
                                      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):  May 25, 2005
                          (Date of earliest event reported):

                  Argent Securities Inc. (as Depositor under the Sale
         and Servicing Agreement, dated as April 19, 2004, providing for the
          issuance of Asset-Backed Pass-Through Certificates, Series 2005-W1)
                 (Exact name of registrant as specified in charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-112237-05                         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 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
     May 25, 2005.

                                    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 Indenture Trustee under
                                  the Pooling and Servicing Agreement on
                                  behalf of Argent Securities Inc., Registrant


          Date:  Jun 02, 2005               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

          99.1 Monthly Remittance Statement to the Certificateholders
          dated as of May 25, 2005.



Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				Argent Mortgage Co.,LLC						1. Certificate Payment Report					2
				Argent Mortgage Co.,LLC						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

				Radian Insurance Inc.						7. Foreclosure Report					14
										8. Prepayment Report					15
										9. Prepayment Detail Report					18
										9. Prepayment Detail Report					18
										10. Realized Loss Report					22
										11. Realized Loss Detail Report					25
				Servicer(s)						11. Realized Loss Detail Report					25
				Servicer(s)						12. Triggers and Adj. Cert. Report					26
				Ameriquest Mortgage Corp						12. Triggers and Adj. Cert. Report					26
				Ameriquest Mortgage Corp


				Underwriter(s)
				Morgan Stanley
				Goldman Sachs & Co.
				BNP Paribas
				RBS Greenwich Capital

										Total Number of Pages					26
															26


				Dates						Contacts

				Cut-Off Date:			April 01, 2005			Valerie Delgado
				Close Date:			April 19, 2005			Administrator
				First Distribution Date:			May 25, 2005			(714) 247-6273
										valerie.m.delgado@db.com
										valerie.m.delgado@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			May 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			April 29, 2005			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							May 24, 2005
							May 24, 2005

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






Page 1 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution -
					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	$	1,185,762,000.00		1,185,762,000.00		3,818,153.64		14,149,492.06		17,967,645.70		0.00		0.00		1,171,612,507.94
A-1	SR	$	1,185,762,000.00		1,185,762,000.00		3,818,153.64		14,149,492.06		17,967,645.70		0.00		0.00		1,171,612,507.94
A-2	SR	$	1,232,988,000.00		1,232,988,000.00		3,970,221.36		18,377,642.10		22,347,863.46		0.00		0.00		1,214,610,357.90
TRUST	RES	$	0.00		0.00		2,959,714.50		0.00		2,959,714.50		0.00		0.00		0.00






Total			2,418,750,000.00		2,418,750,000.00		10,748,089.50		32,527,134.16		43,275,223.66		0.00		0.00		2,386,222,865.84
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	04/19/05		05/24/05		A-Act/360		040104MX6		1,185,762,000.00		1,000.000000		3.220000		11.932826		15.152826	988.067174
A-2	04/19/05		05/24/05		A-Act/360		040104MY4		1,232,988,000.00		1,000.000000		3.220000		14.904964		18.124964	985.095036
TRUST	04/01/05		04/30/05		A-30/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000








Page 2 of 26
Argent Mortgage Loan Trust 2005-W1

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Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 Distribution

Distribution to Date -
																	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	1,185,762,000.00		3,818,153.64		13,295,456.78		854,035.28		14,149,492.06		17,967,645.70		0.00		0.00		1,171,612,507.94
A-2	1,232,988,000.00		3,970,221.36		17,268,404.06		1,109,238.04		18,377,642.10		22,347,863.46		0.00		0.00		1,214,610,357.90
TRUST	0.00		2,959,714.50		0.00		0.00		0.00		2,959,714.50		0.00		0.00		0.00






Total	2,418,750,000.00		10,748,089.50		30,563,860.84		1,963,273.32		32,527,134.16		43,275,223.66		0.00		0.00		2,386,222,865.84


Interest Detail -
	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	3.09948%		1,185,762,000.00		3,675,249.40		0.00		0.00		0.00		3,675,249.40		3,818,153.64		0.00
A-2	3.22000%		1,232,988,000.00		3,970,221.36		0.00		0.00		0.00		3,970,221.36		3,970,221.36		0.00
TRUST	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		2,959,714.50		0.00






Total			2,418,750,000.00		7,645,470.76		0.00		0.00		0.00		7,645,470.76		10,748,089.50		0.00



Page 3 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
										Group 2		Group 1		Total
Principal Collections										18,377,757.35		14,149,580.80		32,527,338.15
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										18,377,757.35		14,149,580.80		32,527,338.15
Interest Collections										7,441,443.56		7,175,362.71		14,616,806.27
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts										(1,250,433.97)		(1,230,781.45)		(2,481,215.42)
Interest Fees										-698,628.89		-689,076.45		-1,387,705.34
TOTAL NET INTEREST										5,492,380.70		5,255,504.81		10,747,885.51
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										23,870,138.05		19,405,085.61		43,275,223.66



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											974,116.96		989,156.36		1,963,273.32
Prepayments In Full											15,077,073.92		10,413,542.60		25,490,616.52
Curtailments											379,890.84		96,374.21		476,265.05
Liquidations											0.00		0.00		0.00
Insurance Principal											0.00		0.00		0.00
Repurchased Principal Amounts											1,946,675.63		2,650,507.63		4,597,183.26
Other Principal											0.00		0.00		0.00
Total Realized Loss Of Principal											-0.00		-0.00		-0.00
Delinquent Principal											-364,311.21		-332,627.31		-696,938.52
Advanced Principal											364,311.21		332,627.31		696,938.52
TOTAL PRINCIPAL COLLECTED											18,377,757.35		14,149,580.80		32,527,338.15


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



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





Page 4 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										7,634,467.82		7,337,084.94		14,971,552.76
Liquidation Interest										0.00		0.00		0.00
Repurchased Interest										10,154.90		15,702.16		25,857.06
Insurance Interest										0.00		0.00		0.00
Other Interest										0.00		0.00		0.00
Relief Act Interest Shortfalls										-0.00		-0.00		-0.00
Prepayment Interest Shortfalls										-14,045.75		-9,695.95		-23,741.70
Compensating Interest										14,045.75		9,695.95		23,741.70
Delinquent Interest										-3,018,497.18		-2,632,901.31		-5,651,398.49
Interest Advanced										2,815,318.03		2,455,476.91		5,270,794.94
TOTAL INTEREST COLLECTED										7,441,443.56		7,175,362.71		14,616,806.27


