8-K 1 cwa0403_8k0501.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): January 25, 2005 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) 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. []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)) Section 8 - Other Events Item 8.01 Other Events Section 9 - Financial Statements and Exhibits Item 9.01 Financial Statements and Exhibits 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: January 25, 2005 CWA By: /s/ Maria Tokarz ------------------------------ Name: Maria Tokarz Assistant Treasurer The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated January 25, 2005 Payment Date: 01/25/05 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2004-03 ------------------------------------------------------------

Class Information Current Payment Information ---------------------------------------------------------------------------------------------------------------------------------- Beginning Pass Thru Principal Interest Total Principal Interest Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls ---------------------------------------------------------------------------------------------------------------------------------- Senior 1A ~~581~~550,~~553~~578,~~438~~119.3124 2.~~390000~~627500% 3027,~~975~~436,~~319~~433.0757 1,~~196~~165,~~869~~352.2812 3228,~~172~~601,~~188~~785.3669 0.00 0.00 2A ~~309~~294,~~956~~143,~~270~~828.1463 2.~~380000~~617500% 1514,~~812~~165,~~441~~244.5152 ~~635~~620,~~238~~214.1652 1614,~~447~~785,~~679~~459.6604 0.00 0.00 3A1 ~~127~~99,~~315~~790,~~810~~411.6215 2.~~270000~~507500% 2720,~~525~~789,~~399~~718.4792 ~~248~~201,~~867~~569.0470 2720,~~774~~991,~~266~~288.5162 0.00 0.00 3A2 150,000,000.00 2.~~380000~~617500% 0.00 ~~307~~316,~~416~~281.6725 ~~307~~316,~~416~~281.6725 0.00 0.00 3A3 34,278,000.00 2.~~560000~~797500% 0.00 7577,~~563~~246.9590 7577,~~563~~246.9590 0.00 0.00 3A4 153,209,000.00 2.~~430000~~667500% 0.00 ~~320~~329,~~589~~218.8348 ~~320~~329,~~589~~218.8348 0.00 0.00 A 5350,~~756~~810,~~285~~947.5709 2.~~620000~~857500% 2,~~945~~472,~~338~~829.4861 ~~121~~116,~~280~~960.1545 32,~~066~~589,~~618~~790.6306 0.00 0.00 C 1,~~705~~627,~~068~~810,~~805~~307.8936 0.000000% 0.00 54,~~365~~919,~~693~~466.8349 54,~~365~~919,~~693~~466.8349 0.00 0.00 P 100.00 0.000000% 0.00 1,~~273~~020,~~059~~038.0919 1,~~273~~020,~~059~~038.0919 0.00 0.00 Residual AR 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate M1 55,000,000.00 2.~~680000~~917500% 0.00 ~~126~~129,~~927~~261.7846 ~~126~~129,~~927~~261.7846 0.00 0.00 M2 40,000,000.00 2.~~730000~~967500% 0.00 9495,~~033~~619.3344 9495,~~033~~619.3344 0.00 0.00 M3 35,000,000.00 3.~~050000~~287500% 0.00 9192,~~923~~689.6124 9192,~~923~~689.6124 0.00 0.00 M4 30,000,000.00 3.~~150000~~387500% 0.00 81,~~375~~864.0058 81,~~375~~864.0058 0.00 0.00 M5 30,000,000.00 3.~~480000~~717500% 0.00 89,~~900~~839.0058 89,~~900~~839.0058 0.00 0.00 M6 30,000,000.00 34.~~980000~~217500% 0.00 ~~102~~101,~~816~~922.6792 ~~102~~101,~~816~~922.6792 0.00 0.00 M7 25,000,000.00 4.~~330000~~567500% 0.00 9391,~~215~~984.2838 9391,~~215~~984.2838 0.00 0.00 B 25,000,000.00 5.~~180000~~417500% 0.00 ~~111~~109,~~513~~102.8943 ~~111~~109,~~513~~102.8943 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 1,~~680~~602,~~068~~810,~~904~~406.6411 - 7764,~~258~~864,~~498~~226.5362 109,~~336~~558,~~283~~632.5613 8774,~~594~~422,~~782~~858.0975 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1A ~~550~~523,~~578~~141,~~119~~685.2467 0.00 2A ~~294~~279,~~143~~978,~~828~~584.6311 0.00 3A1 9979,~~790~~000,~~411~~692.1523 0.00 3A2 150,000,000.00 0.00 3A3 34,278,000.00 0.00 3A4 153,209,000.00 0.00 A 5048,~~810~~338,~~947~~117.0948 0.00 C 1,~~627~~562,~~810~~946,~~307~~080.3674 0.00 P 100.00 0.00 Residual AR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate M1 55,000,000.00 0.00 M2 40,000,000.00 0.00 M3 35,000,000.00 0.00 M4 30,000,000.00 0.00 M5 30,000,000.00 0.00 M6 30,000,000.00 0.00 M7 25,000,000.00 0.00 B 25,000,000.00 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - 1,~~602~~537,~~810~~946,~~406~~179.1149 - --------------------------------------------------------------------------------

