

                                       UNITED STATES
                            SECURITIES AND EXCHANGE COMMISSION
                                 Washington, D.C. 20549

                                         FORM 8-K

                                     CURRENT REPORT
      Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

              Date of Report (Date of earliest event reported):
                           (Date of earliest event reported)

         Ameriquest Mortgage Securities Inc (as Depositor under the Trust
         Agreement, dated as August 1, 2004, providing for the issuance of
          Asset-Backed Pass-Through Certificates, Series 2004-R8)
                 (Exact name of registrant as specified in charter)

                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-112203-04                          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

            (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):

[  ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act
(17 CFR 240.14a-12(b))

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))


     Item 8.01  Other Events

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


     Item 9.01 Financial Statements and Exhibits

     (c) Exhibits:

     Exhibit No. Description

     99.1 Monthly Remittance Statement to the Certificateholders dated as of
     .

                                    Signatures

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


                                  Deutsche Bank National Trust Company,
                                  in its capacity as Trustee under the
                                  Pooling and Servicing Agreement on
                                  behalf of Ameriquest Mortgage
                                  Securities Inc.,Registrant


          Date:  Sep 28, 2004               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

          99.1 Monthly Remittance Statement to the Certificateholders
          dated as of .



Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution

				External Parties					Table of Contents

												Page
				Seller
									1. Certificate Payment Report					2
				Ameriquest Mortgage Corp
									2. Collection Account Report					4

									3. Credit Enhancement Report					6
									4. Collateral Report					7
				Certificate Insurer(s)					5. Delinquency Report					10

									6. REO Report					13

									7. Foreclosure Report					14
									8. Prepayment Report					15
									9. Prepayment Detail Report					18

									10. Realized Loss Report					24
									11. Realized Loss Detail Report					27
				Servicer(s)
									12. Triggers and Adj. Cert. Report					28
				Ameriquest Mortgage Corp
									13. Additional Certificate Report					29



				Underwriter(s)
				Morgan Stanley


									Total Number of Pages					29


				Dates					Contacts

				Cut-Off Date:		August 01, 2004			Valerie Delgado
				Close Date:		August 05, 2004			Administrator
				First Distribution Date:		September 27, 2004			(714) 247-6273
									valerie.m.delgado@db.com

									Address:
									1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:		September 27, 2004
									Factor Information:			(800) 735-7777
				Record Date:		August 31, 2004
									Main Phone Number:			(714) 247-6000

						September 24, 2004


									https://www.corporatetrust.db.com/invr



Page 1 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution
Certificate Payment Report
Current Period Distribution - REMIC II
					Prior											Current
	Class		Original		Principal					Total		Realized		Deferred		Principal

Class	Type	Cur	Face Value		Balance	Interest		Principal		Distribution		Loss		Interest		Balance


					(1)	(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)

A-1		$	1,846,270,000.00		1,846,270,000.00	4,933,387.30		35,541,543.12		40,474,930.42		0.00		0.00		1,810,728,456.88

A-2		$	101,600,000.00		101,600,000.00	252,038.56		6,782,295.11		7,034,333.67		0.00		0.00		94,817,704.89
A-3		$	115,400,000.00		115,400,000.00	310,057.36		0.00		310,057.36		0.00		0.00		115,400,000.00
A-4		$	37,980,000.00		37,980,000.00	114,346.18		0.00		114,346.18		0.00		0.00		37,980,000.00
A-5		$	80,000,000.00		80,000,000.00	223,188.89		2,127,945.75		2,351,134.64		0.00		0.00		77,872,054.25
M-1		$	63,750,000.00		63,750,000.00	203,194.27		0.00		203,194.27		0.00		0.00		63,750,000.00
M-2		$	50,000,000.00		50,000,000.00	162,312.50		0.00		162,312.50		0.00		0.00		50,000,000.00
M-3		$	31,250,000.00		31,250,000.00	103,745.66		0.00		103,745.66		0.00		0.00		31,250,000.00
M-4		$	25,000,000.00		25,000,000.00	100,295.14		0.00		100,295.14		0.00		0.00		25,000,000.00
M-5		$	25,000,000.00		25,000,000.00	103,239.58		0.00		103,239.58		0.00		0.00		25,000,000.00
M-6		$	25,000,000.00		25,000,000.00	109,496.53		0.00		109,496.53		0.00		0.00		25,000,000.00
M-7		$	18,750,000.00		18,750,000.00	95,372.39		0.00		95,372.39		0.00		0.00		18,750,000.00
M-8		$	18,750,000.00		18,750,000.00	101,445.31		0.00		101,445.31		0.00		0.00		18,750,000.00
M-9		$	21,250,000.00		21,250,000.00	133,742.18		0.00		133,742.18		0.00		0.00		21,250,000.00
M-10		$	15,000,000.00		15,000,000.00	88,885.42		0.00		88,885.42		0.00		0.00		15,000,000.00
CE		$	25,000,064.75		25,000,064.75	5,388,659.24		63.10		5,388,722.34		0.00		0.00		25,000,001.65
P		$	100.00		100.00	344,538.43		0.00		344,538.43		0.00		0.00		100.00
R		$	0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00

Total			2,500,000,164.75		2,500,000,164.75	12,767,944.94		44,451,847.08		57,219,792.02		0.00		0.00		2,455,548,317.67





Interest Accrual Detail Current Period Factor Information per $1,0000 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)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1	08/05/04		09/26/04		A-Act/360	03072STU9		1,846,270,000.00		1,000.000000		2.672083		19.250458		21.922541	980.749542
A-2	08/05/04		09/26/04		A-Act/360	03072STV7		101,600,000.00		1,000.000000		2.480694		66.754873		69.235568	933.245127
A-3	08/05/04		09/26/04		A-Act/360	03072STW5		115,400,000.00		1,000.000000		2.686806		0.000000		2.686806	1,000.000000
A-4	08/05/04		09/26/04		A-Act/360	03072STX3		37,980,000.00		1,000.000000		3.010695		0.000000		3.010695	1,000.000000
A-5	08/05/04		09/26/04		A-Act/360	03072STY1		80,000,000.00		1,000.000000		2.789861		26.599322		29.389183	973.400678
M-1	08/05/04		09/26/04		A-Act/360	03072STZ8		63,750,000.00		1,000.000000		3.187361		0.000000		3.187361	1,000.000000
M-2	08/05/04		09/26/04		A-Act/360	03072SUA1		50,000,000.00		1,000.000000		3.246250		0.000000		3.246250	1,000.000000
M-3	08/05/04		09/26/04		A-Act/360	03072SUB9		31,250,000.00		1,000.000000		3.319861		0.000000		3.319861	1,000.000000
M-4	08/05/04		09/26/04		A-Act/360	03072SUC7		25,000,000.00		1,000.000000		4.011806		0.000000		4.011806	1,000.000000
M-5	08/05/04		09/26/04		A-Act/360	03072SUD5		25,000,000.00		1,000.000000		4.129583		0.000000		4.129583	1,000.000000
M-6	08/05/04		09/26/04		A-Act/360	03072SUE3		25,000,000.00		1,000.000000		4.379861		0.000000		4.379861	1,000.000000
M-7	08/05/04		09/26/04		A-Act/360	03072SUF0		18,750,000.00		1,000.000000		5.086527		0.000000		5.086527	1,000.000000
M-8	08/05/04		09/26/04		A-Act/360	03072SUG8		18,750,000.00		1,000.000000		5.410417		0.000000		5.410417	1,000.000000
M-9	08/05/04		09/26/04		A-Act/360	03072SUH6		21,250,000.00		1,000.000000		6.293750		0.000000		6.293750	1,000.000000
M-10	08/05/04		09/26/04		A-Act/360	03072SUJ2		15,000,000.00		1,000.000000		5.925695		0.000000		5.925695	1,000.000000
CE	08/05/04		08/30/04		F-30/360			25,000,064.75		1,000.000000		215.545811		0.002524		215.548335	999.997476
P	08/05/04		08/30/04		A-30/360			100.00		1,000.000000		3,445,384.300000		0.000000		3,445,384.300000	1,000.000000
R	08/05/04		08/30/04		A-30/360			0.00		0.000000		0.000000		0.000000		0.000000	0.000000



