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): ~~October~~November 2725, 2003 ARGENT SECURITIES INC. (as depositor, Ameriquest Mortgage Company, Master Servicer, and Deutsche Bank National Trust Company, as Trustee). ARGENT SEC INC ASSET BACKED PAS THR CER SER 2003-W1 (Exact name of Registrant as specified in its Charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-105957-01 77-0599834 (Commission File Number) (I.R.S. Employer Identification No.) 1100 TOWN & COUNTRY ROAD, SUITE 1100 ORANGE, CALIFORNIA 92868 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (714) 564-0660 Item 5. Other Events Attached hereto is a copy of the Monthly Remittance Statements to the Certificateholders which was derived from the monthly information submitted by the Master Servicer of the Trust to the Trustee. Item 7. Financial Statement and Exhibits Exhibits: (as noted in Item 5 above) Monthly Remittance Statement to the Certificateholders dated as of ~~October~~November 2725, 2003. SIGNATURE 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. Deutsche Bank National Trust Company, not in its individual capacity, but solely as a duly authorized agent of the Registrant pursuant to the Pooling and Servicing Agreement, dated as of August 1,2003. Date: ~~Oct~~Nov 2926, 2003 By: /s/ Katherine M. Wannenmacher Katherine M. Wannenmacher Vice President EXHIBIT INDEX DOCUMENT Monthly Remittance Statement to the Certificateholders dated as of ~~October~~November 2725, 2003.

	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	October 27, 2003 Distribution
	November 25, 2003 Distribution
	Contents
			TABLE OF CONTENTS
								Page
			1.	Contents				1
			2.	Certificate Payment Report				2
			3.	Collection Account Report				4
			4.	Credit Enhancement Report				7
			5.	Collateral Report				8
			6.	Delinquency Report				11
			7.	REO Report				14
			8.	Foreclosure Report				15
			9.	Prepayment Report				16
			10.	Prepayment Detail Report				19
			11.	Realized Loss Report				2021
			12.	Realized Loss Detail Report				2324
			13.	Triggers, Adj. Rate Cert. and Miscellaneous Report				2425
			14.	Other Related Information				2526
				Total Number of Pages				2526
			CONTACTS
				Administrator: Valerie Delgado
				Direct Phone Number: (714)247-6273
				Address: Deutsche Bank
				1761 E. St. Andrew Place, Santa Ana, CA 92705
				Web Site: https://www.corporatetrust.db.com/invr
				Factor Information: (800) 735-7777
				Main Phone Number: (714) 247-6000
ISSUANCE INFORMATION
	Seller:		Ameriquest Mortgage Corp					Cut-Off Date: August 1, 2003
	Certificate Insurer(s):							Closing Date: August 5, 2003
								First Payment Date: September 25, 2003
	Servicer(s):		Ameriquest Mortgage Corp Master Servicer
								Distribution Date: October 27, 2003
								Distribution Date: November 25, 2003
	Underwriter(s):		Morgan Stanley Lead Underwriter					Record Date: ~~October~~November 24, 2003
			Banc of America Securities LLC Lead Underwriter					~~September~~October 3031, 2003
			Citigroup Underwriter
			Deutsche Bank Underwriter
			Merrill Lynch & Co. Underwriter
			UBS Securities Underwriter
						Page 1 of 25					© COPYRIGHT 2003 Deutsche Bank
						Page 1 of 26					© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	REMIC III
	Certificate Payment Report for October 27, 2003 Distribution
	Certificate Payment Report for November 25, 2003 Distribution
	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
A-1	FLT	750,808,000.00			~~744~~739,~~729~~330,~~506~~904.2779	~~986~~887,~~352~~402.8646	57,~~398~~537,~~601~~760.4821	68,~~384~~425,~~954~~162.3467	-	-	~~739~~731,~~330~~793,~~904~~144.7958
A-2	FLT	39,394,000.00			3938,~~075~~791,~~068~~810.6951	5650,~~268~~623.1031	~~283~~395,~~258~~497.1828	~~339~~446,~~526~~120.2859	-	-	38,~~791~~396,~~810~~313.5122
A-3	FLT	100,000,000.00			98,~~805~~105,~~426~~963.7945	~~129~~116,~~984~~964.0311	~~699~~1,~~463~~671,326.3459	~~829~~1,~~447~~788,290.3770	-	-	9896,~~105~~434,~~963~~636.4586
A-4	FLT	126,050,000.00			~~123~~122,~~727~~367,~~713~~936.8413	~~145~~130,~~173~~117.8591	13,~~359~~249,~~777~~109.7204	13,~~504~~379,~~951~~226.5795	-	-	~~122~~119,~~367~~118,~~936~~827.1309
A-5	FLT	68,353,000.00			68,353,000.00	9889,~~428~~200.3267	-	9889,~~428~~200.3267	-	-	68,353,000.00
M-1	MEZ, FLT	69,975,000.00			69,975,000.00	~~116~~105,~~314~~409.0056	-	~~116~~105,~~314~~409.0056	-	-	69,975,000.00
M-2	MEZ, FLT	44,528,000.00			44,528,000.00	~~121~~110,~~511~~120.9622	-	~~121~~110,~~511~~120.9622	-	-	44,528,000.00
M-3	MEZ, FLT	12,723,000.00			12,723,000.00	3936,~~808~~076.8577	-	3936,~~808~~076.8577	-	-	12,723,000.00
M-4	MEZ, FLT	12,723,000.00			12,723,000.00	5549,~~076~~913.4504	-	5549,~~076~~913.4504	-	-	12,723,000.00
M-5	MEZ, FLT	11,451,000.00			11,451,000.00	4944,~~570~~922.1191	-	4944,~~570~~922.1191	-	-	11,451,000.00
MV-6	MEZ, FLT	7,995,000.00			7,995,000.00	3431,~~609~~364.4783	-	3431,~~609~~364.4783	-	-	7,995,000.00
MF-6	MEZ	6,000,000.00			6,000,000.00	30,000.00	-	30,000.00	-	-	6,000,000.00
CE	EXE	22,266,077.15			22,264,658.10	4,~~581~~720,~~494~~788.1724	-	4,~~581~~720,~~494~~788.1724	-	-	22,264,658.10
R	SUB	-			-	-	-	-	-	-	-
P	R	100.00			100.00	~~141~~293,~~815~~582.6558	-	~~141~~293,~~815~~582.6558	-	-	100.00
Total		1,272,266,177.15			1,~~262~~254,~~350~~609,~~473~~372.6997	6,~~586~~696,~~407~~486.8261	712,~~741~~853,~~100~~693.7212	1419,~~327~~550,~~508~~179.5473	-	-	1,~~254~~241,~~609~~755,~~372~~679.9785
	Interest Accrual Detail				Current Period Factor Information per $1,000 of Original Face
						Orig. Principal	Prior				Current
	Period	Period				(with Notional)	Principal			Total	Principal
Class	Starting	Ending		Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
							(1)	(2)	(3)	(4)=(2)+(3)	(5)
A-1	0910/2527/03	1011/2624/03		A-Act/360	040104AJ0	750,808,000.00	~~991~~984.~~904064~~713675	1.~~313722~~181930	710.~~190389~~039531	811.~~504111~~221461	~~984~~974.~~713675~~674144
A-2	0910/2527/03	1011/2624/03		A-Act/360	040104AA9	39,394,000.00	~~991~~984.~~904064~~713675	1.~~428342~~285051	710.~~190389~~039531	811.~~618731~~324582	~~984~~974.~~713675~~674144
