CITIGROUP MORTGAGE LOAN TRUST INC.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 2004-NCM1

STATEMENTS TO CERTIFICATEHOLDERS

Distribution Date:

27-Dec-04

	Beginning		Class Accrued	Realized Loss	PPIS/Relief Act	Current		Ending
	Certificate	Principal	Interest	of Principal	Interest Shortfall	Interest	Total	Certificate
Class	Balance	Distribution	Distributed	Allocated(1)	Amount	Shortfall (2)	Distribution	Balance
I-A1	$75,615,027.05	$1,659,087.69	$346,568.87	$0.00	$0.00	$0.00	$2,005,656.56	$73,955,939.36
I-A2	$54,378,191.23	$1,730,923.43	$294,548.54	$0.00	$0.00	$0.00	$2,025,471.97	$52,647,267.80
I-A3	$9,072,460.07	$421,165.13	$51,032.59	$0.00	$0.00	$0.00	$472,197.72	$8,651,294.94
II-A1	$120,952,132.09	$1,850,303.99	$554,363.94	$0.00	$0.00	$0.00	$2,404,667.93	$119,101,828.10
II-A2	$56,873,079.85	$3,593,016.26	$284,365.40	$0.00	$0.00	$0.00	$3,877,381.66	$53,280,063.59
II-A3	$28,729,856.98	$2,678,715.12	$161,605.45	$0.00	$0.00	$0.00	$2,840,320.57	$26,051,141.86
III-A1	$41,024,688.93	$849,659.09	$170,936.20	$0.00	$0.00	$0.00	$1,020,595.29	$40,175,029.84
III-A2	$13,001,246.27	$262,086.85	$62,297.64	$0.00	$0.00	$0.00	$324,384.49	$12,739,159.42
IV-A1	$8,550,471.16	$532,976.65	$48,096.40	$0.00	$0.00	$0.00	$581,073.05	$8,017,494.51
*XS-1	$131,018.18	$0.00	$736.98	$0.00	$0.00	$0.00	$736.98	$112,708.52
*XS-2	$510,876.28	$0.00	$2,873.68	$0.00	$0.00	$0.00	$2,873.68	$457,309.54
*XS-3	$114,987.01	$0.00	$550.98	$0.00	$0.00	$0.00	$550.98	$114,561.48
*XS-4	$140,938.53	$0.00	$792.78	$0.00	$0.00	$0.00	$792.78	$140,846.95
PO-1	$803,779.90	$989.31	$0.00	$0.00	$0.00	$0.00	$989.31	$802,790.59
PO-2	$3,284,198.79	$35,345.74	$0.00	$0.00	$0.00	$0.00	$35,345.74	$3,248,853.05
PO-3	$1,808,797.40	$29,626.55	$0.00	$0.00	$0.00	$0.00	$29,626.55	$1,779,170.85
PO-4	$958,906.97	$55,287.26	$0.00	$0.00	$0.00	$0.00	$55,287.26	$903,619.71
B-1	$8,862,618.49	$12,555.69	$43,121.85	$0.00	$0.00	$0.00	$55,677.54	$8,850,062.80
B-2	$5,030,027.48	$7,126.05	$24,474.04	$0.00	$0.00	$0.00	$31,600.09	$5,022,901.43
B-3	$3,113,731.97	$4,411.23	$15,150.14	$0.00	$0.00	$0.00	$19,561.37	$3,109,320.74
B-4	$1,676,013.89	$2,374.41	$8,154.79	$0.00	$0.00	$0.00	$10,529.20	$1,673,639.48
B-5	$1,437,718.07	$2,036.82	$6,995.34	$0.00	$0.00	$0.00	$9,032.16	$1,435,681.25
B-6	$2,874,302.64	$4,072.03	$13,985.17	$0.00	$0.00	$0.00	$18,057.20	$2,870,230.61
R	$0.00	$0.00	$0.03	$0.00	$0.00	$0.00	$0.03	$0.00

Totals

$438,047,249.23

$13,731,759.29

$2,090,650.81

$0.00

$15,822,410.10

$424,315,489.93

*Represents a notional balance
(1) Includes Extraordinary Trust Fund Expenses of
(2) Negatives represent repayment of prior shortfalls; Includes Extraordinary Trust Fund Expenses of

