8-K 1 aeg04005_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 AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-110187-05 Pooling and Servicing Agreement) (Commission 54-2162536 (State or other File Number) 54-2162537 jurisdiction 54-2162538 of Incorporation) 54-2162539 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 27, 2004 a distribution was made to holders of AEGIS ASSET BACKED SECURITIES TRUST, Mortgage Pass-Through Certificates, Series 2004-5 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 2004-5 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. AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-5 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: 1/5/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-5 Trust, relating to the December 27, 2004 distribution. EX-99.1

AEGIS Asset Backed Securities Trust Mortgage Pass-Through Certificates Record Date: 1011/2930/042004 Distribution Date: 1112/2627/042004 AEGIS Asset Backed Securities Trust Mortgage Pass-Through Certificates Series: 2004-5 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 I-A1 00764MDC8 SEN 2.~~14125~~37000% ~~199~~198,~~836~~727,~~000~~542.0025 ~~356~~405,~~582~~569.3679 13,~~108~~018,~~457~~511.7578 I-A2 00764MDD6 SEN 2.~~29125~~52000% 78,423,000.00 ~~149~~170,~~738~~177.9291 0.00 I-A3 00764MDE4 SEN 2.~~48125~~71000% 65,779,000.00 ~~136~~153,~~011~~502.7961 0.00 II-A 00764MDF1 SEN 2.~~33125~~56000% ~~344~~343,~~037~~607,~~000~~881.0069 ~~668~~757,~~363~~464.5549 ~~429~~3,~~118~~265,252.3127 M1 00764MDG9 MEZ 2.~~60125~~83000% 53,975,000.00 ~~117~~131,~~002~~534.0608 0.00 M2 00764MDH7 MEZ 3.~~17125~~40000% 44,625,000.00 ~~117~~130,~~930~~652.8608 0.00 M3 00764MDJ3 MEZ 3.~~35125~~58000% 11,900,000.00 3336,~~233~~685.2306 0.00 B1 00764MDK0 SUB 3.~~70125~~93000% 11,050,000.00 3437,~~082~~395.3404 0.00 B2 00764MDL8 SUB 34.~~85125~~08000% 8,925,000.00 2831,~~643~~356.6750 0.00 B3 00764MDM6 SUB 5.~~45125~~68000% 8,500,000.00 3841,~~613~~574.0244 0.00 B4 00764MDN4 SUB 5.~~45125~~68000% 10,200,000.00 4649,~~335~~889.6333 0.00 X AEG04005X OC 0.00000% 12,750,~~211~~000.4600 2,~~849~~714,~~565~~038.0216 0.00 P AEG04005P SEN 0.00000% 100.00 928,~~788~~883.3742 0.00 R1 AEG0405R1 RES 0.00000% 0.00 0.00 0.00 Totals ~~850~~848,~~000~~462,~~311~~523.4694 4,~~585~~688,~~890~~722.8291 16,~~537~~283,~~576~~764.0605

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A1 0.00 ~~198~~195,~~727~~709,~~542~~030.2547 13,~~465~~424,~~040~~081.1157 0.00 I-A2 0.00 78,423,000.00 ~~149~~170,~~738~~177.9291 0.00 I-A3 0.00 65,779,000.00 ~~136~~153,~~011~~502.7961 0.00 II-A 0.00 ~~343~~340,~~607~~342,~~881~~629.6942 14,~~097~~022,~~481~~716.8676 0.00 M1 0.00 53,975,000.00 ~~117~~131,~~002~~534.0608 0.00 M2 0.00 44,625,000.00 ~~117~~130,~~930~~652.8608 0.00 M3 0.00 11,900,000.00 3336,~~233~~685.2306 0.00 B1 0.00 11,050,000.00 3437,~~082~~395.3404 0.00 B2 0.00 8,925,000.00 2831,~~643~~356.6750 0.00 B3 0.00 8,500,000.00 3841,~~613~~574.0244 0.00 B4 0.00 10,200,000.00 4649,~~335~~889.6333 0.00 X 0.00 12,750,000.00 2,~~849~~714,~~565~~038.0216 0.00 P 0.00 100.00 928,~~788~~883.3742 0.00 R1 0.00 0.00 0.00 0.00 Totals 0.00 ~~848~~842,~~462~~178,~~523~~759.9489 610,~~123~~972,~~466~~486.8896 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) I-A1 199,836,000.00 ~~199~~198,~~836~~727,~~000~~542.0025 0.00 13,~~108~~018,~~457~~511.7578 0.00 0.00 I-A2 78,423,000.00 78,423,000.00 0.00 0.00 0.00 0.00 I-A3 65,779,000.00 65,779,000.00 0.00 0.00 0.00 0.00 II-A 344,037,000.00 ~~344~~343,~~037~~607,~~000~~881.0069 0.00 ~~429~~3,~~118~~265,252.3127 0.00 0.00 M1 53,975,000.00 53,975,000.00 0.00 0.00 0.00 0.00 M2 44,625,000.00 