10/08/2024 | Press release | Distributed by Public on 10/08/2024 13:17
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-8 |
STATEMENT TO NOTEHOLDERS |
September 25, 2024 |
TRANSACTION PARTIES | ||
Depositor: | Sequoia Residential Funding, Inc. | |
Trustee: | Wilmington Trust, National Association | |
Master Servicer: | CitiMortgage, Inc. | |
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 2013-8 | |
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 | 393,959,000.00 | 35,094,399.64 | 3.000000 | % | 30/360 | 87,736.00 | - | 147,389.86 | 235,125.86 | - | - | 34,947,009.78 | |
A-2 | 23,528,000.00 | - | 2.250000 | % | 30/360 | - | - | - | - | - | - | - | |
A-3 | 10,000,000.00 | 2,986,719.50 | 3.000000 | % | 30/360 | 7,466.80 | - | 12,543.66 | 20,010.46 | - | - | 2,974,175.84 | |
B-1 | 9,663,000.00 | 1,449,556.71 | 3.480466 | % | 30/360 | 4,204.28 | - | 15,414.97 | 19,619.25 | - | - | 1,434,141.74 | |
B-2 | 7,593,000.00 | 1,139,033.87 | 3.480466 | % | 30/360 | 3,303.64 | - | 12,112.79 | 15,416.43 | - | - | 1,126,921.08 | |
B-3 | 6,902,000.00 | 1,035,376.22 | 3.480466 | % | 30/360 | 3,002.99 | - | 11,010.46 | 14,013.45 | - | - | 1,024,365.76 | |
B-4 | 3,681,000.00 | 719,746.62 | 3.480466 | % | 30/360 | 2,087.54 | - | - | 2,087.54 | - | - | 719,746.62 | |
B-5 | 4,832,464.00 | 4,832,464.00 | 3.480466 | % | 30/360 | 14,016.03 | - | - | 14,016.03 | - | - | 4,832,464.00 | |
R | - | - | 0.000000 | % | - | - | - | - | - | - | - | - | |
LT-R | - | - | 0.000000 | % | - | - | - | - | - | - | - | - | |
Total | 460,158,464.00 | 47,257,296.56 | 121,817.28 | - | 198,471.74 | 320,289.02 | - | - | 47,058,824.82 | ||||
Notional | |||||||||||||
A-IO1 | 23,528,000.00 | - | 0.750000 | % | 30/360 | - | - | - | - | - | - | - | |
A-IO2 | 427,487,000.00 | 38,081,119.14 | 0.480466 | % | 30/360 | 15,247.25 | - | - | 15,247.25 | - | (159,933.52 | ) | 37,921,185.62 |
Total | 451,015,000.00 | 38,081,119.14 | 15,247.25 | - | - | 15,247.25 | - | (159,933.52 | ) | 37,921,185.62 | |||
Grand Total | 911,173,464.00 | 85,338,415.70 | 137,064.53 | - | 198,471.74 | 335,536.27 | - | (159,933.52 | ) | 84,980,010.44 |
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 2013-8 |
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 | EAA7 | 08/30/2024 | 0.22270338 | - | 0.37412487 | 0.59682825 | - | - | 88.70722532 |
A-2 | 81745 | EAK5 | 08/30/2024 | - | - | - | - | - | - | - |
A-3 | 81745 | EAL3 | 08/30/2024 | 0.74668000 | - | 1.25436600 | 2.00104600 | - | - | 297.41758400 |
A-IO1 | 81745 | EAB5 | 08/30/2024 | - | - | - | - | - | - | - |
A-IO2 | 81745 | VAA9 | 08/30/2024 | 0.03566717 | - | - | 0.03566717 | - | - | 88.70722530 |
B-1 | 81745 | EAC3 | 08/30/2024 | 0.43509055 | - | 1.59525717 | 2.03034772 | - | - | 148.41578599 |
B-2 | 81745 | EAD1 | 08/30/2024 | 0.43509021 | - | 1.59525747 | 2.03034769 | - | - | 148.41578823 |
B-3 | 81745 | EAE9 | 08/30/2024 | 0.43508983 | - | 1.59525645 | 2.03034628 | - | - | 148.41578673 |
B-4 | 81745 | EAF6 | 08/30/2024 | 0.56711220 | - | - | 0.56711220 | - | - | 195.53018745 |
B-5 | 81745 | EAG4 | 08/30/2024 | 2.90038995 | - | - | 2.90038995 | - | - | 1,000.00000000 |
R | 81745 | EAH2 | 08/30/2024 | - | - | - | - | - | - | - |
LT-R | 81745 | EAJ8 | 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 2013-8 |