A-3	0910/2527/03	1011/2624/03		A-Act/360	040104AB7	100,000,000.00	~~988~~981.~~054268~~059634	1.~~299840~~169641	616.~~994633~~713266	817.~~294474~~882907	~~981~~964.~~059634~~346369
A-4	0910/2527/03	1011/2624/03		A-Act/360	040104AK7	126,050,000.00	~~981~~970.~~576468~~788863	1.~~151716~~032272	1025.~~787606~~776351	1126.~~939322~~808623	~~970~~945.~~788863~~012512
A-5	0910/2527/03	1011/2624/03		A-Act/360	040104AL5	68,353,000.00	1,000.000000	1.~~440000~~305000	-	1.~~440000~~305000	1,000.000000
M-1	0910/2527/03	1011/2624/03		A-Act/360	040104AC5	69,975,000.00	1,000.000000	1.~~662222~~506389	-	1.~~662222~~506389	1,000.000000
M-2	0910/2527/03	1011/2624/03		A-Act/360	040104AD3	44,528,000.00	1,000.000000	2.~~728889~~473056	-	2.~~728889~~473056	1,000.000000
M-3	0910/2527/03	1011/2624/03		A-Act/360	040104AE1	12,723,000.00	1,000.000000	32.~~128889~~835555	-	32.~~128889~~835555	1,000.000000
M-4	0910/2527/03	1011/2624/03		A-Act/360	040104AF8	12,723,000.00	1,000.000000	43.~~328889~~923056	-	43.~~328889~~923056	1,000.000000
M-5	0910/2527/03	1011/2624/03		A-Act/360	040104AG6	11,451,000.00	1,000.000000	43.~~328889~~923056	-	43.~~328889~~923056	1,000.000000
MV-6	0910/2527/03	1011/2624/03		A-Act/360	040104AH4	7,995,000.00	1,000.000000	43.~~328889~~923056	-	43.~~328889~~923056	1,000.000000
MF-6				F-30/360	040104AM3	6,000,000.00	1,000.000000	5.000000	-	5.000000	1,000.000000
CE				-		22,266,077.15	999.936269	~~205~~212.~~761174~~017061	-	~~205~~212.~~761174~~017061	999.936269
R				-		-	-	-	-	-	-
P				-		100.00	1,000.000000	12,~~418~~935,~~156~~825.~~500000~~800000	-	12,~~418~~935,~~156~~825.~~500000~~800000	1,000.000000
							Page 2 of 25				© COPYRIGHT 2003 Deutsche Bank
							Page 2 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	REMIC III
	Certificate Payment Report for October 27, 2003 Distribution
	Certificate Payment Report for November 25, 2003 Distribution
	Distribution in Dollars - to Date
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
A-1	750,808,000.00		23,~~563~~450,~~206~~608.0854		1017,~~132~~070,~~843~~030.9300	1,~~344~~944,~~251~~825.2841	1119,~~477~~014,~~095~~855.2142	1422,~~040~~465,~~301~~463.2996	-	-	~~739~~731,~~330~~793,~~904~~144.7958
A-2	39,394,000.00		~~146~~196,~~258~~882.7708		~~531~~895,~~658~~644.2311	70102,~~531~~042.2667	~~602~~997,~~189~~686.4978	~~748~~1,~~448~~194,568.2686	-	-	38,~~791~~396,~~810~~313.5122
A-3	100,000,000.00		~~338~~455,~~588~~552.2031		13,~~677~~215,~~790~~953.7369	~~216~~349,~~245~~409.8245	13,~~894~~565,~~036~~363.5514	24,~~232~~020,~~624~~915.7545	-	-	9896,~~105~~434,~~963~~636.4586
A-4	126,050,000.00		~~379~~509,~~548~~665.0798		36,~~261~~251,~~675~~910.5145	~~420~~679,~~388~~262.3646	36,~~682~~931,~~063~~172.8891	47,~~061~~440,~~611~~838.9589	-	-	~~122~~119,~~367~~118,~~936~~827.1309
A-5	68,353,000.00		~~254~~343,~~572~~772.2087		-	-	-	~~254~~343,~~572~~772.2087	-	-	68,353,000.00
M-1	69,975,000.00		~~300~~406,~~945~~355.9551		-	-	-	~~300~~406,~~945~~355.9551	-	-	69,975,000.00
M-2	44,528,000.00		~~314~~424,~~698~~818.5476		-	-	-	~~314~~424,~~698~~818.5476	-	-	44,528,000.00
M-3	12,723,000.00		~~103~~139,~~119~~195.0380		-	-	-	~~103~~139,~~119~~195.0380	-	-	12,723,000.00
M-4	12,723,000.00		~~142~~192,~~719~~632.3741		-	-	-	~~142~~192,~~719~~632.3741	-	-	12,723,000.00
M-5	11,451,000.00		~~128~~173,~~450~~373.8071		-	-	-	~~128~~173,~~450~~373.8071	-	-	11,451,000.00
MV-6	7,995,000.00		89121,~~683~~048.3619		-	-	-	89121,~~683~~048.3619	-	-	7,995,000.00
MF-6	6,000,000.00		6090,000.00		-	-	-	6090,000.00	-	-	6,000,000.00
CE	22,266,077.15		812,~~121~~842,~~472~~260.6488		1,272.34	146.71	1,419.05	812,~~122~~843,~~891~~679.6993	-	-	22,264,658.10
R	-		-		-	-	-	-	-	-	-
P	100.00		~~203~~496,~~199~~782.6624		-	-	-	~~203~~496,~~199~~782.6624	-	-	100.00
Total	1,272,266,177.15		1319,~~146~~842,~~462~~949.6728		1527,~~605~~434,~~240~~810.7560	23,~~051~~075,~~563~~686.4370	1730,~~656~~510,~~804~~497.1830	3050,~~803~~353,~~266~~446.8558	-	-	1,~~254~~241,~~609~~755,~~372~~679.9785
	Interest Detail
	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance			Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
					(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
A-1	1.49000%	~~744~~739,~~729~~330,~~506~~904.2779			~~986~~887,~~352~~402.8646	-	-	-	~~986~~887,~~352~~402.8646	~~986~~887,~~352~~402.8646	-
A-2	1.62000%	3938,~~075~~791,~~068~~810.6951			5650,~~268~~623.1031	-	-	-	5650,~~268~~623.1031	5650,~~268~~623.1031	-
A-3	1.48000%	98,~~805~~105,~~426~~963.7945			~~129~~116,~~984~~964.0311	-	-	-	~~129~~116,~~984~~964.0311	~~129~~116,~~984~~964.0311	-
A-4	1.32000%	~~123~~122,~~727~~367,~~713~~936.8413			~~145~~130,~~173~~117.8591	-	-	-	~~145~~130,~~173~~117.8591	~~145~~130,~~173~~117.8591	-
A-5	1.62000%	68,353,000.00			9889,~~428~~200.3267	-	-	-	9889,~~428~~200.3267	9889,~~428~~200.3267	-
M-1	1.87000%	69,975,000.00			~~116~~105,~~314~~409.0056	-	-	-	~~116~~105,~~314~~409.0056	~~116~~105,~~314~~409.0056	-
M-2	3.07000%	44,528,000.00			~~121~~110,~~511~~120.9622	-	-	-	~~121~~110,~~511~~120.9622	~~121~~110,~~511~~120.9622	-
M-3	3.52000%	12,723,000.00			3936,~~808~~076.8577	-	-	-	3936,~~808~~076.8577	3936,~~808~~076.8577	-
M-4	4.87000%	12,723,000.00			5549,~~076~~913.4504	-	-	-	5549,~~076~~913.4504	5549,~~076~~913.4504	-
M-5	4.87000%	11,451,000.00			4944,~~570~~922.1191	-	-	-	4944,~~570~~922.1191	4944,~~570~~922.1191	-
MV-6	4.87000%	7,995,000.00			3431,~~609~~364.4783	-	-	-	3431,~~609~~364.4783	3431,~~609~~364.4783	-
MF-6	56.~~74339~~00000%	6,000,000.00			30,000.00	-	-	-	30,000.00	30,000.00	-
CE		22,264,658.10			4,~~581~~720,~~494~~788.1724	-	-	-	4,~~581~~720,~~494~~788.1724	4,~~581~~720,~~494~~788.1724	-
R		-			-	-	-	-	-	-	-
P		100.00			~~141~~293,~~815~~582.6558	-	-	-	~~141~~293,~~815~~582.6558	~~141~~293,~~815~~582.6558	-
Total		1,~~262~~254,~~350~~609,~~473~~372.6997			6,~~586~~696,~~407~~486.8261	-	-	-	6,~~586~~696,~~407~~486.8261	6,~~586~~696,~~407~~486.8261	-
							Page 3 of 25				© COPYRIGHT 2003 Deutsche Bank
