07/08/2025 | Press release | Distributed by Public on 07/08/2025 09:42
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-7 |
STATEMENT TO NOTEHOLDERS |
June 25, 2025 |
TRANSACTION PARTIES | ||
Depositor: | Sequoia Residential Funding, Inc. | |
Trustee: | Wilmington Trust Company | |
Master Servicer: | Wells Fargo Bank, N.A. | |
Karen Schluter | Citibank, Agency and Trust | |
(212) 816-5827 | 388 Greenwich Street Trading, 4th Floor | |
karen.schluter@citi.com | New York, NY 10013 |
TABLE OF CONTENTS | |||
1 | . | Distribution Summary | 2 |
1.1 | . | Summary | 2 |
1.2 | . | Factors | 3 |
2 | . | Distribution Detail | 4 |
2.1 | . | Interest Detail | 4 |
2.2 | . | Interest Shortfall Detail | 5 |
2.3 | . | Principal Detail | 6 |
3 | . | Reconciliation Detail | 7 |
4 | . | Collateral Performance - Pool and Collections Summary | 8 |
5 | . | Stratification Detail | 9 |
6 | . | Collateral Performance - Delinquency and Loan Status History | 10 |
7 | . | Standard Prepayment and Default Information | 11 |
8 | . | Additional Reporting | 12 |
9 | . | Other Information | 13 |
10 | . | Notes | 14 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 1 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-7 | |
DISTRIBUTION SUMMARY |
June 25, 2025 |
Accrual | Other | Non-Cash | |||||||||||
Original | Prior | Pass-Through | Day | Interest | (As Interest) | Principal | Total | Realized Loss | Balance | Current | |||
Class | Balance | Balance | Rate | Count | Distributed | Distributed | Distributed | Distributed | /(Recovery) | Change | Balance | ||
A-1 | 125,000,000.00 | 11,918,342.50 | 2.500000 | % | 30/360 | 24,829.88 | - | 229,824.54 | 254,654.42 | - | - | 11,688,517.96 | |
A-2 | 298,878,000.00 | 28,497,043.03 | 3.000000 | % | 30/360 | 71,242.61 | - | 549,515.99 | 620,758.60 | - | - | 27,947,527.04 | |
B-1 | 8,165,000.00 | 1,084,360.63 | 3.503366 | % | 30/360 | 3,165.76 | - | 57,426.33 | 60,592.09 | - | - | 1,026,934.30 | |
B-2 | 7,711,000.00 | 1,024,066.72 | 3.503366 | % | 30/360 | 2,989.73 | - | 54,233.24 | 57,222.97 | - | - | 969,833.48 | |
B-3 | 6,577,000.00 | 873,464.78 | 3.503366 | % | 30/360 | 2,550.06 | - | 46,257.56 | 48,807.62 | - | - | 827,207.22 | |
B-4 | 2,494,000.00 | 443,788.16 | 3.503366 | % | 30/360 | 1,295.63 | - | - | 1,295.63 | - | - | 443,788.16 | |
B-5 | 4,763,656.00 | 4,763,656.00 | 3.503366 | % | 30/360 | 13,907.36 | - | - | 13,907.36 | - | - | 4,763,656.00 | |
LT-R | - | - | 0.000000 | % | 29/360 | - | - | - | - | - | - | - | |
R | - | - | 0.000000 | % | 29/360 | - | - | - | - | - | - | - | |
Total | 453,588,656.00 | 48,604,721.82 | 119,981.03 | - | 937,257.66 | 1,057,238.69 | - | - | 47,667,464.16 | ||||
Notional | |||||||||||||
A-IO1 | 125,000,000.00 | 11,918,342.50 | 0.500000 | % | 30/360 | 4,965.98 | - | - | 4,965.98 | - | (229,824.54 | ) | 11,688,517.96 |
A-IO2 | 423,878,000.00 | 40,415,385.53 | 0.503366 | % | 30/360 | 16,953.12 | - | - | 16,953.12 | - | (779,340.53 | ) | 39,636,045.00 |
Total | 548,878,000.00 | 52,333,728.03 | 21,919.10 | - | - | 21,919.10 | - | (1,009,165.07 | ) | 51,324,562.96 | |||
Grand Total | 1,002,466,656.00 | 100,938,449.85 | 141,900.13 | - | 937,257.66 | 1,079,157.79 | - | (1,009,165.07 | ) | 98,992,027.12 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 2 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-7 |
DISTRIBUTION SUMMARY - FACTORS |
June 25, 2025 |
Other | Non-Cash | |||||||||
Record | Interest | (As Interest) | Principal | Total | Realized Loss | Balance | Current | |||
Class | CUSIP | Date | Distributed | Distributed | Distributed | Distributed | /(Recovery) | Change | Balance | |
A-1 | 81745 | CAA1 | 05/30/2025 | 0.19863904 | - | 1.83859632 | 2.03723536 | - | - | 93.50814368 |
A-2 | 81745 | CAB9 | 05/30/2025 | 0.23836686 | - | 1.83859632 | 2.07696318 | - | - | 93.50814392 |
