CDMC Mortgage Pass-Through Certificates  Series 2003-4
Distribution
Date:12/26/2003
Record
Date:11/28/2003

Distribution
Summary

DISTRIBUTION IN
DOLLARS

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

IA1               52,289,316.00         45,178,164.99 4.850000%     182,595.08 311,421.55  494,016.63     0.00                   0.00        44,866,743.44

IA2               50,000,000.00         43,488,256.36 4.850000%     175,765.04 285,171.46  460,936.50     0.00                   0.00        43,203,084.90

IA3               22,162,684.00         19,211,056.99 1.618750%     25,914.92  129,261.81  155,176.73     0.00                   0.00        19,081,795.18

IA5               6,000,000.00          6,000,000.00  5.500000%     27,500.00  0.00        27,500.00      0.00                   0.00        6,000,000.00

IIA1              12,254,000.00         10,891,123.32 5.000000%     45,379.68  45,952.28   91,331.96      0.00                   0.00        10,845,171.04

IIA2              49,220,000.00         43,745,804.61 4.250000%     154,933.06 184,574.11  339,507.17     0.00                   0.00        43,561,230.50

IIA3              12,305,000.00         10,936,451.16 1.618750%     14,752.82  46,143.53   60,896.35      0.00                   0.00        10,890,307.63

IP                801,029.47            768,125.82    0.000000%     0.00       918.96      918.96         0.00                   0.00        767,206.86

IIP               545,955.25            529,502.92    0.000000%     0.00       2,222.23    2,222.23       0.00                   0.00        527,280.69

B1                2,315,400.00          2,283,086.09  5.321308%     10,124.17  4,810.97    14,935.14      0.00                   0.00        2,278,275.12

B2                946,800.00            933,586.40    5.321308%     4,139.92   1,967.27    6,107.19       0.00                   0.00        931,619.13

B3                631,300.00            622,489.54    5.321308%     2,760.38   1,311.72    4,072.10       0.00                   0.00        621,177.82

B4                315,600.00            311,195.46    5.321308%     1,379.97   655.76      2,035.73       0.00                   0.00        310,539.70

B5                315,600.00            311,195.46    5.321308%     1,379.97   655.76      2,035.73       0.00                   0.00        310,539.70

B6                315,725.68            311,319.64    5.321308%     1,380.52   656.02      2,036.54       0.00                   0.00        310,663.62

RI                50.00                 0.00          5.500000%     0.00       0.00        0.00           0.00                   0.00        0.00

RII               50.00                 0.00          5.500000%     0.00       0.00        0.00           0.00                   0.00        0.00

RIII              50.00                 0.00          5.500000%     0.00       0.00        0.00           0.00                   0.00        0.00

Totals            210,418,560.40        185,521,358.76              648,005.53 1,015,723.431,663,728.96   0.00                   0.00        183,884,432.01

Notional Classes

IA4               22,162,684.00         19,211,056.99 6.881250%     110,163.40 0.00        110,163.40     0.00                   0.00        19,081,795.18

IIA4              12,305,000.00         10,936,451.16 6.381250%     58,156.86  0.00        58,156.86      0.00                   0.00        10,890,307.63

IX                6,290,956.00          5,213,239.43  5.500000%     23,894.01  0.00        23,894.01      0.00                   0.00        5,181,391.72

IIX               4,960,880.00          4,147,142.07  5.000000%     17,279.76  0.00        17,279.76      0.00                   0.00        4,130,677.61

Totals            45,719,520.00         39,507,889.65               209,494.03 0.00        209,494.03     0.00                   0.00        0.00

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)  DistributedDistributed Interest       Loss                   Balance
                                        (3/2 x 1000)                (6/2 x     (7/2 x 1000)(8/2 x 1000)   (9/2 x 1000)           (10/2 x
                                                                    1000)                                                        1000)

IA1               15132ECZ9             864.003748    3.492015      5.955740   9.447755    0.000000       0.000000               858.048008

IA2               15132EDA3             869.765127    3.515301      5.703429   9.218730    0.000000       0.000000               864.061698

IA3               15132EDB1             866.819966    1.169304      5.832408   7.001712    0.000000       0.000000               860.987558

IA5               15132EDD7             1,000.000000  4.583333      0.000000   4.583333    0.000000       0.000000               1,000.000000

