EX-99.1 4 ex99_1.htm certstmtsemt13082003.htm - Generated by SEC Publisher for SEC Filing
Distribution Date: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    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: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    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   167,648,500.02   3.000000 % 30 / 360   02/01 - 02/29   419,121.25   1,467,512.32     1,886,633.57   0.00   0.00     166,180,987.70
A-2   23,528,000.00   4,267,776.36   2.250000 % 30 / 360   02/01 - 02/29   8,002.08   124,893.08     132,895.16   0.00   0.00     4,142,883.28
A-3   10,000,000.00   10,000,000.00   3.000000 % 30 / 360   02/01 - 02/29   25,000.00   0.00     25,000.00   0.00   0.00     10,000,000.00
B-1   9,663,000.00   7,409,868.98   3.517944 % 30 / 360   02/01 - 02/29   21,722.92   44,032.95     65,755.87   0.00   0.00     7,365,836.03
B-2   7,593,000.00   5,822,532.91   3.517944 % 30 / 360   02/01 - 02/29   17,069.45   34,600.25     51,669.70   0.00   0.00     5,787,932.66
B-3   6,902,000.00   5,292,654.03   3.517944 % 30 / 360   02/01 - 02/29   15,516.05   31,451.46     46,967.51   0.00   0.00     5,261,202.57
B-4   3,681,000.00   2,822,697.67   3.517944 % 30 / 360   02/01 - 02/29   8,275.08   16,773.81     25,048.89   0.00   0.00     2,805,923.86
B-5   4,832,464.00   4,832,464.00   3.517944 % 30 / 360   02/01 - 02/29   14,166.95   0.00     14,166.95   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   208,096,493.97               528,873.78   1,719,263.87     2,248,137.65   0.00   0.00     206,377,230.10

 

Notional Classes                        
A-IO1 23,528,000.00 4,267,776.36 0.750000 % 30 / 360 02/01 - 02/29 2,667.36 0.00 2,667.36 0.00 0.00 4,142,883.28
A-IO2 427,487,000.00 181,916,276.39 0.517944 % 30 / 360 02/01 - 02/29 78,518.69 0.00 78,518.69 0.00 0.00 180,323,870.98
Totals 451,015,000.00 186,184,052.75         81,186.05 0.00 81,186.05 0.00 0.00 184,466,754.26

 

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Distribution Date: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    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 2/28/2020 425.548090 1.063870 3.725038 4.788908 0.000000 0.000000 421.823052
A-2 81745 EAK5 2/28/2020 181.391379 0.340109 5.308274 5.648383 0.000000 0.000000 176.083104
A-3 81745 EAL3 2/28/2020 1,000.000000 2.500000 0.000000 2.500000 0.000000 0.000000 1,000.000000
B-1 81745 EAC3 2/28/2020 766.829037 2.248051 4.556861 6.804913 0.000000 0.000000 762.272175
B-2 81745 EAD1 2/28/2020 766.829041 2.248051 4.556862 6.804912 0.000000 0.000000 762.272180
B-3 81745 EAE9 2/28/2020 766.829039 2.248051 4.556862 6.804913 0.000000 0.000000 762.272178
B-4 81745 EAF6 2/28/2020 766.829033 2.248052 4.556862 6.804914 0.000000 0.000000 762.272171
B-5 81745 EAG4 2/28/2020 1,000.000000 2.931620 0.000000 2.931620 0.000000 0.000000 1,000.000000
R 81745 EAH2 2/28/2020 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
LT-R 81745 EAJ8 2/28/2020 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-IO1 81745 EAB5 2/28/2020 181.391379 0.113370 0.000000 0.113370 0.000000 0.000000 176.083104
A-IO2 81745 VAA9 2/28/2020 425.548090 0.183675 0.000000 0.183675 0.000000 0.000000 421.823052

 

