
Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


*CONTACT INFORMATION*
Depositor	Sequoia Residential Funding, Inc.
Trustee	Christiana Trust
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	8
Delinquency Information	9
Standard Prepayment and Default Information	11
Distribution Waterfall Detail	12
Other Information	13
Asset Level Detail	14


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


Reports Available at	sf.citidirect.com	Page 1 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


*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)
A-1		172,158,000.00		13,893,622.43		3.500000	%	30 / 360		12/01 - 12/31		40,523.07		232,865.16			273,388.23		0.00		0.00			13,660,757.27
A-2		100,000,000.00		8,070,274.07		3.000000	%	30 / 360		12/01 - 12/31		20,175.69		135,262.47			155,438.16		0.00		0.00			7,935,011.60
B-1		9,248,000.00		3,540,302.79		4.100453	%	30 / 360		12/01 - 12/31		12,097.37		71,750.27			83,847.64		0.00		0.00			3,468,552.52
B-2		5,137,000.00		1,966,537.11		4.100453	%	30 / 360		12/01 - 12/31		6,719.74		39,855.23			46,574.97		0.00		0.00			1,926,681.88
B-3		2,496,000.00		955,514.24		4.100453	%	30 / 360		12/01 - 12/31		3,265.03		19,365.13			22,630.16		0.00		0.00			936,149.11
B-4		1,468,000.00		564,377.88		4.100453	%	30 / 360		12/01 - 12/31		1,928.50		0.00			1,928.50		0.00		0.00			564,377.88
B-5		3,083,498.00		3,083,498.70		4.100453	%	30 / 360		12/01 - 12/31		10,536.46		0.00			10,536.46		0.00		0.00			3,083,498.70
LT-R		0.00		0.00		0.000000	%	-		-		0.00		0.00			0.00		0.00		0.00			0.00
R		0.00		0.00		0.000000	%	-		-		0.00		0.00			0.00		0.00		0.00			0.00
Totals		293,590,498.00		32,074,127.22								95,245.86		499,098.26			594,344.12		0.00		0.00			31,575,028.96


Notional Classes
A-IO1	272,158,000.00	21,963,896.50	0.600453	%	30 / 360	12/01 - 12/31	10,990.24	0.00	10,990.24	0.00	0.00	21,595,768.88
A-IO2	100,000,000.00	8,070,274.07	0.500000	%	30 / 360	12/01 - 12/31	3,362.61	0.00	3,362.61	0.00	0.00	7,935,011.60
Totals	372,158,000.00	30,034,170.57					14,352.85	0.00	14,352.85	0.00	0.00	29,530,780.48


Reports Available at	sf.citidirect.com	Page 2 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


*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)
A-1	81745	FAA4	12/31/2020	80.702741	0.235383	1.352625	1.588008	0.000000	0.000000	79.350116
A-2	81745	FAB2	12/31/2020	80.702741	0.201757	1.352625	1.554382	0.000000	0.000000	79.350116
B-1	81745	FAE6	12/31/2020	382.818208	1.308107	7.758463	9.066570	0.000000	0.000000	375.059745
B-2	81745	FAF3	12/31/2020	382.818203	1.308106	7.758464	9.066570	0.000000	0.000000	375.059739
B-3	81745	FAG1	12/31/2020	382.818205	1.308105	7.758466	9.066571	0.000000	0.000000	375.059740
B-4	81745	FAH9	12/31/2020	384.453597	1.313692	0.000000	1.313692	0.000000	0.000000	384.453597
B-5	81745	FAJ5	12/31/2020	1,000.000227	3.417048	0.000000	3.417048	0.000000	0.000000	1,000.000227
LT-R	81745	FAL0	12/31/2020	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000
R	81745	FAK2	12/31/2020	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000	0.000000
A-IO1	81745	FAC0	12/31/2020	80.702741	0.040382	0.000000	0.040382	0.000000	0.000000	79.350116
A-IO2	81745	FAD8	12/31/2020	80.702741	0.033626	0.000000	0.033626	0.000000	0.000000	79.350116


Reports Available at	sf.citidirect.com	Page 3 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


