Wachovia Asset Securitization Issuance 8-K Other events

	Wachovia Asset Securitization Inc.	Record Date: 09/30/02
[WACHOVIA LOGO]	Mortgage Pass-Through Certificates 2002-1	Previous Distribution: 09/25/02
	Statement to Certificateholder	Distribution Date: 10/25/02

							Original		Beginning						Current				Ending
				Certificate			Certificate		Certificate						Realized		Total		Certificate
Class			Cusip	Rate			Balance		Balance		Interest		Principal		Loss		Distribution		Balance
		1-A-1	929757AA0		6.2500	%		122,000,000.00		122,000,000.00		635,416.67		7,065,651.92		0.00		7,701,068.59		114,934,348.08
Factors per Thousand										1000.00000000		5.20833336		57.91517967				63.12351303		942.08482033
		1-A-2	929757AD4		6.7217	%		469,719,720.00		469,719,720.00		2,631,105.36		27,032,193.86		0.00		29,663,299.22		442,687,526.14
Factors per Thousand										1000.00000000		5.60143687		57.54962525				63.15106213		942.45037475
	1-A-LR		929757AR3		0.0000	%		50.00		50.00		0.00		50.00		0.00		50.00		0.00
Factors per Thousand										1000.00000000				1000.00000000				1000.00000000		0.00000000
	1-A-R		929757AQ5		0.0000	%		50.00		50.00		1,436.45		50.00		0.00		1,486.45		0.00
Factors per Thousand										1000.00000000				1000.00000000				1000.00000000		0.00000000
		2-A-1	929757AB8		6.2500	%		235,000,000.00		235,000,000.00		1,223,958.33		14,543,607.47		0.00		15,767,565.80		220,456,392.53
Factors per Thousand										1000.00000000		5.20833332		61.88769136				67.09602468		938.11230864
		2-A-2	929757AE2		7.0736	%		1,158,150,741.00		1,158,150,741.00		6,826,881.43		71,412,070.32		0.00		78,238,951.75		1,086,738,670.68
Factors per Thousand										1000.00000000		5.89463978		61.66042795				67.55506773		938.33957205
		3-A-1	929757AC6		6.5000	%		42,458,000.00		42,458,000.00		229,980.83		2,922,030.30		0.00		3,152,011.13		39,535,969.70
Factors per Thousand										1000.00000000		5.41666659		68.82166612				74.23833271		931.17833388
		B-1	929757AF9		6.2554	%		29,413,000.00		29,413,000.00		153,325.07		83,447.36		0.00		0.00		29,329,552.64
Factors per Thousand										1000.00000000		5.21283344		2.83709108				8.04992452		997.16290892
		B-2	929757AG7		6.2554	%		14,705,000.00		14,705,000.00		76,654.71		41,719.42		0.00		118,374.13		14,663,280.58
Factors per Thousand										1000.00000000		5.21283305		2.83709079				8.04992384		997.16290921
		B-3	929757AH5		6.2554	%		11,554,000.00		11,554,000.00		60,229.08		32,779.75		0.00		93,008.83		11,521,220.25
Factors per Thousand										1000.00000000		5.21283365		2.83709105				8.04992470		997.16290895
	Totals							2,083,000,561.00		2,083,000,561.00		11,838,987.93		123,133,600.40		0.00		134,735,815.90		1,959,866,960.60

Wachovia Bank, National Association	Rob Ashbaugh
Structured Finance Trust Services	Vice President
401 South Tryon Street, 12th Floor	Phone: 704-383-9568
Charlotte, North Carolina 28288-1179	Fax: 704-383-6039

	Wachovia Asset Securitization Inc.	Record Date: 09/30/02
[WACHOVIA LOGO]	Mortgage Pass-Through Certificates 2002-1	Previous Distribution: 09/25/02
	Statement to Certificateholder	Distribution Date: 10/25/02