Page 2 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution

Distribution to Date - REMIC II
																Current


	Original				Unscheduled	Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal	Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)	(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1	1,846,270,000.00		4,933,387.30		33,759,500.81	1,782,042.31		35,541,543.12		40,474,930.42		0.00		0.00		1,810,728,456.88
A-2	101,600,000.00		252,038.56		6,519,849.82	262,445.29		6,782,295.11		7,034,333.67		0.00		0.00		94,817,704.89
A-3	115,400,000.00		310,057.36		0.00	0.00		0.00		310,057.36		0.00		0.00		115,400,000.00
A-4	37,980,000.00		114,346.18		0.00	0.00		0.00		114,346.18		0.00		0.00		37,980,000.00
A-5	80,000,000.00		223,188.89		2,045,603.51	82,342.24		2,127,945.75		2,351,134.64		0.00		0.00		77,872,054.25
M-1	63,750,000.00		203,194.27		0.00	0.00		0.00		203,194.27		0.00		0.00		63,750,000.00
M-2	50,000,000.00		162,312.50		0.00	0.00		0.00		162,312.50		0.00		0.00		50,000,000.00
M-3	31,250,000.00		103,745.66		0.00	0.00		0.00		103,745.66		0.00		0.00		31,250,000.00
M-4	25,000,000.00		100,295.14		0.00	0.00		0.00		100,295.14		0.00		0.00		25,000,000.00
M-5	25,000,000.00		103,239.58		0.00	0.00		0.00		103,239.58		0.00		0.00		25,000,000.00
M-6	25,000,000.00		109,496.53		0.00	0.00		0.00		109,496.53		0.00		0.00		25,000,000.00
M-7	18,750,000.00		95,372.39		0.00	0.00		0.00		95,372.39		0.00		0.00		18,750,000.00
M-8	18,750,000.00		101,445.31		0.00	0.00		0.00		101,445.31		0.00		0.00		18,750,000.00
M-9	21,250,000.00		133,742.18		0.00	0.00		0.00		133,742.18		0.00		0.00		21,250,000.00
M-10	15,000,000.00		88,885.42		0.00	0.00		0.00		88,885.42		0.00		0.00		15,000,000.00
CE	25,000,064.75		5,388,659.24		0.00	0.00		63.10		5,388,722.34		0.00		0.00		25,000,001.65
P	100.00		344,538.43		0.00	0.00		0.00		344,538.43		0.00		0.00		100.00
R	0.00		0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00

Total	2,500,000,164.75		12,767,944.94		42,324,954.14	2,126,829.84		44,451,847.08		57,219,792.02		0.00		0.00		2,455,548,317.67


Interest Detail - REMIC II
	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		Adjustment		Interest		Interest		Interest
					(1)	(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1	1.81500%		1,846,270,000.00		4,933,387.30	0.00		0.00		0.00		4,933,387.30		4,933,387.30		0.00
A-2	1.68500%		101,600,000.00		252,038.56	0.00		0.00		0.00		252,038.56		252,038.56		0.00
A-3	1.82500%		115,400,000.00		310,057.36	0.00		0.00		0.00		310,057.36		310,057.36		0.00
A-4	2.04500%		37,980,000.00		114,346.17	0.00		0.00		0.00		114,346.17		114,346.18		0.00
A-5	1.89500%		80,000,000.00		223,188.89	0.00		0.00		0.00		223,188.89		223,188.89		0.00
M-1	2.16500%		63,750,000.00		203,194.27	0.00		0.00		0.00		203,194.27		203,194.27		0.00
M-2	2.20500%		50,000,000.00		162,312.50	0.00		0.00		0.00		162,312.50		162,312.50		0.00
M-3	2.25500%		31,250,000.00		103,745.66	0.00		0.00		0.00		103,745.66		103,745.66		0.00
M-4	2.72500%		25,000,000.00		100,295.14	0.00		0.00		0.00		100,295.14		100,295.14		0.00
M-5	2.80500%		25,000,000.00		103,239.58	0.00		0.00		0.00		103,239.58		103,239.58		0.00
M-6	2.97500%		25,000,000.00		109,496.53	0.00		0.00		0.00		109,496.53		109,496.53		0.00
M-7	3.41805%		18,750,000.00		94,352.47	0.00		0.00		0.00		94,352.47		95,372.39		0.00
M-8	3.41805%		18,750,000.00		94,352.47	0.00		0.00		0.00		94,352.47		101,445.31		0.00
M-9	3.41805%		21,250,000.00		106,932.80	0.00		0.00		0.00		106,932.80		133,742.18		0.00
M-10	3.41805%		15,000,000.00		75,481.98	0.00		0.00		0.00		75,481.98		88,885.42		0.00
CE	298.44805%		25,000,064.75		0.00	0.00		0.00		0.00		0.00		5,388,659.24		0.00
P	0.00000%		100.00		0.00	0.00		0.00		0.00		0.00		344,538.43		0.00
R	0.00000%		0.00		0.00	0.00		0.00		0.00		0.00		0.00		0.00

Total			2,500,000,164.75		6,986,421.68	0.00		0.00		0.00		6,986,421.68		12,767,944.94		0.00



Page 3 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution
Collection Account Report
SUMMARY

									Group 2		Group 1		Total
Principal Collections									8,910,253.51		35,541,593.57		44,451,847.08
Principal Withdrawals									0.00		0.00		0.00
Principal Other Accounts									0.00		0.00		0.00
TOTAL NET PRINCIPAL									8,910,253.51		35,541,593.57		44,451,847.08
Interest Collections									2,028,917.26		12,525,564.58		14,554,481.84
Interest Withdrawals									-0.00		-0.00		-0.00
Interest Fees									-333,716.61		-1,797,359.73		-2,131,076.33
Interest Other Accounts													344,539.44
TOTAL NET INTEREST									1,695,200.64		10,728,204.86		12,767,944.95
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION													57,219,792.03



PRINCIPAL - COLLECTIONS

										Group 2		Group 1		Total
Scheduled Principal Received										344,787.53		1,782,042.31		2,126,829.84
Curtailments										22,986.79		259,432.44		282,419.23
Prepayments In Full										5,468,610.93		23,459,579.36		28,928,190.29
Repurchased/Substitutions										3,073,868.26		10,040,539.46		13,114,407.72
Liquidations										0.00		0.00		0.00
Insurance Principal										0.00		0.00		0.00
Other Additional Principal										0.00		0.00		0.00
Delinquent Principal										-278,151.27		-1,335,575.16		-1,613,726.43
Realized Losses										-0.00		-0.00		-0.00
Advanced Principal										278,151.27		1,335,575.16		1,613,726.43
TOTAL PRINCIPAL COLLECTED										8,910,253.51		35,541,593.57		44,451,847.08


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS

									Group 2		Group 1		Total
TOTAL PRINCIPAL OTHER ACCOUNTS									0.00		0.00		0.00





Page 4 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution

INTEREST - COLLECTIONS

									Group 2		Group 1		Total
Scheduled Interest									2,139,249.35		13,126,583.01		15,265,832.36
Repurchased/Substitution Interest									17,453.28		64,479.41		81,932.69
Liquidation Interest									0.00		0.00		0.00
Insurance Interest									0.00		0.00		0.00
Other Additional Interest									0.00		0.00		0.00
Prepayment Interest Shortfalls									-8,876.75		-41,564.19		-50,440.94
Delinquent Interest									-1,729,440.65		-10,017,164.77		-11,746,605.42
Compensating Interest									8,876.75		41,564.19		50,440.94
Civil Relief Act Shortfalls									-0.00		-0.00		-0.00
Interest Advanced									1,601,655.28		9,351,666.93		10,953,322.21
TOTAL INTEREST COLLECTED									2,028,917.26		12,525,564.58		14,554,481.84


