8-K 1 bsa04bo1_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 BEAR STEARNS ASSET BACKED SECURITIES I TRUST Asset Backed Certificates, Series 2004-BO1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-113636-15 54-2162558 Pooling and Servicing Agreement) (Commission 54-2162559 (State or other File Number) 54-2162560 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 BEAR STEARNS ASSET BACKED SECURITIES I TRUST, Asset Backed Certificates, Series 2004-BO1 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-BO1 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. BEAR STEARNS ASSET BACKED SECURITIES I TRUST Asset Backed Certificates, Series 2004-BO1 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: 12/30/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2004-BO1 Trust, relating to the December 27, 2004 distribution. EX-99.1

Bear Stearns Asset Backed Securities ~~Mortgage~~Asset ~~Pass-Through~~Backed Certificates Record Date: 1011/3130/042004 Distribution Date: 1112/2627/042004 ~~BSA~~Bear Stearns Asset Backed Securities Asset Backed Certificates Series: 2004-BO1 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 073879JF6 SEN 2.~~14000~~38000% ~~571~~543,~~593~~437,~~000~~939.0066 1,~~053~~113,~~318~~745.8887 28,~~155~~052,~~060~~175.3490 I-A-2 073879JG4 SEN 2.~~29000~~53000% 113,708,000.00 ~~224~~247,~~225~~725.8651 0.00 I-A-3 073879JH2 SEN 2.~~49000~~73000% 82,737,000.00 ~~177~~194,~~401~~500.9290 0.00 II-A-1 073879JJ8 SEN 2.~~26000~~50000% ~~305~~296,~~365~~130,~~000~~962.0063 ~~594~~637,~~274~~504.2216 98,~~234~~287,~~037~~220.3744 II-A-2 073879JK5 SEN 2.~~34000~~58000% 3332,~~930~~903,~~000~~979.0005 6873,~~368~~101.9567 1920,~~026,020~~817.9535 M-1 073879JL3 MEZ 2.~~64000~~88000% 63,910,000.00 ~~145~~158,~~288~~496.7380 0.00 M-2 073879JM1 MEZ 2.~~69000~~93000% 19,509,000.00 4549,~~190~~222.4329 0.00 M-3 073879JN9 MEZ 23.~~99000~~23000% 18,837,000.00 4852,~~500~~393.0402 0.00 M-4 073879JP4 MEZ 3.~~14000~~38000% 16,146,000.00 4346,~~656~~993.9983 0.00 M-5 073879JQ2 MEZ 3.~~34000~~58000% 18,164,000.00 5255,~~241~~995.6858 0.00 M-6 073879JR0 MEZ 34.~~94000~~18000% 17,491,000.00 5962,~~343~~957.0888 0.00 M-7 073879JS8 MEZ 34.~~94000~~18000% 13,455,000.00 4548,~~649~~430.8252 0.00 M-8 073879JT6 MEZ 5.~~44000~~68000% 13,454,000.00 6365,~~024~~805.5201 0.00 M-9A 073879JU3 MEZ 56.~~94000~~18000% 9,082,000.00 4648,~~454~~331.4338 0.00 M-9B 073879JV1 MEZ 56.~~94000~~18000% 9,082,000.00 4648,~~454~~331.4338 0.00 R-1 073879KY3 RES 0.00000% 0.00 0.00 0.00 R-2 073879KZ0 RES 0.00000% 0.00 0.00 0.00 R-3 073879LA4 RES 0.00000% 0.00 0.00 0.00 CE 073879KX5 OC 0.00000% 3738,~~636~~978,~~780~~893.3163 6,~~027~~695,~~841~~091.5449 0.00 Totals 1,~~344~~307,~~099~~026,~~780~~774.3197 89,~~741~~598,~~235~~627.5229 3837,~~415~~260,~~118~~213.6669

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A-1 0.00 ~~543~~515,~~437~~385,~~939~~763.6676 29,~~208~~165,~~379~~921.2277 0.00 I-A-2 0.00 113,708,000.00 ~~224~~247,~~225~~725.8651 0.00 I-A-3 0.00 82,737,000.00 ~~177~~194,~~401~~500.9290 0.00 II-A-1 0.00 ~~296~~287,~~130~~843,~~962~~742.6319 98,~~828~~924,~~311~~724.5960 0.00 II-A-2 0.00 3231,~~903~~983,~~979~~161.0570 1993,~~094,389~~919.9002 0.00 M-1 0.00 63,910,000.00 ~~145~~158,~~288~~496.7380 0.00 M-2 0.00 19,509,000.00 4549,~~190~~222.4329 0.00 M-3 0.00 18,837,000.00 4852,~~500~~393.0402 0.00 M-4 0.00 16,146,000.00 4346,~~656~~993.9983 0.00 M-5 0.00 18,164,000.00 5255,~~241~~995.6858 0.00 M-6 0.00 17,491,000.00 5962,~~343~~957.0888 0.00 M-7 0.00 13,455,000.00 4548,~~649~~430.8252 0.00 M-8 0.00 13,454,000.00 6365,~~024~~805.5201 0.00 M-9A 0.00 9,082,000.00 4648,~~454~~331.4338 0.00 M-9B 0.00 9,082,000.00 4648,~~454~~331.4338 0.00 R-1 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 CE 0.00 38,978,893.63 6,~~027~~695,~~841~~091.5449 0.00 Totals 0.00 1,~~307~~269,~~026~~766,~~774~~561.9728 4746,~~156~~858,~~354~~840.1898 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-1 571,593,000.00 ~~571~~543,~~593~~437,~~000~~939.0066 0.00 28,~~155~~052,~~060~~175.3490 0.00 0.00 I-A-2 113,708,000.00 113,708,000.00 0.00 0.00 0.00 0.00 I-A-3 82,737,000.00 82,737,000.00 0.00 0.00 0.00 0.00 II-A-1 305,365,000.00 ~~305~~296,~~365~~130,~~000~~962.0063 0.00 98,~~234~~287,~~037~~220.3744 