Sequoia Mortgage Trust 2013 2
Sequoia Mortgage Trust 2013 2
06/05/2024 | Press release | Distributed by Public on 06/05/2024 22:18
Asset-Backed Issuer Distribution Report - Form 10-D
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 |
| 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: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| 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 | 619,163,000.00 | 47,159,819.03 | 1.874000 | % | 30 / 360 | 03/01 - 03/31 | 73,647.92 | 751,168.04 | 824,815.96 | 0.00 | 0.00 | 46,408,650.99 | ||||||||||||
| B-1 | 14,654,000.00 | 1,766,339.34 | 3.635763 | % | 30 / 360 | 03/01 - 03/31 | 5,351.66 | 67,319.45 | 72,671.11 | 0.00 | 0.00 | 1,699,019.89 | ||||||||||||
| B-2 | 12,657,000.00 | 1,525,628.31 | 3.635763 | % | 30 / 360 | 03/01 - 03/31 | 4,622.35 | 58,145.38 | 62,767.73 | 0.00 | 0.00 | 1,467,482.93 | ||||||||||||
| B-3 | 6,661,000.00 | 802,892.47 | 3.635763 | % | 30 / 360 | 03/01 - 03/31 | 2,432.61 | 30,600.17 | 33,032.78 | 0.00 | 0.00 | 772,292.30 | ||||||||||||
| B-4 | 5,662,000.00 | 682,476.69 | 3.635763 | % | 30 / 360 | 03/01 - 03/31 | 2,067.77 | 26,010.83 | 28,078.60 | 0.00 | 0.00 | 656,465.86 | ||||||||||||
| B-5 | 7,328,404.00 | 6,653,745.04 | 3.635763 | % | 30 / 360 | 03/01 - 03/31 | 20,159.52 | 0.00 | 20,159.52 | 0.00 | 0.00 | 6,653,745.04 | ||||||||||||
| 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 | 666,125,404.00 | 58,590,900.88 | 108,281.83 | 933,243.87 | 1,041,525.70 | 0.00 | 0.00 | 57,657,657.01 |
| Notional Classes | ||||||||||||
| A-IO1 | 619,163,000.00 | 47,159,819.03 | 0.626000 | % | 30 / 360 | 03/01 - 03/31 | 24,601.71 | 0.00 | 24,601.71 | 0.00 | 0.00 | 46,408,650.99 |
| A-IO2 | 619,163,000.00 | 47,159,819.03 | 1.135763 | % | 30 / 360 | 03/01 - 03/31 | 44,635.32 | 0.00 | 44,635.32 | 0.00 | 0.00 | 46,408,650.99 |
| Totals | 1,238,326,000.00 | 94,319,638.06 | 69,237.03 | 0.00 | 69,237.03 | 0.00 | 0.00 | 92,817,301.98 |
| Reports Available at | sf.citidirect.com | Page 2 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| 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 | 81745 | MAA9 | 3/29/2024 | 76.167050 | 0.118948 | 1.213199 | 1.332147 | 0.000000 | 0.000000 | 74.953851 |
| B-1 | 81745 | MAD3 | 3/29/2024 | 120.536327 | 0.365201 | 4.593930 | 4.959131 | 0.000000 | 0.000000 | 115.942397 |
| B-2 | 81745 | MAE1 | 3/29/2024 | 120.536329 | 0.365201 | 4.593931 | 4.959132 | 0.000000 | 0.000000 | 115.942398 |
| B-3 | 81745 | MAF8 | 3/29/2024 | 120.536326 | 0.365202 | 4.593930 | 4.959132 | 0.000000 | 0.000000 | 115.942396 |
| B-4 | 81745 | MAG6 | 3/29/2024 | 120.536328 | 0.365201 | 4.593930 | 4.959131 | 0.000000 | 0.000000 | 115.942398 |
| B-5 | 81745 | MAH4 | 3/29/2024 | 907.939169 | 2.750875 | 0.000000 | 2.750875 | 0.000000 | 0.000000 | 907.939169 |
| LT-R | 81745 | MAK7 | 3/29/2024 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
| R | 81745 | MAJ0 | 3/29/2024 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
| A-IO1 | 81745 | MAB7 | 3/29/2024 | 76.167050 | 0.039734 | 0.000000 | 0.039734 | 0.000000 | 0.000000 | 74.953851 |
| A-IO2 | 81745 | MAC5 | 3/29/2024 | 76.167050 | 0.072090 | 0.000000 | 0.072090 | 0.000000 | 0.000000 | 74.953851 |
| Reports Available at | sf.citidirect.com | Page 3 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| 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 | 47,159,819.03 | 1.874000 | % | 1.874000 | % | 30 / 360 | 73,647.92 | 0.00 | 0.00 | 0.00 | 73,647.92 | 0.00 | 73,647.92 | 0.00 | |||||||||||
| B-1 | 1,766,339.34 | 3.635763 | % | 3.634713 | % | 30 / 360 | 5,351.66 | 0.00 | 0.00 | 0.00 | 5,351.66 | 0.00 | 5,351.66 | 0.00 | |||||||||||
