**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 THE SECURITIESEXCHANGE ACT OF 1934**

**    For the fiscal year endedDecember 31, 2019 OR**

**//TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934**

**For the transition period from****            ****to****            **

 

 

 

**Commission file number:333-180779-13**

 

**Central Index Key Number of the issuingentity:0001629069**

 

**Morgan Stanley Bank of America Merrill Lynch Trust2015-C20**

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

 

**Central Index Key Number of the depositor:0001547361**

 

**Morgan Stanley Capital I Inc.**

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

 

**Central Index Key Number of the sponsor:0001541557**

 

**Morgan Stanley Mortgage Capital Holdings LLC**

**(exact names of the sponsors as specified in theircharters)**

 

**Central Index Key Number of the sponsor:0001102113**

 

**Bank of America, National Association**

**(exact names of the sponsors as specified in theircharters)**

 

**Central Index Key Number of the sponsor:0001548567**

 

**CIBC Inc.**

**(exact names of the sponsors as specified in theircharters)**

 

| **New York**                                                        | **38‐3952086  38‐3952087  38‐3952088  38‐7127946** |
|---------------------------------------------------------------------|----------------------------------------------------------------------------|
| **(State or other jurisdiction of incorporation or  organization)** | **(I.R.S. Employer Identification Numbers)**                               |

 

**c/o Wells Fargo Bank, N.A.**

**9062 Old Annapolis Road**

** Columbia, MD**

**(Address of principal executive offices)**

 

**21045**

**(Zip Code)**

 

**Telephone number, including area code:**

**(410) 884‐2000**

Securitiesregistered pursuant to Section 12(b) of the Act:

 

  

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

 

Securitiesregistered pursuant to Section 12(g) of the Act:

 

  NONE.

 

Indicateby check mark if the registrant is a well-known seasoned issuer, as defined inRule 405 of the Securities Act.

 

  Yes___ No X

 

Indicateby check mark if the registrant is not required to file reports pursuant toSection 13 or Section 15(d) of the Act.

 

  Yes___ No X

 

Note- Checking the box above will not relieve any registrant required to filereports pursuant to Section 13 or 15(d) of the Exchange Act from theirobligations under those Sections.

 

Indicate by check mark whether the registrant (1) has filed all reportsrequired to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that theregistrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days.

 

  YesX No ___

 

Indicate by check mark whether the registrant hassubmitted electronically 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).

 

  Not applicable.

 

Indicateby check mark if disclosure of delinquent filers pursuant to Item 405 ofRegulation S-K (Section 229.405 of this chapter) is not contained herein, andwill not be contained, to the best of registrant's knowledge, in definitive proxyor information statements incorporated by reference in Part III of this Form10-K or any amendment to this Form 10-K.

 

  Notapplicable.

 

Indicateby check mark whether the registrant is a large accelerated filer, anaccelerated filer, a non-accelerated filer, a smaller reporting company, oremerging growth company. See the definitions of "large acceleratedfiler", "accelerated filer," "smaller reportingcompany," and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

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

 

Emerginggrowth company ___

 

Ifan emerging growth company, indicate by check mark if the registrant haselected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) ofthe Ex­change Act.

 

  Notapplicable.

 

 

Indicateby check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Act).

 

  Yes___ No X

 

Statethe aggregate market value of the voting and non-voting common equity held bynon-affiliates computed by reference to the price at which the common equitywas last sold, or the average bid and asked price of such common equity, as ofthe last business day of the registrant's most recently completed second fiscalquarter.

 

  Notapplicable.

 

Indicateby check mark whether the registrant has filed all documents and reports requiredto be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934subsequent to the distribution of securities under a plan confirmed by a court.

 

  Notapplicable.

 

Indicatethe number of shares outstanding of each of the registrant's classes of commonstock, as of the latest practicable date.

 

  Notapplicable.

