UNITED STATES 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): ~~April~~September 2627, 2004 ~~ARGENT~~(Date ~~SECURITIES~~of ~~INC.~~earliest ~~(as~~event ~~depositor,~~reported) ~~Ameriquest~~Argent ~~Mortgage~~Securities ~~Company,~~Inc. ~~Master~~(as ~~Servicer,~~Depositor ~~and~~under ~~Deutsche~~the ~~Bank~~Pooling ~~National~~and ~~Trust~~Servicing ~~Company~~Agreement, dated as ~~Trustee).~~March ~~ARGENT~~1, ~~SECURITIES~~2004, ~~INC~~providing ~~ASSET~~for ~~BACK~~the ~~PASS~~issuance ~~THR~~of ~~CERTS~~Asset-Backed ~~SER~~Pass-Through ~~2004~~Certificates, Series 2004-W3) (Exact name of ~~Registrant~~registrant as specified in ~~its Charter~~charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-109164-03 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) 541-9960 (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b)) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 58.01 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 79.01 Financial ~~Statement~~Statements and Exhibits (c) Exhibits: ~~(as~~Exhibit ~~noted~~No. inDescription ~~Item~~99.1 ~~5 above)~~ Monthly Remittance Statement to the Certificateholders dated as of ~~April~~September 2627, 2004. ~~SIGNATURE~~Signatures 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 aTrustee ~~duly~~under ~~authorized agent of~~ the ~~Registrant pursuant to the~~ Pooling and Servicing Agreement, ~~dated~~on asbehalf of ~~March~~Argent ~~1,2004~~Mortgage Securities Inc., Registrant Date: ~~Apr~~Sep 2627, 2004 By: /s/ Katherine M. Wannenmacher Katherine M. Wannenmacher Vice President EXHIBIT INDEX DOCUMENT 99.1 Monthly Remittance Statement to the Certificateholders dated as of ~~April~~September 2627, 2004.

	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	April 26, 2004 Distribution
	September 27, 2004 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				12
			8.	Foreclosure Report				13
			9.	Prepayment Report				14
			10.	Prepayment Detail Report				17
			11.	Realized Loss Report				1819
			12.	Realized Loss Detail Report				2122
			13.	Triggers, Adj. Rate Cert. and Miscellaneous Report				2223
			14.	Other Related Information				2324
				Total Number of Pages				2324
			CONTACTS
				Administrator: Valerie Delgado
				Administrator: Nicholas Gisler
				Direct Phone Number: (714)247-6273
				Direct Phone Number: (714)247-6268
				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 Mtg Sec Inc					Cut-Off Date: March 1, 2004
	Certificate Insurer(s):							Closing Date: March 5, 2004
								First Payment Date: April 26, 2004
	Servicer(s):		Ameriquest Mortgage Corp Master Servicer
								Distribution Date: April 26, 2004
								Distribution Date: September 27, 2004
	Underwriter(s):		Bank of America Lead Underwriter					Record Date: ~~April~~September 2324, 2004
			Deutsche Bank Lead Underwriter					~~March~~August 31, 2004
			RBS Greenwich Capital Co-Lead Underwriter
						Page 1 of 23					© COPYRIGHT 2004 Deutsche Bank
						Page 1 of 24					© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	REMIC II
	Certificate Payment Report for April 26, 2004 Distribution
	Certificate Payment Report for September 27, 2004 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		208,170,000.00			~~208~~154,~~170~~837,~~000~~952.0050	~~363~~244,~~834~~837.9051	612,~~742~~497,~~937~~441.4106	712,~~106~~742,~~772~~278.3157	-	-	~~201~~142,~~427~~340,~~062~~511.5944
A-2		125,520,000.00			125,520,000.00	~~239~~211,~~324~~135.8010	-	~~239~~211,~~324~~135.8010	-	-	125,520,000.00
A-3		121,560,000.00			121,560,000.00	~~265~~225,~~135~~645.8775	-	~~265~~225,~~135~~645.8775	-	-	121,560,000.00
M-1		8,500,000.00			8,500,000.00	3123,~~308~~881.3346	-	3123,~~308~~881.3346	-	-	8,500,000.00
M-2		8,000,000.00			8,000,000.00	3224,~~355~~310.5600	-	3224,~~355~~310.5600	-	-	8,000,000.00
M-3		5,000,000.00			5,000,000.00	2015,~~944~~652.4408	-	2015,~~944~~652.4408	-	-	5,000,000.00
M-4		5,000,000.00			5,000,000.00	2921,~~972~~381.2225	-	2921,~~972~~381.2225	-	-	5,000,000.00
M-5		7,250,000.00			7,250,000.00	3526,~~605~~018.5644	-	3526,~~605~~018.5644	-	-	7,250,000.00
CE		11,000,266.43			11,000,~~266~~008.4306	1,~~584~~617,~~510~~853.7467	~~258.37~~-	1,~~584~~617,~~769~~853.1167	-	-	11,000,008.06
P		100.00			100.00	50218,~~770~~105.2885	-	50218,~~770~~105.2885	-	-	100.00
R		-			-	-	-	-	-	-	-
Total		500,000,366.43			~~500~~446,~~000~~668,~~366~~060.4356	2,~~653~~628,~~762~~821.7011	612,~~743~~497,~~195~~441.7806	915,~~396~~126,~~958~~262.4817	-	-	~~493~~434,~~257,~~170,619.6550
	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	0308/0525/04	0409/2326/04		A-Act/360	040104FU0	208,170,000.00	~~1,000~~743.~~000000~~805315	1.~~747778~~176142	3260.~~391494~~034784	3461.~~139272~~210927	~~967~~683.~~608506~~770531
A-2	0308/0525/04	0409/2326/04		A-Act/360	040104FV8	125,520,000.00	1,000.000000	1.~~906667~~682083	-	1.~~906667~~682083	1,000.000000
A-3	0308/0525/04	0409/2326/04		A-Act/360	040104FW6	121,560,000.00	1,000.000000	21.~~181111~~856250	-	21.~~181111~~856250	1,000.000000
