SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K /A

Current Report Pursuant To Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 26, 2002

AMERIQUEST MORTGAGE SECURITIES INC.

(as depositor, Ameriquest Mortgage Company, in its capacity as

Originator and Master Servicer, and Deutsche Bank National

Trust Company, as Trustee).

AMERIQUEST MORT SEC INC ASSET BCKD PS THR CERT SER 2002-AR1

(Exact name of Registrant as specified in its Charter)

DELAWARE

(State or Other Jurisdiction of Incorporation)

333-77012-03 33-0885129

(Commission File Number) (I.R.S. Employer Identification No.)

1100 TOWN & COUNTRY ROAD, SUITE 1100

ORANGE, CALIFORNIA 92868

(Address of principal executive offices) (Zip Code)

Registrant's Telephone Number, Including Area Code: (714) 564-0660

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

December 26, 2002.

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 August 1, 2002.

Date: Jan 23, 2003 By: /s/ Katie Wannenmacher

Katie Wannenmacher

Vice President

EXHIBIT INDEX

DOCUMENT

Monthly Remittance Statement to the Certificateholders

dated as of December 26, 2002.


	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates


	December 26, 2002 Distribution


	Contents



			TABLE OF CONTENTS

								Page

			1.	Contents				1
			2.	Certificate Payment Report				2
			3.	Collection Account Report				10
			4.	Credit Enhancement Report				13
			5.	Collateral Report				14
			6.	Delinquency Report				17
			7.	REO Report				20
			8.	Foreclosure Report				21
			9.	Prepayment Report				22
			10.	Prepayment Detail Report				25
			11.	Realized Loss Report				27
			12.	Realized Loss Detail Report				30
			13.	Triggers, Adj. Rate Cert. and Miscellaneous Report				31




				Total Number of Pages				31



			CONTACTS

				Administrator: Valerie M Delgado
				Direct Phone Number: (714)247-6273
				Address: Deutsche Bank
				1761 E. St. Andrew Place, Santa Ana, CA 92705

				Web Site: http://www.corporatetrust.db.com/invr
				Factor Information: (800) 735-7777
				Main Phone Number: (714) 247-6000



ISSUANCE INFORMATION

	Seller:		Ameriquest Mtg Sec Inc					Cut-Off Date: March 1, 2002
	Certificate Insurer(s):							Closing Date: March 18, 2002
								First Payment Date: April 25, 2002
	Servicer(s):		Ameriquest Mortgage Corp Master Servicer


								Distribution Date: December 26, 2002
	Underwriter(s):		Salomon Brothers Inc. Underwriter					Record Date: December 24, 2002
								November 29, 2002






						Page 1 of 31					© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates
	REMIC I
	Certificate Payment Report for December 26, 2002 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)

LTAA1		240,020,088.00			174,639,490.70	1,128,832.93	12,602,109.57	13,730,942.50	12,355.55	-	162,025,025.58
LTAA2		249,979,912.00			249,979,912.00	1,614,467.53	-	1,614,467.53	-	-	249,979,912.00
LTACE		9,999,900.00			10,000,000.00	64,637.90	-	64,637.90	-	-	10,000,000.00
LTAIO		-			-	239,918.60	-	239,918.60	-	-	-
LTAP		100.00			100.00	374,480.80	-	374,480.80	-	-	100.00
LTAR-1		-			-	-	-	-	-	-	-


Total		500,000,000.00			434,619,502.70	3,422,337.76	12,602,109.57	16,024,447.33	12,355.55	-	422,005,037.58


	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)

LTAA1				A-30/360		240,020,088.00	727.603644	4.703077	52.504395	57.207472	675.047772
LTAA2				A-30/360		249,979,912.00	1,000.000000	6.458389	-	6.458389	1,000.000000
LTACE				A-30/360		9,999,900.00	44,462.394894	6.463855	-	6.463855	1,000.010000
LTAIO				A-30/360		500,000,000.00	869.239005	0.479837	-	0.479837	844.010075
LTAP				A-30/360		100.00	1,000.000000	3,744,808.000000	-	3,744,808.000000	1,000.000000
LTAR-1				A-30/360		-	-	-	-	-	-


							Page 2 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates
	REMIC I
	Certificate Payment Report for December 26, 2002 Distribution


	Distribution in Dollars - to Date
											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)

LTAA1	240,020,088.00		12,471,830.75		-	77,975,772.69	77,975,772.69	90,447,603.44	19,121.39	-	162,025,025.58
LTAA2	249,979,912.00		14,029,673.07		-	-	-	14,029,673.07	-	-	249,979,912.00
LTACE	9,999,900.00		582,620.01		-	-	-	582,620.01	-	-	10,000,000.00
LTAIO	-		2,342,599.01		-	-	-	2,342,599.01	68.34	-	-
LTAP	100.00		1,836,120.99		-	-	-	1,836,120.99	-	-	100.00
LTAR-1	-		-		-	-	-	-	-	-	-


Total	500,000,000.00		31,262,843.83		-	77,975,772.69	77,975,772.69	109,238,616.52	19,189.73	-	422,005,037.58


	Interest Detail
	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			Accrued	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)

LTAA1	7.75655%	174,639,490.70			1,128,832.93	-	-	-	1,128,832.93	1,128,832.93	-
LTAA2	7.75007%	249,979,912.00			1,614,467.53	-	-	-	1,614,467.53	1,614,467.53	-
LTACE	7.75655%	444,619,502.70			64,637.90	-	-	-	64,637.90	64,637.90	-
LTAIO	0.66242%	434,619,502.70			239,918.60	-	-	-	239,918.60	239,918.60	-
LTAP	7.75655%	100.00			374,480.80	-	-	-	374,480.80	374,480.80	-
LTAR-1	7.75655%	-			-	-	-	-	-	-	-


Total		1,303,858,508.10			3,422,337.76	-	-	-	3,422,337.76	3,422,337.76	-


							Page 3 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates
	REMIC II
	Certificate Payment Report for December 26, 2002 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)

LT1A		449,999,900.00			384,619,402.70	2,406,618.82	12,602,109.57	15,008,728.39	12,355.55	-	372,004,937.58
LT1B		50,000,000.00			50,000,000.00	312,857.18	-	312,857.18	-	-	50,000,000.00
LT1X		-			-	88,462.38	-	88,462.38	-	-	-
LT1IO		-			-	239,918.60	-	239,918.60	-	-	-
LT1P		100.00			100.00	374,480.78	-	374,480.78	-	-	100.00
LT1R-2		-			-	-	-	-	-	-	-


Total		500,000,000.00			434,619,502.70	3,422,337.76	12,602,109.57	16,024,447.33	12,355.55	-	422,005,037.58


	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)

