8-K 1 mlm04a04_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 MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2004-A04 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-112231-28 54-2162608 Pooling and Servicing Agreement) (Commission IRS EIN (State or other File Number) jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, Maryland 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 MERRILL LYNCH MORTGAGE INVESTORS, INC., Mortgage Pass-Through Certificates, Series 2004-A04 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-A04 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. MERRILL LYNCH MORTGAGE INVESTORS, INC. Mortgage Pass-Through Certificates, Series 2004-A04 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: 12/29/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-A04 Trust, relating to the December 27, 2004 distribution. EX-99.1

Merrill Lynch Mortgage Loans, Inc. Mortgage Pass-Through Certificates Record Date: 1011/3130/042004 Distribution Date: 1112/2627/042004 ~~MLM~~Merrill Lynch Mortgage Loans, Inc. Mortgage Pass-Through Certificates Series: 2004-A04 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 ~~R 59020ULZ6 SEQ 0.00000% 0.00 433.54 0.00~~ A-1 59020ULQ6 SEN 4.~~30163~~29843% ~~274~~270,~~148~~057,~~000~~407.0019 ~~982~~967,~~736~~353.1440 47,~~090~~395,~~592~~306.8151 A-2 59020ULR4 SEN 4.~~30163~~29843% ~~204~~200,~~000~~956,~~000~~093.0030 ~~731~~719,~~277~~830.1750 35,~~043~~503,~~906~~022.7019 A-3 59020ULS2 SEN 4.~~30163~~29843% 6,~~635~~535,~~000~~998.0043 23,~~784~~412.4313 99178,~~001~~983.5710 M-1 59020ULT0 SUB 4.~~30163~~29843% 8,~~760~~758,~~000~~820.0036 31,~~401~~374.9035 1,~~179~~201.6498 M-2 59020ULU7 SUB 4.~~30163~~29843% 2,~~753~~752,~~000~~629.0028 9,~~868~~860.6600 ~~370~~377.7275 M-3 59020ULV5 SUB 4.~~30163~~29843% 1,~~502~~501,~~000~~797.0074 5,~~384~~379.2148 ~~202~~206.2609 B-1 59020ULW3 SUB 4.~~30163~~29843% 1,~~251~~250,~~000~~831.0054 4,~~484~~480.4551 ~~168~~171.4665 B-2 59020ULX1 SUB 4.~~30163~~29843% 1,~~001,~~000,865.0020 3,~~588~~585.2813 ~~134~~137.8035 B-3 59020ULY9 SUB 4.~~30163~~29843% 500,~~730~~663.5916 1,~~794~~793.9639 6768.4371 R 59020ULZ6 SEQ 0.00000% 0.00 0.39 0.00 R-1 MLM04A4RI SEQ 0.00000% 0.00 0.00 0.00 Totals ~~500~~493,~~550~~315,~~730~~106.5920 1,~~794~~767,~~753~~069.7428 713,~~235~~079,~~624~~475.3933

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses ~~R 0.00 0.00 433.54 0.00~~ A-1 0.00 ~~270~~262,~~057~~662,~~407~~100.1969 58,~~073~~362,~~328~~659.9591 0.00 A-2 0.00 ~~200~~195,~~956~~453,~~093~~071.3011 36,~~775~~222,~~183~~852.8769 0.00 A-3 0.00 6,~~535~~357,~~998~~015.4333 ~~122~~202,~~786~~395.0023 0.00 M-1 0.00 8,~~758~~757,~~820~~618.3638 32,~~581~~576.5433 0.00 M-2 0.00 2,752,~~629~~251.2853 10,~~239~~237.3875 0.00 M-3 0.00 1,501,~~797~~591.7465 5,~~586~~585.4757 0.00 B-1 0.00 1,250,~~831~~659.5489 4,652.9116 0.00 B-2 0.00 1,000,~~865~~727.2085 3,~~723~~722.0848 0.00 B-3 0.00 500,~~663~~594.1645 1,862.10 0.00 R 0.00 0.00 0.39 0.00 