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

           Long Beach Securities Corp (as Depositor under the Pooling
        and Servicing Agreement, dated as May 1, 2004, providing for the
          issuance of Long Beach Mortgage Loan Trust 2004-2 Asset-Backed
                    Pass-Through Certificates, Series 2004-2)
                 (Exact name of registrant as specified in charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

                 333-90550-10                          33-0917586
          (Commission File Number)        (I.R.S. Employer Identification No.)


               1100 Town and Country Road
               Orange, California                        92868
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (714) 541-5378


(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
     September 27, 2004.

                                    Signatures

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



                                  Deutsche Bank National Trust Company,
                                  in its capacity as Trustee under the
                                  Pooling and Servicing Agreement on
                                  behalf of Long Beach Securities Corp
                                  ,Registrant

          Date:  Sep 27, 2004               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

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








			

- < TD ALIGN="right">< TD ALIGN="right">< TD ALIGN="right">< /TR>< TD ALIGN="right">11.200%< TD ALIGN="right"> 66,263,269.93 < TD ALIGN="right">< TD ALIGN="right">< TD ALIGN="right">< TD ALIGN="right"> Paid Off - 360 324,000.00 Mar-12-04< TD ALIGN="right">< TR VALIGN="bottom">

	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	September 27, 2004 Distribution
	Contents
			TABLE OF CONTENTS
								Page
			1.	Contents				1
			2.	Certificate Payment Report				2
			3.	Collection Account Report				4
			4.	Credit Enhancement Report				7
			5.	Collateral Report				8
			6.	Delinquency Report				11
			7.	REO Report				14
			8.	Foreclosure Report				15
			9.	Prepayment Report				16
			10.	Prepayment Detail Report				19
			11.	Realized Loss Report				23
			12.	Realized Loss Detail Report				26
			13.	Triggers, Adj. Rate Cert. and Miscellaneous Report				27
				Total Number of Pages				27
			CONTACTS
	< /FONT>			Administrator: Valerie Delgado
		& nbsp;		Direct Phone Number: (714)247-6273
				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:		Long Beach Securities					Cut-Off Date: May 1, 2004
	Certificate Insurer(s):			< /FONT>				Closing Date: May 4, 2004
								First Payment Date: June 25, 2004
	Servicer(s):		Long Beach Mortgage Corp. Master Servicer
								Distribution Date: September 27, 2004
	Underwriter(s):		Deutsche Bank Securities					Record Date: September 24, 2004
			UBS Investment Bank Underwriter					August 31, 2004
			Goldman, Sachs & Co.
			Washington Mutual
						Page 1 of 27					© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	REMIC II Upper Tier Remic
	Certificate Payment Report for September 27, 2004 Distribution
	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1) - -(3)-(5)+(6)
A-1	FLT, STEP	955,180,000.00			909,701,982.21	1,530,194.54	25,987,389.62	27,517,584.16	-	-	883,714,592.59
A-2	FLT, STEP	169,140,000.00			155,894,646.16	245,079.37	10,462,015.24	10,707,094.61	-	-	145,432,630.92
A-3	FLT, STEP	75,250,000.00			75,250,000.00	127,266.56	-	127,266.56	-	-	75,250,000.00
A-4	FLT, STEP	55,990,000.00			55,990,000.00	108,550.61	-	108,550.61	-	-	55,990,000.00
M-1	MEZ, FLT, S	87,350,000.00			87,350,000.00	171,751.94	-	171,751.94	-	-	87,350,000.00
M-2	MEZ, FLT, S	45,570,000.00			45,570,000.00	112,576.89	-	112,576.89	-	-	45,570,000.00
M-3	MEZ, FLT, S	22,790,000.00			22,790,000.00	57,763.15	-	57,763.15	-	-	22,790,000.00
M-4	MEZ, FLT, S	22,790,000.00			22,790,000.00	62,985.86	-	62,985.86	-	-	22,790,000.00
M-5	MEZ, FLT, S	18,990,000.00			18,990,000.00	62,928.11	-	62,928.11	-	-	18,990,000.00
M-6	MEZ, FLT, S	15,190,000.00			15,190,000.00	53,816.90	-	53,816.90	-	-	15,190,000.00
M-7	MEZ, FLT, S	18,990,000.00			18,990,000.00	89,039.36	-	89,039.36	-	-	18,990,000.00
B	SUB, STEP,	15,190,000.00			15,190,000.00	71,222.11	-	71,222.11	-	-	15,190,000.00
C	SUB	16,719,152.43			16,710,531.77	4,872,813.10	0.00	4,872,813.10	-	-	16,710,531.77
P	EXE	100.00			100.00	428,959.02	-	428,9 59.02	-	-	100.00
R	R	-			-	-	-	- < /TD>	-	-	-
Total		1,519,139,252.43			1,460,407,260.14	7,994,947.52	36,449,404.86	44,444,352.38	-	-	1,423,957,855.28
	Interest Accrual Detail				Current Period Factor Information per $1,000 of Original Face
						Orig. Principal	Prior				Current
	Period	Period				(with Notional)	Principal			Total	Principal
Class	Starting	Ending		Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
							(1)	(2)	(3)	(4)=(2)+(3)	(5)
A-1	08/25/04	09/26/04		A-Act/360	542514FT6	955,180, 000.00	952.388013	1.601996	27.206798	28.808794	925.181215
A-2	08/25/04	09/26/04		A-Act/360	542514FU3	169,140,000.00	921.689997	1.448973	61.854175	63.303149	859.835822
A-3	08/25/04	09/26/04		A-Act/360	542514FV1	75,250,000.00	1,000.000000	1.691250	-	1.691250	1,000.000000
A-4	08/25/04	09/26/04		A-Act/360	542514FW9	55,990,000.00	1,000.000000	1.938750	-	1.938750	1,000.000000
M-1	08/25/04	09/26/04		A-Act/360	542514FX7	87,350,000.00	1,000.000000	1.966250	-	1.966250	1,000.000000
M-2	08/25/04	09/26/04		A-Act/360	542514FY5	45,570,000.00	1,000.000000	2.470417	- < /TD>	2.470417	1,000.000000
M-3	08/25/04	09/26/04		A-Act/360	542514FZ2	22,790,000.00	1,000.000000	2.534583	-	2.534583	1,000.000000
M-4	08/25/04	09/26/04		A-Act/360	542514GA6	22,790,000.00	1,000.000000	2.763750	-	2.763750	1,000.000000
M-5	08/25/04	09/26/04		A-Act/360	542514GB4	18,990,000.00	1,000.000000	3.313750	-	3.313750	1 ,000.000000
M-6	08/25/04	09/26/04		A-Act/360	542514GC2	15,190,000.00	1,000.000000	3.542916	-	3.542916	1,000.000000
M-7	08/25/04	09/26/04		A-Act/360	542514GD0	18,990,000.00	1,000.000000	4.688750	-	4.688750	1,000.000000
B	08/25/04	09/26/04		A-Act/360	542514GE8	15,190,000.00	1,000.000000	4.688750	-	4.688750	1,000.000000
C	08/25/04	09/26/04		A-30/360		16,719,152.43	88,348.844124	291.450964	0.000000	291.450965	999.484384
