8-K 1 ar040607.htm 8K Argent Mortgage Securities, Inc. 2004-W6 



                           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):  July 26, 2004


                             ARGENT SECURITIES INC.
          (as depositor, Ameriquest Mortgage Company, Master Servicer,
             and Deutsche Bank National Trust Company, as Trustee).

          ARGENT SECURITIES INC ASSET BACK PASS THR CERTS SER 2004 W6
            (Exact name of Registrant as specified in its Charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-109164-06                         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


     Item 5.  Other Events

     Attached hereto is a copy of the Monthly Remittance Statements to the
     Certificateholders which was derived from the monthly information
     submitted by the Master Servicer of the Trust to the Trustee.


     Item 7.  Financial Statement and Exhibits

     Exhibits:  (as noted in Item 5 above)

     Monthly Remittance Statement to the Certificateholders dated as of
     July 26, 2004.




                                     SIGNATURE


               Pursuant to the requirements of the Securities Exchange Act of
          1934, the Registrant has duly caused this report to be signed on its
          behalf by the undersigned, hereunto duly authorized.


                                  Deutsche Bank National Trust Company,
                                  not in its individual capacity, but solely
                                  as a duly authorized agent of the Registrant
                                  pursuant to the Pooling and Servicing
                                  Agreement, dated as of April 1,2004.


          Date:  Jul 29, 2004               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

          Monthly Remittance Statement to the Certificateholders
          dated as of July 26, 2004.
                       
 Argent Mortgage Securities, Inc. 2004-W6
 Mortgage Pass-Through Certificates
  
  
 July 26, 2004 Distribution
  
  
 Contents
            
            
            
   TABLE OF CONTENTS        
            
        Page   
            
    1. Contents    1    
    2. Certificate Payment Report    2    
    3. Collection Account Report    4    
    4. Credit Enhancement Report    7    
    5. Collateral Report    8    
    6. Delinquency Report    11    
    7. REO Report    15    
    8. Foreclosure Report    16    
    9. Prepayment Report    17    
    10. Prepayment Detail Report    20    
    11. Realized Loss Report    22    
    12. Realized Loss Detail Report    25    
    13. Triggers, Adj. Rate Cert. and Miscellaneous Report    26    
    14. Other Related Information    27    
            
            
            
    Total Number of Pages    27    
            
            
            
   CONTACTS        
            
     Administrator: Nicholas Gisler        
     Direct Phone Number:        
     Address: Deutsche Bank        
     1761 E. St. Andrew Place, Santa Ana, CA 92705       
            
     Web Site: https://www.corporatetrust.db.com/invr        
     Factor Information: (800) 735-7777        
     Main Phone Number: (714) 247-6000        
            
            
            
ISSUANCE INFORMATION           
            
 Seller: Ameriquest Mortgage Corp     Cut-Off Date: April 1, 2004    
 Certificate Insurer(s):       Closing Date: April 7, 2004    
         First Payment Date: May 25, 2004    
 Servicer(s): Ameriquest Mortgage Corp Master Servicer        
            
            
         Distribution Date: July 26, 2004    
 Underwriter(s): UBS Investment Bank Lead Underwriter     Record Date: July 23, 2004    
   CS First Boston Lead Underwriter     June 30, 2004    
            
            
            
            
            
            
      Page 1 of 27    © COPYRIGHT 2004 Deutsche Bank
 Argent Mortgage Securities, Inc. 2004-W6
 Mortgage Pass-Through Certificates
 REMIC II
 Certificate Payment Report for July 26, 2004 Distribution
            
            
 Distribution in Dollars - Current Period          
     Prior     Current
 ClassOriginalPrincipal  TotalRealizedDeferredPrincipal
ClassTypeFace ValueBalanceInterestPrincipalDistributionLossesInterestBalance
     (1)(2)(3)(4)=(2)+(3)(5)(6)(7)=(1)-(3)-(5)+(6)
            
AV-1FLT, STEP 531,909,000.00 516,616,592.21 689,539.65 10,199,738.34 10,889,277.99 - - 506,416,853.87
AV-2FLT, STEP 59,101,000.00 59,101,000.00 89,061.92 - 89,061.92 - - 59,101,000.00
AV-3FLT 73,222,000.00 68,327,507.60 82,960.98 2,350,397.77 2,433,358.75 - - 65,977,109.83
AV-4FLT, STEP 42,293,000.00 42,293,000.00 55,356.84 - 55,356.84 - - 42,293,000.00
AV-5FLT, STEP 28,823,000.00 28,823,000.00 42,193.67 - 42,193.67 - - 28,823,000.00
AFSTEP, AFC, 59,152,000.00 58,291,865.58 175,992.86 1,070,153.14 1,246,146.00 - - 57,221,712.44
M-1MEZ, FLT, S 65,000,000.00 65,000,000.00 103,548.61 - 103,548.61 - - 65,000,000.00
M-2MEZ, FLT, S 47,500,000.00 47,500,000.00 102,256.94 - 102,256.94 - - 47,500,000.00
M-3MEZ, FLT, S 17,500,000.00 17,500,000.00 40,687.50 - 40,687.50 - - 17,500,000.00
M-4MEZ, FLT, S 15,000,000.00 15,000,000.00 41,333.33 - 41,333.33 - - 15,000,000.00
M-5MEZ, FLT, S 12,500,000.00 12,500,000.00 33,906.25 - 33,906.25 - - 12,500,000.00
M-6MEZ, FLT, S 10,500,000.00 10,500,000.00 39,331.25 - 39,331.25 - - 10,500,000.00
M-7MEZ, FLT, S 13,500,000.00 13,500,000.00 52,893.75 - 52,893.75 - - 13,500,000.00
CESUB,EXE 23,999,712.74 23,999,995.51 3,750,202.99 - 3,750,202.99 - - 23,999,995.51
PSUB 100.00 100.00 164,492.88 - 164,492.88 - - 100.00
RR - - - - - - - -
R-XR - - - - - - - -
  
  
Total  999,999,812.74 978,953,060.90 5,463,759.42 13,620,289.25 19,084,048.67 - - 965,332,771.65
            
            
 Interest Accrual Detail   Current Period Factor Information per $1,000 of Original Face      
      Orig. PrincipalPrior   Current
 PeriodPeriod  (with Notional)Principal  TotalPrincipal
ClassStartingEndingMethodCusipBalanceBalanceInterestPrincipalDistributionBalance
      (1)(2)(3)(4)=(2)+(3)(5)
           
