UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 10-K

[X]      Annual  report  pursuant  to  Section  13 or  15(d)  of the Securities
         Exchange   Act  of  1934  for the  fiscal year ended December 31, 2003

[  ]     Transition report pursuant to Section 13 or 15(d) of the
         Securities Exchange Act of 1934 for the transition period from   to


                        Commission File Number 333-100669-11

               CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP.
             (Exact name of registrant as specified in its charter)

         Delaware                                            13-3320910
(State or other jurisdiction of                           I.R.S. Employer
incorporation or organization)                            Identification No.)

11 Madison Ave.
New York, New York                                             10010
(Address of Principal Executive Offices)                      (Zip Code)

       Registrant's telephone number, including area code :(212)325-2000


         CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP.
                HOME EQUITY MORTGAGE TRUST SERIES 2003-2
        HOME EQUITY MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2003-2
       (Title of each class of securities covered by this Form)

Securities registered pursuant to Section 12(b) of the Act:  None
Securities registered pursuant to Section 12(g) of the Act:  None

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. Yes [X] No [ ]

Indicate by check mark if disclosure of delinquent  filers  pursuant to Item 405
of Regulation  S-K is not contained  herein,  and will not be contained,  to the
best of registrant's  knowledge,  in definitive proxy or information  statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [X]

Indicate by check mark whether the registrant is an accelerated filer (as
defined in Exchange Act Rule 12b-2). Yes  No [X]

Documents incorporated by reference:  None



<PAGE>

CREDIT  SUISSE  FIRST BOSTON  MORTGAGE  SECURITIES  CORP.
HOME EQUITY MORTGAGE TRUST SERIES 2003-2
HOME EQUITY MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2003-2
-------------------------------------------------------------

PART I

Item 1.  Business

         Omitted.

Item 2.  Properties

         Omitted.

Item 3.  Legal Proceedings

The  Registrant is not aware of any material legal  proceeding  with respect to,
the Company, the Master Servicer, the Servicers,  the Trust Administrator or the
Trustee, in each case if applicable, as related to the Trust.

Item 4.  Submission of Matters to a Vote of Security Holders

No  matter  was  submitted  to a vote  or  consent  of  Holders  of the  Offered
Certificates during the fiscal year covered by this report.


PART II

Item 5.  Market for Registrant's Common Equity and Related Stockholder Matters

The Trust does not issue stock. There is currently no established secondary
market for the Certificates.  As of  December  31,  2003,  the number
of holders  of each  Class  of  Offered  Certificates was 35.


Item 6.  Selected Financial Data

         Omitted.

Item 7.  Management's Discussion and Analysis of Financial condition and
         Results of Operations

         Omitted.

Item 7a. Quantitative and Qualitative Disclosures About Market Risk

         Not Applicable

Item 8.  Financial Statements and Supplementary Data

         Omitted.

Item 9.  Changes in and Disagreements with Accountants on Accounting and
         Financial Disclosure

There was no change of  accountants  or  disagreement  with  accountants  on any
matter of accounting principles or practices or financial disclosure.

Item 9a. Controls and Procedures

         Not Applicable

                                      -2-

<PAGE>

PART III

Item 10. Directors and Executive Officers of the Registrant

         Omitted.

Item 11. Executive Compensation

         Omitted.

Item 12. Security Ownership of Certain Beneficial Owners and Management

         Omitted.


Item 13. Certain Relationships and Related Transactions

        No reportable transactions have occurred.

Item 14. Principal Accounting Fees and Services

         Not applicable.

PART IV

Item 15. Exhibits, Financial Statement Schedules and Reports on Form 8-K

(a) The following documents are filed as part of this report:

    (1) Financial Statements:
         Omitted.

    (2)  Financial Statement Schedules:
         Omitted.

    (3)  Exhibits:

   Annual Independent Accountants' Servicing Report,
   filed as Exhibit 99.1 hereto.

   Annual Servicer's  Statement of  Compliance,  filed as Exhibit 99.2, hereto.

(b)   Reports on Form 8-K: The  following  Current  Reports on Form 8-K were
      filed by the Registrant during the last quarter of 2003.

      Current  Reports   on Form 8-K,   dated   October 27,  2003,  November 25,
     2003,  and  December  26,  2003,  were filed for the  purpose of filing the
     Monthly  Statement  sent to the  Holders of the  Offered  Certificates  for
     payments made on the same dates.  The items reported in such Current Report
     were Item 5 and Item 7.

(c)   Exhibits to this report are listed in Item (15)(a)(3) above.

