8-K 1 cwa04bc5_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-BC5) (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/ Courtney Bartholomew ------------------------------ Name: Courtney Bartholomew Vice President 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 Servicing LP Asset Backed Certificates, Series 2004-BC5 ------------------------------------------------------------

~~DELAWARE~~Class ~~333~~Information Current Payment Information -~~118926~~--------------------------------------------------------------------------------------------------------------------------------- 95Beginning Pass Thru Principal Interest Total Principal Interest Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls -~~4596514~~--------------------------------------------------------------------------------------------------------------------------------- Senior A1 295,000,000.00 2.546800% 19,736,486.47 605,218.72 20,341,705.19 0.00 0.00 A2 252,467,000.00 2.686800% 0.00 546,431.16 546,431.16 0.00 0.00 A3 88,393,000.00 2.846800% 0.00 202,707.74 202,707.74 0.00 0.00 P 100.00 0.000000% 0.00 331,114.59 331,114.59 0.00 0.00 Residual AR 100.00 0.000000% 100.00 0.00 100.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate M1 26,256,000.00 2.936800% 0.00 62,115.28 62,115.28 0.00 0.00 M2 24,354,000.00 2.976800% 0.00 58,400.35 58,400.35 0.00 0.00 M3 13,699,000.00 3.016800% 0.00 33,291.31 33,291.31 0.00 0.00 M4 12,557,000.00 3.346800% 0.00 33,854.09 33,854.09 0.00 0.00 M5 13,318,000.00 3.416800% 0.00 36,656.76 36,656.76 0.00 0.00 M6 11,416,000.00 3.516800% 0.00 32,341.27 32,341.27 0.00 0.00 M7 8,372,000.00 4.016800% 0.00 27,089.75 27,089.75 0.00 0.00 M8 7,611,000.00 4.166800% 0.00 25,547.00 25,547.00 0.00 0.00 B 7,609,000.00 5.316800% 0.00 32,589.18 32,589.18 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- ~~(State~~Totals or- ~~Other~~- ~~Jurisdiction~~1,522,105,069.05 ~~(Commission~~- (I19,736,586.R47 2,027,357.S19 21,763,943.66 ~~Employer~~- of- ~~Incorporation)~~---------------------------------------------------------------------------------------------------------------------------------- ~~File~~Class ~~Number)~~Information ~~Identification~~-------------------------------------------------------------------------------- NoEnding Cert.) ~~4500~~Unpaid ~~Park~~Type ~~Granada~~Class ~~91302~~Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 275,263,513.53 0.00 A2 252,467,000.00 0.00 A3 88,393,000.00 0.00 P 100.00 0.00 Residual AR 0.00 0.00 -------------------------------------------------------------------------------- ~~Calabasas~~Subordinate M1 26,256,000.00 ~~California~~0.00 ~~(Zip~~M2 ~~Code)~~24,354,000.00 ~~(Address~~0.00 ofM3 ~~Principal~~13,699,000.00 ~~Executive~~0.00 ~~Offices)~~M4 12,557,000.00 0.00 M5 13,318,000.00 0.00 M6 11,416,000.00 0.00 M7 8,372,000.00 0.00 M8 7,611,000.00 0.00 B 7,609,000.00 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - 1,484,958,145.76 - --------------------------------------------------------------------------------

Payment Date: 01/25/05 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2004-BC5 ------------------------------------------------------------

~~Exhibit~~Class ~~Item~~Information ~~601~~Current Payment Information Factors per $1,000 ------------------------------------------------------------------------------------------------------------------------ Beginning Pass Thru CUSIP Principal Interest Ending Cert./ Type Class Code Name Cert. Bal.(aFace) ofRate ~~Sequentially~~Numbers ~~PAGE~~Dist. ~~Number~~Dist. ~~Regulation~~Notional SBal. -K----------------------------------------------------------------------------------------------------------------------- ~~Numbered~~------------------------------------------------------------------------------------------------------------------------ ~~Exhibit~~Senior NoA1 295,000,000.00 ~~Description~~2.546800% 126673PK2 66.903344 2.051589 933.096656 A2 252,467,000.00 2.686800% 126673PL0 0.000000 2.164367 1,000.000000 A3 88,393,000.00 2.846800% 126673PM8 0.000000 2.293256 1,000.000000 P 100.00 0.000000% 126673PY2 0.000000 3,311,145.900000 1,000.000000 Residual AR 100.00 0.000000% 126673PZ9 1,000.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate M1 26,256,000.00 2.936800% 126673PN6 0.000000 2.365756 1,000.000000 M2 24,354,000.00 2.976800% 126673PP1 0.000000 2.397978 1,000.000000 M3 13,699,000.00 3.016800% 126673PQ9 0.000000 2.430200 1,000.000000 M4 12,557,000.00 3.346800% 126673PR7 0.000000 2.696033 1,000.000000 M5 13,318,000.00 3.416800% 126673PS5 0.000000 2.752422 1,000.000000 M6 11,416,000.00 3.516800% 126673PT3 0.000000 2.832978 1,000.000000 M7 8,372,000.00 4.016800% ~~Pooling~~126673PU0 ~~and~~0.000000 ~~Servicing~~3.235756 ~~Agreement~~1,000.000000 6M8 7,611,000.00 4.166800% 126673PV8 0.000000 3.356589 1,000.000000 B 7,609,000.00 5.316800% 126673PW6 0.000000 4.282978 1,000.000000 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - 1,522,105,069.05 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2004-BC5 ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 743,642,432.23 743,642,432.23 Loan count 4642 4642 Avg loan rate 6.851517% 6.85 Prepay amount 16,246,378.66 16,246,378.66 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 302,864.53 302,864.53 Sub servicer fees 0.00 0.00 Trustee fees 5,707.90 5,707.90 Agg advances N/A N/A Adv this period 0.00 0.00 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 Cumulative losses 0.00 0.00 Coverage Amounts Total ---------------- ----- Bankruptcy 0.00 0.00 Fraud 15,221,055.38 15,221,055.38 Special Hazard 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 91.775075% 100.000000% 1,396,913,069.05 ----------------------------------------------------------------------------- Junior 8.224925% 0.000000% 125,192,000.00 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 0 0.00 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 0 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 21,763,943.66 21,763,943.66 Principal remittance amount 19,736,586.47 19,736,586.47 Interest remittance amount 2,027,357.19 2,027,357.19

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