SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): ~~May~~June 2725, 2003 LONG BEACH SECURITIES CORP (as depositor, Long Beach Mortgage Company, as Master Servicer, and Deutsche Bank National Trust Company, as Trustee). LONG BEACH LOAN 2003-2 (Exact 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. Employer Identification No.) 1100 Town and Country Road Orange, California 92868 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (714) 541-5378 Item 5. Other Events Attached hereto is a copy of the Monthly Remittance Statements to the Certificateholders which was derived from the monthly information submitted by the Master Servicer of the Trust to the Trustee. Item 7. Financial Statement and Exhibits Exhibits: (as noted in Item 5 above) Monthly Remittance Statement to the Certificateholders dated as of ~~May~~June 2725, 2003. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Deutsche Bank National Trust Company, not in its individual capacity, but solely as a duly authorized agent of the Registrant pursuant to the Pooling and Servicing Agreement, dated as of April 1,2003. Date: ~~Jun~~Jul 02, 2003 By: /s/ David Co David Co Vice President EXHIBIT INDEX DOCUMENT Monthly Remittance Statement to the Certificateholders dated as of ~~May~~June 2725, 2003.

	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	May 27, 2003 Distribution
	June 25, 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
								Distribution Date: June 25, 2003
	Underwriter(s):		Greenwich Capital Markets Co-Lead Underwriter					Record Date: ~~May~~June 2324, 2003
			Banc One Capital Markets Co-Lead Underwriter					~~April~~May 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
	Certificate Payment Report for June 25, 2003 Distribution
	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
AF	STEP	50,000,000.00			5049,~~000~~122,~~000~~294.0022	~~150~~147,~~000~~366.0088	~~877~~149,~~705~~559.7881	1296,~~027,705~~926.7869	-	-	4948,~~122~~972,~~294~~734.2241
AV	FLT	695,730,000.00			~~695~~690,~~730~~110,~~000~~069.0021	1911,~~659,316~~712.0508	59,~~619~~676,~~930~~430.7939	710,~~279~~588,~~246~~142.8447	-	-	~~690~~680,~~110~~433,~~069~~638.2182
M-1	MEZ	61,600,000.00			61,600,000.00	~~192~~106,~~260~~191.4456	-	~~192~~106,~~260~~191.4456	-	-	61,600,000.00
M-2	MEZ	50,490,000.00			50,490,000.00	~~237~~130,~~864~~965.0045	-	~~237~~130,~~864~~965.0045	-	-	50,490,000.00
M-3	MEZ	10,190,000.00			10,190,000.00	5329,~~256~~304.9074	-	5329,~~256~~304.9074	-	-	10,190,000.00
M-4	MEZ	13,430,000.00			13,430,000.00	8044,~~076~~031.3875	-	8044,~~076~~031.3875	-	-	13,430,000.00
M-5	MEZ	9,730,000.00			9,730,000.00	7239,~~339~~738.8594	-	7239,~~339~~738.8594	-	-	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~~202,~~850~~096.2411	34,016,~~659~~521.7571	-	34,016,~~659~~521.7571	-	~~1,245.87~~-	35,202,096.11
LT3-P		100.00			100.00	4485,~~227~~098.0160	-	4485,~~227~~098.0160	-	-	100.00
R-3	R	-			-	-	-	-	-	-	-
Total		1,076,370,950.24			1,~~076~~069,~~370~~874,~~950~~559.2454	6,~~037~~042,~~250~~181.3871	69,~~497~~825,~~636~~990.5720	1215,~~534~~868,~~886~~171.9591	-	~~1,245.87~~-	1,~~069~~060,~~874~~048,~~559~~569.5434
	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~~982.~~000000~~445884	32.~~000000~~947338	172.~~554116~~991196	205.~~554116~~938534	~~982~~979.~~445884~~454688
AV	0405/0427/03	0506/2624/03		A-Act/360	542514DS0	695,730,000.00	~~1,000~~991.~~000000~~922253	21.~~385000~~310440	813.~~077747~~908313	1015.~~462747~~218752	~~991~~978.~~922253~~013940
M-1	0405/0427/03	0506/2624/03		A-Act/360	542514DU5	61,600,000.00	1,000.000000	31.~~121111~~723889	-	31.~~121111~~723889	1,000.000000
M-2	0405/0427/03	0506/2624/03		A-Act/360	542514DV3	50,490,000.00	1,000.000000	42.~~711111~~593889	-	42.~~711111~~593889	1,000.000000
M-3	0405/0427/03	0506/2624/03		A-Act/360	542514DW1	10,190,000.00	1,000.000000	52.~~226389~~875833	-	52.~~226389~~875833	1,000.000000
M-4	0405/0427/03	0506/2624/03		A-Act/360	542514DX9	13,430,000.00	1,000.000000	53.~~962500~~278611	-	53.~~962500~~278611	1,000.000000
