Structured Asset Securities Corporation  Mortgage Pass-Through Certificates, Series
2004-5H
Distribution Date:          11/26/2004
Record Date:                10/29/2004

Distribution Summary

DISTRIBUTION IN DOLLARS

                                                  Prior         Pass-                                                                                  Current
                            Original              Principal     Through       Interest   Principal   Total          Deferred               Realized    Principal
Class                       Balance               Balance       Rate          DistributedDistributed Distributed    Interest               Loss        Balance
(1)                         (2)                   (3)           (4)           (5)        (6)         (7)=(5+6)      (8)                    (9)         (10)=(3-6+8-9)

A1                          84,953,000.00         54,300,455.86 3.550000%     160,638.85 2,817,299.042,977,937.89   0.00                   0.00        51,483,156.82

A2                          46,055,000.00         46,055,000.00 4.430000%     170,019.71 0.00        170,019.71     0.00                   0.00        46,055,000.00

A3                          31,681,000.00         31,681,000.00 5.500000%     145,204.58 0.00        145,204.58     0.00                   0.00        31,681,000.00

A4                          46,942,000.00         46,942,000.00 5.540000%     216,715.57 0.00        216,715.57     0.00                   0.00        46,942,000.00

APO                         4,871,547.00          4,458,784.99  0.000000%     0.00       58,290.09   58,290.09      0.00                   0.00        4,400,494.90

B1                          2,101,000.00          2,080,251.17  5.550000%     9,621.16   2,394.36    12,015.52      0.00                   0.00        2,077,856.81

B2                          1,658,000.00          1,641,626.12  5.550000%     7,592.52   1,889.51    9,482.03       0.00                   0.00        1,639,736.61

B3                          1,327,000.00          1,313,894.96  5.550000%     6,076.76   1,512.29    7,589.05       0.00                   0.00        1,312,382.67

B4                          553,000.00            547,538.74    5.550000%     2,532.37   630.22      3,162.59       0.00                   0.00        546,908.52

B5                          332,000.00            328,721.26    5.550000%     1,520.34   378.36      1,898.70       0.00                   0.00        328,342.90

B6                          663,495.00            656,943.81    5.550000%     3,038.37   756.06      3,794.43       0.00                   0.00        656,187.75

R                           100.00                0.00          5.550000%     0.00       0.00        0.00           0.00                   0.00        0.00

Totals                      221,137,142.00        190,006,216.91              722,960.23 2,883,149.933,606,110.16   0.00                   0.00        184,279,245.14

Notional Classes

AIO1                        63,581,039.00         49,439,007.84 1.000000%     41,199.17  0.00        41,199.17      0.00                   0.00        48,767,468.60

AIO2                        223,541,070.00        162,235,981.721.000000%     135,196.65 0.00        135,196.65     0.00                   0.00        156,601,383.64

Totals                      287,122,109.00        211,674,989.56              176,395.82 0.00        176,395.82     0.00                   0.00        0.00

Distribution Summary (Factors)

PER $1,000 OF ORIGINAL BALANCE

                                                  Prior                                                                                    Current
                                                  Principal     Interest      Principal  Total       Deferred       Realized               Principal
                                                                Distributed
Class                       CUSIP                 Balance       (5/2 x 1000)  DistributedDistributed Interest       Loss                   Balance
                                                  (3/2 x 1000)                (6/2 x     (7/2 x 1000)(8/2 x 1000)   (9/2 x 1000)           (10/2 x
                                                                              1000)                                                        1000)

A1                          86359BHX2             639.182323    1.890914      33.163032  35.053946   0.000000       0.000000               606.019291

A2                          86359BHY0             1,000.000000  3.691667      0.000000   3.691667    0.000000       0.000000               1,000.000000

A3                          86359BHZ7             1,000.000000  4.583333      0.000000   4.583333    0.000000       0.000000               1,000.000000

A4                          86359BJA0             1,000.000000  4.616667      0.000000   4.616667    0.000000       0.000000               1,000.000000

APO                         86359BJD4             915.270855    0.000000      11.965417  11.965417   0.000000       0.000000               903.305439

B1                          86359BJE2             990.124307    4.579324      1.139629   5.718953    0.000000       0.000000               988.984679

B2                          86359BJF9             990.124318    4.579324      1.139632   5.718957    0.000000       0.000000               988.984686

B3                          86359BJG7             990.124310    4.579322      1.139631   5.718953    0.000000       0.000000               988.984680

B4                          86359BJJ1             990.124304    4.579331      1.139638   5.718969    0.000000       0.000000               988.984665

B5                          86359BJK8             990.124277    4.579337      1.139639   5.718976    0.000000       0.000000               988.984639

B6                          86359BJL6             990.126241    4.579341      1.139511   5.718852    0.000000       0.000000               988.986729