*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)
A-1		13,893,622.43		3.500000	%	3.500000	%	30 / 360		40,523.07		0.00		0.00		0.00			40,523.07	0.00		40,523.07			0.00
A-2		8,070,274.07		3.000000	%	3.000000	%	30 / 360		20,175.69		0.00		0.00		0.00			20,175.69	0.00		20,175.69			0.00
B-1		3,540,302.79		4.100453	%	4.097240	%	30 / 360		12,097.37		0.00		0.00		0.00			12,097.37	0.00		12,097.37			0.00
B-2		1,966,537.11		4.100453	%	4.097240	%	30 / 360		6,719.74		0.00		0.00		0.00			6,719.74	0.00		6,719.74			0.00
B-3		955,514.24		4.100453	%	4.097240	%	30 / 360		3,265.03		0.00		0.00		0.00			3,265.03	0.00		3,265.03			0.00
B-4		564,377.88		4.100453	%	4.097240	%	30 / 360		1,928.50		0.00		0.00		0.00			1,928.50	0.00		1,928.50			0.00
B-5		3,083,498.70		4.100453	%	4.097240	%	30 / 360		10,536.46		249.41		0.00		0.00			10,785.87	0.00		10,536.46			249.41
LT-R		0.00		0.000000	%	-		-		0.00		0.00		0.00		0.00			0.00	0.00		0.00			0.00
R		0.00		0.000000	%	-		-		0.00		0.00		0.00		0.00			0.00	0.00		0.00			0.00
Totals		32,074,127.22								95,245.86		249.41		0.00		0.00			95,495.27	0.00		95,245.86			249.41


Notional Classes
A-IO1	21,963,896.50	0.600453	%	0.597240	%	30 / 360	10,990.24	0.00	0.00	0.00	10,990.24	0.00	10,990.24	0.00
A-IO2	8,070,274.07	0.500000	%	0.500000	%	30 / 360	3,362.61	0.00	0.00	0.00	3,362.61	0.00	3,362.61	0.00
Totals	30,034,170.57						14,352.85	0.00	0.00	0.00	14,352.85	0.00	14,352.85	0.00


Reports Available at	sf.citidirect.com	Page 4 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


*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	)
A-1		172,158,000.00		13,893,622.43		35,126.37		197,738.79		0.00		0.00		0.00			13,660,757.27		0.00		58.64	%	43.26	%	7.30	%	31.60	%
A-2		100,000,000.00		8,070,274.07		20,403.56		114,858.90		0.00		0.00		0.00			7,935,011.60		0.00		34.06	%	25.13	%	7.30	%	31.60	%
B-1		9,248,000.00		3,540,302.79		14,003.24		57,747.03		0.00		0.00		0.00			3,468,552.52		0.00		3.15	%	10.99	%	4.15	%	20.62	%
B-2		5,137,000.00		1,966,537.11		7,778.40		32,076.83		0.00		0.00		0.00			1,926,681.88		0.00		1.75	%	6.10	%	2.40	%	14.52	%
B-3		2,496,000.00		955,514.24		3,779.42		15,585.70		0.00		0.00		0.00			936,149.11		0.00		0.85	%	2.96	%	1.55	%	11.55	%
B-4		1,468,000.00		564,377.88		0.00		0.00		0.00		0.00		0.00			564,377.88		0.00		0.50	%	1.79	%	1.05	%	9.77	%
B-5		3,083,498.00		3,083,498.70		0.00		0.00		0.00		0.00		0.00			3,083,498.70		0.00		1.05	%	9.77	%	0.00	%	0.00	%
Totals		293,590,498.00		32,074,127.22		81,090.99		418,007.25		0.00		0.00		0.00			31,575,028.96		0.00		100	%	100	%


Reports Available at	sf.citidirect.com	Page 5 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


		*Reconciliation Detail*


*SOURCE OF FUNDS*

Interest Funds Available
Scheduled Interest	117,042.58
Uncompensated PPIS	0.00
Relief Act Shortfall	0.00
Losses in Excess of Principal Balance	0.00
Stop Advance Interest	0.00
Other Interest Reductions	0.00
Total Interest Funds Available:		117,042.58
Principal Funds Available
Scheduled Principal	81,090.99
Curtailments	3,584.39
Curtailments Adjustments	0.00
Prepayments in Full	414,422.87
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:		499,098.25
Total Funds Available		616,140.83


*ALLOCATION OF FUNDS*

Scheduled Fees
Master Servicing Fee	211.13
Servicing Fee	6,682.13
Securities Administrator Fee	550.61
Total Scheduled Fees:		7,443.87
Additional Fees, Expenses, etc.
Trust Fund Expenses	0.00
Other Expenses	0.00
Total Additional Fees, Expenses, etc.:		0.00
Distributions
Interest Distribution	109,598.71
Principal Distribution	499,098.25
Total Distributions:		608,696.96
Total Funds Allocated		616,140.83


