Correction: Fitch Affirms 1 Class & Upgrades 33 Classes From 7 RMBS Securitizations.

Business Editors

NEW YORK--(BUSINESS WIRE)--April 29, 2003

(This is an amended version of a press release issued earlier, containing rating action information on seven, not two RMBS securitizations)

Fitch Ratings has upgraded 33 classes and affirmed one class of the following residential mortgage-backed certificates:

CWMBS, Inc. (IndyMac), mortgage pass-through certificates, series 1998-J Group 1

-- Class B1A affirmed at 'AAA';

-- Class B1B to 'AAA' from 'AA';

-- Class B1C to 'AAA' from 'A';

-- Class B1D to 'AA' from 'BBB';

-- Class B1E to 'BBB-' from 'B'.

CWMBS, Inc. (IndyMac), mortgage pass-through certificates, series 1998-J Group 2

-- Class B2A to 'AAA' from 'AA';

-- Class B2B to 'AAA' from 'A';

-- Class B2C to 'AA' from 'BBB';

-- Class B2D to 'BBB-' from 'BB'.

Wells Fargo Asset Securities Corporation, mortgage pass-through certificates, series 2001-3

-- Class B1 to 'AAA' from 'AA';

-- Class B2 to 'AAA' from 'A';

-- Class B3 to 'AAA' from 'BBB';

-- Class B4 to 'AA+' from 'BB';

-- Class B5 to 'BBB' from 'B'.

Wells Fargo Asset Securities Corporation, mortgage pass-through certificates, series 2001-4

-- Class B1 to 'AAA' from 'AA';

-- Class B2 to 'AAA' from 'A';

-- Class B3 to 'AAA' from 'BBB';

-- Class B4 to 'AAA' from 'BB';

-- Class B5 to 'AA-' from 'B'.

Wells Fargo Asset Securities Corporation, mortgage pass-through certificates, series 2001-5

-- Class B1 to 'AAA' from 'AA';

-- Class B2 to 'AAA' from 'A';

-- Class B3 to 'AAA' from 'BBB';

-- Class B4 to 'AA+' from 'BB';

-- Class B5 to 'A+' from 'B'.

Wells Fargo Asset Securities Corporation, mortgage pass-through certificates, series 2001-6

-- Class B1 to 'AAA' from 'AA';

-- Class B2 to 'AAA' from 'A';

-- Class B3 to 'AAA' from 'BBB';

-- Class B4 to 'AAA' from 'BB';

-- Class B5 to 'A+' from 'B'.

Wells Fargo Asset Securities Corporation, mortgage pass-through certificates, series 2001-7

-- Class B1 to 'AAA' from 'AA';

-- Class B2 to 'AA+' from 'A';

-- Class B3 to 'AA-' from 'BBB';

-- Class B4 to 'BBB+' from 'BB';

-- Class B5 to 'BB-' from 'B'.

These rating actions are being taken as a result of low delinquencies and losses, as well as increased credit support.

Further information regarding current delinquency, loss and credit enhancement statistics is available on the Fitch Ratings web site at www.fitchratings.com.