REPORT OF INDEPENDENT ACCOUNTANTS


To the Board of Directors and Stockholder
of GMAC Mortgage Corporation:


We have examined management's  assertion about GMAC Mortgage Corporation and its
subsidiaries'  (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")  exclusive of standards I.4.,
III.3., III.4., V.3. and V.4.,  (collectively the "Applicable Standards") solely
for the purposes of  servicing  the home equity  loans  underlying  the Consumer
Lending Portfolio as of and for the year ended December 31, 2002 included in the
accompanying management assertion (see Exhibit I).

As the loans applicable to management's  assertion are home equity loans, rather
than first mortgage loans,  certain USAP minimum servicing standards relating to
escrows are not applicable.  Therefore,  USAP minimum servicing  standards I.4.,
III.3.,  III.4.,  V.3.  and V.4.,  were not  addressed  during our  examination.
Further,  management's assertion and this report relate only to the servicing of
home equity  loans  underlying  the Notes and not loans in the general  consumer
loan servicing population.

Management is responsible  for the Company's  compliance  with those  Applicable
Standards.   Our  responsibility  is  to  express  an  opinion   exclusively  on
management's  assertion  about  the  entity's  compliance  with  the  Applicable
Standards 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
Applicable  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 Applicable Standards.



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TO THE BOARD OF DIRECTORS AND STOCKHOLDER
OF GMAC MORTGAGE CORPORATION

PAGE 2






In our  opinion,  management's  assertion  that the  Company  complied  with the
Applicable  Standards  solely for the purpose of servicing loans  underlying the
Consumer  Lending  Portfolio  as of and for the year ended  December 31, 2002 is
fairly stated, in all material respects.


/s/ Pricewaterhouse Coopers


March 7, 2003



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                                    EXHIBIT 1

                  MANAGEMENT'S ASSERTION CONCERNING COMPLIANCE
                      WITH USAP MINIMUM SERVICING STANDARDS


March 7, 2003


As of and for the year ended December 31, 2002,  GMAC Mortgage  Corporation  and
its subsidiaries (the "Company") 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").

As of and for this same  period,  the  Company had in effect  fidelity  bond and
errors and omissions  policies in the amounts of $400,000,000 and  $400,000,000,
respectively.



/s/ David Applegate
David Applegate
Chief Executive Officer
GMAC Residential Holding Corp


/s/ Ralph Hall
Ralph Hall
Chief Operating Officer
GMAC Residential Holding Corp



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