Monthly Payment Date Statement relating to the distribution to Bondholders, April 30, 2003

Contract Categories: Business Operations - Distribution Agreements
EX-10.1 3 f89892exv10w1.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: April 30, 2003 SEQUOIA MORTGAGE FUNDING CORPORATION COLLATERALIZED MBS FUNDING BONDS, SERIES 2002-A CERTIFICATE MONTHLY DISTRIBUTION SUMMARY
BEGINNING INTEREST PRINCIPAL TOTAL REALIZED ENDING CLASS CUSIP CERT BALANCE PASS THROUGH DISTRIBUTION DISTRIBUTION DISTRIBUTION LOSSES CERT BALANCE - ----- ----- ------------ ------------ ------------ ------------ ------------ ------ ------------ A-1 81743UAA3 42,151,853.06 1.910000% 67,091.70 1,063,799.28 1,130,890.98 0.00 41,088,054.37 A-2 81743UAB1 12,736,260.62 2.060000% 21,863.91 492,793.72 514,657.63 0.00 12,243,466.90 - ----- --------- ------------- --------- --------- ------------ ------------ ---- ------------- Total 54,888,114.28 88,955.61 1,556,593.00 1,645,548.61 0.00 53,331,521.28
CURRENT PAYMENT INFORMATION FACTORS PER $1.00" 0
ORIGINAL BEGINNING INTEREST PRINCIPAL ENDING CURRENT CLASS CUSIP CERT BALANCE FACTOR FACTOR FACTOR FACTOR PASS THROUGH - ----- ----- ------------ ------ ------ ------ ------ ------------ A-1 81743UAA3 64,761,000.00 ###-###-#### ###-###-#### ###-###-#### ###-###-#### 1.910000% A-2 81743UAB1 15,861,000.00 ###-###-#### ###-###-#### ###-###-#### ###-###-#### 2.060000% - ----- --------- ------------- ------------- ----------- ------------ ------------- --------- Total 80,622,000.00 680.808145132 1.103366506 19.307298239 661.500846894
UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP I
ORIGINAL BEGINNING PASS INTEREST PRINCIPAL TOTAL SERIES CLASS BALANCE BALANCE THROUGH DISTRIBUTION DISTRIBUTION DISTRIBUTION --------- ----- ------- ------- ------- ------------ ------------ ------------ CWMBS 94K A1 123,119,000.00 1,236,667.76 4.774600% 4,920.49 55,794.89 60,715.39 DLJMA 93-Q18 1A1 51,833,000.00 231,065.61 5.099577% 981.95 31,637.74 32,619.69 DLJMA 94-2A 1A1 85,787,000.00 633,353.54 5.383418% 2,841.34 45,481.81 48,323.14 ONE 00-2 2A 152,653,000.00 7,827,462.26 4.471374% 29,166.26 275,500.41 304,666.67 RYMS3 92-B 1A2 7,712,906.00 0.00 0.000000% 0.00 0.00 0.00 SBM7 94-2 A1 49,384,000.00 1,263,086.23 6.255114% 6,552.38 2,161.85 8,7141.23 SMS 91-K A1 110,588,063.00 0.00 0.000000% 0.00 0.00 0.00 SMS 91-K A3 1,917,885.00 0.00 0.000000% 0.00 0.00 0.00 EAGLE 98-1 M1 46,029,000.00 19,203,588.97 2.305000% 38,116.46 345,519.02 383,635.48 INMC 94-R M2 4,620,000.00 2,585,743.69 4.915174% 10,591.15 105,939.71 116,530.86 INMC 94-V B1 3,618,000.00 1,454,975.32 4.942121% 5,992.22 27,888.57 33,880.79 INMC 94-X B1 2,769,000.00 1,263,477.07 5.166049% 5,439.32 60,481.52 65,920.84 INMC 95-C B1 12,828,797.00 4,299,643.92 5.305851% 19,011.06 107,513.07 126,524.13 INMC 95-T A2 65,695,250.00 2,807,287.89 4.660284% 10,902.30 5,880.69 16,782.99 --------- ---- -------------- ------------- --------- ---------- ------------ ------------ Total 718,554,901.00 42,806,352.26 134,514.93 1,063,799.28 1,198,314.21
