| (logo)      CoreLogic | 1 Corelogic Drive

Westlake, TX 76262

corelogic.com |
|-----------------------|------------------------------------------------------|

 

 

                                                                                               REPORT ON ASSESSMENT OF COMPLIANCE

 

 

CoreLogic Commercial Real Estate Services, Inc. (the"Asserting Party"), an indirect subsidiary of CoreLogic, Inc, is responsible forassessing compliance as of December 31, 2015, and for the period from January l,2015 through December 31, 2015 (the "Reporting Period") with the applicableservicing criteria set forth in Title 17, Sections 229 as identified in AppendixA (the "Applicable Servicing Criteria"). The servicing activities covered bythis report include all loans for commercial mortgage loan outsourcing customersfor which the Asserting Party served as the commercial tax service provider (the"Platform").

 

The Asserting Party has assessed its compliance with theApplicable Servicing Criteria for the Reporting Period and has concluded thatthe Asserting Party has complied, in all material respects, with the ApplicableServicing Criteria as of December 31, 2015, and for the Reporting Period withrespect to the Platform taken as a whole.

 

PricewaterhouseCoopers LLP, an independent registeredpublic accounting firm, has issued an attestation report on the assessment ofcompliance with the Applicable Servicing Criteria as of December 31, 2015, andfor the Reporting Period.

 

 

CORELOGIC COMMERCIAL REAL ESTATE SERVICES, INC.

 

/s/ Vicki Chenault

Vicki Chenault,

Senior Vice President 

February 4, 2016

 

 

                                                                      APPENDIX A

 
| **SERVICING CRITERIA for TITLE 17,      SECTION 229** |
|-------------------------------------------------------|
|  

 

REFERENCE                             |  

 

CRITERIA | Applicable

Servicing      Criteria | Inapplicable

Servicing      Criteria |

GENERALSERVICING CONSIDERATIONS
|  

1122(d)(1)(i)          | Policies      and procedures are instituted to monitor any performance or other triggers      and events of default in accordance with the transactionagreements.                                                                                                                     |              |  

X |
|--------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------|-----------|
|  

1122(d)(1)(ii)         | If      any material servicing activities are outsourced to third parties,      policies and procedures are instituted to monitor the third party's      performance and compliance with such servicing activities.                                                                   |              |  

X |
| 1122(d)(1)(iii)                | Any      requirements in the transaction agreements to maintain a back‐up servicer      for the mortgage loans are maintained.                                                                                                                                                  |              | X         |
|  

 

1122(d)(1)(iv) | A      fidelity bond and errors and omissions policy is in effect on the party      participating in the servicing function throughout the reporting period in      the amount of coverage required by and otherwise in accordance with the      terms of the transaction agreements. |  

 

X |      |
| 1122(d)(1)(v)                  | Aggregation of      information, as applicable, is mathematically accurate and the information      conveyed accurately reflects the information.                                                                                                                                     |              | X         |

 

CASHCOLLECTION AND ADMINISTRATION
|  

 

1122(d)(2)(i)                                           | Payments      on mortgage loans are deposited into the appropriate custodial bank      accounts and related bank clearing accounts no more than two business days      following receipt, or such other number of days specified in the      transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |                                                      |  

 

X |
|-------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------|-------------------|
| 1122(d)(2)(ii)                                                          | Disbursements made via      wire transfer on behalf of an obligor or to an investor are made only by      the authorized personnel.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | X(i)                                                      |              |
|  

 

1122(d)(2)(iii)                                         | 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.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                      |  

 

X |
|  

 

1122(d)(2)(iv)                                          | The      related accounts for the transaction, such as cash reserve accounts or      accounts established as a form of over collateralization, are separately      maintained (e.g., with respect to commingling of cash) as set forth in the      transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                                      |  

 

X |
|  

 

 

 

1122(d)(2)(v)                           | Eash      custodial account is maintained at a federally insured depository      institution as set forth in the transaction agreements. For purposes of      this criterion, "federally insured depository institution" with respect to      a foreign financial institution means a foreign financial institution that      meets the requirements of Rule 13‐k‐1(b)(1) of the Securities Exchange      Act.                                                                                                                                                                                                                                                                                                                            |  

