8-K 1 sam04ar4_dec.txt DECEMBER 8K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 20, 2004 STRUCTURED ASSET MORTGAGE INVESTMENTS II INC. Mortgage Pass-Through Certificates, Series 2004-AR4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-115122-12 54-6636462 Pooling and Servicing Agreement) (Commission 54-6636463 (State or other File Number) 54-6636464 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 December 20, 2004 a distribution was made to holders of STRUCTURED ASSET MORTGAGE INVESTMENTS II INC., Mortgage Pass-Through Certificates, Series 2004-AR4 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-AR4 Trust, relating to the December 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-AR4 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: 12/21/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-AR4 Trust, relating to the December 20, 2004 distribution. EX-99.1

Structured Asset Mortgage Investments Inc. Mortgage Pass-Through Certificates Record Date: 911/30/042004 Distribution Date: 1012/1920/042004 ~~SAM~~Structured Asset Mortgage Investments Inc. Mortgage Pass-Through Certificates Series: 2004-AR4 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 86359LDH9 SEN 2.~~16125~~48000% ~~326~~316,~~197~~488,~~085~~941.0039 ~~587~~654,~~494~~077.5315 26,~~715~~248,~~876~~426.9296 II-A-1 86359LDJ5 SEN 2.~~16125~~48000% ~~249~~243,~~738~~898,~~684~~611.6820 ~~449~~504,~~789~~057.7713 34,~~235~~592,~~575~~127.9407 III-A-1 86359LDW6 SEN 3.~~28382~~70959% 6261,~~255~~295,~~571~~967.3041 ~~170~~189,~~363~~485.2789 ~~590~~3,~~327~~567,137.1031 X 86359LDK2 SEN 01.~~96425~~00089% 0.00 ~~503~~509,~~309~~707.2679 0.00 R-I 86359LDL0 SEN 2.~~99581~~99954% 0.00 0.00 0.00 R-II 86359LDM8 SEN 2.~~99581~~99954% 0.00 0.00 0.00 R-III 86359LDN6 SEN 2.~~99581~~99954% 0.00 0.00 0.00 M 86359LDP1 MEX 2.~~26125~~58000% 27,398,000.00 5158,~~628~~905.1170 0.00 B-1 86359LDQ9 SUB 2.~~43125~~75000% 10,674,400.00 2124,~~626~~462.7817 0.00 B-2 86359LDR7 SUB 3.~~01125~~33000% 7,828,000.00 1921,~~643~~722.3970 0.00 B-3 86359LDS5 SUB 3.~~31125~~63000% 5,337,300.00 1416,~~727~~145.6133 0.00 B-4 86359LDT3 SUB 3.~~16482~~52774% 2,490,700.00 67,~~568~~322.8512 0.00 B-5 86359LDU0 SUB 3.~~16482~~52774% 2,134,900.00 56,~~630~~276.4815 0.00 B-6 86359LDV8 SUB 3.~~16482~~52774% 4,625,782.00 1213,~~199~~598.8180 0.00 Totals ~~698~~682,~~680~~172,~~422~~602.9800 12,~~842~~005,~~981~~760.8693 614,~~541~~407,~~779~~691.9634

