8-K 1 fom0400b_nov.txt NOV 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): November 26, 2004 FREMONT HOME LOAN TRUST Asset Backed Certificates, Series 2004-B Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-111379-11 Pooling and Servicing Agreement) (Commission 54-2154055 (State or other File Number) 54-2154056 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 FREMONT HOME LOAN TRUST, Asset Backed Certificates, Series 2004-B Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2004-B 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. FREMONT HOME LOAN TRUST Asset Backed Certificates, Series 2004-B Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 12/6/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2004-B Trust, relating to the November 26, 2004 distribution. EX-99.1

Fremont Home Loan Trust ~~Asset~~Mortgage Pass-~~Backed~~Through Certificates Record Date: 710/31/~~2004~~04 Distribution Date: 811/2526/~~2004~~04 FREMONT Series: 2004-B 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 IA-1 35729PDL1 SEN 12.~~72000~~20250% ~~408~~369,~~614~~255,~~425~~128.3692 ~~585~~722,~~680~~919.6849 1113,~~193~~408,~~974~~958.2186 IIA-1 35729PDM9 SEN 12.~~55000~~03250% 5236,~~406~~149,~~647~~172.4624 6765,~~691~~309.9250 47,~~410~~609,~~602~~020.7152 IIA-2 35729PDN7 SEN 12.~~69000~~17250% 138,750,000.00 ~~195~~267,~~406~~941.2567 0.00 IIA-3 35729PDP2 SEN 12.~~93000~~41250% 20,532,000.00 3344,~~022~~029.3073 0.00 M-1 35729PDQ0 MEZ 2.~~03000~~51250% 27,654,000.00 4661,~~781~~760.3560 0.00 M-2 35729PDR8 MEZ 2.~~08000~~56250% 25,679,000.00 4458,~~510~~491.2706 0.00 M-3 35729PDS6 MEZ 2.~~12500~~60750% 14,617,000.00 2533,~~884~~878.2796 0.00 M-4 35729PDT4 MEZ 23.~~62000~~10250% 13,432,000.00 2937,~~326~~042.5347 0.00 M-5 35729PDU1 MEZ 23.~~67500~~15750% 10,667,000.00 2329,~~778~~938.5271 0.00 M-6 35729PDV9 MEZ 3.~~00000~~48250% 9,877,000.00 2430,~~692~~574.5080 0.00 M-7 35729PDW7 MEZ 3.~~45000~~93250% 10,667,000.00 3037,~~667~~287.6309 0.00 M-8 35729PDX5 MEZ 34.~~80000~~28250% 7,901,000.00 2530,~~019~~076.8347 0.00 M-9 35729PDY3 MEZ 45.~~95000~~43250% 9,877,000.00 4047,~~742~~694.6394 0.00 C FOM0400BC OC 0.00000% 15,802,510.80 32,~~013~~401,~~764~~662.7711 0.00 P FOM0400BP PrePay 0.00000% 100.00 ~~396~~459,~~804~~111.2765 0.00 R-1 FOM040BR1 RES 0.00000% 0.00 0.00 0.00 R-2 FOM040BR2 RES 0.00000% 0.00 0.00 0.00 Totals ~~766~~710,~~476~~859,~~683~~911.6296 4,~~583~~327,~~773~~719.7225 1521,~~604~~017,~~576~~979.9238