M-1	0308/0525/04	0409/2326/04		A-Act/360	040104FX4	8,500,000.00	1,000.000000	32.~~683333~~809584	-	32.~~683333~~809584	1,000.000000
M-2	0308/0525/04	0409/2326/04		A-Act/360	040104FY2	8,000,000.00	1,000.000000	43.~~044445~~038750	-	43.~~044445~~038750	1,000.000000
M-3	0308/0525/04	0409/2326/04		A-Act/360	040104FZ9	5,000,000.00	1,000.000000	43.~~188888~~130416	-	43.~~188888~~130416	1,000.000000
M-4	0308/0525/04	0409/2326/04		A-Act/360	040104GA3	5,000,000.00	1,000.000000	54.~~994444~~276250	-	54.~~994444~~276250	1,000.000000
M-5	0308/0525/04	0409/2326/04		A-Act/360	040104GB1	7,250,000.00	1,000.000000	43.~~911112~~588750	-	43.~~911112~~588750	1,000.000000
CE	0308/01/04	0308/31/04		A-30/360		11,000,266.43	~~1,000~~999.~~000000~~976512	~~144~~147.~~042942~~074044	~~0.023488~~-	~~144~~147.~~066430~~074044	999.976512
P	0308/01/04	0308/31/04		A-30/360		100.00	1,000.000000	~~507~~2,~~702~~181,058.~~800000~~500000	-	~~507~~2,~~702~~181,058.~~800000~~500000	1,000.000000
R	0308/01/04	0308/31/04		A-30/360		-	-	-	-	-	-
							Page 2 of 23				© COPYRIGHT 2004 Deutsche Bank
							Page 2 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	REMIC II
	Certificate Payment Report for April 26, 2004 Distribution
	Certificate Payment Report for September 27, 2004 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	208,170,000.00		~~363~~1,~~834~~448,141.9029		663,~~315~~352,~~513~~461.5295	~~427~~2,~~423~~477,026.8961	665,~~742~~829,~~937~~488.4156	767,~~106~~277,~~772~~629.3185	-	-	~~201~~142,~~427~~340,~~062~~511.5944
A-2	125,520,000.00		~~239~~1,~~324~~065,577.8063		-	-	-	~~239~~1,~~324~~065,577.8063	-	-	125,520,000.00
A-3	121,560,000.00		~~265~~1,~~135~~164,122.8772		-	-	-	~~265~~1,~~135~~164,122.8772	-	-	121,560,000.00
M-1	8,500,000.00		31131,~~308~~984.3393		-	-	-	31131,~~308~~984.3393	-	-	8,500,000.00
M-2	8,000,000.00		32135,~~355~~665.56		-	-	-	32135,~~355~~665.56	-	-	8,000,000.00
M-3	5,000,000.00		2087,~~944~~652.4408		-	-	-	2087,~~944~~652.4408	-	-	5,000,000.00
M-4	5,000,000.00		29123,~~972~~415.2298		-	-	-	29123,~~972~~415.2298	-	-	5,000,000.00
M-5	7,250,000.00		35147,~~605~~838.5658		-	-	-	35147,~~605~~838.5658	-	-	7,250,000.00
CE	11,000,266.43		111,~~584~~059,~~510~~024.7496		241.99	16.38	258.37	111,~~584~~059,~~769~~283.1133	-	-	11,000,008.06
P	100.00		50937,~~770~~488.2861		-	-	-	50937,~~770~~488.2861	-	-	100.00
R	-		-		-	-	-	-	-	-	-
Total	500,000,366.43		216,~~653~~300,~~762~~912.7034		663,~~315~~352,~~755~~703.5194	~~427~~2,~~440~~477,042.2799	665,~~743~~829,~~195~~746.7893	982,~~396~~130,~~958~~659.4827	-	-	~~493~~434,~~257,~~170,619.6550
	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.~~21000~~72500%	~~208~~154,~~170~~837,~~000~~952.0050			~~363~~244,~~834~~837.9051	-	-	-	~~363~~244,~~834~~837.9051	~~363~~244,~~834~~837.9051	-
A-2	1.~~32000~~83500%	125,520,000.00			~~239~~211,~~324~~135.8010	-	-	-	~~239~~211,~~324~~135.8010	~~239~~211,~~324~~135.8010	-
A-3	12.~~51000~~02500%	121,560,000.00			~~265~~225,~~135~~645.8775	-	-	-	~~265~~225,~~135~~645.8775	~~265~~225,~~135~~645.8775	-
M-1	23.~~55000~~06500%	8,500,000.00			3123,~~308~~881.3346	-	-	-	3123,~~308~~881.3346	3123,~~308~~881.3346	-
M-2	23.~~80000~~31500%	8,000,000.00			3224,~~355~~310.5600	-	-	-	3224,~~355~~310.5600	3224,~~355~~310.5600	-
M-3	23.~~90000~~41500%	5,000,000.00			2015,~~944~~652.4408	-	-	-	2015,~~944~~652.4408	2015,~~944~~652.4408	-
M-4	34.~~74857~~66500%	5,000,000.00			2921,~~972~~381.2225	-	-	-	2921,~~972~~381.2225	2921,~~972~~381.2225	-
M-5	3.~~40000~~91500%	7,250,000.00			3526,~~605~~018.5644	-	-	-	3526,~~605~~018.5644	3526,~~605~~018.5644	-
CE	0.~~31690~~36220%	11,000,~~266~~008.4306			1,~~584~~617,~~510~~853.7467	-	-	-	1,~~584~~617,~~510~~853.7467	1,~~584~~617,~~510~~853.7467	-
P		100.00			50218,~~770~~105.2885	-	-	-	50218,~~770~~105.2885	50218,~~770~~105.2885	-
R		-			-	-	-	-	-	-	-
Total		~~500~~446,~~000~~668,~~366~~060.4356			2,~~653~~628,~~762~~821.7011	-	-	-	2,~~653~~628,~~762~~821.7011	2,~~653~~628,~~762~~821.7011	-
							Page 3 of 23				© COPYRIGHT 2004 Deutsche Bank
							Page 3 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Collection Account Report for April 26, 2004 Distribution
	Collection Account Report for September 27, 2004 Distribution
	Collection Account Report
SUMMARY								TOTAL
	Principal Collections							612,~~743~~497,~~195~~441.7806
	Principal Other Accounts							0.00
	TOTAL NET PRINCIPAL							612,~~743~~497,~~195~~441.7806
	Interest Collections							2,~~810~~494,~~829~~546.3592
	Interest other withdrawals							(~~207~~83,~~836~~831.9366)
	Interest other accounts							50218,~~770~~105.2885
	TOTAL NET INTEREST							2,~~653~~628,~~762~~821.7011
	TOTAL AVAILABLE FUNDS FOR DISTRIBUTION							915,~~396~~126,~~958~~262.4817
PRINCIPAL - COLLECTIONS								TOTAL
	Scheduled Principal Received							~~427~~394,~~440~~322.2720
	Prepayments In Full							612,~~150~~518,~~180~~526.5753
	Curtailments							33(415,~~882~~407.6867)
	Liquidations							0.00
