8-K 1 bst00002_jul.txt JULY 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): July 26, 2004 BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2000-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-51279-08 52-2267476 Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) 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) ITEM 5. Other Events On July 26, 2004 a distribution was made to holders of BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2000-2 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 Pass-Through Certificates, Series 2000-2 Trust, relating to the July 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. BEAR STEARNS ARM TRUST Mortgage Pass-Through Certificates, Series 2000-2 Trust By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 8/3/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2000-2 Trust, relating to the July 26, 2004 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 26/2930/2004 Distribution Date: 37/2526/2004 BST Series: 2000-2 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 A1 07384MAA0 SEN 3.~~87596~~85478% 6352,~~810~~375,~~903~~391.1646 ~~206~~168,~~106~~246.8420 12,~~915~~130,~~627~~238.0708 A2 07384MAB8 SEN 3.~~87596~~85478% 1,~~511~~240,~~265~~432.9795 43,~~881~~984.3366 4550,~~368~~451.7751 XP 07384MAG7 SEN 3.~~87596~~85478% 100.00 0.32 0.00 R 07384MAC6 SEN 7.~~55245~~55372% 0.00 0.00 0.00 B1 07384MAD4 SUB 3.~~87596~~85478% 1,~~339~~099,~~829~~719.6360 43,~~327~~532.6064 4044,~~222~~728.1834 B2 07384MAE2 SUB 3.~~87596~~85478% ~~714~~586,~~575~~517.8012 21,~~308~~884.0508 2123,~~451~~855.8312 B3 07384MAF9 SUB 3.~~87596~~85478% ~~714~~586,~~575~~517.8012 21,~~308~~884.0508 2123,~~451~~855.8312 B4 07384MAH5 SUB 3.~~87596~~85478% ~~893~~733,~~219~~146.7540 2,~~885~~355.0710 2629,~~814~~818.7990 B5 07384MAJ1 SUB 3.~~87596~~85478% ~~535~~439,~~931~~887.8584 1,~~731~~413.0406 1617,~~088~~891.8734 B6 07384MAK8 SUB 3.~~87596~~85478% ~~714~~586,~~657~~584.5522 21,~~308~~884.3229 2123,~~454~~857.2985 Totals 7057,~~235~~648,~~059~~296.5171 ~~226~~185,~~856~~184.6243 2,~~108~~344,~~479~~696.6326

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 6150,~~895~~245,~~276~~153.1038 2,~~121~~298,~~733~~484.9128 0.00 A2 0.00 1,~~465~~189,~~897~~981.2044 5054,~~250~~436.1017 0.00 XP 0.00 100.00 0.32 0.00 R 0.00 0.00 0.00 0.00 B1 0.00 1,~~299~~054,~~607~~991.4426 4448,~~549~~260.7898 0.00 B2 0.00 ~~693~~562,~~123~~662.9700 2325,~~759~~739.8820 0.00 B3 0.00 ~~693~~562,~~123~~662.9700 2325,~~759~~739.8820 0.00 B4 0.00 ~~866~~703,~~404~~327.9651 2932,~~699~~174.8600 0.00 B5 0.00 ~~519~~421,~~842~~996.9850 1719,~~819~~304.9140 0.00 B6 0.00 ~~693~~562,~~203~~726.2637 2325,~~762~~742.6114 0.00 Totals 0.00 6855,~~126~~303,~~579~~600.8846 2,~~335~~529,~~336~~880.2569 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) A1 226,292,500.00 6352,~~810~~375,~~903~~391.1646 6955,~~921~~790.3889 12,~~845~~074,~~705~~447.6919 0.00 0.00 A2 5,359,400.00 1,~~511~~240,~~265~~432.9795 1,~~655~~321.9832 4349,~~712~~130.7818 0.00 0.00 XP 100.00 100.00 0.00 0.00 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 B1 1,786,500.00 1,~~339~~099,~~829~~719.6360 1,~~468~~171.1343 3843,~~754~~556.0591 0.00 0.00 B2 952,800.00 ~~714~~586,~~575~~517.8012 ~~783~~624.0077 2023,~~668~~230.8335 0.00 0.00 B3 952,800.00 ~~714~~586,~~575~~517.8012 ~~783~~624.0077 2023,~~668~~230.8335 0.00 0.00 B4 1,191,000.00 ~~893~~733,~~219~~146.7540 ~~978~~780.7596 2529,~~836~~037.0494 0.00 0.00 B5 714,600.00 ~~535~~439,~~931~~887.8584 ~~587~~468.2557 1517,~~501~~422.6276 0.00 0.00 B6 952,909.00 ~~714~~586,~~657~~584.5522 ~~783~~624.0984 2023,~~671~~233.1901 0.00 0.00 Totals 238,202,709.00 7057,~~235~~648,~~059~~296.5171 7661,~~960~~407.5855 2,~~031~~283,~~519~~288.0369 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 A1 12,~~915~~130,~~627~~238.0708 6150,~~895~~245,~~276~~153.1038 0.~~27351890~~22203632 12,~~915~~130,~~627~~238.0708 A2 4550,~~368~~451.7751 1,~~465~~189,~~897~~981.2044 0.~~27351890~~22203632 4550,~~368~~451.7751 XP 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 B1 4044,~~222~~728.1834 1,~~299~~054,~~607~~991.4426 0.~~72746008~~59053527 4044,~~222~~728.1834 B2 2123,~~451~~855.8312 ~~693~~562,~~123~~662.9700 0.~~72746009~~59053526 2123,~~451~~855.8312 B3 2123,~~451~~855.8312 ~~693~~562,~~123~~662.9700 0.~~72746009~~59053526 2123,~~451~~855.8312 B4 2629,~~814~~818.7990 ~~866~~703,~~404~~327.9651 0.~~72746008~~59053527 2629,~~814~~818.7990 B5 1617,~~088~~891.8734 ~~519~~421,~~842~~996.9850 0.~~72746009~~59053526 1617,~~088~~891.8734 B6 2123,~~454~~857.2985 ~~693~~562,~~203~~726.2637 0.~~72746008~~59053527 2123,~~454~~857.2985 Totals 2,~~108~~344,~~479~~696.6326 6855,~~126~~303,~~579~~600.8846 0.~~28600254~~23217033 2,~~108~~344,~~479~~696.6326

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 226,292,500.00 ~~281~~231.~~98417164~~44996613 0.~~30898673~~24654326 89.~~15628308~~16710536 0.00000000 A2 5,359,400.00 ~~281~~231.~~98417174~~44996641 0.~~30898608~~24654252 89.~~15628242~~16710453 0.00000000 XP 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B1 1,786,500.00 ~~749~~615.~~97460397~~57212427 0.~~82179121~~65571229 2124.~~69272320~~38114190 0.00000000 B2 952,800.00 ~~749~~615.~~97460118~~57212427 0.~~82178841~~65571998 2124.~~69272670~~38113980 0.00000000 B3 952,800.00 ~~749~~615.~~97460118~~57212427 0.~~82178841~~65571998 2124.~~69272670~~38113980 0.00000000 B4 1,191,000.00 ~~749~~615.~~97460118~~57212427 0.~~82178841~~65571788 2124.~~69272880~~38114190 0.00000000 B5 714,600.00 ~~749~~615.~~97460118~~57212427 0.~~82178841~~65570949 2124.~~69272320~~38113630 0.00000000 B6 952,909.00 ~~749~~615.~~97460408~~57212703 0.~~82178886~~65571844 2124.~~69272197~~38114238 0.00000000 All denominations are Per $1000.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A1 0.00000000 89.~~46526982~~41364862 ~~273~~222.~~51890186~~03631751 0.~~27351890~~22203632 89.~~46526982~~41364862 A2 0.00000000 89.~~46527037~~41364892 ~~273~~222.~~51890137~~03631750 0.~~27351890~~22203632 89.~~46527037~~41364892 XP 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1 0.00000000 2225.~~51451441~~03685418 ~~727~~590.~~46008396~~53527008 0.~~72746008~~59053527 2225.~~51451441~~03685418 B2 0.00000000 2225.~~51451511~~03685978 ~~727~~590.~~46008606~~53526448 0.~~72746009~~59053526 2225.~~51451511~~03685978 B3 0.00000000 2225.~~51451511~~03685978 ~~727~~590.~~46008606~~53526448 0.~~72746009~~59053526 2225.~~51451511~~03685978 B4 0.00000000 2225.