8-K 1 hma04003_nov.txt NOVEMBER 8K 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): November 26, 2004 HOMESTAR MORTGAGE ACCEPTANCE CORP. Asset Backed Pass-Through Certificates, Series 2004-3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-116235-01 54-2155138 Pooling and Servicing Agreement) (Commission 54-2155139 (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis 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 November 26, 2004 a distribution was made to holders of HOMESTAR MORTGAGE ACCEPTANCE CORP., Asset Backed Pass-Through Certificates, Series 2004-3 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 2004-3 Trust, relating to the November 26, 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 ACCEPTANCE CORP. Asset Backed Pass-Through Certificates, Series 2004-3 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: 11/27/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2004-3 Trust, relating to the November 26, 2004 distribution. EX-99.1

Homestar Mortgage Acceptance Corp Mortgage Pass-Through Certificates Record Date: 710/31/2004 Distribution Date: 811/2526/2004 HMAC Series: 2004-3 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 437690AT7 SEN 12.~~90000~~38250% ~~172~~168,~~052~~667,~~189~~253.2253 ~~272~~357,~~415~~199.9776 ~~756~~1,~~622~~768,143.5700 AV-2A 437690AU4 SEN 12.~~62000~~10250% 3633,~~967~~582,~~192~~276.2013 4962,~~905~~761.7154 ~~756~~1,~~618~~768,132.1976 AV-2B 437690AV2 SEN 12.~~75000~~23250% 51,161,000.00 74101,~~609~~526.7916 0.00 AV-2C 437690AW0 SEN 2.~~03000~~51250% 83,923,000.00 ~~141~~187,~~969~~428.7403 0.00 AV-3 437690AX8 SEN 12.~~97000~~45250% 3837,~~234~~482,~~595~~372.2810 6281,~~768~~711.4657 ~~168~~392,~~141~~928.7664 M-1 437690AY6 MEZ 2.~~08000~~56250% 13,554,000.00 2330,~~493~~873.6000 0.00 M-2 437690AZ3 MEZ 23.~~75000~~23250% 10,218,000.00 2329,~~416~~359.2572 0.00 M-3 437690BA7 MEZ 3.~~05000~~53250% 2,502,000.00 67,~~359~~856.2528 0.00 M-4 437690BB5 MEZ 34.~~60000~~08250% 2,503,000.00 79,~~509~~083.0011 0.00 M-5 437690BC3 MEZ 34.~~95000~~43250% 2,711,000.00 810,~~923~~681.7134 0.00 C HMA04003C OC 0.00000% 2,085,276.51 1897,~~145,147~~956.0395 0.00 P HMA04003P Prepay 0.00000% 100.00 029,019.1256 0.00 R HMA0403R1 RES 0.00000% 0.00 0.00 0.00 R-X HMA0403RX RES 0.00000% 0.00 0.00 0.00 Totals ~~415~~408,~~911~~389,~~353~~278.2127 1,~~816~~805,~~518~~457.6302 13,~~681~~929,~~382~~204.5240