| B-2 | 1,525,628.31 | 3.635763 | % | 3.634713 | % | 30 / 360 | 4,622.35 | 0.00 | 0.00 | 0.00 | 4,622.35 | 0.00 | 4,622.35 | 0.00 | |||||||||||
| B-3 | 802,892.47 | 3.635763 | % | 3.634713 | % | 30 / 360 | 2,432.61 | 0.00 | 0.00 | 0.00 | 2,432.61 | 0.00 | 2,432.61 | 0.00 | |||||||||||
| B-4 | 682,476.69 | 3.635763 | % | 3.634713 | % | 30 / 360 | 2,067.77 | 0.00 | 0.00 | 0.00 | 2,067.77 | 0.00 | 2,067.77 | 0.00 | |||||||||||
| B-5 | 6,653,745.04 | 3.635763 | % | 3.634713 | % | 30 / 360 | 20,159.52 | 258.65 | 0.00 | 0.00 | 20,418.17 | 0.00 | 20,159.52 | 258.65 | |||||||||||
| 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 | 58,590,900.88 | 108,281.83 | 258.65 | 0.00 | 0.00 | 108,540.48 | 0.00 | 108,281.83 | 258.65 |
| Notional Classes | ||||||||||||||
| A-IO1 | 47,159,819.03 | 0.626000 | % | 0.626000 | % | 30 / 360 | 24,601.71 | 0.00 | 0.00 | 0.00 | 24,601.71 | 0.00 | 24,601.71 | 0.00 |
| A-IO2 | 47,159,819.03 | 1.135763 | % | 1.134713 | % | 30 / 360 | 44,635.32 | 0.00 | 0.00 | 0.00 | 44,635.32 | 0.00 | 44,635.32 | 0.00 |
| Totals | 94,319,638.06 | 69,237.03 | 0.00 | 0.00 | 0.00 | 69,237.03 | 0.00 | 69,237.03 | 0.00 |
| Reports Available at | sf.citidirect.com | Page 4 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| 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 | 619,163,000.00 | 47,159,819.03 | 178,458.44 | 572,709.60 | 0.00 | 0.00 | 0.00 | 46,408,650.99 | 0.00 | 92.95 | % | 80.49 | % | 7.05 | % | 19.51 | % | |||||||||||
| B-1 | 14,654,000.00 | 1,766,339.34 | 15,993.39 | 51,326.06 | 0.00 | 0.00 | 0.00 | 1,699,019.89 | 0.00 | 2.20 | % | 2.95 | % | 4.85 | % | 16.56 | % | |||||||||||
| B-2 | 12,657,000.00 | 1,525,628.31 | 13,813.86 | 44,331.52 | 0.00 | 0.00 | 0.00 | 1,467,482.93 | 0.00 | 1.90 | % | 2.55 | % | 2.95 | % | 14.02 | % | |||||||||||
| B-3 | 6,661,000.00 | 802,892.47 | 7,269.82 | 23,330.35 | 0.00 | 0.00 | 0.00 | 772,292.30 | 0.00 | 1.00 | % | 1.34 | % | 1.95 | % | 12.68 | % | |||||||||||
| B-4 | 5,662,000.00 | 682,476.69 | 6,179.51 | 19,831.32 | 0.00 | 0.00 | 0.00 | 656,465.86 | 0.00 | 0.85 | % | 1.14 | % | 1.10 | % | 11.54 | % | |||||||||||
| B-5 | 7,328,404.00 | 6,653,745.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6,653,745.04 | 0.00 | 1.10 | % | 11.54 | % | 0.00 | % | 0.00 | % | |||||||||||
| Totals | 666,125,404.00 | 58,590,900.88 | 221,715.02 | 711,528.85 | 0.00 | 0.00 | 0.00 | 57,657,657.01 | 0.00 | 100 | % | 100 | % |
| Reports Available at | sf.citidirect.com | Page 5 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| Reconciliation Detail |
| SOURCE OF FUNDS | |||
| Interest Funds Available | |||
| Scheduled Interest | 190,408.77 | ||
| 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: | 190,408.77 | ||
| Principal Funds Available | |||
| Scheduled Principal | 221,715.03 | ||
| Curtailments | 94,398.92 | ||
| Curtailments Adjustments | 0.00 | ||
| Prepayments in Full | 617,129.92 | ||
| 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: | 933,243.87 | ||
| Total Funds Available | 1,123,652.64 |
| ALLOCATION OF FUNDS | ||
| Scheduled Fees | ||
| Master Servicing Fee | 178.20 | |
| Servicing Fee | 12,206.39 | |
| Trustee Fee | 41.48 | |
| Securities Administrator Fee | 463.84 | |
| Total Scheduled Fees: | 12,889.91 | |
| Additional Fees, Expenses, etc. | ||
| Trust Fund Expenses | 0.00 | |
| Other Expenses | 0.00 | |
| Total Additional Fees, Expenses, etc.: | 0.00 | |
| Distributions | ||
| Interest Distribution | 177,518.86 | |
| Principal Distribution | 933,243.87 | |
| Total Distributions: | 1,110,762.73 | |
| Total Funds Allocated | 1,123,652.64 |
| Reports Available at | sf.citidirect.com | Page 6 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| Collateral Summary |
| ASSET CHARACTERISTICS | ||||||||
| Cut-Off | Beginning | Ending | Delta or % of Orig | |||||
