-----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, TdiqqMrsy2vbcSSj5FNLbRqBzaQRuHOn2pWm3BAH42Zz9Gh+772ktgBXZG/HC7q+ LMssA5Z+EBzkS2Ki986LSw== 0001056404-04-004114.txt : 20041202 0001056404-04-004114.hdr.sgml : 20041202 20041202105524 ACCESSION NUMBER: 0001056404-04-004114 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: 20041202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEAR STEARNS ARM TRUST, MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2004-4 CENTRAL INDEX KEY: 0001294873 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: 333-115122-05 FILM NUMBER: 041179252 BUSINESS ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10179 BUSINESS PHONE: 212272-2000 MAIL ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10179 8-K 1 bst04004_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 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2004-4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-115122-05 54-2155124 Pooling and Servicing Agreement) (Commission 54-2155125 (State or other File Number) 54-2155126 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 BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2004-4 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 2004-4 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. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2004-4 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 11/29/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-4 Trust, relating to the November 26, 2004 distribution. EX-99.1
Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 10/31/2004 Distribution Date: 11/26/2004 BST Series: 2004-4 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-A 07384MT77 SEN 2.44700% 110,705,075.89 225,746.10 6,014,155.33 A-1-B 07384MV82 SEN 3.51628% 37,948,184.51 111,196.96 2,061,570.12 A-2 07384MT85 SEN 3.51628% 81,891,000.00 239,959.57 0.00 A-3 07384MT93 SEN 3.51628% 143,197,000.00 419,600.33 0.00 A-4 07384MU26 SEN 3.51628% 109,269,000.00 320,183.44 0.00 A-5 07384MU34 SEN 3.51628% 91,012,000.00 266,686.21 0.00 A-6 07384MU42 SEN 3.51628% 363,755,000.00 1,065,886.29 0.00 A-7 07384MU59 SEN 3.51628% 48,077,137.55 140,877.13 414,019.17 X-1 07384MU67 SEN 1.06928% 0.00 98,645.38 0.00 B-1 07384MV25 SUB 3.51628% 11,018,143.93 32,285.71 11,551.63 B-2 07384MV33 SUB 3.51628% 7,345,429.28 21,523.81 7,701.08 B-3 07384MV41 SUB 3.51628% 4,722,346.21 13,837.57 4,951.00 B-4 07384MV90 SUB 3.51628% 2,098,267.29 6,148.41 2,199.86 B-5 07384MW24 SUB 3.51628% 2,099,263.14 6,151.33 2,200.91 B-6 07384MW32 SUB 3.51628% 1,050,336.26 3,077.73 1,101.19 R-I 07384MU75 RES 3.51561% 0.00 0.00 0.00 R-II 07384MU83 RES 3.51561% 0.00 0.00 0.00 R-III 07384MU91 RES 3.51561% 0.00 0.32 0.00 Totals 1,014,188,184.06 2,971,806.29 8,519,450.29
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1-A 0.00 104,690,920.57 6,239,901.43 0.00 A-1-B 0.00 35,886,614.40 2,172,767.08 0.00 A-2 0.00 81,891,000.00 239,959.57 0.00 A-3 0.00 143,197,000.00 419,600.33 0.00 A-4 0.00 109,269,000.00 320,183.44 0.00 A-5 0.00 91,012,000.00 266,686.21 0.00 A-6 0.00 363,755,000.00 1,065,886.29 0.00 A-7 0.00 47,663,118.38 554,896.30 0.00 X-1 0.00 0.00 98,645.38 0.00 B-1 0.00 11,006,592.30 43,837.34 0.00 B-2 0.00 7,337,728.20 29,224.89 0.00 B-3 0.00 4,717,395.22 18,788.57 0.00 B-4 0.00 2,096,067.42 8,348.27 0.00 B-5 0.00 2,097,062.24 8,352.24 0.00 B-6 0.00 1,049,235.07 4,178.92 