REALIZED INTEREST ENDING SERIES LOSSES SHORTFALL BALANCE --------- ---- ---- ------------ CWMBS 94K 0.00 0.00 1,180,872.87 DLJMA 93-Q18 0.00 0.00 199,427.87 DLJMA 94-2A 0.00 0.00 587,871.73 ONE 00-2 0.00 0.00 7,551,961.85 RYMS3 92-B 0.00 0.00 0.00 SBM7 94-2 0.00 0.00 1,260,924.38 SMS 91-K 0.00 0.00 0.00 SMS 91-K 0.00 0.00 0.00 EAGLE 98-1 0.00 0.00 18,858,069.95 INMC 94-R 0.00 0.00 2,479,803.98 INMC 94-V 0.00 0.00 1,427,086.75 INMC 94-X 0.00 0.00 1,202,995.55 INMC 95-C 0.00 402.04 4,192,130.85 INMC 95-T 0.00 0.00 2,801,407.20 --------- ---- ------ ------------- Total 0.00 402.04 41,742,552.97
UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP II
ORIGINAL BEGINNING PASS INTEREST PRINCIPAL TOTAL SERIES CLASS BALANCE BALANCE THROUGH DISTRIBUTION DISTRIBUTION DISTRIBUTION ------ ----- ------- ------- ------- ------------ ------------ ------------ GRCAP 94-HM4 A1 245,813,000.00 457,618.66 5.002303% 1,907.62 14,310.68 16,218.30 INMC 95-E B1 4,608,492.00 2,811,061.75 4.606657% 10,791.33 75,046.92 85,838.25 PMLT 99-A M1 2,914,000.00 2,261,122.59 2.485166% 4,682.72 84,742.97 89,425.69 RTC 95-2 A3 119,696,000.00 7,367,611.58 3.78793% 23,268.10 318,693.15 341,961.24 --------- --- -------------- ------------ -------- --------- ---------- ---------- Total 373,031,492.00 12,897,414.58 40,649.77 492,793.72 533,433.49
REALIZED INTEREST ENDING SERIES LOSSES SHORTFALL BALANCE ------ ------ --------- ------- GRCAP 94-HM4 0.00 0.00 443,307.98 INMC 95-E 0.00 269.47 2,736,014.83 PMLT 99-A 0.00 0.00 2,176,379.62 RTC 95-2 0.00 0.00 7,048,918.44 --------- ----- ------ ------------- Total 0.00 269.47 12,404,620.87
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 8,923,462.37 2 153,695.92 0 0.00 0 0.00 DLJMA 93-Q18(1) 3,447,423.28 1 31,347.91 0 0.00 1 59,390.65 DLJMA 94-2A(1) 955,100.60 0 0.00 0 0.00 0 0.00 ONE 00-2(2) 322,395.334.90 57 7,420,118.00 11 1,054,170.00 18 4,132,201.00 RYMS3 92-B(2) 0.00 0 0.00 0 0.00 0 0.00 SBM7 94-2(2) 4,601,508.00 1 82,921.54 1 108,495.86 0 0.00 SMS 91-K 0.00 0 0.00 0 0.00 0 0.00 EAGLE 98-1 31,932,544.19 15 1,793,999.72 8 713,467.54 23 2,592,987.21 INMC 94-R 7,613,574.35 3 294,095.95 1 236,667.37 1 648,936.85 INMC 94-V 6,385,547.86 2 278,018.62 0 0.00 0 0.00 INMC 94-X 5,685,261.49 2 249,267.88 1 94,089.31 2 191,712.82 INMC 95-C 8,306,563.57 6 729,653.09 2 140,730.56 0 0.00 INMC 95-T(2) 8,059,516.00 4 837,526.72 0 0.00 0 0.00 --------- -------------- -- ------------- -- ------------ -- ------------ Total 408,305,837.21 93 11,870,645.35 24 2,347,620.64 45 7,625,228.53
