

                                       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): December 27, 2004
                           (Date of earliest event reported)

         Ameriquest Mortgage Securities Inc (as Depositor under the Trust
      Agreement, dated as September 1, 2004, providing for the issuance of
          Asset-Backed Pass-Through Certificates, Series 2004-R9)
                 (Exact name of registrant as specified in charter)

                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-118137-01                          33-0885129
          (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

            (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 8.01  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 9.01 Financial Statements and Exhibits

     (c) Exhibits:

     Exhibit No. Description

     99.1 Monthly Remittance Statement to the Certificateholders dated as of
     December 27, 2004.

                                    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,
                                  in its capacity as Trustee under the
                                  Pooling and Servicing Agreement on
                                  behalf of Ameriquest Mortgage
                                  Securities Inc.,Registrant


          Date:  Dec 28, 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 December 27, 2004.



Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution

				External Parties					Table of Contents

												Page
				Seller								Page
				Seller					1. Certificate Payment Report					2
				Ameriquest Mortgage Corp					1. Certificate Payment Report					2
				Ameriquest Mortgage Corp					2. Collection Account Report					4
									2. Collection Account Report					4
									3. Credit Enhancement Report					6
									4. Collateral Report					7
				Certificate Insurer(s)					5. Delinquency Report					10
				Certificate Insurer(s)					5. Delinquency Report					10
									6. REO Report					13

				Financial Guaranty Insurance Corp.					7. Foreclosure Report					14
									8. Prepayment Report					15
									9. Prepayment Detail Report					18
									9. Prepayment Detail Report					18
									10. Realized Loss Report					21
									11. Realized Loss Detail Report					24
				Servicer(s)					11. Realized Loss Detail Report					24
				Servicer(s)					12. Triggers and Adj. Cert. Report					25
				Ameriquest Mortgage Corp					12. Triggers and Adj. Cert. Report					25
				Ameriquest Mortgage Corp					13. Additional Certificate Report					26
									13. Additional Certificate Report					26


				Underwriter(s)
				Morgan Stanley


									Total Number of Pages					26
									Total Number of Pages

				Dates					Contacts

				Cut-Off Date:		September 01, 2004			Nicholas Gisler
				Close Date:		September 08, 2004			Administrator
				First Distribution Date:		October 25, 2004			(714) 247-6268
									Nicholas.Gisler@db.com
									Nicholas.Gisler@db.com
									Address:
									1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:		December 27, 2004
									Factor Information:			(800) 735-7777
				Record Date:		November 30, 2004			Factor Information:			(800) 735-7777
									Main Phone Number:			(714) 247-6000

						December 24, 2004
						December 24, 2004

									https://www.tss.db.com/invr






Page 1 of 26
Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution
Certificate Payment Report
Current Period Distribution - REMIC II
					Prior											Current
	Class		Original		Principal					Total		Realized		Deferred		Principal
	Class		Original		Principal					Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance	Interest		Principal		Distribution		Loss		Interest		Balance


					(1)	(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)

A-1	SR	$	696,058,000.00		672,102,877.78	1,423,737.93		15,566,556.22		16,990,294.15		0.00		0.00		656,536,321.56
A-1	SR	$	696,058,000.00		672,102,877.78	1,423,737.93		15,566,556.22		16,990,294.15		0.00		0.00		656,536,321.56
A-2	SR	$	91,942,000.00		83,186,040.24	168,336.20		6,333,388.26		6,501,724.46		0.00		0.00		76,852,651.98
A-3	SR	$	42,500,000.00		42,500,000.00	91,493.06		0.00		91,493.06		0.00		0.00		42,500,000.00
A-4	SR	$	39,500,000.00		39,500,000.00	93,878.33		0.00		93,878.33		0.00		0.00		39,500,000.00
M-1	MEZ	$	25,000,000.00		25,000,000.00	60,277.78		0.00		60,277.78		0.00		0.00		25,000,000.00
M-2	MEZ	$	24,000,000.00		24,000,000.00	58,486.67		0.00		58,486.67		0.00		0.00		24,000,000.00
M-3	MEZ	$	17,500,000.00		17,500,000.00	43,098.61		0.00		43,098.61		0.00		0.00		17,500,000.00
M-4	MEZ	$	16,000,000.00		16,000,000.00	46,155.56		0.00		46,155.56		0.00		0.00		16,000,000.00
M-5	MEZ	$	7,500,000.00		7,500,000.00	23,120.83		0.00		23,120.83		0.00		0.00		7,500,000.00
M-6	MEZ	$	7,500,000.00		7,500,000.00	25,704.17		0.00		25,704.17		0.00		0.00		7,500,000.00
M-7	MEZ	$	7,500,000.00		7,500,000.00	26,350.00		0.00		26,350.00		0.00		0.00		7,500,000.00
M-8	MEZ	$	8,000,000.00		8,000,000.00	35,684.44		0.00		35,684.44		0.00		0.00		8,000,000.00
M-9	MEZ	$	7,000,000.00		7,000,000.00	28,210.00		0.00		28,210.00		0.00		0.00		7,000,000.00
CE	RES	$	9,999,603.50		9,999,997.03	2,879,131.56		0.00		2,879,131.56		0.00		0.00		9,999,997.03
P	NOF	$	100.00		100.00	335,341.73		0.00		335,341.73		0.00		0.00		100.00
R	NPR	$	0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00


Total			999,999,703.50		967,289,015.05	5,339,006.87		21,899,944.48		27,238,951.35		0.00		0.00		945,389,070.57
Total




Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
								Orig. Principal		Prior							Current
								Orig. Principal		Prior							Current
	Period		Period					(with Notional)		Principal						Total	Principal
	Period		Period
Class	Starting		Ending		Method	Cusip		Balance		Balance		Interest		Principal		Distribution	Balance

