8-K 1 hbv04001.txt MAY 8-K 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): May 19, 2004 HARBORVIEW MORTGAGE LOAN TRUST Mortgage Loan Pass-Through Certificates, Series 2004-1 Trust (Exact name of registrant as specified in its charter) Delaware (governing law of 333-111379-06 54-2147370 Pooling and Servicing Agreement) (Commission 54-2147371 (State or other File Number) 54-2147372 jurisdiction 54-6601037 of Incorporation) IRS EIN 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) ITEM 5. Other Events On May 19, 2004 a distribution was made to holders of HARBORVIEW MORTGAGE LOAN TRUST, Mortgage Loan Pass-Through Certificates, Series 2004-1 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Pass-Through Certificates, Series 2004-1 Trust, relating to the May 19, 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. HARBORVIEW MORTGAGE LOAN TRUST Mortgage Loan Pass-Through Certificates, Series 2004-1 Trust By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 5/20/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Pass-Through Certificates, Series 2004-1 Trust, relating to the May 19, 2004 distribution. EX-99.1

Harborview Mortgage Loan Trust Mortgage Loan Pass-Through Certificates Record Date: 34/3130/04 Distribution Date: 45/19/04 HBV Series: 2004-1 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 1-A 41161PCX9 SEN 1.~~09000~~40000% ~~198~~194,~~716~~570,~~000~~341.0075 ~~114~~258,~~316~~462.9008 4,~~145~~023,~~658~~327.2503 X 41161PDB6 SEN 32.~~23509~~48161% 0.00 ~~535~~370,~~719~~909.4498 0.00 A-R 41161PDC4 SEN 3.~~92542~~88009% ~~100~~0.00 0.3300 ~~100~~0.00 2-A 41161PCY7 SEN 4.~~94888~~94019% ~~158~~154,~~202~~619,~~000~~650.0086 ~~652~~636,~~435~~542.6310 37,~~582~~615,~~349~~008.1431 3-A 41161PCZ4 SEN 4.~~81885~~81879% 116,~~844~~589,~~000~~320.0002 ~~469~~468,~~211~~182.3588 ~~254~~6,~~679~~349,561.9826 4-A 41161PDA8 SEN 4.~~87004~~86642% 9796,~~485~~887,~~000~~433.0086 ~~395~~392,~~630~~912.2030 ~~597~~2,~~566~~917,752.1456 B-1 41161PDD2 SUB 4.~~55282~~53454% 13,~~548~~545,~~000~~577.0066 51,~~401~~185.3778 2,~~422~~416.3417 B-2 41161PDE0 SUB 4.~~55282~~53454% 6,~~020~~018,~~000~~923.0064 22,~~839~~744.9920 1,~~076~~073.3662 B-3 41161PDF7 SUB 4.~~55282~~53454% 3,~~913~~912,~~000~~300.0037 14,~~846~~783.0073 ~~699~~697.6385 B-4 41161PDG5 SUB 4.~~55282~~53454% 2,~~408~~407,~~000~~569.0046 9,~~136~~097.0068 ~~430~~429.5445 B-5 41161PDH3 SUB 4.~~55282~~53454% 3,~~008~~007,~~000~~462.0018 11,~~412~~364.4154 ~~537~~536.8245 B-6 41161PDJ9 SUB 4.~~55282~~53454% 2,~~121~~120,~~173~~793.0074 8,~~047~~014.7702 ~~379~~378.2629 P HBV04001P SEN 0.00000% 0.00 0.00 0.00 Totals ~~602~~593,~~265~~679,~~273~~373.0054 2,~~284~~244,~~997~~199.3929 820,~~585~~911,~~899~~180.4699

