8-K 1 msalt04hb1_aug.txt AUGUST 8K 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): August 15,2004 MORGAN STANLEY AUTO LOAN TRUST 2004-HB1 (Exact name of registrant as specified in its charter) New York (governing law of 333-82716-02 51-6555101 Sales and Servicing Agreement) (Commission (State or other File Number) jurisdiction IRS EIN of Incorporation) Wells Fargo Bank, N.A. 6th Street and Marquette Avenue Minneapolis, MN 55479 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (612) 667-8058 (Former name or former address, if changed since last report) ITEM 5. Other Events On August 15, 2004 a distribution was made to holders of MORGAN STANLEY AUTO LOAN TRUST 2004-HB1 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 Morgan Stanley Auto Loan Trust 2004-HB1, relating to the August 15, 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. MORGAN STANLEY AUTO LOAN TRUST 2004-HB1 By: Wells Fargo Bank, NA as Trustee By: /s/ Edna Barber, Assistant Vice President By: Edna Barber, Assistant Vice President Date: 8/19/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Morgan Stanley Auto Loan Trust 2004-HB1, relating to the August 15, 2004 distribution. EX-99.1

Morgan Stanley Auto Loan Trust 2004-HB1 Record Date: 68/14/04 Distribution Date: 68/15/04 Morgan Stanley Auto Loan Trust 2004-HB1 Contact: Wells Fargo Bank, N.A. 6th Street and Marquette Avenue Minneapolis, MN 55479 Telephone: (612) 667-8058 Fax: (612) 667-3529 Morgan Stanley Auto Loan Trust 2004 HB-1 Certificateholders Distribution Summary Beginning Interest Interest Principal Ending Total Class Cusip Principal Distribution Carryover Distribution Principal Distribution Balance Amount Shortfall Amount Balance A-1 61747RAF7 ~~225~~141,~~300~~361,~~000~~885.0032 ~~258~~156,~~031~~676.0809 0.00 5426,~~642~~991,~~500~~960.9054 ~~170~~114,~~657~~369,~~499~~924.1078 5427,~~900~~148,~~531~~636.9863 A-2 61747RAG5 165,450,000.00 ~~273~~264,~~544~~720.00 0.00 0.00 165,450,000.00 ~~273~~264,~~544~~720.00 A-3 61747RAH3 174,400,000.00 ~~396~~383,~~469~~680.3300 0.00 0.00 174,400,000.00 ~~396~~383,~~469~~680.3300 A-4 61747RAJ9 187,285,000.00 ~~537~~519,~~039~~715.7488 0.00 0.00 187,285,000.00 ~~537~~519,~~039~~715.7488 B 61747RAK6 25,000,000.00 6563,~~659~~541.7267 0.00 0.00 25,000,000.00 6563,~~659~~541.7267 C 61747RAL4 28,710,000.00 7168,~~200~~904.8000 0.00 0.00 28,710,000.00 7168,~~200~~904.8000 D 61747RAM2 13,940,000.00 6663,~~021~~891.3967 0.00 0.00 13,940,000.00 6663,~~021~~891.3967 Certificates n/a n/a n/a 0.00 n/a 0.00 Pool Factors Beginning Interest Interest Principal Ending Interest Class Note Pool Distribution Carryover Distribution Note Pool Rate Factor per 1000 per 1000 per 1000 Factor A-1 10.~~0000000~~6274385 10.~~1452778~~6954110 0.0000000 ~~242~~119.~~5321833~~8045297 0.~~7574678~~5076339 1.33% A-2 1.0000000 1.~~6533333~~6000000 0.0000000 0.0000000 1.0000000 1.92% A-3 1.0000000 2.~~2733333~~2000000 0.0000000 0.0000000 1.0000000 2.64% A-4 1.0000000 2.~~8675000~~7750000 0.0000000 0.0000000 1.0000000 3.33% B 1.0000000 2.~~6263889~~5416667 0.0000000 0.0000000 1.0000000 3.05% C 1.0000000 2.~~4800000~~4000000 0.0000000 0.0000000 1.0000000 2.88% D 1.0000000 4.~~7361111~~5833333 0.0000000 0.0000000 1.0000000 5.50% Collections Principal Collections 4924,~~158~~913,~~428~~335.8405 Interest Collections 83,~~340~~997,~~522~~137.7123 Recoveries and Liquidation Proceeds 85246,~~641~~836.9684 Purchase Amounts and Advance Amounts from servicer ~~493~~211,~~746~~779.1791 Total Collections Amount 5829,~~078~~369,~~339~~089.6803 Disbursements per 1000 Original Principal Balance Servicing Fee 10.~~6406662~~7554309 1619,~~345,485~~517.7155 Servicing Reimbursement Amount 0.~~5125123~~2858220 ~~420~~234,~~303~~398.6731 Owner Trustee Fee 0.0010162 833.33 Indenture Trustee Fee 0.0015242 1,250.00 Note Interest Distribution 21.~~0338941~~8548435 1,~~667~~521,~~966~~129.0730 Regular Principal Allocation 1527.~~3682204~~7534491 1222,~~603~~760,~~247~~187.0029 First Allocation of Principal 0.0000000 0.00 Second Allocation of Principal 80.~~1267514~~0000000 ~~6,664,626~~0.9500 Third Allocation of Principal 435.~~1353176~~1601642 354,~~374~~231,~~626~~773.9525 Total Distribution Amount 5829,~~078~~369,~~339~~089.6803 Pool Balance (beginning of Collection Period) ~~820~~743,~~087~~421,~~864~~059.9951 Pool Balance (end of Collection Period) ~~770~~717,~~770~~975,~~373~~112.0507 Overcollateralization Target Amount for next Distribution Date 1514,~~415~~359,~~407~~502.4624 Overcollateralization Amount 58,~~327~~820,~~873~~187.9529 Delinquency Principal Period Number Balance Percentage 30 - 59 days ~~200~~308 34,~~090~~737,~~760~~260.7924 0.4066% 60 - 89 days 5775 ~~901~~1,~~678~~219,936.9384 0.1217% 90 + days 2849 ~~435~~765,~~172~~628.1220 0.0611% Totals ~~285~~432 46,~~427~~722,~~611~~825.8428 0.5794% Pool Delinquency Percentage as of related Determination Date 0.4977% Repossessed Receivables 5087 ~~777~~,~~637~~470,498.00 Defaulted Receivables or Repurchased Receivables ~~158~~531,~~967~~477.9038 Receivables granted extensions ~~736~~562 118,~~436~~791,~~781~~576.9890 Repurchase Amounts 0.00 Realized Losses 74302,~~685~~924.9422 Cram Down Losses 01,131.0004 Cumulative Net Loss Ratio as of related Determination Date 0.0107% Six-Month Annualized Net Loss Ratio as of related Determination Date 0.0624% Three-Month Annualized Net Loss Ratio as of related Determination Date 0.0631% WAC 6.4847 WAM 5352.7600

Filing Compare · Morgan Stanley Auto Loan Trust 2004-HB1