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
BANC OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2004-H Trust
(Exact name of registrant as specified in its charter)
New York (governing law of 333-105940-42 54-6636500
Pooling and Servicing Agreement) (Commission 54-6636501
(State or other File Number) IRS EIN
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 November 26, 2004 a distribution was made to holders of BANC OF AMERICA
MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2004-H
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-H 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.
BANC OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 2004-H 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 Mortgage
Pass-Through Certificates, Series 2004-H Trust,
relating to the November 26, 2004 distribution.
EX-99.1
Banc of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates
Record Date: 10/31/2004
Distribution Date: 11/26/2004
BAM Series: 2004-H
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
<s> <c> <c> <c> <c> <c> <c>
1A1 05949AQZ6 SEN 3.51177% 58,053,948.61 169,893.56 4,380,350.95
1A2 05949ARA0 SEN 4.04677% 28,777,342.33 97,046.13 2,171,339.97
1AR 05949ARB8 SEN 3.68238% 0.00 0.00 0.00
1ALR 05949ARC6 SEN 3.68238% 0.00 0.28 0.00
2A1 05949ARD4 SEN 4.53991% 231,988,950.99 877,675.11 8,165,172.74
2A2 05949ARE2 SEN 4.81692% 241,928,710.92 971,125.05 8,515,016.37
B1 05949ARF9 SUB 4.52798% 9,892,673.57 37,328.23 5,170.37
B2 05949ARG7 SUB 4.52798% 3,896,932.20 14,704.37 2,036.72
B3 05949ARH5 SUB 4.52798% 2,097,810.21 7,915.71 1,096.41
B4 05949ARL6 SUB 4.52798% 1,499,434.82 5,657.85 783.67
B5 05949ARM4 SUB 4.52798% 1,198,748.69 4,523.26 626.52
B6 05949ARN2 SUB 4.52798% 1,499,184.08 5,656.90 783.54
1IO 05949ARJ1 SEN 0.86569% 0.00 64,880.07 0.00
2IO 05949ARK8 SEN 0.43959% 0.00 179,830.49 0.00
Totals 580,833,736.42 2,436,237.01 23,242,377.26
Certificateholder Distribution Summary (continued)
Current Ending Cumulative
Realized Certificate Total Realized
Class Loss Balance Distribution Losses
<s> <c> <c> <c> <c>
1A1 0.00 53,673,597.66 4,550,244.51 0.00
1A2 0.00 26,606,002.36 2,268,386.10 0.00
1AR 0.00 0.00 0.00 0.00
1ALR 0.00 0.00 0.28 0.00
2A1 0.00 223,823,778.25 9,042,847.85 0.00
2A2 0.00 233,413,694.55 9,486,141.42 0.00
B1 0.00 9,887,503.20 42,498.60 0.00
B2 0.00 3,894,895.48 16,741.09 0.00
B3 0.00 2,096,713.80 9,012.12 0.00
B4 0.00 1,498,651.15 6,441.52 0.00
B5 0.00 1,198,122.17 5,149.78 0.00
B6 0.00 1,498,400.54 6,440.44 0.00
1IO 0.00 0.00 64,880.07 0.00
2IO 0.00 0.00 179,830.49 0.00
Totals 0.00 557,591,359.16 25,678,614.27 0.00
<FN>
All distributions required by the Pooling and Servicing Agreement have been calculated by the
Certificate Administrator on behalf of the Trustee.
