-----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, Sb6tlCMZUMbBcBF+NG+cnIgyUR6XBty6f+h+cu8Ha4yCewH6vi75myKB1YYfzEZh bd+7+Zj3pcpz1kbIwFa5YA== 0001056404-04-004219.txt : 20041203 0001056404-04-004219.hdr.sgml : 20041203 20041203131739 ACCESSION NUMBER: 0001056404-04-004219 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: 20041203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RENAISSANCE HOME EQUITY LOAN TRUST 2004-2 CENTRAL INDEX KEY: 0001295729 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: 333-106896-04 FILM NUMBER: 041182887 BUSINESS ADDRESS: STREET 1: MCKEE NELSON LLP STREET 2: 5 TIMES SQUARE 35TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 9177774200 MAIL ADDRESS: STREET 1: 1000 WOODBURY ROAD CITY: WOODBURY STATE: NY ZIP: 11797 8-K 1 rma04002_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 RENAISSANCE MORTGAGE ACCEPTANCE CORPORATION Home Equity Loan Asset-Backed Certs., Series 2004-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106896-04 54-2161148 Pooling and Servicing Agreement) (Commission 54-2161149 (State or other File Number) 54-2161150 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 RENAISSANCE MORTGAGE ACCEPTANCE CORPORATION, Home Equity Loan Asset-Backed Certs., Series 2004-2 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 Asset-Backed Certs., Series 2004-2 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. RENAISSANCE MORTGAGE ACCEPTANCE CORPORATION Home Equity Loan Asset-Backed Certs., Series 2004-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 11/30/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Home Equity Loan Asset-Backed Certs., Series 2004-2 Trust, relating to the November 26, 2004 distribution. EX-99.1
Renaissance Mortgage Acceptance Corp. Home Equity Loan Asset-Backed Certs. Record Date: 10/31/2004 Distribution Date: 11/26/2004 RMAC Series: 2004-2 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 AV1 759950CM8 SEN 2.09250% 31,216,873.95 58,060.59 2,717,983.52 AV2 759950CN6 SEN 2.23250% 53,000,000.00 105,170.48 0.00 AV3 759950CP1 SEN 2.41250% 14,000,000.00 30,020.77 0.00 AF1 759950CQ9 SEN 2.13250% 106,193,414.68 201,285.81 3,569,006.84 AF2 759950CR7 SEN 3.90200% 69,000,000.00 224,354.18 0.00 AF3 759950CS5 SEN 4.46400% 46,000,000.00 171,111.75 0.00 AF4 759950CT3 SEN 5.39200% 38,000,000.00 170,738.43 0.00 AF5 759950CU0 SEN 6.05800% 28,800,000.00 145,384.99 0.00 AF6 759950CV8 SEN 5.39600% 24,000,000.00 107,914.80 0.00 M1 759950CX4 MEZ 5.91400% 15,600,000.00 76,878.29 0.00 M2 759950CY2 MEZ 6.01100% 14,300,000.00 71,627.63 0.00 M3 759950CZ9 MEZ 6.11000% 7,800,000.00 39,713.08 0.00 M4 759950DA3 MEZ 6.30800% 9,100,000.00 47,833.36 0.00 M5 759950DB1 MEZ 6.45500% 6,500,000.00 34,962.90 0.00 M6 759950DC9 MEZ 6.45000% 7,800,000.00 41,922.98 0.00 M7 759950DD7 MEZ 6.45000% 5,200,000.00 27,948.65 0.00 M8 759950DE5 MEZ 6.45000% 5,980,000.00 32,140.95 0.00 M9 759950DF2 MEZ 6.45000% 5,720,000.00 30,743.52 0.00 BIO RMA042BIO MEZ 0.00000% 0.01 1,324,145.80 0.00 P RMA04002P SEN 0.00000% 0.01 133,340.27 0.00 Totals 488,210,288.65 3,075,299.23 6,286,990.36