0.00 0.00 II-A-2 33,930,000.00 3332,~~930~~903,~~000~~979.0005 0.00 1920,~~026,020~~817.9535 0.00 0.00 M-1 63,910,000.00 63,910,000.00 0.00 0.00 0.00 0.00 M-2 19,509,000.00 19,509,000.00 0.00 0.00 0.00 0.00 M-3 18,837,000.00 18,837,000.00 0.00 0.00 0.00 0.00 M-4 16,146,000.00 16,146,000.00 0.00 0.00 0.00 0.00 M-5 18,164,000.00 18,164,000.00 0.00 0.00 0.00 0.00 M-6 17,491,000.00 17,491,000.00 0.00 0.00 0.00 0.00 M-7 13,455,000.00 13,455,000.00 0.00 0.00 0.00 0.00 M-8 13,454,000.00 13,454,000.00 0.00 0.00 0.00 0.00 M-9A 9,082,000.00 9,082,000.00 0.00 0.00 0.00 0.00 M-9B 9,082,000.00 9,082,000.00 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 R-3 0.00 0.00 0.00 0.00 0.00 0.00 CE 37,636,780.31 3738,~~636~~978,~~780~~893.3163 0.00 0.00 0.00 0.00 Totals 1,344,099,780.31 1,~~344~~307,~~099~~026,~~780~~774.3197 0.00 3837,~~415~~260,~~118~~213.6669 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 28,~~155~~052,~~060~~175.3490 ~~543~~515,~~437~~385,~~939~~763.6676 0.~~95074282~~90166563 28,~~155~~052,~~060~~175.3490 I-A-2 0.00 113,708,000.00 1.00000000 0.00 I-A-3 0.00 82,737,000.00 1.00000000 0.00 II-A-1 98,~~234~~287,~~037~~220.3744 ~~296~~287,~~130~~843,~~962~~742.6319 0.~~96976066~~94262192 98,~~234~~287,~~037~~220.3744 II-A-2 1920,~~026,020~~817.9535 3231,~~903~~983,~~979~~161.0570 0.~~96976066~~94262192 1920,~~026,020~~817.9535 M-1 0.00 63,910,000.00 1.00000000 0.00 M-2 0.00 19,509,000.00 1.00000000 0.00 M-3 0.00 18,837,000.00 1.00000000 0.00 M-4 0.00 16,146,000.00 1.00000000 0.00 M-5 0.00 18,164,000.00 1.00000000 0.00 M-6 0.00 17,491,000.00 1.00000000 0.00 M-7 0.00 13,455,000.00 1.00000000 0.00 M-8 0.00 13,454,000.00 1.00000000 0.00 M-9A 0.00 9,082,000.00 1.00000000 0.00 M-9B 0.00 9,082,000.00 1.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 R-2 0.00 0.00 0.00000000 0.00 R-3 0.00 0.00 0.00000000 0.00 CE 0.00 38,978,893.63 1.03565962 0.00 Totals 3837,~~415~~260,~~118~~213.6669 1,~~307~~269,~~026~~766,~~774~~561.9728 0.~~97241797~~94469665 3837,~~415~~260,~~118~~213.6669

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 571,593,000.00 ~~1000~~950.~~00000000~~74281816 0.00000000 49.~~25718184~~07718586 0.00000000 I-A-2 113,708,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A-3 82,737,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-1 305,365,000.00 ~~1000~~969.~~00000000~~76065571 0.00000000 3027.~~23934429~~13873705 0.00000000 II-A-2 33,930,000.00 ~~1000~~969.~~00000000~~76065576 0.00000000 3027.~~23934424~~13873711 0.00000000 M-1 63,910,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 19,509,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 18,837,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 16,146,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 18,164,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 17,491,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 13,455,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 13,454,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9A 9,082,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9B 9,082,000.00 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 R-3 0.00 0.00000000 0.00000000 0.00000000 0.00000000 CE 37,636,780.31 ~~1000~~1035.~~00000000~~65962096 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 49.~~25718184~~07718586 ~~950~~901.~~74281816~~66563229 0.~~95074282~~90166563 49.~~25718184~~07718586 I-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-1 0.00000000 3027.~~23934429~~13873705 ~~969~~942.~~76065571~~62191865 0.~~96976066~~94262192 3027.~~23934429~~13873705 II-A-2 0.00000000 3027.~~23934424~~13873711 ~~969~~942.~~76065576~~62191866 0.~~96976066~~94262192 3027.~~23934424~~13873711 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-9A 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-9B 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 R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 CE 0.00000000 0.00000000 1,035.65962096 1.03565962 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-1 571,593,000.00 2.~~14000~~38000% ~~571~~543,~~593~~437,~~000~~939.0066 1,~~053~~113,~~318~~745.8887 0.00 0.00 I-A-2 113,708,000.00 2.~~29000~~53000% 113,708,000.00 ~~224~~247,~~225~~725.8651 0.00 0.00 I-A-3 82,737,000.00 2.