8-K 1 bsl04004_nov.txt NOV 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): November 26, 2004 BEAR STEARNS ALT-A TRUST Mortgage Pass-Through Certificates, Series 2004-4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-106323-23 Pooling and Servicing Agreement) (Commission 54-2151929 (State or other File Number) 54-2151930 jurisdiction IRS EIN 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 BEAR STEARNS ALT-A TRUST, Mortgage Pass-Through Certificates, Series 2004-4 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 2004-4 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. BEAR STEARNS ALT-A TRUST Mortgage Pass-Through Certificates, Series 2004-4 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: 11/29/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-4 Trust, relating to the November 26, 2004 distribution. EX-99.1

Bear Stearns ALT-A Trust Mortgage Pass-Through Certificates Record Date: 810/31/~~2004~~04 Distribution Date: 911/2726/~~2004~~04 BSL Series: 2004-4 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 07386HHT1 SEN 12.~~91500~~23250% ~~425~~397,~~797~~806,~~162~~297.4071 ~~747~~789,~~451~~424.4652 1412,~~132~~538,~~225~~094.7440 M-1 07386HHU8 SUB 2.~~18500~~50250% 10,995,000.00 2224,~~022~~457.0777 0.00 M-2 07386HHV6 SUB 23.~~86500~~18250% 8,746,000.00 2224,~~969~~741.1846 0.00 B 07386HHW4 SUB 3.~~56500~~88250% 5,997,700.00 1920,~~599~~698.9873 0.00 XP 07386HJB8 SUB 0.00000% 100.00 ~~40,674~~0.5200 0.00 B-IO 07386HHX2 SUB 0.00000% 0.00 1,~~217~~039,~~919~~065.0158 0.00 OC BSL04004X OC 0.00000% 1,749,225.45 0.00 0.00 R-I 07386HHY0 SUB 0.00000% 0.00 0.00 0.00 R-II 07386HHZ7 SUB 0.00000% 0.00 0.00 0.00 Totals ~~453~~425,~~285~~294,~~187~~323.8516 21,~~070~~898,~~636~~388.2206 1412,~~132~~538,~~225~~094.7440

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~411~~385,~~664~~268,~~936~~203.6631 1413,~~879~~327,~~677~~518.2092 0.00 M-1 0.00 10,995,000.00 2224,~~022~~457.0777 0.00 M-2 0.00 8,746,000.00 2224,~~969~~741.1846 0.00 B 0.00 5,997,700.00 1920,~~599~~698.9873 0.00 XP 0.00 100.00 ~~40,674~~0.5200 0.00 B-IO 0.00 0.00 1,~~217~~039,~~919~~065.0158 0.00 OC 0.00 1,749,225.45 0.00 0.00 R-I 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 Totals 0.00 ~~439~~412,~~152~~756,~~962~~228.1176 1614,~~202~~436,~~861~~482.9646 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-1 474,040,000.00 ~~425~~397,~~797~~806,~~162~~297.4071 0.00 1412,~~132~~538,~~225~~094.7440 0.00 0.00 M-1 10,995,000.00 10,995,000.00 0.00 0.00 0.00 0.00 M-2 8,746,000.00 8,746,000.00 0.00 0.00 0.00 0.00 B 5,997,700.00 5,997,700.00 0.00 0.00 0.00 0.00 XP 100.00 100.00 0.00 0.00 0.00 0.00 B-IO 0.00 0.00 0.00 0.00 0.00 0.00 OC 45.04 1,749,225.45 0.00 0.00 0.00 0.00 R-I 0.00 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 0.00 Totals 499,778,845.04 ~~453~~425,~~285~~294,~~187~~323.8516 0.00 1412,~~132~~538,~~225~~094.7440 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 1412,~~132~~538,~~225~~094.7440 ~~411~~385,~~664~~268,~~936~~203.6631 0.~~86841814~~81273353 1412,~~132~~538,~~225~~094.7440 M-1 0.00 10,995,000.00 1.00000000 0.00 M-2 0.00 8,746,000.00 1.00000000 0.00 B 0.00 5,997,700.00 1.00000000 0.00 XP 0.00 100.00 1.00000000 0.00 B-IO 0.00 0.00 0.00000000 0.00 OC 0.00 1,749,225.45 38,837.15475133 0.00 R-I 0.00 0.00 0.00000000 0.00 R-II 0.00 0.00 0.00000000 0.00 Totals 1412,~~132~~538,~~225~~094.7440 ~~439~~412,~~152~~756,~~962~~228.1176 0.~~87869458~~82587775 1412,~~132~~538,~~225~~094.7440

