8-K 1 rma0301_dec.txt DECEMBER 8K UNITED STATES 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 26, 2003 RENAISSANCE MORTGAGE ACCEPTANCE CORPORATION Home Equity Loan Asset-Backed Certs., Series 2003-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-82550-05 75-3033688 Pooling and Servicing Agreement) (Commission 75-3033698 (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) ITEM 5. Other Events On December 26, 2003 a distribution was made to holders of RENAISSANCE MORTGAGE ACCEPTANCE CORPORATION, Home Equity Loan Asset-Backed Certs., Series 2003-1 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Home Equity Loan Asset-Backed Certs., Series 2003-1 Trust, relating to the December 26, 2003 distribution. 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. RENAISSANCE MORTGAGE ACCEPTANCE CORPORATION Home Equity Loan Asset-Backed Certs., Series 2003-1 Trust By: Wells Fargo Bank Minnesota, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 1/8/04 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Home Equity Loan Asset-Backed Certs., Series 2003-1 Trust, relating to the December 26, 2003 distribution. EX-99.1

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) November 6, 2003
Renaissance Mortgage Acceptance Corp.
(Exact name of registrant as specified in its charter)
Delaware (State or other jurisdiction of incorporation)	333-82550 (Commission File Number)		52-2356399 (IRS Employer ID Number)
1000 Woodbury Road, Woodbury, New York 11797
(Address of principal executive offices)		(Zip Code)
Registrant’s Telephone Number, including area code:		(516) 364-8500
N/A (Former name or former address, if changed since last report)

~~Item~~Certificateholder 5Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A 0. ~~Other~~00 ~~Events~~188,336,053.66 4,559,077.81 0.00 AIO 0.00 0.00 71,121.34 0.00 M-1 0.00 17,105,000.00 31,159.01 0.00 M-2 0.00 14,473,000.00 67,639.98 0.00 B-A 0.00 3,000,000.00 13,847.63 0.00 B-F 0.00 7,000,000.00 42,784.79 0.00 BIO 0.00 0.01 1,132,233.21 0.00 P 0.00 100.00 153,404.81 0.00 R1 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 Totals 0.00 229,914,153.67 6,071,268.58 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

~~This~~Principal ~~Current~~Distribution ~~Report~~Statement onOriginal ~~Form~~Beginning ~~8-K~~Scheduled isUnscheduled ~~being~~Face ~~filed~~Certificate toPrincipal ~~file~~Principal aRealized ~~copy~~Class ofAmount ~~the~~Balance ~~Pooling~~Distribution ~~and~~Distribution ~~Servicing~~Accretion ~~Agreement~~Loss ~~dated~~(1) asA of216,973,000.00 ~~September~~192,638,620.70 0.00 4,302,567.04 0.00 0.00 AIO 0.00 0.00 0.00 0.00 0.00 0.00 M-1 17,105,000.00 ~~2003~~17,105,000.00 ~~among~~0.00 ~~Delta~~0.00 ~~Funding~~0.00 ~~Corporation,~~0.00 asM-2 ~~seller~~14,473,000.00 ~~Renaissance~~14,473,000.00 ~~Mortgage~~0.00 ~~Acceptance~~0.00 ~~Corp~~0.,00 as0.00 ~~depositor~~B-A 3,000,000.00 ~~Ocwen~~3,000,000.00 ~~Federal~~0.00 ~~Bank~~0.00 ~~FSB,~~0.00 as0.00 ~~servicer~~B-F 7,000,000.00 ~~and~~7,000,000.00 ~~Wells~~0.00 ~~Fargo~~0.00 ~~Bank~~0.00 ~~Minnesota~~0.00 BIO 0.00 0.01 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R1 0.00 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 0.00 Totals 258,551,100.00 ~~National~~234,216,720.71 ~~Association~~0.00 4,302,567.04 as0.00 ~~trustee~~0.00 (~~the~~1) ~~“Pooling~~Amount ~~and~~Does ~~Servicing~~Not ~~Agreement”),~~Include inExcess ~~connection~~Special ~~with~~Hazard, ~~the~~Bankruptcy, ~~issuance~~or byFraud ~~Renaissance~~Losses ~~Home~~Unless ~~Equity~~Otherwise ~~Loan~~Disclosed. ~~Trust~~Please ~~2003-3~~Refer ofto ~~Home~~the ~~Equity~~Prospectus ~~Loan~~Supplement ~~Asset-Backed~~for ~~Certificates,~~a ~~Series~~Full ~~2003-3~~Description.

