Sequoia Mortgage Trust 2013 3
05/06/2024 | Press release | Distributed by Public on 05/06/2024 09:28
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 2013-3 |
| CONTACT INFORMATION | |
| Depositor | Sequoia Residential Funding, Inc. |
| Trustee | Christiana Trust |
| Master Servicer | Wells Fargo Bank, N.A. |
| CONTENTS | |
| Distribution Summary | 2 |
| Distribution Summary (Factors) | 3 |
| Interest Distribution | 4 |
| Principal Distribution | 5 |
| Reconciliation Detail | 6 |
| Collateral Summary | 7 |
| Stratification Detail | 8 |
| Delinquency Information | 9 |
| Standard Prepayment and Default Information | 11 |
| Distribution Waterfall Detail | 12 |
| Other Information | 13 |
| Asset Level Detail | 14 |
| Deal Contact: | Karen Schluter | Citibank, N.A. |
| [email protected] | Agency and Trust | |
| Tel: (212) 816-5827 | 388 Greenwich Street | |
| New York, NY 10013 |
| Reports Available at | sf.citidirect.com | Page 1 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-3 | ||
| DISTRIBUTION IN DOLLARS | Distribution Summary |
| Prior | Pass- | Current | ||||||||||||||||||||||
| Original | Principal | Through | Accrual | Accrual | Interest | Principal | Total | Balance | Realized | Principal | ||||||||||||||
| Class | Balance | Balance | Rate | Day Count | Dates | Distributed | Distributed | Distributed | Change | Loss | Balance | |||||||||||||
| (1 | ) | (2 | ) | (3 | ) | (4 | ) | (5 | ) | (6 | ) | (7 | ) | (8 | ) | (9)= | (7 | +8) | (10 | ) | (11 | ) | (12)= | (3-8+10-11) |
| A-1 | 150,196,000.00 | 16,194,757.40 | 2.000000 | % | 30 / 360 | 03/01 - 03/31 | 26,991.26 | 186,511.62 | 213,502.88 | 0.00 | 0.00 | 16,008,245.78 | ||||||||||||
| A-2 | 411,000,000.00 | 44,315,729.32 | 2.500000 | % | 30 / 360 | 03/01 - 03/31 | 92,324.44 | 510,374.96 | 602,699.40 | 0.00 | 0.00 | 43,805,354.36 | ||||||||||||
| B-1 | 11,404,000.00 | 2,014,606.06 | 3.529572 | % | 30 / 360 | 03/01 - 03/31 | 5,925.58 | 47,491.93 | 53,417.51 | 0.00 | 0.00 | 1,967,114.13 | ||||||||||||
| B-2 | 9,904,000.00 | 1,749,619.27 | 3.529572 | % | 30 / 360 | 03/01 - 03/31 | 5,146.17 | 41,245.18 | 46,391.35 | 0.00 | 0.00 | 1,708,374.09 | ||||||||||||
| B-3 | 8,102,000.00 | 1,431,281.83 | 3.529572 | % | 30 / 360 | 03/01 - 03/31 | 4,209.84 | 33,740.76 | 37,950.60 | 0.00 | 0.00 | 1,397,541.07 | ||||||||||||
| B-4 | 3,001,000.00 | 530,150.19 | 3.529572 | % | 30 / 360 | 03/01 - 03/31 | 1,559.34 | 12,497.66 | 14,057.00 | 0.00 | 0.00 | 517,652.53 | ||||||||||||
| B-5 | 6,603,241.00 | 5,994,232.85 | 3.529572 | % | 30 / 360 | 03/01 - 03/31 | 17,630.89 | 0.00 | 17,630.89 | 0.00 | 0.00 | 5,994,232.85 | ||||||||||||
| LT-R | 0.00 | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
| R | 0.00 | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
| Totals | 600,210,241.00 | 72,230,376.92 | 153,787.52 | 831,862.11 | 985,649.63 | 0.00 | 0.00 | 71,398,514.81 |
| Notional Classes | ||||||||||||
| A-IO1 | 150,196,000.00 | 16,194,757.40 | 0.500000 | % | 30 / 360 | 03/01 - 03/31 | 6,747.82 | 0.00 | 6,747.82 | 0.00 | 0.00 | 16,008,245.78 |
