8-K 1 hma04002_aug.txt AUGUST 8-K 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): August 25, 2004 HOMESTAR MORTGAGE ACCEPTANCES CORP. Asset Backed Pass-Through Certificates, Series 2004-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-107563-02 Pooling and Servicing Agreement) (Commission 54-2154071 (State or other File Number) 54-2154072 jurisdiction IRS EIN of Incorporation) 9062 Old Annpolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On August 25, 2004 a distribution was made to holders of HOMESTAR MORTGAGE ACCEPTANCES CORP., Asset Backed Pass-Through Certificates, Series 2004-2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2004-2 Trust, relating to the August 25, 2004 distribution. 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. HOMESTAR MORTGAGE ACCEPTANCES CORP. Asset Backed Pass-Through Certificates, Series 2004-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/1/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2004-2 Trust, relating to the August 25, 2004 distribution. EX-99.1

Homestar Mortgage Acceptance Corp Mortgage Pass-Through Certificates Record Date: 67/3031/042004 Distribution Date: 78/2625/042004 HMAC Series: 2004-2 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 AV-1 437690AL4 SEN 1.~~65000~~80000% ~~319~~315,~~067~~219,~~674~~274.7515 ~~453~~472,~~341~~828.9991 32,~~848~~748,~~400~~821.6068 AV-2 437690AM2 SEN 1.~~73000~~88000% 35,~~452~~025,~~951~~339.2427 5254,~~815~~873.0503 ~~427~~305,~~611~~433.9814 M-1 437690AN0 MEZ 12.~~88000~~03000% 11,651,000.00 1819,~~861~~709.6761 0.00 M-2 437690AP5 MEZ 2.~~65000~~80000% 8,156,000.00 1819,~~611~~030.5467 0.00 M-3 437690AQ3 MEZ 23.~~95000~~10000% 3,495,000.00 89,~~878~~028.2775 0.00 M-4 437690AR1 MEZ 3.~~50000~~65000% 1,942,000.00 5,~~852~~906.9792 0.00 M-5 437690AS9 MEZ 34.~~95000~~10000% 2,330,000.00 7,~~925~~960.2483 0.00 C HMA04002C OC 0.00000% 1,747,680.96 1,~~119~~075,~~033~~648.4724 0.00 P HMA04002P Prepay 0.00000% 100.00 ~~9,438~~0.6400 0.00 R HMA0402R1 RES 0.00000% 0.00 0.00 0.00 Totals ~~383~~379,~~842~~566,~~406~~394.9538 1,~~694~~664,~~758~~986.8496 43,~~276~~054,~~012~~254.5882

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses AV-1 0.00 ~~315~~312,~~219~~470,~~274~~452.1547 43,~~301~~221,~~742~~650.59 0.00 AV-2 0.00 3534,~~025~~719,~~339~~906.2713 ~~480~~360,~~427~~306.0317 0.00 M-1 0.00 11,651,000.00 1819,~~861~~709.6761 0.00 M-2 0.00 8,156,000.00 1819,~~611~~030.5467 0.00 M-3 0.00 3,495,000.00 89,~~878~~028.2775 0.00 M-4 0.00 1,942,000.00 5,~~852~~906.9792 0.00 M-5 0.00 2,330,000.00 7,~~925~~960.2483 0.00 C 0.00 1,747,680.96 1,~~119~~075,~~033~~648.4724 0.00 P 0.00 100.00 ~~9,438~~0.6400 0.00 R 0.00 0.00 0.00 0.00 Totals 0.00 ~~379~~376,~~566~~512,~~394~~139.3856 54,~~970~~719,~~771~~241.4278 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) AV-1 323,145,000.00 ~~319~~315,~~067~~219,~~674~~274.7515 0.00 32,~~848~~748,~~400~~821.6068 0.00 0.00 AV-2 35,906,000.00 35,~~452~~025,~~951~~339.2427 0.00 ~~427~~305,~~611~~433.9814 0.00 0.00 M-1 11,651,000.00 11,651,000.00 0.00 0.00 0.00 0.00 M-2 8,156,000.00 8,156,000.00 0.00 0.00 0.00 0.00 M-3 3,495,000.00 3,495,000.00 0.00 0.00 0.00 0.00 M-4 1,942,000.00 1,942,000.00 0.00 0.00 0.00 0.00 M-5 2,330,000.00 2,330,000.00 0.00 0.00 0.00 0.00 C 1,748,447.55 1,747,680.96 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 388,373,547.55 ~~383~~379,~~842~~566,~~406~~394.9538 0.00 43,~~276~~054,~~012~~254.5882 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.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution AV-1 32,~~848~~748,~~400~~821.6068 ~~315~~312,~~219~~470,~~274~~452.1547 0.~~97547316~~96696669 32,~~848~~748,~~400~~821.6068 AV-2 ~~427~~305,~~611~~433.9814 3534,~~025~~719,~~339~~906.2713 0.~~97547316~~96696669 ~~427~~305,~~611~~433.9814 M-1 0.00 11,651,000.00 1.00000000 0.00 M-2 0.00 8,156,000.00 1.00000000 0.00 M-3 0.00 3,495,000.00 1.00000000 0.00 M-4 0.00 1,942,000.00 1.00000000 0.00 M-5 0.00 2,330,000.00 1.00000000 0.00 C 0.00 1,747,680.96 0.99956156 0.00 P 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 43,~~276~~054,~~012~~254.5882 ~~379~~376,~~566~~512,~~394~~139.3856 0.~~97732298~~96945876 43,~~276~~054,~~012~~254.5882

