Item 7(c). Exhibits

EX-10.1 3 f88319exv10w1.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: February 28, 2003 SEQUOIA MORTGAGE FUNDING CORPORATION COLLATERALIZED MBS FUNDING BONDS, SERIES 2002-A CERTIFICATE MONTHLY DISTRIBUTION SUMMARY
BEGINNING PASS MONTHLY INTEREST ADDITIONAL INTEREST INTEREST PRINCIPAL CLASS CUSIP CERT BALANCE THROUGH AMT INTEREST SHORTFALL DISTRIBUTION DISTRIBUTION - ----- ----- ------------ ------- --- -------- --------- ------------ ------------ A-1 81743UAA3 46,722,089.52 1.940000% 75,534.04 0.00 402.04 75,534.04 3,497,306.10 A-2 81743UAB1 13,364,257.76 2.090000% 23,276.08 0.00 269.47 23,276.08 367,751.88 - ---- --------- ------------- --------- --------- ---- ------ --------- ------------ Total 60,086,347.28 98,810.13 0.00 671.51 98,810.13 3,865,057.99
TOTAL REALIZED ENDING CERT CLASS DISTRIBUTION LOSSES BALANCE - ----- ------------ ------ ------- A-1 3,572,840.15 0.00 43,224,783.42 A-2 391,027.97 0.00 12,996,505.88 - ---- ------------ ---- ------------- Total 3,963,868.11 0.00 56,221,289.29
CURRENT PAYMENT INFORMATION FACTORS PER $1.000
ORIGINAL CERT BEGINNING INTEREST PRINCIPAL ENDING CURRENT PASS CLASS CUSIP BALANCE FACTOR FACTOR FACTOR FACTOR THROUGH ----- ----- ------- ------ ------ ------ ------ ------- A-1 81743UAA3 67,761,000.00 ###-###-#### ###-###-#### 54.003275146 667.450833345 1.940000% A-2 81743UAB1 15,861,000.00 ###-###-#### ###-###-#### ###-###-#### 819.400156104 2.090000% ---- --------- ------------- ------------- ----------- ------------ ------------- --------- Total 80,622,000.00 ###-###-#### ###-###-#### 47.940487531 ###-###-####
UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP I
ORIGINAL BEGINNING PASS INTEREST PRINCIPAL TOTAL REALIZED INTEREST SERIES CLASS BALANCE BALANCE THROUGH DISTRIBUTION DISTRIBUTION DISTRIBUTION LOSSES SHORTFALL ------ ----- ------- ------- ------- ------------ ------------ ------------ ------ --------- CWMBS 94K A1 123,119,000.00 1,517,687.22 5.204037% 6,581.75 125,472.31 132,054.06 0.00 0.00 DLJMA 93-Q18 1A1 51,833,000.00 356,200.02 5.126849% 1,521.82 1,211.36 2,733.18 0.00 0.00 DLJMA 94-2A 1A1 85,787,000.00 636,510.33 5.523376% 2,929.74 1,572.13 4,501.87 0.00 0.00 ONE 00-2 2A 152,653,000.00 8,117,823.79 4.812168% 32,553.61 151,092.78 183,646.39 0.00 0.00 RYMS3 92-B 1A2 7,712,906.00 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 SBM7 94-2 A1 49,384,000.00 1,394,523.02 6.076249% 7,061.22 94,559.82 101,621.04 0.00 0.00 SMS 91-K A1 110,588,063.00 1,337,422.74 4.045775% 4,509.09 1,337,422.74 1,341,931.83 0.00 0.00 SMS 91-K A3 1,917,885.00 1,064,191.81 4.335775% 3,845.08 1,064,191.81 1,068,036.89 0.00 0.00 EAGLE 98-1 M1 46,029,000.00 19,964,154.03 2.352500% 37,833.46 480,862.04 518,695.50 0.00 0.00 INMC 94-R M2 4,620,000.00 2,655,020.20 5.403697% 11,955.77 57,904.75 69,860.52 0.00 0.00 INMC 94-V B1 3,618,000.00 