Ameriquest Mortgage Sec Inc Asset Back Cert Ser 2003 Ar1 8-K Other events

                           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):  February 25, 2003


                      AMERIQUEST MORTGAGE SECURITIES INC.
          (as depositor, Ameriquest Mortgage Company, Master Servicer,
             and Deutsche Bank National Trust Company, as Trustee).

            AMERIQUEST MORTGAGE SEC INC ASSET BACK CERT SER 2003-AR1
            (Exact name of Registrant as specified in its Charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-77012-09                          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) 541-9960


     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
     February 25, 2003.




                                     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 January 1,2003.


          Date:  Feb 27, 2003               By:  /s/ David Co
                                            David Co
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

          Monthly Remittance Statement to the Certificateholders
          dated as of February 25, 2003.






			

	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	February 25, 2003 Distribution
	Contents
			TABLE OF CONTENTS
								Page
			1.	Contents				1
			2.	Certificate Payment Report				2
			3.	Collection Account Report				6
			4.	Credit Enhancement Report				9
			5.	Collateral Report				10
			6.	Delinquency Report				13
			7.	REO Report				16
			8.	Foreclosure Report				17
			9.	Prepayment Report				18
			10.	Prepayment Detail Report				21
			11.	Realized Loss Report				22
			12.	Realized Loss Detail Report				25
			13.	Triggers, Adj. Rate Cert. and Miscellaneous Report				26
		;
				Total Number of Pages				26
			CONTACTS
	& nbsp;			Administrator: Valerie M Delgado
				Direct Phone Number: (714)247-6273
				Address: Deutsche Bank
				1761 E. St. Andrew Place, Santa Ana, CA 92705
				Web Site: https://www.corporatetrust.db.com/invr	&n bsp;
				Factor Information: (800) 735-7777
				Main Phone Number: (714) 247-6000
								&n bsp;
ISSUANCE INFORMATION
	Seller:		Ameriquest Mtg Sec Inc					Cut-Off Date: January 1, 2003
	Certificate Insurer(s):							Closing Date: January 17, 2003
								First Payment Date: February 25, 2003
	Servicer(s):		Ameriquest Mortgage Corp Master Servicer
								Distribution Date: February 25, 2003
	Underwriter(s):		UBS Warburg Underwriter					Record Date: February 24, 2003
								January 31, 2003
						Page 1 of 26					© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	REMIC I
	Certificate Payment Report for February 25, 2003 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	&n bsp;	400,005,198.88			400,005,198.88	2,114,951.44	441,586.47	2,556,537.91	-	-	399,563,612.41
Total		400,005,198.88			400,005,198.88	2,114,951.44	441,586.47	2,556,537.91	-	-	399,563,612.41
	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				A-Act/360		400,005,198.88	1,000.000000	5.287310	1.103952	6.391262	998.896048
							Page 2 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	REMIC I
	Certificate Payment Report for February 25, 2003 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	400,005,198.88		2,114,951.44		-	441,586.47	441,586.47	2,556,537.91	-	-	399,563,612.41
Total	400,005,198.88		2,114,951.44		-	441,586.47	441,586.47	2,556,537.91	-	-	399,563,612.41
	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	6.34477%	400,005,198.88			2,114,951.44	-	-	-	2,114,951.44	2,114,951.44	-
