8-K 1 cwa0403_8k0405.txt 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): May 25, 2004 CWA (Depositor) (Issuer in respect of Asset Backed Certificates, Series 2004-03) (Exact name of registrant as specified in charter) Delaware 33-63714 95-4449516 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) , , N/A 91110-7137 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (818)-304-4428 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Item 5. Other Events CWA Asset Backed Certificates Series 2004-03 On May 25, 2004, The Bank of New York, as Trustee for CWA, Asset Backed Certificates Series 2004-03, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of March 1, 2004, among CWA as Depositor, Countrywide Home Loans Servicing LP, Seller and Master Servicer and The Bank of New York, as Trustee. Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 99 Report to Holders of CWA, Asset Backed Certificates Series 2004-03 relating to the distribution date of May 25, 2004 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of March 1, 2004. SIGNATURES 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 thereunto duly authorized. Dated: May 25, 2004 CWA By: /s/ Courtney Bartholomew ------------------------------ Name: Courtney Bartholomew Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated May 25, 2004 Payment Date: 05/25/04 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2004-03 ------------------------------------------------------------

Payment Date: 05/25/04 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2004-03 ------------------------------------------------------------

------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2004-03 ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 838,265,727.94 453,024,456.89 680,882,855.65 Loan count 5195 2423 3572 Avg loan rate 7.123794% 7.165520% 7.161353% Prepay amount 5,877,494.52 3,386,119.12 5,412,498.81 Total ----- Prin balance 1,972,173,040.48 Loan count 11190 Avg loan rate 7.15 Prepay amount 14,676,112.45 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 350,332.33 188,503.33 283,220.21 Sub servicer fees 17,914.10 20,249.81 29,350.70 Trustee fees 6,336.58 3,426.01 5,151.47 Agg advances N/A N/A N/A Adv this period 8,036.26 15,033.05 14,927.19 Total ----- Master serv fees 822,055.87 Sub servicer fees 67,514.61 Trustee fees 14,914.06 Agg advances N/A Adv this period 37,996.50 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Total ----- Realized losses 0.00 Cumulative losses 0.00 Coverage Amounts ---------------- Bankruptcy 0.00 0.00 0.00 Fraud 17,000,002.00 9,200,000.00 13,800,000.00 Special Hazard 0.00 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 40,000,002.00 Special Hazard 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 86.249332% 100.000000% 1,693,540,902.45 ----------------------------------------------------------------------------- Junior 13.750668% 0.000000% 270,000,000.00 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 26 4,944,046.27 60 to 89 days 2 302,932.58 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 28 5,246,978.85 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- REO INFORMATION -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 0.00 Current Total Outstanding Number of Loans: 0 -------------------------------------------------------------------------------- OTHER INFORMATION -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 27,451,910.99 27,451,910.99 Principal remittance amount 16,367,763.22 16,367,763.22 Interest remittance amount 11,084,147.77 11,084,147.77

CWABS INC ASSET-BACKED CERTIFICATES SERIES 2004-3 8-K