SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): ~~December~~August 2625, 2003 Financial Asset Securities Corp., (as depositor, Litton Loan Servicing LP, as Servicer, and Deutsche Bank National Trust Company, as Trustee). FINANCIAL ASSET SEC CORP ASSET BACKED CERTS SER 2003-1 (Exact name of Registrant as specified in its Charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-104153-09 06-1442101 (Commission File Number) (I.R.S. Employer Identification No.) 600 Steamboat Road Greenwich, Connecticut 06830 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (203) 625-2700 Item 5. Other Events Attached hereto is a copy of the Monthly Remittance Statements to the Certificateholders which was derived from the monthly information submitted by the Master Servicer of the Trust to the Trustee. Item 7. Financial Statement and Exhibits Exhibits: (as noted in Item 5 above) Monthly Remittance Statement to the Certificateholders dated as of ~~December~~August 2625, 2003. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Deutsche Bank National Trust Company, not in its individual capacity, but solely as a duly authorized agent of the Registrant pursuant to the Pooling and Servicing Agreement, dated as of July 15,2003. Date: ~~Jan~~Apr 0215, 2004 By: /s/ Katherine M. Wannenmacher Katherine M. Wannenmacher Vice President EXHIBIT INDEX DOCUMENT Monthly Remittance Statement to the Certificateholders dated as of ~~December~~August 2625, 2003.

	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	December 26, 2003 Distribution
	August 25, 2003 Distribution
	Contents
			TABLE OF CONTENTS
								Page
			1.	Contents				1
			2.	Certificate Payment Report				2
			3.	Collection Account Report				4
			4.	Credit Enhancement Report				7
			5.	Collateral Report				8
			6.	Delinquency Report				11
			7.	REO Report				12
			8.	Foreclosure Report				13
			9.	Prepayment Report				14
			10.	Prepayment Detail Report				17
			11.	Realized Loss Report				2019
			12.	Realized Loss Detail Report				2322
			13.	Triggers, Adj. Rate Cert. and Miscellaneous Report				2423
			14.	Additional Certificate Report				2524
				Total Number of Pages				2524
			CONTACTS
				Administrator: Eiko Akiyama
				Direct Phone Number: (714)247-6328
				Address: Deutsche Bank
				1761 E. St. Andrew Place, Santa Ana, CA 92705
				Web Site: https://www.corporatetrust.db.com/invr
				Factor Information: (800) 735-7777
				Main Phone Number: (714) 247-6000
ISSUANCE INFORMATION
	Seller:		Greenwich Capital Financial Products, In					Cut-Off Date: July 15, 2003
	Certificate Insurer(s):							Closing Date: August 15, 2003
								First Payment Date: August 25, 2003
	Servicer(s):		Litton Loan Servicing Master Servicer
								Distribution Date: December 26, 2003
								Distribution Date: August 25, 2003
	Underwriter(s):		Greenwich Capital Markets					Record Date: ~~December~~August 2422, 2003
								November 28, 2003
								July 31, 2003
						Page 1 of 25					© COPYRIGHT 2003 Deutsche Bank
						Page 1 of 24					© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Series 2003-1
	Certificate Payment Report for December 26, 2003 Distribution
	Certificate Payment Report for August 25, 2003 Distribution
	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
A		216,582,000.00			~~177~~216,~~132~~582,~~101~~000.3900	~~239~~93,~~282~~852.1020	94,~~637~~951,~~675~~797.5081	95,~~876~~045,~~957~~650.6001	-	-	~~167~~211,~~494~~630,~~425~~202.8919
M-1		19,149,000.00			19,149,000.00	3210,~~463~~425.5457	-	3210,~~463~~425.5457	-	-	19,149,000.00
M-2		17,432,000.00			17,432,000.00	5016,~~567~~269.9387	-	5016,~~567~~269.9387	-	-	17,432,000.00
M-3		3,302,000.00			3,302,000.00	134,~~132~~228.9039	-	134,~~132~~228.9039	-	-	3,302,000.00
M-4		3,302,000.00			3,302,000.00	144,~~554~~687.6001	-	144,~~554~~687.6001	-	-	3,302,000.00
M-5		2,905,000.00			2,905,000.00	144,~~055~~526.4696	-	144,~~055~~526.4696	-	-	2,905,000.00
C		1,452,974.36			21,~~921~~452,~~666~~974.9936	-	-	-	-	-	41,~~303~~452,~~481~~974.0836
S		-			-	~~315~~356,~~839~~920.2988	-	~~315~~356,~~839~~920.2988	-	-	-
R		-			-	-1,797,711.98	-	-1,797,711.98	-	-	-
R-X		-			-	-	-	-	-	-	-
ARR1		1,788,679.19			491,~~549~~788,679.6119	-	~~586~~792,625.3541	~~586~~792,625.3541	-	-	48996,~~963~~053.2678
ARR2		2,221,150.56			12,~~732~~221,~~612~~150.2556	-	7943,~~071~~854.6604	7943,~~071~~854.6604	-	-	12,~~653~~177,~~540~~296.5952
Total		268,134,804.11			~~227~~268,~~925~~134,~~930~~804.2411	~~679~~2,~~895~~288,622.8286	95,~~717~~788,~~333~~277.5126	108,~~397~~076,~~229~~900.3312	-	-	~~219~~262,~~590~~346,~~410~~526.8285
	Interest Accrual Detail				Current Period Factor Information per $1,000 of Original Face
						Orig. Principal	Prior				Current
	Period	Period				(with Notional)	Principal			Total	Principal
Class	Starting	Ending		Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
							(1)	(2)	(3)	(4)=(2)+(3)	(5)
A	1108/2515/03	1208/2524/03		A-Act/360	83611MAA6	216,582,000.00	~~817~~1,000.~~852367~~000000	10.~~104811~~433333	4422.~~498968~~863386	4523.~~603779~~296719	~~773~~977.~~353399~~136614
M-1	1108/2515/03	1208/2524/03		A-Act/360	83611MAD0	19,149,000.00	1,000.000000	10.~~695313~~544445	-	10.~~695313~~544445	1,000.000000
M-2	1108/2515/03	1208/2524/03		A-Act/360	83611MAE8	17,432,000.00	1,000.000000	20.~~900868~~933334	-	20.~~900868~~933334	1,000.000000
M-3	1108/2515/03	1208/2524/03		A-Act/360	83611MAK4	3,302,000.00	1,000.000000	31.~~977256~~280554	-	31.~~977256~~280554	1,000.000000
M-4	1108/2515/03	1208/2524/03		A-Act/360	83611MAH1	3,302,000.00	1,000.000000	41.~~407813~~419446	-	41.~~407813~~419446	1,000.000000
