8-K 1 bsa04sd1_aug.txt AUGUST 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): August 25, 2004 BEAR STEARNS ASSET BACKED SECURITIES TRUST Asset Backed Certificates, Series 2004-SD1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-91334-25 54-2147340 Pooling and Servicing Agreement) (Commission 54-2147339 (State or other File Number) jurisdiction IRS EIN 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) 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 (see General Instruction A.2. below): [ ] 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)) ITEM 8.01 Other Events On August 25, 2004 a distribution was made to holders of BEAR STEARNS ASSET BACKED SECURITIES TRUST, Asset Backed Certificates, Series 2004-SD1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2004-SD1 Trust, relating to the August 25, 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 ASSET BACKED SECURITIES TRUST Asset Backed Certificates, Series 2004-SD1 Trust (Registrant) 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: 8/26/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2004-SD1 Trust, relating to the August 25, 2004 distribution. EX-99.1

~~SECURITIES~~Bear ~~AND~~Stearns ~~EXCHANGE~~Asset ~~COMMISSION Washington~~Backed Securities Asset Backed Certificates Record Date: 7/31/2004 Distribution Date: 8/25/2004 BSA Series: 2004-SD1 Contact: CTSLink Customer Service Wells Fargo Bank, DN.CA. ~~20549~~Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Telephone: (301) 815-6600 Fax: (301) 815-6600 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-1 07384YSD9 SEN 1.62000% 92,173,924.67 124,434.80 3,067,321.31 A-2 07384YSE7 SEN 1.90000% 80,997,000.00 128,245.25 0.00 M-1 07384YSF4 MEZ 4.98000% 8,204,000.00 34,046.60 0.00 M-2 07384YSG2 MEZ 5.32000% 6,541,000.00 28,998.43 0.00 M-3 07384YSH0 MEZ 5.50000% 5,765,000.00 26,422.92 0.00 B 07384YSJ6 SUB 5.50000% 2,217,006.00 10,161.28 0.00 BIO 07384YSU1 IO 0.00000% 0.00 588,427.40 0.00 OC BSA03S3OC OC 0.00000% 2,170,916.48 0.00 0.00 R-1 07384YSM9 RES 0.00000% 0.00 0.00 0.00 R-2 07384YSN7 RES 0.00000% 0.00 0.00 0.00 Totals 198,068,847.15 940,736.68 3,067,321.31

~~FORM~~Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 89,106,603.36 3,191,756.11 0.00 A-2 0.00 80,997,000.00 128,245.25 0.00 M-1 0.00 8,204,000.00 34,046.60 0.00 M-K2 0.00 6,541,000.00 28,998.43 0.00 M-3 0.00 5,765,000.00 26,422.92 0.00 B 0.00 2,217,006.00 10,161.28 0.00 BIO 0.00 0.00 588,427.40 0.00 OC 0.00 2,217,280.07 0.00 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 Totals 0.00 195,047,889.43 4,008,057.99 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

~~CURRENT~~Principal ~~REPORT PURSUANT~~Distribution TOStatement ~~SECTION~~Original 13Beginning ORScheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1 118,004,000.00 92,173,924.67 0.00 3,067,321.31 0.00 0.00 A-2 80,997,000.00 80,997,000.00 0.00 0.00 0.00 0.00 M-1 8,204,000.00 8,204,000.00 0.00 0.00 0.00 0.00 M-2 6,541,000.00 6,541,000.00 0.00 0.00 0.00 0.00 M-3 5,765,000.00 5,765,000.00 0.00 0.00 0.00 0.00 B 2,217,006.00 2,217,006.00 0.00 0.00 0.00 0.00 BIO 0.00 0.00 0.00 0.00 0.00 0.00 OC 0.89 2,170,916.48 0.00 0.00 0.00 0.00 R-1 50.00 0.00 0.00 0.00 0.00 0.00 R-2 50.00 0.00 0.00 0.00 0.00 0.00 Totals 221,728,106.89 198,068,847.15 0.00 3,067,321.31 0.00 0.00 (D1) OFAmount ~~THE SECURITIES~~Does ~~EXCHANGE~~Not ~~ACT~~Include OFExcess ~~1934~~Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

