**UNITED STATESSECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-K**

(Mark One)

 

**/X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934**

 

**For the fiscal year ended December 31, 2016or**

**/ / TRANSITION REPORTPURSUANT 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: 333-195164-13**

**Central Index Key Number of the issuing entity: 0001651164**

**Wells Fargo Commercial MortgageTrust 2015-LC22**

**(exact name of the issuing entity as specified in itscharter)**

** **

**Central Index Key Number of the depositor: 0000850779**

**Wells Fargo Commercial MortgageSecurities, Inc.**

**(exact name of the depositor as specified in itscharter)**

** **

**Central Index Key Number of the sponsor: 0000740906**

**Wells Fargo Bank, NationalAssociation**

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

** **

**Central Index Key Number of the sponsor: 0001541468**

**Ladder Capital Finance LLC**

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

** **

**Central Index Key Number of the sponsor: 0001592182**

**Rialto Mortgage Finance, LLC**

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

** **

**Central Index Key Number of the sponsor: 0001577313**

**National Cooperative Bank, N.A.**

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

** **

| **New York****(State or other jurisdiction of  incorporation or organization of**

**the issuing entity)** | **38-3976121**

**38-3976122**

**38-3976123**

**38-7143601**

**(I.R.S. Employer**

**Identification Numbers)** |
|------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|

**c/o Wells Fargo Bank, National Association**

**as Certificate Administrator**

**9062 Old Annapolis Road**

**Columbia, MD**

**(Address of principalexecutive offices of the issuing entity)**

**21045**

**(Zip Code)**

**Registrant’s telephone number,including area code:**

**(704) 374-6161**

Securities registered pursuant to Section 12(b) of theAct:  None.

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

Indicate by check mark if the registrant is a well-knownseasoned issuer, as defined in Rule 405 of the Securities Act.  / / Yes /X/ No

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

Indicate by check mark whether the registrant (1) has filedall reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter periodthat the registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days.  /X/ Yes / /No

Indicate by check mark whether the registrant has submittedelectronically and posted on its corporate Web site, if any, every InteractiveData File required to be submitted and posted pursuant to Rule 405 ofRegulation 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 postsuch files).

Notapplicable.

Indicate by check mark if disclosure of delinquent filerspursuant to Item 405 of Regulation S-K (Section 229.405 of this chapter) is notcontained herein, and will not be contained, to the best of registrant’sknowledge, in definitive proxy or information statements incorporated byreference in Part III of this Form 10-K or any amendment to this Form10-K.   

Notapplicable.

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

Large accelerated filer / / Accelerated filer / /

Non-accelerated filer /X/ (Do not check if a smaller reporting company)  Smaller reporting company //

Indicate by check mark whether the registrant is a shellcompany (as defined in Rule 12b-2 of the Act).  / / Yes /X/ No

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

Notapplicable.

Indicate by check mark whether the registrant has filed all documentsand reports required to be filed by Section 12, 13 or 15(d) of the SecuritiesExchange Act of 1934 subsequent to the distribution of securities under a planconfirmed by a court.  / / Yes / /No

Notapplicable.

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

Notapplicable.

**DOCUMENTS INCORPORATED BY REFERENCE**

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

Not applicable.

**EXPLANATORY NOTES**

 

The 40 Wall Street MortgageLoan, which constituted approximately 9.8% of the asset pool of the issuingentity as of its cut-off date, is an asset of the issuing entity and is part ofa loan combination that includes the 40 Wall Street Mortgage Loan which is anasset of the issuing entity and two other *pari passu* loans, which arenot assets of the issuing entity. This loan combination, including the 40 WallStreet Mortgage Loan, is being serviced and administered pursuant to thePooling and Servicing Agreement, which is incorporated by reference as Exhibit4.1 to this Annual Report on Form 10-K. Wells Fargo Bank, National Associationis the master servicer under the Pooling and Servicing Agreement.  Theresponsibilities of Wells Fargo Bank, National Association, as primary servicerof the loan combination with respect to the issuing entity, are subsumed withinits responsibilities as master servicer under the Pooling and ServicingAgreement.  Thus, the servicer compliance statement provided by WellsFargo Bank, National Association, as master servicer under the Pooling andServicing Agreement, encompasses its roles as both master servicer and primaryservicer with respect to the loan combination.

TheExhibit Index describes exhibits provided by certain parties (in theircapacities indicated on the Exhibit Index) with respect to the Somerset ParkApartments Mortgage Loan, which constituted approximately 7.3% of the assetpool of the issuing entity as of its cut-off date.  The Somerset ParkApartments Mortgage Loan is an asset of the issuing entity and is part of aloan combination that includes the Somerset Park Apartments Mortgage Loan andfour other *pari passu* loans, which are not assets of the issuing entity.A *pari passu* portion of the loan combination was securitized in theWells Fargo Commercial Mortgage Trust 2015-C30 transaction, Commission FileNumber 333-195164-11 (the “WFCMT 2015-C30 Transaction”).This loan combination, including the Somerset Park Apartments Mortgage Loan, isbeing serviced and administered pursuant to the pooling and servicing agreementfor the WFCMT 2015-C30 Transaction, which is incorporated by reference asExhibit 4.2 to this Annual Report on Form 10-K.  Wells Fargo Bank,National Association is the master servicer under the pooling and servicing agreementfor the WFCMT 2015-C30 Transaction.  The responsibilities of Wells FargoBank, National Association, as primary servicer of this loan combination withrespect to the issuing entity, are subsumed within its responsibilities asmaster servicer under the pooling and servicing agreement for the WFCMT2015-C30 Transaction.  Thus, the servicer compliance statement provided byWells Fargo Bank, National Association, as master servicer under such poolingand servicing agreement, encompasses its roles as both master servicer andprimary servicer with respect to this loan combination.

