-----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, LGNsOR2NUREXhOqwfCTvPqIsdS5TWkJihkA+5ZhFlta6mjC2NiJZEtRQ460uy1ex dC59DkYHeInFqHxFQHPqWA== 0001291617-04-000004.txt : 20040811 0001291617-04-000004.hdr.sgml : 20040811 20040811141420 ACCESSION NUMBER: 0001291617-04-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040810 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040811 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RFC RALI Series 2004-QS7 CENTRAL INDEX KEY: 0001291617 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-107959-09 FILM NUMBER: 04966663 BUSINESS ADDRESS: STREET 1: 8400 NORMADALE LAKE BLVD STREET 2: STE 600 CITY: MINNEAPOLIS STATE: MN ZIP: 55437 BUSINESS PHONE: 952-857-7000 MAIL ADDRESS: STREET 1: 8400 NORMANDALE LAKE BLVD CITY: MINNEAPOLIS STATE: MN ZIP: 55437 8-K 1 qs78k07.txt 2004 QS7 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) July 26, 2004 RESIDENTIAL ACCREDIT LOANS, INC. as depositor of the RALI SERIES 2004-QS7 TRUST (Exact name of the registrant as specified in its charter) Delaware 333-107959-09 51-0368240 (State or other (Commission File Number) (I.R.S. Employee jurisdiction of incorporation) Identification No.) Residential Accredit Loans, Inc. 8400 Normandale Lake Boulevard Minneapolis, Minnesota 55437 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (952) 857-7000 Item 5. Other Events A copy of the monthly report relating to the July 2004 distribution to holders of the Residential Accredit Loans, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series 2004-QS7 is included as an exhibit to this Report.. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits The following is filed as an Exhibit to this Report under Exhibit 20. No. 20. July 2004 Monthly Report 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. RESIDENTIAL ACCREDIT LOANS, INC., as depositor of the registrant identified on the cover page to this Report By: /s/ Barbara Wendt Name: Barbara Wendt Title: Managing Director Dated: July 26, 2004 EX-20 2 qs70407.txt Run: 07/22/04 08:33:54 REPT1B.FRG Page: 1 of 2 RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER) RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY) MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2004-QS7(POOL # 4845) STATEMENT TO CERTIFICATEHOLDERS DISTRIBUTION SUMMARY FOR POOL# 4845 _______________________________________________________________________________ PRINCIPAL CURRENT ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION _______________________________________________________________________________ A-1 76110HTV1 335,457,000.00 329,694,054.21 5.500000 % 9,495,544.61 A-2 76110HTW9 37,169,000.00 37,169,000.00 6.000000 % 0.00 A-3 76110HTX7 24,521,000.00 24,406,416.67 5.500000 % 115,108.51 A-4 76110HTY5 25,000,000.00 25,114,583.33 5.500000 % 0.00 A-5 76110HTZ2 3,379,000.00 3,379,000.00 0.000000 % 0.00 A-P 76110HUA5 2,987,745.35 2,968,504.10 0.000000 % 10,394.99 A-V 76110HUB3 0.00 0.00 0.278776 % 0.00 R 76110HUC1 100.00 0.00 5.500000 % 0.00 M-1 76110HUD9 9,433,300.00 9,423,776.24 5.500000 % 9,519.69 M-2 76110HUE7 4,491,700.00 4,487,165.23 5.500000 % 4,532.84 M-3 76110HUF4 2,695,000.00 2,692,279.16 5.500000 % 2,719.68 B-1 76110HTS8 1,347,500.00 1,346,139.58 5.500000 % 1,359.84 B-2 76110HTT6 1,347,500.00 1,346,139.58 5.500000 % 1,359.84 B-3 76110HTU3 1,347,885.71 1,346,524.90 5.500000 % 1,360.23 - ------------------------------------------------------------------------------- 449,176,731.06 443,373,583.00 9,641,900.23 =============================================================================== _______________________________________________________________________________ REMAINING INTEREST TOTAL DEFERRED REALIZED PRINCIPAL DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE _______________________________________________________________________________ A-1 1,511,097.75 11,006,642.36 0.00 0.00 320,198,509.60 A-2 185,845.00 185,845.00 0.00 0.00 37,169,000.00 A-3 111,862.74 226,971.25 0.00 0.00 24,291,308.16 