Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-3 |
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 2013-3 | |
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-1 | 150,196,000.00 | 14,917,063.65 | 2.000000 | % | 30/360 | 24,861.77 | - | 57,426.62 | 82,288.39 | - | - | 14,859,637.03 | |
A-2 | 411,000,000.00 | 40,819,416.98 | 2.500000 | % | 30/360 | 85,040.45 | - | 157,143.60 | 242,184.05 | - | - | 40,662,273.38 | |
B-1 | 11,404,000.00 | 1,689,263.65 | 3.529171 | % | 30/360 | 4,968.08 | - | 14,622.69 | 19,590.77 | - | - | 1,674,640.96 | |
B-2 | 9,904,000.00 | 1,467,070.07 | 3.529171 | % | 30/360 | 4,314.62 | - | 12,699.32 | 17,013.94 | - | - | 1,454,370.75 | |
B-3 | 8,102,000.00 | 1,200,141.52 | 3.529171 | % | 30/360 | 3,529.59 | - | 10,388.72 | 13,918.31 | - | - | 1,189,752.80 | |
B-4 | 3,001,000.00 | 444,535.26 | 3.529171 | % | 30/360 | 1,307.37 | - | 3,848.01 | 5,155.38 | - | - | 440,687.25 | |
B-5 | 6,603,241.00 | 5,994,232.85 | 3.529171 | % | 30/360 | 17,628.89 | - | - | 17,628.89 | - | - | 5,994,232.85 | |
LT-R | - | - | 0.000000 | % | - | - | - | - | - | - | - | - | |
R | - | - | 0.000000 | % | - | - | - | - | - | - | - | - | |
Total | 600,210,241.00 | 66,531,723.98 | 141,650.77 | - | 256,128.96 | 397,779.73 | - | - | 66,275,595.02 | ||||
Notional | |||||||||||||
A-IO1 | 150,196,000.00 | 14,917,063.65 | 0.500000 | % | 30/360 | 6,215.44 | - | - | 6,215.44 | - | (57,426.62 | ) | 14,859,637.03 |
A-IO2 | 561,196,000.00 | 55,736,480.63 | 1.029171 | % | 30/360 | 47,801.97 | - | - | 47,801.97 | - | (214,570.21 | ) | 55,521,910.42 |
Total | 711,392,000.00 | 70,653,544.28 | 54,017.41 | - | - | 54,017.41 | - | (271,996.83 | ) | 70,381,547.45 | |||
Grand Total | 1,311,602,241.00 | 137,185,268.26 | 195,668.18 | - | 256,128.96 | 451,797.14 | - | (271,996.83 | ) | 136,657,142.47 |
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Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-3 |
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-1 | 81745 | RAA8 | 03/31/2025 | 0.16552884 | - | 0.38234454 | 0.54787338 | - | - | 98.93497184 |
A-2 | 81745 | RAB6 | 03/31/2025 | 0.20691107 | - | 0.38234453 | 0.58925560 | - | - | 98.93497173 |
B-1 | 81745 | RAG5 | 03/31/2025 | 0.43564363 | - | 1.28224220 | 1.71788583 | - | - | 146.84680463 |
B-2 | 81745 | RAH3 | 03/31/2025 | 0.43564418 | - | 1.28224152 | 1.71788570 | - | - | 146.84680432 |
B-3 | 81745 | RAJ9 | 03/31/2025 | 0.43564429 | - | 1.28224142 | 1.71788571 | - | - | 146.84680326 |
B-4 | 81745 | RAK6 | 03/31/2025 | 0.43564479 | - | 1.28224259 | 1.71788737 | - | - | 146.84680107 |
B-5 | 81745 | RAL4 | 03/31/2025 | 2.66973294 | - | - | 2.66973294 | - | - | 907.77132775 |
LT-R | 81745 | RAN0 | 03/31/2025 | - | - | - | - | - | - | - |
R | 81745 | RAM2 | 03/31/2025 | - | - | - | - | - | - | - |
A-IO1 | 81745 | RAD2 | 03/31/2025 | 0.04138219 | - | - | 0.04138219 | - | - | 98.93497184 |
A-IO2 | 81745 | RAE0 | 03/31/2025 | 0.08517874 | - | - | 0.08517874 | - | - | 98.93497177 |
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Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-3 |
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 | 2.00000 | % | 2.00000 | % | 03/01-03/31 | 24,861.77 | - | - | - | 24,861.77 | - | 24,861.77 | ||
A-2 | 2.50000 | % | 2.50000 | % | 03/01-03/31 | 85,040.45 | - | - | - | 85,040.45 | - | 85,040.45 | ||
B-1 | 3.52917 | % | 3.52918 | % | 03/01-03/31 | 4,968.08 | - | - | - | 4,968.08 | - | 4,968.08 | ||
B-2 | 3.52917 | % | 3.52918 | % | 03/01-03/31 | 4,314.62 | - | - | - | 4,314.62 | - | 4,314.62 | ||
B-3 | 3.52917 | % | 3.52918 | % | 03/01-03/31 | 3,529.59 | - | - | - | 3,529.59 | - | 3,529.59 | ||
B-4 | 3.52917 | % | 3.52918 | % | 03/01-03/31 | 1,307.37 | - | - | - | 1,307.37 | - | 1,307.37 | ||
B-5 | 3.52917 | % | 3.52918 | % | 03/01-03/31 | 17,628.89 | - | - | - | 17,628.89 | - | 17,628.89 | ||
LT-R | 0.00000 | % | 0.00000 | % | 03/01-03/31 | - | - | - | - | - | - | - | ||
R | 0.00000 | % | 0.00000 | % | 03/01-03/31 | - | - | - | - | - | - | - | ||
