8-K 1 bsl04002_nov.txt NOV 8-K 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): November 26, 2004 BEAR STEARNS ALT-A TRUST Mortgage Pass-Through Certificates, Series 2004-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106323-18 54-2147341 Pooling and Servicing Agreement) (Commission 54-2147342 (State or other File Number) 54-2147343 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 November 26, 2004 a distribution was made to holders of BEAR STEARNS ALT-A 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 November 26, 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 2004-2 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: 11/29/04 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 November 26, 2004 distribution. EX-99.1

Bear Stearns ALT-A Trust Mortgage Pass-Through Certificates Record Date: 810/31/~~2004~~04 Distribution Date: 911/2726/~~2004~~04 BSL 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 I-A-1 07386HGL9 SEN 2.~~66461~~65535% 2925,~~656~~003,~~979~~040.9306 6554,~~576~~860.6471 1,~~376~~344,~~812~~489.8565 I-X-A-1 07386HHA2 SEN 2.61100% 0.00 6453,~~257~~944.2836 0.00 I-A-2 07386HGM7 SEN 3.~~28861~~27935% 119,~~121~~376,~~377~~148.1518 3025,~~350~~407.0633 ~~516~~504,~~305~~184.2706 I-X-A-2 07386HHB0 SEN 1.98700% 0.00 1815,~~337~~394.7161 0.00 I-A-3 07386HGN5 SEN 5.~~27561~~26635% 3630,~~302~~605,~~743~~912.2284 ~~158~~133,~~928~~186.1194 1,~~685~~645,~~339~~773.6219 II-A-1 07386HGP0 SEN 3.~~58239~~56029% 6256,~~832~~492,~~680~~523.2585 ~~187~~166,~~137~~863.7458 32,~~906~~664,~~007~~357.3522 II-X-A-1 07386HHC8 SEN 1.82400% 0.00 9585,~~282~~487.5921 0.00 II-A-2 07386HGQ8 SEN 3.~~40339~~38129% 4137,~~888~~661,~~424~~656.6967 ~~118~~105,~~524~~649.6540 21,~~604~~776,~~003~~236.1192 II-X-A-2 07386HHD6 SEN 2.00300% 0.00 6962,~~755~~584.4434 0.00 II-A-3 07386HGR6 SEN 4.~~37339~~35129% 3229,~~886~~568,~~956~~485.9457 ~~119~~106,~~576~~741.2326 21,~~044~~394,~~424~~538.8965 II-X-A-3 07386HHE4 SEN 1.03300% 0.00 2825,~~244~~340.0647 0.00 III-A-1 07386HGS4 SEN 4.~~74280~~74480% 16,~~485~~430,~~065~~368.8540 6362,~~830~~681.2389 12517,~~840~~942.2530 III-X-A-1 07386HHF1 SEN 0.44800% 0.00 65,~~029~~918.3437 0.00 IV-A-1 07386HGT2 SEN 5.~~13484~~12110% 8782,~~455~~993,~~032~~464.8677 ~~372~~351,~~777~~704.7303 14,~~596~~435,~~475~~903.0339 V-A-1 07386HGU9 SEN 5.~~31345~~30959% ~~157~~149,~~837~~213,~~659~~670.1828 ~~697~~657,~~431~~726.5097 4,~~624~~297,~~251~~950.4602 R 07386HGV7 RES 0.00000% 0.00 0.00 0.00 M 07386HGW5 SUB 5.~~29766~~28595% 20,~~362~~350,~~916~~714.9970 89,~~585~~067.0966 6,~~056~~243.9023 B-1 07386HGX3 SUB 5.~~29766~~28595% 13,~~372~~364,~~547~~533.1577 58,~~831~~491.5069 34,~~977~~100.6300 B-2 07386HGY1 SUB 5.~~29766~~28595% 9,~~725~~719,~~588~~760.6972 42,~~786~~539.9885 2,~~892~~981.85 B-3 07386HGZ8 SUB 5.~~29766~~28595% 6,~~990~~985,~~170~~981.1434 30,~~752~~575.7209 2,~~079~~143.2117 B-4 07386HHG9 SUB 5.~~29766~~28595% 5,~~166~~163,~~790~~694.7661 22,~~730~~599.9061 1,~~536~~584.8513 B-5 07386HHH7 SUB 5.~~29766~~28595% 3,~~039~~037,~~265~~443.1993 13,~~371~~293.0178 ~~904~~931.0283 B-6 07386HHJ3 SUB 5.~~29766~~28595% 2,~~127~~126,~~590~~315.4753 9,~~360~~306.1711 ~~632~~652.8532 Totals ~~537~~498,~~251~~093,~~789~~715.4622 2,~~363~~179,~~457~~365.6826 18,~~384~~600,~~540~~011.1493

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 2823,~~280~~658,~~167~~550.0841 1,~~442~~399,~~389~~350.4936 0.00 I-X-A-1 0.00 0.00 6453,~~257~~944.2836 0.00 I-A-2 0.00 108,~~605~~871,~~071~~964.8812 ~~546~~529,~~655~~591.3339 0.00 I-X-A-2 0.00 0.00 1815,~~337~~394.7161 0.00 I-A-3 0.00 3428,~~617~~960,~~403~~139.6066 1,~~844~~778,~~267~~960.7313 0.00 II-A-1 0.00 5853,~~926~~828,~~672~~166.9063 42,~~093~~831,~~145~~220.0980 0.00 II-X-A-1 0.00 0.00 9585,~~282~~487.5921 0.00 II-A-2 0.00 3935,~~284~~885,~~421~~419.5974 21,~~722~~881,~~527~~886.7632 0.00 II-X-A-2 0.00 0.00 6962,~~755~~584.4434 0.00 II-A-3 0.00 3028,~~842~~173,~~532~~946.0592 21,~~164~~501,~~001~~279.1291 0.00 II-X-A-3 0.00 0.00 2825,~~244~~340.0647 0.00 III-A-1 0.00 1615,~~472~~912,~~225~~426.6111 76580,~~670~~624.4819 0.00 III-X-A-1 0.00 0.00 65,~~029~~918.3437 0.00 IV-A-1 0.00 8578,~~858,~~557,561.8238 14,~~969~~787,~~252~~607.7642 0.00 V-A-1 0.00 ~~153~~144,~~213~~915,~~407~~720.7226 54,~~321~~955,~~682~~676.9699 0.00 R 0.00 0.00 0.00 0.00 M 0.00 20,~~356~~344,~~860~~471.0946 95,~~641~~310.9989 0.00 B-1 0.00 13,~~368~~360,~~569~~433.5277 62,~~809~~591.1369 0.00 B-2 0.00 9,~~722~~716,~~695~~778.8387 45,~~679~~521.8370 0.00 B-3 0.00 6,~~988~~983,~~090~~838.9317 32,~~831~~718.9326 0.00 B-4 0.00 5,~~165~~162,~~253~~110.9148 24,~~267~~183.7574 0.00 B-5 0.00 3,~~038~~036,~~361~~512.1610 14,~~275~~225.0361 0.00 B-6 0.00 2,~~126~~125,~~957~~663.6322 9,~~993~~958.0243 0.00 Totals 0.00 ~~518~~479,~~867~~493,~~249~~703.3230 20,~~747~~779,~~997~~377.8219 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-1 38,310,900.00 2925,~~656~~003,~~979~~040.9306 3,~~448~~177.1008 1,~~373~~341,~~364~~312.7557 