LT1A				A-30/360		449,999,900.00	854.709974	5.348043	28.004694	33.352737	826.677823
LT1B				A-30/360		50,000,000.00	1,000.000000	6.257144	-	6.257144	1,000.000000
LT1X				A-30/360		490,000,000.00	866.570210	0.180535	-	0.180535	840.826403
LT1IO				A-30/360		500,000,000.00	869.239005	0.479837	-	0.479837	844.010075
LT1P				A-30/360		100.00	1,000.000000	3,744,807.800000	-	3,744,807.800000	1,000.000000
LT1R-2				A-30/360		-	-	-	-	-	-


							Page 4 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates
	REMIC II
	Certificate Payment Report for December 26, 2002 Distribution


	Distribution in Dollars - to Date
											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)

LT1A	449,999,900.00		23,446,227.68		-	77,975,772.69	77,975,772.69	101,422,000.37	19,189.73	-	372,004,937.58
LT1B	50,000,000.00		2,767,870.86		-	-	-	2,767,870.86	-	-	50,000,000.00
LT1X	-		870,025.62		-	-	-	870,025.62	-	-	-
LT1IO	-		2,342,599.01		-	-	-	2,342,599.01	-	-	-
LT1P	100.00		1,836,120.70		-	-	-	1,836,120.70	-	-	100.00
LT1R-2	-		-		-	-	-	-	-	-	-


Total	500,000,000.00		31,262,843.87		-	77,975,772.69	77,975,772.69	109,238,616.56	19,189.73	-	422,005,037.58


	Interest Detail
	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			Accrued	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)

LT1A	7.50857%	384,619,402.70			2,406,618.82	-	-	-	2,406,618.82	2,406,618.82	-
LT1B	7.50857%	50,000,000.00			312,857.18	-	-	-	312,857.18	312,857.18	-
LT1X	0.25000%	424,619,402.70			88,462.38	-	-	-	88,462.38	88,462.38	-
LT1IO	0.66242%	434,619,502.70			239,918.60	-	-	-	239,918.60	239,918.60	-
LT1P	7.50857%	100.00			374,480.78	-	-	-	374,480.78	374,480.78	-
LT1R-2	8.80897%	-			-	-	-	-	-	-	-


Total		1,293,858,408.10			3,422,337.76	-	-	-	3,422,337.76	3,422,337.76	-


							Page 5 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates
	REMIC III
	Certificate Payment Report for December 26, 2002 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)

LT2A		489,999,900.00			425,927,012.64	2,440,503.18	12,349,943.83	14,790,447.01	12,231.99	-	413,564,836.82
LT2B		4,900,000.00			4,246,194.03	24,330.11	126,144.65	150,474.76	-	-	4,120,049.38
LT2S		-			-	229,166.67	-	229,166.67	-	-	-
LT2C		5,100,000.00			4,446,196.00	25,476.09	126,021.10	151,497.19	123.56	-	4,320,051.34
LT2IO		-			-	239,918.60	-	239,918.60	-	-	-
LT2X		-			-	88,462.38	-	88,462.38	-	-	-
LT2P		100.00			100.00	374,480.72	-	374,480.72	-	-	100.00
LT2R-3		-			-	-	-	-	-	-	-


Total		500,000,000.00			434,619,502.67	3,422,337.75	12,602,109.58	16,024,447.33	12,355.55	-	422,005,037.54


	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)

LT2A				A-30/360		489,999,900.00	869.238979	4.980620	25.203972	30.184592	844.010043
LT2B				A-30/360		4,900,000.00	866.570210	4.965329	25.743806	30.709135	840.826404
LT2S				A-30/360		50,000,000.00	1,000.000000	4.583333	-	4.583333	1,000.000000
LT2C				A-30/360		5,100,000.00	871.803137	4.995312	24.710019	29.705331	847.068890
LT2IO				A-30/360		500,000,000.00	869.239005	0.479837	-	0.479837	844.010075
LT2X				A-30/360		490,000,000.00	866.570210	0.180535	-	0.180535	840.826403
LT2P				A-30/360		100.00	1,000.000000	3,744,807.200000	-	3,744,807.200000	1,000.000000
LT2R-3				A-30/360		-	-	-	-	-	-


							Page 6 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates
	REMIC III
	Certificate Payment Report for December 26, 2002 Distribution


	Distribution in Dollars - to Date
											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)

LT2A	489,999,900.00		23,668,566.91		-	76,416,064.26	76,416,064.26	100,084,631.17	18,997.83	-	413,564,836.82
LT2B	4,900,000.00		236,416.25		-	779,950.63	779,950.63	1,016,366.88	-	-	4,120,049.38
LT2S	-		2,062,500.03		-	-	-	2,062,500.03	-	-	-
LT2C	5,100,000.00		246,615.83		-	779,757.73	779,757.73	1,026,373.56	191.90	-	4,320,051.34
LT2IO	-		2,342,599.01		-	-	-	2,342,599.01	-	-	-
LT2X	-		870,025.62		-	-	-	870,025.62	-	-	-
LT2P	100.00		1,836,120.24		-	-	-	1,836,120.24	-	-	100.00
LT2R-3	-		-		-	-	-	-	-	-	-


Total	500,000,000.00		31,262,843.89		-	77,975,772.62	77,975,772.62	109,238,616.51	19,189.73	-	422,005,037.54


	Interest Detail
	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			Accrued	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)

LT2A	6.87583%	425,927,012.64			2,440,503.18	-	-	-	2,440,503.18	2,440,503.18	-
LT2B	6.87583%	4,246,194.03			24,330.11	-	-	-	24,330.11	24,330.11	-
LT2S	5.50000%	50,000,000.00			229,166.67	-	-	-	229,166.67	229,166.67	-
LT2C	6.87583%	4,446,196.00			25,476.09	-	-	-	25,476.09	25,476.09	-
LT2IO	0.66242%	434,619,502.70			239,918.60	-	-	-	239,918.60	239,918.60	-
LT2X	0.25000%	424,619,402.70			88,462.38	-	-	-	88,462.38	88,462.38	-
LT2P	6.87583%	100.00			374,480.72	-	-	-	374,480.72	374,480.72	-
LT2R-3	6.87583%	-			-	-	-	-	-	-	-


Total		1,343,858,408.07			3,422,337.75	-	-	-	3,422,337.75	3,422,337.75	-


							Page 7 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates
	REMIC IV
	Certificate Payment Report for December 26, 2002 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		490,000,000.00			424,619,402.70	555,779.62	12,614,465.12	13,170,244.74	-	-	412,004,937.58
S		-			-	229,166.67	-	229,166.67	-	-	-
IO		-			-	88,462.38	-	88,462.38	-	-	-
CE		9,999,900.00			10,000,000.00	2,162,104.59	-	2,162,104.59	-	-	10,000,000.00
P		100.00			100.00	374,480.15	-	374,480.15	-	-	100.00
R-3		-			-	-	-	-	-	-	-


