
Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1


*CONTACT INFORMATION*
Depositor	Sequoia Residential Funding, Inc.
Trustee	U.S. Bank National Association
Master Servicer	Wells Fargo Bank, N.A.


*CONTENTS*
Distribution Summary	2
Distribution Summary (Factors)	3
Interest Distribution	4
Principal Distribution	5
Reconciliation Detail	6
Collateral Summary	7
Stratification Detail	10
Delinquency Information	11
Standard Prepayment and Default Information	15
Distribution Waterfall Detail	16
Other Information	17
Asset Level Detail	18


Deal Contact:	Karen Schluter	Citibank, N.A.
	karen.schluter@citi.com	Agency and Trust
	Tel: (212) 816-5827	388 Greenwich Street
	Fax: (212) 816-5527	New York, NY 10013


Reports Available at	sf.citidirect.com	Page 1 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

*DISTRIBUTION IN DOLLARS*		*Distribution Summary*


				Prior		Pass-																		Current
		Original		Principal		Through		Accrual		Accrual		Interest		Principal			Total		Balance		Realized			Principal
Class		Balance		Balance		Rate		Day Count		Dates		Distributed		Distributed			Distributed		Change		Loss			Balance
(1	)	(2	)	(3	)	(4	)	(5	)	(6	)	(7	)	(8	)	(9)=	(7	+8)	(10	)	(11	)	(12)=	(3-8+10-11)
1	-A1	179,733,000.00		6,582,138.85		2.865000	%	30 / 360		11/01 - 11/30		15,714.86		65,080.72			80,795.58		0.00		0.00			6,517,058.13
2	-A1	201,698,000.00		10,549,625.60		3.474000	%	30 / 360		11/01 - 11/30		30,541.17		426,754.93			457,296.10		0.00		0.00			10,122,870.67
B-1		11,016,000.00		7,357,290.76		4.280192	%	30 / 360		11/01 - 11/30		26,242.18		80,747.93			106,990.11		0.00		0.00			7,276,542.83
B-2		8,315,000.00		5,553,365.33		4.280192	%	30 / 360		11/01 - 11/30		19,807.89		60,949.44			80,757.33		0.00		0.00			5,492,415.89
B-3		5,197,000.00		3,470,936.81		4.280192	%	30 / 360		11/01 - 11/30		12,380.23		38,094.32			50,474.55		0.00		0.00			3,432,842.49
B-4		5,404,000.00		3,609,186.58		4.280192	%	30 / 360		11/01 - 11/30		12,873.34		39,611.64			52,484.98		0.00		0.00			3,569,574.94
B-5		4,365,134.00		4,365,133.99		4.280192	%	30 / 360		11/01 - 11/30		15,569.67		0.00			15,569.67		0.00		0.00			4,365,133.99
R		0.00		0.00		0.000000	%	-		-		0.00		0.00			0.00		0.00		0.00			0.00
LT-R		0.00		0.00		0.000000	%	-		-		0.00		0.00			0.00		0.00		0.00			0.00
Totals		415,728,134.00		41,487,677.92								133,129.34		711,238.98			844,368.32		0.00		0.00			40,776,438.94


Notional Classes
1-AX	179,733,000.00	6,582,138.85	1.057291	%	30 / 360	11/01 - 11/30	5,799.36	0.00	5,799.36	0.00	0.00	6,517,058.13
2-AX	201,698,000.00	10,549,625.60	1.051402	%	30 / 360	11/01 - 11/30	9,243.25	0.00	9,243.25	0.00	0.00	10,122,870.67
Totals	381,431,000.00	17,131,764.45					15,042.61	0.00	15,042.61	0.00	0.00	16,639,928.80


Reports Available at	sf.citidirect.com	Page 2 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