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A 0.00 ~~194~~190,~~570~~547,~~341~~014.7572 4,~~259~~281,~~975~~789.1511 0.00 X 0.00 0.00 ~~535~~370,~~719~~909.4498 0.00 A-R 0.00 0.00 ~~100~~0.3300 0.00 2-A 0.00 ~~154~~147,~~619~~004,~~650~~642.8655 48,~~234~~251,~~784~~550.7741 0.00 3-A 0.00 ~~116~~110,~~589~~239,~~320~~758.0276 ~~723~~6,~~891~~817,744.3314 0.00 4-A 0.00 9693,~~887~~969,~~433~~681.8630 ~~993~~3,~~196~~310,664.3486 0.00 B-1 0.00 13,~~545~~543,~~577~~161.6649 53,~~823~~601.7195 0.00 B-2 0.00 6,~~018~~017,~~923~~850.6403 23,~~916~~817.3582 0.00 B-3 0.00 3,~~912~~911,~~300~~602.3752 15,~~545~~481.6358 0.00 B-4 0.00 2,407,~~569~~140.4601 9,~~566~~527.5413 0.00 B-5 0.00 3,~~007~~006,~~462~~925.1873 11,~~950~~900.2399 0.00 B-6 0.00 2,120,~~793~~415.7445 8,~~427~~392.0331 0.00 P 0.00 0.00 0.00 0.00 Totals 0.00 ~~593~~572,~~679~~768,~~373~~192.5456 1023,~~870~~155,~~896~~380.8528 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1-A 198,716,000.00 ~~198~~194,~~716~~570,~~000~~341.0075 3132,~~887~~342.0317 43,~~113~~990,~~771~~984.2286 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 0.00 A-R 100.00 ~~100~~0.00 0.7700 990.2300 0.00 0.00 2-A 158,202,000.00 ~~158~~154,~~202~~619,~~000~~650.0086 4744,~~498~~814.7417 37,~~534~~570,~~850~~194.4014 0.00 0.00 3-A 116,844,000.00 116,~~844~~589,~~000~~320.0002 13,~~176~~230.3750 ~~241~~6,~~503~~336,330.6176 0.00 0.00 4-A 97,485,000.00 9796,~~485~~887,~~000~~433.0086 9,~~574~~696.5831 ~~587~~2,~~991~~908,056.5625 0.00 0.00 B-1 13,548,000.00 13,~~548~~545,~~000~~577.0066 2,~~422~~416.3417 0.00 0.00 0.00 B-2 6,020,000.00 6,~~020~~018,~~000~~923.0064 1,~~076~~073.3662 0.00 0.00 0.00 B-3 3,913,000.00 3,~~913~~912,~~000~~300.0037 ~~699~~697.6385 0.00 0.00 0.00 B-4 2,408,000.00 2,~~408~~407,~~000~~569.0046 ~~430~~429.5445 0.00 0.00 0.00 B-5 3,008,000.00 3,~~008~~007,~~000~~462.0018 ~~537~~536.8245 0.00 0.00 0.00 B-6 2,121,173.00 2,~~121~~120,~~173~~793.0074 ~~379~~378.2629 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 Totals 602,265,273.00 ~~602~~593,~~265~~679,~~273~~373.0054 ~~107~~105,~~683~~614.4498 820,~~478~~805,~~216~~566.0201 0.00 0.00 (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.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution 1-A 4,~~145~~023,~~658~~327.2503 ~~194~~190,~~570~~547,~~341~~014.7572 0.~~97913777~~95889115 4,~~145~~023,~~658~~327.2503 X 0.00 0.00 0.00000000 0.00 A-R ~~100~~0.00 0.00 0.00000000 ~~100~~0.00 2-A 37,~~582~~615,~~349~~008.1431 ~~154~~147,~~619~~004,~~650~~642.8655 0.~~97735585~~92922114 37,~~582~~615,~~349~~008.1431 3-A ~~254~~6,~~679~~349,561.9826 ~~116~~110,~~589~~239,~~320~~758.0276 0.~~99782034~~94347813 ~~254~~6,~~679~~349,561.9826 4-A ~~597~~2,~~566~~917,752.1456 9693,~~887~~969,~~433~~681.8630 0.~~99387017~~96393990 ~~597~~2,~~566~~917,752.1456 B-1 2,~~422~~416.3417 13,~~545~~543,~~577~~161.6649 0.~~99982120~~99964286 2,~~422~~416.3417 B-2 1,~~076~~073.3662 6,~~018~~017,~~923~~850.6403 0.~~99982120~~99964286 1,~~076~~073.3662 B-3 ~~699~~697.6385 3,~~912~~911,~~300~~602.3752 0.~~99982120~~99964286 ~~699~~697.6385 B-4 ~~430~~429.5445 2,407,~~569~~140.4601 0.~~99982120~~99964286 ~~430~~429.5445 B-5 ~~537~~536.8245 3,~~007~~006,~~462~~925.1873 0.~~99982120~~99964286 ~~537~~536.8245 B-6 ~~379~~378.2629 2,120,~~793~~415.7445 0.~~99982120~~99964286 ~~379~~378.2629 P 0.00 0.00 0.00000000 0.00 Totals 820,~~585~~911,~~899~~180.4699 ~~593~~572,~~679~~768,~~373~~192.5456 0.~~98574399~~95102311 820,~~585~~911,~~899~~180.4699

