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): ~~July~~August 25, 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 ~~July~~August 25, 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: Aug 0128, 2003 By: /s/ ~~David~~Katherine CoM. ~~David~~Wannenmacher CoKatherine M. Wannenmacher Vice President EXHIBIT INDEX DOCUMENT Monthly Remittance Statement to the Certificateholders dated as of ~~July~~August 25, 2003.

	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	July 25, 2003 Distribution
	August 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				2425
			12.	Realized Loss Detail Report				2728
			13.	Triggers, Adj. Rate Cert. and Miscellaneous Report				2829
				Total Number of Pages				2829
			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: July 25, 2003
								Distribution Date: August 25, 2003
	Underwriter(s):		Greenwich Capital Markets Co-Lead Underwriter					Record Date: ~~July~~August 2422, 2003
			Banc One Capital Markets Co-Lead Underwriter					~~June~~July 3031, 2003
						Page 1 of 28					© COPYRIGHT 2003 Deutsche Bank
						Page 1 of 29					© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	REMIC III Series 2003-2
	Certificate Payment Report for July 25, 2003 Distribution
	Certificate Payment Report for August 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			4847,~~972~~957,~~734~~725.4171	~~146~~143,~~918~~873.2018	1661,~~015,008~~911.7096	1805,~~161,926~~785.9014	-	-	47,~~957~~295,~~725~~813.7175
AV	FLT	695,730,000.00			~~680~~671,~~433~~008,~~638~~831.8235	~~768~~820,~~322~~494.9869	918,~~424~~858,~~807~~659.47	1019,~~193~~679,~~130~~154.4516	-	-	~~671~~652,~~008~~150,~~831~~171.3588
M-1	MEZ	61,600,000.00			61,600,000.00	95101,~~223~~845.33	-	95101,~~223~~845.33	-	-	61,600,000.00
M-2	MEZ	50,490,000.00			50,490,000.00	~~123~~130,~~490~~432.1350	-	~~123~~130,~~490~~432.1350	-	-	50,490,000.00
M-3	MEZ	10,190,000.00			10,190,000.00	2729,~~895~~395.1332	-	2729,~~895~~395.1332	-	-	10,190,000.00
M-4	MEZ	13,430,000.00			13,430,000.00	4244,~~360~~524.4618	-	4244,~~360~~524.4618	-	-	13,430,000.00
M-5	MEZ	9,730,000.00			9,730,000.00	3840,~~798~~636.3826	-	3840,~~798~~636.3826	-	-	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			35,202,096.11	43,~~119~~985,~~477~~506.1093	-	43,~~119~~985,~~477~~506.1093	-	-	35,202,096.11
LT3-P		100.00			100.00	~~100~~275,~~735~~658.9700	-	~~100~~275,~~735~~658.9700	-	-	100.00
R-3	R	-			-	-	-	-	-	-	-
Total		1,076,370,950.24			1,~~060~~049,~~048~~608,~~569~~753.3417	56,~~994~~103,~~471~~616.6839	1019,~~439~~520,~~816~~571.1743	1625,~~434~~624,~~287~~187.8582	-	-	1,~~049~~030,~~608~~088,~~753~~181.1774
	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	~~979~~959.~~454688~~154514	2.~~938364~~877464	2013.~~300174~~238239	2316.~~238538~~115703	~~959~~945.~~154514~~916275
AV	0607/25/03	0708/24/03		A-Act/360	542514DS0	695,730,000.00	~~978~~964.~~013940~~467295	1.~~104341~~179329	1327.~~546645~~106290	1428.~~650986~~285620	~~964~~937.~~467295~~361005
M-1	0607/25/03	0708/24/03		A-Act/360	542514DU5	61,600,000.00	1,000.000000	1.~~545833~~653333	-	1.~~545833~~653333	1,000.000000
M-2	0607/25/03	0708/24/03		A-Act/360	542514DV3	50,490,000.00	1,000.000000	2.~~445833~~583333	-	2.~~445833~~583333	1,000.000000
M-3	0607/25/03	0708/24/03		A-Act/360	542514DW1	10,190,000.00	1,000.000000	2.~~737500~~884722	-	2.~~737500~~884722	1,000.000000
M-4	0607/25/03	0708/24/03		A-Act/360	542514DX9	13,430,000.00	1,000.000000	3.~~154167~~315278	-	3.~~154167~~315278	1,000.000000
M-5	0607/25/03	0708/24/03		A-Act/360	542514DY7	9,730,000.00	1,000.000000	34.~~987501~~176388	-	34.~~987501~~176388	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	1,000.035393	~~117~~113.~~027773~~221894	-	~~117~~113.~~027773~~221894	1,000.035393
LT3-P				-		100.00	1,000.000000	12,~~007~~756,~~359~~580.~~700000~~000000	-	12,~~007~~756,~~359~~580.~~700000~~000000	1,000.000000
R-3				-	LB0302303	-	-	-	-	-	-
