8-K 1 wfm0400j_nov.txt NOVEMBER 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 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2004-J Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-110283-26 Pooling and Servicing Agreement) (Commission 54-2155174 (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 WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2004-J 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-J 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. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2004-J Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 12/3/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-J Trust, relating to the November 26, 2004 distribution. EX-99.1

Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 810/31/2004 Distribution Date: 911/2726/2004 WFMBS Series: 2004-J 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 949813AA7 SEN 4.~~54915~~54883% ~~410~~406,~~148~~344,~~059~~368.9569 1,~~554~~539,~~675~~733.0312 ~~374~~4,~~999~~157,262.6764 A-R 949813AB5 SEN 4.~~54917~~54675% 0.00 0.00 0.00 B-1 949813AC3 SUB 4.~~54915~~54883% 4,~~685~~680,~~177~~219.2889 17,~~759~~734.2744 2,~~474~~510.2492 B-2 949813AD1 SUB 4.~~54915~~54883% 3,~~194~~191,~~711~~331.5017 12,~~109~~092.6269 1,~~687~~712.1214 B-3 949813AE9 SUB 4.~~54915~~54883% 1,~~917~~914,~~026~~998.7029 7,~~266~~256.5337 1,~~012~~027.3839 B-4 949813AF6 SUB 4.~~54915~~54883% 1,~~277~~276,~~684~~332.8189 4,~~843~~836.0932 ~~674~~684.7475 B-5 949813AG4 SUB 4.~~54915~~54883% ~~852~~851,~~122~~221.8623 3,~~229~~225.9947 ~~450~~456.0168 B-6 949813AH2 SUB 4.~~54915~~54883% ~~427~~426,~~054~~603.9003 1,~~618~~616.7650 ~~225~~228.5387 Totals ~~422~~418,~~501~~685,~~838~~075.0019 1,~~601~~586,~~502~~494.2991 ~~381~~4,~~523~~163,883.6939

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~409~~402,~~773~~187,~~060~~106.2806 15,~~929~~696,~~674~~995.7076 0.00 A-R 0.00 0.00 0.00 0.00 B-1 0.00 4,~~682~~677,~~703~~708.0497 20,~~233~~245.5136 0.00 B-2 0.00 3,~~193~~189,~~024~~619.3804 13,~~796~~804.7483 0.00 B-3 0.00 1,~~916~~913,~~014~~970.3290 8,~~278~~283.9176 0.00 B-4 0.00 1,~~277~~275,~~010~~648.0614 5,~~517~~521.8307 0.00 B-5 0.00 ~~851~~850,~~672~~764.8655 3,~~680~~682.0015 0.00 B-6 0.00 426,~~829~~374.3716 1,~~844~~845.2937 0.00 Totals 0.00 ~~422~~414,~~120~~521,~~314~~191.3182 15,~~983~~750,~~025~~378.9830 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-1 414,052,900.00 ~~410~~406,~~148~~344,~~059~~368.9569 ~~216~~218,~~598~~002.8329 ~~158~~3,~~400~~939,260.8435 0.00 0.00 A-R 100.00 0.00 0.00 0.00 0.00 0.00 B-1 4,690,000.00 4,~~685~~680,~~177~~219.2889 2,~~474~~510.2492 0.00 0.00 0.00 B-2 3,198,000.00 3,~~194~~191,~~711~~331.5017 1,~~687~~712.1214 0.00 0.00 0.00 B-3 1,919,000.00 1,~~917~~914,~~026~~998.7029 1,~~012~~027.3839 0.00 0.00 0.00 B-4 1,279,000.00 1,~~277~~276,~~684~~332.8189 ~~674~~684.7475 0.00 0.00 0.00 B-5 853,000.00 ~~852~~851,~~122~~221.8623 ~~450~~456.0168 0.00 0.00 0.00 B-6 427,494.49 ~~427~~426,~~054~~603.9003 ~~225~~228.5387 0.00 0.00 0.00 Totals 426,419,494.49 ~~422~~418,~~501~~685,~~838~~075.0019 ~~223~~224,~~122~~623.8504 ~~158~~3,~~400~~939,260.8435 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 ~~374~~4,~~999~~157,262.6764 ~~409~~402,~~773~~187,~~060~~106.2806 0.~~98966354~~97134232 ~~374~~4,~~999~~157,262.6764 A-R 0.00 0.00 0.00000000 0.00 B-1 2,~~474~~510.2492 4,~~682~~677,~~703~~708.0497 0.~~99844414~~99737931 2,~~474~~510.2492 B-2 1,~~687~~712.1214 3,~~193~~189,~~024~~619.3804 0.~~99844415~~99737931 1,~~687~~712.1214 B-3 1,~~012~~027.3839 1,~~916~~913,~~014~~970.3290 0.~~99844415~~99737931 1,~~012~~027.3839 B-4 ~~674~~684.7475 1,~~277~~275,~~010~~648.0614 0.~~99844414~~99737931 ~~674~~684.7475 B-5 ~~450~~456.0168 ~~851~~850,~~672~~764.8655 0.~~99844415~~99737931 ~~450~~456.0168 B-6 ~~225~~228.5387 426,~~829~~374.3716 0.~~99844414~~99737931 ~~225~~228.5387 Totals ~~381~~4,~~523~~163,883.6939 ~~422~~414,~~120~~521,~~314~~191.3182 0.~~98991796~~97209719 ~~381~~4,~~523~~163,883.6939

