8-K 1 mlm04wm5_dec.txt DECEMBER 8K 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 Loan Asset-Backed Certificates, Series 2004-WM5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-112231-29 54-2162621 Pooling and Servicing Agreement) (Commission 54-2162622 (State or other File Number) 54-6643825 jurisdiction 54-6643826 of Incorporation) IRS EIN 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 Loan Asset-Backed Certificates, Series 2004-WM5 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset-Backed Certificates, Series 2004-WM5 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 Loan Asset-Backed Certificates, Series 2004-WM5 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: 1/5/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset-Backed Certificates, Series 2004-WM5 Trust, relating to the December 27, 2004 distribution. EX-99.1

Merrill Lynch Mortgage Loans, Inc. Mortgage ~~Pass~~Loan Asset-~~Through~~Backed Certificates Record Date: 1011/3130/042004 Distribution Date: 1112/2627/042004 ~~MLM~~Merrill Lynch Mortgage Loans, Inc. Mortgage Loan Asset-Backed Certificates Series: 2004-WM5 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 59020UMS1 RES 2.~~25000~~47000% ~~100~~0.00 0.1700 ~~100~~0.00 A1A 59020UMA0 SEN 2.~~25000~~47000% 1,~~094~~060,~~343~~465,~~000~~675.0041 12,~~915~~255,~~100~~551.2558 3339,~~877~~753,~~324~~015.5981 A2A 59020UMB8 SEN 2.~~33000~~55000% ~~150~~142,~~000~~347,~~000~~798.0053 ~~271~~312,~~833~~572.3304 74,~~652~~445,~~201~~235.4715 A2B1 59020UMC6 SEN 2.~~14000~~36000% ~~353~~320,~~402~~067,~~000~~735.0004 ~~588~~650,~~218~~448.0076 3319,~~334~~364,~~264~~185.9618 A2B2 59020UMD4 SEN 2.~~31000~~53000% 227,204,000.00 ~~408~~494,~~209~~989.8516 0.00 A2B3 59020UME2 SEN 2.~~51000~~73000% 72,819,000.00 ~~142~~171,~~158~~185.8733 0.00 M1 59020UMF9 MEZ 2.~~58000~~80000% 67,527,000.00 ~~135~~162,~~504~~815.1810 0.00 M2 59020UMG7 MEZ 2.~~64000~~86000% 61,706,000.00 ~~126~~151,~~702~~968.9917 0.00 M3 59020UMH5 MEZ 2.~~75000~~97000% 39,585,000.00 84101,~~667~~238.9264 0.00 M4 59020UMJ1 MEZ 3.~~01000~~23000% 34,928,000.00 8197,~~770~~148.3335 0.00 M5 59020UMK8 MEZ 3.~~11000~~33000% 32,599,000.00 7893,~~853~~477.3663 0.00 M6 59020UML6 MEZ 3.~~26000~~48000% 31,435,000.00 7994,~~705~~200.1922 0.00 B1 59020UMM4 SUB 34.~~81000~~03000% 26,778,000.00 7992,~~352~~927.1410 0.00 B2 59020UMN2 SUB 34.~~91000~~13000% 23,285,000.00 7082,~~812~~810.2752 0.00 B3 59020UMP7 SUB 5.~~16000~~38000% 23,285,000.00 93107,~~450~~874.4723 0.00 B4 59020UMQ5 SUB 5.~~46000~~68000% 23,285,000.00 98113,~~883~~889.6352 0.00 B5 59020UMR3 SUB 5.~~46000~~68000% 23,285,000.00 98113,~~883~~889.6352 0.00 P 59020UMU6 P 0.00000% 0.00 ~~581~~1,~~772~~048,847.4107 0.00 C 59020UMT9 OC 0.00000% 43,~~084~~078,~~039~~178.4800 76,~~712~~565,~~298~~875.0113 0.00 Totals 2,~~328~~253,~~550~~680,~~139~~386.4898 12,~~648~~711,~~177~~708.0007 7463,~~863~~562,~~891~~436.0214

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses R 0.00 0.00 ~~100~~0.1700 0.00 A1A 0.00 1,~~060~~020,~~465~~712,~~675~~659.4160 3542,~~792~~008,~~424~~567.8439 0.00 A2A 0.00 ~~142~~137,~~347~~902,~~798~~563.5338 74,~~924~~757,~~034~~807.8019 0.00 A2B1 0.00 ~~320~~300,~~067~~703,~~735~~549.0485 3320,~~922~~014,~~482~~633.9694 0.00 A2B2 0.00 227,204,000.00 ~~408~~494,~~209~~989.8516 0.00 A2B3 0.00 72,819,000.00 ~~142~~171,~~158~~185.8733 0.00 M1 0.00 67,527,000.00 ~~135~~162,~~504~~815.1810 0.00 M2 0.00 61,706,000.00 ~~126~~151,~~702~~968.9917 0.00 M3 0.00 39,585,000.00 84101,~~667~~238.9264 0.00 M4 0.00 34,928,000.00 8197,~~770~~148.3335 0.00 M5 0.00 32,599,000.00 7893,~~853~~477.3663 