8-K 1 mlc0400c_sep.txt SEPTEMBER 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): September 27, 2004 MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2004-C Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-112231-10 54-2155151 Pooling and Servicing Agreement) (Commission 54-2155152 (State or other File Number) 54-2155153 jurisdiction 54-6621659 of Incorporation) 54-6621660 54-6621661 54-6621662 54-6621663 54-6621664 54-6621665 IRS EIN c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 September 27, 2004 a distribution was made to holders of MERRILL LYNCH MORTGAGE INVESTORS, INC., Mortgage Pass-Through Certificates, Series 2004-C Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-C Trust, relating to the September 27, 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. MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2004-C Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 10/1/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-C Trust, relating to the September 27, 2004 distribution. EX-99.1

Merrill Lynch Mortgage Investors, Inc. Mortgage Pass-Through Certificates Record Date: 78/31/2004 Distribution Date: 89/2527/2004 MLC Series: 2004-C 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 A-1 59020UDN2 SEN 1.~~73000~~89500% ~~222~~220,028,~~866~~028.3872 ~~320~~347,~~091~~460.6293 2,~~000~~622,~~837~~362.6641 A-R 59020UEF8 SEN 2.~~68898~~75799% 0.00 ~~691~~996.4609 0.00 A-2 59020UDP7 SEN 2.15063% ~~273~~271,~~556~~122,~~163~~587.1428 ~~490~~485,~~265~~903.0864 2,~~433~~066,~~575~~106.8788 A-2-A 59020UDV4 SEN 2.14063% ~~248~~246,~~687~~475,~~421~~079.0434 ~~443~~439,~~623~~676.1362 21,~~212~~878,~~341~~278.7098 A-2-B 59020UDW2 SEN 2.35063% 7,~~691~~622,~~404~~981.5625 1514,~~066~~932.3734 6858,~~423~~091.3041 A-3 59020UDQ5 SEN 2.~~93329~~94286% 113,~~871~~548,~~906~~916.9497 278,~~349~~465.6455 ~~322~~542,~~989~~569.9770 X-A 59020UDR3 IO 0.~~80720~~84274% 0.00 ~~505~~523,~~820~~377.4382 0.00 B-1 59020UDS1 SUB 12.~~94000~~10500% 9,000,000.00 1415,~~550~~787.0050 0.00 B-2 59020UDT9 SUB 2.~~35000~~51500% 7,200,000.00 1415,~~100~~090.00 0.00 B-3 59020UDU6 SUB 3.~~05000~~21500% 4,050,000.00 10,~~293~~850.7563 0.00 X-B 59020UEB7 IO 0.~~53749~~44722% 0.00 86,~~379~~551.1012 0.00 B-4 59020UEC5 SUB 2.~~84526~~91999% 2,250,000.00 5,~~334~~474.8799 0.00 B-5 59020UED3 SUB 2.~~84526~~91999% 1,800,000.00 4,~~267~~379.9099 0.00 B-6 59020UEE1 SUB 2.~~84526~~91999% 3,156,354.00 7,~~483~~680.8844 0.00 LTR2 MLC400CR2 SEQ 0.00000% 0.00 0.00 0.00 LTR1 MLC400CR1 SEQ 0.00000% 0.00 0.00 0.00 Totals ~~893~~886,~~292~~253,~~116~~947.0656 2,~~118~~156,~~317~~627.2366 7,~~038~~167,~~168~~409.5038