							Original		Beginning						Current				Ending
				Certificate			Certificate		Certificate						Realized		Total		Certificate
Class			Cusip	Rate			Balance		Balance		Interest		Principal		Loss		Distribution		Balance
Non-offered:
		B-4	929757AJ1		6.2554	%		7,353,000.00		7,353,000.00		38,329.96		20,861.13		0.00		59,191.09		7,332,138.87
Factors per Thousand										1000.00000000		5.21283286		2.83709098				8.04992384		997.16290902
		B-5	929757AK8		6.2554	%		5,253,000.00		5,253,000.00		27,383.01		14,903.24		0.00		42,286.25		5,238,096.76
Factors per Thousand										1000.00000000		5.21283267		2.83709119				8.04992385		997.16290881
		B-6	929757AL6		6.2554	%		5,252,170.00		5,252,171.00		27,378.69		14,900.89		0.00		42,279.58		5,237,270.11
Factors per Thousand										1000.00019040		5.21283393		2.83709210				8.04992603		997.16309830
	Totals							17,858,170.00		17,858,171.00		93,091.66		50,665.26		0.00		143,756.92		12,570,235.63
Components:
	1-A-2A				6.2500	%		464,475,000.00		464,475,000.00		2,419,140.63		26,900,153.09		0.00		29,319,293.72		437,574,846.91
	1-A-2B PO				—			5,244,720.00		5,244,720.00		0.00		132,040.77		0.00		132,040.77		5,112,679.23
	1-A-2C IO				0.5435	%		468,024,101.08		468,024,101.08		211,964.73		0.00		0.00		211,964.73		437,724,919.58
		Totals						469,719,720.00		469,719,720.00		2,631,105.36		27,032,193.86		0.00		29,663,299.22		442,687,526.14
	2-A-2A				6.2500	%		1,151,094,000.00		1,151,094,000.00		5,995,281.25		71,238,550.20		0.00		77,233,831.45		1,079,855,449.80
	2-A-2B PO				—			6,445,413.00		6,445,413.00		0.00		151,164.68		0.00		151,164.68		6,294,248.32
	2-A-2C IO				0.7754	%		1,260,174,638.14		1,260,174,638.14		814,255.13		0.00		0.00		814,255.13		1,176,862,850.84
	3-A-2A PO				—			611,328.00		611,328.00		0.00		22,355.44		0.00		22,355.44		588,972.56
	3-A-2B IO				0.6840	%		30,427,958.49		30,427,958.49		17,345.06		0.00		0.00		17,345.06		28,219,052.53
	Totals							1,158,150,741.00		1,158,150,741.00		6,826,881.44		71,412,070.32		0.00		78,238,951.76		1,086,738,670.68

Wachovia Bank, National Association	Rob Ashbaugh
Structured Finance Trust Services	Vice President
401 South Tryon Street, 12th Floor	Phone: 704-383-9568
Charlotte, North Carolina 28288-1179	Fax: 704-383-6039

	Wachovia Asset Securitization Inc.	Record Date: 09/30/02
[WACHOVIA LOGO]	Mortgage Pass-Through Certificates 2002-1	Previous Distribution: 09/25/02
	Statement to Certificateholder	Distribution Date: 10/25/02

Pool 1

Available Distribution Amount

Scheduled Principal		3,775,543.34
Curtailments		4,422,986.10
Liquidation Principal		26,024,639.89
Principal Adjustments		6,826.11
Foreclosure Principal		0.00
Total Principal		34,229,995.44
Interest		3,381,236.33
(Relief Act Shortfalls)		0.00
Periodic Advances		0.00
Total Interest		3,381,236.33
Available Distribution Amount	$	37,611,231.77

Fees

Servicer Fee*		117,526.42
Master Servicer Fee*		10,219.69
Certificate Administrator Fee		3,065.91
Total Fees	$	130,812.02

Additional Information

Aggregate Beginning Stated Principal Balance		613,181,313.59
Aggregate Ending Stated Principal Balance		578,951,318.15
Non-PO Pool Stated Principal Balance		607,911,498.08
PO Deferred Amounts		0.00
Realized Losses (Current / Aggregate)	0.00	0.00
Remaining Number of Loans		1,731
Senior Percentage		96.474	%
Senior Percentage — Total		96.467	%
Senior Prepayment Percentage		100.000	%
Subordinate Percentage		3.526	%
Subordinate Percentage — Aggregate		3.520	%
Subordinate Prepayment Percentage		0.000	%
WAC		6.867	%
1-A-1 Unpaid Interest Shortfall paid		0.00
1-A-1 Unpaid Interest Shortfall remaining		0.00
1-A-2A Unpaid Interest Shortfall paid		0.00
1-A-2A Unpaid Interest Shortfall remaining		0.00
1-A-2C Unpaid Interest Shortfall paid		0.00
1-A-2C Unpaid Interest Shortfall remaining		0.00

