GS Mortgage Securities Corporation II Trust Pass-Through Certificates Series 2005-ROCK

Transcription

1 DATES ADMINISTRATOR Payment Date: Apr 3, 2015 Prior Payment: Mar 3, 2015 Next Payment: May 4, 2015 First Payment Date: Jun 3, 2005 Closing Date: May 26, 2005 Cut-off Date: May 1, 2005 Final Distribution Date: May 5, 2025 Name: Title: Ann Kelly Account Administrator TABLE OF CONTENTS Address: 190 S. LaSalle St. 7th Fl. Chicago, IL Grantor Trust Page 1 Factor Detail Page 2 Principal Detail Page 3 Interest Detail Page 4 Miscellaneous Detail Page 5 Reconciliation of Funds Page 6 SWAP Calculations Page 7 Collateral/Remittance Summary Page 8 Ratings Page 9 Historical Delinquency & Liquidation (Stated) Page 10 Loan Level Detail Page 11 Appraisal Reduction Report Page 12 Interest Adjustment Reconciliation Page 13 Specially Serviced Loan Detail Page 14 Specially Serviced Loan Comment Page 15 Historical Loan Modification Report Page 16 Historical Liquidation Loss Loan Detail Page 17 Bond Collateral Realized Loss Reconciliation Page 18 Defeased Loan Detail Page 19 Events of Default Summary Page 20 Phone: Website: ann.kelly1@usbank.com PARTIES TO THE TRANSACTION Depositor: GS Mortgage Securities Corporation II Underwriter: Goldman Sachs & Co. Master Servicer: Wells Fargo Bank, N.A. Special Servicer: Wells Fargo Bank, N.A. Rating Agency: Moody's Investors Service, Inc./Standard & Poor's Ratings Services * This report contains, or is based on, information furnished to U.S. Bank Global Corporate Trust Services ("U.S. Bank") by one or more third parties (e.g. Servicers, Master Servicer, etc.), and U.S. Bank has not independently verified information received from any such third party.

2 GRANTOR TRUST Pass-Thru Original Beginning Principal Interest Total Negative Realized Ending Class Rate Balance Balance Distribution Distribution Distribution Amortization Loss Balance A % 437,316, ,316, ,955, ,955, ,316, A-FL % 725,000, ,000, , , ,000, X % 1,685,000, ,685,000, , , ,685,000, X % 1,685,000, ,685,000, ,685,000, B % 47,684, ,684, , , ,684, C % 57,723, ,723, , , ,723, C % 40,000, ,000, , , ,000, D % 69,046, ,046, , , ,046, E % 65,561, ,561, , , ,561, F % 65,560, ,560, , , ,560, G % 76,595, ,595, , , ,595, H % 43,651, ,651, , , ,651, J % 56,864, ,864, , , ,864, Q % Q % Totals: 1,685,000, ,685,000, ,277, ,277, ,685,000, Page 1 of 20

3 FACTOR DETAIL Yield Beginning Principal Interest Total Maintenance Ending Class Cusip Balance Distribution Distribution Distribution Default Premium Realized Loss Balance A 36228CUV3 1, , A-FL 36228CUW1 1, , X CUY7 1, , X CVH3 1, , B 36228CUZ4 1, , C CVA8 1, , C CVL4 1, , D 36228CVB6 1, , E 36228CVC4 1, , F 36228CVD2 1, , G 36228CVE0 1, , H 36228CVF7 1, , J 36228CVG5 1, , Q CVJ Q CVK Page 2 of 20

4 PRINCIPAL DETAIL Credit Support Beginning Principal Realized Loss Principal Realized Ending Class Balance Distribution Recovery Shortfall Loss Balance Original Current A 437,316, ,316, % 31.02% A-FL 725,000, ,000, % 31.02% B 47,684, ,684, % 28.19% C-1 57,723, ,723, % 24.76% C-2 40,000, ,000, % 22.39% D 69,046, ,046, % 18.29% E 65,561, ,561, % 14.40% F 65,560, ,560, % 10.51% G 76,595, ,595, % 5.97% H 43,651, ,651, % 3.37% J 56,864, ,864, % 0.00% Totals: 1,685,000, ,685,000, Page 3 of 20

5 INTEREST DETAIL Accrued Net Prepay Current Int Paid on Adv Yield Total Interest Cumulative Unpaid Certificate Interest Interest Interest from Default Maint/Prepay Distribution Interest Class Interest Shortfall Adjustment* Shortfalls Interest Premium Amount Shortfall A 1,955, ,955, A-FL 295, , X-1 554, , X B 243, , C-1 294, , C-2 180, , D 311, , E 298, , F 301, , G 358, , H 207, , J 277, , Q Q Totals: 5,277, ,277, * Includes reimbursement of previously allocated Realized Losses and Extraordinary Trust Fund Expenses Page 4 of 20