| A-IO2 | 561,196,000.00 | 60,510,486.72 | 1.029572 | % | 30 / 360 | 03/01 - 03/31 | 51,916.59 | 0.00 | 51,916.59 | 0.00 | 0.00 | 59,813,600.13 |
| Totals | 711,392,000.00 | 76,705,244.12 | 58,664.41 | 0.00 | 58,664.41 | 0.00 | 0.00 | 75,821,845.91 |
| 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 2013-3 | ||
| PER $1,000 OF ORIGINAL BALANCE | Distribution Summary (Factors) |
| Prior | Current | |||||||||
| Record | Principal | Interest | Principal | Total | Balance | Realized | Principal | |||
| Class | CUSIP(s) | Date | Balance | Distributed | Distributed | Distributed | Change | Loss | Balance | |
| (3/2 x 1000) | (7/2 x 1000) | (8/2 x 1000) | (9/2 x 1000) | (10/2 x 1000) | (11/2 x 1000) | (12/2 x 1000) | ||||
| A-1 | 81745 | RAA8 | 3/29/2024 | 107.824159 | 0.179707 | 1.241788 | 1.421495 | 0.000000 | 0.000000 | 106.582371 |
| A-2 | 81745 | RAB6 | 3/29/2024 | 107.824159 | 0.224634 | 1.241788 | 1.466422 | 0.000000 | 0.000000 | 106.582371 |
| B-1 | 81745 | RAG5 | 3/29/2024 | 176.657845 | 0.519605 | 4.164498 | 4.684103 | 0.000000 | 0.000000 | 172.493347 |
| B-2 | 81745 | RAH3 | 3/29/2024 | 176.657842 | 0.519605 | 4.164497 | 4.684102 | 0.000000 | 0.000000 | 172.493345 |
| B-3 | 81745 | RAJ9 | 3/29/2024 | 176.657841 | 0.519605 | 4.164498 | 4.684103 | 0.000000 | 0.000000 | 172.493344 |
| B-4 | 81745 | RAK6 | 3/29/2024 | 176.657844 | 0.519607 | 4.164499 | 4.684105 | 0.000000 | 0.000000 | 172.493346 |
| B-5 | 81745 | RAL4 | 3/29/2024 | 907.771328 | 2.670036 | 0.000000 | 2.670036 | 0.000000 | 0.000000 | 907.771328 |
| LT-R | 81745 | RAN0 | 3/29/2024 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
| R | 81745 | RAM2 | 3/29/2024 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
| A-IO1 | 81745 | RAD2 | 3/29/2024 | 107.824159 | 0.044927 | 0.000000 | 0.044927 | 0.000000 | 0.000000 | 106.582371 |
| A-IO2 | 81745 | RAE0 | 3/29/2024 | 107.824159 | 0.092511 | 0.000000 | 0.092511 | 0.000000 | 0.000000 | 106.582371 |
| 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 2013-3 | ||
| DISTRIBUTION IN DOLLARS | Interest Distribution Detail |
| Prior | Pass- | Next Pass- | Interest | Optimal | Prior | Interest on | Non-Recov. | Current | |||||||||||||||||
| Principal | Through | Through | Accrual Day | Accrued | Unpaid | Prior Unpaid | Interest | Interest | Deferred | Interest | Unpaid | ||||||||||||||
| Class | Balance | Rate | Rate | Cnt Fraction | Interest | Interest | Interest | Shortfall | Due | Interest | Distributed | Interest | |||||||||||||
| (1 | ) | (2 | ) | (3 | ) | (4 | ) | (5 | ) | (6 | ) | (7 | ) | (8 | ) | (9 | ) | (10)= | (6)+(7)+(8)-(9) | (11 | ) | (12 | ) | (13)= | (10)-(11)-(12) |
| A-1 | 16,194,757.40 | 2.000000 | % | 2.000000 | % | 30 / 360 | 26,991.26 | 0.00 | 0.00 | 0.00 | 26,991.26 | 0.00 | 26,991.26 | 0.00 | |||||||||||
| A-2 | 44,315,729.32 | 2.500000 | % | 2.500000 | % | 30 / 360 | 92,324.44 | 0.00 | 0.00 | 0.00 | 92,324.44 | 0.00 | 92,324.44 | 0.00 | |||||||||||
| B-1 | 2,014,606.06 | 3.529572 | % | 3.530637 | % | 30 / 360 | 5,925.58 | 0.00 | 0.00 | 0.00 | 5,925.58 | 0.00 | 5,925.58 | 0.00 | |||||||||||