Payment Date: 01/25/05 ------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2004-03 ------------------------------------------------------------

Class Information Current Payment Information Factors per $1,000 ------------------------------------------------------------------------------------------------------------------------ Beginning Pass Thru CUSIP Principal Interest Ending Cert./ Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal. ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Senior 1A ~~581~~550,~~553~~578,~~438~~119.3124 2.~~390000~~627500% 1266714L7 4439.~~440917~~363606 1.~~717173~~671954 ~~789~~750.~~925566~~561959 2A ~~309~~294,~~956~~143,~~270~~828.1463 2.~~380000~~617500% 1266714M5 4137.~~920577~~553671 1.~~684088~~644259 ~~779~~742.~~808666~~254995 3A1 ~~127~~99,~~315~~790,~~810~~411.6215 2.~~270000~~507500% 1266714N3 ~~120~~91.~~559931~~057973 10.~~090026~~882866 ~~437~~346.~~077219~~019247 3A2 150,000,000.00 2.~~380000~~617500% 1266714P8 0.000000 2.~~049444~~108542 1,000.000000 3A3 34,278,000.00 2.~~560000~~797500% 1266714Q6 0.000000 2.~~204444~~253542 1,000.000000 3A4 153,209,000.00 2.~~430000~~667500% 1266714R4 0.000000 2.~~092500~~148819 1,000.000000 A 5350,~~756~~810,~~285~~947.5709 2.~~620000~~857500% 1266714S2 4538.~~312900~~043532 1.~~865849~~799392 ~~781~~743.~~706878~~663346 C 1,~~705~~627,~~068~~810,~~805~~307.8936 0.000000% 1266715B8 0.000000 2.~~682847~~459733 ~~813~~781.~~905113~~473001 P 100.00 0.000000% 1266715C6 0.000000 1210,~~730~~200,~~590~~381.900000 1,000.000000 Residual AR 0.00 0.000000% 1266715D4 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate M1 55,000,000.00 2.~~680000~~917500% 1266714T0 0.000000 2.~~307778~~350208 1,000.000000 M2 40,000,000.00 2.~~730000~~967500% 1266714U7 0.000000 2.~~350833~~390486 1,000.000000 M3 35,000,000.00 3.~~050000~~287500% 1266714V5 0.000000 2.~~626389~~648264 1,000.000000 M4 30,000,000.00 3.~~150000~~387500% 1266714W3 0.000000 2.~~712500~~728819 1,000.000000 M5 30,000,000.00 3.~~480000~~717500% 1266714X1 0.000000 2.~~996667~~994653 1,000.000000 M6 30,000,000.00 34.~~980000~~217500% 1266714Y9 0.000000 3.~~427222~~397431 1,000.000000 M7 25,000,000.00 4.~~330000~~567500% 1266714Z6 0.000000 3.~~728611~~679375 1,000.000000 B 25,000,000.00 5.~~180000~~417500% 1266715A0 0.000000 4.~~460556~~364097 1,000.000000 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - 1,~~680~~602,~~068~~810,~~904~~406.6411 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ Countrywide Home Loans Servicing LP Asset Backed Certificates, Series 2004-03 ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 669,313,787.57 358,749,131.36 534,883,161.81 Loan count 4287 2002 2904 Avg loan rate 7.109001% 7.132826% 7.111394% Prepay amount 27,340,048.85 14,050,913.18 20,770,175.71 Total ----- Prin balance 1,562,946,080.74 Loan count 9193 Avg loan rate 7.12 Prepay amount 62,161,137.74 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 269,099.40 142,099.99 217,496.38 Sub servicer fees 0.00 0.00 0.00 Trustee fees 5,234.08 2,801.18 4,173.32 Agg advances N/A N/A N/A Adv this period 292,946.83 174,528.25 201,312.15 Total ----- Master serv fees 628,695.77 Sub servicer fees 0.00 Trustee fees 12,208.58 Agg advances N/A Adv this period 668,787.23 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Realized losses 229,497.60 112,517.35 90,446.96 Cumulative losses 270,121.23 340,555.68 160,655.98 Total ----- Realized losses 432,461.91 Cumulative losses 771,332.89 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 83.154589% 100.000000% 1,332,810,406.11 ----------------------------------------------------------------------------- Junior 16.845411% 0.000000% 270,000,000.00 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 270 43,445,072.85 60 to 89 days 54 8,613,754.94 90 or more 26 3,849,907.28 Foreclosure 188 29,000,670.84 Totals: 538 84,909,405.91 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 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: 2,517,817.09 Current Total Outstanding Number of Loans: 15 -------------------------------------------------------------------------------- OTHER INFORMATION -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 74,422,858.75 74,422,858.75 Principal remittance amount 64,864,226.62 64,864,226.62 Interest remittance amount 9,558,632.13 9,558,632.13

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