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.32 0.00 Totals 0.00 1,005,668,733.80 11,491,256.58 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-A 138,637,100.00 110,705,075.89 732,197.71 5,281,957.62 0.00 0.00 A-1-B 47,522,900.00 37,948,184.51 250,987.35 1,810,582.76 0.00 0.00 A-2 81,891,000.00 81,891,000.00 0.00 0.00 0.00 0.00 A-3 143,197,000.00 143,197,000.00 0.00 0.00 0.00 0.00 A-4 109,269,000.00 109,269,000.00 0.00 0.00 0.00 0.00 A-5 91,012,000.00 91,012,000.00 0.00 0.00 0.00 0.00 A-6 363,755,000.00 363,755,000.00 0.00 0.00 0.00 0.00 A-7 50,000,000.00 48,077,137.55 50,405.06 363,614.11 0.00 0.00 X-1 0.00 0.00 0.00 0.00 0.00 0.00 B-1 11,064,000.00 11,018,143.93 11,551.63 0.00 0.00 0.00 B-2 7,376,000.00 7,345,429.28 7,701.08 0.00 0.00 0.00 B-3 4,742,000.00 4,722,346.21 4,951.00 0.00 0.00 0.00 B-4 2,107,000.00 2,098,267.29 2,199.86 0.00 0.00 0.00 B-5 2,108,000.00 2,099,263.14 2,200.91 0.00 0.00 0.00 B-6 1,054,707.62 1,050,336.26 1,101.19 0.00 0.00 0.00 R-I 50.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 R-III 50.00 0.00 0.00 0.00 0.00 0.00 Totals 1,053,735,857.62 1,014,188,184.06 1,063,295.79 7,456,154.49 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-A 6,014,155.33 104,690,920.57 0.75514361 6,014,155.33 A-1-B 2,061,570.12 35,886,614.40 0.75514361 2,061,570.12 A-2 0.00 81,891,000.00 1.00000000 0.00 A-3 0.00 143,197,000.00 1.00000000 0.00 A-4 0.00 109,269,000.00 1.00000000 0.00 A-5 0.00 91,012,000.00 1.00000000 0.00 A-6 0.00 363,755,000.00 1.00000000 0.00 A-7 414,019.17 47,663,118.38 0.95326237 414,019.17 X-1 0.00 0.00 0.00000000 0.00 B-1 11,551.63 11,006,592.30 0.99481131 11,551.63 B-2 7,701.08 7,337,728.20 0.99481131 7,701.08 B-3 4,951.00 4,717,395.22 0.99481131 4,951.00 B-4 2,199.86 2,096,067.42 0.99481131 2,199.86 B-5 2,200.91 2,097,062.24 0.99481131 2,200.91 B-6 1,101.19 1,049,235.07 0.99481131 1,101.19 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 R-III 0.00 0.00 0.00000000 0.00 Totals 8,519,450.29 1,005,668,733.80 0.95438409 8,519,450.29
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1-A 138,637,100.00 798.52417491 5.28139805 38.09916408 0.00000000 A-1-B 47,522,900.00 798.52417487 5.28139802 38.09916398 0.00000000 A-2 81,891,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-3 143,197,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-4 109,269,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-5 91,012,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-6 363,755,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-7 50,000,000.00 961.54275100 1.00810120 7.27228220 0.00000000 X-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 11,064,000.00 995.85538051 1.04407357 0.00000000 0.00000000 B-2 7,376,000.00 995.85537961 1.04407267 0.00000000 0.00000000 B-3 4,742,000.00 995.85537959 1.04407423 0.00000000 0.00000000 B-4 2,107,000.00 995.85538206 1.04407214 0.00000000 0.00000000 B-5 2,108,000.00 995.85537951 1.04407495 0.00000000 0.00000000 B-6 1,054,707.62 995.85538218 1.04407134 0.00000000 0.00000000 R-I 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 0.00000000 0.00000000 0.00000000 0.00000000
