0001628297-20-001045.txt : 20201209 0001628297-20-001045.hdr.sgml : 20201209 20201209164228 ACCESSION NUMBER: 0001628297-20-001045 CONFORMED SUBMISSION TYPE: 10-D PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20201125 0001176320 0001530239 FILED AS OF DATE: 20201209 DATE AS OF CHANGE: 20201209 ABS ASSET CLASS: Residential mortgages - Prime FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sequoia Mortgage Trust 2013-8 CENTRAL INDEX KEY: 0001577310 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 333-185882-04 FILM NUMBER: 201378292 BUSINESS ADDRESS: STREET 1: ONE BELVEDERE PLACE, STREET 2: SUITE 300 CITY: MILL VALLEY STATE: CA ZIP: 94941 BUSINESS PHONE: 415-389-7373 MAIL ADDRESS: STREET 1: ONE BELVEDERE PLACE, STREET 2: SUITE 300 CITY: MILL VALLEY STATE: CA ZIP: 94941 10-D 1 Form10DSEMT1308.htm Form 10-D

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 10-D

 

 

ASSET-BACKED ISSUER DISTRIBUTION REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the monthly distribution period from:

October 27, 2020 to November 25, 2020

Commission File Number of issuing entity: 333-185882-04

Central Index Key Number of issuing entity: 0001577310

 

 

Sequoia Mortgage Trust 2013-8

(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: 333-185882-01

Central Index Key Number of depositor: 0001176320

Sequoia Residential Funding, Inc.

(Exact name of depositor as specified in its charter)

 

Central Index Key Number of sponsor: 0001530239

RWT Holdings, Inc.

(Exact name of sponsor as specified in its charter)

Jeremy P. Strom

(720) 627-8472

(Name and telephone number, including area code, of the person to contact in connection with this filing)

 

 

 

 

New York

(State or other jurisdiction of incorporation or organization of the issuing entity)

46-3062396

46-3072712

(I.R.S. Employer Identification No.)

 

c/o Citibank, N.A.

388 Greenwich Street, 14th Floor

New York, New York

  10013
(Address of principal executive offices of the issuing entity)   (Zip Code)

(212) 816-5693

(Telephone number, including area code)

 

 

 

     Registered/reporting pursuant to
(check one)
   Name of
exchange
(If Section 12(b))

Title of class

   Section 12(b)    Section 12(g)    Section 15(d)   

A-1

   ¨    ¨    x   
           

 

A-2

   ¨    ¨    x   
           

 

A-3

   ¨    ¨    x   
           

 

A-IO1

   ¨    ¨    x   
           

 

A-IO2

   ¨    ¨    x   
           

 

B-1

   ¨    ¨    x   
           

 

B-2

   ¨    ¨    x   
           

 

B-3

   ¨    ¨    x   
           

 

B-4

   ¨    ¨    x   
           

 

B-5

   ¨    ¨    x   
           

 

LT-R

   ¨    ¨    x   
           

 

R

   ¨    ¨    x   
           

 

 

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ¨

 

 

 


PART I – DISTRIBUTION INFORMATION

Item 1. Distribution and Pool Performance Information.

On November 25, 2020, a distribution was made to holders of the certificates issued by Sequoia Mortgage Trust 2013-8.

The distribution report is attached as Exhibit 99.1 to this Form 10-D.

No assets securitized by Sequoia Residential Funding, Inc. (the “Depositor”) and held by Sequoia Mortgage Trust 2013-8 were the subject of a demand to repurchase or replace for breach of the representations and warranties during the monthly distribution period from October 27, 2020 to November 25, 2020.

RWT Holdings, Inc. (the “Securitizer”), an affiliate of the Depositor, is the sponsor and the Securitizer of assets held by Sequoia Mortgage Trust 2013-8. The Securitizer filed its first Form ABS-15G on February 6, 2012, and most recently filed its Form ABS-15G on November 13, 2020. The CIK number of the Securitizer is 0001530239.

PART II – OTHER INFORMATION

Item 10. Exhibits.

(a) The following is a list of documents filed as part of this Report on Form 10-D:

(99.1): Monthly report distributed to holders of the certificates issued by Sequoia Mortgage Trust 2013-8, relating to the November 25, 2020 distribution.

