-----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, RRNimRqXQXwR9Rzsi+Kxe2aW9O9PXxwgTgIbhgGP4jjcz1Lvk88dV9cQUOoXtXlI KO+aDEAXs3HucGArnGnZuw== 0001056404-05-000280.txt : 20050105 0001056404-05-000280.hdr.sgml : 20050105 20050105142116 ACCESSION NUMBER: 0001056404-05-000280 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041227 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050105 DATE AS OF CHANGE: 20050105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN HOME MORTGAGE INVESTMENT TRUST 2004-2 CENTRAL INDEX KEY: 0001296180 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: 333-112273-02 FILM NUMBER: 05511879 BUSINESS ADDRESS: STREET 1: 520 BROADHOLLOW RD CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: 5163967700 8-K 1 ahm04002_dec.txt DECEMBER 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): December 27, 2004 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-112273-02 N/A 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) 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 December 27, 2004 a distribution was made to holders of AMERICAN HOME MORTGAGE INVESTMENT TRUST, Mortgage-Backed Notes, 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 Mortgage-Backed Notes, Series 2004-2 Trust, relating to the December 27, 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. AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Indenture Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 12/30/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2004-2 Trust, relating to the December 27, 2004 distribution. EX-99.1
AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Record Date: 11/30/2004 Distribution Date: 12/27/2004 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes 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 I-A 02660TAV5 SEN 2.53000% 325,076,810.66 708,215.95 15,850,227.95 II-A 02660TAW3 SEN 3.77000% 172,544,743.81 542,078.07 2,497,733.39 III-A 02660TAX1 SEN 4.34000% 120,193,594.69 434,700.17 4,292,249.82 IV-A-1 02660TAY9 SEN 2.44000% 118,286,635.52 240,516.16 9,266,942.60 IV-A-2 02660TAZ6 SEN 3.63500% 52,675,000.00 159,561.35 0.00 IV-A-3 02660TBA0 SEN 4.55000% 97,028,000.00 367,897.83 0.00 IV-A-4 02660TBB8 SEN 4.55000% 54,126,000.00 205,227.75 0.00 IV-A-5 02660TBC6 SEN 4.55000% 61,208,000.00 232,080.33 0.00 IV-A-6 02660TBD4 SEN 4.55000% 105,751,000.00 400,972.54 0.00 V-A 02660TBE2 SEN 5.50000% 86,175,037.04 394,968.92 2,276,192.31 M-1 02660TBF9 MEZ 2.78000% 44,880,000.00 107,437.73 0.00 M-2 02660TBG7 MEZ 3.63000% 13,808,000.00 43,161.51 0.00 M-3 02660TBH5 MEZ 4.68000% 8,285,500.00 33,390.57 0.00 N 02660TBJ1 MEZ 5.50000% 6,920,864.61 31,720.63 1,130,389.30 OT AHM0402OT OT 0.00000% 0.00 0.00 0.00 OC OC 0.00000% 5,523,437.16 0.00 0.00 Totals 1,272,482,623.49 3,901,929.51 35,313,735.37
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 309,226,582.71 16,558,443.90 0.00 II-A 0.00 170,047,010.42 3,039,811.46 0.00 III-A 0.00 115,901,344.87 4,726,949.99 0.00 IV-A-1 0.00 109,019,692.92 9,507,458.76 0.00 IV-A-2 0.00 52,675,000.00 159,561.35 0.00 IV-A-3 0.00 97,028,000.00 367,897.83 0.00 IV-A-4 0.00 54,126,000.00 205,227.75 0.00 IV-A-5 0.00 61,208,000.00 232,080.33 0.00 IV-A-6 0.00 105,751,000.00 400,972.54 0.00 V-A 0.00 83,898,844.73 2,671,161.23 0.00 M-1 0.00 44,880,000.00 107,437.73 0.00 M-2 0.00 13,808,000.00 43,161.51 0.00 M-3 0.00 8,285,500.00 33,390.57 0.00 N 0.00 5,790,475.32 1,162,109.93 0.00 OT 0.00 0.00 0.00 0.00 OC 0.00 5,523,437.16 0.00 0.00 Totals 0.00 