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 414,052,900.00 ~~990~~981.~~56922425~~38273803 0.~~52311874~~52650830 09.~~38256184~~51390595 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,690,000.00 ~~998~~997.~~97170149~~91468870 0.~~52755650~~53537740 0.00000000 0.00000000 B-2 3,198,000.00 ~~998~~997.~~97170106~~91468730 0.~~52755472~~53537836 0.00000000 0.00000000 B-3 1,919,000.00 ~~998~~997.~~97170401~~91468994 0.~~52755602~~53537780 0.00000000 0.00000000 B-4 1,279,000.00 ~~998~~997.~~97170446~~91469116 0.~~52755278~~53537920 0.00000000 0.00000000 B-5 853,000.00 ~~998~~997.~~97169988~~91468933 0.~~52756155~~53538101 0.00000000 0.00000000 B-6 427,494.49 ~~998~~997.~~97170604~~91468657 0.~~52756236~~53537532 0.00000000 0.00000000 (2) 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 010.~~90568058~~04041426 ~~989~~971.~~66354367~~34232379 0.~~98966354~~97134232 010.~~90568058~~04041426 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.~~52755650~~53537740 ~~998~~997.~~44414499~~37931130 0.~~99844414~~99737931 0.~~52755650~~53537740 B-2 0.00000000 0.~~52755472~~53537836 ~~998~~997.~~44414634~~37931207 0.~~99844415~~99737931 0.~~52755472~~53537836 B-3 0.00000000 0.~~52755602~~53537780 ~~998~~997.~~44414799~~37931214 0.~~99844415~~99737931 0.~~52755602~~53537780 B-4 0.00000000 0.~~52755278~~53537920 ~~998~~997.~~44414386~~37931196 0.~~99844414~~99737931 0.~~52755278~~53537920 B-5 0.00000000 0.~~52756155~~53538101 ~~998~~997.~~44415006~~37930832 0.~~99844415~~99737931 0.~~52756155~~53538101 B-6 0.00000000 0.~~52756236~~53537532 ~~998~~997.~~44414369~~37931125 0.~~99844414~~99737931 0.~~52756236~~53537532 (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-1 414,052,900.00 4.~~54915~~54883% ~~410~~406,~~148~~344,~~059~~368.9569 1,~~554~~540,~~854~~325.1904 0.00 0.00 A-R 100.00 4.~~54917~~54675% 0.00 0.00 0.00 0.00 B-1 4,690,000.00 4.~~54915~~54883% 4,~~685~~680,~~177~~219.2889 17,~~761~~741.3126 0.00 0.00 B-2 3,198,000.00 4.~~54915~~54883% 3,~~194~~191,~~711~~331.5017 12,~~111~~097.0234 0.00 0.00 B-3 1,919,000.00 4.~~54915~~54883% 1,~~917~~914,~~026~~998.7029 7,~~267~~259.3716 0.00 0.00 B-4 1,279,000.00 4.~~54915~~54883% 1,~~277~~276,~~684~~332.8189 4,~~843~~838.6518 0.00 0.00 B-5 853,000.00 4.~~54915~~54883% ~~852~~851,~~122~~221.8623 3,~~230~~226.3671 0.00 0.00 B-6 427,494.49 4.