-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PBS5/y2N8k/UesH/9iJYMN48F3xm95EHKO+9FiC044KSVyG0njiLvwRaDfYgG8oZ jPB207vZzomK8tKK++tjWA== 0000950149-04-000560.txt : 20040308 0000950149-04-000560.hdr.sgml : 20040308 20040305182857 ACCESSION NUMBER: 0000950149-04-000560 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040301 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040308 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: 04653202 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 f97107ae8vk.txt FORM 8-K 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 March 1, 2004 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) INFORMATION TO BE INCLUDED IN THE REPORT Item 5. 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 7(c). Exhibits 10.1 Monthly Payment Date Statement relating to the distribution to Bondholders, March 1, 2004. 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: March 5, 2004 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, March 1, 2004........................................... 5
EX-10.1 3 f97107aexv10w1.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 (212) 328-7574 Distribution Date: March 1, 2004 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 22,468,463.35 1.700000% 31,830.32 878,375.46 910,205.78 0.00 21,590,087.90 A-2 81743UAB1 9,265,063.35 1.850000% 14,283.64 376,521.56 390,805.20 0.00 8.888,541.78 - ------------------------------------------------------------------------------------------------------------------------------ Total 31,733,526.70 46,113.96 1,254,897.02 1,301,010.98 0.00 30,478,629.68 - ------------------------------------------------------------------------------------------------------------------------------
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 64,761,000.00 346.944354672 0.491504502 13.563339936 333.381014736 1.700000% A-2 81743UAB1 15,861,000.00 584.141185725 0.900550995 23.738828724 560.402357001 1.850000% - ------------------------------------------------------------------------------------------------------------------------------- Total 80,622,000.00 393.608775517 0.571977406 15.565193371 378.043582145 - -------------------------------------------------------------------------------------------------------------------------------
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 85,787,000.00 411,541.63 5.124738% 1,757.54 1,135.65 2,893.18 0.00 0.00 410,405.98 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 49,384,000.00 958,453.12 5.791838% 4,626.00 1,914.24 6,540.24 0.00 0.00 956,538.88 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 14,078,188.42 2.100000% 24,636.83 748,601.34 773,238.17 0.00 0.00 13,329,587.08 INMC 94-R M2 4,620,000.00 1,674,869.05 3.902440% 5,446.73 70,819.67 76,266.40 0.00 0.00 1,604,049.38 INMC 94-V B1 3,618,000.00 1,014,030.68 3.731402% 3,153.13 55,431.57 58,584.70 0.00 0.00 958,599.11 INMC 94-X B1 2,769,000.00 862,631.18 3.740899% 2,689.18 14,279.36 16,968.54 0.00 0.00 848,351.82 INMC 95-C B1 12,828,797.00 2,985,363.93 3.902933% 9,709.73 7,715.70 17,425.43 0.00 0.00 2,977,648.23 INMC 95-T A2 65,695,250.00 1,106,867.88 3.129165% 2,886.31 2,852.17 5,738.48 0.00 0.00 1,104,015.71 - ------------------------------------------------------------------------------------------------------------------------------------ Total 718,554,901.00 23,091,945.89 54,905.45 957,655.15 957,655.15 0.00 0.00 22,189,196.19 - ------------------------------------------------------------------------------------------------------------------------------------
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 - ------------------------------------------------------------------------------------------------------------------------------------ GRCAP 94-HM4 A1 245,813,000.00 357,672.56 3.828065% 1,140.99 56,355.53 57,496.52 0.00 0.00 301,317.03 INMC 95-E B1 4,608,492.00 2,189,575.81 3.831648% 6,991.40 20,912.69 27,904.09 0.00 0.00 2,168,663.12 PMLT 99-A M1 2,914,000.00 1,627,245.66 2.199997% 2,983.28 28,085.89 31,069.17 0.00 0.00 1,599,159.77 RTC 95-2 A3 119,696,000.00 5,251,723.28 3.020896% 13,220.76 271,167.46 284,388.22 0.00 0.00 4,980,555.82 - ------------------------------------------------------------------------------------------------------------------------------------ Total 373,031,492.00 9,426,217.31 24,336.44 376,521.56 400,858.00 0.00 0.00 9,049,695.75 - ------------------------------------------------------------------------------------------------------------------------------------
UNDERLYING POOL DELINQUENT INFORMATION BY GROUP