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~220~~217,~~028~~405,~~028~~666.7231 2,~~320~~969,~~929~~823.2834 0.00 A-R 0.00 0.00 ~~691~~996.4609 0.00 A-2 0.00 ~~271~~269,~~122~~056,~~587~~480.2840 2,~~923~~552,~~840~~010.9552 0.00 A-2-A 0.00 ~~246~~244,~~475~~596,~~079~~800.3436 2,~~655~~317,~~964~~955.8360 0.00 A-2-B 0.00 7,~~622~~564,~~981~~889.2584 8373,~~489~~023.6775 0.00 A-3 0.00 113,~~548~~006,~~916~~347.9727 ~~601~~821,~~339~~035.6125 0.00 X-A 0.00 0.00 ~~505~~523,~~820~~377.4382 0.00 B-1 0.00 9,000,000.00 1415,~~550~~787.0050 0.00 B-2 0.00 7,200,000.00 1415,~~100~~090.00 0.00 B-3 0.00 4,050,000.00 10,~~293~~850.7563 0.00 X-B 0.00 0.00 86,~~379~~551.1012 0.00 B-4 0.00 2,250,000.00 5,~~334~~474.8799 0.00 B-5 0.00 1,800,000.00 4,~~267~~379.9099 0.00 B-6 0.00 3,156,354.00 7,~~483~~680.8844 0.00 LTR2 0.00 0.00 0.00 0.00 LTR1 0.00 0.00 0.00 0.00 Totals 0.00 ~~886~~879,~~253~~086,~~947~~538.5618 9,~~156~~324,~~485~~037.7304 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) A-1 224,818,000.00 ~~222~~220,028,~~866~~028.3872 0.00 2,~~000~~622,~~837~~362.6641 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 A-2 275,000,000.00 ~~273~~271,~~556~~122,~~163~~587.1428 0.00 2,~~433~~066,~~575~~106.8788 0.00 0.00 A-2-A 250,000,000.00 ~~248~~246,~~687~~475,~~421~~079.0434 0.00 21,~~212~~878,~~341~~278.7098 0.00 0.00 A-2-B 7,732,000.00 7,~~691~~622,~~404~~981.5625 0.00 6858,~~423~~091.3041 0.00 0.00 A-3 115,000,000.00 113,~~871~~548,~~906~~916.9497 0.00 ~~322~~542,~~989~~569.9770 0.00 0.00 X-A 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 B-1 9,000,000.00 9,000,000.00 0.00 0.00 0.00 0.00 B-2 7,200,000.00 7,200,000.00 0.00 0.00 0.00 0.00 B-3 4,050,000.00 4,050,000.00 0.00 0.00 0.00 0.00 X-B 0.00 0.00 0.00 0.00 0.00 0.00 B-4 2,250,000.00 2,250,000.00 0.00 0.00 0.00 0.00 B-5 1,800,000.00 1,800,000.00 0.00 0.00 0.00 0.00 B-6 3,156,354.00 3,156,354.00 0.00 0.00 0.00 0.00 LTR2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 LTR1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Totals 900,006,454.00 ~~893~~886,~~292~~253,~~116~~947.0656 0.00 7,~~038~~167,~~168~~409.5038 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 A-1 2,~~000~~622,~~837~~362.6641 ~~220~~217,~~028~~405,~~028~~666.7231 0.~~97869400~~96702963 2,~~000~~622,~~837~~362.6641 A-R 0.00 0.00 0.00000000 0.00 A-2 2,~~433~~066,~~575~~106.8788 ~~271~~269,~~122~~056,~~587~~480.2840 0.~~98590032~~97838720 2,~~433~~066,~~575~~106.8788 A-2-A 21,~~212~~878,~~341~~278.7098 ~~246~~244,~~475~~596,~~079~~800.3436 0.~~98590032~~97838720 21,~~212~~878,~~341~~278.7098 A-2-B 6858,~~423~~091.3041 7,~~622~~564,~~981~~889.2584 0.~~98590032~~97838720 6858,~~423~~091.3041 A-3 ~~322~~542,~~989~~569.9770 113,~~548~~006,~~916~~347.9727 0.~~98738189~~98266389 ~~322~~542,~~989~~569.9770 X-A 0.00 0.00 0.00000000 0.00 X-A 0.00 0.00 0.00000000 0.00 B-1 0.00 9,000,000.00 1.00000000 0.00 B-2 0.00 7,200,000.00 1.00000000 0.00 B-3 0.00 4,050,000.00 1.00000000 0.00 X-B 0.00 0.00 0.00000000 0.00 B-4 0.00 2,250,000.00 1.00000000 0.00 B-5 0.00 1,800,000.00 1.00000000 0.00 B-6 0.00 3,156,354.00 1.00000000 0.00 LTR2 0.00 0.00 0.00000000 0.00 LTR2 0.00 0.00 0.00000000 0.00 LTR1 0.00 0.00 0.00000000 0.00 LTR1 0.00 0.00 0.00000000 0.00 Totals 7,~~038~~167,~~168~~409.5038 ~~886~~879,~~253~~086,~~947~~538.5618 0.~~98471955~~97675582 7,~~038~~167,~~168~~409.5038