Total | 141,650.77 | - | - | - | 141,650.77 | - | 141,650.77 | |||||||
Notional | ||||||||||||||
A-IO1 | 0.50000 | % | 0.50000 | % | 03/01-03/31 | 6,215.44 | - | - | - | 6,215.44 | - | 6,215.44 | ||
A-IO2 | 1.02917 | % | 1.02918 | % | 03/01-03/31 | 47,801.97 | - | - | - | 47,801.97 | - | 47,801.97 | ||
Total | 54,017.41 | - | - | - | 54,017.41 | - | 54,017.41 | |||||||
Grand Total | 195,668.18 | - | - | - | 195,668.18 | - | 195,668.18 |
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Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-3 |
DISTRIBUTION INFORMATION - INTEREST SHORTFALL DETAIL |
April 25, 2025 |
Carry Forward Interest | ||||||
Non-Recov | ||||||
Class | Shortall | Prior | Int. on Prior | New | Paid | Outstanding |
A-1 | - | - | - | - | - | - |
A-2 | - | - | - | - | - | - |
B-1 | - | - | - | - | - | - |
B-2 | - | - | - | - | - | - |
B-3 | - | - | - | - | - | - |
B-4 | - | - | - | - | - | - |
B-5 | - | 260.13 | - | - | - | 260.13 |
LT-R | - | - | - | - | - | - |
R | - | - | - | - | - | - |
Total | - | 260.13 | - | - | - | 260.13 |
Notional | ||||||
A-IO1 | - | - | - | - | - | - |
A-IO2 | - | - | - | - | - | - |
Total | - | - | - | - | - | - |
Grand Total | - | 260.13 | - | - | - | 260.13 |
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Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-3 |
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-1 | 14,917,063.65 | 55,441.14 | 1,985.48 | 57,426.62 | - | - | 14,859,637.03 | - |
A-2 | 40,819,416.98 | 151,710.47 | 5,433.12 | 157,143.60 | - | - | 40,662,273.38 | - |
B-1 | 1,689,263.65 | 14,117.11 | 505.58 | 14,622.69 | - | - | 1,674,640.96 | - |
B-2 | 1,467,070.07 | 12,260.25 | 439.07 | 12,699.32 | - | - | 1,454,370.75 | - |
B-3 | 1,200,141.52 | 10,029.54 | 359.18 | 10,388.72 | - | - | 1,189,752.80 | - |
B-4 | 444,535.26 | 3,714.96 | 133.05 | 3,848.01 | - | - | 440,687.25 | - |
B-5 | 5,994,232.85 | - | - | - | - | - | 5,994,232.85 | - |
LT-R | - | - | - | - | - | - | - | - |
R | - | - | - | - | - | - | - | - |
Total | 66,531,723.98 | 247,273.47 | 8,855.48 | 256,128.96 | - | - | 66,275,595.02 | - |
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Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-3 | |
RECONCILIATION DETAIL |
April 25, 2025 |
SOURCE OF FUNDS | ALLOCATION OF FUNDS | |||||
Interest Funds Available | Scheduled Fees | |||||
Scheduled Interest | 210,360.65 | Master Servicing Fee | 217.89 | |||
Uncompensated PPIS | 0.00 | Servicing Fee | 13,860.79 | |||
Relief Act Shortfall | 0.00 | Trustee Fee | 48.27 | |||
Losses in Excess of Principal Balance | 0.00 | Securities Administrator Fee | 565.52 | |||
Stop Advance Interest | 0.00 | |||||
Total Scheduled Fees | 14,692.47 | |||||
Other Interest Reductions | 0.00 | |||||
Additional Fees, Expenses, etc. | ||||||
Total Interest Funds Available | 210,360.65 | Trust Fund Expenses | 0.00 | |||
Principal Funds Available | Other Expenses | 0.00 | ||||
Scheduled Principal | 247,273.48 | |||||
Total Additional Fees, Expenses, etc. | - | |||||
Curtailments | 8,855.47 | |||||
Distributions | ||||||
Prepayments in Full | 0.00 | |||||
Interest Distribution | 195,668.18 | |||||
Liquidation Principal | 0.00 | |||||
Principal Distribution | 256,128.95 | |||||
Repurchased Principal | 0.00 | |||||
Other Principal | 0.00 | Total Distributions | 451,797.13 | |||
Substitution Principal | 0.00 | |||||
Principal Losses and Forgiveness | 0.00 | |||||
Subsequent Recoveries / (Losses) | 0.00 | |||||
Total Principal Funds Available | 256,128.95 | |||||
Total Funds Available | 466,489.60 | |||||
Total Funds Allocated | 466,489.60 |
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Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-3 |
COLLATERAL PERFORMANCE - POOL AND COLLECTIONS SUMMARY |
April 25, 2025 |
Deal | Initial | Beginning | Ending | Initial | Beginning | Ending | ||||
Count | 746 | 128 | 128 | Remaining Term | 360 | 214 | 213 | |||
Scheduled | 600,210,241.34 | 66,531,724.45 | 66,275,595.5 | Gross Rate | 3.81873 | % | 3.79417 | % | 3.79418 | % |
