11/06/2024 | Press release | Distributed by Public on 11/06/2024 09:52
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-7 |
STATEMENT TO NOTEHOLDERS |
October 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 |
October 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 | 12,686,953.63 | 2.500000 | % | 30/360 | 26,431.15 | - | 44,240.88 | 70,672.03 | - | - | 12,642,712.75 | |
A-2 | 298,878,000.00 | 30,334,810.67 | 3.000000 | % | 30/360 | 75,837.03 | - | 105,781.01 | 181,618.04 | - | - | 30,229,029.66 | |
B-1 | 8,165,000.00 | 1,276,413.73 | 3.504521 | % | 30/360 | 3,727.68 | - | 11,054.48 | 14,782.16 | - | - | 1,265,359.25 | |
B-2 | 7,711,000.00 | 1,205,441.07 | 3.504521 | % | 30/360 | 3,520.41 | - | 10,439.82 | 13,960.23 | - | - | 1,195,001.25 | |
B-3 | 6,577,000.00 | 1,028,165.73 | 3.504521 | % | 30/360 | 3,002.69 | - | 8,904.51 | 11,907.20 | - | - | 1,019,261.22 | |
B-4 | 2,494,000.00 | 443,788.16 | 3.504521 | % | 30/360 | 1,296.05 | - | - | 1,296.05 | - | - | 443,788.16 | |
B-5 | 4,763,656.00 | 4,763,656.00 | 3.504521 | % | 30/360 | 13,911.96 | - | - | 13,911.96 | - | - | 4,763,656.00 | |
LT-R | - | - | 0.000000 | % | 30/360 | - | - | - | - | - | - | - | |
R | - | - | 0.000000 | % | 30/360 | - | - | - | - | - | - | - | |
Total | 453,588,656.00 | 51,739,228.99 | 127,726.97 | - | 180,420.70 | 308,147.67 | - | - | 51,558,808.29 | ||||
Notional | |||||||||||||
A-IO1 | 125,000,000.00 | 12,686,953.63 | 0.500000 | % | 30/360 | 5,286.23 | - | - | 5,286.23 | - | (44,240.88 | ) | 12,642,712.75 |
A-IO2 | 423,878,000.00 | 43,021,764.30 | 0.504521 | % | 30/360 | 18,087.81 | - | - | 18,087.81 | - | (150,021.89 | ) | 42,871,742.41 |
Total | 548,878,000.00 | 55,708,717.93 | 23,374.04 | - | - | 23,374.04 | - | (194,262.77 | ) | 55,514,455.16 | |||
Grand Total | 1,002,466,656.00 | 107,447,946.92 | 151,101.01 | - | 180,420.70 | 331,521.71 | - | (194,262.77 | ) | 107,073,263.45 |
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 |
October 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 | 09/30/2024 | 0.21144920 | - | 0.35392704 | 0.56537624 | - | - | 101.14170200 |
A-2 | 81745 | CAB9 | 09/30/2024 | 0.25373908 | - | 0.35392705 | 0.60766614 | - | - | 101.14170217 |
A-IO1 | 81745 | CAC7 | 09/30/2024 | 0.04228984 | - | - | 0.04228984 | - | - | 101.14170200 |
A-IO2 | 81745 | CAD5 | 09/30/2024 | 0.04267221 | - | - | 0.04267221 | - | - | 101.14170212 |
B-1 | 81745 | CAM5 | 09/30/2024 | 0.45654378 | - | 1.35388610 | 1.81042988 | - | - | 154.97357624 |
B-2 | 81745 | CAN3 | 09/30/2024 | 0.45654390 | - | 1.35388666 | 1.81043055 | - | - | 154.97357671 |
B-3 | 81745 | CAG8 | 09/30/2024 | 0.45654402 | - | 1.35388627 | 1.81043029 | - | - | 154.97357762 |
B-4 | 81745 | CAH6 | 09/30/2024 | 0.51966720 | - | - | 0.51966720 | - | - | 177.94232558 |
B-5 | 81745 | CAJ2 | 09/30/2024 | 2.92043758 | - | - | 2.92043758 | - | - | 1,000.00000000 |
LT-R | 81745 | CAL7 | 09/30/2024 | - | - | - | - | - | - | - |
R | 81745 | CAK9 | 09/30/2024 | - | - | - | - | - | - | - |
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 |
October 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 | % | 09/25-10/24 | 26,431.15 | - | - | - | 26,431.15 | - | 26,431.15 | ||
A-2 | 3.00000 | % | 3.00000 | % | 09/25-10/24 | 75,837.03 | - | - | - | 75,837.03 | - | 75,837.03 | ||
B-1 | 3.50452 | % | 3.50452 | % | 09/25-10/24 | 3,727.68 | - | - | - | 3,727.68 | - | 3,727.68 | ||
B-2 | 3.50452 | % | 3.50452 | % | 09/25-10/24 | 3,520.41 | - | - | - | 3,520.41 | - | 3,520.41 | ||
B-3 | 3.50452 | % | 3.50452 | % | 09/25-10/24 | 3,002.69 | - | - | - | 3,002.69 | - | 3,002.69 | ||
B-4 | 3.50452 | % | 3.50452 | % | 09/25-10/24 | 1,296.05 | - | - | - | 1,296.05 | - | 1,296.05 | ||
