~~Mortgage~~SECURITIES ~~Asset~~AND ~~Securitization~~EXCHANGE Transactions, Inc. Mortgage Pass-Through Certificates Record Date: 11/30/04 Distribution Date: 12/27/04 Mortgage Asset Securitization Transactions, Inc. Mortgage Pass-Through Certificates Series 2004-11 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution 1-A-1 57643MHZ0 SEN 4.50000% 34,198,000.00 128,084.74 136,614.25 2-A-1 57643MJA3 SEN 5.00000% 73,208,000.00 304,658.10 2,286,831.88 3-A-1 57643MJB1 SEN 5.50000% 38,165,000.00 174,707.74 143,406.75 4-A-1 57643MJC9 SEQ 5.50000% 77,203,000.00 353,411.80 926,692.42 4-A-2 57643MJD7 SEQ 5.50000% 8,830,000.00 40,421.05 0.00 4-A-3 57643MJE5 SEQ 5.50000% 7,343,000.00 33,614.02 0.00 4-A-4 57643MJF2 LOCK 5.50000% 10,000,000.00 45,776.95 0.00 4-A-5 57643MJG0 LOCK 5.50000% 891,000.00 4,078.73 0.00 5-A-1 57643MJH8 SEQ 8.00000% 7,398,000.00 49,259.33 276,216.66 5-A-2 57643MJJ4 SEQ 5.50000% 66,582,000.00 304,792.10 2,485,949.95 5-A-3 57643MJK1 SEQ 5.75000% 10,731,000.00 51,356.12 0.00 5-A-4 57643MJL9 SEQ 5.75000% 4,415,000.00 21,129.18 0.00 5-A-5 57643MJM7 LOCK 5.75000% 10,304,000.00 49,312.60 0.00 15-PO 57643MJP0 PO 0.00000% 149,719.66 0.00 601.79 30-PO 57643MJQ8 PO 0.00000% 835,440.64 0.00 11,824.88 15-AX 57643MJR6 IO 5.00000% 0.00 42,116.09 0.00 30-AX 57643MJS4 IO 5.50000% 0.00 35,302.74 0.00 A-UR 57643MJU9 RES 4.50000% 50.00 0.19 50.00 A-LR 57643MJT2 RES 4.50000% 50.00 0.19 50.00 B-1 57643MJV7 SUB 5.46043% 5,765,000.00 26,200.56 9,947.27 B-2 57643MJW5 SUB 5.46043% 1,622,000.00 7,371.61 2,798.69 B-3 57643MJX3 SUB 5.46043% 1,081,000.00 4,912.89 1,865.22 B-4 57643MJY1 SUB 5.46043% 540,000.00 2,454.17 931.75 B-5 57643MJZ8 SUB 5.46043% 541,000.00 2,458.72 933.47 B-6 57643MKA1 SUB 5.46043% 540,964.00 2,458.55 933.36 Totals 360,343,224.30 1,683,878.17 6,285,648.34COMMISSION

~~Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A-1 0.00 34~~Washington,~~061,385.75~~ ~~264,698~~D.~~99 0~~C.00 2-A-1 0.00 70,921,168.12 2,591,489.98 0.00 3-A-1 0.00 38,021,593.25 318,114.49 0.00 4-A-1 0.00 76,276,307.58 1,280,104.22 0.00 4-A-2 0.00 8,830,000.00 40,421.05 0.00 4-A-3 0.00 7,343,000.00 33,614.02 0.00 4-A-4 0.00 10,000,000.00 45,776.95 0.00 4-A-5 0.00 891,000.00 4,078.73 0.00 5-A-1 0.00 7,121,783.34 325,475.99 0.00 5-A-2 0.00 64,096,050.05 2,790,742.05 0.00 5-A-3 0.00 10,731,000.00 51,356.12 0.00 5-A-4 0.00 4,415,000.00 21,129.18 0.00 5-A-5 0.00 10,304,000.00 49,312.60 0.00 15-PO 0.00 149,117.87 601.79 0.00 30-PO 0.00 823,615.76 11,824.88 0.00 15-AX 0.00 0.00 42,116.09 0.00 30-AX 0.00 0.00 35,302.74 0.00 A-UR 0.00 0.00 50.19 0.00 A-LR 0.00 0.00 50.19 0.00 B-1 0.00 5,755,052.73 36,147.83 0.00 B-2 0.00 1,619,201.31 10,170.30 0.00 B-3 0.00 1,079,134.78 6,778.11 0.00 B-4 0.00 539,068.25 3,385.92 0.00 B-5 0.00 540,066.53 3,392.19 0.00 B-6 0.00 540,030.64 3,391.91 0.00 Totals 0.00 354,057,575.96 7,969,526.51 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. 20549

