8-K 1 bv042_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 BVMBS (Depositor) (Issuer in respect of Mortgage Pass-Through Certificates, Series 2004-2) (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 BVMBS By: /s/ AnnMarie Cassano ------------------------------ Name: AnnMarie Cassano Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated January 25, 2005 Payment Date: 01/25/05 ------------------------------------------------------------ BELLA VISTA MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2004-2 ------------------------------------------------------------

~~UNITED~~Class ~~STATES~~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 A1 317,966,000.00 2.780000% 1,330,127.62 957,607.60 2,287,735.22 0.00 0.00 A2 39,569,000.00 2.760000% 165,526.56 118,311.31 283,837.87 0.00 0.00 A3 9,892,000.00 2.900000% 41,380.60 31,077.37 72,457.96 0.00 0.00 A4 91,857,000.00 2.900000% 384,259.74 288,584.08 672,843.82 0.00 0.00 X 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 Residual AR 100.00 0.000000% 100.00 0.25 100.25 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate M 9,840,000.00 3.010000% 12,154.26 32,086.60 44,240.86 0.00 0.00 B1 7,872,000.00 3.510000% 9,723.41 29,933.28 39,656.69 0.00 0.00 B2 5,658,000.00 3.660000% 6,988.70 22,433.97 29,422.67 0.00 0.00 B3 4,920,000.00 3.660000% 6,077.13 19,507.80 25,584.93 0.00 0.00 B4 2,706,000.00 3.660000% 3,342.42 10,729.29 14,071.71 0.00 0.00 B5 1,722,779.08 3.660000% 2,127.96 6,830.82 8,958.78 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 492,002,879.08 - 1,961,808.39 1,517,102.36 3,478,910.75 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 316,635,872.38 0.00 A2 39,403,473.44 0.00 A3 9,850,619.40 0.00 A4 91,472,740.26 0.00 X -0.00 0.00 Residual AR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate M 9,827,845.74 0.00 B1 7,862,276.59 0.00 B2 5,651,011.30 0.00 B3 4,913,922.87 0.00 B4 2,702,657.58 0.00 B5 1,720,651.12 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - 490,041,070.69 - --------------------------------------------------------------------------------

Payment Date: 01/25/05 ------------------------------------------------------------ BELLA VISTA MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2004-2 ------------------------------------------------------------

~~SECURITIES~~Class ~~AND~~Information ~~EXCHANGE~~Current ~~COMMISSION~~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 A1 317,966,000.00 2.780000% 07820QAY1 4.183239 3.011667 995.816761 A2 39,569,000.00 2.760000% 07820QAZ8 4.183239 2.990000 995.816761 A3 9,892,000.00 2.900000% 07820QBJ3 4.183239 3.141667 995.816761 A4 91,857,000.00 2.900000% 07820QBK0 4.183239 3.141667 995.816761 X 0.00 0.000000% 07820QBA2 0.000000 0.000000 0.000000 Residual AR 100.00 0.000000% 07820QBH7 1,000.000000 2.504404 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate M 9,840,000.00 3.010000% 07820QBB0 1.235189 3.260833 998.764811 B1 7,872,000.00 3.510000% 07820QBC8 1.235189 3.802500 998.764811 B2 5,658,000.00 3.660000% 07820QBD6 1.235189 3.965000 998.764811 B3 4,920,000.00 3.660000% 07820QBE4 1.235189 3.965000 998.764811 B4 2,706,000.00 3.660000% 07820QBF1 1.235189 3.965000 998.764811 B5 1,722,779.08 3.660000% 07820QBG9 1.235189 3.965000 998.764811 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - 492,002,879.08 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ BELLA VISTA MORTGAGE TRUST Mortgage Pass-Through Certificates, Series 2004-2 ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 490,041,070.69 490,041,070.69 Loan count 1540 1540 Avg loan rate 2.813274% 2.81 Prepay amount 1,496,008.01 1,496,008.01 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 152,262.26 152,262.26 Sub servicer fees 0.00 0.00 Trustee fees 3,690.02 3,690.02 Agg advances N/A N/A Adv this period 19,160.82 19,160.82 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 Cumulative losses 0.00 0.00 Coverage Amounts Total ---------------- ----- Bankruptcy 0.00 0.00 Fraud 9,840,057.58 9,840,057.58 Special Hazard 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 93.357549% 100.000000% 459,284,100.00 ----------------------------------------------------------------------------- Junior 6.642451% 0.000000% 32,678,365.21 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 22 5,823,653.96 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 22 5,823,653.96 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 3,478,910.75 3,478,910.75 Principal remittance amount 1,961,808.39 1,961,808.39 Interest remittance amount 1,517,102.36 1,517,102.36

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 17, 2004

BellaVista Funding Corporation

as Depositor under a

Pooling and Servicing Agreement

dated as of December 1, 2004

providing for the creation of

BELLAVISTA MORTGAGE TRUST 2004-2

(Exact name of registrant as specified in its charter)

Delaware		333-117593-03		20-1372869
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

1299 OCEAN AVENUE, SUITE 240

SANTA MONICA, CALIFORNIA 90401

(Address of principal executive offices and (Zip Code)

Registrant’s telephone number, including area code: (310) 255-4443

(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:

¨ 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 9 FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01. Financial Statements and Exhibits.

(a) Financial Statements

Not applicable

(b) Pro Forma Financial Information

Not applicable

99.1 Pooling and Servicing Agreement, dated as of December 1, 2004, among BellaVista Funding Corporation, Countrywide Home Loans Servicing LP, and The Bank of New York in connection with the BellaVista Mortgage Pass-Through Certificates, Series 2004-2.

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 hereunto duly authorized.

BellaVista Funding Corporation By: /s/ Russell Thompson Russell Thompson Chief Financial Officer (Authorized Officer)

Date: December 30, 2004

EXHIBIT INDEX

Exhibit 99.1 Pooling and Servicing Agreement, dated as of December 1, 2004, among BellaVista Funding Corporation, Countrywide Home Loans Servicing LP, and The Bank of New York in connection with the BellaVista Mortgage Pass-Through Certificates, Series 2004-2.

Filing Compare · BellaVista Mortgage Trust 2004-2