07/03/2024 | Press release | Distributed by Public on 07/03/2024 09:42
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 |
CONTACT INFORMATION | |
Depositor | Sequoia Residential Funding, Inc. |
Trustee | Christiana Trust |
Master Servicer | Wells Fargo Bank, N.A. |
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. |
[email protected] | 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 | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
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 | 150,196,000.00 | 15,951,053.39 | 2.000000 | % | 30 / 360 | 05/01 - 05/31 | 26,585.09 | 58,616.77 | 85,201.86 | 0.00 | 0.00 | 15,892,436.62 | ||||||||||||
A-2 | 411,000,000.00 | 43,648,851.72 | 2.500000 | % | 30 / 360 | 05/01 - 05/31 | 90,935.11 | 160,400.36 | 251,335.47 | 0.00 | 0.00 | 43,488,451.36 | ||||||||||||
B-1 | 11,404,000.00 | 1,952,551.09 | 3.530649 | % | 30 / 360 | 05/01 - 05/31 | 5,744.81 | 14,925.74 | 20,670.55 | 0.00 | 0.00 | 1,937,625.35 | ||||||||||||
B-2 | 9,904,000.00 | 1,695,726.57 | 3.530649 | % | 30 / 360 | 05/01 - 05/31 | 4,989.18 | 12,962.51 | 17,951.69 | 0.00 | 0.00 | 1,682,764.06 | ||||||||||||
B-3 | 8,102,000.00 | 1,387,194.72 | 3.530649 | % | 30 / 360 | 05/01 - 05/31 | 4,081.41 | 10,604.03 | 14,685.44 | 0.00 | 0.00 | 1,376,590.69 | ||||||||||||
B-4 | 3,001,000.00 | 513,820.22 | 3.530649 | % | 30 / 360 | 05/01 - 05/31 | 1,511.77 | 3,927.76 | 5,439.53 | 0.00 | 0.00 | 509,892.46 | ||||||||||||
B-5 | 6,603,241.00 | 5,994,232.85 | 3.530649 | % | 30 / 360 | 05/01 - 05/31 | 17,636.27 | 0.00 | 17,636.27 | 0.00 | 0.00 | 5,994,232.85 | ||||||||||||
LT-R | 0.00 | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
R | 0.00 | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
Totals | 600,210,241.00 | 71,143,430.56 | 151,483.64 | 261,437.17 | 412,920.81 | 0.00 | 0.00 | 70,881,993.39 |
Notional Classes | ||||||||||||
A-IO1 | 150,196,000.00 | 15,951,053.39 | 0.500000 | % | 30 / 360 | 05/01 - 05/31 | 6,646.27 | 0.00 | 6,646.27 | 0.00 | 0.00 | 15,892,436.62 |
A-IO2 | 561,196,000.00 | 59,599,905.11 | 1.030649 | % | 30 / 360 | 05/01 - 05/31 | 51,188.81 | 0.00 | 51,188.81 | 0.00 | 0.00 | 59,380,887.97 |
Totals | 711,392,000.00 | 75,550,958.50 | 57,835.08 | 0.00 | 57,835.08 | 0.00 | 0.00 | 75,273,324.59 |
Reports Available at | sf.citidirect.com | Page 2 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
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 | RAA8 | 5/31/2024 | 106.201586 | 0.177003 | 0.390269 | 0.567271 | 0.000000 | 0.000000 | 105.811317 |
A-2 | 81745 | RAB6 | 5/31/2024 | 106.201586 | 0.221253 | 0.390269 | 0.611522 | 0.000000 | 0.000000 | 105.811317 |
B-1 | 81745 | RAG5 | 5/31/2024 | 171.216335 | 0.503754 | 1.308816 | 1.812570 | 0.000000 | 0.000000 | 169.907519 |
B-2 | 81745 | RAH3 | 5/31/2024 | 171.216334 | 0.503754 | 1.308816 | 1.812570 | 0.000000 | 0.000000 | 169.907518 |
B-3 | 81745 | RAJ9 | 5/31/2024 | 171.216332 | 0.503753 | 1.308816 | 1.812570 | 0.000000 | 0.000000 | 169.907515 |
B-4 | 81745 | RAK6 | 5/31/2024 | 171.216335 | 0.503755 | 1.308817 | 1.812572 | 0.000000 | 0.000000 | 169.907517 |
B-5 | 81745 | RAL4 | 5/31/2024 | 907.771328 | 2.670851 | 0.000000 | 2.670851 | 0.000000 | 0.000000 | 907.771328 |
LT-R | 81745 | RAN0 | 5/31/2024 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
R | 81745 | RAM2 | 5/31/2024 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
A-IO1 | 81745 | RAD2 | 5/31/2024 | 106.201586 | 0.044251 | 0.000000 | 0.044251 | 0.000000 | 0.000000 | 105.811317 |
A-IO2 | 81745 | RAE0 | 5/31/2024 | 106.201586 | 0.091214 | 0.000000 | 0.091214 | 0.000000 | 0.000000 | 105.811317 |
Reports Available at | sf.citidirect.com | Page 3 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
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 | 15,951,053.39 | 2.000000 | % | 2.000000 | % | 30 / 360 | 26,585.09 | 0.00 | 0.00 | 0.00 | 26,585.09 | 0.00 | 26,585.09 | 0.00 | |||||||||||