0.00 M6 0.00 31,435,000.00 7994,~~705~~200.1922 0.00 B1 0.00 26,778,000.00 7992,~~352~~927.1410 0.00 B2 0.00 23,285,000.00 7082,~~812~~810.2752 0.00 B3 0.00 23,285,000.00 93107,~~450~~874.4723 0.00 B4 0.00 23,285,000.00 98113,~~883~~889.6352 0.00 B5 0.00 23,285,000.00 98113,~~883~~889.6352 0.00 P 0.00 0.00 ~~581~~1,~~772~~048,847.4107 0.00 C 0.00 43,078,178.00 76,~~712~~565,~~298~~875.0113 0.00 Totals 0.00 2,~~253~~190,~~680~~117,~~386~~950.9883 8776,~~512~~274,~~068~~144.0221 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 100.00 ~~100~~0.00 0.00 ~~100~~0.00 0.00 0.00 100.00 ~~100~~0.00 0.00 ~~100~~0.00 0.00 0.00 A1A 1,094,343,000.00 1,~~094~~060,~~343~~465,~~000~~675.0041 0.00 3339,~~877~~753,~~324~~015.5981 0.00 0.00 A2A 150,000,000.00 ~~150~~142,~~000~~347,~~000~~798.0053 0.00 74,~~652~~445,~~201~~235.4715 0.00 0.00 A2B1 353,402,000.00 ~~353~~320,~~402~~067,~~000~~735.0004 0.00 3319,~~334~~364,~~264~~185.9618 0.00 0.00 A2B2 227,204,000.00 227,204,000.00 0.00 0.00 0.00 0.00 A2B3 72,819,000.00 72,819,000.00 0.00 0.00 0.00 0.00 M1 67,527,000.00 67,527,000.00 0.00 0.00 0.00 0.00 M2 61,706,000.00 61,706,000.00 0.00 0.00 0.00 0.00 M3 39,585,000.00 39,585,000.00 0.00 0.00 0.00 0.00 M4 34,928,000.00 34,928,000.00 0.00 0.00 0.00 0.00 M5 32,599,000.00 32,599,000.00 0.00 0.00 0.00 0.00 M6 31,435,000.00 31,435,000.00 0.00 0.00 0.00 0.00 B1 26,778,000.00 26,778,000.00 0.00 0.00 0.00 0.00 B2 23,285,000.00 23,285,000.00 0.00 0.00 0.00 0.00 B3 23,285,000.00 23,285,000.00 0.00 0.00 0.00 0.00 B4 23,285,000.00 23,285,000.00 0.00 0.00 0.00 0.00 B5 23,285,000.00 23,285,000.00 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 C 43,084,039.48 43,~~084~~078,~~039~~178.4800 0.00 0.00 0.00 0.00 43,084,039.48 43,~~084~~078,~~039~~178.4800 0.00 0.00 0.00 0.00 Totals 2,371,634,278.96 2,~~371~~296,~~634~~758,~~278~~564.9698 0.00 7463,~~863~~562,~~991~~436.0214 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 ~~100~~0.00 0.00 0.00000000 ~~100~~0.00 R ~~100~~0.00 0.00 0.00000000 ~~100~~0.00 A1A 3339,~~877~~753,~~324~~015.5981 1,~~060~~020,~~465~~712,~~675~~659.4160 0.~~96904323~~93271731 3339,~~877~~753,~~324~~015.5981 A2A 74,~~652~~445,~~201~~235.4715 ~~142~~137,~~347~~902,~~798~~563.5338 0.~~94898532~~91935042 74,~~652~~445,~~201~~235.4715 A2B1 3319,~~334~~364,~~264~~185.9618 ~~320~~300,~~067~~703,~~735~~549.0485 0.~~90567607~~85088242 3319,~~334~~364,~~264~~185.9618 A2B2 0.00 227,204,000.00 1.00000000 0.00 A2B3 0.00 72,819,000.00 1.00000000 0.00 M1 0.00 67,527,000.00 1.00000000 0.00 M2 0.00 61,706,000.00 1.00000000 0.00 M3 0.00 39,585,000.00 1.00000000 0.00 M4 0.00 34,928,000.00 1.00000000 0.00 M5 0.00 32,599,000.00 1.00000000 0.00 M6 0.00 31,435,000.00 1.00000000 0.00 B1 0.00 26,778,000.00 1.00000000 0.00 B2 0.00 23,285,000.00 1.00000000 0.00 B3 0.00 23,285,000.00 1.00000000 0.00 B4 0.00 23,285,000.00 1.00000000 0.00 B5 0.00 23,285,000.00 1.00000000 0.00 P 0.00 0.00 0.00000000 0.00 P 0.00 0.00 0.00000000 0.00 C 0.00 43,078,178.00 0.99986395 0.00 C 0.00 43,078,178.00 0.99986395 0.00 Totals 7463,~~863~~562,~~991~~436.0214 2,~~296~~233,~~758~~196,~~564~~128.9883 0.~~96842864~~94162753 7463,~~863~~562,~~991~~436.0214