INTEREST - WITHDRAWALS

									Group 2		Group 1		Total
Non-Recoverable Advances									0.00		0.00		0.00
Reimbursements to Master Servicer									0.00		0.00		0.00
TOTAL INTEREST WITHDRAWALS									0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS

									Group 2		Group 1		Total
Prepayment Charges													344,538.43
Net WAC Investment Income													1.01
TOTAL INTEREST OTHER ACCOUNTS													344,539.44



INTEREST - FEES

									Group 2		Group 1		Total
Current Servicing Fees									32,186.64		216,196.88		248,383.52
Trustee Fees									271.95		1,498.88		1,770.83
PMI									301,258.02		1,422,731.01		1,723,989.03
Certificate Insurance Policy Payment ( Class A-1)											156,932.95		156,932.95
TOTAL INTEREST FEES									333,716.61		1,797,359.73		2,131,076.33




Page 5 of 29
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REMIC 2004-R8

September 27, 2004 Distribution
Credit Enhancement Report
ACCOUNTS


SPACE INTENTIONALLY LEFT BLANK





INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES

									Group 2		Group 1		Total
Overcollateralized Amount													25,000,001.65
Overcollateralization Reduction Amount													63.10
Overcollateralization Deficiency Amount													0.00
Overcollateralization Target Amount													25,000,001.65

Senior Enhancement Percentage													12.98%
Class A Certificate Defiency Amount													0.00



Page 6 of 29
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REMIC 2004-R8

September 27, 2004 Distribution
Collateral Report


COLLATERAL



										Group 2		Group 1		Total



*Loan Count:*


Original									958		14,585		15,543
Prior									958		14,585		15,543
Prefunding									0		0		0
Scheduled Paid Offs									-0		-0		-0
Full Voluntary Prepayments									-14		-134		-148
Repurchases									-7		-69		-76
Liquidations									-0		-0		-0
Current									937		14,382		15,319
*Principal Balance:*


Original									383,932,840.66		2,116,067,324.09		2,500,000,164.75
Prior									383,932,840.66		2,116,067,324.09		2,500,000,164.75
Prefunding									0.00		0.00		0.00
Scheduled Principal									-344,787.53		-1,782,042.31		-2,126,829.84
Partial Prepayments									-22,986.79		-259,432.44		-282,419.23
Full Voluntary Prepayments									-5,468,610.93		-23,459,579.36		-28,928,190.29
Repurchases									-3,073,868.26		-10,040,539.46		-13,114,407.72
Liquidations									-0.00		-0.00		-0.00
Current									375,022,587.15		2,080,525,730.52		2,455,548,317.67





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 29
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Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution

CHARACTERISTICS

									Group 2		Group 1		Total
Weighted Average Coupon Original									6.74087%		7.48052%		7.36693%
Weighted Average Coupon Prior									6.74087%		7.48052%		7.36693%
Weighted Average Coupon Current									6.74087%		7.48052%		7.36693%
Weighted Average Months to Maturity Original									355		350		351
Weighted Average Months to Maturity Prior									355		350		351
Weighted Average Months to Maturity Current									355		350		351
Weighted Avg Remaining Amortization Term Original									355		350		351
Weighted Avg Remaining Amortization Term Prior									355		350		351
Weighted Avg Remaining Amortization Term Current									355		350		351
Weighted Average Seasoning Original									2.60		2.74		2.72
Weighted Average Seasoning Prior									2.60		2.74		2.72
Weighted Average Seasoning Current									2.60		2.74		2.72









Page 8 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution

ARM CHARACTERISTICS

									Group 2		Group 1		Total
Weighted Average Margin Original									5.70635%		6.00794%		5.96104%
Weighted Average Margin Prior									5.70635%		6.00794%		5.96104%
Weighted Average Margin Current									5.70635%		6.00794%		5.96104%
Weighted Average Max Rate Original									12.75075%		13.51796%		13.39865%
Weighted Average Max Rate Prior									12.75075%		13.51796%		13.39865%
Weighted Average Max Rate Current									12.75075%		13.51796%		13.39865%
Weighted Average Min Rate Original									6.75075%		7.51796%		7.39865%
Weighted Average Min Rate Prior									6.75075%		7.51796%		7.39865%
Weighted Average Min Rate Current									6.75075%		7.51796%		7.39865%
Weighted Average Cap Up Original									1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Prior									1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Current									1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Original									1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Prior									1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Current									1.00000%		1.00000%		1.00000%




SERVICING FEES & ADVANCES

										Group 2		Group 1		Total




Current Servicing Fees									32,186.64		216,196.88		248,383.52
Delinquent Servicing Fees									127,785.37		665,497.84		793,283.21
TOTAL SERVICING FEES									159,972.02		881,694.75		1,041,666.77


Total Servicing Fees									159,972.02		881,694.75		1,041,666.77
Compensating Interest									-8,876.75		-41,564.19		-50,440.94
Delinquent Servicing Fees									-127,785.37		-665,497.84		-793,283.21
COLLECTED SERVICING FEES									32,186.64		216,196.88		197,942.62


Total Advanced Interest									1,601,655.28		9,351,666.93		10,953,322.21
Total Advanced Principal									278,151.27		1,335,575.16		1,613,726.43
Aggregate Advances with respect to this Distribution									1,879,806.55		10,687,242.09		12,567,048.64





ADDITIONAL COLLATERAL INFORMATION
									Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)									8,876.75		41,564.19		50,440.94
Compensating Interest									-8,876.75		-41,564.19		-50,440.94
Net Prepayment Interest Shortfall (PPIS)									0.00		0.00		0.00


Ending Pool Stated Principal Balance									375,022,587.15		2,080,525,730.52		2,455,548,317.67
Weighted Average Net Mortgage Rate									5.298429%		6.172850%		6.038562%




Page 9 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			403,451.90		95,868.03		0.00		499,319.93
			% Balance			0.02%		0.00%		0.00%		0.02%
			# Loans			2		1		0		3
			% # Loans			0.01%		0.01%		0.00%		0.02%
	FORECLOSURE		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		2,595,384.85	0.00		0.00		0.00		2,595,384.85
			% Balance		0.11%	0.00%		0.00%		0.00%		0.11%
			# Loans		15	0		0		0		15
			% # Loans		0.10%	0.00%		0.00%		0.00%		0.10%
	REO		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		2,595,384.85	403,451.90		95,868.03		0.00		3,094,704.78
			% Balance		0.11%	0.02%		0.00%		0.00%		0.13%
			# Loans		15	2		1		0		18
			% # Loans		0.10%	0.01%		0.01%		0.00%		0.12%









Page 10 of 29
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Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution


	GROUP 1
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			403,451.90		95,868.03		0.00		499,319.93
			% Balance			0.02%		0.00%		0.00%		0.02%
			# Loans			2		1		0		3
			% # Loans			0.01%		0.01%		0.00%		0.02%
	FORECLOSURE		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		1,509,393.21	0.00		0.00		0.00		1,509,393.21
			% Balance		0.07%	0.00%		0.00%		0.00%		0.07%
			# Loans		12	0		0		0		12
			% # Loans		0.08%	0.00%		0.00%		0.00%		0.08%
	REO		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		1,509,393.21	403,451.90		95,868.03		0.00		2,008,713.14
			% Balance		0.07%	0.02%		0.00%		0.00%		0.10%
			# Loans		12	2		1		0		15
			% # Loans		0.08%	0.01%		0.01%		0.00%		0.10%










Page 11 of 29
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Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution

	GROUP 2
					< 1 PAYMENT	1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance			0.00		0.00		0.00		0.00
			% Balance			0.00%		0.00%		0.00%		0.00%
			# Loans			0		0		0		0
			% # Loans			0.00%		0.00%		0.00%		0.00%
	FORECLOSURE		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		1,085,991.64	0.00		0.00		0.00		1,085,991.64
			% Balance		0.29%	0.00%		0.00%		0.00%		0.29%
			# Loans		3	0		0		0		3
			% # Loans		0.32%	0.00%		0.00%		0.00%		0.32%
	REO		Balance		0.00	0.00		0.00		0.00		0.00
			% Balance		0.00%	0.00%		0.00%		0.00%		0.00%
			# Loans		0	0		0		0		0
			% # Loans		0.00%	0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		1,085,991.64	0.00		0.00		0.00		1,085,991.64
			% Balance		0.29%	0.00%		0.00%		0.00%		0.29%
			# Loans		3	0		0		0		3
			% # Loans		0.32%	0.00%		0.00%		0.00%		0.32%