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 | 3.00000 | % | 3.00000 | % | 08/01-08/31 | 87,736.00 | - | - | - | 87,736.00 | - | 87,736.00 | ||
A-2 | 2.25000 | % | 2.25000 | % | 08/01-08/31 | - | - | - | - | - | - | - | ||
A-3 | 3.00000 | % | 3.00000 | % | 08/01-08/31 | 7,466.80 | - | - | - | 7,466.80 | - | 7,466.80 | ||
B-1 | 3.48047 | % | 3.48061 | % | 08/01-08/31 | 4,204.28 | - | - | - | 4,204.28 | - | 4,204.28 | ||
B-2 | 3.48047 | % | 3.48061 | % | 08/01-08/31 | 3,303.64 | - | - | - | 3,303.64 | - | 3,303.64 | ||
B-3 | 3.48047 | % | 3.48061 | % | 08/01-08/31 | 3,002.99 | - | - | - | 3,002.99 | - | 3,002.99 | ||
B-4 | 3.48047 | % | 3.48061 | % | 08/01-08/31 | 2,087.54 | - | - | - | 2,087.54 | - | 2,087.54 | ||
B-5 | 3.48047 | % | 3.48061 | % | 08/01-08/31 | 14,016.03 | - | - | - | 14,016.03 | - | 14,016.03 | ||
R | 0.00000 | % | 0.00000 | % | 08/01-08/31 | - | - | - | - | - | - | - | ||
LT-R | 0.00000 | % | 0.00000 | % | 08/01-08/31 | - | - | - | - | - | - | - | ||
Total | 121,817.28 | - | - | - | 121,817.28 | - | 121,817.28 | |||||||
Notional | ||||||||||||||
A-IO1 | 0.75000 | % | 0.75000 | % | 08/01-08/31 | - | - | - | - | - | - | - | ||
A-IO2 | 0.48047 | % | 0.48061 | % | 08/01-08/31 | 15,247.25 | - | - | - | 15,247.25 | - | 15,247.25 | ||
Total | 15,247.25 | - | - | - | 15,247.25 | - | 15,247.25 | |||||||
Grand Total | 137,064.53 | - | - | - | 137,064.53 | - | 137,064.53 |
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 2013-8 |
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 | - | - | - | - | - | - |
A-3 | - | - | - | - | - | - |
B-1 | - | - | - | - | - | - |
B-2 | - | - | - | - | - | - |
B-3 | - | - | - | - | - | - |
B-4 | - | - | - | - | - | - |
B-5 | - | 939.36 | - | - | - | 939.36 |
R | - | - | - | - | - | - |
LT-R | - | - | - | - | - | - |
Total | - | 939.36 | - | - | - | 939.36 |
Notional | ||||||
A-IO1 | - | - | - | - | - | - |
A-IO2 | - | - | - | - | - | - |
Total | - | - | - | - | - | - |
Grand Total | - | 939.36 | - | - | - | 939.36 |
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 2013-8 |
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 | 35,094,399.64 | 125,871.62 | 21,518.25 | 147,389.86 | - | - | 34,947,009.78 | - |
A-2 | - | - | - | - | - | - | - | - |
A-3 | 2,986,719.50 | 10,712.34 | 1,831.32 | 12,543.66 | - | - | 2,974,175.84 | - |
B-1 | 1,449,556.71 | 13,164.45 | 2,250.52 | 15,414.97 | - | - | 1,434,141.74 | - |
B-2 | 1,139,033.87 | 10,344.37 | 1,768.41 | 12,112.79 | - | - | 1,126,921.08 | - |
B-3 | 1,035,376.22 | 9,402.98 | 1,607.48 | 11,010.46 | - | - | 1,024,365.76 | - |
B-4 | 719,746.62 | - | - | - | - | - | 719,746.62 | - |
B-5 | 4,832,464.00 | - | - | - | - | - | 4,832,464.00 | - |
R | - | - | - | - | - | - | - | - |
LT-R | - | - | - | - | - | - | - | - |
Total | 47,257,296.56 | 169,495.76 | 28,975.98 | 198,471.74 | - | - | 47,058,824.82 | - |
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 2013-8 | |
RECONCILIATION DETAIL |
September 25, 2024 |
SOURCE OF FUNDS | ALLOCATION OF FUNDS | |||||
Interest Funds Available | Scheduled Fees | |||||
Scheduled Interest | 147,697.40 | Master Servicing Fee | 0.00 | |||
Uncompensated PPIS | 0.00 | Servicing Fee | 9,845.25 | |||
Relief Act Shortfall | 0.00 | Trustee Fee | 47.22 | |||