							Page 2 of 28				© COPYRIGHT 2003 Deutsche Bank
							Page 2 of 29				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	REMIC III Series 2003-2
	Certificate Payment Report for July 25, 2003 Distribution
	Certificate Payment Report for August 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		~~444~~588,~~285~~158.0826		12,~~856~~456,~~322~~334.7058	~~185~~247,~~951~~851.5967	2,~~042~~704,~~274~~186.2925	23,~~486~~292,~~559~~344.3751	-	-	47,~~957~~295,~~725~~813.7175
AV	695,730,000.00		34,~~339~~159,~~351~~845.1180		2241,~~817~~053,~~674~~018.2660	12,~~903~~526,~~494~~809.3952	2443,~~721~~579,~~168~~828.6512	2847,~~060~~739,~~519~~673.7692	-	-	~~671~~652,~~008~~150,~~831~~171.3588
M-1	61,600,000.00		~~393~~495,~~675~~520.3366		-	-	-	~~393~~495,~~675~~520.3366	-	-	61,600,000.00
M-2	50,490,000.00		~~492~~622,~~319~~752.5808		-	-	-	~~492~~622,~~319~~752.5808	-	-	50,490,000.00
M-3	10,190,000.00		~~110~~139,~~456~~852.7709		-	-	-	~~110~~139,~~456~~852.7709	-	-	10,190,000.00
M-4	13,430,000.00		~~166~~210,~~468~~992.5977		-	-	-	~~166~~210,~~468~~992.5977	-	-	13,430,000.00
M-5	9,730,000.00		~~150~~191,~~877~~513.1743		-	-	-	~~150~~191,~~877~~513.1743	-	-	9,730,000.00
S-1	6,500,000.00		6992,~~062~~083.4932		-	-	-	6992,~~062~~083.4932	-	-	6,500,000.00
S-2	143,500,000.00		12,~~524~~032,~~687~~916.5168		-	-	-	12,~~524~~032,~~687~~916.5168	-	-	143,500,000.00
LT3-C	35,200,850.24		1115,~~152~~138,~~658~~165.5649		-	-	-	1115,~~152~~138,~~658~~165.5649	-	1,245.87	35,202,096.11
LT3-P	100.00		~~230~~505,~~061~~719.58		-	-	-	~~230~~505,~~061~~719.58	-	-	100.00
R-3	-		-		-	-	-	-	-	-	-
Total	1,076,370,950.24		1824,~~073~~177,~~903~~520.7716		2443,~~673~~509,~~996~~353.9618	2,~~089~~774,~~445~~661.9819	2646,~~763~~284,~~442~~014.9437	4470,~~837~~461,~~346~~534.7153	-	1,245.87	1,~~049~~030,~~608~~088,~~753~~181.1774
	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%	4847,~~972~~957,~~734~~725.4171			~~146~~143,~~918~~873.2018	-	-	-	~~146~~143,~~918~~873.2018	~~146~~143,~~918~~873.2018	-
AV	1.~~35500~~42000%	~~680~~671,~~433~~008,~~638~~831.8235			~~768~~820,~~322~~494.9869	-	-	-	~~768~~820,~~322~~494.9869	~~768~~820,~~322~~494.9869	-
M-1	1.~~85500~~92000%	61,600,000.00			95101,~~223~~845.33	-	-	-	95101,~~223~~845.33	95101,~~223~~845.33	-
M-2	23.~~93500~~00000%	50,490,000.00			~~123~~130,~~490~~432.1350	-	-	-	~~123~~130,~~490~~432.1350	~~123~~130,~~490~~432.1350	-
M-3	3.~~28500~~35000%	10,190,000.00			2729,~~895~~395.1332	-	-	-	2729,~~895~~395.1332	2729,~~895~~395.1332	-
M-4	3.~~78500~~85000%	13,430,000.00			4244,~~360~~524.4618	-	-	-	4244,~~360~~524.4618	4244,~~360~~524.4618	-
M-5	4.~~78500~~85000%	9,730,000.00			3840,~~798~~636.3826	-	-	-	3840,~~798~~636.3826	3840,~~798~~636.3826	-
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		35,202,096.11			43,~~119~~985,~~477~~506.1093	-	-	-	43,~~119~~985,~~477~~506.1093	43,~~119~~985,~~477~~506.1093	-
LT3-P		100.00			~~100~~275,~~735~~658.9700	-	-	-	~~100~~275,~~735~~658.9700	~~100~~275,~~735~~658.9700	-
R-3		-			-	-	-	-	-	-	-
Total		1,~~060~~049,~~048~~608,~~569~~753.3417			56,~~994~~103,~~471~~616.6839	-	-	-	56,~~994~~103,~~471~~616.6839	56,~~994~~103,~~471~~616.6839	-
							Page 3 of 28				© COPYRIGHT 2003 Deutsche Bank
							Page 3 of 29				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	REMIC CX Series 2003-2
	Certificate Payment Report for July 25, 2003 Distribution
	Certificate Payment Report for August 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			35,202,096.11	43,~~119~~985,~~477~~506.1093	-	43,~~119~~985,~~477~~506.1093	-	-	35,202,096.11
R-CX	R	-			-	-	-	-	-	-	-
Total		35,200,850.24			35,202,096.11	43,~~119~~985,~~477~~506.1093	-	43,~~119~~985,~~477~~506.1093	-	-	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	1,000.035393	~~117~~113.~~027773~~221894	-	~~117~~113.~~027773~~221894	1,000.035393
R-CX				-	LB0302304	-	-	-	-	-	-
							Page 4 of 28				© COPYRIGHT 2003 Deutsche Bank