							Page 3 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Collection Account Report for October 27, 2003 Distribution
	Collection Account Report for November 25, 2003 Distribution
	Collection Account Report
SUMMARY						GROUP 2	GROUP 1	TOTAL
	Principal Collections					24,~~059~~920,~~241~~435.0663	57,~~681~~933,~~859~~257.6649	712,~~741~~853,~~100~~693.7212
	Principal Other Accounts					0.00	0.00	0.00
	TOTAL NET PRINCIPAL					24,~~059~~920,~~241~~435.0663	57,~~681~~933,~~859~~257.6649	712,~~741~~853,~~100~~693.7212
	Interest Collections					2,~~017~~006,~~801~~907.4164	5,~~373~~337,~~410~~880.6383	7,~~391~~344,~~212~~788.0447
	Interest Withdrawals					0.00	0.00	0.00
	Interest Other Accounts					0.00	0.00	0.00
	Interest Fees					(220,~~699~~533.7620)	(~~725~~721,~~920~~351.1124)	(~~946~~941,~~619~~884.8744)
	TOTAL NET INTEREST					1,~~797~~786,~~101~~374.6544	4,~~647~~616,~~490~~529.5259	6,~~444~~402,~~592~~904.1703
	TOTAL PRINCIPAL & INTEREST DISTRIBUTABLE					36,~~856~~706,~~342~~810.7107	1012,~~329~~549,~~350~~787.1808	1419,~~185~~256,~~692~~597.8915
	Prepayment Penalties Collected							~~141~~293,~~815~~582.6558
	TOTAL AVAILABLE FUNDS FOR DISTRIBUTION							1419,~~327~~550,~~508~~179.5473
PRINCIPAL - COLLECTIONS						GROUP 2	GROUP 1	TOTAL
	Scheduled Principal Received					~~277~~275,~~138~~612.2091	~~749~~748,~~297~~510.4436	1,~~026~~024,~~435~~123.6427
	Prepayments In Full					14,~~764~~528,~~702~~558.7830	46,~~579~~848,~~065~~306.1325	611,~~343~~376,~~767~~864.9155
	Curtailments					179,~~400~~749.0844	5339,~~276~~924.7291	7049,~~676~~674.8035
	Liquidations					0.00	0.00	0.00
	Insurance Principal					0.00	0.00	0.00
	Repurchased Principal Amounts					0103,843.0059	~~300~~296,~~220~~515.3797	~~300~~400,~~220~~359.3756
	Other Principal					0.00	0.00	0.00
	Prefunding Release					02,671.0039	0.00	02,671.0039
	Total Realized Loss Of Principal					0.00	0.00	0.00
	Delinquent Principal					(235,~~718~~275.8107)	(~~621~~623,~~257~~901.8986)	(~~856~~859,~~976~~176.7093)
	Advanced Principal					235,~~718~~275.8107	~~621~~623,~~257~~901.8986	~~856~~859,~~976~~176.7093
	TOTAL PRINCIPAL COLLECTED					24,~~059~~920,~~241~~435.0663	57,~~681~~933,~~859~~257.6649	712,~~741~~853,~~100~~693.7212
				Page 4 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 4 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Collection Account Report for October 27, 2003 Distribution
	Collection Account Report for November 25, 2003 Distribution
	Collection Account Report
PRINCIPAL - WITHDRAWALS						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
INTEREST - COLLECTIONS						GROUP 2	GROUP 1	TOTAL
	Scheduled Interest					2,~~141~~127,~~021~~418.9009	5,~~692~~655,~~276~~729.75	7,~~833~~783,~~298~~147.6584
	Liquidation Interest					0.00	0.00	0.00
	Repurchased Interest					0644.0070	1,~~818~~729.5968	12,~~818~~374.5938
	Insurance Interest					0.00	0.00	0.00
	Other Interest					04.0017	0.00	04.0017
	Relief Act Interest Shortfalls					0.00	0.00	0.00
	Net Prepayment Interest Shortfalls					0.00	0.00	0.00
	Delinquent Interest					(1,~~864~~831,~~473~~982.8077)	(4,~~779~~763,~~228~~924.6908)	(6,~~643~~595,~~702~~906.4985)
	Interest Advanced					1,~~741~~710,~~253~~823.3145	4,~~458~~444,~~543~~345.9848	6,~~199~~155,~~797~~168.2993
	TOTAL INTEREST COLLECTED					2,~~017~~006,~~801~~907.4164	5,~~373~~337,~~410~~880.6383	7,~~391~~344,~~212~~788.0447
				Page 5 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 5 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Collection Account Report for October 27, 2003 Distribution
	Collection Account Report for November 25, 2003 Distribution
	Collection Account Report
INTEREST - WITHDRAWALS						GROUP 2	GROUP 1	TOTAL
	Trust Fund Expenses							0.00
	Nonrecoverable Advances							0.00
	Reimbursements to Master Servicer							0.00
	TOTAL INTEREST WITHDRAWALS							0.00
INTEREST - OTHER ACCOUNTS						GROUP 2	GROUP 1	TOTAL
	TOTAL INTEREST OTHER ACCOUNTS					0.00	0.00	0.00
INTEREST - FEES						GROUP 2	GROUP 1	TOTAL
	Current Servicing Fees					1920,~~204~~407.1632	6261,~~868~~607.8956	82,~~073~~014.0588
	Trustee Fees					~~398~~396.7939	1,~~073~~067.9532	1,~~472~~463.7471
	PMI Insurance Fees					~~201~~199,~~096~~729.8149	~~661~~658,~~977~~676.2736	~~863~~858,~~074~~405.0885
	TOTAL INTEREST OTHER FEES					220,~~699~~533.7620	~~725~~721,~~920~~351.1124	~~946~~941,~~619~~884.8744
				Page 6 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 6 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Credit Enhancement Report for October 27, 2003 Distribution
	Credit Enhancement Report for November 25, 2003 Distribution
	Credit Enhancement Report
ACCOUNTS						GROUP 2	GROUP 1	TOTAL
	Net WAC Rate Carryover Reserve Balance (Ending)							1,000.00
INSURANCE						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
STRUCTURAL FEATURES						GROUP 2	GROUP 1	TOTAL
	Overcollateralized Amount							22,264,658.10
	Overcollateralization Target Amount							22,264,658.10
	Overcollateralization Increase Amount							0.00
	Overcollateralization Reduction Amount							0.00
				Page 7 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 7 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Collateral Report for October 27, 2003 Distribution
	Collateral Report for November 25, 2003 Distribution
	Collateral Report
COLLATERAL						GROUP 2	GROUP 1	TOTAL
	Loan Count:
	Original					1375	5628	7003
	Prior					1,~~366~~360	5,~~599~~570	6,~~965~~930
	Prefunding					-	-	-
	Scheduled Paid Offs					-	-	-
	Full Voluntary Prepayments					(616)	(2737)	(3353)
	Repurchases					-(1)	(21)	(2)
	Liquidations					-	-	-
	Current					1,~~360~~343	5,~~570~~532	6,~~930~~875
	Principal Balance:
	Original					345,336,527.65	926,926,978.11	1,272,263,505.76
	Prior					~~341~~339,~~819~~759,~~164~~923.9185	~~920~~914,~~528~~846,~~637~~777.3973	1,~~262~~254,~~347~~606,~~802~~701.3058
	Prefunding					-	-	-
	Scheduled Principal					(~~277~~275,~~138~~612.2091)	(~~749~~748,~~297~~510.4436)	(1,~~026~~024,~~435~~123.6427)
	Partial and Full Voluntary Prepayments					(14,~~782~~538,~~102~~307.8674)	(46,~~632~~888,~~341~~231.8516)	(611,~~414~~426,~~444~~538.7190)