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses AV-1 0.00 ~~171~~166,~~295~~899,~~566~~110.6553 12,~~029~~125,~~038~~342.5476 0.00 AV-2A 0.00 3631,~~210~~814,~~574~~143.0237 ~~806~~1,~~523~~830,894.9030 0.00 AV-2B 0.00 51,161,000.00 74101,~~609~~526.7916 0.00 AV-2C 0.00 83,923,000.00 ~~141~~187,~~969~~428.7403 0.00 AV-3 0.00 3837,~~066~~089,~~453~~443.5246 ~~230~~474,~~910~~640.2221 0.00 M-1 0.00 13,554,000.00 2330,~~493~~873.6000 0.00 M-2 0.00 10,218,000.00 2329,~~416~~359.2572 0.00 M-3 0.00 2,502,000.00 67,~~359~~856.2528 0.00 M-4 0.00 2,503,000.00 79,~~509~~083.0011 0.00 M-5 0.00 2,711,000.00 810,~~923~~681.7134 0.00 C 0.00 2,085,276.51 1897,~~145,147~~956.0395 0.00 P 0.00 100.00 029,019.1256 0.00 R 0.00 0.00 0.00 0.00 R-X 0.00 0.00 0.00 0.00 Totals 0.00 ~~414~~404,~~229~~460,~~970~~073.7087 35,~~497~~734,~~901~~661.1542 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-1 172,567,000.00 ~~172~~168,~~052~~667,~~189~~253.2253 0.00 ~~756~~1,~~622~~768,143.5700 0.00 0.00 AV-2A 37,482,000.00 3633,~~967~~582,~~192~~276.2013 0.00 ~~756~~1,~~618~~768,132.1976 0.00 0.00 AV-2B 51,161,000.00 51,161,000.00 0.00 0.00 0.00 0.00 AV-2C 83,923,000.00 83,923,000.00 0.00 0.00 0.00 0.00 AV-3 38,349,000.00 3837,~~234~~482,~~595~~372.2810 0.00 ~~168~~392,~~141~~928.7664 0.00 0.00 M-1 13,554,000.00 13,554,000.00 0.00 0.00 0.00 0.00 M-2 10,218,000.00 10,218,000.00 0.00 0.00 0.00 0.00 M-3 2,502,000.00 2,502,000.00 0.00 0.00 0.00 0.00 M-4 2,503,000.00 2,503,000.00 0.00 0.00 0.00 0.00 M-5 2,711,000.00 2,711,000.00 0.00 0.00 0.00 0.00 C 2,085,202.36 2,085,276.51 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 R-X 0.00 0.00 0.00 0.00 0.00 0.00 Totals 417,055,302.36 ~~415~~408,~~911~~389,~~353~~278.2127 0.00 13,~~681~~929,~~382~~204.5240 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 ~~756~~1,~~622~~768,143.5700 ~~171~~166,~~295~~899,~~566~~110.6553 0.~~99263223~~96715543 ~~756~~1,~~622~~768,143.5700 AV-2A ~~756~~1,~~618~~768,132.1976 3631,~~210~~814,~~574~~143.0237 0.~~96607903~~84878457 ~~756~~1,~~618~~768,132.1976 AV-2B 0.00 51,161,000.00 1.00000000 0.00 AV-2C 0.00 83,923,000.00 1.00000000 0.00 AV-3 ~~168~~392,~~141~~928.7664 3837,~~066~~089,~~453~~443.5246 0.~~99263223~~96715543 ~~168~~392,~~141~~928.7664 M-1 0.00 13,554,000.00 1.00000000 0.00 M-2 0.00 10,218,000.00 1.00000000 0.00 M-3 0.00 2,502,000.00 1.00000000 0.00 M-4 0.00 2,503,000.00 1.00000000 0.00 M-5 0.00 2,711,000.00 1.00000000 0.00 C 0.00 2,085,276.51 1.00003556 0.00 P 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 R-X 0.00 0.00 0.00000000 0.00 Totals 13,~~681~~929,~~382~~204.5240 ~~414~~404,~~229~~460,~~970~~073.7087 0.~~99322552~~96979962 13,~~681~~929,~~382~~204.5240