							Page 4 of 29				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	REMIC CX Series 2003-2
	Certificate Payment Report for July 25, 2003 Distribution
	Certificate Payment Report for August 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		1115,~~152~~138,~~658~~165.5649		-	-	-	1115,~~152~~138,~~658~~165.5649	-	1,245.87	35,202,096.11
R-CX	-		-		-	-	-	-	-	-	-
Total	35,200,850.24		1115,~~152~~138,~~658~~165.5649		-	-	-	1115,~~152~~138,~~658~~165.5649	-	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		35,202,096.11			43,~~119~~985,~~477~~506.1093	-	-	-	43,~~119~~985,~~477~~506.1093	43,~~119~~985,~~477~~506.1093	-
R-CX		-			-	-	-	-	-	-	-
Total		35,202,096.11			43,~~119~~985,~~477~~506.1093	-	-	-	43,~~119~~985,~~477~~506.1093	43,~~119~~985,~~477~~506.1093	-
							Page 5 of 28				© COPYRIGHT 2003 Deutsche Bank
							Page 5 of 29				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	REMIC PX Series 2003-2
	Certificate Payment Report for July 25, 2003 Distribution
	Certificate Payment Report for August 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	~~100~~275,~~735~~658.9700	-	~~100~~275,~~735~~658.9700	-	-	100.00
R-PX	R	-			-	-	-	-	-	-	-
Total		100.00			100.00	~~100~~275,~~735~~658.9700	-	~~100~~275,~~735~~658.9700	-	-	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	12,~~007~~756,~~359~~580.~~700000~~000000	-	12,~~007~~756,~~359~~580.~~700000~~000000	1,000.000000
R-PX				-	LB0302305	-	-	-	-	-	-
							Page 6 of 28				© COPYRIGHT 2003 Deutsche Bank
							Page 6 of 29				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	REMIC PX Series 2003-2
	Certificate Payment Report for July 25, 2003 Distribution
	Certificate Payment Report for August 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		~~230~~505,~~061~~719.58		-	-	-	~~230~~505,~~061~~719.58	-	-	100.00
R-PX	-		-		-	-	-	-	-	-	-
Total	100.00		~~230~~505,~~061~~719.58		-	-	-	~~230~~505,~~061~~719.58	-	-	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			~~100~~275,~~735~~658.9700	-	-	-	~~100~~275,~~735~~658.9700	~~100~~275,~~735~~658.9700	-
R-PX		-			-	-	-	-	-	-	-
Total		100.00			~~100~~275,~~735~~658.9700	-	-	-	~~100~~275,~~735~~658.9700	~~100~~275,~~735~~658.9700	-
							Page 7 of 28				© COPYRIGHT 2003 Deutsche Bank
							Page 7 of 29				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	Collection Account Report for July 25, 2003 Distribution
	Collection Account Report for August 25, 2003 Distribution
	Collection Account Report
SUMMARY						GROUP II	GROUP I	TOTAL
	Principal Collections					918,~~424~~858,~~807~~659.47	1661,~~015,008~~911.7096	1019,~~439~~520,~~816~~571.1743
	TOTAL NET PRINCIPAL					918,~~424~~858,~~807~~659.47	1661,~~015,008~~911.7096	1019,~~439~~520,~~816~~571.1743
	Interest Collections					5,~~748~~685,~~423~~694.4775	~~410~~403,~~320~~622.5463	6,~~158~~089,~~744~~317.0138
	Interest Withdrawals					0.00	0.00	0.00
	Interest Other Accounts					~~100~~269,~~735~~863.9714	05,794.0086	~~100~~275,~~735~~658.9700
	Interest Fees					(~~243~~240,~~297~~254.9997)	(21,~~710~~104.3102)	(~~265~~261,~~008~~358.3099)
	TOTAL NET INTEREST					5,~~605~~715,~~861~~302.4592	388,~~610~~313.2347	56,~~994~~103,~~471~~616.6839
	TOTAL AVAILABLE FUNDS FOR DISTRIBUTION					1524,~~030~~573,~~668~~962.9239	1,~~403~~050,~~618~~225.9343	1625,~~434~~624,~~287~~187.8582
PRINCIPAL - COLLECTIONS						GROUP II	GROUP I	TOTAL
	Scheduled Principal					~~632~~623,~~449~~315.2613	61,~~879~~900.0608	~~694~~685,~~328~~215.3221
	Prepayments In Full					818,~~759~~014,~~734~~186.0548	~~943~~409,~~913~~976.9060	918,~~703~~424,~~647~~163.9508
	Curtailments					32221,~~624~~157.1686	9190,~~215~~035.7428	41411,~~839~~193.9014
	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					(~~168~~165,~~016~~088.0925)	(9,~~901~~185.2018)	(~~177~~174,~~917~~273.2943)
	Advanced Principal					~~168~~165,~~016~~088.0925	9,~~901~~185.2018	~~177~~174,~~917~~273.2943