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1-A 0.00000000 43.38056213 755.14361286 0.75514361 43.38056213 A-1-B 0.00000000 43.38056221 755.14361287 0.75514361 43.38056221 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-7 0.00000000 8.28038340 953.26236760 0.95326237 8.28038340 X-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 1.04407357 994.81130694 0.99481131 1.04407357 B-2 0.00000000 1.04407267 994.81130694 0.99481131 1.04407267 B-3 0.00000000 1.04407423 994.81130747 0.99481131 1.04407423 B-4 0.00000000 1.04407214 994.81130517 0.99481131 1.04407214 B-5 0.00000000 1.04407495 994.81130930 0.99481131 1.04407495 B-6 0.00000000 1.04407134 994.81131084 0.99481131 1.04407134 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 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-A 138,637,100.00 2.44700% 110,705,075.89 225,746.10 0.00 0.00 A-1-B 47,522,900.00 3.51628% 37,948,184.51 111,196.96 0.00 0.00 A-2 81,891,000.00 3.51628% 81,891,000.00 239,959.57 0.00 0.00 A-3 143,197,000.00 3.51628% 143,197,000.00 419,600.33 0.00 0.00 A-4 109,269,000.00 3.51628% 109,269,000.00 320,183.44 0.00 0.00 A-5 91,012,000.00 3.51628% 91,012,000.00 266,686.21 0.00 0.00 A-6 363,755,000.00 3.51628% 363,755,000.00 1,065,886.29 0.00 0.00 A-7 50,000,000.00 3.51628% 48,077,137.55 140,877.13 0.00 0.00 X-1 0.00 1.06928% 110,705,075.89 98,645.38 0.00 0.00 B-1 11,064,000.00 3.51628% 11,018,143.93 32,285.71 0.00 0.00 B-2 7,376,000.00 3.51628% 7,345,429.28 21,523.81 0.00 0.00 B-3 4,742,000.00 3.51628% 4,722,346.21 13,837.57 0.00 0.00 B-4 2,107,000.00 3.51628% 2,098,267.29 6,148.41 0.00 0.00 B-5 2,108,000.00 3.51628% 2,099,263.14 6,151.33 0.00 0.00 B-6 1,054,707.62 3.51628% 1,050,336.26 3,077.73 0.00 0.00 R-I 50.00 3.51561% 0.00 0.00 0.00 0.00 R-II 50.00 3.51561% 0.00 0.00 0.00 0.00 R-III 50.00 3.51561% 0.00 0.00 0.00 0.00 Totals 1,053,735,857.62 2,971,805.97 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-A 0.00 0.00 225,746.10 0.00 104,690,920.57 A-1-B 0.00 0.00 111,196.96 0.00 35,886,614.40 A-2 0.00 0.00 239,959.57 0.00 81,891,000.00 A-3 0.00 0.00 419,600.33 0.00 143,197,000.00 A-4 0.00 0.00 320,183.44 0.00 109,269,000.00 A-5 0.00 0.00 266,686.21 0.00 91,012,000.00 A-6 0.00 0.00 1,065,886.29 0.00 363,755,000.00 A-7 0.00 0.00 140,877.13 0.00 47,663,118.38 X-1 0.00 0.00 98,645.38 0.00 104,690,920.57 B-1 0.00 0.00 32,285.71 0.00 11,006,592.30 B-2 0.00 0.00 21,523.81 0.00 7,337,728.20 B-3 0.00 0.00 13,837.57 0.00 4,717,395.22 B-4 0.00 0.00 6,148.41 0.00 2,096,067.42 B-5 0.00 0.00 6,151.33 0.00 2,097,062.24 B-6 0.00 0.00 3,077.73 0.00 1,049,235.07 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.32 0.00 0.00 Totals 0.00 0.00 2,971,806.29 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-A 138,637,100.00 2.44700% 798.52417491 1.62832388 0.00000000 0.00000000 A-1-B 47,522,900.00 3.51628% 798.52417487 2.33986057 0.00000000 0.00000000 A-2 81,891,000.00 3.51628% 1000.00000000 2.93023128 0.00000000 0.00000000 A-3 143,197,000.00 3.51628% 1000.00000000 2.93023129 0.00000000 0.00000000 A-4 109,269,000.00 3.51628% 1000.00000000 2.93023126 0.00000000 0.00000000 A-5 91,012,000.00 3.51628% 1000.00000000 2.93023129 0.00000000 0.00000000 A-6 363,755,000.00 3.51628% 1000.00000000 2.93023131 0.00000000 0.00000000 A-7 50,000,000.00 3.51628% 961.54275100 2.81754260 0.00000000 0.00000000 X-1 0.00 1.06928% 798.52417491 0.71153667 0.00000000 0.00000000 B-1 11,064,000.00 3.51628% 995.85538051 2.91808659 0.00000000 0.00000000 B-2 7,376,000.00 3.51628% 995.85537961 2.91808704 0.00000000 0.00000000 B-3 4,742,000.00 3.51628% 995.85537959 2.91808730 0.00000000 0.00000000 B-4 2,107,000.00 3.51628% 995.85538206 2.91808733 0.00000000 0.00000000 