8-K 1 bay0400a_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 28, 2004 BAYVIEW FINANCIAL SECURITIES COMPANY, LLC. Mortgage Pass-Through Certificates, Series 2004-A Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-104181-04 54-2151919 Pooling and Servicing Agreement) (Commission 54-2151920 (State or other File Number) 54-2151921 jurisdiction 54-2151922 of Incorporation) 54-2151923 IRS EIN 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 28, 2004 a distribution was made to holders of BAYVIEW FINANCIAL SECURITIES COMPANY, LLC., Mortgage Pass-Through Certificates, Series 2004-A 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-A Trust, relating to the December 28, 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. BAYVIEW FINANCIAL SECURITIES COMPANY, LLC. Mortgage Pass-Through Certificates, Series 2004-A 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: 1/5/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-A Trust, relating to the December 28, 2004 distribution. EX-99.1

Bayview Financial Acquisition Trust Mortgage Pass-Through Certificates Record Date: 1011/30/2004 Distribution Date: 1112/2928/2004 ~~BAY~~Bayview Financial Acquisition Trust Mortgage Pass-Through Certificates Series: 2004-A 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 073249CC6 SEN 0.00000% 0.00 0.00 0.00 A-IO 073249BS2 SEN 3.50000% 0.00 ~~522~~496,~~591~~258.6733 0.00 A 073249BT0 SEN 2.~~40875~~63063% ~~306~~295,~~004~~978,~~386~~824.7248 ~~655~~627,~~189~~214.3924 108,~~025~~923,~~562~~744.2408 M1 073249BU7 MEZ 2.~~65875~~88063% 27,000,000.00 6362,~~810~~653.0070 0.00 M2 073249BV5 MEZ 23.~~95875~~18063% 4,500,000.00 11,~~835~~529.0078 0.00 M3 073249BW3 MEZ 3.~~45875~~68063% 10,500,000.00 3231,~~281~~132.6700 0.00 M4 073249BX1 MEZ 3.~~75875~~98063% 4,500,000.00 1514,~~035~~429.0078 0.00 B1 073249BY9 JUN 4.~~70875~~93063% 4,125,000.00 1716,~~265~~384.4207 0.00 B2 073249CD4 JUN 5.~~45875~~68063% 9,000,000.00 4341,~~670~~184.0057 0.00 F 073249CA0 SEN 1.~~29125~~06937% 0.00 ~~268~~197,~~778~~286.5144 0.00 P 073249CB8 SEN 0.00000% 100.00 8041,~~577~~245.8942 0.00 X 073249BZ6 SEN 0.00000% 0.00 ~~171~~236,~~321~~269.6674 0.00 Totals ~~365~~355,~~629~~603,~~486~~924.7248 1,~~882~~775,~~356~~588.2107 108,~~025~~923,~~562~~744.2408

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses R 0.00 0.00 0.00 0.00 A-IO 0.00 0.00 ~~522~~496,~~591~~258.6733 0.00 A 0.00 ~~295~~287,~~978~~055,~~824~~080.4840 109,~~680~~550,~~751~~958.6332 0.00 M1 0.00 27,000,000.00 6362,~~810~~653.0070 0.00 M2 0.00 4,500,000.00 11,~~835~~529.0078 0.00 M3 0.00 10,500,000.00 3231,~~281~~132.6700 0.00 M4 0.00 4,500,000.00 1514,~~035~~429.0078 0.00 B1 0.00 4,125,000.00 1716,~~265~~384.4207 0.00 B2 0.00 9,000,000.00 4341,~~670~~184.0057 0.00 F 0.00 0.00 ~~268~~197,~~778~~286.5144 0.00 P 0.00 100.00 8041,~~577~~245.8942 0.00 X 0.00 0.00 ~~171~~236,~~321~~269.6674 0.00 Totals 0.00 ~~355~~346,~~603~~680,~~924~~180.4840 1110,~~907~~699,~~918~~332.4515 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 A-IO 0.00 0.00 0.00 0.00 0.00 0.00 A 389,250,000.00 ~~306~~295,~~004~~978,~~386~~824.7248 ~~753~~756,~~894~~385.7556 98,~~271~~167,~~667~~358.4952 0.00 0.00 M1 27,000,000.00 27,000,000.00 0.00 0.00 0.00 0.00 M2 4,500,000.00 4,500,000.00 0.00 0.00 0.00 0.00 M3 10,500,000.00 10,500,000.00 0.00 0.00 0.00 0.00 M4 4,500,000.00 4,500,000.00 0.00 0.00 0.00 0.00 B1 4,125,000.00 4,125,000.00 0.00 0.00 0.00 0.00 B2 9,000,000.00 9,000,000.00 0.00 0.00 0.00 0.00 F 0.00 0.