~~===========================================================================================~~SECURITIES ~~Initial~~AND ~~Certificate~~EXCHANGE ~~Principal~~COMMISSION ~~Balance~~Washington, D.C. 20549 FORM 8-K Current Report Pursuant To Section 13 or ~~Class~~15(d) ~~Notional~~of ~~Amount~~the ~~Pass-Through~~Securities ~~Rate~~Exchange ~~-------------------------------------------------------------------------------------------~~Act AFof ~~$50~~1934 Date of Report (Date of earliest event reported): May 27,~~000~~ 2003 LONG BEACH SECURITIES CORP (as depositor,~~000.00~~ ~~3.60%~~Long ~~-------------------------------------------------------------------------------------------~~Beach AVMortgage ~~$695~~Company,~~730~~ as Master Servicer,~~000~~ and Deutsche Bank National Trust Company, as Trustee).00 ~~Variable~~LONG ~~-------------------------------------------------------------------------------------------~~BEACH SLOAN 2003-12 ~~Notional~~(Exact ~~4.25%~~name of Registrant as specified in its Charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-90550-05 33-~~----------------------------------------------------------------------------------------~~0917586 (Commission File Number) (I.R.S-2. ~~Notional~~Employer 4Identification No.~~25%~~) ~~-------------------------------------------------------------------------------------------~~1100 ~~M-1~~Town ~~$61~~and Country Road Orange,~~600~~ California 92868 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number,~~000.00~~ ~~Variable~~Including ~~-------------------------------------------------------------------------------------------~~Area MCode: (714) 541-25378 ~~$50,490,000~~Item 5.00 ~~Variable~~Other ~~-------------------------------------------------------------------------------------------~~Events ~~M-3~~Attached ~~$10~~hereto is a copy of the Monthly Remittance Statements to the Certificateholders which was derived from the monthly information submitted by the Master Servicer of the Trust to the Trustee. Item 7. Financial Statement and Exhibits Exhibits: (as noted in Item 5 above) Monthly Remittance Statement to the Certificateholders dated as of May 27,~~190,000~~ 2003.00 ~~Variable~~SIGNATURE ~~-------------------------------------------------------------------------------------------~~Pursuant ~~M-4~~to ~~$13~~the requirements of the Securities Exchange Act of 1934,~~430~~ the Registrant has duly caused this report to be signed on its behalf by the undersigned,~~000~~ hereunto duly authorized.00 ~~Variable~~Deutsche ~~-------------------------------------------------------------------------------------------~~Bank ~~M-5~~National $9Trust Company,~~730~~ not in its individual capacity,~~000.00~~ ~~Variable~~but ~~-------------------------------------------------------------------------------------------~~solely Cas ~~~$35~~a duly authorized agent of the Registrant pursuant to the Pooling and Servicing Agreement,~~200~~ dated as of April 1,~~850~~2003.24 ~~Variable~~Date: ~~-------------------------------------------------------------------------------------------~~Jun P02, ~~$100.00~~2003 NBy: /As/ ~~-------------------------------------------------------------------------------------------~~David RCo ~~100.00%~~David ~~N/A~~Co ~~-------------------------------------------------------------------------------------------~~Vice ~~R-CX~~President ~~100.00%~~EXHIBIT ~~N/A~~INDEX ~~-------------------------------------------------------------------------------------------~~DOCUMENT ~~R-PX~~Monthly ~~100.00%~~Remittance ~~N/A~~Statement ~~===========================================================================================~~to the Certificateholders dated as of May 27, 2003.

Sequentially Exhibit No. Description Numbered Page ----------- --------------------------------------------------- -------------- 4.1 Pooling and Servicing Agreement, dated as of April 7 1, 2003, by and among Long Beach Securities Corp. as Depositor, Long Beach Mortgage Company as Master Servicer and Deutsche Bank National Trust Company as Trustee, relating to the Series 2003-2 Certificates.


	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates


	May 27, 2003 Distribution


	Contents



			TABLE OF CONTENTS

								Page

			1.	Contents				1
			2.	Certificate Payment Report				2
			3.	Collection Account Report				8
			4.	Credit Enhancement Report				11
			5.	Collateral Report				12
			6.	Delinquency Report				15
			7.	REO Report				18
			8.	Foreclosure Report				19
			9.	Prepayment Report				20
			10.	Prepayment Detail Report				23
			11.	Realized Loss Report				24
			12.	Realized Loss Detail Report				27
			13.	Triggers, Adj. Rate Cert. and Miscellaneous Report				28




				Total Number of Pages				28



			CONTACTS

				Administrator: Valerie Delgado
				Direct Phone Number: (714)247-6273
				Address: Deutsche Bank
				1761 E. St. Andrew Place, Santa Ana, CA 92705

				Web Site: https://www.corporatetrust.db.com/invr
				Factor Information: (800) 735-7777
				Main Phone Number: (714) 247-6000



