IndyMac Bank.

Management' Assertion on COmpliance
with the Specified Minium Servicing
Standards Set Forth in the Uniform Single
Attestation PRogram for Mortgage Bankser

Reprot of Management

We as members of  management of IndyMac Babnk, F.S.B.
(the Bank),are responsible for complying with the
servicing standards, identified in the attached
Exhibit A (the "specified minimum servicing
standards") as set forth in the Morgage 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 Bank'scompliance
with the specified minimum servicing standards
as of December31,2003 and for the year then ended.
Based on this evaluation, we assert that the during
the year ended December 3l 2003,the Bank complied,
in all material respects, with the specified
minimum servicing standards.

At of DeceTnber 31, 2003 and for the year then
ended, the Bank had in effect a fidelity bond in
the amount of $40,000,000.00 and an errors and
omissions policy in the amount of $20,000,000.00


/s/Michael W. Perry
Michael W. Perry
Chairman and Chief Executive Officer

/s/Tony Ebers
Tony Ebers
Executive Vice President
Home Loan Servicing

/s/Scott Keys
Scott Keys
Executive Vice President and
Chief Financial Officer

/s/Jeff Lankey
Jeff Lankey
Senior Vice resident and
Chief Accounting Officer

January 23 2004



Exhibit A
Specified Minimum Servicing Standards

I. Custodial Bank Accounts
1.Reconiciliations shall be prepared on a monthly
basis for all custodial bank accounts and related
bank clearing accounts. These reconciliations shall:
a. be mathematically accurate;
b. be prepared within forty-five(45) calendar days
after cutoff date. The cutoff date is the date as of
which a bank account is reconciled every month.
It may, or may not, coincide with a prescribed
investor reporting date but shall be consistent from
period to period.
c. be reviewed and approved by someone other than the person
who prepared the reconciliation; and
d. 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 adbvanced
in cases where there is an overdraft in an investor's
or 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 (2)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 (2) 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.


Specified Minimum Servicing Standards (continued)

III Disbursements

1. Disbursements made via wire transfer on behalf
of a mortgagor or investor shall be made only by
authorized personnel.

2. Disbursements made on behalf of a mortgagor
or investor shall be posted within two(2) business
days the mortgagor's or investors 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) c 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. Unissued checks shall be safeguarded so as to
prevent unauthorized access.

IV. Investor Accounting and Reporting
1. The servicing entity 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 adjustable rate mortgage (ARM) loans
shall be computed based on thc related mortgage note
and any ARM rider.

3. Escrow accounts shall be analyzed, in accordance
With the mortgagor Loan documents,on at least
an annual basis.

Exbibit A
Specified Minimum Servicing Standards (continued)

V. Mortgagor Loan Accounting (continued)

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

VI, Delinquencies

1.Records documenting collcettion efforts shall be
maintained during the period a loan is in default and
shall be updated at least moQnthly. 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 (i.e., 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.