Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
STATEMENT TO NOTEHOLDERS |
April 25, 2025 |
TRANSACTION PARTIES | ||
Depositor: | Sequoia Residential Funding, Inc. | |
Trustee: | Christiana Trust | |
Master Servicer: | Wells Fargo Bank, N.A. | |
Karen Schluter | Citibank, Agency and Trust | |
(212) 816-5827 | 388 Greenwich Street Trading, 4th Floor | |
karen.schluter@citi.com | New York, NY 10013 |
TABLE OF CONTENTS | |||
1 | . | Distribution Summary | 2 |
1.1 | . | Summary | 2 |
1.2 | . | Factors | 3 |
2 | . | Distribution Detail | 4 |
2.1 | . | Interest Detail | 4 |
2.2 | . | Interest Shortfall Detail | 5 |
2.3 | . | Principal Detail | 6 |
3 | . | Reconciliation Detail | 7 |
4 | . | Collateral Performance - Pool and Collections Summary | 8 |
5 | . | Stratification Detail | 9 |
6 | . | Collateral Performance - Delinquency and Loan Status History | 10 |
7 | . | Standard Prepayment and Default Information | 11 |
8 | . | Additional Reporting | 12 |
9 | . | Other Information | 13 |
10 | . | Notes | 14 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 1 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-2 | |
DISTRIBUTION SUMMARY |
April 25, 2025 |
Accrual | Other | Non-Cash | |||||||||||
Original | Prior | Pass-Through | Day | Interest | (As Interest) | Principal | Total | Realized Loss | Balance | Current | |||
Class | Balance | Balance | Rate | Count | Distributed | Distributed | Distributed | Distributed | /(Recovery) | Change | Balance | ||
A | 619,163,000.00 | 41,713,802.17 | 1.874000 | % | 30/360 | 65,143.05 | - | 802,219.81 | 867,362.86 | - | - | 40,911,582.36 | |
B-1 | 14,654,000.00 | 1,278,268.93 | 3.639812 | % | 30/360 | 3,877.22 | - | 71,894.70 | 75,771.92 | - | - | 1,206,374.23 | |
B-2 | 12,657,000.00 | 1,104,070.58 | 3.639812 | % | 30/360 | 3,348.84 | - | 62,097.12 | 65,445.96 | - | - | 1,041,973.46 | |
B-3 | 6,661,000.00 | 581,039.27 | 3.639812 | % | 30/360 | 1,762.39 | - | 32,679.85 | 34,442.24 | - | - | 548,359.42 | |
B-4 | 5,662,000.00 | 493,896.47 | 3.639812 | % | 30/360 | 1,498.08 | - | 27,778.61 | 29,276.69 | - | - | 466,117.86 | |
B-5 | 7,328,404.00 | 6,653,745.04 | 3.639812 | % | 30/360 | 20,182.00 | - | - | 20,182.00 | - | - | 6,653,745.04 | |
LT-R | - | - | 0.000000 | % | - | - | - | - | - | - | - | - | |
R | - | - | 0.000000 | % | - | - | - | - | - | - | - | - | |
Total | 666,125,404.00 | 51,824,822.46 | 95,811.58 | - | 996,670.09 | 1,092,481.67 | - | - | 50,828,152.37 | ||||
Notional | |||||||||||||
A-IO1 | 619,163,000.00 | 41,713,802.17 | 0.626000 | % | 30/360 | 21,760.70 | - | - | 21,760.70 | - | (802,219.81 | ) | 40,911,582.36 |
A-IO2 | 619,163,000.00 | 41,713,802.17 | 1.139812 | % | 30/360 | 39,621.58 | - | - | 39,621.58 | - | (802,219.81 | ) | 40,911,582.36 |
Total | 1,238,326,000.00 | 83,427,604.34 | 61,382.28 | - | - | 61,382.28 | - | (1,604,439.62 | ) | 81,823,164.72 | |||
Grand Total | 1,904,451,404.00 | 135,252,426.80 | 157,193.86 | - | 996,670.09 | 1,153,863.95 | - | (1,604,439.62 | ) | 132,651,317.09 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 2 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
DISTRIBUTION SUMMARY - FACTORS |
April 25, 2025 |
Other | Non-Cash | |||||||||
Record | Interest | (As Interest) | Principal | Total | Realized Loss | Balance | Current | |||
Class | CUSIP | Date | Distributed | Distributed | Distributed | Distributed | /(Recovery) | Change | Balance | |
A | 81745 | MAA9 | 03/31/2025 | 0.10521147 | - | 1.29565205 | 1.40086352 | - | - | 66.07562526 |
B-1 | 81745 | MAD3 | 03/31/2025 | 0.26458441 | - | 4.90614849 | 5.17073291 | - | - | 82.32388631 |
B-2 | 81745 | MAE1 | 03/31/2025 | 0.26458402 | - | 4.90614838 | 5.17073240 | - | - | 82.32388876 |
B-3 | 81745 | MAF8 | 03/31/2025 | 0.26458340 | - | 4.90614773 | 5.17073112 | - | - | 82.32388831 |
B-4 | 81745 | MAG6 | 03/31/2025 | 0.26458495 | - | 4.90614800 | 5.17073296 | - | - | 82.32388909 |
