Chase Mortgage Finance Corp · 10-K · For 12/31/03 · EX-99.1

Filed On 3/30/04 5:22pm ET   ·   SEC File 33-20484   ·   Accession Number 1125282-4-1378

Annual Report   ·   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                         34    277K 
 2: EX-99.1     Report of Independent Accountants                      2     11K 
 3: EX-99.2     Report of Independent Accountants                     15     50K 
 4: EX-99.3     Officers' Certificate                                 15     51K 

EX-99.1   ·   Report of Independent Accountants

EX-99.1
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                                                                    Exhibit 99.1
[PriceWaterhouseCoopers Letterhead]                                             

                                                    PriceWaterhouseCoopers LLP
                                                     1177 Avenue of the Americas
                                           New York NY 10036
                                                Telephone 646 471 4000
                                                  Facsimile (813) 286 6000

 Report of Independent Accountants

To the Board of Directors and Stockholder                                       
of Chase Manhattan Mortgage Corporation:                                        

We have examined management's assertion about Chase Manhattan Mortgage          
Corporation's (the "Company") compliance with the minimum servicing standards   
identified 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, 2003 included in the accompanying management assertion (see Exhibit
I). The Company performs loan subservicing functions for the residential loan   
servicing portfolio of its affiliate, Chase Mortgage Company West. 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 made in accordance with attestation standards established by
the American Institute of Certified Public Accountants and, accordingly,        
included examining, on a test basis, evidence about the Company's compliance    
with the minimum servicing standards 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 minimun servicing      
standards.                                                                      

In our opinion, management's assertion that the Company complied with the       
aforementioned minimun servicing standards as of and for the year ended December
31, 2003 is fairly stated, in all material respects.                            

/s/PriceWaterhouseCoopers LLP                                                   

March 4, 2004                                                                   

EX-99.1
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                                                                    Exhibit 99.1

[Chase Manhattan Mortgage Corporation Letterhead] 

Chase Manhattan Mortgage Corporation                                            
3415 Vision Drive                                                               
Columbus OH 43219                                                               
                                                                       Exhibit I

Management's Assertion Concerning Compliance
 with USAP Minimum Servicing Standards

March 3, 2004                                                                   

As of and for the year ended December 31, 2003, Chase Manhattan Mortgage        
Corporation and its subsidiaries (collectively, the "Group") have complied in   
all material respects with the minimum servicing standards (the "Standards") set
forth in the Mortgage Bankers Association of America's Uniform Single           
Attestation Program for Mortgage Bankers ("USAP"). These standards are          
applicable only to Chase Manhattan Mortgage Corporation's prime and subprime    
mortgage portfolios.                                                            

As of and for this same period, the Group had in effect fidelity bond and errors
and omissions policy in the amounts of $250,000,000 and $25,000,000             
respectively.                                                                   

/s/ Steve Rotella                             /s/ Terry L. Gentry               
-------------------------------------         ----------------------------------
Steve Rotella                                 Terry L. Gentry                   
Chief Executive Officer                       Senior Vice President of Servicing

/s/ Lucy Gambino                                                                
-------------------------------------                                           
Lucy Gambino                                                                    
Vice President of Risk Management                                               

Dates Referenced Herein   and   Documents Incorporated By Reference

				Referenced-On Page
This 10-K Filing		Date		First		Last			Other Filings
For The Period Ended		12/31/03		1		2
		3/3/04		2
		3/4/04		1
Filed On / Filed As Of		3/30/04
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