	Repurchases					-(103,843.59)	(~~300~~296,~~220~~515.3797)	(~~300~~400,~~220~~359.3756)
	Liquidations					-	-	-
	Current					~~339~~334,~~759~~842,~~923~~159.8561	~~914~~906,~~846~~913,~~777~~520.7324	1,~~254~~241,~~606~~755,~~701~~679.5885
PREFUNDING						GROUP 2	GROUP 1	TOTAL
	Original Pre-Funding Amount					81,523,389.38	218,811,070.24	300,334,459.62
	Pre-Funding Amount Beginning Balance					81,523,389.38	218,811,070.24	300,334,459.62
	Withdrawal for Subsequent Transfers					81,520,717.99	218,811,070.24	300,331,788.23
	Pre-Funding Amount Released as Principal					02,671.0039	0.00	02,671.0039
	Pre-Funding Amount Ending Balance					~~2,671~~0.3900	0.00	~~2,671~~0.3900
	Group 1
	Group 2
Current Prin Balance by Groups (in millions of dollars)					Total Current Principal Balance (in millions of dollars)
				Page 8 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 8 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Collateral Report for October 27, 2003 Distribution
	Collateral Report for November 25, 2003 Distribution
	Collateral Report
CHARACTERISTICS						GROUP 2	GROUP 1	TOTAL
	Weighted Average Coupon Original					7.519481%	7.424201%	7.450063%
	Weighted Average Coupon Prior					7.~~519481~~516332%	7.~~424201~~422816%	7.~~450063~~448138%
	Weighted Average Coupon Current					7.~~516332~~516132%	7.~~422816~~420862%	7.~~448138~~446662%
	Weighted Average Months to Maturity Original					354	355	355
	Weighted Average Months to Maturity Prior					~~354~~353	~~355~~354	~~355~~354
	Weighted Average Months to Maturity Current					~~353~~352	~~354~~353	~~354~~353
	Weighted Avg Remaining Amortization Term Original					354	354	354
	Weighted Avg Remaining Amortization Term Prior					~~354~~353	~~354~~353	~~354~~353
	Weighted Avg Remaining Amortization Term Current					~~353~~352	~~353~~352	~~353~~352
	Weighted Average Seasoning Original					2.30	2.12	2.16
	Weighted Average Seasoning Prior					23.3029	23.1211	23.16
	Weighted Average Seasoning Current					34.2928	34.11	34.16
Note: Original information refers to deal issue.
	Group 1
	Group 2
WAC by Groups					Total WAC
WARAT by Groups					Total WARAT
Note: Dates correspond to distribution dates.
				Page 9 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 9 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Collateral Report for October 27, 2003 Distribution
	Collateral Report for November 25, 2003 Distribution
	Collateral Report
ARM CHARACTERISTICS						GROUP 2	GROUP 1	TOTAL
	Weighted Average Margin Original					4.174%	4.809%
	Weighted Average Margin Prior					4.~~174~~157%	4.~~809~~804%
	Weighted Average Margin Current					4.~~157~~151%	4.~~804~~799%
	Weighted Average Max Rate Original					9.078%	10.463%
	Weighted Average Max Rate Prior					9.~~078~~039%	10.~~463~~453%
	Weighted Average Max Rate Current					9.~~039~~023%	10.~~453~~439%
	Weighted Average Min Rate Original					5.588%	6.140%
	Weighted Average Min Rate Prior					5.~~588~~570%	6.~~140~~136%
	Weighted Average Min Rate Current					5.~~570~~560%	6.~~136~~128%
	Weighted Average Cap Up Original					0.650%	0.751%
	Weighted Average Cap Up Prior					0.~~650~~647%	0.~~751~~750%
	Weighted Average Cap Up Current					0.~~647~~645%	0.~~750~~749%
	Weighted Average Cap Down Original					0.650%	0.751%
	Weighted Average Cap Down Prior					0.~~650~~647%	0.~~751~~750%
	Weighted Average Cap Down Current					0.~~647~~645%	0.~~750~~749%
Note: Original information refers to deal issue.
SERVICING FEES / ADVANCES						GROUP 2	GROUP 1	TOTAL
	Current Servicing Fees					1920,~~204~~407.1632	6261,~~868~~607.8956	82,~~073~~014.0588
	Delinquent Servicing Fees					~~123~~121,~~220~~159.4931	~~320~~319,~~684~~578.7160	~~443~~440,~~905~~737.2091
	TOTAL SERVICING FEES					~~142~~141,~~424~~566.6563	~~383~~381,~~553~~186.6016	~~525~~522,~~978~~752.2579
	Prepayment Interest Shortfall					12,~~551~~868.5011	43,~~379~~352.7999	56,~~931~~221.2910
	Compensating Interest					(12,~~551~~868.5011)	(43,~~379~~352.7999)	(56,~~931~~221.2910)
	Delinquent Servicing Fees					(~~123~~121,~~220~~159.4931)	(~~320~~319,~~684~~578.7160)	(~~443~~440,~~905~~737.2091)
	COLLECTED SERVICING FEES					1920,~~204~~407.1632	6261,~~868~~607.8956	82,~~073~~014.0588
	Aggregate Advances with respect to this Distribution					1,~~976~~946,~~972~~098.1252	5,~~079~~068,~~801~~247.8734	7,~~056~~014,~~773~~345.9986
	Current Nonrecoverable Advances					0.00	0.00	0.00
	Cumulative Nonrecoverable Advances					0.00	0.00	0.00
ADDITIONAL COLLATERAL INFORMATION						GROUP 2	GROUP 1	TOTAL
	Net Prepayment Interest Shortfall							0.00
				Page 10 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 10 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Delinquency Report for October 27, 2003 Distribution
	Delinquency Report for November 25, 2003 Distribution
	Delinquency Report - Total
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			510,~~234~~844,~~251~~996.4985	~~363~~3,~~477~~987,525.4803	-	514,~~597~~832,~~728~~521.9788
		% Balance			0.4287%	0.0332%	0.00%	01.4519%
		# Loans			2959	220	-	3179
		% # Loans			0.4286%	0.0329%	0.00%	01.4515%
FORECLOSURE		Balance		-	-	-	-363,217.70	-363,217.70
		% Balance		0.00%	0.00%	0.00%	0.0003%	0.0003%
		# Loans		-	-	-	-2	-2
		% # Loans		0.00%	0.00%	0.00%	0.0003%	0.0003%
BANKRUPTCY		Balance		~~965~~2,~~033~~052,355.14	-228,306.93	89117,~~796~~576.9547	-89,745.24	12,~~054~~487,~~830~~983.0978
		% Balance		0.0817%	0.0002%	0.01%	0.0001%	0.0820%
		# Loans		713	-1	1	-1	816
		% # Loans		0.1019%	0.0001%	0.01%	0.0001%	0.1223%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
TOTAL		Balance		~~965~~2,~~033~~052,355.14	511,~~234~~073,~~251~~303.4978	~~453~~4,~~274~~105,101.4350	-452,962.94	617,~~652~~683,~~559~~723.0636
		% Balance		0.0817%	0.4289%	0.0433%	0.0004%	01.5342%
		# Loans		713	2960	321	-3	3997
		% # Loans		0.1019%	0.4287%	0.0431%	0.0004%	01.5641%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent
Total Foreclosure					Total Bankruptcy and REO
Note: Dates correspond to distribution dates.