~~49000~~73000% 82,737,000.00 ~~177~~194,~~401~~500.9290 0.00 0.00 II-A-1 305,365,000.00 2.~~26000~~50000% ~~305~~296,~~365~~130,~~000~~962.0063 ~~594~~637,~~274~~504.2216 0.00 0.00 II-A-2 33,930,000.00 2.~~34000~~58000% 3332,~~930~~903,~~000~~979.0005 6873,~~368~~101.9567 0.00 0.00 M-1 63,910,000.00 2.~~64000~~88000% 63,910,000.00 ~~145~~158,~~288~~496.7380 0.00 0.00 M-2 19,509,000.00 2.~~69000~~93000% 19,509,000.00 4549,~~190~~222.4329 0.00 0.00 M-3 18,837,000.00 23.~~99000~~23000% 18,837,000.00 4852,~~500~~393.0402 0.00 0.00 M-4 16,146,000.00 3.~~14000~~38000% 16,146,000.00 4346,~~656~~993.9983 0.00 0.00 M-5 18,164,000.00 3.~~34000~~58000% 18,164,000.00 5255,~~241~~995.6858 0.00 0.00 M-6 17,491,000.00 34.~~94000~~18000% 17,491,000.00 5962,~~343~~957.0888 0.00 0.00 M-7 13,455,000.00 34.~~94000~~18000% 13,455,000.00 4548,~~649~~430.8252 0.00 0.00 M-8 13,454,000.00 5.~~44000~~68000% 13,454,000.00 6365,~~024~~805.5201 0.00 0.00 M-9A 9,082,000.00 56.~~94000~~18000% 9,082,000.00 4648,~~454~~331.4338 0.00 0.00 M-9B 9,082,000.00 56.~~94000~~18000% 9,082,000.00 4648,~~454~~331.4338 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 R-3 0.00 0.00000% 0.00 0.00 0.00 0.00 CE 37,636,780.31 0.00000% 3738,~~636~~978,~~780~~893.3163 0.00 0.00 0.00 Totals 1,344,099,780.31 2,~~713~~903,~~393~~535.9880 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 0.00 0.00 1,~~053~~113,~~318~~745.8887 0.00 ~~543~~515,~~437~~385,~~939~~763.6676 I-A-2 0.00 0.00 ~~224~~247,~~225~~725.8651 0.00 113,708,000.00 I-A-3 0.00 0.00 ~~177~~194,~~401~~500.9290 0.00 82,737,000.00 II-A-1 0.00 0.00 ~~594~~637,~~274~~504.2216 0.00 ~~296~~287,~~130~~843,~~962~~742.6319 II-A-2 0.00 0.00 6873,~~368~~101.9567 0.00 3231,~~903~~983,~~979~~161.0570 M-1 0.00 0.00 ~~145~~158,~~288~~496.7380 0.00 63,910,000.00 M-2 0.00 0.00 4549,~~190~~222.4329 0.00 19,509,000.00 M-3 0.00 0.00 4852,~~500~~393.0402 0.00 18,837,000.00 M-4 0.00 0.00 4346,~~656~~993.9983 0.00 16,146,000.00 M-5 0.00 0.00 5255,~~241~~995.6858 0.00 18,164,000.00 M-6 0.00 0.00 5962,~~343~~957.0888 0.00 17,491,000.00 M-7 0.00 0.00 4548,~~649~~430.8252 0.00 13,455,000.00 M-8 0.00 0.00 6365,~~024~~805.5201 0.00 13,454,000.00 M-9A 0.00 0.00 4648,~~454~~331.4338 0.00 9,082,000.00 M-9B 0.00 0.00 4648,~~454~~331.4338 0.00 9,082,000.00 R-1 0.00 0.00 0.00 0.00 0.00 R-2 0.00 0.00 0.00 0.00 0.00 R-3 0.00 0.00 0.00 0.00 0.00 CE 0.00 0.00 6,~~027~~695,~~841~~091.5449 0.00 38,978,893.63 Totals 0.00 0.00 89,~~741~~598,~~235~~627.5229 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-1 571,593,000.00 2.~~14000~~38000% ~~1000~~950.~~00000000~~74281816 1.~~84277778~~94849459 0.00000000 0.00000000 I-A-2 113,708,000.00 2.~~29000~~53000% 1000.00000000 12.~~97194445~~17861109 0.00000000 0.00000000 I-A-3 82,737,000.00 2.~~49000~~73000% 1000.00000000 2.~~14416670~~35083336 0.00000000 0.00000000 II-A-1 305,365,000.00 2.~~26000~~50000% ~~1000~~969.~~00000000~~76065571 12.~~94611111~~08767920 0.00000000 0.00000000 II-A-2 33,930,000.00 2.~~34000~~58000% ~~1000~~969.~~00000000~~76065576 2.~~01500000~~15448482 0.00000000 0.00000000 M-1 63,910,000.00 2.~~64000~~88000% 1000.00000000 2.~~27333328~~48000000 0.00000000 0.00000000 M-2 19,509,000.00 2.~~69000~~93000% 1000.00000000 2.~~31638885~~52305551 0.00000000 0.00000000 M-3 18,837,000.00 23.~~99000~~23000% 1000.00000000 2.~~57472209~~78138876 0.00000000 0.00000000 M-4 16,146,000.00 3.~~14000~~38000% 1000.00000000 2.~~70388889~~91055556 0.00000000 0.00000000 M-5 18,164,000.00 3.~~34000~~58000% 1000.00000000 23.~~87611099~~08277802 0.00000000 0.00000000 M-6 17,491,000.00 34.~~94000~~18000% 1000.00000000 3.~~39277800~~59944429 0.00000000 0.00000000 M-7 13,455,000.00 34.~~94000~~18000% 1000.00000000 3.~~39277741~~59944407 0.00000000 0.00000000 M-8 13,454,000.00 5.~~44000~~68000% 1000.00000000 4.~~68444477~~89111119 0.00000000 0.00000000 M-9A 9,082,000.00 56.~~94000~~18000% 1000.00000000 5.~~11500000~~32166703 0.00000000 0.00000000 M-9B 9,082,000.00 56.~~94000~~18000% 1000.00000000 5.~~11500000~~32166703 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 R-3 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 CE 37,636,780.31 0.00000% ~~1000~~1035.~~00000000~~65962096 0.00000000 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 0.00000000 0.00000000 1.