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A 198,716,000.00 ~~1000~~979.~~00000000~~13777325 0.~~16046534~~16275574 20.~~70176141~~08386270 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-R 100.00 ~~1000~~0.00000000 70.~~70000000~~00000000 ~~992~~0.~~30000000~~00000000 0.00000000 2-A 158,202,000.00 ~~1000~~977.~~00000000~~35585429 0.~~30024108~~28327183 2247.~~34390463~~85144398 0.00000000 3-A 116,844,000.00 ~~1000~~997.~~00000000~~82034182 0.~~11276891~~11323217 254.~~06688927~~22897847 0.00000000 4-A 97,485,000.00 ~~1000~~993.~~00000000~~87017346 0.~~09821593~~09946464 629.~~03161061~~83080730 0.00000000 B-1 13,548,000.00 ~~1000~~999.~~00000000~~82120313 0.~~17879687~~17834145 0.00000000 0.00000000 B-2 6,020,000.00 ~~1000~~999.~~00000000~~82120266 0.~~17879734~~17834219 0.00000000 0.00000000 B-3 3,913,000.00 ~~1000~~999.~~00000000~~82120368 0.~~17879632~~17834143 0.00000000 0.00000000 B-4 2,408,000.00 ~~1000~~999.~~00000000~~82120432 0.~~17879568~~17834302 0.00000000 0.00000000 B-5 3,008,000.00 ~~1000~~999.~~00000000~~82120346 0.~~17879654~~17834109 0.00000000 0.00000000 B-6 2,121,173.00 ~~1000~~999.~~00000000~~82120270 0.~~17879730~~17834000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A 0.00000000 20.~~86222675~~24661844 ~~979~~958.~~13777325~~89115481 0.~~97913777~~95889115 20.~~86222675~~24661844 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-R 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~0.00000000 2-A 0.00000000 2248.~~64414571~~13471581 ~~977~~929.~~35585429~~22113848 0.~~97735585~~92922114 2248.~~64414571~~13471581 3-A 0.00000000 254.~~17965818~~34221064 ~~997~~943.~~82034182~~47813118 0.~~99782034~~94347813 254.~~17965818~~34221064 4-A 0.00000000 629.~~12982654~~93027194 ~~993~~963.~~87017346~~93990152 0.~~99387017~~96393990 629.~~12982654~~93027194 B-1 0.00000000 0.~~17879687~~17834145 999.~~82120313~~64286168 0.~~99982120~~99964286 0.~~17879687~~17834145 B-2 0.00000000 0.~~17879734~~17834219 999.~~82120266~~64286213 0.~~99982120~~99964286 0.~~17879734~~17834219 B-3 0.00000000 0.~~17879632~~17834143 999.~~82120368~~64286225 0.~~99982120~~99964286 0.~~17879632~~17834143 B-4 0.00000000 0.~~17879568~~17834302 999.~~82120432~~64286130 0.~~99982120~~99964286 0.~~17879568~~17834302 B-5 0.00000000 0.~~17879654~~17834109 999.~~82120346~~64286237 0.~~99982120~~99964286 0.~~17879654~~17834109 B-6 0.00000000 0.~~17879730~~17834000 999.~~82120270~~64286270 0.~~99982120~~99964286 0.~~17879730~~17834000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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.