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses AV1 0.00 28,498,890.43 2,776,044.11 0.00 AV2 0.00 53,000,000.00 105,170.48 0.00 AV3 0.00 14,000,000.00 30,020.77 0.00 AF1 0.00 102,624,407.84 3,770,292.65 0.00 AF2 0.00 69,000,000.00 224,354.18 0.00 AF3 0.00 46,000,000.00 171,111.75 0.00 AF4 0.00 38,000,000.00 170,738.43 0.00 AF5 0.00 28,800,000.00 145,384.99 0.00 AF6 0.00 24,000,000.00 107,914.80 0.00 M1 0.00 15,600,000.00 76,878.29 0.00 M2 0.00 14,300,000.00 71,627.63 0.00 M3 0.00 7,800,000.00 39,713.08 0.00 M4 0.00 9,100,000.00 47,833.36 0.00 M5 0.00 6,500,000.00 34,962.90 0.00 M6 0.00 7,800,000.00 41,922.98 0.00 M7 0.00 5,200,000.00 27,948.65 0.00 M8 0.00 5,980,000.00 32,140.95 0.00 M9 0.00 5,720,000.00 30,743.52 0.00 BIO 0.00 0.01 1,324,145.80 0.00 P 0.00 0.01 133,340.27 0.00 Totals 0.00 481,923,298.29 9,362,289.59 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) AV1 37,000,000.00 31,216,873.95 0.00 2,717,983.52 0.00 0.00 AV2 53,000,000.00 53,000,000.00 0.00 0.00 0.00 0.00 AV3 14,000,000.00 14,000,000.00 0.00 0.00 0.00 0.00 AF1 116,600,000.00 106,193,414.68 0.00 3,569,006.84 0.00 0.00 AF2 69,000,000.00 69,000,000.00 0.00 0.00 0.00 0.00 AF3 46,000,000.00 46,000,000.00 0.00 0.00 0.00 0.00 AF4 38,000,000.00 38,000,000.00 0.00 0.00 0.00 0.00 AF5 28,800,000.00 28,800,000.00 0.00 0.00 0.00 0.00 AF6 24,000,000.00 24,000,000.00 0.00 0.00 0.00 0.00 M1 15,600,000.00 15,600,000.00 0.00 0.00 0.00 0.00 M2 14,300,000.00 14,300,000.00 0.00 0.00 0.00 0.00 M3 7,800,000.00 7,800,000.00 0.00 0.00 0.00 0.00 M4 9,100,000.00 9,100,000.00 0.00 0.00 0.00 0.00 M5 6,500,000.00 6,500,000.00 0.00 0.00 0.00 0.00 M6 7,800,000.00 7,800,000.00 0.00 0.00 0.00 0.00 M7 5,200,000.00 5,200,000.00 0.00 0.00 0.00 0.00 M8 5,980,000.00 5,980,000.00 0.00 0.00 0.00 0.00 M9 5,720,000.00 5,720,000.00 0.00 0.00 0.00 0.00 BIO 0.01 0.01 0.00 0.00 0.00 0.00 P 0.01 0.01 0.00 0.00 0.00 0.00 0.01 0.01 0.00 0.00 0.00 0.00 Totals 504,400,000.03 488,210,288.66 0.00 6,286,990.36 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 AV1 2,717,983.52 28,498,890.43 0.77024028 2,717,983.52 AV2 0.00 53,000,000.00 1.00000000 0.00 AV3 0.00 14,000,000.00 1.00000000 0.00 AF1 3,569,006.84 102,624,407.84 0.88014072 3,569,006.84 AF2 0.00 69,000,000.00 1.00000000 0.00 AF3 0.00 46,000,000.00 1.00000000 0.00 AF4 0.00 38,000,000.00 1.00000000 0.00 AF5 0.00 28,800,000.00 1.00000000 0.00 AF6 0.00 24,000,000.00 1.00000000 0.00 M1 0.00 15,600,000.00 1.00000000 0.00 M2 0.00 14,300,000.00 1.00000000 0.00 M3 0.00 7,800,000.00 1.00000000 0.00 M4 0.00 9,100,000.00 1.00000000 0.00 M5 0.00 6,500,000.00 1.00000000 0.00 M6 0.00 7,800,000.00 1.00000000 0.00 M7 0.00 5,200,000.00 1.00000000 0.00 M8 0.00 5,980,000.00 1.00000000 0.00 M9 0.00 5,720,000.00 1.00000000 0.00 BIO 0.00 0.01 1.00000000 0.00 P 0.00 0.01 1.00000000 0.00 P 0.00 0.01 1.00000000 0.00 Totals 6,286,990.36 481,923,298.30 0.95543874 6,286,990.36
