8-K 1 sam04ar2_sep.txt SEPTEMBER 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): September 20, 2004 STRUCTURED ASSET MORTGAGE INVESTMENTS II INC. Mortgage Pass-Through Certificates, Series 2004-AR2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106323-24 54-2152452 Pooling and Servicing Agreement) (Commission 54-2152453 (State or other File Number) 54-2152454 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 September 20, 2004 a distribution was made to holders of STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., Mortgage Pass-Through Certificates, Series 2004-AR2 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-AR2 Trust, relating to the September 20, 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. STRUCTURED ASSET MORTGAGE INVESTMENTS II INC. Mortgage Pass-Through Certificates, Series 2004-AR2 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: 9/22/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-AR2 Trust, relating to the September 20, 2004 distribution. EX-99.1

Structured Asset Mortgage Investments II Inc. Mortgage Pass-Through Certificates Record Date: 48/3031/042004 Distribution Date: 59/1920/042004 SAM Series: 2004-AR2 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 I-A 86359LBL2 SEN 1.~~39000~~89000% ~~421~~400,~~746~~743,~~500~~146.0044 ~~309~~631,~~397~~170.9347 17,~~987~~879,~~926~~237.8380 II-A 86359LBM0 SEN 3.~~49700~~61986% 8985,~~671~~014,~~000~~697.0045 ~~261~~256,~~316~~451.2540 ~~599~~1,~~833~~513,994.9513 III-A 86359LBN8 SEN 4.~~29100~~28762% 3630,~~446~~212,~~700~~899.0045 ~~130~~107,~~327~~951.3312 1541,~~007,363~~389.7738 X 86359LBP3 SUB 1.~~57600~~31576% 0.00 ~~816~~490,~~831~~231.7155 0.00 M 86359LBT5 MEZ 12.~~55000~~05000% 26,~~189~~188,~~100~~485.0014 2144,~~424~~738.1466 ~~172~~94.6457 B-1 86359LBU2 SUB 12.~~70000~~20000% 9,030,~~800~~587.0098 816,~~102~~556.6308 5932.5361 B-2 86359LBV0 SUB 2.~~30000~~80000% 6,622,~~500~~344.0052 815,~~038~~452.9814 4323.6691 B-3 86359LBW8 SUB 23.~~60000~~10000% 4,515,~~400~~293.0099 611,~~196~~664.1351 2916.7730 B-4 86359LBH1 SUB 3.~~15900~~36666% 2,107,~~100~~050.0053 5,~~546~~911.9444 137.8961 B-5 86359LBJ7 SUB 3.~~15900~~36666% 1,806,~~200~~157.0059 45,~~754~~067.8227 116.9152 B-6 86359LBK4 SUB 3.~~15900~~36666% 3,913,~~355~~263.0012 10,~~301~~978.9187 2514.8013 R-I 86359LBQ1 RES 2.~~98900~~95053% 500.00 0.1200 500.00 R-II 86359LBR9 RES 2.~~98900~~95053% 500.00 0.1200 500.00 R-III 86359LBS7 RES 2.~~98900~~95053% 500.00 0.1200 500.00 Totals ~~602~~570,~~048~~153,~~805~~926.0021 1,~~582~~596,~~239~~173.1351 39,~~595~~934,~~631~~816.7596

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 ~~419~~392,~~758~~863,~~573~~908.1764 28,~~297~~510,~~324~~408.7627 0.00 II-A 0.00 8983,~~071~~500,~~166~~703.0532 ~~861~~1,~~150~~770,445.2053 0.00 III-A 0.00 3529,~~439~~671,~~336~~510.2307 1649,~~137,691~~340.1050 0.00 X 0.00 0.00 ~~816~~490,~~831~~231.7155 0.00 M 0.00 26,188,~~927~~390.3657 2144,~~596~~833.7823 0.00 B-1 0.00 9,030,~~740~~555.4737 816,~~162~~588.1669 0.00 B-2 0.00 6,622,~~456~~320.3461 815,~~082~~476.6405 0.00 B-3 0.00 4,515,~~370~~277.2368 611,~~225~~680.9081 0.00 B-4 0.00 2,107,~~086~~042.1192 5,~~560~~919.8305 0.00 B-5 0.00 1,806,~~188~~151.0907 45,~~766~~073.7379 0.00 B-6 0.00 