10/08/2024 | Press release | Distributed by Public on 10/08/2024 12:54
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
STATEMENT TO NOTEHOLDERS |
September 25, 2024 |
TRANSACTION PARTIES | ||
Depositor: | Sequoia Residential Funding, Inc. | |
Trustee: | Christiana Trust | |
Master Servicer: | Wells Fargo Bank, N.A. | |
Karen Schluter | Citibank, Agency and Trust | |
(212) 816-5827 | 388 Greenwich Street Trading, 4th Floor | |
[email protected] | New York, NY 10013 |
TABLE OF CONTENTS | |||
1 | . | Distribution Summary | 2 |
1.1 | . | Summary | 2 |
1.2 | . | Factors | 3 |
1.3 | . | Interest Detail | 4 |
1.4 | . | Interest Shortfall Detail | 5 |
1.5 | . | Principal Detail | 6 |
2 | . | Reconciliation Detail | 7 |
3 | . | Collateral Performance | 8 |
4 | . | Stratification Detail | 9 |
5 | . | Collateral Performance - Delinquency and Loan Status History | 10 |
6 | . | Standard Prepayment and Default Information | 11 |
7 | . | Additional Reporting | 12 |
8 | . | Other Information | 13 |
9 | . | Notes | 14 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 1 of 14 | © Copyright 2024 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-2 | |
DISTRIBUTION SUMMARY |
September 25, 2024 |
Accrual | Other | Non-Cash | |||||||||||
Original | Prior | Pass-Through | Day | Interest | (As Interest) | Principal | Total | Realized Loss | Balance | Current | |||
Class | Balance | Balance | Rate | Count | Distributed | Distributed | Distributed | Distributed | /(Recovery) | Change | Balance | ||
A | 619,163,000.00 | 44,171,777.24 | 1.874000 | % | 30/360 | 68,981.59 | - | 754,771.06 | 823,752.65 | - | - | 43,417,006.18 | |
B-1 | 14,654,000.00 | 1,498,551.94 | 3.638186 | % | 30/360 | 4,543.34 | - | 67,642.36 | 72,185.70 | - | - | 1,430,909.58 | |
B-2 | 12,657,000.00 | 1,294,334.11 | 3.638186 | % | 30/360 | 3,924.19 | - | 58,424.27 | 62,348.46 | - | - | 1,235,909.84 | |
B-3 | 6,661,000.00 | 681,169.26 | 3.638186 | % | 30/360 | 2,065.18 | - | 30,746.94 | 32,812.12 | - | - | 650,422.32 | |
B-4 | 5,662,000.00 | 579,009.23 | 3.638186 | % | 30/360 | 1,755.45 | - | 26,135.60 | 27,891.05 | - | - | 552,873.63 | |
B-5 | 7,328,404.00 | 6,653,745.04 | 3.638186 | % | 30/360 | 20,172.98 | - | - | 20,172.98 | - | - | 6,653,745.04 | |
LT-R | - | - | 0.000000 | % | - | - | - | - | - | - | - | - | |
R | - | - | 0.000000 | % | - | - | - | - | - | - | - | - | |
Total | 666,125,404.00 | 54,878,586.82 | 101,442.73 | - | 937,720.23 | 1,039,162.96 | - | - | 53,940,866.59 | ||||
Notional | |||||||||||||
A-IO1 | 619,163,000.00 | 44,171,777.24 | 0.626000 | % | 30/360 | 23,042.94 | - | - | 23,042.94 | - | (754,771.06 | ) | 43,417,006.18 |
A-IO2 | 619,163,000.00 | 44,171,777.24 | 1.138186 | % | 30/360 | 41,896.41 | - | - | 41,896.41 | - | (754,771.06 | ) | 43,417,006.18 |
Total | 1,238,326,000.00 | 88,343,554.48 | 64,939.35 | - | - | 64,939.35 | - | (1,509,542.12 | ) | 86,834,012.36 | |||
Grand Total | 1,904,451,404.00 | 143,222,141.30 | 166,382.08 | - | 937,720.23 | 1,104,102.31 | - | (1,509,542.12 | ) | 140,774,878.95 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 2 of 14 | © Copyright 2024 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
DISTRIBUTION SUMMARY - FACTORS |
September 25, 2024 |
Other | Non-Cash | |||||||||
Record | Interest | (As Interest) | Principal | Total | Realized Loss | Balance | Current | |||
Class | CUSIP | Date | Distributed | Distributed | Distributed | Distributed | /(Recovery) | Change | Balance | |
