Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 |
CONTACT INFORMATION | |
Depositor | Sequoia Residential Funding, Inc. |
Trustee | Christiana Trust |
Master Servicer | Wells Fargo Bank, N.A. |
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 2013-3 | ||
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 | 150,196,000.00 | 18,076,660.99 | 2.000000 | % | 30 / 360 | 10/01 - 10/31 | 30,127.77 | 292,967.15 | 323,094.92 | 0.00 | 0.00 | 17,783,693.84 | ||||||||||||
A-2 | 411,000,000.00 | 49,465,416.28 | 2.500000 | % | 30 / 360 | 10/01 - 10/31 | 103,052.95 | 801,682.47 | 904,735.42 | 0.00 | 0.00 | 48,663,733.81 | ||||||||||||
B-1 | 11,404,000.00 | 2,493,799.95 | 3.511830 | % | 30 / 360 | 10/01 - 10/31 | 7,298.17 | 74,598.97 | 81,897.14 | 0.00 | 0.00 | 2,419,200.98 | ||||||||||||
B-2 | 9,904,000.00 | 2,165,783.44 | 3.511830 | % | 30 / 360 | 10/01 - 10/31 | 6,338.22 | 64,786.76 | 71,124.98 | 0.00 | 0.00 | 2,100,996.68 | ||||||||||||
B-3 | 8,102,000.00 | 1,771,726.33 | 3.511830 | % | 30 / 360 | 10/01 - 10/31 | 5,185.00 | 52,999.02 | 58,184.02 | 0.00 | 0.00 | 1,718,727.31 | ||||||||||||
B-4 | 3,001,000.00 | 656,251.63 | 3.511830 | % | 30 / 360 | 10/01 - 10/31 | 1,920.54 | 19,630.96 | 21,551.50 | 0.00 | 0.00 | 636,620.67 | ||||||||||||
B-5 | 6,603,241.00 | 5,994,232.85 | 3.511830 | % | 30 / 360 | 10/01 - 10/31 | 17,542.28 | 0.00 | 17,542.28 | 0.00 | 0.00 | 5,994,232.85 | ||||||||||||
LT-R | 0.00 | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
R | 0.00 | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
Totals | 600,210,241.00 | 80,623,871.47 | 171,464.93 | 1,306,665.33 | 1,478,130.26 | 0.00 | 0.00 | 79,317,206.14 |
Notional Classes | ||||||||||||
A-IO1 | 150,196,000.00 | 18,076,660.99 | 0.500000 | % | 30 / 360 | 10/01 - 10/31 | 7,531.94 | 0.00 | 7,531.94 | 0.00 | 0.00 | 17,783,693.84 |
A-IO2 | 561,196,000.00 | 67,542,077.27 | 1.011830 | % | 30 / 360 | 10/01 - 10/31 | 56,950.94 | 0.00 | 56,950.94 | 0.00 | 0.00 | 66,447,427.64 |
Totals | 711,392,000.00 | 85,618,738.26 | 64,482.88 | 0.00 | 64,482.88 | 0.00 | 0.00 | 84,231,121.48 |
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 2013-3 | ||
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 | RAA8 | 10/31/2022 | 120.353811 | 0.200590 | 1.950566 | 2.151155 | 0.000000 | 0.000000 | 118.403245 |
A-2 | 81745 | RAB6 | 10/31/2022 | 120.353811 | 0.250737 | 1.950566 | 2.201303 | 0.000000 | 0.000000 | 118.403245 |
B-1 | 81745 | RAG5 | 10/31/2022 | 218.677653 | 0.639966 | 6.541474 | 7.181440 | 0.000000 | 0.000000 | 212.136179 |
B-2 | 81745 | RAH3 | 10/31/2022 | 218.677649 | 0.639966 | 6.541474 | 7.181440 | 0.000000 | 0.000000 | 212.136175 |
B-3 | 81745 | RAJ9 | 10/31/2022 | 218.677651 | 0.639965 | 6.541474 | 7.181439 | 0.000000 | 0.000000 | 212.136177 |
B-4 | 81745 | RAK6 | 10/31/2022 | 218.677651 | 0.639967 | 6.541473 | 7.181440 | 0.000000 | 0.000000 | 212.136178 |
B-5 | 81745 | RAL4 | 10/31/2022 | 907.771328 | 2.656617 | 0.000000 | 2.656617 | 0.000000 | 0.000000 | 907.771328 |
LT-R | 81745 | RAN0 | 10/31/2022 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
R | 81745 | RAM2 | 10/31/2022 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
A-IO1 | 81745 | RAD2 | 10/31/2022 | 120.353811 | 0.050147 | 0.000000 | 0.050147 | 0.000000 | 0.000000 | 118.403245 |
A-IO2 | 81745 | RAE0 | 10/31/2022 | 120.353811 | 0.101481 | 0.000000 | 0.101481 | 0.000000 | 0.000000 | 118.403245 |
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 2013-3 | ||
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 | 18,076,660.99 | 2.000000 | % | 2.000000 | % | 30 / 360 | 30,127.77 | 0.00 | 0.00 | 0.00 | 30,127.77 | 0.00 | 30,127.77 | 0.00 | |||||||||||
A-2 | 49,465,416.28 | 2.500000 | % | 2.500000 | % | 30 / 360 | 103,052.95 | 0.00 | 0.00 | 0.00 | 103,052.95 | 0.00 | 103,052.95 | 0.00 | |||||||||||
