EX-99.1 2 v012108_ex99-1.txt Page 1 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-1 Statement to Certificateholders January 25 2005

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-1 January 25 2005 Sec 4.05(a)(ii) Group 1 Scheduled Interest 174,042.44 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Sec 4.05(a)(vi) Group 1 Master Servicing Fee 160.67 Group 1 Servicing Fee 8,827.76 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 46,162.25 Curtailments 27,548.85 Prepayments 574,947.75 Liquidations 47,275.50 Repurchases 0.00 Substitution Principal 0.00 Group 1 Extra Principal Paid 49,812.96 Group 1 Interest Funds Remaining After Certficiate Interest 49,812.96 Group 2 Funds Diverted To Group 1 0.00 Sec 4.05(a)(xi)&(xii) Group 1 Current Realized Loss 61,090.38 Group 1 Cumulative Realized Loss 4,089,732.26 Group 1 Current Applied Realized Loss 0.00 Group 1 Cumulative Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 1 Interest Advances 79,771.72 Group 1 Principal Advances 20,982.92 Group 1 Nonrecoverable Interest Advances 995.03 Group 1 Nonrecoverable Principal Advances 62.50 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 21,186,626.82 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 20,490,692.47 Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.34857726 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-1 January 25 2005 Sec. 4.05(a)(xxii) Current Months: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xix) Beginning Class IA-1 Interest Carryforward Amount 0.00 Beginning Class IA-2 Interest Carryforward Amount 0.00 Beginning Class IA-3 Interest Carryforward Amount 0.00 Beginning Class IA-4 Interest Carryforward Amount 0.00 Beginning Class IA-5 Interest Carryforward Amount 0.00 Beginning Class IM-1 Interest Carryforward Amount 0.00 Beginning Class IM-2 Interest Carryforward Amount 0.00 Beginning Class IB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IA-1 Interest Carryforward Amount Paid 0.00 Class IA-2 Interest Carryforward Amount Paid 0.00 Class IA-3 Interest Carryforward Amount Paid 0.00 Class IA-4 Interest Carryforward Amount Paid 0.00 Class IA-5 Interest Carryforward Amount Paid 0.00 Class IM-1 Interest Carryforward Amount Paid 0.00 Class IM-2 Interest Carryforward Amount Paid 0.00 Class IB Interest Carryforward Amount Paid 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-1 January 25 2005 Sec. 4.05(a)(xix) Ending Class IA-1 Interest Carryforward Amount 0.00 Ending Class IA-2 Interest Carryforward Amount 0.00 Ending Class IA-3 Interest Carryforward Amount 0.00 Ending Class IA-4 Interest Carryforward Amount 0.00 Ending Class IA-5 Interest Carryforward Amount 0.00 Ending Class IM-1 Interest Carryforward Amount 0.00 Ending Class IM-2 Interest Carryforward Amount 0.00 Ending Class IB Interest Carryforward Amount 0.00 Sec 4.05(a)(ii) Group 2 Scheduled Interest 0.00 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Sec 4.05(a)(vi) Group 2 Master Servicing Fee 0.00 Group 2 Servicing Fee 0.00 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 0.00 Curtailments 0.00 Prepayments 0.00 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 0.00 Group 2 Interest Funds Remaining After Certficiate Interest 0.00 Group 1 Funds Diverted To Group 2 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-1 January 25 2005 Sec 4.05(a)(xi)&(xii) Group 2 Current Realized Loss 0.00 Group 2 Cumulative Realized Loss 7,178,426.27 Group 2 Current Applied Realized Loss 0.00 Group 2 Cumulative Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 2 Interest Advances 0.00 Group 2 Principal Advances 0.00 Group 2 Nonrecoverable Interest Advances 0.00 Group 2 Nonrecoverable Principal Advances 0.00 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 0.00 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 0.00 Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 0.00000000 % Sec. 4.05(a)(xxi)&(xxii) Current Months: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 244 Balance of Group 2 Loans Repurchased 20,057,423.67

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-1 January 25 2005 Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00 Beginning Class IIM-1 Interest Carryforward Amount 0.00 Beginning Class IIM-2 Interest Carryforward Amount 0.00 Beginning Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00 Class IIM-1 Interest Carryforward Amount Paid 0.00 Class IIM-2 Interest Carryforward Amount Paid 0.00 Class IIB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00 Ending Class IIM-1 Interest Carryforward Amount 0.00 Ending Class IIM-2 Interest Carryforward Amount 0.00 Ending Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00 Beginning Class IIM-1 Interest Carryover Amount 0.00 Beginning Class IIM-2 Interest Carryover Amount 0.00 Beginning Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00 Class IIM-2 Interest Carryover Amount Paid 0.00 Class IIM-1 Interest Carryover Amount Paid 0.00 Class IIB Interest Carryover Amount Paid 0.00 Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00 Ending Class IIM-1 Interest Carryover Amount 0.00 Ending Class IIM-2 Interest Carryover Amount 0.00 Ending Class IIB Interest Carryover Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-1 January 25 2005 Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency Group 1 Principal Category Number Balance Percentage 1 Month 12 786,079.36 3.84 % 2 Month 3 97,290.58 0.47 % 3 Month 14 991,986.96 4.84 % Total 29 1,875,356.90 9.15 % Group 2 Principal Category Number Balance Percentage 1 Month 0 0.00 0.00 % 2 Month 0 0.00 0.00 % 3 Month 0 0.00 0.00 % Total 0 0.00 0.00 % Group Totals Principal Category Number Balance Percentage 1 Month 12 786,079.36 3.84 % 2 Month 3 97,290.58 0.47 % 3 Month 14 991,986.96 4.84 % Total 29 1,875,356.90 9.15 % Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Principal Number Balance Percentage 20 1,084,345.08 5.29 % Group 2 Principal Number Balance Percentage 0 0.00 0.00 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-1 January 25 2005 Group Totals Principal Number Balance Percentage 20 1,084,345.08 5.29 % Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 09/02/2002 1094214888 grp1 61,684.89 04/15/2003 1094235797 grp1 55,018.92 03/01/2004 1869000220 grp1 45,773.77 Group Totals Principal Number Balance Percentage 3 162,477.58 0.79 % Sec. 4.05(a)(xiv) Group 1 REO Loan Count 3.00 Sec. 4.05(a)(xiv) Group 1 REO Loan Balance 162,477.58 Sec. 4.05(a)(xiv) Group 2 REO Loan Count 0.00 Sec. 4.05(a)(xiv) Group 2 REO Loan Balance 0.00 Sec. 4.05(a)(xv) Total REO Loan Count 3.00 Sec. 4.05(a)(xv) Aggregate REO Loan Balance 162,477.58

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-1 January 25 2005 Sec. 4.05(xvii) Liquidated Loans this Period Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1097035706 grp1 12/31/2004 0.00 0.00 47,275.50 1 Sec. 4.05(a)(xv) Group 1 Aggregate Principal Balance of Liquidated Loans 47,275.50 Group 2 Aggregate Principal Balance of Liquidated Loans 0.00 Total Aggregate Principal Balance of Liquidated Loans 47,275.50 Performance Trigger Information: Stepup Trigger Event (Group II Only) Three Month Rolling Average 0.00 % Rolling Average Stepup Trigger Event Threshold 10.00 % Cumulative Losses as percentage of Initial Group Balance 3.05 % Cumulative Losses Stepup Trigger Event Threshold 4.00 % Stepup Trigger Event is NOT in Effect Trigger Event (Group I and Group II) Group I: 2 times 60+ Day Delinquency Percentage 22.51 % Group I: Required Percentage / Senior Enhancement 20.02 % Group I Trigger Event is in Effect Group II: 2.5 times 60+ Day Delinquency Percentage 44.11 % Group II: Required Percentage / Senior Enhancement 0.00 % Group II Trigger Event is in Effect Overcolateralization Information: Group I Beginning OC 650,000.00 Ending OC 638,660.08 Target OC 650,000.00 OC Deficiency 11,339.92 OC Floor 650,000.00

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-2 January 25 2005 Sec 4.05(a)(ii) Group 1 Scheduled Interest 278,756.51 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Sec 4.05(a)(vii) Group 1 Master Servicing Fee 207.20 Sec 4.05(a)(vi) Group 1 Servicing Fee 14,192.12 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 67,881.35 Curtailments 9,038.15 Prepayments 1,047,988.40 Liquidations 55,638.46 Repurchases 0.00 Substitution Principal 0.00 Group 1 Extra Principal Paid 37,079.61 Group 1 Interest Funds Remaining After Certificate Interest 58,875.84 Group 2 Funds Diverted To Group 1 0.00 Sec 4.05(a)(xi)&(xii) Group 1 Current Realized Loss 37,025.55 Group 1 Cumulative Realized Loss 7,775,017.65 Group 1 Current Applied Realized Loss 0.00 Group 1 Cumulative Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 1 Interest Advances 151,399.75 Group 1 Principal Advances 28,713.15 Group 1 Nonrecoverable Interest Advances 582.63 Group 1 Nonrecoverable Principal Advances 54.06

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-2 January 25 2005 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 34,061,080.25 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 32,880,533.89 Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.31352205 % Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? YES Sec. 4.05(a)(xix) Beginning Class IA-1 Interest Carryforward Amount 0.00 Beginning Class IA-2 Interest Carryforward Amount 0.00 Beginning Class IA-3 Interest Carryforward Amount 0.00 Beginning Class IA-4 Interest Carryforward Amount 0.00 Beginning Class IA-5 Interest Carryforward Amount 0.00 Beginning Class IM-1 Interest Carryforward Amount 0.00 Beginning Class IM-2 Interest Carryforward Amount 0.00 Beginning Class IB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IA-1 Interest Carryforward Amount Paid 0.00 Class IA-2 Interest Carryforward Amount Paid 0.00 Class IA-3 Interest Carryforward Amount Paid 0.00 Class IA-4 Interest Carryforward Amount Paid 0.00 Class IA-5 Interest Carryforward Amount Paid 0.00 Class IM-1 Interest Carryforward Amount Paid 0.00 Class IM-2 Interest Carryforward Amount Paid 0.00 Class IB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IA-1 Interest Carryforward Amount 0.00 Ending Class IA-2 Interest Carryforward Amount 0.00 Ending Class IA-3 Interest Carryforward Amount 0.00 Ending Class IA-4 Interest Carryforward Amount 0.00 Ending Class IA-5 Interest Carryforward Amount 0.00 Ending Class IM-1 Interest Carryforward Amount 0.00 Ending Class IM-2 Interest Carryforward Amount 0.00 Ending Class IB Interest Carryforward Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-2 January 25 2005 Sec 4.05(a)(ii) Group 2 Gross Scheduled Interest 0.00 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Sec 4.05(a)(vi) Group 2 Master Servicing Fee 0.00 Group 2 Servicing Fee 0.00 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 0.00 Curtailments 0.00 Prepayments 0.00 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 0.00 Group 2 Interest Funds Remaining After Certificate Interest 0.00 Group 1 Funds Diverted To Group 2 0.00 Sec 4.05(a)(xi)&(xii) Group 2 Current Realized Loss 0.00 Group 2 Cumulative Realized Loss 9,611,879.82 Group 2 Current Applied Realized Loss 0.00 Group 2 Cumulative Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 2 Interest Advances 0.00 Group 2 Principal Advances 0.00 Group 2 Nonrecoverable Interest Advances 0.00 Group 2 Nonrecoverable Principal Advances 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-2 January 25 2005 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 0.00 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 0.00 Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 0.00000000 % Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? NO Does a Group 2 Stepup Trigger Event Exist? NO Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00 Beginning Class IIM-1 Interest Carryforward Amount 0.00 Beginning Class IIM-2 Interest Carryforward Amount 0.00 Beginning Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00 Class IIM-1 Interest Carryforward Amount Paid 0.00 Class IIM-2 Interest Carryforward Amount Paid 0.00 Class IIB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00 Ending Class IIM-1 Interest Carryforward Amount 0.00 Ending Class IIM-2 Interest Carryforward Amount 0.00 Ending Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00 Beginning Class IIM-1 Interest Carryover Amount 0.00 Beginning Class IIM-2 Interest Carryover Amount 0.00 Beginning Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00 Class IIM-2 Interest Carryover Amount Paid 0.00 Class IIM-1 Interest Carryover Amount Paid 0.00 Class IIB Interest Carryover Amount Paid 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-2 January 25 2005 Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00 Ending Class IIM-1 Interest Carryover Amount 0.00 Ending Class IIM-2 Interest Carryover Amount 0.00 Ending Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency Group 1 Principal Category Number Balance Percentage 1 Month 13 624,575.77 1.90 % 2 Month 5 450,132.11 1.37 % 3 Month 22 1,527,690.92 4.65 % Total 40 2,602,398.80 7.92 % Group 2 Principal Category Number Balance Percentage 1 Month 0 0.00 0.00 % 2 Month 0 0.00 0.00 % 3 Month 0 0.00 0.00 % Total 0 0.00 0.00 % Group Totals Principal Category Number Balance Percentage 1 Month 13 624,575.77 1.90 % 2 Month 5 450,132.11 1.37 % 3 Month 22 1,527,690.92 4.65 % Total 40 2,602,398.80 7.92 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-2 January 25 2005 Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Principal Number Balance Percentage 26 1,699,830.90 5.17 % Group 2 Principal Number Balance Percentage 0 0.00 0.00 % Group Totals Principal Number Balance Percentage 26 1,699,830.90 5.17 % Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 11/01/2003 1094254893 grp1 64,868.40 07/01/2003 1094257767 grp1 214,492.46 03/01/2003 1094262520 grp1 53,540.93 10/01/2003 1094273865 grp1 71,553.08 02/01/2004 1094273887 grp1 80,570.79 02/01/2004 1095163330 grp1 112,270.08 09/01/2001 1095165904 grp1 41,634.68 01/01/2004 1096091982 grp1 75,186.67 04/01/2003 1097046757 grp1 29,493.62 07/01/2004 1118005701 grp1 29,804.89 Group Totals Principal Number Balance Percentage 10 773,415.60 2.35 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-2 January 25 2005 Sec. 4.05(a)(xiv) Group 1 REO Loan Count 10.00 Sec. 4.05(a)(xiv) Group 1 REO Loan Balance 773,415.60 Sec. 4.05(a)(xiv) Group 2 REO Loan Count 0.00 Sec. 4.05(a)(xiv) Group 2 REO Loan Balance 0.00 Sec. 4.05(a)(xv) Total REO Loan Count 10.00 Sec. 4.05(a)(xv) Aggregate REO Loan Balance 773,415.60 Sec. 4.05(xvii) Liquidated Loans this Period Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1094268560 grp1 12/09/2004 0.00 0.00 55,638.46 1 Sec. 4.05(a)(xv) Group 1 Aggregate Principal Balance of Liquidated Loans 55,638.46 Group 2 Aggregate Principal Balance of Liquidated Loans 0.00 Total Aggregate Principal Balance of Liquidated Loans 55,638.46 Group Total Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA2 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA3 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA4 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA5 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IM1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IM2 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IB 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IIA1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IIM1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IIM2 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-2 January 25 2005 Performance Trigger Information: Stepup Trigger Event (Group II Only) Three Month Rolling Average 0.00 % Rolling Average Stepup Trigger Event Threshold 10.00 % Trigger Event (Group I and Group II) Group I: 2 times 60+ Day Delinquency Percentage 26.71 % Group I: Required Percentage / Senior Enhancement 70.92 % Group I Delinquency Event is NOT in Effect OR Group I: Cumulative Losses as percentage of Initial Group Balance 3.89 % Group I: Cumulative Losses Trigger Event Threshold 3.30 % Cumulative Losses Stepup Trigger Event is in Effect Group I Trigger Event is in Effect considering Stepdown Date occured Group II: 2.5 times 60+ Day Delinquency Percentage 0.00 % Group II: Required Percentage / Senior Enhancement 0.00 % Group II Delinquency Event is in Effect OR Group II: Cumulative Losses as percentage of Initial Group Balance 2.53 % Group II: Cumulative Losses Stepup Trigger Event Threshold 4.00 % Cumulative Losses Stepup Trigger Event is NOT in Effect Group II Trigger Event is NOT In Effect considering Stepdown Date occured Investor Request Details of OC Balance OC Group I Principal Balance 2,500,000.00 OC Group II Principal Balance 0.00

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3 January 25 2005 Sec 4.05(a)(ii) Group 1 Scheduled Interest 203,777.91 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 157.51 Sec 4.05(a)(vii) Group 1 Master Servicing Fee 187.37 Sec 4.05(a)(vi) Group 1 Servicing Fee 10,295.15 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 40,997.43 Curtailments 5,438.31 Prepayments 640,505.29 Liquidations 127,649.44 Repurchases 0.00 Substitution Principal 0.00 Group 1 Extra Principal Paid 26,615.62 Group 1 Interest Funds Remaining After Certificate Interest 42,988.21 Group 2 Funds Diverted To Group 1 0.00 Sec 4.05(a)(xi)&(xii) Group 1 Current Realized Loss 26,444.68 Group 1 Cumulative Realized Loss 5,143,482.43 Group 1 Current Applied Realized Loss 0.00 Group 1 Cumulative Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 1 Interest Advances 252,376.84 Group 1 Principal Advances 44,252.39 Group 1 Nonrecoverable Interest Advances 266.38 Group 1 Nonrecoverable Principal Advances 170.94 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 24,708,364.11 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 23,893,773.64 Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.38769013 % Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? YES

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3 January 25 2005 Sec. 4.05(a)(xix) Beginning Class IA-1 Interest Carryforward Amount 0.00 Beginning Class IA-2 Interest Carryforward Amount 0.00 Beginning Class IA-3 Interest Carryforward Amount 0.00 Beginning Class IA-4 Interest Carryforward Amount 0.00 Beginning Class IA-5 Interest Carryforward Amount 0.00 Beginning Class IM-1 Interest Carryforward Amount 0.00 Beginning Class IM-2 Interest Carryforward Amount 0.00 Beginning Class IB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IA-1 Interest Carryforward Amount Paid 0.00 Class IA-2 Interest Carryforward Amount Paid 0.00 Class IA-3 Interest Carryforward Amount Paid 0.00 Class IA-4 Interest Carryforward Amount Paid 0.00 Class IA-5 Interest Carryforward Amount Paid 0.00 Class IM-1 Interest Carryforward Amount Paid 0.00 Class IM-2 Interest Carryforward Amount Paid 0.00 Class IB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IA-1 Interest Carryforward Amount 0.00 Ending Class IA-2 Interest Carryforward Amount 0.00 Ending Class IA-3 Interest Carryforward Amount 0.00 Ending Class IA-4 Interest Carryforward Amount 0.00 Ending Class IA-5 Interest Carryforward Amount 0.00 Ending Class IM-1 Interest Carryforward Amount 0.00 Ending Class IM-2 Interest Carryforward Amount 0.00 Ending Class IB Interest Carryforward Amount 0.00 Sec 4.05(a)(ii) Group 2 Gross Scheduled Interest 190,970.18 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Sec 4.05(a)(vi) Group 2 Master Servicing Fee 176.11 Group 2 Servicing Fee 9,676.43

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3 January 25 2005 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 18,760.63 Curtailments 1,167.47 Prepayments 815,706.72 Liquidations 403,558.83 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 0.00 Group 2 Interest Funds Remaining After Certificate Interest 117,391.32 Group 1 Funds Diverted To Group 2 0.00 Sec 4.05(a)(xi)&(xii) Group 2 Current Realized Loss 32,292.36 Group 2 Cumulative Realized Loss 6,461,148.27 Group 2 Current Applied Realized Loss 0.00 Group 2 Cumulative Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 2 Interest Advances 122,962.43 Group 2 Principal Advances 11,587.33 Group 2 Nonrecoverable Interest Advances 615.96 Group 2 Nonrecoverable Principal Advances 60.26 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 23,223,425.57 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 21,984,231.92 Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.35870405 % Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? NO Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00 Beginning Class IIM-1 Interest Carryforward Amount 0.00 Beginning Class IIM-2 Interest Carryforward Amount 0.00 Beginning Class IIB Interest Carryforward Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3 January 25 2005 Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00 Class IIM-1 Interest Carryforward Amount Paid 0.00 Class IIM-2 Interest Carryforward Amount Paid 0.00 Class IIB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00 Ending Class IIM-1 Interest Carryforward Amount 0.00 Ending Class IIM-2 Interest Carryforward Amount 0.00 Ending Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00 Beginning Class IIM-1 Interest Carryover Amount 0.00 Beginning Class IIM-2 Interest Carryover Amount 0.00 Beginning Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00 Class IIM-2 Interest Carryover Amount Paid 0.00 Class IIM-1 Interest Carryover Amount Paid 0.00 Class IIB Interest Carryover Amount Paid 0.00 Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00 Ending Class IIM-1 Interest Carryover Amount 0.00 Ending Class IIM-2 Interest Carryover Amount 0.00 Ending Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency Group 1 Principal Category Number Balance Percentage 1 Month 26 1,461,156.41 6.12 % 2 Month 7 478,922.55 2.00 % 3 Month 24 1,691,394.53 7.08 % Total 57 3,631,473.49 15.20 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3 January 25 2005 Group 2 Principal Category Number Balance Percentage 1 Month 13 990,731.33 4.51 % 2 Month 5 890,108.90 4.05 % 3 Month 12 1,138,814.69 5.18 % Total 30 3,019,654.92 13.74 % Group Totals Principal Category Number Balance Percentage 1 Month 39 2,451,887.74 5.34 % 2 Month 12 1,369,031.45 2.98 % 3 Month 36 2,830,209.22 6.17 % Total 87 6,651,128.41 14.49 % Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Principal Number Balance Percentage 26 2,338,565.10 9.79 % Group 2 Principal Number Balance Percentage 22 1,909,039.59 8.68 % Group Totals Principal Number Balance Percentage 48 4,247,604.69 9.26 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3 January 25 2005 Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BECOME LOAN PRINCIPAL REO NUMBER BALANCE 07/10/2002 1094302293 grp1 110,541.48 09/01/2002 1095182572 grp1 28,737.46 07/01/2002 1094290478 grp2 71,492.53 07/01/2003 1094291200 grp2 58,445.32 03/01/2004 1095169734 grp2 109,649.37 10/01/2003 1097055780 grp2 130,296.52 09/01/2003 1097056921 grp2 32,937.95 10/01/2003 1097059147 grp2 80,386.40 03/01/2002 1097059227 grp2 79,538.14 08/01/2003 1875004984 grp2 123,234.12 Group Totals Principal Number Balance Percentage 10 825,259.29 1.80 % Sec. 4.05(a)(xiv) Group 1 REO Loan Count 2.00 Sec. 4.05(a)(xiv) Group 1 REO Loan Balance 139,278.94 Sec. 4.05(a)(xiv) Group 2 REO Loan Count 8.00 Sec. 4.05(a)(xiv) Group 2 REO Loan Balance 685,980.35 Sec. 4.05(a)(xv) Total REO Loan Count 10.00 Sec. 4.05(a)(xv) Aggregate REO Loan Balance 825,259.29 Sec. 4.05(xvii) Liquidated Loans this Period Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1094280827 grp1 12/29/2004 0.00 0.00 127,649.44 1 1094278406 grp2 12/07/2004 0.00 0.00 112,858.28 2 1096105770 grp2 12/31/2004 0.00 0.00 162,180.37 2 1096107313 grp2 12/08/2004 0.00 0.00 128,520.18 2

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3 January 25 2005 Sec. 4.05(a)(xv) Group 1 Aggregate Principal Balance of Liquidated Loans 127,649.44 Group 2 Aggregate Principal Balance of Liquidated Loans 403,558.83 Total Aggregate Principal Balance of Liquidated Loans 531,208.27 Group Total Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 157.51 Soldiers' and Sailors' Civil Relief Act Shortfall IA1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA2 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA3 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA4 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA5 43.18 Soldiers' and Sailors' Civil Relief Act Shortfall IA6 30.53 Soldiers' and Sailors' Civil Relief Act Shortfall IM1 19.65 Soldiers' and Sailors' Civil Relief Act Shortfall IM2 9.33 Soldiers' and Sailors' Civil Relief Act Shortfall IB 8.15 Soldiers' and Sailors' Civil Relief Act Shortfall IIA1 18.07 Soldiers' and Sailors' Civil Relief Act Shortfall IIM1 14.72 Soldiers' and Sailors' Civil Relief Act Shortfall IIM2 5.37 Soldiers' and Sailors' Civil Relief Act Shortfall IIB 8.51 Performance Trigger Information: Stepup Trigger Event (Group II Only) Three Month Rolling Average 20.86 % Rolling Average Stepup Trigger Event Threshold 10.00 % Cumulative Losses as percentage of Initial Group Balance 2.64 % Cumulative Losses Stepup Trigger Event Threshold 3.80 % Stepup Trigger Event is in Effect Trigger Event (Group I and Group II) Group I: 2 times 60+ Day Delinquency Percentage 38.29 % Group I: Required Percentage / Senior Enhancement 34.83 % Group I Trigger Event is in Effect Group II: 2.5 times 60+ Day Delinquency Percentage 52.07 % Group II: Required Percentage / Senior Enhancement 55.13 % Group II Trigger Event is NOT In Effect Investor Request Details of OC Ending Balance OC Group I Principal Balance 1,797,861.83 OC Group II Principal Balance 1,538,896.23

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-4 January 25 2005 Sec 4.05(a)(ii) Group 1 Scheduled Interest 203,937.86 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Sec 4.05(a)(vi) Group 1 Master Servicing Fee 191.19 Group 1 Servicing Fee 10,504.69 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 47,092.76 Curtailments 47,125.04 Prepayments 897,767.17 Liquidations 0.00 Repurchases 0.00 Substitution Principal 0.00 Group 1 Extra Principal Paid 34,904.40 Group 1 Interest Funds Remaining After Certificate Interest 34,904.40 Group 2 Funds Diverted to Group 1 0.00 Sec 4.05(a)(xi)&(xii) Current Group 1 Realized Loss 601.95 Cumulative Group 1 Realized Loss 3,994,399.49 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 1 Interest Advances 103,126.69 Group 1 Principal Advances 21,101.59 Group 1 Nonrecoverable Interest Advances 1,075.05 Group 1 Nonrecoverable Principal Advances 254.88 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 25,211,259.05 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 24,219,274.08 Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.19788976 % Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? YES

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-4 January 25 2005 Sec. 4.05(a)(xxii) Current Months: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xix) Beginning Class IA-1 Interest Carryforward Amount 0.00 Beginning Class IA-2 Interest Carryforward Amount 0.00 Beginning Class IA-3 Interest Carryforward Amount 0.00 Beginning Class IA-4 Interest Carryforward Amount 0.00 Beginning Class IA-5 Interest Carryforward Amount 0.00 Beginning Class IA-6 Interest Carryforward Amount 0.00 Beginning Class IM-1 Interest Carryforward Amount 0.00 Beginning Class IM-2 Interest Carryforward Amount 0.00 Beginning Class IB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IA-1 Interest Carryforward Amount Paid 0.00 Class IA-2 Interest Carryforward Amount Paid 0.00 Class IA-3 Interest Carryforward Amount Paid 0.00 Class IA-4 Interest Carryforward Amount Paid 0.00 Class IA-5 Interest Carryforward Amount Paid 0.00 Class IA-6 Interest Carryforward Amount Paid 0.00 Class IM-1 Interest Carryforward Amount Paid 0.00 Class IM-2 Interest Carryforward Amount Paid 0.00 Class IB Interest Carryforward Amount Paid 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-4 January 25 2005 Sec. 4.05(a)(xix) Ending Class IA-1 Interest Carryforward Amount 0.00 Ending Class IA-2 Interest Carryforward Amount 0.00 Ending Class IA-3 Interest Carryforward Amount 0.00 Ending Class IA-4 Interest Carryforward Amount 0.00 Ending Class IA-5 Interest Carryforward Amount 0.00 Ending Class IA-6 Interest Carryforward Amount 0.00 Ending Class IM-1 Interest Carryforward Amount 0.00 Ending Class IM-2 Interest Carryforward Amount 0.00 Ending Class IB Interest Carryforward Amount 0.00 Sec 4.05(a)(ii) Group 2 Scheduled Interest 216,803.42 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Sec 4.05(a)(vi) Group 2 Master Servicing Fee 195.88 Group 2 Servicing Fee 10,762.40 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 19,743.50 Curtailments 629.95 Prepayments 950,406.27 Liquidations 96,804.37 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 145,374.62 Group 2 Interest Funds Remaining After Certificate Interest 145,374.62 Group 1 Funds Diverted to Group 2 0.00 Sec 4.05(a)(xi)&(xii) Current Group 2 Realized Loss 77,143.51 Cumulative Group 2 Realized Loss 5,794,661.03 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-4 January 25 2005 Sec 4.05(a)(x) Group 2 Interest Advances 144,592.45 Group 2 Principal Advances 13,142.97 Group 2 Nonrecoverable Interest Advances 349.24 Group 2 Nonrecoverable Principal Advances 23.21 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 25,829,771.07 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 24,762,186.98 Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.56315766 % Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? YES Sec. 4.05(a)(xxi)&(xxii) Current Months: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00 Beginning Class IIM-1 Interest Carryforward Amount 0.00 Beginning Class IIM-2 Interest Carryforward Amount 0.00 Beginning Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00 Class IIM-1 Interest Carryforward Amount Paid 0.00 Class IIM-2 Interest Carryforward Amount Paid 0.00 Class IIB Interest Carryforward Amount Paid 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-4 January 25 2005 Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00 Ending Class IIM-1 Interest Carryforward Amount 0.00 Ending Class IIM-2 Interest Carryforward Amount 0.00 Ending Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00 Beginning Class IIM-1 Interest Carryover Amount 0.00 Beginning Class IIM-2 Interest Carryover Amount 0.00 Beginning Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00 Class IIM-2 Interest Carryover Amount Paid 0.00 Class IIM-1 Interest Carryover Amount Paid 0.00 Class IIB Interest Carryover Amount Paid 0.00 Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00 Ending Class IIM-1 Interest Carryover Amount 0.00 Ending Class IIM-2 Interest Carryover Amount 0.00 Ending Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency Group 1 Principal Category Number Balance Percentage 1 Month 14 945,771.04 3.91 % 2 Month 2 76,992.39 0.32 % 3 Month 21 1,284,422.20 5.30 % Total 37 2,307,185.63 9.53 % Group 2 Principal Category Number Balance Percentage 1 Month 14 1,080,730.16 4.36 % 2 Month 5 427,912.04 1.73 % 3 Month 17 1,407,022.08 5.68 % Total 36 2,915,664.28 11.77 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-4 January 25 2005 Group Totals Principal Category Number Balance Percentage 1 Month 28 2,026,501.20 4.14 % 2 Month 7 504,904.43 1.03 % 3 Month 38 2,691,444.28 5.49 % Total 73 5,222,849.91 10.66 % Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Principal Number Balance Percentage 27 1,661,520.88 6.86 % Group 2 Principal Number Balance Percentage 27 3,393,501.52 13.70 % Group Totals Principal Number Balance Percentage 54 5,055,022.40 10.32 % Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans Sec. 4.05(xiii) Group 1 REO Loan Count 6.00 Sec. 4.05(xiii) Group 1 REO Loan Balance 418,465.60 Sec. 4.05(xiii) Group 2 REO Loan Count 3.00 Sec. 4.05(xiii) Group 2 REO Loan Balance 282,368.21 Sec. 4.05(xiv) Total REO Loan Count 9.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-4 January 25 2005 Sec. 4.05(xiv) Aggregate REO Loan Balance 700,833.81 REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 01/01/2003 1094318679 grp1 64,009.88 07/01/2003 1095193808 grp1 129,226.96 06/01/2003 1095194800 grp1 39,123.04 05/01/2003 1095197285 grp1 91,912.27 02/01/2003 1095198608 grp1 42,610.56 07/01/2003 1097061466 grp1 51,582.89 08/01/2003 1094280474 grp2 131,438.92 07/01/2003 1094298753 grp2 72,588.12 04/01/2003 1878012016 grp2 78,341.17 Sec. 4.05(xvii) Liquidated Loans this Period Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1095187645 grp2 12/24/2004 0.00 0.00 38,425.50 2 1095201575 grp2 12/28/2004 0.00 0.00 58,378.87 2 Group Total Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA2 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA3 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA4 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA5 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA6 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IM1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IM2 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IB 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IIA1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IIM1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IIM2 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-4 January 25 2005 Performance Trigger Information: Trigger Event (Group I and Group II) Group I: 2 times 60+ Day Delinquency Percentage 28.01 % Group I: Required Percentage / Senior Enhancement 20.95 % Group I Trigger Event is in Effect Group II: 2.5 times 60+ Day Delinquency Percentage 55.26 % Group II: Required Percentage / Senior Enhancement 49.25 % Group II Trigger Event is in Effect Investor Request Details of OC Ending Balance OC Group I Principal Balance 825,288.15 OC Group II Princial Balance 1,467,417.20

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-1 January 25 2005 Sec 4.05(a)(ii) Group 1 Scheduled Interest 201,139.96 Group 1 Prepayment Penalties and Late Payment Charges 5,111.75 Soldiers and Sailors Adjustment 192.49 Sec 4.05(a)(vi) Group 1 Master Servicing Fee 184.23 Group 1 Servicing Fee 10,122.61 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 46,016.56 Curtailments 43,038.91 Prepayments 554,419.70 Liquidations 57,392.99 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 32,184.87 Group 1 Interest Funds Remaining After Certificate Interest 32,223.50 Group 2 Funds Diverted to Group 1 0.00 Sec 4.05(a)(xi)&(xii) Current Group 1 Realized Loss 32,135.61 Cumulative Group 1 Realized Loss 3,737,448.80 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 1 Interest Advances 100,540.35 Group 1 Principal Advances 19,320.33 Group 1 Nonrecoverable Interest Advances 767.96 Group 1 Nonrecoverable Principal Advances 49.26

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-1 January 25 2005 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 24,294,270.46 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 23,593,402.30 Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.42608022 % Group 1 Beginning Overcolateralization 1,008,917.51 Group 1 Ending Overcolateralization 1,008,917.51 Group 1 Overcolateralization Target 650,000.00 Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? YES Sec. 4.05(a)(xxii) Current Months: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 2 Balance of Group 1 Loans Repurchased 356,825.95 Sec. 4.05(a)(xix) Beginning Class IA-1 Interest Carryforward Amount 0.00 Beginning Class IA-2 Interest Carryforward Amount 0.00 Beginning Class IA-3 Interest Carryforward Amount 0.00 Beginning Class IA-4 Interest Carryforward Amount 0.00 Beginning Class IA-5 Interest Carryforward Amount 0.00 Beginning Class IA-6 Interest Carryforward Amount 0.00 Beginning Class IM-1 Interest Carryforward Amount 0.00 Beginning Class IM-2 Interest Carryforward Amount 0.00 Beginning Class IB Interest Carryforward Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-1 January 25 2005 Sec. 4.05(a)(xix) Class IA-1 Interest Carryforward Amount Paid 0.00 Class IA-2 Interest Carryforward Amount Paid 0.00 Class IA-3 Interest Carryforward Amount Paid 0.00 Class IA-4 Interest Carryforward Amount Paid 0.00 Class IA-5 Interest Carryforward Amount Paid 0.00 Class IA-6 Interest Carryforward Amount Paid 0.00 Class IM-1 Interest Carryforward Amount Paid 0.00 Class IM-2 Interest Carryforward Amount Paid 0.00 Class IB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IA-1 Interest Carryforward Amount 0.00 Ending Class IA-2 Interest Carryforward Amount 0.00 Ending Class IA-3 Interest Carryforward Amount 0.00 Ending Class IA-4 Interest Carryforward Amount 0.00 Ending Class IA-5 Interest Carryforward Amount 0.00 Ending Class IA-6 Interest Carryforward Amount 0.00 Ending Class IM-1 Interest Carryforward Amount 0.00 Ending Class IM-2 Interest Carryforward Amount 0.00 Ending Class IB Interest Carryforward Amount 0.00 Sec 4.05(a)(ii) Group 2 Scheduled Interest 230,456.32 Group 2 Prepayment Penalties and Late Payment Charges 4,396.77 Soldiers and Sailors Adjustment 0.00 Sec 4.05(a)(vi) Group 2 Master Servicing Fee 206.22 Group 2 Servicing Fee 11,330.69