3,913,~~329~~248.2099 10,~~327~~993.7100 0.00 R-I 0.00 0.00 500.1200 0.00 R-II 0.00 0.00 500.1200 0.00 R-III 0.00 0.00 500.1200 0.00 Totals 0.00 ~~598~~560,~~453~~219,~~173~~109.2524 511,~~177~~530,~~870~~990.8847 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) I-A 421,746,500.00 ~~421~~400,~~746~~743,~~500~~146.0044 ~~885~~398.5800 17,~~987~~878,~~041~~839.2580 0.00 0.00 II-A 89,671,000.00 8985,~~671~~014,~~000~~697.0045 0.00 ~~599~~1,~~833~~513,994.9513 0.00 0.00 III-A 36,446,700.00 3630,~~446~~212,~~700~~899.0045 21,~~725~~293.8507 1540,~~004,637~~096.9231 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 0.00 M 26,189,100.00 26,~~189~~188,~~100~~485.0014 ~~172~~94.6457 0.00 0.00 0.00 B-1 9,030,800.00 9,030,~~800~~587.0098 5932.5361 0.00 0.00 0.00 B-2 6,622,500.00 6,622,~~500~~344.0052 4323.6691 0.00 0.00 0.00 B-3 4,515,400.00 4,515,~~400~~293.0099 2916.7730 0.00 0.00 0.00 B-4 2,107,100.00 2,107,~~100~~050.0053 137.8961 0.00 0.00 0.00 B-5 1,806,200.00 1,806,~~200~~157.0059 116.9152 0.00 0.00 0.00 B-6 3,913,355.00 3,913,~~355~~263.0012 2514.8013 0.00 0.00 0.00 R-I 50.00 500.00 0.0200 490.9800 0.00 0.00 R-II 50.00 500.00 0.0200 490.9800 0.00 0.00 R-III 50.00 500.00 0.0200 490.9800 0.00 0.00 Totals 602,048,805.00 ~~602~~570,~~048~~153,~~805~~926.0021 31,~~968~~886.6972 39,~~591~~932,~~663~~930.0624 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 I-A 17,~~987~~879,~~926~~237.8380 ~~419~~392,~~758~~863,~~573~~908.1764 0.~~99528644~~93151670 17,~~987~~879,~~926~~237.8380 II-A ~~599~~1,~~833~~513,994.9513 8983,~~071~~500,~~166~~703.0532 0.~~99331073~~93118961 ~~599~~1,~~833~~513,994.9513 III-A 1541,~~007,363~~389.7738 3529,~~439~~671,~~336~~510.2307 0.~~97236063~~81410690 1541,~~007,363~~389.7738 X 0.00 0.00 0.00000000 0.00 M ~~172~~94.6457 26,188,~~927~~390.3657 0.~~99999341~~99997291 ~~172~~94.6457 B-1 5932.5361 9,030,~~740~~555.4737 0.~~99999341~~99997291 5932.5361 B-2 4323.6691 6,622,~~456~~320.3461 0.~~99999341~~99997291 4323.6691 B-3 2916.7730 4,515,~~370~~277.2368 0.~~99999341~~99997291 2916.7730 B-4 137.8961 2,107,~~086~~042.1192 0.~~99999341~~99997291 137.8961 B-5 116.9152 1,806,~~188~~151.0907 0.~~99999341~~99997291 116.9152 B-6 2514.8013 3,913,~~329~~248.2099 0.~~99999341~~99997291 2514.8013 R-I 500.00 0.00 0.00000000 500.00 R-II 500.00 0.00 0.00000000 500.00 R-III 500.00 0.00 0.00000000 500.00 Totals 39,~~595~~934,~~631~~816.7596 ~~598~~560,~~453~~219,~~173~~109.2524 0.~~99402767~~93052109 39,~~595~~934,~~631~~816.7596

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 421,746,500.00 ~~1000~~950.~~00000000~~19910406 0.~~00209979~~00094369 418.~~71145878~~68145865 0.00000000 II-A 89,671,000.00 ~~1000~~948.~~00000000~~07348474 0.00000000 616.~~68927468~~88387695 0.00000000 III-A 36,446,700.00 ~~1000~~828.~~00000000~~96118030 0.~~07479004~~03547838 2714.~~56457841~~81879868 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 M 26,189,100.00 ~~1000~~999.~~00000000~~97652229 0.~~00659206~~00361104 0.00000000 0.00000000 B-1 9,030,800.00 ~~1000~~999.~~00000000~~97652257 0.~~00659189~~00361098 0.00000000 0.00000000 B-2 6,622,500.00 ~~1000~~999.~~00000000~~97652246 0.~~00659268~~00361042 0.00000000 0.00000000 B-3 4,515,400.00 ~~1000~~999.~~00000000~~97652257 0.