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 as

Originator and Master Servicer, and

Deutsche Bank National Trust Company, as Trustee).

AMERIQUEST MORTGAGE SECURITIES INC AS BK PS THR CTRS SE 02-4

(Exact name of Registrant as specified in its Charter)

DELAWARE

(State or Other Jurisdiction of Incorporation)

333-77012-06 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 November 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. 2002-4
	Asset Backed Certificates


	December 26, 2002 Distribution


	Contents



			TABLE OF CONTENTS

								Page

			1.	Contents				1
			2.	Certificate Payment Report				2
			3.	Collection Account Report				8
			4.	Credit Enhancement Report				11
			5.	Collateral Report				12
			6.	Delinquency Report				15
			7.	REO Report				19
			8.	Foreclosure Report				20
			9.	Prepayment Report				21
			10.	Prepayment Detail Report				24
			11.	Realized Loss Report				25
			12.	Realized Loss Detail Report				28
			13.	Triggers, Adj. Rate Cert. and Miscellaneous Report				29




				Total Number of Pages				29



			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: November 1, 2002
	Certificate Insurer(s):							Closing Date: November 13, 2002
								First Payment Date: December 26, 2002
	Servicer(s):		Ameriquest Mortgage Corp Master Servicer


								Distribution Date: December 26, 2002
	Underwriter(s):		Morgan Stanley & Co. Inc Underwriter					Record Date: December 24, 2002
								November 29, 2002






						Page 1 of 29					© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	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)

Remic 1		1,300,000,000.00			1,300,000,000.00	7,100,409.39	9,308,768.35	16,409,177.74	-	-	1,290,691,231.65


Total		1,300,000,000.00			1,300,000,000.00	7,100,409.39	9,308,768.35	16,409,177.74	-	-	1,290,691,231.65


	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)

Remic 1	11/13/02	12/25/02		A-Act/360		1,300,000,000.00	1,000.000000	5.461853	7.160591	12.622444	992.839409


							Page 2 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	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)

Remic 1	1,300,000,000.00		7,100,409.39		-	9,308,768.35	9,308,768.35	16,409,177.74	-	-	1,290,691,231.65


Total	1,300,000,000.00		7,100,409.39		-	9,308,768.35	9,308,768.35	16,409,177.74	-	-	1,290,691,231.65


	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)

Remic 1	7.64046%	1,300,000,000.00			7,100,409.39	-	-	-	7,100,409.39	7,100,409.39	-


Total		1,300,000,000.00			7,100,409.39	-	-	-	7,100,409.39	7,100,409.39	-


							Page 3 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	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)

Remic 2		1,300,000,000.00			1,300,000,000.00	7,100,408.39	9,308,769.35	16,409,177.74	-	1.00	1,290,691,231.65


Total		1,300,000,000.00			1,300,000,000.00	7,100,408.39	9,308,769.35	16,409,177.74	-	1.00	1,290,691,231.65


	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)

Remic 2	11/13/02	12/25/02		A-30/360		1,300,000,000.00	1,000.000000	5.461853	7.160592	12.622444	992.839409


							Page 4 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	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)

Remic 2	1,300,000,000.00		7,100,408.39		-	9,308,769.35	9,308,769.35	16,409,177.74	-	1.00	1,290,691,231.65


Total	1,300,000,000.00		7,100,408.39		-	9,308,769.35	9,308,769.35	16,409,177.74	-	1.00	1,290,691,231.65


	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)

Remic 2	7.64046%	1,300,000,000.00			7,100,408.39	-	-	-	7,100,408.39	7,100,409.39	-


Total		1,300,000,000.00			7,100,408.39	-	-	-	7,100,408.39	7,100,409.39	-


							Page 5 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	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)

AF-1		271,573,000.00			271,573,000.00	950,505.50	823,660.49	1,774,165.99	-	-	270,749,339.51
AV-1		597,875,000.00			597,875,000.00	1,292,572.53	3,183,112.34	4,475,684.87	-	-	594,691,887.66
AV-2		217,352,000.00			217,352,000.00	472,499.10	5,302,095.52	5,774,594.62	-	-	212,049,904.48
M-1		74,750,000.00			74,750,000.00	212,497.64	-	212,497.64	-	-	74,750,000.00
M-2		65,000,000.00			65,000,000.00	270,183.33	-	270,183.33	-	-	65,000,000.00
M-3		48,750,000.00			48,750,000.00	284,158.33	-	284,158.33	-	-	48,750,000.00
M-4		14,950,000.00			14,950,000.00	91,606.13	-	91,606.13	-	-	14,950,000.00
S-1		-			-	90,000.00	-	90,000.00	-	-	-
S-2		-			-	230,000.00	-	230,000.00	-	-	-
CE		9,749,900.00			9,749,900.00	3,306,875.21	-	3,306,875.21	-	100.00	9,750,000.00
P		100.00			100.00	107,835.86	-	107,835.86	-	-	100.00