M-5	1108/2515/03	1208/2524/03		A-Act/360	83611MAJ7	2,905,000.00	1,000.000000	41.~~838368~~558334	-	41.~~838368~~558334	1,000.000000
C				F-30/360		265,577,948.36	~~862~~1,000.~~516774~~000001	-	-	-	~~836~~981.~~633423~~354636
S				F-30/360	83611MAF5	42,830,505.00	~~884~~1,000.~~900017~~000000	78.~~374167~~333333	-	78.~~374167~~333333	~~858~~969.~~200017~~900019
R				-	83611MAG3	-	-	-	-	-	-
R-X				-	83611MAL2	-	-	-	-	-	-
ARR1				-		1,788,679.19	271,000.~~701787~~000000	-	0443.~~327812~~134473	0443.~~327812~~134473	27556.~~373975~~865527
ARR2				-		2,221,150.56	~~780~~1,000.~~051691~~000000	-	3519.~~599415~~743839	3519.~~599415~~743839	~~744~~980.~~452276~~256161
							Page 2 of 25				© COPYRIGHT 2003 Deutsche Bank
							Page 2 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Series 2003-1
	Certificate Payment Report for December 26, 2003 Distribution
	Certificate Payment Report for August 25, 2003 Distribution
	Distribution in Dollars - to Date
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
A	216,582,000.00		193,~~135,576~~852.3120		474,~~899~~696,~~775~~017.9688	1255,~~187,798~~779.1593	494,~~087~~951,~~574~~797.1181	505,~~223~~045,~~150~~650.4201	-	-	~~167~~211,~~494~~630,~~425~~202.8919
M-1	19,149,000.00		~~139~~10,~~128~~425.8057		-	-	-	~~139~~10,~~128~~425.8057	-	-	19,149,000.00
M-2	17,432,000.00		~~216~~16,~~815~~269.9587		-	-	-	~~216~~16,~~815~~269.9587	-	-	17,432,000.00
M-3	3,302,000.00		564,~~318~~228.4639		-	-	-	564,~~318~~228.4639	-	-	3,302,000.00
M-4	3,302,000.00		624,~~418~~687.0201		-	-	-	624,~~418~~687.0201	-	-	3,302,000.00
M-5	2,905,000.00		604,~~279~~526.6696		-	-	-	604,~~279~~526.6696	-	-	2,905,000.00
C	1,452,974.36		~~0.00~~-		-	-	-	~~0.00~~-	-	-	41,~~303~~452,~~481~~974.0836
S	-		1356,~~680,347~~920.8188		-	-	-	1356,~~680,347~~920.8188	-	-	-
R	-		51,~~060~~797,~~584~~711.0898		-	-	-	51,~~060~~797,~~584~~711.0898	-	-	-
R-X	-		-		-	-	-	-	-	-	-
ARR1	1,788,679.19		-		-	1792,~~739,715~~625.9341	1792,~~739,715~~625.9341	1792,~~739,715~~625.9341	-	-	48996,~~963~~053.2678
ARR2	2,221,150.56		-		-	~~567~~43,~~609~~854.9704	~~567~~43,~~609~~854.9704	~~567~~43,~~609~~854.9704	-	-	12,~~653~~177,~~540~~296.5952
Total	268,134,804.11		82,~~411~~288,~~469~~622.0986		474,~~899~~696,~~775~~017.9688	31,~~495~~092,~~124~~259.0538	515,~~394~~788,~~900~~277.0126	598,~~806~~076,~~369~~900.1012	-	-	~~219~~262,~~590~~346,~~410~~526.8285
	Interest Detail
	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance			Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
					(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)
A	1.~~56875~~56000%	~~177~~216,~~132~~582,~~101~~000.3900			~~239~~93,~~282~~852.1020	-	-	-	~~239~~93,~~282~~852.1020	~~239~~93,~~282~~852.1020	-
M-1	1.~~96875~~96000%	19,149,000.00			3210,~~463~~425.5457	-	-	-	3210,~~463~~425.5457	3210,~~463~~425.5457	-
M-2	3.~~36875~~36000%	17,432,000.00			5016,~~567~~269.9387	-	-	-	5016,~~567~~269.9387	5016,~~567~~269.9387	-
M-3	4.~~61875~~61000%	3,302,000.00			134,~~132~~228.9039	-	-	-	134,~~132~~228.9039	134,~~132~~228.9039	-
M-4	5.~~11875~~11000%	3,302,000.00			144,~~554~~687.6001	-	-	-	144,~~554~~687.6001	144,~~554~~687.6001	-
M-5	5.~~61875~~61000%	2,905,000.00			144,~~055~~526.4696	-	-	-	144,~~055~~526.4696	144,~~055~~526.4696	-
C	78.~~33528~~16755%	~~229~~265,~~065~~577,~~435~~948.3772			-	-	1,~~381~~797,~~814~~711.1099	-	-	-	1,~~381~~797,~~814~~711.1099
S	########	3742,~~900~~830,~~714~~505.6200			~~315~~356,~~839~~920.2988	-	-	-	~~315~~356,~~839~~920.2988	~~315~~356,~~839~~920.2988	-
R		-			-1,797,711.98	-	-	-	-1,797,711.98	-1,797,711.98	-
R-X		-			-	-	-	-	-	-	-
ARR1		491,~~549~~788,679.6119			-	-	-	-	-	-	-
ARR2		12,~~732~~221,~~612~~150.2556			-	-	-	-	-	-	-
Total		~~491~~575,~~970~~090,~~413~~283.2447			~~679~~2,~~895~~288,622.8286	-	1,~~381~~797,~~814~~711.1099	-	~~679~~2,~~895~~288,622.8286	~~679~~2,~~895~~288,622.8286	1,~~381~~797,~~814~~711.1099
							Page 3 of 25				© COPYRIGHT 2003 Deutsche Bank
							Page 3 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Collection Account Report for December 26, 2003 Distribution
	Collection Account Report for August 25, 2003 Distribution
	Collection Account Report
SUMMARY								TOTAL
	Principal Collections							84,~~255~~951,~~861~~797.4181
	Principal Withdrawals							0.00
	Principal Other Accounts							79836,~~658~~479.0145
	TOTAL NET PRINCIPAL							85,~~335~~788,~~519~~277.4226
	Interest Collections							2,~~120~~352,~~126~~304.0480
	Interest Withdrawals							0.00
	Interest Other Accounts							0.00
	Interest Fees							(5863,~~416~~681.1394)
	TOTAL NET INTEREST							2,~~061~~288,~~709~~622.9186
	TOTAL AVAILABLE FUNDS TO BONDHOLDERS							108,~~397~~076,~~229~~900.3312
PRINCIPAL - COLLECTIONS								TOTAL
	Scheduled Principal							~~222~~255,~~174~~779.2793
	Curtailments							~~131~~(105,~~073~~509.0657)
	Prepayments in Full							74,~~845~~801,~~659~~527.1345
	Repurchases/Substitutions Shortfalls							0.00
	Liquidations							~~56,954~~0.9500
	Insurance Principal							0.00
	Other Additional Principal							0.00
	Delinquent Principal							(81107,~~872~~356.8184)
	Advanced Principal							81107,~~872~~356.8184
	Realized Losses							0.00
	TOTAL PRINCIPAL COLLECTED							84,~~255~~951,~~861~~797.4181
				Page 4 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 4 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Collection Account Report for December 26, 2003 Distribution
	Collection Account Report for August 25, 2003 Distribution
	Collection Account Report
PRINCIPAL - WITHDRAWALS								TOTAL
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS								TOTAL
