-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GLzf2YySvnI9SpD0qWpEyDtPpE3nF42utF7E4xQaJDrVR/PpPZP2vTYv4Hf+Nlol FQriIkS9Qfoj896KSsSylQ== 0001056404-04-004352.txt : 20041206 0001056404-04-004352.hdr.sgml : 20041206 20041206081944 ACCESSION NUMBER: 0001056404-04-004352 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041126 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041206 DATE AS OF CHANGE: 20041206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE MORT SEC INC MORTGAGE LOAN TRUST SERIES 2004 2 CENTRAL INDEX KEY: 0001282238 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-100675-04 FILM NUMBER: 041185302 MAIL ADDRESS: STREET 1: 60 WALL ST CITY: NEW YORK STATE: NY ZIP: 10005 8-K 1 dms04002_nov.txt NOVEMBER 8K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 26, 2004 DEUTSCHE MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2004-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-100675-04 54-2144759 Pooling and Servicing Agreement) (Commission 54-2144760 (State or other File Number) 54-2144761 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On November 26, 2004 a distribution was made to holders of DEUTSCHE MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2004-2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-2 Trust, relating to the November 26, 2004 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DEUTSCHE MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2004-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 12/4/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-2 Trust, relating to the November 26, 2004 distribution. EX-99.1
Deutsche Mortgage Securities Mortgage Pass-Through Certificates Record Date: 10/31/2004 Distribution Date: 11/26/2004 DMS Series: 2004-2 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-1 251563DG4 SEN 2.10250% 49,464,037.74 92,442.79 10,973,904.39 A-2 251563DH2 SEN 3.08000% 28,400,000.00 72,893.33 0.00 A-3 251563DJ8 SEN 3.78000% 48,719,000.00 153,464.85 0.00 A-4 251563DK5 SEN 4.87000% 35,735,000.00 145,024.54 0.00 A-5 251563DL3 SEN 5.66000% 23,878,000.00 112,624.57 0.00 A-6 251563DM1 SEN 4.68000% 27,236,000.00 106,220.40 0.00 A-IO 251563DN9 SEN 4.50000% 0.00 102,135.00 0.00 M-1 251563DP4 SUB 5.09000% 7,217,000.00 30,612.11 0.00 M-2 251563DQ2 SUB 5.54000% 4,766,000.00 22,003.03 0.00 M-3 251563DR0 SUB 6.15000% 2,043,000.00 10,470.38 0.00 CE DMS0402CR SUB 0.00000% 953,253.00 347,945.71 0.00 P DMS0402SP SEN 0.00000% 100.00 55,953.56 0.00 R DMS0402R1 SEN 0.00000% 0.00 0.00 0.00 Totals 228,411,390.74 1,251,790.27 10,973,904.39
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 38,490,133.35 11,066,347.18 0.00 A-2 0.00 28,400,000.00 72,893.33 0.00 A-3 0.00 48,719,000.00 153,464.85 0.00 A-4 0.00 35,735,000.00 145,024.54 0.00 A-5 0.00 23,878,000.00 112,624.57 0.00 A-6 0.00 27,236,000.00 106,220.40 0.00 A-IO 0.00 0.00 102,135.00 0.00 M-1 0.00 7,217,000.00 30,612.11 0.00 M-2 0.00 4,766,000.00 22,003.03 0.00 M-3 0.00 2,043,000.00 10,470.38 0.00 CE 0.00 953,253.00 347,945.71 0.00 P 0.00 100.00 55,953.56 0.00 R 0.00 0.00 0.00 0.00 Totals 0.00 217,437,486.35 12,225,694.66 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1 93,411,000.00 49,464,037.74 0.00 10,973,904.39 0.00 0.00 A-2 28,400,000.00 28,400,000.00 0.00 0.00 0.00 0.00 A-3 48,719,000.00 48,719,000.00 0.00 0.00 0.00 0.00 A-4 35,735,000.00 35,735,000.00 0.00 0.00 0.00 0.00 A-5 23,878,000.00 23,878,000.00 0.00 0.00 0.00 0.00 A-6 27,236,000.00 27,236,000.00 0.00 0.00 0.00 0.00 A-IO 0.00 0.00 0.00 0.00 0.00 0.00 M-1 7,217,000.00 7,217,000.00 0.00 0.00 0.00 0.00 M-2 4,766,000.00 4,766,000.00 0.00 0.00 0.00 0.00 M-3 2,043,000.00 2,043,000.00 0.00 0.00 0.00 0.00 CE 953,120.00 953,253.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 272,358,220.00 228,411,390.74 0.00 10,973,904.39 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1 10,973,904.39 38,490,133.35 0.41205140 10,973,904.39 A-2 0.00 28,400,000.00 1.00000000 0.00 A-3 0.00 48,719,000.00 1.00000000 0.00 A-4 0.00 35,735,000.00 1.00000000 0.00 A-5 0.00 23,878,000.00 1.00000000 0.00 A-6 0.00 27,236,000.00 1.00000000 0.00 A-IO 0.00 0.00 0.00000000 0.00 M-1 0.00 7,217,000.00 1.00000000 0.00 M-2 0.00 4,766,000.00 1.00000000 0.00 M-3 0.00 2,043,000.00 1.00000000 0.00 CE 0.00 953,253.00 1.00013954 0.00 P 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 10,973,904.39 217,437,486.35 0.79835111 10,973,904.39
