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 event reported) Argent Securities Inc. (as ~~depositor,~~Depositor ~~Ameriquest~~under ~~Mortgage~~the ~~Company,~~Pooling ~~Master~~and ~~Servicer~~Servicing Agreement, ~~and~~dated ~~Deutsche~~as ~~Bank~~March ~~National~~1, ~~Trust Company~~2004, asproviding ~~Trustee).~~for ~~ARGENT~~the ~~SECURITIES~~issuance ~~ASSET~~of ~~BCKED~~Asset-Backed ~~PASS~~Pass-Through ~~THROUGH~~Certificates, ~~CERTS~~Series ~~SER~~ 2004 -W4) (Exact name of ~~Registrant~~registrant as specified in ~~its Charter~~charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-109164-05 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-W4
	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
				Total Number of Pages				2223
			CONTACTS
				Administrator: Valerie Delgado
				Administrator:
				Direct Phone Number: (714)247-6273
				Direct Phone Number:
				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~~Mtg ~~Corp~~Sec Inc					Cut-Off Date: March 1, 2004
	Certificate Insurer(s):							Closing Date: March 9, 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):		Ameriquest Mortgage Corp					Record Date: ~~April~~September 2324, 2004
			J. P. Morgan
			Merrill Lynch & Co.
						Page 1 of 22					© COPYRIGHT 2004 Deutsche Bank
						Page 1 of 23					© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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		463,250,000.00			~~463~~412,~~250~~021,~~000~~388.0078	~~840~~708,~~026~~161.6776	513,~~321~~650,~~685~~080.2970	614,~~161~~358,~~711~~242.9646	-	-	~~457~~398,~~928~~371,~~314~~308.7108
M-1		7,500,000.00			7,500,000.00	2722,~~000~~103.0013	-	2722,~~000~~103.0013	-	-	7,500,000.00
M-2		5,000,000.00			5,000,000.00	1915,~~000~~422.0092	-	1915,~~000~~422.0092	-	-	5,000,000.00
M-3		6,250,000.00			6,250,000.00	3426,~~166~~440.6710	-	3426,~~166~~440.6710	-	-	6,250,000.00
M-4		5,750,000.00			5,750,000.00	2319,~~766~~054.6706	-	2319,~~766~~054.6706	-	-	5,750,000.00
CE		12,249,918.50			12,~~249~~250,~~918~~000.5045	1,~~713~~516,~~784~~004.5475	-	1,~~713~~516,~~784~~004.5475	-	~~81.95~~-	12,250,000.45
P		100.00			100.00	65227,~~055~~380.0502	-	65227,~~055~~380.0502	-	-	100.00
R		-			-	-	-	-	-	-	-
Total		500,000,018.50			~~500~~448,~~000~~771,~~018~~489.5023	2,~~722~~534,~~799~~566.6074	513,~~321~~650,~~685~~080.2970	816,~~044~~184,~~484~~647.8944	-	~~81.95~~-	~~494~~435,~~678~~121,~~415~~408.1653
	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	0308/0925/04	0409/2526/04		A-Act/360	040104GC9	463,250,000.00	~~1,000~~889.~~000000~~414763	1.~~813333~~528682	1129.~~487718~~465905	1330.~~301051~~994587	~~988~~859.~~512282~~948857
M-1	0308/0925/04	0409/2526/04		A-Act/360	040104GD7	7,500,000.00	1,000.000000	32.~~600000~~947084	-	32.~~600000~~947084	1,000.000000
M-2	0308/0925/04	0409/2526/04		A-Act/360	040104GE5	5,000,000.00	1,000.000000	3.~~800000~~084584	-	3.~~800000~~084584	1,000.000000
M-3	0308/0925/04	0409/2526/04		A-Act/360	040104GF2	6,250,000.00	1,000.000000	54.~~466667~~230416	-	54.~~466667~~230416	1,000.000000
M-4	0308/0925/04	0409/2526/04		A-Act/360	040104GG0	5,750,000.00	1,000.000000	43.~~133334~~313750	-	43.~~133334~~313750	1,000.000000
CE				A-30/360		12,249,918.50	1,000.~~000000~~006690	~~139~~123.~~901710~~756313	-	~~139~~123.~~901710~~756313	1,000.006690
P				-		100.00	1,000.000000	~~650~~2,~~550~~273,800.~~500000~~200000	-	~~650~~2,~~550~~273,800.~~500000~~200000	1,000.000000
R				-		-	-	-	-	-	-
							Page 2 of 22				© COPYRIGHT 2004 Deutsche Bank
							Page 2 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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	463,250,000.00		~~840~~3,~~026~~772,387.6715		~~425~~2,~~858~~473,214.9468	462,~~895~~405,~~826~~477.3524	564,~~321~~878,~~685~~691.2992	668,~~161~~651,~~711~~079.9607	-	-	~~457~~398,~~928~~371,~~314~~308.7108
M-1	7,500,000.00		27120,~~000~~644.0080		-	-	-	27120,~~000~~644.0080	-	-	7,500,000.00