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
										Group 2		Group 1		Total
Nonrecoverable Advances										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										150,365.09		120,294.49		270,659.58
Net Swap Payment: Inflow/(Outflow)										(1,400,799.06)		(1,351,075.94)		(2,751,875.00)
TOTAL INTEREST OTHER ACCOUNTS										(1,250,433.97)		(1,230,781.45)		(2,481,215.42)



INTEREST - FEES
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										327,823.49		333,239.71		661,063.20
Trustee Fees										902.70		868.13		1,770.83
FGIC Insurance Premium										147,958.56		142,291.44		290,250.00
Pool Insurance Premium										221,944.14		212,677.17		434,621.31
TOTAL INTEREST OTHER FEES										698,628.89		689,076.45		1,387,705.34




Page 5 of 26
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Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS

SPACE INTENTIONALLY LEFT BLANK



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
										Group 2		Group 1		Total
Begining Overcollateralization Amount														81,250,210.84
Ending Overcollateralized Amount														81,250,006.85
Overcollateralization Release Amount														203.99
Overcollateralization Deficiency Amount														0.00
Overcollateralization Target Amount														81,250,006.85




Page 6 of 26
Argent Mortgage Loan Trust 2005-W1

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Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										5,441		7,808		13,249
Prior										5,441		7,808		13,249
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-50		-57		-107
Repurchases										-7		-13		-20
Liquidations										-0		-0		-0
Current										5,384		7,738		13,122
Principal Balance:


Original										1,274,406,350.42		1,225,593,860.42		2,500,000,210.84
Prior										1,274,406,350.42		1,225,593,860.42		2,500,000,210.84
Prefunding										0.00		0.00		0.00
Scheduled Principal										-974,116.96		-989,156.36		-1,963,273.32
Partial Prepayments										-379,890.84		-96,374.21		-476,265.05
Full Voluntary Prepayments										-15,077,073.92		-10,413,542.60		-25,490,616.52
Repurchases										-1,946,675.63		-2,650,507.63		-4,597,183.26
Liquidations										-0.00		-0.00		-0.00
Current										1,256,028,593.07		1,211,444,279.62		2,467,472,872.69





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 26
Argent Mortgage Loan Trust 2005-W1

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Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										7.19829%		7.19924%		7.19876%
Weighted Average Coupon Prior										7.19829%		7.19924%		7.19876%
Weighted Average Coupon Current										7.19829%		7.19924%		7.19876%
Weighted Average Months to Maturity Original										356		355		355
Weighted Average Months to Maturity Prior										356		355		355
Weighted Average Months to Maturity Current										356		355		355
Weighted Avg Remaining Amortization Term Original										356		355		355
Weighted Avg Remaining Amortization Term Prior										356		355		355
Weighted Avg Remaining Amortization Term Current										356		355		355
Weighted Average Seasoning Original										2.56		2.57		2.57
Weighted Average Seasoning Prior										2.56		2.57		2.57
Weighted Average Seasoning Current										2.56		2.57		2.57









Page 8 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										5.92513%		5.90336%		5.91446%
Weighted Average Margin Prior										5.92513%		5.90336%		5.91446%
Weighted Average Margin Current										5.92513%		5.90336%		5.91446%
Weighted Average Max Rate Original										13.40370%		13.39495%		13.39941%
Weighted Average Max Rate Prior										13.40370%		13.39495%		13.39941%
Weighted Average Max Rate Current										13.40370%		13.39495%		13.39941%
Weighted Average Min Rate Original										7.40370%		7.39495%		7.39941%
Weighted Average Min Rate Prior										7.40370%		7.39495%		7.39941%
Weighted Average Min Rate Current										7.40370%		7.39495%		7.39941%
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										327,823.49		333,239.71		661,063.20
Delinquent Servicing Fees										203,179.15		177,424.39		380,603.54
TOTAL SERVICING FEES										531,002.66		510,664.13		1,041,666.79


Compensating Interest										-14,045.75		-9,695.95		-23,741.70
Delinquent Servicing Fees										-203,179.15		-177,424.39		-380,603.54
COLLECTED SERVICING FEES										313,777.75		323,543.77		637,321.52


Aggregate Advances with respect to this Distribution										3,179,629.24		2,788,104.22		5,967,733.46





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Net Prepayment Interest Shortfall										0.00		0.00		0.00
Libor For Current Period														2.9800%




Page 9 of 26
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Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				70,275.68		0.00		0.00		70,275.68
			% Balance				0.00%		0.00%		0.00%		0.00%
			# Loans				1		0		0		1
			% # Loans				0.01%		0.00%		0.00%		0.01%
	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		511,983.12		0.00		0.00		0.00		511,983.12
			% Balance		0.02%		0.00%		0.00%		0.00%		0.02%
			# Loans		5		0		0		0		5
			% # Loans		0.04%		0.00%		0.00%		0.00%		0.04%
	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		511,983.12		70,275.68		0.00		0.00		582,258.80
			% Balance		0.02%		0.00%		0.00%		0.00%		0.02%
			# Loans		5		1		0		0		6
			% # Loans		0.04%		0.01%		0.00%		0.00%		0.05%









Page 10 of 26
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2005-W1

May 25, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				0.00		0.00		0.00		0.00
			% Balance				0.00%		0.00%		0.00%		0.00%
			# Loans				0		0		0		0
			% # Loans				0.00%		0.00%		0.00%		0.00%
	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		511,983.12		0.00		0.00		0.00		511,983.12
			% Balance		0.04%		0.00%		0.00%		0.00%		0.04%
			# Loans		5		0		0		0		5
			% # Loans		0.06%		0.00%		0.00%		0.00%		0.06%
	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		511,983.12		0.00		0.00		0.00		511,983.12
			% Balance		0.04%		0.00%		0.00%		0.00%		0.04%
			# Loans		5		0		0		0		5
			% # Loans		0.06%		0.00%		0.00%		0.00%		0.06%