(d) Not applicable.

                                      -3-
<PAGE>
SIGNATURE

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  registrant  has duly  caused  this report to be signed on its
behalf by the undersigned thereunto duly authorized.

CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP.
HOME EQUITY MORTGAGE TRUST SERIES 2003-2
HOME EQUITY MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2003-2
-------------------------------------------------------------


By: /s/  Andrew Kimura
-----------------------------
Name:   Andrew Kimura

Title:  President

Company:CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP.

Date:   March 29, 2003


                                      -4-
<PAGE>
Sarbanes-Oxley Certification

I, Andrew Kimura, certify that:

1.   I have reviewed  this annual  report on Form 10-K,  and all reports on Form
     8-K  containing  distribution  or  servicing  reports  filed in  respect of
     periods  included  in the year  covered by this  annual  report,  of Credit
     Suisse First Boston Mortgage  Securities  Corp., Home Equity Mortgage Trust
     2003-2, Home Equity Mortgage Pass-Through Certificates, Series 2003-2

2.   Based on my knowledge,  the information in these reports, taken as a whole,
     does not contain any untrue statement of a material fact or omit to state a
     material  fact  necessary  to make  the  statements  made,  in light of the
     circumstances  under which such  statements were made, not misleading as of
     the last day of the period covered by this annual report;

3.   Based on my knowledge,  the distribution or servicing  information required
     to be  provided  to the  trustee  by the  servicer  under the  pooling  and
     servicing,  or  similar,  agreement,  for  inclusion  in these  reports  is
     included in these reports;

4.   Based on my knowledge and upon the annual compliance  statement included in
     the report and required to be delivered to the trustee in  accordance  with
     the terms of the pooling and servicing agreement, or similar agreement, and
     except  as  disclosed  in the  reports,  the  servicer  has  fulfilled  its
     obligations under the servicing agreement; and

5.   The  reports  disclose  all  significant   deficiencies   relating  to  the
     servicer's  compliance with the minimum servicing  standards based upon the
     report provided by an independent  public  accountant,  after  conducting a
     review in  compliance  with the  Uniform  Single  Attestation  Program  for
     Mortgage  Bankers or similar  procedure,  as set forth in the  pooling  and
     servicing or similar agreement that is included in these reports.

In giving the  certifications  above,  I have  reasonably  relied on information
provided to me by the following unaffiliated parties: the Trustee, each Servicer
and the Master Servicer.

Date:             March 29, 2004

Signature:        /s/ Andrew Kimura
                --------------------------
Company:          Credit Suisse First Boston Mortgage Securities Corp.

Title:            President

                                      -5-
<PAGE>

SUPPLEMENTAL  INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION
15(D) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO
SECTION 12 OF THE ACT.

The  registrant  has not sent an annual report or proxy material to its security
holders.  The registrant  will not be sending an annual report or proxy material
to its security holders subsequent to the filing of this form.

                                      -6-
<PAGE>



                                 EXHIBIT INDEX

Exhibit     Description

99.1    Annual Independent Accountant's Servicing Report

        a) Wilshire Credit Corporation, as Servicer
        b) Ocwen Federal Bank, FSB, as Servicer

99.2    Annual Servicer's Statement of Compliance

        a) Wilshire Credit Corporation, as Servicer
        b) Ocwen Federal Bank, FSB, as Servicer


                                      -7-



<PAGE>


EXHIBIT 99.1 - Annual Independent Accountant's Servicing Report

Wilshire Credit Corp., as Servicer
------------------------------------------------------



Deloitte & Touche LLP
Suite 3900
111 SW Fifth Avenue
Portland, OR  97204-3642
USA
Tel: +1 503 222 1341
Fax: +1 503 224 2172
www.deloitte.com


INDEPENDENT ACCOUNTANTS' REPORT

Board of Directors
Wilshire Credit Corporation

     We  have  examined  Wilshire  Credit   Corporation's  (the  "Company"),   a
wholly-owned  subsidiary of Wilshire Financial Services Group, Inc.,  compliance
with its established  minimum servicing  standards described in the accompanying
Management's  Assertion on Minimum Servicing Standards,  dated March 26, 2004 as
of and for the year ended December 31, 2003.  Management is responsible  for the
Company's compliance with those minimum servicing standards.  Our responsibility
is to express an opinion on 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  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 standands.