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 93,411,000.00 529.53118733 0.00000000 117.47978707 0.00000000 A-2 28,400,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-3 48,719,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-4 35,735,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-5 23,878,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-6 27,236,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M-1 7,217,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 4,766,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 2,043,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 CE 953,120.00 1000.13954172 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 117.47978707 412.05140026 0.41205140 117.47978707 A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 CE 0.00000000 0.00000000 1,000.13954172 1.00013954 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-1 93,411,000.00 2.10250% 49,464,037.74 92,442.79 0.00 0.00 A-2 28,400,000.00 3.08000% 28,400,000.00 72,893.33 0.00 0.00 A-3 48,719,000.00 3.78000% 48,719,000.00 153,464.85 0.00 0.00 A-4 35,735,000.00 4.87000% 35,735,000.00 145,024.54 0.00 0.00 A-5 23,878,000.00 5.66000% 23,878,000.00 112,624.57 0.00 0.00 A-6 27,236,000.00 4.68000% 27,236,000.00 106,220.40 0.00 0.00 A-IO 0.00 4.50000% 27,236,000.00 102,135.00 0.00 0.00 M-1 7,217,000.00 5.09000% 7,217,000.00 30,612.11 0.00 0.00 M-2 4,766,000.00 5.54000% 4,766,000.00 22,003.03 0.00 0.00 M-3 2,043,000.00 6.15000% 2,043,000.00 10,470.38 0.00 0.00 CE 953,120.00 0.00000% 953,253.00 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 272,358,220.00 847,891.00 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-1 0.00 0.00 92,442.79 0.00 38,490,133.35 A-2 0.00 0.00 72,893.33 0.00 28,400,000.00 A-3 0.00 0.00 153,464.85 0.00 48,719,000.00 A-4 0.00 0.00 145,024.54 0.00 35,735,000.00 A-5 0.00 0.00 112,624.57 0.00 23,878,000.00 A-6 0.00 0.00 106,220.40 0.00 27,236,000.00 A-IO 0.00 0.00 102,135.00 0.00 27,236,000.00 M-1 0.00 0.00 30,612.11 0.00 7,217,000.00 M-2 0.00 0.00 22,003.03 0.00 4,766,000.00 M-3 0.00 0.00 10,470.38 0.00 2,043,000.00 CE 0.00 0.00 347,945.71 0.00 953,253.00 P 0.00 0.00 55,953.56 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 1,251,790.27 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-1 93,411,000.00 2.10250% 529.53118733 0.98963495 0.00000000 0.00000000 A-2 28,400,000.00 3.08000% 1000.00000000 2.56666655 0.00000000 0.00000000 A-3 48,719,000.00 3.78000% 1000.00000000 3.15000000 0.00000000 0.00000000 A-4 35,735,000.00 4.87000% 1000.00000000 4.05833329 0.00000000 0.00000000 A-5 23,878,000.00 5.66000% 1000.00000000 4.71666681 0.00000000 0.00000000 A-6 27,236,000.00 4.68000% 1000.00000000 3.90000000 0.00000000 0.00000000 A-IO 0.00 4.50000% 800.00000000 3.00000000 0.00000000 0.00000000 M-1 7,217,000.00 5.09000% 1000.00000000 4.24166690 0.00000000 0.00000000 M-2 4,766,000.00 5.54000% 1000.00000000 4.61666597 0.00000000 0.00000000 M-3 2,043,000.00 6.15000% 1000.00000000 5.12500245 0.00000000 0.00000000 CE 953,120.00 0.00000% 1000.13954172 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1 0.00000000 0.00000000 0.98963495 0.00000000 412.05140026 A-2 0.00000000 0.00000000 2.56666655 0.00000000 1000.00000000 A-3 0.00000000 0.00000000 3.15000000 0.00000000 1000.00000000 A-4 0.00000000 0.00000000 4.05833329 0.00000000 1000.00000000 A-5 0.00000000 0.00000000 4.71666681 0.00000000 1000.00000000 A-6 0.00000000 0.00000000 3.90000000 0.00000000 1000.00000000 A-IO 0.00000000 0.00000000 3.00000000 0.00000000 800.00000000 M-1 0.00000000 0.00000000 4.24166690 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 4.61666597 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 5.12500245 0.00000000 1000.00000000 CE 0.00000000 0.00000000 365.05970917 0.00000000 1000.13954172 P 0.00000000 0.00000000 559535.60000000 0.00000000 1000.