	TOTAL PRINCIPAL COLLECTED					918,~~424~~858,~~807~~659.47	1661,~~015,008~~911.7096	1019,~~439~~520,~~816~~571.1743
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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,~~860~~796,~~450~~820.6629	~~414~~407,~~265~~748.0136	6,~~274~~204,~~715~~568.6765
	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	(86.7251)	(86.7251)
	Prepayment Interest Shortfalls					(3156,~~803~~260.9943)	(21,~~108~~095.3165)	(3357,~~912~~356.3008)
	Compensating Interest					3156,~~803~~260.9943	21,~~108~~095.3165	3357,~~912~~356.3008
	Delinquent Interest					(2,~~021~~014,~~141~~970.5823)	(6972,~~041~~339.0029)	(2,~~090~~087,~~182~~309.5852)
	Interest Advanced					1,~~909~~903,~~114~~844.3969	6568,~~183~~300.2507	1,~~974~~972,~~297~~144.6476
	TOTAL INTEREST COLLECTED					5,~~748~~685,~~423~~694.4775	~~410~~403,~~320~~622.5463	6,~~158~~089,~~744~~317.0138
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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					~~100~~269,~~735~~863.9714	05,794.0086	~~100~~275,~~735~~658.9700
	TOTAL INTEREST OTHER ACCOUNTS					~~100~~269,~~735~~863.9714	05,794.0086	~~100~~275,~~735~~658.9700
INTEREST - FEES						GROUP II	GROUP I	TOTAL
	Current Servicing Fees					~~241~~238,~~706~~680.1984	2120,~~595~~991.7738	~~263~~259,~~301~~672.9622
	Trustee Fee					1,~~591~~574.8013	~~114~~112.5464	1,~~706~~686.3477
	TOTAL INTEREST OTHER FEES					~~243~~240,~~297~~254.9997	21,~~710~~104.3102	~~265~~261,~~008~~358.3099
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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							35,202,096.11
	Current Period Losses							0.00
	Overcollateralized Amount - After Current Losses							35,202,096.11
	Overcollateralization Increase Amount							0.00
	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
COLLATERAL						GROUP II	GROUP I	TOTAL
	Loan Count:
	Original					4559	482	5041
	Prior					4,~~504~~467	~~476~~471	4,~~980~~938
	Prefunding					-	-	-
	Scheduled Paid Offs					-	-	-
	Full Voluntary Prepayments					(3766)	(54)	(4270)
	Repurchases					-	-	-
	Liquidations					-	-	-
	Current					4,~~467~~401	~~471~~467	4,~~938~~868
	Principal Balance:
	Original					864,255,399.16	62,115,551.08	926,370,950.24
	Prior					~~848~~839,~~960~~535,~~115~~308.5609	6160,~~088~~073,~~453~~445.7808	~~910~~899,~~048~~608,~~569~~753.3417
	Prefunding					-	-	-
	Scheduled Principal					(~~632~~623,~~449~~315.2613)	(61,~~879~~900.0608)	(~~694~~685,~~328~~215.3221)
	Partial and Full Voluntary Prepayments					(818,~~792~~235,~~358~~344.2134)	(~~953~~600,~~129~~011.6488)	(918,~~745~~835,~~487~~356.8522)
	Repurchases					-	-	-
	Liquidations					-	-	-
	Current					~~839~~820,~~535~~676,~~308~~648.0962	6059,~~073~~411,~~445~~533.0812	~~899~~880,~~608~~088,~~753~~181.1774
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)
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CHARACTERISTICS						GROUP II	GROUP I	TOTAL
	Weighted Average Coupon Original					8.276997%	8.130950%	8.267204%
	Weighted Average Coupon Prior					8.~~282960~~283712%	8.~~141335~~137676%	8.~~273531~~273909%
	Weighted Average Coupon Current					8.~~283712~~285756%	8.~~137676~~144997%	8.~~273909~~276356%
	Weighted Average Months to Maturity Original					351	323	349
	Weighted Average Months to Maturity Prior					~~350~~349	~~322~~320	~~348~~347
	Weighted Average Months to Maturity Current					~~349~~348	~~320~~318	~~347~~346
	Weighted Avg Remaining Amortization Term Original					350	322	349
	Weighted Avg Remaining Amortization Term Prior					~~349~~348	~~321~~320	~~347~~346
	Weighted Avg Remaining Amortization Term Current					~~348~~347	~~320~~318	~~346~~345
	Weighted Average Seasoning Original					2.98	2.92	2.98
	Weighted Average Seasoning Prior					34.98	34.92	34.98
	Weighted Average Seasoning Current					45.98	45.92	45.9897
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.
