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Fitch Rates Centex Home Equity.

NEW YORK -- Fitch Ratings has taken rating actions on the following Centex Home Equity deals:

Series 2000-C group 1

-- Classes A-4, A-5 and A-6 affirmed at 'AAA' (MBIA insured)

Series 2000-C group 2

-- Class A-7 affirmed at 'AAA' (MBIA

insured)

Series 2000-D group 1

-- Classes A-4, A-5, and A-6 affirmed at 'AAA' (FSA insured)

Series 2000-D group 2

-- Class A-7 affirmed at 'AAA' (FSA insured)

Series 2001-A group 1

-- Classes A-4, A-5 and A-6 affirmed at 'AAA' (MBIA insured)

Series 2001-A group 2

-- Class A-7 affirmed at 'AAA' (MBIA insured)

Series 2001-B

-- Classes A-4, A-5, A-6 and A-7 affirmed at 'AAA'

-- Class M-1 affirmed at 'AA'

-- Class M-2 affirmed at 'A'

-- Class B affirmed at 'BBB'

Series 2001-C

-- Classes A-4, A-5, A-6 and A-7 affirmed at 'AAA'

-- Class M-1 affirmed at 'AA'

-- Class M-2 affirmed at 'A'

-- Class B affirmed at 'BBB'

Series 2002-A group 1

-- Classes AF-4, AF-5, and AF-6 affirmed at 'AAA'

-- Class MF-1 affirmed at 'AA'

-- Class MF-2 affirmed at 'A'

-- Class BF affirmed at 'BBB'

Series 2002-A group 2

-- Class AV affirmed at 'AAA'

-- Class MV-1 affirmed at 'AA'

-- Class MV-2 affirmed at 'A'

-- Class BV affirmed at 'BBB'

Series 2002-B group 1

-- Class AF-4, AF5-5, AF-6 affirmed at 'AAA'

-- Class MF-1 affirmed at 'AA'

-- Class MF-2 affirmed at 'A'

-- Class BF affirmed at 'BBB'

Series 2002-B group 2

-- Class AV affirmed at 'AAA'

-- Class MV-1 affirmed at 'AA'

-- Class MV-2 affirmed at 'A'

-- Class BV affirmed at 'BBB'

Series 2002-C

-- Classes AF-3, AF-4, AF-5, AF-6 and AV affirmed at 'AAA'

-- Class M-1 affirmed at 'AA'

-- Class M-2 affirmed at 'A'

-- Class B-1 affirmed at 'BBB'

-- Class B-2 affirmed at 'BBB-'

Series 2002-D

-- Classes AF-3, AF-4, AF-5, AF-6 and AV affirmed at 'AAA'

-- Class M-1 affirmed at 'AA'

-- Class M-2 affirmed at 'A'

-- Class B affirmed at 'BBB'

Series 2003-A

-- Classes AF-3, AF-4, AF-5, AF-6, AV-1 and AV-2 affirmed at 'AAA'

-- Class M-1 affirmed at 'AA'

-- Class M-2 affirmed at 'A+'

-- Class M-3 affirmed at 'A-'

-- Class B affirmed at 'BBB'

Series 2003-B

-- Class AF-2, AF-3, AF-4, AF-5, AF-6, and AV affirmed at 'AAA'

-- Class M-1 affirmed at 'AA'

-- Class M-2 affirmed at 'A+'

-- Class M-3 affirmed at 'BBB+'

-- Class B affirmed at 'BBB'

Series 2003-C

-- Class AF-1, AF-2, AF-3, AF-4, AF-5, AF-6, and AV affirmed at 'AAA'

-- Class M-1 affirmed at 'AA'

-- Class M-2 affirmed at 'A+'

-- Class M-3 affirmed at 'A-'

-- Class B affirmed at 'BBB'

The affirmations, affecting approximately $2.5 billion of outstanding certificates, reflect asset performance and credit enhancement (CE) levels generally consistent with expectations.

Of the non-insured transactions, the transactions that are 2001 vintage have at least one and a half times original CE levels and pool factors (mortgage loan principal outstanding as a percentage of initial mortgage loan principal) between 32% and 34%. The transactions that are 2002 vintage have at least two times original CE levels and pool factors between 28% and 44%. The 2003 vintage transactions have at least two times original CE levels and pool factors between of 49% and 61%.

All of the Centex transactions are secured by adjustable- and fixed-rate mortgages extended to subprime quality borrowers.

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

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