EXHIBIT 99.15

KPMG
1600 Market Street
Philadelphia, PA  19103-7212

                         Independent Accountants' Report

The Board of Directors
GE Capital Mortgage Services, Inc.:

We have examined  management's  assertion  about GE Capital  Mortgage  Services,
Inc.'s (the Company's) compliance with the minimum servicing standards set forth
in the Mortgage  Bankers  Association of America's  Uniform  Single  Attestation
Program for  Mortgage  Bankers  for  primary  serviced  loans  (including  those
serviced by the Company  pursuant to various  pooling and  servicing  agreements
relating to the Company's publicly rated mortgage-backed  securities program) as
of and for the year  ended  December  31,  2000,  included  in the  accompanying
management  assertion.  Management is responsible  for the Company's  compliance
with those minimum  servicing  standards.  Our  responsibility  is to express an
opinion on management's  assertion about the Company's  compliance  based on our
examination.

Our  examination  was  made in  accordance  with  standards  established  by the
American  Institute of Certified Public Accountants and,  accordingly,  included
examining,  on a test basis,  evidence about the Company's  compliance  with the
minimum  servicing   standards  and  performing  such  other  procedures  as  we
considered  necessary  in the  circumstances.  We believe  that our  examination
provides a reasonable basis for our opinion.  Our examination does not provide a
legal  determination  on the  Company's  compliance  with the minimum  servicing
standards.

In our opinion,  except for noncompliance  with minimum servicing  standards I.1
and  IV.1.,   management's   assertion  that  the  Company   complied  with  the
aforementioned minimum servicing standards as of and for the year ended December
31, 2000 is fairly stated in all material respects.

As discussed in management's  assertion,  the material noncompliance occurred at
the Company  during the year ended  December 31,  2000.  With respect to minimum
servicing  standard I.1., 2 of the 10 custodial account  reconciliations  tested
contained  reconciling  items that were not resolved  within 90 calendar days of
their original  identification and 1 of the 10 custodial account reconciliations
tested were not prepared  within 45 days after the cut-off date. With respect to
minimum  servicing  standard IV.1., 1 of the 10 investor  reports tested did not
agree  with  investor's  records  on a  monthly  basis  as to the  total  unpaid
principal balance and number of loans serviced by the servicing entity.

These conditions were considered in determining the nature,  timing,  and extent
of  audit  tests  applied  in our  audit  of  the  2000  consolidated  financial
statements, and this report does not effect our report dated January 22, 2001 on
those consolidated financial statements.

                                                     /s/ KPMG LLP

January 22, 2001
<PAGE>

Except for non-compliance with minimum servicing standard I.1 and IV.1 described
below,  as of and for the year ended  December  31,  2000,  GE Capital  Mortgage
Services,  Inc.  (the  Company) has complied in all material  respects  with the
minimum  servicing  standards set forth in the Mortgage  Bankers  Association of
America's Uniform Single Attestation Program for Mortgage Bankers. As of and for
the same  period,  the  Company  had in effect a  fidelity  bond and  errors and
omissions policy in the amounts of $150 million and $150 million, respectively.

With respect to minimum  servicing  standard I.1, certain accounts have not been
reconciled within 45 days of cutoff and certain accounts  contained  reconciling
items that were not resolved  within ninety (90) calendar days of their original
identification.  It is the  company's  policy to reconcile  all accounts  within
required timeframes and clear all reconciling items within thirty (30) days from
the date of their original  identification.  The company has undertaken a review
of our custodial account reconciliation processes and dedicated the resources to
correct any unreconciled accounts and to avoid future occurrences.

With respect to minimum  servicing  standard IV.1, the Company  recognizes  this
finding and considers it an isolated  occurrence.  It is the company's policy to
routinely resolve identified investor discrepancies timely.

/s/ Jacqui M. Peace
-------------------
Jacqui M. Peace
SVP & General Manager
GE Capital Mortgage Services, Inc.