A-2 | 43,648,851.72 | 2.500000 | % | 2.500000 | % | 30 / 360 | 90,935.11 | 0.00 | 0.00 | 0.00 | 90,935.11 | 0.00 | 90,935.11 | 0.00 | |||||||||||
B-1 | 1,952,551.09 | 3.530649 | % | 3.530661 | % | 30 / 360 | 5,744.81 | 0.00 | 0.00 | 0.00 | 5,744.81 | 0.00 | 5,744.81 | 0.00 | |||||||||||
B-2 | 1,695,726.57 | 3.530649 | % | 3.530661 | % | 30 / 360 | 4,989.18 | 0.00 | 0.00 | 0.00 | 4,989.18 | 0.00 | 4,989.18 | 0.00 | |||||||||||
B-3 | 1,387,194.72 | 3.530649 | % | 3.530661 | % | 30 / 360 | 4,081.41 | 0.00 | 0.00 | 0.00 | 4,081.41 | 0.00 | 4,081.41 | 0.00 | |||||||||||
B-4 | 513,820.22 | 3.530649 | % | 3.530661 | % | 30 / 360 | 1,511.77 | 0.00 | 0.00 | 0.00 | 1,511.77 | 0.00 | 1,511.77 | 0.00 | |||||||||||
B-5 | 5,994,232.85 | 3.530649 | % | 3.530661 | % | 30 / 360 | 17,636.28 | 260.15 | 0.00 | 0.00 | 17,896.43 | 0.00 | 17,636.27 | 260.16 | |||||||||||
LT-R | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
R | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
Totals | 71,143,430.56 | 151,483.65 | 260.15 | 0.00 | 0.00 | 151,743.80 | 0.00 | 151,483.64 | 260.16 |
Notional Classes | ||||||||||||||
A-IO1 | 15,951,053.39 | 0.500000 | % | 0.500000 | % | 30 / 360 | 6,646.27 | 0.00 | 0.00 | 0.00 | 6,646.27 | 0.00 | 6,646.27 | 0.00 |
A-IO2 | 59,599,905.11 | 1.030649 | % | 1.030661 | % | 30 / 360 | 51,188.81 | 0.00 | 0.00 | 0.00 | 51,188.81 | 0.00 | 51,188.81 | 0.00 |
Totals | 75,550,958.50 | 57,835.08 | 0.00 | 0.00 | 0.00 | 57,835.08 | 0.00 | 57,835.08 | 0.00 |
Reports Available at | sf.citidirect.com | Page 4 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
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 | 150,196,000.00 | 15,951,053.39 | 54,837.00 | 3,779.77 | 0.00 | 0.00 | 0.00 | 15,892,436.62 | 0.00 | 25.02 | % | 22.42 | % | 6.50 | % | 16.23 | % | |||||||||||
A-2 | 411,000,000.00 | 43,648,851.72 | 150,057.32 | 10,343.05 | 0.00 | 0.00 | 0.00 | 43,488,451.36 | 0.00 | 68.48 | % | 61.35 | % | 6.50 | % | 16.23 | % | |||||||||||
B-1 | 11,404,000.00 | 1,952,551.09 | 13,963.29 | 962.45 | 0.00 | 0.00 | 0.00 | 1,937,625.35 | 0.00 | 1.90 | % | 2.73 | % | 4.60 | % | 13.49 | % | |||||||||||
B-2 | 9,904,000.00 | 1,695,726.57 | 12,126.66 | 835.85 | 0.00 | 0.00 | 0.00 | 1,682,764.06 | 0.00 | 1.65 | % | 2.37 | % | 2.95 | % | 11.12 | % | |||||||||||
B-3 | 8,102,000.00 | 1,387,194.72 | 9,920.25 | 683.78 | 0.00 | 0.00 | 0.00 | 1,376,590.69 | 0.00 | 1.35 | % | 1.94 | % | 1.60 | % | 9.18 | % | |||||||||||
B-4 | 3,001,000.00 | 513,820.22 | 3,674.48 | 253.28 | 0.00 | 0.00 | 0.00 | 509,892.46 | 0.00 | 0.50 | % | 0.72 | % | 1.10 | % | 8.46 | % | |||||||||||
B-5 | 6,603,241.00 | 5,994,232.85 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5,994,232.85 | 0.00 | 1.10 | % | 8.46 | % | 0.00 | % | 0.00 | % | |||||||||||
Totals | 600,210,241.00 | 71,143,430.56 | 244,579.00 | 16,858.18 | 0.00 | 0.00 | 0.00 | 70,881,993.39 | 0.00 | 100 | % | 100 | % |
Reports Available at | sf.citidirect.com | Page 5 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
Reconciliation Detail |
SOURCE OF FUNDS | |||
Interest Funds Available | |||
Scheduled Interest | 225,029.57 | ||
Uncompensated PPIS | 0.00 | ||
Relief Act Shortfall | 0.00 | ||
Losses in Excess of Principal Balance | 0.00 | ||
Stop Advance Interest | 0.00 | ||
Other Interest Reductions | 0.00 | ||
Total Interest Funds Available: | 225,029.57 | ||
Principal Funds Available | |||
Scheduled Principal | 244,579.00 | ||
Curtailments | 16,858.17 | ||
Curtailments Adjustments | 0.00 | ||
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: | 261,437.17 | ||
Total Funds Available | 486,466.74 |
ALLOCATION OF FUNDS | ||
Scheduled Fees | ||
Master Servicing Fee | 232.97 | |
Servicing Fee | 14,821.60 | |
Trustee Fee | 51.55 | |
Securities Administrator Fee | 604.72 | |
Total Scheduled Fees: | 15,710.84 | |
Additional Fees, Expenses, etc. | ||
