8-K 1 aeg0402.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 AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-110187-02 Pooling and Servicing Agreement) (Commission 54-2150537 (State or other File Number) 54-2150538 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 AEGIS ASSET BACKED SECURITIES TRUST, Mortgage Pass-Through Certificates, Series 2004-2 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 2004-2 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. AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-2 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 2004-2 Trust, relating to the August 25, 2004 distribution. EX-99.1

~~UNITED~~AEGIS ~~STATES~~Asset Backed Securities Trust Mortgage Pass-Through Certificates Record Date: 7/31/04 Distribution Date: 8/25/04 AEGIS Series: 2004-2 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 00764MBN6 SEN 1.75000% 163,864,318.70 238,968.79 4,246,087.34 A2 00764MBP1 SEN 1.61000% 197,299,633.89 264,710.34 6,628,438.57 A3 00764MBQ9 SEN 1.93000% 58,504,000.00 94,093.93 0.00 A4 00764MBR7 SEN 1.58000% 99,795,946.79 131,397.99 4,826,122.61 A5 00764MBS5 SEN 1.90000% 86,453,000.00 136,883.91 0.00 M1 00764MBT3 MEZ 2.05000% 52,000,000.00 88,833.33 0.00 M2 00764MBU0 MEZ 2.75000% 44,000,000.00 100,833.33 0.00 M3 00764MBV8 MEZ 3.05000% 14,000,000.00 35,583.33 0.00 B1 00764MBW6 SUB 3.45000% 10,000,000.00 28,750.00 0.00 B2 00764MBX4 SUB 3.70000% 12,000,000.00 37,000.00 0.00 B3 00764MBY2 SUB 5.20000% 12,000,000.00 52,000.00 0.00 X AEG04002X SEN 0.00000% 20,000,000.00 3,207,631.20 0.00 P AEG04002P SEN 0.00000% 100.00 243,999.00 0.00 R AEG0402R1 SEN 0.00000% 0.00 0.00 0.00 Totals 769,916,999.38 4,660,685.15 15,700,648.52

~~SECURITIES~~Certificateholder ~~AND~~Distribution ~~EXCHANGE~~Summary ~~COMMISSION~~(continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 159,618,231.36 4,485,056.13 0.00 A2 0.00 190,671,195.32 6,893,148.91 0.00 A3 0.00 58,504,000.00 94,093.93 0.00 A4 0.00 94,969,824.18 4,957,520.60 0.00 A5 0.00 86,453,000.00 136,883.91 0.00 M1 0.00 52,000,000.00 88,833.33 0.00 M2 0.00 44,000,000.00 100,833.33 0.00 M3 0.00 14,000,000.00 35,583.33 0.00 B1 0.00 10,000,000.00 28,750.00 0.00 B2 0.00 12,000,000.00 37,000.00 0.00 B3 0.00 12,000,000.00 52,000.00 0.00 X 0.00 20,000,000.00 3,207,631.20 0.00 P 0.00 100.00 243,999.00 0.00 R 0.00 0.00 0.00 0.00 Totals 0.00 754,216,350.86 20,361,333.67 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

~~Washington~~Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A1 172,000,000.00 D163,864,318.C70 0. ~~20549~~00 4,246,087.34 0.00 0.00 A2 210,000,000.00 197,299,633.89 0.00 6,628,438.57 0.00 0.00 A3 58,504,000.00 58,504,000.00 0.00 0.00 0.00 0.00 A4 109,043,000.00 99,795,946.79 0.00 4,826,122.61 0.00 0.00 A5 86,453,000.00 86,453,000.00 0.00 0.00 0.00 0.00 M1 52,000,000.00 52,000,000.00 0.00 0.00 0.00 0.00 M2 44,000,000.00 44,000,000.00 0.00 0.00 0.00 0.00 M3 14,000,000.00 14,000,000.00 0.00 0.00 0.00 0.00 B1 10,000,000.00 10,000,000.00 0.00 0.00 0.00 0.00 B2 12,000,000.00 12,000,000.00 0.00 0.00 0.00 0.00 B3 12,000,000.00 12,000,000.00 0.00 0.00 0.00 0.00 X 20,001,200.45 20,000,000.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Totals 800,001,300.45 769,916,999.38 0.00 15,700,648.52 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.