ISSUANCE INFORMATION

	Seller:		Long Beach Mortgage Corp.					Cut-Off Date: April 1, 2003
	Certificate Insurer(s):							Closing Date: April 4, 2003
								First Payment Date: May 27, 2003
	Servicer(s):		Washington Mutual Bank Master Servicer


								Distribution Date: May 27, 2003
	Underwriter(s):		Greenwich Capital Markets Co-Lead Underwriter					Record Date: May 23, 2003
			Banc One Capital Markets Co-Lead Underwriter					April 30, 2003






						Page 1 of 28					© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	REMIC III Series 2003-2
	Certificate Payment Report for May 27, 2003 Distribution


	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)

AF	STEP	50,000,000.00			50,000,000.00	150,000.00	877,705.78	1,027,705.78	-	-	49,122,294.22
AV	FLT	695,730,000.00			695,730,000.00	1,659,316.05	5,619,930.79	7,279,246.84	-	-	690,110,069.21
M-1	MEZ	61,600,000.00			61,600,000.00	192,260.44	-	192,260.44	-	-	61,600,000.00
M-2	MEZ	50,490,000.00			50,490,000.00	237,864.00	-	237,864.00	-	-	50,490,000.00
M-3	MEZ	10,190,000.00			10,190,000.00	53,256.90	-	53,256.90	-	-	10,190,000.00
M-4	MEZ	13,430,000.00			13,430,000.00	80,076.38	-	80,076.38	-	-	13,430,000.00
M-5	MEZ	9,730,000.00			9,730,000.00	72,339.85	-	72,339.85	-	-	9,730,000.00
S-1	IO	6,500,000.00			6,500,000.00	23,020.83	-	23,020.83	-	-	6,500,000.00
S-2	IO	143,500,000.00			143,500,000.00	508,229.17	-	508,229.17	-	-	143,500,000.00
LT3-C		35,200,850.24			35,200,850.24	3,016,659.75	-	3,016,659.75	-	1,245.87	35,202,096.11
LT3-P		100.00			100.00	44,227.01	-	44,227.01	-	-	100.00
R-3	R	-			-	-	-	-	-	-	-


Total		1,076,370,950.24			1,076,370,950.24	6,037,250.38	6,497,636.57	12,534,886.95	-	1,245.87	1,069,874,559.54


	Interest Accrual Detail				Current Period Factor Information per $1,000 of Original Face
						Orig. Principal	Prior				Current
	Period	Period				(with Notional)	Principal			Total	Principal
Class	Starting	Ending		Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
							(1)	(2)	(3)	(4)=(2)+(3)	(5)

AF				F-30/360	542514DQ4	50,000,000.00	1,000.000000	3.000000	17.554116	20.554116	982.445884
AV	04/04/03	05/26/03		A-Act/360	542514DS0	695,730,000.00	1,000.000000	2.385000	8.077747	10.462747	991.922253
M-1	04/04/03	05/26/03		A-Act/360	542514DU5	61,600,000.00	1,000.000000	3.121111	-	3.121111	1,000.000000
M-2	04/04/03	05/26/03		A-Act/360	542514DV3	50,490,000.00	1,000.000000	4.711111	-	4.711111	1,000.000000
M-3	04/04/03	05/26/03		A-Act/360	542514DW1	10,190,000.00	1,000.000000	5.226389	-	5.226389	1,000.000000
M-4	04/04/03	05/26/03		A-Act/360	542514DX9	13,430,000.00	1,000.000000	5.962500	-	5.962500	1,000.000000
M-5	04/04/03	05/26/03		A-Act/360	542514DY7	9,730,000.00	1,000.000000	7.434723	-	7.434723	1,000.000000
S-1				A-30/360	542514DR2	6,500,000.00	1,000.000000	3.541666	-	3.541666	1,000.000000
S-2				A-30/360	542514DT8	143,500,000.00	1,000.000000	3.541667	-	3.541667	1,000.000000
LT3-C				-		35,200,850.24	1,000.000000	85.698491	-	85.698491	1,000.035393
LT3-P				-		100.00	1,000.000000	442,270.100000	-	442,270.100000	1,000.000000
R-3				-	LB0302303	-	-	-	-	-	-


							Page 2 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	REMIC III Series 2003-2
	Certificate Payment Report for May 27, 2003 Distribution


	Distribution in Dollars - to Date
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)

AF	50,000,000.00		150,000.00		815,831.57	61,874.21	877,705.78	1,027,705.78	-	-	49,122,294.22
AV	695,730,000.00		1,659,316.05		4,983,385.04	636,545.75	5,619,930.79	7,279,246.84	-	-	690,110,069.21
M-1	61,600,000.00		192,260.44		-	-	-	192,260.44	-	-	61,600,000.00
M-2	50,490,000.00		237,864.00		-	-	-	237,864.00	-	-	50,490,000.00
M-3	10,190,000.00		53,256.90		-	-	-	53,256.90	-	-	10,190,000.00
M-4	13,430,000.00		80,076.38		-	-	-	80,076.38	-	-	13,430,000.00
M-5	9,730,000.00		72,339.85		-	-	-	72,339.85	-	-	9,730,000.00
S-1	6,500,000.00		23,020.83		-	-	-	23,020.83	-	-	6,500,000.00
S-2	143,500,000.00		508,229.17		-	-	-	508,229.17	-	-	143,500,000.00
LT3-C	35,200,850.24		3,016,659.75		-	-	-	3,016,659.75	-	1,245.87	35,202,096.11
LT3-P	100.00		44,227.01		-	-	-	44,227.01	-	-	100.00
R-3	-		-		-	-	-	-	-	-	-


