-----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, KaoyCh15wrmLemJ2SU51sbh6oc695ZTgHrGcKzVbV+K5+fkYHHmgeLuOllBKK24h gK7ilBkxtmuMN6L78UUSJA== 0001056404-05-000191.txt : 20050104 0001056404-05-000191.hdr.sgml : 20050104 20050104153235 ACCESSION NUMBER: 0001056404-05-000191 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: 20050104 DATE AS OF CHANGE: 20050104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HOMESTAR MORTGAGE ACCEP CORP ASST BACK CERTS SER 2004-3 CENTRAL INDEX KEY: 0001296332 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: 333-116235-01 FILM NUMBER: 05506955 BUSINESS ADDRESS: STREET 1: W. 115 CENTURY ROAD CITY: PARAMUS STATE: NJ ZIP: 07652 BUSINESS PHONE: 201 225 2000 MAIL ADDRESS: STREET 1: W. 115 CENTURY ROAD CITY: PARAMUS STATE: NJ ZIP: 07652 8-K 1 hmac04003_dec.txt DECEMBER 8-K 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 HOMESTAR MORTGAGE ACCEPTANCE CORP. Asset Backed Pass-Through Certificates, Series 2004-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-116235-01 Pooling and Servicing Agreement) (Commission 54-2155138 (State or other File Number) 54-2155139 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 December 27, 2004 a distribution was made to holders of HOMESTAR MORTGAGE ACCEPTANCE CORP., Asset Backed Pass-Through Certificates, Series 2004-3 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2004-3 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. HOMESTAR MORTGAGE ACCEPTANCE CORP. Asset Backed Pass-Through Certificates, Series 2004-3 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: 12/27/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2004-3 Trust, relating to the December 27, 2004 distribution. EX-99.1
Homestar Mortgage Acceptance Corp Asset Backed Pass-Through Certificates Record Date: 11/30/2004 Distribution Date: 12/27/2004 Homestar Mortgage Acceptance Corp Asset Backed Pass-Through Certificates Series 2004-3 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 AV-1 437690AT7 SEN 2.63000% 166,899,110.53 377,980.12 2,323,905.46 AV-2A 437690AU4 SEN 2.35000% 31,814,143.37 64,379.45 2,323,891.99 AV-2B 437690AV2 SEN 2.48000% 51,161,000.00 109,257.16 0.00 AV-2C 437690AW0 SEN 2.76000% 83,923,000.00 199,457.00 0.00 AV-3 437690AX8 SEN 2.70000% 37,089,443.46 86,232.96 516,433.91 M-1 437690AY6 MEZ 2.81000% 13,554,000.00 32,796.92 0.00 M-2 437690AZ3 MEZ 3.48000% 10,218,000.00 30,619.94 0.00 M-3 437690BA7 MEZ 3.78000% 2,502,000.00 8,144.01 0.00 M-4 437690BB5 MEZ 4.33000% 2,503,000.00 9,332.71 0.00 M-5 437690BC3 MEZ 4.68000% 2,711,000.00 10,925.33 0.00 C HMA04003C OC 0.00000% 2,085,276.51 837,080.88 0.00 P HMA04003P Prepay 0.00000% 100.00 26,399.98 0.00 R HMA0403R1 RES 0.00000% 0.00 0.00 0.00 R-X HMA0403RX RES 0.00000% 0.00 0.00 0.00 Totals 404,460,073.87 1,792,606.46 5,164,231.36
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses AV-1 0.00 164,575,205.07 2,701,885.58 0.00 AV-2A 0.00 29,490,251.38 2,388,271.44 0.00 AV-2B 0.00 51,161,000.00 109,257.16 0.00 AV-2C 0.00 83,923,000.00 199,457.00 0.00 AV-3 0.00 36,573,009.55 602,666.87 0.00 M-1 0.00 13,554,000.00 32,796.92 0.00 M-2 0.00 10,218,000.00 30,619.94 0.00 M-3 0.00 2,502,000.00 8,144.01 0.00 M-4 0.00 2,503,000.00 9,332.71 0.00 M-5 0.00 2,711,000.00 10,925.33 0.00 C 0.00 2,085,276.51 837,080.88 0.00 P 0.00 100.00 26,399.98 0.00 R 0.00 0.00 0.00 0.00 R-X 0.00 0.00 0.00 0.00 Totals 0.00 399,295,842.51 6,956,837.82 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) AV-1 172,567,000.00 166,899,110.53 0.00 2,323,905.46 0.00 0.00 AV-2A 37,482,000.00 31,814,143.37 0.00 2,323,891.99 0.00 0.00 AV-2B 51,161,000.00 51,161,000.00 0.00 0.00 0.00 0.00 AV-2C 83,923,000.00 83,923,000.00 0.00 0.00 0.00 0.00 AV-3 38,349,000.00 37,089,443.46 0.00 516,433.91 