Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 |
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 | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
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 | 619,163,000.00 | 52,269,657.66 | 1.874000 | % | 30 / 360 | 12/01 - 12/31 | 81,627.78 | 208,165.43 | 289,793.21 | 0.00 | 0.00 | 52,061,492.23 | ||||||||||||
B-1 | 14,654,000.00 | 2,224,281.55 | 3.627816 | % | 30 / 360 | 12/01 - 12/31 | 6,724.40 | 18,655.72 | 25,380.12 | 0.00 | 0.00 | 2,205,625.83 | ||||||||||||
B-2 | 12,657,000.00 | 1,921,163.62 | 3.627816 | % | 30 / 360 | 12/01 - 12/31 | 5,808.02 | 16,113.38 | 21,921.40 | 0.00 | 0.00 | 1,905,050.24 | ||||||||||||
B-3 | 6,661,000.00 | 1,011,050.87 | 3.627816 | % | 30 / 360 | 12/01 - 12/31 | 3,056.59 | 8,479.99 | 11,536.58 | 0.00 | 0.00 | 1,002,570.88 | ||||||||||||
B-4 | 5,662,000.00 | 859,415.99 | 3.627816 | % | 30 / 360 | 12/01 - 12/31 | 2,598.17 | 7,208.18 | 9,806.35 | 0.00 | 0.00 | 852,207.81 | ||||||||||||
B-5 | 7,328,404.00 | 6,653,745.04 | 3.627816 | % | 30 / 360 | 12/01 - 12/31 | 20,115.49 | 0.00 | 20,115.49 | 0.00 | 0.00 | 6,653,745.04 | ||||||||||||
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 | 666,125,404.00 | 64,939,314.73 | 119,930.45 | 258,622.70 | 378,553.15 | 0.00 | 0.00 | 64,680,692.03 |
Notional Classes | ||||||||||||
A-IO1 | 619,163,000.00 | 52,269,657.66 | 0.626000 | % | 30 / 360 | 12/01 - 12/31 | 27,267.34 | 0.00 | 27,267.34 | 0.00 | 0.00 | 52,061,492.23 |
A-IO2 | 619,163,000.00 | 52,269,657.66 | 1.127816 | % | 30 / 360 | 12/01 - 12/31 | 49,125.48 | 0.00 | 49,125.48 | 0.00 | 0.00 | 52,061,492.23 |
Totals | 1,238,326,000.00 | 104,539,315.32 | 76,392.82 | 0.00 | 76,392.82 | 0.00 | 0.00 | 104,122,984.46 |
Reports Available at | sf.citidirect.com | Page 2 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
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 | 81745 | MAA9 | 12/30/2022 | 84.419866 | 0.131836 | 0.336205 | 0.468040 | 0.000000 | 0.000000 | 84.083662 |
B-1 | 81745 | MAD3 | 12/30/2022 | 151.786649 | 0.458878 | 1.273080 | 1.731959 | 0.000000 | 0.000000 | 150.513568 |
B-2 | 81745 | MAE1 | 12/30/2022 | 151.786649 | 0.458878 | 1.273081 | 1.731959 | 0.000000 | 0.000000 | 150.513569 |
B-3 | 81745 | MAF8 | 12/30/2022 | 151.786649 | 0.458879 | 1.273081 | 1.731959 | 0.000000 | 0.000000 | 150.513569 |
B-4 | 81745 | MAG6 | 12/30/2022 | 151.786646 | 0.458878 | 1.273080 | 1.731959 | 0.000000 | 0.000000 | 150.513566 |
B-5 | 81745 | MAH4 | 12/30/2022 | 907.939169 | 2.744866 | 0.000000 | 2.744866 | 0.000000 | 0.000000 | 907.939169 |
LT-R | 81745 | MAK7 | 12/30/2022 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
R | 81745 | MAJ0 | 12/30/2022 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
A-IO1 | 81745 | MAB7 | 12/30/2022 | 84.419866 | 0.044039 | 0.000000 | 0.044039 | 0.000000 | 0.000000 | 84.083662 |
A-IO2 | 81745 | MAC5 | 12/30/2022 | 84.419866 | 0.079342 | 0.000000 | 0.079342 | 0.000000 | 0.000000 | 84.083662 |
Reports Available at | sf.citidirect.com | Page 3 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
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 | 52,269,657.66 | 1.874000 | % | 1.874000 | % | 30 / 360 | 81,627.78 | 0.00 | 0.00 | 0.00 | 81,627.78 | 0.00 | 81,627.78 | 0.00 | |||||||||||
B-1 | 2,224,281.55 | 3.627816 | % | 3.627706 | % | 30 / 360 | 6,724.40 | 0.00 | 0.00 | 0.00 | 6,724.40 | 0.00 | 6,724.40 | 0.00 | |||||||||||
B-2 | 1,921,163.62 | 3.627816 | % | 3.627706 | % | 30 / 360 | 5,808.02 | 0.00 | 0.00 | 0.00 | 5,808.02 | 0.00 | 5,808.02 | 0.00 | |||||||||||
B-3 | 1,011,050.87 | 3.627816 | % | 3.627706 | % | 30 / 360 | 3,056.59 | 0.00 | 0.00 | 0.00 | 3,056.59 | 0.00 | 3,056.59 | 0.00 | |||||||||||
B-4 | 859,415.99 | 3.627816 | % | 3.627706 | % | 30 / 360 | 2,598.17 | 0.00 | 0.00 | 0.00 | 2,598.17 | 0.00 | 2,598.17 | 0.00 | |||||||||||