B-1 | 2,493,799.95 | 3.511830 | % | 3.511990 | % | 30 / 360 | 7,298.17 | 0.00 | 0.00 | 0.00 | 7,298.17 | 0.00 | 7,298.17 | 0.00 | |||||||||||
B-2 | 2,165,783.44 | 3.511830 | % | 3.511990 | % | 30 / 360 | 6,338.22 | 0.00 | 0.00 | 0.00 | 6,338.22 | 0.00 | 6,338.22 | 0.00 | |||||||||||
B-3 | 1,771,726.33 | 3.511830 | % | 3.511990 | % | 30 / 360 | 5,185.00 | 0.00 | 0.00 | 0.00 | 5,185.00 | 0.00 | 5,185.00 | 0.00 | |||||||||||
B-4 | 656,251.63 | 3.511830 | % | 3.511990 | % | 30 / 360 | 1,920.54 | 0.00 | 0.00 | 0.00 | 1,920.54 | 0.00 | 1,920.54 | 0.00 | |||||||||||
B-5 | 5,994,232.85 | 3.511830 | % | 3.511990 | % | 30 / 360 | 17,542.27 | 258.77 | 0.00 | 0.00 | 17,801.04 | 0.00 | 17,542.28 | 258.76 | |||||||||||
LT-R | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
R | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
Totals | 80,623,871.47 | 171,464.92 | 258.77 | 0.00 | 0.00 | 171,723.69 | 0.00 | 171,464.93 | 258.76 |
Notional Classes | ||||||||||||||
A-IO1 | 18,076,660.99 | 0.500000 | % | 0.500000 | % | 30 / 360 | 7,531.94 | 0.00 | 0.00 | 0.00 | 7,531.94 | 0.00 | 7,531.94 | 0.00 |
A-IO2 | 67,542,077.27 | 1.011830 | % | 1.011989 | % | 30 / 360 | 56,950.94 | 0.00 | 0.00 | 0.00 | 56,950.94 | 0.00 | 56,950.94 | 0.00 |
Totals | 85,618,738.26 | 64,482.88 | 0.00 | 0.00 | 0.00 | 64,482.88 | 0.00 | 64,482.88 | 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 2013-3 | ||
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 | 150,196,000.00 | 18,076,660.99 | 55,751.34 | 237,215.82 | 0.00 | 0.00 | 0.00 | 17,783,693.84 | 0.00 | 25.02 | % | 22.42 | % | 6.50 | % | 16.23 | % | |||||||||||
A-2 | 411,000,000.00 | 49,465,416.28 | 152,559.31 | 649,123.16 | 0.00 | 0.00 | 0.00 | 48,663,733.81 | 0.00 | 68.48 | % | 61.35 | % | 6.50 | % | 16.23 | % | |||||||||||
B-1 | 11,404,000.00 | 2,493,799.95 | 14,196.10 | 60,402.87 | 0.00 | 0.00 | 0.00 | 2,419,200.98 | 0.00 | 1.90 | % | 3.05 | % | 4.60 | % | 13.18 | % | |||||||||||
B-2 | 9,904,000.00 | 2,165,783.44 | 12,328.85 | 52,457.91 | 0.00 | 0.00 | 0.00 | 2,100,996.68 | 0.00 | 1.65 | % | 2.65 | % | 2.95 | % | 10.53 | % | |||||||||||
B-3 | 8,102,000.00 | 1,771,726.33 | 10,085.66 | 42,913.36 | 0.00 | 0.00 | 0.00 | 1,718,727.31 | 0.00 | 1.35 | % | 2.17 | % | 1.60 | % | 8.36 | % | |||||||||||
B-4 | 3,001,000.00 | 656,251.63 | 3,735.75 | 15,895.21 | 0.00 | 0.00 | 0.00 | 636,620.67 | 0.00 | 0.50 | % | 0.80 | % | 1.10 | % | 7.56 | % | |||||||||||
B-5 | 6,603,241.00 | 5,994,232.85 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5,994,232.85 | 0.00 | 1.10 | % | 7.56 | % | 0.00 | % | 0.00 | % | |||||||||||
Totals | 600,210,241.00 | 80,623,871.47 | 248,657.01 | 1,058,008.33 | 0.00 | 0.00 | 0.00 | 79,317,206.14 | 0.00 | 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 2013-3 | ||
Reconciliation Detail |
SOURCE OF FUNDS | |||
Interest Funds Available | |||
Scheduled Interest | 253,752.14 | ||
Uncompensated PPIS | 0.00 | ||
Relief Act Shortfall | 0.00 | ||
Losses in Excess of Principal Balance | 0.00 | ||
Stop Advance Interest | 0.00 | ||
Other Interest Reductions | 0.00 | ||
Total Interest Funds Available: | 253,752.14 | ||
Principal Funds Available | |||
Scheduled Principal | 248,657.01 | ||
Curtailments | 38,051.59 | ||
Curtailments Adjustments | 0.00 | ||
Prepayments in Full | 1,019,956.74 | ||
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: | 1,306,665.34 | ||
Total Funds Available | 1,560,417.48 |
ALLOCATION OF FUNDS | ||
Scheduled Fees | ||
Master Servicing Fee | 264.00 | |
Servicing Fee | 16,796.59 | |
Trustee Fee | 58.44 | |
Securities Administrator Fee | 685.30 | |
Total Scheduled Fees: | 17,804.33 | |
Additional Fees, Expenses, etc. | ||
Trust Fund Expenses | 0.00 | |
Other Expenses | 0.00 | |
Total Additional Fees, Expenses, etc.: | 0.00 | |
