Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | 39,308,345.29 | 3.000000 | % | 30 / 360 | 04/01 - 04/30 | 98,270.86 | 134,257.59 | 232,528.45 | 0.00 | 0.00 | 39,174,087.70 | ||||||||||||
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 | 3,345,348.62 | 3.000000 | % | 30 / 360 | 04/01 - 04/30 | 8,363.37 | 11,426.03 | 19,789.40 | 0.00 | 0.00 | 3,333,922.59 | ||||||||||||
B-1 | 9,663,000.00 | 1,889,408.16 | 3.480837 | % | 30 / 360 | 04/01 - 04/30 | 5,480.60 | 13,996.70 | 19,477.30 | 0.00 | 0.00 | 1,875,411.46 | ||||||||||||
B-2 | 7,593,000.00 | 1,484,660.70 | 3.480837 | % | 30 / 360 | 04/01 - 04/30 | 4,306.55 | 10,998.34 | 15,304.89 | 0.00 | 0.00 | 1,473,662.36 | ||||||||||||
B-3 | 6,902,000.00 | 1,349,549.35 | 3.480837 | % | 30 / 360 | 04/01 - 04/30 | 3,914.63 | 9,997.43 | 13,912.06 | 0.00 | 0.00 | 1,339,551.92 | ||||||||||||
B-4 | 3,681,000.00 | 719,746.62 | 3.480837 | % | 30 / 360 | 04/01 - 04/30 | 2,087.77 | 0.00 | 2,087.77 | 0.00 | 0.00 | 719,746.62 | ||||||||||||
B-5 | 4,832,464.00 | 4,801,835.39 | 3.480837 | % | 30 / 360 | 04/01 - 04/30 | 13,928.68 | 0.00 | 13,928.68 | 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 | 52,898,894.13 | 136,352.46 | 180,676.09 | 317,028.55 | 0.00 | 0.00 | 52,718,218.04 |
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 | 42,653,693.91 | 0.480837 | % | 30 / 360 | 04/01 - 04/30 | 17,091.22 | 0.00 | 17,091.22 | 0.00 | 0.00 | 42,508,010.29 |
Totals | 451,015,000.00 | 42,653,693.91 | 17,091.22 | 0.00 | 17,091.22 | 0.00 | 0.00 | 42,508,010.29 |
Reports Available at | sf.citidirect.com | Page 2 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | 4/28/2023 | 99.777757 | 0.249444 | 0.340791 | 0.590235 | 0.000000 | 0.000000 | 99.436966 |
A-2 | 81745 | EAK5 | 4/28/2023 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
A-3 | 81745 | EAL3 | 4/28/2023 | 334.534862 | 0.836337 | 1.142603 | 1.978940 | 0.000000 | 0.000000 | 333.392259 |
B-1 | 81745 | EAC3 | 4/28/2023 | 195.530183 | 0.567174 | 1.448484 | 2.015658 | 0.000000 | 0.000000 | 194.081699 |
B-2 | 81745 | EAD1 | 4/28/2023 | 195.530186 | 0.567174 | 1.448484 | 2.015658 | 0.000000 | 0.000000 | 194.081702 |
B-3 | 81745 | EAE9 | 4/28/2023 | 195.530187 | 0.567173 | 1.448483 | 2.015656 | 0.000000 | 0.000000 | 194.081704 |
B-4 | 81745 | EAF6 | 4/28/2023 | 195.530187 | 0.567175 | 0.000000 | 0.567175 | 0.000000 | 0.000000 | 195.530187 |
B-5 | 81745 | EAG4 | 4/28/2023 | 993.661906 | 2.882314 | 0.000000 | 2.882314 | 0.000000 | 0.000000 | 993.661906 |
R | 81745 | EAH2 | 4/28/2023 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
LT-R | 81745 | EAJ8 | 4/28/2023 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
A-IO1 | 81745 | EAB5 | 4/28/2023 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
A-IO2 | 81745 | VAA9 | 4/28/2023 | 99.777757 | 0.039981 | 0.000000 | 0.039981 | 0.000000 | 0.000000 | 99.436966 |
Reports Available at | sf.citidirect.com | Page 3 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | 39,308,345.29 | 3.000000 | % | 3.000000 | % | 30 / 360 | 98,270.86 | 0.00 | 0.00 | 0.00 | 98,270.86 | 0.00 | 98,270.86 | 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 | 3,345,348.62 | 3.000000 | % | 3.000000 | % | 30 / 360 | 8,363.37 | 0.00 | 0.00 | 0.00 | 8,363.37 | 0.00 | 8,363.37 | 0.00 | |||||||||||
B-1 | 1,889,408.16 | 3.480837 | % | 3.480958 | % | 30 / 360 | 5,480.60 | 0.00 | 0.00 | 0.00 | 5,480.60 | 0.00 | 5,480.60 | 0.00 | |||||||||||