A | 81745 | MAA9 | 08/30/2024 | 0.11141103 | - | 1.21901835 | 1.33042939 | - | - | 70.12209415 |
B-1 | 81745 | MAD3 | 08/30/2024 | 0.31004094 | - | 4.61596561 | 4.92600655 | - | - | 97.64634775 |
B-2 | 81745 | MAE1 | 08/30/2024 | 0.31004108 | - | 4.61596508 | 4.92600616 | - | - | 97.64634906 |
B-3 | 81745 | MAF8 | 08/30/2024 | 0.31004053 | - | 4.61596457 | 4.92600510 | - | - | 97.64634740 |
B-4 | 81745 | MAG6 | 08/30/2024 | 0.31004062 | - | 4.61596609 | 4.92600671 | - | - | 97.64634935 |
B-5 | 81745 | MAH4 | 08/30/2024 | 2.75271123 | - | - | 2.75271123 | - | - | 907.93916929 |
LT-R | 81745 | MAK7 | 08/30/2024 | - | - | - | - | - | - | - |
R | 81745 | MAJ0 | 08/30/2024 | - | - | - | - | - | - | - |
A-IO1 | 81745 | MAB7 | 08/30/2024 | 0.03721627 | - | - | 0.03721627 | - | - | 70.12209415 |
A-IO2 | 81745 | MAC5 | 08/30/2024 | 0.06766620 | - | - | 0.06766620 | - | - | 70.12209415 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 3 of 14 | © Copyright 2024 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
DISTRIBUTION INFORMATION - INTEREST DETAIL |
September 25, 2024 |
Rate | Interest | Shortfall | Paid | |||||||||||
Accrual | Net | Non | Carry | |||||||||||
Class | Current | Next | Dates | Accrued | Deferred | Recovered | Forward | Accrued | Carry Forward | Total | ||||
A | 1.87400 | % | 1.87400 | % | 08/01-08/31 | 68,981.59 | - | - | - | 68,981.59 | - | 68,981.59 | ||
B-1 | 3.63819 | % | 3.63859 | % | 08/01-08/31 | 4,543.34 | - | - | - | 4,543.34 | - | 4,543.34 | ||
B-2 | 3.63819 | % | 3.63859 | % | 08/01-08/31 | 3,924.19 | - | - | - | 3,924.19 | - | 3,924.19 | ||
B-3 | 3.63819 | % | 3.63859 | % | 08/01-08/31 | 2,065.18 | - | - | - | 2,065.18 | - | 2,065.18 | ||
B-4 | 3.63819 | % | 3.63859 | % | 08/01-08/31 | 1,755.45 | - | - | - | 1,755.45 | - | 1,755.45 | ||
B-5 | 3.63819 | % | 3.63859 | % | 08/01-08/31 | 20,172.98 | - | - | - | 20,172.98 | - | 20,172.98 | ||
LT-R | 0.00000 | % | 0.00000 | % | 08/01-08/31 | - | - | - | - | - | - | - | ||
R | 0.00000 | % | 0.00000 | % | 08/01-08/31 | - | - | - | - | - | - | - | ||
Total | 101,442.73 | - | - | - | 101,442.73 | - | 101,442.73 | |||||||
Notional | ||||||||||||||
A-IO1 | 0.62600 | % | 0.62600 | % | 08/01-08/31 | 23,042.94 | - | - | - | 23,042.94 | - | 23,042.94 | ||
A-IO2 | 1.13819 | % | 1.13859 | % | 08/01-08/31 | 41,896.41 | - | - | - | 41,896.41 | - | 41,896.41 | ||
Total | 64,939.35 | - | - | - | 64,939.35 | - | 64,939.35 | |||||||
Grand Total | 166,382.08 | - | - | - | 166,382.08 | - | 166,382.08 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 4 of 14 | © Copyright 2024 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
DISTRIBUTION INFORMATION - INTEREST SHORTFALL DETAIL |
September 25, 2024 |
Carry Forward Interest | ||||||
Non-Recov | ||||||
Class | Shortall | Prior | Int. on Prior | New | Paid | Outstanding |
A | - | - | - | - | - | - |
B-1 | - | - | - | - | - | - |
B-2 | - | - | - | - | - | - |
B-3 | - | - | - | - | - | - |
B-4 | - | - | - | - | - | - |
B-5 | - | 263.50 | - | - | - | 263.50 |
LT-R | - | - | - | - | - | - |
R | - | - | - | - | - | - |
Total | - | 263.50 | - | - | - | 263.50 |
Notional | ||||||
A-IO1 | - | - | - | - | - | - |
A-IO2 | - | - | - | - | - | - |
Total | - | - | - | - | - | - |
Grand Total | - | 263.50 | - | - | - | 263.50 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 5 of 14 | © Copyright 2024 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
DISTRIBUTION INFORMATION - PRINCIPAL DETAIL |