Distributions | ||
Interest Distribution | 235,947.81 | |
Principal Distribution | 1,306,665.34 | |
Total Distributions: | 1,542,613.15 | |
Total Funds Allocated | 1,560,417.48 |
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 2013-3 | ||
Collateral Summary |
ASSET CHARACTERISTICS | ||||||||
Cut-Off | Beginning | Ending | Delta or % of Orig | |||||
Aggregate Stated Principal Balance | 600,210,241.34 | 80,623,871.94 | 79,317,206.60 | 13.21 | % | |||
Aggregate Actual Principal Balance | 600,210,241.34 | 80,856,916.20 | 79,568,613.35 | 13.26 | % | |||
Loan Count | 746 | 142 | 140 | 606 | ||||
Weighted Average Coupon Rate (WAC) | 3.818731 | % | 3.776829 | % | 3.776990 | % | -0.041742 | % |
Net Weighted Average Coupon Rate (Net WAC) | 3.553731 | % | 3.511829 | % | 3.511990 | % | -0.041742 | % |
Weighted Average Remaining Term (WART in months) | 358 | 243 | 242 | 116 |
AVAILABLE PRINCIPAL | |
Scheduled Principal | 248,657.01 |
Curtailments | 38,051.59 |
Curtailments Adjustments | 0.00 |
Prepayments in Full | 1,019,956.74 |
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 | 1,306,665.34 |
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 | 0.00 |
AVAILABLE INTEREST | ||
Scheduled Interest | 253,752.14 | |
Less: | Master Servicing Fee | 264.00 |
Servicing Fee | 16,796.59 | |
Trustee Fee | 58.44 | |
Securities Administrator Fee | 685.30 | |
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 Reductions | 0.00 | |
TOTAL AVAILABLE INTEREST | 235,947.81 |
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 2013-3 | ||
Stratification Detail |
Loan Rate | ||||||
# of | Ending Sched | % of Agg | ||||
Loan Rate | Loans | Balance | Balance | WAC | WART | |
3.00 or Less | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
3.01 to 3.25 | 4 | 1,939,275.60 | 2.44 | 3.2332 | 242 | |
3.26 to 3.50 | 14 | 7,827,135.25 | 9.87 | 3.4747 | 242 | |
3.51 to 3.75 | 58 | 34,508,820.36 | 43.51 | 3.6803 | 242 | |
3.76 to 4.00 | 51 | 29,137,040.16 | 36.73 | 3.9068 | 242 | |
4.01 to 4.25 | 9 | 3,421,977.86 | 4.31 | 4.1554 | 242 | |
4.26 to 4.50 | 3 | 1,712,853.16 | 2.16 | 4.3750 | 242 | |
4.51 to 4.75 | 1 | 770,104.21 | 0.97 | 4.6250 | 240 | |
4.76 to 5.00 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
5.01 to 5.25 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
5.26 to 5.50 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
5.51 to 5.75 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
5.76 to 6.00 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
6.01 or Greater | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
Totals | 140 | 79,317,206.60 | 100.00 | 3.7770 | 242 |
Ending Scheduled Balance | |||||
Ending Sched | # of | Ending Sched | % of Agg | ||
Balance | Loans | Balance | Balance | WAC | WART |
1 to 150,000 | 2 | 265,280.28 | 0.33 | 4.0027 | 241 |
150,001 to 300,000 | 9 | 2,219,396.40 | 2.80 | 3.7836 | 242 |
300,001 to 450,000 | 22 | 8,700,932.84 | 10.97 | 3.7901 | 242 |
450,001 to 600,000 | 51 | 26,483,333.85 | 33.39 | 3.7807 | 242 |
600,001 to 750,000 | 38 | 25,635,384.27 | 32.32 | 3.7669 | 242 |
750,001 to 900,000 | 13 | 10,201,217.01 | 12.86 | 3.7899 | 242 |
900,001 to 1,050,000 | 2 | 1,987,310.73 | 2.51 | 3.7248 | 242 |
1,050,001 to 1,200,000 | 1 | 1,126,365.59 | 1.42 | 3.8750 | 242 |
1,200,001 to 1,350,000 | 1 | 1,321,448.97 | 1.67 | 3.5500 | 242 |
1,350,001 to 1,500,000 | 1 | 1,376,536.66 | 1.74 | 3.8750 | 242 |
Totals | 140 | 79,317,206.60 | 100.00 | 3.7770 | 242 |
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 2013-3 | ||
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 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | ||||||||||
0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||
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+ | 753,464.07 | 1 | 180+ | 0.00 | 0 | 180+ | 0.00 | 0 | 180+ | 0.00 | 0 | 180+ | 753,464.07 | 1 | ||||||||||