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion AV1 37,000,000.00 843.69929595 0.00000000 73.45901405 0.00000000 AV2 53,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 AV3 14,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 AF1 116,600,000.00 910.74969708 0.00000000 30.60897804 0.00000000 AF2 69,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 AF3 46,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 AF4 38,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 AF5 28,800,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 AF6 24,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M1 15,600,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 14,300,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 7,800,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 9,100,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5 6,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M6 7,800,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M7 5,200,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M8 5,980,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M9 5,720,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 BIO 0.01 0.00000000 0.00000000 0.00000000 0.00000000 P 0.01 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are per $1000 denomination
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution AV1 0.00000000 73.45901405 770.24028189 0.77024028 73.45901405 AV2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 AV3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 AF1 0.00000000 30.60897804 880.14071904 0.88014072 30.60897804 AF2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 AF3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 AF4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 AF5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 AF6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 BIO 0.00000000 0.00000000 0.00000000 1.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 1.00000000 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 AV1 37,000,000.00 2.09250% 31,216,873.95 58,063.39 0.00 0.00 AV2 53,000,000.00 2.23250% 53,000,000.00 105,175.56 0.00 0.00 AV3 14,000,000.00 2.41250% 14,000,000.00 30,022.22 0.00 0.00 AF1 116,600,000.00 2.13250% 106,193,414.68 201,295.52 0.00 0.00 AF2 69,000,000.00 3.90200% 69,000,000.00 224,365.00 0.00 0.00 AF3 46,000,000.00 4.46400% 46,000,000.00 171,120.00 0.00 0.00 AF4 38,000,000.00 5.39200% 38,000,000.00 170,746.67 0.00 0.00 AF5 28,800,000.00 6.05800% 28,800,000.00 145,392.00 0.00 0.00 AF6 24,000,000.00 5.39600% 24,000,000.00 107,920.00 0.00 0.00 M1 15,600,000.00 5.91400% 15,600,000.00 76,882.00 0.00 0.00 M2 14,300,000.00 6.01100% 14,300,000.00 71,631.08 0.00 0.00 M3 7,800,000.00 6.11000% 7,800,000.00 39,715.00 0.00 0.00 M4 9,100,000.00 6.30800% 9,100,000.00 47,835.67 0.00 0.00 M5 6,500,000.00 6.45500% 6,500,000.00 34,964.58 0.00 0.00 M6 7,800,000.00 6.45000% 7,800,000.00 41,925.00 0.00 0.00 M7 5,200,000.00 6.45000% 5,200,000.00 27,950.00 0.00 0.00 M8 5,980,000.00 6.45000% 5,980,000.00 32,142.50 0.00 0.00 M9 5,720,000.00 6.45000% 5,720,000.00 30,745.00 0.00 0.00 BIO 0.01 0.00000% 0.01 0.00 0.00 0.00 P 0.01 0.00000% 0.01 0.00 0.00 0.00 Totals 504,400,000.02 1,617,891.19 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 AV1 2.80 0.00 58,060.59 0.00 28,498,890.43 AV2 5.07 0.00 105,170.48 0.00 53,000,000.00 