For the monthly distribution period from: February 17, 2024 to March 15, 2024
Commission File Number of issuing entity: 333-177891-08
Central Index Key Number of issuing entity: 0001609671
WFRBS
Commercial Mortgage Trust 2014-C21
(Exact name of issuing entity as specified in its charter)
Commission File Number of depositor: 333-177891
Central Index Key Number of depositor: 0001112998
RBS Commercial
Funding Inc.
(Exact name of depositor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0000740906
Wells Fargo
Bank, National Association
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0000729153
NatWest Markets
Plc (formerly known as The Royal Bank of Scotland plc)
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001541615
RBS Financial
Products Inc.
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001555501
Liberty Island
Group I LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001541214
C-III
Commercial Mortgage LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001542105
Basis Real
Estate Capital II, LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001577313
National
Cooperative Bank, N.A.
(Exact name of sponsor as specified in its charter)
Lisa Brower (203) 897-2700
(Name and telephone number, including area code, of the person to contact in
connection with this filing)
New York
(State or other jurisdiction of incorporation or organization of the issuing
entity)
38-3932250
38-3932251
38-3932252
38-7120249
(I.R.S. Employer Identification No.)
c/o
Computershare Trust Company, N.A., as agent for
Wells Fargo Bank, National Association
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity) (Zip Code)
(667) 786-1992
(Telephone number, including area code)
Not Applicable
(Former name, former address, if changed since last report)
Title of Class |
Section 12(b) |
Section 12(g) |
Section 15(d) |
Name of Exchange (If Section 12(b)) |
A-1 |
|
|
X |
|
A-2 |
|
|
X |
|
A-3 |
|
|
X |
|
A-4 |
|
|
X |
|
A-5 |
|
|
X |
|
A-SB |
|
|
X |
|
A-S |
|
|
X |
|
B |
|
|
X |
|
C |
|
|
X |
|
PEX |
|
|
X |
|
X-A |
|
|
X |
|
X-B |
|
|
X |
|
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No
Part I - DISTRIBUTION INFORMATION
Item 1. Distribution and Pool Performance Information.
On March 15, 2024 a distribution was made to holders of the certificates issued by WFRBS Commercial Mortgage Trust 2014-C21.
The distribution report is attached as an Exhibit to this Form 10-D, please see Item 10(b), Exhibit 99.1 for the related information.
The following table presents the loss information for the trust assets for the WFRBS Commercial Mortgage Trust 2014-C21 in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:
Number of Delinquencies 30+ days |
% of Delinquencies 30+ days by Pool Balance |
Number of Loans/REOs with Losses |
Average Net Loss |
3 |
9.11% |
6 |
$5,734,306.00 |
No assets securitized by RBS Commercial Funding Inc. (the "Depositor") and held by WFRBS Commercial Mortgage Trust 2014-C21 were the subject of a demand to repurchase or replace for breach of the representations and warranties contained in the underlying transaction documents during the monthly distribution period from February 17, 2024 to March 15, 2024, and there is no repurchase activity to report for that period.
The Depositor filed its latest Form ABS-15G on February 16, 2024. The CIK number of the Depositor is 0001112998.
Wells Fargo Bank, National Association ("Wells Fargo"), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G on February 8, 2024. The CIK number for Wells Fargo is 0000740906.
NatWest Markets Plc (formerly known as The Royal Bank of Scotland plc) ("NatWest plc"), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G on May 16, 2017. The CIK number for NatWest plc is 0000729153.
RBS Financial Products Inc. ("RBSFP"), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G on February 16, 2024. The CIK number for RBSFP is 0001541615.
Liberty Island Group I LLC ("LIG I"), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G on February 14, 2024. The CIK number for LIG I is 0001555501.
C-III Commercial Mortgage LLC ("C-III"), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G on January 12, 2024. The CIK number for C-III is 0001541214.
Basis Real Estate Capital II, LLC ("Basis"), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G on February 14, 2024. The CIK number for Basis is 0001542105.
National Cooperative Bank, N.A. ("NCB "), one of the sponsors and mortgage loan sellers, most recently filed a Form ABS-15G on February 1, 2024. The CIK number for NCB is 0001577313.
Part II - OTHER INFORMATION
Item 9. Other Information.
Computershare Trust Company, N.A., as agent for Wells Fargo Bank, N.A., in its capacity as Certificate Administrator for WFRBS Commercial Mortgage Trust 2014-C21, affirms the following amounts in the respective accounts:
Distribution Account Balance |
||
Prior Distribution Date |
02/16/2024 |
$122,387.69 |
Current Distribution Date |
03/15/2024 |
$2,190.78 |
Interest Reserve Account Balance |
||
Prior Distribution Date |
02/16/2024 |
$120,008.73 |
Current Distribution Date |
03/15/2024 |
$0.00 |
Item 10. Exhibits.
(a) The following is a list of documents filed as part of this Report on Form 10-D:
(b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
RBS Commercial Funding Inc.
(Depositor)
/s/ Adam Trebing
Adam Trebing, President
Date: March 28, 2024