Page 11 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				70,275.68		0.00		0.00		70,275.68
			% Balance				0.01%		0.00%		0.00%		0.01%
			# Loans				1		0		0		1
			% # Loans				0.02%		0.00%		0.00%		0.02%
	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		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%
	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		0.00		70,275.68		0.00		0.00		70,275.68
			% Balance		0.00%		0.01%		0.00%		0.00%		0.01%
			# Loans		0		1		0		0		1
			% # Loans		0.00%		0.02%		0.00%		0.00%		0.02%









Page 12 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 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




TOTAL



Page 13 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 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




TOTAL



Page 14 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										50		57		107
Number of Repurchased Loans										7		13		20
Total Number of Loans Prepaid in Full										57		70		127
Curtailments Amount										379,890.84		96,374.21		476,265.05
Paid in Full Balance										15,077,073.92		10,413,542.60		25,490,616.52
Repurchased Loans Balance										1,946,675.63		2,650,507.63		4,597,183.26
Total Prepayment Amount										17,403,640.39		13,160,424.44		30,564,064.83

Cumulative


Number of Paid in Full Loans										50		57		107
Number of Repurchased Loans										7		13		20
Total Number of Loans Prepaid in Full										57		70		127
Paid in Full Balance										15,077,073.92		10,413,542.60		25,490,616.52
Repurchased Loans Balance										1,946,675.63		2,650,507.63		4,597,183.26
Curtailments Amount										379,890.84		96,374.21		476,265.05
Total Prepayment Amount										17,403,640.39		13,160,424.44		30,564,064.83










Page 15 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

											Group 2		Group 1		Total



SMM										1.37%		1.07%		1.22%
3 Months Avg SMM										1.37%		1.07%		1.22%
12 Months Avg SMM										1.37%		1.07%		1.22%
Avg SMM Since Cut-off										1.37%		1.07%		1.22%


CPR										15.22%		12.16%		13.73%
3 Months Avg CPR										15.22%		12.16%		13.73%
12 Months Avg CPR										15.22%		12.16%		13.73%
Avg CPR Since Cut-off										15.22%		12.16%		13.73%


PSA										2,969.80%		2,362.29%		2,673.74%
3 Months Avg PSA Approximation										2,969.80%		2,362.30%		2,673.74%
12 Months Avg PSA Approximation										2,969.80%		2,362.30%		2,673.74%
Avg PSA Since Cut-off Approximation										2,969.80%		2,362.30%		2,673.74%










Page 16 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 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/(0.002min(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) Conditional Prepayment Rate (CPR): 1-((1-SMM)^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) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.













Page 17 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 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

66442617 1			187,000.00		186,782.91			26-Apr-2005		8.725%		IL - 69.26%		Paid Off - 360		01-Mar-2005
			187,000.00