AV-106/25/0407/25/04 A-Act/360 040104GL9 531,909,000.00 971.249955 1.296349 19.175721 20.472069 952.074234
AV-206/25/0407/25/04 A-Act/360 040104GM7 59,101,000.00 1,000.000000 1.506944 - 1.506944 1,000.000000
AV-306/25/0407/25/04 A-Act/360 040104GN5 73,222,000.00 933.155440 1.133006 32.099612 33.232618 901.055828
AV-406/25/0407/25/04 A-Act/360 040104GP0 42,293,000.00 1,000.000000 1.308889 - 1.308889 1,000.000000
AV-506/25/0407/25/04 A-Act/360 040104GQ8 28,823,000.00 1,000.000000 1.463889 - 1.463889 1,000.000000
AF06/25/0407/25/04 F-30/360 040104GR6 59,152,000.00 985.458912 2.975265 18.091580 21.066845 967.367332
M-106/25/0407/25/04 A-Act/360 040104GS4 65,000,000.00 1,000.000000 1.593056 - 1.593056 1,000.000000
M-206/25/0407/25/04 A-Act/360 040104GT2 47,500,000.00 1,000.000000 2.152778 - 2.152778 1,000.000000
M-306/25/0407/25/04 A-Act/360 040104GU9 17,500,000.00 1,000.000000 2.325000 - 2.325000 1,000.000000
M-406/25/0407/25/04 A-Act/360 040104GV7 15,000,000.00 1,000.000000 2.755555 - 2.755555 1,000.000000
M-506/25/0407/25/04 A-Act/360 040104GW5 12,500,000.00 1,000.000000 2.712500 - 2.712500 1,000.000000
M-606/25/0407/25/04 A-Act/360 040104GX3 10,500,000.00 1,000.000000 3.745833 - 3.745833 1,000.000000
M-706/25/0407/25/04 A-Act/360 040104GY1 13,500,000.00 1,000.000000 3.918056 - 3.918056 1,000.000000
CE06/25/0407/25/04 A-30/360 23,999,712.74 41,790.210878 156.260328 - 156.260328 41,222.692033
P06/25/0407/25/04 - 100.00 1,000.000000 1,644,928.800000 - 1,644,928.800000 1,000.000000
R06/25/0407/25/04 - - - - - - -
R-X06/25/0407/25/04 - - - - - - -
            
            
       Page 2 of 27   © COPYRIGHT 2004 Deutsche Bank
 Argent Mortgage Securities, Inc. 2004-W6
 Mortgage Pass-Through Certificates
 REMIC II
 Certificate Payment Report for July 26, 2004 Distribution
            
            
 Distribution in Dollars - to Date          
          Current
 Original Unscheduled Scheduled TotalTotalRealizedDeferredPrincipal
ClassFace ValueInterestPrincipalPrincipalPrincipalDistributionLossesInterestBalance
 (1)(2)(3)(4)(5)=(3)+(4)(6)=(2)+(5)(7)(8)(9)=(1)-(5)-(7)+(8)
         
AV-1 531,909,000.00 2,257,037.25 23,556,192.84 1,935,953.29 25,492,146.13 27,749,183.38 - - 506,416,853.87
AV-2 59,101,000.00 290,087.41 - - - 290,087.41 - - 59,101,000.00
AV-3 73,222,000.00 275,154.88 6,685,872.69 559,017.48 7,244,890.17 7,520,045.05 - - 65,977,109.83
AV-4 42,293,000.00 177,865.56 - - - 177,865.56 - - 42,293,000.00
AV-5 28,823,000.00 137,069.38 - - - 137,069.38 - - 28,823,000.00
AF 59,152,000.00 531,911.15 1,789,289.58 140,997.98 1,930,287.56 2,462,198.71 - - 57,221,712.44
M-1 65,000,000.00 338,902.78 - - - 338,902.78 - - 65,000,000.00
M-2 47,500,000.00 342,000.00 - - - 342,000.00 - - 47,500,000.00
M-3 17,500,000.00 136,694.44 - - - 136,694.44 - - 17,500,000.00
M-4 15,000,000.00 140,083.33 - - - 140,083.33 - - 15,000,000.00
M-5 12,500,000.00 114,826.39 - - - 114,826.39 - - 12,500,000.00
M-6 10,500,000.00 134,954.17 - - - 134,954.17 - - 10,500,000.00
M-7 13,500,000.00 181,762.50 - - - 181,762.50 - - 13,500,000.00
CE 23,999,712.74 11,023,536.12 - - - 11,023,536.12 - 282.77 23,999,995.51
P 100.00 394,223.44 - - - 394,223.44 - - 100.00
R - - - - - - - - -
R-X - - - - - - - - -
 
 
Total 999,999,812.74 16,476,108.80 32,031,355.11 2,635,968.75 34,667,323.86 51,143,432.66 - 282.77 965,332,771.65
            
            
 Interest Detail          
 Pass-Prior Principal Non-PriorUnscheduled Paid orCurrent
 Through(with Notional)AccruedSupportedUnpaidInterestOptimalDeferredUnpaid
ClassRateBalanceInterestInterest SFInterestAdjustmentsInterestInterestInterest
   (1)(2)(3)(4)(5)=(1)-(2)+(3)+(4)(6)(7)=(5)-(6)
          
AV-11.55000% 516,616,592.21 689,539.65 - - - 689,539.65 689,539.65 -
AV-21.75000% 59,101,000.00 89,061.92 - - - 89,061.92 89,061.92 -
AV-31.41000% 68,327,507.60 82,960.98 - - - 82,960.98 82,960.98 -
AV-41.52000% 42,293,000.00 55,356.84 - - - 55,356.84 55,356.84 -
AV-51.70000% 28,823,000.00 42,193.67 - - - 42,193.67 42,193.67 -
AF3.62300% 58,291,865.58 175,992.86 - - - 175,992.86 175,992.86 -
M-11.85000% 65,000,000.00 103,548.61 - - - 103,548.61 103,548.61 -
M-22.50000% 47,500,000.00 102,256.94 - - - 102,256.94 102,256.94 -
M-32.70000% 17,500,000.00 40,687.50 - - - 40,687.50 40,687.50 -
M-43.20000% 15,000,000.00 41,333.33 - - - 41,333.33 41,333.33 -
M-53.15000% 12,500,000.00 33,906.25 - - - 33,906.25 33,906.25 -
M-64.35000% 10,500,000.00 39,331.25 - - - 39,331.25 39,331.25 -
M-74.55000% 13,500,000.00 52,893.75 - - - 52,893.75 52,893.75 -
CE4.59700% 1,002,953,056.41 3,750,202.99 - - - 3,750,202.99 3,750,202.99 -
P  100.00 164,492.88 - - - 164,492.88 164,492.88 -
R  - - - - - - - -
R-X  - - - - - - - -
  
  
Total  1,957,906,121.80 5,463,759.42 - - - 5,463,759.42 5,463,759.42 -
            
            
       Page 3 of 27   © COPYRIGHT 2004 Deutsche Bank
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Collection Account Report for July 26, 2004 Distribution   
            
            
 Collection Account Report   
            
            
SUMMARY    GROUP 3 GROUP 2 GROUP 1 TOTAL   
    
 Principal Collections   1,070,153.14 2,350,397.77 10,199,738.34 13,620,289.25    
 Principal Withdrawals   0.00 0.00 0.00 0.00    
 Principal Other Accounts   0.00 0.00 0.00 0.00    
 TOTAL NET PRINCIPAL   1,070,153.14 2,350,397.77 10,199,738.34 13,620,289.25    
            