Total	1,076,370,950.24		6,037,250.38		5,799,216.61	698,419.96	6,497,636.57	12,534,886.95	-	1,245.87	1,069,874,559.54


	Interest Detail
	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance			Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
					(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)

AF	3.60000%	50,000,000.00			150,000.00	-	-	-	150,000.00	150,000.00	-
AV	1.62000%	695,730,000.00			1,659,316.05	-	-	-	1,659,316.05	1,659,316.05	-
M-1	2.12000%	61,600,000.00			192,260.44	-	-	-	192,260.44	192,260.44	-
M-2	3.20000%	50,490,000.00			237,864.00	-	-	-	237,864.00	237,864.00	-
M-3	3.55000%	10,190,000.00			53,256.90	-	-	-	53,256.90	53,256.90	-
M-4	4.05000%	13,430,000.00			80,076.38	-	-	-	80,076.38	80,076.38	-
M-5	5.05000%	9,730,000.00			72,339.85	-	-	-	72,339.85	72,339.85	-
S-1	4.25000%	6,500,000.00			23,020.83	-	-	-	23,020.83	23,020.83	-
S-2	4.25000%	143,500,000.00			508,229.17	-	-	-	508,229.17	508,229.17	-
LT3-C		35,200,850.24			3,016,659.75	-	-	-	3,016,659.75	3,017,905.62	-
LT3-P		100.00			44,227.01	-	-	-	44,227.01	44,227.01	-
R-3		-			-	-	-	-	-	-	-


Total		1,076,370,950.24			6,037,250.38	-	-	-	6,037,250.38	6,038,496.25	-


							Page 3 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	REMIC CX Series 2003-2
	Certificate Payment Report for May 27, 2003 Distribution


	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)

C	SUB	35,200,850.24			35,200,850.24	3,016,659.75	-	3,016,659.75	-	1,245.87	35,202,096.11
R-CX	R	-			-	-	-	-	-	-	-


Total		35,200,850.24			35,200,850.24	3,016,659.75	-	3,016,659.75	-	1,245.87	35,202,096.11


	Interest Accrual Detail				Current Period Factor Information per $1,000 of Original Face
						Orig. Principal	Prior				Current
	Period	Period				(with Notional)	Principal			Total	Principal
Class	Starting	Ending		Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
							(1)	(2)	(3)	(4)=(2)+(3)	(5)

C				-	LB0302301	35,200,850.24	1,000.000000	85.698491	-	85.698491	1,000.035393
R-CX				-	LB0302304	-	-	-	-	-	-


							Page 4 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	REMIC CX Series 2003-2
	Certificate Payment Report for May 27, 2003 Distribution


	Distribution in Dollars - to Date
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)

C	35,200,850.24		3,016,659.75		-	-	-	3,016,659.75	-	1,245.87	35,202,096.11
R-CX	-		-		-	-	-	-	-	-	-


Total	35,200,850.24		3,016,659.75		-	-	-	3,016,659.75	-	1,245.87	35,202,096.11


	Interest Detail
	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance			Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
					(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)

C		35,200,850.24			3,016,659.75	-	-	-	3,016,659.75	3,017,905.62	-
R-CX		-			-	-	-	-	-	-	-


Total		35,200,850.24			3,016,659.75	-	-	-	3,016,659.75	3,017,905.62	-


							Page 5 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	REMIC PX Series 2003-2
	Certificate Payment Report for May 27, 2003 Distribution


	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)

P	EXE	100.00			100.00	44,227.01	-	44,227.01	-	-	100.00
R-PX	R	-			-	-	-	-	-	-	-


Total		100.00			100.00	44,227.01	-	44,227.01	-	-	100.00


	Interest Accrual Detail				Current Period Factor Information per $1,000 of Original Face
						Orig. Principal	Prior				Current
	Period	Period				(with Notional)	Principal			Total	Principal
Class	Starting	Ending		Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
							(1)	(2)	(3)	(4)=(2)+(3)	(5)

P				-	LB0302302	100.00	1,000.000000	442,270.100000	-	442,270.100000	1,000.000000
R-PX				-	LB0302305	-	-	-	-	-	-


							Page 6 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	REMIC PX Series 2003-2
	Certificate Payment Report for May 27, 2003 Distribution


	Distribution in Dollars - to Date
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)