66780990 2			316,350.00		315,919.72			12-Apr-2005		7.950%		NJ - 95.00%		Paid Off - 360		01-Mar-2005
66780990 2					315,919.72			12-Apr-2005		7.950%		NJ - 95.00%		Paid Off - 360		01-Mar-2005
66793712 2			270,700.00		270,092.29			21-Apr-2005		7.490%		IL - 94.98%		Paid Off - 360		01-Feb-2005
66793712 2					270,092.29			21-Apr-2005		7.490%		IL - 94.98%		Paid Off - 360		01-Feb-2005
66805953 1			129,500.00		129,205.01			02-May-2005		9.875%		OH - 70.00%		Paid Off - 360		01-Jan-2005
66805953 1					129,205.01			02-May-2005		9.875%		OH - 70.00%		Paid Off - 360		01-Jan-2005
67278275 2			168,750.00		168,273.73			03-May-2005		7.800%		MD - 75.00%		Paid Off - 360		01-Jan-2005
67278275 2					168,273.73			03-May-2005		7.800%		MD - 75.00%		Paid Off - 360		01-Jan-2005
67479113 1			306,000.00		305,050.04			27-Apr-2005		7.350%		NJ - 79.48%		Paid Off - 360		01-Jan-2005
67479113 1					305,050.04			27-Apr-2005		7.350%		NJ - 79.48%		Paid Off - 360		01-Jan-2005
67662536 2			181,331.00		181,215.37			30-Apr-2005		8.250%		FL - 80.00%		Paid Off - 360		01-Apr-2005
67662536 2					181,215.37			30-Apr-2005		8.250%		FL - 80.00%		Paid Off - 360		01-Apr-2005
67765230 1			212,000.00		211,674.75			14-Apr-2005		7.350%		NY - 74.39%		Paid Off - 360		01-Mar-2005
67765230 1					211,674.75			14-Apr-2005		7.350%		NY - 74.39%		Paid Off - 360		01-Mar-2005
67845875 2			405,000.00		404,554.97			10-May-2005		8.990%		NJ - 90.00%		Paid Off - 360		01-Mar-2005
67845875 2					404,554.97			10-May-2005		8.990%		NJ - 90.00%		Paid Off - 360		01-Mar-2005
67989335 2			191,920.00		191,773.23			09-May-2005		7.350%		MD - 80.00%		Paid Off - 360		01-Apr-2005
67989335 2					191,773.23			09-May-2005		7.350%		MD - 80.00%		Paid Off - 360		01-Apr-2005
68034313 1			142,000.00		141,547.80			02-May-2005		7.287%		MI - 93.42%		Paid Off - 360		01-Jan-2005
68034313 1					141,547.80			02-May-2005		7.287%		MI - 93.42%		Paid Off - 360		01-Jan-2005
68275239 1			280,000.00		279,574.69			29-Apr-2005		7.400%		CT - 79.89%		Paid Off - 360		01-Mar-2005
68275239 1					279,574.69			29-Apr-2005		7.400%		CT - 79.89%		Paid Off - 360		01-Mar-2005
68416197 2			171,000.00		170,708.77			11-Apr-2005		8.850%		FL - 95.00%		Paid Off - 360		01-Feb-2005
68416197 2					170,708.77			11-Apr-2005		8.850%		FL - 95.00%		Paid Off - 360		01-Feb-2005
68425156 2			143,055.00		142,734.47			13-Apr-2005		7.500%		MN - 85.00%		Paid Off - 360		01-Feb-2005
68425156 2					142,734.47			13-Apr-2005		7.500%		MN - 85.00%		Paid Off - 360		01-Feb-2005
68497932 2			251,200.00		251,046.25			22-Apr-2005		8.450%		MI - 80.00%		Paid Off - 360		01-Apr-2005
68497932 2					251,046.25			22-Apr-2005		8.450%		MI - 80.00%		Paid Off - 360		01-Apr-2005
68565639 2			628,000.00		626,967.46			09-May-2005		7.000%		MD - 80.00%		Paid Off - 360		01-Mar-2005
68565639 2					626,967.46			09-May-2005		7.000%		MD - 80.00%		Paid Off - 360		01-Mar-2005
68677954 2			580,000.00		579,046.37			14-Apr-2005		7.000%		NJ - 87.48%		Paid Off - 360		01-Mar-2005
68677954 2					579,046.37			14-Apr-2005		7.000%		NJ - 87.48%		Paid Off - 360		01-Mar-2005
68710037 1			270,000.00		269,424.59			29-Apr-2005		7.750%		CA - 90.00%		Paid Off - 360		01-Feb-2005
68710037 1					269,424.59			29-Apr-2005		7.750%		CA - 90.00%		Paid Off - 360		01-Feb-2005
68764919 1			148,763.00		148,458.48			05-May-2005		7.950%		FL - 95.00%		Paid Off - 360		01-Feb-2005
68764919 1					148,458.48			05-May-2005		7.950%		FL - 95.00%		Paid Off - 360		01-Feb-2005
68821511 1			283,500.00		282,649.07			29-Apr-2005		6.000%		CA - 90.00%		Paid Off - 360		01-Feb-2005
68821511 1					282,649.07			29-Apr-2005		6.000%		CA - 90.00%		Paid Off - 360		01-Feb-2005
68833235 1			80,550.00		80,438.98			11-Apr-2005		9.700%		MD - 90.00%		Paid Off - 360		01-Mar-2005
68833235 1					80,438.98			11-Apr-2005		9.700%		MD - 90.00%		Paid Off - 360		01-Mar-2005
68833938 2			75,000.00		73,911.24			27-Apr-2005		7.850%		OH - 39.27%		Paid Off - 360		01-Apr-2005
68833938 2					73,911.24			27-Apr-2005		7.850%		OH - 39.27%		Paid Off - 360		01-Apr-2005
68968759 2			185,250.00		185,031.58			26-Apr-2005		8.650%		IL - 95.00%		Paid Off - 360		01-Mar-2005
68968759 2					185,031.58			26-Apr-2005		8.650%		IL - 95.00%		Paid Off - 360		01-Mar-2005
68968999 2			392,000.00		390,706.87			09-May-2005		5.500%		CA - 80.00%		Paid Off - 360		01-Feb-2005
68968999 2					390,706.87			09-May-2005		5.500%		CA - 80.00%		Paid Off - 360		01-Feb-2005
69044717 1			280,000.00		279,372.66			02-May-2005		7.500%		MD - 83.58%		Paid Off - 360		01-Feb-2005
69044717 1					279,372.66			02-May-2005		7.500%		MD - 83.58%		Paid Off - 360		01-Feb-2005
69303030 2			344,850.00		344,120.51			02-May-2005		7.787%		NJ - 95.00%		Paid Off - 360		01-Feb-2005
69303030 2					344,120.51			02-May-2005		7.787%		NJ - 95.00%		Paid Off - 360		01-Feb-2005
69327039 1			235,000.00		234,529.85			04-May-2005		7.450%		CA - 57.88%		Paid Off - 360		01-Mar-2005
69327039 1					234,529.85			04-May-2005		7.450%		CA - 57.88%		Paid Off - 360		01-Mar-2005
69345957 2			419,000.00		417,681.29			15-Apr-2005		5.750%		CA - 74.69%		Paid Off - 360		01-Feb-2005
69345957 2					417,681.29			15-Apr-2005		5.750%		CA - 74.69%		Paid Off - 360		01-Feb-2005
69439313 1			192,000.00		191,569.82			04-May-2005		7.500%		CA - 79.01%		Paid Off - 360		01-Feb-2005
69439313 1					191,569.82			04-May-2005		7.500%		CA - 79.01%		Paid Off - 360		01-Feb-2005
69518991 1			164,000.00		163,674.52			06-May-2005		6.030%		CA - 59.64%		Paid Off - 360		01-Mar-2005
69518991 1					163,674.52			06-May-2005		6.030%		CA - 59.64%		Paid Off - 360		01-Mar-2005
69520310 2			468,000.00		467,203.62			03-May-2005		6.825%		CA - 80.00%		Paid Off - 360		01-Mar-2005
69520310 2					467,203.62			03-May-2005		6.825%		CA - 80.00%		Paid Off - 360		01-Mar-2005
69591352 1			150,000.00		149,632.60			26-Apr-2005		7.050%		FL - 75.00%		Paid Off - 360		01-Feb-2005
69591352 1					149,632.60			26-Apr-2005		7.050%		FL - 75.00%		Paid Off - 360		01-Feb-2005
69727196 1			120,000.00		119,769.47			04-May-2005		6.200%		CA - 60.00%		Paid Off - 360		01-Mar-2005
69727196 1					119,769.47			04-May-2005		6.200%		CA - 60.00%		Paid Off - 360		01-Mar-2005
69801959 1			180,000.00		179,755.17			06-May-2005		7.950%		WA - 90.00%		Paid Off - 360		01-Mar-2005
69801959 1					179,755.17			06-May-2005		7.950%		WA - 90.00%		Paid Off - 360		01-Mar-2005
69829711 1			211,250.00		210,781.39			25-Apr-2005		7.550%		CA - 60.36%		Paid Off - 360		01-Feb-2005
69829711 1					210,781.39			25-Apr-2005		7.550%		CA - 60.36%		Paid Off - 360		01-Feb-2005
69841955 1			105,000.00		104,856.81			18-Apr-2005		7.937%		CA - 20.39%		Paid Off - 360		01-Mar-2005
69841955 1					104,856.81			18-Apr-2005		7.937%		CA - 20.39%		Paid Off - 360		01-Mar-2005
69847077 1			328,000.00		327,393.73			06-May-2005		6.400%		CA - 74.55%		Paid Off - 360		01-Mar-2005
69847077 1					327,393.73					6.400%		CA - 74.55%		Paid Off - 360



Page 18 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 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