| B-2 | 1,749,619.27 | 3.529572 | % | 3.530637 | % | 30 / 360 | 5,146.17 | 0.00 | 0.00 | 0.00 | 5,146.17 | 0.00 | 5,146.17 | 0.00 | |||||||||||
| B-3 | 1,431,281.83 | 3.529572 | % | 3.530637 | % | 30 / 360 | 4,209.84 | 0.00 | 0.00 | 0.00 | 4,209.84 | 0.00 | 4,209.84 | 0.00 | |||||||||||
| B-4 | 530,150.19 | 3.529572 | % | 3.530637 | % | 30 / 360 | 1,559.34 | 0.00 | 0.00 | 0.00 | 1,559.34 | 0.00 | 1,559.34 | 0.00 | |||||||||||
| B-5 | 5,994,232.85 | 3.529572 | % | 3.530637 | % | 30 / 360 | 17,630.90 | 260.15 | 0.00 | 0.00 | 17,891.05 | 0.00 | 17,630.89 | 260.16 | |||||||||||
| LT-R | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
| R | 0.00 | 0.000000 | % | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||
| Totals | 72,230,376.92 | 153,787.53 | 260.15 | 0.00 | 0.00 | 154,047.68 | 0.00 | 153,787.52 | 260.16 |
| Notional Classes | ||||||||||||||
| A-IO1 | 16,194,757.40 | 0.500000 | % | 0.500000 | % | 30 / 360 | 6,747.82 | 0.00 | 0.00 | 0.00 | 6,747.82 | 0.00 | 6,747.82 | 0.00 |
| A-IO2 | 60,510,486.72 | 1.029572 | % | 1.030637 | % | 30 / 360 | 51,916.59 | 0.00 | 0.00 | 0.00 | 51,916.59 | 0.00 | 51,916.59 | 0.00 |
| Totals | 76,705,244.12 | 58,664.41 | 0.00 | 0.00 | 0.00 | 58,664.41 | 0.00 | 58,664.41 | 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 2013-3 | ||
| DISTRIBUTION IN DOLLARS | Principal Distribution Detail |
| Prior | Scheduled | Unscheduled | Current | Current | Current | Cumulative | Original | Current | Original | Current | ||||||||||||||||||
| Original | Principal | Principal | Principal | Balance | Realized | Principal | Principal | Realized | Class | Class | Credit | Credit | ||||||||||||||||
| Class | Balance | Balance | Distribution | Distribution | Change | Losses | Recoveries | Balance | Losses | (%) | (%) | Support Support | ||||||||||||||||
| (1 | ) | (2 | ) | (3 | ) | (4 | ) | (5 | ) | (6 | ) | (7 | ) | (8 | ) | (9)= | (3)-(4)-(5)+(6)- | (10 | ) | (11 | ) | (12 | ) | (13 | ) | (14 | ) | |
| (7)+ | (8 | ) | ||||||||||||||||||||||||||
| A-1 | 150,196,000.00 | 16,194,757.40 | 54,745.31 | 131,766.32 | 0.00 | 0.00 | 0.00 | 16,008,245.78 | 0.00 | 25.02 | % | 22.42 | % | 6.50 | % | 16.23 | % | |||||||||||
| A-2 | 411,000,000.00 | 44,315,729.32 | 149,806.40 | 360,568.56 | 0.00 | 0.00 | 0.00 | 43,805,354.36 | 0.00 | 68.48 | % | 61.35 | % | 6.50 | % | 16.23 | % | |||||||||||
| B-1 | 11,404,000.00 | 2,014,606.06 | 13,939.94 | 33,551.99 | 0.00 | 0.00 | 0.00 | 1,967,114.13 | 0.00 | 1.90 | % | 2.76 | % | 4.60 | % | 13.47 | % | |||||||||||
| B-2 | 9,904,000.00 | 1,749,619.27 | 12,106.38 | 29,138.80 | 0.00 | 0.00 | 0.00 | 1,708,374.09 | 0.00 | 1.65 | % | 2.39 | % | 2.95 | % | 11.08 | % | |||||||||||
| B-3 | 8,102,000.00 | 1,431,281.83 | 9,903.66 | 23,837.10 | 0.00 | 0.00 | 0.00 | 1,397,541.07 | 0.00 | 1.35 | % | 1.96 | % | 1.60 | % | 9.12 | % | |||||||||||
| B-4 | 3,001,000.00 | 530,150.19 | 3,668.34 | 8,829.32 | 0.00 | 0.00 | 0.00 | 517,652.53 | 0.00 | 0.50 | % | 0.73 | % | 1.10 | % | 8.40 | % | |||||||||||
| B-5 | 6,603,241.00 | 5,994,232.85 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5,994,232.85 | 0.00 | 1.10 | % | 8.40 | % | 0.00 | % | 0.00 | % | |||||||||||