M-5	0405/0427/03	0506/2624/03		A-Act/360	542514DY7	9,730,000.00	1,000.000000	74.~~434723~~084166	-	74.~~434723~~084166	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~~035393	85114.~~698491~~102974	-	85114.~~698491~~102974	1,000.035393
LT3-P				-		100.00	1,000.000000	~~442~~850,~~270~~986.~~100000~~000000	-	~~442~~850,~~270~~986.~~100000~~000000	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
	Certificate Payment Report for June 25, 2003 Distribution
	Distribution in Dollars - to Date
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
AF	50,000,000.00		~~150~~297,~~000~~366.0088		~~815~~903,~~831~~193.5706	61124,~~874~~072.2153	~~877~~1,~~705~~027,265.7859	1,~~027~~324,~~705~~632.7847	-	-	4948,~~122~~972,~~294~~734.2241
AV	695,730,000.00		12,~~659~~571,~~316~~028.0513		414,~~983~~025,~~385~~316.0405	~~636~~1,~~545~~271,045.7513	515,~~619~~296,~~930~~361.7918	717,~~279~~867,~~246~~389.8431	-	-	~~690~~680,~~110~~433,~~069~~638.2182
M-1	61,600,000.00		~~192~~298,~~260~~452.4400		-	-	-	~~192~~298,~~260~~452.4400	-	-	61,600,000.00
M-2	50,490,000.00		~~237~~368,~~864~~829.0045		-	-	-	~~237~~368,~~864~~829.0045	-	-	50,490,000.00
M-3	10,190,000.00		5382,~~256~~561.9064		-	-	-	5382,~~256~~561.9064	-	-	10,190,000.00
M-4	13,430,000.00		80124,~~076~~108.3813		-	-	-	80124,~~076~~108.3813	-	-	13,430,000.00
M-5	9,730,000.00		72112,~~339~~078.8579		-	-	-	72112,~~339~~078.8579	-	-	9,730,000.00
S-1	6,500,000.00		2346,~~020~~041.8366		-	-	-	2346,~~020~~041.8366	-	-	6,500,000.00
S-2	143,500,000.00		~~508~~1,~~229~~016,458.1734		-	-	-	~~508~~1,~~229~~016,458.1734	-	-	143,500,000.00
LT3-C	35,200,850.24		37,~~016~~033,~~659~~181.7546		-	-	-	37,~~016~~033,~~659~~181.7546	-	1,245.87	35,202,096.11
LT3-P	100.00		44129,~~227~~325.0161		-	-	-	44129,~~227~~325.0161	-	-	100.00
R-3	-		-		-	-	-	-	-	-	-
Total	1,076,370,950.24		612,~~037~~079,~~250~~432.3809		514,~~799~~928,~~216~~509.6111	~~698~~1,~~419~~395,117.9666	616,~~497~~323,~~636~~626.5777	1228,~~534~~403,~~886~~058.9586	-	1,245.87	1,~~069~~060,~~874~~048,~~559~~569.5434
	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%	5049,~~000~~122,~~000~~294.0022			~~150~~147,~~000~~366.0088	-	-	-	~~150~~147,~~000~~366.0088	~~150~~147,~~000~~366.0088	-
AV	1.~~62000~~64000%	~~695~~690,~~730~~110,~~000~~069.0021			1911,~~659,316~~712.0508	-	-	-	1911,~~659,316~~712.0508	1911,~~659,316~~712.0508	-
M-1	2.~~12000~~14000%	61,600,000.00			~~192~~106,~~260~~191.4456	-	-	-	~~192~~106,~~260~~191.4456	~~192~~106,~~260~~191.4456	-
M-2	3.~~20000~~22000%	50,490,000.00			~~237~~130,~~864~~965.0045	-	-	-	~~237~~130,~~864~~965.0045	~~237~~130,~~864~~965.0045	-
M-3	3.~~55000~~57000%	10,190,000.00			5329,~~256~~304.9074	-	-	-	5329,~~256~~304.9074	5329,~~256~~304.9074	-
M-4	4.~~05000~~07000%	13,430,000.00			8044,~~076~~031.3875	-	-	-	8044,~~076~~031.3875	8044,~~076~~031.3875	-
M-5	5.~~05000~~07000%	9,730,000.00			7239,~~339~~738.8594	-	-	-	7239,~~339~~738.8594	7239,~~339~~738.8594	-
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~~202,~~850~~096.2411			34,016,~~659~~521.7571	-	-	-	34,016,~~659~~521.7571	34,~~017~~016,~~905~~521.6271	-
LT3-P		100.00			4485,~~227~~098.0160	-	-	-	4485,~~227~~098.0160	4485,~~227~~098.0160	-
R-3		-			-	-	-	-	-	-	-
Total		1,~~076~~069,~~370~~874,~~950~~559.2454			6,~~037~~042,~~250~~181.3871	-	-	-	6,~~037~~042,~~250~~181.3871	6,~~038~~042,~~496~~181.2571	-
							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
	Certificate Payment Report for June 25, 2003 Distribution
	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
C	SUB	35,200,850.24			35,~~200~~202,~~850~~096.2411	34,016,~~659~~521.7571	-	34,016,~~659~~521.7571	-	~~1,245.87~~-	35,202,096.11
R-CX	R	-			-	-	-	-	-	-	-
Total		35,200,850.24			35,~~200~~202,~~850~~096.2411	34,016,~~659~~521.7571	-	34,016,~~659~~521.7571	-	~~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~~035393	85114.~~698491~~102974	-	85114.~~698491~~102974	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
	Certificate Payment Report for June 25, 2003 Distribution
	Distribution in Dollars - to Date
