Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
STATEMENT TO NOTEHOLDERS |
August 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 |
August 25, 2025 |
Accretion | |||||||||||||
& | |||||||||||||
Non-Cash | |||||||||||||
Accrual | Other | Balance | |||||||||||
Original | Prior | Pass-Through | Day | Interest | (As Interest) | Principal | Total | Realized Loss | Increase/ | Current | |||
Class | Balance | Balance | Rate | Count | Distributed | Distributed | Distributed | Distributed | /(Recovery) | (Decrease) | Balance | ||
A | 619,163,000.00 | 39,071,947.90 | 1.874000 | % | 30/360 | 61,017.36 | - | 533,467.89 | 594,485.25 | - | - | 38,538,480.01 | |
B-1 | 14,654,000.00 | 1,041,506.74 | 3.636747 | % | 30/360 | 3,156.41 | - | 47,809.23 | 50,965.64 | - | - | 993,697.51 | |
B-2 | 12,657,000.00 | 899,573.58 | 3.636747 | % | 30/360 | 2,726.27 | - | 41,293.95 | 44,020.22 | - | - | 858,279.63 | |
B-3 | 6,661,000.00 | 473,418.63 | 3.636747 | % | 30/360 | 1,434.75 | - | 21,731.77 | 23,166.52 | - | - | 451,686.86 | |
B-4 | 5,662,000.00 | 402,416.51 | 3.636747 | % | 30/360 | 1,219.57 | - | 18,472.49 | 19,692.06 | - | - | 383,944.02 | |
B-5 | 7,328,404.00 | 6,653,745.04 | 3.636747 | % | 30/360 | 20,165.00 | - | - | 20,165.00 | - | - | 6,653,745.04 | |
LT-R | - | - | 0.000000 | % | - | - | - | - | - | - | - | - | |
R | - | - | 0.000000 | % | - | - | - | - | - | - | - | - | |
Total | 666,125,404.00 | 48,542,608.40 | 89,719.36 | - | 662,775.33 | 752,494.69 | - | - | 47,879,833.07 | ||||
Notional | |||||||||||||
A-IO1 | 619,163,000.00 | 39,071,947.90 | 0.626000 | % | 30/360 | 20,382.53 | - | - | 20,382.53 | - | (533,467.89 | ) | 38,538,480.01 |
A-IO2 | 619,163,000.00 | 39,071,947.90 | 1.136747 | % | 30/360 | 37,012.43 | - | - | 37,012.43 | - | (533,467.89 | ) | 38,538,480.01 |
Total | 1,238,326,000.00 | 78,143,895.80 | 57,394.96 | - | - | 57,394.96 | - | (1,066,935.78 | ) | 77,076,960.02 | |||
Grand Total | 1,904,451,404.00 | 126,686,504.20 | 147,114.32 | - | 662,775.33 | 809,889.65 | - | (1,066,935.78 | ) | 124,956,793.09 |
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 |
August 25, 2025 |
Accretion | ||||||||||
& | ||||||||||
Non-Cash | ||||||||||
Other | Balance | |||||||||
Record | Interest | (As Interest) | Principal | Total | Realized Loss | Increase/ | Current | |||
Class | CUSIP | Date | Distributed | Distributed | Distributed | Distributed | /(Recovery) | (Decrease) | Balance | |
A | 81745 | MAA9 | 07/31/2025 | 0.09854814 | - | 0.86159523 | 0.96014337 | - | - | 62.24286660 |
B-1 | 81745 | MAD3 | 07/31/2025 | 0.21539580 | - | 3.26253787 | 3.47793367 | - | - | 67.81066671 |
B-2 | 81745 | MAE1 | 07/31/2025 | 0.21539622 | - | 3.26253852 | 3.47793474 | - | - | 67.81066840 |
B-3 | 81745 | MAF8 | 07/31/2025 | 0.21539559 | - | 3.26253866 | 3.47793424 | - | - | 67.81066807 |
B-4 | 81745 | MAG6 | 07/31/2025 | 0.21539562 | - | 3.26253797 | 3.47793359 | - | - | 67.81067114 |
B-5 | 81745 | MAH4 | 07/31/2025 | 2.75162232 | - | - | 2.75162232 | - | - | 907.93916929 |
LT-R | 81745 | MAK7 | 07/31/2025 | - | - | - | - | - | - | - |
R | 81745 | MAJ0 | 07/31/2025 | - | - | - | - | - | - | - |
A-IO1 | 81745 | MAB7 | 07/31/2025 | 0.03291949 | - | - | 0.03291949 | - | - | 62.24286660 |
A-IO2 | 81745 | MAC5 | 07/31/2025 | 0.05977817 | - | - | 0.05977817 | - | - | 62.24286660 |
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Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