	Insurance Principal							0.00
	Repurchased Principal Amounts							~~131,692~~0.2600
	Other Principal							0.00
	Total Realized Loss Of Principal							0.00
	Delinquent Principal							(~~345~~335,~~706~~586.3897)
	Advanced Principal							~~345~~335,~~706~~586.3897
	TOTAL PRINCIPAL COLLECTED							612,~~743~~497,~~195~~441.7806
				Page 4 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 4 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Collection Account Report for April 26, 2004 Distribution
	Collection Account Report for September 27, 2004 Distribution
	Collection Account Report
PRINCIPAL - WITHDRAWALS								TOTAL
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS								TOTAL
	TOTAL OTHER ACCOUNTS PRINCIPAL							0.00
INTEREST - COLLECTIONS								TOTAL
	Scheduled Interest							2,~~977~~650,~~621~~609.6167
	Liquidation Interest							0.00
	Repurchased Interest							~~801~~0.1300
	Insurance Interest							0.00
	Other Interest							0.00
	Relief Act Interest Shortfalls							0.00
	Prepayment Interest Shortfalls							(39,~~283~~937.5705)
	Compensating Interest							39,~~283~~937.5705
	Delinquent Interest							(2,~~405~~227,~~692~~113.5962)
	Interest Advanced							2,~~238~~071,~~098~~049.4374
	Reserve Fund Interest earning							01.7713
	TOTAL INTEREST COLLECTED							2,~~810~~494,~~829~~546.3592
				Page 5 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 5 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Collection Account Report for April 26, 2004 Distribution
	Collection Account Report for September 27, 2004 Distribution
	Collection Account Report
INTEREST - WITHDRAWALS								TOTAL
	Trust Fund Expenses							0.00
	Nonrecoverable Advances							0.00
	Reimbursements to Master Servicer							0.00
	TOTAL INTEREST WITHDRAWALS							0.00
INTEREST - OTHER ACCOUNTS								TOTAL
	Prepayment Charges							50218,~~770~~105.2885
	Master Servicer Prepayment Charge Payment Amount							0.00
	TOTAL INTEREST OTHER ACCOUNTS							50218,~~770~~105.2885
INTEREST - FEES								TOTAL
	Current Servicing Fees							4030,~~739~~047.3381
	Trustee Fee							21,~~083~~861.3312
	Certificate Insurer Premium amount							~~165~~51,~~014~~922.2773
	TOTAL INTEREST OTHER FEES							~~207~~83,~~836~~831.9366
				Page 6 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 6 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Credit Enhancement Report for April 26, 2004 Distribution
	Credit Enhancement Report for September 27, 2004 Distribution
	Credit Enhancement Report
ACCOUNTS								TOTAL
SPACE INTENTIONALLY LEFT BLANK
INSURANCE								TOTAL
SPACE INTENTIONALLY LEFT BLANK
STRUCTURAL FEATURES								TOTAL
	Overcollateralized Amount							11,000,~~266~~008.4306
	Overcollateralization Reduction Amount							~~258~~0.3700
	Overcollateralization Deficiency Amount							0.00
	Overcollateralization Target Amount							11,000,008.06
	Excess Overcollateralization Amount							~~258~~0.3700
	Overcollateralization Increase Amount							0.00
				Page 7 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 7 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Collateral Report for April 26, 2004 Distribution
	Collateral Report for September 27, 2004 Distribution
	Collateral Report
COLLATERAL								TOTAL
	Loan Count:
	Original							2826
	Prior							-2,581
	Prefunding							-
	Scheduled Paid Offs							-
	Full Voluntary Prepayments							(3164)
	Repurchases							~~(1)~~-
	Liquidations							-
	Current							2,~~794~~518
	Principal Balance:
	Original							500,000,366.43
	Prior							-446,668,060.56
	Prefunding							-
	Scheduled Principal							(~~427~~394,~~440~~322.2720)
	Partial and Full Voluntary Prepayments							(612,~~184~~103,~~063~~118.2586)
	Repurchases							~~(131,692.26)~~-
	Liquidations							-
	Current							~~493~~434,~~257,~~170,619.6550
PREFUNDING								TOTAL
SPACE INTENTIONALLY LEFT BLANK
Current Prin Balance by Groups (in millions of dollars)					Total Current Principal Balance (in millions of dollars)
				Page 8 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 8 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Collateral Report for April 26, 2004 Distribution
	Collateral Report for September 27, 2004 Distribution
	Collateral Report
CHARACTERISTICS								TOTAL
	Weighted Average Coupon Original							7.148209%
	Weighted Average Coupon Prior							7.129025%
	Weighted Average Coupon Current							7.~~148209~~121019%
	Weighted Average Months to Maturity Original							353
	Weighted Average Months to Maturity Prior							-349
	Weighted Average Months to Maturity Current							~~353~~348
	Weighted Avg Remaining Amortization Term Original							344
	Weighted Avg Remaining Amortization Term Prior							-350
	Weighted Avg Remaining Amortization Term Current							~~344~~349
	Weighted Average Seasoning Original							3.51
	Weighted Average Seasoning Prior							-7.49
	Weighted Average Seasoning Current							38.5149
Note: Original information refers to deal issue.
