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 25, 2004
CWA
(Depositor)
(Issuer in respect of Asset Backed Certificates, Series 2004-BC4)
(Exact name of registrant as specified in charter)
Delaware 33-63714 95-4449516
(State or other (Commission File No.) (I.R.S. Employer
jurisdiction of Identification No.)
organization)
, , N/A 91110-7137
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code: (818)-304-4428
Not Applicable
(Former name, former address and former fiscal year,
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.
[]Written communications pusuant 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))
Section 8 - Other Events
Item 8.01 Other Events
9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
SIGNATURES
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 thereunto duly authorized.
Dated: November 25, 2004
CWA
By: /s/ Courtney Bartholomew
------------------------------
Name: Courtney Bartholomew
Vice President
The Bank of New York,
as Trustee
EXHIBIT INDEX
Exhibit
99 Monthly Remittance Statement dated November 25, 2004
Payment Date: 11/25/04
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Countrywide Home Loans Servicing LP
Asset Backed Certificates, Series 2004-BC4
------------------------------------------------------------
Class Information Current Payment Information
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Beginning Pass Thru Principal Interest Total Principal Interest
Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls
- ----------------------------------------------------------------------------------------------------------------------------------
Senior 1A1 564,755,000.00 2.308750% 10,420,031.06 1,050,346.25 11,470,377.31 0.00 0.00
1A2 56,475,000.00 2.378750% 1,041,993.88 108,218.26 1,150,212.14 0.00 0.00
2A1 73,107,000.00 2.138750% 3,981,644.29 125,954.73 4,107,599.02 0.00 0.00
2A2 113,646,000.00 2.328750% 0.00 213,192.79 213,192.79 0.00 0.00
2A3 31,517,000.00 2.478750% 0.00 62,932.23 62,932.23 0.00 0.00
M1 45,500,000.00 2.658750% 0.00 97,450.57 97,450.57 0.00 0.00
M2 22,500,000.00 2.808750% 0.00 50,908.59 50,908.59 0.00 0.00
M3 11,500,000.00 2.958750% 0.00 27,409.53 27,409.53 0.00 0.00
M4 12,000,000.00 3.258750% 0.00 31,501.25 31,501.25 0.00 0.00
M5 11,500,000.00 3.358750% 0.00 31,115.09 31,115.09 0.00 0.00
M6 10,000,000.00 3.458750% 0.00 27,862.15 27,862.15 0.00 0.00
M7 12,500,000.00 4.458750% 0.00 44,897.14 44,897.14 0.00 0.00
M8 7,500,000.00 4.958750% 0.00 29,959.11 29,959.11 0.00 0.00
B 7,500,000.00 4.958750% 0.00 29,959.11 29,959.11 0.00 0.00
C 1,000,000,000.00 0.000000% 0.00 3,314,720.68 3,314,720.68 0.00 0.00
P 100.00 0.000000% 0.00 263,333.57 263,333.57 0.00 0.00
Residual AR 100.00 0.000000% 100.00 0.00 100.00 0.00 0.00
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- ----------------------------------------------------------------------------------------------------------------------------------
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Totals - - 980,000,200.00 - 15,443,769.23 5,509,761.07 20,953,530.30 - -
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Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior 1A1 554,334,968.94 0.00
1A2 55,433,006.12 0.00
2A1 69,125,355.71 0.00
2A2 113,646,000.00 0.00
2A3 31,517,000.00 0.00
M1 45,500,000.00 0.00
M2 22,500,000.00 0.00
M3 11,500,000.00 0.00
M4 12,000,000.00 0.00
M5 11,500,000.00 0.00
M6 10,000,000.00 0.00
M7 12,500,000.00 0.00
M8 7,500,000.00 0.00
B 7,500,000.00 0.00
C 984,556,330.77 0.00
P 100.00 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 964,556,430.77 -
- --------------------------------------------------------------------------------
Payment Date: 11/25/04
------------------------------------------------------------
Countrywide Home Loans Servicing LP
Asset Backed Certificates, Series 2004-BC4
------------------------------------------------------------
Class Information Current Payment Information
Factors per $1,000
- ------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru CUSIP Principal Interest Ending Cert./
Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal.
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Senior 1A1 564,755,000.00 2.308750% 126673KT8 18.450534 1.859826 981.549466
1A2 56,475,000.00 2.378750% 126673KU5 18.450534 1.916215 981.549466
2A1 73,107,000.00 2.138750% 126673KV3 54.463243 1.722882 945.536757
2A2 113,646,000.00 2.328750% 126673KW1 0.000000 1.875938 1,000.000000
2A3 31,517,000.00 2.478750% 126673KX9 0.000000 1.996771 1,000.000000
M1 45,500,000.00 2.658750% 126673KY7 0.000000 2.141771 1,000.000000
M2 22,500,000.00 2.808750% 126673KZ4 0.000000 2.262604 1,000.000000
M3 11,500,000.00 2.958750% 126673LA8 0.000000 2.383437 1,000.000000
M4 12,000,000.00 3.258750% 126673LB6 0.000000 2.625104 1,000.000000
M5 11,500,000.00 3.358750% 126673LC4 0.000000 2.705660 1,000.000000
M6 10,000,000.00 3.458750% 126673LD2 0.000000 2.786215 1,000.000000
M7 12,500,000.00 4.458750% 126673LE0 0.000000 3.591771 1,000.000000
M8 7,500,000.00 4.958750% 126673LF7 0.000000 3.994549 1,000.000000
B 7,500,000.00 4.958750% 126673LG5 0.000000 3.994549 1,000.000000
C 1,000,000,000.00 0.000000% 126673LH3 0.000000 3.314721 984.556331
P 100.00 0.000000% 126673LJ9 0.000000 2,633,335.700000 1,000.000000
Residual AR 100.00 0.000000% 126673LK6 1,000.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
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Totals - - 980,000,200.00 - - - - -
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Countrywide Home Loans Servicing LP
Asset Backed Certificates, Series 2004-BC4
------------------------------------------------------------
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COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 728,537,921.49 256,018,409.28 984,556,330.77
Loan count 4381 775 5156
Avg loan rate 6.881114% 6.587264% 6.80
Prepay amount 10,838,532.28 3,808,349.80 14,646,882.08
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FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 305,734.34 107,422.60 413,156.94
Sub servicer fees 0.00 0.00 0.00
Trustee fees 5,550.00 1,950.00 7,500.00
Agg advances N/A N/A N/A
Adv this period 0.00 0.00 0.00
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LOSSES & INSURANCE COVERAGES
- --------------------------------------------------------------------------------
Total
-----
Realized losses 0.00 0.00 0.00
Cumulative losses 0.00 0.00 0.00
Coverage Amounts Total
- ---------------- -----
Bankruptcy 0.00 0.00 0.00
Fraud 14,799,998.93 5,200,001.07 20,000,000.00
Special Hazard 0.00 0.00 0.00
Aggregate Certificate Information
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Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 100.000000% 100.000000% 980,000,200.00
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Junior 0.000000% 0.000000% 0.00
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DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 0 0.00
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 0 0.00
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REO INFORMATION
- --------------------------------------------------------------------------------
REO Date Loan Number Ending Stated Balance Book Value
-------- ----------- --------------------- ----------
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
N/A # 0 N/A
Totals: 0 N/A
Current Total Outstanding Balance: 0.00
Current Total Outstanding Number of Loans: 0
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OTHER INFORMATION
- --------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 20,953,530.30 20,953,530.30
Principal remittance amount 15,443,769.23 15,443,769.23
Interest remittance amount 5,509,761.07 5,509,761.07