Bay View Transaction Corporation
Bay View 2003 LJ-1 Owner Trust
For Payment Date: September 27, 2004
For Collection Period: August 2004
For Determination Date: September 15, 2004


A. PRINCIPAL BALANCE RECONCILIATION	A-1			A-2			A-3			A-4			# LOANS			TOTAL			LOAN BALANCE

(A) Original Principal Balance		24,300,000.00			62,525,000.00			40,650,000.00			65,812,508.00			7,315			193,287,508.00			193,287,508.00
(B) Beginning Balance		0.00			18,107,728.03			40,650,000.00			65,812,508.00			5,440			124,570,236.03			124,570,236.03
(C) Collections (Regular Payments)		0.00			1,788,469.62			0.00			0.00			N/A			1,788,469.62			1,788,469.62
(D) Withdrawal from Payahead (Principal)		0.00			294.06			0.00			0.00			N/A			294.06			294.06
(E) Collections (Principal Payoffs)		0.00			2,835,001.05			0.00			0.00			142			2,835,001.05			2,835,001.05
(F) Gross Charge Offs (Prior Mo. End Bal)		0.00			226,515.67			0.00			0.00			10			226,515.67			226,515.67
(G) Principal Reductions (Other)(Partial chg-off)		0.00			0.00			0.00			0.00			N/A			0.00			0.00
(H) Repurchases		0.00			0.00			0.00			0.00			0			0.00			0.00
(I) Ending Balance		0.00			13,257,447.63			40,650,000.00			65,812,508.00			5,288			119,719,955.63			119,719,955.63

(J) Certificate Factor		0.000000	%		21.203435	%		100.000000	%		100.000000	%		72.289815	%		61.938796	%		61.938796	%

Notional Principal Balance: Class I
(K) Beginning																				89,540,624.00
(L) Reduction																				4,595,353.00
(M) Ending																				84,945,271.00

Notional Principal Balance: Companion Component (N) Beginning																				35,029,612.03
(O) Reduction																				254,927.40
(P) Ending																				34,774,684.63

B. CASH FLOW RECONCILIATION																			TOTALS

(A) CASH WIRED-PRINCIPAL AND INTEREST COLLECTIONS																				5,515,144.94
(B) INTEREST WIRED — COLLECTION ACCOUNT & PAYAHEAD ACCOUNT																				7,118.62
(C) WITHDRAWAL FROM PAYAHEAD ACCOUNT																				0.00
1) allocable to principal																				294.06
2) allocable to interest																				0.00
(D) ADVANCES																				3,580.33
(E) REPURCHASES																				0.00
(F) GROSS CHARGE OFF RECOVERIES																				126,179.37
(G) SPREAD ACCOUNT WITHDRAWAL																				0.00
(H) Policy Draw for “I” Interest																				0.00
(I) Policy Draw for “A-1” Interest or Ultimate Principal																				0.00
(J) Policy Draw for “A-2” Interest or Ultimate Principal																				0.00
(K) Policy Draw for “A-3” Interest or Ultimate Principal																				0.00
(L) Policy Draw for “A-4” Interest or Ultimate Principal																				0.00

TOTAL COLLECTIONS																				5,652,317.32

C. TRUSTEE DISTRIBUTION																			TOTAL

(A) TOTAL CASH FLOW																				5,652,317.32
(B) DEPOSIT TO PAYAHEAD																				0.00
(C) Indenture Trustee Fee (not to exceed $20,000)																				1,833.33	*
(D) UNRECOVERED INTEREST ADVANCES																				1,324.87
(E) SERVICING FEE (DUE AND UNPAID)																				103,808.53
(F) Standby Servicing Fee (not to exceed $50,000)																				4,671.38
(G) Owner Trustee Fee (not to exceed $25,000)																				0.00
(H) INTEREST TO “A-1” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				0.00
(I) INTEREST TO “A-2” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				25,803.51
(J) INTEREST TO “A-3” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				82,316.25
(K) INTEREST TO “A-4” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				188,662.52
(L) Interest to “I” Certificate Holders, including Overdue																				108,194.92
(M) PRINCIPAL TO “A-1” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				0.00
(N) PRINCIPAL TO “A-2” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				4,850,280.40
(O) PRINCIPAL TO “A-3” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				0.00
(P) PRINCIPAL TO “A-4” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				0.00
(Q) Policy Premium and Unreimbursed Draws																				34,918.32
® Spread Account (up to the Requisite Amount)																				0.00
(S) Additional Unpaid Standby Servicing Fee																				0.00
(T) Additional Unpaid Indenture Trustee Fee																				0.00
(U) Additional Unpaid Owner Trustee Fee																				0.00
(V) Interests Advance Recovery Payments																				0.00
(W) EXCESS YIELD																				250,503.29