Total		500,000,000.00			434,619,502.70	3,409,993.41	12,614,465.12	16,024,458.53	-	-	422,005,037.58


	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				A-Act/360	31339NND4	490,000,000.00	866.570210	1.134244	25.743806	26.878050	840.826403
S				F-30/360	31339NNF9	50,000,000.00	1,000.000000	4.583333	-	4.583333	1,000.000000
IO				F-30/360	31339NNE2	490,000,000.00	866.570210	0.180535	-	0.180535	840.826403
CE				A-30/360		9,999,900.00	1,000.010000	216.212621	-	216.212621	1,000.010000
P				A-30/360		100.00	1,000.000000	3,744,801.500000	-	3,744,801.500000	1,000.000000
R-3				A-30/360		-	-	-	-	-	-


							Page 8 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates
	REMIC IV
	Certificate Payment Report for December 26, 2002 Distribution


	Distribution in Dollars - to Date
											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	490,000,000.00		7,073,256.16		74,785,605.02	3,209,457.40	77,995,062.42	85,068,318.58	-	-	412,004,937.58
S	-		2,062,500.03		-	-	-	2,062,500.03	-	-	-
IO	-		870,025.62		-	-	-	870,025.62	-	-	-
CE	9,999,900.00		19,401,668.32		-	-	-	19,401,668.32	-	100.00	10,000,000.00
P	100.00		1,836,115.14		-	-	-	1,836,115.14	-	-	100.00
R-3	-		-		-	-	-	-	-	-	-


Total	500,000,000.00		31,243,565.27		74,785,605.02	3,209,457.40	77,995,062.42	109,238,627.69	-	100.00	422,005,037.58


	Interest Detail
	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			Accrued	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	1.52000%	424,619,402.70			555,779.62	-	-	-	555,779.62	555,779.62	-
S	5.50000%	50,000,000.00			229,166.67	-	-	-	229,166.67	229,166.67	-
IO	0.25000%	424,619,402.70			88,462.38	-	-	-	88,462.38	88,462.38	-
CE	6.00373%	10,000,000.00			2,162,104.59	-	-	-	2,162,104.59	2,162,104.59	-
P		100.00			374,480.15	-	-	-	374,480.15	374,480.15	-
R-3		-			-	-	-	-	-	-	-


Total		909,238,905.40			3,409,993.41	-	-	-	3,409,993.41	3,409,993.41	-


							Page 9 of 31				© COPYRIGHT 2002 Deutsche Bank
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	Asset Backed Certificates

	Collection Account Report for December 26, 2002 Distribution


	Collection Account Report


SUMMARY						PREFUNDED	POOL	TOTAL

	Principal Collections					5,490,174.88	7,111,934.69	12,602,109.57
	Principal Other Accounts					0.00	0.00	0.00
	TOTAL NET PRINCIPAL					5,490,174.88	7,111,934.69	12,602,109.57

	Interest Collections					1,672,031.42	1,589,861.82	3,261,893.24
	Interest Withdrawals					0.00	0.00	0.00
	Interest Other Accounts					0.00	374,480.15	374,480.15
	Interest Fees					(36,786.78)	(177,248.85)	(214,035.63)
	TOTAL NET INTEREST					1,635,244.64	1,787,093.12	3,422,337.76

	TOTAL AVAILABLE FUNDS FOR DISTRIBUTION					7,125,419.52	8,899,027.81	16,024,447.33


PRINCIPAL - COLLECTIONS						PREFUNDED	POOL	TOTAL

	Scheduled Principal Received					142,636.58	136,238.06	278,874.64
	Prepayments In Full					5,156,336.89	6,968,113.88	12,124,450.77
	Curtailments					11,519.61	7,582.75	19,102.36
	Liquidations					192,037.35	0.00	192,037.35
	Insurance Principal					0.00	0.00	0.00
	Repurchased Principal Amounts					0.00	0.00	0.00
	Other Principal					0.00	0.00	0.00
	Total Realized Loss Of Principal					(12,355.55)	0.00	(12,355.55)
	Delinquent Principal					(82,732.43)	(81,162.91)	(163,895.34)
	Advanced Principal					82,732.43	81,162.91	163,895.34

	TOTAL PRINCIPAL COLLECTED					5,490,174.88	7,111,934.69	12,602,109.57


				Page 10 of 31				© COPYRIGHT 2002 Deutsche Bank
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	Asset Backed Certificates

	Collection Account Report for December 26, 2002 Distribution


	Collection Account Report


PRINCIPAL - WITHDRAWALS						PREFUNDED	POOL	TOTAL
SPACE INTENTIONALLY LEFT BLANK


PRINCIPAL - OTHER ACCOUNTS						PREFUNDED	POOL	TOTAL

	Unutilized Pre-Funding Amount					0.00	0.00	0.00

	TOTAL OTHER ACCOUNTS PRINCIPAL					0.00	0.00	0.00


INTEREST - COLLECTIONS						PREFUNDED	POOL	TOTAL

	Scheduled Interest					1,726,078.82	1,645,420.06	3,371,498.88
	Liquidation Interest					1,862.45	0.00	1,862.45
	Repurchased Interest					0.00	0.00	0.00
	Insurance Interest					0.00	0.00	0.00
	Other Interest					0.00	0.00	0.00
	Relief Act Interest Shortfalls					0.00	0.00	0.00
	Prepayment Interest Shortfalls					(2,620.43)	(4,053.76)	(6,674.19)
	Compensating Interest					2,620.43	4,053.76	6,674.19
	Delinquent Interest					(1,060,926.15)	(1,056,931.58)	(2,117,857.73)
	Interest Advanced					1,005,016.30	1,001,373.34	2,006,389.64

	TOTAL INTEREST COLLECTED					1,672,031.42	1,589,861.82	3,261,893.24


				Page 11 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Collection Account Report for December 26, 2002 Distribution


	Collection Account Report


INTEREST - WITHDRAWALS						PREFUNDED	POOL	TOTAL

	Extraordinary Trust Fund Expenses					0.00	0.00	0.00
	Nonrecoverable Advances					0.00	0.00	0.00


	TOTAL INTEREST WITHDRAWALS					0.00	0.00	0.00


INTEREST - OTHER ACCOUNTS						PREFUNDED	POOL	TOTAL

	Prepayment Charges					0.00	374,480.15	374,480.15
	Capitalized Interest Requirement					0.00	0.00	0.00


	Master Servicer Prepayment Charge Payment							0.00

	TOTAL INTEREST OTHER ACCOUNTS					0.00	374,480.15	374,480.15


INTEREST - FEES						PREFUNDED	POOL	TOTAL

	Current Servicing Fees					36,786.78	32,836.59	69,623.37



	Guarantee Fee Amount							142,601.35

	Trustee Fee							1,810.91


				Page 12 of 31				© COPYRIGHT 2002 Deutsche Bank
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	Asset Backed Certificates