WellsFargo Bank, National Association is the master servicer and certificateadministrator of the mortgage loans serviced under the Pooling and ServicingAgreement and primary servicer and certificate administrator of the SomersetPark Apartments Mortgage Loan. As a result, Wells Fargo Bank, NationalAssociation is a “servicer” as defined in Item 1108(a)(2)(iii) ofRegulation AB, in the capacities described above, because it is servicingmortgage loans that constituted 10% or more of the assets of the issuing entityas of its cut-off date. The assessments of compliance with applicable servicingcriteria, accountants’ attestation reports and servicer compliancestatements delivered by Wells Fargo Bank, National Association in thecapacities described above are listed in the Exhibit Index.

 NationalCooperative Bank, N.A. is a sponsor.  Therefore, the Depositor included inthis Annual Report on Form 10-K a servicer compliance statement for NationalCooperative Bank, N.A. pursuant to Item 1123.  Because NationalCooperative Bank, N.A.  is servicing less than 5% of the pool assets, anassessment of compliance with applicable servicing criteria and anaccountant’s attestation report pursuant to Item 1122 of Regulation ABare not required by Regulation AB.  As the attestation made in theservicer compliance statement required by Item 1123 relates to a review of theservicing activities of National Cooperative Bank, N.A.  under the applicableservicing agreement, and that review was conducted in conjunction with theservicer’s preparation of its assessment of compliance with applicableservicing criteria, that assessment of compliance with applicable servicingcriteria and the accompanying accountant’s attestation report areincluded in this Annual Report on Form 10-K for the sake of completeness.

WilmingtonTrust, National Association acts as trustee of the mortgage loans servicedunder the Pooling and Servicing Agreement and the Somerset Park ApartmentsMortgage Loan.  Pursuant to the Pooling and Servicing Agreement and thepooling and servicing agreement for the WFCMT 2015-C30 Transaction, the trusteeis required to provide an assessment of compliance with applicable servicingcriteria solely with respect to Item 1122(d)(2)(iii) of Regulation AB(regarding advances of funds or guarantees regarding collections, cash flows ordistributions, and any interest or other fees charged for such advances, aremade, reviewed and approved as specified in the transaction agreements).However, during the reporting period, the trustee did not perform any servicingfunction with respect to the servicing criteria specified in Item1122(d)(2)(iii) of Regulation AB.  The master servicer or the specialservicer, to the extent required, performed the servicing function identifiedwith respect to Item 1122(d)(2)(iii) of Regulation AB, and each such partyincluded Item 1122(d)(2)(iii) of Regulation AB in the assessment of compliancewith applicable servicing criteria and accountant’s attestation reportfor the subject transaction.  As a result, this Annual Report on Form 10-Kdoes not include an assessment of compliance with applicable servicing criteriaof the trustee. One or more other servicers of the mortgage loans servicedunder the Pooling and Servicing Agreement and the Somerset Park ApartmentsMortgage Loan have delivered one or more assessments of compliance with respectto Item 1122(d)(2)(iii) of Regulation AB.

ThisAnnual Report on Form 10-K includes assessments of compliance with applicableservicing criteria and accountants’ attestation reports from CoreLogicCommercial Real Estate Services, Inc. and National Tax Search, LLC.  Theseentities were engaged by the master servicer of the Pooling and ServicingAgreement (except with respect to those mortgage loans for which NationalCooperative bank, N.A. is the master servicer) and the primary servicer of theSomerset Park Apartments Mortgage Loan to remit tax payments received from theescrow accounts of borrowers to local taxing authorities, to report tax amountsdue, to verify tax parcel information, and to verify non-escrow tax payments.These servicing functions are included within the servicing criteria set forthin Items 1122(d)(4)(xi) and 1122(d)(4)(xii) of Regulation AB.  Therefore,under the principles-based definition of “servicer” set forth inItem 1101(j) of Regulation AB that looks to the functions that an entityperforms, these vendors are “servicers” for the purposes of Item1122 of Regulation AB.  *See* Compliance and DisclosureInterpretations, Section 301.01 (Item 1101(j)).

Withrespect to the *pari passu* loan combinations that includes the SomersetPark Apartments Mortgage Loan, the servicer compliance statement of CWCapitalAsset Management LLC  as special servicer of the Somerset Park ApartmentsMortgage Loan, listed on the Exhibit Index is omitted from this Annual Reporton Form 10-K as it is not required by Item 1123 of Regulation AB to be includedon this Annual Report on Form 10-K because it is an unaffiliated party that isnot a “servicer” that meets the criteria in Item 1108(a)(2)(i)through (iii) of Regulation AB. 

**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 Analysisof Financial Condition and Results of Operations.**

Omitted.

**Item 7A.  Quantitative and Qualitative DisclosuresAbout Market Risk.**

Omitted.

**Item 8.  Financial Statements and Supplementary Data.**

Omitted.

**Item 9.  Changes in and Disagreements WithAccountants 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 CorporateGovernance.**

Omitted.

**Item 11.  Executive Compensation.**

Omitted.

**Item 12.  Security Ownership of Certain BeneficialOwners and Management and Related Stockholder Matters.**

Omitted.

**Item 13.  Certain Relationships and RelatedTransactions, 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 ObligorFinancial Information.**

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

**Item 1114(b)(2) of Regulation AB, Significant EnhancementProvider Financial Information.**

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

**Item 1115(b) of Regulation AB, Certain DerivativesInstruments (Financial Information).**

No entity or group of affiliated entities provides anyderivative instruments or other support for the certificates within thistransaction as described under Item 1115 of Regulation AB.