Losses in Excess of Principal Balance | 0.00 | Securities Adminstrator Fee | 740.40 | |||
Stop Advance Interest | 0.00 | |||||
Total Scheduled Fees | 10,632.87 | |||||
Other Interest Amounts | 0.00 | |||||
Additional Fees, Expenses, etc. | ||||||
Total Interest Funds Available | 147,697.40 | Trust Fund Expenses | 0.00 | |||
Principal Funds Available | Other Expenses | 0.00 | ||||
Scheduled Principal | 169,495.77 | |||||
Total Additional Fees, Expenses, etc. | - | |||||
Curtailments | 28,887.72 | |||||
Distributions | ||||||
Curtailments Adjustments | 88.25 | |||||
Interest Distribution | 137,064.53 | |||||
Prepayments in Full | 0.00 | |||||
Principal Distribution | 198,471.74 | |||||
Liquidation Principal | 0.00 | |||||
Repurchased Principal | 0.00 | Total Distributions | 335,536.27 | |||
Other Principal | 0.00 | |||||
Substitution Principal | 0.00 | |||||
Principal Losses and Forgiveness | 0.00 | |||||
Subsequent Recoveries / (Losses) | 0.00 | |||||
Total Principal Funds Available | 198,471.74 | |||||
Total Funds Available | 346,169.14 | Total Funds Allocated | 346,169.14 |
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 2013-8 |
COLLATERAL PERFORMANCE - POOL AND COLLECTIONS SUMMARY |
September 25, 2024 |
Deal | Initial | Beginning | Ending | Initial | Beginning | Ending | ||||
Count | 603 | 83 | 83 | Remaining Term | 357 | 222 | 221 | |||
Scheduled | 460,158,464.2 | 47,257,296.64 | 47,058,824.9 | Gross Rate | 3.83455 | % | 3.75047 | % | 3.75061 | % |
Actual | 460,158,464.2 | 47,379,304.93 | 47,162,040.56 | Net Rate | 3.56455 | % | 3.48047 | % | 3.48061 | % |
Interest Bearing | 460,158,464.2 | 47,257,296.64 | 47,058,824.9 | |||||||
Principal Collections | Realized Losses | Interest Collections | ||||||||
Scheduled Principal | 169,495.77 | Principal Losses and | Scheduled Interest | 147,697.40 | ||||||
- | ||||||||||
Forgiveness | ||||||||||
Curtailments | 28,887.72 | Less: | - | |||||||
Losses in Excess of Principal | ||||||||||
Curtailments Adjustments | 88.25 | - | Servicing Fee | 9,845.25 | ||||||
Balance | ||||||||||
Prepayments in Full | - | Subsequent (Recoveries) / | Trustee Fee | 47.22 | ||||||
- | ||||||||||
Losses | ||||||||||
Liquidation Principal | - | Securities Adminstrator Fee | 740.40 | |||||||
Cumulative Realized Losses | - | |||||||||
Repurchased Principal | - | Uncompensated PPIS | - | |||||||
Other Principal | - | Relief Act Shortfall | - | |||||||
Substitution Principal | - | Other Expenses | - | |||||||
Principal Losses and Forgiveness | - | Losses in Excess of Principal Balance | - | |||||||
Subsequent Recoveries / (Losses) | - | Stop Advance Interest | - | |||||||
Other Interest Amounts | - |
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 2013-8 | |
STRATIFICATION DETAIL |
September 25, 2024 |
Loan Rate | |||||
Asset | Ending Scheduled | % of | |||
Loan Rate Range | Count | Balance | Agg.Bal. | WAC | WAM |
3.00 or Less | 1 | 256,172.09 | 0.54 | 3.0000 | 45 |
3.01 to 3.50 | 11 | 8,493,525.26 | 18.05 | 3.4400 | 223 |
3.51 to 4.00 | 67 | 36,034,422.76 | 76.57 | 3.8033 | 222 |
4.01 to 4.50 | 4 | 2,274,704.79 | 4.83 | 4.1608 | 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 | 83 | 47,058,824.90 | 100.00 | 3.7506 | 221 |
Ending Schedule Balance | |||||
Ending Schedule Balance | Asset | Ending Scheduled | % of | ||