0.00 0.00 I-X-A-1 0.00 0.00 0.00 0.00 0.00 0.00 I-A-2 14,366,600.00 119,~~121~~376,~~377~~148.1518 1,~~293~~191.0441 ~~515~~502,~~012~~992.2365 0.00 0.00 I-X-A-2 0.00 0.00 0.00 0.00 0.00 0.00 I-A-3 46,895,900.00 3630,~~302~~605,~~743~~912.2284 43,~~220~~889.7802 1,~~681~~641,~~118~~884.8416 0.00 0.00 II-A-1 72,705,800.00 6256,~~832~~492,~~680~~523.2585 1615,~~280~~423.3429 32,~~889~~648,~~727~~933.0193 0.00 0.00 II-X-A-1 0.00 0.00 0.00 0.00 0.00 0.00 II-A-2 48,470,500.00 4137,~~888~~661,~~424~~656.6967 10,~~853~~282.5519 21,~~593~~765,~~149~~954.5674 0.00 0.00 II-X-A-2 0.00 0.00 0.00 0.00 0.00 0.00 II-A-3 38,054,600.00 3229,~~886~~568,~~956~~485.9457 8,~~521~~072.2263 21,~~035~~386,~~903~~466.6802 0.00 0.00 II-X-A-3 0.00 0.00 0.00 0.00 0.00 0.00 III-A-1 18,196,800.00 16,~~485~~430,~~065~~368.8540 8,~~413~~596.9357 4509,~~426~~345.3273 0.00 0.00 III-X-A-1 0.00 0.00 0.00 0.00 0.00 0.00 IV-A-1 97,689,700.00 8782,~~455~~993,~~032~~464.8677 23,~~599~~041.2594 14,~~572~~412,~~875~~861.7845 0.00 0.00 V-A-1 173,186,600.00 ~~157~~149,~~837~~213,~~659~~670.1828 6764,~~912~~928.7497 4,~~556~~233,~~338~~021.7205 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 M 20,393,300.00 20,~~362~~350,~~916~~714.9970 6,~~056~~243.9023 0.00 0.00 0.00 B-1 13,392,500.00 13,~~372~~364,~~547~~533.1577 34,~~977~~100.6300 0.00 0.00 0.00 B-2 9,740,100.00 9,~~725~~719,~~588~~760.6972 2,~~892~~981.85 0.00 0.00 0.00 B-3 7,000,600.00 6,~~990~~985,~~170~~981.1434 2,~~079~~143.2117 0.00 0.00 0.00 B-4 5,174,500.00 5,~~166~~163,~~790~~694.7661 1,~~536~~584.8513 0.00 0.00 0.00 B-5 3,043,800.00 3,~~039~~037,~~265~~443.1993 ~~904~~931.0283 0.00 0.00 0.00 B-6 2,130,765.00 2,~~127~~126,~~590~~315.4753 ~~632~~652.8532 0.00 0.00 0.00 Totals 608,753,065.00 ~~537~~498,~~251~~093,~~789~~715.4622 ~~162~~157,~~623~~239.2663 18,~~221~~442,~~916~~772.8930 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-1 1,~~376~~344,~~812~~489.8565 2823,~~280~~658,~~167~~550.0841 0.~~73817548~~61754097 1,~~376~~344,~~812~~489.8565 I-X-A-1 0.00 0.00 0.00000000 0.00 I-A-2 ~~516~~504,~~305~~184.2706 108,~~605~~871,~~071~~964.8812 0.~~73817548~~61754097 ~~516~~504,~~305~~184.2706 I-X-A-2 0.00 0.00 0.00000000 0.00 I-A-3 1,~~685~~645,~~339~~773.6219 3428,~~617~~960,~~403~~139.6066 0.~~73817548~~61754097 1,~~685~~645,~~339~~773.6219 II-A-1 32,~~906~~664,~~007~~357.3522 5853,~~926~~828,~~672~~166.9063 0.~~81048105~~74035588 32,~~906~~664,~~007~~357.3522 II-X-A-1 0.00 0.00 0.00000000 0.00 II-A-2 21,~~604~~776,~~003~~236.1192 3935,~~284~~885,~~421~~419.5974 0.~~81048105~~74035588 21,~~604~~776,~~003~~236.1192 II-X-A-2 0.00 0.00 0.00000000 0.00 II-A-3 21,~~044~~394,~~424~~538.8965 3028,~~842~~173,~~532~~946.0592 0.~~81048105~~74035588 21,~~044~~394,~~424~~538.8965 II-X-A-3 0.00 0.00 0.00000000 0.00 III-A-1 12517,~~840~~942.2530 1615,~~472~~912,~~225~~426.6111 0.~~90522650~~87446288 12517,~~840~~942.2530 III-X-A-1 0.00 0.00 0.00000000 0.00 IV-A-1 14,~~596~~435,~~475~~903.0339 8578,~~858,~~557,561.8238 0.~~87889059~~80415398 14,~~596~~435,~~475~~903.0339 V-A-1 4,~~624~~297,~~251~~950.4602 ~~153~~144,~~213~~915,~~407~~720.7226 0.~~88467242~~83676058 4,~~624~~297,~~251~~950.4602 R 0.00 0.00 0.00000000 0.00 M 6,~~056~~243.9023 20,~~356~~344,~~860~~471.0946 0.~~99821314~~99760566 6,~~056~~243.9023 B-1 34,~~977~~100.6300 13,~~368~~360,~~569~~433.5277 0.~~99821314~~99760566 34,~~977~~100.6300 B-2 2,~~892~~981.85 9,~~722~~716,~~695~~778.8387 0.~~99821314~~99760566 2,~~892~~981.85 B-3 2,~~079~~143.2117 6,~~988~~983,~~090~~838.9317 0.~~99821314~~99760566 2,~~079~~143.2117 B-4 1,~~536~~584.8513 5,~~165~~162,~~253~~110.9148 0.~~99821314~~99760566 1,~~536~~584.8513 B-5 ~~904~~931.0283 3,~~038~~036,~~361~~512.1610 0.~~99821314~~99760566 ~~904~~931.0283 B-6 ~~632~~652.8532 2,~~126~~125,~~957~~663.6322 0.~~99821314~~99760566 ~~632~~652.8532 Totals 18,~~384~~600,~~540~~011.1493 ~~518~~479,~~867~~493,~~249~~703.3230 0.~~85234437~~78766536 18,~~384~~600,~~540~~011.1493

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 38,310,900.00 ~~774~~652.~~11337061~~63515240 0.~~09000311~~08292888 35.~~84788533~~01125189 0.00000000 I-X-A-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-2 14,366,600.00 ~~774~~652.~~11337060~~63515237 0.~~09000320~~08292916 35.~~84788537~~01125179 0.00000000 I-X-A-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 46,895,900.00 ~~774~~652.~~11337068~~63515233 0.~~09000318~~08292878 35.~~84788521~~01125173 0.00000000 II-A-1 72,705,800.00 ~~864~~777.~~20450982~~00161266 0.~~22392079~~21213287 5336.~~49954213~~43359856 0.00000000 II-X-A-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 48,470,500.00 ~~864~~777.~~20450975~~00161273 0.~~22392074~~21213295 5336.~~49954220~~43359858 0.00000000 II-X-A-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-3 38,054,600.00 ~~864~~777.~~20450984~~00161268 0.~~22392089~~21213283 5336.~~49954224~~43359857 0.00000000 II-X-A-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 18,196,800.00 ~~905~~902.