|Exhibit 99.5 Holders of Record, holding 5% or more of the outstanding balance for Bear Stearns Asset Backed Securities I Trust 2004-HE4, Asset-Backed Certificates, Series 2004-HE4 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-1
CGM/ SAL BR



20,000,000
15%

333 W. 34 th Street, Third Floor

New York, NY 10001

SSB&T Co




45,000,000
35%

1776 Heritage Drive Global Corporate Action  Unit JAB 5NW

No. Quincy, MA 02171

Deutsche Bank



53,126,000
41%

1251 Avenue of the Americas

New York, NY 10020

Investors Bank



10,000,000
7%

200 Clarendon St., Ninth Floor

Corporate Actions Unit/TOP57

Boston, MA 02116
A-2
The Bank of New York



19,000,000
25%

One Wall Street

New York, NY 10286

SSB&T Co




53,500,000
71%

1776 Heritage Drive Global Corporate Action  Unit JAB 5NW

No. Quincy, MA 02171
A-3
LaSalle Bank NA



33,884,000
100%

135 S. LaSalle Street

Chicago, IL 60603
M-1
JP Morgan Chase Bank NA


17,776,000
100%

14201 Dallas Parkway

Dallas, TX 75254
M-2
The Bank of New York



14,220,000
100%

One Wall Street

New York, NY 10286
M-3
The Bank of New York



4,444,000
100%

One Wall Street

New York, NY 10286
M-4
JP Morgan Chase Bank NA


3,259,000
100%

14201 Dallas Parkway

Dallas, TX 75254
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|M-5
JP Morgan Chase Bank NA


3,555,000
100%

14201 Dallas Parkway

Dallas, TX 75254
M-6
Bear Stearns




2,963,000
100%

One MetroTech Center North, Fourth Floor

Brooklyn, NY 11201-3862                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
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