8-K 1 bsl04004_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 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 December 27, 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 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. 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: 1/3/05 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 December 27, 2004 distribution. EX-99.1

Bear Stearns ALT-A Trust Mortgage Pass-Through Certificates Record Date: 1011/3130/04 Distribution Date: 1112/2627/04 ~~BSL~~Bear Stearns ALT-A Trust Mortgage Pass-Through Certificates 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 2.~~23250~~48063% ~~397~~385,~~806~~268,~~297~~203.7131 ~~789~~822,~~424~~970.5262 1216,~~538~~073,~~094~~977.4037 M-1 07386HHU8 SUB 2.~~50250~~75063% 10,995,000.00 2426,~~457~~042.7773 0.00 M-2 07386HHV6 SUB 3.~~18250~~43063% 8,746,000.00 2425,~~741~~837.4603 0.00 B 07386HHW4 SUB 34.~~88250~~13063% 5,997,700.00 2021,~~698~~333.7341 0.00 XP 07386HJB8 SUB 0.00000% 100.00 020,157.0030 0.00 B-IO 07386HHX2 SUB 0.00000% 0.00 1943,~~039,065~~020.5885 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 ~~425~~412,~~294~~756,~~323~~228.1676 1,~~898~~859,~~388~~361.0694 1216,~~538~~073,~~094~~977.4037

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~385~~369,~~268~~194,~~203~~225.3194 1316,~~327~~896,~~518~~947.9299 0.00 M-1 0.00 10,995,000.00 2426,~~457~~042.7773 0.00 M-2 0.00 8,746,000.00 2425,~~741~~837.4603 0.00 B 0.00 5,997,700.00 2021,~~698~~333.7341 0.00 XP 0.00 100.00 020,157.0030 0.00 B-IO 0.00 0.00 1943,~~039,065~~020.5885 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 ~~412~~396,~~756~~682,~~228~~251.7639 1417,~~436~~933,~~482~~339.4631 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 ~~397~~385,~~806~~268,~~297~~203.7131 0.00 1216,~~538~~073,~~094~~977.4037 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 ~~425~~412,~~294~~756,~~323~~228.1676 0.00 1216,~~538~~073,~~094~~977.4037 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 1216,~~538~~073,~~094~~977.4037 ~~385~~369,~~268~~194,~~203~~225.3194 0.~~81273353~~77882505 1216,~~538~~073,~~094~~977.4037 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 1216,~~538~~073,~~094~~977.4037 ~~412~~396,~~756~~682,~~228~~251.7639 0.~~82587775~~79371557 1216,~~538~~073,~~094~~977.4037

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 ~~839~~812.~~18297551~~73353158 0.00000000 2633.~~44944393~~90848319 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 2633.~~44944393~~90848319 ~~812~~778.~~73353158~~82504839 0.~~81273353~~77882505 2633.~~44944393~~90848319 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.~~0000000038~~00000000 38,837,154.75133220 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 2.~~23250~~48063% ~~397~~385,~~806~~268,~~297~~203.7131 ~~789~~822,~~424~~970.5066 0.00 0.00 M-1 10,995,000.00 2.~~50250~~75063% 10,995,000.00 2426,~~457~~042.7774 0.00 0.00 M-2 8,746,000.00 3.~~18250~~43063% 8,746,000.00 2425,~~741~~837.4603 0.00 0.00 B 5,997,700.00 34.~~88250~~13063% 5,997,700.00 2021,~~698~~333.7341 0.00 0.00 XP 100.00 0.00000% 100.00 0.00 0.00 0.00 B-IO 0.00 0.00000% ~~425~~412,~~294~~756,~~223~~128.1676 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 ~~859~~896,~~322~~183.4684 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)~~04 0.00 ~~789~~822,~~424~~970.5262 0.00 ~~385~~369,~~268~~194,~~203~~225.3194 M-1 0.00 0.00 2426,~~457~~042.7773 0.00 10,995,000.00 M-2 0.00 0.00 2425,~~741~~837.4603 0.00 8,746,000.00 B 0.00 0.00 2021,~~698~~333.7341 0.00 5,997,700.00 XP 0.00 0.00 020,157.0030 0.00 100.00 B-IO 0.00 0.00 1943,~~039,065~~020.5885 0.00 ~~412~~396,~~756~~682,~~128~~151.7639 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)~~04 0.00 1,~~898~~859,~~388~~361.0694 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 2.~~23250~~48063% ~~839~~812.~~18297551~~73353158 1.~~66531200~~73607852 0.00000000 0.00000000 M-1 10,995,000.00 2.~~50250~~75063% 1000.00000000 2.~~22444475~~36859845 0.00000000 0.00000000 M-2 8,746,000.00 3.~~18250~~43063% 1000.00000000 2.~~82888863~~95415390 0.00000000 0.00000000 B 5,997,700.00 34.~~88250~~13063% 1000.00000000 3.~~45111126~~55693182 0.00000000 0.00000000 XP 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 B-IO 0.00 0.00000% ~~850~~825.~~96500678~~87771660 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)~~00000008 0.00000000 1.~~66531204~~73607843 0.00000000 ~~812~~778.~~73353158~~82504839 M-1 0.00000000 0.00000000 2.~~22444475~~36859754 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.~~82888863~~95415390 0.00000000 1000.00000000 B 0.00000000 0.00000000 3.~~45111126~~55693182 0.00000000 1000.00000000 XP 0.00000000 0.00000000 0201573.00000000 0.00000000 1000.00000000 B-IO 0.00000000 0.00000000 21.~~07905116~~88687666 0.00000000 ~~825~~793.~~87771660~~71552978 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 1418,~~560~~042,~~281~~121.6742 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 6877,~~552~~897.3171 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 1418,~~628~~120,~~833~~019.9813 Withdrawals Reimbursement for Servicer Advances 7068,~~836~~552.5531 Payment of Service Fee ~~121~~118,~~514~~127.9751 Payment of Interest and Principal 1417,~~436~~933,~~482~~339.4631 Total Withdrawals (Pool Distribution Amount) 1418,~~628~~120,~~833~~019.9813 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~116~~113,~~507~~275.8595 Additional Servicing fee 582.9339 Additional Servicing fee 4,~~424~~269.1917 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~121~~118,~~514~~127.9751

