Financial Asset Sec Corp Fremont Home LN TR 2003-2 8-K Other events

                           SECURITIES AND EXCHANGE COMMISSION
                                 Washington, D.C.  20549


                                        FORM 8-K


                     Current Report Pursuant To Section 13 or 15(d) of
                            the Securities Exchange Act of 1934

           Date of Report (Date of earliest event reported):  September 25, 2003


                            Financial Asset Securities Corp.,
             (as depositor, Litton Loan Servicing LP, as Servicer,
               and Deutsche Bank National Trust Company, as Trustee).

                 FINANCIAL ASSET SEC CORP FREMONT HOME LN TR 2003 2
            (Exact name of Registrant as specified in its Charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-104153-06                          06-1442101
          (Commission File Number)        (I.R.S. Employer Identification No.)


               600 Steamboat Road
               Greenwich, Connecticut                    06830
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (203) 625-2700


     Item 5.  Other Events

     Attached hereto is a copy of the Monthly Remittance Statements to the
     Certificateholders which was derived from the monthly information
     submitted by the Master Servicer of the Trust to the Trustee.


     Item 7.  Financial Statement and Exhibits

     Exhibits:  (as noted in Item 5 above)

     Monthly Remittance Statement to the Certificateholders dated as of
     September 25, 2003.




                                     SIGNATURE


               Pursuant to the requirements of the Securities Exchange Act of
          1934, the Registrant has duly caused this report to be signed on its
          behalf by the undersigned, hereunto duly authorized.


                                  Deutsche Bank National Trust Company,
                                  not in its individual capacity, but solely
                                  as a duly authorized agent of the Registrant
                                  pursuant to the Pooling and Servicing
                                  Agreement, dated as of June 1,2003.


          Date:  Oct 01, 2003               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President



                                   EXHIBIT INDEX

          DOCUMENT

          Monthly Remittance Statement to the Certificateholders
          dated as of September 25, 2003.






			

