8-K 1 cwa0402_8k0409.txt 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): September 25, 2004 CWA (Depositor) (Issuer in respect of Asset Backed Certificates, Series 2004-02) (Exact name of registrant as specified in charter) Delaware 33-63714 95-4449516 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) , , N/A 91110-7137 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (818)-304-4428 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Item 5. Other Events CWA Asset Backed Certificates Series 2004-02 On September 25, 2004, The Bank of New York, as Trustee for CWA, Asset Backed Certificates Series 2004-02, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of March 1, 2004, among CWA as Depositor, Countrywide Home Loans Servicing LP, Seller and Master Servicer and The Bank of New York, as Trustee. Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 99 Report to Holders of CWA, Asset Backed Certificates Series 2004-02 relating to the distribution date of September 25, 2004 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of March 1, 2004. SIGNATURES 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 thereunto duly authorized. Dated: September 25, 2004 CWA By: /s/ Courtney Bartholomew ------------------------------ Name: Courtney Bartholomew Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated September 25, 2004 Payment Date: 09/25/04 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2004-02 ------------------------------------------------------------

Payment Date: 09/25/04 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2004-02 ------------------------------------------------------------

------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2004-02 ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 1,048,880,697.83 494,802,002.86 682,535,775.48 Loan count 7096 2675 3744 Avg loan rate 7.411030% 7.206195% 7.218571% Prepay amount 33,832,698.98 15,435,092.63 24,737,558.29 Total ----- Prin balance 2,226,218,476.17 Loan count 13515 Avg loan rate 7.31 Prepay amount 74,005,349.90 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 427,629.68 203,430.00 274,112.40 Sub servicer fees 11,179.28 21,979.96 31,024.89 Trustee fees 8,127.81 3,830.31 5,310.09 Agg advances N/A N/A N/A Adv this period 360,188.85 143,974.68 198,837.57 Total ----- Master serv fees 905,172.08 Sub servicer fees 64,184.13 Trustee fees 17,268.21 Agg advances N/A Adv this period 703,001.10 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Realized losses 25,567.70 0.00 66,071.27 Cumulative losses 25,567.70 0.00 66,071.27 Total ----- Realized losses 91,638.97 Cumulative losses 91,638.97 Coverage Amounts ---------------- Bankruptcy 0.00 0.00 0.00 Fraud 23,680,002.00 11,320,000.00 15,600,000.00 Special Hazard 0.00 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 50,600,002.00 Special Hazard 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 81.616636% 100.000000% 1,853,353,068.11 ----------------------------------------------------------------------------- Junior 18.383364% 0.000000% 417,450,000.00 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 316 47,899,365.89 60 to 89 days 39 6,441,101.62 90 or more 11 1,409,392.93 Foreclosure 206 33,168,811.11 Totals: 572 88,918,671.55 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- REO INFORMATION -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 2,116,422.79 Current Total Outstanding Number of Loans: 14 -------------------------------------------------------------------------------- OTHER INFORMATION -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 90,447,397.08 90,447,397.08 Principal remittance amount 76,209,493.19 76,209,493.19 Interest remittance amount 14,237,903.89 14,237,903.89

CWABS INC ASSET-BACKED CERTIFICATES SERIES 2004-2 8-K