material instance of noncompliance occurred with
respect to its platform:



The examination performed by PWC identified an instance of material
noncompliance with the servicing criteria set forth in Item 1122(d)(3)(i)(A) of Regulation AB applicable to the Company during
year ended December 31, 2021. More specifically, for the only active special serviced deal subject to Item 1122(d)(3)(i)(A), the
report to the investors was not prepared in accordance with the timeframes and other terms set forth in the transaction agreements
for the period of January 1, 2021 to January 21, 2021. UBSCM 2017-C4 is the specific deal related to the aforementioned finding.
No other deals within Aegon’s CMBS special servicing portfolio were related to or impacted by this instance of non-compliance.



Management acknowledges the timeframe for reporting for this
active special serviced deal was missed by two days. Despite the timing discrepancy, there was no impact on any investor reporting,
issuing, or servicing. No additional testing was available for this particular criteria due to the downsizing of the CMBS portfolio
given Aegon’s pending exit from the business line.



Item 1123 of Regulation AB, Servicer Compliance Statement.



The servicer compliance statements are attached as Exhibits
to this Annual Report on Form 10-K.



The servicer compliance statement for the twelve months ended
December 31, 2021, furnished pursuant to Item 1123 of Regulation AB by Aegon USA Realty Advisors, LLC (“Aegon” or the
“Company”), as special servicer, discloses that the following material instance of noncompliance occurred with respect
to its platform:



The examination performed by PWC identified an instance of material
noncompliance with the servicing criteria set forth in Item 1122(d)(3)(i)(A) of Regulation AB applicable to the Company during
year ended December 31, 2021. More specifically, for the only active special serviced deal subject to Item 1122(d)(3)(i)(A), the
report to the investors was not prepared in accordance with the timeframes and other terms set forth in the transaction agreements
for the period of January 1, 2021 to January 21, 2021. UBSCM 2017-C4 is the specific deal related to the aforementioned finding.
No other deals within Aegon’s CMBS special servicing portfolio were related to or impacted by this instance of non-compliance.



Management acknowledges the timeframe for reporting for this
active special serviced deal was missed by two days. Despite the timing discrepancy, there was no impact on any investor reporting,
issuing, or servicing. No additional testing was available for this particular criteria due to the downsizing of the CMBS portfolio
given Aegon’s pending exit from the business line.



PART IV



Item 15. Exhibits, Financial Statement Schedules



(a) The following is a list of documents filed as part of this
Annual Report on Form 10-K:



(1) Not applicable



(2) Not applicable



(3) See below



9







|4.1  | Pooling and Servicing Agreement, dated as of September 1, 2015, by and among Banc of America Merrill Lynch Commercial Mortgage Inc., as Depositor, Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer, LNR Partners, LLC, as Special Servicer, Pentalpha Surveillance LLC, as Trust Advisor and U.S. Bank National Association, as Trustee, Certificate Administrator, Certificate Registrar, Authenticating Agent and Custodian (filed as Exhibit 4.1 to the registrant’s Current Report on Form 8-K/A filed on October 19, 2015 under Commission File No. 333-201743-01 and incorporated by reference herein).                                                                                    
|---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|4.2  | Pooling and Servicing Agreement, dated as of June 1, 2015, by and among Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as Master Servicer, LNR Partners, LLC, as General Special Servicer, Wells Fargo Bank, National Association, as Excluded Mortgage Loan Special Servicer, Pentalpha Surveillance LLC, as Trust Advisor, Wilmington Trust, National Association, as Trustee and Wells Fargo Bank, National Association, as Certificate Administrator, Certificate Registrar, Authenticating Agent and Custodian (filed as Exhibit 4.3 to the registrant’s Current Report on Form 8-K filed on September 25, 2015 under Commission File No. 333-201743-01 and incorporated by reference herein).
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|4.3  | Pooling and Servicing Agreement, dated as of August 1, 2015, by and among Credit Suisse First Boston Mortgage Securities Corp., as Depositor, Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer, Rialto Capital Advisors, LLC, as Special Servicer, Pentalpha Surveillance LLC, as Operating Advisor, Wells Fargo Bank, National Association, as Certificate Administrator and Wells Fargo Bank, National Association, as Trustee (filed as Exhibit 4.2 to the registrant’s Current Report on Form 8-K filed on September 25, 2015 under Commission File No. 333-201743-01  and incorporated by reference herein).                                                                                 
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|4.4  | Pooling and Servicing Agreement, dated as of October 1, 2015, by and among Banc of America Merrill Lynch Commercial Mortgage Inc., as Depositor, Wells Fargo Bank, National Association, as Master Servicer, Midland Loan Services, a Division of PNC Bank, National Association, as Special Servicer, Pentalpha Surveillance LLC, as Trust Advisor and U.S. Bank National Association, as Trustee, Certificate Administrator, Certificate Registrar, Authenticating Agent and Custodian (filed as Exhibit 4.2 to the registrant’s Current Report on Form 8-K/A filed on October 19, 2015 under Commission File No. 333-201743-01 and incorporated by reference herein).                                                                 
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|4.5  | Amended and Restated Agreement Between Noteholders, dated as of September 15, 2015, by and between Wells Fargo Bank, National Association, not in its individual capacity but solely  as Trustee, for the benefit of the Holders of CSAIL 2015 C-3 Mortgage Trust Commercial Mortgage Pass-Through Certificates, as Note A-1 Holder and Note A-2 Holder, UBS Real Estate Securities Inc., as Note A-3-1 Holder and Note A-3-2 Holder, and Prima Mortgage Investment Trust, LLC, as Junior Noteholder (filed as Exhibit 4.4 to the registrant’s Current Report on Form 8-K filed on September 25, 2015 under Commission File No. 333-201743-01 and incorporated by reference herein).                                                     
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|4.6  | Agreement Between Note Holders, dated as of September 3, 2015, by and between Bank of America, N.A., as Initial Note A-1 Holder, and Bank of America, N.A., as Initial Note A-2 Holder (filed as Exhibit 4.5 to the registrant’s Current Report on Form 8-K filed on September 25, 2015 under Commission File No. 333-201743-01 and incorporated by reference herein).                                                                                                                                                                                                                                                                                                                                                                   
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|4.7  | Co-Lender Agreement, dated as of August 18, 2015, by and between UBS Real Estate Securities Inc., as Initial Note A-1 Holder, and UBS Real Estate Securities Inc., as Initial Note A-2 Holder (filed as Exhibit 4.6 to the registrant’s Current Report on Form 8-K filed on September 25, 2015 under Commission File No. 333-201743-01 and incorporated by reference herein).                                                                                                                                                                                                                                                                                                                                                            
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|4.8  | Agreement Between Noteholders, dated as of September 24, 2015, by and between UBS Real Estate Securities Inc., as Senior Noteholder, and UBS Real Estate Securities Inc., as Junior Noteholder (filed as Exhibit 4.7 to the registrant’s Current Report on Form 8-K filed on September 25, 2015 under Commission File No. 333-201743-01 and incorporated by reference herein).                                                                                                                                                                                                                                                                                                                                                           
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|4.9  | Co-Lender Agreement, dated as of August 18, 2015, by and among UBS Real Estate Securities Inc., as Initial Note A-1 Holder, and UBS Real Estate Securities Inc., as Initial Note A-2 Holder, and UBS Real Estate Securities Inc., as Initial Note A-3 Holder (filed as Exhibit 4.8 to the registrant’s Current Report on Form 8-K filed on September 25, 2015 under Commission File No. 333-201743-01 and incorporated by reference herein).                                                                                                                                                                                                                                                                                             
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|4.10 | Agreement Between Note Holders, dated as of June 4, 2015, by and between Bank of America, N.A., as Initial Note A-1 Holder, and Bank of America, N.A., as Initial Note A-2 Holder (filed as Exhibit 4.9 to the registrant’s Current Report on Form 8-K filed on September 25, 2015 under Commission File No. 333-201743-01 and incorporated by reference herein).                                                                                                                                                                                                                                                                                                                                                                        
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|31   | Rule 13a-14(d)/15d-14(d) Certifications.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|33   | Reports on assessment of compliance with servicing criteria for asset-backed securities.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|33.1 | Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|33.2 | LNR Partners, LLC, as Special Servicer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|33.3 | AEGON USA Realty Advisors, LLC, as Special Servicer of the 200 Helen Street Mortgage Loan prior to August 6, 2021                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|33.4 | Situs Holdings, LLC, as Special Servicer of the 200 Helen Street Mortgage Loan on and after August 6, 2021                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|33.5 | U.S. Bank National Association, as Trustee, Certificate Administrator and Custodian                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|33.6 | Pentalpha Surveillance LLC, as Trust Advisor                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             