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion R 100.00 ~~1000~~0.00000000 0.00000000 ~~1000~~0.00000000 0.00000000 A1A 1,094,343,000.00 ~~1000~~969.~~00000000~~04322997 0.00000000 3036.~~95677003~~32591958 0.00000000 A2A 150,000,000.00 ~~1000~~948.~~00000000~~98532353 0.00000000 5129.~~01467647~~63490100 0.00000000 A2B1 353,402,000.00 ~~1000~~905.~~00000000~~67607156 0.00000000 9454.~~32392844~~79364910 0.00000000 A2B2 227,204,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A2B3 72,819,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M1 67,527,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 61,706,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 39,585,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 34,928,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5 32,599,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M6 31,435,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 26,778,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B2 23,285,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B3 23,285,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B4 23,285,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B5 23,285,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 C 43,084,039.48 ~~1000~~999.~~00000000~~86395240 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 R 0.00000000 ~~1,000~~0.00000000 0.00000000 0.00000000 ~~1,000~~0.00000000 A1A 0.00000000 3036.~~95677003~~32591958 ~~969~~932.~~04322997~~71731039 0.~~96904323~~93271731 3036.~~95677003~~32591958 A2A 0.00000000 5129.~~01467647~~63490100 ~~948~~919.~~98532353~~35042253 0.~~94898532~~91935042 5129.~~01467647~~63490100 A2B1 0.00000000 9454.~~32392844~~79364910 ~~905~~850.~~67607156~~88242243 0.~~90567607~~85088242 9454.~~32392844~~79364910 A2B2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A2B3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 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 M5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M6 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 B5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 C 0.00000000 0.00000000 999.86395240 0.99986395 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 100.00 2.~~25000~~47000% ~~100~~0.00 0.1700 0.00 0.00 A1A 1,094,343,000.00 2.~~25000~~47000% 1,~~094~~060,~~343~~465,~~000~~675.0041 12,~~915~~255,~~100~~551.2558 0.00 0.00 A2A 150,000,000.00 2.~~33000~~55000% ~~150~~142,~~000~~347,~~000~~798.0053 ~~271~~312,~~833~~572.3304 0.00 0.00 A2B1 353,402,000.00 2.~~14000~~36000% ~~353~~320,~~402~~067,~~000~~735.0004 ~~588~~650,~~218~~448.0076 0.00 0.00 A2B2 227,204,000.00 2.~~31000~~53000% 227,204,000.00 ~~408~~494,~~209~~989.8516 0.00 0.00 A2B3 72,819,000.00 2.~~51000~~73000% 72,819,000.00 ~~142~~171,~~158~~185.8733 0.00 0.00 M1 67,527,000.00 2.~~58000~~80000% 67,527,000.00 ~~135~~162,~~504~~815.1810 0.00 0.00 M2 61,706,000.00 2.~~64000~~86000% 61,706,000.00 ~~126~~151,~~702~~968.9917 0.00 0.00 M3 39,585,000.00 2.~~75000~~97000% 39,585,000.00 84101,~~667~~238.9264 0.00 0.00 M4 34,928,000.00 3.~~01000~~23000% 34,928,000.00 8197,~~770~~148.3335 0.00 0.00 M5 32,599,000.00 3.~~11000~~33000% 32,599,000.00 7893,~~853~~477.3663 0.00 0.00 M6 31,435,000.00 3.~~26000~~48000% 31,435,000.00 7994,~~705~~200.1922 0.00 0.00 B1 26,778,000.00 34.~~81000~~03000% 26,778,000.00 7992,~~352~~927.1410 0.00 0.00 B2 23,285,000.00 34.~~91000~~13000% 23,285,000.00 7082,~~812~~810.2752 0.00 0.00 B3 23,285,000.00 5.~~16000~~38000% 23,285,000.00 93107,~~450~~874.4723 0.00 0.00 B4 23,285,000.00 5.~~46000~~68000% 23,285,000.00 98113,~~883~~889.6352 0.00 0.00 B5 23,285,000.00 5.