| Totals | 600,210,241.00 | 72,230,376.92 | 244,170.03 | 587,692.09 | 0.00 | 0.00 | 0.00 | 71,398,514.81 | 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 2013-3 | ||
| Reconciliation Detail |
| SOURCE OF FUNDS | |||
| Interest Funds Available | |||
| Scheduled Interest | 228,402.87 | ||
| 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: | 228,402.87 | ||
| Principal Funds Available | |||
| Scheduled Principal | 244,170.03 | ||
| Curtailments | 104,222.78 | ||
| Curtailments Adjustments | 0.00 | ||
| Prepayments in Full | 483,469.30 | ||
| 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: | 831,862.11 | ||
| Total Funds Available | 1,060,264.98 |
| ALLOCATION OF FUNDS | ||
| Scheduled Fees | ||
| Master Servicing Fee | 236.54 | |
| Servicing Fee | 15,048.06 | |
| Trustee Fee | 52.37 | |
| Securities Administrator Fee | 613.96 | |
| Total Scheduled Fees: | 15,950.93 | |
| Additional Fees, Expenses, etc. | ||
| Trust Fund Expenses | 0.00 | |
| Other Expenses | 0.00 | |
| Total Additional Fees, Expenses, etc.: | 0.00 | |
| Distributions | ||
| Interest Distribution | 212,451.93 | |
| Principal Distribution | 831,862.12 | |
| Total Distributions: | 1,044,314.05 | |
| Total Funds Allocated | 1,060,264.98 |
| 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 2013-3 | ||
| Collateral Summary |
| ASSET CHARACTERISTICS | ||||||||
| Cut-Off | Beginning | Ending | Delta or % of Orig | |||||
| Aggregate Stated Principal Balance | 600,210,241.34 | 72,230,377.40 | 71,398,515.29 | 11.90 | % | |||
| Aggregate Actual Principal Balance | 600,210,241.34 | 72,421,635.53 | 71,589,691.90 | 11.93 | % | |||
| Loan Count | 746 | 132 | 131 | 615 | ||||
| Weighted Average Coupon Rate (WAC) | 3.818731 | % | 3.794573 | % | 3.795637 | % | -0.023094 | % |
| Net Weighted Average Coupon Rate (Net WAC) | 3.553731 | % | 3.529573 | % | 3.530637 | % | -0.023094 | % |
| Weighted Average Remaining Term (WART in months) | 358 | 226 | 225 | 133 |
| AVAILABLE PRINCIPAL | |
| Scheduled Principal | 244,170.03 |
| Curtailments | 104,222.78 |
| Curtailments Adjustments | 0.00 |
| Prepayments in Full | 483,469.30 |
| 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 | 831,862.11 |
| 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 | 228,402.87 | |
| Less: | Master Servicing Fee | 236.54 |
| Servicing Fee | 15,048.06 | |
| Trustee Fee | 52.37 | |
| Securities Administrator Fee | 613.96 | |
| 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 | 212,451.94 |
| 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 2013-3 | ||
| Stratification Detail |
| Loan Rate | ||||||
| # of | Ending Sched | % of Agg | ||||
| Loan Rate | Loans | Balance | Balance | WAC | WART | |
| 3.00 or Less | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
| 3.01 to 3.25 | 4 | 1,811,318.14 | 2.54 | 3.2349 | 225 | |
| 3.26 to 3.50 | 14 | 7,422,012.88 | 10.40 | 3.4748 | 225 | |
| 3.51 to 3.75 | 52 | 29,858,069.98 | 41.82 | 3.6795 | 225 | |
| 3.76 to 4.00 | 48 | 25,912,885.34 | 36.29 | 3.9054 | 225 | |
| 4.01 to 4.25 | 8 | 3,095,824.74 | 4.34 | 4.1515 | 225 | |
