other
confidence high
sentiment negative
materiality 0.30
GS Mortgage Trust 2015-GC34 corrects distribution error with $331K principal clawback from Class A-4
GS Mortgage Securities Trust 2015-GC34
- Non-recoverable advances incorrectly omitted from Class A-4 principal; caused overpayments and underpayments across four other classes.
- November 2025: $331,587 principal clawed back from Class A-4 and reallocated as interest to Class A-4 ($3,148), X-A ($1,050), A-S ($299,260), and B ($28,130).
- December 2025: additional $1,256 principal clawed back from Class A-4; $969 paid to A-4 and $288 to X-A as interest.
- January 2026: $147 interest reallocated from X-A and X-B to Class A-4 to correct prior underpayment.
- Future distributions will use corrected ending principal balances for affected classes.