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Distribution Date: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    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   167,648,500.02   3.000000 % 3.000000 % 30 / 360   419,121.25   0.00   0.00   0.00     419,121.25 0.00   419,121.25     0.00
A-2   4,267,776.36   2.250000 % 2.250000 % 30 / 360   8,002.08   0.00   0.00   0.00     8,002.08 0.00   8,002.08     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   7,409,868.98   3.517944 % 3.518200 % 30 / 360   21,722.92   0.00   0.00   0.00     21,722.92 0.00   21,722.92     0.00
B-2   5,822,532.91   3.517944 % 3.518200 % 30 / 360   17,069.45   0.00   0.00   0.00     17,069.45 0.00   17,069.45     0.00
B-3   5,292,654.03   3.517944 % 3.518200 % 30 / 360   15,516.05   0.00   0.00   0.00     15,516.05 0.00   15,516.05     0.00
B-4   2,822,697.67   3.517944 % 3.518200 % 30 / 360   8,275.08   0.00   0.00   0.00     8,275.08 0.00   8,275.08     0.00
B-5   4,832,464.00   3.517944 % 3.518200 % 30 / 360   14,166.95   0.00   0.00   0.00     14,166.95 0.00   14,166.95     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   208,096,493.97               528,873.78   0.00   0.00   0.00     528,873.78 0.00   528,873.78     0.00

 

Notional Classes                            
A-IO1 4,267,776.36 0.750000 % 0.750000 % 30 / 360 2,667.36 0.00 0.00 0.00 2,667.36 0.00 2,667.36 0.00
A-IO2 181,916,276.39 0.517944 % 0.518200 % 30 / 360 78,518.69 0.00 0.00 0.00 78,518.69 0.00 78,518.69 0.00
Totals 186,184,052.75           81,186.05 0.00 0.00 0.00 81,186.05 0.00 81,186.05 0.00

 

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Distribution Date: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    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   167,648,500.02   430,532.80   1,036,979.53   0.00   0.00   0.00     166,180,987.70   0.00   85.61 % 80.52 % 7.10 % 12.62 %
A-2   23,528,000.00   4,267,776.36   36,640.62   88,252.46   0.00   0.00   0.00     4,142,883.28   0.00   5.11 % 2.01 % 7.10 % 12.62 %
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 % 4.85 % 7.10 % 12.62 %
B-1   9,663,000.00   7,409,868.98   23,336.63   20,696.32   0.00   0.00   0.00     7,365,836.03   0.00   2.10 % 3.57 % 5.00 % 9.06 %
B-2   7,593,000.00   5,822,532.91   18,337.48   16,262.77   0.00   0.00   0.00     5,787,932.66   0.00   1.65 % 2.80 % 3.35 % 6.25 %
B-3   6,902,000.00   5,292,654.03   16,668.68   14,782.78   0.00   0.00   0.00     5,261,202.57   0.00   1.50 % 2.55 % 1.85 % 3.70 %
B-4   3,681,000.00   2,822,697.67   8,889.80   7,884.01   0.00   0.00   0.00     2,805,923.86   0.00   0.80 % 1.36 % 1.05 % 2.34 %
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 % 2.34 % 0.00 % 0.00 %
Totals   460,158,464.00   208,096,493.97   534,406.01   1,184,857.87   0.00   0.00   0.00     206,377,230.10   0.00   100 % 100 %        

 

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Distribution Date: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
    Reconciliation Detail

 

SOURCE OF FUNDS
 
Interest Funds Available      
Scheduled Interest   656,881.60  
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:     656,881.60
Principal Funds Available      
Scheduled Principal   534,406.01  
Curtailments   177,718.22  
Curtailments Adjustments   566.75  
Prepayments in Full   1,006,572.88  
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:     1,719,263.86
Total Funds Available     2,376,145.46

 

ALLOCATION OF FUNDS
 
Scheduled Fees    
Servicing Fee 43,353.43  
Trustee Fee 208.12  
Securities Adminstrator Fee 3,260.22  
Total Scheduled Fees:   46,821.77
Additional Fees, Expenses, etc.    
Trust Fund Expenses 0.00  
Other Expenses 0.00  
Total Additional Fees, Expenses, etc.:   0.00
Distributions    
Interest Distribution 610,059.83  
Principal Distribution 1,719,263.86  
Total Distributions:   2,329,323.69
Total Funds Allocated   2,376,145.46

 

