<PAGE>

                                  EXHIBIT 99.3

<PAGE>
                                                                     Page 1 of 3

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

Payable Date       October 25, 2004

Client    30443    Equity One Mortgage Pass-Through Certificates Series 2004-4

<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           73316PAA8          200000000        4240780.3       301843.74      4542624.04
af2           73316PAB6           70500000       1040488.79       104363.56      1144852.35
af3           73316PAC4           17900000                0        57510.07        57510.07
af4           73316PAD2           61300000                0       236342.96       236342.96
af5           73316PAE0           36700000                0       166960.02       166960.02
af6           73316PAF7           25000000                0        96798.02        96798.02
av1           73316PAG5          186400000       2616772.16       293432.55      2910204.71
b1            73316PAM2            7200000                0        18925.17        18925.17
b2            73316PAN0            6900000                0        22371.82        22371.82
b3            73316PAP5            7200000                0        27763.89        27763.89
b4            73316PAQ3            7200000                0        27763.89        27763.89
m1            73316PAH3           43000000                0       185624.73       185624.73
m2            73316PAJ9           34000000                0       159379.49       159379.49
m3            73316PAK6            8700000                0        41318.82        41318.82
m4            73316PAL4            7200000                0        34194.88        34194.88
r             N/A                        0                0               0               0
x             N/A              723239666.2       5970306.98            0.71      5970307.69

              PAYABLE TOTALS                  13,868,348.23    1,774,594.32   15,642,942.55         0.00
              GRAND TOTALS                    13,868,348.23    1,774,594.32   15,642,942.55         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                301843.74       0        195759219.7               0              0
af2                104363.56       0        69459511.21               0              0
af3                 57510.07       0           17900000               0              0
af4                236342.96       0           61300000               0              0
af5                166960.02       0           36700000               0              0
af6                 96798.02       0           25000000               0              0
av1                293432.55       0        183783227.8               0              0
b1                  18925.17       0            7200000               0              0
b2                  22371.82       0            6900000               0              0
b3                  27763.89       0            7200000               0              0
b4                  27763.89       0            7200000               0              0
m1                 185624.73       0           43000000               0              0
m2                 159379.49       0           34000000               0              0
m3                  41318.82       0            8700000               0              0
m4                  34194.88       0            7200000               0              0
r                          0       0                  0               0              0
x                       0.71       0        717269359.2               0              0

                1,774,594.32    0.00   1,428,571,317.99            0.00           0.00
                1,774,594.32    0.00   1,428,571,317.99            0.00           0.00
</TABLE>

<PAGE>
                                                                     Page 2 of 3

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

Payable Date       November 26, 2004

Client     30443   Equity One Mortgage Pass-Through Certificates Series 2004-4

<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           73316PAA8        195759219.7      4646209.99        379721.53      5025931.52
af2           73316PAB6        69459511.21      1264723.78        132263.89      1396987.67
af3           73316PAC4           17900000               0         57510.89        57510.89
af4           73316PAD2           61300000               0        236349.73       236349.73
af5           73316PAE0           36700000               0        166962.42       166962.42
af6           73316PAF7           25000000               0         96799.41        96799.41
av1           73316PAG5        183783227.8      3310633.81        371191.91      3681825.72
b1            73316PAM2            7200000               0         23884.77        23884.77
b2            73316PAN0            6900000               0          28102.2         28102.2
b3            73316PAP5            7200000               0          34763.3         34763.3
b4            73316PAQ3            7200000               0          34763.3         34763.3
m1            73316PAH3           43000000               0        185627.39       185627.39
m2            73316PAJ9           34000000               0        159381.77       159381.77
m3            73316PAK6            8700000               0         41319.41        41319.41
m4            73316PAL4            7200000               0         34195.37        34195.37
r             N/A                        0               0                0               0
x             N/A              717269359.2      7533847.32            11.63      7533858.95

              PAYABLE TOTALS                 16,755,414.90     1,982,848.92   18,738,263.82         0.00
              GRAND TOTALS                   16,755,414.90     1,982,848.92   18,738,263.82         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                379721.53       0        191113009.7               0              0
af2                132263.89       0        68194787.43               0              0
af3                 57510.89       0           17900000               0              0
af4                236349.73       0           61300000               0              0
af5                166962.42       0           36700000               0              0
af6                 96799.41       0           25000000               0              0
av1                371191.91       0          180472594               0              0
b1                  23884.77       0            7200000               0              0
b2                   28102.2       0            6900000               0              0
b3                   34763.3       0            7200000               0              0
b4                   34763.3       0            7200000               0              0
m1                 185627.39       0           43000000               0              0
m2                 159381.77       0           34000000               0              0
m3                  41319.41       0            8700000               0              0
m4                  34195.37       0            7200000               0              0
r                          0       0                  0               0              0
x                      11.63       0        709735511.9               0              0

                1,982,848.92    0.00   1,411,815,903.09            0.00           0.00
                1,982,848.92    0.00   1,411,815,903.09            0.00           0.00
</TABLE>

<PAGE>
                                                                     Page 1 of 3

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

Payable Date     December 27, 2004

Client    30443  Equity One Mortgage Pass-Through Certificates Series 2004-4

<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           73316PAA8        191113009.7       4190798.56       399954.85      4590753.41
af2           73316PAB6        68194787.43       1211884.17       140367.13       1352251.3
af3           73316PAC4           17900000                0        57511.08        57511.08
af4           73316PAD2           61300000                0       236351.26       236351.26
af5           73316PAE0           36700000                0       166962.96       166962.96
af6           73316PAF7           25000000                0        96799.72        96799.72
av1           73316PAG5          180472594       5461460.79       391671.73      5853132.52
b1            73316PAM2            7200000                0        24676.65        24676.65
b2            73316PAN0            6900000                0         28698.2         28698.2
b3            73316PAP5            7200000                0        35215.26        35215.26
b4            73316PAQ3            7200000                0        35215.26        35215.26
m1            73316PAH3           43000000                0       185627.99       185627.99
m2            73316PAJ9           34000000                0       159382.29       159382.29
m3            73316PAK6            8700000                0        41319.54        41319.54
m4            73316PAL4            7200000                0        34195.49        34195.49
r             N/A                        0                0               0               0
x             N/A              709735511.9       9266410.54           12.04      9266422.58

              PAYABLE TOTALS                  20,130,554.06    2,033,961.45   22,164,515.51         0.00
              GRAND TOTALS                    20,130,554.06    2,033,961.45   22,164,515.51         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                399954.85       0        186922211.2               0              0
af2                140367.13       0        66982903.26               0              0
af3                 57511.08       0           17900000               0              0
af4                236351.26       0           61300000               0              0
af5                166962.96       0           36700000               0              0
af6                 96799.72       0           25000000               0              0
av1                391671.73       0        175011133.2               0              0
b1                  24676.65       0            7200000               0              0
b2                   28698.2       0            6900000               0              0
b3                  35215.26       0            7200000               0              0
b4                  35215.26       0            7200000               0              0
m1                 185627.99       0           43000000               0              0
m2                 159382.29       0           34000000               0              0
m3                  41319.54       0            8700000               0              0
m4                  34195.49       0            7200000               0              0
r                          0       0                  0               0              0
x                      12.04       0        700469101.4               0              0

                2,033,961.45    0.00   1,391,685,349.03            0.00           0.00
                2,033,961.45    0.00   1,391,685,349.03            0.00           0.00
</TABLE>