8-K 1 ahm04002_10505.txt 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): May 25, 2005 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-112273-02 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 May 25, 2005 a distribution was made to holders of AMERICAN HOME MORTGAGE INVESTMENT 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 May 25, 2005 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. AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Indenture Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 5/31/05 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 May 25, 2005 distribution. EX-99.1

AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Record Date: 124/3129/~~2004~~05 Distribution Date: 15/25/~~2005~~05 AMERICAN HOME MORTGAGE INVESTMENT 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 I-A 02660TAV5 SEN 23.~~76750~~37000% ~~309~~241,~~226~~787,~~582~~901.7198 ~~689~~679,~~382~~021.0102 2117,~~629~~465,~~295~~994.8786 II-A 02660TAW3 SEN 3.77000% ~~170~~159,~~047~~500,~~010~~247.4229 ~~534~~501,~~231~~096.0261 45,~~099~~688,~~152~~567.1536 III-A 02660TAX1 SEN 4.34000% ~~115~~101,~~901~~051,~~344~~716.8785 ~~419~~365,~~176~~470.5338 4,~~613~~678,~~297~~522.9597 IV-A-1 02660TAY9 SEN 2.44000% ~~109~~73,~~019~~838,~~692~~186.9243 ~~221~~150,~~673~~137.3865 711,~~973~~898,~~346~~457.7330 IV-A-2 02660TAZ6 SEN 3.63500% 52,675,000.00 159,561.35 0.00 IV-A-3 02660TBA0 SEN 4.55000% 97,028,000.00 367,897.83 0.00 IV-A-4 02660TBB8 SEN 4.55000% 54,126,000.00 205,227.75 0.00 IV-A-5 02660TBC6 SEN 4.55000% 61,208,000.00 232,080.33 0.00 IV-A-6 02660TBD4 SEN 4.55000% 105,751,000.00 400,972.54 0.00 V-A 02660TBE2 SEN 5.50000% 8376,~~898~~785,~~844~~845.7377 ~~384~~351,~~536~~935.3713 12,~~966~~107,~~496~~008.2337 M-1 02660TBF9 MEZ 3.~~01750~~62000% 44,880,000.00 ~~109~~135,~~092~~388.6800 0.00 M-2 02660TBG7 MEZ 34.~~86750~~47000% 13,808,000.00 4351,~~018~~434.6380 0.00 M-3 02660TBH5 MEZ 45.~~91750~~52000% 8,285,500.00 3238,~~821~~113.5130 0.00 N 02660TBJ1 MEZ 5.50000% 51,~~790~~869,~~475~~751.3205 268,~~539~~569.6869 1801,~~119,287~~165.5584 OT AHM0402OT OT 0.00000% 0.00 0.00 0.00 OC OC 0.00000% 5,523,437.16 0.00 0.00 Totals 1,~~237~~098,~~168~~118,~~888~~586.1353 3,~~826~~646,~~211~~906.6138 4142,~~400~~639,~~876~~716.4870

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 ~~287~~224,~~597~~321,~~286~~907.8412 2218,~~318~~145,~~677~~015.88 0.00 II-A 0.00 ~~165~~153,~~947~~811,~~858~~679.2793 46,~~633~~189,~~383~~663.1797 0.00 III-A 0.00 ~~111~~96,~~288~~373,~~046~~193.9288 5,~~032~~043,~~474~~993.4835 0.00 IV-A-1 0.00 ~~101~~61,~~046~~939,~~346~~729.1913 812,~~195~~048,~~020~~594.1195 0.00 IV-A-2 0.00 52,675,000.00 159,561.35 0.00 IV-A-3 0.00 97,028,000.00 367,897.83 0.00 IV-A-4 0.00 54,126,000.00 205,227.75 0.00 IV-A-5 0.00 61,208,000.00 232,080.33 0.00 IV-A-6 0.00 105,751,000.00 400,972.54 0.00 V-A 0.00 8174,~~932~~678,~~348~~837.5040 2,~~351~~458,~~032~~943.6050 0.00 M-1 0.00 44,880,000.00 ~~109~~135,~~092~~388.6800 0.00 M-2 0.00 13,808,000.00 4351,~~018~~434.6380 0.00 M-3 0.00 8,285,500.00 3238,~~821~~113.5130 0.00 N 0.00 41,~~671~~068,~~187~~585.7721 1809,~~145,827~~735.2353 0.00 OT 0.00 0.00 0.00 0.00 OC 0.00 5,523,437.16 0.00 0.00 Totals 0.00 1,~~195~~055,~~768~~478,~~011~~869.6583 4546,~~227~~286,~~088~~623.0908 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 391,853,000.00 ~~309~~241,~~226~~787,~~582~~901.7198 0.00 2117,~~629~~465,~~295~~994.8786 0.00 0.00 II-A 179,968,000.00 ~~170~~159,~~047~~500,~~010~~247.4229 0.00 45,~~099~~688,~~152~~567.1536 0.00 0.00 III-A 135,297,000.00 ~~115~~101,~~901~~051,~~344~~716.8785 0.00 4,~~613~~678,~~297~~522.9597 0.00 0.00 IV-A-1 139,521,000.00 ~~109~~73,~~019~~838,~~692~~186.9243 0.00 711,~~973~~898,~~346~~457.7330 0.00 0.00 