~~Date~~Principal ofDistribution ~~Report~~Statement (~~Date~~continued) ofTotal ~~earliest~~Ending ~~event~~Ending ~~reported): March~~Total 30Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1 3,067,321.31 ~~2004~~89,106,603.36 0.75511511 3,067,321.31 A-2 0.00 80,997,000.00 1.00000000 0.00 M-1 0.00 8,204,000.00 1.00000000 0.00 M-2 0.00 6,541,000.00 1.00000000 0.00 M-3 0.00 5,765,000.00 1.00000000 0.00 B 0.00 2,217,006.00 1.00000000 0.00 BIO 0.00 0.00 0.00000000 0.00 OC 0.00 2,217,280.07 2,491,325.92134831 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 Totals 3,067,321.31 195,047,889.43 0.87967147 3,067,321.31

~~BEAR~~Principal ~~STEARNS~~Distribution ~~ASSET~~Factors ~~BACKED~~Statement ~~SECURITIES~~Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 118,004,000.00 ~~INC~~781. ~~(Exact~~10847658 ~~name~~0.00000000 of25.99336726 ~~registrant~~0.00000000 ~~specified~~A-2 in80,997,000.00 ~~Charter)~~1000.00000000 0.00000000 0.00000000 0.00000000 M-1 8,204,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 6,541,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 5,765,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 2,217,006.00 1000.00000000 0.00000000 0.00000000 0.00000000 BIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.89 439232000.00000000 0.00000000 0.00000000 0.00000000 R-1 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 0.00000000 0.00000000 0.00000000 0.00000000

~~Delaware~~Principal Distribution Factors Statement (~~State~~continued) orTotal ~~other~~Ending ~~jurisdiction~~Ending ofTotal ~~incorporation~~Realized Principal Certificate Certificate Principal Class Loss (3) ~~333~~Reduction Balance Percentage Distribution A-~~91334~~1 ~~(Commission~~0.00000000 ~~file~~25.99336726 ~~number)~~755.11510932 130.75511511 25.99336726 A-~~3836437~~2 (I0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 BIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00000000 0.00000000 2,491,325,921.34831000 2491325.92134831 0.00000000 R-1 0.S00000000 0.00000000 ~~Employer~~0.00000000 ~~Identification~~0.00000000 No0.00000000 R-2 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.

~~383~~Interest ~~Madison~~Distribution ~~Avenue New~~Statement ~~York~~Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-1 118,004,000.00 ~~New~~1.62000% ~~York~~92,173,924.67 ~~10179 (Address~~124,434.80 of0.00 ~~principal~~0.00 ~~executive~~A-2 ~~offices)~~80,997,000.00 ~~(ZIP~~1.90000% ~~Code)~~80,997,000.00 128,245.25 0.00 0.00 M-1 8,204,000.00 4.98000% 8,204,000.00 34,046.60 0.00 0.00 M-2 6,541,000.00 5.32000% 6,541,000.00 28,998.43 0.00 0.00 M-3 5,765,000.00 5.50000% 5,765,000.00 26,422.92 0.00 0.00 B 2,217,006.00 5.50000% 2,217,006.00 10,161.28 0.00 0.00 BIO 0.00 0.00000% 198,068,847.15 0.00 0.00 0.00 OC 0.89 0.00000% 2,170,916.48 0.00 0.00 0.00 R-1 50.00 0.00000% 0.00 0.00 0.00 0.00 R-2 50.00 0.00000% 0.00 0.00 0.00 0.00 Totals 221,728,106.89 352,309.28 0.00 0.00