 

DOCUMENTSINCORPORATED BY REFERENCE

 

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

 

  Notapplicable.

 

**EXPLANATORY NOTES**

 

The MSBAM2015-C20 mortgage pool includes the following mortgage loans, each of which isserviced pursuant to a separate pooling and servicing agreement (each, an“Outside Pooling and Servicing Agreement”):• the Linc LIC mortgage loan and the One & Only Ocean Club mortgage loan,which are serviced pursuant to the MSBAM 2014-C19 pooling and servicingagreement attached hereto as Exhibit 4.2.

 

Except asset forth below, each of the parties to each pooling and servicing agreementlisted in the Exhibit Index both (1) participates in the servicing function forpurposes of Item 1122 of Regulation AB and (2) constitutes a servicer thatmeets the criteria in Item 1108(a)(2)(i) through (iii) of Regulation AB forpurposes of Item 1123 of Regulation AB:

 

• Thetrustee under a pooling and servicing agreement has a nominal role with respectto the mortgage pool securitized pursuant to such pooling and servicingagreement. The trustee’s only servicing function is the contingent obligationto make certain advances if the master servicer under such pooling andservicing agreement fails to do so, while all other servicing functions areperformed by other parties. The trustee under each of the pooling and servicingagreements listed in the Exhibit Index has confirmed to the registrant that ithas not made any such contingent advances during the reporting period, andconsequently, each such trustee does not participate in the servicing functionfor purposes of Item 1122 of Regulation AB, nor does it perform the functionsof a servicer for purposes of the definition of “servicer” under Item 1101 ofRegulation AB or for purposes of Item 1123 of Regulation AB.

 

• Thecertificate administrator under a pooling and servicing agreement performsvarious payment administration functions solely for the securitization governedby such pooling and servicing agreement and the mortgage pool securitizedpursuant to such pooling and servicing agreement and does not have anyobligations with respect to any other transaction. Consequently, thecertificate administrator under an Outside Pooling and Servicing Agreement doesnot participate in the servicing function for purposes of Item 1122 ofRegulation AB, nor does it perform the functions of a servicer for purposes ofthe definition of “servicer” under Item 1101 of Regulation AB or for purposes ofItem 1123 of Regulation AB.

 

• Theoperating advisor under a pooling and servicing agreement represents theinterests of senior certificateholders in the transaction governed by suchpooling and servicing agreement and is responsible for monitoring the performanceof the special servicer under such pooling and servicing agreement andproducing certain reports to certificateholders relating to the resolution ofthe mortgage pool securitized pursuant to such pooling and servicing agreement.The operating advisor under a pooling and servicing agreement does not have anyobligations with respect to any other transaction and is solely obligated toperform loan reporting functions with respect to the securitization governed bysuch pooling and servicing agreement.  Consequently, the operating advisorunder an Outside Pooling and Servicing Agreement neither participates in theservicing function for purposes of Item 1122 of Regulation AB nor performs thefunctions of a servicer for purposes of the definition of “servicer” under Item1101 of Regulation AB or for purposes of Item 1123 of Regulation AB. Inaddition, while the operating advisor under a pooling and servicing agreementhas certain reporting obligations in respect of the related mortgage pool, ithas no obligation to collect or disburse funds in respect of the mortgage poolor to administer any of the underlying mortgage loans.  Consequently, theoperating advisor under a pooling and servicing agreement participates in theservicing function for purposes of Item 1122 of Regulation AB, but is notresponsible for the “management or collection of the pool assets or makingallocations or distributions to holders of the asset-backed securities” withinthe meaning of “servicer” under Item 1101 of Regulation AB and does not performthe functions of a servicer for purposes of Item 1123 of Regulation AB.

 

• RialtoCapital Advisors, LLC is the current special servicer under the MSBAM 2014-C20pooling and servicing agreement. In July 2018, CWCapital Asset Management LLCwas replaced as special servicer under the MSBAM 2014-C20 pooling and servicingagreement and was succeeded by Rialto Capital Advisors, LLC.