								(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1	11/26/04		12/26/04		A-Act/360	03072SUW3		696,058,000.00		965.584589		2.045430		22.363878		24.409308	943.220711
A-2	11/26/04		12/26/04		A-Act/360	03072SUK9		91,942,000.00		904.766486		1.830896		68.884604		70.715500	835.881882
A-3	11/26/04		12/26/04		A-Act/360	03072SUL7		42,500,000.00		1,000.000000		2.152778		0.000000		2.152778	1,000.000000
A-4	11/26/04		12/26/04		A-Act/360	03072SUM5		39,500,000.00		1,000.000000		2.376667		0.000000		2.376667	1,000.000000
M-1	11/26/04		12/26/04		A-Act/360	03072SUN3		25,000,000.00		1,000.000000		2.411111		0.000000		2.411111	1,000.000000
M-2	11/26/04		12/26/04		A-Act/360	03072SUP8		24,000,000.00		1,000.000000		2.436945		0.000000		2.436945	1,000.000000
M-3	11/26/04		12/26/04		A-Act/360	03072SUQ6		17,500,000.00		1,000.000000		2.462778		0.000000		2.462778	1,000.000000
M-4	11/26/04		12/26/04		A-Act/360	03072SUR4		16,000,000.00		1,000.000000		2.884723		0.000000		2.884723	1,000.000000
M-5	11/26/04		12/26/04		A-Act/360	03072SUS2		7,500,000.00		1,000.000000		3.082777		0.000000		3.082777	1,000.000000
M-6	11/26/04		12/26/04		A-Act/360	03072SUT0		7,500,000.00		1,000.000000		3.427223		0.000000		3.427223	1,000.000000
M-7	11/26/04		12/26/04		A-Act/360	03072SUU7		7,500,000.00		1,000.000000		3.513333		0.000000		3.513333	1,000.000000
M-8	11/26/04		12/26/04		A-Act/360	03072SUV5		8,000,000.00		1,000.000000		4.460555		0.000000		4.460555	1,000.000000
M-9	11/26/04		12/26/04		A-Act/360	03072SUX1		7,000,000.00		1,000.000000		4.030000		0.000000		4.030000	1,000.000000
CE	11/01/04		11/30/04		AQ04R9101	1,009,999,307.00		9.900994		2.850627		0.000000		2.850627		9.900994
P	11/01/04		11/30/04		AQ04R9102	100.00		1,000.000000		3,353,417.300000		0.000000		3,353,417.300000		1,000.000000
R	11/01/04		11/30/04		AQ04R9103	0.00		0.000000		0.000000		0.000000		0.000000		0.000000




Page 2 of 26
Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution

Distribution to Date - REMIC II
																Current


	Original				Unscheduled	Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal	Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)	(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1	696,058,000.00		4,569,461.07		37,535,114.17	1,986,564.27		39,521,678.44		44,091,139.51		0.00		0.00		656,536,321.56
A-2	91,942,000.00		556,154.87		14,594,261.60	495,086.42		15,089,348.02		15,645,502.89		0.00		0.00		76,852,651.98
A-3	42,500,000.00		288,461.37		0.00	0.00		0.00		288,461.37		0.00		0.00		42,500,000.00
A-4	39,500,000.00		299,479.95		0.00	0.00		0.00		299,479.95		0.00		0.00		39,500,000.00
M-1	25,000,000.00		192,599.83		0.00	0.00		0.00		192,599.83		0.00		0.00		25,000,000.00
M-2	24,000,000.00		187,095.83		0.00	0.00		0.00		187,095.83		0.00		0.00		24,000,000.00
M-3	17,500,000.00		138,028.21		0.00	0.00		0.00		138,028.21		0.00		0.00		17,500,000.00
M-4	16,000,000.00		150,152.78		0.00	0.00		0.00		150,152.78		0.00		0.00		16,000,000.00
M-5	7,500,000.00		75,654.95		0.00	0.00		0.00		75,654.95		0.00		0.00		7,500,000.00
M-6	7,500,000.00		84,821.61		0.00	0.00		0.00		84,821.61		0.00		0.00		7,500,000.00
M-7	7,500,000.00		87,113.28		0.00	0.00		0.00		87,113.28		0.00		0.00		7,500,000.00
M-8	8,000,000.00		119,809.72		0.00	0.00		0.00		119,809.72		0.00		0.00		8,000,000.00
M-9	7,000,000.00		94,139.07		0.00	0.00		0.00		94,139.07		0.00		0.00		7,000,000.00
CE	9,999,603.50		8,424,421.18		0.00	0.00		0.00		8,424,421.18		0.00		393.53		9,999,997.03
P	100.00		770,702.02		0.00	0.00		0.00		770,702.02		0.00		0.00		100.00
R	0.00		0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00


Total	999,999,703.50		16,038,095.74		52,129,375.77	2,481,650.69		54,611,026.46		70,649,122.20		0.00		393.53		945,389,070.57


Interest Detail - REMIC II
	Pass		Prior Principal			Non-		Prior		Unscheduled				Paid or		Current
	Pass		Prior Principal			Non-		Prior		Unscheduled				Paid or

	Through		(with Notional)		Accrued	Supported		Unpaid		Interest		Optimal		Deferred		Unpaid

Class	Rate		Balance		Interest	Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)	(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1	2.46000%		672,102,877.78		1,423,737.93	0.00		0.00		0.00		1,423,737.93		1,423,737.93		0.00
A-2	2.35000%		83,186,040.24		168,336.20	0.00		0.00		0.00		168,336.20		168,336.20		0.00
A-3	2.50000%		42,500,000.00		91,493.06	0.00		0.00		0.00		91,493.06		91,493.06		0.00
A-4	2.76000%		39,500,000.00		93,878.33	0.00		0.00		0.00		93,878.33		93,878.33		0.00
M-1	2.80000%		25,000,000.00		60,277.78	0.00		0.00		0.00		60,277.78		60,277.78		0.00
M-2	2.83000%		24,000,000.00		58,486.67	0.00		0.00		0.00		58,486.67		58,486.67		0.00
M-3	2.86000%		17,500,000.00		43,098.61	0.00		0.00		0.00		43,098.61		43,098.61		0.00
M-4	3.35000%		16,000,000.00		46,155.56	0.00		0.00		0.00		46,155.56		46,155.56		0.00
M-5	3.58000%		7,500,000.00		23,120.83	0.00		0.00		0.00		23,120.83		23,120.83		0.00
M-6	3.98000%		7,500,000.00		25,704.17	0.00		0.00		0.00		25,704.17		25,704.17		0.00
M-7	4.08000%		7,500,000.00		26,350.00	0.00		0.00		0.00		26,350.00		26,350.00		0.00
M-8	5.18000%		8,000,000.00		35,684.44	0.00		0.00		0.00		35,684.44		35,684.44		0.00
M-9	4.68000%		7,000,000.00		28,210.00	0.00		0.00		0.00		28,210.00		28,210.00		0.00
CE	345.49589%		9,999,997.03		0.00	0.00		0.00		0.00		0.00		2,879,131.56		0.00
P	0.00000%		100.00		0.00	0.00		0.00		0.00		0.00		335,341.73		0.00
R	0.00000%		0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00


