e8vk

0000950134-05-003257.txt : 20050216 0000950134-05-003257.hdr.sgml : 20050216 20050216150416 ACCESSION NUMBER: 0000950134-05-003257 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050128 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050216 DATE AS OF CHANGE: 20050216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SEQUOIA MORTGAGE FUNDING CORP CENTRAL INDEX KEY: 0001033146 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 911771827 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-22681 FILM NUMBER: 05620627 BUSINESS ADDRESS: STREET 1: 591 REDWOOD HWY STREET 2: STE 3120 CITY: MILL VALLEY STATE: CA ZIP: 94941 BUSINESS PHONE: 4153811765 MAIL ADDRESS: STREET 1: 591 REDWOOD HIGHWAY STREET 2: STE 3120 CITY: MILL VALLEY STATE: CA ZIP: 94941 8-K 1 f05899e8vk.htm FORM 8-K e8vk

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

January 28, 2005
Date of Report (Date of Earliest Event Reported)

SEQUOIA MORTGAGE FUNDING CORPORATION

(as Depositor of Sequoia Mortgage Funding Company 2002-A, the Issuer of Collateralized MBS Funding Bonds, Series 2002-A, under an Indenture dated as of April 1, 2002)

SEQUOIA MORTGAGE FUNDING CORPORATION

(Exact Name of Registrant as Specified in Its Charter)


Delaware	333-22681	91-1771827

(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

One Belvedere Place, Suite 320, Mill Valley, CA 94941
(Address of Principal Executive Offices)

(415) 381-1765
(Registrant’s Telephone Number, Including Area Code)

591 Redwood Highway, Suite 3120, Mill Valley, CA 94941
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS


Item 8.01. Other Events
Item 9.01. Exhibits
SIGNATURE
EXHIBIT INDEX
EXHIBIT 10.1

INFORMATION TO BE INCLUDED IN THE REPORT

Item 8.01. Other Events

Sequoia Mortgage Funding Corporation has previously registered the offer and sale of Collateralized MBS Funding Bonds, Series 2002-A issued by Sequoia Mortgage Funding Company 2002-A (the “Bonds”).

The following exhibit which relates specifically to the Bonds is included with this Current Report:

Item 9.01. Exhibits

10.1 Monthly Payment Date Statement relating to the distribution to Bondholders, January 28, 2005.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: February 15, 2005

SEQUOIA MORTGAGE FUNDING
CORPORATION

By: /s/ Harold F. Zagunis
Harold F. Zagunis
Chief Financial Officer, Treasurer and Secretary

EXHIBIT INDEX


Exhibit Number		Page Number
10.1	Monthly Payment Date Statement relating to the distribution to Bondholders, January 28, 2005		5

EX-10.1 2 f05899exv10w1.htm EXHIBIT 10.1 exv10w1

EXHIBIT 10.1

The Bank of New York
Corporate Trust and Agency Services
2 North LaSalle Street, Suite 1020
Chicago, IL 60602
Charles Baker
(312) 827-8576

Distribution Date: January 28, 2005

SEQUOIA MORTGAGE FUNDING CORPORATION
Collateralized MBS Funding Bonds, Series 2002-A

Certificate Monthly Distribution Summary



			Beginning Cert		Pass			Interest		Principal		Total		Realized		Ending Cert
Class	CUSIP		Balance		Through			Distribution		Distribution		Distribution		Losses		Balance

A-1		81743UAA3		9,186,599.81		3.020000	%		23,119.61		321,183.17		344,302.78		0.00		8,865,416.64
A-2		81743UAB1		1,259,884.94		3.570000	%		3,748.16		19,034.93		22,783.09		0.00		1,240,850.01

Total				10,446,484.76					26,867.77		340,218.10		367,085.87		0.00		10,106,266.65

Current Payment Information
Factors per $1.00



			Original Cert		Beginning		Interest		Principal		Ending		Current Pass
Class	CUSIP		Balance		Factor		Factor		Factor		Factor		Through

A-1		81743UAA3		64,761,000.00		141.853890666		0.356998958		4.959515336		136.894375330		3.020000	%
A-2		81743UAB1		15,861,000.00		79.432882063		0.236312824		1.200109199		78.232772864		3.570000	%

Total				80,622,000.00		129.573624517		0.333256025		4.219916458		125.353708060

Underlying Certificates Monthly Distribution – Group I



			Original		Beginning		Pass			Interest		Principal		Total		Realized		Interest		Ending
Series	Class		Balance		Balance		Through			Distribution		Distribution		Distribution		Losses		Shortfall		Balance

