EXHIBIT 99.2

                                EQUITY ONE, INC.

                              Officer's Certificate

                          Annual Statement of Servicer

     Equity One ABS, Inc. Mortgage Pass-Through Certificates, Series 2003-4
     ----------------------------------------------------------------------

     Pursuant to the  provisions of the Pooling and Servicing  Agreement for the
above captioned series (the "Agreement"),  the undersigned hereby certifies that
he is an officer of Equity One, Inc. (the  "Servicer"),  and does hereby further
certify that:

     1. A review of the activities of the Servicer  during the fiscal year ended
November 30, 2003 and of its performance under the Agreement has been made under
his supervision; and

     2. To the best of his  knowledge,  based on such  review,  the Servicer has
fulfilled  all of its  obligations  under the Agreement  throughout  such fiscal
year.

     IN WITNESS WHEREOF, the undersigned has executed this Officer's Certificate
on behalf of the Servicer as of this 1st day of March, 2004.

                                                EQUITY ONE, INC.


                                                By: /s/ Dennis J. Lauria
                                                   -----------------------------
                                                   Dennis J. Lauria,
                                                   Senior Vice President