**Item 1117 of Regulation AB, Legal Proceedings.**

The registrant knows of nomaterial pending legal proceeding involving the trust or any party related tothe trust, other than routine litigation incidental to the duties of thoserespective parties, and the following, with respect to Wells Fargo Bank,National Association, as certificate administrator and custodian and CWCapitalAsset Management LLC as special servicer:

On June 18, 2014, a groupof institutional investors filed a civil complaint in the Supreme Court of theState of New York, New York County, against Wells Fargo Bank, N.A.(“Wells Fargo Bank”), in its capacity as trustee under 276residential mortgage backed securities (“RMBS”) trusts, which waslater amended on July 18, 2014, to increase the number of trusts to 284 RMBStrusts. On November 24, 2014, the plaintiffs filed a motion to voluntarilydismiss the state court action without prejudice. That same day, a group ofinstitutional investors filed a putative class action complaint in the UnitedStates District Court for the Southern District of New York (the “DistrictCourt”) against Wells Fargo Bank, alleging claims against the bank in itscapacity as trustee for 274 RMBS trusts (the “Federal CourtComplaint”). In December 2014, the plaintiffs’ motion tovoluntarily dismiss their original state court action was granted. As with theprior state court action, the Federal Court Complaint is one of six similarcomplaints filed contemporaneously against RMBS trustees (Deutsche Bank,Citibank, HSBC, Bank of New York Mellon and US Bank) by a group ofinstitutional investor plaintiffs. The Federal Court Complaint against WellsFargo Bank alleges that the trustee caused losses to investors and assertscauses of action based upon, among other things, the trustee's alleged failureto: (i) notify and enforce repurchase obligations of mortgage loan sellers forpurported breaches of representations and warranties, (ii) notify investors ofalleged events of default, and (iii) abide by appropriate standards of carefollowing alleged events of default. Relief sought includes money damages in anunspecified amount, reimbursement of expenses, and equitable relief. Othercases alleging similar causes of action have been filed against Wells FargoBank and other trustees in the District Court by RMBS investors in these andother transactions, and these cases against Wells Fargo Bank are proceedingbefore the same District Court judge. A similar complaint was also filed May27, 2016 in New York state court by a different plaintiff investor. On January19, 2016, an order was entered in connection with the Federal Court Complaintin which the District Court declined to exercise jurisdiction over 261 trustsat issue in the Federal Court Complaint; the District Court also allowedplaintiffs to file amended complaints as to the remaining, non-dismissedtrusts, if they so chose, and three amended complaints have been filed. OnDecember 17, 2016, the investor plaintiffs in the 261 trusts dismissed from theFederal Court Complaint filed a new complaint in New York state court (the“State Court Complaint”). Motions to dismiss all of the actions arepending except for the recently filed State Court Complaint. There can be noassurances as to the outcome of the litigations, or the possible impact of thelitigations on the trustee or the RMBS trusts. However, Wells Fargo Bank deniesliability and believes that it has performed its obligations under the RMBStrusts in good faith, that its actions were not the cause of any losses toinvestors, and that it has meritorious defenses, and it intends to contest theplaintiffs’ claims vigorously.

On January 24, 2016 PSWNYC LLC commenced a complaint (the “PSW Complaint”)with the SupremeCourt of the State of New York, County of New York (the “PSWCourt”) against Bank of America, N.A. as trustee under the pooling and servicingagreements for Wachovia Bank Commercial Mortgage Trust 2007-C30 and COBALT CMBSCommercial Trust 2007-C2, U.S. Bank National Association as Trustee under thepooling and servicing agreements for Wachovia Bank Commercial Mortgage Trust20007-C31, ML-CFC Commercial Mortgage Trust 2007-5 and ML-CFC CommercialMortgage Trust 2007-6 (collectively, the “Trusts”), PCV-M HoldingsLLC and CWCapital Asset Management LLC, individually and as special servicerfor the Trusts (collectively, the “Defendants”) seeking either (a)damages in an amount to be determined by the PSW Court but alleged by theplaintiffs to be approximately $500,000,000 – such amount being theamount PSW NYC LLC alleges would have been recovered on certain mezzanine loans(the “Mezzanine Loans”) related to the Peter Cooper Village andStuyvesant Town property (the “PCVST Property”) in New York Citywhich PSW NYC LLC sold to an entity related to the Defendants pursuant to asettlement agreement related to certain prior litigation (the “SettlementAgreement”) or (b) the rescission of the Settlement Agreement which wouldresult in, among other things, the rescission of the sale of the MezzanineLoans and a claim for certain proceeds from the sale of the PCVST Property. PSWNYC LLC alleges that the Defendants procured the Settlement Agreement by fraudand further that the terms of the Settlement Agreement were breached by theDefendants. On February 26, 2016, CWCAM on behalf of itself and the otherDefendants filled a motion to dismiss the complaint (the “CWCAM Motion toDismiss”). Oral argument has been set by the PSW Court on the CWCAMMotion to Dismiss for August 23, 2016. There can be no assurances as to theoutcome of this CWCAM Motion to Dismiss or the PSW Complaint or the possibleimpact on CWCAM. However, CWCAM believes that it was not guilty of any fraud inthe procurement of the Settlement Agreement, that it performed its obligationsunder applicable pooling and servicing agreements in good faith and disputesPSW NYC LLC allegations. CWCAM intends to vigorously contest such allegations.

**Item 1119 of Regulation AB, Affiliations and CertainRelationships and Related Transactions.**

The information regarding this Item has been previouslyprovided in a prospectus supplement of the Registrant relating to the issuingentity filed on September 29, 2015 pursuant to Rule 424(b)(5).

