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                                                                    Exhibit 99.1

                      [PriceWaterhouseCoopers Letterhead]

                                                  PriceWaterhouseCoopers LLP
                                                  1441 Main Street, Suite 705
                                                  Columbia SC 29201
                                                  Telephone (803) 779 0930



                        Report of Independent Accountants


To the Board of Directors and Stockholder
of Chase Manhattan Mortgage Corporation:


We have examined management's assertion about Chase Manhattan Mortgage
Corporation's (the "Company") compliance with the minimum servicing standards
("standards") identified 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, 2001 included in the accompanying management
assertion (see Exhibit I). The Company performs loan subservicing functions for
the residential loan servicing portfolios of its affiliates Chase Mortgage
Company and Chase Mortgage Company West. 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 entity'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
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 standards.

In our opinion, management's assertion that the Company complied with the
aforementioned standards as of and for the year ended December 31, 2001 is
fairly stated, in all material respects.



March 15, 2002


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                                                                       Exhibit I

                  Management's Assertion Concerning Compliance
                      with USAP Minimum Servicing Standards


March 15, 2002


As of and for the year ended December 31, 2001, Chase Manhattan Mortgage
Corporation ("CMMC") and Chase Mortgage Company ("CMC") and their subsidiaries
(collectively, the "Group") have complied in all material respects with the
minimum servicing standards (the "Standards") set forth in the Mortgage Bankers
Association of America's Uniform Single Attestation Program for Mortgage Bankers
("USAP"). These standards are applicable only to Chase Manhattan Mortgage
Corporation's prime and subprime mortgage portfolios.

As of and for this same period, the Group had in effect fidelity bond and errors
and omissions policy in the amounts of $250,000,000 and $25,000,000
respectively.




/s/ Setve Rotella                             /s/ Terry L. Gentry
-----------------------------------------     ----------------------------------
Steve Rotella                                 Terry L. Gentry
Chief Executive Officer                       Senior Vice President of Servicing



  /s/ Glenn Mouridy                           /s/ Lucy Gambino
-----------------------------------------   ------------------------------------
Glenn Mouridy                                 Lucy Gambino
Executive Vice President of Servicing         Vice President of Risk Management