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No adverse rating impact on CGCMT 2014-GC19 following the proposed transfer of special servicing rights

[non-NRSRO] Auto Loan ABS Program 2112 Series -- Moody's assigns definitive rating to Auto Loan ABS Program 2112 Series
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Rating Action: Moody’s: No negative rating impact on CGCMT 2014-GC19 following proposed transfer of rights to private service Global Credit Research – January 21, 2022 New York, January 21, 2022 – Moody’s Investors Service (“Moody’s”) announced today that the proposed removal of Midland Corporation Loan Services, LLC, acting as the Private Service Provider and appointing LNR Partners, LLC as the Private Server for the Citigroup Commercial Mortgage Trust 2014-GC19 (“CCCMT 2014-GC19”) in accordance with the provisions of the Collection and Services Agreement by the Certificateholder Guidance of CGCMT 2014-GC19, to the extent As of this point in time, it will not result in a downgrade or placement in review for a possible downgrade or withdrawal of Moody’s current ratings of CGCMT 2014-GC19. The proposed conversion would exclude the unserved accompanying loans held by the deal. The methodologies used to monitor ratings are the “US and Canadian Fusion Commercial Mortgage-Backed Citizenship Securities Methodology” published in November 2021, “Moody’s Approach to Rating Structured Finance Interest-Only Securities (IO)” published in February 2019, and Moody’s Approach to Rating Securities Recompiled Finance” published June 2020. Please see the rating methodologies page at www.moodys.com for a copy of these methodologies. Moody’s opinions address only the fiduciary impact associated with the proposed transfer of Special Service Rights, and Moody’s expresses no opinion as to whether the proposed transfer of Special Service Rights has, or could have, other non-credit effects that may have a detrimental effect on the interests of Shareholders, rated obligations and/or counterparties This publication does not advertise a credit rating action. For any credit ratings referenced in this publication, please see the Ratings tab on the issuer/entity page at www.moodys.com for the latest credit rating action and rating history information. Kevin Lee Assistant Vice President – Analyst Structured Finance Group Moody’s Investors Service, Inc. 250 Greenwich Street New York, NY 10007 USA JOURNALISTS: 1212553 0376 Customer Service: 1 212553 1653 Vice President – Senior Credit Officer, Structured Finance Group Press: 1212553 0376 Customer Service: 1 212553 1653 Release Office: Moody’s Investors Service, Inc. 250 Greenwich Street New York, NY 10007 USA JOURNALISTS: 1212553 0376 Customer Service: 1212553 1653 © 2022 Moody’s Corporation, Moody’s Investors Service, Inc. and Moody’s Analytics, Inc. and/or its licensors and affiliates (collectively, “MOODY’S”). all rights are save. 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