A-IO1 | 81745 | CAC7 | 05/30/2025 | 0.03972784 | - | - | 0.03972784 | - | - | 93.50814368 |
A-IO2 | 81745 | CAD5 | 05/30/2025 | 0.03999528 | - | - | 0.03999528 | - | - | 93.50814385 |
B-1 | 81745 | CAM5 | 05/30/2025 | 0.38772321 | - | 7.03323086 | 7.42095407 | - | - | 125.77272505 |
B-2 | 81745 | CAN3 | 05/30/2025 | 0.38772273 | - | 7.03323045 | 7.42095318 | - | - | 125.77272468 |
B-3 | 81745 | CAG8 | 05/30/2025 | 0.38772389 | - | 7.03323096 | 7.42095484 | - | - | 125.77272617 |
B-4 | 81745 | CAH6 | 05/30/2025 | 0.51949880 | - | - | 0.51949880 | - | - | 177.94232558 |
B-5 | 81745 | CAJ2 | 05/30/2025 | 2.91947194 | - | - | 2.91947194 | - | - | 1,000.00000000 |
LT-R | 81745 | CAL7 | 05/30/2025 | - | - | - | - | - | - | - |
R | 81745 | CAK9 | 05/30/2025 | - | - | - | - | - | - | - |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 3 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-7 |
DISTRIBUTION INFORMATION - INTEREST DETAIL |
June 25, 2025 |
Rate | Interest | Shortfall | Paid | |||||||||||
Accrual | Net | Accreted/ | Non | Carry | ||||||||||
Class | Current | Next | Dates | Accrued | Deferred | Recovered | Forward | Accrued | Carry Forward | Total | ||||
A-1 | 2.50000 | % | 2.50000 | % | 05/27-06/24 | 24,829.88 | - | - | - | 24,829.88 | - | 24,829.88 | ||
A-2 | 3.00000 | % | 3.00000 | % | 05/27-06/24 | 71,242.61 | - | - | - | 71,242.61 | - | 71,242.61 | ||
B-1 | 3.50337 | % | 3.50175 | % | 05/27-06/24 | 3,165.76 | - | - | - | 3,165.76 | - | 3,165.76 | ||
B-2 | 3.50337 | % | 3.50175 | % | 05/27-06/24 | 2,989.73 | - | - | - | 2,989.73 | - | 2,989.73 | ||
B-3 | 3.50337 | % | 3.50175 | % | 05/27-06/24 | 2,550.06 | - | - | - | 2,550.06 | - | 2,550.06 | ||
B-4 | 3.50337 | % | 3.50175 | % | 05/27-06/24 | 1,295.63 | - | - | - | 1,295.63 | - | 1,295.63 | ||
B-5 | 3.50337 | % | 3.50175 | % | 05/27-06/24 | 13,907.36 | - | - | - | 13,907.36 | - | 13,907.36 | ||
LT-R | 0.00000 | % | 0.00000 | % | 05/27-06/24 | - | - | - | - | - | - | - | ||
R | 0.00000 | % | 0.00000 | % | 05/27-06/24 | - | - | - | - | - | - | - | ||
Total | 119,981.03 | - | - | - | 119,981.03 | - | 119,981.03 | |||||||
Notional | ||||||||||||||
A-IO1 | 0.50000 | % | 0.50000 | % | 05/27-06/24 | 4,965.98 | - | - | - | 4,965.98 | - | 4,965.98 | ||
A-IO2 | 0.50337 | % | 0.50175 | % | 05/27-06/24 | 16,953.12 | - | - | - | 16,953.12 | - | 16,953.12 | ||
Total | 21,919.10 | - | - | - | 21,919.10 | - | 21,919.10 | |||||||
Grand Total | 141,900.13 | - | - | - | 141,900.13 | - | 141,900.13 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 4 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-7 |
DISTRIBUTION INFORMATION - INTEREST SHORTFALL DETAIL |
June 25, 2025 |
Carry Forward Interest | ||||||
Non-Recov | ||||||
Class | Shortall | Prior | Int. on Prior | New | Paid | Outstanding |
A-1 | - | - | - | - | - | - |
A-2 | - | - | - | - | - | - |
B-1 | - | - | - | - | - | - |
B-2 | - | - | - | - | - | - |
B-3 | - | - | - | - | - | - |
B-4 | - | - | - | - | - | - |
B-5 | - | 276.76 | - | - | - | 276.76 |
LT-R | - | - | - | - | - | - |
R | - | - | - | - | - | - |
Total | - | 276.76 | - | - | - | 276.76 |
Notional | ||||||
A-IO1 | - | - | - | - | - | - |
A-IO2 | - | - | - | - | - | - |
Total | - | - | - | - | - | - |
Grand Total | - | 276.76 | - | - | - | 276.76 |
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Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-7 |
DISTRIBUTION INFORMATION - PRINCIPAL DETAIL |
June 25, 2025 |
Prior | ||||||||||
Cumulative | Non-Cash | Cumulative | ||||||||
Prior | Realized | Scheduled | Unscheduled | Principal | Balance | Current | Realized | |||
Class | Balance | Loss | Principal | Principal | Distributed | Realized Loss | (Recovery) | Change | Balance | Loss |