				Page 11 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 11 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Delinquency Report for October 27, 2003 Distribution
	Delinquency Report for November 25, 2003 Distribution
	Delinquency Report - Group 1 Group
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			26,~~919~~760,~~228~~743.9610	~~219~~2,~~805~~350,403.6992	-	39,~~139~~111,~~034~~147.6502
		% Balance			0.3275%	0.0226%	0.00%	01.3400%
		# Loans			1841	114	-	1955
		% # Loans			0.3274%	0.0225%	0.00%	0.3499%
FORECLOSURE		Balance		-	-	-	-219,629.48	-219,629.48
		% Balance		0.00%	0.00%	0.00%	0.0002%	0.0002%
		# Loans		-	-	-	-1	-1
		% # Loans		0.00%	0.00%	0.00%	0.0002%	0.0002%
BANKRUPTCY		Balance		~~874~~1,~~839~~527,331.2154	-228,306.93	89117,~~796~~576.9547	-89,745.24	~~964~~1,~~636~~962,960.1618
		% Balance		0.1017%	0.0003%	0.01%	0.0001%	0.1122%
		# Loans		610	-1	1	-1	713
		% # Loans		0.1118%	0.0002%	0.02%	0.0002%	0.1323%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
TOTAL		Balance		~~874~~1,~~839~~527,331.2154	26,~~919~~989,~~228~~050.9603	~~309~~2,~~602~~467,980.6439	-309,374.72	411,~~103~~293,~~670~~736.8168
		% Balance		0.1017%	0.3277%	0.0327%	0.0003%	01.4525%
		# Loans		610	1842	215	-2	2669
		% # Loans		0.1118%	0.3276%	0.0427%	0.0004%	01.4725%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent
Total Foreclosure					Total Bankruptcy and REO
Note: Dates correspond to distribution dates.
				Page 12 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 12 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Delinquency Report for October 27, 2003 Distribution
	Delinquency Report for November 25, 2003 Distribution
	Delinquency Report - Group 2 Group
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			24,~~315~~084,~~022~~253.5375	~~143~~1,~~671~~637,121.7911	-	25,~~458~~721,~~694~~374.3286
		% Balance			01.6822%	0.0449%	0.00%	01.7271%
		# Loans			1118	16	-	1224
		% # Loans			01.8134%	0.0745%	0.00%	01.8879%
FORECLOSURE		Balance		-	-	-	-143,588.22	-143,588.22
		% Balance		0.00%	0.00%	0.00%	0.0004%	0.0004%
		# Loans		-	-	-	-1	-1
		% # Loans		0.00%	0.00%	0.00%	0.0007%	0.0007%
BANKRUPTCY		Balance		90525,~~193~~023.9360	-	-	-	90525,~~193~~023.9360
		% Balance		0.0316%	0.00%	0.00%	0.00%	0.0316%
		# Loans		13	-	-	-	13
		% # Loans		0.0722%	0.00%	0.00%	0.00%	0.0722%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
TOTAL		Balance		90525,~~193~~023.9360	24,~~315~~084,~~022~~253.5375	~~143~~1,~~671~~637,121.7911	-143,588.22	26,~~548~~389,~~888~~986.2568
		% Balance		0.0316%	01.6822%	0.0449%	0.0004%	01.7591%
		# Loans		13	1118	16	-1	1328
		% # Loans		0.0722%	01.8134%	0.0745%	0.0007%	02.9608%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent
Total Foreclosure					Total Bankruptcy and REO
Note: Dates correspond to distribution dates.
				Page 13 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 13 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	REO Report for October 27, 2003 Distribution
	REO Report for November 25, 2003 Distribution
	REO Report - Mortgage Loans that Become REO During Current Distribution
SUMMARY				LOAN GROUP
Total Loan Count = 0				Loan Group 1 = Group 1 Group; REO Book Value = 000.00
Total Original Principal Balance = 000.00				Loan Group 2 = Group 2 Group; REO Book Value = 000.00
Total Current Balance = 000.00
REO Book Value = 000.00
REO Book Value reported corresponds to total REO loans, including loans that become REO during current distribution.
Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK
				Page 14 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 14 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Foreclosure Report for October 27, 2003 Distribution
	Foreclosure Report for November 25, 2003 Distribution
	Foreclosure Report - Mortgage Loans that Become Foreclosure During Current Distribution
SUMMARY				LOAN GROUP
Total Loan Count = 0				Loan Group 1 = Group 1 Group
Total Loan Count = 2				Loan Group 1 = Group 1 Group
Total Original Principal Balance = 000.00				Loan Group 2 = Group 2 Group
Total Original Principal Balance = 364,500.00				Loan Group 2 = Group 2 Group
Total Current Balance = 000.00
Total Current Balance = 363,217.70
Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK
48383004 1		220,500.00	219,629.48	Jun-01-03	7.250%	CA - 90.00%	360	May-31-03
				Page 15 of 25				© COPYRIGHT 2003 Deutsche Bank
47325014 2		144,000.00	143,588.22	Jun-01-03	8.850%	FL - 90.00%	360	May-07-03
				Page 15 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Prepayment Report for October 27, 2003 Distribution
	Prepayment Report for November 25, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENTS						GROUP 2	GROUP 1	TOTAL
	Current
	Number of Paid in Full Loans					616	2737	3353
	Number of Repurchased Loans					-1	21	2
	Total Number of Loans Prepaid in Full					617	2938	3555
	Paid in Full Balance					14,~~764~~528,~~702~~558.7830	46,~~579~~848,~~065~~306.1325	611,~~343~~376,~~767~~864.9155
	Repurchased Loans Balance					-103,843.59	~~300~~296,~~220~~515.3797	~~300~~400,~~220~~359.3756
	Curtailments Amount					179,~~400~~749.0844	5339,~~276~~924.7291	7049,~~676~~674.8035
	Total Prepayment Amount					14,~~782~~642,~~102~~151.8633	47,~~932~~184,~~562~~747.2213	611,~~714~~826,~~665~~898.0846
	Cumulative
	Number of Paid in Full Loans					1329	4784	60113
	Number of Repurchased Loans					23	1112	1315
	Total Number of Loans Prepaid in Full					1532	5896	73128
	Paid in Full Balance					48,~~344~~873,~~588~~146.5080	815,~~217~~065,~~599~~905.0126	1223,~~562~~939,~~187~~052.5106
	Repurchased Loans Balance					~~639~~742,~~083~~927.7938	2,~~256~~552,~~064~~580.9794	23,~~895~~295,~~148~~508.7632
	Curtailments Amount					3948,~~073~~822.1256	~~108~~148,~~831~~756.3627	~~147~~197,~~904~~578.4883
	Total Prepayment Amount					59,~~022~~664,~~745~~896.4174	1017,~~582~~767,~~495~~242.3447	1527,~~605~~432,~~240~~139.7521
SPACE INTENTIONALLY LEFT BLANK
Total Prepayments by Groups (in thousands of dollars)					Total Prepayments (in thousands of dollars)
				Page 16 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 16 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Prepayment Report for October 27, 2003 Distribution
	Prepayment Report for November 25, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENT RATES						GROUP 2	GROUP 1	TOTAL
	SMM					01.5237%	0.5479%	0.5394%
	3 Months Avg SMM					0.94%	0.64%	0.73%
	12 Months Avg SMM
	Avg SMM Since Cut-off					0.7394%	0.5764%	0.6273%
	CPR					615.0823%	69.2503%	610.2075%
	3 Months Avg CPR					10.75%	7.46%	8.36%
	12 Months Avg CPR
	Avg CPR Since Cut-off					810.4275%	67.6746%	78.1536%
	PSA					~~923~~1777.5234%	~~1004~~1099.0235%	~~981~~1293.3144%
	3 Months Avg PSA Approximation					1633.11%	1198.72%	1322.97%
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation					~~1506~~1633.8511%	~~1274~~1198.8872%	~~1341~~1322.5497%
	Group 1
	Group 2
CPR by Groups					Total CPR
PSA by Groups					Total PSA
				Page 17 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 17 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Prepayment Report for October 27, 2003 Distribution
	Prepayment Report for November 25, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
	Group 1
	Group 2
CPR Avg since Cut-Off by Groups					Total CPR Avg since Cut-Off
PSA Avg since Cut-Off by Groups					Total PSA Avg since Cut-Off
PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases)/(Beg Principal Balance - Sched Principal)
Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)
PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))
Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn) * (1-SMMn+1) .......(1-SMMm)]^(1/months in period n,m)
Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)
Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m))
Average WASn,m: (min(30,WASn)+min(30,WASn+1)+.......+min(30,WASm)/(number of months in the period n,m)
Weighted Average Seasoning (WAS)
Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.