P	08/25/04	09/26/04		A-Act/360		100.00	1,000.000000	4,289,590.200000	-	4,289,590.200000	1,000.000000
R	08/25/04	09/26/04		-		-	-	-	-	-	-
			&n bsp;
							Page 2 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	REMIC II Upper Tier R emic
	Certificate Payment Report for September 27, 2004 Distribution
								&nb sp;
	Distribution in Dollars - to Date							&nbs p;
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
A-1	955,180,000.00		5,877,987.56		67,285,775.73	4,179,631.68	71,465,407.41	77,343,394.97	-	-	883,714,592.59
A-2	169,140,000.00		946,847.06		22,361,502.09	1,345,866.99	23,707,369.08	24,654,216.14	-	-	145,432,630.92
A-3	75,250,000.00		47 6,322.05		-	-	-	476,322.05	-	-	75,250,000.00
A-4	55,990,000.00		415,717.97 < /TD>		-	-	-	415,717.97	-	-	55,990,000.00
M-1	87,350,000.00		659,189.20		-	-	-	659,189.20	-	-	87,350,000.00
M-2	45,570,000.00		445,541.69		-	-	-	445,541.69	-	-	45,570,000.00
M-3	22,790,000.00		229,289.55		-	-	-	229,289.55	-	-	22,790,000.00
M-4	22,790,000.00		252,396.08		-	-	-	252,396.08	-	-	22,790,000.00
M-5	18,990,000.00		256,520.61		-	-	-	256,520.61	-	-	18,990,000.00
M-6	15,190,000.00		220,590.44		-	-	-	220,590.44	-	-	15,190,000.00
M-7	18,990,000.00		372,043.11		-	-	-	372,043.11	-	-	18,990,000.00
B	15,190,000.00		297,595.30		-	-	-	297,595.30	-	-	15,190,000.00
C	16,719,152.43		20,487,196.04		7,746.01	874.65	8,620.66	20,495,816.70	-	-	16,710,531.77
P	100.00		1,019,963.52		-	-	-	1,019,963.52	-	-	100.00
R	-		-		-	-	-	-	-	-	-
Total	1,519,139,252.43		31,957,200.18		89,655,023.83	5,526,373.32	95,181,397.15	127,138,597.33	-	-	1,423,957,855.28
	&n bsp;
	Interest Detail
	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			A ccrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance			Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
					(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
A-1	1.83500%	909,701,982.21			1,530,194.54	-	-	-	1,530,194.54	1,530,194.54	-
A-2	1.71500%	155,894,646.16			245,079.37	-	-	-	245,079.37	245,079.37 < /FONT>	-
A-3	1.84500%	75,250,000.00			127,266.56	-	-	-	127,266.56	127,266.56	-
A-4	2.11500%	55,990,000.00			108,550.61	-	-	-	108,550.61	108,550.61	-
M-1	2.14500%	87,350,000.00			171,751.94	-	-	-	171,751.94	171,751.94	-
M-2	2.69500%	45,570,000.00			112,576.89	-	-	-	112,576.89	112,576.89	-
M-3	2.76500%	22,790,000.00			57,763.15	-	-	-	57,763.15	57,763.15	-
M-4	3.01500%	22,790,000.00			62,985.86	-	-	-	62,985.86	62,985.86	-
M-5	3.61500%	18,990,000.00			62,928.11	-	-	-	62,928.11	62,928.11	-
M-6	< FONT FACE="Times New Roman" SIZE=-1>3.86500%	15,190,000.00			53,816.90	-	-	-	53,816.90	53,816.90	-
M-7	5.11500%	18,990,000.00			89,039.36	-	-	-	89,039.36	89,039.36	-
B	5.11500%	15,190,000.00			71,222.11	-	-	-	71,222.11	71,222.11	-
C	4.00424%	1,477,117,791.92			4,872,813.10	-	-	-	4,872,813.10	4,872,813.10	-
P		100.00			428,959.02	-	-	-	428,959.02	428,959.02	-
R		-			-	-	-	-	-	-	-
									< /TD>
Total		2,920,814,520.29			7,994,947.52	-	-	-	7,994,947.52	7,994,947.52
							Page 3 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Collection Account Report for September 27, 2004 Distribution
					&nbs p;
	Collection Account Report
SUMMARY						GROUP 2	GROUP 1	TOTAL
	Principal Collections					10,462,015.24	25,987,389.62	36,449,404.86
	Principal Other Accounts					0.00	0.00	0.00
	TOTAL NET PRINCIPAL					10,462,015.24	25,987,389.62	36,449,404.86
	Interest Collections					1,751,870.59	5,895,673.09	7,647,543.68
	Interest Withdrawals					0.00	0.00	< FONT SIZE="-1" FACE="Times New Roman">0.00
	Interest Other Accounts					126,618.42	302,340.60	428,959.02
	Interest Fees					(5,152.69)	(76,402.49)	(81,555.18)
	Guarantor Fee							0.00
	TOTAL NET INTEREST					1,873,336.32	6,121,611.20	7,994,947.52
	TOTAL AVAILABLE FUNDS FOR DISTRIBUTION					12,335,351.56	32,109,000.82	44,444,352.38
PRINCIPAL - COLLECTIONS						GROUP 2	GROUP 1	TOTAL
	Scheduled Principal Received					325,195.79	1,030,808.58	1,356,004.37
	Prepayments In Full					9,748,322.93	24,191,423.72	33,939,746.65
	Curtailments					23,090.77	86,383.16	109,473.93
	Liquidations					0.00	0.00	0.00	< FONT SIZE="-1" FACE="Arial">
	Insurance Principal					0.00	0.00	0.00
	Repurchased Principal Amounts					365,405.75	678,774.16	1,044,179.91
	Other Principal					0.00	0.00	0.00
	Tot al Realized Loss Of Principal					0.00	0.00	0.00
	Delinquent Principal	< /TD>				(323,945.39)	(873,403.21)	(1,197,348.60)
	Advanced Principal			< FONT SIZE="-1" FACE="Times New Roman">		323,945.39	873,403.21	1,197,348.60
	TOTAL PRINCIPAL COLLECTED					10,462,015.24	25,987,389.62	36,449,404.86
				Page 4 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Collection Account Report for September 27, 2004 Distribution
	Collection Account Report
PRINCIPAL - WITHDRAWALS						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS						GROUP 2	GROUP 1	TOTAL
	TOTAL OTHER ACCOUNTS PRINCIPAL					0.00	0.00	0.00
INTEREST - COLLECTIONS						GROUP 2	GROUP 1	TOTAL
	Scheduled Interest					1,891, 313.22	6,279,096.88	8,170,410.10
	Liquidation Interest					0.00	0.00	0.00
	Repurchased Interest					1,872.70	4,226.58	6,099.28
	Insurance Interest					0.00	0.00	0.00
	Other Interest					0.00	0.00	0.00
	Relief Act Interest Shortfalls					(160.75)	(214.13)	(374.88)
	Prepayment Interest Shortfalls					(25,561.57)	(76,513.84)	(102,075.41)
	Compensating Interest					25,561.57	76,513.84	102,075.41
	Delinquent Interest					(1,832,175.54)	(5,304,024.67)	(7,136,200.21)
	Interest Advanced					1,691,020.96	4,916,588.43	6,607,609.39
	TOTAL INTEREST COLLECTED					1,751,870.59	5,895,673.09	7,647,543.68
				Page 5 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Collection Account Report for September 27, 2004 Distribution
	Collection Account Report
INTEREST - WITHDRAWALS						GROUP 2	GROUP 1	TOTAL
	Trust Fund Expenses					0.00	0.00	0.00
	Nonrecoverable Advances					0.00	0.00	0.00
	Reimbursements to Master Servicer					0.00	0.00	0.00
	TOTAL INTEREST WITHDRAWALS					0.00	0.00	0.00
INTEREST - OTHER ACCOU NTS						GROUP 2	GROUP 1	TOTAL
	Prepayment Charges					126,618.42	302,340.60	428,959.02
	TOTAL INTEREST OTHER ACCOUNTS					126,618.42	302,340.60	428,959.02
							&nb sp;
INTEREST - FEES						GROUP 2	GROUP 1	TOTAL
