EX-99.1

Deal Contact:

Karen Schluter

Citibank, N.A.

karen.schluter@citi.com

Agency and Trust

Tel: (212) 816-5827

388 Greenwich Street, 14th Floor

Fax: (212) 816-5527

New York City, NY 10013

EX-99.1 2 d736712dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

Mortgage Pass-Through Certificates

Series 2013-8

CONTACT INFORMATION


Depositor		Sequoia Residential Funding, Inc.
		One Belvedere Place
		Suite 330
		Mill Valley, CA 94941

Trustee		Wilmington Trust Company
		1100 North Market Street
		Wilmington, DE 19890

Master Servicer		CitiMortgage, Inc.
		4000 Regent Blvd., 3rd Floor
		Irving, TX 75063

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

Loan Level Detail			14


Reports Available at www.sf.citidirect.com		Page 1 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

Mortgage Pass-Through Certificates

Series 2013-8

Distribution Summary

DISTRIBUTION IN DOLLARS


			Prior		Pass-																	Current
	Original		Principal		Through			Accrual		Accrual		Interest		Principal		Total		Deferred		Realized		Principal
Class	Balance		Balance		Rate			Day Count		Dates		Distributed		Distributed		Distributed		Interest		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		372,808,519.73		3.000000	%		30 / 360		04/01 - 04/30		932,021.30		2,513,131.53		3,445,152.83		0.00		0.00		370,295,388.20
A-2		23,528,000.00		21,727,981.98		2.250000	%		30 / 360		04/01 - 04/30		40,739.97		213,880.82		254,620.79		0.00		0.00		21,514,101.16
A-3		10,000,000.00		10,000,000.00		3.000000	%		30 / 360		04/01 - 04/30		25,000.00		0.00		25,000.00		0.00		0.00		10,000,000.00
B-1		9,663,000.00		9,486,952.83		3.561858	%		30 / 360		04/01 - 04/30		28,159.31		18,075.35		46,234.66		0.00		0.00		9,468,877.48
B-2		7,593,000.00		7,454,665.55		3.561858	%		30 / 360		04/01 - 04/30		22,127.05		14,203.26		36,330.31		0.00		0.00		7,440,462.29
B-3		6,902,000.00		6,776,254.64		3.561858	%		30 / 360		04/01 - 04/30		20,113.38		12,910.70		33,024.08		0.00		0.00		6,763,343.94
B-4		3,681,000.00		3,613,937.01		3.561858	%		30 / 360		04/01 - 04/30		10,726.94		6,885.58		17,612.52		0.00		0.00		3,607,051.43
B-5		4,832,464.00		4,832,464.00		3.561858	%		30 / 360		04/01 - 04/30		14,343.80		0.00		14,343.80		0.00		0.00		4,832,464.00
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		436,700,775.74									1,093,231.75		2,779,087.24		3,872,318.99		0.00		0.00		433,921,688.50


Notional Classes

A-IO1		23,528,000.00		21,727,981.98		0.750000	%		30 / 360		04/01 - 04/30		13,579.99		0.00		13,579.99		0.00		0.00		21,514,101.16
A-IO2		427,487,000.00		404,536,501.71		0.561858	%		30 / 360		04/01 - 04/30		189,410.01		0.00		189,410.01		0.00		0.00		401,809,489.36

Totals		451,015,000.00		426,264,483.69									202,990.00		0.00		202,990.00		0.00		0.00		423,323,590.52


Reports Available at www.sf.citidirect.com		Page 2 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

Mortgage Pass-Through Certificates

Series 2013-8

Distribution Summary (Factors)