IV-A-2 52,675,000.00 52,675,000.00 0.00 0.00 0.00 0.00 IV-A-3 97,028,000.00 97,028,000.00 0.00 0.00 0.00 0.00 IV-A-4 54,126,000.00 54,126,000.00 0.00 0.00 0.00 0.00 IV-A-5 61,208,000.00 61,208,000.00 0.00 0.00 0.00 0.00 IV-A-6 105,751,000.00 105,751,000.00 0.00 0.00 0.00 0.00 V-A 90,935,000.00 8376,~~898~~785,~~844~~845.7377 0.00 12,~~966~~107,~~496~~008.2337 0.00 0.00 M-1 44,880,000.00 44,880,000.00 0.00 0.00 0.00 0.00 M-2 13,808,000.00 13,808,000.00 0.00 0.00 0.00 0.00 M-3 8,285,500.00 8,285,500.00 0.00 0.00 0.00 0.00 N 14,000,000.00 51,~~790~~869,~~475~~751.3205 0.00 1801,~~119,287~~165.5584 0.00 0.00 OT 0.00 0.00 0.00 0.00 0.00 0.00 OC 5,523,789.25 5,523,437.16 0.00 0.00 0.00 0.00 Totals 1,394,859,289.25 1,~~237~~098,~~168~~118,~~888~~586.1353 0.00 4142,~~400~~639,~~876~~716.4870 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 2117,~~629~~465,~~295~~994.8786 ~~287~~224,~~597~~321,~~286~~907.8412 0.~~73394178~~57246444 2117,~~629~~465,~~295~~994.8786 II-A 45,~~099~~688,~~152~~567.1536 ~~165~~153,~~947~~811,~~858~~679.2793 0.~~92209647~~85466127 45,~~099~~688,~~152~~567.1536 III-A 4,~~613~~678,~~297~~522.9597 ~~111~~96,~~288~~373,~~046~~193.9288 0.~~82254630~~71230843 4,~~613~~678,~~297~~522.9597 IV-A-1 711,~~973~~898,~~346~~457.7330 ~~101~~61,~~046~~939,~~346~~729.1913 0.~~72423754~~44394556 711,~~973~~898,~~346~~457.7330 IV-A-2 0.00 52,675,000.00 1.00000000 0.00 IV-A-3 0.00 97,028,000.00 1.00000000 0.00 IV-A-4 0.00 54,126,000.00 1.00000000 0.00 IV-A-5 0.00 61,208,000.00 1.00000000 0.00 IV-A-6 0.00 105,751,000.00 1.00000000 0.00 V-A 12,~~966~~107,~~496~~008.2337 8174,~~932~~678,~~348~~837.5040 0.~~90099905~~82123316 12,~~966~~107,~~496~~008.2337 M-1 0.00 44,880,000.00 1.00000000 0.00 M-2 0.00 13,808,000.00 1.00000000 0.00 M-3 0.00 8,285,500.00 1.00000000 0.00 N 1801,~~119,287~~165.5584 41,~~671~~068,~~187~~585.7721 0.~~33365627~~07632752 1801,~~119,287~~165.5584 OT 0.00 0.00 0.00000000 0.00 OC 0.00 5,523,437.16 0.99993626 0.00 Totals 4142,~~400~~639,~~876~~716.4870 1,~~195~~055,~~768~~478,~~011~~869.6583 0.~~85726784~~75669200 4142,~~400~~639,~~876~~716.4870

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 391,853,000.00 ~~789~~617.~~13925046~~03726137 0.00000000 5544.~~19747423~~57282415 0.00000000 II-A 179,968,000.00 ~~944~~886.~~87359097~~27004406 0.00000000 2231.~~77711677~~60877134 0.00000000 III-A 135,297,000.00 ~~856~~746.~~64386402~~88808215 0.00000000 34.~~09756277~~57965047 0.00000000 IV-A-1 139,521,000.00 ~~781~~529.~~38554712~~22632743 0.00000000 5785.~~14800446~~28076275 0.00000000 IV-A-2 52,675,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-3 97,028,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-4 54,126,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-5 61,208,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-6 105,751,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 V-A 90,935,000.00 ~~922~~844.~~62434409~~40364843 0.00000000 2123.~~62529532~~17048848 0.00000000 M-1 44,880,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 13,808,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 8,285,500.00 1000.00000000 0.00000000 0.00000000 0.00000000 N 14,000,000.00 ~~413~~133.~~60538000~~55364643 0.00000000 7957.~~94911071~~22613143 0.00000000 OT 0.00 0.00000000 0.00000000 0.00000000 0.00000000 OC 5,523,789.25 999.93625934 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 0.00000000 5544.~~19747423~~57282415 ~~733~~572.~~94177623~~46443723 0.~~73394178~~57246444 5544.~~19747423~~57282415 II-A 0.00000000 2231.~~77711677~~60877134 ~~922~~854.~~09647421~~66127273 0.~~92209647~~85466127 2231.~~77711677~~60877134 III-A 0.00000000 34.~~09756277~~57965047 ~~822~~712.~~54630125~~30843167 0.~~82254630~~71230843 34.~~09756277~~57965047 IV-A-1 0.00000000 5785.