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 1-A 198,716,000.00 1.~~09000~~40000% ~~198~~194,~~716~~570,~~000~~341.0075 ~~114~~226,~~316~~998.9073 0.00 0.00 X 0.00 32.~~23509~~48161% ~~198~~194,~~716~~570,~~000~~341.0075 ~~535~~402,~~719~~373.4463 0.00 0.00 A-R 100.00 3.~~92542~~88009% ~~100~~0.00 0.3300 0.00 0.00 2-A 158,202,000.00 4.~~94888~~94019% ~~158~~154,~~202~~619,~~000~~650.0086 ~~652~~636,~~435~~542.6310 0.00 0.00 3-A 116,844,000.00 4.~~81885~~81879% 116,~~844~~589,~~000~~320.0002 ~~469~~468,~~211~~182.3588 0.00 0.00 4-A 97,485,000.00 4.~~87004~~86642% 9796,~~485~~887,~~000~~433.0086 ~~395~~392,~~630~~912.2030 0.00 0.00 B-1 13,548,000.00 4.~~55282~~53454% 13,~~548~~545,~~000~~577.0066 51,~~401~~185.3778 0.00 0.00 B-2 6,020,000.00 4.~~55282~~53454% 6,~~020~~018,~~000~~923.0064 22,~~839~~744.9920 0.00 0.00 B-3 3,913,000.00 4.~~55282~~53454% 3,~~913~~912,~~000~~300.0037 14,~~846~~783.0073 0.00 0.00 B-4 2,408,000.00 4.~~55282~~53454% 2,~~408~~407,~~000~~569.0046 9,~~136~~097.0068 0.00 0.00 B-5 3,008,000.00 4.~~55282~~53454% 3,~~008~~007,~~000~~462.0018 11,~~412~~364.4154 0.00 0.00 B-6 2,121,173.00 4.~~55282~~53454% 2,~~121~~120,~~173~~793.0074 8,~~047~~014.7702 0.00 0.00 P 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 602,265,273.00 2,~~284~~244,~~997~~199.3959 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 1-A 0.00 0.00 ~~114~~258,~~316~~462.9008 0.00 ~~194~~190,~~570~~547,~~341~~014.7572 X 0.00 0.00 ~~535~~370,~~719~~909.4498 0.00 ~~194~~190,~~570~~547,~~341~~014.7572 A-R 0.00 0.00 0.3300 0.00 0.00 2-A 0.00 0.00 ~~652~~636,~~435~~542.6310 0.00 ~~154~~147,~~619~~004,~~650~~642.8655 3-A 0.00 0.00 ~~469~~468,~~211~~182.3588 0.00 ~~116~~110,~~589~~239,~~320~~758.0276 4-A 0.00 0.00 ~~395~~392,~~630~~912.2030 0.00 9693,~~887~~969,~~433~~681.8630 B-1 0.00 0.00 51,~~401~~185.3778 0.00 13,~~545~~543,~~577~~161.6649 B-2 0.00 0.00 22,~~839~~744.9920 0.00 6,~~018~~017,~~923~~850.6403 B-3 0.00 0.00 14,~~846~~783.0073 0.00 3,~~912~~911,~~300~~602.3752 B-4 0.00 0.00 9,~~136~~097.0068 0.00 2,407,~~569~~140.4601 B-5 0.00 0.00 11,~~412~~364.4154 0.00 3,~~007~~006,~~462~~925.1873 B-6 0.00 0.00 8,~~047~~014.7702 0.00 2,120,~~793~~415.7445 P 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,~~284~~244,~~997~~199.3929 0.00 (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.