~~54915~~54883% ~~427~~426,~~054~~603.9003 1,~~618~~617.9512 0.00 0.00 Totals 426,419,494.49 1,~~601~~587,~~686~~104.8581 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 ~~179~~591.1692 0.00 1,~~554~~539,~~675~~733.0312 0.00 ~~409~~402,~~773~~187,~~060~~106.2806 A-R 0.00 0.00 0.00 0.00 0.00 B-1 26.0582 0.00 17,~~759~~734.2744 0.00 4,~~682~~677,~~703~~708.0497 B-2 14.4065 0.00 12,~~109~~092.6269 0.00 3,~~193~~189,~~024~~619.3804 B-3 02.8479 0.00 7,~~266~~256.5337 0.00 1,~~916~~913,~~014~~970.3290 B-4 01.5686 0.00 4,~~843~~836.0932 0.00 1,~~277~~275,~~010~~648.0614 B-5 01.3724 0.00 3,~~229~~225.9947 0.00 ~~851~~850,~~672~~764.8655 B-6 0.1962 0.00 1,~~618~~616.7650 0.00 426,~~829~~374.3716 Totals ~~184~~609.5790 0.00 1,~~601~~586,~~502~~494.2991 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-1 414,052,900.00 4.~~54915~~54883% ~~990~~981.~~56922425~~38273803 3.~~75520662~~72011654 0.00000000 0.00000000 A-R 100.00 4.~~54917~~54675% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,690,000.00 4.~~54915~~54883% ~~998~~997.~~97170149~~91468870 3.~~78705970~~78278465 0.00000000 0.00000000 B-2 3,198,000.00 4.~~54915~~54883% ~~998~~997.~~97170106~~91468730 3.~~78706066~~78278299 0.00000000 0.00000000 B-3 1,919,000.00 4.~~54915~~54883% ~~998~~997.~~97170401~~91468994 3.~~78706097~~78278270 0.00000000 0.00000000 B-4 1,279,000.00 4.~~54915~~54883% ~~998~~997.~~97170446~~91469116 3.~~78706020~~78278342 0.00000000 0.00000000 B-5 853,000.00 4.~~54915~~54883% ~~998~~997.~~97169988~~91468933 3.~~78705744~~78277843 0.00000000 0.00000000 B-6 427,494.49 4.~~54915~~54883% ~~998~~997.~~97170604~~91468657 3.~~78706635~~78278560 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.~~00043270~~00142958 0.00000000 3.~~75477392~~71868696 0.00000000 ~~989~~971.~~66354367~~34232379 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.~~00043710~~00145416 0.00000000 3.~~78662473~~78133049 0.00000000 ~~998~~997.~~44414499~~37931130 B-2 0.~~00043777~~00145403 0.00000000 3.~~78662289~~78132896 0.00000000 ~~998~~997.~~44414634~~37931207 B-3 0.~~00043773~~00145388 0.00000000 3.~~78662324~~78132882 0.00000000 ~~998~~997.~~44414799~~37931214 B-4 0.~~00043784~~00145426 0.00000000 3.~~78662236~~78132916 0.00000000 ~~998~~997.~~44414386~~37931196 B-5 0.~~00043376~~00145369 0.00000000 3.~~78662368~~78132474 0.00000000 ~~998~~997.~~44415006~~37930832 B-6 0.~~00044445~~00145031 0.00000000 3.~~78662190~~78133529 0.00000000 ~~998~~997.~~44414369~~37931125 (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 ~~67,643~~0.5200 Deposits Payments of Interest and Principal 25,~~100~~987,~~096~~886.5411 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 25,~~100~~987,~~096~~886.5411 Withdrawals Reimbursement for Servicer Advances 076,130.0057 Payment of Service Fee 9188,~~529~~755.8356 Payment of Interest and Principal 15,~~983~~750,~~025~~378.9830 Total Withdrawals (Pool Distribution Amount) 25,~~074~~915,~~555~~264.8143 Ending Balance 9372,~~184~~621.2568