M-2	5,000,000.00		1984,~~000~~638.0019		-	-	-	1984,~~000~~638.0019	-	-	5,000,000.00
M-3	6,250,000.00		34149,~~166~~634.6754		-	-	-	34149,~~166~~634.6754	-	-	6,250,000.00
M-4	5,750,000.00		23105,~~766~~399.6790		-	-	-	23105,~~766~~399.6790	-	-	5,750,000.00
CE	12,249,918.50		111,~~713~~078,~~784~~165.5460		-	-	-	111,~~713~~078,~~784~~165.5460	-	81.9596	12,250,000.45
P	100.00		65946,~~055~~111.0501		-	-	-	65946,~~055~~111.0501	-	-	100.00
R	-		-		-	-	-	-	-	-	-
Total	500,000,018.50		216,~~722~~256,~~799~~981.6019		~~425~~2,~~858~~473,214.9468	462,~~895~~405,~~826~~477.3524	564,~~321~~878,~~685~~691.2992	881,~~044~~135,~~484~~673.8911	-	81.9596	~~494~~435,~~678~~121,~~415~~408.1653
	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.~~36000~~87500%	~~463~~412,~~250~~021,~~000~~388.0078			~~840~~708,~~026~~161.6776	-	-	-	~~840~~708,~~026~~161.6776	~~840~~708,~~026~~161.6776	-
M-1	23.~~70000~~21500%	7,500,000.00			2722,~~000~~103.0013	-	-	-	2722,~~000~~103.0013	2722,~~000~~103.0013	-
M-2	23.~~85000~~36500%	5,000,000.00			1915,~~000~~422.0092	-	-	-	1915,~~000~~422.0092	1915,~~000~~422.0092	-
M-3	4.~~04928~~61500%	6,250,000.00			3426,~~166~~440.6710	-	-	-	3426,~~166~~440.6710	3426,~~166~~440.6710	-
M-4	3.~~10000~~61500%	5,750,000.00			2319,~~766~~054.6706	-	-	-	2319,~~766~~054.6706	2319,~~766~~054.6706	-
CE	4.05429%	12,~~249~~250,~~918~~000.5045			1,~~713~~516,~~784~~004.5475	-	-	-	1,~~713~~516,~~784~~004.5475	1,~~713~~516,~~866~~004.4975	-
P		100.00			65227,~~055~~380.0502	-	-	-	65227,~~055~~380.0502	65227,~~055~~380.0502	-
R		-			-	-	-	-	-	-	-
Total		~~500~~448,~~000~~771,~~018~~489.5023			2,~~722~~534,~~799~~566.6074	-	-	-	2,~~722~~534,~~799~~566.6074	2,~~722~~534,~~881~~566.5574	-
							Page 3 of 22				© COPYRIGHT 2004 Deutsche Bank
							Page 3 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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							513,~~321~~548,~~603~~420.3453
	Principal Withdrawals							0.00
	Principal Other Accounts							0.00
	TOTAL NET PRINCIPAL							513,~~321~~548,~~603~~420.3453
	Interest Collections							2,~~773~~484,~~255~~885.2836
	Interest Withdrawals							0.00
	Interest Other Accounts							65227,~~055~~381.0515
	Interest Fees							(~~115~~76,~~428~~039.7760)
	TOTAL NET INTEREST							2,~~722~~636,~~881~~226.5691
	TOTAL AVAILABLE FUNDS FOR DISTRIBUTION							816,~~044~~184,~~484~~647.9044
PRINCIPAL - COLLECTIONS								TOTAL
	Scheduled Principal Received							~~425~~393,~~858~~554.94
	Prepayments In Full							412,~~549~~594,~~126~~043.4081
	Curtailments							3342,~~857~~616.5608
	Liquidations							0540,945.0016
	Insurance Principal							0.00
	Repurchased Principal Amounts							~~312~~78,~~760~~920.4471
	Other Principal							0.00
	Total Realized Loss Of Principal							0.00
	Delinquent Principal							(~~425~~392,~~596~~095.6750)
	Advanced Principal							~~425~~392,~~596~~095.6750
	TOTAL PRINCIPAL COLLECTED							513,~~321~~548,~~603~~420.3453
				Page 4 of 22				© COPYRIGHT 2004 Deutsche Bank
				Page 4 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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
SPACE INTENTIONALLY LEFT BLANK
INTEREST - COLLECTIONS								TOTAL
	Scheduled Interest							2,~~977~~661,~~563~~659.7219
	Liquidation Interest							03,608.0053
	Repurchased Interest							~~1,859~~624.4779
	Insurance Interest							0.00
	Other Interest							0.00
	Relief Act Interest Shortfalls							0(205.0021)
	Prepayment Interest Shortfalls							620,~~895~~143.7301
	Compensating Interest							(620,~~895~~143.7301)
	Delinquent Interest							(2,~~947~~575,~~903~~212.9887)
	Interest Advanced							2,~~741~~394,~~736~~410.0793
	TOTAL INTEREST COLLECTED							2,~~773~~484,~~255~~885.2836
				Page 5 of 22				© COPYRIGHT 2004 Deutsche Bank
				Page 5 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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							65227,~~055~~380.0502
