-----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, JJxhWSIpn24PCrAATBx5IW2blsFUSV+5O5Kv6Yq9R1NDWX6RmPc2kk5QZM4mtXXE PDBXRQuSYVOS94zPTIExwQ== 0001056404-04-002518.txt : 20040804 0001056404-04-002518.hdr.sgml : 20040804 20040804130336 ACCESSION NUMBER: 0001056404-04-002518 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040725 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040804 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Mortgage Backed Securities Series 2004-H CENTRAL INDEX KEY: 0001291722 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: 333-110283-21 FILM NUMBER: 04950815 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 BUSINESS PHONE: 3018468881 MAIL ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERIDK STATE: MD ZIP: 21703 8-K 1 wfm0400h_jul.txt JULY 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): July 26, 2004 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2004-H Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-110283-21 54-2154108 Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction 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) ITEM 5. Other Events On July 26, 2004 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2004-H Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-H Trust, relating to the July 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2004-H Trust 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: 8/2/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-H Trust, relating to the July 26, 2004 distribution. EX-99.1
Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 6/30/04 Distribution Date: 7/26/04 WFMBS Series: 2004-H 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 94979TAA4 SEN 4.53945% 434,277,856.67 1,642,912.68 1,269,514.32 A-2 94979TAB2 SEN 4.53945% 9,143,006.79 34,588.83 26,727.54 A-R 94979TAE6 SEN 4.53941% 0.00 0.00 0.00 B-1 94979TAF3 SUB 4.53945% 7,326,970.16 27,718.60 4,059.31 B-2 94979TAG1 SUB 4.53945% 2,289,740.64 8,662.30 1,268.57 B-3 94979TAH9 SUB 4.53945% 1,373,244.71 5,195.11 760.81 B-4 94979TAJ5 SUB 4.53945% 1,145,370.05 4,333.04 634.56 B-5 94979TAK2 SUB 4.53945% 915,496.48 3,463.41 507.21 B-6 94979TAL0 SUB 4.53945% 687,375.13 2,600.40 380.82 Totals 457,159,060.63 1,729,474.37 1,303,853.14
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 433,008,342.36 2,912,427.00 0.00 A-2 0.00 9,116,279.25 61,316.37 0.00 A-R 0.00 0.00 0.00 0.00 B-1 0.00 7,322,910.85 31,777.91 0.00 B-2 0.00 2,288,472.07 9,930.87 0.00 B-3 0.00 1,372,483.91 5,955.92 0.00 B-4 0.00 1,144,735.48 4,967.60 0.00 B-5 0.00 914,989.27 3,970.62 0.00 B-6 0.00 686,994.31 2,981.22 0.01 Totals 0.00 455,855,207.50 3,033,327.51 0.01 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-1 435,275,000.00 434,277,856.67 240,599.82 1,028,914.50 0.00 0.00 A-2 9,164,000.00 9,143,006.79 5,065.43 21,662.10 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 B-1 7,331,000.00 7,326,970.16 4,059.31 0.00 0.00 0.00 B-2 2,291,000.00 2,289,740.64 1,268.57 0.00 0.00 0.00 B-3 1,374,000.00 1,373,244.71 760.81 0.00 0.00 0.00 B-4 1,146,000.00 1,145,370.05 634.56 0.00 0.00 0.00 B-5 916,000.00 915,496.48 507.21 0.00 0.00 0.00 B-6 687,753.20 687,375.13 380.82 0.00 0.00 0.00 Totals 458,184,853.20 457,159,060.63 253,276.53 1,050,576.60 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 1,269,514.32 433,008,342.36 0.99479258 1,269,514.32 A-2 26,727.54 9,116,279.25 0.99479259 26,727.54 A-R 0.00 0.00 0.00000000 0.00 B-1 4,059.31 7,322,910.85 0.99889658 4,059.31 B-2 1,268.57 2,288,472.07 0.99889658 1,268.57 B-3 760.81 1,372,483.91 0.99889659 760.81 B-4 634.56 1,144,735.48 0.99889658 634.56 B-5 507.21 914,989.27 0.99889658 507.21 B-6 380.82 686,994.31 0.99889657 380.82 Totals 1,303,853.14 455,855,207.50 0.99491549 1,303,853.14