10







|33.7  | Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer of the WPC Department Store Portfolio Mortgage Loan (see Exhibit 33.1)
|----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------
|      |                                                                                                                                                                
|33.8  | LNR Partners, LLC, as Special Servicer of the WPC Department Store Portfolio Mortgage Loan (see Exhibit 33.2)                                                  
|      |                                                                                                                                                                
|33.9  | U.S. Bank National Association, as Trustee and Custodian of the WPC Department Store Portfolio Mortgage Loan (see Exhibit 33.5)                                
|      |                                                                                                                                                                
|33.10 | Pentalpha Surveillance LLC, as Trust Advisor of the WPC Department Store Portfolio Mortgage Loan (see Exhibit 33.6)                                            
|      |                                                                                                                                                                
|33.11 | Wells Fargo Bank, National Association, as Primary Servicer of the Aviare Place Apartments Mortgage Loan                                                       
|      |                                                                                                                                                                
|33.12 | LNR Partners, LLC, as Special Servicer of the Aviare Place Apartments Mortgage Loan (see Exhibit 33.2)                                                         
|      |                                                                                                                                                                
|33.13 | Wilmington Trust, National Association, as Trustee of the Aviare Place Apartments Mortgage Loan (Omitted. See Explanatory Notes.)                              
|      |                                                                                                                                                                
|33.14 | Wells Fargo Bank, National Association, as Custodian of the Aviare Place Apartments Mortgage Loan                                                              
|      |                                                                                                                                                                
|33.15 | Pentalpha Surveillance LLC, as Trust Advisor of the Aviare Place Apartments Mortgage Loan (see Exhibit 33.6)                                                   
|      |                                                                                                                                                                
|33.16 | CoreLogic Solutions, LLC, as Servicing Function Participant of the Aviare Place Apartments Mortgage Loan                                                       
|      |                                                                                                                                                                
|33.17 | Computershare Trust Company, National Association, as Servicing Function Participant for the Custodian on and after November 1, 2021                           
|      |                                                                                                                                                                
|33.18 | Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer of the Charles River Plaza North Mortgage Loan (see Exhibit 33.1)     
|      |                                                                                                                                                                
|33.19 | AEGON USA Realty Advisors, LLC, as Special Servicer of the Charles River Plaza North Mortgage Loan prior to August 6, 2021 (see Exhibit 33.3)                  
|      |                                                                                                                                                                
|33.20 | Situs Holdings, LLC, as Special Servicer of the Charles River Plaza North Mortgage Loan on and after August 6, 2021 (see Exhibit 33.4)                         
|      |                                                                                                                                                                
|33.21 | Wells Fargo Bank, National Association, as Trustee of the Charles River Plaza North Mortgage Loan (Omitted. See Explanatory Notes.)                            
|      |                                                                                                                                                                
|33.22 | Wells Fargo Bank, National Association, as Custodian of the Charles River Plaza North Mortgage Loan (see Exhibit 33.14)                                        
|      |                                                                                                                                                                
|33.23 | Pentalpha Surveillance LLC, as Operating Advisor of the Charles River Plaza North Mortgage Loan (see Exhibit 33.6)                                             
|      |                                                                                                                                                                
|33.24 | Computershare Trust Company, National Association, as Servicing Function Participant for the Custodian on and after November 1, 2021 (see Exhibit 33.17)       
|      |                                                                                                                                                                
|33.25 | Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer of The Mall of New Hampshire Mortgage Loan (see Exhibit 33.1)         
|      |                                                                                                                                                                
|33.26 | Rialto Capital Advisors, LLC, as Special Servicer of The Mall of New Hampshire Mortgage Loan                                                                   
|      |                                                                                                                                                                
|33.27 | Wells Fargo Bank, National Association, as Trustee of The Mall of New Hampshire Mortgage Loan (Omitted. See Explanatory Notes.)                                
|      |                                                                                                                                                                
|33.28 | Wells Fargo Bank, National Association, as Custodian of The Mall of New Hampshire Mortgage Loan (see Exhibit 33.14)                                            
|      |                                                                                                                                                                
|33.29 | Pentalpha Surveillance LLC, as Operating Advisor of The Mall of New Hampshire Mortgage Loan (see Exhibit 33.6)                                                 
|      |                                                                                                                                                                
|33.30 | Computershare Trust Company, National Association, as Servicing Function Participant for the Custodian on and after November 1, 2021 (see Exhibit 33.17)       
|      |                                                                                                                                                                
|33.31 | Wells Fargo Bank, National Association, as Primary Servicer of the 261 Fifth Avenue Mortgage Loan (see Exhibit 33.11)                                          
|      |                                                                                                                                                                
|33.32 | Midland Loan Services, a Division of PNC Bank, National Association, as Special Servicer of the 261 Fifth Avenue Mortgage Loan (see Exhibit 33.1)              
|      |                                                                                                                                                                
|33.33 | U.S. Bank National Association, as Trustee and Custodian of the 261 Fifth Avenue Mortgage Loan (see Exhibit 33.5)                                              
|      |                                                                                                                                                                
|33.34 | Pentalpha Surveillance LLC, as Trust Advisor of the 261 Fifth Avenue Mortgage Loan (see Exhibit 33.6)                                                          
|      |                                                                                                                                                                
|33.35 | CoreLogic Solutions, LLC, as Servicing Function Participant of the 261 Fifth Avenue Mortgage Loan (see Exhibit 33.16)                                          
|      |                                                                                                                                                                
|34    | Attestation reports on assessment of compliance with servicing criteria for asset-backed securities.                                                           
|      |                                                                                                                                                                
|34.1  | Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer                                                                        
|      |                                                                                                                                                                
|34.2  | LNR Partners, LLC, as Special Servicer                                                                                                                         