(b) The exhibits required to be filed by the Registrant pursuant to this Form 10-D are listed above and in the Exhibit Index that immediately follows the signature page hereof.

EXHIBIT INDEX

 

Exhibit
Number
   Description
Exhibit 99.1    Monthly report distributed to holders of the certificates issued by Sequoia Mortgage Trust 2013-8, relating to the November 25, 2020 distribution.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Sequoia Residential Funding, Inc.
(Depositor)

/s/ Jeremy P. Strom

Jeremy P. Strom, President & Senior Officer in Charge of Securitization

Date: December 9, 2020

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8

 

CONTACT INFORMATION  
Depositor Sequoia Residential Funding, Inc.
Trustee Wilmington Trust, National Association
Master Servicer CitiMortgage, Inc.

 

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
Asset Level Detail 14

 

Deal Contact: Karen Schluter Citibank, N.A.
  karen.schluter@citi.com Agency and Trust
  Tel: (212) 816-5827 388 Greenwich Street
    New York, NY 10013

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
DISTRIBUTION IN DOLLARS Distribution Summary

 

        Prior   Pass-                                   Current
    Original   Principal   Through   Accrual   Accrual   Interest   Principal     Total   Balance   Realized     Principal
Class   Balance   Balance   Rate   Day Count   Dates   Distributed   Distributed     Distributed   Change   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   120,798,655.34   3.000000 % 30 / 360   10/01 - 10/31   301,996.64   12,050,673.09     12,352,669.73   0.00   0.00     108,747,982.25
A-2   23,528,000.00   280,606.13   2.250000 % 30 / 360   10/01 - 10/31   526.14   280,606.13     281,132.27   0.00   0.00     0.00
A-3   10,000,000.00   10,000,000.00   3.000000 % 30 / 360   10/01 - 10/31   25,000.00   744,970.05     769,970.05   0.00   0.00     9,255,029.95
B-1   9,663,000.00   5,974,904.60   3.511399 % 30 / 360   10/01 - 10/31   17,483.56   438,262.26     455,745.82   0.00   0.00     5,536,642.34
B-2   7,593,000.00   4,694,965.42   3.511399 % 30 / 360   10/01 - 10/31   13,738.25   344,378.07     358,116.32   0.00   0.00     4,350,587.35
B-3   6,902,000.00   4,267,700.67   3.511399 % 30 / 360   10/01 - 10/31   12,488.00   313,037.99     325,525.99   0.00   0.00     3,954,662.68
B-4   3,681,000.00   2,276,065.80   3.511399 % 30 / 360   10/01 - 10/31   6,660.15   166,950.57     173,610.72   0.00   0.00     2,109,115.23
B-5   4,832,464.00   4,832,464.00   3.511399 % 30 / 360   10/01 - 10/31   14,140.58   0.00     14,140.58   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   153,125,361.96               392,033.32   14,338,878.16     14,730,911.48   0.00   0.00     138,786,483.80

 

Notional Classes                        
A-IO1 23,528,000.00 280,606.13 0.750000 % 30 / 360 10/01 - 10/31 175.38 0.00 175.38 0.00 0.00 0.00
A-IO2 427,487,000.00 131,079,261.48 0.511399 % 30 / 360 10/01 - 10/31 55,861.47 0.00 55,861.47 0.00 0.00 118,003,012.20
Totals 451,015,000.00 131,359,867.61         56,036.85 0.00 56,036.85 0.00 0.00 118,003,012.20

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
PER $1,000 OF ORIGINAL BALANCE Distribution Summary (Factors)

 