	Capitalized Interest Requirement							0.00
	Net WAC Reserve Account Interest Earnings							1.13
	TOTAL INTEREST OTHER ACCOUNTS							65227,~~055~~381.0515
INTEREST - FEES								TOTAL
	Current Servicing Fees							26,~~165~~186.4419
	Insurance Fee							~~111~~67,~~180~~983.0053
	Trustee Fee							21,~~083~~869.3388
	TOTAL INTEREST OTHER FEES							~~115~~76,~~428~~039.7760
				Page 6 of 22				© COPYRIGHT 2004 Deutsche Bank
				Page 6 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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
	Net WAC Rate Carryover Reserve Account							0.00
	Beginning Net WAC Rate Carryover Reserve Account							1,000.00
	Deposits to Net WAC Rate Carryover Reserve Account							0.00
	Withdrawals from Net WAC Rate Carryover Reserve Account							0.00
	Ending Net WAC Rate Carryover Reserve Account							1,000.00
INSURANCE								TOTAL
SPACE INTENTIONALLY LEFT BLANK
STRUCTURAL FEATURES								TOTAL
	Overcollateralized Amount							12,250,000.45
	Overcollateralization Release Amount							0.00
	Overcollateralization Deficiency Amount							81101,660.9517
	Overcollateralization Target Amount							12,250,000.45
	Excess Overcollateralization Amount							0.00
	Overcollateralization Increase Amount							81101,660.9517
				Page 7 of 22				© COPYRIGHT 2004 Deutsche Bank
				Page 7 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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							2813
	Prior							-2,580
	Prefunding							-
	Scheduled Paid Offs							-
	Full Voluntary Prepayments							(2670)
	Repurchases							(21)
	Liquidations							-(2)
	Current							2,~~785~~507
	Principal Balance:
	Original							500,000,018.50
	Prior							-448,771,489.23
	Prefunding							-
	Scheduled Principal							(~~425~~393,~~858~~554.94)
	Partial and Full Voluntary Prepayments							(412,~~582~~636,~~983~~659.9689)
	Repurchases							(~~312~~78,~~760~~920.4471)
	Liquidations							-(540,945.16)
	Current							~~494~~435,~~678~~121,~~415~~408.1653
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 22				© COPYRIGHT 2004 Deutsche Bank
				Page 8 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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							7.150615%
	Weighted Average Coupon Prior							7.133420%
	Weighted Average Coupon Current							7.~~150615~~128508%
	Weighted Average Months to Maturity Original							354
	Weighted Average Months to Maturity Prior							-349
	Weighted Average Months to Maturity Current							~~354~~348
	Weighted Avg Remaining Amortization Term Original							352
	Weighted Avg Remaining Amortization Term Prior							-348
	Weighted Avg Remaining Amortization Term Current							~~352~~347
	Weighted Average Seasoning Original							4.48
	Weighted Average Seasoning Prior							-8.46
	Weighted Average Seasoning Current							49.4845
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 22				© COPYRIGHT 2004 Deutsche Bank
				Page 9 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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							3.751%
	Weighted Average Margin Prior							03.~~000~~691%
	Weighted Average Margin Current							3.~~751~~664%
	Weighted Average Max Rate Original							8.692%
	Weighted Average Max Rate Prior							08.~~000~~552%
	Weighted Average Max Rate Current							8.~~692~~486%
	Weighted Average Min Rate Original							4.768%
	Weighted Average Min Rate Prior							04.~~000~~688%
	Weighted Average Min Rate Current							4.~~768~~650%
	Weighted Average Cap Up Original							0.654%
	Weighted Average Cap Up Prior							0.~~000~~644%
	Weighted Average Cap Up Current							0.~~654~~639%
	Weighted Average Cap Down Original							0.654%
	Weighted Average Cap Down Prior							0.~~000~~644%
	Weighted Average Cap Down Current							0.~~654~~639%
Note: Original information refers to deal issue.
