EXHIBIT 31.1



                                  CERTIFICATION

I, James H. Jenkins, certify that:

1.      I have reviewed this annual report on Form 10-K, and all reports on Form
        8-K containing distribution or servicing reports filed in respect of
        periods included in the year covered by this annual report, of Popular
        ABS, Inc.;

2.      Based on my knowledge, the information in these reports, taken as a
        whole, does not contain any untrue statement of a material fact or omit
        to state a material fact necessary to make the statements made, in light
        of the circumstances under which such statements were made, not
        misleading as of the last day of the period covered by this annual
        report;

3.      Based on my knowledge, the distribution or servicing information
        required to be provided to the trustee by the servicer under the pooling
        and servicing, or similar, agreement, for inclusion in these reports is
        included in these reports;

4.      Based on my knowledge and upon the annual compliance statement included
        in the report and required to be delivered to the trustee in accordance
        with the terms of the pooling and servicing, or similar, agreement, and
        except as disclosed in the reports, the servicer has fulfilled its
        obligations under the servicing agreement; and

5.      The reports disclose all significant deficiencies relating to the
        servicer's compliance with the minimum servicing standards based upon
        the report provided by an independent public accountant, after
        conducting a review in compliance with the Uniform Single Attestation
        Program for Mortgage Bankers or similar procedure, as set forth in the
        pooling and servicing, or similar, agreement, that is included in these
        reports.

In giving the certifications above, I have reasonably relied on information
provided to me by the following unaffiliated parties: JPMorgan Chase Bank, N.A.,
as trustee.

Date: March 10, 2005

                                           /s/ James H. Jenkins
                                           -------------------------------------
                                           James H. Jenkins,
                                           Executive Vice President and CFO
                                           Popular ABS, Inc.