Total		1,300,000,000.00			1,300,000,000.00	7,308,733.63	9,308,868.35	16,617,601.98	-	100.00	1,290,691,231.65


	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)

AF-1	11/13/02	12/25/02		F-Act/360	03072SDN2	271,573,000.00	1,000.000000	3.500000	3.032925	6.532925	996.967075
AV-1	11/13/02	12/25/02		A-Act/360	03072SDP7	597,875,000.00	1,000.000000	2.161944	5.324043	7.485988	994.675957
AV-2	11/13/02	12/25/02		A-Act/360	03072SDM4	217,352,000.00	1,000.000000	2.173889	24.394050	26.567939	975.605950
M-1	11/13/02	12/25/02		A-Act/360	03072SDH5	74,750,000.00	1,000.000000	2.842778	-	2.842778	1,000.000000
M-2	11/13/02	12/25/02		A-Act/360	03072SDJ1	65,000,000.00	1,000.000000	4.156667	-	4.156667	1,000.000000
M-3	11/13/02	12/25/02		A-Act/360	03072SDK8	48,750,000.00	1,000.000000	5.828889	-	5.828889	1,000.000000
M-4	11/13/02	12/25/02		A-Act/360	03072SDL6	14,950,000.00	1,000.000000	6.127500	-	6.127500	1,000.000000
S-1	11/13/02	12/25/02		A-30/360	03072SDQ5	18,000,000.00	1,000.000000	5.000000	-	5.000000	1,000.000000
S-2	11/13/02	12/25/02		A-30/360	03072SDR3	46,000,000.00	1,000.000000	5.000000	-	5.000000	1,000.000000
CE	11/13/02	12/25/02		A-30/360		9,749,900.00	1,000.000000	339.170167	-	339.170167	1,000.010257
P	11/13/02	12/25/02		A-30/360		100.00	1,000.000000	1,078,358.600000	-	1,078,358.600000	1,000.000000


							Page 6 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	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)

AF-1	271,573,000.00		950,505.50		758,824.54	64,835.95	823,660.49	1,774,165.99	-	-	270,749,339.51
AV-1	597,875,000.00		1,292,572.53		2,932,547.81	250,564.53	3,183,112.34	4,475,684.87	-	-	594,691,887.66
AV-2	217,352,000.00		472,499.10		4,884,731.34	417,364.18	5,302,095.52	5,774,594.62	-	-	212,049,904.48
M-1	74,750,000.00		212,497.64		-	-	-	212,497.64	-	-	74,750,000.00
M-2	65,000,000.00		270,183.33		-	-	-	270,183.33	-	-	65,000,000.00
M-3	48,750,000.00		284,158.33		-	-	-	284,158.33	-	-	48,750,000.00
M-4	14,950,000.00		91,606.13		-	-	-	91,606.13	-	-	14,950,000.00
S-1	-		90,000.00		-	-	-	90,000.00	-	-	-
S-2	-		230,000.00		-	-	-	230,000.00	-	-	-
CE	9,749,900.00		3,306,875.21		-	-	-	3,306,875.21	-	100.00	9,750,000.00
P	100.00		107,835.86		-	-	-	107,835.86	-	-	100.00


Total	1,300,000,000.00		7,308,733.63		8,576,103.69	732,764.66	9,308,868.35	16,617,601.98	-	100.00	1,290,691,231.65


	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)

AF-1	4.20000%	271,573,000.00			950,505.50	-	-	-	950,505.50	950,505.50	-
AV-1	1.81000%	597,875,000.00			1,292,572.53	-	-	-	1,292,572.53	1,292,572.53	-
AV-2	1.82000%	217,352,000.00			472,499.10	-	-	-	472,499.10	472,499.10	-
M-1	2.38000%	74,750,000.00			212,497.64	-	-	-	212,497.64	212,497.64	-
M-2	3.48000%	65,000,000.00			270,183.33	-	-	-	270,183.33	270,183.33	-
M-3	4.88000%	48,750,000.00			284,158.33	-	-	-	284,158.33	284,158.33	-
M-4	5.13000%	14,950,000.00			91,606.13	-	-	-	91,606.13	91,606.13	-
S-1	6.00000%	18,000,000.00			90,000.00	-	-	-	90,000.00	90,000.00	-
S-2	6.00000%	46,000,000.00			230,000.00	-	-	-	230,000.00	230,000.00	-
CE	3.05300%	9,749,900.00			3,306,875.21	-	-	-	3,306,875.21	3,306,975.21	-
P		100.00			107,835.86	-	-	-	107,835.86	107,835.86	-