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-1 January 25 2005 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 19,946.95 Curtailments 26,495.19 Prepayments 1,141,920.35 Liquidations 514,573.75 Repurchases 0.00 Substitution Principal 0.00 Group 2 Extra Principal Paid 150,562.49 Group 2 Interest Funds Remaining After Certificate Interest 150,562.49 Group 1 Funds Diverted to Group 2 38.63 Sec 4.05(a)(xi)&(xii) Current Group 2 Realized Loss 262,308.19 Cumulative Group 2 Realized Loss 8,092,098.13 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 2 Interest Advances 141,748.21 Group 2 Principal Advances 12,803.26 Group 2 Nonrecoverable Interest Advances 1,690.15 Group 2 Nonrecoverable Principal Advances 114.29 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 27,193,660.32 Group 2 Ending Pool Stated Principal Balance 25,490,724.08 Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.66046095 % Group 2 Beginning Overcolateralization 1,400,000.00 Group 2 Ending Overcolateralization 1,288,178.65 Group 2 Overcolateralization Target 1,400,000.00 Sec. 4.05(a)(xviii) Does a Group 2 Stepup Trigger Event Exist? YES Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? YES

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-1 January 25 2005 Sec. 4.05(a)(xxi)&(xxii) Current Months: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00 Beginning Class IIM-1 Interest Carryforward Amount 0.00 Beginning Class IIM-2 Interest Carryforward Amount 0.00 Beginning Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00 Class IIM-1 Interest Carryforward Amount Paid 0.00 Class IIM-2 Interest Carryforward Amount Paid 0.00 Class IIB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00 Ending Class IIM-1 Interest Carryforward Amount 0.00 Ending Class IIM-2 Interest Carryforward Amount 0.00 Ending Class IIB Interest Carryforward Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-1 January 25 2005 Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00 Beginning Class IIM-1 Interest Carryover Amount 0.00 Beginning Class IIM-2 Interest Carryover Amount 0.00 Beginning Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00 Class IIM-2 Interest Carryover Amount Paid 0.00 Class IIM-1 Interest Carryover Amount Paid 0.00 Class IIB Interest Carryover Amount Paid 0.00 Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00 Ending Class IIM-1 Interest Carryover Amount 0.00 Ending Class IIM-2 Interest Carryover Amount 0.00 Ending Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency Group 1 Principal Category Number Balance Percentage 1 Month 16 909,517.73 3.85 % 2 Month 4 213,941.93 0.91 % 3 Month 14 1,115,905.11 4.73 % Total 34 2,239,364.77 9.49 % Group 2 Principal Category Number Balance Percentage 1 Month 20 1,569,810.52 6.16 % 2 Month 6 646,962.82 2.54 % 3 Month 24 2,139,704.83 8.39 % Total 50 4,356,478.17 17.09 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-1 January 25 2005 Group Totals Principal Category Number Balance Percentage 1 Month 36 2,479,328.25 5.05 % 2 Month 10 860,904.75 1.75 % 3 Month 38 3,255,609.94 6.63 % Total 84 6,595,842.94 13.43 % Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Principal Number Balance Percentage 18 1,385,410.88 5.87 % Group 2 Principal Number Balance Percentage 21 1,960,577.42 7.69 % Group Totals Principal Number Balance Percentage 39 3,345,988.30 6.82 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-1 January 25 2005 Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BECOME LOAN PRINCIPAL REO NUMBER BALANCE 03/26/2004 1094280113 grp1 36,581.02 01/01/2004 1095212753 grp1 47,540.15 03/01/2004 1876003218 grp1 44,355.72 06/01/2003 1094297070 grp2 91,840.99 12/01/2002 1094298800 grp2 97,874.67 11/01/2002 1094338370 grp2 65,900.42 11/01/2003 1094340598 grp2 37,202.40 09/01/2003 1095193896 grp2 44,338.24 11/01/2003 1095208858 grp2 155,861.04 05/01/2002 1095209646 grp2 71,296.54 10/01/2003 1095211885 grp2 88,418.73 10/01/2002 1095215478 grp2 43,211.49 03/01/2004 1096124367 grp2 70,076.50 01/01/2003 1098010573 grp2 95,107.79 11/01/2003 1853002500 grp2 93,459.32 08/01/2002 1872003737 grp2 75,617.98 Sec. 4.05(xiii) Group 1 REO Loan Count 3.00 Sec. 4.05(xiii) Group 1 REO Loan Balance 128,476.89 Sec. 4.05(xiii) Group 2 REO Loan Count 13.00 Sec. 4.05(xiii) Group 2 REO Loan Balance 1,030,206.11 Sec. 4.05(xiv) Total REO Loan Count 16.00 Sec. 4.05(xiv) Aggregate REO Loan Balance 1,158,683.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-1 January 25 2005 Sec. 4.05(xvii) Liquidated Loans this Period Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1875011130 grp1 12/17/2004 0.00 0.00 57,392.99 1 1094332953 grp2 12/03/2004 0.00 0.00 32,932.89 2 1094335168 grp2 12/31/2004 0.00 0.00 57,476.87 2 1094338905 grp2 12/22/2004 0.00 0.00 113,203.01 2 1094342072 grp2 12/20/2004 0.00 0.00 40,735.18 2 1094350412 grp2 12/30/2004 0.00 0.00 61,185.62 2 1095192769 grp2 12/24/2004 0.00 0.00 29,020.73 2 1095210554 grp2 12/30/2004 0.00 0.00 55,574.91 2 1095210838 grp2 12/06/2004 0.00 0.00 57,613.99 2 1096110544 grp2 12/10/2004 0.00 0.00 66,830.55 2 Sec. 4.05(xv)( Group 1 Aggregate Principal Balance of Liquidated Loans 57,392.99 Group 2 Aggregate Principal Balance of Liquidated Loans 514,573.75 Total Aggregate Principal Balance of Liquidated Loans 571,966.74 Additional Information Total Interest Shortfall due to Soldiers' and Sailors' Civil Relief Act (SSCRA) 192.49 SSCRA Shortfall Allocated to IA1 0.00 SSCRA Shortfall Allocated to IA2 0.00 SSCRA Shortfall Allocated to IA3 0.00 SSCRA Shortfall Allocated to IA4 1.02 SSCRA Shortfall Allocated to IA5 59.67 SSCRA Shortfall Allocated to IA6 43.97 SSCRA Shortfall Allocated to IM1 10.60 SSCRA Shortfall Allocated to IM2 11.10 SSCRA Shortfall Allocated to IB 8.92 SSCRA Shortfall Allocated to IIA1 24.40 SSCRA Shortfall Allocated to IIM1 18.70 SSCRA Shortfall Allocated to IIM2 6.45 SSCRA Shortfall Allocated to IIB 7.66

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-2 January 25 2005 Sec 4.05(a)(ii) Group 1 Scheduled Interest 189,882.75 Group 1 Adjustment to interest due to Soldiers' and Sailors' Civil Relief Act 0 Sec 4.05(a)(vi) Group 1 Master Servicing Fee 138.48 Group 1 Servicing Fee 9,484.84 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 39,731.20 Curtailments 5,058.36 Prepayments 790,568.47 Liquidations 42,976.14 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 23,964.07 Group 1 Interest Funds Remaining After Certificate Interest 29,742.97 Group 2 Funds Diverted to Group 1 0.00 Sec. 4.05(a)(xxv) Number of Group 1 Current Prepayment Penalties 3 Group 1 Current Prepayment Penalties 6,997.51 Number of Group 1 Cumulative Prepayment Penalties 644 Group 1 Cumulative Prepayment Penalties 1,831,475.88 Number of Group 1 Current Late Payment Charges 60 Group 1 Current Late Payment Charges 3,566.31 Number of Group 1 Cumulative Late Payment Charges 9,073 Group 1 Cumulative Late Payment Charges 406,201.54 Sec 4.05(a)(xi)&(xii) Current Group 1 Realized Loss 15,725.03 Cumulative Group 1 Realized Loss 3,982,395.99 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-2 January 25 2005 Sec 4.05(a)(x) Group 1 Interest Advances 78,005.32 Group 1 Principal Advances 14,649.11 Group 1 Nonrecoverable Interest Advances 472.70 Group 1 Nonrecoverable Principal Advances 32.52 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 22,763,608.63 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 21,885,274.46 Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.50250573 % Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? YES Sec. 4.05(a)(xxii) Current Months: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 2 Balance of Group 1 Loans Repurchased 102,295.88 Sec. 4.05(a)(xix) Beginning Class IA-1 Interest Carryforward Amount 0.00 Beginning Class IA-2 Interest Carryforward Amount 0.00 Beginning Class IA-3 Interest Carryforward Amount 0.00 Beginning Class IA-4 Interest Carryforward Amount 0.00 Beginning Class IA-5 Interest Carryforward Amount 0.00 Beginning Class IA-6 Interest Carryforward Amount 0.00 Beginning Class IM-1 Interest Carryforward Amount 0.00 Beginning Class IM-2 Interest Carryforward Amount 0.00 Beginning Class IB Interest Carryforward Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-2 January 25 2005 Sec. 4.05(a)(xix) Class IA-1 Interest Carryforward Amount Paid 0.00 Class IA-2 Interest Carryforward Amount Paid 0.00 Class IA-3 Interest Carryforward Amount Paid 0.00 Class IA-4 Interest Carryforward Amount Paid 0.00 Class IA-5 Interest Carryforward Amount Paid 0.00 Class IA-6 Interest Carryforward Amount Paid 0.00 Class IM-1 Interest Carryforward Amount Paid 0.00 Class IM-2 Interest Carryforward Amount Paid 0.00 Class IB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IA-1 Interest Carryforward Amount 0.00 Ending Class IA-2 Interest Carryforward Amount 0.00 Ending Class IA-3 Interest Carryforward Amount 0.00 Ending Class IA-4 Interest Carryforward Amount 0.00 Ending Class IA-5 Interest Carryforward Amount 0.00 Ending Class IA-6 Interest Carryforward Amount 0.00 Ending Class IM-1 Interest Carryforward Amount 0.00 Ending Class IM-2 Interest Carryforward Amount 0.00 Ending Class IB Interest Carryforward Amount 0.00 Sec 4.05(a)(ii) Group 2 Scheduled Interest 255,210.85 Group 2 Adjustment to interest due to Soldiers' and Sailors' Civil Relief Act 0.00 Sec 4.05(a)(vi) Group 2 Master Servicing Fee 179.16 Group 2 Servicing Fee 12,270.98 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 20,174.88 Curtailments 2,272.02 Prepayments 425,757.67 Liquidations 126,354.91 Repurchases 0.00 Substitution Principal 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-2 January 25 2005 Group 2 Extra Principal Paid 139,561.19 Group 2 Interest Funds Remaining After Certificate Interest 168,730.26 Group 1 Funds Diverted to Group 2 0.00 Sec. 4.05(a)(xxv) Number of Group 2 Current Prepayment Penalties 0 Group 2 Current Prepayment Penalties 0.00 Number of Group 2 Cumulative Prepayment Penalties 774 Group 2 Cumulative Prepayment Penalties 2,863,763.19 Number of Group 2 Current Late Payment Charges 83 Group 2 Current Late Payment Charges 5,079.18 Number of Group 2 Cumulative Late Payment Charges 15,169 Group 2 Cumulative Late Payment Charges 960,479.57 Sec 4.05(a)(xi)&(xii) Current Group 2 Realized Loss 96,881.12 Cumulative Group 2 Realized Loss 8,788,732.88 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 2 Interest Advances 152,133.42 Group 2 Principal Advances 12,077.44 Group 2 Nonrecoverable Interest Advances 358.00 Group 2 Nonrecoverable Principal Advances 37.76 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 29,450,341.50 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 28,875,782.02 Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.89166329 % Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? NO Does a Group 2 Step Up Event Exist? YES

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-2 January 25 2005 Sec. 4.05(a)(xxi)&(xxii) Current Months: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00 Beginning Class IIM-1 Interest Carryforward Amount 0.00 Beginning Class IIM-2 Interest Carryforward Amount 0.00 Beginning Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00 Class IIM-1 Interest Carryforward Amount Paid 0.00 Class IIM-2 Interest Carryforward Amount Paid 0.00 Class IIB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00 Ending Class IIM-1 Interest Carryforward Amount 0.00 Ending Class IIM-2 Interest Carryforward Amount 0.00 Ending Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00 Beginning Class IIM-1 Interest Carryover Amount 0.00 Beginning Class IIM-2 Interest Carryover Amount 0.00 Beginning Class IIB Interest Carryover Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-2 January 25 2005 Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00 Class IIM-2 Interest Carryover Amount Paid 0.00 Class IIM-1 Interest Carryover Amount Paid 0.00 Class IIB Interest Carryover Amount Paid 0.00 Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00 Ending Class IIM-1 Interest Carryover Amount 0.00 Ending Class IIM-2 Interest Carryover Amount 0.00 Ending Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency Group 1 Principal Category Number Balance Percentage 1 Month 8 305,299.42 1.39 % 2 Month 3 156,719.66 0.72 % 3 Month 15 1,119,022.59 5.11 % Total 26 1,581,041.67 7.22 % Group 2 Principal Category Number Balance Percentage 1 Month 20 1,391,111.52 4.82 % 2 Month 5 338,919.05 1.17 % 3 Month 14 1,047,452.84 3.63 % Total 39 2,777,483.41 9.62 % Group Totals Principal Category Number Balance Percentage 1 Month 28 1,696,410.94 3.34 % 2 Month 8 495,638.71 0.98 % 3 Month 29 2,166,475.43 4.27 % Total 65 4,358,525.08 8.59 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-2 January 25 2005 Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Principal Number Balance Percentage 16 1,344,886.15 6.15 % Group 2 Principal Number Balance Percentage 24 2,401,483.97 8.32 % Group Totals Principal Number Balance Percentage 40 3,746,370.12 7.38 % Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 11/02/2002 1094368156 grp1 54,261.01 05/01/2004 1095238145 grp1 36,788.99 12/01/2003 1094341932 grp2 44,158.50 02/01/2003 1094364257 grp2 271,346.12 01/01/2002 1094365646 grp2 45,183.59 04/01/2003 1095227794 grp2 132,130.86 02/01/2004 1095228152 grp2 104,138.89 09/01/2003 1095228742 grp2 57,515.80 01/01/2003 1095233119 grp2 84,585.32 03/01/2002 1095238430 grp2 836,036.02 01/01/2003 1852004602 grp2 33,969.14 09/01/2003 1863004386 grp2 86,808.34

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-2 January 25 2005 Sec. 4.05(xiii) Group 1 REO Loan Count 2.00 Sec. 4.05(xiii) Group 1 REO Loan Balance 91,050.00 Sec. 4.05(xiii) Group 2 REO Loan Count 10.00 Sec. 4.05(xiii) Group 2 REO Loan Balance 1,695,872.58 Sec. 4.05(xiv) Total REO Loan Count 12.00 Sec. 4.05(xiv) Aggregate REO Loan Balance 1,786,922.58 Sec. 4.05(xvii) Liquidated Loans this Period Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1095244206 grp1 12/31/2004 0.00 0.00 42,976.14 1 1094367390 grp2 12/31/2004 0.00 0.00 47,828.13 2 1094371434 grp2 12/10/2004 0.00 0.00 78,526.78 2 Sec. 4.05(xv)( Group 1 Aggregate Principal Balance of Liquidated Loans 42,976.14 Group 2 Aggregate Principal Balance of Liquidated Loans 126,354.91 Total Aggregate Principal Balance of Liquidated Loans 169,331.05 Total SSCRA 0.00 SSCRA allocated to class IA1: 0.00 SSCRA allocated to class IA2: 0.00 SSCRA allocated to class IA3: 0.00 SSCRA allocated to class IA4: 0.00 SSCRA allocated to class IA5: 0.00 SSCRA allocated to class IA6: 0.00 SSCRA allocated to class IM1: 0.00 SSCRA allocated to class IM2: 0.00 SSCRA allocated to class IB: 0.00 SSCRA allocated to class IIA1: 0.00 SSCRA allocated to class IIM1: 0.00 SSCRA allocated to class IIM2: 0.00 SSCRA allocated to class IIB: 0.00

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-3 January 25 2005 Sec 4.05(a)(ii) Group 1 Scheduled Interest 286,025.96 Sec 4.05(a)(ii) Group 1 Soldiers and Sailors Adjustment 0.00 Sec 4.05(a)(vi) Group 1 Master Servicing Fee 197.41 Group 1 Servicing Fee 13,521.42 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 52,971.61 Curtailments 6,010.20 Prepayments 834,327.16 Liquidations 293,107.01 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 63,671.69 Group 1 Interest Funds Remaining After Certificate Interest 63,671.69 Group 2 Funds Diverted to Group 1 0.00 Sec. 4.05(a)(xxv) Number of Group 1 Current Prepayment Penalties 3 Group 1 Current Prepayment Penalties 2,495.33 Number of Group 1 Cumulative Prepayment Penalties 752 Group 1 Cumulative Prepayment Penalties 2,088,304.97 Number of Group 1 Current Late Payment Charges 100 Group 1 Current Late Payment Charges 6,316.43 Number of Group 1 Cumulative Late Payment Charges 11,455 Group 1 Cumulative Late Payment Charges 489,270.15 Sec 4.05(a)(xi)&(xii) Current Group 1 Realized Loss 179,515.48 Cumulative Group 1 Realized Loss 4,561,380.46 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-3 January 25 2005 Sec 4.05(a)(x) Group 1 Interest Advances 149,491.88 Group 1 Principal Advances 24,306.93 Group 1 Nonrecoverable Interest Advances 1,479.23 Group 1 Nonrecoverable Principal Advances 401.26 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 32,451,406.61 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 31,264,990.63 Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 10.06947272 % Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? NO Sec. 4.05(a)(xxii) Current Months: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xix) Beginning Class IA-1 Interest Carryforward Amount 0.00 Beginning Class IA-2 Interest Carryforward Amount 0.00 Beginning Class IA-3 Interest Carryforward Amount 0.00 Beginning Class IA-4 Interest Carryforward Amount 0.00 Beginning Class IA-5 Interest Carryforward Amount 0.00 Beginning Class IA-6 Interest Carryforward Amount 0.00 Beginning Class IM-1 Interest Carryforward Amount 0.00 Beginning Class IM-2 Interest Carryforward Amount 0.00 Beginning Class IB Interest Carryforward Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-3 January 25 2005 Sec. 4.05(a)(xix) Class IA-1 Interest Carryforward Amount Paid 0.00 Class IA-2 Interest Carryforward Amount Paid 0.00 Class IA-3 Interest Carryforward Amount Paid 0.00 Class IA-4 Interest Carryforward Amount Paid 0.00 Class IA-5 Interest Carryforward Amount Paid 0.00 Class IA-6 Interest Carryforward Amount Paid 0.00 Class IM-1 Interest Carryforward Amount Paid 0.00 Class IM-2 Interest Carryforward Amount Paid 0.00 Class IB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IA-1 Interest Carryforward Amount 0.00 Ending Class IA-2 Interest Carryforward Amount 0.00 Ending Class IA-3 Interest Carryforward Amount 0.00 Ending Class IA-4 Interest Carryforward Amount 0.00 Ending Class IA-5 Interest Carryforward Amount 0.00 Ending Class IA-6 Interest Carryforward Amount 0.00 Ending Class IM-1 Interest Carryforward Amount 0.00 Ending Class IM-2 Interest Carryforward Amount 0.00 Ending Class IB Interest Carryforward Amount 0.00 Sec 4.05(a)(ii) Group 2 Scheduled Interest 471,369.46 Sec 4.05(a)(ii) Group 2 Soldiers and Sailors Adjustment 0.00 Sec 4.05(a)(vi) Group 2 Master Servicing Fee 326.69 Group 2 Servicing Fee 22,375.85 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 35,238.32 Curtailments 19,421.88 Prepayments 1,096,314.64 Liquidations 731,140.81 Repurchases 0.00 Substitution Principal 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-3 January 25 2005 Group 2 Extra Principal Paid 310,117.03 Group 2 Interest Funds Remaining After Certificate Interest 310,117.03 Group 1 Funds Diverted to Group 2 0.00 Sec. 4.05(a)(xxv) Number of Group 2 Current Prepayment Penalties 1 Group 2 Current Prepayment Penalties 2,140.74 Number of Group 2 Cumulative Prepayment Penalties 1,387 Group 2 Cumulative Prepayment Penalties 5,688,828.56 Number of Group 2 Current Late Payment Charges 135 Group 2 Current Late Payment Charges 9,280.01 Number of Group 2 Cumulative Late Payment Charges 23,493 Group 2 Cumulative Late Payment Charges 1,617,399.08 Sec 4.05(a)(xi)&(xii) Current Group 2 Realized Loss 417,699.89 Cumulative Group 2 Realized Loss 13,517,678.99 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 2 Interest Advances 307,371.09 Group 2 Principal Advances 23,245.62 Group 2 Nonrecoverable Interest Advances 3,144.14 Group 2 Nonrecoverable Principal Advances 190.53 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 53,702,038.87 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 51,819,923.22 Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 10.02569584 % Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? NO Sec. 4.05(a)(xxi)&(xxii) Current Months: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-3 January 25 2005 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 1 Balance of Group 2 Loans Repurchased 91,931.15 Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00 Beginning Class IIM-1 Interest Carryforward Amount 0.00 Beginning Class IIM-2 Interest Carryforward Amount 0.00 Beginning Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00 Class IIM-1 Interest Carryforward Amount Paid 0.00 Class IIM-2 Interest Carryforward Amount Paid 0.00 Class IIB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00 Ending Class IIM-1 Interest Carryforward Amount 0.00 Ending Class IIM-2 Interest Carryforward Amount 0.00 Ending Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00 Beginning Class IIM-1 Interest Carryover Amount 0.00 Beginning Class IIM-2 Interest Carryover Amount 0.00 Beginning Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00 Class IIM-2 Interest Carryover Amount Paid 0.00 Class IIM-1 Interest Carryover Amount Paid 0.00 Class IIB Interest Carryover Amount Paid 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-3 January 25 2005 Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00 Ending Class IIM-1 Interest Carryover Amount 0.00 Ending Class IIM-2 Interest Carryover Amount 0.00 Ending Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency Group 1 Principal Category Number Balance Percentage 1 Month 28 2,004,375.54 6.41 % 2 Month 6 251,250.83 0.80 % 3 Month 24 1,875,643.42 6.00 % Total 58 4,131,269.79 13.21 % Group 2 Principal Category Number Balance Percentage 1 Month 33 2,672,166.52 5.16 % 2 Month 13 832,827.52 1.61 % 3 Month 59 5,347,061.47 10.32 % Total 105 8,852,055.51 17.09 % Group Totals Principal Category Number Balance Percentage 1 Month 61 4,676,542.06 5.63 % 2 Month 19 1,084,078.35 1.30 % 3 Month 83 7,222,704.89 8.69 % Total 163 12,983,325.30 15.62 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-3 January 25 2005 Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Principal Number Balance Percentage 23 1,448,558.05 4.63 % Group 2 Principal Number Balance Percentage 56 5,109,377.30 9.86 % Group Totals Principal Number Balance Percentage 79 6,557,935.35 7.89 % Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 06/01/2002 1094387354 grp1 76,633.62 04/01/2003 1095254028 grp1 63,031.58 10/01/2003 1095259860 grp1 43,322.38 07/01/2003 1095264804 grp1 79,582.02 04/01/2004 1095270556 grp1 66,163.88 02/01/2003 1095281381 grp1 191,327.08 09/01/2003 1094382598 grp2 63,435.06 09/01/2003 1094384629 grp2 40,618.14 04/01/2003 1094397880 grp2 38,629.86 01/01/2002 1094399025 grp2 138,202.41 06/01/2001 1094412247 grp2 69,565.01 02/01/2002 1094414082 grp2 30,410.83 09/01/2003 1094415904 grp2 28,818.64 12/01/2003 1095252656 grp2 61,121.57 12/01/2003 1095258062 grp2 62,123.21 03/01/2003 1095259269 grp2 19,766.99 04/01/2003 1095264906 grp2 103,775.90

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2000-3 January 25 2005 05/01/2003 1095265272 grp2 58,066.05 08/01/2004 1095269058 grp2 66,653.37 04/01/2004 1096153842 grp2 96,098.79 01/01/2004 1874008356 grp2 66,824.36 Sec. 4.05(xiii) Group 1 REO Loan Count 6.00 Sec. 4.05(xiii) Group 1 REO Loan Balance 520,060.56 Sec. 4.05(xiii) Group 2 REO Loan Count 15.00 Sec. 4.05(xiii) Group 2 REO Loan Balance 944,110.19 Sec. 4.05(xiv) Total REO Loan Count 21.00 Sec. 4.05(xiv) Aggregate REO Loan Balance 1,464,170.75 Sec. 4.05(xvii) Liquidated Loans this Period Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1094394622 grp1 12/28/2004 0.00 0.00 70,459.89 1 1095250843 grp1 12/31/2004 0.00 0.00 20,791.84 1 1853004517 grp1 12/21/2004 0.00 0.00 201,855.28 1 1094396264 grp2 12/28/2004 0.00 0.00 30,452.31 2 1094400689 grp2 12/24/2004 0.00 0.00 131,623.23 2 1094402618 grp2 12/16/2004 0.00 0.00 65,302.53 2 1095257490 grp2 12/22/2004 0.00 0.00 61,447.80 2 1095258991 grp2 12/09/2004 0.00 0.00 126,958.81 2 1095275662 grp2 12/30/2004 0.00 0.00 67,600.99 2 1098019829 grp2 12/24/2004 0.00 0.00 117,616.65 2 1863004921 grp2 12/20/2004 0.00 0.00 41,972.25 2 1874008684 grp2 12/30/2004 0.00 0.00 88,166.24 2 Sec. 4.05(xv)( Group 1 Aggregate Principal Balance of Liquidated Loans 293,107.01 Group 2 Aggregate Principal Balance of Liquidated Loans 731,140.81 Total Aggregate Principal Balance of Liquidated Loans 1,024,247.82 Additional Information Total Interest Shortfall due to Soldiers' and Sailors' Civil Relief Act (SSCRA) 0.00

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-1 January 25 2005 Sec 4.05(a)(ii) Group 1 Scheduled Interest 263,990.35 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Group 1 Interest adjustment due to prior periods 0.00 Sec 4.05(a)(vi) Group 1 Master Servicing Fee 185.68 Group 1 Servicing Fee 12,717.81 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 46,609.76 Curtailments -3,498.98 Prepayments 1,131,298.27 Liquidations 55,030.36 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 63,720.29 Group 1 Interest Funds Remaining After Certificate Interest 74,675.62 Group 2 Funds Diverted to Group 1 0.00 Sec. 4.05(a)(xxiv) Number of Group 1 Current Prepayment Penalties 7 Group 1 Current Prepayment Penalties 21,609.26 Number of Group 1 Cumulative Prepayment Penalties 611 Group 1 Cumulative Prepayment Penalties 1,878,684.15 Number of Group 1 Current Late Payment Charges 73 Group 1 Current Late Payment Charges 4,384.63 Number of Group 1 Cumulative Late Payment Charges 8,368 Group 1 Cumulative Late Payment Charges 396,588.61 Sec 4.05(a)(xi)&(xii) Current Group 1 Realized Loss 63,616.96 Cumulative Group 1 Realized Loss 3,164,036.08 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-1 January 25 2005 Sec 4.05(a)(x) Group 1 Interest Advances 125,453.84 Group 1 Principal Advances 18,167.59 Group 1 Nonrecoverable Interest Advances 1,549.12 Group 1 Nonrecoverable Principal Advances 103.33 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 30,522,750.56 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 29,293,311.15 Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.87146395 % Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? NO Sec. 4.05(a)(xxii) Current Months: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xix) Beginning Class IA-1 Interest Carryforward Amount 0.00 Beginning Class IA-2 Interest Carryforward Amount 0.00 Beginning Class IA-3 Interest Carryforward Amount 0.00 Beginning Class IA-4 Interest Carryforward Amount 0.00 Beginning Class IA-5 Interest Carryforward Amount 0.00 Beginning Class IA-6 Interest Carryforward Amount 0.00 Beginning Class IM-1 Interest Carryforward Amount 0.00 Beginning Class IM-2 Interest Carryforward Amount 0.00 Beginning Class IB Interest Carryforward Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-1 January 25 2005 Sec. 4.05(a)(xix) Class IA-1 Interest Carryforward Amount Paid 0.00 Class IA-2 Interest Carryforward Amount Paid 0.00 Class IA-3 Interest Carryforward Amount Paid 0.00 Class IA-4 Interest Carryforward Amount Paid 0.00 Class IA-5 Interest Carryforward Amount Paid 0.00 Class IA-6 Interest Carryforward Amount Paid 0.00 Class IM-1 Interest Carryforward Amount Paid 0.00 Class IM-2 Interest Carryforward Amount Paid 0.00 Class IB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IA-1 Interest Carryforward Amount 0.00 Ending Class IA-2 Interest Carryforward Amount 0.00 Ending Class IA-3 Interest Carryforward Amount 0.00 Ending Class IA-4 Interest Carryforward Amount 0.00 Ending Class IA-5 Interest Carryforward Amount 0.00 Ending Class IA-6 Interest Carryforward Amount 0.00 Ending Class IM-1 Interest Carryforward Amount 0.00 Ending Class IM-2 Interest Carryforward Amount 0.00 Ending Class IB Interest Carryforward Amount 0.00 Sec 4.05(a)(ii) Group 2 Scheduled Interest 518,615.24 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 731.84 Group 2 Interest adjustment due to prior periods 0.00 Sec 4.05(a)(vi) Group 2 Master Servicing Fee 364.81 Group 2 Servicing Fee 24,987.32 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 39,358.73 Curtailments -5,147.75 Prepayments 2,674,579.01 Liquidations 299,599.67 Repurchases 0.00 Substitution Principal 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-1 January 25 2005 Group 2 Extra Principal Paid 222,273.48 Group 2 Interest Funds Remaining After Certificate Interest 355,385.20 Group 1 Funds Diverted to Group 2 0.00 Sec. 4.05(a)(xxiv) Number of Group 2 Current Prepayment Penalties 1 Group 2 Current Prepayment Penalties 1,023.85 Number of Group 2 Cumulative Prepayment Penalties 1,164 Group 2 Cumulative Prepayment Penalties 5,040,209.20 Number of Group 2 Current Late Payment Charges 145 Group 2 Current Late Payment Charges 11,464.08 Number of Group 2 Cumulative Late Payment Charges 18,560 Group 2 Cumulative Late Payment Charges 1,300,960.36 Sec 4.05(a)(xi)&(xii) Current Group 2 Realized Loss 222,105.52 Cumulative Group 2 Realized Loss 10,994,674.15 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 2 Interest Advances 339,966.76 Group 2 Principal Advances 26,420.57 Group 2 Nonrecoverable Interest Advances 2,350.34 Group 2 Nonrecoverable Principal Advances 167.96 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 59,969,561.52 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 56,961,171.86 Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.87026937 % Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? YES

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-1 January 25 2005 Sec. 4.05(a)(xxi)&(xxii) Current Months: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 246,076.74 Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00 Beginning Class IIM-1 Interest Carryforward Amount 0.00 Beginning Class IIM-2 Interest Carryforward Amount 0.00 Beginning Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00 Class IIM-1 Interest Carryforward Amount Paid 0.00 Class IIM-2 Interest Carryforward Amount Paid 0.00 Class IIB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00 Ending Class IIM-1 Interest Carryforward Amount 0.00 Ending Class IIM-2 Interest Carryforward Amount 0.00 Ending Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00 Beginning Class IIM-1 Interest Carryover Amount 0.00 Beginning Class IIM-2 Interest Carryover Amount 0.00 Beginning Class IIB Interest Carryover Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-1 January 25 2005 Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00 Class IIM-2 Interest Carryover Amount Paid 0.00 Class IIM-1 Interest Carryover Amount Paid 0.00 Class IIB Interest Carryover Amount Paid 0.00 Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00 Ending Class IIM-1 Interest Carryover Amount 0.00 Ending Class IIM-2 Interest Carryover Amount 0.00 Ending Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency Group 1 Principal Category Number Balance Percentage 1 Month 19 1,278,852.87 4.37 % 2 Month 5 359,331.77 1.23 % 3 Month 21 2,118,322.09 7.23 % Total 45 3,756,506.73 12.83 % Group 2 Principal Category Number Balance Percentage 1 Month 31 2,279,601.35 4.00 % 2 Month 7 965,565.48 1.70 % 3 Month 52 5,170,185.30 9.08 % Total 90 8,415,352.13 14.78 % Group Totals Principal Category Number Balance Percentage 1 Month 50 3,558,454.22 4.13 % 2 Month 12 1,324,897.25 1.54 % 3 Month 73 7,288,507.39 8.45 % Total 135 12,171,858.86 14.12 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-1 January 25 2005 Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Principal Number Balance Percentage 21 1,368,844.59 4.67 % Group 1 Principal Number Balance Percentage 47 6,217,442.85 10.92 % Group 1 Principal Number Balance Percentage 68 7,586,287.44 8.80 % Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans Sec. 4.05(xiii) Group 1 REO Loan Count 3.00 Sec. 4.05(xiii) Group 1 REO Loan Balance 323,669.79 Sec. 4.05(xiii) Group 2 REO Loan Count 17.00 Sec. 4.05(xiii) Group 2 REO Loan Balance 1,307,080.84 Sec. 4.05(xiv) Total REO Loan Count 20.00 Sec. 4.05(xiv) Aggregate REO Loan Balance 1,630,750.63 REO PROPERTY DATE BECOME LOAN PRINCIPAL REO NUMBER BALANCE 05/01/2003 1094437260 grp1 46,562.54 09/01/2003 1095284277 grp1 251,203.86 11/01/2003 1095286159 grp1 25,903.39 11/01/2003 1094418935 grp2 38,191.26 02/01/2003 1094442703 grp2 154,922.74 06/01/2003 1094446828 grp2 84,082.96

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-1 January 25 2005 11/01/2003 1094452649 grp2 64,221.01 09/01/2003 1094453674 grp2 40,800.71 04/01/2003 1095277760 grp2 97,791.80 04/01/2004 1095283139 grp2 52,408.55 11/01/2003 1095286421 grp2 52,370.69 10/01/2003 1095289394 grp2 53,159.31 06/01/2004 1095289838 grp2 21,237.25 06/01/2003 1095292912 grp2 63,151.39 04/01/2004 1095299897 grp2 66,593.23 02/01/2004 1095301434 grp2 67,792.52 01/01/2004 1095307918 grp2 130,104.62 06/01/2003 1096179325 grp2 223,882.35 10/01/2003 1096180517 grp2 48,208.50 10/01/2003 1852006426 grp2 48,161.95 Sec. 4.05(xvii) Liquidated Loans this Period Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1094461865 grp1 12/31/2004 0.00 0.00 55,030.36 1 1094433509 grp2 12/28/2004 0.00 0.00 75,042.72 2 1094440548 grp2 12/03/2004 0.00 0.00 147,395.81 2 1095281905 grp2 12/21/2004 0.00 0.00 51,620.54 2 1098025107 grp2 12/02/2004 0.00 0.00 25,540.60 2

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-1 January 25 2005 Group Total Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 731.84 Soldiers' and Sailors' Civil Relief Act Shortfall IA1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA2 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA3 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA4 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA5 149.06 Soldiers' and Sailors' Civil Relief Act Shortfall IA6 129.84 Soldiers' and Sailors' Civil Relief Act Shortfall IM1 62.78 Soldiers' and Sailors' Civil Relief Act Shortfall IM2 54.18 Soldiers' and Sailors' Civil Relief Act Shortfall IB 17.41 Soldiers' and Sailors' Civil Relief Act Shortfall IIA1 124.30 Soldiers' and Sailors' Civil Relief Act Shortfall IIM1 141.56 Soldiers' and Sailors' Civil Relief Act Shortfall IIM2 37.80 Soldiers' and Sailors' Civil Relief Act Shortfall IIB 14.91 Investor Request Details of OC Ending Balance OC Group I Ending Principal Balance 675,000.00 OC Group II Ending Principal Balance 2,400,000.00

