EX-99.1

EX-99.1 2 d754040dex991.htm EX-99.1 EX-99.1

Exhibit 99.1


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		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


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


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


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		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		370,295,388.20		3.000000	%	30 / 360	05/01 - 05/31		925,738.47		709,714.55		1,635,453.02		0.00		0.00		369,585,673.65
A-2		23,528,000.00		21,514,101.16		2.250000	%	30 / 360	05/01 - 05/31		40,338.94		60,400.47		100,739.41		0.00		0.00		21,453,700.69
A-3		10,000,000.00		10,000,000.00		3.000000	%	30 / 360	05/01 - 05/31		25,000.00		0.00		25,000.00		0.00		0.00		10,000,000.00
B-1		9,663,000.00		9,468,877.48		3.561247	%	30 / 360	05/01 - 05/31		28,100.85		18,133.75		46,234.60		0.00		0.00		9,450,743.73
B-2		7,593,000.00		7,440,462.29		3.561247	%	30 / 360	05/01 - 05/31		22,081.11		14,249.15		36,330.26		0.00		0.00		7,426,213.14
B-3		6,902,000.00		6,763,343.94		3.561247	%	30 / 360	05/01 - 05/31		20,071.62		12,952.41		33,024.03		0.00		0.00		6,750,391.53
B-4		3,681,000.00		3,607,051.43		3.561247	%	30 / 360	05/01 - 05/31		10,704.67		6,907.83		17,612.50		0.00		0.00		3,600,143.60
B-5		4,832,464.00		4,832,464.00		3.561247	%	30 / 360	05/01 - 05/31		14,341.33		0.00		14,341.33		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		433,921,688.50							1,086,376.99		822,358.16		1,908,735.15		0.00		0.00		433,099,330.34


Notional Classes

A-IO1		23,528,000.00		21,514,101.16		0.750000	%	30 / 360	05/01 - 05/31		13,446.31		0.00		13,446.31		0.00		0.00		21,453,700.69
A-IO2		427,487,000.00		401,809,489.36		0.561247	%	30 / 360	05/01 - 05/31		187,928.80		0.00		187,928.80		0.00		0.00		401,039,374.34

Totals		451,015,000.00		423,323,590.52							201,375.11		0.00		201,375.11		0.00		0.00		422,493,075.03


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


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		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		05/30/2014		939.933821		2.349835		1.801493		4.151328		0.000000		0.000000		938.132328
A-2		81745EAK5		05/30/2014		914.404164		1.714508		2.567174		4.281682		0.000000		0.000000		911.836990
A-3		81745EAL3		05/30/2014		1,000.000000		2.500000		0.000000		2.500000		0.000000		0.000000		1,000.000000
B-1		81745EAC3		05/30/2014		979.910740		2.908088		1.876617		4.784705		0.000000		0.000000		978.034123
B-2		81745EAD1		05/30/2014		979.910745		2.908088		1.876617		4.784704		0.000000		0.000000		978.034129
B-3		81745EAE9		05/30/2014		979.910742		2.908088		1.876617		4.784704		0.000000		0.000000		978.034125
B-4		81745EAF6		05/30/2014		979.910739		2.908087		1.876618		4.784705		0.000000		0.000000		978.034121
B-5		81745EAG4		05/30/2014		1,000.000000		2.967706		0.000000		2.967706		0.000000		0.000000		1,000.000000
R		81745EAH2		05/30/2014		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000
LT-R		81745EAJ8		05/30/2014		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000
A-IO1		81745EAB5		05/30/2014		914.404164		0.571502		0.000000		0.571502		0.000000		0.000000		911.836990
A-IO2		81745EAM1		05/30/2014		939.933821		0.439613		0.000000		0.439613		0.000000		0.000000		938.132328