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion AV-1 323,145,000.00 ~~987~~975.~~38236628~~47315957 0.00000000 118.~~90920670~~50646515 0.00000000 AV-2 35,906,000.00 ~~987~~975.~~38236618~~47315964 0.00000000 118.~~90920682~~50646521 0.00000000 M-1 11,651,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 8,156,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 3,495,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 1,942,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 2,330,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 1,748,447.55 999.56155962 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution AV-1 0.00000000 118.~~90920670~~50646515 ~~975~~966.~~47315957~~96669443 0.~~97547316~~96696669 118.~~90920670~~50646515 AV-2 0.00000000 118.~~90920682~~50646521 ~~975~~966.~~47315964~~96669442 0.~~97547316~~96696669 118.~~90920682~~50646521 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 999.56155962 0.99956156 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall AV-1 323,145,000.00 1.~~65000~~80000% ~~319~~315,~~067~~219,~~674~~274.7515 ~~453~~472,~~341~~828.9991 0.00 0.00 AV-2 35,906,000.00 1.~~73000~~88000% 35,~~452~~025,~~951~~339.2427 5254,~~815~~873.0503 0.00 0.00 M-1 11,651,000.00 12.~~88000~~03000% 11,651,000.00 1819,~~861~~709.6761 0.00 0.00 M-2 8,156,000.00 2.~~65000~~80000% 8,156,000.00 1819,~~611~~030.5467 0.00 0.00 M-3 3,495,000.00 23.~~95000~~10000% 3,495,000.00 89,~~878~~028.2775 0.00 0.00 M-4 1,942,000.00 3.~~50000~~65000% 1,942,000.00 5,~~852~~906.9792 0.00 0.00 M-5 2,330,000.00 34.~~95000~~10000% 2,330,000.00 7,~~925~~960.2483 0.00 0.00 C 1,748,447.55 0.00000% 1,747,680.96 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 388,373,547.55 ~~566~~589,~~286~~338.7372 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance AV-1 0.00 0.00 ~~453~~472,~~341~~828.9991 0.00 ~~315~~312,~~219~~470,~~274~~452.1547 AV-2 0.00 0.00 5254,~~815~~873.0503 0.00 3534,~~025~~719,~~339~~906.2713 M-1 0.00 0.00 1819,~~861~~709.6761 0.00 11,651,000.00 M-2 0.00 0.00 1819,~~611~~030.5467 0.00 8,156,000.00 M-3 0.00 0.00 89,~~878~~028.2775 0.00 3,495,000.00 M-4 0.00 0.00 5,~~852~~906.9792 0.00 1,942,000.00 M-5 0.00 0.00 7,~~925~~960.2483 0.00 2,330,000.00 C 0.00 0.00 1,~~119~~075,~~033~~648.4724 0.00 1,747,680.96 P 0.00 0.00 ~~9,438~~0.6400 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 1,~~694~~664,~~758~~986.8496 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.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall AV-1 323,145,000.00 1.~~65000~~80000% ~~987~~975.~~38236628~~47315957 1.~~40290579~~46320974 0.00000000 0.00000000 AV-2 35,906,000.00 1.~~73000~~88000% ~~987~~975.~~38236618~~47315964 1.~~47092547~~52824124 0.00000000 0.00000000 M-1 11,651,000.00 12.~~88000~~03000% 1000.00000000 1.~~61888851~~69166681 0.00000000 0.00000000 M-2 8,156,000.00 2.~~65000~~80000% 1000.00000000 2.~~28194458~~33333374 0.00000000 0.00000000 M-3 3,495,000.00 23.~~95000~~10000% 1000.00000000 2.~~54027754~~58333333 0.00000000 0.00000000 M-4 1,942,000.00 3.~~50000~~65000% 1000.00000000 3.~~01388774~~04166838 0.00000000 0.00000000 M-5 2,330,000.00 34.~~95000~~10000% 1000.00000000 3.~~40139056~~41666524 0.00000000 0.00000000 C 1,748,447.55 0.00000% 999.56155962 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance AV-1 0.00000000 0.00000000 1.~~40290579~~46320974 0.00000000 ~~975~~966.~~47315957~~96669443 AV-2 0.00000000 0.00000000 1.~~47092547~~52824124 0.00000000 ~~975~~966.~~47315964~~96669442 M-1 0.00000000 0.00000000 1.~~61888851~~69166681 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.~~28194458~~33333374 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 2.~~54027754~~58333333 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.~~01388774~~04166838 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 3.~~40139056~~41666524 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~640~~615.~~01546400~~20189153 0.00000000 999.56155962 P 0.00000000 0.00000000 ~~94386~~0.~~40000000~~00000000 0.00000000 1000.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 64,~~026~~789,~~048~~414.5070 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 3252,~~335~~330.2248 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties ~~9,438~~0.6400 Total Deposits 64,~~067~~841,~~822~~745.3618 Withdrawals Reimbursement for Servicer Advances 532,~~889~~335.9522 Payment of Service Fee 9190,~~160~~168.9918 Payment of Interest and Principal 54,~~970~~719,~~771~~241.4278 Total Withdrawals (Pool Distribution Amount) 64,~~067~~841,~~822~~745.3618 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 8786,~~162~~214.6434 Master Servicing Fee 3,~~998~~953.3584 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 9190,~~160~~168.9918