SERVICING FEES / ADVANCES								TOTAL
	Current Servicing Fees							26,~~165~~186.4419
	Delinquent Servicing Fees							~~206~~180,~~167~~801.9193
	TOTAL SERVICING FEES							~~208~~186,~~333~~988.3512
	Aggregate Advances with respect to this Distribution							32,~~167~~786,~~332~~506.7443
	Current Nonrecoverable Advances							0.00
	Cumulative Nonrecoverable Advances							0.00
ADDITIONAL COLLATERAL INFORMATION								TOTAL
	Net Prepayment Interest Shortfall							0.00
				Page 10 of 22				© COPYRIGHT 2004 Deutsche Bank
				Page 10 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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			-6,711,211.39	-2,667,686.41	-1,926,700.18	-11,305,597.98
		% Balance			01.0054%	0.0061%	0.0044%	02.0060%
		# Loans			-37	-16	-13	-66
		% # Loans			01.0048%	0.0064%	0.0052%	02.0063%
FORECLOSURE		Balance		-	-	-	-2,397,947.39	-2,397,947.39
		% Balance		0.00%	0.00%	0.00%	0.0055%	0.0055%
		# Loans		-	-	-	-14	-14
		% # Loans		0.00%	0.00%	0.00%	0.0056%	0.0056%
BANKRUPTCY		Balance		~~187~~1,~~437~~116,236.3517	-223,576.29	-417,728.78	-321,752.99	~~187~~2,~~437~~079,294.3523
		% Balance		0.0426%	0.0005%	0.0010%	0.0007%	0.0448%
		# Loans		28	-1	-2	-1	212
		% # Loans		0.0732%	0.0004%	0.0008%	0.0004%	0.0748%
REO		Balance		-	-	-	-74,519.26	-74,519.26
		% Balance		0.00%	0.00%	0.00%	0.0002%	0.0002%
		# Loans		-	-	-	-1	-1
		% # Loans		0.00%	0.00%	0.00%	0.0004%	0.0004%
TOTAL		Balance		~~187~~1,~~437~~116,236.3517	-6,934,787.68	-3,085,415.19	-4,720,919.82	~~187~~15,~~437~~857,358.3586
		% Balance		0.0426%	01.0059%	0.0071%	01.0008%	03.0464%
		# Loans		28	-38	-18	-29	293
		% # Loans		0.0732%	01.0052%	0.0072%	01.0016%	03.0771%
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 22				© COPYRIGHT 2004 Deutsche Bank
				Page 11 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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 Loan Count = 1				Loan Group 1 = Group 1; REO Book Value = Not Available
Total Original Principal Balance = 000.00
Total Original Principal Balance = 74,800.00
Total Current Balance = 000.00
Total Current Balance = 74,519.26
REO Book Value = 000.00
REO Book Value = Not Available
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
54835970 1		74,800.00	74,519.26	Feb-01-04	9.200%	MI - 85.00%	360	Jan-14-04
				Page 12 of 22				© COPYRIGHT 2004 Deutsche Bank
				Page 12 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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 = 9				Loan Group 1 = Group 1
Total Original Principal Balance = 000.00
Total Original Principal Balance = 1,472,900.00
Total Current Balance = 000.00
Total Current Balance = 1,462,904.51
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
53852471 1		128,000.00	127,123.31	Apr-01-04	7.500%	CA - 80.00%	360	Nov-26-03
				Page 13 of 22				© COPYRIGHT 2004 Deutsche Bank
53903118 1		99,000.00	98,301.63	Mar-01-04	7.350%	IN - 90.00%	360	Nov-18-03
54322375 1		432,000.00	428,828.80	Apr-01-04	7.150%	MI - 90.00%	360	Nov-20-03
54397831 1		292,500.00	290,649.18	Apr-01-04	7.900%	IL - 94.36%	360	Nov-19-03
54504915 1		88,000.00	87,476.43	Mar-01-04	8.550%	OR - 80.00%	360	Dec-01-03
54606074 1		68,400.00	68,056.68	Apr-01-04	8.450%	MI - 90.00%	360	Dec-08-03
54606090 1		95,000.00	94,306.39	Feb-01-04	6.550%	OH - 84.82%	360	Dec-04-03
54639570 1		63,000.00	62,602.34	Mar-01-04	7.300%	MI - 90.00%	360	Dec-05-03
54808498 1		207,000.00	205,559.75	Mar-01-04	6.800%	MN - 90.00%	360	Dec-15-03