AV3 1.45 0.00 30,020.77 0.00 14,000,000.00 AF1 9.71 0.00 201,285.81 0.00 102,624,407.84 AF2 10.82 0.00 224,354.18 0.00 69,000,000.00 AF3 8.25 0.00 171,111.75 0.00 46,000,000.00 AF4 8.23 0.00 170,738.43 0.00 38,000,000.00 AF5 7.01 0.00 145,384.99 0.00 28,800,000.00 AF6 5.20 0.00 107,914.80 0.00 24,000,000.00 M1 3.71 0.00 76,878.29 0.00 15,600,000.00 M2 3.45 0.00 71,627.63 0.00 14,300,000.00 M3 1.92 0.00 39,713.08 0.00 7,800,000.00 M4 2.31 0.00 47,833.36 0.00 9,100,000.00 M5 1.69 0.00 34,962.90 0.00 6,500,000.00 M6 2.02 0.00 41,922.98 0.00 7,800,000.00 M7 1.35 0.00 27,948.65 0.00 5,200,000.00 M8 1.55 0.00 32,140.95 0.00 5,980,000.00 M9 1.48 0.00 30,743.52 0.00 5,720,000.00 BIO 0.00 0.00 1,324,145.80 0.00 0.01 P 0.00 0.00 133,340.27 0.00 0.01 Totals 78.02 0.00 3,075,299.23 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 AV1 37,000,000.00 2.09250% 843.69929595 1.56928081 0.00000000 0.00000000 AV2 53,000,000.00 2.23250% 1000.00000000 1.98444453 0.00000000 0.00000000 AV3 14,000,000.00 2.41250% 1000.00000000 2.14444429 0.00000000 0.00000000 AF1 116,600,000.00 2.13250% 910.74969708 1.72637667 0.00000000 0.00000000 AF2 69,000,000.00 3.90200% 1000.00000000 3.25166667 0.00000000 0.00000000 AF3 46,000,000.00 4.46400% 1000.00000000 3.72000000 0.00000000 0.00000000 AF4 38,000,000.00 5.39200% 1000.00000000 4.49333342 0.00000000 0.00000000 AF5 28,800,000.00 6.05800% 1000.00000000 5.04833333 0.00000000 0.00000000 AF6 24,000,000.00 5.39600% 1000.00000000 4.49666667 0.00000000 0.00000000 M1 15,600,000.00 5.91400% 1000.00000000 4.92833333 0.00000000 0.00000000 M2 14,300,000.00 6.01100% 1000.00000000 5.00916643 0.00000000 0.00000000 M3 7,800,000.00 6.11000% 1000.00000000 5.09166667 0.00000000 0.00000000 M4 9,100,000.00 6.30800% 1000.00000000 5.25666703 0.00000000 0.00000000 M5 6,500,000.00 6.45500% 1000.00000000 5.37916615 0.00000000 0.00000000 M6 7,800,000.00 6.45000% 1000.00000000 5.37500000 0.00000000 0.00000000 M7 5,200,000.00 6.45000% 1000.00000000 5.37500000 0.00000000 0.00000000 M8 5,980,000.00 6.45000% 1000.00000000 5.37500000 0.00000000 0.00000000 M9 5,720,000.00 6.45000% 1000.00000000 5.37500000 0.00000000 0.00000000 BIO 0.01 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P 0.01 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes 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 AV1 0.00007568 0.00000000 1.56920514 0.00000000 770.24028189 AV2 0.00009566 0.00000000 1.98434868 0.00000000 1000.00000000 AV3 0.00010357 0.00000000 2.14434071 0.00000000 1000.00000000 AF1 0.00008328 0.00000000 1.72629340 0.00000000 880.14071904 AF2 0.00015681 0.00000000 3.25150986 0.00000000 1000.00000000 AF3 0.00017935 0.00000000 3.71982065 0.00000000 1000.00000000 AF4 0.00021658 0.00000000 4.49311658 0.00000000 1000.00000000 AF5 0.00024340 0.00000000 5.04808993 0.00000000 1000.00000000 AF6 0.00021667 0.00000000 4.49645000 0.00000000 1000.00000000 M1 0.00023782 0.00000000 4.92809551 0.00000000 1000.00000000 M2 0.00024126 0.00000000 5.00892517 0.00000000 1000.00000000 M3 0.00024615 0.00000000 5.09142051 0.00000000 1000.00000000 M4 0.00025385 0.00000000 5.25641319 0.00000000 