Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 |
CONTACT INFORMATION | |
Depositor | Sequoia Residential Funding, Inc. |
Trustee | Wilmington Trust, National Association |
Master Servicer | CitiMortgage, Inc. |
CONTENTS | |
Distribution Summary | 2 |
Distribution Summary (Factors) | 3 |
Interest Distribution | 4 |
Principal Distribution | 5 |
Reconciliation Detail | 6 |
Collateral Summary | 7 |
Stratification Detail | 8 |
Delinquency Information | 9 |
Standard Prepayment and Default Information | 11 |
Distribution Waterfall Detail | 12 |
Other Information | 13 |
Asset Level Detail | 14 |
Deal Contact: | Karen Schluter | Citibank, N.A. |
karen.schluter@citi.com | Agency and Trust | |
Tel: (212) 816-5827 | 388 Greenwich Street | |
New York, NY 10013 |
Reports Available at | sf.citidirect.com | Page 1 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
DISTRIBUTION IN DOLLARS | Distribution Summary |
Prior | Pass- | Current | ||||||||||||||||||||||
Original | Principal | Through | Accrual | Accrual | Interest | Principal | Total | Balance | Realized | Principal | ||||||||||||||
Class | Balance | Balance | Rate | Day Count | Dates | Distributed | Distributed | Distributed | Change | Loss | Balance | |||||||||||||
(1 | ) | (2 | ) | (3 | ) | (4 | ) | (5 | ) | (6 | ) | (7 | ) | (8 | ) | (9)= | (7 | +8) | (10 | ) | (11 | ) | (12)= | (3-8+10-11) |
A-1 | 393,959,000.00 | 41,248,840.81 | 3.000000 | % | 30 / 360 | 10/01 - 10/31 | 103,122.10 | 141,411.64 | 244,533.74 | 0.00 | 0.00 | 41,107,429.17 | ||||||||||||
A-2 | 23,528,000.00 | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
A-3 | 10,000,000.00 | 3,510,495.08 | 3.000000 | % | 30 / 360 | 10/01 - 10/31 | 8,776.24 | 12,034.88 | 20,811.12 | 0.00 | 0.00 | 3,498,460.20 | ||||||||||||
B-1 | 9,663,000.00 | 2,064,960.52 | 3.487439 | % | 30 / 360 | 10/01 - 10/31 | 6,001.19 | 12,793.20 | 18,794.39 | 0.00 | 0.00 | 2,052,167.32 | ||||||||||||
B-2 | 7,593,000.00 | 1,622,606.37 | 3.487439 | % | 30 / 360 | 10/01 - 10/31 | 4,715.62 | 10,052.65 | 14,768.27 | 0.00 | 0.00 | 1,612,553.72 | ||||||||||||
B-3 | 6,902,000.00 | 1,474,941.29 | 3.487439 | % | 30 / 360 | 10/01 - 10/31 | 4,286.47 | 9,137.81 | 13,424.28 | 0.00 | 0.00 | 1,465,803.48 | ||||||||||||
B-4 | 3,681,000.00 | 786,621.10 | 3.487439 | % | 30 / 360 | 10/01 - 10/31 | 2,286.08 | 4,873.41 | 7,159.49 | 0.00 | 0.00 | 781,747.69 | ||||||||||||
B-5 | 4,832,464.00 | 4,801,835.39 | 3.487439 | % | 30 / 360 | 10/01 - 10/31 | 13,955.09 | 0.00 | 13,955.09 | 0.00 | 0.00 | 4,801,835.39 | ||||||||||||
R | 0.00 | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
LT-R | 0.00 | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
Totals | 460,158,464.00 | 55,510,300.56 | 143,142.79 | 190,303.59 | 333,446.38 | 0.00 | 0.00 | 55,319,996.97 |
Notional Classes | ||||||||||||
A-IO1 | 23,528,000.00 | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
A-IO2 | 427,487,000.00 | 44,759,335.89 | 0.487439 | % | 30 / 360 | 10/01 - 10/31 | 18,181.22 | 0.00 | 18,181.22 | 0.00 | 0.00 | 44,605,889.36 |
Totals | 451,015,000.00 | 44,759,335.89 | 18,181.22 | 0.00 | 18,181.22 | 0.00 | 0.00 | 44,605,889.36 |
Reports Available at | sf.citidirect.com | Page 2 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