~~51451721~~03685978 ~~727~~590.~~46008396~~53527288 0.~~72746008~~59053527 2225.~~51451721~~03685978 B5 0.00000000 2225.~~51451161~~03685978 ~~727~~590.~~46008956~~53526448 0.~~72746009~~59053526 2225.~~51451161~~03685978 B6 0.00000000 2225.~~51452132~~03686081 ~~727~~590.~~46008276~~53526622 0.~~72746008~~59053527 2225.~~51452132~~03686081 (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 A1 226,292,500.00 3.~~87596~~85478% 6352,~~810~~375,~~903~~391.1646 ~~206~~168,~~106~~246.8519 0.00 0.00 A2 5,359,400.00 3.~~87596~~85478% 1,~~511~~240,~~265~~432.9795 43,~~881~~984.3366 0.00 0.00 XP 100.00 3.~~87596~~85478% 100.00 0.32 0.00 0.00 R 100.00 7.~~55245~~55372% 0.00 0.00 0.00 0.00 B1 1,786,500.00 3.~~87596~~85478% 1,~~339~~099,~~829~~719.6360 43,~~327~~532.6064 0.00 0.00 B2 952,800.00 3.~~87596~~85478% ~~714~~586,~~575~~517.8012 21,~~308~~884.0508 0.00 0.00 B3 952,800.00 3.~~87596~~85478% ~~714~~586,~~575~~517.8012 21,~~308~~884.0508 0.00 0.00 B4 1,191,000.00 3.~~87596~~85478% ~~893~~733,~~219~~146.7540 2,~~885~~355.0710 0.00 0.00 B5 714,600.00 3.~~87596~~85478% ~~535~~439,~~931~~887.8584 1,~~731~~413.0406 0.00 0.00 B6 952,909.00 3.~~87596~~85478% ~~714~~586,~~657~~584.5522 21,~~308~~884.3229 0.00 0.00 Totals 238,202,709.00 ~~226~~185,~~856~~184.6342 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 A1 0.0100 0.00 ~~206~~168,~~106~~246.8420 0.00 6150,~~895~~245,~~276~~153.1038 A2 0.00 0.00 43,~~881~~984.3366 0.00 1,~~465~~189,~~897~~981.2044 XP 0.00 0.00 0.32 0.18 100.00 R 0.00 0.00 0.00 0.00 0.00 B1 0.00 0.00 43,~~327~~532.6064 0.00 1,~~299~~054,~~607~~991.4426 B2 0.00 0.00 21,~~308~~884.0508 0.00 ~~693~~562,~~123~~662.9700 B3 0.00 0.00 21,~~308~~884.0508 0.00 ~~693~~562,~~123~~662.9700 B4 0.00 0.00 2,~~885~~355.0710 0.00 ~~866~~703,~~404~~327.9651 B5 0.00 0.00 1,~~731~~413.0406 0.00 ~~519~~421,~~842~~996.9850 B6 0.00 0.00 21,~~308~~884.3229 0.00 ~~693~~562,~~203~~726.2637 Totals 0.0100 0.00 ~~226~~185,~~856~~184.6243 0.18 (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 A1 226,292,500.00 3.~~87596~~85478% ~~281~~231.~~98417164~~44996613 0.~~91079841~~74348991 0.00000000 0.00000000 A2 5,359,400.00 3.~~87596~~85478% ~~281~~231.~~98417174~~44996641 0.~~91079785~~74348994 0.00000000 0.00000000 XP 100.00 3.~~87596~~85478% 1000.00000000 3.20000000 0.00000000 0.00000000 R 100.00 7.~~55245~~55372% 0.00000000 0.00000000 0.00000000 0.00000000 B1 1,786,500.00 3.~~87596~~85478% ~~749~~615.~~97460397~~57212427 21.~~42239015~~97740834 0.00000000 0.00000000 B2 952,800.00 3.~~87596~~85478% ~~749~~615.~~97460118~~57212427 21.~~42238665~~97741394 0.00000000 0.00000000 B3 952,800.00 3.~~87596~~85478% ~~749~~615.~~97460118~~57212427 21.~~42238665~~97741394 0.00000000 0.00000000 B4 1,191,000.00 3.~~87596~~85478% ~~749~~615.~~97460118~~57212427 21.~~42239295~~97741394 0.00000000 0.00000000 B5 714,600.00 3.~~87596~~85478% ~~749~~615.~~97460118~~57212427 21.~~42239015~~97741394 0.00000000 0.00000000 B6 952,909.00 3.~~87596~~85478% ~~749~~615.~~97460408~~57212703 21.~~42239290~~97740813 0.00000000 0.00000000 All denominations are Per $1000.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A1 0.~~00000004~~00000000 0.00000000 0.~~91079837~~74348995 0.00000000 ~~273~~222.