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 0.00 Totals 448,875,100.00 ~~365~~355,~~629~~603,~~486~~924.7248 ~~753~~756,~~894~~385.7556 98,~~271~~167,~~667~~358.4952 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 A-IO 0.00 0.00 0.00000000 0.00 A 108,~~025~~923,~~562~~744.2408 ~~295~~287,~~978~~055,~~824~~080.4840 0.~~76038234~~73745685 108,~~025~~923,~~562~~744.2408 M1 0.00 27,000,000.00 1.00000000 0.00 M2 0.00 4,500,000.00 1.00000000 0.00 M3 0.00 10,500,000.00 1.00000000 0.00 M4 0.00 4,500,000.00 1.00000000 0.00 B1 0.00 4,125,000.00 1.00000000 0.00 B2 0.00 9,000,000.00 1.00000000 0.00 F 0.00 0.00 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 X 0.00 0.00 0.00000000 0.00 Totals 108,~~025~~923,~~562~~744.2408 ~~355~~346,~~603~~680,~~924~~180.4840 0.~~79221130~~77233106 108,~~025~~923,~~562~~744.2408

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-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 A 389,250,000.00 ~~786~~760.~~13843730~~38233649 1.~~93678805~~94318705 2320.~~81931276~~98229549 0.00000000 M1 27,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 4,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 10,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 4,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 4,125,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B2 9,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 F 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 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-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A 0.00000000 2522.~~75610081~~92548254 ~~760~~737.~~38233649~~45685395 0.~~76038234~~73745685 2522.~~75610081~~92548254 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 F 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 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-IO 0.00 3.50000% ~~179~~170,~~174~~145,~~286~~714.00 ~~522~~496,~~591~~258.6733 0.00 0.00 A 389,250,000.00 2.~~40875~~63063% ~~306~~295,~~004~~978,~~386~~824.7248 ~~655~~627,~~189~~214.3924 0.00 0.00 M1 27,000,000.00 2.~~65875~~88063% 27,000,000.00 6362,~~810~~653.0070 0.00 0.00 M2 4,500,000.00 23.~~95875~~18063% 4,500,000.00 11,~~835~~529.0078 0.00 0.00 M3 10,500,000.00 3.~~45875~~68063% 10,500,000.00 3231,~~281~~132.6700 0.00 0.00 M4 4,500,000.00 3.~~75875~~98063% 4,500,000.00 1514,~~035~~429.0078 0.00 0.00 B1 4,125,000.00 4.~~70875~~93063% 4,125,000.00 1716,~~265~~384.4207 0.00 0.00 B2 9,000,000.00 5.~~45875~~68063% 9,000,000.00 4341,~~670~~184.0057 0.00 0.00 F 0.00 1.