*PER $1,000 OF ORIGINAL BALANCE*		*Distribution Summary (Factors)*


					Prior						Current
				Record	Principal	Interest	Principal	Total	Balance	Realized	Principal
Class		CUSIP(s)		Date	Balance	Distributed	Distributed	Distributed	Change	Loss	Balance
					(3/2 x 1000)	(7/2 x 1000)	(8/2 x 1000)	(9/2 x 1000)	(10/2 x 1000)	(11/2 x 1000)	(12/2 x 1000)
1	-A1	81744	TAA5	11/30/2018	36.621760	0.087434	0.362097	0.449531	0.000000	0.000000	36.259664
2	-A1	81744	TAB3	11/30/2018	52.304066	0.151420	2.115811	2.267232	0.000000	0.000000	50.188255
B-1		81744	TAE7	11/30/2018	667.873163	2.382188	7.330059	9.712247	0.000000	0.000000	660.543104
B-2		81744	TAF4	11/30/2018	667.873161	2.382188	7.330059	9.712247	0.000000	0.000000	660.543102
B-3		81744	TAG2	11/30/2018	667.873160	2.382188	7.330060	9.712247	0.000000	0.000000	660.543100
B-4		81744	TAH0	11/30/2018	667.873164	2.382187	7.330059	9.712246	0.000000	0.000000	660.543105
B-5		81744	TAJ6	11/30/2018	999.999998	3.566825	0.000000	3.566825	0.000000	0.000000	999.999998
R		81744	TAK3	11/30/2018	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000
LT-R		81744	TAL1	11/30/2018	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000
1	-AX	81744	TAC1	11/30/2018	36.621760	0.032267	0.000000	0.032267	0.000000	0.000000	36.259664
2	-AX	81744	TAD9	11/30/2018	52.304066	0.045827	0.000000	0.045827	0.000000	0.000000	50.188255


Reports Available at	sf.citidirect.com	Page 3 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

*DISTRIBUTION IN DOLLARS*		*Interest Distribution Detail*


		Prior		Pass-		Next Pass-			Interest		Optimal		Prior		Interest on		Non-Recov.									Current
		Principal		Through		Through			Accrual Day		Accrued		Unpaid		Prior Unpaid		Interest			Interest	Deferred		Interest			Unpaid
Class		Balance		Rate		Rate			Cnt Fraction		Interest		Interest		Interest		Shortfall			Due	Interest		Distributed			Interest
(1	)	(2	)	(3	)		(4	)	(5	)	(6	)	(7	)	(8	)	(9	)	(10)=	(6)+(7)+(8)-(9)	(11	)	(12	)	(13)=	(10)-(11)-(12)
1	-A1	6,582,138.85		2.865000	%	-	%		30 / 360		15,714.86		0.00		0.00		0.00			15,714.86	0.00		15,714.86			0.00
2	-A1	10,549,625.60		3.474000	%	-	%		30 / 360		30,541.17		0.00		0.00		0.00			30,541.17	0.00		30,541.17			0.00
B-1		7,357,290.76		4.280192	%	-	%		30 / 360		26,242.18		0.00		0.00		0.00			26,242.18	0.00		26,242.18			0.00
B-2		5,553,365.33		4.280192	%	-	%		30 / 360		19,807.89		0.00		0.00		0.00			19,807.89	0.00		19,807.89			0.00
B-3		3,470,936.81		4.280192	%	-	%		30 / 360		12,380.23		0.00		0.00		0.00			12,380.23	0.00		12,380.23			0.00
B-4		3,609,186.58		4.280192	%	-	%		30 / 360		12,873.34		0.00		0.00		0.00			12,873.34	0.00		12,873.34			0.00
B-5		4,365,133.99		4.280192	%	-	%		30 / 360		15,569.67		8,973.04		0.00		0.00			24,542.71	0.00		15,569.67			8,973.04
R		0.00		0.000000	%		-		-		0.00		0.00		0.00		0.00			0.00	0.00		0.00			0.00
LT-R		0.00		0.000000	%		-		-		0.00		0.00		0.00		0.00			0.00	0.00		0.00			0.00
Totals		41,487,677.92									133,129.34		8,973.04		0.00		0.00			142,102.38	0.00		133,129.34			8,973.04


Notional Classes
1-AX	6,582,138.85	1.057291	%	-	30 / 360	5,799.36	0.00	0.00	0.00	5,799.36	0.00	5,799.36	0.00
2-AX	10,549,625.60	1.051402	%	-	30 / 360	9,243.25	0.00	0.00	0.00	9,243.25	0.00	9,243.25	0.00
Totals	17,131,764.45					15,042.61	0.00	0.00	0.00	15,042.61	0.00	15,042.61	0.00


Reports Available at	sf.citidirect.com	Page 4 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

