10/08/2024 | Press release | Distributed by Public on 10/08/2024 13:11
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-7 |
STATEMENT TO NOTEHOLDERS |
September 25, 2024 |
TRANSACTION PARTIES | ||
Depositor: | Sequoia Residential Funding, Inc. | |
Trustee: | Wilmington Trust Company | |
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 2013-7 | |
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-1 | 125,000,000.00 | 12,794,543.58 | 2.500000 | % | 30/360 | 26,655.30 | - | 107,589.95 | 134,245.25 | - | - | 12,686,953.63 | |
A-2 | 298,878,000.00 | 30,592,060.82 | 3.000000 | % | 30/360 | 76,480.15 | - | 257,250.15 | 333,730.30 | - | - | 30,334,810.67 | |
B-1 | 8,165,000.00 | 1,303,297.26 | 3.505636 | % | 30/360 | 3,807.40 | - | 26,883.53 | 30,690.93 | - | - | 1,276,413.73 | |
B-2 | 7,711,000.00 | 1,230,829.79 | 3.505636 | % | 30/360 | 3,595.70 | - | 25,388.72 | 28,984.42 | - | - | 1,205,441.07 | |
B-3 | 6,577,000.00 | 1,049,820.72 | 3.505636 | % | 30/360 | 3,066.91 | - | 21,654.99 | 24,721.90 | - | - | 1,028,165.73 | |
B-4 | 2,494,000.00 | 443,788.16 | 3.505636 | % | 30/360 | 1,296.47 | - | - | 1,296.47 | - | - | 443,788.16 | |
B-5 | 4,763,656.00 | 4,763,656.00 | 3.505636 | % | 30/360 | 13,916.38 | - | - | 13,916.38 | - | - | 4,763,656.00 | |
LT-R | - | - | 0.000000 | % | 30/360 | - | - | - | - | - | - | - | |
R | - | - | 0.000000 | % | 30/360 | - | - | - | - | - | - | - | |
Total | 453,588,656.00 | 52,177,996.33 | 128,818.31 | - | 438,767.34 | 567,585.65 | - | - | 51,739,228.99 | ||||
Notional | |||||||||||||
A-IO1 | 125,000,000.00 | 12,794,543.58 | 0.500000 | % | 30/360 | 5,331.06 | - | - | 5,331.06 | - | (107,589.95 | ) | 12,686,953.63 |
A-IO2 | 423,878,000.00 | 43,386,604.40 | 0.505636 | % | 30/360 | 18,281.52 | - | - | 18,281.52 | - | (364,840.10 | ) | 43,021,764.30 |
Total | 548,878,000.00 | 56,181,147.98 | 23,612.58 | - | - | 23,612.58 | - | (472,430.05 | ) | 55,708,717.93 | |||
Grand Total | 1,002,466,656.00 | 108,359,144.31 | 152,430.89 | - | 438,767.34 | 591,198.23 | - | (472,430.05 | ) | 107,447,946.92 |
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 2013-7 |
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-1 | 81745 | CAA1 | 08/30/2024 | 0.21324240 | - | 0.86071960 | 1.07396200 | - | - | 101.49562904 |
A-2 | 81745 | CAB9 | 08/30/2024 | 0.25589087 | - | 0.86071959 | 1.11661046 | - | - | 101.49562922 |
A-IO1 | 81745 | CAC7 | 08/30/2024 | 0.04264848 | - | - | 0.04264848 | - | - | 101.49562904 |
A-IO2 | 81745 | CAD5 | 08/30/2024 | 0.04312920 | - | - | 0.04312920 | - | - | 101.49562917 |
B-1 | 81745 | CAM5 | 08/30/2024 | 0.46630741 | - | 3.29253276 | 3.75884017 | - | - | 156.32746234 |
B-2 | 81745 | CAN3 | 08/30/2024 | 0.46630787 | - | 3.29253275 | 3.75884062 | - | - | 156.32746336 |
B-3 | 81745 | CAG8 | 08/30/2024 | 0.46630835 | - | 3.29253307 | 3.75884142 | - | - | 156.32746389 |
B-4 | 81745 | CAH6 | 08/30/2024 | 0.51983561 | - | - | 0.51983561 | - | - | 177.94232558 |
B-5 | 81745 | CAJ2 | 08/30/2024 | 2.92136544 | - | - | 2.92136544 | - | - | 1,000.00000000 |
LT-R | 81745 | CAL7 | 08/30/2024 | - | - | - | - | - | - | - |
R | 81745 | CAK9 | 08/30/2024 | - | - | - | - | - | - | - |
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 2013-7 |
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 | 2.50000 | % | 2.50000 | % | 08/26-09/24 | 26,655.30 | - | - | - | 26,655.30 | - | 26,655.30 | ||
A-2 | 3.00000 | % | 3.00000 | % | 08/26-09/24 | 76,480.15 | - | - | - | 76,480.15 | - | 76,480.15 | ||
B-1 | 3.50564 | % | 3.50452 | % | 08/26-09/24 | 3,807.40 | - | - | - | 3,807.40 | - | 3,807.40 | ||
B-2 | 3.50564 | % | 3.50452 | % | 08/26-09/24 | 3,595.70 | - | - | - | 3,595.70 | - | 3,595.70 | ||
B-3 | 3.50564 | % | 3.50452 | % | 08/26-09/24 | 3,066.91 | - | - | - | 3,066.91 | - | 3,066.91 | ||
