Page 1
Countrywide Revolving Home Equity Loan Trust 2004-D
Statement to Certificateholders
September 15 2004
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSSES INTEREST BALANCE
IA 739,500,000.00 715,408,294.46 22,924,396.28 1,102,921.12 24,027,317.40 0.00 0.00 692,483,898.18
IIA 509,674,000.00 477,414,305.13 25,732,580.65 736,013.72 26,468,594.37 0.00 0.00 451,681,724.48
TOTALS 1,249,174,000.00 1,192,822,599.59 48,656,976.93 1,838,934.84 50,495,911.77 0.00 0.00 1,144,165,622.66
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
IA 126673BW1 967.42162875 30.99985974 1.49144168 32.49130142 936.42176901 IA 1.850000 %
IIA 126673BX9 936.70523733 50.48831341 1.44408724 51.93240065 886.21692392 IIA 1.850000 %
TOTALS 954.88907037 38.95132058 1.47212065 40.42344123 915.93774979
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT,
PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW:
Steven Charles
JPMorgan Chase Bank - ITS - Global Debt
JPM, 227 W. Monroe , 26th Floor
Chicago, Illinois 60606
Tel: (312) 267-5023
Fax: (312) 267-5213
Email: steven.charles@chase.com
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 2
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
Investor Floating Allocation Percentage Group 1 100.00000 %
Investor Floating Allocation Percentage Group 2 100.00000 %
Investor Distribution Amount Group 1 24,027,317.40
Investor Distribution Amount Group 2 26,468,594.37
Class IA Interest 1,102,921.12
Class IIA Interest 736,013.72
Class IA Rate 1.850000 %
Class IIA Rate 1.850000 %
Class IA Interest not payable, due to insufficient Investor Interest Collections 0.00
Class IIA Interest not payable, due to insufficient Investor Interest Collections 0.00
Class IA Unpaid Investor Interest Shortfall 0.00
Class IIA Unpaid Investor Interest Shortfall 0.00
Per $1,000 of Original Investor Principal Balance
Interest on the Unpaid Class IA Interest Shortfall 0.00
Interest on the Unpaid Class IIA Interest Shortfall 0.00
Remaining Unpaid Class IA Interest Shortfall 0.00
Remaining Unpaid Class IIA Interest Shortfall 0.00
Per $1,000 of Original Investor Principal Balance
Group 1 Principal Distributed:
Investor Loss Amount Paid as Principal 0.00
Investor Loss Reduction Amounts paid as principal 0.00
Accelerated Principal Distribution Amount 2,221,024.01
Scheduled Principal Collections Payment Amount 20,703,372.27
Guaranteed Principal Distribution Amount 0.00
Total Prinipal Distributed 22,924,396.28
Group 2 Principal Distributed:
Investor Loss Amount Paid as Principal 0.00
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 3
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
Investor Loss Reduction Amounts paid as principal 0.00
Accelerated Principal Distribution Amount 1,449,508.43
Scheduled Principal Collections Payment Amount 24,283,072.22
Guaranteed Principal Distribution Amount 0.00
Total Prinipal Distributed 25,732,580.65
Unreimbursed Class IA Loss Reduction Amounts 0.00
Unreimbursed CLass IIA Loss Reduction Amounts 0.00
Per $1,000 of Original Investor Principal Balance
Basis Risk Carryforward Distributed Group I 0.00
Basis Risk Carryforward Distributed Group II 0.00
Basis Risk Carryforward Remaining Group I 0.00
Basis Risk Carryforward Remaining Group II 0.00
Servicing Fee Group 1 294,166.17
Servicing Fee Group 2 196,215.02
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 4
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
Accrued and Unpaid Servicing Fees from Prior Periods Group I 0.00
Accrued and Unpaid Servicing Fees from Prior Periods Group II 0.00
Class IA Principal Balance (before distributions) 715,408,294.46
Class IA Principal Balance (after distributions) 692,483,898.18
Class IIA Principal Balance (before distributions) 477,414,305.13
Class IIA Principal Balance (after distributions) 451,681,724.48
Class IA Factor 0.9364218 %
Class IIA Factor 0.8862169 %
Asset Balance of Group 1 Mortgage Loans: 685,295,444.34
Asset Balance of Group 2 Mortgage Loans: 446,632,980.31
Credit Enhancement Draw Amount Group I 0.00
Credit Enhancement Draw Amount Group II 0.00
Delinquent Mortgage Loans
Group 1
Principal
Category Number Balance Percentage
1 Month 60 1,510,390.00 0.22 %
2 Month 19 431,050.61 0.06 %
3 Month 7 242,426.25 0.04 %
Total 86 2,183,866.86 0.32 %
Group 2
Principal
Category Number Balance Percentage
1 Month 29 1,183,792.36 0.26 %
2 Month 4 307,882.18 0.07 %
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 5
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
3 Month 4 295,118.99 0.07 %
Total 37 1,786,793.53 0.40 %
Group Totals
Principal
Category Number Balance Percentage
1 Month 89 2,694,182.36 0.24 %
2 Month 23 738,932.79 0.06 %
3 Month 11 537,545.24 0.05 %
Total 123 3,970,660.39 0.35 %
* Delinquent Buckets do not include Foreclores or REO Properties
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 6
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
Bankruptcies
Group 1
Principal
Number Balance Percentage
20 531,072.03 0.08 %
Group 2
Principal
Number Balance Percentage
10 270,138.56 0.06 %
Group Totals
Principal
Number Balance Percentage
30 801,210.59 0.07 %
* Bankruptcy Loans are also reflected in Deliquencies.
