10/08/2024 | Press release | Distributed by Public on 10/08/2024 12:57
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-3 |
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 2013-3 | |
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 | 150,196,000.00 | 15,618,351.08 | 2.000000 | % | 30/360 | 26,030.59 | - | 69,623.73 | 95,654.32 | - | - | 15,548,727.35 | |
A-2 | 411,000,000.00 | 42,738,437.01 | 2.500000 | % | 30/360 | 89,038.41 | - | 190,520.06 | 279,558.47 | - | - | 42,547,916.95 | |
B-1 | 11,404,000.00 | 1,867,834.26 | 3.529519 | % | 30/360 | 5,493.80 | - | 17,728.47 | 23,222.27 | - | - | 1,850,105.79 | |
B-2 | 9,904,000.00 | 1,622,152.78 | 3.529519 | % | 30/360 | 4,771.18 | - | 15,396.59 | 20,167.77 | - | - | 1,606,756.19 | |
B-3 | 8,102,000.00 | 1,327,007.44 | 3.529519 | % | 30/360 | 3,903.08 | - | 12,595.23 | 16,498.31 | - | - | 1,314,412.21 | |
B-4 | 3,001,000.00 | 491,526.70 | 3.529519 | % | 30/360 | 1,445.71 | - | 4,665.30 | 6,111.01 | - | - | 486,861.40 | |
B-5 | 6,603,241.00 | 5,994,232.85 | 3.529519 | % | 30/360 | 17,630.63 | - | - | 17,630.63 | - | - | 5,994,232.85 | |
LT-R | - | - | 0.000000 | % | - | - | - | - | - | - | - | - | |
R | - | - | 0.000000 | % | - | - | - | - | - | - | - | - | |
Total | 600,210,241.00 | 69,659,542.12 | 148,313.40 | - | 310,529.38 | 458,842.78 | - | - | 69,349,012.74 | ||||
Notional | |||||||||||||
A-IO1 | 150,196,000.00 | 15,618,351.08 | 0.500000 | % | 30/360 | 6,507.65 | - | - | 6,507.65 | - | (69,623.73 | ) | 15,548,727.35 |
A-IO2 | 561,196,000.00 | 58,356,788.09 | 1.029519 | % | 30/360 | 50,066.17 | - | - | 50,066.17 | - | (260,143.79 | ) | 58,096,644.30 |
Total | 711,392,000.00 | 73,975,139.17 | 56,573.82 | - | - | 56,573.82 | - | (329,767.52 | ) | 73,645,371.65 | |||
Grand Total | 1,311,602,241.00 | 143,634,681.29 | 204,887.22 | - | 310,529.38 | 515,416.60 | - | (329,767.52 | ) | 142,994,384.39 |
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 2013-3 |
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 | RAA8 | 08/30/2024 | 0.17331081 | - | 0.46355249 | 0.63686330 | - | - | 103.52291239 |
A-2 | 81745 | RAB6 | 08/30/2024 | 0.21663847 | - | 0.46355246 | 0.68019092 | - | - | 103.52291229 |
B-1 | 81745 | RAG5 | 08/30/2024 | 0.48174325 | - | 1.55458348 | 2.03632673 | - | - | 162.23305770 |
B-2 | 81745 | RAH3 | 08/30/2024 | 0.48174273 | - | 1.55458300 | 2.03632573 | - | - | 162.23305634 |
B-3 | 81745 | RAJ9 | 08/30/2024 | 0.48174278 | - | 1.55458282 | 2.03632560 | - | - | 162.23305480 |
B-4 | 81745 | RAK6 | 08/30/2024 | 0.48174275 | - | 1.55458181 | 2.03632456 | - | - | 162.23305565 |
B-5 | 81745 | RAL4 | 08/30/2024 | 2.66999645 | - | - | 2.66999645 | - | - | 907.77132775 |
LT-R | 81745 | RAN0 | 08/30/2024 | - | - | - | - | - | - | - |
R | 81745 | RAM2 | 08/30/2024 | - | - | - | - | - | - | - |
A-IO1 | 81745 | RAD2 | 08/30/2024 | 0.04332772 | - | - | 0.04332772 | - | - | 103.52291239 |
A-IO2 | 81745 | RAE0 | 08/30/2024 | 0.08921334 | - | - | 0.08921334 | - | - | 103.52291232 |
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 2013-3 |
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 | 2.00000 | % | 2.00000 | % | 08/01-08/31 | 26,030.59 | - | - | - | 26,030.59 | - | 26,030.59 | ||
A-2 | 2.50000 | % | 2.50000 | % | 08/01-08/31 | 89,038.41 | - | - | - | 89,038.41 | - | 89,038.41 | ||
B-1 | 3.52952 | % | 3.52912 | % | 08/01-08/31 | 5,493.80 | - | - | - | 5,493.80 | - | 5,493.80 | ||
B-2 | 3.52952 | % | 3.52912 | % | 08/01-08/31 | 4,771.18 | - | - | - | 4,771.18 | - | 4,771.18 | ||
B-3 | 3.52952 | % | 3.52912 | % | 08/01-08/31 | 3,903.08 | - | - | - | 3,903.08 | - | 3,903.08 | ||
B-4 | 3.52952 | % | 3.52912 | % | 08/01-08/31 | 1,445.71 | - | - | - | 1,445.71 | - | 1,445.71 | ||
B-5 | 3.52952 | % | 3.52912 | % | 08/01-08/31 | 17,630.63 | - | - | - | 17,630.63 | - | 17,630.63 | ||