~~29125~~06937% ~~234~~229,~~172~~020,~~955~~172.3821 ~~268~~197,~~778~~286.5144 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 X 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 448,875,100.00 1,~~630~~498,~~456~~072.6691 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 0.00 0.00 0.00 A-IO 0.00 0.00 ~~522~~496,~~591~~258.6733 0.00 ~~170~~161,~~145~~569,714.00 A 0.00 0.00 ~~655~~627,~~189~~214.3924 0.00 ~~295~~287,~~978~~055,~~824~~080.4840 M1 0.00 0.00 6362,~~810~~653.0070 0.00 27,000,000.00 M2 0.00 0.00 11,~~835~~529.0078 0.00 4,500,000.00 M3 0.00 0.00 3231,~~281~~132.6700 0.00 10,500,000.00 M4 0.00 0.00 1514,~~035~~429.0078 0.00 4,500,000.00 B1 0.00 0.00 1716,~~265~~384.4207 0.00 4,125,000.00 B2 0.00 0.00 4341,~~670~~184.0057 0.00 9,000,000.00 F 0.00 0.00 ~~268~~197,~~778~~286.5144 0.00 ~~229~~223,~~020~~630,~~172~~519.2130 P 0.00 0.00 8041,~~577~~245.8942 0.00 100.00 X 0.00 0.00 ~~171~~236,~~321~~269.6674 0.00 0.00 Totals 0.00 0.00 1,~~882~~775,~~356~~588.2107 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-IO 0.00 3.50000% ~~696~~661.~~78889039~~67777703 21.~~03230094~~92989351 0.00000000 0.00000000 A 389,250,000.00 2.~~40875~~63063% ~~786~~760.~~13843730~~38233649 1.~~68320974~~61134037 0.00000000 0.00000000 M1 27,000,000.00 2.~~65875~~88063% 1000.00000000 2.~~36333333~~32050741 0.00000000 0.00000000 M2 4,500,000.00 23.~~95875~~18063% 1000.00000000 2.~~63000000~~56217333 0.00000000 0.00000000 M3 10,500,000.00 3.~~45875~~68063% 1000.00000000 32.~~07444476~~96495238 0.00000000 0.00000000 M4 4,500,000.00 3.~~75875~~98063% 1000.00000000 3.~~34111111~~20661778 0.00000000 0.00000000 B1 4,125,000.00 4.~~70875~~93063% 1000.00000000 43.~~18555636~~97189576 0.00000000 0.00000000 B2 9,000,000.00 5.~~45875~~68063% 1000.00000000 4.~~85222222~~57606333 0.00000000 0.00000000 F 0.00 1.~~29125~~06937% ~~837~~818.~~09699879~~67736823 0.~~96080132~~70523894 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 X 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 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 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-IO 0.00000000 0.00000000 21.~~03230094~~92989351 0.00000000 ~~661~~628.~~67777703~~32666590 A 0.00000000 0.00000000 1.~~68320974~~61134037 0.00000000 ~~760~~737.~~38233649~~45685395 M1 0.00000000 0.00000000 2.~~36333333~~32050741 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.~~63000000~~56217333 0.00000000 1000.00000000 M3 0.00000000 0.00000000 32.~~07444476~~96495238 0.00000000 1000.00000000 M4 0.00000000 0.00000000 3.~~34111111~~20661778 0.00000000 1000.00000000 B1 0.00000000 0.00000000 43.~~18555636~~97189576 0.00000000 1000.00000000 B2 0.00000000 0.00000000 4.~~85222222~~57606333 0.00000000 1000.00000000 F 0.00000000 0.00000000 0.~~96080132~~70523894 0.00000000 ~~818~~799.~~67736823~~41100048 P 0.00000000 0.00000000 ~~805778~~412454.~~90000000~~20000000 0.00000000 1000.00000000 X 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 1210,~~032~~900,~~306~~068.5922 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~344~~323,~~639~~743.4831 Realized Loss (Gains, Subsequent Expenses & Recoveries) (8051,~~891~~212.3954) Prepayment Penalties 8041,~~577~~245.8942 Total Deposits 1211,~~376~~213,~~632~~844.5741 Withdrawals Reimbursement for Servicer Advances ~~294~~344,~~069~~639.5848 Payment of Service Fee ~~174~~169,~~644~~872.5478 Payment of Interest and Principal 1110,~~907~~699,~~918~~332.4515 Total Withdrawals (Pool Distribution Amount) 1211,~~376~~213,~~632~~844.5741 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~164~~160,~~589~~051.1572 Custodian Fee ~~769~~749.3701 Indenture Trustee Fee 1,~~538~~498.8308 Master Servicing Fee 4,~~616~~494.3106 Radian Fees 3,~~130~~079.8891 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~174~~169,~~644~~872.5478