	Current Servicing Fees					4,758.72	75,153.50	79,912.22
	Current Trustee Fees					393.97	1,248.99	1,642.96
	California Tax Fee							0.00			&n bsp;
	TOTAL INTEREST OTHER FEES					5,152.69	76,402.49	81,555.18
				< FONT SIZE="-1" FACE="Times New Roman">
				Page 6 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Credit Enhancement Report for September 27, 2004 Distribution
	Credit Enhancement Report
ACCOUNTS						GROUP 2	GROUP 1	TOTAL
											< /TD>
	RESERVE FUND BALANCE							1,001.99
INSURANCE						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
STRUCTURAL FEATURES						GROUP 2	GROUP 1	TOTAL
	Overcollateralized Amount - Prior Period							16,710,531.78
	Current Period Losses							(0.00)
	Overcollateralized Amount - After Current Losses							16,710,531.78
	Overcollateralization Increase Amount							0.00
	Overcollateralization Reduction Amount							0.00
	Overcollateralized Amount - Ending							16,710,531.78
	OC Deficiency Amount - Ending							0.00
	Required Overcollateralized Amount							16,710,531.78
			;
				Page 7 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Collateral Report for September 27, 2004 Distribution
	Collateral Report
COLLATERAL						GROUP 2	GROUP 1	TOTAL
	Loan Count:
	Original					823	7371	8194
	Prior					795	7,145	7,940
	Prefunding					-	-	-
	Scheduled Paid Offs					-	-	-
	Full Voluntary Prepayments					(21)	(127)	(148)
	Repurchases					(1)	(6)	(7)
	Liquidations					-	-	-
	Current					773	7,012	7,785
	Principal Balance:								;
	Original					363,439,508.57	1,155,699,743.86	1,519,139,252.43
	Prior					350,191,906.12	1,110,215,354.03	1,460,407,260.15
	Prefunding					-	-	-
	Scheduled Principal					(325,195.79)	(1,030,808.58)	(1,356,004.37)
	Parti al and Full Voluntary Prepayments					(9,771,413.70)	(24,277,806.88)	(34,049,220.58)
	Repurchases					(365,405.75)	(678,774.16)	(1,044,179.91)
	Liquidations					-	-	-
	Current					339,729,890.88	1,084,227,964.41	1,423,957,855.29
PREFUNDING						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
	Group 1
	Group 2					< /TD>
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
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Collateral Report for September 27, 2004 Distribution
	Collateral Report
CHARACTERISTICS						GROUP 2	GROUP 1	TOTAL
	Weighted Average Coupon Original					6.498676%	6.795480%	6.724473%
	Weighted Average Coupon Prior					6.489308%	6.793656%	6.720589%
	Weighted Average Coupon Current					6.487366%	6.791464%	6.718545%
	Weighted Average Months to Maturity Original					355	353	353
	Weighted Average Months to Maturity Prior					353	351	351
	Weighted Average Months to Maturity Current					352	350	350
	Weighted Avg Remaining Amortization Term Original					354	353	353
	Weighted Avg Remaining Amortization Term Prior					352	350	351
	Weighted Avg Remaining Amortization Term Current					351	349	350
	Weighted Average Seasoning Original					3.88	3.66	3.71
	Weighted Average Seasoning Prior					5.88	5.63	5.69
	Weighted Average Seasoning Current					6.85	6.60	6.66
Note: Original information refers to deal issue.
	Group 1
	Group 2
WAC by Groups					Total WAC
WARAT by Groups					Total WARAT
Note: Dates correspond to distribution dates.
				Page 9 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Collateral Report for September 27, 2004 Distribution
	;
	Collateral Report
ARM CHARACTERISTICS						GROUP 2	GROUP 1	TOTAL
	Weighted Average Margin Original					4.418%	3.988%
	Weighted Average Margin Prior					4.416%	3.982%
	Weighted Average Margin Current					4.405%	3.979%
	Weighted Average Max Rate Original					10.858%	9.886%
	Weighted Average Max Rate Prior					10.845%	9.859%
	Weighted Average Max Rate Current					10.815%	9.849%
	Weighted Average Min Rate Original					5.635%	5.224%
	Weighted Average Min Rate Prior					5.624%	5.208%
	Weighted Average Min Rate Current					5.606%	5.201%< /TD>
	Weighted Average Cap Up Original					0.931%	0.832%
	Weighted Average Cap Up Prior					0.932%	0.829%
	Weighted Average Cap Up Current					0.929%	0.829%
	Weighted Average Cap Down Original					0.931%	0.832%
	Weighted Average Cap Down Prior					0.932%	0.829%
	Weighted Average Cap Down Current					0.929%	0.829%
Note: Original information refers to deal issue.
SERVICING FEES / ADVANCES						GROUP 2	GROUP 1	TOTAL
	Current Servicing Fees					4,758.72	75,153.50	79,912.22
	Delinquent Servicing Fees					141,154.58	387,436.24	528,590.82
	TOTAL SERVICING FEES					145,913.30	462,589.74	608,503.04
	Compensating Interest					(25,561.57)	(76,513.84)	(102,075.41)
< /TD>	Delinquent Servicing Fees					(141,154.58)	(387,436.24)	(528,590.82)
	COLLECTED SERVICING FEES< /TD>					(20,802.85)	(1,360.34)	(22,163.19)
	Aggregate Advances with respect to this Distribution					2,014,966.35	5,789,991.64	7,804,957.99
	Current Nonrecoverable Advances					0.00	0.00	0.00
	Cumulative Nonrecoverable Advances					0.00	0.00	0.00
ADDITIONAL COLLATERAL INFORMATION						GROUP 2	GROUP 1	TOTAL
	Net Prepayment Interest Shortfall					0.00	0.00	0.00
				Page 10 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Delinquency Report for September 27, 2004 Distribution
&nb sp;
	Delinquency Report - Total
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			22,666,860.53	9,323,865.75	3,939,057.94	35,929,784.22
		% Balance			1.59%	0.65%	0.28%	2.52%
		# Loans			113	43	16	172
		% # Loans			1.45%	0.55%	0.21%	2.21%		&nbs p;
FORECLOSURE		Balance		-	-	34,902.07	1,563,149.81	1,598,051.88
		% Balance		0.00%	0.00%	0.00%	0.11%	0.11%
		# Loans		-	-	1	9	10
		% # Loans		0.00%	0.00%	0.01%	0.12%	0.13%
BANKRUPTCY		Balance		2,849,991.43	122,959.27	276,968.52	264,696.32	3,514,615.54
		% Balance		0.20%	0.01%	0.02%	0.02%	0.25%
		# Loans		16	3	2	2	23
		% # Loans		0.21%	0.04%	0.03%	0.03%	0.30%
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%
									< /TD>
TOTAL		Balance		2,849,991.43	22,789,819.80	9,635,736.34	5,766,904.07	41,042,451.64
		% Balance		0.20%	1.60%	0.68%	0.40%	2.88%
		# Loans		16	116	46	27	205
		% # Loans		0.21%	1.49%	0.59%	0.35%	2.63%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Pay ments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent
Total Foreclosure					Total Bankruptcy and REO
Note: Dates correspond to distribution dates.
