
                                    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):
                            (Date of earliest event reported)

            Financial Asset Securities Corporation (as Depositor under the
               Pooling and Servicing Agreement, dated as August 1, 2004,
              providing for the issuance of Finance America Mortgage Loan
              Trust Series 2004-2 Asset-Backed Certificates, Series 2004-2)
                 (Exact name of registrant as specified in charter)

                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-111379-21                          06-1442101
          (Commission File Number)        (I.R.S. Employer Identification No.)


               600 Steamboat Road
               Greenwich, Connecticut                    06830
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (203) 625-2700


         (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(b) under the Exchange Act
(17 CFR 240.14a-12(b))

[  ] 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))


     Item 8.01  Other Events

     Attached hereto is a copy of the Monthly Remittance Statements to the
     Certificateholders which was derived from the monthly information
     submitted by the Master Servicer of the Trust to the Trustee.


     Item 9.01 Financial Statements and Exhibits

     (c) Exhibits:

     Exhibit No. Description

     99.1 Monthly Remittance Statement to the Certificateholders dated as of
     .

                                    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.

                                   Deutsche Bank National Trust Company,
                                  in its capacity as Trustee under the
                                  Pooling and Servicing Agreement on
                                  behalf of Financial Asset Securities
                                  Corporation, Registrant


          Date:  Sep 27, 2004               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

          99.1 Monthly Remittance Statement to the Certificateholders
          dated as of .



Finance America Mortgage Loan Trust 2004-2

Asset Backed Certificates
Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				Greenwich Capital Financial Products, In						1. Certificate Payment Report					2
				Greenwich Capital Financial Products, In						2. Collection Account Report					6
										2. Collection Account Report					6
										3. Credit Enhancement Report					8
										4. Collateral Report					9
				Certificate Insurer(s)						5. Delinquency Report					12
				Certificate Insurer(s)						5. Delinquency Report					12
										6. REO Report					15

										7. Foreclosure Report					16
										8. Prepayment Report					17
										9. Prepayment Detail Report					20
										9. Prepayment Detail Report					20
										10. Realized Loss Report					22
										11. Realized Loss Detail Report					25
				Servicer(s)						11. Realized Loss Detail Report					25
				Servicer(s)						12. Triggers and Adj. Cert. Report					26
				HomeQ Servicing Corp.						12. Triggers and Adj. Cert. Report					26
				HomeQ Servicing Corp.						13. Additional Certificate Report					27
										13. Additional Certificate Report					27


				Underwriter(s)
				Greenwich Capital Markets


										Total Number of Pages					27
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			August 01, 2004			Eiko Akiyama
				Close Date:			August 06, 2004			Administrator
				First Distribution Date:			September 27, 2004			(714) 247-6328

										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92514
				Distribution Date:			September 27, 2004
										Factor Information:			(800) 735-7777
				Record Date:			August 31, 2004			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							September 24, 2004
							September 24, 2004

										https://www.corporatetrust.db.com/invr



Page 1 of 27
Finance America Mortgage Loan Trust 2004-2

Asset Backed Certificates
Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution
Certificate Payment Report
Current Period Distribution - REMIC II
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
	Class		Original		Principal						Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance


					(1)		(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)

I-A1	FLT	$	375,737,000.00		375,737,000.00		1,025,762.01		5,539,712.11		6,565,474.12		0.00		0.00		370,197,287.89
I-A1	FLT	$	375,737,000.00		375,737,000.00		1,025,762.01		5,539,712.11		6,565,474.12		0.00		0.00		370,197,287.89
II-A1	FLT	$	39,000,000.00		39,000,000.00		94,076.67		4,516,835.72		4,610,912.39		0.00		0.00		34,483,164.28
II-A2	FLT	$	123,400,000.00		123,400,000.00		329,752.22		0.00		329,752.22		0.00		0.00		123,400,000.00
II-A3	FLT	$	15,594,000.00		15,594,000.00		45,950.32		0.00		45,950.32		0.00		0.00		15,594,000.00
M-1	MEZ	$	26,452,000.00		26,452,000.00		79,855.65		0.00		79,855.65		0.00		0.00		26,452,000.00
M-2	MEZ	$	22,925,000.00		22,925,000.00		70,863.72		0.00		70,863.72		0.00		0.00		22,925,000.00
M-3	MEZ	$	15,871,000.00		15,871,000.00		50,205.26		0.00		50,205.26		0.00		0.00		15,871,000.00
M-4	MEZ	$	10,581,000.00		10,581,000.00		40,348.88		0.00		40,348.88		0.00		0.00		10,581,000.00
M-5	MEZ	$	14,108,000.00		14,108,000.00		55,836.33		0.00		55,836.33		0.00		0.00		14,108,000.00
M-6	MEZ	$	12,344,000.00		12,344,000.00		52,420.85		0.00		52,420.85		0.00		0.00		12,344,000.00
M-7	MEZ	$	10,581,000.00		10,581,000.00		51,047.45		0.00		51,047.45		0.00		0.00		10,581,000.00
M-8	MEZ	$	10,581,000.00		10,581,000.00		52,575.81		0.00		52,575.81		0.00		0.00		10,581,000.00
M-9	MEZ	$	8,817,000.00		8,817,000.00		64,187.76		0.00		64,187.76		0.00		0.00		8,817,000.00
B-1	MEZ	$	8,817,000.00		8,817,000.00		62,277.41		0.00		62,277.41		0.00		0.00		8,817,000.00
B-2	MEZ	$	5,290,000.00		5,290,000.00		37,365.03		0.00		37,365.03		0.00		0.00		5,290,000.00
C	SUB	$	5,290,200.41		5,290,200.41		1,722,049.94		0.00		1,722,049.94		0.00		211.84		5,290,412.25
P	EXE	$	100.00		100.00		16,373.93		0.00		16,373.93		0.00		0.00		100.00
R	R	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-X	R	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			705,388,300.41		705,388,300.41		3,850,949.24		10,056,547.83		13,907,497.07		0.00		211.84		695,331,964.42
Total