**Item 1122 of Regulation AB, Compliance with ApplicableServicing Criteria.**

The reports on assessments of compliance with the servicingcriteria for asset-backed securities and related attestation reports on suchassessments of compliance with respect to the mortgage loans are attachedhereto under Item 15 to this Annual Report on Form 10-K. Attached as ScheduleIII to the Pooling and Servicing Agreement incorporated by reference as Exhibit4.1 to this Annual Report on Form 10-K is a chart identifying the entitiesparticipating in a servicing function for the transaction responsible for eachapplicable servicing criteria set forth in Item 1122(d).

The reports on assessments of compliance with the servicingcriteria for asset-backed securities and related attestation reports on suchassessments of compliance with respect to the Somerset Park Apartments MortgageLoan, which is being serviced and administered pursuant to the pooling andservicing agreement for the WFCMT 2015-C30 Transaction, are attached heretounder Item 15 to this Annual Report on Form 10-K. Attached as Schedule III tothe pooling and servicing agreement for the WFCMT 2015-C30 Transactionincorporated by reference as Exhibit 4.2 to this Annual Report on Form 10-K isa chart identifying the entities participating in a servicing function for theWFCMT 2015-C30 Transaction responsible for each applicable servicing criteriaset forth in Item 1122(d).

**Item 1123 of Regulation AB, Servicer Compliance Statement.**

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

**PART IV**

**Item 15. Exhibits, Financial Statement Schedules**

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

(1) Not applicable

(2) Not applicable

(3) See below

 

4.1 Pooling and ServicingAgreement, dated as of September 1, 2015, by and among Wells Fargo CommercialMortgage Securities, Inc., as Depositor, Wells Fargo Bank, National Association,as General Master Servicer, Rialto Capital Advisors, LLC, as General SpecialServicer, National Cooperative Bank, N.A., as NCB Master Servicer, NationalCooperative Bank, N.A., as NCB Special Servicer, Park Bridge Lender ServicesLLC, as Trust Advisor, Wells Fargo Bank, National Association, as CertificateAdministrator, as Tax Administrator and as Custodian, and Wilmington Trust,National Association, as Trustee (filed as Exhibit 4.1 to theregistrant’s Current Report on Form 8-K filed on September 29, 2015 underCommission File No. 333-195164-13 and incorporated by reference herein).

 

4.2 Pooling and ServicingAgreement, dated as of August 1, 2015, by and among Wells Fargo CommercialMortgage Securities, Inc., as Depositor, Wells Fargo Bank, NationalAssociation, as General Master Servicer, CWCapital Asset Management LLC, asGeneral Special Servicer, National Cooperative Bank, N.A., as NCB MasterServicer, National Cooperative Bank, N.A., as NCB Special Servicer, PentalphaSurveillance LLC, as Trust Advisor, Wells Fargo Bank, National Association, asCertificate Administrator, as Tax Administrator and as Custodian, andWilmington Trust, National Association, as Trustee (filed as Exhibit 4.2 to theregistrant’s Current Report on Form 8-K filed on September 29, 2015 underCommission File No. 333-195164-13 and incorporated by reference herein).

 

4.3  Amended and RestatedCo-Lender Agreement, dated as of September 29, 2015, between Ladder CapitalFinance I LLC (and affiliated entities), as Initial Note A-1-A Holder, LadderCapital Finance I LLC (and affiliated entities), as Initial Note A-1-B Holder,Ladder Capital Finance I LLC (and affiliated entities), as Initial Note A-2Holder, and Wilmington Trust, National Association, as Trustee, for the Benefitof the Holders of COMM 2015-CCRE24 Mortgage Trust Commercial MortgagePass-Through Certificates, as Note A-3 Holder (filed as Exhibit 4.3 to theregistrant’s Current Report on Form 8-K filed on September 29, 2015 underCommission File No. 333-195164-13 and incorporated by reference herein).

 

 4.4  Co-LenderAgreement, dated as of July 24, 2015, by and between Rialto Mortgage Finance,LLC, as Initial Note A-1-1 Holder, Rialto Mortgage Finance, LLC, as Initial NoteA-1-2 Holder, Rialto Mortgage Finance, LLC, as Initial Note A-1-3 Holder,Rialto Mortgage Finance, LLC, as Initial Note A-2-1 Holder, Rialto MortgageFinance, LLC, as Initial Note A-2-2 Holder, and Rialto Mortgage Finance, LLC,as Initial Note A-2-3 Holder (filed as Exhibit 4.4 to the registrant’sCurrent Report on Form 8-K filed on September 29, 2015 under Commission FileNo. 333-195164-13 and incorporated by reference herein).

 

31 Rule 13a-14(d)/15d-14(d)Certifications.

 

33Reports on assessment of compliance with servicing criteria for asset-backedsecurities.