~~Principal~~Form Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1-A-1 34,198,000.00 34,198,000.00 133,324.40 3,289.85 0.00 0.00 2-A-1 73,208,000.00 73,208,000.00 271,892.25 2,014,939.63 0.00 0.00 3-A-1 38,165,000.00 38,165,000.00 136,719.73 6,687.02 0.00 0.00 4-A-1 77,203,000.00 77,203,000.00 109,995.19 816,697.23 0.00 0.00 4-A-2 8~~,830,000.00 8,830,000.00 0.00 0.00 0.00 0.00 4~~-A-3 7,343,000.00 7,343,000.00 0.00 0.00 0.00 0.00 4-A-4 10,000,000.00 10,000,000.00 0.00 0.00 0.00 0.00 4-A-5 891,000.00 891,000.00 0.00 0.00 0.00 0.00 5-A-1 7,398,000.00 7,398,000.00 9,488.38 266,728.28 0.00 0.00 5-A-2 66,582,000.00 66,582,000.00 85,395.42 2,400,554.53 0.00 0.00 5-A-3 10,731,000.00 10,731,000.00 0.00 0.00 0.00 0.00 5-A-4 4,415,000.00 4,415,000.00 0.00 0.00 0.00 0.00 5-A-5 10,304,000.00 10,304,000.00 0.00 0.00 0.00 0.00 15-PO 149,719.66 149,719.66 601.79 0.00 0.00 0.00 30-PO 835,440.64 835,440.64 940.75 10,884.13 0.00 0.00 15-AX 0.00 0.00 0.00 0.00 0.00 0.00 30-AX 0.00 0.00 0.00 0.00 0.00 0.00 A-UR 50.00 50.00 48.80 1.20 0.00 0.00 A-LR 50.00 50.00 48.80 1.20 0.00 0.00 B-1 5,765,000.00 5,765,000.00 9,947.27 0.00 0.00 0.00 B-2 1,622,000.00 1,622,000.00 2,798.69 0.00 0.00 0.00 B-3 1,081,000.00 1,081,000.00 1,865.22 0.00 0.00 0.00 B-4 540,000.00 540,000.00 931.75 0.00 0.00 0.00 B-5 541,000.00 541,000.00 933.47 0.00 0.00 0.00 B-6 540,964.00 540,964.00 933.36 0.00 0.00 0.00 Totals 360,343,224.30 360,343,224.30 765,865.27 5,519,783.07 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.K

~~Principal~~CURRENT Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution 1-A-1 136,614.25 34,061,385.75 0.99600520 136,614.25 2-A-1 2,286,831.88 70,921,168.12 0.96876254 2,286,831.88 3-A-1 143,406.75 38,021,593.25 0.99624245 143,406.75 4-A-1 926,692.42 76,276,307.58 0.98799668 926,692.42 4-A-2 0.00 8,830,000.00 1.00000000 0.00 4-A-3 0.00 7,343,000.00 1.00000000 0.00 4-A-4 0.00 10,000,000.00 1.00000000 0.00 4-A-5 0.00 891,000.00 1.00000000 0.00 5-A-1 276,216.66 7,121,783.34 0.96266333 276,216.66 5-A-2 2,485,949.95 64,096,050.05 0.96266333 2,485,949.95 5-A-3 0.00 10,731,000.00 1.00000000 0.00 5-A-4 0.00 4,415,000.00 1.00000000 0.00 5-A-5 0.00 10,304,000.00 1.00000000 0.00 15-PO 601.79 149,117.87 0.99598055 601.79 30-PO 11,824.88 823,615.76 0.98584594 11,824.88 15-AX 0.00 0.00 0.00000000 0.00 30-AX 0.00 0.00 0.00000000 0.00 A-UR 50.00 0.00 0.00000000 50.00 A-LR 50.00 0.00 0.00000000 50.00 B-1 9,947.27 5,755,052.73 0.99827454 9,947.27 B-2 2,798.69 1,619,201.31 0.99827454 2,798.69 B-3 1,865.22 1,079,134.78 0.99827454 1,865.22 B-4 931.75 539,068.25 0.99827454 931.75 B-5 933.47 540,066.53 0.99827455 933.47 B-6 933.36 540,030.64 0.99827464 933.36 Totals 6,285,648.34 354,057,575.96 0.98255650 6,285,648.34REPORT

