EX-10.1 3 f86679exv10w1.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: October 30, 2002 SEQUOIA MORTGAGE FUNDING CORPORATION COLLATERALIZED MBS FUNDING BONDS, SERIES 2002-A CERTIFICATE MONTHLY DISTRIBUTION SUMMARY
- ---------------------------------------------------------------------------- BEGINNING PASS MONTHLY ADDITIONAL CLASS CUSIP CERT BALANCE THROUGH INTEREST AMT INTEREST - ---------------------------------------------------------------------------- A-1 81743UAA3 57,379,288.97 2.420000% 115,714.90 0.00 A-2 81743UAB1 14,451,404.30 2.570000% 30,950.09 0.00 - ---------------------------------------------------------------------------- Total 71,830,693.27 146,664.99 0.00 - ----------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------- INTEREST INTEREST PRINCIPAL TOTAL REALIZED ENDING CERT CLASS SHORTFALL DISTRIBUTION DISTRIBUTION DISTRIBUTION LOSSES BALANCE - ------------------------------------------------------------------------------------------- A-1 0.00 115,714.90 1,295,396.51 1,411,111.41 0.00 56,083,892.46 A-2 0.00 30,950.09 190,328.81 221,278.90 0.00 14,261,075.49 - ------------------------------------------------------------------------------------------- Total 0.00 146,664.99 1,485,725.32 1,632,390.31 0.00 70,344,967.95 - -------------------------------------------------------------------------------------------
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 64,761,000.00 ###-###-#### ###-###-#### 20.002725622 ###-###-#### 2.420000% A-2 81743UAB1 15,861,000.00 ###-###-#### 1.951332884 ###-###-#### ###-###-#### 2.570000% - --------------------------------------------------------------------------------------------------------------------- Total 80,622,000.00 ###-###-#### ###-###-#### ###-###-#### ###-###-#### - ---------------------------------------------------------------------------------------------------------------------
UNDERLYING CERTIFICATES MONTHLY DISTRIBUTION - GROUP I
Note: The Interest Distribution for SBM7 94-2 was overstated during the 5/02, 6/02 and 7/02 distributions by a total of $1,013.97. This month's Interest Distribution has been reduced by the amount and as a result Investor Certificateholders will receive $1,013.97 less. UNDERLYING POOL DELINQUENT INFORMATION BY GROUP
(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 1,525,835.98 1,450.84 0.00 1,524,385.14 1,411,111.41 113,273.72 II 0.00 248,397.06 365.31 0.00 248,031.75 221,278.90 26,752.85 - -------------------------------------------------------------------------------------------------------------------------------- Total 0.00 1,774,233.04 1,816.16 0.00 1,772,416.88 1,632,390.31 140,026.57 - --------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------- ADDITIONAL REPORTING ITEMS POOL I POOL II TOTAL - ------------------------------------------------------------------------------------------------------------- 2.15(a) Available Interest 230,439.47 58,068.25 288,507.72 - ------------------------------------------------------------------------------------------------------------- Available Principal 1,295,396.51 190,328.81 1,485,725.32 - ------------------------------------------------------------------------------------------------------------- 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 1.1278% 1.1028% - ------------------------------------------------------------------------------------------------------------- Ending Actual OC 1.1535% 1.1174% - ------------------------------------------------------------------------------------------------------------- 2.15(g) 2nd preceding pool bal 670,739,525.54 92,433,368.96 763,182,894.50 - ------------------------------------------------------------------------------------------------------------- 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 113,273.72 26,752.85 140,026.57 - -------------------------------------------------------------------------------------------------------------
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.