B-2 | 1,484,660.70 | 3.480837 | % | 3.480958 | % | 30 / 360 | 4,306.55 | 0.00 | 0.00 | 0.00 | 4,306.55 | 0.00 | 4,306.55 | 0.00 | |||||||||||
B-3 | 1,349,549.35 | 3.480837 | % | 3.480958 | % | 30 / 360 | 3,914.63 | 0.00 | 0.00 | 0.00 | 3,914.63 | 0.00 | 3,914.63 | 0.00 | |||||||||||
B-4 | 719,746.62 | 3.480837 | % | 3.480958 | % | 30 / 360 | 2,087.77 | 0.00 | 0.00 | 0.00 | 2,087.77 | 0.00 | 2,087.77 | 0.00 | |||||||||||
B-5 | 4,801,835.39 | 3.480837 | % | 3.480958 | % | 30 / 360 | 13,928.68 | 939.36 | 0.00 | 0.00 | 14,868.04 | 0.00 | 13,928.68 | 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 | 52,898,894.13 | 136,352.46 | 939.36 | 0.00 | 0.00 | 137,291.82 | 0.00 | 136,352.46 | 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 | 42,653,693.91 | 0.480837 | % | 0.480958 | % | 30 / 360 | 17,091.22 | 0.00 | 0.00 | 0.00 | 17,091.22 | 0.00 | 17,091.22 | 0.00 |
Totals | 42,653,693.91 | 17,091.22 | 0.00 | 0.00 | 0.00 | 17,091.22 | 0.00 | 17,091.22 | 0.00 |
Reports Available at | sf.citidirect.com | Page 4 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | 39,308,345.29 | 130,689.48 | 3,568.11 | 0.00 | 0.00 | 0.00 | 39,174,087.70 | 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 | 3,345,348.62 | 11,122.37 | 303.67 | 0.00 | 0.00 | 0.00 | 3,333,922.59 | 0.00 | 2.17 | % | 6.32 | % | 7.10 | % | 19.37 | % | |||||||||||
B-1 | 9,663,000.00 | 1,889,408.16 | 13,624.71 | 371.98 | 0.00 | 0.00 | 0.00 | 1,875,411.46 | 0.00 | 2.10 | % | 3.56 | % | 5.00 | % | 15.81 | % | |||||||||||
B-2 | 7,593,000.00 | 1,484,660.70 | 10,706.04 | 292.30 | 0.00 | 0.00 | 0.00 | 1,473,662.36 | 0.00 | 1.65 | % | 2.80 | % | 3.35 | % | 13.01 | % | |||||||||||
B-3 | 6,902,000.00 | 1,349,549.35 | 9,731.74 | 265.70 | 0.00 | 0.00 | 0.00 | 1,339,551.92 | 0.00 | 1.50 | % | 2.54 | % | 1.85 | % | 10.47 | % | |||||||||||
B-4 | 3,681,000.00 | 719,746.62 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 719,746.62 | 0.00 | 0.80 | % | 1.37 | % | 1.05 | % | 9.11 | % | |||||||||||
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 | % | 9.11 | % | 0.00 | % | 0.00 | % | |||||||||||
Totals | 460,158,464.00 | 52,898,894.13 | 175,874.34 | 4,801.76 | 0.00 | 0.00 | 0.00 | 52,718,218.04 | 30,628.61 | 100 | % | 100 | % |
Reports Available at | sf.citidirect.com | Page 5 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
Reconciliation Detail |
SOURCE OF FUNDS | |||
Interest Funds Available | |||
Scheduled Interest | 165,345.99 | ||
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: | 165,345.99 | ||
Principal Funds Available | |||
Scheduled Principal | 175,874.34 | ||
Curtailments | 4,787.17 | ||
Curtailments Adjustments | 14.58 | ||
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: | 180,676.09 | ||
Total Funds Available | 346,022.08 |
ALLOCATION OF FUNDS | ||
Scheduled Fees | ||
Master Servicing Fee | 0.00 | |
Servicing Fee | 11,020.62 | |
Trustee Fee | 52.89 | |
Securities Adminstrator Fee | 828.80 | |
Total Scheduled Fees: | 11,902.31 | |
Additional Fees, Expenses, etc. | ||
Trust Fund Expenses | 0.00 | |
Other Expenses | 0.00 | |
Total Additional Fees, Expenses, etc.: | 0.00 | |
Distributions | ||
Interest Distribution | 153,443.68 | |
Principal Distribution | 180,676.09 | |
Total Distributions: | 334,119.77 | |
Total Funds Allocated | 346,022.08 |
Reports Available at | sf.citidirect.com | Page 6 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | 52,898,894.17 | 52,718,218.08 | 11.46 | % | |||