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 435,275,000.00 997.70916471 0.55275359 2.36382632 0.00000000 A-2 9,164,000.00 997.70916521 0.55275316 2.36382584 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 7,331,000.00 999.45030146 0.55371846 0.00000000 0.00000000 B-2 2,291,000.00 999.45030118 0.55371890 0.00000000 0.00000000 B-3 1,374,000.00 999.45029840 0.55371907 0.00000000 0.00000000 B-4 1,146,000.00 999.45030541 0.55371728 0.00000000 0.00000000 B-5 916,000.00 999.45030568 0.55372271 0.00000000 0.00000000 B-6 687,753.20 999.45028246 0.55371607 0.00000000 0.00000000 (2) Per $1000 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 2.91657991 994.79258483 0.99479258 2.91657991 A-2 0.00000000 2.91658010 994.79258512 0.99479259 2.91658010 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.55371846 998.89658300 0.99889658 0.55371846 B-2 0.00000000 0.55371890 998.89658228 0.99889658 0.55371890 B-3 0.00000000 0.55371907 998.89658661 0.99889659 0.55371907 B-4 0.00000000 0.55371728 998.89657941 0.99889658 0.55371728 B-5 0.00000000 0.55372271 998.89658297 0.99889658 0.55372271 B-6 0.00000000 0.55371607 998.89656638 0.99889657 0.55371607 (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-1 435,275,000.00 4.53945% 434,277,856.67 1,642,819.73 0.00 0.00 A-2 9,164,000.00 4.53945% 9,143,006.79 34,586.87 0.00 0.00 A-R 100.00 4.53941% 0.00 0.00 0.00 0.00 B-1 7,331,000.00 4.53945% 7,326,970.16 27,717.03 0.00 0.00 B-2 2,291,000.00 4.53945% 2,289,740.64 8,661.81 0.00 0.00 B-3 1,374,000.00 4.53945% 1,373,244.71 5,194.82 0.00 0.00 B-4 1,146,000.00 4.53945% 1,145,370.05 4,332.79 0.00 0.00 B-5 916,000.00 4.53945% 915,496.48 3,463.21 0.00 0.00 B-6 687,753.20 4.53945% 687,375.13 2,600.26 0.00 0.00 Totals 458,184,853.20 1,729,376.52 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 (92.95) 0.00 1,642,912.68 0.00 433,008,342.36 A-2 (1.96) 0.00 34,588.83 0.00 9,116,279.25 A-R 0.00 0.00 0.00 0.00 0.00 B-1 (1.57) 0.00 27,718.60 0.00 7,322,910.85 B-2 (0.49) 0.00 8,662.30 0.00 2,288,472.07 B-3 (0.29) 0.00 5,195.11 0.00 1,372,483.91 B-4 (0.25) 0.00 4,333.04 0.00 1,144,735.48 B-5 (0.20) 0.00 3,463.41 0.00 914,989.27 B-6 (0.15) 0.00 2,600.40 0.00 686,994.31 Totals (97.86) 0.00 1,729,474.37 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-1 435,275,000.00 4.53945% 997.70916471 3.77421108 0.00000000 0.00000000 A-2 9,164,000.00 4.53945% 997.70916521 3.77421104 0.00000000 0.00000000 A-R 100.00 4.53941% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 7,331,000.00 4.53945% 999.45030146 3.78079798 0.00000000 0.00000000 B-2 2,291,000.00 4.53945% 999.45030118 3.78079878 0.00000000 0.00000000 B-3 1,374,000.00 4.53945% 999.45029840 3.78080058 0.00000000 0.00000000 B-4 1,146,000.00 4.53945% 999.45030541 3.78079407 0.00000000 0.00000000 B-5 916,000.00 4.53945% 999.45030568 3.78079694 0.00000000 0.00000000 B-6 687,753.20 4.53945% 999.45028246 3.78080393 0.00000000 0.00000000 (5) All classes are per $1000 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 (0.00021354) 0.00000000 3.77442463 0.00000000 994.79258483 A-2 (0.00021388) 0.00000000 3.77442492 0.00000000 994.79258512 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 (0.00021416) 0.00000000 