8-K 1 bst00002_dec.txt DECEMBER 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 ARM TRUST Mortgage Pass-Through Certificates, Series 2000-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-51279-08 Pooling and Servicing Agreement) (Commission 52-2267476 (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 BEAR STEARNS ARM TRUST, Mortgage Pass-Through Certificates, Series 2000-2 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 2000-2 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 ARM TRUST Mortgage Pass-Through Certificates, Series 2000-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 12/30/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2000-2 Trust, relating to the December 27, 2004 distribution. EX-99.1

Bear Stearns ARM Trust Mortgage Pass-Through Certificates Record Date: 1011/3130/2004 Distribution Date: 1112/2627/2004 ~~BST~~Bear Stearns ARM Trust Mortgage Pass-Through Certificates Series: 2000-2 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 A1 07384MAA0 SEN 3.~~83484~~85885% 4746,~~993~~255,~~984~~110.1052 ~~153~~148,~~374~~742.3374 1,~~738~~060,~~873~~911.5797 A2 07384MAB8 SEN 3.~~83484~~85885% 1,~~136~~095,~~665~~483.8623 3,~~632~~522.4475 4125,~~182~~126.6212 XP 07384MAG7 SEN 3.~~83484~~85885% 100.00 0.32 0.00 R 07384MAC6 SEN 7.~~55322~~55331% 0.00 0.00 0.00 B1 07384MAD4 SUB 3.~~83484~~85885% 1971,~~007,723~~212.7482 3,~~220~~123.3813 3622,~~510~~275.9184 B2 07384MAE2 SUB 3.~~83484~~85885% ~~537~~517,~~452~~980.6617 1,~~717~~665.5467 1911,~~472~~880.4945 B3 07384MAF9 SUB 3.~~83484~~85885% ~~537~~517,~~452~~980.6617 1,~~717~~665.5467 1911,~~472~~880.4945 B4 07384MAH5 SUB 3.~~83484~~85885% ~~671~~647,~~815~~475.8222 2,~~146~~082.9209 2414,~~340~~850.6156 B5 07384MAJ1 SUB 3.~~83484~~85885% ~~403~~388,~~089~~485.4913 1,~~288~~249.1525 148,~~604~~910.3733 B6 07384MAK8 SUB 3.~~83484~~85885% ~~537~~518,~~514~~039.1443 1,~~717~~665.7386 1911,~~474~~881.7181 Totals 5250,~~825~~911,~~798~~866.4769 ~~168~~163,~~815~~717.3548 1,~~913~~167,~~931~~717.7753