*DISTRIBUTION IN DOLLARS*		*Principal Distribution Detail*


				Prior		Scheduled		Unscheduled				Current		Current			Current		Cumulative Original Current Original Current
		Original		Principal		Principal		Principal		Balance		Realized		Principal			Principal		Realized		Class		Class		Credit		Credit
Class		Balance		Balance		Distribution		Distribution		Change		Losses		Recoveries			Balance		Losses		(%)		(%)		Support Support
(1	)	(2	)	(3	)	(4	)	(5	)	(6	)	(7	)	(8	)	(9)=	(3)-(4)-(5)+(6)-		(10	)	(11	)	(12	)	(13	)	(14	)
																(7)+	(8	)
1	-A1	179,733,000.00		6,582,138.85		39,926.46		25,154.26		0.00		0.00		0.00			6,517,058.13		0.00		43.23	%	15.98	%	8.25	%	59.19	%
2	-A1	201,698,000.00		10,549,625.60		21,532.19		405,222.74		0.00		0.00		0.00			10,122,870.67		0.00		48.52	%	24.83	%	8.25	%	59.19	%
B-1		11,016,000.00		7,357,290.76		32,963.85		47,784.08		0.00		0.00		0.00			7,276,542.83		0.00		2.65	%	17.85	%	5.60	%	41.35	%
B-2		8,315,000.00		5,553,365.33		24,881.48		36,067.96		0.00		0.00		0.00			5,492,415.89		0.00		2.00	%	13.47	%	3.60	%	27.88	%
B-3		5,197,000.00		3,470,936.81		15,551.30		22,543.02		0.00		0.00		0.00			3,432,842.49		0.00		1.25	%	8.42	%	2.35	%	19.46	%
B-4		5,404,000.00		3,609,186.58		16,170.72		23,440.92		0.00		0.00		0.00			3,569,574.94		0.00		1.30	%	8.75	%	1.05	%	10.71	%
B-5		4,365,134.00		4,365,133.99		0.00		0.00		0.00		0.00		0.00			4,365,133.99		0.00		1.05	%	10.71	%	0.00	%	0.00	%
Totals		415,728,134.00		41,487,677.92		151,026.00		560,212.98		0.00		0.00		0.00			40,776,438.94		0.00		100	%	100	%


Reports Available at	sf.citidirect.com	Page 5 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

		*Reconciliation Detail*


*SOURCE OF FUNDS*

Interest Funds Available
Scheduled Interest	157,630.20
Uncompensated PPIS	0.00
Relief Act Shortfall	0.00
Losses in Excess of Principal Balance	0.00
Stop Advance Interest	0.00
Other Interest Amounts	0.00
Total Interest Funds Available:		157,630.20
Principal Funds Available
Scheduled Principal	151,026.01
Curtailments	34,103.81
Curtailments Adjustments	0.00
Prepayments in Full	526,109.16
Liquidation Principal	0.00
Repurchased Principal	0.00
Other Principal	0.00
Substitution Principal	0.00
Principal Losses and Forgiveness	0.00
Subsequent Recoveries / (Losses)	0.00
Total Principal Funds Available:		711,238.98
Total Funds Available		868,869.18


*ALLOCATION OF FUNDS*

Scheduled Fees
Master Servicing Fee	214.35
Servicing Fee	8,680.36
Securities Administrator Fee	563.54
Total Scheduled Fees:		9,458.25
Additional Fees, Expenses, etc.
Trust Fund Expenses	0.00
Other Expenses	0.00
Total Additional Fees, Expenses, etc.:		0.00
Distributions
Interest Distribution	148,171.95
Principal Distribution	711,238.98
Total Distributions:		859,410.93
Total Funds Allocated		868,869.18


Reports Available at	sf.citidirect.com	Page 6 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

		*Collateral Summary*
*GROUP 1*


*ASSET CHARACTERISTICS*
	Cut-Off		Beginning		Ending	Delta or % of Orig
Aggregate Stated Principal Balance	195,894,100.21		16,484,648.82		16,351,544.83	8.35	%
Aggregate Actual Principal Balance	195,894,100.21		16,077,265.44		15,938,341.34	8.14	%
Loan Count	198		30		30	168
Weighted Average Coupon Rate (WAC)	4.269480	%	4.197492	%	Not Available	Not Available
Net Weighted Average Coupon Rate (Net WAC)	3.987305	%	3.922291	%	Not Available	Not Available
Weighted Average Remaining Term (WART in months)	289		180		179	110


*AVAILABLE PRINCIPAL*

Scheduled Principal	99,993.88
Curtailments	33,110.11
Curtailments Adjustments	0.00
Prepayments in Full	0.00
Liquidation Principal	0.00
Repurchased Principal	0.00
Other Principal	0.00
Substitution Principal	0.00
Principal Losses and Forgiveness	0.00
Subsequent Recoveries / (Losses)	0.00