Total		1,364,000,000.00			7,308,733.63	-	-	-	7,308,733.63	7,308,833.63	-


							Page 7 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Collection Account Report for December 26, 2002 Distribution


	Collection Account Report


SUMMARY					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Principal Collections				5,302,038.56	3,183,078.15	823,651.64	9,308,768.35
	Principal Other Accounts				0.00	0.00	0.00	0.00
	TOTAL NET PRINCIPAL				5,302,038.56	3,183,078.15	823,651.64	9,308,768.35

	Interest Collections				1,345,982.71	3,879,751.94	1,630,600.29	6,856,334.94
	Interest Withdrawals				0.00	0.00	0.00	0.00
	Interest Other Accounts				153,682.18	410,318.27	270,862.90	942,699.21
	Interest Fees				(111,970.45)	(241,701.90)	(136,528.16)	(490,200.52)
	TOTAL NET INTEREST				1,387,694.44	4,048,368.31	1,764,935.03	7,308,833.63

	TOTAL AVAILABLE FUNDS FOR DISTRIBUTION				6,689,733.00	7,231,446.46	2,588,586.67	16,617,601.98


PRINCIPAL - COLLECTIONS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Scheduled Principal Received				135,565.19	354,692.70	242,506.77	732,764.66
	Prepayments In Full				5,140,837.64	2,786,341.06	541,520.50	8,468,699.20
	Curtailments				25,635.73	42,044.39	39,624.37	107,304.49
	Liquidations				0.00	0.00	0.00	0.00
	Insurance Principal				0.00	0.00	0.00	0.00
	Repurchased Principal Amounts				0.00	0.00	0.00	0.00
	Other Principal				0.00	0.00	0.00	0.00
	Total Realized Loss Of Principal				0.00	0.00	0.00	0.00
	Delinquent Principal				(7,665.35)	(148,674.05)	(58,672.08)	(215,011.48)
	Advanced Principal				7,665.35	148,674.05	58,672.08	215,011.48

	TOTAL PRINCIPAL COLLECTED				5,302,038.56	3,183,078.15	823,651.64	9,308,768.35


				Page 8 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Collection Account Report for December 26, 2002 Distribution


	Collection Account Report


PRINCIPAL - WITHDRAWALS					GROUP 3	GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK


PRINCIPAL - OTHER ACCOUNTS					GROUP 3	GROUP 2	GROUP 1	TOTAL



	TOTAL OTHER ACCOUNTS PRINCIPAL				0.00	0.00	0.00	0.00


INTEREST - COLLECTIONS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Scheduled Interest				1,351,032.27	3,981,122.57	1,659,078.88	6,991,233.72
	Liquidation Interest				0.00	0.00	0.00	0.00
	Repurchased Interest				0.00	0.00	0.00	0.00
	Insurance Interest				0.00	0.00	0.00	0.00
	Other Interest				0.00	0.00	0.00	0.00
	Relief Act Interest Shortfalls				0.00	0.00	0.00	0.00
	Prepayment Interest Shortfalls				(9,906.67)	(2,719.36)	(2,002.80)	(14,628.83)
	Compensating Interest				9,906.67	2,719.36	2,002.80	14,628.83
	Delinquent Interest				(87,119.91)	(1,800,698.27)	(460,059.39)	(2,347,877.57)
	Interest Advanced				82,070.35	1,699,327.64	431,580.80	2,212,978.79

	TOTAL INTEREST COLLECTED				1,345,982.71	3,879,751.94	1,630,600.29	6,856,334.94


				Page 9 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Collection Account Report for December 26, 2002 Distribution


	Collection Account Report


INTEREST - WITHDRAWALS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Trust Fund Expenses							0.00
	Nonrecoverable Advances							0.00
	Reimbursements to Master Servicer							0.00

	TOTAL INTEREST WITHDRAWALS							0.00


INTEREST - OTHER ACCOUNTS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Prepayment Charges							107,835.86
	Master Servicer Prepayment Charges				0.00	0.00	0.00	0.00

	Capitalized Interest Deposit				153,682.18	410,318.27	270,862.90	834,863.35

	TOTAL INTEREST OTHER ACCOUNTS				153,682.18	410,318.27	270,862.90	942,699.21


INTEREST - FEES					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Current Servicing Fees				78,282.32	127,852.26	75,641.69	281,776.27