A-1 | 11,918,342.50 | - | 42,421.06 | 187,403.48 | 229,824.54 | - | - | - | 11,688,517.96 | - |
A-2 | 28,497,043.03 | - | 101,429.76 | 448,086.22 | 549,515.99 | - | - | - | 27,947,527.04 | - |
B-1 | 1,084,360.63 | - | 10,599.76 | 46,826.57 | 57,426.33 | - | - | - | 1,026,934.30 | - |
B-2 | 1,024,066.72 | - | 10,010.38 | 44,222.86 | 54,233.24 | - | - | - | 969,833.48 | - |
B-3 | 873,464.78 | - | 8,538.23 | 37,719.33 | 46,257.56 | - | - | - | 827,207.22 | - |
B-4 | 443,788.16 | - | - | - | - | - | - | - | 443,788.16 | - |
B-5 | 4,763,656.00 | - | - | - | - | - | - | - | 4,763,656.00 | - |
LT-R | - | - | - | - | - | - | - | - | - | - |
R | - | - | - | - | - | - | - | - | - | - |
Total | 48,604,721.82 | - | 172,999.19 | 764,258.46 | 937,257.66 | - | - | - | 47,667,464.16 | - |
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Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-7 | |
RECONCILIATION DETAIL |
June 25, 2025 |
SOURCE OF FUNDS | ALLOCATION OF FUNDS | |||||
Interest Funds Available | Scheduled Fees | |||||
Scheduled Interest | 152,836.19 | Master Servicing Fee | 210.66 | |||
Uncompensated PPIS | 0.00 | Servicing Fee | 10,125.98 | |||
Relief Act Shortfall | 0.00 | Trustee Fee | 48.57 | |||
Losses in Excess of Principal Balance | 0.00 | Securities Administrator Fee | 550.85 | |||
Stop Advance Interest | 0.00 | |||||
Total Scheduled Fees | 10,936.06 | |||||
Other Interest Reductions | 0.00 | |||||
Additional Fees, Expenses, etc. | ||||||
Total Interest Funds Available | 152,836.19 | Trust Fund Expenses | 0.00 | |||
Principal Funds Available | Other Expenses | 0.00 | ||||
Scheduled Principal | 172,999.19 | |||||
Total Additional Fees, Expenses, etc. | - | |||||
Curtailments | 11,920.31 | |||||
Distributions | ||||||
Curtailments Adjustments | 0.00 | |||||
Interest Distribution | 141,900.13 | |||||
Prepayments in Full | 752,338.16 | |||||
Principal Distribution | 937,257.66 | |||||
Liquidation Principal | 0.00 | |||||
Repurchased Principal | 0.00 | Total Distributions | 1,079,157.79 | |||
Other Principal | 0.00 | |||||
Substitution Principal | 0.00 | |||||
Principal Losses and Forgiveness | 0.00 | |||||
Subsequent Recoveries / (Losses) | 0.00 | |||||
Total Principal Funds Available | 937,257.66 | |||||
Total Funds Available | 1,090,093.85 | |||||
Total Funds Allocated | 1,090,093.85 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 7 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-7 |
COLLATERAL PERFORMANCE - POOL AND COLLECTIONS SUMMARY |
June 25, 2025 |
Deal | Initial | Beginning | Ending | Initial | Beginning | Ending | ||||
Count | 595 | 93 | 92 | Remaining Term | 359 | 215 | 214 | |||
Scheduled | 453,588,656.25 | 48,604,722.12 | 47,667,464.46 | Gross Rate | 3.83351 | % | 3.77337 | % | 3.77175 | % |
Actual | 453,588,656.25 | 48,727,799.1 | 47,785,800.45 | Net Rate | 3.56351 | % | 3.50337 | % | 3.50175 | % |
Interest Bearing | 453,588,656.25 | 48,604,722.12 | 47,667,464.46 | |||||||
Principal Collections | Realized Losses | Interest Collections | ||||||||
Scheduled Principal | 172,999.19 | Principal Losses and | Scheduled Interest | 152,836.19 | ||||||
- | ||||||||||
Forgiveness | ||||||||||
Curtailments | 11,920.31 | Less: | - | |||||||
Losses in Excess of Principal | ||||||||||
Curtailments Adjustments | - | - | Master Servicing Fee | 210.66 | ||||||
Balance | ||||||||||
Prepayments in Full | 752,338.16 | Subsequent (Recoveries) / | Servicing Fee | 10,125.98 | ||||||
- | ||||||||||
Losses | ||||||||||
Liquidation Principal | - | Trustee Fee | 48.57 | |||||||
Cumulative Realized Losses | - | |||||||||
Repurchased Principal | - | Securities Administrator Fee | 550.85 | |||||||
Other Principal | - | Uncompensated PPIS | - | |||||||
Substitution Principal | - | Relief Act Shortfall | - | |||||||
Principal Losses and Forgiveness | - | Other Expenses | - | |||||||