        Prior           Current
      Record Principal Interest Principal Total Balance Realized Principal
Class CUSIP(s)   Date Balance Distributed Distributed Distributed Change Loss Balance
        (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 81745 EAA7 10/30/2020 306.627480 0.766569 30.588648 31.355216 0.000000 0.000000 276.038832
A-2 81745 EAK5 10/30/2020 11.926476 0.022362 11.926476 11.948838 0.000000 0.000000 0.000000
A-3 81745 EAL3 10/30/2020 1,000.000000 2.500000 74.497005 76.997005 0.000000 0.000000 925.502995
B-1 81745 EAC3 10/30/2020 618.328118 1.809330 45.354679 47.164009 0.000000 0.000000 572.973439
B-2 81745 EAD1 10/30/2020 618.328121 1.809331 45.354678 47.164009 0.000000 0.000000 572.973443
B-3 81745 EAE9 10/30/2020 618.328118 1.809331 45.354678 47.164009 0.000000 0.000000 572.973440
B-4 81745 EAF6 10/30/2020 618.328117 1.809332 45.354678 47.164010 0.000000 0.000000 572.973439
B-5 81745 EAG4 10/30/2020 1,000.000000 2.926164 0.000000 2.926164 0.000000 0.000000 1,000.000000
R 81745 EAH2 10/30/2020 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
LT-R 81745 EAJ8 10/30/2020 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-IO1 81745 EAB5 10/30/2020 11.926476 0.007454 0.000000 0.007454 0.000000 0.000000 0.000000
A-IO2 81745 VAA9 10/30/2020 306.627480 0.130674 0.000000 0.130674 0.000000 0.000000 276.038832

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
DISTRIBUTION IN DOLLARS Interest Distribution Detail

 

    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   120,798,655.34   3.000000 % 3.000000 % 30 / 360   301,996.64   0.00   0.00   0.00     301,996.64 0.00   301,996.64     0.00
A-2   280,606.13   2.250000 % -   30 / 360   526.14   0.00   0.00   0.00     526.14 0.00   526.14     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   5,974,904.60   3.511399 % 3.511571 % 30 / 360   17,483.56   0.00   0.00   0.00     17,483.56 0.00   17,483.56     0.00
B-2   4,694,965.42   3.511399 % 3.511571 % 30 / 360   13,738.25   0.00   0.00   0.00     13,738.25 0.00   13,738.25     0.00
B-3   4,267,700.67   3.511399 % 3.511571 % 30 / 360   12,488.00   0.00   0.00   0.00     12,488.00 0.00   12,488.00     0.00
B-4   2,276,065.80   3.511399 % 3.511571 % 30 / 360   6,660.15   0.00   0.00   0.00     6,660.15 0.00   6,660.15     0.00
B-5   4,832,464.00   3.511399 % 3.511571 % 30 / 360   14,140.58   0.00   0.00   0.00     14,140.58 0.00   14,140.58     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   153,125,361.96               392,033.32   0.00   0.00   0.00     392,033.32 0.00   392,033.32     0.00

 

Notional Classes                            
A-IO1 280,606.13 0.750000 % -   30 / 360 175.38 0.00 0.00 0.00 175.38 0.00 175.38 0.00
A-IO2 131,079,261.48 0.511399 % 0.511571 % 30 / 360 55,861.47 0.00 0.00 0.00 55,861.47 0.00 55,861.47 0.00
Totals 131,359,867.61           56,036.85 0.00 0.00 0.00 56,036.85 0.00 56,036.85 0.00

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
DISTRIBUTION IN DOLLARS Principal Distribution Detail

 

        Prior   Scheduled   Unscheduled       Current   Current     Current   Cumulative   Original   Current   Original Current  
    Original   Principal   Principal   Principal   Balance   Realized   Principal     Principal   Realized   Class   Class   Credit   Credit  
Class   Balance   Balance   Distribution   Distribution   Change   Losses   Recoveries     Balance   Losses   (%)   (%)   Support Support  
(1 ) (2 ) (3 ) (4 ) (5 ) (6 ) (7 ) (8 ) (9)= (3)-(4)-(5)+(6)-   (10 ) (11 ) (12 ) (13 ) (14 )
                                (7)+ (8 )                    
A-1   393,959,000.00   120,798,655.34   328,376.19   11,722,296.90   0.00   0.00   0.00     108,747,982.25   0.00   85.61 % 78.36 % 7.10 % 14.98 %
A-2   23,528,000.00   280,606.13   27,946.55   252,659.58   0.00   0.00   0.00     0.00   0.00   5.11 % 0.00 % 7.10 % N/A  
A-3   10,000,000.00   10,000,000.00   0.00   744,970.05   0.00   0.00   0.00     9,255,029.95   0.00   2.17 % 6.67 % 7.10 % 14.98 %
B-1   9,663,000.00   5,974,904.60   20,801.74   417,460.51   0.00   0.00   0.00     5,536,642.34   0.00   2.10 % 3.99 % 5.00 % 10.99 %
B-2   7,593,000.00   4,694,965.42   16,345.61   328,032.46   0.00   0.00   0.00     4,350,587.35   0.00   1.65 % 3.13 % 3.35 % 7.85 %
B-3   6,902,000.00   4,267,700.67   14,858.08   298,179.91   0.00   0.00   0.00     3,954,662.68   0.00   1.50 % 2.85 % 1.85 % 5.00 %
B-4   3,681,000.00   2,276,065.80   7,924.17   159,026.40   0.00   0.00   0.00     2,109,115.23   0.00   0.80 % 1.52 % 1.05 % 3.48 %
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 % 3.48 % 0.00 % 0.00 %
Totals   460,158,464.00   153,125,361.96   416,252.34   13,922,625.81   0.00   0.00   0.00     138,786,483.80   0.00   100 % 100 %        