1,237,168,888.13 39,215,664.88 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) I-A 391,853,000.00 325,076,810.66 0.00 15,850,227.95 0.00 0.00 II-A 179,968,000.00 172,544,743.81 0.00 2,497,733.39 0.00 0.00 III-A 135,297,000.00 120,193,594.69 0.00 4,292,249.82 0.00 0.00 IV-A-1 139,521,000.00 118,286,635.52 0.00 9,266,942.60 0.00 0.00 IV-A-2 52,675,000.00 52,675,000.00 0.00 0.00 0.00 0.00 IV-A-3 97,028,000.00 97,028,000.00 0.00 0.00 0.00 0.00 IV-A-4 54,126,000.00 54,126,000.00 0.00 0.00 0.00 0.00 IV-A-5 61,208,000.00 61,208,000.00 0.00 0.00 0.00 0.00 IV-A-6 105,751,000.00 105,751,000.00 0.00 0.00 0.00 0.00 V-A 90,935,000.00 86,175,037.04 0.00 2,276,192.31 0.00 0.00 M-1 44,880,000.00 44,880,000.00 0.00 0.00 0.00 0.00 M-2 13,808,000.00 13,808,000.00 0.00 0.00 0.00 0.00 M-3 8,285,500.00 8,285,500.00 0.00 0.00 0.00 0.00 N 14,000,000.00 6,920,864.61 0.00 1,130,389.30 0.00 0.00 OT 0.00 0.00 0.00 0.00 0.00 0.00 OC 5,523,789.25 5,523,437.16 0.00 0.00 0.00 0.00 Totals 1,394,859,289.25 1,272,482,623.49 0.00 35,313,735.37 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 I-A 15,850,227.95 309,226,582.71 0.78913925 15,850,227.95 II-A 2,497,733.39 170,047,010.42 0.94487359 2,497,733.39 III-A 4,292,249.82 115,901,344.87 0.85664386 4,292,249.82 IV-A-1 9,266,942.60 109,019,692.92 0.78138555 9,266,942.60 IV-A-2 0.00 52,675,000.00 1.00000000 0.00 IV-A-3 0.00 97,028,000.00 1.00000000 0.00 IV-A-4 0.00 54,126,000.00 1.00000000 0.00 IV-A-5 0.00 61,208,000.00 1.00000000 0.00 IV-A-6 0.00 105,751,000.00 1.00000000 0.00 V-A 2,276,192.31 83,898,844.73 0.92262434 2,276,192.31 M-1 0.00 44,880,000.00 1.00000000 0.00 M-2 0.00 13,808,000.00 1.00000000 0.00 M-3 0.00 8,285,500.00 1.00000000 0.00 N 1,130,389.30 5,790,475.32 0.41360538 1,130,389.30 OT 0.00 0.00 0.00000000 0.00 OC 0.00 5,523,437.16 0.99993626 0.00 Totals 35,313,735.37 1,237,168,888.13 0.88694888 35,313,735.37
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 391,853,000.00 829.58867397 0.00000000 40.44942351 0.00000000 II-A 179,968,000.00 958.75235492 0.00000000 13.87876395 0.00000000 III-A 135,297,000.00 888.36851290 0.00000000 31.72464888 0.00000000 IV-A-1 139,521,000.00 847.80524452 0.00000000 66.41969739 0.00000000 IV-A-2 52,675,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-3 97,028,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-4 54,126,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-5 61,208,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-6 105,751,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 V-A 90,935,000.00 947.65532567 0.00000000 25.03098158 0.00000000 M-1 44,880,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 13,808,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 8,285,500.00 1000.00000000 0.00000000 0.00000000 0.00000000 N 14,000,000.00 494.34747214 0.00000000 80.74209286 0.00000000 OT 0.00 0.00000000 0.00000000 0.00000000 0.00000000 OC 5,523,789.25 999.93625934 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 I-A 0.00000000 40.44942351 789.13925046 0.78913925 40.44942351 II-A 0.00000000 13.87876395 944.87359097 0.94487359 13.87876395 III-A 0.00000000 31.72464888 856.64386402 0.85664386 31.72464888 IV-A-1 0.00000000 66.41969739 781.38554712 0.78138555 66.41969739 IV-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 V-A 0.00000000 25.03098158 922.62434409 0.92262434 25.03098158 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 N 0.00000000 80.74209286 413.60538000 0.41360538 80.74209286 OT 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00000000 