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 474,040,000.00 ~~898~~839.~~23044975~~18297551 0.00000000 2926.~~81230643~~44944393 0.00000000 M-1 10,995,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 8,746,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B 5,997,700.00 1000.00000000 0.00000000 0.00000000 0.00000000 XP 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 OC 45.04 38837154.75133220 0.00000000 0.00000000 0.00000000 R-I 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000

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 2926.~~81230643~~44944393 ~~868~~812.~~41814332~~73353158 0.~~86841814~~81273353 2926.~~81230643~~44944393 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 B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 XP 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00000000 0.~~00000000 38~~0000000038,837,154.75133220 38837.15475133 0.00000000 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 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-1 474,040,000.00 12.~~91500~~23250% ~~425~~397,~~797~~806,~~162~~297.4071 ~~747~~789,~~451~~424.4450 0.00 0.00 M-1 10,995,000.00 2.~~18500~~50250% 10,995,000.00 2224,~~022~~457.0777 0.00 0.00 M-2 8,746,000.00 23.~~86500~~18250% 8,746,000.00 2224,~~969~~741.1846 0.00 0.00 B 5,997,700.00 3.~~56500~~88250% 5,997,700.00 1920,~~599~~698.9873 0.00 0.00 XP 100.00 0.00000% 100.00 0.00 0.00 0.00 B-IO 0.00 0.00000% ~~453~~425,~~285~~294,~~087~~223.8516 0.00 0.00 0.00 OC 45.04 0.00000% 1,749,225.45 0.00 0.00 0.00 R-I 0.00 0.00000% 0.00 0.00 0.00 0.00 R-II 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 499,778,845.04 ~~812~~859,~~042~~322.6746 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 (0.02) 0.00 ~~747~~789,~~451~~424.4652 0.00 ~~411~~385,~~664~~268,~~936~~203.6631 M-1 0.00 0.00 2224,~~022~~457.0777 0.00 10,995,000.00 M-2 0.00 0.00 2224,~~969~~741.1846 0.00 8,746,000.00 B 0.00 0.00 1920,~~599~~698.9873 0.00 5,997,700.00 XP 0.00 0.00 ~~40,674~~0.5200 0.00 100.00 B-IO 0.00 0.00 1,~~217~~039,~~919~~065.0158 0.00 ~~439~~412,~~152~~756,~~862~~128.1176 OC 0.00 0.00 0.00 0.00 1,749,225.45 R-I 0.00 0.00 0.00 0.00 0.00 R-II 0.00 0.00 0.00 0.00 0.00 Totals (0.02) 0.00 21,~~070~~898,~~636~~388.2206 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-1 474,040,000.00 12.~~91500~~23250% ~~898~~839.~~23044975~~18297551 1.~~57676871~~66531200 0.00000000 0.00000000 M-1 10,995,000.00 2.~~18500~~50250% 1000.00000000 2.~~00291678~~22444475 0.00000000 0.00000000 M-2 8,746,000.00 23.~~86500~~18250% 1000.00000000 2.~~62624971~~82888863 0.00000000 0.00000000 B 5,997,700.00 3.~~56500~~88250% 1000.00000000 3.~~26791603~~45111126 0.00000000 0.00000000 XP 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 B-IO 0.00 0.00000% ~~906~~850.~~97151959~~96500678 0.00000000 0.00000000 0.00000000 OC 45.04 0.00000% 38837154.75133220 0.00000000 0.00000000 0.00000000 R-I 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-II 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 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 (0.00000004) 0.00000000 1.~~57676875~~66531204 0.00000000 ~~868~~812.~~41814332~~73353158 M-1 0.00000000 0.00000000 2.~~00291678~~22444475 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.~~62624971~~82888863 0.00000000 1000.00000000 B 0.00000000 0.00000000 3.~~26791603~~45111126 0.00000000 1000.00000000 XP 0.00000000 0.00000000 ~~406745~~0.~~20000000~~00000000 0.00000000 1000.00000000 B-IO 0.00000000 0.00000000 2.~~43691638~~07905116 0.00000000 ~~878~~825.~~69455528~~87771660 OC 0.00000000 0.00000000 0.00000000 0.00000000 38837154.75133220 R-I 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-II 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 1614,~~344~~560,~~955~~281.0667 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 6068,~~717~~552.3031 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 1614,~~405~~628,~~672~~833.3698 Withdrawals Reimbursement for Servicer Advances 7370,~~926~~836.9955 Payment of Service Fee ~~128~~121,~~883~~514.4197 Payment of Interest and Principal 1614,~~202~~436,~~861~~482.9646 Total Withdrawals (Pool Distribution Amount) 1614,~~405~~628,~~672~~833.3698 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall ~~(798~~0.~~09)~~00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall ~~(798~~0.~~09)~~00