B-5 | 6,653,745.04 | 3.627816 | % | 3.627706 | % | 30 / 360 | 20,115.48 | 258.69 | 0.00 | 0.00 | 20,374.17 | 0.00 | 20,115.49 | 258.68 | |||||||||||
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 | 64,939,314.73 | 119,930.44 | 258.69 | 0.00 | 0.00 | 120,189.13 | 0.00 | 119,930.45 | 258.68 |
Notional Classes | ||||||||||||||
A-IO1 | 52,269,657.66 | 0.626000 | % | 0.626000 | % | 30 / 360 | 27,267.34 | 0.00 | 0.00 | 0.00 | 27,267.34 | 0.00 | 27,267.34 | 0.00 |
A-IO2 | 52,269,657.66 | 1.127816 | % | 1.127706 | % | 30 / 360 | 49,125.48 | 0.00 | 0.00 | 0.00 | 49,125.48 | 0.00 | 49,125.48 | 0.00 |
Totals | 104,539,315.32 | 76,392.82 | 0.00 | 0.00 | 0.00 | 76,392.82 | 0.00 | 76,392.82 | 0.00 |
Reports Available at | sf.citidirect.com | Page 4 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
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 | 619,163,000.00 | 52,269,657.66 | 174,695.07 | 33,470.36 | 0.00 | 0.00 | 0.00 | 52,061,492.23 | 0.00 | 92.95 | % | 80.49 | % | 7.05 | % | 19.51 | % | |||||||||||
B-1 | 14,654,000.00 | 2,224,281.55 | 15,656.12 | 2,999.60 | 0.00 | 0.00 | 0.00 | 2,205,625.83 | 0.00 | 2.20 | % | 3.41 | % | 4.85 | % | 16.10 | % | |||||||||||
B-2 | 12,657,000.00 | 1,921,163.62 | 13,522.56 | 2,590.82 | 0.00 | 0.00 | 0.00 | 1,905,050.24 | 0.00 | 1.90 | % | 2.95 | % | 2.95 | % | 13.15 | % | |||||||||||
B-3 | 6,661,000.00 | 1,011,050.87 | 7,116.52 | 1,363.47 | 0.00 | 0.00 | 0.00 | 1,002,570.88 | 0.00 | 1.00 | % | 1.55 | % | 1.95 | % | 11.60 | % | |||||||||||
B-4 | 5,662,000.00 | 859,415.99 | 6,049.20 | 1,158.98 | 0.00 | 0.00 | 0.00 | 852,207.81 | 0.00 | 0.85 | % | 1.32 | % | 1.10 | % | 10.29 | % | |||||||||||
B-5 | 7,328,404.00 | 6,653,745.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6,653,745.04 | 0.00 | 1.10 | % | 10.29 | % | 0.00 | % | 0.00 | % | |||||||||||
Totals | 666,125,404.00 | 64,939,314.73 | 217,039.47 | 41,583.23 | 0.00 | 0.00 | 0.00 | 64,680,692.03 | 0.00 | 100 | % | 100 | % |
Reports Available at | sf.citidirect.com | Page 5 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
Reconciliation Detail |
SOURCE OF FUNDS | |||
Interest Funds Available | |||
Scheduled Interest | 210,609.84 | ||
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: | 210,609.84 | ||
Principal Funds Available | |||
Scheduled Principal | 217,039.46 | ||
Curtailments | 41,583.25 | ||
Curtailments Adjustments | 0.00 | ||
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: | 258,622.71 | ||
Total Funds Available | 469,232.55 |
ALLOCATION OF FUNDS | ||
Scheduled Fees | ||
Master Servicing Fee | 197.53 | |
Servicing Fee | 13,529.00 | |
Trustee Fee | 45.95 | |
Securities Administrator Fee | 514.10 | |
Total Scheduled Fees: | 14,286.58 | |
Additional Fees, Expenses, etc. | ||
Trust Fund Expenses | 0.00 | |
Other Expenses | 0.00 | |
Total Additional Fees, Expenses, etc.: | 0.00 | |
Distributions | ||
Interest Distribution | 196,323.27 | |
Principal Distribution | 258,622.70 | |
Total Distributions: | 454,945.97 | |
Total Funds Allocated | 469,232.55 |
Reports Available at | sf.citidirect.com | Page 6 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
Collateral Summary |
ASSET CHARACTERISTICS | ||||||||
Cut-Off | Beginning | Ending | Delta or % of Orig | |||||
Aggregate Stated Principal Balance | 666,125,404.69 | 64,939,314.84 | 64,680,692.13 | 9.71 | % | |||
Aggregate Actual Principal Balance | 666,125,404.69 | 65,165,650.84 | 64,911,808.44 | 9.74 | % | |||
Loan Count | 777 | 114 | 114 | 663 | ||||
Weighted Average Coupon Rate (WAC) | 3.946533 | % | 3.891816 | % | 3.891706 | % | -0.054827 | % |
Net Weighted Average Coupon Rate (Net WAC) | 3.682533 | % | 3.627816 | % | 3.627706 | % | -0.054827 | % |
Weighted Average Remaining Term (WART in months) | 353 | 236 | 235 | 118 |
