8-K 1 bv0401_8k0411.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): November 20, 2004 BVMBS (Depositor) (Issuer in respect of Mortgage Pass-Through Certificates, Series 2004-1) (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 BVMBS Mortgage Pass-Through Certificates Series 2004-1 On November 20, 2004, The Bank of New York, as Trustee for BVMBS, Mortgage Pass-Through Certificates Series 2004-1, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of October 1, 2004, among BVMBS as Depositor, BELLA VISTA MORTGAGE TRUST, 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 BVMBS, Mortgage Pass-Through Certificates Series 2004-1 relating to the distribution date of November 20, 2004 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of October 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: November 20, 2004 BVMBS By: /s/ AnnMarie Cassano ------------------------------ Name: AnnMarie Cassano Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated November 20, 2004 Payment Date: 11/20/04 ------------------------------------------------------------ BELLA VISTA MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2004-1 ------------------------------------------------------------

Payment Date: 11/20/04 ------------------------------------------------------------ BELLA VISTA MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2004-1 ------------------------------------------------------------

------------------------------------------------------------ BELLA VISTA MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2004-1 ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 266,979,219.84 68,561,971.33 72,096,918.11 Loan count 798 290 363 Avg loan rate 3.819500% 5.130555% 5.510162% Prepay amount 1,402,802.36 200,661.40 117,870.98 Prin balance 139,927,627.59 37,219,501.64 18,042,584.18 Loan count 288 96 46 Avg loan rate 5.474871% 5.478006% 5.519472% Prepay amount 2,855,907.32 604,158.99 2,493.12 Total ----- Prin balance 602,827,822.69 Loan count 1881 Avg loan rate 4.71 Prepay amount 5,183,894.17 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 78,918.09 14,024.65 15,122.83 Sub servicer fees 1,605.52 0.00 0.00 Trustee fees 2,013.04 515.76 541.71 Agg advances N/A N/A N/A Adv this period 6,995.13 10,428.24 6,756.18 Master serv fees 25,605.15 7,119.00 3,760.17 Sub servicer fees 0.00 0.00 0.00 Trustee fees 1,071.16 283.82 135.37 Agg advances N/A N/A N/A Adv this period 8,523.09 947.88 0.00 Total ----- Master serv fees 144,549.89 Sub servicer fees 1,605.52 Trustee fees 4,560.84 Agg advances N/A Adv this period 33,650.52 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Total ----- Realized losses 0.00 Cumulative losses 0.00 Coverage Amounts ---------------- Bankruptcy 0.00 0.00 0.00 Fraud 5,368,098.49 687,673.39 722,279.99 Special Hazard 3,397,076.00 0.00 0.00 Bankruptcy 0.00 0.00 0.00 Fraud 1,428,210.53 378,424.42 180,488.15 Special Hazard 0.00 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 8,765,174.97 Special Hazard 3,397,076.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 94.505045% 100.000000% 574,692,100.00 ----------------------------------------------------------------------------- Junior 5.494955% 0.000000% 33,415,221.05 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 27 7,695,724.72 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 27 7,695,724.72 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 Totals: 0 N/A Current Total Outstanding Balance: 0.00 Current Total Outstanding Number of Loans: 0 -------------------------------------------------------------------------------- OTHER INFORMATION -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 7,515,585.15 7,515,585.15 Principal remittance amount 5,284,749.52 5,284,749.52 Interest remittance amount 2,230,835.63 2,230,835.63

BellaVista Mortgage Trust 2004-1 8-K