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
C	35,200,850.24		37,~~016~~033,~~659~~181.7546		-	-	-	37,~~016~~033,~~659~~181.7546	-	1,245.87	35,202,096.11
R-CX	-		-		-	-	-	-	-	-	-
Total	35,200,850.24		37,~~016~~033,~~659~~181.7546		-	-	-	37,~~016~~033,~~659~~181.7546	-	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~~202,~~850~~096.2411			34,016,~~659~~521.7571	-	-	-	34,016,~~659~~521.7571	34,~~017~~016,~~905~~521.6271	-
R-CX		-			-	-	-	-	-	-	-
Total		35,~~200~~202,~~850~~096.2411			34,016,~~659~~521.7571	-	-	-	34,016,~~659~~521.7571	34,~~017~~016,~~905~~521.6271	-
							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
	Certificate Payment Report for June 25, 2003 Distribution
	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)
P	EXE	100.00			100.00	4485,~~227~~098.0160	-	4485,~~227~~098.0160	-	-	100.00
R-PX	R	-			-	-	-	-	-	-	-
Total		100.00			100.00	4485,~~227~~098.0160	-	4485,~~227~~098.0160	-	-	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~~850,~~270~~986.~~100000~~000000	-	~~442~~850,~~270~~986.~~100000~~000000	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
	Certificate Payment Report for June 25, 2003 Distribution
	Distribution in Dollars - to Date
											Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)
P	100.00		44129,~~227~~325.0161		-	-	-	44129,~~227~~325.0161	-	-	100.00
R-PX	-		-		-	-	-	-	-	-	-
Total	100.00		44129,~~227~~325.0161		-	-	-	44129,~~227~~325.0161	-	-	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			4485,~~227~~098.0160	-	-	-	4485,~~227~~098.0160	4485,~~227~~098.0160	-
R-PX		-			-	-	-	-	-	-	-
Total		100.00			4485,~~227~~098.0160	-	-	-	4485,~~227~~098.0160	4485,~~227~~098.0160	-
							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 for June 25, 2003 Distribution
	Collection Account Report
SUMMARY						GROUP II	GROUP I	TOTAL
	Principal Collections					59,~~618~~676,~~853~~430.2139	~~877~~149,~~537~~559.4981	69,~~496~~825,~~390~~990.7020
	TOTAL NET PRINCIPAL					59,~~618~~676,~~853~~430.2139	~~877~~149,~~537~~559.4981	69,~~496~~825,~~390~~990.7020
	Interest Collections					5,~~878~~810,~~104~~747.6348	~~417~~411,~~737~~048.8651	6,~~295~~221,~~842~~795.4999
	Interest Withdrawals					0.00	0.00	0.00
	Interest Other Accounts					4485,~~227~~098.0160	0.00	4485,~~227~~098.0160
	Interest Fees					(~~278~~243,~~632~~412.3477)	(2221,~~940~~300.9211)	(~~301~~264,~~573~~712.2688)
	TOTAL NET INTEREST					5,~~643~~652,~~699~~433.3031	~~394~~389,~~796~~748.9440	6,~~038~~042,~~496~~181.2471
	TOTAL AVAILABLE FUNDS FOR DISTRIBUTION					1115,~~262~~328,~~552~~863.5170	1539,~~272,334~~308.4321	1215,~~534~~868,~~886~~171.9491
PRINCIPAL - COLLECTIONS						GROUP II	GROUP I	TOTAL
	Scheduled Principal					~~636~~634,~~423~~499.7038	6162,~~862~~198.3532	~~698~~696,~~286~~697.0570
	Prepayments In Full					48,~~943~~995,~~162~~738.2353	~~810~~81,~~823~~675.9187	59,~~753~~077,~~986~~414.1440
	Curtailments					3946,~~267~~192.2848	45,~~851~~685.2362	4451,~~118~~878.5110
	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~~176,~~346~~093.6554)	(59,~~919~~367.6584)	(~~126~~185,~~266~~461.3038)
	Advanced Principal					~~120~~176,~~346~~093.6554	59,~~919~~367.6584	~~126~~185,~~266~~461.3038
	TOTAL PRINCIPAL COLLECTED					59,~~618~~676,~~853~~430.2139	~~877~~149,~~537~~559.4981	69,~~496~~825,~~390~~990.7020
				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 for June 25, 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~~926,~~199~~709.1988	~~420~~415,~~882~~465.0298	6,~~382~~342,~~081~~175.2186
	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	(8786.1393)	(8786.1393)
	Prepayment Interest Shortfalls					(2225,~~812~~279.2231)	(~~2,453~~387.8729)	(25,~~266~~666.0960)
	Compensating Interest					2225,~~812~~279.2231	~~2,453~~387.8729	25,~~266~~666.0960
	Delinquent Interest					(12,~~506~~067,~~361~~874.5339)	(5374,~~234~~894.8981)	(12,~~559~~142,~~596~~769.4220)
	Interest Advanced					1,~~423~~951,~~266~~911.9799	5070,~~177~~564.8627	12,~~473~~022,~~444~~476.8326
	TOTAL INTEREST COLLECTED					5,~~878~~810,~~104~~747.6348	~~417~~411,~~737~~048.8651	6,~~295~~221,~~842~~795.4999