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ARM CHARACTERISTICS						GROUP II	GROUP I	TOTAL
	Weighted Average Margin Original					4.446%
	Weighted Average Margin Prior					4.443%
	Weighted Average Margin Current					4.~~443~~442%
	Weighted Average Max Rate Original					13.144%	8.093%
	Weighted Average Max Rate Prior					13.~~144~~142%	8.~~102~~099%
	Weighted Average Max Rate Current					13.~~142~~140%	8.~~099~~105%
	Weighted Average Min Rate Original					6.759%
	Weighted Average Min Rate Prior					6.~~758~~755%
	Weighted Average Min Rate Current					6.~~755~~752%
	Weighted Average Cap Up Original					0.810%
	Weighted Average Cap Up Prior					0.~~809~~808%
	Weighted Average Cap Up Current					0.~~808~~807%
	Weighted Average Cap Down Original					0.810%
	Weighted Average Cap Down Prior					0.~~809~~808%
	Weighted Average Cap Down Current					0.~~808~~807%
Note: Original information refers to deal issue.
SERVICING FEES / ADVANCES						GROUP II	GROUP I	TOTAL
	Current Servicing Fees					~~241~~238,~~706~~680.1984	2120,~~595~~991.7738	~~263~~259,~~301~~672.9622
	Delinquent Servicing Fees					~~112~~111,~~027~~125.1954	34,~~857~~039.7622	115,~~884~~164.9576
	TOTAL SERVICING FEES					~~353~~349,~~733~~806.38	25,~~453~~030.5360	~~379~~374,~~186~~836.9198
	Compensating Interest					(3156,~~803~~260.9943)	(21,~~108~~095.3165)	(3357,~~912~~356.3008)
	Delinquent Servicing Fees					(~~112~~111,~~027~~125.1954)	(34,~~857~~039.7622)	(115,~~884~~164.9576)
	COLLECTED SERVICING FEES					~~209~~182,~~902~~420.2041	19,~~487~~895.4673	~~229~~202,~~389~~316.6614
	Total Advances					2,~~077~~068,~~130~~932.4894	7577,~~084~~485.4525	2,~~152~~146,~~214~~418.9319
	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
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	Delinquency Report - Total
				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			1821,~~394~~589,~~254~~650.0467	37,~~960~~313,~~813~~594.3909	~~705~~3,~~952~~034,564.3414	2331,~~061~~937,~~019~~808.7790
		% Balance			2.0445%	0.4483%	0.0834%	23.5663%
		# Loans			~~123~~137	2849	522	~~156~~208
		% # Loans			2.4981%	01.5701%	0.1045%	34.1627%
FORECLOSURE		Balance		-	-	~~927~~217,~~744~~699.5763	34,~~255~~890,~~303~~236.6641	45,~~183~~107,~~048~~936.2304
		% Balance		0.00%	0.00%	0.1002%	0.3656%	0.4658%
		# Loans		-	-	62	1626	2228
		% # Loans		0.00%	0.00%	0.1204%	0.3253%	0.4558%
BANKRUPTCY		Balance		~~800~~2,~~320~~175,828.7739	~~537~~246,~~189~~161.0702	23916,~~829~~806.5202	-23,800.19	13,~~361~~362,~~339~~595.3662
		% Balance		0.0925%	0.0603%	0.0010%	0.00%	0.1538%
		# Loans		1012	54	17	-1	1624
		% # Loans		0.2025%	0.1008%	0.0214%	0.0002%	0.3249%
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		~~800~~2,~~320~~175,828.7739	1821,~~931~~835,~~443~~811.1169	48,~~912~~448,~~387~~099.4874	37,~~961~~948,~~256~~600.0074	2840,~~605~~408,~~407~~340.3656
		% Balance		0.0925%	2.1048%	0.5596%	0.4490%	34.1859%
		# Loans		1012	~~128~~141	3558	2149	~~194~~260
		% # Loans		0.2025%	2.5990%	01.7119%	01.4301%	35.9334%
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.