TOTAL AVAILABLE PRINCIPAL	133,103.99

*Realized Loss Summary*

Principal Losses and Forgiveness	0.00
Losses in Excess of Principal Balance	0.00
Subsequent (Recoveries) / Losses	0.00
Cumulative Realized Losses	0.00


*AVAILABLE INTEREST*

Scheduled Interest		57,661.81

Less:	Master Servicing Fee	85.18
	Servicing Fee	3,471.39
	Securities Administrator Fee	223.92
	Uncompensated PPIS	0.00
	Relief Act Shortfall	0.00
	Other Expenses	0.00
	Losses in Excess of Principal Balance	0.00
	Stop Advance Interest	0.00
	Other Interest Amounts	0.00

TOTAL AVAILABLE INTEREST		53,881.32


Reports Available at	sf.citidirect.com	Page 7 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

		*Collateral Summary*
*GROUP 2*


*ASSET CHARACTERISTICS*
	Cut-Off		Beginning		Ending	Delta or % of Orig
Aggregate Stated Principal Balance	195,894,100.21		25,003,029.12		24,424,894.13	12.47	%
Aggregate Actual Principal Balance	195,894,100.21		25,047,985.00		24,466,457.62	12.49	%
Loan Count	248		36		35	213
Weighted Average Coupon Rate (WAC)	4.798384	%	4.797902	%	Not Available	Not Available
Net Weighted Average Coupon Rate (Net WAC)	4.525884	%	4.525402	%	Not Available	Not Available
Weighted Average Remaining Term (WART in months)	356		274		273	83


*AVAILABLE PRINCIPAL*

Scheduled Principal	51,032.13
Curtailments	993.70
Curtailments Adjustments	0.00
Prepayments in Full	526,109.16
Liquidation Principal	0.00
Repurchased Principal	0.00
Other Principal	0.00
Substitution Principal	0.00
Principal Losses and Forgiveness	0.00
Subsequent Recoveries / (Losses)	0.00

TOTAL AVAILABLE PRINCIPAL	578,134.99

*Realized Loss Summary*

Principal Losses and Forgiveness	0.00
Losses in Excess of Principal Balance	0.00
Subsequent (Recoveries) / Losses	0.00
Cumulative Realized Losses	0.00


*AVAILABLE INTEREST*

Scheduled Interest		99,968.39

Less:	Master Servicing Fee	129.17
	Servicing Fee	5,208.97
	Securities Administrator Fee	339.62
	Uncompensated PPIS	0.00
	Relief Act Shortfall	0.00
	Other Expenses	0.00
	Losses in Excess of Principal Balance	0.00
	Stop Advance Interest	0.00
	Other Interest Amounts	0.00

TOTAL AVAILABLE INTEREST		94,290.63


Reports Available at	sf.citidirect.com	Page 8 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

		*Collateral Summary*
*TOTAL*


*ASSET CHARACTERISTICS*
	Cut-Off		Beginning		Ending	Delta or % of Orig
Aggregate Stated Principal Balance	415,728,134.00		41,487,677.94		40,776,438.96	9.81	%
Aggregate Actual Principal Balance	415,728,134.00		41,125,250.44		40,404,798.96	9.72	%
Loan Count	446		66		65	381
Weighted Average Coupon Rate (WAC)	4.549161	%	4.559336	%	Not Available	Not Available
Net Weighted Average Coupon Rate (Net WAC)	4.272102	%	4.285763	%	Not Available	Not Available
Weighted Average Remaining Term (WART in months)	325		237		235	89


*AVAILABLE PRINCIPAL*

Scheduled Principal	151,026.01
Curtailments	34,103.81
Curtailments Adjustments	0.00
Prepayments in Full	526,109.16
Liquidation Principal	0.00
Repurchased Principal	0.00
Other Principal	0.00
Substitution Principal	0.00
Principal Losses and Forgiveness	0.00
Subsequent Recoveries / (Losses)	0.00

TOTAL AVAILABLE PRINCIPAL	711,238.98

*Realized Loss Summary*

Principal Losses and Forgiveness	0.00
Losses in Excess of Principal Balance	0.00
Subsequent (Recoveries) / Losses	0.00
Cumulative Realized Losses	0.00