~~00659299~~00360987 0.00000000 0.00000000 B-4 2,107,100.00 ~~1000~~999.~~00000000~~97652223 0.~~00659200~~00361160 0.00000000 0.00000000 B-5 1,806,200.00 ~~1000~~999.~~00000000~~97651977 0.~~00659395~~00360979 0.00000000 0.00000000 B-6 3,913,355.00 ~~1000~~999.~~00000000~~97652142 0.~~00659281~~00361071 0.00000000 0.00000000 R-I 50.00 ~~1000~~0.00000000 0.~~40000000~~00000000 ~~999~~0.~~60000000~~00000000 0.00000000 R-II 50.00 ~~1000~~0.00000000 0.~~40000000~~00000000 ~~999~~0.~~60000000~~00000000 0.00000000 R-III 50.00 ~~1000~~0.00000000 0.~~40000000~~00000000 ~~999~~0.~~60000000~~00000000 0.00000000 (2) All Classes are per $1,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A 0.00000000 418.~~71355857~~68240234 ~~995~~931.~~28644143~~51670172 0.~~99528644~~93151670 418.~~71355857~~68240234 II-A 0.00000000 616.~~68927468~~88387695 ~~993~~931.~~31072532~~18960779 0.~~99331073~~93118961 616.~~68927468~~88387695 III-A 0.00000000 2714.~~63936845~~85427707 ~~972~~814.~~36063155~~10690323 0.~~97236063~~81410690 2714.~~63936845~~85427707 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M 0.00000000 0.~~00659206~~00361104 999.~~99340794~~97291125 0.~~99999341~~99997291 0.~~00659206~~00361104 B-1 0.00000000 0.~~00659189~~00361098 999.~~99340811~~97291159 0.~~99999341~~99997291 0.~~00659189~~00361098 B-2 0.00000000 0.~~00659268~~00361042 999.~~99340732~~97291204 0.~~99999341~~99997291 0.~~00659268~~00361042 B-3 0.00000000 0.~~00659299~~00360987 999.~~99340701~~97291048 0.~~99999341~~99997291 0.~~00659299~~00360987 B-4 0.00000000 0.~~00659200~~00361160 999.~~99340800~~97291064 0.~~99999341~~99997291 0.~~00659200~~00361160 B-5 0.00000000 0.~~00659395~~00360979 999.~~99340605~~97290998 0.~~99999341~~99997291 0.~~00659395~~00360979 B-6 0.00000000 0.~~00659281~~00361071 999.~~99340719~~97291071 0.~~99999341~~99997291 0.~~00659281~~00361071 R-I 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~0.00000000 R-II 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~0.00000000 R-III 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~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.

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 I-A 421,746,500.00 1.~~39000~~89000% ~~421~~400,~~746~~743,~~500~~146.0044 ~~309~~631,~~397~~170.9246 0.00 0.00 II-A 89,671,000.00 3.~~49700~~61986% 8985,~~671~~014,~~000~~697.0045 ~~261~~256,~~316~~451.2439 0.00 0.00 III-A 36,446,700.00 4.~~29100~~28762% 3630,~~446~~212,~~700~~899.0045 ~~130~~107,~~327~~951.3212 0.00 0.00 X 0.00 1.~~57600~~31576% ~~468~~447,~~104~~099,~~300~~858.0006 ~~614~~490,~~776~~231.9854 0.00 0.00 M 26,189,100.00 12.~~55000~~05000% 26,~~189~~188,~~100~~485.0014 2144,~~424~~738.1466 0.00 0.00 B-1 9,030,800.00 12.~~70000~~20000% 9,030,~~800~~587.0098 816,~~102~~556.6308 0.00 0.00 B-2 6,622,500.00 2.~~30000~~80000% 6,622,~~500~~344.0052 815,~~038~~452.9814 0.00 0.00 B-3 4,515,400.00 23.~~60000~~10000% 4,515,~~400~~293.0099 611,~~196~~664.1351 0.00 0.00 B-4 2,107,100.00 3.~~15900~~36666% 2,107,~~100~~050.0053 5,~~546~~911.9444 0.00 0.00 B-5 1,806,200.00 3.~~15900~~36666% 1,806,~~200~~157.0059 45,~~754~~067.8227 0.00 0.00 B-6 3,913,355.00 3.~~15900~~36666% 3,913,~~355~~263.0012 10,~~301~~978.9187 0.00 0.00 R-I 50.00 2.~~98900~~95053% 500.00 0.1200 0.00 0.00 R-II 50.00 2.