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 224,818,000.00 ~~987~~978.~~59381535~~69400457 0.00000000 811.~~89981078~~66437923 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 A-2 275,000,000.00 ~~994~~985.~~74968415~~90031738 0.00000000 87.~~84936680~~51311593 0.00000000 A-2-A 250,000,000.00 ~~994~~985.~~74968416~~90031736 0.00000000 87.~~84936680~~51311592 0.00000000 A-2-B 7,732,000.00 ~~994~~985.~~74968443~~90031686 0.00000000 87.~~84936627~~51311562 0.00000000 A-3 115,000,000.00 ~~990~~987.~~19049513~~38188670 0.00000000 24.~~80860843~~71799739 0.00000000 X-A 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 9,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 7,200,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 4,050,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X-B 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B-4 2,250,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-5 1,800,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-6 3,156,354.00 1000.00000000 0.00000000 0.00000000 0.00000000 LTR2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 LTR1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are per $1000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 811.~~89981078~~66437923 ~~978~~967.~~69400457~~02962534 0.~~97869400~~96702963 811.~~89981078~~66437923 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-2 0.00000000 87.~~84936680~~51311593 ~~985~~978.~~90031738~~38720145 0.~~98590032~~97838720 87.~~84936680~~51311593 A-2-A 0.00000000 87.~~84936680~~51311592 ~~985~~978.~~90031736~~38720144 0.~~98590032~~97838720 87.~~84936680~~51311592 A-2-B 0.00000000 87.~~84936627~~51311562 ~~985~~978.~~90031686~~38720124 0.~~98590032~~97838720 87.~~84936627~~51311562 A-3 0.00000000 24.~~80860843~~71799739 ~~987~~982.~~38188670~~66388930 0.~~98738189~~98266389 24.~~80860843~~71799739 X-A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X-B 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 LTR2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 LTR1 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 A-1 224,818,000.00 1.~~73000~~89500% ~~222~~220,028,~~866~~028.3872 ~~320~~347,~~091~~460.6293 0.00 0.00 A-R 100.00 2.~~68898~~75799% 0.00 0.00 0.00 0.00 A-2 275,000,000.00 2.15063% ~~273~~271,~~556~~122,~~163~~587.1428 ~~490~~485,~~265~~903.0864 0.00 0.00 A-2-A 250,000,000.00 2.14063% ~~248~~246,~~687~~475,~~421~~079.0434 ~~443~~439,~~623~~676.1362 0.00 0.00 A-2-B 7,732,000.00 2.35063% 7,~~691~~622,~~404~~981.5625 1514,~~066~~932.3734 0.00 0.00 A-3 115,000,000.00 2.~~93329~~94286% 113,~~871~~548,~~906~~916.9497 278,~~349~~465.6455 0.00 0.00 X-A 0.00 0.~~80720~~84274% ~~751~~745,~~963~~248,~~855~~676.1259 ~~505~~523,~~820~~377.4382 0.00 0.00 B-1 9,000,000.00 12.~~94000~~10500% 9,000,000.00 1415,~~550~~787.0050 0.00 0.00 B-2 7,200,000.00 2.~~35000~~51500% 7,200,000.00 1415,~~100~~090.00 0.00 0.00 B-3 4,050,000.00 3.~~05000~~21500% 4,050,000.00 10,~~293~~850.7563 0.00 0.00 X-B 0.00 0.