8-K 1 ahm04002_10501.txt 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): January 25, 2005 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-112273-02 Pooling and Servicing Agreement) (Commission N/A (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On January 25, 2005 a distribution was made to holders of AMERICAN HOME MORTGAGE INVESTMENT TRUST, Mortgage-Backed Notes, Series 2004-2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2004-2 Trust, relating to the January 25, 2005 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. AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Indenture Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 1/25/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2004-2 Trust, relating to the January 25, 2005 distribution. EX-99.1

AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Record Date: 1112/3031/2004 Distribution Date: 121/2725/~~2004~~2005 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Series 2004-2 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution I-A 02660TAV5 SEN 2.~~53000~~76750% ~~325~~309,~~076~~226,~~810~~582.6671 ~~708~~689,~~215~~382.9501 1521,~~850~~629,~~227~~295.9587 II-A 02660TAW3 SEN 3.77000% ~~172~~170,~~544~~047,~~743~~010.8142 ~~542~~534,~~078~~231.0702 24,~~497~~099,~~733~~152.3915 III-A 02660TAX1 SEN 4.34000% ~~120~~115,~~193~~901,~~594~~344.6987 ~~434~~419,~~700~~176.1753 4,~~292~~613,~~249~~297.8295 IV-A-1 02660TAY9 SEN 2.44000% ~~118~~109,~~286~~019,~~635~~692.5292 ~~240~~221,~~516~~673.1638 97,~~266~~973,~~942~~346.6073 IV-A-2 02660TAZ6 SEN 3.63500% 52,675,000.00 159,561.35 0.00 IV-A-3 02660TBA0 SEN 4.55000% 97,028,000.00 367,897.83 0.00 IV-A-4 02660TBB8 SEN 4.55000% 54,126,000.00 205,227.75 0.00 IV-A-5 02660TBC6 SEN 4.55000% 61,208,000.00 232,080.33 0.00 IV-A-6 02660TBD4 SEN 4.55000% 105,751,000.00 400,972.54 0.00 V-A 02660TBE2 SEN 5.50000% 8683,~~175~~898,~~037~~844.0473 ~~394~~384,~~968~~536.9237 21,~~276~~966,~~192~~496.3123 M-1 02660TBF9 MEZ 23.~~78000~~01750% 44,880,000.00 ~~107~~109,~~437~~092.7368 0.00 M-2 02660TBG7 MEZ 3.~~63000~~86750% 13,808,000.00 43,~~161~~018.5163 0.00 M-3 02660TBH5 MEZ 4.~~68000~~91750% 8,285,500.00 3332,~~390~~821.5751 0.00 N 02660TBJ1 MEZ 5.50000% 65,~~920~~790,~~864~~475.6132 3126,~~720~~539.6368 1,~~130~~119,~~389~~287.3055 OT AHM0402OT OT 0.00000% 0.00 0.00 0.00 OC OC 0.00000% 5,523,437.16 0.00 0.00 Totals 1,~~272~~237,~~482~~168,~~623~~888.4913 3,~~901~~826,~~929~~211.5161 3541,~~313~~400,~~735~~876.3748

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses I-A 0.00 ~~309~~287,~~226~~597,~~582~~286.7184 1622,~~558~~318,~~443~~677.9088 0.00 II-A 0.00 ~~170~~165,~~047~~947,~~010~~858.4227 34,~~039~~633,~~811~~383.4617 0.00 III-A 0.00 ~~115~~111,~~901~~288,~~344~~046.8792 45,~~726~~032,~~949~~474.9948 0.00 IV-A-1 0.00 ~~109~~101,~~019~~046,~~692~~346.9219 98,~~507~~195,~~458~~020.7611 0.00 IV-A-2 0.00 52,675,000.00 159,561.35 0.00 IV-A-3 0.00 97,028,000.00 367,897.83 0.00 IV-A-4 0.00 54,126,000.00 205,227.75 0.00 IV-A-5 0.00 61,208,000.00 232,080.33 0.00 IV-A-6 0.00 105,751,000.00 400,972.54 0.00 V-A 0.00 8381,~~898~~932,~~844~~348.7350 2,~~671~~351,~~161~~032.2360 0.00 M-1 0.00 44,880,000.00 ~~107~~109,~~437~~092.7368 0.00 M-2 0.00 13,808,000.00 43,~~161~~018.5163 0.00 M-3 0.00 8,285,500.00 3332,~~390~~821.5751 0.00 N 0.00 54,~~790~~671,~~475~~187.3277 1,~~162~~145,~~109~~827.9323 0.00 OT 0.00 0.00 0.00 0.00 OC 0.00 5,523,437.16 0.00 0.00 Totals 0.00 1,~~237~~195,~~168~~768,~~888~~011.1365 3945,~~215~~227,~~664~~088.8809 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-A 391,853,000.00 ~~325~~309,~~076~~226,~~810~~582.6671 0.00 1521,~~850~~629,~~227~~295.9587 