				Page 13 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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							2670
	Number of Repurchased Loans							21
	Total Number of Loans Prepaid in Full							2871
	Paid in Full Balance							412,~~549~~594,~~126~~043.4081
	Repurchased Loans Balance							~~312~~78,~~760~~920.4471
	Curtailments Amount							3342,~~857~~616.5608
	Total Prepayment Amount							412,~~895~~715,~~744~~580.4060
	Cumulative
	Number of Paid in Full Loans							26301
	Number of Repurchased Loans							23
	Total Number of Loans Prepaid in Full							28304
	Paid in Full Balance							461,~~549~~254,~~126~~792.4081
	Repurchased Loans Balance							~~312~~391,~~760~~681.4415
	Curtailments Amount							33217,~~857~~976.5617
	Total Prepayment Amount							461,~~895~~864,~~744~~450.4013
SPACE INTENTIONALLY LEFT BLANK
Total Prepayments by Groups (in thousands of dollars)					Total Prepayments (in thousands of dollars)
				Page 14 of 22				© COPYRIGHT 2004 Deutsche Bank
				Page 14 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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							02.9884%
	3 Months Avg SMM							2.74%
	12 Months Avg SMM
	Avg SMM Since Cut-off							02.9819%
	CPR							1129.1519%
	3 Months Avg CPR							28.35%
	12 Months Avg CPR
	Avg CPR Since Cut-off							1123.1529%
	PSA							~~1245~~1544.0414%
	3 Months Avg PSA Approximation							1675.57%
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation							~~1245~~1671.0485%
CPR by Groups					Total CPR
PSA by Groups					Total PSA
				Page 15 of 22				© COPYRIGHT 2004 Deutsche Bank
				Page 15 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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 22				© COPYRIGHT 2004 Deutsche Bank
				Page 16 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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 = 28						Loan Group 1 = Group 1
Total Loan Count = 71						Loan Group 1 = Group 1
Total Original Principal Balance = 4,874,964.00
Total Original Principal Balance = 12,752,892.00
Total Prepayment Amount = 4,861,886.84
Total Prepayment Amount = 12,672,964.52
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
52163987 1			112,000.00	111,315.66	Apr-09-04	6.875%	FL - 74.67%	Paid Off - 360	Sep-09-03
52840337 1			391,000.00	388,675.15	Aug-18-04	8.750%	MN - 85.00%	Paid Off - 360	Sep-30-03
53667556 1			62,000.00	60,949.42	Mar-24-04	9.000%	AZ - 62.63%	Paid Off - 360	Oct-22-03
53014072 1			101,560.00	100,777.07	Aug-24-04	7.450%	TX - 62.86%	Paid Off - 360	Sep-19-03
53698296 1			127,900.00	127,621.91	Apr-02-04	7.650%	GA - 87.07%	Paid Off - 360	Nov-10-03
53036034 1			128,000.00	127,191.24	Aug-20-04	8.450%	NV - 80.00%	Paid Off - 360	Oct-01-03
53981395 1			209,600.00	209,096.63	Mar-23-04	7.150%	MA - 84.52%	Paid Off - 360	Nov-26-03
53364519 1			125,000.00	124,439.20	Aug-16-04	9.000%	CA - 73.53%	Paid Off - 360	Nov-28-03
54125034 1			176,250.00	175,924.08	Apr-05-04	8.450%	MD - 75.00%	Paid Off - 360	Nov-17-03
53484911 1			114,750.00	114,156.32	Aug-23-04	8.300%	FL - 88.27%	Paid Off - 360	Nov-17-03
54194055 1			158,300.00	157,900.68	Mar-24-04	6.900%	RI - 68.83%	Paid Off - 360	Nov-26-03
53629630 1			126,000.00	125,212.39	Sep-07-04	7.350%	CT - 90.00%	Paid Off - 360	Nov-07-03
54209515 1			198,250.00	197,626.05	Mar-31-04	5.750%	CA - 65.00%	Paid Off - 360	Nov-24-03
53667853 1			206,200.00	204,497.05	Sep-02-04	5.900%	CA - 73.64%	Paid Off - 360	Nov-05-03
54220033 1			210,000.00	209,438.36	Apr-01-04	6.600%	CA - 92.11%	Paid Off - 360	Nov-25-03