DISTRIBUTION INFORMATION - INTEREST DETAIL |
August 25, 2025 |
Rate | Interest | Shortfall | Paid | |||||||||||
Accrual | Net | Accreted/ | Non | Carry | ||||||||||
Class | Current | Next | Dates | Accrued | Deferred | Recovered | Forward | Accrued | Carry Forward | Total | ||||
A | 1.87400 | % | 1.87400 | % | 07/01-07/31 | 61,017.36 | - | - | - | 61,017.36 | - | 61,017.36 | ||
B-1 | 3.63675 | % | 3.63664 | % | 07/01-07/31 | 3,156.41 | - | - | - | 3,156.41 | - | 3,156.41 | ||
B-2 | 3.63675 | % | 3.63664 | % | 07/01-07/31 | 2,726.27 | - | - | - | 2,726.27 | - | 2,726.27 | ||
B-3 | 3.63675 | % | 3.63664 | % | 07/01-07/31 | 1,434.75 | - | - | - | 1,434.75 | - | 1,434.75 | ||
B-4 | 3.63675 | % | 3.63664 | % | 07/01-07/31 | 1,219.57 | - | - | - | 1,219.57 | - | 1,219.57 | ||
B-5 | 3.63675 | % | 3.63664 | % | 07/01-07/31 | 20,165.00 | - | - | - | 20,165.00 | - | 20,165.00 | ||
LT-R | 0.00000 | % | 0.00000 | % | 07/01-07/31 | - | - | - | - | - | - | - | ||
R | 0.00000 | % | 0.00000 | % | 07/01-07/31 | - | - | - | - | - | - | - | ||
Total | 89,719.36 | - | - | - | 89,719.36 | - | 89,719.36 | |||||||
Notional | ||||||||||||||
A-IO1 | 0.62600 | % | 0.62600 | % | 07/01-07/31 | 20,382.53 | - | - | - | 20,382.53 | - | 20,382.53 | ||
A-IO2 | 1.13675 | % | 1.13664 | % | 07/01-07/31 | 37,012.43 | - | - | - | 37,012.43 | - | 37,012.43 | ||
Total | 57,394.96 | - | - | - | 57,394.96 | - | 57,394.96 | |||||||
Grand Total | 147,114.32 | - | - | - | 147,114.32 | - | 147,114.32 |
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Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
DISTRIBUTION INFORMATION - INTEREST SHORTFALL DETAIL |
August 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 | - | 263.48 | - | - | - | 263.48 |
LT-R | - | - | - | - | - | - |
R | - | - | - | - | - | - |
Total | - | 263.48 | - | - | - | 263.48 |
Notional | ||||||
A-IO1 | - | - | - | - | - | - |
A-IO2 | - | - | - | - | - | - |
Total | - | - | - | - | - | - |
Grand Total | - | 263.48 | - | - | - | 263.48 |
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Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
DISTRIBUTION INFORMATION - PRINCIPAL DETAIL |
August 25, 2025 |
Accretion | ||||||||||
& | ||||||||||
Prior | Non-Cash | |||||||||
Cumulative | Balance | Cumulative | ||||||||
Prior | Realized | Scheduled | Unscheduled | Principal | Increase/ | Current | Realized | |||
Class | Balance | Loss | Principal | Principal | Distributed | Realized Loss | (Recovery) | (Decrease) | Balance | Loss |
A | 39,071,947.90 | - | 167,725.55 | 365,742.34 | 533,467.89 | - | - | - | 38,538,480.01 | - |
B-1 | 1,041,506.74 | - | 15,031.51 | 32,777.72 | 47,809.23 | - | - | - | 993,697.51 | - |
B-2 | 899,573.58 | - | 12,983.07 | 28,310.88 | 41,293.95 | - | - | - | 858,279.63 | - |
B-3 | 473,418.63 | - | 6,832.60 | 14,899.17 | 21,731.77 | - | - | - | 451,686.86 | - |
B-4 | 402,416.51 | - | 5,807.86 | 12,664.63 | 18,472.49 | - | - | - | 383,944.02 | - |
B-5 | 6,653,745.04 | - | - | - | - | - | - | - | 6,653,745.04 | - |
LT-R | - | - | - | - | - | - | - | - | - | - |
R | - | - | - | - | - | - | - | - | - | - |
Total | 48,542,608.40 | - | 208,380.59 | 454,394.74 | 662,775.33 | - | - | - | 47,879,833.07 | - |
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Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-2 | |
RECONCILIATION DETAIL |
August 25, 2025 |
SOURCE OF FUNDS | ALLOCATION OF FUNDS | |||||
Interest Funds Available | Scheduled Fees | |||||