0.00000000 999.93625934 0.99993626 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 I-A 391,853,000.00 2.53000% 325,076,810.66 708,215.95 0.00 0.00 II-A 179,968,000.00 3.77000% 172,544,743.81 542,078.07 0.00 0.00 III-A 135,297,000.00 4.34000% 120,193,594.69 434,700.17 0.00 0.00 IV-A-1 139,521,000.00 2.44000% 118,286,635.52 240,516.16 0.00 0.00 IV-A-2 52,675,000.00 3.63500% 52,675,000.00 159,561.35 0.00 0.00 IV-A-3 97,028,000.00 4.55000% 97,028,000.00 367,897.83 0.00 0.00 IV-A-4 54,126,000.00 4.55000% 54,126,000.00 205,227.75 0.00 0.00 IV-A-5 61,208,000.00 4.55000% 61,208,000.00 232,080.33 0.00 0.00 IV-A-6 105,751,000.00 4.55000% 105,751,000.00 400,972.54 0.00 0.00 V-A 90,935,000.00 5.50000% 86,175,037.04 394,968.92 0.00 0.00 M-1 44,880,000.00 2.78000% 44,880,000.00 107,437.73 0.00 0.00 M-2 13,808,000.00 3.63000% 13,808,000.00 43,161.51 0.00 0.00 M-3 8,285,500.00 4.68000% 8,285,500.00 33,390.57 0.00 0.00 N 14,000,000.00 5.50000% 6,920,864.61 31,720.63 0.00 0.00 OT 0.00 0.00000% 0.00 0.00 0.00 0.00 OC 5,523,789.25 0.00000% 5,523,437.16 0.00 0.00 0.00 Totals 1,394,859,289.25 3,901,929.51 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 I-A 0.00 0.00 708,215.95 0.00 309,226,582.71 II-A 0.00 0.00 542,078.07 0.00 170,047,010.42 III-A 0.00 0.00 434,700.17 0.00 115,901,344.87 IV-A-1 0.00 0.00 240,516.16 0.00 109,019,692.92 IV-A-2 0.00 0.00 159,561.35 0.00 52,675,000.00 IV-A-3 0.00 0.00 367,897.83 0.00 97,028,000.00 IV-A-4 0.00 0.00 205,227.75 0.00 54,126,000.00 IV-A-5 0.00 0.00 232,080.33 0.00 61,208,000.00 IV-A-6 0.00 0.00 400,972.54 0.00 105,751,000.00 V-A 0.00 0.00 394,968.92 0.00 83,898,844.73 M-1 0.00 0.00 107,437.73 0.00 44,880,000.00 M-2 0.00 0.00 43,161.51 0.00 13,808,000.00 M-3 0.00 0.00 33,390.57 0.00 8,285,500.00 N 0.00 0.00 31,720.63 0.00 5,790,475.32 OT 0.00 0.00 0.00 0.00 0.00 OC 0.00 0.00 0.00 0.00 5,523,437.16 Totals 0.00 0.00 3,901,929.51 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 I-A 391,853,000.00 2.53000% 829.58867397 1.80735110 0.00000000 0.00000000 II-A 179,968,000.00 3.77000% 958.75235492 3.01208031 0.00000000 0.00000000 III-A 135,297,000.00 4.34000% 888.36851290 3.21293281 0.00000000 0.00000000 IV-A-1 139,521,000.00 2.44000% 847.80524452 1.72387067 0.00000000 0.00000000 IV-A-2 52,675,000.00 3.63500% 1000.00000000 3.02916659 0.00000000 0.00000000 IV-A-3 97,028,000.00 4.55000% 1000.00000000 3.79166663 0.00000000 0.00000000 IV-A-4 54,126,000.00 4.55000% 1000.00000000 3.79166667 0.00000000 0.00000000 IV-A-5 61,208,000.00 4.55000% 1000.00000000 3.79166661 0.00000000 0.00000000 IV-A-6 105,751,000.00 4.55000% 1000.00000000 3.79166665 0.00000000 0.00000000 V-A 90,935,000.00 5.50000% 947.65532567 4.34342025 0.00000000 0.00000000 M-1 44,880,000.00 2.78000% 1000.00000000 2.39388881 0.00000000 0.00000000 M-2 13,808,000.00 3.63000% 1000.00000000 3.12583357 0.00000000 0.00000000 M-3 8,285,500.00 4.68000% 1000.00000000 4.03000060 0.00000000 0.00000000 N 14,000,000.00 5.50000% 494.34747214 2.26575929 0.00000000 0.00000000 OT 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 OC 5,523,789.25 0.00000% 999.93625934 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 I-A 0.00000000 0.00000000 1.80735110 0.00000000 789.13925046 II-A 0.00000000 0.00000000 3.01208031 0.00000000 944.87359097 III-A 0.00000000 0.00000000 3.21293281 0.00000000 856.64386402 IV-A-1 0.00000000 0.00000000 1.72387067 0.00000000 781.38554712 IV-A-2 0.00000000 0.00000000 3.02916659 0.00000000 1000.00000000 IV-A-3 