~~Principal~~Pursuant ~~Distribution~~to ~~Factors~~Section Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 34,198,000.00 1000.00000000 3.89860226 0.09620007 0.00000000 2-A-1 73,208,000.00 1000.00000000 3.71396910 27.52348965 0.00000000 3-A-1 38,165,000.00 1000.00000000 3.58233277 0.17521342 0.00000000 4-A-1 77,203,000.00 1000.00000000 1.42475279 10.57856858 0.00000000 4-A-2 8,830,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 4-A-3 7,343,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 4-A-4 10,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 4-A-5 891,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 5-A-1 7,398,000.00 1000.00000000 1.28256015 36.05410652 0.00000000 5-A-2 66,582,000.00 1000.00000000 1.28256015 36.05410667 0.00000000 5-A-3 10,731,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 5-A-4 4,415,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 5-A-5 10,304,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 15-PO 149,719.66 1000.00000000 4.01944541 0.00000000 0.00000000 30-PO 835,440.64 1000.00000000 1.12605247 13~~.02801118~~ ~~0.00000000~~or 15-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 30-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 50.00 1000.00000000 976.00000000 24.00000000 0.00000000 A-LR 50.00 1000.00000000 976.00000000 24.00000000 0.00000000 B-1 5,765,000.00 1000.00000000 1.72545880 0.00000000 0.00000000 B-2 1,622,000.00 1000.00000000 1.72545623 0.00000000 0.00000000 B-3 1,081,000.00 1000.00000000 1.72545791 0.00000000 0.00000000 B-4 540,000.00 1000.00000000 1.72546296 0.00000000 0.00000000 B-5 541,000.00 1000.00000000 1.72545287 0.00000000 0.00000000 B-6 540,964.00 1000.00000000 1.72536435 0.00000000 0.00000000 (2d) ~~All~~of ~~Classes are per $1,000 denomination~~the

~~Principal~~Securities ~~Distribution~~Exchange ~~Factors~~Act ~~Statement~~of (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A-1 0.00000000 3.99480233 996.00519767 0.99600520 3.99480233 2-A-1 0.00000000 31.23745875 968.76254125 0.96876254 31.23745875 3-A-1 0.00000000 3.75754618 996.24245382 0.99624245 3.75754618 4-A-1 0.00000000 12.00332137 987.99667863 0.98799668 12.00332137 4-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 4-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 4-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 4-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 5-A-1 0.00000000 37.33666667 962.66333333 0.96266333 37.33666667 5-A-2 0.00000000 37.33666682 962.66333318 0.96266333 37.33666682 5-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 5-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 5-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 15-PO 0.00000000 4.01944541 995.98055459 0.99598055 4.01944541 30-PO 0.00000000 14.15406366 985.84593634 0.98584594 14.15406366 15-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 30-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-UR 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 A-LR 0.00000000 1,000.00000000 0.00000000 0.00000000 1,000.00000000 B-1 0.00000000 1.72545880 998.27454120 0.99827454 1.72545880 B-2 0.00000000 1.72545623 998.27454377 0.99827454 1.72545623 B-3 0.00000000 1.72545791 998.27454209 0.99827454 1.72545791 B-4 0.00000000 1.72546296 998.27453704 0.99827454 1.72546296 B-5 0.00000000 1.72545287 998.27454713 0.99827455 1.72545287 B-6 0.00000000 1.72536435 998.27463565 0.99827464 1.72536435 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.1934

