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

                                   FORM 10-K

(Mark One)

         [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
         EXCHANGE ACT OF 1934

         For the fiscal year ended:   December 31, 2004
                                      -----------------

                                      or

         [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
         SECURITIES EXCHANGE ACT OF 1934

         For the transition period from               to
                                        -------------    -------------

                     Commission file number: 333-109272-34
                                             -------------


             CWABS, Inc., Asset-Backed Certificates Trust 2004-10,
                   Asset-Backed Certificates, Series 2004-10
                   -----------------------------------------
            (Exact name of Registrant as specified in its charter)


              Delaware                                  95-4596514
------------------------------------      ------------------------------------
(State or other jurisdiction of           (I.R.S. Employer Identification No.)
incorporation or organization)

c/o      Countrywide Home Loans Servicing LP
         4500 Park Granada
         Calabasas, California                             91302
-------------------------------------     ------------------------------------
(Address of principal executive offices)                 (Zip Code)

Registrant's telephone number, including area code:   (818) 225-3000
                                                      --------------

Securities registered pursuant to Section 12(b) of the Act:  None
                                                             ----

Securities registered pursuant to Section 12(g) of the Act:  None
                                                             ----



<PAGE>


     Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days. [X] Yes [ ] No

     Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K (ss.229.405 of this chapter) is not contained
herein, and will not be contained, to the best of registrant's knowledge, in
definitive proxy or information statements incorporated by reference in Part
III of this Form 10-K or any amendment to this Form 10-K. [X]

     Indicate by check mark whether the registrant is an accelerated filer (as
defined in Rule 12b-2 of the Act). [ ] Yes [X] No

     State the aggregate market value of the voting and non-voting common
equity held by non-affiliates computed by reference to the price at which the
common equity was last sold, or the average bid and asked price of such common
equity, as of the last business day of the registrant's most recently
completed second fiscal quarter. Not applicable
                                 --------------



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<PAGE>



                      DOCUMENTS INCORPORATED BY REFERENCE

                                     None.

                             *         *         *


     This Annual Report on Form 10-K (the "Report") is filed with respect to
the trust fund entitled CWABS, Inc., Asset-Backed Certificates Trust 2004-10
(the "Trust Fund") formed pursuant to the pooling and servicing agreement
dated as of September 1, 2004 (the "Pooling and Servicing Agreement") among
CWABS, Inc., as depositor (the "Company"), Countrywide Home Loans, Inc., as a
seller (a "Seller"), Countrywide LFT LLC, as a seller (a "Seller"),
Countrywide Home Loans Servicing LP, as master servicer (the "Master
Servicer"), Federal National Mortgage Association, as guarantor of the Class
1-AV-1 Certificates, The Bank of New York, as trustee (the "Trustee") and BNY
Western Trust Company, as co-trustee (the "Co-Trustee"), for the issuance of
CWABS, Inc., Asset-Backed Certificates, Series 2004-10 (the "Certificates").
Certain information otherwise required to be included in this Report by the
Instructions to Form 10-K has been omitted in reliance on the relief granted
by the Commission to other companies in similar circumstances, in particular,
the relief granted to the Company in CWMBS, Inc. (February 3, 1994)
(collectively, the "Relief Letters").




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<PAGE>



                                    PART I


Item 1.           Business.

                  Not applicable.  See the Relief Letters.

Item 2.           Properties.

                  Not applicable.  See the Relief Letters.

Item 3.           Legal Proceedings.

                  There were no material pending legal proceedings relating to
                  the Trust Fund to which any of the Trust Fund, the Trustee,
                  the Co-Trustee, the Master Servicer or the Company was a
                  party or of which any of their respective properties was the
                  subject during the fiscal year covered by this Report other
                  than ordinary routine litigation incidental to the duties of
                  the Trust Fund, the Trustee, the Co-Trustee, the Master
                  Servicer or the Company, nor is the Company aware of any
                  such proceedings contemplated by governmental authorities.

Item 4.           Submission of Matters to a Vote of Security Holders.

                  No matter was submitted to a vote of Certificateholders, and
                  no Certificateholder consent was solicited during the fiscal
                  year covered by this Report.




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<PAGE>



                                    PART II


Item 5.           Market for Registrant's Common Equity, Related Stockholder
                  Matters and Issuer Purchases of Equity Securities.

                  (a) Item 201 of Regulation S-K:

                     i.      Market Information. There is no established
                             public trading market for the Certificates.

                     ii.     Holders. As of December 31, 2004 there were less
                             than 300 holders of record of the Certificates.

                     iii.    Dividends. Not applicable. See the Relief
                             Letters. (Information as to distributions to
                             Certificateholders is provided in the
                             Registrant's monthly filings on Form 8-K.)

                     iv.     Securities Authorized for Issuance Under Equity
                             Compensation Plans. Not applicable.

                      Item 701 of Regulation S-K.  Not applicable.

                  (b) Rule 463 of the Securities Act of 1933. Not applicable.

                  (c) Item 703 of Regulation S-K. Not applicable as the
                      Registrant has no class of equity securities registered
                      pursuant to section 12 of the Securities Exchange Act of
                      1934.

Item 6.           Selected Financial Data.

                  Not applicable.  See the Relief Letters.

Item 7.           Management's Discussion and Analysis of Financial Condition
                  and Results of Operation.

                  Not applicable.  See the Relief Letters.

Item 7A           Quantitative and Qualitative Disclosures about Market Risk.

                  Not applicable.

Item 8.           Financial Statements and Supplementary Data.

                  Not applicable.  See the Relief Letters.


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<PAGE>


Item 9.           Changes in and Disagreements With Accountants on Accounting
                  and Financial Disclosure.

                  None.

Item 9A.          Controls and Procedures.