				Page 11 of 27				© COPYRIGHT 2004 Deutsche Bank
< /TD>	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Delinquency Report for September 27, 2004 Distribution
	Delinquency Report - Group 1 Group
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			12,432,178.96	5,094,557.30	1,652,830.98	19,179,567.24
		% Balance			1.15%	0.47%	0.15%	1.77%
		# Loans			88	34	12	134
		% # Loans			1.25%	0.48%	0.17%	1.91%
FORECLOSURE		Balance		-	-	34,902.07	1,171,052.84	1,205,954.91
		% Balance		0.00%	0.00%	0.00%	0.11%	0.11%
		# Loans		-	-	1	8	9
		% # Loans		0.00%	0.00%	0.01%	0.11%	0.13%
BANKRUPTCY		Balance		2,241,356.28	122,959.27	276,968.52	264,696.32	2,905,980.39
		% Balance		0.21%	0.01%	0.03%	0.02%	0.27%
		# Loans		15	3	2	2	22
		% # Loans		0.21%	0.04%	0.03%	0.03%	0.31%
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		2,241,356.28	12,555,138.23	5,406,427.89	3,088,580.14	23,291,502.54
		% Balance		0.21%	1.16%	0.50%	0.28%	2.15%
		# Loans		15	91	37	22	165
		% # Loans		0.21%	1.30%	0.53%	0.31%	2.35%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
	&nb sp;							6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent
Total Foreclosure					Total Bankruptcy and REO
Note: Dates correspond to distribution dates.
				Page 12 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Delinquency Report for September 27, 2004 Distribution
	Delinquency Report - Group 2 Group
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			10,234,68 1.57	4,229,308.45	2,286,226.96	16,750,216.98
		% Balance			3.01%	1.24%	0.67%	4.93%
		# Loans			25	9	4	38
		% # Loans			3.23%	1.16%	0.52%	4.92%
FORECLOSURE		Balance		-	-	-	392,096.97	392,096.97
		% Balance		0.00%	0.00%	0.00%	0.12%	0.12%
		# Loans		-	-	-	1	1
		% # Loans		0.00%	0.00%	0.00%	0.13%	0.13%
BANKRUPTCY		Balance		608,635.15	-	-	-	608,635.15
		% Balance		0.18%	0.00%	0.00%	0.00%	0.18%
		# Loans		1	-	-	-	1
		% # Loans		0.13%	0.00%	0.00%	0.00%	0.13%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%< /FONT>	0.00%	0.00%	0.00%
TOTAL		Balance		608,635.15	10,234,681.57	4,229,308.45	2,678,323.93	17,750,949.10
		% Balance		0.18%	3.01%	1.24%	0.79%	5.23%
		# Loans		1	25	9	5	40
		% # Loans		0.13%	3.23%	1.16%	0.65%	5.17%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent
			&n bsp;
Total Foreclosure					Total Bankruptcy and REO
Note: Dates correspond to distribution dates.
				Page 13 o f 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	REO Report for September 27, 2004 Distribution
	REO Report - Mortgage Loans that Become REO During Current Distribution
SUMMARY				LOAN GROUP
Total Loan Count = 0	Loan Group 1 = Group 1; REO Book Value = 000.00
Total Original Principal Balance = 000.00				Loan Group 2 = Group 2; REO Book Value = 000.00
Total Current Balance = 000.00
REO Book Value = 000.00
REO Book Value reported corresponds to total REO loans, including loans that become REO during current distribution.
Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK
< /FONT>
				Page 14 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Foreclosure Report for September 27, 2004 Distribution								&nb sp;
	Foreclosure Report - Mortgage Loans that Become Foreclosure During Current Distribution
SUMMARY				LOAN GROUP
Total Loan Count = 9				Loan Group 1 = Group 1
Total Original Principal Balance = 1,482,710.00				Loan Group 2 = Group 2
Total Current Balance = 1,474,673.44
Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
5654298 1		39,200.00	39,044.07	Mar-01-04	MI - 80.00%	360	Sep-12-03
5848866 1		113,360.00	112,340.58	Mar-01-04	7.375%	CO - 80.00%	360	Sep-16-03
6209858 1		177,600.00	176,219.18	Mar-01-04	5.750%	FL - 80.00%	360	Jan-15-04
6211048 1		194,400.00	193,486.94	Apr-01-04	8.100%	IL - 80.00%	360	Jan-30-04
6213585 1		160,000.00	159,497.31	Mar-01-04	10.050%	NJ - 80.00%	360	Jan-30-04
6216191 1		35,000.00	34,902.07	May-01-04	9.850%	IL - 67.31%	360	Feb-27-04
6219148 1		80,750.00	80,448.18	Apr-01-04	8.450%	WI - 95.00%	360	Feb-10-04
6222942 1		288,000.00	286,638.14	Apr-01-04	7.275%	NY - 80.00%	360	Feb-25-04
6216017 2		394,400.00	392,096.97	Mar-01-04< /FONT>	7.000%	CA - 80.00%	360	Feb-10-04
								&nbs p;
				Page 15 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Prepayment Report for September 27, 2004 Distribution
									;
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENTS						GROUP 2	GROUP 1	TOTAL
	Current
	Number of Paid in Full Loans					21	127	148
	Number of Repurchased Loans					1	6	7
	Total Number of Loans Prepaid in Full					22	133	155
	Paid in Full Balance					9,748,322.93	24,191,423.72	33,939,746.65
	Repurchased Loans Balance					365,405.75	678,774.16	1,044,179.91
	Curtailments Amount					23,090.77	86,383.16	109,473.93
	Total Prepayment Amount					10,136,819.45	24,956,581.04	35,093,400.49
	Cumulative
	Number of Paid in Full Loans					49	353	402
	Number of Repurchased Loans					1	6	7
	Total Number of Loans Prepaid in Full					50	359	409
	Paid in Full Balance					21,938,267.87	88,201,537.80
	Repurchased Loans Balance					365,405.75	678,774.16	1,044,179.91
	Curtailments Amount					74,689.67	334,616.44	409,306.11
	Total Prepayment Amount					22,378,363.29	67,276,660.53	89,655,023.82
SPACE INTENTIONALLY LEFT BLANK