BALANCE																				0.00

D. SPREAD ACCOUNT																			SPREAD

(A) BEGINNING BALANCE																				5,985,981.18
(B) ADDITIONS TO SPREAD AMOUNT																				250,503.29
(C) INTEREST EARNED																				6,218.36
(D) DRAWS																				0.00
(E) REIMBURSEMENT FOR PRIOR DRAWS																				N/A
(F) DISTRIBUTION OF FUNDS TO SERVICER																				N/A
(G) PRIOR MONTH DISTRIBUTION OF FUNDS TO ISSUER																				187,355.94
(H) ENDING BALANCE																				6,055,346.89

(I) REQUIRED BALANCE																				5,798,625.24
(J) CURRENT MONTH DISTRIBUTION OF FUNDS TO ISSUER																				256,721.65


E. CURRENT RECEIVABLES DELINQUENCY			NUMBER		BALANCE

# PAYMENT DELINQUENCY
(A) 31-60				14		352,108.67
(B) 61-90				6		131,839.64
(C) TOTAL				20		483,948.31

(D) 90+ days				1		26,828.64

F. REPOSSESSIONS

(A) COLLECTION PERIOD REPOSSESSIONS (CURRENT PERIOD END BAL)				7		175,465.61
(B) AGGREGATE REPOSSESSIONS				97		2,464,344.47
(C) UNLIQUIDATED REPOSSESSIONS				10		233,603.62

G. PAYAHEAD RECONCILIATION

(A) BEGINNING BALANCE						5,199.22
(B) DEPOSIT						0.00
(C) WITHDRAWAL						294.06
(D) ENDING BALANCE						4,905.16

PERFORMANCE TEST
H. DELINQUENCY RATIO (30+)

MONTH	DELINQUENT MONTH BALANCE		POOL BALANCE			DELINQUENCY %

(A) CURRENT		483,948.31		119,719,955.63		0.4042	%
(B) 1ST PREVIOUS		239,403.19		124,570,236.03		0.1922	%
(C) 2ND PREVIOUS		237,102.55		129,539,356.28		0.2168	%
(D) THREE MONTH ROLLING AVERAGE		320,151.35		124,609,849.31		0.2711	%

I. CUMULATIVE DEFAULT RATE	MONTH BALANCE		ORIGINAL POOL BALANCE		Default Rate %

(A) Defaulted Receivables (Current Period)		175,465.61
(B) Cumulative Defaulted Receivables (Prior Month)		2,543,811.60
(C) Cumulative Defaulted Receivables (Current Month)		2,719,277.21		193,287,508.00		1.41	%

J. CUMULATIVE NET LOSS RATE	MONTH BALANCE		ORIGINAL POOL BALANCE		Net Loss Rate %
(A) Collection Period Charge-Off receivables		226,515.67
(B) 50% of Purchase Receivables with scheduled payment delinquent more than 30 days		—
(C) Aggregate Cram Down Losses during period		—
(D) Less: Recoveries (current month)		126,179.37
(E) Prior Period Adjustment		—
(F) Net Losses current period		100,336.30
(G) Prior Period cumulative net losses		1,429,865.53
(H) Cumulative Net Losses (current period)		1,530,201.83		193,287,508.00		0.79	%

(I) Total Defaults		175,465.61
(J) 50% of defaulted Receivables ( not included in Collection Period Charge-Off Receivables)		87,732.81

(K) Cumulative net losses including 50% of defaults		1,617,934.64		193,287,508.00		0.84	%

K. EXTENSION RATE	MONTH BALANCE		POOL BALANCE		Extension Rate %
(A) Principal Balance of Receivables extended during current period (not to exceed 1% of Original Pool Balance)		418,130.78		119,719,955.63		0.35	%

L. LOCKBOX TEST			AMOUNT		NUMBER
(A) Total Payments to Lockbox (Current Month)				2,776,872.29		4,883
(B) Total Payments (Current Month)				5,641,324.31		5,449
(C) Lockbox Payment Percentage						89.61	%

M. FINANCIAL COVENANTS

(A) Monthly BVAC capital (at least $50MM)						50,000
(B) Monthly BVAC cash and working capital borrowing capacity (at least $5MM)						21,889
(C) Monthly BVAC net worth (at least $20MM)						63,328

N. WAC-Weighted Average Coupon						8.6215	%
O. WAM-Weighted Average Maturity						63.31

Revised in order to include the Indenture Trustee Fee of $1,833.33 in the waterfall, which resulted to the adjustments in the Spread account.

/s/ Angelica Velisano

APPROVED BY:

/s/ Lisa Staab

Prepared by: Angelica Velisano

Lisa Staab

Senior Accounting Analyst

VP, Controller

Bay View Acceptance Corp

Bay View Acceptance Corp

BAY VIEW TRANSACTION CORP 8-K/A