0.00000000 0.00000000 3.79166663 0.00000000 1000.00000000 IV-A-4 0.00000000 0.00000000 3.79166667 0.00000000 1000.00000000 IV-A-5 0.00000000 0.00000000 3.79166661 0.00000000 1000.00000000 IV-A-6 0.00000000 0.00000000 3.79166665 0.00000000 1000.00000000 V-A 0.00000000 0.00000000 4.34342025 0.00000000 922.62434409 M-1 0.00000000 0.00000000 2.39388881 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 3.12583357 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 4.03000060 0.00000000 1000.00000000 N 0.00000000 0.00000000 2.26575929 0.00000000 413.60538000 OT 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00000000 0.00000000 0.00000000 0.00000000 999.93625934 (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 39,540,763.39 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 49,789.88 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 39,590,553.27 Withdrawals Reimbursement for Servicer Advances 48,863.77 Payment of Service Fee 326,024.62 Payment of Interest and Principal 39,215,664.88 Total Withdrawals (Pool Distribution Amount) 39,590,553.27 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 326,024.62 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 326,024.62
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance N_CLASS_RESERVE_FUND 25,081.15 0.00 29.65 25,110.80 CLASS_A_RESERVE_FUND 1,150,716.00 0.00 287,679.00 1,438,395.00
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 6 0 0 6 1,001,644.08 0.00 0.00 1,001,644.08 30 Days 15 0 0 0 15 3,800,106.42 0.00 0.00 0.00 3,800,106.42 60 Days 3 0 0 0 3 558,080.63 0.00 0.00 0.00 558,080.63 90 Days 2 0 4 0 6 600,948.42 0.00 1,203,397.69 0.00 1,804,346.11 120 Days 4 0 2 0 6 1,294,768.87 0.00 524,504.39 0.00 1,819,273.26 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 1 0 1 0.00 0.00 494,295.72 0.00 494,295.72 Totals 24 6 7 0 37 6,253,904.34 1,001,644.08 2,222,197.80 0.00 9,477,746.22 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 0.129310% 0.000000% 0.000000% 0.129310% 0.081343% 0.000000% 0.000000% 0.081343% 30 Days 0.323276% 0.000000% 0.000000% 0.000000% 0.323276% 0.308606% 0.000000% 0.000000% 0.000000% 0.308606% 60 Days 0.064655% 0.000000% 0.000000% 0.000000% 0.064655% 0.045322% 0.000000% 0.000000% 0.000000% 0.045322% 90 Days 0.043103% 0.000000% 0.086207% 0.000000% 0.129310% 0.048803% 0.000000% 0.097728% 0.000000% 0.146531% 120 Days 0.086207% 0.000000% 0.043103% 0.000000% 0.129310% 0.105148% 0.000000% 0.042595% 0.000000% 0.147743% 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% 0.021552% 0.000000% 0.021552% 0.000000% 0.000000% 0.040142% 0.000000% 0.040142% Totals 0.517241% 0.129310% 0.150862% 0.000000% 0.797414% 0.507878% 0.081343% 0.180464% 0.000000% 0.769686%
Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I 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 1 0 0 1 135,093.15 0.00 0.00 135,093.15 30 Days 2 0 0 0 2 593,954.40 0.00 0.00 0.00 593,954.40 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 2 0 2 0.00 0.00 719,509.71 0.00 719,509.71 120 Days 1 0 0 0 1 108,512.94 0.00 0.00 0.00 108,512.94 150 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 3 1 2 0 6 702,467.34 135,093.15 719,509.71 0.00 1,557,070.20 0-29 Days 0.081967% 0.000000% 0.000000% 0.081967% 0.040821% 0.000000% 0.000000% 0.040821% 30 Days 0.163934% 0.000000% 0.000000% 0.000000% 0.163934% 0.179476% 0.000000% 0.000000% 0.000000% 0.179476% 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% 0.163934% 0.000000% 0.163934% 0.000000% 0.000000% 0.217415% 