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                                  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) October 28, 2004

CWABS, Inc. (as company under a Pooling and Servicing Agreement, dated as of
October 1, 2004, providing for, inter alia, the issuance of Asset-Backed
Certificates, Series 2004-BC4)

                                   CWABS, Inc.
             (Exact name of registrant as specified in its charter)

          DELAWARE                 333-118926                  95-4596514
(State or Other Jurisdiction       (Commission              (I.R.S. Employer
     of Incorporation)             File Number)             Identification No.)

     4500 Park Granada
   Calabasas, California                                           91302
   (Address of Principal                                         (Zip Code)
     Executive Offices)

Registrant's telephone number, including area code, is (818) 225-3237

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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(b) under the Exchange Act (17
CFR 240.14a-12(b))

|_| 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))


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Item 8.01. Other Events.

Description of the Mortgage Pool(1)

      CWABS, Inc. (the "Company") entered into a Pooling and Servicing
Agreement, dated as of October 1, 2004 (the "Pooling and Servicing Agreement"),
by and among the Company, as depositor, Countrywide Home Loans, Inc., as seller,
Countrywide Home Loans Servicing LP, as master servicer and The Bank of New
York, as trustee, providing for the issuance of the Company's Asset-Backed
Certificates, Series 2004-BC4.

Item 9.01. Financial Statements and Exhibits.

            (a) Not applicable.

            (b) Not applicable.

            (c) Exhibits:

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(1)   Capitalized terms used and not otherwise defined herein shall have the
      meanings assigned to them in the Prospectus dated June 24, 2004 and the
      Prospectus Supplement dated October 25, 2004 of CWABS, Inc., relating to
      its Asset-Backed Certificates, Series 2004-BC4.


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Exhibit No.       Description

99.1              Characteristics of the Final Mortgage Loans in the Mortgage
                  Pool as of the Cut-off Date, relating to the Company's
                  Asset-Backed Certificates, Series 2004-BC4.



                                   SIGNATURES

            Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on behalf of the
Registrant by the undersigned thereunto duly authorized.

                                              CWABS, INC.


                                              By:    /s/  Ruben Avilez
                                                 ------------------------------
                                              Name:  Ruben Avilez
                                              Title: Vice President

Dated: November 12, 2004


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