| Aggregate Stated Principal Balance | 666,125,404.69 | 58,590,900.99 | 57,657,657.12 | 8.66 | % | |||
| Aggregate Actual Principal Balance | 666,125,404.69 | 58,828,415.81 | 57,900,783.26 | 8.69 | % | |||
| Loan Count | 777 | 108 | 107 | 670 | ||||
| Weighted Average Coupon Rate (WAC) | 3.946533 | % | 3.899761 | % | 3.898713 | % | -0.047820 | % |
| Net Weighted Average Coupon Rate (Net WAC) | 3.682533 | % | 3.635761 | % | 3.634713 | % | -0.047820 | % |
| Weighted Average Remaining Term (WART in months) | 353 | 222 | 221 | 132 |
| AVAILABLE PRINCIPAL | |
| Scheduled Principal | 221,715.03 |
| Curtailments | 94,398.92 |
| Curtailments Adjustments | 0.00 |
| Prepayments in Full | 617,129.92 |
| 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 | 933,243.87 |
| 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 | 190,408.77 | |
| Less: | Master Servicing Fee | 178.20 |
| Servicing Fee | 12,206.39 | |
| Trustee Fee | 41.48 | |
| Securities Administrator Fee | 463.84 | |
| 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 | 177,518.86 |
| Reports Available at | sf.citidirect.com | Page 7 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| 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 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
| 3.26 to 3.50 | 10 | 4,656,680.50 | 8.08 | 3.4364 | 214 | |
| 3.51 to 3.75 | 19 | 12,128,144.14 | 21.03 | 3.6994 | 223 | |
| 3.76 to 4.00 | 46 | 26,175,951.70 | 45.40 | 3.8951 | 221 | |
| 4.01 to 4.25 | 24 | 11,218,139.97 | 19.46 | 4.1512 | 219 | |
| 4.26 to 4.50 | 4 | 2,189,669.24 | 3.80 | 4.3117 | 221 | |
| 4.51 to 4.75 | 4 | 1,289,071.57 | 2.24 | 4.6185 | 220 | |
| 4.76 to 5.00 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
| 5.01 to 5.25 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
| 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 | 107 | 57,657,657.12 | 100.00 | 3.8987 | 220 |
| Ending Scheduled Balance | |||||
| Ending Sched | # of | Ending Sched | % of Agg | ||
| Balance | Loans | Balance | Balance | WAC | WART |
| 1 to 150,000 | 8 | 904,667.10 | 1.57 | 4.1491 | 217 |
| 150,001 to 300,000 | 17 | 3,726,852.39 | 6.46 | 3.9328 | 193 |
| 300,001 to 450,000 | 20 | 7,865,057.35 | 13.64 | 3.9243 | 224 |
| 450,001 to 600,000 | 23 | 11,952,365.01 | 20.73 | 3.9337 | 223 |
| 600,001 to 750,000 | 16 | 11,065,671.60 | 19.19 | 3.8963 | 222 |
| 750,001 to 900,000 | 14 | 11,745,824.56 | 20.37 | 3.8540 | 223 |
| 900,001 to 1,050,000 | 4 | 3,846,753.24 | 6.67 | 3.9371 | 222 |
| 1,050,001 to 1,200,000 | 1 | 1,094,335.82 | 1.90 | 3.8000 | 223 |
| 1,200,001 to 1,350,000 | 2 | 2,558,868.24 | 4.44 | 3.7209 | 221 |
| 1,350,001 to 1,500,000 | 2 | 2,897,261.81 | 5.02 | 3.8966 | 221 |
| Totals | 107 | 57,657,657.12 | 100.00 | 3.8987 | 220 |
| Reports Available at | sf.citidirect.com | Page 8 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| 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 | 472,726.09 | 1 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 472,726.09 | 1 | ||||||||||
| 0.819884 | % | 0.9 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.819884 | % | 0.9 | % | |||||
| 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 | 0.00 | 0 | 120-149 | 0.00 | 0 | 120-149 | 0.00 | 0 | 120-149 | 0.00 | 0 | 120-149 | 0.00 | 0 | ||||||||||
| 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||
| 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+ | 812,830.76 | 1 | 180+ | 0.00 | 0 | 180+ | 0.00 | 0 | 180+ | 812,830.76 | 1 | ||||||||||
| 0.000000 | % | 0.0 | % | 1.409753 | % | 0.9 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 1.409753 | % | 0.9 | % | |||||
| Total | 472,726.09 | 1 | Total | 812,830.76 | 1 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 1,285,556.85 | 2 | ||||||||||
