Filed Pursuant to Rule 424(b)(3)
Registration Nos. 333-90772
333-90772-01

$642,998,100 (Approximate)

SEQUOIA MORTGAGE TRUST 8

Mortgage Pass-Through Certificates

SEQUOIA RESIDENTIAL FUNDING, INC.
Depositor

April 8, 2004

SECURITY	PRICE PAID			PRICE RECEIVED
Sequoia Mortgage Trust 8 Class XB Certificates		2.432	%		2.3181	%

     The above referenced securities are being sold by Redwood Trust, Inc., parent of the Depositor, at the price set forth above to Acacia CDO 4, Ltd., an exempted company incorporated under the laws of the Cayman Islands (“Acacia 4”) for pledge by it to Wells Fargo Bank, National Association, as Trustee under an Indenture dated as of April 8, 2004, among Acacia 4, Acacia CDO 4, Inc. and the Trustee.

Company Contact
Andrew Sirkis
(415) 389-7373
andy@redwoodtrust.com

The prospectus supplement dated July 26, 2002, should be read in its entirety by anyone considering an investment in the Securities being
offered by Redwood Trust, Inc.

Consider carefully the risk factors beginning on page S-13 of the prospectus supplement.

The investments referred to above are not insured or guaranteed by any governmental agency. Offers of these Securities are made by
prospectus.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disproved these
securities or determined if the prospectus supplement dated July 26, 2002 or this prospectus supplement are accurate
or complete. Any representation to the contrary is a criminal offense.

Supplement dated April 8, 2004
to the Prospectus Supplement dated July 26, 2002