~~Item~~Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A 4,302,567.04 188,336,053.66 0.86801608 4,302,567.04 AIO 0.00 0.00 0.00000000 0.00 M-1 0.00 17,105,000.00 1.00000000 0.00 M-2 0.00 14,473,000.00 1.00000000 0.00 B-A 0.00 3,000,000.00 1.00000000 0.00 B-F 0.00 7,000,000.00 1.00000000 0.00 BIO 0.00 0.01 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 R1 0.00 0.00 0.00000000 0.00 R2 0.00 0.00 0.00000000 0.00 Totals 4,302,567.04 229,914,153.67 0.88924067 4,302,567.04

~~Financial~~Principal ~~Statements~~Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A 216,973,000.00 ~~Pro~~887.84604859 ~~Forma~~0.00000000 ~~Financial~~19.82996520 ~~Information~~0.00000000 ~~and~~AIO ~~Exhibits~~0.00 0.00000000 0.00000000 0.00000000 0.00000000 M-1 17,105,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 14,473,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-A 3,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-F 7,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 BIO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are Per 1,000 Denomination

Principal Distribution Factors Statement (qcontinued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A 0.00000000 19.82996520 868.01608338 0.86801608 19.82996520 AIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-A 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-F 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 BIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

~~Not~~Interest ~~applicable~~Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A 216,973,000.00 1.54875% 192,638,620.70 256,911.69 0.00 0.00 AIO 0.00 3.00000% 28,493,000.00 71,232.50 0.00 0.00 M-1 17,105,000.00 2.11875% 17,105,000.00 31,207.72 0.00 0.00 M-2 14,473,000.00 5.61700% 14,473,000.00 67,745.70 0.00 0.00 B-A 3,000,000.00 5.36875% 3,000,000.00 13,869.27 0.00 0.00 B-F 7,000,000.00 7.34600% 7,000,000.00 42,851.67 0.00 0.00 BIO 0.00 0.00000% 0.01 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R1 0.00 0.00000% 0.00 0.00 0.00 0.00 R2 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 258,551,100.00 483,818.55 0.00 0.00

Interest Distribution Statement (rcontinued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A 400.93 0.00 256,510.77 0.00 188,336,053.66 AIO 111.16 0.00 71,121.34 0.00 28,044,000.00 M-1 48.70 0.00 31,159.01 0.00 17,105,000.00 M-2 105.72 0.00 67,639.98 0.00 14,473,000.00 B-A 21.64 0.00 13,847.63 0.00 3,000,000.00 B-F 66.87 0.00 42,784.79 0.00 7,000,000.00 BIO 0.00 0.00 1,132,233.21 0.00 0.01 P 0.00 0.00 153,404.81 0.00 100.00 R1 0.00 0.00 0.00 0.00 0.00 R2 0.00 0.00 0.00 0.00 0.00 Totals 755.02 0.00 1,768,701.54 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

~~Not~~Interest ~~applicable~~Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A 216,973,000.00 1.54875% 887.84604859 1.18407217 0.00000000 0.00000000 AIO 0.00 3.00000% 928.08051855 2.32020130 0.00000000 0.00000000 M-1 17,105,000.00 2.11875% 1000.00000000 1.82447939 0.00000000 0.00000000 M-2 14,473,000.00 5.61700% 1000.00000000 4.68083328 0.00000000 0.00000000 B-A 3,000,000.00 5.36875% 1000.00000000 4.62309000 0.00000000 0.00000000 B-F 7,000,000.00 7.34600% 1000.00000000 6.12166714 0.00000000 0.00000000 BIO 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are Per 1,000 Denomination

Interest Distribution Factors Statement (scontinued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A 0.00184783 0.00000000 1.18222438 0.00000000 868.01608338 AIO 0.00362073 0.00000000 2.31658057 0.00000000 913.45558777 M-1 0.00284712 0.00000000 1.82163169 0.00000000 1000.00000000 M-2 0.00730464 0.00000000 4.67352864 0.00000000 1000.00000000 B-A 0.00721333 0.00000000 4.61587667 0.00000000 1000.00000000 B-F 0.00955286 0.00000000 6.11211286 0.00000000 1000.00000000 BIO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 1534048.10000000 0.00000000 1000.00000000 R1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

~~Exhibits:~~CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 6,153,706.52 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 6,153,706.52 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 82,452.12 Payment of Interest and Principal 6,071,254.40 Total Withdrawals (Pool Distribution Amount) 6,153,706.52 Ending Balance 0.00

~~4.1~~PREPAYMENT/CURTAILMENT ~~Pooling~~INTEREST ~~and~~SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing ~~Agreement~~Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 755.02