Page 2 of 27
Finance America Mortgage Loan Trust 2004-2

Asset Backed Certificates
Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution

Interest Accrual Detail Current Period Factor Information per $1,0000 of Original Face-
									Orig. Principal		Prior							Current
									Orig. Principal		Prior							Current
	Period		Period						(with Notional)		Principal						Total	Principal
	Period		Period
Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
I-A1	08/06/04		09/26/04		A-Act/360		317350AZ9		375,737,000.00		1,000.000000		2.730000		14.743590		17.473590	985.256410
II-A1	08/06/04		09/26/04		A-Act/360		317350BA3		39,000,000.00		1,000.000000		2.412222		115.816301		118.228523	884.183699
II-A2	08/06/04		09/26/04		A-Act/360		317350BB1		123,400,000.00		1,000.000000		2.672222		0.000000		2.672222	1,000.000000
II-A3	08/06/04		09/26/04		A-Act/360		317350BC9		15,594,000.00		1,000.000000		2.946667		0.000000		2.946667	1,000.000000
M-1	08/06/04		09/26/04		A-Act/360		317350BD7		26,452,000.00		1,000.000000		3.018889		0.000000		3.018889	1,000.000000
M-2	08/06/04		09/26/04		A-Act/360		317350BE5		22,925,000.00		1,000.000000		3.091111		0.000000		3.091111	1,000.000000
M-3	08/06/04		09/26/04		A-Act/360		317350BF2		15,871,000.00		1,000.000000		3.163333		0.000000		3.163333	1,000.000000
M-4	08/06/04		09/26/04		A-Act/360		317350BG0		10,581,000.00		1,000.000000		3.813333		0.000000		3.813333	1,000.000000
M-5	08/06/04		09/26/04		A-Act/360		317350BH8		14,108,000.00		1,000.000000		3.957778		0.000000		3.957778	1,000.000000
M-6	08/06/04		09/26/04		A-Act/360		317350BJ4		12,344,000.00		1,000.000000		4.246666		0.000000		4.246666	1,000.000000
M-7	08/06/04		09/26/04		A-Act/360		317350BK1		10,581,000.00		1,000.000000		4.824445		0.000000		4.824445	1,000.000000
M-8	08/06/04		09/26/04		A-Act/360		317350BL9		10,581,000.00		1,000.000000		4.968889		0.000000		4.968889	1,000.000000
M-9	08/06/04		09/26/04		A-Act/360		317350BM7		8,817,000.00		1,000.000000		7.280000		0.000000		7.280000	1,000.000000
B-1	08/06/04		09/26/04		A-Act/360		317350BN5		8,817,000.00		1,000.000000		7.063333		0.000000		7.063333	1,000.000000
B-2	08/06/04		09/26/04		A-Act/360		317350BP0		5,290,000.00		1,000.000000		7.063333		0.000000		7.063333	1,000.000000
C	08/06/04		09/24/04		A-30/360		GC04A2101		5,290,200.41		1,000.000000		325.516957		0.000000		325.516957	1,000.040044
P	08/06/04		09/24/04		A-30/360		GC04A2102		100.00		1,000.000000		163,739.300000		0.000000		163,739.300000	1,000.000000
R	08/06/04		09/24/04		A-30/360		GC04A2103		0.00		0.000000		0.000000		0.000000		0.000000	0.000000
R-X	08/06/04		09/24/04		A-30/360		GC04A2104		0.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 3 of 27
Finance America Mortgage Loan Trust 2004-2

Asset Backed Certificates
Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution

Distribution to Date - REMIC II
																	Current


	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
I-A1	375,737,000.00		1,025,762.01		5,183,305.76		356,406.35		5,539,712.11		6,565,474.12		0.00		0.00		370,197,287.89
II-A1	39,000,000.00		94,076.67		4,226,237.78		290,597.94		4,516,835.72		4,610,912.39		0.00		0.00		34,483,164.28
II-A2	123,400,000.00		329,752.22		0.00		0.00		0.00		329,752.22		0.00		0.00		123,400,000.00
II-A3	15,594,000.00		45,950.32		0.00		0.00		0.00		45,950.32		0.00		0.00		15,594,000.00
M-1	26,452,000.00		79,855.65		0.00		0.00		0.00		79,855.65		0.00		0.00		26,452,000.00
M-2	22,925,000.00		70,863.72		0.00		0.00		0.00		70,863.72		0.00		0.00		22,925,000.00
M-3	15,871,000.00		50,205.26		0.00		0.00		0.00		50,205.26		0.00		0.00		15,871,000.00
M-4	10,581,000.00		40,348.88		0.00		0.00		0.00		40,348.88		0.00		0.00		10,581,000.00
M-5	14,108,000.00		55,836.33		0.00		0.00		0.00		55,836.33		0.00		0.00		14,108,000.00
M-6	12,344,000.00		52,420.85		0.00		0.00		0.00		52,420.85		0.00		0.00		12,344,000.00
M-7	10,581,000.00		51,047.45		0.00		0.00		0.00		51,047.45		0.00		0.00		10,581,000.00
M-8	10,581,000.00		52,575.81		0.00		0.00		0.00		52,575.81		0.00		0.00		10,581,000.00
M-9	8,817,000.00		64,187.76		0.00		0.00		0.00		64,187.76		0.00		0.00		8,817,000.00
B-1	8,817,000.00		62,277.41		0.00		0.00		0.00		62,277.41		0.00		0.00		8,817,000.00
B-2	5,290,000.00		37,365.03		0.00		0.00		0.00		37,365.03		0.00		0.00		5,290,000.00
C	5,290,200.41		1,722,049.94		0.00		0.00		0.00		1,722,049.94		0.00		211.84		5,290,412.25
P	100.00		16,373.93		0.00		0.00		0.00		16,373.93		0.00		0.00		100.00
R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-X	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total	705,388,300.41		3,850,949.24		9,409,543.54		647,004.29		10,056,547.83		13,907,497.07		0.00		211.84		695,331,964.42



Page 4 of 27
Finance America Mortgage Loan Trust 2004-2

Asset Backed Certificates
Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution

Interest Detail - REMIC II
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or		Current
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or

	Through		(with Notional)		Accrued		Supported		Unpaid		Interest		Optimal		Deferred		Unpaid

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
I-A1	1.89000%		375,737,000.00		1,025,762.01		0.00		0.00		0.00		1,025,762.01		1,025,762.01		0.00
II-A1	1.67000%		39,000,000.00		94,076.67		0.00		0.00		0.00		94,076.67		94,076.67		0.00
II-A2	1.85000%		123,400,000.00		329,752.22		0.00		0.00		0.00		329,752.22		329,752.22		0.00
II-A3	2.04000%		15,594,000.00		45,950.32		0.00		0.00		0.00		45,950.32		45,950.32		0.00
M-1	2.09000%		26,452,000.00		79,855.65		0.00		0.00		0.00		79,855.65		79,855.65		0.00
M-2	2.14000%		22,925,000.00		70,863.72		0.00		0.00		0.00		70,863.72		70,863.72		0.00
M-3	2.19000%		15,871,000.00		50,205.26		0.00		0.00		0.00		50,205.26		50,205.26		0.00
M-4	2.64000%		10,581,000.00		40,348.88		0.00		0.00		0.00		40,348.88		40,348.88		0.00
M-5	2.74000%		14,108,000.00		55,836.33		0.00		0.00		0.00		55,836.33		55,836.33		0.00
M-6	2.94000%		12,344,000.00		52,420.85		0.00		0.00		0.00		52,420.85		52,420.85		0.00
M-7	3.34000%		10,581,000.00		51,047.45		0.00		0.00		0.00		51,047.45		51,047.45		0.00
M-8	3.44000%		10,581,000.00		52,575.81		0.00		0.00		0.00		52,575.81		52,575.81		0.00
M-9	3.76368%		8,817,000.00		47,932.92		0.00		0.00		0.00		47,932.92		64,187.76		0.00
B-1	3.76368%		8,817,000.00		47,932.92		0.00		0.00		0.00		47,932.92		62,277.41		0.00
B-2	3.76368%		5,290,000.00		28,758.66		0.00		0.00		0.00		28,758.66		37,365.03		0.00
C	239.18474%		5,290,200.41		234,418.96		0.00		0.00		0.00		234,418.96		1,722,261.78		0.00
P	120,298.26122%		100.00		0.00		0.00		0.00		0.00		0.00		16,373.93		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-X	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			705,388,300.41		2,307,738.63		0.00		0.00		0.00		2,307,738.63		3,851,161.08		0.00