                  Not applicable. The Registrant is an Asset-Backed Issuer (as
                  defined in Exchange Act Rule 15d-14(g)) and is therefore not
                  required to disclose information under Item 307 of
                  Regulation S-K. See Item 307 of Regulation S-K and Exchange
                  Act Rule 15d-15(a). The Registrant is an Asset-Backed Issuer
                  (as defined in Exchange Act Rule 15d-14(g)) and is therefore
                  not required to disclose information under Item 308 of
                  Regulation S-K. See Instruction 2 to Item 308 of Regulation
                  S-K and Exchange Act Rule 15d-15(a).


Item 9B.          Other Information.

                  None.



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<PAGE>



                                   PART III


Item 10.          Directors and Executive Officers of the Registrant.

                  Not applicable.  See the Relief Letters.

Item 11.          Executive Compensation.

                  Not applicable.  See the Relief Letters.

Item 12.          Security Ownership of Certain Beneficial Owners and
                  Management.

                  Information required by Item 201(d) of Regulation S-K: Not
                  applicable. Information required by Item 403 of Regulation
                  S-K:

                  (a) Not applicable. See the Relief Letters.

                  (b) Not applicable. See the Relief Letters.

                  (c) Not applicable. See the Relief Letters.

Item 13.          Certain Relationships and Related Transactions.

                  Not applicable.  See the Relief Letters.

Item 14.          Principal Accounting Fees and Services.

                  Not applicable. The Registrant is an Asset-Backed Issuer (as
                  defined in Exchange Act Rule 15d-14(g)) and is therefore not
                  required to disclose this information. See Instructions to
                  Item 14.




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<PAGE>



                                    PART IV


Item 15.          Exhibits and Financial Statement Schedules.

                  (a)  (1)  Pursuant to the Pooling and Servicing Agreement,
                            the Master Servicer is required (i) to deliver an
                            annual statement as to compliance with the
                            provisions of the Pooling and Servicing Agreement
                            and certain other matters (the "Annual Statement
                            of the Master Servicer") and (ii) to cause a firm
                            of independent public accountants to deliver an
                            annual report as to compliance with the servicing
                            provisions of the Pooling and Servicing Agreement
                            (the "Annual Report of the Firm of Accountants").
                            The Annual Statement of the Master Servicer is
                            attached as Exhibit 99.1 to this Report. The
                            Annual Report of the Firm of Accountants is
                            attached as Exhibit 99.2 to this Report. See
                            Relief Letters.

                       (2) Not applicable.

                       (3) The required exhibits are as follows:

                           o    Exhibit 3(i): Copy of Company's Certificate of
                                Incorporation (Filed as an Exhibit to
                                Registration Statement on Form S-3 (File No.
                                33-11095)).

                           o    Exhibit 3(ii): Copy of Company's By-laws
                                (Filed as an Exhibit to Registration Statement
                                on Form S-3 (File No. 33-11095)).

                           o    Exhibit 4: Pooling and Servicing Agreement
                                (Filed as part of the Registrant's Current
                                Report on Form 8-K filed on January 28, 2005).

                           o    Exhibit 31:  Rule 15d-14(a) Certification.

                           o    Exhibit 99.1:  Annual Statement of the Master
                                Servicer.

                           o    Exhibit 99.2:  Annual Report of the Firm of
                                Accountants.

                           o    Exhibit 99.3: Audited financial statements of
                                MBIA Insurance Corporation and subsidiaries.

                  (b) See subparagraph (a)(3) above.

                  (c) Not applicable. See the Relief Letters.






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<PAGE>



                                  SIGNATURES

         Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this Report to be signed
on its behalf by the undersigned, thereunto duly authorized.

                             CWABS, INC.,
                             ASSET-BACKED CERTIFICATES TRUST 2004-10,
                             ASSET-BACKED CERTIFICATES, SERIES 2004-10

                             By:      Countrywide Home Loans Servicing LP,
                                      as Master Servicer*

                             By:      Countrywide GP, Inc.

                             By:      /s/ Joseph M. Candelario
                                      ---------------------------
                                      Name:     Joseph M. Candelario
                                      Title:    First Vice President

                             Date:   March 30, 2005





----------------------
*    This Report is being filed by the Master Servicer on behalf of the Trust
     Fund. The Trust Fund does not have any officers or directors.


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<PAGE>




         SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT
TO SECTION 15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED
SECURITIES PURSUANT TO SECTION 12 OF THE ACT.

         No such annual report, proxy statement, form of proxy or other
soliciting material has been, or will be, sent to Certificateholders. See the
Relief Letters.


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<PAGE>


                                 EXHIBIT INDEX


Exhibit           Document
-------           --------

3(i)              Company's Certificate of Incorporation (Filed as an Exhibit
                  to Registration Statement on Form S-3 (File No. 33-11095))*

3(ii)             Company's By-laws (Filed as an Exhibit to Registration
                  Statement on Form S-3 (File No. 33-11095))*

4                 Pooling and Servicing Agreement (Filed as part of the
                  Company's Current Report on Form 8-K filed on January 28,
                  2005)*

31                Rule 15d-14(a) Certification

99.1              Annual Statement of the Master Servicer

99.2              Annual Report of the Firm of Accountants

99.3              Audited financial statements for the year ended December 31,
                  2004 for MBIA Insurance Corporation**



-----------------
*        Incorporated herein by reference.
**       Incorporation by reference to the consolidated financial statements
         of MBIA Insurance Corporation and subsidiaries as of December 31,
         2004 and 2003, and for each of the three years in the period ended
         December 31, 2004, which report appears in the Annual Report on Form
         10-K of MBIA Insurance Corporation, which was filed with the
         Securities and Exchange Commission on March 16, 2005 (Securities and
         Exchange Commission File No. 1-09583).


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