PER $1,000 OF ORIGINAL BALANCE


					Prior												Current
					Principal		Interest		Principal		Total		Deferred		Realized		Principal
			Record		Balance		Distributed		Distributed		Distributed		Interest		Loss		Balance
Class	CUSIP		Date		(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		81745EAA7		04/30/2014		946.312991		2.365782		6.379170		8.744953		0.000000		0.000000		939.933821
A-2		81745EAK5		04/30/2014		923.494644		1.731553		9.090480		10.822033		0.000000		0.000000		914.404164
A-3		81745EAL3		04/30/2014		1,000.000000		2.500000		0.000000		2.500000		0.000000		0.000000		1,000.000000
B-1		81745EAC3		04/30/2014		981.781313		2.914137		1.870573		4.784711		0.000000		0.000000		979.910740
B-2		81745EAD1		04/30/2014		981.781318		2.914138		1.870573		4.784711		0.000000		0.000000		979.910745
B-3		81745EAE9		04/30/2014		981.781316		2.914138		1.870574		4.784712		0.000000		0.000000		979.910742
B-4		81745EAF6		04/30/2014		981.781312		2.914137		1.870573		4.784711		0.000000		0.000000		979.910739
B-5		81745EAG4		04/30/2014		1,000.000000		2.968217		0.000000		2.968217		0.000000		0.000000		1,000.000000
R		81745EAH2		04/30/2014		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000
LT-R		81745EAJ8		04/30/2014		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000
A-IO1		81745EAB5		04/30/2014		923.494644		0.577184		0.000000		0.577184		0.000000		0.000000		914.404164
A-IO2		81745EAM1		04/30/2014		946.312991		0.443078		0.000000		0.443078		0.000000		0.000000		939.933821


Reports Available at www.sf.citidirect.com		Page 3 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

Mortgage Pass-Through Certificates

Series 2013-8

Interest Distribution Detail

DISTRIBUTION IN DOLLARS


	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		372,808,519.73		3.000000	%		3.000000	%		30 / 360		932,021.30		0.00		0.00		0.00		932,021.30		0.00		932,021.30		0.00
A-2		21,727,981.98		2.250000	%		2.250000	%		30 / 360		40,739.97		0.00		0.00		0.00		40,739.97		0.00		40,739.97		0.00
A-3		10,000,000.00		3.000000	%		3.000000	%		30 / 360		25,000.00		0.00		0.00		0.00		25,000.00		0.00		25,000.00		0.00
B-1		9,486,952.83		3.561858	%		3.561248	%		30 / 360		28,159.31		0.00		0.00		0.00		28,159.31		0.00		28,159.31		0.00
B-2		7,454,665.55		3.561858	%		3.561248	%		30 / 360		22,127.05		0.00		0.00		0.00		22,127.05		0.00		22,127.05		0.00
B-3		6,776,254.64		3.561858	%		3.561248	%		30 / 360		20,113.38		0.00		0.00		0.00		20,113.38		0.00		20,113.38		0.00
B-4		3,613,937.01		3.561858	%		3.561248	%		30 / 360		10,726.94		0.00		0.00		0.00		10,726.94		0.00		10,726.94		0.00
B-5		4,832,464.00		3.561858	%		3.561248	%		30 / 360		14,343.80		0.00		0.00		0.00		14,343.80		0.00		14,343.80		0.00
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		436,700,775.74										1,093,231.75		0.00		0.00		0.00		1,093,231.75		0.00		1,093,231.75		0.00


Notional Classes

A-IO1		21,727,981.98		0.750000	%		0.750000	%		30 / 360		13,579.99		0.00		0.00		0.00		13,579.99		0.00		13,579.99		0.00
A-IO2		404,536,501.71		0.561858	%		0.561248	%		30 / 360		189,410.01		0.00		0.00		0.00		189,410.01		0.00		189,410.01		0.00

Totals		426,264,483.69										202,990.00		0.00		0.00		0.00		202,990.00		0.00		202,990.00		0.00


Reports Available at www.sf.citidirect.com		Page 4 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

