other material
confidence high
sentiment neutral
materiality 0.35
WFRBS 2014-C20 trust corrects distribution error; $2.85M reallocated between Class B and D
WFRBS Commercial Mortgage Trust 2014-C20
- Additional principal of $2,851,173.01 paid to Class B Certificateholders due to correction of liquidation proceeds application.
- Overpayment of interest of $2,851,173.01 to Class D Certificateholders; adjustment expected on next distribution date.
- Correction relates to Sugar Creek I & II Mortgage Loan (Loan Number 4) liquidation proceeds from ASER recoveries and special servicer fees.
- Master Servicer notified Certificate Administrator on July 17 and July 21, 2026 of payment revisions.