~~FORM~~Principal ~~8-K~~Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A1 4,246,087.34 159,618,231.36 0.92801297 4,246,087.34 A2 6,628,438.57 190,671,195.32 0.90795807 6,628,438.57 A3 0.00 58,504,000.00 1.00000000 0.00 A4 4,826,122.61 94,969,824.18 0.87093921 4,826,122.61 A5 0.00 86,453,000.00 1.00000000 0.00 M1 0.00 52,000,000.00 1.00000000 0.00 M2 0.00 44,000,000.00 1.00000000 0.00 M3 0.00 14,000,000.00 1.00000000 0.00 B1 0.00 10,000,000.00 1.00000000 0.00 B2 0.00 12,000,000.00 1.00000000 0.00 B3 0.00 12,000,000.00 1.00000000 0.00 X 0.00 20,000,000.00 0.99993998 0.00 P 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 15,700,648.52 754,216,350.86 0.94276891 15,700,648.52

~~CURRENT~~Principal ~~REPORT~~Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 172,000,000.00 952.69952733 0.00000000 24.68655430 0.00000000 A2 210,000,000.00 939.52206614 0.00000000 31.56399319 0.00000000 A3 58,504,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A4 109,043,000.00 915.19810341 0.00000000 44.25889429 0.00000000 A5 86,453,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M1 52,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 44,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 14,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 10,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B2 12,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B3 12,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 20,001,200.45 999.93998110 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000

~~PURSUANT~~Principal TODistribution ~~SECTION~~Factors 13Statement OR(continued) 15Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (d3) OFReduction ~~THE~~Balance Percentage Distribution A1 0.00000000 24.68655430 928.01297302 0.92801297 24.68655430 A2 0.00000000 31.56399319 907.95807295 0.90795807 31.56399319 A3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A4 0.00000000 44.25889429 870.93920912 0.87093921 44.25889429 A5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 999.93998110 0.99993998 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R 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.

~~SECURITIES~~Interest ~~EXCHANGE~~Distribution ~~ACT~~Statement OFBeginning ~~1934~~Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A1 172,000,000.00 1.75000% 163,864,318.70 238,968.80 0.00 0.00 A2 210,000,000.00 1.61000% 197,299,633.89 264,710.34 0.00 0.00 A3 58,504,000.00 1.93000% 58,504,000.00 94,093.93 0.00 0.00 A4 109,043,000.00 1.58000% 99,795,946.79 131,398.00 0.00 0.00 A5 86,453,000.00 1.90000% 86,453,000.00 136,883.92 0.00 0.00 M1 52,000,000.00 2.05000% 52,000,000.00 88,833.33 0.00 0.00 M2 44,000,000.00 2.75000% 44,000,000.00 100,833.33 0.00 0.00 M3 14,000,000.00 3.05000% 14,000,000.00 35,583.33 0.00 0.00 B1 10,000,000.00 3.45000% 10,000,000.00 28,750.00 0.00 0.00 B2 12,000,000.00 3.70000% 12,000,000.00 37,000.00 0.00 0.00 B3 12,000,000.00 5.20000% 12,000,000.00 52,000.00 0.00 0.00 X 20,001,200.45 0.00000% 20,000,000.00 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 800,001,300.45 1,209,054.98 0.00 0.00

~~Date~~Interest ofDistribution ~~Report~~Statement (~~Date~~continued) ofRemaining ~~earliest~~Ending ~~event~~Non-Supported ~~reported~~Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A1 0.00 0.00 238,968.79 0.00 159,618,231.36 A2 0.00 0.00 264,710.34 0.00 190,671,195.32 A3 0.00 0.00 94,093.93 0.00 58,504,000.00 A4 0.00 0.00 131,397.99 0.00 94,969,824.18 A5 0.00 0.00 136,883.91 0.00 86,453,000.00 M1 0.00 0.00 88,833.33 0.00 52,000,000.00 M2 0.00 0.00 100,833.33 0.00 44,000,000.00 M3 0.00 0.00 35,583.33 0.00 14,000,000.00 B1 0.00 0.00 28,750.00 0.00 10,000,000.00 B2 0.00 0.00 37,000.00 0.00 12,000,000.00 B3 0.00 0.00 52,000.00 0.00 12,000,000.00 X 0.00 0.00 3,207,631.20 0.00 20,000,000.00 P 0.00 0.00 243,999.00 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 4,660,685.15 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.

~~April~~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 172,000,000.00 1.75000% 952.69952733 1.38935349 0.00000000 0.00000000 A2 210,000,000.00 1.61000% 939.52206614 1.26052543 0.00000000 0.00000000 A3 58,504,000.00 1.93000% 1000.00000000 1.60833328 0.00000000 0.00000000 A4 109,043,000.00 1.58000% 915.19810341 1.20501087 0.00000000 0.00000000 A5 86,453,000.00 1.90000% 1000.00000000 1.58333337 0.00000000 0.00000000 M1 52,000,000.00 2.05000% 1000.00000000 1.70833327 0.00000000 0.00000000 M2 44,000,000.00 2.75000% 1000.00000000 2.29166659 0.00000000 0.00000000 M3 14,000,000.00 ~~2004~~3.05000% 1000.00000000 2.54166643 0.00000000 0.00000000 B1 10,000,000.00 3.45000% 1000.00000000 2.87500000 0.00000000 0.00000000 B2 12,000,000.00 3.70000% 1000.00000000 3.08333333 0.00000000 0.00000000 B3 12,000,000.00 5.20000% 1000.00000000 4.33333333 0.00000000 0.00000000 X 20,001,200.45 0.00000% 999.93998110 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 denomination.

