Wells Fargo Commercial Mortgage Trust 2016-C33 - FORM 10-K - EX-33.20

Attached files

file	filename
EX-35.9 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_35-9.htm
EX-35.5 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_35-5.htm
EX-35.4 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_35-4.htm
EX-35.3 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_35-3.htm
EX-35.2 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_35-2.htm
EX-35.1 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_35-1.htm
EX-34.25 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_34-25.htm
EX-34.22 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_34-22.htm
EX-34.20 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_34-20.htm
EX-34.10 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_34-10.htm
EX-34.9 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_34-9.htm
EX-34.8 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_34-8.htm
EX-34.7 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_34-7.htm
EX-34.6 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_34-6.htm
EX-34.3 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_34-3.htm
EX-34.2 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_34-2.htm
EX-34.1 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_34-1.htm
EX-33.25 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_33-25.htm
EX-33.22 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_33-22.htm
EX-33.10 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_33-10.htm
EX-33.9 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_33-9.htm
EX-33.8 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_33-8.htm
EX-33.7 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_33-7.htm
EX-33.6 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_33-6.htm
EX-33.3 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_33-3.htm
EX-33.2 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_33-2.htm
EX-33.1 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_33-1.htm
EX-31 - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_31.htm
10-K - Wells Fargo Commercial Mortgage Trust 2016-C33	wcm16c33_10k-2017.htm

(logo) TRIMONT

MANAGEMENT'S CERTIFICATION REGARDING COMPLIANCE WITH APPLICABLE SERVICING CRITERIA

Trimont Real Estate Advisors, LLC (the “Asserting Party”) is responsible for assessing compliance as of and for the year ended December 31, 2017 (the “Reporting Period”) with the applicable servicing criteria set forth in Item 1122(d) of the Securities and Exchange Commission's Regulation AB as set forth in Exhibit A hereto (the “Applicable Servicing Criteria”). The transactions covered by this report are only those transactions processed by the Asserting Party in its capacity as special servicer for the asset backed securities transactions listed in Exhibit B hereto (the “Platform”).

The Asserting Party has used the servicing criteria set forth in Item 1122(d) of the Securities and Exchange Commission's Regulation AB to assess its compliance with the Applicable Servicing Criteria for the Reporting Period and has concluded that the Asserting Party has complied, in all material respects, with the Applicable Servicing Criteria as of December 31, 2017 and for the Reporting Period with respect to the Platform.

Grant Thornton LLP, an independent registered public accounting firm, has issued an attestation report on the assessment of compliance with the Applicable Servicing Criteria as of and for the year ended December 31, 2017 as set forth in this assertion.

Trimont Real Estate Advisors, LLC

February 26, 2018

/s/ Glen Peters

Glen Peters

Chief Financial Officer

Exhibit A

Regulation AB Criteria

WFCM 2014-TISH

WFCM 2007-C32

CGBAM 2015-SMRT MZ

CS 2015 SAND MZ

Lone Star 2015 LSP-MZ

WFCG 2015-BXRP

225 Liberty Street Trust 2016-225L

BANCORP 2016-CRE1

JPM 2016-ASH

GSMS 2016-GS3

VFC 2015-3 LLC

Bancorp 2017-CRE2

CGMS 2017 MDDR

COLD 2017-ICE3

RPT 2017-ROSS

CPLV 2017-VICI

MSC 2017-ASHF

CSMC 2017-PFHP

VSD 2017-PLT1

Section

Description

Criteria

Applicable Criteria

General Servicing Considerations

(d)(1)(i)

Policies and Procedures

Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreement.

X¹

(d)(1)(ii)

Policies and Procedures (vendors)

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.

X³

(d)(1)(iii)

Back-up Servicer

Any requirements in the transaction agreements to maintain a back-up servicer for the pool assets are maintained.

N/A

(d)(1)(iv)

Fidelity Bond

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 agreement.

(d)(1)(v)

Accuracy of Information

Aggregation of information, as applicable, is mathematically accurate and the information conveyed accurately reflects the information.

X⁴

X²

Cash Collection and Administration

(d)(2)(i)

2 Days to deposit Payments into Custodial Accounts

Payments on pool assets are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days of receipt, or such other number of days specified in the transaction agreements.

X¹

X²

(d)(2)(ii)

Wire Transfers

Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel

X²

(d)(2)(iii)

Advances

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.

X²

X⁵

X²

(d)(2)(iv)

Commingling

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.

X¹

X²

(d)(2)(v)

Federally Insured Institution

Each 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 §240.13k-1(b)(1) of this chapter. I.3 Each custodial account shall be maintained at a federally insured depository institution in trust for the applicable investor.

X¹

X²

(d)(2)(vi)

Unissued Checks

Unissued checks are safeguarded so as to prevent unauthorized access.

X¹

X²

(d)(2)(vii)

Reconciliations

Reconciliations are prepared on a monthly basis for all asset-backed securities related bank accounts, including custodial accounts and related bank clearing accounts. These reconciliations: (a) are mathematically accurate; (b) are prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements; (c) are 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.