				Page 9 of 28				© COPYRIGHT 2003 Deutsche Bank
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	Collection Account Report for June 25, 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					4485,~~227~~098.0160	0.00	4485,~~227~~098.0160
	TOTAL INTEREST OTHER ACCOUNTS					4485,~~227~~098.0160	0.00	4485,~~227~~098.0160
INTEREST - FEES						GROUP II	GROUP I	TOTAL
	Current Servicing Fees					~~277~~241,~~011~~802.8683	2221,~~824~~185.4529	~~299~~262,~~836~~988.3112
	Trustee Fee					1,~~620~~609.4894	~~116~~114.4782	1,~~736~~724.9576
	TOTAL INTEREST OTHER FEES					~~278~~243,~~632~~412.3477	2221,~~940~~300.9211	~~301~~264,~~573~~712.2688
				Page 10 of 28				© COPYRIGHT 2003 Deutsche Bank
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	Credit Enhancement Report for May 27, 2003 Distribution
	Credit Enhancement Report for June 25, 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~~202,~~850~~096.2411
	Current Period Losses							0.00
	Overcollateralized Amount - After Current Losses							35,~~200~~202,~~850~~096.2411
	Overcollateralization Increase Amount							~~1,245~~0.8700
	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
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	Collateral Report for May 27, 2003 Distribution
	Collateral Report for June 25, 2003 Distribution
	Collateral Report
COLLATERAL						GROUP II	GROUP I	TOTAL
	Loan Count:
	Original					4559	482	5041
	Prior					-4,542	-478	-5,020
	Prefunding					-	-	-
	Scheduled Paid Offs					-	-	-
	Full Voluntary Prepayments					(1738)	(42)	(2140)
	Repurchases					-	-	-
	Liquidations					-	-	-
	Current					4,~~542~~504	~~478~~476	54,~~020~~980
	Principal Balance:
	Original					864,255,399.16	62,115,551.08	926,370,950.24
	Prior					-858,636,545.95	-61,238,013.59	-919,874,559.54
	Prefunding					-	-	-
	Scheduled Principal					(~~636~~634,~~423~~499.7038)	(6162,~~862~~198.3532)	(~~698~~696,~~286~~697.0570)
	Partial and Full Voluntary Prepayments					(49,~~982~~041,~~429~~931.5101)	(~~815~~87,~~675~~361.1449)	(59,~~798~~129,~~104~~292.6550)
	Repurchases					-	-	-
	Liquidations					-	-	-
	Current					~~858~~848,~~636~~960,~~545~~115.9556	61,~~238~~088,~~013~~453.5978	~~919~~910,~~874~~048,~~559~~569.5434
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
CHARACTERISTICS						GROUP II	GROUP I	TOTAL
	Weighted Average Coupon Original					8.276997%	8.130950%	8.267204%
	Weighted Average Coupon Prior					8.276997%	8.130950%	8.267204%
	Weighted Average Coupon Current					8.~~276997~~282960%	8.~~130950~~141335%	8.~~267204~~273531%
	Weighted Average Months to Maturity Original					351	323	349
	Weighted Average Months to Maturity Prior					-351	-323	-349
	Weighted Average Months to Maturity Current					~~351~~350	~~323~~322	~~349~~348
	Weighted Avg Remaining Amortization Term Original					350	322	349
	Weighted Avg Remaining Amortization Term Prior					-350	-322	-349
	Weighted Avg Remaining Amortization Term Current					~~350~~349	~~322~~321	~~349~~347
	Weighted Average Seasoning Original					2.98	2.92	2.98
	Weighted Average Seasoning Prior					-2.98	-2.92	-2.98
	Weighted Average Seasoning Current					23.98	23.92	23.98
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
ARM CHARACTERISTICS						GROUP II	GROUP I	TOTAL
	Weighted Average Margin Original					4.446%
	Weighted Average Margin Prior					4.446%
	Weighted Average Margin Current					4.~~446~~443%
	Weighted Average Max Rate Original					13.144%	8.093%
	Weighted Average Max Rate Prior					13.144%	8.093%
	Weighted Average Max Rate Current					13.144%	8.~~093~~102%
	Weighted Average Min Rate Original					6.759%
	Weighted Average Min Rate Prior					6.759%
	Weighted Average Min Rate Current					6.~~759~~758%
	Weighted Average Cap Up Original					0.810%
	Weighted Average Cap Up Prior					0.810%
	Weighted Average Cap Up Current					0.~~810~~809%
	Weighted Average Cap Down Original					0.810%
	Weighted Average Cap Down Prior					0.810%
	Weighted Average Cap Down Current					0.~~810~~809%
Note: Original information refers to deal issue.