Foreclosures
Group 1
Principal
Number Balance Percentage
0 0.00 %
Group 2
Principal
Number Balance Percentage
0 0.00 0.00 %
Group Totals
Principal
Number Balance Percentage
0 0.00 0.00 %
REO Properties
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 7
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
Group 1
Principal
Number Balance Percentage
0 0.00 %
Group 2
Principal
Number Balance Percentage
0 0.00 0.00 %
Group Totals
Principal
Number Balance Percentage
0 0.00 0.00 %
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 8
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
Group 1:
Optional Servicer Advances(Current Collection Period) 0.00
Optional Servicer Advances(Outstanding) 0.00
Mortgage Loans retransferred to the Transferor pursuant to Sect. 2.04 and 2.06
Count 8.00
Principal Balance 247,111.95
Group 2:
Optional Servicer Advances(Current Collection Period) 0.00
Optional Servicer Advances(Outstanding) 0.00
Mortgage Loans retransferred to the Transferor pursuant to Sect. 2.04 and 2.06
Count 5.00
Principal Balance 246,679.77
Subordinated Transferor Collections Group 1 0.00
Subordinated Transferor Collections Group 2 0.00
Group 1:
Overcollateralization Step-Down Amount 0.00
Avaiable Transferor Subordinated Amount 0.00
Required Transferor Subordinated Amount 9,613,500.00
Interest Collections(non-investor) 0.00
Transferor Principal Collections 6,237,219.01
Group 2:
Overcollateralization Step-Down Amount 0.00
Avaiable Transferor Subordinated Amount 0.00
Required Transferor Subordinated Amount 6,625,762.00
Interest Collections(non-investor) 0.00
Transferor Principal Collections 4,337,712.76
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 9
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
Mortgage Loans for which the Mortgage Loan File was not delivered to the
Indenture Trustee within 30 days of the Closing File
Number 0.00
Balance 0.00
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 10
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
I. CASH RECONCILIATION - GROUP 1
Net Interest Collections - per Servicer Report 3,407,409.44
Principal Collections - per Servicer Report 26,940,591.28
Residual Advance 0.00
Cash released from Additional Loan Account 0.00
Insured Payment 0.00
Total Deposit to Collection Account 30,348,000.72
II. DISTRIBUTION SUMMARY - GROUP 1
Premium to Credit Enhancer 83,464.30
Fannie Mae Guarantee Fee 0.00
Investor Certificate Interest and Unpaid Investor Certificate Interest 1,102,921.12
Unreimbursed Credit Enhancement Draw Amounts 0.00
Amounts owed Master Servicer per Sect. 3.08 and 7.03 0.00
Basis Risk Carryforward 0.00
Class A Investor Certificate Principal Distributed 22,924,396.28
Transferor Interest Distributed 0.00
Transferor Principal Distributed 6,237,219.01
Total Distributions 30,348,000.71
III. BALANCE RECONCILIATION - GROUP 1
Loan Group Beginning Balance 705,998,816.61
Loan Group Ending Balance 685,295,444.34
Change in Balance 20,703,372.27
Principal Collections 26,940,591.28
Liquidation Loss Amount 0.00
Additional Balances 6,237,219.01
Balance Check 0.00
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 11
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
I. CASH RECONCILIATION - GROUP 2
Net Interest Collections - per Servicer Report 2,241,220.49
Principal Collections - per Servicer Report 28,620,784.98
Residual Advance 0.00
Cash released from Additional Loan Account 0.00
Insured Payment 0.00
Total Deposit to Collection Account 30,862,005.47
II. DISTRIBUTION SUMMARY - GROUP 2
Premium to Credit Enhancer 55,698.34
Fannie Mae Guarantee Fee 0.00
Investor Certificate Interest and Unpaid Investor Certificate Interest 736,013.72
Unreimbursed Credit Enhancement Draw Amounts 0.00