	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	September 25, 2003 Distribution
	Contents
							&nb sp;
			TABLE OF CONTENTS
								Page
			1.	Contents				1
			2.	Certificate Payment Report				2
			3.	Collection Account Report				4
			4.	Credit Enhancement Report				7
			5.	Collateral Report				8
			6.	Delinquency Report				11
			7.	REO Report				14
			8.	Foreclosure Report				15
			9.	Prepayment Report				16
			10.	Prepayment Detail Report				19
			11.	Realized Loss Report				21
			12.	Realized Loss Detail Report				24
			13.	Triggers, Adj. Rate Cert. and Miscellaneous Report				25
			14.	Additional Certificate Report				26
				Total Number of Pages				26
			CONTACTS
				Administrator: Eiko Akiyama
				Direct Phone Number: (714)247-6328
				Address: Deutsche Bank
				1761 E. St. Andrew Place, Santa Ana, CA 92705
				Web Site: https://www.corporatetrust.db.com/invr	& nbsp;
				Factor Information: (800) 735-7777
				Main Phone Number: (714) 247-6000
								& nbsp;
ISSUANCE INFORMATION
	Seller:		Financial Asset Securites Corp.					Cut-Off Date: June 1, 2003
	Certificate Insurer(s):							Closing Date: June 26, 2003
								First Payment Date: July 25, 2003
	Servicer(s):		Litton Loan Servicing Master Servicer
								Distribution Date: September 25, 2003
	Underwriter(s):		RBS Greenwich Capital					Record Date: September 24, 2003
								August 29, 2003
						Page 1 of 26					© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Series 2003-2
	Certificate Pay ment Report for September 25, 2003 Distribution
	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
A-1	FTV	616,863,000.00			606,213,775.45	1,151,806.17	10,566,102.58	11,717,908.75	-	-	595,647,672.87
A-2	FTV	161,938,000.00			157,193,865.98	306,528.04	4,721,796.29	5,028,324.33	-	-	152,472,069.69
M-1A	MEZ	32,502,000.0 0			32,502,000.00	53,176.88	-	53,176.88	-	-	32,502,000.00
M-1H	MEZ	32,000,000.00			32,000,000.00	64,800.00	-	64,800.00	-	-	32,000,000.00
M-2	MEZ	50,168,000.00			50,168,000.00	125,280.64	-	125,280.64	-	-	50,168,000.00
M-3	MEZ	7,167,000.00			7,167,000.00	27,682.54	-	27,682.54	-	-	7,167,000.00
M-4A	MEZ	13,723,000.00			13,723,000.00	48,567.98	-	48,567.98	-	-	13,723,000.00
M-4F	MEZ	3,000,000.00			3,000,000.00	13,155.00	-	13,155.00	-	-	3,000,000.00
M-5A	MEZ	9,112,000.00			9,112,000.00	42,056.94	-	42,056.94	-	-	9,112,000.00
M-5F	MEZ	10,000,000.00			10,000,000.00	51,666.67	-	51,666.67	-	-	10,000,000.00
C	SUB	19,112,122.59			19,112,122.59	3,782,457.24	-	3,782,457.24	-	-	19,112,122.59
P	EXE	100.00			100.00	316,004.10	-	316,004.10	-	-	100.00
R	R	-			-	-	-	-	-	-	-
Total		955,585,222.59			940,191,864.02	5,983,182.20	15,287,898.87	21,271,081.07	-	-	924,903,965.15
	Interest Accrual Detail				Current Period Factor Information per $1, 000 of Original Face
						Orig. Principal	Prior				Current
	Period	Period				(with Notional)	Principal			Total	Principal
Class	Starting	Ending		Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
							(1)	(2)	(3)	(4)=(2)+(3)	(5)
A-1				A-30/360	35729PAX8	616,863,000.00	982.736484	1.867199	17.128767	18.995966	965.607717
A-2				A-30/360	35729PAY6	161,938,000.00	970.704010	1.892873	29.158050	31.050923	941.545960
M-1A	08/25/03	09/24/03		A-Act/360	35729PBA7	32,502,000.00	1,000.000000	1.636111	-	1.636111	1,000.000000
M-1H				A-30/360	35729PAZ3	32,000,000.00	1,000.000000	2.025000	-	2.025000	1,000.000000
M-2	08/25/03	09/24/03		A-Act/360	35729PBB5	50,168,000.00	1,000.000000	2.497222	-	2.497222	1,000.000000
M-3				F-30/360	35729PBC3	7,167,000.00	1,000.000000	3.862500	-	3.862500	1,000.000000
M-4A	08/25/03	09/24/03		A-Act/360	35729PBD1	13,723,000.00	1,000.000000	3.539166	-	3.539166	1,000.000000
M-4F				F-30/360	35729PBE9	3,000,000.00	1,000.000000	4.385000	-	4.385000	1,000.000 000
M-5A	08/25/03	09/24/03		A-Act/360	35729PBF6	9,112,000.00	1,000.000000	4.615555	-	4.615555	1,000.000000
M-5F				F-30/360	35729PBG4	10,000,000.00	1,000.000000	5.166667	-	5.166667	1,000.000000
C				A-30/360		974,697,345.18	984.207038	3.880648	-	3.880648	968.522272
P				-		100.00	1,000.000000	3,160,041.000000	-	3,160,041.000000	1,000.000000
R				-		-	-	-	-	-	-
							Page 2 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Series 2003-2
	Certificate Payment Report for September 25, 2003 Distribution
	Distribution in Dollars - to Date
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losse s	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
A-1	616,863,000.00		3,484,537.36		19,544,144.21	1,671,182.92	21,215,327.13	24,699,864.49	-	-	595,647,672.87
A-2	161,938,000.00		932,021.48		8,996,316.91	469,613.40	9,465,930.31	10,397,951.79	-	-	152,472,069.69
M-1A	32,502,000.00		153,659.98		-	-	-	153,659.98	-	-	32,502,000.00
M-1H	32,000,000.00		19 4,400.00		-	-	-	194,400.00	-	-	32,000,000.00
M-2	50,168,000.00		363,993.22		-	-	-	363,993.22	-	-	50,168,000.00
M-3	7,167,000.00		83,047.62		-	-	-	83,047.62	-	-	7,167,000.00
M-4A	13,723,000.00		141,540.35		-	-	-	141,540.35	-	-	13,723,000.00
M-4F	3,000,000.00		39,465.00		-	-	-	39,465.00	-	-	3,000,000.00
M-5A	9,112,000.00		122,773.44		-	-	-	122,773.44	-	-	9,112,000.00