SERVICING FEES / ADVANCES						GROUP II	GROUP I	TOTAL
	Current Servicing Fees					~~277~~241,~~011~~802.8683	2221,~~824~~185.4529	~~299~~262,~~836~~988.3112
	Delinquent Servicing Fees					83115,~~094~~962.5640	34,~~057~~330.0355	86120,~~151~~292.5995
	TOTAL SERVICING FEES					~~360~~357,~~106~~765.4223	25,~~881~~515.4884	~~385~~383,~~987~~281.9007
	Compensating Interest					(2225,~~812~~279.2231)	(~~2,453~~387.8729)	(25,~~266~~666.0960)
	Delinquent Servicing Fees					(83115,~~094~~962.5640)	(34,~~057~~330.0355)	(86120,~~151~~292.5995)
	COLLECTED SERVICING FEES					~~254~~216,~~199~~523.6452	20,~~370~~798.5800	~~274~~237,~~570~~321.2252
	Total Advances					12,~~543~~128,~~613~~005.6253	5679,~~097~~932.5111	12,~~599~~207,~~711~~937.1364
	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
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	Delinquency Report for May 27, 2003 Distribution
	Delinquency Report for June 25, 2003 Distribution
	Delinquency Report - Total
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			611,~~193~~043,~~238~~577.4379	-832,960.80	-	611,~~193~~876,~~238~~538.4359
		% Balance			01.6721%	0.0009%	0.00%	01.6731%
		# Loans			3174	-6	-	3180
		% # Loans			01.6249%	0.0012%	0.00%	01.6261%
FORECLOSURE		Balance		-	-	-2,519,257.76	-	-2,519,257.76
		% Balance		0.00%	0.00%	0.0028%	0.00%	0.0028%
		# Loans		-	-	-15	-	-15
		% # Loans		0.00%	0.00%	0.0030%	0.00%	0.0030%
BANKRUPTCY		Balance		~~980~~700,~~420~~322.6369	-	-	-	~~980~~700,~~420~~322.6369
		% Balance		0.1108%	0.00%	0.00%	0.00%	0.1108%
		# Loans		59	-	-	-	59
		% # Loans		0.1018%	0.00%	0.00%	0.00%	0.1018%
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~~700,~~420~~322.6369	611,~~193~~043,~~238~~577.4379	-3,352,218.56	-	715,~~173~~096,~~659~~119.0604
		% Balance		0.1108%	01.6721%	0.0037%	0.00%	01.7866%
		# Loans		59	3174	-21	-	36104
		% # Loans		0.1018%	01.6249%	0.0042%	0.00%	02.7209%
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
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	Delinquency Report for May 27, 2003 Distribution
	Delinquency Report for June 25, 2003 Distribution
	Delinquency Report - Group I Group
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			-659,524.21	-	-	-659,524.21
		% Balance			01.0008%	0.00%	0.00%	01.0008%
		# Loans			-6	-	-	-6
		% # Loans			01.0026%	0.00%	0.00%	01.0026%
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		5512,~~728~~523.9341	-	-	-	5512,~~728~~523.9341
		% Balance		0.0902%	0.00%	0.00%	0.00%	0.0902%
		# 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		5512,~~728~~523.9341	-659,524.21	-	-	55672,~~728~~047.9362
		% Balance		0.0902%	01.0008%	0.00%	0.00%	01.0910%
		# Loans		1	-6	-	-	17
		% # Loans		0.21%	01.0026%	0.00%	0.00%	01.2147%
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
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	Delinquency Report for May 27, 2003 Distribution
	Delinquency Report for June 25, 2003 Distribution
	Delinquency Report - Group II Group
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			610,~~193~~384,~~238~~053.4358	-832,960.80	-	611,~~193~~217,~~238~~014.4338
		% Balance			01.7222%	0.0010%	0.00%	01.7232%
		# Loans			3168	-6	-	3174
		% # Loans			01.6851%	0.0013%	0.00%	01.6864%
FORECLOSURE		Balance		-	-	-2,519,257.76	-	-2,519,257.76
		% Balance		0.00%	0.00%	0.0030%	0.00%	0.0030%
		# Loans		-	-	-15	-	-15
		% # Loans		0.00%	0.00%	0.0033%	0.00%	0.0033%
BANKRUPTCY		Balance		~~924~~687,~~691~~799.7028	-	-	-	~~924~~687,~~691~~799.7028
		% Balance		0.1108%	0.00%	0.00%	0.00%	0.1108%
		# Loans		48	-	-	-	48
		% # Loans		0.0918%	0.00%	0.00%	0.00%	0.0918%
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~~687,~~691~~799.7028	610,~~193~~384,~~238~~053.4358	-3,352,218.56	-	714,~~117~~424,~~930~~071.1342
		% Balance		0.1108%	01.7222%	0.0039%	0.00%	01.8370%