*AVAILABLE INTEREST*

Scheduled Interest		157,630.20

Less:	Master Servicing Fee	214.35
	Servicing Fee	8,680.36
	Securities Administrator Fee	563.54
	Uncompensated PPIS	0.00
	Relief Act Shortfall	0.00
	Other Expenses	0.00
	Losses in Excess of Principal Balance	0.00
	Stop Advance Interest	0.00
	Other Interest Amounts	0.00

TOTAL AVAILABLE INTEREST		148,171.95


Reports Available at	sf.citidirect.com	Page 9 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

		*Stratification Detail*


*Loan Rate*

	# of	Ending Sched	% of Agg
Loan Rate	Loans	Balance	Balance	WAC	WART

3.00 or Less	0	0.00	0.00	0.0000	0
3.01 to 3.25	0	0.00	0.00	0.0000	0
3.26 to 3.50	0	0.00	0.00	0.0000	0
3.51 to 3.75	3	1,240,959.62	3.04	3.6056	92
3.76 to 4.00	12	4,932,858.55	12.10	3.9212	187
4.01 to 4.25	8	6,389,042.53	15.67	4.1765	192
4.26 to 4.50	7	4,661,594.52	11.43	4.4913	274
4.51 to 4.75	14	8,450,597.49	20.72	4.6527	262
4.76 to 5.00	15	10,608,172.36	26.02	4.8913	248
5.01 to 5.25	6	4,493,213.89	11.02	5.1644	273
5.26 to 5.50	0	0.00	0.00	0.0000	0
5.51 to 5.75	0	0.00	0.00	0.0000	0
5.76 to 6.00	0	0.00	0.00	0.0000	0
6.01 or Greater	0	0.00	0.00	0.0000	0
Totals	65	40,776,438.96	100.00	4.5577	236


*Ending Scheduled Balance*

Ending Sched	# of	Ending Sched	% of Agg
Balance	Loans	Balance	Balance	WAC	WART

1 to 150,000	3	349,426.33	0.86	4.2301	156
150,001 to 300,000	6	1,665,979.48	4.09	4.1250	91
300,001 to 450,000	11	4,280,579.46	10.50	4.3949	212
450,001 to 600,000	15	7,910,372.27	19.40	4.4711	222
600,001 to 750,000	15	10,150,925.73	24.89	4.6132	262
750,001 to 900,000	6	4,951,690.10	12.14	4.7046	274
900,001 to 1,050,000	1	973,074.88	2.39	4.8000	272
1,050,001 to 1,200,000	3	3,311,272.43	8.12	4.4366	147
1,200,001 to 1,350,000	3	3,799,729.76	9.32	4.8549	273
1,350,001 to 1,500,000	0	0.00	0.00	0.0000	0
1,500,001 to 1,650,000	1	1,608,388.52	3.94	4.8750	273
1,650,001 to 1,800,000	1	1,775,000.00	4.35	4.2500	274
Totals	65	40,776,438.96	100.00	4.5577	236


Reports Available at	sf.citidirect.com	Page 10 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

*GROUP 1*		*Delinquency Information*


	DELINQUENT					BANKRUPTCY					FORECLOSURE					REO					TOTAL
Days	Balance		Count		Days	Balance		Count		Days	Balance		Count		Days	Balance		Count		Days	Balance		Count
					< 30	0.00		0		< 30	0.00		0		< 30	0.00		0		< 30	0.00		0
						0.000000	%	0.0	%		0.000000	%	0.0	%		0.0000	%	0.0	%		0.000000	%	0.0	%

30-59	0.00		0		30-59	0.00		0		30-59	0.00		0		30-59	0.00		0		30-59	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%

60-89	0.00		0		60-89	0.00		0		60-89	0.00		0		60-89	0.00		0		60-89	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%

90-119	0.00		0		90-119	0.00		0		90-119	0.00		0		90-119	0.00		0		90-119	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%

120-149	0.00		0		120-149	0.00		0		120-149	0.00		0		120-149	0.00		0		120-149	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%

150-179	0.00		0		150-179	0.00		0		150-179	0.00		0		150-179	0.00		0		150-179	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%

180+	0.00		0		180+	0.00		0		180+	0.00		0		180+	0.00		0		180+	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%

Total	0.00		0		Total	0.00		0		Total	0.00		0		Total	0.00		0		Total	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%


Principal and Interest Advances	N/A


Reports Available at	sf.citidirect.com	Page 11 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