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses IA-1 0.00 ~~397~~355,~~420~~846,~~451~~170.1506 1114,~~779~~131,~~654~~878.8935 0.00 IIA-1 0.00 4728,~~996~~540,~~044~~151.7572 47,~~478~~674,~~294~~330.6302 0.00 IIA-2 0.00 138,750,000.00 ~~195~~267,~~406~~941.2567 0.00 IIA-3 0.00 20,532,000.00 3344,~~022~~029.3073 0.00 M-1 0.00 27,654,000.00 4661,~~781~~760.3560 0.00 M-2 0.00 25,679,000.00 4458,~~510~~491.2706 0.00 M-3 0.00 14,617,000.00 2533,~~884~~878.2796 0.00 M-4 0.00 13,432,000.00 2937,~~326~~042.5347 0.00 M-5 0.00 10,667,000.00 2329,~~778~~938.5271 0.00 M-6 0.00 9,877,000.00 2430,~~692~~574.5080 0.00 M-7 0.00 10,667,000.00 3037,~~667~~287.6309 0.00 M-8 0.00 7,901,000.00 2530,~~019~~076.8347 0.00 M-9 0.00 9,877,000.00 4047,~~742~~694.6394 0.00 C 0.00 15,802,510.80 32,~~013~~401,~~764~~662.7711 0.00 P 0.00 100.00 ~~396~~459,~~804~~111.2765 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 Totals 0.00 ~~750~~689,~~872~~841,~~106~~932.7058 2025,~~188~~345,~~350~~698.6463 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) IA-1 423,670,000.00 ~~408~~369,~~614~~255,~~425~~128.3692 0.00 1113,~~193~~408,~~974~~958.2186 0.00 0.00 IIA-1 61,000,000.00 5236,~~406~~149,~~647~~172.4624 0.00 47,~~410~~609,~~602~~020.7152 0.00 0.00 IIA-2 138,750,000.00 138,750,000.00 0.00 0.00 0.00 0.00 IIA-3 20,532,000.00 20,532,000.00 0.00 0.00 0.00 0.00 M-1 27,654,000.00 27,654,000.00 0.00 0.00 0.00 0.00 M-2 25,679,000.00 25,679,000.00 0.00 0.00 0.00 0.00 M-3 14,617,000.00 14,617,000.00 0.00 0.00 0.00 0.00 M-4 13,432,000.00 13,432,000.00 0.00 0.00 0.00 0.00 M-5 10,667,000.00 10,667,000.00 0.00 0.00 0.00 0.00 M-6 9,877,000.00 9,877,000.00 0.00 0.00 0.00 0.00 M-7 10,667,000.00 10,667,000.00 0.00 0.00 0.00 0.00 M-8 7,901,000.00 7,901,000.00 0.00 0.00 0.00 0.00 M-9 9,877,000.00 9,877,000.00 0.00 0.00 0.00 0.00 C 15,802,440.02 15,802,510.80 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 0.00 Totals 790,125,540.02 ~~766~~710,~~476~~859,~~683~~911.6296 0.00 1521,~~604~~017,~~576~~979.9238 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 IA-1 1113,~~193~~408,~~974~~958.2186 ~~397~~355,~~420~~846,~~451~~170.1506 0.~~93804247~~83991354 1113,~~193~~408,~~974~~958.2186 IIA-1 47,~~410~~609,~~602~~020.7152 4728,~~996~~540,~~044~~151.7572 0.~~78682041~~46787134 47,~~410~~609,~~602~~020.7152 IIA-2 0.00 138,750,000.00 1.00000000 0.00 IIA-3 0.00 20,532,000.00 1.00000000 0.00 M-1 0.00 27,654,000.00 1.00000000 0.00 M-2 0.00 25,679,000.00 1.00000000 0.00 M-3 0.00 14,617,000.00 1.00000000 0.00 M-4 0.00 13,432,000.00 1.00000000 0.00 M-5 0.00 10,667,000.00 1.00000000 0.00 M-6 0.00 9,877,000.00 1.00000000 0.00 M-7 0.00 10,667,000.00 1.00000000 0.00 M-8 0.00 7,901,000.00 1.00000000 0.00 M-9 0.00 9,877,000.00 1.00000000 0.00 C 0.00 15,802,510.80 1.00000448 0.00 P 0.00 100.00 1.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 Totals 1521,~~604~~017,~~576~~979.9238 ~~750~~689,~~872~~841,~~106~~932.7058 0.~~95032000~~87307889 1521,~~604~~017,~~576~~979.9238

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion IA-1 423,670,000.00 ~~964~~871.~~46391144~~56307721 0.00000000 2631.~~42144643~~64953587 0.00000000 IIA-1 61,000,000.00 ~~859~~592.~~12536820~~60938098 0.00000000 72124.~~30496246~~73804131 0.00000000 IIA-2 138,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IIA-3 20,532,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 27,654,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 25,679,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 14,617,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 13,432,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 10,667,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 9,877,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 10,667,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 7,901,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 9,877,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 15,802,440.02 1000.00447906 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000000 0.00000000 0.00000000 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 IA-1 0.00000000 2631.~~42144643~~64953587 ~~938~~839.~~04246501~~91354134 0.~~93804247~~83991354 2631.~~42144643~~64953587 IIA-1 0.00000000 72124.~~30496246~~73804131 ~~786~~467.~~82040574~~87133967 0.~~78682041~~46787134 72124.~~30496246~~73804131 IIA-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IIA-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 1,000.00447906 1.00000448 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