~~46000~~68000% 23,285,000.00 98113,~~883~~889.6352 0.00 0.00 P 0.00 0.00000% 0.00 0.00 0.00 0.00 C 43,084,039.48 0.00000% 43,~~084~~078,~~039~~178.4800 0.00 0.00 0.00 Totals 2,328,550,139.48 45,~~354~~096,~~106~~985.5887 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 0.1700 0.00 0.00 A1A 0.00 0.00 12,~~915~~255,~~100~~551.2558 0.00 1,~~060~~020,~~465~~712,~~675~~659.4160 A2A 0.00 0.00 ~~271~~312,~~833~~572.3304 0.00 ~~142~~137,~~347~~902,~~798~~563.5338 A2B1 0.00 0.00 ~~588~~650,~~218~~448.0076 0.00 ~~320~~300,~~067~~703,~~735~~549.0485 A2B2 0.00 0.00 ~~408~~494,~~209~~989.8516 0.00 227,204,000.00 A2B3 0.00 0.00 ~~142~~171,~~158~~185.8733 0.00 72,819,000.00 M1 0.00 0.00 ~~135~~162,~~504~~815.1810 0.00 67,527,000.00 M2 0.00 0.00 ~~126~~151,~~702~~968.9917 0.00 61,706,000.00 M3 0.00 0.00 84101,~~667~~238.9264 0.00 39,585,000.00 M4 0.00 0.00 8197,~~770~~148.3335 0.00 34,928,000.00 M5 0.00 0.00 7893,~~853~~477.3663 0.00 32,599,000.00 M6 0.00 0.00 7994,~~705~~200.1922 0.00 31,435,000.00 B1 0.00 0.00 7992,~~352~~927.1410 0.00 26,778,000.00 B2 0.00 0.00 7082,~~812~~810.2752 0.00 23,285,000.00 B3 0.00 0.00 93107,~~450~~874.4723 0.00 23,285,000.00 B4 0.00 0.00 98113,~~883~~889.6352 0.00 23,285,000.00 B5 0.00 0.00 98113,~~883~~889.6352 0.00 23,285,000.00 P 0.00 0.00 ~~581~~1,~~772~~048,847.4107 0.00 0.00 C 0.00 0.00 76,~~712~~565,~~298~~875.0113 0.00 43,078,178.00 Totals 0.00 0.00 12,~~648~~711,~~177~~708.0007 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 100.00 2.~~25000~~47000% ~~1000~~0.00000000 10.~~70000000~~00000000 0.00000000 0.00000000 A1A 1,094,343,000.00 2.~~25000~~47000% ~~1000~~969.~~00000000~~04322997 12.~~75000000~~06110112 0.00000000 0.00000000 A2A 150,000,000.00 2.~~33000~~55000% ~~1000~~948.~~00000000~~98532353 12.~~81222220~~08381360 0.00000000 0.00000000 A2B1 353,402,000.00 2.~~14000~~36000% ~~1000~~905.~~00000000~~67607156 1.~~66444446~~84053503 0.00000000 0.00000000 A2B2 227,204,000.00 2.~~31000~~53000% 1000.00000000 12.~~79666665~~17861112 0.00000000 0.00000000 A2B3 72,819,000.00 2.~~51000~~73000% 1000.00000000 12.~~95222222~~35083330 0.00000000 0.00000000 M1 67,527,000.00 2.~~58000~~80000% 1000.00000000 2.~~00666667~~41111111 0.00000000 0.00000000 M2 61,706,000.00 2.~~64000~~86000% 1000.00000000 2.~~05333339~~46277785 0.00000000 0.00000000 M3 39,585,000.00 2.~~75000~~97000% 1000.00000000 2.~~13888897~~55750006 0.00000000 0.00000000 M4 34,928,000.00 3.~~01000~~23000% 1000.00000000 2.~~34111114~~78138886 0.00000000 0.00000000 M5 32,599,000.00 3.~~11000~~33000% 1000.00000000 2.~~41888892~~86749992 0.00000000 0.00000000 M6 31,435,000.00 3.~~26000~~48000% 1000.00000000 2.~~53555559~~99666677 0.00000000 0.00000000 B1 26,778,000.00 34.~~81000~~03000% 1000.00000000 23.~~96333333~~47027784 0.00000000 0.00000000 B2 23,285,000.00 34.~~91000~~13000% 1000.00000000 3.~~04111102~~55638909 0.00000000 0.00000000 B3 23,285,000.00 5.~~16000~~38000% 1000.00000000 4.~~01333348~~63277775 0.00000000 0.00000000 B4 23,285,000.00 5.~~46000~~68000% 1000.00000000 4.~~24666652~~89111102 0.00000000 0.00000000 B5 23,285,000.00 5.~~46000~~68000% 1000.00000000 4.~~24666652~~89111102 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 C 43,084,039.48 0.00000% ~~1000~~999.~~00000000~~86395240 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 R 0.00000000 0.00000000 10.~~70000000~~00000000 0.00000000 0.00000000 A1A 0.00000000 0.00000000 12.~~75000000~~06110112 0.00000000 ~~969~~932.~~04322997~~71731039 A2A 0.00000000 0.00000000 12.~~81222220~~08381360 0.00000000 ~~948~~919.~~98532353~~35042253 A2B1 0.00000000 0.00000000 1.~~66444446~~84053503 0.00000000 ~~905~~850.~~67607156~~88242243 A2B2 0.00000000 0.00000000 12.~~79666665~~17861112 0.00000000 1000.00000000 A2B3 0.00000000 0.00000000 12.~~95222222~~35083330 0.00000000 1000.00000000 M1 0.00000000 0.00000000 2.~~00666667~~41111111 0.00000000 1000.00000000 M2 0.00000000 0.00000000 2.~~05333339~~46277785 0.00000000 1000.00000000 M3 0.00000000 0.00000000 2.~~13888897~~55750006 0.00000000 1000.00000000 M4 0.00000000 0.00000000 2.