0.00 0.00 II-A 179,968,000.00 ~~172~~170,~~544~~047,~~743~~010.8142 0.00 24,~~497~~099,~~733~~152.3915 0.00 0.00 III-A 135,297,000.00 ~~120~~115,~~193~~901,~~594~~344.6987 0.00 4,~~292~~613,~~249~~297.8295 0.00 0.00 IV-A-1 139,521,000.00 ~~118~~109,~~286~~019,~~635~~692.5292 0.00 97,~~266~~973,~~942~~346.6073 0.00 0.00 IV-A-2 52,675,000.00 52,675,000.00 0.00 0.00 0.00 0.00 IV-A-3 97,028,000.00 97,028,000.00 0.00 0.00 0.00 0.00 IV-A-4 54,126,000.00 54,126,000.00 0.00 0.00 0.00 0.00 IV-A-5 61,208,000.00 61,208,000.00 0.00 0.00 0.00 0.00 IV-A-6 105,751,000.00 105,751,000.00 0.00 0.00 0.00 0.00 V-A 90,935,000.00 8683,~~175~~898,~~037~~844.0473 0.00 21,~~276~~966,~~192~~496.3123 0.00 0.00 M-1 44,880,000.00 44,880,000.00 0.00 0.00 0.00 0.00 M-2 13,808,000.00 13,808,000.00 0.00 0.00 0.00 0.00 M-3 8,285,500.00 8,285,500.00 0.00 0.00 0.00 0.00 N 14,000,000.00 65,~~920~~790,~~864~~475.6132 0.00 1,~~130~~119,~~389~~287.3055 0.00 0.00 OT 0.00 0.00 0.00 0.00 0.00 0.00 OC 5,523,789.25 5,523,437.16 0.00 0.00 0.00 0.00 Totals 1,394,859,289.25 1,~~272~~237,~~482~~168,~~623~~888.4913 0.00 3541,~~313~~400,~~735~~876.3748 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-A 1521,~~850~~629,~~227~~295.9587 ~~309~~287,~~226~~597,~~582~~286.7184 0.~~78913925~~73394178 1521,~~850~~629,~~227~~295.9587 II-A 24,~~497~~099,~~733~~152.3915 ~~170~~165,~~047~~947,~~010~~858.4227 0.~~94487359~~92209647 24,~~497~~099,~~733~~152.3915 III-A 4,~~292~~613,~~249~~297.8295 ~~115~~111,~~901~~288,~~344~~046.8792 0.~~85664386~~82254630 4,~~292~~613,~~249~~297.8295 IV-A-1 97,~~266~~973,~~942~~346.6073 ~~109~~101,~~019~~046,~~692~~346.9219 0.~~78138555~~72423754 97,~~266~~973,~~942~~346.6073 IV-A-2 0.00 52,675,000.00 1.00000000 0.00 IV-A-3 0.00 97,028,000.00 1.00000000 0.00 IV-A-4 0.00 54,126,000.00 1.00000000 0.00 IV-A-5 0.00 61,208,000.00 1.00000000 0.00 IV-A-6 0.00 105,751,000.00 1.00000000 0.00 V-A 21,~~276~~966,~~192~~496.3123 8381,~~898~~932,~~844~~348.7350 0.~~92262434~~90099905 21,~~276~~966,~~192~~496.3123 M-1 0.00 44,880,000.00 1.00000000 0.00 M-2 0.00 13,808,000.00 1.00000000 0.00 M-3 0.00 8,285,500.00 1.00000000 0.00 N 1,~~130~~119,~~389~~287.3055 54,~~790~~671,~~475~~187.3277 0.~~41360538~~33365627 1,~~130~~119,~~389~~287.3055 OT 0.00 0.00 0.00000000 0.00 OC 0.00 5,523,437.16 0.99993626 0.00 Totals 3541,~~313~~400,~~735~~876.3748 1,~~237~~195,~~168~~768,~~888~~011.1365 0.~~88694888~~85726784 3541,~~313~~400,~~735~~876.3748

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 391,853,000.00 ~~829~~789.~~58867397~~13925046 0.00000000 4055.~~44942351~~19747423 0.00000000 II-A 179,968,000.00 ~~958~~944.~~75235492~~87359097 0.00000000 1322.~~87876395~~77711677 0.00000000 III-A 135,297,000.00 ~~888~~856.~~36851290~~64386402 0.00000000 3134.~~72464888~~09756277 0.00000000 IV-A-1 139,521,000.00 ~~847~~781.~~80524452~~38554712 0.00000000 6657.~~41969739~~14800446 0.00000000 IV-A-2 52,675,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-3 97,028,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-4 54,126,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-5 61,208,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-6 105,751,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 V-A 90,935,000.00 ~~947~~922.~~65532567~~62434409 0.00000000 2521.~~03098158~~62529532 0.00000000 M-1 44,880,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 13,808,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 8,285,500.00 1000.00000000 0.00000000 0.00000000 0.00000000 N 14,000,000.00 ~~494~~413.~~34747214~~60538000 0.00000000 8079.~~74209286~~94911071 0.00000000 OT 0.00 0.00000000 0.00000000 0.00000000 0.00000000 OC 5,523,789.25 999.93625934 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-A 0.00000000 4055.