September 25, 2024 |
Cumulative |
Non-Cash | ||||||||
Prior | Scheduled | Unscheduled | Principal | Realized Loss | Balance | Current | Realized | |
Class | Balance | Principal | Principal | Distributed | /(Recovery) | Change | Balance | Loss |
A | 44,171,777.24 | 171,366.25 | 583,404.81 | 754,771.06 | - | - | 43,417,006.18 | - |
B-1 | 1,498,551.94 | 15,357.79 | 52,284.57 | 67,642.36 | - | - | 1,430,909.58 | - |
B-2 | 1,294,334.11 | 13,264.88 | 45,159.39 | 58,424.27 | - | - | 1,235,909.84 | - |
B-3 | 681,169.26 | 6,980.91 | 23,766.03 | 30,746.94 | - | - | 650,422.32 | - |
B-4 | 579,009.23 | 5,933.93 | 20,201.67 | 26,135.60 | - | - | 552,873.63 | - |
B-5 | 6,653,745.04 | - | - | - | - | - | 6,653,745.04 | - |
LT-R | - | - | - | - | - | - | - | - |
R | - | - | - | - | - | - | - | - |
Total | 54,878,586.82 | 212,903.76 | 724,816.47 | 937,720.23 | - | - | 53,940,866.59 | - |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 6 of 14 | © Copyright 2024 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-2 | |
RECONCILIATION DETAIL |
September 25, 2024 |
SOURCE OF FUNDS | ALLOCATION OF FUNDS | |||||
Interest Funds Available | Scheduled Fees | |||||
Scheduled Interest | 178,455.37 | Master Servicing Fee | 166.93 | |||
Uncompensated PPIS | 0.00 | Servicing Fee | 11,433.07 | |||
Relief Act Shortfall | 0.00 | Trustee Fee | 38.83 | |||
Losses in Excess of Principal Balance | 0.00 | Securities Administrator Fee | 434.46 | |||
Stop Advance Interest | 0.00 | |||||
Total Scheduled Fees | 12,073.29 | |||||
Other Interest Reductions | 0.00 | |||||
Additional Fees, Expenses, etc. | ||||||
Total Interest Funds Available | 178,455.37 | Trust Fund Expenses | 0.00 | |||
Principal Funds Available | Other Expenses | 0.00 | ||||
Scheduled Principal | 212,903.77 | |||||
Total Additional Fees, Expenses, etc. | - | |||||
Curtailments | 22,403.21 | |||||
Distributions | ||||||
Prepayments in Full | 702,413.25 | |||||
Interest Distribution | 166,382.08 | |||||
Liquidation Principal | 0.00 | |||||
Principal Distribution | 937,720.23 | |||||
Repurchased Principal | 0.00 | |||||
Other Principal | 0.00 | Total Distributions | 1,104,102.31 | |||
Substitution Principal | 0.00 | |||||
Principal Losses and Forgiveness | 0.00 | |||||
Subsequent Recoveries / (Losses) | 0.00 | |||||
Total Principal Funds Available | 937,720.23 | |||||
Total Funds Available | 1,116,175.60 | Total Funds Allocated | 1,116,175.60 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 7 of 14 | © Copyright 2024 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
COLLATERAL PERFORMANCE - POOL AND COLLECTIONS SUMMARY |
September 25, 2024 |
Deal | Initial | Beginning | Ending | Initial | Beginning | Ending | ||||
Count | 777 | 104 | 103 | Remaining Term | 357 | 217 | 216 | |||
Scheduled | 666,125,404.69 | 54,878,586.92 | 53,940,866.69 | Gross Rate | 3.94653 | % | 3.90218 | % | 3.90259 | % |
Actual | 666,125,404.69 | 55,113,624.11 | 54,181,235.54 | Net Rate | 3.68253 | % | 3.63818 | % | 3.63859 | % |
Interest Bearing | 666,125,404.69 | 54,878,586.92 | 53,940,866.69 | |||||||
Principal Collections | Realized Losses | Interest Collections | ||||||||
Scheduled Principal | 212,903.77 | Principal Losses and | Scheduled Interest | 178,455.37 | ||||||
- | ||||||||||
Forgiveness | ||||||||||
Curtailments | 22,403.21 | Less: | - | |||||||
Losses in Excess of Principal | ||||||||||
Curtailments Adjustments | - | - | Master Servicing Fee | 166.93 | ||||||