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-2 January 25 2005 Sec 4.05(a)(ii) Group 1 Scheduled Interest 301,799.22 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Group 1 Servicing Fee 15,596.07 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 50,219.93 Curtailments 2,527.83 Prepayments 1,183,756.40 Liquidations 719,700.20 Repurchases 0.00 Substitution Interest 0.00 Group 1 Interest Funds Remaining After Certificate Interest 70,503.75 Group 1 Extra Principal Paid 70,503.75 Group 2 Funds Diverted to Group 1 34,111.55 Sec. 4.05(a)(xxv) Number of Group 1 Current Prepayment Penalties 7 Group 1 Current Prepayment Penalties 17,910.00 Number of Group 1 Cumulative Prepayment Penalties 638 Group 1 Cumulative Prepayment Penalties 1,907,363.73 Number of Group 1 Current Late Payment Charges 119 Group 1 Current Late Payment Charges 5,402.91 Number of Group 1 Cumulative Late Payment Charges 6,917 Group 1 Cumulative Late Payment Charges 295,483.71 Sec 4.05(a)(xi)&(xii) Current Group 1 Realized Loss 457,880.36 Cumulative Group 1 Realized Loss 3,417,164.71 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 1 Interest Advances 142,269.92 Group 1 Principal Advances 22,525.04 Group 1 Nonrecoverable Interest Advances 1,088.79 Group 1 Nonrecoverable Principal Advances 62.36

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-2 January 25 2005 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 36,891,948.88 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 34,935,744.52 Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.30945386 % Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? NO Sec. 4.05(a)(xxii) Current Months: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xix) Beginning Class IA-1 Interest Carryforward Amount 0.00 Beginning Class IA-2 Interest Carryforward Amount 0.00 Beginning Class IA-3 Interest Carryforward Amount 0.00 Beginning Class IA-4 Interest Carryforward Amount 0.00 Beginning Class IA-5 Interest Carryforward Amount 0.00 Beginning Class IA-6 Interest Carryforward Amount 0.00 Beginning Class IM-1 Interest Carryforward Amount 0.00 Beginning Class IM-2 Interest Carryforward Amount 0.00 Beginning Class IB Interest Carryforward Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-2 January 25 2005 Sec. 4.05(a)(xix) Class IA-1 Interest Carryforward Amount Paid 0.00 Class IA-2 Interest Carryforward Amount Paid 0.00 Class IA-3 Interest Carryforward Amount Paid 0.00 Class IA-4 Interest Carryforward Amount Paid 0.00 Class IA-5 Interest Carryforward Amount Paid 0.00 Class IA-6 Interest Carryforward Amount Paid 0.00 Class IM-1 Interest Carryforward Amount Paid 0.00 Class IM-2 Interest Carryforward Amount Paid 0.00 Class IB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IA-1 Interest Carryforward Amount 0.00 Ending Class IA-2 Interest Carryforward Amount 0.00 Ending Class IA-3 Interest Carryforward Amount 0.00 Ending Class IA-4 Interest Carryforward Amount 0.00 Ending Class IA-5 Interest Carryforward Amount 0.00 Ending Class IA-6 Interest Carryforward Amount 0.00 Ending Class IM-1 Interest Carryforward Amount 0.00 Ending Class IM-2 Interest Carryforward Amount 0.00 Ending Class IB Interest Carryforward Amount 0.00 Sec 4.05(a)(ii) Group 2A Scheduled Interest 189,276.83 Sec 4.05(a)(ii) Group 2B Scheduled Interest 439,334.82 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 118.91 Group 2A Servicing Fee 9,852.41 Group 2B Servicing Fee 22,802.94 Sec. 4.05(a)(i) Group 2A Principal Funds Scheduled Principal 16,222.50 Curtailments 648.23 Prepayments 887,965.34 Liquidations 537,208.49 Repurchases 0.00 Substitution Interest 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-2 January 25 2005 Sec. 4.05(a)(i) Group 2B Principal Funds Scheduled Principal 38,176.15 Curtailments 1,310.47 Prepayments 2,219,519.88 Liquidations 233,651.52 Repurchases 0.00 Substitution Interest 0.00 Group 2 Interest Funds Remaining After Certificate Interest 419,864.44 Group 2 Extra Principal Paid 0.00 Group 1 Funds Diverted to Group 2 0.00 Sec. 4.05(a)(xxv) Number of Group 2 Current Prepayment Penalties 4 Group 2 Current Prepayment Penalties 21,715.06 Number of Group 2 Cumulative Prepayment Penalties 1,163 Group 2 Cumulative Prepayment Penalties 4,957,488.46 Number of Group 2 Current Late Payment Charges 180 Group 2 Current Late Payment Charges 16,776.20 Number of Group 2 Cumulative Late Payment Charges 15,312 Group 2 Cumulative Late Payment Charges 1,062,204.25 Sec 4.05(a)(xi)&(xii) Current Group 2 Realized Loss 385,712.12 Cumulative Group 2 Realized Loss 10,159,813.99 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 1,458.08 Sec 4.05(a)(x) Group 2 Interest Advances 377,530.14 Group 2 Principal Advances 31,310.64 Group 2 Nonrecoverable Interest Advances 518.85 Group 2 Nonrecoverable Principal Advances 40.77 Sec 4.05(a)(v) Group 2A Beginning Pool Stated Principal Balance 23,305,530.64 Sec 4.05(a)(v) Group 2A Ending Pool Stated Principal Balance 21,863,486.08

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-2 January 25 2005 Sec 4.05(a)(v) Group 2B Beginning Pool Stated Principal Balance 53,939,550.14 Sec 4.05(a)(v) Group 2B Ending Pool Stated Principal Balance 51,446,892.12 Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.25816302 % Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? YES Sec. 4.05(a)(xxi)&(xxii) Current Months: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00 Beginning Class IIA-2 Interest Carryforward Amount 0.00 Beginning Class IIM-1 Interest Carryforward Amount 0.00 Beginning Class IIM-2 Interest Carryforward Amount 0.00 Beginning Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Class IIA-2 Interest Carryforward Amount Paid 0.00 Class IIM-1 Interest Carryforward Amount Paid 0.00 Class IIM-2 Interest Carryforward Amount Paid 0.00 Class IIB Interest Carryforward Amount Paid 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-2 January 25 2005 Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00 Ending Class IIA-2 Interest Carryforward Amount 0.00 Ending Class IIM-1 Interest Carryforward Amount 0.00 Ending Class IIM-2 Interest Carryforward Amount 0.00 Ending Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00 Beginning Class IIA-2 Interest Carryover Amount 0.00 Beginning Class IIM-1 Interest Carryover Amount 0.00 Beginning Class IIM-2 Interest Carryover Amount 0.00 Beginning Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00 Class IIA-2 Interest Carryover Amount Paid 0.00 Class IIM-1 Interest Carryover Amount Paid 0.00 Class IIM-2 Interest Carryover Amount Paid 0.00 Class IIB Interest Carryover Amount Paid 0.00 Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00 Ending Class IIA-2 Interest Carryover Amount 0.00 Ending Class IIM-1 Interest Carryover Amount 0.00 Ending Class IIM-2 Interest Carryover Amount 0.00 Ending Class IIB Interest Carryover Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-2 January 25 2005 ***Group 2 is split into Group 2A and Group 2B. Total Delinqency for Group 2 is ***the sum of Group 2 and Group 3 *** Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency Group 1 Principal Category Number Balance Percentage 1 Month 28 1,588,075.28 4.55 % 2 Month 7 547,664.76 1.57 % 3 Month 17 1,279,586.71 3.66 % Total 52 3,415,326.75 9.78 % Group 2 Principal Category Number Balance Percentage 1 Month 12 1,188,132.26 5.43 % 2 Month 2 266,021.15 1.22 % 3 Month 11 1,542,043.67 7.05 % Total 25 2,996,197.08 13.70 % Group 3 Principal Category Number Balance Percentage 1 Month 20 1,596,299.16 3.10 % 2 Month 7 555,430.53 1.08 % 3 Month 35 3,286,659.31 6.39 % Total 62 5,438,389.00 10.57 % Group Totals Principal Category Number Balance Percentage 1 Month 60 4,372,506.70 4.04 % 2 Month 16 1,369,116.44 1.26 % 3 Month 63 6,108,289.69 5.64 % Total 139 11,849,912.83 10.94 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-2 January 25 2005 ***Group 2 is split into Group 2A and Group 2B. Total Foreclosure for Group 2 is ***the sum of Group 2 and Group 3 *** Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Principal Number Balance Percentage 15 814,018.87 2.33 % Group 2 Principal Number Balance Percentage 18 2,032,665.94 9.30 % Group 3 Principal Number Balance Percentage 53 6,517,532.82 12.67 % Group Totals Principal Number Balance Percentage 86 9,364,217.63 8.65 % ***Group 2 is split into Group 2A and Group 2B. Total REO for Group 2 is ***the sum of Group 2 and Group 3 *** Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans Sec. 4.05(xiii) Group 1 REO Loan Count 4.00 Sec. 4.05(xiii) Group 1 REO Loan Balance 434,288.58 Sec. 4.05(xiii) Group 2 REO Loan Count 5.00 Sec. 4.05(xiii) Group 2 REO Loan Balance 446,939.95 Sec. 4.05(xiii) Group 3 REO Loan Count 8.00 Sec. 4.05(xiii) Group 3 REO Loan Balance 889,201.72

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-2 January 25 2005 Sec. 4.05(xiv) Total REO Loan Count 17.00 Sec. 4.05(xiv) Aggregate REO Loan Balance 1,770,430.25 REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 10/01/2002 1094474040 grp1 71,698.53 04/01/2004 1095310050 grp1 41,789.15 06/10/2003 1095312033 grp1 198,372.69 06/01/2003 1095329739 grp1 122,428.21 09/01/2003 1094474890 grp2 90,647.94 03/01/2004 1095326650 grp2 63,631.08 11/01/2003 1096197746 grp2 64,232.60 11/01/2003 1874009803 grp2 95,263.57 11/01/2003 1875018606 grp2 133,164.76 01/01/2004 1094438761 grp3 44,249.05 05/01/2002 1094464331 grp3 59,667.02 10/01/2003 1094464660 grp3 24,257.56 04/01/2004 1094465378 grp3 84,504.27 09/01/2003 1094466950 grp3 42,431.60 03/01/2002 1094468707 grp3 70,130.31 12/01/2002 1094470800 grp3 386,016.72 02/01/2004 1096189657 grp3 177,945.19 ***Group 2 is split into Group 2A and Group 2B. Total Liquidated Loans for Group 2 is ***the sum of Group 2 and Group 3 ***

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-2 January 25 2005 Sec. 4.05(xvii) Liquidated Loans this Period Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1094472817 grp1 12/24/2004 0.00 0.00 54,519.99 1 1095313105 grp1 12/20/2004 0.00 0.00 35,140.36 1 1095315585 grp1 12/16/2004 0.00 0.00 420,621.04 1 1095316395 grp1 12/16/2004 0.00 0.00 30,246.97 1 1095328135 grp1 12/24/2004 0.00 0.00 43,719.64 1 1098027770 grp1 12/22/2004 0.00 0.00 27,451.59 1 1098029017 grp1 12/06/2004 0.00 0.00 108,000.61 1 1094489376 grp2 12/03/2004 0.00 0.00 108,249.32 2 1095321760 grp2 12/10/2004 0.00 0.00 82,861.42 2 1095323539 grp2 12/31/2004 0.00 0.00 143,914.04 2 1852008250 grp2 12/10/2004 0.00 0.00 53,773.82 2 1853006396 grp2 12/20/2004 0.00 0.00 93,985.31 2 1863007475 grp2 12/28/2004 0.00 0.00 54,424.58 2 1094470742 grp3 12/20/2004 0.00 0.00 26,288.33 3 1095316839 grp3 12/24/2004 0.00 0.00 91,842.55 3 1095329400 grp3 12/24/2004 0.00 0.00 38,155.89 3 1095330400 grp3 12/30/2004 0.00 0.00 77,364.75 3 Group Total Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 118.91 Soldiers' and Sailors' Civil Relief Act Shortfall IA1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA2 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA3 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA4 1.86 Soldiers' and Sailors' Civil Relief Act Shortfall IA5 29.67 Soldiers' and Sailors' Civil Relief Act Shortfall IA6 19.20 Soldiers' and Sailors' Civil Relief Act Shortfall IM1 6.22 Soldiers' and Sailors' Civil Relief Act Shortfall IM2 4.97 Soldiers' and Sailors' Civil Relief Act Shortfall IB 3.51 Soldiers' and Sailors' Civil Relief Act Shortfall IIA1 5.57 Soldiers' and Sailors' Civil Relief Act Shortfall IIA2 17.27 Soldiers' and Sailors' Civil Relief Act Shortfall IIM1 19.37 Soldiers' and Sailors' Civil Relief Act Shortfall IIM2 6.04 Soldiers' and Sailors' Civil Relief Act Shortfall IIB 5.25 Investor Request Details of OC Ending Balance OC Group I Ending Principal Balance 567,047.74 OC Group II Ending Principal Balance 2,575,000.00

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-3 Statement to Certificateholders January 25 2005 Sec 4.05(a)(ii) Group 1 Scheduled Interest 500,407.68 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 358.74 Group 1 Servicing Fee 27,406.40 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 92,246.93 Curtailments 6,992.20 Prepayments 2,098,090.80 Liquidations 109,411.56 Repurchases 0.00 Substitution Interest 0.00 Group 1 Extra Principal Paid 54,540.87 Group 1 Interest Funds Remaining After Certificate Interest 139,095.57 Group 2 Funds Diverted to Group 1 0.00 Sec. 4.05(a)(xxv) Number of Group 1 Current Prepayment Penalties 9 Group 1 Current Prepayment Penalties 27,599.32 Number of Group 1 Cumulative Prepayment Penalties 930 Group 1 Cumulative Prepayment Penalties 3,345,084.98 Number of Group 1 Current Late Payment Charges 157 Group 1 Current Late Payment Charges 6,788.80 Number of Group 1 Cumulative Late Payment Charges 5,926 Group 1 Cumulative Late Payment Charges 274,581.83 Sec 4.05(a)(xi)&(xii) Current Group 1 Realized Loss 54,484.28 Cumulative Group 1 Realized Loss 2,803,590.81 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-3 January 25 2005 Sec 4.05(a)(x) Group 1 Interest Advances 582,373.71 Group 1 Principal Advances 60,233.45 Group 1 Nonrecoverable Interest Advances 899.28 Group 1 Nonrecoverable Principal Advances 56.59 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 64,931,251.41 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 62,624,509.92 Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 8.74157705 % Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? YES Sec. 4.05(a)(xxii) Current Months: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xix) Beginning Class IA-1 Interest Carryforward Amount 0.00 Beginning Class IA-2 Interest Carryforward Amount 0.00 Beginning Class IA-3 Interest Carryforward Amount 0.00 Beginning Class IA-4 Interest Carryforward Amount 0.00 Beginning Class IA-5 Interest Carryforward Amount 0.00 Beginning Class IA-6 Interest Carryforward Amount 0.00 Beginning Class IM-1 Interest Carryforward Amount 0.00 Beginning Class IM-2 Interest Carryforward Amount 0.00 Beginning Class IB Interest Carryforward Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-3 January 25 2005 Sec. 4.05(a)(xix) Class IA-1 Interest Carryforward Amount Paid 0.00 Class IA-2 Interest Carryforward Amount Paid 0.00 Class IA-3 Interest Carryforward Amount Paid 0.00 Class IA-4 Interest Carryforward Amount Paid 0.00 Class IA-5 Interest Carryforward Amount Paid 0.00 Class IA-6 Interest Carryforward Amount Paid 0.00 Class IM-1 Interest Carryforward Amount Paid 0.00 Class IM-2 Interest Carryforward Amount Paid 0.00 Class IB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IA-1 Interest Carryforward Amount 0.00 Ending Class IA-2 Interest Carryforward Amount 0.00 Ending Class IA-3 Interest Carryforward Amount 0.00 Ending Class IA-4 Interest Carryforward Amount 0.00 Ending Class IA-5 Interest Carryforward Amount 0.00 Ending Class IA-6 Interest Carryforward Amount 0.00 Ending Class IM-1 Interest Carryforward Amount 0.00 Ending Class IM-2 Interest Carryforward Amount 0.00 Ending Class IB Interest Carryforward Amount 0.00 Sec 4.05(a)(ii) Group 2 Scheduled Interest 1,035,188.93 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Group 2 Servicing Fee 58,777.86 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 112,898.23 Curtailments 8,917.31 Prepayments 5,883,599.66 Liquidations 862,938.21 Repurchases 0.00 Substitution Interest 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-3 January 25 2005 Group 2 Extra Principal Paid 0.00 Group 2 Interest Funds Remaining After Certificate Interest 661,769.04 Group 1 Funds Diverted to Group 2 0.00 Sec. 4.05(a)(xxv) Number of Group 2 Current Prepayment Penalties 6 Group 2 Current Prepayment Penalties 14,891.11 Number of Group 2 Cumulative Prepayment Penalties 1,942 Group 2 Cumulative Prepayment Penalties 9,569,027.23 Number of Group 2 Current Late Payment Charges 238 Group 2 Current Late Payment Charges 16,992.79 Number of Group 2 Cumulative Late Payment Charges 12,003 Group 2 Cumulative Late Payment Charges 842,962.42 Sec 4.05(a)(xi)&(xii) Current Group 2 Realized Loss 371,320.52 Cumulative Group 2 Realized Loss 11,041,188.40 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 2 Interest Advances 228,238.84 Group 2 Principal Advances 42,667.90 Group 2 Nonrecoverable Interest Advances 1,459.59 Group 2 Nonrecoverable Principal Advances 103.84 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 139,256,521.38 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 132,388,167.97 Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 8.41392041 % Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? YES

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-3 January 25 2005 Sec. 4.05(a)(xxi)&(xxii) Current Months: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 1 Balance of Group 2 Loans Repurchased 80,931.69 Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00 Beginning Class IIM-1 Interest Carryforward Amount 0.00 Beginning Class IIM-2 Interest Carryforward Amount 0.00 Beginning Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00 Class IIM-1 Interest Carryforward Amount Paid 0.00 Class IIM-2 Interest Carryforward Amount Paid 0.00 Class IIB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00 Ending Class IIM-1 Interest Carryforward Amount 0.00 Ending Class IIM-2 Interest Carryforward Amount 0.00 Ending Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00 Beginning Class IIM-1 Interest Carryover Amount 0.00 Beginning Class IIM-2 Interest Carryover Amount 0.00 Beginning Class IIB Interest Carryover Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-3 January 25 2005 Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00 Class IIM-1 Interest Carryover Amount Paid 0.00 Class IIM-2 Interest Carryover Amount Paid 0.00 Class IIB Interest Carryover Amount Paid 0.00 Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00 Ending Class IIM-1 Interest Carryover Amount 0.00 Ending Class IIM-2 Interest Carryover Amount 0.00 Ending Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency Group 1 Principal Category Number Balance Percentage 1 Month 19 1,391,493.36 2.22 % 2 Month 7 466,286.56 0.74 % 3 Month 38 2,451,055.26 3.91 % Total 64 4,308,835.18 6.87 % Group 2 Principal Category Number Balance Percentage 1 Month 47 5,123,358.41 3.87 % 2 Month 18 1,635,646.12 1.24 % 3 Month 58 7,130,141.10 5.39 % Total 123 13,889,145.63 10.50 % Group Totals Principal Category Number Balance Percentage 1 Month 66 6,514,851.77 3.34 % 2 Month 25 2,101,932.68 1.08 % 3 Month 96 9,581,196.36 4.91 % Total 187 18,197,980.81 9.33 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-3 January 25 2005 Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Principal Number Balance Percentage 38 3,192,126.87 5.10 % Group 2 Principal Number Balance Percentage 86 9,960,819.41 7.52 % Group Totals Principal Number Balance Percentage 124 13,152,946.28 6.74 % Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans Sec. 4.05(xiii) Group 1 REO Loan Count 14.00 Sec. 4.05(xiii) Group 1 REO Loan Balance 979,205.22 Sec. 4.05(xiii) Group 2 REO Loan Count 31.00 Sec. 4.05(xiii) Group 2 REO Loan Balance 2,812,637.80 Sec. 4.05(xiv) Total REO Loan Count 45.00 Sec. 4.05(xiv) Aggregate REO Loan Balance 3,791,843.02

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-3 January 25 2005 REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 10/01/2003 1094468966 grp1 19,065.65 02/01/2003 1094475677 grp1 60,690.15 09/01/2003 1094483744 grp1 50,255.57 11/01/2002 1094491571 grp1 45,206.51 07/01/2003 1094494026 grp1 35,684.40 05/01/2003 1094502918 grp1 216,717.30 05/01/2003 1094514043 grp1 25,285.13 09/01/2003 1095328623 grp1 57,816.54 09/01/2003 1095359026 grp1 110,737.14 08/01/2003 1095359161 grp1 31,595.95 01/01/2003 1095372942 grp1 63,194.38 02/01/2004 1095379680 grp1 33,722.21 11/01/2003 1096245689 grp1 122,431.15 07/01/2003 1874011408 grp1 106,803.14 12/01/2003 1094484204 grp2 41,346.14 08/01/2003 1094489591 grp2 46,366.76 05/01/2003 1094494128 grp2 67,347.80 08/01/2003 1094500559 grp2 84,358.35 02/01/2003 1094503896 grp2 64,134.07 11/01/2002 1094510858 grp2 59,779.62 12/01/2003 1094511282 grp2 105,469.68 06/01/2003 1094516344 grp2 81,802.12 07/01/2003 1095328645 grp2 75,941.21 05/01/2003 1095340254 grp2 165,784.26 10/01/2003 1095345473 grp2 108,448.59 04/01/2004 1095347118 grp2 73,178.94 02/01/2003 1095350371 grp2 323,896.29 05/01/2004 1095353518 grp2 110,753.27 05/01/2004 1095353799 grp2 31,664.67 02/01/2003 1095358136 grp2 85,497.60

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-3 January 25 2005 02/01/2004 1095360728 grp2 36,953.02 12/01/2003 1095364693 grp2 42,657.90 01/01/2004 1095370630 grp2 46,018.08 04/01/2004 1095375317 grp2 138,920.85 02/01/2004 1096215644 grp2 162,160.27 12/01/2003 1096220939 grp2 55,176.17 04/01/2003 1096232508 grp2 125,786.18 12/01/2003 1096235233 grp2 97,693.75 08/01/2003 1096247630 grp2 122,938.25 05/01/2004 1852009093 grp2 73,542.84 12/01/2003 1852020992 grp2 98,564.24 10/01/2003 1852021180 grp2 108,507.50 05/01/2003 1863009018 grp2 65,769.79 07/01/2003 1877009151 grp2 37,909.62 04/01/2003 1877010183 grp2 74,269.97 Sec. 4.05(xvii) Liquidated Loans this Period Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1094502780 grp1 12/17/2004 0.00 0.00 31,079.73 1 1095365390 grp1 12/07/2004 0.00 0.00 17,594.03 1 1874011770 grp1 12/10/2004 0.00 0.00 60,737.80 1 1094487982 grp2 12/24/2004 0.00 0.00 45,451.69 2 1094495481 grp2 12/14/2004 0.00 0.00 121,085.54 2 1094524965 grp2 12/21/2004 0.00 0.00 49,949.85 2 1095365018 grp2 12/02/2004 0.00 0.00 23,779.90 2 1095365561 grp2 12/24/2004 0.00 0.00 204,347.69 2 1095365608 grp2 12/03/2004 0.00 0.00 67,040.80 2 1095376127 grp2 12/30/2004 0.00 0.00 107,014.98 2 1096219066 grp2 12/31/2004 0.00 0.00 79,519.54 2 1863008762 grp2 12/28/2004 0.00 0.00 164,748.22 2

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-3 January 25 2005 Groups Adjustment to interest, due to Soldiers' & Sailors' Civil Relief Act 358.74 Soldiers' and Sailors' Civil Relief Act Shortfall IA1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA2 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA3 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA4 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA5 93.04 Soldiers' and Sailors' Civil Relief Act Shortfall IA6 54.99 Soldiers' and Sailors' Civil Relief Act Shortfall IM1 19.64 Soldiers' and Sailors' Civil Relief Act Shortfall IM2 11.36 Soldiers' and Sailors' Civil Relief Act Shortfall IB 5.75 Soldiers' and Sailors' Civil Relief Act Shortfall IAIO 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IIA1 95.17 Soldiers' and Sailors' Civil Relief Act Shortfall IIM1 56.77 Soldiers' and Sailors' Civil Relief Act Shortfall IIM2 16.93 Soldiers' and Sailors' Civil Relief Act Shortfall IIB 5.10 Soldiers' and Sailors' Civil Relief Act Shortfall IIAIO 0.00 Cap Contract Payment Amount 0.00 Cap Payment Remitted To Seller 0.00 Investor Request Details of O/C Balance Group I Ending Overcollateralization Amount 1,136,502.00 Targeted Overcollateralization Amount 1,136,502.04 Overcollateralization Release Amount -0.00 Group II Ending Overcollateralization Amount, 0.00 Targeted Overcollateralization Amount 4,238,501.18 Overcollateralization Release Amount 0.00

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-4 January 25 2005 Sec 4.05(a)(ii) Group 1 Scheduled Interest 669,703.73 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 415.16 Group 1 Servicing Fee 40,237.86 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 173,440.34 Curtailments 47,820.90 Prepayments 3,493,515.31 Liquidations 264,492.87 Repurchases 0.00 Group 1 Extra Principal Paid 0.00 Group 1 Interest Funds Remaining After Certificate Interest 124,331.85 Group 2 Funds Diverted to Group 1 0.00 Sec. 4.05(a)(xxv) Number of Group 1 Current Prepayment Penalties 22 Group 1 Current Prepayment Penalties 64,910.33 Number of Group 1 Cumulative Prepayment Penalties 1,371 Group 1 Cumulative Prepayment Penalties 4,613,758.52 Number of Group 1 Current Late Payment Charges 224 Group 1 Current Late Payment Charges 15,019.50 Number of Group 1 Cumulative Late Payment Charges 10,327 Group 1 Cumulative Late Payment Charges 521,494.64 Sec 4.05(a)(xi)&(xii) Current Group 1 Realized Loss 148,611.25 Cumulative Group 1 Realized Loss 2,228,395.53 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 1 Interest Advances 199,445.95 Group 1 Principal Advances 46,552.93 Group 1 Nonrecoverable Interest Advances 2,248.02 Group 1 Nonrecoverable Principal Advances 256.64

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-4 January 25 2005 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 95,331,559.10 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 91,352,289.68 Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 7.92349408 % Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? NO Sec. 4.05(a)(xxii) Current Months: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 1 Balance of Group 1 Loans Repurchased 117,281.53 Sec. 4.05(a)(xix) Beginning Class IA-1 Interest Carryforward Amount 0.00 Beginning Class IA-2 Interest Carryforward Amount 0.00 Beginning Class IA-3 Interest Carryforward Amount 0.00 Beginning Class IA-4 Interest Carryforward Amount 0.00 Beginning Class IA-5 Interest Carryforward Amount 0.00 Beginning Class IA-6 Interest Carryforward Amount 0.00 Beginning Class IM-1 Interest Carryforward Amount 0.00 Beginning Class IM-2 Interest Carryforward Amount 0.00 Beginning Class IB Interest Carryforward Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-4 January 25 2005 Sec. 4.05(a)(xix) Class IA-1 Interest Carryforward Amount Paid 0.00 Class IA-2 Interest Carryforward Amount Paid 0.00 Class IA-3 Interest Carryforward Amount Paid 0.00 Class IA-4 Interest Carryforward Amount Paid 0.00 Class IA-5 Interest Carryforward Amount Paid 0.00 Class IA-6 Interest Carryforward Amount Paid 0.00 Class IM-1 Interest Carryforward Amount Paid 0.00 Class IM-2 Interest Carryforward Amount Paid 0.00 Class IB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IA-1 Interest Carryforward Amount 0.00 Ending Class IA-2 Interest Carryforward Amount 0.00 Ending Class IA-3 Interest Carryforward Amount 0.00 Ending Class IA-4 Interest Carryforward Amount 0.00 Ending Class IA-5 Interest Carryforward Amount 0.00 Ending Class IA-6 Interest Carryforward Amount 0.00 Ending Class IM-1 Interest Carryforward Amount 0.00 Ending Class IM-2 Interest Carryforward Amount 0.00 Ending Class IB Interest Carryforward Amount 0.00 Sec 4.05(a)(ii) Group 2 Scheduled Interest 619,932.07 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 492.87 Sec 4.05(a)(vi) Group 2 Master Servicing Fee 0.00 Group 2 Servicing Fee 35,575.98 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 67,212.08 Curtailments 4,934.01 Prepayments 6,832,573.77 Liquidations 387,637.26 Repurchases 0.00 Group 2 Extra Principal Paid 0.00 Group 2 Interest Funds Remaining After Certificate Interest 377,830.38 Group 1 Funds Diverted to Group 2 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-4 January 25 2005 Sec. 4.05(a)(xxv) Number of Group 2 Current Prepayment Penalties 7 Group 2 Current Prepayment Penalties 20,289.60 Number of Group 2 Cumulative Prepayment Penalties 1,057 Group 2 Cumulative Prepayment Penalties 4,729,127.92 Number of Group 2 Current Late Payment Charges 164 Group 2 Current Late Payment Charges 13,547.81 Number of Group 2 Cumulative Late Payment Charges 8,644 Group 2 Cumulative Late Payment Charges 554,755.11 Sec 4.05(a)(xi)&(xii) Current Group 2 Realized Loss 165,047.83 Cumulative Group 2 Realized Loss 4,131,196.00 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 2 Interest Advances 323,100.79 Group 2 Principal Advances 33,250.55 Group 2 Nonrecoverable Interest Advances 347.17 Group 2 Nonrecoverable Principal Advances 23.54 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 84,286,604.52 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 76,994,247.40 Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 8.31955816 % Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? NO Sec. 4.05(a)(xxi)&(xxii) Current Months: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-4 January 25 2005 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00 Beginning Class IIM-1 Interest Carryforward Amount 0.00 Beginning Class IIM-2 Interest Carryforward Amount 0.00 Beginning Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00 Class IIM-1 Interest Carryforward Amount Paid 0.00 Class IIM-2 Interest Carryforward Amount Paid 0.00 Class IIB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00 Ending Class IIM-1 Interest Carryforward Amount 0.00 Ending Class IIM-2 Interest Carryforward Amount 0.00 Ending Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00 Beginning Class IIM-1 Interest Carryover Amount 0.00 Beginning Class IIM-2 Interest Carryover Amount 0.00 Beginning Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00 Class IIM-2 Interest Carryover Amount Paid 0.00 Class IIM-1 Interest Carryover Amount Paid 0.00 Class IIB Interest Carryover Amount Paid 0.00 Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00 Ending Class IIM-1 Interest Carryover Amount 0.00 Ending Class IIM-2 Interest Carryover Amount 0.00 Ending Class IIB Interest Carryover Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-4 January 25 2005 Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency Group 1 Principal Category Number Balance Percentage 1 Month 33 2,390,573.29 2.62 % 2 Month 9 518,834.05 0.57 % 3 Month 30 2,348,527.99 2.57 % Total 72 5,257,935.33 5.76 % Group 2 Principal Category Number Balance Percentage 1 Month 30 3,421,758.82 4.44 % 2 Month 11 1,064,251.30 1.38 % 3 Month 44 4,473,770.10 5.81 % Total 85 8,959,780.22 11.63 % Group Totals Principal Category Number Balance Percentage 1 Month 63 5,812,332.11 3.45 % 2 Month 20 1,583,085.35 0.94 % 3 Month 74 6,822,298.09 4.05 % Total 157 14,217,715.55 8.44 % Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Principal Number Balance Percentage 40 3,753,394.50 4.11 % Group 2 Principal Number Balance Percentage 45 4,402,938.68 5.72 % Group Totals Principal Number Balance Percentage 85 8,156,333.18 4.84 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-4 January 25 2005 Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 11/01/2002 1095445762 grp1 73,113.78 11/20/2003 CC582124CC grp1 151,915.34 07/15/2003 CE552750CC grp1 71,098.67 08/10/2003 CE557218CC grp1 296,905.54 10/10/2003 CE595090CC grp1 31,086.36 06/20/2003 CE609852CC grp1 78,393.54 07/01/2003 TM290190 grp1 18,274.34 12/01/2003 1094521763 grp2 39,492.32 06/01/2003 1094550273 grp2 140,707.73 03/01/2003 1094551163 grp2 129,689.41 09/01/2003 1094554332 grp2 79,700.22 04/01/2003 1094554627 grp2 107,071.20 12/01/2003 1095376932 grp2 73,725.17 04/01/2004 1095386845 grp2 112,660.34 04/01/2004 1095389253 grp2 57,013.51 11/01/2003 1095390809 grp2 174,645.08 11/01/2003 1095440328 grp2 41,359.27 04/01/2004 1095444250 grp2 47,245.27 12/01/2003 1095445478 grp2 66,454.88 07/01/2003 1095446062 grp2 63,075.32 06/01/2003 1095447054 grp2 121,212.52 12/01/2003 1095448829 grp2 133,575.88 08/01/2003 1096233431 grp2 116,543.77 07/01/2003 1096242920 grp2 155,501.76 08/01/2003 1096256970 grp2 202,740.49 08/01/2003 1096263909 grp2 212,030.45 10/01/2003 1852022036 grp2 25,976.26 12/01/2003 1852022728 grp2 67,336.79 03/01/2003 1869024604 grp2 35,901.91 09/01/2003 1872020656 grp2 314,455.39 01/15/2003 CE546593CC grp2 72,951.80 09/01/2003 CE573422CC grp2 27,799.37 12/01/2002 CE596851CC grp2 71,798.39

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2001-4 January 25 2005 Sec. 4.05(xvii) Liquidated Loans this Period Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1095449162 grp1 12/31/2004 0.00 0.00 111,093.41 1 8020000030 grp1 12/31/2004 0.00 0.00 28,886.43 1 CE654555CC grp1 12/13/2004 0.00 0.00 37,382.52 1 CE696131CC grp1 12/24/2004 0.00 0.00 87,130.51 1 1095393159 grp2 12/24/2004 0.00 0.00 119,425.35 2 1095450321 grp2 12/29/2004 0.00 0.00 98,583.57 2 1872011531 grp2 12/30/2004 0.00 0.00 169,628.34 2 Compensating Interest 0.00 Soldiers and Sailors Adjustment 908.03 Soldier's and Sailors Interest Shortfall IA1 0.00 Soldier's and Sailors Interest Shortfall IA2 0.00 Soldier's and Sailors Interest Shortfall IA3 0.00 Soldier's and Sailors Interest Shortfall IA4 26.77 Soldier's and Sailors Interest Shortfall IA5 249.56 Soldier's and Sailors Interest Shortfall IA6 165.90 Soldier's and Sailors Interest Shortfall IM1 100.06 Soldier's and Sailors Interest Shortfall IM2 47.64 Soldier's and Sailors Interest Shortfall IB 54.36 Soldier's and Sailors Interest Shortfall IIA1 97.41 Soldier's and Sailors Interest Shortfall IIM1 79.88 Soldier's and Sailors Interest Shortfall IIM2 42.13 Soldier's and Sailors Interest Shortfall IIB 44.32