6 P&I Advances Advances Total Current Advance MISCELLANEOUS DETAIL Miscellaneous Balances Beginning Stated Principal Balance 1,685,000, Ending Stated Principal Balance 1,685,000, Total Not Provided by Servicer Actual Ending Principal Balance 1,685,000, *Beginning *Ending Outstanding Outstanding Current LIBOR % Advance Advance Total ,188, Reimbursement of Nonrecoverable Advances - Left to Reimburse 0.00 Mortgage Loan Events Event of Default Description YES/NO NO Unreimbursed Advances Servicing Expense Total Servicing Assumption of Loan by a Qualified Advances Special Servicer Adv Outstanding Successor Borrower NO Total * Outstanding P&I Advances include the current period P&I Advances and may include Servicing Advances Page 5 of 20

7 RECONCILIATION OF FUNDS Funds Collection Funds Distribution Interest Fees Scheduled Interest 8,188, Servicing Fee 29, Retained Fees (29,019.45) Trustee Fee 1, Interest Adjustments 0.00 Fee Distributions 30, Deferred Interest 0.00 Net Prepayment Interest Shortfall 0.00 Other Expenses of the Trust Net Prepayment Interest Excess 0.00 Reimbursed for Interest on Advances 0.00 Interest Reserve (Deposit)/Withdrawal 0.00 Net ASER Amount 0.00 Interest Collections 8,159, Special Servicing Fee 0.00 Workout Fee 0.00 Principal Liquidation Fee 0.00 Scheduled Principal 0.00 Stop Advance Interest 0.00 Unscheduled Principal 0.00 Other Interest Adjustment 0.00 Principal Adjustments 0.00 Modification Shortfall 0.00 Principal Collections 0.00 Non-Recoverable Advances 0.00 Other Fees 0.00 Other Other Expenses of the Trust 0.00 Prepayment Premiums 0.00 ARD Excess Interest 0.00 Payments to Certificateholders Other Collections 0.00 Interest Distribution 5,277, Principal Distribution 0.00 Total Funds Collected 8,159, Yield Maintenance Default Premium 0.00 Payments to Certificateholders 5,277, Trustee Fee 1, Net Swap payment 2,880, Remittance P&I Due Certs 8,157, Total Funds Distribution 8,157, Net Difference: 0.00 Page 6 of 20

8 SWAP CALCULATIONS Notional Rate Amount Class A-FL Fixed Payer: 725,000, % 3,175, Float Payer: 725,000, % 295, SWAP Contract Yield Maintenance Amount Amount Prepayment Premiums Shortfall Received Paid Paid Amount Class A-FL ,880, Page 7 of 20

9 COLLATERAL / REMITTANCE SUMMARY - GROUP POOL BALANCE INFORMATION: Beginning Balance Less: Principal Remittance Plus: Negative Amortization Less: Net Realized Losses Less: Non-cash principal adjustment Ending Balance PRINCIPAL REMITTANCE: Scheduled Principal Prepayments Curtailments Net Liquidation Proceeds Total Principal Remittance (A) INTEREST REMITTANCE: Gross Interest ^ Less: Total Retained Fees * Less: Interest Reserve Activity Less: Net Prepayment Interest Shortfall Less: Net Nonrecoverable Advances Plus: ARD Excess Interest Plus: Prepayment Premiums Plus: Yield Maintenance Premiums Other Funds/Shortfalls ** Total Interest Remittance (B) $1,685,000, $1,685,000, $8,188, $29, $8,159, OTHER INFORMATION: Beginning Loan Count Ending Loan Count Weighted Average Coupon Weighted Average Net Coupon Liquidated Loans - Balance NON-RETAINED FEES: Trustee Fee Other Fees * RETAINED FEES: Master Servicing Fee Fee Strips paid to Servicer Special Servicing Fee Workout Fee Liquidation Fee Miscellaneous Fees/Expenses ** OTHER FUNDS: Other Interest Adjustments ** OTHER SHORTFALLS: Net ASER Interest Advance Reduction Interest on Advances Interest Loss % % $1, $29, REMITTANCE TO TRUST (A+B): $8,159, Page 8 of 20