1,618,737.08 5.483897% 7,397.49 3,946.23 11,343.72 0.00 0.00 INMC 94-X B1 2,769,000.00 1,453,190.86 5.369629% 6,502.58 116,730.76 123,233.34 0.00 0.00 INMC 95-C B1 12,828,797.00 4,442,571.55 5.327944% 19,724.81 56,663.28 76,388.09 0.00 402.04 INMC 95-T A2 65,695,250.00 2,818,555.47 4.752409% 11,162.44 5,676.10 16,838.54 0.00 0.00 --------- -- -------------- ------------- --------- --------- ------------ ------------ ---- ------ Total 718,554,901.00 47,376,588.12 153,578.86 3,497,306.10 3,650,884.96 0.00 402.04
ENDING SERIES BALANCE ------ ------- CWMBS 94K 1,392,214.92 DLJMA 93-Q18 354,988.66 DLJMA 94-2A 634,938.20 ONE 00-2 7,966,731.01 RYMS3 92-B 0.00 SBM7 94-2 1,299,963.20 SMS 91-K 0.00 SMS 91-K 0.00 EAGLE 98-1 19,483,291.99 INMC 94-R 2,597,115.45 INMC 94-V 1,614,790.85 INMC 94-X 1,336,460.10 INMC 95-C 4,385,908.27 INMC 95-T 2,812,879.37 --------- ------------- Total 43,879,282.02
UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP II
ORIGINAL BEGINNING PASS INTEREST PRINCIPAL TOTAL REALIZED INTEREST SERIES CLASS BALANCE BALANCE THROUGH DISTRIBUTION DISTRIBUTION DISTRIBUTION LOSSES SHORTFALL ------ ----- ------- ------- ------- ------------ ------------ ------------ ------ --------- GRCAP 94-HM4 A1 245,813,000.00 482,532.96 5.567659% 2,238.82 16,184.06 18,422.87 0.00 0.00 INMC 95-E B1 4,608,492.00 2,940,666.85 4.815827% 11,801.45 121,526.70 133,328.16 0.00 269.47 PMLT 99-A M1 2,914,000.00 2,411,637.21 2.370750% 4,764.49 63,567.79 68,332.28 0.00 0.00 RTC 95-2 A3 119,696,000.00 7,690,574.70 4.093095% 26,231.88 166,473.33 192,705.21 0.00 0.00 - ---------- -- -------------- ------------- --------- --------- ---------- ---------- ---- ------ Total 373,031,492.00 13,525,411.72 45,036.64 367,751.88 412,788.52 0.00 269.47
ENDING SERIES BALANCE ------ ------- GRCAP 94-HM4 466,348.91 INMC 95-E 2,819,140.14 PMLT 99-A 2,348,069.42 RTC 95-2 7,524,101.37 - ----------- ------------- Total 13,157,659.84
UNDERLYING POOL DELINQUENT INFORMATION BY GROUP
LOANS OUTSTANDING DELINQUENT 30-59 DAYS DELINQUENT 60-89 DAYS DELINQUENT 90+ DAYS FORECLOSURE SERIES BALANCE NO. BALANCE NO. BALANCE NO. BALANCE NO. BALANCE ------ ------- --- ------- --- ------- --- ------- --- ------- CWMBS 94K 9,206,732.06 1 183,514.59 0 0.00 0 0.00 1 240,002.95 DLJMA 93-Q18(1) 3,862,314.78 1 31,461.55 0 0.00 0 0.00 1 157,564.45 DLJMA 94-2A(1) 1,031,568.32 0 0.00 0 0.00 0 0.00 0 0.00 ONE 00-2(2) 356,524,214.00 67 6,440,310.00 17 1,490,707.00 36 6,354,675.00 19 2,819,806.00 RYMS3 92-B(2) 0.00 0 0.00 0 0.00 0 0.00 0 0.00 SBM7 94-2(2) 5,133,320.96 2 200,454.72 0 0.00 0 0.00 2 330,993.29 SMS 91-K 0.00 0 0.00 0 0.00 0 0.00 0 0.00 EAGLE 98-1 32,991,238.46 12 898,165.99 9 835,259.44 16 1,815,598.88 31 3,796,930.61 INMC 94-R 7,973,747.82 3 842,920.85 0 0.00 0 0.00 3 819,187.98 INMC 94-V 7,225,436.18 2 231,892.67 0 0.00 0 0.00 0 0.00 INMC 94-X 6,316,004.37 4 441,060.87 0 0.00 2 192,414.65 2 548,486.84 INMC 95-C 8,690,526.89 4 480,728.17 1 186,425.71 1 153,302.92 5 683,643.73 INMC 95-T(2) 8,225,235.47 1 134,477.14 0 0.00 0 0.00 1 80,684.12 - -------------- -------------- -- ------------ -- ------------ -- ------------ -- ------------ Total 447,180,339.31 97 9,884,986.55 27 2,512,392.15 55 8,515,991.45 65 9,477,299.97