Dates correspond to distribution dates.
				Page 18 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 18 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Prepayment Detail Report for October 27, 2003 Distribution
	Prepayment Detail Report for November 25, 2003 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
SUMMARY						LOAN GROUP
Total Loan Count = 35						Loan Group 1 = Group 1 Group
Total Loan Count = 55						Loan Group 1 = Group 1 Group
Total Original Principal Balance = 6,661,665.00						Loan Group 2 = Group 2 Group
Total Original Principal Balance = 11,810,230.00						Loan Group 2 = Group 2 Group
Total Prepayment Amount = 6,643,988.28
Total Prepayment Amount = 11,777,224.11
Loan Number			Original			Current	State &	Type Prepayment
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Original Term	Date
44260032 1			250,000.00	249,003.21	Sep-24-03	7.200%	RI - 66.67%	Paid Off - 360	Mar-31-03
44734440 1			270,000.00	268,760.12	Oct-28-03	8.400%	NY - 90.00%	Paid Off - 360	Mar-20-03
44979912 1			228,240.00	227,487.09	Sep-22-03	8.150%	CA - 80.00%	Paid Off - 360	Apr-02-03
44816346 1			277,100.00	276,283.98	Nov-03-03	6.100%	CA - 85.00%	Paid Off - 360	Jun-09-03
45114394 1			102,000.00	101,755.23	Oct-02-03	8.600%	CA - 85.00%	Paid Off - 360	May-12-03
46289575 1			187,000.00	186,487.93	Oct-17-03	7.950%	PA - 85.00%	Paid Off - 360	May-15-03
45116365 1			180,000.00	179,463.68	Sep-25-03	8.650%	FL - 80.00%	Paid Off - 360	Apr-01-03
46601100 1			97,290.00	96,928.19	Oct-30-03	7.900%	NJ - 90.00%	Paid Off - 360	May-22-03
46371910 1			304,000.00	303,471.46	Oct-02-03	8.750%	CA - 95.00%	Paid Off - 360	May-31-03
46718110 1			61,750.00	61,561.22	Oct-20-03	7.400%	OH - 95.00%	Paid Off - 360	May-30-03
46712618 1			199,500.00	198,890.19	Sep-16-03	7.400%	CA - 95.00%	Paid Off - 360	May-08-03
46825592 1			426,250.00	425,258.22	Nov-04-03	8.750%	MA - 55.00%	Paid Off - 360	May-20-03
46803797 1			128,000.00	127,801.46	Sep-15-03	9.300%	AZ - 80.00%	Paid Off - 360	May-20-03
46845269 1			170,000.00	169,437.69	Oct-31-03	7.000%	CA - 85.00%	Paid Off - 360	May-30-03
46864245 1			215,920.00	215,384.85	Sep-18-03	6.990%	CA - 80.00%	Paid Off - 360	May-16-03
46990057 1			143,600.00	143,200.80	Nov-03-03	7.875%	CA - 80.00%	Paid Off - 360	May-30-03
47096490 1			76,540.00	76,402.75	Sep-11-03	8.600%	IA - 89.00%	Paid Off - 360	May-07-03
46992509 1			225,000.00	224,383.85	Oct-30-03	7.950%	WA - 75.00%	Paid Off - 360	May-27-03
47143771 1			315,000.00	314,435.15	Sep-25-03	8.600%	CA - 75.00%	Paid Off - 360	May-08-03
47161682 1			176,700.00	176,169.43	Oct-14-03	7.490%	MN - 95.00%	Paid Off - 360	May-23-03
47174123 1			120,000.00	119,815.82	Sep-16-03	9.350%	NV - 80.00%	Paid Off - 360	May-27-03
47172044 1			247,000.00	246,125.29	Oct-14-03	6.650%	CA - 89.82%	Paid Off - 360	May-29-03
47306774 1			111,780.00	111,606.63	Oct-02-03	9.300%	AZ - 90.00%	Paid Off - 360	May-16-03
47242946 1			195,000.00	194,564.61	Oct-30-03	8.950%	NJ - 65.00%	Paid Off - 360	May-23-03
47404504 1			186,200.00	185,841.35	Oct-07-03	8.250%	NH - 94.76%	Paid Off - 360	May-23-03
47349808 1			284,400.00	283,722.63	Oct-29-03	7.300%	NY - 90.00%	Paid Off - 360	Jun-09-03
47508643 1			274,000.00	273,302.01	Oct-06-03	6.850%	CA - 73.07%	Paid Off - 360	May-14-03
47637210 1			301,750.00	301,331.19	Oct-31-03	7.850%	CA - 85.00%	Paid Off - 360	Jul-31-03
47564174 1			128,535.00	128,269.23	Sep-26-03	7.900%	MN - 95.00%	Paid Off - 360	May-22-03
47699756 1			171,000.00	170,497.69	Oct-30-03	7.600%	CA - 90.00%	Paid Off - 360	May-30-03
47609375 1			128,250.00	128,031.56	Sep-16-03	8.850%	OH - 95.00%	Paid Off - 360	May-29-03
47716162 1			114,000.00	113,599.81	Nov-04-03	6.700%	CA - 46.15%	Paid Off - 360	May-30-03
47966619 1			130,000.00	129,779.86	Oct-03-03	6.850%	CA - 78.79%	Paid Off - 360	Jun-05-03
47806781 1			304,000.00	303,084.47	Oct-28-03	7.475%	CA - 95.00%	Paid Off - 360	Jun-05-03
48183669 1			188,000.00	187,676.48	Sep-24-03	8.800%	NY - 80.00%	Paid Off - 360	Jun-02-03
47831441 1			213,750.00	213,182.13	Oct-22-03	8.100%	MN - 95.00%	Paid Off - 360	May-21-03
48322994 1			156,000.00	154,419.02	Oct-02-03	6.650%	NJ - 52.88%	Paid Off - 360	Jun-10-03
47869961 1			202,000.00	201,567.31	Nov-05-03	9.150%	MN - 88.99%	Paid Off - 360	May-29-03
48324735 1			78,000.00	77,859.94	Oct-01-03	6.550%	TX - 45.88%	Paid Off - 360	Jul-03-03
47876537 1			284,000.00	283,087.92	Oct-21-03	7.150%	CA - 84.78%	Paid Off - 360	Jun-05-03
48642375 1			270,000.00	269,538.30	Sep-29-03	6.800%	CA - 57.94%	Paid Off - 360	Jun-20-03
47905922 1			150,100.00	149,735.97	Nov-05-03	7.100%	DE - 95.00%	Paid Off - 360	Jul-01-03
48818157 1			85,000.00	84,942.39	Sep-19-03	7.950%	AZ - 85.00%	Paid Off - 360	Jul-28-03
48035802 1			283,100.00	282,370.40	Oct-30-03	8.250%	AZ - 95.00%	Paid Off - 360	May-30-03
49148695 1			148,000.00	147,832.56	Oct-06-03	8.850%	MI - 61.93%	Paid Off - 360	Jul-01-03
48250740 1			144,000.00	143,788.05	Nov-03-03	9.550%	MN - 80.00%	Paid Off - 360	Jun-09-03