B-5 | 81745 | MAH4 | 03/31/2025 | 2.75394206 | - | - | 2.75394206 | - | - | 907.93916929 |
LT-R | 81745 | MAK7 | 03/31/2025 | - | - | - | - | - | - | - |
R | 81745 | MAJ0 | 03/31/2025 | - | - | - | - | - | - | - |
A-IO1 | 81745 | MAB7 | 03/31/2025 | 0.03514535 | - | - | 0.03514535 | - | - | 66.07562526 |
A-IO2 | 81745 | MAC5 | 03/31/2025 | 0.06399216 | - | - | 0.06399216 | - | - | 66.07562526 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 3 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
DISTRIBUTION INFORMATION - INTEREST DETAIL |
April 25, 2025 |
Rate | Interest | Shortfall | Paid | |||||||||||
Accrual | Net | Non | Carry | |||||||||||
Class | Current | Next | Dates | Accrued | Deferred | Recovered | Forward | Accrued | Carry Forward | Total | ||||
A | 1.87400 | % | 1.87400 | % | 03/01-03/31 | 65,143.05 | - | - | - | 65,143.05 | - | 65,143.05 | ||
B-1 | 3.63981 | % | 3.63844 | % | 03/01-03/31 | 3,877.22 | - | - | - | 3,877.22 | - | 3,877.22 | ||
B-2 | 3.63981 | % | 3.63844 | % | 03/01-03/31 | 3,348.84 | - | - | - | 3,348.84 | - | 3,348.84 | ||
B-3 | 3.63981 | % | 3.63844 | % | 03/01-03/31 | 1,762.39 | - | - | - | 1,762.39 | - | 1,762.39 | ||
B-4 | 3.63981 | % | 3.63844 | % | 03/01-03/31 | 1,498.08 | - | - | - | 1,498.08 | - | 1,498.08 | ||
B-5 | 3.63981 | % | 3.63844 | % | 03/01-03/31 | 20,181.99 | - | - | - | 20,181.99 | 0.01 | 20,182.00 | ||
LT-R | 0.00000 | % | 0.00000 | % | 03/01-03/31 | - | - | - | - | - | - | - | ||
R | 0.00000 | % | 0.00000 | % | 03/01-03/31 | - | - | - | - | - | - | - | ||
Total | 95,811.57 | - | - | - | 95,811.57 | 0.01 | 95,811.58 | |||||||
Notional | ||||||||||||||
A-IO1 | 0.62600 | % | 0.62600 | % | 03/01-03/31 | 21,760.70 | - | - | - | 21,760.70 | - | 21,760.70 | ||
A-IO2 | 1.13981 | % | 1.13844 | % | 03/01-03/31 | 39,621.58 | - | - | - | 39,621.58 | - | 39,621.58 | ||
Total | 61,382.28 | - | - | - | 61,382.28 | - | 61,382.28 | |||||||
Grand Total | 157,193.85 | - | - | - | 157,193.85 | 0.01 | 157,193.86 |
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Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
DISTRIBUTION INFORMATION - INTEREST SHORTFALL DETAIL |
April 25, 2025 |
Carry Forward Interest | ||||||
Non-Recov | ||||||
Class | Shortall | Prior | Int. on Prior | New | Paid | Outstanding |
A | - | - | - | - | - | - |
B-1 | - | - | - | - | - | - |
B-2 | - | - | - | - | - | - |
B-3 | - | - | - | - | - | - |
B-4 | - | - | - | - | - | - |
B-5 | - | 263.50 | - | - | 0.01 | 263.49 |
LT-R | - | - | - | - | - | - |
R | - | - | - | - | - | - |
Total | - | 263.50 | - | - | 0.01 | 263.49 |
Notional | ||||||
A-IO1 | - | - | - | - | - | - |
A-IO2 | - | - | - | - | - | - |
Total | - | - | - | - | - | - |
Grand Total | - | 263.50 | - | - | 0.01 | 263.49 |
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Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
DISTRIBUTION INFORMATION - PRINCIPAL DETAIL |
April 25, 2025 |
Cumulative |
Non-Cash | ||||||||
Prior | Scheduled | Unscheduled | Principal | Realized Loss | Balance | Current | Realized | |
Class | Balance | Principal | Principal | Distributed | /(Recovery) | Change | Balance | Loss |
A | 41,713,802.17 | 170,095.27 | 632,124.54 | 802,219.81 | - | - | 40,911,582.36 | - |
B-1 | 1,278,268.93 | 15,243.89 | 56,650.81 | 71,894.70 | - | - | 1,206,374.23 | - |
B-2 | 1,104,070.58 | 13,166.50 | 48,930.62 | 62,097.12 | - | - | 1,041,973.46 | - |
B-3 | 581,039.27 | 6,929.13 | 25,750.72 | 32,679.85 | - | - | 548,359.42 | - |
B-4 | 493,896.47 | 5,889.92 | 21,888.69 | 27,778.61 | - | - | 466,117.86 | - |
B-5 | 6,653,745.04 | - | - | - | - | - | 6,653,745.04 | - |
LT-R | - | - | - | - | - | - | - | - |
R | - | - | - | - | - | - | - | - |
Total | 51,824,822.46 | 211,324.71 | 785,345.38 | 996,670.09 | - | - | 50,828,152.37 | - |
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Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-2 | |
RECONCILIATION DETAIL |
April 25, 2025 |
SOURCE OF FUNDS | ALLOCATION OF FUNDS | |||||