M-5F	10,000,000.00		155,000.01		-	-	-	155,000.01	-	-	10,000,000.00
C	19,112,122.59		11,608,814.11		-	-	-	11,608,814.11	-	-	19,112,122.59
P	100.00		694,228.12		-	-	-	694,228.12	-	-	100.00
R	-		-		-	-	-	-	-	-	-
Total	955,585,222.59		17,973,480.69		28,540,461.12	2,140,796.32	30,681,257.44	48,654,738.13	-	-	924,903,965.15
	Interest De tail
	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance			Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
					(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
A-1	2.28000%	606,213,775.45			1,151,806.17	-	-	-	1,151,806.17	1,151,806.17	-
A-2	2.34000%	157,193,865.98			306,528.04	-	-	-	306,528.04	306,528.04	-
M-1A	1.90000%	32,502,000.00			53,176.88	-	-	-	53,176.88	53,176.88	-
M-1H	2.43000%	32,000,000.00			64,800.00	-	-	-	64,800.00	64,800.00	-
M-2	2.90000%	50,168,000.00			125,280.64	-	-	-	125,280.64	125,280.64	-
M-3	4.63500%	7,167,000.00			27,682.54	-	-	-	27,682.54	27,682.54	-
M-4A	4.11000%	13,723,000.00			48,567.98	-	-	-	48,567.98	48,567.98	-
M-4F	5.26200%	3,000,000.00			13,155.00	-	-	-	13,155.00	13,155.00	-
M-5A	5.36000%	9,112,000.00			42,056.94	-	-	-	42,056.94	42,056.94	-
M-5F	6.20000%	10,000,000.00			51,666.67	-	-	-	51,666.67	51,666.67	-
C	4.91665%	959,303,986.61			3,782,457.24	-	-	-	3,782,457.24	3,782,457.24	68,068.00
P		100.00			316,004.10	-	0.00	-	316,004.10	316,004.10	-
R		-			-	-	-	-	-	-	-
Total		1,880,383,728.04			5,983,182.20	-	0.00	-	5,983,182.20	5,983,182.20	68,068.00
							Page 3 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Collection Account Report for September 25, 2003 Distribution
	Collection Account Report
SUMMARY						NON CONFORM.	CONFORM.	TOTAL
	Principal Collections					4,700,772.92	10,519,057.95	15,219,830.87
	Principal Withdrawals					0.00	0.00	0.00
	Principal Other Accounts					0.00	0.00	0.00
	TOTAL NET PRINCIPAL					4,700,772.92	10,519,057.95	15,219,830.87
	Interest Collections					1,251,426.48	5,144,901.36	6,396,327.84
	Interest Withdrawals					0.00	0.00	0.00
	Interest Other Accounts					0.00	0.00	0.00
	Interest Fees					(71,715.56)	(273,362.09)	(345,077.64)
	TOTAL NET INTEREST					1,179,710.92	4,871,539.27	6,051,250.20
	TOTAL AVAILABLE FUNDS TO BONDHOLDERS					5,880,483.84	15,390,597.22	21,271,081.07
PRINCIPAL - COLLECTIONS						NON CONFORM.	CONFORM.	TOTAL
	Scheduled Principal					154,753.31	555,009.90	709,763.21
	Curtailments					4,694.71	74,228.04	78,922.75
	Prepayments in Full					4,280,406.77	9,889,820.01	14,170,226.78
	Repurchases/Substitutions Shortfalls					0.00	0.00	0.00
	Liquidations					328,986.13	0.00	328,986.13
	Insurance Principal					0.00	0.00	0.00
	Other Additional Principal					0.00	0.00	0.00
	Delinquent Principal					(16,825.15)	(61,359.65)	(78,184.80)
	Advanced Principal					16,825.15	61,359.65	78,184.80
	Realized Losses					(68,068.00)	0.00	(68,068.00)
	TOTAL PRINCIPAL COLLECTED					4,700,772.92	10,519,057.95	15,219,830.87
									;
				Page 4 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Collection Account Report for September 25, 2003 Distribution
	Collection Account Report
PRINCIPAL - WITHDRAWALS						NON CONFORM.	CONFORM.	TOTAL
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS						NON CONFORM.	CONFORM.	TOTAL
	TOTAL OTHER ACCOUNTS PRINCIPAL					0.00	0.00	0.00
INTEREST - COLLECTIONS						NON CONFORM.	CONFORM.	TOTAL
	Scheduled Interest					1,182,643.81	4,945,771.37	6,128,415.18
	Repurchases/Substitutions					0.00	0.00	0.00
	Liquidations					2,330.32	0.00	2,330.32
	Insurance Interest					0.00	0.00	0.00
	Other Additional Interest					0.00	0.00	0.00
	Month End Interest (PPIS)					(10,057.83)	(35,017.57)	(45,075.40)
	Delinquent Interest					(149,573.58)	(677,733.16)	(827,306.74)
	Realized Losses					0.00	0.00	0.00
	Compensating Month End Interest					10,057.83	35,017.57	45,075.40
	Other Interest Shortfall (Relief Act)					0.00	(1,637.35)	(1,637.35)
	Interest Advanced					140,038.83	638,483.50	778,522.33
	Prepayment Penalties					75,987.10	240,017.00	316,004 .10
										&n bsp;
	TOTAL INTEREST COLLECTED					1,251,426.48	5,144,901.36	6,396,327.84
				Page 5 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Collection Account Report for September 25, 2003 Distribution
	Collection Account Report
INTEREST - WITHDRAWALS						NON CONFORM.	CONFORM.	TOTAL
SPACE INTENTIONALLY LEFT BLANK
INTEREST - OTHER ACCOUNTS						NON CONFORM.	CONFORM.	TOTAL
	TOTAL OTHER ACCOUNT INTEREST					0.00	0.00	0.00
INTEREST - FEES	&n bsp;					NON CONFORM.	CONFORM.	TOTAL
	Current Servicing Fees					71,279.16	271,683.05	342,962.21
	Trustee Fee					436.40	1,679.04	2,115.43
	TOTAL INTEREST OTHER FEES					71,715.56	273,362.09	345,077.64
				Page 6 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Credit Enhancement Report for September 25, 2003 Distribution
	Credit Enhancement Report
ACCOUNTS						NON CONFORM.	CONFORM.	TOTAL
	Net WAC Rate Carryover Reserve Fund Beginning Balance							1,000.00
	Am ount paid to maintain $1,000 balance							0.00
	Net WAC Rate Carryover Amount	&nb sp;						0.00
