Wachovia Asset Securitization Issuance 8-K Other events

Wachovia Asset Securitization Inc.
Mortgage Pass-Through Certificates 2002-1
Statement to Certificateholder
Record Date: 10/31/02
Previous Distribution: 10/25/02
Distribution Date: 11/25/02

				Original		Beginning						Current				Ending
		Certificate		Certificate		Certificate						Realized		Total		Certificate
Class	Cusip	Rate		Balance		Balance		Interest		Principal		Loss		Distribution		Balance
1-A-1 Factors per Thousand	929757AA0		6.2500%		122,000,000.00		114,934,348.08 942.08482033		598,616.40 4.90669180		11,356,302.78 93.08444902		0.00		11,954,919.18 97.99114082		103,578,045.30 849.00037131
1-A-2 Factors per Thousand	929757AD4		6.7214%		469,719,720.00		442,687,526.14 942.45037475		2,479,551.98 5.27879047		43,373,646.84 92.33942071		0.00		45,853,198.82 97.61821117		399,313,879.30 850.11095404
1-A-LR Factors per Thousand	929757AR3		0.0000%		50.00		0.00 0.00000000		0.00		0.00 0.00000000		0.00		0.00 0.00000000		0.00 0.00000000
1-A-R Factors per Thousand	929757AQ5		0.0000%		50.00		0.00 0.00000000		0.00		0.00 0.00000000		0.00		0.00 0.00000000		0.00 0.00000000
2-A-1 Factors per Thousand	929757AB8		6.2500%		235,000,000.00		220,456,392.53 938.11230864		1,148,210.38 4.88600162		19,659,095.35 83.65572489		0.00		20,807,305.73 88.54172651		200,797,297.18 854.45658374
2-A-2 Factors per Thousand	929757AE2		7.0675%		1,158,150,741.00		1,086,738,670.68 938.33957205		6,400,471.73 5.52645826		96,643,235.05 83.44616260		0.00		103,043,706.78 88.97262086		990,095,435.63 854.89340945
3-A-1 Factors per Thousand	929757AC6		6.5000%		42,458,000.00		39,535,969.70 931.17833388		214,153.17 5.04388266		4,166,071.67 98.12218357		0.00		4,380,224.84 103.16606623		35,369,898.03 833.05615031
B-1 Factors per Thousand	929757AF9		6.2553%		29,413,000.00		29,329,552.64 997.16290892		152,887.63 5.19796111		84,990.83 2.88956686		0.00		237,878.46 8.08752796		29,244,561.81 994.27334206
B-2 Factors per Thousand	929757AG7		6.2553%		14,705,000.00		14,663,280.58 997.16290921		76,436.02 5.19796124		42,491.08 2.88956681		0.00		118,927.10 8.08752805		14,620,789.50 994.27334240
B-3 Factors per Thousand	929757AH5		6.2553%		11,554,000.00		11,521,220.25 997.16290895		60,057.24 5.19796088		33,386.06 2.88956725		0.00		93,443.30 8.08752813		11,487,834.19 994.27334170
Totals					2,083,000,561.00		1,959,866,960.60		11,130,384.55		175,359,219.66		0.00		186,489,604.21		1,784,507,740.94

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

Wachovia Asset Securitization Inc.
Mortgage Pass-Through Certificates 2002-1
Statement to Certificateholder
Record Date: 10/31/02
Previous Distribution: 10/25/02
Distribution Date: 11/25/02

			Original	Beginning			Current		Ending
		Certificate	Certificate	Certificate			Realized	Total	Certificate
Class	Cusip	Rate	Balance	Balance	Interest	Principal	Loss	Distribution	Balance
Non-offered:
B-4 Factors per Thousand	929757AJ1	6.2553%	7,353,000.00	7,332,138.87 997.16290902	38,220.61 5.19796138	21,246.99 2.88956752	0.00	59,467.60 8.08752890	7,310,891.88 994.27334149
B-5 Factors per Thousand	929757AK8	6.2553%	5,253,000.00	5,238,096.76 997.16290881	27,304.89 5.19796117	15,178.90 2.88956787	0.00	42,483.79 8.08752903	5,222,917.86 994.27334095
B-6 Factors per Thousand	929757AL6	6.2553%	5,252,170.00	5,237,270.11 997.16309830	17,342.44 3.30195710	0.00 0.00000000	0.00	17,342.44 3.30195710	5,237,270.11 997.16309830
Totals			17,858,170.00	17,807,505.74	82,867.94	36,425.89	0.00	119,293.83	12,533,809.74
Components:
1-A-2A		6.2500%	464,475,000.00	437,574,846.91	2,279,035.66	43,235,399.44	0.00	45,514,435.10	394,339,447.47
1-A-2B PO		—	5,244,720.00	5,112,679.23	0.00	138,247.40	0.00	138,247.40	4,974,431.83
1-A-2C IO		0.5479%	468,024,101.08	439,139,813.92	200,516.32	0.00	0.00	200,516.32	391,291,896.64
Totals			469,719,720.00	442,687,526.14	2,479,551.98	43,373,646.84	0.00	45,853,198.82	399,313,879.30
2-A-2A		6.2500%	1,151,094,000.00	1,079,855,449.80	5,624,247.13	96,295,602.97	0.00	101,919,850.10	983,559,846.83
2-A-2B PO		—	6,445,413.00	6,294,248.32	0.00	280,202.98	0.00	280,202.98	6,014,045.34
2-A-2C IO		0.7751%	1,260,174,638.14	1,174,909,685.53	758,921.11	0.00	0.00	758,921.11	1,062,215,551.84
3-A-2A PO		—	611,328.00	588,972.56	0.00	67,429.10	0.00	67,429.10	521,543.46
3-A-2B IO		0.7313%	30,427,958.49	28,393,243.30	17,303.49	0.00	0.00	17,303.49	25,161,678.77
Totals			1,158,150,741.00	1,086,738,670.68	6,400,471.73	96,643,235.05	0.00	103,043,706.78	990,095,435.63