| 4.26 to 4.50 | 3 | 1,622,685.48 | 2.27 | 4.3750 | 225 | |
| 4.51 to 4.75 | 1 | 734,473.63 | 1.03 | 4.6250 | 223 | |
| 4.76 to 5.00 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
| 5.01 to 5.25 | 1 | 941,245.10 | 1.32 | 5.2500 | 224 | |
| 5.26 to 5.50 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
| 5.51 to 5.75 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
| 5.76 to 6.00 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
| 6.01 or Greater | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
| Totals | 131 | 71,398,515.29 | 100.00 | 3.7956 | 225 |
| Ending Scheduled Balance | |||||
| Ending Sched | # of | Ending Sched | % of Agg | ||
| Balance | Loans | Balance | Balance | WAC | WART |
| 1 to 150,000 | 1 | 77,616.49 | 0.11 | 3.7500 | 225 |
| 150,001 to 300,000 | 8 | 1,934,269.79 | 2.71 | 3.8274 | 225 |
| 300,001 to 450,000 | 27 | 10,508,798.76 | 14.72 | 3.7463 | 225 |
| 450,001 to 600,000 | 52 | 27,035,924.00 | 37.87 | 3.8010 | 225 |
| 600,001 to 750,000 | 34 | 22,987,767.73 | 32.20 | 3.7661 | 225 |
| 750,001 to 900,000 | 3 | 2,402,906.45 | 3.37 | 3.7459 | 225 |
| 900,001 to 1,050,000 | 3 | 2,827,855.84 | 3.96 | 4.2324 | 225 |
| 1,050,001 to 1,200,000 | 1 | 1,056,273.21 | 1.48 | 3.8750 | 225 |
| 1,200,001 to 1,350,000 | 2 | 2,567,103.02 | 3.60 | 3.7160 | 225 |
| Totals | 131 | 71,398,515.29 | 100.00 | 3.7956 | 225 |
| 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 2013-3 | ||
| Delinquency Information |
| DELINQUENT | BANKRUPTCY | FORECLOSURE | REO | TOTAL | ||||||||||||||||||||
| Days | Balance | Count | Days | Balance | Count | Days | Balance | Count | Days | Balance | Count | Days | Balance | Count | ||||||||||
| < 30 | 0.00 | 0 | < 30 | 0.00 | 0 | < 30 | 0.00 | 0 | < 30 | 0.00 | 0 | |||||||||||||
| 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||||||
| 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | 30-59 | 0.00 | 0 | ||||||||||
| 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||
| 60-89 | 0.00 | 0 | 60-89 | 0.00 | 0 | 60-89 | 0.00 | 0 | 60-89 | 0.00 | 0 | 60-89 | 0.00 | 0 | ||||||||||
| 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||
| 90-119 | 0.00 | 0 | 90-119 | 0.00 | 0 | 90-119 | 0.00 | 0 | 90-119 | 0.00 | 0 | 90-119 | 0.00 | 0 | ||||||||||
| 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||
| 120-149 | 941,245.10 | 1 | 120-149 | 0.00 | 0 | 120-149 | 0.00 | 0 | 120-149 | 0.00 | 0 | 120-149 | 941,245.10 | 1 | ||||||||||
| 1.318298 | % | 0.8 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 1.318298 | % | 0.8 | % | |||||
| 150-179 | 0.00 | 0 | 150-179 | 0.00 | 0 | 150-179 | 0.00 | 0 | 150-179 | 0.00 | 0 | 150-179 | 0.00 | 0 | ||||||||||
| 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||
| 180+ | 0.00 | 0 | 180+ | 0.00 | 0 | 180+ | 0.00 | 0 | 180+ | 0.00 | 0 | 180+ | 0.00 | 0 | ||||||||||
| 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | |||||
| Total | 941,245.10 | 1 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 941,245.10 | 1 | ||||||||||
| 1.318298 | % | 0.8 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 1.318298 | % | 0.8 | % |