44,625,000.00 0.00 0.00 0.00 0.00 M3 11,900,000.00 11,900,000.00 0.00 0.00 0.00 0.00 B1 11,050,000.00 11,050,000.00 0.00 0.00 0.00 0.00 B2 8,925,000.00 8,925,000.00 0.00 0.00 0.00 0.00 B3 8,500,000.00 8,500,000.00 0.00 0.00 0.00 0.00 B4 10,200,000.00 10,200,000.00 0.00 0.00 0.00 0.00 X 12,750,211.46 12,750,~~211~~000.4600 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R1 0.00 0.00 0.00 0.00 0.00 0.00 Totals 850,000,311.46 ~~850~~848,~~000~~462,~~311~~523.4694 0.00 16,~~537~~283,~~576~~764.0605 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 I-A1 13,~~108~~018,~~457~~511.7578 ~~198~~195,~~727~~709,~~542~~030.2547 0.~~99445316~~97934822 13,~~108~~018,~~457~~511.7578 I-A2 0.00 78,423,000.00 1.00000000 0.00 I-A3 0.00 65,779,000.00 1.00000000 0.00 II-A ~~429~~3,~~118~~265,252.3127 ~~343~~340,~~607~~342,~~881~~629.6942 0.~~99875270~~98926171 ~~429~~3,~~118~~265,252.3127 M1 0.00 53,975,000.00 1.00000000 0.00 M2 0.00 44,625,000.00 1.00000000 0.00 M3 0.00 11,900,000.00 1.00000000 0.00 B1 0.00 11,050,000.00 1.00000000 0.00 B2 0.00 8,925,000.00 1.00000000 0.00 B3 0.00 8,500,000.00 1.00000000 0.00 B4 0.00 10,200,000.00 1.00000000 0.00 X 0.00 12,750,000.00 0.99998342 0.00 P 0.00 100.00 1.00000000 0.00 R1 0.00 0.00 0.00000000 0.00 Totals 16,~~537~~283,~~576~~764.0605 ~~848~~842,~~462~~178,~~523~~759.9489 0.~~99819084~~99079818 16,~~537~~283,~~576~~764.0605

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A1 199,836,000.00 ~~1000~~994.~~00000000~~45316284 0.00000000 515.~~54683716~~10494495 0.00000000 I-A2 78,423,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 I-A3 65,779,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A 344,037,000.00 ~~1000~~998.~~00000000~~75269721 0.00000000 19.~~24730279~~49099158 0.00000000 M1 53,975,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 44,625,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 11,900,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 11,050,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B2 8,925,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B3 8,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B4 10,200,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 12,750,211.46 ~~1000~~999.~~00000000~~98341518 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R1 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 I-A1 0.00000000 515.~~54683716~~10494495 ~~994~~979.~~45316284~~34821789 0.~~99445316~~97934822 515.~~54683716~~10494495 I-A2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 I-A3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A 0.00000000 19.~~24730279~~49099158 ~~998~~989.~~75269721~~26170563 0.~~99875270~~98926171 19.~~24730279~~49099158 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 B1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 999.98341518 0.99998342 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R1 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 I-A1 199,836,000.00 2.~~14125~~37000% ~~199~~198,~~836~~727,~~000~~542.0025 ~~356~~405,~~582~~569.3679 0.00 0.00 I-A2 78,423,000.00 2.~~29125~~52000% 78,423,000.00 ~~149~~170,~~738~~177.9291 0.00 0.00 I-A3 65,779,000.00 2.~~48125~~71000% 65,779,000.00 ~~136~~153,~~011~~502.7961 0.00 0.00 II-A 344,037,000.00 2.~~33125~~56000% ~~344~~343,~~037~~607,~~000~~881.0069 ~~668~~757,~~363~~464.5549 0.00 0.00 M1 53,975,000.00 2.~~60125~~83000% 53,975,000.00 ~~117~~131,~~002~~534.0608 0.00 0.00 M2 44,625,000.00 3.~~17125~~40000% 44,625,000.00 ~~117~~130,~~930~~652.8608 0.00 0.00 M3 11,900,000.00 3.~~35125~~58000% 11,900,000.00 3336,~~233~~685.2306 0.00 0.00 B1 11,050,000.00 3.~~70125~~93000% 11,050,000.00 3437,~~082~~395.3404 0.00 0.00 B2 8,925,000.00 34.