Reports Available at	sf.citidirect.com	Page 6 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3

		*Collateral Summary*


*ASSET CHARACTERISTICS*
	Cut-Off		Beginning		Ending		Delta or % of Orig
Aggregate Stated Principal Balance	293,590,498.70		32,074,127.30		31,575,029.05		10.75	%
Aggregate Actual Principal Balance	293,590,498.70		32,165,130.04		31,661,370.43		10.78	%
Loan Count	331		48		47		284
Weighted Average Coupon Rate (WAC)	4.465642	%	4.378953	%	4.375739	%	-0.089903	%
Net Weighted Average Coupon Rate (Net WAC)	4.187142	%	4.100453	%	4.097239	%	-0.089903	%
Weighted Average Remaining Term (WART in months)	358		255		254		104


*AVAILABLE PRINCIPAL*

Scheduled Principal	81,090.99
Curtailments	3,584.39
Curtailments Adjustments	0.00
Prepayments in Full	414,422.87
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	499,098.25

*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		117,042.58

Less:	Master Servicing Fee	211.13
	Servicing Fee	6,682.13
	Securities Administrator Fee	550.61
	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 Reductions	0.00

TOTAL AVAILABLE INTEREST		109,598.71


Reports Available at	sf.citidirect.com	Page 7 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


		*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		0	0.00	0.00	0.0000	0
3.76 to 4.00		1	1,023,955.60	3.24	4.0000	254
4.01 to 4.25		14	11,274,885.18	35.71	4.1618	255
4.26 to 4.50		19	12,712,030.65	40.26	4.4201	255
4.51 to 4.75		10	5,185,208.12	16.42	4.6737	254
4.76 to 5.00		3	1,378,949.50	4.37	4.8750	255
5.01 to 5.25		0	0.00	0.00	0.0000	0
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	47	31,575,029.05	100.00	4.3757	255


*Ending Scheduled Balance*

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

1 to 150,000	0	0.00	0.00	0.0000	0
150,001 to 300,000	0	0.00	0.00	0.0000	0
300,001 to 450,000	9	3,580,719.70	11.34	4.5843	256
450,001 to 600,000	15	7,624,188.06	24.15	4.4568	254
600,001 to 750,000	8	5,389,952.74	17.07	4.4497	255
750,001 to 900,000	6	5,016,338.62	15.89	4.2487	254
900,001 to 1,050,000	3	2,938,713.82	9.31	4.1432	255
1,050,001 to 1,200,000	3	3,360,116.83	10.64	4.4170	255
1,200,001 to 1,350,000	3	3,664,999.28	11.61	4.2171	253
Totals	47	31,575,029.05	100.00	4.3757	255


Reports Available at	sf.citidirect.com	Page 8 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


		*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+	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 9 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


		*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
01/2021	0		0		0		0		0		0		0		0		0		0		0		0		0		0
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
12/2020	0		0		0		0		0		0		0		0		0		0		0		0		0		0
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
11/2020	0		0		0		0		0		0		0		0		0		0		0		0		0		0
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
10/2020	0		0		0		0		584,937		1		0		0		0		0		0		0		584,937		1
	0.000	%	0.0	%	0.000	%	0.0	%	1.611	%	1.9	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	1.611	%	1.9	%
09/2020	0		0		0		0		586,289		1		0		0		0		0		0		0		586,289		1
	0.000	%	0.0	%	0.000	%	0.0	%	1.502	%	1.8	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	1.502	%	1.8	%
08/2020	469,560		1		0		0		587,636		1		0		0		0		0		0		0		1,057,196		2
	1.062	%	1.6	%	0.000	%	0.0	%	1.329	%	1.6	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	2.391	%	3.1	%
07/2020	939,065		2		588,978		1		0		0		0		0		0		0		0		0		1,528,042		3
	2.082	%	3.1	%	1.306	%	1.5	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	3.388	%	4.6	%
06/2020	1,059,787		2		0		0		0		0		0		0		0		0		0		0		1,059,787		2
	2.282	%	3.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	2.282	%	3.0	%
05/2020	0		0		0		0		0		0		0		0		0		0		0		0		0		0
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
04/2020	0		0		0		0		0		0		0		0		0		0		0		0		0		0
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
03/2020	0		0		0		0		0		0		0		0		0		0		0		0		0		0
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
02/2020	0		0		0		0		0		0		0		0		0		0		0		0		0		0
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%