~~53749~~44722% 20,250,000.00 97,~~070~~546.0977 0.00 0.00 B-4 2,250,000.00 2.~~84526~~91999% 2,250,000.00 5,~~334~~474.8799 0.00 0.00 B-5 1,800,000.00 2.~~84526~~91999% 1,800,000.00 4,~~267~~379.9099 0.00 0.00 B-6 3,156,354.00 2.~~84526~~91999% 3,156,354.00 7,~~483~~680.8844 0.00 0.00 LTR2 0.00 0.00000% 0.00 0.00 0.00 0.00 LTR1 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 900,006,454.00 2,~~118~~156,~~316~~627.7622 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 A-1 0.00 0.00 ~~320~~347,~~091~~460.6293 0.00 ~~220~~217,~~028~~405,~~028~~666.7231 A-R 0.00 0.00 ~~691~~996.4609 0.00 0.00 A-2 0.00 0.00 ~~490~~485,~~265~~903.0864 0.00 ~~271~~269,~~122~~056,~~587~~480.2840 A-2-A 0.00 0.00 ~~443~~439,~~623~~676.1362 0.00 ~~246~~244,~~475~~596,~~079~~800.3436 A-2-B 0.00 0.00 1514,~~066~~932.3734 0.00 7,~~622~~564,~~981~~889.2584 A-3 0.00 0.00 278,~~349~~465.6455 0.00 113,~~548~~006,~~916~~347.9727 X-A 0.00 0.00 ~~505~~523,~~820~~377.4382 0.00 ~~745~~738,~~248~~623,~~676~~836.5991 B-1 0.00 0.00 1415,~~550~~787.0050 0.00 9,000,000.00 B-2 0.00 0.00 1415,~~100~~090.00 0.00 7,200,000.00 B-3 0.00 0.00 10,~~293~~850.7563 0.00 4,050,000.00 X-B 0.00 0.00 86,~~379~~551.1012 0.00 20,250,000.00 B-4 0.00 0.00 5,~~334~~474.8799 0.00 2,250,000.00 B-5 0.00 0.00 4,~~267~~379.9099 0.00 1,800,000.00 B-6 0.00 0.00 7,~~483~~680.8844 0.00 3,156,354.00 LTR2 0.00 0.00 0.00 0.00 0.00 LTR1 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,~~118~~156,~~317~~627.2366 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 A-1 224,818,000.00 1.~~73000~~89500% ~~987~~978.~~59381535~~69400457 1.~~42378110~~54552095 0.00000000 0.00000000 A-R 100.00 2.~~68898~~75799% 0.00000000 0.00000000 0.00000000 0.00000000 A-2 275,000,000.00 2.15063% ~~994~~985.~~74968415~~90031738 1.~~78278211~~76692233 0.00000000 0.00000000 A-2-A 250,000,000.00 2.14063% ~~994~~985.~~74968416~~90031736 1.~~77449252~~75870648 0.00000000 0.00000000 A-2-B 7,732,000.00 2.35063% ~~994~~985.~~74968443~~90031686 1.~~94857346~~93123901 0.00000000 0.00000000 A-3 115,000,000.00 2.~~93329~~94286% ~~990~~987.~~19049513~~38188670 2.~~42043165~~42143957 0.00000000 0.00000000 X-A 0.00 0.~~80720~~84274% ~~992~~983.~~62603804~~76170100 0.~~66770567~~69088221 0.00000000 0.00000000 B-1 9,000,000.00 12.~~94000~~10500% 1000.00000000 1.~~61666667~~75416667 0.00000000 0.00000000 B-2 7,200,000.00 2.~~35000~~51500% 1000.00000000 12.~~95833333~~09583333 0.00000000 0.00000000 B-3 4,050,000.00 3.~~05000~~21500% 1000.00000000 2.~~54166667~~67916790 0.00000000 0.00000000 X-B 0.00 0.~~53749~~44722% 1000.00000000 0.~~44790568~~37268000 0.00000000 0.00000000 B-4 2,250,000.00 2.~~84526~~91999% 1000.00000000 2.~~37105333~~43332889 0.00000000 0.00000000 B-5 1,800,000.00 2.~~84526~~91999% 1000.00000000 2.~~37105556~~43332778 0.00000000 0.00000000 B-6 3,156,354.00 2.~~84526~~91999% 1000.00000000 2.~~37105217~~43332655 0.00000000 0.00000000 LTR2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 LTR1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All classes are per $1000 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 A-1 0.00000000 0.00000000 1.