 

• WellsFargo Bank, National Association is the master servicer under the MSBAM2014-C19 pooling and servicing agreement, pursuant to which the Linc LICmortgage loan and One & Only Ocean Club mortgage loan are serviced. BecauseWells Fargo Bank, National Association is not the MSBAM 2015-C20 masterservicer, is not affiliated with any sponsor and services only the Linc LICmortgage loan and One & Only Ocean Club mortgage loan, which constitutemore than 5% but less than 10% of the mortgage pool, Wells Fargo Bank, NationalAssociation, as MSBAM 2014-C19 master servicer constitutes a reporting“servicing function participant” for purposes of Item 1122 of Regulation AB, asspecified in the Instruction 3 to Item 1122, but does not constitute areporting “servicer” for purposes of Item 1123 of Regulation AB, as specifiedin the Instruction to Item 1123.

 

• RialtoCapital Advisors, LLC is the current special servicer under the MSBAM 2014-C19pooling and servicing agreement. In July 2018, CWCapital Asset Management LLCwas replaced as special servicer under the MSBAM 2014-C19 pooling and servicingagreement and was succeeded by Rialto Capital Advisors, LLC. CWCapital AssetManagement LLC remains the special servicer under the MSBAM 2014-C19 poolingand servicing agreement solely with respect to the Linc LIC mortgage loan.

 

• CWCapital AssetManagement LLC is the special servicer under the MSBAM 2014-C19 pooling andservicing agreement solely with respect to the Linc LIC mortgage loan. BecauseCWCapital Asset Management LLC is not the MSBAM 2015-C20 special servicer, isnot affiliated with any sponsor and services only the Linc LIC mortgage loan,which constitutes less than 5% of the mortgage pool, CWCapital Asset ManagementLLC, as special servicer under the MSBAM 2014-C19 pooling and servicingagreement solely with respect to the Linc LIC mortgage loan does not constitutea reporting “servicing function participant” for purposes of Item 1122 ofRegulation AB, as specified in the Instruction 3 to Item 1122, and does notconstitute a reporting “servicer” for purposes of Item 1123 of Regulation AB,as specified in the Instruction to Item 1123.

 

In addition, each of the following parties engaged the services ofcertain servicing function participants and sub-servicers for the reportingperiod, as set forth below:• Wells Fargo Bank, National Association, as master servicer under the MSBAM2014-C19 pooling and servicing agreement, pursuant to which the Linc LICmortgage loan and One & Only Ocean Club mortgage loan are serviced, engagedthe services of CoreLogic Commercial Real Estate Services, Inc. and NationalTax Search, LLC, in each case as a servicing function participant in respect ofthe Linc LIC mortgage loan and One & Only Ocean Club mortgage loan for thereporting period.

 

| **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.**    |
|              | Omitted.                        |
|              |                            |   |

 

| **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.                                                                                                            |
| **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.                                                                                             |
|              |                                                                                                 |   |

 

**ADDITIONALDISCLOSURE ITEMS FOR REGULATION AB**

 

**Item1112(b) of Regulation AB, Significant Obligor Financial Information.**

 

Not applicable.

 

**Item1114(b)(2) of Regulation AB, Significant Enhancement Provider FinancialInformation.**

 

Noentity or group of affiliated entities provides any enhancement or othersupport for the certificates as described under Item 1114 (a) of Regulation AB.

 

**Item1115(b) of Regulation AB, Certain Derivatives Instruments (FinancialInformation).**

 

Noentity or group of affiliated entities provides any derivative instruments forthe certificates as described under Item 1115 of Regulation AB.