 Interest Collections   363,122.85 924,870.06 4,098,020.97 5,386,013.88    
 Interest Withdrawals   0.00 0.00 0.00 0.00    
 Interest Other Accounts   0.00 0.00 0.00 0.00    
 Interest Fees   (7,767.00)(14,891.32)(64,089.02)(86,747.34)   
 TOTAL NET INTEREST   355,355.85 909,978.74 4,033,931.95 5,299,266.54    
            
 Prepayment Penalties      164,492.88    
            
 TOTAL AVAILABLE FUNDS FOR DISTRIBUTION   1,425,508.99 3,260,376.51 14,233,670.29 19,084,048.67    
            
            
PRINCIPAL - COLLECTIONS    GROUP 3 GROUP 2 GROUP 1 TOTAL   
    
 Scheduled Principal Received   78,199.34 166,919.67 629,387.79 874,506.80    
 Prepayments In Full   988,071.18 2,177,447.88 9,518,513.09 12,684,032.15    
 Curtailments   3,882.62 6,030.22 51,837.46 61,750.30    
 Liquidations   0.00 0.00 0.00 0.00    
 Insurance Principal   0.00 0.00 0.00 0.00    
 Repurchased Principal Amounts   0.00 0.00 0.00 0.00    
 Other Principal   0.00 0.00 0.00 0.00    
 Total Realized Loss Of Principal   0.00 0.00 0.00 0.00    
 Delinquent Principal   (58,368.98)(132,021.97)(498,946.96)(689,337.91)   
 Advanced Principal   58,368.98 132,021.97 498,946.96 689,337.91    
            
 TOTAL PRINCIPAL COLLECTED   1,070,153.14 2,350,397.77 10,199,738.34 13,620,289.25    
            
            
    Page 4 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Collection Account Report for July 26, 2004 Distribution   
     
     
 Collection Account Report   
            
            
PRINCIPAL - WITHDRAWALS    GROUP 3 GROUP 2 GROUP 1 TOTAL   
SPACE INTENTIONALLY LEFT BLANK   
            
            
PRINCIPAL - OTHER ACCOUNTS    GROUP 3 GROUP 2 GROUP 1 TOTAL   
SPACE INTENTIONALLY LEFT BLANK   
            
            
INTEREST - COLLECTIONS    GROUP 3 GROUP 2 GROUP 1 TOTAL   
    
 Scheduled Interest   386,154.28 983,959.85 4,338,844.26 5,708,958.39    
 Liquidation Interest   0.00 0.00 0.00 0.00    
 Repurchased Interest   0.00 0.00 0.00 0.00    
 Insurance Interest   0.00 0.00 0.00 0.00    
 Other Interest   0.00 0.00 0.00 0.00    
 Relief Act Interest Shortfalls   0.00 0.00 0.00 0.00    
 Prepayment Interest Shortfalls   (681.99)(1,043.60)(3,776.63)(5,502.22)   
 Compensating Interest   681.99 1,043.60 3,776.63 5,502.22    
 Delinquent Interest   (293,518.36)(793,345.98)(3,464,617.73)(4,551,482.07)   
 Interest Advanced   270,486.93 734,256.19 3,223,794.44 4,228,537.56    
            
 TOTAL INTEREST COLLECTED   363,122.85 924,870.06 4,098,020.97 5,386,013.88    
            
            
    Page 5 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Collection Account Report for July 26, 2004 Distribution   
     
     
 Collection Account Report   
            
            
INTEREST - WITHDRAWALS    GROUP 3 GROUP 2 GROUP 1 TOTAL   
    
 Trust Fund Expenses      0.00    
 Nonrecoverable Advances      0.00    
 Reimbursements to Master Servicer      0.00    
            
 TOTAL INTEREST WITHDRAWALS      0.00    
            
            
INTEREST - OTHER ACCOUNTS    GROUP 3 GROUP 2 GROUP 1 TOTAL   
    
 Prepayment Charges      164,492.88    
 Master Servicer Prepayment Charges      0.00    
            
 TOTAL INTEREST OTHER ACCOUNTS      164,492.88    
            
            
INTEREST - FEES    GROUP 3 GROUP 2 GROUP 1 TOTAL   
    
 Current Servicing Fees   7,632.08 14,567.23 62,753.28 84,952.59    
 Trustee Fee   134.92 324.09 1,335.74 1,794.75    
            
 TOTAL INTEREST OTHER FEES   7,767.00 14,891.32 64,089.02 86,747.34    
            
            
    Page 6 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Credit Enhancement Report for July 26, 2004 Distribution   
     
     
 Credit Enhancement Report   
            
            
ACCOUNTS    GROUP 3 GROUP 2 GROUP 1 TOTAL   
    
 Beginning Net WAC Rate Carryover Reserve Account      1,000.00    
 Deposits to Net WAC Rate Carryover Reserve Account      0.00    
 Withdrawals from Net WAC Rate Carryover Reserve Account      0.00    
 Ending Net WAC Rate Carryover Reserve Account      1,000.00    
            
            
INSURANCE    GROUP 3 GROUP 2 GROUP 1 TOTAL   
SPACE INTENTIONALLY LEFT BLANK   
            
            
STRUCTURAL FEATURES    GROUP 3 GROUP 2 GROUP 1 TOTAL   
    
 Beginning Overcollateralized Amount      23,999,995.51    
 Overcollateralization Reduction Amount      0.00    
 Overcollateralization Deficiency Amount      0.00    
 Ending Overcollateralized Amount      23,999,995.51    
            
 Overcollateralization Target Amount      23,999,995.51    
 Excess Overcollateralization Amount      0.00    
 Overcollateralization Increase Amount      0.00    
            
            
    Page 7 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Collateral Report for July 26, 2004 Distribution   
     
     
 Collateral Report   
            
            
COLLATERAL    GROUP 3 GROUP 2 GROUP 1 TOTAL   
 Loan Count:          
 Original   30355048175670   
 Prior   301 538 4,730 5,569    
 Prefunding   - - - -    
 Scheduled Paid Offs   - - - -    
 Full Voluntary Prepayments   (4) (6) (54) (64)   
 Repurchases   - - - -    
 Liquidations   - - - -    
 Current   297 532 4,676 5,505    
            
 Principal Balance:          
 Original   74,452,556.07 181,671,287.85 743,875,968.82 999,999,812.74    
 Prior   73,592,433.85 176,776,857.97 728,583,769.08 978,953,060.90    
 Prefunding   - - - -    
 Scheduled Principal   (78,199.34) (166,919.67) (629,387.79) (874,506.80)   
 Partial and Full Voluntary Prepayments   (991,953.80) (2,183,478.10) (9,570,350.55) (12,745,782.45)   
 Repurchases   - - - -    
 Liquidations   - - - -    
 Current   72,522,280.71 174,426,460.20 718,384,030.74 965,332,771.65    
            