Page 12 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution
REO Report
Loan Number			Original		Stated			Current		State &

													First
&			Principal		Principal	Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance	Date		Rate		Origination		Term		Date
SPACE INTENTIONALLY LEFT BLANK




TOTAL



Page 13 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution
Foreclosure Report
Loan Number			Original		Stated			Current		State &

													First
&			Principal		Principal	Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance	Date		Rate		Origination		Term		Date




TOTAL



Page 14 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS


										Group 2		Group 1		Total




*Current*


Number of Paid in Full Loans									14		134		148
Number of Repurchased Loans									7		69		76
Total Number of Loans Prepaid in Full									21		203		224
Curtailments Amount									22,986.79		259,432.44		282,419.23
Paid in Full Balance									5,468,610.93		23,459,579.36		28,928,190.29
Repurchased Loans Balance									3,073,868.26		10,040,539.46		13,114,407.72
Total Prepayment Amount									8,565,465.98		33,759,551.26		42,325,017.24

*Cumulative*


Number of Paid in Full Loans									14		134		148
Number of Repurchased Loans									7		69		76
Total Number of Loans Prepaid in Full									21		203		224
Paid in Full Balance									5,468,610.93		23,459,579.36		28,928,190.29
Repurchased Loans Balance									3,073,868.26		10,040,539.46		13,114,407.72
Curtailments Amount									22,986.79		259,432.44		282,419.23
Total Prepayment Amount									8,565,465.98		33,759,551.26		42,325,017.24










Page 15 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution

VOLUNTARY PREPAYMENTS RATES


										Group 2		Group 1		Total



SMM									2.23%		1.60%		1.69%
3 Months Avg SMM									2.23%		1.60%		1.69%
12 Months Avg SMM									2.23%		1.60%		1.69%
Avg SMM Since Cut-off									2.23%		1.60%		1.69%


CPR									23.74%		17.56%		18.54%
3 Months Avg CPR									23.74%		17.56%		18.54%
12 Months Avg CPR									23.74%		17.56%		18.54%
Avg CPR Since Cut-off									23.74%		17.56%		18.54%


PSA									4,563.18%		3,201.45%		3,406.47%
3 Months Avg PSA Approximation									4,563.18%		3,201.47%		3,406.47%
12 Months Avg PSA Approximation									4,563.18%		3,201.47%		3,406.47%
Avg PSA Since Cut-off Approximation									4,563.18%		3,201.47%		3,406.47%










Page 16 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution






PREPAYMENT CALCULATION METHODOLOGY

	Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal)

	Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)
	PSA Standard Prepayment Model: CPR/(0.002*min(30,WAS))

	Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)(1-SMMn+1)...*(1-SMMm)]^(1/months in period n,m)
	Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)

	Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m))
	Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m)

	Weighted Average Seasoning (WAS)

	Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.
	Dates correspond to distribution dates.




Page 17 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original						Current		State &		Type Prepayment		First


&		Loan	Principal		Prepayment		Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount		Date		Rate		Origination		Original Term		Date

62763321 2			392,000.00		390,617.80		16-Aug-2004		9.500%		CA - 88.09%		Paid Off - 360		01-Feb-2004

63332068 1			131,750.00		131,117.39		25-Aug-2004		7.990%		FL - 85.00%		Paid Off - 360		01-Feb-2004
63472740 1			297,500.00		296,237.21		08-Sep-2004		8.600%		NY - 78.29%		Paid Off - 360		01-Feb-2004
64106560 1			204,450.00		202,255.61		02-Sep-2004		8.990%		TN - 88.89%		Paid Off - 240		01-Feb-2004
64339724 1			133,000.00		132,423.33		26-Aug-2004		8.750%		MD - 79.64%		Paid Off - 360		01-Feb-2004
64521446 2			365,000.00		363,067.84		23-Aug-2004		7.500%		CA - 84.10%		Paid Off - 360		01-Feb-2004
64525926 1			115,000.00		114,417.26		25-Aug-2004		8.350%		WA - 85.19%		Paid Off - 360		01-Feb-2004
64760820 1			106,250.00		105,894.36		10-Sep-2004		9.750%		NC - 85.00%		Paid Off - 360		01-Feb-2004
64816309 1			66,000.00		65,683.07		01-Sep-2004		7.990%		FL - 68.04%		Paid Off - 360		01-Feb-2004
64915564 1			136,000.00		135,346.93		10-Aug-2004		7.990%		MD - 80.00%		Paid Off - 360		01-Feb-2004
65048308 1			128,000.00		127,473.06		02-Sep-2004		8.750%		PA - 35.07%		Paid Off - 360		01-Feb-2004
65056087 1			130,500.00		129,979.04		01-Sep-2004		8.900%		ME - 90.00%		Paid Off - 360		01-Feb-2004
65127342 1			248,000.00		247,009.96		09-Aug-2004		8.900%		CA - 82.67%		Paid Off - 360		01-Feb-2004
65242364 1			156,500.00		155,859.30		31-Aug-2004		8.000%		MA - 63.88%		Paid Off - 360		01-Mar-2004
65356602 1			195,000.00		193,859.07		24-Aug-2004		6.990%		MI - 84.78%		Paid Off - 360		01-Feb-2004
65358228 1			78,000.00		77,587.09		27-Aug-2004		7.500%		FL - 52.35%		Paid Off - 360		01-Feb-2004
65450686 2			405,000.00		403,154.50		31-Aug-2004		8.250%		CA - 90.00%		Paid Off - 360		01-Feb-2004
65524589 1			63,750.00		63,547.10		16-Aug-2004		9.990%		MI - 75.00%		Paid Off - 360		01-Feb-2004
65694309 1			60,000.00		59,648.50		20-Aug-2004		9.750%		WI - 70.59%		Paid Off - 360		01-Feb-2004
65763443 1			135,000.00		134,210.12		06-Aug-2004		6.990%		MN - 90.00%		Paid Off - 360		01-Feb-2004
65787848 1			100,000.00		98,859.51		10-Aug-2004		8.500%		CT - 74.07%		Paid Off - 240		01-Feb-2004
65880924 1			214,000.00		213,135.70		09-Sep-2004		8.850%		NY - 85.60%		Paid Off - 360		01-Feb-2004
65972804 1			107,000.00		106,373.11		17-Aug-2004		6.990%		MA - 53.50%		Paid Off - 360		01-Feb-2004
65975302 1			165,500.00		164,783.03		23-Aug-2004		8.500%		CA - 88.98%		Paid Off - 360		01-Feb-2004
66031527 1			319,972.00		318,823.16		24-Aug-2004		9.450%		CT - 74.41%		Paid Off - 360		01-Feb-2004
66082462 1			100,000.00		99,673.38		05-Aug-2004		9.150%		IL - 80.00%		Paid Off - 360		01-Mar-2004
66173261 1			178,000.00		176,958.54		31-Aug-2004		6.990%		CA - 71.20%		Paid Off - 360		01-Feb-2004
66211145 1			159,000.00		158,158.27		06-Aug-2004		7.500%		CA - 45.43%		Paid Off - 360		01-Feb-2004
66414202 1			150,000.00		149,571.44		24-Aug-2004		9.750%		NY - 71.43%		Paid Off - 360		01-Mar-2004
66661844 2			360,000.00		358,450.64		01-Sep-2004		7.750%		NY - 90.00%		Paid Off - 360		01-Mar-2004
66786583 1			187,000.00		186,020.29		31-Aug-2004		6.750%		MA - 85.00%		Paid Off - 360		01-Mar-2004
66892001 1			146,000.00		145,401.13		02-Aug-2004		7.990%		MD - 73.00%		Paid Off - 360		01-Mar-2004
66922782 2			392,500.00		391,318.41		03-Sep-2004		9.500%		NY - 90.23%		Paid Off - 360		01-Mar-2004
67145888 1			240,300.00		239,135.44		09-Aug-2004		7.150%		CA - 90.00%		Paid Off - 360		01-Mar-2004
67178004 1			112,000.00		111,540.57		03-Aug-2004		7.990%		MA - 56.00%		Paid Off - 360		01-Mar-2004
67208108 1			60,000.00		59,753.83		25-Aug-2004		7.990%		FL - 54.55%		Paid Off - 360		01-Mar-2004
67274340 1			75,000.00		74,154.38		08-Sep-2004		7.300%		FL - 68.18%		Paid Off - 240		01-Mar-2004