Range | Count | Balance | Agg.Bal. | WAC | WAM |
1 to 200,000 | 2 | 273,690.30 | 0.58 | 3.8583 | 223 |
200,001 to 400,000 | 11 | 3,901,380.22 | 8.29 | 3.7203 | 211 |
400,001 to 600,000 | 38 | 18,887,839.82 | 40.14 | 3.8057 | 220 |
600,001 to 800,000 | 22 | 14,829,058.36 | 31.51 | 3.7706 | 223 |
800,001 to 1,000,000 | 8 | 6,886,324.99 | 14.63 | 3.5976 | 223 |
1,000,001 to 1,200,000 | 1 | 1,004,428.67 | 2.13 | 3.8750 | 223 |
1,200,001 to 1,400,000 | 1 | 1,276,102.54 | 2.71 | 3.5000 | 223 |
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 | 83 | 47,058,824.90 | 100.00 | 3.7506 | 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 2013-8 |
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 | 371,470 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 429,734 | 0 | 0 | |||||||||||||||||||
09/25/2024 | ||||||||||||||||||||||||||||||||||||
1.2 | % | 0.8 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 1.2 | % | 0.9 | % | 0.0 | % | 0.0 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 431,023 | 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 | % | 1.2 | % | 0.9 | % | 0.0 | % | 0.0 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 432,308 | 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 | % | 1.2 | % | 0.9 | % | 0.0 | % | 0.0 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 433,589 | 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 | % | 1.2 | % | 0.9 | % | 0.0 | % | 0.0 | % | |
1 | 376,053 | 0 | 0 | 0 | 0 | 1 | 434,866 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
05/28/2024 | ||||||||||||||||||||||||||||||||||||
1.2 | % | 0.8 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 1.2 | % | 0.9 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | |
1 | 377,189 | 0 | 0 | 1 | 436,138 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
04/25/2024 | ||||||||||||||||||||||||||||||||||||
1.2 | % | 0.8 | % | 0.0 | % | 0.0 | % | 1.2 | % | 0.9 | % | 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 | 378,323 | 1 | 437,406 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
03/25/2024 | ||||||||||||||||||||||||||||||||||||
1.2 | % | 0.8 | % | 1.2 | % | 0.9 | % | 0.0 | % | 0.0 | % | 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 | 818,122 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
02/26/2024 | ||||||||||||||||||||||||||||||||||||
2.4 | % | 1.7 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 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 | 380,579 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
01/25/2024 | ||||||||||||||||||||||||||||||||||||
1.2 | % | 0.8 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 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 | % | |
1 | 382,821 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
11/27/2023 | ||||||||||||||||||||||||||||||||||||
1.2 | % | 0.8 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 0.0 | % | 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 | 383,937 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
10/25/2023 | ||||||||||||||||||||||||||||||||||||
0.0 | % | 0.0 | % | 1.1 | % | 0.8 | % | 0.0 | % | 0.0 | % | 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 2013-8 |