SERVICING FEES Gross Servicing Fee ~~123~~116,~~668~~507.4685 Additional Servicing fee ~~703~~582.6293 Additional Servicing fee 4,~~511~~424.3319 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~128~~121,~~883~~514.4197

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 3444 0 0 0 3444 7,~~782~~877,~~902~~438.8189 0.00 0.00 0.00 7,~~782~~877,~~902~~438.8189 60 Days 9 0 0 0 9 1,~~844~~427,~~276~~458.1982 0.00 0.00 0.00 1,~~844~~427,~~276~~458.1982 90 Days 24 0 0 0 24 ~~310~~732,~~894~~349.0015 0.00 0.00 0.00 ~~310~~732,~~894~~349.0015 120 Days 1 0 0 2 0 12 ~~161,720.26~~ 0.00 0.00 263,950.96 0.00 ~~161~~263,~~720~~950.2696 150 Days 0 0 02 0 02 0.00 0.00 0784,808.0043 0.00 0784,808.0043 180+ Days 1 0 0 2 0 12 ~~679,151.73~~ 0.00 0.00 840,871.99 0.00 ~~679~~840,~~151~~871.7399 Totals 4757 0 06 0 4763 10,~~778~~037,~~944~~246.9986 0.00 01,889,631.0038 0.00 1011,~~778~~926,~~944~~878.9924 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 12.~~646489~~247191% 0.000000% 0.000000% 0.000000% 12.~~646489~~247191% 1.~~771207~~907291% 0.000000% 0.000000% 0.000000% 1.~~771207~~907291% 60 Days 0.~~435835~~459653% 0.000000% 0.000000% 0.000000% 0.~~435835~~459653% 0.~~419714~~345617% 0.000000% 0.000000% 0.000000% 0.~~419714~~345617% 90 Days 0.~~096852~~204290% 0.000000% 0.000000% 0.000000% 0.~~096852~~204290% 0.~~070752~~177317% 0.000000% 0.000000% 0.000000% 0.~~070752~~177317% 120 Days 0.~~048426~~000000% 0.000000% 0.~~000000~~102145% 0.000000% 0.~~048426~~102145% 0.~~036804~~000000% 0.000000% 0.~~000000~~063908% 0.000000% 0.~~036804~~063908% 150 Days 0.000000% 0.000000% 0.~~000000~~102145% 0.000000% 0.~~000000~~102145% 0.000000% 0.000000% 0.~~000000~~190018% 0.000000% 0.~~000000~~190018% 180+ Days 0.~~048426~~000000% 0.000000% 0.~~000000~~102145% 0.000000% 0.~~048426~~102145% 0.~~154559~~000000% 0.000000% 0.~~000000~~203593% 0.000000% 0.~~154559~~203593% Totals 2.~~276029~~911134% 0.000000% 0.~~000000~~306435% 0.000000% 23.~~276029~~217569% 2.~~453036~~430225% 0.000000% 0.~~000000~~457519% 0.000000% 2.~~453036~~887744%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 6068,~~717~~552.3031

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~720103~~701865% Weighted Average Net Coupon 5.~~392711~~373129% Weighted Average Pass-Through Rate 5.~~378905~~359001% Weighted Average Maturity(Stepdown Calculation ) ~~353~~351 Beginning Scheduled Collateral Loan Count 2,~~120~~008 Number Of Loans Paid In Full 5550 Ending Scheduled Collateral Loan Count 21,~~065~~958 Beginning Scheduled Collateral Balance ~~453~~425,~~285~~294,~~087~~223.8516 Ending Scheduled Collateral Balance ~~439~~412,~~152~~756,~~862~~128.1176 Ending Actual Collateral Balance at 31-~~Aug~~Oct-2004 ~~439~~413,~~412~~017,~~347~~120.5844 Monthly P &I Constant 2,~~500~~340,~~954~~688.5421 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans ~~439~~412,~~152~~756,~~862~~128.1176 Scheduled Principal ~~340~~319,~~256~~879.5961 Unscheduled Principal 1312,~~791~~218,~~969~~214.1579 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 1,749,225.45 Overcollateralized Amount 1,749,225.45 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 1,~~217~~039,~~919~~065.0360

Filing Compare · BEAR STEARNS ALT-A TRUST MTG PASS-THROUGH CERTS SER 2004-4