PREFUNDING    GROUP 3 GROUP 2 GROUP 1 TOTAL   
SPACE INTENTIONALLY LEFT BLANK   
            
            
  Group 1 Group 3        
  Group 2          
Current Prin Balance by Groups (in millions of dollars)Total Current Principal Balance (in millions of dollars)   
            
            
    Page 8 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Collateral Report for July 26, 2004 Distribution   
     
     
 Collateral Report   
            
            
CHARACTERISTICS    GROUP 3 GROUP 2 GROUP 1 TOTAL   
            
 Weighted Average Coupon Original   6.299580%6.676765%7.154387%7.003974%   
 Weighted Average Coupon Prior   6.293142%6.680596%7.152706%7.002859%   
 Weighted Average Coupon Current   6.296641%6.679335%7.146211%6.998037%   
 Weighted Average Months to Maturity Original   350 354 354 354    
 Weighted Average Months to Maturity Prior   348 353 353 353    
 Weighted Average Months to Maturity Current   348 352 352 352    
 Weighted Avg Remaining Amortization Term Original   349 353 354 354    
 Weighted Avg Remaining Amortization Term Prior   348 352 353 352    
 Weighted Avg Remaining Amortization Term Current   347 351 352 351    
 Weighted Average Seasoning Original   2.38 2.35 2.38 2.37    
 Weighted Average Seasoning Prior   3.38 3.35 3.38 3.37    
 Weighted Average Seasoning Current   4.37 4.35 4.38 4.37    
            
Note: Original information refers to deal issue.           
            
            
  Group 1 Group 3        
  Group 2          
WAC by GroupsTotal WAC   
            
            
WARAT by GroupsTotal WARAT   
            
            
Note: Dates correspond to distribution dates.           
    Page 9 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Collateral Report for July 26, 2004 Distribution   
     
     
 Collateral Report   
            
            
ARM CHARACTERISTICS    GROUP 3 GROUP 2 GROUP 1 TOTAL   
            
 Weighted Average Margin Original    3.432%3.796%    
 Weighted Average Margin Prior    3.416%3.801%    
 Weighted Average Margin Current    3.391%3.791%    
 Weighted Average Max Rate Original    7.684%9.312%    
 Weighted Average Max Rate Prior    7.648%9.323%    
 Weighted Average Max Rate Current    7.579%9.297%    
 Weighted Average Min Rate Original    4.085%5.112%    
 Weighted Average Min Rate Prior    4.067%5.117%    
 Weighted Average Min Rate Current    4.030%5.100%    
 Weighted Average Cap Up Original    0.600%0.700%    
 Weighted Average Cap Up Prior    0.597%0.701%    
 Weighted Average Cap Up Current    0.591%0.699%    
 Weighted Average Cap Down Original    0.600%0.700%    
 Weighted Average Cap Down Prior    0.597%0.701%    
 Weighted Average Cap Down Current    0.591%0.699%    
            
Note: Original information refers to deal issue.           
            
SERVICING FEES / ADVANCES    GROUP 3 GROUP 2 GROUP 1 TOTAL   
    
 Current Servicing Fees   7,632.08 14,567.23 62,753.28 84,952.59    
 Delinquent Servicing Fees   23,031.43 59,089.79 240,823.29 322,944.51    
 TOTAL SERVICING FEES   30,663.51 73,657.02 303,576.57 407,897.10    
            
            
 Compensating Interest   (681.99)(1,043.60)(3,776.63)(5,502.22)   
            
            
 Aggregate Advances with respect to this Distribution   328,855.91 866,278.16 3,722,741.40 4,917,875.47    
            
 Current Nonrecoverable Advances   0.00 0.00 0.00 0.00    
 Cumulative Nonrecoverable Advances   0.00 0.00 0.00 0.00    
            
            
ADDITIONAL COLLATERAL INFORMATION    GROUP 3 GROUP 2 GROUP 1 TOTAL   
    
 Net Prepayment Interest Shortfall      0.00    
            
 Aggregate Relief Act Shortfalls      0.00    
            
            
    Page 10 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Delinquency Report for July 26, 2004 Distribution   
     
     
 Delinquency Report - Total   
            
            
     <1 PAYMENT 1 PAYMENT 2 PAYMENTS 3+ PAYMENTS TOTAL   
DELINQUENT  Balance   6,893,922.56 1,414,787.35 - 8,308,709.91    
   % Balance   0.71%0.15%0.00%0.86%   
   # Loans   42 7 - 49    
   % # Loans   0.76%0.13%0.00%0.89%   
FORECLOSURE  Balance   - - - 70,299.43 70,299.43    
   % Balance  0.00%0.00%0.00%0.01%0.01%   
   # Loans   - - - 1 1    
   % # Loans  0.00%0.00%0.00%0.02%0.02%   
BANKRUPTCY  Balance   1,470,876.54 92,408.78 - - 1,563,285.32    
   % Balance  0.15%0.01%0.00%0.00%0.16%   
   # Loans   12 1 - - 13    
   % # Loans  0.22%0.02%0.00%0.00%0.24%   
REO  Balance   - - - - -    
   % Balance  0.00%0.00%0.00%0.00%0.00%   
   # Loans   - - - - -    
   % # Loans  0.00%0.00%0.00%0.00%0.00%   
            
TOTAL  Balance   1,470,876.54 6,986,331.34 1,414,787.35 70,299.43 9,942,294.66    
   % Balance  0.15%0.72%0.15%0.01%1.03%   
   # Loans   12 43 7 1 63    
   % # Loans  0.22%0.78%0.13%0.02%1.14%   
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+           
        6 Months Moving Average    
1 or 2 Payments Delinquent3 or More Payments Delinquent   
            
            
Total ForeclosureTotal Bankruptcy and REO   
            
            
Note: Dates correspond to distribution dates.           
    Page 11 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Delinquency Report for July 26, 2004 Distribution   
     
     
 Delinquency Report - Group 1 Group   
            
            
     <1 PAYMENT 1 PAYMENT 2 PAYMENTS 3+ PAYMENTS TOTAL   
DELINQUENT  Balance   4,898,580.14 1,063,244.65 - 5,961,824.79    
   % Balance   0.68%0.15%0.00%0.83%   
   # Loans   37 6 - 43    
   % # Loans   0.79%0.13%0.00%0.92%   
FORECLOSURE  Balance   - - - 70,299.43 70,299.43    
   % Balance  0.00%0.00%0.00%0.01%0.01%   
   # Loans   - - - 1 1    
   % # Loans  0.00%0.00%0.00%0.02%0.02%   
BANKRUPTCY  Balance   1,470,876.54 92,408.78 - - 1,563,285.32    
   % Balance  0.20%0.01%0.00%0.00%0.22%   
   # Loans   12 1 - - 13    
   % # Loans  0.26%0.02%0.00%0.00%0.28%   
REO  Balance   - - - - -    
   % Balance  0.00%0.00%0.00%0.00%0.00%   
   # Loans   - - - - -    
   % # Loans  0.00%0.00%0.00%0.00%0.00%   
            