	Trustee Fee				266.66	346.65	433.13	1,046.45
	PMI Fees				33,421.47	113,502.99	60,453.34	207,377.80


	TOTAL INTEREST OTHER FEES				111,970.45	241,701.90	136,528.16	490,200.52


				Page 10 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Credit Enhancement Report for December 26, 2002 Distribution


	Credit Enhancement Report


ACCOUNTS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Net WAC Rate Carryover Reserve Account							1,000.00

	Interest Coverage Account Beginning Balance				158,986.81	464,822.55	438,006.03	1,061,815.39
	Interest Coverage Account Withdrawals				(153,682.18)	(410,318.27)	(270,862.90)	(834,863.35)
	Interest Coverage Account Deposits				39,968.06	114,420.17	51,851.54	206,239.77
	Interest Coverage Account Ending Balance				45,272.69	168,924.45	218,994.67	433,191.81

	Prefunding Account Beginning Balance				59,993,502.66	165,026,593.63	74,959,776.32	299,979,872.61
	Prefunding Account Withdrawals				0.00	0.00	0.00	0.00
	Prefunding Account Ending Balance				59,993,502.66	165,026,593.63	74,959,776.32	299,979,872.61


INSURANCE					GROUP 3	GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK


STRUCTURAL FEATURES					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Overcollateralized Amount							9,750,000.00
	Overcollateralization Reduction Amount							0.00
	Overcollateralization Deficiency Amount							100.00
	Overcollateralization Target Amount							9,750,000.00
	Excess Overcollateralization Amount							0.00
	Overcollateralization Increase Amount							100.00


				Page 11 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Collateral Report for December 26, 2002 Distribution


	Collateral Report


COLLATERAL					GROUP 3	GROUP 2	GROUP 1	TOTAL
	Loan Count:
	*Original*				579	3869	1810	6258
	Prior				-	-	-	-
	Prefunding				-	-	-	-
	Scheduled Paid Offs				-	-	-	-
	Full Voluntary Prepayments				(12)	(15)	(3)	(30)
	Repurchases				-	-	-	-
	Liquidations				-	-	-	-
	Current				567	3,854	1,807	6,228

	*Principal Balance:*
	Original				199,996,504.34	550,134,941.37	249,888,681.68	1,000,020,127.39
	Prior				-	-	-	-
	Prefunding				-	-	-	-
	Scheduled Principal				(135,565.19)	(354,692.70)	(242,506.77)	(732,764.66)
	Partial and Full Voluntary Prepayments				(5,166,473.37)	(2,828,385.45)	(581,144.87)	(8,576,003.69)
	Repurchases				-	-	-	-
	Liquidations				-	-	-	-
	Current				194,694,465.78	546,951,863.22	249,065,030.04	990,711,359.04

PREFUNDING					GROUP 3	GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK


	Group 1		Group 3
	Group 2
Current Prin Balance by Groups (in millions of dollars)					Total Current Principal Balance (in millions of dollars)


				Page 12 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Collateral Report for December 26, 2002 Distribution


	Collateral Report


CHARACTERISTICS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Weighted Average Coupon Original				8.106335%	8.683955%	7.967126%	8.389312%
	Weighted Average Coupon Prior
	Weighted Average Coupon Current				8.106335%	8.683955%	7.967126%	8.389312%
	Weighted Average Months to Maturity Original				356	354	332	349
	Weighted Average Months to Maturity Prior				-	-	-	-
	Weighted Average Months to Maturity Current				356	354	332	349
	Weighted Avg Remaining Amortization Term Original				357	353	331	349
	Weighted Avg Remaining Amortization Term Prior				-	-	-	-
	Weighted Avg Remaining Amortization Term Current				357	353	331	349
	Weighted Average Seasoning Original				2.34	2.68	2.41	2.55
	Weighted Average Seasoning Prior				-	-	-	-
	Weighted Average Seasoning Current				2.34	2.68	2.41	2.55

Note: Original information refers to deal issue.