0.00 0.00 M-1 13,554,000.00 13,554,000.00 0.00 0.00 0.00 0.00 M-2 10,218,000.00 10,218,000.00 0.00 0.00 0.00 0.00 M-3 2,502,000.00 2,502,000.00 0.00 0.00 0.00 0.00 M-4 2,503,000.00 2,503,000.00 0.00 0.00 0.00 0.00 M-5 2,711,000.00 2,711,000.00 0.00 0.00 0.00 0.00 C 2,085,202.36 2,085,276.51 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 R-X 0.00 0.00 0.00 0.00 0.00 0.00 Totals 417,055,302.36 404,460,073.87 0.00 5,164,231.36 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 AV-1 2,323,905.46 164,575,205.07 0.95368874 2,323,905.46 AV-2A 2,323,891.99 29,490,251.38 0.78678436 2,323,891.99 AV-2B 0.00 51,161,000.00 1.00000000 0.00 AV-2C 0.00 83,923,000.00 1.00000000 0.00 AV-3 516,433.91 36,573,009.55 0.95368874 516,433.91 M-1 0.00 13,554,000.00 1.00000000 0.00 M-2 0.00 10,218,000.00 1.00000000 0.00 M-3 0.00 2,502,000.00 1.00000000 0.00 M-4 0.00 2,503,000.00 1.00000000 0.00 M-5 0.00 2,711,000.00 1.00000000 0.00 C 0.00 2,085,276.51 1.00003556 0.00 P 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 R-X 0.00 0.00 0.00000000 0.00 Totals 5,164,231.36 399,295,842.51 0.95741701 5,164,231.36
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion AV-1 172,567,000.00 967.15542676 0.00000000 13.46668517 0.00000000 AV-2A 37,482,000.00 848.78457313 0.00000000 62.00021317 0.00000000 AV-2B 51,161,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 AV-2C 83,923,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 AV-3 38,349,000.00 967.15542674 0.00000000 13.46668518 0.00000000 M-1 13,554,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 10,218,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 2,502,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 2,503,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 2,711,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 2,085,202.36 1000.03556010 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution AV-1 0.00000000 13.46668517 953.68874159 0.95368874 13.46668517 AV-2A 0.00000000 62.00021317 786.78435996 0.78678436 62.00021317 AV-2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 AV-2C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 AV-3 0.00000000 13.46668518 953.68874156 0.95368874 13.46668518 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 M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.03556010 1.00003556 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-X 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 AV-1 172,567,000.00 2.63000% 166,899,110.53 377,980.12 0.00 0.00 AV-2A 37,482,000.00 2.35000% 31,814,143.37 64,379.45 0.00 0.00 AV-2B 51,161,000.00 2.48000% 51,161,000.00 109,257.16 0.00 0.00 AV-2C 83,923,000.00 2.76000% 83,923,000.00 199,457.00 0.00 0.00 AV-3 38,349,000.00 2.70000% 37,089,443.46 86,232.96 0.00 0.00 M-1 13,554,000.00 2.81000% 13,554,000.00 32,796.92 0.00 0.00 M-2 10,218,000.00 3.48000% 10,218,000.00 30,619.94 0.00 0.00 M-3 2,502,000.00 3.78000% 2,502,000.00 8,144.01 0.00 0.00 M-4 2,503,000.00 4.33000% 2,503,000.00 9,332.71 0.00 0.00 M-5 2,711,000.00 4.68000% 2,711,000.00 10,925.33 0.00 0.00 C 2,085,202.36 0.00000% 2,085,276.51 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 R-X 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 417,055,302.36 929,125.60 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 AV-1 0.00 0.00 377,980.12 0.00 164,575,205.07 AV-2A 0.00 0.00 64,379.45 0.00 29,490,251.38 AV-2B 0.00 0.00 109,257.16 0.00 51,161,000.00 AV-2C 0.00 0.00 199,457.00 0.00 83,923,000.00 AV-3 0.00 0.00 86,232.96 0.00 36,573,009.55 M-1 0.00 0.00 32,796.92 0.00 13,554,000.00 M-2 0.00 0.00 30,619.94 0.00 10,218,000.00 M-3 0.00 0.00 8,144.01 0.00 2,502,000.00 M-4 0.00 0.00 9,332.71 0.00 2,503,000.00 M-5 0.00 0.00 10,925.33 0.00 2,711,000.00 C 0.00 0.00 837,080.88 