R-1 0.00 0.00 0.00 0.00 Totals 0.00 ~~493~~480,~~315~~235,~~106~~630.2088 914,~~030~~846,~~378~~544.1361 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) ~~R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00~~ A-1 274,148,000.00 ~~274~~270,~~148~~057,~~000~~407.0019 3637,~~917~~060.2720 47,~~053~~358,~~675~~246.5431 0.00 0.00 A-2 204,000,000.00 ~~204~~200,~~000~~956,~~000~~093.0030 27,~~471~~577.0137 35,~~016~~475,~~435~~444.6982 0.00 0.00 A-3 6,635,000.00 6,~~635~~535,~~000~~998.0043 ~~893~~896.4894 98178,~~108~~086.0916 0.00 0.00 M-1 8,760,000.00 8,~~760~~758,~~000~~820.0036 1,~~179~~201.6498 0.00 0.00 0.00 M-2 2,753,000.00 2,~~753~~752,~~000~~629.0028 ~~370~~377.7275 0.00 0.00 0.00 M-3 1,502,000.00 1,~~502~~501,~~000~~797.0074 ~~202~~206.2609 0.00 0.00 0.00 B-1 1,251,000.00 1,~~251~~250,~~000~~831.0054 ~~168~~171.4665 0.00 0.00 0.00 B-2 1,001,000.00 1,~~001,~~000,865.0020 ~~134~~137.8035 0.00 0.00 0.00 B-3 500,730.59 500,~~730~~663.5916 6768.4371 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Totals 500,550,730.59 ~~500~~493,~~550~~315,~~730~~106.5920 67,~~405~~698.0704 713,~~168~~011,~~219~~777.3229 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 ~~R 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00~~ A-1 47,~~090~~395,~~592~~306.8151 ~~270~~262,~~057~~662,~~407~~100.1969 0.~~98507889~~95810329 47,~~090~~395,~~592~~306.8151 A-2 35,~~043~~503,~~906~~022.7019 ~~200~~195,~~956~~453,~~093~~071.3011 0.~~98507889~~95810329 35,~~043~~503,~~906~~022.7019 A-3 99178,~~001~~983.5710 6,~~535~~357,~~998~~015.4333 0.~~98507889~~95810329 99178,~~001~~983.5710 M-1 1,~~179~~201.6498 8,~~758~~757,~~820~~618.3638 0.~~99986534~~99972813 1,~~179~~201.6498 M-2 ~~370~~377.7275 2,752,~~629~~251.2853 0.~~99986534~~99972813 ~~370~~377.7275 M-3 ~~202~~206.2609 1,501,~~797~~591.7465 0.~~99986534~~99972813 ~~202~~206.2609 B-1 ~~168~~171.4665 1,250,~~831~~659.5489 0.~~99986534~~99972813 ~~168~~171.4665 B-2 ~~134~~137.8035 1,000,~~865~~727.2085 0.~~99986533~~99972812 ~~134~~137.8035 B-3 6768.4371 500,~~663~~594.1645 0.~~99986534~~99972812 6768.4371 R 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 R-1 0.00 0.00 0.00000000 0.00 Totals 713,~~235~~079,~~624~~475.3933 ~~493~~480,~~315~~235,~~106~~630.2088 0.~~98554467~~95941450 713,~~235~~079,~~624~~475.3933

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion ~~R 0.00 0.00000000 0.00000000 0.00000000 0.00000000~~ A-1 274,148,000.00 ~~1000~~985.~~00000000~~07888874 0.~~13466182~~13518319 1426.~~78644944~~84041580 0.00000000 A-2 204,000,000.00 ~~1000~~985.~~00000000~~07888873 0.~~13466181~~13518319 1426.~~78644946~~84041578 0.00000000 A-3 6,635,000.00 ~~1000~~985.~~00000000~~07888922 0.~~13466164~~13518312 1426.~~78644913~~84041598 0.00000000 M-1 8,760,000.00 ~~1000~~999.~~00000000~~86533790 0.~~13466210~~13721233 0.00000000 0.00000000 M-2 2,753,000.00 ~~1000~~999.~~00000000~~86533963 0.~~13466037~~13721395 0.00000000 0.00000000 M-3 1,502,000.00 ~~1000~~999.~~00000000~~86533955 0.