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 ~~323~~310,~~481~~240,~~208~~514.0843 36,~~303~~902,~~371~~504.4511 0.00 II-A-1 0.00 ~~246~~239,~~503~~306,~~108~~484.7413 35,~~685~~096,~~365~~184.7120 0.00 III-A-1 0.00 6157,~~665~~728,~~244~~830.2010 ~~760~~3,~~690~~756,623.3720 0.00 X 0.00 0.00 ~~503~~509,~~309~~707.2679 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 M 0.00 27,398,000.00 5158,~~628~~905.1170 0.00 B-1 0.00 10,674,400.00 2124,~~626~~462.7817 0.00 B-2 0.00 7,828,000.00 1921,~~643~~722.3970 0.00 B-3 0.00 5,337,300.00 1416,~~727~~145.6133 0.00 B-4 0.00 2,490,700.00 67,~~568~~322.8512 0.00 B-5 0.00 2,134,900.00 56,~~630~~276.4815 0.00 B-6 0.00 4,625,782.00 1213,~~199~~598.8180 0.00 Totals 0.00 ~~692~~667,~~138~~764,~~643~~910.0266 816,~~384~~413,~~761~~452.8227 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-1 334,713,700.00 ~~326~~316,~~197~~488,~~085~~941.0039 0.00 26,~~715~~248,~~876~~426.9296 0.00 0.00 II-A-1 252,524,000.00 ~~249~~243,~~738~~898,~~684~~611.6820 0.00 34,~~235~~592,~~575~~127.9407 0.00 0.00 III-A-1 63,906,700.00 6261,~~255~~295,~~571~~967.3041 0.00 ~~590~~3,~~327~~567,137.1031 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 0.00 R-I 50.00 0.00 0.00 0.00 0.00 0.00 R-II 50.00 0.00 0.00 0.00 0.00 0.00 R-III 50.00 0.00 0.00 0.00 0.00 0.00 M 27,398,000.00 27,398,000.00 0.00 0.00 0.00 0.00 B-1 10,674,400.00 10,674,400.00 0.00 0.00 0.00 0.00 B-2 7,828,000.00 7,828,000.00 0.00 0.00 0.00 0.00 B-3 5,337,300.00 5,337,300.00 0.00 0.00 0.00 0.00 B-4 2,490,700.00 2,490,700.00 0.00 0.00 0.00 0.00 B-5 2,134,900.00 2,134,900.00 0.00 0.00 0.00 0.00 B-6 4,625,782.00 4,625,782.00 0.00 0.00 0.00 0.00 Totals 711,633,632.00 ~~698~~682,~~680~~172,~~422~~602.9800 0.00 614,~~541~~407,~~779~~691.9634 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 26,~~715~~248,~~876~~426.9296 ~~323~~310,~~481~~240,~~208~~514.0843 0.~~96644149~~92688323 26,~~715~~248,~~876~~426.9296 II-A-1 34,~~235~~592,~~575~~127.9407 ~~246~~239,~~503~~306,~~108~~484.7413 0.~~97615715~~94765838 34,~~235~~592,~~575~~127.9407 III-A-1 ~~590~~3,~~327~~567,137.1031 6157,~~665~~728,~~244~~830.2010 0.~~96492612~~90332986 ~~590~~3,~~327~~567,137.1031 X 0.00 0.00 0.00000000 0.00 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 R-III 0.00 0.00 0.00000000 0.00 M 0.00 27,398,000.00 1.00000000 0.00 B-1 0.00 10,674,400.00 1.00000000 0.00 B-2 0.00 7,828,000.00 1.00000000 0.00 B-3 0.00 5,337,300.00 1.00000000 0.00 B-4 0.00 2,490,700.00 1.00000000 0.00 B-5 0.00 2,134,900.00 1.00000000 0.00 B-6 0.00 4,625,782.00 1.00000000 0.00 Totals 614,~~541~~407,~~779~~691.9634 ~~692~~667,~~138~~764,~~643~~910.0266 0.~~97260530~~93835491 614,~~541~~407,~~779~~691.9634

