0001628297-23-001099.txt : 20230808 0001628297-23-001099.hdr.sgml : 20230808 20230808143540 ACCESSION NUMBER: 0001628297-23-001099 CONFORMED SUBMISSION TYPE: 10-D PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20230725 0001176320 0001530239 FILED AS OF DATE: 20230808 DATE AS OF CHANGE: 20230808 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: 231150558 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:

June 27, 2023 to July 25, 2023

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 July 25, 2023, 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 June 27, 2023 to July 25, 2023.

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 February 1, 2023. 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 July 25, 2023 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 July 25, 2023 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: August 8, 2023

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Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    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

 

Reports Available at sf.citidirect.com Page 1 of 18 © Copyright 2023 Citigroup

 


 

Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    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   39,032,384.68   3.000000 % 30 / 360   06/01 - 06/30   97,580.96   143,452.47     241,033.43   0.00   0.00     38,888,932.21
A-2   23,528,000.00   0.00   0.000000 % -   -   0.00   0.00     0.00   0.00   0.00     0.00
A-3   10,000,000.00   3,321,862.91   3.000000 % 30 / 360   06/01 - 06/30   8,304.66   12,208.57     20,513.23   0.00   0.00     3,309,654.34
B-1   9,663,000.00   1,860,638.56   3.481110 % 30 / 360   06/01 - 06/30   5,397.57   14,955.29     20,352.86   0.00   0.00     1,845,683.27
B-2   7,593,000.00   1,462,054.10   3.481110 % 30 / 360   06/01 - 06/30   4,241.31   11,751.58     15,992.89   0.00   0.00     1,450,302.52
B-3   6,902,000.00   1,329,000.07   3.481110 % 30 / 360   06/01 - 06/30   3,855.33   10,682.13     14,537.46   0.00   0.00     1,318,317.94
B-4   3,681,000.00   719,746.62   3.481110 % 30 / 360   06/01 - 06/30   2,087.93   0.00     2,087.93   0.00   0.00     719,746.62
B-5   4,832,464.00   4,801,835.39   3.481110 % 30 / 360   06/01 - 06/30   13,929.76   0.00     13,929.76   0.00   0.00     4,801,835.39
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   52,527,522.33               135,397.52   193,050.04     328,447.56   0.00   0.00     52,334,472.29

 

Notional Classes                        
A-IO1 23,528,000.00 0.00 0.000000 % - - 0.00 0.00 0.00 0.00 0.00 0.00
A-IO2 427,487,000.00 42,354,247.60 0.481110 % 30 / 360 06/01 - 06/30 16,980.87 0.00 16,980.87 0.00 0.00 42,198,586.55
Totals 451,015,000.00 42,354,247.60         16,980.87 0.00 16,980.87 0.00 0.00 42,198,586.55

 

Reports Available at sf.citidirect.com Page 2 of 18 © Copyright 2023 Citigroup

 


 

Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    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 6/30/2023 99.077276 0.247693 0.364130 0.611824 0.000000 0.000000 98.713146
A-2 81745 EAK5 6/30/2023 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 81745 EAL3 6/30/2023 332.186291 0.830466 1.220857 2.051323 0.000000 0.000000 330.965434
B-1 81745 EAC3 6/30/2023 192.552888 0.558581 1.547686 2.106267 0.000000 0.000000 191.005202
B-2 81745 EAD1 6/30/2023 192.552891 0.558582 1.547686 2.106268 0.000000 0.000000 191.005205
B-3 81745 EAE9 6/30/2023 192.552893 0.558582 1.547686 2.106268 0.000000 0.000000 191.005207
B-4 81745 EAF6 6/30/2023 195.530187 0.567218 0.000000 0.567218 0.000000 0.000000 195.530187
B-5 81745 EAG4 6/30/2023 993.661906 2.882538 0.000000 2.882538 0.000000 0.000000 993.661906
R 81745 EAH2 6/30/2023 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
LT-R 81745 EAJ8 6/30/2023 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-IO1 81745 EAB5 6/30/2023 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-IO2 81745 VAA9 6/30/2023 99.077276 0.039723 0.000000 0.039723 0.000000 0.000000 98.713146

 

Reports Available at sf.citidirect.com Page 3 of 18 © Copyright 2023 Citigroup

 


 

Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    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   39,032,384.68   3.000000 % 3.000000 % 30 / 360   97,580.96   0.00   0.00   0.00     97,580.96 0.00   97,580.96     0.00
A-2   0.00   0.000000 % -   -   0.00   0.00   0.00   0.00     0.00 0.00   0.00     0.00
A-3   3,321,862.91   3.000000 % 3.000000 % 30 / 360   8,304.66   0.00   0.00   0.00     8,304.66 0.00   8,304.66     0.00
B-1   1,860,638.56   3.481110 % 3.481257 % 30 / 360   5,397.57   0.00   0.00   0.00     5,397.57 0.00   5,397.57     0.00
B-2   1,462,054.10   3.481110 % 3.481257 % 30 / 360   4,241.31   0.00   0.00   0.00     4,241.31 0.00   4,241.31     0.00
B-3   1,329,000.07   3.481110 % 3.481257 % 30 / 360   3,855.33   0.00   0.00   0.00     3,855.33 0.00   3,855.33     0.00
B-4   719,746.62   3.481110 % 3.481257 % 30 / 360   2,087.93   0.00   0.00   0.00     2,087.93 0.00   2,087.93     0.00
B-5   4,801,835.39   3.481110 % 3.481257 % 30 / 360   13,929.76   939.36   0.00   0.00     14,869.12 0.00   13,929.76     939.36
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   52,527,522.33               135,397.52   939.36   0.00   0.00     136,336.88 0.00   135,397.52     939.36

 

Notional Classes                            
A-IO1 0.00 0.000000 % -   - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
A-IO2 42,354,247.60 0.481110 % 0.481257 % 30 / 360 16,980.87 0.00 0.00 0.00 16,980.87 0.00 16,980.87 0.00
Totals 42,354,247.60           16,980.87 0.00 0.00 0.00 16,980.87 0.00 16,980.87 0.00

 

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Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    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   39,032,384.68   131,543.20   11,909.28   0.00   0.00   0.00     38,888,932.21   0.00   85.61 % 74.31 % 7.10 % 19.37 %
A-2   23,528,000.00   0.00   0.00   0.00   0.00   0.00   0.00     0.00   0.00   5.11 % 0.00 % 7.10 % N/A  
A-3   10,000,000.00   3,321,862.91   11,195.02   1,013.54   0.00   0.00   0.00     3,309,654.34   0.00   2.17 % 6.32 % 7.10 % 19.37 %
B-1   9,663,000.00   1,860,638.56   13,713.72   1,241.57   0.00   0.00   0.00     1,845,683.27   0.00   2.10 % 3.53 % 5.00 % 15.84 %
B-2   7,593,000.00   1,462,054.10   10,775.98   975.60   0.00   0.00   0.00     1,450,302.52   0.00   1.65 % 2.77 % 3.35 % 13.07 %
B-3   6,902,000.00   1,329,000.07   9,795.31   886.82   0.00   0.00   0.00     1,318,317.94   0.00   1.50 % 2.52 % 1.85 % 10.55 %
B-4   3,681,000.00   719,746.62   0.00   0.00   0.00   0.00   0.00     719,746.62   0.00   0.80 % 1.38 % 1.05 % 9.18 %
B-5   4,832,464.00   4,801,835.39   0.00   0.00   0.00   0.00   0.00     4,801,835.39   30,628.61   1.05 % 9.18 % 0.00 % 0.00 %
Totals   460,158,464.00   52,527,522.33   177,023.23   16,026.81   0.00   0.00   0.00     52,334,472.29   30,628.61   100 % 100 %        

 

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Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
    Reconciliation Detail

 

SOURCE OF FUNDS
 
Interest Funds Available      
Scheduled Interest   164,197.11  
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:     164,197.11
Principal Funds Available      
Scheduled Principal   177,023.22  
Curtailments   15,978.30  
Curtailments Adjustments   48.51  
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:     193,050.03
Total Funds Available     357,247.14

 

ALLOCATION OF FUNDS
Scheduled Fees    
Master Servicing Fee 0.00  
Servicing Fee 10,943.23  
Trustee Fee 52.56  
Securities Adminstrator Fee 822.93  
Total Scheduled Fees:   11,818.72
Additional Fees, Expenses, etc.    
Trust Fund Expenses 0.00  
Other Expenses 0.00  
Total Additional Fees, Expenses, etc.:   0.00
Distributions    
Interest Distribution 152,378.39  
Principal Distribution 193,050.03  
Total Distributions:   345,428.42
Total Funds Allocated   357,247.14

