Sequoia Mortgage Funding Corporation Collateralized MBS Funding Bonds, Series 2002-A Monthly Distribution Summary (September 2004)

Contract Categories: Business Finance › Trust Agreements
Summary

This document is a monthly distribution summary prepared by The Bank of New York for Sequoia Mortgage Funding Corporation’s Collateralized MBS Funding Bonds, Series 2002-A, as of September 30, 2004. It details the interest and principal payments made to bondholders, the performance of underlying mortgage-backed securities, delinquency and foreclosure statistics, and account balances. The report is intended for investors and trustees to track the status and cash flows of the bonds and underlying mortgage assets.

Read More Arrow
EX-10.1 2 f02295exv10w1.txt EXHIBIT 10.1 EXHIBIT 10.1 The Bank of New York Corporate Trust and Agency Services 5 Penn Plaza, 16th Floor New York, NY 10001 Patricia O'Neil Manella ###-###-#### Distribution Date: September 30, 2004 SEQUOIA MORTGAGE FUNDING CORPORATION COLLATERALIZED MBS FUNDING BONDS, SERIES 2002-A CERTIFICATE MONTHLY DISTRIBUTION SUMMARY
BEGINNING PASS INTEREST PRINCIPAL TOTAL REALIZED ENDING CERT CLASS CUSIP CERT BALANCE THROUGH DISTRIBUTION DISTRIBUTION DISTRIBUTION LOSSES BALANCE ----- --------- ------------- -------- ------------ ------------ ------------ -------- ------------- A-1 81743UAA3 11,145,886.20 2.240000% 20,805.65 466,237.50 487,043.16 0.00 10,679,648.70 A-2 81743UAB1 1,623,609.25 2.390000% 3,233.69 13,079.19 16,312.88 0.00 1,610,530.06 Total 12,769,495.45 24,039.34 479,316.69 503,356.03 0.00 12,290,178.76
CURRENT PAYMENT INFORMATION FACTORS PER $1.00
ORIGINAL CERT BEGINNING INTEREST PRINCIPAL ENDING CURRENT PASS CLASS CUSIP BALANCE FACTOR FACTOR FACTOR FACTOR THROUGH ----- --------- -------------- ------------- ----------- ----------- ------------- ------------ A-1 81743UAA3 64,761,000.00 172.108000245 0.321268267 ###-###-#### 164.908644077 2.240000% A-2 81743UAB1 15,861,000.00 ###-###-#### 0.203876705 0 ###-###-#### 101.540260006 2.390000% Total 80,622,000.00 ###-###-#### 0 ###-###-#### ###-###-#### 152.441998003
UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP I
ORIGINAL BEGINNING PASS INTEREST SERIES CLASS BALANCE BALANCE THROUGH DISTRIBUTION - ------------ ----- -------------- ------------- --------- ------------ CWMBS 94K A1 123,119,000.00 0.00 0.000000% 0.00 DLJMA 93-Q18 1A1 51,833,000.00 0.00 0.000000% 0.00 DLJMA 94-2A 1A1 85,787,000.00 364,787.84 5.254300% 1,597.25 ONE 00-2 2A 152,653,000.00 0.00 0.000000% 0.00 RYMS3 92-B 1A2 7,712,906.00 0.00 0.000000% 0.00 SBM7 94-2 A1 49,384,000.00 0.00 0.000000% 0.00 SMS 91-K A1 110,588,063.00 0.00 0.000000% 0.00 SMS 91-K A3 1,917,885.00 0.00 0.000000% 0.00 EAGLE 98-1 M1 46,029,000.00 11,090,388.11 2.615000% 26.584.59 INMC 94-R M2 4,620,000.00 0.00 0.000000% 0.00 INMC 94-V B1 3,618,000.00 0.00 0.000000% 0.00 INMC 94-X B1 2,769,000.00 0.00 0.000000% 0.00 INMC 95-C B1 12,828,797.00 0.00 0.000000% 0.00 INMC 95-T A2 65,695,250.00 0.00 0.000000% 0.00 Total 718,554,901.00 11,455,175.95 28,181.84