Aggregate Actual Principal Balance | 460,158,464.20 | 53,029,419.84 | 52,855,559.80 | 11.49 | % | |||
Loan Count | 603 | 90 | 90 | 513 | ||||
Weighted Average Coupon Rate (WAC) | 3.834553 | % | 3.750837 | % | 3.750958 | % | -0.083595 | % |
Net Weighted Average Coupon Rate (Net WAC) | 3.564553 | % | 3.480837 | % | 3.480958 | % | -0.083595 | % |
Weighted Average Remaining Term (WART in months) | 357 | 238 | 237 | 120 |
AVAILABLE PRINCIPAL | |
Scheduled Principal | 175,874.34 |
Curtailments | 4,787.17 |
Curtailments Adjustments | 14.58 |
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 | 180,676.09 |
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 | 165,345.99 | |
Less: | Servicing Fee | 11,020.62 |
Trustee Fee | 52.89 | |
Securities Adminstrator Fee | 828.80 | |
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 | 153,443.68 |
Reports Available at | sf.citidirect.com | Page 7 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | 344,583.38 | 0.65 | 3.0000 | 61 | |
3.01 to 3.15 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
3.16 to 3.30 | 2 | 1,014,769.77 | 1.92 | 3.2500 | 224 | |
3.31 to 3.45 | 3 | 2,589,082.17 | 4.91 | 3.3750 | 239 | |
3.46 to 3.60 | 8 | 6,051,622.24 | 11.48 | 3.5042 | 229 | |
3.61 to 3.75 | 35 | 19,308,560.55 | 36.63 | 3.7099 | 239 | |
3.76 to 3.90 | 30 | 17,499,446.78 | 33.19 | 3.8750 | 240 | |
3.91 to 4.05 | 7 | 3,526,136.63 | 6.69 | 4.0000 | 240 | |
4.06 to 4.20 | 3 | 1,701,702.82 | 3.23 | 4.1250 | 240 | |
4.21 to 4.35 | 1 | 682,313.74 | 1.29 | 4.2500 | 239 | |
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 | 90 | 52,718,218.08 | 100.00 | 3.7510 | 237 |
Ending Scheduled Balance | |||||
Ending Sched | # of | Ending Sched | % of Agg | ||
Balance | Loans | Balance | Balance | WAC | WART |
1 to 150,000 | 2 | 249,400.97 | 0.47 | 3.5433 | 176 |
150,001 to 300,000 | 4 | 840,489.17 | 1.59 | 3.8376 | 240 |
300,001 to 450,000 | 15 | 6,002,625.45 | 11.39 | 3.7317 | 229 |
450,001 to 600,000 | 30 | 15,736,527.14 | 29.85 | 3.7969 | 236 |
600,001 to 750,000 | 20 | 13,027,242.00 | 24.71 | 3.8258 | 240 |
750,001 to 900,000 | 12 | 9,684,349.61 | 18.37 | 3.6446 | 240 |
900,001 to 1,050,000 | 5 | 4,783,084.94 | 9.07 | 3.6743 | 239 |
1,050,001 to 1,200,000 | 1 | 1,053,827.68 | 2.00 | 3.8750 | 239 |
1,200,001 to 1,350,000 | 1 | 1,340,671.12 | 2.54 | 3.5000 | 239 |
Totals | 90 | 52,718,218.08 | 100.00 | 3.7510 | 237 |
Reports Available at | sf.citidirect.com | Page 8 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | 389,463.49 | 1 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 389,463.49 | 1 | ||||||||||
0.738765 | % | 1.1 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.738765 | % | 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 | 389,463.49 | 1 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 389,463.49 | 1 | ||||||||||
0.738765 | % | 1.1 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.738765 | % | 1.1 | % |
Principal and Interest Advances | 253,497.16 |
Reports Available at | sf.citidirect.com | Page 9 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | ||||||||||||||
05/2023 | 389,463 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 389,463 | 1 | ||||||||||||||
0.739 | % | 1.1 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.739 | % | 1.1 | % | |
04/2023 | 1,157,954 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,157,954 | 2 | ||||||||||||||
