-----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, TJeAUo45SsiKmkArHX7Zz7Lt0z5n+/vF7Lq2DnNihu/KTQsBjBnPxdQ0Il9s6Jt7 ikVHAJZdDE/FiN/R92rimA== 0001056404-05-000017.txt : 20050103 0001056404-05-000017.hdr.sgml : 20041231 20050103090718 ACCESSION NUMBER: 0001056404-05-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041227 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050103 DATE AS OF CHANGE: 20050103 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RESIDENTIAL ASSET MORT PROD INC GMACM HOME EQ L N TR 04 HE2 CENTRAL INDEX KEY: 0001285178 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-110437-09 FILM NUMBER: 05500143 BUSINESS ADDRESS: STREET 1: 8400 NORMANDALE LAKE BLVD STREET 2: SUITE 250 CITY: MINNEAPOLIS STATE: MN ZIP: 55437 BUSINESS PHONE: 2156823562 MAIL ADDRESS: STREET 1: 8400 NORMANDALE LAKD BLVD STREET 2: SUITE 250 CITY: MINNEAPOLIS STATE: MN ZIP: 55437 8-K 1 gma04he2_dec.txt DECEMBER 8-K 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): December 27, 2004 GMACM Home Equity Loan Trust Home Equity Loan-Backed Termed Notes, Series 2004-HE2 New York (governing law of 333-110437-09 N/A Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road 21045 Columbia, Maryland (Zip Code) (Address of principal executive offices) 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 December 27, 2004 a distribution was made to holders of Home Equity Loan Backed Term Notes Series 2004-HE2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Home Equity Loan-Backed Termed Notes, Series 2004-HE2, relating to the December 27, 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. GMACM Home Equity Loan Trust Home Equity Loan-Backed Variable Pay Revolving Notes, Series 2004-HE2 By: Wells Fargo Bank Minnesota, N.A., as Indenture Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: 12/30/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Home Equity Loan-Backed Variable Pay Revolving Notes, Series 2004-HE2, relating to the December 27, 2004 distribution.
Home Equity Loan-Backed Term Notes, GMACM Series 2004-HE2 Payment 12/27/2004 Date Servicing Certificate Group 1 Beginning Pool Balance 519,350,773.18 Beginning PFA 0.00 Ending Pool Balance 493,482,833.97 Ending PFA Balance - Principal Collections 25,797,305.32 Principal Draws - Net Principal Collections 25,797,305.32 Active Loan Count 14,662 Interest Collections 3,143,005.67 Weighted Average Loan Rate 7.76834% Weighted Average Net Loan Rate 7.2683% Substitution Adjustment Amount 0.00 Beginning Ending Interes Security Term Notes Balance Balance Factor Principal Interest Shortfalls % Coupon Class A-1A 10,383,048.79 391,407.29 0.0047369 9,991,641.50 20,117.16 0.00 0.0006 2.250% Class A-1B 70,897,000.00 70,897,000.00 1.0000000 0.00 140,415.45 0.00 0.0996 2.300% Class A-1C 137,649,826.24 120,728,727.69 0.4643413 16,921,098.55 270,252.49 0.00 0.1697 2.280% Class A-2 152,808,000.00 152,808,000.00 1.0000000 0.00 366,739.20 0.00 0.2148 2.880% Class A-3 34,034,000.00 34,034,000.00 1.0000000 0.00 120,253.47 0.00 0.0478 4.240% Class A-4 66,708,000.00 66,708,000.00 1.0000000 0.00 202,903.50 0.00 0.0938 3.650% Class A-IO 85,000,000.00 85,000,000.00 0.00 425,000.00 0.00 0.1195 6.000% Class M1 37,356,000.00 37,356,000.00 1.0000000 0.00 122,963.50 0.00 0.0525 3.950% Class M2 7,116,000.00 7,116,000.00 1.0000000 0.00 23,304.90 0.00 0.01 3.930% Certificates - - - - - - - - Beginning Overcollateralization Amount 2,398,898.15 Overcollateralization Amount Increase 1,044,800.84 (Decrease) Outstanding Overcollateralization Amount3,443,698.99 Overcollateralization Target 7,115,484.05 Amount Credit Enhancement Draw Amount 0.00 Unreimbursed Prior Draws 0.00 Number Percent Balance of Loans of Balance Delinquent Loans (30 Days) 2,528,286.20 80 0.51% Delinquent Loans (60 Days) 450,030.65 18 0.09% Delinquent Loans (90 Days) 368,062.07 15 0.07% Delinquent Loans (120 Days) 410,691.78 12 0.08% Delinquent Loans (150 Days) 166,335.64 5 0.03% Delinquent Loans (180+ Days) 151,956.31 6 0.03% REO - 0 0.00% Bankruptcy 1,087,047.81 32 0.22% Foreclosure 194,588.84 4 0.04% Liquidation To-Date Beginning Loss Amount 291,284.26 Current Month Loss Amount 70,633.89 Current Month Prinicpal 0.00 Recovery Net Ending Loss Amount 361,918.15 0.00 Net Recoveries to Date Beginning Net Principal Recovery Amount 0.00 Current Month Net Principal Recovery 0.00 Amount Ending Net Principal Recovery Amount 0.00 Special Hazard Fraud Bankruptcy Beginning Amount 0.00 0.00 0.00 Current Month Loss Amount 0.00 0.00 0.00 Ending Amount - - - Liquidation Loss Distribution Amounts 0.00 Extraordinary Event Losses 0.00 Excess Loss Amounts 0.00 Capitalized Interest Account Beginning Balance 0.00 Withdraw relating to Collection Period 0.00 Interest Earned (Zero, Paid to Funding 0.00 Account) Remaining Balance to GMAC Mortgage 0.00 Total Ending Capitalized Interest Account 0.00 Balance as Interest earned for Collection Period 0.00 Interest withdrawn related to prior 0.00 Collection Period Prefunding Account Beginning Balance 0.00 Additional Purchases during Revolving Period 0.00 Excess of Draws over Principal Collections 0.00 Ending PFA Balance to Noteholders 0.00 Total Ending Balance as of Payment Date 0.00 Interest earned for Collection Period 0.00 Interest withdrawn related to prior 0.00 Collection Period Current Month Repurchases Units 0 Current Month Repurchases ($) -
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