WAC by Groups					Total WAC
WARAT by Groups					Total WARAT
Note: Dates correspond to distribution dates.
				Page 9 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 9 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Collateral Report for April 26, 2004 Distribution
	Collateral Report for September 27, 2004 Distribution
	Collateral Report
ARM CHARACTERISTICS								TOTAL
	Weighted Average Margin Original							3.673%
	Weighted Average Margin Prior							03.~~000~~607%
	Weighted Average Margin Current							3.~~673~~578%
	Weighted Average Max Rate Original							8.517%
	Weighted Average Max Rate Prior							08.~~000~~343%
	Weighted Average Max Rate Current							8.~~517~~275%
	Weighted Average Min Rate Original							4.670%
	Weighted Average Min Rate Prior							04.~~000~~573%
	Weighted Average Min Rate Current							4.~~670~~532%
	Weighted Average Cap Up Original							0.641%
	Weighted Average Cap Up Prior							0.~~000~~628%
	Weighted Average Cap Up Current							0.~~641~~624%
	Weighted Average Cap Down Original							0.641%
	Weighted Average Cap Down Prior							0.~~000~~628%
	Weighted Average Cap Down Current							0.~~641~~624%
Note: Original information refers to deal issue.
SERVICING FEES / ADVANCES								TOTAL
	Current Servicing Fees							4030,~~739~~047.3381
	Delinquent Servicing Fees							~~167~~156,~~594~~063.1688
	TOTAL SERVICING FEES							~~208~~186,~~333~~111.4969
	Compensating Interest							(39,~~283~~937.5705)
	Delinquent Servicing Fees							(~~167~~156,~~594~~063.1688)
	COLLECTED SERVICING FEES							3720,~~455~~110.76
	Aggregate Advances with respect to this Distribution							2,~~583~~406,~~804~~636.8171
	Current Nonrecoverable Advances							0.00
	Cumulative Nonrecoverable Advances							0.00
ADDITIONAL COLLATERAL INFORMATION								TOTAL
	Net Prepayment Interest Shortfall							0.00
				Page 10 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 10 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Delinquency Report for April 26, 2004 Distribution
	Delinquency Report for September 27, 2004 Distribution
	Delinquency Report - Total
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			~~267~~5,~~309~~314,621.3227	-3,131,423.91	-1,936,704.71	~~267~~10,~~309~~382,749.3289
		% Balance			01.0522%	0.0072%	0.0045%	02.0539%
		# Loans			130	-20	-12	162
		% # Loans			01.0419%	0.0079%	0.0048%	02.0446%
FORECLOSURE		Balance		-	-	-	-4,865,323.97	-4,865,323.97
		% Balance		0.00%	0.00%	0.00%	01.0012%	01.0012%
		# Loans		-	-	-	-31	-31
		% # Loans		0.00%	0.00%	0.00%	01.0023%	01.0023%
BANKRUPTCY		Balance		~~642~~968,~~171~~467.4112	-214,199.80	-	-409,730.10	~~642~~1,~~171~~592,397.4102
		% Balance		0.1322%	0.0005%	0.00%	0.0009%	0.1337%
		# Loans		47	-1	-	-3	411
		% # Loans		0.1428%	0.0004%	0.00%	0.0012%	0.1444%
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		~~642~~968,~~171~~467.4112	~~267~~5,~~309~~528,821.3207	-3,131,423.91	-7,211,758.78	~~909~~16,~~480~~840,470.7388
		% Balance		0.1322%	01.0527%	0.0072%	01.0066%	03.1888%
		# Loans		47	131	-20	-46	5104
		% # Loans		0.1428%	01.0423%	0.0079%	01.0083%	04.1813%
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 23				© COPYRIGHT 2004 Deutsche Bank
				Page 11 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	REO Report for April 26, 2004 Distribution
	REO Report for September 27, 2004 Distribution
	REO Report - Mortgage Loans that Become REO During Current Distribution
SUMMARY				LOAN GROUP
Total Loan Count = 0				Loan Group 1 = Group 1; REO Book Value = 000.00
Total Original Principal Balance = 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 12 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 12 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Foreclosure Report for April 26, 2004 Distribution
	Foreclosure Report for September 27, 2004 Distribution
	Foreclosure Report - Mortgage Loans that Become Foreclosure During Current Distribution
SUMMARY				LOAN GROUP
Total Loan Count = 0				Loan Group 1 = Group 1
Total Loan Count = 18				Loan Group 1 = Group 1
Total Original Principal Balance = 000.00
Total Original Principal Balance = 2,551,470.00
Total Current Balance = 000.00
Total Current Balance = 2,536,415.61
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
53587036 1		75,000.00	74,533.98	Mar-01-04	8.000%	TX - 87.21%	360	Nov-24-03
				Page 13 of 23				© COPYRIGHT 2004 Deutsche Bank