	Credit Enhancement Report for December 26, 2002 Distribution


	Credit Enhancement Report


ACCOUNTS						PREFUNDED	POOL	TOTAL



	Reserve Account Balance							1,000.00


INSURANCE						PREFUNDED	POOL	TOTAL
SPACE INTENTIONALLY LEFT BLANK


STRUCTURAL FEATURES						PREFUNDED	POOL	TOTAL

	Overcollateralized Amount							10,000,000.00
	Overcollateralization Release Amount							0.00
	Overcollateralization Deficiency Amount							12,355.55
	Overcollateralization Target Amount							10,000,000.00
	Excess Overcollateralization Amount							0.00


				Page 13 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Collateral Report for December 26, 2002 Distribution


	Collateral Report


COLLATERAL						PREFUNDED	POOL	TOTAL
	Loan Count:
	*Original*					1003	1880	2883
	Prior					1,847	1,630	3,477
	Prefunding					-	-	-
	Scheduled Paid Offs					-	-	-
	Full Voluntary Prepayments					(40)	(44)	(84)
	Repurchases					-	-	-
	Liquidations					(2)	-	(2)
	Current					1,805	1,586	3,391

	*Principal Balance:*
	Original					124,952,741.41	250,020,088.44	374,972,829.85
	Prior					222,471,912.86	212,147,589.84	434,619,502.70
	Prefunding					-	-	-
	Scheduled Principal					(142,636.58)	(136,238.06)	(278,874.64)
	Partial and Full Voluntary Prepayments					(5,167,856.50)	(6,975,696.63)	(12,143,553.13)
	Repurchases					-	-	-
	Liquidations					(192,037.35)	-	(192,037.35)
	Current					216,969,382.43	205,035,655.15	422,005,037.58

PREFUNDING						PREFUNDED	POOL	TOTAL

	Pre-Funding Account Balance							0.00

	Interest Coverage Account Balance							0.00


	Pool
	Prefunded
Current Prin Balance by Groups (in millions of dollars)					Total Current Principal Balance (in millions of dollars)


				Page 14 of 31				© COPYRIGHT 2002 Deutsche Bank
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	Asset Backed Certificates

	Collateral Report for December 26, 2002 Distribution


	Collateral Report


CHARACTERISTICS						PREFUNDED	POOL	TOTAL

	Weighted Average Coupon Original					9.342888%	9.342223%	9.342445%
	Weighted Average Coupon Prior					9.314861%	9.307318%	9.311170%
	Weighted Average Coupon Current					9.320410%	9.307219%	9.313971%
	Weighted Average Months to Maturity Original					351	350	350
	Weighted Average Months to Maturity Prior					344	343	344
	Weighted Average Months to Maturity Current					343	342	343
	Weighted Avg Remaining Amortization Term Original					351	350	350
	Weighted Avg Remaining Amortization Term Prior					344	343	343
	Weighted Avg Remaining Amortization Term Current					343	341	342
	Weighted Average Seasoning Original					1.40	2.65	2.23
	Weighted Average Seasoning Prior					7.86	9.62	8.72
	Weighted Average Seasoning Current					8.86	10.61	9.71

Note: Original information refers to deal issue.


	Pool
	Prefunded
WAC by Groups					Total WAC


WARAT by Groups					Total WARAT


Note: Dates correspond to distribution dates.
				Page 15 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Collateral Report for December 26, 2002 Distribution


	Collateral Report


ARM CHARACTERISTICS						PREFUNDED	POOL	TOTAL

	Weighted Average Margin Original					5.945%	5.928%
	Weighted Average Margin Prior					5.944%	5.913%
	Weighted Average Margin Current					5.942%	5.905%
	Weighted Average Max Rate Original					9.343%	9.342%
	Weighted Average Max Rate Prior					12.115%	9.307%
	Weighted Average Max Rate Current					12.121%	9.307%
	Weighted Average Min Rate Original					9.343%	9.342%
	Weighted Average Min Rate Prior					9.124%	9.307%
	Weighted Average Min Rate Current					9.124%	9.307%
	Weighted Average Cap Up Original					0.917%	0.918%
	Weighted Average Cap Up Prior					0.451%	0.917%
	Weighted Average Cap Up Current					0.451%	0.915%
	Weighted Average Cap Down Original					0.917%	0.918%
	Weighted Average Cap Down Prior					0.451%	0.917%
	Weighted Average Cap Down Current					0.451%	0.915%

Note: Original information refers to deal issue.

SERVICING FEES / ADVANCES						PREFUNDED	POOL	TOTAL

	Current Servicing Fees					36,786.78	32,836.59	69,623.37
	Delinquent Servicing Fees					55,909.85	55,558.24	111,468.09
	TOTAL SERVICING FEES					92,696.63	88,394.83	181,091.46


	Compensating Interest					(2,620.43)	(4,053.76)	(6,674.19)
	Delinquent Servicing Fees					(55,909.85)	(55,558.24)	(111,468.09)
	COLLECTED SERVICING FEES					34,166.35	28,782.83	62,949.18
	Aggregate Advances with respect to this Distribution					1,087,748.73	1,082,536.25	2,170,284.98


ADDITIONAL COLLATERAL INFORMATION						PREFUNDED	POOL	TOTAL

	Net Prepayment Interest Shortfall					0.00	0.00	0.00


				Page 16 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Delinquency Report for December 26, 2002 Distribution


	Delinquency Report - Total


				CURRENT	1 PAYMENT	2 PAYMTS	3+ PAYMTS	TOTAL
DELINQUENT		Balance			7,200,744.52	4,413,920.26	3,455,199.38	15,069,864.16
		% Balance			1.71%	1.05%	0.82%	3.57%
		# Loans			59	41	27	127
		% # Loans			1.74%	1.21%	0.80%	3.75%
FORECLOSURE		Balance		81,584.48	-	51,524.29	10,551,510.83	10,684,619.60
		% Balance		0.02%	0.00%	0.01%	2.50%	2.53%
		# Loans		1	-	1	89	91
		% # Loans		0.03%	0.00%	0.03%	2.62%	2.68%
BANKRUPTCY		Balance		2,521,010.73	390,277.39	188,882.34	2,084,250.71	5,184,421.17
		% Balance		0.60%	0.09%	0.04%	0.49%	1.23%
		# Loans		19	3	2	18	42
		% # Loans		0.56%	0.09%	0.06%	0.53%	1.24%
REO		Balance		-	-	-	485,752.06	485,752.06
		% Balance		0.00%	0.00%	0.00%	0.12%	0.12%
		# Loans		-	-	-	4	4
		% # Loans		0.00%	0.00%	0.00%	0.12%	0.12%