3.78101214 0.00000000 998.89658300 B-2 (0.00021388) 0.00000000 3.78101266 0.00000000 998.89658228 B-3 (0.00021106) 0.00000000 3.78101164 0.00000000 998.89658661 B-4 (0.00021815) 0.00000000 3.78101222 0.00000000 998.89657941 B-5 (0.00021834) 0.00000000 3.78101528 0.00000000 998.89658297 B-6 (0.00021810) 0.00000000 3.78100749 0.00000000 998.89656638 (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 59,701.32 Deposits Payments of Interest and Principal 3,073,753.43 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 3,073,753.43 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 97,880.94 Payment of Interest and Principal 3,033,327.49 Total Withdrawals (Pool Distribution Amount) 3,131,208.43 Ending Balance 2,246.32
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 1,072.17 Servicing Fee Support 1,170.03 Non-Supported Prepayment/Curtailment Interest Shortfall (97.86)
SERVICING FEES Gross Servicing Fee 95,241.31 Master Servicing Fee 3,809.65 Supported Prepayment/Curtailment Interest Shortfall 1,170.03 Net Servicing Fee 97,880.94
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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 840,000.00 0.00 0.00 0.00 840,000.00 60 Days 2 0 0 0 2 629,803.56 0.00 0.00 0.00 629,803.56 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 4 0 0 0 4 1,469,803.56 0.00 0.00 0.00 1,469,803.56 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.199800% 0.000000% 0.000000% 0.000000% 0.199800% 0.184265% 0.000000% 0.000000% 0.000000% 0.184265% 60 Days 0.199800% 0.000000% 0.000000% 0.000000% 0.199800% 0.138156% 0.000000% 0.000000% 0.000000% 0.138156% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.399600% 0.000000% 0.000000% 0.000000% 0.399600% 0.322421% 0.000000% 0.000000% 0.000000% 0.322421%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 95,440.21
SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 13,745,753.20 3.00004531% 13,730,585.89 3.01204981% 96.987950% 100.000000% Class B-1 6,414,753.20 1.40003607% 6,407,675.04 1.40563822% 1.606412% 0.000000% Class B-2 4,123,753.20 0.90001954% 4,119,202.97 0.90362091% 0.502017% 0.000000% Class B-3 2,749,753.20 0.60014057% 2,746,719.06 0.60254199% 0.301079% 0.000000% Class B-4 1,603,753.20 0.35002318% 1,601,983.58 0.35142378% 0.251118% 0.000000% Class B-5 687,753.20 0.15010387% 686,994.31 0.15070450% 0.200719% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.150704% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description 10/1 CMT ARM Weighted Average Gross Coupon 4.799717% Weighted Average Net Coupon 4.539717% Weighted Average Pass-Through Rate 4.539717% Weighted Average Maturity(Stepdown Calculation ) 357 Beginning Scheduled Collateral Loan Count 1,003 Number Of Loans Paid In Full 2 Ending Scheduled Collateral Loan Count 1,001 Beginning Scheduled Collateral Balance 457,159,060.63 Ending Scheduled Collateral Balance 455,855,207.50 Ending Actual Collateral Balance at 30-Jun-2004 455,865,030.57 Monthly P &I Constant 2,082,510.61 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 2,973,648.46 Ending scheduled Balance For discounted Loans 455,855,207.50 Scheduled Principal 253,276.53 Unscheduled Principal 1,050,576.60 Unpaid Principal Balance Of Outstanding Mortgage Loans With Or Less Than Or Equal To 80% 451,254,289.49 Greater Than 80%, less than or equal to 85% 640,591.03 Greater than 85%, less than or equal to 95% 3,954,494.43 Greater than 95% 0.00
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