~~13466045~~13721039 0.00000000 0.00000000 B-1 1,251,000.00 ~~1000~~999.~~00000000~~86533973 0.~~13466027~~13721023 0.00000000 0.00000000 B-2 1,001,000.00 ~~1000~~999.~~00000000~~86533467 0.~~13466533~~13721279 0.00000000 0.00000000 B-3 500,730.59 ~~1000~~999.86533677 0.13721950 0.00000000 0.~~13466323~~00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are per $1000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution ~~R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000~~ A-1 0.00000000 1426.~~92111126~~97559898 ~~985~~958.~~07888874~~10328979 0.~~98507889~~95810329 1426.~~92111126~~97559898 A-2 0.00000000 1426.~~92111127~~97559897 ~~985~~958.~~07888873~~10328975 0.~~98507889~~95810329 1426.~~92111127~~97559897 A-3 0.00000000 1426.~~92111078~~97559910 ~~985~~958.~~07888922~~10329013 0.~~98507889~~95810329 1426.~~92111078~~97559910 M-1 0.00000000 0.~~13466210~~13721233 999.~~86533790~~72812557 0.~~99986534~~99972813 0.~~13466210~~13721233 M-2 0.00000000 0.~~13466037~~13721395 999.~~86533963~~72812568 0.~~99986534~~99972813 0.~~13466037~~13721395 M-3 0.00000000 0.~~13466045~~13721039 999.~~86533955~~72812916 0.~~99986534~~99972813 0.~~13466045~~13721039 B-1 0.00000000 0.~~13466027~~13721023 999.~~86533973~~72812950 0.~~99986534~~99972813 0.~~13466027~~13721023 B-2 0.00000000 0.~~13466533~~13721279 999.~~86533467~~72812188 0.~~99986533~~99972812 0.~~13466533~~13721279 B-3 0.00000000 0.~~13466323~~13721950 999.~~86533677~~72811727 0.~~99986534~~99972812 0.~~13466323~~13721950 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R-1 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 ~~R 0.00 0.00000% 0.00 0.00 0.00 0.00~~ A-1 274,148,000.00 4.~~30163~~29843% ~~274~~270,~~148~~057,~~000~~407.0019 ~~982~~967,~~736~~353.1440 0.00 0.00 A-2 204,000,000.00 4.~~30163~~29843% ~~204~~200,~~000~~956,~~000~~093.0030 ~~731~~719,~~277~~830.1750 0.00 0.00 A-3 6,635,000.00 4.~~30163~~29843% 6,~~635~~535,~~000~~998.0043 23,~~784~~412.4313 0.00 0.00 M-1 8,760,000.00 4.~~30163~~29843% 8,~~760~~758,~~000~~820.0036 31,~~401~~374.9035 0.00 0.00 M-2 2,753,000.00 4.~~30163~~29843% 2,~~753~~752,~~000~~629.0028 9,~~868~~860.6600 0.00 0.00 M-3 1,502,000.00 4.~~30163~~29843% 1,~~502~~501,~~000~~797.0074 5,~~384~~379.2148 0.00 0.00 B-1 1,251,000.00 4.~~30163~~29843% 1,~~251~~250,~~000~~831.0054 4,~~484~~480.4551 0.00 0.00 B-2 1,001,000.00 4.~~30163~~29843% 1,~~001,~~000,865.0020 3,~~588~~585.2813 0.00 0.00 B-3 500,730.59 4.~~30163~~29843% 500,~~730~~663.5916 1,~~794~~793.9639 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 R-1 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 500,550,730.59 1,~~794~~767,~~320~~068.2089 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 ~~R 0.00 0.00 433.54 0.00 0.00~~ A-1 0.00 0.00 ~~982~~967,~~736~~353.1440 0.00 ~~270~~262,~~057~~662,~~407~~100.1969 A-2 0.00 0.00 ~~731~~719,~~277~~830.1750 0.00 ~~200~~195,~~956~~453,~~093~~071.3011 A-3 0.00 0.00 23,~~784~~412.4313 0.00 6,~~535~~357,~~998~~015.4333 M-1 0.00 0.00 31,~~401~~374.9035 