PRINCIPAL TOTAL REALIZED INTEREST ENDING SERIES DISTRIBUTION DISTRIBUTION LOSSES SHORTFALL BALANCE - ------------ ------------ ------------- -------- --------- ------------- CWMBS 94K 0.00 0.00 0.00 0.00 0.00 DLJMA 93-Q18 0.00 0.00 0.00 0.00 0.00 DLJMA 94-2A 1,163.79 2,761.04 0.00 0.00 363,624.06 ONE 00-2 0.00 0.00 0.00 0.00 0.00 RYMS3 92-B 0.00 0.00 0.00 0.00 0.00 SBM7 94-2 0.00 0.00 0.00 0.00 0.00 SMS 91-K 0.00 0.00 0.00 0.00 0.00 SMS 91-K 0.00 0.00 0.00 0.00 0.00 EAGLE 98-1 478,011.45 504,596.04 0.00 0.00 10,612,376.66 INMC 94-R 0.00 0.00 0.00 0.00 0.00 INMC 94-V 0.00 0.00 0.00 0.00 0.00 INMC 94-X 0.00 0.00 0.00 0.00 0.00 INMC 95-C 0.00 0.00 0.00 0.00 0.00 INMC 95-T 0.00 0.00 0.00 0.00 0.00 Total 479,175.24 507,357.08 0.00 0.00 10,976,000.72
UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP II
ORIGINAL BEGINNING PASS INTEREST SERIES CLASS BALANCE BALANCE THROUGH DISTRIBUTION ------ ----- ------- ------- ------- ------------ GRCAP 94-HM4 A1 245,813,000.00 269,061.54 3.845381% 862.20 INMC 95-E B1 4,608,492.00 0.00 0.000000% 0.00 PMLT 99-A M1 2,914,000.00 1,387,682.59 2.997504% 3,466.32 RTC 95-2 A3 119,696,000.00 0.00 0.000000% 0.00 Total 373,031,492.00 1,656,744.13 4,328.52
PRINCIPAL TOTAL REALIZED INTEREST ENDING SERIES DISTRIBUTION DISTRIBUTION LOSSES SHORTFALL BALANCE ------ ------------ ------------ ------ --------- ------- GRCAP 94-HM4 801.06 1,663.26 0.00 0.00 268,260.48 INMC 95-E 0.00 0.00 0.00 0.00 0.00 PMLT 99-A 12,545.05 16,011.37 0.00 0.00 1,375,137.54 RTC 95-2 0.00 0.00 0.00 0.00 0.00 Total 13,346.11 17,674.63 0.00 0.00 1,643,398.02
UNDERLYING POOL DELINQUENT INFORMATION BY GROUP
LOANS OUTSTANDING DELINQUENT 30-59 DAYS DELINQUENT 60-89 DAYS DELINQUENT 90+ DAYS SERIES BALANCE NO. BALANCE NO. BALANCE NO. BALANCE ------ ------- --- ------- --- ------- --- ------- CWMBS 94K 0.00 0 0.00 0 0.00 0 0.00 DLJMA 93-Q18(1) 0.00 0 0.00 0 0.00 0 0.00 DLJMA 94-2A(1) 590,770.96 0 0.00 0 0.00 0 0.00 ONE 00-2(2) 0.00 0 0.00 0 0.00 0 0.00 RYMS3 92-B(2) 0.00 0 0.00 0 0.00 0 0.00 SBM7 94-2(2) 0.00 0 0.00 0 0.00 0 0.00 SMS 91-K 0.00 0 0.00 0 0.00 0 0.00 EAGLE 98-1 17,970,035.51 4 764,069.87 1 118,791.10 10 1,612,916.24 INMC 94-R 0.00 0 0.00 0 0.00 0 0.00 INMC 94-V 0.00 0 0.00 0 0.00 0 0.00 INMC 94-X 0.00 0 0.00 0 0.00 0 0.00 INMC 95-C 0.00 0 0.00 0 0.00 0 0.00 INMC 95-T(2) 0.00 0 0.00 0 0.00 0 0.00 Total 18,560,806.47 4 764,069.87 1 118,791.10 10 1,612,916.24