69865590 1			67,050.00		66,959.72			30-Apr-2005		8.000%		IN - 90.00%		Paid Off - 360		01-Mar-2005
			67,050.00

69889517 2			193,000.00		192,708.22			27-Apr-2005		8.025%		NV - 56.77%		Paid Off - 360		01-Mar-2005
69889517 2					192,708.22			27-Apr-2005		8.025%		NV - 56.77%		Paid Off - 360		01-Mar-2005
69906154 2			84,000.00		83,939.81			19-Apr-2005		11.000%		CT - 70.00%		Paid Off - 360		01-Mar-2005
69906154 2					83,939.81			19-Apr-2005		11.000%		CT - 70.00%		Paid Off - 360		01-Mar-2005
69916476 1			200,000.00		199,654.63			03-May-2005		6.750%		PA - 55.56%		Paid Off - 360		01-Mar-2005
69916476 1					199,654.63			03-May-2005		6.750%		PA - 55.56%		Paid Off - 360		01-Mar-2005
69932796 1			225,000.00		224,566.62			04-May-2005		8.250%		UT - 90.00%		Paid Off - 360		01-Feb-2005
69932796 1					224,566.62			04-May-2005		8.250%		UT - 90.00%		Paid Off - 360		01-Feb-2005
69947836 2			360,000.00		358,647.03			09-May-2005		7.200%		NY - 90.00%		Paid Off - 240		01-Mar-2005
69947836 2					358,647.03			09-May-2005		7.200%		NY - 90.00%		Paid Off - 240		01-Mar-2005
69952679 2			698,000.00		696,604.13			02-May-2005		5.990%		CA - 90.00%		Paid Off - 360		01-Mar-2005
69952679 2					696,604.13			02-May-2005		5.990%		CA - 90.00%		Paid Off - 360		01-Mar-2005
69994275 2			211,500.00		211,234.80			25-Apr-2005		8.350%		FL - 90.00%		Paid Off - 360		01-Mar-2005
69994275 2					211,234.80			25-Apr-2005		8.350%		FL - 90.00%		Paid Off - 360		01-Mar-2005
70014592 1			66,150.00		66,060.92			06-May-2005		8.000%		OH - 90.00%		Paid Off - 360		01-Mar-2005
70014592 1					66,060.92			06-May-2005		8.000%		OH - 90.00%		Paid Off - 360		01-Mar-2005
70031513 2			189,760.00		189,572.58			11-Apr-2005		9.500%		MA - 80.00%		Paid Off - 360		01-Mar-2005
70031513 2					189,572.58			11-Apr-2005		9.500%		MA - 80.00%		Paid Off - 360		01-Mar-2005
70039672 1			144,000.00		143,776.86			02-May-2005		7.300%		CA - 80.00%		Paid Off - 360		01-Mar-2005
70039672 1					143,776.86			02-May-2005		7.300%		CA - 80.00%		Paid Off - 360		01-Mar-2005
70046198 1			280,000.00		279,663.02			13-Apr-2005		8.550%		IL - 77.78%		Paid Off - 360		01-Mar-2005
70046198 1					279,663.02			13-Apr-2005		8.550%		IL - 77.78%		Paid Off - 360		01-Mar-2005
70191119 2			160,000.00		159,759.36			05-May-2005		7.450%		CA - 80.00%		Paid Off - 360		01-Mar-2005
70191119 2					159,759.36			05-May-2005		7.450%		CA - 80.00%		Paid Off - 360		01-Mar-2005
70250634 1			110,700.00		110,569.47			12-Apr-2005		8.650%		MS - 90.00%		Paid Off - 360		01-Mar-2005
70250634 1					110,569.47			12-Apr-2005		8.650%		MS - 90.00%		Paid Off - 360		01-Mar-2005
70377551 1			222,500.00		222,184.90			26-Apr-2005		7.750%		MD - 84.92%		Paid Off - 360		01-Mar-2005
70377551 1					222,184.90			26-Apr-2005		7.750%		MD - 84.92%		Paid Off - 360		01-Mar-2005
70396833 1			161,500.00		161,271.28			09-May-2005		7.750%		WI - 85.00%		Paid Off - 360		01-Mar-2005
70396833 1					161,271.28			09-May-2005		7.750%		WI - 85.00%		Paid Off - 360		01-Mar-2005
70432034 1			160,000.00		159,795.24			06-May-2005		8.250%		IL - 66.67%		Paid Off - 360		01-Mar-2005
70432034 1					159,795.24			06-May-2005		8.250%		IL - 66.67%		Paid Off - 360		01-Mar-2005
70447115 2			211,500.00		211,237.50			10-May-2005		8.400%		AZ - 90.00%		Paid Off - 360		01-Mar-2005
70447115 2					211,237.50			10-May-2005		8.400%		AZ - 90.00%		Paid Off - 360		01-Mar-2005
70483839 2			459,800.00		458,982.44			02-May-2005		6.600%		CA - 95.00%		Paid Off - 360		01-Mar-2005
70483839 2					458,982.44			02-May-2005		6.600%		CA - 95.00%		Paid Off - 360		01-Mar-2005
70622915 1			162,000.00		161,798.94			06-May-2005		8.400%		AZ - 90.00%		Paid Off - 360		01-Mar-2005
70622915 1					161,798.94			06-May-2005		8.400%		AZ - 90.00%		Paid Off - 360		01-Mar-2005
70645155 1			108,000.00		107,858.22			05-May-2005		8.125%		GA - 90.00%		Paid Off - 360		01-Mar-2005
70645155 1					107,858.22			05-May-2005		8.125%		GA - 90.00%		Paid Off - 360		01-Mar-2005
70665153 2			127,800.00		#######			25-Apr-2005		8.900%		FL - 90.00%		Paid Off - 360		01-Mar-2005
70665153 2								25-Apr-2005		8.900%		FL - 90.00%		Paid Off - 360		01-Mar-2005
70685110 2			415,200.00		414,575.59			03-May-2005		7.450%		NV - 80.00%		Paid Off - 360		01-Mar-2005
70685110 2					414,575.59			03-May-2005		7.450%		NV - 80.00%		Paid Off - 360		01-Mar-2005
70787437 1			112,100.00		111,941.01			26-Apr-2005		7.850%		AZ - 95.00%		Paid Off - 360		01-Mar-2005
70787437 1					111,941.01			26-Apr-2005		7.850%		AZ - 95.00%		Paid Off - 360		01-Mar-2005
70787791 2			495,000.00		494,737.95			05-May-2005		9.150%		CA - 75.00%		Paid Off - 360		01-Apr-2005
70787791 2					494,737.95			05-May-2005		9.150%		CA - 75.00%		Paid Off - 360		01-Apr-2005
70795232 1			65,000.00		64,875.12			03-May-2005		6.200%		IA - 72.22%		Paid Off - 360		01-Mar-2005
70795232 1					64,875.12			03-May-2005		6.200%		IA - 72.22%		Paid Off - 360		01-Mar-2005
70871314 2			106,250.00		106,088.60			10-May-2005		7.400%		IL - 81.73%		Paid Off - 360		01-Mar-2005
70871314 2					106,088.60			10-May-2005		7.400%		IL - 81.73%		Paid Off - 360		01-Mar-2005
70925110 2			380,000.00		379,461.86			19-Apr-2005		7.750%		CA - 80.00%		Paid Off - 360		01-Mar-2005
70925110 2					379,461.86			19-Apr-2005		7.750%		CA - 80.00%		Paid Off - 360		01-Mar-2005
70937792 2			103,509.00		103,440.24			04-May-2005		8.050%		FL - 80.00%		Paid Off - 360		01-Apr-2005
70937792 2					103,440.24			04-May-2005		8.050%		FL - 80.00%		Paid Off - 360		01-Apr-2005
71037311 2			282,200.00		281,973.20			05-May-2005		7.100%		CA - 56.44%		Paid Off - 360		01-Apr-2005
71037311 2					281,973.20			05-May-2005		7.100%		CA - 56.44%		Paid Off - 360		01-Apr-2005
71115554 2			72,000.00		71,918.54			29-Apr-2005		8.850%		MA - 90.00%		Paid Off - 360		01-Mar-2005
71115554 2					71,918.54			29-Apr-2005		8.850%		MA - 90.00%		Paid Off - 360		01-Mar-2005
71151153 1			171,835.00		171,621.73			18-Apr-2005		8.400%		FL - 90.00%		Paid Off - 360		01-Mar-2005
71151153 1					171,621.73			18-Apr-2005		8.400%		FL - 90.00%		Paid Off - 360		01-Mar-2005
71173793 1			211,000.00		210,707.15			28-Apr-2005		7.850%		CA - 69.87%		Paid Off - 360		01-Mar-2005
71173793 1					210,707.15			28-Apr-2005		7.850%		CA - 69.87%		Paid Off - 360		01-Mar-2005
71247233 2			369,900.00		369,290.61			13-Apr-2005		6.990%		CA - 90.00%		Paid Off - 360		01-Mar-2005
71247233 2					369,290.61			13-Apr-2005		6.990%		CA - 90.00%		Paid Off - 360		01-Mar-2005
71293674 2			495,000.00		494,295.21			05-May-2005		7.750%		CA - 90.00%		Paid Off - 360		01-Mar-2005
71293674 2					494,295.21			05-May-2005		7.750%		CA - 90.00%		Paid Off - 360		01-Mar-2005
71407837 1			141,600.00		141,396.63			18-Apr-2005		7.680%		AZ - 80.00%		Paid Off - 360		01-Mar-2005
71407837 1					141,396.63			18-Apr-2005		7.680%		AZ - 80.00%		Paid Off - 360		01-Mar-2005
71427074 1			151,600.00		151,383.14			04-May-2005		7.700%		TX - 80.00%		Paid Off - 360		01-Mar-2005
71427074 1					151,383.14			04-May-2005		7.700%		TX - 80.00%		Paid Off - 360		01-Mar-2005
71571350 2			279,547.00		279,422.00			28-Apr-2005		9.950%		AZ - 95.00%		Paid Off - 360		01-Apr-2005
71571350 2					279,422.00					9.950%		AZ - 95.00%		Paid Off - 360