| 0.819884 | % | 0.9 | % | 1.409753 | % | 0.9 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 2.229638 | % | 1.9 | % |
| Principal and Interest Advances | N/A |
| Reports Available at | sf.citidirect.com | Page 9 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| 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 | ||||||||||||||
| 04/2024 | 472,726 | 1 | 0 | 0 | 0 | 0 | 812,831 | 1 | 0 | 0 | 0 | 0 | 1,285,557 | 2 | ||||||||||||||
| 0.820 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.410 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.230 | % | 1.9 | % | |
| 03/2024 | 474,137 | 1 | 0 | 0 | 0 | 0 | 815,150 | 1 | 0 | 0 | 0 | 0 | 1,289,287 | 2 | ||||||||||||||
| 0.809 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.391 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.200 | % | 1.9 | % | |
| 02/2024 | 0 | 0 | 0 | 0 | 817,461 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 817,461 | 1 | ||||||||||||||
| 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.363 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.363 | % | 0.9 | % | |
| 01/2024 | 476,943 | 1 | 0 | 0 | 819,763 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1,296,705 | 2 | ||||||||||||||
| 0.792 | % | 0.9 | % | 0.000 | % | 0.0 | % | 1.361 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.154 | % | 1.8 | % | |
| 12/2023 | 478,338 | 1 | 0 | 0 | 822,056 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1,300,394 | 2 | ||||||||||||||
| 0.791 | % | 0.9 | % | 0.000 | % | 0.0 | % | 1.360 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.151 | % | 1.8 | % | |
| 11/2023 | 0 | 0 | 824,161 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 824,161 | 1 | ||||||||||||||
| 0.000 | % | 0.0 | % | 1.358 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.358 | % | 0.9 | % | |
| 10/2023 | 498,470 | 1 | 826,437 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,324,907 | 2 | ||||||||||||||
| 0.818 | % | 0.9 | % | 1.356 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.174 | % | 1.8 | % | |
| 09/2023 | 500,065 | 1 | 828,704 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,328,769 | 2 | ||||||||||||||
| 0.817 | % | 0.9 | % | 1.354 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.171 | % | 1.8 | % | |
| 08/2023 | 501,655 | 1 | 830,963 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,332,618 | 2 | ||||||||||||||
| 0.816 | % | 0.9 | % | 1.352 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.168 | % | 1.8 | % | |
| 07/2023 | 0 | 0 | 833,213 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 833,213 | 1 | ||||||||||||||
| 0.000 | % | 0.0 | % | 1.350 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.350 | % | 0.9 | % | |
| 06/2023 | 0 | 0 | 0 | 0 | 835,455 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 835,455 | 1 | ||||||||||||||
| 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.338 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.338 | % | 0.9 | % | |
| 05/2023 | 0 | 0 | 0 | 0 | 837,688 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 837,688 | 1 | ||||||||||||||
| 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.324 | % | 0.9 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.324 | % | 0.9 | % |
| Reports Available at | sf.citidirect.com | Page 10 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| 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-Apr-2024 | 137.83 | 57,657,657.12 | 221,715.03 | 711,528.84 | 0.00 | 1.219 | % | 13.686 | % | 228 | % | 0.000 | % | 0.000 | % | 0 | % |
| 25-Mar-2024 | 136.81 | 58,590,900.99 | 224,351.49 | 1,147,521.14 | 0.00 | 1.921 | % | 20.765 | % | 346 | % | 0.000 | % | 0.000 | % | 0 | % |