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Distribution Date: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    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   208,096,494.02   206,377,230.16   44.85 %
Aggregate Actual Principal Balance 460,158,464.20   208,426,115.37   206,715,038.29   44.92 %
Loan Count 603   331   329   274  
Weighted Average Coupon Rate (WAC) 3.834553 % 3.787944 % 3.788200 % -0.046352 %
Net Weighted Average Coupon Rate (Net WAC) 3.564553 % 3.517944 % 3.518200 % -0.046352 %
Weighted Average Remaining Term (WART in months) 357   276   275   82  

 

AVAILABLE PRINCIPAL
 
Scheduled Principal 534,406.01
Curtailments 177,718.22
Curtailments Adjustments 566.75
Prepayments in Full 1,006,572.88
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 1,719,263.86
 
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 656,881.60
 
Less: Servicing Fee 43,353.43
  Trustee Fee 208.12
  Securities Adminstrator Fee 3,260.22
  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 610,059.83

 

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Distribution Date: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    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   2 978,025.42 0.47 3.0000 99
3.01 to 3.15   1 258,884.44 0.13 3.1250 93
3.16 to 3.30   2 1,568,464.58 0.76 3.2500 233
3.31 to 3.45   7 4,995,479.96 2.42 3.3750 277
3.46 to 3.60   17 13,967,397.31 6.77 3.5023 268
3.61 to 3.75   138 85,343,704.45 41.35 3.7097 278
3.76 to 3.90   103 64,236,165.05 31.13 3.8750 278
3.91 to 4.05   46 27,425,956.11 13.29 4.0000 276
4.06 to 4.20   7 4,167,207.98 2.02 4.1250 278
4.21 to 4.35   4 2,489,141.81 1.21 4.2500 277
4.36 to 4.50   2 946,803.05 0.46 4.4292 278
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 329 206,377,230.16 100.00 3.7882 275

 

Ending Scheduled Balance
 
Ending Sched # of Ending Sched % of Agg    
Balance Loans Balance Balance WAC WART
 
1 to 150,000 2 144,304.49 0.07 3.7409 278
150,001 to 300,000 8 1,980,092.73 0.96 3.7941 254
300,001 to 450,000 44 17,675,880.72 8.56 3.8066 268
450,001 to 600,000 110 58,563,139.23 28.38 3.8111 275
600,001 to 750,000 92 60,362,540.03 29.25 3.8152 276
750,001 to 900,000 46 37,846,049.29 18.34 3.7626 277
900,001 to 1,050,000 15 14,497,336.68 7.02 3.7011 278
1,050,001 to 1,200,000 5 5,700,466.71 2.76 3.7438 278
1,200,001 to 1,350,000 4 5,070,755.75 2.46 3.7830 278
1,350,001 to 1,500,000 2 2,861,599.41 1.39 3.6807 277
1,500,001 to 1,650,000 0 0.00 0.00 0.0000 0
1,650,001 to 1,800,000 1 1,675,065.12 0.81 3.5000 277
Totals 329 206,377,230.16 100.00 3.7882 275

 

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Distribution Date: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    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 %
30-59 623,989.37   1   30-59 0.00   0   30-59 0.00   0   30-59 0.00   0   30-59 623,989.37   1  
  0.302354 % 0.3 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.302354 % 0.3 %
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 623,989.37   1   Total 0.00   0   Total 0.00   0   Total 0.00   0   Total 623,989.37   1  
  0.302354 % 0.3 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.000000 % 0.0 %   0.302354 % 0.3 %

 

Principal and Interest Advances 812,697.00

 

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Distribution Date: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    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  
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 %
11/2019 629,634   1   0   0   0   0   0   0   0   0   0   0   629,634   1  
  0.282 % 0.3 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.282 % 0.3 %
10/2019 1,064,632   2   0   0   0   0   0   0   0   0   0   0   1,064,632   2  
  0.469 % 0.6 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.469 % 0.6 %
09/2019 1,066,984   2   0   0   0   0   0   0   0   0   0   0   1,066,984   2  
  0.461 % 0.6 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.461 % 0.6 %
08/2019 1,137,448   2   0   0   0   0   0   0   0   0   0   0   1,137,448   2  
  0.488 % 0.6 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.488 % 0.6 %
07/2019 1,071,668   2   0   0   0   0   0   0   0   0   0   0   1,071,668   2  
  0.455 % 0.6 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.455 % 0.6 %
06/2019 588,508   1   0   0   0   0   0   0   0   0   0   0   588,508   1  
  0.248 % 0.3 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.248 % 0.3 %
05/2019 438,357   1   0   0   0   0   0   0   0   0   0   0   438,357   1  
  0.183 % 0.3 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.183 % 0.3 %
04/2019 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 %

