item 14 principal accounting fees services omitted pursuant general instruction j2 following substitute information provided report form 10k item 1114b2 regulation ab significant enhancement provider financial information entity group affiliated entities provides enhancement support certificates described item 1114a regulation ab item 1115b regulation ab certain derivatives instruments financial information entity group affiliated entities provides derivative instruments certificates described item 1115 regulation ab june 2014 civil complaint filed supreme court state new york new york county group institutional investors us bank national association “us bank” capacity trustee successor trustee case may certain residential mortgage backed securities rmbs trusts plaintiffs investment funds formed nine investment advisors aegon blackrock brookfield dz bank kore pimco prudential sealink tiaa purport bringing suit derivatively behalf 841 rmbs trusts issued 771 billion original principal amount securities 2004 2008 according plaintiffs cumulative losses rmbs trusts equal 924 billion date complaint one six similar complaints filed rmbs trustees deutsche bank citibank hsbc bank new york mellon wells fargo certain plaintiffs complaint us bank alleges trustee caused losses investors result alleged failures sponsors mortgage loan sellers servicers rmbs trusts asserts causes action based upon trustees purported failure enforce repurchase obligations mortgage loan sellers alleged breaches representations warranties concerning loan quality complaint also asserts trustee failed notify securityholders purported events default allegedly caused breaches mortgage loan servicers trustee purportedly failed abide appropriate standards care following events default relief sought includes money damages unspecified amount equitable relief november 2014 plaintiffs sought leave voluntarily dismiss original state court complaint filed substantially similar complaint united states district court southern district new york federal civil complaint added class action allegation change total number named trusts 843 rmbs trusts december 2014 plaintiffs’ motion voluntarily dismiss original state court complaint granted cases alleging similar causes action previously filed us bank trustees rmbs investors transactions assurances outcome litigation possible impact litigation trustee rmbs trusts however us bank denies liability believes performed obligations rmbs trusts good faith actions cause losses investors meritorious defenses intends contest plaintiffs’ claims vigorously item 1122 regulation ab compliance applicable servicing criteria reports assessment compliance servicing criteria assetbacked securities related attestation reports assessments compliance attached hereto item 15 item 14 principal accounting fees services omitted pursuant general instruction j2 following substitute information provided report form 10k item 1112b regulation ab significant obligors financial information mortgaged property securing tkg retail portfolio loan constitutes significant obligor within meaning 1101k2 regulation ab recent unaudited net operating income significant obligor 2017 fiscal year 9535510 item 1114b2 regulation ab significant enhancement provider financial information entity group affiliated entities provides enhancement support certificates described item 1114a regulation ab item 1115b regulation ab certain derivatives instruments financial information entity group affiliated entities provides derivative instruments certificates described item 1115 regulation ab item 1117 regulation ab legal proceedings registrant knows legal proceeding pending sponsors depositor trustee issuing entity servicer contemplated item 1108a3 regulation ab originator contemplated item 1110b regulation ab party contemplated item 1100d1 regulation ab property foregoing subject material security holders disclosed prospectus issuing entity filed 424b5 filing dated october 1 2014 follows since 2014 various plaintiffs groups plaintiffs primarily investors filed claims us bank national association “us bank” capacity trustee successor trustee case may certain residential mortgage backed securities “rmbs” trusts plaintiffs plaintiff groups filed substantially similar complaints rmbs trustees including deutsche bank citibank hsbc bank new york mellon wells fargo complaints us bank allege trustee caused losses investors result alleged failures sponsors mortgage loan sellers servicers rmbs trusts assert causes action based upon trustee’s purported failure enforce repurchase obligations mortgage loan sellers alleged breaches representations warranties concerning loan quality complaints also assert trustee failed notify securityholders purported events default allegedly caused breaches servicing standards mortgage loan servicers trustee purportedly failed abide heightened standard care following alleged events default currently