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 4440 0 0 0 4440 79,~~877~~493,~~438~~994.8926 0.00 0.00 0.00 79,~~877~~493,~~438~~994.8926 60 Days 98 0 0 0 98 1,~~427~~251,~~458~~412.8259 0.00 0.00 0.00 1,~~427~~251,~~458~~412.8259 90 Days 4 0 0 0 4 ~~732~~612,~~349~~280.1555 0.00 0.00 0.00 ~~732~~612,~~349~~280.1555 120 Days 01 0 2 0 23 0156,000.00 0.00 ~~263~~322,~~950~~589.9644 0.00 ~~263~~478,~~950~~589.9644 150 Days 0 0 2 0 2 0.00 0.00 ~~784~~263,~~808~~950.4396 0.00 ~~784~~263,~~808~~950.4396 180+ Days 0 0 24 0 24 0.00 0.00 ~~840~~1,~~871~~625,680.9942 0.00 ~~840~~1,~~871~~625,680.9942 Totals 5753 0 68 0 6361 1011,~~037~~513,~~246~~687.8640 0.00 12,~~889~~212,~~631~~220.3882 0.00 1113,~~926~~725,~~878~~908.2422 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 2.~~247191~~111932% 0.000000% 0.000000% 0.000000% 2.~~247191~~111932% 12.~~907291~~391791% 0.000000% 0.000000% 0.000000% 12.~~907291~~391791% 60 Days 0.~~459653~~422386% 0.000000% 0.000000% 0.000000% 0.~~459653~~422386% 0.~~345617~~315264% 0.000000% 0.000000% 0.000000% 0.~~345617~~315264% 90 Days 0.~~204290~~211193% 0.000000% 0.000000% 0.000000% 0.~~204290~~211193% 0.~~177317~~154250% 0.000000% 0.000000% 0.000000% 0.~~177317~~154250% 120 Days 0.~~000000~~052798% 0.000000% 0.~~102145~~105597% 0.000000% 0.~~102145~~158395% 0.~~000000~~039301% 0.000000% 0.~~063908~~081269% 0.000000% 0.~~063908~~120569% 150 Days 0.000000% 0.000000% 0.~~102145~~105597% 0.000000% 0.~~102145~~105597% 0.000000% 0.000000% 0.~~190018~~066496% 0.000000% 0.~~190018~~066496% 180+ Days 0.000000% 0.000000% 0.~~102145~~211193% 0.000000% 0.~~102145~~211193% 0.000000% 0.000000% 0.~~203593~~409552% 0.000000% 0.~~203593~~409552% Totals 2.~~911134~~798310% 0.000000% 0.~~306435~~422386% 0.000000% 3.~~217569~~220697% 2.~~430225~~900605% 0.000000% 0.~~457519~~557317% 0.000000% 23.~~887744~~457923%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 6877,~~552~~897.3171

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~701865~~807730% Weighted Average Net Coupon 5.~~373129~~478404% Weighted Average Pass-Through Rate 5.~~359001~~464299% Weighted Average Maturity(Stepdown Calculation ) ~~351~~350 Beginning Scheduled Collateral Loan Count 21,~~008~~958 Number Of Loans Paid In Full 5064 Ending Scheduled Collateral Loan Count 1,~~958~~894 Beginning Scheduled Collateral Balance ~~425~~412,~~294~~756,~~223~~128.1676 Ending Scheduled Collateral Balance ~~412~~396,~~756~~682,~~128~~151.7639 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2004 ~~413~~396,~~017~~940,~~120~~857.4455 Monthly P &I Constant 2,~~340~~268,~~688~~364.2129 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 ~~412~~396,~~756~~682,~~128~~151.7639 Scheduled Principal ~~319~~311,~~879~~032.6115 Unscheduled Principal 1215,~~218~~762,~~214~~945.7922 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 1943,~~039,065~~020.6081

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