| 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 2013-3 | ||
| Historical Delinquency Information |
| Distribution | 1 Month | 2 Month | 3 | + Month | Bankruptcy | Foreclosure | REO | Total | ||||||||||||||||||||
| Date | Balance | Cnt | Balance | Cnt | Balance | Cnt | Balance | Cnt | Balance | Cnt | Balance | Cnt | Balance | Cnt | ||||||||||||||
| 04/2024 | 0 | 0 | 0 | 0 | 941,245 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 941,245 | 1 | ||||||||||||||
| 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.318 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.318 | % | 0.8 | % | |
| 03/2024 | 0 | 0 | 0 | 0 | 943,717 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 943,717 | 1 | ||||||||||||||
| 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.307 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.307 | % | 0.8 | % | |
| 02/2024 | 552,703 | 1 | 0 | 0 | 946,178 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1,498,881 | 2 | ||||||||||||||
| 0.761 | % | 0.8 | % | 0.000 | % | 0.0 | % | 1.303 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.064 | % | 1.5 | % | |
| 01/2024 | 717,058 | 2 | 948,628 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,665,686 | 3 | ||||||||||||||
| 0.984 | % | 1.5 | % | 1.302 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.285 | % | 2.3 | % | |
| 12/2023 | 0 | 0 | 951,068 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 951,068 | 1 | ||||||||||||||
| 0.000 | % | 0.0 | % | 1.300 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.300 | % | 0.8 | % | |
| 11/2023 | 558,122 | 1 | 953,496 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,511,618 | 2 | ||||||||||||||
| 0.761 | % | 0.8 | % | 1.299 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 2.060 | % | 1.5 | % | |
| 10/2023 | 0 | 0 | 955,915 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 955,915 | 1 | ||||||||||||||
| 0.000 | % | 0.0 | % | 1.298 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.298 | % | 0.8 | % | |
| 09/2023 | 0 | 0 | 958,323 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 958,323 | 1 | ||||||||||||||
| 0.000 | % | 0.0 | % | 1.297 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.297 | % | 0.8 | % | |
| 08/2023 | 0 | 0 | 960,720 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 960,720 | 1 | ||||||||||||||
| 0.000 | % | 0.0 | % | 1.284 | % | 0.7 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.284 | % | 0.7 | % | |
| 07/2023 | 0 | 0 | 963,107 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 963,107 | 1 | ||||||||||||||
| 0.000 | % | 0.0 | % | 1.283 | % | 0.7 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.283 | % | 0.7 | % | |
| 06/2023 | 0 | 0 | 965,483 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 965,483 | 1 | ||||||||||||||
| 0.000 | % | 0.0 | % | 1.280 | % | 0.7 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.280 | % | 0.7 | % | |
| 05/2023 | 0 | 0 | 967,850 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 967,850 | 1 | ||||||||||||||