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 1-A 198,716,000.00 1.~~09000~~40000% ~~1000~~979.~~00000000~~13777325 01.~~57527778~~14232739 0.00000000 0.00000000 X 0.00 32.~~23509~~48161% ~~1000~~979.~~00000000~~13777325 2.~~69590491~~02486780 0.00000000 0.00000000 A-R 100.00 3.~~92542~~88009% ~~1000~~0.00000000 30.~~30000000~~00000000 0.00000000 0.00000000 2-A 158,202,000.00 4.~~94888~~94019% ~~1000~~977.~~00000000~~35585429 4.~~12406689~~02360337 0.00000000 0.00000000 3-A 116,844,000.00 4.~~81885~~81879% ~~1000~~997.~~00000000~~82034182 4.~~01570770~~00690562 0.00000000 0.00000000 4-A 97,485,000.00 4.~~87004~~86642% ~~1000~~993.~~00000000~~87017346 4.~~05837001~~03048982 0.00000000 0.00000000 B-1 13,548,000.00 4.~~55282~~53454% ~~1000~~999.~~00000000~~82120313 3.~~79401904~~77810599 0.00000000 0.00000000 B-2 6,020,000.00 4.~~55282~~53454% ~~1000~~999.~~00000000~~82120266 3.~~79401827~~77810631 0.00000000 0.00000000 B-3 3,913,000.00 4.~~55282~~53454% ~~1000~~999.~~00000000~~82120368 3.~~79401993~~77810631 0.00000000 0.00000000 B-4 2,408,000.00 4.~~55282~~53454% ~~1000~~999.~~00000000~~82120432 3.~~79401993~~77810631 0.00000000 0.00000000 B-5 3,008,000.00 4.~~55282~~53454% ~~1000~~999.~~00000000~~82120346 3.~~79401928~~77810505 0.00000000 0.00000000 B-6 2,121,173.00 4.~~55282~~53454% ~~1000~~999.~~00000000~~82120270 3.~~79401869~~77810768 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1-A 0.00000000 0.00000000 01.~~57527778~~30066064 0.00000000 ~~979~~958.~~13777325~~89115481 X 0.00000000 0.00000000 21.~~69590491~~86653304 0.00000000 ~~979~~958.~~13777325~~89115481 A-R 0.00000000 0.00000000 30.~~30000000~~00000000 0.00000000 0.00000000 2-A 0.00000000 0.00000000 4.~~12406689~~02360337 0.00000000 ~~977~~929.~~35585429~~22113848 3-A 0.00000000 0.00000000 4.~~01570770~~00690562 0.00000000 ~~997~~943.~~82034182~~47813118 4-A 0.00000000 0.00000000 4.~~05837001~~03048982 0.00000000 ~~993~~963.~~87017346~~93990152 B-1 0.00000000 0.00000000 3.~~79401904~~77810599 0.00000000 999.~~82120313~~64286168 B-2 0.00000000 0.00000000 3.~~79401827~~77810631 0.00000000 999.~~82120266~~64286213 B-3 0.00000000 0.00000000 3.~~79401993~~77810631 0.00000000 999.~~82120368~~64286225 B-4 0.00000000 0.00000000 3.~~79401993~~77810631 0.00000000 999.~~82120432~~64286130 B-5 0.00000000 0.00000000 3.~~79401928~~77810505 0.00000000 999.~~82120346~~64286237 B-6 0.00000000 0.00000000 3.~~79401869~~77810768 0.00000000 999.~~82120270~~64286270 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 1123,~~043~~274,~~875~~409.7697 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 051,234.0077 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 1123,~~043~~325,~~875~~644.7674 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee ~~172~~170,~~978~~264.9146 Payment of Interest and Principal 1023,~~870~~155,~~896~~380.8528 Total Withdrawals (Pool Distribution Amount) 1123,~~043~~325,~~875~~644.7674 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~167~~165,~~960~~317.0214 Master Servicing Fee 54,~~018~~947.8932 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~172~~170,~~978~~264.9146

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Basis Risk Reserve Fund 2,500.00 0.00 0.00 2,500.00