~~93213367~~92625077 0.~~46238514~~47242207 027.~~24324716~~99095061 0.00000000 III-X-A-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 IV-A-1 97,689,700.00 ~~895~~849.~~23289415~~56208044 0.~~24157357~~23586867 1645.~~10073304~~17222849 0.00000000 V-A-1 173,186,600.00 ~~911~~861.~~37339251~~57745622 0.~~39213623~~37490759 2624.~~30884098~~44196635 0.00000000 R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 M 20,393,300.00 ~~998~~997.~~51014745~~91179946 0.~~29700441~~30614123 0.00000000 0.00000000 B-1 13,392,500.00 ~~998~~997.~~51014747~~91179914 0.~~29700429~~30614150 0.00000000 0.00000000 B-2 9,740,100.00 ~~998~~997.~~51014774~~91179967 0.~~29700414~~30614162 0.00000000 0.00000000 B-3 7,000,600.00 ~~998~~997.~~51014770~~91179899 0.~~29700454~~30614090 0.00000000 0.00000000 B-4 5,174,500.00 ~~998~~997.~~51014784~~91180017 0.~~29700454~~30614166 0.00000000 0.00000000 B-5 3,043,800.00 ~~998~~997.~~51014850~~91179775 0.~~29700375~~30614035 0.00000000 0.00000000 B-6 2,130,765.00 ~~998~~997.~~51014542~~91179694 0.~~29700600~~30614357 0.00000000 0.00000000

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A-1 0.00000000 35.~~93788843~~09418077 ~~738~~617.~~17548217~~54097163 0.~~73817548~~61754097 35.~~93788843~~09418077 I-X-A-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-2 0.00000000 35.~~93788857~~09418095 ~~738~~617.~~17548202~~54097142 0.~~73817548~~61754097 35.~~93788857~~09418095 I-X-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 0.00000000 35.~~93788839~~09418073 ~~738~~617.~~17548229~~54097181 0.~~73817548~~61754097 35.~~93788839~~09418073 II-A-1 0.00000000 5336.~~72346291~~64573143 ~~810~~740.~~48104690~~35588124 0.~~81048105~~74035588 5336.~~72346291~~64573143 II-X-A-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-2 0.00000000 5336.~~72346293~~64573132 ~~810~~740.~~48104703~~35588121 0.~~81048105~~74035588 5336.~~72346293~~64573132 II-X-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-3 0.00000000 5336.~~72346287~~64573140 ~~810~~740.~~48104697~~35588129 0.~~81048105~~74035588 5336.~~72346287~~64573140 II-X-A-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 III-A-1 0.00000000 028.~~70563231~~46337268 ~~905~~874.~~22650191~~46287864 0.~~90522650~~87446288 028.~~70563231~~46337268 III-X-A-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 IV-A-1 0.00000000 1645.~~34230661~~40809717 ~~878~~804.~~89058744~~15398328 0.~~87889059~~80415398 1645.~~34230661~~40809717 V-A-1 0.00000000 2624.~~70097721~~81687394 ~~884~~836.~~67241530~~76058229 0.~~88467242~~83676058 2624.~~70097721~~81687394 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M 0.00000000 0.~~29700441~~30614123 ~~998~~997.~~21314304~~60565774 0.~~99821314~~99760566 0.~~29700441~~30614123 B-1 0.00000000 0.~~29700429~~30614150 ~~998~~997.~~21314318~~60565764 0.~~99821314~~99760566 0.~~29700429~~30614150 B-2 0.00000000 0.~~29700414~~30614162 ~~998~~997.~~21314258~~60565805 0.~~99821314~~99760566 0.~~29700414~~30614162 B-3 0.00000000 0.~~29700454~~30614090 ~~998~~997.~~21314316~~60565809 0.~~99821314~~99760566 0.~~29700454~~30614090 B-4 0.00000000 0.~~29700454~~30614166 ~~998~~997.~~21314330~~60565852 0.~~99821314~~99760566 0.~~29700454~~30614166 B-5 0.00000000 0.~~29700375~~30614035 ~~998~~997.~~21314147~~60565740 0.~~99821314~~99760566 0.~~29700375~~30614035 B-6 0.00000000 0.~~29700600~~30614357 ~~998~~997.~~21314411~~60565806 0.~~99821314~~99760566 0.~~29700600~~30614357 (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-1 38,310,900.00 2.~~66461~~65535% 2925,~~656~~003,~~979~~040.9306 6555,~~853~~326.5759 0.00 0.00 I-X-A-1 0.00 2.61100% 2925,~~656~~003,~~979~~040.9306 6454,~~528~~402.6545 0.00 0.00 I-A-2 14,366,600.00 3.~~28861~~27935% 119,~~121~~376,~~377~~148.1518 3025,~~478~~623.2309 0.00 0.00 I-X-A-2 0.00 1.98700% 119,~~121~~376,~~377~~148.15 18 15,~~415~~525.1534 0.00 0.00 I-A-3 46,895,900.00 5.~~27561~~26635% 3630,~~302~~605,~~743~~912.2284 ~~159~~134,~~599~~317.2796 0.00 0.00 II-A-1 72,705,800.00 3.~~58239~~56029% 6256,~~832~~492,~~680~~523.2585 ~~187~~167,~~575~~608.8810 0.00 0.00 II-X-A-1 0.00 1.82400% 6256,~~832~~492,~~680~~523.2585 9585,~~505~~868.6764 0.00 0.00 II-A-2 48,470,500.00 3.~~40339~~38129% 4137,~~888~~661,~~424~~656.6967 ~~118~~106,~~802~~120.1579 0.00 0.00 II-X-A-2 0.00 2.00300% 4137,~~888~~661,~~424~~656.6967 6962,~~918~~863.7658 0.00 0.00 II-A-3 38,054,600.00 4.~~37339~~35129% 3229,~~886~~568,~~956~~485.9457 ~~119~~107,~~856~~217.1953 0.00 0.00 II-X-A-3 0.00 1.03300% 3229,~~886~~568,~~956~~485.9457 2825,~~310~~453.1954 0.00 0.00 III-A-1 18,196,800.00 4.~~74280~~74480% 16,~~485~~430,~~065~~368.8540 6564,~~154~~965.4869 0.00 0.00 III-X-A-1 0.00 0.44800% 16,~~485~~430,~~065~~368.8540 6,~~154~~134.4200 0.00 0.00 IV-A-1 97,689,700.00 5.~~13484~~12110% 8782,~~455~~993,~~032~~464.8677 ~~374~~354,~~223~~181.2467 0.00 0.00 V-A-1 173,186,600.00 5.~~31345~~30959% ~~157~~149,~~837~~213,~~659~~670.1828 ~~698~~660,~~885~~219.4842 0.00 0.00 R 100.00 0.00000% 0.00 0.00 0.00 0.00 M 20,393,300.00 5.