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 IA-1 423,670,000.00 12.~~72000~~20250% ~~408~~369,~~614~~255,~~425~~128.3692 ~~585~~722,~~680~~919.6849 0.00 0.00 IIA-1 61,000,000.00 12.~~55000~~03250% 5236,~~406~~149,~~647~~172.4624 6765,~~691~~309.9250 0.00 0.00 IIA-2 138,750,000.00 12.~~69000~~17250% 138,750,000.00 ~~195~~267,~~406~~941.2567 0.00 0.00 IIA-3 20,532,000.00 12.~~93000~~41250% 20,532,000.00 3344,~~022~~029.3073 0.00 0.00 M-1 27,654,000.00 2.~~03000~~51250% 27,654,000.00 4661,~~781~~760.3560 0.00 0.00 M-2 25,679,000.00 2.~~08000~~56250% 25,679,000.00 4458,~~510~~491.2706 0.00 0.00 M-3 14,617,000.00 2.~~12500~~60750% 14,617,000.00 2533,~~884~~878.2796 0.00 0.00 M-4 13,432,000.00 23.~~62000~~10250% 13,432,000.00 2937,~~326~~042.5347 0.00 0.00 M-5 10,667,000.00 23.~~67500~~15750% 10,667,000.00 2329,~~778~~938.5271 0.00 0.00 M-6 9,877,000.00 3.~~00000~~48250% 9,877,000.00 2430,~~692~~574.5080 0.00 0.00 M-7 10,667,000.00 3.~~45000~~93250% 10,667,000.00 3037,~~667~~287.6309 0.00 0.00 M-8 7,901,000.00 34.~~80000~~28250% 7,901,000.00 2530,~~019~~076.8347 0.00 0.00 M-9 9,877,000.00 45.~~95000~~43250% 9,877,000.00 4047,~~742~~694.6394 0.00 0.00 C 15,802,440.02 0.00000% 15,802,510.80 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R-1 0.00 0.00000% 0.00 0.00 0.00 0.00 R-2 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 790,125,540.02 1,~~173~~466,~~204~~945.6849 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 IA-1 0.00 0.00 ~~585~~722,~~680~~919.6849 0.00 ~~397~~355,~~420~~846,~~451~~170.1506 IIA-1 0.00 0.00 6765,~~691~~309.9250 0.00 4728,~~996~~540,~~044~~151.7572 IIA-2 0.00 0.00 ~~195~~267,~~406~~941.2567 0.00 138,750,000.00 IIA-3 0.00 0.00 3344,~~022~~029.3073 0.00 20,532,000.00 M-1 0.00 0.00 4661,~~781~~760.3560 0.00 27,654,000.00 M-2 0.00 0.00 4458,~~510~~491.2706 0.00 25,679,000.00 M-3 0.00 0.00 2533,~~884~~878.2796 0.00 14,617,000.00 M-4 0.00 0.00 2937,~~326~~042.5347 0.00 13,432,000.00 M-5 0.00 0.00 2329,~~778~~938.5271 0.00 10,667,000.00 M-6 0.00 0.00 2430,~~692~~574.5080 0.00 9,877,000.00 M-7 0.00 0.00 3037,~~667~~287.6309 0.00 10,667,000.00 M-8 0.00 0.00 2530,~~019~~076.8347 0.00 7,901,000.00 M-9 0.00 0.00 4047,~~742~~694.6394 0.00 9,877,000.00 C 0.00 0.00 32,~~013~~401,~~764~~662.7711 0.00 15,802,510.80 P 0.00 0.00 ~~396~~459,~~804~~111.2765 0.00 100.00 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 4,~~583~~327,~~773~~719.7225 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 IA-1 423,670,000.00 12.~~72000~~20250% ~~964~~871.~~46391144~~56307721 1.~~38239828~~70632683 0.00000000 0.00000000 IIA-1 61,000,000.00 12.~~55000~~03250% ~~859~~592.~~12536820~~60938098 1.~~10970361~~07064754 0.00000000 0.00000000 IIA-2 138,750,000.00 12.~~69000~~17250% 1000.00000000 1.~~40833333~~93111114 0.00000000 0.00000000 IIA-3 20,532,000.00 12.~~93000~~41250% 1000.00000000 12.~~60833333~~14444428 0.00000000 0.00000000 M-1 27,654,000.00 2.~~03000~~51250% 1000.00000000 12.~~69166667~~23333333 0.00000000 0.00000000 M-2 25,679,000.00 2.~~08000~~56250% 1000.00000000 12.~~73333346~~27777795 0.00000000 0.00000000 M-3 14,617,000.00 2.~~12500~~60750% 1000.00000000 12.~~77083328~~31777793 0.00000000 0.00000000 M-4 13,432,000.00 23.~~62000~~10250% 1000.00000000 2.~~18333309~~75777770 0.00000000 0.00000000 M-5 10,667,000.00 23.~~67500~~15750% 1000.00000000 2.~~22916659~~80666635 0.00000000 0.00000000 M-6 9,877,000.00 3.~~00000~~48250% 1000.00000000 23.~~50000000~~09555533 0.00000000 0.00000000 M-7 10,667,000.00 3.~~45000~~93250% 1000.00000000 23.~~87500047~~49555545 0.00000000 0.00000000 M-8 7,901,000.00 34.~~80000~~28250% 1000.00000000 3.~~16666624~~80666624 0.00000000 0.00000000 M-9 9,877,000.00 45.~~95000~~43250% 1000.00000000 4.~~12500051~~82888934 0.00000000 0.00000000 C 15,802,440.02 0.00000% 1000.00447906 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00 0.00000% 0.00000000 0.00000000 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 IA-1 0.00000000 0.00000000 1.~~38239828~~70632683 0.00000000 ~~938~~839.~~04246501~~91354134 IIA-1 0.00000000 0.00000000 1.~~10970361~~07064754 0.00000000 ~~786~~467.~~82040574~~87133967 IIA-2 0.00000000 0.00000000 1.~~40833333~~93111114 0.00000000 1000.00000000 IIA-3 0.00000000 0.00000000 12.~~60833333~~14444428 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 12.~~69166667~~23333333 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 12.~~73333346~~27777795 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 12.~~77083328~~31777793 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 2.~~18333309~~75777770 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 2.~~22916659~~80666635 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 23.~~50000000~~09555533 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 23.~~87500047~~49555545 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 3.~~16666624~~80666624 0.00000000 1000.00000000 M-9 0.00000000 0.00000000 4.~~12500051~~82888934 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~190~~151.~~71515324~~98046042 0.00000000 1000.00447906 P 0.00000000 0.00000000 ~~3968042~~4591116.~~70000000~~50000000 0.00000000 1000.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 2025,~~065~~156,~~543~~908.2557 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~315~~448,~~613~~447.6881 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties ~~396~~459,~~804~~111.2765 Total Deposits 2026,~~777~~064,~~961~~468.2003 Withdrawals Reimbursement for Servicer Advances ~~262~~415,~~261~~173.2002 Payment of Service Fee ~~327~~303,~~349~~596.3638 Payment of Interest and Principal 2025,~~188~~345,~~350~~698.6463 Total Withdrawals (Pool Distribution Amount) 2026,~~777~~064,~~961~~468.2003 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~319~~296,~~365~~191.2666 Master Servicing 3,~~992~~702.0536 Trust Administration 3,~~992~~702.0536 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~327~~303,~~349~~596.3638