		# Loans		48	3168	-21	-	3597
		% # Loans		0.0918%	01.6851%	0.0047%	0.00%	02.7715%
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
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	REO Report for May 27, 2003 Distribution
	REO Report for June 25, 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
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	Foreclosure Report - Mortgage Loans that Become Foreclosure During Current Distribution
SUMMARY				LOAN GROUP
Total Loan Count = 0				Loan Group 1 = Group I Group
Total Loan Count = 15				Loan Group 1 = Group I Group
Total Original Principal Balance = 000.00				Loan Group 2 = Group II Group
Total Original Principal Balance = 2,524,580.00				Loan Group 2 = Group II Group
Total Current Balance = 000.00
Total Current Balance = 2,519,257.76
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
73640849 2		170,000.00	169,692.81	Feb-01-03	9.960%	CO - 85.00%	360	Jan-29-03
73674699 2		115,700.00	115,494.41	Feb-01-03	11.100%	MD - 65.00%	360	Dec-30-02
73682452 2		55,000.00	54,865.27	Feb-01-03	8.500%	NY - 68.75%	360	Jan-28-03
74057829 2		94,400.00	94,219.77	Feb-01-03	9.700%	FL - 80.00%	360	Jan-27-03
74152869 2		52,000.00	51,917.14	Feb-01-03	10.550%	OH - 80.00%	360	Jan-31-03
74156282 2		72,800.00	72,704.53	Feb-01-03	11.450%	TX - 70.00%	360	Jan-27-03
74178757 2		148,000.00	147,766.66	Feb-01-03	10.600%	ID - 80.00%	360	Jan-29-03
74203860 2		486,000.00	484,760.17	Feb-01-03	8.300%	CA - 90.00%	360	Jan-28-03
74208331 2		62,400.00	62,324.21	Feb-01-03	11.800%	MI - 80.00%	360	Jan-24-03
74219189 2		221,000.00	220,511.65	Feb-01-03	9.000%	CA - 83.40%	360	Jan-31-03
74230970 2		135,200.00	134,991.40	Feb-01-03	10.700%	CA - 80.00%	360	Jan-30-03
74239690 2		161,200.00	161,039.69	Feb-01-03	12.700%	CT - 64.48%	360	Jan-27-03
74244666 2		194,400.00	194,103.28	Feb-01-03	10.750%	FL - 80.00%	360	Jan-31-03
74266958 2		452,560.00	451,134.98	Feb-01-03	7.250%	UT - 80.00%	360	Jan-27-03
74271081 2		103,920.00	103,731.79	Feb-01-03	9.950%	UT - 80.00%	360	Jan-28-03
				Page 19 of 28				© COPYRIGHT 2003 Deutsche Bank
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	Prepayment Report for May 27, 2003 Distribution
	Prepayment Report for June 25, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENTS						GROUP II	GROUP I	TOTAL
	Current
	Number of Paid in Full Loans					1738	42	2140
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					1738	42	2140
	Paid in Full Balance					48,~~943~~995,~~162~~738.2353	~~810~~81,~~823~~675.9187	59,~~753~~077,~~986~~414.1440
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					3946,~~267~~192.2848	45,~~851~~685.2362	4451,~~118~~878.5110
	Total Prepayment Amount					49,~~982~~041,~~429~~931.5101	~~815~~87,~~675~~361.1449	59,~~798~~129,~~104~~292.6550
	Cumulative
	Number of Paid in Full Loans					1755	46	2161
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					1755	46	2161
	Paid in Full Balance					413,~~943~~938,~~162~~900.2376	~~810~~892,~~823~~499.9178	514,~~753~~831,~~986~~400.1454
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					3985,~~267~~459.2876	410,~~851~~536.2385	4495,~~118~~996.5161
	Total Prepayment Amount					414,~~982~~024,~~429~~360.5152	~~815~~903,~~675~~036.1463	514,~~798~~927,~~104~~397.6515
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
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	Prepayment Report for June 25, 2003 Distribution
	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENT RATES						GROUP II	GROUP I	TOTAL
	SMM					01.5805%	10.3114%	0.6399%
	3 Months Avg SMM
	12 Months Avg SMM
	Avg SMM Since Cut-off					0.5882%	10.3173%	0.6381%
	CPR					611.7194%	141.6870%	711.2629%
	3 Months Avg CPR
	12 Months Avg CPR
	Avg CPR Since Cut-off					69.7136%	148.6842%	79.2630%