Actual | 600,210,241.34 | 66,712,448.97 | 66,470,629.6 | Net Rate | 3.55373 | % | 3.52917 | % | 3.52918 | % |
Interest Bearing | 600,210,241.34 | 66,531,724.45 | 66,275,595.5 | |||||||
Principal Collections | Realized Losses | Interest Collections | ||||||||
Scheduled Principal | 247,273.48 | Principal Losses and | Scheduled Interest | 210,360.65 | ||||||
- | ||||||||||
Forgiveness | ||||||||||
Curtailments | 8,855.47 | Less: | - | |||||||
Losses in Excess of Principal | ||||||||||
Curtailments Adjustments | - | - | Master Servicing Fee | 217.89 | ||||||
Balance | ||||||||||
Prepayments in Full | - | Subsequent (Recoveries) / | Servicing Fee | 13,860.79 | ||||||
- | ||||||||||
Losses | ||||||||||
Liquidation Principal | - | Trustee Fee | 48.27 | |||||||
Cumulative Realized Losses | - | |||||||||
Repurchased Principal | - | Securities Administrator Fee | 565.52 | |||||||
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 2013-3 | |
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 | 18 | 8,843,527.81 | 13.34 | 3.4286 | 213 |
3.51 to 4.00 | 97 | 51,409,946.77 | 77.57 | 3.7829 | 212 |
4.01 to 4.50 | 11 | 4,403,511.31 | 6.64 | 4.2251 | 212 |
4.51 to 5.00 | 1 | 707,882.29 | 1.07 | 4.6250 | 211 |
5.01 to 5.50 | 1 | 910,727.32 | 1.37 | 5.2500 | 212 |
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 | 128 | 66,275,595.50 | 100.00 | 3.7942 | 212 |
Ending Schedule Balance | |||||
Ending Schedule Balance | Asset | Ending Scheduled | % of | ||
Range | Count | Balance | Agg.Bal. | WAC | WAM |
1 to 200,000 | 5 | 624,170.94 | 0.94 | 3.6923 | 213 |
200,001 to 400,000 | 24 | 8,133,779.45 | 12.27 | 3.8289 | 212 |
400,001 to 600,000 | 64 | 31,764,426.52 | 47.93 | 3.7812 | 212 |
600,001 to 800,000 | 29 | 19,547,368.28 | 29.49 | 3.7484 | 212 |
800,001 to 1,000,000 | 3 | 2,722,150.13 | 4.11 | 4.2349 | 212 |
1,000,001 to 1,200,000 | 1 | 1,013,212.36 | 1.53 | 3.8750 | 213 |
1,200,001 to 1,400,000 | 2 | 2,470,487.82 | 3.73 | 3.7161 | 213 |
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 | 128 | 66,275,595.50 | 100.00 | 3.7942 | 212 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 9 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-3 |
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 | 0 | 0 | 1 | 910,727 | 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 | % | 0.00 | % | 0.00 | % | 0.78 | % | 1.37 | % | 0.00 | % | 0.00 | % | |
2 | 1,146,069 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 913,332 | 0 | 0 | |||||||||||||||||||
03/25/2025 | ||||||||||||||||||||||||||||||||||||
1.56 | % | 1.72 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.78 | % | 1.37 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 915,925 | 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 | % | 0.00 | % | 0.00 | % | 0.78 | % | 1.37 | % | 0.00 | % | 0.00 | % | |
1 | 567,699 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 918,507 | 0 | 0 | |||||||||||||||||||
01/27/2025 | ||||||||||||||||||||||||||||||||||||
0.78 | % | 0.84 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.78 | % | 1.36 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 921,078 | 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 | % | 0.00 | % | 0.00 | % | 0.78 | % | 1.36 | % | 0.00 | % | 0.00 | % | |
2 | 1,047,331 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 923,638 | 0 | 0 | |||||||||||||||||||
11/25/2024 | ||||||||||||||||||||||||||||||||||||
1.54 | % | 1.52 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.77 | % | 1.34 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 926,186 | 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 | % | 0.00 | % | 0.00 | % | 0.77 | % | 1.34 | % | 0.00 | % | 0.00 | % | |
1 | 815,110 | 0 | 0 | 0 | 0 | 1 | 928,723 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
09/25/2024 | ||||||||||||||||||||||||||||||||||||
0.77 | % | 1.18 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.77 | % | 1.34 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 931,250 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