AVAILABLE PRINCIPAL | |
Scheduled Principal | 217,039.46 |
Curtailments | 41,583.25 |
Curtailments Adjustments | 0.00 |
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 | 258,622.71 |
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 | 210,609.84 | |
Less: | Master Servicing Fee | 197.53 |
Servicing Fee | 13,529.00 | |
Trustee Fee | 45.95 | |
Securities Administrator Fee | 514.10 | |
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 | 196,323.26 |
Reports Available at | sf.citidirect.com | Page 7 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
Stratification Detail |
Loan Rate | ||||||
# of | Ending Sched | % of Agg | ||||
Loan Rate | Loans | Balance | Balance | WAC | WART | |
3.00 or Less | 1 | 336,582.97 | 0.52 | 3.0000 | 227 | |
3.01 to 3.25 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
3.26 to 3.50 | 10 | 4,968,161.72 | 7.68 | 3.4354 | 227 | |
3.51 to 3.75 | 21 | 14,061,494.83 | 21.74 | 3.7041 | 238 | |
3.76 to 4.00 | 50 | 29,713,442.00 | 45.94 | 3.8965 | 236 | |
4.01 to 4.25 | 24 | 11,918,853.83 | 18.43 | 4.1517 | 234 | |
4.26 to 4.50 | 4 | 2,338,648.83 | 3.62 | 4.3132 | 236 | |
4.51 to 4.75 | 4 | 1,343,507.95 | 2.08 | 4.6185 | 235 | |
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 | 114 | 64,680,692.13 | 100.00 | 3.8917 | 235 |
Ending Scheduled Balance | |||||
Ending Sched | # of | Ending Sched | % of Agg | ||
Balance | Loans | Balance | Balance | WAC | WART |
1 to 150,000 | 6 | 734,849.70 | 1.14 | 4.0700 | 233 |
150,001 to 300,000 | 15 | 3,267,354.89 | 5.05 | 4.0184 | 225 |
300,001 to 450,000 | 24 | 9,339,811.78 | 14.44 | 3.9017 | 226 |
450,001 to 600,000 | 25 | 13,025,295.16 | 20.14 | 3.8981 | 238 |
600,001 to 750,000 | 14 | 9,441,289.66 | 14.60 | 3.8972 | 237 |
750,001 to 900,000 | 16 | 13,143,674.65 | 20.32 | 3.9195 | 237 |
900,001 to 1,050,000 | 8 | 7,655,442.71 | 11.84 | 3.8437 | 238 |
1,050,001 to 1,200,000 | 1 | 1,114,729.42 | 1.72 | 3.7000 | 236 |
1,200,001 to 1,350,000 | 2 | 2,558,779.51 | 3.96 | 3.8511 | 236 |
1,350,001 to 1,500,000 | 2 | 2,850,412.43 | 4.41 | 3.8095 | 235 |
1,500,001 to 1,650,000 | 1 | 1,549,052.22 | 2.39 | 3.7500 | 237 |
Totals | 114 | 64,680,692.13 | 100.00 | 3.8917 | 235 |
Reports Available at | sf.citidirect.com | Page 8 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
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+ | 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 | 0.00 | 0 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 0.00 | 0 | ||||||||||
0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % |
Principal and Interest Advances | N/A |
Reports Available at | sf.citidirect.com | Page 9 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
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 | ||||||||||||||
01/2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
12/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
11/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
10/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
09/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
08/2022 | 541,809 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 541,809 | 1 | ||||||||||||||
0.789 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.789 | % | 0.9 | % | |
07/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
06/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
05/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
04/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
03/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
02/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % |
Reports Available at | sf.citidirect.com | Page 10 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