 

**Item1117 of Regulation AB, Legal Proceedings.**

 

Theregistrant knows of no legal proceeding pending against the sponsors,depositor, trustee, issuing entity, servicer contemplated by Item 1108(a)(3) ofRegulation AB, originator contemplated by Item 1110(b) of Regulation AB, or otherparty contemplated by Item 1100(d)(1) of Regulation AB, or of which anyproperty of the foregoing is the subject, that is material to security holders,other than as disclosed in the prospectus of the issuing entity filed in a424(b)(5) filing dated January 29, 2015, and other than as follows:

 

Beginningon June 18, 2014, a group of institutional investors filed civil complaints inthe Supreme Court of the State of New York, New York County, and later the U.S.District Court for the Southern District of New York, against Wells Fargo Bank,N.A., (“Wells Fargo Bank”) in its capacity as trustee for certain residentialmortgage backed securities (“RMBS”) trusts. The complaints against Wells FargoBank alleged that the trustee caused losses to investors and asserted causes ofaction based upon, among other things, the trustee's alleged failure to: (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 included money damages in anunspecified amount, reimbursement of expenses, and equitable relief. InNovember 2018, Wells Fargo Bank reached an agreement, in which it denied anywrongdoing, to resolve such claims on a classwide basis for the 271 RMBS trustsat issue. On May 6, 2019, the court entered an order approving the settlementagreement. Separate lawsuits against Wells Fargo Bank making similarallegations filed by certain other institutional investors concerning severalRMBS trusts in New York federal and state court are not covered by theagreement. With respect to such litigations, Wells Fargo Bank believesplaintiffs' claims are without merit and intends to contest the claimsvigorously, but there can be no assurances as to the outcome of the litigationsor the possible impact of the litigations on Wells Fargo Bank or the RMBStrusts.

 

 

**Item1119 of Regulation AB, Affiliations and Certain Relationships and RelatedTransactions.**

 

Inaddition to the information regarding this item that has been disclosed in theprospectus of the issuing entity filed in a 424(b)(5) filing dated January 29,2015, Rialto Capital Advisors, LLC, the special servicer under the MSBAM2014-C19 securitization, pursuant to which the One & Only Ocean Clubmortgage loan is serviced, is also the special servicer under the MSBAM2014-C20 securitization.

 

**Item1122 of Regulation AB, Compliance with Applicable Servicing Criteria.**

 

Thereports on assessment of compliance with the servicing criteria forasset-backed securities and the related attestation reports on such assessmentsof compliance are attached hereto under Item 15.

 

Thereport on assessment of compliance with applicable servicing criteria furnishedpursuant to Item 1122 of Regulation AB by Midland Loan Services, a Division ofPNC Bank National Association discloses that a material instance ofnoncompliance occurred, as described below:

 

MaterialInstance of Noncompliance

 

In certain instances, the Schedule AL Files (Item 1125of Regulation AB) were not reported in accordance with the terms specified inthe transaction agreements, in conflict with Item 1122(d)(3)(i): “Reports toinvestors, including those to be filed with the Commission, are maintained inaccordance with the transaction agreements and applicable Commissionrequirements. Specifically, such reports: (A) Are prepared in accordance withtimeframes and other terms set forth in the transaction agreements”.  Thenoncompliance consisted of omitted or inaccurately reported numbers due to thefollowing: (1) the initial setup files contained information at the assetlevel, and Midland was required to manually compile the information to presentit at the loan level as required by Schedule AL; and (2) certain reportingrequirements required manual processing by Midland, including the use ofvarious data computation formulas, quality control checks and analysis.

 

The identified instances did not involve the servicingof assets included in this securitization.

 

StepsTaken to Remedy the Material Instance of Noncompliance

 

Midland’s Schedule AL reporting process was enhanced inApril of 2019, however, the process remained manual throughout the 2019calendar year and additional errors during such year were identified during therelated audit. Following identification, Midland made staffing changes andadditional improvements to its processes and procedures to support its ScheduleAL reporting obligations and expects to move to an automated solution for thisprocess.