Mortgage Pass-Through Certificates

Series 2013-8

Principal Distribution Detail

DISTRIBUTION IN DOLLARS


			Prior		Scheduled		Unscheduled				Current		Current		Current		Cumulative		Original			Current			Original			Current
	Original		Principal		Principal		Principal		Accreted		Realized		Principal		Principal		Realized		Class			Class			Credit			Credit
Class	Balance		Balance		Distribution		Distribution		Principal		Losses		Recoveries		Balance		Losses		(%)			(%)			Support			Support
(1)	(2)		(3)		(4)		(5)		(6)		(7)		(8)		(9)=(3)-(4)-(5)+(6)-(7)+(8)		(10)		(11)			(12)			(13)			(14)
A-1		393,959,000.00		372,808,519.73		603,587.83		1,909,543.70		0.00		0.00		0.00		370,295,388.20		0.00		85.61	%		85.34	%		7.10	%		7.40	%
A-2		23,528,000.00		21,727,981.98		51,368.53		162,512.29		0.00		0.00		0.00		21,514,101.16		0.00		5.11	%		4.96	%		7.10	%		7.40	%
A-3		10,000,000.00		10,000,000.00		0.00		0.00		0.00		0.00		0.00		10,000,000.00		0.00		2.17	%		2.30	%		7.10	%		7.40	%
B-1		9,663,000.00		9,486,952.83		18,075.35		0.00		0.00		0.00		0.00		9,468,877.48		0.00		2.10	%		2.18	%		5.00	%		5.22	%
B-2		7,593,000.00		7,454,665.55		14,203.26		0.00		0.00		0.00		0.00		7,440,462.29		0.00		1.65	%		1.71	%		3.35	%		3.50	%
B-3		6,902,000.00		6,776,254.64		12,910.70		0.00		0.00		0.00		0.00		6,763,343.94		0.00		1.50	%		1.56	%		1.85	%		1.94	%
B-4		3,681,000.00		3,613,937.01		6,885.58		0.00		0.00		0.00		0.00		3,607,051.43		0.00		0.80	%		0.83	%		1.05	%		1.11	%
B-5		4,832,464.00		4,832,464.00		0.00		0.00		0.00		0.00		0.00		4,832,464.00		0.00		1.05	%		1.11	%		0.00	%		0.00	%

Totals		460,158,464.00		436,700,775.74		707,031.25		2,072,055.99		0.00		0.00		0.00		433,921,688.50		0.00		100	%		100	%


Reports Available at www.sf.citidirect.com		Page 5 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

Mortgage Pass-Through Certificates

Series 2013-8

Reconciliation Detail

SOURCE OF FUNDS


Interest Funds Available
Scheduled Interest	1,394,478.03
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	1.27

Total Interest Funds Available:		1,394,479.30
Principal Funds Available
Scheduled Principal	707,031.26
Curtailments	172,460.19
Curtailments Adjustments	515.34
Prepayments in Full	1,899,080.45
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:		2,779,087.24

Total Funds Available		4,173,566.54

ALLOCATION OF FUNDS


Scheduled Fees
Servicing Fee	90,979.29
Trustee Fee	436.65
Securities Adminstrator Fee	6,841.61

Total Scheduled Fees:		98,257.55
Additional Fees, Expenses, etc.
Trust Fund Expenses	0.00
Other Expenses	0.00

Total Additional Fees, Expenses, etc.:		0.00
Distribution to Certificateholders
Interest Distribution	1,296,221.75
Principal Distribution	2,779,087.24

Total Distribution to Certificateholders:		4,075,308.99

Total Funds Allocated		4,173,566.54


Reports Available at www.sf.citidirect.com		Page 6 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

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			436,700,775.75			433,921,688.51			94.30	%
Aggregate Actual Principal Balance		460,158,464.20			437,209,098.14			434,435,814.86			94.41	%
Loan Count		603			586			583			20
Weighted Average Coupon Rate (WAC)		3.834553	%		3.831854	%		3.831248	%		-0.003305	%
Net Weighted Average Coupon Rate (Net WAC)		3.564553	%		3.561854	%		3.561248	%		-0.003305	%
Weighted Average Remaining Term (WART in months)		357			347			346			11