     Our examination  disclosed the following  material  noncompliance  with the
Company's  established minimum servicing standards set forth in Appendix I, Item
V.2,  relating to interest rate  adjustments on adjustable rate mortgage ("ARM")
loans. In two of the  thirty-five ARM loans selected for testing,  the Company's
calculations  of the interest rate  adjustments  were not in accordance with the
related mortgage notes and any ARM rider.

     In our  opinion,  except for the  material  noncompliance  described in the
preceding paragraph,  the Company complied,  in all material respects,  with the
aforementioned minimum servicing standards as of and for the year ended December
31, 2003 as set forth in Appendix I.



By:  /s/ Deloitte & Touche LLP
---------------------------

March 26, 2004


                                                        WILSHIRE


                        MANAGEMENT'S ASSERTION ON
                        MINIMUM SERVICING STANDARDS

As of and for the year ended December 31, 2003,  Wilshire Credit Corporation has
complied,  in all  material  respects,  (except to the extent as decribed in the
following  paragraph) with Wilshire  Credit  Corporation's  established  minimum
servicing  standards for residential  mortgages loans as set forth in Appendix I
(the "Standards").  The Standards are based on the Mortgage Banker's Association
of America's Uniform Single Attestation Program for Mortgage Bankers.

Our auditors have  concluded that 2 out of 35 ARM loans selected for testing had
adjustments  that were not in accordance with the related mortgage notes and any
ARM rider.

As of and for this same period, the Wilshire Credit Corporation had in effect an
errors  and  omissions  policy in the  amount  of  $5,000,000.  Wilshire  Credit
Corporation  had in effect a  fidelity  bond in the amount of  $10,000,000  from
January 1, 2003 through September 30, 2003 and in the amount of $20,000,000 from
October 1, 2003 through December 31, 2003.



By:  /s/ Jay Memott
-------------------------------------------------
Jay Memott, President and Chief Executive Officer
Wilshire Credit Corporation
March 26, 2004

By:  /s/ Stephen P. Glennon
-------------------------------------------------
Stephen P. Glennon, President and Chief Financial Officer
Wilshire Credit Corporation
March 26, 2004

By:  /s/ Ken Frye
-------------------------------------------------
Ken Frye, Senior Vice President
Wilshire Credit Corporation
March 26, 2004


APPENDIX I:

 MINIMUM SERVICING STANDARDS FOR SINGLE FAMILY RESIDENTIAL  MORTGAGES
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.

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.


                                      -8-

<PAGE>
PricewaterhouseCoopers LLP
222 Lakeview Avenue
Suite 360
West Palm Beach, FL 33401


INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT'S REPORT

To the Board of Directors
Ocwen Federal Bank FSB

     We have  examined  management's  assertion,  included  in the  accompanying
Management Assertion of Conpliance with USAP, that, except for the noncompliance
related  reconciliations  described in the third paragraph and the noncompliance
related to interest on escrows  described in the fifth paragraph,  Ocwen Federal
Bank FSB (the "Bank")complied with the minimum servicing standards identified in
the  Mortgage  Bankers   Association  of  America's   ("MBA's")  Uniform  Single
Attestation  Program for Mortgage  Bankers ("USAP") as of and for the year ended
December 31, 2003.  Management is  responsible  for the Bank's  compliance  with
those minimum servicing  standards.  Our responsibility is to express an opinion
on management's assertion about the Bank'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  Bank's  compliance  with the
minimum  servicing   standards  and  performing  other  such  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  Bank's  compliance  with  the  minimum  servicing
standards.

     Our examination  disclosed  noncompliance  with minimum servicing  standars
related to account  reconciliations  and interest on escrows  applicable  to the
Bank during the year ended December 31, 2003. Such noncompliance is described in
the accompanying Management Assertion on Compliance with USAP.

     In our opinion,  management's  assertion  that the Bank  complied  with the
aforementioned   minimum  servicing  standards,   except  for  noncompliance  as
described in the accompanying  Management  Assertion on Compliance with USAP, as
of and for the year ended  December 31, 2003 is fairly  stated,  in all material
respects.


By:  /s/PricewaterhouseCoopers, LLC
------------------------------------
PricewaterhouseCoopers, LLC

March 12, 2004


MANAGEMENT ASSERTON ON COMPLIANCE WITH USAP

March 12, 2004

As of and for the year ended  December 31, 2003,  except as  specifically  noted
below, Ocwen Federal Bank FSB (the "Bank") has complied in all material respects
with  the  minimum  servicing  standards  set  forth  in  the  Mortgage  Bankers
Assocation  of  America's  ("MBA's")  Uniform  Single  Attestation  Program  for
Mortgage Bankers ("USAP").