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 2423 0 30 2723 1,~~562~~507,~~919~~668.9111 0.00 0.00 1,~~562~~507,~~919~~668.9111 30 Days ~~281~~224 75 0 0 ~~288~~229 1813,~~188~~772,~~400~~546.8300 ~~729~~505,~~902~~400.7313 0.00 0.00 1814,~~918~~277,~~303~~946.5613 60 Days 9081 67 0 0 9688 56,~~790~~598,~~249~~463.1854 ~~349~~607,~~507~~382.6707 0.00 0.00 67,~~139~~205,~~756~~845.8561 90 Days 30 24 1518 0 4752 2,~~022~~170,~~665~~745.4584 ~~112~~167,~~945~~068.0715 1,~~213~~095,~~325~~818.8889 0.00 3,~~348~~433,~~936~~632.4088 120 Days 1218 30 1315 42 3235 1,~~128~~291,~~580~~680.2800 ~~302,721~~0.0200 1948,~~363,088~~546.8114 ~~217~~98,~~764~~513.4259 32,~~012~~338,~~154~~739.5373 150 Days 85 3 13 46 2827 ~~732~~776,~~609~~749.1907 ~~163~~302,~~800~~721.2402 ~~884~~1,~~242~~120,302.7628 ~~214~~351,~~939~~118.7029 12,~~995~~550,~~591~~890.8966 180+ Days 2325 46 2228 1217 6176 2,~~579~~981,~~295~~597.0767 ~~337~~434,~~211~~584.0836 12,~~953~~290,~~243~~676.7030 ~~713~~1,~~158~~045,704.3815 56,~~582~~752,~~908~~562.2348 Totals ~~444~~383 4948 6374 2325 ~~579~~530 3027,~~441~~591,~~800~~782.0012 3,~~559~~524,~~007~~823.7284 5,~~413~~455,~~901~~343.1561 1,~~145~~495,~~862~~336.5003 4038,~~560~~067,~~571~~285.3760 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.~~569936~~558659% 0.000000% 0.~~071242~~000000% 0.~~641178~~558659% 0.~~433772~~428708% 0.000000% 0.000000% 0.~~433772~~428708% 30 Days 65.~~672999~~440855% 0.~~166231~~121448% 0.000000% 0.000000% 65.~~839231~~562303% 53.~~047998~~916244% 0.~~202577~~143711% 0.000000% 0.000000% 54.~~250574~~059956% 60 Days 21.~~137260~~967452% 0.~~142484~~170027% 0.000000% 0.000000% 2.~~279744~~137479% 1.~~607022~~876283% 0.~~097002~~172710% 0.000000% 0.000000% 12.~~704024~~048993% 90 Days 0.~~712420~~728686% 0.~~047495~~097158% 0.~~356210~~437212% 0.000000% 1.~~116124~~263056% 0.~~561369~~617255% 0.~~031347~~047506% 0.~~336746~~311598% 0.000000% 0.~~929462~~976359% 120 Days 0.~~284968~~437212% 0.~~071242~~000000% 0.~~308715~~364343% 0.~~094989~~048579% 0.~~759915~~850134% 0.~~313225~~367291% 0.~~084017~~000000% 0.~~378311~~269721% 0.~~060438~~028012% 0.~~835992~~665024% 150 Days 0.~~189979~~121448% 0.~~071242~~072869% 0.~~308715~~315764% 0.~~094989~~145737% 0.~~664925~~655817% 0.~~203328~~220870% 0.~~045461~~086079% 0.~~245412~~318560% 0.~~059654~~099841% 0.~~553855~~725350% 180+ Days 0.~~546189~~607238% 0.~~094989~~145737% 0.~~522441~~680107% 0.~~284968~~412922% 1.~~448587~~846004% 0.~~715856~~847822% 0.~~093589~~123575% 0.~~542102~~651357% 0.~~197930~~297348% 1.~~549477~~920101% Totals 109.~~543814~~302890% 1.~~163619~~165897% 1.~~496082~~797425% 0.~~546189~~607238% 1312.~~749703~~873452% 87.~~448798~~845765% 01.~~987765~~002289% 1.~~502571~~551235% 0.~~318022~~425201% 1110.