10 RATING INFORMATION Moody's Investors Service, Inc. Standard & Poor's Rating Services Class CUSIP Orig Rating Current Change Date Orig Rating Current Change Date A 36228CUV3 Aaa Aaa 14-Aug-14 AAA AAA 1-Jun-05 A-FL 36228CUW1 Aaa Aaa 14-Aug-14 AAA AAA 1-Jun-05 B 36228CUZ4 Aa1 Aa1 14-Aug-14 AAA AAA 1-Jun-05 C CVA8 Aa3 Aa2 14-Aug-14 AAA AAA 1-Jun-05 C CVL4 NR NR 23-Mar-12 AAA AAA 1-Jun-05 D 36228CVB6 NR NR 10-May-05 AAA AAA 1-Jun-05 E 36228CVC4 A2 A1 14-Aug-14 AA+ AA+ 1-Jun-05 F 36228CVD2 A3 A2 14-Aug-14 AA AA 1-Jun-05 G 36228CVE0 Baa1 A3 14-Aug-14 A+ A+ 1-Jun-05 H 36228CVF7 Baa2 Baa1 14-Aug-14 A A 1-Jun-05 J 36228CVG5 Baa3 Baa2 14-Aug-14 A- BB+ 7-Dec-12 Q CVJ9 NR NR 10-May-05 N/A N/A N/A Q CVK6 NR NR 10-May-05 N/A N/A N/A X CUY7 Aaa Aa3 14-Aug-14 AAA AAA 1-Jun-05 X CVH3 NR NR 10-May-05 N/A N/A N/A Asset Status Legend N - Notched / Implied Rating E - Credit Estimate CW- CW+ S - Shadow Rated DEF - In Default - Credit Watch with negative implications - Credit Watch with positive implications NR-Designates that the class was not rated by the rating agency (1) Current ratings provided on this report are based on information provided by the applicable rating agency via electronic transmission. It shall be understood that this transmission will generally have been provided to US Bank within 30 days of the payment date listed on this statement. Because ratings may have changed during the 30 day window, or may not be provided by the rating agency in an electronic format and therefore not being updated on this report, US Bank recommends that investors obtain current rating information directly from the rating agency. Page 9 of 20

11 HISTORICAL DELINQUENCY & LIQUIDATION SUMMARY (STATED BALANCE) (1) (1) (1) 30 Days Delinq 60 Days Delinq 90+ Days Delinq Bankruptcy Foreclosure REO Prepayments Month Count Balance % (2) Count Balance (2) (2) (2) (2) (2) (2) % Count Balance % Count Balance % Count Balance % Count Balance % Count Balance % Apr % % % % % % % Mar % % % % % % % Feb % % % % % % % Jan % % % % % % % Dec % % % % % % % Nov % % % % % % % Oct % % % % % % % Sep % % % % % % % Aug % % % % % % % Jul % % % % % % % Jun % % % % % % % May % % % % % % % Apr % % % % % % % Mar % % % % % % % Feb % % % % % % % (1) Exclusive of loans in Bankruptcy, Foreclosure and REO (2) Percentage in relation to Ending Scheduled Balance Page 10 of 20

12 LOAN LEVEL DETAIL Loan ID Property Type Transfer Date State Maturity Date Neg Am End Schedule Balance Note Rate Sched P&I Prepay Adj Prepay Date Paid Thru Prepay Loan Premium Status ** Interest Payment Yield Maint Charges PFY Operating DSCR Stmnt 1 Mixed Use NY 05/01/25 N 437,316, ,125, /01/ A 2,125, /31/13 2 Mixed Use NY 05/01/25 N 725,000, ,523, /01/ A 3,523, Mixed Use NY 05/01/25 N 47,684, , /01/ A 231, Mixed Use NY 05/01/25 N 57,723, , /01/ A 280, Mixed Use NY 05/01/25 N 40,000, , /01/ A 194, Mixed Use NY 05/01/25 N 69,046, , /01/ A 335, Mixed Use NY 05/01/25 N 65,561, , /01/ A 318, Mixed Use NY 05/01/25 N 65,560, , /01/ A 318, Mixed Use NY 05/01/25 N 76,595, , /01/ A 372, Mixed Use NY 05/01/25 N 43,651, , /01/ A 212, Mixed Use NY 05/01/25 N 56,864, , /01/ A 276, Count: 11 Totals: 1,685,000, ,188, ,188, * If State field is blank or 'XX', loan has properties in multiple states. ** Loan Status: A = Payment not received but still in grace period; B = Late Payment but less than 30 days delinquent; 0 = Current; 1 = Days Delinquent; 2 = Days Delinquent; 3 = 90+ Days Delinquent; 4 = Performing Matured Balloon; 5 = Non-Performing Matured Balloon; R = Repurchased. Page 11 of 20