Standard: 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 of 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.

Certain  reconciling  items which arose during the year ended  December 31, 2003
were not specifically  identified  and/or were not cleared with 90 days of their
original identification. Management has developed and implemented an action plan
and  continues  to  resolve  outstanding   reconciling  items.  All  significant
reconciling  items have been  isolated  and  reviewed  by the  Company,  and the
Company  believes  these items will not have a material  impact on the status of
any custodial accounts.

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

Interest on escrow  accounts in certain  states was not paid,  or  credited,  to
mortgagors in accordance  with the  applicable  state laws during the year ended
December 31, 2003.  The Bank has  corrected  the affected  accounts by paying or
crediting the appropriate interest on escrow. The bank is currently implementing
an enhancement to its REALServicingTM servicing system to ensure that, for loans
collateralized  by  properties  located in states  that  require  the payment of
interest  on  escrow  accounts,  the pay of  crediting  os cuch  interest  is in
accordance with applicable state laws.

As of and for this same  period,  the Bank had in effect a fidelity  bond in the
amount  of  $15,000,000  and an errors  and  omissions  policy in the  amount of
$5,000,000.



By: /s/ Ronald M. Faris
------------------------
Ronald M. Faris
President


By: /s/ Scott W. Andreson
-------------------------
Scott W. Andreson
Senior Vice President of Residential Assets


By: /s/ Brian J. LaForest
--------------------------
Brian J. LaForest
Director of Investor Reporting

                                        -9-

<PAGE>

EXHIBIT 99.2 - Annual Servicer's Statement of Compliance


Wilshire Credit Corporation
Payments
P.O. Box 30040, Los Angeles, CA 90030-0040
or P.O. Box 650314, Dallas, TX  75265-0314
Correspondence
P.O. Box 8517, Portland, OR  97207-8517
Phone
(503) 952-7947
(888) 502-0100
Fax
(503) 952-7476
Web Site
www.wfsg.com

March 22, 2004

JP Morgan Chase Bank
4 New York Plaza, 6th Floor
New York, NY  10004-2477
Attn:  Institutional Trust Services/Structured Finance

Credit Suisse First Boston Mortgage Securities Corp.
3leven Madison Avenue, 4th Floor
New York, NY  10010
Attn:  Helaine Hebble
Attn:  Office of General Counsel

Standard & Poor's Ratings Group
55 Water Street
New York, NY  10004
Attn:  Mortgagae Surveillance Monitoring

Moody's Investors Service, Inc.
99 Church Street
New York, NY  10007
Attn:  Residential Pass-Through Monitoring

Fitch, Inc. Ratings
One State Street Plaza, 32 Floor
New York NY 10004

Reference is made to each servicing  agreement listed on Exhibit A hereto (each,
an "Agreement") entered into by Wilshire Credit Corporation (the "Servicer"). I,
Heidi  Peterson,  a Vice  President of the Servicer,  hereby certify to JPMorgan
Chase Bank,  Credit Suisse First Boston Mortgage  Securities  Corp.,  Standard &
Poor's Ratings Group, Moody's Investors Service,  Inc., and Fitch, Inc. Ratings,
and their respective officers,  directors and affiliates, and with the knowledge
and intent that they will relay upon this certification, that:

1. I have  reviewed the  information  required to be  delivered  pursuant to the
Agreement (the "Servicing Information").

2.  Based on my  knowledge,  the  Servicing  Information  does not  contain  any
material untrue  information or omit to state information  necessary to make the
Servicing   Information,   in  light  of  the  circumstances  under  which  such
information was provided, not misleading as of the date of this certificaton;

3. Based on my knowledge, the Servicing Information has been provided when as as
required under each Agreement; and

4. I am responsible for reviewing the activities performed by the Servicer under
the  Agreement,  and based upon my knowledge and the review  required  under the
Agreement,  and except as disclosed in writing to you on or prior to the date of
this  certification  either in the accounts'  report  required under the related
Agreement or in disclosure a copy of which is attached hereto, the Servicer has,
for the period  covered by the relataed Form 10-K Annual  Report,  fulfilled its
obligations under the Agreement.