0.000000% 0.217415% 120 Days 0.081967% 0.000000% 0.000000% 0.000000% 0.081967% 0.032789% 0.000000% 0.000000% 0.000000% 0.032789% 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 0.245902% 0.081967% 0.163934% 0.000000% 0.491803% 0.212265% 0.040821% 0.217415% 0.000000% 0.470501% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group II 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 1 0 0 0 1 642,946.82 0.00 0.00 0.00 642,946.82 150 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 1 0 0 0 1 642,946.82 0.00 0.00 0.00 642,946.82 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.185874% 0.000000% 0.000000% 0.000000% 0.185874% 0.357153% 0.000000% 0.000000% 0.000000% 0.357153% 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 0.185874% 0.000000% 0.000000% 0.000000% 0.185874% 0.357153% 0.000000% 0.000000% 0.000000% 0.357153% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group III 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 1 0 0 1 111,605.67 0.00 0.00 111,605.67 30 Days 3 0 0 0 3 820,506.38 0.00 0.00 0.00 820,506.38 60 Days 1 0 0 0 1 112,219.34 0.00 0.00 0.00 112,219.34 90 Days 1 0 1 0 2 290,179.86 0.00 214,165.52 0.00 504,345.38 120 Days 2 0 1 0 3 543,309.11 0.00 470,362.87 0.00 1,013,671.98 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 1 0 1 0.00 0.00 494,295.72 0.00 494,295.72 Totals 7 1 3 0 11 1,766,214.69 111,605.67 1,178,824.11 0.00 3,056,644.47 0-29 Days 0.173310% 0.000000% 0.000000% 0.173310% 0.090443% 0.000000% 0.000000% 0.090443% 30 Days 0.519931% 0.000000% 0.000000% 0.000000% 0.519931% 0.664925% 0.000000% 0.000000% 0.000000% 0.664925% 60 Days 0.173310% 0.000000% 0.000000% 0.000000% 0.173310% 0.090941% 0.000000% 0.000000% 0.000000% 0.090941% 90 Days 0.173310% 0.000000% 0.173310% 0.000000% 0.346620% 0.235157% 0.000000% 0.173556% 0.000000% 0.408713% 120 Days 0.346620% 0.000000% 0.173310% 0.000000% 0.519931% 0.440289% 0.000000% 0.381174% 0.000000% 0.821463% 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% 0.173310% 0.000000% 0.173310% 0.000000% 0.000000% 0.400569% 0.000000% 0.400569% Totals 1.213172% 0.173310% 0.519931% 0.000000% 1.906412% 1.431312% 0.090443% 0.955300% 0.000000% 2.477055% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group IV 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 2 411,939.32 0.00 0.00 411,939.32 30 Days 8 0 0 0 8 2,171,238.13 0.00 0.00 0.00 2,171,238.13 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 8 2 0 0 10 2,171,238.13 411,939.32 0.00 0.00 2,583,177.45 0-29 Days 0.113058% 0.000000% 0.000000% 0.113058% 0.081077% 0.000000% 0.000000% 0.081077% 30 Days 0.452233% 0.000000% 0.000000% 0.000000% 0.452233% 0.427339% 0.000000% 0.000000% 0.000000% 0.427339% 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 0.452233% 0.113058% 0.000000% 0.000000% 0.565291% 0.427339% 0.081077% 0.000000% 0.000000% 0.508416% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group V 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 2 343,005.94 0.00 0.00 343,005.94 30 Days 2 0 0 0 2 214,407.51 0.00 0.00 0.00 214,407.51 60 Days 2 0 0 0 2 445,861.29 0.00 0.00 0.00 445,861.29 90 Days 1 0 1 0 2 310,768.56 0.00 269,722.46 0.00 580,491.02 120 Days 0 0 1 0 1 0.00 0.00 54,141.52 0.00 54,141.52 150 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 5 2 2 0 9 971,037.36 343,005.94 323,863.98 0.00 1,637,907.28 0-29 Days 0.373134% 0.000000% 0.000000% 0.373134% 0.385668% 0.000000% 0.000000% 0.385668% 30 Days 0.373134% 0.000000% 0.000000% 0.000000% 0.373134% 