Balance | ||||||||||
Prepayments in Full | 702,413.25 | Subsequent (Recoveries) / | Servicing Fee | 11,433.07 | ||||||
- | ||||||||||
Losses | ||||||||||
Liquidation Principal | - | Trustee Fee | 38.83 | |||||||
Cumulative Realized Losses | - | |||||||||
Repurchased Principal | - | Securities Administrator Fee | 434.46 | |||||||
Other Principal | - | Uncompensated PPIS | - | |||||||
Substitution Principal | - | Relief Act Shortfall | - | |||||||
Principal Losses and Forgiveness | - | Other Expenses | - | |||||||
Subsequent Recoveries / (Losses) | - | Losses in Excess of Principal Balance | - | |||||||
Stop Advance Interest | - | |||||||||
Other Interest Reductions | - |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 8 of 14 | © Copyright 2024 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-2 | |
STRATIFICATION DETAIL |
September 25, 2024 |
Loan Rate | |||||
Asset | Ending Scheduled | % of | |||
Loan Rate Range | Count | Balance | Agg.Bal. | WAC | WAM |
3.00 or Less | 0 | 0.00 | 0.00 | 0.0000 | 0 |
3.01 to 3.50 | 10 | 4,550,442.49 | 8.44 | 3.4368 | 210 |
3.51 to 4.00 | 62 | 34,992,987.60 | 64.87 | 3.8341 | 216 |
4.01 to 4.50 | 27 | 13,127,218.83 | 24.34 | 4.1772 | 214 |
4.51 to 5.00 | 4 | 1,270,217.77 | 2.35 | 4.6185 | 214 |
5.01 to 5.50 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
5.51 to 6.00 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
6.01 to 6.50 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
6.51 to 7.00 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
7.01 to 7.50 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
7.51 to 8.00 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
8.01 or Greater | 0 | 0.00 | 0.00 | 0.0000 | 0 |
Total | 103 | 53,940,866.69 | 100.00 | 3.9026 | 215 |
Ending Schedule Balance | |||||
Ending Schedule Balance | Asset | Ending Scheduled | % of | ||
Range | Count | Balance | Agg.Bal. | WAC | WAM |
1 to 200,000 | 16 | 2,408,156.19 | 4.46 | 3.9581 | 178 |
200,001 to 400,000 | 17 | 5,121,047.84 | 9.49 | 4.0306 | 216 |
400,001 to 600,000 | 33 | 15,951,879.28 | 29.57 | 3.9052 | 217 |
600,001 to 800,000 | 20 | 14,119,607.34 | 26.18 | 3.8804 | 217 |
800,001 to 1,000,000 | 13 | 11,353,933.05 | 21.05 | 3.8889 | 217 |
1,000,001 to 1,200,000 | 1 | 1,074,041.39 | 1.99 | 3.8000 | 218 |
1,200,001 to 1,400,000 | 3 | 3,912,201.60 | 7.25 | 3.8382 | 215 |
1,400,001 to 1,600,000 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
1,600,001 to 1,800,000 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
1,800,001 to 2,000,000 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
2,000,001 or Greater | 0 | 0.00 | 0.00 | 0.0000 | 0 |
Total | 103 | 53,940,866.69 | 100.00 | 3.9026 | 215 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 9 of 14 | © Copyright 2024 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
COLLATERAL PERFORMANCE - DELINQUENCY AND LOAN STATUS HISTORY |
September 25, 2024 |
Delinquent | ||||||||||||||||||||||||||||||||||||
(Does not include loans in Bankruptcy, Foreclosure, or REO) | ||||||||||||||||||||||||||||||||||||
30 | Day | 60 | Day | 90 | Day | 120 | Day | 150 | Day | 180 | + Day | Bankruptcy | Foreclosure | REO | ||||||||||||||||||||||
Distribution | ||||||||||||||||||||||||||||||||||||
Date | Count | Balance | Count | Balance | Count Balance | Count | Balance | Count | Balance | Count | Balance | Count | Balance | Count | Balance | Count | Balance | |||||||||||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 801,099 | 0 | 0 | 0 | 0 | |||||||||||||||||||