B-4 | 3.50564 | % | 3.50452 | % | 08/26-09/24 | 1,296.47 | - | - | - | 1,296.47 | - | 1,296.47 | ||
B-5 | 3.50564 | % | 3.50452 | % | 08/26-09/24 | 13,916.38 | - | - | - | 13,916.38 | - | 13,916.38 | ||
LT-R | 0.00000 | % | 0.00000 | % | 08/26-09/24 | - | - | - | - | - | - | - | ||
R | 0.00000 | % | 0.00000 | % | 08/26-09/24 | - | - | - | - | - | - | - | ||
Total | 128,818.31 | - | - | - | 128,818.31 | - | 128,818.31 | |||||||
Notional | ||||||||||||||
A-IO1 | 0.50000 | % | 0.50000 | % | 08/26-09/24 | 5,331.06 | - | - | - | 5,331.06 | - | 5,331.06 | ||
A-IO2 | 0.50564 | % | 0.50452 | % | 08/26-09/24 | 18,281.52 | - | - | - | 18,281.52 | - | 18,281.52 | ||
Total | 23,612.58 | - | - | - | 23,612.58 | - | 23,612.58 | |||||||
Grand Total | 152,430.89 | - | - | - | 152,430.89 | - | 152,430.89 |
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 2013-7 |
DISTRIBUTION INFORMATION - INTEREST SHORTFALL DETAIL |
September 25, 2024 |
Carry Forward Interest | ||||||
Non-Recov | ||||||
Class | Shortall | Prior | Int. on Prior | New | Paid | Outstanding |
A-1 | - | - | - | - | - | - |
A-2 | - | - | - | - | - | - |
B-1 | - | - | - | - | - | - |
B-2 | - | - | - | - | - | - |
B-3 | - | - | - | - | - | - |
B-4 | - | - | - | - | - | - |
B-5 | - | 276.76 | - | - | - | 276.76 |
LT-R | - | - | - | - | - | - |
R | - | - | - | - | - | - |
Total | - | 276.76 | - | - | - | 276.76 |
Notional | ||||||
A-IO1 | - | - | - | - | - | - |
A-IO2 | - | - | - | - | - | - |
Total | - | - | - | - | - | - |
Grand Total | - | 276.76 | - | - | - | 276.76 |
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 2013-7 |
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-1 | 12,794,543.58 | 42,714.90 | 64,875.05 | 107,589.95 | - | - | 12,686,953.63 | - |
A-2 | 30,592,060.82 | 102,132.34 | 155,117.81 | 257,250.15 | - | - | 30,334,810.67 | - |
B-1 | 1,303,297.26 | 10,673.19 | 16,210.34 | 26,883.53 | - | - | 1,276,413.73 | - |
B-2 | 1,230,829.79 | 10,079.72 | 15,309.00 | 25,388.72 | - | - | 1,205,441.07 | - |
B-3 | 1,049,820.72 | 8,597.37 | 13,057.62 | 21,654.99 | - | - | 1,028,165.73 | - |
B-4 | 443,788.16 | - | - | - | - | - | 443,788.16 | - |
B-5 | 4,763,656.00 | - | - | - | - | - | 4,763,656.00 | - |
LT-R | - | - | - | - | - | - | - | - |
R | - | - | - | - | - | - | - | - |
Total | 52,177,996.33 | 174,197.52 | 264,569.82 | 438,767.34 | - | - | 51,739,228.99 | - |
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 2013-7 | |
RECONCILIATION DETAIL |
September 25, 2024 |
SOURCE OF FUNDS | ALLOCATION OF FUNDS | |||||
Interest Funds Available | Scheduled Fees | |||||
Scheduled Interest | 164,170.96 | Master Servicing Fee | 226.11 | |||
Uncompensated PPIS | 0.00 | Servicing Fee | 10,870.41 | |||
Relief Act Shortfall | 0.00 | Trustee Fee | 52.21 | |||
Losses in Excess of Principal Balance | 0.00 | Securities Administrator Fee | 591.35 | |||
Stop Advance Interest | 0.00 | |||||
Total Scheduled Fees | 11,740.08 | |||||
Other Interest Reductions | 0.00 | |||||
Additional Fees, Expenses, etc. | ||||||
Total Interest Funds Available | 164,170.96 | Trust Fund Expenses | 0.00 | |||
Principal Funds Available | Other Expenses | 0.00 | ||||
Scheduled Principal | 174,197.52 | |||||
Total Additional Fees, Expenses, etc. | - | |||||
Curtailments | 7,975.27 | |||||
Distributions | ||||||
Curtailments Adjustments | 0.00 | |||||
Interest Distribution | 152,430.89 | |||||
Prepayments in Full | 256,594.56 | |||||
Principal Distribution | 438,767.34 | |||||
Liquidation Principal | 0.00 | |||||
Repurchased Principal | 0.00 | Total Distributions | 591,198.23 | |||
Other Principal | 0.00 | |||||
Substitution Principal | 0.00 | |||||
Principal Losses and Forgiveness | 0.00 | |||||
Subsequent Recoveries / (Losses) | 0.00 | |||||
Total Principal Funds Available | 438,767.35 | |||||
Total Funds Available | 602,938.31 | Total Funds Allocated | 602,938.31 |