TOTAL		Balance		2,602,595.21	7,591,021.91	4,654,326.89	16,576,712.98	31,424,656.99
		% Balance		0.62%	1.80%	1.10%	3.93%	7.45%
		# Loans		20	62	44	138	264
		% # Loans		0.59%	1.83%	1.30%	4.07%	7.79%
Note: Current = 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


Total Foreclosure					Total Bankruptcy and REO


Note: Dates correspond to distribution dates.
				Page 17 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Delinquency Report for December 26, 2002 Distribution


	Delinquency Report - Pool Group


				CURRENT	1 PAYMENT	2 PAYMTS	3+ PAYMTS	TOTAL
DELINQUENT		Balance			3,643,946.43	2,256,287.05	1,888,316.17	7,788,549.65
		% Balance			1.78%	1.10%	0.92%	3.80%
		# Loans			29	19	15	63
		% # Loans			1.83%	1.20%	0.95%	3.97%
FORECLOSURE		Balance		-	-	51,524.29	6,111,299.48	6,162,823.77
		% Balance		0.00%	0.00%	0.03%	2.98%	3.01%
		# Loans		-	-	1	48	49
		% # Loans		0.00%	0.00%	0.06%	3.03%	3.09%
BANKRUPTCY		Balance		1,191,861.87	311,638.89	-	1,591,644.03	3,095,144.79
		% Balance		0.58%	0.15%	0.00%	0.78%	1.51%
		# Loans		9	2	-	12	23
		% # Loans		0.57%	0.13%	0.00%	0.76%	1.45%
REO		Balance		-	-	-	382,312.20	382,312.20
		% Balance		0.00%	0.00%	0.00%	0.19%	0.19%
		# Loans		-	-	-	3	3
		% # Loans		0.00%	0.00%	0.00%	0.19%	0.19%

TOTAL		Balance		1,191,861.87	3,955,585.32	2,307,811.34	9,973,571.88	17,428,830.41
		% Balance		0.58%	1.93%	1.13%	4.86%	8.50%
		# Loans		9	31	20	78	138
		% # Loans		0.57%	1.95%	1.26%	4.92%	8.70%
Note: Current = 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


Total Foreclosure					Total Bankruptcy and REO


Note: Dates correspond to distribution dates.
				Page 18 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Delinquency Report for December 26, 2002 Distribution


	Delinquency Report - Prefunded Group


				CURRENT	1 PAYMENT	2 PAYMTS	3+ PAYMTS	TOTAL
DELINQUENT		Balance			3,556,798.09	2,157,633.21	1,566,883.21	7,281,314.51
		% Balance			1.64%	0.99%	0.72%	3.36%
		# Loans			30	22	12	64
		% # Loans			1.66%	1.22%	0.66%	3.55%
FORECLOSURE		Balance		81,584.48	-	-	4,440,211.35	4,521,795.83
		% Balance		0.04%	0.00%	0.00%	2.05%	2.08%
		# Loans		1	-	-	41	42
		% # Loans		0.06%	0.00%	0.00%	2.27%	2.33%
BANKRUPTCY		Balance		1,329,148.86	78,638.50	188,882.34	492,606.68	2,089,276.38
		% Balance		0.61%	0.04%	0.09%	0.23%	0.96%
		# Loans		10	1	2	6	19
		% # Loans		0.55%	0.06%	0.11%	0.33%	1.05%
REO		Balance		-	-	-	103,439.86	103,439.86
		% Balance		0.00%	0.00%	0.00%	0.05%	0.05%
		# Loans		-	-	-	1	1
		% # Loans		0.00%	0.00%	0.00%	0.06%	0.06%

TOTAL		Balance		1,410,733.34	3,635,436.59	2,346,515.55	6,603,141.10	13,995,826.58
		% Balance		0.65%	1.68%	1.08%	3.04%	6.45%
		# Loans		11	31	24	60	126
		% # Loans		0.61%	1.72%	1.33%	3.32%	6.98%
Note: Current = 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


Total Foreclosure					Total Bankruptcy and REO


Note: Dates correspond to distribution dates.
				Page 19 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	REO Report for December 26, 2002 Distribution


	REO Report - Mortgage Loans that Become REO During Current Distribution


SUMMARY				LOAN GROUP

Total Loan Count = 0				Loan Group 1 = Pool Group; REO Book Value = Not Available
Total Original Principal Balance = 000.00				Loan Group 2 = Prefunded Group; REO Book Value = Not Available
Total Current Balance = 000.00
REO Book Value = Not Available

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


				Page 20 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Foreclosure Report for December 26, 2002 Distribution


	Foreclosure Report - Mortgage Loans that Become Foreclosure During Current Distribution


SUMMARY				LOAN GROUP

Total Loan Count = 29				Loan Group 1 = Pool Group
Total Original Principal Balance = 3,462,101.00				Loan Group 2 = Prefunded Group
Total Current Balance = 3,445,363.31


Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date

33007444 1		125,750.00	124,846.98	Jul-01-02	8.755%	IA - 84.97%	360	Nov-30-01
33136409 1		208,000.00	207,049.90	Jul-01-02	10.500%	NY - 60.29%	360	Dec-31-01
33242827 1		176,400.00	175,715.74	May-01-02	10.800%	NY - 90.00%	360	Jan-04-02
33298100 1		62,250.00	60,720.13	Feb-01-02	12.000%	IA - 75.00%	180	Jan-23-02
33377359 1		181,900.00	180,821.64	Jul-01-02	9.250%	IL - 85.00%	360	Dec-26-01
33505421 1		130,500.00	129,844.95	Jun-01-02	9.575%	IL - 90.00%	360	Jan-31-02
33603655 1		180,000.00	179,203.43	Jun-01-02	10.650%	IL - 84.11%	360	Dec-31-01
33844671 1		171,000.00	170,343.70	Jun-01-02	10.850%	AZ - 90.00%	360	Jan-29-02
33879073 1		85,000.00	84,648.59	Jun-01-02	10.500%	MI - 85.00%	360	Jan-31-02
33987702 1		95,000.00	94,222.35	Jun-01-02	8.750%	MN - 75.40%	360	Jan-29-02
34065193 1		60,800.00	60,556.90	Jun-01-02	10.659%	OH - 80.00%	360	Jan-31-02
34185439 1		200,000.00	199,463.27	May-01-02	12.499%	MA - 80.00%	360	Jan-31-02
33707050 2		101,250.00	100,650.39	Jun-01-02	9.599%	RI - 75.00%	360	Dec-31-01
34082610 2		54,000.00	53,844.04	Jun-01-02	11.659%	OH - 75.00%	360	Feb-21-02
34143263 2		100,000.00	99,405.31	Jul-01-02	8.750%	CA - 80.00%	360	Feb-08-02
34149336 2		136,000.00	135,441.10	Apr-01-02	10.009%	IL - 80.00%	360	Feb-12-02
34192641 2		80,000.00	79,727.87	May-01-02	10.900%	PA - 80.00%	360	Feb-28-02
34279034 2		201,000.00	200,533.94	Jun-01-02	12.659%	NY - 67.00%	360	Feb-28-02
34534552 2		50,000.00	49,833.45	Jul-01-02	11.000%	WA - 27.03%	360	Feb-25-02
34598086 2		86,250.00	84,579.99	Jun-01-02	11.650%	MO - 75.00%	180	Feb-26-02
34689406 2		176,250.00	175,578.96	May-01-02	10.775%	NY - 75.00%	360	Feb-27-02
34742148 2		147,000.00	146,683.98	May-01-02	13.000%	MI - 68.06%	360	Feb-28-02
34765511 2		140,250.00	139,790.17	Jun-01-02	10.500%	WA - 85.00%	360	Mar-30-02
34784132 2		53,550.00	53,364.83	Jun-01-02	10.250%	OH - 85.00%	360	Mar-08-02
34854596 2		65,450.00	65,198.62	May-01-02	9.750%	MI - 85.00%	360	Mar-15-02
34861179 2		71,200.00	71,091.68	Apr-01-02	13.990%	OH - 80.00%	360	Mar-29-02
34864330 2		100,001.00	99,706.35	Jul-01-02	10.999%	MN - 66.67%	360	Mar-22-02
35064591 2		74,800.00	74,608.48	Jul-01-02	11.650%	SC - 85.00%	360	Mar-31-02
35219120 2		148,500.00	147,886.57	Jul-01-02	9.400%	IL - 95.00%	360	Mar-28-02