49467301 1			183,600.00	182,366.09	Oct-01-03	6.300%	WA - 66.76%	Paid Off - 180	Jul-07-03
48388904 1			134,000.00	132,143.05	Oct-28-03	6.000%	CA - 57.02%	Paid Off - 180	May-31-03
49810021 1			99,000.00	98,922.77	Oct-06-03	7.250%	AZ - 76.74%	Paid Off - 360	Jul-31-03
48486716 1			75,000.00	74,819.87	Oct-20-03	7.150%	CO - 63.29%	Paid Off - 360	Jun-05-03
50228543 1			110,000.00	109,899.58	Oct-10-03	6.450%	CA - 63.58%	Paid Off - 360	Jul-24-03
48670483 1			119,700.00	119,469.42	Nov-07-03	8.250%	CA - 90.00%	Paid Off - 360	Jun-25-03
50864115 1			195,000.00	194,866.47	Sep-11-03	7.900%	MA - 89.86%	Paid Off - 360	Jul-24-03
48784144 1			76,500.00	76,370.71	Nov-10-03	9.100%	TX - 90.00%	Paid Off - 360	Jun-19-03
46516480 2			513,000.00	511,804.06	Sep-23-03	7.300%	TX - 90.00%	Paid Off - 360	May-06-03
48820872 1			169,200.00	168,896.58	Nov-05-03	8.600%	UT - 90.00%	Paid Off - 360	Jun-10-03
47537733 2			481,000.00	479,556.29	Oct-02-03	6.000%	CA - 78.21%	Paid Off - 360	May-22-03
48894240 1			85,000.00	84,863.96	Oct-28-03	9.150%	CT - 85.00%	Paid Off - 360	Jun-11-03
47552682 2			375,000.00	374,224.58	Oct-09-03	7.900%	CA - 82.24%	Paid Off - 360	May-22-03
49214877 1			212,000.00	211,387.52	Oct-30-03	6.200%	CA - 80.00%	Paid Off - 360	Jul-09-03
47670690 2			174,250.00	174,010.59	Sep-18-03	7.900%	IL - 85.00%	Paid Off - 360	Jun-09-03
49543853 1			183,000.00	182,732.92	Oct-14-03	7.600%	CA - 79.57%	Paid Off - 360	Jul-09-03
48112981 2			80,000.00	78,153.22	Sep-29-03	10.000%	TX - 80.00%	Paid Off - 360	Jun-06-03
49999493 1			175,000.00	174,731.52	Oct-31-03	7.350%	NY - 68.63%	Paid Off - 360	Jul-15-03
50158237 2			147,000.00	146,954.04	Sep-25-03	11.600%	OH - 60.00%	Paid Off - 360	Jul-22-03
50120609 1			238,500.00	238,151.92	Nov-04-03	7.600%	CA - 90.00%	Paid Off - 360	Jul-30-03
46595146 1			228,600.00	228,011.95	Oct-06-03	6.800%	CA - 90.00%	Repur/Subs - 360	May-06-03
50163732 1			111,150.00	110,995.73	Oct-31-03	7.850%	OH - 90.00%	Paid Off - 360	Jul-10-03
49467475 1			72,250.00	72,208.42	Sep-16-03	8.750%	MO - 84.01%	Repur/Subs - 360	Jul-07-03
50243500 1			180,000.00	179,715.51	Oct-22-03	7.200%	MI - 75.00%	Paid Off - 360	Jul-17-03
					Page 19 of 25				© COPYRIGHT 2003 Deutsche Bank
50650860 1			112,500.00	112,301.22	Oct-17-03	8.100%	CA - 75.00%	Paid Off - 360	Jul-22-03
51406783 1			66,690.00	66,597.42	Nov-07-03	7.850%	AL - 95.00%	Paid Off - 360	Jul-25-03
43207091 2			100,800.00	100,532.86	Oct-16-03	10.850%	AZ - 90.00%	Paid Off - 360	Mar-05-03
43953389 2			297,500.00	296,658.96	Nov-04-03	9.800%	CA - 85.00%	Paid Off - 360	Mar-20-03
45402310 2			175,000.00	174,126.67	Oct-31-03	7.000%	CA - 64.82%	Paid Off - 360	Mar-31-03
46644472 2			430,500.00	428,821.48	Oct-30-03	6.150%	CA - 70.00%	Paid Off - 360	May-20-03
46760302 2			500,000.00	498,064.59	Oct-29-03	7.350%	GA - 78.46%	Paid Off - 360	Apr-28-03
46782264 2			499,000.00	497,727.02	Oct-30-03	8.300%	MO - 78.58%	Paid Off - 360	May-19-03
47443361 2			400,000.00	398,499.02	Oct-21-03	6.350%	CA - 67.80%	Paid Off - 360	May-28-03
					Page 19 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Realized Loss Report for October 27, 2003 Distribution
	Prepayment Detail Report for November 25, 2003 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
Loan Number			Original			Current	State &
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Term	Date
47532957 2			185,250.00	184,982.26	Nov-03-03	10.000%	NJ - 65.00%	Paid Off - 360	Jun-11-03
47559778 2			405,450.00	404,258.98	Oct-17-03	7.600%	CA - 85.00%	Paid Off - 360	May-14-03
47637202 2			491,300.00	489,489.58	Nov-03-03	6.750%	CA - 85.00%	Paid Off - 360	May-31-03
48036222 2			217,500.00	217,257.44	Nov-07-03	10.850%	NJ - 75.00%	Paid Off - 360	Jun-05-03
48050843 2			72,250.00	72,106.14	Oct-31-03	9.500%	TX - 85.00%	Paid Off - 360	May-28-03
48228050 2			119,000.00	118,795.22	Nov-04-03	8.800%	IL - 85.00%	Paid Off - 360	Jun-06-03
48361935 2			360,000.00	359,334.29	Nov-04-03	8.450%	CA - 75.00%	Paid Off - 360	Jun-25-03
49648207 2			127,600.00	127,461.52	Nov-03-03	9.050%	MO - 56.71%	Paid Off - 360	Jul-03-03
50166917 2			160,550.00	160,442.27	Oct-29-03	11.300%	CA - 65.00%	Paid Off - 360	Jul-07-03
47449996 1			297,500.00	296,515.97	Oct-15-03	7.000%	NY - 85.00%	Repur/Subs - 360	May-29-03
48381073 2			104,000.00	103,843.59	Oct-23-03	7.450%	CA - 40.00%	Repur/Subs - 360	Jul-31-03
					Page 20 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Realized Loss Report for November 25, 2003 Distribution
	Realized Loss Report - Collateral
COLLATERAL REALIZED LOSSES						GROUP 2	GROUP 1	TOTAL
	Current
	Number of Loans Liquidated					-	-	-
	Collateral Realized Loss/(Gain) Amount					-	-	-
	Net Liquidation Proceeds					-	-	-
	Cumulative
	Number of Loans Liquidated					-	-	-
	Collateral Realized Loss/(Gain) Amount					-	-	-
	Net Liquidation Proceeds					-	-	-
	Note: Collateral Realized Loss Amount may include adjustments to loans liquidated in prior periods.