Subsequent Recoveries / (Losses) | - | Losses in Excess of Principal Balance | - | |||||||
Stop Advance Interest | - | |||||||||
Other Interest Reductions | - |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 8 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-7 | |
STRATIFICATION DETAIL |
June 25, 2025 |
Loan Rate | |||||
Asset | Ending Scheduled | % of | |||
Loan Rate Range | Count | Balance | Agg.Bal. | WAC | WAM |
3.00 or Less | 0 | 0.00 | 0.00 | 0.0000 | 0 |
3.01 to 3.50 | 11 | 6,076,590.07 | 12.75 | 3.4607 | 213 |
3.51 to 4.00 | 79 | 40,619,701.01 | 85.21 | 3.8086 | 213 |
4.01 to 4.50 | 2 | 971,173.38 | 2.04 | 4.1768 | 214 |
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 | 92 | 47,667,464.46 | 100.00 | 3.7718 | 213 |
Ending Schedule Balance | |||||
Ending Schedule Balance | Asset | Ending Scheduled | % of | ||
Range | Count | Balance | Agg.Bal. | WAC | WAM |
1 to 200,000 | 2 | 225,168.90 | 0.47 | 3.7500 | 214 |
200,001 to 400,000 | 17 | 5,855,186.94 | 12.28 | 3.7643 | 213 |
400,001 to 600,000 | 50 | 25,049,441.10 | 52.55 | 3.7716 | 213 |
600,001 to 800,000 | 19 | 12,868,305.55 | 27.00 | 3.7827 | 214 |
800,001 to 1,000,000 | 3 | 2,639,726.36 | 5.54 | 3.8440 | 214 |
1,000,001 to 1,200,000 | 1 | 1,029,635.61 | 2.16 | 3.5000 | 214 |
1,200,001 to 1,400,000 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
1,400,001 to 1,600,000 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
1,600,001 to 1,800,000 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
1,800,001 to 2,000,000 | 0 | 0.00 | 0.00 | 0.0000 | 0 |
2,000,001 or Greater | 0 | 0.00 | 0.00 | 0.0000 | 0 |
Total | 92 | 47,667,464.46 | 100.00 | 3.7718 | 213 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 9 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-7 |
COLLATERAL PERFORMANCE - DELINQUENCY AND LOAN STATUS |
June 25, 2025 |
Delinquent | ||||||||||||||||||||||||||||||||||||
(Does not include loans in Bankruptcy, Foreclosure, or REO) | ||||||||||||||||||||||||||||||||||||
30 | Day | 60 | Day | 90 | Day | 120 | Day | 150 | Day | 180 | + Day | Bankruptcy | Foreclosure | REO | ||||||||||||||||||||||
Distribution | ||||||||||||||||||||||||||||||||||||
Date | Count | Balance | Count | Balance | Count Balance | Count | Balance | Count | Balance | Count | Balance | Count | Balance | Count | Balance | Count | Balance | |||||||||||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
06/25/2025 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
05/27/2025 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
04/25/2025 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
1 | 725,075 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
03/25/2025 | ||||||||||||||||||||||||||||||||||||
1.08 | % | 1.48 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
02/25/2025 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
01/27/2025 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
12/26/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
11/25/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
10/25/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
09/25/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
08/26/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||||
07/25/2024 | ||||||||||||||||||||||||||||||||||||
0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % | 0.00 | % |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 10 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust |
Mortgage Pass-Through Certificates, Series 2013-7 |
STANDARD PREPAYMENT AND DEFAULT INFORMATION |
June 25, 2025 |
Wtd. Avg. | Current | ||||||||||||||||
Payment | Age | Collateral | Scheduled | Unscheduled | Liquidation | ||||||||||||
Date | (Months) | Balance | Principal | Principal | Principal | SMM | CPR | PSA | MDR | CDR | SDA | ||||||