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 032 0 0 0 032 012,267,774.0089 0.00 0.00 0.00 012,267,774.0089 60 Days 01 0 0 0 01 0341,966.0006 0.00 0.00 0.00 0341,966.0006 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 033 0 0 0 033 012,609,740.0095 0.00 0.00 0.00 012,609,740.0095 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 02.~~000000~~422407% 0.000000% 0.000000% 0.000000% 02.~~000000~~422407% 02.~~000000~~141517% 0.000000% 0.000000% 0.000000% 02.~~000000~~141517% 60 Days 0.~~000000~~075700% 0.000000% 0.000000% 0.000000% 0.~~000000~~075700% 0.~~000000~~059695% 0.000000% 0.000000% 0.000000% 0.~~000000~~059695% 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 02.~~000000~~498107% 0.000000% 0.000000% 0.000000% 02.~~000000~~498107% 02.~~000000~~201212% 0.000000% 0.000000% 0.000000% 02.~~000000~~201212%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 023 0 0 0 023 09,062,310.0091 0.00 0.00 0.00 09,062,310.0091 60 Days 01 0 0 0 01 0341,966.0006 0.00 0.00 0.00 0341,966.0006 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 024 0 0 0 024 09,404,276.0097 0.00 0.00 0.00 09,404,276.0097 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 03.~~000000~~715670% 0.000000% 0.000000% 0.000000% 03.~~000000~~715670% 04.~~000000~~500555% 0.000000% 0.000000% 0.000000% 04.~~000000~~500555% 60 Days 0.~~000000~~161551% 0.000000% 0.000000% 0.000000% 0.~~000000~~161551% 0.~~000000~~169828% 0.000000% 0.000000% 0.000000% 0.~~000000~~169828% 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 03.~~000000~~877221% 0.000000% 0.000000% 0.000000% 03.~~000000~~877221% 04.~~000000~~670383% 0.000000% 0.000000% 0.000000% 04.~~000000~~670383% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 06 0 0 0 06 01,846,463.0099 0.00 0.00 0.00 01,846,463.0099 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 06 0 0 0 06 01,846,463.0099 0.00 0.00 0.00 01,846,463.0099 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~000000~~562500% 0.000000% 0.000000% 0.000000% 01.~~000000~~562500% 01.~~000000~~186454% 0.000000% 0.000000% 0.000000% 01.~~000000~~186454% 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 01.~~000000~~562500% 0.000000% 0.000000% 0.000000% 01.~~000000~~562500% 01.~~000000~~186454% 0.000000% 0.000000% 0.000000% 01.~~000000~~186454% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 3 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 02 0 0 0 02 0984,000.00 0.00 0.00 0.00 0984,000.00 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 02 0 0 0 02 0984,000.00 0.00 0.00 0.00 0984,000.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~000000~~063830% 0.000000% 0.000000% 0.000000% 01.~~000000~~063830% 0.~~000000~~843948% 0.000000% 0.000000% 0.000000% 0.~~000000~~843948% 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 01.~~000000~~063830% 0.000000% 0.000000% 0.000000% 01.~~000000~~063830% 0.~~000000~~843948% 0.000000% 0.000000% 0.000000% 0.~~000000~~843948% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 4 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 01 0 0 0 01 0374,999.0099 0.00 0.00 0.00 0374,999.0099 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 01 0 0 0 01 0374,999.0099 0.00 0.00 0.00 0374,999.0099 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~769231% 0.000000% 0.000000% 0.000000% 0.~~000000~~769231% 0.~~000000~~377754% 0.000000% 0.000000% 0.000000% 0.~~000000~~377754% 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 0.~~000000~~769231% 0.000000% 0.000000% 0.000000% 0.~~000000~~769231% 0.~~000000~~377754% 0.000000% 0.000000% 0.000000% 0.~~000000~~377754%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 051,234.0077