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A1 0.00 4645,~~255~~194,~~110~~198.5256 1,~~892~~209,~~247~~654.9071 0.00 A2 0.00 1,~~095~~070,~~483~~357.2312 4428,~~815~~648.0687 0.00 XP 0.00 100.00 0.32 0.00 R 0.00 0.00 0.00 0.00 B1 0.00 ~~971~~948,~~212~~936.8299 3925,~~731~~398.2997 0.00 B2 0.00 ~~517~~506,~~980~~099.1773 2113,~~190~~546.0312 0.00 B3 0.00 ~~517~~506,~~980~~099.1773 2113,~~190~~546.0312 0.00 B4 0.00 ~~647~~632,~~475~~624.2266 2616,~~487~~932.5365 0.00 B5 0.00 ~~388~~379,~~485~~574.1379 1510,~~892~~159.5258 0.00 B6 0.00 ~~518~~506,~~039~~157.4362 2113,~~192~~547.4467 0.00 Totals 0.00 5049,~~911~~744,~~866~~149.6920 21,~~082~~331,~~747~~435.1201 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) A1 226,292,500.00 4746,~~993~~255,~~984~~110.1052 4240,~~225~~911.6931 1,~~696~~020,~~647~~000.8865 0.00 0.00 A2 5,359,400.00 1,~~136~~095,~~665~~483.8623 ~~1,000~~968.0592 4024,~~182~~157.5719 0.00 0.00 XP 100.00 100.00 0.00 0.00 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 B1 1,786,500.00 1971,~~007,723~~212.7482 ~~886~~859.6101 3521,~~624~~416.3183 0.00 0.00 B2 952,800.00 ~~537~~517,~~452~~980.6617 ~~472~~458.8614 1811,~~999~~422.6331 0.00 0.00 B3 952,800.00 ~~537~~517,~~452~~980.6617 ~~472~~458.8614 1811,~~999~~422.6331 0.00 0.00 B4 1,191,000.00 ~~671~~647,~~815~~475.8222 ~~591~~572.0767 2314,~~749~~277.5488 0.00 0.00 B5 714,600.00 ~~403~~388,~~089~~485.4913 ~~354~~343.6460 148,~~249~~566.7273 0.00 0.00 B6 952,909.00 ~~537~~518,~~514~~039.1443 ~~472~~458.91 19 11,~~001~~423.8061 0.00 0.00 Totals 238,202,709.00 5250,~~825~~911,~~798~~866.4769 4645,~~476~~029.6998 1,~~867~~122,~~455~~687.0851 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 A1 1,~~738~~060,~~873~~911.5797 4645,~~255~~194,~~110~~198.5256 0.~~20440408~~19971585 1,~~738~~060,~~873~~911.5797 A2 4125,~~182~~126.6212 1,~~095~~070,~~483~~357.2312 0.~~20440408~~19971585 4125,~~182~~126.6212 XP 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 B1 3622,~~510~~275.9184 ~~971~~948,~~212~~936.8299 0.~~54363998~~53117100 3622,~~510~~275.9184 B2 1911,~~472~~880.4945 ~~517~~506,~~980~~099.1773 0.~~54363998~~53117100 1911,~~472~~880.4945 B3 1911,~~472~~880.4945 ~~517~~506,~~980~~099.1773 0.~~54363998~~53117100 1911,~~472~~880.4945 B4 2414,~~340~~850.6156 ~~647~~632,~~475~~624.2266 0.~~54363998~~53117100 2414,~~340~~850.6156 B5 148,~~604~~910.3733 ~~388~~379,~~485~~574.1379 0.~~54363998~~53117099 148,~~604~~910.3733 B6 1911,~~474~~881.7181 ~~518~~506,~~039~~157.4362 0.~~54363998~~53117099 1911,~~474~~881.7181 Totals 1,~~913~~167,~~931~~717.7753 5049,~~911~~744,~~866~~149.6920 0.~~21373337~~20883116 1,~~913~~167,~~931~~717.7753