~~42378110~~54552095 0.00000000 ~~978~~967.~~69400457~~02962534 A-R 0.00000000 0.00000000 ~~6914~~9960.~~60000000~~90000000 0.00000000 0.00000000 A-2 0.00000000 0.00000000 1.~~78278211~~76692233 0.00000000 ~~985~~978.~~90031738~~38720145 A-2-A 0.00000000 0.00000000 1.~~77449252~~75870648 0.00000000 ~~985~~978.~~90031736~~38720144 A-2-B 0.00000000 0.00000000 1.~~94857346~~93123901 0.00000000 ~~985~~978.~~90031686~~38720124 A-3 0.00000000 0.00000000 2.~~42043165~~42143957 0.00000000 ~~987~~982.~~38188670~~66388930 X-A 0.00000000 0.00000000 0.~~66770567~~69088221 0.00000000 ~~983~~975.~~76170100~~01661529 B-1 0.00000000 0.00000000 1.~~61666667~~75416667 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 12.~~95833333~~09583333 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 2.~~54166667~~67916790 0.00000000 1000.00000000 X-B 0.00000000 0.00000000 0.~~41378272~~32351210 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 2.~~37105333~~43332889 0.00000000 1000.00000000 B-5 0.00000000 0.00000000 2.~~37105556~~43332778 0.00000000 1000.00000000 B-6 0.00000000 0.00000000 2.~~37105217~~43332655 0.00000000 1000.00000000 LTR2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 LTR1 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 9,~~312~~524,~~747~~409.6710 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 3217,~~863~~127.5472 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 9,~~345~~541,~~611~~536.2182 Withdrawals Reimbursement for Servicer Advances 332,~~022~~863.9654 Payment of Service Fee ~~186~~184,~~102~~636.5224 Payment of Interest and Principal 9,~~156~~324,~~485~~037.7304 Total Withdrawals (Pool Distribution Amount) 9,~~345~~541,~~611~~536.2182 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~186~~184,~~102~~636.5224 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~186~~184,~~102~~636.5224

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 4315 0 0 0 4315 135,~~558~~508,~~510~~867.2102 0.00 0.00 0.00 135,~~558~~508,~~510~~867.2102 60 Days 07 0 0 0 07 01,514,906.0080 0.00 0.00 0.00 01,514,906.0080 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 4322 0 0 0 4322 137,~~558~~023,~~510~~773.2182 0.00 0.00 0.00 137,~~558~~023,~~510~~773.2182 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 10.~~878550~~659341% 0.000000% 0.000000% 0.000000% 10.~~878550~~659341% 10.~~529867~~626658% 0.000000% 0.000000% 0.000000% 10.~~529867~~626658% 60 Days 0.~~000000~~307692% 0.000000% 0.000000% 0.000000% 0.~~000000~~307692% 0.~~000000~~172327% 0.000000% 0.000000% 0.000000% 0.~~000000~~172327% 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 10.~~878550~~967033% 0.000000% 0.000000% 0.000000% 10.~~878550~~967033% 10.~~529867~~798985% 0.000000% 0.000000% 0.000000% 10.~~529867~~798985%