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 4356 0 10 0 4456 810,~~183~~987,~~532~~657.0047 0.00 ~~80,938~~0.0700 0.00 810,~~264~~987,~~470~~657.0747 60 Days 214 01 1312 0 1527 ~~342~~2,~~384~~245,463.2851 0109,897.0022 21,~~749~~477,~~749~~115.8288 0.00 3,~~092~~832,~~134~~476.1061 90 Days ~~0 1~~ 2 0 39 0~~.00~~ 8711 346,~~500~~888.87 0.00 ~~179~~1,~~250~~086,315.0071 0.00 ~~266~~1,~~750~~433,204.0058 120 Days 02 01 04 0 07 0609,123.0064 0197,556.0039 0634,678.0051 0.00 01,441,358.0054 150 Days 0 02 15 0 17 0.00 0526,854.0007 ~~160~~1,~~500~~258,846.00 0.00 ~~160~~1,~~500~~785,700.0007 180+ Days 01 01 02 0 04 0297,500.00 087,500.00 0286,408.0060 0.00 0671,408.0060 Totals 4575 15 1732 0 63112 814,~~525~~486,~~916~~633.2849 87921,~~500~~807.0068 34,~~170~~743,~~437~~364.8970 0.00 1120,~~783~~151,~~854~~805.1787 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 1.~~205495~~695428% 0.000000% 0.~~028035~~000000% 0.000000% 1.~~233530~~695428% 1.~~089138~~591531% 0.000000% 0.~~010772~~000000% 0.000000% 1.~~099910~~591531% 60 Days 0.~~056070~~423857% 0.~~000000~~030276% 0.~~364452~~363306% 0.000000% 0.~~420521~~817439% 0.~~045568~~325249% 0.~~000000~~015918% 0.~~365961~~213956% 0.000000% 0.~~411529~~555123% 90 Days 0.~~000000~~060551% 0.~~028035~~000000% 0.~~056070~~272480% 0.000000% 0.~~084104~~333031% 0.~~000000~~050246% 0.~~011645~~000000% 0.~~023856~~157350% 0.000000% 0.~~035501~~207596% 120 Days 0.~~000000~~060551% 0.~~000000~~030276% 0.~~000000~~121102% 0.000000% 0.~~000000~~211929% 0.~~000000~~088230% 0.~~000000~~028615% 0.~~000000~~091931% 0.000000% 0.~~000000~~208777% 150 Days 0.000000% 0.~~000000~~060551% 0.~~028035~~151378% 0.000000% 0.~~028035~~211929% 0.000000% 0.~~000000~~076313% 0.~~021361~~182340% 0.000000% 0.~~021361~~258654% 180+ Days 0.~~000000~~030276% 0.~~000000~~030276% 0.~~000000~~060551% 0.000000% 0.~~000000~~121102% 0.~~000000~~043092% 0.~~000000~~012674% 0.~~000000~~041485% 0.000000% 0.~~000000~~097252% Totals 12.~~261564~~270663% 0.~~028035~~151378% 0.~~476591~~968816% 0.000000% 13.~~766190~~390857% 12.~~134706~~098347% 0.~~011645~~133521% 0.~~421950~~687063% 0.000000% 12.~~568302~~918931%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~315~~448,~~613~~447.6881