TOTAL  Balance   1,470,876.54 4,990,988.92 1,063,244.65 70,299.43 7,595,409.54    
   % Balance  0.20%0.69%0.15%0.01%1.06%   
   # Loans   12 38 6 1 57    
   % # Loans  0.26%0.81%0.13%0.02%1.22%   
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+           
        6 Months Moving Average    
1 or 2 Payments Delinquent3 or More Payments Delinquent   
            
            
Total ForeclosureTotal Bankruptcy and REO   
            
            
Note: Dates correspond to distribution dates.           
    Page 12 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Delinquency Report for July 26, 2004 Distribution   
     
     
 Delinquency Report - Group 2 Group   
            
            
     <1 PAYMENT 1 PAYMENT 2 PAYMENTS 3+ PAYMENTS TOTAL   
DELINQUENT  Balance   1,654,462.60 351,542.70 - 2,006,005.30    
   % Balance   0.95%0.20%0.00%1.15%   
   # Loans   4 1 - 5    
   % # Loans   0.75%0.19%0.00%0.94%   
FORECLOSURE  Balance   - - - - -    
   % Balance  0.00%0.00%0.00%0.00%0.00%   
   # Loans   - - - - -    
   % # Loans  0.00%0.00%0.00%0.00%0.00%   
BANKRUPTCY  Balance   - - - - -    
   % Balance  0.00%0.00%0.00%0.00%0.00%   
   # Loans   - - - - -    
   % # Loans  0.00%0.00%0.00%0.00%0.00%   
REO  Balance   - - - - -    
   % Balance  0.00%0.00%0.00%0.00%0.00%   
   # Loans   - - - - -    
   % # Loans  0.00%0.00%0.00%0.00%0.00%   
            
TOTAL  Balance   - 1,654,462.60 351,542.70 - 2,006,005.30    
   % Balance  0.00%0.95%0.20%0.00%1.15%   
   # Loans   - 4 1 - 5    
   % # Loans  0.00%0.75%0.19%0.00%0.94%   
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+           
        6 Months Moving Average    
1 or 2 Payments Delinquent3 or More Payments Delinquent   
            
            
Total ForeclosureTotal Bankruptcy and REO   
            
            
Note: Dates correspond to distribution dates.           
    Page 13 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Delinquency Report for July 26, 2004 Distribution   
     
     
 Delinquency Report - Group 3 Group   
            
            
     <1 PAYMENT 1 PAYMENT 2 PAYMENTS 3+ PAYMENTS TOTAL   
DELINQUENT  Balance   340,879.82 - - 340,879.82    
   % Balance   0.47%0.00%0.00%0.47%   
   # Loans   1 - - 1    
   % # Loans   0.34%0.00%0.00%0.34%   
FORECLOSURE  Balance   - - - - -    
   % Balance  0.00%0.00%0.00%0.00%0.00%   
   # Loans   - - - - -    
   % # Loans  0.00%0.00%0.00%0.00%0.00%   
BANKRUPTCY  Balance   - - - - -    
   % Balance  0.00%0.00%0.00%0.00%0.00%   
   # Loans   - - - - -    
   % # Loans  0.00%0.00%0.00%0.00%0.00%   
REO  Balance   - - - - -    
   % Balance  0.00%0.00%0.00%0.00%0.00%   
   # Loans   - - - - -    
   % # Loans  0.00%0.00%0.00%0.00%0.00%   
            
TOTAL  Balance   - 340,879.82 - - 340,879.82    
   % Balance  0.00%0.47%0.00%0.00%0.47%   
   # Loans   - 1 - - 1    
   % # Loans  0.00%0.34%0.00%0.00%0.34%   
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+   
        6 Months Moving Average    
1 or 2 Payments Delinquent3 or More Payments Delinquent   
            
            
Total ForeclosureTotal Bankruptcy and REO   
            
            
Note: Dates correspond to distribution dates.           
    Page 14 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 REO Report for July 26, 2004 Distribution   
     
     
 REO Report - Mortgage Loans that Become REO During Current Distribution   
            
            
SUMMARY    LOAN GROUP       
            
Total Loan Count = 0 Loan Group 1 = Group 1; REO Book Value = 000.00   
Total Original Principal Balance = 000.00 Loan Group 2 = Group 2; REO Book Value = 000.00       
Total Current Balance = 000.00 Loan Group 3 = Group 3; REO Book Value = 000.00       
REO Book Value = 000.00        
            
REO Book Value reported corresponds to total REO loans, including loans that become REO during current distribution.   
            
Loan Number Original Stated   Current State &      
& Principal Principal Paid to Note LTV at Original Origination    
Loan Group Balance BalanceDateRateOriginationTermDate   
SPACE INTENTIONALLY LEFT BLANK   
          
            
    Page 15 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Foreclosure Report for July 26, 2004 Distribution   
     
     
 Foreclosure Report - Mortgage Loans that Become Foreclosure During Current Distribution   
            
            
SUMMARY    LOAN GROUP       
            
Total Loan Count = 1    Loan Group 1 = Group 1       
Total Original Principal Balance = 70,550.00    Loan Group 2 = Group 2       
Total Current Balance = 70,299.43    Loan Group 3 = Group 3       
            
            
Loan Number Original Stated   Current State &      
& Principal Principal Paid to Note LTV at Original Origination    
Loan Group Balance BalanceDateRateOriginationTermDate   
    
54308192 1 70,550.00 70,299.43 Jan-01-048.700%IL - 85.00% 360 Dec-10-03   
          
            
    Page 16 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Prepayment Report for July 26, 2004 Distribution   
     
     
 Prepayment Report - Voluntary Prepayments   
            
            
VOLUNTARY PREPAYMENTS    GROUP 3 GROUP 2 GROUP 1 TOTAL   
            
 Current          
 Number of Paid in Full Loans   4 6 54 64    
 Number of Repurchased Loans   - - - -    
 Total Number of Loans Prepaid in Full   4 6 54 64    
            
 Paid in Full Balance   988,071.18 2,177,447.88 9,518,513.09 12,684,032.15    
 Repurchased Loans Balance   - - - -    
 Curtailments Amount   3,882.62 6,030.22 51,837.46 61,750.30    
 Total Prepayment Amount   991,953.80 2,183,478.10 9,570,350.55 12,745,782.45    
            
 Cumulative          
 Number of Paid in Full Loans   6 17 123 146    
 Number of Repurchased Loans   - 1 18 19    
 Total Number of Loans Prepaid in Full   6 18 141 165    
            
 Paid in Full Balance   1,662,697.28 6,509,150.59 20,551,790.89 28,723,638.76    
 Repurchased Loans Balance   - 208,992.55 2,892,015.74 3,101,008.29    
 Curtailments Amount   31,478.01 22,788.42 152,158.86 206,425.29    
 Total Prepayment Amount   1,694,175.29 6,740,931.56 23,595,965.49 32,031,072.34    
            