X¹

X²

Investor Remittance and Reporting

(d)(3)(i)

Reports to the Investor

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 the 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 pool assets serviced by the servicer.

X²

(d)(3)(ii)

Investor Remittance

Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements.

X²

(d)(3)(iii)

Investor's Records

Disbursements made to an investor are posted within two business days to the servicer's investor records, or such other number of days specified in the transaction agreements.

X²

(d)(3)(iv)

Remittance and Bank Statements

Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements.

X²

Pool Asset Administration

(d)(4)(i)

Collateral/ Security on Pool Assets

Collateral or security on pool assets is maintained as required by the transaction agreements or related pool asset documents.

X⁶

X²

(d)(4)(ii)

Safeguard Pool Assets

Pool assets and related documents are safeguarded as required by the transaction agreements.

X²

(d)(4)(iii)

Changes to the Pool Assets

Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements.

X¹

X⁷

X¹

(d)(4)(iv)

Obligor's Payment Record

Payments on pool assets, including any payoffs, made in accordance with the related pool asset documents are posted to the applicable 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 pool asset documents.

X¹

X²

(d)(4)(v)

Pool Asset Records Match UPB

The servicer’s records regarding the pool assets agree with the servicer's records with respect to an obligor's unpaid principal balance.

X¹

(d)(4)(vi)

Loan Modifications

Changes with respect to the terms or status of an obligor's pool asset (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.

X¹

X⁸

X¹

X⁸

(d)(4)(vii)

Loss Mitigation Actions

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 agreement.

X¹

(d)(4)(viii)

Collection Efforts Documented

Records documenting collection efforts are maintained during the period a pool asset 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 pool assets including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment)

X¹

X⁹

X¹

X²

(d)(4)(ix)

ARMs

Adjustments to interest rates or rates of return for pool assets with variable rates are computed based on the related pool asset documents.

X²

X¹⁰

X²

(d)(4)(x)

Escrow Funds

Regarding any funds held in trust for an obligor such funds are (a) analyzed, in accordance with the obligor's pool asset 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 pool asset documents and state laws; and (c)returned to the obligor within 30 calendar days of full repayment of the related pool asset, or such other number of days specified in the transaction agreements.

X²

X¹¹

X²

(d)(4)(xi)

Timely Payments

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.

X²

(d)(4)(xii)

Late Payment Penalties

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.

X²

X¹²

X²

(d)(4)(xiii)

Obligor's Records

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 agreements.

X²

(d)(4)(xiv)

Delinquencies, Charge-offs, and Other Uncollectible Accounts

Delinquencies, Charge-offs, and uncollectible accounts are recognized and recorded in accordance with the transaction agreements.

X²

X¹³

X²

(d)(4)(xv)

Any External Enhancement

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

N/A

Exhibit A Footnote Legend

Footnote	Description
X¹	This criteria is applicable for the securitization; however, there were no loans serviced under this securitization during the reporting period.
X²	With respect to Applicable Servicing Criteria, the securitization was not in scope based on the transaction agreement.
X³	With respect to item 1122(d)(1)(ii), this criteria is applicable for the securitization; however, there were no material servicing activities outsourced to third parties under this securitization during the reporting period.
X⁴	With respect to item 1122(d)(1)(v), this criteria is applicable for the securitization; however, there was no aggregation of information related to reporting to external parties.
X⁵	With respect to item 1122(d)(2)(iii), there were no advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances during the reporting period for the loan(s) that were serviced under this securitization.
X⁶	With respect to item 1122(d)(4)(i), this criterion is not applicable as Trimont does not have any responsibility as a special servicer to maintain collateral or security on pool assets. Per the loan servicing agreements, maintaining collateral or security on pool assets is the responsibility of the Custodian or Trustee.
X⁷	With respect to Item 1122(d)(4)(iii), there were no additions, removals, or substitutions to the asset pool during the reporting period for the loan(s) that were serviced under this securitization.
X⁸	With respect to item 1122(d)(4)(vi), there were no changes to the terms or status of any of the specially serviced loans during the reporting period for the loan(s) that were serviced under this securitization.
X⁹	With respect to item 1122(d)(4)(viii), there were no delinquencies during the reporting period for the loan(s) that were serviced under this securitization.
X¹⁰	With respect to item 1122(d)(4)(ix), there were no adjustments to interest rates during the reporting period for the loan(s) that were serviced under this securitization.
X¹¹	With respect to item 1122(d)(4)(x), there were no loans held in trust during the reporting period for the loan(s) that were serviced under this securitization.
X¹²	With respect to item 1122(d)(4)(xii), there were no late payments made on behalf of the obligor to which late payment penalties would have been incurred during the reporting period for the loan(s) that were serviced under this securitization.
X¹³	With respect to item 1122(d)(4)(xiv), there were no delinquencies, charge-offs or uncollectible amounts during the reporting period for the loan(s) that were serviced under this securitization.

Exhibit B
Name	Transaction	Period of Service
WFCM 2014 - TISH	Special Servicer for Commercial Mortgage Pass-Through Certificates Series 2014-TISH pursuant to the Pooling and Servicing Agreement dated March 1, 2014	January 1, 2017 - December 31, 2017
WFCM 2007 - C32	Special Servicer for Commercial Mortgage Pass-Through Certificates Series 2007-C32 pursuant to the Pooling and Servicing Agreement dated June 1, 2007	January 1, 2017 - December 31, 2017
CGBAM 2015-SMRT MZ	Special Servicer for Commercial Mortgage Pass-Through Certificates Series 2014-TISH pursuant to the Pooling and Servicing Agreement dated April 28, 2015	January 1, 2017 - December 31, 2017
CS 2015 SAND MZ	Special Servicer for Commercial Mortgage Pass-Through Certificates Series 2015 SAND MZ pursuant to the Pooling and Servicing Agreement dated August 7, 2015	January 1, 2017 - June 30, 2017
Lone Star 2015 LSP-MZ	Special Servicer for Commercial Mortgage Pass-Through Certificates Series Lone Star 2015 LSP-MZ pursuant to the Pooling and Servicing Agreement dated November 13, 2015	January 1, 2017 - December 31, 2017
WFCG 2015-BXRP	Special Servicer for Commercial Mortgage Pass-Through Certificates Series WFCG 2015-BXRP pursuant to the Pooling and Servicing Agreement dated April 1, 2015	January 1, 2017 - December 31, 2017
225 Liberty Street Trust 2016-225L	Special Servicer for Commercial Mortgage Pass-Through Certificates Series 2016-225L pursuant to the Pooling and Servicing Agreement dated February 6, 2016	January 1, 2017 - December 31, 2017
BANCORP 2016-CRE1	Special Servicer for Commercial Mortgage Pass-Through Certificates Series BANCORP 2016-CRE1 pursuant to the Pooling and Servicing Agreement dated December 6, 2016	January 1, 2017 - December 31, 2017
JPM 2016-ASH	Special Servicer for Commercial Mortgage Pass-Through Certificates Series JPM 2016-ASH pursuant to the Pooling and Servicing Agreement dated November 30, 2016	January 1, 2017 - December 31, 2017
GSMS 2016-GS3	Special Servicer for Commercial Mortgage Pass-Through Certificates Series GSMS 2016-GS3 pursuant to the Pooling and Servicing Agreement dated September 1, 2016	January 1, 2017 - December 31, 2017
VFC 2015-3 LLC	Special Servicer for Commercial Mortgage Pass-Through Certificates Series VFC 2015-3 LLC pursuant to the Pooling and Servicing Agreement dated March 31, 2015	January 1, 2017 - January 23, 2017
Bancorp 2017-CRE2	Special Servicer for Commercial Mortgage Pass-Through Certificates Series Bancorp 2017-CRE2 pursuant to the Pooling and Servicing Agreement dated August 30, 2017	August 30, 2017 - December 31, 2017
CGMS 2017 MDDR	Special Servicer for Commercial Mortgage Pass-Through Certificates Series CGMS 2017 MDDR pursuant to the Pooling and Servicing Agreement dated July 6, 2017	July 6, 2017 - December 31, 2017
COLD 2017-ICE3	Special Servicer for Commercial Mortgage Pass-Through Certificates Series COLD 2017-ICE3 pursuant to the Pooling and Servicing Agreement dated April 28, 2017	April 28, 2017 - December 31, 2017
RPT 2017-ROSS	Special Servicer for Commercial Mortgage Pass-Through Certificates Series RPT 2017-ROSS pursuant to the Pooling and Servicing Agreement dated June 30, 2017	June 30, 2017 - December 31, 2017
CPLV 2017-VICI	Special Servicer for Commercial Mortgage Pass-Through Certificates Series CPLV 2017-VICI pursuant to the Pooling and Servicing Agreement dated November 30, 2017	November 30, 2017 - December 31, 2017
MSC 2017-ASHF	Special Servicer for Commercial Mortgage Pass-Through Certificates Series MSC 2017-ASHF pursuant to the Pooling and Servicing Agreement dated December 9, 2017	December 9, 2017 - December 31, 2017
CSMC 2017-PFHP	Special Servicer for Commercial Mortgage Pass-Through Certificates Series CSMC 2017-PFHP pursuant to the Pooling and Servicing Agreement dated December 19, 2017	December 19, 2017 - December 31, 2017
VSD 2017-PLT1	Special Servicer for Commercial Mortgage Pass-Through Certificates Series VSD 2017-PLT1 pursuant to the Pooling and Servicing Agreement dated March 10, 2017	March 10, 2017 - December 31, 2017

Wells Fargo Commercial Mortgage Trust 2016-C33 - FORM 10-K - EX-33.20 - March 21, 2018

Attached files