~~44942351~~19747423 ~~789~~733.~~13925046~~94177623 0.~~78913925~~73394178 4055.~~44942351~~19747423 II-A 0.00000000 1322.~~87876395~~77711677 ~~944~~922.~~87359097~~09647421 0.~~94487359~~92209647 1322.~~87876395~~77711677 III-A 0.00000000 3134.~~72464888~~09756277 ~~856~~822.~~64386402~~54630125 0.~~85664386~~82254630 3134.~~72464888~~09756277 IV-A-1 0.00000000 6657.~~41969739~~14800446 ~~781~~724.~~38554712~~23754266 0.~~78138555~~72423754 6657.~~41969739~~14800446 IV-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 V-A 0.00000000 2521.~~03098158~~62529532 ~~922~~900.~~62434409~~99904877 0.~~92262434~~90099905 2521.~~03098158~~62529532 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 N 0.00000000 8079.~~74209286~~94911071 ~~413~~333.~~60538000~~65626929 0.~~41360538~~33365627 8079.~~74209286~~94911071 OT 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00000000 0.00000000 999.93625934 0.99993626 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-A 391,853,000.00 2.~~53000~~76750% ~~325~~309,~~076~~226,~~810~~582.6671 ~~708~~689,~~215~~382.9501 0.00 0.00 II-A 179,968,000.00 3.77000% ~~172~~170,~~544~~047,~~743~~010.8142 ~~542~~534,~~078~~231.0702 0.00 0.00 III-A 135,297,000.00 4.34000% ~~120~~115,~~193~~901,~~594~~344.6987 ~~434~~419,~~700~~176.1753 0.00 0.00 IV-A-1 139,521,000.00 2.44000% ~~118~~109,~~286~~019,~~635~~692.5292 ~~240~~221,~~516~~673.1638 0.00 0.00 IV-A-2 52,675,000.00 3.63500% 52,675,000.00 159,561.35 0.00 0.00 IV-A-3 97,028,000.00 4.55000% 97,028,000.00 367,897.83 0.00 0.00 IV-A-4 54,126,000.00 4.55000% 54,126,000.00 205,227.75 0.00 0.00 IV-A-5 61,208,000.00 4.55000% 61,208,000.00 232,080.33 0.00 0.00 IV-A-6 105,751,000.00 4.55000% 105,751,000.00 400,972.54 0.00 0.00 V-A 90,935,000.00 5.50000% 8683,~~175~~898,~~037~~844.0473 ~~394~~384,~~968~~536.9237 0.00 0.00 M-1 44,880,000.00 23.~~78000~~01750% 44,880,000.00 ~~107~~109,~~437~~092.7368 0.00 0.00 M-2 13,808,000.00 3.~~63000~~86750% 13,808,000.00 43,~~161~~018.5163 0.00 0.00 M-3 8,285,500.00 4.~~68000~~91750% 8,285,500.00 3332,~~390~~821.5751 0.00 0.00 N 14,000,000.00 5.50000% 65,~~920~~790,~~864~~475.6132 3126,~~720~~539.6368 0.00 0.00 OT 0.00 0.00000% 0.00 0.00 0.00 0.00 OC 5,523,789.25 0.00000% 5,523,437.16 0.00 0.00 0.00 Totals 1,394,859,289.25 3,~~901~~826,~~929~~211.5161 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-A 0.00 0.00 ~~708~~689,~~215~~382.9501 0.00 ~~309~~287,~~226~~597,~~582~~286.7184 II-A 0.00 0.00 ~~542~~534,~~078~~231.0702 0.00 ~~170~~165,~~047~~947,~~010~~858.4227 III-A 0.00 0.00 ~~434~~419,~~700~~176.1753 0.00 ~~115~~111,~~901~~288,~~344~~046.8792 IV-A-1 0.00 0.00 ~~240~~221,~~516~~673.1638 0.00 ~~109~~101,~~019~~046,~~692~~346.9219 IV-A-2 0.00 0.00 159,561.35 0.00 52,675,000.00 IV-A-3 0.00 0.00 367,897.83 0.00 97,028,000.00 IV-A-4 0.00 0.00 205,227.75 0.00 54,126,000.00 IV-A-5 0.00 0.00 232,080.33 0.00 61,208,000.00 IV-A-6 0.00 0.00 400,972.54 0.00 105,751,000.00 V-A 0.00 0.00 ~~394~~384,~~968~~536.9237 0.00 8381,~~898~~932,~~844~~348.7350 M-1 0.00 0.00 ~~107~~109,~~437~~092.7368 0.00 44,880,000.00 M-2 0.00 0.00 43,~~161~~018.5163 0.00 13,808,000.00 M-3 0.00 0.00 3332,~~390~~821.5751 0.00 8,285,500.00 N 0.00 0.00 3126,~~720~~539.6368 0.00 54,~~790~~671,~~475~~187.3277 OT 0.00 0.00 0.00 0.00 0.00 OC 0.00 0.00 0.00 0.00 5,523,437.16 Totals 0.00 0.00 3,~~901~~826,~~929~~211.5161 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-A 391,853,000.00 2.~~53000~~76750% ~~829~~789.~~58867397~~13925046 1.~~80735110~~75928731 0.00000000 0.00000000 II-A 179,968,000.00 3.77000% ~~958~~944.~~75235492~~87359097 32.