3:

AURORA LOAN SERVICES

A Lehman Brothers Company



Management's Assertion on Compliance 
with the Specified Minimum Servicing Standards Set Forth
in the Uniform Single Attestation Program for Mortgage Bankers

Report of Management

We, as members of management of Aurora Loan Services, Inc. (the Company), are responsible for complying with the servicing standards identified in the attached Exhibit A (the "specified minimum servicing standards") as set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers(USAP). We are also responsible for establishing and maintaining effective internal control over compliance with these specified minimum servicing standards. We have performed an evaluation of the Company's compliance with the specified minimum servicing standards as of November 30, 2003 and for the year then ended. Based on this evaluation, we assert that during the year ended November 30, 2003, the Company complied, in all material respects, with the specified minimum servicing standards.

As of November 30, 2003 and for the year then ended, the Company had in effect a fidelity bond and an errors and omissions policy in the amount of $70,000,000.





|Bruce Witherell         |  | Rick W. Skogg     
|----------------------- |  | ------------------
|Bruce Witherell         |  | Rick W. Skogg     
|Managing Director       |  | President         
|                        |  |                   
|Roy W. Browning III     |  | Bill Napier       
|Roy W. Browning III     |  | Bill Napier       
|Chief Financial Officer |  | Finance Controller









February 2, 2004





















Exhibit A

Specified Minimum Servicing Standards

|I. Custodial Bank Accounts           
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|II. Mortgage Payments                
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|III. Disbursements                   
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|IV. Investor Accounting and Reporting
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|V. Mortgagor Loan Accounting         
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|VI. Delinquencies                    
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|VII. Insurance Policies              
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