~~34111114~~78138886 0.00000000 1000.00000000 M5 0.00000000 0.00000000 2.~~41888892~~86749992 0.00000000 1000.00000000 M6 0.00000000 0.00000000 2.~~53555559~~99666677 0.00000000 1000.00000000 B1 0.00000000 0.00000000 23.~~96333333~~47027784 0.00000000 1000.00000000 B2 0.00000000 0.00000000 3.~~04111102~~55638909 0.00000000 1000.00000000 B3 0.00000000 0.00000000 4.~~01333348~~63277775 0.00000000 1000.00000000 B4 0.00000000 0.00000000 4.~~24666652~~89111102 0.00000000 1000.00000000 B5 0.00000000 0.00000000 4.~~24666652~~89111102 0.00000000 1000.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 C 0.00000000 0.00000000 ~~179~~152.~~00591734~~39692492 0.00000000 999.86395240 (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 8876,~~261~~143,~~437~~677.0669 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~220~~241,~~860~~513.1913 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 01,048,847.0007 Total Deposits 8877,~~482~~434,~~297~~037.2589 Withdrawals Reimbursement for Servicer Advances 0220,860.0019 Payment of Service Fee ~~970~~939,~~229~~033.2349 Payment of Interest and Principal 8776,~~512~~274,~~068~~144.0221 Total Withdrawals (Pool Distribution Amount) 8877,~~482~~434,~~297~~037.2589 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~970~~939,~~229~~033.2349 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~970~~939,~~229~~033.2349

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 2428 0 0 2428 23,~~996~~187,~~454~~556.9218 0.00 0.00 23,~~996~~187,~~454~~556.9218 30 Days ~~161~~137 23 0 0 ~~163~~140 2822,~~055~~522,~~499~~145.8096 ~~215~~618,~~494~~336.4195 0.00 0.00 2823,~~270~~140,~~994~~482.2191 60 Days 2463 3 73 0 3469 210,~~980~~157,~~551~~363.1951 ~~221~~124,~~327~~734.0964 2735,~~084,278~~594.7063 0.00 511,~~286~~017,~~156~~692.9878 90 Days 09 01 012 0 022 0857,436.0006 0128,730.0092 01,972,299.0030 0.00 02,958,466.0028 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 10 0 0 0 10 ~~56,426~~0.2400 0.00 0.00 0.00 ~~56,426~~0.2400 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals ~~186~~209 2935 715 0 ~~222~~259 3133,~~092~~536,~~477~~945.2353 34,~~433~~059,~~276~~358.4269 2,~~084~~707,~~278~~893.7093 0.00 3640,~~610~~304,~~032~~198.3515 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.~~190961~~228404% 0.000000% 0.000000% 0.~~190961~~228404% 0.~~132958~~145543% 0.000000% 0.000000% 0.~~132958~~145543% 30 Days 1.~~281031~~117546% 0.~~015913~~024472% 0.000000% 0.000000% 1.~~296945~~142018% 1.~~244875~~028353% 0.~~009562~~028233% 0.000000% 0.000000% 1.~~254437~~056586% 60 Days 0.~~190961~~513908% 0.~~023870~~024472% 0.~~055697~~024472% 0.000000% 0.~~270528~~562852% 0.~~132253~~463782% 0.~~009821~~005695% 0.~~092483~~033587% 0.000000% 0.~~234557~~503064% 90 Days 0.~~000000~~073415% 0.~~000000~~008157% 0.~~000000~~097887% 0.000000% 0.~~000000~~179460% 0.~~000000~~039150% 0.~~000000~~005878% 0.~~000000~~090054% 0.000000% 0.~~000000~~135083% 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.~~007957~~000000% 0.000000% 0.000000% 0.000000% 0.~~007957~~000000% 0.~~002504~~000000% 0.000000% 0.000000% 0.000000% 0.~~002504~~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.~~479949~~704870% 0.~~230745~~285505% 0.~~055697~~122359% 0.000000% 12.~~766391~~112734% 1.~~379631~~531285% 0.~~152341~~185349% 0.~~092483~~123641% 0.000000% 1.~~624455~~840275%

Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP ONE - 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 58 0 0 58 ~~346~~640,~~025~~256.7734 0.00 0.00 ~~346~~640,~~025~~256.7734 30 Days 3127 10 0 0 3227 21,~~229~~860,~~856~~356.3724 ~~32,344~~0.8800 0.00 0.00 21,~~262~~860,~~201~~356.2524 60 Days 717 12 0 0 819 ~~364~~939,~~442~~335.2461 1850,~~557~~886.0128 0.00 0.00 ~~382~~990,~~999~~221.2589 90 Days 04 0 02 0 06 0158,668.0055 0.00 0143,919.0089 0.00 0302,588.0044 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 10 0 0 0 10 ~~56,426~~0.2400 0.00 0.00 0.00 ~~56,426~~0.2400 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 3948 710 02 0 4660 2,~~650~~958,~~724~~360.8540 ~~396~~691,~~927~~142.6662 0143,919.0089 0.00 3,~~047~~793,~~652~~422.5191 0-29 Days 0.~~133690~~218103% 0.000000% 0.000000% 0.~~133690~~218103% 0.~~087595~~165228% 0.000000% 0.000000% 0.~~087595~~165228% 30 Days 0.~~828877~~736096% 0.~~026738~~000000% 0.000000% 0.000000% 0.~~855615~~736096% 0.~~564478~~480093% 0.~~008188~~000000% 0.000000% 0.000000% 0.~~572666~~480093% 60 Days 0.~~187166~~463468% 0.~~026738~~054526% 0.000000% 0.000000% 0.~~213904~~517993% 0.~~092257~~242410% 0.~~004698~~013132% 0.000000% 0.000000% 0.~~096955~~255542% 90 Days 0.~~000000~~109051% 0.000000% 0.~~000000~~054526% 0.000000% 0.~~000000~~163577% 0.~~000000~~040947% 0.000000% 0.~~000000~~037141% 0.000000% 0.~~000000~~078088% 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.~~026738~~000000% 0.000000% 0.000000% 0.000000% 0.~~026738~~000000% 0.~~014284~~000000% 0.000000% 0.000000% 0.000000% 0.~~014284~~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.~~042781~~308615% 0.~~187166~~272628% 0.~~000000~~054526% 0.000000% 1.~~229947~~635769% 0.~~671019~~763450% 0.~~100480~~178360% 0.~~000000~~037141% 0.000000% 0.~~771500~~978950% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP ONE - 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 1315 0 0 1315 1,~~697~~974,~~738~~019.6904 0.00 0.00 1,~~697~~974,~~738~~019.6904 30 Days 7262 1 0 0 7363 1411,~~372~~411,~~062~~198.5044 183,~~149~~009.5375 0.00 0.00 1411,~~555~~594,~~212~~208.0319 60 Days 922 21 41 0 1524 14,~~022~~563,~~869~~124.0980 ~~202~~73,~~770~~848.0836 ~~659~~114,~~654~~252.3645 0.00 14,~~885~~751,~~293~~225.5361 90 Days 03 01 06 0 010 0275,919.0094 0128,730.0092 0763,532.0078 0.00 01,168,183.0064 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 8187 1618 47 0 ~~101~~112 1516,~~394~~250,~~931~~243.5918 2,~~083~~359,~~658~~608.3007 ~~659~~877,~~654~~785.3623 0.00 1819,~~138~~487,~~244~~636.2548 0-29 Days 0.~~272594~~324394% 0.000000% 0.000000% 0.~~272594~~324394% 0.~~185780~~223908% 0.000000% 0.000000% 0.~~185780~~223908% 30 Days 1.~~509750~~340830% 0.~~020969~~021626% 0.000000% 0.000000% 1.~~530719~~362457% 1.~~572705~~294343% 0.~~020042~~020758% 0.000000% 0.000000% 1.~~592747~~315101% 60 Days 0.~~188719~~475779% 0.~~041938~~021626% 0.~~083875~~021626% 0.000000% 0.~~314531~~519031% 0.~~111930~~517583% 0.~~022189~~008376% 0.~~072185~~012959% 0.000000% 0.~~206304~~538919% 90 Days 0.~~000000~~064879% 0.~~000000~~021626% 0.~~000000~~129758% 0.000000% 0.~~000000~~216263% 0.~~000000~~031297% 0.~~000000~~014602% 0.~~000000~~086606% 0.000000% 0.~~000000~~132504% 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.~~698469~~881488% 0.~~335500~~389273% 0.~~083875~~151384% 0.000000% 2.~~117844~~422145% 1.~~684636~~843223% 0.~~228010~~267644% 0.~~072185~~099565% 0.000000% 12.~~984831~~210432% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP TWO - 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 23 0 0 23 96153,~~757~~447.2886 0.00 0.00 96153,~~757~~447.2886 30 Days 1917 0 0 0 1917 1,~~871~~824,~~141~~360.0689 0.00 0.00 0.00 1,~~871~~824,~~141~~360.0689 60 Days 311 0 10 0 411 ~~385~~1,~~182~~337,038.3291 0.00 ~~139,685~~0.1500 0.00 ~~524~~1,~~867~~337,038.4791 90 Days 01 0 02 0 03 085,857.0076 0.00 0289,223.0062 0.00 0375,081.0038 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 2229 3 2 1 0 2534 23,~~256~~247,~~323~~257.3856 96153,~~757~~447.2886 ~~139~~289,~~685~~223.1562 0.00 23,~~492~~689,~~765~~929.8104 0-29 Days 0.