</FN>
Principal Distribution Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal Realized
Class Amount Balance Distribution Distribution Accretion Loss (1)
<s> <c> <c> <c> <c> <c> <c>
1A1 60,000,000.00 58,053,948.61 73,225.09 4,307,125.85 0.00 0.00
1A2 29,742,000.00 28,777,342.33 36,297.68 2,135,042.29 0.00 0.00
1AR 50.00 0.00 0.00 0.00 0.00 0.00
1ALR 50.00 0.00 0.00 0.00 0.00 0.00
2A1 240,000,000.00 231,988,950.99 89,925.86 8,075,246.88 0.00 0.00
2A2 250,283,000.00 241,928,710.92 93,778.80 8,421,237.57 0.00 0.00
B1 9,903,000.00 9,892,673.57 5,170.37 0.00 0.00 0.00
B2 3,901,000.00 3,896,932.20 2,036.72 0.00 0.00 0.00
B3 2,100,000.00 2,097,810.21 1,096.41 0.00 0.00 0.00
B4 1,501,000.00 1,499,434.82 783.67 0.00 0.00 0.00
B5 1,200,000.00 1,198,748.69 626.52 0.00 0.00 0.00
B6 1,500,749.00 1,499,184.08 783.54 0.00 0.00 0.00
1IO 0.00 0.00 0.00 0.00 0.00 0.00
2IO 0.00 0.00 0.00 0.00 0.00 0.00
Totals 600,130,849.00 580,833,736.42 303,724.66 22,938,652.59 0.00 0.00
<FN>
(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.
</FN>
Principal Distribution Statement (continued)
Total Ending Ending Total
Principal Certificate Certificate Principal
Class Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c>
1A1 4,380,350.95 53,673,597.66 0.89455996 4,380,350.95
1A2 2,171,339.97 26,606,002.36 0.89455996 2,171,339.97
1AR 0.00 0.00 0.00000000 0.00
1ALR 0.00 0.00 0.00000000 0.00
2A1 8,165,172.74 223,823,778.25 0.93259908 8,165,172.74
2A2 8,515,016.37 233,413,694.55 0.93259908 8,515,016.37
B1 5,170.37 9,887,503.20 0.99843514 5,170.37
B2 2,036.72 3,894,895.48 0.99843514 2,036.72
B3 1,096.41 2,096,713.80 0.99843514 1,096.41
B4 783.67 1,498,651.15 0.99843514 783.67
B5 626.52 1,198,122.17 0.99843514 626.52
B6 783.54 1,498,400.54 0.99843514 783.54
1IO 0.00 0.00 0.00000000 0.00
2IO 0.00 0.00 0.00000000 0.00
Totals 23,242,377.26 557,591,359.16 0.92911631 23,242,377.26
Principal Distribution Factors Statement
Original Beginning Scheduled Unscheduled
Face Certificate Principal Principal
Class (2) Amount Balance Distribution Distribution Accretion
<s> <c> <c> <c> <c> <c>
1A1 60,000,000.00 967.56581017 1.22041817 71.78543083 0.00000000
1A2 29,742,000.00 967.56581030 1.22041826 71.78543104 0.00000000
1AR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
1ALR 50.00 0.00000000 0.00000000 0.00000000 0.00000000
2A1 240,000,000.00 966.62062912 0.37469108 33.64686200 0.00000000
2A2 250,283,000.00 966.62062913 0.37469105 33.64686203 0.00000000
B1 9,903,000.00 998.95724225 0.52210138 0.00000000 0.00000000
B2 3,901,000.00 998.95724173 0.52210203 0.00000000 0.00000000
B3 2,100,000.00 998.95724286 0.52210000 0.00000000 0.00000000
B4 1,501,000.00 998.95724184 0.52209860 0.00000000 0.00000000
B5 1,200,000.00 998.95724167 0.52210000 0.00000000 0.00000000
B6 1,500,749.00 998.95724068 0.52209930 0.00000000 0.00000000
1IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
2IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(2) All Classes are per $1,000 denomination.
</FN>
Principal Distribution Factors Statement (continued)
Total Ending Ending Total
Realized Principal Certificate Certificate Principal
Class Loss (3) Reduction Balance Percentage Distribution
<s> <c> <c> <c> <c> <c>
1A1 0.00000000 73.00584917 894.55996100 0.89455996 73.00584917
1A2 0.00000000 73.00584930 894.55996100 0.89455996 73.00584930
1AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1ALR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2A1 0.00000000 34.02155308 932.59907604 0.93259908 34.02155308
2A2 0.00000000 34.02155308 932.59907605 0.93259908 34.02155308
B1 0.00000000 0.52210138 998.43514087 0.99843514 0.52210138
B2 0.00000000 0.52210203 998.43513971 0.99843514 0.52210203
B3 0.00000000 0.52210000 998.43514286 0.99843514 0.52210000
B4 0.00000000 0.52209860 998.43514324 0.99843514 0.52209860
B5 0.00000000 0.52210000 998.43514167 0.99843514 0.52210000
B6 0.00000000 0.52209930 998.43514139 0.99843514 0.52209930
1IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
2IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
<FN>
(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.