PER $1,000 OF ORIGINAL BALANCE | Distribution Summary (Factors) |
Prior | Current | |||||||||
Record | Principal | Interest | Principal | Total | Balance | Realized | Principal | |||
Class | CUSIP(s) | Date | Balance | Distributed | Distributed | Distributed | Change | Loss | Balance | |
(3/2 x 1000) | (7/2 x 1000) | (8/2 x 1000) | (9/2 x 1000) | (10/2 x 1000) | (11/2 x 1000) | (12/2 x 1000) | ||||
A-1 | 81745 | EAA7 | 10/31/2022 | 104.703385 | 0.261758 | 0.358950 | 0.620709 | 0.000000 | 0.000000 | 104.344435 |
A-2 | 81745 | EAK5 | 10/31/2022 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
A-3 | 81745 | EAL3 | 10/31/2022 | 351.049508 | 0.877624 | 1.203488 | 2.081112 | 0.000000 | 0.000000 | 349.846020 |
B-1 | 81745 | EAC3 | 10/31/2022 | 213.697663 | 0.621048 | 1.323937 | 1.944985 | 0.000000 | 0.000000 | 212.373727 |
B-2 | 81745 | EAD1 | 10/31/2022 | 213.697665 | 0.621048 | 1.323937 | 1.944985 | 0.000000 | 0.000000 | 212.373728 |
B-3 | 81745 | EAE9 | 10/31/2022 | 213.697666 | 0.621048 | 1.323937 | 1.944984 | 0.000000 | 0.000000 | 212.373729 |
B-4 | 81745 | EAF6 | 10/31/2022 | 213.697664 | 0.621049 | 1.323936 | 1.944985 | 0.000000 | 0.000000 | 212.373727 |
B-5 | 81745 | EAG4 | 10/31/2022 | 993.661906 | 2.887779 | 0.000000 | 2.887779 | 0.000000 | 0.000000 | 993.661906 |
R | 81745 | EAH2 | 10/31/2022 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
LT-R | 81745 | EAJ8 | 10/31/2022 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
A-IO1 | 81745 | EAB5 | 10/31/2022 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
A-IO2 | 81745 | VAA9 | 10/31/2022 | 104.703385 | 0.042530 | 0.000000 | 0.042530 | 0.000000 | 0.000000 | 104.344435 |
Reports Available at | sf.citidirect.com | Page 3 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
DISTRIBUTION IN DOLLARS | Interest Distribution Detail |
Prior | Pass- | Next Pass- | Interest | Optimal | Prior | Interest on | Non-Recov. | Current | |||||||||||||||||
Principal | Through | Through | Accrual Day | Accrued | Unpaid | Prior Unpaid | Interest | Interest | Deferred | Interest | Unpaid | ||||||||||||||
Class | Balance | Rate | Rate | Cnt Fraction | Interest | Interest | Interest | Shortfall | Due | Interest | Distributed | Interest | |||||||||||||
(1 | ) | (2 | ) | (3 | ) | (4 | ) | (5 | ) | (6 | ) | (7 | ) | (8 | ) | (9 | ) | (10)= | (6)+(7)+(8)-(9) | (11 | ) | (12 | ) | (13)= | (10)-(11)-(12) |
A-1 | 41,248,840.81 | 3.000000 | % | 3.000000 | % | 30 / 360 | 103,122.10 | 0.00 | 0.00 | 0.00 | 103,122.10 | 0.00 | 103,122.10 | 0.00 | |||||||||||
A-2 | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
A-3 | 3,510,495.08 | 3.000000 | % | 3.000000 | % | 30 / 360 | 8,776.24 | 0.00 | 0.00 | 0.00 | 8,776.24 | 0.00 | 8,776.24 | 0.00 | |||||||||||
B-1 | 2,064,960.52 | 3.487439 | % | 3.487587 | % | 30 / 360 | 6,001.19 | 0.00 | 0.00 | 0.00 | 6,001.19 | 0.00 | 6,001.19 | 0.00 | |||||||||||
B-2 | 1,622,606.37 | 3.487439 | % | 3.487587 | % | 30 / 360 | 4,715.62 | 0.00 | 0.00 | 0.00 | 4,715.62 | 0.00 | 4,715.62 | 0.00 | |||||||||||
B-3 | 1,474,941.29 | 3.487439 | % | 3.487587 | % | 30 / 360 | 4,286.47 | 0.00 | 0.00 | 0.00 | 4,286.47 | 0.00 | 4,286.47 | 0.00 | |||||||||||
B-4 | 786,621.10 | 3.487439 | % | 3.487587 | % | 30 / 360 | 2,286.08 | 0.00 | 0.00 | 0.00 | 2,286.08 | 0.00 | 2,286.08 | 0.00 | |||||||||||