~~85125~~08000% 8,925,000.00 2831,~~643~~356.6750 0.00 0.00 B3 8,500,000.00 5.~~45125~~68000% 8,500,000.00 3841,~~613~~574.0244 0.00 0.00 B4 10,200,000.00 5.~~45125~~68000% 10,200,000.00 4649,~~335~~889.6333 0.00 0.00 X 12,750,211.46 0.00000% 12,750,~~211~~000.4600 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R1 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 850,000,311.46 1,~~726~~945,~~537~~801.4333 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 I-A1 0.00 0.00 ~~356~~405,~~582~~569.3679 0.00 ~~198~~195,~~727~~709,~~542~~030.2547 I-A2 0.00 0.00 ~~149~~170,~~738~~177.9291 0.00 78,423,000.00 I-A3 0.00 0.00 ~~136~~153,~~011~~502.7961 0.00 65,779,000.00 II-A 0.00 0.00 ~~668~~757,~~363~~464.5549 0.00 ~~343~~340,~~607~~342,~~881~~629.6942 M1 0.00 0.00 ~~117~~131,~~002~~534.0608 0.00 53,975,000.00 M2 0.00 0.00 ~~117~~130,~~930~~652.8608 0.00 44,625,000.00 M3 0.00 0.00 3336,~~233~~685.2306 0.00 11,900,000.00 B1 0.00 0.00 3437,~~082~~395.3404 0.00 11,050,000.00 B2 0.00 0.00 2831,~~643~~356.6750 0.00 8,925,000.00 B3 0.00 0.00 3841,~~613~~574.0244 0.00 8,500,000.00 B4 0.00 0.00 4649,~~335~~889.6333 0.00 10,200,000.00 X 0.00 0.00 2,~~849~~714,~~565~~038.0216 0.00 12,750,000.00 P 0.00 0.00 928,~~788~~883.3742 0.00 100.00 R1 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 4,~~585~~688,~~890~~722.8291 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 I-A1 199,836,000.00 2.~~14125~~37000% ~~1000~~994.~~00000000~~45316284 12.~~78437499~~02951315 0.00000000 0.00000000 I-A2 78,423,000.00 2.~~29125~~52000% 1000.00000000 12.~~90937506~~17000000 0.00000000 0.00000000 I-A3 65,779,000.00 2.~~48125~~71000% 1000.00000000 2.~~06770839~~33361118 0.00000000 0.00000000 II-A 344,037,000.00 2.~~33125~~56000% ~~1000~~998.~~00000000~~75269721 12.~~94270834~~20169485 0.00000000 0.00000000 M1 53,975,000.00 2.~~60125~~83000% 1000.00000000 2.~~16770838~~43694451 0.00000000 0.00000000 M2 44,625,000.00 3.~~17125~~40000% 1000.00000000 2.~~64270835~~92777770 0.00000000 0.00000000 M3 11,900,000.00 3.~~35125~~58000% 1000.00000000 23.~~79270840~~08277815 0.00000000 0.00000000 B1 11,050,000.00 3.~~70125~~93000% 1000.00000000 3.~~08437466~~38416652 0.00000000 0.00000000 B2 8,925,000.00 34.~~85125~~08000% 1000.00000000 3.~~20937479~~51333333 0.00000000 0.00000000 B3 8,500,000.00 5.~~45125~~68000% 1000.00000000 4.~~54270824~~89111059 0.00000000 0.00000000 B4 10,200,000.00 5.~~45125~~68000% 1000.00000000 4.~~54270882~~89111078 0.00000000 0.00000000 X 12,750,211.46 0.00000% ~~1000~~999.~~00000000~~98341518 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R1 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 I-A1 0.00000000 0.00000000 12.~~78437499~~02951315 0.00000000 ~~994~~979.~~45316284~~34821789 I-A2 0.00000000 0.00000000 12.~~90937506~~17000000 0.00000000 1000.00000000 I-A3 0.00000000 0.00000000 2.~~06770839~~33361118 0.00000000 1000.00000000 II-A 0.00000000 0.00000000 12.~~94270834~~20169485 0.00000000 ~~998~~989.~~75269721~~26170563 M1 0.00000000 0.00000000 2.~~16770838~~43694451 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.~~64270835~~92777770 0.00000000 1000.00000000 M3 0.00000000 0.00000000 23.~~79270840~~08277815 0.00000000 1000.00000000 B1 0.00000000 0.00000000 3.~~08437466~~38416652 0.00000000 1000.00000000 B2 0.00000000 0.00000000 3.~~20937479~~51333333 0.00000000 1000.00000000 B3 0.00000000 0.00000000 4.~~54270824~~89111059 0.00000000 1000.00000000 B4 0.00000000 0.00000000 4.~~54270882~~89111078 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~223~~212.~~49158906~~86220770 0.00000000 999.98341518 P 0.00000000 0.00000000 ~~97883~~288834.