Exhibit 99.2



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| |  | PricewaterhouseCoopers LLP 350 S. Grand
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3000



Report of
Independent Auditors



To the Board of Directors and Stockholders of
GreenPoint Financial Corporation:



We have examined managements assertion
about GreenPoint Financial Corporation and its subsidiaries, including GreenPoint Mortgage Funding, Inc. (the Company) compliance with the minimum servicing 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, 2003 included in the accompanying management assertion (see Exhibit I). 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 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 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 the Company complied with the aforementioned minimum servicing standards as of and for the
year ended December 31, 2003 is fairly stated, in all material respects.



/s/ PricewaterhouseCoopers LLP



March 25, 2004





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Exhibit I



Managements Assertion Regarding Compliance

With Minimum Servicing Standards



As of
and for the year ended December 31, 2003, GreenPoint Mortgage Funding, Inc. (the Company), a wholly-owned subsidiary of GreenPoint Financial Corporation, 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 this same period, GreenPoint Financial Corporation maintained on behalf of the Company, errors and omissions and employee fidelity bond insurance policies
in the amount of $20,000,000 and $50,000,000, respectively.



March 25, 2004



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|/s/ Becky Poisson                                                  
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|Becky Poisson Executive Vice President of Operations and Technology
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|/s/ Nathan Hieter                                                  
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|Nathan Hieter Controller                                           
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|/s/ David Petrini                                                  
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|David Petrini Chief Financial Officer                              
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|/s/ S.A. Ibrahim                                                   
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|S.A Ibrahim Chief Executive Officer