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 2013-7 |
COLLATERAL PERFORMANCE - POOL AND COLLECTIONS SUMMARY |
September 25, 2024 |
Deal | Initial | Beginning | Ending | Initial | Beginning | Ending | ||||
Count | 595 | 96 | 95 | Remaining Term | 359 | 224 | 223 | |||
Scheduled | 453,588,656.25 | 52,177,996.66 | 51,739,229.31 | Gross Rate | 3.83351 | % | 3.77564 | % | 3.77452 | % |
Actual | 453,588,656.25 | 52,306,850.23 | 51,855,696.36 | Net Rate | 3.56351 | % | 3.50564 | % | 3.50452 | % |
Interest Bearing | 453,588,656.25 | 52,177,996.66 | 51,739,229.31 | |||||||
Principal Collections | Realized Losses | Interest Collections | ||||||||
Scheduled Principal | 174,197.52 | Principal Losses and | Scheduled Interest | 164,170.96 | ||||||
- | ||||||||||
Forgiveness | ||||||||||
Curtailments | 7,975.27 | Less: | - | |||||||
Losses in Excess of Principal | ||||||||||
Curtailments Adjustments | - | - | Master Servicing Fee | 226.11 | ||||||
Balance | ||||||||||
Prepayments in Full | 256,594.56 | Subsequent (Recoveries) / | Servicing Fee | 10,870.41 | ||||||
- | ||||||||||
Losses | ||||||||||
Liquidation Principal | - | Trustee Fee | 52.21 | |||||||
Cumulative Realized Losses | - | |||||||||
Repurchased Principal | - | Securities Administrator Fee | 591.35 | |||||||
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 2013-7 | |
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 | 11 | 6,261,677.99 | 12.10 | 3.4607 | 222 |
3.51 to 4.00 | 82 | 44,478,283.13 | 85.97 | 3.8097 | 222 |
4.01 to 4.50 | 2 | 999,268.19 | 1.93 | 4.1767 | 223 |
4.51 to 5.00 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
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 | 95 | 51,739,229.31 | 100.00 | 3.7745 | 222 |
Ending Schedule Balance | |||||
Ending Schedule Balance | Asset | Ending Scheduled | % of | ||
Range | Count | Balance | Agg.Bal. | WAC | WAM |
1 to 200,000 | 1 | 79,090.83 | 0.15 | 3.7500 | 223 |
200,001 to 400,000 | 16 | 5,554,032.77 | 10.73 | 3.7675 | 222 |
400,001 to 600,000 | 49 | 24,780,433.48 | 47.89 | 3.7786 | 222 |
600,001 to 800,000 | 23 | 15,823,268.71 | 30.58 | 3.7672 | 222 |
800,001 to 1,000,000 | 4 | 3,419,721.04 | 6.61 | 3.8087 | 223 |
1,000,001 to 1,200,000 | 2 | 2,082,682.48 | 4.03 | 3.7454 | 223 |
1,200,001 to 1,400,000 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
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 | 95 | 51,739,229.31 | 100.00 | 3.7745 | 222 |
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 2013-7 |
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 | 0 | 0 | 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 | % | 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 | 0 | 0 | |||||||||||||||||||
08/26/2024 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 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 | 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 | % | 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 | 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 | % | 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 | 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 | % | 0.0 | % | 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 | 0 | |||||||||||||||||||
04/25/2024 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 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 | 0 | 0 | |||||||||||||||||||
03/25/2024 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 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 | 0 | 0 | |||||||||||||||||||
02/26/2024 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 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 | 0 | |||||||||||||||||||
01/25/2024 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 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 | 0 | 0 | |||||||||||||||||||
12/26/2023 | ||||||||||||||||||||||||||||||||||||