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				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			~~878~~420,~~621~~580.9967	~~99,392.22~~-	-99,267.38	~~978~~519,~~014~~848.2105
		% Balance			10.4671%	0.1700%	0.0017%	10.6387%
		# Loans			87	1-	-1	98
		% # Loans			1.7050%	0.2100%	0.0021%	1.9171%
FORECLOSURE		Balance		-	-	59140,~~088~~276.4821	-59,072.69	59199,~~088~~348.4890
		% Balance		0.00%	0.00%	0.1024%	0.0010%	0.1034%
		# Loans		-	-	1	-1	12
		% # Loans		0.00%	0.00%	0.21%	0.0021%	0.2143%
BANKRUPTCY		Balance		125,~~436~~383.8313	~~12,507.68~~-	~~23,829.52~~-	-23,800.19	~~161~~149,~~774~~183.0332
		% Balance		0.21%	0.0200%	0.0400%	0.0004%	0.2725%
		# Loans		1	1-	1-	-1	32
		% # Loans		0.21%	0.2100%	0.2100%	0.0021%	0.6443%
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		125,~~436~~383.8313	~~891~~420,~~129~~580.67	~~182~~140,~~310~~276.2221	-182,140.26	1868,~~198,876~~380.7227
		% Balance		0.21%	10.4871%	0.3024%	0.0031%	21.0046%
		# Loans		1	97	31	-3	1312
		% # Loans		0.21%	1.9150%	0.6421%	0.0064%	2.7657%
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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				<1 PAYMENT	1 PAYMENT	2 PAYMENTS	3+ PAYMENTS	TOTAL
DELINQUENT		Balance			1721,~~515~~169,~~632~~070.0500	37,~~861~~313,~~421~~594.1709	~~705~~2,~~952~~935,296.3476	2231,~~083~~417,~~005~~960.5685
		% Balance			2.0958%	0.4689%	0.0836%	23.6383%
		# Loans			~~115~~130	2749	521	~~147~~200
		% # Loans			2.5795%	01.6011%	0.1148%	34.2954%
FORECLOSURE		Balance		-	-	~~868~~77,~~656~~423.0942	34,~~255~~831,~~303~~163.6672	4,~~123~~908,~~959~~587.7514
		% Balance		0.00%	0.00%	0.1001%	0.3959%	0.4960%
		# Loans		-	-	51	1625	2126
		% # Loans		0.00%	0.00%	0.1102%	0.3657%	0.4759%
BANKRUPTCY		Balance		~~674~~2,~~883~~050,445.9426	~~524~~246,~~681~~161.3902	-916,806.02	-	13,~~199~~213,~~565~~412.3330
		% Balance		0.0825%	0.0603%	0.0011%	0.00%	0.1439%
		# Loans		911	4	-7	-	1322
		% # Loans		0.2025%	0.09%	0.0016%	0.00%	0.2950%
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		~~674~~2,~~883~~050,445.9426	1821,~~040~~415,~~313~~231.4402	48,~~730~~307,~~077~~823.2653	37,~~961~~766,~~256~~460.0048	2739,~~406~~539,~~530~~960.6429
		% Balance		0.0825%	2.1561%	01.5601%	0.4795%	34.2682%
		# Loans		911	~~119~~134	3257	2146	~~181~~248
		% # Loans		0.2025%	23.6604%	01.7230%	01.4705%	45.0564%
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.
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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
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SUMMARY				LOAN GROUP
Total Loan Count = 7				Loan Group 1 = Group I Group
Total Loan Count = 6				Loan Group 1 = Group I Group
Total Original Principal Balance = 1,669,464.00				Loan Group 2 = Group II Group
Total Original Principal Balance = 930,675.00				Loan Group 2 = Group II Group
Total Current Balance = 1,665,135.76
Total Current Balance = 927,178.67
Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	LTV at	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
74313420 1		59,150.00	59,088.48	Mar-01-03	12.500%	TX - 65.00%	360	Feb-28-03
74350380 1		140,600.00	140,276.21	Apr-01-03	8.800%	FL - 95.00%	360	Mar-13-03
74041351 2		193,500.00	193,041.24	Feb-01-03	9.750%	OK - 79.99%	360	Jan-14-03
73612418 2		110,500.00	110,093.06	Feb-01-03	9.950%	LA - 85.00%	360	Nov-26-02
74139197 2		741,000.00	738,377.38	Feb-01-03	7.800%	MN - 57.00%	360	Jan-15-03
74227232 2		352,000.00	350,327.36	Mar-01-03	7.250%	UT - 80.00%	360	Jan-17-03
74189606 2		198,000.00	197,648.93	Mar-01-03	10.050%	MI - 90.00%	360	Feb-20-03
74286261 2		60,775.00	60,663.44	Mar-01-03	10.950%	AL - 85.00%	360	Feb-20-03
74210956 2		122,714.00	122,478.78	Mar-01-03	10.750%	TX - 66.26%	360	Jan-13-03
74303546 2		189,000.00	188,395.18	Mar-01-03	8.300%	WA - 90.00%	360	Feb-19-03