~~14800446~~28076275 ~~724~~443.~~23754266~~94556468 0.~~72423754~~44394556 5785.~~14800446~~28076275 IV-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 V-A 0.00000000 2123.~~62529532~~17048848 ~~900~~821.~~99904877~~23315995 0.~~90099905~~82123316 2123.~~62529532~~17048848 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 N 0.00000000 7957.~~94911071~~22613143 ~~333~~76.~~65626929~~32751500 0.~~33365627~~07632752 7957.~~94911071~~22613143 OT 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00000000 0.00000000 999.93625934 0.99993626 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 391,853,000.00 23.~~76750~~37000% ~~309~~241,~~226~~787,~~582~~901.7198 ~~689~~679,~~382~~021.0102 0.00 0.00 II-A 179,968,000.00 3.77000% ~~170~~159,~~047~~500,~~010~~247.4229 ~~534~~501,~~231~~096.0261 0.00 0.00 III-A 135,297,000.00 4.34000% ~~115~~101,~~901~~051,~~344~~716.8785 ~~419~~365,~~176~~470.5338 0.00 0.00 IV-A-1 139,521,000.00 2.44000% ~~109~~73,~~019~~838,~~692~~186.9243 ~~221~~150,~~673~~137.3865 0.00 0.00 IV-A-2 52,675,000.00 3.63500% 52,675,000.00 159,561.35 0.00 0.00 IV-A-3 97,028,000.00 4.55000% 97,028,000.00 367,897.83 0.00 0.00 IV-A-4 54,126,000.00 4.55000% 54,126,000.00 205,227.75 0.00 0.00 IV-A-5 61,208,000.00 4.55000% 61,208,000.00 232,080.33 0.00 0.00 IV-A-6 105,751,000.00 4.55000% 105,751,000.00 400,972.54 0.00 0.00 V-A 90,935,000.00 5.50000% 8376,~~898~~785,~~844~~845.7377 ~~384~~351,~~536~~935.3713 0.00 0.00 M-1 44,880,000.00 3.~~01750~~62000% 44,880,000.00 ~~109~~135,~~092~~388.6800 0.00 0.00 M-2 13,808,000.00 34.~~86750~~47000% 13,808,000.00 4351,~~018~~434.6380 0.00 0.00 M-3 8,285,500.00 45.~~91750~~52000% 8,285,500.00 3238,~~821~~113.5130 0.00 0.00 N 14,000,000.00 5.50000% 51,~~790~~869,~~475~~751.3205 268,~~539~~569.6869 0.00 0.00 OT 0.00 0.00000% 0.00 0.00 0.00 0.00 OC 5,523,789.25 0.00000% 5,523,437.16 0.00 0.00 0.00 Totals 1,394,859,289.25 3,~~826~~646,~~211~~906.6138 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 0.00 0.00 ~~689~~679,~~382~~021.0102 0.00 ~~287~~224,~~597~~321,~~286~~907.8412 II-A 0.00 0.00 ~~534~~501,~~231~~096.0261 0.00 ~~165~~153,~~947~~811,~~858~~679.2793 III-A 0.00 0.00 ~~419~~365,~~176~~470.5338 0.00 ~~111~~96,~~288~~373,~~046~~193.9288 IV-A-1 0.00 0.00 ~~221~~150,~~673~~137.3865 0.00 ~~101~~61,~~046~~939,~~346~~729.1913 IV-A-2 0.00 0.00 159,561.35 0.00 52,675,000.00 IV-A-3 0.00 0.00 367,897.83 0.00 97,028,000.00 IV-A-4 0.00 0.00 205,227.75 0.00 54,126,000.00 IV-A-5 0.00 0.00 232,080.33 0.00 61,208,000.00 IV-A-6 0.00 0.00 400,972.54 0.00 105,751,000.00 V-A 0.00 0.00 ~~384~~351,~~536~~935.3713 0.00 8174,~~932~~678,~~348~~837.5040 M-1 0.00 0.00 ~~109~~135,~~092~~388.6800 0.00 44,880,000.00 M-2 0.00 0.00 4351,~~018~~434.6380 0.00 13,808,000.00 M-3 0.00 0.00 3238,~~821~~113.5130 0.00 8,285,500.00 N 0.00 0.00 268,~~539~~569.6869 0.00 41,~~671~~068,~~187~~585.7721 OT 0.00 0.00 0.00 0.00 0.00 OC 0.00 0.00 0.00 0.00 5,523,437.16 Totals 0.00 0.00 3,~~826~~646,~~211~~906.6138 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 391,853,000.00 23.~~76750~~37000% ~~789~~617.~~13925046~~03726137 1.~~75928731~~73284630 0.00000000 0.00000000 II-A 179,968,000.00 3.77000% ~~944~~886.~~87359097~~27004406 2.~~96847784~~78436505 0.00000000 0.00000000 III-A 135,297,000.00 4.34000% ~~856~~746.~~64386402~~88808215 32.~~09819530~~70124526 0.00000000 0.00000000 IV-A-1 139,521,000.00 2.44000% ~~781~~529.~~38554712~~22632743 1.~~58881731~~07609356 0.00000000 0.00000000 IV-A-2 52,675,000.00 3.63500% 1000.00000000 3.02916659 0.00000000 0.00000000 IV-A-3 97,028,000.00 4.55000% 1000.00000000 3.79166663 0.00000000 0.00000000 IV-A-4 54,126,000.00 4.55000% 1000.00000000 3.79166667 0.00000000 0.00000000 IV-A-5 61,208,000.00 4.55000% 1000.00000000 3.79166661 0.00000000 0.00000000 IV-A-6 105,751,000.00 4.55000% 1000.00000000 3.79166665 0.00000000 0.00000000 V-A 90,935,000.00 5.50000% ~~922~~844.