~~Interest~~Date ~~Distribution Statement Beginning Payment~~ of ~~Original~~Report: January ~~Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall 1-A-1 34~~20,~~198,000.00~~ ~~4.50000%~~2005 (date ~~34,198,000.00~~of ~~128,242.50~~earliest ~~0.00~~event ~~0.00~~reported) MORTGAGE ~~2-A-1~~ASSET ~~73,208,000.00~~SECURITIZATION ~~5.00000% 73~~TRANSACTIONS,~~208,000.00~~ ~~305,033~~INC.33 ~~0.00~~(as ~~0.00~~depositor ~~3-A-1~~under ~~38,165,000.00~~the ~~5.50000%~~Pooling ~~38,165,000.00~~and ~~174,922.92~~Servicing ~~0.00 0.00 4-A-1 77~~Agreement,~~203,000.00~~ ~~5.50000%~~relating ~~77,203,000.00~~to ~~353,847.08~~the ~~0.00~~MASTR ~~0.00~~Asset ~~4-A-2~~Securitization ~~8,830,000.00~~Trust ~~5.50000% 8,830,000.00 40,470.83 0.00 0.00 4~~2004-~~A-3~~11 ~~7,343,000.00~~Mortgage ~~5.50000% 7,343,000.00 33,655.42 0.00 0.00 4~~Pass-~~A-4~~Through 10Certificates,~~000,000.00~~ ~~5.50000%~~Series ~~10,000,000.00 45,833.33 0.00 0.00 4~~2004-A-5 891,000.00 5.50000% 891,000.00 4,083.75 0.00 0.00 5-A-1 7,398,000.00 8.00000% 7,398,000.00 49,320.00 0.00 0.00 5-A-2 66,582,000.00 5.50000% 66,582,000.00 305,167.50 0.00 0.00 5-A-3 10,731,000.00 5.75000% 10,731,000.00 51,419.38 0.00 0.00 5-A-4 4,415,000.00 5.75000% 4,415,000.00 21,155.21 0.00 0.00 5-A-5 10,304,000.00 5.75000% 10,304,000.00 49,373.33 0.00 0.00 15-PO 149,719.66 0.00000% 149,719.66 0.00 0.00 0.00 30-PO 835,440.64 0.00000% 835,440.64 0.00 0.00 0.00 15-AX 0.00 5.00000% 10,120,310.34 42,167.96 0.00 0.00 30-AX 0.00 5.50000% 7,711,903.50 35,346.22 0.00 0.00 A-UR 50.00 4.50000% 50.00 0.19 0.00 0.00 A-LR 50.00 4.50000% 50.00 0.19 0.00 0.00 B-1 5,765,000.00 5.46043% 5,765,000.00 26,232.83 0.00 0.00 B-2 1,622,000.00 5.46043% 1,622,000.00 7,380.69 0.00 0.00 B-3 1,081,000.00 5.46043% 1,081,000.00 4,918.94 0.00 0.00 B-4 540,000.00 5.46043% 540,000.00 2,457.19 0.00 0.00 B-5 541,000.00 5.46043% 541,000.00 2,461.75 0.00 0.00 B-6 540,964.00 5.46043% 540,964.00 2,461.58 0.00 0.00 Totals 360,343,224.30 1,685,952.12 0.00 0.0011)

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance 1-A-1 157.76 0.00 128,084.74 0.00 34,061,385.75 2-A-1 375.23 0.00 304,658.10 0.00 70,921,168.12 3-A-1 215.18 0.00 174,707.74 0.00 38,021,593.25 4-A-1 435.28 0.00 353,411.80 0.00 76,276,307.58 4-A-2 49.78 0.00 40,421.05 0.00 8,830,000.00 4-A-3 41.40 0.00 33,614.02 0.00 7,343,000.00 4-A-4 56.38 0.00 45,776.95 0.00 10,000,000.00 4-A-5 5.02 0.00 4,078.73 0.00 891,000.00 5-A-1 60.67 0.00 49,259.33 0.00 7,121,783.34 5-A-2 375.40 0.00 304,792.10 0.00 64,096,050.05 5-A-3 63.25 0.00 51,356.12 0.00 10,731,000.00 5-A-4 26.02 0.00 21,129.18 0.00 4,415,000.00 5-A-5 60.74 0.00 49,312.60 0.00 10,304,000.00 15-PO 0.00 0.00 0.00 0.00 149,117.87 30-PO 0.00 0.00 0.00 0.00 823,615.76 15-AX 51.87 0.00 42,116.09 0.00 9,911,310.69 30-AX 43.48 0.00 35,302.74 0.00 7,512,847.98 A-UR 0.00 0.00 0.19 0.00 0.00 A-LR 0.00 0.00 0.19 0.00 0.00 B-1 32.27 0.00 26,200.56 0.00 5,755,052.73 B-2 9.08 0.00 7,371.61 0.00 1,619,201.31 B-3 6.05 0.00 4,912.89 0.00 1,079,134.78 B-4 3.02 0.00 2,454.17 0.00 539,068.25 B-5 3.03 0.00 2,458.72 0.00 540,066.53 B-6 3.03 0.00 2,458.55 0.00 540,030.64 Totals 2,073.94 0.00 1,683,878.17 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