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
    Reconciliation Detail

 

SOURCE OF FUNDS
 
Interest Funds Available      
Scheduled Interest   482,523.40  
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:     482,523.40
Principal Funds Available      
Scheduled Principal   416,252.34  
Curtailments   291,357.58  
Curtailments Adjustments   924.39  
Prepayments in Full   13,630,343.85  
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:     14,338,878.16
Total Funds Available     14,821,401.56

 

ALLOCATION OF FUNDS
 
Scheduled Fees    
Servicing Fee 31,901.17  
Trustee Fee 153.14  
Securities Adminstrator Fee 2,398.92  
Total Scheduled Fees:   34,453.23
Additional Fees, Expenses, etc.    
Trust Fund Expenses 0.00  
Other Expenses 0.00  
Total Additional Fees, Expenses, etc.:   0.00
Distributions    
Interest Distribution 448,070.17  
Principal Distribution 14,338,878.16  
Total Distributions:   14,786,948.33
Total Funds Allocated   14,821,401.56

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    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   153,125,362.03   138,786,483.87   30.16 %
Aggregate Actual Principal Balance 460,158,464.20   153,448,866.00   139,061,800.59   30.22 %
Loan Count 603   246   223   380  
Weighted Average Coupon Rate (WAC) 3.834553 % 3.781399 % 3.781571 % -0.052981 %
Net Weighted Average Coupon Rate (Net WAC) 3.564553 % 3.511399 % 3.511571 % -0.052981 %
Weighted Average Remaining Term (WART in months) 357   268   267   90  

 

AVAILABLE PRINCIPAL
 
Scheduled Principal 416,252.34
Curtailments 291,357.58
Curtailments Adjustments 924.39
Prepayments in Full 13,630,343.85
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 14,338,878.16
 
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 482,523.40
 
Less: Servicing Fee 31,901.17
  Trustee Fee 153.14
  Securities Adminstrator Fee 2,398.92
  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 448,070.17

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    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   1 501,129.00 0.36 3.0000 91
3.01 to 3.15   1 238,457.21 0.17 3.1250 85
3.16 to 3.30   2 1,226,600.25 0.88 3.2500 244
3.31 to 3.45   7 4,883,760.02 3.52 3.3750 269
3.46 to 3.60   12 9,562,394.71 6.89 3.5032 257
3.61 to 3.75   96 58,437,580.73 42.11 3.7105 270
3.76 to 3.90   63 40,083,884.23 28.88 3.8750 270
3.91 to 4.05   31 17,918,104.46 12.91 4.0000 268
4.06 to 4.20   6 3,520,256.80 2.54 4.1250 270
4.21 to 4.35   4 2,414,316.46 1.74 4.2500 269
4.36 to 4.50   0 0.00 0.00 0.0000 0
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 223 138,786,483.87 100.00 3.7816 267

 

Ending Scheduled Balance
 
Ending Sched # of Ending Sched % of Agg    
Balance Loans Balance Balance WAC WART
 