Page 5 of 27
Finance America Mortgage Loan Trust 2004-2

Asset Backed Certificates
Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution
Collection Account Report
SUMMARY
SUMMARY
										Group 2		Group 1		Total
Principal Collections										4,516,740.57		5,539,595.42		10,056,335.99
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										4,516,740.57		5,539,595.42		10,056,335.99
Interest Collections										1,189,379.88		2,659,748.46		3,849,128.33
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts										0.00		0.00		16,373.93
Interest Fees										-2,970.75		-11,370.43		-14,341.18
TOTAL NET INTEREST										1,186,409.13		2,648,378.03		3,851,161.08
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										5,703,149.69		8,187,973.45		13,907,497.07



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											201,103.83		445,900.47		647,004.30
Curtailments											997,081.97		-346,853.11		650,228.86
Prepayments In Full											3,318,554.77		5,440,548.06		8,759,102.83
Repurchased/Substitutions											0.00		0.00		0.00
Liquidations											0.00		0.00		0.00
Other Additional Principal											0.00		0.00		0.00
Delinquent Principal											-199,403.30		-428,188.99		-627,592.29
Realized Losses											-0.00		-0.00		-0.00
Advanced Principal											199,403.30		428,188.99		627,592.29
TOTAL PRINCIPAL COLLECTED											4,516,740.57		5,539,595.42		10,056,335.99


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS
PRINCIPAL - OTHER ACCOUNTS
										Group 2		Group 1		Total
TOTAL PRINCIPAL OTHER ACCOUNTS										0.00		0.00		0.00





Page 6 of 27
Finance America Mortgage Loan Trust 2004-2

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Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										1,281,565.54		2,849,249.57		4,130,815.11
Repurchased/Substitution Interest										0.00		0.00		0.00
Liquidation Interest										0.00		0.00		0.00
Other Additional Interest										0.00		0.00		0.00
Prepayment Interest Shortfalls										-0.00		-0.00		-0.00
Delinquent Interest										-1,250,489.34		-2,712,331.32		-3,962,820.66
Compensating Interest										0.00		0.00		0.00
Civil Relief Act Shortfalls										-0.00		-0.00		-0.00
Interest Advanced										1,158,303.68		2,522,830.21		3,681,133.88
TOTAL INTEREST COLLECTED										1,189,379.88		2,659,748.46		3,849,128.33


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
										Group 2		Group 1		Total
TOTAL INTEREST WITHDRAWALS										0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
										Group 2		Group 1		Total
Prepayment Charges										0.00		0.00		16,373.93
TOTAL INTEREST OTHER ACCOUNTS										0.00		0.00		16,373.93



INTEREST - FEES
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										2,290.52		9,934.49		12,225.01
Trustee Fees										680.23		1,435.94		2,116.17
TOTAL INTEREST FEES										2,970.75		11,370.43		14,341.18




Page 7 of 27
Finance America Mortgage Loan Trust 2004-2

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Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution
Credit Enhancement Report

ACCOUNTS


Net WAC Rate Carryover Reserve Account

Initial Deposit						0.00
Begining Balance						39,205.70
Amount Withdrawn						39,205.70
Ending Balance						0.00




INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
										Group 2		Group 1		Total
Overcollateralization Amount														5,290,200.41
Overcollateralization Target Amount														5,290,412.25
Overcollateralization Deficiency Amount														211.84
Overcollateralization Release Amount														0.00



Page 8 of 27
Finance America Mortgage Loan Trust 2004-2

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Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



*Loan Count:*


Original										628		3,276		3,904
Prior										628		3,276		3,904
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-11		-34		-45
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										617		3,242		3,859
*Principal Balance:*


Original										226,742,847.53		478,645,452.88		705,388,300.41
Prior										226,742,847.53		478,645,452.88		705,388,300.41
Prefunding										0.00		0.00		0.00
Scheduled Principal										-201,103.83		-445,900.47		-647,004.30
Partial Prepayments										-997,081.97		(346,853.11)		-650,228.86
Full Voluntary Prepayments										-3,318,554.77		-5,440,548.06		-8,759,102.83
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										222,226,106.96		473,105,857.46		695,331,964.42





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 9 of 27
Finance America Mortgage Loan Trust 2004-2