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


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		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		370,295,388.20		3.000000	%		3.000000	%	30 / 360		925,738.47		0.00		0.00		0.00		925,738.47		0.00		925,738.47		0.00
A-2		21,514,101.16		2.250000	%		2.250000	%	30 / 360		40,338.94		0.00		0.00		0.00		40,338.94		0.00		40,338.94		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		9,468,877.48		3.561247	%		3.561277	%	30 / 360		28,100.85		0.00		0.00		0.00		28,100.85		0.00		28,100.85		0.00
B-2		7,440,462.29		3.561247	%		3.561277	%	30 / 360		22,081.11		0.00		0.00		0.00		22,081.11		0.00		22,081.11		0.00
B-3		6,763,343.94		3.561247	%		3.561277	%	30 / 360		20,071.62		0.00		0.00		0.00		20,071.62		0.00		20,071.62		0.00
B-4		3,607,051.43		3.561247	%		3.561277	%	30 / 360		10,704.67		0.00		0.00		0.00		10,704.67		0.00		10,704.67		0.00
B-5		4,832,464.00		3.561247	%		3.561277	%	30 / 360		14,341.33		0.00		0.00		0.00		14,341.33		0.00		14,341.33		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		433,921,688.50									1,086,376.99		0.00		0.00		0.00		1,086,376.99		0.00		1,086,376.99		0.00


Notional Classes

A-IO1		21,514,101.16		0.750000	%		0.750000	%	30 / 360		13,446.31		0.00		0.00		0.00		13,446.31		0.00		13,446.31		0.00
A-IO2		401,809,489.36		0.561247	%		0.561277	%	30 / 360		187,928.80		0.00		0.00		0.00		187,928.80		0.00		187,928.80		0.00

Totals		423,323,590.52									201,375.11		0.00		0.00		0.00		201,375.11		0.00		201,375.11		0.00


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


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		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		370,295,388.20		602,431.16		107,283.39		0.00		0.00		0.00		369,585,673.65		0.00		85.61	%		85.34	%		7.10	%		7.40	%
A-2		23,528,000.00		21,514,101.16		51,270.09		9,130.39		0.00		0.00		0.00		21,453,700.69		0.00		5.11	%		4.95	%		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	%		2.31	%		7.10	%		7.40	%
B-1		9,663,000.00		9,468,877.48		18,133.75		0.00		0.00		0.00		0.00		9,450,743.73		0.00		2.10	%		2.18	%		5.00	%		5.22	%
B-2		7,593,000.00		7,440,462.29		14,249.15		0.00		0.00		0.00		0.00		7,426,213.14		0.00		1.65	%		1.71	%		3.35	%		3.51	%
B-3		6,902,000.00		6,763,343.94		12,952.41		0.00		0.00		0.00		0.00		6,750,391.53		0.00		1.50	%		1.56	%		1.85	%		1.95	%
B-4		3,681,000.00		3,607,051.43		6,907.83		0.00		0.00		0.00		0.00		3,600,143.60		0.00		0.80	%		0.83	%		1.05	%		1.12	%
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	%		1.12	%		0.00	%		0.00	%

Totals		460,158,464.00		433,921,688.50		705,944.39		116,413.78		0.00		0.00		0.00		433,099,330.34		0.00		100	%		100	%


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


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		Mortgage Pass-Through Certificates
		Series 2013-8

Reconciliation Detail

SOURCE OF FUNDS


Interest Funds Available
Scheduled Interest	1,385,384.66
Uncompensated PPIS	0.00
Relief Act Shortfall	0.00
Losses in Excess of Principal Balance	0.00
Stop Advance Interest	0.00
Other Interest Amounts	0.00

Total Interest Funds Available:		1,385,384.66
Principal Funds Available
Scheduled Principal	705,944.38
Curtailments	116,040.13
Curtailments Adjustments	373.64
Prepayments in Full	0.00
Liquidation Principal	0.00
Repurchased Principal	0.00
Other Principal	0.00
Substitution Principal	0.00
Principal Losses and Forgiveness	0.00
Subsequent Recoveries / (Losses)	0.00

Total Principal Funds Available:		822,358.15

Total Funds Available		2,207,742.81

ALLOCATION OF FUNDS


Scheduled Fees
Servicing Fee	90,400.36
Trustee Fee	434.00
Securities Adminstrator Fee	6,798.20

Total Scheduled Fees:		97,632.56
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	1,287,752.10
Principal Distribution	822,358.15