~~51890186~~03631751 A2 0.00000000 0.00000000 0.~~91079785~~74348994 0.00000000 ~~273~~222.~~51890137~~03631750 XP 0.00000000 0.00000000 3.20000000 1.80000000 1000.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1 0.00000000 0.00000000 21.~~42239015~~97740834 0.00000000 ~~727~~590.~~46008396~~53527008 B2 0.00000000 0.00000000 21.~~42238665~~97741394 0.00000000 ~~727~~590.~~46008606~~53526448 B3 0.00000000 0.00000000 21.~~42238665~~97741394 0.00000000 ~~727~~590.~~46008606~~53526448 B4 0.00000000 0.00000000 21.~~42239295~~97741394 0.00000000 ~~727~~590.~~46008396~~53527288 B5 0.00000000 0.00000000 21.~~42239015~~97741394 0.00000000 ~~727~~590.~~46008956~~53526448 B6 0.00000000 0.00000000 21.~~42239290~~97740813 0.00000000 ~~727~~590.~~46008276~~53526622 (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 2,~~358~~548,~~479~~135.7296 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 2,~~358~~548,~~479~~135.7296 Withdrawals Reimbursement for Servicer Advances ~~902~~0.3400 Payment of Service Fee 2218,~~241~~255.1327 Payment of Interest and Principal 2,~~335~~529,~~336~~880.2569 Total Withdrawals (Pool Distribution Amount) 2,~~358~~548,~~479~~135.7296 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.0100

SERVICING FEES Gross Servicing Fee 2118,~~948~~015.4608 Trustee Fee ~~292~~240.6719 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 2218,~~241~~255.1327

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 6,550,809.00 2.75009960% 43,~~765~~868,~~406~~465.5864 6.~~99493013~~99496179% 93.~~005218~~005221% 93.005207% Class R 6,550,709.00 2.75005762% 43,~~765~~868,~~406~~465.5864 6.~~99493013~~99496179% 0.000000% 0.000000% Class B-1 4,764,109.00 2.00002385% 32,~~465~~813,~~699~~374.1438 5.~~08714691~~08714517% 1.907636% 1.907639% Class B-2 3,811,309.00 1.60002823% 2,~~772~~250,~~575~~712.1738 4.~~06974080~~06973942% 1.017406% 1.017408% Class B-3 2,858,509.00 1.20003262% 21,~~079~~688,~~451~~050.2038 3.~~05233470~~05233367% 1.017406% 1.017408% Class B-4 1,667,509.00 0.70003809% 1984,~~213,046~~722.2487 1.~~78057707~~78057646% 1.~~271758~~271757% 1.271759% Class B-5 952,909.00 0.40004138% ~~693~~562,~~203~~726.2637 1.~~01752249~~01752215% 0.~~763055~~763054% 0.763056% Class B-6 0.00 0.00000000% 0.00 0.00000000% 1.017522% 1.017524% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.~~255955~~234777% Weighted Average Net Coupon 3.~~880955~~859777% Weighted Average Pass-Through Rate 3.~~875955~~854777% Weighted Average Maturity (Stepdown Calculation ) ~~294~~290 Beginning Scheduled Collateral Loan Count 9982 Number Of Loans Paid In Full 32 Ending Scheduled Collateral Loan Count 9680 Beginning Scheduled Collateral Balance 7057,~~235~~648,~~058~~295.3152 Ending Scheduled Collateral Balance 6855,~~126~~303,~~578~~599.6827 Ending Actual Collateral Balance at 2930-~~Feb~~Jun-2004 6855,~~126~~303,~~578~~599.6827 Monthly P &I Constant ~~326~~264,~~058~~847.3326 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 2,~~171~~352,~~984~~920.0144 Ending Scheduled Balance for Premium Loans 6855,~~126~~303,~~578~~599.6827 Scheduled Principal 7661,~~960~~407.6055 Unscheduled Principal 2,~~031~~283,~~519~~288.0370

Filing Compare · BEAR STEARNS ARM TRUST MORTGAGE PASS THROUGH CERT SER 2000 2