8-K 1 bsl04007_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 25, 2004 BEAR STEARNS ALT-A TRUST Mortgage Pass-Through Certificates, Series 2004-7 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-115122-09 54-2157797 Pooling and Servicing Agreement) (Commission 54-2157798 (State or other File Number) 54-2157799 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 ALT-A TRUST, Mortgage Pass-Through Certificates, Series 2004-7 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-7 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 ALT-A TRUST Mortgage Pass-Through Certificates, Series 2004-7 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: 8/27/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-7 Trust, relating to the August 25, 2004 distribution. EX-99.1

~~SECURITIES~~Bear ~~AND~~Stearns ~~EXCHANGE~~ALT-A ~~COMMISSION Washington~~Trust Mortgage Pass-Through Certificates Record Date: 7/31/04 Distribution Date: 8/25/04 BSL Series: 2004-7 Contact: CTSLink Customer Service Wells Fargo Bank, DN.CA. ~~20549 FORM~~Corporate ~~8-K CURRENT~~Trust ~~REPORT Pursuant~~Services to9062 ~~Section~~Old 13Annapolis orRoad 15Columbia, MD 21045-1951 Telephone: (d301) of815-6600 ~~the Securities~~Fax: ~~Exchange~~(301) ~~Act~~815-6600 ofCertificateholder ~~1934 Date~~Distribution ofSummary ~~Report~~Certificate ~~(Date~~Certificate ofBeginning ~~earliest~~Class ~~event~~Pass-Through ~~reported)~~Certificate ~~July~~Interest 23Principal Class CUSIP Description Rate Balance Distribution Distribution I-A-1 07386HKJ9 SEN 4.21379% 149,840,700.00 ~~2004 STRUCTURED~~526,164.26 ~~ASSET~~1,886,799.62 ~~MORTGAGE~~II-A-1 ~~INVESTMENTS~~07386HKK6 SEN 4.94834% 643,521,900.00 2,653,638.18 7,169,632.65 II-A-3 ~~INC~~07386HKL4 SEN 4. ~~(Exact~~63458% ~~name~~94,795,600.00 of366,115.08 ~~registrant~~692,989.86 asM ~~specified~~07386HKN0 inMEZ ~~its~~4.79093% ~~charter) Delaware 333-115122~~ 32,072,200.00 128,046.30 18,764.44 B-~~0183252 (State~~1 or07386HKP5 ~~Other (Commission (I~~SUB 4.R79093% 22,697,300.S00 90,617.59 ~~Employer Jurisdiction File~~13,279.48 ~~Number) Identification~~B-2 No07386HKQ3 SUB 4.~~) of~~79093% ~~Incorporation) 383~~15,789,500.00 ~~Madison~~63,038.62 ~~Avenue New~~9,237.94 ~~York~~B-3 07386HKR1 SUB 4.79093% 11,348,700.00 ~~New~~45,308.99 ~~York 10l79~~ 6,639.77 ~~(Address~~B-4 of07386HLL3 ~~Principal (Zip~~SUB ~~Code) Executive~~4.79093% ~~Offices) Registrants~~6,907,900.00 ~~telephone~~27,579.37 ~~number~~4,041.60 ~~including~~B-5 ~~area~~07386HLM1 ~~code~~SUB 4.79093% 5,921,000.00 is23,639.23 ~~(212)~~3,464.19 ~~272~~B-~~2000~~ 6 07386HLN9 SUB 4.79093% 3,947,572.00 15,760.44 2,309.60 R 07386HKM2 RES 0.00000% 100.00 2.95 100.00 Totals 986,842,472.00 3,939,911.01 9,807,259.15

~~Item~~Certificateholder 7Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0. ~~Financial Statements~~00 147, ~~Pro Forma Financial Information and Exhibits~~953,900. ~~(a) Not~~38 ~~applicable (b) Not~~2,412,963.88 ~~applicable (c) Exhibits:~~ 0.00 II-A-1 0. ~~Pooling~~00 ~~and~~636,352,267.35 ~~Servicing~~9,823,270.83 ~~Agreement~~0.00 II-A-3 0.00 94,102,610.14 ~~dated~~1,059,104.94 as0.00 ofM ~~July~~0.00 32,053,435.56 146,810.74 0.00 B-1 0.00 22,684,020.52 ~~2004 among~~103,897.07 ~~Structured~~0.00 ~~Asset~~B-2 ~~Mortgage~~0.00 ~~Investments~~15,780,262.06 II72,276.56 ~~Inc~~0.00 B-3 0.00 11,342,060.23 as51,948.76 ~~seller~~0.00 B-4 0.00 6,903,858.40 ~~Wells~~31,620.97 ~~Fargo Bank~~0.00 B-5 0.00 5,917,535.81 ~~National~~27,103.42 ~~Association~~0.00 asB-6 ~~master~~0.00 ~~servicer~~3,945,262.40 ~~and~~18,070.04 ~~securities~~0.00 ~~administrator~~R 0.00 0.00 102.95 0.00 Totals 0.00 977, ~~EMC~~035,212.85 ~~Mortgage~~13,747,170.16 ~~Corporation~~0.00 All distributions required by the Pooling and ~~JPMorgan~~Servicing ~~Chase~~Agreement ~~Bank,~~have asbeen ~~trustee~~calculated by the Certificate Administrator on behalf of the Trustee.

