<PAGE>

                                  EXHIBIT 99.3

<PAGE>
                                                                     Page 1 of 5

                       Client Distribution History Report
                  Date Range - From: 01/01/2003 to: 12/31/2004

Payable Date      August 25, 2004

Client    27935   Equity One Mortgage Pass-Through Certificates Series 2004-3

<TABLE>
<CAPTION>
Pool Number                    Beginning                                                      Interest
Series        Cusip No.        Prin Bal      Principal Paid   Interest Paid   Total Distrib   Adjustment
-----------   --------------   -----------   --------------   -------------   -------------   ----------
<S>           <C>              <C>            <C>              <C>            <C>                   <C>
af1           294751ER9          149220000       4321063.51       217916.29       4538979.8
af2           294751ES7           37640000                0       119193.33       119193.33
af3           264751ET5           45490000                0       161679.04       161679.04
af4           294751EU2           43000000                0          182750          182750
af5           294751EV0           17629000                0        83737.75        83737.75
af6           294751EW8           20700000                0           87285           87285
av1           294751EX6          179385000       3618364.24       288278.12      3906642.36
av2           264751EY4           34668000       1498170.73         56348.3      1554519.03
b1            294751FD9            8080000                0        23576.38        23576.38
b2            294751FE7            6790000                0        24480.46        24480.46
b3            294751FF4            7110000                0        32151.67        32151.67
m1            294751EZ1           41040000                0          194940          194940
m2            294751FA5           34580000                0          164255          164255
m3            294751FB3           10340000                0           49115           49115
m4            294751FC1            8730000                0         41467.5         41467.5
r             N/A                        0                0               0               0
x             N/A              646347251.2       7818055.16            2.32      7818057.48

              PAYABLE TOTALS                  17,255,653.64    1,727,176.16    18,982,829.80         0.00
              GRAND TOTALS                    17,255,653.64    1,727,176.16    18,982,829.80         0.00

<CAPTION>
Pool Number   Net Interest
Series        Distribution     Other   Ending Prin Bal    Int @Mtg Rate   Servicer Fee
-----------   --------------   -----   ----------------   -------------   ------------
<S>             <C>             <C>    <C>                         <C>            <C>
af1                217916.29       0        144898936.5               0              0
af2                119193.33       0           37640000               0              0
af3                161679.04       0           45490000               0              0
af4                   182750       0           43000000               0              0
af5                 83737.75       0           17629000               0              0
af6                    87285       0           20700000               0              0
av1                288278.12       0        175766635.8               0              0
av2                  56348.3       0        33169829.27               0              0
b1                  23576.38       0            8080000               0              0
b2                  24480.46       0            6790000               0              0
b3                  32151.67       0            7110000               0              0
m1                    194940       0           41040000               0              0
m2                    164255       0           34580000               0              0
m3                     49115       0           10340000               0              0
m4                   41467.5       0            8730000               0              0
r                          0       0                  0               0              0
x                       2.32       0          638529196               0              0

                1,727,176.16    0.00   1,273,493,597.55            0.00           0.00
                1,727,176.16    0.00   1,273,493,597.55            0.00           0.00
</TABLE>

<PAGE>
                                                                     Page 2 of 5

                       Client Distribution History Report
                  Date Range - From: 01/01/2003 to: 12/31/2004