| 0.000 | % | 0.0 | % | 1.266 | % | 0.7 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.266 | % | 0.7 | % |
| 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 2013-3 | ||
| Standard Prepayment and Default Information |
| Wtd. Avg. | Current | ||||||||||||||||
| Payment | Age | Collateral | Scheduled | Unscheduled | Liquidation | ||||||||||||
| Date | (Months) | Balance | Principal | Principal | Principal | SMM | CPR | PSA | MDR | CDR | SDA | ||||||
| 25-Apr-2024 | 135.18 | 71,398,515.29 | 244,170.03 | 587,692.08 | 0.00 | 0.816 | % | 9.369 | % | 156 | % | 0.000 | % | 0.000 | % | 0 | % |
| 25-Mar-2024 | 134.18 | 72,230,377.40 | 242,887.07 | 160,223.65 | 0.00 | 0.221 | % | 2.624 | % | 44 | % | 0.000 | % | 0.000 | % | 0 | % |
| 26-Feb-2024 | 133.18 | 72,633,488.12 | 242,098.73 | 7,617.00 | 0.00 | 0.010 | % | 0.126 | % | 2 | % | 0.000 | % | 0.000 | % | 0 | % |
| 25-Jan-2024 | 132.18 | 72,883,203.85 | 241,309.94 | 8,642.67 | 0.00 | 0.012 | % | 0.142 | % | 2 | % | 0.000 | % | 0.000 | % | 0 | % |
| 26-Dec-2023 | 131.18 | 73,133,156.46 | 240,506.85 | 13,884.27 | 0.00 | 0.019 | % | 0.228 | % | 4 | % | 0.000 | % | 0.000 | % | 0 | % |
| 27-Nov-2023 | 130.18 | 73,387,547.58 | 239,718.74 | 9,978.66 | 0.00 | 0.014 | % | 0.163 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
| 25-Oct-2023 | 129.18 | 73,637,244.98 | 238,936.68 | 8,835.35 | 0.00 | 0.012 | % | 0.144 | % | 2 | % | 0.000 | % | 0.000 | % | 0 | % |
| 25-Sep-2023 | 128.18 | 73,885,017.01 | 242,776.35 | 699,073.02 | 0.00 | 0.937 | % | 10.685 | % | 178 | % | 0.000 | % | 0.000 | % | 0 | % |
| 25-Aug-2023 | 127.18 | 74,826,866.38 | 241,974.12 | 12,411.74 | 0.00 | 0.017 | % | 0.199 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
| 25-Jul-2023 | 126.18 | 75,081,252.24 | 244,123.57 | 86,940.15 | 0.00 | 0.116 | % | 1.379 | % | 23 | % | 0.000 | % | 0.000 | % | 0 | % |
| 26-Jun-2023 | 125.18 | 75,412,315.96 | 245,463.74 | 803,865.12 | 0.00 | 1.055 | % | 11.948 | % | 199 | % | 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 2013-3 | ||
| Waterfall Detail |
| Remaining | |||
| DISTRIBUTIONS | Amount | Available | |
| Distributed | Funds | ||
| Available Distribution Amount | 1,044,314.05 | ||
| Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (177,980.11 | ) | 866,333.94 |
| Senior Certificates, the Senior Principal Distribution Amount | (696,886.59 | ) | 169,447.35 |
| Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (5,925.58 | ) | 163,521.77 |
| Class B-1 Certificates, the Subordinate Principal Distribution Amount | (47,491.93 | ) | 116,029.84 |
| Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (5,146.17 | ) | 110,883.67 |
| Class B-2 Certificates, the Subordinate Principal Distribution Amount | (41,245.18 | ) | 69,638.49 |
| Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (4,209.84 | ) | 65,428.65 |
| Class B-3 Certificates, the Subordinate Principal Distribution Amount | (33,740.76 | ) | 31,687.89 |
| Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (1,559.34 | ) | 30,128.55 |
| Class B-4 Certificates, the Subordinate Principal Distribution Amount | (12,497.66 | ) | 17,630.89 |
| Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (17,630.89 | ) | 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 2013-3 | ||
| Other Information |
| Principal Percentages | ||
| Senior Percentage | 83.774291 | % |
| Subordinate Percentage | 16.225709 | % |
| Senior Prepayment Percentage | 83.774291 | % |
| Subordinate Prepayment Percentage | 16.225709 | % |
| Other Information | ||
| Step-Down Test satisfied? | Yes |
| Reports Available at | sf.citidirect.com | Page 13 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-3 | ||
| Voluntary Prepayments, Repurchases, and Substitutions |
| Scheduled | ||||||||||||
| Original | Principal | Principal | Prepayment | Prepayment | Current | |||||||
| Principal Pay | Principal | Balance at | Pay Down | Penalties | Penalties | Note | Original | Original | ||||
| Loan Number | Down Date | Payoff Type | Balance | Payoff | Amount | Collected | Waived | Rate | LTV | Term | State | |
| 0000000048520050 | 04/01/2024 | Voluntary Prepayment | 650,000.00 | 484,968.62 | 484,968.62 | 0.00 | 0.00 | 3.62500 | % | 64.99 | 360 | AZ |
| 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 2013-3 | ||
| Liquidation / Loss Detail |
| Most Recent | Cutoff | Prior Unpaid | Prior Scheduled | Current | Subsequent | |||||
| Most Recent | Next Due | Principal | Principal | Principal | Realized Loss | Loss / (Recovery) | Total Realized | Loss | ||
| Loan Number | Loss Type | Loan Status | Date | Balance | Balance | Balance | Amount | Amount | Loss Amount | Severity |
| No Loans With Losses to Report. |
| Reports Available at | sf.citidirect.com | Page 15 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-3 | ||
| REO Detail |
| Current | |||||||
| REO | Original | Unpaid Principal | Scheduled | REO | |||
| Group | Acquisition | Principal | Balance at | Principal | Book | ||
| Loan Number | No. | State | Date | Balance | Acquisition | Balance | Value |
| No REOs to Report. |
| Reports Available at | sf.citidirect.com | Page 16 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-3 | ||
| Material Modifications, Extensions, and Waivers Loan Detail: Part 1 |
| Effective | Current | Current | |||||||||
| Mod. | Scheduled | Actual | Delinquency | Capitalized | Deferred | Deferred | Forgiven | Forgiven | |||
| Date | Loan Number | P&I | Balance | Balance | Balance | Status | Amount | Principal | Interest | Principal | Interest |
| No Modified Loans to Report. |
| Reports Available at | sf.citidirect.com | Page 17 of 18 | © Copyright | 2024 Citigroup |
| Distribution Date: | 04/25/2024 | Sequoia Mortgage Trust |
| Determination Date: | 04/16/2024 | |
| Mortgage Pass-Through Certificates | ||
| Series 2013-3 | ||
| Material Modifications, Extensions, and Waivers Loan Detail: Part 2 |
| Interest | Period | Life | Initial Reset | Next | Int Reset | IO | Balloon | Maturity | |||
| Loan Number | Loan Type | Rate | Margin | Cap | Cap | Date | Reset Date | Period | Period | Payment | Date |
| No Modified Loans to Report. |
| Reports Available at | sf.citidirect.com | Page 18 of 18 | © Copyright | 2024 Citigroup |