Cendant Mortgage Corporation  Mortgage Pass-Through Certificates,
Series 2004-4
Distribution
Date:9/27/2004
Record
Date:8/31/2004

Distribution
Summary

DISTRIBUTION IN
DOLLARS

                                       Prior         Pass-                                                                                   Current
                 Original              Principal     Through       Interest    Principal   Total          Deferred               Realized    Principal
Class            Balance               Balance       Rate          Distributed Distributed Distributed    Interest               Loss        Balance
(1)              (2)                   (3)           (4)           (5)         (6)         (7)=(5+6)      (8)                    (9)         (10)=(3-6+8-9)

A1               20,985,242.00         20,985,242.00 5.937730%     103,837.24  436,164.29  540,001.53     0.00                   0.00        20,549,077.71

A2               2,897,961.00          2,897,961.00  5.937730%     0.00        0.00        0.00           14,339.42              0.00        2,912,300.42

A3               19,893,595.00         19,893,595.00 4.337730%     71,910.86   0.00        71,910.86      0.00                   0.00        19,893,595.00

A4               13,047,015.00         13,047,015.00 5.937730%     64,558.04   432,224.54  496,782.58     0.00                   0.00        12,614,790.46

A5               9,670,879.00          9,670,879.00  5.937730%     47,852.55   320,379.12  368,231.67     0.00                   0.00        9,350,499.88

A6               30,027,956.00         30,027,956.00 5.937730%     148,581.57  530,353.44  678,935.01     0.00                   0.00        29,497,602.56

A7               4,826,132.00          4,826,132.00  5.937730%     0.00        0.02        0.02           23,880.22              0.00        4,850,012.20

A8               2,067,299.00          2,067,299.00  5.937730%     0.00        0.00        0.00           10,229.22              0.00        2,077,528.22

A9               15,134,090.00         15,134,090.00 8.040912%     0.00        0.00        0.00           101,409.91             0.00        15,235,499.91

B1               5,612,225.00          5,612,225.00  5.937730%     27,769.90   5,286.62    33,056.52      0.00                   0.00        5,606,938.38

B2               819,763.00            819,763.00    5.937730%     4,056.28    772.20      4,828.48       0.00                   0.00        818,990.80

B3               441,411.00            441,411.00    5.937730%     2,184.15    415.80      2,599.95       0.00                   0.00        440,995.20

B4               252,235.00            252,235.00    5.937730%     1,248.09    237.60      1,485.69       0.00                   0.00        251,997.40

B5               252,235.00            252,235.00    5.937730%     1,248.09    237.60      1,485.69       0.00                   0.00        251,997.40

B6               189,176.02            189,176.02    5.937730%     936.06      178.20      1,114.26       0.00                   0.00        188,997.82

RI               100.00                100.00        5.937730%     0.49        100.00      100.49         0.00                   0.00        0.00

RII              100.00                100.00        5.937730%     0.49        100.00      100.49         0.00                   0.00        0.00

Totals           126,117,414.02        126,117,414.02              474,183.81  1,726,449.432,200,633.24   149,858.77             0.00        123,847,830.74

Distribution Summary (Factors)

PER $1,000 OF ORIGINAL BALANCE

                                       Prior                                                                                     Current
                                       Principal     Interest      Principal   Total       Deferred       Realized               Principal
                                                     Distributed
Class            CUSIP                 Balance       (5/2 x 1000)  Distributed Distributed Interest       Loss                   Balance
                                       (3/2 x 1000)                (6/2 x 1000)(7/2 x 1000)(8/2 x 1000)   (9/2 x 1000)           (10/2 x
                                                                                                                                 1000)

A1               15132EJP4             1,000.000000  4.948108      20.784335   25.732442   0.000000       0.000000               979.215665

A2               15132EJQ2             1,000.000000  0.000000      0.000000    0.000000    4.948107       0.000000               1,004.948107

A3               15132EJR0             1,000.000000  3.614775      0.000000    3.614775    0.000000       0.000000               1,000.000000

A4               15132EJS8             1,000.000000  4.948108      33.128232   38.076340   0.000000       0.000000               966.871768

A5               15132EJT6             1,000.000000  4.948108      33.128232   38.076339   0.000000       0.000000               966.871768

A6               15132EJU3             1,000.000000  4.948108      17.661989   22.610097   0.000000       0.000000               982.338011

A7               15132EJV1             1,000.000000  0.000000      0.000004    0.000004    4.948108       0.000000               1,004.948103

A8               15132EJW9             1,000.000000  0.000000      0.000000    0.000000    4.948109       0.000000               1,004.948109

A9               15132EJX7             1,000.000000  0.000000      0.000000    0.000000    6.700760       0.000000               1,006.700760

B1               15132EKA5             1,000.000000  4.948109      0.941983    5.890092    0.000000       0.000000               999.058017

B2               15132EKB3             1,000.000000  4.948113      0.941980    5.890093    0.000000       0.000000               999.058020

B3               15132EKC1             1,000.000000  4.948110      0.941979    5.890089    0.000000       0.000000               999.058021