IIA1              15132EDE5             888.781077    3.703254      3.749982   7.453236    0.000000       0.000000               885.031095

IIA2              15132EDF2             888.781077    3.147766      3.749982   6.897748    0.000000       0.000000               885.031095

IIA3              15132EDG0             888.781078    1.198929      3.749982   4.948911    0.000000       0.000000               885.031095

IP                15132EDJ4             958.923297    0.000000      1.147224   1.147224    0.000000       0.000000               957.776073

IIP               15132EDL9             969.865058    0.000000      4.070352   4.070352    0.000000       0.000000               965.794706

B1                15132EDR6             986.043919    4.372536      2.077814   6.450350    0.000000       0.000000               983.966105

B2                15132EDS4             986.043937    4.372539      2.077809   6.450349    0.000000       0.000000               983.966128

B3                15132EDT2             986.043941    4.372533      2.077808   6.450341    0.000000       0.000000               983.966133

B4                15132EDU9             986.043916    4.372529      2.077820   6.450349    0.000000       0.000000               983.966096

B5                15132EDV7             986.043916    4.372529      2.077820   6.450349    0.000000       0.000000               983.966096

B6                15132EDW5             986.044721    4.372530      2.077816   6.450346    0.000000       0.000000               983.966904

RI                15132EDN5             0.000000      0.000000      0.000000   0.000000    0.000000       0.000000               0.000000

RII               15132EDP0             0.000000      0.000000      0.000000   0.000000    0.000000       0.000000               0.000000

RIII              15132EDQ8             0.000000      0.000000      0.000000   0.000000    0.000000       0.000000               0.000000

IA4               15132EDC9             866.819966    4.970671      0.000000   4.970671    0.000000       0.000000               860.987558

IIA4              15132EDH8             888.781078    4.726279      0.000000   4.726279    0.000000       0.000000               885.031095

IX                15132EDK1             828.687950    3.798152      0.000000   3.798152    0.000000       0.000000               823.625490

IIX               15132EDM7             835.969036    3.483205      0.000000   3.483205    0.000000       0.000000               832.650177

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)

IA1               45,178,164.99         4.850000%     182,595.08    0.00       0.00        182,595.08     0.00                   182,595.08  0.00

IA2               43,488,256.36         4.850000%     175,765.04    0.00       0.00        175,765.04     0.00                   175,765.04  0.00

IA3               19,211,056.99         1.618750%     25,914.92     0.00       0.00        25,914.92      0.00                   25,914.92   0.00

IA5               6,000,000.00          5.500000%     27,500.00     0.00       0.00        27,500.00      0.00                   27,500.00   0.00

IIA1              10,891,123.32         5.000000%     45,379.68     0.00       0.00        45,379.68      0.00                   45,379.68   0.00

IIA2              43,745,804.61         4.250000%     154,933.06    0.00       0.00        154,933.06     0.00                   154,933.06  0.00

IIA3              10,936,451.16         1.618750%     14,752.82     0.00       0.00        14,752.82      0.00                   14,752.82   0.00

IP                768,125.82            0.000000%     0.00          0.00       0.00        0.00           0.00                   0.00        0.00

IIP               529,502.92            0.000000%     0.00          0.00       0.00        0.00           0.00                   0.00        0.00

B1                2,283,086.09          5.321308%     10,124.17     0.00       0.00        10,124.17      0.00                   10,124.17   0.00

B2                933,586.40            5.321308%     4,139.92      0.00       0.00        4,139.92       0.00                   4,139.92    0.00

B3                622,489.54            5.321308%     2,760.38      0.00       0.00        2,760.38       0.00                   2,760.38    0.00

B4                311,195.46            5.321308%     1,379.97      0.00       0.00        1,379.97       0.00                   1,379.97    0.00

B5                311,195.46            5.321308%     1,379.97      0.00       0.00        1,379.97       0.00                   1,379.97    0.00

B6                311,319.64            5.321308%     1,380.52      0.00       0.00        1,380.52       0.00                   1,380.52    0.00

RI                0.00                  5.500000%     0.00          0.00       0.00        0.00           0.00                   0.00        0.00

RII               0.00                  5.500000%     0.00          0.00       0.00        0.00           0.00                   0.00        0.00

RIII              0.00                  5.500000%     0.00          0.00       0.00        0.00           0.00                   0.00        0.00