~~29766~~28595% 20,~~362~~350,~~916~~714.9970 89,~~896~~644.5302 0.00 0.00 B-1 13,392,500.00 5.~~29766~~28595% 13,~~372~~364,~~547~~533.1577 5958,~~036~~870.0219 0.00 0.00 B-2 9,740,100.00 5.~~29766~~28595% 9,~~725~~719,~~588~~760.6972 42,~~935~~815.7313 0.00 0.00 B-3 7,000,600.00 5.~~29766~~28595% 6,~~990~~985,~~170~~981.1434 30,~~859~~772.6395 0.00 0.00 B-4 5,174,500.00 5.~~29766~~28595% 5,~~166~~163,~~790~~694.7661 22,~~809~~745.9285 0.00 0.00 B-5 3,043,800.00 5.~~29766~~28595% 3,~~039~~037,~~265~~443.1993 13,~~417~~379.5081 0.00 0.00 B-6 2,130,765.00 5.~~29766~~28595% 2,~~127~~126,~~590~~315.4753 9,~~392~~366.7133 0.00 0.00 Totals 608,753,065.00 2,~~371~~193,~~609~~422.3767 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-1 ~~276~~465.9387 0.00 6554,~~576~~860.6471 0.00 2823,~~280~~658,~~167~~550.0841 I-X-A-1 ~~271~~458.3609 0.00 6453,~~257~~944.2836 0.00 2823,~~280~~658,~~167~~550.0841 I-A-2 ~~128~~215.1776 0.00 3025,~~350~~407.0633 0.00 108,~~605~~871,~~071~~964.8812 I-X-A-2 77130.4473 0.00 1815,~~337~~394.7161 0.00 108,~~605~~871,~~071~~964.8812 I-A-3 ~~671~~1,131.1602 0.00 ~~158~~133,~~928~~186.1194 0.00 3428,~~617~~960,~~403~~139.6066 II-A-1 ~~438~~744.1452 0.00 ~~187~~166,~~137~~863.7458 0.00 5853,~~926~~828,~~672~~166.9063 II-X-A-1 ~~223~~381.0843 0.00 9585,~~282~~487.5921 0.00 5853,~~926~~828,~~672~~166.9063 II-A-2 ~~277~~471.5039 0.00 ~~118~~105,~~524~~649.6540 0.00 3935,~~284~~885,~~421~~419.5974 II-X-A-2 ~~163~~279.3224 0.00 6962,~~755~~584.4434 0.00 3935,~~284~~885,~~421~~419.5974 II-A-3 ~~279~~476.9626 0.00 ~~119~~106,~~576~~741.2326 0.00 3028,~~842~~173,~~532~~946.0592 II-X-A-3 66113.1307 0.00 2825,~~244~~340.0647 0.00 3028,~~842~~173,~~532~~946.0592 III-A-1 12,~~324~~283.2581 0.00 6362,~~830~~681.2389 0.00 1615,~~472~~912,~~225~~426.6111 III-X-A-1 ~~125~~215.0963 0.00 65,~~029~~918.3437 0.00 1615,~~472~~912,~~225~~426.6111 IV-A-1 12,~~445~~477.5064 0.00 ~~372~~351,~~777~~704.7303 0.00 8578,~~858,~~557,561.8238 V-A-1 12,~~453~~492.9845 0.00 ~~697~~657,~~431~~726.5097 0.00 ~~153~~144,~~213~~915,~~407~~720.7226 R 0.00 0.00 0.00 0.00 0.00 M ~~311~~576.4436 0.00 89,~~585~~067.0966 0.00 20,~~356~~344,~~860~~471.0946 B-1 ~~204~~378.5350 0.00 58,~~831~~491.5069 0.00 13,~~368~~360,~~569~~433.5277 B-2 ~~148~~275.7528 0.00 42,~~786~~539.9885 0.00 9,~~722~~716,~~695~~778.8387 B-3 ~~106~~197.9185 0.00 30,~~752~~575.7209 0.00 6,~~988~~983,~~090~~838.9317 B-4 79146.0224 0.00 22,~~730~~599.9061 0.00 5,~~165~~162,~~253~~110.9148 B-5 4686.4803 0.00 13,~~371~~293.0178 0.00 3,~~038~~036,~~361~~512.1610 B-6 3260.5422 0.00 9,~~360~~306.1711 0.00 2,~~126~~125,~~957~~663.6322 Totals 814,~~151~~057.6839 0.00 2,~~363~~179,~~457~~365.6826 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-1 38,310,900.00 2.~~66461~~65535% ~~774~~652.~~11337061~~63515240 1.~~71892516~~44414749 0.00000000 0.00000000 I-X-A-1 0.00 2.61100% ~~774~~652.~~11337061~~63515240 1.~~68434179~~42002537 0.00000000 0.00000000 I-A-2 14,366,600.00 3.~~28861~~27935% ~~774~~652.~~11337060~~63515237 21.~~12146437~~78351802 0.00000000 0.00000000 I-X-A-2 0.00 1.98700% ~~774~~652.~~11337060~~63515237 1.~~28180293~~08065513 0.00000000 0.00000000 I-A-3 46,895,900.00 5.~~27561~~26635% ~~774~~652.~~11337068~~63515233 32.~~40326702~~86417277 0.00000000 0.00000000 II-A-1 72,705,800.00 3.~~58239~~56029% ~~864~~777.~~20450982~~00161266 2.~~57993007~~30529201 0.00000000 0.00000000 II-X-A-1 0.00 1.82400% ~~864~~777.~~20450982~~00161266 1.~~31359080~~18104250 0.00000000 0.00000000 II-A-2 48,470,500.00 3.~~40339~~38129% ~~864~~777.~~20450975~~00161273 2.~~45101969~~18938922 0.00000000 0.00000000 II-X-A-2 0.00 2.00300% ~~864~~777.~~20450975~~00161273 1.~~44250132~~29694515 0.00000000 0.00000000 II-A-3 38,054,600.00 4.~~37339~~35129% ~~864~~777.~~20450984~~00161268 32.~~14958481~~81746569 0.00000000 0.00000000 II-X-A-3 0.00 1.03300% ~~864~~777.~~20450984~~00161268 0.~~74393608~~66886894 0.00000000 0.00000000 III-A-1 18,196,800.00 4.~~74280~~74480% ~~905~~902.~~93213367~~92625077 3.~~58054603~~57017113 0.00000000 0.00000000 III-X-A-1 0.00 0.44800% ~~905~~902.~~93213367~~92625077 0.~~33821441~~33709224 0.00000000 0.00000000 IV-A-1 97,689,700.00 5.~~13484~~12110% ~~895~~849.~~23289415~~56208044 3.~~83073384~~62557844 0.00000000 0.00000000 V-A-1 173,186,600.00 5.~~31345~~30959% ~~911~~861.~~37339251~~57745622 43.~~03544778~~81218535 0.00000000 0.00000000 R 100.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 M 20,393,300.00 5.~~29766~~28595% ~~998~~997.~~51014745~~91179946 4.~~40814042~~39575841 0.00000000 0.00000000 B-1 13,392,500.00 5.~~29766~~28595% ~~998~~997.~~51014747~~91179914 4.~~40814038~~39575807 0.00000000 0.00000000 B-2 9,740,100.00 5.~~29766~~28595% ~~998~~997.~~51014774~~91179967 4.~~40814057~~39575877 0.00000000 0.00000000 B-3 7,000,600.00 5.~~29766~~28595% ~~998~~997.~~51014770~~91179899 4.~~40814073~~39575893 0.00000000 0.00000000 B-4 5,174,500.00 5.~~29766~~28595% ~~998~~997.~~51014784~~91180017 4.