SPACE INTENTIONALLY LEFT BLANK   
            
            
Total Prepayments by Groups (in thousands of dollars)Total Prepayments (in thousands of dollars)   
            
            
    Page 17 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Prepayment Report for July 26, 2004 Distribution   
     
     
 Prepayment Report - Voluntary Prepayments   
            
            
VOLUNTARY PREPAYMENT RATES    GROUP 3 GROUP 2 GROUP 1 TOTAL   
            
 SMM   1.35%1.24%1.31%1.30%   
 3 Months Avg SMM   0.77%1.25%1.07%1.08%   
 12 Months Avg SMM          
 Avg SMM Since Cut-off   0.77%1.25%1.07%1.08%   
            
 CPR   15.04%13.87%14.68%14.56%   
 3 Months Avg CPR   8.82%14.06%12.12%12.23%   
 12 Months Avg CPR          
 Avg CPR Since Cut-off   8.82%14.06%12.12%12.23%   
            
 PSA   1720.50%1593.75%1677.32%1665.62%   
 3 Months Avg PSA Approximation   1305.63%2099.33%1793.41%1813.16%   
 12 Months Avg PSA Approximation          
 Avg PSA Since Cut-off Approximation   1305.63%2099.33%1793.41%1813.16%   
            
            
            
  Group 1 Group 3        
  Group 2          
            
            
CPR by GroupsTotal CPR   
            
            
PSA by GroupsTotal PSA   
            
            
    Page 18 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Prepayment Report for July 26, 2004 Distribution   
     
     
 Prepayment Report - Voluntary Prepayments   
            
  Group 1 Group 3        
  Group 2          
    
CPR Avg since Cut-Off by Groups Total CPR Avg since Cut-Off    
            
            
PSA Avg since Cut-Off by Groups Total PSA Avg since Cut-Off    
            
            
PREPAYMENT CALCULATION METHODOLOGY   
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases)/(Beg Principal Balance - Sched Principal)   
Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)   
PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))   
Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn) * (1-SMMn+1) *.......*(1-SMMm)]^(1/months in period n,m)   
Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)   
Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m))   
Average WASn,m: (min(30,WASn)+min(30,WASn+1)+.......+min(30,WASm)/(number of months in the period n,m)   
Weighted Average Seasoning (WAS)   
    
Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.   
Dates correspond to distribution dates.   
            
    Page 19 of 27   © COPYRIGHT 2004 Deutsche Bank   
            
            
 Argent Mortgage Securities, Inc. 2004-W6  
 Mortgage Pass-Through Certificates  
    
 Prepayment Detail Report for July 26, 2004 Distribution  
    
    
 Prepayment Detail Report - Loans Prepaid in Full During Current Distribution  
            
            
SUMMARY     LOAN GROUP     
            
Total Loan Count = 64     Loan Group 1 = Group 1  
Total Original Principal Balance = 12,719,849.00 Loan Group 2 = Group 2  
Total Prepayment Amount = 12,684,032.15 Loan Group 3 = Group 3  
            
            
Loan Number  Original    Current State & Type Prepayment    
&Loan Principal Prepayment Prepayment Note LTV at & Origination   
Loan GroupStatus Balance AmountDateRateOriginationOriginal TermDate  
   
53512497 1  160,000.00 159,579.21 Jul-09-048.150%CA - 80.00% Paid Off - 360 Jan-08-04  
54635834 1  304,000.00 303,033.26 Jul-01-047.200%CA - 95.00% Paid Off - 360 Jan-22-04  
54841531 1  131,250.00 130,763.00 Jul-02-048.150%IL - 75.00% Paid Off - 360 Jan-07-04  
54900998 1  154,050.00 153,569.67 Jun-30-047.300%CA - 65.00% Paid Off - 360 Jan-12-04  
55073019 1  112,000.00 111,571.55 Jul-01-046.250%IL - 80.00% Paid Off - 360 Jan-13-04  
55103816 1  80,126.00 79,935.69 Jun-24-048.650%NV - 65.00% Paid Off - 360 Jan-21-04  
55109797 1  180,000.00 179,359.48 Jun-30-046.625%CA - 75.00% Paid Off - 360 Feb-05-04  
55125397 1  148,950.00 148,660.66 Jun-29-049.700%NV - 75.00% Paid Off - 360 Jan-20-04  
55169973 1  139,000.00 138,415.31 Jun-29-045.750%IL - 69.50% Paid Off - 360 Jan-21-04  
55198139 1  100,000.00 99,682.82 Jul-06-047.250%OH - 80.00% Paid Off - 360 Jan-06-04  
55200679 1  130,500.00 130,085.94 Jun-28-047.300%MD - 90.00% Paid Off - 360 Jan-07-04  
55209472 1  274,500.00 273,429.69 Jun-30-046.150%IL - 90.00% Paid Off - 360 Jan-05-04  
55247514 1  131,250.00 130,921.89 Jul-02-048.400%IL - 75.00% Paid Off - 360 Jan-06-04  
55251136 1  150,500.00 150,257.27 Jun-24-0410.500%CA - 70.00% Paid Off - 360 Jan-05-04  
55304497 1  97,750.00 97,529.48 Jun-30-048.900%NC - 85.00% Paid Off - 360 Jan-12-04  
55341614 1  100,000.00 99,678.83 Jul-07-047.150%WI - 83.33% Paid Off - 360 Jan-16-04  
55426977 1  89,600.00 89,270.19 Jun-11-046.450%NE - 80.00% Paid Off - 360 Jan-16-04  
55440176 1  128,000.00 127,564.00 Jun-16-046.850%AZ - 80.00% Paid Off - 360 Jan-21-04  
55467831 1  123,500.00 123,184.95 Jun-29-048.300%MI - 95.00% Paid Off - 360 Jan-26-04  
55507479 1  171,000.00 170,477.31 Jul-02-047.400%IL - 95.00% Paid Off - 360 Jan-22-04  
55531792 1  279,500.00 279,181.45 Jun-30-0410.750%NY - 65.00% Paid Off - 360 Feb-02-04  
55532394 1  80,000.00 79,787.46 Jun-28-048.100%AZ - 80.00% Paid Off - 360 Jan-22-04  
55533699 1  165,368.00 164,882.21 Jun-11-047.600%FL - 90.00% Paid Off - 360 Jan-28-04  
55600035 1  320,000.00 319,331.61 Jul-06-047.850%IL - 84.21% Paid Off - 360 Feb-17-04  
55608616 1  184,000.00 183,571.89 Jun-23-048.750%CA - 80.00% Paid Off - 360 Jan-31-04  
55654370 1  255,850.00 255,149.39 Jun-15-047.950%CA - 85.00% Paid Off - 360 Jan-23-04  
55707319 1  207,000.00 206,301.76 Jun-24-046.900%IL - 90.00% Paid Off - 360 Jan-28-04  
55708150 1  233,100.00 232,592.63 Jul-02-047.650%HI - 89.65% Paid Off - 360 Feb-28-04  
55814313 1  328,500.00 327,544.62 Jul-06-047.650%CA - 90.00% Paid Off - 360 Jan-30-04  
55823678 1  140,000.00 139,652.98 Jun-22-047.425%IL - 87.50% Paid Off - 360 Feb-02-04  
55834071 1  120,700.00 120,421.39 Jun-23-047.350%AZ - 83.24% Paid Off - 360 Feb-18-04  
55900492 1  70,000.00 69,809.12 Jun-21-046.500%CT - 36.44% Paid Off - 360 Feb-18-04  
55902514 1  63,000.00 62,864.37 Jun-28-047.700%FL - 61.17% Paid Off - 360 Feb-19-04  
55920938 1  223,250.00 222,739.78 Jun-29-047.400%IL - 95.00% Paid Off - 360 Feb-11-04  
55921019 1  380,000.00 379,325.56 Jun-29-048.650%IL - 88.37% Paid Off - 360 Feb-25-04  
55956155 1  318,750.00 317,765.61 Jun-16-045.850%IL - 85.00% Paid Off - 360 Feb-13-04  
55979157 1  164,700.00 164,366.22 Jun-30-048.000%GA - 89.03% Paid Off - 360 Feb-13-04  
55982656 1  62,000.00 61,879.35 Jun-15-048.200%CA - 37.58% Paid Off - 360 Feb-09-04  
56084494 1  153,000.00 152,786.37 Jun-30-049.800%CA - 73.91% Paid Off - 360 Feb-26-04  
56084676 1  145,800.00 145,535.85 Jun-28-048.550%IL - 90.00% Paid Off - 360 Feb-23-04  
56089097 1  135,000.00 134,702.02 Jun-29-047.575%NV - 90.00% Paid Off - 360 Feb-18-04  
56091853 1  288,000.00 287,214.68 Jun-25-046.500%CA - 90.00% Paid Off - 360 Feb-18-04  
56153331 1  198,000.00 197,550.51 Jun-30-047.680%CA - 89.19% Paid Off - 360 Feb-25-04  
56171630 1  184,300.00 183,866.05 Jun-11-047.250%IL - 95.00% Paid Off - 360 Feb-27-04  
            