AMOUNTS PER $1,000 UNIT
		Original				Realized Loss		Current Period
		Certificate	Beginning	Principal	Interest	of Principal	Remaining	Pass-Through
Class	Cusip	Face Value	Balance	Distribution	Distribution	Allocated	Balance	Rate
I-A1	17307GFP8	$79,594,000.00	950.00913448	20.84438135	4.35420848	0.00000000	929.16475312	5.50000%
I-A2	17307GFQ6	$62,176,000.00	874.58490784	27.83909278	4.73733498	0.00000000	846.74581511	6.50000%
I-A3	17307GFR4	$11,105,000.00	816.97074021	37.92572061	4.59546060	0.00000000	779.04501936	6.75000%
II-A1	17307GFS2	$126,231,000.00	958.18089130	14.65807919	4.39166243	0.00000000	943.52281215	5.50000%
II-A2	17307GFT0	$63,671,000.00	893.23365190	56.43096944	4.46616827	0.00000000	836.80268238	6.00000%
II-A3	17307GFU7	$38,164,000.00	752.79994183	70.18957975	4.23449979	0.00000000	682.61036212	6.75000%
III-A1	17307GFV5	$43,432,000.00	944.57287092	19.56297409	3.93572021	0.00000000	925.00989685	5.00000%
III-A2	17307GFW3	$14,138,000.00	919.59586009	18.53775961	4.40639694	0.00000000	901.05810016	5.75000%
IV-A1	17307GFX1	$13,656,000.00	626.13292033	39.02875277	3.52199766	0.00000000	587.10416740	6.75000%
*XS-1	17307GFY9	$159,179.31	823.08548768	0.00000000	4.62987307	0.00000000	708.06011158	6.75000%
*XS-2	17307GFZ6	$571,138.32	894.48783615	0.00000000	5.03149570	0.00000000	800.69840175	6.75000%
*XS-3	17307GGA0	$125,705.22	914.73536262	0.00000000	4.38311154	0.00000000	911.35022078	5.75000%
*XS-4	17307GGB8	$240,856.82	585.15482352	0.00000000	3.29149907	0.00000000	584.77459762	6.75000%
PO-1	17307GGC6	$820,853.09	979.20067524	1.20522175	0.00000000	0.00000000	977.99545349	0.00000%
PO-2	17307GGD4	$3,338,891.59	983.61947415	10.58606997	0.00000000	0.00000000	973.03340418	0.00000%
PO-3	17307GGE2	$1,880,290.67	961.97754361	15.75636707	0.00000000	0.00000000	946.22117654	0.00000%
PO-4	17307GGF9	$1,098,536.87	872.89466215	50.32808776	0.00000000	0.00000000	822.56657439	0.00000%
B-1	17307GGG7	$8,926,000.00	992.89922586	1.40664239	4.83103854	0.00000000	991.49258346	5.83871%
B-2	17307GGH5	$5,066,000.00	992.89922621	1.40664232	4.83103829	0.00000000	991.49258389	5.83871%
B-3	17307GGJ1	$3,136,000.00	992.89922513	1.40664222	4.83103954	0.00000000	991.49258291	5.83871%
B-4	17307GGK8	$1,688,000.00	992.89922393	1.40664100	4.83103673	0.00000000	991.49258294	5.83871%
B-5	17307GGL6	$1,448,000.00	992.89921961	1.40664365	4.83103591	0.00000000	991.49257597	5.83871%
B-6	17307GGM4	$2,894,858.36	992.89923117	1.40664222	4.83103774	0.00000000	991.49258895	5.83871%
R		$100.00	0.00000000	0.00000000	0.25159116	0.00000000	0.00000000	5.50000%

	Please contact the Bondholder Relations Department of U.S. Bank National Association at
	(800) 934-6802 with any questions regarding this statement or your distribution.
	U.S. BANK NATIONAL ASSOCIATION

Page 1

CITIGROUP MORTGAGE LOAN TRUST INC.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 2004-NCM1

STATEMENTS TO CERTIFICATEHOLDERS

Distribution Date:

27-Dec-04

				Pooling and Servicing Agreement Dated June 1, 2004
				(Pursuant to Section 4.02)