Total			967,289,015.05		2,124,533.58	0.00		0.00		0.00		2,124,533.58		5,339,006.87		0.00



Page 3 of 26
Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution
Collection Account Report
SUMMARY
SUMMARY
									Group 2		Group 1		Total
Principal Collections									6,333,388.26		15,566,556.22		21,899,944.48
Principal Withdrawals									0.00		0.00		0.00
Principal Other Accounts									0.00		0.00		0.00
TOTAL NET PRINCIPAL									6,333,388.26		15,566,556.22		21,899,944.48
Interest Collections									1,091,715.09		4,620,699.24		5,712,414.32
Interest Withdrawals									-0.00		-0.00		-0.00
Interest Fees									-139,708.60		-569,040.58		-708,749.18
Interest Other Accounts													335,341.73
TOTAL NET INTEREST									952,006.49		4,051,658.65		5,339,006.87
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION													27,238,951.35



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Principal Received										161,711.41		655,426.62		817,138.03
Curtailments										103,279.42		97,259.83		200,539.25
Prepayments In Full										6,068,397.43		14,749,496.84		20,817,894.27
Repurchased/Substitutions										0.00		64,372.93		64,372.93
Liquidations										0.00		0.00		0.00
Insurance Principal										0.00		0.00		0.00
Other Additional Principal										0.00		0.00		0.00
Delinquent Principal										-135,063.65		-528,729.54		-663,793.19
Realized Losses										-0.00		-0.00		-0.00
Advanced Principal										135,063.65		528,729.54		663,793.19
TOTAL PRINCIPAL COLLECTED										6,333,388.26		15,566,556.22		21,899,944.48


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS
PRINCIPAL - OTHER ACCOUNTS
									Group 2		Group 1		Total
TOTAL PRINCIPAL OTHER ACCOUNTS									0.00		0.00		0.00





Page 4 of 26
Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
									Group 2		Group 1		Total
Scheduled Interest									1,156,813.54		4,883,455.88		6,040,269.42
Repurchased/Substitution Interest									0.00		555.22		555.22
Liquidation Interest									0.00		0.00		0.00
Insurance Interest									0.00		0.00		0.00
Other Additional Interest									0.00		0.00		0.00
Prepayment Interest Shortfalls									-7,058.11		-17,749.34		-24,807.44
Delinquent Interest									-949,357.85		-3,993,818.98		-4,943,176.83
Compensating Interest									7,058.11		17,749.34		24,807.44
Civil Relief Act Shortfalls									-0.00		-242.45		-242.45
Interest Advanced									884,259.40		3,730,749.57		4,615,008.97
TOTAL INTEREST COLLECTED									1,091,715.09		4,620,699.24		5,712,414.32


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
									Group 2		Group 1		Total
Non-Recoverable Advances									0.00		0.00		0.00
Reimbursements to Master Servicer									0.00		0.00		0.00
TOTAL INTEREST WITHDRAWALS									0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
									Group 2		Group 1		Total
Prepayment Charges													335,341.73
Net WAC Investment Income													0.00
TOTAL INTEREST OTHER ACCOUNTS													335,341.73



INTEREST - FEES
INTEREST - FEES
									Group 2		Group 1		Total
Current Servicing Fees									14,559.08		60,310.15		74,869.23
PMI Fees									124,799.03		473,702.42		598,501.45
Trustee Fees									350.49		1,422.87		1,773.36
Certificate Insurance Policy Payment (Class A-1)											33,605.14		33,605.14
TOTAL INTEREST FEES									139,708.60		569,040.58		708,749.18




Page 5 of 26
Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution
Credit Enhancement Report
ACCOUNTS
ACCOUNTS
									Group 2		Group 1		Total
Net WAC Reserve Account Balance													1,000.00



INSURANCE
INSURANCE
									Group 2		Group 1		Total
PMI									124,799.03		473,702.42		598,501.45
Certificate Insurance Policy Payment ( Class A-1)											33,605.14		33,605.14



STRUCTURAL FEATURES
STRUCTURAL FEATURES
									Group 2		Group 1		Total
Overcollateralized Amount													9,999,997.03
Overcollateralization Reduction Amount													0.00
Overcollateralization Deficiency Amount													0.00
Overcollateralization Target Amount													9,999,997.03




Page 6 of 26
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December 27, 2004 Distribution
Collateral Report


COLLATERAL



										Group 2		Group 1		Total



*Loan Count:*


Original									744		5,646		6,390
Prior									717		5,512		6,229
Prefunding									0		0		0
Scheduled Paid Offs									-0		-0		-0
Full Voluntary Prepayments									-16		-92		-108
Repurchases									-0		-1		-1
Liquidations									-0		-0		-0
Current									701		5,419		6,120
*Principal Balance:*


Original									199,933,913.57		800,065,789.93		999,999,703.50
Prior									191,178,074.51		776,110,940.54		967,289,015.05
Prefunding									0.00		0.00		0.00
Scheduled Principal									-161,711.41		-655,426.62		-817,138.03
Partial Prepayments									-103,279.42		-97,259.83		-200,539.25
Full Voluntary Prepayments									-6,068,397.43		-14,749,496.84		-20,817,894.27
Repurchases									-0.00		-64,372.93		-64,372.93
Liquidations									-0.00		-0.00		-0.00
Current									184,844,686.25		760,544,384.32		945,389,070.57