Total Prepayments by Groups (in thousands of dollars)					Total Prepayments (in thousands of dollars)
				Page 16 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Prepayment Report for September 27, 2004 Distribution										& nbsp;
	Prepayment Repor t - Voluntary Prepayments
VOLUNTARY PREPAYMENT RATES						GROUP 2	GROUP 1	TOTAL
	SMM	< /TD>				2.90%	2.25%	2.41%
	3 Months Avg SMM					1.81%	1.72%	1.74%
	12 Months Avg SMM
	Avg SMM Since Cut-off					1.58%	1.49%	1.51%
									;
	CPR					29.73%	23.90%	25.33%
	3 Months Avg CPR					19.66%	18.84%	19.04%
	12 Months Avg CPR
	Avg CPR Since Cut-off					17.40%	16.51%	16.72%
	PSA					2171.45%	1809.09%	1901.39%
	3 Months Avg PSA Approximation					1673.74%	1675.12%	1674.80%
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation					1619.00%	1608.20%	1610.92%
	Group 1
	Group 2
CPR by Groups					Total CPR
PSA by Groups					Total PSA
				Page 17 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Prepayment Report for September 27, 2004 Distribution
	Prepayment Report - Voluntary Prepayments
	Group 1
	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 t he 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 18 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Prepayment Detail Report for September 27, 2004 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
SUMMARY						LOAN GROUP
					&n bsp;
Total Loan Count = 155						Loan Group 1 = Group 1
Total Original Principal Balance = 35,198,280.00						Loan Group 2 = Group 2
Total Prepayment Amount = 34,983,926.56
Loan Number		;	Original			Current	State &	Type Prepayment
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Origination
Loan Group		Status< /TD>	Balance	Amount	Date	Rate	Origination	Original Term	Date
											;
5308754 1			165,600.00	163,150.17	Aug-23-04	6.250%	WI - 80.00%	Paid Off - 360	Apr-30-03
5421094 1			140,000.00	138,853.91	Aug-06-04	8.525%	CA - 80.00%	Paid Off - 360	Jul-08-03
5423413 1			154,400.00	152,808.61	Aug-04-04	7.750%	CA - 80.00%	Paid Off - 360	Jun-02-03
5521091 1			292,000.00	288,420.87	Aug-16-04	6.450%	CA - 80.00%	Paid Off - 360	Jul-03-03
5543087 1			68,000.00	67,520.93	Aug-26-04	8.850%	MO - 85.00%	Paid Off - 360	Jul-21-03
5552369 1			214,400.00	211,975.69	Aug-19-04	6.875%	CA - 80.00%	Paid Off - 360	Jul-02-03
5563267 1			281,600.00	277,292.35	Aug-31-04	5.750%	CA - 80.00%	Paid Off - 360	Jul-01-03
5579792 1			200,000.00	197,528.96	Aug-18-04	7.775%	CA - 81.63%	Paid Off - 360	Jul-09-03
5579891 1			239,200.00	236,226.22	Aug-04-04	6.375%	CA - 80.00%	Paid Off - 360	Jul-03-03
561 0548 1			105,000.00	104,078.03	Aug-05-04	7.750%	FL - 70.00%	Paid Off - 360	Jul-16-03
5616834 1			212,500.00	210,190.25	Aug-02-04	6.850%	CA - 85.00%	Paid Off - 360	Jul-17-03
5642541 1			209,600.00	207, 021.28	Aug-02-04	5.990%	CA - 80.62%	Paid Off - 360	Jul-30-03
5648563 1			224,000.00	221,965.09	Aug-03-04	7.575%	NY - 80.00%	Paid Off - 360	Jul-24-03
5661251 1			266,400.00	264,169.68	Aug-06-04	8.225%	CA - 90.00%	Paid Off - 360	Jul-30-03
5688494 1			207,500.00	206,074.36	Aug-09-04	8.525%	CO - 61.03%	Paid Off - 360	Aug-11-03
5709290 1			277,600.00	274,452.89	Aug-02-04	6.225%	CA - 80.00%	Paid Off - 360	Aug-11-03
5710116 1			229,500.00	227,538.16	Aug-02-04	7.425%	CA - 85.00%	Paid Off - 360	Aug-19-03
5759238 1			240,000.00	237,292.50	Aug-12-04	5.975%	CA - 80.00%	Paid Off - 360	Aug-19-03
5784954 1			226,100.00	224,313.40	Aug-27-04	8.575%	MI - 85.00%	Paid Off - 360	Sep-15-03
5869284 1			40,000.00	39,789.42	Aug-24-04	9.300%	NM - 80.00%	Paid Off - 360	Oct-16-03
5885256 1			195,000.00	194,269.90	Aug-12-04	10.450%	CA - 75.00%	Paid Off - 360	Oct-30-03
5901533 1			463,500.00	460,153.29	Aug-24-04	6.900%	CA - 90.00%	Paid Off - 360	Nov-25-03
5958699 1			140,250.00	139,772.81	Aug-23-04	10.325%	NJ - 85.00%	Paid Off - 360	Nov-26-03
5991831 1			158,900.00	158,267.09	Aug-19-04	9.575%	IL - 70.00%	Paid Off - 360	Nov-12-03
6001887 1			168,000.00	167,067.56	Aug-13-04	7.950%	OH - 80.00%	Paid Off - 360	Nov-14-03
6045785 1			225,000.00	224,006.12	Aug-13-04	9.125%	MN - 90.00%	Paid Off - 360	Nov-24-03
6047518 1			34,200.00	34,133.53	Aug-05-04	11.550%	MI - 90.00%	Paid Off - 360	Jan-16-04
6149116 1			103,200.00	102,697.33	Aug-18-04	7.125%	AL - 80.00%	Paid Off - 360	Jan-07-04
6165005 1			90,000.00	89,448.33	Aug-02-04	6.750%	CA - 69.23%	Paid Off - 360	Jan-08-04
6177083 1			166,500.00	165,818.42	Aug-04-04	8.000%	OH - 90.00%	Paid Off - 360	Jan-16-04
6177513 1			255,000.00	253,650.15	Aug-23-04	7.500%	CA - 83.61%	Paid Off - 360	Jan-05-04
6178313 1			87,500.00	86,882.11	Aug-06-04	6.250%	CT - 70.00%	Paid Off - 360	Dec-26-03
6186159 1			191,250.00	190,446.17	Aug-24-04	7.875%	NV - 85.00%	Paid Off - 360	Jan-21-04
6188890 1			65,000.00	64,844.24	Aug-26-04	9.700%	MN - 54.35%	Paid Off - 360	Feb-05-04
6189393 1			168,000.00	166,724.91	Aug-25-04	5.625%	WA - 80.00%	Paid Off - 360	Jan-13-04
6189989 1			267,357.00	265,785.15	Aug-19-04	6.975%	CA - 80.00%	Paid Off - 360	Jan-06-04
6202352 1			136,000.00	135,162.31	Aug-30-04	6.725%	WA - 80.00%	Paid Off - 360	Jan-08-04
6203954 1			297,500.00	295,933.81	Aug-30-04	6.725%	CA - 85.00%	Paid Off - 360	Jan-23-04
6206167 1			278,000.00	276,278.48	Aug-17-04	5.875%	CA - 80.00%	Paid Off - 360	Jan-09-04
6206294 1			156,094.00	155,076.23	Aug-06-04	5.600%	CA - 80.00%	Paid Off - 360	Jan-30-04