	TOTAL OTHER ACCOUNTS PRINCIPAL							79836,~~658~~479.0145
INTEREST - COLLECTIONS								TOTAL
	Scheduled Interest							2,~~059~~395,~~358~~576.0162
	Repurchases/Substitutions							0.00
	Liquidations							~~581~~0.4200
	Insurance Interest							0.00
	Other Additional Interest							0.00
	Month End Interest (PPIS)							~~(20,025~~0.~~73)~~00
	Delinquent Interest							(~~845~~1,~~828~~084,301.7520)
	Realized Losses							0.00
	Compensating Month End Interest							~~20,025~~0.7300
	Other Interest Shortfall (Relief Act)							~~(542~~0.~~19)~~00
	Interest Advanced							~~808~~1,~~133~~035,730.5003
	Prepayment Penalties							985,~~424~~299.0535
	TOTAL INTEREST COLLECTED							2,~~120~~352,~~126~~304.0480
				Page 5 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 5 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Collection Account Report for December 26, 2003 Distribution
	Collection Account Report for August 25, 2003 Distribution
	Collection Account Report
INTEREST - WITHDRAWALS								TOTAL
SPACE INTENTIONALLY LEFT BLANK
INTEREST - OTHER ACCOUNTS								TOTAL
	TOTAL OTHER ACCOUNT INTEREST							0.00
INTEREST - FEES								TOTAL
	Current Servicing Fees							5661,~~531~~480.6090
	Trustee Fee							12,~~884~~201.5304
	PMI Insuranse Premium Fees							0.00
	TOTAL INTEREST OTHER FEES							5863,~~416~~681.1394
				Page 6 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 6 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Credit Enhancement Report for December 26, 2003 Distribution
	Credit Enhancement Report for August 25, 2003 Distribution
	Credit Enhancement Report
ACCOUNTS								TOTAL
	Net WAC Rate Carryover Reserve Fund Beginning Balance							1,000.00
	Amount paid to maintain $1,000 balance							0.00
	Net WAC Rate Carryover Amount							0.00
	Net WAC Rate Carryover Reserve Fund Ending Balance							1,000.00
	Int Earnings paid to Class C							0.00
INSURANCE								TOTAL
SPACE INTENTIONALLY LEFT BLANK
STRUCTURAL FEATURES								TOTAL
	Overcollateralization Target Amount							8,980,249.13
	Overcollateralized Amount							41,~~303~~452,~~481~~974.0836
	Excess Overcollateralized Amount							0.00
	Overcollateralization Release Amount							0.00
	Overcollateralization Deficiency Amount							67,~~058~~527,~~582~~274.1477
	Extra Principal Distribution Amt							0.00
				Page 7 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 7 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Collateral Report for December 26, 2003 Distribution
	Collateral Report for August 25, 2003 Distribution
	Collateral Report
COLLATERAL								TOTAL
	Loan Count:
	Original							4058
	Prior							~~3,610~~-
	Prefunding							-
	Scheduled Paid Offs							-
	Full Voluntary Prepayments							(9953)
	Repurchases							-
	Liquidations							~~(1)~~-
	Current							34,~~510~~005
	Principal Balance:
	Original							264,124,974.36
	Prior							~~226,143,768.38~~-
	Prefunding							-
	Scheduled Principal							(~~222~~255,~~174~~779.2793)
	Partial and Full Voluntary Prepayments							(74,~~976~~696,~~732~~017.1988)
	Repurchases							-
	Liquidations							~~(56,954.95)~~-
	Current							~~217~~259,~~887~~173,~~906~~176.9755
PREFUNDING								TOTAL
SPACE INTENTIONALLY LEFT BLANK
Current Prin Balance by Groups (in millions of dollars)					Total Current Principal Balance (in millions of dollars)
				Page 8 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 8 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Collateral Report for December 26, 2003 Distribution
	Collateral Report for August 25, 2003 Distribution
	Collateral Report
CHARACTERISTICS								TOTAL
	Weighted Average Coupon Original							10.883832%
	Weighted Average Coupon Prior							~~10.916328%~~
	Weighted Average Coupon Current							10.~~930778~~883832%
	Weighted Average Months to Maturity Original							272
	Weighted Average Months to Maturity Prior							~~268~~-
	Weighted Average Months to Maturity Current							~~266~~272
	Weighted Avg Remaining Amortization Term Original							298
	Weighted Avg Remaining Amortization Term Prior							~~295~~-
	Weighted Avg Remaining Amortization Term Current							~~293~~298
	Weighted Average Seasoning Original							33.70
	Weighted Average Seasoning Prior							~~36.68~~-
	Weighted Average Seasoning Current							3733.6470
Note: Original information refers to deal issue.
WAC by Groups					Total WAC
WARAT by Groups					Total WARAT
Note: Dates correspond to distribution dates.
				Page 9 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 9 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Collateral Report for December 26, 2003 Distribution
	Collateral Report for August 25, 2003 Distribution
	Collateral Report
ARM CHARACTERISTICS								TOTAL
	Weighted Average Margin Original							2.327%
	Weighted Average Margin Prior							20.~~301~~000%
	Weighted Average Margin Current							2.~~274~~327%
	Weighted Average Max Rate Original							7.206%
	Weighted Average Max Rate Prior							70.~~119~~000%
	Weighted Average Max Rate Current							7.~~038~~206%
	Weighted Average Min Rate Original							353.569%
	Weighted Average Min Rate Prior							30.~~479~~000%
	Weighted Average Min Rate Current							3353.~~441~~569%
	Weighted Average Cap Up Original							0.410%
	Weighted Average Cap Up Prior							0.~~405~~000%
	Weighted Average Cap Up Current							0.~~401~~410%
	Weighted Average Cap Down Original							0.410%
	Weighted Average Cap Down Prior							0.~~405~~000%
	Weighted Average Cap Down Current							0.~~401~~410%
Note: Original information refers to deal issue.