Amounts owed Master Servicer per Sect. 3.08 and 7.03 0.00
Basis Risk Carryforward 0.00
Class A Investor Certificate Principal Distributed 25,732,580.65
Transferor Interest Distributed 0.00
Transferor Principal Distributed 4,337,712.76
Total Distributions 30,862,005.47
III. BALANCE RECONCILIATION - GROUP 2
Loan Group Beginning Balance 470,916,052.53
Loan Group Ending Balance 446,632,980.31
Change in Balance 24,283,072.22
Principal Collections 28,620,784.98
Liquidation Loss Amount 0.00
Additional Balances 4,337,712.76
Balance Check 0.00
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 12
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
OTHER INFORMATION
Group 1:
Transferor Principal Balance (Beginning) -9,409,477.85
Transferor Principal Balance (Ending) -7,188,453.84
Investor Fixed Allocation Percentage 100.00 %
Group 2:
Transferor Principal Balance (Beginning) -6,498,252.60
Transferor Principal Balance (Ending) -5,048,744.17
Investor Fixed Allocation Percentage 100.00 %
Group 1:
Interest Received 3,701,575.61
Net Liquidation Proceeds (Allocable to Interest) 0.00
Insurance Proceeds (Allocable to Interest) 0.00
Servicer Optional Advance (Allocable to Interest) 0.00
Purchase Price per Sect. 2.02 (a) (Allocable to Interest) 0.00
Purchase Price (90+ Day Delinq) (Allocable to Interest) 0.00
Residual Advance 0.00
Total Interest 3,701,575.61
Investor Interest Collections 3,452,823.03
Group 1:
Begining Balance 705,998,816.61
Principal Collections 26,693,479.33
Net Liquidation Proceeds (Alloc. to Principal) 0.00
Insurance Proceeds (Alloc. to Principal) 0.00
Purchase Price per Sect. 2.02 (a) (Alloc. to Principal) 0.00
Purchase Price (90+ Day Delinq) (Alloc. to Principal) 0.00
Loans Removed from the Trust by the Servicer per Sect. 2.06 247,111.95
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 13
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
Transfer Deposit Amount per Sect. 2.02 (a) 0.00
Total Principal 26,940,591.28
Investor Principal Collections 26,940,591.28
Additional Balances 6,237,219.01
Ending Principal Balance 685,295,444.34
Total Collections 30,348,000.72
Alternative Principal Payment 20,703,372.27
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 14
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
Group 2:
Interest Received 2,437,435.51
Net Liquidation Proceeds (Allocable to Interest) 0.00
Insurance Proceeds (Allocable to Interest) 0.00
Servicer Optional Advance (Allocable to Interest) 0.00
Purchase Price per Sect. 2.02 (a) (Allocable to Interest) 0.00
Purchase Price (90+ Day Delinq) (Allocable to Interest) 0.00
Residual Advance 0.00
Total Interest 2,437,435.51
Investor Interest Collections 2,272,147.48
Group 2:
Begining Balance 470,916,052.53
Principal Collections 28,374,105.21
Net Liquidation Proceeds (Alloc. to Principal) 0.00
Insurance Proceeds (Alloc. to Principal) 0.00
Purchase Price per Sect. 2.02 (a) (Alloc. to Principal) 0.00
Purchase Price (90+ Day Delinq) (Alloc. to Principal) 0.00
Loans Removed from the Trust by the Servicer per Sect. 2.06 246,679.77
Transfer Deposit Amount per Sect. 2.02 (a) 0.00
Total Principal 28,620,784.98
Investor Principal Collections 28,620,784.98
Additional Balances 4,337,712.76
Ending Principal Balance 446,632,980.31
Total Collections 30,862,005.47
Alternative Principal Payment 24,283,072.22
Group 1 Loans Average Daily Balance 706,100,288.33
Group 2 Loans Average Daily Balance 470,376,261.12
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 15
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
Group 1 Weighted Average Loan Rate 6.37034 %
Group 2 Weighted Average Loan Rate 6.27857 %
Group 1 Weighted Average Net Loan Rate 5.73034 %