53712295 1			140,000.00	139,166.38	Aug-27-04	6.900%	NY - 58.33%	Paid Off - 360	Dec-08-03
54222930 1			315,000.00	314,348.66	Apr-06-04	7.900%	NY - 90.00%	Paid Off - 360	Nov-18-03
53737839 1			194,750.00	193,484.87	Aug-25-04	6.450%	IL - 95.00%	Paid Off - 360	Dec-02-03
54244074 1			199,405.00	198,962.67	Mar-26-04	7.550%	IL - 95.00%	Paid Off - 360	Nov-07-03
53745956 1			184,500.00	183,615.87	Sep-01-04	8.000%	NM - 90.00%	Paid Off - 360	Dec-12-03
54290036 1			150,000.00	149,748.46	Mar-18-04	6.900%	MD - 65.79%	Paid Off - 360	Dec-05-03
53805537 1			95,000.00	94,569.38	Aug-16-04	8.950%	TN - 95.00%	Paid Off - 360	Nov-12-03
54295472 1			244,000.00	243,721.10	Mar-22-04	8.800%	CT - 80.00%	Paid Off - 360	Dec-09-03
53862272 1			67,500.00	67,195.73	Aug-18-04	10.350%	PA - 90.00%	Paid Off - 360	Nov-19-03
54384458 1			113,400.00	113,231.15	Mar-24-04	7.500%	UT - 90.00%	Paid Off - 360	Dec-12-03
53907218 1			137,750.00	136,524.26	Sep-03-04	5.500%	CA - 95.00%	Paid Off - 360	Dec-08-03
54410394 1			99,000.00	98,877.13	Mar-26-04	8.400%	FL - 90.00%	Paid Off - 360	Dec-03-03
53943817 1			114,400.00	113,843.04	Sep-09-04	8.600%	AZ - 80.00%	Paid Off - 360	Nov-17-03
54472295 1			233,000.00	230,916.01	Apr-01-04	6.450%	NJ - 84.73%	Paid Off - 360	Nov-26-03
53963211 1			225,000.00	223,138.65	Aug-12-04	5.900%	CA - 51.61%	Paid Off - 360	Nov-20-03
54485636 1			180,000.00	179,596.72	Mar-12-04	7.500%	CO - 90.00%	Paid Off - 360	Nov-24-03
53964490 1			391,500.00	389,170.54	Sep-07-04	7.600%	NY - 90.00%	Paid Off - 360	Nov-20-03
54508296 1			140,505.00	140,242.04	Mar-25-04	6.350%	WA - 95.00%	Paid Off - 360	Dec-05-03
54004395 1			113,850.00	113,145.29	Sep-10-04	7.400%	AZ - 90.00%	Paid Off - 360	Nov-05-03
54534755 1			68,400.00	68,311.56	Mar-23-04	8.200%	NC - 90.00%	Paid Off - 360	Dec-02-03
54024872 1			74,800.00	74,245.99	Sep-02-04	7.100%	FL - 85.00%	Paid Off - 360	Nov-04-03
54765334 1			80,850.00	80,747.57	Mar-31-04	8.300%	MO - 83.35%	Paid Off - 360	Dec-09-03
54072178 1			214,400.00	212,934.58	Aug-26-04	7.300%	CA - 80.00%	Paid Off - 360	Nov-19-03
54827878 1			315,000.00	314,456.05	Mar-30-04	6.750%	CA - 90.00%	Paid Off - 360	Dec-23-03
54102975 1			176,700.00	175,627.62	Aug-24-04	7.500%	NJ - 95.00%	Paid Off - 360	Nov-26-03
54828199 1			99,000.00	98,906.24	Apr-09-04	9.700%	MD - 90.00%	Paid Off - 360	Dec-30-03
54103759 1			138,920.00	137,990.19	Aug-26-04	7.000%	OR - 92.00%	Paid Off - 360	Nov-29-03
54941851 1			136,454.00	136,260.75	Mar-26-04	7.750%	CA - 45.49%	Paid Off - 360	Dec-18-03
54106349 1			412,500.00	407,974.23	Aug-19-04	5.600%	CA - 68.75%	Paid Off - 360	Oct-03-03
54958210 1			166,250.00	165,942.70	Mar-29-04	6.400%	OH - 95.00%	Paid Off - 360	Dec-16-03
54120571 1			215,600.00	214,391.36	Sep-09-04	7.900%	MN - 94.98%	Paid Off - 360	Nov-29-03
54965132 1			247,500.00	246,967.06	Apr-08-04	5.600%	CA - 73.88%	Paid Off - 360	Dec-23-03
54134515 1			267,000.00	265,282.64	Aug-31-04	6.500%	CA - 90.51%	Paid Off - 360	Dec-18-03
55008213 1			279,000.00	278,458.87	Apr-01-04	6.150%	CA - 90.00%	Paid Off - 360	Dec-17-03
54148093 1			256,500.00	255,440.40	Aug-31-04	9.400%	MI - 95.00%	Paid Off - 360	Nov-26-03
62624986 1			240,000.00	239,558.87	Mar-17-04	8.650%	CA - 84.51%	Paid Off - 360	Nov-24-03
54195276 1			181,500.00	180,493.58	Aug-31-04	7.990%	NJ - 57.62%	Paid Off - 360	Nov-26-03
54743257 1			63,900.00	63,196.39	Mar-31-04	8.850%	IN - 90.00%	Repur/Subs - 360	Jan-13-04
54196357 1			273,900.00	272,651.86	Aug-24-04	8.250%	CA - 83.00%	Paid Off - 360	Dec-15-03
54799473 1			250,000.00	249,564.05	Mar-15-04	6.700%	PA - 54.83%	Repur/Subs - 360	Dec-16-03