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 602,265,173.00 99.99998340% ~~593~~572,~~679~~768,~~373~~192.5456 99.99999990% 94.~~776199~~586449% 0.000000% Class 1A 403,549,173.00 67.00522031% ~~399~~382,~~109~~221,~~031~~177.7984 6766.~~22635974~~73226314% 3233.~~773640~~267737% ~~627~~614.~~390712~~527137% Class X 403,549,173.00 67.00522031% ~~399~~382,~~109~~221,~~031~~177.7984 6766.~~22635974~~73226314% 0.000000% 0.000000% Class 2A 245,347,173.00 40.73739330% ~~244~~235,~~489~~216,~~380~~535.9329 41.~~18205745~~06661964% 2625.~~044302~~665644% ~~498~~474.~~569988~~100013% Class 3A 128,503,173.00 21.33663998% ~~127~~124,~~900~~976,~~060~~776.9153 21.~~54362548~~81978295% 19.~~638432~~246837% ~~375~~355.~~941451~~530752% Class B-1 17,470,173.00 2.90074387% 17,~~467~~463,~~049~~933.3974 23.~~94216881~~04904042% 2.~~281632~~364510% 43.677621% Class B-2 11,450,173.00 1.90118433% 11,~~448~~446,~~125~~083.7571 1.~~92833476~~99837977% 1.~~013834~~050661% 19.407977% Class B-3 7,537,173.00 1.25147063% 7,~~535~~534,~~825~~481.3819 1.~~26934263~~31545035% 0.~~658992~~682929% 12.615185% Class B-4 5,129,173.00 0.85164681% 5,~~128~~127,~~255~~341.9218 0.~~86380901~~89518609% 0.~~405534~~420264% 7.763191% Class B-5 2,121,173.00 0.35219912% 2,120,~~793~~415.7445 0.~~35722881~~37020482% 0.~~506580~~524981% 9.697541% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~357229~~370205% 6.838485% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 154,134.00 0.02559238% 154,134.00 0.~~02596250~~02691036% Fraud 18,067,958.00 2.99999997% 18,067,958.00 3.~~04338651~~15449744% Special Hazard 8,557,200.00 1.42083570% 87,~~557~~300,~~200~~000.00 1.~~44138408~~27451211% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.~~897462~~880339% Weighted Average Net Coupon 4.~~562806~~546185% Weighted Average Pass-Through Rate 4.~~552806~~536185% Weighted Average Maturity(Stepdown Calculation ) ~~346~~345 Beginning Scheduled Collateral Loan Count 1,~~383~~364 Number Of Loans Paid In Full 1943 Ending Scheduled Collateral Loan Count 1,~~364~~321 Beginning Scheduled Collateral Balance ~~602~~593,~~265~~679,~~273~~374.0016 Ending Scheduled Collateral Balance ~~593~~572,~~679~~768,~~374~~193.16 Ending Actual Collateral Balance at 3130-~~Mar~~Apr-2004 ~~593~~572,~~769~~854,~~493~~500.3348 Monthly P &I Constant 2,~~565~~520,~~659~~079.7307 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 1023,~~747~~032,~~667~~658.3781 Ending Scheduled Balance for Premium Loans ~~593~~572,~~679~~768,~~374~~193.16 Scheduled Principal ~~107~~105,~~683~~614.4399 Unscheduled Principal 820,~~478~~805,~~216~~566.0201

Miscellaneous Reporting One-Year CMT loans 6057,~~267~~323,~~700~~430.8981 One-Month LIBOR Loans ~~101~~98,~~740~~457,~~062~~341.3288 One-Year LIBOR Loans ~~236~~227,~~786~~515,~~628~~528.1932 Six-Month LIBOR Loans ~~177~~173,~~428~~624,~~687~~688.9033