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 226,292,500.00 ~~212~~204.~~08826673~~40408109 0.~~18659783~~18078951 74.~~49758777~~50744346 0.00000000 A2 5,359,400.00 ~~212~~204.~~08826734~~40408068 0.~~18659738~~18078889 74.~~49758742~~50744300 0.00000000 XP 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 B1 1,786,500.00 ~~564~~543.~~07710048~~63997761 0.~~49628324~~48083403 1911.~~94083963~~98815001 0.00000000 B2 952,800.00 ~~564~~543.~~07709908~~63997691 0.~~49628463~~48083543 1911.~~94083753~~98815071 0.00000000 B3 952,800.00 ~~564~~543.~~07709908~~63997691 0.~~49628463~~48083543 1911.~~94083753~~98815071 0.00000000 B4 1,191,000.00 ~~564~~543.~~07709488~~63998321 0.~~49628044~~48083123 1911.~~94083963~~98814442 0.00000000 B5 714,600.00 ~~564~~543.~~07709208~~63998041 0.~~49627764~~48082844 1911.~~94083403~~98814722 0.00000000 B6 952,909.00 ~~564~~543.~~07709445~~63998031 0.~~49628034~~48083290 1911.~~94083380~~98814367 0.00000000 All denominations are Per $1000.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A1 0.00000000 74.~~68418560~~68823302 ~~204~~199.~~40408109~~71584812 0.~~20440408~~19971585 74.~~68418560~~68823302 A2 0.00000000 74.~~68418480~~68823376 ~~204~~199.~~40408068~~71584879 0.~~20440408~~19971585 74.~~68418480~~68823376 XP 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1 0.00000000 2012.~~43711727~~46898405 ~~543~~531.~~63997761~~17099916 0.~~54363998~~53117100 2012.~~43711727~~46898405 B2 0.00000000 2012.~~43712217~~46898615 ~~543~~531.~~63997691~~17100126 0.~~54363998~~53117100 2012.~~43712217~~46898615 B3 0.00000000 2012.~~43712217~~46898615 ~~543~~531.~~63997691~~17100126 0.~~54363998~~53117100 2012.~~43712217~~46898615 B4 0.00000000 2012.~~43712007~~46898405 ~~543~~531.~~63998321~~17099916 0.~~54363998~~53117100 2012.~~43712007~~46898405 B5 0.00000000 2012.~~43712566~~46897565 ~~543~~531.~~63998041~~17099076 0.~~54363998~~53117099 2012.~~43712566~~46897565 B6 0.00000000 2012.~~43711414~~46898707 ~~543~~531.~~63998031~~17099324 0.~~54363998~~53117099 2012.~~43711414~~46898707 (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 A1 226,292,500.00 3.~~83484~~85885% 4746,~~993~~255,~~984~~110.1052 ~~153~~148,~~374~~742.3373 0.00 0.00 A2 5,359,400.00 3.~~83484~~85885% 1,~~136~~095,~~665~~483.8623 3,~~632~~522.4475 0.00 0.00 XP 100.00 3.~~83484~~85885% 100.00 0.32 0.00 0.00 R 100.00 7.~~55322~~55331% 0.00 0.00 0.00 0.00 B1 1,786,500.00 3.~~83484~~85885% 1971,~~007,723~~212.7482 3,~~220~~123.3813 0.00 0.00 B2 952,800.00 3.~~83484~~85885% ~~537~~517,~~452~~980.6617 1,~~717~~665.5467 0.00 0.00 B3 952,800.00 3.~~83484~~85885% ~~537~~517,~~452~~980.6617 1,~~717~~665.5467 0.00 0.00 B4 1,191,000.00 3.~~83484~~85885% ~~671~~647,~~815~~475.8222 2,~~146~~082.9209 0.00 0.00 B5 714,600.00 3.~~83484~~85885% ~~403~~388,~~089~~485.4913 1,~~288~~249.1525 0.00 0.00 B6 952,909.00 3.~~83484~~85885% ~~537~~518,~~514~~039.1443 1,~~717~~665.7386 0.00 0.00 Totals 238,202,709.00 ~~168~~163,~~815~~717.3547 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 A1 0.00 0.00 ~~153~~148,~~374~~742.3374 0.00 4645,~~255~~194,~~110~~198.5256 A2 0.00 0.00 3,~~632~~522.4475 0.00 1,~~095~~070,~~483~~357.2312 XP 0.00 0.00 0.32 0.18 100.00 R 0.00 0.00 0.00 0.00 0.00 B1 0.00 0.00 3,~~220~~123.3813 0.00 ~~971~~948,~~212~~936.8299 B2 0.00 0.00 1,~~717~~665.5467 0.00 ~~517~~506,~~980~~099.1773 B3 0.00 0.00 1,~~717~~665.5467 0.00 ~~517~~506,~~980~~099.1773 B4 0.00 0.00 2,~~146~~082.9209 0.00 ~~647~~632,~~475~~624.2266 B5 0.00 0.00 1,~~288~~249.1525 0.00 ~~388~~379,~~485~~574.1379 B6 0.00 0.00 1,~~717~~665.7386 0.00 ~~518~~506,~~039~~157.4362 Totals 0.00 0.00 ~~168~~163,~~815~~717.3548 0.18 (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 A1 226,292,500.00 3.~~83484~~85885% ~~212~~204.~~08826673~~40408109 0.~~67777028~~65730296 0.00000000 0.00000000 A2 5,359,400.00 3.~~83484~~85885% ~~212~~204.~~08826734~~40408068 0.~~67776990~~65730306 0.00000000 0.00000000 XP 100.00 3.~~83484~~85885% 1000.00000000 3.20000000 0.00000000 0.00000000 R 100.00 7.~~55322~~55331% 0.00000000 0.00000000 0.00000000 0.00000000 B1 1,786,500.00 3.~~83484~~85885% ~~564~~543.~~07710048~~63997761 1.~~80261965~~74818360 0.00000000 0.00000000 B2 952,800.00 3.~~83484~~85885% ~~564~~543.~~07709908~~63997691 1.~~80262385~~74818430 0.00000000 0.00000000 B3 952,800.00 3.~~83484~~85885% ~~564~~543.~~07709908~~63997691 1.~~80262385~~74818430 0.00000000 0.00000000 B4 1,191,000.00 3.~~83484~~85885% ~~564~~543.~~07709488~~63998321 1.~~80261965~~74818640 0.00000000 0.00000000 B5 714,600.00 3.~~83484~~85885% ~~564~~543.~~07709208~~63998041 1.~~80261685~~74818080 0.00000000 0.00000000 B6 952,909.00 3.~~83484~~85885% ~~564~~543.~~07709445~~63998031 1.~~80261704~~74818372 0.00000000 0.00000000 All denominations are Per $1000.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A1 0.00000000 0.00000000 0.~~67777028~~65730300 0.00000000 ~~204~~199.~~40408109~~71584812 A2 0.00000000 0.00000000 0.~~67776990~~65730306 0.00000000 ~~204~~199.~~40408068~~71584879 XP 0.00000000 0.00000000 3.20000000 1.80000000 1000.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1 0.00000000 0.00000000 1.~~80261965~~74818360 0.00000000 ~~543~~531.~~63997761~~17099916 B2 0.00000000 0.00000000 1.~~80262385~~74818430 0.00000000 ~~543~~531.~~63997691~~17100126 B3 0.00000000 0.00000000 1.~~80262385~~74818430 0.00000000 ~~543~~531.~~63997691~~17100126 B4 0.00000000 0.00000000 1.~~80261965~~74818640 0.00000000 ~~543~~531.~~63998321~~17099916 B5 0.00000000 0.00000000 1.~~80261685~~74818080 0.00000000 ~~543~~531.~~63998041~~17099076 B6 0.00000000 0.00000000 1.~~80261704~~74818372 0.00000000 ~~543~~531.~~63998031~~17099324 (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 21,~~099~~344,~~475~~890.3039 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 02,666.0067 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 21,~~099~~347,~~475~~557.3006 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 16,~~728~~122.1807 Payment of Interest and Principal 21,~~082~~331,~~747~~434.1299 Total Withdrawals (Pool Distribution Amount) 21,~~099~~347,~~475~~557.3006 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 1615,~~508~~909.0794 Trustee Fee ~~220~~212.1113 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 16,~~728~~122.1807