| 33.1 Wells Fargo Bank,   National Association, as Master Servicer                                                                                           |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 33.2 National Cooperative  Bank, N.A., as NCB Master Servicer                                                                                               |
| 33.3 Rialto Capital  Advisors, LLC, as Special Servicer                                                                                                     |
| 33.4 National Cooperative  Bank, N.A., as NCB Special Servicer (see Exhibit 33.2)                                                                           |
| 33.5 Wilmington Trust,  National Association, as Trustee (Omitted. See Explanatory Notes.)                                                                  |
| 33.6 Wells Fargo Bank,  National Association, as Certificate Administrator                                                                                  |
| 33.7 Wells Fargo Bank,  National Association, as Custodian                                                                                                  |
| 33.8 Park Bridge Lender  Services LLC, as Trust Advisor                                                                                                     |
| 33.9 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant                                                                    |
| 33.10 National Tax Search, LLC,  as Servicing Function Participant                                                                                          |
| 33.11 Wells Fargo Bank,  National Association, as Primary Servicer of the 40 Wall Street Mortgage Loan  (see Exhibit 33.1)                                  |
| 33.12 Rialto Capital  Advisors, LLC, as Special Servicer of the 40 Wall Street Mortgage Loan (see  Exhibit 33.3)                                            |
| 33.13 Wilmington Trust,  National Association, as Trustee of the 40 Wall Street Mortgage Loan  (Omitted. See Explanatory Notes.)                            |
| 33.14 Wells Fargo Bank,  National Association, as Certificate Administrator of the 40 Wall Street  Mortgage Loan (see Exhibit 33.6)                         |
| 33.15 Wells Fargo Bank,  National Association, as Custodian of the 40 Wall Street Mortgage Loan (see  Exhibit 33.7)                                         |
| 33.16 Park Bridge Lender  Services LLC, as Trust Advisor of the 40 Wall Street Mortgage Loan (see Exhibit  33.8)                                            |
| 33.17 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant of the 40 Wall  Street Mortgage Loan (see Exhibit 33.9)           |
| 33.18 National Tax Search, LLC,  as Servicing Function Participant of the 40 Wall Street Mortgage Loan (see  Exhibit 33.10)                                 |
| 33.19 Wells Fargo Bank,  National Association, as Primary Servicer of the Somerset Park Apartments  Mortgage Loan (see Exhibit 33.1)                        |
| 33.20 CWCapital Asset Management  LLC, as Special Servicer of the Somerset Park Apartments Mortgage Loan                                                    |
| 33.21 Wilmington Trust,  National Association, as Trustee of the Somerset Park Apartments Mortgage  Loan (Omitted. See Explanatory Notes.)                  |
| 33.22 Wells Fargo Bank,  National Association, as Certificate Administrator of the Somerset Park  Apartments Mortgage Loan (see Exhibit 33.6)               |
| 33.23 Wells Fargo Bank,  National Association, as Custodian of the Somerset Park Apartments Mortgage  Loan (see Exhibit 33.7)                               |
| 33.24 Pentalpha Surveillance  LLC, as Trust Advisor of the Somerset Park Apartments Mortgage Loan                                                           |
| 33.25 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant of the Somerset  Park Apartments Mortgage Loan (see Exhibit 33.9) |
| 33.26 National Tax Search,  LLC, as Servicing Function Participant of the Somerset Park Apartments  Mortgage Loan (see Exhibit 33.10)                       |

 

34Attestation reports on assessment of compliance with servicing criteria forasset-backed securities.

| 34.1 Wells Fargo Bank,   National Association, as Master Servicer                                                                                           |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 34.2 National Cooperative  Bank, N.A., as NCB Master Servicer                                                                                               |
| 34.3 Rialto Capital  Advisors, LLC, as Special Servicer                                                                                                     |
| 34.4 National Cooperative  Bank, N.A., as NCB Special Servicer (see Exhibit 34.2)                                                                           |
| 34.5 Wilmington Trust,  National Association, as Trustee (Omitted. See Explanatory Notes.)                                                                  |
| 34.6 Wells Fargo Bank,  National Association, as Certificate Administrator                                                                                  |
| 34.7 Wells Fargo Bank,  National Association, as Custodian                                                                                                  |
| 34.8 Park Bridge Lender  Services LLC, as Trust Advisor                                                                                                     |
| 34.9 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant                                                                    |
| 34.10 National Tax Search,  LLC, as Servicing Function Participant                                                                                          |
| 34.11 Wells Fargo Bank, National  Association, as Primary Servicer of the 40 Wall Street Mortgage Loan (see  Exhibit 34.1)                                  |
| 34.12 Rialto Capital  Advisors, LLC, as Special Servicer of the 40 Wall Street Mortgage Loan (see  Exhibit 34.3)                                            |
| 34.13 Wilmington Trust,  National Association, as Trustee of the 40 Wall Street Mortgage Loan  (Omitted. See Explanatory Notes.)                            |
| 34.14 Wells Fargo Bank,  National Association, as Certificate Administrator of the 40 Wall Street  Mortgage Loan (see Exhibit 34.6)                         |
| 34.15 Wells Fargo Bank, National  Association, as Custodian of the 40 Wall Street Mortgage Loan (see Exhibit  34.7)                                         |
| 34.16 Park Bridge Lender  Services LLC, as Trust Advisor of the 40 Wall Street Mortgage Loan (see  Exhibit 34.8)                                            |
| 34.17 CoreLogic Commercial Real  Estate Services, Inc., as Servicing Function Participant of the 40 Wall  Street Mortgage Loan (see Exhibit 34.9)           |
| 34.18 National Tax Search,  LLC, as Servicing Function Participant of the 40 Wall Street Mortgage Loan  (see Exhibit 34.10)                                 |
| 34.19 Wells Fargo Bank,  National Association, as Primary Servicer of the Somerset Park Apartments  Mortgage Loan (see Exhibit 34.1)                        |
| 34.20 CWCapital Asset  Management LLC, as Special Servicer of the Somerset Park Apartments Mortgage  Loan                                                   |
| 34.21 Wilmington Trust,  National Association, as Trustee of the Somerset Park Apartments Mortgage  Loan (Omitted. See Explanatory Notes.)                  |
| 34.22 Wells Fargo Bank,  National Association, as Certificate Administrator of the Somerset Park  Apartments Mortgage Loan (see Exhibit 34.6)               |
| 34.23 Wells Fargo Bank,  National Association, as Custodian of the Somerset Park Apartments Mortgage  Loan (see Exhibit 34.7)                               |
| 34.24 Pentalpha Surveillance  LLC, as Trust Advisor of the Somerset Park Apartments Mortgage Loan                                                           |
| 34.25 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant of the Somerset  Park Apartments Mortgage Loan (see Exhibit 34.9) |
| 34.26 National Tax Search, LLC,  as Servicing Function Participant of the Somerset Park Apartments Mortgage  Loan (see Exhibit 34.10)                       |
|                                                                                                                                                        |   |