	Group 1		Group 3
	Group 2
WAC by Groups					Total WAC


WARAT by Groups					Total WARAT


Note: Dates correspond to distribution dates.
				Page 13 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Collateral Report for December 26, 2002 Distribution


	Collateral Report


ARM CHARACTERISTICS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Weighted Average Margin Original				5.984%	6.390%
	Weighted Average Margin Prior
	Weighted Average Margin Current				5.984%	6.390%
	Weighted Average Max Rate Original				13.264%	14.684%	0.018%
	Weighted Average Max Rate Prior
	Weighted Average Max Rate Current				13.264%	14.684%	0.018%
	Weighted Average Min Rate Original				7.650%	8.684%	0.018%
	Weighted Average Min Rate Prior
	Weighted Average Min Rate Current				7.650%	8.684%	0.018%
	Weighted Average Cap Up Original				0.936%	1.000%
	Weighted Average Cap Up Prior
	Weighted Average Cap Up Current				0.936%	1.000%
	Weighted Average Cap Down Original				0.936%	1.000%
	Weighted Average Cap Down Prior
	Weighted Average Cap Down Current				0.936%	1.000%

Note: Original information refers to deal issue.

SERVICING FEES / ADVANCES					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Current Servicing Fees				78,282.32	127,852.26	75,641.69	281,776.27
	Delinquent Servicing Fees				5,049.55	101,370.63	28,478.59	134,898.77
	TOTAL SERVICING FEES				83,331.87	229,222.89	104,120.28	416,675.04


	Compensating Interest				(9,906.67)	(2,719.36)	(2,002.80)	(14,628.83)
	Delinquent Servicing Fees				(5,049.55)	(101,370.63)	(28,478.59)	(134,898.77)
	COLLECTED SERVICING FEES				68,375.65	125,132.90	73,638.89	267,147.44
	Aggregate Advances with respect to this Distribution				89,735.70	1,848,001.69	490,252.88	2,427,990.27
	Current Nonrecoverable Advances				0.00	0.00	0.00	0.00
	Cumulative Nonrecoverable Advances				0.00	0.00	0.00	0.00


ADDITIONAL COLLATERAL INFORMATION					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Net Prepayment Interest Shortfall				0.00	0.00	0.00	0.00

	Aggregate Relief Act Shortfalls							0.00


				Page 14 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Delinquency Report for December 26, 2002 Distribution


	Delinquency Report - Total


				CURRENT	1 PAYMENT	2 PAYMTS	3+ PAYMTS	TOTAL
DELINQUENT		Balance			208,226.26	-	-	208,226.26
		% Balance			0.02%	0.00%	0.00%	0.02%
		# Loans			2	-	-	2
		% # Loans			0.03%	0.00%	0.00%	0.03%
FORECLOSURE		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
BANKRUPTCY		Balance		473,339.16	-	-	-	473,339.16
		% Balance		0.05%	0.00%	0.00%	0.00%	0.05%
		# Loans		3	-	-	-	3
		% # Loans		0.05%	0.00%	0.00%	0.00%	0.05%
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		473,339.16	208,226.26	-	-	681,565.42
		% Balance		0.05%	0.02%	0.00%	0.00%	0.07%
		# Loans		3	2	-	-	5
		% # Loans		0.05%	0.03%	0.00%	0.00%	0.08%
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 15 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Delinquency Report for December 26, 2002 Distribution


	Delinquency Report - Group 1 Group


				CURRENT	1 PAYMENT	2 PAYMTS	3+ PAYMTS	TOTAL
DELINQUENT		Balance			111,718.63	-	-	111,718.63
		% Balance			0.04%	0.00%	0.00%	0.04%
		# Loans			1	-	-	1
		% # Loans			0.06%	0.00%	0.00%	0.06%
FORECLOSURE		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
BANKRUPTCY		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%

TOTAL		Balance		-	111,718.63	-	-	111,718.63
		% Balance		0.00%	0.04%	0.00%	0.00%	0.04%
		# Loans		-	1	-	-	1
		% # Loans		0.00%	0.06%	0.00%	0.00%	0.06%
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 16 of 29				© COPYRIGHT 2002 Deutsche Bank
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	Asset Backed Certificates

	Delinquency Report for December 26, 2002 Distribution


	Delinquency Report - Group 2 Group


				CURRENT	1 PAYMENT	2 PAYMTS	3+ PAYMTS	TOTAL
DELINQUENT		Balance			96,507.63	-	-	96,507.63
		% Balance			0.02%	0.00%	0.00%	0.02%
		# Loans			1	-	-	1
		% # Loans			0.03%	0.00%	0.00%	0.03%
FORECLOSURE		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
BANKRUPTCY		Balance		473,339.16	-	-	-	473,339.16
		% Balance		0.09%	0.00%	0.00%	0.00%	0.09%
		# Loans		3	-	-	-	3
		% # Loans		0.08%	0.00%	0.00%	0.00%	0.08%
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		473,339.16	96,507.63	-	-	569,846.79
		% Balance		0.09%	0.02%	0.00%	0.00%	0.10%
		# Loans		3	1	-	-	4
		% # Loans		0.08%	0.03%	0.00%	0.00%	0.10%
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 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Delinquency Report for December 26, 2002 Distribution