</FN>
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
<s> <c> <c> <c> <c> <c> <c>
1A1 60,000,000.00 3.51177% 58,053,948.61 169,893.56 0.00 0.00
1A2 29,742,000.00 4.04677% 28,777,342.33 97,046.13 0.00 0.00
1AR 50.00 3.68238% 0.00 0.00 0.00 0.00
1ALR 50.00 3.68238% 0.00 0.00 0.00 0.00
2A1 240,000,000.00 4.53991% 231,988,950.99 877,675.11 0.00 0.00
2A2 250,283,000.00 4.81692% 241,928,710.92 971,125.05 0.00 0.00
B1 9,903,000.00 4.52798% 9,892,673.57 37,328.23 0.00 0.00
B2 3,901,000.00 4.52798% 3,896,932.20 14,704.37 0.00 0.00
B3 2,100,000.00 4.52798% 2,097,810.21 7,915.71 0.00 0.00
B4 1,501,000.00 4.52798% 1,499,434.82 5,657.85 0.00 0.00
B5 1,200,000.00 4.52798% 1,198,748.69 4,523.26 0.00 0.00
B6 1,500,749.00 4.52798% 1,499,184.08 5,656.90 0.00 0.00
1IO 0.00 0.86569% 89,935,087.55 64,880.07 0.00 0.00
2IO 0.00 0.43959% 490,898,649.33 179,830.49 0.00 0.00
Totals 600,130,849.00 2,436,236.73 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
<s> <c> <c> <c> <c> <c>
1A1 0.00 0.00 169,893.56 0.00 53,673,597.66
1A2 0.00 0.00 97,046.13 0.00 26,606,002.36
1AR 0.00 0.00 0.00 0.00 0.00
1ALR 0.00 0.00 0.28 0.00 0.00
2A1 0.00 0.00 877,675.11 0.00 223,823,778.25
2A2 0.00 0.00 971,125.05 0.00 233,413,694.55
B1 0.00 0.00 37,328.23 0.00 9,887,503.20
B2 0.00 0.00 14,704.37 0.00 3,894,895.48
B3 0.00 0.00 7,915.71 0.00 2,096,713.80
B4 0.00 0.00 5,657.85 0.00 1,498,651.15
B5 0.00 0.00 4,523.26 0.00 1,198,122.17
B6 0.00 0.00 5,656.90 0.00 1,498,400.54
1IO 0.00 0.00 64,880.07 0.00 83,379,481.73
2IO 0.00 0.00 179,830.49 0.00 474,211,877.88
Totals 0.00 0.00 2,436,237.01 0.00
<FN>
(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.
</FN>
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
<s> <c> <c> <c> <c> <c> <c>
1A1 60,000,000.00 3.51177% 967.56581017 2.83155933 0.00000000 0.00000000
1A2 29,742,000.00 4.04677% 967.56581030 3.26293222 0.00000000 0.00000000
1AR 50.00 3.68238% 0.00000000 0.00000000 0.00000000 0.00000000
1ALR 50.00 3.68238% 0.00000000 0.00000000 0.00000000 0.00000000
2A1 240,000,000.00 4.53991% 966.62062912 3.65697963 0.00000000 0.00000000
2A2 250,283,000.00 4.81692% 966.62062913 3.88010792 0.00000000 0.00000000
B1 9,903,000.00 4.52798% 998.95724225 3.76938604 0.00000000 0.00000000
B2 3,901,000.00 4.52798% 998.95724173 3.76938477 0.00000000 0.00000000
B3 2,100,000.00 4.52798% 998.95724286 3.76938571 0.00000000 0.00000000
B4 1,501,000.00 4.52798% 998.95724184 3.76938708 0.00000000 0.00000000
B5 1,200,000.00 4.52798% 998.95724167 3.76938333 0.00000000 0.00000000
B6 1,500,749.00 4.52798% 998.95724068 3.76938449 0.00000000 0.00000000
1IO 0.00 0.86569% 1002.15158510 0.72296216 0.00000000 0.00000000
2IO 0.00 0.43959% 1001.25570197 0.36678916 0.00000000 0.00000000
<FN>
(5) All Classes are per $1,000 denomination.