Page 19 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 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

71629950 1			130,000.00		129,883.61			20-Apr-2005		6.550%		WA - 32.26%		Paid Off - 360		01-Apr-2005
			130,000.00

71747992 2			680,000.00		679,441.50			06-May-2005		6.990%		IL - 80.00%		Paid Off - 360		01-Apr-2005
71747992 2					679,441.50			06-May-2005		6.990%		IL - 80.00%		Paid Off - 360		01-Apr-2005
71765077 1			188,500.00		188,074.62			28-Apr-2005		5.350%		CA - 67.32%		Paid Off - 360		01-Mar-2005
71765077 1					188,074.62			28-Apr-2005		5.350%		CA - 67.32%		Paid Off - 360		01-Mar-2005
71765192 2			158,600.00		158,526.78			25-Apr-2005		9.800%		MN - 65.00%		Paid Off - 360		01-Apr-2005
71765192 2					158,526.78			25-Apr-2005		9.800%		MN - 65.00%		Paid Off - 360		01-Apr-2005
71887038 1			177,221.00		177,095.91			19-Apr-2005		7.750%		AZ - 95.00%		Paid Off - 360		01-Apr-2005
71887038 1					177,095.91			19-Apr-2005		7.750%		AZ - 95.00%		Paid Off - 360		01-Apr-2005
71915953 1			208,000.00		207,644.31			10-May-2005		6.800%		IL - 70.99%		Paid Off - 360		01-Mar-2005
71915953 1					207,644.31			10-May-2005		6.800%		IL - 70.99%		Paid Off - 360		01-Mar-2005
71977672 2			472,000.00		471,543.44			29-Apr-2005		6.150%		CA - 80.00%		Paid Off - 360		01-Apr-2005
71977672 2					471,543.44			29-Apr-2005		6.150%		CA - 80.00%		Paid Off - 360		01-Apr-2005
71978951 1			109,000.00		108,909.76			10-May-2005		6.950%		WI - 77.86%		Paid Off - 360		01-Apr-2005
71978951 1					108,909.76			10-May-2005		6.950%		WI - 77.86%		Paid Off - 360		01-Apr-2005
72007438 1			77,314.00		77,262.01			03-May-2005		7.990%		IL - 89.90%		Paid Off - 360		01-Apr-2005
72007438 1					77,262.01			03-May-2005		7.990%		IL - 89.90%		Paid Off - 360		01-Apr-2005
72122757 1			216,000.00		215,802.82			10-May-2005		6.450%		IL - 90.00%		Paid Off - 360		01-Apr-2005
72122757 1					215,802.82			10-May-2005		6.450%		IL - 90.00%		Paid Off - 360		01-Apr-2005
72134919 2			551,200.00		550,748.18			21-Apr-2005		7.000%		CA - 80.00%		Paid Off - 360		01-Apr-2005
72134919 2					550,748.18			21-Apr-2005		7.000%		CA - 80.00%		Paid Off - 360		01-Apr-2005
72192511 2			435,500.00		435,232.35			10-May-2005		8.430%		CA - 65.00%		Paid Off - 360		01-Apr-2005
72192511 2					435,232.35			10-May-2005		8.430%		CA - 65.00%		Paid Off - 360		01-Apr-2005
72268790 2			173,520.00		173,399.97			25-Apr-2005		7.850%		FL - 90.00%		Paid Off - 360		01-Apr-2005
72268790 2					173,399.97			25-Apr-2005		7.850%		FL - 90.00%		Paid Off - 360		01-Apr-2005
72275753 2			360,000.00		359,721.94			14-Apr-2005		7.300%		NY - 90.00%		Paid Off - 360		01-Apr-2005
72275753 2					359,721.94			14-Apr-2005		7.300%		NY - 90.00%		Paid Off - 360		01-Apr-2005
72379753 1			170,000.00		169,838.70			29-Apr-2005		6.250%		CA - 65.39%		Paid Off - 360		01-Apr-2005
72379753 1					169,838.70			29-Apr-2005		6.250%		CA - 65.39%		Paid Off - 360		01-Apr-2005
72465313 1			308,000.00		307,833.50			11-Apr-2005		9.050%		IL - 80.00%		Paid Off - 360		01-Apr-2005
72465313 1					307,833.50			11-Apr-2005		9.050%		IL - 80.00%		Paid Off - 360		01-Apr-2005
72601032 1			151,000.00		150,867.42			05-May-2005		6.650%		CA - 83.89%		Paid Off - 360		01-Apr-2005
72601032 1					150,867.42			05-May-2005		6.650%		CA - 83.89%		Paid Off - 360		01-Apr-2005
72669351 1			221,687.00		221,517.46			10-May-2005		7.350%		NV - 95.00%		Paid Off - 360		01-Apr-2005
72669351 1					221,517.46			10-May-2005		7.350%		NV - 95.00%		Paid Off - 360		01-Apr-2005
72690837 2			540,000.00		540,000.00			05-May-2005		7.900%		FL - 80.00%		Paid Off - 360		01-Apr-2005
72690837 2					540,000.00			05-May-2005		7.900%		FL - 80.00%		Paid Off - 360		01-Apr-2005