6206472 1			224,250.00	223,527.71	Aug-18-04	9.175%	NJ - 65.00%	Paid Off - 360	Feb-02-04
6206676 1			164,000.00	163,139.11	Aug-13-04	6.750%	CA - 80.00%	Paid Off - 360	Jan-30-04
6206718 1			295,200.00	293,428.09	Aug-19-04	6.900%	CA - 80.00%	Paid Off - 360	Dec-17-03
6207214 1			287,000.00	285,656.19	Aug-25-04	7.325%	CA - 73.31%	Paid Off - 360	Jan-15-04
					Page 19 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Prepayment Detail Report for September 27, 2004 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
		&n bsp;
Loan Number			Original			Current	State &
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Term	Date
6207551 1			155,200.00	154,367.32	Aug-31-04	6.650%	CA - 80.00%	Paid Off - 360	Jan-09-04
6208059 1			160,000.00	159,497.82	Aug-10-04	9.300%	NJ - 80.00%	Paid Off - 360	Jan-14-04
6208627 1			164,050.00	163,190.12	Aug-02-04	7.550%	CA - 85.00%	Paid Off - 360	Jan-13-04
6208635 1			237,000.00	235,609.34	Aug-06-04	6.975%	CA - 40.51%	Paid Off - 360	Jan-05-04
6208678 1			250,000.00	248,896.91	Aug-11-04	7.625%	MD - 84.75%	Paid Off - 360	Ja n-29-04
6208856 1			234,000.00	232,773.77	Aug-04-04	7.125%	MD - 90.00%	Paid Off - 360	Jan-28-04
6209223 1			48,000.00	47,823.18	Aug-04-04	7.600%	CA - 80.00%	Paid Off - 360	Mar-05-04
6209438 1			112,000.00	111,369.23	Aug-10-04	6.375%	CO - 80.00%	Paid Off - 360	Jan-09-04
6209554 1			212,250.00	211,313.44	Aug-19-04	7.625%	CA - 75.00%	Paid Off - 360	Jan-20-04
6209566 1			108,750.00	108,347.6 7	Aug-18-04	8.500%	CO - 75.00%	Paid Off - 360	Jan-09-04
6209762 1			75,600.00	75,264.73	Aug-02-04	7.600%	FL - 75.77%	Paid Off - 360	Jan-20-04
6210192 1			131,200.00	130,280.61	Aug-04-04	5.525%	UT - 80.00%	Jan-20-04
6210281 1			175,000.00	174,397.23	Aug-10-04	8.850%	CA - 63.64%	Paid Off - 360	Jan-22-04
6210335 1			130,500.00	129,426.43	Aug-18-04	7.725%	FL - 63.66%	Paid Off - 360	Jan-12-04
6210825 1			80,000.00	79,555.90	Aug-17-04	6.450%	FL - 80.00%	Paid Off - 360	Jan-26-04
6211050 1			171,000.00	169,955.94	Aug-19-04	5.950%	CO - 95.00%	Paid Off - 360	Jan-20-04
6211823 1			328,000.00	325,978.35	Aug-18-04	5.900%	TX - 80.00%	Paid Off - 360	Jan-26-04
6211906 1			220,000.00	219,004.36	Aug-04-04	6.550%	CA - 80.00%	Paid Off - 360	Feb-19-04
6212118 1			120,000.00	119,297.91	Aug-04-04	6.175%	CA - 80.00%	Paid Off - 360	Jan-22-04
6212237 1			251,750.00	250,216.52	Aug-25-04	6.150%	FL - 95 .00%	Paid Off - 360	Jan-21-04
6212326 1			136,000.00	135,494.23	Aug-02-04	8.475%	IL - 80.00%	Paid Off - 360	Jan-21-04
6212354 1			132,800.00	131,977.64	Aug-12-04	5.875%	UT - 80.00%	Paid Off - 360	Jan-22-04
6212678 1			140,250.00	139,816.91	Aug-30-04	8.475%	IL - 75.00%	Paid Off - 360	Feb-11-04
6212873 1			249,600.00	248,017.56	Aug-25-04	5.750%	CA - 80.00%	Paid Off - 360	Jan-28-04
6213007 1			321,596.27	Aug-12-04	4.900%	CA - 80.00%	Paid Off - 360	Feb-05-04
6213271 1			292,000.00	290,087.14	Aug-31-04	5.575%	CA - 80.00%	Paid Off - 360	Feb-05-04
6213325 1			328,000.00	326,152.81	Aug-27-04	6.375%	CA - 82.00%	Paid Off - 360	Jan-29-04
6213705 1			129,600.00	128,847.55	Aug-23-04	6.575%	CA - 80.00%	Paid Off - 360	Jan-29-04
6214025 1			149,892.00	148,954.34	Aug-04-04	10.375%	CA - 64.61%	Paid Off - 360	Feb-11-04
6214100 1			382,500.00	380,681.70	Aug-11-04	7.250%	CA - 85.00%	Paid Off - 360	Jan-28-04
6214407 1			228,750.00	227,833.69	Aug-10-04	8.125%	OR - 75.00%	Paid Off - 360	Jan-30-04
6214466 1			76,680.00	76,266.74	Aug-02-04	6.000%	CA - 80.00%	Paid Off - 360	Feb-25-04
6214693 1		&n bsp;	276,000.00	274,605.79	Aug-09-04	5.975%	CA - 80.00%	Paid Off - 360	Feb-09-04
6214926 1			261,000.00	259,639.15	Aug-11-04	6.775%	OR - 90.00%	Paid Off - 360	Feb-03-04
6215007 1			140,800.00	140,054.38	Aug - -31-04	5.725%	CA - 80.00%	Paid Off - 360	Feb-24-04
6215182 1			154,400.00	153,665.74	Aug-24-04	6.900%	GA - 80.00%	Paid Off - 360	Mar-01-04
6215249 1			116,450.00	116,104.78	Aug-03-04	8.675%	AL - 85.00%	Paid Off - 360	Feb-17-04
6215609 1			220,800.00	219,596.34	Aug-13-04	6.375%	CA - 80.00%	Paid Off - 360	Feb-13-04
6215644 1			93,500.00	93,205.33	Aug-13-04	8.375%	AR - 79.24%	Paid Off - 360	Feb-27-04
6215701 1			160,200.00	159,627.44	Aug-10-04	6.900%	MA - 90.00%	Paid Off - 360	Mar-10-04
6215745 1			123,750.00	123,111.03	Aug-02-04	6.825%	FL - 75.00%	Paid Off - 360	Feb-09-04
6216089 1			216,000.00	214,747.66	Aug-03-04	6.225%	CA - 80.00%	Paid Off - 360	Feb-04-04
6216210 1			175,500.00	174,878.29	Aug-19-04	7.800%	IL - 90.00%	Paid Off - 360	Feb-09-04
6216260 1			176,000.00	175,072.95	Aug-05-04	7.525%	FL - 80.00%	Paid Off - 360	Jan-30-04
6216650 1			228,000.00	226,820.67	Aug-12-04	6.325%	CA - 80.00%	Pa id Off - 360	Feb-26-04
6216883 1			280,000.00	278,417.12	Aug-25-04	5.375%	CA - 80.00%	Paid Off - 360	Feb-27-04
6217078 1			239,700.00	238,921.21	Aug-02-04	8.225%	MA - 85.00%	Paid Off - 360	Feb-17-04
6217605 1			243,000.00	241,889.63	Aug-27-04	6.500%	CA - 90.00%	Paid Off - 360	Feb-10-04
6217929 1			164,000.00	163,671.90	Aug-26-04	10.550%	MD - 80.00%	Paid Off - 360	Feb-27-04
6218154 1			294,500.00	292,897.49	Aug-10-04	6.925%	CA - 95.00%	Paid Off - 360	Feb-17-04
6218209 1			84,000.00	83,696.69	Aug-02-04	7.700%	ID - 80.00%	Paid Off - 360	Feb-20-04
6218355 1			200,000.00	199,041.20	Aug-20-04	6.250%	CA - 72.73%	Paid Off - 360	Feb-25-04