				Page 21 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Prepayment Report for December 26, 2002 Distribution


	Prepayment Report - Voluntary Prepayments


VOLUNTARY PREPAYMENTS						PREFUNDED	POOL	TOTAL

	*Current*
	Number of Paid in Full Loans					40	44	84
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					40	44	84

	Paid in Full Balance					5,156,336.89	6,968,113.88	12,124,450.77
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					11,519.61	7,582.75	19,102.36
	Total Prepayment Amount					5,167,856.50	6,975,696.63	12,143,553.13

	*Cumulative*
	Number of Paid in Full Loans					184	264	448
	Number of Repurchased Loans					41	29	70
	Total Number of Loans Prepaid in Full					225	293	518

	Paid in Full Balance					25,656,096.59	39,284,495.69	64,940,592.28
	Repurchased Loans Balance					5,114,849.32	4,115,621.43	9,230,470.75
	Curtailments Amount					158,078.17	101,602.25	259,680.42
	Total Prepayment Amount					30,929,024.08	43,501,719.37	74,430,743.45

SPACE INTENTIONALLY LEFT BLANK


Total Prepayments by Groups (in thousands of dollars)					Total Prepayments (in thousands of dollars)


				Page 22 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Prepayment Report for December 26, 2002 Distribution


	Prepayment Report - Voluntary Prepayments


VOLUNTARY PREPAYMENT RATES						PREFUNDED	POOL	TOTAL

	SMM					2.32%	3.29%	2.80%
	3 Months Avg SMM					2.36%	3.46%	2.90%
	12 Months Avg SMM
	Avg SMM Since Cut-off					1.51%	2.11%	1.80%

	CPR					24.59%	33.07%	28.84%
	3 Months Avg CPR					24.91%	34.49%	29.77%
	12 Months Avg CPR
	Avg CPR Since Cut-off					16.65%	22.59%	19.58%

	PSA					1387.71%	1557.63%	1484.88%
	3 Months Avg PSA Approximation					1584.33%	1792.56%	1706.93%
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation					1690.05%	1702.47%	1689.53%



	Pool
	Prefunded


CPR by Groups					Total CPR


PSA by Groups					Total PSA


				Page 23 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Prepayment Report for December 26, 2002 Distribution


	Prepayment Report - Voluntary Prepayments

	Pool
	Prefunded

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/(0.02*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 24 of 31				© COPYRIGHT 2002 Deutsche Bank


	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Prepayment Detail Report for December 26, 2002 Distribution


	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution


SUMMARY						LOAN GROUP

Total Loan Count = 84						Loan Group 1 = Pool Group
Total Original Principal Balance = 12,199,636.00						Loan Group 2 = Prefunded Group
Total Prepayment Amount = 12,124,450.77


Loan Number			Original			Current	State &	Type Prepayment
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Original Term	Date