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 26
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December 27, 2004 Distribution

CHARACTERISTICS
CHARACTERISTICS
									Group 2		Group 1		Total
Weighted Average Coupon Original									7.27088%		7.55589%		7.49890%
Weighted Average Coupon Prior									7.26167%		7.55435%		7.49627%
Weighted Average Coupon Current									7.26117%		7.55151%		7.49413%
Weighted Average Months to Maturity Original									353		350		350
Weighted Average Months to Maturity Prior									352		348		349
Weighted Average Months to Maturity Current									351		347		348
Weighted Avg Remaining Amortization Term Original									353		350		350
Weighted Avg Remaining Amortization Term Prior									352		348		349
Weighted Avg Remaining Amortization Term Current									351		347		348
Weighted Average Seasoning Original									2.41		2.45		2.44
Weighted Average Seasoning Prior									3.40		3.45		3.44
Weighted Average Seasoning Current									4.38		4.44		4.43









Page 8 of 26
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Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
									Group 2		Group 1		Total
Weighted Average Margin Original									5.85766%		6.04483%		6.00741%
Weighted Average Margin Prior									5.86322%		6.04463%		6.00865%
Weighted Average Margin Current									5.87179%		6.04291%		6.00909%
Weighted Average Max Rate Original									13.29450%		13.56365%		13.50984%
Weighted Average Max Rate Prior									13.28259%		13.56123%		13.50598%
Weighted Average Max Rate Current									13.28175%		13.55834%		13.50366%
Weighted Average Min Rate Original									7.29450%		7.56365%		7.50984%
Weighted Average Min Rate Prior									7.28259%		7.56123%		7.50598%
Weighted Average Min Rate Current									7.28175%		7.55834%		7.50366%
Weighted Average Cap Up Original									1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Prior									1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Current									1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Original									1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Prior									1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Current									1.00000%		1.00000%		1.00000%




SERVICING FEES & ADVANCES

										Group 2		Group 1		Total




Current Servicing Fees									14,559.08		60,310.15		74,869.23
Delinquent Servicing Fees									65,098.45		263,069.41		328,167.86
TOTAL SERVICING FEES									79,657.53		323,379.57		403,037.10


Total Servicing Fees									79,657.53		323,379.57		403,037.10
Compensating Interest									-7,058.11		-17,749.34		-24,807.44
Delinquent Servicing Fees									-65,098.45		-263,069.41		-328,167.86
COLLECTED SERVICING FEES									14,559.08		60,310.15		50,061.80


Total Advanced Interest									884,259.40		3,730,749.57		4,615,008.97
Total Advanced Principal									135,063.65		528,729.54		663,793.19
Aggregate Advances with respect to this Distribution									1,019,323.05		4,259,479.11		5,278,802.16





ADDITIONAL COLLATERAL INFORMATION
									Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)									7,058.11		17,749.34		24,807.44
Compensating Interest									-7,058.11		-17,749.34		-24,807.44
Net Prepayment Interest Shortfall (PPIS)									0.00		0.00		0.00

Ending Pool Stated Principal Balance									184,844,686.25		760,544,384.32		945,389,070.57
Weighted Average Net Mortgage Rate									5.975621%		6.316890%		6.249441%




Page 9 of 26
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Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			15,919,131.36		3,600,013.37		0.00		19,519,144.73
			% Balance			1.68%		0.38%		0.00%		2.06%
			# Loans			105		24		0		129
			% # Loans			1.72%		0.39%		0.00%		2.11%
	FORECLOSURE		Balance		0.00	0.00		0.00		294,753.07		294,753.07
			% Balance		0.00%	0.00%		0.00%		0.03%		0.03%
			# Loans		0	0		0		1		1
			% # Loans		0.00%	0.00%		0.00%		0.02%		0.02%
	BANKRUPTCY		Balance		1,774,750.63	213,027.37		390,623.45		0.00		2,378,401.45
			% Balance		0.19%	0.02%		0.04%		0.00%		0.25%
			# Loans		13	2		3		0		18
			% # Loans		0.21%	0.03%		0.05%		0.00%		0.29%
	REO		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		1,774,750.63	16,132,158.73		3,990,636.82		294,753.07		22,192,299.25
			% Balance		0.19%	1.71%		0.42%		0.03%		2.35%
			# Loans		13	107		27		1		148
			% # Loans		0.21%	1.75%		0.44%		0.02%		2.42%









Page 10 of 26
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Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution


	GROUP 1
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			12,934,908.95		2,471,302.12		0.00		15,406,211.07
			% Balance			1.70%		0.32%		0.00%		2.03%
			# Loans			94		21		0		115
			% # Loans			1.73%		0.39%		0.00%		2.12%
	FORECLOSURE		Balance		0.00	0.00		0.00		294,753.07		294,753.07
			% Balance		0.00%	0.00%		0.00%		0.04%		0.04%
			# Loans		0	0		0		1		1
			% # Loans		0.00%	0.00%		0.00%		0.02%		0.02%
	BANKRUPTCY		Balance		1,665,457.51	213,027.37		390,623.45		0.00		2,269,108.33
			% Balance		0.22%	0.03%		0.05%		0.00%		0.30%
			# Loans		12	2		3		0		17
			% # Loans		0.22%	0.04%		0.06%		0.00%		0.31%
	REO		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		1,665,457.51	13,147,936.32		2,861,925.57		294,753.07		17,970,072.47
			% Balance		0.22%	1.73%		0.38%		0.04%		2.36%
			# Loans		12	96		24		1		133
			% # Loans		0.22%	1.77%		0.44%		0.02%		2.45%










Page 11 of 26
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Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution

	GROUP 2
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			2,984,222.41		1,128,711.25		0.00		4,112,933.66
			% Balance			1.61%		0.61%		0.00%		2.23%
			# Loans			11		3		0		14
			% # Loans			1.57%		0.43%		0.00%		2.00%
	FORECLOSURE		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		109,293.12	0.00		0.00		0.00		109,293.12
			% Balance		0.06%	0.00%		0.00%		0.00%		0.06%
			# Loans		1	0		0		0		1
			% # Loans		0.14%	0.00%		0.00%		0.00%		0.14%
	REO		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		109,293.12	2,984,222.41		1,128,711.25		0.00		4,222,226.78
			% Balance		0.06%	1.61%		0.61%		0.00%		2.28%
			# Loans		1	11		3		0		15
			% # Loans		0.14%	1.57%		0.43%		0.00%		2.14%









Page 12 of 26
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2004-R9

December 27, 2004 Distribution
REO Report
Loan Number			Original		Stated			Current		State &

													First
&			Principal		Principal	Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance	Date		Rate		Origination		Term		Date
SPACE INTENTIONALLY LEFT BLANK
SPACE INTENTIONALLY LEFT BLANK



TOTAL



Page 13 of 26
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2004-R9

December 27, 2004 Distribution
Foreclosure Report
Loan Number			Original		Stated			Current		State &

													First
&			Principal		Principal	Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance	Date		Rate		Origination		Term		Date
82081043 1
82081043 1			295,800.00		294,753.07	01-Jul-2004		7.800%		GA - 86.80%		360		01-Aug-2004



TOTAL			295,800.00		294,753.07



Page 14 of 26
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Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

										Group 2		Group 1		Total




*Current*


Number of Paid in Full Loans									16		92		108
Number of Repurchased Loans									0		1		1
Total Number of Loans Prepaid in Full									16		93		109
Curtailments Amount									103,279.42		97,259.83		200,539.25
Paid in Full Balance									6,068,397.43		14,749,496.84		20,817,894.27
Repurchased Loans Balance									0.00		64,372.93		64,372.93
Total Prepayment Amount									6,171,676.85		14,911,129.60		21,082,806.45

*Cumulative*


Number of Paid in Full Loans									42		214		256
Number of Repurchased Loans									1		13		14
Total Number of Loans Prepaid in Full									43		227		270
Paid in Full Balance									14,419,507.48		35,518,650.88		49,938,158.36
Repurchased Loans Balance									66,965.98		1,721,365.26		1,788,331.24
Curtailments Amount									107,667.44		294,825.20		402,492.64
Total Prepayment Amount									14,594,140.90		37,534,841.34		52,128,982.24










Page 15 of 26
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Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

										Group 2		Group 1		Total



SMM									3.23%		1.92%		2.18%
3 Months Avg SMM									2.50%		1.59%		1.77%
12 Months Avg SMM									2.50%		1.59%		1.77%
Avg SMM Since Cut-off									2.50%		1.59%		1.77%


CPR									32.57%		20.78%		23.25%
3 Months Avg CPR									26.20%		17.52%		19.31%
12 Months Avg CPR									26.20%		17.52%		19.31%
Avg CPR Since Cut-off									26.20%		17.52%		19.31%


PSA									3,716.13%		2,339.08%		2,623.98%
3 Months Avg PSA Approximation									3,855.44%		2,539.70%		2,807.98%
12 Months Avg PSA Approximation									3,855.44%		2,539.70%		2,807.98%
Avg PSA Since Cut-off Approximation									3,855.45%		2,539.71%		2,807.98%










Page 16 of 26
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Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution






PREPAYMENT CALCULATION METHODOLOGY

	Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal)

	Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)
	PSA Standard Prepayment Model: CPR/(0.002*min(30,WAS))
	PSA Standard Prepayment Model: CPR/(0.002*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/(0.002*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, liquidations, and repurchases.
	Dates correspond to distribution dates.




Page 17 of 26
Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original						Current		State &		Type Prepayment		First
Loan Number			Original						Current		State &		Type Prepayment

&		Loan	Principal		Prepayment		Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount		Date		Rate		Origination		Original Term		Date

