-----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, OnVhLaqdCUXY+QbVEcDUQMPoCQm+8YzhpWra5wiw88iwXLNW0Y/5rg5wELLZ29ar WOnNancA6yxgmiNBQW0kug== 0000950149-04-001292.txt : 20040716 0000950149-04-001292.hdr.sgml : 20040716 20040716164334 ACCESSION NUMBER: 0000950149-04-001292 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040630 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040716 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: 04918438 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 f00310e8vk.txt CURRENT REPORT 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 June 30, 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 (Commission File Number) (I.R.S. Employer Jurisdiction of Incorporation) 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, June 30, 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: July 7, 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, June 30, 2004........ 5
EX-10.1 2 f00310exv10w1.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: June 30, 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 19,293,730.46 1.700000% 27,332.78 695,585.03 722,917.81 0.00 18,598,145.43 A-2 81743UAB1 3,833,285.29 1.850000% 5,909.65 28,363.40 34,273.05 0.00 3,804,921.90 - ------------------------------------------------------------------------------------------------------------------------------------ Total 23,127,015.75 33,242.43 723,948.42 757,190.86 0.00 22,403,067.33 - ------------------------------------------------------------------------------------------------------------------------------------
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 64,761,000.00 297.922058888 0.422056250 10.740801185 287.181257702 1.700000% A-2 81743UAB1 15,861,000.00 241.679925254 0.372589885 1.788247814 239.891677440 1.850000% - ------------------------------------------------------------------------------------------------------------------------------------ Total 80,622,000.00 286.857380741 0.412324589 8.979539383 277.877841357 - ------------------------------------------------------------------------------------------------------------------------------------
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 85,787,000.00 367,331.65 5.239588% 1,603.89 845.54 2,449.42 0.00 0.00 366,486.11 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 12,194,737.30 2.100000% 22,052.15 172,175.71 194,227.86 0.00 0.00 12,022,561.59 INMC 94-R M2 4,620,000.00 1,589,654.83 3.927328% 5,202.58 4,668.09 9,870.67 0.00 0.00 1,584,986.74 INMC 94-V B1 3,618,000.00 949,561.85 3.724370% 2,947.10 73,936.66 76,833.76 0.00 0.00 875,625.19 INMC 94-X B1 2,769,000.00 838,597.41 3.721400% 2,600.63 13,018.40 15,619.03 0.00 0.00 825,579.01 INMC 95-C B1 12,828,797.00 2,954,992.66 3.898897% 9,601.01 74,610.67 84,211.68 0.00 0.00 2,880,381.99 INMC 95-T A2 65,695,250.00 934,240.91 3.019084% 2,350.46 375,631.91 377,982.37 0.00 0.00 558,609.00 - ------------------------------------------------------------------------------------------------------------------------------------ Total 718,554,901.00 19,829,116.60 46,357.82 714,886.97 761,224.80 0.30 0.00 19,114,299.63 - ------------------------------------------------------------------------------------------------------------------------------------
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 245,813,000.00 286,694.23 3.603539% 860.93 761.48 1,622.41 0.00 0.00 285,932.75 INMC 95-E B1 4,608,492.00 2,105,6045.78 3.802693% 6,672.48 13,411.60 20,084.08 0.00 0.00 2,092,194.18 PMLT 99-A M1 2,914,000.00 1,519,215.60 2.273334% 2,878.07 14,769.16 17,647.23 0.00 0.00 1,504,446.44 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 3,911,515.61 10,411.47 28,942.24 39,353.72 0.00 0.00 3,882,573.36 - ------------------------------------------------------------------------------------------------------------------------------------
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) 595,420.87 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 20,357,914.68 7 704,963.42 3 163,523.01 12 1,636,835.87 16 1,799,943.02 10 1,758,089.10 0.00 INMC 94-R 4,870,887.76 1 8,170.61 1 86,275.10 1 277,465.49 0 0.00 0 0.00 0.00 INMC 94-V 3,989,331.62 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0.00 INMC 94-X 3,888,480.85 2 154,575.47 0 0.00 1 46,216.86 1 92,885.77 0 0.00 0.00 INMC 95-C 5,632,027.41 1 118,139.75 1 115,481.89 0 0.00 2 377,854.05 0 0.00 0.00 INMC 95-T(2) 4,260,487.82 1 128,731.09 0 0.00 0 0.00 3 219,785.61 0 0.00 0.00 - ----------------------------------------------------------------------------------------------------------------------------------- Total 43,594,551.01 12 1,114,580.34 5 365,280.00 14 1,960,581.22 22 2,490,468.45 10 1,758,089.01 0.00 - -----------------------------------------------------------------------------------------------------------------------------------
LOANS DELINQUENT DELINQUENT DELINQUENT OUTSTANDING 30-59 DAYS 60-89 DAYS 90+ DAYS FORECLOSURE REO REALIZED LOSSES SERIES BALANCE NO. BALANCE NO. BALANCE NO. BALANCE NO. BALANCE NO. BALANCE CURR. AMOUNT GRCAP 94-HM4 3,976,054.73 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0.00 INMC 95-E 10,116,176.74 5 719,026.47 1 128,875.83 2 292,696.40 2 532,914.06 0 0.00 0.00 PMLT 99-A 23,368,979.27 25 1,688,475.64 10 525,561.46 5 359,958.71 18 1,196,050.62 3 143,366.59 7,986.11 RTC 95-2(1) 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0.00 - ----------------------------------------------------------------------------------------------------------------------------------- Total 37,461,210.74 30 2,407,502.11 11 654,437.29 7 652,655.11 20 1,728,964.68 3 143,366.59 7,986.11 - ----------------------------------------------------------------------------------------------------------------------------------- Total All 82,950,896.33 42 3,522,082.45 16 1,019,717.29 21 2,613,173.33 42 4,219,433.13 13 1,901,455.69 7,986.11 - -----------------------------------------------------------------------------------------------------------------------------------
(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 FUNDS DISTRIBUTED ENDING BALANCE I 0.00 761,244.80 495.73 0.00 760,749.07 722,917.81 37,831.26 II 0.00 39,353.72 97.79 0.00 39,255.93 34,273.05 4,982.88 - --------------------------------------------------------------------------------------------------------------------------------- Total 0.00 800,598.52 593.52 0.00 800,005.00 757,190.86 42,814.14 - ---------------------------------------------------------------------------------------------------------------------------------
ADDITIONAL REPORTING ITEMS POOL I POOL II TOTAL 2.15(a) Available Interest 46,357.82 10,411.47 56,769.30 Available Principal 714,886.97 28,942.24 743,829.22 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) 2nd preceding pool bal 45,489,685.59 37,461,210.74 82,950,896.33 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 37,831.26 4,982.88 42,814.14
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-----