B4               15132EKD9             1,000.000000  4.948124      0.941979    5.890102    0.000000       0.000000               999.058021

B5               15132EKE7             1,000.000000  4.948124      0.941979    5.890102    0.000000       0.000000               999.058021

B6               15132EKF4             1,000.000000  4.948090      0.941980    5.890070    0.000000       0.000000               999.058020

RI               15132EJY5             1,000.000000  4.900000      1,000.0000001,004.9000000.000000       0.000000               0.000000

RII              15132EJZ2             1,000.000000  4.900000      1,000.0000001,004.9000000.000000       0.000000               0.000000

Interest
Distribution
Detail

DISTRIBUTION IN
DOLLARS

                 Prior                 Pass-         Optimal       Prior       Non-Recov                                                     Current
                 Principal             Through       Accrued       Unpaid      Interest    Interest       Deferred               Interest    Unpaid
                                                                                                                                 Distributed
Class            Balance               Rate          Interest      Interest    Shortfall   Due            Interest               (9)         Interest
(1)              (2)                   (3)           (4)           (5)         (6)         (7)=(4)+(5)-(6)(8)                                (10)=(7)-(8)-(9)

A1               20,985,242.00         5.937730%     103,837.24    0.00        0.00        103,837.24     0.00                   103,837.24  0.00

A2               2,897,961.00          5.937730%     14,339.42     0.00        0.00        14,339.42      14,339.42              0.00        0.00

A3               19,893,595.00         4.337730%     71,910.86     0.00        0.00        71,910.86      0.00                   71,910.86   0.00

A4               13,047,015.00         5.937730%     64,558.04     0.00        0.00        64,558.04      0.00                   64,558.04   0.00

A5               9,670,879.00          5.937730%     47,852.55     0.00        0.00        47,852.55      0.00                   47,852.55   0.00

A6               30,027,956.00         5.937730%     148,581.57    0.00        0.00        148,581.57     0.00                   148,581.57  0.00

A7               4,826,132.00          5.937730%     23,880.22     0.00        0.00        23,880.22      23,880.22              0.00        0.00

A8               2,067,299.00          5.937730%     10,229.22     0.00        0.00        10,229.22      10,229.22              0.00        0.00

A9               15,134,090.00         8.040912%     101,409.91    0.00        0.00        101,409.91     101,409.91             0.00        0.00

B1               5,612,225.00          5.937730%     27,769.90     0.00        0.00        27,769.90      0.00                   27,769.90   0.00

B2               819,763.00            5.937730%     4,056.28      0.00        0.00        4,056.28       0.00                   4,056.28    0.00

B3               441,411.00            5.937730%     2,184.15      0.00        0.00        2,184.15       0.00                   2,184.15    0.00

B4               252,235.00            5.937730%     1,248.09      0.00        0.00        1,248.09       0.00                   1,248.09    0.00

B5               252,235.00            5.937730%     1,248.09      0.00        0.00        1,248.09       0.00                   1,248.09    0.00

B6               189,176.02            5.937730%     936.06        0.00        0.00        936.06         0.00                   936.06      0.00

RI               100.00                5.937730%     0.49          0.00        0.00        0.49           0.00                   0.49        0.00

RII              100.00                5.937730%     0.49          0.00        0.00        0.49           0.00                   0.49        0.00

  Totals         126,117,414.02                      624,042.58    0.00        0.00        624,042.58     149,858.77             474,183.81  0.00

Principal
Distribution
Detail

DISTRIBUTION IN
DOLLARS

                                       Prior                                   Current     Current        Current                Cumulative
                 Original              Principal     Principal     Accreted    Realized    Principal      Principal              Realized
Class            Balance               Balance       Distribution  Principal   Losses      Recoveries     Balance                Losses
(1)              (2)                   (3)           (4)           (5)         (6)         (7)            (8)=(3)-(4)+(5)-(6)+(7)(9)

A1               20,985,242.00         20,985,242.00 436,164.29    0.00        0.00        0.00           20,549,077.71          0.00

A2               2,897,961.00          2,897,961.00  0.00          14,339.42   0.00        0.00           2,912,300.42           0.00

A3               19,893,595.00         19,893,595.00 0.00          0.00        0.00        0.00           19,893,595.00          0.00

A4               13,047,015.00         13,047,015.00 432,224.54    0.00        0.00        0.00           12,614,790.46          0.00

A5               9,670,879.00          9,670,879.00  320,379.12    0.00        0.00        0.00           9,350,499.88           0.00

A6               30,027,956.00         30,027,956.00 530,353.44    0.00        0.00        0.00           29,497,602.56          0.00

A7               4,826,132.00          4,826,132.00  0.02          23,880.22   0.00        0.00           4,850,012.20           0.00

A8               2,067,299.00          2,067,299.00  0.00          10,229.22   0.00        0.00           2,077,528.22           0.00

A9               15,134,090.00         15,134,090.00 0.00          101,409.91  0.00        0.00           15,235,499.91          0.00