~~257156~~824490%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 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 1817 0 30 2117 1,~~025~~040,~~404~~014.0684 0.00 0.00 1,~~025~~040,~~404~~014.0684 30 Days ~~221~~186 64 0 0 ~~227~~190 1210,~~615~~360,~~339~~221.8162 ~~560~~266,~~571~~906.7874 0.00 0.00 1310,~~175~~627,~~911~~128.5936 60 Days 7053 46 0 0 7459 43,~~474~~948,~~686~~684.10 ~~289~~578,~~421~~417.3627 0.00 0.00 4,~~764~~527,~~107~~101.4637 90 Days 1823 12 1213 0 3138 ~~847~~1,~~162~~721,673.7696 5881,~~758~~792.7860 ~~936~~872,~~320~~356.2096 0.00 12,~~842~~675,~~241~~823.7452 120 Days 910 20 1112 32 2524 ~~328~~529,~~698~~699.5173 ~~78,532~~0.5400 1671,~~246,915~~540.3546 9198,~~557~~513.3459 1,~~745~~299,~~703~~753.7478 150 Days 5 3 2 11 45 2321 ~~433~~118,~~964~~704.2183 ~~163~~78,~~800~~532.2454 ~~748~~1,~~186~~004,128.3882 ~~214~~224,~~939~~911.7021 1,~~560~~426,~~890~~277.5340 180 Days 1112 35 2125 1015 4557 ~~923~~1,~~807~~192,035.2549 ~~142~~239,~~437~~810.2856 12,~~860~~062,~~993~~369.7092 ~~515~~847,~~447~~992.0683 34,~~442~~342,~~685~~208.2980 Totals ~~334~~287 3736 5561 2022 ~~446~~406 1917,~~623~~871,~~658~~019.6473 2,~~318~~285,~~926~~474.0455 4,~~792~~610,~~415~~396.6316 ~~821~~1,~~944~~171,417.1063 2725,~~556~~938,~~944~~308.4107 0-29 Days 0.~~552995~~533584% 0.000000% 0.~~092166~~000000% 0.~~645161~~533584% 0.~~446639~~463898% 0.000000% 0.000000% 0.~~446639~~463898% 30 Days 65.~~789555~~838041% 0.~~184332~~125549% 0.000000% 0.000000% 65.~~973886~~963591% 54.~~494915~~621166% 0.~~244171~~119053% 0.000000% 0.000000% 54.~~739085~~740220% 60 Days 21.~~150538~~663528% 0.~~122888~~188324% 0.000000% 0.000000% 21.~~273425~~851852% 1.~~949057~~761307% 0.~~126064~~258002% 0.000000% 0.000000% 2.~~075122~~019309% 90 Days 0.~~552995~~721908% 0.~~030722~~062775% 0.~~368664~~408035% 0.000000% 01.~~952381~~192718% 0.~~369002~~767951% 0.~~025594~~036484% 0.~~407837~~389114% 0.000000% 01.~~802433~~193548% 120 Days 0.~~276498~~313873% 0.~~061444~~000000% 0.~~337942~~376648% 0.~~092166~~062775% 0.~~768049~~753296% 0.~~143173~~236272% 0.~~034207~~000000% 0.~~543124~~299540% 0.~~039880~~043942% 0.~~760383~~579754% 150 Days 0.~~153610~~094162% 0.~~092166~~062775% 0.~~337942~~345261% 0.~~122888~~156937% 0.~~706605~~659134% 0.~~189024~~052948% 0.~~071347~~035029% 0.~~325891~~447891% 0.~~093622~~100321% 0.~~679883~~636190% 180 Days 0.~~337942~~376648% 0.~~092166~~156937% 0.~~645161~~784683% 0.~~307220~~470810% 1.~~382488~~789077% 0.~~402386~~531706% 0.~~062042~~106967% 0.~~810601~~919918% 0.~~224515~~378246% 1.~~499544~~936838% Totals 109.~~261137~~008161% 1.~~136713~~129944% 1.~~689708~~914626% 0.~~614439~~690521% 1312.~~701997~~743252% 87.~~547557~~971350% 1.~~010064~~019434% 2.~~087452~~056463% 0.~~358018~~522510% 1211.~~003090~~569756% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 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 6 0 0 6 ~~537~~467,~~515~~653.8527 0.00 0.00 ~~537~~467,~~515~~653.8527 30 Days 6038 1 0 0 6139 53,~~573~~412,~~061~~324.0238 ~~169~~238,~~330~~493.9539 0.00 0.00 53,~~742~~650,~~391~~817.9777 60 Days 2028 21 0 0 2229 12,~~315~~649,~~563~~779.0844 6028,~~086~~964.3180 0.00 0.00 12,~~375~~678,~~649~~744.3924 90 Days 127 12 35 0 1614 1449,~~175,502~~071.6988 5485,~~186~~275.2955 ~~277~~223,~~005~~461.6893 0.00 1757,~~506,694~~809.6636 120 Days 38 10 23 10 711 ~~799~~761,~~881~~980.7727 ~~224,188~~0.4800 ~~116~~277,~~173~~005.4668 ~~126,207~~0.0800 1,~~266~~038,~~450~~985.7995 150 Days 32 01 2 01 56 ~~298~~658,~~644~~044.9824 0224,188.0048 ~~136~~116,~~056~~173.3846 0126,207.0008 ~~434~~1,~~701~~124,613.3626 180 Days 1213 1 13 2 1619 1,~~655~~789,~~487~~562.8218 194,773.80 92228,~~250~~306.0038 197,711.32 2,~~140~~410,~~222~~353.9468 Totals ~~110~~96 12 813 3 ~~133~~124 109,~~818~~720,~~141~~762.3639 1,~~240~~239,~~081~~349.6829 ~~621~~844,~~485~~947.5245 323,918.40 1312,~~003~~128,~~626~~977.9653 0-29 Days 0.