72748270 1			261,250.00		261,074.35			26-Apr-2005		7.990%		IL - 95.00%		Paid Off - 360		01-Apr-2005
72748270 1					261,074.35			26-Apr-2005		7.990%		IL - 95.00%		Paid Off - 360		01-Apr-2005
72766272 1			84,600.00		84,552.44			21-Apr-2005		8.862%		IL - 90.00%		Paid Off - 360		01-Apr-2005
72766272 1					84,552.44			21-Apr-2005		8.862%		IL - 90.00%		Paid Off - 360		01-Apr-2005
72990039 2			72,000.00		71,959.00			28-Apr-2005		8.800%		MI - 90.00%		Paid Off - 360		01-Apr-2005
72990039 2					71,959.00			28-Apr-2005		8.800%		MI - 90.00%		Paid Off - 360		01-Apr-2005
73016156 2			400,000.00		399,663.95			27-Apr-2005		6.875%		IL - 89.89%		Paid Off - 360		01-Apr-2005
73016156 2					399,663.95			27-Apr-2005		6.875%		IL - 89.89%		Paid Off - 360		01-Apr-2005
73060394 2			184,000.00		183,853.58			29-Apr-2005		7.150%		IL - 80.00%		Paid Off - 360		01-Apr-2005
73060394 2					183,853.58			29-Apr-2005		7.150%		IL - 80.00%		Paid Off - 360		01-Apr-2005
73073116 1			323,000.00		322,781.06			28-Apr-2005		7.950%		CA - 85.00%		Paid Off - 360		01-Apr-2005
73073116 1					322,781.06			28-Apr-2005		7.950%		CA - 85.00%		Paid Off - 360		01-Apr-2005
73197394 1			166,500.00		166,371.40			03-May-2005		7.300%		MI - 90.00%		Paid Off - 360		01-Apr-2005
73197394 1					166,371.40			03-May-2005		7.300%		MI - 90.00%		Paid Off - 360		01-Apr-2005
73356834 2			94,500.00		94,448.91			29-Apr-2005		9.050%		PA - 89.24%		Paid Off - 360		01-Apr-2005
73356834 2					94,448.91			29-Apr-2005		9.050%		PA - 89.24%		Paid Off - 360		01-Apr-2005
73390551 1			168,000.00		167,899.26			10-May-2005		8.550%		NJ - 77.78%		Paid Off - 360		01-Apr-2005
73390551 1					167,899.26			10-May-2005		8.550%		NJ - 77.78%		Paid Off - 360		01-Apr-2005
73577678 1			260,000.00		259,767.23			22-Apr-2005		6.550%		CA - 72.22%		Paid Off - 360		01-Apr-2005
73577678 1					259,767.23			22-Apr-2005		6.550%		CA - 72.22%		Paid Off - 360		01-Apr-2005
73622672 1			151,992.00		151,842.12			22-Apr-2005		6.050%		FL - 80.00%		Paid Off - 360		01-Apr-2005
73622672 1					151,842.12			22-Apr-2005		6.050%		FL - 80.00%		Paid Off - 360		01-Apr-2005
74010877 1			292,500.00		292,297.68			19-Apr-2005		7.850%		IL - 90.00%		Paid Off - 360		01-Apr-2005
74010877 1					292,297.68			19-Apr-2005		7.850%		IL - 90.00%		Paid Off - 360		01-Apr-2005
74366311 2			92,000.00		92,000.00			05-May-2005		9.200%		FL - 80.00%		Paid Off - 360		01-May-2005
74366311 2					92,000.00			05-May-2005		9.200%		FL - 80.00%		Paid Off - 360		01-May-2005
65554651 2			220,000.00		219,089.65			05-May-2005		6.500%		HI - 50.58%		Repur/Subs - 360		01-Mar-2005
65554651 2					219,089.65			05-May-2005		6.500%		HI - 50.58%		Repur/Subs - 360		01-Mar-2005
67381632 2			76,300.00		75,913.37			05-May-2005		8.300%		UT - 70.00%		Repur/Subs - 360		01-Mar-2005
67381632 2					75,913.37			05-May-2005		8.300%		UT - 70.00%		Repur/Subs - 360		01-Mar-2005
68409457 1			230,000.00		228,341.83			05-May-2005		5.500%		MD - 85.19%		Repur/Subs - 360		01-Apr-2005
68409457 1					228,341.83			05-May-2005		5.500%		MD - 85.19%		Repur/Subs - 360		01-Apr-2005
68688035 2			196,000.00		194,944.81			05-May-2005		7.000%		IL - 80.00%		Repur/Subs - 360		01-Feb-2005
68688035 2					194,944.81			05-May-2005		7.000%		IL - 80.00%		Repur/Subs - 360		01-Feb-2005
69170074 1			301,500.00		298,339.39			05-May-2005		9.600%		AZ - 90.00%		Repur/Subs - 360		01-Mar-2005
69170074 1					298,339.39			05-May-2005		9.600%		AZ - 90.00%		Repur/Subs - 360		01-Mar-2005
69212918 1			109,000.00		108,588.45			05-May-2005		7.990%		NJ - 68.13%		Repur/Subs - 360		01-Mar-2005
69212918 1					108,588.45					7.990%		NJ - 68.13%		Repur/Subs - 360