54211297 1			174,800.00	173,523.87	Aug-17-04	6.550%	CA - 95.00%	Paid Off - 360	Nov-25-03
					Page 17 of 22				© COPYRIGHT 2004 Deutsche Bank
54228499 1			252,000.00	249,976.73	Aug-26-04	6.050%	NY - 80.00%	Paid Off - 360	Dec-03-03
54229992 1			161,600.00	160,701.37	Aug-30-04	7.250%	CO - 80.00%	Paid Off - 360	Dec-15-03
54248315 1			142,000.00	141,076.95	Aug-31-04	7.150%	FL - 89.87%	Paid Off - 360	Nov-20-03
54292750 1			351,000.00	348,676.67	Sep-08-04	6.350%	CA - 90.00%	Paid Off - 360	Dec-11-03
54300371 1			228,000.00	226,287.00	Sep-08-04	6.400%	CA - 95.00%	Paid Off - 360	Nov-25-03
54326798 1			150,000.00	148,990.70	Aug-30-04	7.000%	KS - 94.94%	Paid Off - 360	Nov-19-03
54362959 1			360,000.00	357,076.76	Sep-09-04	5.990%	MA - 75.79%	Paid Off - 360	Nov-26-03
54393434 1			210,600.00	209,560.05	Sep-09-04	7.850%	MD - 89.62%	Paid Off - 360	Dec-10-03
54407036 1			60,480.00	60,178.35	Sep-09-04	7.800%	OH - 80.64%	Paid Off - 360	Dec-03-03
54417555 1			199,500.00	198,446.83	Sep-02-04	8.200%	WA - 95.00%	Paid Off - 360	Nov-29-03
54418736 1			106,200.00	105,561.79	Aug-11-04	7.550%	OR - 90.00%	Paid Off - 360	Dec-05-03
54422431 1			332,500.00	330,252.84	Aug-23-04	6.950%	CA - 95.00%	Paid Off - 360	Nov-29-03
54489539 1			142,000.00	140,810.26	Aug-27-04	6.800%	NY - 94.67%	Paid Off - 360	Nov-28-03
54514237 1			147,477.00	146,759.01	Aug-26-04	8.600%	NV - 95.00%	Paid Off - 360	Nov-25-03
54521810 1			135,500.00	133,283.69	Aug-19-04	5.550%	IL - 66.75%	Paid Off - 240	Dec-15-03
54571591 1			171,000.00	170,008.24	Sep-01-04	7.050%	PA - 95.00%	Paid Off - 360	Dec-03-03
					Page 17 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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
54598099 1			175,000.00	174,026.85	Aug-18-04	7.250%	MN - 87.94%	Paid Off - 360	Dec-10-03
54609771 1			112,500.00	111,921.70	Aug-17-04	8.200%	OH - 90.00%	Paid Off - 360	Dec-09-03
54614417 1			194,000.00	192,583.30	Aug-23-04	6.050%	NV - 94.63%	Paid Off - 360	Dec-30-03
54642616 1			99,000.00	98,500.40	Sep-09-04	7.750%	OH - 90.00%	Paid Off - 360	Dec-09-03
54682976 1			148,500.00	147,621.83	Aug-12-04	7.400%	OH - 90.00%	Paid Off - 360	Dec-08-03
54749171 1			85,000.00	84,716.14	Aug-11-04	9.000%	PA - 85.00%	Paid Off - 360	Jan-02-04
54768916 1			190,950.00	189,949.11	Sep-01-04	7.550%	IL - 95.00%	Paid Off - 360	Dec-17-03
54778857 1			136,800.00	135,999.62	Aug-23-04	6.990%	FL - 90.00%	Paid Off - 360	Dec-29-03
54807839 1			314,500.00	313,066.85	Aug-12-04	8.250%	MI - 85.00%	Paid Off - 360	Dec-12-03
54889936 1			174,790.00	173,697.67	Aug-30-04	6.650%	FL - 95.00%	Paid Off - 360	Dec-10-03
54941737 1			165,000.00	163,727.75	Aug-27-04	6.100%	MN - 89.67%	Paid Off - 360	Dec-22-03
54992219 1			94,905.00	94,426.88	Aug-31-04	7.750%	MD - 95.00%	Paid Off - 360	Dec-19-03
55098859 1			80,000.00	79,588.86	Sep-09-04	7.650%	FL - 80.00%	Paid Off - 360	Jan-02-04
55141675 1			342,000.00	339,648.36	Sep-03-04	6.150%	CA - 90.00%	Paid Off - 360	Dec-29-03
55160337 1			175,750.00	174,586.67	Aug-31-04	6.350%	FL - 95.00%	Paid Off - 360	Dec-31-03
55166672 1			207,100.00	205,914.06	Aug-24-04	7.100%	IL - 95.00%	Paid Off - 360	Dec-30-03
55214910 1			148,200.00	147,605.40	Sep-02-04	8.100%	CA - 95.00%	Paid Off - 360	Jan-16-04
55247191 1			97,500.00	97,130.44	Aug-25-04	9.750%	IL - 75.00%	Paid Off - 360	Jan-05-04
55543292 1			65,250.00	64,945.95	Aug-26-04	7.350%	MO - 75.00%	Paid Off - 360	Jan-27-04
55800379 1			85,405.00	85,048.29	Aug-31-04	7.900%	IL - 95.00%	Paid Off - 360	Jan-26-04