 

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Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    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   52,527,522.37   52,334,472.34   11.37 %
Aggregate Actual Principal Balance 460,158,464.20   52,659,508.75   52,458,544.21   11.40 %
Loan Count 603   90   90   513  
Weighted Average Coupon Rate (WAC) 3.834553 % 3.751110 % 3.751257 % -0.083295 %
Net Weighted Average Coupon Rate (Net WAC) 3.564553 % 3.481110 % 3.481257 % -0.083295 %
Weighted Average Remaining Term (WART in months) 357   236   235   122  

 

AVAILABLE PRINCIPAL
 
Scheduled Principal 177,023.22
Curtailments 15,978.30
Curtailments Adjustments 48.51
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 193,050.03
 
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 30,628.61

 

AVAILABLE INTEREST
 
Scheduled Interest 164,197.11
 
Less: Servicing Fee 10,943.23
  Trustee Fee 52.56
  Securities Adminstrator Fee 822.93
  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 152,378.39

 

Reports Available at sf.citidirect.com Page 7 of 18 © Copyright 2023 Citigroup

 


 

Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    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   1 333,724.16 0.64 3.0000 59
3.01 to 3.15   0 0.00 0.00 0.0000 0
3.16 to 3.30   2 1,000,027.22 1.91 3.2500 223
3.31 to 3.45   3 2,565,545.14 4.90 3.3750 237
3.46 to 3.60   8 6,006,054.97 11.48 3.5042 227
3.61 to 3.75   35 19,177,772.57 36.64 3.7100 237
3.76 to 3.90   30 17,379,235.90 33.21 3.8750 238
3.91 to 4.05   7 3,501,597.88 6.69 4.0000 238
4.06 to 4.20   3 1,691,874.94 3.23 4.1250 238
4.21 to 4.35   1 678,639.56 1.30 4.2500 237
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 90 52,334,472.34 100.00 3.7513 235

 

Ending Scheduled Balance
 
Ending Sched # of Ending Sched % of Agg    
Balance Loans Balance Balance WAC WART
 
1 to 150,000 2 234,642.93 0.45 3.5477 175
150,001 to 300,000 4 818,014.55 1.56 3.8402 238
300,001 to 450,000 15 5,952,684.30 11.37 3.7327 228
450,001 to 600,000 31 16,227,001.51 31.01 3.7998 234
600,001 to 750,000 21 13,840,187.82 26.45 3.7819 238
750,001 to 900,000 10 8,133,533.55 15.54 3.6826 238
900,001 to 1,050,000 6 5,795,644.05 11.07 3.7110 237
1,050,001 to 1,200,000 0 0.00 0.00 0.0000 0
1,200,001 to 1,350,000 1 1,332,763.63 2.55 3.5000 237
Totals 90 52,334,472.34 100.00 3.7513 235

 

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Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    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 %
30-59 387,263.06   1   30-59 0.00   0   30-59 0.00   0   30-59 0.00   0   30-59 387,263.06   1  
  0.739977 % 1.1 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.739977 % 1.1 %
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 387,263.06   1   Total 0.00   0   Total 0.00   0   Total 0.00   0   Total 387,263.06   1  
  0.739977 % 1.1 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.739977 % 1.1 %

 

Principal and Interest Advances 227,321.63

 

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Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    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  
07/2023 387,263   1   0   0   0   0   0   0   0   0   0   0   387,263   1  
  0.740 % 1.1 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.740 % 1.1 %
06/2023 388,365   1   0   0   0   0   0   0   0   0   0   0   388,365   1  
  0.739 % 1.1 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.739 % 1.1 %
05/2023 389,463   1   0   0   0   0   0   0   0   0   0   0   389,463   1  
  0.739 % 1.1 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.739 % 1.1 %
04/2023 1,157,954   2   0   0   0   0   0   0   0   0   0   0   1,157,954   2  
  2.189 % 2.2 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 2.189 % 2.2 %
03/2023 569,778   1   0   0   0   0   0   0   0   0   0   0   569,778   1  
  1.073 % 1.1 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 1.073 % 1.1 %
02/2023 571,370   1   0   0   0   0   0   0   0   0   0   0   571,370   1  
  1.063 % 1.1 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 1.063 % 1.1 %
01/2023 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 %
12/2022 574,539   1   0   0   0   0   0   0   0   0   0   0   574,539   1  
  1.045 % 1.1 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 1.045 % 1.1 %
11/2022 576,117   1   0   0   0   0   0   0   0   0   0   0   576,117   1  
  1.041 % 1.1 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 1.041 % 1.1 %
10/2022 577,689   1   0   0   0   0   0   0   0   0   0   0   577,689   1  
  1.041 % 1.1 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 1.041 % 1.1 %
09/2022 579,255   1   0   0   0   0   0   0   0   0   0   0   579,255   1  
  1.022 % 1.1 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 1.022 % 1.1 %
08/2022 580,817   1   0   0   0   0   0   0   0   0   0   0   580,817   1  
  1.013 % 1.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 1.013 % 1.0 %

