Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 |
CONTACT INFORMATION | |
Depositor | Sequoia Residential Funding, Inc. |
Trustee | Wilmington Trust Company |
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. |
karen.schluter@citi.com | 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 | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
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 | 125,000,000.00 | 15,605,123.33 | 2.500000 | % | 30 / 360 | 10/01 - 10/31 | 32,510.67 | 238,670.31 | 271,180.98 | 0.00 | 0.00 | 15,366,453.02 | ||||||||||||
A-2 | 298,878,000.00 | 37,312,224.45 | 3.000000 | % | 30 / 360 | 10/01 - 10/31 | 93,280.56 | 570,666.43 | 663,946.99 | 0.00 | 0.00 | 36,741,558.02 | ||||||||||||
B-1 | 8,165,000.00 | 1,950,325.37 | 3.502812 | % | 30 / 360 | 10/01 - 10/31 | 5,693.02 | 53,674.64 | 59,367.66 | 0.00 | 0.00 | 1,896,650.73 | ||||||||||||
B-2 | 7,711,000.00 | 1,841,881.08 | 3.502812 | % | 30 / 360 | 10/01 - 10/31 | 5,376.47 | 50,690.16 | 56,066.63 | 0.00 | 0.00 | 1,791,190.92 | ||||||||||||
B-3 | 6,577,000.00 | 1,571,009.21 | 3.502812 | % | 30 / 360 | 10/01 - 10/31 | 4,585.79 | 43,235.53 | 47,821.32 | 0.00 | 0.00 | 1,527,773.68 | ||||||||||||
B-4 | 2,494,000.00 | 595,727.05 | 3.502812 | % | 30 / 360 | 10/01 - 10/31 | 1,738.93 | 16,394.92 | 18,133.85 | 0.00 | 0.00 | 579,332.13 | ||||||||||||
B-5 | 4,763,656.00 | 4,763,656.00 | 3.502812 | % | 30 / 360 | 10/01 - 10/31 | 13,905.17 | 0.00 | 13,905.17 | 0.00 | 0.00 | 4,763,656.00 | ||||||||||||
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 | 453,588,656.00 | 63,639,946.49 | 157,090.61 | 973,331.99 | 1,130,422.60 | 0.00 | 0.00 | 62,666,614.50 |
Notional Classes | ||||||||||||
A-IO1 | 125,000,000.00 | 15,605,123.33 | 0.500000 | % | 30 / 360 | 10/01 - 10/31 | 6,502.13 | 0.00 | 6,502.13 | 0.00 | 0.00 | 15,366,453.02 |
A-IO2 | 423,878,000.00 | 52,917,347.78 | 0.502812 | % | 30 / 360 | 10/01 - 10/31 | 22,172.91 | 0.00 | 22,172.91 | 0.00 | 0.00 | 52,108,011.04 |
Totals | 548,878,000.00 | 68,522,471.11 | 28,675.04 | 0.00 | 28,675.04 | 0.00 | 0.00 | 67,474,464.06 |
Reports Available at | sf.citidirect.com | Page 2 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
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 | CAA1 | 10/31/2022 | 124.840987 | 0.260085 | 1.909362 | 2.169448 | 0.000000 | 0.000000 | 122.931624 |
A-2 | 81745 | CAB9 | 10/31/2022 | 124.840987 | 0.312102 | 1.909362 | 2.221465 | 0.000000 | 0.000000 | 122.931624 |
B-1 | 81745 | CAM5 | 10/31/2022 | 238.864099 | 0.697247 | 6.573746 | 7.270993 | 0.000000 | 0.000000 | 232.290353 |
B-2 | 81745 | CAN3 | 10/31/2022 | 238.864101 | 0.697247 | 6.573747 | 7.270993 | 0.000000 | 0.000000 | 232.290354 |
B-3 | 81745 | CAG8 | 10/31/2022 | 238.864104 | 0.697246 | 6.573746 | 7.270993 | 0.000000 | 0.000000 | 232.290357 |
B-4 | 81745 | CAH6 | 10/31/2022 | 238.864094 | 0.697245 | 6.573745 | 7.270990 | 0.000000 | 0.000000 | 232.290349 |
B-5 | 81745 | CAJ2 | 10/31/2022 | 1,000.000000 | 2.919012 | 0.000000 | 2.919012 | 0.000000 | 0.000000 | 1,000.000000 |
LT-R | 81745 | CAL7 | 10/31/2022 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
R | 81745 | CAK9 | 10/31/2022 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
A-IO1 | 81745 | CAC7 | 10/31/2022 | 124.840987 | 0.052017 | 0.000000 | 0.052017 | 0.000000 | 0.000000 | 122.931624 |
A-IO2 | 81745 | CAD5 | 10/31/2022 | 124.840987 | 0.052310 | 0.000000 | 0.052310 | 0.000000 | 0.000000 | 122.931624 |
Reports Available at | sf.citidirect.com | Page 3 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
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 | 15,605,123.33 | 2.500000 | % | 2.500000 | % | 30 / 360 | 32,510.67 | 0.00 | 0.00 | 0.00 | 32,510.67 | 0.00 | 32,510.67 | 0.00 | |||||||||||
A-2 | 37,312,224.45 | 3.000000 | % | 3.000000 | % | 30 / 360 | 93,280.56 | 0.00 | 0.00 | 0.00 | 93,280.56 | 0.00 | 93,280.56 | 0.00 | |||||||||||
B-1 | 1,950,325.37 | 3.502812 | % | 3.501556 | % | 30 / 360 | 5,693.02 | 0.00 | 0.00 | 0.00 | 5,693.02 | 0.00 | 5,693.02 | 0.00 | |||||||||||