- ------------------------------------------------------------------------------------------------------------------- LOANS OUTSTANDING DELINQUENT 30-59 DAYS DELINQUENT 0-89 DAYS DELINQUENT 90+ DAYS FORECLOSURE SERIES BALANCE NO. BALANCE NO. BALANCE NO. BALANCE NO. BALANCE - ------------------------------------------------------------------------------------------------------------------- CWMBS 94K 0.00 0 0.00 0 0.00 0 0.00 0 0.00 DLJMA 93-Q18(1) 0.00 0 0.00 0 0.00 0 0.00 0 0.00 DLJMA 94-2A(1) 666,776.39 0 0.00 0 0.00 0 0.00 0 0.00 ONE 00-2(2) 0.00 0 0.00 0 0.00 0 0.00 0 0.00 RYMS3 92-B(2) 0.00 0 0.00 0 0.00 0 0.00 0 0.00 SBM7 94-2(2) 3,381,979.05 0 0.00 0 0.00 0 0.00 1 115,410.79 SMS 91-K 0.00 0 0.00 0 0.00 0 0.00 0 0.00 EAGLE 98-1 22,571,113.03 11 731,973.00 1 61,605.19 17 2,458,653.54 16 1,222,690.52 INMC 94-R 4,929,469.95 1 634,552.91 0 0.00 0 0.00 2 280,262.95 INMC 94-V 4,367,359.21 2 103,693.35 0 0.00 0 0.00 0 0.00 INMC 94-X 3,995,740.85 3 363,226.96 0 0.00 1 46,680.47 1 93,846.47 INMC 95-C 5,823,138.25 1 87,644.21 0 0.00 0 0.00 2 381,758.57 INMC 95-T(2) 4,960,380.88 1 346,708.33 1 190,764.52 2 151,154.98 0 0.00 - ------------------------------------------------------------------------------------------------------------------- Total 50,695,957.61 19 2,267,798.76 2 252,369.71 20 2,656,488.99 22 2,093,969.30 - ------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------- REO REALIZED LOSSES SERIES NO. BALANCE CURR. AMOUNT - ---------------------------------------------------- CWMBS 94K 0 0.00 0.00 DLJMA 93-Q18(1) 0 0.00 0.00 DLJMA 94-2A(1) 0 0.00 0.00 ONE 00-2(2) 0 0.00 0.00 RYMS3 92-B(2) 0 0.00 0.00 SBM7 94-2(2) 0 0.00 0.00 SMS 91-K 0 0.00 0.00 EAGLE 98-1 6 1,438,039.43 268,811.80 INMC 94-R 0 0.00 0.00 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 7 1,438,039.43 268,811.80 - ----------------------------------------------------
- ----------------------------------------------------------------------------------------------- LOANS OUTSTANDING DELINQUENT 30-59 DAYS DELINQUENT 60-89 DAYS DELINQUENT 90+ DAYS SERIES BALANCE NO. BALANCE NO. BALANCE NO. BALANCE - ----------------------------------------------------------------------------------------------- GRCAP 94-HM4 4,171,306.72 0 0.00 0 0.00 0 0.00 INMC 95-E 10,419,129.58 7 825,984.21 2 73,009.75 0 0.00 PMLT 99-A 24,598,701.70 27 1,930,710.47 8 773,907.44 5 308,029.05 RTC 95-2(1) 16,675,357.57 4 264,019.57 2 48,115.95 6 509,956.23 - ----------------------------------------------------------------------------------------------- Total 55,864,495.57 38 3,020,714.25 12 895,033.14 11 817,985.28 - ----------------------------------------------------------------------------------------------- Total All 106,560,453.18 57 5,288,513.01 14 1,147,402.85 31 3,474,474.27 - ----------------------------------------------------------------------------------------------- - ------------------------------------------------------------------- FORECLOSURE REO REALIZED LOSSES SERIES NO. BALANCE NO. BALANCE CURR. AMOUNT - ------------------------------------------------------------------- GRCAP 94-HM4 0 0.00 0 0.00 0.00 INMC 95-E 3 681,286.82 0 0.00 -5,333.60 PMLT 99-A 21 1,703,140.17 6 226,577.10 0.00 RTC 95-2(1) 3 216,510.27 0 0.00 0.00 - ------------------------------------------------------------------- Total 27 2,600,937.26 6 226,577.10 -5,533.60 - ------------------------------------------------------------------- Total All 49 4,694,906.56 12 1,664,616.53 263,278.20 - -------------------------------------------------------------------
(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 0.00 957,655.15 577.30 0.00 957,077.85 910,205.78 46,872.07 II 0.00 400,858.00 235.66 0.00 400,622.35 390,805.20 9,817.14 - --------------------------------------------------------------------------------------------------------------------- Total 0.00 1,358,513.15 812.95 0.00 1,357,700.20 1,301,010.98 56,689.22 - ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------- ADDITIONAL REPORTING ITEMS POOL I POOL II TOTAL - ---------------------------------------------------------------------------------------------------------- 2.15(a) Available Interest 54,905.45 24,336.44 79,241.89 - ---------------------------------------------------------------------------------------------------------- Available Principal 902,749.70 376,521.56 1,279,271.26 - ---------------------------------------------------------------------------------------------------------- 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% 1.7096% - ---------------------------------------------------------------------------------------------------------- Ending Actual OC 2.7000% 1.7808% - ---------------------------------------------------------------------------------------------------------- 2.15(g) 2nd preceding pool bal 52,537,452.78 57,422,627.94 109,960,080.72 - ---------------------------------------------------------------------------------------------------------- 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 46,872.07 9,817.14 56,689.22 - ----------------------------------------------------------------------------------------------------------
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. -----END PRIVACY-ENHANCED MESSAGE-----