LT-R | 0.00000 | % | 0.00000 | % | 08/01-08/31 | - | - | - | - | - | - | - | ||
R | 0.00000 | % | 0.00000 | % | 08/01-08/31 | - | - | - | - | - | - | - | ||
Total | 148,313.40 | - | - | - | 148,313.40 | - | 148,313.40 | |||||||
Notional | ||||||||||||||
A-IO1 | 0.50000 | % | 0.50000 | % | 08/01-08/31 | 6,507.65 | - | - | - | 6,507.65 | - | 6,507.65 | ||
A-IO2 | 1.02952 | % | 1.02912 | % | 08/01-08/31 | 50,066.17 | - | - | - | 50,066.17 | - | 50,066.17 | ||
Total | 56,573.82 | - | - | - | 56,573.82 | - | 56,573.82 | |||||||
Grand Total | 204,887.22 | - | - | - | 204,887.22 | - | 204,887.22 |
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 2013-3 |
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 | - | 260.14 | - | - | - | 260.14 |
LT-R | - | - | - | - | - | - |
R | - | - | - | - | - | - |
Total | - | 260.14 | - | - | - | 260.14 |
Notional | ||||||
A-IO1 | - | - | - | - | - | - |
A-IO2 | - | - | - | - | - | - |
Total | - | - | - | - | - | - |
Grand Total | - | 260.14 | - | - | - | 260.14 |
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 2013-3 |
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 | 15,618,351.08 | 54,970.56 | 14,653.17 | 69,623.73 | - | - | 15,548,727.35 | - |
A-2 | 42,738,437.01 | 150,422.78 | 40,097.28 | 190,520.06 | - | - | 42,547,916.95 | - |
B-1 | 1,867,834.26 | 13,997.29 | 3,731.18 | 17,728.47 | - | - | 1,850,105.79 | - |
B-2 | 1,622,152.78 | 12,156.19 | 3,240.40 | 15,396.59 | - | - | 1,606,756.19 | - |
B-3 | 1,327,007.44 | 9,944.41 | 2,650.82 | 12,595.23 | - | - | 1,314,412.21 | - |
B-4 | 491,526.70 | 3,683.43 | 981.87 | 4,665.30 | - | - | 486,861.40 | - |
B-5 | 5,994,232.85 | - | - | - | - | - | 5,994,232.85 | - |
LT-R | - | - | - | - | - | - | - | - |
R | - | - | - | - | - | - | - | - |
Total | 69,659,542.12 | 245,174.66 | 65,354.72 | 310,529.38 | - | - | 69,349,012.74 | - |
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 2013-3 | |
RECONCILIATION DETAIL |
September 25, 2024 |
SOURCE OF FUNDS | ALLOCATION OF FUNDS | |||||
Interest Funds Available | Scheduled Fees | |||||
Scheduled Interest | 220,270.42 | Master Servicing Fee | 228.18 | |||
Uncompensated PPIS | 0.00 | Servicing Fee | 14,512.39 | |||
Relief Act Shortfall | 0.00 | Trustee Fee | 50.52 | |||
Losses in Excess of Principal Balance | 0.00 | Securities Administrator Fee | 592.11 | |||
Stop Advance Interest | 0.00 | |||||
Total Scheduled Fees | 15,383.20 | |||||
Other Interest Reductions | 0.00 | |||||
Additional Fees, Expenses, etc. | ||||||
Total Interest Funds Available | 220,270.42 | Trust Fund Expenses | 0.00 | |||
Principal Funds Available | Other Expenses | 0.00 | ||||
Scheduled Principal | 245,174.67 | |||||
Total Additional Fees, Expenses, etc. | - | |||||
Curtailments | 65,354.71 | |||||
Distributions | ||||||
Prepayments in Full | 0.00 | |||||
Interest Distribution | 204,887.22 | |||||
Liquidation Principal | 0.00 | |||||
Principal Distribution | 310,529.38 | |||||
Repurchased Principal | 0.00 | |||||
Other Principal | 0.00 | Total Distributions | 515,416.60 | |||
Substitution Principal | 0.00 | |||||
Principal Losses and Forgiveness | 0.00 | |||||
Subsequent Recoveries / (Losses) | 0.00 | |||||
Total Principal Funds Available | 310,529.38 | |||||
Total Funds Available | 530,799.80 | Total Funds Allocated | 530,799.80 |
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 2013-3 |
COLLATERAL PERFORMANCE - POOL AND COLLECTIONS SUMMARY |
September 25, 2024 |
Deal | Initial | Beginning | Ending | Initial | Beginning | Ending | ||||
Count | 746 | 130 | 130 | Remaining Term | 360 | 221 | 220 | |||
Scheduled | 600,210,241.34 | 69,659,542.58 | 69,349,013.2 | Gross Rate | 3.81873 | % | 3.79452 | % | 3.79412 | % |
Actual | 600,210,241.34 | 69,837,519.61 | 69,518,568.98 | Net Rate | 3.55373 | % | 3.52952 | % | 3.52912 | % |