Payable Date      September 27, 2004

Client    27935   Equity One Mortgage Pass-Through Certificates Series 2004-3

<TABLE>
<CAPTION>
Pool Number                    Beginning                                                      Interest
Series        Cusip No.        Prin Bal      Principal Paid   Interest Paid   Total Distrib   Adjustment
-----------   --------------   -----------   --------------   -------------   -------------   ----------
<S>           <C>              <C>            <C>              <C>            <C>                   <C>
af1           294751ER9        144898936.5        3383055.3       235762.64      3618817.94
af2           294751ES7           37640000                0       119193.33       119193.33
af3           264751ET5           45490000                0       161679.04       161679.04
af4           294751EU2           43000000                0          182750          182750
af5           294751EV0           17629000                0        83737.75        83737.75
af6           294751EW8           20700000                0           87285           87285
av1           294751EX6        175766635.8       4396861.98       311766.07      4708628.05
av2           264751EY4        33169829.27        873427.25         59443.1       932870.35
b1            294751FD9            8080000                0        24923.43        24923.43
b2            294751FE7            6790000                0        25612.45        25612.45
b3            294751FF4            7110000                0        33337.01        33337.01
m1            294751EZ1           41040000                0          194940          194940
m2            294751FA5           34580000                0          164255          164255
m3            294751FB3           10340000                0           49115           49115
m4            294751FC1            8730000                0         41467.5         41467.5
r             N/A                        0                0               0               0
x             N/A                638529196       7123977.92            8.95      7123986.87

              PAYABLE TOTALS                  15,777,322.45    1,775,276.27   17,552,598.72         0.00
              GRAND TOTALS                    15,777,322.45    1,775,276.27   17,552,598.72         0.00

<CAPTION>
Pool Number   Net Interest
Series        Distribution     Other   Ending Prin Bal    Int @Mtg Rate   Servicer Fee
-----------   --------------   -----   ----------------   -------------   ------------
<S>             <C>             <C>    <C>                         <C>            <C>
af1                235762.64       0        141515881.2               0              0
af2                119193.33       0           37640000               0              0
af3                161679.04       0           45490000               0              0
af4                   182750       0           43000000               0              0
af5                 83737.75       0           17629000               0              0
af6                    87285       0           20700000               0              0
av1                311766.07       0        171369773.8               0              0
av2                  59443.1       0        32296402.02               0              0
b1                  24923.43       0            8080000               0              0
b2                  25612.45       0            6790000               0              0
b3                  33337.01       0            7110000               0              0
m1                    194940       0           41040000               0              0
m2                    164255       0           34580000               0              0
m3                     49115       0           10340000               0              0
m4                   41467.5       0            8730000               0              0
r                          0       0                  0               0              0
x                       8.95       0        631405218.1               0              0

                1,775,276.27    0.00   1,257,716,275.10            0.00           0.00
                1,775,276.27    0.00   1,257,716,275.10            0.00           0.00
</TABLE>

<PAGE>
                                                                     Page 3 of 5

                       Client Distribution History Report
                  Date Range - From: 01/01/2003 to: 12/31/2004

Payable Date      October 25, 2004

Client    27935   Equity One Mortgage Pass-Through Certificates Series 2004-3

<TABLE>
<CAPTION>
Pool Number                    Beginning                                                      Interest
Series        Cusip No.        Prin Bal      Principal Paid   Interest Paid   Total Distrib   Adjustment
-----------   --------------   -----------   --------------   -------------   -------------   ----------
<S>           <C>              <C>            <C>              <C>            <C>                   <C>
af1           294751ER9        141515881.2          4359356       220135.82      4579491.82
af2           294751ES7           37640000                0       119193.33       119193.33
af3           264751ET5           45490000                0       161679.04       161679.04
af4           294751EU2           43000000                0          182750          182750
af5           294751EV0           17629000                0        83737.75        83737.75
af6           294751EW8           20700000                0           87285           87285
av1           294751EX6        171369773.8       2654121.88       287901.22       2942023.1
av2           264751EY4        32296402.02       1259788.54        54760.34      1314548.88
b1            294751FD9            8080000                0        22561.16        22561.16
b2            294751FE7            6790000                0        22920.02        22920.02
b3            294751FF4            7110000                0         29530.2         29530.2
m1            294751EZ1           41040000                0          194940          194940
m2            294751FA5           34580000                0          164255          164255
m3            294751FB3           10340000                0           49115           49115
m4            294751FC1            8730000                0         41467.5         41467.5
r             N/A                        0                0               0               0
x             N/A              631405218.1        6727081.7            9.88      6727091.58

