Litton Loan Servicing LP

January 10, 2003

As of December 31, 2002, Litton Loan Servicing LP (the Company)
has complied in all material respects with the minimum servicing
standards set forth in the Mortgage Bankers Association of
Americas Uniform Single Attestation Program for Mortgage Bankers.
As of and for this same period, Litton Loan Servicing LP had in
effect a fidelity bond in the amount of $15,000,000 and an errors
and omissions policy in the amount of $15,000,000.

In January 2003, the Company identified certain custodial accounts
that had not been reconciled timely during the year ended December
31, 2002. Upon notification of this issue, management immediately
began an effort to bring these custodial accounts current. The
Company has currently reconciled all custodial accounts, and has
implemented controls to ensure the timely and accurate
reconciliation of custodial accounts.



/s/ Larry B. Litton, Sr.
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Larry B. Litton, Sr.
President & CEO
January 10, 2003

/s/ Janice McClure
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Janice McClure
Senior Vice President
January 10, 2003