us bank defendant multiple actions alleging individual class action claims trustee respect multiple trusts described substantial case blackrock balanced capital portfolio et al v us bank national association 6052042015 ny sup ct class action alleging claims respect approximately 770 trusts companion case blackrock core bond portfolio et al v us bank national association 14cv9401 sdny trusts implicated aforementioned blackrock cases well trusts involved actions brought separate groups plaintiffs related 100 trusts per case us bank cannot assure outcome litigation possible impact litigations trustee rmbs trusts however us bank denies liability believes performed obligations rmbs trusts good faith actions cause losses investors meritorious defenses intends contest plaintiffs’ claims vigorously item 1119 regulation ab affiliations certain relationships related transactions information regarding item disclosed prospectus issuing entity filed 424b5 filing dated october 1 2014 item 1122 regulation ab compliance applicable servicing criteria reports assessment compliance servicing criteria assetbacked securities related attestation reports assessments compliance attached hereto item 15 item 14 principal accounting fees services omitted pursuant general instruction j2 following substitute information provided report form 10k item 1114b2 regulation ab significant enhancement provider financial information entity group affiliated entities provides enhancement support certificates described item 1114a regulation ab item 1115b regulation ab certain derivatives instruments financial information entity group affiliated entities provides derivative instruments certificates described item 1115 regulation ab since 2014 various plaintiffs groups plaintiffs primarily investors filed claims us bank national association “us bank” capacity trustee successor trustee case may certain residential mortgage backed securities rmbs trusts plaintiffs plaintiff groups filed substantially similar complaints rmbs trustees including deutsche bank citibank hsbc bank new york mellon wells fargo complaints us bank allege trustee caused losses investors result alleged failures sponsors mortgage loan sellers servicers rmbs trusts assert causes action based upon trustees purported failure enforce repurchase obligations mortgage loan sellers alleged breaches representations warranties concerning loan quality complaints also assert trustee failed notify securityholders purported events default allegedly caused breaches servicing standards mortgage loan servicers trustee purportedly failed abide heightened standard care following alleged events default currently us bank defendant multiple actions alleging individual class action claims trustee respect multiple trusts described substantial case blackrock balanced capital portfolio et al v us bank national association 6052042015 ny sup ct class action alleging claims respect approximately 794 trusts companion case blackrock core bond portfolio et al v us bank national association 14cv9401 sdny trusts implicated aforementioned blackrock cases well trusts involved actions brought separate groups plaintiffs related 100 trusts per case assurance outcome litigation possible impact litigations trustee rmbs trusts however us bank denies liability believes performed obligations rmbs trusts good faith actions cause losses investors meritorious defenses intends contest plaintiffs’ claims vigorously item 1122 regulation ab compliance applicable servicing criteria reports assessment compliance servicing criteria assetbacked securities related attestation reports assessments compliance attached hereto item 15 item 14 principal accounting fees services omitted pursuant general instruction j2 following substitute information provided report form 10k item 1112b regulation ab significant obligors financial information mortgaged property securing tkg retail portfolio loan constitutes significant obligor within meaning 1101k2 regulation ab recent unaudited net operating income significant obligor calendar quarter ending march 31 2019 2188689 tkg retail portfolio loan paid full july 2 2019 item 1114b2 regulation ab significant enhancement provider financial information entity group affiliated entities provides enhancement support certificates described item 1114a regulation ab item 1115b regulation ab certain derivatives instruments financial information entity group affiliated entities provides derivative instruments certificates described item 1115 regulation ab item 1117 regulation ab legal proceedings registrant knows legal proceeding pending sponsors depositor trustee issuing entity servicer contemplated item 1108a3 regulation ab originator contemplated item 1110b regulation ab party contemplated item 1100d1 regulation ab property foregoing subject material security holders disclosed prospectus issuing entity filed 424b5 filing dated october 1 2014 follows