-----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, O8Hyi1f7q/Igk8Eb1owqxCY7XJ/eROmEEQg/nW+7ipfQeC/Uvj2SoAhNPODzlwdV Y8O2H7FDOW07CZRg7BpJwg== 0001071787-04-000643.txt : 20040712 0001071787-04-000643.hdr.sgml : 20040712 20040712141645 ACCESSION NUMBER: 0001071787-04-000643 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040525 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040712 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CWABS INC ASSET-BACKED CERTIFICATES SERIES 2004-3 CENTRAL INDEX KEY: 0001285600 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-109272-08 FILM NUMBER: 04909855 BUSINESS ADDRESS: STREET 1: 4500 PARK GRANADA CITY: CALABASAS STATE: CA ZIP: 91302 MAIL ADDRESS: STREET 1: 4500 PARK GRANDA CITY: CALABASAS STATE: CA ZIP: 91302 8-K 1 cwa0403_8k0405.txt 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): May 25, 2004 CWA (Depositor) (Issuer in respect of Asset Backed Certificates, Series 2004-03) (Exact name of registrant as specified in charter) Delaware 33-63714 95-4449516 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) , , N/A 91110-7137 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (818)-304-4428 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Item 5. Other Events CWA Asset Backed Certificates Series 2004-03 On May 25, 2004, The Bank of New York, as Trustee for CWA, Asset Backed Certificates Series 2004-03, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of March 1, 2004, among CWA as Depositor, Countrywide Home Loans Servicing LP, Seller and Master Servicer and The Bank of New York, as Trustee. Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 99 Report to Holders of CWA, Asset Backed Certificates Series 2004-03 relating to the distribution date of May 25, 2004 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of March 1, 2004. SIGNATURES 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 thereunto duly authorized. Dated: May 25, 2004 CWA By: /s/ Courtney Bartholomew ------------------------------ Name: Courtney Bartholomew Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated May 25, 2004 Payment Date: 05/25/04 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2004-03 ------------------------------------------------------------
Class Information Current Payment Information - ---------------------------------------------------------------------------------------------------------------------------------- Beginning Pass Thru Principal Interest Total Principal Interest Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls - ---------------------------------------------------------------------------------------------------------------------------------- Senior 1A 692,072,688.14 1.310000% 6,359,439.28 730,328.93 7,089,768.21 0.00 0.00 2A 374,123,405.75 1.300000% 3,632,430.77 391,790.34 4,024,221.11 0.00 0.00 3A1 225,294,573.28 1.190000% 5,751,902.24 215,969.88 5,967,872.12 0.00 0.00 3A2 150,000,000.00 1.300000% 0.00 157,083.33 157,083.33 0.00 0.00 3A3 34,278,000.00 1.480000% 0.00 40,866.99 40,866.99 0.00 0.00 3A4 153,209,000.00 1.350000% 0.00 166,614.79 166,614.79 0.00 0.00 A 64,563,135.29 1.540000% 623,990.93 80,094.16 704,085.09 0.00 0.00 C 1,988,540,803.75 0.000000% 0.00 8,642,881.30 8,642,881.30 0.00 0.00 P 100.00 0.000000% 0.00 152,790.27 152,790.27 0.00 0.00 Residual AR 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- Subordinate M1 55,000,000.00 1.600000% 0.00 70,888.89 70,888.89 0.00 0.00 M2 40,000,000.00 1.650000% 0.00 53,166.67 53,166.67 0.00 0.00 M3 35,000,000.00 1.970000% 0.00 55,543.06 55,543.06 0.00 0.00 M4 30,000,000.00 2.070000% 0.00 50,025.00 50,025.00 0.00 0.00 M5 30,000,000.00 2.400000% 0.00 58,000.00 58,000.00 0.00 0.00 M6 30,000,000.00 2.900000% 0.00 70,083.33 70,083.33 0.00 0.00 M7 25,000,000.00 3.250000% 0.00 65,451.39 65,451.39 0.00 0.00 B 25,000,000.00 4.100000% 0.00 82,569.44 82,569.44 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 1,963,540,902.45 - 16,367,763.22 11,084,147.77 27,451,910.99 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior 1A 685,713,248.86 0.00 2A 370,490,974.99 0.00 3A1 219,542,671.04 0.00 3A2 150,000,000.00 0.00 3A3 34,278,000.00 0.00 3A4 153,209,000.00 0.00 A 63,939,144.35 0.00 C 1,972,173,040.48 0.00 P 100.00 0.00 Residual AR 0.00 0.00 - -------------------------------------------------------------------------------- Subordinate M1 55,000,000.00 0.00 M2 40,000,000.00 0.00 M3 35,000,000.00 0.00 M4 30,000,000.00 0.00 M5 30,000,000.00 0.00 M6 30,000,000.00 0.00 M7 25,000,000.00 0.00 B 25,000,000.00 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 1,947,173,139.23 - - --------------------------------------------------------------------------------