~~SIGNATURES~~SERVICING FEES Gross Servicing Fee 59,705.57 FSA Premium 19,263.86 Wells Fargo Bank Minnesota, N.A. 3,482.69 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 82,452.12

~~Pursuant~~OTHER toACCOUNTS ~~the~~Beginning ~~requirements~~Current ofCurrent ~~the~~Ending ~~Securities~~Account ~~Exchange~~Type ~~Act~~Balance ofWithdrawals ~~1934,~~Deposits ~~the~~Balance ~~registrant~~Reserve ~~has~~Fund ~~duly~~5,000.00 ~~caused~~14.29 ~~this~~14.29 ~~report~~5,000.00 toFinancial beGuaranty ~~signed~~0.00 on0.00 ~~its~~0.00 ~~behalf by the undersigned thereunto duly authorized~~0.00

~~RENAISSANCE~~LOAN ~~MORTGAGE~~STATUS ~~ACCEPTANCE~~STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 8 0 0 8 734,922.66 0.00 0.00 734,922.66 30 Days 38 1 0 0 39 4,816,654.71 82,066.25 0.00 0.00 4,898,720.96 60 Days 15 1 0 0 16 1,928,701.03 76,276.68 0.00 0.00 2,004,977.71 90 Days 2 0 8 0 10 172,910.08 0.00 1,012,738.44 0.00 1,185,648.52 120 Days 3 0 23 0 26 417,112.65 0.00 3,052,173.67 0.00 3,469,286.32 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 1 0 0 1 0.00 38,862.30 0.00 0.00 38,862.30 Totals 58 11 31 0 100 7,335,378.47 932,127.89 4,064,912.11 0.00 12,332,418.47 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.422386% 0.000000% 0.000000% 0.422386% 0.313374% 0.000000% 0.000000% 0.313374% 30 Days 2.006336% 0.052798% 0.000000% 0.000000% 2.059134% 2.053842% 0.034993% 0.000000% 0.000000% 2.088835% 60 Days 0.791975% 0.052798% 0.000000% 0.000000% 0.844773% 0.822406% 0.032525% 0.000000% 0.000000% 0.854931% 90 Days 0.105597% 0.000000% 0.422386% 0.000000% 0.527983% 0.073730% 0.000000% 0.431836% 0.000000% 0.505565% 120 Days 0.158395% 0.000000% 1.214361% 0.000000% 1.372756% 0.177859% 0.000000% 1.301460% 0.000000% 1.479318% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.052798% 0.000000% 0.000000% 0.052798% 0.000000% 0.016571% 0.000000% 0.000000% 0.016571% Totals 3.062302% 0.580781% 1.636748% 0.000000% 5.279831% 3.127836% 0.397463% 1.733295% 0.000000% 5.258595%

~~CORP~~Delinquency Status By Groups DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 6 0 0 6 639,207.00 0.00 0.00 639,207.00 30 Days 29 1 0 0 30 3,630,876.97 82,066.25 0.00 0.00 3,712,943.22 60 Days 8 1 0 0 9 895,137.57 76,276.68 0.00 0.00 971,414.25 90 Days 2 0 5 0 7 172,910.08 0.00 728,621.35 0.00 901,531.43 120 Days 3 0 18 0 21 417,112.65 0.00 2,366,442.17 0.00 2,783,554.82 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 1 0 0 1 0.00 38,862.30 0.00 0.00 38,862.30 Totals 42 9 23 0 74 5,116,037.27 836,412.23 3,095,063.52 0.00 9,047,513.02 0-29 Days 1.115242% 0.000000% 0.000000% 1.115242% 0.987595% 0.000000% 0.000000% 0.987595% 30 Days 5.390335% 0.185874% 0.000000% 0.000000% 5.576208% 5.609821% 0.126795% 0.000000% 0.000000% 5.736616% 60 Days 1.486989% 0.185874% 0.000000% 0.000000% 1.672862% 1.383016% 0.117850% 0.000000% 0.000000% 1.500866% 90 Days 0.371747% 0.000000% 0.929368% 0.000000% 1.301115% 0.267152% 0.000000% 1.125743% 0.000000% 1.392895% 120 Days 0.557621% 0.000000% 3.345725% 0.000000% 3.903346% 0.644452% 0.000000% 3.656229% 0.000000% 4.300681% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.185874% 0.000000% 0.000000% 0.185874% 0.000000% 0.060043% 0.000000% 0.000000% 0.060043% Totals 7.806691% 1.672862% 4.275093% 0.000000% 13.754647% 7.904442% 1.292284% 4.781972% 0.000000% 13.978698% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 2 0 0 2 95,715.66 0.00 0.00 95,715.66 30 Days 9 0 0 0 9 1,185,777.74 0.00 0.00 0.00 1,185,777.74 60 Days 7 0 0 0 7 1,033,563.46 0.00 0.00 0.00 1,033,563.46 90 Days 0 0 3 0 3 0.00 0.00 284,117.09 0.00 284,117.09 120 Days 0 0 5 0 5 0.00 0.00 685,731.50 0.00 685,731.50 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 16 2 8 0 26 2,219,341.20 95,715.66 969,848.59 0.00 3,284,905.45 0-29 Days 0.147493% 0.000000% 0.000000% 0.147493% 0.056371% 0.000000% 0.000000% 0.056371% 30 Days 0.663717% 0.000000% 0.000000% 0.000000% 0.663717% 0.698356% 0.000000% 0.000000% 0.000000% 0.698356% 60 Days 0.516224% 0.000000% 0.000000% 0.000000% 0.516224% 0.608710% 0.000000% 0.000000% 0.000000% 0.608710% 90 Days 0.000000% 0.000000% 0.221239% 0.000000% 0.221239% 0.000000% 0.000000% 0.167329% 0.000000% 0.167329% 120 Days 0.000000% 0.000000% 0.368732% 0.000000% 0.368732% 0.000000% 0.000000% 0.403857% 0.000000% 0.403857% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.179941% 0.147493% 0.589971% 0.000000% 1.917404% 1.307066% 0.056371% 0.571186% 0.000000% 1.934622%

