ERNST& YOUNG LLP
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370 17th Street
Denver, CO  80202-5663

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

Report of Independent Accountants

Board of Directors
Aurora Loan Services Inc.

We have examined management's assertion, included in
the accompanying report titled Report of Management,
that Aurora Loan Services Inc. (the Company) complied
with the servicing standards identified in Exhibit A
to the Report of Management (the "specified minimum
servicing standards") as set forth in the Mortgage Bankers
Association of America's Unjform Single Attestation
Program for Mortgage Bankers (USAP) during the year
ended November 30, 2003. Management is responsible for
the Company's compliance with those specified 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 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 specified 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
specified minimum servicing standards.

In our opinion, management's assertion that the
Company complied with the aforementioned specified
minimum servicing standards during the year ended
November 30, 2003, is fairly stated, in all material respects.

February 2, 2004

/s/Ernst & Young LLP

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.



/s/ Bruce Witherell
Bruce Witherell
Managing Director

/s/Rick W. Scogg
Rick W. Skogg
President

/s/Roy W. Browning III
Roy W. Browning III
Chief Financial Officer

/s/ Bill Napier
Bill Napier
Finance Controller

February 2, 2004

Exhibit A

Specified Minimum Servicing Standards

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:

a.	be mathematically accurate;

b.	be prepared within forty-five (45) calendar days after the 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 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 (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.



Exhibit A

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 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.	Unissued 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 adjustable rate mortgage (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.



Exhibit 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 laws.

VI.	Delinquencies

1.	Records documenting collection efforts shall be maintained during the
period a
loan is in default and shall be undated 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 (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.
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