Payment Date: 05/25/04 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2004-03 ------------------------------------------------------------
Class Information Current Payment Information Factors per $1,000 - ------------------------------------------------------------------------------------------------------------------------ Beginning Pass Thru CUSIP Principal Interest Ending Cert./ Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal. - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Senior 1A 692,072,688.14 1.310000% 1266714L7 9.124016 1.047818 983.806670 2A 374,123,405.75 1.300000% 1266714M5 9.629986 1.038681 982.213613 3A1 225,294,573.28 1.190000% 1266714N3 25.193056 0.945938 961.586379 3A2 150,000,000.00 1.300000% 1266714P8 0.000000 1.047222 1,000.000000 3A3 34,278,000.00 1.480000% 1266714Q6 0.000000 1.192222 1,000.000000 3A4 153,209,000.00 1.350000% 1266714R4 0.000000 1.087500 1,000.000000 A 64,563,135.29 1.540000% 1266714S2 9.599861 1.232218 983.679144 C 1,988,540,803.75 0.000000% 1266715B8 0.000000 4.321440 986.086471 P 100.00 0.000000% 1266715C6 0.000000 1,527,902.700000 1,000.000000 Residual AR 0.00 0.000000% 1266715D4 0.000000 0.000000 0.000000 - ------------------------------------------------------------------------------------------------------------------------ Subordinate M1 55,000,000.00 1.600000% 1266714T0 0.000000 1.288889 1,000.000000 M2 40,000,000.00 1.650000% 1266714U7 0.000000 1.329167 1,000.000000 M3 35,000,000.00 1.970000% 1266714V5 0.000000 1.586944 1,000.000000 M4 30,000,000.00 2.070000% 1266714W3 0.000000 1.667500 1,000.000000 M5 30,000,000.00 2.400000% 1266714X1 0.000000 1.933333 1,000.000000 M6 30,000,000.00 2.900000% 1266714Y9 0.000000 2.336111 1,000.000000 M7 25,000,000.00 3.250000% 1266714Z6 0.000000 2.618056 1,000.000000 B 25,000,000.00 4.100000% 1266715A0 0.000000 3.302778 1,000.000000 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 1,963,540,902.45 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2004-03 ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Prin balance 838,265,727.94 453,024,456.89 680,882,855.65 Loan count 5195 2423 3572 Avg loan rate 7.123794% 7.165520% 7.161353% Prepay amount 5,877,494.52 3,386,119.12 5,412,498.81 Total ----- Prin balance 1,972,173,040.48 Loan count 11190 Avg loan rate 7.15 Prepay amount 14,676,112.45 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Master serv fees 350,332.33 188,503.33 283,220.21 Sub servicer fees 17,914.10 20,249.81 29,350.70 Trustee fees 6,336.58 3,426.01 5,151.47 Agg advances N/A N/A N/A Adv this period 8,036.26 15,033.05 14,927.19 Total ----- Master serv fees 822,055.87 Sub servicer fees 67,514.61 Trustee fees 14,914.06 Agg advances N/A Adv this period 37,996.50 - -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES - -------------------------------------------------------------------------------- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Total ----- Realized losses 0.00 Cumulative losses 0.00 Coverage Amounts - ---------------- Bankruptcy 0.00 0.00 0.00 Fraud 17,000,002.00 9,200,000.00 13,800,000.00 Special Hazard 0.00 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 40,000,002.00 Special Hazard 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 86.249332% 100.000000% 1,693,540,902.45 ----------------------------------------------------------------------------- Junior 13.750668% 0.000000% 270,000,000.00 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 26 4,944,046.27 60 to 89 days 2 302,932.58 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 28 5,246,978.85 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- REO INFORMATION - -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 0.00 Current Total Outstanding Number of Loans: 0 - -------------------------------------------------------------------------------- OTHER INFORMATION - -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 27,451,910.99 27,451,910.99 Principal remittance amount 16,367,763.22 16,367,763.22 Interest remittance amount 11,084,147.77 11,084,147.77 -----END PRIVACY-ENHANCED MESSAGE-----