~~98900~~95053% 500.00 0.1200 0.00 0.00 R-III 50.00 2.~~98900~~95053% 500.00 0.1200 0.00 0.00 Totals 602,048,805.00 1,~~380~~596,~~184~~173.3748 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 I-A (0.0001) 0.00 ~~309~~631,~~397~~170.9347 0.00 ~~419~~392,~~758~~863,~~573~~908.1764 II-A 0.00 0.00 ~~261~~256,~~316~~451.2540 0.00 8983,~~071~~500,~~166~~703.0532 III-A 0.00 0.00 ~~130~~107,~~327~~951.3312 0.00 3529,~~439~~671,~~336~~510.2307 X (0.0001) 0.00 ~~816~~490,~~831~~231.7155 0.00 ~~466~~439,~~116~~220,~~067~~452.5887 M 0.00 0.00 2144,~~424~~738.1466 0.00 26,188,~~927~~390.3657 B-1 0.00 0.00 816,~~102~~556.6308 0.00 9,030,~~740~~555.4737 B-2 0.00 0.00 815,~~038~~452.9814 0.00 6,622,~~456~~320.3461 B-3 0.00 0.00 611,~~196~~664.1351 0.00 4,515,~~370~~277.2368 B-4 0.00 0.00 5,~~546~~911.9444 0.00 2,107,~~086~~042.1192 B-5 0.00 0.00 45,~~754~~067.8227 0.00 1,806,~~188~~151.0907 B-6 0.00 0.00 10,~~301~~978.9187 0.00 3,913,~~329~~248.2099 R-I 0.00 0.00 0.1200 0.00 0.00 R-II 0.00 0.00 0.1200 0.00 0.00 R-III 0.00 0.00 0.1200 0.00 0.00 Totals (0.0002) 0.00 1,~~582~~596,~~239~~173.1351 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.

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 I-A 421,746,500.00 1.~~39000~~89000% ~~1000~~950.~~00000000~~19910406 01.~~73361111~~49656360 0.00000000 0.00000000 II-A 89,671,000.00 3.~~49700~~61986% ~~1000~~948.~~00000000~~07348474 2.~~91416668~~85991447 0.00000000 0.00000000 III-A 36,446,700.00 4.~~29100~~28762% ~~1000~~828.~~00000000~~96118030 32.~~57583320~~96189010 0.00000000 0.00000000 X 0.00 1.~~57600~~31576% ~~1000~~955.~~00000000~~12871396 1.~~31333333~~04726989 0.00000000 0.00000000 M 26,189,100.00 12.~~55000~~05000% ~~1000~~999.~~00000000~~97652229 01.~~81805560~~70829314 0.00000000 0.00000000 B-1 9,030,800.00 12.~~70000~~20000% ~~1000~~999.~~00000000~~97652257 01.~~89722173~~83329052 0.00000000 0.00000000 B-2 6,622,500.00 2.~~30000~~80000% ~~1000~~999.~~00000000~~97652246 12.~~21388901~~33327897 0.00000000 0.00000000 B-3 4,515,400.00 23.~~60000~~10000% ~~1000~~999.~~00000000~~97652257 12.~~37222173~~58327280 0.00000000 0.00000000 B-4 2,107,100.00 3.~~15900~~36666% ~~1000~~999.~~00000000~~97652223 2.~~63249964~~80548621 0.00000000 0.00000000 B-5 1,806,200.00 3.~~15900~~36666% ~~1000~~999.~~00000000~~97651977 2.~~63249917~~80548666 0.00000000 0.00000000 B-6 3,913,355.00 3.~~15900~~36666% ~~1000~~999.~~00000000~~97652142 2.~~63250076~~80548787 0.00000000 0.00000000 R-I 50.00 2.~~98900~~95053% ~~1000~~0.00000000 20.~~40000000~~00000000 0.00000000 0.00000000 R-II 50.00 2.~~98900~~95053% ~~1000~~0.00000000 20.~~40000000~~00000000 0.00000000 0.00000000 R-III 50.00 2.~~98900~~95053% ~~1000~~0.00000000 20.~~40000000~~00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance I-A (0.~~00000000~~00000002) 0.00000000 01.~~73361114~~49656362 0.00000000 ~~995~~931.~~28644143~~51670172 II-A 0.00000000 0.00000000 2.~~91416679~~85991458 0.00000000 ~~993~~931.~~31072532~~18960779 III-A 0.00000000 0.00000000 32.~~57583348~~96189010 0.00000000 ~~972~~814.~~36063155~~10690323 X (0.~~00000000~~00000002) 0.00000000 1.~~74497801~~04726991 0.00000000 ~~995~~938.~~75258672~~29612945 M 0.00000000 0.00000000 01.~~81805560~~70829314 0.00000000 999.~~99340794~~97291125 B-1 0.00000000 0.00000000 01.