Sequoia Mortgage Funding Corporation Collateralized MBS Funding Bonds, Series 2002-A Monthly Distribution Summary (January 2003)

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 January 30, 2003. It details the interest and principal payments distributed to bondholders, the balances of the bonds, and the performance of the underlying mortgage-backed securities. The summary includes payment factors, realized losses, and shortfalls, providing transparency to investors regarding the monthly cash flows and status of the bonds.

Read More Arrow
EX-10.1 3 f87540exv10w1.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: January 30, 2003 SEQUOIA MORTGAGE FUNDING CORPORATION COLLATERALIZED MBS FUNDING BONDS, SERIES 2002-A CERTIFICATE MONTHLY DISTRIBUTION SUMMARY
- -------------------------------------------------------------------------------------------------------------------------------- BEGINNING CERT PASS THROUGH MONTHLY INTEREST AMT ADDITIONAL INTEREST CLASS CUSIP BALANCE INTEREST SHORTFALL - -------------------------------------------------------------------------------------------------------------------------------- A-1 81743UAA3 49,166,259.56 2.017500% 82,660.77 0.00 637.42 A-2 81743UAB1 13,712,785.06 2.167500% 24,768.72 0.00 0.00 - -------------------------------------------------------------------------------------------------------------------------------- Total 62,879,044.62 107,429.49 0.00 637.42 - --------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------ INTEREST PRINCIPAL TOTAL REALIZED ENDING CERT CLASS CUSIP DISTRIBUTION DISTRIBUTION DISTRIBUTION LOSSES BALANCE - ------------------------------------------------------------------------------------------------------------------------------ A-1 81743UAA3 82,660.77 2,444,170.05 2,526,830.82 0.00 46,722,089.52 A-2 81743UAB1 24,768.72 348,527.30 373,296.02 0.00 13,364,257.76 - ------------------------------------------------------------------------------------------------------------------------------ Total 107,429 107,429.49 2,900,126.84 0.00 60,086,347.27 - ------------------------------------------------------------------------------------------------------------------------------
CURRENT PAYMENT INFORMATION FACTORS PER $1.000
- ------------------------------------------------------------------------------------------------------------------------- ORIGINAL CERT BEGINNING INTEREST PRINCIPAL CLASS CUSIP BALANCE FACTOR FACTOR FACTOR - ------------------------------------------------------------------------------------------------------------------------- A-1 81743UAA3 67,761,000.00 ###-###-#### ###-###-#### 37.741388276 A-2 81743UAB1 15,861,000.00 ###-###-#### 1.561611374 ###-###-#### - ------------------------------------------------------------------------------------------------------------------------- Total 80,622,000.00 ###-###-#### ###-###-#### ###-###-#### - -------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------- ENDING CURRENT PASS CLASS CUSIP FACTOR THROUGH - ----------------------------------------------------------------------------- A-1 81743UAA3 ###-###-#### 2.017500% A-2 81743UAB1 ###-###-#### 2.167500% - ----------------------------------------------------------------------------- Total ###-###-#### - -----------------------------------------------------------------------------
UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP I
- --------------------------------------------------------------------------------------------------------------------- ORIGINAL BEGINNING PASS INTEREST SERIES CLASS BALANCE BALANCE THROUGH DISTRIBUTION - --------------------------------------------------------------------------------------------------------------------- CWMBS 94K A1 123,119,000.00 1,735,496.00 5.200226% 7,520.81 DLJMA 93-Q18 1A1 51,833,000.00 359,965.40 5.147432% 1,544.08 DLJMA 94-2A 1A1 85,787,000.00 754,538.93 5.918126% 3,721.21 ONE 00-2 2A 152,653,000.00 8,728,132.85 5.076730% 36,925.31 RYMS3 92-B 1A2 7,712,906.00 0.00 0.000000% 0.00 SBM7 94-2 A1 49,384,000.00 1,469,097.71 6.172909% 7,557.17 SMS 91-K A1 110,588,063.00 1,426,619.98 4.434028% 5,271.39 SMS 91-K A3 1,917,885.00 1,089,386.04 4.724022% 4,288.57 EAGLE 98-1 M1 46,029,000.00 20,770,015.86 2.420000% 44,678.61 INMC 94-R M2 4,620,000.00 2,801,520.44 5.700770% 13,309.02 INMC 94-V B1 