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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
The Provident Bank

We have examined management's assertion, included in the accompanying report
titled Report of Management, that PCFS Mortgage Resources' (PCFS), a division
of The Provident Bank (the Bank), complied with the servicing standards
identified in Appendix 1 to the Report of Management (the "specified minimum
servicing standards") as set forth in the Mortgage Bankers Association of
America's Uniform Single Attestation Program for Mortgage Bankers (USAP)
during the year ended December 31, 2003.  Management is responsible for
PCFS's compliance with those specified minimum servicing standards. Our
responsibility is to express an opinion on management's assertions about
PCFS'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 PCFS'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 PCFS's compliance
with the specified minimum servicing standards.

In our opinion, management's assertion that, except as described in Appendix 2,
PCFS complied with the aforementioned specified minimum servicing standards
during the year ended December 31, 2003, is fairly stated, in all material
respects.

As discussed in management's assertion, the material noncompliance described
in Appendix 2 occurred during the year ended December 31, 2003.


/s/: Ernst & Young LLP


March 26, 2004

A Member Practice of Ernst & Young Global





APPENDIX I

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.

APPENDIX I

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 canceled checks, or other form of payment, or custodial bank
   statements.

6. Unissued checks shall be safeguard 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.

APPENDIX I

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 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.



Appendix 2

Appendix to the Report of Independent Accountants

Exception # 1 -

In certain circumstances, escrow funds held in trust for a mortgagor were
not returned to the mortgagor within thirty calendar days of payoff of
the mortgage loan.

Management has represented the following to us regarding exception # 1 -

The maximum exception cited caused a delay in refunding the escrow overage
to the debtor by four days in excess of the standard.  Management has now
instituted a process to pull the necessary reporting at day twenty five,
so that the refund due the debtor will be returned within the thirty
day limit.

Exception # 2 -

In certain circumstances, reconciliations were not prepared on a timely
basis for custodial bank accounts and related bank clearing accounts.

Management has represented the following to us regarding exception # 2 -

The circumstances referenced above were limited to only one of our
servicing platforms for the first six months of 2003.  In addition to hiring
the services of an independent accounting team to help us quantify and
correct the issue, management and oversight of these functions have been
centralized.  Since July 1, 2003 these accounts are being analyzed and
balanced daily and reconciliations have been prepared timely.  Any
potential exposure is limited solely to Provident Bank and has been
adequately reserved as of December 31, 2003.








PCFS Company Logo Here


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 PCFS Mortgage Resources' (PCFS), a division
of The Provident Bank (the Bank), are responsible for complying with the
servicing standards identified in the attached Appendix 1 (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 PCFS's compliance with the
specified minimum servicing standards as of December 31, 2003 and for the
year then ended. Based on this evaluation,
we assert that during the year ended December 31, 2003, PFCS complied,
in all material respects, with the specified minimum servicing standards,
except as  described in Appendix 2.

As of December 31,2003 and for the year then ended, PCFS had in effect
a fidelity bond in the amount of $30,000,000 and an errors and
omissions policy in the amount of $30,000,000.





By: /s/ Vince Rinaldi                       By: /s/ David Friedman
Vince Rinaldi                                 David Friedman
Executive Vice President                     Senior Vice President
The Provident Bank                          Provident Bank


March 26, 2004


309 Vine Street, Suite 198, Cincinnati, Ohio 45202





APPENDIX I

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.

APPENDIX I

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 canceled checks, or other form of payment, or custodial bank
   statements.

6. Unissued checks shall be safeguard 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.

APPENDIX I

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 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.






Appendix 2

Appendix to the Report of Management

Exception # 1 -

In certain circumstances, escrow funds held in trust for a mortgagor were
not returned to the mortgagor within thirty calendar days of payoff of
the mortgage loan.

Management Action Plan for Exception # 1 -

The maximum exception cited caused a delay in refunding the escrow overage
to the debtor by four days in excess of the standard.  Management has now
instituted a process to pull the necessary reporting at day twenty five,
so that the refund due the debtor will be returned within the thirty
day limit.

Exception # 2 -

In certain circumstances, reconciliations were not prepared on a timely
basis for custodial bank accounts and related bank clearing accounts.

Management Action Plan for Exception # 2 -

The circumstances referenced above were limited to only one of our
servicing platforms for the first six months of 2003.  In addition to hiring
the services of an independent accounting team to help us quantify and
correct the issue, management and oversight of these functions have been
centralized.  Since July 1, 2003 these accounts are being analyzed and
balanced daily and reconciliations have been prepared timely.  Any
potential exposure is limited solely to Provident Bank and has been
adequately reserved as of December 31, 2003.