A-4 0.00 0.00 115,108.51 0.00 25,229,691.84 A-5 0.00 0.00 0.00 0.00 3,379,000.00 A-P 0.00 10,394.99 0.00 0.00 2,958,109.11 A-V 103,001.69 103,001.69 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 M-1 43,192.31 52,712.00 0.00 0.00 9,414,256.55 M-2 20,566.17 25,099.01 0.00 0.00 4,482,632.39 M-3 12,339.61 15,059.29 0.00 0.00 2,689,559.48 B-1 6,169.81 7,529.65 0.00 0.00 1,344,779.74 B-2 6,169.81 7,529.65 0.00 0.00 1,344,779.74 B-3 6,171.57 7,531.80 0.00 0.00 1,345,164.67 - ------------------------------------------------------------------------------- 2,006,416.46 11,648,316.69 115,108.51 0.00 433,846,791.28 =============================================================================== _______________________________________________________________________________ AMOUNTS PER $1,000 UNIT _______________________________________________________________________________ BEGINNING ENDING BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR _______________________________________________________________________________ A-1 982.820613 28.306294 4.504594 32.810888 0.000000 954.514318 A-2 1000.000000 0.000000 5.000000 5.000000 0.000000 1000.000000 A-3 995.327135 4.694283 4.561916 9.256199 0.000000 990.632852 A-4 1004.583333 0.000000 0.000000 0.000000 4.604340 1009.187674 A-5 1000.000000 0.000000 0.000000 0.000000 0.000000 1000.000000 A-P 993.559943 3.479209 0.000000 3.479209 0.000000 990.080734 A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 M-1 998.990410 1.009157 4.578706 5.587863 0.000000 997.981253 M-2 998.990410 1.009157 4.578705 5.587862 0.000000 997.981253 M-3 998.990410 1.009158 4.578705 5.587863 0.000000 997.981253 B-1 998.990410 1.009158 4.578709 5.587867 0.000000 997.981253 B-2 998.990410 1.009158 4.578709 5.587867 0.000000 997.981253 B-3 998.990411 1.009158 4.578704 5.587862 0.000000 997.981253 _______________________________________________________________________________ DETERMINATION DATE 22-July-04 DISTRIBUTION DATE 26-July-04 Run: 07/22/04 08:33:55 rept2.frg Page: 2 of 2 RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER) RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY) MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2004-QS7 (POOL # 4845) STATEMENT TO CERTIFICATEHOLDERS ADDITIONAL RELATED INFORMATION FOR POOL 4845 _______________________________________________________________________________ SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 92,419.25 SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 20,356.97 SUBSERVICER ADVANCES THIS MONTH 32,324.72 MASTER SERVICER ADVANCES THIS MONTH 0.00 NUMBER OF PRINCIPAL DELINQUENCIES: LOANS BALANCE (A) ONE MONTHLY PAYMENT: 27 5,327,999.46 (B) TWO MONTHLY PAYMENTS: 0 0.00 (C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00 FORECLOSURES NUMBER OF LOANS 0 AGGREGATE PRINCIPAL BALANCE 0.00 SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER DISTRIBUTION 433,846,791.27 AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE DETERMINATION DATE 2,294 NUMBER OF REO LOANS ACQUIRED INCLUDING ANY PENDING CASH LIQUIDATIONS 0 BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH FORECLOSURE OR GRANT OF A DEED IN LIEU OF FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00 REMAINING SUBCLASS INTEREST SHORTFALL 0.00 CLASS A SHORTFALL (PRINCIPAL) 0.00 CLASS A SHORTFALL (INTEREST) 0.00 TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 9,078,452.55 TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00 DISTRIBUTION PERCENTAGES: SENIOR CLASS M CLASS B CURRENT DISTRIBUTION 95.31294600 % 3.76998800 % 0.91092570 % PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 % NEXT DISTRIBUTION 95.21426900 % 3.82311193 % 0.93637270 % BANKRUPTCY AMOUNT AVAILABLE 160,942.00 FRAUD AMOUNT AVAILABLE 8,983,535.00 SPECIAL HAZARD AMOUNT AVAILABLE 4,491,767.00 ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 6.05247568 ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 353.50 POOL TRADING FACTOR: 96.58710286 -----END PRIVACY-ENHANCED MESSAGE-----