Fitch Affirms 6 RMBS Classes from Citicorp HE Loan Trust 2003-HE1

Business Wire, April 6, 2006

NEW YORK -- Fitch has affirmed the following ratings on Citicorp Home Equity Loan Trust 2003-HE1:

-- Class A affirmed at 'AAA';

-- Class M-1 'AA';

-- Class M-2 'A';

-- Class M-3 'A-';

-- Class M-4 'BBB';

-- Class M-5 'BBB-'.

The pool consists of fixed-rate and adjustable-rate mortgage loans extended to subprime borrowers, secured by first liens, primarily on one to four-family residential properties. As of the March 2006 distribution date, the transaction is seasoned 35 months and the pool factor (current mortgage loan principal outstanding as a percentage of the initial pool) is approximately 21%. The loans are serviced by Litton Loan Servicing (rated 'RPS1' by Fitch), and were deposited in the trust by Salomon Brothers Mortgage Securities VII, Inc.

The affirmations reflect a stable relationship between credit enhancement (CE) and future loss expectations and affect approximately $45.56 million of outstanding certificates.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, 'www.fitchratings.com'. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.