Reports Available at	sf.citidirect.com	Page 10 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


		*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

25-Jan-2021	105.37	31,575,029.05	81,090.99	418,007.26	0.00	1.307	%	14.600	%	243	%	0.000	%	0.000	%	0	%
28-Dec-2020	104.36	32,074,127.30	80,764.68	8,527.19	0.00	0.027	%	0.318	%	5	%	0.000	%	0.000	%	0	%
25-Nov-2020	103.27	32,163,419.17	89,847.12	4,047,630.24	0.00	11.178	%	75.887	%	1,265	%	0.000	%	0.000	%	0	%
26-Oct-2020	102.34	36,300,896.53	98,203.57	2,635,518.97	0.00	6.769	%	56.874	%	948	%	0.000	%	0.000	%	0	%
25-Sep-2020	101.41	39,034,619.07	111,447.31	5,073,254.69	0.00	11.502	%	76.922	%	1,282	%	0.000	%	0.000	%	0	%
25-Aug-2020	100.37	44,219,321.07	113,233.96	769,491.85	0.00	1.710	%	18.700	%	312	%	0.000	%	0.000	%	0	%
27-Jul-2020	99.40	45,102,046.88	115,654.69	1,219,032.60	0.00	2.632	%	27.388	%	456	%	0.000	%	0.000	%	0	%
25-Jun-2020	98.45	46,436,734.17	117,666.19	1,127,886.17	0.00	2.371	%	25.022	%	417	%	0.000	%	0.000	%	0	%
26-May-2020	97.43	47,682,286.53	120,350.55	1,172,368.23	0.00	2.400	%	25.284	%	421	%	0.000	%	0.000	%	0	%
27-Apr-2020	96.43	48,975,005.31	121,174.77	595,754.88	0.00	1.202	%	13.506	%	225	%	0.000	%	0.000	%	0	%
25-Mar-2020	95.42	49,691,934.96	120,641.00	24,726.10	0.00	0.050	%	0.595	%	10	%	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 11 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


		*Waterfall Detail*


			Remaining
*DISTRIBUTIONS*	Amount		Available
	Distributed		Funds



Available Distribution Amount			608,696.96

Senior Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls	(75,051.61	)	533,645.35
Senior Certificates, the Senior Principal Distribution Amount	(368,127.62	)	165,517.73
Class B-1 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls	(12,097.37	)	153,420.36
Class B-1 Certificates, the Subordinate Principal Distribution Amount	(71,750.27	)	81,670.08
Class B-2 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls	(6,719.74	)	74,950.34
Class B-2 Certificates, the Subordinate Principal Distribution Amount	(39,855.23	)	35,095.12
Class B-3 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls	(3,265.03	)	31,830.09
Class B-3 Certificates, the Subordinate Principal Distribution Amount	(19,365.13	)	12,464.96
Class B-4 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls	(1,928.50	)	10,536.46
Class B-4 Certificates, the Subordinate Principal Distribution Amount	0.00		10,536.46
Class B-5 Certificates, the Interest Distribution Amount and unpaid Interest Shortfalls	(10,536.46	)	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 12 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


		*Other Information*


Principal Percentages

Senior Percentage	68.478548	%
Subordinate Percentage	31.521452	%
Senior Prepayment Percentage	74.782838	%
Subordinate Prepayment Percentage	25.217162	%

Other Information

Step-Down Test satisfied?	Yes


Reports Available at	sf.citidirect.com	Page 13 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


		*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

0000000036711141

01/01/2021

Voluntary Prepayment

750,000.00

416,672.99

0.00

4.62500

65.21

360


Reports Available at	sf.citidirect.com	Page 14 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


		*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 15 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


		*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 16 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


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


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

No Modified Loans to Report.


Reports Available at	sf.citidirect.com	Page 17 of 18	© Copyright	2021 Citigroup


Distribution Date:	01/25/2021	Sequoia Mortgage Trust
Determination Date:	01/19/2021
		Mortgage Pass-Through Certificates
		Series 2012-3


		*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 18 of 18	© Copyright	2021 Citigroup

Sequoia Mortgage Trust 2012-3 10-D