53800157 1		67,500.00	67,077.05	Mar-01-04	7.950%	MO - 90.00%	360	Nov-24-03
53810719 1		100,800.00	100,169.46	Mar-01-04	8.500%	IL - 90.00%	360	Oct-31-03
53838975 1		220,000.00	218,791.08	Mar-01-04	8.000%	NY - 80.00%	360	Dec-05-03
53852117 1		72,000.00	71,592.03	Feb-01-04	8.450%	OH - 90.00%	360	Nov-07-03
53924619 1		266,000.00	264,678.45	Apr-01-04	8.500%	MA - 95.00%	360	Dec-03-03
54183934 1		73,100.00	72,702.21	Apr-01-04	8.650%	MO - 85.00%	360	Nov-14-03
54224837 1		76,500.00	75,975.65	Apr-01-04	7.500%	IA - 90.00%	360	Dec-05-03
54226832 1		202,300.00	201,057.67	Mar-01-04	8.050%	RI - 85.00%	360	Nov-26-03
54478797 1		190,000.00	188,762.31	Mar-01-04	7.150%	NY - 95.00%	360	Dec-15-03
54521794 1		78,850.00	78,274.30	Feb-01-04	6.550%	OH - 95.00%	360	Dec-03-03
54544754 1		84,420.00	83,951.42	Mar-01-04	7.950%	MD - 90.00%	360	Dec-18-03
54587290 1		288,000.00	286,034.62	Feb-01-04	6.900%	NY - 80.00%	360	Dec-09-03
54713797 1		313,500.00	311,760.03	Apr-01-04	7.950%	OR - 95.00%	360	Dec-16-03
54782511 1		68,000.00	67,587.30	Apr-01-04	7.500%	MI - 85.00%	360	Dec-15-03
54825195 1		193,500.00	192,498.94	Mar-01-04	8.300%	WI - 90.00%	360	Dec-05-03
54851654 1		68,000.00	67,553.58	Apr-01-04	7.100%	OH - 85.00%	360	Dec-17-03
55378137 1		114,000.00	113,415.53	Feb-01-04	8.350%	FL - 95.00%	360	Dec-31-03
				Page 13 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Prepayment Report for April 26, 2004 Distribution
	Prepayment Report for September 27, 2004 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENTS								TOTAL
	Current
	Number of Paid in Full Loans							3164
	Number of Repurchased Loans							1-
	Total Number of Loans Prepaid in Full							3264
	Paid in Full Balance							612,~~150~~518,~~180~~526.5753
	Repurchased Loans Balance							~~131,692.26~~-
	Curtailments Amount							33(415,~~882~~407.6867)
	Total Prepayment Amount							612,~~315~~103,~~755~~118.5186
	Cumulative
	Number of Paid in Full Loans							31307
	Number of Repurchased Loans							12
	Total Number of Loans Prepaid in Full							32309
	Paid in Full Balance							663,~~150~~438,~~180~~801.5777
	Repurchased Loans Balance							~~131~~197,~~692~~136.2649
	Curtailments Amount							33(283,~~882~~234.6832)
	Total Prepayment Amount							663,~~315~~352,~~755~~703.5194
SPACE INTENTIONALLY LEFT BLANK
Total Prepayments by Groups (in thousands of dollars)					Total Prepayments (in thousands of dollars)
				Page 14 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 14 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Prepayment Report for April 26, 2004 Distribution
	Prepayment Report for September 27, 2004 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENT RATES								TOTAL
	SMM							12.2671%
	3 Months Avg SMM							2.81%
	12 Months Avg SMM
	Avg SMM Since Cut-off							12.2624%
	CPR							1428.1610%
	3 Months Avg CPR							29.00%
	12 Months Avg CPR
	Avg CPR Since Cut-off							1423.1681%
	PSA							~~2018~~1655.9916%
	3 Months Avg PSA Approximation							1935.36%
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation							~~2018~~1984.9956%
CPR by Groups					Total CPR
PSA by Groups					Total PSA
				Page 15 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 15 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Prepayment Report for April 26, 2004 Distribution
	Prepayment Report for September 27, 2004 Distribution
	Prepayment Report - Voluntary Prepayments
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 PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*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 16 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 16 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Prepayment Detail Report for April 26, 2004 Distribution
	Prepayment Detail Report for September 27, 2004 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
SUMMARY						LOAN GROUP
Total Loan Count = 32						Loan Group 1 = Group 1
Total Loan Count = 64						Loan Group 1 = Group 1
Total Original Principal Balance = 6,294,435.00
Total Original Principal Balance = 12,597,505.00
Total Prepayment Amount = 6,281,872.83
Total Prepayment Amount = 12,518,526.53
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
52694759 1			130,000.00	129,434.02	Mar-26-04	6.750%	CA - 20.00%	Paid Off - 360	Sep-19-03
52694676 1			111,500.00	110,816.48	Aug-30-04	8.600%	WA - 69.69%	Paid Off - 360	Sep-30-03
52931359 1			133,000.00	132,589.39	Mar-17-04	7.350%	NM - 81.60%	Paid Off - 360	Oct-30-03
