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**REPORT        OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

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| 1.                    | Reconciliations                  shall be prepared on a monthly basis for all custodial bank accounts                  and                  related bank clearing accounts. These reconciliations                  shall: |
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| 2.   | Funds                of the servicing entity shall be advanced in cases where there is                an                overdraft in an investor's or a mortgagor's                account. |
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| 3.   | Each                custodial account shall be maintained at a federally insured depository                institution in trust for the applicable                investor. |
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| 4.   | Escrow                funds held in trust for a mortgagor shall be returned to the mortgagor                within thirty (30) calendar days of payoff of the mortgage                loan. |
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| 1.   | Mortgage                payments shall be deposited into the custodial bank accounts and                related                bank clearing accounts within two business days of                receipt. |
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| 2.   | Mortgage                payments made in accordance with the mortgagor's loan documents shall                be                posted to the applicable mortgagor records within two business                days of receipt. |
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| 3.   | Mortgage                payments shall be allocated to principal, interest, insurance, taxes                or                other escrow items in accordance with the mortgagor's loan                documents. |
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| 4.   | Mortgage                payments identified as loan payoffs shall be allocated in accordance                with                the mortgagor's loan documents. |
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| 1.   | Disbursements                made via wire transfer on behalf of a mortgagor or investor shall                be made                only by authorized personnel. |
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| 2.   | Disbursements                made on behalf of a mortgagor or investor shall be posted within                two  business days to the mortgagor's or investor's records                maintained by                the servicing entity. |
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| 3.   | Tax                and insurance payments shall be made on or before the penalty or                insurance                policy expiration dates, as indicated on tax bills and insurance                premium                notices,                respectively,  provided that such support has been received by                the servicing entity at least thirty (30) calendar days prior to                these                dates. |
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| 4.   | Any                late payment penalties paid in conjunction with the payment of any                tax                bill or insurance premium notice shall be paid from the servicing                entity's                funds and                not charged to the mortgagor, unless the late payment was due to                the                mortgagor's error or omission. |
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| 5.   | Amounts                remitted to investors per the servicer's investor reports shall agree                with cancelled checks, or other form of payment, or custodial bank                statements. |
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|    6.                   Unused checks shall be safeguarded so as to prevent unauthorized                  access. |
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| 1.   | The                servicing entity's investor reports shall agree with, or reconcile                to,                investors' records on a monthly basis as to the total unpaid principal                balance and number of loans serviced by the servicing                entity. |
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| 1.   | The                servicing entity's mortgage loan records shall agree with, or reconcile                to, the records of mortgagors with respect to the unpaid principal                balance                on a monthly                basis. |
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| 2.   | Adjustments                on ARM loans shall be computed based on the related mortgage note                and any                ARM rider. |
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| 3.   | Escrow                accounts shall be analyzed, in accordance with the mortgagor's loan                documents, on at least an annual                basis. |
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| 4.   | Interest                on escrow accounts shall be paid, or credited, to mortgagors in accordance                with  the applicable state laws. (A compilation of state laws                relating to                the payment of interest on escrow accounts may be obtained through                the                MBA's FAX ON DEMAND service.  For more information, contact                MBA.) |
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| 1.   | Records                  documenting collection efforts shall be maintained during the period                  a                  loan is in default and shall be updated at least monthly. Such                  records                  shall describe the entity's  activities in monitoring delinquent                  loans including, for example, phone calls, letters and mortgage                  payment                  rescheduling plans in cases where the delinquency is deemed temporary                  (e.g., illness or                  unemployment). |
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| 1.   | A                    fidelity bond and errors and omissions policy shall be in effect                    on the                    servicing entity throughout the reporting period in the amount                    of coverage                    represented to investors in management's                    assertion |
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