Waterfall Forensics.

Prime jumbo RMBS

Sequoia Mortgage Trust 2013-7

424B5 filed 2013-05-23, acc 0001144204-13-031262

machine-encoded from the prospectus by the extraction pipeline and tied out over 160 periods (2013-06-25 to 2026-09-25); not yet expert-verified

Backtested periods

160

2013-06-25 to 2026-09-25

Comparison points within $1

99.7%

3,654 points

Max principal delta

$0.18

interest $1677.91 · balance $0.19

What the encoder found in the filings

  • window starts at deal month 1 (2013-06-25); earlier reports are not in the machine-readable run

Capital structure · original faces

A-1
$125,000,000.00
A-2
$298,878,000.00
B-1
$8,165,000.00
B-2
$7,711,000.00
B-3
$6,577,000.00
B-4
$2,494,000.00
B-5
$4,763,656.00

viridian = senior (per-pool) · burgundy = cross-collateralized subordinates · IO classes (A-IO1, A-IO2) accrue on senior notionals

Worst remaining deltas · computed vs reported

interest

2024-06-25B-5+1677.91
2024-07-25B-5-1563.49
2024-06-25A-2-923.17
2024-06-25A-1-321.75
2024-06-25A-IO2-221.21

principal

2013-06-25A-2-0.18
2013-06-25A-1-0.07
2021-04-26B-3-0.01
2021-06-25A-1+0.01
2019-09-25A-2+0.01

ending balance

2015-06-25A-2+0.19
2015-03-25A-2+0.19
2015-02-25A-2+0.19
2015-05-26A-2+0.19
2015-07-27A-2+0.19