	Net WAC Rate Carryover Reserve Fund Ending Balance							1,000.00
	Int Earnings paid to Class C							0.00
								;
INSURANCE						NON CONFORM.	CONFORM.	TOTAL
SPACE INTENTIONALLY LEFT BLANK
STRUCTURAL FEATURES						NON CONFORM.	CONFORM.	TOTAL
	Overcollateralization Target Amount							19,112,122.59
	Overcollateralized Amount							19,112,122.59
	Excess Overcollateralized Amount							0.00
	Overcollateralization Release Amount					0.00	0.00	0.00
	Overcollateralization Deficiency Amount							68,068.00
	Extra Principal Distribution Amt					21,023.37	47,044.63	68,068.00
				Page 7 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Collateral Report for September 25, 2003 Distribution
	Collateral Report
COLLATERAL						NON CONFORM.	CONFORM.	TOTAL
	Loan Coun t:
	Original					479	4696	5175
	Prior					469	4,640	5,109
	Prefunding					-	-	-
	Scheduled Paid Offs					-	-	-
	Full Voluntary Prepayments					(9)	(57)	(66)
	Repurchases					-	-	-
	Liquidations					(1)	-	(1)
	Current					459	4,583	5,042
	Principal Balance:
	Original					198,697,518.45	756,887,704.14	955,585,222.59
	Prior					193,953,384.43	746,238,479.59	940,191,864.02
	Prefundin g					-	-	-
	Scheduled Principal					(154,753.31)	(555,009.90)	(709,763.21)
	Partial and Full Voluntary Prepayments					(4,285,101.48)	(9,964,048.05)	(14,249,149.53)
	Repurchases					-	-	-
	Liquidations					(328,986.13)	-	(328,986.13)
	Current					189,184,543.51	735,719,421.64	924,903,965.15
PREFUNDING						NON CONFORM.	CONFORM.	TOTAL
SPACE INTENTIONALLY LEFT BLANK
				&nbs p;
	Conform.
	Non Conform.
Current Prin Balance by Groups (in millions of dollars)					Total Current Principal Balance (in millions of dollars)
				Page 8 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Collateral Report for September 25, 2003 Distribution
	Collateral Report
CHARACTERISTICS						NON CONFORM.	CONFORM.	TOTAL
& nbsp;
	Weighted Average Coupon Original					7.338352%	7.959580%	7.830406%
	Weighted Average Coupon Prior					7.333389%	7.957116%	7.828227%
	Weighted Average Coupon Current			&n bsp;		7.331499%	7.953122%	7.824886%
	Weighted Average Months to Maturity Original					355	353	353
	Weighted Average Months to Maturity Prior					354	352	352
	Weighted Average Months to Maturity Current					353	351	351
	Weighted Avg Remaining Amortization Term Original					355	353	353
	Weighted Avg Remaining Amortization Term Prior					354	352	352
	Weighted Avg Remaining Amortization Term Current					353	351	351
	Weighted Average Seasoning Original					4.96	4.80	4.84
	Weighted Average Seasoning Prior					5.96	5.80	5.84
	Weighted Average Seasoning Current					6.96	6.80	6.84
Note: Original information refers to deal issue.
	Conform.
	Non Conform.
WAC by Groups					Total WAC
WARAT by Groups					Total WARAT
Note: Dates correspond to distribution dates.
		&n bsp;		Page 9 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Collateral Report for September 25, 2003 Distribution
	Collateral Report
							&n bsp;
ARM CHARACTERISTICS						NON CONFORM.	CONFORM.	TOTAL
	Weighted Average Margin Original					5.219%	5.626%
	Weighted Average Margin Prior					5.210%	5.623%
	Weighted Av erage Margin Current					5.222%	5.620%
	Weighted Average Max Rate Original					10.780%	12.086%
	Weighted Average Max Rate Prior					10.758%	12.079%
	Weighted Average Max Rate Current					10.784%	12.069%
	Weighted Average Min Rate Original					5.552%	6.451%
	Weighted Average Min Rate Prior					5.539%	6.447%
	Weighted Average Min Rate Current					5.552%	6.440%
	Weighted Average Cap Up Original					1.120%	1.207%
	Weighted Average Cap Up Prior					1.119%	1.207%
	Weighted Average Cap Up Current					1.121%	1.206%
	Weighted Average Cap Down Original					1.120%	1.207%
	Weighted Average Cap Down Prior					1.119%	1.207%
	Weighted Average Cap Down Current					1.121%	1.206%
Note: Original information refers to deal issue.
SERVICING FEES / ADVANCES						NON CONFORM.	CONFORM.	TOTAL
	Current Servicing Fees					71,279.16	271,683.05	342,962.21
	Delinquent Servicing Fees					9,534.75	39,249.65	48,784.40
	TOTAL SERVICING FEES					80,813.91	310,932.70	391,746.61
	Total Servicing Fees					80,813.91	310,932.70	391,746.61
	Compensating Month End Interest					10,057.83	35,017.57	45,075.40
	Delinquent Servicing Fees					(9,534.75)	(39,249.65)	(48,784.40)
	COLLECTED SERVICING FEES					81,336.99	306,700.62	388,037.61
	Prepayment Interest Shortfall					10,057.83	35,017.57	45,075.40
	Total Advanced Interest					140,038.83	638,483.50	778,522.33
ADDITIONAL COLLATERAL INFORMATION						NON CONFORM.	CONFORM.	TOTAL
	Next One-Month L IBOR							1.120000%
	Current One-Month LIBOR							1.110000%
				&n bsp;
				Page 10 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Delinquency Report for September 25, 2003 Distribution
	Delinquency Report - Total
											;
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			23,686,086.82	6,479,623.03	5,097,303.42	35,263,013.27
		% Balance			2.56%	0.70%	0.55%	3.81%
		# Loans			134	45	27	206
		% # Loans			2.66%	0.89%	0.54%	4.09%
FORECLOSURE		Balance		-	-	-	4,233,785.26	4,233,785.26