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion AV-1 172,567,000.00 ~~997~~977.~~01674839~~40155146 0.00000000 410.~~38451483~~24612469 0.00000000 AV-2A 37,482,000.00 ~~986~~895.~~26519930~~95742303 0.00000000 2047.~~18617443~~17284990 0.00000000 AV-2B 51,161,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 AV-2C 83,923,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 AV-3 38,349,000.00 ~~997~~977.~~01674829~~40155154 0.00000000 410.~~38451485~~24612480 0.00000000 M-1 13,554,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 10,218,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 2,502,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 2,503,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 2,711,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 2,085,202.36 1000.03556010 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 R-X 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 410.~~38451483~~24612469 ~~992~~967.~~63223357~~15542676 0.~~99263223~~96715543 410.~~38451483~~24612469 AV-2A 0.00000000 2047.~~18617443~~17284990 ~~966~~848.~~07902513~~78457313 0.~~96607903~~84878457 2047.~~18617443~~17284990 AV-2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 AV-2C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 AV-3 0.00000000 410.~~38451485~~24612480 ~~992~~967.~~63223344~~15542674 0.~~99263223~~96715543 410.~~38451485~~24612480 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 1,000.03556010 1.00003556 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 R-X 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-1 172,567,000.00 12.~~90000~~38250% ~~172~~168,~~052~~667,~~189~~253.2253 ~~272~~357,~~415~~199.9776 0.00 0.00 AV-2A 37,482,000.00 12.~~62000~~10250% 3633,~~967~~582,~~192~~276.2013 4962,~~905~~761.7154 0.00 0.00 AV-2B 51,161,000.00 12.~~75000~~23250% 51,161,000.00 74101,~~609~~526.7916 0.00 0.00 AV-2C 83,923,000.00 2.~~03000~~51250% 83,923,000.00 ~~141~~187,~~969~~428.7403 0.00 0.00 AV-3 38,349,000.00 12.~~97000~~45250% 3837,~~234~~482,~~595~~372.2810 6281,~~768~~711.4657 0.00 0.00 M-1 13,554,000.00 2.~~08000~~56250% 13,554,000.00 2330,~~493~~873.6000 0.00 0.00 M-2 10,218,000.00 23.~~75000~~23250% 10,218,000.00 2329,~~416~~359.2572 0.00 0.00 M-3 2,502,000.00 3.~~05000~~53250% 2,502,000.00 67,~~359~~856.2528 0.00 0.00 M-4 2,503,000.00 34.~~60000~~08250% 2,503,000.00 79,~~509~~083.0011 0.00 0.00 M-5 2,711,000.00 34.~~95000~~43250% 2,711,000.00 810,~~923~~681.7134 0.00 0.00 C 2,085,202.36 0.00000% 2,085,276.51 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 R-X 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 417,055,302.36 ~~671~~878,~~371~~480.4851 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 ~~272~~357,~~415~~199.9776 0.00 ~~171~~166,~~295~~899,~~566~~110.6553 AV-2A 0.00 0.00 4962,~~905~~761.7154 0.00 3631,~~210~~814,~~574~~143.0237 AV-2B 0.00 0.00 74101,~~609~~526.7916 0.00 51,161,000.00 AV-2C 0.00 0.00 ~~141~~187,~~969~~428.7403 0.00 83,923,000.00 AV-3 0.00 0.00 6281,~~768~~711.4657 0.00 3837,~~066~~089,~~453~~443.5246 M-1 0.00 0.00 2330,~~493~~873.6000 0.00 13,554,000.00 M-2 0.00 0.00 2329,~~416~~359.2572 0.00 10,218,000.00 M-3 0.00 0.00 67,~~359~~856.2528 0.00 2,502,000.00 M-4 0.00 0.00 79,~~509~~083.0011 0.00 2,503,000.00 M-5 0.00 0.00 810,~~923~~681.7134 0.00 2,711,000.00 C 0.00 0.00 1897,~~145,147~~956.0395 0.00 2,085,276.51 P 0.00 0.00 029,019.1256 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 R-X 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 1,~~816~~805,~~518~~457.6302 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-1 172,567,000.00 12.~~90000~~38250% ~~997~~977.~~01674839~~40155146 12.~~57860987~~06991928 0.00000000 0.00000000 AV-2A 37,482,000.00 12.~~62000~~10250% ~~986~~895.~~26519930~~95742303 1.~~33145803~~67444480 0.00000000 0.00000000 AV-2B 51,161,000.00 12.~~75000~~23250% 1000.00000000 1.~~45833330~~98444440 0.00000000 0.00000000 AV-2C 83,923,000.00 2.~~03000~~51250% 1000.00000000 12.~~69166665~~23333329 0.00000000 0.00000000 AV-3 38,349,000.00 12.~~97000~~45250% ~~997~~977.~~01674829~~40155154 12.~~63676915~~13073535 0.00000000 0.00000000 M-1 13,554,000.00 2.~~08000~~56250% 1000.00000000 12.~~73333333~~27777778 0.00000000 0.00000000 M-2 10,218,000.00 23.~~75000~~23250% 1000.00000000 2.~~29166667~~87333333 0.00000000 0.00000000 M-3 2,502,000.00 3.~~05000~~53250% 1000.00000000 23.~~54166667~~14000000 0.00000000 0.00000000 M-4 2,503,000.00 34.~~60000~~08250% 1000.00000000 3.~~00000000~~62888933 0.00000000 0.00000000 M-5 2,711,000.00 34.~~95000~~43250% 1000.00000000 3.~~29166728~~94000000 0.00000000 0.00000000 C 2,085,202.36 0.00000% 1000.03556010 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 R-X 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 12.~~57860987~~06991928 0.00000000 ~~992~~967.~~63223357~~15542676 AV-2A 0.00000000 0.00000000 1.~~33145803~~67444480 0.00000000 ~~966~~848.~~07902513~~78457313 AV-2B 0.00000000 0.00000000 1.~~45833330~~98444440 0.00000000 1000.00000000 AV-2C 0.00000000 0.00000000 12.~~69166665~~23333329 0.00000000 1000.00000000 AV-3 0.00000000 0.00000000 12.~~63676915~~13073535 0.00000000 ~~992~~967.~~63223344~~15542674 M-1 0.00000000 0.00000000 12.~~73333333~~27777778 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.~~29166667~~87333333 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 23.~~54166667~~14000000 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.~~00000000~~62888933 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 3.~~29166728~~94000000 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~549~~430.~~17788890~~63300101 0.00000000 1000.03556010 P 0.00000000 0.00000000 1290195.~~20000000~~60000000 0.00000000 1000.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-X 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 35,~~561~~835,~~370~~501.5407 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 7834,~~085~~634.0950 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 029,019.1256 Total Deposits 35,~~639~~899,~~455~~155.7513 Withdrawals Reimbursement for Servicer Advances 4065,~~843~~728.8260 Payment of Service Fee ~~100~~98,~~710~~765.7810 Payment of Interest and Principal 35,~~497~~734,~~901~~661.1543 Total Withdrawals (Pool Distribution Amount) 35,~~639~~899,~~455~~155.7513 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 9694,~~378~~511.3705 Master Servicing Fee 4,~~332~~254.4105 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~100~~98,~~710~~765.7810