0.00 2,085,276.51 P 0.00 0.00 26,399.98 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 R-X 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 1,792,606.46 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 AV-1 172,567,000.00 2.63000% 967.15542676 2.19033836 0.00000000 0.00000000 AV-2A 37,482,000.00 2.35000% 848.78457313 1.71760979 0.00000000 0.00000000 AV-2B 51,161,000.00 2.48000% 1000.00000000 2.13555560 0.00000000 0.00000000 AV-2C 83,923,000.00 2.76000% 1000.00000000 2.37666671 0.00000000 0.00000000 AV-3 38,349,000.00 2.70000% 967.15542674 2.24863647 0.00000000 0.00000000 M-1 13,554,000.00 2.81000% 1000.00000000 2.41972259 0.00000000 0.00000000 M-2 10,218,000.00 3.48000% 1000.00000000 2.99666667 0.00000000 0.00000000 M-3 2,502,000.00 3.78000% 1000.00000000 3.25500000 0.00000000 0.00000000 M-4 2,503,000.00 4.33000% 1000.00000000 3.72860967 0.00000000 0.00000000 M-5 2,711,000.00 4.68000% 1000.00000000 4.03000000 0.00000000 0.00000000 C 2,085,202.36 0.00000% 1000.03556010 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-X 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All classes are per $1,000 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 AV-1 0.00000000 0.00000000 2.19033836 0.00000000 953.68874159 AV-2A 0.00000000 0.00000000 1.71760979 0.00000000 786.78435996 AV-2B 0.00000000 0.00000000 2.13555560 0.00000000 1000.00000000 AV-2C 0.00000000 0.00000000 2.37666671 0.00000000 1000.00000000 AV-3 0.00000000 0.00000000 2.24863647 0.00000000 953.68874156 M-1 0.00000000 0.00000000 2.41972259 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.99666667 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 3.25500000 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.72860967 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 4.03000000 0.00000000 1000.00000000 C 0.00000000 0.00000000 401.43867859 0.00000000 1000.03556010 P 0.00000000 0.00000000 263999.80000000 0.00000000 1000.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-X 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 7,024,707.61 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 38,199.24 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 26,399.98 Total Deposits 7,089,306.83 Withdrawals Reimbursement for Servicer Advances 34,634.50 Payment of Service Fee 97,834.51 Payment of Interest and Principal 6,956,837.82 Total Withdrawals (Pool Distribution Amount) 7,089,306.83 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 93,621.38 Master Servicing Fee 4,213.13 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 97,834.51
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 8 0 0 0 8 2,245,128.64 0.00 0.00 0.00 2,245,128.64 60 Days 4 0 0 0 4 1,072,339.45 0.00 0.00 0.00 1,072,339.45 90 Days 7 0 1 0 8 2,403,295.85 0.00 186,275.15 0.00 2,589,571.00 120 Days 1 0 0 0 1 404,440.73 0.00 0.00 0.00 404,440.73 150 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 20 0 1 0 21 6,125,204.67 0.00 186,275.15 0.00 6,311,479.82 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 0.508259% 0.000000% 0.000000% 0.000000% 0.508259% 0.562027% 0.000000% 0.000000% 0.000000% 0.562027% 60 Days 0.254130% 0.000000% 0.000000% 0.000000% 0.254130% 0.268441% 0.000000% 0.000000% 0.000000% 0.268441% 90 Days 0.444727% 0.000000% 0.063532% 0.000000% 0.508259% 0.601621% 0.000000% 0.046631% 0.000000% 0.648252% 120 Days 0.063532% 0.000000% 0.000000% 0.000000% 0.063532% 0.101244% 0.000000% 0.000000% 0.000000% 0.101244% 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 1.270648% 0.000000% 0.063532% 0.000000% 1.334180% 1.533333% 0.000000% 0.046631% 0.000000% 1.579964% (7) Delinquencies are stratified according to the information the Servicer has provided. All 90+ delinquencies are reported in the 90 Day.