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall ~~184~~2,532.5795 Servicing Fee Support 01,923.0005 Non-Supported Prepayment/Curtailment Interest Shortfall ~~184~~609.5790

SERVICING FEES Gross Servicing Fee 8887,~~009~~190.4597 Master Servicing Fee 3,~~520~~487.3864 Supported Prepayment/Curtailment Interest Shortfall 01,923.0005 Net Servicing Fee 9188,~~529~~755.8356

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 4335,~~511~~103.0726

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 12,366,494.49 2.90007719% 12,~~347~~334,~~254~~085.0376 2.~~92505563~~97550186% 97.~~074944~~024498% 100.000000% Class B-1 7,676,494.49 1.80022128% 7,~~664~~656,~~550~~376.9979 1.~~81572664~~84704110% 1.~~109329~~128461% 0.000000% Class B-2 4,478,494.49 1.05025557% 4,~~471~~466,~~526~~757.6175 1.~~05930145~~07757042% 0.~~756425~~769471% 0.000000% Class B-3 2,559,494.49 0.60022924% 2,~~555~~552,~~512~~786.2985 0.~~60539903~~61583989% 0.~~453902~~461731% 0.000000% Class B-4 1,280,494.49 0.30028986% 1,~~278~~277,~~502~~138.2371 0.~~30287626~~30809974% 0.~~302523~~307740% 0.000000% Class B-5 427,494.49 0.10025210% 426,~~829~~374.3716 0.~~10111557~~10285944% 0.~~201761~~205240% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~101116~~102859% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description 7/1 CMT ARM Weighted Average Gross Coupon 4.~~809234~~808908% Weighted Average Net Coupon 4.~~549234~~548908% Weighted Average Pass-Through Rate 4.~~549234~~548908% Weighted Average Maturity(Stepdown Calculation ) ~~356~~354 Beginning Scheduled Collateral Loan Count ~~917~~911 Number Of Loans Paid In Full 08 Ending Scheduled Collateral Loan Count ~~917~~903 Beginning Scheduled Collateral Balance ~~422~~418,~~501~~685,~~838~~075.0020 Ending Scheduled Collateral Balance ~~422~~414,~~120~~521,~~314~~191.3182 Ending Actual Collateral Balance at 31-~~Aug~~Oct-2004 ~~422~~416,~~349~~764,~~846~~736.1261 Monthly P &I Constant 1,~~916~~903,~~154~~961.9533 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 15,~~929~~697,~~853~~587.8668 Ending Scheduled Balance for Premium Loans ~~422~~414,~~120~~521,~~314~~191.3182 Scheduled Principal ~~223~~224,~~122~~623.8503 Unscheduled Principal ~~158~~3,~~400~~939,260.8435 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% ~~419~~411,~~559~~965,~~697~~980.0312 Greater Than 80%, less than or equal to 85% 295,000.00 Greater than 85%, less than or equal to 95% 2,248,~~926~~885.0064 Greater than 95% 0.00

Filing Compare · Wells Fargo Asset Securities Series 2004-J