 

35Servicer compliance statements.

| 35.1 Wells Fargo Bank,   National Association, as Master Servicer                                                                            |
|----------------------------------------------------------------------------------------------------------------------------------------------|
| 35.2 National Cooperative  Bank, N.A., as NCB Master Servicer                                                                                |
| 35.3 Rialto Capital  Advisors, LLC, as Special Servicer                                                                                      |
| 35.4 National Cooperative  Bank, N.A., as NCB Special Servicer                                                                               |
| 35.5 Wells Fargo Bank, National  Association, as Certificate Administrator                                                                   |
| 35.6 Wells Fargo Bank,  National Association, as Primary Servicer of the 40 Wall Street Mortgage Loan  (see Exhibit 35.1)                    |
| 35.7 Rialto Capital  Advisors, LLC, as Special Servicer of the 40 Wall Street Mortgage Loan (see  Exhibit 35.3)                              |
| 35.8 Wells Fargo Bank,  National Association, as Certificate Administrator of the 40 Wall Street  Mortgage Loan (see Exhibit 35.5)           |
| 35.9 Wells Fargo Bank, National  Association, as Primary Servicer of the Somerset Park Apartments Mortgage  Loan                             |
| 35.10 CWCapital Asset  Management LLC , as Special Servicer of the Somerset Park Apartments Mortgage  Loan (Omitted. See Explanatory Notes.) |
| 35.11 Wells Fargo Bank,  National Association, as Certificate Administrator of the Somerset Park  Apartments Mortgage Loan                   |
|                                                                                                                                         |   |

                

99.1Mortgage Loan Purchase Agreement, dated as of September 15, 2015, between WellsFargo Commercial Mortgage Securities, Inc. and Wells Fargo Bank, NationalAssociation (filed as Exhibit 99.3 to the registrant’s Current Report onForm 8-K filed on September 29, 2015 under Commission File No. 333-195164-13and incorporated by reference herein)

 

99.2Mortgage Loan Purchase Agreement, dated as of September 15, 2015, among WellsFargo Commercial Mortgage Securities, Inc., Ladder Capital Finance LLC, LadderCapital Finance Holdings LLLP, Series REIT of Ladder Capital Finance HoldingsLLLP, and Series TRS of Ladder Capital Finance Holdings LLLP (filed as Exhibit99.1 to the registrant’s Current Report on Form 8-K filed on September29, 2015 under Commission File No. 333-195164-13 and incorporated by referenceherein)

 

99.3Mortgage Loan Purchase Agreement, dated as of September 15, 2015, between WellsFargo Commercial Mortgage Securities, Inc. and Rialto Mortgage Finance, LLC(filed as Exhibit 99.2 to the registrant’s Current Report on Form 8-Kfiled on September 29, 2015 under Commission File No. 333-195164-13 andincorporated by reference herein)

 

99.4Mortgage Loan Purchase Agreement, dated as of September 15, 2015, between WellsFargo Commercial Mortgage Securities, Inc. and National Cooperative Bank, N.A.(filed as Exhibit 99.4 to the registrant’s Current Report on Form 8-Kfiled on September 29, 2015 under Commission File No. 333-195164-13 andincorporated by reference herein) 

 

(b)The exhibits required to be filed by the Registrant pursuant to Item 601 ofRegulation S-K are listed above and in the Exhibit Index that immediatelyfollows the signature page hereof.

 

(c)Not Applicable.

 

**SIGNATURES**

 

Pursuantto 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 theundersigned, thereunto duly authorized.

 

WellsFargo Commercial Mortgage Securities, Inc.

(Depositor)

 

/s/Anthony Sfarra

AnthonySfarra, President 

(seniorofficer in charge of securitization of the depositor)

 

Date:March 27, 2017

 

 

Exhibit Index

 

Exhibit No.

 

4.1 Pooling and ServicingAgreement, dated as of September 1, 2015, by and among Wells Fargo CommercialMortgage Securities, Inc., as Depositor, Wells Fargo Bank, National Association,as General Master Servicer, Rialto Capital Advisors, LLC, as General SpecialServicer, National Cooperative Bank, N.A., as NCB Master Servicer, NationalCooperative Bank, N.A., as NCB Special Servicer, Park Bridge Lender ServicesLLC, as Trust Advisor, Wells Fargo Bank, National Association, as CertificateAdministrator, as Tax Administrator and as Custodian, and Wilmington Trust,National Association, as Trustee (filed as Exhibit 4.1 to theregistrant’s Current Report on Form 8-K filed on September 29, 2015 underCommission File No. 333-195164-13 and incorporated by reference herein).

 

4.2 Pooling and ServicingAgreement, dated as of August 1, 2015, by and among Wells Fargo CommercialMortgage Securities, Inc., as Depositor, Wells Fargo Bank, NationalAssociation, as General Master Servicer, CWCapital Asset Management LLC, asGeneral Special Servicer, National Cooperative Bank, N.A., as NCB MasterServicer, National Cooperative Bank, N.A., as NCB Special Servicer, PentalphaSurveillance LLC, as Trust Advisor, Wells Fargo Bank, National Association, asCertificate Administrator, as Tax Administrator and as Custodian, andWilmington Trust, National Association, as Trustee (filed as Exhibit 4.2 to theregistrant’s Current Report on Form 8-K filed on September 29, 2015 underCommission File No. 333-195164-13 and incorporated by reference herein).