Total		400,005,198.88			2,114,951.44	-	-	-	2,114,951.44	2,114,951.44	-
							Page 3 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	REMIC II
	Certificate Payment Report for February 25, 2003 Distribution
	&nb sp;
	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
A-1		238,211,000.00			238,211,000.00	479,027.43	325,710.26	804,737.69	-	-	237,885,289.74
A-2		109,794,000.00			109,794,000.00	220,788.87	115,855.33	336,644.20	-	-	109,678,144.67
M-1		17,000,000.00			17,000,000.00	46,340.94	-	46,340.94	-	-	17,000,000.00
M-2		14,000,000.00			14,000,000.00	52,571.46	-	52,571.46	-	-	14,000,000.00
M-3		12,000,000.00			12,000,000.00	56,761.25	-	56,761.25	-	-	12,000,000.00
M-4		3,000,000.00			3,000,000.00	15,000.00	-	15,000.00	-	-	3,000,000.00
CE		6,000,098.88			6,000,098.88	1,244,461.49	20.88	1,244,482.37	-	-	6,000,078.00
P		100.00			100.00	-	-	-	-	-	100.00
R		-			-	-	-	-	-	-	-
Total		400,005,198.88			400,005,198.88	2,114,951.44	441,586.47	2,556,537.91	-	-	399,563,612.41
	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	Interes t	Principal	Distribution	Balance
							(1)	(2)	(3)	(4)=(2)+(3)	(5)
A-1	01/17/03	02/24/03		A-Act/360	03072SEG6	238,211,000.00	1,000.000000	2.010937	1.367318	3.378256	998.632682
A-2	01/17/03	02/24/03		A-Act/360	03072SEH4	109,794,000.00	1,000.000000	2.010937	1.055206	3.066144	998.944794
M-1	01/17/03	02/24/03		A-Act/360	03072SEJ0	17,000,000.00	1,000.000000	2.725938	-	2.725938	1,000.000000
M-2	01/17/03	02/24/03		A-Act/360	03072SEK7	14,000,000.00	1,000.000000	3.755104	-	3.755104	1,000.000000
M-3	01/17/03	02/24/03		A-Act/360	03072SEL5	12,000,000.00	1,000.000000	4.730104	-	4.730104	1,000.000000
M-4				A-30/360	03072SEM3	3,000,000.00	1,000.000000	5.000000	-	5.000000	1,000.000000
CE				A-30/360		6,000,098.88	1,000.000000	207.406831	0.003480	207.410311	999.996520
P				A-A ct/360		100.00	1,000.000000	-	-	-	1,000.000000
R				A-Act/360		-	-	-	-	-	-
							Page 4 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	REMIC II
	Certificate Payment Report for February 25, 2003 Distribution
	Distribution in Dollars - to Date
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Int erest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
A-1	238,211,000.00		479,027.43		106,416.93	219,293.33	325,710.26	804,737.69	-	-	237,885,289.74
A-2	109,794,000.00		220,788.87		37,852.56	78,002.77	115,855.33	336,644.20	-	-	109,678,144.67
M-1	17,000,000.00		46,340.94		-	-	-	46,340.94	-	-	17,000,000.00
M-2	14,000,000.00		52,571.46		-	-	-	52,571.46	-	-	14,000,000.00
M-3	12,000,000.00		56,761.25		-	-	-	56,761.25	-	-	12,000,000.00
M-4	3,000,000.00		15,000.00		-	-	-	15,000.00	-	-	3,000,000.00
CE	6,000,098.88		1,244,461.49		6.82	14.06	20.88	1,244,482.37	-	-	6,000,078.00
P	100.00		-		-	-	-	-	-	-	100.00
R	-		-		-	-	-	-	-	-	-
Total	400,005,198.88		2,114,951.44		144,276.31	297,310.16	441,586.47	2,556,537.91	-	-	399,563,612.41
	Intere st Detail
	Pass-	Prior Principal		Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Noti onal)			Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance			Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
					(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
A-1	1.85625%	238,211,000.00			479,027.43	-	-	-	479,027.43	479,027.43	-
A-2	1.85625%	109,794,000.00			220,788.87	-	-	-	220,788. 87	220,788.87	-
M-1	2.51625%	17,000,000.00			46,340.94	-	-	-	46,340.94	46,340.94	-
M-2	3.46625%	14,000,000.00			52,571.46	-	-	-	52,571.46	52,571.46	-
M-3	4.36625%	12,000,000.00			56,761.25	-	-	-	56,761.25	56,761.25	-