B-5 | 4,801,835.39 | 3.487439 | % | 3.487587 | % | 30 / 360 | 13,955.09 | 939.36 | 0.00 | 0.00 | 14,894.45 | 0.00 | 13,955.09 | 939.36 | |||||||||||
R | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
LT-R | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
Totals | 55,510,300.56 | 143,142.79 | 939.36 | 0.00 | 0.00 | 144,082.15 | 0.00 | 143,142.79 | 939.36 |
Notional Classes | ||||||||||||||
A-IO1 | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
A-IO2 | 44,759,335.89 | 0.487439 | % | 0.487587 | % | 30 / 360 | 18,181.22 | 0.00 | 0.00 | 0.00 | 18,181.22 | 0.00 | 18,181.22 | 0.00 |
Totals | 44,759,335.89 | 18,181.22 | 0.00 | 0.00 | 0.00 | 18,181.22 | 0.00 | 18,181.22 | 0.00 |
Reports Available at | sf.citidirect.com | Page 4 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
DISTRIBUTION IN DOLLARS | Principal Distribution Detail |
Prior | Scheduled | Unscheduled | Current | Current | Current | Cumulative | Original | Current | Original Current | |||||||||||||||||||
Original | Principal | Principal | Principal | Balance | Realized | Principal | Principal | Realized | Class | Class | Credit | Credit | ||||||||||||||||
Class | Balance | Balance | Distribution | Distribution | Change | Losses | Recoveries | Balance | Losses | (%) | (%) | Support Support | ||||||||||||||||
(1 | ) | (2 | ) | (3 | ) | (4 | ) | (5 | ) | (6 | ) | (7 | ) | (8 | ) | (9)= | (3)-(4)-(5)+(6)- | (10 | ) | (11 | ) | (12 | ) | (13 | ) | (14 | ) | |
(7)+ | (8 | ) | ||||||||||||||||||||||||||
A-1 | 393,959,000.00 | 41,248,840.81 | 132,134.08 | 9,277.57 | 0.00 | 0.00 | 0.00 | 41,107,429.17 | 0.00 | 85.61 | % | 74.31 | % | 7.10 | % | 19.37 | % | |||||||||||
A-2 | 23,528,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.11 | % | 0.00 | % | 7.10 | % | N/A | ||||||||||||
A-3 | 10,000,000.00 | 3,510,495.08 | 11,245.31 | 789.57 | 0.00 | 0.00 | 0.00 | 3,498,460.20 | 0.00 | 2.17 | % | 6.32 | % | 7.10 | % | 19.37 | % | |||||||||||
B-1 | 9,663,000.00 | 2,064,960.52 | 11,953.88 | 839.32 | 0.00 | 0.00 | 0.00 | 2,052,167.32 | 0.00 | 2.10 | % | 3.71 | % | 5.00 | % | 15.66 | % | |||||||||||
B-2 | 7,593,000.00 | 1,622,606.37 | 9,393.13 | 659.52 | 0.00 | 0.00 | 0.00 | 1,612,553.72 | 0.00 | 1.65 | % | 2.92 | % | 3.35 | % | 12.74 | % | |||||||||||
B-3 | 6,902,000.00 | 1,474,941.29 | 8,538.31 | 599.50 | 0.00 | 0.00 | 0.00 | 1,465,803.48 | 0.00 | 1.50 | % | 2.65 | % | 1.85 | % | 10.09 | % | |||||||||||
B-4 | 3,681,000.00 | 786,621.10 | 4,553.68 | 319.73 | 0.00 | 0.00 | 0.00 | 781,747.69 | 0.00 | 0.80 | % | 1.41 | % | 1.05 | % | 8.68 | % | |||||||||||
B-5 | 4,832,464.00 | 4,801,835.39 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4,801,835.39 | 30,628.61 | 1.05 | % | 8.68 | % | 0.00 | % | 0.00 | % | |||||||||||
Totals | 460,158,464.00 | 55,510,300.56 | 177,818.39 | 12,485.21 | 0.00 | 0.00 | 0.00 | 55,319,996.97 | 30,628.61 | 100 | % | 100 | % |
Reports Available at | sf.citidirect.com | Page 5 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
Reconciliation Detail |
SOURCE OF FUNDS | |||
Interest Funds Available | |||
Scheduled Interest | 173,813.89 | ||
Uncompensated PPIS | 0.00 | ||
Relief Act Shortfall | 0.00 | ||
Losses in Excess of Principal Balance | 0.00 | ||