R                           86359BJH5             0.000000      0.000000      0.000000   0.000000    0.000000       0.000000               0.000000

AIO1                        86359BJB8             777.574708    0.647979      0.000000   0.647979    0.000000       0.000000               767.012766

AIO2                        86359BJC6             725.754698    0.604796      0.000000   0.604796    0.000000       0.000000               700.548600

Interest Distribution Detail

DISTRIBUTION IN DOLLARS

                            Prior                 Pass-         Optimal       Prior      Non-Recov                                                     Current
                            Principal             Through       Accrued       Unpaid     Interest    Interest       Deferred               Interest    Unpaid
                                                                                                                                           Distributed
Class                       Balance               Rate          Interest      Interest   Shortfall   Due            Interest               (9)         Interest
(1)                         (2)                   (3)           (4)           (5)        (6)         (7)=(4)+(5)-(6)(8)                                (10)=(7)-(8)-(9)

A1                          54,300,455.86         3.550000%     160,638.85    0.00       0.00        160,638.85     0.00                   160,638.85  0.00

A2                          46,055,000.00         4.430000%     170,019.71    0.00       0.00        170,019.71     0.00                   170,019.71  0.00

A3                          31,681,000.00         5.500000%     145,204.58    0.00       0.00        145,204.58     0.00                   145,204.58  0.00

A4                          46,942,000.00         5.540000%     216,715.57    0.00       0.00        216,715.57     0.00                   216,715.57  0.00

APO                         4,458,784.99          0.000000%     0.00          0.00       0.00        0.00           0.00                   0.00        0.00

B1                          2,080,251.17          5.550000%     9,621.16      0.00       0.00        9,621.16       0.00                   9,621.16    0.00

B2                          1,641,626.12          5.550000%     7,592.52      0.00       0.00        7,592.52       0.00                   7,592.52    0.00

B3                          1,313,894.96          5.550000%     6,076.76      0.00       0.00        6,076.76       0.00                   6,076.76    0.00

B4                          547,538.74            5.550000%     2,532.37      0.00       0.00        2,532.37       0.00                   2,532.37    0.00

B5                          328,721.26            5.550000%     1,520.34      0.00       0.00        1,520.34       0.00                   1,520.34    0.00

B6                          656,943.81            5.550000%     3,038.37      0.00       0.00        3,038.37       0.00                   3,038.37    0.00

R                           0.00                  5.550000%     0.00          0.00       0.00        0.00           0.00                   0.00        0.00

  Totals                    190,006,216.91                      722,960.23    0.00       0.00        722,960.23     0.00                   722,960.23  0.00

Notional Classes

AIO1                        49,439,007.84         1.000000%     41,199.17     0.00       0.00        41,199.17      0.00                   41,199.17   0.00

AIO2                        162,235,981.72        1.000000%     135,196.65    0.00       0.00        135,196.65     0.00                   135,196.65  0.00

  Totals                    211,674,989.56                      176,395.82    0.00       0.00        176,395.82     0.00                   176,395.82  0.00

Principal Distribution
Detail

DISTRIBUTION IN DOLLARS

                                                  Prior                                  Current     Current        Current                Cumulative
                            Original              Principal     Principal     Accreted   Realized    Principal      Principal              Realized
Class                       Balance               Balance       Distribution  Principal  Losses      Recoveries     Balance                Losses
(1)                         (2)                   (3)           (4)           (5)        (6)         (7)            (8)=(3)-(4)+(5)-(6)+(7)(9)

A1                          84,953,000.00         54,300,455.86 2,817,299.04  0.00       0.00        0.00           51,483,156.82          0.00

A2                          46,055,000.00         46,055,000.00 0.00          0.00       0.00        0.00           46,055,000.00          0.00

A3                          31,681,000.00         31,681,000.00 0.00          0.00       0.00        0.00           31,681,000.00          0.00

A4                          46,942,000.00         46,942,000.00 0.00          0.00       0.00        0.00           46,942,000.00          0.00

APO                         4,871,547.00          4,458,784.99  58,290.09     0.00       0.00        0.00           4,400,494.90           0.00

B1                          2,101,000.00          2,080,251.17  2,394.36      0.00       0.00        0.00           2,077,856.81           0.00

B2                          1,658,000.00          1,641,626.12  1,889.51      0.00       0.00        0.00           1,639,736.61           0.00

B3                          1,327,000.00          1,313,894.96  1,512.29      0.00       0.00        0.00           1,312,382.67           0.00

B4                          553,000.00            547,538.74    630.22        0.00       0.00        0.00           546,908.52             0.00

B5                          332,000.00            328,721.26    378.36        0.00       0.00        0.00           328,342.90             0.00