74267246 2		57,600.00	57,501.06	Mar-01-03	10.200%	KY - 80.00%	360	Feb-11-03
74376732 2		77,800.00	77,423.42	Apr-01-03	10.750%	UT - 20.00%	240	Mar-13-03
74339458 2		297,500.00	296,999.89	Mar-01-03	10.300%	NY - 85.00%	360	Feb-28-03
				Page 19 of 29				© COPYRIGHT 2003 Deutsche Bank
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	Prepayment Report - Voluntary Prepayments
VOLUNTARY PREPAYMENTS						GROUP II	GROUP I	TOTAL
	Current
	Number of Paid in Full Loans					37	5	42
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					37	5	42
	Paid in Full Balance					8,759,734.05	943,913.90	9,703,647.95
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					32,624.16	9,215.74	41,839.90
	Total Prepayment Amount					8,792,358.21	953,129.64	9,745,487.85
	Cumulative
	Number of Paid in Full Loans					92	11	103
	Number of Repurchased Loans					-	-	-
	Total Number of Loans Prepaid in Full					92	11	103
	Paid in Full Balance					22,698,634.81	1,836,413.68	24,535,048.49
	Repurchased Loans Balance					-	-	-
	Curtailments Amount					118,083.92	19,752.59	137,836.51
	Total Prepayment Amount					22,816,718.73	1,856,166.27	24,672,885.00
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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VOLUNTARY PREPAYMENT RATES						GROUP II	GROUP I	TOTAL
	SMM					1.04%	1.56%	1.07%
	3 Months Avg SMM					0.89%	1.01%	0.90%
	12 Months Avg SMM
	Avg SMM Since Cut-off					0.89%	1.01%	0.90%
	CPR					11.75%	17.21%	12.13%
	3 Months Avg CPR					10.16%	11.45%	10.25%
	12 Months Avg CPR
	Avg CPR Since Cut-off					10.16%	11.45%	10.25%
	PSA					1179.91%	1750.47%	1218.76%
	3 Months Avg PSA Approximation					1276.31%	1461.70%	1288.60%
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation					1276.31%	1461.70%	1288.60%
	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 July 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 July 25, 2003 Distribution
	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution
SUMMARY						LOAN GROUP
Total Loan Count = 42						Loan Group 1 = Group I Group
Total Original Principal Balance = 9,734,843.80						Loan Group 2 = Group II Group
Total Prepayment Amount = 9,703,647.95
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
74192832 1			355,500.00	354,441.00	Jun-20-03	7.550%	CA - 90.00%	Paid Off - 360	Jan-24-03
74238304 1			150,000.00	149,483.33	Jun-18-03	7.100%	CA - 84.75%	Paid Off - 360	Feb-04-03
74256637 1			357,000.00	355,919.52	Jun-23-03	7.450%	CO - 85.00%	Paid Off - 360	Jan-29-03
74326653 1			66,400.00	66,135.13	Jun-16-03	9.990%	CA - 20.00%	Paid Off - 240	Feb-26-03
74345042 1			18,000.00	17,934.92	Jun-23-03	10.750%	CO - 20.00%	Paid Off - 240	Feb-27-03
44659514 2			136,000.00	135,515.73	Jun-02-03	11.200%	CA - 80.00%	Paid Off - 360	Aug-07-02
73577884 2			60,800.00	60,659.53	Jun-25-03	10.750%	NJ - 80.00%	Paid Off - 360	Nov-07-02
73629396 2			49,000.00	48,906.84	Jun-06-03	11.800%	AZ - 70.00%	Paid Off - 360	Dec-03-02
73639163 2			94,500.00	94,246.57	Jun-20-03	10.050%	CA - 90.00%	Paid Off - 360	Dec-10-02
73652935 2			250,000.00	249,003.21	Jun-30-03	7.200%	CA - 66.67%	Paid Off - 360	Dec-31-02
74053026 2			165,750.00	165,379.22	Jun-26-03	10.900%	CA - 65.00%	Paid Off - 360	Dec-10-02
74065236 2			69,700.00	69,539.46	Jun-23-03	8.800%	MI - 85.00%	Paid Off - 360	Jan-21-03
74141573 2			330,000.00	327,262.77	Jun-24-03	6.875%	UT - 73.33%	Paid Off - 360	Dec-30-02
74142415 2			680,000.00	676,983.89	Jun-03-03	6.700%	CA - 85.00%	Paid Off - 360	Dec-31-02
74142977 2			233,600.00	232,931.33	Jun-03-03	9.000%	CA - 80.00%	Paid Off - 360	Jan-10-03
74145301 2			75,000.00	74,814.54	Jun-24-03	9.550%	PA - 66.96%	Paid Off - 360	Dec-30-02
74152257 2			194,400.00	194,103.28	Jun-30-03	10.750%	CT - 90.00%	Paid Off - 360	Jan-15-03