Scheduled Interest | 157,793.67 | Master Servicing Fee | 147.65 | |||
Uncompensated PPIS | 0.00 | Servicing Fee | 10,113.02 | |||
Relief Act Shortfall | 0.00 | Trustee Fee | 34.38 | |||
Losses in Excess of Principal Balance | 0.00 | Securities Administrator Fee | 384.30 | |||
Stop Advance Interest | 0.00 | |||||
Total Scheduled Fees | 10,679.35 | |||||
Other Interest Reductions | 0.00 | |||||
Additional Fees, Expenses, etc. | ||||||
Total Interest Funds Available | 157,793.67 | Trust Fund Expenses | 0.00 | |||
Principal Funds Available | Other Expenses | 0.00 | ||||
Scheduled Principal | 208,380.59 | |||||
Total Additional Fees, Expenses, etc. | - | |||||
Curtailments | 187,078.30 | |||||
Distributions | ||||||
Prepayments in Full | 267,316.44 | |||||
Interest Distribution | 147,114.32 | |||||
Liquidation Principal | 0.00 | |||||
Principal Distribution | 662,775.33 | |||||
Repurchased Principal | 0.00 | |||||
Other Principal | 0.00 | Total Distributions | 809,889.65 | |||
Substitution Principal | 0.00 | |||||
Principal Losses and Forgiveness | 0.00 | |||||
Subsequent Recoveries / (Losses) | 0.00 | |||||
Total Principal Funds Available | 662,775.33 | |||||
Total Funds Available | 820,569.00 | |||||
Total Funds Allocated | 820,569.00 |
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Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
COLLATERAL PERFORMANCE - POOL AND COLLECTIONS SUMMARY |
August 25, 2025 |
Deal | Initial | Beginning | Ending | Initial | Beginning | Ending | |||||
Count | 777 | 96 | 95 | Remaining Term | 357 | 206 | 205 | ||||
Scheduled | 666,125,404.69 | 48,542,608.49 | 47,879,833.16 | Gross Rate | 3.94653 | % | 3.90075 | % | 3.90064 | % | |
Actual | 666,125,404.69 | 48,803,890.10 | 48,131,305.44 | Net Rate | 3.68253 | % | 3.63675 | % | 3.63664 | % | |
Interest Bearing | 666,125,404.69 | 48,542,608.49 | 47,879,833.16 | ||||||||
Principal Collections | Realized Losses | Interest Collections | |||||||||
Scheduled Principal | 208,380.59 | Principal Losses and | Scheduled Interest | 157,793.67 | |||||||
- | |||||||||||
Forgiveness | |||||||||||
Curtailments | 187,078.30 | Less: | - | ||||||||
Losses in Excess of Principal | |||||||||||
Curtailments Adjustments | - | - | Master Servicing Fee | 147.65 | |||||||
Balance | |||||||||||
Prepayments in Full | 267,316.44 | Subsequent (Recoveries) / | Servicing Fee | 10,113.02 | |||||||
- | |||||||||||
Losses | |||||||||||
Liquidation Principal | - | Trustee Fee | 34.38 | ||||||||
Cumulative Realized Losses | - | ||||||||||
Repurchased Principal | - | Securities Administrator Fee | 384.30 | ||||||||
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 |
August 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 | 4,310,770.99 | 9.00 | 3.4377 | 202 |
3.51 to 4.00 | 56 | 30,602,344.58 | 63.91 | 3.8298 | 206 |
4.01 to 4.50 | 25 | 11,739,275.31 | 24.52 | 4.1803 | 203 |
4.51 to 5.00 | 4 | 1,227,442.28 | 2.56 | 4.6185 | 203 |
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 | 95 | 47,879,833.16 | 100.00 | 3.9006 | 205 |
Ending Schedule Balance | |||||
Ending Schedule Balance | Asset | Ending Scheduled | % of | ||
Range | Count | Balance | Agg.Bal. | WAC | WAM |
1 to 200,000 | 18 | 2,417,490.71 | 5.05 | 4.0880 | 181 |
200,001 to 400,000 | 16 | 5,291,695.10 | 11.05 | 3.9438 | 207 |
400,001 to 600,000 | 28 | 13,481,845.92 | 28.16 | 3.8990 | 206 |
600,001 to 800,000 | 20 | 14,132,953.31 | 29.52 | 3.9146 | 206 |