P	100.00		44,227.01		-	-	-	44,227.01	-	-	100.00
R-PX	-		-		-	-	-	-	-	-	-


Total	100.00		44,227.01		-	-	-	44,227.01	-	-	100.00


	Interest Detail
	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance			Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
					(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)

P		100.00			44,227.01	-	-	-	44,227.01	44,227.01	-
R-PX		-			-	-	-	-	-	-	-


Total		100.00			44,227.01	-	-	-	44,227.01	44,227.01	-


							Page 7 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Collection Account Report for May 27, 2003 Distribution


	Collection Account Report


SUMMARY						GROUP II	GROUP I	TOTAL

	Principal Collections					5,618,853.21	877,537.49	6,496,390.70

	TOTAL NET PRINCIPAL					5,618,853.21	877,537.49	6,496,390.70

	Interest Collections					5,878,104.63	417,737.86	6,295,842.49
	Interest Withdrawals					0.00	0.00	0.00
	Interest Other Accounts					44,227.01	0.00	44,227.01
	Interest Fees					(278,632.34)	(22,940.92)	(301,573.26)

	TOTAL NET INTEREST					5,643,699.30	394,796.94	6,038,496.24

	TOTAL AVAILABLE FUNDS FOR DISTRIBUTION					11,262,552.51	1,272,334.43	12,534,886.94


PRINCIPAL - COLLECTIONS						GROUP II	GROUP I	TOTAL

	Scheduled Principal					636,423.70	61,862.35	698,286.05
	Prepayments In Full					4,943,162.23	810,823.91	5,753,986.14
	Curtailments					39,267.28	4,851.23	44,118.51
	Liquidations					0.00	0.00	0.00
	Insurance Principal					0.00	0.00	0.00
	Repurchased Principal Amounts					0.00	0.00	0.00
	Other Principal					0.00	0.00	0.00
	Total Realized Loss Of Principal					0.00	0.00	0.00
	Delinquent Principal					(120,346.65)	(5,919.65)	(126,266.30)
	Advanced Principal					120,346.65	5,919.65	126,266.30

	TOTAL PRINCIPAL COLLECTED					5,618,853.21	877,537.49	6,496,390.70


				Page 8 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Collection Account Report for May 27, 2003 Distribution


	Collection Account Report


PRINCIPAL - WITHDRAWALS						GROUP II	GROUP I	TOTAL
SPACE INTENTIONALLY LEFT BLANK


PRINCIPAL - OTHER ACCOUNTS						GROUP II	GROUP I	TOTAL
SPACE INTENTIONALLY LEFT BLANK


INTEREST - COLLECTIONS						GROUP II	GROUP I	TOTAL

	Scheduled Interest					5,961,199.19	420,882.02	6,382,081.21
	Liquidation Interest					0.00	0.00	0.00
	Repurchased Interest					0.00	0.00	0.00
	Insurance Interest					0.00	0.00	0.00
	Other Interest					0.00	0.00	0.00
	Relief Act Interest Shortfalls					0.00	(87.13)	(87.13)
	Prepayment Interest Shortfalls					(22,812.22)	(2,453.87)	(25,266.09)
	Compensating Interest					22,812.22	2,453.87	25,266.09
	Delinquent Interest					(1,506,361.53)	(53,234.89)	(1,559,596.42)
	Interest Advanced					1,423,266.97	50,177.86	1,473,444.83

	TOTAL INTEREST COLLECTED					5,878,104.63	417,737.86	6,295,842.49


				Page 9 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Collection Account Report for May 27, 2003 Distribution


	Collection Account Report


INTEREST - WITHDRAWALS						GROUP II	GROUP I	TOTAL

	Extraordinary Trust Fund Expenses					0.00	0.00	0.00



	TOTAL INTEREST WITHDRAWALS					0.00	0.00	0.00


INTEREST - OTHER ACCOUNTS						GROUP II	GROUP I	TOTAL

	Prepayment Charges					44,227.01	0.00	44,227.01



	TOTAL INTEREST OTHER ACCOUNTS					44,227.01	0.00	44,227.01


INTEREST - FEES						GROUP II	GROUP I	TOTAL

	Current Servicing Fees					277,011.86	22,824.45	299,836.31
	Trustee Fee					1,620.48	116.47	1,736.95

	TOTAL INTEREST OTHER FEES					278,632.34	22,940.92	301,573.26


				Page 10 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Credit Enhancement Report for May 27, 2003 Distribution


	Credit Enhancement Report


ACCOUNTS						GROUP II	GROUP I	TOTAL
SPACE INTENTIONALLY LEFT BLANK


INSURANCE						GROUP II	GROUP I	TOTAL
SPACE INTENTIONALLY LEFT BLANK


STRUCTURAL FEATURES						GROUP II	GROUP I	TOTAL

	Overcollateralized Amount - Prior Period							35,200,850.24
	Current Period Losses							0.00
	Overcollateralized Amount - After Current Losses							35,200,850.24

	Overcollateralization Increase Amount							1,245.87
	Overcollateralization Reduction Amount							0.00
	Overcollateralized Amount - Ending							35,202,096.11