</FN>
Interest Distribution Factors Statement (continued)
Remaining Ending
Non-Supported Total Unpaid Certificate/
Interest Realized Interest Interest Notional
Class Shortfall Losses (6) Distribution Shortfall Balance
<s> <c> <c> <c> <c> <c>
1A1 0.00000000 0.00000000 2.83155933 0.00000000 894.55996100
1A2 0.00000000 0.00000000 3.26293222 0.00000000 894.55996100
1AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000
1ALR 0.00000000 0.00000000 5.60000000 0.00000000 0.00000000
2A1 0.00000000 0.00000000 3.65697963 0.00000000 932.59907604
2A2 0.00000000 0.00000000 3.88010792 0.00000000 932.59907605
B1 0.00000000 0.00000000 3.76938604 0.00000000 998.43514087
B2 0.00000000 0.00000000 3.76938477 0.00000000 998.43513971
B3 0.00000000 0.00000000 3.76938571 0.00000000 998.43514286
B4 0.00000000 0.00000000 3.76938708 0.00000000 998.43514324
B5 0.00000000 0.00000000 3.76938333 0.00000000 998.43514167
B6 0.00000000 0.00000000 3.76938449 0.00000000 998.43514139
1IO 0.00000000 0.00000000 0.72296216 0.00000000 929.10211194
2IO 0.00000000 0.00000000 0.36678916 0.00000000 967.22072330
<FN>
(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.
</FN>
CERTIFICATEHOLDER ACCOUNT STATEMENT
CERTIFICATE ACCOUNT
<s> <c>
Beginning Balance 0.00
Deposits
Payments of Interest and Principal 25,810,683.63
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 25,810,683.63
Withdrawals
Reimbursement for Servicer Advances 0.00
Payment of Service Fee 132,069.36
Payment of Interest and Principal 25,678,614.27
Total Withdrawals (Pool Distribution Amount) 25,810,683.63
Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL
<s> <c>
Total Prepayment/Curtailment Interest Shortfall 0.00
Servicing Fee Support 0.00
Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES
<s> <c>
Gross Servicing Fee 130,375.26
Trustee Fee - Wells Fargo Bank, N.A. 1,694.10
Supported Prepayment/Curtailment Interest Shortfall 0.00
Net Servicing Fee 132,069.36
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT
DELINQUENCY STATUS
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s> <c> <c> <c> <c> <c>
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 5 0 0 0 5
2,041,608.76 0.00 0.00 0.00 2,041,608.76
60 Days 1 0 0 0 1
336,192.00 0.00 0.00 0.00 336,192.00
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 6 0 0 0 6
2,377,800.76 0.00 0.00 0.00 2,377,800.76
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 0.463822% 0.000000% 0.000000% 0.000000% 0.463822%
0.365993% 0.000000% 0.000000% 0.000000% 0.365993%
60 Days 0.092764% 0.000000% 0.000000% 0.000000% 0.092764%
0.060268% 0.000000% 0.000000% 0.000000% 0.060268%
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 0.556586% 0.000000% 0.000000% 0.000000% 0.556586%
0.426261% 0.000000% 0.000000% 0.000000% 0.426261%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
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 0 0 0 0
0.00 0.00 0.00 0.00
30 Days 2 0 0 0 2
870,160.37 0.00 0.00 0.00 870,160.37
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 2 0 0 0 2
870,160.37 0.00 0.00 0.00 870,160.37
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 1.242236% 0.000000% 0.000000% 0.000000% 1.242236%
1.042532% 0.000000% 0.000000% 0.000000% 1.042532%
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 1.242236% 0.000000% 0.000000% 0.000000% 1.242236%