*GROUP 2*		*Delinquency Information*


	DELINQUENT					BANKRUPTCY					FORECLOSURE					REO					TOTAL
Days	Balance		Count		Days	Balance		Count		Days	Balance		Count		Days	Balance		Count		Days	Balance		Count
					< 30	0.00		0		< 30	0.00		0		< 30	0.00		0		< 30	0.00		0
						0.000000	%	0.0	%		0.000000	%	0.0	%		0.0000	%	0.0	%		0.000000	%	0.0	%

30-59	0.00		0		30-59	0.00		0		30-59	0.00		0		30-59	0.00		0		30-59	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%

60-89	0.00		0		60-89	0.00		0		60-89	0.00		0		60-89	0.00		0		60-89	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%

90-119	0.00		0		90-119	0.00		0		90-119	0.00		0		90-119	0.00		0		90-119	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%

120-149	0.00		0		120-149	0.00		0		120-149	0.00		0		120-149	0.00		0		120-149	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%

150-179	0.00		0		150-179	0.00		0		150-179	0.00		0		150-179	0.00		0		150-179	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%

180+	394,825.99		1		180+	0.00		0		180+	0.00		0		180+	0.00		0		180+	394,825.99		1
	1.616490	%	2.9	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		1.616490	%	2.9	%

Total	394,825.99		1		Total	0.00		0		Total	0.00		0		Total	0.00		0		Total	394,825.99		1
	1.616490	%	2.9	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		1.616490	%	2.9	%


Principal and Interest Advances	N/A


Reports Available at	sf.citidirect.com	Page 12 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

*TOTAL*		*Delinquency Information*


	DELINQUENT					BANKRUPTCY					FORECLOSURE					REO					TOTAL
Days	Balance		Count		Days	Balance		Count		Days	Balance		Count		Days	Balance		Count		Days	Balance		Count
					< 30	0.00		0		< 30	0.00		0		< 30	0.00		0		< 30	0.00		0
						0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%
30-59	0.00		0		30-59	0.00		0		30-59	0.00		0		30-59	0.00		0		30-59	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%
60-89	0.00		0		60-89	0.00		0		60-89	0.00		0		60-89	0.00		0		60-89	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%
90-119	0.00		0		90-119	0.00		0		90-119	0.00		0		90-119	0.00		0		90-119	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%
120-149	0.00		0		120-149	0.00		0		120-149	0.00		0		120-149	0.00		0		120-149	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%
150-179	0.00		0		150-179	0.00		0		150-179	0.00		0		150-179	0.00		0		150-179	0.00		0
	0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%
180+	394,825.99		1		180+	0.00		0		180+	0.00		0		180+	0.00		0		180+	394,825.99		1
	0.968270	%	1.5	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.968270	%	1.5	%
Total	394,825.99		1		Total	0.00		0		Total	0.00		0		Total	0.00		0		Total	394,825.99		1
	0.968270	%	1.5	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.000000	%	0.0	%		0.968270	%	1.5	%


Principal and Interest Advances	N/A


Reports Available at	sf.citidirect.com	Page 13 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