Page 18 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original						Current		State &		Type Prepayment		First


&		Loan	Principal		Prepayment		Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount		Date		Rate		Origination		Original Term		Date

67367003 2			434,000.00		431,116.88		03-Aug-2004		5.500%		CA - 83.46%		Paid Off - 360		01-Mar-2004

67422485 1			156,000.00		155,294.39		12-Aug-2004		7.500%		CA - 86.67%		Paid Off - 360		01-Mar-2004
67450585 1			130,500.00		129,816.11		04-Aug-2004		6.750%		CA - 87.00%		Paid Off - 360		01-Mar-2004
67536326 1			213,000.00		211,783.10		10-Sep-2004		6.300%		CA - 78.89%		Paid Off - 360		01-Mar-2004
67539403 1			102,000.00		101,699.26		07-Sep-2004		9.600%		NV - 85.00%		Paid Off - 360		01-Mar-2004
67656785 2			357,000.00		354,861.11		03-Aug-2004		6.050%		CA - 72.12%		Paid Off - 360		01-Mar-2004
67690123 1			261,000.00		259,406.40		01-Sep-2004		5.950%		CA - 90.00%		Paid Off - 360		01-Mar-2004
67723122 1			113,050.00		112,480.96		18-Aug-2004		6.990%		IL - 85.00%		Paid Off - 360		01-Mar-2004
67776708 1			284,000.00		282,133.93		08-Sep-2004		5.990%		CA - 82.08%		Paid Off - 360		01-Mar-2004
67929281 1			130,000.00		129,136.38		02-Sep-2004		5.500%		CA - 66.33%		Paid Off - 360		01-Mar-2004
67952820 1			80,000.00		79,329.51		01-Sep-2004		7.450%		IN - 55.17%		Paid Off - 360		01-Mar-2004
67976142 1			195,000.00		194,285.84		06-Aug-2004		8.550%		PA - 50.00%		Paid Off - 360		01-Mar-2004
68089069 1			103,500.00		103,255.66		25-Aug-2004		10.650%		GA - 90.00%		Paid Off - 360		01-Mar-2004
68110485 1			86,900.00		86,568.53		03-Sep-2004		8.350%		GA - 72.42%		Paid Off - 360		01-Mar-2004
68161660 1			290,000.00		286,487.59		18-Aug-2004		6.700%		CA - 79.89%		Paid Off - 240		01-Mar-2004
68276047 1			207,000.00		205,023.85		24-Aug-2004		5.990%		NY - 73.11%		Paid Off - 360		01-Mar-2004
68324565 1			269,100.00		267,730.60		05-Aug-2004		6.900%		MD - 90.00%		Paid Off - 360		01-Mar-2004
68355528 1			195,000.00		194,335.63		01-Sep-2004		7.990%		FL - 75.00%		Paid Off - 360		01-Apr-2004
68383603 1			225,000.00		223,762.90		27-Aug-2004		6.500%		CA - 88.24%		Paid Off - 360		01-Mar-2004
68440346 1			306,000.00		304,890.70		17-Aug-2004		8.600%		NY - 73.73%		Paid Off - 360		01-Mar-2004
68604487 1			130,900.00		129,791.44		31-Aug-2004		8.450%		WI - 85.00%		Paid Off - 360		01-Mar-2004
68648005 1			250,000.00		248,811.98		25-Aug-2004		7.250%		NY - 76.92%		Paid Off - 360		01-Mar-2004
68700020 1			65,000.00		64,599.37		26-Aug-2004		5.900%		FL - 67.20%		Paid Off - 360		01-Mar-2004
68943208 1			270,000.00		268,206.31		11-Aug-2004		5.500%		CA - 75.00%		Paid Off - 360		01-Mar-2004
69085421 2			375,000.00		373,460.20		03-Sep-2004		7.050%		CA - 75.00%		Paid Off - 360		01-Apr-2004
69254449 1			266,051.00		265,000.65		13-Aug-2004		7.250%		CA - 73.90%		Paid Off - 360		01-Apr-2004
69322543 1			265,500.00		264,420.43		30-Aug-2004		7.100%		MD - 90.00%		Paid Off - 360		01-Apr-2004
69388320 1			205,500.00		204,900.16		02-Aug-2004		8.750%		CA - 66.08%		Paid Off - 360		01-Apr-2004
69447886 1			143,000.00		142,462.68		04-Aug-2004		7.500%		FL - 70.79%		Paid Off - 360		01-Apr-2004
69563468 1			332,000.00		330,868.92		18-Aug-2004		7.990%		FL - 69.17%		Paid Off - 360		01-Apr-2004
69694222 1			309,000.00		307,371.36		07-Sep-2004		5.750%		CA - 84.66%		Paid Off - 360		01-Apr-2004
69821684 1			70,000.00		68,881.84		26-Aug-2004		6.990%		CA - 28.00%		Paid Off - 180		01-Apr-2004
69974624 1			276,250.00		275,159.35		02-Sep-2004		7.250%		MA - 85.00%		Paid Off - 360		01-Apr-2004
70180765 1			227,000.00		226,011.73		10-Sep-2004		6.750%		CA - 70.72%		Paid Off - 360		01-Apr-2004
70231865 1			195,000.00		194,323.51		01-Sep-2004		7.900%		MD - 75.00%		Paid Off - 360		01-Apr-2004
70492921 1			228,000.00		224,122.68		20-Aug-2004		6.250%		MO - 80.85%		Paid Off - 180		01-Apr-2004
70638721 1			108,000.00		107,727.29		05-Aug-2004		9.450%		ME - 60.00%		Paid Off - 360		01-Apr-2004
70967666 1			70,000.00		69,835.36		07-Sep-2004		8.700%		CA - 51.85%		Paid Off - 360		01-May-2004




Page 19 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original						Current		State &		Type Prepayment		First


&		Loan	Principal		Prepayment		Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount		Date		Rate		Origination		Original Term		Date

71072144 2			428,300.00		427,323.79		18-Aug-2004		8.850%		NY - 84.81%		Paid Off - 360		01-May-2004

