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                                                                   EXHIBIT 99.12

[KPMG LOGO]

                                 KPMG LLP
                                 Suite 2000
                                 355 South Grand Avenue
                                 Los Angelas, CA 90071-1568

                         INDEPENDENT ACCOUNTANTS' REPORT

The Board of Directors
Countrywide Financial Corporation:

We have examined the accompanying management's assertion, that Countrywide
Financial Corporation and subsidiaries, including its wholly-owned subsidiary
Countrywide Home Loans, Inc. (CHL) and Countrywide Home Loans Servicing, L.P., a
wholly-owned subsidiary of CHL, (collectively, the Company) complied with the
minimum servicing standards set forth in the Mortgage Bankers Association of
America's Uniform Single Attestation Program for Mortgage Bankers (USAP) as of
and for the year ended December 31, 2004. 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 conducted in accordance with attestation 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 specified above 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, management's assertion that Countrywide Financial Corporation
and subsidiaries, including its wholly-owned subsidiary Countrywide Home Loans,
Inc. (CHL) and Countrywide Home Loans Servicing, L.P., a wholly-owned subsidiary
of CHL. complied with the aforementioned minimum servicing standards as of and
for the year ended December 31, 2004 is fairly stated, in all material respects.

                                    KPMG LLP

March 17, 2005

             KPMG LLP, a U.S. limited liability partnership, is the U.S.
             member firm of KPMG international, a Swiss cooperative.

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                                              [COUNTRYWIDE HOME LOANS LOGO]

                                              2900 MADERA ROAD
                                              SIMI VALLEY, CALIFORNIA 93065-6298
                                              (805) 955-1000

                             MANAGEMENT'S ASSERTION

March 17, 2005

As of and for the year ended December 31, 2004, Countrywide Financial
Corporation and Subsidiaries (which includes its wholly-owned subsidiary,
Countrywide Home Loans, Inc. ("CHL"), and Countrywide Home Loans Servicing,
L.P., a wholly owned subsidiary of CHL) ("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 for Mortgage
Bankers. As of and for this same period, the Company had in effect a fidelity
bond and errors and omissions policy in the amount of $200 million and $100
million, respectively.

/s/ Thomas K. McLaughlin
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Thomas K. McLaughlin
Executive Managing Director and
Chief Financial Officer

/s/ Kevin Meyers
------------------------------------------
Kevin Meyers
Managing Director, Chief Financial Officer
Loan Administration