     Page 20 of 27   © COPYRIGHT 2004 Deutsche Bank  
 Argent Mortgage Securities, Inc. 2004-W6  
 Mortgage Pass-Through Certificates  
    
 Prepayment Detail Report for July 26, 2004 Distribution  
    
    
 Prepayment Detail Report - Loans Prepaid in Full During Current Distribution  
            
            
            
Loan Number  Original    Current State &     
&Loan Principal Prepayment Prepayment Note LTV at Original Origination   
Loan GroupStatus Balance AmountDateRateOriginationTermDate  
   
56205578 1  180,000.00 179,545.92 Jun-24-046.900%KS - 80.00% Paid Off - 360 Feb-19-04  
56206790 1  183,600.00 183,343.64 Jun-15-049.800%MO - 85.00% Paid Off - 360 Feb-13-04  
56363856 1  140,250.00 139,919.76 Jun-22-047.250%CA - 85.00% Paid Off - 360 Feb-25-04  
56365679 1  99,180.00 98,979.02 Jun-21-048.000%IL - 90.00% Paid Off - 360 Feb-24-04  
56597818 1  184,000.00 183,540.38 Jul-02-046.950%MN - 80.00% Paid Off - 360 Feb-27-04  
65515124 1  167,675.00 167,215.81 Jun-24-047.950%NV - 95.00% Paid Off - 360 Jan-07-04  
68355148 1  196,000.00 195,455.10 Jul-08-046.400%CA - 80.00% Paid Off - 360 Feb-25-04  
68538842 1  259,000.00 258,365.67 Jul-02-048.500%CA - 70.00% Paid Off - 360 Jan-30-04  
69933620 1  208,000.00 207,711.62 Jul-09-049.850%MD - 89.66% Paid Off - 360 Feb-24-04  
70241120 1  319,500.00 318,643.09 Jul-01-047.400%CA - 90.00% Paid Off - 360 Feb-19-04  
55342174 2  165,000.00 164,529.60 Jul-02-047.750%MD - 84.62% Paid Off - 360 Jan-21-04  
55733034 2  480,300.00 479,191.33 Jul-07-047.350%IL - 79.61% Paid Off - 360 Feb-11-04  
56188774 2  449,000.00 447,715.21 Jun-23-046.250%CA - 91.63% Paid Off - 360 Feb-17-04  
56297997 2  339,300.00 338,435.70 Jul-01-046.850%IL - 90.00% Paid Off - 360 Feb-20-04  
56350952 2  344,250.00 343,669.74 Jul-08-048.900%IL - 85.00% Paid Off - 360 Feb-25-04  
56357155 2  405,000.00 403,906.30 Jun-22-046.550%CA - 90.00% Paid Off - 360 Feb-26-04  
55117097 3  316,800.00 312,830.13 Jun-30-046.800%NV - 90.00% Paid Off - 240 Jan-05-04  
55281596 3  99,000.00 98,700.34 Jun-22-047.450%GA - 75.00% Paid Off - 360 Jan-08-04  
55286439 3  103,200.00 102,899.87 Jul-02-047.650%OH - 80.00% Paid Off - 360 Jan-06-04  
56070998 3  475,000.00 473,640.84 Jun-23-046.250%IL - 95.00% Paid Off - 360 Feb-11-04  
          
            
     Page 21 of 27   © COPYRIGHT 2004 Deutsche Bank  
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Realized Loss Report for July 26, 2004 Distribution   
     
     
 Realized Loss Report - Collateral   
            
            
COLLATERAL REALIZED LOSSES    GROUP 3 GROUP 2 GROUP 1 TOTAL   
            
 Current          
 Number of Loans Liquidated   - - - -    
 Collateral Realized Loss/(Gain) Amount   - - - -    
 Net Liquidation Proceeds   - - - -    
            
 Cumulative          
 Number of Loans Liquidated   - - - -    
 Collateral Realized Loss/(Gain) Amount   - - - -    
 Net Liquidation Proceeds   - - - -    
            
 Note: Collateral Realized Loss Amount may include adjustments to loans liquidated in prior periods.          
            