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-Jan-2023 | 122.82 | 64,680,692.13 | 217,039.46 | 41,583.25 | 0.00 | 0.064 | % | 0.768 | % | 13 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Dec-2022 | 121.82 | 64,939,314.84 | 214,596.78 | 22,734.58 | 0.00 | 0.035 | % | 0.419 | % | 7 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Nov-2022 | 120.76 | 65,176,646.20 | 212,038.83 | 2,060,988.99 | 0.00 | 3.065 | % | 31.174 | % | 520 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Oct-2022 | 119.81 | 67,449,674.02 | 211,289.10 | 19,944.11 | 0.00 | 0.030 | % | 0.354 | % | 6 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Sep-2022 | 118.83 | 67,680,907.23 | 212,616.29 | 815,997.81 | 0.00 | 1.191 | % | 13.395 | % | 223 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Aug-2022 | 117.85 | 68,709,521.33 | 206,474.77 | 26,265.98 | 0.00 | 0.038 | % | 0.458 | % | 8 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jul-2022 | 116.84 | 68,942,262.08 | 211,831.48 | 2,285,014.35 | 0.00 | 3.208 | % | 32.381 | % | 540 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Jun-2022 | 115.89 | 71,439,107.91 | 213,598.69 | 973,624.08 | 0.00 | 1.345 | % | 14.993 | % | 250 | % | 0.000 | % | 0.000 | % | 0 | % |
25-May-2022 | 114.89 | 72,626,330.68 | 214,671.68 | 1,459,826.88 | 0.00 | 1.970 | % | 21.244 | % | 354 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Apr-2022 | 113.96 | 74,300,829.24 | 217,004.43 | 1,200,160.67 | 0.00 | 1.590 | % | 17.493 | % | 292 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Mar-2022 | 112.94 | 75,717,994.34 | 224,941.15 | 3,524,919.32 | 0.00 | 4.448 | % | 42.075 | % | 701 | % | 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 | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
Waterfall Detail |
Remaining | |||
DISTRIBUTIONS | Amount | Available | |
Distributed | Funds | ||
Available Distribution Amount | 454,945.97 | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (158,020.60 | ) | 296,925.37 |
Senior Certificates, the Senior Principal Distribution Amount | (208,165.43 | ) | 88,759.94 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (6,724.40 | ) | 82,035.54 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | (18,655.72 | ) | 63,379.82 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (5,808.02 | ) | 57,571.80 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | (16,113.38 | ) | 41,458.42 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (3,056.59 | ) | 38,401.83 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | (8,479.99 | ) | 29,921.84 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (2,598.17 | ) | 27,323.67 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | (7,208.18 | ) | 20,115.49 |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (20,115.49 | ) | 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 | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
Other Information |
Principal Percentages | ||
Senior Percentage | 80.490005 | % |
Subordinate Percentage | 19.509995 | % |
Senior Prepayment Percentage | 80.490005 | % |
Subordinate Prepayment Percentage | 19.509995 | % |
Other Information | ||
Step-Down Test satisfied? | Yes |
Reports Available at | sf.citidirect.com | Page 13 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
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 | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
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 | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
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 | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
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 | 2023 Citigroup |
Distribution Date: | 01/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 01/17/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-2 | ||
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 | 2023 Citigroup |