B-2 | 1,841,881.08 | 3.502812 | % | 3.501556 | % | 30 / 360 | 5,376.47 | 0.00 | 0.00 | 0.00 | 5,376.47 | 0.00 | 5,376.47 | 0.00 | |||||||||||
B-3 | 1,571,009.21 | 3.502812 | % | 3.501556 | % | 30 / 360 | 4,585.79 | 0.00 | 0.00 | 0.00 | 4,585.79 | 0.00 | 4,585.79 | 0.00 | |||||||||||
B-4 | 595,727.05 | 3.502812 | % | 3.501556 | % | 30 / 360 | 1,738.93 | 0.00 | 0.00 | 0.00 | 1,738.93 | 0.00 | 1,738.93 | 0.00 | |||||||||||
B-5 | 4,763,656.00 | 3.502812 | % | 3.501556 | % | 30 / 360 | 13,905.17 | 258.68 | 0.00 | 0.00 | 14,163.85 | 0.00 | 13,905.17 | 258.68 | |||||||||||
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 | 63,639,946.49 | 157,090.61 | 258.68 | 0.00 | 0.00 | 157,349.29 | 0.00 | 157,090.61 | 258.68 |
Notional Classes | ||||||||||||||
A-IO1 | 15,605,123.33 | 0.500000 | % | 0.500000 | % | 30 / 360 | 6,502.13 | 0.00 | 0.00 | 0.00 | 6,502.13 | 0.00 | 6,502.13 | 0.00 |
A-IO2 | 52,917,347.78 | 0.502812 | % | 0.501556 | % | 30 / 360 | 22,172.91 | 0.00 | 0.00 | 0.00 | 22,172.91 | 0.00 | 22,172.91 | 0.00 |
Totals | 68,522,471.11 | 28,675.04 | 0.00 | 0.00 | 0.00 | 28,675.04 | 0.00 | 28,675.04 | 0.00 |
Reports Available at | sf.citidirect.com | Page 4 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
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 | 125,000,000.00 | 15,605,123.33 | 45,065.23 | 193,605.08 | 0.00 | 0.00 | 0.00 | 15,366,453.02 | 0.00 | 27.56 | % | 24.52 | % | 6.55 | % | 16.85 | % | |||||||||||
A-2 | 298,878,000.00 | 37,312,224.45 | 107,752.05 | 462,914.38 | 0.00 | 0.00 | 0.00 | 36,741,558.02 | 0.00 | 65.89 | % | 58.63 | % | 6.55 | % | 16.85 | % | |||||||||||
B-1 | 8,165,000.00 | 1,950,325.37 | 10,134.73 | 43,539.91 | 0.00 | 0.00 | 0.00 | 1,896,650.73 | 0.00 | 1.80 | % | 3.03 | % | 4.75 | % | 13.82 | % | |||||||||||
B-2 | 7,711,000.00 | 1,841,881.08 | 9,571.21 | 41,118.95 | 0.00 | 0.00 | 0.00 | 1,791,190.92 | 0.00 | 1.70 | % | 2.86 | % | 3.05 | % | 10.96 | % | |||||||||||
B-3 | 6,577,000.00 | 1,571,009.21 | 8,163.64 | 35,071.89 | 0.00 | 0.00 | 0.00 | 1,527,773.68 | 0.00 | 1.45 | % | 2.44 | % | 1.60 | % | 8.53 | % | |||||||||||
B-4 | 2,494,000.00 | 595,727.05 | 3,095.66 | 13,299.26 | 0.00 | 0.00 | 0.00 | 579,332.13 | 0.00 | 0.55 | % | 0.92 | % | 1.05 | % | 7.60 | % | |||||||||||
B-5 | 4,763,656.00 | 4,763,656.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4,763,656.00 | 0.00 | 1.05 | % | 7.60 | % | 0.00 | % | 0.00 | % | |||||||||||
Totals | 453,588,656.00 | 63,639,946.49 | 183,782.52 | 789,549.47 | 0.00 | 0.00 | 0.00 | 62,666,614.50 | 0.00 | 100 | % | 100 | % |
Reports Available at | sf.citidirect.com | Page 5 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
Reconciliation Detail |
SOURCE OF FUNDS | |||
Interest Funds Available | |||
Scheduled Interest | 200,084.64 | ||
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: | 200,084.64 | ||
Principal Funds Available | |||
Scheduled Principal | 183,782.52 | ||
Curtailments | 9,913.45 | ||
Curtailments Adjustments | 0.00 | ||
Prepayments in Full | 779,636.01 | ||
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: | 973,331.98 | ||
Total Funds Available | 1,173,416.62 |
ALLOCATION OF FUNDS | ||
Scheduled Fees | ||
Master Servicing Fee | 275.76 | |
Servicing Fee | 13,258.34 | |
Trustee Fee | 63.63 | |
Securities Administrator Fee | 721.25 | |
Total Scheduled Fees: | 14,318.98 | |
Additional Fees, Expenses, etc. | ||
Trust Fund Expenses | 0.00 | |
Other Expenses | 0.00 | |
Total Additional Fees, Expenses, etc.: | 0.00 | |
Distributions | ||
Interest Distribution | 185,765.65 | |
Principal Distribution | 973,331.99 | |
Total Distributions: | 1,159,097.64 | |
Total Funds Allocated | 1,173,416.62 |
Reports Available at | sf.citidirect.com | Page 6 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
Collateral Summary |
ASSET CHARACTERISTICS | ||||||||
Cut-Off | Beginning | Ending | Delta or % of Orig | |||||
Aggregate Stated Principal Balance | 453,588,656.25 | 63,639,946.77 | 62,666,614.79 | 13.82 | % | |||
Aggregate Actual Principal Balance | 453,588,656.25 | 63,767,802.47 | 62,795,764.60 | 13.84 | % | |||
Loan Count | 595 | 108 | 107 | 488 | ||||
