KPMG
KPMG LLP | Telephone 614 249 2300 | |||
Suite 500 | Fax 614 249 2348 | |||
191 West Nationwide Boulevard | Internet www.us.kpmg.com | |||
Columbus, OH 43215-2568 |
Exhibit 16.1
July 23, 2004
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Commissioners:
We have read the statements made by Banc One HELOC Trust 1998-1 (the “Trust”) which we understand will be filed with the Commission pursuant to Item 4 of Form 8-K as part of the Trust’s Form 8-K report dated as of July 1, 2004. We agree with the statements concerning our Firm in such Form 8-K, however our services to the Trust have not included the audit of any financial statements of the Trust.
Very truly yours,
/s/ KPMG LLP
Columbus, Ohio