68763507 1			319,500.00		316,886.00		02-Dec-2004		5.950%		WA - 90.00%		Paid Off - 360		4/1/2004
68763507 1			319,500.00		316,886.00		02-Dec-2004		5.950%		WA - 90.00%		Paid Off - 360		4/1/2004
69220408 1			212,500.00		211,052.63		03-Dec-2004		6.200%		NV - 85.00%		Paid Off - 360		5/1/2004
71473961 2			375,000.00		372,852.43		01-Dec-2004		8.990%		NY - 81.52%		Paid Off - 360		4/1/2004
71786685 2			374,700.00		372,716.54		15-Nov-2004		7.500%		MA - 62.55%		Paid Off - 360		5/1/2004
72410426 1			148,000.00		146,972.61		30-Nov-2004		6.100%		RI - 84.57%		Paid Off - 360		5/1/2004
72424666 1			#######		103,337.45		19-Nov-2004		6.550%		FL - 80.00%		Paid Off - 360		5/1/2004
72971724 1			199,500.00		198,644.53		15-Nov-2004		8.550%		NY - 79.80%		Paid Off - 360		5/1/2004
73020182 1			256,000.00		254,499.18		03-Dec-2004		6.990%		MA - 78.77%		Paid Off - 360		5/1/2004
73211724 1			287,916.00		286,533.57		17-Nov-2004		7.990%		CA - 89.14%		Paid Off - 360		5/1/2004
73257909 1			175,500.00		174,657.29		26-Nov-2004		7.990%		MD - 90.00%		Paid Off - 360		5/1/2004
73557845 1			202,500.00		201,351.67		09-Dec-2004		7.150%		CA - 75.00%		Paid Off - 360		5/1/2004
73751521 1			84,000.00		83,012.13		29-Nov-2004		8.250%		GA - 62.22%		Paid Off - 240		5/1/2004
74978081 1			92,324.00		92,031.21		11-Nov-2004		9.250%		MN - 59.56%		Paid Off - 360		6/1/2004
75630764 1			72,000.00		71,745.15		09-Dec-2004		7.800%		CA - 84.71%		Paid Off - 360		7/1/2004
75718205 1			160,875.00		159,595.13		30-Nov-2004		7.750%		MA - 82.50%		Paid Off - 360		6/1/2004
75794883 2			600,000.00		596,572.24		26-Nov-2004		6.300%		CA - 76.92%		Paid Off - 360		6/1/2004
76181064 1			95,500.00		94,911.51		30-Nov-2004		8.250%		ME - 41.52%		Paid Off - 300		6/1/2004
77597441 1			161,250.00		160,867.01		29-Nov-2004		8.650%		PA - 75.00%		Paid Off - 360		8/1/2004
78221140 1			97,500.00		97,165.14		23-Nov-2004		7.950%		OH - 75.00%		Paid Off - 360		7/1/2004
79799441 1			178,606.00		178,118.96		26-Nov-2004		6.500%		CT - 45.37%		Paid Off - 360		9/1/2004
80322688 1			108,000.00		107,760.85		06-Dec-2004		8.990%		MD - 71.52%		Paid Off - 360		8/1/2004
80360829 1			148,500.00		148,050.55		03-Dec-2004		7.450%		CA - 74.25%		Paid Off - 360		8/1/2004
80792922 1			93,750.00		93,404.90		01-Dec-2004		6.450%		OH - 72.12%		Paid Off - 360		8/1/2004
81129009 1			76,000.00		75,831.71		02-Dec-2004		8.990%		KS - 69.09%		Paid Off - 360		8/1/2004
81145187 1			178,500.00		178,015.11		06-Dec-2004		7.990%		CA - 75.00%		Paid Off - 360		8/1/2004
81789562 1			156,000.00		155,397.51		17-Nov-2004		6.200%		FL - 82.54%		Paid Off - 360		8/1/2004
82140161 1			131,750.00		131,464.83		08-Dec-2004		9.100%		MD - 85.00%		Paid Off - 360		8/1/2004
82208240 1			280,000.00		279,225.48		15-Nov-2004		7.900%		CA - 80.00%		Paid Off - 360		8/1/2004
82313388 1			60,000.00		59,801.14		02-Dec-2004		6.990%		TX - 54.55%		Paid Off - 360		8/1/2004
82332206 1			190,485.00		189,683.75		15-Nov-2004		5.750%		MD - 85.00%		Paid Off - 360		8/1/2004
82538026 1			127,650.00		127,340.54		30-Nov-2004		8.550%		WI - 72.94%		Paid Off - 360		8/1/2004
82644949 1			60,000.00		59,832.33		02-Dec-2004		7.850%		OH - 57.14%		Paid Off - 360		8/1/2004
82806449 1			285,000.00		283,444.62		02-Dec-2004		5.950%		CA - 88.85%		Paid Off - 360		8/1/2004
82818386 2			445,000.00		443,306.06		30-Nov-2004		6.300%		CT - 81.65%		Paid Off - 360		8/1/2004
82911421 1			168,750.00		168,315.09		30-Nov-2004		8.250%		OH - 75.00%		Paid Off - 360		8/1/2004
83056143 1			187,150.00		186,730.72		24-Nov-2004		7.500%		IL - 95.00%		Paid Off - 360		9/1/2004
83157164 2			381,000.00		380,315.86		17-Nov-2004		9.990%		CA - 86.67%		Paid Off - 360		8/1/2004
83157164 2			381,000.00		380,315.86				9.990%		CA - 86.67%		Paid Off - 360



Page 18 of 26
Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original						Current		State &		Type Prepayment		First
Loan Number			Original						Current		State &		Type Prepayment

&		Loan	Principal		Prepayment		Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount		Date		Rate		Origination		Original Term		Date