B1               5,612,225.00          5,612,225.00  5,286.62      0.00        0.00        0.00           5,606,938.38           0.00

B2               819,763.00            819,763.00    772.20        0.00        0.00        0.00           818,990.80             0.00

B3               441,411.00            441,411.00    415.80        0.00        0.00        0.00           440,995.20             0.00

B4               252,235.00            252,235.00    237.60        0.00        0.00        0.00           251,997.40             0.00

B5               252,235.00            252,235.00    237.60        0.00        0.00        0.00           251,997.40             0.00

B6               189,176.02            189,176.02    178.20        0.00        0.00        0.00           188,997.82             0.00

RI               100.00                100.00        100.00        0.00        0.00        0.00           0.00                   0.00

RII              100.00                100.00        100.00        0.00        0.00        0.00           0.00                   0.00

  Totals         125,675,803.00        126,117,414.021,726,449.43  471,998.68  1,725,833.630.00           124,540,823.36         0.00

Collateral
Summary

ASSET
CHARACTERISTICS

                 Cut-Off               Prior         Current

Aggregate Stated
Principal Balance126,117,414.02        126,117,414.02124,540,823.36

Loan Count       263                   263           261

Weighted Average
Coupon Rate (WAC)6.200230%             6.200230%     6.191790%

Net Weighted
Average Coupon   5.937730%             5.937730%     5.929290%
Rate (Net WAC)

Weighted Average
Maturity (WAM in 359                   359           358
months)

AVAILABLE
PRINCIPAL        AVAILABLE INTEREST

Scheduled
Interest         651,630.83
Curtailments     7,790.01
Less:            Servicing Fees Net of 26,274.42
                 Trustee Fees
Trustee Fees     1,313.82
Uncompensated
PPIS             0.00
Relief Act
Shortfall        0.00
Extraordinary
Trust Fund       0.00
Expenses
Primary Mortgage
Insurance        0.00
TOTAL AVAILABLE
PRINCIPAL        0.00
TOTAL AVAILABLE
INTEREST         624,042.59
Current Realized
Losses           0.00
Cumulative
Realized Losses  0.00

Delinquency
Information

                 1 Month               2 Months      3+ Months     Totals

Delinquency

Scheduled
Principal Balance346,175.56            0.00          0.00          346,175.56
Percentage of
Total Pool       0.2780%               0.0000%       0.0000%       0.2780%
Balance
Number of Loans  1                     0             0             1

Percentage of
Total Loans      0.3831%               0.0000%       0.0000%       0.3831%
Bankruptcy

Scheduled
Principal Balance                      0.00          0.00          0.00        0.00
Percentage of Total Pool Balance       0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                        0             0             0           0
Percentage of
Total Loans                            0.0000%       0.0000%       0.0000%     0.0000%

Foreclosure

Scheduled
Principal Balance                      0.00          0.00          0.00        0.00
Percentage of Total Pool Balance       0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                        0             0             0           0
Percentage of
Total Loans                            0.0000%       0.0000%       0.0000%     0.0000%

REO

Scheduled
Principal Balance                      0.00          0.00          0.00        0.00
Percentage of Total Pool Balance       0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                        0             0             0           0
Percentage of
Total Loans                            0.0000%       0.0000%       0.0000%     0.0000%

Total

Scheduled
Principal Balance                      346,175.56    0.00          0.00        346,175.56
Percentage of Total Pool Balance       0.2780%       0.0000%       0.0000%     0.2780%

Number of Loans                        1             0             0           1
Percentage of
Total Loans                            0.3831%       0.0000%       0.0000%     0.3831%

Principal and
Interest Advances47,921.27

Other Information

Trigger
Information

Has the Class A2
Accretion
Termination Date No
Been Reached?
Has the Class A7
Accretion
Termination Date No
Been Reached?
Has the Class A8
Accretion
Termination Date No
Been Reached?
Has the Class A9
Accretion
Termination Date No
Been Reached?
Has the Credit
Support Depletion
Date Been        No
Reached?

Senior Percentage94.000000%
Senior Prepayment
Percentage       100.000000%

CONTACT
INFORMATION      CONTENTS

Distribution
Summary          2
Depositor        Cendant Mortgage
                 Capital LLC
Distribution
Summary          2
(Factors)

Mt. Laurel, NJ
08054
Interest
Distribution     2
Underwriter      William J. Mayer
                 Securities, LLC
60 Arch Street
Principal
Distribution     2
Greenwich, CT
06830

Collateral
Summary          2
3000 Leadenhall
Road

Delinquency
Information      2

Trustee          Citibank, N.A.
Other Information2

New York, NY
10005

Deal Contact:    Kristen Driscoll      Citibank, N.A.
kristen.driscoll@citigroup.com         Agency and
                                       Trust
Tel: (212)                             111 Wall
657-2186                               Street, 14th
                                       Floor, Zone 3
Fax: (212)                             New York, NY
657-4009                               10005

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                 www.sf.citidirect.com 2004 Citigroup

CDMC MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2004-4 8-K