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): January 25, 2005
CWA
(Depositor)
(Issuer in respect of Asset Backed Certificates, Series 2004-S1)
(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 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))
Section 8 - Other Events
Item 8.01 Other Events
Section 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: January 25, 2005
CWA
By: /s/ AnnMarie Cassano
------------------------------
Name: AnnMarie Cassano
Assistant Treasurer
The Bank of New York,
as Trustee
EXHIBIT INDEX
Exhibit
99 Monthly Remittance Statement dated January 25, 2005
Payment Date: 01/25/05
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Countrywide Home Loans Servicing, LP
Asset Backed Certificates, Series 2004-S1
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Class Information Current Payment Information
- ----------------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru Principal Interest Total Principal Interest
Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls
- ----------------------------------------------------------------------------------------------------------------------------------
Senior A1 203,183,000.00 2.640000% 5,937,179.22 402,302.34 6,339,481.56 0.00 0.00
A2 96,843,000.00 3.872000% 0.00 312,480.08 312,480.08 0.00 0.00
A3 73,474,000.00 4.615000% 0.00 282,568.76 282,568.76 0.00 0.00
AIO 415,000,000.00 3.027004% 0.00 1,046,838.83 1,046,838.83 0.00 0.00
P 100.00 0.000000% 0.00 0.00 0.00 0.00 0.00
Residual AR 100.00 0.000000% 100.00 2.68 102.68 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate M1 23,863,000.00 4.752000% 0.00 94,497.48 94,497.48 0.00 0.00
M2 13,488,000.00 5.084000% 0.00 57,144.16 57,144.16 0.00 0.00
M3 4,149,000.00 5.280000% 0.00 18,255.60 18,255.60 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 415,000,200.00 - 5,937,279.22 2,214,089.93 8,151,369.15 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 197,245,820.78 0.00
A2 96,843,000.00 0.00
A3 73,474,000.00 0.00
AIO 409,062,820.78 0.00
P 100.00 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate M1 23,863,000.00 0.00
M2 13,488,000.00 0.00
M3 4,149,000.00 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 409,062,920.78 -
- --------------------------------------------------------------------------------
Payment Date: 01/25/05
------------------------------------------------------------
Countrywide Home Loans Servicing, LP
Asset Backed Certificates, Series 2004-S1
------------------------------------------------------------
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 A1 203,183,000.00 2.640000% 126673TB8 29.220846 1.980000 970.779154
A2 96,843,000.00 3.872000% 126673TC6 0.000000 3.226667 1,000.000000
A3 73,474,000.00 4.615000% 126673TD4 0.000000 3.845833 1,000.000000
AIO 415,000,000.00 3.027004% 126673TE2 0.000000 2.522503 985.693544
P 100.00 0.000000% 126673TJ1 0.000000 0.000000 1,000.000000
Residual AR 100.00 0.000000% 126673TK8 1,000.000000 26.846031 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate M1 23,863,000.00 4.752000% 126673TF9 0.000000 3.960000 1,000.000000
M2 13,488,000.00 5.084000% 126673TG7 0.000000 4.236667 1,000.000000
M3 4,149,000.00 5.280000% 126673TQ5 0.000000 4.400000 1,000.000000
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 415,000,200.00 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
Countrywide Home Loans Servicing, LP
Asset Backed Certificates, Series 2004-S1
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 409,062,820.78 409,062,820.78
Loan count 10164 10164
Avg loan rate 7.814122% 7.81
Prepay amount 5,210,145.99 5,210,145.99
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FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 170,538.92 170,538.92
Sub servicer fees 312,267.39 312,267.39
Trustee fees 3,112.50 3,112.50
Agg advances N/A N/A
Adv this period 0.00 0.00
- --------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
- --------------------------------------------------------------------------------
Total
-----
Realized losses 0.00 0.00
Cumulative losses 0.00 0.00
Coverage Amounts Total
- ---------------- -----
Bankruptcy 0.00 0.00
Fraud 8,300,000.00 8,300,000.00
Special Hazard 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 90.000005% 100.000000% 373,500,200.00
-----------------------------------------------------------------------------
Junior 9.999995% 0.000000% 41,500,000.00
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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
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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
- --------------------------------------------------------------------------------
OTHER INFORMATION
- --------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 8,151,369.15 8,151,369.15
Principal remittance amount 5,937,279.22 5,937,279.22
Interest remittance amount 2,214,089.93 2,214,089.93