Trust Fund Expenses | 0.00 | |
Other Expenses | 0.00 | |
Total Additional Fees, Expenses, etc.: | 0.00 | |
Distributions | ||
Interest Distribution | 209,318.72 | |
Principal Distribution | 261,437.18 | |
Total Distributions: | 470,755.90 | |
Total Funds Allocated | 486,466.74 |
Reports Available at | sf.citidirect.com | Page 6 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
Collateral Summary |
ASSET CHARACTERISTICS | ||||||||
Cut-Off | Beginning | Ending | Delta or % of Orig | |||||
Aggregate Stated Principal Balance | 600,210,241.34 | 71,143,431.03 | 70,881,993.86 | 11.81 | % | |||
Aggregate Actual Principal Balance | 600,210,241.34 | 71,327,565.13 | 71,054,570.55 | 11.84 | % | |||
Loan Count | 746 | 131 | 131 | 615 | ||||
Weighted Average Coupon Rate (WAC) | 3.818731 | % | 3.795649 | % | 3.795661 | % | -0.023070 | % |
Net Weighted Average Coupon Rate (Net WAC) | 3.553731 | % | 3.530649 | % | 3.530661 | % | -0.023070 | % |
Weighted Average Remaining Term (WART in months) | 358 | 224 | 223 | 135 |
AVAILABLE PRINCIPAL | |
Scheduled Principal | 244,579.00 |
Curtailments | 16,858.17 |
Curtailments Adjustments | 0.00 |
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 | 261,437.17 |
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 | 225,029.57 | |
Less: | Master Servicing Fee | 232.97 |
Servicing Fee | 14,821.60 | |
Trustee Fee | 51.55 | |
Securities Administrator Fee | 604.72 | |
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 Reductions | 0.00 | |
TOTAL AVAILABLE INTEREST | 209,318.73 |
Reports Available at | sf.citidirect.com | Page 7 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
Stratification Detail |
Loan Rate | ||||||
# of | Ending Sched | % of Agg | ||||
Loan Rate | Loans | Balance | Balance | WAC | WART | |
3.00 or Less | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
3.01 to 3.25 | 4 | 1,796,047.57 | 2.53 | 3.2351 | 223 | |
3.26 to 3.50 | 14 | 7,373,288.38 | 10.40 | 3.4748 | 223 | |
3.51 to 3.75 | 52 | 29,638,956.72 | 41.81 | 3.6794 | 223 | |
3.76 to 4.00 | 48 | 25,724,593.76 | 36.29 | 3.9055 | 223 | |
4.01 to 4.25 | 8 | 3,072,917.16 | 4.34 | 4.1516 | 223 | |
4.26 to 4.50 | 3 | 1,609,794.55 | 2.27 | 4.3750 | 223 | |
4.51 to 4.75 | 1 | 730,126.54 | 1.03 | 4.6250 | 221 | |
4.76 to 5.00 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
5.01 to 5.25 | 1 | 936,269.18 | 1.32 | 5.2500 | 222 | |
5.26 to 5.50 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
5.51 to 5.75 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
5.76 to 6.00 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
6.01 or Greater | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
Totals | 131 | 70,881,993.86 | 100.00 | 3.7957 | 223 |
Ending Scheduled Balance | |||||
Ending Sched | # of | Ending Sched | % of Agg | ||
Balance | Loans | Balance | Balance | WAC | WART |
1 to 150,000 | 1 | 70,410.11 | 0.10 | 3.7500 | 223 |
150,001 to 300,000 | 9 | 2,203,925.79 | 3.11 | 3.8173 | 223 |
300,001 to 450,000 | 29 | 11,466,834.14 | 16.18 | 3.7465 | 223 |
450,001 to 600,000 | 51 | 26,705,846.24 | 37.68 | 3.8040 | 223 |
600,001 to 750,000 | 33 | 22,383,571.14 | 31.58 | 3.7673 | 223 |
750,001 to 900,000 | 2 | 1,640,946.60 | 2.32 | 3.6873 | 224 |
900,001 to 1,050,000 | 4 | 3,859,211.61 | 5.44 | 4.1356 | 223 |
1,050,001 to 1,200,000 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
1,200,001 to 1,350,000 | 2 | 2,551,248.23 | 3.60 | 3.7160 | 223 |
Totals | 131 | 70,881,993.86 | 100.00 | 3.7957 | 223 |
Reports Available at | sf.citidirect.com | Page 8 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
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 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | ||||||||||
0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||
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 | 936,269.18 | 1 | 120-149 | 0.00 | 0 | 120-149 | 0.00 | 0 | 120-149 | 0.00 | 0 | 120-149 | 936,269.18 | 1 | ||||||||||