SERVICING FEES / ADVANCES								TOTAL
	Current Servicing Fees							5661,~~531~~480.6090
	Delinquent Servicing Fees							3748,~~695~~571.2417
	TOTAL SERVICING FEES							94110,~~226~~052.8407
	Total Servicing Fees							94110,~~226~~052.8407
	Compensating Month End Interest							~~20,025~~0.7300
	Delinquent Servicing Fees							(3748,~~695~~571.2417)
	COLLECTED SERVICING FEES							7661,~~557~~480.3390
	Prepayment Interest Shortfall							~~20,025~~0.7300
	Total Advanced Interest							~~808~~1,~~133~~035,730.5003
ADDITIONAL COLLATERAL INFORMATION								TOTAL
	Next One-Month LIBOR							1.~~118750~~110000%
	Current One-Month LIBOR							1.~~118750~~110000%
				Page 10 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 10 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Delinquency Report for December 26, 2003 Distribution
	Delinquency Report for August 25, 2003 Distribution
	Delinquency Report - Total
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			1929,~~564~~540,~~014~~532.8603	71,~~173~~880,~~134~~908.3846	~~4,437,345.58~~-	31,~~174~~421,~~494~~440.8249
		% Balance			811.9840%	30.2973%	20.0400%	1412.3112%
		# Loans			~~283~~431	~~109~~32	83-	~~475~~463
		% # Loans			810.0676%	30.1180%	20.3600%	1311.5356%
FORECLOSURE		Balance		-	-	-	~~1,030,057.71~~-	~~1,030,057.71~~-
		% Balance		0.00%	0.00%	0.00%	0.4700%	0.4700%
		# Loans		-	-	-	17-	17-
		% # Loans		0.00%	0.00%	0.00%	0.4800%	0.4800%
BANKRUPTCY		Balance		-	~~1,363,679.80~~-	~~728,707.38~~-	~~1,100,848.71~~-	~~3,193,235.89~~-
		% Balance		0.00%	0.6300%	0.3300%	0.5100%	10.4700%
		# Loans		-	22-	15-	17-	54-
		% # Loans		0.00%	0.6300%	0.4300%	0.4800%	10.5400%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
TOTAL		Balance		-	2029,~~927~~540,~~694~~532.6603	71,~~901~~880,~~841~~908.7646	~~6,568,252.00~~-	3531,~~397~~421,~~788~~440.4249
		% Balance		0.00%	911.6040%	30.6373%	30.0100%	1612.2512%
		# Loans		-	~~305~~431	~~124~~32	~~117~~-	~~546~~463
		% # Loans		0.00%	810.6976%	30.5380%	30.3300%	1511.56%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent
Total Foreclosure					Total Bankruptcy and REO
Note: Dates correspond to distribution dates.
				Page 11 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 11 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	REO Report for December 26, 2003 Distribution
	REO Report for August 25, 2003 Distribution
	REO Report - Mortgage Loans that Become REO During Current Distribution
SUMMARY				LOAN GROUP
Total Loan Count = 0				Loan Group 1 = Conform Group; REO Book Value = 000.00
Total Original Principal Balance = 000.00
Total Current Balance = 000.00
REO Book Value = 000.00
REO Book Value reported corresponds to total REO loans, including loans that become REO during current distribution.
Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK
				Page 12 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 12 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Foreclosure Report for December 26, 2003 Distribution
	Foreclosure Report for August 25, 2003 Distribution
	Foreclosure Report - Mortgage Loans that Become Foreclosure During Current Distribution
SUMMARY				LOAN GROUP
Total Loan Count = 17				Loan Group 1 = Conform Group
Total Loan Count = 0				Loan Group 1 = Conform Group
Total Original Principal Balance = 1,055,225.00
Total Original Principal Balance = 000.00
Total Current Balance = 1,030,057.71
Total Current Balance = 000.00
Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
3326980 1		25,500.00	24,795.07	Aug-01-03	11.250%	FL - 47.22%	180	Oct-16-98
SPACE INTENTIONALLY LEFT BLANK
3703782 1		52,015.00	50,505.90	Jul-01-03	9.875%	MD - 54.75%	360	Jul-12-00
				Page 13 of 24				© COPYRIGHT 2003 Deutsche Bank
3796224 1		56,000.00	55,286.99	Jul-01-03	12.000%	NY - 80.00%	360	Nov-02-00
3804051 1		18,200.00	18,022.20	Aug-01-03	13.500%	FL - 65.00%	360	Jul-25-00
3804374 1		145,600.00	143,295.45	Jul-01-03	11.250%	GA - 80.00%	360	Jul-28-00
3805389 1		85,410.00	83,114.08	Jul-01-03	6.500%	SC - 78.00%	360	Jul-31-00
3805736 1		88,500.00	86,836.08	Aug-01-03	10.625%	SC - 75.00%	360	Aug-07-00
3809654 1		60,350.00	58,689.19	Aug-01-03	11.500%	FL - 85.00%	360	Sep-25-00
3812872 1		44,800.00	44,086.96	Aug-01-03	11.875%	FL - 70.00%	180	Jul-10-00
3845898 1		47,200.00	46,777.42	Aug-01-03	13.500%	FL - 80.00%	360	Oct-26-00
3848496 1		75,000.00	73,650.68	Jul-01-03	10.875%	SC - 57.69%	360	Nov-30-00
3851656 1		74,000.00	72,985.54	Jul-01-03	11.875%	SC - 80.00%	180	Dec-15-00
3900818 1		70,400.00	69,301.71	Jul-01-03	10.990%	IN - 80.00%	360	Aug-01-00
3919487 1		90,950.00	89,937.10	Jun-01-03	12.800%	OH - 85.00%	360	Jul-21-00
3924552 1		18,800.00	18,518.24	Aug-01-03	11.250%	OH - 80.00%	180	Oct-19-00
3949781 1		49,700.00	45,541.18	Jun-01-03	9.750%	SC - 70.00%	180	May-04-01
3962529 1		52,800.00	48,713.92	Jul-01-03	12.500%	MS - 80.00%	180	Jan-26-01
				Page 13 of 25				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Prepayment Report for December 26, 2003 Distribution
	Prepayment Report for August 25, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENTS								TOTAL
	Current
	Number of Paid in Full Loans							9953
	Number of Repurchased Loans							-
	Total Number of Loans Prepaid in Full							9953
	Paid in Full Balance							74,~~845~~801,~~659~~527.1345
	Repurchased Loans Balance							-
	Curtailments Amount							~~131~~(105,~~073~~509.0657)
	Total Prepayment Amount							74,~~976~~696,~~732~~017.1988
	Cumulative
	Number of Paid in Full Loans							~~546~~53
	Number of Repurchased Loans							-
	Total Number of Loans Prepaid in Full							~~546~~53
	Paid in Full Balance							444,~~966~~801,~~975~~527.5145
	Repurchased Loans Balance							-
	Curtailments Amount							25(105,~~338~~509.7857)
	Total Prepayment Amount							444,~~992~~696,~~314~~017.2988
SPACE INTENTIONALLY LEFT BLANK
Total Prepayments by Groups (in thousands of dollars)					Total Prepayments (in thousands of dollars)
				Page 14 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 14 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Prepayment Report for December 26, 2003 Distribution
	Prepayment Report for August 25, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENT RATES								TOTAL
	SMM							31.5378%
	3 Months Avg SMM							~~4.06%~~
	12 Months Avg SMM
	Avg SMM Since Cut-off							31.6878%
	CPR							3519.0438%
	3 Months Avg CPR							~~39.20%~~
	12 Months Avg CPR
	Avg CPR Since Cut-off							3619.2238%
	PSA							~~583~~323.9508%
	3 Months Avg PSA Approximation							~~653.27%~~
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation							~~603~~323.6008%
CPR by Groups					Total CPR
PSA by Groups					Total PSA
				Page 15 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 15 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Prepayment Report for December 26, 2003 Distribution
	Prepayment Report for August 25, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
CPR Avg since Cut-Off by Groups					Total CPR Avg since Cut-Off
PSA Avg since Cut-Off by Groups					Total PSA Avg since Cut-Off
PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases)/(Beg Principal Balance - Sched Principal)
Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)
PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))
Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn) * (1-SMMn+1) .......(1-SMMm)]^(1/months in period n,m)
Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)
Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m))
Average WASn,m: (min(30,WASn)+min(30,WASn+1)+.......+min(30,WASm)/(number of months in the period n,m)
Weighted Average Seasoning (WAS)
Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.