13 APPRAISAL REDUCTION REPORT Loan ID Property Name Paid Through Date ARA (Appraisal Reduction Amount) ARA Date Most Recent Value Most Recent Valuation Date Most Recent Net ASER Amount Cumulative ASER Amount Count: Totals: Page 12 of 20

14 INTEREST ADJUSTMENT RECONCILIATION Loan ID Current Ending Scheduled Balance Special Servicing Fee Amount plus Adjustments Liquidation Fee Amount Workout Fee Amount Most Recent Net ASER Amount Prepayment Interest (Excess)/ Shortfall * Non- Recoverable (Scheduled Interest Not Advanced)** Reimbursed Interest on Advances Modified Interest Rate Reimbursement of Advances to Servicer Reduction/ (Excess) Current Month Outstanding Other Shortfalls/ (Refunds) Count: Totals: Total Interest Shortfall hitting the Trust: 0.00 *Total shortfall may not match impact to bonds due to, but not limited to, the net effect of PPIE and Master Servicing fees received as per the governing documents. **In some cases, the Servicer does not withhold their Servicing Fees on Non-Recoverable loans. Page 13 of 20

15 SPECIALLY SERVICED (PART I) - LOAN DETAIL Loan ID Servicing Xfer Date Loan Status Schedule Balance Actual Balance Note Rate Maturity Date Remaining Life Property Type Geo. Location NOI DSCR NOI Date Count: Totals: (1) Legend: A (P&I Adv - In Grace Period), B (P&I Adv <= 1 Month Delinq), 1 (P&I Adv - 1 Month Delinq), 2 (P&I Adv - 2 Months Delinq), 3 (P&I Adv - 3 Plus Months Delinq), 4 (Mat. Balloon/Assumed P&I), 5 (Non Performing Mat. Balloon) Page 14 of 20

16 SPECIALLY SERVICED (PART II) - SERVICER COMMENTS Loan ID Resolution Strategy Comments Page 15 of 20

17 HISTORICAL LOAN MODIFICATION REPORT Loan ID Ending Scheduled Balance Ending Unpaid Balance Comments Page 16 of 20

18 HISTORICAL LIQUIDATION LOSS LOAN DETAIL Loan ID Liquidation Month Liquidation / Prepayment Code * Current Beginning Scheduled Balance Most Recent Value ** Net Proceeds Received on Liquidation Liquidation Expense Net Proceeds Available for Distribution Realized Loss to Trust Count: Totals: * Liquidation / Prepayment Code: 1 - Partial Liq'n (Curtailment); 2 - Payoff Prior To Maturity; 3 - Disposition / Liquidation; 4 - Repurchase/ Substitution; 5 - Full Payoff At Maturity; 6 - DPO; 7 - Liquidated; 8 - Payoff w/ penalty; 9 - Payoff w/ yield Maintenance; 10 - Curtailment w/ Penalty; 11 - Curtailment w/ Yield Maintenance ** Reported as of liquidation period. If not provided by the servicer, Most Recent Value is as of cutoff. Page 17 of 20

19 BOND/COLLATERAL REALIZED LOSS RECONCILIATION Loan ID Period Beginning Balance of the Loan at Liquidation Aggregate Realized Loss on Loans Prior Realized Loss Applied to Certificates Amounts Covered by Overcollateraliz ation and other Credit Support Interest (Shortages) / Excesses applied to Realized Loss Modification Adjustments / Appraisal Reduction Adjustment Additional (Recoveries) / Expenses applied to Realized Loss A B C D E Current Realized Loss Applied to Certificates* Recoveries of Realized Losses paid as Cash Recoveries / Loss to Certificate Interest Loan Count: Totals: Description of Fields A B C D E *In the Initial Period the Current Realized Loss Applied to Certificates will equal Aggregate Realized Loss on Loans - B - C - D + E instead of A - C - D + E Prior Realized Loss Applied to Certificates Reduction to Realized Loss applied to bonds (could represent OC, insurance policies, reserve accounts, etc) Amounts classified by the Master as interest adjustments from general collections on a loan with a Realized Loss Adjustments that are based on principal haircut or future interest foregone due to modification Realized Loss Adjustments, Supplemental Recoveries or Expenses on a previously liquidated loan Page 18 of 20

20 DEFEASED LOAN DETAIL Loan ID Current Ending Scheduled Balance Maturity Date Current Note Rate Defeasance Status * Count: Totals: * Defeasance Status: P = Portion of Loan Previously Defeased. F = Full Defeasance. Page 19 of 20

21 EVENT OF DEFAULT Loan ID Comment Page 20 of 20