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-1 January 25 2005 Sec 4.05(a)(ii) Group 1 Scheduled Interest 1,242,973.55 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 95.74 Group 1 Servicing Fee 80,787.62 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 344,344.83 Curtailments 33,755.01 Prepayments 7,695,028.44 Liquidations 214,985.38 Repurchases 0.00 Substitution Interest 0.00 Group 1 Extra Principal Paid 90,801.07 Group 1 Interest Funds Remaining After Certificate Interest 185,319.35 Group 2 Funds Diverted to Group 1 0.00 Sec. 4.05(a)(xxv) Number of Group 1 Current Prepayment Penalties 40 Group 1 Current Prepayment Penalties 185,812.87 Number of Group 1 Cumulative Prepayment Penalties 1,583 Group 1 Cumulative Prepayment Penalties 6,298,059.03 Number of Group 1 Current Late Payment Charges 303 Group 1 Current Late Payment Charges 14,984.51 Number of Group 1 Cumulative Late Payment Charges 10,594 Group 1 Cumulative Late Payment Charges 502,712.31 Sec 4.05(a)(xi)&(xii) Current Group 1 Realized Loss 90,373.86 Cumulative Group 1 Realized Loss 1,900,631.44 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-1 January 25 2005 Sec 4.05(a)(x) Group 1 Interest Advances 254,272.19 Group 1 Principal Advances 59,001.78 Group 1 Nonrecoverable Interest Advances 1,613.80 Group 1 Nonrecoverable Principal Advances 427.21 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 191,402,050.82 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 183,113,937.16 Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 7.28635412 % Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? NO Sec. 4.05(a)(xxii) Current Months: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xix) Beginning Class IA-1 Interest Carryforward Amount 0.00 Beginning Class IA-2 Interest Carryforward Amount 0.00 Beginning Class IA-3 Interest Carryforward Amount 0.00 Beginning Class IA-4 Interest Carryforward Amount 0.00 Beginning Class IA-5 Interest Carryforward Amount 0.00 Beginning Class IA-6 Interest Carryforward Amount 0.00 Beginning Class IM-1 Interest Carryforward Amount 0.00 Beginning Class IM-2 Interest Carryforward Amount 0.00 Beginning Class IB Interest Carryforward Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-1 January 25 2005 Sec. 4.05(a)(xix) Class IA-1 Interest Carryforward Amount Paid 0.00 Class IA-2 Interest Carryforward Amount Paid 0.00 Class IA-3 Interest Carryforward Amount Paid 0.00 Class IA-4 Interest Carryforward Amount Paid 0.00 Class IA-5 Interest Carryforward Amount Paid 0.00 Class IA-6 Interest Carryforward Amount Paid 0.00 Class IM-1 Interest Carryforward Amount Paid 0.00 Class IM-2 Interest Carryforward Amount Paid 0.00 Class IB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IA-1 Interest Carryforward Amount 0.00 Ending Class IA-2 Interest Carryforward Amount 0.00 Ending Class IA-3 Interest Carryforward Amount 0.00 Ending Class IA-4 Interest Carryforward Amount 0.00 Ending Class IA-5 Interest Carryforward Amount 0.00 Ending Class IA-6 Interest Carryforward Amount 0.00 Ending Class IM-1 Interest Carryforward Amount 0.00 Ending Class IM-2 Interest Carryforward Amount 0.00 Ending Class IB Interest Carryforward Amount 0.00 Sec 4.05(a)(ii) Group 2 Scheduled Interest 536,743.82 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Group 2 Servicing Fee 71,038.39 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 72,261.67 Curtailments -1,409.01 Prepayments 3,672,405.40 Liquidations 26,793.54 Repurchases 0.00 Substitution Interest 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-1 January 25 2005 Group 2 Extra Principal Paid 219,308.04 Group 2 Interest Funds Remaining After Certificate Interest 710,398.77 Group 1 Funds Diverted to Group 2 0.00 Sec. 4.05(a)(xxv) Number of Group 2 Current Prepayment Penalties 14 Group 2 Current Prepayment Penalties 35,622.11 Number of Group 2 Cumulative Prepayment Penalties 1,078 Group 2 Cumulative Prepayment Penalties 4,201,031.11 Number of Group 2 Current Late Payment Charges 130 Group 2 Current Late Payment Charges 8,638.58 Number of Group 2 Cumulative Late Payment Charges 6,080 Group 2 Cumulative Late Payment Charges 359,439.24 Sec 4.05(a)(xi)&(xii) Current Group 2 Realized Loss 27,292.48 Cumulative Group 2 Realized Loss 1,378,044.68 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 2 Interest Advances 237,111.08 Group 2 Principal Advances 29,516.21 Group 2 Nonrecoverable Interest Advances 1,119.13 Group 2 Nonrecoverable Principal Advances 91.45 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 75,153,894.02 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 71,383,842.42 Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 8.06381552 % Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? NO

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-1 January 25 2005 Sec. 4.05(a)(xxi)&(xxii) Current Months: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00 Beginning Class IIA-2 Interest Carryforward Amount 0.00 Beginning Class IIM-1 Interest Carryforward Amount 0.00 Beginning Class IIM-2 Interest Carryforward Amount 0.00 Beginning Class IIB Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Class IIA-2 Interest Carryforward Amount Paid 0.00 Class IIM-1 Interest Carryforward Amount Paid 0.00 Class IIM-2 Interest Carryforward Amount Paid 0.00 Class IIB Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00 Ending Class IIA-2 Interest Carryforward Amount 0.00 Ending Class IIM-1 Interest Carryforward Amount 0.00 Ending Class IIM-2 Interest Carryforward Amount 0.00 Ending Class IIB Interest Carryforward Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-1 January 25 2005 Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00 Beginning Class IIA-2 Interest Carryover Amount 0.00 Beginning Class IIM-1 Interest Carryover Amount 0.00 Beginning Class IIM-2 Interest Carryover Amount 0.00 Beginning Class IIB Interest Carryover Amount 0.00 Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00 Class IIA-2 Interest Carryover Amount Paid 0.00 Class IIM-1 Interest Carryover Amount Paid 0.00 Class IIM-2 Interest Carryover Amount Paid 0.00 Class IIB Interest Carryover Amount Paid 0.00 Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00 Ending Class IIA-2 Interest Carryover Amount 0.00 Ending Class IIM-1 Interest Carryover Amount 0.00 Ending Class IIM-2 Interest Carryover Amount 0.00 Ending Class IIB Interest Carryover Amount 0.00 Sec 4.05(a)(ii) Group 3 Scheduled Interest 652,243.31 Group 3 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 422.58 Group 3 Servicing Fee 39,317.18 Sec. 4.05(a)(i) Group 3 Principal Funds Scheduled Principal 81,327.05 Curtailments 116,563.21 Prepayments 4,174,998.60 Liquidations 281,625.83 Repurchases 0.00 Substitution Interest 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-1 January 25 2005 Sec. 4.05(a)(xxv) Number of Group 3 Current Prepayment Penalties 17 Group 3 Current Prepayment Penalties 69,261.01 Number of Group 3 Cumulative Prepayment Penalties 831 Group 3 Cumulative Prepayment Penalties 3,656,253.17 Number of Group 3 Current Late Payment Charges 168 Group 3 Current Late Payment Charges 9,452.79 Number of Group 3 Cumulative Late Payment Charges 6,905 Group 3 Cumulative Late Payment Charges 374,227.09 Sec 4.05(a)(xi)&(xii) Current Group 3 Realized Loss 191,890.58 Cumulative Group 3 Realized Loss 3,547,635.77 Sec 4.05(a)(x) Group 3 Interest Advances 304,741.40 Group 3 Principal Advances 33,372.60 Group 3 Nonrecoverable Interest Advances 385.97 Group 3 Nonrecoverable Principal Advances 33.53 Sec 4.05(a)(v) Group 3 Beginning Pool Stated Principal Balance 93,150,286.13 Sec 4.05(a)(v) Group 3 Ending Pool Stated Principal Balance 88,495,771.44 Sec 4.05(a)(ix) Group 3 Net Mortgage Rate 7.89596450 % Sec. 4.05(a)(xxi)&(xxii) Current Months: Number of Group 3 Loans Modified 0 Number of Group 3 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 3 Loans For Which a Short Payoff Occurred 0 Number of Group 3 Loans Repurchased 0 Balance of Group 3 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 3 Loans Modified 0 Number of Group 3 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 3 Loans For Which a Short Payoff Occurred 0 Number of Group 3 Loans Repurchased 0 Balance of Group 3 Loans Repurchased 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-1 January 25 2005 Sec. 4.05(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency Group 1 Number of Loans in Delinquency 30 Days 53 60 Days 13 90+ Days 24 Group 1 Balance of Loans in Delinquency 30 Days 3,322,360.98 60 Days 863,122.24 90+ Days 2,105,207.71 Group 2 Number of Loans in Delinquency 30 Days 23 60 Days 8 90+ Days 14 Group 2 Balance of Loans in Delinquency 30 Days 2,322,021.41 60 Days 687,159.74 90+ Days 1,744,259.27 Group 3 Number of Loans in Delinquency 30 Days 30 60 Days 15 90+ Days 28 Group 3 Balance of Loans in Delinquency 30 Days 2,373,299.69 60 Days 2,207,545.95 90+ Days 2,981,737.91

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-1 January 25 2005 Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Loans in Foreclosure 36 Group 1 Balance of Loans in Foreclosure 2,571,753.62 Group 2 Number of Loans in Foreclosure 47 Group 2 Balance of Loans in Foreclosure 4,490,764.41 Group 3 Number of Loans in Foreclosure 49 Group 3 Balance of Loans in Foreclosure 4,935,419.25 Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans Sec. 4.05(xiii) Group 1 REO Loan Count 10.00 Sec. 4.05(xiii) Group 1 REO Loan Balance 480,465.46 Sec. 4.05(xiii) Group 2 REO Loan Count 10.00 Sec. 4.05(xiii) Group 2 REO Loan Balance 1,093,292.59 Sec. 4.05(xiii) Group 3 REO Loan Count 14.00 Sec. 4.05(xiii) Group 3 REO Loan Balance 1,148,879.30 Sec. 4.05(xiv) Total REO Loan Count 34.00 Sec. 4.05(xiv) Aggregate REO Loan Balance 2,722,637.35 REO PROPERTY DATE BECOME LOAN PRINCIPAL REO NUMBER BALANCE

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-1 January 25 2005 07/01/2003 1094549514 grp1 65,123.33 09/01/2002 1094563672 grp1 51,745.73 06/01/2004 1095455675 grp1 21,137.93 03/01/2004 1095472222 grp1 37,296.27 07/01/2003 1095479141 grp1 64,257.23 12/01/2003 1855001382 grp1 68,006.46 05/01/2003 CC703108CC grp1 38,939.01 09/15/2003 CC829330CC grp1 35,438.88 04/01/2004 CE729945CC grp1 59,287.14 03/01/2003 CE822246CC grp1 39,233.48 12/01/2003 1094570565 grp2 44,913.86 09/01/2003 1095450864 grp2 33,630.91 03/01/2003 1095453283 grp2 79,595.68 07/01/2003 1095460460 grp2 179,344.73 12/01/2003 1096317870 grp2 187,415.49 05/01/2004 1098042558 grp2 222,143.58 01/01/2004 1852023028 grp2 37,292.45 10/01/2003 1869025378 grp2 42,861.55 08/01/2003 1872021739 grp2 201,089.47 04/15/2003 CE841498CC grp2 65,004.87 01/01/2003 1094560186 grp4 109,095.88 12/01/2002 1094572072 grp4 107,364.30 12/01/2002 1094572684 grp4 119,275.53 10/01/2003 1094575570 grp4 65,055.83 03/01/2004 1095443440 grp4 78,863.80 06/01/2003 1095448920 grp4 84,101.75 05/01/2003 1095453590 grp4 57,977.76 07/01/2003 1095454967 grp4 51,710.06 09/01/2003 1095459348 grp4 65,336.46 02/01/2004 1095459519 grp4 115,556.08 09/01/2003 1095478670 grp4 83,565.13 10/01/2003 1096250088 grp4 41,046.16 09/01/2003 1096279374 grp4 110,880.77 02/15/2004 CE672860CC grp4 59,049.79

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 13 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-1 January 25 2005 Sec. 4.05(xvii) Liquidated Loans this Period Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1095473804 grp1 12/31/2004 0.00 0.00 18,047.93 1 1095480640 grp1 12/07/2004 0.00 0.00 43,792.54 1 1096287088 grp1 12/20/2004 0.00 0.00 79,086.20 1 CE853814CC grp1 12/29/2004 0.00 0.00 44,856.30 1 CE854992CC grp1 12/24/2004 0.00 0.00 29,202.41 1 9030000085 grp3 12/30/2004 0.00 0.00 26,793.54 3 1095450886 grp4 12/16/2004 0.00 0.00 41,210.51 4 1095469283 grp4 12/10/2004 0.00 0.00 60,418.95 4 1872021659 grp4 12/30/2004 0.00 0.00 121,425.65 4 1877011459 grp4 12/20/2004 0.00 0.00 58,570.72 4 Group Total Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 518.32 Soldiers' and Sailors' Civil Relief Act Shortfall IA1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA2 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA3 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA4 60.71 Soldiers' and Sailors' Civil Relief Act Shortfall IA5 77.02 Soldiers' and Sailors' Civil Relief Act Shortfall IA6 48.76 Soldiers' and Sailors' Civil Relief Act Shortfall IM1 14.11 Soldiers' and Sailors' Civil Relief Act Shortfall IM2 13.66 Soldiers' and Sailors' Civil Relief Act Shortfall IB 12.19 Soldiers' and Sailors' Civil Relief Act Shortfall IIA1 17.02 Soldiers' and Sailors' Civil Relief Act Shortfall IIA2 26.35 Soldiers' and Sailors' Civil Relief Act Shortfall IIM1 18.52 Soldiers' and Sailors' Civil Relief Act Shortfall IIM2 17.10 Soldiers' and Sailors' Civil Relief Act Shortfall IIB 15.20 Soldiers' and Sailors' Civil Relief Act Shortfall C 197.68 Investor Request Details of OC Ending Balance Group I OC Principal Balance 4,500,000.00 Group II OC Principal Balance 3,250,000.00 Total OC Principal Balance 7,750,000.00

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-2 January 25 2005 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 289,571.43 Curtailments 152,018.13 Prepayments 7,279,085.56 Liquidations 206,915.01 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 75,607.10 Supplied by Grp 1 Interest Funds 75,607.10 Supplied by Group 2 Funds 0.00 Group 1 MR Interest Paid to R 2.81 Group 1 UR Interest Paid to R 0.00 Group 1 Interest Funds Remaining After Certificate Interest 297,202.45 Group 1 Prepayment Penalties 192,411.03 Group 1 Late Payment Charges 14,478.22 Sec 4.05(a)(ii) Group 1 Scheduled Interest 1,067,159.01 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 158,554,451.15 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 150,626,861.02 Sec 4.05(a)(vi) Group 1 Servicing Fee 66,923.19 Sec 4.05(a)(viii) Group 1 Net Mortgage Rate 7.57016265 % Sec 4.05(a)(ix) Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 270,678.34 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 56,954.06 Group 1 Nonrecoverable Interest Advances 1,191.49 Group 1 Nonrecoverable Principal Advances 183.20

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-2 January 25 2005 Sec 4.05(a)(x)&(xi) Current Group 1 Realized Loss 75,423.90 Cumulative Group 1 Realized Loss 1,409,829.86 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Sec. 4.05(a)(iii)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-2 January 25 2005 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Sec. 4.05(a)(xx) Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-2 January 25 2005 Sec. 4.05(a)(xxi) Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Sec. 4.05(a)(xxii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a)(xxiii) Current Period: Group 1 Number of Loans paid Prepayment Penalties 54 Group 1 Prepayment Penalties Received 192,411.03 Group 1 Number of Loans paid Late Payment Charges 271 Group 1 Late Payment Charges Received 14,478.22 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 1,446 Group 1 Prepayment Penalties Received 4,945,519.85 Group 1 Number of Loans paid Late Payment Charges 9,105 Group 1 Late Payment Charges Received 472,268.01

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-2 January 25 2005 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 177,485.09 Curtailments 119,871.15 Prepayments 7,158,530.19 Liquidations 1,183,699.53 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 333,669.54 Supplied by Grp 2 Interest Funds 333,669.54 Supplied by Group 1 Funds 0.00 Group 2 MR Interest Paid to R 8.54 Group 2 UR Interest Paid to R 0.00 Group 2 Interest Funds Remaining After Certificate Interest 894,520.75 Group 2 Prepayment Penalties 134,014.84 Group 2 Late Payment Charges 23,954.07 Sec 4.05(a)(ii) Group 2 Scheduled Interest 1,455,376.12 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 558.45 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 200,307,009.73 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 191,667,423.77 Sec 4.05(a)(vi) Group 2 Servicing Fee 84,546.25 Sec 4.05(a)(viii) Group 2 Net Mortgage Rate 8.21237283 % Sec 4.05(a)(ix) Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 719,029.87 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 75,829.82 Group 2 Nonrecoverable Interest Advances 452.47 Group 2 Nonrecoverable Principal Advances 66.03

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-2 January 25 2005 Sec 4.05(a)(x)&(xi) Current Group 2 Realized Loss 333,603.51 Cumulative Group 2 Realized Loss 6,331,755.08 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 2 Trigger Event Exist? NO Sec. 4.05(a)(iii)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-2 January 25 2005 Sec. 4.05(a)(xix), Interest Carryover Amount with respect to such Distribution Date (xxv) and (xxvi) Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Sec. 4.05(a)(xx) Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-2 January 25 2005 Sec. 4.05(a)(xxi) Current Period: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec. 4.05(a)(xxii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a)(xxiii) Current Period: Group 2 Number of Loans paid Prepayment Penalties 45 Group 2 Prepayment Penalties Received 134,014.84 Group 2 Number of Loans paid Late Payment Charges 420 Group 2 Late Payment Charges Received 23,954.07 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 2,148 Group 2 Prepayment Penalties Received 8,795,421.89 Group 2 Number of Loans paid Late Payment Charges 16,833 Group 2 Late Payment Charges Received 945,637.10

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-2 January 25 2005 Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 35 2,777,447.08 1.84 % 2 Month 12 1,291,387.22 0.86 % 3 Month 17 1,760,015.55 1.17 % Total 64 5,828,849.85 3.87 % Group 1 Principal Category Number Balance Percentage 1 Month 67 7,092,150.41 3.70 % 2 Month 21 2,079,682.09 1.09 % 3 Month 60 6,342,445.87 3.31 % Total 148 15,514,278.37 8.10 % Group 1 Principal Category Number Balance Percentage 1 Month 102 9,869,597.49 2.88 % 2 Month 33 3,371,069.31 0.98 % 3 Month 77 8,102,461.42 2.37 % Total 212 21,343,128.22 6.23 % Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 6 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 580,470.79 Number of Foreclosure Loans that are 3+ Months Delinquent 34 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 2,820,154.84 Group 1 Total Number of Foreclosure Loans that are Delinquent 40 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 3,400,625.63

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-2 January 25 2005 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 159,357.93 Number of Foreclosure Loans that are 2 Months Delinquent 13 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 1,315,901.12 Number of Foreclosure Loans that are 3+ Months Delinquent 68 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 8,238,406.45 Group 2 Total Number of Foreclosure Loans that are Delinquent 82 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 9,713,665.50 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 159,357.93 Number of Foreclosure Loans that are 2 Months Delinquent 19 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 1,896,371.91 Number of Foreclosure Loans that are 3+ Months Delinquent 102 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 11,058,561.29 Total Number of Foreclosure Loans that are Delinquent 122 Total Principal Balance of Foreclosure Loans that are Delinquent 13,114,291.13 Sec. 4.05(a)(xiii)&(xiv) Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 05/01/2003 1094589461 grp1 40,909.44 08/01/2003 1094607042 grp1 87,177.91 02/01/2004 1095490814 grp1 89,089.13 01/01/2004 1095494393 grp1 37,930.82 08/01/2003 1095496468 grp1 28,965.79 02/01/2004 1098044429 grp1 74,333.77 02/01/2004 1854004181 grp1 121,989.10 07/01/2003 1870100153 grp1 100,008.60 05/10/2004 CE111131EE grp1 110,661.18 08/15/2003 CE113745EE grp1 81,219.70

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 13 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-2 January 25 2005 09/15/2003 CE140058EE grp1 45,404.25 01/05/2004 CE146848EE grp1 92,317.92 02/20/2004 CE156471EE grp1 69,687.38 07/01/2003 CE164359EE grp1 51,884.21 01/01/2004 CE166612EE grp1 24,238.14 02/01/2004 CE207986EE grp1 41,335.14 11/20/2002 CE926380CC grp1 49,801.14 11/01/2002 1094590100 grp2 101,874.53 05/01/2004 1094593072 grp2 46,345.55 07/01/2003 1094595282 grp2 833,962.32 10/01/2003 1094599385 grp2 176,409.86 03/01/2003 1094600178 grp2 96,407.31 07/01/2002 1094600699 grp2 155,929.13 06/01/2004 1095481813 grp2 87,026.64 08/01/2002 1095482747 grp2 211,568.99 12/01/2003 1095483910 grp2 88,461.75 05/01/2004 1095493798 grp2 155,190.47 04/01/2004 1095496130 grp2 49,717.15 03/01/2004 1095498066 grp2 59,094.23 05/01/2004 1095498860 grp2 105,402.25 05/01/2004 1095502403 grp2 108,716.31 08/01/2003 1095504227 grp2 163,052.44 08/01/2003 1095514446 grp2 158,182.57 12/01/2002 1096331656 grp2 498,494.86 06/01/2003 1096344818 grp2 281,718.72 03/01/2004 1098046843 grp2 49,462.74 05/01/2003 1854002743 grp2 99,009.33 08/01/2003 1863012952 grp2 93,229.97 12/01/2003 1874014450 grp2 122,038.05 09/10/2003 CC772940CC grp2 56,651.98 12/01/2003 CE187440EE grp2 68,535.64

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 14 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-2 January 25 2005 Sec. 4.05(xv)&(xvi) Liquidated Loans Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # CE210389EE grp1 12/22/2004 0.00 0.00 104,438.90 1 CE864426CC grp1 12/17/2004 0.00 0.00 46,481.62 1 CE922696CC grp1 12/16/2004 0.00 0.00 55,994.49 1 1094588924 grp2 12/31/2004 0.00 0.00 43,195.53 2 1094594246 grp2 12/31/2004 0.00 0.00 279,121.07 2 1095487525 grp2 12/31/2004 0.00 0.00 223,068.55 2 1095497880 grp2 12/08/2004 0.00 0.00 126,105.91 2 1096316619 grp2 12/30/2004 0.00 0.00 274,700.57 2 1096322746 grp2 12/20/2004 0.00 0.00 44,140.95 2 1096326850 grp2 12/31/2004 0.00 0.00 131,958.79 2 AI020226 grp2 12/27/2004 0.00 0.00 24,014.14 2 CE129872EE grp2 12/24/2004 0.00 0.00 37,394.02 2 Investor Request Details of Class C Ending Balance Class C Group I Certificate Principal Balance 2,730,000.00 Class C Group II Certificate Principal Balance 3,680,000.00 Class C Principal Balance 6,410,000.00 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 558.45 SSCRA Interest Shortfall Allocated to Class IA-1 0.00 SSCRA Interest Shortfall Allocated to Class IA-2 0.00 SSCRA Interest Shortfall Allocated to Class IA-3 0.00 SSCRA Interest Shortfall Allocated to Class IA-4 46.96 SSCRA Interest Shortfall Allocated to Class IA-5 55.64 SSCRA Interest Shortfall Allocated to Class IA-6 34.39 SSCRA Interest Shortfall Allocated to Class IM-1 12.00 SSCRA Interest Shortfall Allocated to Class IM-2 10.79 SSCRA Interest Shortfall Allocated to Class IB 5.57 SSCRA Interest Shortfall Allocated to Class IIA-1 54.81 SSCRA Interest Shortfall Allocated to Class IIM-1 23.18 SSCRA Interest Shortfall Allocated to Class IIM-2 19.54 SSCRA Interest Shortfall Allocated to Class IIB 14.44 SSCRA Interest Shortfall Allocated to Class C 281.14

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-3 January 25 2005 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 176,260.72 Curtailments 18,113.68 Prepayments 2,677,770.71 Liquidations 454,503.49 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 216,940.03 Supplied by Grp 1 Interest Funds 216,940.03 Supplied by Group 2 Funds 0.00 Group 1 MR Interest Paid to R 2.22 Group 1 UR Interest Paid to R 0.00 Group 1 Interest Funds Remaining After Certificate Interest 227,044.53 Group 1 Prepayment Penalties 72,922.46 Group 1 Late Payment Charges 7,098.72 Sec 4.05(a)(ii) Group 1 Scheduled Interest 667,002.92 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 99,705,940.11 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 96,379,291.51 Sec 4.05(a)(vi) Group 1 Servicing Fee 42,084.22 Sec 4.05(a)(viii) Group 1 Net Mortgage Rate 7.52114106 % Sec 4.05(a)(ix) Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 171,298.28 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 34,831.74 Group 1 Nonrecoverable Interest Advances 1,948.85 Group 1 Nonrecoverable Principal Advances 120.43

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-3 January 25 2005 Sec 4.05(a)(x)&(xi) Current Group 1 Realized Loss 216,819.60 Cumulative Group 1 Realized Loss 1,125,104.67 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Sec. 4.05(a)(iii)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-3 January 25 2005 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Sec. 4.05(a)(xx) Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-3 January 25 2005 Sec. 4.05(a)(xxi) Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Sec. 4.05(a)(xxii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a) (xxiii) Current Period: Group 1 Number of Loans paid Prepayment Penalties 26 Group 1 Prepayment Penalties Received 72,922.46 Group 1 Number of Loans paid Late Payment Charges 157 Group 1 Late Payment Charges Received 7,098.72 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 819 Group 1 Prepayment Penalties Received 2,607,217.67 Group 1 Number of Loans paid Late Payment Charges 5,960 Group 1 Late Payment Charges Received 273,449.31 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 101,674.06 Curtailments 2,340.53 Prepayments 5,722,500.16 Liquidations 622,657.64 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 93,916.78 Supplied by Grp 2 Interest Funds 93,916.78 Supplied by Group 1 Funds 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-3 January 25 2005 Group 2 MR Interest Paid to R 5.06 Group 2 UR Interest Paid to R 0.00 Group 2 Interest Funds Remaining After Certificate Interest 535,127.60 Group 2 Prepayment Penalties 83,863.79 Group 2 Late Payment Charges 14,438.96 Sec 4.05(a)(ii) Group 2 Scheduled Interest 888,196.78 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 1,611.70 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 126,351,927.78 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 119,902,755.39 Sec 4.05(a)(vi) Group 2 Servicing Fee 53,331.04 Sec 4.05(a)(viii) Group 2 Net Mortgage Rate 7.92895610 % Sec 4.05(a)(ix) Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 433,331.65 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 46,640.40 Group 2 Nonrecoverable Interest Advances 940.66 Group 2 Nonrecoverable Principal Advances 71.55 Sec 4.05(a)(x)&(xi) Current Group 2 Realized Loss 93,845.23 Cumulative Group 2 Realized Loss 2,397,681.11 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 2 Trigger Event Exist? NO Sec. 4.05(a)(iii)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-3 January 25 2005 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Sec. 4.05(a)(xix), (xxv) and (xxvi) Interest Carryover Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-3 January 25 2005 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Sec. 4.05(a)(xx) Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xxi) Current Period: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec. 4.05(a)(xxii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a)(xxiii) Current Period: Group 2 Number of Loans paid Prepayment Penalties 23 Group 2 Prepayment Penalties Received 83,863.79 Group 2 Number of Loans paid Late Payment Charges 223 Group 2 Late Payment Charges Received 14,438.96 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 960 Group 2 Prepayment Penalties Received 4,511,027.31 Group 2 Number of Loans paid Late Payment Charges 10,115 Group 2 Late Payment Charges Received 615,906.44

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-3 January 25 2005 Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 24 1,278,146.54 1.33 % 2 Month 6 485,155.22 0.50 % 3 Month 17 1,091,673.27 1.13 % Total 47 2,854,975.03 2.96 % Group 2 Principal Category Number Balance Percentage 1 Month 44 4,374,026.86 3.65 % 2 Month 7 1,070,866.02 0.89 % 3 Month 26 3,036,450.95 2.53 % Total 77 8,481,343.83 7.07 % Group Totals Principal Category Number Balance Percentage 1 Month 68 5,652,173.40 2.61 % 2 Month 13 1,556,021.24 0.72 % 3 Month 43 4,128,124.22 1.91 % Total 124 11,336,318.86 5.24 % Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 1 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 29,571.27 Number of Foreclosure Loans that are 3+ Months Delinquent 20 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 2,141,553.22 Group 1 Total Number of Foreclosure Loans that are Delinquent 21 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 2,171,124.49

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-3 January 25 2005 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 6 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 536,222.68 Number of Foreclosure Loans that are 3+ Months Delinquent 50 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 5,927,607.90 Group 2 Total Number of Foreclosure Loans that are Delinquent 56 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 6,463,830.58 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 7 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 565,793.95 Number of Foreclosure Loans that are 3+ Months Delinquent 70 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 8,069,161.12 Total Number of Foreclosure Loans that are Delinquent 77 Total Principal Balance of Foreclosure Loans that are Delinquent 8,634,955.07 Sec. 4.05(a)(xiii)&(xiv) Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 04/01/2004 1095450140 grp1 57,035.88 11/10/2003 CE276513EE grp1 60,716.42 03/15/2003 CE291629EE grp1 102,119.26 12/01/2003 1094606866 grp2 71,350.54 10/01/2002 1094612280 grp2 345,832.12 01/01/2003 1094612596 grp2 213,507.10 03/01/2003 1094613850 grp2 156,811.38 10/01/2003 1094619121 grp2 77,024.75 09/01/2002 1094631105 grp2 35,000.00 09/01/2003 1095514989 grp2 48,709.77 03/01/2004 1095520019 grp2 169,012.67

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-3 January 25 2005 09/01/2003 1095522320 grp2 51,572.21 06/01/2004 1095525646 grp2 69,217.30 02/01/2004 1095527095 grp2 69,121.13 03/01/2004 1095530250 grp2 44,537.64 11/01/2003 1096343305 grp2 150,371.62 02/01/2004 1096358925 grp2 169,817.20 02/01/2004 1098102864 grp2 31,832.87 02/01/2003 1870102294 grp2 343,185.39 09/01/2003 CE240005EE grp2 41,337.72 Sec. 4.05(xv)&(xvi) Liquidated Loans Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1095523265 grp1 12/10/2004 0.00 0.00 176,651.49 1 CE213693EE grp1 12/03/2004 0.00 0.00 57,149.07 1 CE280609EE grp1 12/14/2004 0.00 0.00 87,616.57 1 CE291308EE grp1 12/08/2004 0.00 0.00 133,086.36 1 1094619278 grp2 12/31/2004 0.00 0.00 61,231.42 2 1096346700 grp2 12/17/2004 0.00 0.00 249,623.43 2 1096349265 grp2 12/10/2004 0.00 0.00 167,341.85 2 1096358517 grp2 12/20/2004 0.00 0.00 144,460.94 2

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 13 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-3 January 25 2005 Investor Request Details of Class C Ending Balance Class C Group I Certificate Principal Balance 1,050,003.00 Class C Group II Certificate Principal Balance 3,150,007.00 Class C Principal Balance 4,200,010.00 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 1,611.70 SSCRA Interest Shortfall Allocated to Class IA-1 0.00 SSCRA Interest Shortfall Allocated to Class IA-2 0.00 SSCRA Interest Shortfall Allocated to Class IA-3 19.62 SSCRA Interest Shortfall Allocated to Class IA-4 120.48 SSCRA Interest Shortfall Allocated to Class IA-5 131.58 SSCRA Interest Shortfall Allocated to Class IA-6 83.15 SSCRA Interest Shortfall Allocated to Class IM-1 34.29 SSCRA Interest Shortfall Allocated to Class IM-2 29.42 SSCRA Interest Shortfall Allocated to Class IB 19.08 SSCRA Interest Shortfall Allocated to Class IIA-1 179.81 SSCRA Interest Shortfall Allocated to Class IIM-1 61.38 SSCRA Interest Shortfall Allocated to Class IIM-2 52.26 SSCRA Interest Shortfall Allocated to Class IIB 35.03 SSCRA Interest Shortfall Allocated to Class C 845.62

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-4 January 25 2005 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 236,014.44 Curtailments 21,284.76 Prepayments 5,694,074.66 Liquidations 91,267.90 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 78,747.18 Supplied by Grp 1 Interest Funds 78,747.18 Supplied by Group 2 Funds 0.00 Group 1 MR Interest Paid to R 2.92 Group 1 UR Interest Paid to R 0.00 Group 1 Interest Funds Remaining After Certificate Interest 298,139.87 Group 1 Prepayment Penalties 121,570.42 Group 1 Late Payment Charges 10,618.87 Sec 4.05(a)(ii) Group 1 Scheduled Interest 882,558.87 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 646.42 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 137,751,518.83 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 131,708,877.07 Sec 4.05(a)(vi) Group 1 Servicing Fee 58,142.62 Sec 4.05(a)(viii) Group 1 Net Mortgage Rate 7.18176836 % Sec 4.05(a)(ix) Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 200,754.27 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 41,873.08 Group 1 Nonrecoverable Interest Advances 859.84 Group 1 Nonrecoverable Principal Advances 250.98

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-4 January 25 2005 Sec 4.05(a)(x)&(xi) Current Group 1 Realized Loss 78,496.20 Cumulative Group 1 Realized Loss 600,331.33 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Sec. 4.05(a)(iii)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-4 January 25 2005 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Sec. 4.05(a)(xx) Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xxi) Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-4 January 25 2005 Sec. 4.05(a)(xxii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a)(xxiii) Current Period: Group 1 Number of Loans paid Prepayment Penalties 34 Group 1 Prepayment Penalties Received 121,570.42 Group 1 Number of Loans paid Late Payment Charges 207 Group 1 Late Payment Charges Received 10,618.87 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 733 Group 1 Prepayment Penalties Received 2,746,919.11 Group 1 Number of Loans paid Late Payment Charges 6,277 Group 1 Late Payment Charges Received 301,773.92 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 56,298.34 Curtailments 6,333.30 Prepayments 8,663,785.45 Liquidations 414,545.79 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 207,895.61 Supplied by Grp 2 Interest Funds 207,895.61 Supplied by Group 1 Funds 0.00 Group 2 MR Interest Paid to R 4.71 Group 2 UR Interest Paid to R 0.00 Group 2 Interest Funds Remaining After Certificate Interest 500,529.06 Group 2 Prepayment Penalties 123,175.35 Group 2 Late Payment Charges 20,686.07

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-4 January 25 2005 Sec 4.05(a)(ii) Group 2 Scheduled Interest 866,575.48 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 347.07 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 128,635,303.89 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 119,494,341.01 Sec 4.05(a)(vi) Group 2 Servicing Fee 54,316.35 Sec 4.05(a)(viii) Group 2 Net Mortgage Rate 7.57732074 % Sec 4.05(a)(ix) Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 394,878.83 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 48,629.52 Group 2 Nonrecoverable Interest Advances 799.08 Group 2 Nonrecoverable Principal Advances 58.78 Sec 4.05(a)(x)&(xi) Current Group 2 Realized Loss 207,836.84 Cumulative Group 2 Realized Loss 1,803,847.56 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 2 Trigger Event Exist? NO Sec. 4.05(a)(iii)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-4 January 25 2005 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Sec. 4.05(a)(xix), (xxv) and (xxvi) Interest Carryover Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Sec. 4.05(a)(xx) Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-4 January 25 2005 Sec. 4.05(a)(xxi) Current Period: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec. 4.05(a)(xxii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a)(xxiii) Current Period: Group 2 Number of Loans paid Prepayment Penalties 32 Group 2 Prepayment Penalties Received 123,175.35 Group 2 Number of Loans paid Late Payment Charges 239 Group 2 Late Payment Charges Received 20,686.07 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 730 Group 2 Prepayment Penalties Received 3,415,670.85 Group 2 Number of Loans paid Late Payment Charges 8,237 Group 2 Late Payment Charges Received 509,574.79 Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 32 2,362,025.52 1.79 % 2 Month 7 808,173.57 0.61 % 3 Month 25 2,032,807.20 1.54 % Total 64 5,203,006.29 3.94 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-4 January 25 2005 Group 2 Principal Category Number Balance Percentage 1 Month 34 3,653,165.03 3.06 % 2 Month 6 758,900.89 0.64 % 3 Month 18 2,543,796.91 2.13 % Total 58 6,955,862.83 5.83 % Group Totals Principal Category Number Balance Percentage 1 Month 66 6,015,190.55 2.39 % 2 Month 13 1,567,074.46 0.62 % 3 Month 43 4,576,604.11 1.82 % Total 122 12,158,869.12 4.83 % Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 0 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 0.00 Number of Foreclosure Loans that are 3+ Months Delinquent 19 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 1,349,321.39 Group 1 Total Number of Foreclosure Loans that are Delinquent 19 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 1,349,321.39 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 4 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 817,562.21 Number of Foreclosure Loans that are 3+ Months Delinquent 42 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 4,551,480.92 Group 2 Total Number of Foreclosure Loans that are Delinquent 46 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 5,369,043.13