1000.00000000 M5 0.00026000 0.00000000 5.37890769 0.00000000 1000.00000000 M6 0.00025897 0.00000000 5.37474103 0.00000000 1000.00000000 M7 0.00025962 0.00000000 5.37474038 0.00000000 1000.00000000 M8 0.00025920 0.00000000 5.37474080 0.00000000 1000.00000000 M9 0.00025874 0.00000000 5.37474126 0.00000000 1000.00000000 BIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 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 9,595,224.48 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 9,595,224.48 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 232,934.89 Payment of Interest and Principal 9,362,289.59 Total Withdrawals (Pool Distribution Amount) 9,595,224.48 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 78.90
SERVICING FEES Gross Servicing Fee 209,920.95 FSA Premium 18,185.76 Wells Fargo Bank, NA 4,828.18 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 232,934.89
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 5,000.00 0.00 0.00 5,000.00 Financial Guaranty 0.00 0.00 0.00 0.00
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 2 0 0 2 379,033.00 0.00 0.00 379,033.00 30 Days 73 1 0 0 74 10,609,611.54 274,856.47 0.00 0.00 10,884,468.01 60 Days 6 1 7 0 14 659,507.19 134,602.68 791,555.63 0.00 1,585,665.50 90 Days 0 0 8 0 8 0.00 0.00 786,241.55 0.00 786,241.55 120 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 1 1 0.00 0.00 0.00 83,164.98 83,164.98 Totals 79 4 15 1 99 11,269,118.73 788,492.15 1,577,797.18 83,164.98 13,718,573.04 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 0.062189% 0.000000% 0.000000% 0.062189% 0.076184% 0.000000% 0.000000% 0.076184% 30 Days 2.269900% 0.031095% 0.000000% 0.000000% 2.300995% 2.132485% 0.055245% 0.000000% 0.000000% 2.187730% 60 Days 0.186567% 0.031095% 0.217662% 0.000000% 0.435323% 0.132558% 0.027055% 0.159099% 0.000000% 0.318712% 90 Days 0.000000% 0.000000% 0.248756% 0.000000% 0.248756% 0.000000% 0.000000% 0.158031% 0.000000% 0.158031% 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% 0.031095% 0.031095% 0.000000% 0.000000% 0.000000% 0.016716% 0.016716% Totals 2.456468% 0.124378% 0.466418% 0.031095% 3.078358% 2.265043% 0.158483% 0.317130% 0.016716% 2.757373%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 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 2 0 0 2 379,033.00 0.00 0.00 379,033.00 30 Days 29 1 0 0 30 4,088,661.83 274,856.47 0.00 0.00 4,363,518.30 60 Days 2 0 3 0 5 174,470.69 0.00 305,003.03 0.00 479,473.72 90 Days 0 0 1 0 1 0.00 0.00 47,460.83 0.00 47,460.83 120 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 1 1 0.00 0.00 0.00 83,164.98 83,164.98 Totals 31 3 4 1 39 4,263,132.52 653,889.47 352,463.86 83,164.98 5,352,650.83 0-29 Days 0.320513% 0.000000% 0.000000% 0.320513% 0.396896% 0.000000% 0.000000% 0.396896% 30 Days 4.647436% 0.160256% 0.000000% 0.000000% 4.807692% 4.281350% 0.287810% 0.000000% 0.000000% 4.569160% 60 Days 0.320513% 0.000000% 0.480769% 0.000000% 0.801282% 0.182693% 0.000000% 0.319377% 0.000000% 0.502070% 90 Days 0.000000% 0.000000% 0.160256% 0.000000% 0.160256% 0.000000% 0.000000% 0.049698% 0.000000% 0.049698% 