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Report of Independent Registered Public Accounting Firm

To the Partners of Litton Loan Servicing LP:

We have examined management's assertion that Litton Loan
Servicing LP (the Company) has complied as of and for the year
ended December 31, 2004, with its established minimum servicing
standards described in the accompanying Management Assertion
Report dated February 16, 2005.  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 as adopted by the Public Company Accounting
Oversight Board (United States) and, accordingly, included examining,
on a test basis, evidence about the Company's compliance with its
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 its 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, 2004, is fairly stated, in all
material respects based on the criteria set forth in Appendix I.


/s/: Deloitte & Touche LLP
Deloitte & Touche LLP
February 16, 2005


Member of
Deloitte Touche Tohmatsu


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LITTON LOAN SERVICING L.P.

APPENDIX I -MINIMUM SERVICING STANDARDS AS SET FORTH IN THE
MORTGAGE BANKERS ASSOCIATION OF AMERICA'S UNIFORM SINGLE
ATTESTATION PROGRAM FOR MORTGAGE BANKERS

I. CUSTODIAL BANK ACCOUNTS

   1. Reconciliations shall be prepared on a monthly basis for all custodial
      bank accounts and related bank clearing accounts.  These
      reconciliations shall:

      .   be mathematically accurate;

          be prepared within forty-five (45) calendar days after the cutoff
          date;

          be reviewed and approved by someone other than the person who
          prepared the reconciliation; and

          document explanations for reconciling items.  These reconciling
          items shall be resolved within ninety (90) calendar days of
          their original identification.

   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.

   3. Each custodial account shall be maintained at a federally insured
      depository institution in trust for the applicable investor.

   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.

II. MORTGAGE PAYMENTS

   1. Mortgage payments shall be deposited into the custodial bank accounts
      and related bank clearing accounts within two business days of receipt.

   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.

   3. Mortgage payments shall be allocated to principal, interest, insurance,
      taxes or other escrow items in accordance with the mortgagor's loan
      documents.

   4. Mortgage payments identified as loan payoffs shall be allocated in
      accordance with the mortgagor's loan documents.


III. DISBURSEMENTS

   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.

   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.

   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.

   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.

   6. Unused checks shall be safeguarded so as to prevent unauthorized
      access.


IV. INVESTOR ACCOUNTING AND REPORTING

   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.

V. MORTGAGOR LOAN ACCOUNTING

   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.

   2. Adjustments on ARM loans shall be computed based on the related mortgage
      note and any ARM rider.

   3. Escrow accounts shall be analyzed, in accordance with the mortgagor's
      loan documents, on at least an annual basis.

   4. Interest on escrow accounts shall be paid, or credited, to mortgagors
      in accordance with the applicable state laws.

VI. DELINQUENCIES

   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).

VII. INSURANCE POLICIES

   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.