	Cumulative Loss Percentage							0.0000%
	Group 1						3 Months Moving Average
	Group 2
Collateral Loss Severity Approximation by Groups					Collateral Loss Severity Approximation
				Page 20 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 21 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Realized Loss Report for October 27, 2003 Distribution
	Realized Loss Report for November 25, 2003 Distribution
	Realized Loss Report - Collateral
DEFAULT SPEEDS						GROUP 2	GROUP 1	TOTAL
	MDR					0.00%	0.00%	0.00%
	3 Months Avg MDR					0.00%	0.00%	0.00%
	12 Months Avg MDR
	Avg MDR Since Cut-off					0.00%	0.00%	0.00%
	CDR					0.00%	0.00%	0.00%
	3 Months Avg CDR					0.00%	0.00%	0.00%
	12 Months Avg CDR
	Avg CDR Since Cut-off					0.00%	0.00%	0.00%
	SDA					0.00%	0.00%	0.00%
	3 Months Avg SDA Approximation					0.00%	0.00%	0.00%
	12 Months Avg SDA Approximation
	Avg SDA Since Cut-off Approximation					0.00%	0.00%	0.00%
	Loss Severity Approximation for Current Period
	3 Months Avg Loss Severity Approximation
	12 Months Avg Loss Severity Approximation
	Avg Loss Severity Approximation Since Cut-off
	Group 1
	Group 2
CDR by Groups					Total CDR
SDA by Groups					Total SDA
				Page 21 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 22 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Realized Loss Report for October 27, 2003 Distribution
	Realized Loss Report for November 25, 2003 Distribution
	Realized Loss Report - Collateral
	Group 1
	Group 2
CDR Avg since Cut-Off by Groups					Total CDR Avg since Cut-Off
SDA Avg since Cut-Off by Groups					Total SDA Avg since Cut-Off
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))
Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn) * (1-MDRn+1) .......(1-MDRm)]^(1/months in period n,m)
Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
Average SDA Approximation over period between the nth month and mth month:
AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))
Average WASn,m: (WASn + WASn+1 +.......+ WASm )/(number of months in the period n,m)
Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)
Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
Dates correspond to distribution dates.
				Page 22 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 23 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Realized Loss Detail Report for October 27, 2003 Distribution
	Realized Loss Detail Report for November 25, 2003 Distribution
	Realized Loss Detail Report - Loans Liquidated During Current Distribution
SUMMARY						LOAN GROUP
Total Loan Count = 0						Loan Group 1 = Group 1 Group
Total Original Principal Balance = 0.00						Loan Group 2 = Group 2 Group
Total Prior Principal Balance = 0.00
Total Realized Loss Amount = 0.00
Total Net Liquidation Proceeds = 0.00
Note: Total Realized Loss Amount may include adjustments to loans liquidated in prior periods.
Loan Number			Original	Prior		Current	State &
&		Loan	Principal	Principal	Realized	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Balance	Loss/(Gain)	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK
					Page 23 of 25				© COPYRIGHT 2003 Deutsche Bank
					Page 24 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Triggers, Adj. Rate Cert. and Miscellaneous Report for October 27, 2003 Distribution
	Triggers, Adj. Rate Cert. and Miscellaneous Report for November 25, 2003 Distribution
	Triggers, Adj. Rate Cert. and Miscellaneous Report
TRIGGER EVENTS						GROUP 2	GROUP 1	TOTAL
	Has a Stepdown Date occurred?							No
	Does Trigger Event exist?							No
	1. Does (A) exceed (B)?							No
	(A) Delinquency Percentage (quotient of (x) over (y))							0.1155%
	(x) 60+ Day Delinq. Loans (incl. FCLs, REOs & BKs)							16,~~418~~838,~~307~~726.5751
	(y) Stated Principal Balance of the Mortgage Loans							1,~~254~~241,~~609~~755,~~372~~679.9785
	(B) 16.00%							16.0000%
	2. Does (A) exceed (B)?							No
	(A) Realized Loss % (quotient of (x) over (y))							0.0000%
	(x) Aggregate Realized Losses to date							0.00
	(y) Cut-off Date Principal Bal. of the Mortgage Loans							1,272,266,177.15
	(B) Applicable Percentage							100.0000%
	Credit Enhancement Percentage							1415.~~9576~~1124%
ADJUSTABLE RATE CERTIFICATE INFORMATION						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION						GROUP 2	GROUP 1	TOTAL
				Page 24 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 25 of 26				© COPYRIGHT 2003 Deutsche Bank
	Argent Mortgage Securities, Inc. 2003-W1
	Mortgage Pass-Through Certificates
	Other Related Information for October 27, 2003 Distribution
	Other Related Information for November 25, 2003 Distribution
	Other Related Information
ADDITIONAL INFORMATION						GROUP 2	GROUP 1	TOTAL
	Net WAC Rate Carryover Amt: Class A-1							0.00
	Net WAC Rate Carryover Amt: Class A-2							0.00
	Net WAC Rate Carryover Amt: Class A-3							0.00
	Net WAC Rate Carryover Amt: Class A-4							0.00
	Net WAC Rate Carryover Amt: Class A-5							0.00
	Net WAC Rate Carryover Amt: Class M-1							0.00
	Net WAC Rate Carryover Amt: Class M-2							0.00
	Net WAC Rate Carryover Amt: Class M-3							0.00
	Net WAC Rate Carryover Amt: Class M-4							0.00
	Net WAC Rate Carryover Amt: Class M-5							0.00
	Net WAC Rate Carryover Amt: Class MV-6							0.00
	Net WAC Rate Carryover Amt: Class MF-6							~~1,283~~0.0700
	Net WAC Rate Carryover Amt: Class A-1 Unpaid							0.00
	Net WAC Rate Carryover Amt: Class A-2 Unpaid							0.00
	Net WAC Rate Carryover Amt: Class A-3 Unpaid							0.00
	Net WAC Rate Carryover Amt: Class A-4 Unpaid							0.00
	Net WAC Rate Carryover Amt: Class A-5 Unpaid							0.00
	Net WAC Rate Carryover Amt: Class M-1 Unpaid							0.00
	Net WAC Rate Carryover Amt: Class M-2 Unpaid							0.00
	Net WAC Rate Carryover Amt: Class M-3 Unpaid							0.00
	Net WAC Rate Carryover Amt: Class M-4 Unpaid							0.00
	Net WAC Rate Carryover Amt: Class M-5 Unpaid							0.00
	Net WAC Rate Carryover Amt: Class MV-6 Unpaid							0.00
	Net WAC Rate Carryover Amt: Class MF-6 Unpaid							0.00
				Page 25 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 26 of 26				© COPYRIGHT 2003 Deutsche Bank

Filing Compare · ARGENT SEC INC ASSET BACKED PAS THR CER SER 2003-WI