0.00 8,~~758~~757,~~820~~618.3638 M-2 0.00 0.00 9,~~868~~860.6600 0.00 2,752,~~629~~251.2853 M-3 0.00 0.00 5,~~384~~379.2148 0.00 1,501,~~797~~591.7465 B-1 0.00 0.00 4,~~484~~480.4551 0.00 1,250,~~831~~659.5489 B-2 0.00 0.00 3,~~588~~585.2813 0.00 1,000,~~865~~727.2085 B-3 0.00 0.00 1,~~794~~793.9639 0.00 500,~~663~~594.1645 R 0.00 0.00 0.39 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 1,~~794~~767,~~753~~069.7428 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 ~~R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000~~ A-1 274,148,000.00 4.~~30163~~29843% ~~1000~~985.~~00000000~~07888874 3.~~58469199~~52858091 0.00000000 0.00000000 A-2 204,000,000.00 4.~~30163~~29843% ~~1000~~985.~~00000000~~07888873 3.~~58469201~~52858088 0.00000000 0.00000000 A-3 6,635,000.00 4.~~30163~~29843% ~~1000~~985.~~00000000~~07888922 3.~~58469179~~52858026 0.00000000 0.00000000 M-1 8,760,000.00 4.~~30163~~29843% ~~1000~~999.~~00000000~~86533790 3.~~58469178~~58154680 0.00000000 0.00000000 M-2 2,753,000.00 4.~~30163~~29843% ~~1000~~999.~~00000000~~86533963 3.~~58469306~~58154740 0.00000000 0.00000000 M-3 1,502,000.00 4.~~30163~~29843% ~~1000~~999.~~00000000~~86533955 3.~~58469374~~58154461 0.00000000 0.00000000 B-1 1,251,000.00 4.~~30163~~29843% ~~1000~~999.~~00000000~~86533973 3.~~58469225~~58154277 0.00000000 0.00000000 B-2 1,001,000.00 4.~~30163~~29843% ~~1000~~999.~~00000000~~86533467 3.~~58469530~~58154845 0.00000000 0.00000000 B-3 500,730.59 4.~~30163~~29843% ~~1000~~999.~~00000000~~86533677 3.~~58468213~~58154672 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000% 0.00000000 0.00000000 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 RA-1 0.00000000 0.00000000 03.~~00000000~~52858091 0.00000000 0958.~~00000000~~10328979 A-12 0.00000000 0.00000000 3.~~58469199~~52858088 0.00000000 ~~985~~958.~~07888874~~10328975 A-23 0.00000000 0.00000000 3.~~58469201~~52858026 0.00000000 ~~985~~958.~~07888873~~10329013 AM-31 0.00000000 0.00000000 3.~~58469179~~58154680 0.00000000 ~~985~~999.~~07888922~~72812557 M-12 0.00000000 0.00000000 3.~~58469178~~58154740 0.00000000 999.~~86533790~~72812568 M-23 0.00000000 0.00000000 3.~~58469306~~58154461 0.00000000 999.~~86533963~~72812916 MB-31 0.00000000 0.00000000 3.~~58469374~~58154277 0.00000000 999.~~86533955~~72812950 B-12 0.00000000 0.00000000 3.~~58469225~~58154845 0.00000000 999.~~86533973~~72812188 B-23 0.00000000 0.00000000 3.~~58469530~~58154672 0.00000000 999.~~86533467~~72811727 ~~B-3~~R 0.00000000 0.00000000 30.~~58468213~~00000000 0.00000000 ~~999~~0.~~86533677~~00000000 R-1 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 915,~~177~~006,~~824~~889.6563 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 82,~~975~~791.5852 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 915,~~186~~009,~~800~~681.2315 Withdrawals Reimbursement for Servicer Advances 08,975.0058 Payment of Service Fee ~~156~~154,~~422~~160.1097 Payment of Interest and Principal 914,~~030~~846,~~378~~544.1360 Total Withdrawals (Pool Distribution Amount) 915,~~186~~009,~~800~~681.2315 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~156~~154,~~422~~160.1097 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~156~~154,~~422~~160.1097