~~84277778~~94849459 0.00000000 ~~950~~901.~~74281816~~66563229 I-A-2 0.00000000 0.00000000 12.~~97194445~~17861109 0.00000000 1000.00000000 I-A-3 0.00000000 0.00000000 2.~~14416670~~35083336 0.00000000 1000.00000000 II-A-1 0.00000000 0.00000000 12.~~94611111~~08767920 0.00000000 ~~969~~942.~~76065571~~62191865 II-A-2 0.00000000 0.00000000 2.~~01500000~~15448482 0.00000000 ~~969~~942.~~76065576~~62191866 M-1 0.00000000 0.00000000 2.~~27333328~~48000000 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.~~31638885~~52305551 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 2.~~57472209~~78138876 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 2.~~70388889~~91055556 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 23.~~87611099~~08277802 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 3.~~39277800~~59944429 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 3.~~39277741~~59944407 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 4.~~68444477~~89111119 0.00000000 1000.00000000 M-9A 0.00000000 0.00000000 5.~~11500000~~32166703 0.00000000 1000.00000000 M-9B 0.00000000 0.00000000 5.~~11500000~~32166703 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 R-3 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 CE 0.00000000 0.00000000 ~~160~~177.~~15826780~~88693493 0.00000000 1035.65962096 (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 46,~~904~~610,~~693~~858.8145 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~822~~1,~~902~~663,631.7750 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0(37,259.0083) Prepayment Penalties 0.00 Total Deposits 4748,~~727~~237,~~596~~230.5812 Withdrawals Reimbursement for Servicer Advances 0822,902.0077 Payment of Service Fee ~~571~~555,~~242~~486.4038 Payment of Interest and Principal 4746,~~156~~858,~~354~~840.1897 Total Withdrawals (Pool Distribution Amount) 4748,~~727~~237,~~596~~230.5812 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~560~~544,~~041~~594.5749 Trustee Fee 1110,~~200~~891.8389 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~571~~555,~~242~~486.4038

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 ~~122~~249 0 0 ~~122~~249 717,~~080~~154,~~884~~160.1276 0.00 0.00 717,~~080~~154,~~884~~160.1276 30 Days 12,~~311~~130 1340 0 0 12,~~324~~170 77122,~~736~~832,~~901~~027.0417 ~~915~~2,~~811~~956,722.3387 0.00 0.00 78125,~~652~~788,~~712~~750.3704 60 Days ~~320~~757 727 0 0 ~~327~~784 2044,~~038~~012,~~766~~583.3060 ~~367~~2,~~068~~012,969.2627 0.00 0.00 2046,~~405~~025,~~834~~552.5687 90 Days 77284 518 0 0 82302 417,~~635~~206,~~411~~464.9771 ~~617~~901,~~348~~768.9520 0.00 0.00 518,~~252~~108,~~760~~232.9291 120 Days 296 017 0 0 2113 835,~~140~~540,188.7944 01,271,593.0011 0.00 0.00 836,~~140~~811,781.7955 150 Days 04 01 0 0 05 0212,495.0047 035,898.00 0.00 0.00 0248,393.0047 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 13,~~710~~271 ~~147~~352 0 0 13,~~857~~623 ~~102~~189,~~494~~803,~~220~~759.1039 824,~~981~~333,112.6621 0.00 0.00 ~~111~~214,~~475~~136,~~332~~871.7660 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.~~539871~~130996% 0.000000% 0.000000% 01.~~539871~~130996% 01.~~541755~~350970% 0.000000% 0.000000% 01.~~541755~~350970% 30 Days 59.~~801398~~674782% 0.~~057527~~181686% 0.000000% 0.000000% 59.~~858926~~856468% 59.~~947614~~673591% 0.~~070068~~232856% 0.000000% 0.000000% 69.~~017682~~906447% 60 Days 13.~~416055~~438408% 0.~~030976~~122638% 0.000000% 0.000000% 13.~~447031~~561047% 13.~~533157~~466195% 0.~~028084~~158531% 0.000000% 0.000000% 13.~~561241~~624726% 90 Days 01.~~340738~~289971% 0.~~022126~~081759% 0.000000% 0.000000% 01.~~362864~~371730% 01.~~354653~~355089% 0.~~047233~~071018% 0.000000% 0.000000% 01.~~401886~~426107% 120 Days 0.~~008850~~436047% 0.~~000000~~077217% 0.000000% 0.000000% 0.~~008850~~513263% 0.~~006361~~436316% 0.~~000000~~100144% 0.000000% 0.000000% 0.~~006361~~536459% 150 Days 0.~~000000~~018169% 0.~~000000~~004542% 0.000000% 0.000000% 0.~~000000~~022711% 0.~~000000~~016735% 0.~~000000~~002827% 0.000000% 0.000000% 0.~~000000~~019562% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 714.~~567041~~857376% 01.~~650500~~598837% 0.000000% 0.000000% 816.~~217541~~456214% 714.~~841784~~947925% 01.~~687141~~916345% 0.000000% 0.000000% 816.