B-5 | 3.50452 | % | 3.50452 | % | 09/25-10/24 | 13,911.96 | - | - | - | 13,911.96 | - | 13,911.96 | ||
LT-R | 0.00000 | % | 0.00000 | % | 09/25-10/24 | - | - | - | - | - | - | - | ||
R | 0.00000 | % | 0.00000 | % | 09/25-10/24 | - | - | - | - | - | - | - | ||
Total | 127,726.97 | - | - | - | 127,726.97 | - | 127,726.97 | |||||||
Notional | ||||||||||||||
A-IO1 | 0.50000 | % | 0.50000 | % | 09/25-10/24 | 5,286.23 | - | - | - | 5,286.23 | - | 5,286.23 | ||
A-IO2 | 0.50452 | % | 0.50452 | % | 09/25-10/24 | 18,087.81 | - | - | - | 18,087.81 | - | 18,087.81 | ||
Total | 23,374.04 | - | - | - | 23,374.04 | - | 23,374.04 | |||||||
Grand Total | 151,101.01 | - | - | - | 151,101.01 | - | 151,101.01 |
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 |
October 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 |
October 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 | 12,686,953.63 | 42,550.34 | 1,690.54 | 44,240.88 | - | - | 12,642,712.75 | - |
A-2 | 30,334,810.67 | 101,738.90 | 4,042.11 | 105,781.01 | - | - | 30,229,029.66 | - |
B-1 | 1,276,413.73 | 10,632.07 | 422.41 | 11,054.48 | - | - | 1,265,359.25 | - |
B-2 | 1,205,441.07 | 10,040.89 | 398.93 | 10,439.82 | - | - | 1,195,001.25 | - |
B-3 | 1,028,165.73 | 8,564.25 | 340.26 | 8,904.51 | - | - | 1,019,261.22 | - |
B-4 | 443,788.16 | - | - | - | - | - | 443,788.16 | - |
B-5 | 4,763,656.00 | - | - | - | - | - | 4,763,656.00 | - |
LT-R | - | - | - | - | - | - | - | - |
R | - | - | - | - | - | - | - | - |
Total | 51,739,228.99 | 173,526.45 | 6,894.25 | 180,420.70 | - | - | 51,558,808.29 | - |
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 |
October 25, 2024 |
SOURCE OF FUNDS | ALLOCATION OF FUNDS | |||||
Interest Funds Available | Scheduled Fees | |||||
Scheduled Interest | 162,742.36 | Master Servicing Fee | 224.17 | |||
Uncompensated PPIS | 0.00 | Servicing Fee | 10,779.05 | |||
Relief Act Shortfall | 0.00 | Trustee Fee | 51.75 | |||
Losses in Excess of Principal Balance | 0.00 | Securities Administrator Fee | 586.38 | |||
Stop Advance Interest | 0.00 | |||||
Total Scheduled Fees | 11,641.35 | |||||
Other Interest Reductions | 0.00 | |||||
Additional Fees, Expenses, etc. | ||||||
Total Interest Funds Available | 162,742.36 | Trust Fund Expenses | 0.00 | |||
Principal Funds Available | Other Expenses | 0.00 | ||||
Scheduled Principal | 173,526.45 | |||||
Total Additional Fees, Expenses, etc. | - | |||||
Curtailments | 6,894.25 | |||||
Distributions | ||||||
Curtailments Adjustments | 0.00 | |||||
Interest Distribution | 151,101.01 | |||||
Prepayments in Full | 0.00 | |||||
Principal Distribution | 180,420.70 | |||||
Liquidation Principal | 0.00 | |||||
Repurchased Principal | 0.00 | Total Distributions | 331,521.71 | |||
Other Principal | 0.00 | |||||
Substitution Principal | 0.00 | |||||
Principal Losses and Forgiveness | 0.00 | |||||
Subsequent Recoveries / (Losses) | 0.00 | |||||
Total Principal Funds Available | 180,420.70 | |||||
Total Funds Available | 343,163.06 | Total Funds Allocated | 343,163.06 |
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 |
October 25, 2024 |
Deal | Initial | Beginning | Ending | Initial | Beginning | Ending | ||||
Count | 595 | 95 | 95 | Remaining Term | 359 | 223 | 222 | |||
Scheduled | 453,588,656.25 | 51,739,229.31 | 51,558,808.61 | Gross Rate | 3.83351 | % | 3.77452 | % | 3.77452 | % |
Actual | 453,588,656.25 | 51,855,696.36 | 51,685,573.21 | Net Rate | 3.56351 | % | 3.50452 | % | 3.50452 | % |
Interest Bearing | 453,588,656.25 | 51,739,229.31 | 51,558,808.61 | |||||||
Principal Collections | Realized Losses | Interest Collections | ||||||||