FORECLOSURE REO REALIZED LOSSES SERIES NO. BALANCE NO. BALANCE CURR. AMOUNT ------ --- ------- --- ------- ------------ CWMBS 94K 0 0.00 0 0.00 0.00 DLJMA 93-Q18(1) 0 0.00 0 0.00 0.00 DLJMA 94-2A(1) 0 0.00 0 0.00 0.00 ONE 00-2(2) 0 0.00 0 0.00 0.00 RYMS3 92-B(2) 0 0.00 0 0.00 0.00 SBM7 94-2(2) 0 0.00 0 0.00 0.00 SMS 91-K 0 0.00 0 0.00 0.00 EAGLE 98-1 22 1,684,404.78 10 1,321,938.31 0.00 INMC 94-R 0 0.00 0 0.00 0.00 INMC 94-V 0 0.00 0 0.00 0.00 INMC 94-X 0 0.00 0 0.00 0.00 INMC 95-C 0 0.00 0 0.00 0.00 INMC 95-T(2) 0 0.00 0 0.00 0.00 Total 22 1,684,404.78 10 1,321,938.31 0.00
LOANS OUTSTANDING DELINQUENT 30-59 DAYS DELINQUENT 60-89 DAYS DELINQUENT 90+ DAYS SERIES BALANCE NO. BALANCE NO. BALANCE NO. BALANCE ------ ------- --- ------- --- ------- --- ------- GRCAP 94-HM4 3,718,453.78 0 0.00 0 0.00 0 0.00 INMC 95-E 0.00 0 0.00 0 0.00 0 0.00 PMLT 99-A 21,152,732.15 30 1,622,157.89 11 484,792.25 4 333,059.10 RTC 95-2(1) 0.00 0 0.00 0 0.00 0 0.00 Total 24,871,185.93 30 1,622,157.89 11 484,792.25 4 333,059.10 Total All 43,431,992.40 34 2,386,227.76 12 603,583.35 14 1,945,975.34
FORECLOSURE REO REALIZED LOSSES SERIES NO. BALANCE NO. BALANCE CURR. AMOUNT ------ --- ------- --- ------- ------------ GRCAP 94-HM4 0 0.00 0 0.00 0.00 INMC 95-E 0 0.00 0 0.00 0.00 PMLT 99-A 12 661,787.54 3 160,737.41 0.00 RTC 95-2(1) 0 0.00 0 0.00 0.00 Total 12 661,787.54 3 160,737.41 0.00 Total All 34 2,346,192.32 13 1,482,675.72 0.00
- ---------- (1) Information shown for the Underlying Mortgage Loans for this Pooled Security is based on the Underlying Mortgage Loan group related to such Pooled Security only. (2) Information shown for the Underlying Mortgage Loans for this Pooled Security is based on all the Underlying Mortgage Loan groups in the related series. CERTIFICATE ACCOUNT INFORMATION
WITHDRAWALS ENDING GROUP BEGINNING BALANCE FUNDS DEPOSITED TRUSTEE FEE MANAGEMENT FEE AVAILABLE FUNDS FUNDS DISTRIBUTED BALANCE - ----- ----------------- --------------- ----------- -------------- --------------- ----------------- ------- I 0.00 507,357.08 286.38 0.00 507,070.70 487,043.16 20,027.54 II 0.00 17,674.63 41.42 0.00 17,633.21 16,312.88 1,320.34 Total 0.00 525,031.71 327.80 0.00 524,703.91 503,356.03 21,347.88
ADDITIONAL REPORTING ITEMS POOL I POOL II TOTAL -------------------------- ------ ------- ----- 2.15(a) Available Interest 28,181.84 4,328.52 32,510.37 Available Principal 479,175.24 13,346.11 492,521.35 2.15(b) Monthly Interest Amt. see p. 1 2.15(c) Carryforward Interest 0.00 0.00 0.00 2.15(d) Principal Paid see p. 1 2.15(e) Class Print Amts. see p. 1 2.15(f) Beginning Actual OC 2.7000% 2.0000% Ending Actual OC 2.7000% 2.0000% 2.15(g) 2nd preceding pool bal 20,950,576.42 25,075,211.61 46,025,788.03 2.15(h) Required OC 2.7000% 2.0000% 2.15(i) Has Step-up Occurred? No No 2.15(k) Monies Deposited to Reserve Fund 0.00 0.00 0.00 2.15(l) Amts. Dist. to Investor Certificateholders 20,027.54 1,320.34 21,347.88
Note: Management Fee is to be paid on an annual basis. This month's Fee together with last month's annualized amount equals the full annual Fee.