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REMIC 2004-2

September 27, 2004 Distribution

CHARACTERISTICS
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										6.78248%		7.14328%		7.02730%
Weighted Average Coupon Prior										6.78248%		7.14328%		7.02730%
Weighted Average Coupon Current										6.78248%		7.14328%		7.02730%
Weighted Average Months to Maturity Original										347		350		349
Weighted Average Months to Maturity Prior										347		350		349
Weighted Average Months to Maturity Current										347		350		349
Weighted Avg Remaining Amortization Term Original										347		350		349
Weighted Avg Remaining Amortization Term Prior										347		350		349
Weighted Avg Remaining Amortization Term Current										347		350		349
Weighted Average Seasoning Original										3.25		3.20		3.21
Weighted Average Seasoning Prior										3.25		3.20		3.21
Weighted Average Seasoning Current										3.25		3.20		3.21









Page 10 of 27
Finance America Mortgage Loan Trust 2004-2

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Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										6.16843%		6.15195%		6.15728%
Weighted Average Margin Prior										6.16843%		6.15195%		6.15728%
Weighted Average Margin Current										6.16843%		6.15195%		6.15728%
Weighted Average Max Rate Original										12.64176%		13.15766%		12.99096%
Weighted Average Max Rate Prior										12.64176%		13.15766%		12.99096%
Weighted Average Max Rate Current										12.64176%		13.15766%		12.99096%
Weighted Average Min Rate Original										6.64176%		7.03852%		6.91031%
Weighted Average Min Rate Prior										6.64176%		7.03852%		6.91031%
Weighted Average Min Rate Current										6.64176%		7.03852%		6.91031%
Weighted Average Cap Up Original										1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Prior										1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Current										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Original										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Prior										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Current										1.00000%		1.00000%		1.00000%




SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										2,290.52		9,934.49		12,225.01
Delinquent Servicing Fees										92,185.66		189,501.11		281,686.77
TOTAL SERVICING FEES										94,476.19		199,435.61		293,911.80


Total Servicing Fees										94,476.19		199,435.61		293,911.80
Compensating Interest										-0.00		-0.00		-0.00
Delinquent Servicing Fees										-92,185.66		-189,501.11		-281,686.77
COLLECTED SERVICING FEES										2,290.52		9,934.50		12,225.02


Total Advaced Interest										1,158,303.68		2,522,830.21		3,681,133.88
Total Advaced Principal										199,403.30		428,188.99		627,592.29
Aggregate Advances with respect to this Distribution										270,811.62		576,078.62		846,890.24





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)										0.00		0.00		0.00
Net Prepayment Interest Shortfall (PPIS)										0.00		0.00		0.00
Compensating Interest										-0.00		-0.00		-0.00

Weighted Average Net Mortgage Rate														6.551559%
Libor For Current Period														1.5400%




Page 11 of 27
Finance America Mortgage Loan Trust 2004-2

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REMIC 2004-2

September 27, 2004 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				5,422,689.45		1,121,842.65		0.00		6,544,532.10
			% Balance				0.78%		0.16%		0.00%		0.94%
			# Loans				43		11		0		54
			% # Loans				1.11%		0.29%		0.00%		1.40%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		5,422,689.45		1,121,842.65		0.00		6,544,532.10
			% Balance		0.00%		0.78%		0.16%		0.00%		0.94%
			# Loans		0		43		11		0		54
			% # Loans		0.00%		1.11%		0.29%		0.00%		1.40%









Page 12 of 27
Finance America Mortgage Loan Trust 2004-2

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REMIC 2004-2

September 27, 2004 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				4,655,568.61		703,319.28		0.00		5,358,887.89
			% Balance				0.98%		0.15%		0.00%		1.13%
			# Loans				37		9		0		46
			% # Loans				1.14%		0.28%		0.00%		1.42%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		4,655,568.61		703,319.28		0.00		5,358,887.89
			% Balance		0.00%		0.98%		0.15%		0.00%		1.13%
			# Loans		0		37		9		0		46
			% # Loans		0.00%		1.14%		0.28%		0.00%		1.42%










Page 13 of 27
Finance America Mortgage Loan Trust 2004-2

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Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				767,120.84		418,523.37		0.00		1,185,644.21
			% Balance				0.35%		0.19%		0.00%		0.53%
			# Loans				6		2		0		8
			% # Loans				0.97%		0.32%		0.00%		1.30%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		767,120.84		418,523.37		0.00		1,185,644.21
			% Balance		0.00%		0.35%		0.19%		0.00%		0.53%
			# Loans		0		6		2		0		8
			% # Loans		0.00%		0.97%		0.32%		0.00%		1.30%









Page 14 of 27
Finance America Mortgage Loan Trust 2004-2

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Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution
REO Report
Loan Number			Original		Stated				Current		State &

														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
SPACE INTENTIONALLY LEFT BLANK
SPACE INTENTIONALLY LEFT BLANK



TOTAL



Page 15 of 27
Finance America Mortgage Loan Trust 2004-2

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Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution
Foreclosure Report
Loan Number			Original		Stated				Current		State &