 


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Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    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-Jul-2023 122.49 52,334,472.34 177,023.22 16,026.81 0.00 0.031 % 0.367 % 6 % 0.000 % 0.000 % 0 %
26-Jun-2023 121.49 52,527,522.37 176,433.84 14,261.87 0.00 0.027 % 0.325 % 5 % 0.000 % 0.000 % 0 %
25-May-2023 120.49 52,718,218.08 175,874.34 4,801.75 0.00 0.009 % 0.109 % 2 % 0.000 % 0.000 % 0 %
25-Apr-2023 119.49 52,898,894.17 175,224.41 34,581.13 0.00 0.065 % 0.781 % 13 % 0.000 % 0.000 % 0 %
27-Mar-2023 118.48 53,108,699.71 175,605.48 468,757.61 0.00 0.875 % 10.008 % 167 % 0.000 % 0.000 % 0 %
27-Feb-2023 117.48 53,753,062.80 174,853.67 65,613.24 0.00 0.122 % 1.453 % 24 % 0.000 % 0.000 % 0 %
25-Jan-2023 116.49 53,993,529.71 176,432.47 790,312.73 0.00 1.443 % 16.002 % 267 % 0.000 % 0.000 % 0 %
27-Dec-2022 115.49 54,960,274.91 178,407.50 181,314.63 0.00 0.329 % 3.875 % 65 % 0.000 % 0.000 % 0 %
25-Nov-2022 114.49 55,319,997.04 177,818.39 12,485.21 0.00 0.023 % 0.270 % 5 % 0.000 % 0.000 % 0 %
25-Oct-2022 113.48 55,510,300.64 179,797.62 966,424.55 0.00 1.711 % 18.708 % 312 % 0.000 % 0.000 % 0 %
26-Sep-2022 112.48 56,656,522.81 183,473.09 521,371.12 0.00 0.912 % 10.410 % 173 % 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 Page 11 of 18 © Copyright 2023 Citigroup

 


 

Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
    Waterfall Detail

 

      Remaining
DISTRIBUTIONS Amount   Available
  Distributed   Funds
 
 
 
Available Distribution Amount     345,428.42
 
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (122,866.49 ) 222,561.93
Senior Certificates, the Senior Principal Distribution Amount (155,661.04 ) 66,900.89
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (5,397.57 ) 61,503.32
Class B-1 Certificates, the Subordinate Principal Distribution Amount (14,955.29 ) 46,548.03
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (4,241.31 ) 42,306.72
Class B-2 Certificates, the Subordinate Principal Distribution Amount (11,751.58 ) 30,555.15
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (3,855.33 ) 26,699.82
Class B-3 Certificates, the Subordinate Principal Distribution Amount (10,682.13 ) 16,017.69
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (2,087.93 ) 13,929.76
Class B-4 Certificates, the Subordinate Principal Distribution Amount 0.00   13,929.76
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (13,929.76 ) 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 Page 12 of 18 © Copyright 2023 Citigroup

 


 

Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
    Other Information

 

Principal Percentages    
 
Beginning Senior Percentage 80.632487 %
Beginning Subordinate Percentage 19.367513 %
Senior Prepayment Percentage 80.632487 %
Subordinate Prepayment Percentage 19.367513 %
 
Other Information    
 
Step-Down Test satisfied? Yes  

 

Reports Available at sf.citidirect.com Page 13 of 18 © Copyright 2023 Citigroup

 


 

Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    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
 
No Prepayments to Report.

 

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Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    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: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    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: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
    Material Modifications, Extensions, and Waivers Loan Detail: Part 1

 

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

 

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Distribution Date: 07/25/2023 Sequoia Mortgage Trust
Determination Date: 07/17/2023  
    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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