74161019 2			463,904.00	461,626.43	Jun-10-03	6.125%	CA - 80.00%	Paid Off - 360	Dec-30-02
74164476 2			572,000.00	570,302.96	Jun-04-03	7.550%	IL - 80.00%	Paid Off - 360	Jan-30-03
74169392 2			76,680.00	75,781.04	Jun-06-03	10.500%	TX - 20.00%	Paid Off - 180	Dec-30-02
74171695 2			87,550.00	87,369.32	Jun-30-03	9.350%	OH - 85.00%	Paid Off - 360	Jan-22-03
74177395 2			400,000.00	399,111.79	Jun-04-03	9.200%	CA - 80.00%	Paid Off - 360	Jan-13-03
74186727 2			200,000.00	199,525.81	Jun-02-03	9.750%	CA - 56.82%	Paid Off - 360	Jan-08-03
74188285 2			250,500.00	249,968.55	Jun-20-03	10.200%	IL - 84.92%	Paid Off - 360	Jan-02-03
74198987 2			348,300.00	347,147.96	Jun-05-03	7.000%	CA - 90.00%	Paid Off - 360	Jan-29-03
74207812 2			650,000.00	647,329.64	Jun-30-03	5.875%	CO - 76.47%	Paid Off - 360	Jan-13-03
74211640 2			361,250.00	359,933.03	Jun-20-03	6.500%	UT - 85.00%	Paid Off - 360	Jan-17-03
74234451 2			259,200.00	258,208.53	Jun-24-03	6.250%	CO - 90.00%	Paid Off - 360	Jan-24-03
74241027 2			59,993.80	59,776.96	Jun-10-03	10.750%	IL - 20.00%	Paid Off - 240	Feb-21-03
74246794 2			148,500.00	148,169.00	Jun-12-03	9.600%	NM - 90.00%	Paid Off - 360	Jan-31-03
74250093 2			125,000.00	124,817.26	Jun-30-03	10.950%	MI - 75.76%	Paid Off - 360	Jan-28-03
74254152 2			183,200.00	182,867.16	Jun-25-03	9.950%	MD - 81.06%	Paid Off - 360	Jan-30-03
74254210 2			508,000.00	507,021.48	Jun-12-03	8.250%	CA - 80.00%	Paid Off - 360	Feb-13-03
74258195 2			35,100.00	34,973.13	Jun-20-03	10.750%	CA - 20.00%	Paid Off - 240	Feb-13-03
74273418 2			168,000.00	167,672.45	Jun-19-03	9.600%	TX - 70.00%	Paid Off - 360	Jan-31-03
74295338 2			144,500.00	144,314.68	Jun-24-03	10.200%	CA - 85.00%	Paid Off - 360	Feb-26-03
74295908 2			375,172.00	374,262.10	Jun-18-03	7.100%	CA - 80.00%	Paid Off - 360	Feb-25-03
74298639 2			195,000.00	194,657.45	Jun-02-03	8.700%	CA - 55.71%	Paid Off - 360	Feb-18-03
74310707 2			310,500.00	309,754.34	Jun-02-03	7.150%	CA - 90.00%	Paid Off - 360	Feb-21-03
74322850 2			264,000.00	263,415.13	Jun-26-03	8.100%	MA - 50.58%	Paid Off - 360	Feb-28-03
74327131 2			70,344.00	70,089.75	Jun-18-03	10.750%	CA - 15.00%	Paid Off - 240	Feb-25-03
74351339 2			192,500.00	192,291.73	Jun-17-03	10.990%	CA - 70.00%	Paid Off - 360	Feb-28-03
					Page 23 of 28				© COPYRIGHT 2003 Deutsche Bank
	Long Beach Mortgage Loan Trust 2003-2
	Mortgage Pass-Through Certificates
	Realized Loss Report for July 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 July 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					0.00%	0.00%	0.00%
	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					0.00%	0.00%	0.00%
	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					0.00%	0.00%	0.00%
	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 July 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 July 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 July 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							8,873,643.48
	Beginning Pool Balance							910,048,569.34
	Delinquency Percentage							0.98%
	Cumulative Loss Percentage							0.000000%
	Credit Enhancement Percentage							19.849720%
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							1.420000%
	Class M-1 Next Pass-Through Rate							1.920000%
	Class M-2 Next Pass-Through Rate							3.000000%
	Class M-3 Next Pass-Through Rate							3.350000%
	Class M-4 Next Pass-Through Rate							3.850000%
	Class M-5 Next Pass-Through Rate							4.850000%
ADDITIONAL INFORMATION						GROUP II	GROUP I	TOTAL
	Libor for Current Period							1.035000%
	Libor Date for Current Period							Jun-23-2003
	Libor for Next Period							1.100000%
	Libor Date for Next Period							Jul-23-2003
	Reserve Fund Balance							1,000.88
	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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