52839479 1			175,500.00	174,237.20	Aug-26-04	7.800%	CA - 90.00%	Paid Off - 360	Sep-23-03
53701272 1			237,500.00	237,033.13	Apr-06-04	8.150%	IL - 95.00%	Paid Off - 360	Nov-10-03
53006219 1			85,200.00	84,907.07	Sep-03-04	10.850%	OK - 60.00%	Paid Off - 360	Oct-24-03
53770293 1			405,000.00	404,372.46	Mar-17-04	7.300%	NY - 90.00%	Paid Off - 360	Dec-01-03
53052452 1			190,000.00	188,913.44	Aug-31-04	7.800%	CA - 95.00%	Paid Off - 360	Dec-10-03
53792156 1			72,900.00	72,809.43	Mar-03-04	10.350%	OH - 90.00%	Paid Off - 360	Nov-28-03
53195830 1			188,500.00	187,611.35	Aug-12-04	9.350%	NY - 65.00%	Paid Off - 360	Nov-05-03
53950259 1			357,700.00	356,761.78	Apr-07-04	6.700%	IL - 95.00%	Paid Off - 360	Nov-12-03
53221677 1			103,500.00	102,387.96	Aug-13-04	8.050%	CA - 90.00%	Paid Off - 360	Oct-03-03
53951893 1			222,775.00	222,492.79	Apr-08-04	8.300%	MA - 95.00%	Paid Off - 360	Dec-02-03
53525838 1			290,700.00	288,878.89	Sep-07-04	7.950%	FL - 95.00%	Paid Off - 360	Nov-07-03
53954178 1			252,000.00	251,609.54	Apr-01-04	7.300%	CA - 90.00%	Paid Off - 360	Dec-16-03
53526315 1			189,905.00	188,665.60	Sep-01-04	7.150%	CO - 95.00%	Paid Off - 360	Nov-19-03
53984092 1			60,000.00	59,873.39	Apr-07-04	7.800%	MI - 80.00%	Paid Off - 360	Nov-18-03
53569158 1			111,000.00	110,339.49	Aug-26-04	7.600%	NJ - 68.18%	Paid Off - 360	Nov-14-03
53992293 1			72,250.00	72,010.54	Mar-15-04	6.990%	CA - 85.00%	Paid Off - 360	Nov-03-03
53652376 1			115,200.00	114,700.97	Aug-27-04	8.500%	FL - 80.00%	Paid Off - 360	Dec-10-03
54009394 1			199,500.00	199,115.72	Mar-18-04	8.250%	IL - 95.00%	Paid Off - 360	Nov-06-03
53775318 1			141,000.00	140,075.54	Aug-11-04	6.400%	FL - 75.00%	Paid Off - 360	Jan-02-04
54113436 1			422,750.00	421,658.14	Mar-25-04	8.400%	NV - 95.00%	Paid Off - 360	Dec-09-03
53818738 1			102,600.00	101,948.28	Aug-23-04	7.600%	FL - 60.00%	Paid Off - 360	Nov-26-03
54141395 1			139,500.00	139,288.11	Mar-09-04	7.400%	MA - 90.00%	Paid Off - 360	Dec-15-03
53825030 1			285,000.00	283,232.32	Aug-12-04	8.000%	CA - 95.00%	Paid Off - 360	Nov-13-03
54148838 1			255,000.00	254,404.07	Apr-07-04	7.300%	NY - 89.47%	Paid Off - 360	Dec-04-03
53869855 1			283,500.00	281,987.01	Aug-18-04	8.250%	MD - 90.00%	Paid Off - 360	Nov-17-03
54323936 1			110,200.00	110,010.07	Mar-02-04	8.800%	AZ - 95.00%	Paid Off - 360	Nov-28-03
53944278 1			247,000.00	245,346.80	Aug-16-04	7.000%	MD - 94.64%	Paid Off - 360	Dec-02-03
54469655 1			495,000.00	493,857.40	Mar-29-04	7.350%	CA - 90.00%	Paid Off - 360	Dec-05-03
54079512 1			125,250.00	124,512.09	Aug-24-04	7.650%	FL - 75.00%	Paid Off - 360	Nov-10-03
54492939 1			256,000.00	255,526.80	Apr-06-04	6.400%	NY - 80.00%	Paid Off - 360	Dec-10-03
54105051 1			256,500.00	254,906.14	Aug-31-04	7.380%	IL - 95.00%	Paid Off - 360	Nov-18-03
54579057 1			185,250.00	184,989.76	Apr-09-04	7.790%	CA - 93.56%	Paid Off - 360	Dec-05-03
54121157 1			169,000.00	168,013.10	Sep-03-04	7.000%	NY - 65.00%	Paid Off - 360	Dec-03-03
54606652 1			124,450.00	124,270.17	Apr-09-04	7.650%	IL - 95.00%	Paid Off - 360	Dec-12-03
54136577 1			61,200.00	60,972.69	Aug-24-04	9.250%	IL - 85.00%	Paid Off - 360	Dec-02-03
54625777 1			154,000.00	153,642.61	Mar-18-04	5.200%	CA - 76.62%	Paid Off - 360	Dec-18-03
54152517 1			238,500.00	237,228.26	Aug-12-04	8.150%	MO - 90.00%	Paid Off - 360	Nov-19-03
54634191 1			174,000.00	173,822.63	Mar-24-04	9.350%	CA - 75.00%	Paid Off - 360	Dec-03-03
54174636 1			370,500.00	367,468.77	Aug-19-04	5.950%	CA - 95.00%	Paid Off - 360	Nov-21-03
54763776 1			342,000.00	341,379.97	Mar-08-04	6.500%	CA - 95.00%	Paid Off - 360	Dec-17-03
54176953 1			90,000.00	89,598.08	Aug-18-04	8.350%	FL - 75.00%	Paid Off - 360	Dec-03-03
54797212 1			198,000.00	197,751.72	Mar-08-04	8.350%	IL - 90.00%	Paid Off - 360	Dec-23-03
54181516 1			110,000.00	109,345.45	Aug-11-04	7.600%	AZ - 83.33%	Paid Off - 360	Dec-01-03
54814330 1			110,200.00	110,068.73	Mar-30-04	8.600%	FL - 95.00%	Paid Off - 360	Dec-17-03
54194436 1			252,000.00	250,485.69	Aug-25-04	7.550%	CA - 70.00%	Paid Off - 360	Nov-21-03
55100432 1			420,000.00	419,181.48	Mar-04-04	6.125%	CA - 80.00%	Paid Off - 360	Dec-24-03
54209853 1			375,000.00	373,265.12	Aug-25-04	8.850%	ME - 89.07%	Paid Off - 360	Nov-29-03
55158158 1			67,500.00	67,349.60	Apr-09-04	7.650%	IN - 90.00%	Paid Off - 360	Dec-23-03
54269758 1			117,000.00	116,761.10	Aug-31-04	12.050%	MN - 60.00%	Paid Off - 360	Dec-31-03
