Exhibit 31
CERTIFICATION
Re: Xxxxxx Xxxxxxx ABS Capital I Inc. Trust 2003-HE1 (the "Trust"),
Mortgage Pass-Through Certificates, Series 2003-HE1, issued pursuant
to the Pooling and Servicing Agreement, dated as of June 1, 2003 (the
"Pooling and Servicing Agreement"), among Xxxxxx Xxxxxxx ABS Capital
I Inc., as depositor, Chase Manhattan Mortgage Corporation ("Chase"),
as servicer, The Provident Bank, as servicer (collectively with
Chase, the "Servicers") and Deutsche Bank National Trust Company,
as trustee (the "Trustee")
I, Xxxxx Xxxxxxxx, certify that:
1. I have reviewed this annual report on Form 10-K (the "Annual Report"),
and all reports on Form 8-K containing distribution reports (collectively
with this Annual Report, the "Reports") filed in respect of periods
included in the year covered by this Annual Report, of the Trust;
2. Based on my knowledge, the information in the Reports, taken as a whole,
does not contain any untrue statement of a material fact or omit to state
a material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading as of
the last day of the period covered by this Annual Report;
3. Based on my knowledge, the distribution or servicing information
required to be provided to the Trustee by the Servicer under the Pooling
and Servicing Agreement for inclusion in the Reports is included in these
Reports;
4. Based on my knowledge and upon the annual compliance statement included
in this Annual Report and required to be delivered to the Trustee in
accordance with the terms of the Pooling and Servicing Agreement, and
except as disclosed in the Reports, the Servicer has fulfilled its
obligations under the Pooling and Servicing Agreement; and
5. The Reports disclose all significant deficiencies relating to the
Servicer's compliance with the minimum servicing standards based upon the
report provided by an independent public accountant, after conducting a
review in compliance with the Uniform Single Attestation Program for
Mortgage Bankers or similar procedure as set forth in the Pooling and
Servicing Agreement, that is included in the Reports.
In giving the certifications above, I have reasonably relied on
information provided to me by the following unaffiliated parties:
the Trustee and the Servicer.
Date: 3/25/04
/s/: Xxxxx Xxxxxxxx
Xxxxx Xxxxxxxx
President