	PSA					~~1123~~1498.9290%	~~2516~~217.1507%	~~1218~~1418.7690%
	3 Months Avg PSA Approximation
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation					~~1123~~1343.9269%	~~2516~~1232.1520%	~~1218~~1336.7640%
	Group I
	Group II
CPR by Groups					Total CPR
PSA by Groups					Total PSA
				Page 21 of 28				© COPYRIGHT 2003 Deutsche Bank
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	Prepayment Report for May 27, 2003 Distribution
	Prepayment Report for June 25, 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 for June 25, 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 Loan Count = 40						Loan Group 1 = Group I Group
Total Original Principal Balance = 5,762,890.00						Loan Group 2 = Group II Group
Total Original Principal Balance = 9,098,139.00						Loan Group 2 = Group II Group
Total Prepayment Amount = 5,753,986.14
Total Prepayment Amount = 9,077,414.40
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
74179276 1			64,500.00	64,187.76	May-14-03	10.750%	CA - 15.00%	Paid Off - 240	Dec-31-02
74182288 1			62,690.00	62,558.28	Apr-29-03	11.750%	NV - 20.00%	Paid Off - 240	Jan-09-03
74200544 1			17,600.00	17,488.11	May-20-03	11.500%	TX - 20.00%	Paid Off - 180	Jan-03-03
74253634 1			570,000.00	569,521.13	Apr-17-03	6.875%	MD - 75.00%	Paid Off - 360	Feb-05-03
44766574 2			246,000.00	244,769.91	May-23-03	6.990%	CA - 89.46%	Paid Off - 360	Oct-17-02
74329178 1			19,300.00	19,273.74	Apr-03-03	9.750%	AZ - 20.00%	Paid Off - 240	Feb-24-03
73557449 2			74,800.00	74,575.89	May-06-03	9.550%	ID - 80.00%	Paid Off - 360	Oct-30-02
73658544 2			142,500.00	142,225.06	Apr-02-03	9.650%	RI - 75.00%	Paid Off - 360	Dec-06-02
73590655 2			125,400.00	124,977.90	May-15-03	8.050%	IN - 95.00%	Paid Off - 360	Nov-15-02
73674426 2			112,000.00	111,896.17	Apr-01-03	9.800%	CT - 61.88%	Paid Off - 360	Jan-03-03
73637704 2			289,750.00	288,995.67	May-12-03	8.200%	CA - 95.00%	Paid Off - 360	Jan-10-03
73681132 2			400,000.00	398,705.02	Apr-04-03	5.600%	CA - 64.00%	Paid Off - 360	Dec-31-02
73649972 2			115,000.00	114,824.45	May-13-03	10.750%	OR - 74.19%	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
73664062 2			415,800.00	414,554.02	May-01-03	7.500%	CA - 90.00%	Paid Off - 360	Jan-07-03
74060385 2			500,000.00	499,240.53	Apr-17-03	7.400%	CA - 79.62%	Paid Off - 360	Jan-24-03
73668360 2			89,000.00	88,924.51	May-20-03	12.100%	CT - 60.96%	Paid Off - 360	Jan-14-03
74167727 2			48,000.00	47,884.87	Apr-16-03	10.750%	CA - 20.00%	Paid Off - 240	Jan-13-03
73682908 2			1,000,000.00	996,082.37	May-21-03	6.125%	UT - 49.75%	Paid Off - 360	Dec-30-02
74168451 2			232,000.00	231,717.91	Apr-09-03	8.500%	MA - 80.00%	Paid Off - 360	Jan-14-03
74031899 2			264,000.00	263,551.45	May-08-03	10.250%	IL - 75.00%	Paid Off - 360	Jan-09-03
74171497 2			131,750.00	131,505.57	Apr-24-03	6.400%	RI - 85.00%	Paid Off - 360	Jan-15-03
74033259 2			17,000.00	16,881.46	May-22-03	10.500%	IL - 20.00%	Paid Off - 180	Jan-10-03
74182619 2			324,000.00	322,980.29	Apr-07-03	5.750%	CA - 80.00%	Paid Off - 360	Dec-31-02
74138926 2			350,000.00	349,613.86	May-21-03	10.900%	IL - 54.69%	Paid Off - 360	Jan-31-03
74190497 2			211,500.00	210,992.08	Apr-09-03	7.150%	CA - 90.00%	Paid Off - 360	Jan-10-03
74142589 2			680,000.00	678,742.56	May-14-03	8.450%	CA - 80.00%	Paid Off - 360	Jan-16-03
74203134 2			460,000.00	459,141.51	Apr-08-03	6.350%	CA - 80.00%	Paid Off - 360	Jan-16-03
74174053 2			200,000.00	199,533.76	May-20-03	7.300%	CA - 63.29%	Paid Off - 360	Jan-30-03
74226978 2			436,500.00	435,782.31	Apr-04-03	7.000%	CA - 90.00%	Paid Off - 360	Jan-13-03
74178971 2			875,000.00	872,280.41	May-20-03	5.875%	CA - 70.00%	Paid Off - 360	Jan-16-03
74240987 2			558,000.00	557,684.89	Apr-01-03	8.840%	CA - 90.00%	Paid Off - 360	Feb-25-03
74179250 2			344,000.00	342,769.94	May-14-03	6.600%	CA - 80.00%	Paid Off - 360	Dec-31-02