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.~~308982~~265148 5.~~323644~~314729 5.~~107538~~107525 Weighted Average Net Rate 3.~~935419~~891613 4.~~958880~~950190 4.~~828849~~828790 Weighted Average Maturity ~~333~~332 ~~355~~354 ~~352~~351 Beginning Loan Count ~~640~~630 ~~411~~403 196 Loans Paid In Full 1011 19 8 0 Ending Loan Count ~~630~~619 ~~403~~384 ~~196~~188 Beginning Scheduled Balance ~~209~~205,~~505~~358,~~577~~087.2461 ~~166~~163,~~792~~207,~~233~~305.7345 ~~123~~122,~~189~~933,~~105~~710.7221 Ending scheduled Balance ~~205~~201,~~358~~332,~~087~~967.6140 ~~163~~155,~~207~~589,~~305~~808.4514 ~~122~~116,~~933~~583,~~710~~428.2199 Record Date 0304/3130/2004 0304/3130/2004 0304/3130/2004 Principal And Interest Constant ~~785~~764,~~915~~037.7050 ~~790~~770,~~029~~138.8866 ~~538~~537,~~219~~189.4366 Scheduled Principal 3334,~~619~~135.1835 5047,~~077~~303.8817 13,~~891~~950.9046 Unscheduled Principal 43,~~113~~990,~~870~~984.4586 37,~~534~~570,~~850~~194.4014 ~~241~~6,~~503~~336,330.6176 Scheduled Interest ~~752~~729,~~296~~902.5215 ~~739~~722,~~952~~835.0049 ~~524~~523,~~327~~239.5320 Servicing Fees 6563,~~219~~923.6059 5049,~~699~~579.7445 28,~~609~~554.5296 Master Servicing Fees 1,~~745~~711.8834 1,~~389~~360.9406 1,~~026~~024.5943 Trustee Fee 0.00 0.00 0.00 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 ~~685~~664,~~331~~267.0422 ~~687~~671,~~862~~895.3298 ~~494~~493,~~691~~659.4281 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 3.~~925419~~881613 4.~~948880~~940190 4.~~818849~~818790

Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~153617~~149572 4.~~897462~~880339 Weighted Average Net Rate 4.~~880044~~876418 4.~~562806~~546185 Weighted Average Maturity ~~352~~351 ~~346~~345 Beginning Loan Count ~~136~~135 1,~~383~~364 Loans Paid In Full 15 1943 Ending Loan Count ~~135~~130 1,~~364~~321 Beginning Scheduled Balance 102,~~778~~180,~~356~~270.9289 ~~602~~593,~~265~~679,~~273~~374.6116 Ending scheduled Balance ~~102~~99,~~180~~261,~~270~~988.8963 ~~593~~572,~~679~~768,~~374~~193.16 Record Date 0304/3130/2004 0304/3130/2004 Principal And Interest Constant ~~451~~448,~~494~~713.7225 2,~~565~~520,~~659~~079.7307 Scheduled Principal 10,~~094~~226.4701 ~~107~~105,~~683~~614.4399 Unscheduled Principal ~~587~~2,~~991~~908,056.5625 820,~~478~~805,~~216~~566.0201 Scheduled Interest ~~441~~438,~~400~~487.2524 2,~~457~~414,~~976~~464.3008 Servicing Fees 23,~~431~~259.1614 ~~167~~165,~~960~~317.0214 Master Servicing Fees ~~856~~851.4849 54,~~018~~947.8932 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest ~~417~~414,~~112~~376.61 2,~~284~~244,~~997~~199.3962 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 4.~~870044~~866418 4.~~552806~~536185

Miscellaneous Reporting Group Group 1 Available Funds 4,~~832~~689,~~820~~387.6443 Senior % 94.8575 Senior Prepayment % 100.00 Subordinate % 5.1525 Subordinate Prepayment % 0.00 Group Group 2 Available Funds 48,~~272~~289,~~790~~393.6230 Senior % 94.8574 Senior Prepayment % 100.00 Subordinate % 5.1526 Subordinate Prepayment % 0.00 Group Group 3 Available Funds ~~750~~6,~~086~~843,941.9500 Senior % 94.8584 Senior Prepayment % 100.00 Subordinate % 5.1516 Subordinate Prepayment % 0.00

Miscellaneous Reporting Group Group 4 Available Funds 13,~~015~~332,~~198~~658.6486 Senior % 94.8582 Senior Prepayment % 100.00 Subordinate % 5.1518 Subordinate Prepayment % 0.00

Filing Compare · GREENWICH CAPITAL ACCEP MORT LOAN PASS-THR CERTS SER 2004-1