last several years us bank national association “us bank” large financial institutions sued capacity trustee successor trustee certain residential mortgage backed securities “rmbs” trusts complaints primarily filed investors investor groups us bank similar institutions allege trustees caused losses investors result alleged failures sponsors mortgage loan sellers servicers comply governing agreements rmbs trusts plaintiffs generally assert causes action based upon trustees’ purported failures enforce repurchase obligations mortgage loan sellers alleged breaches representations warranties notify securityholders purported events default allegedly caused breaches servicing standards mortgage loan servicers abide heightened standard care following alleged events default currently us bank defendant multiple actions alleging individual class action claims us bank denies liability believes performed obligations rmbs trusts good faith actions cause losses investors meritorious defenses contested intends continue contesting plaintiffs’ claims vigorously however us bank cannot assure outcome litigation possible impact litigations trustee rmbs trusts march 9 2018 law firm purporting represent fifteen delaware statutory trusts “dsts” issued securities backed student loans “student loans” filed lawsuit delaware court chancery us bank national association “us bank” capacities indenture trustee successor special servicer three institutions respective transaction capacities respect dsts student loans lawsuit captioned national collegiate student loan master trust et al v us bank national association et al ca 20180167jrs del ch complaint later amended june 15 2018 alleged dsts harmed result purported misconduct omissions defendants concerning administration trusts servicing student loans us bank believes performed obligations indenture trustee special servicer good faith compliance material respects terms agreements governing dsts “governing agreements” accordingly claims lawsuit without merit us bank filed motion seeking dismissal operative complaint entirety prejudice pursuant chancery court rules 12b1 12b6 alternative us bank requested stay case prior filed disputes involving dsts student loans litigated november 7 2018 court ruled case stayed entirety pending resolution firstfiled cases item 1119 regulation ab affiliations certain relationships related transactions information regarding item disclosed prospectus issuing entity filed 424b5 filing dated october 1 2014 item 1122 regulation ab compliance applicable servicing criteria reports assessment compliance servicing criteria assetbacked securities related attestation reports assessments compliance attached hereto item 15 item 14 principal accountant fees services omitted pursuant general instruction j2 following substitute information provided report form 10k item 1112b regulation ab significant obligors financial information applicable item 1114b2 regulation ab significant enhancement provider financial information entity group affiliated entities provides enhancement support certificates described item 1114a regulation ab item 1115b regulation ab certain derivatives instruments financial information entity group affiliated entities provides derivative instruments certificates described item 1115 regulation ab item 1117 regulation ab legal proceedings registrant knows legal proceeding pending sponsors depositor trustee issuing entity servicer contemplated item 1108a3 regulation ab originator contemplated item 1110b regulation ab party contemplated item 1100d1 regulation ab property foregoing subject material security holders follows last several years us bank national association “us bank” large financial institutions sued capacity trustee successor trustee certain residential mortgage backed securities rmbs trusts complaints primarily filed investors investor groups us bank similar institutions allege trustees caused losses investors result alleged failures sponsors mortgage loan sellers servicers comply governing agreements rmbs trusts plaintiffs generally assert causes action based upon trustees’ purported failures enforce repurchase obligations mortgage loan sellers alleged breaches representations warranties notify securityholders purported events default allegedly caused breaches servicing standards mortgage loan servicers abide heightened standard care following alleged events default us bank denies liability believes performed obligations rmbs trusts good faith actions cause losses investors meritorious defenses contested intends continue contesting plaintiffs’ claims vigorously however us bank cannot assure outcome litigation possible impact litigations trustee rmbs trusts march 9 2018 law firm purporting represent fifteen delaware statutory trusts “dsts” issued securities backed student loans “student loans” filed lawsuit delaware court chancery us bank national association “us bank” capacities indenture