~~627615~~644468% 0.000000% 0.000000% 0.~~627615~~644468% 0.~~411174~~366825% 0.000000% 0.000000% 0.~~411174~~366825% 30 Days 64.~~276151~~081633% 0.~~104603~~107411% 0.000000% 0.000000% 64.~~380753~~189044% 42.~~263125~~676610% 0.~~129530~~187073% 0.000000% 0.000000% 42.~~392655~~863683% 60 Days 23.~~092050~~007519% 0.~~209205~~107411% 0.000000% 0.000000% 23.~~301255~~114930% 12.~~006343~~078474% 0.~~045963~~022720% 0.000000% 0.000000% 12.~~052306~~101194% 90 Days 10.~~255230~~751880% 0.~~104603~~214823% 0.~~313808~~537057% 0.000000% 1.~~673640~~503759% 0.~~899203~~352250% 0.~~041450~~066890% 0.~~211896~~175282% 0.000000% 10.~~152549~~594422% 120 Days 0.~~313808~~859291% 0.~~104603~~000000% 0.~~209205~~322234% 0.~~104603~~000000% 01.~~732218~~181525% 0.~~611871~~597694% 0.~~171493~~000000% 0.~~088867~~217282% 0.~~096542~~000000% 0.~~968774~~814975% 150 Days 0.~~313808~~214823% 0.~~000000~~107411% 0.~~209205~~214823% 0.~~000000~~107411% 0.~~523013~~644468% 0.~~228449~~516167% 0.~~000000~~175852% 0.~~104077~~091126% 0.~~000000~~098996% 0.~~332526~~882141% 180 Days 1.~~255230~~396348% 0.~~104603~~107411% 0.~~104603~~322234% 0.~~209205~~214823% 12.~~673640~~040816% 1.~~266369~~403724% 0.~~148993~~152780% 0.~~070567~~179082% 0.~~151240~~155084% 1.~~637168~~890670% Totals 1110.~~506276~~311493% 1.~~255230~~288937% 01.~~836820~~396348% 0.~~313808~~322234% 13.~~912134~~319012% 87.~~275360~~624918% 0.~~948603~~972139% 0.~~475407~~662773% 0.~~247782~~254080% 9.~~947151~~513910%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~344~~323,~~639~~743.4831 Class R 59,625,100.00 13.25001575% 59,625,100.00 16.~~58435253~~99253406% 0.000000% 0.000000% Class M-1 32,625,100.00 7.25001868% 32,625,100.00 9.~~07446964~~29781456% 7.~~509883~~694720% 0.000000% Class M-2 28,125,100.00 6.25001917% 28,125,100.00 78.~~82282249~~01536131% 1.~~251647~~282453% 0.000000% Class M-3 17,625,100.00 3.91668698% 17,625,100.00 45.~~90231248~~02297039% 2.~~920510~~992391% 0.000000% Class M-4 13,125,100.00 2.91668747% 13,125,100.00 3.~~65066533~~74051714% 1.~~251647~~282453% 0.000000% Class B-1 9,000,100.00 2.00002125% 9,000,100.00 2.~~50332211~~56493500% 1.~~147343~~175582% 0.000000% Class B-2 100.00 0.00002222% 100.00 0.~~00002781~~00002850% 2.~~503294~~564907% 0.000000% Class F 100.00 0.00002222% 100.00 0.~~00002781~~00002850% 0.000000% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000028% 0.000000% Class X 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