              PAYABLE TOTALS                  15,000,348.12    1,722,241.26   16,722,589.38         0.00
              GRAND TOTALS                    15,000,348.12    1,722,241.26   16,722,589.38         0.00

<CAPTION>
Pool Number   Net Interest
Series        Distribution     Other   Ending Prin Bal    Int @Mtg Rate   Servicer Fee
-----------   --------------   -----   ----------------   -------------   ------------
<S>             <C>             <C>    <C>                         <C>            <C>
af1                220135.82       0        137156525.2               0              0
af2                119193.33       0           37640000               0              0
af3                161679.04       0           45490000               0              0
af4                   182750       0           43000000               0              0
af5                 83737.75       0           17629000               0              0
af6                    87285       0           20700000               0              0
av1                287901.22       0        168715651.9               0              0
av2                 54760.34       0        31036613.48               0              0
b1                  22561.16       0            8080000               0              0
b2                  22920.02       0            6790000               0              0
b3                   29530.2       0            7110000               0              0
m1                    194940       0           41040000               0              0
m2                    164255       0           34580000               0              0
m3                     49115       0           10340000               0              0
m4                   41467.5       0            8730000               0              0
r                          0       0                  0               0              0
x                       9.88       0        624678136.4               0              0

                1,722,241.26    0.00   1,242,715,926.98            0.00           0.00
                1,722,241.26    0.00   1,242,715,926.98            0.00           0.00
</TABLE>

<PAGE>
                                                                     Page 4 of 5

                       Client Distribution History Report
                  Date Range - From: 01/01/2003 to: 12/31/2004

Payable Date      November 26, 2004

Client    27935   Equity One Mortgage Pass-Through Certificates Series 2004-3

<TABLE>
<CAPTION>
Pool Number                    Beginning                                                      Interest
Series        Cusip No.        Prin Bal      Principal Paid   Interest Paid   Total Distrib   Adjustment
-----------   --------------   -----------   --------------   -------------   -------------   ----------
<S>           <C>              <C>            <C>              <C>            <C>                   <C>
af1           294751ER9        137156525.2       4893922.49        255081.9      5149004.39
af2           294751ES7           37640000                0       119179.67       119179.67
af3           264751ET5           45490000                0       161660.51       161660.51
af4           294751EU2           43000000                0       182708.12       182708.12
af5           294751EV0           17629000                0        83728.15        83728.15
af6           294751EW8           20700000                0           87275           87275
av1           294751EX6        168715651.9       6719954.19       337767.52      7057721.71
av2           264751EY4        31036613.48         721272.6        62686.78       783959.38
b1            294751FD9            8080000                0         26445.5         26445.5
b2            294751FE7            6790000                0        26749.53        26749.53
b3            294751FF4            7110000                0        34329.47        34329.47
m1            294751EZ1           41040000                0       194917.66       194917.66
m2            294751FA5           34580000                0       164236.18       164236.18
m3            294751FB3           10340000                0        49109.37        49109.37
m4            294751FC1            8730000                0        41462.75        41462.75
r             N/A                        0                0               0               0
x             N/A              624678136.4      10935533.27          2162.9     10937696.17

              PAYABLE TOTAL                   23,270,682.55    1,829,501.01   25,100,183.56         0.00
              GRAND TOTALS                    23,270,682.55    1,829,501.01   25,100,183.56         0.00