trustee successor special servicer three institutions respective transaction capacities respect dsts student loans lawsuit captioned national collegiate student loan master trust et al v us bank national association et al ca 20180167jrs del ch “ncmslt action” complaint amended june 15 2018 alleged dsts harmed result purported misconduct omissions defendants concerning administration trusts special servicing student loans since filing ncmslt action certain student loan borrowers made assertions us bank concerning special servicing appear based certain allegations made behalf dsts ncmslt action us bank believes performed obligations indenture trustee special servicer good faith compliance material respects terms agreements governing dsts “governing agreements” accordingly claims ncmslt action without merit us bank filed motion seeking dismissal operative complaint entirety prejudice pursuant chancery court rules 12b1 12 b6 alternative stay case prior filed disputes involving dsts student loans litigated november 7 2018 court ruled case stayed entirety pending resolution firstfiled cases january 21 2020 court entered order consolidating pretrial purposes ncmslt action three lawsuits pending delaware court chancery concerning dsts student loans “consolidated action” us bank parties consolidated action briefed argued motions judgment pleadings pursuant chancery court rule 12c regarding disputed issues contractual interpretation issue one cases comprising consolidated action including ncmslt action court yet ruled motions us bank’s dismissal motion ncmslt action us bank intends continue defend ncmslt action vigorously item 1119 regulation ab affiliations certain relationships related transactions information regarding item provided previously annual report form 10k issuing entity prospectus issuing entity filed 424b5 filing dated october 1 2014 item 1122 regulation ab compliance applicable servicing criteria reports assessment compliance servicing criteria assetbacked securities related attestation reports assessments compliance attached hereto item 15 item 14 principal accounting fees services omitted pursuant general instruction j2 following substitute information provided report form 10k item 1112b regulation ab significant obligors financial information mortgaged property securing tkg retail portfolio loan constitutes significant obligor within meaning 1101k2 regulation ab recent unaudited net operating income significant obligor 2018 fiscal year 9329312 item 1114b2 regulation ab significant enhancement provider financial information entity group affiliated entities provides enhancement support certificates described item 1114a regulation ab item 1115b regulation ab certain derivatives instruments financial information entity group affiliated entities provides derivative instruments certificates described item 1115 regulation ab item 1117 regulation ab legal proceedings registrant knows legal proceeding pending sponsors depositor trustee issuing entity servicer contemplated item 1108a3 regulation ab originator contemplated item 1110b regulation ab party contemplated item 1100d1 regulation ab property foregoing subject material security holders disclosed prospectus issuing entity filed 424b5 filing dated october 1 2014 follows since 2014 various plaintiffs groups plaintiffs primarily investors filed claims us bank national association “us bank” capacity trustee successor trustee case may certain residential mortgage backed securities “rmbs” trusts plaintiffs plaintiff groups filed substantially similar complaints rmbs trustees including deutsche bank citibank hsbc bank new york mellon wells fargo complaints us bank allege trustee caused losses investors result alleged failures sponsors mortgage loan sellers servicers rmbs trusts assert causes action based upon trustee’s purported failure enforce repurchase obligations mortgage loan sellers alleged breaches representations warranties concerning loan quality complaints also assert trustee failed notify securityholders purported events default allegedly caused breaches servicing standards mortgage loan servicers trustee purportedly failed abide heightened standard care following alleged events default currently us bank defendant multiple actions alleging individual class action claims trustee respect multiple trusts described previously us bank disclosed substantial case blackrock balanced capital portfolio et al v us bank national association 6052042015 ny sup ct class action alleging claims respect approximately 770 trusts companion case blackrock core bond portfolio et al v us bank national association 14cv9401 sdny collectively “blackrock cases” us bank entered settlement agreement resolve blackrock cases following approval dismissals applicable court trusts implicated aforementioned blackrock cases well trusts involved actions brought separate groups plaintiffs related 100 trusts per case us bank cannot