~~62434409~~40364843 43.~~22869489~~87018343 0.00000000 0.00000000 M-1 44,880,000.00 3.~~01750~~62000% 1000.00000000 23.~~43076381~~01666667 0.00000000 0.00000000 M-2 13,808,000.00 34.~~86750~~47000% 1000.00000000 3.~~11548595~~72500000 0.00000000 0.00000000 M-3 8,285,500.00 45.~~91750~~52000% 1000.00000000 34.~~96131917~~60000000 0.00000000 0.00000000 N 14,000,000.00 5.50000% ~~413~~133.~~60538000~~55364643 10.~~89569143~~61212071 0.00000000 0.00000000 OT 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 OC 5,523,789.25 0.00000% 999.93625934 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 0.00000000 0.00000000 1.~~75928731~~73284630 0.00000000 ~~733~~572.~~94177623~~46443723 II-A 0.00000000 0.00000000 2.~~96847784~~78436505 0.00000000 ~~922~~854.~~09647421~~66127273 III-A 0.00000000 0.00000000 32.~~09819530~~70124526 0.00000000 ~~822~~712.~~54630125~~30843167 IV-A-1 0.00000000 0.00000000 1.~~58881731~~07609356 0.00000000 ~~724~~443.~~23754266~~94556468 IV-A-2 0.00000000 0.00000000 3.02916659 0.00000000 1000.00000000 IV-A-3 0.00000000 0.00000000 3.79166663 0.00000000 1000.00000000 IV-A-4 0.00000000 0.00000000 3.79166667 0.00000000 1000.00000000 IV-A-5 0.00000000 0.00000000 3.79166661 0.00000000 1000.00000000 IV-A-6 0.00000000 0.00000000 3.79166665 0.00000000 1000.00000000 V-A 0.00000000 0.00000000 43.~~22869489~~87018343 0.00000000 ~~900~~821.~~99904877~~23315995 M-1 0.00000000 0.00000000 23.~~43076381~~01666667 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 3.~~11548595~~72500000 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 34.~~96131917~~60000000 0.00000000 1000.00000000 N 0.00000000 0.00000000 10.~~89569143~~61212071 0.00000000 ~~333~~76.~~65626929~~32751500 OT 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00000000 0.00000000 0.00000000 0.00000000 999.93625934 (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 4546,~~537~~574,~~491~~303.5800 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 5676,~~624~~608.0520 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 4546,~~594~~650,~~115~~911.6320 Withdrawals Reimbursement for Servicer Advances 4982,~~789~~737.8881 Payment of Service Fee ~~317~~281,~~237~~550.6430 Payment of Interest and Principal 4546,~~227~~286,~~088~~623.1109 Total Withdrawals (Pool Distribution Amount) 4546,~~594~~650,~~115~~911.6320 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~317~~281,~~237~~550.6430 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~317~~281,~~237~~550.6430

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance N_CLASS_RESERVE_FUND 25,~~110~~270.8037 0.00 3550.4645 25,~~146~~320.2682 CLASS_A_RESERVE_FUND 12,~~438~~589,~~395~~111.00 0.00 287,679.00 12,~~726~~876,~~074~~790.00

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 65 0 0 65 ~~999~~874,~~441~~042.4728 0.00 0.00 ~~999~~874,~~441~~042.4728 30 Days 1415 10 0 0 15 32,~~270~~987,~~826~~086.8104 ~~130,755~~0.9000 0.00 0.00 32,~~401~~987,~~582~~086.7104 60 Days 29 0 73 0 912 ~~721~~2,~~633~~168,690.1009 0.00 1339,~~927,033~~372.9611 0.00 2,~~648~~508,~~667~~062.0620 90 Days 04 0 1 0 15 0572,976.0077 0.00 ~~112~~245,~~101~~354.5088 0.00 ~~112~~818,~~101~~331.5065 120 Days 01 01 5 0 57 077,600.00 0117,390.0048 1,~~512~~515,~~839~~827.0300 0.00 1,~~512~~710,~~839~~817.0348 150 Days 32 0 34 0 6 ~~651~~341,~~113~~587.9319 0.00 1,~~166~~074,~~189~~464.6078 0.00 1,~~817~~416,~~303~~051.5397 180+ Days 02 0 19 0 111 0523,479.0062 0.00 ~~493~~2,~~571~~881,907.6151 0.00 ~~493~~3,~~571~~405,387.6113 Totals 1933 76 1722 0 4361 46,~~643~~671,~~573~~419.8471 1991,~~130,197~~432.3776 56,~~211~~056,~~735~~926.7028 0.00 1013,~~985~~719,~~506~~778.9175 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.