Interest Funds Available | Scheduled Fees | |||||
Scheduled Interest | 168,595.28 | Master Servicing Fee | 157.61 | |||
Uncompensated PPIS | 0.00 | Servicing Fee | 10,796.87 | |||
Relief Act Shortfall | 0.00 | Trustee Fee | 36.67 | |||
Losses in Excess of Principal Balance | 0.00 | Securities Administrator Fee | 410.28 | |||
Stop Advance Interest | 0.00 | |||||
Total Scheduled Fees | 11,401.43 | |||||
Other Interest Reductions | 0.00 | |||||
Additional Fees, Expenses, etc. | ||||||
Total Interest Funds Available | 168,595.28 | Trust Fund Expenses | 0.00 | |||
Principal Funds Available | Other Expenses | 0.00 | ||||
Scheduled Principal | 211,324.71 | |||||
Total Additional Fees, Expenses, etc. | - | |||||
Curtailments | 133,266.37 | |||||
Distributions | ||||||
Prepayments in Full | 652,079.02 | |||||
Interest Distribution | 157,193.86 | |||||
Liquidation Principal | 0.00 | |||||
Principal Distribution | 996,670.09 | |||||
Repurchased Principal | 0.00 | |||||
Other Principal | 0.00 | Total Distributions | 1,153,863.95 | |||
Substitution Principal | 0.00 | |||||
Principal Losses and Forgiveness | 0.00 | |||||
Subsequent Recoveries / (Losses) | 0.00 | |||||
Total Principal Funds Available | 996,670.10 | |||||
Total Funds Available | 1,165,265.38 | |||||
Total Funds Allocated | 1,165,265.38 |
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Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
COLLATERAL PERFORMANCE - POOL AND COLLECTIONS SUMMARY |
April 25, 2025 |
Deal | Initial | Beginning | Ending | Initial | Beginning | Ending | ||||
Count | 777 | 100 | 99 | Remaining Term | 357 | 210 | 209 | |||
Scheduled | 666,125,404.69 | 51,824,822.57 | 50,828,152.47 | Gross Rate | 3.94653 | % | 3.90381 | % | 3.90244 | % |
Actual | 666,125,404.69 | 52,094,587.72 | 51,084,104.12 | Net Rate | 3.68253 | % | 3.63981 | % | 3.63844 | % |
Interest Bearing | 666,125,404.69 | 51,824,822.57 | 50,828,152.47 | |||||||
Principal Collections | Realized Losses | Interest Collections | ||||||||
Scheduled Principal | 211,324.71 | Principal Losses and | Scheduled Interest | 168,595.28 | ||||||
- | ||||||||||
Forgiveness | ||||||||||
Curtailments | 133,266.37 | Less: | - | |||||||
Losses in Excess of Principal | ||||||||||
Curtailments Adjustments | - | - | Master Servicing Fee | 157.61 | ||||||
Balance | ||||||||||
Prepayments in Full | 652,079.02 | Subsequent (Recoveries) / | Servicing Fee | 10,796.87 | ||||||
- | ||||||||||
Losses | ||||||||||
Liquidation Principal | - | Trustee Fee | 36.67 | |||||||
Cumulative Realized Losses | - | |||||||||
Repurchased Principal | - | Securities Administrator Fee | 410.28 | |||||||
Other Principal | - | Uncompensated PPIS | - | |||||||
Substitution Principal | - | Relief Act Shortfall | - | |||||||
Principal Losses and Forgiveness | - | Other Expenses | - | |||||||
Subsequent Recoveries / (Losses) | - | Losses in Excess of Principal Balance | - | |||||||
Stop Advance Interest | - | |||||||||
Other Interest Reductions | - |
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Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-2 | |
STRATIFICATION DETAIL |
April 25, 2025 |
Loan Rate | |||||
Asset | Ending Scheduled | % of | |||
Loan Rate Range | Count | Balance | Agg.Bal. | WAC | WAM |
3.00 or Less | 0 | 0.00 | 0.00 | 0.0000 | 0 |
3.01 to 3.50 | 10 | 4,398,727.44 | 8.65 | 3.4374 | 205 |
3.51 to 4.00 | 58 | 32,443,511.56 | 63.83 | 3.8302 | 210 |
4.01 to 4.50 | 27 | 12,742,706.93 | 25.07 | 4.1772 | 207 |
4.51 to 5.00 | 4 | 1,243,206.54 | 2.45 | 4.6185 | 207 |
5.01 to 5.50 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
5.51 to 6.00 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
6.01 to 6.50 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
6.51 to 7.00 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
7.01 to 7.50 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
7.51 to 8.00 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