Interest Distribution Statement (~~212~~continued) ~~272~~Remaining Ending Non-~~2000 Registrant's~~Supported ~~telephone~~Total ~~number~~Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-1 0.00 0.00 124,434.80 ~~including~~0.00 ~~area~~89,106,603.36 ~~code~~A-2 0.00 0.00 128,245.25 0.00 80,997,000.00 M-1 0.00 0.00 34,046.60 0.00 8,204,000.00 M-2 0.00 0.00 28,998.43 0.00 6,541,000.00 M-3 0.00 0.00 26,422.92 0.00 5,765,000.00 B 0.00 0.00 10,161.28 0.00 2,217,006.00 BIO 0.00 0.00 588,427.40 0.00 195,047,889.43 OC 0.00 0.00 0.00 0.00 2,217,280.07 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 940,736.68 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.

NInterest Distribution Factors Statement Beginning Payment of Original Current Certificate/A Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (~~Former~~5) ~~name~~Amount orRate ~~former~~Balance ~~address~~Interest Shortfall Shortfall A-1 118,004,000.00 if1.62000% ~~changed~~781.10847658 ~~since~~1.05449646 ~~last~~0.00000000 ~~report~~0.00000000 A-2 80,997,000.00 1.90000% 1000.00000000 1.58333333 0.00000000 0.00000000 M-1 8,204,000.00 4.98000% 1000.00000000 4.15000000 0.00000000 0.00000000 M-2 6,541,000.00 5.32000% 1000.00000000 4.43333282 0.00000000 0.00000000 M-3 5,765,000.00 5.50000% 1000.00000000 4.58333391 0.00000000 0.00000000 B 2,217,006.00 5.50000% 1000.00000000 4.58333446 0.00000000 0.00000000 BIO 0.00 0.00000% 893.29647584 0.00000000 0.00000000 0.00000000 OC 0.89 0.00000% 439232000.00000000 0.00000000 0.00000000 0.00000000 R-1 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 50.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 denomination.

~~Item~~Interest 5Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1 0. ~~Other~~00000000 ~~Events~~0.00000000 1.05449646 0.00000000 755.11510932 A-2 0.00000000 0.00000000 1.58333333 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 4.15000000 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 4.43333282 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 4.58333391 0.00000000 1000.00000000 B 0.00000000 0.00000000 4.58333446 0.00000000 1000.00000000 BIO 0.00000000 0.00000000 2.65382533 0.00000000 879.67186539 OC 0.00000000 0.00000000 0.00000000 0.00000000 491325921.34831000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 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.

~~Bear~~CERTIFICATEHOLDER ~~Stearns~~ACCOUNT ~~Asset~~STATEMENT ~~Backed~~CERTIFICATE ~~Securities,~~ACCOUNT ~~Inc.,~~Beginning asBalance ~~depositor~~0.00 ~~(the “Depositor”)~~Deposits ~~registered~~Payments ~~issuances~~ of ~~Asset-Backed~~Interest ~~Certificates~~and onPrincipal ~~a delayed~~4,057,199.29 orLiquidations, ~~continuous~~Insurance ~~basis~~Proceeds, ~~pursuant~~Reserve toFunds ~~Rule~~0.00 ~~415~~Proceeds ~~under~~from ~~the~~Repurchased ~~Securities~~Loans ~~Act~~0.00 ~~of 1933,~~Other asAmounts ~~amended~~ (~~the~~Servicer ~~“Act”~~Advances) 116,593.33 byRealized aLoss ~~Registration~~(Gains, ~~Statement~~Subsequent onExpenses ~~Form~~& ~~S-3 (Registration~~Recoveries) ~~File No~~0.00 ~~333-91334)~~Prepayment ~~(as~~Penalties ~~amended, the “Registration Statement”)~~0.00 ~~Pursuant~~Total toDeposits ~~the Registration Statement~~4,173,792.62 ~~the~~Withdrawals ~~Depositor~~Reimbursement ~~caused Bear~~for ~~Stearns~~Servicer ~~Asset~~Advances ~~Backed Securities~~111, ~~Inc~~652.,70 ~~Asset-Backed~~Payment ~~Certificates,~~of ~~Series 2004-SD1~~Service toFee ~~issue $221~~54,~~728,106~~081.93 ~~principal~~Payment ~~amount~~ of ~~Asset-Backed~~Interest ~~Certificates~~and Principal 4, ~~Series~~008,057.99 ~~2004-SD1~~Total Withdrawals (~~the~~Pool ~~“Certificates”~~Distribution Amount), ~~on March 30~~4,173,792.62 ~~2004~~Ending ~~(the “Closing~~Balance ~~Date”)~~0. 00