CWMBS 94K		A1		123,119,000.00		0.00		0.000000	%		0.00		0.00		0.00		0.00		0.00		0.00
DLJMA 93-Q18		1A1		51,833,000.00		0.00		0.000000	%		0.00		0.00		0.00		0.00		0.00		0.00
DLJMA 94-2A		1A1		85,787,000.00		275,700.44		5.105185	%		1,172.92		684.25		1,857.17		0.00		0.00		275,016.19
ONE 00-2		2A		152,653,000.00		0.00		0.000000	%		0.00		0.00		0.00		0.00		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		0.00
SBM7 94-2		A1		49,384,000.00		0.00		0.000000	%		0.00		0.00		0.00		0.00		0.00		0.00
SMS 91-K		A1		110,588,063.00		0.00		0.000000	%		0.00		0.00		0.00		0.00		0.00		0.00
SMS 91-K		A3		1,917,885.00		0.00		0.000000	%		0.00		0.00		0.00		0.00		0.00		0.00
EAGLE 98-1		M1		46,029,000.00		9,165,820.43		2.897500	%		25,233.37		329,411.51		354,644.88		0.00		0.00		8,836,408.93
INMC 94-R		M2		4,620,000.00		0.00		0.000000	%		0.00		0.00		0.00		0.00		0.00		0.00
INMC 94-V		B1		3,618,000.00		0.00		0.000000	%		0.00		0.00		0.00		0.00		0.00		0.00
INMC 94-X		B1		2,769,000.00		0.00		0.000000	%		0.00		0.00		0.00		0.00		0.00		0.00
INMC 95-C		B1		12,828,797.00		0.00		0.000000	%		0.00		0.00		0.00		0.00		0.00		0.00
INMC 95-T		A2		65,695,250.00		0.00		0.000000	%		0.00		0.00		0.00		0.00		0.00		0.00

Total				718,554,901.00		9,441,520.88					26,406.29		330,095.76		356,502.05		0.00		0.00		9,111,425.12

Underlying Certificates Monthly Distribution – Group II



			Original		Beginning		Pass			Interest		Principal		Total		Realized		Interest		Ending
Series	Class		Balance		Balance		Through			Distribution		Distribution		Distribution		Losses		Shortfall		Balance

GRCAP94-HM4		A1		245,813,000.00		0.00		0.000000	%		0.00		0.00		0.00		0.00		0.00		0.00
INMC 95-E		B1		4,608,492.00		0.00		0.000000	%		0.00		0.00		0.00		0.00		0.00		0.00
PMLT 99-A		M1		2,914,000.00		1,285,596.88		3.400248	%		3,642.79		19,423.40		23,066.19		0.00		0.00		1,266,173.48
RTC 95-2		A3		119,696,000.00		0.00		0.000000	%		0.00		0.00		0.00		0.00		0.00		0.00

Total				373,031,492.00		1,285,596.88					3,642.79		19,423.40		23,066.19		0.00		0.00		1,266,173.48

Underlying Pool Delinquent Information by Group



	Loans		Delinquent				Delinquent				Delinquent
	Outstanding		30-59 Days				0-89 Days				90+ Days				Foreclosure				REO				Realized Losses
Series	Balance		No.		Balance		No.		Balance		No.		Balance		No.		Balance		No.		Balance		Curr. Amount

CWMBS 94K		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00
DLJMA 93-Q18(1)		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00
DLJMA 94-2A(1)		446,811.97		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00
ONE 00-2(2)		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00
RYMS3 92-B(2)		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00
SBM7 94-2(2)		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00
SMS 91-K		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00
EAGLE 98-1		14,962,772.93		8		968,201.75		2		124,552.46		8		1,075,095.09		9		868,068.11		10		1,059,112.28		0.00
INMC 94-R		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00
INMC 94-V		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00
INMC 94-X		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00
INMC 95-C		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00
INMC 95-T(2)		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00

Total		14,962,772.93		8		968,201.75		2		124,552.46		8		1,075,095.09		9		868,068.11		10		1,059,112.28		0.00



	Loans		Delinquent				Delinquent				Delinquent
	Outstanding		30-59 Days				0-89 Days				90+ Days				Foreclosure				REO				Realized Losses
Series	Balance		No.		Balance		No.		Balance		No.		Balance		No.		Balance		No.		Balance		Curr. Amount

GRCAP94-HM4		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00
INMC 95-E		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00
PMLT 99-A		19,476,617.82		18		1,222,435.81		7		306,557.29		5		395,653.96		11		611,670.44		4		207,705.61		0.00
RTC 95-2(1)		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0.00

Total		19,476,617.82		18		1,222,435.81		7		306,557.29		5		395,653.96		11		611,670.44		4		207,705.61		0.00



Total All		34,439,390.75		26		2,190,637.56		9		431,109.75		13		1,470,749.05		20		1,479,738.55		14		1,266,817.89		0.00

(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		Management		Available	Funds	Ending
Group	Balance		Deposited		Trustee Fee		Fee		Funds	Distributed	Balance

I		0.00		356,502.05		236.04		0.00	356,266.01	344,302.78		11,963.23
II		0.00		23,066.19		32.14		0.00	23,034.05	22,783.09		250.96

Total		0.00		379,568.24		268.18		0.00	379,300.06	367,085.87		12,214.19



	Additional Reporting Items	Pool I			Pool II			Total

2.15(a)	Available Interest		26,406.29			3,642.79			30,049.08

	Available Principal		330,095.76			19,423.40			349,519.16

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		2.7000	%		2.0000	%

	Ending Actual OC		2.7000	%		2.0000	%

2.15(g)	2^nd preceding pool bal		15,968,492.13			19,775,393.80			35,743,885.93

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		137.51			0.00			137.51

	Monies Withdrawn from Reserve Fund		137.51			0.00			137.51

2.15(l)	Amts. Dist. to Investor Certificateholders		11,963.23			250.96			12,214.19

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.

Table of Contents

Table of Contents

Table of Contents

Table of Contents

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


	SEQUOIA MORTGAGE FUNDING CORPORATION
	By:	/s/ Harold F. Zagunis
		Harold F. Zagunis
		Chief Financial Officer, Treasurer and Secretary

(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.