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 01 0 0 0 01 0800,000.00 0.00 0.00 0.00 0800,000.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 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 01 0 0 0 01 0800,000.00 0.00 0.00 0.00 0800,000.00 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 01.~~000000~~449275% 0.000000% 0.000000% 0.000000% 01.~~000000~~449275% 01.~~000000~~608229% 0.000000% 0.000000% 0.000000% 01.~~000000~~608229% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 01.~~000000~~449275% 0.000000% 0.000000% 0.000000% 01.~~000000~~449275% 01.~~000000~~608229% 0.000000% 0.000000% 0.000000% 01.~~000000~~608229% ~~Delinquencies are stratified according to the information the Servicer has provided. All 90 day delinquencies reported are 90+ day delinquencies.~~

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 02,666.0067

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 6,550,809.00 2.75009960% 3,~~561~~479,~~272~~593.9452 6.~~99497633~~99498064% 93.~~005222~~005223% 93.005207% Class R 6,550,709.00 2.75005762% 3,~~561~~479,~~272~~593.9452 6.~~99497633~~99498064% 0.000000% 0.000000% Class B-1 4,764,109.00 2.00002385% 2,~~589~~530,~~960~~556.1253 5.~~08714441~~08714418% 1.~~907636~~907635% 1.907639% Class B-2 3,811,309.00 1.60002823% 2,~~071~~024,~~979~~456.9580 4.~~06973881~~06973862% 1.017406% 1.017408% Class B-3 2,858,509.00 1.20003262% 1,~~553~~518,~~999~~357.7807 3.~~05233321~~05233305% 1.017406% 1.017408% Class B-4 1,667,509.00 0.70003809% ~~906~~885,~~524~~732.5641 1.~~78057620~~78057610% 1.271757% 1.271759% Class B-5 952,909.00 0.40004138% ~~518~~506,~~039~~157.4362 1.~~01752200~~01752194% 0.763054% 0.763056% Class B-6 0.00 0.00000000% 0.00 0.00000000% 1.017522% 1.017524% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.~~214839~~238845% Weighted Average Net Coupon 3.~~839839~~863845% Weighted Average Pass-Through Rate 3.~~834839~~858845% Weighted Average Maturity (Stepdown Calculation ) ~~286~~285 Beginning Scheduled Collateral Loan Count 7472 Number Of Loans Paid In Full 23 Ending Scheduled Collateral Loan Count 7269 Beginning Scheduled Collateral Balance 5250,~~825~~911,~~797~~865.2750 Ending Scheduled Collateral Balance 5049,~~911~~744,~~865~~147.5099 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2004 5049,~~911~~744,~~865~~147.5099 Monthly P &I Constant ~~232~~224,~~020~~869.2156 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 1,~~937~~238,~~062~~303.9756 Ending Scheduled Balance for Premium Loans 5049,~~911~~744,~~865~~147.5099 Scheduled Principal 4645,~~476~~029.6999 Unscheduled Principal 1,~~867~~122,~~455~~687.0852

Filing Compare · BEAR STEARNS ARM TRUST MORTGAGE PASS THROUGH CERT SER 2000 2