Cendant Mortgage Corporation   Mortgage Pass-Through
Certificates,  Series 2003-1
Distribution
Date:           05/27/2003
Record Date:    04/30/2003

Distribution
Summary

DISTRIBUTION IN
DOLLARS

                                      Prior         Pass-                                                                                   Current
                Original              Principal     Through       Interest    Principal   Total          Deferred               Realized    Principal
Class           Balance               Balance       Rate          Distributed Distributed Distributed    Interest               Loss        Balance
(1)             (2)                   (3)           (4)           (5)         (6)         (7)=(5+6)      (8)                    (9)         (10)=(3-6+8-9)

A1              27,653,440.00         27,653,440.00 5.500000%     126,720.94  0.00        126,720.94     0.00                   0.00        27,653,440.00

A2              33,184,129.00         32,690,172.18 5.500000%     149,801.60  1,118,668.251,268,469.85   0.00                   0.00        31,571,503.93

A3              30,029,513.00         29,785,695.19 5.500000%     136,491.93  552,176.28  688,668.21     0.00                   0.00        29,233,518.91

A4              25,024,594.00         24,821,412.49 5.500000%     113,743.27  460,146.90  573,890.17     0.00                   0.00        24,361,265.59

A5              40,039,352.00         39,714,261.57 5.500000%     181,989.24  736,235.06  918,224.30     0.00                   0.00        38,978,026.51

A6              25,024,594.00         24,758,859.97 5.500000%     113,456.63  543,328.78  656,785.41     0.00                   0.00        24,215,531.19

A7              25,024,594.00         24,758,859.97 5.500000%     113,456.63  543,328.78  656,785.41     0.00                   0.00        24,215,531.19

A8              7,229,327.00          7,295,735.17  5.500000%     0.00        0.00        0.00           33,432.46              0.00        7,329,167.63

A9              12,214,228.00         12,326,427.17 5.500000%     0.00        0.00        0.00           56,485.43              0.00        12,382,912.60

A10             33,032,464.00         33,032,464.00 5.500000%     151,370.13  0.00        151,370.13     0.00                   0.00        33,032,464.00

P               184,029.43            183,462.55    0.000000%     0.00        331.87      331.87         0.00                   0.00        183,130.68

B1              12,381,720.00         12,355,688.80 5.500000%     56,619.52   13,000.06   69,619.58      0.00                   0.00        12,342,688.74

B2              1,375,747.00          1,372,854.65  5.500000%     6,291.06    1,444.45    7,735.51       0.00                   0.00        1,371,410.20

B3              1,238,172.00          1,235,568.88  5.500000%     5,661.95    1,300.01    6,961.96       0.00                   0.00        1,234,268.87

B4              550,299.00            549,142.06    5.500000%     2,516.42    577.78      3,094.20       0.00                   0.00        548,564.28

B5              412,724.00            411,856.30    5.500000%     1,887.31    433.34      2,320.65       0.00                   0.00        411,422.96

B6              550,299.35            549,142.41    5.500000%     2,516.42    577.78      3,094.20       0.00                   0.00        548,564.63

R               100.00                0.00          5.500000%     0.00        0.00        0.00           0.00                   0.00        0.00

Totals          275,149,325.78        273,495,043.36              1,162,523.053,971,549.345,134,072.39   89,917.89              0.00        266,870,591.17

Notional Classes

X               259,960,648.00        258,365,163.680.432730%     93,150.99   0.00        93,150.99      0.00                   0.00        254,506,655.43

Distribution Summary (Factors)

PER $1,000 OF ORIGINAL BALANCE

                                      Prior                                                                                     Current
                                      Principal     Interest      Principal   Total       Deferred       Realized               Principal
                                                    Distributed
Class           CUSIP                 Balance       (5/2 x 1000)  Distributed Distributed Interest       Loss                   Balance
                                      (3/2 x 1000)                (6/2 x 1000)(7/2 x 1000)(8/2 x 1000)   (9/2 x 1000)           (10/2 x
                                                                                                                                1000)

A1              15132ECE6             1,000.000000  4.582466      0.000000    4.582466    0.000000       0.000000               1,000.000000

A2              15132ECF3             985.114667    4.514254      33.710942   38.225196   0.000000       0.000000               951.403725

A3              15132ECG1             991.880727    4.545260      18.387787   22.933046   0.000000       0.000000               973.492940

A4              15132ECH9             991.880727    4.545259      18.387787   22.933046   0.000000       0.000000               973.492940