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 12,320,306.63 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 63,628.40 Realized Loss (Gains, Subsequent Expenses & Recoveries) (97,462.70) Prepayment Penalties 55,953.56 Total Deposits 12,342,425.89 Withdrawals Reimbursement for Servicer Advances 63,911.06 Payment of Service Fee 52,820.17 Payment of Interest and Principal 12,225,694.66 Total Withdrawals (Pool Distribution Amount) 12,342,425.89 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES Gross Servicing Fee 47,585.74 Credit Risk Manager Fee: The Murrayhill Company 1,903.44 Master Servicing Fee: Wells Fargo 3,330.99 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 52,820.17
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 1.09 1.09 1,000.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 306,244.23 0.00 0.00 306,244.23 30 Days 16 0 0 0 16 2,439,798.94 0.00 0.00 0.00 2,439,798.94 60 Days 2 1 2 0 5 495,654.63 99,115.68 321,060.20 0.00 915,830.51 90 Days 2 0 5 0 7 351,942.10 0.00 725,013.52 0.00 1,076,955.62 120 Days 2 0 2 0 4 833,288.09 0.00 572,721.71 0.00 1,406,009.80 150 Days 0 1 3 1 5 0.00 396,914.87 558,787.51 179,841.99 1,135,544.37 180+ Days 0 2 6 2 10 0.00 219,764.90 1,771,009.13 221,466.26 2,212,240.29 Totals 22 5 18 3 48 4,120,683.76 1,022,039.68 3,948,592.07 401,308.25 9,492,623.76 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.087413% 0.000000% 0.000000% 0.087413% 0.140692% 0.000000% 0.000000% 0.140692% 30 Days 1.398601% 0.000000% 0.000000% 0.000000% 1.398601% 1.120872% 0.000000% 0.000000% 0.000000% 1.120872% 60 Days 0.174825% 0.087413% 0.174825% 0.000000% 0.437063% 0.227709% 0.045535% 0.147499% 0.000000% 0.420743% 90 Days 0.174825% 0.000000% 0.437063% 0.000000% 0.611888% 0.161686% 0.000000% 0.333080% 0.000000% 0.494766% 120 Days 0.174825% 0.000000% 0.174825% 0.000000% 0.349650% 0.382822% 0.000000% 0.263115% 0.000000% 0.645937% 150 Days 0.000000% 0.087413% 0.262238% 0.087413% 0.437063% 0.000000% 0.182347% 0.256713% 0.082621% 0.521682% 180+ Days 0.000000% 0.174825% 0.524476% 0.174825% 0.874126% 0.000000% 0.100963% 0.813622% 0.101744% 1.016329% Totals 1.923077% 0.437063% 1.573427% 0.262238% 4.195804% 1.893089% 0.469537% 1.814028% 0.184366% 4.361020%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 63,628.40
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 7.075408% Weighted Average Net Coupon 6.822073% Weighted Average Pass-Through Rate 6.794574% Weighted Average Maturity(Stepdown Calculation ) 328 Beginning Scheduled Collateral Loan Count 1,189 Number Of Loans Paid In Full 45 Ending Scheduled Collateral Loan Count 1,144 Beginning Scheduled Collateral Balance 228,411,390.74 Ending Scheduled Collateral Balance 217,437,486.35 Ending Actual Collateral Balance at 31-Oct-2004 217,669,802.41 Monthly P &I Constant 1,577,834.70 Special Servicing Fee 0.00 Prepayment Penalties 55,953.56 Realized Loss Amount 97,462.70 Cumulative Realized Loss 97,462.70 Ending Scheduled Balance for Premium Loans 217,437,486.35 Scheduled Principal 231,042.22 Unscheduled Principal 10,742,862.17 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 97,462.70 Overcollateralized reduction Amount 0.00 Specified O/C Amount 953,253.00 Overcollateralized Amount 953,253.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 97,462.70 Excess Cash Amount 347,945.70
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