AVAILABLE PRINCIPAL


Scheduled Principal			707,031.26
Curtailments			172,460.19
Curtailments Adjustments			515.34
Prepayments in Full			1,899,080.45
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			2,779,087.24

*Realized Loss Summary*

Principal Losses and Forgiveness			0.00
Losses in Excess of Principal Balance			0.00
Subsequent (Recoveries) / Losses			0.00
Cumulative Realized Losses			0.00

AVAILABLE INTEREST


Scheduled Interest		1,394,478.03
Less:	Servicing Fee	90,979.29
	Trustee Fee	436.65
	Securities Adminstrator Fee	6,841.61
	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	(1.27	)

TOTAL AVAILABLE INTEREST		1,296,221.75


Reports Available at www.sf.citidirect.com		Page 7 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

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		2		1,555,265.90		0.36		3.0000		169
3.01 to 3.15		1		417,804.40		0.10		3.1250		163
3.16 to 3.30		3		2,812,833.07		0.65		3.2500		313
3.31 to 3.45		8		6,785,325.80		1.56		3.3750		347
3.46 to 3.60		27		24,052,770.47		5.54		3.5017		340
3.61 to 3.75		208		152,880,917.05		35.23		3.7124		347
3.76 to 3.90		178		132,714,286.46		30.58		3.8750		348
3.91 to 4.05		105		78,092,015.01		18.00		4.0000		347
4.06 to 4.20		25		16,889,001.55		3.89		4.1250		348
4.21 to 4.35		16		11,249,882.44		2.59		4.2500		347
4.36 to 4.50		10		6,471,586.36		1.49		4.4110		348
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		583		433,921,688.51		100.00		3.8312		346

Ending Scheduled Balance


Ending Sched	# of		Ending Sched		% of Agg
Balance	Loans		Balance		Balance		WAC		WART
1 to 150,000		0		0.00		0.00		0.0000		0
150,001 to 300,000		0		0.00		0.00		0.0000		0
300,001 to 450,000		8		3,478,712.91		0.80		3.6916		310
450,001 to 600,000		142		75,607,253.42		17.42		3.8555		345
600,001 to 750,000		204		137,581,531.17		31.71		3.8551		346
750,001 to 900,000		109		89,055,430.71		20.52		3.8375		344
900,001 to 1,050,000		79		76,103,081.67		17.54		3.8282		348
1,050,001 to 1,200,000		22		24,722,745.19		5.70		3.7268		348
1,200,001 to 1,350,000		5		6,285,947.79		1.45		3.7770		347
1,350,001 to 1,500,000		9		12,835,200.30		2.96		3.7366		348
1,500,001 to 1,650,000		3		4,614,135.48		1.06		3.9162		348
1,650,001 to 1,800,000		1		1,713,563.23		0.39		3.5000		347
1,800,001 to 1,950,000		1		1,924,086.64		0.44		3.5000		347

Totals		583		433,921,688.51		100.00		3.8312		346


Reports Available at www.sf.citidirect.com		Page 8 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

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		0.00			0		30-59		0.00			0		30-59		0.00			0		30-59		0.00			0		30-59		0.00			0
		0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%
60-89		0.00			0		60-89		0.00			0		60-89		0.00			0		60-89		0.00			0		60-89		0.00			0
		0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%
90-119		0.00			0		90-119		0.00			0		90-119		0.00			0		90-119		0.00			0		90-119		0.00			0
		0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%
120-149		0.00			0		120-149		0.00			0		120-149		0.00			0		120-149		0.00			0		120-149		0.00			0
		0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%
150-179		0.00			0		150-179		0.00			0		150-179		0.00			0		150-179		0.00			0		150-179		0.00			0
		0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%
180+		0.00			0		180+		0.00			0		180+		0.00			0		180+		0.00			0		180+		0.00			0
		0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%
Total		0.00			0		Total		0.00			0		Total		0.00			0		Total		0.00			0		Total		0.00			0
		0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%
Principal and Interest Advances																			1,551,971.62