	OC Deficiency Amount - Ending							0.00
	Required Overcollateralized Amount							35,202,096.11


				Page 11 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Collateral Report for May 27, 2003 Distribution


	Collateral Report


COLLATERAL						GROUP II	GROUP I	TOTAL
	Loan Count:
	*Original*					4559	482	5041
	Prior					-	-	-
	Prefunding					-	-	-
	Scheduled Paid Offs					-	-	-
	Full Voluntary Prepayments					(17)	(4)	(21)
	Repurchases					-	-	-
	Liquidations					-	-	-
	Current					4,542	478	5,020

	*Principal Balance:*
	Original					864,255,399.16	62,115,551.08	926,370,950.24
	Prior					-	-	-
	Prefunding					-	-	-
	Scheduled Principal					(636,423.70)	(61,862.35)	(698,286.05)
	Partial and Full Voluntary Prepayments					(4,982,429.51)	(815,675.14)	(5,798,104.65)
	Repurchases					-	-	-
	Liquidations					-	-	-
	Current					858,636,545.95	61,238,013.59	919,874,559.54

PREFUNDING						GROUP II	GROUP I	TOTAL
SPACE INTENTIONALLY LEFT BLANK


	Group I
	Group II
Current Prin Balance by Groups (in millions of dollars)					Total Current Principal Balance (in millions of dollars)


				Page 12 of 28				© COPYRIGHT 2003 Deutsche Bank
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	Collateral Report for May 27, 2003 Distribution


	Collateral Report


CHARACTERISTICS						GROUP II	GROUP I	TOTAL

	Weighted Average Coupon Original					8.276997%	8.130950%	8.267204%
	Weighted Average Coupon Prior
	Weighted Average Coupon Current					8.276997%	8.130950%	8.267204%
	Weighted Average Months to Maturity Original					351	323	349
	Weighted Average Months to Maturity Prior					-	-	-
	Weighted Average Months to Maturity Current					351	323	349
	Weighted Avg Remaining Amortization Term Original					350	322	349
	Weighted Avg Remaining Amortization Term Prior					-	-	-
	Weighted Avg Remaining Amortization Term Current					350	322	349
	Weighted Average Seasoning Original					2.98	2.92	2.98
	Weighted Average Seasoning Prior					-	-	-
	Weighted Average Seasoning Current					2.98	2.92	2.98

Note: Original information refers to deal issue.


	Group I
	Group II
WAC by Groups					Total WAC


WARAT by Groups					Total WARAT


Note: Dates correspond to distribution dates.
				Page 13 of 28				© COPYRIGHT 2003 Deutsche Bank
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	Collateral Report for May 27, 2003 Distribution


	Collateral Report


ARM CHARACTERISTICS						GROUP II	GROUP I	TOTAL

	Weighted Average Margin Original					4.446%
	Weighted Average Margin Prior
	Weighted Average Margin Current					4.446%
	Weighted Average Max Rate Original					13.144%	8.093%
	Weighted Average Max Rate Prior
	Weighted Average Max Rate Current					13.144%	8.093%
	Weighted Average Min Rate Original					6.759%
	Weighted Average Min Rate Prior
	Weighted Average Min Rate Current					6.759%
	Weighted Average Cap Up Original					0.810%
	Weighted Average Cap Up Prior
	Weighted Average Cap Up Current					0.810%
	Weighted Average Cap Down Original					0.810%
	Weighted Average Cap Down Prior
	Weighted Average Cap Down Current					0.810%

Note: Original information refers to deal issue.

SERVICING FEES / ADVANCES						GROUP II	GROUP I	TOTAL

	Current Servicing Fees					277,011.86	22,824.45	299,836.31
	Delinquent Servicing Fees					83,094.56	3,057.03	86,151.59
	TOTAL SERVICING FEES					360,106.42	25,881.48	385,987.90


	Compensating Interest					(22,812.22)	(2,453.87)	(25,266.09)
	Delinquent Servicing Fees					(83,094.56)	(3,057.03)	(86,151.59)
	COLLECTED SERVICING FEES					254,199.64	20,370.58	274,570.22
	Total Advances					1,543,613.62	56,097.51	1,599,711.13

	Current Nonrecoverable Advances					0.00	0.00	0.00


ADDITIONAL COLLATERAL INFORMATION						GROUP II	GROUP I	TOTAL

	Net Prepayment Interest Shortfall					0.00	0.00	0.00


				Page 14 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
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	Delinquency Report for May 27, 2003 Distribution


	Delinquency Report - Total


				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			6,193,238.43	-	-	6,193,238.43
		% Balance			0.67%	0.00%	0.00%	0.67%
		# Loans			31	-	-	31
		% # Loans			0.62%	0.00%	0.00%	0.62%
FORECLOSURE		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
BANKRUPTCY		Balance		980,420.63	-	-	-	980,420.63
		% Balance		0.11%	0.00%	0.00%	0.00%	0.11%
		# Loans		5	-	-	-	5
		% # Loans		0.10%	0.00%	0.00%	0.00%	0.10%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%