  Totals          185,521,358.76                      648,005.53    0.00       0.00        648,005.53     0.00                   648,005.53  0.00

Notional Classes

IA4               19,211,056.99         6.881250%     110,163.40    0.00       0.00        110,163.40     0.00                   110,163.40  0.00

IIA4              10,936,451.16         6.381250%     58,156.86     0.00       0.00        58,156.86      0.00                   58,156.86   0.00

IX                5,213,239.43          5.500000%     23,894.01     0.00       0.00        23,894.01      0.00                   23,894.01   0.00

IIX               4,147,142.07          5.000000%     17,279.76     0.00       0.00        17,279.76      0.00                   17,279.76   0.00

  Totals          39,507,889.65                       209,494.03    0.00       0.00        209,494.03     0.00                   209,494.03  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)

IA1               52,289,316.00         45,178,164.99 311,421.55    0.00       0.00        0.00           44,866,743.44          0.00

IA2               50,000,000.00         43,488,256.36 285,171.46    0.00       0.00        0.00           43,203,084.90          0.00

IA3               22,162,684.00         19,211,056.99 129,261.81    0.00       0.00        0.00           19,081,795.18          0.00

IA5               6,000,000.00          6,000,000.00  0.00          0.00       0.00        0.00           6,000,000.00           0.00

IIA1              12,254,000.00         10,891,123.32 45,952.28     0.00       0.00        0.00           10,845,171.04          0.00

IIA2              49,220,000.00         43,745,804.61 184,574.11    0.00       0.00        0.00           43,561,230.50          0.00

IIA3              12,305,000.00         10,936,451.16 46,143.53     0.00       0.00        0.00           10,890,307.63          0.00

IP                801,029.47            768,125.82    918.96        0.00       0.00        0.00           767,206.86             0.00

IIP               545,955.25            529,502.92    2,222.23      0.00       0.00        0.00           527,280.69             0.00

B1                2,315,400.00          2,283,086.09  4,810.97      0.00       0.00        0.00           2,278,275.12           0.00

B2                946,800.00            933,586.40    1,967.27      0.00       0.00        0.00           931,619.13             0.00

B3                631,300.00            622,489.54    1,311.72      0.00       0.00        0.00           621,177.82             0.00

B4                315,600.00            311,195.46    655.76        0.00       0.00        0.00           310,539.70             0.00

B5                315,600.00            311,195.46    655.76        0.00       0.00        0.00           310,539.70             0.00

B6                315,725.68            311,319.64    656.02        0.00       0.00        0.00           310,663.62             0.00

RI                50.00                 0.00          0.00          0.00       0.00        0.00           0.00                   0.00

RII               50.00                 0.00          0.00          0.00       0.00        0.00           0.00                   0.00

RIII              50.00                 0.00          0.00          0.00       0.00        0.00           0.00                   0.00

  Totals          210,102,684.72        185,521,358.761,015,723.43  646,625.01 1,015,067.410.00           184,505,635.33         0.00

Collateral Summary
- Group 1

ASSET
CHARACTERISTICS

                  Cut-Off               Prior         Current

Aggregate Stated
Principal Balance 134,343,428.22        117,712,727.71116,982,493.20

Loan Count        293                   260           259

Weighted Average
Coupon Rate (WAC) 5.982257%             5.965193%     N/A

Net Weighted
Average Coupon    5.724757%             5.707693%     N/A
Rate (Net WAC)

Weighted Average
Maturity (WAM in  353                   345           344
months)

AVAILABLE
PRINCIPAL         AVAILABLE INTEREST

PO Principal      Total Principal
Scheduled Interest585,149.36
4.33              210,501.55
Less:             Servicing Fees        24,523.48
Trustee Fees      735.70
Uncompensated PPIS0.00
Relief Act
Shortfall         0.00
Extraordinary
Trust Fund        0.00
Expenses
0.00              0.00
TOTAL AVAILABLE
INTEREST          559,890.17
0.00              0.00
0.00              0.00

Collateral Summary
- Group 2

ASSET
CHARACTERISTICS

                  Cut-Off               Prior         Current

Aggregate Stated
Principal Balance 76,075,132.18         67,808,630.76 67,523,141.84