MORTGAGE ASSET SECURITIZATION TRANSACTIONS, INC.
(Exact name of registrant as specified in its charter)

Delaware	333-106982	06-1204982
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

1285 Avenue of the Americas New York, New York 10019
(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code (212) 713-2000

~~Interest~~Check ~~Distribution~~the ~~Factors~~appropriate ~~Statement~~box ~~Beginning~~below ~~Payment~~if ofthe ~~Original~~Form Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall 1-A-1 34,198,000.00 4.50000% 1000.00000000 3.75000000 0.00000000 0.00000000 2-A-1 73,208,000.00 5.00000% 1000.00000000 4.16666662 0.00000000 0.00000000 3-A-1 38,165,000.00 5.50000% 1000.00000000 4.58333342 0.00000000 0.00000000 4-A-1 77,203,000.00 5.50000% 1000.00000000 4.58333329 0.00000000 0.00000000 4-A-2 8~~,830,000.00 5.50000% 1000.00000000 4.58333296 0.00000000 0.00000000 4~~-~~A-3~~K ~~7,343,000.00~~filing ~~5.50000%~~is ~~1000.00000000~~intended ~~4.58333379~~to ~~0.00000000~~simultaneously ~~0.00000000~~satisfy ~~4-A-4~~the ~~10,000,000.00~~filing ~~5.50000%~~obligation ~~1000.00000000~~of ~~4.58333300~~the ~~0.00000000~~registrant ~~0.00000000~~under ~~4-A-5~~any ~~891,000.00~~of ~~5.50000%~~the ~~1000.00000000~~following 4.58333333 0.00000000 0.00000000 5-A-1 7,398,000.00 8.00000% 1000.00000000 6.66666667 0.00000000 0.00000000 5-A-2 66,582,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000 5-A-3 10,731,000.00 5.75000% 1000.00000000 4.79166713 0.00000000 0.00000000 5-A-4 4,415,000.00 5.75000% 1000.00000000 4.79166704 0.00000000 0.00000000 5-A-5 10,304,000.00 5.75000% 1000.00000000 4.79166634 0.00000000 0.00000000 15-PO 149,719.66 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 30-PO 835,440.64 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 15-AX 0.00 5.00000% 1000.00000000 4.16666669 0.00000000 0.00000000 30-AX 0.00 5.50000% 1000.00000000 4.58333277 0.00000000 0.00000000 A-UR 50.00 4.50000% 1000.00000000 3.80000000 0.00000000 0.00000000 A-LR 50.00 4.50000% 1000.00000000 3.80000000 0.00000000 0.00000000 B-1 5,765,000.00 5.46043% 1000.00000000 4.55036080 0.00000000 0.00000000 B-2 1,622,000.00 5.46043% 1000.00000000 4.55036375 0.00000000 0.00000000 B-3 1,081,000.00 5.46043% 1000.00000000 4.55036078 0.00000000 0.00000000 B-4 540,000.00 5.46043% 1000.00000000 4.55035185 0.00000000 0.00000000 B-5 541,000.00 5.46043% 1000.00000000 4.55036969 0.00000000 0.00000000 B-6 540,964.00 5.46043% 1000.00000000 4.55035825 0.00000000 0.00000000 (5) All Classes are per $1,000 denominationprovisions:

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1-A-1 0.00461314 0.00000000 3.74538686 0.00000000 996.00519767 2-A-1 0.00512553 0.00000000 4.16154109 0.00000000 968.76254125 3-A-1 0.00563815 0.00000000 4.57769527 0.00000000 996.24245382 4-A-1 0.00563812 0.00000000 4.57769517 0.00000000 987.99667863 4-A-2 0.00563760 0.00000000 4.57769536 0.00000000 1000.00000000 4-A-3 0.00563802 0.00000000 4.57769576 0.00000000 1000.00000000 4-A-4 0.00563800 0.00000000 4.57769500 0.00000000 1000.00000000 4-A-5 0.00563412 0.00000000 4.57769921 0.00000000 1000.00000000 5-A-1 0.00820087 0.00000000 6.65846580 0.00000000 962.66333333 5-A-2 0.00563816 0.00000000 4.57769517 0.00000000 962.66333318 5-A-3 0.00589414 0.00000000 4.78577206 0.00000000 1000.00000000 5-A-4 0.00589354 0.00000000 4.78577123 0.00000000 1000.00000000 5-A-5 0.00589480 0.00000000 4.78577252 0.00000000 1000.00000000 15-PO 0.00000000 0.00000000 0.00000000 0.00000000 995.98055459 30-PO 0.00000000 0.00000000 0.00000000 0.00000000 985.84593634 15-AX 0.00512534 0.00000000 4.16154135 0.00000000 979.34849397 30-AX 0.00563804 0.00000000 4.57769473 0.00000000 974.18853594 A-UR 0.00000000 0.00000000 3.80000000 0.00000000 0.00000000 A-LR 0.00000000 0.00000000 3.80000000 0.00000000 0.00000000 B-1 0.00559757 0.00000000 4.54476323 0.00000000 998.27454120 B-2 0.00559803 0.00000000 4.54476572 0.00000000 998.27454377 B-3 0.00559667 0.00000000 4.54476411 0.00000000 998.27454209 B-4 0.00559259 0.00000000 4.54475926 0.00000000 998.27453704 B-5 0.00560074 0.00000000 4.54476895 0.00000000 998.27454713 B-6 0.00560111 0.00000000 4.54475714 0.00000000 998.27463565 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.ٱ

~~Certificateholder~~Written ~~Component~~communications ~~Statement~~pursuant ~~Component~~to ~~Beginning~~Rule ~~Ending~~425 ~~Beginning~~under ~~Ending~~the ~~Ending~~Securities ~~Pass-Through~~Act Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage 4-A-5-1 5.50000% 0.00 0.00 500,000.00 500,000.00 100.00000000% 4-A-5-2 5.50000% 0.00 0.00 391,000.00 391,000.00 100.00000000% 30-PO-4 0.00000% 0.00 0.00 828,042.75 816,225.50 98.57286958% 30-PO-5 0.00000% 0.00 0.00 7,397.89 7,390.26 99.89686248% 15-AX-1 5.00000% 2,390,671.57 2,381,215.14 0.00 0.00 99.60444462% 15-AX-2 5.00000% 5,308,114.81 5,117,732.23 0.00 0.00 96.41336733% 15-AX-3 5.00000% 2,421,523.96 2,412,363.32 0.00 0.00 99.62169939% 30-AX-4 5.50000% 2,036,209.32 2,020,252.(17 ~~0.00~~CFR 0230.~~00 99.21633057% 30-AX-5 5.50000% 5,675,694.18 5,492,595.81 0.00 0.00 96.77399162%~~425)

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 8,025,048.27 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 17,402.05 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 8,042,450.32 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 72,923.81 Payment of Interest and Principal 7,969,526.51 Total Withdrawals (Pool Distribution Amount) 8,042,450.32 Ending Balance 0.00ٱ

~~PREPAYMENT/CURTAILMENT~~Soliciting ~~INTEREST~~material ~~SHORTFALL~~pursuant ~~Total~~to ~~Prepayment/Curtailment~~Rule ~~Interest~~14a-12 ~~Shortfall~~under ~~2,073.94~~the ~~Servicing~~Exchange ~~Fee~~Act ~~Support~~(17 ~~0.00~~CFR ~~Non-Supported Prepayment/Curtailment Interest Shortfall 2,073~~240.9414a-12)

~~SERVICING FEES Gross Servicing Fee 72,065.77 Master Servicing Fee 150.67 WMMSC Master Servicing Fee 707.37 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 72,923.81~~ٱ

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0Pre-29commencement ~~Days~~communications 0pursuant 0to 0Rule ~~0 0.00 0.00 0.00 0.00 30 Days 4 0 0 0 4~~ 14d-2~~,217,810.60~~(d) ~~0.00~~under ~~0.00~~the ~~0.00~~Exchange ~~2,217,810.60~~Act 60(17 ~~Days~~CFR ~~0 0 0 0 0 0~~240.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 4 0 0 0 4 2,217,810.60 0.00 0.00 0.00 2,217,810.60 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 014d-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.575540% 0.000000% 0.000000% 0.000000% 0.575540% 0.625370% 0.000000% 0.000000% 0.000000% 0.625370% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.575540% 0.000000% 0.000000% 0.000000% 0.575540% 0.625370% 0.000000% 0.000000% 0.000000% 0.625370%2(b))