~~133274~~124657% 0.000000% 0.000000% 0.~~133274~~124657% 0.~~083909~~082894% 0.000000% 0.000000% 0.~~083909~~082894% 30 Days 0.~~310973~~373972% 0.~~022212~~000000% 0.000000% 0.000000% 0.~~333185~~373972% 0.~~274606~~283294% 0.~~010978~~000000% 0.000000% 0.000000% 0.~~285584~~283294% 60 Days 0.~~044425~~224383% 0.000000% 0.~~155486~~074794% 0.000000% 0.~~199911~~299177% 0.~~060586~~205678% 0.000000% 0.~~161787~~032186% 0.000000% 0.~~222372~~237864% 90 Days 0.~~000000~~099726% 0.000000% 0.~~022212~~024931% 0.000000% 0.~~022212~~124657% 0.~~000000~~054341% 0.000000% 0.~~009412~~023269% 0.000000% 0.~~009412~~077610% 120 Days 0.~~000000~~024931% 0.~~000000~~024931% 0.~~111062~~124657% 0.000000% 0.~~111062~~174520% 0.~~000000~~007360% 0.~~000000~~011133% 0.~~127012~~143761% 0.000000% 0.~~127012~~162253% 150 Days 0.~~066637~~049863% 0.000000% 0.~~066637~~099726% 0.000000% 0.~~133274~~149589% 0.~~054665~~032396% 0.000000% 0.~~097909~~101902% 0.000000% 0.~~152574~~134298% 180+ Days 0.~~000000~~049863% 0.000000% 0.~~022212~~224383% 0.000000% 0.~~022212~~274246% 0.~~000000~~049647% 0.000000% 0.~~041438~~273319% 0.000000% 0.~~041438~~322966% Totals 0.~~422035~~822737% 0.~~155486~~149589% 0.~~377610~~548492% 0.000000% 01.~~955131~~520818% 0.~~389857~~632716% 0.~~094887~~094027% 0.~~437558~~574437% 0.000000% 01.~~922302~~301180%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 10 0 0 10 ~~134,966~~0.3000 0.00 0.00 ~~134,966~~0.3000 30 Days 81 0 0 0 81 2167,~~415,527~~718.8345 0.00 0.00 0.00 2167,~~415,527~~718.8345 60 Days 02 0 12 0 14 0494,428.0093 0.00 195,~~741~~181.1076 0.00 ~~195~~689,~~741~~610.1069 90 Days 02 0 0 0 02 0210,420.0024 0.00 0.00 0.00 0210,420.0024 120 Days 01 0 2 0 23 077,600.00 0.00 ~~718~~452,~~869~~401.3956 0.00 ~~718~~530,~~869~~001.3956 150 Days 1 0 03 0 14 ~~108~~211,~~405~~200.4400 0.00 0936,755.0028 0.00 ~~108~~1,~~405~~147,955.4428 180 Days 0 0 02 0 02 0.00 0.00 0716,271.0067 0.00 0716,271.0067 Totals 97 10 39 0 1316 21,~~523~~161,~~933~~367.2762 ~~134,966~~0.3000 ~~914~~2,300,610.4927 0.00 3,~~573~~461,~~510~~977.0689 0-29 Days 0.~~087108~~000000% 0.000000% 0.000000% 0.~~087108~~000000% 0.~~043635~~000000% 0.000000% 0.000000% 0.~~043635~~000000% 30 Days 0.~~696864~~106610% 0.000000% 0.000000% 0.000000% 0.~~696864~~106610% 0.~~780942~~068177% 0.000000% 0.000000% 0.000000% 0.~~780942~~068177% 60 Days 0.~~000000~~213220% 0.000000% 0.~~087108~~213220% 0.000000% 0.~~087108~~426439% 0.~~000000~~200984% 0.000000% 0.~~063283~~079341% 0.000000% 0.~~063283~~280325% 90 Days 0.~~000000~~213220% 0.000000% 0.000000% 0.000000% 0.~~000000~~213220% 0.~~000000~~085535% 0.000000% 0.000000% 0.000000% 0.~~000000~~085535% 120 Days 0.~~000000~~106610% 0.000000% 0.~~174216~~213220% 0.000000% 0.~~174216~~319829% 0.~~000000~~031544% 0.000000% 0.~~232411~~183900% 0.000000% 0.~~232411~~215444% 150 Days 0.~~087108~~106610% 0.000000% 0.~~000000~~319829% 0.000000% 0.~~087108~~426439% 0.~~035048~~085852% 0.000000% 0.~~000000~~380788% 0.000000% 0.~~035048~~466640% 180 Days 0.000000% 0.000000% 0.~~000000~~213220% 0.000000% 0.~~000000~~213220% 0.000000% 0.000000% 0.~~000000~~291162% 0.000000% 0.~~000000~~291162% Totals 0.~~783972~~746269% 0.~~087108~~000000% 0.~~261324~~959488% 0.000000% 1.~~132404~~705757% 0.~~815990~~472092% 0.~~043635~~000000% 0.~~295694~~935191% 0.000000% 1.~~155319~~407283% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 10 0 0 0 10 ~~132,023~~0.0200 0.00 0.00 0.00 ~~132,023~~0.0200 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 01 0 0 0 01 0117,350.00 0.00 0.00 0.00 0117,350.