Total Distribution to Certificateholders:		2,110,110.25

Total Funds Allocated		2,207,742.81


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


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		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			433,921,688.51			433,099,330.36			94.12	%
Aggregate Actual Principal Balance		460,158,464.20			434,435,814.86			433,560,928.81			94.22	%
Loan Count		603			583			583			20
Weighted Average Coupon Rate (WAC)		3.834553	%		3.831248	%		3.831277	%		-0.003275	%
Net Weighted Average Coupon Rate (Net WAC)		3.564553	%		3.561248	%		3.561277	%		-0.003275	%
Weighted Average Remaining Term (WART in months)		357			346			345			12

AVAILABLE PRINCIPAL


Scheduled Principal			705,944.38
Curtailments			116,040.13
Curtailments Adjustments			373.64
Prepayments in Full			0.00
Liquidation Principal			0.00
Repurchased Principal			0.00
Other Principal			0.00
Substitution Principal			0.00
Principal Losses and Forgiveness			0.00
Subsequent Recoveries / (Losses)			0.00

TOTAL AVAILABLE PRINCIPAL			822,358.15

*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			1,385,384.66
Less: Servicing Fee			90,400.36
Trustee Fee			434.00
Securities Adminstrator Fee			6,798.20
Uncompensated PPIS			0.00
Relief Act Shortfall			0.00
Other Expenses			0.00
Losses in Excess of Principal Balance			0.00
Stop Advance Interest			0.00
Other Interest Amounts			0.00

TOTAL AVAILABLE INTEREST			1,287,752.10


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


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		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		1,547,835.44		0.36		3.0000		168
3.01 to 3.15		1		419,772.87		0.10		3.1250		162
3.16 to 3.30		3		2,802,497.83		0.65		3.2500		312
3.31 to 3.45		8		6,772,755.40		1.56		3.3750		346
3.46 to 3.60		27		24,008,824.77		5.54		3.5017		339
3.61 to 3.75		208		152,574,408.80		35.23		3.7124		346
3.76 to 3.90		178		132,458,380.21		30.58		3.8750		347
3.91 to 4.05		105		77,960,555.80		18.00		4.0000		346
4.06 to 4.20		25		16,863,417.51		3.89		4.1250		347
4.21 to 4.35		16		11,228,583.74		2.59		4.2500		346
4.36 to 4.50		10		6,462,297.99		1.49		4.4110		347
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		433,099,330.36		100.00		3.8313		345

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		3,473,759.08		0.80		3.6911		309
450,001 to 600,000		142		75,458,425.20		17.42		3.8555		344
600,001 to 750,000		205		138,077,663.41		31.88		3.8545		345
750,001 to 900,000		109		89,002,711.08		20.55		3.8400		343
900,001 to 1,050,000		78		75,079,443.71		17.34		3.8262		347
1,050,001 to 1,200,000		22		24,682,558.53		5.70		3.7269		347
1,200,001 to 1,350,000		5		6,275,615.95		1.45		3.7770		346
1,350,001 to 1,500,000		9		12,810,588.91		2.96		3.7366		347
1,500,001 to 1,650,000		3		4,606,986.82		1.06		3.9162		347
1,650,001 to 1,800,000		1		1,710,702.84		0.39		3.5000		346
1,800,001 to 1,950,000		1		1,920,874.83		0.44		3.5000		346

Totals		583		433,099,330.36		100.00		3.8313		345


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


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		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		422,317.45			1		30-59		0.00			0		30-59		0.00			0		30-59		0.00			0		30-59		422,317.45			1
		0.097511	%		0.2	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.097511	%		0.2	%
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		422,317.45			1		Total		0.00			0		Total		0.00			0		Total		0.00			0		Total		422,317.45			1
		0.097511	%		0.2	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.000000	%		0.0	%			0.097511	%		0.2	%
Principal and Interest Advances																1,393,135.63


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


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		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
06/2014		422,317			1			0			0			0			0			0			0			0			0			0			0			422,317			1
		0.098	%		0.2	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.098	%		0.2	%
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: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		Mortgage Pass-Through Certificates
		Series 2013-8

