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.