~~528925~~864271%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Grp 1, Fix 1st 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 49100 0 0 49100 38,~~335~~020,~~739~~975.1750 0.00 0.00 38,~~335~~020,~~739~~975.1750 30 Days ~~531~~940 820 0 0 ~~539~~960 4167,~~676~~351,~~229~~536.5623 ~~711~~1,~~385~~516,423.5681 0.00 0.00 4268,~~387~~867,~~615~~960.1204 60 Days ~~145~~342 317 0 0 ~~148~~359 1225,~~162~~066,~~428~~886.2648 ~~263~~1,~~134~~357,955.0785 0.00 0.00 1226,~~425~~424,~~562~~842.33 90 Days 30135 27 0 0 32142 210,~~463~~174,~~203~~780.3407 ~~325~~597,~~377~~035.6670 0.00 0.00 210,~~788~~771,~~581~~815.0077 120 Days 150 08 0 0 158 733,~~330~~606,986.0477 0776,190.0015 0.00 0.00 734,~~330~~383,176.0492 150 Days 01 0 0 0 01 097,274.0019 0.00 0.00 0.00 097,274.0019 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~707~~1,468 62152 0 0 ~~769~~1,620 56106,~~375~~297,~~191~~463.2074 412,~~635~~268,~~636~~581.4601 0.00 0.00 61118,~~010~~566,~~827~~044.6675 0-29 Days 01.~~584516~~217582% 0.000000% 0.000000% 01.~~584516~~217582% 01.~~557998~~376865% 0.000000% 0.000000% 01.~~557998~~376865% 30 Days 611.~~334248~~445270% 0.~~095431~~243516% 0.000000% 0.000000% 611.~~429679~~688786% 611.~~971548~~561433% 0.~~119000~~260306% 0.000000% 0.000000% 711.~~090548~~821739% 60 Days 14.~~729691~~164130% 0.~~035787~~206989% 0.000000% 0.000000% 14.~~765478~~371119% 24.~~034516~~302933% 0.~~044017~~233104% 0.000000% 0.000000% 24.~~078533~~536037% 90 Days 01.~~357867~~643736% 0.~~023858~~085231% 0.000000% 0.000000% 01.~~381725~~728966% 01.~~412042~~746583% 0.~~054429~~102486% 0.000000% 0.000000% 01.~~466470~~849069% 120 Days 0.~~011929~~608791% 0.~~000000~~097407% 0.000000% 0.000000% 0.~~011929~~706197% 0.~~012267~~619168% 0.~~000000~~133239% 0.000000% 0.000000% 0.~~012267~~752408% 150 Days 0.~~000000~~012176% 0.000000% 0.000000% 0.000000% 0.~~000000~~012176% 0.~~000000~~016698% 0.000000% 0.000000% 0.000000% 0.~~000000~~016698% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 817.~~433735~~874102% 01.~~739592~~850724% 0.000000% 0.000000% 919.~~173327~~724826% 918.~~430372~~246814% 02.~~775444~~106001% 0.000000% 0.000000% 1020.~~205815~~352815% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Grp 1, Fix 2nd 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 5082 0 0 5082 12,~~550~~287,~~189~~614.1703 0.00 0.00 12,~~550~~287,~~189~~614.1703 30 Days ~~545~~828 49 0 0 ~~549~~837 1523,~~158~~082,~~362~~544.1512 92372,~~724~~333.3243 0.00 0.00 1523,~~251~~454,~~086~~877.4755 60 Days ~~136~~297 45 0 0 ~~140~~302 38,~~941~~766,~~508~~111.5303 ~~103~~94,~~934~~883.1970 0.00 0.00 48,~~045~~860,~~442~~994.7273 90 Days 39105 110 0 0 40115 13,~~277~~427,~~546~~807.6283 48275,~~495~~018.8154 0.00 0.00 13,~~326~~702,~~042~~826.4337 120 Days 139 06 0 0 145 91,~~810~~229,216.7594 0168,013.0011 0.00 0.00 91,~~810~~397,230.7505 150 Days 03 01 0 0 04 0115,221.0028 035,898.00 0.00 0.00 0151,119.0028 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~721~~1,272 59113 0 0 ~~780~~1,385 2036,~~387~~620,~~228~~901.0520 13,~~795~~233,~~343~~760.4981 0.00 0.00 2239,~~182~~854,~~571~~662.5401 0-29 Days 0.~~531124~~900011% 0.000000% 0.000000% 0.~~531124~~900011% 0.~~589616~~904943% 0.000000% 0.000000% 0.~~589616~~904943% 30 Days 59.~~789250~~087916% 0.~~042490~~098782% 0.000000% 0.000000% 59.~~831740~~186697% 59.~~765499~~131083% 0.~~035268~~147289% 0.000000% 0.000000% 59.~~800767~~278373% 60 Days 13.~~444657~~259796% 0.~~042490~~054879% 0.000000% 0.000000% 13.~~487147~~314675% 13.~~499157~~467733% 0.~~039531~~037534% 0.000000% 0.000000% 13.~~538689~~505267% 90 Days 01.~~414277~~152453% 0.~~010622~~109757% 0.000000% 0.000000% 01.~~424899~~262211% 01.~~485916~~355986% 0.~~018445~~108793% 0.000000% 0.000000% 01.~~504362~~464779% 120 Days 0.~~010622~~428054% 0.~~000000~~065854% 0.000000% 0.000000% 0.~~010622~~493908% 0.~~003732~~486258% 0.~~000000~~066463% 0.000000% 0.000000% 0.~~003732~~552722% 150 Days 0.~~000000~~032927% 0.~~000000~~010976% 0.000000% 0.000000% 0.~~000000~~043903% 0.~~000000~~045580% 0.~~000000~~014201% 0.000000% 0.000000% 0.~~000000~~059780% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 713.~~658806~~961146% 01.~~626726~~240259% 0.000000% 0.000000% 815.~~285532~~201405% 714.