Page 20 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 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

69507390 1			111,150.00		110,518.36			05-May-2005		6.900%		AZ - 95.00%		Repur/Subs - 360		01-Mar-2005
			111,150.00

69999399 1			288,000.00		286,733.87			05-May-2005		5.500%		CA - 80.00%		Repur/Subs - 360		01-Mar-2005
69999399 1					286,733.87			05-May-2005		5.500%		CA - 80.00%		Repur/Subs - 360		01-Mar-2005
70196597 1			233,500.00		232,236.86			05-May-2005		5.990%		CA - 79.97%		Repur/Subs - 360		01-Mar-2005
70196597 1					232,236.86			05-May-2005		5.990%		CA - 79.97%		Repur/Subs - 360		01-Mar-2005
70280276 1			193,500.00		193,155.31			05-May-2005		7.700%		FL - 90.00%		Repur/Subs - 360		01-Mar-2005
70280276 1					193,155.31			05-May-2005		7.700%		FL - 90.00%		Repur/Subs - 360		01-Mar-2005
70545876 1			225,000.00		223,324.80			05-May-2005		6.800%		CT - 90.00%		Repur/Subs - 360		01-Mar-2005
70545876 1					223,324.80			05-May-2005		6.800%		CT - 90.00%		Repur/Subs - 360		01-Mar-2005
70577234 1			296,250.00		295,171.74			05-May-2005		6.150%		CA - 75.00%		Repur/Subs - 360		01-Mar-2005
70577234 1					295,171.74			05-May-2005		6.150%		CA - 75.00%		Repur/Subs - 360		01-Mar-2005
70674874 2			360,000.00		358,853.56			05-May-2005		7.000%		NY - 80.00%		Repur/Subs - 360		01-Mar-2005
70674874 2					358,853.56			05-May-2005		7.000%		NY - 80.00%		Repur/Subs - 360		01-Mar-2005
70702873 1			189,000.00		188,598.34			05-May-2005		8.990%		NJ - 90.00%		Repur/Subs - 360		01-Apr-2005
70702873 1					188,598.34			05-May-2005		8.990%		NJ - 90.00%		Repur/Subs - 360		01-Apr-2005
71296958 1			113,000.00		111,929.02			05-May-2005		8.100%		MI - 94.96%		Repur/Subs - 360		01-Apr-2005
71296958 1					111,929.02			05-May-2005		8.100%		MI - 94.96%		Repur/Subs - 360		01-Apr-2005
71309033 1			185,250.00		183,825.58			05-May-2005		8.500%		FL - 95.00%		Repur/Subs - 360		01-Apr-2005
71309033 1					183,825.58			05-May-2005		8.500%		FL - 95.00%		Repur/Subs - 360		01-Apr-2005
71903355 1			191,500.00		189,744.08			05-May-2005		6.000%		PA - 72.26%		Repur/Subs - 180		01-Apr-2005
71903355 1					189,744.08			05-May-2005		6.000%		PA - 72.26%		Repur/Subs - 180		01-Apr-2005
72396633 2			180,500.00		179,075.96			05-May-2005		8.250%		FL - 95.00%		Repur/Subs - 360		01-Apr-2005
72396633 2					179,075.96			05-May-2005		8.250%		FL - 95.00%		Repur/Subs - 360		01-Apr-2005
72617756 2			468,000.00		464,917.36			05-May-2005		5.200%		CA - 73.13%		Repur/Subs - 360		01-Apr-2005
72617756 2					464,917.36			05-May-2005		5.200%		CA - 73.13%		Repur/Subs - 360		01-Apr-2005
72785678 2			456,000.00		453,880.92			05-May-2005		5.200%		CA - 80.00%		Repur/Subs - 360		01-Apr-2005
72785678 2					453,880.92			05-May-2005		5.200%		CA - 80.00%		Repur/Subs - 360		01-Apr-2005


TOTAL			30,151,304.00		30,087,799.78
TOTAL


Page 21 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 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 22 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 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 23 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 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 24 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 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 25 of 26
Argent Mortgage Loan Trust 2005-W1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-W1

May 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
										Group 2		Group 1		Total
						Trigger Event in effect								No
						Stepdown Date has occurred								No
						Balances 60+ days includes Bankruptcy and Foreclosure								0.00
						Delinquency Percentage								0.0000%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION

SPACE INTENTIONALLY LEFT BLANK






Page 26 of 26

Argent Mortgage Loan Trust 2005-WI 8-K