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 10 0 10 0.00 0.00 ~~642,093~~0.2200 0.00 ~~642,093~~0.2200 180 Days 0 0 01 0 01 0.00 0.00 0638,645.0081 0.00 0638,645.0081 Totals 1 0 1 0 2 ~~132~~117,~~023~~350.0200 0.00 ~~642~~638,~~093~~645.2281 0.00 ~~774~~755,~~116~~995.2481 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~189036~~000000% 0.000000% 0.000000% 0.000000% 0.~~189036~~000000% 0.~~075047~~000000% 0.000000% 0.000000% 0.000000% 0.~~075047~~000000% 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~~202840% 0.000000% 0.000000% 0.000000% 0.~~000000~~202840% 0.~~000000~~071647% 0.000000% 0.000000% 0.000000% 0.~~000000~~071647% 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.~~189036~~000000% 0.000000% 0.~~189036~~000000% 0.000000% 0.000000% 0.~~364990~~000000% 0.000000% 0.~~364990~~000000% 180 Days 0.000000% 0.000000% 0.~~000000~~202840% 0.000000% 0.~~000000~~202840% 0.000000% 0.000000% 0.~~000000~~389919% 0.000000% 0.~~000000~~389919% Totals 0.~~189036~~202840% 0.000000% 0.~~189036~~202840% 0.000000% 0.~~378072~~405680% 0.~~075047~~071647% 0.000000% 0.~~364990~~389919% 0.000000% 0.~~440037~~461565% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 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 20 0 0 20 ~~273,310~~0.2000 0.00 0.00 ~~273,310~~0.2000 30 Days 3 0 0 0 3 ~~565~~557,~~858~~507.0721 0.00 0.00 0.00 ~~565~~557,~~858~~507.0721 60 Days 01 0 1 0 12 0104,716.0026 0.00 ~~497~~144,~~353~~190.3135 0.00 ~~497~~248,~~353~~906.3161 90 Days 01 0 1 0 12 0245,206.0053 0.00 ~~112~~245,~~101~~354.5088 0.00 ~~112~~490,~~101~~561.5041 120 Days 0 0 12 0 12 0.00 0.00 ~~213~~848,~~939~~371.2816 0.00 ~~213~~848,~~939~~371.2816 150 Days 20 0 10 0 30 ~~542,708~~0.4900 0.00 ~~469,998~~0.8500 0.00 ~~1,012,707~~0.3400 180 Days 02 0 13 0 15 0523,479.0062 0.00 ~~493~~1,~~571~~098,062.6180 0.00 ~~493~~1,~~571~~621,542.6142 Totals 57 20 57 0 1214 1,~~108~~430,~~566~~909.5662 ~~273,310~~0.2000 12,~~786~~335,~~964~~979.5519 0.00 3,~~168~~766,~~841~~888.3181 0-29 Days 0.~~359066~~000000% 0.000000% 0.000000% 0.~~359066~~000000% 0.~~230088~~000000% 0.000000% 0.000000% 0.~~230088~~000000% 30 Days 0.~~538600~~610998% 0.000000% 0.000000% 0.000000% 0.~~538600~~610998% 0.~~476372~~536702% 0.000000% 0.000000% 0.000000% 0.~~476372~~536702% 60 Days 0.~~000000~~203666% 0.000000% 0.~~179533~~203666% 0.000000% 0.~~179533~~407332% 0.~~000000~~100808% 0.000000% 0.~~418700~~138809% 0.000000% 0.~~418700~~239618% 90 Days 0.~~000000~~203666% 0.000000% 0.~~179533~~203666% 0.000000% 0.~~179533~~407332% 0.~~000000~~236056% 0.000000% 0.~~094373~~236199% 0.000000% 0.~~094373~~472255% 120 Days 0.000000% 0.000000% 0.~~179533~~407332% 0.000000% 0.~~179533~~407332% 0.000000% 0.000000% 0.~~180106~~816712% 0.000000% 0.~~180106~~816712% 150 Days 0.~~359066~~000000% 0.000000% 0.~~179533~~000000% 0.000000% 0.~~538600~~000000% 0.~~456883~~000000% 0.000000% 0.~~395672~~000000% 0.000000% 0.~~852555~~000000% 180 Days 0.~~000000~~407332% 0.000000% 0.~~179533~~610998% 0.000000% 01.~~179533~~018330% 0.~~000000~~503944% 0.000000% 01.~~415517~~057085% 0.000000% 01.~~415517~~561030% Totals 01.~~897666~~425662% 0.~~359066~~000000% 01.~~897666~~425662% 0.000000% 2.~~154399~~851324% 01.~~933254~~377511% 0.~~230088~~000000% 12.~~504368~~248805% 0.000000% 23.~~667711~~626316% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group IV 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 13 0 0 13 ~~250~~557,~~465~~572.5994 0.00 0.00 ~~250~~557,~~465~~572.5994 30 Days 07 0 0 0 07 01,502,493.0018 0.00 0.00 0.00 01,502,493.0018 60 Days 25 0 40 0 65 ~~721~~1,~~633~~348,396.1043 0.00 ~~1,127,420~~0.6100 0.00 1,~~849~~348,~~053~~396.7143 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 01 01 0 02 0.00 0117,390.0048 0215,054.0028 0.00 0332,444.0076 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 212 1 4 1 0 717 ~~721~~2,~~633~~850,889.1061 ~~250~~674,~~465~~963.5942 1215,~~127,420~~054.6128 0.00 23,~~099~~740,~~519~~907.3031 0-29 Days 0.