														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date




TOTAL



Page 16 of 27
Finance America Mortgage Loan Trust 2004-2

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Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

											Group 2		Group 1		Total




*Current*


Number of Paid in Full Loans										11		34		45
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										11		34		45
Curtailments Amount										997,081.97		-346,853.11		650,228.86
Paid in Full Balance										3,318,554.77		5,440,548.06		8,759,102.83
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										4,315,636.74		5,093,694.95		9,409,331.69

*Cumulative*


Number of Paid in Full Loans										11		34		45
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										11		34		45
Paid in Full Balance										3,318,554.77		5,440,548.06		8,759,102.83
Repurchased Loans Balance										0.00		0.00		0.00
Curtailments Amount										997,081.97		-346,853.11		650,228.86
Total Prepayment Amount										4,315,636.74		5,093,694.95		9,409,331.69










Page 17 of 27
Finance America Mortgage Loan Trust 2004-2

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Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

											Group 2		Group 1		Total



SMM										1.91%		1.07%		1.34%
3 Months Avg SMM										1.91%		1.07%		1.34%
12 Months Avg SMM										1.91%		1.07%		1.34%
Avg SMM Since Cut-off										1.91%		1.07%		1.34%


CPR										20.61%		12.06%		14.90%
3 Months Avg CPR										20.61%		12.06%		14.90%
12 Months Avg CPR										20.61%		12.06%		14.90%
Avg CPR Since Cut-off										20.61%		12.06%		14.90%


PSA										3,173.87%		1,886.01%		2,318.11%
3 Months Avg PSA Approximation										3,173.88%		1,886.01%		2,318.11%
12 Months Avg PSA Approximation										3,173.88%		1,886.01%		2,318.11%
Avg PSA Since Cut-off Approximation										3,173.88%		1,886.01%		2,318.11%










Page 18 of 27
Finance America Mortgage Loan Trust 2004-2

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Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution






PREPAYMENT CALCULATION METHODOLOGY

	Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal)

	Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)
	PSA Standard Prepayment Model: CPR/(0.002*min(30,WAS))
	PSA Standard Prepayment Model: CPR/(0.002*min(30,WAS))
	Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)(1-SMMn+1)...*(1-SMMm)]^(1/months in period n,m)
	Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)

	Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m))
	Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m)

	Weighted Average Seasoning (WAS)

	Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.
	Dates correspond to distribution dates.