* Servicer withholds fee before remittance to Trustee

Wachovia Bank, National Association	Rob Ashbaugh
Structured Finance Trust Services	Vice President
401 South Tryon Street, 12th Floor	Phone: 704-383-9568
Charlotte, North Carolina 28288-1179	Fax: 704-383-6039

	Wachovia Asset Securitization Inc.	Record Date: 09/30/02
[WACHOVIA LOGO]	Mortgage Pass-Through Certificates 2002-1	Previous Distribution: 09/25/02
	Statement to Certificateholder	Distribution Date: 10/25/02

Pool 2

Available Distribution Amount

Scheduled Principal		1,777,143.75
Curtailments		2,107,776.65
Liquidation Principal		82,108,157.52
Principal Adjustments		2,747.88
Foreclosure Principal		0.00
Total Principal		85,995,825.80
Interest		8,305,138.17
(Relief Act Shortfalls)		0.00
Periodic Advances		0.00
Total Interest		8,305,138.17
Available Distribution Amount	$	94,300,963.97

Fees

Servicer Fee*		276,583.84
Master Servicer Fee*		24,050.77
Certificate Administrator Fee		7,215.23
Total Fees	$	307,849.84

Additional Information

Aggregate Beginning Stated Principal Balance		1,443,046,126.96
Aggregate Ending Stated Principal Balance		1,357,050,301.16
Non-PO Pool Stated Principal Balance		1,436,864,232.10
PO Deferred Amounts		0.00
Realized Losses (Current / Aggregate)	0.00	0.00
Remaining Number of Loans		3,394
Senior Percentage		96.467	%
Senior Percentage — Total		96.467	%
Senior Prepayment Percentage		100.000	%
Subordinate Percentage		3.533	%
Subordinate Percentage — Aggregate		3.520	%
Subordinate Prepayment Percentage		0.000	%
WAC		7.156	%
2-A-1 Unpaid Interest Shortfall paid		0.00
2-A-1 Unpaid Interest Shortfall remaining		0.00
2-A-2A Unpaid Interest Shortfall paid		0.00
2-A-2A Unpaid Interest Shortfall remaining		0.00
2-A-2C Unpaid Interest Shortfall paid		0.00
2-A-2C Unpaid Interest Shortfall remaining		0.00
3-A-2B Unpaid Interest Shortfall paid		0.00
3-A-2B Unpaid Interest Shortfall remaining		0.00

* Servicer withholds fee before remittance to Trustee

Wachovia Bank, National Association	Rob Ashbaugh
Structured Finance Trust Services	Vice President
401 South Tryon Street, 12th Floor	Phone: 704-383-9568
Charlotte, North Carolina 28288-1179	Fax: 704-383-6039

	Wachovia Asset Securitization Inc.	Record Date: 09/30/02
[WACHOVIA LOGO]	Mortgage Pass-Through Certificates 2002-1	Previous Distribution: 09/25/02
	Statement to Certificateholder	Distribution Date: 10/25/02

Pool 3

Available Distribution Amount

Scheduled Principal		392,474.59
Curtailments		518,280.44
Liquidation Principal		2,046,922.59
Principal Adjustments		766.80
Foreclosure Principal		0.00
Total Principal		2,958,444.42
Interest		256,209.40
(Relief Act Shortfalls)		0.00
Periodic Advances		0.00
Total Interest		256,209.40
Available Distribution Amount	$	3,214,653.82

Fees

Servicer Fee*		8,554.33
Master Servicer Fee*		743.85
Certificate Administrator Fee		223.16
Total Fees	$	9,521.34

