|Exhibit 99.5 Holders of Record, holding 5% or more of the outstanding balance for Bear Stearns Asset Backed  Securities I Trust 2004-HE8, Asset-Backed Certificates, Series 2004-HE8 as reflected in the security  position listing as of December 31, 2004 provided by DTC.  Class
Name and Address of Holder


Amount Held
% Class
A
The Bank of New York



72,736,000
27%

One Wall Street

New York, NY 10286

JP Morgan Chase Bank NA


75,000,000
28%

14201 Dallas Parkway

Dallas, TX 75254

DRESDNER




50,000,000
18%

C/O Proxy Services

51 Mercedes Way

Edgewood, NY 11717

SSB&T Co




45,000,000
16%

1776 Heritage Drive Global Corporate Action  Unit JAB 5NW

No. Quincy, MA 02171
M-1
The Bank of New York



9,005,000
44%

One Wall Street

New York, NY 10286

DRSDNR/AKV



10,149,000
50%

75 Wall Street, 32 nd Floor




New York, NY 10005

SSB&T Co




1,120,000
5%

1776 Heritage Drive Global Corporate Action  Unit JAB 5NW

No. Quincy, MA 02171
M-2
The Bank of New York



4,460,000
25%

One Wall Street

New York, NY 10286

Wells Fargo Bank NA



5,000,000
28%

733 Marquette Avenue



Minneapolis, MN 55479

LaSalle Bank NA



6,293,000
35%

135 S. LaSalle Street

Chicago, IL 60603

SSB&T Co




1,840,000
10%

1776 Heritage Drive Global Corporate Action  Unit JAB 5NW

No. Quincy, MA 02171
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|M-3
LaSalle Bank NA



5,026,000
100%

135 S. LaSalle Street

Chicago, IL 60603
M-4
JP Morgan Chase Bank NA


1,700,000
36%

14201 Dallas Parkway

Dallas, TX 75254

Merrill Lynch




600,000
12%

101 Hudson St., Ninth Floor

Jersey City, NJ 07302

UBSSEC/CMO



2,391,000
51%


299 Park Avenue

New York, NY 10171
M-5
UBSSEC/CMO



4,189,000
100%

299 Park Avenue

New York, NY 10171
M-6
JP Morgan Chase Bank NA


1,424,000
50%

14201 Dallas Parkway

Dallas, TX 75254

UBSSEC/CMO



1,424,000
50%


299 Park Avenue

New York, NY 10171
M-7A
UBSSEC/CMO



2,681,000
100%

299 Park Avenue

New York, NY 10171
M-7B
The Bank of New York



2,681,000
100%

One Wall Street

New York, NY 10286                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
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