Interest Bearing | 600,210,241.34 | 69,659,542.58 | 69,349,013.2 | |||||||
Principal Collections | Realized Losses | Interest Collections | ||||||||
Scheduled Principal | 245,174.67 | Principal Losses and | Scheduled Interest | 220,270.42 | ||||||
- | ||||||||||
Forgiveness | ||||||||||
Curtailments | 65,354.71 | Less: | - | |||||||
Losses in Excess of Principal | ||||||||||
Curtailments Adjustments | - | - | Master Servicing Fee | 228.18 | ||||||
Balance | ||||||||||
Prepayments in Full | - | Subsequent (Recoveries) / | Servicing Fee | 14,512.39 | ||||||
- | ||||||||||
Losses | ||||||||||
Liquidation Principal | - | Trustee Fee | 50.52 | |||||||
Cumulative Realized Losses | - | |||||||||
Repurchased Principal | - | Securities Administrator Fee | 592.11 | |||||||
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 2013-3 | |
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 | 18 | 9,072,659.95 | 13.08 | 3.4281 | 220 |
3.51 to 4.00 | 99 | 54,094,998.32 | 78.00 | 3.7833 | 219 |
4.01 to 4.50 | 11 | 4,529,088.69 | 6.53 | 4.2251 | 219 |
4.51 to 5.00 | 1 | 723,542.88 | 1.04 | 4.6250 | 218 |
5.01 to 5.50 | 1 | 928,723.36 | 1.34 | 5.2500 | 219 |
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 | 130 | 69,349,013.20 | 100.00 | 3.7941 | 219 |
Ending Schedule Balance | |||||
Ending Schedule Balance | Asset | Ending Scheduled | % of | ||
Range | Count | Balance | Agg.Bal. | WAC | WAM |
1 to 200,000 | 3 | 372,386.64 | 0.54 | 3.9550 | 220 |
200,001 to 400,000 | 23 | 7,631,401.36 | 11.00 | 3.8350 | 219 |
400,001 to 600,000 | 65 | 32,469,780.54 | 46.82 | 3.7845 | 219 |
600,001 to 800,000 | 31 | 20,901,219.86 | 30.14 | 3.7465 | 219 |
800,001 to 1,000,000 | 5 | 4,408,409.81 | 6.36 | 4.0322 | 219 |
1,000,001 to 1,200,000 | 1 | 1,038,533.42 | 1.50 | 3.8750 | 220 |
1,200,001 to 1,400,000 | 2 | 2,527,281.57 | 3.64 | 3.7160 | 220 |
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 | 130 | 69,349,013.20 | 100.00 | 3.7941 | 219 |
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 2013-3 |
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 | |||||||||||||||||||
1 | 815,110 | 0 | 0 | 0 | 0 | 1 | 928,723 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
09/25/2024 | ||||||||||||||||||||||||||||||||||||
0.8 | % | 1.2 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.8 | % | 1.3 | % | 0.0 | % | 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 | 931,250 | 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 | % | 0.8 | % | 1.3 | % | 0.0 | % | 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 | 933,765 | 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 | % | 0.8 | % | 1.3 | % | 0.0 | % | 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 | 936,269 | 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 | % | 0.8 | % | 1.3 | % | 0.0 | % | 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 | 938,763 | 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 | % | 0.8 | % | 1.3 | % | 0.0 | % | 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 | 941,245 | 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 | % | 0.8 | % | 1.3 | % | 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 | 943,717 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
03/25/2024 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.8 | % | 1.3 | % | 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 | 552,703 | 0 | 0 | 1 | 946,178 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
02/26/2024 | ||||||||||||||||||||||||||||||||||||
0.8 | % | 0.8 | % | 0.0 | % | 0.0 | % | 0.8 | % | 1.3 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | |
2 | 717,058 | 1 | 948,628 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
01/25/2024 | ||||||||||||||||||||||||||||||||||||
1.5 | % | 1.0 | % | 0.8 | % | 1.3 | % | 0.0 | % | 0.0 | % | 0.0 | % | 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 | 951,068 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
