UNITED STATES
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) December 27, 2004

Bear Stearns Asset Backed Securities I LLC
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction
of incorporation)

333-113636
(Commission
File Number)

20-0842986
(IRS Employer
Identification No.)

383 Madison Avenue, New York, New York
(Address of principal executive offices)

10179
(Zip Code)

Registrant's telephone number, including area code 212-272-2000

(Former name or former address, 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 (see General Instruction A.2. below):

[ ] 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.

This current report on Form 8-K relates to the monthly distribution reported to the holders of Bear Stearns Asset Backed Securities I Trust 2004-HE8 Asset-Backed Certificates, Series 2004-HE8, which was made on December 27, 2004.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

99.1 Monthly distribution report pursuant to section 5.05 of the Pooling and Servicing Agreement for the distribution on December 27, 2004.

(Exhibit No. Description)

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 hereunto duly authorized.

LASALLE BANK NATIONAL ASSOCIATION, IN ITS CAPACITY AS TRUSTEE UNDER THE POOLING AND SERVICING AGREEMENT ON BEHALF OF BEAR STEARNS ASSET BACKED SECURITIES I LLC, REGISTRANT

By: /s/ Russell Goldenberg
Russell Goldenberg
Group Senior Vice President

Date: December 29, 2004

Bear Stearns Asset Backed Securities Trust

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Reporting Package Table of Contents

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Administrator:
Peter Sablich 312.904.8162
peter.sablich@abnamro.com

Analyst:
Julie Kang 714.259.6208
julie.kang@abnamro.com

Statement Date:

135 S. LaSalle Street, Suite 1625
Chicago, IL 60603
USA

Statements to Certificateholders
Cash Reconciliation Summary
Bond Interest Reconciliation
Bond Principal Reconciliation

Shortfall Summary Report

Rating Information
Asset-Backed Facts ~ 15 Month Loan Status Summary Part I

Asset-Backed Facts ~ 15 Month Loan Status Summary Part II
Asset-Backed Facts ~ 15 Month Loan Payoff/Loss Summary
Realized Loss Detail

Page 2-5
Page 6-10
Page 11
Page 12

Page 13

Page 14
Page 15-19

Page 20-24
Page 25-29

Page 30

Page(s)

Information is available for this issue from the following sources

Issue Id:

Monthly Data File
Name:

BS004HE8

BS004HE8_200412_3.ZIP

Closing Date:

First Payment Date:

Rated Final Payment: Date:

30-Sep-04
25-Oct-04

25-Sep-34

Parties to The Transaction

Depositor: Bear Stearns & Co. Inc.

Underwriter: Bear Stearns & Co. Inc.

Master Servicer: EMC Mortgage Corporation

Rating Agency: Standard & Poor's Ratings Services/Moody's Investors Service, Inc./Fitch, Inc.

800.246.5761

LaSalle Factor Line

LaSalle Web Site

Servicer Web Site

www.emcmortgagecorp.com

www.etrustee.net

Page 1 of 30

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:
Current Index:
Next Index:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

7.323351%

2.180000%
2.417500%

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Bear Stearns Asset Backed Securities Trust

Asset-Backed Certificates

Series 2004-HE8

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

346

REMIC II

Statement Date:

ABN AMRO Acct: 722071.3

955.647625124

38.562184913

0.000000000

917.085440211

2.106672111

2.797500000%

0.00

0.000000000

2.56000000%

0.000000000

073879HD3

265,736,000.00

253,949,977.31

10,247,360.77

0.00

243,702,616.54

559,818.62

1000.000000000

0.000000000

1000.000000000

2.436944362

3.067500000%

0.00

0.000000000

2.83000000%

0.000000000

073879HE1

M-1

20,274,000.00

0.00

20,274,000.00

49,406.61

1000.000000000

0.000000000

1000.000000000

2.910555335

3.617500000%

0.00

0.000000000

3.38000000%

0.000000000

073879HF8

M-2

17,593,000.00

0.00

17,593,000.00

51,205.40

1000.000000000

0.000000000

1000.000000000

3.082777557

3.817500000%

0.00

0.000000000

3.58000000%

0.000000000

073879HG6

M-3

5,026,000.00

0.00

5,026,000.00

15,494.04

1000.000000000

0.000000000

1000.000000000

3.384167555

4.167500000%

0.00

0.000000000

3.93000000%

0.000000000

073879HH4

M-4

4,691,000.00

0.00

4,691,000.00

15,875.13

1000.000000000

0.000000000

1000.000000000

3.513332538

4.317500000%

0.00

0.000000000

4.08000000%

0.000000000

073879HJ0

M-5

4,189,000.00

0.00

4,189,000.00

14,717.35

1000.000000000

0.000000000

1000.000000000

4.891109551

5.917500000%

0.00

0.000000000

5.68000000%

0.000000000

073879HK7

M-6

2,848,000.00

0.00

2,848,000.00

13,929.88

1000.000000000

0.000000000

1000.000000000

5.321667288

6.417500000%

0.00

0.000000000

6.18000000%

0.000000000

073879HL5

M-7A

2,681,000.00

0.00

2,681,000.00

14,267.39

1000.000000000

0.000000000

1000.000000000

5.321667288

6.417500000%

0.00

0.000000000

6.18000000%

0.000000000

073879HW1

M-7B

2,681,000.00

0.00

2,681,000.00

14,267.39

1000.000000000

0.000000000

1000.000000000

115.950831606

0.00

1,087,979.20

115.950831606

N/A

0.000000000

9,383,108.21

0.00

9,383,108.21

1,087,979.20

1000.000000000

0.000000000

1000.000000000

1625136.200000000

0.00

162,513.62

1625136.200000000

N/A

0.000000000

100.00

0.00

100.00

162,513.62

0.000000000

0.00

0.000000000

N/A

0.000000000

073879HP6

R-I

0.00

0.000000000

0.00

0.000000000

N/A

0.000000000

073879HQ4

R-II

0.00

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSS360

R-III

0.00

Page 2 of 30

Notes: (1) N denotes notional balance not included in total (2) Accrued Interest Plus/Minus Interest Adjustment Minus Deferred Interest equals Interest Payment (3) Estimated. * Denotes Controlling Class

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:
Current Index:
Next Index:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

7.323351%

2.180000%
2.417500%

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Bear Stearns Asset Backed Securities Trust

Asset-Backed Certificates

Series 2004-HE8

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

346

REMIC II

Statement Date:

ABN AMRO Acct: 722071.3

Total P&I Payment

0.00

1,250,492.82

335,102,208.21

323,316,185.52

12,246,835.40

Total

313,068,824.75

10,247,360.77

0.00

1,999,474.63

Page 3 of 30

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:
Current Index:
Next Index:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

7.323351%

2.180000%
2.417500%

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Bear Stearns Asset Backed Securities Trust

Asset-Backed Certificates

Series 2004-HE8

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

346

REMIC III

Statement Date:

ABN AMRO Acct: 722071.3

1000.000000000

0.000000000

1000.000000000

115.950831606

0.00

1,087,979.20

115.950831606

N/A

0.000000000

073879HN1

9,383,108.21

0.00

9,383,108.21

1,087,979.20

Total P&I Payment

0.00

1,087,979.20

9,383,108.21

1,087,979.20

Total

9,383,108.21

0.00

1,087,979.20

Page 4 of 30

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:
Current Index:
Next Index:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

7.323351%

2.180000%
2.417500%

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Bear Stearns Asset Backed Securities Trust

Asset-Backed Certificates

Series 2004-HE8

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

346

REMIC IV

Statement Date:

ABN AMRO Acct: 722071.3

1000.000000000

0.000000000

1000.000000000

1625136.200000000

0.00

162,513.62

1625136.200000000

N/A

0.000000000

073879HM3

100.00

0.00

100.00

162,513.62

0.000000000

0.00

0.000000000

N/A

0.000000000

073879HR2

R-X

0.00

Total P&I Payment

0.00

162,513.62

100.00

162,513.62

Total

100.00

0.00

162,513.62

Page 5 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Statement Date:

Cash Reconciliation Summary

Interest Summary

Total Trustee Fees

Available Interest

1,999,474.64

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

217,748.17

24,903.35

10,004,709.25

0.00
0.00
0.00

12,248,290.33

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

323,316,085.55

217,748.17

10,029,612.60

0.00
0.00
0.00

313,068,724.78

2,171

0
0

2,110

127,851.77

Extra Principal

Trigger Event

0.00

10,247,360.77

Over Collateralization Amt

9,383,108.24

Less Extra Principal

Remittance Interest

0.00

1,999,474.64

0.00

10,029,612.60

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(1,454.92

2,000,929.56

Total Fees

129,306.69

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.81

0.00

1,454.92

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 6 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Statement Date:

Cash Reconciliation Summary Fixed 1st Lien

Interest Summary

Total Trustee Fees

Available Interest

323,392.04

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

60,911.61

12,663.61

254,664.96

0.00
0.00
0.00

651,897.57

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

58,967,226.54

60,911.61

267,328.57

0.00
0.00
0.00

58,638,986.36

374

0
0

371

24,558.43

Extra Principal

Trigger Event

0.00

328,240.18

Over Collateralization Amt

9,383,108.24

Remittance Interest

323,392.04

0.00

267,328.57

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(265.35

323,657.39

Total Fees

24,823.78

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.81

0.00

265.35

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 7 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Statement Date:

Cash Reconciliation Summary Fixed 2nd Lien

Interest Summary

Total Trustee Fees

Available Interest

85,383.30

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

6,486.89

3,369.26

475,305.20

0.00
0.00
0.00

570,589.70

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

10,010,335.14

6,486.89

478,674.46

0.00
0.00
0.00

9,525,173.79

253

0
0

243

3,447.35

Extra Principal

Trigger Event

0.00

485,161.35

Over Collateralization Amt

9,383,108.24

Remittance Interest

85,383.30

0.00

478,674.46

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(45.05

85,428.35

Total Fees

3,492.39

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.81

0.00

45.05

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 8 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Statement Date:

Cash Reconciliation Summary ARM - 228

Interest Summary

Total Trustee Fees

Available Interest

1,080,067.99

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

113,288.26

5,157.69

6,872,145.14

0.00
0.00
0.00

8,071,522.74

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

191,923,220.46

113,288.26

6,877,302.83

0.00
0.00
0.00

184,932,629.37

1,149

0
0

1,116

75,487.74

Extra Principal

Trigger Event

0.00

6,990,591.09

Over Collateralization Amt

9,383,108.24

Remittance Interest

1,080,067.99

0.00

6,877,302.83

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(863.65

1,080,931.65

Total Fees

76,351.40

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.81

0.00

863.65

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 9 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Statement Date:

Cash Reconciliation Summary ARM - 327

Interest Summary

Total Trustee Fees

Available Interest

348,117.68

Fee Summary

Total Servicing Fees

Principal Summary

Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds

Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

37,061.41

3,712.79

2,402,593.95

0.00
0.00
0.00

2,791,766.70

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution

Unscheduled Principal
Distribution

Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance/Amount

Count

62,415,303.41

37,061.41

2,406,306.74

0.00
0.00
0.00

59,971,935.26

395

0
0

380

24,358.25

Extra Principal

Trigger Event

0.00

2,443,368.15

Over Collateralization Amt

9,383,108.24

Remittance Interest

348,117.68

0.00

2,406,306.74

Less Mod Losses

Interest Due Trust

Total Trustee Fees

)