 

 

 

X                         |              |
| 1122(d)(2)(vi)                                                          | Unissued checks are      safeguarded so as to prevent unauthorized access.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | X                                                         |              |
|  

 

 

 

 

 

 

1122(d)(2)(vii) | Reconciliations      are prepared on a monthly basis for all assetbacked securities related      bank accounts, including custodial accounts and related bank clearing      accounts. These reconciliations are (A) mathematically accurate; (B)      prepared within 30 calendar days after the bank statement cutoff date, or      such other number of days specified in the transaction agreements: (C)      reviewed and approved by someone other than the person who prepared the      reconciliation; and (D) contain explanations for reconciling items. These      reconciling items are resolved within 90 calendar days of their original      identification, or such other number of days specified in the transaction      agreements. |  

 

 

 

 

 

 

X |              |

 
| SERVICING      CRITERIA for TITLE 17, SECTION 229 |
|---------------------------------------------------|
|  

 

REFERENCE                         |  

 

CRITERIA | Applicable

Servicing      Criteria | Inapplicable

Servicing      Criteria |

INVESTOR REMITTANCESAND REPORTING
|  

 

 

 

 

 

1122(d)(3)(i) | Reports      to investors, including those to be filed with the Commission, are      maintained in accordance with the transaction agreements and applicable      Commission requirements. Specifically, such reports (A) are prepared in      accordance with timeframes and other terms set forth in the transaction      agreements; (B) provide information calculated in accordance with terms      specified in the transaction agreements; (C) are filed with the Commission      as required by its rules and regulations; and (D) agree with investors' or      the trustee's records as to the total unpaid principal balance and number      of mortgage loans serviced by the Servicer. |   |  

 

 

 

 

 

X |
|---------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------|
|  

1122(d)(3)(ii)                                        | Amounts      due to investors are allocated and remitted in accordance with timeframes,      distribution priority and other terms set forth in the transaction      agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |  

X                                         |
|  

1122(d)(3)(iii)                                       | Disbursements made to an      investor are posted within two business days to the

Servicer's      investor records, or such other number of days specfied in the transaction      agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |  

X                                         |
|  

1122(d)(3)(iv)                                        | Amounts      remitted to investors per the investor reports agree with cancelled      checks, or other form of payment, or custodial bank statements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |  

X                                         |

POOLASSET ADMINISTRATION
| 1122(d)(4)(i)                                                    | Collateral or security on      mortgage loans is maintained as required by the transaction agreements or      related mortgage loan documents.                                                                                                                                                                                                                                                                                                                                                                                                          |   | X                                                 |
|------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------|
| 1122(d)(4)(ii)                                                   | Mortgage loan and related      documents are safeguarded as required by the transactionagreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | X                                                 |
|  

1122(d)(4)(iii)                                          | Any      additions, removals or substitutions to the asset pool are made, reviewed      and approved in the accordance with any conditions or requirements in the      transaction agreements.                                                                                                                                                                                                                                                                                                                                                          |   |  

X                                         |
|  

 

 

 

1122(d)(4)(iv)                   | Payments      on mortgage loans, including any payoffs, made in accordance with the      related mortgage loan documents are posted to the Servicer's obligor      records maintained no more than two business days after receipt, or such      other number of days specified in the transaction agreements, and      allocated to principal, interest or other items (e.g., escrow) in      accordance with the related mortgage loan documents.                                                                                                     |   |  

 

 

 

X                 |
| 1122(d)(4)(v)                                                    | The      Servicer's records regarding the mortgage loans agree with the Servicer's      records with respect to an obligor's unpaid principal balance.                                                                                                                                                                                                                                                                                                                                                                                                  |   | X                                                 |
|  

 