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.~~604795~~605296% Weighted Average Net Coupon 7.~~069979~~071088% Weighted Average Pass-Through Rate 7.~~033324~~038308% Weighted Average Maturity (Stepdown Calculation ) ~~272~~271 Beginning Scheduled Collateral Loan Count 4,~~298~~211 Number Of Loans Paid In Full 8794 Ending Scheduled Collateral Loan Count 4,~~211~~117 Beginning Scheduled Collateral Balance ~~369~~359,~~299~~526,~~594~~245.6950 Ending Scheduled Collateral Balance ~~359~~350,~~526~~889,~~245~~983.5070 Ending Actual Collateral Balance at 30-~~Oct~~Nov-2004 ~~360~~351,~~309~~677,~~223~~401.6841 Monthly P &I Constant 3,~~094~~034,~~267~~971.7394 Special Servicing Fee 0.00 Prepayment Penalties 8041,~~577~~245.8942 Realized Loss Amount 8051,~~891~~212.3954 Cumulative Realized Loss ~~200~~251,~~343~~555.2276 Ending Scheduled Balance for Premium Loans ~~359~~350,~~526~~889,~~245~~983.5070 Scheduled Principal ~~753~~756,~~894~~385.7556 Unscheduled Principal 97,~~019~~879,~~454~~876.4424

Cap 0.00 Swap 0.00 Other Income (2935,~~620~~676.6009)

Miscellaneous Reporting Base Overcollateralization Amount 2,250,001.10 Excess Cash Amount ~~504~~574,~~426~~964.1056 Extra Principal Distribution Amount ~~333~~338,~~104~~694.4482 Overcollateralized Amount 34,~~922~~209,~~321~~803.0230 Overcollaterized Deficiency Amount 8,~~785~~503,~~689~~797.4656 Specified Overcollateralization Amount 12,375,006.04

Group Level Collateral Statement Group Group 1 Group 2 Total Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 8.~~113620~~101177 6.~~723005~~735095 7.~~604795~~605296 Weighted Average Net Rate 7.~~578201~~566980 6.~~189235~~200866 7.~~069979~~071088 Weighted Average Maturity ~~253~~252 ~~304~~303 ~~272~~271 Beginning Loan Count 3,~~317~~255 ~~981~~956 4,~~298~~211 Loans Paid In Full 6269 25 8794 Ending Loan Count 3,~~255~~186 ~~956~~931 4,~~211~~117 Beginning Scheduled Balance ~~234~~229,~~172~~020,~~955~~172.3821 ~~135~~130,~~126~~506,~~639~~073.3129 ~~369~~359,~~299~~526,~~594~~245.6950 Ending scheduled Balance ~~229~~223,~~020~~630,~~172~~519.2130 ~~130~~127,~~506~~259,~~073~~464.2940 ~~359~~350,~~526~~889,~~245~~983.5070 Record Date 1011/30/2004 1011/30/2004 1011/30/2004 Principal And Interest Constant 2,~~134~~101,~~022~~855.5677 ~~960~~933,~~245~~116.17 3,~~094~~034,~~267~~971.7394 Scheduled Principal ~~550~~555,~~697~~745.1605 ~~203~~200,~~197~~640.5951 ~~753~~756,~~894~~385.7556 Unscheduled Principal 4,~~602~~833,~~086~~907.0186 43,~~417~~045,~~368~~968.4338 97,~~019~~879,~~454~~876.4424 Scheduled Interest 1,~~583~~546,~~325~~110.4072 ~~757~~732,~~047~~475.5866 2,~~340~~278,~~372~~586.9838 Servicing Fees ~~104~~101,~~483~~951.7055 6058,~~105~~100.4517 ~~164~~160,~~589~~051.1572 Master Servicing Fees 2,~~927~~862.2170 1,~~689~~631.1036 4,~~616~~494.3106 Trustee Fee ~~975~~954.7525 ~~563~~543.0883 1,~~538~~498.8308 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee ~~487~~477.8613 ~~281~~271.5188 ~~769~~749.3701 Pool Insurance Fee 2,~~604~~554.1664 ~~526~~525.7227 3,~~130~~079.8891 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 1,~~470~~437,~~813~~310.2844 ~~693~~671,~~689~~403.9419 2,~~164~~108,~~503~~713.2263 Realized Loss Amount 8051,~~891~~212.3954 0.00 8051,~~891~~212.3954 Cumulative Realized Loss ~~200~~251,~~343~~555.2276 0.00 ~~200~~251,~~343~~555.2276 Percentage of Cumulative Losses 0.~~0705~~0885 0.0000 0.~~0445~~0559 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 7.~~537060~~531094 6.~~160355~~173536 7.~~033324~~038308

Filing Compare · BAYVIEW FINANCIAL SEC CO LLC MORT PAS THR CERTS SER 2004 A