55338438 1			64,800.00	64,711.85	Mar-02-04	7.950%	IL - 90.00%	Paid Off - 360	Dec-30-03
54289533 1			247,500.00	246,012.73	Aug-20-04	7.550%	IL - 90.00%	Paid Off - 360	Nov-20-03
55528897 1			75,000.00	74,960.70	Apr-09-04	9.200%	FL - 75.00%	Paid Off - 360	Jan-20-04
54325774 1			114,000.00	113,321.21	Aug-12-04	6.900%	MD - 91.20%	Paid Off - 360	Dec-22-03
58755000 1			108,360.00	108,146.49	Mar-02-04	9.550%	CA - 90.00%	Paid Off - 360	Oct-20-03
54367636 1			165,000.00	163,937.82	Aug-13-04	7.200%	NY - 55.00%	Paid Off - 360	Nov-24-03
60335148 1			224,000.00	223,335.42	Mar-11-04	7.550%	CA - 80.00%	Paid Off - 360	Oct-30-03
54389473 1			234,500.00	233,602.98	Aug-23-04	9.400%	CA - 70.00%	Paid Off - 360	Dec-23-03
63998702 1			93,800.00	93,722.66	Mar-22-04	10.350%	FL - 70.00%	Paid Off - 360	Dec-31-03
54398250 1			285,000.00	283,620.42	Aug-31-04	7.950%	CA - 95.00%	Paid Off - 360	Dec-08-03
54061171 1			132,000.00	131,692.26	Mar-26-04	7.300%	TX - 80.00%	Repur/Subs - 360	Nov-24-03
54432794 1			174,500.00	173,112.07	Sep-10-04	6.100%	CA - 82.70%	Paid Off - 360	Dec-11-03
					Page 17 of 23				© COPYRIGHT 2004 Deutsche Bank
54436977 1			237,500.00	235,749.40	Aug-20-04	6.500%	CA - 95.00%	Paid Off - 360	Nov-24-03
54468095 1			64,000.00	62,439.43	Aug-31-04	7.650%	CA - 51.20%	Paid Off - 180	Dec-01-03
54478433 1			289,750.00	288,154.49	Sep-08-04	7.300%	IL - 95.00%	Paid Off - 360	Dec-12-03
54489794 1			220,500.00	219,525.20	Aug-13-04	8.400%	FL - 90.00%	Paid Off - 360	Dec-22-03
54518717 1			200,000.00	198,876.88	Sep-08-04	7.200%	RI - 80.00%	Paid Off - 360	Dec-04-03
54531397 1			102,000.00	101,420.34	Sep-07-04	7.150%	MO - 79.69%	Paid Off - 360	Dec-03-03
54549191 1			180,500.00	179,156.76	Aug-13-04	6.450%	CT - 95.00%	Paid Off - 360	Dec-05-03
54572532 1			326,400.00	324,637.74	Aug-26-04	7.400%	CO - 85.00%	Paid Off - 360	Dec-05-03
54601232 1			208,250.00	206,799.79	Aug-31-04	6.850%	MD - 85.00%	Paid Off - 360	Dec-04-03
54606330 1			417,000.00	413,638.55	Aug-12-04	5.300%	CA - 94.77%	Paid Off - 360	Dec-15-03
54615075 1			216,000.00	214,322.06	Sep-03-04	5.500%	CA - 77.14%	Paid Off - 360	Dec-29-03
54643598 1			82,800.00	82,411.12	Sep-10-04	8.100%	WI - 90.00%	Paid Off - 360	Dec-11-03
					Page 17 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Realized Loss Report for April 26, 2004 Distribution
	Prepayment Detail Report for September 27, 2004 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
54645510 1			154,800.00	153,955.95	Sep-09-04	7.350%	AZ - 90.00%	Paid Off - 360	Dec-29-03
54648191 1			114,000.00	113,154.72	Aug-31-04	5.750%	CA - 57.87%	Paid Off - 360	Dec-12-03
54693775 1			94,500.00	94,004.67	Aug-18-04	7.550%	CA - 90.00%	Paid Off - 360	Jan-02-04
54722855 1			120,000.00	119,442.04	Aug-30-04	8.150%	MI - 80.00%	Paid Off - 360	Dec-15-03
54731039 1			174,300.00	173,261.53	Aug-24-04	6.950%	MN - 70.00%	Paid Off - 360	Dec-17-03
54738711 1			450,000.00	447,594.26	Aug-17-04	7.450%	CA - 90.00%	Paid Off - 360	Dec-19-03
54757455 1			255,000.00	253,701.66	Aug-24-04	8.100%	CA - 82.26%	Paid Off - 360	Dec-17-03
54788872 1			285,900.00	284,386.56	Aug-13-04	7.500%	IL - 94.98%	Paid Off - 360	Dec-10-03
54823570 1			102,500.00	102,046.85	Aug-26-04	8.400%	IL - 74.28%	Paid Off - 360	Dec-29-03
54840392 1			234,000.00	232,175.26	Aug-18-04	5.500%	CA - 90.00%	Paid Off - 360	Dec-19-03
54878434 1			156,750.00	155,801.30	Aug-27-04	6.850%	NV - 95.00%	Paid Off - 360	Dec-19-03
54901731 1			155,000.00	153,882.62	Aug-11-04	5.900%	MN - 65.96%	Paid Off - 360	Dec-29-03
54938295 1			305,000.00	303,130.47	Aug-12-04	6.750%	CA - 92.71%	Paid Off - 360	Dec-15-03
55110977 1			68,850.00	68,467.14	Aug-24-04	7.250%	OH - 90.00%	Paid Off - 360	Dec-30-03
55211536 1			117,000.00	116,444.91	Sep-07-04	8.050%	MD - 90.00%	Paid Off - 360	Dec-31-03
61913307 1			204,250.00	203,356.15	Aug-16-04	8.450%	IL - 95.00%	Paid Off - 360	Dec-16-03
63068340 1			164,000.00	163,274.73	Aug-19-04	8.400%	CA - 80.00%	Paid Off - 360	Dec-09-03
63728406 1			224,000.00	222,848.94	Aug-31-04	7.650%	IL - 80.00%	Paid Off - 360	Dec-15-03
64442643 1			348,650.00	343,190.20	Aug-17-04	7.850%	CA - 95.00%	Paid Off - 360	Dec-24-03
65539207 1			318,750.00	317,062.69	Aug-23-04	7.500%	CA - 85.00%	Paid Off - 360	Dec-31-03
					Page 18 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Realized Loss Report for September 27, 2004 Distribution
	Realized Loss Report - Collateral
COLLATERAL REALIZED LOSSES								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.