1 to 150,000 3 228,307.24 0.16 3.7940 270
150,001 to 300,000 7 1,850,091.49 1.33 3.7549 214
300,001 to 450,000 29 11,630,160.25 8.38 3.7579 265
450,001 to 600,000 79 42,120,348.41 30.35 3.8164 267
600,001 to 750,000 54 35,915,688.05 25.88 3.8239 267
750,001 to 900,000 31 25,403,607.45 18.30 3.7367 269
900,001 to 1,050,000 11 10,627,050.70 7.66 3.7165 270
1,050,001 to 1,200,000 6 6,937,424.11 5.00 3.7077 269
1,200,001 to 1,350,000 1 1,265,614.62 0.91 3.7500 270
1,350,001 to 1,500,000 2 2,808,191.55 2.02 3.6808 269
Totals 223 138,786,483.87 100.00 3.7816 267

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    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 1,033,354.10   2   30-59 0.00   0   30-59 0.00   0   30-59 0.00   0   30-59 1,033,354.10   2  
  0.744564 % 0.9 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.744564 % 0.9 %
60-89 618,941.05   1   60-89 0.00   0   60-89 0.00   0   60-89 0.00   0   60-89 618,941.05   1  
  0.445966 % 0.4 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.445966 % 0.4 %
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+ 507,416.49   2   180+ 0.00   0   180+ 0.00   0   180+ 0.00   0   180+ 507,416.49   2  
  0.365609 % 0.9 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.365609 % 0.9 %
Total 2,159,711.64   5   Total 0.00   0   Total 0.00   0   Total 0.00   0   Total 2,159,711.64   5  
  1.556140 % 2.2 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.000000 % 0.0 %   1.556140 % 2.2 %

 

Principal and Interest Advances 630,079.00

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    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  
11/2020 1,033,354   2   618,941   1   507,416   2   0   0   0   0   0   0   2,159,712   5  
  0.745 % 0.9 % 0.446 % 0.4 % 0.366 % 0.9 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 1.556 % 2.2 %
10/2020 1,656,329   3   0   0   514,358   2   0   0   0   0   0   0   2,170,687   5  
  1.082 % 1.2 % 0.000 % 0.0 % 0.336 % 0.8 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 1.418 % 2.0 %
09/2020 1,038,251   2   0   0   1,202,083   3   0   0   0   0   0   0   2,240,334   5  
  0.638 % 0.8 % 0.000 % 0.0 % 0.739 % 1.1 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 1.377 % 1.9 %
08/2020 1,040,687   2   0   0   1,210,533   3   0   0   0   0   0   0   2,251,220   5  
  0.616 % 0.7 % 0.000 % 0.0 % 0.716 % 1.1 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 1.332 % 1.8 %
07/2020 618,272   1   535,071   2   683,887   1   0   0   0   0   0   0   1,837,230   4  
  0.346 % 0.3 % 0.300 % 0.7 % 0.383 % 0.3 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 1.029 % 1.4 %
06/2020 2,691,406   5   685,422   1   0   0   0   0   0   0   0   0   3,376,828   6  
  1.438 % 1.7 % 0.366 % 0.3 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 1.804 % 2.0 %
05/2020 3,711,475   6   0   0   0   0   0   0   0   0   0   0   3,711,475   6  
  1.894 % 1.9 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 1.894 % 1.9 %
04/2020 622,567   1   0   0   0   0   0   0   0   0   0   0   622,567   1  
  0.308 % 0.3 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.308 % 0.3 %
03/2020 623,989   1   0   0   0   0   0   0   0   0   0   0   623,989   1  
  0.302 % 0.3 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.302 % 0.3 %
02/2020 1,055,145   2   0   0   0   0   0   0   0   0   0   0   1,055,145   2  
  0.507 % 0.6 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.507 % 0.6 %
01/2020 1,528,473   3   0   0   0   0   0   0   0   0   0   0   1,528,473   3  
  0.714 % 0.9 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.714 % 0.9 %
12/2019 628,229   1   0   0   0   0   0   0   0   0   0   0   628,229   1  
  0.286 % 0.3 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.286 % 0.3 %

 