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 | % | 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 | |||||||||||||||||||
11/27/2023 | ||||||||||||||||||||||||||||||||||||
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 | % | 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 | |||||||||||||||||||
10/25/2023 | ||||||||||||||||||||||||||||||||||||
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 | % | 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 2013-7 |
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 | 137.09 | 51,739,229.31 | 174,197.52 | 264,569.83 | - | 0.509 | % | 5.937 | % | 99 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Aug-2024 | 136.09 | 52,177,996.66 | 174,893.36 | 431,481.25 | - | 0.820 | % | 9.410 | % | 157 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jul-2024 | 135.09 | 52,784,371.27 | 174,310.03 | 10,911.93 | - | 0.021 | % | 0.248 | % | 4 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jun-2024 | 134.09 | 52,969,593.23 | 174,276.95 | 746,373.92 | - | 1.389 | % | 15.457 | % | 258 | % | 0.000 | % | 0.000 | % | 0 | % |
28-May-2024 | 133.09 | 53,890,244.10 | 175,406.35 | 7,795.15 | - | 0.014 | % | 0.173 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Apr-2024 | 132.09 | 54,073,445.60 | 174,831.42 | 7,787.60 | - | 0.014 | % | 0.173 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Mar-2024 | 131.09 | 54,256,064.62 | 174,262.34 | 6,516.75 | - | 0.012 | % | 0.144 | % | 2 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Feb-2024 | 130.09 | 54,436,843.71 | 173,687.01 | 9,124.45 | - | 0.017 | % | 0.201 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jan-2024 | 129.09 | 54,619,655.17 | 174,172.68 | 383,568.14 | - | 0.697 | % | 8.055 | % | 134 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Dec-2023 | 128.09 | 55,177,395.99 | 173,600.97 | 7,984.77 | - | 0.014 | % | 0.173 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Nov-2023 | 127.09 | 55,358,981.73 | 174,499.67 | 501,302.42 | - | 0.897 | % | 10.253 | % | 171 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Oct-2023 | 126.09 | 56,034,783.82 | 173,930.37 | 6,939.74 | - | 0.012 | % | 0.148 | % | 2 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Sep-2023 | 125.09 | 56,215,653.93 | 174,851.83 | 523,774.43 | - | 0.923 | % | 10.532 | % | 176 | % | 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 2013-7 | |
ADDITIONAL REPORTING |
September 25, 2024 |
Amount Remaining Funds |
591,198.23 |
Waterfall Detail | ||
Available Distribution Amount | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -126,748.03 | 464,450.20 |
Senior Certificates, the Senior Principal Distribution Amount | -364,840.10 | 99,610.10 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,807.40 | 95,802.70 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | -26,883.53 | 68,919.17 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,595.70 | 65,323.47 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | -25,388.72 | 39,934.75 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,066.91 | 36,867.84 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | -21,654.99 | 15,212.85 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -1,296.47 | 13,916.38 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | 0.00 | 13,916.38 |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -13,916.38 | 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 2013-7 | |
OTHER INFORMATION |
September 25, 2024 |
Principal Percentages | ||
Senior Percentage | 83.151150 | % |
Subordinate Percentage | 16.848850 | % |
Senior Prepayment Percentage | 83.151150 | % |
Subordinate Prepayment Percentage | 16.848850 | % |
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 2013-7 | |
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 |