A5              15132ECJ5             991.880727    4.545259      18.387787   22.933046   0.000000       0.000000               973.492940

A6              15132ECK2             989.381085    4.533805      21.711792   26.245597   0.000000       0.000000               967.669293

A7              15132ECL0             989.381085    4.533805      21.711792   26.245597   0.000000       0.000000               967.669293

A8              15132ECM8             1,009.185941  0.000000      0.000000    0.000000    4.624560       0.000000               1,013.810501

A9              15132ECN6             1,009.185940  0.000000      0.000000    0.000000    4.624560       0.000000               1,013.810500

A10             15132ECP1             1,000.000000  4.582466      0.000000    4.582466    0.000000       0.000000               1,000.000000

P               15132ECQ9             996.919623    0.000000      1.803353    1.803353    0.000000       0.000000               995.116270

B1              15132ECS5             997.897610    4.572832      1.049940    5.622771    0.000000       0.000000               996.847671

B2              15132ECT3             997.897615    4.572832      1.049939    5.622771    0.000000       0.000000               996.847676

B3              15132ECU0             997.897610    4.572830      1.049943    5.622773    0.000000       0.000000               996.847667

B4              15132ECW6             997.897616    4.572823      1.049938    5.622761    0.000000       0.000000               996.847677

B5              15132ECX4             997.897627    4.572814      1.049951    5.622765    0.000000       0.000000               996.847675

B6              15132ECY2             997.897617    4.572820      1.049938    5.622758    0.000000       0.000000               996.847679

R               15132ECV8             0.000000      0.000000      0.000000    0.000000    0.000000       0.000000               0.000000

X               15132ECR7             993.862593    0.358327      0.000000    0.358327    0.000000       0.000000               979.019930

Interest
Distribution
Detail

DISTRIBUTION IN
DOLLARS

                Prior                 Pass-         Optimal       Prior       Non-Recov                                                     Current
                Principal             Through       Accrued       Unpaid      Interest    Interest       Deferred               Interest    Unpaid
                                                                                                                                Distributed
Class           Balance               Rate          Interest      Interest    Shortfall   Due            Interest               (9)         Interest
(1)             (2)                   (3)           (4)           (5)         (6)         (7)=(4)+(5)-(6)(8)                                (10)=(7)-(8)-(9)

A1              27,653,440.00         5.500000%     126,744.93    0.00        23.99       126,720.94     0.00                   126,720.94  0.00

A2              32,690,172.18         5.500000%     149,829.96    0.00        28.36       149,801.60     0.00                   149,801.60  0.00

A3              29,785,695.19         5.500000%     136,517.77    0.00        25.84       136,491.93     0.00                   136,491.93  0.00

A4              24,821,412.49         5.500000%     113,764.81    0.00        21.54       113,743.27     0.00                   113,743.27  0.00

A5              39,714,261.57         5.500000%     182,023.70    0.00        34.46       181,989.24     0.00                   181,989.24  0.00

A6              24,758,859.97         5.500000%     113,478.11    0.00        21.48       113,456.63     0.00                   113,456.63  0.00

A7              24,758,859.97         5.500000%     113,478.11    0.00        21.48       113,456.63     0.00                   113,456.63  0.00

A8              7,295,735.17          5.500000%     33,438.79     0.00        6.33        33,432.46      33,432.46              0.00        0.00

A9              12,326,427.17         5.500000%     56,496.12     0.00        10.69       56,485.43      56,485.43              0.00        0.00

A10             33,032,464.00         5.500000%     151,398.79    0.00        28.66       151,370.13     0.00                   151,370.13  0.00

P               183,462.55            0.000000%     0.00          0.00        0.00        0.00           0.00                   0.00        0.00

B1              12,355,688.80         5.500000%     56,630.24     0.00        10.72       56,619.52      0.00                   56,619.52   0.00

B2              1,372,854.65          5.500000%     6,292.25      0.00        1.19        6,291.06       0.00                   6,291.06    0.00

B3              1,235,568.88          5.500000%     5,663.02      0.00        1.07        5,661.95       0.00                   5,661.95    0.00

B4              549,142.06            5.500000%     2,516.90      0.00        0.48        2,516.42       0.00                   2,516.42    0.00

B5              411,856.30            5.500000%     1,887.67      0.00        0.36        1,887.31       0.00                   1,887.31    0.00

B6              549,142.41            5.500000%     2,516.90      0.00        0.48        2,516.42       0.00                   2,516.42    0.00