~~40813992~~39575804 0.00000000 0.00000000 B-5 3,043,800.00 5.~~29766~~28595% ~~998~~997.~~51014850~~91179775 4.~~40814114~~39575859 0.00000000 0.00000000 B-6 2,130,765.00 5.~~29766~~28595% ~~998~~997.~~51014542~~91179694 4.~~40813980~~39575927 0.00000000 0.00000000 (5) Per $1 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-1 0.~~00722849~~01216025 0.00000000 1.~~71169667~~43198698 0.00000000 ~~738~~617.~~17548217~~54097163 I-X-A-1 0.~~00708310~~01195717 0.00000000 1.~~67725843~~40806820 0.00000000 ~~738~~617.~~17548217~~54097163 I-A-2 0.~~00892139~~01501817 0.00000000 21.~~11254298~~76849985 0.00000000 ~~738~~617.~~17548202~~54097142 I-X-A-2 0.~~00539028~~00909958 0.00000000 1.~~27641265~~07155555 0.00000000 ~~738~~617.~~17548202~~54097142 I-A-3 0.~~01431170~~02411767 0.00000000 32.~~38895532~~84005510 0.00000000 ~~738~~617.~~17548229~~54097181 II-A-1 0.~~00602620~~01024017 0.00000000 2.~~57390387~~29505184 0.00000000 ~~810~~740.~~48104690~~35588124 II-X-A-1 0.~~00306826~~00524621 0.00000000 1.~~31052254~~17579629 0.00000000 ~~810~~740.~~48104690~~35588124 II-A-2 0.~~00572513~~00972530 0.00000000 2.~~44529456~~17966392 0.00000000 ~~810~~740.~~48104703~~35588121 II-X-A-2 0.~~00336947~~00576103 0.00000000 1.~~43913184~~29118412 0.00000000 ~~810~~740.~~48104703~~35588121 II-A-3 0.~~00735680~~01251518 0.00000000 32.~~14222801~~80495026 0.00000000 ~~810~~740.~~48104697~~35588129 II-X-A-3 0.~~00173777~~00297126 0.00000000 0.~~74219832~~66589768 0.00000000 ~~810~~740.~~48104697~~35588129 III-A-1 0.~~07277378~~12550613 0.00000000 3.~~50777225~~44466555 0.00000000 ~~905~~874.~~22650191~~46287864 III-X-A-1 0.~~00687429~~01184989 0.00000000 0.~~33134068~~32524235 0.00000000 ~~905~~874.~~22650191~~46287864 IV-A-1 0.~~01479685~~02536235 0.00000000 3.~~81593689~~60021609 0.00000000 ~~878~~804.~~89058744~~15398328 V-A-1 0.~~00839545~~01439170 0.00000000 43.~~02705232~~79779365 0.00000000 ~~884~~836.~~67241530~~76058229 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M 0.~~01527168~~02826222 0.00000000 4.~~39286874~~36749619 0.00000000 ~~998~~997.~~21314304~~60565774 B-1 0.~~01527198~~02826209 0.00000000 4.~~39286914~~36749599 0.00000000 ~~998~~997.~~21314318~~60565764 B-2 0.~~01527192~~02826254 0.00000000 4.~~39286866~~36749623 0.00000000 ~~998~~997.~~21314258~~60565805 B-3 0.~~01527155~~02826186 0.00000000 4.~~39286918~~36749564 0.00000000 ~~998~~997.~~21314316~~60565809 B-4 0.~~01527104~~02826167 0.00000000 4.~~39286888~~36749638 0.00000000 ~~998~~997.~~21314330~~60565852 B-5 0.~~01527039~~02826401 0.00000000 4.~~39286747~~36749458 0.00000000 ~~998~~997.~~21314147~~60565740 B-6 0.~~01527151~~02826215 0.00000000 4.~~39286829~~36749712 0.00000000 ~~998~~997.~~21314411~~60565806 (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 ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 20,~~881~~898,~~098~~808.9489 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 5256,~~043~~513.0918 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 20,~~933~~955,~~142~~322.0307 Withdrawals Reimbursement for Servicer Advances 53,~~793~~508.6497 Payment of Service Fee ~~131~~122,~~350~~435.5791 Payment of Interest and Principal 20,~~747~~779,~~997~~377.8219 Total Withdrawals (Pool Distribution Amount) 20,~~933~~955,~~142~~322.0307 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall ~~8,151~~0.6800 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 814,~~151~~057.6839

SERVICING FEES Gross Servicing Fee 5854,~~423~~173.9680 Additional Servicing Fees 7066,~~788~~238.1840 Miscellaneous Fee 2,~~138~~023.4371 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~131~~122,~~350~~435.5791

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 1 0 0 1 ~~354~~353,~~414~~659.4230 0.00 0.00 ~~354~~353,~~414~~659.4230 30 Days 2629 0 0 0 2629 68,~~584~~007,~~989~~868.5387 0.00 0.00 0.00 68,~~584~~007,~~989~~868.5387 60 Days 34 0 0 0 34 1,~~759~~025,~~908~~809.3140 0.00 0.00 0.00 1,~~759~~025,~~908~~809.3140 90 Days 04 0 0 0 04 01,012,799.0014 0.00 0.00 0.00 01,012,799.0014 120 Days 1 0 1 0 2 ~~111~~204,~~265~~250.0300 0.00 ~~788~~624,000.00 0.00 ~~899~~828,~~265~~250.0300 150 Days 10 0 10 0 20 ~~106,400~~0.00 0.00 ~~788,000~~0.00 0.00 ~~894,400~~0.00 180+ Days 02 0 1 0 13 0217,665.0003 0.00 411,876.40 0.00 ~~411~~629,~~876~~541.4043 Totals 3140 1 32 0 3543 810,~~562~~468,~~562~~392.8744 ~~354~~353,~~414~~659.4230 1,~~987~~035,876.40 0.00 1011,~~904~~857,~~853~~928.6914 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.~~050100~~053333% 0.000000% 0.000000% 0.~~050100~~053333% 0.~~068288~~073737% 0.000000% 0.000000% 0.~~068288~~073737% 30 Days 1.~~302605~~546667% 0.000000% 0.000000% 0.000000% 1.~~302605~~546667% 1.~~268786~~669626% 0.000000% 0.000000% 0.000000% 1.~~268786~~669626% 60 Days 0.~~150301~~213333% 0.000000% 0.000000% 0.000000% 0.~~150301~~213333% 0.~~339096~~213879% 0.000000% 0.000000% 0.000000% 0.~~339096~~213879% 90 Days 0.~~000000~~213333% 0.000000% 0.000000% 0.000000% 0.~~000000~~213333% 0.