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 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2628 0 0 0 2628 56,~~680~~439,~~562~~259.2802 0.00 0.00 0.00 56,~~680~~439,~~562~~259.2802 60 Days 012 0 0 0 012 02,247,506.0074 0.00 0.00 0.00 02,247,506.0074 90 Days 01 0 0 0 01 0208,000.00 0.00 0.00 0.00 0208,000.00 120 Days 01 0 0 0 01 0188,800.00 0.00 0.00 0.00 0188,800.00 150 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 2642 0 0 0 2642 59,~~680~~083,~~562~~565.2876 0.00 0.00 0.00 59,~~680~~083,~~562~~565.2876 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.~~674179~~820546% 0.000000% 0.000000% 0.000000% 1.~~674179~~820546% 1.~~495954~~709517% 0.000000% 0.000000% 0.000000% 1.~~495954~~709517% 60 Days 0.~~000000~~780234% 0.000000% 0.000000% 0.000000% 0.~~000000~~780234% 0.~~000000~~596676% 0.000000% 0.000000% 0.000000% 0.~~000000~~596676% 90 Days 0.~~000000~~065020% 0.000000% 0.000000% 0.000000% 0.~~000000~~065020% 0.~~000000~~055221% 0.000000% 0.000000% 0.000000% 0.~~000000~~055221% 120 Days 0.~~000000~~065020% 0.000000% 0.000000% 0.000000% 0.~~000000~~065020% 0.~~000000~~050123% 0.000000% 0.000000% 0.000000% 0.~~000000~~050123% 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 12.~~674179~~730819% 0.000000% 0.000000% 0.000000% 12.~~674179~~730819% 12.~~495954~~411537% 0.000000% 0.000000% 0.000000% 12.~~495954~~411537%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 3252,~~335~~330.22 Class M-1 17,671,547.55 4.55014191% 17,670,780.96 4.65551778% 3.069555% 0.000000% Class M-2 9,515,547.55 2.45010187% 9,514,780.96 2.50675010% 2.148768% 0.000000% Class M-3 6,020,547.55 1.55019506% 6,019,780.96 1.58596257% 0.920788% 0.000000% Class M-4 4,078,547.55 1.05016100% 4,077,780.96 1.07432613% 0.511636% 0.000000% Class C 100.00 0.00002575% 100.00 0.00002635% 0.460441% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000026% 0.000000% Class R-I 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure48