SPACE INTENTIONALLY LEFT BLANK   
            
            
  Group 1 Group 3    3 Months Moving Average     
  Group 2          
            
Collateral Loss Severity Approximation by GroupsCollateral Loss Severity Approximation   
            
            
    Page 22 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Realized Loss Report for July 26, 2004 Distribution   
     
     
 Realized Loss Report - Collateral   
            
            
DEFAULT SPEEDS    GROUP 3 GROUP 2 GROUP 1 TOTAL   
            
 MDR   0.00%0.00%0.00%0.00%   
 3 Months Avg MDR   0.00%0.00%0.00%0.00%   
 12 Months Avg MDR          
 Avg MDR Since Cut-off   0.00%0.00%0.00%0.00%   
            
 CDR   0.00%0.00%0.00%0.00%   
 3 Months Avg CDR   0.00%0.00%0.00%0.00%   
 12 Months Avg CDR          
 Avg CDR Since Cut-off   0.00%0.00%0.00%0.00%   
            
 SDA   0.00%0.00%0.00%0.00%   
 3 Months Avg SDA Approximation   0.00%0.00%0.00%0.00%   
 12 Months Avg SDA Approximation          
 Avg SDA Since Cut-off Approximation   0.00%0.00%0.00%0.00%   
            
 Loss Severity Approximation for Current Period   
 3 Months Avg Loss Severity Approximation   
 12 Months Avg Loss Severity Approximation   
 Avg Loss Severity Approximation Since Cut-off   
            
  Group 1 Group 3        
  Group 2          
CDR by GroupsTotal CDR   
            
            
SDA by GroupsTotal SDA   
            
            
    Page 23 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Realized Loss Report for July 26, 2004 Distribution   
     
     
 Realized Loss Report - Collateral   
            
  Group 1 Group 3        
  Group 2          
            
CDR Avg since Cut-Off by GroupsTotal CDR Avg since Cut-Off   
            
            
SDA Avg since Cut-Off by Groups Total SDA Avg since Cut-Off    
            
            
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY   
Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)   
Conditional Default Rate (CDR): 1-((1-MDR)^12)   
SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)*0.02,MAX(0.03,MIN(30,WAS)*0.02-0.0095*(WAS-60)))   
Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn) * (1-MDRn+1) *.......*(1-MDRm)]^(1/months in period n,m)   
Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)   
Average SDA Approximation over period between the nth month and mth month:   
AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)*0.02,MAX(0.03,MIN(30,Avg WASn,m)*0.02-0.0095*(Avg WASn,m-60)))   
Average WASn,m: (WASn + WASn+1 +.......+ WASm )/(number of months in the period n,m)   
Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)   
Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)   
Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.   
Dates correspond to distribution dates.   
            
    Page 24 of 27   © COPYRIGHT 2004 Deutsche Bank   
            
            
 Argent Mortgage Securities, Inc. 2004-W6  
 Mortgage Pass-Through Certificates  
    
 Realized Loss Detail Report for July 26, 2004 Distribution  
   
   
 Realized Loss Detail Report - Loans Liquidated During Current Distribution  
   
SUMMARY      LOAN GROUP    
Total Loan Count Current Losses = 0           
Total Loan Count Revisions = 0     Loan Group 1 = Group 1  
Total Prior Principal Balance = 0.00 Loan Group 2 = Group 2  
Total Current Realized Loss Amount = 0.00 Loan Group 3 = Group 3  
Total Revisions Amount = 0.00    
Total Realized Loss Amount = 0.00       
Total Net Liquidation Proceeds = 0.00           
Note: Total Realized Loss Amount may include adjustments to loans liquidated in prior periods.           
            
Loan Number  Current State &   Prior Realized  Cumulative  
&Loan Note LTV at OriginalPrincipal Loss/(Gain) Realized Realized   
Loan GroupStatusRateOriginationTermBalanceRevisionsLoss/(Gain)Loss/(Gain)  
SPACE INTENTIONALLY LEFT BLANK  
          
            
     Page 25 of 27    © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Triggers, Adj. Rate Cert. and Miscellaneous Report for July 26, 2004 Distribution   
     
     
 Triggers, Adj. Rate Cert. and Miscellaneous Report   
            
            
TRIGGER EVENTS    GROUP 3 GROUP 2 GROUP 1 TOTAL   
    
 Trigger Event in effect      No   
 Stepdown Date has occurred      No   
            
 Balances 60+ days      3,048,372.10    
 Ending Pool Balance      965,332,771.65    
 Delinquency Percentage      0.32%   
            
 Balance of Mezzanine and C Class      205,499,995.51    
 Ending Pool Balance      965,332,771.65    
 Credit Enhancement Percentage      21.29%   
            
            
ADJUSTABLE RATE CERTIFICATE INFORMATION    GROUP 3 GROUP 2 GROUP 1 TOTAL   
    
 Net WAC Rate Carryover Amt:ClassAV-1      0.00    
 Net WAC Rate Carryover Amt:ClassAV-2      0.00    
 Net WAC Rate Carryover Amt:ClassAV-3      0.00    
 Net WAC Rate Carryover Amt:ClassAV-4      0.00    
 Net WAC Rate Carryover Amt:ClassAV-5      0.00    
 Net WAC Rate Carryover Amt:ClassAF      0.00    
 Net WAC Rate Carryover Amt:ClassM-1      0.00    
 Net WAC Rate Carryover Amt:ClassM-2      0.00    
 Net WAC Rate Carryover Amt:ClassM-3      0.00    
 Net WAC Rate Carryover Amt:ClassM-4      0.00    
 Net WAC Rate Carryover Amt:ClassM-5      0.00    
 Net WAC Rate Carryover Amt:ClassM-6      0.00    
 Net WAC Rate Carryover Amt:ClassM-7      0.00    
            
            
            
ADDITIONAL INFORMATION    GROUP 3 GROUP 2 GROUP 1 TOTAL   
    
 Libor for Current Period      1.300000%   
 Current Period loan level losses      0.00    
 Current Recoveries or Losses from Prior periods      0.00    
 Total Current Losses      0.00    
            
            
    Page 26 of 27   © COPYRIGHT 2004 Deutsche Bank   
 Argent Mortgage Securities, Inc. 2004-W6   
 Mortgage Pass-Through Certificates   
     
 Other Related Information for July 26, 2004 Distribution   
     
     
 Other Related Information   
            
            
ADDITIONAL INFORMATION    GROUP 3 GROUP 2 GROUP 1 TOTAL   
    
 Class AV-1 Next Pass-Through Rate      1.700000%   
 Class AV-2 Next Pass-Through Rate      1.900000%   
 Class AV-3 Next Pass-Through Rate      1.560000%   
 Class AV-4 Next Pass-Through Rate      1.670000%   
 Class AV-5 Next Pass-Through Rate      1.850000%   
 Class AF Next Pass-Through Rate      3.773000%   
 Class M-1 Next Pass-Through Rate      2.000000%   
 Class M-2 Next Pass-Through Rate      2.650000%   
 Class M-3 Next Pass-Through Rate      2.850000%   
 Class M-4 Next Pass-Through Rate      3.350000%   
 Class M-5 Next Pass-Through Rate      3.300000%   
 Class M-6 Next Pass-Through Rate      4.500000%   
 Class M-7 Next Pass-Through Rate      4.700000%   
            
            
    Page 27 of 27   © COPYRIGHT 2004 Deutsche Bank