TOTAL		Balance		980,420.63	6,193,238.43	-	-	7,173,659.06
		% Balance		0.11%	0.67%	0.00%	0.00%	0.78%
		# Loans		5	31	-	-	36
		% # Loans		0.10%	0.62%	0.00%	0.00%	0.72%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent


Total Foreclosure					Total Bankruptcy and REO


Note: Dates correspond to distribution dates.
				Page 15 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Delinquency Report for May 27, 2003 Distribution


	Delinquency Report - Group I Group


				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			-	-	-	-
		% Balance			0.00%	0.00%	0.00%	0.00%
		# Loans			-	-	-	-
		% # Loans			0.00%	0.00%	0.00%	0.00%
FORECLOSURE		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
BANKRUPTCY		Balance		55,728.93	-	-	-	55,728.93
		% Balance		0.09%	0.00%	0.00%	0.00%	0.09%
		# Loans		1	-	-	-	1
		% # Loans		0.21%	0.00%	0.00%	0.00%	0.21%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%

TOTAL		Balance		55,728.93	-	-	-	55,728.93
		% Balance		0.09%	0.00%	0.00%	0.00%	0.09%
		# Loans		1	-	-	-	1
		% # Loans		0.21%	0.00%	0.00%	0.00%	0.21%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent


Total Foreclosure					Total Bankruptcy and REO


Note: Dates correspond to distribution dates.
				Page 16 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Delinquency Report for May 27, 2003 Distribution


	Delinquency Report - Group II Group


				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			6,193,238.43	-	-	6,193,238.43
		% Balance			0.72%	0.00%	0.00%	0.72%
		# Loans			31	-	-	31
		% # Loans			0.68%	0.00%	0.00%	0.68%
FORECLOSURE		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
BANKRUPTCY		Balance		924,691.70	-	-	-	924,691.70
		% Balance		0.11%	0.00%	0.00%	0.00%	0.11%
		# Loans		4	-	-	-	4
		% # Loans		0.09%	0.00%	0.00%	0.00%	0.09%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%

TOTAL		Balance		924,691.70	6,193,238.43	-	-	7,117,930.13
		% Balance		0.11%	0.72%	0.00%	0.00%	0.83%
		# Loans		4	31	-	-	35
		% # Loans		0.09%	0.68%	0.00%	0.00%	0.77%
Note: <1 Payment = 0-29days, 1 Payment = 30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent


Total Foreclosure					Total Bankruptcy and REO


Note: Dates correspond to distribution dates.
				Page 17 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	REO Report for May 27, 2003 Distribution


	REO Report - Mortgage Loans that Become REO During Current Distribution


SUMMARY				LOAN GROUP

Total Loan Count = 0				Loan Group 1 = Group I Group; REO Book Value = 000.00
Total Original Principal Balance = 000.00				Loan Group 2 = Group II Group; REO Book Value = 000.00
Total Current Balance = 000.00
REO Book Value = 000.00

REO Book Value reported corresponds to total REO loans, including loans that become REO during current distribution.

Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK


				Page 18 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Foreclosure Report for May 27, 2003 Distribution


	Foreclosure Report - Mortgage Loans that Become Foreclosure During Current Distribution


SUMMARY				LOAN GROUP

Total Loan Count = 0				Loan Group 1 = Group I Group
Total Original Principal Balance = 000.00				Loan Group 2 = Group II Group
Total Current Balance = 000.00


Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK


				Page 19 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Prepayment Report for May 27, 2003 Distribution


	Prepayment Report - Voluntary Prepayments


VOLUNTARY PREPAYMENTS						GROUP II	GROUP I	TOTAL

	*Current*
	Number of Paid in Full Loans					17	4	21
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					17	4	21

	Paid in Full Balance					4,943,162.23	810,823.91	5,753,986.14
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					39,267.28	4,851.23	44,118.51
	Total Prepayment Amount					4,982,429.51	815,675.14	5,798,104.65

	*Cumulative*
	Number of Paid in Full Loans					17	4	21
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					17	4	21

	Paid in Full Balance					4,943,162.23	810,823.91	5,753,986.14
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					39,267.28	4,851.23	44,118.51
	Total Prepayment Amount					4,982,429.51	815,675.14	5,798,104.65

SPACE INTENTIONALLY LEFT BLANK


Total Prepayments by Groups (in thousands of dollars)					Total Prepayments (in thousands of dollars)


				Page 20 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Prepayment Report for May 27, 2003 Distribution


	Prepayment Report - Voluntary Prepayments


VOLUNTARY PREPAYMENT RATES						GROUP II	GROUP I	TOTAL

	SMM					0.58%	1.31%	0.63%
	3 Months Avg SMM
	12 Months Avg SMM
	Avg SMM Since Cut-off					0.58%	1.31%	0.63%

	CPR					6.71%	14.68%	7.26%
	3 Months Avg CPR
	12 Months Avg CPR
	Avg CPR Since Cut-off					6.71%	14.68%	7.26%