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 113 0 0 0 113 41,~~416~~478,~~218~~267.0069 0.00 0.00 0.00 41,~~416~~478,~~218~~267.0069 60 Days 01 0 0 0 01 0430,000.00 0.00 0.00 0.00 0430,000.00 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 114 0 0 0 11 4 1,~~416~~908,~~218~~267.0069 0.00 0.00 0.00 41,~~416~~908,~~218~~267.0069 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 20.~~401747~~659341% 0.000000% 0.000000% 0.000000% 20.~~401747~~659341% 10.~~944565~~658520% 0.000000% 0.000000% 0.000000% 10.~~944565~~658520% 60 Days 0.~~000000~~219780% 0.000000% 0.000000% 0.000000% 0.~~000000~~219780% 0.~~000000~~191551% 0.000000% 0.000000% 0.000000% 0.~~000000~~191551% 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 20.~~401747~~879121% 0.000000% 0.000000% 0.000000% 20.~~401747~~879121% 10.~~944565~~850071% 0.000000% 0.000000% 0.000000% 10.~~944565~~850071% 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 2712 0 0 0 2712 84,~~109~~030,~~434~~599.8733 0.00 0.00 0.00 84,~~109~~030,~~434~~599.8733 60 Days 05 0 0 0 05 0674,906.0080 0.00 0.00 0.00 0674,906.0080 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 2717 0 0 0 2717 84,~~109~~705,~~434~~506.8713 0.00 0.00 0.00 84,~~109~~705,~~434~~506.8713 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~783355~~797342% 0.000000% 0.000000% 0.000000% 10.~~783355~~797342% 10.~~496260~~749213% 0.000000% 0.000000% 0.000000% 10.~~496260~~749213% 60 Days 0.~~000000~~332226% 0.000000% 0.000000% 0.000000% 0.~~000000~~332226% 0.~~000000~~125453% 0.000000% 0.000000% 0.000000% 0.~~000000~~125453% 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 1.~~783355~~129568% 0.000000% 0.000000% 0.000000% 1.~~783355~~129568% 10.~~496260~~874666% 0.000000% 0.000000% 0.000000% 10.~~496260~~874666% 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 50 0 0 0 50 ~~1,032,857~~0.3400 0.00 0.00 0.00 ~~1,032,857~~0.3400 60 Days 01 0 0 0 01 0410,000.00 0.00 0.00 0.00 0410,000.00 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 51 0 0 0 5 1 410,~~032,857~~000.3400 0.00 0.00 0.00 1410,~~032,857~~000.3400 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 10.~~577287~~000000% 0.000000% 0.000000% 0.000000% 10.~~577287~~000000% 0.~~881518~~000000% 0.000000% 0.000000% 0.000000% 0.~~881518~~000000% 60 Days 0.~~000000~~317460% 0.000000% 0.000000% 0.000000% 0.~~000000~~317460% 0.~~000000~~351553% 0.000000% 0.000000% 0.000000% 0.~~000000~~351553% 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 10.~~577287~~317460% 0.000000% 0.000000% 0.000000% 10.~~577287~~317460% 0.~~881518~~351553% 0.000000% 0.000000% 0.000000% 0.~~881518~~351553%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 3217,~~863~~127.5472

COLLATERAL STATEMENT Collateral Description 6 Month LIBOR ARM Weighted Average Gross Coupon 3.~~095632~~170103% Weighted Average Net Coupon 2.~~845632~~920103% Weighted Average Pass-Through Rate 2.~~845632~~920103% Weighted Average Maturity(Stepdown Calculation ) ~~296~~295 Beginning Scheduled Collateral Loan Count 2,~~305~~289 Number Of Loans Paid In Full 1614 Ending Scheduled Collateral Loan Count 2,~~289~~275 Beginning Scheduled Collateral Balance ~~893~~886,~~292~~253,~~116~~947.4090 Ending Scheduled Collateral Balance ~~886~~879,~~253~~086,~~947~~538.9052 Ending Actual Collateral Balance at 31-~~Jul~~Aug-2004 ~~886~~879,~~253~~086,~~947~~538.9052 Monthly P &I Constant 2,~~304~~341,~~419~~263.4159 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 0.00 Unscheduled Principal 7,~~038~~167,~~168~~409.5038