~~01208031~~96847784 0.00000000 0.00000000 III-A 135,297,000.00 4.34000% ~~888~~856.~~36851290~~64386402 3.~~21293281~~09819530 0.00000000 0.00000000 IV-A-1 139,521,000.00 2.44000% ~~847~~781.~~80524452~~38554712 1.~~72387067~~58881731 0.00000000 0.00000000 IV-A-2 52,675,000.00 3.63500% 1000.00000000 3.02916659 0.00000000 0.00000000 IV-A-3 97,028,000.00 4.55000% 1000.00000000 3.79166663 0.00000000 0.00000000 IV-A-4 54,126,000.00 4.55000% 1000.00000000 3.79166667 0.00000000 0.00000000 IV-A-5 61,208,000.00 4.55000% 1000.00000000 3.79166661 0.00000000 0.00000000 IV-A-6 105,751,000.00 4.55000% 1000.00000000 3.79166665 0.00000000 0.00000000 V-A 90,935,000.00 5.50000% ~~947~~922.~~65532567~~62434409 4.~~34342025~~22869489 0.00000000 0.00000000 M-1 44,880,000.00 23.~~78000~~01750% 1000.00000000 2.~~39388881~~43076381 0.00000000 0.00000000 M-2 13,808,000.00 3.~~63000~~86750% 1000.00000000 3.~~12583357~~11548595 0.00000000 0.00000000 M-3 8,285,500.00 4.~~68000~~91750% 1000.00000000 43.~~03000060~~96131917 0.00000000 0.00000000 N 14,000,000.00 5.50000% ~~494~~413.~~34747214~~60538000 21.~~26575929~~89569143 0.00000000 0.00000000 OT 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 OC 5,523,789.25 0.00000% 999.93625934 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-A 0.00000000 0.00000000 1.~~80735110~~75928731 0.00000000 ~~789~~733.~~13925046~~94177623 II-A 0.00000000 0.00000000 32.~~01208031~~96847784 0.00000000 ~~944~~922.~~87359097~~09647421 III-A 0.00000000 0.00000000 3.~~21293281~~09819530 0.00000000 ~~856~~822.~~64386402~~54630125 IV-A-1 0.00000000 0.00000000 1.~~72387067~~58881731 0.00000000 ~~781~~724.~~38554712~~23754266 IV-A-2 0.00000000 0.00000000 3.02916659 0.00000000 1000.00000000 IV-A-3 0.00000000 0.00000000 3.79166663 0.00000000 1000.00000000 IV-A-4 0.00000000 0.00000000 3.79166667 0.00000000 1000.00000000 IV-A-5 0.00000000 0.00000000 3.79166661 0.00000000 1000.00000000 IV-A-6 0.00000000 0.00000000 3.79166665 0.00000000 1000.00000000 V-A 0.00000000 0.00000000 4.~~34342025~~22869489 0.00000000 ~~922~~900.~~62434409~~99904877 M-1 0.00000000 0.00000000 2.~~39388881~~43076381 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 3.~~12583357~~11548595 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 43.~~03000060~~96131917 0.00000000 1000.00000000 N 0.00000000 0.00000000 21.~~26575929~~89569143 0.00000000 ~~413~~333.~~60538000~~65626929 OT 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00000000 0.00000000 0.00000000 0.00000000 999.93625934 (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 3945,~~540~~537,~~763~~491.3958 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 4956,~~789~~624.8805 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 3945,~~590~~594,~~553~~115.2763 Withdrawals Reimbursement for Servicer Advances 4849,~~863~~789.7788 Payment of Service Fee ~~326~~317,~~024~~237.6264 Payment of Interest and Principal 3945,~~215~~227,~~664~~088.8811 Total Withdrawals (Pool Distribution Amount) 3945,~~590~~594,~~553~~115.2763 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~326~~317,~~024~~237.6264 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~326~~317,~~024~~237.6264

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance N_CLASS_RESERVE_FUND 25,~~081~~110.1580 0.00 2935.6546 25,~~110~~146.8026 CLASS_A_RESERVE_FUND 1,~~150~~438,~~716~~395.00 0.00 287,679.00 1,~~438~~726,~~395~~074.00