1.320884 | % | 0.8 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 1.320884 | % | 0.8 | % | |||||
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 | 936,269.18 | 1 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 936,269.18 | 1 | ||||||||||
1.320884 | % | 0.8 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 1.320884 | % | 0.8 | % |
Principal and Interest Advances | N/A |
Reports Available at | sf.citidirect.com | Page 9 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
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 | ||||||||||||||
06/2024 | 0 | 0 | 0 | 0 | 936,269 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 936,269 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.321 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.321 | % | 0.8 | % | |
05/2024 | 0 | 0 | 0 | 0 | 938,763 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 938,763 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.320 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.320 | % | 0.8 | % | |
04/2024 | 0 | 0 | 0 | 0 | 941,245 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 941,245 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.318 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.318 | % | 0.8 | % | |
03/2024 | 0 | 0 | 0 | 0 | 943,717 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 943,717 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.307 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.307 | % | 0.8 | % | |
02/2024 | 552,703 | 1 | 0 | 0 | 946,178 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1,498,881 | 2 | ||||||||||||||
0.761 | % | 0.8 | % | 0.000 | % | 0.0 | % | 1.303 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.064 | % | 1.5 | % | |
01/2024 | 717,058 | 2 | 948,628 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,665,686 | 3 | ||||||||||||||
0.984 | % | 1.5 | % | 1.302 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.285 | % | 2.3 | % | |
12/2023 | 0 | 0 | 951,068 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 951,068 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 1.300 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.300 | % | 0.8 | % | |
11/2023 | 558,122 | 1 | 953,496 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,511,618 | 2 | ||||||||||||||
0.761 | % | 0.8 | % | 1.299 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.060 | % | 1.5 | % | |
10/2023 | 0 | 0 | 955,915 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 955,915 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 1.298 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.298 | % | 0.8 | % | |
09/2023 | 0 | 0 | 958,323 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 958,323 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 1.297 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.297 | % | 0.8 | % | |
08/2023 | 0 | 0 | 960,720 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 960,720 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 1.284 | % | 0.7 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.284 | % | 0.7 | % | |
07/2023 | 0 | 0 | 963,107 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 963,107 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 1.283 | % | 0.7 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.283 | % | 0.7 | % |
Reports Available at | sf.citidirect.com | Page 10 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
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-Jun-2024 | 137.18 | 70,881,993.86 | 244,579.00 | 16,858.17 | 0.00 | 0.024 | % | 0.285 | % | 5 | % | 0.000 | % | 0.000 | % | 0 | % |