R               0.00                  5.500000%     0.00          0.00        0.00        0.00           0.00                   0.00        0.00

  Totals        273,495,043.36                      1,252,678.07  0.00        237.13      1,252,440.94   89,917.89              1,162,523.050.00

Notional Classes

X               258,365,163.68        0.432730%     93,168.63     0.00        17.64       93,150.99      0.00                   93,150.99   0.00

Principal
Distribution
Detail

DISTRIBUTION IN
DOLLARS

                                      Prior                                   Current     Current        Current                Cumulative
                Original              Principal     Principal     Accreted    Realized    Principal      Principal              Realized
Class           Balance               Balance       Distribution  Principal   Losses      Recoveries     Balance                Losses
(1)             (2)                   (3)           (4)           (5)         (6)         (7)            (8)=(3)-(4)+(5)-(6)+(7)(9)

A1              27,653,440.00         27,653,440.00 0.00          0.00        0.00        0.00           27,653,440.00          0.00

A2              33,184,129.00         32,690,172.18 1,118,668.25  0.00        0.00        0.00           31,571,503.93          0.00

A3              30,029,513.00         29,785,695.19 552,176.28    0.00        0.00        0.00           29,233,518.91          0.00

A4              25,024,594.00         24,821,412.49 460,146.90    0.00        0.00        0.00           24,361,265.59          0.00

A5              40,039,352.00         39,714,261.57 736,235.06    0.00        0.00        0.00           38,978,026.51          0.00

A6              25,024,594.00         24,758,859.97 543,328.78    0.00        0.00        0.00           24,215,531.19          0.00

A7              25,024,594.00         24,758,859.97 543,328.78    0.00        0.00        0.00           24,215,531.19          0.00

A8              7,229,327.00          7,295,735.17  0.00          33,432.46   0.00        0.00           7,329,167.63           0.00

A9              12,214,228.00         12,326,427.17 0.00          56,485.43   0.00        0.00           12,382,912.60          0.00

A10             33,032,464.00         33,032,464.00 0.00          0.00        0.00        0.00           33,032,464.00          0.00

P               184,029.43            183,462.55    331.87        0.00        0.00        0.00           183,130.68             0.00

B1              12,381,720.00         12,355,688.80 13,000.06     0.00        0.00        0.00           12,342,688.74          0.00

B2              1,375,747.00          1,372,854.65  1,444.45      0.00        0.00        0.00           1,371,410.20           0.00

B3              1,238,172.00          1,235,568.88  1,300.01      0.00        0.00        0.00           1,234,268.87           0.00

B4              550,299.00            549,142.06    577.78        0.00        0.00        0.00           548,564.28             0.00

B5              412,724.00            411,856.30    433.34        0.00        0.00        0.00           411,422.96             0.00

B6              550,299.35            549,142.41    577.78        0.00        0.00        0.00           548,564.63             0.00

R               100.00                0.00          0.00          0.00        0.00        0.00           0.00                   0.00

  Totals        273,635,903.43        273,495,043.363,971,549.34  1,155,602.903,969,960.440.00           269,613,411.91         0.00

Collateral
Summary

ASSET
CHARACTERISTICS

                Cut-Off               Prior         Current

Aggregate Stated
Principal       275,149,325.78        273,495,043.36269,613,411.96
Balance

Loan Count      615                   613           606

Weighted Average
Coupon Rate     6.164596%             6.162603%     N/A
(WAC)

Net Weighted
Average Coupon  5.907096%             5.905103%     N/A
Rate (Net WAC)

Weighted Average
Maturity (WAM in351                   349           348
months)

AVAILABLE
PRINCIPAL       AVAILABLE INTEREST

Scheduled
Interest        1,404,534.34
Curtailments    342,978.17
Less:           Servicing Fees        56,978.23
Trustee Fees    1,709.35
Uncompensated
PPIS            0.00
Relief Act
Shortfall       254.77
Extraordinary
Trust Fund      0.00
Expenses
Primary Mortgage
Insurance       0.00
TOTAL AVAILABLE
PRINCIPAL       37,741.00
TOTAL AVAILABLE
INTEREST        1,345,591.99
Current Realized
Losses          0.00
Cumulative
Realized Losses 0.00

Delinquency
Information

                1 Month               2 Months      3+ Months     Totals

Delinquency

Scheduled
Principal       525,223.04            0.00          0.00          525,223.04
Balance
Percentage of
Total Pool      0.1948%               0.0000%       0.0000%       0.1948%
Balance
Number of Loans 1                     0             0             1