	PSA					1123.92%	2516.15%	1218.76%
	3 Months Avg PSA Approximation
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation					1123.92%	2516.15%	1218.76%



	Group I
	Group II


CPR by Groups					Total CPR


PSA by Groups					Total PSA


				Page 21 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Prepayment Report for May 27, 2003 Distribution


	Prepayment Report - Voluntary Prepayments

	Group I
	Group II

CPR Avg since Cut-Off by Groups					Total CPR Avg since Cut-Off


PSA Avg since Cut-Off by Groups					Total PSA Avg since Cut-Off


PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases)/(Beg Principal Balance - Sched Principal)
Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)
PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))
Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn) * (1-SMMn+1) .......(1-SMMm)]^(1/months in period n,m)
Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)
Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m))
Average WASn,m: (min(30,WASn)+min(30,WASn+1)+.......+min(30,WASm)/(number of months in the period n,m)
Weighted Average Seasoning (WAS)

Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.
Dates correspond to distribution dates.

				Page 22 of 28				© COPYRIGHT 2003 Deutsche Bank


	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Prepayment Detail Report for May 27, 2003 Distribution


	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution


SUMMARY						LOAN GROUP

Total Loan Count = 21						Loan Group 1 = Group I Group
Total Original Principal Balance = 5,762,890.00						Loan Group 2 = Group II Group
Total Prepayment Amount = 5,753,986.14


Loan Number			Original			Current	State &	Type Prepayment
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Original Term	Date

73598799 1			160,000.00	159,470.76	Apr-07-03	7.000%	CA - 84.21%	Paid Off - 360	Nov-20-02
74182288 1			62,690.00	62,558.28	Apr-29-03	11.750%	NV - 20.00%	Paid Off - 240	Jan-09-03
74253634 1			570,000.00	569,521.13	Apr-17-03	6.875%	MD - 75.00%	Paid Off - 360	Feb-05-03
74329178 1			19,300.00	19,273.74	Apr-03-03	9.750%	AZ - 20.00%	Paid Off - 240	Feb-24-03
73658544 2			142,500.00	142,225.06	Apr-02-03	9.650%	RI - 75.00%	Paid Off - 360	Dec-06-02
73674426 2			112,000.00	111,896.17	Apr-01-03	9.800%	CT - 61.88%	Paid Off - 360	Jan-03-03
73681132 2			400,000.00	398,705.02	Apr-04-03	5.600%	CA - 64.00%	Paid Off - 360	Dec-31-02
73688194 2			50,000.00	49,904.64	Apr-11-03	8.300%	TX - 58.82%	Paid Off - 360	Dec-30-02
74060385 2			500,000.00	499,240.53	Apr-17-03	7.400%	CA - 79.62%	Paid Off - 360	Jan-24-03
74167727 2			48,000.00	47,884.87	Apr-16-03	10.750%	CA - 20.00%	Paid Off - 240	Jan-13-03
74168451 2			232,000.00	231,717.91	Apr-09-03	8.500%	MA - 80.00%	Paid Off - 360	Jan-14-03
74171497 2			131,750.00	131,505.57	Apr-24-03	6.400%	RI - 85.00%	Paid Off - 360	Jan-15-03
74182619 2			324,000.00	322,980.29	Apr-07-03	5.750%	CA - 80.00%	Paid Off - 360	Dec-31-02
74190497 2			211,500.00	210,992.08	Apr-09-03	7.150%	CA - 90.00%	Paid Off - 360	Jan-10-03
74203134 2			460,000.00	459,141.51	Apr-08-03	6.350%	CA - 80.00%	Paid Off - 360	Jan-16-03
74226978 2			436,500.00	435,782.31	Apr-04-03	7.000%	CA - 90.00%	Paid Off - 360	Jan-13-03
74240987 2			558,000.00	557,684.89	Apr-01-03	8.840%	CA - 90.00%	Paid Off - 360	Feb-25-03
74244955 2			195,500.00	195,413.33	Apr-17-03	9.990%	CA - 85.00%	Paid Off - 360	Feb-18-03
74297342 2			524,000.00	523,412.83	Apr-08-03	5.375%	NV - 80.00%	Paid Off - 360	Feb-11-03
74314428 2			582,250.00	581,826.45	Apr-09-03	7.600%	UT - 85.00%	Paid Off - 360	Feb-25-03
74324336 2			42,900.00	42,848.77	Apr-16-03	10.750%	AL - 20.00%	Paid Off - 240	Feb-24-03


					Page 23 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Realized Loss Report for May 27, 2003 Distribution


	Realized Loss Report - Collateral


COLLATERAL REALIZED LOSSES						GROUP II	GROUP I	TOTAL

	*Current*
	Number of Loans Liquidated					-	-	-
	Collateral Realized Loss/(Gain) Amount					-	-	-
	Net Liquidation Proceeds					-	-	-

	*Cumulative*
	Number of Loans Liquidated					-	-	-
	Collateral Realized Loss/(Gain) Amount					-	-	-
	Net Liquidation Proceeds					-	-	-

	Note: Collateral Realized Loss Amount may include adjustments to loans liquidated in prior periods.