(280.87

348,398.55

Total Fees

24,639.12

Insurance Premium

Reimbursement Amt

Class II-A Policy - Interest
Class II-A Policy - Principal
Other

Total Reimbursement Amt

Rolling 3-Month Delinquency

0.81

0.00

280.87

LPMI Fees

0.00

0.00
0.00
0.00

0.00

Page 10 of 30

Bear Stearns Asset Backed Securities Trust

Class

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Bond Interest Reconciliation

Additions

Accrual

Method Days

Statement Date:

Accrued

Certificate

Interest

Deposits
from YM

Agreement

Prior

Int Carry-Fwd

Shortfall

Prior

Shortfall

Reimbursement

Other

Interest

Proceeds

Other

Interest

Losses

Current

Int Carry-Fwd

Shortfall

Current Basis

Risk Carry-Fwd

Shortfall

Remaining

Int Carry-Fwd

Shortfall

Remaining Basis

Risk Carry-Fwd

Shortfall

Net Cap Rate

in Effect

Y/N

Distributable

Certificate

Interest

Payment

Amount

Deductions

Outstanding

0.00

559,818.62

Act/360

0.00

559,818.62

0.00

1,087,979.20

30/360

0.00

1,087,979.20

0.00

M-1

49,406.61

Act/360

0.00

49,406.61

0.00

M-2

51,205.40

Act/360

0.00

51,205.40

0.00

M-3

15,494.04

Act/360

0.00

15,494.04

0.00

M-4

15,875.13

Act/360

0.00

15,875.13

0.00

M-5

14,717.35

Act/360

0.00

14,717.35

0.00

M-6

13,929.88

Act/360

0.00

13,929.88

0.00

M-7A

14,267.39

Act/360

0.00

14,267.39

0.00

M-7B

14,267.39

Act/360

0.00

14,267.39

0.00

162,513.62

30/360

0.00

1,087,979.20

0.00

748,981.81

1,999,474.63

0.00

(2) Interest Carry-Forward Shortfall is unpaid interest with interest thereon
(3) Basis Risk Carry-Forward Shortfall - difference between LIBOR plus margin and the Net Rate Cap.

Page 11 of 30

(1) Other Interest Proceeds are additional interest amounts specifically allocated to the bond(s) and used in determining the bonds Distributable Interest.

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Bond Principal Reconciliation

Credit Support

Original

Current(4)

ABN AMRO

LaSalle Bank

N.A.

Statement Date:

Beginning

Class Balance

Unscheduled

Principal

Payment

Extra

Principal

Payment Amt

Prior

Loss

Reimburs.

Rated

Final

Maturity

Class

Current

Losses

Original

Class Balance

Scheduled

Principal

Payment

Ending

Class Balance

Cumulative

Losses

Interest on

Losses

Additions

Losses

18.42%

19.75%

9/25/2034

243,702,616.54

0.00

253,949,977.31

265,736,000.00

217,748.17

0.00

10,029,612.60

M-1

12.19%

13.08%

9/25/2034

20,274,000.00

0.00

20,274,000.00

0.00

M-2

6.79%

7.28%

9/25/2034

17,593,000.00

0.00

17,593,000.00

0.00

M-3

5.25%

5.63%

9/25/2034

5,026,000.00

0.00

5,026,000.00

0.00

M-4

3.81%

4.08%

9/25/2034

4,691,000.00

0.00

4,691,000.00

0.00

M-5

2.52%

2.70%

9/25/2034

4,189,000.00

0.00

4,189,000.00

0.00

M-6

1.65%

1.77%

9/25/2034

2,848,000.00

0.00

2,848,000.00

0.00

M-7A

0.82%

0.88%

9/25/2034

2,681,000.00

0.00

2,681,000.00

0.00

M-7B

0.00%

9/25/2034

2,681,000.00

0.00

2,681,000.00

0.00

9/25/2034

9,383,108.21

0.00

9,383,108.21

0.00

9/25/2034

100.00

0.00

100.00

0.00

323,316,185.52

0.00

9/25/2034

0.00

217,748.17

0.00

10,029,612.60

0.00

335,102,208.21

313,068,824.75

Page 12 of 30

(1) Extra Principal Amounts: the lessor of (i) the excess, if any, of the overcollateralization Target Amount over the Overcollateralization Amount.