WILSHIRE CREDIT CORPORATION

By:  /s/ Heidi Peterson
--------------------------------------
Name:   Heidi Peterson
Title:  Vice President, Client Relations



Exhibit A

(Wilshire  Pool 169, HEMT 2003-1)  Pooling and Servicing  Agreement  dated as of
January 1, 2003,  between Credit Suisse First Boston Mortgage  Securities Corp.,
Depositor,  DLJ  Mortgage  Capital,  Inc.,  Seller,  Ocwen  Federal  Bank,  FSB,
Servicer,  Wilshire  Credit  Corporation,  Servicer,  and JP Morgan  Chase Bank,
Trustee, for HEMT Trust Series 2003-1

(Wilshire  Pool 179, HEMT 2003-2)  Pooling and Servicing  Agreement  dated as of
April 1, 2003,  between Credit Suisse First Boston  Mortgage  Securities  Corp.,
Depositor,  DLJ  Mortgage  Capital,  Inc.,  Seller,  Ocwen  Federal  Bank,  FSB,
Servicer,  Wilshire  Credit  Corporation,  Servicer,  and JP Morgan  Chase Bank,
Trustee, for HEMT Trust Series 2003-2

(Wilshire Pool 189, HEMT 2003-3) Pooling and Servicing Agreement dated as of May
1,  2003,  between  Credit  Suisse  First  Boston  Mortgage   Securities  Corp.,
Depositor,  DLJ Mortgage Capital,  Inc.,  Seller,  Wilshire Credit  Corporation,
Servicer, and JP Morgan Chase Bank, Trustee, for HEMT Trust Series 2003-3

(Wilshire  Pool 192, HEMT 2003-4)  Pooling and Servicing  Agreement  dated as of
July 1, 2003,  between  Credit Suisse First Boston  Mortgage  Securities  Corp.,
Depositor,  DLJ  Mortgage  Capital,  Inc.,  Seller,  Ocwen  Federal  Bank,  FSB,
Servicer,  Wilshire Credit Corporation,  Servicer,  Long Beach Mortgage Company,
Servicer, and JP Morgan Chase Bank, Trustee, for HEMT Trust Series 2003-4

(Wilshire  Pool 252, HEMT 2003-5)  Pooling and Servicing  Agreement  dated as of
September 1, 2003, between Credit Suisse First Boston Mortgage Securities Corp.,
Depositor,  DLJ  Mortgage  Capital,  Inc.,  Seller,  Ocwen  Federal  Bank,  FSB,
Servicer,  Wilshire  Credit  Corporation,  Servicer,  and JP Morgan  Chase Bank,
Trustee, for HEMT Trust Series 2003-5

(Wilshire  Pool 267, HEMT 2003-6)  Pooling and Servicing  Agreement  dated as of
November 1, 2003, between Credit Suisse First Boston Mortgage  Securities Corp.,
Depositor,  DLJ  Mortgage  Capital,  Inc.,  Seller,  Ocwen  Federal  Bank,  FSB,
Servicer,  Wilshire  Credit  Corporation,  Servicer,  and JP Morgan  Chase Bank,
Trustee, for HEMT Trust Series 2003-6

(Wilshire  Pool 277, HEMT 2003-7)  Pooling and Servicing  Agreement  dated as of
December 1, 2003, between Credit Suisse First Boston Mortgage  Securities Corp.,
Depositor,  DLJ  Mortgage  Capital,  Inc.,  Seller,  Ocwen  Federal  Bank,  FSB,
Servicer,  Wilshire Credit  Corporation,  Servicer and Back-up Servicer,  and JP
Morgan Chase Bank, Trustee, for HEMT Trust Series 2003-7


                                        -10-


<PAGE>

Ocwen Federal Bank FSB
1675 Palm Beach Lakes Boulevard
West Palm Beach, FL  33401
P.O. Box 24737
West Palm Beach, FL  33416-4737


                      OCWEN FEDERAL BANK FSB
          Compliance Certification Year ended December 31, 2003
           CSFB HEMT 2003-2


The  undersigned  Officer of Ocwen Federal Bank FSB, (the  "Serivcer")  confirms
that (i) a review of the  activities  of the Servicer  during the calendar  year
ending on December 31, 2003 and of the  performance  of the  Servicer  under the
Pooling and  Servicing  Agreement  as of April 1, 2003 for CSFB Home Equity Loan
Trust 2003-2 Mortgage  Pass-Through  Certificates  Series 2003-2 (the "Servicing
Agreement")  has  been  made  under  his  supervision.  Except  as  noted on the
Management  Assertion on Compliance  with USAP,  to the best of the  undersigned
Officers  knowledge,  bason such review,  the Servicer has  fulfilled all of its
obligation as set forth in the Servicing Agreement.



By:  /s/ Scott W. Anderson                      Dated:  March 12, 2004
----------------------------------------
Scott W. Anderson, Senior Vice President


                                        -11-