		% Balance		0.00%	0.00%	0.00%	0.46%	0.46%
		# Loans		-	-	-	20	20
		% # Loans		0.00%	0.00%	0.00%	0.40%	0.40%
BANKRUPTCY		Balance		-	-	-	295,031.70	295,031.70
		% Balance		0.00%	0.00%	0.00%	0.03%	0.03%
		# Loans		-	-	-	1	1
		% # Loans		0.00%	0.00%	0.00%	0.02%	0.02%
REO		Balance		-	-	-	129,136.45	129,136.45
		% Balance		0.00%	0.00%	0.00%	0.01%	0.01%
		# Loans		-	-	-	1	1
		% # Loans		0.00%	0.00%	0.00%	0.02%	0.02%
TOTAL		Balance		-	23,686,086.82	6,479,623.03	9,755,256.83	39,920,966.68
		% Balance		0.00%	2.56%	0.70%	1.05%	4.32%
		# Loans		-	134	45	49	228
		% # Loans		0.00%	2.66%	0.89%	0.97%	4.52%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent
Total Foreclosure					Total Bankruptcy and REO
Note: Dates correspond to distribution dates.
				Page 11 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates								&n bsp;
	Delinquency Report for September 25, 2003 Distribution
	Delinquency Report - Conform. Group
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			17,529,181.76	5,800,337.96	3,661,410.68	26,990,930.40
		% Balance			2.38%	0.79%	0.50%	3.67%
		# Loans			120	43	24	187
		% # Loans			2.62%	0.94%	0.52%	4.08%
FORECLOSURE		Balance		-	-	-	2,642,463.26	2,642,463.26
		% Balance		0.00%	0.00%	0.00%	0.36%	0.36%
		# Loans		-	-	-	16	16
		% # Loans		0.00%	0.00%	0.00%	0.35%	0.35%
BANKRUPTCY		Balance		-	-	-	295,031.70	295,031.70
		% Balance		0.00%	0.00%	0.00%	0.04%	0.04%
		# Loans		-	-	-	1	1
		% # Loans		0.00%	0.00%	0.00%	0.02%	0.02%
REO		Balance		-	-	-	129,136.45	129,136.45
		% Balance		0.00%	0.00%	0.00%	0.02%	0.02%
		# Loans		-	-	-	1	1
		% # Loans		0.00%	0.00%	0.00%	0.02%	0.02%
TOTAL		Balance		-	17,529,181.76	5,800,337.96	6,728,042.09	30,057,561.81
		% Balance		0.00%	2.3 8%	0.79%	0.91%	4.09%
		# Loans		-	120	43	42	205
		% # Loans		0.00%	2.62%	0.94%	0.92%	4.47%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent
Total Foreclosure					Total Bankruptcy and REO
		&n bsp;
Note: Dates correspond to distribution dates.
				Page 12 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Delinquency Report for September 25, 2003 Distribution
	Delinquency Report - Non Conform. Group
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			6,156,905.06	679,285.07	1,435,892.74	8,272,082.87
		% Balance			3.25%	0.36%	0.76%	4.37%
		# L oans			14	2	3	19
		% # Loans			3.05%	0.44%	0.65%	4.14%
FORECLOSURE		Balance		-	-	-	1,591,322.00	1,591,322.00
		% Balance		0.00%	0.00%	0.00%	0.84%	0.84%
		# Loans		-	-	-	4	4
		% # Loans		0.00%	0.00%	0.00%	0.87%	0.87%
BANKRUPTCY		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
TOTAL		Balance		-	6,156,905.06	679,285.07	3,027,214.74	9,863,404.87
		% Balance		0.00%	3.25%	0.36%	1.60%	5.21%
		# Loans		-	14	2	7	23
		% # Loans		0.00%	3.05%	0.44%	1.53%	5.01%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent
											&n bsp;
Total Forecl osure					Total Bankruptcy and REO
									&n bsp;
Note: Dates correspond to distribution dates.
				Page 13 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	REO Report for September 25, 2003 Distribution
	REO Report - Mortgage Loans that Become REO During Current Distribution
SUMMARY				LOAN GROUP
Total Loan Count = 1				Loan Group 1 = Conform. Group; REO Book Value = Not Available
Total Original Principal Balance = 129,500.00				Loan Group 2 = Non Conform. Group; REO Book Value = Not Available
Total Current Balance = 129,136.45
REO Book Value = Not Available
REO Book Value reported co rresponds to total REO loans, including loans that become REO during current distribution.
Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
11271425 1		129,500.00	129,136.45	Apr-01-03	10.750%	MI - 70.00%	360	Jan-14-03
				Page 14 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan T rust 2003-2
	Asset Backed Certificates
											&n bsp;
	Foreclosure Report for September 25, 2003 Distribution
	Foreclosure Report - Mortgage Loans that Become Foreclosure During Current Distribution
SUMMARY				LOAN GROUP
Total Loan Count = 18				Loan Group 1 = Conform. Group
Total Original Principal Balance = 3,962,200.00				Loan Group 2 = Non Conform. Group
Total Current Balance = 3,946,424.70
Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
11269651 1		266,000.00	264,535.47	Mar-01-03	7.990%	CA - 100.00%	360	Dec-20-02
11269982 1		102,800.00	102,397.10	May-01-03	8.990%	FL - 80.00%	360	Jan-15-03
11270436 1		223,000.00	221,931.38	May-01-03	8.000%	CA - 73.11%	360	Jan-02-03
11272118 1		239,200.00	238,051.47	Apr-01-03	7.990%	CA - 80.00%	360	Jan-10-03
11272845 1		156,000.00	155,046.23	May-01-03	6.990%	CA - 80.00%	360	Jan-15-03
11277167 1		184,000.00	183,242.55	May-01-03	8.750%	TX - 80.00%	360	Jan-21-03
11332110 1		147,000.00	146,672.39	May-01-03	11.650%	CA - 70.00%	360	Jan-21-03
11334942 1		141,600.00	141,064.44	May-01-03	8.500%	NV - 80.00%	360	Jan-31-03
11335254 1		224,000.00	223,251.94	May-01-03	9.000%	CA - 80.00%	360	Feb-07-03
11339306 1		100,000.00	99,659.30	May-01-03	7.990%	WA - 80.00%	360	Mar-24-03
11344750 1		66,600.00	66,329.15	May-01-03	7.100%	FL - 90.00%	360	Mar-17-03