FORECLOSURE REO REALIZED LOSSES SERIES NO. BALANCE NO. BALANCE CURR. AMOUNT ------ --- ------- --- ------- ------------ CWMBS 94K 1 238,989.21 0 0.00 0.00 DLJMA 93-Q18(1) 1 97,664.38 0 0.00 5,326.72 DLJMA 94-2A(1) 0 0.00 0 0.00 3,393.54 ONE 00-2(2) 18 2,124,013.00 6 1,383,228.00 0.00 RYMS3 92-B(2) 0 0.00 0 0.00 0.00 SBM7 94-2(2) 1 117,009.37 1 126,141.06 0.00 SMS 91-K 0 0.00 0 0.00 0.00 EAGLE 98-1 19 1,815,298.29 23 2,509,017.07 29,611.71 INMC 94-R 2 761,343.89 1 54,440.70 0.00 INMC 94-V 0 0.00 0 0.00 0.00 INMC 94-X 2 546,292.02 0 0.00 0.00 INMC 95-C 5 681,037.33 0 0.00 0.00 INMC 95-T(2) 1 80,367.67 0 0.00 0.00 --------- -- ------------ -- ------------ --------- Total 50 6,462,015.16 31 4,072,826.83 38,331.97
LOANS OUTSTANDING DELINQUENT 30-59 DAYS DELINQUENT 60-89 DAYS DELINQUENT 90+ DAYS SERIES BALANCE NO. BALANCE NO. BALANCE NO. BALANCE ------ ------- --- ------- --- ------- --- ------- GRCAP 94-HM4 6,136,969.27 0 0.00 0 0.00 1 124,114.54 INMC 95-E 13,192,741.62 7 1,858,160.42 5 549,993.40 2 339,163.26 PMLT 99-A 30,799,439.18 30 1,951,612.75 2 170,175.33 6 615,988.05 RTC 95-2(1) 21,027,970.94 9 460,583.86 3 262,287.31 4 302,454.72 - ---------- -------------- --- ------------- -- ------------ -- ------------ Total 71,157,121.71 46 4,270,357.03 10 982,456.04 13 1,381,720.57 - ---------- -------------- --- ------------- -- ------------ -- ------------ Total All 479,462,958.92 139 16,141,002.38 34 3,330,076.68 58 9,006,949.10
FORECLOSURE REO REALIZED LOSSES SERIES NO. BALANCE NO. BALANCE CURR. AMOUNT ------ --- ------- --- ------- ------------ GRCAP 94-HM4 1 45,002.61 0 0.00 0.00 INMC 95-E 5 574,283.25 0 0.00 0.00 PMLT 99-A 23 1,562,052.51 2 393,757.92 0.00 RTC 95-2(1) 2 159,183.63 0 0.00 17,.357.61 --------- -- ------------ -- ------------ ---------- Total 31 2,340,522.01 2 393,757.92 17,357.61 --------- -- ------------ -- ------------ ---------- Total All 81 8,802,537.16 33 4,466,584.75 55,689.58
(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
BEGINNING FUNDS WITHDRAWALS ENDING GROUP BALANCE DEPOSITED TRUSTEE FEE MANAGEMENT FEE AVAILABLE FUNDS FUNDS DISTRIBUTED BALANCE - ----- ------- --------- ----------- -------------- --------------- ----------------- ------- I 0.00 1,198,314.21 1,070.16 0.00 1,197,244.05 1,130,890.98 66,353.07 II 0.00 533,433.49 322.44 0.00 533,121.05 514,657.63 18,463.42 - ----- ---- ------------ -------- ---- ------------ ------------ --------- Total 0.00 1,731,757.70 1,392.59 0.00 1,730,365.11 1,645,548.61 84,816.49
ADDITIONAL REPORTING ITEMS POOL I POOL II TOTAL -------------------------- ------ ------- ----- 2.15(a) Available Interest 134,514.93 40,649.77 175,164.70 Available Principal 1,063,799.28 492,793.72 1,556,593.00 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 1.5290% 1.2495% Ending Actual OC 1.5679% 1.2991% 2.15(g) 2nd preceding pool bal 425,090,632.31 76,649,325.66 501,739,957.97 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 66,353.07 18,463.42 84,816.49
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.