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-4 January 25 2005 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 4 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 817,562.21 Number of Foreclosure Loans that are 3+ Months Delinquent 61 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 5,900,802.31 Total Number of Foreclosure Loans that are Delinquent 65 Total Principal Balance of Foreclosure Loans that are Delinquent 6,718,364.52 Sec. 4.05(a)(xiii)&(xiv) Number and Aggregate Principal Amounts of REO Loans N/A REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 12/01/2002 1094642087 grp1 122,254.96 07/01/2003 1098110057 grp1 21,098.76 06/01/2004 1098112325 grp1 52,978.73 05/01/2004 CE293170EE grp1 80,757.61 01/01/2004 CE344452EE grp1 73,806.58 10/02/2002 CE351439EE grp1 24,685.65 09/05/2003 CE366781EE grp1 55,639.36 07/01/2003 CE376879EE grp1 49,632.59 05/01/2003 1094618796 grp2 50,976.15 01/01/2004 1094624482 grp2 57,311.88 10/01/2002 1094636506 grp2 159,450.00 08/01/2003 1094636834 grp2 87,448.22 09/01/2003 1094641266 grp2 37,259.95 01/01/2004 1094643148 grp2 57,263.69 05/01/2003 1095534454 grp2 181,158.02 04/01/2004 1095536686 grp2 75,757.79 12/01/2003 1095550304 grp2 140,038.58 03/01/2004 1096363437 grp2 181,796.10 09/01/2003 1096367880 grp2 146,846.40 10/01/2002 1098105104 grp2 236,165.53 12/01/2003 1870108949 grp2 79,234.19

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2002-4 January 25 2005 Sec. 4.05(xv)&(xvi) Liquidated Loans N/A Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP 1095535297 grp1 12/24/2004 0.00 0.00 46,069.01 1 CE341170EE grp1 12/08/2004 0.00 0.00 45,198.89 1 1094631580 grp2 12/17/2004 0.00 0.00 102,223.21 2 1095537929 grp2 12/30/2004 0.00 0.00 129,622.66 2 1096362718 grp2 12/24/2004 0.00 0.00 83,364.41 2 1096373420 grp2 12/16/2004 0.00 0.00 99,335.51 2 Investor Request Details of Class C Ending Balance Class C Group I Certificate Principal Balance 1,300,000.00 Class C Group II Certificate Principal Balance 3,150,000.00 Class C Principal Balance 4,450,000.00 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 993.49 SSCRA Interest Shortfall Allocated to Class IA-1 0.00 SSCRA Interest Shortfall Allocated to Class IA-2 0.00 SSCRA Interest Shortfall Allocated to Class IA-3 36.28 SSCRA Interest Shortfall Allocated to Class IA-4 82.20 SSCRA Interest Shortfall Allocated to Class IA-5 91.12 SSCRA Interest Shortfall Allocated to Class IA-6 54.59 SSCRA Interest Shortfall Allocated to Class IM-1 20.13 SSCRA Interest Shortfall Allocated to Class IM-2 18.24 SSCRA Interest Shortfall Allocated to Class IB 16.18 SSCRA Interest Shortfall Allocated to Class IIA-1 113.32 SSCRA Interest Shortfall Allocated to Class IIM-1 29.34 SSCRA Interest Shortfall Allocated to Class IIM-2 24.76 SSCRA Interest Shortfall Allocated to Class IIB 21.21 SSCRA Interest Shortfall Allocated to Class C 486.11

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-1 January 25 2005 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 311,902.68 Curtailments 21,846.31 Prepayments 7,365,162.54 Liquidations 366,319.51 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 115,384.20 Supplied by Grp 1 Interest Funds 115,384.20 Supplied by Group 2 Funds 0.00 Group 1 MR Interest Paid to R 4.20 Group 1 UR Interest Paid to R 0.00 Group 1 Interest Funds Remaining After Certificate Interest 430,036.37 Group 1 Prepayment Penalties 150,690.24 Group 1 Late Payment Charges 13,770.29 Sec 4.05(a)(ii) Group 1 Scheduled Interest 1,215,381.56 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 398.00 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 189,880,796.53 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 181,815,565.49 Sec 4.05(a)(vi) Group 1 Servicing Fee 80,145.52 Sec 4.05(a)(viii) Group 1 Net Mortgage Rate 7.17441296 % Sec 4.05(a)(ix) Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 315,312.30 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 70,433.58 Group 1 Nonrecoverable Interest Advances 1,018.45 Group 1 Nonrecoverable Principal Advances 137.17

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-1 January 25 2005 Sec 4.05(a)(x)&(xi) Current Group 1 Realized Loss 115,247.03 Cumulative Group 1 Realized Loss 863,237.92 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Sec. 4.05(a)(iii) (xviii) Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-1 January 25 2005 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Sec. 4.05(a)(xx) Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 1 Balance of Group 1 Loans Repurchased 144,749.83 Sec. 4.05(a)(xxi) Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-1 January 25 2005 Sec. 4.05(a)(xxii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a)(xxiii) Current Period: Group 1 Number of Loans paid Prepayment Penalties 43 Group 1 Prepayment Penalties Received 150,690.24 Group 1 Number of Loans paid Late Payment Charges 256 Group 1 Late Payment Charges Received 13,770.29 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 886 Group 1 Prepayment Penalties Received 3,298,130.99 Group 1 Number of Loans paid Late Payment Charges 7,630 Group 1 Late Payment Charges Received 389,715.77 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 170,719.40 Curtailments 142,473.46 Prepayments 15,150,429.46 Liquidations 283,807.02 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 148,932.44 Supplied by Grp 2 Interest Funds 148,932.44 Supplied by Group 1 Funds 0.00 Group 2 MR Interest Paid to R 7.18 Group 2 UR Interest Paid to R 0.00 Group 2 Interest Funds Remaining After Certificate Interest 762,027.17 Group 2 Prepayment Penalties 180,828.05 Group 2 Late Payment Charges 20,961.37

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-1 January 25 2005 Sec 4.05(a)(ii) Group 2 Scheduled Interest 1,334,017.43 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 198.19 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 201,655,883.15 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 185,908,453.81 Sec 4.05(a)(vi) Group 2 Servicing Fee 85,115.59 Sec 4.05(a)(viii) Group 2 Net Mortgage Rate 7.43187942 % Sec 4.05(a)(ix) Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 541,902.19 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 67,059.09 Group 2 Nonrecoverable Interest Advances 2,220.61 Group 2 Nonrecoverable Principal Advances 207.72 Sec 4.05(a)(x)&(xi) Current Group 2 Realized Loss 148,724.72 Cumulative Group 2 Realized Loss 1,186,873.23 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 2 Trigger Event Exist? NO Sec. 4.05(a)(iii)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-1 January 25 2005 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Sec. 4.05(a)(xix), Interest Carryover Amount with respect to such Distribution Date (xxv) and (xxvi) Class IIA-1 0.00 (xxv) and (xxvi) Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-1 January 25 2005 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Sec. 4.05(a)(xx) Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 1 Balance of Group 2 Loans Repurchased 79,890.05 Sec. 4.05(a)(xxi) Current Period: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec. 4.05(a)(xxii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a)(xxiii) Current Period: Group 2 Number of Loans paid Prepayment Penalties 42 Group 2 Prepayment Penalties Received 180,828.05 Group 2 Number of Loans paid Late Payment Charges 297 Group 2 Late Payment Charges Received 20,961.37 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 990 Group 2 Prepayment Penalties Received 4,539,634.03 Group 2 Number of Loans paid Late Payment Charges 10,479 Group 2 Late Payment Charges Received 637,913.16

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-1 January 25 2005 Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 31 2,707,095.10 1.49 % 2 Month 11 839,594.89 0.46 % 3 Month 15 1,243,311.07 0.68 % Total 57 4,790,001.06 2.63 % Group 2 Principal Category Number Balance Percentage 1 Month 46 5,559,824.84 2.99 % 2 Month 9 1,171,975.55 0.63 % 3 Month 27 3,756,401.63 2.02 % Total 82 10,488,202.02 5.64 % Group Totals Principal Category Number Balance Percentage 1 Month 77 8,266,919.94 2.25 % 2 Month 20 2,011,570.44 0.55 % 3 Month 42 4,999,712.70 1.36 % Total 139 15,278,203.08 4.16 % Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 43,502.48 Number of Foreclosure Loans that are 2 Months Delinquent 3 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 243,967.80 Number of Foreclosure Loans that are 3+ Months Delinquent 41 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 4,287,741.76 Group 1 Total Number of Foreclosure Loans that are Delinquent 45 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 4,575,212.04

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-1 January 25 2005 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 2 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 479,172.65 Number of Foreclosure Loans that are 2 Months Delinquent 4 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 668,391.65 Number of Foreclosure Loans that are 3+ Months Delinquent 65 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 7,653,434.28 Group 2 Total Number of Foreclosure Loans that are Delinquent 71 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 8,800,998.58 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 3 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 522,675.13 Number of Foreclosure Loans that are 2 Months Delinquent 7 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 912,359.45 Number of Foreclosure Loans that are 3+ Months Delinquent 106 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 11,941,176.04 Total Number of Foreclosure Loans that are Delinquent 116 Total Principal Balance of Foreclosure Loans that are Delinquent 13,376,210.62 Sec. 4.05(a)(xiii) & (xiv) Number and Aggregate Principal Amounts of REO Loans N/A REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 03/01/2004 1095569561 grp1 49,879.27 12/01/2003 1095577184 grp1 46,536.50 06/10/2003 CE463441EE grp1 63,785.82 03/10/2004 CE492048EE grp1 99,329.53 05/01/2003 CE529788EE grp1 330,556.89 11/20/2003 CE570738EE grp1 38,176.20 03/01/2003 1094632662 grp2 89,915.68 09/01/2003 1094650697 grp2 123,092.56 11/01/2003 1094654585 grp2 29,828.40 09/01/2003 1094658123 grp2 331,201.33 12/01/2003 1094660191 grp2 50,236.42 04/01/2003 1094664793 grp2 148,066.09

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-1 January 25 2005 11/01/2003 1094665355 grp2 59,074.17 11/01/2003 1094667270 grp2 191,055.48 12/01/2003 1095544447 grp2 97,488.45 02/01/2004 1095548834 grp2 271,377.28 06/01/2003 1095554440 grp2 56,573.25 10/01/2003 1095557653 grp2 26,111.66 11/01/2003 1095558554 grp2 111,691.36 02/01/2004 1095559783 grp2 229,068.81 05/01/2003 1098116280 grp2 107,682.73 06/01/2004 1870110758 grp2 137,870.67 Sec. 4.05(xv)&(xvi) Liquidated Loans N/A Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1094652411 grp1 12/21/2004 0.00 0.00 17,987.49 1 1094653447 grp1 12/24/2004 0.00 0.00 27,698.35 1 1095558226 grp1 12/28/2004 0.00 0.00 65,362.92 1 1095561184 grp1 12/24/2004 0.00 0.00 70,712.17 1 CE441705EE grp1 12/30/2004 0.00 0.00 19,301.19 1 CE502436EE grp1 12/20/2004 0.00 0.00 107,672.48 1 CE535015EE grp1 12/15/2004 0.00 0.00 57,584.91 1 1095541085 grp2 12/30/2004 0.00 0.00 25,001.20 2 1095570695 grp2 12/10/2004 0.00 0.00 89,336.85 2 1096383638 grp2 12/24/2004 0.00 0.00 102,482.42 2 CE514562EE grp2 12/31/2004 0.00 0.00 66,986.55 2

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 13 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-1 January 25 2005 Investor Request Details of Class C Ending Balance Class C Group I Certificate Principal Balance 1,870,000.00 Class C Group II Certificate Principal Balance 4,845,000.00 Class C Principal Balance 6,714,999.98 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 596.19 SSCRA Interest Shortfall Allocated to Class IA-1 0.00 SSCRA Interest Shortfall Allocated to Class IA-2 0.00 SSCRA Interest Shortfall Allocated to Class IA-3 25.96 SSCRA Interest Shortfall Allocated to Class IA-4 39.40 SSCRA Interest Shortfall Allocated to Class IA-5 50.09 SSCRA Interest Shortfall Allocated to Class IA-6 28.80 SSCRA Interest Shortfall Allocated to Class IM-1 11.66 SSCRA Interest Shortfall Allocated to Class IM-2 10.99 SSCRA Interest Shortfall Allocated to Class IB 9.14 SSCRA Interest Shortfall Allocated to Class IIA-1 0.00 SSCRA Interest Shortfall Allocated to Class IIA-2 76.33 SSCRA Interest Shortfall Allocated to Class IIM-1 16.54 SSCRA Interest Shortfall Allocated to Class IIM-2 17.10 SSCRA Interest Shortfall Allocated to Class IIB 11.20 SSCRA Interest Shortfall Allocated to Class C 298.98

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-2 Statement to Certificateholders January 25 2005 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 362,562.34 Curtailments 183,520.11 Prepayments 8,664,240.21 Liquidations 152,463.97 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 80,803.11 Supplied by Grp 1 Interest Funds 80,803.11 Supplied by Group 2 Funds 0.00 Group 1 MR Interest Paid to R 5.36 Group 1 UR Interest Paid to R 0.00 Group 1 Interest Funds Remaining After Certificate Interest 546,501.21 Group 1 Prepayment Penalties 206,653.92 Group 1 Late Payment Charges 17,337.98 Sec 4.05(a)(ii) Group 1 Scheduled Interest 1,453,790.75 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 24.69 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 231,973,494.27 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 222,610,707.64 Sec 4.05(a)(vi) Group 1 Servicing Fee 97,912.13 Sec 4.05(a)(viii) Group 1 Net Mortgage Rate 7.01396661 % Sec 4.05(a)(ix) Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 365,281.99 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 78,614.25 Group 1 Nonrecoverable Interest Advances 0.00 Group 1 Nonrecoverable Principal Advances 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-2 January 25 2005 Sec 4.05(a)(x)&(xi) Current Group 1 Realized Loss 80,803.11 Cumulative Group 1 Realized Loss 454,894.78 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Sec. 4.05(a)(iii)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-2 January 25 2005 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Sec. 4.05(a)(xx) Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xxi) Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-2 January 25 2005 Sec. 4.05(a)(xxii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a)(xxiii) Current Period: Group 1 Number of Loans paid Prepayment Penalties 54 Group 1 Prepayment Penalties Received 206,653.92 Group 1 Number of Loans paid Late Payment Charges 338 Group 1 Late Payment Charges Received 17,337.98 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 822 Group 1 Prepayment Penalties Received 3,148,755.59 Group 1 Number of Loans paid Late Payment Charges 6,944 Group 1 Late Payment Charges Received 355,682.04 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 218,514.21 Curtailments 21,951.87 Prepayments 13,292,419.52 Liquidations 347,625.75 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 162,024.99 Supplied by Grp 2 Interest Funds 162,024.99 Supplied by Group 1 Funds 0.00 Group 2 MR Interest Paid to R 8.33 Group 2 UR Interest Paid to R 0.00 Group 2 Interest Funds Remaining After Certificate Interest 871,557.68 Group 2 Prepayment Penalties 229,336.31 Group 2 Late Payment Charges 24,431.16

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-2 January 25 2005 Sec 4.05(a)(ii) Group 2 Scheduled Interest 1,564,807.93 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 247,407,128.53 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 233,526,617.18 Sec 4.05(a)(vi) Group 2 Servicing Fee 104,426.42 Sec 4.05(a)(viii) Group 2 Net Mortgage Rate 7.08329555 % Sec 4.05(a)(ix) Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 637,936.23 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 86,942.95 Group 2 Nonrecoverable Interest Advances 2,208.53 Group 2 Nonrecoverable Principal Advances 217.20 Sec 4.05(a)(x)&(xi) Current Group 2 Realized Loss 161,807.79 Cumulative Group 2 Realized Loss 1,425,065.48 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 2 Trigger Event Exist? NO Sec. 4.05(a)(iii)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-2 January 25 2005 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Sec. 4.05(a)(xix), Interest Carryover Amount with respect to such Distribution Date (xxv) and (xxvi) Class IIA-1 0.00 (xxv) and (xxvi) Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-2 January 25 2005 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Sec. 4.05(a)(xx) Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xxi) Current Period: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec. 4.05(a)(xxii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a)(xxiii) Current Period: Group 2 Number of Loans paid Prepayment Penalties 57 Group 2 Prepayment Penalties Received 229,336.31 Group 2 Number of Loans paid Late Payment Charges 384 Group 2 Late Payment Charges Received 24,431.16 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 927 Group 2 Prepayment Penalties Received 4,128,756.25 Group 2 Number of Loans paid Late Payment Charges 9,936 Group 2 Late Payment Charges Received 594,082.76

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-2 January 25 2005 Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 30 3,439,931.98 1.55 % 2 Month 13 1,484,987.96 0.67 % 3 Month 10 912,000.90 0.41 % Total 53 5,836,920.84 2.63 % Group 2 Principal Category Number Balance Percentage 1 Month 48 6,578,251.69 2.82 % 2 Month 14 1,473,238.97 0.63 % 3 Month 18 2,297,774.60 0.98 % Total 80 10,349,265.26 4.43 % Group Totals Principal Category Number Balance Percentage 1 Month 78 10,018,183.67 2.20 % 2 Month 27 2,958,226.93 0.65 % 3 Month 28 3,209,775.50 0.70 % Total 133 16,186,186.10 3.55 % Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 1 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 67,700.79 Number of Foreclosure Loans that are 3+ Months Delinquent 16 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 2,220,117.13 Group 1 Total Number of Foreclosure Loans that are Delinquent 17 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 2,287,817.92

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-2 January 25 2005 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 9 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 805,023.88 Number of Foreclosure Loans that are 3+ Months Delinquent 41 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 4,575,573.72 Group 2 Total Number of Foreclosure Loans that are Delinquent 50 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 5,380,597.60 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 10 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 872,724.67 Number of Foreclosure Loans that are 3+ Months Delinquent 57 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 6,795,690.85 Total Number of Foreclosure Loans that are Delinquent 67 Total Principal Balance of Foreclosure Loans that are Delinquent 7,668,415.52 Sec. 4.05(a)(xiii) & (xiv) Number and Aggregate Principal Amounts of REO Loans 0.00 REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 11/01/2003 1094674072 grp1 107,268.37 06/01/2004 1095587290 grp1 54,478.40 09/01/2003 1095589230 grp1 45,711.02 01/01/2004 1095603874 grp1 38,046.10 09/01/2003 CC415014EE grp1 80,165.74 12/01/2003 1094675279 grp2 51,596.67 03/01/2003 1094675734 grp2 19,980.25 04/01/2003 1094678062 grp2 57,566.86 08/01/2003 1094686796 grp2 33,892.02 08/01/2003 1095571202 grp2 321,985.32 12/01/2003 1095580892 grp2 44,718.55 11/01/2003 1095587960 grp2 47,108.75 12/01/2003 1095590149 grp2 48,752.29 07/01/2003 1098121494 grp2 214,469.90

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-2 January 25 2005 10/01/2003 1098131895 grp2 232,848.85 08/15/2003 CE737259EE grp2 55,637.13 Liquidated Loans 0.00 Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1095600537 grp1 12/24/2004 0.00 0.00 51,216.19 1 CE513573EE grp1 12/07/2004 0.00 0.00 44,970.10 1 CE541225EE grp1 12/24/2004 0.00 0.00 56,277.68 1 1094659272 grp2 12/09/2004 0.00 0.00 51,837.30 2 1094679779 grp2 12/24/2004 0.00 0.00 127,936.33 2 1094690964 grp2 12/31/2004 0.00 0.00 39,439.21 2 CE657179EE grp2 12/20/2004 0.00 0.00 128,412.91 2 Investor Request Details of Class C Ending Balance Class C Group I Certificate Principal Balance 1,850,000.00 Class C Group II Certificate Principal Balance 3,445,000.00 Class C Principal Balance 5,294,999.99 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 24.69 SSCRA Interest Shortfall Allocated to Class IA-1 0.00 SSCRA Interest Shortfall Allocated to Class IA-2 0.05 SSCRA Interest Shortfall Allocated to Class IA-3 1.64 SSCRA Interest Shortfall Allocated to Class IA-4 1.62 SSCRA Interest Shortfall Allocated to Class IA-5 2.23 SSCRA Interest Shortfall Allocated to Class IA-6 1.25 SSCRA Interest Shortfall Allocated to Class IM-1 0.54 SSCRA Interest Shortfall Allocated to Class IM-2 0.44 SSCRA Interest Shortfall Allocated to Class IB 0.49 SSCRA Interest Shortfall Allocated to Class IIA-1 0.00 SSCRA Interest Shortfall Allocated to Class IIA-2 0.00 SSCRA Interest Shortfall Allocated to Class IIM-1 0.68 SSCRA Interest Shortfall Allocated to Class IIM-2 0.66 SSCRA Interest Shortfall Allocated to Class IIB 0.62 SSCRA Interest Shortfall Allocated to Class C 14.47

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-3 January 25 2005 Group 1 Principal Funds Scheduled Principal 428,731.60 Curtailments 31,839.29 Prepayments 11,740,970.88 Liquidations 219,146.35 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 363.61 Supplied by Grp 1 Interest Funds 363.61 Supplied by Group 2 Funds 0.00 Group 1 MR Interest Paid to R 7.30 Group 1 UR Interest Paid to R 0.00 Group 1 Interest Funds Remaining After Certificate Interest 745,929.84 Group 1 Prepayment Penalties 269,210.82 Group 1 Late Payment Charges 25,345.26 Group 1 Scheduled Interest 1,651,979.98 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Group 1 Beginning Pool Stated Principal Balance 278,969,981.15 Group 1 Ending Pool Stated Principal Balance 266,549,293.03 Group 1 Servicing Fee 117,748.57 Group 1 Net Mortgage Rate 6.59955485 % Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 408,467.48 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 92,352.56 Group 1 Nonrecoverable Interest Advances 900.01 Group 1 Nonrecoverable Principal Advances 222.52

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-3 January 25 2005 Current Group 1 Realized Loss 141.09 Cumulative Group 1 Realized Loss 232,574.17 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-3 January 25 2005 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-3 January 25 2005 Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Current Period: Group 1 Number of Loans paid Prepayment Penalties 60 Group 1 Prepayment Penalties Received 269,210.82 Group 1 Number of Loans paid Late Payment Charges 362 Group 1 Late Payment Charges Received 25,345.26 Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 652 Group 1 Prepayment Penalties Received 2,444,241.01 Group 1 Number of Loans paid Late Payment Charges 6,437 Group 1 Late Payment Charges Received 338,356.28

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-3 January 25 2005 Current Group 2 Realized Loss 107,922.06 Cumulative Group 2 Realized Loss 557,016.53 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Does a Group 2 Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-3 January 25 2005 Interest Carryover Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-3 January 25 2005 Since the Cut-off Date: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 101,409.23 Current Period: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Current Period: Group 2 Number of Loans paid Prepayment Penalties 32 Group 2 Prepayment Penalties Received 153,584.19 Group 2 Number of Loans paid Late Payment Charges 255 Group 2 Late Payment Charges Received 15,478.81 Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 511 Group 2 Prepayment Penalties Received 2,468,909.21 Group 2 Number of Loans paid Late Payment Charges 5,493 Group 2 Late Payment Charges Received 333,279.14

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-3 January 25 2005 Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 35 3,555,353.31 1.33 % 2 Month 3 262,905.02 0.10 % 3 Month 8 1,127,337.11 0.42 % Total 46 4,945,595.44 1.85 % Group 2 Principal Category Number Balance Percentage 1 Month 23 3,055,931.78 1.87 % 2 Month 11 1,689,497.47 1.03 % 3 Month 9 994,062.68 0.61 % Total 43 5,739,491.93 3.51 % Group Totals Principal Category Number Balance Percentage 1 Month 58 6,611,285.09 1.54 % 2 Month 14 1,952,402.49 0.45 % 3 Month 17 2,121,399.79 0.49 % Total 89 10,685,087.37 2.48 % Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 96,552.29 Number of Foreclosure Loans that are 2 Months Delinquent 1 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 115,692.10 Number of Foreclosure Loans that are 3+ Months Delinquent 21 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 2,264,552.90 Group 1 Total Number of Foreclosure Loans that are Delinquent 23 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 2,476,797.29

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-3 January 25 2005 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 2 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 207,584.98 Number of Foreclosure Loans that are 3+ Months Delinquent 32 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 4,171,180.72 Group 2 Total Number of Foreclosure Loans that are Delinquent 34 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 4,378,765.70 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 96,552.29 Number of Foreclosure Loans that are 2 Months Delinquent 3 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 323,277.08 Number of Foreclosure Loans that are 3+ Months Delinquent 53 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 6,435,733.62 Total Number of Foreclosure Loans that are Delinquent 57 Total Principal Balance of Foreclosure Loans that are Delinquent 6,855,562.99 Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 01/01/2004 1095598424 grp1 68,433.50 02/01/2004 1095607478 grp1 116,961.70 05/01/2004 1095616560 grp1 28,795.71 06/20/2003 CE738912EE grp1 34,649.82 11/01/2003 1094687290 grp2 67,426.96 05/01/2003 1094688907 grp2 119,639.56 08/01/2003 1094714993 grp2 250,537.44 03/01/2004 1095605304 grp2 84,168.69 07/01/2004 1095607161 grp2 17,896.73 04/01/2004 1096410592 grp2 71,224.21 03/01/2004 CE673264EE grp2 42,389.80

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 13 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-3 January 25 2005 Liquidated Loans Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # CE792368EE grp1 12/15/2004 0.00 0.00 219,146.35 1 1098127184 grp2 12/28/2004 0.00 0.00 251,245.43 2 1098130043 grp2 12/30/2004 0.00 0.00 19,726.76 2 Investor Request Details of Class C Ending Balance Class C Group I Certificate Principal Balance 3,000,000.00 Class C Group II Certificate Principal Balance 2,720,000.00 Class C Principal Balance 5,719,999.99 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 147.74 SSCRA Interest Shortfall Allocated to Class IA-1 0.00 SSCRA Interest Shortfall Allocated to Class IA-2 2.98 SSCRA Interest Shortfall Allocated to Class IA-3 7.48 SSCRA Interest Shortfall Allocated to Class IA-4 9.64 SSCRA Interest Shortfall Allocated to Class IA-5 11.72 SSCRA Interest Shortfall Allocated to Class IA-6 6.64 SSCRA Interest Shortfall Allocated to Class IM-1 2.88 SSCRA Interest Shortfall Allocated to Class IM-2 2.38 SSCRA Interest Shortfall Allocated to Class IB 2.40 SSCRA Interest Shortfall Allocated to Class IIA-1 0.00 SSCRA Interest Shortfall Allocated to Class IIA-2 16.51 SSCRA Interest Shortfall Allocated to Class IIM-1 2.54 SSCRA Interest Shortfall Allocated to Class IIM-2 2.34 SSCRA Interest Shortfall Allocated to Class IIB 2.13 SSCRA Interest Shortfall Allocated to Class C 78.09

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 CHASE FUNDING MORTGAGE LOAN ASSET-BACKED CERTIFICATES, SERIES 2003-4 January 25 2005 Group 1 Principal Funds Scheduled Principal 812,707.35 Curtailments 73,079.79 Prepayments 15,835,405.33 Liquidations 436,467.20 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 204,611.48 Supplied by Grp 1 Interest Funds 204,611.48 Supplied by Group 2 Funds 0.00 Group 1 MR Interest Paid to R 10.21 Group 1 UR Interest Paid to R 0.00 Group 1 Interest Funds Remaining After Certificate Interest 1,054,544.03 Group 1 Prepayment Penalties 312,615.06 Group 1 Late Payment Charges 28,571.28 Group 1 Scheduled Interest 2,969,472.92 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 366.33 Group 1 Beginning Pool Stated Principal Balance 530,348,368.18 Group 1 Ending Pool Stated Principal Balance 513,190,708.51 Group 1 Servicing Fee 223,851.22 Group 1 Net Mortgage Rate 6.21241855 % Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 593,768.00 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 150,828.45 Group 1 Nonrecoverable Interest Advances 0.00 Group 1 Nonrecoverable Principal Advances 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 CHASE FUNDING MORTGAGE LOAN ASSET-BACKED CERTIFICATES, SERIES 2003-4 January 25 2005 Current Group 1 Realized Loss 204,611.48 Cumulative Group 1 Realized Loss 381,928.28 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 CHASE FUNDING MORTGAGE LOAN ASSET-BACKED CERTIFICATES, SERIES 2003-4 January 25 2005 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 CHASE FUNDING MORTGAGE LOAN ASSET-BACKED CERTIFICATES, SERIES 2003-4 January 25 2005 Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Current Period: Group 1 Number of Loans paid Prepayment Penalties 80 Group 1 Prepayment Penalties Received 312,615.06 Group 1 Number of Loans paid Late Payment Charges 535 Group 1 Late Payment Charges Received 28,571.28 Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 902 Group 1 Prepayment Penalties Received 3,636,758.40 Group 1 Number of Loans paid Late Payment Charges 9,160 Group 1 Late Payment Charges Received 470,461.38 Group 2 Principal Funds Scheduled Principal 211,743.57 Curtailments 11,595.82 Prepayments 9,098,999.51 Liquidations 211,416.62 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 24,964.78 Supplied by Grp 2 Interest Funds 24,964.78 Supplied by Group 1 Funds 0.00 Group 2 MR Interest Paid to R 6.96 Group 2 UR Interest Paid to R 0.00 Group 2 Interest Funds Remaining After Certificate Interest 738,716.68 Group 2 Prepayment Penalties 156,065.52 Group 2 Late Payment Charges 18,630.61

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 CHASE FUNDING MORTGAGE LOAN ASSET-BACKED CERTIFICATES, SERIES 2003-4 January 25 2005 Group 2 Scheduled Interest 1,358,590.87 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 122.79 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 227,397,344.52 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 217,863,589.00 Group 2 Servicing Fee 95,980.62 Group 2 Net Mortgage Rate 6.66292873 % Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 537,643.20 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 79,178.61 Group 2 Nonrecoverable Interest Advances 435.34 Group 2 Nonrecoverable Principal Advances 43.63 Current Group 2 Realized Loss 24,921.15 Cumulative Group 2 Realized Loss 548,127.87 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Does a Group 2 Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 CHASE FUNDING MORTGAGE LOAN ASSET-BACKED CERTIFICATES, SERIES 2003-4 January 25 2005 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 CHASE FUNDING MORTGAGE LOAN ASSET-BACKED CERTIFICATES, SERIES 2003-4 January 25 2005 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Current Period: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Current Period: Group 2 Number of Loans paid Prepayment Penalties 39 Group 2 Prepayment Penalties Received 156,065.52 Group 2 Number of Loans paid Late Payment Charges 296 Group 2 Late Payment Charges Received 18,630.61 Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 505 Group 2 Prepayment Penalties Received 2,297,620.56 Group 2 Number of Loans paid Late Payment Charges 5,972 Group 2 Late Payment Charges Received 354,273.63

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 CHASE FUNDING MORTGAGE LOAN ASSET-BACKED CERTIFICATES, SERIES 2003-4 January 25 2005 Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 44 4,953,592.31 0.97 % 2 Month 11 1,051,372.94 0.20 % 3 Month 13 1,547,540.17 0.30 % Total 68 7,552,505.42 1.47 % Group 2 Principal Category Number Balance Percentage 1 Month 41 4,708,862.39 2.16 % 2 Month 12 1,154,961.12 0.53 % 3 Month 15 2,190,351.45 1.01 % Total 68 8,054,174.96 3.70 % Group Totals Principal Category Number Balance Percentage 1 Month 85 9,662,454.70 1.32 % 2 Month 23 2,206,334.06 0.30 % 3 Month 28 3,737,891.62 0.51 % Total 136 15,606,680.38 2.13 % Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 2 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 254,700.41 Number of Foreclosure Loans that are 3+ Months Delinquent 26 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 2,500,709.04 Group 1 Total Number of Foreclosure Loans that are Delinquent 28 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 2,755,409.45

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 CHASE FUNDING MORTGAGE LOAN ASSET-BACKED CERTIFICATES, SERIES 2003-4 January 25 2005 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 2 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 195,337.37 Number of Foreclosure Loans that are 2 Months Delinquent 8 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 989,398.21 Number of Foreclosure Loans that are 3+ Months Delinquent 28 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 3,327,574.47 Group 2 Total Number of Foreclosure Loans that are Delinquent 38 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 4,512,310.05 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 2 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 195,337.37 Number of Foreclosure Loans that are 2 Months Delinquent 10 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 1,244,098.62 Number of Foreclosure Loans that are 3+ Months Delinquent 54 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 5,828,283.51 Total Number of Foreclosure Loans that are Delinquent 66 Total Principal Balance of Foreclosure Loans that are Delinquent 7,267,719.50 Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 02/01/2004 15653033 grp1 161,680.92 02/20/2004 15678139 grp1 75,069.11 02/01/2004 15869027 grp1 150,397.52 09/01/2003 15966708 grp1 62,782.52 03/01/2004 15966781 grp1 196,575.79 03/01/2004 15241045 grp2 57,189.42 06/15/2004 15676604 grp2 62,580.41 12/01/2003 15908486 grp2 64,796.26 07/01/2003 15983026 grp2 121,467.61 03/01/2004 15983331 grp2 149,936.01 02/01/2004 16132862 grp2 44,828.53

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 CHASE FUNDING MORTGAGE LOAN ASSET-BACKED CERTIFICATES, SERIES 2003-4 January 25 2005 Liquidated Loans Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 15661119 grp1 12/17/2004 0.00 0.00 83,537.45 1 15663925 grp1 12/30/2004 0.00 0.00 57,876.49 1 15667108 grp1 12/14/2004 0.00 0.00 78,114.43 1 15670888 grp1 12/09/2004 0.00 0.00 114,094.10 1 15963077 grp1 12/16/2004 0.00 0.00 102,844.73 1 15875545 grp2 12/31/2004 0.00 0.00 90,332.59 2 15997174 grp2 12/13/2004 0.00 0.00 121,084.03 2 Investor Request Details of Class C Ending Balance Class C Group I Certificate Principal Balance 6,412,572.00 Class C Group II Certificate Principal Balance 4,600,000.00 Class C Principal Balance 11,012,572.00 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 489.12 SSCRA Interest Shortfall Allocated to Class IA-1 3.68 SSCRA Interest Shortfall Allocated to Class IA-2 18.25 SSCRA Interest Shortfall Allocated to Class IA-3 37.31 SSCRA Interest Shortfall Allocated to Class IA-4 45.82 SSCRA Interest Shortfall Allocated to Class IA-5 55.83 SSCRA Interest Shortfall Allocated to Class IA-6 32.42 SSCRA Interest Shortfall Allocated to Class IM-1 13.40 SSCRA Interest Shortfall Allocated to Class IM-2 10.95 SSCRA Interest Shortfall Allocated to Class IB 10.82 SSCRA Interest Shortfall Allocated to Class IIA-1 0.00 SSCRA Interest Shortfall Allocated to Class IIA-2 0.00 SSCRA Interest Shortfall Allocated to Class IIM-1 7.03 SSCRA Interest Shortfall Allocated to Class IIM-2 5.91 SSCRA Interest Shortfall Allocated to Class IIB 5.31 SSCRA Interest Shortfall Allocated to Class C 242.40

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-5 January 25 2005 Group 1 Principal Funds Scheduled Principal 911,299.16 Curtailments 95,116.91 Prepayments 15,941,666.50 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 865.00 Supplied by Grp 1 Interest Funds 865.00 Supplied by Group 2 Funds 0.00 Group 1 MR Interest Paid to R 9.95 Group 1 UR Interest Paid to R 0.00 Group 1 Interest Funds Remaining After Certificate Interest 1,055,726.41 Group 1 Prepayment Penalties 335,480.55 Group 1 Late Payment Charges 32,299.48 Group 1 Scheduled Interest 3,261,900.08 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 321.94 Group 1 Beginning Pool Stated Principal Balance 602,938,855.24 Group 1 Ending Pool Stated Principal Balance 585,990,772.67 Group 1 Servicing Fee 254,490.43 Group 1 Net Mortgage Rate 5.98550176 % Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 631,992.53 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 164,466.42 Group 1 Nonrecoverable Interest Advances 0.00 Group 1 Nonrecoverable Principal Advances 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-5 January 25 2005 Current Group 1 Realized Loss 865.00 Cumulative Group 1 Realized Loss 91,408.27 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-5 January 25 2005 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-5 January 25 2005 Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Current Period: Group 1 Number of Loans paid Prepayment Penalties 80 Group 1 Prepayment Penalties Received 335,480.55 Group 1 Number of Loans paid Late Payment Charges 553 Group 1 Late Payment Charges Received 32,299.48 Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 651 Group 1 Prepayment Penalties Received 2,664,159.44 Group 1 Number of Loans paid Late Payment Charges 7,626 Group 1 Late Payment Charges Received 406,118.22 Group 2 Principal Funds Scheduled Principal 196,594.07 Curtailments 74,323.04 Prepayments 7,734,553.41 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 3,702.54 Supplied by Grp 2 Interest Funds 3,702.54 Supplied by Group 1 Funds 0.00 Group 2 MR Interest Paid to R 6.38 Group 2 UR Interest Paid to R 0.00 Group 2 Interest Funds Remaining After Certificate Interest 683,501.35 Group 2 Prepayment Penalties 69,448.97 Group 2 Late Payment Charges 16,020.68

