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 AND EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported)

December 12, 2003

         Sequoia Residential Funding, Inc.          

(Exact Name of Registrant as Specified in its Charter)

Delaware	333-103634	35-2170972
(State or Other Jurisdiction Of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

591 Redwood Highway Suite 3160 Mill Valley, California	94941
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code:  (415) 381-1765

                                       No Change                                      

(Former Name or Former Address, if Changed Since Last Report)

Item 5.  Other Events.

In connection with the offering of the Sequoia Mortgage Trust 2003-8 Mortgage Pass-Through Certificates (the “Certificates”), Morgan Stanley & Co. Incorporated, as representative (the “Representative”) of the underwriters of the Certificates, has prepared certain materials (the “Computational Materials”) for distribution to its potential investors.  Although Sequoia Residential Funding, Inc. provided the Representative with certain information regarding the characteristics of the mortgage loans in the related portfolio, it did not participate in the preparation of the Computational Materials.

For purposes of this Form 8-K, “Computational Materials” shall mean computer generated tables and/or charts displaying, with respect to the Certificates, any of the following: yield; average life; duration; expected maturity; interest rate sensitivity; loss sensitivity; cash flow characteristics; background information regarding the loans; the proposed structure; decrement tables; or similar information (tabular or otherwise) of a statistical, mathematical, tabular or computational nature.  The Computational Materials are attached hereto as Exhibit 99.1.

Item 7.  Financial Statements; Pro Forma Financial Information and Exhibits.

(a)

Not applicable.

(b)

Not applicable.

(c)

Exhibits:

99.1

Computational Materials.

SIGNATURES

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 hereunto duly authorized.

       SEQUOIA RESIDENTIAL FUNDING, INC.

By: /s/ John H. Isbrandtsen                                    
Name: John H. Isbrandtsen
 Title: Vice President

Dated:  December 12, 2003

EXHIBIT INDEX

Exhibit No.

Description

Page No.

99.1

Computational Materials

    5

Exhibit 99.1     Computational Material (P)

EX-99

This information is being delivered to a specific number of prospective sophisticated investors in order to assist them in determining whether they have an interest in the type of security described herein.  It has been prepared solely for information purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy.  This material is based on information that Morgan Stanley & Co. Incorporated (“Morgan Stanley”) considers reliable.  Morgan Stanley makes no representation or warranty with respect to the accuracy or completeness of the information, or with respect to the terms of any future offer of securities conforming to the terms hereof.  Any such offer of securities would be made pursuant to a definitive Prospectus or Private Placement Memoran dum, as the case may be, prepared by the issuer which could contain material information not contained herein and to which the prospective purchasers are referred.  In the event of any such offering, this information shall be deemed superseded, amended and supplemented in its entirety by such Prospectus or Private Placement Memorandum.  Such Prospectus or Private Placement Memorandum will contain all material information in respect of any securities offered thereby and any decision to invest in such securities should be made solely in reliance upon such Prospectus or Private Placement Memorandum.  The information contained here in may be based on certain assumptions regarding market conditions and other matters and is therefore subject to change.  We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied on for such purposes.   No representation is made that any returns indicated will be achieved.  Changes to the assumptions may have a material impact on any returns detailed.  Morgan Stanley disclaims any and all liability relating to this information, including without limitation any express or implied representations or warranties for, statements contained in, and omissions from the information contained here in.  Additional information is available upon request.  Morgan Stanley and others associated with it may have positions in, and may effect transaction in, securities and instruments of issuers mentioned herein and may also perform or seek to perform investment banking services for the issuers of such securities and instruments.  Past performance is not necessarily indicative of future results.  Price and availability are subject to change without notice.  Information contained in this material is current as of the date appearing on this material only.  Information in this material rega rding any assets backing any securities discussed herein supercedes all prior information regarding such assets.  Morgan Stanley is acting as the lead underwriter and not acting as agent for the issuer or its affiliates in connection with the proposed transaction.  To our readers worldwide: In addition, please note that this publication has been issued by Morgan Stanley, approved by Morgan Stanley International Limited, a member of The Securities and Futures Authority, and by Morgan Stanley Japan Ltd.  We recommend that such investors obtain the advice of their Morgan Stanley, Morgan Stanley International or Morgan Stanley Japan Ltd.  representative about the investments concerned.  NOT FOR DISTRIBUTION TO PRIVATE CUSTOMERS AS DEFINED BY THE U.K. SECURITIES AND FUTURES AUTHORITY.     