~~The~~PREPAYMENT/CURTAILMENT ~~Certificates~~INTEREST ~~were~~SHORTFALL ~~issued~~Total ~~pursuant~~Prepayment/Curtailment toInterest aShortfall ~~pooling~~0.00 ~~and servicing agreement (the “Pooling and~~ Servicing ~~Agreement”),~~Fee ~~dated~~Support as0.00 ~~of March 1, 2004 (the “Cut~~Non-~~Off~~Supported ~~Date”),~~Prepayment/Curtailment ~~among~~Interest ~~the~~Shortfall ~~Depositor, EMC Mortgage Corporation, as Seller and Servicer, Wells Fargo Bank, N~~0.~~A., as Securities Administrator and Master Servicer, and JPMorgan Chase Bank, as Trustee.~~00

~~Capitalized~~SERVICING ~~terms~~FEES ~~not~~Gross ~~defined~~Servicing ~~herein~~Fee ~~have~~54,081.93 ~~the~~Supported ~~meanings~~Prepayment/Curtailment ~~assigned in~~Interest ~~the~~Shortfall ~~Pooling~~0.00 ~~and~~Net Servicing ~~Agreement~~Fee ~~attached hereto as Exhibit 4~~54,081.1.93

~~Item 7. Financial~~OTHER ~~statements,~~ACCOUNTS ~~Pro~~Beginning ~~Forma~~Current Current Ending Account Type Balance Withdrawals Deposits Balance Financial ~~Information~~Guaranty ~~and Exhibits~~0.00 0.00 0.00 0.00 Reserve Fund 0.00 0.00 0.00 0.00

~~(c)~~LOAN ~~Exhibits~~STATUS ~~Exhibit~~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 11 0 0 11 1,107,973.92 0.00 0.00 1,107,973.92 30 Days 57 4 1 0 62 7,478,000.59 413,400.87 86,374.05 0.00 7,977,775.51 60 Days 23 4 0 0 27 3,267,077.42 558,202.51 0.00 0.00 3,825,279.93 90 Days 10 1 3 0 14 1,072,876.38 76,557.24 413,504.96 0.00 1,562,938.58 120 Days 8 1 6 0 15 707,439.31 123,826.20 1,076,468.34 0.00 1,907,733.85 150 Days 3 1 3 0 7 596,187.37 69,436.94 236,355.85 0.00 901,980.16 180+ Days 1 0 3 1 5 104,337.21 0.00 406,456.92 118,938.82 629,732.95 Totals 102 22 16 1 141 13,225,918.28 2,349,397.68 2,219,160.12 118,938.82 17,913,414.90 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 0.823970% 0.000000% 0.000000% 0.823970% 0.566937% 0.000000% 0.000000% 0.566937% 30 Days 4.269663% 0.299625% 0.074906% 0.000000% 4.644195% 3.826404% 0.211532% 0.044197% 0.000000% 4.082133% 60 Days 1.722846% 0.299625% 0.000000% 0.000000% 2.022472% 1.671725% 0.285626% 0.000000% 0.000000% 1.957350% 90 Days 0.749064% 0.074906% 0.224719% 0.000000% 1.048689% 0.548978% 0.039173% 0.211586% 0.000000% 0.799737% 120 Days 0.599251% 0.074906% 0.449438% 0.000000% 1.123596% 0.361988% 0.063360% 0.550816% 0.000000% 0.976165% 150 Days 0.224719% 0.074906% 0.224719% 0.000000% 0.524345% 0.305062% 0.035530% 0.120940% 0.000000% 0.461533% 180+ Days 0.074906% 0.000000% 0.224719% 0.074906% 0.374532% 0.053388% 0.000000% 0.207979% 0.060860% 0.322227% Totals 7.640449% 1.647940% 1.198502% 0.074906% 10.561798% 6.767545% 1.202159% 1.135518% 0.060860% 9.166081%