Scheduled Principal | 173,526.45 | Principal Losses and | Scheduled Interest | 162,742.36 | ||||||
- | ||||||||||
Forgiveness | ||||||||||
Curtailments | 6,894.25 | Less: | - | |||||||
Losses in Excess of Principal | ||||||||||
Curtailments Adjustments | - | - | Master Servicing Fee | 224.17 | ||||||
Balance | ||||||||||
Prepayments in Full | - | Subsequent (Recoveries) / | Servicing Fee | 10,779.05 | ||||||
- | ||||||||||
Losses | ||||||||||
Liquidation Principal | - | Trustee Fee | 51.75 | |||||||
Cumulative Realized Losses | - | |||||||||
Repurchased Principal | - | Securities Administrator Fee | 586.38 | |||||||
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 |
October 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 | 6,241,350.04 | 12.11 | 3.4607 | 221 |
3.51 to 4.00 | 82 | 44,321,199.41 | 85.96 | 3.8097 | 221 |
4.01 to 4.50 | 2 | 996,259.16 | 1.93 | 4.1767 | 222 |
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 | 51,558,808.61 | 100.00 | 3.7745 | 221 |
Ending Schedule Balance | |||||
Ending Schedule Balance | Asset | Ending Scheduled | % of | ||
Range | Count | Balance | Agg.Bal. | WAC | WAM |
1 to 200,000 | 2 | 276,345.83 | 0.54 | 3.7500 | 222 |
200,001 to 400,000 | 16 | 5,725,293.29 | 11.10 | 3.7668 | 221 |
400,001 to 600,000 | 48 | 24,300,707.56 | 47.13 | 3.7791 | 221 |
600,001 to 800,000 | 23 | 15,771,446.91 | 30.59 | 3.7672 | 221 |
800,001 to 1,000,000 | 4 | 3,408,991.14 | 6.61 | 3.8087 | 222 |
1,000,001 to 1,200,000 | 2 | 2,076,023.88 | 4.03 | 3.7454 | 222 |
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 | 51,558,808.61 | 100.00 | 3.7745 | 221 |
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 |
October 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 | |||||||||||||||||||
10/25/2024 | ||||||||||||||||||||||||||||||||||||
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 | |||||||||||||||||||
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 | % |
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 |
October 25, 2024 |
Wtd. Avg. | Current | ||||||||||||||||
Payment | Age | Collateral | Scheduled | Unscheduled | Liquidation | ||||||||||||
Date | (Months) | Balance | Principal | Principal | Principal | SMM | CPR | PSA | MDR | CDR | SDA | ||||||
25-Oct-2024 | 138.09 | 51,558,808.61 | 173,526.45 | 6,894.25 | - | 0.013 | % | 0.160 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
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 | % |
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 |
October 25, 2024 |
Amount Remaining Funds |
331,521.71 |
Waterfall Detail | ||
Available Distribution Amount | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -125,642.22 | 205,879.49 |
Senior Certificates, the Senior Principal Distribution Amount | -150,021.89 | 55,857.60 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,727.68 | 52,129.92 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | -11,054.48 | 41,075.44 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,520.41 | 37,555.03 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | -10,439.82 | 27,115.21 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,002.69 | 24,112.52 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | -8,904.51 | 15,208.01 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -1,296.05 | 13,911.96 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | 0.00 | 13,911.96 |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -13,911.96 | 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 |
October 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. |
October 25, 2024 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 14 of 14 | © Copyright 2024 Citigroup |