Weighted Average Coupon Rate (WAC) | 3.833510 | % | 3.772811 | % | 3.771556 | % | -0.061954 | % |
Net Weighted Average Coupon Rate (Net WAC) | 3.563510 | % | 3.502811 | % | 3.501556 | % | -0.061954 | % |
Weighted Average Remaining Term (WART in months) | 358 | 246 | 245 | 113 |
AVAILABLE PRINCIPAL | |
Scheduled Principal | 183,782.52 |
Curtailments | 9,913.45 |
Curtailments Adjustments | 0.00 |
Prepayments in Full | 779,636.01 |
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 | 973,331.98 |
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 | 200,084.64 | |
Less: | Master Servicing Fee | 275.76 |
Servicing Fee | 13,258.34 | |
Trustee Fee | 63.63 | |
Securities Administrator Fee | 721.25 | |
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 | 185,765.66 |
Reports Available at | sf.citidirect.com | Page 7 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
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 | 13 | 8,091,609.21 | 12.91 | 3.4675 | 245 | |
3.51 to 3.75 | 48 | 28,779,734.80 | 45.93 | 3.7192 | 245 | |
3.76 to 4.00 | 44 | 24,731,494.95 | 39.47 | 3.9145 | 245 | |
4.01 to 4.25 | 2 | 1,063,775.83 | 1.70 | 4.1766 | 245 | |
4.26 to 4.50 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
4.51 to 4.75 | 0 | 0.00 | 0.00 | 0.0000 | 0 | |
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 | 62,666,614.79 | 100.00 | 3.7716 | 245 |
Ending Scheduled Balance | |||||
Ending Sched | # of | Ending Sched | % of Agg | ||
Balance | Loans | Balance | Balance | WAC | WART |
1 to 150,000 | 1 | 129,376.47 | 0.21 | 3.7500 | 245 |
150,001 to 300,000 | 2 | 570,131.51 | 0.91 | 3.8741 | 245 |
300,001 to 450,000 | 22 | 8,818,013.02 | 14.07 | 3.8002 | 245 |
450,001 to 600,000 | 41 | 21,873,172.10 | 34.90 | 3.7571 | 245 |
600,001 to 750,000 | 23 | 15,522,234.37 | 24.77 | 3.7758 | 245 |
750,001 to 900,000 | 13 | 10,466,118.39 | 16.70 | 3.7779 | 245 |
900,001 to 1,050,000 | 2 | 1,905,926.60 | 3.04 | 3.7500 | 245 |
1,050,001 to 1,200,000 | 3 | 3,381,642.33 | 5.40 | 3.7470 | 245 |
Totals | 107 | 62,666,614.79 | 100.00 | 3.7716 | 245 |
Reports Available at | sf.citidirect.com | Page 8 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
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 | 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+ | 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 | 0.00 | 0 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 0.00 | 0 | Total | 0.00 | 0 | ||||||||||
0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % | 0.000000 | % | 0.0 | % |
Principal and Interest Advances | N/A |
Reports Available at | sf.citidirect.com | Page 9 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
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 | ||||||||||||||
11/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
10/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
09/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
08/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
07/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
06/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
05/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
04/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
03/2022 | 781,663 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 781,663 | 1 | ||||||||||||||
1.106 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 1.106 | % | 0.8 | % | |
02/2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||
0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | |
01/2022 | 492,417 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 492,417 | 1 | ||||||||||||||
0.655 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.655 | % | 0.8 | % | |
12/2021 | 0 | 0 | 500,011 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500,011 | 1 | ||||||||||||||
0.000 | % | 0.0 | % | 0.659 | % | 0.8 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.000 | % | 0.0 | % | 0.659 | % | 0.8 | % |
Reports Available at | sf.citidirect.com | Page 10 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