[8Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) I-KA-1 149,840,700.00 149,840,700.00 103,622.46 1,783,177.16 0.00 0.00 II-A-1 ~~PSA] Pursuant~~643,521,900.00 to643,521,900.00 ~~the requirements of~~317,164.84 ~~the Securities Exchange~~6,852,467.81 ~~Act~~0.00 of0.00 ~~1934~~II-A-3 94, ~~the Registrant has~~795,600.00 ~~duly caused this report to~~94,795,600.00 be98,840.30 ~~signed~~594,149.56 on0.00 ~~behalf~~0.00 ofM ~~the Registrant~~32,072,200.00 by32,072,200.00 ~~the~~18,764.44 ~~undersigned~~0.00 ~~thereunto~~0.00 ~~duly~~0.00 ~~authorized~~B-1 22,697,300. ~~STRUCTURED~~00 ~~ASSET~~22,697,300.00 ~~MORTGAGE INVESTMENTS~~13,279.48 II0.00 ~~INC~~0. ~~By: /s/ Baron~~00 ~~Silverstein Name: Baron~~0.00 ~~Silverstein Title:~~B-2 ~~Vice~~15,789,500.00 ~~President Dated:~~15,789,500.00 ~~August~~9,237.94 100.00 0.00 0.00 B-3 11,348,700.00 ~~2004~~ 11,348,700.00 6,639.77 0.00 0.00 0.00 B-4 6,907,900.00 6,907,900.00 4,041.60 0.00 0.00 0.00 B-5 5,921,000.00 5,921,000.00 3,464.19 0.00 0.00 0.00 B-6 3,947,572.00 3,947,572.00 2,309.60 0.00 0.00 0.00 R 100.00 100.00 5.49 94.51 0.00 0.00 Totals 986,842,472.00 986,842,472.00 577,370.11 9,229,889.04 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.

~~EXHIBIT~~Principal ~~INDEX Item~~Distribution ~~601~~Statement (acontinued) ~~of Sequentially Exhibit Regulation~~Total SEnding Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution I-~~K Numbered Number Exhibit~~A-1 No1,886,799. ~~Description Page~~ 62 147,953,900.38 0.98740796 1 ,886,799.62 II-A-1 7,169,632.65 636,352,267.35 0.98885876 7,169,632.65 II-A-3 692,989.86 94,102,610.14 0.99268964 692,989.86 M 18,764.44 32,053,435.56 0.99941493 18,764.44 B-1 13,279.48 22,684,020.52 0.99941493 13,279.48 B-2 9,237.94 15,780,262.06 0.99941493 9,237.94 B-3 6,639.77 11,342,060.23 0.99941493 6,639.77 B-4 ~~Pooling~~ ~~and~~4,041.60 ~~Servicing~~ 6,903,858.40 0.99941493 4,041.60 B-5 ~~Agreement~~ 3,464.19 5,917,535.81 0.99941493 3,464.19 B-6 2,309.60 3,945,262.40 0.99941493 2,309.60 R 100.00 0.00 0.00000000 100.00 Totals 9,807,259.15 977,035,212.85 0.99006198 9,807,259.15

~~EXHIBIT~~Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 149,840,700.00 1000.00000000 0.69155083 11.90048605 0.00000000 II-A-1 643,521,900.00 1000.00000000 0.49285788 10.64838323 0.00000000 II-A-3 94,795,600.00 1000.00000000 1.04266759 6.26769133 0.00000000 M 32,072,200.00 1000.00000000 0.58506869 0.00000000 0.00000000 B-1 22,697,300.00 1000.00000000 0.58506871 0.00000000 0.00000000 B-2 15,789,500.00 1000.00000000 0.58506856 0.00000000 0.00000000 B-3 11,348,700.00 1000.00000000 0.58506877 0.00000000 0.00000000 B-4 6,907,900.00 1000.00000000 0.58506927 0.00000000 0.00000000 B-5 5,921,000.00 1000.00000000 0.58506840 0.00000000 0.00000000 B-6 3,947,572.00 1000.00000000 0.58506849 0.00000000 0.00000000 R 100.00 1000.00000000 54.90000000 945.10000000 0.00000000

Filing Compare · STRUCTURED ASSET MORT INV II INC BEAR STEARNS ALT A TR 04 7