0.949938 | % | 0.7 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.949938 | % | 0.7 | % | |||||
Total | 753,464.07 | 1 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 753,464.07 | 1 | ||||||||||
0.949938 | % | 0.7 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.949938 | % | 0.7 | % |
Principal and Interest Advances | N/A |
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 2013-3 | ||
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 | 0 | 0 | 0 | 0 | 753,464 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 753,464 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.950 | % | 0.7 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.950 | % | 0.7 | % | |
10/2022 | 0 | 0 | 0 | 0 | 755,647 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 755,647 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.937 | % | 0.7 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.937 | % | 0.7 | % | |
09/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 757,822 | 1 | 0 | 0 | 757,822 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.937 | % | 0.7 | % | 0.000 | % | 0.0 | % | 0.937 | % | 0.7 | % | |
08/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 759,991 | 1 | 0 | 0 | 759,991 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.936 | % | 0.7 | % | 0.000 | % | 0.0 | % | 0.936 | % | 0.7 | % | |
07/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 762,152 | 1 | 0 | 0 | 762,152 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.935 | % | 0.7 | % | 0.000 | % | 0.0 | % | 0.935 | % | 0.7 | % | |
06/2022 | 594,018 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 764,306 | 1 | 0 | 0 | 1,358,323 | 2 | ||||||||||||||
0.713 | % | 0.7 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.918 | % | 0.7 | % | 0.000 | % | 0.0 | % | 1.631 | % | 1.4 | % | |
05/2022 | 939,974 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 766,452 | 1 | 0 | 0 | 1,706,426 | 3 | ||||||||||||||
1.109 | % | 1.3 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.905 | % | 0.7 | % | 0.000 | % | 0.0 | % | 2.014 | % | 2.0 | % | |
04/2022 | 0 | 0 | 0 | 0 | 462,220 | 1 | 0 | 0 | 768,592 | 1 | 0 | 0 | 1,230,812 | 2 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.535 | % | 0.7 | % | 0.000 | % | 0.0 | % | 0.890 | % | 0.7 | % | 0.000 | % | 0.0 | % | 1.425 | % | 1.3 | % | |
03/2022 | 596,589 | 1 | 463,495 | 1 | 0 | 0 | 0 | 0 | 770,725 | 1 | 0 | 0 | 1,830,809 | 3 | ||||||||||||||
0.681 | % | 0.7 | % | 0.529 | % | 0.7 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.880 | % | 0.7 | % | 0.000 | % | 0.0 | % | 2.089 | % | 2.0 | % | |
02/2022 | 1,062,978 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 772,850 | 1 | 0 | 0 | 1,835,828 | 3 | ||||||||||||||
1.188 | % | 1.3 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.864 | % | 0.6 | % | 0.000 | % | 0.0 | % | 2.052 | % | 1.9 | % | |
01/2022 | 603,417 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 774,968 | 1 | 0 | 0 | 1,378,386 | 2 | ||||||||||||||
0.669 | % | 0.6 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.859 | % | 0.6 | % | 0.000 | % | 0.0 | % | 1.527 | % | 1.3 | % | |
12/2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 777,080 | 1 | 0 | 0 | 777,080 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.809 | % | 0.6 | % | 0.000 | % | 0.0 | % | 0.809 | % | 0.6 | % |
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 2013-3 | ||