25-Jun-2025 | 146.09 | 47,667,464.46 | 172,999.19 | 764,258.47 | - | 1.578 | % | 17.376 | % | 290 | % | 0.000 | % | 0.000 | % | 0 | % |
27-May-2025 | 145.09 | 48,604,722.12 | 172,434.65 | 7,060.55 | - | 0.015 | % | 0.174 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Apr-2025 | 144.09 | 48,784,217.32 | 171,871.82 | 7,065.97 | - | 0.014 | % | 0.174 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Mar-2025 | 143.09 | 48,963,155.11 | 171,310.71 | 7,095.96 | - | 0.014 | % | 0.174 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Feb-2025 | 142.09 | 49,141,561.78 | 170,748.33 | 8,065.54 | - | 0.016 | % | 0.197 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
27-Jan-2025 | 141.09 | 49,320,375.65 | 172,370.44 | 786,173.33 | - | 1.569 | % | 17.285 | % | 288 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Dec-2024 | 140.09 | 50,278,919.42 | 171,791.91 | 12,044.33 | - | 0.024 | % | 0.287 | % | 5 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Nov-2024 | 139.09 | 50,462,755.66 | 174,094.03 | 921,958.92 | - | 1.794 | % | 19.528 | % | 325 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Oct-2024 | 138.09 | 51,558,808.61 | 173,526.45 | 6,894.25 | - | 0.013 | % | 0.160 | % | 3 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Sep-2024 | 137.09 | 51,739,229.31 | 174,197.52 | 264,569.83 | - | 0.509 | % | 5.937 | % | 99 | % | 0.000 | % | 0.000 | % | 0 | % |
26-Aug-2024 | 136.09 | 52,177,996.66 | 174,893.36 | 431,481.25 | - | 0.820 | % | 9.410 | % | 157 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jul-2024 | 135.09 | 52,784,371.27 | 174,310.03 | 10,911.93 | - | 0.021 | % | 0.248 | % | 4 | % | 0.000 | % | 0.000 | % | 0 | % |
25-Jun-2024 | 134.09 | 52,969,593.23 | 174,276.95 | 746,373.92 | - | 1.389 | % | 15.457 | % | 258 | % | 0.000 | % | 0.000 | % | 0 | % |
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 2025 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-7 | |
ADDITIONAL REPORTING |
June 25, 2025 |
Amount Remaining Funds |
1,079,157.79 |
Waterfall Detail | ||
Available Distribution Amount | ||
Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -117,991.59 | 961,166.20 |
Senior Certificates, the Senior Principal Distribution Amount | -779,340.53 | 181,825.67 |
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -3,165.76 | 178,659.91 |
Class B-1 Certificates, the Subordinate Principal Distribution Amount | -57,426.33 | 121,233.58 |
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -2,989.73 | 118,243.85 |
Class B-2 Certificates, the Subordinate Principal Distribution Amount | -54,233.24 | 64,010.61 |
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -2,550.06 | 61,460.55 |
Class B-3 Certificates, the Subordinate Principal Distribution Amount | -46,257.56 | 15,202.99 |
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -1,295.63 | 13,907.36 |
Class B-4 Certificates, the Subordinate Principal Distribution Amount | 0.00 | 13,907.36 |
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls | -13,907.36 | 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 2025 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-7 | |
OTHER INFORMATION |
June 25, 2025 |
Principal Percentages | ||
Senior Percentage | 83.151150 | % |
Subordinate Percentage | 16.848850 | % |
Senior Prepayment Percentage | 83.151150 | % |
Subordinate Prepayment Percentage | 16.848850 | % |
Other Information | ||
Step-Down Test satisfied? | Y |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 13 of 14 | © Copyright 2025 Citigroup |
Sequoia Mortgage Trust | |
Mortgage Pass-Through Certificates, Series 2013-7 | |
NOTES | |
No Notes available for this deal at this time. |
June 25, 2025 |
Reports Available at sf.citidirect.com | v. 21.09.28 | Page 14 of 14 | © Copyright 2025 Citigroup |