Loan Count        164                   152           152

Weighted Average
Coupon Rate (WAC) 5.547669%             5.524254%     N/A

Net Weighted
Average Coupon    5.290169%             5.266754%     N/A
Rate (Net WAC)

Weighted Average
Maturity (WAM in  179                   172           171
months)

AVAILABLE
PRINCIPAL         AVAILABLE INTEREST

PO Principal      Total Principal
Scheduled Interest312,160.04
69.30             23,142.08
Less:             Servicing Fees        14,126.80
Trustee Fees      423.80
Uncompensated PPIS0.00
Relief Act
Shortfall         0.00
Extraordinary
Trust Fund        0.00
Expenses
0.00              0.00
TOTAL AVAILABLE
INTEREST          297,609.44
0.00              0.00
0.00              0.00

Delinquency
Information

 GROUP 1

                  1 Month               2 Months      3+ Months     Totals

Delinquency

Scheduled
Principal Balance 0.00                  0.00          0.00          0.00
Percentage of
Total Pool Balance0.0000%               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%
Bankruptcy

Scheduled
Principal Balance                       0.00          0.00          0.00       0.00
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 Balance                       0.00          0.00          0.00       0.00
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 Balance                       0.00          0.00          0.00       0.00
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 Balance                       0.00          0.00          0.00       0.00
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%

Principal and
Interest Advances 33,868.49

Delinquency
Information

 GROUP 2

                  1 Month               2 Months      3+ Months     Totals

Delinquency

Scheduled
Principal Balance 0.00                  0.00          0.00          0.00
Percentage of
Total Pool Balance0.0000%               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%
Bankruptcy

Scheduled
Principal Balance                       0.00          0.00          0.00       0.00
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 Balance                       0.00          0.00          0.00       0.00
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 Balance                       0.00          0.00          0.00       0.00
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 Balance                       0.00          0.00          0.00       0.00
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%

Principal and
Interest Advances 13,486.23

Credit Enhancement

SUBORDINATION
LEVELS

                  Original              Prior         Current

Aggregate
Certificate       209,071,575.68        184,223,730.02183,211,147.78
Principal Balance

Senior Principal
Balance           204,231,150.00        179,450,857.43178,448,332.69
Senior Percentage 97.684800%            97.409198%    97.400368%
Senior Credit
Support           2.315200%             2.590802%     2.599632%

Class B1 Principal
Balance           2,315,400.00          2,283,086.09  2,278,275.12
Class B1
Percentage        1.107468%             1.239301%     1.243524%
Class B1 Credit
Support           1.207733%             1.351502%     1.356107%

Class B2 Principal
Balance           946,800.00            933,586.40    931,619.13
Class B2
Percentage        0.452859%             0.506768%     0.508495%
Class B2 Credit
Support           0.754873%             0.844734%     0.847613%

Class B3 Principal
Balance           631,300.00            622,489.54    621,177.82
Class B3
Percentage        0.301954%             0.337899%     0.339050%
Class B3 Credit
Support           0.452919%             0.506835%     0.508562%

Class B4 Principal
Balance           315,600.00            311,195.46    310,539.70
Class B4
Percentage        0.150953%             0.168923%     0.169498%
Class B4 Credit
Support           0.301966%             0.337913%     0.339064%

Class B5 Principal
Balance           315,600.00            311,195.46    310,539.70
Class B5
Percentage        0.150953%             0.168923%     0.169498%
Class B5 Credit
Support           0.151013%             0.168990%     0.169566%

Class B6 Principal
Balance           315,725.68            311,319.64    310,663.62
Class B6
Percentage        0.151013%             0.168990%     0.169566%
Class B6 Credit
Support           0.000000%             0.000000%     0.000000%

Other Information

Trigger
Information

Has the Credit
Support Depletion No
Date Been Reached?

Bankruptcy Amount 100,000.00
Fraud Loss Amount 2,104,185.60
Special Hazard
Amount            3,986,004.00

CONTACT
INFORMATION       CONTENTS

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

Mt. Laurel, NJ
08054
Interest
Distribution      2
Underwriter       Morgan Stanley
1585 Broadway
Principal
Distribution      2
New York, NY
10036

Collateral Summary1
3000 Leadenhall
Road

Delinquency
Information       2

Trustee           Citibank, N.A.
Credit Enhancement2

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 2003-4 8-K