Page 19 of 27
Finance America Mortgage Loan Trust 2004-2

Asset Backed Certificates
Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

36977825 1			123,642.00		123,342.69			31-Aug-2004		7.115%		NJ - 61.51%		Paid Off - 360		01-May-2004
36977825 1			123,642.00		123,342.69			31-Aug-2004		7.115%		NJ - 61.51%		Paid Off - 360		01-May-2004
36997302 1			41,295.00		40,790.15			31-Aug-2004		7.490%		NJ - 82.06%		Paid Off - 180		01-May-2004
40052383 1			311,041.00		310,357.24			31-Aug-2004		5.490%		MN - 77.76%		Paid Off - 360		01-Jun-2004
40079014 1			243,200.00		242,567.06			31-Aug-2004		6.740%		CA - 80.00%		Paid Off - 360		01-Jun-2004
40079295 2			60,800.00		60,730.56			31-Aug-2004		10.740%		CA - 100.00%		Paid Off - 180		01-Jun-2004
40106338 1			180,204.00		180,041.10			31-Aug-2004		6.500%		NJ - 87.06%		Paid Off - 360		01-Jul-2004
40111262 1			70,000.00		69,844.41			31-Aug-2004		7.540%		MI - 73.68%		Paid Off - 360		01-Jun-2004
40111387 1			25,000.00		24,818.21			31-Aug-2004		10.040%		MI - 100.00%		Paid Off - 180		01-Jun-2004
40127490 1			121,785.00		121,685.15			31-Aug-2004		6.999%		IL - 79.08%		Paid Off - 360		01-Jul-2004
40130213 2			33,000.00		32,767.36			31-Aug-2004		10.380%		MA - 100.00%		Paid Off - 180		01-Jun-2004
40138976 1			83,340.00		83,202.13			31-Aug-2004		8.990%		FL - 90.00%		Paid Off - 360		01-Jun-2004
40141335 2			81,000.00		80,876.48			31-Aug-2004		7.380%		MI - 90.00%		Paid Off - 360		01-Jul-2004
40143067 2			535,000.00		534,492.37			31-Aug-2004		6.250%		OH - 76.43%		Paid Off - 360		01-Aug-2004
40145674 1			558,000.00		557,080.75			31-Aug-2004		6.990%		CA - 80.00%		Paid Off - 360		01-Jul-2004
40146565 1			36,000.00		35,926.92			31-Aug-2004		7.990%		IL - 90.00%		Paid Off - 360		01-Jun-2004
40150211 2			414,000.00		413,441.45			31-Aug-2004		7.990%		CA - 90.00%		Paid Off - 360		01-Jul-2004
40153298 1			192,600.00		192,340.15			31-Aug-2004		7.990%		IL - 90.00%		Paid Off - 360		01-Jul-2004
40157364 1			44,887.00		44,799.91			31-Aug-2004		8.215%		MI - 95.00%		Paid Off - 360		01-Jun-2004
40157513 1			180,500.00		180,048.24			31-Aug-2004		6.940%		MI - 95.00%		Paid Off - 360		01-Jun-2004
40159865 1			216,000.00		215,665.33			31-Aug-2004		7.300%		IL - 90.00%		Paid Off - 360		01-Jul-2004
40160970 1			185,678.00		185,536.43			31-Aug-2004		7.365%		MD - 89.27%		Paid Off - 360		01-Jul-2004
40163339 1			39,980.00		39,929.17			31-Aug-2004		10.240%		FL - 100.00%		Paid Off - 180		01-Jun-2004
40165169 2			353,000.00		352,312.71			31-Aug-2004		6.130%		CA - 84.05%		Paid Off - 360		01-Jul-2004
40166449 2			520,000.00		519,224.22			31-Aug-2004		7.490%		NY - 80.00%		Paid Off - 360		01-Jul-2004
40167587 2			340,000.00		339,398.98			31-Aug-2004		6.630%		CA - 74.73%		Paid Off - 360		01-Jul-2004
40169153 1			114,000.00		113,838.24			31-Aug-2004		7.740%		WA - 95.00%		Paid Off - 360		01-Jul-2004
40180325 1			161,500.00		161,155.15			31-Aug-2004		7.740%		NC - 93.95%		Paid Off - 360		01-Jun-2004
40190274 1			92,992.00		92,932.64			31-Aug-2004		8.245%		NJ - 73.22%		Paid Off - 360		01-Jul-2004
40198913 1			54,200.00		54,175.79			31-Aug-2004		9.955%		AZ - 100.00%		Paid Off - 180		01-Aug-2004
40203226 1			142,500.00		142,082.76			31-Aug-2004		6.130%		WA - 95.00%		Paid Off - 360		01-Jun-2004
40212565 1			40,000.00		39,701.26			31-Aug-2004		10.265%		IA - 57.97%		Paid Off - 180		01-Jun-2004
40213621 1			244,800.00		244,238.29			31-Aug-2004		7.380%		OR - 90.00%		Paid Off - 360		01-Jun-2004
40230591 1			199,977.00		199,795.86			31-Aug-2004		6.490%		IL - 79.99%		Paid Off - 360		01-Jul-2004
40235848 1			176,250.00		175,993.55			31-Aug-2004		7.615%		MD - 75.00%		Paid Off - 360		01-Jul-2004
40243149 2			394,155.00		393,461.64			31-Aug-2004		6.655%		IL - 95.00%		Paid Off - 360		01-Jul-2004
40244444 1			261,500.00		261,268.16			31-Aug-2004		6.600%		IL - 79.24%		Paid Off - 360		01-Aug-2004
40270373 2			543,750.00		543,269.32			31-Aug-2004		6.615%		NJ - 75.00%		Paid Off - 360		01-Aug-2004
40270373 2			543,750.00		543,269.32			31-Aug-2004		6.615%		NJ - 75.00%		Paid Off - 360		01-Aug-2004



Page 20 of 27
Finance America Mortgage Loan Trust 2004-2

Asset Backed Certificates
Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

40276123 1			184,000.00		183,694.34			31-Aug-2004		7.400%		CA - 80.00%		Paid Off - 360		01-Jul-2004
40276123 1			184,000.00		183,694.34			31-Aug-2004		7.400%		CA - 80.00%		Paid Off - 360		01-Jul-2004
40286585 1			148,500.00		148,384.04			31-Aug-2004		7.245%		MD - 90.00%		Paid Off - 360		01-Aug-2004
40291817 1			280,260.00		280,043.54			31-Aug-2004		7.300%		VA - 90.00%		Paid Off - 360		01-Aug-2004
40292344 1			135,000.00		134,914.44			31-Aug-2004		8.280%		NJ - 70.31%		Paid Off - 360		01-Aug-2004
40299828 1			297,500.00		297,014.71			31-Aug-2004		7.040%		UT - 85.00%		Paid Off - 360		01-Jul-2004
40316440 1			136,000.00		135,777.06			31-Aug-2004		7.015%		FL - 80.00%		Paid Off - 360		01-Jul-2004
40321143 1			127,750.00		127,563.19			31-Aug-2004		7.590%		AZ - 35.00%		Paid Off - 360		01-Jul-2004
40357816 2			48,600.00		48,579.68			31-Aug-2004		10.265%		CO - 99.84%		Paid Off - 180		01-Aug-2004