SPACE INTENTIONALLY LEFT BLANK
							3 Months Moving Average
Collateral Loss Severity Approximation by Groups					Collateral Loss Severity Approximation
				Page 18 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 19 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Realized Loss Report for April 26, 2004 Distribution
	Realized Loss Report for September 27, 2004 Distribution
	Realized Loss Report - Collateral
DEFAULT SPEEDS								TOTAL
	MDR							0.00%
	3 Months Avg MDR							0.00%
	12 Months Avg MDR
	Avg MDR Since Cut-off							0.00%
	CDR							0.00%
	3 Months Avg CDR							0.00%
	12 Months Avg CDR
	Avg CDR Since Cut-off							0.00%
	SDA							0.00%
	3 Months Avg SDA Approximation							0.00%
	12 Months Avg SDA Approximation
	Avg SDA Since Cut-off Approximation							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
CDR by Groups					Total CDR
SDA by Groups					Total SDA
				Page 19 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 20 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Realized Loss Report for April 26, 2004 Distribution
	Realized Loss Report for September 27, 2004 Distribution
	Realized Loss Report - Collateral
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 20 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 21 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Realized Loss Detail Report for April 26, 2004 Distribution
	Realized Loss Detail Report for September 27, 2004 Distribution
	Realized Loss Detail Report - Loans Liquidated During Current Distribution
SUMMARY							LOAN GROUP
Total Loan Count Current Losses = 0
Total Loan Count Revisions = 0						Loan Group 1 = Group 1
Total Prior Principal Balance = 0.00
Total Current Realized Loss Amount = 0.00
Total Revisions Amount = 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			Current	State &		Prior	Realized		Cumulative
&		Loan	Note	LTV at	Original	Principal	Loss/(Gain)	Realized	Realized
Loan Group		Status	Rate	Origination	Term	Balance	Revisions	Loss/(Gain)	Loss/(Gain)
SPACE INTENTIONALLY LEFT BLANK
					Page 21 of 23				© COPYRIGHT 2004 Deutsche Bank
					Page 22 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Triggers, Adj. Rate Cert. and Miscellaneous Report for April 26, 2004 Distribution
	Triggers, Adj. Rate Cert. and Miscellaneous Report for September 27, 2004 Distribution
	Triggers, Adj. Rate Cert. and Miscellaneous Report
TRIGGER EVENTS								TOTAL
	Credit Enhancement Percentage							97.7747%
	Certficate Insurer Default in effect?							No
	Master Servicer Event of Default in effect?							No
	Master Servicer Ternination Test in effect?							No
	Optional Termination Date in effect?							No
	Stepdown Date in effect?							No
	Trigger event in effect?							No
ADJUSTABLE RATE CERTIFICATE INFORMATION								TOTAL
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION								TOTAL
	Certificate Factor : Class A-1							4028.2947%
	Certificate Factor : Class A-2							25.10%
	Certificate Factor : Class A-3							24.31%
	Certificate Factor : Class M-1							1.70%
	Certificate Factor : Class M-2							1.60%
	Certificate Factor : Class M-3							1.00%
	Certificate Factor : Class M-4							1.00%
	Certificate Factor : Class M-5							1.45%
				Page 22 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 23 of 24				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W3
	Mortgage Pass-Through Certificates
	Other Related Information for April 26, 2004 Distribution
	Other Related Information for September 27, 2004 Distribution
	Other Related Information
ADDITIONAL INFORMATION								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 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							~~2,899~~0.1800
	Net WAC Rate Carryover Amt: Class M-5							0.00
	Net WAC Rate Carryover Amt paid : Class A-1							0.00
	Net WAC Rate Carryover Amt paid : Class A-2							0.00
	Net WAC Rate Carryover Amt paid : Class A-3							0.00
	Net WAC Rate Carryover Amt paid : Class M-1							0.00
	Net WAC Rate Carryover Amt paid : Class M-2							0.00
	Net WAC Rate Carryover Amt paid : Class M-3							0.00
	Net WAC Rate Carryover Amt paid : Class M-4							~~2,899~~0.1800
	Net WAC Rate Carryover Amt paid : Class M-5							0.00
	Net WAC Rate Carryover Amt unpaid : Class A-1							0.00
	Net WAC Rate Carryover Amt unpaid : Class A-2							0.00
	Net WAC Rate Carryover Amt unpaid : Class A-3							0.00
	Net WAC Rate Carryover Amt unpaid : Class M-1							0.00
	Net WAC Rate Carryover Amt unpaid : Class M-2							0.00
	Net WAC Rate Carryover Amt unpaid : Class M-3							0.00
	Net WAC Rate Carryover Amt unpaid : Class M-4							0.00
	Net WAC Rate Carryover Amt unpaid : Class M-5							0.00
	Net Wac Reserve Account beginning balance							1,~~000~~004.0027
	Add : Interest on Reserve Account							01.7713
	Add : Deposits							~~2,899~~0.1800
	Less : Withdrawals							~~(2,899~~0.~~95)~~00
	Net WAC Reserve Account ending balance							1,~~000~~005.0040
	Libor for Current Period							1.1062%
	Current Period loan level losses							0.00
	Current Recoveries or Losses from Prior periods							0.00
	Total Current Losses							0.00
	Payments Received under Cap Contracts							0.00
	Class A-1 next pass-through rate							1.2195%
	Class A-2 next pass-through rate							12.3206%
	Class A-3 next pass-through rate							12.5125%
	Class M-1 next pass-through rate							23.5529%
	Class M-2 next pass-through rate							23.8054%
	Class M-3 next pass-through rate							23.9064%
	Class M-4 next pass-through rate							34.7589%
	Class M-5 next pass-through rate							34.4014%
				Page 23 of 23				© COPYRIGHT 2004 Deutsche Bank
				Page 24 of 24				© COPYRIGHT 2004 Deutsche Bank

Filing Compare · ARGENT SECURITIES INC ASSET BACK PASS THR CERTS SER 2004 W3