 

**Item1123 of Regulation AB, Servicer Compliance Statement.**

 

Theservicer compliance statements are attached hereto under Item 15.

 

**PART IV**

 

**Item15. Exhibits, Financial Statement Schedules.**

 

(a) Exhibits.

 

(4.1)Pooling and Servicing Agreement, dated as of January 1,2015, between Morgan Stanley Capital I Inc., as depositor, Midland LoanServices, a Division of PNC Bank, National Association, as master servicer,CWCapital Asset Management LLC, as special servicer, Park Bridge LenderServices LLC, as trust advisor, and Wells Fargo Bank, National Association, astrustee, custodian, certificate administrator, certificate registrar andauthenticating agent (filed as Exhibit 4.1 to the registrant's Current Reporton Form 8-K/A filed on June 10, 2015 under SEC File No. 333-180779-13 andincorporated by reference herein).

 

(4.2)Pooling and Servicing Agreement, dated as of December1, 2014, between Morgan Stanley Capital I Inc., as depositor, Wells Fargo Bank,National Association, as master servicer, CWCapital Asset Management LLC, asspecial servicer, Park Bridge Lender Services LLC, as trust advisor, WilmingtonTrust, as trustee, and Wells Fargo Bank, National Association, as custodian,certificate administrator, certificate registrar and authenticating agent,relating to the MSBAM 2014-C19 securitization transaction, pursuant to whichthe Linc LIC Mortgage Loan and the One & Only Ocean Club Mortgage Loan areserviced (filed as Exhibit 99.4 to the registrant's Current Report on Form8-K/A filed on June 10, 2015 under SEC File No. 333-180779-13 and incorporatedby reference herein).

 

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

 

(33)  Reports on assessment ofcompliance with servicing criteria for asset-backed securities.

 

33.1 Wells Fargo Bank, National Association, as CertificateAdministrator

 

33.2 Wells Fargo Bank, National Association, as Custodian

 

33.3 Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Master Servicer

 

33.4 Rialto Capital Advisors, LLC, as Special Servicer

 

33.5 Park Bridge Lender Services LLC, as Operating Advisor

 

33.6 Wells Fargo Bank, National Association, as MasterServicer under the MSBAM 2014-C19 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Linc LIC (from 1/1/19 to12/31/19) and One & Only Ocean Club (from 1/1/19 to 12/31/19)

 

33.7 CoreLogic Commercial Real Estate Services, Inc., asServicing Function Participant under the MSBAM 2014-C19 securitization,pursuant to which the following mortgage loans were serviced by such party:Linc LIC (from 1/1/19 to 12/31/19) and One & Only Ocean Club (from 1/1/19 to12/31/19)

 

33.8 National Tax Search, LLC, as Servicing FunctionParticipant under the MSBAM 2014-C19 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Linc LIC (from 1/1/19 to 12/31/19)and One & Only Ocean Club (from 1/1/19 to 12/31/19)

 

33.9 Rialto Capital Advisors, LLC, as Special Servicer underthe MSBAM 2014-C19 securitization, pursuant to which the following mortgage loanswere serviced by such party: One & Only Ocean Club (from 1/1/19 to12/31/19) (see Exhibit 33.4)

 

33.10 Wells Fargo Bank, National Association, as Custodianunder the MSBAM 2014-C19 securitization, pursuant to which the followingmortgage loans were serviced by such party: Linc LIC (from 1/1/19 to 12/31/19)and One & Only Ocean Club (from 1/1/19 to 12/31/19) (see Exhibit 33.2)

 

(34). Attestationreports on assessment of compliance with servicing criteria for asset-backedsecurities.