74244955 2			195,500.00	195,413.33	Apr-17-03	9.990%	CA - 85.00%	Paid Off - 360	Feb-18-03
74181140 2			255,000.00	254,538.21	May-29-03	9.950%	CA - 85.00%	Paid Off - 360	Jan-07-03
74297342 2			524,000.00	523,412.83	Apr-08-03	5.375%	NV - 80.00%	Paid Off - 360	Feb-11-03
74183146 2			52,720.00	52,638.22	May-28-03	9.300%	AL - 80.00%	Paid Off - 360	Jan-06-03
74314428 2			582,250.00	581,826.45	Apr-09-03	7.600%	UT - 85.00%	Paid Off - 360	Feb-25-03
74190745 2			108,000.00	107,900.71	May-15-03	11.800%	CO - 80.00%	Paid Off - 360	Dec-30-02
74324336 2			42,900.00	42,848.77	Apr-16-03	10.750%	AL - 20.00%	Paid Off - 240	Feb-24-03
74195462 2			174,250.00	173,907.46	May-30-03	8.150%	IL - 85.00%	Paid Off - 360	Jan-16-03
74201666 2			286,000.00	285,629.27	May-30-03	10.150%	CO - 51.91%	Paid Off - 360	Jan-14-03
74209701 2			66,000.00	65,797.12	May-19-03	5.875%	UT - 80.00%	Paid Off - 360	Jan-09-03
74225905 2			336,444.00	335,526.59	May-22-03	6.500%	TX - 80.00%	Paid Off - 360	Jan-15-03
74232489 2			65,800.00	65,736.98	May-29-03	11.550%	TX - 70.00%	Paid Off - 360	Jan-22-03
74236704 2			147,825.00	147,716.75	May-27-03	10.900%	MA - 60.96%	Paid Off - 360	Feb-28-03
74241183 2			61,000.00	60,966.06	May-15-03	12.150%	MO - 84.14%	Paid Off - 360	Feb-18-03
74248824 2			71,100.00	71,051.76	May-29-03	11.250%	MO - 90.00%	Paid Off - 360	Feb-18-03
74249871 2			82,000.00	81,943.74	May-19-03	11.200%	PA - 84.89%	Paid Off - 360	Feb-20-03
74263245 2			112,000.00	111,905.66	May-27-03	10.250%	CA - 80.00%	Paid Off - 360	Mar-05-03
74274929 2			19,300.00	19,260.72	May-27-03	11.990%	WA - 20.00%	Paid Off - 240	Feb-13-03
74282195 2			114,250.00	114,075.86	May-30-03	7.450%	FL - 84.63%	Paid Off - 360	Feb-28-03
74283474 2			170,000.00	169,731.32	May-13-03	7.200%	CO - 85.00%	Paid Off - 360	Feb-10-03
74292681 2			395,000.00	394,337.64	May-30-03	6.900%	CA - 59.85%	Paid Off - 360	Feb-12-03
74293143 2			112,000.00	111,924.01	May-28-03	11.250%	CA - 80.00%	Paid Off - 360	Feb-28-03
74309865 2			35,100.00	35,074.85	May-07-03	11.000%	NC - 65.00%	Paid Off - 360	Feb-19-03
74313800 2			750,000.00	749,175.86	May-16-03	8.990%	CO - 74.04%	Paid Off - 360	Feb-26-03
74315284 2			52,000.00	51,848.86	May-06-03	10.990%	CA - 20.00%	Paid Off - 240	Feb-19-03
74321068 2			416,500.00	416,084.29	May-16-03	9.450%	CT - 85.00%	Paid Off - 360	Feb-25-03
74332982 2			48,000.00	47,888.43	May-07-03	10.990%	CA - 20.00%	Paid Off - 240	Feb-14-03
					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 for June 25, 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 for June 25, 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 for June 25, 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 for June 25, 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 for June 25, 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							04,052,541.0025
	Beginning Pool Balance							~~926~~919,~~370~~874,~~950~~559.2454
	Delinquency Percentage							0.0044%
	Cumulative Loss Percentage							0.000000%
	Credit Enhancement Percentage							19.~~499840~~637688%
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~~355000%
	Class M-1 Next Pass-Through Rate							21.~~140000~~855000%
	Class M-2 Next Pass-Through Rate							32.~~220000~~935000%
	Class M-3 Next Pass-Through Rate							3.~~570000~~285000%
	Class M-4 Next Pass-Through Rate							43.~~070000~~785000%
	Class M-5 Next Pass-Through Rate							54.~~070000~~785000%
ADDITIONAL INFORMATION						GROUP II	GROUP I	TOTAL
	Libor for Current Period							1.~~300000~~320000%
	Libor Date for Current Period							~~Apr~~May-0222-2003
	Libor for Next Period							1.~~320000~~035000%
	Libor Date for Next Period							~~May~~Jun-2223-2003
	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

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