Dates correspond to distribution dates.
				Page 16 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 16 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Prepayment Detail Report for December 26, 2003 Distribution
	Prepayment Detail Report for August 25, 2003 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
SUMMARY						LOAN GROUP
Total Loan Count = 99						Loan Group 1 = Conform Group
Total Loan Count = 53						Loan Group 1 = Conform Group
Total Original Principal Balance = 8,075,562.70
Total Original Principal Balance = 4,913,182.00
Total Prepayment Amount = 7,845,659.13
Total Prepayment Amount = 4,801,527.45
Loan Number			Original			Current	State &	Type Prepayment
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Original Term	Date
3608338 1			62,250.00	60,504.10	Nov-01-03	10.300%	WA - 88.93%	Paid Off - 360	Apr-01-99
3703808 1			41,612.00	39,481.43	Jul-31-03	10.625%	AL - 59.45%	Paid Off - 240	Jul-13-00
3703550 1			75,867.54	74,358.87	Dec-15-03	10.750%	NJ - 79.86%	Paid Off - 360	Jul-18-00
3706454 1			140,000.00	137,796.75	Aug-15-03	9.375%	FL - 70.00%	Paid Off - 360	Feb-23-01
3704509 1			120,000.00	117,874.64	Oct-01-03	10.375%	CO - 80.00%	Paid Off - 360	Aug-25-00
3785532 1			78,750.00	77,571.29	Jul-31-03	11.625%	FL - 75.00%	Paid Off - 360	Apr-01-00
3787678 1			43,000.00	38,402.91	Dec-01-03	10.850%	KY - 71.67%	Paid Off - 180	Jun-26-00
3787132 1			55,650.00	54,900.53	Aug-15-03	11.625%	MO - 70.00%	Paid Off - 360	Jul-12-00
3792819 1			68,850.00	67,921.28	Dec-15-03	11.875%	TN - 85.00%	Paid Off - 360	Aug-16-00
3789328 1			92,000.00	90,319.28	Jul-31-03	10.250%	IL - 80.00%	Paid Off - 360	Jul-07-00
3796265 1			56,000.00	55,204.54	Oct-01-03	11.375%	IN - 80.00%	Paid Off - 360	Oct-26-00
3792595 1			68,425.00	56,975.19	Aug-15-03	11.000%	OH - 85.00%	Paid Off - 180	Aug-16-00
3797941 1			44,000.00	43,418.17	Dec-15-03	11.500%	OH - 80.00%	Paid Off - 360	Nov-22-00
3796448 1			191,200.00	187,923.09	Aug-15-03	9.625%	CA - 80.00%	Paid Off - 360	Nov-01-00
3799368 1			50,400.00	49,839.49	Nov-20-03	12.000%	IN - 80.00%	Paid Off - 360	Dec-20-00
3806049 1			26,000.00	25,379.29	Jul-31-03	11.500%	TX - 65.00%	Paid Off - 360	Aug-21-00
3804366 1			45,600.00	44,860.97	Dec-01-03	11.125%	LA - 70.15%	Paid Off - 360	Jun-26-00
3807724 1			64,500.00	63,554.89	Jul-31-03	11.750%	FL - 75.00%	Paid Off - 360	Aug-31-00
3804432 1			56,000.00	55,120.24	Nov-01-03	13.000%	FL - 40.00%	Paid Off - 360	Jul-24-00
3808441 1			91,800.00	90,537.88	Jul-31-03	12.250%	GA - 85.00%	Paid Off - 360	Sep-11-00
3829264 1			26,400.00	25,750.37	Nov-01-03	9.500%	FL - 80.00%	Paid Off - 360	Mar-31-00
3809290 1			117,300.00	115,611.69	Jul-31-03	10.990%	FL - 85.00%	Paid Off - 180	Sep-25-00
3831898 1			37,500.00	36,812.41	Nov-01-03	11.125%	FL - 75.00%	Paid Off - 360	Sep-29-00
3832342 1			65,450.00	64,513.74	Aug-15-03	10.875%	LA - 85.00%	Paid Off - 180	Oct-12-00
3832243 1			37,275.00	33,736.22	Nov-01-03	11.190%	TX - 75.00%	Paid Off - 180	Oct-04-00
3834264 1			60,000.00	59,248.12	Aug-15-03	12.250%	FL - 75.00%	Paid Off - 360	Oct-17-00
3835493 1			75,225.00	74,178.08	Nov-01-03	11.875%	FL - 85.00%	Paid Off - 360	Jul-18-00
3835709 1			140,000.00	137,465.02	Aug-15-03	9.940%	GA - 45.16%	Paid Off - 360	Jul-21-00
3841517 1			27,000.00	24,455.98	Jan-01-04	10.875%	GA - 36.00%	Paid Off - 180	Oct-23-00
3840097 1			336,000.00	329,935.96	Jul-31-03	9.750%	TX - 80.00%	Paid Off - 360	Oct-11-00
3841640 1			60,450.00	52,698.89	Nov-01-03	10.625%	TX - 68.69%	Paid Off - 180	Oct-24-00
3844115 1			40,800.00	40,387.95	Aug-15-03	12.563%	TX - 72.86%	Paid Off - 360	Nov-17-00
3841962 1			41,650.00	39,036.86	Dec-01-03	11.990%	AL - 70.00%	Paid Off - 360	Oct-27-00
3849312 1			60,000.00	57,676.32	Aug-15-03	11.500%	FL - 80.00%	Paid Off - 240	Dec-08-00
3842549 1			44,000.00	43,466.22	Oct-03-03	11.750%	MI - 80.00%	Paid Off - 360	Oct-30-00
3849320 1			75,750.00	74,810.76	Aug-15-03	12.750%	NC - 75.00%	Paid Off - 360	Dec-08-00
3843570 1			125,600.00	124,463.19	Oct-22-03	13.500%	AR - 80.00%	Paid Off - 360	Nov-16-00
3852985 1			25,000.00	24,432.70	Jul-31-03	13.750%	IL - 19.08%	Paid Off - 180	Dec-23-00
3845260 1			120,645.16	118,481.03	Nov-01-03	9.875%	FL - 84.96%	Paid Off - 360	Oct-24-00
3861804 1			50,200.00	49,276.86	Jul-31-03	10.750%	KY - 89.96%	Paid Off - 360	Mar-27-00
3846961 1			57,000.00	56,513.90	Oct-15-03	13.750%	FL - 75.00%	Paid Off - 360	Nov-09-00
3862059 1			49,500.00	48,205.53	Jul-31-03	9.700%	IN - 90.00%	Paid Off - 360	Aug-26-99
3847282 1			125,600.00	122,930.84	Oct-20-03	9.125%	FL - 80.00%	Paid Off - 360	Nov-13-00
3866241 1			52,000.00	51,028.03	Aug-15-03	10.250%	LA - 80.00%	Paid Off - 360	Apr-11-00
3847647 1			34,300.00	32,419.88	Nov-01-03	9.750%	WV - 70.00%	Paid Off - 240	Nov-17-00
3866415 1			88,000.00	85,654.64	Jul-31-03	9.600%	AR - 77.19%	Paid Off - 360	Jul-29-99
3848173 1			80,750.00	79,750.17	Dec-01-03	11.750%	GA - 85.00%	Paid Off - 360	Nov-22-00
3867199 1			79,900.00	78,559.87	Jul-31-03	10.800%	MI - 85.00%	Paid Off - 360	May-08-00