71623649 1			85,000.00		84,710.73		31-Aug-2004		8.300%		MN - 64.39%		Paid Off - 360		01-Apr-2004
71660385 1			222,000.00		220,995.34		01-Sep-2004		6.550%		MD - 38.08%		Paid Off - 360		01-Apr-2004
71673107 1			256,000.00		254,928.03		07-Sep-2004		6.950%		CA - 85.33%		Paid Off - 360		01-Apr-2004
71907307 1			98,000.00		95,703.00		03-Aug-2004		6.900%		MS - 87.50%		Paid Off - 120		01-May-2004
72184666 1			247,500.00		246,820.58		03-Aug-2004		7.990%		CA - 90.00%		Paid Off - 360		01-May-2004
72831407 1			290,700.00		289,736.58		26-Aug-2004		6.990%		CA - 84.26%		Paid Off - 360		01-May-2004
73202525 1			105,000.00		104,784.28		02-Aug-2004		9.350%		WI - 75.00%		Paid Off - 360		01-May-2004
73333940 1			167,500.00		167,420.18		07-Sep-2004		9.650%		NH - 72.83%		Paid Off - 360		01-Aug-2004
75230383 1			332,100.00		331,230.03		07-Sep-2004		6.850%		WI - 90.00%		Paid Off - 360		01-Jun-2004
76556786 1			323,000.00		322,239.51		03-Sep-2004		7.250%		CA - 83.90%		Paid Off - 360		01-Jun-2004
77568087 1			294,000.00		293,535.33		24-Aug-2004		7.200%		CA - 76.36%		Paid Off - 360		01-Jul-2004
78041548 1			161,000.00		160,747.66		02-Sep-2004		9.250%		IL - 87.03%		Paid Off - 360		01-Jun-2004
78580743 1			193,500.00		193,287.36		26-Aug-2004		8.990%		WI - 90.00%		Paid Off - 360		01-Jul-2004
78674629 1			113,750.00		113,596.53		09-Sep-2004		7.990%		OH - 65.00%		Paid Off - 360		01-Jul-2004
78926664 2			334,000.00		333,734.22		25-Aug-2004		7.150%		CA - 79.11%		Paid Off - 360		01-Aug-2004
79252581 1			116,800.00		116,721.46		09-Sep-2004		7.990%		MN - 80.00%		Paid Off - 360		01-Aug-2004
79883120 1			87,500.00		87,420.12		07-Sep-2004		6.450%		TX - 22.15%		Paid Off - 360		01-Aug-2004
79980504 1			155,000.00		154,716.25		03-Sep-2004		6.450%		CT - 79.96%		Paid Off - 360		01-Jul-2004
80057227 1			144,000.00		143,931.37		24-Aug-2004		9.650%		MI - 90.00%		Paid Off - 360		01-Aug-2004
80216245 1			83,000.00		82,944.19		03-Aug-2004		7.990%		IL - 59.29%		Paid Off - 360		01-Aug-2004
80236607 1			243,000.00		242,695.31		19-Aug-2004		8.350%		MO - 90.00%		Paid Off - 360		01-Jul-2004
80356348 1			213,000.00		212,855.62		31-Aug-2004		7.950%		IL - 60.86%		Paid Off - 360		01-Aug-2004
80407562 1			217,800.00		217,678.53		19-Aug-2004		8.900%		WI - 90.00%		Paid Off - 360		01-Aug-2004
80692783 2			361,250.00		361,002.64		30-Aug-2004		7.900%		CA - 85.00%		Paid Off - 360		01-Aug-2004
80703127 1			129,050.00		128,983.09		26-Aug-2004		9.250%		AZ - 89.00%		Paid Off - 360		01-Aug-2004
80906423 1			81,000.00		80,947.81		30-Aug-2004		8.200%		IL - 88.04%		Paid Off - 360		01-Aug-2004
80955925 1			95,000.00		94,931.59		23-Aug-2004		7.650%		MN - 86.36%		Paid Off - 360		01-Aug-2004
81065526 1			115,600.00		115,546.64		09-Aug-2004		9.800%		NE - 85.00%		Paid Off - 360		01-Aug-2004
81154528 2			465,000.00		464,622.59		30-Aug-2004		7.050%		CA - 78.15%		Paid Off - 360		01-Aug-2004
81160640 1			165,000.00		164,876.31		17-Aug-2004		7.450%		AZ - 73.33%		Paid Off - 360		01-Aug-2004
81283822 1			308,000.00		307,805.59		31-Aug-2004		8.300%		FL - 94.77%		Paid Off - 360		01-Aug-2004
81284226 1			151,200.00		151,143.07		24-Aug-2004		10.750%		IL - 79.58%		Paid Off - 360		01-Aug-2004
81434722 1			252,000.00		251,795.46		10-Aug-2004		7.050%		CA - 89.68%		Paid Off - 360		01-Aug-2004
81468183 1			236,250.00		236,089.86		01-Sep-2004		7.950%		IL - 84.38%		Paid Off - 360		01-Aug-2004
81501561 1			192,100.00		192,014.10		01-Sep-2004		9.950%		WI - 85.00%		Paid Off - 360		01-Aug-2004
81590762 1			168,250.00		168,087.25		10-Sep-2004		6.150%		NV - 84.13%		Paid Off - 360		01-Aug-2004
81613887 1			259,650.00		259,505.19		05-Aug-2004		8.900%		TX - 88.02%		Paid Off - 360		01-Aug-2004




Page 20 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original						Current		State &		Type Prepayment		First


&		Loan	Principal		Prepayment		Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount		Date		Rate		Origination		Original Term		Date

81633661 2			408,510.00		408,274.97		17-Aug-2004		8.750%		CO - 89.78%		Paid Off - 360		01-Aug-2004

81659542 1			122,400.00		122,358.67		02-Sep-2004		11.250%		NC - 85.00%		Paid Off - 360		01-Aug-2004
81689465 1			161,250.00		161,161.73		19-Aug-2004		8.990%		IL - 75.00%		Paid Off - 360		01-Aug-2004
81850760 1			283,400.00		283,307.41		20-Aug-2004		11.400%		TX - 65.00%		Paid Off - 360		01-Aug-2004
81901662 1			60,000.00		59,972.00		27-Aug-2004		9.750%		FL - 60.00%		Paid Off - 360		01-Aug-2004
81935769 1			60,000.00		59,979.06		07-Sep-2004		11.100%		IA - 80.00%		Paid Off - 360		01-Aug-2004
81951162 1			82,110.00		82,044.10		10-Sep-2004		7.500%		WI - 86.43%		Paid Off - 360		01-Aug-2004
81967424 1			288,900.00		288,733.78		30-Aug-2004		8.750%		WI - 90.00%		Paid Off - 360		01-Aug-2004
81976060 1			117,000.00		116,941.22		16-Aug-2004		9.400%		MD - 63.93%		Paid Off - 360		01-Aug-2004
82027509 1			227,000.00		226,822.91		03-Sep-2004		7.250%		CA - 75.67%		Paid Off - 360		01-Aug-2004
82180308 1			105,000.00		104,944.41		08-Sep-2004		9.150%		MD - 18.79%		Paid Off - 360		01-Aug-2004
82181827 1			67,000.00		66,811.47		19-Aug-2004		8.300%		TX - 63.21%		Paid Off - 180		01-Aug-2004
82234048 1			97,680.00		97,421.63		30-Aug-2004		8.990%		CT - 74.00%		Paid Off - 180		01-Aug-2004
82242603 1			87,000.00		86,934.77		25-Aug-2004		7.450%		IL - 79.61%		Paid Off - 360		01-Aug-2004
82290388 1			167,533.00		167,312.09		01-Sep-2004		9.990%		KS - 89.99%		Paid Off - 240		01-Aug-2004
82468505 1			271,500.00		271,366.46		08-Sep-2004		9.500%		WA - 84.84%		Paid Off - 360		01-Aug-2004
82534900 1			161,000.00		160,907.37		30-Aug-2004		8.750%		WI - 84.29%		Paid Off - 360		01-Aug-2004
82547324 1			234,567.00		234,451.62		18-Aug-2004		9.500%		IL - 93.83%		Paid Off - 360		01-Aug-2004
82566324 1			163,000.00		162,912.79		26-Aug-2004		9.100%		CO - 88.11%		Paid Off - 360		01-Aug-2004
82638263 1			215,000.00		214,875.01		26-Aug-2004		8.700%		NC - 47.78%		Paid Off - 360		01-Aug-2004
82760380 2			408,000.00		407,605.34		23-Aug-2004		6.150%		MA - 68.34%		Paid Off - 360		01-Aug-2004
82870809 1			117,000.00		116,913.16		10-Sep-2004		7.500%		CA - 90.00%		Paid Off - 360		01-Aug-2004
82983883 1			147,700.00		147,572.83		31-Aug-2004		6.750%		MA - 52.34%		Paid Off - 360		01-Aug-2004
82995309 1			221,000.00		220,894.68		03-Sep-2004		9.650%		WI - 65.00%		Paid Off - 360		01-Aug-2004
83108142 1			320,000.00		319,737.18		02-Sep-2004		6.990%		AZ - 73.75%		Paid Off - 360		01-Aug-2004
83117747 1			312,210.00		312,077.66		10-Aug-2004		10.200%		CA - 90.00%		Paid Off - 360		01-Aug-2004
83125344 1			85,200.00		85,040.37		27-Aug-2004		7.200%		FL - 72.45%		Paid Off - 240		01-Aug-2004
83298729 1			75,000.00		74,924.29		23-Aug-2004		8.250%		WI - 69.10%		Paid Off - 300		01-Aug-2004
83313304 1			125,000.00		124,904.41		26-Aug-2004		7.350%		ME - 89.93%		Paid Off - 360		01-Aug-2004
83514968 1			306,000.00		305,854.18		10-Aug-2004		9.650%		WA - 67.55%		Paid Off - 360		01-Aug-2004
83640003 1			272,000.00		271,858.99		18-Aug-2004		9.250%		CA - 74.85%		Paid Off - 360		01-Aug-2004
84032622 1			259,830.00		259,724.49		18-Aug-2004		10.400%		CO - 90.00%		Paid Off - 360		01-Aug-2004
84141589 1			227,500.00		227,388.09		13-Aug-2004		9.500%		IL - 65.00%		Paid Off - 360		01-Aug-2004
85209666 1			248,200.00		248,200.00		08-Sep-2004		10.100%		FL - 85.00%		Paid Off - 360		01-Sep-2004
85742286 1			90,000.00		90,000.00		23-Aug-2004		11.150%		IL - 42.25%		Paid Off - 360		01-Sep-2004
77679843 1			151,200.00		151,994.83		13-Aug-2004		7.250%		MN - 90.00%		Repur/Subs - 360		01-Aug-2004
78195328 1			132,000.00		131,862.59		30-Aug-2004		9.250%		LA - 80.00%		Repur/Subs - 360		01-Aug-2004
79116521 1			60,775.00		60,729.53		13-Aug-2004		10.800%		NC - 85.00%		Repur/Subs - 360		01-Aug-2004