~~754304~~486640% 01.~~682861~~279224% 0.000000% 0.000000% 815.~~437165~~765864% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Grp 1, ARM 1st No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 47137,~~175~~503.5118 0.00 0.00 47137,~~175~~503.5118 30 Days 4896 01 0 0 4897 38,~~648~~161,~~123~~002.9940 053,952.0065 0.00 0.00 38,~~648~~214,~~123~~955.9905 60 Days 835 0 0 0 835 ~~766~~2,~~881~~812,365.3950 0.00 0.00 0.00 ~~766~~2,~~881~~812,365.3950 90 Days 219 01 0 0 220 ~~300~~1,~~378~~559,312.8963 029,713.0096 0.00 0.00 ~~300~~1,~~378~~589,026.8959 120 Days 02 0 0 0 02 0230,330.0066 0.00 0.00 0.00 0230,330.0066 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 58152 13 0 0 59155 412,~~715~~763,~~384~~011.2719 47221,~~175~~169.5179 0.00 0.00 412,~~762~~984,~~559~~180.7898 0-29 Days 0.~~189753~~198807% 0.000000% 0.000000% 0.~~189753~~198807% 0.~~107899~~335075% 0.000000% 0.000000% 0.~~107899~~335075% 30 Days 919.~~108159~~085487% 0.~~000000~~198807% 0.000000% 0.000000% 919.~~108159~~284294% 819.~~343896~~887171% 0.~~000000~~131475% 0.000000% 0.000000% 820.~~343896~~018646% 60 Days 16.~~518027~~958250% 0.000000% 0.000000% 0.000000% 16.~~518027~~958250% 16.~~753992~~853324% 0.000000% 0.000000% 0.000000% 16.~~753992~~853324% 90 Days 03.~~379507~~777336% 0.~~000000~~198807% 0.000000% 0.000000% 03.~~379507~~976143% 03.~~687019~~799817% 0.~~000000~~072409% 0.000000% 0.000000% 03.~~687019~~872226% 120 Days 0.~~000000~~397614% 0.000000% 0.000000% 0.000000% 0.~~000000~~397614% 0.~~000000~~561282% 0.000000% 0.000000% 0.000000% 0.~~000000~~561282% 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 1130.~~005693~~218688% 0.~~189753~~596421% 0.000000% 0.000000% 1130.~~195446~~815109% 1031.~~784907~~101595% 0.~~107899~~538958% 0.000000% 0.000000% 1031.~~892805~~640553% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Grp 1, ARM 2nd 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 02 0 0 0 02 0235,925.0081 0.00 0.00 0.00 0235,925.0081 60 Days 0 01 0 0 01 0.00 0120,065.0070 0.00 0.00 0120,065.0070 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 02 01 0 0 03 0235,925.0081 0120,065.0070 0.00 0.00 0355,991.0051 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 022.~~000000~~222222% 0.000000% 0.000000% 0.000000% 022.~~000000~~222222% 034.~~000000~~048843% 0.000000% 0.000000% 0.000000% 034.~~000000~~048843% 60 Days 0.000000% 011.~~000000~~111111% 0.000000% 0.000000% 011.~~000000~~111111% 0.000000% 017.~~000000~~327897% 0.000000% 0.000000% 017.~~000000~~327897% 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 022.~~000000~~222222% 011.~~000000~~111111% 0.000000% 0.000000% 033.~~000000~~333333% 034.~~000000~~048843% 017.~~000000~~327897% 0.000000% 0.000000% 051.~~000000~~376740% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Grp 2, Fix 1st 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 2266 0 0 2266 26,~~147~~708,~~780~~068.2705 0.00 0.00 26,~~147~~708,~~780~~068.2705 30 Days ~~187~~264 110 0 0 ~~188~~274 1724,~~254~~001,~~185~~018.3461 ~~111~~1,~~701~~014,012.4598 0.00 0.00 1725,~~365~~015,~~886~~031.7959 60 Days 3183 04 0 0 3187 37,~~167~~367,~~948~~220.1259 0440,064.0002 0.00 0.00 37,~~167~~807,~~948~~284.1261 90 Days 625 20 0 0 825 ~~594~~2,~~283~~044,564.1218 ~~243,475~~0.4800 0.00 0.00 ~~837~~2,~~758~~044,564.6018 120 Days 05 03 0 0 08 0473,654.0007 0327,389.0085 0.00 0.00 0801,043.0092 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 ~~224~~377 2583 0 0 ~~249~~460 2133,~~016~~886,~~416~~457.5845 28,~~502~~489,~~957~~534.2090 0.00 0.00 2342,~~519~~375,~~373~~992.7835 0-29 Days 01.~~515826~~578947% 0.000000% 0.000000% 01.~~515826~~578947% 01.~~534418~~708223% 0.000000% 0.000000% 01.~~534418~~708223% 30 Days 46.~~384525~~315789% 0.~~023447~~239234% 0.000000% 0.000000% 46.~~407972~~555024% 46.~~293244~~111908% 0.~~027794~~258220% 0.000000% 0.000000% 46.~~321038~~370129% 60 Days 01.~~726846~~985646% 0.~~000000~~095694% 0.000000% 0.000000% 02.~~726846~~081340% 01.~~788259~~876078% 0.~~000000~~112063% 0.000000% 0.000000% 01.~~788259~~988141% 90 Days 0.~~140680~~598086% 0.~~046893~~000000% 0.000000% 0.000000% 0.~~187573~~598086% 0.~~147872~~520652% 0.~~060582~~000000% 0.000000% 0.000000% 0.~~208454~~520652% 120 Days 0.~~000000~~119617% 0.~~000000~~071770% 0.000000% 0.000000% 0.