3850062 1			79,050.00	78,200.82	Nov-05-03	12.500%	OH - 85.00%	Paid Off - 180	Nov-30-00
3869427 1			37,800.00	36,983.34	Jul-31-03	10.450%	IA - 90.00%	Paid Off - 360	Mar-10-00
3850211 1			152,000.00	149,487.46	Dec-01-03	10.300%	TX - 80.00%	Paid Off - 360	Nov-28-00
3871589 1			20,000.00	15,298.88	Jul-31-03	9.350%	KS - 78.43%	Paid Off - 180	Nov-12-99
3850427 1			64,100.00	63,357.20	Jan-01-04	12.137%	OH - 84.90%	Paid Off - 360	Nov-22-00
3880697 1			163,000.00	160,521.18	Jul-31-03	9.500%	IL - 71.81%	Paid Off - 360	Feb-28-01
3853488 1			64,000.00	63,139.40	Nov-20-03	11.250%	FL - 80.00%	Paid Off - 360	Dec-18-00
3882362 1			112,000.00	108,216.12	Aug-15-03	10.990%	TX - 80.00%	Paid Off - 240	Apr-23-01
3854635 1			127,900.00	125,630.88	Sep-10-03	9.875%	SC - 71.06%	Paid Off - 360	Jan-05-01
3885878 1			221,850.00	217,434.54	Jul-31-03	10.670%	CO - 85.00%	Paid Off - 360	Mar-14-01
3860798 1			76,500.00	75,329.09	Nov-15-03	11.850%	PA - 85.00%	Paid Off - 360	May-04-00
3890779 1			21,000.00	19,858.65	Aug-15-03	12.750%	VA - 70.00%	Paid Off - 180	May-25-01
3860970 1			41,000.00	39,686.68	Dec-01-03	9.550%	NY - 30.83%	Paid Off - 360	Mar-17-00
3904588 1			138,550.00	136,265.34	Aug-15-03	11.250%	TN - 85.00%	Paid Off - 360	Jul-24-00
3861424 1			129,500.00	125,757.02	Dec-01-03	9.700%	FL - 80.94%	Paid Off - 360	Aug-14-99
3905221 1			243,700.00	239,498.34	Jul-31-03	10.350%	WA - 75.00%	Paid Off - 360	Jun-29-00
3861689 1			80,000.00	77,173.44	Oct-01-03	9.800%	PA - 53.33%	Paid Off - 360	Sep-09-99
3908035 1			49,500.00	42,448.17	Aug-15-03	10.950%	NC - 75.00%	Paid Off - 180	Sep-01-00
3863867 1			131,750.00	128,631.74	Dec-01-03	9.800%	CA - 85.00%	Paid Off - 360	Mar-27-00
3908126 1			184,000.00	181,568.21	Jul-31-03	11.500%	CT - 80.00%	Paid Off - 360	Jul-14-00
3864329 1			115,200.00	112,526.30	Nov-01-03	9.700%	NV - 90.00%	Paid Off - 360	May-19-00
3908266 1			36,720.00	36,377.66	Jul-31-03	12.875%	MO - 80.00%	Paid Off - 360	Aug-23-00
3865078 1			50,980.00	49,909.69	Dec-01-03	10.450%	AR - 89.53%	Paid Off - 360	Mar-28-00
3924230 1			58,650.00	57,860.65	Aug-15-03	12.375%	CA - 78.20%	Paid Off - 360	Oct-12-00
3865367 1			130,500.00	127,641.71	Dec-01-03	10.450%	NE - 90.00%	Paid Off - 360	Mar-23-00
3926011 1			261,900.00	257,983.97	Jul-31-03	10.990%	CA - 90.00%	Paid Off - 360	Jul-31-00
3865474 1			50,000.00	48,819.32	Dec-01-03	10.350%	IL - 79.37%	Paid Off - 360	Dec-01-99
3933389 1			123,750.00	122,136.38	Aug-15-03	10.950%	MN - 71.12%	Paid Off - 180	Nov-17-00
3865987 1			58,000.00	56,250.39	Nov-01-03	9.700%	KS - 89.92%	Paid Off - 360	Aug-25-99
3935251 1			76,500.00	75,779.64	Aug-15-03	12.625%	MI - 85.00%	Paid Off - 360	Dec-01-00
3866100 1			144,200.00	140,309.58	Dec-01-03	10.050%	LA - 62.70%	Paid Off - 360	Oct-26-99
3935582 1			38,500.00	37,997.80	Jul-31-03	10.875%	KY - 75.49%	Paid Off - 180	Dec-07-00
3866951 1			36,000.00	35,154.01	Nov-10-03	9.950%	OK - 90.00%	Paid Off - 360	Mar-20-00
3942265 1			100,300.00	98,557.83	Jul-31-03	10.500%	NC - 85.00%	Paid Off - 360	Feb-01-01
3867983 1			55,000.00	53,510.83	Dec-01-03	9.800%	LA - 76.92%	Paid Off - 360	Oct-06-99
3942372 1			110,500.00	109,213.46	Aug-15-03	10.875%	SC - 85.00%	Paid Off - 360	Feb-01-01
3868023 1			35,000.00	34,084.32	Jul-01-03	9.600%	NY - 69.03%	Paid Off - 360	Feb-18-00
3943636 1			65,600.00	64,947.75	Aug-15-03	11.625%	TX - 80.00%	Paid Off - 360	Feb-13-01
3869922 1			46,500.00	45,529.33	Nov-15-03	10.450%	NY - 77.50%	Paid Off - 360	Apr-11-00
3943685 1			140,675.00	138,383.13	Jul-31-03	10.375%	IL - 85.00%	Paid Off - 180	Feb-19-01
					Page 17 of 25				© COPYRIGHT 2003 Deutsche Bank
					Page 17 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Prepayment Detail Report for December 26, 2003 Distribution
	Prepayment Detail Report for August 25, 2003 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
Loan Number			Original			Current	State &
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Term	Date
3871464 1			146,000.00	124,337.29	Dec-01-03	10.050%	WA - 88.48%	Paid Off - 180	Aug-14-99
3948353 1			31,200.00	30,736.40	Jul-31-03	9.250%	SC - 80.00%	Paid Off - 360	Apr-12-01
3872223 1			60,000.00	52,160.96	Nov-15-03	9.300%	NV - 42.86%	Paid Off - 180	Mar-22-00
3950144 1			30,400.00	30,097.09	Aug-15-03	12.830%	IN - 80.00%	Paid Off - 180	Jan-02-01
3881729 1			59,200.00	57,666.81	Nov-01-03	10.250%	MO - 80.00%	Paid Off - 360	Apr-12-01
3952199 1			106,400.00	105,111.29	Aug-15-03	11.250%	IL - 84.44%	Paid Off - 180	Dec-23-00
3902145 1			199,750.00	195,811.04	Nov-01-03	9.990%	CA - 85.00%	Paid Off - 360	Sep-01-00
3954831 1			181,050.00	178,896.49	Aug-15-03	11.000%	MD - 85.00%	Paid Off - 360	Jan-25-01
3904745 1			39,200.00	32,659.83	Nov-26-03	9.875%	DE - 73.27%	Paid Off - 180	Jul-27-00
3956877 1			42,400.00	42,080.21	Jul-31-03	13.125%	IN - 80.00%	Paid Off - 180	Feb-02-01
3904836 1			161,250.00	158,286.67	Nov-21-03	10.500%	CT - 75.00%	Paid Off - 360	Jul-17-00
3958857 1			54,400.00	50,250.47	Jul-31-03	10.400%	AL - 80.00%	Paid Off - 180	Feb-09-01
3907755 1			106,250.00	104,922.10	Dec-02-03	12.400%	NJ - 85.00%	Paid Off - 360	Aug-02-00