assure outcome litigation possible impact litigations trustee rmbs trusts however us bank denies liability believes performed obligations rmbs trusts good faith actions cause losses investors meritorious defenses intends contest plaintiffs’ claims vigorously item 1119 regulation ab affiliations certain relationships related transactions information regarding item disclosed prospectus issuing entity filed 424b5 filing dated october 1 2014 item 1122 regulation ab compliance applicable servicing criteria reports assessment compliance servicing criteria assetbacked securities related attestation reports assessments compliance attached hereto item 15 item 7 managements discussion analysis financial condition results operation omitted item 7a item 7 management’s discussion analysis financial condition results operations omitted item 7a item 7 managements discussion analysis financial condition results operation omitted item 7a item 7 management’s discussion analysis financial condition results operations omitted item 7a item 7 management’s discussion analysis financial condition results operations omitted item 7a item 7 management’s discussion analysis financial condition results operations omitted item 7a item 7a quantitative qualitative disclosures market risk omitted item 8 item 7a quantitative qualitative disclosures market risk omitted item 8 item 7a quantitative qualitative disclosures market risk omitted item 8 item 7a quantitative qualitative disclosures market risk omitted item 8 item 7a quantitative qualitative disclosures market risk omitted item 8 item 7a quantitative qualitative disclosures market risk omitted item 8 item 8 financial statements supplementary data omitted item 9 item 8 financial statements supplementary data omitted item 9 item 8 financial statements supplementary data omitted item 9 item 8 financial statements supplementary data omitted item 9 item 8 financial statements supplementary data omitted item 9 item 8 financial statements supplementary data omitted item 9 item 15 exhibits financial statement schedules exhibits 41 pooling servicing agreement dated september 1 2014 morgan stanley capital inc depositor wells fargo bank national association master servicer rialto capital advisors llc special servicer park bridge lender services llc trust advisor us bank national association trustee certificate administrator certificate registrar authenticating agent custodian filed exhibit 41 registrants current report form 8ka filed october 17 2014 incorporated reference herein b see item c applicable signatures pursuant requirements section 13 15d securities exchange act 1934 registrant duly caused report signed behalf undersigned thereunto duly authorized morgan stanley capital inc depositor exhibit index exhibit description 41 pooling servicing agreement dated september 1 2014 morgan stanley capital inc depositor wells fargo bank national association master servicer rialto capital advisors llc special servicer park bridge lender services llc trust advisor us bank national association trustee certificate administrator certificate registrar authenticating agent custodian filed exhibit 41 registrants current report form 8ka filed october 17 2014 incorporated reference herein item 15 exhibits financial statement schedules exhibits 41 pooling servicing agreement dated september 1 2014 morgan stanley capital inc depositor wells fargo bank national association master servicer rialto capital advisors llc special servicer park bridge lender services llc trust advisor us bank national association custodian trustee certificate administrator certificate registrar authenticating agent filed exhibit 41 registrant’s current report form 8ka filed october 17 2014 sec file 33318077911 incorporated reference herein rule 13a14d15d14d certifications reports assessment compliance servicing criteria assetbacked securities 331 us bank national association certificate administrator 332 us bank national association custodian see exhibit 331 333 wells fargo bank national association master servicer 334 rialto capital advisors llc special servicer 335 park bridge lender services llc operating advisor 336 corelogic commercial real estate services inc servicing function participant 337 national tax search llc servicing function participant attestation reports assessment compliance servicing criteria assetbacked securities 341 us bank national association certificate administrator 342 us bank national association custodian see exhibit 341 343 wells fargo bank national association master servicer 344 rialto capital advisors llc special servicer 345 park bridge lender services llc operating advisor 346 corelogic commercial real estate services inc servicing function participant 347 national tax search llc servicing function participant servicer compliance statements 351 us bank national association certificate administrator 352 us bank national association custodian 