Stop Advance Interest | 0.00 | ||
Other Interest Amounts | 0.00 | ||
Total Interest Funds Available: | 173,813.89 | ||
Principal Funds Available | |||
Scheduled Principal | 177,818.39 | ||
Curtailments | 12,447.90 | ||
Curtailments Adjustments | 37.31 | ||
Prepayments in Full | 0.00 | ||
Liquidation Principal | 0.00 | ||
Repurchased Principal | 0.00 | ||
Other Principal | 0.00 | ||
Substitution Principal | 0.00 | ||
Principal Losses and Forgiveness | 0.00 | ||
Subsequent Recoveries / (Losses) | 0.00 | ||
Total Principal Funds Available: | 190,303.60 | ||
Total Funds Available | 364,117.49 |
ALLOCATION OF FUNDS | ||
Scheduled Fees | ||
Master Servicing Fee | 0.00 | |
Servicing Fee | 11,564.69 | |
Trustee Fee | 55.54 | |
Securities Adminstrator Fee | 869.65 | |
Total Scheduled Fees: | 12,489.88 | |
Additional Fees, Expenses, etc. | ||
Trust Fund Expenses | 0.00 | |
Other Expenses | 0.00 | |
Total Additional Fees, Expenses, etc.: | 0.00 | |
Distributions | ||
Interest Distribution | 161,324.01 | |
Principal Distribution | 190,303.60 | |
Total Distributions: | 351,627.61 | |
Total Funds Allocated | 364,117.49 |
Reports Available at | sf.citidirect.com | Page 6 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
Collateral Summary |
ASSET CHARACTERISTICS | ||||||||
Cut-Off | Beginning | Ending | Delta or % of Orig | |||||
Aggregate Stated Principal Balance | 460,158,464.20 | 55,510,300.64 | 55,319,997.04 | 12.02 | % | |||
Aggregate Actual Principal Balance | 460,158,464.20 | 55,640,022.63 | 55,454,448.96 | 12.05 | % | |||
Loan Count | 603 | 93 | 93 | 510 | ||||
Weighted Average Coupon Rate (WAC) | 3.834553 | % | 3.757442 | % | 3.757587 | % | -0.076966 | % |
Net Weighted Average Coupon Rate (Net WAC) | 3.564553 | % | 3.487442 | % | 3.487587 | % | -0.076966 | % |
Weighted Average Remaining Term (WART in months) | 357 | 244 | 243 | 114 |
AVAILABLE PRINCIPAL | |
Scheduled Principal | 177,818.39 |
Curtailments | 12,447.90 |
Curtailments Adjustments | 37.31 |
Prepayments in Full | 0.00 |
Liquidation Principal | 0.00 |
Repurchased Principal | 0.00 |
Other Principal | 0.00 |
Substitution Principal | 0.00 |
Principal Losses and Forgiveness | 0.00 |
Subsequent Recoveries / (Losses) | 0.00 |
TOTAL AVAILABLE PRINCIPAL | 190,303.60 |
Realized Loss Summary | |
Principal Losses and Forgiveness | 0.00 |
Losses in Excess of Principal Balance | 0.00 |
Subsequent (Recoveries) / Losses | 0.00 |
Cumulative Realized Losses | 30,628.61 |
AVAILABLE INTEREST | ||
Scheduled Interest | 173,813.89 | |
Less: | Servicing Fee | 11,564.69 |
Trustee Fee | 55.54 | |
Securities Adminstrator Fee | 869.65 | |
Uncompensated PPIS | 0.00 | |
Relief Act Shortfall | 0.00 | |
Other Expenses | 0.00 | |
Losses in Excess of Principal Balance | 0.00 | |
Stop Advance Interest | 0.00 | |
Other Interest Amounts | 0.00 | |
TOTAL AVAILABLE INTEREST | 161,324.01 |
Reports Available at | sf.citidirect.com | Page 7 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
Stratification Detail |
Loan Rate | ||||||
# of | Ending Sched | % of Agg | ||||
Loan Rate | Loans | Balance | Balance | WAC | WART | |
3.00 or Less | 1 | 376,837.56 | 0.68 | 3.0000 | 67 | |
3.01 to 3.15 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