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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    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-Nov-2020 90.47 138,786,483.87 416,252.34 13,922,625.82 0.00 9.117 % 68.247 % 1,137 % 0.000 % 0.000 % 0 %
26-Oct-2020 89.47 153,125,362.03 436,346.55 9,107,337.00 0.00 5.614 % 50.008 % 833 % 0.000 % 0.000 % 0 %
25-Sep-2020 88.46 162,669,045.58 448,573.51 5,848,661.02 0.00 3.471 % 34.550 % 576 % 0.000 % 0.000 % 0 %
25-Aug-2020 87.46 168,966,280.11 473,654.36 9,023,971.30 0.00 5.070 % 46.439 % 774 % 0.000 % 0.000 % 0 %
27-Jul-2020 86.46 178,463,905.77 492,073.57 8,239,849.99 0.00 4.413 % 41.821 % 697 % 0.000 % 0.000 % 0 %
25-Jun-2020 85.45 187,195,829.33 510,751.09 8,300,317.16 0.00 4.246 % 40.585 % 676 % 0.000 % 0.000 % 0 %
26-May-2020 84.45 196,006,897.58 525,215.11 5,551,311.96 0.00 2.754 % 28.476 % 475 % 0.000 % 0.000 % 0 %
27-Apr-2020 83.44 202,083,424.65 533,772.91 3,760,032.60 0.00 1.827 % 19.846 % 331 % 0.000 % 0.000 % 0 %
25-Mar-2020 82.45 206,377,230.16 534,406.01 1,184,857.85 0.00 0.571 % 6.639 % 111 % 0.000 % 0.000 % 0 %
25-Feb-2020 81.45 208,096,494.02 541,011.36 5,377,355.36 0.00 2.519 % 26.372 % 440 % 0.000 % 0.000 % 0 %
27-Jan-2020 80.44 214,014,860.74 550,643.26 5,312,947.15 0.00 2.422 % 25.492 % 425 % 0.000 % 0.000 % 0 %
26-Dec-2019 79.44 219,878,451.15 555,070.07 2,849,080.87 0.00 1.279 % 14.315 % 239 % 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%))          

 


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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
    Waterfall Detail

 

      Remaining
DISTRIBUTIONS Amount   Available
  Distributed   Funds
 
 
 
Available Distribution Amount     14,786,948.33
 
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (383,559.63 ) 14,403,388.70
Senior Certificates, the Senior Principal Distribution Amount (13,076,249.27 ) 1,327,139.43
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (17,483.56 ) 1,309,655.87
Class B-1 Certificates, the Subordinate Principal Distribution Amount (438,262.26 ) 871,393.62
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (13,738.25 ) 857,655.37
Class B-2 Certificates, the Subordinate Principal Distribution Amount (344,378.07 ) 513,277.29
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (12,488.00 ) 500,789.29
Class B-3 Certificates, the Subordinate Principal Distribution Amount (313,037.99 ) 187,751.30
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (6,660.15 ) 181,091.15
Class B-4 Certificates, the Subordinate Principal Distribution Amount (166,950.57 ) 14,140.58
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (14,140.58 ) 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

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
    Other Information

 

Principal Percentages    
 
Beginning Senior Percentage 85.602581 %
Beginning Subordinate Percentage 14.397419 %
Senior Prepayment Percentage 91.361548 %
Subordinate Prepayment Percentage 8.638452 %
 