1122(d)(4)(vi)                                   | Changes      with respect to the terms or status of an obligor's mortgage loans (e.g.,      loan modifications or re‐agings) are made, reviewed and approved by      authorized personnel in accordance with the transaction agreements and      related pool asset documents.                                                                                                                                                                                                                                                                    |   |  

 

X                                 |
|  

 

 

1122(d)(4)(vii)                          | Loss      mitigation or recovery actions (e.g., forbearance plans, modifications and      deeds in lieu of foreclosure, foreclosures and repossessions, as      applicable) are initiated, conducted and concluded in accordance with the      timeframes or other requirements established by the transaction      agreements.                                                                                                                                                                                                                         |   |  

 

 

X                         |
|  

 

 

 

 

 

1122(d)(4)(viii) | Records      documenting collection efforts are maintained during the period a mortgage      loan is delinquent in accordance with the transaction agreements. Such      records are maintained on at least a monthly basis, or such other period      specified in the transaction agreements, and describe the entity's      activities in monitoring delinquent mortgage loans including, for example,      phone calls, letters and payment rescheduling plans in cases where      delinquency is deemed temporary (e.g., illness or unemployment). |   |  

 

 

 

 

 

X |

 
| SERVICING      CRITERIA for TITLE 17, SECTION 229             |
|---------------------------------------------------------------|
|  

 

REFERENCE                                     |  

 

CRITERIA | Applicable

Servicing      Criteria | Inapplicable

Servicing      Criteria |
|  

1122(d)(4)(ix)                                        | Adjustments      to interest rates or rates of return for mortgage loans with variable      rates are computed based on the related mortgage loan documents. |   | X |
|  

 

 

 

 

 

1122(d)(4)(x) | Regarding      any funds held in trust for an obligor (such as escrow accounts): (A) such      funds are analyzed, in accordance with the obligor's mortgage loan      documents, on at least an annual basis, or such other period specified in      the transaction agreements; (B) interest on such funds is paid, or      credited, to obligors in accordance with applicable mortgage loan      documents and state laws; and (C ) such funds are returned to the obligor      within 30 calendar days of full repayment of the related mortgage loans,      or such other number of days specified in the transaction    agreements. |   |  

 

 

 

 

 

X |
|  

 

 

 

1122(d)(4)(xi)                | Payments      made on behalf of an obligor (such as tax or insurance payments) are made      on or before the related penalty or expiration dates, as indicated on the      appropriate bills or notices for such payments, provided that such support      has been received by the servicer at least 30 calendar days prior to these      dates, or such other number of days specified in the transaction      agreements. |  

 

 

 

X |   |
|  

 

1122(d)(4)(xii)                               | Any      late payment penalties in connection with any payment to be made on behalf      of an obligor are paid from the servicer's funds and not charged to the      obligor, unless the late payment was due to the obligor's error or      omission. |  

 

X |   |
|  

1122(d)(4)(xiii)                                      | Disbursements      made on behalf of an obligor are posted within two business days to the      obligor's records maintained by the servicer, or such other number of days      specified in the transaction agreement. |  

X(ii) |   |
| 1122(d)(4)(xiv)                                               | Delinquencies,      charge‐offs and uncollectible accounts are recognized and recorded in      accordance with the transaction agreements. |   | X |
|  

1122(d)(4)(xv)                                        | Any      external enhancement or other support, identified in Item 1114(a)(1)      through (3) or Item 1115 of Regulation AB, is maintained as set forth in      the transaction agreements. |   |  

X |

 

(i) – All wires issued by CoreLogic from client custodialaccounts are made by authorized CoreLogic personnel.

 

(ii) – In certain instances Corelogic has the responsibilityfor posting disbursements related to tax payments made on behalfof an obligor tothe obligor's records maintained by the servicer within two business days, or suchother number of days specified by the contract with the servicer. In otherinstances, Corelogic is not responsible for posting disbursements related to taxpayments made on behalf of an obligor to the obligor's records maintained by theservicer. In such instances, Corelogic provides information regardingdisbursements related to tax payments made on behalf of an obligor to theservicers withint wo business days, or such other number of days specified by thecontract with the servicer.