8-K 1 wfm0400j_dec.txt DEC 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): December 27, 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 December 27, 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 December 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. 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: 12/23/2004 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 December 27, 2004 distribution. EX-99.1

Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 1011/3130/2004 Distribution Date: 1112/2627/2004 ~~WFMBS~~Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates 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.~~54883~~54675% ~~406~~402,~~344~~187,~~368~~106.6906 1,~~539~~524,~~733~~369.1257 4,~~157~~810,~~262~~806.6422 A-R 949813AB5 SEN 4.~~54675~~54535% 0.00 0.00 0.00 B-1 949813AC3 SUB 4.~~54883~~54675% 4,~~680~~677,~~219~~708.8997 17,~~734~~729.4445 2,~~510~~514.9276 B-2 949813AD1 SUB 4.~~54883~~54675% 3,~~191~~189,~~331~~619.1704 12,~~092~~089.6929 1,~~712~~714.1476 B-3 949813AE9 SUB 4.~~54883~~54675% 1,~~914~~913,~~998~~970.2990 7,~~256~~254.3733 1,~~027~~028.3996 B-4 949813AF6 SUB 4.~~54883~~54675% 1,~~276~~275,~~332~~648.8914 4,~~836~~834.3296 ~~684~~685.7580 B-5 949813AG4 SUB 4.~~54883~~54675% ~~851~~850,~~221~~764.2355 3,~~225~~224.4757 ~~456~~457.6838 B-6 949813AH2 SUB 4.~~54883~~54675% 426,~~603~~374.0316 1,616.5004 ~~228~~229.8722 Totals ~~418~~414,~~685~~521,~~075~~191.1982 1,~~586~~571,~~494~~118.9121 4,~~163~~817,~~883~~437.3910

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~402~~397,~~187~~376,~~106~~299.0683 56,~~696~~335,~~995~~175.7679 0.00 A-R 0.00 0.00 0.00 0.00 B-1 0.00 4,~~677~~675,~~708~~194.9721 20,~~245~~244.3621 0.00 B-2 0.00 3,~~189~~187,~~619~~904.0428 13,804.8305 0.00 B-3 0.00 1,~~913~~912,~~970~~941.9094 8,283.7629 0.00 B-4 0.00 1,~~275~~274,~~648~~962.1434 5,~~521~~520.0776 0.00 B-5 0.00 850,~~764~~307.5518 3,~~682~~681.1595 0.00 B-6 0.00 426,~~374~~144.1694 1,845.3726 0.00 Totals 0.00 ~~414~~409,~~521~~703,~~191~~754.8272 56,~~750~~388,~~378~~555.3031 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 ~~406~~402,~~344~~187,~~368~~106.6906 ~~218~~216,~~002~~218.2911 34,~~939~~594,~~260~~588.3511 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,~~680~~677,~~219~~708.8997 2,~~510~~514.9276 0.00 0.00 0.00 B-2 3,198,000.00 3,~~191~~189,~~331~~619.1704 1,~~712~~714.1476 0.00 0.00 0.00 B-3 1,919,000.00 1,~~914~~913,~~998~~970.2990 1,~~027~~028.3996 0.00 0.00 0.00 B-4 1,279,000.00 1,~~276~~275,~~332~~648.8914 ~~684~~685.7580 0.00 0.00 0.00 B-5 853,000.00 ~~851~~850,~~221~~764.2355 ~~456~~457.6838 0.00 0.00 0.00 B-6 427,494.49 426,~~603~~374.0316 ~~228~~229.8722 0.00 0.00 0.00 Totals 426,419,494.49 ~~418~~414,~~685~~521,~~075~~191.1982 ~~224~~222,~~623~~848.0499 34,~~939~~594,~~260~~588.3511 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 4,~~157~~810,~~262~~806.6422 ~~402~~397,~~187~~376,~~106~~299.0683 0.~~97134232~~95972350 4,~~157~~810,~~262~~806.6422 A-R 0.00 0.00 0.00000000 0.00 B-1 2,~~510~~514.9276 4,~~677~~675,~~708~~194.9721 0.~~99737931~~99684312 2,~~510~~514.9276 B-2 1,~~712~~714.1476 3,~~189~~187,~~619~~904.0428 0.~~99737931~~99684311 1,~~712~~714.1476 B-3 1,~~027~~028.3996 1,~~913~~912,~~970~~941.9094 0.~~99737931~~99684312 1,~~027~~028.3996 B-4 ~~684~~685.7580 1,~~275~~274,~~648~~962.1434 0.~~99737931~~99684311 ~~684~~685.7580 B-5 ~~456~~457.6838 850,~~764~~307.5518 0.~~99737931~~99684312 ~~456~~457.6838 B-6 ~~228~~229.8722 426,~~374~~144.1694 0.~~99737931~~99684312 ~~228~~229.8722 Totals 4,~~163~~817,~~883~~437.3910 ~~414~~409,~~521~~703,~~191~~754.8272 0.~~97209719~~96079978 4,~~163~~817,~~883~~437.3910