0.241075% 0.000000% 0.000000% 0.000000% 0.241075% 60 Days 0.373134% 0.000000% 0.000000% 0.000000% 0.373134% 0.501316% 0.000000% 0.000000% 0.000000% 0.501316% 90 Days 0.186567% 0.000000% 0.186567% 0.000000% 0.373134% 0.349421% 0.000000% 0.303270% 0.000000% 0.652690% 120 Days 0.000000% 0.000000% 0.186567% 0.000000% 0.186567% 0.000000% 0.000000% 0.060875% 0.000000% 0.060875% 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 0.932836% 0.373134% 0.373134% 0.000000% 1.679104% 1.091811% 0.385668% 0.364145% 0.000000% 1.841624%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 49,789.88
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.080757% Weighted Average Net Coupon 4.771622% Weighted Average Pass-Through Rate 4.771622% Weighted Average Maturity(Stepdown Calculation ) 352 Beginning Scheduled Collateral Loan Count 4,758 Number Of Loans Paid In Full 118 Ending Scheduled Collateral Loan Count 4,640 Beginning Scheduled Collateral Balance 1,265,561,758.87 Ending Scheduled Collateral Balance 1,231,378,412.80 Ending Actual Collateral Balance at 30-Nov-2004 1,231,378,412.80 Monthly P &I Constant 6,018,146.66 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 659,803.66 Unscheduled Principal 33,523,542.41 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 5,523,437.16 Overcollateralized Amount 5,523,437.16 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 1,163,536.03
Group Level Collateral Statement Group Group I Group II Group III Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.735912 4.305932 5.736235 Weighted Average Net Rate 4.410063 4.013260 5.393560 Weighted Average Maturity 353 352 354 Beginning Loan Count 1,267 544 597 Loans Paid In Full 47 6 20 Ending Loan Count 1,220 538 577 Beginning Scheduled Balance 346,788,990.34 182,517,519.16 127,690,582.68 Ending scheduled Balance 330,938,762.39 180,019,785.77 123,398,332.86 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 1,500,843.01 719,122.01 716,293.09 Scheduled Principal 132,207.85 64,198.58 105,907.15 Unscheduled Principal 15,718,020.10 2,433,534.81 4,186,342.67 Scheduled Interest 1,368,635.16 654,923.43 610,385.94 Servicing Fees 94,167.51 44,514.92 36,463.59 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 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 1,274,467.65 610,408.51 573,922.35 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 4.410063 4.013260 5.393560
Group Level Collateral Statement Group Group IV Group V Total Collateral Description Mixed ARM Mixed Fixed Mixed ARM Weighted Average Coupon Rate 5.128863 6.751777 5.080757 Weighted Average Net Rate 4.822976 6.501777 4.771622 Weighted Average Maturity 353 334 352 Beginning Loan Count 1,802 548 4,758 Loans Paid In Full 33 12 118 Ending Loan Count 1,769 536 4,640 Beginning Scheduled Balance 517,350,275.67 91,214,391.02 1,265,561,758.87 Ending scheduled Balance 508,083,333.07 88,938,198.71 1,231,378,412.80 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 2,466,552.30 615,336.25 6,018,146.66 Scheduled Principal 255,369.89 102,120.19 659,803.66 Unscheduled Principal 9,011,572.71 2,174,072.12 33,523,542.41 Scheduled Interest 2,211,182.41 513,216.06 5,358,343.00 Servicing Fees 131,875.60 19,003.00 326,024.62 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 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 2,079,306.81 494,213.06 5,032,318.38 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 4.822976 6.501777 4.771622
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