Standard Prepayment and Default Information


	Wtd. Avg.		Current
Payment	Age		Collateral		Scheduled		Unscheduled		Liquidation
Date	(Months)		Balance		Principal		Principal		Principal		SMM			CPR			PSA			MDR			CDR			SDA
25-Jun-2014		13.43		433,099,330.36		705,944.38		116,413.77		0.00		0.027	%		0.322	%		12	%		0.000	%		0.000	%		0	%
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	%


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%))

LOGO


Reports Available at www.sf.citidirect.com		Page 11 of 18		© Copyright 2014 Citigroup


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		Mortgage Pass-Through Certificates
		Series 2013-8

Waterfall Detail

DISTRIBUTIONS


				Remaining
	Amount			Available
	Distributed			Funds
Available Distribution Amount					2,110,110.25
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls		(1,192,452.52	)		917,657.73
Senior Certificates, the Senior Principal Distribution Amount		(770,115.02	)		147,542.71
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls		(28,100.85	)		119,441.86
Class B-1 Certificates, the Subordinate Principal Distribution Amount		(18,133.75	)		101,308.11
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls		(22,081.11	)		79,227.00
Class B-2 Certificates, the Subordinate Principal Distribution Amount		(14,249.15	)		64,977.85
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls		(20,071.62	)		44,906.23
Class B-3 Certificates, the Subordinate Principal Distribution Amount		(12,952.41	)		31,953.83
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls		(10,704.67	)		21,249.16
Class B-4 Certificates, the Subordinate Principal Distribution Amount		(6,907.83	)		14,341.33
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls		(14,341.33	)		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: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		Mortgage Pass-Through Certificates
		Series 2013-8

Other Information


Principal Percentages
Beginning Senior Percentage	92.599540	%
Beginning Subordinate Percentage	7.400460	%
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: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		Mortgage Pass-Through Certificates
		Series 2013-8

Voluntary Prepayments, Repurchases, and Substitutions

Loan Number

Principal Pay
Down Date

Payoff Type

Original
Principal
Balance

Scheduled
Principal
Balance at
Payoff

Principal
Pay Down
Amount

Prepayment
Penalties
Collected

Prepayment
Penalties
Waived

Current
Note
Rate

Original
LTV

Original
Term

State

No Prepayments to Report.


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


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		Mortgage Pass-Through Certificates
		Series 2013-8

Liquidation / Loss Detail

Loan Number

Loss
Type

Prior
Loan Status

Most Recent
Next Due
Date

Cutoff
Principal
Balance

Prior Unpaid
Principal
Balance

Prior Scheduled
Principal
Balance

Current
Realized Loss
Amount

Subsequent
Loss / (Recovery)
Amount

Total Realized
Loss Amount

Loss
Severity

No Loans With Losses to Report.


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


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		Mortgage Pass-Through Certificates
		Series 2013-8

REO Detail

Loan Number

Group
No.

State

REO
Acquisition
Date

Original
Principal
Balance

Unpaid Principal
Balance at
Acquisition

Current
Scheduled
Principal
Balance

REO
Book
Value

No REOs to Report.


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


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		Mortgage Pass-Through Certificates
		Series 2013-8

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

Effective

Mod. Date

Loan Number

P&I

Scheduled
Balance

Current
Scheduled
Balance

Current
Actual
Balance

Delinquency
Status

Capitalized
Amount

Forgiven
Principal

Forgiven
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

941,734.99

943,285.27

Current

0.00


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


Distribution Date: 06/25/2014		Sequoia Mortgage Trust
Determination Date: 06/16/2014		Mortgage Pass-Through Certificates
		Series 2013-8

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


Loan Number		Loan Type	Interest Rate			Margin			Period Cap			Life Cap			Initial Reset Date	Next Reset Date	Int Reset Period		IO Period		Balloon Payment		Maturity Date
*Previously Modified Loans*
0000010000009975	Pre-Modified	Fixed		3.625	%		.	%		.	%		.	%				—		—		0.00		04/01/2043
	Modified	Fixed		3.625	%					N/A			0.000	%				0		0		0.00


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