 

4.3  Amended and RestatedCo-Lender Agreement, dated as of September 29, 2015, between Ladder Capital FinanceI LLC (and affiliated entities), as Initial Note A-1-A Holder, Ladder CapitalFinance I LLC (and affiliated entities), as Initial Note A-1-B Holder, LadderCapital Finance I LLC (and affiliated entities), as Initial Note A-2 Holder,and Wilmington Trust, National Association, as Trustee, for the Benefit of theHolders of COMM 2015-CCRE24 Mortgage Trust Commercial Mortgage Pass-ThroughCertificates, as Note A-3 Holder (filed as Exhibit 4.3 to theregistrant’s Current Report on Form 8-K filed on September 29, 2015 underCommission File No. 333-195164-13 and incorporated by reference herein).

 

 4.4  Co-LenderAgreement, dated as of July 24, 2015, by and between Rialto Mortgage Finance,LLC, as Initial Note A-1-1 Holder, Rialto Mortgage Finance, LLC, as InitialNote A-1-2 Holder, Rialto Mortgage Finance, LLC, as Initial Note A-1-3 Holder,Rialto Mortgage Finance, LLC, as Initial Note A-2-1 Holder, Rialto MortgageFinance, LLC, as Initial Note A-2-2 Holder, and Rialto Mortgage Finance, LLC,as Initial Note A-2-3 Holder (filed as Exhibit 4.4 to the registrant’sCurrent Report on Form 8-K filed on September 29, 2015 under Commission FileNo. 333-195164-13 and incorporated by reference herein).

 

31Rule 13a-14(d)/15d-14(d) Certifications.

 

33Reports on assessment of compliance with servicing criteria for asset-backedsecurities.

| 33.1 Wells Fargo Bank,   National Association, as Master Servicer                                                                                           |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 33.2 National Cooperative  Bank, N.A., as NCB Master Servicer                                                                                               |
| 33.3 Rialto Capital  Advisors, LLC, as Special Servicer                                                                                                     |
| 33.4 National Cooperative  Bank, N.A., as NCB Special Servicer (see Exhibit 33.2)                                                                           |
| 33.5 Wilmington Trust,  National Association, as Trustee (Omitted. See Explanatory Notes.)                                                                  |
| 33.6 Wells Fargo Bank, National  Association, as Certificate Administrator                                                                                  |
| 33.7 Wells Fargo Bank,  National Association, as Custodian                                                                                                  |
| 33.8 Park Bridge Lender  Services LLC, as Trust Advisor                                                                                                     |
| 33.9 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant                                                                    |
| 33.10 National Tax Search,  LLC, as Servicing Function Participant                                                                                          |
| 33.11 Wells Fargo Bank,  National Association, as Primary Servicer of the 40 Wall Street Mortgage Loan  (see Exhibit 33.1)                                  |
| 33.12 Rialto Capital Advisors,  LLC, as Special Servicer of the 40 Wall Street Mortgage Loan (see Exhibit  33.3)                                            |
| 33.13 Wilmington Trust,  National Association, as Trustee of the 40 Wall Street Mortgage Loan  (Omitted. See Explanatory Notes.)                            |
| 33.14 Wells Fargo Bank,  National Association, as Certificate Administrator of the 40 Wall Street  Mortgage Loan (see Exhibit 33.6)                         |
| 33.15 Wells Fargo Bank,  National Association, as Custodian of the 40 Wall Street Mortgage Loan (see  Exhibit 33.7)                                         |
| 33.16 Park Bridge Lender  Services LLC, as Trust Advisor of the 40 Wall Street Mortgage Loan (see  Exhibit 33.8)                                            |
| 33.17 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant of the 40 Wall  Street Mortgage Loan (see Exhibit 33.9)           |
| 33.18 National Tax Search, LLC,  as Servicing Function Participant of the 40 Wall Street Mortgage Loan (see  Exhibit 33.10)                                 |
| 33.19 Wells Fargo Bank,  National Association, as Primary Servicer of the Somerset Park Apartments  Mortgage Loan (see Exhibit 33.1)                        |
| 33.20 CWCapital Asset Management  LLC, as Special Servicer of the Somerset Park Apartments Mortgage Loan                                                    |
| 33.21 Wilmington Trust,  National Association, as Trustee of the Somerset Park Apartments Mortgage  Loan (Omitted. See Explanatory Notes.)                  |
| 33.22 Wells Fargo Bank, National  Association, as Certificate Administrator of the Somerset Park Apartments  Mortgage Loan (see Exhibit 33.6)               |
| 33.23 Wells Fargo Bank,  National Association, as Custodian of the Somerset Park Apartments Mortgage  Loan (see Exhibit 33.7)                               |
| 33.24 Pentalpha Surveillance  LLC, as Trust Advisor of the Somerset Park Apartments Mortgage Loan                                                           |
| 33.25 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant of the Somerset  Park Apartments Mortgage Loan (see Exhibit 33.9) |
| 33.26 National Tax Search,  LLC, as Servicing Function Participant of the Somerset Park Apartments  Mortgage Loan (see Exhibit 33.10)                       |

 

34Attestation reports on assessment of compliance with servicing criteria forasset-backed securities.