~~103199~~158311% 0.000000% 0.000000% 0.~~103199~~158311% 0.~~033925~~054820% 0.000000% 0.000000% 0.~~033925~~054820% 30 Days 0.~~980392~~897098% 0.000000% 0.000000% 0.000000% 0.~~980392~~897098% 0.~~656057~~651760% 0.000000% 0.000000% 0.000000% 0.~~656057~~651760% 60 Days 0.~~154799~~580475% 0.000000% 0.~~051600~~000000% 0.000000% 0.~~206398~~580475% 0.~~135052~~477662% 0.000000% 0.~~048976~~000000% 0.000000% 0.~~184028~~477662% 90 Days 0.~~000000~~052770% 0.000000% 0.~~000000~~105541% 0.000000% 0.~~000000~~158311% 0.~~000000~~030673% 0.000000% 0.~~000000~~103326% 0.000000% 0.~~000000~~133999% 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.~~135191~~530343% 0.~~103199~~158311% 0.~~051600~~105541% 0.000000% 1.~~289990~~794195% 01.~~791110~~160096% 0.~~033925~~054820% 0.~~048976~~103326% 0.000000% 01.~~874011~~318242% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP TWO - 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 42 0 0 42 ~~855~~419,~~933~~832.1894 0.00 0.00 ~~855~~419,~~933~~832.1894 30 Days 3931 02 0 0 3933 97,~~582~~426,~~439~~230.8739 0435,327.0020 0.00 0.00 97,~~582~~861,~~439~~557.8759 60 Days 513 0 2 0 715 13,~~208~~317,~~057~~864.5419 0.00 1621,~~284,939~~342.1918 0.00 23,~~492~~939,~~996~~206.7337 90 Days 01 0 02 0 03 0336,989.0081 0.00 0775,623.0001 0.00 01,112,612.0082 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 4445 4 24 0 5053 1011,~~790~~081,~~497~~084.4139 855,~~933~~160.1814 1,~~284~~396,~~939~~965.19 0.00 1213,~~931~~333,~~369~~209.7872 0-29 Days 0.~~188590~~096525% 0.000000% 0.000000% 0.~~188590~~096525% 0.~~129766~~065488% 0.000000% 0.000000% 0.~~129766~~065488% 30 Days 1.~~838755~~496139% 0.~~000000~~096525% 0.000000% 0.000000% 1.~~838755~~592664% 1.~~452771~~158385% 0.~~000000~~067905% 0.000000% 0.000000% 1.~~452771~~226289% 60 Days 0.~~235738~~627413% 0.000000% 0.~~094295~~096525% 0.000000% 0.~~330033~~723938% 0.~~183151~~517539% 0.000000% 0.~~194807~~096920% 0.000000% 0.~~377957~~614459% 90 Days 0.~~000000~~048263% 0.000000% 0.~~000000~~096525% 0.000000% 0.~~000000~~144788% 0.~~000000~~052566% 0.000000% 0.~~000000~~120986% 0.000000% 0.~~000000~~173552% 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 2.~~074493~~171815% 0.~~188590~~193050% 0.~~094295~~193050% 0.000000% 2.~~357379~~557915% 1.~~635922~~728489% 0.~~129766~~133393% 0.~~194807~~217906% 0.000000% 12.~~960494~~079788%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~220~~241,~~860~~513.1913

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 6.~~718389~~710035% Weighted Average Net Coupon 6.~~218389~~210035% Weighted Average Pass-Through Rate 6.~~218389~~210035% Weighted Average Maturity(Stepdown Calculation ) ~~338~~337 Beginning Scheduled Collateral Loan Count 12,~~893~~568 Number Of Loans Paid In Full ~~325~~309 Ending Scheduled Collateral Loan Count 12,~~568~~259 Beginning Scheduled Collateral Balance 2,~~328~~253,~~550~~680,~~139~~386.4898 Ending Scheduled Collateral Balance 2,~~253~~190,~~680~~117,~~386~~950.9884 Ending Actual Collateral Balance at 3130-~~Oct~~Nov-2004 2,~~253~~190,~~680~~117,~~386~~950.9884 Monthly P &I Constant 14,~~871~~397,~~701~~933.4668 Special Servicing Fee 0.00 Prepayment Penalties 01,048,847.0007 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 1,~~834~~792,~~947~~453.5918 Unscheduled Principal 7361,~~034~~769,~~804~~982.9296

