**EXHIBIT 99.1**

 

**MANAGEMENT’SASSERTION CONCERNING COMPLIANCE**

 

To CNH Capital ReceivablesInc.:

 

As of and forthe year ended December 31, 2002, Case Credit Corporation (the “Corporation”)**hascomplied, in all material respects, with the Corporation’s established minimumservicing standards for the receivables being serviced for the CNH EquipmentTrusts as set forth in Appendix I (the “Standards”).  The Standards are based on the Mortgage Banker’s Association ofAmerica’s Uniform Single Attestation Program for Mortgage Bankers, modified toaddress the unique characteristics of servicing retail installment contracts inaccordance with the Sale and Servicing Agreement for the receivables.

 
| March 31,  2003 |                                                                                                                  |
|-----------------|-----------------------------------------------------------------------------------------------------------------------|
|            | By:                                                                                                                   | /s/  MARIO FERLA |
|            |                                                                                                                  |
|            | **Mario Ferla**                                                                                                       |
|            | **Chief Executive Officer and Chief  Operating Officer**                                                              |
|            | **(Principal Executive and Operations  Officer and  Director and Authorized Signatory for Case Credit  Corporation)** |
|            |                                                                                                                  |
|            | By:                                                                                                                   | /s/  WILLIAM J. McGRANE, III |
|            |                                                                                                                  |
|            | **William J. McGrane, III**                                                                                           |
|            | **Vice President and Chief Financial  Officer**                                                                       |
|            | **(Principal Financial and Accounting  Officer and  Director and Authorized Signatory for Case Credit  Corporation)** |

 

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**APPENDIX I**

 

**CASECREDIT CORPORATION’S MINIMUM SERVICING STANDARDS**

 

I.              CUSTODIAL BANK ACCOUNTS

 

1.               Reconciliationsshall be prepared on a monthly basis for all custodial bank accounts andrelated bank clearing accounts.  Thesereconciliations shall:

 

a)              be mathematically accurate;

b)             be prepared within forty-five (45)calendar days after the cutoff date;

c)              be reviewed and approved by someone otherthan the person who prepared the reconciliation; and

d)             document explanations for reconcilingitems.  These reconciling items shall beresolved within ninety (90) calendar days of their original identification.

 

2.               Eachcustodial account shall be maintained at a federally insured depositoryinstitution in trust for the applicable investor.

 

II.            RETAIL INSTALLMENT CONTRACTS PAYMENTS

 

1.               Retailinstallment contracts payments shall be deposited into the custodial bankaccounts and related bank clearing accounts within two business days ofreceipt.

 

2.               Retailinstallment contracts payments made in accordance with the retail installmentcontract documents shall be posted to the applicable retail installmentcontract records within two business days of receipt.

 

3.               Retailinstallment contracts payments shall be allocated to principal, interest,insurance, or taxes in accordance with the Servicer’s customary servicingprocedures.

 

4.               Retailinstallment contracts payments identified as loan payoffs shall be allocated inaccordance with the retail installment contracts documents.

 

III.           DISBURSEMENTS

 

1.               Amountsremitted to the collection accounts per the Servicer’s investor reports shallagree with cancelled checks, or other form of payment, or custodial bankstatements.

 

2.               Unusedchecks shall be safeguarded so as to prevent unauthorized access.

 

IV.           INVESTOR ACCOUNTING AND REPORTING

 

1.               Statementsare sent on a monthly basis listing the total unpaid principal balance and poolbalance.

 

V.            RETAIL INSTALLMENT CONTRACTS ACCOUNTING

 

1.               Theservicing entity’s retail installment contracts loan records shall agree with,or reconcile to, the records of obligors with respect to the unpaid principalbalance on a monthly basis.

 

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VI.                                 DELINQUENCIES

 

1.               Recordsdocumenting collection efforts shall be maintained during the period a loan isin default and shall be updated at least monthly.  Such records shall describe the entity’s activities in monitoringdelinquent loans including, for example, phone calls, letters and paymentrescheduling plans in cases where the delinquency is deemed temporary (e.g.,illness or unemployment).

 

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