| 34.1 Wells Fargo Bank,   National Association, as Master Servicer                                                                                           |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 34.2 National Cooperative  Bank, N.A., as NCB Master Servicer                                                                                               |
| 34.3 Rialto Capital  Advisors, LLC, as Special Servicer                                                                                                     |
| 34.4 National Cooperative Bank,  N.A., as NCB Special Servicer (see Exhibit 34.2)                                                                           |
| 34.5 Wilmington Trust,  National Association, as Trustee (Omitted. See Explanatory Notes.)                                                                  |
| 34.6 Wells Fargo Bank,  National Association, as Certificate Administrator                                                                                  |
| 34.7 Wells Fargo Bank, National  Association, as Custodian                                                                                                  |
| 34.8 Park Bridge Lender  Services LLC, as Trust Advisor                                                                                                     |
| 34.9 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant                                                                    |
| 34.10 National Tax Search,  LLC, as Servicing Function Participant                                                                                          |
| 34.11 Wells Fargo Bank,  National Association, as Primary Servicer of the 40 Wall Street Mortgage Loan  (see Exhibit 34.1)                                  |
| 34.12 Rialto Capital  Advisors, LLC, as Special Servicer of the 40 Wall Street Mortgage Loan (see  Exhibit 34.3)                                            |
| 34.13 Wilmington Trust,  National Association, as Trustee of the 40 Wall Street Mortgage Loan  (Omitted. See Explanatory Notes.)                            |
| 34.14 Wells Fargo Bank,  National Association, as Certificate Administrator of the 40 Wall Street  Mortgage Loan (see Exhibit 34.6)                         |
| 34.15 Wells Fargo Bank,  National Association, as Custodian of the 40 Wall Street Mortgage Loan (see  Exhibit 34.7)                                         |
| 34.16 Park Bridge Lender  Services LLC, as Trust Advisor of the 40 Wall Street Mortgage Loan (see  Exhibit 34.8)                                            |
| 34.17 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant of the 40 Wall  Street Mortgage Loan (see Exhibit 34.9)           |
| 34.18 National Tax Search,  LLC, as Servicing Function Participant of the 40 Wall Street Mortgage Loan  (see Exhibit 34.10)                                 |
| 34.19 Wells Fargo Bank,  National Association, as Primary Servicer of the Somerset Park Apartments  Mortgage Loan (see Exhibit 34.1)                        |
| 34.20 CWCapital Asset  Management LLC, as Special Servicer of the Somerset Park Apartments Mortgage  Loan                                                   |
| 34.21 Wilmington Trust,  National Association, as Trustee of the Somerset Park Apartments Mortgage  Loan (Omitted. See Explanatory Notes.)                  |
| 34.22 Wells Fargo Bank,  National Association, as Certificate Administrator of the Somerset Park  Apartments Mortgage Loan (see Exhibit 34.6)               |
| 34.23 Wells Fargo Bank,  National Association, as Custodian of the Somerset Park Apartments Mortgage  Loan (see Exhibit 34.7)                               |
| 34.24 Pentalpha Surveillance  LLC, as Trust Advisor of the Somerset Park Apartments Mortgage Loan                                                           |
| 34.25 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant of the Somerset  Park Apartments Mortgage Loan (see Exhibit 34.9) |
| 34.26 National Tax Search,  LLC, as Servicing Function Participant of the Somerset Park Apartments Mortgage  Loan (see Exhibit 34.10)                       |
|                                                                                                                                                        |   |

 

35Servicer compliance statements.

| 35.1 Wells Fargo Bank,   National Association, as Master Servicer                                                                            |
|----------------------------------------------------------------------------------------------------------------------------------------------|
| 35.2 National Cooperative  Bank, N.A., as NCB Master Servicer                                                                                |
| 35.3 Rialto Capital  Advisors, LLC, as Special Servicer                                                                                      |
| 35.4 National Cooperative  Bank, N.A., as NCB Special Servicer                                                                               |
| 35.5 Wells Fargo Bank,  National Association, as Certificate Administrator                                                                   |
| 35.6 Wells Fargo Bank,  National Association, as Primary Servicer of the 40 Wall Street Mortgage Loan  (see Exhibit 35.1)                    |
| 35.7 Rialto Capital  Advisors, LLC, as Special Servicer of the 40 Wall Street Mortgage Loan (see  Exhibit 35.3)                              |
| 35.8 Wells Fargo Bank, National  Association, as Certificate Administrator of the 40 Wall Street Mortgage Loan  (see Exhibit 35.5)           |
| 35.9 Wells Fargo Bank,  National Association, as Primary Servicer of the Somerset Park Apartments  Mortgage Loan                             |
| 35.10 CWCapital Asset  Management LLC , as Special Servicer of the Somerset Park Apartments Mortgage  Loan (Omitted. See Explanatory Notes.) |
| 35.11 Wells Fargo Bank,  National Association, as Certificate Administrator of the Somerset Park  Apartments Mortgage Loan                   |
|                                                                                                                                         |   |

                

99.1Mortgage Loan Purchase Agreement, dated as of September 15, 2015, between WellsFargo Commercial Mortgage Securities, Inc. and Wells Fargo Bank, NationalAssociation (filed as Exhibit 99.3 to the registrant’s Current Report on Form8-K filed on September 29, 2015 under Commission File No. 333-195164-13 andincorporated by reference herein)

 

99.2Mortgage Loan Purchase Agreement, dated as of September 15, 2015, among WellsFargo Commercial Mortgage Securities, Inc., Ladder Capital Finance LLC, LadderCapital Finance Holdings LLLP, Series REIT of Ladder Capital Finance HoldingsLLLP, and Series TRS of Ladder Capital Finance Holdings LLLP (filed as Exhibit99.1 to the registrant’s Current Report on Form 8-K filed on September29, 2015 under Commission File No. 333-195164-13 and incorporated by referenceherein)

 

99.3Mortgage Loan Purchase Agreement, dated as of September 15, 2015, between WellsFargo Commercial Mortgage Securities, Inc. and Rialto Mortgage Finance, LLC(filed as Exhibit 99.2 to the registrant’s Current Report on Form 8-Kfiled on September 29, 2015 under Commission File No. 333-195164-13 andincorporated by reference herein)

 

99.4Mortgage Loan Purchase Agreement, dated as of September 15, 2015, between WellsFargo Commercial Mortgage Securities, Inc. and National Cooperative Bank, N.A.(filed as Exhibit 99.4 to the registrant’s Current Report on Form 8-Kfiled on September 29, 2015 under Commission File No. 333-195164-13 andincorporated by reference herein)