3,618,000.00 1,701,720.38 5.509053% 7,812.39 INMC 94-X B1 2,769,000.00 1,663,662.64 5.214091% 7,228.74 INMC 95-C B1 12,828,797.00 4,495,946.80 5.506837% 20,632.04 INMC 95-T A2 65,695,250.00 2,824,655.13 5.140536% 12,100.20 - --------------------------------------------------------------------------------------------------------------------- Total 718,554,901.00 49,820,758.16 172,589.55 - ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------- PRINCIPAL TOTAL REALIZED INTEREST ENDING SERIES CLASS DISTRIBUTION DISTRIBUTION LOSSES SHORTFALL BALANCE - ---------------------------------------------------------------------------------------------------------------------------- CWMBS 94K A1 217,808.78 225,329.59 0.00 7.21 1,517,687.22 DLJMA 93-Q18 1A1 3,765.38 5,309.46 0.00 0.00 356,200.02 DLJMA 94-2A 1A1 118,028.60 121,749.81 0.00 0.00 636,510.33 ONE 00-2 2A 610,309.06 647,234.38 0.00 0.00 8,117,823.79 RYMS3 92-B 1A2 0.00 0.00 0.00 0.00 0.00 SBM7 94-2 A1 74,574.69 82,131.87 0.00 0.00 1,394,523.02 SMS 91-K A1 89,197.25 94,468.64 0.00 0.00 1,337,422.74 SMS 91-K A3 25,194.23 29,482.80 0.00 0.00 1,064,191.81 EAGLE 98-1 M1 805,861.83 850,540.44 0.00 0.00 19,964,154.03 INMC 94-R M2 146,500.24 159,809.26 0.00 304.77 2,655,020.20 INMC 94-V B1 82,983.30 90,795.69 0.00 37.02 1,618,737.08 INMC 94-X B1 210,471.78 217,700.52 0.00 288.42 1,453,190.86 INMC 95-C B1 53,375.25 74,007.29 0.00 0.00 4,442,571.55 INMC 95-T A2 6,099.66 18,199.86 0.00 0.00 2,818,555.47 - ---------------------------------------------------------------------------------------------------------------------------- Total 2,444,170.05 2,616,759.60 0.00 637.42 47,376,588.12 - ----------------------------------------------------------------------------------------------------------------------------
UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP II
- --------------------------------------------------------------------------------------------------------------------- ORIGINAL BEGINNING PASS INTEREST SERIES CLASS BALANCE BALANCE THROUGH DISTRIBUTION - --------------------------------------------------------------------------------------------------------------------- GRCAP 94-HM4 A1 245,813,000.00 493,149.34 5.575525% 2,291.31 INMC 95-E B1 4,608,492.00 3,013,726.19 5.140124% 12,909.11 PMLT 99-A M1 2,914,000.00 2,481,344.62 2.688004% 5,558.22 RTC 95-2 A3 119,696,000.00 7,885,718.87 4.319770% 28,387.08 - --------------------------------------------------------------------------------------------------------------------- Total 373,031,492.00 13,873,939.02 49,145.71 - ---------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------- PRINCIPAL TOTAL REALIZED INTEREST ENDING SERIES CLASS DISTRIBUTION DISTRIBUTION LOSSES SHORTFALL BALANCE - ------------------------------------------------------------------------------------------------------------------------------- GRCAP 94-HM4 A1 10,616.37 12,907.68 0.00 0.00 482,532.96 INMC 95-E B1 73,059.35 85,968.45 0.00 0.00 2,940,666.85 PMLT 99-A M1 69,707.41 75,265.63 0.00 0.00 2,411,637.21 RTC 95-2 A3 195,144.17 223,531.25 0.00 0.00 7,690,574.70 - ------------------------------------------------------------------------------------------------------------------------------- Total 348,527.30 397,673.01 0.00 0.00 13,525,411.72 - -------------------------------------------------------------------------------------------------------------------------------
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 9,371,128.88 2 276,533.34 1 196,993.72 0 0.00 DLJMA 93-Q18(1) 3,870,510.48 1 115,808.24 0 0.00 1 116,207.79 DLJMA 94-2A(1) 1,034,122.52 0 0.00 0 0.00 0 0.00 ONE 00-2(2) 378,748,820.00 87 8,220,832.00 9 1,054,370.00 24 4,148,679.00 RYMS3 92-B(2) 0.00 0 0.00 0 0.00 0 0.00 SBM7 94-2(2) 5,353,089.67 2 149,715.23 1 108,920.57 0 0.00 SMS 91-K 4,759,196.91 1 206,981.86 1 134,026.57 1 145,708.11 EAGLE 98-1 33,765,343.61 22 2,139,424.18 9 724,983.62 20 2,258,205.47 INMC 94-R 8,151,528.85 3 858,282.93 0 0.00 1 54,776.43 INMC 94-V 7,243,093.72 3 402,724.29 0 0.00 0 0.00 INMC 94-X 6,867,664.66 3 329,499.08 1 144,745.32 1 48,017.54 INMC 95-C 8,802,803.24 6 665,812.81 1 153,595.49 1 257,019.98 INMC 95-T(2) 8,243,480.86 5 1,060,576.74 1 166,043.62 1 80,841.31 - ------------------------------------------------------------------------------------------------------------------------------------ Total 