| 26-Feb-2024 | 135.78 | 59,962,773.62 | 223,541.86 | 26,071.33 | 0.00 | 0.043 | % | 0.520 | % | 9 | % | 0.000 | % | 0.000 | % | 0 | % |
| 25-Jan-2024 | 134.78 | 60,212,386.81 | 222,739.68 | 24,433.79 | 0.00 | 0.041 | % | 0.486 | % | 8 | % | 0.000 | % | 0.000 | % | 0 | % |
| 26-Dec-2023 | 133.78 | 60,459,560.28 | 221,932.30 | 27,022.73 | 0.00 | 0.045 | % | 0.535 | % | 9 | % | 0.000 | % | 0.000 | % | 0 | % |
| 27-Nov-2023 | 132.78 | 60,708,515.31 | 221,133.33 | 25,242.34 | 0.00 | 0.042 | % | 0.498 | % | 8 | % | 0.000 | % | 0.000 | % | 0 | % |
| 25-Oct-2023 | 131.78 | 60,954,890.98 | 220,339.14 | 24,499.57 | 0.00 | 0.040 | % | 0.481 | % | 8 | % | 0.000 | % | 0.000 | % | 0 | % |
| 25-Sep-2023 | 130.78 | 61,199,729.69 | 219,507.50 | 36,683.59 | 0.00 | 0.060 | % | 0.716 | % | 12 | % | 0.000 | % | 0.000 | % | 0 | % |
| 25-Aug-2023 | 129.78 | 61,455,920.78 | 218,693.49 | 32,437.73 | 0.00 | 0.053 | % | 0.631 | % | 11 | % | 0.000 | % | 0.000 | % | 0 | % |
| 25-Jul-2023 | 128.77 | 61,707,052.00 | 219,317.54 | 532,854.99 | 0.00 | 0.856 | % | 9.803 | % | 163 | % | 0.000 | % | 0.000 | % | 0 | % |
| 26-Jun-2023 | 127.77 | 62,459,224.53 | 220,208.92 | 609,367.08 | 0.00 | 0.966 | % | 10.998 | % | 183 | % | 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: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| Waterfall Detail |
| Remaining | |||
| DISTRIBUTIONS | Amount | Available | |
| Distributed | Funds | ||
| Available Distribution Amount | 1,110,762.73 | ||
| Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (142,884.95 | ) | 967,877.78 |
| Senior Certificates, the Senior Principal Distribution Amount | (751,168.04 | ) | 216,709.74 |
| Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (5,351.66 | ) | 211,358.08 |
| Class B-1 Certificates, the Subordinate Principal Distribution Amount | (67,319.45 | ) | 144,038.63 |
| Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (4,622.35 | ) | 139,416.28 |
| Class B-2 Certificates, the Subordinate Principal Distribution Amount | (58,145.38 | ) | 81,270.90 |
| Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (2,432.61 | ) | 78,838.29 |
| Class B-3 Certificates, the Subordinate Principal Distribution Amount | (30,600.17 | ) | 48,238.12 |
| Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (2,067.77 | ) | 46,170.35 |
| Class B-4 Certificates, the Subordinate Principal Distribution Amount | (26,010.83 | ) | 20,159.52 |
| Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (20,159.52 | ) | 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: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| Other Information |
| Principal Percentages | ||
| Senior Percentage | 80.490005 | % |
| Subordinate Percentage | 19.509995 | % |
| Senior Prepayment Percentage | 80.490005 | % |
| Subordinate Prepayment Percentage | 19.509995 | % |
| Other Information | ||
| Step-Down Test satisfied? | Yes |
| Reports Available at | sf.citidirect.com | Page 13 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| 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 | |
| 0000000048034045 | 04/01/2024 | Voluntary Prepayment | 820,000.00 | 618,981.46 | 618,981.46 | 0.00 | 0.00 | 4.00000 | % | 80.00 | 360 | NY |
| Reports Available at | sf.citidirect.com | Page 14 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| 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: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| 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: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| 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: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-2 | ||
| 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 |