COLLATERAL STATEMENT Collateral Description Fixed & Mixed ARM Weighted Average Gross Coupon 7.~~066380~~040518% Weighted Average Net Coupon 6.~~566380~~540518% Weighted Average Pass-Through Rate 6.~~553880~~528018% Weighted Average Maturity(Stepdown Calculation ) ~~352~~349 Beginning Scheduled Collateral Loan Count 3,~~641~~394 Number Of Loans Paid In Full 7491 Ending Scheduled Collateral Loan Count 3,~~567~~303 Beginning Scheduled Collateral Balance ~~766~~710,~~476~~859,~~683~~911.6296 Ending Scheduled Collateral Balance ~~750~~689,~~872~~841,~~106~~932.7058 Ending Actual Collateral Balance at 31-~~Jul~~Oct-2004 ~~751~~690,~~376~~383,~~820~~058.8423 Monthly P &I Constant 54,~~059~~689,~~971~~132.2847 Special Servicing Fee 0.00 Prepayment Penalties ~~396~~459,~~804~~111.2765 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~750~~689,~~872~~841,~~106~~932.7058 Scheduled Principal ~~546~~518,~~458~~447.4842 Unscheduled Principal 1520,~~058~~499,~~118~~531.4496

Other Income ~~806~~1,518.0193

Miscellaneous Reporting Excess Cash Amount 32,~~013~~401,~~764~~661.4376 Extra Principal Amount 0.00 Overcollateralization Amount 15,802,510.80 Overcollateralization Deficiency 0.00 Overcollateralization Release 0.00 Target Overcollateralization Amount 15,802,510.80 Step Down NO Trigger Event NO Yield Maintenance Payment 0.00

Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 6.~~914715~~889058 7.~~231201~~206310 6.~~735967~~689643 Weighted Average Net Rate 6.~~414715~~389058 6.~~731201~~706310 6.~~235968~~189643 Weighted Average Maturity ~~355~~352 340 343 ~~346~~ Beginning Loan Count ~~693~~653 21,~~011~~856 ~~174~~168 Loans Paid In Full 1211 4557 42 Ending Loan Count ~~681~~642 1,~~966~~799 ~~170~~166 Beginning Scheduled Balance ~~129~~121,~~105~~014,~~304~~032.9137 ~~375~~344,~~679~~411,~~694~~671.9404 5048,~~041~~262,~~620~~767.4999 Ending scheduled Balance ~~126~~118,~~794~~982,~~670~~934.2923 ~~366~~333,~~796~~033,~~355~~810.3532 4847,~~846~~988,~~864~~397.0745 Record Date 0710/31/2004 0710/31/2004 0710/31/2004 Principal And Interest Constant ~~874~~819,~~454~~521.2215 2,~~502~~291,~~751~~861.7632 ~~330~~318,~~620~~497.0396 Scheduled Principal ~~130~~124,~~515~~793.5689 ~~238~~223,~~905~~580.6114 49,~~721~~447.0938 Unscheduled Principal 21,~~180~~906,~~119~~304.0625 811,~~644~~154,~~433~~280.9858 1224,~~145,035~~923.3316 Scheduled Interest ~~743~~694,~~938~~727.6626 2,~~263~~068,~~846~~281.1518 ~~280~~269,~~898~~050.9458 Servicing Fees 5350,~~793~~422.8752 ~~156~~143,~~533~~504.1986 20,~~850~~109.6750 Master Servicing Fees ~~672~~630.4026 1,~~956~~793.6682 ~~260~~251.6437 Trustee Fee ~~672~~630.4026 1,~~956~~793.6682 ~~260~~251.6437 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 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 ~~690~~644,~~144~~304.7668 21,~~107~~924,~~312~~776.9008 ~~260~~248,~~048~~941.2712 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 6.~~402215~~376558 6.~~718701~~693810 6.~~223467~~177143

Group Level Collateral Statement Group Group 4 Total Collateral Description Fixed 15/30 & ARM Fixed & Mixed ARM Weighted Average Coupon Rate 6.~~944457~~929762 7.~~066380~~040518 Weighted Average Net Rate 6.~~444457~~429762 6.~~566380~~540518 Weighted Average Maturity ~~355~~ 352 349 Beginning Loan Count ~~763~~717 3,~~641~~394 Loans Paid In Full 1321 7491 Ending Loan Count ~~750~~696 3,~~567~~303 Beginning Scheduled Balance ~~211~~197,~~650~~171,~~063~~440.2856 ~~766~~710,~~476~~859,~~683~~911.6296 Ending scheduled Balance ~~208~~189,~~434~~836,~~216~~790.9958 ~~750~~689,~~872~~841,~~106~~932.7058 Record Date 0710/31/2004 0710/31/2004 Principal And Interest Constant 1,~~352~~259,~~145~~252.2704 54,~~059~~689,~~971~~132.2847 Scheduled Principal ~~127~~120,~~316~~626.2201 ~~546~~518,~~458~~447.4842 Unscheduled Principal 37,~~088~~214,~~530~~023.0797 1520,~~058~~499,~~118~~531.4496 Scheduled Interest 1,~~224~~138,~~829~~626.0503 4,~~513~~170,~~512~~685.8005 Servicing Fees 8882,~~187~~154.5378 ~~319~~296,~~365~~191.2666 Master Servicing Fees 1,~~102~~026.3591 3,~~992~~702.0536 Trustee Fee 1,~~102~~026.3591 3,~~992~~702.0536 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 1,~~136~~056,~~641~~471.5116 43,~~194~~874,~~147~~493.4404 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.~~431957~~417262 6.~~553880~~528018

Filing Compare · FREMONT HOME LOAN TRUST 2004-B