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 6 0 0 6 1999,~~001,644~~441.0847 0.00 0.00 1999,~~001,644~~441.0847 30 Days 1514 01 0 0 15 3,~~800~~270,~~106~~826.4281 0130,755.0090 0.00 0.00 3,~~800~~401,~~106~~582.4271 60 Days 32 0 07 0 39 ~~558~~721,~~080~~633.6310 0.00 01,927,033.0096 0.00 ~~558~~2,~~080~~648,667.6306 90 Days 20 0 41 0 61 ~~600,948~~0.4200 0.00 1112,~~203,397~~101.6950 0.00 1112,~~804,346~~101.1150 120 Days 40 0 25 0 65 ~~1,294,768~~0.8700 0.00 ~~524~~1,~~504~~512,839.3903 0.00 1,~~819~~512,~~273~~839.2603 150 Days 03 0 03 0 06 0651,113.0093 0.00 01,166,189.0060 0.00 01,817,303.0053 180+ Days 0 0 1 0 1 0.00 0.00 ~~494~~493,~~295~~571.7261 0.00 ~~494~~493,~~295~~571.7261 Totals 2419 6 7 17 0 3743 64,~~253~~643,~~904~~573.3484 1,~~001~~130,~~644~~197.0837 25,~~222~~211,~~197~~735.8070 0.00 910,~~477~~985,~~746~~506.2291 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.~~129310~~133274% 0.000000% 0.000000% 0.~~129310~~133274% 0.~~081343~~083909% 0.000000% 0.000000% 0.~~081343~~083909% 30 Days 0.~~323276~~310973% 0.~~000000~~022212% 0.000000% 0.000000% 0.~~323276~~333185% 0.~~308606~~274606% 0.~~000000~~010978% 0.000000% 0.000000% 0.~~308606~~285584% 60 Days 0.~~064655~~044425% 0.000000% 0.~~000000~~155486% 0.000000% 0.~~064655~~199911% 0.~~045322~~060586% 0.000000% 0.~~000000~~161787% 0.000000% 0.~~045322~~222372% 90 Days 0.~~043103~~000000% 0.000000% 0.~~086207~~022212% 0.000000% 0.~~129310~~022212% 0.~~048803~~000000% 0.000000% 0.~~097728~~009412% 0.000000% 0.~~146531~~009412% 120 Days 0.~~086207~~000000% 0.000000% 0.~~043103~~111062% 0.000000% 0.~~129310~~111062% 0.~~105148~~000000% 0.000000% 0.~~042595~~127012% 0.000000% 0.~~147743~~127012% 150 Days 0.~~000000~~066637% 0.000000% 0.~~000000~~066637% 0.000000% 0.~~000000~~133274% 0.~~000000~~054665% 0.000000% 0.~~000000~~097909% 0.000000% 0.~~000000~~152574% 180+ Days 0.000000% 0.000000% 0.~~021552~~022212% 0.000000% 0.~~021552~~022212% 0.000000% 0.000000% 0.~~040142~~041438% 0.000000% 0.~~040142~~041438% Totals 0.~~517241~~422035% 0.~~129310~~155486% 0.~~150862~~377610% 0.000000% 0.~~797414~~955131% 0.~~507878~~389857% 0.~~081343~~094887% 0.~~180464~~437558% 0.000000% 0.~~769686~~922302%

Delinquency Status By Groups

~~Delinquency Status By Groups~~ DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I 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 1 0 0 1 ~~135~~134,~~093~~966.1530 0.00 0.00 ~~135~~134,~~093~~966.1530 30 Days 28 0 0 0 28 ~~593~~2,~~954~~415,527.4083 0.00 0.00 0.00 ~~593~~2,~~954~~415,527.4083 60 Days 0 0 01 0 01 0.00 0.00 0195,741.0010 0.00 0195,741.0010 90 Days 0 0 20 0 20 0.00 0.00 ~~719,509~~0.7100 0.00 ~~719,509~~0.7100 120 Days 1 0 0 2 0 12 ~~108,512.94~~ 0.00 0.00 718,869.39 0.00 ~~108~~718,~~512~~869.9439 150 Days 01 0 0 0 01 0108,405.0044 0.00 0.00 0.00 0108,405.0044 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 39 1 23 0 613 ~~702~~2,~~467~~523,933.3427 ~~135~~134,~~093~~966.1530 ~~719~~914,~~509~~610.7149 0.00 13,~~557~~573,~~070~~510.2006 0-29 Days 0.~~081967~~087108% 0.000000% 0.000000% 0.~~081967~~087108% 0.~~040821~~043635% 0.000000% 0.000000% 0.~~040821~~043635% 30 Days 0.~~163934~~696864% 0.000000% 0.000000% 0.000000% 0.~~163934~~696864% 0.~~179476~~780942% 0.000000% 0.000000% 0.000000% 0.~~179476~~780942% 60 Days 0.000000% 0.000000% 0.~~000000~~087108% 0.000000% 0.~~000000~~087108% 0.000000% 0.000000% 0.~~000000~~063283% 0.000000% 0.~~000000~~063283% 90 Days 0.000000% 0.000000% 0.~~163934~~000000% 0.000000% 0.~~163934~~000000% 0.000000% 0.000000% 0.~~217415~~000000% 0.000000% 0.~~217415~~000000% 120 Days 0.~~081967~~000000% 0.000000% 0.~~000000~~174216% 0.000000% 0.~~081967~~174216% 0.~~032789~~000000% 0.000000% 0.~~000000~~232411% 0.000000% 0.~~032789~~232411% 150 Days 0.~~000000~~087108% 0.000000% 0.000000% 0.000000% 0.~~000000~~087108% 0.~~000000~~035048% 0.000000% 0.000000% 0.000000% 0.~~000000~~035048% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~245902~~783972% 0.