	Delinquency Report - Group 3 Group


				CURRENT	1 PAYMENT	2 PAYMTS	3+ PAYMTS	TOTAL
DELINQUENT		Balance			-	-	-	-
		% Balance			0.00%	0.00%	0.00%	0.00%
		# Loans			-	-	-	-
		% # Loans			0.00%	0.00%	0.00%	0.00%
FORECLOSURE		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
BANKRUPTCY		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%

TOTAL		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
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 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	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 = Group 1 Group; REO Book Value = 000.00
Total Original Principal Balance = 000.00				Loan Group 2 = Group 2 Group; REO Book Value = 000.00
Total Current Balance = 000.00				Loan Group 3 = Group 3 Group; REO Book Value = 000.00
REO Book Value = 000.00

REO Book Value reported corresponds to total REO loans, including loans that become REO during current distribution.

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


				Page 19 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	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 = 0				Loan Group 1 = Group 1 Group
Total Original Principal Balance = 000.00				Loan Group 2 = Group 2 Group
Total Current Balance = 000.00				Loan Group 3 = Group 3 Group


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 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Prepayment Report for December 26, 2002 Distribution


	Prepayment Report - Voluntary Prepayments


VOLUNTARY PREPAYMENTS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	*Current*
	Number of Paid in Full Loans				12	15	3	30
	Number of Repurchased Loans				-	-	-	-
	Total Number of Loans Prepaid in Full				12	15	3	30

	Paid in Full Balance				5,140,837.64	2,786,341.06	541,520.50	8,468,699.20
	Repurchased Loans Balance				-	-	-	-
	Curtailments Amount				25,635.73	42,044.39	39,624.37	107,304.49
	Total Prepayment Amount				5,166,473.37	2,828,385.45	581,144.87	8,576,003.69

	*Cumulative*
	Number of Paid in Full Loans				12	15	3	30
	Number of Repurchased Loans				-	-	-	-
	Total Number of Loans Prepaid in Full				12	15	3	30

	Paid in Full Balance				5,140,837.64	2,786,341.06	541,520.50	8,468,699.20
	Repurchased Loans Balance				-	-	-	-
	Curtailments Amount				25,635.73	42,044.39	39,624.37	107,304.49
	Total Prepayment Amount				5,166,473.37	2,828,385.45	581,144.87	8,576,003.69

SPACE INTENTIONALLY LEFT BLANK


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


				Page 21 of 29				© COPYRIGHT 2002 Deutsche Bank
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	Asset Backed Certificates

	Prepayment Report for December 26, 2002 Distribution


	Prepayment Report - Voluntary Prepayments


VOLUNTARY PREPAYMENT RATES					GROUP 3	GROUP 2	GROUP 1	TOTAL

	SMM				2.59%	0.51%	0.23%	0.86%
	3 Months Avg SMM
	12 Months Avg SMM
	Avg SMM Since Cut-off				2.59%	0.51%	0.23%	0.86%

	CPR				26.97%	6.00%	2.76%	9.83%
	3 Months Avg CPR
	12 Months Avg CPR
	Avg CPR Since Cut-off				26.97%	6.00%	2.76%	9.83%

	PSA				5750.32%	1118.93%	571.85%	1928.42%
	3 Months Avg PSA Approximation
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation				5750.32%	1118.93%	571.85%	1928.42%



	Group 1		Group 3
	Group 2


CPR by Groups					Total CPR


PSA by Groups					Total PSA


				Page 22 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Prepayment Report for December 26, 2002 Distribution


	Prepayment Report - Voluntary Prepayments

	Group 1		Group 3
	Group 2

CPR Avg since Cut-Off by Groups					Total CPR Avg since Cut-Off


PSA Avg since Cut-Off by Groups					Total PSA Avg since Cut-Off


PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases)/(Beg Principal Balance - Sched Principal)
Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)
PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))
Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn) * (1-SMMn+1) .......(1-SMMm)]^(1/months in period n,m)
Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)
Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*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 23 of 29				© COPYRIGHT 2002 Deutsche Bank


	Ameriquest Mortgage Securities Inc. 2002-4
	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 = 30						Loan Group 1 = Group 1 Group
Total Original Principal Balance = 8,479,879.00						Loan Group 2 = Group 2 Group
Total Prepayment Amount = 8,468,699.20						Loan Group 3 = Group 3 Group