11344982 1		285,000.00	284,011.32	May-01-03	7.900%	IL - 100.00%	360	Mar-28-03
11352852 1		63,000.00	62,812.33	Apr-01-03	9.550%	FL - 66.32%	360	Feb-21-03
11353355 1		166,500.00	166,097.63	Apr-01-03	10.540%	FL - 90.00%	360	Feb-28-03
11271342 2		330,000.00	328,706.75	May-01-03	8.990%	CA - 100.00%	360	Jan-02-03
11335346 2		450,000.00	448,335.04	Apr-01-03	8.500%	WA - 75.00%	360	Feb-03-03
11342655 2		399,000.00	397,493.40	Apr-01-03	8.400%	TX - 100.00%	360	Feb-06-03
11343240 2		418,500.00	416,786.81	May-01-03	8.000%	TX - 90.00%	360	Feb-18-03
				Page 15 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Prepayment Report for September 25, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENTS						NON CONFORM.	CONFORM.	TOTAL
	Current
	Number of Paid in Full Loans					9	57	66
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					9	57	66
	Paid in Full Balance					4,280,406.77	9,889,820.01	14,170,226.78
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					4,694.71	74,228.04	78,922.75
	Total Prepayment Amount					4,285,101.48	9,964,048.05	14,249,149.53
	Cumulative
	Number of Paid in Full Loans					19	113	132
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					19	113	132
	Paid in Full Balance					8,701,662.16	19,393,189.82	28,094,851.98
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					12,713.25	103,909.76	116,623.01
	Total Prepayment Amount					8,714,375.41	19,497,099.58	28,211,474.99
SPACE INTENTIONALLY LEFT BLANK
Total Prepayments by Groups (in thousands of dollars)					Total Prepayments (in thousands of dollars)
&nbs p;
							��
				Page 16 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Prepayment Report for September 25, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENT RATES						NON CONFORM.	CONFORM.	TOTAL
	SMM					2.21%	1.34%	1.52%
	3 Months Avg SMM					1.49%	0.87%	1.00%
	12 Months Avg SMM
	Avg SMM Since Cut-off					1.49%	0.87%	1.00%
	CPR					23.53%	1 4.91%	16.76%
	3 Months Avg CPR					16.45%	9.93%	11.31%
	12 Months Avg CPR
	Avg CPR Since Cut-off					16.45%	9.93%	11.31%
	PSA					1690.34%	1095.52%	1225.61%
	3 Months Avg PSA Approximation					1379.95%	855.29%	969.34%
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation					1379.95%	855.29%	969.34%
	Conform.
	Non Conform.
CPR by Groups					Total CPR
PSA by Groups					Total PSA
				Page 17 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Prepayment Report for September 25, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
	Conform.
	Non Conform.
CPR Avg since Cut-Off by Groups					Total CPR Avg since Cut-Off
PSA Avg since Cut-Off by Groups					Total PSA Avg since Cut-Off
PREPAYMENT CALCULATION MET HODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases)/(Beg Principal Balance - Sched Principal)
Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)
PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))
Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn) * (1-SMMn+1) *.......*(1-SMMm)]^(1/months in period n,m)
Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)
Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m))
Average WASn,m: (min(30,WASn)+min(30,WASn+1)+.......+min(30,WASm)/(number of months in the period n,m)
Weighted Average Seasoning (WAS)
Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.
Dates correspond to distribution dates.
				Page 18 of 26				© COPYRIGHT 2003 Deutsche Bank
	&nbs p;
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Prepayment Detail Report for September 25, 2003 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
SUMMARY						LOAN GROUP
Total Loan Count = 66			& nbsp;			Loan Group 1 = Conform. Group
Total Original Principal Balance = 14,232,747.00						Loan Group 2 = Non Conform. Group
Total Prepayment Amount = 14,170,226.78
Loan Number			Original			Current	State &	Type Prepayment
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Original Term	Date
11267705 1			261,000.00	259,522.21	Aug-04-03	7.850%	CA - 90.00%	Paid Off - 360	Nov-18-02
11268117 1			178,152.00	177,403.47	Aug-07-03	8.650%	CA - 80.00%	Paid Off - 360	Dec-02-02
11268372 1			175,000.00	171,213.92	Aug-04-03	7.450%	CA - 58.33%	Paid Off - 180	Dec-09-02
11269024 1			210,000.00	208,771.34	Aug-06-03	6.990%	CA - 61.76%	Paid Off - 360	Dec-12-02
11269404 1			78,000.00	77,570.21	Aug-19-03	7.300%	CA - 38.05%	Paid Off - 360	Dec-31-02
11270006 1			90,000.00	89,480.89	Aug-11-03	6.250%	CA - 36.73%	Paid Off - 360	Dec-23-02
11270832 1			212,000.00	211,120.59	Aug-21-03	7.950%	CA - 80.00%	Paid Off - 360	Jan-02-03
11271326 1			131,200.00	130,714.55	Aug-14-03	8.500%	NY - 61. 02%	Paid Off - 360	Jan-24-03
11272043 1			267,200.00	265,930.27	Aug-27-03	7.250%	CA - 80.00%	Paid Off - 360	Jan-09-03
11272423 1			151,200.00	150,442.93	Aug-13-03	6.990%	CA - 90.00%	Paid Off - 360	Jan-17-03
11272795 1			252,000.00	250,739.89	Aug-08-03	6.990%	CA - 81.29%	Paid Off - 360	Jan-24-03
11273074 1			211,400.00	210,424.67	Aug-06-03	7.400%	CA - 70.00%	Paid Off - 360	Jan-16-03
11273504 1			116,450.00	115,972.33	Aug-01-03	7.990%	CA - 85.00%	Paid Off - 360	Jan-22-03