8.01 or Greater | 0 | 0.00 | 0.00 | 0.0000 | 0 |
Total | 99 | 50,828,152.47 | 100.00 | 3.9024 | 208 |
Ending Schedule Balance | |||||
Ending Schedule Balance | Asset | Ending Scheduled | % of | ||
Range | Count | Balance | Agg.Bal. | WAC | WAM |
1 to 200,000 | 15 | 2,083,979.98 | 4.10 | 4.0619 | 176 |
200,001 to 400,000 | 19 | 5,846,835.21 | 11.50 | 3.9688 | 210 |
400,001 to 600,000 | 29 | 13,885,983.05 | 27.32 | 3.9120 | 210 |
600,001 to 800,000 | 22 | 15,461,111.57 | 30.42 | 3.9065 | 210 |
800,001 to 1,000,000 | 10 | 8,682,390.59 | 17.08 | 3.8374 | 210 |
1,000,001 to 1,200,000 | 1 | 1,045,084.76 | 2.06 | 3.8000 | 211 |
1,200,001 to 1,400,000 | 3 | 3,822,767.31 | 7.52 | 3.8383 | 208 |
1,400,001 to 1,600,000 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
1,600,001 to 1,800,000 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
1,800,001 to 2,000,000 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
2,000,001 or Greater | 0 | 0.00 | 0.00 | 0.0000 | 0 |
Total | 99 | 50,828,152.47 | 100.00 | 3.9024 | 208 |
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Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
COLLATERAL PERFORMANCE - DELINQUENCY AND LOAN STATUS HISTORY |
April 25, 2025 |
Delinquent | ||||||||||||||||||||||||||||||||||||
(Does not include loans in Bankruptcy, Foreclosure, or REO) | ||||||||||||||||||||||||||||||||||||
30 | Day | 60 | Day | 90 | Day | 120 | Day | 150 | Day | 180 | + Day | Bankruptcy | Foreclosure | REO | ||||||||||||||||||||||
Distribution | ||||||||||||||||||||||||||||||||||||
Date | Count | Balance | Count | Balance | Count Balance | Count | Balance | Count | Balance | Count | Balance | Count | Balance | Count | Balance | Count | Balance | |||||||||||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 784,293 | 0 | 0 | 0 | 0 | |||||||||||||||||||
04/25/2025 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 1.01 | % | 1.54 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 786,721 | 0 | 0 | 0 | 0 | |||||||||||||||||||
03/25/2025 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 1.00 | % | 1.52 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 789,141 | 0 | 0 | 0 | 0 | |||||||||||||||||||
02/25/2025 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 1.00 | % | 1.52 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 791,551 | 0 | 0 | 0 | 0 | |||||||||||||||||||
01/27/2025 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.99 | % | 1.51 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 793,951 | 0 | 0 | 0 | 0 | |||||||||||||||||||
12/26/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.98 | % | 1.50 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 796,343 | 0 | 0 | 0 | 0 | |||||||||||||||||||
11/25/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.98 | % | 1.49 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 798,726 | 0 | 0 | 0 | 0 | |||||||||||||||||||
10/25/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.97 | % | 1.49 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 801,099 | 0 | 0 | 0 | 0 | |||||||||||||||||||
09/25/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.97 | % | 1.49 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
1 | 480,626 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 803,463 | 0 | 0 | 0 | 0 | |||||||||||||||||||
08/26/2024 | ||||||||||||||||||||||||||||||||||||
0.96 | % | 0.88 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.96 | % | 1.46 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 805,819 | 0 | 0 | 0 | 0 | |||||||||||||||||||
07/25/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.95 | % | 1.46 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 808,165 | 0 | 0 | 0 | 0 | |||||||||||||||||||
06/25/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.95 | % | 1.46 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 810,502 | 0 | 0 | 0 | 0 | |||||||||||||||||||