OTHER INFORMATION
Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 38,199.24 Class M-1 20,019,302.36 4.80015534% 20,019,376.51 5.01367016% 3.394476% 0.000000% Class M-2 9,801,302.36 2.35012055% 9,801,376.51 2.45466530% 2.559005% 0.000000% Class M-3 7,299,302.36 1.75020011% 7,299,376.51 1.82806224% 0.626603% 0.000000% Class M-4 4,796,302.36 1.15003989% 4,796,376.51 1.20120873% 0.626854% 0.000000% Class C 100.00 0.00002398% 100.00 0.00002504% 0.522238% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000025% 0.000000% Class R-I 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 5.522999% Weighted Average Net Coupon 5.245232% Weighted Average Pass-Through Rate 5.232732% Weighted Average Maturity(Stepdown Calculation ) 348 Beginning Scheduled Collateral Loan Count 1,594 Number Of Loans Paid In Full 20 Ending Scheduled Collateral Loan Count 1,574 Beginning Scheduled Collateral Balance 404,460,073.87 Ending Scheduled Collateral Balance 399,295,842.51 Ending Actual Collateral Balance at 30-Nov-2004 399,469,852.82 Monthly P &I Constant 2,063,265.31 Special Servicing Fee 0.00 Prepayment Penalties 26,399.98 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 201,738.24 Unscheduled Principal 4,962,493.12
Other Income 2,513.50
Miscellaneous Reporting General Excess Available Amt 837,080.88 Excess Overcollateralization Amt 0.00 Extra Principal Distribution Amt 0.00 Overcollateralization Amt 2,085,276.51 Overcollateralization Deficit Amt 0.00 Overcollateralization Release Amt 0.00 Specified Overcollateralization Amt 2,085,276.51 Overcollateralization Increase Amt 0.00 Stepdown Date NO Trigger Event NO
Group Level Collateral Statement Group Group 1 Group 2 Total Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.033478 5.279903 5.522999 Weighted Average Net Rate 5.759302 5.000426 5.245232 Weighted Average Maturity 337 353 348 Beginning Loan Count 525 1,069 1,594 Loans Paid In Full 4 16 20 Ending Loan Count 521 1,053 1,574 Beginning Scheduled Balance 130,474,614.71 273,985,459.16 404,460,073.87 Ending scheduled Balance 129,409,961.79 269,885,880.72 399,295,842.51 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 792,513.12 1,270,752.19 2,063,265.31 Scheduled Principal 136,499.99 65,238.25 201,738.24 Unscheduled Principal 928,152.93 4,034,340.19 4,962,493.12 Scheduled Interest 656,013.13 1,141,703.23 1,797,716.36 Servicing Fees 29,810.78 63,810.60 93,621.38 Master Servicing Fees 1,359.11 2,854.02 4,213.13 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 626,202.30 1,138,849.32 1,765,051.62 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 5.746802 4.987924 5.232732
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