800,001 to 1,000,000 | 9 | 7,756,841.95 | 16.20 | 3.8339 | 206 |
1,000,001 to 1,200,000 | 2 | 2,213,934.04 | 4.62 | 3.8536 | 205 |
1,200,001 to 1,400,000 | 2 | 2,585,072.13 | 5.40 | 3.8101 | 204 |
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 | 95 | 47,879,833.16 | 100.00 | 3.9006 | 205 |
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 2013-2 |
COLLATERAL PERFORMANCE - DELINQUENCY AND LOAN STATUS HISTORY |
August 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 | 774,485 | 0 | 0 | 0 | 0 | |||||||||||||||||||
08/25/2025 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 1.05 | % | 1.62 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 776,951 | 0 | 0 | 0 | 0 | |||||||||||||||||||
07/25/2025 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 1.04 | % | 1.60 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 779,408 | 0 | 0 | 0 | 0 | |||||||||||||||||||
06/25/2025 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 1.03 | % | 1.58 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 781,855 | 0 | 0 | 0 | 0 | |||||||||||||||||||
05/27/2025 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 1.03 | % | 1.57 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
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 | % |
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 |
August 25, 2025 |
Wtd. Avg. | Current | ||||||||||||||||
Payment | Age | Collateral | Scheduled | Unscheduled | Liquidation | ||||||||||||
Date | (Months) | Balance | Principal | Principal | Principal | SMM | CPR | PSA | MDR | CDR | SDA | ||||||
25-Aug-2025 | 153.87 | 47,879,833.16 | 208,380.59 | 454,394.74 | - | 0.940 | % | 10.716 | % | 179 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jul-2025 | 152.91 | 48,542,608.49 | 209,787.06 | 648,733.69 | - | 1.319 | % | 14.727 | % | 245 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jun-2025 | 151.90 | 49,401,129.24 | 208,649.87 | 138,317.52 | - | 0.279 | % | 3.300 | % | 55 | % | 0.000 | % | 0.000 | % | 0 | % |
27-May-2025 | 150.89 | 49,748,096.63 | 210,316.52 | 869,739.32 | - | 1.718 | % | 18.778 | % | 313 | % | 0.000 | % | 0.000 | % | 0 | % |
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 | % |
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 |
August 25, 2025 |
Amount Remaining Funds |
809,889.65 |
Waterfall Detail | ||
Available Distribution Amount | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -118,412.32 | 691,477.33 |
Senior Certificates, the Senior Principal Distribution Amount | -533,467.89 | 158,009.44 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,156.41 | 154,853.03 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | -47,809.23 | 107,043.80 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -2,726.27 | 104,317.53 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | -41,293.95 | 63,023.58 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -1,434.75 | 61,588.83 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | -21,731.77 | 39,857.06 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -1,219.57 | 38,637.49 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | -18,472.49 | 20,165.00 |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -20,165.00 | 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 |
August 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. |
August 25, 2025 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 14 of 14 | © Copyright 2025 Citigroup |