~~70000000~~20000000 0.00000000 1000.00000000 R1 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 611,~~486~~271,~~782~~790.6339 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 1064,~~323~~880.0108 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 928,~~788~~883.3742 Total Deposits 611,~~506~~365,~~894~~553.0189 Withdrawals Reimbursement for Servicer Advances 010,323.0001 Payment of Service Fee ~~383~~382,~~427~~743.1392 Payment of Interest and Principal 610,~~123~~972,~~466~~486.8896 Total Withdrawals (Pool Distribution Amount) 611,~~506~~365,~~894~~553.0189 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~354~~353,~~166~~526.7905 Credit Risk Manager's Fee 10,~~625~~605.0078 FGIC Insurance Premium 18,~~635~~612.3409 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~383~~382,~~427~~743.1392

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 1370 0 0 0 1370 17,~~434~~735,~~923~~023.1078 0.00 0.00 0.00 17,~~434~~735,~~923~~023.1078 60 Days 011 0 0 0 011 01,064,600.0042 0.00 0.00 0.00 01,064,600.0042 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 1381 0 0 0 1381 18,~~434~~799,~~923~~624.1020 0.00 0.00 0.00 18,~~434~~799,~~923~~624.1020 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.~~188297~~020259% 0.000000% 0.000000% 0.000000% 01.~~188297~~020259% 0.~~169019~~917840% 0.000000% 0.000000% 0.000000% 0.~~169019~~917840% 60 Days 0.~~000000~~160326% 0.000000% 0.000000% 0.000000% 0.~~000000~~160326% 0.~~000000~~126326% 0.000000% 0.000000% 0.000000% 0.~~000000~~126326% 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.~~188297~~180586% 0.000000% 0.000000% 0.000000% 01.~~188297~~180586% 01.~~169019~~044166% 0.000000% 0.000000% 0.000000% 01.~~169019~~044166%

~~OTHER~~Delinquency ~~INFORMATION~~Status ~~Current~~By ~~Period~~Groups ~~Class~~DELINQUENT ABANKRUPTCY ~~Insufficient~~FORECLOSURE ~~Funds~~REO Total Group 1 Fixed 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 7 0 0 0 7 315,358.20 0.00 0.00 0.00 315,358.20 60 Days 3 0 0 0 3 73,430.00 0.00 0.00 0.00 73,430.00 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 10 0 0 0 10 388,788.20 0.00 0.00 0.00 388,788.20 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.640439% 0.000000% 0.000000% 0.000000% 0.640439% 0.325482% 0.000000% 0.000000% 0.000000% 0.325482% 60 Days 0.274474% 0.000000% 0.000000% 0.000000% 0.274474% 0.075787% 0.000000% 0.000000% 0.000000% 0.075787% 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 0.914913% 0.000000% 0.000000% 0.000000% 0.914913% 0.401270% 0.000000% 0.000000% 0.000000% 0.401270% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 ARM 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 25 0 0 0 25 3,748,932.79 0.00 0.00 0.00 3,748,932.79 60 Days 1 0 0 0 1 297,500.00 0.00 0.00 0.00 297,500.00 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 26 0 0 0 26 4,046,432.79 0.00 0.00 0.00 4,046,432.79 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.278119% 0.000000% 0.000000% 0.000000% 1.278119% 1.156123% 0.000000% 0.000000% 0.000000% 1.156123% 60 Days 0.051125% 0.000000% 0.000000% 0.000000% 0.051125% 0.091745% 0.000000% 0.000000% 0.000000% 0.091745% 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 1.329243% 0.000000% 0.000000% 0.000000% 1.329243% 1.247868% 0.000000% 0.000000% 0.000000% 1.247868% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 Fixed No of ~~Contaminated~~Loans ~~Properties~~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 ~~Periodic~~0.00 ~~Advance~~0.00 100.00 30 Days 9 0 0 0 9 473,~~323~~418.0172 0.00 0.00 0.00 473,418.72 60 Days 3 0 0 0 3 136,300.00 0.00 0.00 0.00 136,300.00 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 