31776172 1			184,000.00	177,264.28	Nov-14-02	6.990%	CA - 61.33%	Paid Off - 360	Aug-31-01
32230286 1			175,500.00	174,030.93	Nov-19-02	7.990%	MN - 90.00%	Paid Off - 360	Oct-22-01
32496945 1			238,500.00	236,871.37	Nov-15-02	9.550%	CA - 85.18%	Paid Off - 360	Oct-30-01
32517260 1			140,000.00	139,067.58	Dec-01-02	9.125%	CA - 70.00%	Paid Off - 360	Oct-31-01
32698573 1			185,650.00	185,228.31	Nov-13-02	13.250%	TX - 84.39%	Paid Off - 360	Dec-31-01
32789216 1			199,750.00	198,537.00	Nov-20-02	9.150%	CA - 85.00%	Paid Off - 360	Nov-30-01
32816266 1			68,000.00	67,654.18	Nov-26-02	9.990%	IA - 76.40%	Paid Off - 360	Nov-30-01
33093261 1			260,000.00	258,163.02	Dec-05-02	8.750%	CA - 72.22%	Paid Off - 360	Nov-30-01
33170622 1			208,800.00	202,031.16	Nov-15-02	6.990%	PA - 90.00%	Paid Off - 180	Dec-28-01
33299660 1			127,500.00	126,678.64	Dec-04-02	8.600%	CA - 85.00%	Paid Off - 360	Dec-26-01
33339474 1			136,000.00	135,391.46	Nov-26-02	10.125%	MI - 80.00%	Paid Off - 360	Dec-27-01
33356338 1			252,000.00	250,342.36	Dec-01-02	8.250%	CA - 90.00%	Paid Off - 360	Dec-21-01
33359498 1			217,500.00	215,730.45	Dec-01-02	8.500%	HI - 75.00%	Paid Off - 360	Jan-31-02
33368986 1			250,750.00	249,840.59	Oct-31-02	11.150%	IL - 85.00%	Paid Off - 360	Dec-27-01
33405440 1			57,000.00	56,625.00	Nov-26-02	8.250%	MI - 68.68%	Paid Off - 360	Dec-31-01
33526864 1			69,700.00	69,449.86	Nov-27-02	10.650%	LA - 85.00%	Paid Off - 360	Jan-16-02
33546847 1			138,000.00	137,027.45	Nov-19-02	8.250%	MN - 86.25%	Paid Off - 360	Dec-31-01
33556168 1			192,000.00	190,914.88	Nov-29-02	8.999%	NY - 78.37%	Paid Off - 360	Dec-31-01
33569047 1			84,000.00	83,835.17	Dec-03-02	13.990%	IN - 75.00%	Paid Off - 360	Dec-24-01
33580366 1			141,050.00	140,604.04	Nov-21-02	11.750%	MA - 65.00%	Paid Off - 360	Dec-31-01
33586439 1			294,295.00	292,822.50	Oct-31-02	9.590%	NY - 90.00%	Paid Off - 360	Dec-31-01
33615220 1			167,000.00	166,056.19	Dec-06-02	8.999%	NY - 81.46%	Paid Off - 360	Dec-20-01
33693763 1			122,400.00	122,085.43	Dec-01-02	12.659%	IN - 85.00%	Paid Off - 360	Jan-30-02
33699109 1			240,000.00	238,891.76	Nov-21-02	9.450%	CA - 80.00%	Paid Off - 360	Jan-10-02
33711383 1			148,750.00	147,872.47	Nov-29-02	8.250%	OH - 85.00%	Paid Off - 360	Jan-30-02
33716077 1			99,200.00	98,868.95	Dec-01-02	11.500%	MI - 80.00%	Paid Off - 360	Dec-27-01
33727421 1			55,000.00	54,435.25	Nov-19-02	6.999%	FL - 71.43%	Paid Off - 360	Jan-22-02
33741117 1			199,500.00	198,489.23	Nov-08-02	9.000%	CA - 70.00%	Paid Off - 360	Jan-23-02
33762444 1			160,140.00	158,988.14	Dec-01-02	11.990%	CO - 85.00%	Paid Off - 360	Jan-18-02
33773151 1			90,950.00	90,686.78	Dec-03-02	11.650%	CA - 85.00%	Paid Off - 360	Jan-18-02
33785643 1			100,001.00	99,711.59	Dec-01-02	11.650%	MA - 58.82%	Paid Off - 360	Jan-31-02
33799099 1			190,800.00	190,111.75	Dec-05-02	10.625%	NJ - 90.00%	Paid Off - 360	Jan-24-02
33822057 1			84,700.00	84,411.84	Dec-01-02	10.900%	MA - 67.76%	Paid Off - 360	Jan-31-02
33824640 1			217,750.00	217,024.89	Dec-01-02	10.999%	CA - 65.00%	Paid Off - 360	Jan-28-02
33910936 1			134,600.00	133,481.32	Nov-25-02	6.990%	CA - 76.91%	Paid Off - 360	Jan-31-02
33944414 1			130,000.00	129,533.52	Dec-03-02	10.650%	IL - 70.27%	Paid Off - 360	Jan-24-02
33956251 1			122,000.00	121,562.21	Nov-19-02	10.650%	MA - 76.25%	Paid Off - 360	Jan-29-02
34050443 1			144,000.00	143,431.58	Nov-25-02	10.200%	NY - 80.00%	Paid Off - 360	Jan-23-02
34091355 1			220,000.00	219,140.69	Nov-14-02	10.250%	CA - 80.00%	Paid Off - 360	Jan-30-02
34091470 1			156,000.00	155,662.29	Dec-09-02	12.999%	CA - 80.00%	Paid Off - 360	Jan-31-02
34109868 1			112,000.00	111,262.59	Dec-04-02	7.700%	WA - 80.00%	Paid Off - 360	Jan-30-02
34211847 1			153,000.00	152,369.86	Dec-01-02	10.000%	MN - 85.00%	Paid Off - 360	Jan-31-02
34215038 1			131,750.00	131,264.47	Dec-06-02	10.525%	MA - 85.00%	Paid Off - 360	Jan-28-02
34282566 1			216,000.00	214,660.85	Nov-27-02	10.500%	CA - 84.71%	Paid Off - 360	Jan-31-02

					Page 25 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Prepayment Detail Report for December 26, 2002 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

32852568 2			200,700.00	199,697.57	Dec-01-02	9.599%	IL - 90.00%	Paid Off - 360	Dec-31-01
32974578 2			65,000.00	63,798.29	Nov-14-02	10.650%	IL - 61.91%	Paid Off - 240	Nov-30-01
33032715 2			106,000.00	105,013.94	Nov-12-02	6.990%	MA - 89.83%	Paid Off - 360	Nov-30-01
33143009 2			126,900.00	124,131.60	Nov-19-02	6.990%	IA - 90.00%	Paid Off - 240	Nov-30-01
33377086 2			220,500.00	219,510.53	Dec-01-02	8.999%	NJ - 90.00%	Paid Off - 360	Feb-28-02
33796152 2			65,000.00	64,641.94	Dec-04-02	8.590%	MO - 76.47%	Paid Off - 360	Jan-18-02
33808106 2			81,500.00	81,304.24	Dec-01-02	12.500%	NY - 56.99%	Paid Off - 360	Jan-31-02
33945858 2			124,000.00	123,515.66	Dec-02-02	10.250%	NY - 80.00%	Paid Off - 360	Jan-16-02
34006197 2			200,000.00	199,102.71	Dec-01-02	9.000%	NJ - 75.47%	Paid Off - 360	Feb-26-02
34027508 2			178,000.00	177,188.85	Dec-06-02	8.250%	CA - 81.84%	Paid Off - 360	Mar-20-02
34090050 2			99,750.00	99,392.81	Oct-31-02	10.660%	MN - 75.00%	Paid Off - 360	Jan-31-02
34125526 2			133,000.00	132,403.14	Dec-01-02	8.999%	MA - 40.30%	Paid Off - 360	Feb-15-02
34158006 2			106,400.00	105,871.33	Dec-09-02	8.500%	MI - 80.00%	Paid Off - 360	Feb-27-02
34160218 2			146,000.00	145,409.28	Nov-29-02	9.500%	OH - 74.87%	Paid Off - 360	Feb-21-02
34177998 2			135,000.00	134,614.90	Dec-01-02	11.150%	CA - 90.00%	Paid Off - 360	Feb-11-02
34180315 2			60,300.00	60,038.78	Nov-14-02	9.259%	PA - 90.00%	Paid Off - 360	Feb-12-02
34189787 2			75,000.00	74,735.16	Nov-30-02	10.150%	CA - 61.48%	Paid Off - 360	Feb-19-02
34201343 2			111,000.00	110,770.81	Nov-15-02	11.999%	CA - 75.00%	Paid Off - 360	Mar-08-02
34227181 2			174,250.00	173,539.39	Dec-01-02	9.799%	CA - 85.00%	Paid Off - 360	Feb-12-02
34233189 2			63,750.00	63,425.93	Dec-06-02	8.900%	OH - 75.00%	Paid Off - 360	Feb-13-02
34254821 2			300,000.00	298,654.11	Dec-01-02	9.000%	NY - 65.22%	Paid Off - 360	Feb-19-02
34281535 2			67,500.00	67,157.76	Nov-25-02	8.600%	AZ - 90.00%	Paid Off - 360	Feb-20-02
34287623 2			150,000.00	149,453.25	Dec-04-02	9.999%	CA - 77.32%	Paid Off - 360	Feb-15-02
34296715 2			105,500.00	104,939.78	Dec-02-02	8.250%	RI - 60.29%	Paid Off - 360	Feb-12-02
34304873 2			168,000.00	167,320.28	Nov-21-02	9.500%	CA - 53.33%	Paid Off - 360	Feb-14-02
34350900 2			143,500.00	142,750.07	Nov-13-02	8.250%	IN - 71.75%	Paid Off - 360	Feb-15-02
34417154 2			123,250.00	122,876.98	Nov-15-02	10.875%	NJ - 85.00%	Paid Off - 360	Feb-28-02
34525162 2			55,300.00	55,156.82	Nov-19-02	11.599%	FL - 70.00%	Paid Off - 360	Feb-26-02
34528687 2			142,200.00	141,733.96	Dec-05-02	10.750%	IL - 90.00%	Paid Off - 360	Mar-25-02
34557363 2			78,200.00	73,893.39	Nov-27-02	7.200%	AZ - 85.00%	Paid Off - 240	Feb-21-02
34686691 2			225,000.00	224,286.90	Nov-18-02	11.000%	WA - 75.00%	Paid Off - 360	Mar-30-02
34831529 2			117,000.00	116,380.60	Nov-27-02	7.500%	MN - 75.48%	Paid Off - 360	Mar-19-02
34920793 2			294,600.00	294,188.44	Nov-30-02	13.750%	CT - 79.62%	Paid Off - 360	Mar-31-02
35015676 2			90,000.00	89,717.17	Dec-01-02	10.050%	NY - 25.14%	Paid Off - 360	Mar-27-02
35018662 2			106,300.00	105,878.52	Dec-01-02	8.970%	IA - 88.58%	Paid Off - 360	Mar-26-02
35076025 2			93,000.00	92,654.58	Nov-15-02	9.250%	MO - 84.55%	Paid Off - 360	Mar-20-02
35081603 2			119,000.00	118,601.72	Nov-25-02	9.750%	IA - 84.40%	Paid Off - 360	Mar-21-02
35102201 2			103,700.00	103,336.24	Nov-21-02	9.525%	IA - 85.00%	Paid Off - 360	Mar-28-02
35193796 2			172,000.00	171,393.05	Dec-01-02	9.500%	FL - 80.00%	Paid Off - 360	Mar-30-02
35275734 2			58,000.00	57,856.41	Dec-01-02	11.255%	AL - 69.05%	Paid Off - 360	Mar-29-02


