8-K 1 cwa0407_8k0501.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): January 25, 2005 CWA (Depositor) (Issuer in respect of Asset Backed Certificates, Series 2004-07) (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) 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. []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)) Section 8 - Other Events Item 8.01 Other Events Section 9 - Financial Statements and Exhibits Item 9.01 Financial Statements and Exhibits 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: January 25, 2005 CWA By: /s/ Maria Tokarz ------------------------------ Name: Maria Tokarz Assistant Treasurer The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated January 25, 2005 Payment Date: 01/25/05 ------------------------------------------------------------ Countrywide Home Loans Asset Backed Certificates, Series 2004-07 ------------------------------------------------------------

Payment Date: 01/25/05 ------------------------------------------------------------ Countrywide Home Loans Asset Backed Certificates, Series 2004-07 ------------------------------------------------------------

------------------------------------------------------------ Countrywide Home Loans Asset Backed Certificates, Series 2004-07 ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 619,827,054.44 954,540,126.39 815,002,088.88 Loan count 3467 5730 4263 Avg loan rate 7.007681% 7.227361% 7.326931% Prepay amount 6,411,930.90 14,249,503.30 15,058,201.88 Total ----- Prin balance 2,389,369,269.71 Loan count 13460 Avg loan rate 7.20 Prepay amount 35,719,636.08 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 257,612.18 393,831.76 335,490.76 Sub servicer fees 0.00 0.00 0.00 Trustee fees 4,701.88 7,270.99 6,229.03 Agg advances N/A N/A N/A Adv this period 44,315.04 209,519.65 202,567.31 Total ----- Master serv fees 986,934.71 Sub servicer fees 0.00 Trustee fees 18,201.90 Agg advances N/A Adv this period 456,402.00 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- 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 12,800,096.15 20,000,000.00 17,200,000.00 Special Hazard 0.00 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 50,000,096.15 Special Hazard 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 83.180499% 100.000000% 2,015,183,962.00 ----------------------------------------------------------------------------- Junior 16.819501% 0.000000% 407,480,000.00 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 242 41,084,354.67 60 to 89 days 41 7,236,040.17 90 or more 11 1,841,288.50 Foreclosure 80 12,669,695.71 Totals: 374 62,831,379.05 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 51,590,084.33 51,590,084.33 Principal remittance amount 44,876,913.87 44,876,913.87 Interest remittance amount 6,713,170.47 6,713,170.47

CWABS INC ASSET BACKED CERTIFICATES SERIES 2004-7 8-K