353 wells fargo bank national association master servicer 354 rialto capital advisors llc special servicer 991 mortgage loan purchase agreement dated september 18 2014 morgan stanley capital inc morgan stanley mortgage capital holdings llc filed exhibit 991 registrant’s current report form 8k filed october 1 2014 sec file 33318077911 incorporated reference herein 992 mortgage loan purchase agreement dated september 18 2014 morgan stanley capital inc bank america national association filed exhibit 992 registrant’s current report form 8k filed october 1 2014 sec file 33318077911 incorporated reference herein 993 mortgage loan purchase agreement dated september 18 2014 morgan stanley capital inc cibc inc filed exhibit 993 registrant’s current report form 8k filed october 1 2014 sec file 33318077911 incorporated reference herein b see item c applicable signatures pursuant requirements section 13 15d securities exchange act 1934 registrant duly caused report signed behalf undersigned thereunto duly authorized morgan stanley capital inc depositor george kok george kok president senior officer charge securitization depositor date april 2 2018 exhibit index exhibit description 41 pooling servicing agreement dated september 1 2014 morgan stanley capital inc depositor wells fargo bank national association master servicer rialto capital advisors llc special servicer park bridge lender services llc trust advisor us bank national association custodian trustee certificate administrator certificate registrar authenticating agent filed exhibit 41 registrant’s current report form 8ka filed october 17 2014 sec file 33318077911 incorporated reference herein rule 13a14d15d14d certifications reports assessment compliance servicing criteria assetbacked securities 331 us bank national association certificate administrator 332 us bank national association custodian see exhibit 331 333 wells fargo bank national association master servicer 334 rialto capital advisors llc special servicer 335 park bridge lender services llc operating advisor 336 corelogic commercial real estate services inc servicing function participant 337 national tax search llc servicing function participant attestation reports assessment compliance servicing criteria assetbacked securities 341 us bank national association certificate administrator 342 us bank national association custodian see exhibit 341 343 wells fargo bank national association master servicer 344 rialto capital advisors llc special servicer 345 park bridge lender services llc operating advisor 346 corelogic commercial real estate services inc servicing function participant 347 national tax search llc servicing function participant servicer compliance statements 351 us bank national association certificate administrator 352 us bank national association custodian 353 wells fargo bank national association master servicer 354 rialto capital advisors llc special servicer 991 mortgage loan purchase agreement dated september 18 2014 morgan stanley capital inc morgan stanley mortgage capital holdings llc filed exhibit 991 registrant’s current report form 8k filed october 1 2014 sec file 33318077911 incorporated reference herein 992 mortgage loan purchase agreement dated september 18 2014 morgan stanley capital inc bank america national association filed exhibit 992 registrant’s current report form 8k filed october 1 2014 sec file 33318077911 incorporated reference herein 993 mortgage loan purchase agreement dated september 18 2014 morgan stanley capital inc cibc inc filed exhibit 993 registrant’s current report form 8k filed october 1 2014 sec file 33318077911 incorporated reference herein item 15 exhibits financial statement schedules b see item c applicable signatures pursuant requirements section 13 15d securities exchange act 1934 registrant duly caused report signed behalf undersigned thereunto duly authorized morgan stanley capital inc depositor exhibit index exhibit description item 15 exhibits financial statement schedules exhibits b see item c applicable signatures pursuant requirements section 13 15d securities exchange act 1934 registrant duly caused report signed behalf undersigned thereunto duly authorized morgan stanley capital inc depositor jane lam jane lam president senior officer charge securitization depositor date march 26 2020 item 15 exhibits financial statement schedules exhibits b see item c applicable signatures pursuant requirements section 13 15d securities exchange act 1934 registrant duly caused report signed behalf undersigned thereunto duly authorized item 15 exhibits financial statement schedules exhibits b see item c applicable signatures pursuant requirements section 13 15d securities exchange act 1934 registrant duly caused report signed behalf undersigned thereunto duly authorized morgan stanley capital inc depositor george kok george kok president senior officer charge securitization depositor date march 29 2019