Percentage of
Total Loans     0.1650%               0.0000%       0.0000%       0.1650%
Bankruptcy

Scheduled
Principal                             0.00          0.00          0.00        0.00
Balance
Percentage of Total Pool Balance      0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                       0             0             0           0
Percentage of
Total Loans                           0.0000%       0.0000%       0.0000%     0.0000%

Foreclosure

Scheduled
Principal                             0.00          0.00          0.00        0.00
Balance
Percentage of Total Pool Balance      0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                       0             0             0           0
Percentage of
Total Loans                           0.0000%       0.0000%       0.0000%     0.0000%

REO

Scheduled
Principal                             0.00          0.00          0.00        0.00
Balance
Percentage of Total Pool Balance      0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                       0             0             0           0
Percentage of
Total Loans                           0.0000%       0.0000%       0.0000%     0.0000%

Total

Scheduled
Principal                             525,223.04    0.00          0.00        525,223.04
Balance
Percentage of Total Pool Balance      0.1948%       0.0000%       0.0000%     0.1948%

Number of Loans                       1             0             0           1
Percentage of
Total Loans                           0.1650%       0.0000%       0.0000%     0.1650%

Principal and
Interest        52,997.11
Advances

Credit
Enhancement

SUBORDINATION
LEVELS

                Original              Prior         Current

Aggregate
Certificate
Principal       274,965,296.35        273,311,580.81269,430,281.23
Balance

Senior Principal
Balance         258,456,335.00        256,837,327.71252,973,361.55
Senior
Percentage      93.995984%            93.972355%    93.891956%
Senior Credit
Support         6.004016%             6.027645%     6.108044%

Class B1
Principal       12,381,720.00         12,355,688.80 12,342,688.74
Balance
Class B1
Percentage      4.503012%             4.520734%     4.581032%
Class B1 Credit
Support         1.501004%             1.506912%     1.527011%

Class B2
Principal       1,375,747.00          1,372,854.65  1,371,410.20
Balance
Class B2
Percentage      0.500335%             0.502304%     0.509004%
Class B2 Credit
Support         1.000670%             1.004608%     1.018008%

Class B3
Principal       1,238,172.00          1,235,568.88  1,234,268.87
Balance
Class B3
Percentage      0.450301%             0.452073%     0.458103%
Class B3 Credit
Support         0.550368%             0.552534%     0.559904%

Class B4
Principal       550,299.00            549,142.06    548,564.28
Balance
Class B4
Percentage      0.200134%             0.200922%     0.203602%
Class B4 Credit
Support         0.350235%             0.351613%     0.356303%

Class B5
Principal       412,724.00            411,856.30    411,422.96
Balance
Class B5
Percentage      0.150100%             0.150691%     0.152701%
Class B5 Credit
Support         0.200134%             0.200922%     0.203602%

Class B6
Principal       550,299.35            549,142.41    548,564.63
Balance
Class B6
Percentage      0.200134%             0.200922%     0.203602%
Class B6 Credit
Support         0.000000%             0.000000%     0.000000%

Other
Information

Trigger
Information

Has the Class A8
Accretion
Termination DateNo
Been Reached?

Has the Class A9
Accretion
Termination DateNo
Been Reached?

Has the Credit
Support
Depletion Date  No
Been Reached?

Bankruptcy
Amount          185,000.00
Fraud Loss
Amount          2,751,493.26
Special Hazard
Amount          2,871,239.00

CONTACT
INFORMATION     CONTENTS

Distribution
Summary         2
Depositor       Cendant Mortgage
                Capital LLC
Distribution
Summary         2
(Factors)

Mt. Laurel, NJ
08054
Interest
Distribution    2
Underwriter     William J. Mayer
                Securities, LLC
Two Soundview
Drive
Principal
Distribution    2
Greenwich, CT
06830

Collateral
Summary         2
3000 Leadenhall
Road

Delinquency
Information     2

Trustee         Citibank, N.A.
Credit
Enhancement     2

New York, NY
10005
Other
Information     2

Deal Contact:   Kristen Driscoll      Citibank, N.A.
kristen.driscoll@citigroup.com        Agency and
                                      Trust
Tel: (212)                            111 Wall
657-2186                              Street, 14th
                                      Floor, Zone 3
Fax: (212)                            New York, NY
657-4009                              10005

Page 1 of 1      Reports Available at (c) Copyright
                www.sf.citidirect.com 2003 Citigroup

CDMC MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2003-1 8-K