476,210,783.40 135 14,426,190.70 24 2,683,678.91 50 7,109,455.63 - ------------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------- FORECLOSURE REO REALIZED LOSSES SERIES NO. BALANCE NO. BALANCE CURR. AMOUNT - ----------------------------------------------------------------------------------------------------------------- CWMBS 94K 1 240,506.43 0 0.00 0.00 DLJMA 93-Q18(1) 2 175,040.72 0 0.00 20,638.62 DLJMA 94-2A(1) 0 0.00 0 0.00 0.00 ONE 00-2(2) 21 3,339,238.00 0 0.00 120,714.00 RYMS3 92-B(2) 0 0.00 0 0.00 0.00 SBM7 94-2(2) 3 458,084.03 0 0.00 0.00 SMS 91-K 0 0.00 0 0.00 0.00 EAGLE 98-1 26 2,919,005.16 23 2,320,239.34 459,748.61 INMC 94-R 2 765,910.58 0 0.00 0.00 INMC 94-V 0 0.00 0 0.00 0.00 INMC 94-X 2 549,577.06 0 0.00 0.00 INMC 95-C 4 427,917.49 0 0.00 0.00 INMC 95-T(2) 0 0.00 0 0.00 0.00 - ----------------------------------------------------------------------------------------------------------------- Total 61 8,875,279.47 23 2,320,239.34 601,101.23 - -----------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------ LOANS OUTSTANDING DELINQUENT 30-59 DAYS DELINQUENT 60-89 DAYS DELINQUENT 90+ DAYS SERIES BALANCE NO. BALANCE NO. BALANCE NO. BALANCE - ------------------------------------------------------------------------------------------------------------------------------------ GRCAP 94-HM4 6,679,984.20 1 124,859.35 0 0.00 0 0.00 INMC 95-E 14,179,549.57 9 2,043,168.08 3 289,647.43 3 384,553.24 PMLT 99-A N/A N/A N/A N/A N/A N/A N/A RTC 95-2(1) 22,941,654.52 9 505,451.86 1 116,622.04 5 348,907.54 - ------------------------------------------------------------------------------------------------------------------------------------ Total 43,801,188.29 19 2,673,479.29 4 406,269.47 8 733,460.78 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Total All 520,011,971.69 154 17,099,669.99 28 3,089,948.38 58 7,842,916.41 - ------------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------- FORECLOSURE REO REALIZED LOSSES SERIES NO. BALANCE NO. BALANCE CURR. AMOUNT - -------------------------------------------------------------------------------------------------------- GRCAP 94-HM4 1 45,264.23 0 0.00 0.00 INMC 95-E 3 238,673.65 1 225,588.69 36,792.63 PMLT 99-A N/A N/A N/A N/A N/A RTC 95-2(1) 3 138,784.90 1 43,169.40 0.00 - -------------------------------------------------------------------------------------------------------- Total 7 422,722.78 2 268,758.09 36,792.63 - -------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------- Total All 68 9,298,002.25 25 2,588,997.43 637,893.86 - --------------------------------------------------------------------------------------------------------
(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 GROUP BEGINNING BALANCE FUNDS DEPOSITED TRUSTEE FEE MANAGEMENT FEE AVAILABLE FUNDS - ------------------------------------------------------------------------------------------------------------------------ I 0.00 2,616,759.60 1,245.52 0.00 2,615,514.08 II 0.00 397,673.01 346.85 0.00 397,326.16 - ------------------------------------------------------------------------------------------------------------------------ Total 0.00 3,014,432.61 1,592.37 0.00 3,012,840.24 - ------------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------- ENDING GROUP FUNDS DISTRIBUTED BALANCE - --------------------------------------------------- I 2,526,830.82 88,683.26 II 373,296.02 24,030.14 - --------------------------------------------------- Total 2,900,126.84 112,713.40 - ---------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------- ADDITIONAL REPORTING ITEMS POOL I POOL II TOTAL - ---------------------------------------------------------------------------------------------------------------------------- 2.15(a) Available Interest 172,589.55 49,145.71 221,735.26 Available Principal 2,444,170.05 348,527.30 2,792,697.35 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 1.3137% 1.1616% Ending Actual OC 1.3815% 1.1915% 2.15(g) 2nd preceding pool bal 568,136,574.25 85,377,896.94 653,514,471.19 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 88,683.26 24,030.14 112,713.40 - ----------------------------------------------------------------------------------------------------------------------------
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.