~~89722173~~83329052 0.00000000 999.~~99340811~~97291159 B-2 0.00000000 0.00000000 12.~~21388901~~33327897 0.00000000 999.~~99340732~~97291204 B-3 0.00000000 0.00000000 12.~~37222173~~58327280 0.00000000 999.~~99340701~~97291048 B-4 0.00000000 0.00000000 2.~~63249964~~80548621 0.00000000 999.~~99340800~~97291064 B-5 0.00000000 0.00000000 2.~~63249917~~80548666 0.00000000 999.~~99340605~~97290998 B-6 0.00000000 0.00000000 2.~~63250076~~80548787 0.00000000 999.~~99340719~~97291071 R-I 0.00000000 0.00000000 20.~~40000000~~00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 20.~~40000000~~00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 20.~~40000000~~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.

Certificateholder Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage X-I 1.~~57600~~34326% ~~421~~400,~~746~~743,~~500~~146.0044 ~~419~~392,~~758~~863,~~573~~908.1764 0.00 0.00 9993.~~52864414~~15167017% X-II 1.~~57600~~07803% 46,~~357~~356,~~800~~711.0062 46,~~357~~356,~~494~~544.4123 0.00 0.00 99.~~99934080~~99729114%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 511,~~364~~714,~~719~~176.7671 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 922,~~488~~431.6171 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 511,~~374~~736,~~208~~608.3742 Withdrawals Reimbursement for Servicer Advances 019,646.0047 Payment of Service Fee ~~196~~185,~~337~~971.4948 Payment of Interest and Principal 511,~~177~~530,~~870~~990.8847 Total Withdrawals (Pool Distribution Amount) 511,~~374~~736,~~208~~608.3742 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 8176,~~684~~247.6872 Additional Servicing Fee ~~113~~108,~~398~~535.5689 Master Servicing Fee 1,~~254~~187.2587 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~196~~185,~~337~~971.4948

LOAN STATUS 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1025 0 0 0 1025 37,~~203~~246,~~851~~426.8767 0.00 0.00 0.00 37,~~203~~246,~~851~~426.8767 60 Days 02 0 0 0 02 0274,450.00 0.00 0.00 0.00 0274,450.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 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 1027 0 0 0 1027 37,~~203~~520,~~851~~876.8767 0.00 0.00 0.00 37,~~203~~520,~~851~~876.8767 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 01.~~450857~~179802% 0.000000% 0.000000% 0.000000% 01.~~450857~~179802% 01.~~535322~~293498% 0.000000% 0.000000% 0.000000% 01.~~535322~~293498% 60 Days 0.~~000000~~094384% 0.000000% 0.000000% 0.000000% 0.~~000000~~094384% 0.~~000000~~048990% 0.000000% 0.000000% 0.000000% 0.~~000000~~048990% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 01.~~450857~~274186% 0.000000% 0.000000% 0.000000% 01.~~450857~~274186% 01.~~535322~~342488% 0.000000% 0.000000% 0.000000% 01.~~535322~~342488%

~~DELINQUENT~~Delinquency ~~BANKRUPTCY~~Status ~~FORECLOSURE~~By ~~REO~~Groups Total Group I 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 0 0 0 0.00 0.00 0.00 0.00 30 Days 6 0 0 0 6 1,850,551.87 0.00 0.00 0.00 1,850,551.87 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 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 6 0 0 0 6 1,850,551.87 0.00 0.00 0.00 1,850,551.87 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.361664% 0.000000% 0.000000% 0.000000% 0.361664% 0.401006% 0.000000% 