~~057405~~187149% 0.000000% 0.000000% 0.~~057405~~187149% 0.~~050082~~120944% 0.000000% 0.000000% 0.~~050082~~120944% 30 Days 0.~~000000~~436681% 0.000000% 0.000000% 0.000000% 0.~~000000~~436681% 0.~~000000~~325908% 0.000000% 0.000000% 0.000000% 0.~~000000~~325908% 60 Days 0.~~114811~~311915% 0.000000% 0.~~229621~~000000% 0.000000% 0.~~344432~~311915% 0.~~144295~~292483% 0.000000% 0.~~225435~~000000% 0.000000% 0.~~369729~~292483% 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~~062383% 0.~~000000~~062383% 0.000000% 0.~~000000~~124766% 0.000000% 0.~~000000~~025463% 0.~~000000~~046648% 0.000000% 0.~~000000~~072111% 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.~~114811~~748596% 0.~~057405~~249532% 0.~~229621~~062383% 0.000000% 01.~~401837~~060512% 0.~~144295~~618391% 0.~~050082~~146407% 0.~~225435~~046648% 0.000000% 0.~~419812~~811446% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group V 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 2 0 0 2 ~~340~~316,~~699~~469.3834 0.00 0.00 ~~340~~316,~~699~~469.3834 30 Days 24 10 0 0 34 ~~157~~759,~~417~~367.8920 ~~130,755~~0.9000 0.00 0.00 ~~288~~759,~~173~~367.7920 60 Days 1 0 0 1 0 1 221,148.47 0.00 0.00 ~~106,518.94~~ 0.00 ~~106~~221,~~518~~148.9447 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 20 0 20 0.00 0.00 ~~580,030~~0.3600 0.00 ~~580,030~~0.3600 150 Days 01 0 1 0 12 0130,387.0019 0.00 54137,~~097~~709.5350 0.00 54268,~~097~~096.5369 180 Days 0 0 03 0 03 0.00 0.00 0428,927.0023 0.00 0428,927.0023 Totals 6 2 3 4 0 912 ~~157~~1,~~417~~110,902.8986 ~~471~~316,~~455~~469.2834 ~~740~~566,~~646~~636.8373 0.00 1,~~369~~994,~~520~~008.0093 0-29 Days 0.~~380228~~411523% 0.000000% 0.000000% 0.~~380228~~411523% 0.~~391736~~396963% 0.000000% 0.000000% 0.~~391736~~396963% 30 Days 0.~~380228~~823045% 0.~~190114~~000000% 0.000000% 0.000000% 0.~~570342~~823045% 0.~~180999~~952510% 0.~~150343~~000000% 0.000000% 0.000000% 0.~~331342~~952510% 60 Days 0.~~000000~~205761% 0.000000% 0.~~190114~~000000% 0.000000% 0.~~190114~~205761% 0.~~000000~~277397% 0.000000% 0.~~122475~~000000% 0.000000% 0.~~122475~~277397% 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.~~380228~~000000% 0.000000% 0.~~380228~~000000% 0.000000% 0.000000% 0.~~666918~~000000% 0.000000% 0.~~666918~~000000% 150 Days 0.~~000000~~205761% 0.000000% 0.~~190114~~205761% 0.000000% 0.~~190114~~411523% 0.~~000000~~163551% 0.000000% 0.~~062201~~172736% 0.000000% 0.~~062201~~336286% 180 Days 0.000000% 0.000000% 0.~~000000~~617284% 0.000000% 0.~~000000~~617284% 0.000000% 0.000000% 0.~~000000~~538024% 0.000000% 0.~~000000~~538024% Totals 01.~~380228~~234568% 0.~~570342~~411523% 0.~~760456~~823045% 0.000000% 12.~~711027~~469136% 01.~~180999~~393458% 0.~~542079~~396963% 0.~~851595~~710759% 0.000000% 12.~~574673~~501180%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 5676,~~624~~608.0520

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~128629~~177243% Weighted Average Net Coupon 4.~~819476~~869046% Weighted Average Pass-Through Rate 4.~~819476~~869046% Weighted Average Maturity(Stepdown Calculation ) ~~351~~347 Beginning Scheduled Collateral Loan Count 4,~~640~~153 Number Of Loans Paid In Full ~~138~~142 Ending Scheduled Collateral Loan Count 4,~~502~~011 Beginning Scheduled Collateral Balance 1,~~231~~096,~~378~~248,~~412~~835.8048 Ending Scheduled Collateral Balance 1,~~191~~054,~~096~~410,~~823~~284.8762 Ending Actual Collateral Balance at 3129-~~Dec~~Apr-~~2004~~2005 1,~~191~~054,~~096~~410,~~823~~284.8762 Monthly P &I Constant 5,~~903~~312,~~136~~119.9662 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 055,907.0007 Scheduled Principal ~~640~~582,~~400~~497.7850 Unscheduled Principal 3941,~~641~~256,~~188~~053.1536 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 5,523,437.16 Overcollateralized Amount 5,523,437.16 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 1813,~~145,827~~994.2230