1.042532% 0.000000% 0.000000% 0.000000% 1.042532%
DELINQUENT BANKRUPTCY FORECLOSURE REO Total
<s>
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 3 0 0 0 3
1,171,448.39 0.00 0.00 0.00 1,171,448.39
60 Days 1 0 0 0 1
336,192.00 0.00 0.00 0.00 336,192.00
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 4 0 0 0 4
1,507,640.39 0.00 0.00 0.00 1,507,640.39
0-29 Days 0.000000% 0.000000% 0.000000% 0.000000%
0.000000% 0.000000% 0.000000% 0.000000%
30 Days 0.327154% 0.000000% 0.000000% 0.000000% 0.327154%
0.246953% 0.000000% 0.000000% 0.000000% 0.246953%
60 Days 0.109051% 0.000000% 0.000000% 0.000000% 0.109051%
0.070873% 0.000000% 0.000000% 0.000000% 0.070873%
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 0.436205% 0.000000% 0.000000% 0.000000% 0.436205%
0.317825% 0.000000% 0.000000% 0.000000% 0.317825%
OTHER INFORMATION
<s> <c>
Current Period Class A Insufficient Funds 0.00
Principal Balance of Contaminated Properties 0.00
Periodic Advance 11,513.91
COLLATERAL STATEMENT
Collateral Description Mixed ARM
Weighted Average Gross Coupon 5.306110%
Weighted Average Net Coupon 5.036755%
Weighted Average Pass-Through Rate 5.033255%
Weighted Average Maturity(Stepdown Calculation ) 356
Beginning Scheduled Collateral Loan Count 1,120
Number Of Loans Paid In Full 42
Ending Scheduled Collateral Loan Count 1,078
Beginning Scheduled Collateral Balance 580,833,736.88
Ending Scheduled Collateral Balance 557,591,359.61
Ending Actual Collateral Balance at 31-Oct-2004 557,827,453.83
Monthly P &I Constant 2,872,030.94
Special Servicing Fee 0.00
Prepayment Penalties 0.00
Realized Loss Amount 0.00
Cumulative Realized Loss 0.00
Scheduled Principal 303,724.68
Unscheduled Principal 22,938,652.59
Ancillary Fees $2,045.69
Miscellaneous Reporting
Total senior percentage. 96.542077%
Aggregate subordinate percentage 3.457923%
Group Level Collateral Statement
Group 1 2 Total
Collateral Description 3 Year LIBOR Arm 5 Year LIBOR Arm Mixed ARM
Weighted Average Coupon Rate 4.933272 5.374415 5.306110
Weighted Average Net Rate 4.558272 5.124415 5.036755
Weighted Average Maturity 357 356 356
Beginning Loan Count 174 946 1,120
Loans Paid In Full 13 29 42
Ending Loan Count 161 917 1,078
Beginning Scheduled Balance 89,935,087.55 490,898,649.33 580,833,736.88
Ending scheduled Balance 83,379,481.73 474,211,877.88 557,591,359.61
Record Date 10/31/2004 10/31/2004 10/31/2004
Principal And Interest Constant 483,166.25 2,388,864.69 2,872,030.94
Scheduled Principal 113,437.68 190,287.00 303,724.68
Unscheduled Principal 6,442,168.14 16,496,484.45 22,938,652.59
Scheduled Interest 369,728.57 2,198,577.69 2,568,306.26
Servicing Fees 28,104.71 102,270.55 130,375.26
Master Servicing Fees 0.00 0.00 0.00
Trustee Fee 262.31 1,431.79 1,694.10
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 341,361.55 2,094,875.35 2,436,236.90
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 4.554772 5.120915 5.033255
Miscellaneous Reporting
Group 1
CPR 59.060931%
Subordinate percentage 3.451152%
Subordinate prepayment percentage 0.000000%
Senior percentage 96.548848%
Senior prepayment percentage 100.000000%
Group 2
CPR 33.658143%
Subordinate percentage 3.459164%
Subordinate prepayment percentage 0.000000%
Senior percentage 96.540836%
Senior prepayment percentage 100.000000%