~~1.1~~OTHER ~~4.1~~INFORMATION ~~99.1~~Current ~~99.2~~Period ~~99.3~~Class ~~99.4~~A ~~Underwriting~~Insufficient ~~Agreement~~Funds ~~Pooling~~0.00 ~~and~~Principal ~~Servicing~~Balance ~~Agreement~~of ~~Yield~~Contaminated ~~Maintenance~~Properties ~~Agreement~~0.00 ~~Assignment~~Periodic ~~and~~Advance ~~Assumption Agreement Assignment~~116, ~~Assumption and Recognition Agreement Assignment, Assumption and Recognition Agreement~~593.33

~~SIGNATURES~~COLLATERAL STATEMENT Collateral Description Fixed 30 Year Weighted Average Gross Coupon 6.308968% Weighted Average Net Coupon 5.981312% Weighted Average Pass-Through Rate 5.981312% Weighted Average Maturity(Stepdown Calculation ) 295 Beginning Scheduled Collateral Loan Count 1,359 Number Of Loans Paid In Full 24 Ending Scheduled Collateral Loan Count 1,335 Beginning Scheduled Collateral Balance 198,068,847.15 Ending Scheduled Collateral Balance 195,047,889.43 Ending Actual Collateral Balance at 31-Jul-2004 195,431,555.57 Monthly P &I Constant 1,407,083.02 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 195,047,889.43 Scheduled Principal 365,741.42 Unscheduled Principal 2,655,216.30 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 46,363.59 Overcollateralized reduction Amount 0.00 Specified O/C Amount 2,217,280.07 Overcollateralized Amount 2,217,280.07 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 46,363.59 Excess Cash Amount 634,790.98

~~Pursuant~~Miscellaneous toReporting ~~the~~Three ~~requirements~~month ofrolling ~~the~~delinquency ~~Securities~~% ~~Exchange~~5.524238% ~~Act~~Trigger ofEvent ~~1934,~~NO ~~the registrant~~Yield ~~has~~Maintenance ~~duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized~~0. 00

BEAR STEARNS ASSET BACKED SECURITIES, INC. By /s/ Joseph T. Jurkowski, Jr. Name: Joseph T. Jurkowski, Jr. Title: Vice President

Date: April 22, 2004

EXHIBIT INDEX

Exhibit Number Description

1.1 Underwriting Agreement between the Depositor and Bear, Stearns & Co. Inc., as underwriter, dated as of March 26, 2004.

4.1 Pooling and Servicing Agreement, among the Depositor, EMC Mortgage Corporation, as Seller and Servicer, Wells Fargo Bank, N.A., as Securities Administrator and Master Servicer, and JPMorgan Chase Bank, as Trustee, dated as of March 1, 2004.

99.1 Yield Maintenance Agreement between Bear Stearns Financial Products, Inc. and the Trustee, dated as of March 30, 2004.

99.2 Assignment and Assumption Agreement among EMC Mortgage Corporation, the Trustee and Wells Fargo Home Mortgage, Inc., dated as of March 30, 2004.

99.3 Assignment, Assumption and Recognition Agreement among EMC Mortgage Corporation, the Trustee and Bank of America, N.A., dated as of March 30, 2004.

99.4 Assignment, Assumption and Recognition Agreement among EMC Mortgage Corporation, the Trustee, the Depositor, Washington Mutual Bank, FA, Washington Mutual Bank and Washington Mutual Bank fsb, dated as of March 1, 2004.

Filing Compare · BEAR STEARNS ASSET-BACKED CERTIFICATES SERIES 2004-SD1