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1 0 0 0 1 460,076.33 0.00 0.00 0.00 460,076.33 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1 0 0 0 1 460,076.33 0.00 0.00 0.00 460,076.33 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.735294% 0.000000% 0.000000% 0.000000% 0.735294% 0.634863% 0.000000% 0.000000% 0.000000% 0.634863% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.735294% 0.000000% 0.000000% 0.000000% 0.735294% 0.634863% 0.000000% 0.000000% 0.000000% 0.634863% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 1,389,244.29 0.00 0.00 0.00 1,389,244.29 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2 0 0 0 2 1,389,244.29 0.00 0.00 0.00 1,389,244.29 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.631579% 0.000000% 0.000000% 0.000000% 2.631579% 3.579076% 0.000000% 0.000000% 0.000000% 3.579076% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 2.631579% 0.000000% 0.000000% 0.000000% 2.631579% 3.579076% 0.000000% 0.000000% 0.000000% 3.579076% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 5 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1 0 0 0 1 368,489.98 0.00 0.00 0.00 368,489.98 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1 0 0 0 1 368,489.98 0.00 0.00 0.00 368,489.98 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.523560% 0.000000% 0.000000% 0.000000% 0.523560% 0.367177% 0.000000% 0.000000% 0.000000% 0.367177% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.523560% 0.000000% 0.000000% 0.000000% 0.523560% 0.367177% 0.000000% 0.000000% 0.000000% 0.367177%ٱ

~~OTHER~~Pre-commencement ~~INFORMATION~~communications ~~Current~~pursuant ~~Period~~to ~~Class~~Rule A13e-4(c) ~~Insufficient~~under ~~Funds~~the ~~0.00~~Exchange ~~Principal~~Act ~~Balance~~(17 ofCFR ~~Contaminated Properties 0~~240.~~00 Periodic Advance 17,402.05~~13e-4(c))

~~CREDIT~~Item ~~ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000~~8.~~00 0~~01.~~02775132%~~ Other 100,000.00 0.02824399% Fraud 3,603,432.00 0.99999993% 3,603,432.00 1.01775311% Special Hazard 3,957,202.00 1.09817578% 3,957,202.00 1.11767189% Limit of Subordinate's Exposure to Certain Types of LossesEvents

~~COLLATERAL~~Master ~~STATEMENT~~Asset ~~Collateral~~Securitization ~~Description~~Transactions, ~~Mixed~~Inc. ~~Fixed~~(the ~~Ratio~~“Company”) ~~Strip~~entered ~~Weighted~~into ~~Average~~a ~~Gross~~Pooling ~~Coupon~~and ~~5.857335%~~Servicing ~~Weighted~~Agreement ~~Average~~dated ~~Pass-Through~~as ~~Rate~~of ~~5.614487%~~November ~~Weighted~~1, ~~Average~~2004 ~~Maturity~~(~~Stepdown~~the ~~Calculation~~ “Agreement”) ~~282~~among ~~Beginning~~the ~~Scheduled~~Company, ~~Collateral~~in ~~Loan~~its ~~Count~~capacity ~~703~~as ~~Number~~depositor Of(in ~~Loans~~such ~~Paid~~capacity, Inthe ~~Full~~“Depositor”), 8UBS ~~Ending~~Real ~~Scheduled~~Estate ~~Collateral~~Securities ~~Loan~~Inc., ~~Count~~as ~~695~~transferor ~~Beginning~~(in ~~Scheduled~~such ~~Collateral~~capacity, ~~Balance~~the ~~360~~“Transferor”),~~343~~ Wells Fargo Bank,~~224~~ N.30A., ~~Ending~~as ~~Scheduled~~master ~~Collateral~~servicer ~~Balance~~(in ~~354~~such capacity,~~057,576.42~~ ~~Ending~~the ~~Actual~~“Master ~~Collateral~~Servicer”), ~~Balance~~as attrust ~~30-Nov-2004~~administrator ~~354~~(in such capacity,~~639,516.54~~ ~~Monthly~~the P“Trust &IAdministrator”) ~~Constant~~and 2as a custodian (in such capacity,~~524~~ a “Custodian”),~~741~~ U.22S. ~~Special~~Bank ~~Servicing~~National ~~Fee~~Association, ~~0.00~~as ~~Prepayment~~trustee ~~Penalties~~(in ~~0.00~~such ~~Realized~~capacity, ~~Loss~~the ~~Amount~~“Trustee”) ~~0.00~~and ~~Cumulative~~as ~~Realized~~a ~~Loss~~custodian 0(in such capacity, a “Custodian”).00 The ~~Class~~Certificates Awere ~~Non-PO~~issued ~~Optimal~~on ~~Amount~~November 729,~~884,026~~ 2004.17 The ~~Class~~Pooling APand ~~Deferred~~Servicing ~~Amount~~Agreement ~~0.00~~is ~~Scheduled~~annexed ~~Principal~~hereto ~~765,865.32~~as ~~Unscheduled~~Exhibit ~~Principal 5,519,783~~99.081.