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 ~~981~~971.~~38273803~~34232379 0.~~52650830~~52219924 911.~~51390595~~09662101 0.00000000 A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,690,000.00 997.~~91468870~~37931130 0.~~53537740~~53619616 0.00000000 0.00000000 B-2 3,198,000.00 997.~~91468730~~37931207 0.~~53537836~~53619762 0.00000000 0.00000000 B-3 1,919,000.00 997.~~91468994~~37931214 0.~~53537780~~53619594 0.00000000 0.00000000 B-4 1,279,000.00 997.~~91469116~~37931196 0.~~53537920~~53620016 0.00000000 0.00000000 B-5 853,000.00 997.~~91468933~~37930832 0.~~53538101~~53620164 0.00000000 0.00000000 B-6 427,494.49 997.~~91468657~~37931125 0.~~53537532~~53619405 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 1011.~~04041426~~61882025 ~~971~~959.~~34232379~~72350352 0.~~97134232~~95972350 1011.~~04041426~~61882025 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 0.00000000 0.~~53537740~~53619616 ~~997~~996.~~37931130~~84311514 0.~~99737931~~99684312 0.~~53537740~~53619616 B-2 0.00000000 0.~~53537836~~53619762 ~~997~~996.~~37931207~~84311445 0.~~99737931~~99684311 0.~~53537836~~53619762 B-3 0.00000000 0.~~53537780~~53619594 ~~997~~996.~~37931214~~84311621 0.~~99737931~~99684312 0.~~53537780~~53619594 B-4 0.00000000 0.~~53537920~~53620016 ~~997~~996.~~37931196~~84311181 0.~~99737931~~99684311 0.~~53537920~~53620016 B-5 0.00000000 0.~~53538101~~53620164 ~~997~~996.~~37930832~~84311841 0.~~99737931~~99684312 0.~~53538101~~53620164 B-6 0.00000000 0.~~53537532~~53619405 ~~997~~996.~~37931125~~84311721 0.~~99737931~~99684312 0.~~53537532~~53619405 (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.~~54883~~54675% ~~406~~402,~~344~~187,~~368~~106.6906 1,~~540~~523,~~325~~871.0412 0.00 0.00 A-R 100.00 4.~~54675~~54535% 0.00 0.00 0.00 0.00 B-1 4,690,000.00 4.~~54883~~54675% 4,~~680~~677,~~219~~708.8997 17,~~741~~723.2666 0.00 0.00 B-2 3,198,000.00 4.~~54883~~54675% 3,~~191~~189,~~331~~619.1704 12,~~097~~085.34 0.00 0.00 B-3 1,919,000.00 4.~~54883~~54675% 1,~~914~~913,~~998~~970.2990 7,~~259~~251.1696 0.00 0.00 B-4 1,279,000.00 4.~~54883~~54675% 1,~~276~~275,~~332~~648.8914 4,~~838~~833.1838 0.00 0.00 B-5 853,000.00 4.~~54883~~54675% ~~851~~850,~~221~~764.2355 3,~~226~~223.7151 0.00 0.00 B-6 427,494.49 4.~~54883~~54675% 426,~~603~~374.0316 1,~~617~~615.1251 0.00 0.00 Totals 426,419,494.49 1,~~587~~570,~~104~~604.8148 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 ~~591~~(498.9245) 0.00 1,~~539~~524,~~733~~369.1257 0.00 ~~402~~397,~~187~~376,~~106~~299.0683 A-R 0.00 0.00 0.00 0.00 0.00 B-1 6(5.8280) 0.00 17,~~734~~729.4445 0.00 4,~~677~~675,~~708~~194.9721 B-2 4(3.6595) 0.00 12,~~092~~089.6929 0.00 3,~~189~~187,~~619~~904.0428 B-3 (2.7937) 0.00 7,~~256~~254.3733 0.00 1,~~913~~912,~~970~~941.9094 B-4 (1.8658) 0.00 4,~~836~~834.3296 0.00 1,~~275~~274,~~648~~962.1434 B-5 (1.2405) 0.00 3,~~225~~224.4757 0.00 850,~~764~~307.5518 B-6 (0.6253) 0.00 1,616.5004 0.00 426,~~374~~144.1694 Totals ~~609~~(513.9073) 0.00 1,~~586~~571,~~494~~118.9121 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.~~54883~~54675% ~~981~~971.~~38273803~~34232379 3.~~72011654~~68037785 0.00000000 0.00000000 A-R 100.00 4.~~54675~~54535% 0.00000000 0.00000000 0.00000000 0.00000000 B-1 4,690,000.00 4.~~54883~~54675% 997.~~91468870~~37931130 3.~~78278465~~77903198 0.00000000 0.00000000 B-2 3,198,000.00 4.~~54883~~54675% 997.~~91468730~~37931207 3.~~78278299~~77903064 0.00000000 0.00000000 B-3 1,919,000.00 4.~~54883~~54675% 997.~~91468994~~37931214 3.~~78278270~~77903075 0.00000000 0.00000000 B-4 1,279,000.00 4.~~54883~~54675% 997.~~91469116~~37931196 3.~~78278342~~77903049 0.00000000 0.00000000 B-5 853,000.00 4.~~54883~~54675% 997.~~91468933~~37930832 3.~~78277843~~77902696 0.00000000 0.00000000 B-6 427,494.49 4.~~54883~~54675% 997.~~91468657~~37931125 3.~~78278560~~77901947 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.~~00142958~~00120383) 0.00000000 3.~~71868696~~68158168 0.00000000 ~~971~~959.~~34232379~~72350352 A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B-1 (0.~~00145416~~00123667) 0.00000000 3.~~78133049~~78026652 0.00000000 ~~997~~996.~~37931130~~84311514 B-2 (0.~~00145403~~00123515) 0.00000000 3.~~78132896~~78026579 0.00000000 ~~997~~996.~~37931207~~84311445 B-3 (0.~~00145388~~00123502) 0.00000000 3.~~78132882~~78026576 0.00000000 ~~997~~996.~~37931214~~84311621 B-4 (0.~~00145426~~00123534) 0.00000000 3.~~78132916~~78026583 0.00000000 ~~997~~996.~~37931196~~84311181 B-5 (0.~~00145369~~00123095) 0.00000000 3.~~78132474~~78026964 0.00000000 ~~997~~996.~~37930832~~84311841 B-6 (0.~~00145031~~00123978) 0.00000000 3.~~78133529~~78025925 0.00000000 ~~997~~996.~~37931125~~84311721 (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 072,621.0068 Deposits Payments of Interest and Principal 56,~~987~~464,~~886~~106.1171 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 56,~~987~~464,~~886~~106.1171 Withdrawals Reimbursement for Servicer Advances ~~76,130~~0.5700 Payment of Service Fee 8887,~~755~~141.5606 Payment of Interest and Principal 56,~~750~~388,~~378~~555.3032 Total Withdrawals (Pool Distribution Amount) 56,~~915~~475,~~264~~696.4338 Ending Balance 7261,~~621~~032.6801