 

34.1 Wells Fargo Bank, National Association, as CertificateAdministrator

 

34.2 Wells Fargo Bank, National Association, as Custodian

 

34.3 Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Master Servicer

 

34.4 Rialto Capital Advisors, LLC, as Special Servicer

 

34.5 Park Bridge Lender Services LLC, as Operating Advisor

 

34.6 Wells Fargo Bank, National Association, as MasterServicer under the MSBAM 2014-C19 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Linc LIC (from 1/1/19 to12/31/19) and One & Only Ocean Club (from 1/1/19 to 12/31/19)

 

34.7 CoreLogic Commercial Real Estate Services, Inc., asServicing Function Participant under the MSBAM 2014-C19 securitization,pursuant to which the following mortgage loans were serviced by such party:Linc LIC (from 1/1/19 to 12/31/19) and One & Only Ocean Club (from 1/1/19to 12/31/19)

 

34.8 National Tax Search, LLC, as Servicing FunctionParticipant under the MSBAM 2014-C19 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Linc LIC (from 1/1/19 to12/31/19) and One & Only Ocean Club (from 1/1/19 to 12/31/19)

 

34.9 Rialto Capital Advisors, LLC, as Special Servicer underthe MSBAM 2014-C19 securitization, pursuant to which the following mortgageloans were serviced by such party: One & Only Ocean Club (from 1/1/19 to 12/31/19)(see Exhibit 34.4)

 

34.10 Wells Fargo Bank, National Association, as Custodianunder the MSBAM 2014-C19 securitization, pursuant to which the followingmortgage loans were serviced by such party: Linc LIC (from 1/1/19 to 12/31/19)and One & Only Ocean Club (from 1/1/19 to 12/31/19) (see Exhibit 34.2)

 

(35). Servicercompliance statement.

 

35.1 Wells Fargo Bank, National Association, as CertificateAdministrator

 

35.2 Wells Fargo Bank, National Association, as Custodian

 

35.3 Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Master Servicer

 

35.4 Rialto Capital Advisors, LLC, as Special Servicer

 

35.5 Rialto Capital Advisors, LLC, as Special Servicerunder the MSBAM 2014-C19 securitization, pursuant to which the followingmortgage loans were serviced by such party: One & Only Ocean Club (from1/1/19 to 12/31/19) (see Exhibit 35.4)

 

35.6 Wells Fargo Bank, National Association, as Custodianunder the MSBAM 2014-C19 securitization, pursuant to which the followingmortgage loans were serviced by such party: Linc LIC (from 1/1/19 to 12/31/19)and One & Only Ocean Club (from 1/1/19 to 12/31/19) (see Exhibit 35.2)

 

(99.1)Mortgage Loan Purchase Agreement, dated January 23,2015, between Morgan Stanley Capital I Inc. and Morgan Stanley Mortgage CapitalHoldings LLC (filed as Exhibit 99.1 to the registrant's Current Report on Form8-K/A filed on June 10, 2015 under SEC File No. 333-180779-13 and incorporatedby reference herein).

 

(99.2)Mortgage Loan Purchase Agreement, dated January 23,2015, between Morgan Stanley Capital I Inc. and Bank of America, NationalAssociation (filed as Exhibit 99.2 to the registrant's Current Report on Form8-K/A filed on June 10, 2015 under SEC File No. 333-180779-13 and incorporatedby reference herein).

 

(99.3)Mortgage Loan Purchase Agreement, dated January 23,2015, between Morgan Stanley Capital I Inc. and CIBC Inc. (filed as Exhibit99.3 to the registrant's Current Report on Form 8-K/A filed on June 10, 2015under SEC File No. 333-180779-13 and incorporated by reference herein).

 

(b)See (a) above.

 

(c) Notapplicable.

** **

**SIGNATURES**

 

Pursuantto the requirements of Section 13 or 15(d) of the Securities Exchange Act of1934, the registrant has duly caused this report to be signed on its behalf bythe undersigned, thereunto duly authorized.

 

MorganStanley Capital I Inc.

(Depositor)

 

By:/s/ Jane Lam

JaneLam, Director and President

(seniorofficer in charge of securitization of the depositor)

 

Date: March 27, 2020