M-4	6.00000%	3,000,000.00			15,000.00	-	-	-	15,000.00	15,000.00	-
CE		6,000,098.88			1,244,461.49	-	-	-	1,244,461.49	1,244,461.49	-
P		100.00			-	-	-	-	-	-	-
R		-			-	-	-	-	-	-	-
Total		400,005,198.88			2,114,951.44	-	-	-	2,114,951.44	2,114,951.44	-
							Page 5 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Collection Account Report for February 25, 2003 Distribution
	Collection Account Report
��
SUMMARY						GROUP 2	GROUP 1	TOTAL
	Principal Collections					115,860.81	325,725.66	441,586.47
	Principal Other Accounts					0.00	0.00	0.00
	TOTAL NET PRINCIPAL					115,860.81	325,725.66	441,586.47
	Interest Collections					766,768.23	1,807,678.89	2,574,447.12
	Interest Withdrawals					0.00	0.00	0.00
	Interest Other Accounts					0.00	0.00	0.00
	Interest Fees					(132,554.72)	(326,940.96)	(459,495.68)
	TOTAL NET INTEREST					634,213.51	1,480,737.93	2,114,951.44
	TOTAL AVAILABLE FUNDS FOR DISTRIBUTION					750,074.32	1,806,463.59	2,556,537.91
PRINCIPAL - COLLECTIONS						GROUP 2	GROUP 1	TOTAL
	Scheduled Principal Received					104,825.26	192,484.90	297,310.16
	Prepayments In Full					0.00	116,910.00	116,910.00
	Curtailments					11,035.55	16,330.76	27,366.31
	Liquidations					0.00	0.00	0.00
	Insurance Principal					0.00	0.00	0.00
	Repurchased Principal Amounts					0.00	0.00	0.00
	Other Principal					0.00	0.00	0.00
	Total Realized Loss Of Principal					0.00	0.00	0.00
	Delinquent Principal					(34,485.02)	(55,252.32)	(89,737.34)
	Advanced Principal					34,485.02	55,252.32	89,737.34
	TOTAL PRINCIPAL COLLECTED					115,860.81	325,725.66	441,586.47
				&nbs p;
				Page 6 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Collection Account Report for February 25, 2003 Distribution
	Collection Account Report
PRINCIPAL - WITHDRAWALS						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS						GROUP 2	GROUP 1	TOTAL
&nb sp;
	TOTAL OTHER ACCOUNTS PRINCIPAL					0.00	0.00	0.00
INTEREST - COLLECTIONS						GROUP 2	GROUP 1	TOTAL
	Scheduled Interest					785,057.34	1,840,916.82	2,625,974.16
	Liquidation Interest					0.00	0.00	0.00
	Repurchased Interest					0.00	0.00	0.00
	Insurance Interest					0.00	0.00	0.00
	Other Interest					0.00	0.00	0.00
	Relief Act Interest Shortfalls					0.00	0.00	0.00	&n bsp;
	Prepayment Interest Shortfalls					0.00	0.00	0.00
	Compensating Interest					0.00	0.00	0.00
	Delinquent Interest					(277,004.15)	(536,751.55)	(813,755.70)
	Interest Advanced					258,715.04	503,513.62	762,228.66
	TOTAL INTEREST COLLECTED					766,768.23	1,807,678.89	2,574,447.12
				Page 7 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Collection Account Report for February 25, 2003 Distribution
	&nb sp;
	Collection Account Report
&nbs p;
INTEREST - WITHDRAWALS						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 2	GROUP 1	TOTAL		& nbsp;
	Prepayment Charges							0.00
	Capitalized Interest Requirement							0.00
	TOTAL INTEREST OTHER ACCOUNTS							0.00
INTEREST - FEES						GROUP 2	GROUP 1	TOTAL
	Current Servicing Fees					34,293.93	80,847.86	115,141.79
	PMI Insurance Premium					97,577.21	244,609.98	342,187.19
	Trustee Fee					683.58	1,483.12	2,166.69
	TOTAL INTEREST OTHER FEES					132,554.72	326,940.96	459,495.68
				Page 8 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Credit Enhancement Report for February 25, 2003 Distribution
	Credit Enhancement Report
ACCOUNTS						GROUP 2	GROUP 1	TOTAL
	Net WAC Rate Carryover Reserve Account							1,000.00
INSURANCE						GROUP 2	GROUP 1	TOTAL