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 577 0 0 0 577 142,~~878~~181,~~188~~457.2609 0.00 0.00 0.00 142,~~878~~181,~~188~~457.2609 60 Days 19 0 0 0 19 ~~940~~3,~~000~~113,757.0053 0.00 0.00 0.00 ~~940~~3,~~000~~113,757.0053 90 Days 01 0 0 0 01 0404,440.0073 0.00 0.00 0.00 0404,440.0073 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 5817 0 0 0 5817 155,~~818~~699,~~188~~655.2635 0.00 0.00 0.00 155,~~818~~699,~~188~~655.2635 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 30.~~477730~~439147% 0.000000% 0.000000% 0.000000% 30.~~477730~~439147% 30.~~590450~~539123% 0.000000% 0.000000% 0.000000% 30.~~590450~~539123% 60 Days 0.~~061013~~564617% 0.000000% 0.000000% 0.000000% 0.~~061013~~564617% 0.~~226844~~769531% 0.000000% 0.000000% 0.000000% 0.~~226844~~769531% 90 Days 0.~~000000~~062735% 0.000000% 0.000000% 0.000000% 0.~~000000~~062735% 0.~~000000~~099953% 0.000000% 0.000000% 0.000000% 0.~~000000~~099953% 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 31.~~538743~~066499% 0.000000% 0.000000% 0.000000% 31.~~538743~~066499% 31.~~817294~~408608% 0.000000% 0.000000% 0.000000% 31.~~817294~~408608% (7) Delinquencies are stratified according to the information the Servicer has provided. All 90+ delinquencies are ~~reoprted~~reported in the 90+ day.