~~081967~~087108% 0.~~163934~~261324% 0.000000% 01.~~491803~~132404% 0.~~212265~~815990% 0.~~040821~~043635% 0.~~217415~~295694% 0.000000% 01.~~470501~~155319% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group II No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 01 0 0 0 01 0132,023.0002 0.00 0.00 0.00 0132,023.0002 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 10 0 0 0 10 ~~642,946~~0.8200 0.00 0.00 0.00 ~~642,946~~0.8200 150 Days 0 0 01 0 01 0.00 0.00 0642,093.0022 0.00 0642,093.0022 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1 0 01 0 12 ~~642~~132,~~946~~023.8202 0.00 0642,093.0022 0.00 ~~642~~774,~~946~~116.8224 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~189036% 0.000000% 0.000000% 0.000000% 0.~~000000~~189036% 0.~~000000~~075047% 0.000000% 0.000000% 0.000000% 0.~~000000~~075047% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.~~185874~~000000% 0.000000% 0.000000% 0.000000% 0.~~185874~~000000% 0.~~357153~~000000% 0.000000% 0.000000% 0.000000% 0.~~357153~~000000% 150 Days 0.000000% 0.000000% 0.~~000000~~189036% 0.000000% 0.~~000000~~189036% 0.000000% 0.000000% 0.~~000000~~364990% 0.000000% 0.~~000000~~364990% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~185874~~189036% 0.000000% 0.~~000000~~189036% 0.000000% 0.~~185874~~378072% 0.~~357153~~075047% 0.000000% 0.~~000000~~364990% 0.000000% 0.~~357153~~440037% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group III 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 12 0 0 12 ~~111~~273,~~605~~310.6720 0.00 0.00 ~~111~~273,~~605~~310.6720 30 Days 3 0 0 0 3 ~~820~~565,~~506~~858.3807 0.00 0.00 0.00 ~~820~~565,~~506~~858.3807 60 Days 1 0 0 1 0 1 ~~112,219.34~~ 0.00 0.00 497,353.31 0.00 ~~112~~497,~~219~~353.3431 90 Days 10 0 1 0 21 ~~290,179~~0.8600 0.00 ~~214~~112,~~165~~101.5250 0.00 ~~504~~112,~~345~~101.3850 120 Days 20 0 1 0 31 ~~543,309~~0.1100 0.00 ~~470~~213,~~362~~939.8728 0.00 1213,~~013,671~~939.9828 150 Days 02 0 01 0 03 0542,708.0049 0.00 0469,998.0085 0.00 01,012,707.0034 180 Days 0 0 1 0 1 0.00 0.00 ~~494~~493,~~295~~571.7261 0.00 ~~494~~493,~~295~~571.7261 Totals 75 12 35 0 1112 1,~~766~~108,~~214~~566.6956 ~~111~~273,~~605~~310.6720 1,~~178~~786,~~824~~964.1155 0.00 3,~~056~~168,~~644~~841.4731 0-29 Days 0.~~173310~~359066% 0.000000% 0.000000% 0.~~173310~~359066% 0.~~090443~~230088% 0.000000% 0.000000% 0.~~090443~~230088% 30 Days 0.~~519931~~538600% 0.000000% 0.000000% 0.000000% 0.~~519931~~538600% 0.~~664925~~476372% 0.000000% 0.000000% 0.000000% 0.~~664925~~476372% 60 Days 0.~~173310~~000000% 0.000000% 0.~~000000~~179533% 0.000000% 0.~~173310~~179533% 0.~~090941~~000000% 0.000000% 0.~~000000~~418700% 0.000000% 0.~~090941~~418700% 90 Days 0.~~173310~~000000% 0.000000% 0.~~173310~~179533% 0.000000% 0.~~346620~~179533% 0.~~235157~~000000% 0.000000% 0.~~173556~~094373% 0.000000% 0.~~408713~~094373% 120 Days 0.~~346620~~000000% 0.000000% 0.~~173310~~179533% 0.000000% 0.~~519931~~179533% 0.~~440289~~000000% 0.000000% 0.~~381174~~180106% 0.000000% 0.~~821463~~180106% 150 Days 0.~~000000~~359066% 0.000000% 0.~~000000~~179533% 0.000000% 0.~~000000~~538600% 0.~~000000~~456883% 0.000000% 0.~~000000~~395672% 0.000000% 0.~~000000~~852555% 180 Days 0.000000% 0.000000% 0.~~173310~~179533% 0.000000% 0.~~173310~~179533% 0.000000% 0.000000% 0.~~400569~~415517% 0.000000% 0.~~400569~~415517% Totals 10.~~213172~~897666% 0.~~173310~~359066% 0.~~519931~~897666% 0.000000% 12.~~906412~~154399% 10.~~431312~~933254% 0.~~090443~~230088% 01.~~955300~~504368% 0.000000% 2.