99.2 KPMG LLP company logo here KPMG LLP 600 Fleet Center 60 Kennedy Plaza Providence, RI 02903-23321 INDEPENDENT ACCOUNTANTS' REPORT The Board of Directors Ocean Bank, F.S.B. We have examined management's assertion, included in the accompanying Management Assertion, that Ocean Bank, F.S.B., formerly known as Home Loan and Investment Bank, F.S.B., complied with the minimum servicing standards set forth in the Mortgage Bankers Association of America's Uniform Single Attestation Program for Mortgage Bankers (USAP) as of and for the year ended December 31, 2004. Management is responsible for Ocean Bank F.S.B.'s compliance with those minimum servicing standards. Our responsibility is to express an opinion on management's assertion about Ocean Bank F.S.B.'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 Ocean Bank F.S.B.'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 Ocean Bank F.S.B.'s compliance with the minimum servicing standards. In our opinion, management's assertion that Ocean Bank F.S.B. complied with the aforementioned minimum servicing standards as of and for the year ended December 31, 2004 is fairly stated, in all material respects. /s/: KPMG LLP March 15, 2005 KPMG LLP is a limited liability partnership in the U.S. member firm of KPMG International, a Swiss cooperative <page> OCEAN BANK company logo here Management Assertion As of and for the year ended December 31, 2004, Ocean Bank, F.S.B. has 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, Ocean Bank, F.S.B. had in effect a fidelity bond and errors and omissions policy in the amounts of $5,000,000 and $3,000,000 respectively. /s/: John M. Murphy John M. Murphy President and Chief Executive Officer /s/: Peter Lachapelle Peter Lachapelle Chief Operating Officer Date: March 15, 2005 Corporate Headquarters Two Altieri Way Warwick, Rhode Island 02886-1765 1.800.223.1700 Member of FDIC