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

38477295 1			166,500.00	166,242.27	Nov-14-02	8.250%	TX - 9000.00%	Paid Off - 360	Sep-24-02
38520722 1			250,000.00	249,871.37	Nov-14-02	12.500%	CA - 6250.00%	Paid Off - 360	Aug-30-02
38776605 1			125,500.00	125,406.86	Nov-26-02	7.500%	MA - 5229.20%	Paid Off - 360	Sep-17-02
36105328 2			155,200.00	154,968.86	Dec-09-02	11.909%	CO - 8000.00%	Paid Off - 360	May-28-02
36996718 2			196,000.00	195,881.25	Nov-20-02	8.500%	NJ - 6030.80%	Paid Off - 360	Sep-19-02
37158870 2			147,500.00	147,243.53	Nov-29-02	8.750%	CT - 7375.00%	Paid Off - 360	Jul-31-02
37541968 2			162,000.00	160,627.01	Dec-04-02	8.500%	MA - 7200.00%	Paid Off - 180	Jul-30-02
37696234 2			282,750.00	282,619.48	Nov-27-02	9.800%	NY - 6500.00%	Paid Off - 360	Sep-10-02
37726205 2			225,000.00	224,752.30	Dec-10-02	9.750%	CA - 6000.00%	Paid Off - 360	Aug-27-02
37842911 2			183,000.00	182,879.85	Nov-29-02	11.400%	IL - 8714.30%	Paid Off - 360	Aug-29-02
38091641 2			289,500.00	289,090.02	Nov-30-02	7.750%	MA - 7461.30%	Paid Off - 360	Aug-31-02
38122842 2			180,000.00	179,802.56	Nov-19-02	8.999%	MA - 7826.10%	Paid Off - 360	Aug-30-02
38186292 2			80,550.00	80,502.20	Dec-03-02	8.600%	MI - 9000.00%	Paid Off - 360	Sep-05-02
38265393 2			153,000.00	152,890.14	Nov-19-02	10.990%	CO - 8500.00%	Paid Off - 360	Aug-27-02
38331187 2			209,930.00	209,611.12	Dec-01-02	7.400%	NY - 7000.00%	Paid Off - 360	Aug-30-02
38332524 2			206,400.00	206,284.28	Nov-22-02	8.875%	MA - 8000.00%	Paid Off - 360	Sep-05-02
38353165 2			149,500.00	149,323.74	Nov-14-02	8.650%	MA - 6500.00%	Paid Off - 360	Aug-28-02
38531281 2			170,000.00	169,864.72	Nov-27-02	7.150%	MA - 7391.30%	Paid Off - 360	Sep-16-02
36637031 3			397,000.00	395,868.29	Nov-13-02	7.750%	CA - 6476.30%	Paid Off - 360	Jun-18-02
37010592 3			348,800.00	348,225.37	Dec-06-02	6.990%	CA - 8000.00%	Paid Off - 360	Aug-12-02
37190675 3			486,000.00	485,197.44	Nov-27-02	8.999%	CA - 6992.80%	Paid Off - 360	Jul-22-02
37343464 3			500,000.00	499,174.30	Nov-13-02	8.999%	CA - 7518.80%	Paid Off - 360	Jul-30-02
37455748 3			499,999.00	499,677.89	Nov-15-02	11.500%	CA - 7407.40%	Paid Off - 360	Aug-15-02
37470184 3			500,000.00	499,294.45	Nov-18-02	9.750%	WA - 8000.00%	Paid Off - 360	Jul-31-02
37593365 3			347,750.00	347,382.66	Nov-19-02	11.100%	NY - 6500.00%	Paid Off - 360	Jul-30-02
37661477 3			313,000.00	312,146.50	Nov-25-02	6.500%	CA - 6173.60%	Paid Off - 360	Jul-31-02
37981420 3			340,000.00	339,551.39	Dec-04-02	8.100%	CA - 8500.00%	Paid Off - 360	Sep-06-02
38398996 3			420,000.00	419,715.63	Dec-03-02	11.259%	CA - 5419.40%	Paid Off - 360	Aug-30-02
38592499 3			500,000.00	499,903.60	Dec-05-02	13.750%	CA - 5882.40%	Paid Off - 360	Sep-30-02
38656427 3			495,000.00	494,700.12	Nov-21-02	8.500%	CA - 9000.00%	Paid Off - 360	Sep-18-02


					Page 24 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Realized Loss Report for December 26, 2002 Distribution