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-5 January 25 2005 Group 2 Scheduled Interest 1,256,352.58 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 211,422,767.39 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 203,417,296.87 Group 2 Servicing Fee 89,238.02 Group 2 Net Mortgage Rate 6.62434557 % Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 475,876.36 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 69,763.55 Group 2 Nonrecoverable Interest Advances 0.00 Group 2 Nonrecoverable Principal Advances 0.00 Current Group 2 Realized Loss 3,702.54 Cumulative Group 2 Realized Loss 155,609.15 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Does a Group 2 Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-5 January 25 2005 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-5 January 25 2005 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Current Period: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Current Period: Group 2 Number of Loans paid Prepayment Penalties 22 Group 2 Prepayment Penalties Received 69,448.97 Group 2 Number of Loans paid Late Payment Charges 274 Group 2 Late Payment Charges Received 16,020.68 Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 439 Group 2 Prepayment Penalties Received 1,904,478.11 Group 2 Number of Loans paid Late Payment Charges 4,856 Group 2 Late Payment Charges Received 280,693.44

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-5 January 25 2005 Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 46 4,927,406.05 0.84 % 2 Month 11 1,054,664.67 0.18 % 3 Month 8 1,351,241.96 0.23 % Total 65 7,333,312.68 1.25 % Group 2 Principal Category Number Balance Percentage 1 Month 33 4,203,574.32 2.07 % 2 Month 8 1,219,549.26 0.60 % 3 Month 11 1,414,435.29 0.70 % Total 52 6,837,558.87 3.37 % Group Totals Principal Category Number Balance Percentage 1 Month 79 9,130,980.37 1.16 % 2 Month 19 2,274,213.93 0.29 % 3 Month 19 2,765,677.25 0.35 % Total 117 14,170,871.55 1.80 % Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 3 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 231,684.53 Number of Foreclosure Loans that are 3+ Months Delinquent 34 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 2,939,123.50 Group 1 Total Number of Foreclosure Loans that are Delinquent 37 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 3,170,808.03

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-5 January 25 2005 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 107,609.83 Number of Foreclosure Loans that are 2 Months Delinquent 4 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 627,508.55 Number of Foreclosure Loans that are 3+ Months Delinquent 20 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 2,438,904.19 Group 2 Total Number of Foreclosure Loans that are Delinquent 25 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 3,174,022.57 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 107,609.83 Number of Foreclosure Loans that are 2 Months Delinquent 7 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 859,193.08 Number of Foreclosure Loans that are 3+ Months Delinquent 54 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 5,378,027.69 Total Number of Foreclosure Loans that are Delinquent 62 Total Principal Balance of Foreclosure Loans that are Delinquent 6,344,830.60 Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 04/10/2004 15686587 grp1 38,714.22 11/01/2003 15695075 grp1 39,794.34 04/01/2004 16142614 grp1 52,526.28 06/01/2004 16287823 grp1 77,099.75 01/01/2004 16376907 grp1 93,854.04 11/01/2003 16153207 grp2 169,449.37 08/01/2003 16156713 grp2 97,600.00 03/01/2004 16236119 grp2 63,743.22 05/01/2004 16265662 grp2 30,643.93 11/01/2003 16420671 grp2 134,813.59

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-5 January 25 2005 Liquidated Loans Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # Investor Request Details of Class C Ending Balance Class C Group I Certificate Principal Balance 11,100,000.00 Class C Group II Certificate Principal Balance 5,220,000.00 Class C Principal Balance 16,320,000.00 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 321.94 SSCRA Interest Shortfall Allocated to Class IA-1 12.39 SSCRA Interest Shortfall Allocated to Class IA-2 12.67 SSCRA Interest Shortfall Allocated to Class IA-3 28.20 SSCRA Interest Shortfall Allocated to Class IA-4 30.92 SSCRA Interest Shortfall Allocated to Class IA-5 38.10 SSCRA Interest Shortfall Allocated to Class IA-6 21.85 SSCRA Interest Shortfall Allocated to Class IM-1 8.80 SSCRA Interest Shortfall Allocated to Class IM-2 5.88 SSCRA Interest Shortfall Allocated to Class IB 6.10 SSCRA Interest Shortfall Allocated to Class IIA-1 0.00 SSCRA Interest Shortfall Allocated to Class IIA-2 0.00 SSCRA Interest Shortfall Allocated to Class IIM-1 3.88 SSCRA Interest Shortfall Allocated to Class IIM-2 3.15 SSCRA Interest Shortfall Allocated to Class IIB 3.05 SSCRA Interest Shortfall Allocated to Class C 146.97

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-6 January 25 2005 Group 1 Principal Funds Scheduled Principal 1,170,082.59 Curtailments 418,658.18 Prepayments 21,371,336.00 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 0.00 Supplied by Grp 1 Interest Funds 0.00 Supplied by Group 2 Funds 0.00 Group 1 MR Interest Paid to R 17.64 Group 1 UR Interest Paid to R 0.00 Group 1 Interest Funds Remaining After Certificate Interest 1,382,889.36 Group 1 Prepayment Penalties 461,706.67 Group 1 Late Payment Charges 34,542.73 Group 1 Scheduled Interest 4,462,239.02 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Group 1 Beginning Pool Stated Principal Balance 832,443,901.26 Group 1 Ending Pool Stated Principal Balance 809,483,824.49 Group 1 Servicing Fee 351,360.69 Group 1 Net Mortgage Rate 5.92598971 % Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 722,715.52 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 175,656.88 Group 1 Nonrecoverable Interest Advances 0.00 Group 1 Nonrecoverable Principal Advances 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-6 January 25 2005 Current Group 1 Realized Loss 0.00 Cumulative Group 1 Realized Loss 110,782.08 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-6 January 25 2005 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-6 January 25 2005 Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Current Period: Group 1 Number of Loans paid Prepayment Penalties 113 Group 1 Prepayment Penalties Received 461,706.67 Group 1 Number of Loans paid Late Payment Charges 615 Group 1 Late Payment Charges Received 34,542.73 Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 648 Group 1 Prepayment Penalties Received 2,655,075.23 Group 1 Number of Loans paid Late Payment Charges 6,780 Group 1 Late Payment Charges Received 360,364.35 Group 2 Principal Funds Scheduled Principal 278,288.69 Curtailments 16,028.46 Prepayments 14,911,069.76 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 4,093.08 Supplied by Grp 2 Interest Funds 4,093.08 Supplied by Group 1 Funds 0.00 Group 2 MR Interest Paid to R 9.54 Group 2 UR Interest Paid to R 0.00 Group 2 Interest Funds Remaining After Certificate Interest 1,000,158.26 Group 2 Prepayment Penalties 175,819.72 Group 2 Late Payment Charges 22,555.46

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-6 January 25 2005 Group 2 Scheduled Interest 1,816,234.36 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 448.84 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 304,927,588.50 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 289,722,201.59 Group 2 Servicing Fee 128,704.86 Group 2 Net Mortgage Rate 6.64103701 % Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 654,739.37 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 93,479.40 Group 2 Nonrecoverable Interest Advances 0.00 Group 2 Nonrecoverable Principal Advances 0.00 Current Group 2 Realized Loss 4,093.08 Cumulative Group 2 Realized Loss 148,076.70 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Does a Group 2 Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-6 January 25 2005 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-6 January 25 2005 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Current Period: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Current Period: Group 2 Number of Loans paid Prepayment Penalties 41 Group 2 Prepayment Penalties Received 175,819.72 Group 2 Number of Loans paid Late Payment Charges 398 Group 2 Late Payment Charges Received 22,555.46 Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 381 Group 2 Prepayment Penalties Received 1,716,837.69 Group 2 Number of Loans paid Late Payment Charges 4,878 Group 2 Late Payment Charges Received 271,736.66

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-6 January 25 2005 Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 25 2,635,425.77 0.33 % 2 Month 11 1,303,092.89 0.16 % 3 Month 5 305,782.10 0.04 % Total 41 4,244,300.76 0.53 % Group 2 Principal Category Number Balance Percentage 1 Month 37 5,096,790.94 1.76 % 2 Month 8 1,372,744.68 0.47 % 3 Month 12 1,700,518.92 0.59 % Total 57 8,170,054.54 2.82 % Group Totals Principal Category Number Balance Percentage 1 Month 62 7,732,216.71 0.70 % 2 Month 19 2,675,837.57 0.24 % 3 Month 17 2,006,301.02 0.18 % Total 98 12,414,355.30 1.12 % Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 3 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 330,070.75 Number of Foreclosure Loans that are 3+ Months Delinquent 22 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 2,026,136.92 Group 1 Total Number of Foreclosure Loans that are Delinquent 25 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 2,356,207.67

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-6 January 25 2005 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 137,542.02 Number of Foreclosure Loans that are 2 Months Delinquent 6 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 909,425.50 Number of Foreclosure Loans that are 3+ Months Delinquent 23 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 3,045,218.36 Group 2 Total Number of Foreclosure Loans that are Delinquent 30 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 4,092,185.88 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 137,542.02 Number of Foreclosure Loans that are 2 Months Delinquent 9 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 1,239,496.25 Number of Foreclosure Loans that are 3+ Months Delinquent 45 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 5,071,355.28 Total Number of Foreclosure Loans that are Delinquent 55 Total Principal Balance of Foreclosure Loans that are Delinquent 6,448,393.55 Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BECOME LOAN PRINCIPAL REO NUMBER BALANCE 03/01/2004 1095688990 grp1 55,137.08 03/05/2004 CE111652GG grp1 38,854.22 03/01/2004 1095678046 grp2 144,398.63 11/01/2003 1095684978 grp2 343,000.00 12/01/2003 1098159748 grp2 170,899.04 12/20/2003 CE204329GG grp2 70,420.66

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2003-6 January 25 2005 Liquidated Loans Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # Investor Request Details of Class C Ending Balance Class C Group I Certificate Principal Balance 13,440,000.00 Class C Group II Certificate Principal Balance 4,180,000.00 Class C Principal Balance 17,620,000.00 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 448.84 SSCRA Interest Shortfall Allocated to Class IA-1 21.19 SSCRA Interest Shortfall Allocated to Class IA-2 15.31 SSCRA Interest Shortfall Allocated to Class IA-3 32.88 SSCRA Interest Shortfall Allocated to Class IA-4 34.40 SSCRA Interest Shortfall Allocated to Class IA-5 38.90 SSCRA Interest Shortfall Allocated to Class IA-6 23.59 SSCRA Interest Shortfall Allocated to Class IA-7 38.84 SSCRA Interest Shortfall Allocated to Class IM-1 10.37 SSCRA Interest Shortfall Allocated to Class IM-2 8.31 SSCRA Interest Shortfall Allocated to Class IB 8.21 SSCRA Interest Shortfall Allocated to Class IIA-1 2.01 SSCRA Interest Shortfall Allocated to Class IIA-2 0.00 SSCRA Interest Shortfall Allocated to Class IIM-1 4.66 SSCRA Interest Shortfall Allocated to Class IIM-2 3.98 SSCRA Interest Shortfall Allocated to Class IIB 3.52 SSCRA Interest Shortfall Allocated to Class C 202.67

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortage Loan Asset-Backed Certificates, Series 2004-1 January 25 2005 Group 1 Principal Funds Scheduled Principal 547,869.62 Curtailments 35,016.57 Prepayments 10,108,502.76 Liquidations 35,073.18 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 5,807.54 Supplied by Grp 1 Interest Funds 5,807.54 Supplied by Group 2 Funds 0.00 Group 1 MR Interest Paid to R 9.13 Group 1 UR Interest Paid to R 0.00 Group 1 Interest Funds Remaining After CertIFicate Interest 945,690.71 Group 1 Prepayment Penalties 201,910.55 Group 1 Late Payment Charges 23,602.36 Group 1 Scheduled Interest 2,300,303.23 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 235.56 Group 1 Beginning Pool Stated Principal Balance 389,332,967.84 Group 1 Ending Pool Stated Principal Balance 378,606,505.71 Group 1 Servicing Fee 164,330.96 Group 1 Net Mortgage Rate 6.58348236 % Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 0.00 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 0.00 Group 1 Nonrecoverable Interest Advances 0.00 Group 1 Nonrecoverable Principal Advances 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortage Loan Asset-Backed Certificates, Series 2004-1 January 25 2005 Current Group 1 Realized Loss 5,807.54 Cumulative Group 1 Realized Loss 43,579.00 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortage Loan Asset-Backed Certificates, Series 2004-1 January 25 2005 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Current Period: Number of Group 1 Loans ModIFied 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortage Loan Asset-Backed Certificates, Series 2004-1 January 25 2005 Year To Date: Number of Group 1 Loans ModIFied 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Current Period: Group 1 Number of Loans paid Prepayment Penalties 45 Group 1 Prepayment Penalties Received 201,910.55 Group 1 Number of Loans paid Late Payment Charges 434 Group 1 Late Payment Charges Received 23,602.36 Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 326 Group 1 Prepayment Penalties Received 1,377,985.73 Group 1 Number of Loans paid Late Payment Charges 3,608 Group 1 Late Payment Charges Received 175,215.78 Group 2 Principal Funds Scheduled Principal 481,987.42 Curtailments 29,779.72 Prepayments 20,619,058.67 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 4,121.37 Supplied by Grp 2 Interest Funds 4,121.37 Supplied by Group 1 Funds 0.00 Group 2 MR Interest Paid to R 14.30 Group 2 UR Interest Paid to R 0.00 Group 2 Interest Funds Remaining After CertIFicate Interest 1,497,921.39 Group 2 Prepayment Penalties 254,762.35 Group 2 Late Payment Charges 33,858.47

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortage Loan Asset-Backed Certificates, Series 2004-1 January 25 2005 Group 2 Scheduled Interest 2,792,545.85 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 230.14 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 498,970,988.76 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 477,840,162.95 Group 2 Servicing Fee 210,607.34 Group 2 Net Mortgage Rate 6.20943157 % Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 0.00 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 0.00 Group 2 Nonrecoverable Interest Advances 0.00 Group 2 Nonrecoverable Principal Advances 0.00 Current Group 2 Realized Loss 4,121.37 Cumulative Group 2 Realized Loss 2,732.57 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Does a Group 2 Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortage Loan Asset-Backed Certificates, Series 2004-1 January 25 2005 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortage Loan Asset-Backed Certificates, Series 2004-1 January 25 2005 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Current Period: Number of Group 2 Loans ModIFied 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Year To Date: Number of Group 2 Loans ModIFied 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Current Period: Group 2 Number of Loans paid Prepayment Penalties 60 Group 2 Prepayment Penalties Received 254,762.35 Group 2 Number of Loans paid Late Payment Charges 574 Group 2 Late Payment Charges Received 33,858.47 Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 488 Group 2 Prepayment Penalties Received 1,923,993.89 Group 2 Number of Loans paid Late Payment Charges 4,657 Group 2 Late Payment Charges Received 293,534.83

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortage Loan Asset-Backed Certificates, Series 2004-1 January 25 2005 Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 20 2,182,054.41 0.58 % 2 Month 5 400,376.32 0.11 % 3 Month 2 115,574.58 0.03 % Total 27 2,698,005.31 0.72 % Group 2 Principal Category Number Balance Percentage 1 Month 41 5,950,250.88 1.25 % 2 Month 15 1,903,954.29 0.40 % 3 Month 11 1,360,650.83 0.28 % Total 67 9,214,856.00 1.93 % Group Totals Principal Category Number Balance Percentage 1 Month 61 8,132,305.29 0.95 % 2 Month 20 2,304,330.61 0.27 % 3 Month 13 1,476,225.41 0.17 % Total 94 11,912,861.31 1.39 % Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 0 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 0.00 Number of Foreclosure Loans that are 3+ Months Delinquent 23 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 1,938,994.25 Group 1 Total Number of Foreclosure Loans that are Delinquent 23 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 1,938,994.25

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortage Loan Asset-Backed Certificates, Series 2004-1 January 25 2005 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 2 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 257,897.48 Number of Foreclosure Loans that are 3+ Months Delinquent 33 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 4,447,697.91 Group 2 Total Number of Foreclosure Loans that are Delinquent 35 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 4,705,595.39 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 2 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 257,897.48 Number of Foreclosure Loans that are 3+ Months Delinquent 56 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 6,386,692.16 Total Number of Foreclosure Loans that are Delinquent 58 Total Principal Balance of Foreclosure Loans that are Delinquent 6,644,589.64 Number and Aggregate Principal Amounts of REO Loans N/A REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 02/01/2004 1870147441 grp1 177,152.90 01/05/2004 CE257662GG grp1 103,441.05 04/01/2004 1870152292 grp2 186,714.55

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Mortage Loan Asset-Backed Certificates, Series 2004-1 January 25 2005 Liquidated Loans N/A Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1094817034 grp1 01/14/2005 0.00 0.00 35,073.18 1 Investor Request Details of Class C Ending Balance Class C Group I CertIFicate Principal Balance 5,175,000.00 Class C Group II CertIFicate Principal Balance 5,850,000.00 Class C Principal Balance 11,025,000.00 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 465.70 SSCRA Interest Shortfall Allocated to Class IA-1 11.45 SSCRA Interest Shortfall Allocated to Class IA-2 6.67 SSCRA Interest Shortfall Allocated to Class IA-3 16.37 SSCRA Interest Shortfall Allocated to Class IA-4 16.20 SSCRA Interest Shortfall Allocated to Class IA-5 20.40 SSCRA Interest Shortfall Allocated to Class IA-6 11.81 SSCRA Interest Shortfall Allocated to Class IA-7 20.96 SSCRA Interest Shortfall Allocated to Class IM-1 5.77 SSCRA Interest Shortfall Allocated to Class IM-2 4.65 SSCRA Interest Shortfall Allocated to Class IB 3.20 SSCRA Interest Shortfall Allocated to Class IIA-1 15.33 SSCRA Interest Shortfall Allocated to Class IIA-2 71.88 SSCRA Interest Shortfall Allocated to Class IIM-1 8.07 SSCRA Interest Shortfall Allocated to Class IIM-2 6.39 SSCRA Interest Shortfall Allocated to Class IIB 5.32 SSCRA Interest Shortfall Allocated to Class C 241.23

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2004-2 January 25 2005 Group 1 Principal Funds Scheduled Principal 585,300.08 Curtailments 47,913.40 Prepayments 6,747,871.13 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 712,109.40 Supplied by Grp 1 Interest Funds 712,109.40 Supplied by Group 2 Funds 0.00 Group 1 MR Interest Paid to R 6.86 Group 1 UR Interest Paid to R 0.00 Group 1 Interest Funds Remaining After CertIFicate Interest 712,109.40 Group 1 Prepayment Penalties 120,161.40 Group 1 Late Payment Charges 19,194.28 Group 1 Scheduled Interest 2,330,265.41 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 117.92 Group 1 Beginning Pool Stated Principal Balance 414,374,210.78 Group 1 Ending Pool Stated Principal Balance 406,993,126.17 Group 1 Servicing Fee 174,727.79 Group 1 Net Mortgage Rate 6.24229278 % Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 421,356.91 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 96,813.29 Group 1 Nonrecoverable Interest Advances 0.00 Group 1 Nonrecoverable Principal Advances 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2004-2 January 25 2005 Current Group 1 Realized Loss 8.50 Cumulative Group 1 Realized Loss 34.00 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2004-2 January 25 2005 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Current Period: Number of Group 1 Loans ModIFied 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2004-2 January 25 2005 Year To Date: Number of Group 1 Loans ModIFied 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Current Period: Group 1 Number of Loans paid Prepayment Penalties 31 Group 1 Prepayment Penalties Received 120,161.40 Group 1 Number of Loans paid Late Payment Charges 351 Group 1 Late Payment Charges Received 19,194.28 Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 188 Group 1 Prepayment Penalties Received 744,417.96 Group 1 Number of Loans paid Late Payment Charges 1,923 Group 1 Late Payment Charges Received 100,550.92 Group 2 Principal Funds Scheduled Principal 253,441.37 Curtailments 13,616.36 Prepayments 8,073,215.59 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 705,002.98 Supplied by Grp 2 Interest Funds 705,002.98 Supplied by Group 1 Funds 0.00 Group 2 MR Interest Paid to R 6.86 Group 2 UR Interest Paid to R 0.00 Group 2 Interest Funds Remaining After CertIFicate Interest 705,002.98 Group 2 Prepayment Penalties 99,308.88 Group 2 Late Payment Charges 16,636.25

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2004-2 January 25 2005 Group 2 Scheduled Interest 1,365,547.45 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 252,714,125.90 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 244,373,852.58 Group 2 Servicing Fee 106,561.12 Group 2 Net Mortgage Rate 5.97823169 % Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 1,310,531.80 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 262,417.31 Group 2 Nonrecoverable Interest Advances 0.00 Group 2 Nonrecoverable Principal Advances 0.00 Current Group 2 Realized Loss 0.00 Cumulative Group 2 Realized Loss 17.00 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Does a Group 2 Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2004-2 January 25 2005 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2004-2 January 25 2005 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Current Period: Number of Group 2 Loans ModIFied 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Year To Date: Number of Group 2 Loans ModIFied 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Current Period: Group 2 Number of Loans paid Prepayment Penalties 25 Group 2 Prepayment Penalties Received 99,308.88 Group 2 Number of Loans paid Late Payment Charges 287 Group 2 Late Payment Charges Received 16,636.25 Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 146 Group 2 Prepayment Penalties Received 575,205.15 Group 2 Number of Loans paid Late Payment Charges 1,704 Group 2 Late Payment Charges Received 93,285.73

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2004-2 January 25 2005 Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 16 1,872,102.47 0.46 % 2 Month 4 276,362.89 0.07 % 3 Month 3 216,685.33 0.05 % Total 23 2,365,150.69 0.58 % Group 2 Principal Category Number Balance Percentage 1 Month 18 2,454,139.89 1.00 % 2 Month 7 731,357.45 0.30 % 3 Month 2 212,299.20 0.09 % Total 27 3,397,796.54 1.39 % Group Totals Principal Category Number Balance Percentage 1 Month 34 4,326,242.36 0.66 % 2 Month 11 1,007,720.34 0.15 % 3 Month 5 428,984.53 0.07 % Total 50 5,762,947.23 0.88 % Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 2 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 260,923.13 Number of Foreclosure Loans that are 3+ Months Delinquent 8 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 1,190,536.80 Group 1 Total Number of Foreclosure Loans that are Delinquent 10 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 1,451,459.93

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2004-2 January 25 2005 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 1 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 201,814.40 Number of Foreclosure Loans that are 3+ Months Delinquent 11 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 1,251,971.54 Group 2 Total Number of Foreclosure Loans that are Delinquent 12 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 1,453,785.94 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 3 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 462,737.53 Number of Foreclosure Loans that are 3+ Months Delinquent 19 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 2,442,508.34 Total Number of Foreclosure Loans that are Delinquent 22 Total Principal Balance of Foreclosure Loans that are Delinquent 2,905,245.87 Number and Aggregate Principal Amounts of REO Loans N/A REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 05/01/2004 1095728166 grp2 58,335.78

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Mortgage Loan Asset-Backed Certificates, Series 2004-2 January 25 2005 Liquidated Loans N/A Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # Investor Request Details of Class C Ending Balance Class C Group I Certificate Principal Balance 3,987,149.31 Class C Group II Certificate Principal Balance 705,406.84 Class C Principal Balance 4,692,556.14 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 117.92 SSCRA Interest Shortfall Allocated to Class IA-1 9.41 SSCRA Interest Shortfall Allocated to Class IA-2 3.11 SSCRA Interest Shortfall Allocated to Class IA-3 7.68 SSCRA Interest Shortfall Allocated to Class IA-4 9.51 SSCRA Interest Shortfall Allocated to Class IA-5 8.03 SSCRA Interest Shortfall Allocated to Class IA-6 6.39 SSCRA Interest Shortfall Allocated to Class IM-1 1.85 SSCRA Interest Shortfall Allocated to Class IM-2 1.85 SSCRA Interest Shortfall Allocated to Class IB 2.03 SSCRA Interest Shortfall Allocated to Class IIA-1 6.65 SSCRA Interest Shortfall Allocated to Class IIA-2 9.40 SSCRA Interest Shortfall Allocated to Class IIM-1 1.11 SSCRA Interest Shortfall Allocated to Class IIM-2 1.07 SSCRA Interest Shortfall Allocated to Class IIB 0.90 SSCRA Interest Shortfall Allocated to Class C 48.94

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 1 Chase Funding Loan Aquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-AD1 Statement to Certificateholders January 25 2005

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 2 Chase Funding Loan Aquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-AD1 Statement to Certificateholders January 25 2005

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Loan Aquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-AD1 January 25 2005 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 386,914.72 Curtailments 163,622.60 Prepayments 4,577,200.39 Liquidations 772,524.36 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 76,285.76 Supplied by Grp 1 Interest Funds 76,285.76 Supplied by Group 2 Funds 0.00 Group 1 MR Interest Paid to R 3.79 Group 1 Interest Funds Remaining After Certificate Interest 422,256.47 Group 1 Prepayment Penalties 157,659.06 Group 1 Late Payment Charges 25,460.68 Sec 4.05(a)(ii) Group 1 Scheduled Interest 1,352,835.55 Soldiers' and Sailors' interest adjustment 0.00 Interest adjustment related to current distribution -347.58 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 173,856,307.13 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 167,956,045.06 Sec 4.05(a)(vi) Group 1 Servicing Fee 73,381.84 Sec 4.05(a)(viii) Group 1 Net Mortgage Rate 8.82871252 % Sec 4.05(a)(ix) Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 383,416.24 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 78,137.07 Group 1 Nonrecoverable Interest Advances 1,166.33 Group 1 Nonrecoverable Principal Advances 247.28

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Loan Aquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-AD1 January 25 2005 Sec 4.05(a)(x)&(xi) Current Group 1 Realized Loss 282,547.65 Cumulative Group 1 Realized Loss 11,554,064.38 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Sec. 4.05(a)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Loan Aquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-AD1 January 25 2005 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Sec. 4.05(a)(xx) Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 1 Balance of Group 1 Loans Repurchased 129,422.38 Sec. 4.05(a)(xxi) Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Loan Aquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-AD1 January 25 2005 Sec. 4.05(a)(xxii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a) (xxiii) Current Period: Group 1 Number of Loans paid Prepayment Penalties 57 Group 1 Prepayment Penalties Received 157,659.06 Group 1 Number of Loans paid Late Payment Charges 447 Group 1 Late Payment Charges Received 25,460.68 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 3,831 Group 1 Prepayment Penalties Received 12,563,352.90 Group 1 Number of Loans paid Late Payment Charges 33,581 Group 1 Late Payment Charges Received 1,736,471.87 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 42,592.76 Curtailments 38,929.43 Prepayments 2,409,540.07 Liquidations 101,309.73 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 0.00 Supplied by Grp 2 Interest Funds 0.00 Supplied by Group 1 Funds 0.00 Group 2 MR Interest Paid to R 2.72 Group 2 Interest Funds Remaining After Certificate Interest 186,534.80 Group 2 Prepayment Penalties 81,043.76 Group 2 Late Payment Charges 10,814.08

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Loan Aquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-AD1 January 25 2005 Sec 4.05(a)(ii) Group 2 Scheduled Interest 310,931.37 Soldiers' and Sailors' interest adjustment 0.00 Interest adjustment related to current distribution -25.71 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 41,997,626.71 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 39,405,254.72 Sec 4.05(a)(vi) Group 2 Servicing Fee 17,726.50 Sec 4.05(a)(viii) Group 2 Net Mortgage Rate 8.37702079 % Sec 4.05(a)(ix) Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 115,081.18 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 13,336.78 Group 2 Nonrecoverable Interest Advances 363.60 Group 2 Nonrecoverable Principal Advances 31.92 Sec 4.05(a)(x)&(xi) Current Group 2 Realized Loss 91,266.84 Cumulative Group 2 Realized Loss 3,187,635.48 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 2 Trigger Event Exist? NO Sec. 4.05(a)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Loan Aquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-AD1 January 25 2005 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Sec. 4.05(a)(xviii) Interest Carryover Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Loan Aquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-AD1 January 25 2005 Sec. 4.05(a)(xx) Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xxi) Current Period: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec. 4.05(a)(xxii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a)(xxiii) Current Period: Group 2 Number of Loans paid Prepayment Penalties 22 Group 2 Prepayment Penalties Received 81,043.76 Group 2 Number of Loans paid Late Payment Charges 112 Group 2 Late Payment Charges Received 10,814.08 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 841 Group 2 Prepayment Penalties Received 3,681,269.06 Group 2 Number of Loans paid Late Payment Charges 8,449 Group 2 Late Payment Charges Received 552,635.02

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Loan Aquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-AD1 January 25 2005 Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 92 6,265,525.15 3.73 % 2 Month 33 2,187,134.64 1.30 % 3 Month 82 5,947,431.07 3.54 % Total 207 14,400,090.86 8.57 % Group 2 Principal Category Number Balance Percentage 1 Month 33 2,827,295.69 7.17 % 2 Month 7 532,932.63 1.35 % 3 Month 15 1,418,600.33 3.60 % Total 55 4,778,828.65 12.12 % Group Totals Principal Category Number Balance Percentage 1 Month 125 9,092,820.84 4.39 % 2 Month 40 2,720,067.27 1.31 % 3 Month 97 7,366,031.40 3.55 % Total 262 19,178,919.51 9.25 % Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 3 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 167,334.61 Number of Foreclosure Loans that are 2 Months Delinquent 11 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 581,889.00 Number of Foreclosure Loans that are 3+ Months Delinquent 83 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 6,274,297.98 Group 1 Total Number of Foreclosure Loans that are Delinquent 97 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 7,023,521.59

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Loan Aquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-AD1 January 25 2005 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 136,656.33 Number of Foreclosure Loans that are 2 Months Delinquent 4 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 399,260.33 Number of Foreclosure Loans that are 3+ Months Delinquent 22 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 1,765,327.95 Group 2 Total Number of Foreclosure Loans that are Delinquent 27 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 2,301,244.61 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 4 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 303,990.94 Number of Foreclosure Loans that are 2 Months Delinquent 15 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 981,149.33 Number of Foreclosure Loans that are 3+ Months Delinquent 105 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 8,039,625.93 Total Number of Foreclosure Loans that are Delinquent 124 Total Principal Balance of Foreclosure Loans that are Delinquent 9,324,766.20 Sec. 4.05(a)(xiii)&(xiv) Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 10/10/2003 13550769 grp1 33,928.55 09/10/2003 13552120 grp1 146,495.14 01/15/2004 13928601 grp1 94,212.78 02/15/2004 13942594 grp1 66,889.37 11/05/2002 13946173 grp1 67,162.90 08/15/2003 13952635 grp1 80,814.05 08/01/2002 13954706 grp1 61,449.17 06/01/2003 13954730 grp1 100,305.37 09/05/2003 13956024 grp1 35,365.76 08/20/2003 13957626 grp1 45,360.85

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Loan Aquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-AD1 January 25 2005 02/01/2004 14180582 grp1 128,445.21 09/01/2003 14180624 grp1 40,386.93 12/01/2003 14181051 grp1 74,183.53 04/01/2003 14181747 grp1 64,702.68 06/10/2003 14184170 grp1 63,656.70 12/15/2003 14184519 grp1 94,212.68 11/20/2003 14185623 grp1 129,188.35 07/01/2004 14188296 grp1 76,300.06 12/15/2003 14191241 grp1 110,910.73 02/15/2003 14191316 grp1 51,641.08 07/20/2003 14192876 grp1 50,907.43 09/01/2003 14195572 grp1 55,787.19 09/10/2003 14203194 grp1 52,029.63 06/20/2004 14205017 grp1 44,601.06 05/20/2003 14206361 grp1 106,141.36 04/01/2003 14209027 grp1 331,184.25 05/10/2004 14434492 grp1 87,996.98 02/20/2004 14437446 grp1 49,480.97 08/05/2003 14442230 grp1 110,606.64 09/24/2003 49418106 grp1 59,084.94 04/17/2004 71815628 grp1 152,244.41 02/15/2003 13935143 grp2 46,154.09 03/01/2004 13955646 grp2 141,542.83 08/10/2003 14190482 grp2 72,660.20

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 13 Chase Funding Loan Aquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-AD1 January 25 2005 Sec. 4.05(xv)&(xvi) Liquidated Loans Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 13934153 grp1 12/30/2004 0.00 0.00 125,321.20 1 13949276 grp1 12/03/2004 0.00 0.00 62,935.87 1 13949284 grp1 12/08/2004 0.00 0.00 99,526.38 1 13949680 grp1 12/28/2004 0.00 0.00 61,183.65 1 14183818 grp1 12/13/2004 0.00 0.00 39,238.50 1 14189377 grp1 12/03/2004 0.00 0.00 72,356.07 1 14190896 grp1 12/30/2004 0.00 0.00 97,986.37 1 14193031 grp1 12/08/2004 0.00 0.00 111,317.19 1 14201875 grp1 12/10/2004 0.00 0.00 102,659.13 1 13082102 grp2 12/15/2004 0.00 0.00 55,413.60 2 13929146 grp2 12/10/2004 0.00 0.00 45,896.13 2 Investor Request Details of Class C Ending Balance Class C Group I Certificate Principal Balance 5,878,436.66 Class C Group II Certificate Principal Balance 2,166,893.37 Class C Principal Balance 8,045,750.59 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 1 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C1 Statement to Certificateholders January 25 2005

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 2 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C1 Statement to Certificateholders January 25 2005

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C1 January 25 2005 Sec 4.05(a)(ii) Group 1 Scheduled Interest 131,003.60 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 199.26 Sec 4.05(a)(xxiv) Group 1 Number of Loans with Prepayment Penalties 3.00 Group 1 Prepayment Penalties 8,031.88 Group 1 Late Payment Charges 3,027.46 Group 1 Number of Loans with Late Payment Charges 36.00 Sec 4.05(a)(vi) Group 1 Certificate Administrator Fee 111.00 Group 1 Servicing Fee 6,098.65 Group 1 PMI Insurer's Fee 5,580.53 Group 1 Advisor's Fee 182.96 Group 1 Tax on PMI Insurer's Fee 0.70 Group 1 Current Gross Losses 79,229.42 Group 1 Cumulative Gross Losses 2,270,679.09 Group 1 Current MI Payments 79,110.20 Group 1 Cumulative MI Payments 608,100.27 Group 1 Current Net Losses 119.22 Group 1 Cumulative Net Losses 1,662,578.82 Group 1 Current Claims Submitted 79,069.79 Group 1 Cumulative Claims Submitted 645,737.09 Group 1 Current Claims Denied 0.00 Group 1 Cumulative Claims Denied 21,744.93 Group 1 Current Claims Adjusted -40.41 Group 1 Cumulative Claims Adjusted 15,891.89 Group 1 Current Netted MI Payments 79,110.20 Group 1 Cumulative Netted MI Payments 608,100.27

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C1 January 25 2005 Group 1 Current MI Fees Paid 5,581.23 Group 1 Cumulative MI Fees Paid 350,092.33 Group 1 PMI Beginning Principal Balance 9,300,891.54 Group 1 PMI Ending Principal Balance 8,728,341.47 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 16,021.09 Curtailments 1,897.04 Prepayments 448,107.73 Liquidations 201,325.74 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 40,640.05 Group 1 Interest Funds Remaining After Certificate Interest 40,640.05 Group 2 Funds Diverted to Group 1 24,981.76 Sec 4.05(a)(xi)&(xii) Current Group 1 Realized Loss 119.22 Cumulative Group 1 Realized Loss 1,662,578.82 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 1 Interest Advances from Chase Mortgage 55,774.50 Group 1 Principal Advances from Chase Mortgage 5,464.52 Group 1 P&I Advances from Wells Fargo 24,897.00 Group 1 Nonrecoverable Interest Advances 1,095.57 Group 1 Nonrecoverable Principal Advances 53.27 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 14,636,759.81 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 13,969,408.21 Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.75869754 % Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? NO