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 7834,~~085~~634.0950 Class M-1 20,019,302.36 4.80015534% 20,019,376.51 4.94965457% 3.351134% 0.000000% Class M-2 9,801,302.36 2.35012055% 9,801,376.51 2.42332362% 2.526331% 0.000000% Class M-3 7,299,302.36 1.75020011% 7,299,376.51 1.80472115% 0.618602% 0.000000% Class M-4 4,796,302.36 1.15003989% 4,796,376.51 1.18587144% 0.618850% 0.000000% Class C 100.00 0.00002398% 100.00 0.00002472% 0.515570% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000025% 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.~~531647~~524537% Weighted Average Net Coupon 5.~~253573~~246828% Weighted Average Pass-Through Rate 5.~~241073~~234328% Weighted Average Maturity(Stepdown Calculation ) ~~352~~349 Beginning Scheduled Collateral Loan Count 1,~~644~~613 Number Of Loans Paid In Full 519 Ending Scheduled Collateral Loan Count 1,~~639~~594 Beginning Scheduled Collateral Balance ~~415~~408,~~911~~389,~~353~~278.2227 Ending Scheduled Collateral Balance ~~414~~404,~~229~~460,~~970~~073.7087 Ending Actual Collateral Balance at 31-~~Jul~~Oct-2004 ~~414~~404,~~382~~630,~~247~~397.6106 Monthly P &I Constant 2,~~120~~082,~~960~~242.8211 Special Servicing Fee 0.00 Prepayment Penalties 029,019.1256 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~203~~202,~~731~~107.8552 Unscheduled Principal 13,~~477~~727,~~650~~096.6788

Other Income 0(4,932.0043)

Miscellaneous Reporting General Excess Available Amt 1897,~~145,147~~956.0316 Excess Overcollateralization Amt 0.00 Extra Principal Distribution Amt 0.00 Overcollateralization Amt 2,085,276.51 Overcollateralization Deficit Amt 0.00 Overcollateralization Release Amt 0.00 Specified Overcollateralization Amt 2,085,276.51 Overcollateralization Increase Amt 0.00 Stepdown Date NO Trigger Event NO

Group Level Collateral Statement Group Group 1 Group 2 Total Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.~~040103~~034997 5.~~289992~~283188 5.~~531647~~524537 Weighted Average Net Rate 5.~~766442~~760910 5.~~009821~~003767 5.~~253573~~246828 Weighted Average Maturity ~~341~~338 ~~357~~354 ~~352~~349 Beginning Loan Count ~~539~~528 1,~~105~~085 1,~~644~~613 Loans Paid In Full 2 3 516 19 Ending Loan Count ~~537~~525 1,~~102~~069 1,~~639~~594 Beginning Scheduled Balance ~~133~~131,~~989~~102,~~334~~794.6598 ~~281~~277,~~922~~286,~~018~~483.5729 ~~415~~408,~~911~~389,~~353~~278.2227 Ending scheduled Balance ~~133~~130,~~258~~474,~~801~~614.1971 ~~280~~273,~~971~~985,~~169~~459.5116 ~~414~~404,~~229~~460,~~970~~073.7087 Record Date 0710/31/2004 0710/31/2004 0710/31/2004 Principal And Interest Constant ~~811~~795,~~626~~589.4368 1,~~309~~286,~~334~~652.3943 2,~~120~~082,~~960~~242.8211 Scheduled Principal ~~137~~136,~~201~~252.9018 6665,~~529~~855.9534 ~~203~~202,~~731~~107.8552 Unscheduled Principal ~~593~~491,~~331~~928.5609 ~~884~~3,~~319~~235,168.1179 13,~~477~~727,~~650~~096.6788 Scheduled Interest ~~674~~659,~~424~~337.5350 1,~~242~~220,~~804~~797.4409 1,~~917~~880,~~228~~134.9759 Servicing Fees 3029,~~556~~944.4071 6564,~~821~~566.9734 9694,~~378~~511.3705 Master Servicing Fees 1,~~395~~365.7265 2,~~936~~888.6940 4,~~332~~254.4105 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 ~~642~~628,~~472~~027.2314 1,~~174~~153,~~045~~342.1235 1,~~816~~781,~~517~~369.3549 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.~~753942~~748410 4.~~997321~~991267 5.~~241073~~234328

Filing Compare · HOMESTAR MORTGAGE ACCEP CORP ASST BACK CERTS SER 2004-3