3.16 to 3.30 | 2 | 1,058,521.93 | 1.91 | 3.2500 | 228 | |
3.31 to 3.45 | 3 | 2,655,143.67 | 4.80 | 3.3750 | 245 | |
3.46 to 3.60 | 8 | 6,180,108.15 | 11.17 | 3.5043 | 235 | |
3.61 to 3.75 | 37 | 20,276,303.16 | 36.65 | 3.7109 | 245 | |
3.76 to 3.90 | 30 | 17,919,880.85 | 32.39 | 3.8750 | 246 | |
3.91 to 4.05 | 7 | 3,646,297.03 | 6.59 | 4.0000 | 246 | |
4.06 to 4.20 | 3 | 1,730,785.08 | 3.13 | 4.1250 | 246 | |
4.21 to 4.35 | 2 | 1,476,119.61 | 2.67 | 4.2500 | 245 | |
4.36 to 4.50 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
4.51 to 4.65 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
4.66 to 4.80 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
4.81 to 4.95 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
Totals | 93 | 55,319,997.04 | 100.00 | 3.7576 | 243 |
Ending Scheduled Balance | |||||
Ending Sched | # of | Ending Sched | % of Agg | ||
Balance | Loans | Balance | Balance | WAC | WART |
1 to 150,000 | 1 | 134,538.60 | 0.24 | 3.8750 | 246 |
150,001 to 300,000 | 6 | 1,275,598.51 | 2.31 | 3.7549 | 231 |
300,001 to 450,000 | 13 | 5,238,743.49 | 9.47 | 3.6827 | 233 |
450,001 to 600,000 | 33 | 17,445,936.82 | 31.54 | 3.8061 | 242 |
600,001 to 750,000 | 20 | 13,253,010.82 | 23.96 | 3.8257 | 246 |
750,001 to 900,000 | 13 | 10,651,957.07 | 19.26 | 3.6890 | 246 |
900,001 to 1,050,000 | 5 | 4,884,058.09 | 8.83 | 3.6732 | 245 |
1,050,001 to 1,200,000 | 1 | 1,072,034.54 | 1.94 | 3.8750 | 245 |
1,200,001 to 1,350,000 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
1,350,001 to 1,500,000 | 1 | 1,364,119.10 | 2.47 | 3.5000 | 245 |
Totals | 93 | 55,319,997.04 | 100.00 | 3.7576 | 243 |
Reports Available at | sf.citidirect.com | Page 8 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
Delinquency Information |
DELINQUENT | BANKRUPTCY | FORECLOSURE | REO | TOTAL | ||||||||||||||||||||
Days | Balance | Count | Days | Balance | Count | Days | Balance | Count | Days | Balance | Count | Days | Balance | Count | ||||||||||
< 30 | 0.00 | 0 | < 30 | 0.00 | 0 | < 30 | 0.00 | 0 | < 30 | 0.00 | 0 | |||||||||||||
0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||||||
30-59 | 576,116.53 | 1 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 576,116.53 | 1 | ||||||||||
1.041425 | % | 1.1 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 1.041425 | % | 1.1 | % | |||||
60-89 | 0.00 | 0 | 60-89 | 0.00 | 0 | 60-89 | 0.00 | 0 | 60-89 | 0.00 | 0 | 60-89 | 0.00 | 0 | ||||||||||
0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||
90-119 | 0.00 | 0 | 90-119 | 0.00 | 0 | 90-119 | 0.00 | 0 | 90-119 | 0.00 | 0 | 90-119 | 0.00 | 0 | ||||||||||
0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||
120-149 | 0.00 | 0 | 120-149 | 0.00 | 0 | 120-149 | 0.00 | 0 | 120-149 | 0.00 | 0 | 120-149 | 0.00 | 0 | ||||||||||
0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||
150-179 | 0.00 | 0 | 150-179 | 0.00 | 0 | 150-179 | 0.00 | 0 | 150-179 | 0.00 | 0 | 150-179 | 0.00 | 0 | ||||||||||
0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||
180+ | 0.00 | 0 | 180+ | 0.00 | 0 | 180+ | 0.00 | 0 | 180+ | 0.00 | 0 | 180+ | 0.00 | 0 | ||||||||||
0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||
Total | 576,116.53 | 1 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 576,116.53 | 1 | ||||||||||