09/25/2024 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 1.0 | % | 1.5 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | |
1 | 480,626 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 803,463 | 0 | 0 | 0 | 0 | |||||||||||||||||||
08/26/2024 | ||||||||||||||||||||||||||||||||||||
1.0 | % | 0.9 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 1.0 | % | 1.5 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 805,819 | 0 | 0 | 0 | 0 | |||||||||||||||||||
07/25/2024 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 1.0 | % | 1.5 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 808,165 | 0 | 0 | 0 | 0 | |||||||||||||||||||
06/25/2024 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 1.0 | % | 1.5 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 810,502 | 0 | 0 | 0 | 0 | |||||||||||||||||||
05/28/2024 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.9 | % | 1.4 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | |
1 | 472,726 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 812,831 | 0 | 0 | 0 | 0 | |||||||||||||||||||
04/25/2024 | ||||||||||||||||||||||||||||||||||||
0.9 | % | 0.8 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.9 | % | 1.4 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | |
1 | 474,137 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 815,150 | 0 | 0 | 0 | 0 | |||||||||||||||||||
03/25/2024 | ||||||||||||||||||||||||||||||||||||
0.9 | % | 0.8 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.9 | % | 1.4 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 817,461 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
02/26/2024 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.9 | % | 1.4 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | |
1 | 476,943 | 0 | 0 | 0 | 0 | 1 | 819,763 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
01/25/2024 | ||||||||||||||||||||||||||||||||||||
0.9 | % | 0.8 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.9 | % | 1.4 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | |
1 | 478,338 | 0 | 0 | 1 | 822,056 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
12/26/2023 | ||||||||||||||||||||||||||||||||||||
0.9 | % | 0.8 | % | 0.0 | % | 0.0 | % | 0.9 | % | 1.4 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | |
0 | 0 | 1 | 824,161 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
11/27/2023 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 0.9 | % | 1.4 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | |
1 | 498,470 | 1 | 826,437 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
10/25/2023 | ||||||||||||||||||||||||||||||||||||
0.9 | % | 0.8 | % | 0.9 | % | 1.4 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 10 of 14 | © Copyright 2024 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-2 |
STANDARD PREPAYMENT AND DEFAULT INFORMATION |
September 25, 2024 |
Wtd. Avg. | Current | ||||||||||||||||
Payment | Age | Collateral | Scheduled | Unscheduled | Liquidation | ||||||||||||
Date | (Months) | Balance | Principal | Principal | Principal | SMM | CPR | PSA | MDR | CDR | SDA | ||||||
25-Sep-2024 | 142.83 | 53,940,866.69 | 212,903.77 | 724,816.46 | - | 1.326 | % | 14.800 | % | 247 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Aug-2024 | 141.83 | 54,878,586.92 | 214,133.75 | 27,997.59 | - | 0.051 | % | 0.610 | % | 10 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jul-2024 | 140.83 | 55,120,718.26 | 213,365.87 | 23,738.56 | - | 0.043 | % | 0.515 | % | 9 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jun-2024 | 139.83 | 55,357,822.69 | 219,550.53 | 1,831,415.19 | - | 3.202 | % | 32.333 | % | 539 | % | 0.000 | % | 0.000 | % | 0 | % |