	Payments received under PMI policy							0.00
	Claims denied under PMI policy							0.00
	Cumulative Payments received un der PMI policy							0.00
	Cumulative Claims denied under PMI policy							0.00
STRUCTURAL FEATURES						GROUP 2	GROUP 1	TOTAL
	Overcollateralized Amount							6,000,078.00
	Overcollateralization Release Amount							20.88
	Overcollateralization Deficiency Amount							0.00
	Overcollateralization Target Amount							6,000,078.00
	Excess Overcollateralization Amount							20.88
				Page 9 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Collateral Report for February 25, 2003 Distribution
	Collateral Report
COLLATERAL						GROUP 2	GR OUP 1	TOTAL
	Loan Count:
	Original					536	1786	2322
	Prior					-	-	-
	Prefunding					-	-	-
	Scheduled Paid Offs					-	-	-
	Full Voluntary Prepayments					-	(1)	(1)
	Repurchases					-	-	-
	Liquidations					-	-	-
	Current					536	1,785	2,321
	Principal Balance:
	Original					126,199,291.4 1	273,805,907.47	400,005,198.88
	Prior					-	-	-
	Prefunding					-	-	-
	Scheduled Principal					(104,825.26)	(192,484.90)	(297,31 0.16)
	Partial and Full Voluntary Prepayments					(11,035.55)	(133,240.76)	(144,276.31)
	Repurchases					-	-	-
	Liquidations					-	-	-
	Current					126,083,430.60	273,480,181.81	399,563,612.41
PREFUNDING						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
	Group 1
	Group 2
Current Prin Balance by Groups (in millions of dollars)					Total Current Principal Balance (in millions of dollars)
				Page 10 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Collateral Report for February 25, 2003 Distribution
	Collateral Report
CHARACTERISTICS						GROUP 2	GROUP 1	TOTAL
	Weighted Average Coupon Original					7.464930%	8.068125%	7.877820%
	Weighted Average Coupon Prior
	Weighted Average Coupon Current					7.464930%	8.068125%	7.877820%
	Weighted Average Months to Maturity Original					353	357	356
	Weighted Average Months to Maturity Prior					-	-	-
	Weighted Average Months to Maturity Current					353	357	356
	Weighted Avg Remaining Amortization Term Original					352	356	355
	Weighted Avg Remaining Amortization Term Prior					-	-	-
	Weighted Avg Remaining Amortization Term Current					352	356	355
	Weighted Average Seasoning Original					1.24	1.41	1.36
	Weighted A verage Seasoning Prior					-	-	-
	Weighted Average Seasoning Current					1.24	1.41	1.36
		& nbsp;
Note: Original information refers to deal issue.			;
	Group 1
	Group 2
WAC by Groups					Total WAC
WARAT by Groups					Total WARAT
				&n bsp;
Note: Dates correspond to distribution dates.
				Page 11 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Collateral Report for February 25, 2003 Distribution
	Collateral Report
ARM CHARACTERISTICS						GROUP 2	GROUP 1	TOTAL
	Weighted Average Margin Original					2.268%	5.515%
	Weighted Average Margin Prior
	Weighted Average Margin Current					2.268%	5.515%
	Weighted Average Max Rate Original					5.082%	12.056%
	Weighted Average Max Rate Prior
	Weighted Average Max Rate Current					5.082%	12.056%
	Weighted Average Min Rate Original					7.465%	8.071%
	Weighted Average Min Rate Prior
	Weighted Average Min Rate Current					7.465%	8.071%
	Weighted Average Cap Up Original					0.352%	0.851%
	Weighted Average Cap Up Prior
	Weighted Average Cap Up Current					0.352%	0.851%
	Weighted Average Cap Down Original					0.352%	0.851%
	Weighted Average Cap Down Prior
	Weighted Average Cap Down Current					0.352%	0.851%
Note: Original information refers to deal issue.