1.041425 | % | 1.1 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 1.041425 | % | 1.1 | % |
Principal and Interest Advances | 250,840.43 |
Reports Available at | sf.citidirect.com | Page 9 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
Historical Delinquency Information |
Distribution | 1 Month | 2 Month | 3 | + Month | Bankruptcy | Foreclosure | REO | Total | ||||||||||||||||||||
Date | Balance | Cnt | Balance | Cnt | Balance | Cnt | Balance | Cnt | Balance | Cnt | Balance | Cnt | Balance | Cnt | ||||||||||||||
11/2022 | 576,117 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 576,117 | 1 | ||||||||||||||
1.041 | % | 1.1 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.041 | % | 1.1 | % | |
10/2022 | 577,689 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 577,689 | 1 | ||||||||||||||
1.041 | % | 1.1 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.041 | % | 1.1 | % | |
09/2022 | 579,255 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 579,255 | 1 | ||||||||||||||
1.022 | % | 1.1 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.022 | % | 1.1 | % | |
08/2022 | 580,817 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 580,817 | 1 | ||||||||||||||
1.013 | % | 1.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.013 | % | 1.0 | % | |
07/2022 | 0 | 0 | 582,374 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 582,374 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 0.998 | % | 1.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.998 | % | 1.0 | % | |
06/2022 | 0 | 0 | 583,926 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 583,926 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 0.992 | % | 1.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.992 | % | 1.0 | % | |
05/2022 | 703,823 | 1 | 585,473 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,289,295 | 2 | ||||||||||||||
1.191 | % | 1.0 | % | 0.991 | % | 1.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.182 | % | 2.0 | % | |
04/2022 | 587,015 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 587,015 | 1 | ||||||||||||||
0.975 | % | 1.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.975 | % | 1.0 | % | |
03/2022 | 588,552 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 588,552 | 1 | ||||||||||||||
0.954 | % | 1.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.954 | % | 1.0 | % | |
02/2022 | 1,960,196 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,960,196 | 3 | ||||||||||||||
3.092 | % | 2.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 3.092 | % | 2.9 | % | |
01/2022 | 591,611 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 591,611 | 1 | ||||||||||||||
0.911 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.911 | % | 0.9 | % | |
12/2021 | 593,133 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 593,133 | 1 | ||||||||||||||
0.895 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.895 | % | 0.9 | % |
Reports Available at | sf.citidirect.com | Page 10 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
Standard Prepayment and Default Information |
Wtd. Avg. | Current | ||||||||||||||||
Payment | Age | Collateral | Scheduled | Unscheduled | Liquidation | ||||||||||||