Additional Information

Aggregate Beginning Stated Principal Balance		44,631,291.00
Aggregate Ending Stated Principal Balance		41,672,846.58
Non-PO Pool Stated Principal Balance		44,056,833.32
PO Deferred Amounts		0.00
Realized Losses (Current / Aggregate)	0.00	0.00
Remaining Number of Loans		324
Senior Percentage		96.371	%
Senior Percentage — Total		96.467	%
Senior Prepayment Percentage		100.000	%
Subordinate Percentage		3.629	%
Subordinate Percentage — Aggregate		3.520	%
Subordinate Prepayment Percentage		0.000	%
WAC		7.139	%
3-A-1 Unpaid Interest Shortfall paid		0.00
3-A-1 Unpaid Interest Shortfall remaining		0.00

* Servicer withholds fee before remittance to Trustee

Wachovia Bank, National Association	Rob Ashbaugh
Structured Finance Trust Services	Vice President
401 South Tryon Street, 12th Floor	Phone: 704-383-9568
Charlotte, North Carolina 28288-1179	Fax: 704-383-6039

	Wachovia Asset Securitization Inc.	Record Date: 09/30/02
[WACHOVIA LOGO]	Mortgage Pass-Through Certificates 2002-1	Previous Distribution: 09/25/02
	Statement to Certificateholder	Distribution Date: 10/25/02

Delinquency Information

Pool I
Aggregate Ending Balance of Loans	Delinquent Information	# Loans		Amount		%
578,951,318.15	Delinquent 1-30 Days		26		5,984,361.55		1.0337	%
	Delinquent 31-60 Days		5		1,710,081.84		0.2954	%
	Delinquent 61-90 Days		0		0.00		0.0000	%
	Delinquent 90+ Days		0		0.00		0.0000	%
	Foreclosures		1		88,017.19		0.0152	%
	REO		0		0.00		0.0000	%
	Bankruptcies		0		0.00		0.0000	%
	Total		32		7,782,460.58		1.3442	%

Pool II
Aggregate Ending Balance of Loans	Delinquent Information	# Loans		Amount		%
1,357,050,301.16	Delinquent 1-30 Days		50		14,512,269.90		1.0694	%
	Delinquent 31-60 Days		8		2,863,955.76		0.2110	%
	Delinquent 61-90 Days		0		0.00		0.0000	%
	Delinquent 90+ Days		0		0.00		0.0000	%
	Foreclosures		0		0.00		0.0000	%
	REO		0		0.00		0.0000	%
	Bankruptcies		1		547,325.10		0.0945	%
	Total		59		17,923,550.76		1.2804	%

Pool III
Aggregate Ending Balance of Loans	Delinquent Information	# Loans		Amount		%
41,672,846.58	Delinquent 1-30 Days		14		616,129.14		1.4785	%
	Delinquent 31-60 Days		0		0.00		0.0000	%
	Delinquent 61-90 Days		0		0.00		0.0000	%
	Delinquent 90+ Days		0		0.00		0.0000	%
	Foreclosures		0		0.00		0.0000	%
	REO		0		0.00		0.0000	%
	Bankruptcies		1		36,219.13		0.0063	%
	Total		15		652,348.27		1.4785	%

Wachovia Bank, National Association	Rob Ashbaugh
Structured Finance Trust Services	Vice President
401 South Tryon Street, 12th Floor	Phone: 704-383-9568
Charlotte, North Carolina 28288-1179	Fax: 704-383-6039

	Wachovia Asset Securitization Inc.	Record Date: 09/30/02
[WACHOVIA LOGO]	Mortgage Pass-Through Certificates 2002-1	Previous Distribution: 09/25/02
	Statement to Certificateholder	Distribution Date: 10/25/02

REO Properties added

Pool 1		Pool 2		Pool 3
Loan #	Principal Balance	Loan #	Principal Balance	Loan #	Principal Balance
None		None		None

Wachovia Bank, National Association	Rob Ashbaugh
Structured Finance Trust Services	Vice President
401 South Tryon Street, 12th Floor	Phone: 704-383-9568
Charlotte, North Carolina 28288-1179	Fax: 704-383-6039