 


Reports Available at sf.citidirect.com Page 10 of 18 © Copyright 2020 Citigroup

 


 

Distribution Date: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    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-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 %
25-Nov-2019 78.44 223,282,602.09 562,415.44 3,394,805.25 0.00 1.498 % 16.563 % 276 % 0.000 % 0.000 % 0 %
25-Oct-2019 77.45 227,239,822.78 565,596.01 3,861,014.39 0.00 1.671 % 18.305 % 305 % 0.000 % 0.000 % 0 %
25-Sep-2019 76.45 231,666,433.18 565,199.61 1,051,532.12 0.00 0.452 % 5.289 % 88 % 0.000 % 0.000 % 0 %
26-Aug-2019 75.44 233,283,164.91 564,432.62 1,883,399.73 0.00 0.801 % 9.198 % 153 % 0.000 % 0.000 % 0 %
25-Jul-2019 74.44 235,730,997.26 564,915.52 1,406,102.19 0.00 0.593 % 6.888 % 115 % 0.000 % 0.000 % 0 %
25-Jun-2019 73.44 237,702,014.97 564,652.47 1,160,222.42 0.00 0.486 % 5.676 % 95 % 0.000 % 0.000 % 0 %
28-May-2019 72.44 239,426,889.86 571,569.29 3,625,241.25 0.00 1.492 % 16.501 % 275 % 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: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
    Waterfall Detail

 

      Remaining
DISTRIBUTIONS Amount   Available
  Distributed   Funds
 
 
 
Available Distribution Amount     2,329,323.69
 
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (533,309.38 ) 1,796,014.31
Senior Certificates, the Senior Principal Distribution Amount (1,592,405.40 ) 203,608.91
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (21,722.92 ) 181,885.99
Class B-1 Certificates, the Subordinate Principal Distribution Amount (44,032.95 ) 137,853.04
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (17,069.45 ) 120,783.59
Class B-2 Certificates, the Subordinate Principal Distribution Amount (34,600.25 ) 86,183.34
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (15,516.05 ) 70,667.29
Class B-3 Certificates, the Subordinate Principal Distribution Amount (31,451.46 ) 39,215.84
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (8,275.08 ) 30,940.76
Class B-4 Certificates, the Subordinate Principal Distribution Amount (16,773.81 ) 14,166.95
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls (14,166.95 ) 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: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
    Other Information

 

Principal Percentages    
 
Beginning Senior Percentage 87.419193 %
Beginning Subordinate Percentage 12.580807 %
Senior Prepayment Percentage 94.967677 %
Subordinate Prepayment Percentage 5.032323 %
 
Other Information    
 
Step-Down Test satisfied? Yes  

 

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Distribution Date: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    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
 
0000001010011246 02/21/2020 Voluntary Prepayment 750,000.00 547,119.30 547,119.30 0.00 0.00 3.62500 % Not Provided 360 CA
 
0000010000006860 03/02/2020 Voluntary Prepayment 552,000.00 462,323.99 462,323.99 0.00 0.00 3.87500 % Not Provided 360 IL
 
Count: 2   TOTALS: 1,302,000.00 1,009,443.29 1,009,443.29 0.00 0.00 3.739500 % Not Provided 360  

 

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Distribution Date: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    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: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    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: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    Mortgage Pass-Through Certificates
    Series 2013-8
 
 
    Material Modifications, Extensions, and Waivers Loan Detail: Part 1

 

        Current Current        
Effective     Scheduled 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: 03/25/2020 Sequoia Mortgage Trust
Determination Date: 03/16/2020  
    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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