83378521 1			160,000.00		159,520.53		30-Nov-2004		7.500%		MA - 67.43%		Paid Off - 360		8/1/2004
83378521 1			160,000.00		159,520.53		30-Nov-2004		7.500%		MA - 67.43%		Paid Off - 360		8/1/2004
83590661 1			123,500.00		123,200.40		10-Dec-2004		7.100%		CO - 65.00%		Paid Off - 360		9/1/2004
83791780 1			168,500.00		168,157.86		12-Nov-2004		7.990%		CA - 74.89%		Paid Off - 360		9/1/2004
83826701 2			407,000.00		405,287.98		02-Dec-2004		5.750%		IL - 90.44%		Paid Off - 360		8/1/2004
83875161 1			330,000.00		329,223.00		07-Dec-2004		7.250%		CA - 82.50%		Paid Off - 360		9/1/2004
83898569 1			162,000.00		161,528.84		22-Nov-2004		7.650%		CA - 90.00%		Paid Off - 360		8/1/2004
83941302 1			260,000.00		259,218.10		10-Dec-2004		5.990%		CA - 73.24%		Paid Off - 360		9/1/2004
84185966 1			219,300.00		218,956.29		17-Nov-2004		9.250%		MD - 85.00%		Paid Off - 360		9/1/2004
84201946 1			82,500.00		82,363.47		26-Nov-2004		8.990%		MI - 75.00%		Paid Off - 360		9/1/2004
84391929 2			599,999.00		598,194.67		24-Nov-2004		5.990%		MO - 88.89%		Paid Off - 360		9/1/2004
84406164 1			153,500.00		151,918.34		07-Dec-2004		7.350%		CO - 72.78%		Paid Off - 240		9/1/2004
84449149 1			130,000.00		129,648.93		30-Nov-2004		6.550%		RI - 68.42%		Paid Off - 360		9/1/2004
84574201 1			120,000.00		119,752.87		10-Dec-2004		9.350%		MD - 75.00%		Paid Off - 360		9/1/2004
84581321 1			174,250.00		173,731.93		30-Nov-2004		6.050%		MN - 84.18%		Paid Off - 360		9/1/2004
84690288 1			218,108.00		217,513.25		19-Nov-2004		6.500%		CA - 83.25%		Paid Off - 360		9/1/2004
84717008 1			160,000.00		159,708.04		30-Nov-2004		8.550%		MN - 80.00%		Paid Off - 360		9/1/2004
84741446 2			357,000.00		356,115.23		18-Nov-2004		6.990%		CA - 85.00%		Paid Off - 360		9/1/2004
84774884 1			220,000.00		219,531.15		24-Nov-2004		7.750%		CA - 62.86%		Paid Off - 360		9/1/2004
84806744 1			129,600.00		129,350.34		19-Nov-2004		8.250%		NC - 88.77%		Paid Off - 360		9/1/2004
84935386 1			272,000.00		271,279.57		17-Nov-2004		6.650%		MN - 85.00%		Paid Off - 360		9/1/2004
84972868 1			260,000.00		259,613.26		01-Dec-2004		9.500%		MD - 74.29%		Paid Off - 360		9/1/2004
84991108 1			79,000.00		78,874.87		19-Nov-2004		9.200%		CA - 49.38%		Paid Off - 360		9/1/2004
84999309 1			175,000.00		174,615.66		08-Dec-2004		7.600%		CA - 74.47%		Paid Off - 360		9/1/2004
85001600 1			198,675.00		198,148.77		29-Nov-2004		6.650%		FL - 26.49%		Paid Off - 360		9/1/2004
85008167 1			144,000.00		143,696.18		18-Nov-2004		7.800%		CA - 90.00%		Paid Off - 360		9/1/2004
85067544 1			126,565.00		126,235.30		11-Nov-2004		6.750%		MN - 85.00%		Paid Off - 360		9/1/2004
85106284 1			131,250.00		130,967.45		22-Nov-2004		7.700%		CA - 75.00%		Paid Off - 360		9/1/2004
85109783 2			200,000.00		199,851.62		12-Nov-2004		12.700%		NY - 68.97%		Paid Off - 360		9/1/2004
85116861 1			247,500.00		246,886.56		29-Nov-2004		6.990%		NY - 90.00%		Paid Off - 360		9/1/2004
85158285 1			164,000.00		163,606.16		15-Nov-2004		7.150%		CA - 65.60%		Paid Off - 360		9/1/2004
85212827 1			98,400.00		98,237.18		22-Nov-2004		8.990%		LA - 60.00%		Paid Off - 360		9/1/2004
85219400 2			480,000.00		478,810.40		02-Dec-2004		6.990%		CA - 83.48%		Paid Off - 360		9/1/2004
85295400 1			154,200.00		153,807.20		22-Nov-2004		6.850%		FL - 54.11%		Paid Off - 360		9/1/2004
85327641 1			211,000.00		210,717.03		23-Nov-2004		9.990%		IL - 81.15%		Paid Off - 360		9/1/2004
85396745 2			387,000.00		386,549.34		29-Nov-2004		10.650%		CA - 90.00%		Paid Off - 360		9/1/2004
85446722 1			178,000.00		177,505.14		16-Nov-2004		6.400%		FL - 63.57%		Paid Off - 360		9/1/2004
85478808 2			360,500.00		359,606.55		01-Dec-2004		6.990%		CA - 69.33%		Paid Off - 360		9/1/2004
85520286 1			146,250.00		145,912.40		26-Nov-2004		7.350%		CA - 73.13%		Paid Off - 360		9/1/2004
85520286 1			146,250.00		145,912.40				7.350%		CA - 73.13%		Paid Off - 360



Page 19 of 26
Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original						Current		State &		Type Prepayment		First
Loan Number			Original						Current		State &		Type Prepayment

&		Loan	Principal		Prepayment		Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount		Date		Rate		Origination		Original Term		Date

85535367 1			146,250.00		145,932.00		01-Dec-2004		7.650%		FL - 75.00%		Paid Off - 360		9/1/2004
85535367 1			146,250.00		145,932.00		01-Dec-2004		7.650%		FL - 75.00%		Paid Off - 360		9/1/2004
85581304 1			161,500.00		161,238.82		12-Nov-2004		9.100%		NY - 63.33%		Paid Off - 360		9/1/2004
85599488 1			144,500.00		144,146.09		03-Dec-2004		7.050%		RI - 64.22%		Paid Off - 360		9/1/2004
85632222 1			290,000.00		289,209.23		12-Nov-2004		6.500%		CA - 56.86%		Paid Off - 360		9/1/2004
85726800 1			116,450.00		116,323.99		22-Nov-2004		10.990%		WI - 84.69%		Paid Off - 360		9/1/2004
85731388 1			64,446.00		63,772.36		30-Nov-2004		11.100%		WI - 71.61%		Paid Off - 360		9/1/2004
85755767 1			60,000.00		59,926.26		18-Nov-2004		10.400%		MN - 31.58%		Paid Off - 360		9/1/2004
85767366 1			60,000.00		59,938.65		08-Dec-2004		11.250%		ME - 64.52%		Paid Off - 360		9/1/2004
85908580 1			62,025.00		61,949.60		10-Dec-2004		10.450%		FL - 75.00%		Paid Off - 360		9/1/2004
85914463 1			246,500.00		245,889.08		18-Nov-2004		6.990%		MD - 85.00%		Paid Off - 360		9/1/2004
85991149 2			463,500.00		462,651.63		26-Nov-2004		8.500%		IL - 90.00%		Paid Off - 360		9/1/2004
86046323 1			127,500.00		127,187.70		12-Nov-2004		7.050%		OR - 75.00%		Paid Off - 360		9/1/2004
86062148 1			111,938.00		111,701.84		01-Dec-2004		7.800%		GA - 82.31%		Paid Off - 360		9/1/2004
86086907 1			86,624.00		86,519.80		10-Dec-2004		10.500%		CA - 75.00%		Paid Off - 360		9/1/2004
86220084 1			91,032.00		90,821.86		16-Nov-2004		7.350%		WI - 90.00%		Paid Off - 360		9/1/2004
86267184 1			136,500.00		136,141.95		23-Nov-2004		6.700%		CA - 34.07%		Paid Off - 360		9/1/2004
86337508 1			365,000.00		363,883.42		22-Nov-2004		5.900%		NY - 76.84%		Paid Off - 360		9/1/2004
86349008 1			65,250.00		65,181.60		07-Dec-2004		11.250%		GA - 75.00%		Paid Off - 360		9/1/2004
86398427 1			265,825.00		263,840.41		30-Nov-2004		6.600%		NY - 55.38%		Paid Off - 360		9/1/2004
86447166 1			107,250.00		107,028.18		24-Nov-2004		8.500%		FL - 75.00%		Paid Off - 360		9/1/2004
86454683 1			127,600.00		127,361.61		12-Nov-2004		8.400%		NV - 72.91%		Paid Off - 360		9/1/2004
86480266 1			153,000.00		152,689.31		22-Nov-2004		7.990%		MD - 70.51%		Paid Off - 360		9/1/2004
86611621 1			128,590.00		128,287.21		30-Nov-2004		7.250%		ME - 90.00%		Paid Off - 360		9/1/2004
86632783 1			211,000.00		210,531.95		23-Nov-2004		7.550%		CA - 52.75%		Paid Off - 360		9/1/2004
86724325 2			187,000.00		186,601.47		19-Nov-2004		7.750%		MD - 84.47%		Paid Off - 360		9/1/2004
86769346 1			175,000.00		174,619.48		07-Dec-2004		7.650%		NJ - 60.34%		Paid Off - 360		9/1/2004
86814704 2			379,000.00		378,089.82		08-Dec-2004		7.150%		CA - 77.35%		Paid Off - 360		9/1/2004
86841483 2			91,000.00		90,875.59		10-Dec-2004		9.900%		AL - 67.41%		Paid Off - 360		9/1/2004
86866928 1			94,000.00		93,798.66		07-Dec-2004		7.950%		CA - 78.07%		Paid Off - 360		9/1/2004
86892528 1			194,000.00		192,766.92		01-Dec-2004		6.050%		MD - 88.18%		Paid Off - 360		9/1/2004
87215588 1			131,300.00		129,999.02		30-Nov-2004		7.990%		MO - 65.00%		Paid Off - 360		9/1/2004
87426649 1			181,087.00		179,938.88		22-Nov-2004		6.450%		CA - 55.89%		Paid Off - 240		9/1/2004
87558748 1			200,000.00		199,764.59		10-Dec-2004		10.600%		NY - 53.33%		Paid Off - 360		9/1/2004
83874347 1			64,453.00		64,372.93		08-Dec-2004		10.350%		IA - 80.57%		Repur/Subs - 360		9/1/2004