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C1 January 25 2005 Sec. 4.05(a)(xxii) Current Months: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xxiii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Sec. 4.05(a)(xx) Beginning Class IA-1 Interest Carryforward Amount 0.00 Beginning Class IA-2 Interest Carryforward Amount 0.00 Beginning Class IA-3 Interest Carryforward Amount 0.00 Beginning Class IA-4 Interest Carryforward Amount 0.00 Beginning Class IM-1 Interest Carryforward Amount 0.00 Beginning Class IM-2 Interest Carryforward Amount 0.00 Beginning Class IC Interest Carryforward Amount 0.00 Sec. 4.05(a)(xx) Class IA-1 Interest Carryforward Amount Paid 0.00 Class IA-2 Interest Carryforward Amount Paid 0.00 Class IA-3 Interest Carryforward Amount Paid 0.00 Class IA-4 Interest Carryforward Amount Paid 0.00 Class IM-1 Interest Carryforward Amount Paid 0.00 Class IM-2 Interest Carryforward Amount Paid 0.00 Class IC Interest Carryforward Amount Paid 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C1 January 25 2005 Sec. 4.05(a)(xx) Ending Class IA-1 Interest Carryforward Amount 0.00 Ending Class IA-2 Interest Carryforward Amount 0.00 Ending Class IA-3 Interest Carryforward Amount 0.00 Ending Class IA-4 Interest Carryforward Amount 0.00 Ending Class IM-1 Interest Carryforward Amount 0.00 Ending Class IM-2 Interest Carryforward Amount 0.00 Ending Class IC Interest Carryforward Amount 0.00 Sec 4.05(a)(ii) Group 2 Scheduled Interest 242,614.28 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Sec 4.05(a)(xxiv) Group 2 Number of Loans with Prepayment Penalties 0.00 Group 2 Prepayment Penalties 0.00 Group 2 Number of Loans with Late Payment Charges Reported From Chase Manhattan Mortgage Corp 49.00 Group 2 Late Payment Charges Reported From Chase Manhattan Mortgage Corp 2,678.63 Sec 4.05(a)(vi) Group 2 Certificate Administrator Fee 214.13 Group 2 Servicing Fee 11,765.64 Group 2 Advisor's Fee 352.97 Group 2 PMI Insurer's Fee 10,399.00 Group 2 Tax on PMI Insurer's Fee 13.53 Group 2 Current Gross Losses 142,796.36 Group 2 Cumulative Gross Losses 4,488,783.81 Group 2 Current MI Payments 72,377.20 Group 2 Cumulative MI Payments 1,201,066.12 Group 2 Current Net Losses 70,419.16 Group 2 Cumulative Net Losses 3,287,717.69 Group 2 Current Claims Submitted 73,786.05 Group 2 Cumulative Claims Submitted 1,360,608.37

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C1 January 25 2005 Group 2 Current Claims Denied 0.00 Group 2 Cumulative Claims Denied 0.00 Group 2 Current Claims Adjusted 1,408.85 Group 2 Cumulative Claims Adjusted 159,542.25 Group 2 Current Netted MI Paymets 72,377.20 Group 2 Cumulative Netted MI Payments 1,201,066.12 Group 2 Current MI Fees Paid 10,412.53 Group 2 Cumulative MI Fees Paid 1,094,134.36 Group 2 PMI Beginning Principal Balance 17,331,667.75 Group 2 PMI Ending Principal Balance 16,977,505.94 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 19,264.84 Curtailments 643.63 Prepayments 277,594.56 Liquidations 189,395.54 Repurchases 0.00 Substitution Principal 0.00 Group 2 Extra Principal Paid 77,894.31 Group 2 Interest Funds Remaining After Certificate Interest 160,661.10 Group 1 Funds Diverted to Group 2 0.00 Sec 4.05(a)(xi)&(xii) Current Group 2 Realized Loss 70,419.16 Cumulative Group 2 Realized Loss 3,287,717.69 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec 4.05(a)(x) Group 2 Interest Advances from Chase Mortgage 81,176.77 Group 2 Principal Advances from Chase Mortgage 7,269.01 Group 2 P&I Advances from Wells Fargo 112,040.41 Group 2 Nonrecoverable Interest Advances 899.79 Group 2 Nonrecoverable Principal Advances 64.17

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C1 January 25 2005 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 28,237,544.99 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 27,750,646.42 Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.69160655 % Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? NO Sec. 4.05(a)(xx)&(xxi) Current Months: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xxii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Repurchased 2 Balance of Group 2 Loans Repurchased 129,026.56 Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00 Beginning Class IIM-1 Interest Carryforward Amount 0.00 Beginning Class IIM-2 Interest Carryforward Amount 0.00 Beginning Class IIC Interest Carryforward Amount 0.00 Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00 Class IIM-1 Interest Carryforward Amount Paid 0.00 Class IIM-2 Interest Carryforward Amount Paid 0.00 Class IIC Interest Carryforward Amount Paid 0.00 Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00 Ending Class IIM-1 Interest Carryforward Amount 0.00 Ending Class IIM-2 Interest Carryforward Amount 0.00 Ending Class IIC Interest Carryforward Amount 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C1 January 25 2005 Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00 Beginning Class IIM-1 Interest Carryover Amount 0.00 Beginning Class IIM-2 Interest Carryover Amount 0.00 Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00 Class IIM-2 Interest Carryover Amount Paid 0.00 Class IIM-1 Interest Carryover Amount Paid 0.00 Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00 Ending Class IIM-1 Interest Carryover Amount 0.00 Ending Class IIM-2 Interest Carryover Amount 0.00 Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency Group 1 Principal Category Number Balance Percentage 1 Month 16 1,075,805.20 7.70 % 2 Month 1 20,533.35 0.15 % 3 Month 16 904,504.95 6.47 % Total 33 2,000,843.50 14.32 % Group 2 Principal Category Number Balance Percentage 1 Month 13 983,525.21 3.54 % 2 Month 6 438,600.15 1.58 % 3 Month 20 2,300,244.04 8.29 % Total 39 3,722,369.40 13.41 % Group Totals Principal Category Number Balance Percentage 1 Month 29 2,059,330.41 4.94 % 2 Month 7 459,133.50 1.10 % 3 Month 36 3,204,748.99 7.68 % Total 72 5,723,212.90 13.72 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C1 January 25 2005 Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Principal Number Balance Percentage 16 1,009,157.92 7.22 % Group 2 Principal Number Balance Percentage 32 2,473,269.40 8.91 % Group Totals Principal Number Balance Percentage 48 3,482,427.32 8.35 % Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans Sec. 4.05(xiii) Group 1 REO Loan Count 10.00 Sec. 4.05(xiii) Group 1 REO Loan Balance 808,689.56 Sec. 4.05(xiii) Group 2 REO Loan Count 17.00 Sec. 4.05(xiii) Group 2 REO Loan Balance 1,424,561.27 Sec. 4.05(xiv) Total REO Loan Count 27.00 Sec. 4.05(xiv) Aggregate REO Loan Balance 2,233,250.83 REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 04/04/2002 1094378397 grp1 63,304.85 06/06/2001 1094409832 grp1 239,073.60 09/23/2001 1094410547 grp1 48,553.85 09/01/2002 1094421259 grp1 89,317.52 09/28/2001 1094429137 grp1 47,842.60 02/01/2004 1094440934 grp1 53,478.15 11/01/2002 1155065655 grp1 75,588.71

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C1 January 25 2005 05/01/2002 1155069689 grp1 114,924.30 02/01/2004 1155073143 grp1 31,967.58 03/01/2002 1155074372 grp1 44,638.40 11/01/2004 1094421180 grp2 71,583.77 03/01/2004 1094430760 grp2 71,784.78 08/01/2003 1094448801 grp2 45,694.16 09/01/2003 1094449360 grp2 55,439.98 06/01/2003 1155065087 grp2 35,227.89 12/01/2001 1155065167 grp2 27,693.88 03/01/2004 1155068493 grp2 36,631.39 04/01/2003 1155068664 grp2 187,782.26 02/01/2004 1155069383 grp2 129,652.50 04/01/2003 1155070950 grp2 65,128.37 09/01/2003 1155071320 grp2 77,925.72 06/01/2003 1155071330 grp2 69,251.24 02/01/2004 1155071782 grp2 328,188.44 07/01/2002 1155077439 grp2 64,295.47 09/01/2003 1157088742 grp2 52,850.04 03/01/2003 1157089279 grp2 61,125.22 02/01/2004 1157091929 grp2 44,306.16 Sec. 4.05(xvii) Liquidated Loans this Period Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1094390600 grp1 12/31/2004 0.00 0.00 54,960.04 1 1094422783 grp1 12/20/2004 0.00 0.00 146,365.70 1 1094440060 grp2 12/24/2004 0.00 0.00 92,414.00 2 1094463485 grp2 12/20/2004 0.00 0.00 96,981.54 2 Total Number of PMI Mortgage Loans 128.00 Total PMI Stated Principal Balance 26,632,559.29 Total PMI Insurer's Fee 15,979.53 Total Tax on PMI Insurer's Fee 14.23

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C1 January 25 2005 Total PMI Fees Paid 15,993.76 Total MI Fee Reimbursement 138.94 Total Group 1 MI Fee Reimbursement 138.94 Total Group 2 MI Fee Reimbursement 0.00 Total Cumulative PMI Fees Paid 1,444,226.69 Total Tax on PMI Insurer's Fee 0.00 Adjustment for Previous Periods: 0.00 Total Claims Paid by the PMI Insurer 0.00 Total Advisor's Fee 535.93 Group Total Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 199.26 Soldiers' and Sailors' Civil Relief Act Shortfall IA1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA2 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall IA3 30.08 Soldiers' and Sailors' Civil Relief Act Shortfall IA4 51.49 Soldiers' and Sailors' Civil Relief Act Shortfall IM1 18.78 Soldiers' and Sailors' Civil Relief Act Shortfall IM2 6.73 Soldiers' and Sailors' Civil Relief Act Shortfall IIA1 61.97 Soldiers' and Sailors' Civil Relief Act Shortfall IIM1 24.41 Soldiers' and Sailors' Civil Relief Act Shortfall IIM2 5.81 Investor Request Details of Class C Ending Balance Class IC Group I Principal Balance 455,000.00 Class IIC Group II Principal Balance 1,410,000.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 1 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 Statement to Certificateholders January 25 2005

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 2 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 Statement to Certificateholders January 25 2005

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 168,523.92 Curtailments 262,972.25 Prepayments 2,036,866.59 Liquidations 907,503.19 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 433,261.10 Supplied by Grp 1 Interest Funds 189,608.52 Supplied by Group 2 Funds 243,652.58 Group 1 Interest Funds Remaining After Certificate Interest 189,608.52 Group 1 Prepayment Penalties -1,941.37 Group 1 Late Payment Charges 18,059.61 Sec 4.05(a)(ii) Group 1 Scheduled Interest 838,443.80 Soldiers' and Sailors' Interest Adjustment 286.08 Group 1 Non-Supported Interest Shortfall 0.00 Group 1 Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 236.33 SSCRA Shortfall Allocated to Class IA-1 0.00 SSCRA Shortfall Allocated to Class IA-2 0.00 SSCRA Shortfall Allocated to Class IA-3 0.00 SSCRA Shortfall Allocated to Class IA-4 115.38 SSCRA Shortfall Allocated to Class IA-5 85.29 SSCRA Shortfall Allocated to Class IM-1 17.94 SSCRA Shortfall Allocated to Class IM-2 5.19 SSCRA Shortfall Allocated to Class IB 12.54

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 102,474,884.28 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 99,099,018.33 Sec 4.05(a)(vi) Group 1 Servicing Fee 43,252.94 Sec 4.05(a)(viii) Group 1 Net Mortgage Rate 8.83629133 % Sec 4.05(a)(ix) Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 377,038.40 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 67,416.47 Group 1 Nonrecoverable Interest Advances 3,525.00 Group 1 Nonrecoverable Principal Advances 998.03 Sec 4.05(a)(x)&(xi) Current Group 1 Realized Loss 505,277.27 Cumulative Group 1 Realized Loss 8,218,904.12 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Sec. 4.05(a)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Sec. 4.05(a)(xx) Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 2 Balance of Group 1 Loans Repurchased 266,985.30 Sec. 4.05(a)(xxi) Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Sec. 4.05(a)(xxii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a)(xxiii) Current Period: Group 1 Number of Loans paid Prepayment Penalties 1 Group 1 Prepayment Penalties Received -1,941.37 Group 1 Number of Loans paid Late Payment Charges 328 Group 1 Late Payment Charges Received 18,059.61 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 1,486 Group 1 Prepayment Penalties Received 4,194,585.55 Group 1 Number of Loans paid Late Payment Charges 29,340 Group 1 Late Payment Charges Received 1,348,405.87

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Sec 4.05(a)(xxv) Group 1 PMI Insurer's Fee 39,284.97 Group 1 Tax on PMI Insurer's Fee 43.34 Group 1 Total PMI Expense 39,328.31 Additional Information Regarding PMI Insurance Group 1 Beginning number of PMI Mortgage Loans 909 Group 1 Beginning Stated Principal Balance of PMI Mortgage Loans 60,652,440.08 Group 1 Ending Stated Principal Balance of PMI Mortgage Loans 58,688,956.87 Current Period: Group 1 Losses before Application of PMI Insurance Claim Received 637,843.51 Group 1 Claims Paid by the PMI Insurer 132,566.24 Group 1 Realized Loss 505,277.27 Group 1 PMI Insurance Claim Submitted 136,936.03 Group 1 PMI Insurance Claim Denied 0.00 Group 1 PMI Insurance Claim Adjusted 4,369.79 Group 1 Total PMI Insurance Claim Activity 132,566.24 Since the Cut-off Date: Group 1 Losses before Application of PMI Insurance Claim Received 10,592,949.66 Group 1 Claims Paid by the PMI Insurer 2,374,045.54 Group 1 Realized Loss 8,218,904.12 Group 1 PMI Insurance Claim Submitted 2,357,863.41 Group 1 PMI Insurance Claim Denied 6,920.68 Group 1 PMI Insurance Claim Adjusted -23,102.81 Group 1 Total PMI Insurance Claim Activity 2,374,045.54 Sec 4.05(a)(xxvi) Group 1 Advisor's Fee 1,280.94

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 51,049.84 Curtailments 14,042.51 Prepayments 1,586,391.11 Liquidations 35,109.13 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 16,447.18 Supplied by Grp 2 Interest Funds 16,447.18 Supplied by Group 1 Funds 0.00 Group 2 Interest Funds Remaining After Certificate Interest 260,099.76 Group 2 Prepayment Penalties 8,348.93 Group 2 Late Payment Charges 10,212.89 Sec 4.05(a)(ii) Group 2 Scheduled Interest 426,220.89 Soldiers' and Sailors' Interest Adjustment 0.00 Group 2 Non-Supported Interest Shortfall 0.00 Group 2 Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 49.75 SSCRA Shortfall Allocated to Class IA-1 26.76 SSCRA Shortfall Allocated to Class IIM-1 14.70 SSCRA Shortfall Allocated to Class IIM-2 7.57 SSCRA Shortfall Allocated to Class IIB 0.72 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 55,377,922.98 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 53,691,330.39

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Sec 4.05(a)(vi) Group 2 Servicing Fee 23,374.11 Sec 4.05(a)(viii) Group 2 Net Mortgage Rate 8.23424599 % Sec 4.05(a)(ix) Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 237,079.43 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 28,954.44 Group 2 Nonrecoverable Interest Advances 2,022.40 Group 2 Nonrecoverable Principal Advances 997.74 Sec 4.05(a)(x)&(xi) Current Group 2 Realized Loss 15,449.44 Cumulative Group 2 Realized Loss 3,837,761.02 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 2 Trigger Event Exist? NO Sec. 4.05(a)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Sec. 4.05(a)(xviii) Interest Carryover Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Sec. 4.05(a)(xx) Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Sec. 4.05(a)(xxi) Current Period: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec. 4.05(a)(xxii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a)(xxiii) Current Period: Group 2 Number of Loans paid Prepayment Penalties 2 Group 2 Prepayment Penalties Received 8,348.93 Group 2 Number of Loans paid Late Payment Charges 145 Group 2 Late Payment Charges Received 10,212.89 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 1,028 Group 2 Prepayment Penalties Received 4,482,626.05 Group 2 Number of Loans paid Late Payment Charges 17,462 Group 2 Late Payment Charges Received 1,126,777.94

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Sec 4.05(a)(xxv) Group 2 PMI Insurer's Fee 22,151.49 Group 2 Tax on PMI Insurer's Fee 6.87 Group 2 Total PMI Expense 22,158.36 Additional Information Regarding PMI Insurance Group 2 Beginning number of PMI Mortgage Loans 365 Group 2 Stated Beginning Principal Balance of PMI Mortgage Loans 32,406,962.80 Group 2 Stated Ending Principal Balance of PMI Mortgage Loans 30,946,753.29 Current Period: Group 2 Losses before Application of PMI Insurance Claim Received 49,279.37 Group 2 Claims Paid by the PMI Insurer 33,829.93 Group 2 Realized Loss 15,449.44 Group 2 PMI Insurance Claim Submitted 95,316.87 Group 2 PMI Insurance Claim Denied 0.00 Group 2 PMI Insurance Claim Adjusted 61,486.94 Group 2 Total PMI Insurance Claim Activity 33,829.93 Since the Cut-off Date: Group 2 Losses before Application of PMI Insurance Claim Received 5,149,583.62 Group 2 Claims Paid by the PMI Insurer 1,311,822.60 Group 2 Realized Loss 3,837,761.02 Group 2 PMI Insurance Claim Submitted 1,330,895.83 Group 2 PMI Insurance Claim Denied 3,660.91 Group 2 PMI Insurance Claim Adjusted 15,412.31 Group 2 Total PMI Insurance Claim Activity 1,311,822.61 Sec 4.05(a)(xxvi) Group 2 Advisor's Fee 692.22

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 13 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 98 6,171,950.34 6.23 % 2 Month 19 1,422,783.08 1.44 % 3 Month 69 4,275,554.29 4.31 % Total 186 11,870,287.71 11.98 % Group 2 Principal Category Number Balance Percentage 1 Month 31 2,402,096.57 4.47 % 2 Month 14 1,016,955.29 1.89 % 3 Month 40 3,482,267.67 6.49 % Total 85 6,901,319.53 12.85 % Group Totals Principal Category Number Balance Percentage 1 Month 129 8,574,046.91 5.61 % 2 Month 33 2,439,738.37 1.60 % 3 Month 109 7,757,821.96 5.08 % Total 271 18,771,607.24 12.29 % Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 39,233.62 Number of Foreclosure Loans that are 2 Months Delinquent 5 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 307,064.30 Number of Foreclosure Loans that are 3+ Months Delinquent 75 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 5,125,370.48 Group 1 Total Number of Foreclosure Loans that are Delinquent 81 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 5,471,668.40

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 14 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 2 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 127,180.09 Number of Foreclosure Loans that are 2 Months Delinquent 5 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 378,750.73 Number of Foreclosure Loans that are 3+ Months Delinquent 24 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 2,004,530.79 Group 2 Total Number of Foreclosure Loans that are Delinquent 31 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 2,510,461.61 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 3 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 166,413.71 Number of Foreclosure Loans that are 2 Months Delinquent 10 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 685,815.03 Number of Foreclosure Loans that are 3+ Months Delinquent 99 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 7,129,901.27 Total Number of Foreclosure Loans that are Delinquent 112 Total Principal Balance of Foreclosure Loans that are Delinquent 7,982,130.01 Sec. 4.05(a)(xiii)&(xiv) Number and Aggregate Principal Amounts of REO Loans

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 15 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 12/14/2004 1094317370 grp1 39,245.66 09/30/2004 1094320921 grp1 52,758.47 05/01/2002 1094336397 grp1 128,001.28 03/01/2004 1155020282 grp1 50,079.00 12/05/2003 1155036373 grp1 68,988.66 03/26/2003 1155041067 grp1 292,198.65 10/12/2003 1155048612 grp1 99,303.17 11/01/2004 1155058682 grp1 52,503.68 10/01/2004 1155059889 grp1 69,693.64 08/01/2002 1155061756 grp1 27,020.99 09/01/2003 1155063922 grp1 47,311.22 11/01/2003 1157001530 grp1 67,520.29 11/16/2004 1157007503 grp1 50,789.26 08/19/2003 1157014815 grp1 45,526.97 12/01/2004 1157016275 grp1 191,111.47 12/01/2002 1157016388 grp1 64,311.37 07/01/2003 1157016978 grp1 66,117.18 05/01/2004 1157023102 grp1 38,702.93 05/10/2003 1157025990 grp1 91,461.48 12/01/2004 1157036410 grp1 51,575.46 05/25/2004 1157036975 grp1 94,346.70 12/15/2003 1157038937 grp1 56,944.27 12/01/2003 1157045808 grp1 42,272.82 12/07/2003 1157057910 grp1 37,017.12 12/01/2004 1157080263 grp1 18,643.31 09/01/2004 1155025785 grp2 56,659.82 08/01/2003 1155031416 grp2 142,835.24 11/01/2001 1157060845 grp2 47,463.49 12/20/2001 1157064370 grp2 282,805.70 06/01/2002 1157068246 grp2 91,228.87 07/01/2003 1157072786 grp2 39,772.60 02/01/2004 1157073949 grp2 158,662.46

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 16 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Group 1 Principal Number Balance Percentage 25 1,843,445.05 1.86 % Group 2 Principal Number Balance Percentage 7 819,428.18 1.53 % Group Totals Principal Number Balance Percentage 32 2,662,873.23 1.74 % Sec. 4.05(xv)&(xvi) Liquidated Loans Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1094279522 grp1 12/31/2004 0.00 0.00 67,068.91 1 1094348228 grp1 12/24/2004 0.00 0.00 47,466.12 1 1155036497 grp1 12/16/2004 0.00 0.00 61,515.29 1 1155043721 grp1 12/17/2004 0.00 0.00 45,400.73 1 1155047529 grp1 12/30/2004 0.00 0.00 52,128.77 1 1157007638 grp1 12/20/2004 0.00 0.00 225,037.60 1 1157007649 grp1 12/24/2004 0.00 0.00 33,092.99 1 1157031290 grp1 12/24/2004 0.00 0.00 115,188.06 1 1157037548 grp1 12/17/2004 0.00 0.00 76,005.56 1 1157057578 grp1 12/09/2004 0.00 0.00 57,974.12 1 1157067673 grp1 12/31/2004 0.00 0.00 126,625.04 1 1157055302 grp2 12/20/2004 0.00 0.00 35,109.13 2

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 17 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Sec 4.05(a)(xxv) Total PMI Insurer's Fee 61,436.46 Total Tax on PMI Insurer's Fee 50.21 Total PMI Expense 61,486.67 Total Number of PMI Mortgage Loans 1,274 Total Beginning Stated Principal Balance of PMI Mortgage Loans 93,059,402.88 Total Ending Stated Principal Balance of PMI Mortgage Loans 89,635,710.16 Total MI Fee_Reimbursements 13,723.47 Total Group 1 MI_Fee Reimbursements 11,136.24 Total Group 2 MI Fee Reimbursements 2,587.23 Current Period: Total Losses before Application of PMI Insurance Claim Received 687,122.87 Total Claims Paid by the PMI Insurer 166,396.16 Total Realized Loss 520,726.71 Total PMI Insurance Claim Submitted 232,252.89 Total PMI Insurance Claim Denied 0.00 Total PMI Insurance Claim Adjusted 65,856.73 Total Total PMI Insurance Claim Activity 298,109.62 Since the Cut-off Date: Total Losses before Application of PMI Insurance Claim Received 15,742,533.28 Total Claims Paid by the PMI Insurer 3,685,868.14 Total Realized Loss 12,056,665.14 Total PMI Insurance Claim Submitted 3,688,759.24 Total PMI Insurance Claim Adjusted -7,690.50 Total PMI Insurance Claim Denied 10,581.59 Total Total PMI Insurance Claim Activity 3,685,868.15

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 18 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C2 January 25 2005 Sec 4.05(a)(xxvi) Total Advisor's Fee 1,973.16 Investor Request Details of Class R Distribution From Group 1 Distribution Account 16,118.24 From Group 2 Distribution Account 18,561.82 Total Distributions to Class R 34,680.06 Investor Request Group 1 OC Balance 2,077,028.80 Group 2 OC Balance 2,525,013.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 1 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C3 Statement to Certificateholders January 25 2005

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 2 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C3 January 25 2005 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 5,806.90 Curtailments 9.19 Prepayments 422,286.29 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Group 2 Principal Funds Scheduled Principal 29,485.46 Curtailments 1,556.21 Prepayments 2,251,705.49 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Extra Principal Paid 0.00 Supplied by Interest Funds 0.00 Interest Funds Remaining after certificates interest, Except class C 145,968.40 Group 1 Prepayment Penalties 6,761.56 Group 1 Late Payment Charges 1,209.16 Group 2 Prepayment Penalties 0.00 Group 2 Late Payment Charges 3,824.11 Sec 4.05(a)(ii) Group 1 Scheduled Interest 36,517.31 Soldiers' and Sailors Interest Adjustment 0.00 Group 2 Scheduled Interest 236,213.78 Soldiers' and Sailors Interest Adjustment 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C3 January 25 2005 Total Non-Supported Interest Shortfall 0.00 Non-Supported Interest Shortfall Allocated to A1 Class 0.00 Non-Supported Interest Shortfall Allocated to M1 Class 0.00 Non-Supported Interest Shortfall Allocated to M2 Class 0.00 Non-Supported Interest Shortfall Allocated to B Class 0.00 Non-Supported Interest Shortfall Allocated to C Class 0.00 Total Interest Shortfall resulting from Soldiers' and Sailors' Civil Relief Act 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall A1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall M1 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall M2 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall B 0.00 Soldiers' and Sailors' Civil Relief Act Shortfall C 0.00 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 4,465,981.25 Group 1 Ending Pool Stated Principal Balance 4,037,878.87 Group 2 Beginning Pool Stated Principal Balance 33,345,901.37 Group 2 Ending Pool Stated Principal Balance 31,063,154.21 Sec 4.05(a)(vi) Servicing Fee 16,022.78 Sec 4.05(a)(viii) Net Mortgage Rate 8.14499531 % Sec 4.05(a)(ix) Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 22,572.62 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 2,864.60 Group 1 Nonrecoverable Interest Advances 0.00 Group 1 Nonrecoverable Principal Advances 0.00 Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 137,554.09 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 16,561.82 Group 2 Nonrecoverable Interest Advances -23.90 Group 2 Nonrecoverable Principal Advances -748.34

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C3 January 25 2005 Sec 4.05(a)(x)&(xi) Current Group 1 Realized Loss 24,448.86 Current Group 2 Realized Loss 40,008.32 Current Applied Realized Loss 0.00 Cumulative Group 1 Realized Loss 547,036.87 Cumulative Group 2 Realized Loss 2,238,914.99 Cumulative Applied Realized Loss 425.39 Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 2 185,021.69 4.58 % 2 Month 0 0.00 0.00 % 3 Month 3 221,616.62 5.49 % Total 5 406,638.31 10.07 % Group 2 Principal Category Number Balance Percentage 1 Month 13 1,343,245.96 4.32 % 2 Month 3 234,253.48 0.75 % 3 Month 12 1,677,026.19 5.40 % Total 28 3,254,525.63 10.47 % Group Totals Principal Category Number Balance Percentage 1 Month 15 1,528,267.65 4.35 % 2 Month 3 234,253.48 0.67 % 3 Month 15 1,898,642.81 5.41 % Total 33 3,661,163.94 10.43 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C3 January 25 2005 Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group A Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 0 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 0.00 Number of Foreclosure Loans that are 3+ Months Delinquent 4 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 546,912.05 Group 1 Total Number of Foreclosure Loans that are Delinquent 4 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 546,912.05 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 1 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 136,548.05 Number of Foreclosure Loans that are 3+ Months Delinquent 20 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 2,175,431.52 Group 2 Total Number of Foreclosure Loans that are Delinquent 21 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 2,311,979.57 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 1 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 136,548.05 Number of Foreclosure Loans that are 3+ Months Delinquent 24 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 2,722,343.57 Total Number of Foreclosure Loans that are Delinquent 25 Total Principal Balance of Foreclosure Loans that are Delinquent 2,858,891.62

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C3 January 25 2005 Sec. 4.05(a)(xiii) & (xiv) Number and Aggregate Principal Amounts of REO Loans N/A REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 06/01/2003 1157091758 grp2 189,429.16 06/01/2003 1157094304 grp2 312,503.75 12/01/2003 1157097266 grp2 82,998.20 10/01/2003 1157098134 grp2 135,762.42 Sec. 4.05(xv)&(xvi) Liquidated Loans this Period N/A Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1094402254 grp1 12/03/2004 0.00 0.00 82,953.17 1 1094497603 grp2 12/30/2004 0.00 0.00 121,293.98 2 Sec. 4.05(a)(xvii) Does a Trigger Event Exist? NO Sec. 4.05(a)(iii)&(xviii) Interest Carryforward Amount with respect to such Distribution Date Class A1 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00 Interest Carryforward Amount Paid This Period Class A1 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C3 January 25 2005 Interest Carryforward Amount Incurred This Period Class A1 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00 Remaining Interest Carryforward Amount Class A1 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00 Sec. 4.05(a)(xix) Interest Carryover Amount with respect to such Distribution Date Class A1 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00 Interest Carryover Amount Incurred This Period Class A1 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00 Interest Carryover Amount Paid This Period Class A1 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C3 January 25 2005 Remaining Interest Carryover Amount Class A1 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00 Sec. 4.05(a)(xx) Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Number of Group 2 Loans Repurchased 4 Balance of Group 2 Loans Repurchased 1,062,221.66 Sec. 4.05(a)(xxi) Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec. 4.05(a)(xxii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-C3 January 25 2005 Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a) (xxiii) Current Period: Group 1 Number of Loans paid Prepayment Penalties 2 Group 1 Prepayment Penalties Received 6,761.56 Group 1 Number of Loans paid Late Payment Charges 16 Group 1 Late Payment Charges Received 1,209.16 Group 2 Number of Loans paid Prepayment Penalties 0 Group 2 Prepayment Penalties Received 0.00 Group 2 Number of Loans paid Late Payment Charges 61 Group 2 Late Payment Charges Received 3,824.11 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 169 Group 1 Prepayment Penalties Received 666,734.83 Group 1 Number of Loans paid Late Payment Charges 1,175 Group 1 Late Payment Charges Received 83,190.19 Group 2 Number of Loans paid Prepayment Penalties 913 Group 2 Prepayment Penalties Received 4,648,389.15 Group 2 Number of Loans paid Late Payment Charges 6,743 Group 2 Late Payment Charges Received 549,269.53 Investor Request Details of Class C Ending Balance Class C Principal Balance 2,298,794.37

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 1 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-FF1 Statement to Certificateholders January 25 2005

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 2 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-FF1 January 25 2005 Sec. 4.05(a)(i) Group A Principal Funds Scheduled Principal 10,717.82 Curtailments 360.57 Prepayments 244,682.41 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Group B Principal Funds Scheduled Principal 24,821.73 Curtailments 2,084.68 Prepayments 2,839,535.33 Liquidations 30,273.48 Repurchases 0.00 Substitution principal 0.00 Extra Principal Paid 42,391.25 Supplied by Interest Funds 42,391.25 Interest Funds Remaining after certificates interest, Except class C 203,718.27 Group A Prepayment Penalties 2,981.16 Group A Late Payment Charges 1,078.87 Group B Prepayment Penalties 6,388.03 Group B Late Payment Charges 2,077.44 Sec 4.05(a)(ii) Group A Scheduled Interest 103,184.28 Group B Scheduled Interest 223,181.37 Interest adjustment due to prior periods 0.00 Group A Dividend Amount 1,726.59 Group B Dividend Amount 3,754.82

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-FF1 January 25 2005 Total Non-Supported Interest Shortfall 0.00 Non-Supported Interest Shortfall Allocated to A1 Class 0.00 Non-Supported Interest Shortfall Allocated to A2 Class 0.00 Non-Supported Interest Shortfall Allocated to M1 Class 0.00 Non-Supported Interest Shortfall Allocated to M2 Class 0.00 Non-Supported Interest Shortfall Allocated to B Class 0.00 Non-Supported Interest Shortfall Allocated to C Class 0.00 Total Interest Shortfall resulting from Soldiers' and Sailors' Civil Relief Act (SSCRA) 0.00 SSCRA Shortfall Allocated to A1 Class 0.00 SSCRA Shortfall Allocated to A2 Class 0.00 SSCRA Shortfall Allocated to M1 Class 0.00 SSCRA Shortfall Allocated to M2 Class 0.00 SSCRA Shortfall Allocated to B Class 0.00 SSCRA Shortfall Allocated to C Class 0.00 Sec 4.05(a)(v) Group A Beginning Pool Stated Principal Balance 13,441,539.80 Group A Ending Pool Stated Principal Balance 13,185,779.00 Group B Beginning Pool Stated Principal Balance 29,021,805.15 Group B Ending Pool Stated Principal Balance 26,125,089.93 Sec 4.05(a)(vi) Servicing Fee 17,993.85 Sec 4.05(a)(viii) Net Mortgage Rate 8.55958160 % Sec 4.05(a)(ix) Group A Interest Advances Reported From Chase Manhattan Mortgage Corp 52,864.44 Group A Principal Advances Reported From Chase Manhattan Mortgage Corp 5,100.53 Group A Nonrecoverable Interest Advances 231.03 Group A Nonrecoverable Principal Advances 127.26

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-FF1 January 25 2005 Group B Interest Advances Reported From Chase Manhattan Mortgage Corp 116,946.47 Group B Principal Advances Reported From Chase Manhattan Mortgage Corp 11,577.70 Group B Nonrecoverable Interest Advances 1,591.27 Group B Nonrecoverable Principal Advances 128.88 Sec 4.05(a)(x)&(xi) Current Group A Realized Loss 11,376.95 Current Group B Realized Loss 30,758.16 Current Applied Realized Loss 0.00 Cumulative Group A Realized Loss 1,445,299.63 Cumulative Group B Realized Loss 2,212,923.34 Cumulative Applied Realized Loss 0.00 Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 5 522,212.97 3.96 % 2 Month 2 150,628.28 1.14 % 3 Month 7 702,108.69 5.32 % Total 14 1,374,949.94 10.42 % Group 2 Principal Category Number Balance Percentage 1 Month 19 1,186,311.37 4.54 % 2 Month 2 231,334.86 0.89 % 3 Month 16 1,278,529.37 4.89 % Total 37 2,696,175.60 10.32 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-FF1 January 25 2005 Group Totals Principal Category Number Balance Percentage 1 Month 24 1,708,524.34 4.35 % 2 Month 4 381,963.14 0.97 % 3 Month 23 1,980,638.06 5.04 % Total 51 4,071,125.54 10.36 % Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group A Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 0 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 0.00 Number of Foreclosure Loans that are 3+ Months Delinquent 11 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 1,079,865.06 Group A Total Number of Foreclosure Loans that are Delinquent 11 Group A Total Principal Balance of Foreclosure Loans that are Delinquent 1,079,865.06 Group B Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 59,420.38 Number of Foreclosure Loans that are 2 Months Delinquent 0 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 0.00 Number of Foreclosure Loans that are 3+ Months Delinquent 21 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 2,549,768.88 Group B Total Number of Foreclosure Loans that are Delinquent 22 Group B Total Principal Balance of Foreclosure Loans that are Delinquent 2,609,189.26

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-FF1 January 25 2005 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 59,420.38 Number of Foreclosure Loans that are 2 Months Delinquent 0 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 0.00 Number of Foreclosure Loans that are 3+ Months Delinquent 32 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 3,629,633.94 Total Number of Foreclosure Loans that are Delinquent 33 Total Principal Balance of Foreclosure Loans that are Delinquent 3,689,054.32 Sec. 4.05(a)(xiii) & (xiv) Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 06/01/2003 1155078067 grp1 78,247.45 06/01/2003 1155078613 grp1 186,624.43 06/01/2004 1155094143 grp1 51,081.64 01/01/2003 1155094278 grp1 32,631.57 11/01/2003 1155079310 grp2 51,653.52 08/01/2003 1155080070 grp2 46,178.09 05/01/2004 1155082440 grp2 100,784.19 05/01/2004 1155085346 grp2 87,921.49 01/01/2004 1155088730 grp2 200,658.09 08/01/2003 1155089110 grp2 78,879.87 03/01/2003 1155094450 grp2 84,581.03 06/01/2003 1155099442 grp2 30,421.62