B6                          663,495.00            656,943.81    756.06        0.00       0.00        0.00           656,187.75             0.00

R                           100.00                0.00          0.00          0.00       0.00        0.00           0.00                   0.00

  Totals                    219,588,547.00        190,006,216.912,883,149.93  715,869.15 2,881,385.290.00           187,123,066.98         0.00

Collateral Summary

ASSET CHARACTERISTICS

                            Cut-Off               Prior         Current

Aggregate Stated Principal
Balance                     221,137,143.13        190,006,216.31187,123,066.31

Loan Count                  1,666                 1,481         1,463

Weighted Average Coupon Rate
(WAC)                       6.231538%             6.194637%     N/A

Net Weighted Average Coupon
Rate (Net WAC)              5.975038%             5.679958%     N/A

Weighted Average Maturity
(WAM in months)             349                   340           339

AVAILABLE PRINCIPAL         AVAILABLE INTEREST

PO Principal                Total Principal
Scheduled Interest          980,849.60
735.54                      26,438.00
Less:                       Master Servicing Fees 0.00
Sub Servicing Fees          39,584.67
Trustee Fees                1,029.21
Insurance Fees              40,879.75
Uncompensated PPIS          0.00
Relief Act Shortfall        0.00
Other Interest Reductions   0.00
0.00                        0.00
TOTAL AVAILABLE INTEREST    899,355.97

Delinquency Information

Less Than
1 Month                     1 Month               2 Months      3+ Months     Totals

Delinquency

Scheduled Principal Balance 199,010.69            58,243.51     203,498.20    460,752.40
Percentage of Total Pool
Balance                     0.1064%               0.0311%       0.1088%       0.2462%
Number of Loans             3                     1             3             7

Percentage of Total Loans   0.2051%               0.0684%       0.2051%       0.4785%
Bankruptcy

Scheduled Principal Balance 221,199.15            0.00          0.00          71,926.89  293,126.04
Percentage of Total Pool
Balance                     0.1182%               0.0000%       0.0000%       0.0384%    0.1566%

Number of Loans             2                     0             0             1          3
Percentage of Total Loans   0.1367%               0.0000%       0.0000%       0.0684%    0.2051%

Foreclosure

Scheduled Principal Balance                       0.00          0.00          71,111.93  71,111.93
Percentage of Total Pool Balance                  0.0000%       0.0000%       0.0380%    0.0380%

Number of Loans                                   0             0             1          1
Percentage of Total Loans                         0.0000%       0.0000%       0.0684%    0.0684%

REO

Scheduled Principal Balance                       0.00          0.00          0.00       0.00
Percentage of Total Pool Balance                  0.0000%       0.0000%       0.0000%    0.0000%

Number of Loans                                   0             0             0          0
Percentage of Total Loans                         0.0000%       0.0000%       0.0000%    0.0000%

Total

Scheduled Principal Balance 221,199.15            199,010.69    58,243.51     346,537.02 824,990.37
Percentage of Total Pool
Balance                     0.1182%               0.1064%       0.0311%       0.1852%    0.4409%

Number of Loans             2                     3             1             5          11
Percentage of Total Loans   0.1367%               0.2051%       0.0684%       0.3418%    0.7519%

Principal and Interest
Advances                    679,531.85

Other Information

          Current Bankruptcy
Loss                        0.00
          Cumulative
Bankruptcy Loss             0.00
          Remaining
Bankruptcy Loss Limit       132,668.00

          Current Fraud Loss0.00
          Cumulative Fraud
Loss                        0.00
          Remaining Fraud
Loss Limit                  4,422,743.00

          Current Special
Hazard Loss Limit           0.00
          Cumulative Special
Hazard Loss Limit           0.00
          Remaining Special
Hazard Loss Limit           2,211,371.00

CONTACT INFORMATION         CONTENTS

Distribution Summary        2
Depositor                   Structured Asset
                            Securities Corporation
Distribution Summary
(Factors)                   2

New York, NY  10019
Interest Distribution       2
Underwriter                 Lehman Brothers
745 Seventh Avenue, 7th
Floor
Principal Distribution      2
New York, NY  10019

Collateral Summary          2
2530 South Parker Road, Suite 601

Delinquency Information     2

Trustee                     Citibank, N.A.
Other Information           2

New York, NY  10013

Deal Contact:               Karen Schluter        Citibank, N.A.
karen.schluter@citigroup.com                      Agency and
                                                  Trust
                                                  388 Greenwich
Tel: (212) 816-5827                               Street, 14th
                                                  Floor
Fax: (212) 816-5527                               New York, NY
                                                  10013

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                            www.sf.citidirect.com 2004 Citigroup

STRUCTURED ASSET SECURITIES CORP MORT PASS THRU SER 2004-5H 8-K