Fitch Affirms Argent 2004-WN10 Net Interest Margin Transaction

Business Wire, Oct 4, 2007

NEW YORK -- Fitch Ratings has taken the following rating action on Argent Asset Holdings Net Interest Margin (NIM) series 2004-WN10:

--$1.4 million class C affirmed at BBB-;

Underlying Transaction: Argent Securities 2004-W11

The rating action reflects actual pay-down performance of the NIM securities to date compared to initial projections. Additional details are available in the following research, available at www.fitchratings.com:

--'U.S. Subprime RMBS/HEL Upgrade/Downgrade Criteria' (June 12, 2007);

--'U.S. Rating Criteria for Net Interest Margin Securitizations: Updated' (Feb. 6, 2007).

All of Fitch's ratings criteria for U.S. subprime RMBS available at www.fitchratings.com/subprime.> Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.