TOTAL			8,773,186.00		8,759,102.83
TOTAL


Page 21 of 27
Finance America Mortgage Loan Trust 2004-2

Asset Backed Certificates
Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



											Group 2		Group 1		Total


*Current*
*Current*



Number of Loans Liquidated										0		0		0
Collateral Principal Realized Loss/(Gain) Amount										0.00		0.00		0.00
Collateral Interest Realized Loss/(Gain) Amount										0.00		0.00		0.00
Net Liquidation Proceeds										0.00		0.00		0.00

*Cumulative*
*Cumulative*



Number of Loans Liquidated										0		0		0
Collateral Realized Loss/(Gain) Amount										0.00		0.00		0.00
Net Liquidation Proceeds										0.00		0.00		0.00










Page 22 of 27
Finance America Mortgage Loan Trust 2004-2

Asset Backed Certificates
Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution


DEFAULT SPEEDS



											Group 2		Group 1		Total



MDR										0.00%		0.00%		0.00%
3 Months Avg MDR										0.00%		0.00%		0.00%
12 Months Avg MDR										0.00%		0.00%		0.00%
Avg MDR Since Cut-off										0.00%		0.00%		0.00%


CDR										0.00%		0.00%		0.00%
3 Months Avg CDR										0.00%		0.00%		0.00%
12 Months Avg CDR										0.00%		0.00%		0.00%
Avg CDR Since Cut-off										0.00%		0.00%		0.00%


SDA										0.00%		0.00%		0.00%
3 Months Avg SDA Approximation										0.00%		0.00%		0.00%
12 Months Avg SDA Approximation										0.00%		0.00%		0.00%
Avg SDA Since Cut-off Approximation										0.00%		0.00%		0.00%


Loss Severity Approximation for Current Period										0.00%		0.00%		0.00%
3 Months Avg Loss Severity Approximation										0.00%		0.00%		0.00%
12 Months Avg Loss Severity Approximation										0.00%		0.00%		0.00%
Avg Loss Severity Approximation Since Cut-off										0.00%		0.00%		0.00%












Page 23 of 27
Finance America Mortgage Loan Trust 2004-2

Asset Backed Certificates
Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution





COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
	Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)



	Conditional Default Rate (CDR): 1-((1-MDR)^12)

	SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))

	Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)(1-MDRn+1)...*(1-MDRm)]^(1/months in period n,m)
	Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)

	Average SDA Approximation over period between the nth month and mth month:
	AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))

	Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
	Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

	Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)

	Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
	Dates correspond to distribution dates.




Page 24 of 27
Finance America Mortgage Loan Trust 2004-2

Asset Backed Certificates
Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution
Realized Loss Detail Report
Loan Number			Original		Prior				Current		State &

														First
&			Principal		Principal		Realized		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Loss/(Gain)		Rate		Origination		Term		Date

SPACE INTENTIONALLY LEFT BLANK
SPACE INTENTIONALLY LEFT BLANK



TOTAL



Page 25 of 27
Finance America Mortgage Loan Trust 2004-2

Asset Backed Certificates
Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
										Group 2		Group 1		Total
Has Stepdown Condition Occurred (0=No,1=Yes)														0
Has Trigger Event Occured (0=No,1=Yes)														0



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Senior Enhancement Percentage														21.810762%




Page 26 of 27
Finance America Mortgage Loan Trust 2004-2

Asset Backed Certificates
Asset Backed Certificates
REMIC 2004-2

September 27, 2004 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

													NET WAC Shortfall CarryOver		NET WAC Shortfall Paid
CLASS

			I-A1										$0.00		$0.00
													$0.00		$0.00
			II-A1										$0.00		$0.00
													$0.00		$0.00
			II-A2										$0.00		$0.00
													$0.00		$0.00
			II-A3										$0.00		$0.00
													$0.00		$0.00
			M-1										$0.00		$0.00
													$0.00		$0.00
			M-2										$0.00		$0.00
													$0.00		$0.00
			M-3										$0.00		$0.00
													$0.00		$0.00
			M-4										$0.00		$0.00
													$0.00		$0.00
			M-5										$0.00		$0.00
													$0.00		$0.00
			M-6										$0.00		$0.00
													$0.00		$0.00
			M-7										$0.00		$0.00
													$0.00		$0.00
			M-8										$0.00		$0.00
													$0.00		$0.00
			M-9										$0.00		#######
													$0.00		#######
			B-1										$0.00		#######
													$0.00		#######
			B-2										$0.00		#######
													$0.00		#######






Page 27 of 27

FINANCE AMERICA MORTGAGE LOAN TRUST 2004-2 8-K