3958949 1			85,000.00	83,193.88	Jul-31-03	10.100%	NY - 62.96%	Paid Off - 360	Jan-26-00
3909389 1			70,875.00	69,782.47	Dec-01-03	11.875%	KY - 76.21%	Paid Off - 360	Aug-14-00
3963469 1			40,000.00	36,650.03	Aug-15-03	10.500%	CA - 26.67%	Paid Off - 180	Feb-14-01
3910981 1			88,000.00	86,393.43	Dec-01-03	9.095%	CA - 80.00%	Paid Off - 360	Sep-13-00
3964004 1			48,000.00	45,933.74	Jul-31-03	9.990%	TX - 77.42%	Paid Off - 240	Jan-15-01
3911377 1			78,200.00	76,591.59	Nov-15-03	10.375%	IL - 69.82%	Paid Off - 360	Aug-31-00
					Page 18 of 24				© COPYRIGHT 2003 Deutsche Bank
3915634 1			93,391.00	91,401.77	Nov-22-03	10.760%	IL - 84.90%	Paid Off - 360	Sep-26-00
3916699 1			135,000.00	120,248.73	Dec-01-03	9.900%	OH - 79.41%	Paid Off - 180	Mar-21-00
3917226 1			84,000.00	82,130.93	Dec-01-03	10.000%	MI - 75.00%	Paid Off - 360	Sep-28-00
3917259 1			90,300.00	88,304.31	Dec-01-03	9.250%	OR - 69.46%	Paid Off - 360	Sep-01-00
3919529 1			107,960.00	105,538.66	Nov-01-03	8.625%	CA - 80.00%	Paid Off - 360	Mar-17-00
3920758 1			29,400.00	28,962.00	Nov-04-03	11.830%	KY - 70.00%	Paid Off - 180	Oct-17-00
3921160 1			93,480.00	88,456.20	Dec-01-03	11.750%	MO - 82.91%	Paid Off - 360	Oct-06-00
3923877 1			208,250.00	203,867.78	Nov-01-03	10.990%	OR - 85.00%	Paid Off - 360	Sep-22-00
3924107 1			67,200.00	66,154.32	Dec-01-03	11.375%	MN - 80.00%	Paid Off - 360	Oct-19-00
3924610 1			93,000.00	92,001.08	Nov-01-03	12.500%	IL - 75.00%	Paid Off - 360	Oct-23-00
3925955 1			67,500.00	66,489.68	Dec-01-03	11.990%	RI - 75.00%	Paid Off - 360	Aug-03-00
3928082 1			61,625.00	60,722.43	Nov-01-03	11.625%	MO - 85.00%	Paid Off - 360	Oct-26-00
3928090 1			211,650.00	207,730.67	Dec-01-03	9.990%	CO - 85.00%	Paid Off - 360	Oct-27-00
3931110 1			33,350.00	32,585.38	Nov-15-03	9.750%	IA - 74.86%	Paid Off - 360	Nov-10-00
3931797 1			14,000.00	12,667.79	Jan-01-04	10.750%	CT - 70.00%	Paid Off - 180	Oct-31-00
3932886 1			200,000.00	195,720.19	Nov-27-03	10.250%	MA - 74.07%	Paid Off - 360	Oct-23-00
3934205 1			265,200.00	254,711.28	Dec-01-03	9.590%	TN - 85.00%	Paid Off - 360	Nov-14-00
3934767 1			100,000.00	98,667.39	Sep-01-03	11.500%	NJ - 80.00%	Paid Off - 360	Nov-29-00
3937794 1			60,000.00	59,253.57	Dec-01-03	12.750%	DC - 79.47%	Paid Off - 180	Dec-14-00
3939295 1			56,000.00	55,171.26	Dec-01-03	11.250%	OH - 80.00%	Paid Off - 360	Oct-16-00
3941549 1			34,000.00	33,277.62	Dec-01-03	13.250%	NC - 38.20%	Paid Off - 360	Jan-26-01
3943818 1			68,000.00	67,316.83	Nov-20-03	12.375%	LA - 80.00%	Paid Off - 180	Feb-14-01
3943875 1			259,250.00	255,519.26	Oct-15-03	10.750%	MD - 85.00%	Paid Off - 360	Feb-16-01
3944642 1			67,150.00	65,998.87	Dec-01-03	10.625%	MI - 85.00%	Paid Off - 360	Feb-23-01
3945334 1			89,250.00	87,863.32	Sep-01-03	11.438%	SC - 85.00%	Paid Off - 360	Jan-25-01
3946027 1			47,500.00	43,810.38	Dec-15-03	11.625%	MS - 79.17%	Paid Off - 180	Mar-07-01
3947025 1			42,750.00	42,210.33	Nov-01-03	11.375%	MO - 75.00%	Paid Off - 360	Mar-26-01
3947991 1			54,200.00	53,459.29	Nov-20-03	10.500%	FL - 84.69%	Paid Off - 180	Apr-10-01
3948304 1			103,700.00	102,461.97	Dec-01-03	11.125%	FL - 85.00%	Paid Off - 360	Apr-12-01
3948478 1			128,000.00	125,929.46	Nov-20-03	9.625%	MI - 80.00%	Paid Off - 360	Apr-13-01
3948684 1			102,000.00	100,580.58	Aug-10-03	10.375%	MD - 85.00%	Paid Off - 180	Apr-18-01
3953650 1			68,425.00	67,536.19	Nov-01-03	11.250%	OH - 79.56%	Paid Off - 360	Jan-19-01
3955069 1			48,000.00	47,439.50	Nov-01-03	13.625%	MO - 80.00%	Paid Off - 360	Jan-17-01
3958170 1			80,000.00	78,567.01	Dec-01-03	9.625%	MI - 68.26%	Paid Off - 360	Feb-02-01
3958543 1			67,500.00	66,910.94	Dec-01-03	13.875%	FL - 75.00%	Paid Off - 360	Feb-06-01
3958600 1			21,500.00	17,658.53	Oct-16-03	9.938%	IL - 13.87%	Paid Off - 120	Feb-12-01
3958667 1			100,000.00	98,260.13	Dec-01-03	9.625%	CO - 71.43%	Paid Off - 360	Feb-09-01
3959046 1			43,000.00	41,843.93	Jan-15-04	9.450%	IN - 71.79%	Paid Off - 360	May-10-00
3959251 1			87,300.00	85,105.44	Nov-15-03	10.300%	OH - 90.00%	Paid Off - 360	Oct-07-99
3960523 1			50,000.00	49,278.86	Nov-01-03	10.560%	TX - 33.33%	Paid Off - 360	Feb-15-01
3961307 1			79,400.00	78,269.35	Nov-01-03	10.625%	NJ - 74.98%	Paid Off - 360	Feb-16-01
3964012 1			64,000.00	63,111.58	Dec-06-03	10.750%	TN - 78.05%	Paid Off - 360	Mar-01-01
					Page 18 of 25				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Prepayment Detail Report for December 26, 2003 Distribution
	Realized Loss Report for August 25, 2003 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
Loan Number			Original			Current	State &
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Term	Date
3964459 1			19,700.00	17,421.02	Dec-06-03	9.312%	PA - 14.07%	Paid Off - 180	Mar-01-01
3965654 1			23,364.00	23,051.23	Nov-01-03	10.750%	TN - 58.41%	Paid Off - 360	Mar-09-01
3967247 1			65,000.00	61,051.44	Dec-01-03	9.750%	PA - 50.39%	Paid Off - 360	Feb-26-01
					Page 19 of 25				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Realized Loss Report for December 26, 2003 Distribution