08/26/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.77 | % | 1.34 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 933,765 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
07/25/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.76 | % | 1.32 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 936,269 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
06/25/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.76 | % | 1.32 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 1 | 938,763 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
05/28/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.76 | % | 1.32 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 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 2013-3 |
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 | 147.17 | 66,275,595.50 | 247,273.48 | 8,855.47 | - | 0.013 | % | 0.160 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Mar-2025 | 146.17 | 66,531,724.45 | 246,438.55 | 17,409.65 | - | 0.026 | % | 0.313 | % | 5 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Feb-2025 | 145.19 | 66,795,572.65 | 247,570.62 | 511,056.49 | - | 0.759 | % | 8.741 | % | 146 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Jan-2025 | 144.19 | 67,554,199.76 | 246,759.05 | 9,930.29 | - | 0.015 | % | 0.176 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Dec-2024 | 143.18 | 67,810,889.10 | 247,797.11 | 778,327.34 | - | 1.135 | % | 12.799 | % | 213 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Nov-2024 | 142.18 | 68,837,013.55 | 246,989.94 | 8,548.73 | - | 0.012 | % | 0.149 | % | 2 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Oct-2024 | 141.18 | 69,092,552.22 | 246,179.62 | 10,281.36 | - | 0.015 | % | 0.178 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Sep-2024 | 140.18 | 69,349,013.20 | 245,174.67 | 65,354.71 | - | 0.094 | % | 1.124 | % | 19 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Aug-2024 | 139.18 | 69,659,542.58 | 246,399.70 | 668,839.95 | - | 0.951 | % | 10.834 | % | 181 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jul-2024 | 138.18 | 70,574,782.23 | 245,405.16 | 61,806.47 | - | 0.087 | % | 1.045 | % | 17 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jun-2024 | 137.18 | 70,881,993.86 | 244,579.00 | 16,858.17 | - | 0.024 | % | 0.285 | % | 5 | % | 0.000 | % | 0.000 | % | 0 | % |
28-May-2024 | 136.18 | 71,143,431.03 | 243,772.86 | 11,311.40 | - | 0.016 | % | 0.191 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Apr-2024 | 135.18 | 71,398,515.29 | 244,170.03 | 587,692.08 | - | 0.816 | % | 9.369 | % | 156 | % | 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 2013-3 | |
ADDITIONAL REPORTING |
April 25, 2025 |
Amount Remaining Funds |
451,797.13 |
Waterfall Detail | ||
Available Distribution Amount | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -163,919.63 | 287,877.50 |
Senior Certificates, the Senior Principal Distribution Amount | -214,570.21 | 73,307.29 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -4,968.08 | 68,339.21 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | -14,622.69 | 53,716.52 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -4,314.62 | 49,401.90 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | -12,699.32 | 36,702.58 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,529.59 | 33,172.99 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | -10,388.72 | 22,784.27 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -1,307.37 | 21,476.90 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | -3,848.01 | 17,628.89 |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -17,628.89 | 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 2013-3 | |
OTHER INFORMATION |
April 25, 2025 |
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? | 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 2013-3 | |
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 |