8-K 1 cwa04ab1_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 Securities, Series 2004-AB1) (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 Asset-Backed Securities, Series 2004-AB1 ------------------------------------------------------------

Class Information Current Payment Information ---------------------------------------------------------------------------------------------------------------------------------- Beginning Pass Thru Principal Interest Total Principal Interest Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls ---------------------------------------------------------------------------------------------------------------------------------- Senior 1A ~~616~~609,~~822~~576,~~741~~034.9294 2.~~490000~~727500% 76,~~246~~985,~~706~~785.9805 1,~~322~~339,~~570~~331.7668 8,~~569~~325,~~277~~116.7473 0.00 0.00 2A1 ~~172~~165,~~592~~242,~~013~~783.1838 2.~~360000~~597500% 7,~~349~~847,~~229~~633.8073 ~~350~~345,~~745~~759.3205 78,~~699~~193,~~975~~392.1278 0.00 0.00 2A2 330,512,000.00 2.~~540000~~777500% 0.00 ~~722~~739,~~903~~497.1965 ~~722~~739,~~903~~497.1965 0.00 0.00 2A3 89,805,000.00 2.~~700000~~937500% 0.00 ~~208~~212,~~796~~507.6332 ~~208~~212,~~796~~507.6332 0.00 0.00 C 1,~~320~~306,~~951~~355,~~755~~818.1032 0.000000% 0.00 3,~~489~~379,~~278~~539.4450 3,~~489~~379,~~278~~539.4450 0.00 0.00 P 100.00 0.000000% 0.00 ~~167~~229,~~730~~761.5126 ~~167~~229,~~730~~761.5126 0.00 0.00 Residual AR 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate M1 48,240,000.00 23.~~830000~~067500% 0.00 ~~117~~119,~~558~~203.2005 ~~117~~119,~~558~~203.2005 0.00 0.00 M2 22,780,000.00 3.~~230000~~467500% 0.00 63,~~360~~630.0455 63,~~360~~630.0455 0.00 0.00 M3 13,400,000.00 3.~~330000~~567500% 0.00 38,~~424~~509.5018 38,~~424~~509.5018 0.00 0.00 M4 13,400,000.00 3.~~530000~~767500% 0.00 40,~~732~~668.2807 40,~~732~~668.2807 0.00 0.00 B 13,400,000.00 4.~~080000~~317500% 0.00 4746,~~078~~605.6701 4746,~~078~~605.6701 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 1,~~505~~491,~~854~~258,~~855~~918.1032 - 14,~~595~~833,~~936~~418.78 6,~~569~~555,~~178~~012.5332 21,~~165~~388,~~115~~431.3110 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1A ~~609~~602,~~576~~590,~~034~~249.9489 0.00 2A1 ~~165~~157,~~242~~395,~~783~~149.3865 0.00 2A2 330,512,000.00 0.00 2A3 89,805,000.00 0.00 C 1,~~306~~291,~~355~~522,~~818~~399.3254 0.00 P 100.00 0.00 Residual AR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate M1 48,240,000.00 0.00 M2 22,780,000.00 0.00 M3 13,400,000.00 0.00 M4 13,400,000.00 0.00 B 13,400,000.00 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - 1,~~491~~476,~~258~~425,~~918~~499.3254 - --------------------------------------------------------------------------------

Payment Date: 01/25/05 ------------------------------------------------------------ Countrywide Home Loans Asset-Backed Securities, Series 2004-AB1 ------------------------------------------------------------

Class Information Current Payment Information Factors per $1,000 ------------------------------------------------------------------------------------------------------------------------ Beginning Pass Thru CUSIP Principal Interest Ending Cert./ Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal. ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Senior 1A ~~616~~609,~~822~~576,~~741~~034.9294 2.~~490000~~727500% 126673HD7 11.~~621507~~203068 2.~~121000~~147879 ~~977~~966.~~573986~~370918 2A1 ~~172~~165,~~592~~242,~~013~~783.1838 2.~~360000~~597500% 126673HE5 3942.~~746406~~441895 1.~~896915~~869948 ~~893~~851.~~672809~~230914 2A2 330,512,000.00 2.~~540000~~777500% 126673HF2 0.000000 2.~~187222~~237431 1,000.000000 2A3 89,805,000.00 2.~~700000~~937500% 126673HG0 0.000000 2.~~325000~~366319 1,000.000000 C 1,~~320~~306,~~951~~355,~~755~~818.1032 0.000000% 126673HN5 0.000000 2.~~603939~~522044 ~~974~~963.~~892402~~822686 P 100.00 0.000000% 126673HP0 0.000000 12,~~677~~297,~~305~~612.~~100000~~600000 1,000.000000 Residual AR 0.00 0.000000% 126673HQ8 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate M1 48,240,000.00 23.~~830000~~067500% 126673HH8 0.000000 2.~~436944~~471042 1,000.000000 M2 22,780,000.00 3.~~230000~~467500% 126673HJ4 0.000000 2.~~781389~~793264 1,000.000000 M3 13,400,000.00 3.~~330000~~567500% 126673HK1 0.000000 2.~~867500~~873819 1,000.000000 M4 13,400,000.00 3.~~530000~~767500% 126673HL9 0.000000 3.~~039722~~034931 1,000.000000 B 13,400,000.00 4.~~080000~~317500% 126673HM7 0.000000 3.~~513333~~477986 1,000.000000 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - 1,~~505~~491,~~854~~258,~~855~~918.1032 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ Countrywide Home Loans Asset-Backed Securities, Series 2004-AB1 ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 659,030,126.07 632,492,273.47 1,291,522,399.54 Loan count 3361 2342 5703 Avg loan rate 6.632341% 6.614488% 6.62 Prepay amount 6,915,926.05 7,804,395.54 14,720,321.59 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 270,487.41 259,500.18 529,987.58 Sub servicer fees 0.00 0.00 0.00 Trustee fees 4,995.12 4,802.55 9,797.67 Agg advances N/A N/A N/A Adv this period 42,357.32 49,029.96 91,387.28 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Coverage Amounts Total ---------------- ----- Bankruptcy 0.00 0.00 0.00 Fraud 13,599,997.52 13,200,002.48 26,800,000.00 Special Hazard 0.00 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 92.541872% 100.000000% 1,380,038,918.32 ----------------------------------------------------------------------------- Junior 7.458128% 0.000000% 111,220,000.00 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 41 8,665,898.29 60 to 89 days 14 2,305,628.09 90 or more 1 118,392.58 Foreclosure 17 3,274,001.66 Totals: 73 14,363,920.62 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 21,388,431.10 21,388,431.10 Principal remittance amount 14,833,418.78 14,833,418.78 Interest remittance amount 6,555,012.32 6,555,012.32

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