0.000000% 0.000000% 0.401006% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.361664% 0.000000% 0.000000% 0.000000% 0.361664% 0.401006% 0.000000% 0.000000% 0.000000% 0.401006% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group III 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 0 0 0 0.00 0.00 0.00 0.00 30 Days 117 0 0 0 117 ~~106~~5,~~800~~535,124.0044 0.00 0.00 0.00 ~~106~~5,~~800~~535,124.0044 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 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 1 0 0 0 1 ~~106~~108,~~800~~200.00 0.00 0.00 0.00 ~~106~~108,~~800~~200.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.233100% 0.000000% 0.000000% 0.000000% 0.233100% 0.109015% 0.000000% 0.000000% 0.000000% 0.109015% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0~~.000000%~~ 0~~.000000%~~ 0~~.000000%~~ 0~~.000000%~~ 0~~.000000%~~ 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.233100% 0.000000% 0.000000% 0.000000% 0.233100% 0.109015% 0.000000% 0.000000% 0.000000% 0.109015% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group III 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 0 0 0 0.00 0.00 0.00 0.00 ~~30 Days 3~~ 0 ~~0 0 3 1,246,500~~.00 ~~0.00 0.00 0.00 1,246,500.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00~~ 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 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 318 0 0 0 318 15,~~246~~643,~~500~~324.0044 0.00 0.00 0.00 15,~~246~~643,~~500~~324.0044 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 21.~~307692~~069182% 0.000000% 0.000000% 0.000000% 21.~~307692~~069182% 31.~~192429~~273687% 0.000000% 0.000000% 0.000000% 31.~~192429~~273687% 60 Days 0.~~000000~~062893% 0.000000% 0.000000% 0.000000% 0.~~000000~~062893% 0.~~000000~~024898% 0.000000% 0.000000% 0.000000% 0.~~000000~~024898% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 21.~~307692~~132075% 0.000000% 0.000000% 0.000000% 21.~~307692~~132075% 31.~~192429~~298585% 0.000000% 0.000000% 0.000000% 31.~~192429~~298585%

~~OTHER~~DELINQUENT ~~INFORMATION~~BANKRUPTCY ~~Current~~FORECLOSURE ~~Period~~REO ~~Class~~Total AGroup ~~Insufficient~~II ~~Funds~~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 0 0 0 0.00 ~~Principal~~0.00 ~~Balance~~0.00 of0.00 ~~Contaminated~~30 ~~Properties~~Days 8 0 0 0 8 1,711,302.23 0.00 ~~Periodic~~0.00 ~~Advance~~0.00 1,711,302.23 60 Days 1 0 0 0 1 166,250.00 0.00 0.00 0.00 166,250.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 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 9 0 0 0 9 1,~~488~~877,552.6123 0.00 0.00 0.00 1,877,552.23 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.937046% 0.000000% 0.000000% 0.000000% 1.937046% 1.852674% 0.000000% 0.000000% 0.000000% 1.852674% 60 Days 0.242131% 0.000000% 0.000000% 0.000000% 0.242131% 0.179984% 0.000000% 0.000000% 0.000000% 0.179984% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 2.179177% 0.000000% 0.000000% 0.000000% 2.179177% 2.032658% 0.000000% 0.000000% 0.000000% 2.032658%