Reports Available at www.sf.citidirect.com		Page 9 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

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
05/2014		0			0			0			0			0			0			0			0			0			0			0			0			0			0
		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%
04/2014		520,494			1			0			0			0			0			0			0			0			0			0			0			520,494			1
		0.119	%		0.2	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.119	%		0.2	%
03/2014		2,319,582			3			0			0			0			0			0			0			0			0			0			0			2,319,582			3
		0.529	%		0.5	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.529	%		0.5	%
02/2014		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	%
01/2014		2,306,469			3			0			0			0			0			0			0			0			0			0			0			2,306,469			3
		0.521	%		0.5	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.521	%		0.5	%
12/2013		712,337			1			0			0			0			0			0			0			0			0			0			0			712,337			1
		0.160	%		0.2	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.160	%		0.2	%
11/2013		0			0			0			0			0			0			0			0			0			0			0			0			0			0
		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%
10/2013		4,606,158			5			0			0			660,386			1			0			0			0			0			0			0			5,266,545			6
		1.020	%		0.8	%		0.000	%		0.0	%		0.146	%		0.2	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		1.166	%		1.0	%
09/2013		0			0			661,316			1			0			0			0			0			0			0			0			0			661,316			1
		0.000	%		0.0	%		0.146	%		0.2	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.146	%		0.2	%
08/2013		4,081,156			5			0			0			0			0			0			0			0			0			0			0			4,081,156			5
		0.894	%		0.8	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.894	%		0.8	%
07/2013		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	%

LOGO


Reports Available at www.sf.citidirect.com		Page 10 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

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
27-May-2014		12.43		433,921,688.51		707,031.26		2,072,055.98		0.00		0.475	%		5.556	%		224	%		0.000	%		0.000	%		0	%
25-Apr-2014		11.43		436,700,775.75		704,910.36		936,943.85		0.00		0.214	%		2.539	%		111	%		0.000	%		0.000	%		0	%
25-Mar-2014		10.43		438,342,629.96		705,148.18		3,179,980.58		0.00		0.720	%		8.308	%		398	%		0.000	%		0.000	%		0	%
25-Feb-2014		9.43		442,227,758.72		702,933.86		171,568.31		0.00		0.039	%		0.464	%		25	%		0.000	%		0.000	%		0	%
27-Jan-2014		8.43		443,102,260.89		703,068.24		1,838,906.02		0.00		0.413	%		4.848	%		288	%		0.000	%		0.000	%		0	%
26-Dec-2013		7.43		445,644,235.15		705,376.83		3,448,715.25		0.00		0.768	%		8.836	%		595	%		0.000	%		0.000	%		0	%
25-Nov-2013		6.43		449,798,327.23		703,498.75		1,206,158.49		0.00		0.267	%		3.162	%		246	%		0.000	%		0.000	%		0	%
25-Oct-2013		5.43		451,707,984.47		702,888.90		685,331.28		0.00		0.151	%		1.803	%		166	%		0.000	%		0.000	%		0	%
25-Sep-2013		4.42		453,096,204.65		702,164.96		2,659,138.11		0.00		0.583	%		6.781	%		766	%		0.000	%		0.000	%		0	%
26-Aug-2013		3.42		456,457,507.72		701,714.50		1,528,735.59		0.00		0.334	%		3.933	%		574	%		0.000	%		0.000	%		0	%
25-Jul-2013		2.42		458,687,957.81		700,230.57		770,275.82		0.00		0.168	%		1.993	%		411	%		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 www.sf.citidirect.com		Page 11 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