REO REALIZED LOSSES SERIES NO. BALANCE CURR. AMOUNT ------ --- ------- ------------ CWMBS 94K 0 0.00 0.00 DLJMA 93-Q18(1) 0 0.00 25,785.92 DLJMA 94-2A(1) 0 0.00 3,393.54 ONE 00-2(2) 0 0.00 689,014.46 RYMS3 92-B(2) 0 0.00 0.00 SBM7 94-2(2) 1 126,496.67 0.00 SMS 91-K 0 0.00 0.00 EAGLE 98-1 23 2,273,297.00 21,690.75 INMC 94-R 0 0.00 3.00 INMC 94-V 0 0.00 0.00 INMC 94-X 0 0.00 0.00 INMC 95-C 0 0.00 0.00 INMC 95-T(2) 0 0.00 0.00 - -------------- -- ------------ ---------- Total 24 2,399,793.67 739,887.67
LOANS OUTSTANDING DELINQUENT 30-59 DAYS DELINQUENT 60-89 DAYS DELINQUENT 90+ DAYS FORECLOSURE SERIES BALANCE NO. BALANCE NO. BALANCE NO. BALANCE NO. BALANCE ------ ------- --- ------- --- ------- --- ------- --- ------- GRCAP 94-HM4 6,455,938.90 1 124,612.29 0 0.00 0 0.00 1 45,177.47 INMC 95-E 13,593,562.09 8 2,072,362.07 1 258,659.10 3 383,747.66 4 283,469.61 PMLT 99-A 36,118,629.81 35 2,304,318.19 8 691,714.92 4 358,302.44 25 1,617,421.13 RTC 95-2(1) 22,445,162.39 7 366,582.07 3 236,481.17 5 347,684.47 1 82,662.42 Total 78,613,293.19 51 4,867,874.62 12 1,186,855.19 12 1,089,734.57 31 2,028,730.63 - ---------- -------------- --- ------------- -- ------------ -- ------------ -- ------------- Total All 525,793,632.50 148 14,752,861.17 39 3,699,247.34 67 9,605,726.02 96 11,506,030.60
REO REALIZED LOSSES SERIES NO. BALANCE CURR. AMOUNT ------ --- ------- ------------ GRCAP 94-HM4 0 0.00 0.00 INMC 95-E 1 225,211.47 0.00 PMLT 99-A 2 395,118.89 29,192.98 RTC 95-2(1) 1 43,034.41 0.00 Total 4 663,364.77 29,192.98 - ---------- -- ------------ ---------- Total All 28 3,063,158.44 769,080.65
(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 3,650,884.96 1,184.41 0.00 3,649,700.55 3,572,840.15 76,860.40 II 0.00 412,788.52 338.14 0.00 412,450.38 391,027.97 21,422.42 - ----- ---- ------------ -------- ---- ------------ ------------ --------- Total 0.00 4,063,673.48 1,522.55 0.00 4,062,150.93 3,963,868.11 98,282.82
ADDITIONAL REPORTING ITEMS POOL I POOL II TOTAL -------------------------- ------ ------- ----- 2.15(a) Available Interest 153,578.86 45,036.64 198,615.50 Available Principal 3,497,306.10 367,751.88 3,865,057.99 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 1.3815% 1.1915% Ending Actual OC 1.4916% 1.2248% 2.15(g) 2nd preceding pool bal 11,853,732.63 83,088,852.02 594,942,584.65 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 76,860.40 21,422.42 98,282.82
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.