~~000000~~211167% 0.000000% 0.000000% 0.000000% 0.~~000000~~211167% 120 Days 0.~~050100~~053333% 0.000000% 0.~~050100~~053333% 0.000000% 0.~~100200~~106667% 0.~~021438~~042586% 0.000000% 0.~~151831~~130103% 0.000000% 0.~~173269~~172689% 150 Days 0.~~050100~~000000% 0.000000% 0.~~050100~~000000% 0.000000% 0.~~100200~~000000% 0.~~020501~~000000% 0.000000% 0.~~151831~~000000% 0.000000% 0.~~172332~~000000% 180+ Days 0.~~000000~~106667% 0.000000% 0.~~050100~~053333% 0.000000% 0.~~050100~~160000% 0.~~000000~~045383% 0.000000% 0.~~079360~~085875% 0.000000% 0.~~079360~~131258% Totals 12.~~553106~~133333% 0.~~050100~~053333% 0.~~150301~~106667% 0.000000% 12.~~753507~~293333% 12.~~649822~~182641% 0.~~068288~~073737% 0.~~383021~~215978% 0.000000% 2.~~101131~~472356%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 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 03 0 0 0 03 01,903,234.0065 0.00 0.00 0.00 01,903,234.0065 60 Days 20 0 0 0 20 ~~975,908~~0.3100 0.00 0.00 0.00 ~~975,908~~0.3100 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 01 0 01 0.00 0.00 0624,000.00 0.00 0624,000.00 150 Days 0 0 10 0 10 0.00 0.00 ~~788,000~~0.00 0.00 ~~788,000~~0.00 180 Days 0 0 1 0 1 0.00 0.00 411,876.40 0.00 411,876.40 Totals 23 0 2 0 45 ~~975~~1,~~908~~903,234.3165 0.00 1,~~199~~035,876.40 0.00 2,~~175~~939,~~784~~111.7105 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 02.~~000000~~040816% 0.000000% 0.000000% 0.000000% 02.~~000000~~040816% 02.~~000000~~623286% 0.000000% 0.000000% 0.000000% 02.~~000000~~623286% 60 Days 10.~~169591~~000000% 0.000000% 0.000000% 0.000000% 10.~~169591~~000000% 10.~~154026~~000000% 0.000000% 0.000000% 0.000000% 10.~~154026~~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~~680272% 0.000000% 0.~~000000~~680272% 0.000000% 0.000000% 0.~~000000~~860078% 0.000000% 0.~~000000~~860078% 150 Days 0.000000% 0.000000% 0.~~584795~~000000% 0.000000% 0.~~584795~~000000% 0.000000% 0.000000% 0.~~931821~~000000% 0.000000% 0.~~931821~~000000% 180 Days 0.000000% 0.000000% 0.~~584795~~680272% 0.000000% 0.~~584795~~680272% 0.000000% 0.000000% 0.~~487050~~567702% 0.000000% 0.~~487050~~567702% Totals 12.~~169591~~040816% 0.000000% 1.~~169591~~360544% 0.000000% 23.~~339181~~401361% 12.~~154026~~623286% 0.000000% 1.~~418871~~427780% 0.000000% 24.~~572897~~051066% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 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 1 0 0 1 ~~354~~353,~~414~~659.4230 0.00 0.00 ~~354~~353,~~414~~659.4230 30 Days 4 0 0 0 4 12,~~993~~025,~~221~~414.4346 0.00 0.00 0.00 12,~~993~~025,~~221~~414.4346 60 Days 1 0 0 0 1 ~~784~~632,000.00 0.00 0.00 0.00 ~~784~~632,000.00 90 Days 01 0 0 0 01 0503,999.0015 0.00 0.00 0.00 0503,999.0015 120 Days 0 0 10 0 10 0.00 0.00 ~~788,000~~0.00 0.00 ~~788,000~~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 56 1 10 0 7 23,~~777~~161,~~221~~413.4361 ~~354~~353,~~414~~659.4230 ~~788,000~~0.00 0.00 3,~~919~~515,~~635~~072.8591 0-29 Days 0.~~333333~~362319% 0.000000% 0.000000% 0.~~333333~~362319% 0.~~241506~~260856% 0.000000% 0.000000% 0.~~241506~~260856% 30 Days 1.~~333333~~449275% 0.000000% 0.000000% 0.000000% 1.~~333333~~449275% 1.~~358228~~493926% 0.000000% 0.000000% 0.000000% 1.~~358228~~493926% 60 Days 0.~~333333~~362319% 0.000000% 0.000000% 0.000000% 0.~~333333~~362319% 0.~~534236~~466157% 0.000000% 0.000000% 0.000000% 0.~~534236~~466157% 90 Days 0.~~000000~~362319% 0.000000% 0.000000% 0.000000% 0.~~000000~~362319% 0.~~000000~~371745% 0.000000% 0.000000% 0.000000% 0.~~000000~~371745% 120 Days 0.000000% 0.000000% 0.~~333333~~000000% 0.000000% 0.~~333333~~000000% 0.000000% 0.000000% 0.~~536962~~000000% 0.000000% 0.~~536962~~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 12.~~666667~~173913% 0.~~333333~~362319% 0.~~333333~~000000% 0.000000% 2.~~333333~~536232% 12.~~892464~~331828% 0.~~241506~~260856% 0.~~536962~~000000% 0.000000% 2.~~670932~~592684% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 3 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 21 0 0 0 21 ~~169~~97,~~814~~840.1000 0.00 0.00 0.00 ~~169~~97,~~814~~840.1000 60 Days 01 0 0 0 01 071,869.0091 0.00 0.00 0.00 071,869.0091 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 2 0 0 0 2 169,~~814~~709.1091 0.00 0.00 0.00 169,~~814~~709.1091 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 21.~~272727~~162791% 0.000000% 0.000000% 0.000000% 21.~~272727~~162791% 0.~~918170~~545584% 0.000000% 0.000000% 0.000000% 0.~~918170~~545584% 60 Days 01.~~000000~~162791% 0.000000% 0.000000% 0.000000% 01.~~000000~~162791% 0.~~000000~~400767% 0.000000% 0.000000% 0.000000% 0.~~000000~~400767% 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.~~272727~~325581% 0.000000% 0.000000% 0.000000% 2.~~272727~~325581% 0.~~918170~~946352% 0.000000% 0.000000% 0.000000% 0.