11







|34.3  | AEGON USA Realty Advisors, LLC, as Special Servicer of the 200 Helen Street Mortgage Loan prior to August 6, 2021                                              
|----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------
|      |                                                                                                                                                                
|34.4  | Situs Holdings, LLC, as Special Servicer of the 200 Helen Street Mortgage Loan on and after August 6, 2021                                                     
|      |                                                                                                                                                                
|34.5  | U.S. Bank National Association, as Trustee, Certificate Administrator and Custodian                                                                            
|      |                                                                                                                                                                
|34.6  | Pentalpha Surveillance LLC, as Trust Advisor                                                                                                                   
|      |                                                                                                                                                                
|34.7  | Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer of the WPC Department Store Portfolio Mortgage Loan (see Exhibit 34.1)
|      |                                                                                                                                                                
|34.8  | LNR Partners, LLC, as Special Servicer of the WPC Department Store Portfolio Mortgage Loan (see Exhibit 34.2)                                                  
|      |                                                                                                                                                                
|34.9  | U.S. Bank National Association, as Trustee and Custodian of the WPC Department Store Portfolio Mortgage Loan (see Exhibit 34.5)                                
|      |                                                                                                                                                                
|34.10 | Pentalpha Surveillance LLC, as Trust Advisor of the WPC Department Store Portfolio Mortgage Loan (see Exhibit 34.6)                                            
|      |                                                                                                                                                                
|34.11 | Wells Fargo Bank, National Association, as Primary Servicer of the Aviare Place Apartments Mortgage Loan                                                       
|      |                                                                                                                                                                
|34.12 | LNR Partners, LLC, as Special Servicer of the Aviare Place Apartments Mortgage Loan (see Exhibit 34.2)                                                         
|      |                                                                                                                                                                
|34.13 | Wilmington Trust, National Association, as Trustee of the Aviare Place Apartments Mortgage Loan (Omitted. See Explanatory Notes.)                              
|      |                                                                                                                                                                
|34.14 | Wells Fargo Bank, National Association, as Custodian of the Aviare Place Apartments Mortgage Loan                                                              
|      |                                                                                                                                                                
|34.15 | Pentalpha Surveillance LLC, as Trust Advisor of the Aviare Place Apartments Mortgage Loan (see Exhibit 34.6)                                                   
|      |                                                                                                                                                                
|34.16 | CoreLogic Solutions, LLC, as Servicing Function Participant of the Aviare Place Apartments Mortgage Loan                                                       
|      |                                                                                                                                                                
|34.17 | Computershare Trust Company, National Association, as Servicing Function Participant for the Custodian on and after November 1, 2021                           
|      |                                                                                                                                                                
|34.18 | Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer of the Charles River Plaza North Mortgage Loan (see Exhibit 34.1)     
|      |                                                                                                                                                                
|34.19 | AEGON USA Realty Advisors, LLC, as Special Servicer of the Charles River Plaza North Mortgage Loan prior to August 6, 2021 (see Exhibit 34.3)                  
|      |                                                                                                                                                                
|34.20 | Situs Holdings, LLC, as Special Servicer of the Charles River Plaza North Mortgage Loan on and after August 6, 2021 (see Exhibit 34.4)                         
|      |                                                                                                                                                                
|34.21 | Wells Fargo Bank, National Association, as Trustee of the Charles River Plaza North Mortgage Loan (Omitted. See Explanatory Notes.)                            
|      |                                                                                                                                                                
|34.22 | Wells Fargo Bank, National Association, as Custodian of the Charles River Plaza North Mortgage Loan (see Exhibit 34.14)                                        
|      |                                                                                                                                                                
|34.23 | Pentalpha Surveillance LLC, as Operating Advisor of the Charles River Plaza North Mortgage Loan (see Exhibit 34.6)                                             
|      |                                                                                                                                                                
|34.24 | Computershare Trust Company, National Association, as Servicing Function Participant for the Custodian on and after November 1, 2021 (see Exhibit 34.17)       



