A signal quantizer includes a summing junction, a loop filter, a quantizer and a reconstruction filter. The summing junction is responsive to an input signal and to a modulated signal and is operative to combine the modulated signal and the input signal to generate a summing junction output. The loop filter is responsive to the summing junction output and is operative to generate a loop filter output and has a first regenerative gain associated therewith. The quantizer is responsive to the loop filter output and is operative to generate the modulated signal. The reconstruction filter is responsive to the modulated signal and is operative to generate a quantized output signal and has a second regenerative gain associated therewith that is substantially equal to that of the loop filter.