60751526 1			134,400.00	133,765.35	Aug-26-04	8.750%	CA - 80.00%	Paid Off - 360	Dec-10-03
60780822 1			60,000.00	59,609.94	Aug-27-04	7.150%	CA - 26.09%	Paid Off - 360	Nov-17-03
61981742 1			237,405.00	236,060.80	Sep-07-04	7.850%	CA - 95.00%	Paid Off - 360	Nov-20-03
63667463 1			472,500.00	470,494.42	Sep-02-04	8.600%	CA - 90.00%	Paid Off - 360	Dec-17-03
63765523 1			136,000.00	135,082.44	Aug-16-04	6.250%	IL - 73.51%	Paid Off - 360	Dec-18-03
64419963 1			148,000.00	147,318.74	Aug-11-04	8.200%	CA - 80.00%	Paid Off - 360	Dec-16-03
54483557 1			79,200.00	78,920.71	Sep-09-04	9.500%	WI - 90.00%	Repur/Subs - 360	Dec-09-03
					Page 18 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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							-2
	Collateral Realized Loss/(Gain) Amount							-101,660.17
	Net Liquidation Proceeds							-439,284.99
	Cumulative
	Number of Loans Liquidated							-2
	Collateral Realized Loss/(Gain) Amount							-101,660.17
	Net Liquidation Proceeds							-439,284.99
	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 22				© COPYRIGHT 2004 Deutsche Bank
				Page 19 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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							0.0012%
	3 Months Avg MDR							0.04%
	12 Months Avg MDR
	Avg MDR Since Cut-off							0.0002%
	CDR							01.0044%
	3 Months Avg CDR							0.48%
	12 Months Avg CDR
	Avg CDR Since Cut-off							0.0024%
	SDA							07.0060%
	3 Months Avg SDA Approximation							2.84%
	12 Months Avg SDA Approximation
	Avg SDA Since Cut-off Approximation							01.0073%
	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 22				© COPYRIGHT 2004 Deutsche Bank
				Page 20 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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.
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				Page 21 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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 Current Losses = 2
Total Loan Count Revisions = 0						Loan Group 1 = Group 1
Total Prior Principal Balance = 0.00
Total Prior Principal Balance = 540,945.16
Total Current Realized Loss Amount = 0.00
Total Current Realized Loss Amount = 101,660.17
Total Revisions Amount = 0.00
Total Realized Loss Amount = 0.00
Total Realized Loss Amount = 101,660.17
Total Net Liquidation Proceeds = 0.00
Total Net Liquidation Proceeds = 439,284.99
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
53866778 1			7.950%	UT - 95.00%	360	392,341.78		74,659.16
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54310354 1			8.150%	IN - 90.00%	360	148,603.38		27,001.01
					Page 22 of 23				© COPYRIGHT 2004 Deutsche Bank
	Argent Mortgage Securities, Inc. 2004-W4
	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
	Stepdown Date has occurred							No
	Delinquency Percentage							0.04%
	Balances 60+ days							187,437.35
	Credit Enhancement Percentage							7.43%
	Trigger Event in effect							No
	Stepdown Date has occurred							No
	Delinquency Percentage							2.10%
	Credit Enhancement Percentage							8.45%
ADJUSTABLE RATE CERTIFICATE INFORMATION								TOTAL
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION								TOTAL
				Page 22 of 22				© COPYRIGHT 2004 Deutsche Bank
	Libor for Current Period							1.615000%
	Libor for Next Period							1.840000%
	Current Subsequent Recoveries							0.00
	Cumulative Subsequent Recoveries							0.00
				Page 23 of 23				© COPYRIGHT 2004 Deutsche Bank

Filing Compare · ARGENT SECURITIES ASSET BCKED PASS THROUGH CERTS SER 2004-W4