~~Group~~Item ~~Level Collateral Statement Group 1 2 3 Collateral Description Fixed 15 Year Fixed 15 Year Fixed 15 Year Weighted Average Coupon Rate 5~~9.~~056347 5~~01.~~586071~~ Financial ~~6.022833~~Statements ~~Weighted~~and ~~Average Net Rate 4~~Exhibits.822483 5.356706 5.811535 Weighted Average Maturity 175 176 175 Beginning Loan Count 68 137 76 Loans Paid In Full 0 1 0 Ending Loan Count 68 136 76 Beginning Scheduled Balance 34,977,553.50 74,550,082.81 38,864,279.77 Ending scheduled Balance 34,837,780.58 72,258,266.48 38,718,367.97 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 283,862.86 623,911.76 334,285.67 Scheduled Principal 136,480.66 276,876.70 139,224.78 Unscheduled Principal 3,292.26 2,014,939.63 6,687.02 Scheduled Interest 147,382.20 347,035.06 195,060.89 Servicing Fees 6,816.66 14,249.31 6,843.29 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 43.21 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 140,565.54 332,742.54 188,217.60 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.822483 5.356011 5.811535

Group Level Collateral Statement Group 4 5 Total Collateral Description Fixed 30 Year Fixed 30 Year xed Fixed Ratio Strip Weighted Average Coupon Rate 5.816483 6.306238 5.857335 Weighted Average Net Rate 5.566483 6.056238 5.617345 Weighted Average Maturity 356 357 282 Beginning Loan Count 226 196 703 Loans Paid In Full 2 5 8 Ending Loan Count 224 191 695 Beginning Scheduled Balance 108,907,724.38 103,043,584.36 360,343,224.82 Ending scheduled Balance 107,965,192.57 100,277,968.82 354,057,576.42 Record Date 11/30/2004 11/30/2004 11/30/2004 Principal And Interest Constant 642,833.73 639,847.20 2,524,741.22 Scheduled Principal 114,950.45 98,332.73 765,865.32 Unscheduled Principal 827,581.36 2,667,282.81 5,519,783.08 Scheduled Interest 527,883.28 541,514.47 1,758,875.90 Servicing Fees 22,689.10 21,467.41 72,065.77 Master Servicing Fees 75.45 75.22 150.67 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 420.93 243.23 707.37 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 504,697.80 519,728.61 1,685,952.09 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.561014 6.052529 5.614487(a)

~~Miscellaneous~~Not ~~Reporting Group 1 Senior % 98~~applicable.191866% Senior Prepayment % 100.000000% Junior % 1.808134% Group 2 Senior % 98.199757% Senior Prepayment % 100.000000% Junior % 1.800243% Group 3 Senior % 98.200713% Senior Prepayment % 100.000000% Junior % 1.799287%

~~Miscellaneous Reporting Group 4 Senior % 96.472342% Senior Prepayment % 100.000000% Junior % 3.527658% Group 5 Senior % 96.500078% Senior Prepayment % 100.000000% Junior % 3.499922%~~(b)

Not applicable.

(c)

Exhibits:

99.1

The Pooling and Servicing Agreement dated as of November 1, 2004, by and among the Company, the Transferor, the Master Servicer, the Trust Administrator, the Custodians and the Trustee.

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.

MORTGAGE ASSET SECURITIZATION

TRANSACTIONS, INC.

By: /s/Peter Ma

Name:

Peter Ma

Title:

Director

By: /s/ Peter Slagowitz

Name:

Peter Slagowitz

Title:

Managing Director

Dated: January 20, 2005

Exhibit Index

Exhibit

Page

99.1

Pooling and Servicing Agreement dated as of November 1, 2004,

by and among the Company, the Transferor, the Master Servicer,

the Trust Administrator, the Custodians and the Trustee.

Filing Compare · MASTR ASSET SECURITIZATION TRUST 2004-11