Date | (Months) | Balance | Principal | Principal | Principal | SMM | CPR | PSA | MDR | CDR | SDA | ||||||
25-Nov-2022 | 114.49 | 55,319,997.04 | 177,818.39 | 12,485.21 | 0.00 | 0.023 | % | 0.270 | % | 5 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Oct-2022 | 113.48 | 55,510,300.64 | 179,797.62 | 966,424.55 | 0.00 | 1.711 | % | 18.708 | % | 312 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Sep-2022 | 112.48 | 56,656,522.81 | 183,473.09 | 521,371.12 | 0.00 | 0.912 | % | 10.410 | % | 173 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Aug-2022 | 111.49 | 57,361,367.02 | 184,781.38 | 811,722.36 | 0.00 | 1.395 | % | 15.517 | % | 259 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jul-2022 | 110.48 | 58,357,870.76 | 184,929.96 | 317,576.25 | 0.00 | 0.541 | % | 6.305 | % | 105 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Jun-2022 | 109.48 | 58,860,376.97 | 187,444.02 | 35,438.37 | 0.00 | 0.060 | % | 0.720 | % | 12 | % | 0.000 | % | 0.000 | % | 0 | % |
25-May-2022 | 108.48 | 59,083,259.36 | 188,828.07 | 964,923.50 | 0.00 | 1.607 | % | 17.667 | % | 294 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Apr-2022 | 107.48 | 60,237,010.93 | 190,195.42 | 1,254,725.93 | 0.00 | 2.040 | % | 21.916 | % | 365 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Mar-2022 | 106.47 | 61,681,932.28 | 194,847.64 | 1,513,578.18 | 0.00 | 2.395 | % | 25.241 | % | 421 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Feb-2022 | 105.47 | 63,390,358.10 | 201,218.68 | 1,359,369.90 | 0.00 | 2.099 | % | 22.478 | % | 375 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jan-2022 | 104.47 | 64,950,946.68 | 203,417.69 | 1,145,080.94 | 0.00 | 1.732 | % | 18.919 | % | 315 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Dec-2021 | 103.45 | 66,299,445.31 | 215,554.19 | 3,692,921.13 | 0.00 | 5.276 | % | 47.819 | % | 797 | % | 0.000 | % | 0.000 | % | 0 | % |
SMM (Single Month Mortality) = (Beginning Balance - Ending Balance - Scheduled Principal) / (Beginning Balance - Scheduled Principal) | MDR (Monthly Default Rate) = Beginning Balance of Liquidated Asset / Total Beginning Balance | ||||||||||||||||
CPR (Constant Prepayment Rate) = 1 - ((1-SMM)^12) | CDR (Conditional Default Rate) = 1 - ((1-MDR)^12) | ||||||||||||||||
PSA (Public Securities Association) = CPR / (min(.2% * Age, 6%)) | SDA (Standard Default Assumption) = CDR / (min(.2% * Age, 6%)) | ||||||||||||||||
CPR | CDR |
Reports Available at | sf.citidirect.com | Page 11 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
Waterfall Detail |
Remaining | |||
DISTRIBUTIONS | Amount | Available | |
Distributed | Funds | ||
Available Distribution Amount | 351,627.61 | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (130,079.56 | ) | 221,548.05 |
Senior Certificates, the Senior Principal Distribution Amount | (153,446.53 | ) | 68,101.52 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (6,001.19 | ) | 62,100.33 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | (12,793.20 | ) | 49,307.13 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (4,715.62 | ) | 44,591.51 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | (10,052.65 | ) | 34,538.86 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (4,286.47 | ) | 30,252.39 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | (9,137.81 | ) | 21,114.58 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (2,286.08 | ) | 18,828.50 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | (4,873.41 | ) | 13,955.09 |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (13,955.09 | ) | 0.00 |