<CAPTION>
Pool Number   Net Interest
Series        Distribution     Other   Ending Prin Bal    Int @Mtg Rate   Servicer Fee
-----------   --------------   -----   ----------------   -------------   ------------
<S>             <C>             <C>    <C>                         <C>            <C>
af1                 255081.9       0        132262602.7               0              0
af2                119179.67       0           37640000               0              0
af3                161660.51       0           45490000               0              0
af4                182708.12       0           43000000               0              0
af5                 83728.15       0           17629000               0              0
af6                    87275       0           20700000               0              0
av1                337767.52       0        161995697.7               0              0
av2                 62686.78       0        30315340.88               0              0
b1                   26445.5       0            8080000               0              0
b2                  26749.53       0            6790000               0              0
b3                  34329.47       0            7110000               0              0
m1                 194917.66       0           41040000               0              0
m2                 164236.18       0           34580000               0              0
m3                  49109.37       0           10340000               0              0
m4                  41462.75       0            8730000               0              0
r                          0       0                  0               0              0
x                     2162.9       0        613742603.1               0              0

                1,829,501.01    0.00   1,219,445,244.43            0.00           0.00
                1,829,501.01    0.00   1,219,445,244.43            0.00           0.00
</TABLE>

<PAGE>
                                                                     Page 5 of 5

                       Client Distribution History Report
                  Date Range - From: 01/01/2003 to: 12/31/2004

Payable Date      December 27, 2004

Client    27935   Equity One Mortgage Pass-Through Certificates Series 2004-3

<TABLE>
<CAPTION>
Pool Number                    Beginning                                                      Interest
Series        Cusip No.        Prin Bal      Principal Paid   Interest Paid   Total Distrib   Adjustment
-----------   --------------   -----------   --------------   -------------   -------------   ----------
<S>           <C>              <C>            <C>              <C>            <C>                   <C>
af1           294751ER9        132262602.7       7738427.41       266550.81      8004978.22
af2           294751ES7           37640000                0       119179.87       119179.87
af3           264751ET5           45490000                0       161660.79       161660.79
af4           294751EU2           43000000                0       182708.74       182708.74
af5           294751EV0           17629000                0         83728.3         83728.3
af6           294751EW8           20700000                0        87275.15        87275.15
av1           294751EX6        161995697.7        4072861.3       348789.24      4421650.54
av2           264751EY4        30315340.88       1723458.17        65793.31      1789251.48
b1            294751FD9            8080000                0        27345.36        27345.36
b2            294751FE7            6790000                0        27364.29        27364.29
b3            294751FF4            7110000                0        34775.73        34775.73
m1            294751EZ1           41040000                0       194917.99       194917.99
m2            294751FA5           34580000                0       164236.46       164236.46
m3            294751FB3           10340000                0        49109.46        49109.46
m4            294751FC1            8730000                0        41462.82        41462.82
r             N/A                        0                0               0               0
x             N/A              613742603.2      12212496.48        42052.25     12254548.73

              PAYABLE TOTALS                  25,747,243.36    1,896,950.57    27,644,193.93         0.00
              GRAND TOTALS                    25,747,243.36    1,896,950.57    27,644,193.93         0.00

<CAPTION>
Pool Number   Net Interest
Series        Distribution     Other   Ending Prin Bal    Int @Mtg Rate   Servicer Fee
-----------   --------------   -----   ----------------   -------------   ------------
<S>             <C>             <C>    <C>                         <C>            <C>
af1                266550.81       0        124524175.3               0              0
af2                119179.87       0           37640000               0              0
af3                161660.79       0           45490000               0              0
af4                182708.74       0           43000000               0              0
af5                  83728.3       0           17629000               0              0
af6                 87275.15       0           20700000               0              0
av1                348789.24       0        157922836.4               0              0
av2                 65793.31       0        28591882.71               0              0
b1                  27345.36       0            8080000               0              0
b2                  27364.29       0            6790000               0              0
b3                  34775.73       0            7110000               0              0
m1                 194917.99       0           41040000               0              0
m2                 164236.46       0           34580000               0              0
m3                  49109.46       0           10340000               0              0
m4                  41462.82       0            8730000               0              0
r                          0       0                  0               0              0
x                   42052.25       0        601530106.7               0              0

                1,896,950.57    0.00   1,193,698,001.11            0.00           0.00
                1,896,950.57    0.00   1,193,698,001.11            0.00           0.00
</TABLE>