8-K 1 hma0402_dec.txt DECEMBER 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): December 27, 2004 HOMESTAR MORTGAGE ACCEPTANCE CORP. Asset Backed Pass-Through Certificates, Series 2004-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-107563-02 Pooling and Servicing Agreement) (Commission 54-2154071 (State or other File Number) 54-2154072 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 27, 2004 a distribution was made to holders of HOMESTAR MORTGAGE ACCEPTANCE CORP., Asset Backed 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 Asset Backed Pass-Through Certificates, Series 2004-2 Trust, relating to the December 27, 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. HOMESTAR MORTGAGE ACCEPTANCE CORP. Asset Backed 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: 1/3/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2004-2 Trust, relating to the December 27, 2004 distribution. EX-99.1

Homestar Mortgage Acceptance Corp ~~Mortgage~~Asset Backed Pass-Through Certificates Record Date: 1011/3130/2004 Distribution Date: 1112/2627/2004 ~~HMAC~~Homestar Mortgage Acceptance Corp Asset Backed Pass-Through Certificates 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 AV-1 437690AL4 SEN 2.~~28250~~53000% ~~303~~296,~~815~~471,~~467~~962.6188 ~~616~~645,~~407~~897.8311 7,~~343~~904,~~504~~758.7310 AV-2 437690AM2 SEN 2.~~36250~~61000% 3332,~~758~~942,~~214~~246.3667 7074,~~892~~037.2570 ~~815~~878,~~967~~330.7092 M-1 437690AN0 MEZ 2.~~51250~~76000% 11,651,000.00 2627,~~020~~690.5754 0.00 M-2 437690AP5 MEZ 3.~~28250~~53000% 8,156,000.00 2324,~~797~~791.4097 0.00 M-3 437690AQ3 MEZ 3.~~58250~~83000% 3,495,000.00 11,~~129~~526.6370 0.00 M-4 437690AR1 MEZ 4.~~13250~~38000% 1,942,000.00 7,~~133~~324.6158 0.00 M-5 437690AS9 MEZ 4.~~58250~~83000% 2,330,000.00 9,~~490~~690.8786 0.00 C HMA04002C OC 0.00000% 1,747,680.96 ~~837~~761,~~215~~856.6799 0.00 P HMA04002P Prepay 0.00000% 100.00 3958,~~353~~149.6682 0.00 R HMA0402R1 RES 0.00000% 0.00 0.00 0.00 Totals ~~366~~358,~~895~~735,~~462~~990.9351 1,~~641~~620,~~441~~966.4927 8,~~159~~783,~~472~~089.4302

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses AV-1 0.00 ~~296~~288,~~471~~567,~~962~~204.8878 78,~~959~~550,~~912~~655.5621 0.00 AV-2 0.00 32,~~942~~063,~~246~~915.6775 ~~886~~952,~~859~~368.9562 0.00 M-1 0.00 11,651,000.00 2627,~~020~~690.5754 0.00 M-2 0.00 8,156,000.00 2324,~~797~~791.4097 0.00 M-3 0.00 3,495,000.00 11,~~129~~526.6370 0.00 M-4 0.00 1,942,000.00 7,~~133~~324.6158 0.00 M-5 0.00 2,330,000.00 9,~~490~~690.8786 0.00 C 0.00 1,747,680.96 ~~837~~761,~~215~~856.6799 0.00 P 0.00 100.00 3958,~~353~~149.6682 0.00 R 0.00 0.00 0.00 0.00 Totals 0.00 ~~358~~349,~~735~~952,~~990~~901.5149 910,~~800~~404,~~913~~055.9229 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) AV-1 323,145,000.00 ~~303~~296,~~815~~471,~~467~~962.6188 0.00 7,~~343~~904,~~504~~758.7310 0.00 0.00 AV-2 35,906,000.00 3332,~~758~~942,~~214~~246.3667 0.00 ~~815~~878,~~967~~330.7092 0.00 0.00 M-1 11,651,000.00 11,651,000.00 0.00 0.00 0.00 0.00 M-2 8,156,000.00 8,156,000.00 0.00 0.00 0.00 0.00 M-3 3,495,000.00 3,495,000.00 0.00 0.00 0.00 0.00 M-4 1,942,000.00 1,942,000.00 0.00 0.00 0.00 0.00 M-5 2,330,000.00 2,330,000.00 0.00 0.00 0.00 0.00 C 1,748,447.55 1,747,680.96 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 388,373,547.55 ~~366~~358,~~895~~735,~~462~~990.9351 0.00 8,~~159~~783,~~472~~089.4302 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 AV-1 7,~~343~~904,~~504~~758.7310 ~~296~~288,~~471~~567,~~962~~204.8878 0.~~91745799~~89299604 7,~~343~~904,~~504~~758.7310 AV-2 ~~815~~878,~~967~~330.7092 32,~~942~~063,~~246~~915.6775 0.~~91745799~~89299604 ~~815~~878,~~967~~330.7092 M-1 0.00 11,651,000.00 1.00000000 0.00 M-2 0.00 8,156,000.00 1.00000000 0.00 M-3 0.00 3,495,000.00 1.00000000 0.00 M-4 0.00 1,942,000.00 1.00000000 0.00 M-5 0.00 2,330,000.00 1.00000000 0.00 C 0.00 1,747,680.96 0.99956156 0.00 P 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 8,~~159~~783,~~472~~089.4302 ~~358~~349,~~735~~952,~~990~~901.5149 0.~~92368801~~90107296 8,~~159~~783,~~472~~089.4302

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion AV-1 323,145,000.00 ~~940~~917.~~18309926~~45799217 0.00000000 2224.~~72510709~~46195392 0.00000000 AV-2 35,906,000.00 ~~940~~917.~~18309920~~45799226 0.00000000 2224.~~72510722~~46195399 0.00000000 M-1 11,651,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 8,156,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 3,495,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 1,942,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 2,330,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 1,748,447.55 999.56155962 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (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 AV-1 0.00000000 2224.~~72510709~~46195392 ~~917~~892.~~45799217~~99603825 0.~~91745799~~89299604 2224.~~72510709~~46195392 AV-2 0.00000000 2224.~~72510722~~46195399 ~~917~~892.~~45799226~~99603827 0.~~91745799~~89299604 2224.~~72510722~~46195399 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 C 0.00000000 0.00000000 999.56155962 0.99956156 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

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 AV-1 323,145,000.00 2.~~28250~~53000% ~~303~~296,~~815~~471,~~467~~962.6188 ~~616~~645,~~407~~897.8311 0.00 0.00 AV-2 35,906,000.00 2.~~36250~~61000% 3332,~~758~~942,~~214~~246.3667 7074,~~892~~037.2570 0.00 0.00 M-1 11,651,000.00 2.~~51250~~76000% 11,651,000.00 2627,~~020~~690.5754 0.00 0.00 M-2 8,156,000.00 3.~~28250~~53000% 8,156,000.00 2324,~~797~~791.4097 0.00 0.00 M-3 3,495,000.00 3.~~58250~~83000% 3,495,000.00 11,~~129~~526.6370 0.00 0.00 M-4 1,942,000.00 4.~~13250~~38000% 1,942,000.00 7,~~133~~324.6158 0.00 0.00 M-5 2,330,000.00 4.~~58250~~83000% 2,330,000.00 9,~~490~~690.8786 0.00 0.00 C 1,748,447.55 0.00000% 1,747,680.96 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 388,373,547.55 ~~764~~800,~~872~~959.1646 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 AV-1 0.00 0.00 ~~616~~645,~~407~~897.8311 0.00 ~~296~~288,~~471~~567,~~962~~204.8878 AV-2 0.00 0.00 7074,~~892~~037.2570 0.00 32,~~942~~063,~~246~~915.6775 M-1 0.00 0.00 2627,~~020~~690.5754 0.00 11,651,000.00 M-2 0.00 0.00 2324,~~797~~791.4097 0.00 8,156,000.00 M-3 0.00 0.00 11,~~129~~526.6370 0.00 3,495,000.00 M-4 0.00 0.00 7,~~133~~324.6158 0.00 1,942,000.00 M-5 0.00 0.00 9,~~490~~690.8786 0.00 2,330,000.00 C 0.00 0.00 ~~837~~761,~~215~~856.6799 0.00 1,747,680.96 P 0.00 0.00 3958,~~353~~149.6682 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 1,~~641~~620,~~441~~966.4927 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 AV-1 323,145,000.00 2.~~28250~~53000% ~~940~~917.~~18309926~~45799217 1.~~90752705~~99878417 0.00000000 0.00000000 AV-2 35,906,000.00 2.~~36250~~61000% ~~940~~917.~~18309920~~45799226 12.~~97438450~~06198685 0.00000000 0.00000000 M-1 11,651,000.00 2.~~51250~~76000% 1000.00000000 2.~~23333362~~37666638 0.00000000 0.00000000 M-2 8,156,000.00 3.~~28250~~53000% 1000.00000000 23.~~91777832~~03972168 0.00000000 0.00000000 M-3 3,495,000.00 3.~~58250~~83000% 1000.00000000 3.~~18444349~~29805436 0.00000000 0.00000000 M-4 1,942,000.00 4.~~13250~~38000% 1000.00000000 3.~~67333162~~77166838 0.00000000 0.00000000 M-5 2,330,000.00 4.~~58250~~83000% 1000.00000000 4.~~07333476~~15916738 0.00000000 0.00000000 C 1,748,447.55 0.00000% 999.56155962 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) 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 AV-1 0.00000000 0.00000000 1.~~90752705~~99878417 0.00000000 ~~917~~892.~~45799217~~99603825 AV-2 0.00000000 0.00000000 12.~~97438450~~06198685 0.00000000 ~~917~~892.~~45799226~~99603827 M-1 0.00000000 0.00000000 2.~~23333362~~37666638 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 23.~~91777832~~03972168 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 3.~~18444349~~29805436 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.~~67333162~~77166838 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 4.~~07333476~~15916738 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~478~~435.~~83373453~~73339675 0.00000000 999.56155962 P 0.00000000 0.00000000 ~~393536~~581498.~~60000000~~20000000 0.00000000 1000.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 910,~~869~~428,~~613~~598.6283 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 3133,~~687~~754.4532 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 3958,~~353~~149.6682 Total Deposits 910,~~940~~520,~~654~~502.7397 Withdrawals Reimbursement for Servicer Advances 5231,~~966~~687.6645 Payment of Service Fee 8684,~~774~~760.1523 Payment of Interest and Principal 910,~~800~~404,~~913~~055.9229 Total Withdrawals (Pool Distribution Amount) 910,~~940~~520,~~654~~502.7397 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 8281,~~952~~023.3238 Master Servicing Fee 3,~~821~~736.8385 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 8684,~~774~~760.1523

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 01 0 0 01 0284,943.0049 0.00 0.00 0284,943.0049 30 Days 97 10 0 0 107 1,~~240~~231,~~059~~723.4912 ~~285,367~~0.6600 0.00 0.00 1,~~525~~231,~~427~~723.1512 60 Days 35 0 0 0 35 ~~558~~628,~~474~~202.9078 0.00 0.00 0.00 ~~558~~628,~~474~~202.9078 90 Days 3 0 0 1 4 318,749.36 0.00 0.00 316,000.00 634,749.36 120 Days 3 0 1 1 5 468,420.34 0.00 670,810.95 287,233.49 1,426,464.78 ~~120~~150 Days 6 0 1 1 8 1,028,743.03 0.00 195,548.34 116,476.99 1,340,768.36 ~~150~~180+ Days 0 0 12 0 12 0.00 0.00 ~~208~~396,~~000.00 0.00 208,000.00 180+ Days 1 0 0 0 1 188,~~800.00 0.00 ~~0.00 0.00 188~~396,800.00 Totals 2224 1 4 3 232 28 3,~~484~~675,~~497~~838.7663 ~~285~~284,~~367~~943.6649 1,~~074~~263,~~359~~159.29 ~~403~~719,710.48 5,~~247~~943,~~935~~651.1989 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~~069493% 0.000000% 0.000000% 0.~~000000~~069493% 0.~~000000~~081385% 0.000000% 0.000000% 0.~~000000~~081385% 30 Days 0.~~611413~~486449% 0.~~067935~~000000% 0.000000% 0.000000% 0.~~679348~~486449% 0.~~345521~~351801% 0.~~079513~~000000% 0.000000% 0.000000% 0.~~425034~~351801% 60 Days 0.~~203804~~347464% 0.000000% 0.000000% 0.000000% 0.~~203804~~347464% 0.~~155609~~179426% 0.000000% 0.000000% 0.000000% 0.~~155609~~179426% 90 Days 0.~~203804~~208478% 0.000000% 0.~~067935~~000000% 0.~~067935~~069493% 0.~~339674~~277971% 0.~~130517~~091040% 0.000000% 0.~~186910~~000000% 0.~~080033~~090255% 0.~~397460~~181295% 120 Days 0.~~407609~~208478% 0.000000% 0.~~067935~~069493% 0.~~067935~~069493% 0.~~543478~~347464% 0.~~286642~~133789% 0.000000% 0.~~054486~~191595% 0.~~032454~~082039% 0.~~373582~~407423% 150 Days 0.~~000000~~416956% 0.000000% 0.~~067935~~069493% 0.~~000000~~069493% 0.~~067935~~555942% 0.~~000000~~293827% 0.000000% 0.~~057956~~055852% 0.~~000000~~033268% 0.~~057956~~382947% 180+ Days 0.~~067935~~000000% 0.000000% 0.~~000000~~138985% 0.000000% 0.~~067935~~138985% 0.~~052606~~000000% 0.000000% 0.~~000000~~113333% 0.000000% 0.~~052606~~113333% Totals 1.~~494565~~667825% 0.~~067935~~069493% 0.~~203804~~277971% 0.~~135870~~208478% 12.~~902174~~223767% 01.~~970896~~049883% 0.~~079513~~081385% 0.~~299352~~360780% 0.~~112487~~205562% 1.~~462247~~697610%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 3133,~~687~~754.45 Class M-1 17,671,547.55 4.55014191% 17,670,780.96 4.92584559% 3.247792% 0.000000% Class M-2 9,515,547.55 2.45010187% 9,514,780.96 2.65230733% 2.273538% 0.000000% Class M-3 6,020,547.55 1.55019506% 6,019,780.96 1.67805325% 0.974254% 0.000000% Class M-4 4,078,547.55 1.05016100% 4,077,780.96 1.13670807% 0.541345% 0.000000% Class C 100.00 0.00002575% 100.00 0.00002788% 0.487177% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000028% 0.000000% Class R-I 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure32

Class M-1 17,671,547.55 4.55014191% 17,670,780.96 5.04947405% 3.329305% 0.000000% Class M-2 9,515,547.55 2.45010187% 9,514,780.96 2.71887472% 2.330599% 0.000000% Class M-3 6,020,547.55 1.55019506% 6,019,780.96 1.72016890% 0.998706% 0.000000% Class M-4 4,078,547.55 1.05016100% 4,077,780.96 1.16523708% 0.554932% 0.000000% Class C 100.00 0.00002575% 100.00 0.00002858% 0.499405% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000029% 0.000000% Class R-I 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 5.~~527046~~511269% Weighted Average Net Coupon 5.~~255735~~240240% Weighted Average Pass-Through Rate 5.~~243235~~227740% Weighted Average Maturity(Stepdown Calculation ) ~~347~~346 Beginning Scheduled Collateral Loan Count 1,~~502~~472 Number Of Loans Paid In Full 3033 Ending Scheduled Collateral Loan Count 1,~~472~~439 Beginning Scheduled Collateral Balance ~~366~~358,~~895~~735,~~462~~990.9451 Ending Scheduled Collateral Balance ~~358~~349,~~735~~952,~~990~~901.5149 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2004 ~~358~~350,~~895~~118,~~187~~818.2397 Monthly P &I Constant 1,~~886~~839,~~074~~223.7037 Special Servicing Fee 0.00 Prepayment Penalties 3958,~~353~~149.6682 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~358~~349,~~735~~952,~~990~~901.5149 Scheduled Principal ~~196~~191,~~201~~647.3277 Unscheduled Principal 78,~~963~~591,~~271~~441.1125

Other Income (1~~,011~~.~~38)~~07

Miscellaneous Reporting General Excess Available Amt ~~837~~761,~~215~~856.6999 Extra Principal Distribution Amt 0.00 Overcollateralization Amt 1,747,680.96 Excess Overcollateralization Amt 0.00 Overcollateralization Deficit Amt 0.00 Overcollateralization Increase Amt 0.00 Overcollateralization Release Amt 0.00 Specified Overcollateralization Amt 1,747,680.96

Group Level Collateral Statement Group Group 1 Group 2 Total Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.~~056897~~053219 5.~~306799~~284259 5.~~527046~~511269 Weighted Average Net Rate 5.~~792874~~788969 5.~~032458~~010389 5.~~255735~~240240 Weighted Average Maturity ~~336~~335 ~~352~~351 ~~347~~346 Beginning Loan Count ~~430~~423 1,~~072~~049 1,~~502~~472 Loans Paid In Full 76 2327 3033 Ending Loan Count ~~423~~417 1,~~049~~022 1,~~472~~439 Beginning Scheduled Balance ~~107~~105,~~729~~905,~~554~~332.7749 ~~259~~252,~~165~~830,~~908~~658.1702 ~~366~~358,~~895~~735,~~462~~990.9451 Ending scheduled Balance ~~105~~104,~~905~~672,~~332~~416.4906 ~~252~~245,~~830~~280,~~658~~485.0243 ~~358~~349,~~735~~952,~~990~~901.5149 Record Date 1011/3130/2004 1011/3130/2004 1011/3130/2004 Principal And Interest Constant ~~662~~652,~~823~~230.0960 1,~~223~~186,~~251~~992.6177 1,~~886~~839,~~074~~223.7037 Scheduled Principal ~~119~~118,~~067~~007.4513 7773,~~133~~640.8764 ~~196~~191,~~201~~647.3277 Unscheduled Principal 1,~~705~~114,~~154~~909.8330 67,~~258~~476,~~116~~531.2895 78,~~963~~591,~~271~~441.1125 Scheduled Interest ~~543~~534,~~755~~223.6447 1,~~146~~113,~~117~~352.7413 1,~~689~~647,~~873~~575.3860 Servicing Fees 23,~~702~~321.5724 5957,~~249~~702.7514 8281,~~952~~023.3238 Master Servicing Fees 1,~~122~~103.18 2,~~699~~633.6567 3,~~821~~736.8385 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 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 ~~518~~509,~~930~~799.8905 1,~~084~~053,~~168~~016.3432 1,~~603~~562,~~099~~815.2337 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.~~780373~~776469 54.~~019958~~997889 5.~~243235~~227740

Filing Compare · HOMESTAR MORTGAGE ACCEP CORP ASST BACK CERTS SER 2004-2.