Miscellaneous Reporting Specified O/C Amount 43,078,178.00 Overcollateralization Increase Amount 0.00 Overcollateralization Reduction Amount ~~5,861~~0.4900 Excess Cash Amount 76,~~706~~565,~~436~~875.5214 Extra Principal Distribution 0.00 Overcollateralization Amount 43,078,178.00 Overcollateralization Deficiency Amount 0.00 Number of Loans with PPP received 93201 Cumulative Prepayment Penalties ~~571772~~1,630,569.4148 Trigger Event Occurring? NO

Group Level Collateral Statement Group GROUP ONE - FIXED GROUP ONE - ARM GROUP TWO - FIXED Collateral Description Mixed Fixed Mixed ARM Mixed Fixed Weighted Average Coupon Rate 7.~~354714~~348209 6.~~471918~~464060 7.~~758328~~736627 Weighted Average Net Rate 6.~~854714~~848209 5.~~971918~~964060 7.~~258328~~236627 Weighted Average Maturity ~~341~~340 ~~341~~340 ~~334~~333 Beginning Loan Count 3,~~789~~740 4,~~904~~769 1,~~994~~938 Loans Paid In Full 4972 ~~135~~145 5643 Ending Loan Count 3,~~740~~668 4,~~769~~624 1,~~938~~895 Beginning Scheduled Balance ~~400~~395,~~230~~029,~~050~~549.1509 ~~942~~913,~~523~~843,~~046~~470.5558 ~~293~~285,~~388~~209,~~498~~963.9816 Ending scheduled Balance ~~395~~387,~~029~~498,~~549~~953.0936 ~~913~~881,~~843~~621,~~470~~050.5850 ~~285~~279,~~209~~912,~~963~~893.1632 Record Date 1011/3130/2004 1011/3130/2004 1011/3130/2004 Principal And Interest Constant 2,~~843~~807,~~196~~873.1210 5,~~831~~650,~~156~~662.6995 2,~~154~~092,~~335~~041.4956 Scheduled Principal ~~390~~388,~~214~~906.6954 ~~747~~728,~~879~~046.8682 ~~257~~253,~~498~~238.6091 Unscheduled Principal 47,~~810~~141,~~286~~689.3719 2731,~~931~~494,~~696~~373.1126 75,~~921~~043,~~037~~830.2293 Scheduled Interest 2,~~452~~418,~~981~~966.4356 54,~~083~~922,~~276~~616.8313 1,~~896~~838,~~836~~802.8965 Servicing Fees ~~166~~164,~~762~~595.5265 ~~392~~380,~~717~~768.9411 ~~122~~118,~~245~~837.2148 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 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 2,~~286~~254,~~218~~370.91 4,~~690~~541,~~558~~848.8902 1,~~774~~719,~~591~~965.6817 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.~~854714~~848209 5.~~971918~~964060 7.~~258328~~236627

Group Level Collateral Statement Group GROUP TWO - ARM Total Collateral Description Mixed ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.~~245432~~231247 6.~~718389~~710035 Weighted Average Net Rate 5.~~745432~~731247 6.~~218389~~210035 Weighted Average Maturity ~~334~~333 ~~338~~337 Beginning Loan Count 2,~~206~~121 12,~~893~~568 Loans Paid In Full 8549 ~~325~~309 Ending Loan Count 2,~~121~~072 12,~~568~~259 Beginning Scheduled Balance ~~692~~659,~~408~~597,~~543~~404.8115 2,~~328~~253,~~550~~680,~~139~~386.4998 Ending scheduled Balance ~~659~~641,~~597~~085,~~404~~053.1566 2,~~253~~190,~~680~~117,~~386~~950.9884 Record Date 1011/3130/2004 1011/3130/2004 Principal And Interest Constant 43,~~043~~847,~~013~~356.1607 14,~~871~~397,~~701~~933.4668 Scheduled Principal ~~439~~422,~~354~~260.4491 1,~~834~~792,~~947~~453.5918 Unscheduled Principal 3218,~~371~~090,~~785~~089.2258 7361,~~034~~769,~~804~~982.9296 Scheduled Interest 3,~~603~~425,~~658~~095.7216 1312,~~036~~605,~~753~~480.8750 Servicing Fees ~~288~~274,~~503~~832.5625 ~~970~~939,~~229~~033.2349 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread Fee 1 0.00 0.00 Spread Fee 2 0.00 0.00 Spread Fee 3 0.00 0.00 Net Interest 3,~~315~~150,~~155~~262.1691 1211,~~066~~666,~~524~~447.6401 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.~~745432~~731247 6.~~218389~~210035

Filing Compare · Merrill Lynch Mortgage Investors Trust, Series 2004-WMC5