Class B-5 Certificates, the Subordinate Principal Distribution Amount | 0.00 | 0.00 | |
Class LT-R and R Certificates, any remaining amounts | 0.00 | 0.00 |
Reports Available at | sf.citidirect.com | Page 12 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
Other Information |
Principal Percentages | ||
Beginning Senior Percentage | 80.632487 | % |
Beginning Subordinate Percentage | 19.367513 | % |
Senior Prepayment Percentage | 80.632487 | % |
Subordinate Prepayment Percentage | 19.367513 | % |
Other Information | ||
Step-Down Test satisfied? | Yes |
Reports Available at | sf.citidirect.com | Page 13 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
Voluntary Prepayments, Repurchases, and Substitutions |
Scheduled | |||||||||||
Original | Principal | Principal | Prepayment | Prepayment | Current | ||||||
Principal Pay | Principal | Balance at | Pay Down | Penalties | Penalties | Note | Original | Original | |||
Loan Number | Down Date | Payoff Type | Balance | Payoff | Amount | Collected | Waived | Rate | LTV | Term | State |
No Prepayments to Report. |
Reports Available at | sf.citidirect.com | Page 14 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
Liquidation / Loss Detail |
Most Recent | Cutoff | Prior Unpaid | Prior Scheduled | Current | Subsequent | |||||
Most Recent | Next Due | Principal | Principal | Principal | Realized Loss | Loss / (Recovery) | Total Realized | Loss | ||
Loan Number | Loss Type | Loan Status | Date | Balance | Balance | Balance | Amount | Amount | Loss Amount | Severity |
No Loans With Losses to Report. |
Reports Available at | sf.citidirect.com | Page 15 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
REO Detail |
Current | |||||||
REO | Original | Unpaid Principal | Scheduled | REO | |||
Group | Acquisition | Principal | Balance at | Principal | Book | ||
Loan Number | No. | State | Date | Balance | Acquisition | Balance | Value |
No REOs to Report. |
Reports Available at | sf.citidirect.com | Page 16 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
Material Modifications, Extensions, and Waivers Loan Detail: Part 1 |
Effective | Current | Current | |||||||||
Mod. | Scheduled | Actual | Delinquency | Capitalized | Deferred | Deferred | Forgiven | Forgiven | |||
Date | Loan Number | P&I | Balance | Balance | Balance | Status | Amount | Principal | Interest | Principal | Interest |
No Modified Loans to Report. |
Reports Available at | sf.citidirect.com | Page 17 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
Material Modifications, Extensions, and Waivers Loan Detail: Part 2 |
Interest | Period | Life | Initial Reset | Next | Int Reset | IO | Balloon | Maturity | |||
Loan Number | Loan Type | Rate | Margin | Cap | Cap | Date | Reset Date | Period | Period | Payment | Date |
No Modified Loans to Report. |
Reports Available at | sf.citidirect.com | Page 18 of 18 | © Copyright | 2022 Citigroup |