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 | 118.17 | 79,317,206.60 | 248,657.01 | 1,058,008.33 | 0.00 | 1.316 | % | 14.701 | % | 245 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Oct-2022 | 117.17 | 80,623,871.94 | 247,777.48 | 30,699.54 | 0.00 | 0.038 | % | 0.456 | % | 8 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Sep-2022 | 116.17 | 80,902,348.96 | 250,773.96 | 61,608.57 | 0.00 | 0.076 | % | 0.909 | % | 15 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Aug-2022 | 115.17 | 81,214,731.49 | 249,860.05 | 38,600.59 | 0.00 | 0.048 | % | 0.569 | % | 9 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jul-2022 | 114.19 | 81,503,192.13 | 253,045.68 | 1,502,801.23 | 0.00 | 1.810 | % | 19.688 | % | 328 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Jun-2022 | 113.18 | 83,259,039.04 | 255,300.12 | 1,210,035.53 | 0.00 | 1.433 | % | 15.898 | % | 265 | % | 0.000 | % | 0.000 | % | 0 | % |
25-May-2022 | 112.19 | 84,724,374.69 | 258,304.86 | 1,369,206.49 | 0.00 | 1.590 | % | 17.501 | % | 292 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Apr-2022 | 111.19 | 86,351,886.04 | 259,842.11 | 1,009,132.05 | 0.00 | 1.155 | % | 13.014 | % | 217 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Mar-2022 | 110.17 | 87,620,860.20 | 262,364.83 | 1,601,427.84 | 0.00 | 1.795 | % | 19.534 | % | 326 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Feb-2022 | 109.17 | 89,484,652.87 | 266,418.55 | 487,165.28 | 0.00 | 0.541 | % | 6.308 | % | 105 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jan-2022 | 108.16 | 90,238,236.70 | 285,114.33 | 5,542,212.83 | 0.00 | 5.786 | % | 51.094 | % | 852 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Dec-2021 | 107.16 | 96,065,563.86 | 289,045.33 | 1,568,160.87 | 0.00 | 1.606 | % | 17.659 | % | 294 | % | 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%)) |
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 2013-3 | ||
Waterfall Detail |
Remaining | |||
DISTRIBUTIONS | Amount | Available | |
Distributed | Funds | ||
Available Distribution Amount | 1,542,613.15 | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (197,663.60 | ) | 1,344,949.55 |
Senior Certificates, the Senior Principal Distribution Amount | (1,094,649.63 | ) | 250,299.92 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (7,298.17 | ) | 243,001.75 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | (74,598.97 | ) | 168,402.78 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (6,338.22 | ) | 162,064.56 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | (64,786.76 | ) | 97,277.80 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (5,185.00 | ) | 92,092.80 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | (52,999.02 | ) | 39,093.78 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (1,920.54 | ) | 37,173.24 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | (19,630.96 | ) | 17,542.28 |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (17,542.28 | ) | 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 2013-3 | ||
Other Information |
Principal Percentages | ||
Senior Percentage | 83.774291 | % |
Subordinate Percentage | 16.225709 | % |
Senior Prepayment Percentage | 83.774291 | % |
Subordinate Prepayment Percentage | 16.225709 | % |
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 2013-3 | ||
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 | |
0000000124952081 | 11/01/2022 | Voluntary Prepayment | 1,200,000.00 | 198,733.32 | 198,733.32 | 0.00 | 0.00 | 3.80000 | % | 70.58 | 240 | MA |
0000000048520290 | 11/01/2022 | Voluntary Prepayment | 1,068,750.00 | 823,599.22 | 823,599.22 | 0.00 | 0.00 | 3.75000 | % | 77.61 | 360 | NY |
Count: 2 | TOTALS: | 2,268,750.00 | 1,022,332.54 | 1,022,332.54 | 0.00 | 0.00 | 3.759720 | % | 73.89 | 297 |
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 2013-3 | ||
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 2013-3 | ||
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 2013-3 | ||
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 2013-3 | ||
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 |