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-FF1 January 25 2005 Group 1 Principal Number Balance Percentage 4 348,585.09 2.64 % Group 2 Principal Number Balance Percentage 8 681,077.90 2.61 % Group Totals Principal Number Balance Percentage 12 1,029,662.99 2.62 % Sec. 4.05(xv)&(xvi) Liquidated Loans this Period Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1155080557 grp2 12/31/2004 0.00 0.00 30,273.48 2

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-FF1 January 25 2005 Sec. 4.05(a)(xvii) Does a Trigger Event Exist? NO Sec. 4.05(a)(iii)&(xviii) Interest Carryforward Amount with respect to such Distribution Date Class A1 0.00 Class A2 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00 Interest Carryforward Amount Paid This Period Class A1 0.00 Class A2 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00 Interest Carryforward Amount Incurred This Period Class A1 0.00 Class A2 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00 Remaining Interest Carryforward Amount Class A1 0.00 Class A2 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-FF1 January 25 2005 Sec. 4.05(a)(xix) Interest Carryover Amount with respect to such Distribution Date Class A1 0.00 Class A2 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00 Interest Carryover Amount Incurred This Period Class A1 0.00 Class A2 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00 Interest Carryover Amount Paid This Period Class A1 0.00 Class A1 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00 Remaining Interest Carryover Amount Class A1 0.00 Class A2 0.00 Class M1 0.00 Class M2 0.00 Class B 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-FF1 January 25 2005 Sec. 4.05(a)(xx) Current Period: Number of Group A Loans Repurchased 0 Balance of Group A Loans Repurchased 0.00 Number of Group B Loans Repurchased 0 Balance of Group B Loans Repurchased 0.00 Since the Cut-off Date: Number of Group A Loans Repurchased 1 Balance of Group A Loans Repurchased 179,171.01 Number of Group B Loans Repurchased 0 Balance of Group B Loans Repurchased 0.00 Sec. 4.05(a)(xxi) Current Period: Number of Group A Loans Modified 0 Number of Group A Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group A Loans For Which a Short Payoff Occurred 0 Number of Group B Loans Modified 0 Number of Group B Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group B Loans For Which a Short Payoff Occurred 0 Sec. 4.05(a)(xxii) Year To Date: Number of Group A Loans Modified 0 Number of Group A Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group A Loans For Which a Short Payoff Occurred 0 Number of Group B Loans Modified 0 Number of Group B Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group B Loans For Which a Short Payoff Occurred 0

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Loan Acquisition Trust Mortgage Loan Asset-Backed Certificates, Series 2001-FF1 January 25 2005 Sec 4.05(a)(xxiii) Current Period: Group A Number of Loans paid Prepayment Penalties 2 Group A Prepayment Penalties Received 2,981.16 Group A Number of Loans paid Late Payment Charges 27 Group A Late Payment Charges Received 1,078.87 Group B Number of Loans paid Prepayment Penalties 2 Group B Prepayment Penalties Received 6,388.03 Group B Number of Loans paid Late Payment Charges 61 Group B Late Payment Charges Received 2,077.44 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group A Number of Loans paid Prepayment Penalties 467 Group A Prepayment Penalties Received 1,904,088.05 Group A Number of Loans paid Late Payment Charges 3,280 Group A Late Payment Charges Received 206,045.89 Group B Number of Loans paid Prepayment Penalties 672 Group B Prepayment Penalties Received 3,154,319.24 Group B Number of Loans paid Late Payment Charges 6,281 Group B Late Payment Charges Received 400,658.11

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 1 Chase Funding Loan Acquisition Trust, Mortgage Loan Asset-Backed Certificates, Series 2002-C1 Statement to Certificateholders January 25 2005

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 2 Chase Funding Loan Acquisition Trust, Mortgage Loan Asset-Backed Certificates, Series 2002-C1 Statement to Certificateholders January 25 2005

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Loan Acquisition Trust, Mortgage Loan Asset-Backed Certificates, Series 2002-C1 January 25 2005 Sec. 4.05(a)(i) Group 1 Principal Funds Scheduled Principal 62,460.64 Curtailments 3,933.93 Prepayments 2,385,572.34 Liquidations 189,739.13 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 43,306.89 Supplied by Grp 1 Interest Funds 33,244.02 Supplied by Group 2 Funds 10,062.87 Group 1 MR Interest Paid to R 0.24 Group 1 UR Interest Paid to R 0.00 Group 1 Interest Funds Remaining After Certificate Interest 33,244.02 Group 1 Prepayment Penalties 51,931.84 Group 1 Late Payment Charges 4,827.64 Sec 4.05(a)(ii) Group 1 Scheduled Interest 268,561.12 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Group 1 Interest Adjustment related to prior distributions 0.00 Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 41,018,169.46 Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 38,376,463.42 Sec 4.05(a)(vi) Group 1 Servicing Fee 17,090.90 Sec 4.05(a)(viii) Group 1 Net Mortgage Rate 7.35684376 % Sec 4.05(a)(ix) Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 83,667.50 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 17,420.64 Group 1 Nonrecoverable Interest Advances 0.00 Group 1 Nonrecoverable Principal Advances 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Loan Acquisition Trust, Mortgage Loan Asset-Backed Certificates, Series 2002-C1 January 25 2005 Sec 4.05(a)(x)&(xi) Current Group 1 Realized Loss 43,306.89 Cumulative Group 1 Realized Loss 377,588.98 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Sec. 4.05(a)(iii)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Loan Acquisition Trust, Mortgage Loan Asset-Backed Certificates, Series 2002-C1 January 25 2005 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IA-6 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Sec. 4.05(a)(xx) Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 3 Balance of Group 1 Loans Repurchased 1,197,423.57 Sec. 4.05(a)(xxi) Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Loan Acquisition Trust, Mortgage Loan Asset-Backed Certificates, Series 2002-C1 January 25 2005 Sec. 4.05(a)(xxii) Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a) (xxiii) Current Period: Group 1 Number of Loans paid Prepayment Penalties 16 Group 1 Prepayment Penalties Received 51,931.84 Group 1 Number of Loans paid Late Payment Charges 55 Group 1 Late Payment Charges Received 4,827.64 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 836 Group 1 Prepayment Penalties Received 3,494,164.22 Group 1 Number of Loans paid Late Payment Charges 3,059 Group 1 Late Payment Charges Received 192,862.04 Sec. 4.05(a)(i) Group 2 Principal Funds Scheduled Principal 27,296.26 Curtailments 1,274.69 Prepayments 4,983,741.16 Liquidations 166,661.14 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 10,192.11 Supplied by Grp 2 Interest Funds 10,192.11 Supplied by Group 1 Funds 0.00 Group 2 MR Interest Paid to R 1.17 Group 2 UR Interest Paid to R 0.00 Group 2 Interest Funds Remaining After Certificate Interest 138,212.23 Group 2 Prepayment Penalties 6,387.14 Group 2 Late Payment Charges 8,998.31

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Loan Acquisition Trust, Mortgage Loan Asset-Backed Certificates, Series 2002-C1 January 25 2005 Sec 4.05(a)(ii) Group 2 Scheduled Interest 239,194.24 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 151.97 Group 2 Interest Adjustment related to prior distributions 0.00 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 33,720,448.60 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 28,541,475.35 Sec 4.05(a)(vi) Group 2 Servicing Fee 14,050.19 Sec 4.05(a)(vi) Group 2 Dividend Yield 0.05 Sec 4.05(a)(viii) Group 2 Net Mortgage Rate 8.01213540 % Sec 4.05(a)(ix) Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 113,674.87 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 12,811.06 Group 2 Nonrecoverable Interest Advances 0.00 Group 2 Nonrecoverable Principal Advances 0.00 Sec 4.05(a)(x)&(xi) Current Group 2 Realized Loss 10,192.11 Cumulative Group 2 Realized Loss 685,719.49 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 2 Trigger Event Exist? NO Sec. 4.05(a)(iii)(xviii) Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Loan Acquisition Trust, Mortgage Loan Asset-Backed Certificates, Series 2002-C1 January 25 2005 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Sec. 4.05(a)(xix),(xxv) and (xxvi) Interest Carryover Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Loan Acquisition Trust, Mortgage Loan Asset-Backed Certificates, Series 2002-C1 January 25 2005 Sec. 4.05(a)(xx) Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 5 Balance of Group 2 Loans Repurchased 749,345.60 Sec. 4.05(a)(xxi) Current Period: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec. 4.05(a)(xxii) Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Sec 4.05(a)(xxiii) Current Period: Group 2 Number of Loans paid Prepayment Penalties 1 Group 2 Prepayment Penalties Received 6,387.14 Group 2 Number of Loans paid Late Payment Charges 60 Group 2 Late Payment Charges Received 8,998.31 Sec 4.05(a)(xxiii) Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 764 Group 2 Prepayment Penalties Received 4,059,888.39 Group 2 Number of Loans paid Late Payment Charges 4,281 Group 2 Late Payment Charges Received 372,665.62

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 Chase Funding Loan Acquisition Trust, Mortgage Loan Asset-Backed Certificates, Series 2002-C1 January 25 2005 Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 8 790,160.91 2.06 % 2 Month 1 99,770.52 0.26 % 3 Month 6 592,886.09 1.54 % Total 15 1,482,817.52 3.86 % Group 2 Principal Category Number Balance Percentage 1 Month 9 1,317,705.58 4.62 % 2 Month 3 342,581.01 1.20 % 3 Month 3 395,370.05 1.39 % Total 15 2,055,656.64 7.21 % Group Totals Principal Category Number Balance Percentage 1 Month 17 2,107,866.49 3.15 % 2 Month 4 442,351.53 0.66 % 3 Month 9 988,256.14 1.48 % Total 30 3,538,474.16 5.29 % Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 0 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 0.00 Number of Foreclosure Loans that are 3+ Months Delinquent 8 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 688,580.19 Group 1 Total Number of Foreclosure Loans that are Delinquent 8 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 688,580.19

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 Chase Funding Loan Acquisition Trust, Mortgage Loan Asset-Backed Certificates, Series 2002-C1 January 25 2005 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 1 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 133,064.78 Number of Foreclosure Loans that are 3+ Months Delinquent 13 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 1,651,631.83 Group 2 Total Number of Foreclosure Loans that are Delinquent 14 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 1,784,696.61 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 1 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 133,064.78 Number of Foreclosure Loans that are 3+ Months Delinquent 21 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 2,340,212.02 Total Number of Foreclosure Loans that are Delinquent 22 Total Principal Balance of Foreclosure Loans that are Delinquent 2,473,276.80 Sec. 4.05(a)(xiii)&(xiv) Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 10/01/2003 1155106060 grp1 104,630.12 12/01/2003 1155113645 grp1 167,866.73 10/01/2003 1157110149 grp1 168,399.54 09/01/2003 1157122512 grp1 146,584.86 10/01/2003 1094488034 grp2 130,134.96 03/01/2004 1157108806 grp2 149,998.85 07/01/2003 1157117749 grp2 158,121.77

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 Chase Funding Loan Acquisition Trust, Mortgage Loan Asset-Backed Certificates, Series 2002-C1 January 25 2005 Sec. 4.05(xv)&(xvi) Liquidated Loans Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1157113613 grp1 12/20/2004 0.00 0.00 40,819.59 1 1157123581 grp1 12/24/2004 0.00 0.00 148,919.54 1 1094526494 grp2 12/29/2004 0.00 0.00 90,090.95 2 1157109241 grp2 12/15/2004 0.00 0.00 76,570.19 2 Investor Request Details of Class C Ending Balance Class C Group I Certificate Principal Balance 1,567,728.00 Class C Group II Certificate Principal Balance 2,800,018.00 Class C Principal Balance 4,367,746.00 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 151.97 SSCRA Interest Shortfall Allocated to Class IA-1 0.00 SSCRA Interest Shortfall Allocated to Class IA-2 0.00 SSCRA Interest Shortfall Allocated to Class IA-3 0.00 SSCRA Interest Shortfall Allocated to Class IA-4 0.00 SSCRA Interest Shortfall Allocated to Class IA-5 5.81 SSCRA Interest Shortfall Allocated to Class IA-6 32.02 SSCRA Interest Shortfall Allocated to Class IM-1 14.20 SSCRA Interest Shortfall Allocated to Class IM-2 9.72 SSCRA Interest Shortfall Allocated to Class IB 7.77 SSCRA Interest Shortfall Allocated to Class IIA-1 0.86 SSCRA Interest Shortfall Allocated to Class IIM-1 9.36 SSCRA Interest Shortfall Allocated to Class IIM-2 9.11 SSCRA Interest Shortfall Allocated to Class IIB 8.29 SSCRA Interest Shortfall Allocated to Class C 54.84

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 CHASE FUNDING LOAN ACQUISITION TRUST, SERIES 2003-C1 January 25 2005 Group 1 Principal Funds Scheduled Principal 196,919.86 Curtailments 15,081.05 Prepayments 6,555,191.38 Liquidations 142,409.45 Repurchases 0.00 Substitution principal 0.00 Group 1 Extra Principal Paid 51,217.60 Supplied by Grp 1 Interest Funds 51,217.60 Supplied by Group 2 Funds 0.00 Group 1 MR Interest Paid to R 4.05 Group 1 UR Interest Paid to R 0.00 Group 1 Interest Funds Remaining After Certificate Interest 417,436.41 Group 1 Prepayment Penalties 113,952.73 Group 1 Late Payment Charges 8,047.57 Group 1 Scheduled Interest 930,726.11 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 373.87 Group 1 Beginning Pool Stated Principal Balance 154,656,882.81 Group 1 Ending Pool Stated Principal Balance 147,747,281.07 Group 1 Servicing Fee 65,278.10 Group 1 Net Mortgage Rate 6.71510762 % Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 218,348.55 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 38,529.07 Group 1 Nonrecoverable Interest Advances 173.71 Group 1 Nonrecoverable Principal Advances 5.66

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 CHASE FUNDING LOAN ACQUISITION TRUST, SERIES 2003-C1 January 25 2005 Current Group 1 Realized Loss 51,211.94 Cumulative Group 1 Realized Loss 668,166.13 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Paid This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 CHASE FUNDING LOAN ACQUISITION TRUST, SERIES 2003-C1 January 25 2005 Remaining Interest Carryforward Amount Class IA-1 0.00 Class IA-2 0.00 Class IA-3 0.00 Class IA-4 0.00 Class IA-5 0.00 Class IM-1 0.00 Class IM-2 0.00 Class IB 0.00 Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 36 Balance of Group 1 Loans Repurchased 3,389,753.35 Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Current Period: Group 1 Number of Loans paid Prepayment Penalties 28 Group 1 Prepayment Penalties Received 113,952.73 Group 1 Number of Loans paid Late Payment Charges 169 Group 1 Late Payment Charges Received 8,047.57

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 CHASE FUNDING LOAN ACQUISITION TRUST, SERIES 2003-C1 January 25 2005 Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 661 Group 1 Prepayment Penalties Received 2,382,302.45 Group 1 Number of Loans paid Late Payment Charges 4,056 Group 1 Late Payment Charges Received 190,954.30 Group 2 Principal Funds Scheduled Principal 124,067.79 Curtailments 20,014.40 Prepayments 11,662,089.58 Liquidations 719,708.56 Repurchases 0.00 Substitution principal 0.00 Group 2 Extra Principal Paid 75,350.08 Supplied by Grp 2 Interest Funds 75,350.08 Supplied by Group 1 Funds 0.00 Group 2 MR Interest Paid to R 4.68 Group 2 UR Interest Paid to R 0.00 Group 2 Interest Funds Remaining After Certificate Interest 502,166.84 Group 2 Prepayment Penalties 161,798.99 Group 2 Late Payment Charges 14,576.93 Group 2 Scheduled Interest 919,750.95 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 106.18 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 143,469,031.64 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 130,943,151.31 Group 2 Servicing Fee 60,555.88 Group 2 Net Mortgage Rate 7.18645740 % Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 282,213.35 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 45,566.34 Group 2 Nonrecoverable Interest Advances 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 CHASE FUNDING LOAN ACQUISITION TRUST, SERIES 2003-C1 January 25 2005 Group 2 Nonrecoverable Principal Advances 0.00 Current Group 2 Realized Loss 75,350.08 Cumulative Group 2 Realized Loss 737,425.50 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Does a Group 2 Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryforward Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 CHASE FUNDING LOAN ACQUISITION TRUST, SERIES 2003-C1 January 25 2005 Interest Carryover Amount with respect to such Distribution Date Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Remaining Interest Carryover Amount Class IIA-1 0.00 Class IIA-2 0.00 Class IIM-1 0.00 Class IIM-2 0.00 Class IIB 0.00 Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 49 Balance of Group 2 Loans Repurchased 7,895,896.64

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 CHASE FUNDING LOAN ACQUISITION TRUST, SERIES 2003-C1 January 25 2005 Current Period: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Current Period: Group 2 Number of Loans paid Prepayment Penalties 28 Group 2 Prepayment Penalties Received 161,798.99 Group 2 Number of Loans paid Late Payment Charges 207 Group 2 Late Payment Charges Received 14,576.93 Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 724 Group 2 Prepayment Penalties Received 4,095,149.03 Group 2 Number of Loans paid Late Payment Charges 5,044 Group 2 Late Payment Charges Received 332,038.01 Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 12 1,127,567.07 0.76 % 2 Month 8 917,008.94 0.62 % 3 Month 10 823,615.84 0.56 % Total 30 2,868,191.85 1.94 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 10 CHASE FUNDING LOAN ACQUISITION TRUST, SERIES 2003-C1 January 25 2005 Group 2 Principal Category Number Balance Percentage 1 Month 30 3,943,861.78 3.01 % 2 Month 12 1,153,380.74 0.88 % 3 Month 14 1,633,878.14 1.25 % Total 56 6,731,120.66 5.14 % Group Totals Principal Category Number Balance Percentage 1 Month 42 5,071,428.85 1.82 % 2 Month 20 2,070,389.68 0.74 % 3 Month 24 2,457,493.98 0.88 % Total 86 9,599,312.51 3.44 % Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 1 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 54,229.72 Number of Foreclosure Loans that are 3+ Months Delinquent 17 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 1,754,485.95 Group 1 Total Number of Foreclosure Loans that are Delinquent 18 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 1,808,715.67 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 93,046.00 Number of Foreclosure Loans that are 2 Months Delinquent 5 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 1,037,515.46 Number of Foreclosure Loans that are 3+ Months Delinquent 36 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 4,101,606.03 Group 2 Total Number of Foreclosure Loans that are Delinquent 42 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 5,232,167.49

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 11 CHASE FUNDING LOAN ACQUISITION TRUST, SERIES 2003-C1 January 25 2005 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 93,046.00 Number of Foreclosure Loans that are 2 Months Delinquent 6 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 1,091,745.18 Number of Foreclosure Loans that are 3+ Months Delinquent 53 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 5,856,091.98 Total Number of Foreclosure Loans that are Delinquent 60 Total Principal Balance of Foreclosure Loans that are Delinquent 7,040,883.16 Number and Aggregate Principal Amounts of REO Loans N/A REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE 04/01/2003 15076797 grp1 104,015.67 08/01/2003 15145402 grp2 133,871.48 09/01/2003 15862675 grp2 203,077.28 11/01/2003 15916372 grp2 84,688.45 Liquidated Loans N/A Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # 1155164362 grp1 12/31/2004 0.00 0.00 142,409.45 1 15599202 grp2 12/09/2004 0.00 0.00 69,234.59 2 15599905 grp2 12/17/2004 0.00 0.00 127,120.08 2 15859812 grp2 12/17/2004 0.00 0.00 73,776.49 2 15863442 grp2 12/15/2004 0.00 0.00 381,179.70 2 15896855 grp2 12/31/2004 0.00 0.00 68,397.70 2

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 12 CHASE FUNDING LOAN ACQUISITION TRUST, SERIES 2003-C1 January 25 2005 Investor Request Details of Class C Ending Balance Class C Group I Certificate Principal Balance 2,280,000.00 Class C Group II Certificate Principal Balance 3,622,500.00 Class C Principal Balance 5,902,500.00 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 480.05 SSCRA Interest Shortfall Allocated to Class IA-1 0.00 SSCRA Interest Shortfall Allocated to Class IA-2 13.68 SSCRA Interest Shortfall Allocated to Class IA-3 23.93 SSCRA Interest Shortfall Allocated to Class IA-4 31.99 SSCRA Interest Shortfall Allocated to Class IA-5 20.01 SSCRA Interest Shortfall Allocated to Class IM-1 11.21 SSCRA Interest Shortfall Allocated to Class IM-2 11.25 SSCRA Interest Shortfall Allocated to Class IB 12.50 SSCRA Interest Shortfall Allocated to Class IIA-1 0.00 SSCRA Interest Shortfall Allocated to Class IIA-2 59.28 SSCRA Interest Shortfall Allocated to Class IIM-1 12.13 SSCRA Interest Shortfall Allocated to Class IIM-2 12.29 SSCRA Interest Shortfall Allocated to Class IIB 15.67 SSCRA Interest Shortfall Allocated to Class C 256.09

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Loan Acquisition Trust, Series 2003-C2 January 25 2005 Group 1 Principal Funds Scheduled Principal 393,477.32 Curtailments 25,227.98 Prepayments 932,422.63 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Group 1 Prepayment Penalties 15,764.55 Group 1 Late Payment Charges 1,092.13 Group 1 Scheduled Interest 367,791.58 Group 1 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Group 1 Beginning Pool Stated Principal Balance 86,101,627.46 Group 1 Ending Pool Stated Principal Balance 84,750,499.53 Group 1 Servicing Fee 18,619.48 Group 1 Net Mortgage Rate 4.86641812% Group 1 Interest Advances Reported From Chase Manhattan Mortgage Corp 34,285.40 Group 1 Principal Advances Reported From Chase Manhattan Mortgage Corp 37,643.17 Group 1 Nonrecoverable Interest Advances 0.00 Group 1 Nonrecoverable Principal Advances 0.00 Current Group 1 Realized Loss 0.00 Cumulative Group 1 Realized Loss 0.00 Current Group 1 Applied Realized Loss 0.00 Cumulative Group 1 Applied Realized Loss 0.00 Interest Carryforward Amount with respect to such Distrbution Date Class IA 0.00 Interest Carryforward Amount Paid This Period Class IA 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Loan Acquisition Trust, Series 2003-C2 January 25 2005 Interest Carryforward Amount Occured This Period Class IA-1 0.00 Remaining Interest Carryforward Amount Class IA-1 0.00 Current Period: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 1 Loans Repurchased 0 Balance of Group 1 Loans Repurchased 0.00 Current Period: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Year To Date: Number of Group 1 Loans Modified 0 Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 1 Loans For Which a Short Payoff Occurred 0 Current Period: Group 1 Number of Loans paid Prepayment Penalties 8 Group 1 Prepayment Penalties Received 15,764.55 Group 1 Number of Loans paid Late Payment Charges 23 Group 1 Late Payment Charges Received 1,092.13 Since the Cut-off Date: Group 1 Number of Loans paid Prepayment Penalties 55 Group 1 Prepayment Penalties Received 102,171.26 Group 1 Number of Loans paid Late Payment Charges 267 Group 1 Late Payment Charges Received 12,849.95

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Loan Acquisition Trust, Series 2003-C2 January 25 2005 Group 2 Principal Funds Scheduled Principal 236,585.20 Curtailments 23,004.12 Prepayments 2,907,722.78 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Group 2 Prepayment Penalties 48,263.65 Group 2 Late Payment Charges 2,255.09 Group 2 Scheduled Interest 823,865.71 Group 2 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 173,406,752.61 Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 170,239,440.51 Group 2 Servicing Fee 37,499.21 Group 2 Net Mortgage Rate 5.44177078% Group 2 Interest Advances Reported From Chase Manhattan Mortgage Corp 100,169.45 Group 2 Principal Advances Reported From Chase Manhattan Mortgage Corp 28,394.84 Group 2 Nonrecoverable Interest Advances 0.00 Group 2 Nonrecoverable Principal Advances 0.00 Current Group 2 Realized Loss 0.00 Cumulative Group 2 Realized Loss 0.00 Current Group 2 Applied Realized Loss 0.00 Cumulative Group 2 Applied Realized Loss 0.00 Interest Carryforward Amount with respect to such Distrbution Date Class IIA-1 0.00 Interest Carryforward Amount Paid This Period Class IIA-1 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Loan Acquisition Trust, Series 2003-C2 January 25 2005 Interest Carryforward Amount Occured This Period Class IIA-1 0.00 Remaining Interest Carryforward Amount Class IIA-1 0.00 Interest Carryover Amount with respect to such Distrbution Date Class IIA-1 0.00 Interest Carryover Amount Occured This Period Class IIA-1 0.00 Interest Carryover Amount Paid This Period Class IIA-1 0.00 Remaining Interest Carryover Amount Class IIA-1 0.00 Current Period: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Since the Cut-off Date: Number of Group 2 Loans Repurchased 0 Balance of Group 2 Loans Repurchased 0.00 Current Period: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0 Year To Date: Number of Group 2 Loans Modified 0 Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Group 2 Loans For Which a Short Payoff Occurred 0

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Loan Acquisition Trust, Series 2003-C2 January 25 2005 Current Period: Group 2 Number of Loans paid Prepayment Penalties 13 Group 2 Prepayment Penalties Received 48,263.65 Group 2 Number of Loans paid Late Payment Charges 53 Group 2 Late Payment Charges Received 2,255.09 Since the Cut-off Date: Group 2 Number of Loans paid Prepayment Penalties 135 Group 2 Prepayment Penalties Received 433,618.19 Group 2 Number of Loans paid Late Payment Charges 684 Group 2 Late Payment Charges Received 31,081.62 Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group 1 Principal Category Number Balance Percentage 1 Month 0 0.00 0.00 % 2 Month 0 0.00 0.00 % 3 Month 0 0.00 0.00 % Total 0 0.00 0.00 % Group 2 Principal Category Number Balance Percentage 1 Month 2 261,734.40 0.15 % 2 Month 0 0.00 0.00 % 3 Month 0 0.00 0.00 % Total 2 261,734.40 0.15 % Group Totals Principal Category Number Balance Percentage 1 Month 2 261,734.40 0.10 % 2 Month 0 0.00 0.00 % 3 Month 0 0.00 0.00 % Total 2 261,734.40 0.10 %

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Loan Acquisition Trust, Series 2003-C2 January 25 2005 Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Group 1 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 0 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 0.00 Number of Foreclosure Loans that are 3+ Months Delinquent 0 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 0.00 Group 1 Total Number of Foreclosure Loans that are Delinquent 0 Group 1 Total Principal Balance of Foreclosure Loans that are Delinquent 0.00 Group 2 Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 0 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 0.00 Number of Foreclosure Loans that are 3+ Months Delinquent 1 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 69,724.45 Group 2 Total Number of Foreclosure Loans that are Delinquent 1 Group 2 Total Principal Balance of Foreclosure Loans that are Delinquent 69,724.45 Group Totals Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 0 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 0.00 Number of Foreclosure Loans that are 3+ Months Delinquent 1 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 69,724.45 Total Number of Foreclosure Loans that are Delinquent 1 Total Principal Balance of Foreclosure Loans that are Delinquent 69,724.45

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 9 Chase Funding Loan Acquisition Trust, Series 2003-C2 January 25 2005 Number and Aggregate Principal Amounts of REO Loans N/A REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE Liquidated Loans N/A Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 0.00

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Loan Acquisition Trust, Series 2004-AQ1 January 25 2005 Principal Funds Scheduled Principal 527,216.07 Curtailments 34,595.99 Prepayments 15,719,107.27 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Extra Principal Paid 7.75 Supplied by Interest Funds 7.75 MR Interest Paid to R 12.49 UR Interest Paid to R 0.00 Interest Funds Remaining After Certificate Interest 1,345,514.72 Prepayment Penalties 268,909.28 Late Payment Charges 0.00 Scheduled Interest 3,236,353.25 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Beginning Pool Stated Principal Balance 563,687,898.97 Ending Pool Stated Principal Balance 547,406,979.64 Servicing Fee 237,688.43 PMI Insurer's Fee 356,648.77 Tax on PMI Insurer's Fee 92.97 Net Mortgage Rate 5.62422522 % Interest Advances Reported From Chase Manhattan Mortgage Corp 262,545.62 Principal Advances Reported From Chase Manhattan Mortgage Corp 36,854.38 Nonrecoverable Interest Advances 0.00 Nonrecoverable Principal Advances 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Loan Acquisition Trust, Series 2004-AQ1 January 25 2005 Current Realized Loss 7.75 Cumulative Realized Loss 15.50 Current Applied Realized Loss 0.00 Cumulative Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Trigger Event Exist? NO Interest Carryforward Amount with respect to such Distribution Date Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 0.00 Class B-4 0.00 Class B-5 0.00 Interest Carryforward Amount Paid This Period Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 0.00 Class B-4 0.00 Class B-5 0.00 Interest Carryforward Amount Occured This Period Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Loan Acquisition Trust, Series 2004-AQ1 January 25 2005 Class B-1 0.00 Class B-2 0.00 Class B-3 0.00 Class B-4 0.00 Class B-5 0.00 Remaining Interest Carryforward Amount Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 0.00 Class B-4 0.00 Class B-5 0.00 Amount of YM w/respect to Senior Certificates 0.00 Amount of YM w/respect to Subordinate Certificates 0.00 Interest Carryover Amount with respect to such Distribution Date Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 0.00 Class B-4 0.00 Class B-5 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Loan Acquisition Trust, Series 2004-AQ1 January 25 2005 Interest Carryover Amount Occured This Period Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 368.82 Class B-4 417.95 Class B-5 245.82 Interest Carryover Amount Paid This Period Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 368.82 Class B-4 417.95 Class B-5 245.82 Remaining Interest Carryover Amount Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 0.00 Class B-4 0.00 Class B-5 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Loan Acquisition Trust, Series 2004-AQ1 January 25 2005 Current Period: Number of Loans Repurchased 0 Balance of Loans Repurchased 0.00 Since the Cut-off Date: Number of Loans Repurchased 0 Balance of Loans Repurchased 0.00 Current Period: Number of Loans Modified 0 Number of Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Loans For Which a Short Payoff Occurred 0 Year To Date: Number of Loans Modified 0 Number of Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Loans For Which a Short Payoff Occurred 0 Current Period: Number of Loans paid Prepayment Penalties 43 Prepayment Penalties Received 268,909.28 Number of Loans paid Late Payment Charges 0 Late Payment Charges Received 0.00 Since the Cut-off Date: Number of Loans paid Prepayment Penalties 196 Prepayment Penalties Received 1,177,518.09 Number of Loans paid Late Payment Charges 99 Late Payment Charges Received 6,401.40

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Loan Acquisition Trust, Series 2004-AQ1 January 25 2005 Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group Totals Principal Category Number Balance Percentage 1 Month 46 7,514,656.55 1.37 % 2 Month 12 1,902,514.17 0.35 % 3 Month 3 554,730.74 0.10 % Total 61 9,971,901.46 1.82 % Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Number of Foreclosure Loans that are 1 Month Delinquent 1 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 233,601.25 Number of Foreclosure Loans that are 2 Months Delinquent 2 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 280,800.52 Number of Foreclosure Loans that are 3+ Months Delinquent 24 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 3,288,955.74 Total Number of Foreclosure Loans that are Delinquent 27 Total Principal Balance of Foreclosure Loans that are Delinquent 3,803,357.51 Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE Liquidated Loans Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # Investor Request Details of Overcollateralization Amount Ending Overcollateralization Amount 11,060,606.00 Targeted Overcollateralization Amount 11,060,606.00 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 0.00

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW: Janet M Russo JPMorgan Chase Bank, N.A. - Structured Finance Services 4 New York Plaza, 6th Floor, New York, New York 10004 Tel: (212) 623-4508 Fax: (212) 623-5930 Email: janet.russo@chase.com Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 3 Chase Funding Loan Acquisition Trust, Series 2004-OPT1 January 25 2005 Principal Funds Scheduled Principal 312,365.00 Curtailments 18,662.64 Prepayments 9,228,943.79 Liquidations 0.00 Repurchases 0.00 Substitution principal 0.00 Extra Principal Paid 0.00 Supplied by Interest Funds 0.00 Interest Funds Remaining After Certificate Interest 1,025,836.84 Prepayment Penalties 178,468.53 Scheduled Interest 1,886,035.46 Adjustment to interest due to Soldiers' & Sailors' Civil Relief Act 0.00 Beginning Pool Stated Principal Balance 327,395,068.07 Ending Pool Stated Principal Balance 317,835,096.64 Servicing Fee 138,597.20 Net Mortgage Rate 6.40487935 % Interest Advances Reported From Chase Manhattan Mortgage Corp 611,863.61 Principal Advances Reported From Chase Manhattan Mortgage Corp 97,584.68 Nonrecoverable Interest Advances 0.00 Nonrecoverable Principal Advances 0.00 Current Realized Loss 0.00 Cumulative Realized Loss 0.00 Current Applied Realized Loss 0.00 Cumulative Applied Realized Loss 0.00 Sec. 4.05(a)(xvii) Does a Trigger Event Exist? NO

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 4 Chase Funding Loan Acquisition Trust, Series 2004-OPT1 January 25 2005 Interest Carryforward Amount with respect to such Distribution Date Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 0.00 Class B-4 0.00 Interest Carryforward Amount Paid This Period Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 0.00 Class B-4 0.00 Interest Carryforward Amount Occured This Period Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 0.00 Class B-4 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 5 Chase Funding Loan Acquisition Trust, Series 2004-OPT1 January 25 2005 Remaining Interest Carryforward Amount Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 0.00 Class B-4 0.00 Amount of YM w/respect to Offered Certificates 0.00 Interest Carryover Amount with respect to such Distribution Date Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 0.00 Class B-4 0.00 Interest Carryover Amount Occured This Period Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 0.00 Class B-4 0.00

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 6 Chase Funding Loan Acquisition Trust, Series 2004-OPT1 January 25 2005 Interest Carryover Amount Paid This Period Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 0.00 Class B-4 0.00 Remaining Interest Carryover Amount Class A-1 0.00 Class A-2 0.00 Class M-1 0.00 Class M-2 0.00 Class M-3 0.00 Class B-1 0.00 Class B-2 0.00 Class B-3 0.00 Class B-4 0.00 Current Period: Number of Loans Repurchased 0 Balance of Loans Repurchased 0.00 Since the Cut-off Date: Number of Loans Repurchased 0 Balance of Loans Repurchased 0.00 Current Period: Number of Loans Modified 0 Number of Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Loans For Which a Short Payoff Occurred 0

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 7 Chase Funding Loan Acquisition Trust, Series 2004-OPT1 January 25 2005 Year To Date: Number of Loans Modified 0 Number of Loans Subject to a Deed In Lieu of Foreclosure 0 Number of Loans For Which a Short Payoff Occurred 0 Current Period: Number of Loans paid Prepayment Penalties 33 Prepayment Penalties Received 178,468.53 Since the Cut-off Date: Number of Loans paid Prepayment Penalties 73 Prepayment Penalties Received 376,425.00 Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency (exclusive of Mortgage Loans in Foreclosure) Group Totals Principal Category Number Balance Percentage 1 Month 21 3,028,336.62 0.95 % 2 Month 9 1,245,539.21 0.39 % 3 Month 1 209,377.54 0.07 % Total 31 4,483,253.37 1.41 % Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure Number of Foreclosure Loans that are 1 Month Delinquent 0 Principal Balance of Foreclosure Loans that are 1 Month Delinquent 0.00 Number of Foreclosure Loans that are 2 Months Delinquent 4 Principal Balance of Foreclosure Loans that are 2 Months Delinquent 800,460.61 Number of Foreclosure Loans that are 3+ Months Delinquent 4 Principal Balance of Foreclosure Loans that are 3+ Months Delinquent 537,491.80 Total Number of Foreclosure Loans that are Delinquent 8 Total Principal Balance of Foreclosure Loans that are Delinquent 1,337,952.41

Copyright (C) 2001 J.P. Morgan Chase & Co. All rights reserved. Page 8 Chase Funding Loan Acquisition Trust, Series 2004-OPT1 January 25 2005 Number and Aggregate Principal Amounts of REO Loans REO PROPERTY DATE BE- LOAN PRINCIPAL COME REO NUMBER BALANCE Liquidated Loans Prepays LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP # Investor Request Details of Overcollateralization Amount Ending Overcollateralization Amount 9,561,751.31 Targeted Overcollateralization Amount 9,561,751.31 Interest Shortfall Total Non-Supported Interest Shortfall 0.00 Total Interest Shortfall from Soldiers' and Sailors' Civil Relief Act (SSCRA) 0.00

CHASE FUNDING INC 8-K