12 0 0 0 12 609,718.72 0.00 0.00 0.00 609,718.72 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.677201% 0.000000% 0.000000% 0.000000% 0.677201% 0.566637% 0.000000% 0.000000% 0.000000% 0.566637% 60 Days 0.225734% 0.000000% 0.000000% 0.000000% 0.225734% 0.163138% 0.000000% 0.000000% 0.000000% 0.163138% 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 0.902935% 0.000000% 0.000000% 0.000000% 0.902935% 0.729775% 0.000000% 0.000000% 0.000000% 0.729775% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 ARM 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 29 0 0 0 29 3,197,314.07 0.00 0.00 0.00 3,197,314.07 60 Days 4 0 0 0 4 557,370.42 0.00 0.00 0.00 557,370.42 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 33 0 0 0 33 3,754,684.49 0.00 0.00 0.00 3,754,684.49 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.167942% 0.000000% 0.000000% 0.000000% 1.167942% 0.945851% 0.000000% 0.000000% 0.000000% 0.945851% 60 Days 0.161095% 0.000000% 0.000000% 0.000000% 0.161095% 0.164885% 0.000000% 0.000000% 0.000000% 0.164885% 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 1.329037% 0.000000% 0.000000% 0.000000% 1.329037% 1.110736% 0.000000% 0.000000% 0.000000% 1.110736%

~~COLLATERAL~~OTHER ~~STATEMENT~~INFORMATION ~~Collateral~~Current ~~Description~~Period ~~Fixed~~Class &A ~~Mixed~~Insufficient ~~ARM~~Funds Weighted Average Gross Coupon 7.747470% Weighted Average Net Coupon 7.247470% Weighted Average Pass-Through Rate 7.247470% Weighted Average Maturity(Stepdown Calculation ) 346 Beginning Scheduled Collateral Loan Count 6,912 Number Of Loans Paid In Full 8 Ending Scheduled Collateral Loan Count 6,904 Beginning Scheduled Collateral Balance 850,000,311.46 Ending Scheduled Collateral Balance 848,462,523.94 Ending Actual Collateral Balance at 29-Oct-2004 848,973,626.68 Monthly P &I Constant 6,125,601.89 Special Servicing Fee 0.00 ~~Prepayment Penalties 9,788.37 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled~~ Principal ~~637,808.28~~Balance ~~Unscheduled~~of ~~Principal~~Contaminated ~~899,979.24~~Properties ~~Required Overcollateralization Amount~~ 0.00 ~~Overcollateralized~~Periodic ~~Increase~~Advance ~~Amount 0.00 Overcollateralized reduction Amount 211.46 Specified O/C Amount 12~~64,~~750,000~~880.~~00 Overcollateralized Amount 12,750,000.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 2,849,353.56~~08

~~Miscellaneous~~COLLATERAL ~~Reporting~~STATEMENT ~~Libor~~Collateral ~~Used~~Description 1Fixed & Mixed ARM Weighted Average Gross Coupon 7.~~951250~~747485% Weighted Average Net ~~Swap~~Coupon ~~Payment~~7.247485% toWeighted ~~Swap~~Average ~~Counterparty~~Pass-Through ~~$528~~Rate 7.247485% Weighted Average Maturity (Stepdown Calculation) 345 Beginning Scheduled Collateral Loan Count 6,~~745~~904 Number Of Loans Paid In Full 43 Ending Scheduled Collateral Loan Count 6,861 Beginning Scheduled Collateral Balance 848,462,523.94 Ending Scheduled Collateral Balance 842,178,759.89 ~~Net~~Ending ~~Swap~~Actual ~~Payment~~Collateral toBalance ~~Supp~~at 30-Nov-2004 842,741,912.73 ~~Interest~~Monthly ~~Trust~~P &I Constant 6,119,150.21 Special Servicing Fee 0.00 ~~Swap~~Prepayment ~~Termination~~Penalties ~~Pmt~~28,883.42 toRealized ~~Swap~~Loss ~~Counterpty~~Amount 0.00 ~~Swap~~Cumulative ~~Termination~~Realized ~~Pmt~~Loss to0.00 ~~Supp~~Scheduled Principal 641,274.43 ~~Int~~Unscheduled Principal 5,642,489.62 ~~Trust~~Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 12,750,000.00 Overcollateralized Amount 12,750,000.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 2,714,038.16

Filing Compare · AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-5