	Cumulative Loss Percentage							0.000000%

	Current Loan Level losses in Current Period							0.00
	Current Recoveries or Losses from Prior Periods							0.00
	Current Total Losses							0.00


	Group I						3 Months Moving Average
	Group II

Collateral Loss Severity Approximation by Groups					Collateral Loss Severity Approximation


				Page 24 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Realized Loss Report for May 27, 2003 Distribution


	Realized Loss Report - Collateral


DEFAULT SPEEDS						GROUP II	GROUP I	TOTAL

	MDR					0.00%	0.00%	0.00%
	3 Months Avg MDR
	12 Months Avg MDR
	Avg MDR Since Cut-off					0.00%	0.00%	0.00%

	CDR					0.00%	0.00%	0.00%
	3 Months Avg CDR
	12 Months Avg CDR
	Avg CDR Since Cut-off					0.00%	0.00%	0.00%

	SDA					0.00%	0.00%	0.00%
	3 Months Avg SDA Approximation
	12 Months Avg SDA Approximation
	Avg SDA Since Cut-off Approximation					0.00%	0.00%	0.00%

	Loss Severity Approximation for Current Period
	3 Months Avg Loss Severity Approximation
	12 Months Avg Loss Severity Approximation
	Avg Loss Severity Approximation Since Cut-off

	Group I
	Group II
CDR by Groups					Total CDR


SDA by Groups					Total SDA


				Page 25 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Realized Loss Report for May 27, 2003 Distribution


	Realized Loss Report - Collateral

	Group I
	Group II

CDR Avg since Cut-Off by Groups					Total CDR Avg since Cut-Off


SDA Avg since Cut-Off by Groups					Total SDA Avg since Cut-Off


COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))
Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn) * (1-MDRn+1) .......(1-MDRm)]^(1/months in period n,m)
Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
Average SDA Approximation over period between the nth month and mth month:
AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))
Average WASn,m: (WASn + WASn+1 +.......+ WASm )/(number of months in the period n,m)
Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)
Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
Dates correspond to distribution dates.

				Page 26 of 28				© COPYRIGHT 2003 Deutsche Bank


	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Realized Loss Detail Report for May 27, 2003 Distribution


	Realized Loss Detail Report - Loans Liquidated During Current Distribution


SUMMARY						LOAN GROUP

Total Loan Count = 0						Loan Group 1 = Group I Group
Total Original Principal Balance = 0.00						Loan Group 2 = Group II Group
Total Prior Principal Balance = 0.00
Total Realized Loss Amount = 0.00
Total Net Liquidation Proceeds = 0.00
Note: Total Realized Loss Amount may include adjustments to loans liquidated in prior periods.

Loan Number			Original	Prior		Current	State &
&		Loan	Principal	Principal	Realized	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Balance	Loss/(Gain)	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK


					Page 27 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates

	Triggers, Adj. Rate Cert. and Miscellaneous Report for May 27, 2003 Distribution


	Triggers, Adj. Rate Cert. and Miscellaneous Report


TRIGGER EVENTS						GROUP II	GROUP I	TOTAL

	Trigger Event in effect							No
	Stepdown Date has occurred							No

	Balances 60+ days							0.00
	Beginning Pool Balance							926,370,950.24
	Delinquency Percentage							0.00%
	Cumulative Loss Percentage							0.000000%
	Credit Enhancement Percentage							19.499840%


ADJUSTABLE RATE CERTIFICATE INFORMATION						GROUP II	GROUP I	TOTAL

	NET WAC CARRYOVER AMOUNTS
	Class AV							0.00
	Class M-1							0.00
	Class M-2							0.00
	Class M-3							0.00
	Class M-4							0.00
	Class M-5							0.00

	Class AF Next Pass-Through Rate							3.600000%
	Class AV Next Pass-Through Rate							1.640000%
	Class M-1 Next Pass-Through Rate							2.140000%
	Class M-2 Next Pass-Through Rate							3.220000%
	Class M-3 Next Pass-Through Rate							3.570000%
	Class M-4 Next Pass-Through Rate							4.070000%
	*Class M-5 Next Pass-Through Rate*							5.070000%

ADDITIONAL INFORMATION						GROUP II	GROUP I	TOTAL

	Libor for Current Period							1.300000%
	Libor Date for Current Period							Apr-02-2003

	Libor for Next Period							1.320000%
	Libor Date for Next Period							May-22-2003

	Reserve Fund Balance							1,000.00
	Guarantor Deficiency Amount							0.00
	Guarantor Reimbursement Amount							0.00
	Payments Received from the Guarantor							0.00

	Master Servicer Prepayment Charges							0.00



				Page 28 of 28				© COPYRIGHT 2003 Deutsche Bank

Filing Compare · LONG BEACH LOAN 2003-2