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 2,~~532~~156.9565 Servicing Fee Support 12,~~923~~670.0537 Non-Supported Prepayment/Curtailment Interest Shortfall ~~609~~(513.9072)

SERVICING FEES Gross Servicing Fee 8786,~~190~~357.9714 Master Servicing Fee 3,~~487~~454.6429 Supported Prepayment/Curtailment Interest Shortfall 12,~~923~~670.0537 Net Servicing Fee 8887,~~755~~141.5606

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 3555,~~103~~491.2633

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 12,366,494.49 2.90007719% 12,~~334~~327,~~085~~454.7689 23.~~97550186~~00887037% 9796.~~024498~~991130% 100.000000% Class B-1 7,676,494.49 1.80022128% 7,~~656~~652,~~376~~260.7968 1.~~84704110~~86775459% 1.~~128461~~141116% 0.000000% Class B-2 4,478,494.49 1.05025557% 4,~~466~~464,~~757~~356.7540 1.~~07757042~~08965474% 0.~~769471~~778100% 0.000000% Class B-3 2,559,494.49 0.60022924% 2,~~552~~551,~~786~~414.8546 0.~~61583989~~62274617% 0.~~461731~~466909% 0.000000% Class B-4 1,280,494.49 0.30028986% 1,~~277~~276,~~138~~452.7112 0.~~30809974~~31155490% 0.~~307740~~311191% 0.000000% Class B-5 427,494.49 0.10025210% 426,~~374~~144.1694 0.~~10285944~~10401294% 0.~~205240~~207542% 0.000000% Class B-6 0.00 0.00000000% 0.00 0.00000000% 0.~~102859~~104013% 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.~~808908~~808316% Weighted Average Net Coupon 4.~~548908~~548316% Weighted Average Pass-Through Rate 4.~~548908~~548316% Weighted Average Maturity(Stepdown Calculation ) ~~354~~353 Beginning Scheduled Collateral Loan Count ~~911~~903 Number Of Loans Paid In Full 8 Ending Scheduled Collateral Loan Count ~~903~~895 Beginning Scheduled Collateral Balance ~~418~~414,~~685~~521,~~075~~191.2082 Ending Scheduled Collateral Balance ~~414~~409,~~521~~703,~~191~~754.8272 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2004 ~~416~~412,~~764~~225,~~736~~830.6171 Monthly P &I Constant 1,~~903~~886,~~961~~350.3317 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 56,~~697~~334,~~587~~677.6834 Ending Scheduled Balance for Premium Loans ~~414~~409,~~521~~703,~~191~~754.8272 Scheduled Principal ~~224~~222,~~623~~848.0399 Unscheduled Principal 34,~~939~~594,~~260~~588.3511 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% ~~411~~407,~~965~~148,~~980~~524.1258 Greater Than 80%, less than or equal to 85% 295,000.00 Greater than 85%, less than or equal to 95% 2,248,885.6447 Greater than 95% 0.00

Filing Compare · Wells Fargo Asset Securities Series 2004-J