~~COLLATERAL~~DELINQUENT ~~STATEMENT~~BANKRUPTCY ~~Collateral~~FORECLOSURE ~~Description~~REO ~~Mixed~~Total ~~ARM~~Group ~~Weighted~~III ~~Average~~No ~~Gross~~of ~~Coupon~~Loans ~~3.545048%~~No ~~Weighted~~of ~~Average~~Loans ~~Net~~No ~~Coupon~~of ~~3.382235%~~Loans ~~Weighted~~No ~~Average~~of ~~Pass~~Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-~~Through~~29 ~~Rate~~Days ~~3.153709%~~0 ~~Weighted~~0 ~~Average~~0 ~~Maturity(Stepdown~~0 ~~Calculation~~0.00 )0.00 ~~340~~0.00 ~~Beginning~~0.00 ~~Scheduled~~30 ~~Collateral~~Days ~~Loan~~0 ~~Count~~0 ~~2,228~~0 ~~Number~~0 Of0 ~~Loans~~0.00 ~~Paid~~0.00 In0.00 ~~Full~~0.00 100.00 ~~Ending~~60 ~~Scheduled~~Days ~~Collateral~~0 ~~Loan~~0 ~~Count~~0 ~~2,218~~0 ~~Beginning~~0 ~~Scheduled~~0.00 ~~Collateral~~0.00 ~~Balance~~0.00 ~~602,048,805~~0.00 ~~Ending~~0.00 ~~Scheduled~~90 ~~Collateral~~Days ~~Balance~~0 ~~598,453,173~~0 0 0 0 0.6100 ~~Ending~~0.00 ~~Actual~~0.00 ~~Collateral~~0.00 ~~Balance~~0.00 at120 ~~30-Apr-2004~~Days ~~598,491,139~~0 0 0 0 0 0.9100 ~~Monthly~~0.00 P0.00 &I0.00 ~~Constant~~0.00 ~~1,782,545~~150 Days 0 0 0 0 0 0.3000 ~~Special~~0.00 ~~Servicing~~0.00 ~~Fee~~0.00 0.00 ~~Prepayment~~180 ~~Penalties~~Days 0 0 0 0 0 0.00 ~~Realized~~0.00 ~~Loss~~0.00 ~~Amount~~0.00 0.00 ~~Cumulative~~Totals ~~Realized~~0 ~~Loss~~0 0 0 0 0.00 ~~Ending~~0.00 ~~Scheduled~~0.00 ~~Balance~~0.00 ~~for~~0.00 ~~Premium~~0-29 ~~Loans~~Days ~~598,453,173~~0.61000000% ~~Scheduled~~0.000000% ~~Principal~~0.000000% ~~3,968~~0.68000000% ~~Unscheduled~~0.000000% ~~Principal~~0.000000% ~~3,591,663~~0.05000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%

~~Group~~OTHER ~~Level~~INFORMATION ~~Collateral~~Current ~~Statement~~Period ~~Group~~Class ~~Group~~A IInsufficient ~~Group~~Funds II Group III Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 3.377379 3.877010 4.668507 Weighted Average Net Rate 3.211861 3.813162 4.293507 Weighted Average Maturity 337 337 357 Beginning Loan Count 1,664 432 132 Loans Paid In Full 5 3 2 Ending Loan Count 1,659 429 130 Beginning Scheduled Balance 463,457,903.00 98,539,602.00 40,051,300.00 Ending scheduled Balance 461,469,738.60 97,939,768.44 39,043,666.57 Record Date 04/30/2004 04/30/2004 04/30/2004 Principal And Interest Constant 1,305,367.52 318,365.86 158,811.92 Scheduled Principal 973.24 0.00 ~~2,995.44 Unscheduled~~ Principal ~~1,987,191.18~~Balance ~~599,833.95~~of ~~1,004,637.92~~Contaminated ~~Scheduled~~Properties ~~Interest 1,304,394.28 318,365.86 155,816.48 Servicing Fees 63,925.66 5,242.99 12,516.03 Master Servicing Fees 965.54 205.28 83.43 Trustee Fee~~ 0.00 ~~0.00~~Periodic ~~0.00~~Advance ~~FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 87~~22,~~661~~431.53 25,737.03 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 1,151,841.55 287,180.56 143,217.02 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 2.982385 3.497240 4.29100771

~~Group~~COLLATERAL ~~Level~~STATEMENT Collateral ~~Statement Group Total Collateral~~ Description Mixed ARM Weighted Average Gross Coupon ~~Rate~~ 3.~~545048~~750871% Weighted Average Net Coupon 3.590393% Weighted Average Pass-Through Rate 3.