05/28/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.94 | % | 1.41 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 10 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
STANDARD PREPAYMENT AND DEFAULT INFORMATION |
April 25, 2025 |
Wtd. Avg. | Current | ||||||||||||||||
Payment | Age | Collateral | Scheduled | Unscheduled | Liquidation | ||||||||||||
Date | (Months) | Balance | Principal | Principal | Principal | SMM | CPR | PSA | MDR | CDR | SDA | ||||||
25-Apr-2025 | 149.88 | 50,828,152.47 | 211,324.71 | 785,345.39 | - | 1.522 | % | 16.806 | % | 280 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Mar-2025 | 148.88 | 51,824,822.57 | 210,546.70 | 29,208.00 | - | 0.056 | % | 0.674 | % | 11 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Feb-2025 | 147.88 | 52,064,577.27 | 210,078.14 | 151,079.86 | - | 0.289 | % | 3.417 | % | 57 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Jan-2025 | 146.86 | 52,425,735.27 | 210,678.57 | 455,820.93 | - | 0.862 | % | 9.867 | % | 164 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Dec-2024 | 145.86 | 53,092,234.77 | 209,910.96 | 26,788.85 | - | 0.050 | % | 0.604 | % | 10 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Nov-2024 | 144.86 | 53,328,934.58 | 212,215.73 | 165,244.07 | - | 0.309 | % | 3.644 | % | 61 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Oct-2024 | 143.86 | 53,706,394.38 | 211,455.84 | 23,016.47 | - | 0.043 | % | 0.513 | % | 9 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Sep-2024 | 142.83 | 53,940,866.69 | 212,903.77 | 724,816.46 | - | 1.326 | % | 14.800 | % | 247 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Aug-2024 | 141.83 | 54,878,586.92 | 214,133.75 | 27,997.59 | - | 0.051 | % | 0.610 | % | 10 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jul-2024 | 140.83 | 55,120,718.26 | 213,365.87 | 23,738.56 | - | 0.043 | % | 0.515 | % | 9 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jun-2024 | 139.83 | 55,357,822.69 | 219,550.53 | 1,831,415.19 | - | 3.202 | % | 32.333 | % | 539 | % | 0.000 | % | 0.000 | % | 0 | % |
28-May-2024 | 138.83 | 57,408,788.41 | 220,883.49 | 27,985.22 | - | 0.049 | % | 0.583 | % | 10 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Apr-2024 | 137.81 | 57,657,657.12 | 221,715.03 | 711,528.84 | - | 1.219 | % | 13.686 | % | 228 | % | 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 | v. 21.09.28 | Page 11 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-2 | |
ADDITIONAL REPORTING |
April 25, 2025 |
Amount Remaining Funds |
1,153,863.95 |
Waterfall Detail | ||
Available Distribution Amount | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -126,525.33 | 1,027,338.62 |
Senior Certificates, the Senior Principal Distribution Amount | -802,219.81 | 225,118.81 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,877.22 | 221,241.59 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | -71,894.70 | 149,346.89 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,348.84 | 145,998.05 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | -62,097.12 | 83,900.93 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -1,762.39 | 82,138.54 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | -32,679.85 | 49,458.69 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -1,498.08 | 47,960.61 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | -27,778.61 | 20,182.00 |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -20,182.00 | 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 | v. 21.09.28 | Page 12 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-2 | |
OTHER INFORMATION |
April 25, 2025 |
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? | Y |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 13 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-2 | |
NOTES | |
No Notes available for this deal at this time. |
April 25, 2025 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 14 of 14 | © Copyright 2025 Citigroup |