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 334,713,700.00 ~~974~~945.~~55552312~~55120209 0.00000000 818.~~11402975~~66797493 0.00000000 II-A-1 252,524,000.00 ~~988~~965.~~97009662~~84329093 0.00000000 1218.~~81294427~~18491339 0.00000000 III-A-1 63,906,700.00 ~~974~~959.~~16344922~~14774836 0.00000000 955.~~23732723~~81789249 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-I 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 0.00000000 0.00000000 0.00000000 0.00000000 M 27,398,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 10,674,400.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 7,828,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 5,337,300.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 2,490,700.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-5 2,134,900.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-6 4,625,782.00 1000.00000000 0.00000000 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 818.~~11402975~~66797493 ~~966~~926.~~44149337~~88322716 0.~~96644149~~92688323 818.~~11402975~~66797493 II-A-1 0.00000000 1218.~~81294427~~18491339 ~~976~~947.~~15715235~~65837754 0.~~97615715~~94765838 1218.~~81294427~~18491339 III-A-1 0.00000000 955.~~23732723~~81789249 ~~964~~903.~~92612199~~32985587 0.~~96492612~~90332986 955.~~23732723~~81789249 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-6 0.00000000 0.00000000 1,000.00000000 1.00000000 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 I-A-1 334,713,700.00 2.~~16125~~48000% ~~326~~316,~~197~~488,~~085~~941.0039 ~~587~~654,~~494~~077.5415 0.00 0.00 II-A-1 252,524,000.00 2.~~16125~~48000% ~~249~~243,~~738~~898,~~684~~611.6820 ~~449~~504,~~789~~057.7813 0.00 0.00 III-A-1 63,906,700.00 3.~~28382~~70959% 6261,~~255~~295,~~571~~967.3041 ~~170~~189,~~363~~485.2789 0.00 0.00 X 0.00 01.~~96425~~00089% ~~627~~611,~~173~~625,~~469~~252.6859 ~~503~~510,~~960~~143.5539 0.00 0.00 R-I 50.00 2.~~99581~~99954% 0.00 0.00 0.00 0.00 R-II 50.00 2.~~99581~~99954% 0.00 0.00 0.00 0.00 R-III 50.00 2.~~99581~~99954% 0.00 0.00 0.00 0.00 M 27,398,000.00 2.~~26125~~58000% 27,398,000.00 5158,~~628~~905.1170 0.00 0.00 B-1 10,674,400.00 2.~~43125~~75000% 10,674,400.00 2124,~~626~~462.7817 0.00 0.00 B-2 7,828,000.00 3.~~01125~~33000% 7,828,000.00 1921,~~643~~722.3970 0.00 0.00 B-3 5,337,300.00 3.~~31125~~63000% 5,337,300.00 1416,~~727~~145.6133 0.00 0.00 B-4 2,490,700.00 3.~~16482~~52774% 2,490,700.00 67,~~568~~322.8512 0.00 0.00 B-5 2,134,900.00 3.~~16482~~52774% 2,134,900.00 56,~~630~~276.4815 0.00 0.00 B-6 4,625,782.00 3.~~16482~~52774% 4,625,782.00 1213,~~199~~598.8180 0.00 0.00 Totals 711,633,632.00 12,~~843~~006,~~633~~196.1753 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 0.0100 0.00 ~~587~~654,~~494~~077.5315 0.00 ~~323~~310,~~481~~240,~~208~~514.0843 II-A-1 0.0100 0.00 ~~449~~504,~~789~~057.7713 0.00 ~~246~~239,~~503~~306,~~108~~484.7413 III-A-1 0.00 0.00 ~~170~~189,~~363~~485.2789 0.00 6157,~~665~~728,~~244~~830.2010 X 0.0100 0.00 ~~503~~509,~~309~~707.2679 0.00 ~~621~~600,~~222~~784,~~016~~698.8256 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 R-III 0.00 0.00 0.00 0.00 0.00 M 0.00 0.00 5158,~~628~~905.1170 0.00 27,398,000.00 B-1 0.00 0.00 2124,~~626~~462.7817 0.00 10,674,400.00 B-2 0.00 0.00 1921,~~643~~722.3970 0.00 7,828,000.00 B-3 0.00 0.00 1416,~~727~~145.6133 0.00 5,337,300.00 B-4 0.00 0.00 67,~~568~~322.8512 0.00 2,490,700.00 B-5 0.00 0.00 56,~~630~~276.4815 0.00 2,134,900.00 B-6 0.00 0.00 1213,~~199~~598.8180 0.00 4,625,782.00 Totals 0.0300 0.00 12,~~842~~005,~~981~~760.8693 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-1 334,713,700.00 2.~~16125~~48000% ~~974~~945.~~55552312~~55120209 1.~~75521510~~95413916 0.00000000 0.00000000 II-A-1 252,524,000.00 2.~~16125~~48000% ~~988~~965.~~97009662~~84329093 1.~~78117636~~99607614 0.00000000 0.00000000 III-A-1 63,906,700.00 3.~~28382~~70959% ~~974~~959.~~16344922~~14774836 2.~~66581235~~96503950 0.00000000 0.00000000 X 0.00 01.~~96425~~00089% ~~982~~957.~~29856574~~94646527 0.~~78931866~~79900242 0.00000000 0.00000000 R-I 50.00 2.~~99581~~99954% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 50.00 2.~~99581~~99954% 0.00000000 0.00000000 0.00000000 0.00000000 R-III 50.00 2.~~99581~~99954% 0.00000000 0.00000000 0.00000000 0.00000000 M 27,398,000.00 2.~~26125~~58000% 1000.00000000 12.~~88437514~~15000000 0.00000000 0.00000000 B-1 10,674,400.00 2.~~43125~~75000% 1000.00000000 2.~~02604174~~29166698 0.00000000 0.00000000 B-2 7,828,000.00 3.~~01125~~33000% 1000.00000000 2.~~50937532~~77500000 0.00000000 0.00000000 B-3 5,337,300.00 3.~~31125~~63000% 1000.00000000 23.~~75937459~~02499953 0.00000000 0.00000000 B-4 2,490,700.00 3.~~16482~~52774% 1000.00000000 2.~~63735095~~93978400 0.00000000 0.00000000 B-5 2,134,900.00 3.~~16482~~52774% 1000.00000000 2.~~63735070~~93978641 0.00000000 0.00000000 B-6 4,625,782.00 3.~~16482~~52774% 1000.00000000 2.~~63735083~~93978402 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.~~00000003~~00000000 0.00000000 1.~~75521507~~95413916 0.00000000 ~~966~~926.~~44149337~~88322716 II-A-1 0.~~00000004~~00000000 0.00000000 1.~~78117632~~99607614 0.00000000 ~~976~~947.~~15715235~~65837754 III-A-1 0.00000000 0.00000000 2.~~66581235~~96503950 0.00000000 ~~964~~903.~~92612199~~32985587 X 0.~~00000002~~00000000 0.00000000 0.~~78829859~~79832017 0.00000000 ~~972~~940.~~97721544~~96765288 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-III 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M 0.00000000 0.00000000 12.~~88437514~~15000000 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 2.~~02604174~~29166698 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 2.~~50937532~~77500000 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 23.~~75937459~~02499953 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 2.~~63735095~~93978400 0.00000000 1000.00000000 B-5 0.00000000 0.00000000 2.~~63735070~~93978641 0.00000000 1000.00000000 B-6 0.00000000 0.00000000 2.~~63735083~~93978402 0.00000000 1000.00000000 (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 1X 0.~~90133~~98305% ~~326~~316,~~197~~488,~~085~~941.0039 ~~323~~310,~~481~~240,~~208~~514.0843 0.00 0.00 9692.~~64414934~~68832272% 2X 1.~~10897~~08747% ~~249~~243,~~738~~898,~~684~~611.6820 ~~246~~239,~~503~~306,~~108~~484.7413 0.00 0.00 9794.~~61571523~~76583775% 3X 0.~~65945~~69902% 51,237,700.00 51,237,700.00 0.00 0.00 100.00000000%