~~382235~~359458% Weighted Average Maturity(Stepdown ~~340~~Calculation ) 336 Beginning Scheduled Collateral Loan Count 2,~~228~~146 Number Of Loans Paid In Full 1027 Ending Scheduled Collateral Loan Count 2,~~218~~119 Beginning Scheduled Collateral Balance ~~602~~570,~~048~~153,~~805~~926.0054 Ending ~~scheduled~~Scheduled Collateral Balance ~~598~~560,~~453~~219,~~173~~109.6158 ~~Record~~Ending ~~Date~~Actual ~~04/30/2004~~Collateral ~~Principal~~Balance ~~And~~at ~~Interest~~31-Aug-2004 ~~Constant 1~~560,~~782~~219,~~545~~358.3029 ~~Scheduled~~Monthly ~~Principal~~P ~~3,968.68~~&I ~~Unscheduled~~Constant ~~Principal 3,591,663.05 Scheduled Interest~~ 1,~~778~~784,~~576~~031.6260 ~~Servicing~~Special ~~Fees 81,684.68 Master~~ Servicing ~~Fees 1,254.25 Trustee~~ Fee 0.00 ~~FRY~~Prepayment ~~Amount~~Penalties 0.00 ~~Special Hazard Fee 0.00 Other Fee 113,398.56 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 1,582,239.13~~ Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 ~~Percentage~~Ending ofScheduled ~~Cumulative~~Balance ~~Losses~~for ~~0.0000~~Premium ~~Prepayment~~Loans ~~Penalties 0~~560,219,109.0058 ~~Special~~Scheduled ~~Servicing~~Principal ~~Fee 0~~1,886.0072 ~~Pass-Through~~Unscheduled ~~Rate~~Principal 39,932,930.~~153709~~24

~~Miscellaneous~~Group ~~Reporting~~Level Collateral Statement Group Group I ~~Avearge~~Group ~~Loss~~II ~~Severity~~Group %III ~~Group~~Collateral IDescription 0Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 3.~~000000%~~628307 ~~Group~~3.999182 I4.665117 ~~Senior~~Weighted ~~Percentage~~Average 91Net Rate 3.~~000000%~~463590 ~~Group~~3.935951 I4.290117 ~~Senior~~Weighted ~~Prepayment~~Average ~~Percentage~~Maturity ~~100~~333 333 353 Beginning Loan Count 1,611 417 118 Loans Paid In Full 21 4 2 Ending Loan Count 1,590 413 116 Beginning Scheduled Balance 442,454,143.~~000000%~~49 ~~Group~~93,883,299.84 I33,816,483.21 ~~Sen~~Ending ~~Mez~~scheduled &Balance ~~Sub~~434,574,864.27 ~~Percentage~~92,369,305.71 933,274,939.~~000000%~~60 ~~Group~~Record IDate ~~Sen~~08/31/2004 ~~Mez~~08/31/2004 &08/31/2004 ~~Sub~~Principal ~~Prep~~And ~~Percentage~~Interest Constant 1,338,239.09 312,880.33 132,912.18 Scheduled Principal 439.42 0.~~000000%~~00 ~~Group~~1,447.30 ~~Group~~Unscheduled IIPrincipal ~~Avearge~~7,878,839.80 ~~Loss~~1,513,994.13 ~~Severity~~540,096.31 %Scheduled ~~Group~~Interest II1,337,799.67 0312,880.~~000000%~~33 ~~Group~~131,464.88 IIServicing ~~Senior~~Fees ~~Percentage~~60,733.13 914,946.~~000000%~~94 ~~Group~~10,567.65 IIMaster ~~Senior~~Servicing ~~Prepayment~~Fees ~~Percentage~~921.82 ~~100~~195.~~000000%~~59 ~~Group~~70.46 IITrustee ~~Sen~~Fee ~~Mez~~0.00 &0.00 ~~Sub~~0.00 ~~Percentage~~FRY 9Amount 0.~~000000%~~00 ~~Group~~0.00 II0.00 ~~Sen~~Special ~~Mez~~Hazard &Fee ~~Sub~~0.00 ~~Prep~~0.00 ~~Percentage~~0.00 Other Fee 84,002.08 24,533.81 0.~~000000%~~00 ~~Group~~Pool ~~Group~~Insurance ~~III~~Fee ~~Avearge~~0.00 ~~Loss~~0.00 ~~Severity~~0.00 %Spread ~~Group~~Fee ~~III~~1 0.~~000000%~~00 ~~Group~~0.00 ~~III~~0.00 ~~Senior~~Spread ~~Percentage~~Fee 912 0.~~000000%~~00 ~~Group~~0.00 ~~III~~0.00 ~~Senior~~Spread ~~Prepayment~~Fee ~~Percentage~~3 ~~100~~0.~~000000%~~00 ~~Group~~0.00 ~~III~~0.00 ~~Sen~~Net ~~Mez~~Interest &1,192,142.64 ~~Sub~~283,203.99 ~~Percentage~~120,826.77 9Realized Loss Amount 0.~~000000%~~00 ~~Group~~0.00 ~~III~~0.00 ~~Sen~~Cumulative ~~Mez~~Realized &Loss ~~Sub~~0.00 ~~Prep~~0.00 0.00 Percentage of Cumulative Losses 0.~~000000%~~0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 3.233264 3.619864 4.287617

Filing Compare · STRUCTURED ASSET MORTGAGE INVESTMENTS II TRUST SERIES 2004-AR2