		*Historical Delinquency Information*


Distribution	1 Month				2 Month				3	+ Month			Bankruptcy				Foreclosure				REO				Total
Date	Balance		Cnt		Balance		Cnt		Balance		Cnt		Balance		Cnt		Balance		Cnt		Balance		Cnt		Balance		Cnt
12/2018	0		0		0		0		394,826		1		0		0		0		0		0		0		394,826		1
	0.000	%	0.0	%	0.000	%	0.0	%	0.968	%	1.5	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.968	%	1.5	%
11/2018	0		0		0		0		395,660		1		0		0		0		0		0		0		395,660		1
	0.000	%	0.0	%	0.000	%	0.0	%	0.954	%	1.5	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.954	%	1.5	%
10/2018	0		0		0		0		396,492		1		0		0		0		0		0		0		396,492		1
	0.000	%	0.0	%	0.000	%	0.0	%	0.952	%	1.5	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.952	%	1.5	%
09/2018	0		0		0		0		397,320		1		0		0		0		0		0		0		397,320		1
	0.000	%	0.0	%	0.000	%	0.0	%	0.943	%	1.5	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.943	%	1.5	%
08/2018	0		0		0		0		0		0		0		0		398,145		1		0		0		398,145		1
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.911	%	1.4	%	0.000	%	0.0	%	0.911	%	1.4	%
07/2018	0		0		0		0		0		0		0		0		398,967		1		0		0		398,967		1
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.909	%	1.4	%	0.000	%	0.0	%	0.909	%	1.4	%
06/2018	0		0		0		0		0		0		0		0		399,786		1		0		0		399,786		1
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.899	%	1.4	%	0.000	%	0.0	%	0.899	%	1.4	%
05/2018	0		0		0		0		0		0		0		0		400,601		1		0		0		400,601		1
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.897	%	1.4	%	0.000	%	0.0	%	0.897	%	1.4	%
04/2018	0		0		0		0		0		0		0		0		401,414		1		0		0		401,414		1
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.895	%	1.4	%	0.000	%	0.0	%	0.895	%	1.4	%
03/2018	0		0		0		0		402,224		1		0		0		0		0		0		0		402,224		1
	0.000	%	0.0	%	0.000	%	0.0	%	0.892	%	1.4	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.892	%	1.4	%
02/2018	0		0		0		0		403,031		1		0		0		0		0		0		0		403,031		1
	0.000	%	0.0	%	0.000	%	0.0	%	0.878	%	1.4	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.878	%	1.4	%
01/2018	1,201,910		2		403,834		1		0		0		0		0		0		0		0		0		1,605,744		3
	2.584	%	2.7	%	0.868	%	1.4	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	3.453	%	4.1	%


Reports Available at	sf.citidirect.com	Page 14 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

		*Standard Prepayment and Default Information*


	Wtd. Avg.	Current
Payment	Age	Collateral	Scheduled	Unscheduled	Liquidation
Date	(Months)	Balance	Principal	Principal	Principal	SMM		CPR		PSA		MDR		CDR		SDA

26-Dec-2018	87.61	40,776,438.96	151,026.01	560,212.97	0.00	1.355	%	15.104	%	252	%	0.000	%	0.000	%	0	%
26-Nov-2018	86.59	41,487,677.94	150,419.29	23,193.24	0.00	0.056	%	0.668	%	11	%	0.000	%	0.000	%	0	%
25-Oct-2018	85.59	41,661,290.47	153,417.48	317,784.21	0.00	0.757	%	8.715	%	145	%	0.000	%	0.000	%	0	%
25-Sep-2018	84.66	42,132,492.16	162,022.19	1,397,465.90	0.00	3.210	%	32.400	%	540	%	0.000	%	0.000	%	0	%
27-Aug-2018	83.74	43,691,980.25	161,277.75	41,125.54	0.00	0.094	%	1.123	%	19	%	0.000	%	0.000	%	0	%
25-Jul-2018	82.75	43,894,383.54	163,034.12	420,417.64	0.00	0.949	%	10.809	%	180	%	0.000	%	0.000	%	0	%
25-Jun-2018	81.75	44,477,835.30	162,331.11	30,004.34	0.00	0.067	%	0.806	%	13	%	0.000	%	0.000	%	0	%
25-May-2018	80.75	44,670,170.75	166,319.01	26,501.87	0.00	0.059	%	0.709	%	12	%	0.000	%	0.000	%	0	%
25-Apr-2018	79.76	44,862,991.63	170,659.08	41,121.33	0.00	0.092	%	1.093	%	18	%	0.000	%	0.000	%	0	%
26-Mar-2018	78.70	45,074,772.04	169,960.88	668,686.40	0.00	1.462	%	16.198	%	270	%	0.000	%	0.000	%	0	%
26-Feb-2018	77.76	45,913,419.32	171,895.99	423,043.67	0.00	0.913	%	10.422	%	174	%	0.000	%	0.000	%	0	%
SMM (Single Month Mortality) = (Beginning Balance - Ending Balance - Scheduled Principal) / (Beginning Balance - Scheduled Principal)								MDR (Monthly Default Rate) = Beginning Balance of Liquidated Asset / Total Beginning Balance
CPR (Constant Prepayment Rate) = 1 - ((1-SMM)^12)								CDR (Conditional Default Rate) = 1 - ((1-MDR)^12)
PSA (Public Securities Association) = CPR / (min(.2% * Age, 6%))								SDA (Standard Default Assumption) = CDR / (min(.2% * Age, 6%))


Reports Available at	sf.citidirect.com	Page 15 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

		*Waterfall Detail*


			Remaining
*DISTRIBUTIONS*	Amount		Available
	Distributed		Funds



Available Distribution Amount for Pool 1			186,985.31

Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls	(21,514.22	)	165,471.09
Senior Certificates, the Senior Principal Distribution Amount	(65,080.72	)	100,390.37