2.189 | % | 2.2 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.189 | % | 2.2 | % | |
03/2023 | 569,778 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 569,778 | 1 | ||||||||||||||
1.073 | % | 1.1 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.073 | % | 1.1 | % | |
02/2023 | 571,370 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 571,370 | 1 | ||||||||||||||
1.063 | % | 1.1 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.063 | % | 1.1 | % | |
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 | 574,539 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 574,539 | 1 | ||||||||||||||
1.045 | % | 1.1 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.045 | % | 1.1 | % | |
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 | % |
Reports Available at | sf.citidirect.com | Page 10 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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-May-2023 | 120.49 | 52,718,218.08 | 175,874.34 | 4,801.75 | 0.00 | 0.009 | % | 0.109 | % | 2 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Apr-2023 | 119.49 | 52,898,894.17 | 175,224.41 | 34,581.13 | 0.00 | 0.065 | % | 0.781 | % | 13 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Mar-2023 | 118.48 | 53,108,699.71 | 175,605.48 | 468,757.61 | 0.00 | 0.875 | % | 10.008 | % | 167 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Feb-2023 | 117.48 | 53,753,062.80 | 174,853.67 | 65,613.24 | 0.00 | 0.122 | % | 1.453 | % | 24 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jan-2023 | 116.49 | 53,993,529.71 | 176,432.47 | 790,312.73 | 0.00 | 1.443 | % | 16.002 | % | 267 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Dec-2022 | 115.49 | 54,960,274.91 | 178,407.50 | 181,314.63 | 0.00 | 0.329 | % | 3.875 | % | 65 | % | 0.000 | % | 0.000 | % | 0 | % |
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 | % |
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) |
Reports Available at | sf.citidirect.com | Page 11 of 18 | © Copyright | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
Mortgage Pass-Through Certificates | ||
Series 2013-8 | ||
Waterfall Detail |
Remaining | |||
DISTRIBUTIONS | Amount | Available | |
Distributed | Funds | ||
Available Distribution Amount | 334,119.77 | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (123,725.45 | ) | 210,394.32 |
Senior Certificates, the Senior Principal Distribution Amount | (145,683.62 | ) | 64,710.70 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (5,480.60 | ) | 59,230.10 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | (13,996.70 | ) | 45,233.40 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (4,306.55 | ) | 40,926.85 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | (10,998.34 | ) | 29,928.51 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (3,914.63 | ) | 26,013.88 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | (9,997.43 | ) | 16,016.45 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (2,087.77 | ) | 13,928.68 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | 0.00 | 13,928.68 | |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (13,928.68 | ) | 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: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | 2023 Citigroup |
Distribution Date: | 05/25/2023 | Sequoia Mortgage Trust |
Determination Date: | 05/16/2023 | |
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 | 2023 Citigroup |