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: July 29, 2004
SEQUOIA MORTGAGE FUNDING CORPORATION
Collateralized MBS Funding Bonds, Series 2002-A
Certificate Monthly Distribution Summary
Beginning Pass Interest Principal Total Realized Ending Cert
Class CUSIP Cert Balance Through Distribution Distribution Distribution Losses Balance
A-1 81743UAA3 18,598,145.43 1.940000% 30,067.00 6,885,510.24 6,915,577.24 0.00 11,712,635.19
A-2 81743UAB1 3,804,921.90 2.090000% 6,626.91 2,114,313.67 2,120,940.57 0.00 1,690,608.23
Total 22,403,067.33 36,693.91 8,999,823.91 9,036,517.82 0.00 13,403,243.42
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 64,761,000.00 287.181257702 0.464276367 106.321864120 180.859393583 1.940000%
A-2 81743UAB1 15,861,000.00 239.891677440 0.417811338 133.302671184 106.589006255 2.090000%
Total 80,622,000.00 277.877841357 0.455135167 111.629876583 166.247964774
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 85,787,000.00 366,486.11 5.239691% 1,600.23 848.97 2,449.20 0.00 0.00 365,637.14
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 12,022,561.59 2.300000% 23,811.35 350,546.95 374,358.30 0.00 0.00 11,672,014.64
INMC 94-R M2 4,620,000.00 1,584,986.74 3.927387% 5,187.38 1,584,986.72 1,590,174.10 0.00 0.00 0.02
INMC 94-V B1 3,618,000.00 875,525.19 3.762884% 2,745.73 875,625.20 878,370.93 0.00 0.00 (0.01)
INMC 94-X B1 2,769,000.00 825,579.01 3.731359% 2,567.11 825,579.02 828,146.13 0.00 0.00 (0.01)
INMC 95-C B1 12,828,797.00 2,880,381.99 3.960625% 9,506.76 2,880,381.99 2,889,888.75 0.00 0.00 0.00
INMC 95-T A2 65,695,250.00 558,609.00 3.181259% 1,480.90 558,609.00 560,089.90 0.00 0.00 0.00
Total 718,554,901.00 19,114,229.63 46,899.46 7,076,577.84 7,123,477.30 0.30 0.00 12,037,651.79
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 245,813,000.00 285,932.75 3.603079% 858.53 4,644.55 5,503.09 0.00 0.00 281,288.19
INMC 95-E B1 4,608,492.00 2,092,194.18 3.804573% 6,633.26 2,092,194.16 2,098,827.42 0.00 0.00 0.02
PMLT 99-A M1 2,914,000.00 1,504,446.44 2.480001% 3,109.19 60,624.21 63,733.40 0.00 0.00 1,443,822.23
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 3,882,573.36 10,600.98 2,157,462.93 2,168,063.90 0.00 0.00 1,725,110.44
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) 594,041.58 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 5 506,131.38 2 118,538.07 8 1,034,192.36 18 1,391,873.75 25 3,279,917.08 0.00
INMC 94-R 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0.00
INMC 94-V 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0.00
INMC 94-X 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0.00
INMC 95-C 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0.00
INMC 95-T(2) 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0.00
Total 20,951,956.26 5 506,131.38 2 118,538.07 8 1,034,192.36 18 1,391,873.75 25 3,279,917.08 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 3,740,573.15 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0.00
INMC 95-E 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0.00
PMLT 99-A 22,209,258.31 27 1,599,389.95 4 261,764.94 6 500,356.83 16 1,094,345.57 3 155,454.98 20,945.03
RTC 95-2(1) 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0.00
Total 25,949,831.46 27 1,599,389.95 4 261,764.94 6 500,356.83 16 1,094,345.57 3 155,454.98 20,945.03
Total All 46,901,787.72 32 2,105,521.33 6 380,303.01 14 1,534,549.19 34 2,486,219.32 28 3,435,372.06 20,945.03
(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 Ending
Group Beginning Balance Funds Deposited Trustee Fee Management Fee Available Funds Funds Distributed Balance
I 0.00 7,123,477.30 477.86 0.00 7,122,999.44 6,915,577.24 207,422.20
II 0.00 2,168,063.90 97.06 0.00 2,167,966.84 2,120,940.57 47,026.27
Total 0.00 9,291,541.20 574.92 0.00 9,290,966.28 9,036,517.82 254,448.47
Additional Reporting Items Pool I Pool II Total
2.15(a) Available Interest 46,899.46 10,600.98 57,500.43
Available Principal 7,076,577.84 2,157,462.93 9,234,040.77
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 43,594,551.01 36,993,699.33 80,588,250.34
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 207,422.20 47,026.27 254,448.47
Certificateholders
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.