|34.25 | Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer of The Mall of New Hampshire Mortgage Loan (see Exhibit 34.1)  
|----- | --------------------------------------------------------------------------------------------------------------------------------------------------------
|      |                                                                                                                                                         
|34.26 | Rialto Capital Advisors, LLC, as Special Servicer of The Mall of New Hampshire Mortgage Loan                                                            
|      |                                                                                                                                                         
|34.27 | Wells Fargo Bank, National Association, as Trustee of The Mall of New Hampshire Mortgage Loan (Omitted. See Explanatory Notes.)                         
|      |                                                                                                                                                         
|34.28 | Wells Fargo Bank, National Association, as Custodian of The Mall of New Hampshire Mortgage Loan (see Exhibit 34.14)                                     
|      |                                                                                                                                                         
|34.29 | Pentalpha Surveillance LLC, as Operating Advisor of The Mall of New Hampshire Mortgage Loan (see Exhibit 34.6)                                          
|      |                                                                                                                                                         
|34.30 | Computershare Trust Company, National Association, as Servicing Function Participant for the Custodian on and after November 1, 2021 (see Exhibit 34.17)
|      |                                                                                                                                                         
|34.31 | Wells Fargo Bank, National Association, as Primary Servicer of the 261 Fifth Avenue Mortgage Loan (see Exhibit 34.11)                                   
|      |                                                                                                                                                         
|34.32 | Midland Loan Services, a Division of PNC Bank, National Association, as Special Servicer of the 261 Fifth Avenue Mortgage Loan (see Exhibit 34.1)       
|      |                                                                                                                                                         
|34.33 | U.S. Bank National Association, as Trustee and Custodian of the 261 Fifth Avenue Mortgage Loan (see Exhibit 34.5)                                       
|      |                                                                                                                                                         
|34.34 | Pentalpha Surveillance LLC, as Trust Advisor of the 261 Fifth Avenue Mortgage Loan (see Exhibit 34.6)                                                   