SERVICING FEES / ADVANCES						GROUP 2	GROUP 1	TOTAL
	Current Servicing Fees					34,293.93	80,847.86	115,141.79
	Delinquent Servicing Fees					18,289.11	33,237.93	51,527.04
	TOTAL SERVICING FEES					52,583.04	114,085.79	166,668.83
	Compensating Interest					0.00	0.00	0.00
	Delinquent Servicing Fees					18,289.11	(33,237.93)	(14 ,948.82)
	COLLECTED SERVICING FEES					70,872.15	80,847.86	151,720.01
	Aggregate Advances with respect to this Distribution					293,200.06	558,765.94	851,966.00
	Current Nonrecoverable Advances					0.00	0.00	0.00
	Cumulative Nonrecoverable Advances					0.00	0.00	0.00
ADDITIONAL COLLATERAL INFORMATION						GROUP 2	GROUP 1	TOTAL
	Net Prepayment Interest Shortfall					0.00	0.00	0.00
				Page 12 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Delinquency Report for February 25, 2003 Distribution
	Delinquency Report - Total
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	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%	&n bsp;
		# Loans		-	-	-	-	-	& nbsp;
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%			& nbsp;
REO		Balance		-	-	-	-	-			&nb sp;
		% 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: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving A verage
1 or 2 Payments Delinquent					3 or More Payments Delinquent
Total Foreclosure					Total Bankruptcy and REO
Note: Dates correspond to distribution dates.
				Page 13 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Delinquency Report for February 25, 2003 Distribution
&n bsp;	Delinquency Report - Group 1 Group
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL			;
DELINQUENT		Balance			-	-	-	-
		% Balance			0.00%	0.00%	0.00%	0.00%
		# Loans			-	-	-	-
	& nbsp;	% # 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: <1 Payment = 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 14 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1								& nbsp;
	Mortgage Pass-Through Certificates
	Delinquency Report for February 25, 2003 Distribution
	Delinquency Report - Group 2 Group
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	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: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Pa yments = 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 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through C ertificates
	REO Report for February 25, 2003 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
REO Book Value = 000.00
							&nb sp;
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 16 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Foreclosure Report for February 25, 2003 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			& nbsp;
Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Dat e
SPACE INTENTIONALLY LEFT BLANK
				Page 17 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Prepayment Report for February 25, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENTS						GROUP 2	GROUP 1	TOTAL
	Current
	Number of Paid in Full Loans					-	1	1
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					-	1	1
	Paid in Full Balance					-	116,910.00	116,910.00
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					11,035.55	16,330.76	27,366.31
	Total Prepayment Amount					11,035.55	133,240.76	144,276.31
	Cumulative
	Number of Paid in Full Loans					-	1	1
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					-	1	1
	Paid in Full Balance					-	116,910.00	116,910.00
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					11,035.55	16,330.76	27,366.31
	Total Prepayment Amount					11,035.55	133,240.76	144,276.31
SPACE INTENTIONALLY LEFT BLANK
Total Prepayments by Groups (in thousands of dollars)					Total Prepayments (in thousands of dollars)
				Page 18 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Prepayment Report for February 25, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENT RATES						GROUP 2	GROUP 1	TOTAL			;
	SMM					0.01%	0.05%	0.04%
	3 Months Avg SMM
	12 Months Avg SMM
	Avg SMM Since Cut-off					0.01%	0.05%	0.04%
	CPR					0.10%	0.58%	0.43%
	3 Months Avg CPR
	12 Months Avg CPR
	Avg CPR Since Cut-off					0.10%	0.58%	0.43%
	PSA					42.24%	206.26%	159.04%
	3 Months Avg PSA Approximation
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation					42.24%	206.26%	159.04%
	Group 1
	Group 2
CPR by Groups					Total CPR
PSA by Groups					Total PSA
				Page 19 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Prepayment Report for February 25, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
							& nbsp;
	Group 1
	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
	& nbsp;
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)										&nbs p;
Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.