Security X1
Scenario 20C
Avg Life: 1.7816  Total Interest: 13,485,440.07
Per	Date	Balance	Principal	Interest	Coupon	Total
						Cash
0	12/1/2003	941,770,000.00	0	0	-1	0
1	1/20/2004	907,321,343.13	-	627,846.67	0.8	627,846.67
2	2/20/2004	874,087,313.63	-	604,880.90	0.8	604,880.90
3	3/20/2004	842,025,177.98	-	582,724.88	0.8	582,724.88
4	4/20/2004	811,093,612.99	-	561,350.12	0.8	561,350.12
5	5/20/2004	781,252,752.65	-	540,729.08	0.8	540,729.08
6	6/20/2004	752,464,136.68	-	520,835.17	0.8	520,835.17
7	7/20/2004	724,690,660.98	-	501,642.76	0.8	501,642.76
8	8/20/2004	697,896,529.80	-	483,127.11	0.8	483,127.11
9	9/20/2004	672,047,209.64	-	465,264.35	0.8	465,264.35
10	10/20/2004	647,109,384.69	-	448,031.47	0.8	448,031.47
11	11/20/2004	623,050,913.94	-	431,406.26	0.8	431,406.26
12	12/20/2004	599,840,789.72	-	415,367.28	0.8	415,367.28
13	1/20/2005	577,449,097.75	-	399,893.86	0.8	399,893.86
14	2/20/2005	555,846,978.58	-	384,966.07	0.8	384,966.07
15	3/20/2005	535,006,590.40	-	370,564.65	0.8	370,564.65
16	4/20/2005	514,901,073.16	-	356,671.06	0.8	356,671.06
17	5/20/2005	495,504,513.94	-	343,267.38	0.8	343,267.38
18	6/20/2005	476,791,913.56	-	330,336.34	0.8	330,336.34
19	7/20/2005	458,739,154.35	-	317,861.28	0.8	317,861.28
20	8/20/2005	441,322,969.09	-	305,826.10	0.8	305,826.10
21	9/20/2005	425,141,004.74	-	294,215.31	0.8	294,215.31
22	10/20/2005	409,540,579.44	-	283,427.34	0.8	283,427.34
23	11/20/2005	394,500,994.29	-	273,027.05	0.8	273,027.05
24	12/20/2005	380,002,283.67	-	263,000.66	0.8	263,000.66
25	1/20/2006	366,025,189.32	-	253,334.86	0.8	253,334.86
26	2/20/2006	352,551,135.34	-	244,016.79	0.8	244,016.79
27	3/20/2006	339,562,204.04	-	235,034.09	0.8	235,034.09
28	4/20/2006	327,041,112.77	-	226,374.80	0.8	226,374.80
29	5/20/2006	314,971,191.38	-	218,027.41	0.8	218,027.41
30	6/20/2006	303,336,360.57	-	209,980.79	0.8	209,980.79
31	7/20/2006	292,121,111.04	-	202,224.24	0.8	202,224.24
32	8/20/2006	281,310,483.35	-	194,747.41	0.8	194,747.41
33	9/20/2006	270,890,048.44	-	187,540.32	0.8	187,540.32
34	10/20/2006	260,845,888.87	-	180,593.37	0.8	180,593.37
35	11/20/2006	251,164,580.76	-	173,897.26	0.8	173,897.26
36	12/20/2006	241,833,176.36	-	167,443.05	0.8	167,443.05
37	1/20/2007	233,305,687.73	-	161,222.12	0.8	161,222.12
38	2/20/2007	225,078,894.25	-	155,537.13	0.8	155,537.13
39	3/20/2007	217,142,192.85	-	150,052.60	0.8	150,052.60
40	4/20/2007	209,485,354.32	-	144,761.46	0.8	144,761.46
41	5/20/2007	202,098,510.21	-	139,656.90	0.8	139,656.90
42	6/20/2007	0.00	-	134,732.34	0.8	134,732.34
Total			-	13,485,440.07		13,485,440.07