TOTAL			20,952,423.00		20,882,267.20
TOTAL


Page 20 of 26
Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



										Group 2		Group 1		Total


*Current*
*Current*



Number of Loans Liquidated									0		0		0
Collateral Principal Realized Loss/(Gain) Amount									0.00		0.00		0.00
Collateral Interest Realized Loss/(Gain) Amount									0.00		0.00		0.00
Net Liquidation Proceeds									0.00		0.00		0.00

*Cumulative*
*Cumulative*



Number of Loans Liquidated									0		0		0
Collateral Realized Loss/(Gain) Amount									0.00		0.00		0.00
Net Liquidation Proceeds									0.00		0.00		0.00










Page 21 of 26
Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution


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									0.00%		0.00%		0.00%
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									0.00%		0.00%		0.00%
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									0.00%		0.00%		0.00%
Avg SDA Since Cut-off Approximation									0.00%		0.00%		0.00%


Loss Severity Approximation for Current Period									0.00%		0.00%		0.00%
3 Months Avg Loss Severity Approximation									0.00%		0.00%		0.00%
12 Months Avg Loss Severity Approximation									0.00%		0.00%		0.00%
Avg Loss Severity Approximation Since Cut-off									0.00%		0.00%		0.00%












Page 22 of 26
Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution





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 23 of 26
Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution
Realized Loss Detail Report
Loan Number			Current		State &			Prior		Realized				Cumulative
														Cumulative
&		Loan	Note		LTV at	Original		Principal		Loss/(Gain)		Realized		Realized

Loan Group		Status	Rate		Origination	Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)
Loan Group		Status	Rate		Origination	Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)




TOTAL



Page 24 of 26
Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
									Group 2		Group 1		Total
Does a Trigger Event Exist? (0=No,1=Yes)													0
Has a Stepdown Date Occurred? (0=No,1=Yes)													0

60+ Day Delinquent Balance													6,273,167.89
Ending Balance													945,389,070.57
Delinquency Percentage													0.663554%

Certificate Balances of Mezzanine and C Classes													129,999,997.03
Ending Balance													945,389,070.57
Credit Enhancement Percentage													13.750952%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
									Group 2		Group 1		Total
Current LIBOR Rate													2.180000%
Next LIBOR Rate													2.417500%




Page 25 of 26
Ameriquest Mortgage Securities, Inc. 2004-R9

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2004-R9

December 27, 2004 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

									Next Pass Through Rate			NET WAC Shortfall CarryOver		NET WAC Shortfall Paid
CLASS

			A-1						0.03%			$0.00		$0.00
									0.03%			$0.00		$0.00
			A-2						0.03%			$0.00		$0.00
									0.03%			$0.00		$0.00
			A-3						0.03%			$0.00		$0.00
									0.03%			$0.00		$0.00
			A-4						0.03%			$0.00		$0.00
									0.03%			$0.00		$0.00
			M-1						0.03%			$0.00		$0.00
									0.03%			$0.00		$0.00
			M-2						0.03%			$0.00		$0.00
									0.03%			$0.00		$0.00
			M-3						0.03%			$0.00		$0.00
									0.03%			$0.00		$0.00
			M-4						0.04%			$0.00		$0.00
									0.04%			$0.00		$0.00
			M-5						0.04%			$0.00		$0.00
									0.04%			$0.00		$0.00
			M-6						0.04%			$0.00		$0.00
									0.04%			$0.00		$0.00
			M-7						0.04%			$0.00		$0.00
									0.04%			$0.00		$0.00
			M-8						0.05%			$0.00		$0.00
									0.05%			$0.00		$0.00
			M-9						0.05%			$0.00		$0.00
									0.05%			$0.00		$0.00
			CE						0.00%			$0.00		$0.00
									0.00%			$0.00		$0.00
			P						0.00%			$0.00		$0.00
									0.00%			$0.00		$0.00
			R						0.00%			$0.00		$0.00
									0.00%			$0.00		$0.00






Page 26 of 26

AMERIQUEST MORTGAGE SECURITIES INC ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2004-R9 8-K