11274031 1			256,000.00	255,099.97	Aug-01-03	8.750%	CA - 80.00%	Paid Off - 360	Jan-22-03
11274452 1			189,500.00	188,598.46	Aug-06-03	7.250%	CA - 49.87%	Paid Off - 360	Jan-24-03
11277225 1			255,000.00	253,764.24	Aug-19-03	7.150%	CO - 78.95%	Paid Off - 360	Jan-17-03
11277605 1			128,000.00	127,421.02	Aug-05-03	7.500%	IL - 80.00%	Paid Off - 360	Jan-17-03
11277969 1			180,000.00	179,270.51	Aug-25-03	8.050%	IL - 77.25%	Paid Off - 360	Jan-16-03
11278579 1			105,600.00	105,228.73	Aug-28-03	8.750%	OH - 80.00%	Paid Off - 360	Jan-22-03
11278629 1			116,000.00	115,464.79	Aug-26-03	7.400%	MI - 80.00%	Paid Off - 360	Jan-21-03
11279437 1			175,000.00	174,339.21	Aug-13-03	8.400%	MI - 100.00%	Paid Off - 360	Jan-30-03
11281770 1			80,000.00	79,796.51	Aug-04-03	10.300%	FL - 55.17%	Paid Off - 360	Jan-27-03
11285194 1			189,000.00	188,335.52	Aug-21-03	8.750%	NJ - 70.00%	Paid Off - 360	Jan-21-03
11286481 1			129,590.00	129,054.12	Aug-07-03	7.950%	FL - 90.00%	Paid Off - 360	Jan-31-03
11286671 1			100,000.00	99,330.63	Aug-20-03	7.000%	CA - 80.00%	P aid Off - 360	Nov-14-02
11286853 1			77,000.00	76,620.03	Aug-27-03	8.600%	CT - 100.00%	Paid Off - 360	Nov-22-02
11287349 1			272,000.00	271,206.43	Aug-27-03	9.650%	CA - 80.00%	Paid Off - 360	Jan-06-03
11287398 1			269,500.00	268,461.55	Aug-29-03	8.300%	ME - 70.00%	Paid Off - 360	Jan-16-03
11287927 1			181,500.00	180,576.41	Aug-22-03	6.900%	NJ - 62.59%	Paid Off - 360	Jan-08-03
11288362 1			103 ,000.00	102,586.69	Aug-29-03	8.100%	PA - 55.38%	Paid Off - 360	Dec-31-02
11289444 1			127,710.00	127,022.26	Aug-21-03	7.700%	CA - 90.00%	Paid Off - 360	Jan-09-03
11289980 1			208,000.00	207,190.36	Aug-28-03	8.250%	CA - 78.49%	Paid Off - 360	Jan-16-03
11290368 1			137,600.00	137,035.55	Aug-05-03	7.990%	CA - 80.00%	Paid Off - 360	Jan-24-03
11331542 1			223,200.00	222,421.81	Aug-18-03	7.875%	NY - 80.00%	Paid Off - 360	Feb-04-03
11332961 1			224,000.00	223,024.79	Aug-15-03	6.750%	CA - 80.00%	Paid Off - 360	Feb-05-03
11334462 1			185,500.00	184,867.99	Aug-01-03	7.990%	CA - 72.75%	Paid Off - 360	Feb-03-03
11336161 1			288,000.00	286,917.86	Aug-29-03	7.500%	CA - 80.00%	Paid Off - 360	Feb-21-03
11336757 1			185,000.00	184,194.57	Aug-22-03	6.750%	CA - 78.72%	Paid Off - 360	Feb-13-03
11336799 1			158,200.00	157,575.41	Aug-22-03	7.250%	CA - 70.00%	Paid Off - 360	Feb-12-03
11339587 1			96,800.00	96,217.08	Aug-28-03	10.250%	IL - 59.02%	Paid Off - 360	Oct-09-02
11339850 1			124,525.00	124,128.74	Aug-11-03	9.990%	OK - 85.00%	Paid Off - 360	Dec-20-02
11340619 1			176,250.00	175,428.79	Aug-04-03	7.350%	IL - 75.00%	Paid Off - 360	Jan-30-03
11341285 1			73,500.00	73,369.39	Aug-12-03	11.100%	MO - 75.00%	Paid Off - 360	Feb-03-03
11342101 1			253,500.00	252,767.59	Aug-18-03	8.800%	IL - 75.00%	Paid Off - 360	Feb-03-03
&n bsp;
					Page 19 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Prepayment Detail Report for September 25, 2003 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
Loan Number			Original			Current	State &
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Term	Date
11345550 1			187,200.00	186,179.27	Aug-05-03	7.350%	VA - 80.00%	Paid Off - 360	Dec-23-02
11345964 1			380,000.00	378,705.41	Aug-20-03	7.990%	NY - 95.00%	Paid Off - 360	Feb-13-03
11346467 1			128,000.00	127,563.92	Aug-20-03	7.990%	CT - 80.00%	Paid Off - 360	Feb-25-03
11347366 1			157,250.00	156,736.69	Aug-19-03	8.800%	NJ - 85.00%	Paid Off - 360	Jan-29-03
11347705 1			144,000.00	143,711.87	Aug-11-03	10.550%	NJ - 60.00%	Paid Off - 360	Feb-24-03
11347762 1			63,000.00	62,830.67	Aug-04-03	9.150%	FL - 57.27%	Paid Off - 360	Feb-06-03
11349081 1			248,000.00	247,206.41	Aug-25-03	8.300%	FL - 80.00%	Paid Off - 360	Feb-07-03
11349214 1			142,500.00	142,164.93	Aug-16-03	9.790%	NJ - 75.00%	Paid Off - 360	Feb-13-03
11349339 1			50,000.00	49,909.96	Aug-14-03	11.040%	CT - 45.45%	Paid Off - 360	Feb-24-03
11352639 1			107,200.00	106,905.21	Aug-07-03	9.040%	FL - 80.00%	Paid Off - 360	Feb-24-03
11355898 1			288,000.00	287,248.14	Aug-01-03	9.290%	NJ - 80.00%	Paid Off - 360	Feb-10-03
11357506 1			311,200.00	310,087.48	Aug-12-03	7.750%	CA - 80.00%	Paid Off - 360	Feb-10-03
11358769 1			124,320.00	123,945.77	Aug-14-03	8.600%	CO - 80.00%	Paid Off - 360	Feb-28-03
11270790 2			345,000.00	343,529.93	Aug-27-03	7.800%	CA - 89.84%	Paid Off - 360	Dec-30-02
11278595 2			600,000.00	597,538.89	Aug-06-03	7.990%	NJ - 78.43%	Pai d Off - 360	Jan-27-03
11278660 2			676,000.00	672,560.04	Aug-27-03	6.900%	IL - 75.96%	Paid Off - 360	Jan-27-03
11289089 2			408,000.00	405,862.40	Aug-21-03	6.750%	CA - 85.00%	Paid Off - 360	Jan-13-03
11290095 2			596,000.00	593,518.50	Aug-22-03	7.950%	CA - 80.00%	Paid Off - 360	Jan-17-03
11290541 2			405,000.00	403,221.89	Aug-04-03	7.650%	CA - 73.64%	Paid Off - 360	Jan-23-03
11334983 2			360,000. 00	359,098.61	Aug-29-03	9.490%	CA - 81.82%	Paid Off - 360	Feb-03-03
11335320 2			490,000.00	487,650.97	Aug-19-03	6.250%	MD - 70.00%	Paid Off - 360	Feb-19-03
11339918 2			420,000.00	417,425.54	Aug-25-03	6.750%	WI - 80.00%	Paid Off - 360	Dec-09-02