Group 2 Weighted Average Net Loan Rate 5.63857 %
Group 1 Excess Interest 0.00
Group 2 Excess Interest 0.00
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 16
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
LOAN MODIFICATION SUMMARY - GROUP 1
Loans with Senior Lien Balance Modification(CLTV<80%)-current 267,073.66
Loans with Senior Lien Balance Modification(CLTV<80%)-cumulative 410,940.89
Loans with Senior Lien Balance Modification(CLTV<80%)-% of Initial 0.03 %
Loans with Senior Lien Balance Modification(CLTV>80%) - current 119,983.67
Loans with Senior Lien Balance Modification(CLTV>80%) - cumulative 149,983.67
Loans with Senior Lien Balance Modification(CLTV>80%) - % of Initial 0.01 %
Loans with Credit Limit Modification - current 167,200.00
Loans with Credit Limit Modification - cumulative 603,121.00
Loans with Credit Limit Modification - % of Initial 0.05 %
Loans with Gross Margin Modification - current 159,656.70
Loans with Gross Margin Modification - cumulative 362,881.12
Loans with Gross Margin Modification - % of Initial 0.03 %
LOAN MODIFICATION SUMMARY - GROUP 2
Loans with Senior Lien Balance Modification(CLTV<80%)-current 151,113.84
Loans with Senior Lien Balance Modification(CLTV<80%)-cumulative 224,646.60
Loans with Senior Lien Balance Modification(CLTV<80%)-% of Initial 0.02 %
Loans with Senior Lien Balance Modification(CLTV>80%) - current 127,968.53
Loans with Senior Lien Balance Modification(CLTV>80%) - cumulative 201,501.29
Loans with Senior Lien Balance Modification(CLTV>80%) - % of Initial 0.02 %
Loans with Credit Limit Modification - current 389,000.00
Loans with Credit Limit Modification - cumulative 766,700.00
Loans with Credit Limit Modification - % of Initial 0.06 %
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 17
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
Loans with Gross Margin Modification - current 324,864.97
Loans with Gross Margin Modification - cumulative 476,125.10
Loans with Gross Margin Modification - % of Initial 0.04 %
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 18
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
CREDIT ENHANCER INFORMATION
GROUP 1:
Amount due to Credit Enhancer from Prepayment Shortfall 0.00
FGIC Surety Bond in force? 0.00
Credit Enhancement Draw Amount 0.00
Guaranteed Principal Payment Amount 0.00
Guaranteed Distribution 0.00
Credit Enhancement Premium 83,464.30
Rolling Three Month Delinquency Rate n/a
Required Subordinated Percentage 1.20 %
Balance used for Required Subordinated Amount Initial Balance
Initial Subordinated Amount (7,645,676.97)
Can Required Transferor Subordinated Amount be Reduced? NO
Has a Rapid Amortization Event occurred? NO
Cause of Rapid Amortization Event. NA
Has an Event of Servicing Termination occurred? NO
Cause of Event of Servicing Termination. NA
GROUP 2:
Amount due to Credit Enhancer from Prepayment Shortfall 0.00
FGIC Surety Bond in force? 0.00
Credit Enhancement Draw Amount 0.00
Guaranteed Principal Payment Amount 0.00
Guaranteed Distribution 0.00
Credit Enhancement Premium 55,698.34
Rolling Three Month Delinquency Rate n/a
Required Subordinated Percentage 1.20 %
Balance used for Required Subordinated Amount Initial Balance
Initial Subordinated Amount (11,092,622.37)
Can Required Transferor Subordinated Amount be Reduced? NO
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.
Page 19
Countrywide Revolving Home Equity Loan Trust 2004-D
September 15 2004
Has a Rapid Amortization Event occurred? NO
Cause of Rapid Amortization Event. NA
Has an Event of Servicing Termination occurred? NO
Cause of Event of Servicing Termination. NA
Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved.