8-K 1 hbm04002_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 HOMEBANC MORTGAGE TRUST Mortgage-Backed Notes, Series 2004-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-115122-23 Pooling and Servicing Agreement) (Commission n/a (State or other File Number) IRS EIN jurisdiction 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 HOMEBANC MORTGAGE TRUST, Mortgage-Backed Notes, 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-Backed Notes, 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. HOMEBANC MORTGAGE TRUST Mortgage-Backed Notes, 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: 12/27/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2004-2 Trust, relating to the December 27, 2004 distribution. EX-99.1

HomeBanc Mortgage Trust Mortgage -Backed Notes Record Date: 1011/3130/042004 Distribution Date: 1112/2627/042004 ~~HBM~~HomeBanc Mortgage Trust Mortgage-Backed Notes 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 A-1 43739EAJ6 SEN 2.~~33000~~55000% ~~687~~684,~~048~~271,~~300~~539.0048 1,~~245~~502,~~084~~546.2026 24,~~776~~181,~~760~~243.5261 A-2 43739EAK3 SEN 2.~~41000~~63000% 76,~~338~~030,~~700~~171.0005 ~~143~~172,~~092~~187.6522 ~~308~~464,~~528~~582.9562 M-1 43739EAL1 MEZ 2.~~61000~~83000% 78,~~385~~069,~~900~~097.0013 ~~159~~190,~~123~~250.3805 ~~316~~477,~~802~~041.8749 M-2 43739EAM9 MEZ 3.~~11000~~33000% 3534,~~017~~876,~~800~~272.0077 84100,~~704~~007.1771 ~~141~~213,~~527~~111.2359 B-1 43739EAN7 SUB 3.~~46000~~68000% 17,~~957~~885,~~801~~223.0011 4856,~~326~~676.4428 72109,~~577~~287.8972 OT HBM0402OT OT 0.00000% 0.00 1864,~~039,740~~511.1766 0.00 Totals ~~894~~891,~~748~~132,~~501~~303.0054 2,~~720~~886,~~071~~179.0118 35,~~616~~445,~~197~~267.4603

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~684~~680,~~271~~090,~~539~~295.4887 45,~~021~~683,~~844~~789.7287 0.00 A-2 0.00 7675,~~030~~565,~~171~~588.0543 ~~451~~636,~~621~~769.6084 0.00 M-1 0.00 7877,~~069~~592,~~097~~055.1364 ~~475~~667,~~926~~291.2554 0.00 M-2 0.00 34,~~876~~663,~~272~~161.7718 ~~226~~313,~~231~~119.4030 0.00 B-1 0.00 17,~~885~~775,~~223~~935.1140 ~~120~~165,~~904~~964.3300 0.00 OT 0.00 0.00 1864,~~039,740~~511.1766 0.00 Totals 0.00 ~~891~~885,~~132~~687,~~303~~036.5452 68,~~336~~331,~~268~~446.4721 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) A-1 687,048,300.00 ~~687~~684,~~048~~271,~~300~~539.0048 0.00 24,~~776~~181,~~760~~243.5261 0.00 0.00 A-2 76,338,700.00 76,~~338~~030,~~700~~171.0005 0.00 ~~308~~464,~~528~~582.9562 0.00 0.00 M-1 78,385,900.00 78,~~385~~069,~~900~~097.0013 0.00 ~~316~~477,~~802~~041.8749 0.00 0.00 M-2 35,017,800.00 3534,~~017~~876,~~800~~272.0077 0.00 ~~141~~213,~~527~~111.2359 0.00 0.00 B-1 17,957,801.00 17,~~957~~885,~~801~~223.0011 0.00 72109,~~577~~287.8972 0.00 0.00 OT 0.00 0.00 0.00 0.00 0.00 0.00 Totals 894,748,501.00 ~~894~~891,~~748~~132,~~501~~303.0054 0.00 35,~~616~~445,~~197~~267.4603 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 A-1 24,~~776~~181,~~760~~243.5261 ~~684~~680,~~271~~090,~~539~~295.4887 0.~~99595842~~98987261 24,~~776~~181,~~760~~243.5261 A-2 ~~308~~464,~~528~~582.9562 7675,~~030~~565,~~171~~588.0543 0.~~99595842~~98987261 ~~308~~464,~~528~~582.9562 M-1 ~~316~~477,~~802~~041.8749 7877,~~069~~592,~~097~~055.1364 0.~~99595842~~98987261 ~~316~~477,~~802~~041.8749 M-2 ~~141~~213,~~527~~111.2359 34,~~876~~663,~~272~~161.7718 0.~~99595842~~98987261 ~~141~~213,~~527~~111.2359 B-1 72109,~~577~~287.8972 17,~~885~~775,~~223~~935.1140 0.~~99595842~~98987261 72109,~~577~~287.8972 OT 0.00 0.00 0.00000000 0.00 Totals 35,~~616~~445,~~197~~267.4603 ~~891~~885,~~132~~687,~~303~~036.5452 0.~~99595842~~98987261 35,~~616~~445,~~197~~267.4603

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 687,048,300.00 ~~1000~~995.~~00000000~~95842022 0.00000000 46.~~04157978~~08580737 0.00000000 A-2 76,338,700.00 ~~1000~~995.~~00000000~~95842017 0.00000000 46.~~04157983~~08580733 0.00000000 M-1 78,385,900.00 ~~1000~~995.~~00000000~~95842020 0.00000000 46.~~04157980~~08580740 0.00000000 M-2 35,017,800.00 ~~1000~~995.~~00000000~~95842029 0.00000000 46.~~04157971~~08580750 0.00000000 B-1 17,957,801.00 ~~1000~~995.~~00000000~~95841996 0.00000000 46.~~04158004~~08580750 0.00000000 OT 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 A-1 0.00000000 46.~~04157978~~08580737 ~~995~~989.~~95842022~~87261284 0.~~99595842~~98987261 46.~~04157978~~08580737 A-2 0.00000000 46.~~04157983~~08580733 ~~995~~989.~~95842017~~87261284 0.~~99595842~~98987261 46.~~04157983~~08580733 M-1 0.00000000 46.~~04157980~~08580740 ~~995~~989.~~95842020~~87261280 0.~~99595842~~98987261 46.~~04157980~~08580740 M-2 0.00000000 46.~~04157971~~08580750 ~~995~~989.~~95842029~~87261279 0.~~99595842~~98987261 46.~~04157971~~08580750 B-1 0.00000000 46.~~04158004~~08580750 ~~995~~989.~~95841996~~87261302 0.~~99595842~~98987261 46.~~04158004~~08580750 OT 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 A-1 687,048,300.00 2.~~33000~~55000% ~~687~~684,~~048~~271,~~300~~539.0048 1,~~245~~502,~~084~~546.2026 0.00 0.00 A-2 76,338,700.00 2.~~41000~~63000% 76,~~338~~030,~~700~~171.0005 ~~143~~172,~~092~~187.6522 0.00 0.00 M-1 78,385,900.00 2.~~61000~~83000% 78,~~385~~069,~~900~~097.0013 ~~159~~190,~~123~~250.3805 0.00 0.00 M-2 35,017,800.00 3.~~11000~~33000% 3534,~~017~~876,~~800~~272.0077 84100,~~704~~007.1771 0.00 0.00 B-1 17,957,801.00 3.~~46000~~68000% 17,~~957~~885,~~801~~223.0011 4856,~~326~~676.4428 0.00 0.00 OT 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 894,748,501.00 12,~~680~~021,~~330~~667.8452 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 A-1 0.00 0.00 1,~~245~~502,~~084~~546.2026 0.00 ~~684~~680,~~271~~090,~~539~~295.4887 A-2 0.00 0.00 ~~143~~172,~~092~~187.6522 0.00 7675,~~030~~565,~~171~~588.0543 M-1 0.00 0.00 ~~159~~190,~~123~~250.3805 0.00 7877,~~069~~592,~~097~~055.1364 M-2 0.00 0.00 84100,~~704~~007.1771 0.00 34,~~876~~663,~~272~~161.7718 B-1 0.00 0.00 4856,~~326~~676.4428 0.00 17,~~885~~775,~~223~~935.1140 OT 0.00 0.00 1864,~~039,740~~511.1766 0.00 0.00 Totals 0.00 0.00 2,~~720~~886,~~071~~179.0118 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 A-1 687,048,300.00 2.~~33000~~55000% ~~1000~~995.~~00000000~~95842022 12.~~81222223~~18695870 0.00000000 0.00000000 A-2 76,338,700.00 2.~~41000~~63000% ~~1000~~995.~~00000000~~95842017 12.~~87444442~~25556919 0.00000000 0.00000000 M-1 78,385,900.00 2.~~61000~~83000% ~~1000~~995.~~00000000~~95842020 2.~~03000004~~42709531 0.00000000 0.00000000 M-2 35,017,800.00 3.~~11000~~33000% ~~1000~~995.~~00000000~~95842029 2.~~41888897~~85591071 0.00000000 0.00000000 B-1 17,957,801.00 3.~~46000~~68000% ~~1000~~995.~~00000000~~95841996 23.~~69111123~~15608130 0.00000000 0.00000000 OT 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 A-1 0.00000000 0.00000000 12.~~81222223~~18695870 0.00000000 ~~995~~989.~~95842022~~87261284 A-2 0.00000000 0.00000000 12.~~87444442~~25556919 0.00000000 ~~995~~989.~~95842017~~87261284 M-1 0.00000000 0.00000000 2.~~03000004~~42709531 0.00000000 ~~995~~989.~~95842020~~87261280 M-2 0.00000000 0.00000000 2.~~41888897~~85591071 0.00000000 ~~995~~989.~~95842029~~87261279 B-1 0.00000000 0.00000000 23.~~69111123~~15608130 0.00000000 ~~995~~989.~~95841996~~87261302 OT 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 68,~~573~~613,~~623~~307.7221 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 2624,~~571~~171.1607 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 68,~~600~~637,~~194~~478.8828 Withdrawals Reimbursement for Servicer Advances 026,571.0016 Payment of Service Fee ~~263~~279,~~926~~460.4191 Payment of Interest and Principal 68,~~336~~331,~~268~~446.4721 Total Withdrawals (Pool Distribution Amount) 68,~~600~~637,~~194~~478.8828 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~263~~279,~~926~~460.4191 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~263~~279,~~926~~460.4191

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 4334 0 0 0 4334 87,~~260~~295,~~522~~568.4520 0.00 0.00 0.00 87,~~260~~295,~~522~~568.4520 60 Days 15 0 0 0 15 ~~175~~871,~~000~~764.0084 0.00 0.00 0.00 ~~175~~871,~~000~~764.0084 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 4439 0 0 0 4439 8,~~435~~167,~~522~~333.4504 0.00 0.00 0.00 8,~~435~~167,~~522~~333.4504 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.~~014151~~804734% 0.000000% 0.000000% 0.000000% 10.~~014151~~804734% 0.~~923709~~820804% 0.000000% 0.000000% 0.000000% 0.~~923709~~820804% 60 Days 0.~~023585~~118343% 0.000000% 0.000000% 0.000000% 0.~~023585~~118343% 0.~~019569~~098080% 0.000000% 0.000000% 0.000000% 0.~~019569~~098080% 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.~~037736~~923077% 0.000000% 0.000000% 0.000000% 10.~~037736~~923077% 0.~~943278~~918884% 0.000000% 0.000000% 0.000000% 0.~~943278~~918884%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 2624,~~571~~171.1607

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 34.~~988007~~247874% Weighted Average Net Coupon 3.~~634040~~872874% Weighted Average Pass-Through Rate 3.~~635278~~872874% Weighted Average Maturity(Stepdown Calculation ) ~~323~~322 Beginning Scheduled Collateral Loan Count 4,~~249~~240 Number Of Loans Paid In Full 915 Ending Scheduled Collateral Loan Count 4,~~240~~225 Beginning Scheduled Collateral Balance 894,~~748~~274,~~501~~922.0180 Ending Scheduled Collateral Balance ~~894~~888,~~274~~829,~~922~~655.8078 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2004 ~~894~~888,~~277~~832,~~531~~264.5755 Monthly P &I Constant 23,~~983~~165,~~996~~639.6336 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 0.00 Unscheduled Principal 35,~~616~~445,~~197~~267.4602 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 3,142,618.92 Overcollateralized Amount 3,142,619.26 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 1864,~~039,740~~511.1766

Filing Compare · Structured Asset Mortgage Investments II Inc., HomeBanc Mortgage Trust 2004-2