Other Information    
 
Step-Down Test satisfied? Yes  

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    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
0000010000009522 10/30/2020 Voluntary Prepayment 765,000.00 613,923.37 613,923.37 0.00 0.00 3.75000 % Not Provided 360 AZ
0000010000008758 11/13/2020 Voluntary Prepayment 752,000.00 634,495.00 634,495.00 0.00 0.00 3.75000 % Not Provided 360 CA
0000010000008971 10/29/2020 Voluntary Prepayment 684,000.00 574,790.29 574,790.29 0.00 0.00 3.50000 % Not Provided 360 CA
0000010000010022 11/04/2020 Voluntary Prepayment 760,000.00 643,279.50 643,279.50 0.00 0.00 3.87500 % Not Provided 360 CA
0000010000010288 11/04/2020 Voluntary Prepayment 998,200.00 846,855.50 846,855.50 0.00 0.00 3.87500 % Not Provided 360 CA
0000010000010322 11/04/2020 Voluntary Prepayment 520,000.00 264,893.20 264,893.20 0.00 0.00 3.87500 % Not Provided 360 CA
0000010000010450 11/12/2020 Voluntary Prepayment 775,000.00 652,222.66 652,222.66 0.00 0.00 3.75000 % Not Provided 360 CA
0000010000010516 10/30/2020 Voluntary Prepayment 681,000.00 571,375.00 571,328.68 0.00 0.00 3.75000 % Not Provided 360 CA
0000010000010724 10/20/2020 Voluntary Prepayment 878,000.00 742,552.95 742,552.95 0.00 0.00 3.75000 % Not Provided 360 CA
0000010000010888 11/12/2020 Voluntary Prepayment 948,000.00 781,704.11 781,704.11 0.00 0.00 3.75000 % Not Provided 360 CA
0000010000011346 10/29/2020 Voluntary Prepayment 772,000.00 656,974.25 656,974.25 0.00 0.00 4.00000 % Not Provided 360 CA
0000010000011458 11/04/2020 Voluntary Prepayment 688,000.00 582,543.07 582,543.07 0.00 0.00 3.87500 % Not Provided 360 CA
0000001170010372 10/30/2020 Voluntary Prepayment 806,000.00 659,490.92 659,490.92 0.00 0.00 3.75000 % Not Provided 360 CO
0000010000009996 10/27/2020 Voluntary Prepayment 583,200.00 494,777.26 494,777.26 0.00 0.00 3.87500 % Not Provided 360 IL
0000010000008342 11/13/2020 Voluntary Prepayment 1,100,000.00 427,549.49 427,549.49 0.00 0.00 3.75000 % Not Provided 360 MA
0000010000010119 10/27/2020 Voluntary Prepayment 572,000.00 484,346.70 484,254.99 0.00 0.00 3.87500 % Not Provided 360 MA
0000010000008576 11/09/2020 Voluntary Prepayment 968,850.00 261,659.26 261,659.26 0.00 0.00 3.75000 % Not Provided 360 MD
0000010000009657 10/28/2020 Voluntary Prepayment 1,000,000.00 851,003.77 851,003.77 0.00 0.00 4.00000 % Not Provided 360 MD
0000010000009247 10/23/2020 Voluntary Prepayment 601,600.00 507,595.42 507,595.42 0.00 0.00 3.75000 % Not Provided 360 NE
0000010000010141 10/28/2020 Voluntary Prepayment 611,000.00 324,491.65 323,990.14 0.00 0.00 3.62500 % Not Provided 360 TX
0000010000008972 10/23/2020 Voluntary Prepayment 729,000.00 409,294.73 409,294.73 0.00 0.00 3.00000 % Not Provided 180 VA

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    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
 
0000010000009901 11/09/2020 Voluntary Prepayment 1,020,000.00 862,346.85 862,346.85 0.00 0.00 3.75000 % Not Provided 360 VA
 
0000010000010184 11/12/2020 Voluntary Prepayment 972,800.00 823,397.12 823,397.12 0.00 0.00 3.87500 % Not Provided 360 VA
 
Count: 23   TOTALS: 18,185,650.00 13,671,562.07 13,670,922.53 0.00 0.00 3.779497 % Not Provided 353  

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
    Liquidation / Loss Detail

 

      Most Recent Cutoff Prior Unpaid Prior Scheduled Current Subsequent    
    Most Recent Next Due Principal Principal Principal Realized Loss Loss / (Recovery) Total Realized Loss
Loan Number Loss Type Loan Status Date Balance Balance Balance Amount Amount Loss Amount Severity
 
No Loans With Losses to Report.

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    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.      

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
    Material Modifications, Extensions, and Waivers Loan Detail: Part 1

 

        Current Current        
Effective       Scheduled Actual Delinquency Capitalized Forgiven Forgiven
Mod. Date Loan Number P&I Balance Balance Balance Status Amount Principal Interest
 
        No Modified Loans to Report.        

 

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Distribution Date: 11/25/2020 Sequoia Mortgage Trust
Determination Date: 11/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
    Material Modifications, Extensions, and Waivers Loan Detail: Part 2

 

    Interest   Period Life Initial Reset Next Int Reset IO Balloon Maturity
Loan Number Loan Type Rate Margin Cap Cap Date Reset Date Period Period Payment Date
 
        No Modified Loans to Report.          

 

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