~~By:~~OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00

~~/s/Dawn~~COLLATERAL ~~Ceccarini~~STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 8.534343% Weighted Average Net Coupon 8.234343% Weighted Average Pass-Through Rate 8.216843% Weighted Average Maturity(Stepdown Calculation ) 314 Beginning Scheduled Collateral Loan Count 1,923 Number Of Loans Paid In Full 29 Ending Scheduled Collateral Loan Count 1,894 Beginning Scheduled Collateral Balance 238,821,854.80 Ending Scheduled Collateral Balance 234,519,287.76 Ending Actual Collateral Balance at 30-Nov-2003 234,519,287.76 Monthly P &I Constant 1,986,300.42 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 905.20 Ending Scheduled Balance for Premium Loans 234,519,287.76 Scheduled Principal 287,810.70 Unscheduled Principal 4,014,756.34

~~Name:~~Curtailments $ 35,583.64 Servicing Advance Recovery $ 89,261.16 P & I Advance $ 232,445.60 P & I Recovery $ 1,860,237.23

~~Dawn~~Miscellaneous ~~Ceccarini~~Reporting Required OC Amount 4,605,234.10 Subordination Deficiency Amount 0.00 Excess Overcollateralization 0.00 Subordination Reduction 0.00 Subordination Increase 0.00 Overcollateralization Amount 4,605,234.10 Extra Interest paid as Principal 0.00 Three Month Delinquency Rate 2.565504% Delinquency Event NO Cumulative Loss Event NO Step Down Date Occurred NO Trigger Event NO

~~Title:~~Group Level Collateral Statement Group 1 2 Total Collateral Description Mixed ARM Mixed Fixed Mixed Fixed & Arm Weighted Average Coupon Rate 8.487260 8.552556 8.534343 Weighted Average Net Rate 8.187260 8.252556 8.234343 Weighted Average Maturity 304 340 314 Beginning Loan Count 550 1,373 1,923 Loans Paid In Full 12 17 29 Ending Loan Count 538 1,356 1,894 Beginning Scheduled Balance 66,613,343.51 172,208,511.29 238,821,854.80 Ending scheduled Balance 64,723,576.67 169,795,711.09 234,519,287.76 Record Date 11/30/2003 11/30/2003 11/30/2003 Principal And Interest Constant 524,099.23 1,462,201.19 1,986,300.42 Scheduled Principal 52,961.93 234,848.77 287,810.70 Unscheduled Principal 1,836,804.91 2,177,951.43 4,014,756.34 Scheduled Interest 471,137.30 1,227,352.42 1,698,489.72 Servicing Fees 16,653.34 43,052.13 59,705.47 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 971.44 2,511.38 3,482.82 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 453,512.52 1,181,788.91 1,635,301.43 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 905.20 905.20 Percentage of Cumulative Losses 0.0000 0.0005 0.0003 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 8.169760 8.235056 8.216843

Vice President

Dated: November 6, 2003

EXHIBIT 4.1

Filing Compare · RENAISSANCE MORT ACCEPT CORP HOME EQUITY LN AS BK CE SE 03-3