~~477055~~667711% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group IV 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 21 0 0 21 ~~411~~250,~~939~~465.3259 0.00 0.00 ~~411~~250,~~939~~465.3259 30 Days 80 0 0 0 80 ~~2,171,238~~0.1300 0.00 0.00 0.00 ~~2,171,238~~0.1300 60 Days 02 0 04 0 06 0721,633.0010 0.00 01,127,420.0061 0.00 01,849,053.0071 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 8 2 01 4 0 107 2721,~~171,238~~633.1310 ~~411~~250,~~939~~465.3259 01,127,420.0061 0.00 2,~~583~~099,~~177~~519.4530 0-29 Days 0.~~113058~~057405% 0.000000% 0.000000% 0.~~113058~~057405% 0.~~081077~~050082% 0.000000% 0.000000% 0.~~081077~~050082% 30 Days 0.~~452233~~000000% 0.000000% 0.000000% 0.000000% 0.~~452233~~000000% 0.~~427339~~000000% 0.000000% 0.000000% 0.000000% 0.~~427339~~000000% 60 Days 0.~~000000~~114811% 0.000000% 0.~~000000~~229621% 0.000000% 0.~~000000~~344432% 0.~~000000~~144295% 0.000000% 0.~~000000~~225435% 0.000000% 0.~~000000~~369729% 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.~~452233~~114811% 0.~~113058~~057405% 0.~~000000~~229621% 0.000000% 0.~~565291~~401837% 0.~~427339~~144295% 0.~~081077~~050082% 0.~~000000~~225435% 0.000000% 0.~~508416~~419812% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group V 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 2 0 0 2 ~~343~~340,~~005~~699.9438 0.00 0.00 ~~343~~340,~~005~~699.9438 30 Days 2 01 0 0 23 ~~214~~157,~~407~~417.5189 0130,755.0090 0.00 0.00 ~~214~~288,~~407~~173.5179 60 Days 2 0 0 1 0 21 ~~445,861.29~~ 0.00 0.00 106,518.94 0.00 ~~445~~106,~~861~~518.2994 90 Days 10 0 10 0 20 ~~310,768~~0.5600 0.00 ~~269,722~~0.4600 0.00 ~~580,491~~0.0200 120 Days 0 0 12 0 12 0.00 0.00 54580,~~141~~030.5236 0.00 54580,~~141~~030.5236 150 Days 0 0 01 0 01 0.00 0.00 054,097.0053 0.00 054,097.0053 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 5 2 23 4 0 9 ~~971~~157,~~037~~417.3689 ~~343~~471,~~005~~455.9428 ~~323~~740,~~863~~646.9883 0.00 1,~~637~~369,~~907~~520.2800 0-29 Days 0.~~373134~~380228% 0.000000% 0.000000% 0.~~373134~~380228% 0.~~385668~~391736% 0.000000% 0.000000% 0.~~385668~~391736% 30 Days 0.~~373134~~380228% 0.~~000000~~190114% 0.000000% 0.000000% 0.~~373134~~570342% 0.~~241075~~180999% 0.~~000000~~150343% 0.000000% 0.000000% 0.~~241075~~331342% 60 Days 0.~~373134~~000000% 0.000000% 0.~~000000~~190114% 0.000000% 0.~~373134~~190114% 0.~~501316~~000000% 0.000000% 0.~~000000~~122475% 0.000000% 0.~~501316~~122475% 90 Days 0.~~186567~~000000% 0.000000% 0.~~186567~~000000% 0.000000% 0.~~373134~~000000% 0.~~349421~~000000% 0.000000% 0.~~303270~~000000% 0.000000% 0.~~652690~~000000% 120 Days 0.000000% 0.000000% 0.~~186567~~380228% 0.000000% 0.~~186567~~380228% 0.000000% 0.000000% 0.~~060875~~666918% 0.000000% 0.~~060875~~666918% 150 Days 0.000000% 0.000000% 0.~~000000~~190114% 0.000000% 0.~~000000~~190114% 0.000000% 0.000000% 0.~~000000~~062201% 0.000000% 0.~~000000~~062201% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~932836~~380228% 0.~~373134~~570342% 0.~~373134~~760456% 0.000000% 1.~~679104~~711027% 10.~~091811~~180999% 0.~~385668~~542079% 0.~~364145~~851595% 0.000000% 1.~~841624~~574673%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 4956,~~789~~624.8805

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.~~080757~~128629% Weighted Average Net Coupon 4.~~771622~~819476% Weighted Average Pass-Through Rate 4.~~771622~~819476% Weighted Average Maturity(Stepdown Calculation ) ~~352~~351 Beginning Scheduled Collateral Loan Count 4,~~758~~640 Number Of Loans Paid In Full ~~118~~138 Ending Scheduled Collateral Loan Count 4,~~640~~502 Beginning Scheduled Collateral Balance 1,~~265~~231,~~561~~378,~~758~~412.8780 Ending Scheduled Collateral Balance 1,~~231~~191,~~378~~096,~~412~~823.8087 Ending Actual Collateral Balance at 3031-~~Nov~~Dec-2004 1,~~231~~191,~~378~~096,~~412~~823.8087 Monthly P &I Constant 65,~~018~~903,~~146~~136.6696 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~659~~640,~~803~~400.6678 Unscheduled Principal 3339,~~523~~641,~~542~~188.4115 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 5,523,437.16 Overcollateralized Amount 5,523,437.16 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 1,~~163~~145,~~536~~827.0322