Mortgage Pass-Through Certificates

Series 2013-8

Waterfall Detail

DISTRIBUTIONS


	Amount Distributed			Remaining Available Funds
Available Distribution Amount					4,075,308.99
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls		(1,200,751.27	)		2,874,557.72
Senior Certificates, the Senior Principal Distribution Amount		(2,727,012.35	)		147,545.37
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls		(28,159.31	)		119,386.06
Class B-1 Certificates, the Subordinate Principal Distribution Amount		(18,075.35	)		101,310.71
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls		(22,127.05	)		79,183.66
Class B-2 Certificates, the Subordinate Principal Distribution Amount		(14,203.26	)		64,980.40
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls		(20,113.38	)		44,867.02
Class B-3 Certificates, the Subordinate Principal Distribution Amount		(12,910.70	)		31,956.32
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls		(10,726.94	)		21,229.38
Class B-4 Certificates, the Subordinate Principal Distribution Amount		(6,885.58	)		14,343.80
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls		(14,343.80	)		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 www.sf.citidirect.com		Page 12 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

Mortgage Pass-Through Certificates

Series 2013-8

Other Information


Principal Percentages
Beginning Senior Percentage	92.634711	%
Beginning Subordinate Percentage	7.365289	%
Senior Prepayment Percentage	100.000000	%
Subordinate Prepayment Percentage	0.000000	%
Other Information
Step-Down Test satisfied?	Yes


Reports Available at www.sf.citidirect.com		Page 13 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

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
0000001150010857		05/01/2014		Voluntary Prepayment		692,000.00		680,075.89		680,075.89		0.00		0.00		4.12500	%		Not Provided		360		CA
0000010000009520		05/02/2014		Voluntary Prepayment		548,000.00		538,349.46		538,349.46		0.00		0.00		4.00000	%		Not Provided		360		MA
0000010000010082		05/05/2014		Voluntary Prepayment		695,000.00		683,553.70		683,553.70		0.00		0.00		3.87500	%		Not Provided		360		MA

Count: 3				*TOTALS:*		1,935,000.00		1,901,979.05		1,901,979.05		0.00		0.00		3.999771	%		Not Provided		360


Reports Available at www.sf.citidirect.com		Page 14 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

Mortgage Pass-Through Certificates

Series 2013-8

Liquidation / Loss Detail

Most Recent

Cutoff

Prior Unpaid

Prior Scheduled

Current

Subsequent

Prior

Next Due

Principal

Realized Loss

Loss / (Recovery)

Total Realized

Loss

Loan Number

Loss Type

Loan Status

Date

Balance

Amount

Loss Amount

Severity

No Loans With Losses to Report.


Reports Available at www.sf.citidirect.com		Page 15 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

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 www.sf.citidirect.com		Page 16 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

Mortgage Pass-Through Certificates

Series 2013-8

Material Modifications, Extensions, and Waivers Loan Detail: Part 1

Current

Effective

Scheduled

Actual

Delinquency

Capitalized

Forgiven

Mod. Date

Loan Number

P&I

Balance

Status

Amount

Principal

Interest

Previously Modified Loans

03/01/14

0000010000009975

Pre-Modified

5,097.54

1,021,226.64

Current

Modified

4,548.92

949,002.60

943,785.27

945,329.38

Current

0.00


Reports Available at www.sf.citidirect.com		Page 17 of 18		© Copyright 2014 Citigroup

Distribution Date: 05/27/2014

Determination Date: 05/16/2014

Sequoia Mortgage Trust

Mortgage Pass-Through Certificates

Series 2013-8

Material Modifications, Extensions, and Waivers Loan Detail: Part 2

Interest

Period

Life

Initial Reset

Int Reset

Balloon

Maturity

Loan Number

Loan Type

Rate

Margin

Cap

Date

Reset Date

Period

Payment

Date

Previously Modified Loans

0000010000009975

Pre-Modified

Fixed

3.625

-.—

—

0.00

04/01/2043

Modified

Fixed

3.625

N/A

0.000

0.00


Reports Available at www.sf.citidirect.com		Page 18 of 18		© Copyright 2014 Citigroup