28-May-2024 | 136.18 | 71,143,431.03 | 243,772.86 | 11,311.40 | 0.00 | 0.016 | % | 0.191 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Apr-2024 | 135.18 | 71,398,515.29 | 244,170.03 | 587,692.08 | 0.00 | 0.816 | % | 9.369 | % | 156 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Mar-2024 | 134.18 | 72,230,377.40 | 242,887.07 | 160,223.65 | 0.00 | 0.221 | % | 2.624 | % | 44 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Feb-2024 | 133.18 | 72,633,488.12 | 242,098.73 | 7,617.00 | 0.00 | 0.010 | % | 0.126 | % | 2 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jan-2024 | 132.18 | 72,883,203.85 | 241,309.94 | 8,642.67 | 0.00 | 0.012 | % | 0.142 | % | 2 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Dec-2023 | 131.18 | 73,133,156.46 | 240,506.85 | 13,884.27 | 0.00 | 0.019 | % | 0.228 | % | 4 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Nov-2023 | 130.18 | 73,387,547.58 | 239,718.74 | 9,978.66 | 0.00 | 0.014 | % | 0.163 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Oct-2023 | 129.18 | 73,637,244.98 | 238,936.68 | 8,835.35 | 0.00 | 0.012 | % | 0.144 | % | 2 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Sep-2023 | 128.18 | 73,885,017.01 | 242,776.35 | 699,073.02 | 0.00 | 0.937 | % | 10.685 | % | 178 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Aug-2023 | 127.18 | 74,826,866.38 | 241,974.12 | 12,411.74 | 0.00 | 0.017 | % | 0.199 | % | 3 | % | 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%)) | ||||||||||||||||
CPR | CDR |
Reports Available at | sf.citidirect.com | Page 11 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
Waterfall Detail |
Remaining | |||
DISTRIBUTIONS | Amount | Available | |
Distributed | Funds | ||
Available Distribution Amount | 470,755.90 | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (175,355.28 | ) | 295,400.62 |
Senior Certificates, the Senior Principal Distribution Amount | (219,017.14 | ) | 76,383.48 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (5,744.81 | ) | 70,638.67 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | (14,925.74 | ) | 55,712.93 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (4,989.18 | ) | 50,723.75 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | (12,962.51 | ) | 37,761.24 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (4,081.41 | ) | 33,679.83 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | (10,604.03 | ) | 23,075.80 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (1,511.77 | ) | 21,564.03 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | (3,927.76 | ) | 17,636.27 |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (17,636.27 | ) | 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 | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
Other Information |
Principal Percentages | ||
Senior Percentage | 83.774291 | % |
Subordinate Percentage | 16.225709 | % |
Senior Prepayment Percentage | 83.774291 | % |
Subordinate Prepayment Percentage | 16.225709 | % |
Other Information | ||
Step-Down Test satisfied? | Yes |
Reports Available at | sf.citidirect.com | Page 13 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
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. |
Reports Available at | sf.citidirect.com | Page 14 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
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. |
Reports Available at | sf.citidirect.com | Page 15 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
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. |
Reports Available at | sf.citidirect.com | Page 16 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
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. |
Reports Available at | sf.citidirect.com | Page 17 of 18 | © Copyright | 2024 Citigroup |
Distribution Date: | 06/25/2024 | Sequoia Mortgage Trust |
Determination Date: | 06/17/2024 | |
Mortgage Pass-Through Certificates | ||
Series 2013-3 | ||
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. |
Reports Available at | sf.citidirect.com | Page 18 of 18 | © Copyright | 2024 Citigroup |