Prime jumbo RMBS
Sequoia Mortgage Trust 2013-1
424B2 filed 2013-01-14, acc 0001144204-13-002185
Backtested periods
93
full remaining life
Comparison points within $1
99.7%
2,139 points
Max principal delta
$0.08
interest $5.15 · balance $0.10
What the encoder found in the filings
- final report (2021-08-25) is the optional-termination distribution — modeled as full-balance retirement funded by the termination purchase price.
- backtest window starts at deal month 11 (2013-12-26); state initialized from that report's reported beginning balances. Floor-provision 'initial' fractions are pinned from this window's first period, not closing — inert for this window (floors cannot bind while subordination is growing).
Capital structure · original faces
1-A1
$151,646,000.00
2-A1
$217,189,000.00
B-1
$10,146,000.00
B-2
$6,764,000.00
B-3
$4,576,000.00
B-4
$3,382,000.00
B-5
$4,178,279.00
viridian = senior (per-pool) · burgundy = cross-collateralized subordinates · IO classes (1-AX, 2-AX) accrue on senior notionals
Worst remaining deltas · computed vs reported
interest
| 2021-07-26 | 2-A1 | -5.15 |
| 2021-07-26 | 2-AX | -5.04 |
| 2021-07-26 | B-5 | +3.64 |
| 2021-07-26 | B-1 | +2.67 |
| 2021-07-26 | B-2 | +1.78 |
principal
| 2013-12-26 | 1-A1 | +0.08 |
| 2021-08-25 | B-5 | +0.05 |
| 2021-08-25 | 1-A1 | -0.04 |
| 2013-12-26 | B-1 | -0.03 |
| 2021-08-25 | B-2 | +0.03 |
ending balance
| 2015-11-25 | 1-A1 | -0.10 |
| 2015-10-26 | 1-A1 | -0.10 |
| 2015-05-26 | 1-A1 | -0.10 |
| 2015-07-27 | 1-A1 | -0.10 |
| 2015-12-28 | 1-A1 | -0.10 |