	Group I	Group II	Group III	Group IV	Total
Beginning Aggregate Scheduled Loan Principal Balance	147,580,335.37	221,444,758.06	58,773,504.83	10,248,651.08	438,047,249.34

Scheduled Loan Principal	149,910.71	238,084.82	232,111.87	11,654.25	631,761.65
Repurchase Principal	0.00	0.00	0.00	0.00	0.00
Curtailment and Paid in Full	3,670,059.70	7,931,654.91	920,856.89	577,426.16	13,099,997.66
Liquidation Proceeds	0.00	0.00	0.00	0.00	0.00
Insurance Proceeds	0.00	0.00	0.00	0.00	0.00
Realized Loss	0.00	0.00	0.00	0.00	0.00

Ending Aggregate Scheduled Loan Principal Balance	143,760,364.96	213,275,018.33	57,620,536.07	9,659,570.67	424,315,490.03
Ending Actual Principal Balance	143,880,407.35	213,460,542.49	57,796,424.92	9,671,243.35	424,808,618.11

Ending Count of Loans	1,156	1,142	451	22	2,771
Ending Remaining Term	352	351	172	339	327
Beginning Weighted Average Coupon	6.2094%	6.0398%	5.2919%	6.5920%	6.0095%
Ending Weighted Average Coupon	6.2044%	6.0247%	5.2907%	6.6053%	5.9991%
Beginning Weighted Average Stripped Interest Rate	0.0060%	0.0156%	0.0113%	0.0928%	0.0136%

Fraud Losses	0.00	0.00	0.00	0.00	0.00
Bankruptcy Losses	0.00	0.00	0.00	0.00	0.00
Special Hazard Losses	0.00	0.00	0.00	0.00	0.00

Extraordinary Trust Fund Expenses	0.00	0.00	0.00	0.00	0.00
Servicing Fee	30,746.01	46,134.23	12,244.63	2,135.13	91,260.00
Trustee Fee	614.92	922.69	244.89	42.70	1,825.20
LPMI Fee	888.54	7,784.16	231.27	1,073.92	9,977.89

Mortgage Loans Outstanding and Delinquency Information

	30-59 days delinquent*		60-89 days delinquent*		90+ days delinquent*
	Count	UPB	Count	UPB	Count	UPB
Group I	4	$735,309.52	0	$0.00	3	$143,309.96
Group II	3	$860,239.09	1	$145,696.57	3	$476,969.11
Group III	0	$0.00	0	$0.00	0	$0.00
Group IV	2	$761,096.40	0	$0.00	0	$0.00
Total	9	$2,356,645.01	1	$145,696.57	6	$620,279.07
* Delinquency Information listed includes all loans

	In Bankruptcy Proceedings		In Foreclosure Proceedings			REO
	Count	UPB	Count	UPB	Count	UPB	Sched Balance	Book Value
Group I	0	$0.00	0	$0.00	0	$0.00	$0.00	$0.00
Group II	2	$436,129.24	0	$0.00	0	$0.00	$0.00	$0.00
Group III	1	$68,713.58	0	$0.00	0	$0.00	$0.00	$0.00
Group IV	0	$0.00	0	$0.00	0	$0.00	$0.00	$0.00
Total	3	$504,842.82	0	$0.00	0	$0.00	$0.00	$0.00

Net Prepayment Interest Shortfalls							0.00
Prepayment Interest Excess							0.00
Relief Act Interest Shortfalls							0.00

Aggregate P&I Advances							70,830.90

Bankruptcy Amount							100,000.00
Fraud Loss Amount							9,649,290.61
Special Hazard Amount							3,136,020.00

UPB of Liquidated Mortgage Loans							0.00
Count of Liquidated Mortgage Loans							0

Page 2

CITIGROUP MORTGAGE LOAN TRUST INC.
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 2004-NCM1

STATEMENTS TO CERTIFICATEHOLDERS

Distribution Date:

27-Dec-04


				Pooling and Servicing Agreement Dated June 1, 2004
				(Pursuant to Section 4.02)

			REO Report
	Loans that became an REO Property in the preceding calendar month

Loan Number

UPB

			Foreclosure Report
	Loans as to which foreclosure proceedings have been concluded

Loan Number

UPB

Page 3

Citigroup Mortgage Loan Trust Inc. Mortgage Pass-Through Certificates, Series 2004-NCM1 8-K