12







|      |                                                                                                                                                                                                                                                                                                                                                           
|----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|34.35 | CoreLogic Solutions, LLC, as Servicing Function Participant of the 261 Fifth Avenue Mortgage Loan (see Exhibit 34.16)                                                                                                                                                                                                                                     
|      |                                                                                                                                                                                                                                                                                                                                                           
|35    | Servicer compliance statements.                                                                                                                                                                                                                                                                                                                           
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.1  | Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer                                                                                                                                                                                                                                                                   
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.2  | LNR Partners, LLC, as Special Servicer                                                                                                                                                                                                                                                                                                                    
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.3  | AEGON USA Realty Advisors, LLC, as Special Servicer of the 200 Helen Street Mortgage Loan prior to August 6, 2021 (Omitted. See Explanatory Notes.)                                                                                                                                                                                                       
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.4  | Situs Holdings, LLC, as Special Servicer of the 200 Helen Street Mortgage Loan on and after August 6, 2021 (Omitted. See Explanatory Notes.)                                                                                                                                                                                                              
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.5  | U.S. Bank National Association, as Certificate Administrator                                                                                                                                                                                                                                                                                              
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.6  | Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer of the WPC Department Store Portfolio Mortgage Loan (see Exhibit 35.1)                                                                                                                                                                                           
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.7  | LNR Partners, LLC, as Special Servicer of the WPC Department Store Portfolio Mortgage Loan (see Exhibit 35.2)                                                                                                                                                                                                                                             
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.8  | Wells Fargo Bank, National Association, as Primary Servicer of the Aviare Place Apartments Mortgage Loan (Omitted. See Explanatory Notes.)                                                                                                                                                                                                                
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.9  | LNR Partners, LLC, as Special Servicer of the Aviare Place Apartments Mortgage Loan (see Exhibit 35.2)                                                                                                                                                                                                                                                    
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.10 | Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer of the Charles River Plaza North Mortgage Loan (see Exhibit 35.1)                                                                                                                                                                                                
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.11 | AEGON USA Realty Advisors, LLC, as Special Servicer of the Charles River Plaza North Mortgage Loan prior to August 6, 2021 (Omitted. See Explanatory Notes.)                                                                                                                                                                                              
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.12 | Situs Holdings, LLC, as Special Servicer of the Charles River Plaza North Mortgage Loan on and after August 6, 2021(Omitted. See Explanatory Notes.)                                                                                                                                                                                                      
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.13 | Midland Loan Services, a Division of PNC Bank, National Association, as Primary Servicer of The Mall of New Hampshire Mortgage Loan (see Exhibit 35.1)                                                                                                                                                                                                    
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.14 | Rialto Capital Advisors, LLC, as Special Servicer of The Mall of New Hampshire Mortgage Loan (Omitted. See Explanatory Notes.)                                                                                                                                                                                                                            
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.15 | Wells Fargo Bank, National Association, as Primary Servicer of the 261 Fifth Avenue Mortgage Loan (Omitted. See Explanatory Notes.)                                                                                                                                                                                                                       
|      |                                                                                                                                                                                                                                                                                                                                                           
|35.16 | Midland Loan Services, a Division of PNC Bank, National Association, as Special Servicer of the 261 Fifth Avenue Mortgage Loan (see Exhibit 35.1)                                                                                                                                                                                                         
|      |                                                                                                                                                                                                                                                                                                                                                           
|99.1  | Mortgage Loan Purchase Agreement, dated as of September 14, 2015, between Banc of America Merrill Lynch Commercial Mortgage Inc. and Bank of America, National Association (filed as Exhibit 99.1 to the registrant’s Current Report on Form 8-K/A filed on October 19, 2015 under Commission File No. 333-201743-01 and incorporated by reference herein)
|      |                                                                                                                                                                                                                                                                                                                                                           
|99.2  | Mortgage Loan Purchase Agreement, dated as of September 14, 2015, between Banc of America Merrill Lynch Commercial Mortgage Inc. and UBS Real Estate Securities Inc. (filed as Exhibit 99.2 to the registrant’s Current Report on Form 8-K/A filed on October 19, 2015 under Commission File No. 333-201743-01 and incorporated by reference herein)      



| | (b) | The exhibits required to be filed by the Registrant pursuant
to Item 601 of Regulation S-K are listed above.
| | --- | ------------------------------------------------------------------------------------------------------------



| | (c) | Not Applicable.
| | --- | ---------------



13







SIGNATURES



Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.



Banc of America Merrill Lynch Commercial Mortgage
Inc.
(Depositor)



/s/ Leland F. Bunch, III




Leland F. Bunch, III, President and Chief Executive
Officer
(senior officer in charge of securitization of the depositor)



Date: March 21, 2022



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