	Realized Loss Report - Collateral


COLLATERAL REALIZED LOSSES					GROUP 3	GROUP 2	GROUP 1	TOTAL

	*Current*
	Number of Loans Liquidated				-	-	-	-
	Collateral Realized Loss/(Gain) Amount				-	-	-	-
	Net Liquidation Proceeds				-	-	-	-

	*Cumulative*
	Number of Loans Liquidated				-	-	-	-
	Collateral Realized Loss/(Gain) Amount				-	-	-	-
	Net Liquidation Proceeds				-	-	-	-

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

SPACE INTENTIONALLY LEFT BLANK


	Group 1		Group 3				3 Months Moving Average
	Group 2

Collateral Loss Severity Approximation by Groups					Collateral Loss Severity Approximation


				Page 25 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Realized Loss Report for December 26, 2002 Distribution


	Realized Loss Report - Collateral


DEFAULT SPEEDS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	MDR				0.00%	0.00%	0.00%	0.00%
	3 Months Avg MDR
	12 Months Avg MDR
	Avg MDR Since Cut-off				0.00%	0.00%	0.00%	0.00%

	CDR				0.00%	0.00%	0.00%	0.00%
	3 Months Avg CDR
	12 Months Avg CDR
	Avg CDR Since Cut-off				0.00%	0.00%	0.00%	0.00%

	SDA				0.00%	0.00%	0.00%	0.00%
	3 Months Avg SDA Approximation
	12 Months Avg SDA Approximation
	Avg SDA Since Cut-off Approximation				0.00%	0.00%	0.00%	0.00%

	Loss Severity Approximation for Current Period
	3 Months Avg Loss Severity Approximation
	12 Months Avg Loss Severity Approximation
	Avg Loss Severity Approximation Since Cut-off

	Group 1		Group 3
	Group 2
CDR by Groups					Total CDR


SDA by Groups					Total SDA


				Page 26 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

	Realized Loss Report for December 26, 2002 Distribution


	Realized Loss Report - Collateral

	Group 1		Group 3
	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 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 27 of 29				© COPYRIGHT 2002 Deutsche Bank


	Ameriquest Mortgage Securities Inc. 2002-4
	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 = 0						Loan Group 1 = Group 1 Group
Total Original Principal Balance = 0.00						Loan Group 2 = Group 2 Group
Total Prior Principal Balance = 0.00						Loan Group 3 = Group 3 Group
Total Realized Loss Amount = 0.00
Total Net Liquidation Proceeds = 0.00


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
SPACE INTENTIONALLY LEFT BLANK


					Page 28 of 29				© COPYRIGHT 2002 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2002-4
	Asset Backed Certificates

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


	Triggers, Adj. Rate Cert. and Miscellaneous Report


TRIGGER EVENTS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Trigger Event in effect							No
	Stepdown Date has occurred							No

	Balances 60+ days							473,339.16
	Ending Balance							990,711,359.04
	Delinquency Percentage							0.05%

	Balance of Mezzanine and C Class							213,200,000.00
	Ending Balance							990,711,359.04
	*Credit Enhancement Percentage*							21.52%


ADJUSTABLE RATE CERTIFICATE INFORMATION					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Net WAC Rate Carryover Amt: Class A							0.00
	Net WAC Rate Carryover Amt: Class M-1							0.00
	Net WAC Rate Carryover Amt: Class M-2							0.00
	Net WAC Rate Carryover Amt: Class M-3							0.00
	Net WAC Rate Carryover Amt: Class M-4							0.00

	Net WAC Rate Carryover Amt: Class A unpaid							0.00
	Net WAC Rate Carryover Amt: Class M-1 unpaid							0.00
	Net WAC Rate Carryover Amt: Class M-2 unpaid							0.00
	Net WAC Rate Carryover Amt: Class M-3 unpaid							0.00
	Net WAC Rate Carryover Amt: Class M-4 unpaid							0.00


ADDITIONAL INFORMATION					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Libor for Current Period							1.380000%

	Current Period loan level losses							0.00
	Current Recoveries or Losses from Prior periods							0.00
	Total Current Losses							0.00

	Class AV-1 Next Pass-Through Rate							1.850000%
	Class AV-2 Next Pass-Through Rate							1.860000%
	Class M-1 Next Pass-Through Rate							2.420000%
	Class M-2 Next Pass-Through Rate							3.520000%
	Class M-3 Next Pass-Through Rate							4.920000%
	Class M-4 Next Pass-Through Rate							5.170000%



				Page 29 of 29				© COPYRIGHT 2002 Deutsche Bank

AMERIQUEST MORTGAGE SECURITIES INC AS BK PS THR CRTS SE 02-4 8-K/A