	Realized Loss Report - Collateral
COLLATERAL REALIZED LOSSES								TOTAL
	Current
	Number of Loans Liquidated							1-
	Collateral Realized Loss/(Gain) Amount							-
	Net Liquidation Proceeds							~~56,954.95~~-
	Cumulative
	Number of Loans Liquidated							1-
	Collateral Realized Loss/(Gain) Amount							-
	Net Liquidation Proceeds							~~56,954.95~~-
	Note: Collateral Realized Loss Amount may include adjustments to loans liquidated in prior periods.
SPACE INTENTIONALLY LEFT BLANK
							3 Months Moving Average
Collateral Loss Severity Approximation by Groups					Collateral Loss Severity Approximation
				Page 20 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 19 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Realized Loss Report for December 26, 2003 Distribution
	Realized Loss Report for August 25, 2003 Distribution
	Realized Loss Report - Collateral
DEFAULT SPEEDS								TOTAL
	MDR							0.0300%
	3 Months Avg MDR							~~0.01%~~
	12 Months Avg MDR
	Avg MDR Since Cut-off							0.0100%
	CDR							0.3000%
	3 Months Avg CDR							~~0.10%~~
	12 Months Avg CDR
	Avg CDR Since Cut-off							0.0600%
	SDA							0.5000%
	3 Months Avg SDA Approximation							~~0.17%~~
	12 Months Avg SDA Approximation
	Avg SDA Since Cut-off Approximation							0.1000%
	Loss Severity Approximation for Current Period
	3 Months Avg Loss Severity Approximation
	12 Months Avg Loss Severity Approximation
	Avg Loss Severity Approximation Since Cut-off
CDR by Groups					Total CDR
SDA by Groups					Total SDA
				Page 21 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 20 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Realized Loss Report for December 26, 2003 Distribution
	Realized Loss Report for August 25, 2003 Distribution
	Realized Loss Report - Collateral
CDR Avg since Cut-Off by Groups					Total CDR Avg since Cut-Off
SDA Avg since Cut-Off by Groups					Total SDA Avg since Cut-Off
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))
Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn) * (1-MDRn+1) .......(1-MDRm)]^(1/months in period n,m)
Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
Average SDA Approximation over period between the nth month and mth month:
AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))
Average WASn,m: (WASn + WASn+1 +.......+ WASm )/(number of months in the period n,m)
Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)
Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
Dates correspond to distribution dates.
				Page 22 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 21 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Realized Loss Detail Report for December 26, 2003 Distribution
	Realized Loss Detail Report for August 25, 2003 Distribution
	Realized Loss Detail Report - Loans Liquidated During Current Distribution
SUMMARY						LOAN GROUP
Total Loan Count = 1						Loan Group 1 = Conform Group
Total Loan Count = 0						Loan Group 1 = Conform Group
Total Original Principal Balance = 57,600.00
Total Original Principal Balance = 0.00
Total Prior Principal Balance = 56,954.95
Total Prior Principal Balance = 0.00
Total Realized Loss Amount = 0.00
Total Net Liquidation Proceeds = 56,954.95
Total Net Liquidation Proceeds = 0.00
Note: Total Realized Loss Amount may include adjustments to loans liquidated in prior periods.
Loan Number			Original	Prior		Current	State &
&		Loan	Principal	Principal	Realized	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Balance	Loss/(Gain)	Rate	Origination	Term	Date
3957669 1			57,600.00	56,954.95	-	12.250%	OH - 80.00%	360	Jan-24-01
SPACE INTENTIONALLY LEFT BLANK
					Page 23 of 25				© COPYRIGHT 2003 Deutsche Bank
					Page 22 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Triggers, Adj. Rate Cert. and Miscellaneous Report for December 26, 2003 Distribution
	Triggers, Adj. Rate Cert. and Miscellaneous Report for August 25, 2003 Distribution
	Triggers, Adj. Rate Cert. and Miscellaneous Report
TRIGGER EVENTS								TOTAL
	Step Down Date?							No
	Trigger Event Occuring?							No
	Delinquency Percentage							70.~~001640~~712128%
	Beginning Credit Enhancement Percentage							2118.~~672791~~000181%
	Ending Credit Enhancement Percentage							2318.~~128168~~344095%
ADJUSTABLE RATE CERTIFICATE INFORMATION								TOTAL
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION								TOTAL
SPACE INTENTIONALLY LEFT BLANK
				Page 24 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 23 of 24				© COPYRIGHT 2003 Deutsche Bank
	Soundview Home Loan Trust 2003-1
	Asset Backed Certificates
	Additional Certificate Report for December 26, 2003 Distribution
	Additional Certificate Report for August 25, 2003 Distribution
	Additional Certificate Report
	CLASS
	M-1					0.00	0.00	0.00
	M-2					0.00	0.00	0.00
	M-3					0.00	0.00	0.00
	C						0.00	0.00
				Page 25 of 25				© COPYRIGHT 2003 Deutsche Bank
				Page 24 of 24				© COPYRIGHT 2003 Deutsche Bank

Filing Compare · FINANCIAL ASSET SEC CORP ASSET BACKED CERTS SER 2003-1