99.2 KPMG LLP company logo here KPMG LLP Three Wachovia Center Suite 2300 401 South Tryon Street Charlotte, NC 28202-1911 INDEPENDENT ACCOUNTANT'S REPORT The Board of Directors HomEq Servicing Corporation We have examined management's assertion, included in the accompanying Management's Assertion, that HomEq Servicing Corporation (the Company) complied in all material respects with the minimum servicing standards set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers as of and for the year ended December 31,2004. 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 and, accordingly, including examining, on a test basis, evidence about the Company's compliance with the minimum servicing standards specified above 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 the minimum servicing standards. In our opinion, management's assertion that the Company complied with the aforementioned minimum servicing standards during the year ended December 31, 2004 is fairly stated, in all material respects. /s/: KPMG LLP KPMG LLP February 25, 2005 KPMG LLP is a limited liability partnership in the US Member firm of KPMG International, a Swiss cooperative <page> HOMEEQ SERVICING logo here Management's Assertion As of and for the year ended December 31, 2004, HomEq Servicing Corporation (the "Company") complied in all material respects with the minimum servicing standards set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers. As of and for this same period, the Company had in effect a fidelity bond and errors and omissions policy in the amounts of $200 million and $20 million, respectively. HomEq Servicing Corporation /s/: Arthur Q. Lyon Arthur Q. Lyon President Date: February 25, 2005 /s/: Keith G. Becher Keith G. Becher Chief Operating Officer Date: February 25, 2005 Wachovia logo here