Fitch Ratings Affirms 16 RMBS Classes From 1 Bayview Issue.

Business Editors

NEW YORK--(BUSINESS WIRE)--Aug. 26, 2003

Fitch Ratings has affirmed the following Bayview Financial Acquisition Trust Issue:

Series 1998-1 GROUP 1:

-- Class IA 'AAA';

-- Class IO-I 'AAA';

-- Class IM1 'AA';

-- Class IM2 'A';

-- Class IM3 'BBB;

-- Class IM4 'BBB;

-- Class IB1 'BB';

-- Class IB2 'B'.

Series 1998-1 GROUP 2:

-- Class II-A 'AAA';

-- Class IO-II 'AAA';

-- Class IIM1 'AA';

-- Class IIM2 'A';

-- Class IIM3 'BBB;

-- Class IIM4 'BBB;

-- Class IIB1 'BB';

-- Class IIB2 'B'.

The affirmations on these classes reflect levels of credit enhancement consistent with future loss expectations.

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