Group Level Collateral Statement Group 1 2 3 Collateral Description 6 Month LIBOR ARM 6 Month LIBOR ARM 6 Month LIBOR ARM Weighted Average Coupon Rate 23.~~881748~~117178 3.~~166426~~187360 3.~~183293~~192861 Weighted Average Net Rate 2.~~631748~~867178 2.~~916426~~937360 2.~~933293~~942861 Weighted Average Maturity (23) (23) (23) Beginning Loan Count ~~462~~458 1,~~525~~514 ~~318~~317 Loans Paid In Full 43 119 12 Ending Loan Count ~~458~~455 1,~~514~~505 ~~317~~315 Beginning Scheduled Balance ~~229~~227,~~106~~105,~~585~~747.2357 ~~546~~541,~~694~~980,~~517~~176.6275 117,~~491~~168,~~013~~023.5558 Ending scheduled Balance ~~227~~224,~~105~~483,~~747~~385.5716 ~~541~~537,~~980~~977,~~176~~699.7548 ~~117~~116,~~168~~625,~~023~~453.5888 Record Date 0708/31/2004 0708/31/2004 0708/31/2004 Principal And Interest Constant ~~550~~589,~~189~~940.5178 1,~~442~~439,~~556~~571.2676 311,~~673~~751.6405 Scheduled Principal 0.00 0.00 0.00 Unscheduled Principal 2,~~000~~622,~~837~~362.6641 4,~~714~~002,~~340~~477.8727 ~~322~~542,~~989~~569.9770 Scheduled Interest ~~550~~589,~~189~~940.5178 1,~~442~~439,~~556~~571.2676 311,~~673~~751.6405 Servicing Fees 47,~~730~~313.5470 ~~113~~112,~~894~~912.6954 24,~~477~~410.2900 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 0.00 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 ~~502~~542,~~458~~627.9708 1,~~328~~326,~~661~~659.5722 287,~~196~~341.3505 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 2.~~631748~~867178 2.~~916426~~937360 2.~~933293~~942861

Group Level Collateral Statement Group Total Collateral Description 6 Month LIBOR ARM Weighted Average Coupon Rate 3.~~095632~~170103 Weighted Average Net Rate 2.~~845632~~920103 Weighted Average Maturity ~~296~~295 Beginning Loan Count 2,~~305~~289 Loans Paid In Full 1614 Ending Loan Count 2,~~289~~275 Beginning Scheduled Balance ~~893~~886,~~292~~253,~~116~~947.4090 Ending scheduled Balance ~~886~~879,~~253~~086,~~947~~538.9052 Record Date 0708/31/2004 Principal And Interest Constant 2,~~304~~341,~~419~~263.4159 Scheduled Principal 0.00 Unscheduled Principal 7,~~038~~167,~~168~~409.5038 Scheduled Interest 2,~~304~~341,~~419~~263.4159 Servicing Fees ~~186~~184,~~102~~636.5224 Master Servicing Fees 0.00 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 0.00 Pool Insurance Fee 0.00 Spread Fee 1 0.00 Spread Fee 2 0.00 Spread Fee 3 0.00 Net Interest 2,~~118~~156,~~316~~627.8935 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalties 0.00 Special Servicing Fee 0.00 Pass-Through Rate 2.~~845632~~920103

Filing Compare · MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES MLCC 2004-C