EXHIBIT 1

                          INDEPENDENT AUDITORS' CONSENT


  We hereby consent to the incorporation by reference in the Prospectus
  Supplement of ACE Securities Corp., relating to Home Equity Loan Trust, Series
  2002-HE2, Asset Backed Pass-Through Class A-2B Certificates comprising part of
  the Registration Statement (No. 333-81236) of ACE Securities Corp., of our
  reports, dated February 1, 2002, each of which is included or incorporated by
  reference in MBIA Inc.'s Annual Report on Form 10-K for the year ended
  December 31, 2001, relating to our audits of: the consolidated financial
  statements of MBIA Inc. and Subsidiaries as of December 31, 2001 and 2000 and
  for each of the three years in the period ended December 31, 2001; the
  consolidated financial statement schedules of MBIA Inc. and Subsidiaries as of
  December 31, 2001 and 2000 and for each of the three years in the period ended
  December 31, 2001; and, the consolidated financial statements of MBIA
  Insurance Corporation and Subsidiaries as of December 31, 2001 and 2000 and
  for each of the three years in the period ended December 31, 2001. We also
  consent to the reference to our firm under the caption "Experts" in the
  Prospectus Supplement.



  /s/ PricewaterhouseCoopers LLP
  ------------------------------
  PricewaterhouseCoopers LLP

  New York, New York
  October 7, 2002