Available Distribution Amount for Pool 2			672,425.62

Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls	(39,784.42	)	632,641.20
Senior Certificates, the Senior Principal Distribution Amount	(426,754.93	)	205,886.27

Available Distribution Amount remaining			306,276.64

Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls	(26,242.18	)	280,034.46
Class B-1 Certificates, the Subordinate Principal Distribution Amount	(80,747.93	)	199,286.53
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls	(19,807.89	)	179,478.64
Class B-2 Certificates, the Subordinate Principal Distribution Amount	(60,949.44	)	118,529.20
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls	(12,380.23	)	106,148.97
Class B-3 Certificates, the Subordinate Principal Distribution Amount	(38,094.32	)	68,054.65
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls	(12,873.34	)	55,181.31
Class B-4 Certificates, the Subordinate Principal Distribution Amount	(39,611.64	)	15,569.67
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls	(15,569.67	)	0.00
Class B-5 Certificates, the Subordinate Principal Distribution Amount	0.00		0.00
Class LT-R and R Certificates, any remaining amounts	0.00		0.00


Reports Available at	sf.citidirect.com	Page 16 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

		*Other Information*


Principal Percentages

Pool 1 Senior Percentage	39.928899	%
Pool 1 Subordinate Percentage	60.071101	%
Pool 1 Senior Prepayment Percentage	75.971560	%
Pool 1 Subordinate Prepayment Percentage	24.028440	%

Pool 2 Senior Percentage	42.193390	%
Pool 2 Subordinate Percentage	57.806610	%
Pool 2 Senior Prepayment Percentage	76.877356	%
Pool 2 Subordinate Prepayment Percentage	23.122644	%

Other Information

Step-Down Test satisfied?	Yes


Reports Available at	sf.citidirect.com	Page 17 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

		*Voluntary Prepayments, Repurchases, and Substitutions*

Scheduled

Original

Principal

Prepayment

Current

Principal Pay

Principal

Balance at

Pay Down

Penalties

Note

Original

Loan Number

Down Date

Payoff Type

Balance

Payoff

Amount

Collected

Waived

Rate

LTV

Term

State

Group 2

0000000036707164

12/01/2018

Voluntary Prepayment

603,750.00

527,171.89

0.00

4.75000

75.00

360


Reports Available at	sf.citidirect.com	Page 18 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

		*Liquidation / Loss Detail*


			Most Recent	Cutoff	Prior Unpaid	Prior Scheduled	Current	Subsequent
		Most Recent	Next Due	Principal	Principal	Principal	Realized Loss	Loss / (Recovery)	Total Realized	Loss
Loan Number	Loss Type	Loan Status	Date	Balance	Balance	Balance	Amount	Amount	Loss Amount	Severity


No Loans With Losses to Report.


Reports Available at	sf.citidirect.com	Page 19 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

		*REO Detail*


						Current
			REO	Original	Unpaid Principal	Scheduled	REO
	Group		Acquisition	Principal	Balance at	Principal	Book
Loan Number	No.	State	Date	Balance	Acquisition	Balance	Value


			No REOs to Report.


Reports Available at	sf.citidirect.com	Page 20 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

		*Material Modifications, Extensions, and Waivers Loan Detail: Part 1*


				Current	Current
Effective			Scheduled	Scheduled	Actual	Delinquency	Capitalized	Forgiven	Forgiven
Mod. Date	Loan Number	P&I	Balance	Balance	Balance	Status	Amount	Principal	Interest


			No Modified Loans to Report.


Reports Available at	sf.citidirect.com	Page 21 of 22	© Copyright	2018 Citigroup


Distribution Date:	12/26/2018	Sequoia Mortgage Trust
Determination Date:	12/17/2018	Mortgage Pass-Through Certificates
		Series 2012-1

		*Material Modifications, Extensions, and Waivers Loan Detail: Part 2*


		Interest		Period	Life	Initial Reset	Next	Int Reset	IO	Balloon	Maturity
Loan Number	Loan Type	Rate	Margin	Cap	Cap	Date	Reset Date	Period	Period	Payment	Date


No Modified Loans to Report.


Reports Available at	sf.citidirect.com	Page 22 of 22	© Copyright	2018 Citigroup

Sequoia Mortgage Trust 2012-1 10-D