								< FONT SIZE="-1" FACE="Times New Roman">
					Page 20 of 27				© COPY RIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Prepayment Detail Report for September 27, 2004 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
Loan Number			Original			Current	State &
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Term	Date
6218814 1			153,000.00	151,998.64	Aug-09-04	4.575%	CA - 82.70%	Paid Off - 360	Mar-04-04
6218893 1			102,600.00	102,273.34	Aug-10-04	8.325%	IN - 95.00%	Paid Off - 360	Mar-01-04
6219019 1			224,000.00	222,884.48	Aug-31-04	6.050%	CA - 80.00%	Paid Off - 360	Feb-20-04
6219382 1			112,000.00	111,450.10	Aug-04-04	6.125%	CA - 80.00%	Paid Off - 360	Feb-23-04
6220035 1			286,000.00	284,471.21	Aug-04-04	5.675%	MI - 78.36%	Paid Off - 360	Mar-01-04
6220785 1			292,500.00	291,317.63	Aug-06-04	7.075%	CA - 89.72%	Paid Off - 360	Feb-24-04
6220810 1			224,000.00	222,951.58	Aug-26-04	6.375%	CA - 80.00%	Paid Off - 360	Feb-19-04
6221023 1			160,000.00	1 59,210.73	Aug-18-04	6.100%	VA - 77.30%	Paid Off - 360	Feb-25-04
6221040 1			114,400.00	113,848.91	Aug-16-04	6.225%	CA - 80.00%	Paid Off - 360	Mar-08-04
6221101 1			196,000.00	195,505.11	Aug-16-04	9.450%	CA - 80.00%	Paid Off - 360	Mar-03-04
6221131 1			273,750.00	272,340.79	Aug-13-04	5.875%	CA - 75.00%	Paid Off - 360	Feb-17-04
6221133 1			105,000.00	104,624.99	Aug-23-04	7.755%	CA - 31.34%	Paid Off - 360	Feb-20-04
6221407 1			280,000.00	279,004.01	Aug-09-04	7.775%	NJ - 80.00%	Paid Off - 360	Feb-25-04
6221540 1			195,000.00	194,311.50	Aug-05-04	7.825%	CA - 65.00%	Paid Off - 360	Feb-26-04
6221584 1			148,000.00	147,375.02	Aug-06-04	6.215%	CA - 80.00%	Paid Off - 360	Mar-04-04
6222063 1			200,000.00	199,013.40	Aug-13-04	6.100%	CA - 56.34%	Paid Off - 360	Feb-27-04
6222502 1			324,000.00	322,636.65	Aug-02-04	6.925%	CA - 90.00%	Paid Off - 360	Feb-26-04
6222754 1			145,600.00	144,828.99	Aug-26-04	5.725%	NV - 80.00%	Paid Off - 360	Feb-27-04
6222803 1			240,000.00	238,898.07	Aug-16-04	6.475%	IL - 80.00%	Paid Off - 360	< FONT SIZE="-1" FACE="Times New Roman">Feb-24-04
6222843 1			247,500.00	246,359.25	Aug-11-04	6.475%	GA - 75.00%	Paid Off - 360	Feb-27-04
6223041 1			136,000.00	135,419.28	Aug-31-04	6.850%	CA - 85.00%	Paid Off - 360	Feb-26-04
6223533 1			266,400.00	265,336.25	Aug-26-04	6.025%	UT - 80.00%	Paid Off - 360	Mar-12-04
6223565 1			226,800.00	225,773.61	Aug-23-04	6.550%	CA - 90.00%	Paid Off - 360	Mar-02-04
6224328 1			250,000.00	248,778.38	Aug-25-04	6.150%	CA - 87.72%	Paid Off - 360	Mar-08-04
6224648 1			84,000.00	83,757.32	Aug-23-04	8.800%	FL - 80.00%	Paid Off - 360	Feb-27-04
6225380 1			148,800.00	148,469.47	Aug-31-04	8.975%	OH - 80.00%	Paid Off - 360	Mar-10-04
6226775 1			180,000.00	179,362.56	Aug-04-04	6.650%	CA - 62.07%	Paid Off - 360
6226861 1			156,000.00	155,336.45	Aug-04-04	5.700%	CA - 80.00%	Paid Off - 360	Mar-12-04	&nb sp;
6227897 1			165,000.00	164,520.15	Aug-24-04	7.650%	IL - 83.33%	Paid Off - 360	Mar-12-04
6228607 1		184,000.00	183,296.17	Aug-12-04	6.250%	CA - 80.00%	Paid Off - 360	Mar-08-04
6228869 1			121,500.00	121,279.72	Aug-30-04	9.950%	MN - 75.00%	Paid Off - 360	Mar-19-04
5579438 2			360,000.00	355,503.32	Aug-02-04	6.350%	CA - 80.00%	Paid Off - 360	Jul-02-03
5719695 2			408,000.00	403,019.59	Aug-16-04	5.550%	CA - 80.00%	Paid Off - 360	Aug-15-03
5778667 2			400,000.00	396,567.91	Aug-05-04	6.900%	CA - 88.89%	Paid Off - 360	Sep-29-03
5807193 2			504,000.00	500,783.27	Aug-20-04	8.400%	CA - 80.00%	Paid Off - 360	Oct-07-03
5944533 2			400,000.00	396,512.14	Aug-11-04	6.250%	CA - 80.00%	Paid Off - 360	Oct-22-03
6076038 2			440,000.00	437,003.19	Aug-25-04	6.200%	CA - 85.44%	Paid Off - 360	Jan-07-04
6142301 2			384,000.00	381,587.92	Aug-10-04	6.650%	CA - 80.00%	Paid Off - 360	Dec-16-03
6166250 2			499,990.00	496,282.89	Aug-20-04	5.750%	CA - 62.50%	Paid Off - 360	Jan-07-04
6169932 2			403,750.00	402,162.86	Aug-30-04	8.975%	NJ - 85.00%	Paid Off - 360	Dec-12-03
6172696 2			408,000.00	405,273.48	Aug-26-04	6.300%	CA - 80.00%	Paid Off - 360	Jan-05-04
6177919 2			539,920.00	535,527.51	Aug-27-04	5.250%	CA - 80.00%	Paid Off - 360	Jan-07-04
6197578 2			372,000.00	369,741.12	Aug-04-04	6.050%	CA - 80.00%	P aid Off - 360	Jan-13-04
6203624 2			499,999.00	496,186.51	Aug-25-04	5.600%	CA - 79.37%	Paid Off - 360	Jan-05-04
6207820 2			396,000.00	394,042.99	Aug-02-04	7.050%	NJ - 90.00%	Paid Off - 360	Jan-23-04
6207893 2			702,000.00	698,547.67	Aug-26-04	7.075%	MN - 90.00%	Paid Off - 360	Jan-09-04
6208209 2			499,999.00	497,170.72	Aug-09-04	6.350%	FL - 68.49%	Paid Off - 360	Jan-13-04
6210021 2			535,500.00	532,040.78	Aug-04-04	5.650%	CA - 85.00%	Paid Off - 360	Jan-27-04
6210423 2			499,999.00	497,623.05	Aug-11-04	7.250%	IL - 86.96%	Paid Off - 360	Jan-16-04
6213099 2			470,000.00	467,061.92	Aug-24-04	5.825%	CO - 70.68%	Paid Off - 360	Jan-23-04
6214338 2			612,500.00	608,393.12	Aug-27-04	5.450%	CA - 70.00%	Paid Off - 360	Feb-04-04
6216877 2			480,250.00	477,290.97	Aug-02-04	6.375%	CA - 85.00%	Paid Off - 360	Feb-13-04
					Page 21 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Prepayment Detail Report for September 27, 2004 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
										< /FONT>
Loan Number			Original			Current	State &