Page 21 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original						Current		State &		Type Prepayment		First


&		Loan	Principal		Prepayment		Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount		Date		Rate		Origination		Original Term		Date

79275921 1			60,000.00		59,949.99		24-Aug-2004		10.300%		TX - 78.95%		Repur/Subs - 360		01-Aug-2004

79277109 1			157,000.00		156,726.22		24-Aug-2004		6.700%		FL - 76.59%		Repur/Subs - 360		01-Aug-2004
79808622 2			374,000.00		373,347.84		23-Aug-2004		6.700%		NY - 83.11%		Repur/Subs - 360		01-Aug-2004
80362429 2			336,500.00		335,945.63		25-Aug-2004		6.990%		NY - 76.48%		Repur/Subs - 360		01-Aug-2004
80430648 1			104,500.00		104,416.57		23-Aug-2004		10.500%		GA - 83.60%		Repur/Subs - 360		01-Aug-2004
80513765 1			285,000.00		284,623.96		30-Aug-2004		8.100%		CT - 75.00%		Repur/Subs - 360		01-Aug-2004
80850480 1			91,148.00		91,017.62		23-Aug-2004		7.700%		CA - 90.00%		Repur/Subs - 360		01-Aug-2004
80959208 1			212,000.00		211,633.91		24-Aug-2004		6.750%		CA - 62.35%		Repur/Subs - 360		01-Aug-2004
80995921 1			63,000.00		62,712.42		16-Aug-2004		10.650%		TN - 90.00%		Repur/Subs - 180		01-Aug-2004
81130486 1			65,000.00		64,928.57		03-Sep-2004		8.990%		FL - 59.09%		Repur/Subs - 360		01-Aug-2004
81229361 1			105,000.00		104,813.29		17-Aug-2004		6.600%		WA - 69.36%		Repur/Subs - 360		01-Aug-2004
81280042 2			355,000.00		354,304.82		26-Aug-2004		6.100%		CA - 47.97%		Repur/Subs - 360		01-Aug-2004
81499626 1			125,000.00		125,687.90		13-Aug-2004		7.500%		CA - 39.06%		Repur/Subs - 360		01-Aug-2004
81536567 1			108,000.00		108,594.34		13-Aug-2004		7.500%		FL - 80.00%		Repur/Subs - 360		01-Aug-2004
81600264 1			256,000.00		257,021.25		13-Aug-2004		5.990%		CA - 78.77%		Repur/Subs - 360		01-Aug-2004
81770521 1			61,200.00		61,143.85		23-Aug-2004		9.850%		LA - 85.00%		Repur/Subs - 360		01-Aug-2004
81813024 1			93,500.00		93,397.26		19-Aug-2004		8.990%		TN - 85.00%		Repur/Subs - 360		01-Aug-2004
81872624 1			76,500.00		76,396.78		03-Sep-2004		7.990%		FL - 82.24%		Repur/Subs - 360		01-Aug-2004
81938342 1			195,000.00		196,005.78		13-Aug-2004		7.150%		CA - 80.58%		Repur/Subs - 360		01-Aug-2004
81973182 1			133,000.00		132,718.95		13-Aug-2004		5.700%		FL - 85.26%		Repur/Subs - 360		01-Aug-2004
82001405 2			569,000.00		568,109.56		01-Sep-2004		7.250%		CA - 87.54%		Repur/Subs - 360		01-Aug-2004
82020868 1			296,250.00		296,095.85		13-Aug-2004		12.450%		FL - 75.00%		Repur/Subs - 360		01-Aug-2004
82074485 1			70,000.00		69,947.05		19-Aug-2004		10.750%		NC - 57.38%		Repur/Subs - 360		01-Aug-2004
82187782 1			249,999.00		249,558.78		03-Sep-2004		6.650%		CA - 87.02%		Repur/Subs - 360		01-Aug-2004
82231440 1			117,000.00		116,864.88		17-Aug-2004		8.750%		TN - 90.00%		Repur/Subs - 360		01-Aug-2004
82260167 1			139,500.00		139,346.71		23-Aug-2004		8.990%		NC - 90.00%		Repur/Subs - 360		01-Aug-2004
82267048 1			80,176.00		80,078.50		30-Aug-2004		8.500%		FL - 61.67%		Repur/Subs - 360		01-Aug-2004
82274309 2			456,000.00		455,327.79		13-Aug-2004		7.550%		CA - 74.88%		Repur/Subs - 360		01-Aug-2004
82275561 2			599,999.00		599,002.73		24-Aug-2004		6.950%		FL - 76.92%		Repur/Subs - 360		01-Aug-2004
82345901 1			190,000.00		189,620.03		17-Aug-2004		5.990%		CA - 65.64%		Repur/Subs - 360		01-Aug-2004
82347824 1			234,000.00		233,809.14		03-Sep-2004		10.400%		CA - 75.00%		Repur/Subs - 360		01-Aug-2004
82388364 1			93,500.00		94,059.27		13-Aug-2004		7.990%		FL - 85.00%		Repur/Subs - 360		01-Aug-2004
82406489 1			134,900.00		135,508.10		13-Aug-2004		6.500%		MI - 95.00%		Repur/Subs - 360		01-Aug-2004
82543067 1			123,750.00		123,500.61		13-Aug-2004		5.950%		MI - 80.88%		Repur/Subs - 360		01-Aug-2004
82557364 1			186,288.00		184,931.35		19-Aug-2004		5.350%		FL - 82.00%		Repur/Subs - 180		01-Aug-2004
82589086 1			126,000.00		125,792.42		30-Aug-2004		6.990%		FL - 90.00%		Repur/Subs - 360		01-Aug-2004
82599101 1			100,000.00		99,832.30		13-Aug-2004		6.900%		FL - 51.80%		Repur/Subs - 360		01-Aug-2004
82600404 1			65,000.00		64,959.61		26-Aug-2004		11.650%		CA - 72.22%		Repur/Subs - 360		01-Aug-2004




Page 22 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original						Current		State &		Type Prepayment		First


&		Loan	Principal		Prepayment		Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount		Date		Rate		Origination		Original Term		Date

82688847 1			151,300.00		151,095.86		13-Aug-2004		7.990%		MO - 85.00%		Repur/Subs - 360		01-Aug-2004