B-5 2,108,000.00 3.51628% 995.85537951 2.91808824 0.00000000 0.00000000 B-6 1,054,707.62 3.51628% 995.85538218 2.91808833 0.00000000 0.00000000 R-I 50.00 3.51561% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 3.51561% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 3.51561% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 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-A 0.00000000 0.00000000 1.62832388 0.00000000 755.14361286 A-1-B 0.00000000 0.00000000 2.33986057 0.00000000 755.14361287 A-2 0.00000000 0.00000000 2.93023128 0.00000000 1000.00000000 A-3 0.00000000 0.00000000 2.93023129 0.00000000 1000.00000000 A-4 0.00000000 0.00000000 2.93023126 0.00000000 1000.00000000 A-5 0.00000000 0.00000000 2.93023129 0.00000000 1000.00000000 A-6 0.00000000 0.00000000 2.93023131 0.00000000 1000.00000000 A-7 0.00000000 0.00000000 2.81754260 0.00000000 953.26236760 X-1 0.00000000 0.00000000 0.71153667 0.00000000 755.14361286 B-1 0.00000000 0.00000000 2.91808659 0.00000000 994.81130694 B-2 0.00000000 0.00000000 2.91808704 0.00000000 994.81130694 B-3 0.00000000 0.00000000 2.91808730 0.00000000 994.81130747 B-4 0.00000000 0.00000000 2.91808733 0.00000000 994.81130517 B-5 0.00000000 0.00000000 2.91808824 0.00000000 994.81130930 B-6 0.00000000 0.00000000 2.91808833 0.00000000 994.81131084 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 6.40000000 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 11,684,489.01 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 25,042.07 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 11,709,531.08 Withdrawals Reimbursement for Servicer Advances 6,985.30 Payment of Service Fee 211,289.20 Payment of Interest and Principal 11,491,256.58 Total Withdrawals (Pool Distribution Amount) 11,709,531.08 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 211,289.20 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 211,289.20
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 11 0 0 0 11 6,269,707.75 0.00 0.00 0.00 6,269,707.75 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 11 0 0 0 11 6,269,707.75 0.00 0.00 0.00 6,269,707.75 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 0.498640% 0.000000% 0.000000% 0.000000% 0.498640% 0.622920% 0.000000% 0.000000% 0.000000% 0.622920% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.498640% 0.000000% 0.000000% 0.000000% 0.498640% 0.622920% 0.000000% 0.000000% 0.000000% 0.622920%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 25,042.07
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 3.766278% Weighted Average Net Coupon 3.516278% Weighted Average Pass-Through Rate 3.516278% Weighted Average Maturity(Stepdown Calculation ) 348 Beginning Scheduled Collateral Loan Count 2,221 Number Of Loans Paid In Full 15 Ending Scheduled Collateral Loan Count 2,206 Beginning Scheduled Collateral Balance 1,014,188,183.78 Ending Scheduled Collateral Balance 1,005,668,733.50 Ending Actual Collateral Balance at 31-Oct-2004 1,006,503,438.08 Monthly P &I Constant 4,246,391.13 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 1,063,295.79 Unscheduled Principal 7,456,154.49
Miscellaneous Reporting Average Loss Severity Percentage 0.000000% Senior Percentage 97.206265% Senior Prepayment Percentage 100.000000% Subordinate Percentage 2.793735% Subordinate Prepayment Percentage 0.000000%
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