28-May-2024 | 138.83 | 57,408,788.41 | 220,883.49 | 27,985.22 | - | 0.049 | % | 0.583 | % | 10 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Apr-2024 | 137.81 | 57,657,657.12 | 221,715.03 | 711,528.84 | - | 1.219 | % | 13.686 | % | 228 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Mar-2024 | 136.78 | 58,590,900.99 | 224,351.49 | 1,147,521.14 | - | 1.921 | % | 20.765 | % | 346 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Feb-2024 | 135.78 | 59,962,773.62 | 223,541.86 | 26,071.33 | - | 0.043 | % | 0.520 | % | 9 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jan-2024 | 134.78 | 60,212,386.81 | 222,739.68 | 24,433.79 | - | 0.041 | % | 0.486 | % | 8 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Dec-2023 | 133.78 | 60,459,560.28 | 221,932.30 | 27,022.73 | - | 0.045 | % | 0.535 | % | 9 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Nov-2023 | 132.78 | 60,708,515.31 | 221,133.33 | 25,242.34 | - | 0.042 | % | 0.498 | % | 8 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Oct-2023 | 131.78 | 60,954,890.98 | 220,339.14 | 24,499.57 | - | 0.040 | % | 0.481 | % | 8 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Sep-2023 | 130.78 | 61,199,729.69 | 219,507.50 | 36,683.59 | - | 0.060 | % | 0.716 | % | 12 | % | 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 | v. 21.09.28 | Page 11 of 14 | © Copyright 2024 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-2 | |
ADDITIONAL REPORTING |
September 25, 2024 |
Amount Remaining Funds |
1,104,102.31 |
Waterfall Detail | ||
Available Distribution Amount | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -133,920.94 | 970,181.37 |
Senior Certificates, the Senior Principal Distribution Amount | -754,771.06 | 215,410.31 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -4,543.34 | 210,866.97 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | -67,642.36 | 143,224.61 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,924.19 | 139,300.42 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | -58,424.27 | 80,876.15 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -2,065.18 | 78,810.97 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | -30,746.94 | 48,064.03 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -1,755.45 | 46,308.58 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | -26,135.60 | 20,172.98 |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -20,172.98 | 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 | v. 21.09.28 | Page 12 of 14 | © Copyright 2024 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-2 | |
OTHER INFORMATION |
September 25, 2024 |
Principal Percentages | ||
Senior Percentage | 80.490005 | % |
Subordinate Percentage | 19.509995 | % |
Senior Prepayment Percentage | 80.490005 | % |
Subordinate Prepayment Percentage | 19.509995 | % |
Other Information | ||
Step-Down Test satisfied? | Y |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 13 of 14 | © Copyright 2024 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-2 | |
NOTES | |
No Notes available for this deal at this time. |
September 25, 2024 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 14 of 14 | © Copyright 2024 Citigroup |