82711722 2			386,000.00		385,184.37		07-Sep-2004		5.700%		FL - 20.86%		Repur/Subs - 360		01-Aug-2004
82726845 1			192,000.00		191,627.61		17-Aug-2004		6.150%		TX - 80.00%		Repur/Subs - 360		01-Aug-2004
82787086 1			69,750.00		69,655.89		17-Aug-2004		7.990%		MO - 75.00%		Repur/Subs - 360		01-Aug-2004
82942525 1			115,000.00		114,818.24		24-Aug-2004		7.200%		MD - 71.88%		Repur/Subs - 360		01-Aug-2004
82952367 1			96,523.00		96,204.22		30-Aug-2004		8.250%		FL - 58.50%		Repur/Subs - 240		01-Aug-2004
82968843 1			212,000.00		211,552.04		30-Aug-2004		5.700%		CA - 31.99%		Repur/Subs - 360		01-Aug-2004
82974320 1			62,000.00		61,929.86		13-Aug-2004		8.850%		MI - 56.36%		Repur/Subs - 360		01-Aug-2004
83002063 1			250,000.00		249,696.01		03-Sep-2004		8.500%		CA - 74.63%		Repur/Subs - 360		01-Aug-2004
83029785 1			70,500.00		70,439.33		23-Aug-2004		10.150%		NC - 75.00%		Repur/Subs - 360		01-Aug-2004
83113266 1			96,000.00		96,466.49		13-Aug-2004		6.850%		FL - 84.96%		Repur/Subs - 360		01-Aug-2004
83136200 1			130,000.00		129,759.70		23-Aug-2004		6.400%		CT - 78.79%		Repur/Subs - 360		01-Aug-2004
83155804 1			225,000.00		224,637.27		19-Aug-2004		7.100%		WA - 90.00%		Repur/Subs - 360		01-Aug-2004
83187609 1			210,799.00		210,469.10		13-Aug-2004		7.250%		FL - 76.65%		Repur/Subs - 360		01-Aug-2004
83210682 1			297,000.00		296,544.36		01-Sep-2004		7.350%		AL - 90.00%		Repur/Subs - 360		01-Aug-2004
83227389 1			65,000.00		64,932.34		23-Aug-2004		9.250%		FL - 76.47%		Repur/Subs - 360		01-Aug-2004
83311563 1			159,999.00		159,682.67		13-Aug-2004		6.050%		FL - 80.00%		Repur/Subs - 360		01-Aug-2004
83313882 1			111,000.00		111,477.89		13-Aug-2004		6.300%		FL - 79.29%		Repur/Subs - 360		01-Aug-2004
83325886 1			321,000.00		320,522.05		16-Aug-2004		7.500%		CO - 84.92%		Repur/Subs - 360		01-Aug-2004
83372763 1			100,000.00		99,890.11		01-Sep-2004		8.990%		CA - 79.57%		Repur/Subs - 360		01-Aug-2004
83392720 1			138,750.00		138,597.53		24-Aug-2004		8.990%		LA - 75.00%		Repur/Subs - 360		01-Aug-2004
83636381 1			294,850.00		294,440.77		19-Aug-2004		7.850%		FL - 84.73%		Repur/Subs - 360		01-Aug-2004
83647743 1			124,000.00		123,859.72		13-Aug-2004		8.850%		WI - 84.35%		Repur/Subs - 360		01-Aug-2004
83675264 1			208,500.00		208,087.78		23-Aug-2004		6.050%		CA - 81.86%		Repur/Subs - 360		01-Aug-2004
83716647 1			160,000.00		159,736.41		01-Sep-2004		6.990%		CA - 45.71%		Repur/Subs - 360		01-Aug-2004
83781864 1			88,083.00		87,960.74		01-Sep-2004		7.850%		AR - 57.20%		Repur/Subs - 360		01-Aug-2004
83908806 1			208,000.00		207,657.32		25-Aug-2004		6.990%		CA - 64.00%		Repur/Subs - 360		01-Aug-2004
83986661 1			250,000.00		249,588.14		30-Aug-2004		6.990%		CA - 53.19%		Repur/Subs - 360		01-Aug-2004
84028166 1			72,000.00		71,920.86		13-Aug-2004		8.990%		FL - 84.81%		Repur/Subs - 360		01-Aug-2004
84129865 1			143,600.00		143,435.86		24-Aug-2004		8.800%		FL - 71.80%		Repur/Subs - 360		01-Aug-2004
84188168 1			176,050.00		175,771.75		01-Sep-2004		7.200%		FL - 44.01%		Repur/Subs - 360		01-Aug-2004
84218288 1			145,260.00		145,058.39		19-Aug-2004		7.850%		MN - 90.00%		Repur/Subs - 360		01-Aug-2004
84291962 1			138,000.00		137,794.52		26-Aug-2004		7.500%		IN - 83.64%		Repur/Subs - 360		01-Aug-2004
84313006 1			75,000.00		74,908.80		03-Sep-2004		8.500%		CA - 74.93%		Repur/Subs - 360		01-Aug-2004
84378546 1			150,500.00		150,245.14		13-Aug-2004		6.850%		CA - 52.62%		Repur/Subs - 360		01-Aug-2004


TOTAL			42,147,662.00		42,040,158.01



Page 23 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



										Group 2		Group 1		Total


*Current*




Number of Loans Liquidated									0		0		0
Collateral Principal Realized Loss/(Gain) Amount									0.00		0.00		0.00
Collateral Interest Realized Loss/(Gain) Amount									0.00		0.00		0.00
Net Liquidation Proceeds									0.00		0.00		0.00

*Cumulative*




Number of Loans Liquidated									0		0		0
Collateral Realized Loss/(Gain) Amount									0.00		0.00		0.00
Net Liquidation Proceeds									0.00		0.00		0.00










Page 24 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution


DEFAULT SPEEDS



										Group 2		Group 1		Total



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


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


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


Loss Severity Approximation for Current Period									0.00%		0.00%		0.00%
3 Months Avg Loss Severity Approximation									0.00%		0.00%		0.00%
12 Months Avg Loss Severity Approximation									0.00%		0.00%		0.00%
Avg Loss Severity Approximation Since Cut-off									0.00%		0.00%		0.00%












Page 25 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution





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 26 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution
Realized Loss Detail Report
Loan Number			Original		Prior			Current		State &

													First
&			Principal		Principal	Realized		Note		LTV at		Original		Payment

Loan Group			Balance		Balance	Loss/(Gain)		Rate		Origination		Term		Date

SPACE INTENTIONALLY LEFT BLANK




TOTAL



Page 27 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS

									Group 2		Group 1		Total
Does a Trigger Event Exist? (0=No,1=Yes)													0
Has a Stepdown Date Occurred? (0=No,1=Yes)													0



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION

									Group 2		Group 1		Total
Current LIBOR Rate													1.525000%
Next LIBOR Rate													1.840000%




Page 28 of 29
Ameriquest Mortgage Securities, Inc. 2004-R8

Mortgage Pass-Through Certificates

REMIC 2004-R8

September 27, 2004 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

									Next Pass Through Rate			NET WAC Shortfall CarryOver		NET WAC Shortfall Paid
CLASS

			A-1						2.13%			$0.00		$0.00

			A-2						2.00%			$0.00		$0.00

			A-3						2.14%			$0.00		$0.00

			A-4						2.36%			$0.00		$0.00

			A-5						2.21%			$0.00		$0.00

			M-1						2.48%			$0.00		$0.00

			M-2						2.52%			$0.00		$0.00

			M-3						2.57%			$0.00		$0.00

			M-4						3.04%			$0.00		$0.00

			M-5						3.12%			$0.00		$0.00

			M-6						3.29%			$0.00		$0.00

			M-7						3.77%			$0.00		#######

			M-8						3.99%			$0.00		#######

			M-9						4.59%			$0.00		#######

			M-10						4.34%			$0.00		#######

			CE						0.00%			$0.00		$0.00

			P						0.00%			$0.00		$0.00

			R						0.00%			$0.00		$0.00







Page 29 of 29

AMERIQUEST MORTGAGE SECURITIES INC ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2004-R8 8-K