					Page 26 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Realized Loss Report for December 26, 2002 Distribution


	Realized Loss Report - Collateral


COLLATERAL REALIZED LOSSES						PREFUNDED	POOL	TOTAL

	*Current*
	Number of Loans Liquidated					2	-	2
	Collateral Realized Loss/(Gain) Amount					12,355.55	-	12,355.55
	Net Liquidation Proceeds					179,681.80	-	179,681.80

	*Cumulative*
	Number of Loans Liquidated					2	1	3
	Collateral Realized Loss/(Gain) Amount					12,355.55	6,834.18	19,189.73
	Net Liquidation Proceeds					179,681.80	155,990.04	335,671.84

	Note: Collateral realized losses may include adjustments to loans liquidated in prior periods.

SPACE INTENTIONALLY LEFT BLANK


	Pool						3 Months Moving Average
	Prefunded

Collateral Loss Severity Approximation by Groups					Collateral Loss Severity Approximation


				Page 27 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Realized Loss Report for December 26, 2002 Distribution


	Realized Loss Report - Collateral


DEFAULT SPEEDS						PREFUNDED	POOL	TOTAL

	MDR					0.09%	0.00%	0.04%
	3 Months Avg MDR					0.03%	0.00%	0.01%
	12 Months Avg MDR
	Avg MDR Since Cut-off					0.01%	0.01%	0.01%

	CDR					1.03%	0.00%	0.53%
	3 Months Avg CDR					0.34%	0.00%	0.18%
	12 Months Avg CDR
	Avg CDR Since Cut-off					0.12%	0.09%	0.10%

	SDA					5.82%	0.00%	2.72%
	3 Months Avg SDA Approximation					2.19%	0.00%	1.01%
	12 Months Avg SDA Approximation
	Avg SDA Since Cut-off Approximation					1.17%	0.70%	0.91%

	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

	Pool
	Prefunded
CDR by Groups					Total CDR


SDA by Groups					Total SDA


				Page 28 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Realized Loss Report for December 26, 2002 Distribution


	Realized Loss Report - Collateral

	Pool
	Prefunded

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 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 29 of 31				© COPYRIGHT 2002 Deutsche Bank


	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Realized Loss Detail Report for December 26, 2002 Distribution


	Realized Loss Detail Report - Loans Liquidated During Current Distribution


SUMMARY						LOAN GROUP

Total Loan Count = 2						Loan Group 1 = Pool Group
Total Original Principal Balance = 192,550.00						Loan Group 2 = Prefunded Group
Total Prior Principal Balance = 192,037.35
Total Realized Loss Amount = 12,355.55
Total Net Liquidation Proceeds = 179,681.80


Loan Number			Original	Prior		Current	State &
&		Loan	Principal	Principal	Realized	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Balance	Loss/(Gain)	Rate	Origination	Term	Date

33976382 2		FLC	118,950.00	118,705.62	885.16	12.650%	CA - 65.00%	360	Feb-15-02
34393520 2		FLC	73,600.00	73,331.73	11,470.39	10.000%	IN - 80.00%	360	Feb-15-02


					Page 30 of 31				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-A
	Asset Backed Certificates

	Triggers, Adj. Rate Cert. and Miscellaneous Report for December 26, 2002 Distribution


	Triggers, Adj. Rate Cert. and Miscellaneous Report


TRIGGER EVENTS						PREFUNDED	POOL	TOTAL


	Stepdown Date has occurred							No



	Three Month Rolling Delinquency Percentage							8.44%


ADJUSTABLE RATE CERTIFICATE INFORMATION						PREFUNDED	POOL	TOTAL


	Class A Next Rate							1.56%


ADDITIONAL INFORMATION						PREFUNDED	POOL	TOTAL

	Net WAC Rate Carryover Amt: Class A							0.00


	Net WAC Rate Carryover Amt: Class A unpaid							0.00


	Libor for Current Period							1.38%



				Page 31 of 31				© COPYRIGHT 2002 Deutsche Bank

AMERIQUEST MORT SEC INC ASSET BCKD PS THR CERT SER 2002-AR1 8-K/A