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% 0.160256% 0.160256% 0.000000% 0.000000% 0.000000% 0.087084% 0.087084% Totals 4.967949% 0.480769% 0.641026% 0.160256% 6.250000% 4.464043% 0.684706% 0.369075% 0.087084% 5.604908% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 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 44 0 0 0 44 6,520,949.71 0.00 0.00 0.00 6,520,949.71 60 Days 4 1 4 0 9 485,036.50 134,602.68 486,552.60 0.00 1,106,191.78 90 Days 0 0 7 0 7 0.00 0.00 738,780.72 0.00 738,780.72 120 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 48 1 11 0 60 7,005,986.21 134,602.68 1,225,333.32 0.00 8,365,922.21 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.697531% 0.000000% 0.000000% 0.000000% 1.697531% 1.622030% 0.000000% 0.000000% 0.000000% 1.622030% 60 Days 0.154321% 0.038580% 0.154321% 0.000000% 0.347222% 0.120649% 0.033481% 0.121026% 0.000000% 0.275156% 90 Days 0.000000% 0.000000% 0.270062% 0.000000% 0.270062% 0.000000% 0.000000% 0.183765% 0.000000% 0.183765% 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 1.851852% 0.038580% 0.424383% 0.000000% 2.314815% 1.742679% 0.033481% 0.304791% 0.000000% 2.080951%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00
COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 7.562306% Weighted Average Net Coupon 7.062306% Weighted Average Pass-Through Rate 7.050806% Weighted Average Maturity(Stepdown Calculation ) 323 Beginning Scheduled Collateral Loan Count 3,252 Number Of Loans Paid In Full 36 Ending Scheduled Collateral Loan Count 3,216 Beginning Scheduled Collateral Balance 503,810,288.63 Ending Scheduled Collateral Balance 497,523,298.27 Ending Actual Collateral Balance at 31-Oct-2004 497,523,298.27 Monthly P &I Constant 3,779,280.15 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 604,307.24 Unscheduled Principal 5,682,683.12
Miscellaneous Reporting Delinquency Event NO Cumulative Loss Event NO Overcollateralization Amount 15,599,999.100 Required Overcollateralization Amount 15,600,000.00
Group Level Collateral Statement Group 1 2 Total Collateral Description Mixed ARM Mixed Fixed Fixed & Mixed ARM Weighted Average Coupon Rate 7.939308 7.471012 7.562306 Weighted Average Net Rate 7.439308 6.971012 7.062306 Weighted Average Maturity 354 314 323 Beginning Loan Count 637 2,615 3,252 Loans Paid In Full 13 23 36 Ending Loan Count 624 2,592 3,216 Beginning Scheduled Balance 98,217,343.57 405,592,945.06 503,810,288.63 Ending scheduled Balance 95,499,360.05 402,023,938.22 497,523,298.27 Record Date 10/31/2004 10/31/2004 10/31/2004 Principal And Interest Constant 721,340.34 3,057,939.81 3,779,280.15 Scheduled Principal 71,525.54 532,781.70 604,307.24 Unscheduled Principal 2,646,457.98 3,036,225.14 5,682,683.12 Scheduled Interest 649,814.80 2,525,158.11 3,174,972.91 Servicing Fees 40,923.89 168,997.06 209,920.95 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 941.25 3,886.93 4,828.18 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 607,949.66 2,352,274.12 2,960,223.78 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 7.427808 6.959512 7.050806
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