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 816,~~612~~625,~~386~~420.0768 Liquidations, Insurance Proceeds, Reserve Funds 019.0022 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 2718,~~275~~343.7813 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 816,~~639~~643,~~661~~783.8503 Withdrawals Reimbursement for Servicer Advances 3213,~~835~~922.5459 Payment of Service Fee ~~222~~216,~~064~~408.4917 Payment of Interest and Principal 816,~~384~~413,~~761~~452.8227 Total Withdrawals (Pool Distribution Amount) 816,~~639~~643,~~661~~783.8503 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~142~~138,~~897~~970.2643 Additional Servicing Fee 7574,~~823~~544.5460 Master Servicing Fee 1,~~455~~421.6323 Miscellaneous Fee 1,~~888~~471.0691 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~222~~216,~~064~~408.4917

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Carryover Shortfall Reserve Fund 5,000.00 ~~651~~454.2882 ~~651~~454.2882 5,000.00

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 2620 0 0 0 2620 95,~~638~~147,~~612~~860.3978 0.00 0.00 0.00 95,~~638~~147,~~612~~860.3978 60 Days 23 0 0 0 23 ~~417~~379,~~533~~141.5419 0.00 0.00 0.00 ~~417~~379,~~533~~141.5419 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 01 0 0 0 01 0230,994.0044 0.00 0.00 0.00 0230,994.0044 Totals 2824 0 0 0 2824 105,~~056~~757,~~145~~996.9341 0.00 0.00 0.00 105,~~056~~757,~~145~~996.9341 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 10.~~085595~~856898% 0.000000% 0.000000% 0.000000% 10.~~085595~~856898% 10.~~392573~~770909% 0.000000% 0.000000% 0.000000% 10.~~392573~~770909% 60 Days 0.~~083507~~128535% 0.000000% 0.000000% 0.000000% 0.~~083507~~128535% 0.~~060325~~056778% 0.000000% 0.000000% 0.000000% 0.~~060325~~056778% 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~~042845% 0.000000% 0.000000% 0.000000% 0.~~000000~~042845% 0.~~000000~~034592% 0.000000% 0.000000% 0.000000% 0.~~000000~~034592% Totals 1.~~169102~~028278% 0.000000% 0.000000% 0.000000% 1.~~169102~~028278% 10.~~452897~~862279% 0.000000% 0.000000% 0.000000% 10.~~452897~~862279%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 94 0 0 0 94 62,~~419~~213,~~603~~800.3500 0.00 0.00 0.00 62,~~419~~213,~~603~~800.3500 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 94 0 0 0 94 62,~~419~~213,~~603~~800.3500 0.00 0.00 0.00 62,~~419~~213,~~603~~800.3500 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~477833~~676819% 0.000000% 0.000000% 0.000000% 10.~~477833~~676819% 10.~~810456~~648573% 0.000000% 0.000000% 0.000000% 10.~~810456~~648573% 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 10.~~477833~~676819% 0.000000% 0.000000% 0.000000% 10.~~477833~~676819% 10.~~810456~~648573% 0.000000% 0.000000% 0.000000% 10.~~810456~~648573% DELINQUENT BANKRUPTCY FORECLOSURE REO Total II 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 1514 0 0 0 1514 2,~~811~~218,~~509~~162.0416 0.00 0.00 0.00 2,~~811~~218,~~509~~162.0416 60 Days 23 0 0 0 23 ~~417~~379,~~533~~141.5419 0.00 0.00 0.00 ~~417~~379,~~533~~141.5419 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 01 0 0 0 01 0230,994.0044 0.00 0.00 0.00 0230,994.0044 Totals 1718 0 0 0 1718 32,~~229~~828,~~042~~297.5879 0.00 0.00 0.00 32,~~229~~828,~~042~~297.5879 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~986842~~944032% 0.000000% 0.000000% 0.000000% 0.~~986842~~944032% 10.~~041443~~844162% 0.000000% 0.000000% 0.000000% 10.~~041443~~844162% 60 Days 0.~~131579~~202293% 0.000000% 0.000000% 0.000000% 0.~~131579~~202293% 0.~~154663~~144289% 0.000000% 0.000000% 0.000000% 0.~~154663~~144289% 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~~067431% 0.000000% 0.000000% 0.000000% 0.~~000000~~067431% 0.~~000000~~087909% 0.000000% 0.000000% 0.000000% 0.~~000000~~087909% Totals 1.~~118421~~213756% 0.000000% 0.000000% 0.000000% 1.~~118421~~213756% 1.~~196107~~076360% 0.000000% 0.000000% 0.000000% 1.~~196107~~076360% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 2 0 0 0 2 ~~407~~715,~~500~~898.0062 0.00 0.00 0.00 ~~407~~715,~~500~~898.0062 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 2 0 0 0 2 ~~407~~715,~~500~~898.0062 0.00 0.00 0.00 ~~407~~715,~~500~~898.0062 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~751880~~769231% 0.000000% 0.000000% 0.000000% 0.~~751880~~769231% 01.~~602840~~124467% 0.000000% 0.000000% 0.000000% 01.~~602840~~124467% 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.~~751880~~769231% 0.000000% 0.000000% 0.000000% 0.~~751880~~769231% 01.~~602840~~124467% 0.000000% 0.000000% 0.000000% 01.~~602840~~124467%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 2718,~~275~~343.7813

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 3.~~546765~~910051% Weighted Average Net Coupon 3.~~301336~~665590% Weighted Average Pass-Through Rate 3.~~165365~~529371% Weighted Average Maturity(Stepdown Calculation ) ~~332~~330 Beginning Scheduled Collateral Loan Count 2,~~417~~369 Number Of Loans Paid In Full 2235 Ending Scheduled Collateral Loan Count 2,~~395~~334 Beginning Scheduled Collateral Balance ~~698~~682,~~680~~172,~~423~~602.3638 Ending Scheduled Collateral Balance ~~692~~667,~~138~~764,~~643~~911.4004 Ending Actual Collateral Balance at 30-~~Sep~~Nov-2004 ~~692~~667,~~144~~764,~~268~~915.1264 Monthly P &I Constant 2,~~065~~222,~~046~~774.3389 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~692~~667,~~138~~764,~~643~~911.4004 Scheduled Principal 0.00 Unscheduled Principal 614,~~541~~407,~~779~~691.9634