Group Level Collateral Statement Group Group I Group II Group III Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 45.~~932937~~198464 4.~~307724~~291024 5.~~734636~~711340 Weighted Average Net Rate 4.~~606628~~870929 43.~~014758~~998042 5.~~391512~~369388 Weighted Average Maturity ~~352~~348 ~~351~~347 ~~353~~349 Beginning Loan Count ~~1,220~~987 ~~538~~511 ~~577~~514 Loans Paid In Full 7249 918 2023 Ending Loan Count ~~1,148~~938 ~~529~~493 ~~557~~491 Beginning Scheduled Balance ~~330~~263,~~938~~470,~~762~~308.3929 ~~180~~169,~~019~~478,~~785~~123.7797 ~~123~~108,~~398~~554,~~332~~989.8681 Ending scheduled Balance ~~309~~246,~~309~~004,~~466~~313.5243 ~~175~~163,~~920~~789,~~633~~556.6261 ~~118~~103,~~785~~876,~~034~~466.9184 Record Date 1204/3129/~~2004~~2005 1204/3129/~~2004~~2005 1204/3129/~~2004~~2005 Principal And Interest Constant 1,~~481~~242,~~288~~342.9281 ~~709~~665,~~683~~157.4708 ~~693~~608,~~055~~855.2509 Scheduled Principal ~~120~~100,~~872~~975.3047 6359,~~453~~128.8722 ~~103~~92,~~351~~193.5300 Unscheduled Principal 2117,~~508~~365,~~423~~019.5739 45,~~035~~629,~~698~~439.2814 4,~~509~~586,~~946~~329.4297 Scheduled Interest 1,~~360~~141,~~416~~367.6234 ~~646~~606,~~229~~028.6086 ~~589~~516,~~703~~662.7209 Servicing Fees 8971,~~990~~913.2704 4341,~~949~~378.6537 3530,~~284~~933.1086 Master Servicing Fees 0.00 0.00 0.00 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 1,~~270~~069,~~426~~454.3530 ~~602~~564,~~279~~650.9549 ~~554~~485,~~419~~728.6223 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 055,907.0007 0.00 0.00 Percentage of Cumulative Losses 0.~~0000~~0135 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.~~606628~~870929 43.~~014758~~998042 5.~~391512~~369388

Group Level Collateral Statement Group Group IV Group V Total Collateral Description Mixed ARM Mixed Fixed Mixed ARM Weighted Average Coupon Rate 5.~~117696~~092652 6.~~740042~~724716 5.~~128629~~177243 Weighted Average Net Rate 4.~~811877~~787454 6.~~490042~~474716 4.~~819476~~869046 Weighted Average Maturity ~~352~~348 ~~333~~329 ~~351~~347 Beginning Loan Count 1,~~769~~645 ~~536~~496 4,~~640~~153 Loans Paid In Full 2742 10 ~~138~~142 Ending Loan Count 1,~~742~~603 ~~526~~486 4,~~502~~011 Beginning Scheduled Balance ~~508~~472,~~083~~915,~~333~~678.0704 8881,~~938~~829,~~198~~735.7137 1,~~231~~096,~~378~~248,~~412~~835.8048 Ending scheduled Balance ~~500~~461,~~109~~017,~~986~~220.3474 8679,~~971~~722,~~702~~727.4800 1,~~191~~054,~~096~~410,~~823~~284.8762 Record Date 1204/3129/~~2004~~2005 1204/3129/~~2004~~2005 1204/3129/~~2004~~2005 Principal And Interest Constant 2,~~418~~242,~~836~~233.4252 ~~600~~553,~~272~~531.9012 5,~~903~~312,~~136~~119.9662 Scheduled Principal ~~251~~235,~~989~~237.5183 ~~100~~94,~~733~~962.5798 ~~640~~582,~~400~~497.7850 Unscheduled Principal 711,~~721~~663,~~357~~219.2247 12,~~865~~012,~~762~~045.66 39 41,~~641~~256,~~188~~053.1536 Scheduled Interest 2,~~166~~006,~~846~~995.9169 ~~499~~458,~~539~~568.3314 54,~~262~~729,~~736~~622.1812 Servicing Fees ~~129~~120,~~484~~277.8317 1817,~~528~~047.7986 ~~317~~281,~~237~~550.6430 Master Servicing Fees 0.00 0.00 0.00 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 21,~~037~~886,~~362~~718.0852 ~~481~~441,~~010~~520.5428 4,~~945~~448,~~498~~071.5482 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 055,907.0007 Percentage of Cumulative Losses 0.0000 0.0000 0.~~0000~~0040 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.~~811877~~787454 6.~~490042~~474716 4.~~819476~~869046

Filing Compare · AMERICAN HOME MORTGAGE INVESTMENT TRUST 2004-2