					Page 20 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Realized Loss Report for September 25, 2003 Distribution
	Realized Loss Report - Collateral
COLLATERAL REALIZED LOSSES						NON CONFORM.	CONFORM.	TOTAL
	Current
	Number of Loans Liquidated					1	-	1
	Collateral Realized Loss/(Gain) Amount					68,068.00	-	68,068.00
	Net Liquidation Proceeds					260,918.13	-	260,918.13
	Cumulative
	Number of Loans Liquidated					1	-	1
	Collateral Realized Loss/(Gain) Amount					68,068.00	-	68,068.00
	Net Liquida tion Proceeds					260,918.13	-	260,918.13
	Note: Collateral Realized Loss Amount may include adjustments to loans liquidated in prior periods.
SPACE INTENTIONALLY LEFT BLANK
	Conform.						3 Months Moving Average
	Non Conform.					&nbs p;
Collateral Loss Severity Approximation by Groups					Collateral Loss Severity Approximation
				Page 21 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	A sset Backed Certificates
	Realized Loss Report for September 25, 2003 Distribution
	Realized Loss Report - Collateral
DEFAULT SPEEDS						NON CONFORM.	CONFORM.	TOTAL
& nbsp;
	MDR					0.17%	0.00%	0.03%
	3 Months Avg MDR					0.06%	0.00%	0.01%
	12 Months Avg MDR
	Avg MDR Since Cut-off					0.06%	0.00%	0.01%
	CDR					2.02%	0.00%	0.42%
	3 Months Avg CDR					0.68%	0.00%	0.14%
	12 Months Avg CDR
	Avg CDR Since Cut-off					0.68%	0.00%	0.14%
	SDA					14.48%	0.00%	3.07%
	3 Months Avg SDA Approximation					5.68%	0.00%	1.20%
	12 Months Avg SDA Approximation
	Avg SDA Since Cut-off Approximation					5.68%	0.00%	1.20%
	Loss Severity Approximation for Current Period
	3 Months Avg Loss Severity Approximation
	12 Months Avg Loss Severity Approximation
	Avg Loss Severity Approximation Since Cut-off
	Conform.
	Non Conform.
CDR by Groups					Total CDR
SDA by Groups					Total SDA
				Page 22 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Realized Loss Report for September 25, 2003 Distribution
	Realized Loss Report - Collateral
								& nbsp;
	Conform.
	Non Conform.
CDR Avg since Cut-Off by Groups					Total CDR Avg since Cut-Off
SDA Avg since Cut-Off by Groups					Total SDA Avg since Cut-Off
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)*0.02,MAX(0.03,MIN(30,WAS)*0.02-0.0095*(WAS-60)))
Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn) * (1-MDRn+1) *.......*(1-MDRm)]^(1/months in period n,m)
Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
Average SDA Approximation over period between the nth month and mth month:
AvgCDRn,m/IF(Avg WASn,m<61,MIN (30,Avg WASn,m)*0.02,MAX(0.03,MIN(30,Avg WASn,m)*0.02-0.0095*(Avg WASn,m-60)))
Average WASn,m: (WASn + WASn+1 +.......+ WASm )/(number of months in the period n,m)
Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)
Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
Dates corresp ond to distribution dates.
				Page 23 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Realized Loss Detail Report for September 25, 2003 Distribution
	Realized Loss Detail Report - Loans Liquidated During Current Distribution
SUMMARY						LOAN GROUP
Total Loan Count = 1						Loan Group 1 = Conform. Group
Total Original Principal Balance = 330,000.00						Loan Group 2 = Non Conform. Group
Total Prior Principal Balance = 328,986.13					;
Total Realized Loss Amount = 68,068.00
Total Net Liquidation Proceeds = 260,918.13
Note: Total Realized Loss Amount may include adjustments to loans liquidated in prior periods.
Loan Number			Original	Prior		Current	State &
&		Loan	Principal	Principal	Realized	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Balance	Loss/(Gain)	Rate	Origination	Term	Date
11344008 2			330,000.00	328,986.13	68,068.00	8.500%	CO - 100.00%	360	Feb-24-03
					Page 24 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremont Home Loan Trust 2003-2
	Asset Backed Certificates
	Triggers, Adj. Rate Cert. and Miscellaneous Report for September 25, 2003 Distribution
	Triggers, Adj. Rate Cert. and Miscellaneous Report
TRIGGER EVENTS						NON CONFORM.	CONFORM.	TOTAL
	Step Down Date?							No
	Trigger Event Occuring?							No
	Delinquency Percentage							1.755304%
	Beginning Credit Enhancement Percentage							18.802984%
	Ending Credit Enhancement Percentage							19.113781%
ADJUSTABLE RATE CERTIFICATE INFORMATION						NON CONFORM.	CONFORM.	TOTAL
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION						NON CONFORM.	CONFORM.	TOTAL
SPACE INTENTIONALLY LEFT BLANK
;				Page 25 of 26				© COPYRIGHT 2003 Deutsche Bank
	Fremon t Home Loan Trust 2003-2
	Asset Backed Certificates
	Additional Certificate Report for September 25, 2003 Distribution
	Additional Certificate Report
	CLASS				Relief Act Interest Shortfalls	Net WAC Rate Carryover Amt	Unpaid Realized Loss Amt	Interest Carry Forward Amt
	A-1				0.00	0.00	0.00	0.00
	A-2				0.00	0.00	0.00	0.00
	M-1A				0.00	0.00	0.00	0.00
	M-1H				0.00	0.00	0.00	0.00
	M-2				0.00	0.00	0.00	0.00
	M-3				0.00	0.00	0.00	0.00
	M-4A				0.00	0.00	0.00	0.00
	M-4F	& nbsp;			0.00	0.00	0.00	0.00
	M-5A				0.00	0.00	0.00	0.00
	M-5F				0.00	0.00	0.00	0.00
	C				1,637.35	0.00	0.00	68,068.00
				Page 26 of 26				© COPYRIGHT 2003 Deutsche Bank