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Term	Date
6211656 1			56,800.00	56,573.50	Aug-31-04	7.200%	GA - 80.00%	Repur/Subs - 360	Feb-10-04
6218305 1			44,400.00	44,299.07	Aug-31-04	9.950%	TX - 80.00%	Repur/Subs - 360	Feb-11-04
6218536 1			144,000.00	143,272.59	Aug-31-04	5.975%	WA - 80.00%	Repur/Subs - 360	Feb-20-04
6220040 1			199,200.00	198,382.04	Aug-31-04	7.050%	IL - 80.00%	Repur/Subs - 360	Feb-13-04
6223886 1			37,100.00	37,027.66	Aug-31-04	9.600%	KY - 70.00%	Repur/Subs - 360	Mar-09-04
6225049 1			199,750.00	199,219.30	Aug-31-04	8.100%	GA - 85.00%	Repur/Subs - 360	Mar-09-04
6212821 2			367,200.00	365,405.75	Aug-31-04	6.150%	TX - 80.00%	Repur/Subs - 360	Feb-27-04
					Page 22 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	< FONT FACE="Times New Roman" SIZE=+2 COLOR=#000000>
	Realized Loss Report for September 27, 2004 Distribution
										;
	Realized Loss Report - Collateral
< /FONT>
COLLATERAL REALIZED LOSSES			& nbsp;			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					-	-	-
& nbsp;
	Note: Collateral Realized Loss Amount may include adjus tments to loans liquidated in prior periods.
	Cumulative Loss Percentage							0.000000%
	Current Loan Level losses in Current Period							0.00
	Current Recoveries or Losses from Prior Periods							0.00
	Current Total Losses							0.00
	Group 1						3 Months Moving Average
	Group 2
						&n bsp;
Collateral Loss Severity Approximation by Groups					Collateral Loss Severity Approximation
		< /FONT>
				Page 23 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Realized Loss Report for September 27, 2004 Distr ibution
	Realized Loss Report - Collateral
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
	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
	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
	Avg SDA Since Cut-off Approximation					0.00%	0.00%	0.00%
	Loss Severity Approximation for Current Period
	3 Months Avg Loss Severity Approximation
&nbs p;	12 Months Avg Loss Severity Approximation
	Avg Loss Severity Approximation Since Cut-off
			&nb sp;
	Group 1
	Group 2
CDR by Groups					Total CDR
SDA by Groups					Total SDA
				Page 24 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Realized Loss Report for September 27, 2004 Distribution
	Realized Loss Report - Collateral
	Group 1
	Group 2
CDR Avg since Cut-Off by Groups					Total CDR Avg since Cut-Off
SDA Avg since Cut-Off by Groups					Total SDA Avg since Cut-Off
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)*0.02,MAX(0.03,MIN(30,WAS)*0.02-0.0095*(WAS-60)))
Average MDR over period between nth month and mth month (AvgMDRn,m) : [(1-MDRn) * (1-MDRn+1) *.......*(1-MDRm)]^(1/months in period n,m)
Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
Average SDA Approximation over period between the nth month and mth month:
AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)*0.02,MAX(0.03,MIN(30,Avg WASn,m)*0.02-0.0095*(Avg WASn,m-60)))
Average WASn,m: (WASn + WASn+1 +.......+ WASm )/(number of months in the period n,m)
Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liqu idated 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 25 of 27				© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Realized Loss Detail Report for September 27, 20 04 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
Total Revisions Amount = 0.00
Total Realized Loss Amount = 0.00
Total Net Liquidation Proceeds = 0.00
Note: Total Realized Loss Amount may include adjustments to loans liquidated in prior periods.
Loan Number			Current	State &		Prior	Realized		Cumulative
&		Loan	Note	LTV at	Original	Principal	Loss/(Gain)	Realized	Realized
Loan Group		Status	Rate	Origination	Term	Balance	Revisions	Loss/(Gain)	Loss/(Gain)
SPACE INTENTIONALLY LEFT BLANK
					Page 26 of 27			< /TD>	© COPYRIGHT 2004 Deutsche Bank
	Long Beach Mortgage Loan Trust 2004-2
	Mortgage Pass-Through Certificates
	Triggers, Adj. Rate Cert. and Miscellaneous Report for September 27, 2004 Distribution
	Triggers, Adj. Rate Cert. and Miscellaneous Report
TR IGGER EVENTS						GROUP 2	GROUP 1	TOTAL
	Trigger Event in effect							No
	Stepdown Date has occurred							No
	Balances 60+ days							15,402,640.41
	Begining Balance							1,460,407,260.15
	Delinquency Percentage				&n bsp;			1.05%
	Balance of Mezzanine and C Class							263,5 70,531.77
	Beginning Balance							1,460,407,260.15
	Credit Enhancement Percentage							18.05%
ADJUSTABLE RATE CERTIFICATE INFORMATION						GROUP 2	GROUP 1	TOTAL
	NET WAC CARRYOVER AMOUNTS							0.00
	CLASS A-1							0.00
	CLASS A-2							0.00
	CLASS A-3						0.00
	CLASS A-4							0.00
	CLASS M-1							0.00
	CLASS M-2							0.00
	CLASS M-3							0.00
	CLASS M-4							0.00
	CLASS M-5							0.00
	CLASS M-6							0.00
	CLASS M-7							0.00
	CLASS B							0.00
	CLASS C							0.00
	CLASS P							0.00	< /TD>
											< /TD>
ADDITIONAL INFORMATION						GROUP 2	GROUP 1	TOTAL
	Libor Date Rate for Current Period							1.615000%
	Libor Date for Current Period							Aug-23-04
							< FONT SIZE="-1" FACE="Times New Roman">
	Libor Rate for Next Period							1.840000%
	Libor Date for Next Period							Sep-23-04
				Page 27 of 27				© COPYRIGHT 2004 Deutsche Bank