Class M-1 17,671,547.55 4.55014191% 17,670,780.96 4.69328319% 3.094455% 0.000000% Class M-2 9,515,547.55 2.45010187% 9,514,780.96 2.52708478% 2.166198% 0.000000% Class M-3 6,020,547.55 1.55019506% 6,019,780.96 1.59882785% 0.928257% 0.000000% Class M-4 4,078,547.55 1.05016100% 4,077,780.96 1.08304103% 0.515787% 0.000000% Class C 100.00 0.00002575% 100.00 0.00002656% 0.464177% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000027% 0.000000% Class R-I 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 5.~~553783~~548927% Weighted Average Net Coupon 5.~~281288~~276360% Weighted Average Pass-Through Rate 5.~~268788~~263860% Weighted Average Maturity(Stepdown Calculation ) ~~351~~350 Beginning Scheduled Collateral Loan Count 1,~~570~~553 Number Of Loans Paid In Full 1715 Ending Scheduled Collateral Loan Count 1,~~553~~538 Beginning Scheduled Collateral Balance ~~383~~379,~~842~~566,~~406~~394.9638 Ending Scheduled Collateral Balance ~~379~~376,~~566~~512,~~394~~139.3856 Ending Actual Collateral Balance at 3031-~~Jun~~Jul-2004 ~~379~~376,~~728~~671,~~329~~146.0188 Monthly P &I Constant 1,~~978~~955,~~219~~492.2811 Special Servicing Fee 0.00 Prepayment Penalties ~~9,438~~0.6400 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~379~~376,~~566~~512,~~394~~139.3856 Scheduled Principal ~~201~~200,~~738~~336.1598 Unscheduled Principal 42,~~074~~853,~~274~~917.4384

~~Miscellaneous~~Other ~~Reporting~~Income ~~General Excess Available Amt 1,119,033.42 Extra Principal Distribution Amt~~ 0.00 Overcollateralization Amt 1,747,680.96 Excess Overcollateralization Amt 0.00 Overcollateralization Deficit Amt 0.00 Overcollateralization Increase Amt 0.00 Overcollateralization Release Amt 0.00 Specified Overcollateralization Amt 1,747,680.96

~~Group~~Miscellaneous ~~Level~~Reporting ~~Collateral~~General ~~Statement~~Excess ~~Group~~Available ~~Group~~Amt 1 Group 2 Total Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.083747 5.330243 5.553783 Weighted Average Net Rate 5.820132 5.054003 5.281288 Weighted Average Maturity 340 356 351 Beginning Loan Count 450 1,~~120 1~~075,~~570 Loans Paid In Full 6 11 17 Ending Loan Count 444 1,109 1,553 Beginning Scheduled Balance 113,873,170~~648.6423 ~~269,969,236.32~~Extra ~~383,842,406.96 Ending scheduled Balance 111,770,736.36 267,795,658.02 379,566,394.38 Record Date 06/30/2004 06/30/2004 06/30/2004~~ Principal ~~And~~Distribution ~~Interest~~Amt ~~Constant 699,312~~0.~~93 1,278,906.35 1,978,219.28 Scheduled Principal 121,999.93 79,738.22 201,738.15 Unscheduled Principal 1,980,434.35 2,093,840.08 4,074,274.43 Scheduled Interest 577,313.~~00 ~~1,199,168.13~~Overcollateralization ~~1,776,481.13~~Amt ~~Servicing Fees 25,015.58 62,147.06 87,162.64 Master Servicing Fees~~ 1,~~186.19 2~~747,~~812~~680.1696 ~~3,998.35~~Excess ~~Trustee~~Overcollateralization ~~Fee~~Amt 0.00 ~~0.00~~Overcollateralization ~~0.00~~Deficit ~~FRY~~Amt ~~Amount~~ 0.00 ~~0.00~~Overcollateralization ~~0.00~~Increase ~~Special~~Amt ~~Hazard Fee~~ 0.00 ~~0.00~~Overcollateralization ~~0.00~~Release ~~Other~~Amt ~~Fee~~ 0.00 ~~0.00~~Specified ~~0.00~~Overcollateralization ~~Pool~~Amt ~~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 552~~,~~297.30 1~~747,~~137,020~~680.95 1,689,318.25 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 5.807632 5.041503 5.26878896

Filing Compare · HOMESTAR MORTGAGE ACCEP CORP ASST BACK CERTS SER 2004-2.