Group Level Collateral Statement Group Group I Group II Group III Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 4.~~735912~~932937 4.~~305932~~307724 5.~~736235~~734636 Weighted Average Net Rate 4.~~410063~~606628 4.~~013260~~014758 5.~~393560~~391512 Weighted Average Maturity ~~353~~ 352 ~~354~~351 353 Beginning Loan Count 1,~~267~~220 ~~544~~538 ~~597~~577 Loans Paid In Full 4772 69 20 Ending Loan Count 1,~~220~~148 ~~538~~529 ~~577~~557 Beginning Scheduled Balance ~~346~~330,~~788~~938,~~990~~762.3439 ~~182~~180,~~517~~019,~~519~~785.1677 ~~127~~123,~~690~~398,~~582~~332.6886 Ending scheduled Balance ~~330~~309,~~938~~309,~~762~~466.3952 ~~180~~175,~~019~~920,~~785~~633.7762 ~~123~~118,~~398~~785,~~332~~034.8691 Record Date 1112/3031/2004 1112/3031/2004 1112/3031/2004 Principal And Interest Constant 1,~~500~~481,~~843~~288.0192 ~~719~~709,~~122~~683.0147 ~~716~~693,~~293~~055.0925 Scheduled Principal ~~132~~120,~~207~~872.8530 6463,~~198~~453.5887 ~~105~~103,~~907~~351.1553 Unscheduled Principal 1521,~~718~~508,~~020~~423.1057 24,~~433~~035,~~534~~698.8128 4,~~186~~509,~~342~~946.6742 Scheduled Interest 1,~~368~~360,~~635~~416.1662 ~~654~~646,~~923~~229.4360 ~~610~~589,~~385~~703.9472 Servicing Fees 9489,~~167~~990.5127 4443,~~514~~949.9265 3635,~~463~~284.5910 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 1,~~274~~270,~~467~~426.6535 ~~610~~602,~~408~~279.5195 ~~573~~554,~~922~~419.3562 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 4.~~410063~~606628 4.~~013260~~014758 5.~~393560~~391512

Group Level Collateral Statement Group Group IV Group V Total Collateral Description Mixed ARM Mixed Fixed Mixed ARM Weighted Average Coupon Rate 5.~~128863~~117696 6.~~751777~~740042 5.~~080757~~128629 Weighted Average Net Rate 4.~~822976~~811877 6.~~501777~~490042 4.~~771622~~819476 Weighted Average Maturity ~~353~~352 ~~334~~333 ~~352~~351 Beginning Loan Count 1,~~802~~769 ~~548~~536 4,~~758~~640 Loans Paid In Full 3327 1210 ~~118~~138 Ending Loan Count 1,~~769~~742 ~~536~~526 4,~~640~~502 Beginning Scheduled Balance ~~517~~508,~~350~~083,~~275~~333.6707 9188,~~214~~938,~~391~~198.0271 1,~~265~~231,~~561~~378,~~758~~412.8780 Ending scheduled Balance ~~508~~500,~~083~~109,~~333~~986.0734 8886,~~938~~971,~~198~~702.7148 1,~~231~~191,~~378~~096,~~412~~823.8087 Record Date 1112/3031/2004 1112/3031/2004 1112/3031/2004 Principal And Interest Constant 2,~~466~~418,~~552~~836.3042 ~~615~~600,~~336~~272.2590 65,~~018~~903,~~146~~136.6696 Scheduled Principal ~~255~~251,~~369~~989.8951 ~~102~~100,~~120~~733.1957 ~~659~~640,~~803~~400.6678 Unscheduled Principal 97,~~011~~721,~~572~~357.7122 21,~~174~~865,~~072~~762.1266 3339,~~523~~641,~~542~~188.4115 Scheduled Interest 2,~~211~~166,~~182~~846.4191 ~~513~~499,~~216~~539.0633 5,~~358~~262,~~343~~736.0018 Servicing Fees ~~131~~129,~~875~~484.6083 1918,~~003~~528.0079 ~~326~~317,~~024~~237.6264 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,~~079~~037,~~306~~362.8108 ~~494~~481,~~213~~010.0654 54,~~032~~945,~~318~~498.3854 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 4.~~822976~~811877 6.~~501777~~490042 4.~~771622~~819476

Filing Compare · AMERICAN HOME MORTGAGE INVESTMENT TRUST 2004-2