~~000000~~191388% 0.~~000000~~120617% 0.~~000000~~083370% 0.000000% 0.000000% 0.~~000000~~203987% 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 59.~~252052~~019139% 01.~~586166~~985646% 0.000000% 0.000000% 511.~~838218~~004785% 58.~~229375~~629255% 02.~~622794~~161877% 0.000000% 0.000000% 510.~~852169~~791132%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~822~~1,~~902~~663,631.7750 Class IA2 658,798,780.31 49.01412752% 640,672,797.52 50.45595128% 8.955032% 0.000000% Class IA3 576,061,780.31 42.85855773% 557,935,797.52 43.94002918% 6.515922% 0.000000% Class 2A1 270,696,780.31 20.13963429% 270,092,055.33 21.27100079% 22.669028% 0.000000% Class 2A2 236,766,780.31 17.61526814% 238,108,893.63 18.75217862% 2.518822% 0.000000% Class M-1 172,856,780.31 12.86041281% 174,198,893.63 13.71897000% 5.033209% 0.000000% Class M-2 153,347,780.31 11.40895807% 154,689,893.63 12.18254586% 1.536424% 0.000000% Class M-3 134,510,780.31 10.00749961% 135,852,893.63 10.69904483% 1.483501% 0.000000% Class M-4 118,364,780.31 8.80624951% 119,706,893.63 9.42747252% 1.271572% 0.000000% Class R-I 37,636,780.31 2.80014779% 38,978,893.63 3.06976848% 0.000000% 0.000000% Class R-II 37,636,780.31 2.80014779% 38,978,893.63 3.06976848% 0.000000% 0.000000% Class R-III 37,636,780.31 2.80014779% 38,978,893.63 3.06976848% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

~~Class~~COLLATERAL ~~IA2~~STATEMENT ~~658,798,780.31~~Collateral ~~49.01412752%~~Description ~~649,880,835.31~~Mixed ~~49.72207515%~~Fixed ~~8.699745%~~& ~~0.000000%~~Arm ~~Class~~Weighted ~~IA3~~Average ~~576,061,780.31~~Gross 42Coupon 9.~~85855773~~506345% ~~567,143,835.31~~Weighted ~~43.39190644%~~Average ~~6.330169%~~Net 0Coupon 9.~~000000~~006345% ~~Class~~Weighted ~~2A1~~Average ~~270,696,780.31~~Pass-Through 20Rate 8.~~13963429~~996345% ~~271,012,872.68~~Weighted ~~220.73506663%~~Average ~~2.656840%~~Maturity(Stepdown ~~0.000000%~~Calculation ~~Class~~) ~~2A2~~217 ~~236,766,780.31~~Beginning ~~17.61526814%~~Scheduled ~~238~~Collateral Loan Count 22,~~108,893.63~~598 ~~18.21759877%~~Number ~~2.517468%~~Of ~~0.000000%~~Loans ~~Class~~Paid ~~M-1~~In ~~172,856,780.31~~Full ~~12.86041281%~~582 ~~174,198,893.63~~Ending ~~13.32787491%~~Scheduled ~~4.889724%~~Collateral ~~0.000000%~~Loan ~~Class~~Count ~~M-2~~22,016 ~~153~~Beginning Scheduled Collateral Balance 1,~~347~~307,~~780~~026,774.3197 ~~11.40895807%~~Ending ~~154~~Scheduled Collateral Balance 1,~~689~~269,~~893~~766,561.6328 ~~11.83525055%~~Ending ~~1.492624%~~Actual ~~0.000000%~~Collateral ~~Class~~Balance Mat 30-3Nov-2004 ~~134~~1,~~510~~269,~~780~~766,561.3128 ~~10.00749961%~~Monthly ~~135~~P &I Constant 12,~~852~~328,~~893~~012.6389 ~~10.39404060%~~Special ~~1.441210%~~Servicing Fee 0.~~000000%~~00 ~~Class~~Prepayment ~~M-4~~Penalties ~~118,364,780~~0.3100 ~~8.80624951%~~Realized ~~119~~Loss Amount 37,~~706,893~~259.6383 ~~9.15871778%~~Cumulative ~~1.235323%~~Realized 0Loss 37,259.~~000000%~~83 ~~Class~~Scheduled ~~R-I~~Principal 371,~~636~~973,~~780~~806.3157 ~~2.80014779%~~Unscheduled 38Principal 35,~~978~~286,~~893~~407.6312 ~~2.98225670%~~Required ~~0.000000%~~Overcollateralization Amount 0.~~000000%~~00 ~~Class~~Overcollateralized ~~R-II~~Increase Amount 37,~~636,780~~259.3183 ~~2.80014779%~~Overcollateralized ~~38,978,893.63~~reduction ~~2.98225670%~~Amount 0.~~000000%~~00 ~~0.000000%~~Specified ~~Class~~O/C ~~R-III~~Amount 3738,~~636~~978,~~780~~893.3163 ~~2.80014779%~~Overcollateralized Amount 38,978,893.63 ~~2.98225670%~~Overcollateralized ~~0.000000%~~Deficiency 0Amount 37,259.~~000000%~~83 ~~Please~~Base ~~Refer~~Overcollateralized toAmount ~~the~~0.00 ~~Prospectus~~Extra ~~Supplement~~principal ~~for~~distribution aAmount ~~Full~~37,259.83 ~~Description~~Excess ofCash ~~Loss~~Amount ~~Exposure~~6,732,351.32