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-Nov-2022 | 115.10 | 62,666,614.79 | 183,782.52 | 789,549.46 | 0.00 | 1.244 | % | 13.950 | % | 233 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Oct-2022 | 114.09 | 63,639,946.77 | 186,100.42 | 1,063,019.60 | 0.00 | 1.643 | % | 18.028 | % | 300 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Sep-2022 | 113.08 | 64,889,066.79 | 186,872.21 | 546,369.10 | 0.00 | 0.835 | % | 9.572 | % | 160 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Aug-2022 | 112.08 | 65,622,308.10 | 186,217.51 | 22,701.99 | 0.00 | 0.035 | % | 0.414 | % | 7 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jul-2022 | 111.08 | 65,831,227.60 | 185,591.28 | 14,155.55 | 0.00 | 0.021 | % | 0.258 | % | 4 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Jun-2022 | 110.06 | 66,030,974.43 | 190,952.18 | 1,304,682.72 | 0.00 | 1.938 | % | 20.926 | % | 349 | % | 0.000 | % | 0.000 | % | 0 | % |
25-May-2022 | 109.06 | 67,526,609.33 | 190,242.17 | 35,610.95 | 0.00 | 0.053 | % | 0.631 | % | 11 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Apr-2022 | 108.06 | 67,752,462.45 | 196,913.26 | 2,698,979.53 | 0.00 | 3.831 | % | 37.422 | % | 624 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Mar-2022 | 107.06 | 70,648,355.24 | 201,274.37 | 1,925,804.05 | 0.00 | 2.654 | % | 27.583 | % | 460 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Feb-2022 | 106.06 | 72,775,433.66 | 210,147.35 | 2,207,332.38 | 0.00 | 2.944 | % | 30.132 | % | 502 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jan-2022 | 105.06 | 75,192,913.39 | 210,877.03 | 476,171.44 | 0.00 | 0.629 | % | 7.295 | % | 122 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Dec-2021 | 104.06 | 75,879,961.86 | 211,555.86 | 575,127.71 | 0.00 | 0.752 | % | 8.663 | % | 144 | % | 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 | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
Waterfall Detail |
Remaining | |||
DISTRIBUTIONS | Amount | Available | |
Distributed | Funds | ||
Available Distribution Amount | 1,159,097.64 | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (154,466.27 | ) | 1,004,631.37 |
Senior Certificates, the Senior Principal Distribution Amount | (809,336.74 | ) | 195,294.63 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (5,693.02 | ) | 189,601.61 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | (53,674.64 | ) | 135,926.97 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (5,376.47 | ) | 130,550.50 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | (50,690.16 | ) | 79,860.34 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (4,585.79 | ) | 75,274.55 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | (43,235.53 | ) | 32,039.02 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (1,738.93 | ) | 30,300.09 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | (16,394.92 | ) | 13,905.17 |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | (13,905.17 | ) | 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 | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
Other Information |
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? | Yes |
Reports Available at | sf.citidirect.com | Page 13 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
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 | |
0000000050458181 | 11/01/2022 | Voluntary Prepayment | 988,000.00 | 781,757.52 | 781,757.52 | 0.00 | 0.00 | 3.87500 | % | 57.94 | 360 | CA |
Reports Available at | sf.citidirect.com | Page 14 of 18 | © Copyright | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
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 | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
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 | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
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 | 2022 Citigroup |
Distribution Date: | 11/25/2022 | Sequoia Mortgage Trust |
Determination Date: | 11/16/2022 | |
Mortgage Pass-Through Certificates | ||
Series 2013-7 | ||
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 | 2022 Citigroup |