| **Deloitte**Deloitte & Touche LLP Suite 1900 701 "B" Street San Diego, CA 92101-8198 USA Tel: +1 619 232 6500 Fax: +1 619 237 1755 www.deloitte.com **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**Board of Directors Accredited Home Lenders, Inc. We have examined management's assertion that Accredited Home Lenders, Inc. (the "Company") has complied as of and for the year ended December 31, 2004, with its established minimum servicing standards described in the accompanying Management's Assertion on Minimum Servicing Standards dated March 30, 2005 related to residential mortgage loans originated or acquired subsequent to November 1, 2000. Management is responsible for the Company's compliance with those 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 conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants, as adopted by the Public Company Accounting Oversight Board (United States) 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 standards. In our opinion, management's assertion that the Company complied with the aforementioned minimum servicing standards as of and for the year ended December 31, 2004, is fairly stated, in all material respects based on the criteria set forth in Appendix I. ***Deloitte & Touche LLP***March 30, 2005 Member of Deloitte Touche Tohmatsu |
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