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Interest Adjustments Summary

Statement Date:

0.00

Special Servicing Fees

Workout Fees

Liquidation Fees

Legal Fees

0.00

Misc. Fees & Expenses Paid by/to Servicer

Interest Paid to Servicer on Outstanding Advances

0.00

ASER Interest Advance Reduction

Interest Not Advanced (Current Period)

Recoup of Prior Advances by Servicer

0.00

Servicing Fees Paid Servicer on Loans Not Advanced

Misc. Fees & Expenses Paid by Trust

0.00

Shortfall Due to Rate Modification

Total Shortfall Allocated to the Bonds

Total Interest Adjustment to the Bonds

0.00

Shortfall Allocated to the Bonds:

Excess Allocated to the Bonds:

Other Interest Proceeds Due the Bonds

Yield Maintenance Penalties Due the Bonds

Prepayment Penalties Due the Bonds

Recovered ASER Interest Due the Bonds

Recovered Interest Due the Bonds

Less Total Shortfall Allocated to the Bonds

Total Excess Allocated to the Bonds

162,513.62

162,513.62

Total Excess Allocated to the Bonds

162,513.62

0.00

Aggregate Interest Adjustment Allocated to the Bonds

0.00

162,513.62

0.00

Prepayment Interest Excess Due the Bonds

0.00

ARD Excess Interest

0.00

Net Prepayment Int. Shortfalls Allocated to the Bonds

Other Interest Loss

Page 13 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Rating Information

Class

CUSIP

Fitch

Moody's

S&P

Fitch

Moody's

S&P

Original Ratings

Rating Change/Change Date(1)

Statement Date:

R-I

073879HP6

073879HD3

Aaa

AAA

M-1

073879HE1

Aa2

AA+

M-2

073879HF8

M-3

073879HG6

A+

M-4

073879HH4

Baa1

M-5

073879HJ0

Baa2

A-

M-6

073879HK7

Baa3

BBB+

M-7A

073879HL5

Ba2

BBB-

M-7B

073879HW1

Ba2

BBB-

R-II

073879HQ4

073879HN1

R-III

9ABSS360

073879HM3

R-X

073879HR2

Page 14 of 30

NR - Designates that the class was not rated by the rating agency.

(1) Changed ratings provided on this report are based on information provided by the applicable rating agency via electronic transmission. It shall be
understood that this transmission will generally have been provided to LaSalle within 30 days of the payment date listed on this statement. Because ratings may have
changed during the 30 day window, or may not be being provided by the rating agency in an electronic format and therefore not being updated on
this report, LaSalle recommends that investors obtain current rating information directly from the rating agency.