Dates correspond to distribution dates.
											;
				Page 20 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Prepayment Detail Report for February 25, 2003 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
SUMMARY						LOAN GROUP
Total Loan Count = 1						Loan Group 1 = Group 1 Group
Total Original Principal Balance = 116,910.00						Loan Group 2 = Group 2 Group
Total Prepayment Amount = 116,910.00
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
41341660 1			116,910.00	116,910.00	Feb-06-03	8.550%	WA - 90.00%	Paid Off - 360	Dec-10-02
					Page 21 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Realized Loss Report for February 25, 2003 Distribution
	Realized Loss Report - Collateral
COLLATERAL REALIZED LOSSES						GROUP 2	GROUP 1	TOTAL	;
											&nbs p;
	Current
	Number of Loans Liquidated					-	-	-
	Collateral Realized Loss/(Gain) Amount					-	-	-
	Net Liqui dation Proceeds					-	-	-
	Cumulative
	Number of Loans Liquidated					-	-	-
	Collateral Realized Loss/(Gain) Amount					-	-	-
	Net Liquidation Proceeds					-	-	-
	Note: Collateral Realized Loss Amount may include adjustments to loans liquidated in prior periods.
SPACE INTENTIONALLY LEFT BLANK
	Group 1						3 Months Moving Average
	Group 2
Co llateral Loss Severity Approximation by Groups					Collateral Loss Severity Approximation
				Page 22 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Realized Loss Report for February 25, 2003 Distribution
									&nb sp;
	Realized Loss Report - Collateral
DEFAULT SPEEDS						GROUP 2	GROUP 1	TOTAL
				&nb sp;
	MDR					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%
	CDR					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%
	SDA					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%
	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 2
CDR by Groups					Total CDR
SDA by Groups					Total SDA
				Page 23 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Realized Loss Report for February 25, 2003 Distribution
	&n bsp;
	Realized Loss Report - Collateral
	Group 1
	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 24 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Realized Loss Detail Report for February 25, 2003 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
Total Realized Loss Amount = 0.00
Total Net Liquidation Proceeds = 0.00
Note: Total Realized Loss Amount may include adjustments to loans liquidated in prior periods.
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 25 of 26				© COPYRIGHT 2003 Deutsche Bank
	Ameriquest Mortgage Securities Inc. 2003-A1
	Mortgage Pass-Through Certificates
	Triggers, Adj. Rate Cert. and Miscellaneous Report for February 25, 2003 Distribution
	Triggers, Adj. Rate Cert. and Miscellaneous Report
TRIGGER EVENTS						GROUP 2	GROUP 1	TOTAL
	Trigger Event in effect							No
	Stepdown Date has occurred							No
	Balances 60+ days							0.00		&n bsp;
	Ending Balance							399,563,612.41
	Delinquency Percentage							0.00%
	Balance of Mezzanine and C Class							52,000,098.88
	Ending Balance							399,563,612.41
	Credit Enhancement Percentage				& nbsp;			13.01%
ADJUSTABLE RATE CERTIFICATE INFORMATION						GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION						GROUP 2	GROUP 1	TOTAL
	Net WAC Rate Carryover Amt: Class A-1							0.00
	Net WAC Rate Carryover Amt: Class A-2							0.00
	Net WAC Rate Carryover Amt: Class M-1							0.00		& nbsp;
	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-1 unpaid							0.00
	Libor for Current Period							1.366250%
	Special Servicing Fee Paid							0.00
	Current Period loan level losses							0.00
	Current Recoveries or Losses from Prior periods							0.00
	Total Current Losses							0.00
				Page 26 of 26				© COPYRIGHT 2003 Deutsche Bank