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 42 0 0 0 4 2 824,~~491,428~~922.8213 0.00 0.00 0.00 2824,~~491,428~~922.8213 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 42 0 0 0 4 2 824,~~491,428~~922.8213 0.00 0.00 0.00 2824,~~491,428~~922.8213 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 0.~~511509~~262123% 0.000000% 0.000000% 0.000000% 0.~~511509~~262123% 0.~~504977~~171754% 0.000000% 0.000000% 0.000000% 0.~~504977~~171754% 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 0.~~511509~~262123% 0.000000% 0.000000% 0.000000% 0.~~511509~~262123% 0.~~504977~~171754% 0.000000% 0.000000% 0.000000% 0.~~504977~~171754%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 82,~~975~~791.5852

SUBORDINATION LEVEL/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class A 15,767,730.59 3.15007643% 15,~~765~~763,~~607~~443.2875 3.~~19584928~~28243944% 96.~~804151~~717561% 0.000000% Class R 15,767,730.59 3.15007643% 15,~~765~~763,~~607~~443.2875 3.~~19584928~~28243944% 0.000000% 0.000000% Class M-1 7,007,730.59 1.40000407% 7,~~006~~005,~~786~~825.9237 1.~~42034712~~45883082% 1.~~775502~~823609% 55.556505% Class M-2 4,254,730.59 0.85000987% 4,~~254~~253,~~157~~573.6484 0.~~86236111~~88572642% 0.~~557986~~573104% 17.459710% Class M-3 2,752,730.59 0.54994038% 2,~~752~~751,~~359~~982.9019 0.~~55793140~~57304831% 0.~~304430~~312678% 9.525784% Class B-1 1,501,730.59 0.30001566% 1,501,~~528~~322.3630 0.~~30437510~~31262201% 0.~~253556~~260426% 7.933926% Class B-2 500,730.59 0.10003593% 500,~~663~~594.1645 0.~~10148953~~10423934% 0.~~202886~~208383% 6.348409% Class B-3 0.00 0.00000000% 0.00 0.00000000% 0.~~101490~~104239% 3.175667% Class R-I 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.01997800% 100,000.00 0.~~02027102~~02082311% Fraud 5,005,507.00 0.99999994% 5,005,507.00 1.~~01466729~~04230229%

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 4.~~677669~~673435% Weighted Average Net Coupon 4.~~302669~~298435% Weighted Average Pass-Through Rate 4.~~302669~~298435% Weighted Average Maturity(Stepdown Calculation ) ~~354~~353 Beginning Scheduled Collateral Loan Count ~~793~~782 Number Of Loans Paid In Full 1119 Ending Scheduled Collateral Loan Count ~~782~~763 Beginning Scheduled Collateral Balance ~~500~~493,~~550~~315,~~730~~106.5920 Ending Scheduled Collateral Balance ~~493~~480,~~315~~235,~~106~~630.2088 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2004 ~~493~~480,~~374~~293,~~865~~328.3473 Monthly P &I Constant 21,~~018~~988,~~580~~927.5495 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Optimal Amount 814,~~971~~787,~~298~~907.8382 Scheduled Principal 67,~~405~~698.0703 Unscheduled Principal 713,~~168~~011,~~219~~777.3229

Filing Compare · Merrill Lynch Mort Inv Inc MLMI Series 2004-A4