Group Level Collateral Statement Group I II III Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 3.~~441312~~843972 3.~~656085~~951438 34.~~661317~~087093 Weighted Average Net Rate 3.~~159755~~562785 3.~~415409~~712243 34.~~586137~~011556 Weighted Average Maturity ~~336~~334 ~~325~~323 ~~329~~327 Beginning Loan Count ~~614~~599 1,~~535~~506 ~~268~~264 Loans Paid In Full 58 1523 24 Ending Loan Count ~~609~~591 1,~~520~~483 ~~266~~260 Beginning Scheduled Balance ~~357~~347,~~290~~582,~~803~~660.6908 ~~273~~267,~~197~~357,~~306~~232.3991 6867,~~192~~232,~~313~~709.2839 Ending scheduled Balance ~~354~~341,~~574~~334,~~926~~233.7712 ~~269~~262,~~961~~765,~~730~~105.4584 6763,~~601~~665,~~986~~572.1808 Record Date 0911/30/2004 0911/30/2004 0911/30/2004 Principal And Interest Constant 1,~~024~~113,~~624~~414.3796 ~~832~~880,~~360~~371.5434 ~~208~~228,~~061~~988.4259 Scheduled Principal 0.00 0.00 0.00 Unscheduled Principal 26,~~715~~248,~~876~~426.9296 34,~~235~~592,~~575~~127.9407 ~~590~~3,~~327~~567,137.1031 Scheduled Interest 1,~~024~~113,~~624~~414.3796 ~~832~~880,~~360~~371.5434 ~~208~~228,~~061~~988.4259 Servicing Fees 8381,~~831~~446.5028 5453,~~793~~292.4705 4,~~272~~232.2910 Master Servicing Fees ~~744~~724.3713 ~~569~~557.1903 ~~142~~140.07 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 2827,~~188~~540.9131 3231,~~484~~698.8808 1716,~~037~~778.8112 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 ~~911~~1,~~859~~003,704.5924 ~~744~~794,~~513~~824.0018 ~~186~~207,~~609~~838.2530 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 3.~~062580~~465205 3.~~270221~~567470 3.~~283817~~709593

Group Level Collateral Statement Group Total Collateral Description Mixed ARM Weighted Average Coupon Rate 3.~~546765~~910051 Weighted Average Net Rate 3.~~301336~~665590 Weighted Average Maturity ~~332~~330 Beginning Loan Count 2,~~417~~369 Loans Paid In Full 2235 Ending Loan Count 2,~~395~~334 Beginning Scheduled Balance ~~698~~682,~~680~~172,~~423~~602.3638 Ending scheduled Balance ~~692~~667,~~138~~764,~~643~~911.4004 Record Date 0911/30/2004 Principal And Interest Constant 2,~~065~~222,~~046~~774.3389 Scheduled Principal 0.00 Unscheduled Principal 614,~~541~~407,~~779~~691.9634 Scheduled Interest 2,~~065~~222,~~046~~774.3389 Servicing Fees ~~142~~138,~~897~~970.2643 Master Servicing Fees 1,~~455~~421.6323 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 7776,~~711~~016.6051 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 12,~~842~~006,~~981~~366.8472 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 3.~~165365~~529371

Miscellaneous Reporting Group I Average Loss Severity 0.000000% ~~Interest Coverage Ending Balance 0.00 Interest Coverage Withdrawl 0.00 PreFunding Ending Balance 0.00 PreFunding Withdrawl 0.00 Subsequent Mortgage Loan Purchase 0.00~~ Senior Pencentage 91.~~297364~~054296% Senior Prepay Percentage 100.000000% Subordinate Percentage 8.~~702636~~945704% Subordinate Prepay Percentage 0.000000% Group II Average Loss Severity 0.000000% ~~Interest Coverage End Balance 0.00 Interest Coverage Withdrawl 0.00 PreFunding Ending Balance 0.00 PreFunding Withdrawl 0.00 Subsequent Mortgage Loan Purchase 0.00~~ Senior Pencentage 91.~~413305~~225739% Senior Prepay Percentage 100.000000% Subordinate Percentage 8.~~586695~~774261% Subordinate Prepay Percentage 0.000000% Group III Average Loss Severity 0.000000% ~~Interest Coverage End Balance 0.00 Interest Coverage Withdrawl 0.00 PreFunding Ending Balance 0.00 PreFunding Withdrawl 0.00 Subsequent Mortgage Loan Purchase 0.00~~ Senior Pencentage 91.~~294119~~169861% Senior Prepay Percentage 100.000000% Subordinate Percentage 8.~~705881~~830139% Subordinate Prepay Percentage 0.000000%

Filing Compare · Structured Asset Mortgage Investments II Trust 2004-AR4