| Exhibit 99.1 Richard C. Woodbury, P.C. Certified Public Accountant 20017 E. Sharon Avenue Houghton, MI 49931-1904 Phone: (906) 482-1305 Fax: (906) 482-9555 Email: rwoodbury@charterinternet.com Website: www.rcwpc.com **INDEPENDENT AUDITOR'S REPORT**Board of Directors Midwest Loan Services, Inc. Houghton, MI 49931 We have examined management's assertion, included in the accompanying report titled Report of Management, that Midwest Loan Service, Inc. Complied with the servicing standards identified in exhibit A to the Report of Management as set forth in the Mortgage Bankers Association of America's *Uniform Single Attestation Program for Mortgage Bankers* (USAP) during the year ended December 31, 2004. Management is responsible for the Company's compliance with those specified 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 specified minimum servicing standards and performing such other procedures as we considered necessary in the circumstances. We believe that our examination does not provide a legal determination on the Company's compliance with specified minimum servicing standards. In our opinion, management's assertion that the Company complied with the aforementioned specified minimum standards during the year ended December 31, 2004 is fairly stated, in all material respects. **/s/ Richard C. Woodbury  Richard C. Woodbury, CPA February 25, 2005 |
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