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 | 136.50 | 47,058,824.90 | 169,495.77 | 28,975.97 | - | 0.062 | % | 0.736 | % | 12 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Aug-2024 | 135.49 | 47,257,296.64 | 170,987.44 | 613,662.84 | - | 1.282 | % | 14.343 | % | 239 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jul-2024 | 134.49 | 48,041,946.92 | 172,941.75 | 73,790.75 | - | 0.153 | % | 1.825 | % | 30 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jun-2024 | 133.49 | 48,288,679.42 | 172,347.14 | 19,009.04 | - | 0.039 | % | 0.471 | % | 8 | % | 0.000 | % | 0.000 | % | 0 | % |
28-May-2024 | 132.49 | 48,480,035.60 | 171,759.43 | 17,419.37 | - | 0.036 | % | 0.430 | % | 7 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Apr-2024 | 131.49 | 48,669,214.40 | 171,185.02 | 14,123.33 | - | 0.029 | % | 0.348 | % | 6 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Mar-2024 | 130.49 | 48,854,522.75 | 170,617.84 | 12,163.47 | - | 0.025 | % | 0.298 | % | 5 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Feb-2024 | 129.49 | 49,037,304.06 | 169,967.81 | 38,469.73 | - | 0.078 | % | 0.937 | % | 16 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jan-2024 | 128.49 | 49,245,741.60 | 169,419.33 | 7,929.46 | - | 0.016 | % | 0.193 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Dec-2023 | 127.49 | 49,423,090.39 | 173,655.14 | 119,438.59 | - | 0.241 | % | 2.855 | % | 48 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Nov-2023 | 126.48 | 49,716,184.12 | 175,235.38 | 742,861.98 | - | 1.472 | % | 16.304 | % | 272 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Oct-2023 | 125.49 | 50,634,281.48 | 177,389.09 | 911,365.26 | - | 1.768 | % | 19.271 | % | 321 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Sep-2023 | 124.49 | 51,723,035.83 | 176,785.44 | 18,264.51 | - | 0.035 | % | 0.423 | % | 7 | % | 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 2013-8 | |
ADDITIONAL REPORTING |
September 25, 2024 |
Amount Remaining Funds |
335,536.27 |
Waterfall Detail | ||
Available Distribution Amount | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -110,450.05 | 225,086.22 |
Senior Certificates, the Senior Principal Distribution Amount | -159,933.52 | 65,152.70 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -4,204.28 | 60,948.42 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | -15,414.97 | 45,533.45 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,303.64 | 42,229.81 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | -12,112.79 | 30,117.02 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,002.99 | 27,114.03 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | -11,010.46 | 16,103.57 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -2,087.54 | 14,016.03 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | 0.00 | 14,016.03 |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -14,016.03 | 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 2013-8 | |
OTHER INFORMATION |
September 25, 2024 |
Principal Percentages | ||
Beginning Senior Percentage | 80.582517 | % |
Beginning Subordinate Percentage | 19.417483 | % |
Senior Prepayment Percentage | 80.582517 | % |
Subordinate Prepayment Percentage | 19.417483 | % |
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 2013-8 | |
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 |