~~918170~~946352% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 4 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 912 0 0 0 912 2,~~090~~356,~~586~~100.6037 0.00 0.00 0.00 2,~~090~~356,~~586~~100.6037 60 Days 02 0 0 0 02 0321,939.0049 0.00 0.00 0.00 0321,939.0049 90 Days 02 0 0 0 02 0390,399.0099 0.00 0.00 0.00 0390,399.0099 120 Days 10 0 0 0 10 ~~111,265~~0.0300 0.00 0.00 0.00 ~~111,265~~0.0300 150 Days 10 0 0 0 10 ~~106,400~~0.00 0.00 0.00 0.00 ~~106,400~~0.00 180 Days 02 0 0 0 02 0217,665.0003 0.00 0.00 0.00 0217,665.0003 Totals 1118 0 0 0 1118 23,~~308~~286,~~251~~104.6388 0.00 0.00 0.00 23,~~308~~286,~~251~~104.6388 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 12.~~757813~~515723% 0.000000% 0.000000% 0.000000% 12.~~757813~~515723% 2.~~161532~~635190% 0.000000% 0.000000% 0.000000% 2.~~161532~~635190% 60 Days 0.~~000000~~419287% 0.000000% 0.000000% 0.000000% 0.~~000000~~419287% 0.~~000000~~360074% 0.000000% 0.000000% 0.000000% 0.~~000000~~360074% 90 Days 0.~~000000~~419287% 0.000000% 0.000000% 0.000000% 0.~~000000~~419287% 0.~~000000~~436644% 0.000000% 0.000000% 0.000000% 0.~~000000~~436644% 120 Days 0.~~195313~~000000% 0.000000% 0.000000% 0.000000% 0.~~195313~~000000% 0.~~115041~~000000% 0.000000% 0.000000% 0.000000% 0.~~115041~~000000% 150 Days 0.~~195313~~000000% 0.000000% 0.000000% 0.000000% 0.~~195313~~000000% 0.~~110011~~000000% 0.000000% 0.000000% 0.000000% 0.~~110011~~000000% 180 Days 0.~~000000~~419287% 0.000000% 0.000000% 0.000000% 0.~~000000~~419287% 0.~~000000~~243448% 0.000000% 0.000000% 0.000000% 0.~~000000~~243448% Totals 23.~~148438~~773585% 0.000000% 0.000000% 0.000000% 23.~~148438~~773585% 23.~~386584~~675357% 0.000000% 0.000000% 0.000000% 23.~~386584~~675357% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 5 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 119 0 0 0 119 21,~~331~~625,~~367~~279.4039 0.00 0.00 0.00 21,~~331~~625,~~367~~279.4039 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 01 0 0 0 01 0118,400.00 0.00 0.00 0.00 0118,400.00 120 Days 01 0 0 0 01 0204,250.00 0.00 0.00 0.00 0204,250.00 150 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 11 0 0 0 11 21,~~331~~947,~~367~~929.4039 0.00 0.00 0.00 21,~~331~~947,~~367~~929.4039 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.~~189189~~012373% 0.000000% 0.000000% 0.000000% 1.~~189189~~012373% 10.~~351756~~990118% 0.000000% 0.000000% 0.000000% 10.~~351756~~990118% 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~~112486% 0.000000% 0.000000% 0.000000% 0.~~000000~~112486% 0.~~000000~~072129% 0.000000% 0.000000% 0.000000% 0.~~000000~~072129% 120 Days 0.~~000000~~112486% 0.000000% 0.000000% 0.000000% 0.~~000000~~112486% 0.~~000000~~124429% 0.000000% 0.000000% 0.000000% 0.~~000000~~124429% 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 1.~~189189~~237345% 0.000000% 0.000000% 0.000000% 1.~~189189~~237345% 1.~~351756~~186675% 0.000000% 0.000000% 0.000000% 1.~~351756~~186675%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 5256,~~043~~513.0918

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 570,442,165.00 93.70666002% ~~490~~455,~~587~~835,~~082~~152.2489 9495.~~54963340~~06593091% 8887.~~288567~~334597% 0.000000% Class IA2 556,075,565.00 91.34665548% ~~479~~446,~~982~~963,~~010~~188.3677 9293.~~50574416~~21565341% 21.~~043889~~850278% 1714.~~452085~~608912% Class IA3 509,179,665.00 83.64305566% ~~445~~418,~~364~~003,~~606~~049.7611 8587.~~83401770~~17592037% 6.~~671726~~039733% 5647.~~967637~~686862% Class 2A1 436,473,865.00 71.69965789% ~~386~~364,~~437~~174,~~933~~882.8648 7475.~~47722596~~94987793% 11.~~356792~~226042% 9688.~~971839~~635496% Class 2A2 388,003,365.00 63.73739818% ~~347~~328,~~153~~289,~~512~~462.2774 6668.~~90603668~~46585479% 7.~~571189~~484023% 6459.~~647848~~090290% Class 2A3 349,948,765.00 57.48616067% ~~316~~300,~~310~~115,~~980~~515.2282 6062.~~96183186~~59008484% 5.~~944205~~875770% 5046.~~755573~~392287% Class R-I 60,875,565.00 10.00004246% 60,~~766~~729,~~789~~808.07 1112.~~71143277~~66540262% 0.000000% 0.000000% Class M 40,482,265.00 6.65003058% 40,~~409~~385,~~928~~336.9861 78.~~78810554~~42249571% 34.~~923327~~242907% 33.499977% Class B-1 27,089,765.00 4.45004166% 27,~~041~~024,~~359~~902.4684 5.~~21161424~~63613300% 2.~~576491~~786363% 21.999796% Class B-2 17,349,665.00 2.85003329% 17,~~318~~308,~~663~~123.6397 3.~~33778315~~60966658% 12.~~873831~~026466% 16.000016% Class B-3 10,349,065.00 1.70004319% 10,~~330~~324,~~572~~285.7080 12.~~99098569~~15316400% 1.~~346797~~456503% 11.499852% Class B-4 5,174,565.00 0.85002693% 5,~~165~~162,~~318~~175.7932 01.~~99549910~~07658876% 01.~~995487~~076575% 8.500126% Class B-5 2,130,765.00 0.35002124% 2,~~126~~125,~~957~~663.6322 0.~~40992328~~44331410% 0.~~585576~~633275% 5.000036% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~409923~~443314% 3.500197% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~590585~~579332% Weighted Average Net Coupon 5.~~460090~~448817% Weighted Average Pass-Through Rate 5.~~297202~~284361% Weighted Average Maturity(Stepdown Calculation ) ~~351~~349 Beginning Scheduled Collateral Loan Count 21,~~050~~937 Number Of Loans Paid In Full 5462 Ending Scheduled Collateral Loan Count 1,~~996~~875 Beginning Scheduled Collateral Balance ~~537~~498,~~251~~093,~~789~~715.6440 Ending Scheduled Collateral Balance ~~518~~479,~~867~~493,~~249~~703.5048 Ending Actual Collateral Balance at 31-~~Aug~~Oct-2004 ~~518~~479,~~999~~620,~~302~~531.2385 Monthly P &I Constant 2,~~665~~473,~~583~~098.19 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 20,~~469~~507,~~721~~203.1576 Ending Scheduled Balance for Premium Loans ~~518~~479,~~867~~493,~~249~~703.5048 Scheduled Principal ~~162~~157,~~623~~239.2662 Unscheduled Principal 18,~~221~~442,~~916~~772.8830