~~AEGIS~~Interest ~~ASSET~~Distribution ~~BACKED~~Factors ~~SECURITIES~~Statement ~~CORPORATION~~(continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (as6) ~~Depositor~~Distribution ~~under~~Shortfall ~~the~~Balance ~~Pooling~~A1 ~~and~~0.00000000 ~~Servicing~~0.00000000 ~~Agreement~~1.38935343 ~~dated~~0.00000000 as928.01297302 ofA2 ~~April~~0.00000000 0.00000000 1,.26052543 ~~2004,~~0.00000000 ~~providing~~907.95807295 ~~for~~A3 ~~the~~0.00000000 ~~issuance~~0.00000000 of1.60833328 ~~Mortgage~~0.00000000 ~~Pass-Through~~1000.00000000 ~~Certificates,~~A4 ~~Series~~0.00000000 ~~2004-~~0.00000000 1.20501078 0.00000000 870.93920912 A5 0.00000000 0.00000000 1.58333326 0.00000000 1000.00000000 M1 0.00000000 0.00000000 1.70833327 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.29166659 0.00000000 1000.00000000 M3 0.00000000 0.00000000 2.54166643 0.00000000 1000.00000000 B1 0.00000000 0.00000000 2.87500000 0.00000000 1000.00000000 B2 0.00000000 0.00000000 3.08333333 0.00000000 1000.00000000 B3 0.00000000 0.00000000 4.33333333 0.00000000 1000.00000000 X 0.00000000 0.00000000 160.37193408 0.00000000 999.93998110 P 0.00000000 0.00000000 2439990.00000000 0.00000000 1000.00000000 R 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.

~~Aegis~~CERTIFICATEHOLDER ~~Asset~~ACCOUNT ~~Backed~~STATEMENT ~~Securities~~CERTIFICATE ~~Corporation~~ ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 20,403,916.13 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 193,517.16 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 243,999.00 Total Deposits 20,841,432.29 Withdrawals Reimbursement for Servicer Advances 132,673.60 Payment of Service Fee 347,425.02 Payment of Interest and Principal 20,361,333.67 Total Withdrawals (Pool Distribution Amount) 20,841,432.29 Ending Balance 0.00

~~(Exact~~PREPAYMENT/CURTAILMENT ~~Name~~INTEREST ofSHORTFALL ~~Registrant~~Total asPrepayment/Curtailment ~~Specified~~Interest inShortfall ~~its~~0.00 ~~Charter)~~Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00

Delaware	333-110187	43-1964014
(State or Other Jurisdiction Of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

~~3250~~OTHER ~~Briarpark,~~ACCOUNTS ~~Suite~~Beginning ~~400,~~Current ~~Houston~~Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 ~~Texas~~0.69 ~~(Address~~0.69 of1,000.00 ~~Principal~~Financial ~~Executive~~Guaranty ~~Offices)~~0.00 ~~77042~~0.00 ~~(Zip~~0.00 ~~Code)~~0.00

~~Registrant’s~~LOAN ~~telephone~~STATUS ~~number~~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 4 0 0 4 617,002.71 ~~including~~0.00 ~~area~~0.00 ~~code: 800~~617,002.71 30 Days 116 0 0 0 116 13,922,847.39 0.00 0.00 0.00 13,922,847.39 60 Days 56 1 2 0 59 8,315,056.23 75,444.63 139,986.19 0.00 8,530,487.05 90 Days 27 0 0 0 27 3,562,884.88 0.00 0.00 0.00 3,562,884.88 120 Days 1 0 7 0 8 193,390.94 0.00 984,964.88 0.00 1,178,355.82 150 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 200 5 9 0 214 25,994,179.44 692,447.34 1,124,951.07 0.00 27,811,577.85 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-~~991-5625~~29 Days 0.069626% 0.000000% 0.000000% 0.069626% 0.081774% 0.000000% 0.000000% 0.081774% 30 Days 2.019147% 0.000000% 0.000000% 0.000000% 2.019147% 1.845247% 0.000000% 0.000000% 0.000000% 1.845247% 60 Days 0.974761% 0.017406% 0.034813% 0.000000% 1.026980% 1.102025% 0.009999% 0.018553% 0.000000% 1.130577% 90 Days 0.469974% 0.000000% 0.000000% 0.000000% 0.469974% 0.472202% 0.000000% 0.000000% 0.000000% 0.472202% 120 Days 0.017406% 0.000000% 0.121845% 0.000000% 0.139252% 0.025631% 0.000000% 0.130541% 0.000000% 0.156172% 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 3.481288% 0.087032% 0.156658% 0.000000% 3.724978% 3.445106% 0.091773% 0.149094% 0.000000% 3.685972%