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 9.512322% Weighted Average Net Coupon 9.012322% Weighted Average Pass-Through Rate 9.002322% Weighted Average Maturity(Stepdown Calculation ) 218 Beginning Scheduled Collateral Loan Count 23,135 Number Of Loans Paid In Full 537 Ending Scheduled Collateral Loan Count 22,598 Beginning Scheduled Collateral Balance 1,344,099,780.31 Ending Scheduled Collateral Balance 1,307,026,774.97 Ending Actual Collateral Balance at 31-Oct-2004 1,307,026,774.97 Monthly P &I Constant 11,580,760.35 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 926,169.14 Unscheduled Principal 36,146,836.20 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 1,342,113.32 Overcollateralized reduction Amount 0.00 Specified O/C Amount 38,978,893.63 Overcollateralized Amount 38,978,893.63 Overcollateralized Deficiency Amount 1,342,113.32 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 1,342,113.32 Excess Cash Amount 7,369,954.86

Group Level Collateral Statement Group Grp 1, Fix 1st Grp 1, Fix 2nd Grp 1, ARM 1st Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 9.~~480034~~478327 11.~~248630~~242736 9.~~490865~~497874 Weighted Average Net Rate 8.~~980034~~978327 10.~~748630~~742736 8.~~990865~~997874 Weighted Average Maturity ~~210~~209 ~~210~~209 ~~210~~209 Beginning Loan Count 8,~~561~~383 9,~~682~~414 ~~539~~527 Loans Paid In Full ~~178~~170 ~~268~~303 1224 Ending Loan Count 8,~~383~~213 9,~~414~~111 ~~527~~503 Beginning Scheduled Balance ~~612~~597,~~991~~804,~~932~~536.3025 ~~273~~262,~~337~~914,~~130~~989.8735 4543,~~113~~722,~~357~~069.4002 Ending scheduled Balance ~~597~~582,~~804~~553,~~536~~554.2559 ~~262~~252,~~914~~790,~~989~~859.3504 4341,~~722~~036,~~069~~516.0293 Record Date 1011/3130/2004 1011/3130/2004 1011/3130/2004 Principal And Interest Constant 5,~~225~~423,~~408~~709.8911 23,~~872~~206,~~621~~537.1358 ~~373~~382,~~522~~175.5372 Scheduled Principal ~~382~~701,~~755~~886.3448 ~~310~~743,~~397~~300.6199 1636,~~718~~120.5415 Unscheduled Principal 14,~~804~~549,~~640~~095.7118 109,~~111~~380,~~743~~829.9132 12,~~374~~649,~~569~~431.8494 Scheduled Interest 4,~~842~~721,~~653~~822.5563 2,~~562~~463,~~223~~236.5259 ~~356~~346,~~803~~055.9957 Servicing Fees ~~255~~249,~~413~~085.3122 ~~113~~109,~~890~~547.4791 18,~~797~~217.2353 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 54,~~108~~981.2770 2,~~277~~190.8196 ~~375~~364.9435 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 4,~~582~~467,~~131~~755.9771 2,~~446~~351,~~055~~497.2472 ~~337~~327,~~630~~473.8269 Realized Loss Amount 0.00 037,259.0083 0.00 Cumulative Realized Loss 0.00 037,259.0083 0.00 Percentage of Cumulative Losses 0.0000 0.~~0000~~0136 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 8.~~970034~~968327 10.~~738630~~732736 8.~~980865~~987874

Group Level Collateral Statement Group Grp 1, ARM 2nd Grp 2, Fix 1st Total Collateral Description Fixed 15/30 & ARM Mixed Fixed Mixed Fixed & Arm Weighted Average Coupon Rate 10.~~122304~~083616 8.~~408941~~412010 9.~~512322~~506345 Weighted Average Net Rate 9.~~622309~~583616 7.~~908941~~912010 9.~~012322~~006345 Weighted Average Maturity ~~210~~209 ~~237~~236 ~~218~~217 Beginning Loan Count 119 4,~~342~~265 2322,~~135~~598 Loans Paid In Full 20 7785 ~~537~~582 Ending Loan Count 9 4,~~265~~180 22,~~598~~016 Beginning Scheduled Balance ~~864~~693,~~201~~623.7082 ~~411~~401,~~793~~891,~~158~~556.0453 1,~~344~~307,~~099~~026,~~780~~774.3197 Ending scheduled Balance ~~693~~692,~~623~~904.8204 ~~401~~392,~~891~~692,~~556~~726.5368 1,~~307~~269,~~026~~766,~~774~~561.9728 Record Date 1011/3130/2004 1011/3130/2004 1011/3130/2004 Principal And Interest Constant 76,~~534~~511.6952 3,~~101~~309,~~673~~078.1196 1112,~~580~~328,~~760~~012.3589 Scheduled Principal ~~244~~682.9399 ~~216~~491,~~052~~815.7296 ~~926~~1,~~169~~973,806.1457 Unscheduled Principal ~~170,332~~36.9579 98,~~685~~707,~~548~~013.7989 3635,~~146~~286,~~836~~407.2012 Scheduled Interest 75,~~289~~828.7653 2,~~885~~817,~~620~~263.3900 10,~~654~~354,~~591~~206.2132 Servicing Fees ~~360~~289.0801 ~~171~~167,~~580~~454.4882 ~~560~~544,~~041~~594.5749 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 75.2078 3,~~431~~349.6110 1110,~~200~~891.8389 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 65,~~922~~533.4874 2,~~710~~646,~~608~~459.3008 109,~~083~~798,~~348~~719.8194 Realized Loss Amount 0.00 0.00 037,259.0083 Cumulative Realized Loss 0.00 0.00 037,259.0083 Percentage of Cumulative Losses 0.0000 0.0000 0.~~0000~~0028 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 9.~~612304~~573616 7.~~898941~~902010 98.~~002322~~996345

Filing Compare · BEAR STEARNS ASSET BACKED SECURITIES I TRUST 2004-BO1