Miscellaneous Reporting Senior Percentage Group 1 8785.~~455177~~462527% Senior Percentage Group 2 8887.~~620821~~509084% Senior Percentage Group 3 89.~~098005~~075649% Senior Percentage Group 4 88.~~972023~~453217% Senior Percentage Group 5 8988.~~153947~~607307% Senior Prepayment Percentage Group 1 100.000000% Senior Prepayment Percentage Group 2 100.000000% Senior Prepayment Percentage Group 3 100.000000% Senior Prepayment Percentage Group 4 100.000000% Senior Prepayment Percentage Group 5 100.000000% Subordinate Percentage Group 1 1214.~~544823~~537473% Subordinate Percentage Group 2 1112.~~379179~~490916% Subordinate Percentage Group 3 10.~~901995~~924351% Subordinate Percentage Group 4 11.~~027977~~546783% Subordinate Percentage Group 5 1011.~~846053~~392693% Subordinate Prepay Percent Group 1 0.000000% Subordinate Prepay Percent Group 2 0.000000% Subordinate Prepay Percent Group 3 0.000000% Subordinate Prepay Percent Group 4 0.000000% Subordinate Prepay Percent Group 5 0.000000% Average Loss Severity Group 1 ~~7,755~~0.60000000% Average Loss Severity Group 2 0.000000% Average Loss Severity Group 3 0.000000% Average Loss Severity Group 4 0.000000% Average Loss Severity Group 5 0.000000%

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~558035~~552635 5.~~687016~~666085 5.~~503483~~505611 Weighted Average Net Rate 5.~~410454~~400993 5.~~557888~~538158 5.~~387902~~390326 Weighted Average Maturity ~~352~~350 ~~351~~ 349 347 Beginning Loan Count ~~177~~155 ~~317~~288 88 Loans Paid In Full 68 1712 02 Ending Loan Count ~~171~~147 ~~300~~276 8886 Beginning Scheduled Balance 8876,~~137~~039,~~835~~292.4081 ~~155~~141,~~277~~382,~~349~~654.8469 18,~~502~~445,~~171~~409.6669 Ending scheduled Balance 8472,~~558~~543,~~092~~441.1429 ~~146~~135,~~718~~542,~~336~~700.2746 1817,~~488~~926,~~301~~413.8910 Record Date 0810/31/2004 0810/31/2004 0810/31/2004 Principal And Interest Constant ~~418~~361,~~475~~510.0986 ~~776~~706,~~120~~171.6730 94,~~298~~278.7857 Scheduled Principal 109,~~247~~662.4414 4038,~~233~~599.3354 9,~~443~~650.4586 Unscheduled Principal 3,~~569~~486,~~495~~189.8238 85,~~518~~801,~~780~~354.2469 4509,~~426~~345.3273 Scheduled Interest ~~408~~351,~~227~~848.6572 ~~735~~667,~~887~~571.3476 84,~~855~~627.3371 Servicing Fees 109,~~839~~608.5896 1615,~~708~~072.8723 1,~~782~~772.0907 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 98,~~904~~531.0361 1918,~~603~~128.7562 3,~~039~~036.0016 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 ~~387~~333,~~484~~708.0415 ~~699~~634,~~574~~370.7291 8079,~~034~~819.2448 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 5.~~275610~~266353 5.~~406388~~384289 5.~~190800~~192801

Group Level Collateral Statement Group Group 4 Group 5 Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.~~442609~~428752 5.~~613474~~610526 5.~~590585~~579332 Weighted Average Net Rate 5.~~314596~~300751 5.~~487349~~484311 5.~~460090~~448817 Weighted Average Maturity ~~352~~ 350 ~~351~~348 349 Beginning Loan Count ~~521~~498 ~~947~~908 21,~~050~~937 Loans Paid In Full 921 2219 5462 Ending Loan Count ~~512~~477 ~~925~~889 1,~~996~~875 Beginning Scheduled Balance 9893,~~294~~827,~~980~~526.3702 ~~177~~168,~~039~~398,~~452~~832.3719 ~~537~~498,~~251~~093,~~789~~715.6440 Ending scheduled Balance 9689,~~695~~388,~~580~~614.2471 ~~172~~164,~~406~~092,~~938~~533.9692 ~~518~~479,~~867~~493,~~249~~703.5048 Record Date 0810/31/2004 0810/31/2004 0810/31/2004 Principal And Interest Constant ~~472~~450,~~341~~521.9582 ~~904~~860,~~346~~615.7064 2,~~665~~473,~~583~~098.19 Scheduled Principal 26,~~524~~049.3586 7673,~~174~~277.6922 ~~162~~157,~~623~~239.2662 Unscheduled Principal 14,~~572~~412,~~875~~861.7845 4,~~556~~233,~~338~~021.7205 18,~~221~~442,~~916~~772.8830 Scheduled Interest ~~445~~424,~~817~~471.6096 ~~828~~787,~~172~~338.0142 2,~~502~~315,~~959~~858.9357 Servicing Fees 10,~~485~~008.8136 1817,~~607~~712.6118 5854,~~423~~173.9680 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 14,~~724~~046.0667 2524,~~655~~519.7705 7268,~~926~~262.6111 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 ~~420~~400,~~607~~416.7393 ~~783~~745,~~908~~107.6319 2,~~371~~193,~~609~~422.3666 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 5.~~134843~~121102 5.~~313450~~309589 5.~~297202~~284361

Filing Compare · BEAR STEARNS TRUST MORTGAGE PASS-THROUGH CERTS SER 2004-2