NoOTHER ~~Change~~ INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 193,517.16

COLLATERAL STATEMENT Collateral Description Fixed Mixed & ARM & Balloon Weighted Average Gross Coupon 7.421004% Weighted Average Net Coupon 6.921004% Weighted Average Pass-Through Rate 6.883889% Weighted Average Maturity(~~Former~~Stepdown ~~Name~~Calculation or) ~~Former~~343 ~~Address~~Beginning Scheduled Collateral Loan Count 5,845 ifNumber ~~Changed~~Of ~~Since~~Loans ~~Last~~Paid ~~Report)~~In Full 100 Ending Scheduled Collateral Loan Count 5,745 Beginning Scheduled Collateral Balance 769,916,899.38 Ending Scheduled Collateral Balance 754,216,250.86 Ending Actual Collateral Balance at 31-Jul-2004 754,524,872.98 Monthly P &I Constant 5,501,319.96 Special Servicing Fee 0.00 Prepayment Penalties 243,999.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 754,216,250.86 Scheduled Principal 740,023.15 Unscheduled Principal 14,960,625.37 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 20,000,000.00 Overcollateralized Amount 20,000,000.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 3,207,630.49

~~Item~~Miscellaneous 5Reporting LIBOR Index Rate 1. ~~Other~~450000% ~~Events~~Overcollateralization Deficiency Amount 0.00

The Registrant registered issuances of Mortgage Pass-Through Certificates, on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, as amended (the “Act”), by a Registration Statement on Form S-3 (Registration File No. 333-110187) (the “Registration Statement”). Pursuant to the Registration Statement, the Registrant issued $780,000,000 in aggregate principal amount of Class A1, Class A2, Class A3, Class A4, Class A5, Class M1, Class M2, Class M3, Class B1, Class B2 and Class B3 of its Mortgage Pass-Through Certificates, Series 2004-2 on April 14, 2004. This Current Report on Form 8-K is being filed to satisfy an undertaking, contained in the definitive Prospectus dated April 7, 2004, as supplemented by the Prospectus Supplement dated April 7, 2004 (collectively, the “Prospectus”), to file a copy of the Pooling and Servicing Agreement (as defined below) and other operative agreements executed in connection with the issuance of the Certificates, a form of which was filed as an exhibit to the Registration Statement.

The Certificates were issued pursuant to a Pooling and Servicing Agreement (the “Pooling and Servicing Agreement”), attached hereto as Exhibit 4.1, dated as of April 1, 2004, among Aegis Asset Backed Securities Corporation, as depositor, Aegis Mortgage Corporation, as seller, Wells Fargo Bank, N.A., as master servicer, securities administrator and custodian, Ocwen Federal Bank FSB, as servicer, EMC Mortgage Corporation, as back-up servicer, The Murrayhill Company, as credit risk manager, and Wachovia Bank, National Association, as trustee. The “Certificates” consist of the following classes: Class A1, Class A2, Class A3, Class A4, Class A5, Class M1, Class M2, Class M3, Class B1, Class B2, Class B3, Class P, Class X and Class R. The Certificates evidence all of the beneficial ownership interest in a trust fund (the “Trust Fund”), the assets of which consist primarily of a pool of certain first and second lien, fixed and adjustable rate, fully amortizing and balloon, residential mortgage loans (the “Mortgage Loans”) with an aggregate outstanding principal balance of $800,001,300.45 as of April 1, 2004, together with certain other assets. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to them in the Pooling and Servicing Agreement.

Item 7. Financial Statements; Pro Forma Financial Information and Exhibits

(a)

Not applicable.

(b)

Not applicable.

(c)

Exhibits:

4.1

Pooling and Servicing Agreement dated as of April 1, 2004, among Aegis Asset Backed Securities Corporation, as depositor, Aegis Mortgage Corporation, as seller, Wells Fargo Bank, N.A., as master servicer, securities administrator and custodian, Ocwen Federal Bank FSB, as servicer, EMC Mortgage Corporation, as back-up servicer, The Murrayhill Company, as credit risk manager, and Wachovia Bank, National Association, as trustee.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

AEGIS ASSET BACKED SECURITIES CORPORATION

By: /s/ Stuart D. Marvin

Name: Stuart D. Marvin Title: Executive Vice President

Dated: April 14, 2004

EXHIBIT INDEX

Exhibit No.

Description

4.1

Filing Compare · AEGIS ASSET BACKED SEC CORP MORT PAS THR CERT SERIES 2004 2