12/26/2023 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 0.8 | % | 1.3 | % | 0.0 | % | 0.0 | % | 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 | 558,122 | 1 | 953,496 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
11/27/2023 | ||||||||||||||||||||||||||||||||||||
0.8 | % | 0.8 | % | 0.8 | % | 1.3 | % | 0.0 | % | 0.0 | % | 0.0 | % | 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 | 955,915 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
10/25/2023 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 0.8 | % | 1.3 | % | 0.0 | % | 0.0 | % | 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 2013-3 |
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 | 140.18 | 69,349,013.20 | 245,174.67 | 65,354.71 | - | 0.094 | % | 1.124 | % | 19 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Aug-2024 | 139.18 | 69,659,542.58 | 246,399.70 | 668,839.95 | - | 0.951 | % | 10.834 | % | 181 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jul-2024 | 138.18 | 70,574,782.23 | 245,405.16 | 61,806.47 | - | 0.087 | % | 1.045 | % | 17 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jun-2024 | 137.18 | 70,881,993.86 | 244,579.00 | 16,858.17 | - | 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 | - | 0.016 | % | 0.191 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Apr-2024 | 135.18 | 71,398,515.29 | 244,170.03 | 587,692.08 | - | 0.816 | % | 9.369 | % | 156 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Mar-2024 | 134.18 | 72,230,377.40 | 242,887.07 | 160,223.65 | - | 0.221 | % | 2.624 | % | 44 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Feb-2024 | 133.18 | 72,633,488.12 | 242,098.73 | 7,617.00 | - | 0.010 | % | 0.126 | % | 2 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jan-2024 | 132.18 | 72,883,203.85 | 241,309.94 | 8,642.67 | - | 0.012 | % | 0.142 | % | 2 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Dec-2023 | 131.18 | 73,133,156.46 | 240,506.85 | 13,884.27 | - | 0.019 | % | 0.228 | % | 4 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Nov-2023 | 130.18 | 73,387,547.58 | 239,718.74 | 9,978.66 | - | 0.014 | % | 0.163 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Oct-2023 | 129.18 | 73,637,244.98 | 238,936.68 | 8,835.35 | - | 0.012 | % | 0.144 | % | 2 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Sep-2023 | 128.18 | 73,885,017.01 | 242,776.35 | 699,073.02 | - | 0.937 | % | 10.685 | % | 178 | % | 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 2013-3 | |
ADDITIONAL REPORTING |
September 25, 2024 |
Amount Remaining Funds |
515,416.60 |
Waterfall Detail | ||
Available Distribution Amount | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -171,642.82 | 343,773.78 |
Senior Certificates, the Senior Principal Distribution Amount | -260,143.79 | 83,629.99 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -5,493.80 | 78,136.19 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | -17,728.47 | 60,407.72 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -4,771.18 | 55,636.54 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | -15,396.59 | 40,239.95 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,903.08 | 36,336.87 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | -12,595.23 | 23,741.64 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -1,445.71 | 22,295.93 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | -4,665.30 | 17,630.63 |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -17,630.63 | 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 2013-3 | |
OTHER INFORMATION |
September 25, 2024 |
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? | 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 2013-3 | |
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 |