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

3.51%

3.78%

0.62%

0.65%

0.38%

746,614

0.24%

0.33%

0.00%

27-Dec-04

11,832,411

2,041,836

1,042,767

2,008

297,405,096

95.17%

95.00%

2.53%

2.48%

0.78%

0.61%

0.00%

0.09%

0.14%

0.00%

26-Nov-04

8,017,277

1,971,909

466,189

2,097

312,860,710

96.59%

96.77%

2.13%

2.02%

0.14%

0.15%

0.00%

25-Oct-04

6,693,963

498,287

2,155

323,545,505

97.73%

97.83%

Page 15 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Fixed 1st Lien

1.35%

1.27%

0.54%

0.46%

0.54%

221,003

0.38%

0.27%

0.16%

0.00%

27-Dec-04

742,025

268,864

93,898

361

57,313,197

97.30%

97.74%

0.80%

1.03%

0.53%

0.43%

0.00%

26-Nov-04

607,563

253,342

369

58,106,322

98.66%

98.54%

1.06%

1.02%

0.00%

25-Oct-04

606,017

372

58,905,118

98.94%

98.98%

Page 16 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

Fixed 2nd Lien

2.88%

3.31%

0.41%

0.21%

1.65%

175,006

1.84%

0.00%

27-Dec-04

315,270

20,388

231

9,014,510

95.06%

94.64%

1.58%

1.57%

2.37%

2.90%

0.00%

26-Nov-04

157,135

290,379

243

9,562,821

96.05%

95.53%

3.53%

3.87%

0.39%

0.32%

0.00%

25-Oct-04

391,180

32,148

245

9,688,013

96.08%

95.81%

Page 17 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

ARM - 228

4.03%

4.51%

0.81%

0.92%

0.18%

350,606

0.19%

0.36%

0.26%

0.00%

27-Dec-04

8,343,415

1,700,611

483,048

1,056

174,054,950

94.62%

94.12%

3.39%

3.15%

0.78%

0.74%

0.00%

26-Nov-04

6,052,890

1,428,189

1,101

184,442,142

95.82%

96.10%

2.23%

2.35%

0.09%

0.07%

0.00%

25-Oct-04

4,605,579

130,400

1,139

191,203,258

97.68%

97.58%

Page 18 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I

Distribution

Date

REO

Balance

Statement Date:

Foreclosure

Delinq 3+ Months

Delinq 2 Months

Delinq 1 Month

Current

Balance

Delinquency Aging Categories

ARM - 327

4.47%

4.05%

0.26%

0.09%

0.00%

0.53%

0.78%

0.00%

27-Dec-04

2,431,701

51,974

465,821

360

57,022,440

94.74%

95.08%

2.28%

1.92%

0.00%

0.51%

0.75%

0.00%

26-Nov-04

1,199,689

466,189

384

60,749,425

97.22%

97.33%

1.96%

1.67%

0.25%

0.52%

0.00%

25-Oct-04

1,091,188

335,739

399

63,749,117

97.79%

97.81%

Page 19 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Dec-04

1,042,767

0.00%

0.33%

0.00%

0.00% 0.00%

0.00%

0.05%

168,650

0.00%

26-Nov-04

466,189

0.00%

0.09%

0.14%

0.00%

0.00% 0.00%

0.00%

0.09%

0.12%

390,830

0.00%

25-Oct-04

0.00%

0.00% 0.00%

0.00%

0.09%

0.12%

391,093

0.00%

Page 20 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Fixed 1st Lien

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Dec-04

93,898

0.00%

0.27%

0.16%

0.00%

0.00% 0.00%

0.00%

26-Nov-04

0.00%

0.00% 0.00%

0.00%

25-Oct-04

0.00%

0.00% 0.00%

0.00%

Page 21 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - Fixed 2nd Lien

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Dec-04

0.00%

0.00% 0.00%

0.00%

26-Nov-04

0.00%

0.00% 0.00%

0.00%

25-Oct-04

0.00%

0.00% 0.00%

0.00%

Page 22 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - ARM - 228

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Dec-04

483,048

0.00%

0.36%

0.26%

0.00%

0.00% 0.00%

0.00%

26-Nov-04

0.00%

0.00% 0.00%

0.00%

0.09%

0.12%

222,108

0.00%

25-Oct-04

0.00%

0.00% 0.00%

0.00%

0.09%

0.11%

222,301

0.00%

Page 23 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Distribution

Date

Statement Date:

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance # Balance

# Balance

Current 31 - 60 Days 61 - 90 Days

90 + Days

# Balance # Balance

# Balance

In Foreclosure and Delinquent

In Bankruptcy and Delinquent

In REO and Delinquent

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II - ARM - 327

Current

31 - 60 Days

61 - 90 Days

90 + Days

Balance

27-Dec-04

465,821

0.00%

0.53%

0.78%

0.00%

0.00% 0.00%

0.00%

0.26%

0.28%

168,650

0.00%

26-Nov-04

466,189

0.00%

0.51%

0.75%

0.00%

0.00% 0.00%

0.00%

0.25%

0.27%

168,721

0.00%

25-Oct-04

0.00%

0.00% 0.00%

0.00%

0.25%

0.26%

168,792

0.00%

Page 24 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

27-Dec-04

2,110

94.66%

313,068,725

93.42%

2.81%

3.09%

0.00%

346

7.32%

6.82%

10,004,709

0.00

26-Nov-04

2,171

97.40%

323,316,086

96.48%

1.54%

2.17%

0.00%

347

7.32%

6.82%

7,189,373

0.00

25-Oct-04

2,205

98.92%

330,737,756

98.70%

1.08%

1.23%

0.00%

348

7.32%

6.82%

4,123,134

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 25 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Fixed 1st Lien

27-Dec-04

371

16.64%

58,638,986

17.50%

0.80%

0.43%

0.00%

336

7.09%

6.58%

254,665

0.00

26-Nov-04

374

16.78%

58,967,227

17.60%

0.53%

0.81%

0.00%

337

7.09%

6.58%

481,859

0.00

25-Oct-04

376

16.87%

59,511,135

17.76%

0.53%

0.92%

0.00%

338

7.09%

6.58%

554,119

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 26 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

Fixed 2nd Lien

27-Dec-04

243

10.90%

9,525,174

2.84%

3.95%

4.75%

0.00%

220

10.74%

10.24%

475,305

0.00

26-Nov-04

253

11.35%

10,010,335

2.99%

0.78%

0.90%

0.00%

220

10.73%

10.23%

91,119

0.00

25-Oct-04

255

11.44%

10,111,340

3.02%

1.16%

1.59%

0.00%

221

10.72%

10.22%

163,212

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 27 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

ARM - 228

27-Dec-04

1,116

50.07%

184,932,629

55.19%

2.87%

3.58%

0.00%

354

7.26%

6.75%

6,872,145

0.00

26-Nov-04

1,149

51.55%

191,923,220

57.27%

1.46%

1.99%

0.00%

355

7.25%

6.75%

3,894,962

0.00

25-Oct-04

1,166

52.31%

195,939,237

58.47%

0.93%

1.02%

0.00%

356

7.25%

6.75%

2,014,530

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 28 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Ending Arrearage (1)

Balance

Insurance

Substitution

Liquidation

Proceeds

ARM - 327

27-Dec-04

380

17.05%

59,971,935

17.90%

3.80%

3.85%

0.00%

353

7.20%

6.69%

2,402,594

0.00

26-Nov-04

395

17.72%

62,415,303

18.63%

3.19%

4.18%

0.00%

354

7.22%

6.71%

2,721,433

0.00

25-Oct-04

408

18.30%

65,176,044

19.45%

1.92%

2.09%

0.00%

355

7.21%

6.71%

1,391,273

0.00

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 29 of 30

Bear Stearns Asset Backed Securities Trust

Payment Date:
Prior Payment:
Next Payment:
Record Date:

27-Dec-04
27-Dec-04

26-Nov-04

25-Jan-05

24-Dec-04

Asset-Backed Certificates

Series 2004-HE8

ABN AMRO Acct: 722071.3

Realized Loss Detail

Period

Disclosure

Control #

Appraisal

Date

Appraisal

Value

Beginning
Scheduled

Balance

Gross

Proceeds

Gross Proceeds

as a % of

Sched. Balance

Aggregate

Liquidation
Expenses *

Net

Liquidation

Proceeds

Net Proceeds

as a % of

Sched. Balance

Realized

Loss

Statement Date:

Current Total
Cumulative

Page 30 of 30

* Aggregate liquidation expenses also include outstanding P&I advances and unpaid servicing fees, unpaid trustee fees, etc..

BEAR STEARNS ASSET BACKED SECURITIES I TRUST 2004-HE8 8-K