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

Wachovia Asset Securitization Inc.
Mortgage Pass-Through Certificates 2002-1
Statement to Certificateholder
Record Date: 10/31/02
Previous Distribution: 10/25/02
Distribution Date: 11/25/02

Pool 1

Available Distribution Amount

Scheduled Principal		3,671,133.08
Curtailments		1,441,641.42
Liquidation Principal		49,746,487.82
Principal Adjustments		6,002.19
Foreclosure Principal		0.00
Total Principal		54,865,264.51
Interest		3,193,147.52
(Relief Act Shortfalls)		0.00
(Compensating Interest)		(8,655.93	)
Periodic Advances		0.00
Total Interest		3,184,491.59
Available Distribution Amount	$	58,049,756.10

Fees

Servicer Fee*		110,965.67
Master Servicer Fee*		9,649.19
Certificate Administrator Fee		2,894.76
Total Fees	$	123,509.61

Additional Information

Aggregate Beginning Stated Principal Balance		578,951,318.15
Aggregate Ending Stated Principal Balance		524,086,053.64
Non-PO Pool Stated Principal Balance		573,837,333.36
PO Deferred Amounts		0.00
Realized Losses (Current / Aggregate)	0.00	0.00
Remaining Number of Loans		1,584
Senior Percentage		96.283	%
Senior Percentage — Total		96.270	%
Senior Prepayment Percentage		100.000	%
Subordinate Percentage		3.717	%
Subordinate Percentage — Aggregate		3.730	%
Subordinate Prepayment Percentage		0.000	%
WAC		6.866	%
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
Structured Finance Trust Services
401 South Tryon Street, 12th Floor
Charlotte, North Carolina 28288-1179 Rob Ashbaugh
Vice President
Phone: 704-383-9568
Fax: 704-383-6039

Wachovia Asset Securitization Inc.
Mortgage Pass-Through Certificates 2002-1
Statement to Certificateholder
Record Date: 10/31/02
Previous Distribution: 10/25/02
Distribution Date: 11/25/02

Pool 2

Available Distribution Amount

Scheduled Principal		1,697,950.99
Curtailments		1,222,873.77
Liquidation Principal		113,369,291.50
Principal Adjustments		7,068.12
Foreclosure Principal		0.00
Total Principal		116,297,184.38
Interest		7,802,596.15
(Relief Act Shortfalls)		0.00
(Compensating Interest)		(16,164.70	)
Periodic Advances		0.00
Total Interest		7,786,431.45
Available Distribution Amount	$	124,083,615.83

Fees

Servicer Fee*		260,101.31
Master Servicer Fee*		22,617.51
Certificate Administrator Fee		6,785.25
Total Fees	$	289,504.06

Additional Information

Aggregate Beginning Stated Principal Balance		1,357,050,301.16
Aggregate Ending Stated Principal Balance		1,240,753,116.78
Non-PO Pool Stated Principal Balance		1,350,756,866.34
PO Deferred Amounts		0.00
Realized Losses (Current / Aggregate)	0.00	0.00
Remaining Number of Loans		3,127
Senior Percentage		96.265	%
Senior Percentage — Total		96.270	%
Senior Prepayment Percentage		100.000	%
Subordinate Percentage		3.735	%
Subordinate Percentage — Aggregate		3.730	%
Subordinate Prepayment Percentage		0.000	%
WAC		7.148	%
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
Structured Finance Trust Services
401 South Tryon Street, 12th Floor
Charlotte, North Carolina 28288-1179 Rob Ashbaugh
Vice President
Phone: 704-383-9568
Fax: 704-383-6039

Wachovia Asset Securitization Inc.
Mortgage Pass-Through Certificates 2002-1
Statement to Certificateholder
Record Date: 10/31/02
Previous Distribution: 10/25/02
Distribution Date: 11/25/02

Pool 3

Available Distribution Amount

Scheduled Principal		378,365.82
Curtailments		270,854.45
Liquidation Principal		3,596,180.79
Principal Adjustments		1,525.92
Foreclosure Principal		0.00
Total Principal		4,246,926.98
Interest		240,194.97
(Relief Act Shortfalls)		0.00
(Compensating Interest)		(1,707.48	)
Periodic Advances		0.00
Total Interest		238,487.49
Available Distribution Amount	$	4,485,414.47

Fees

Servicer Fee*		7,987.30
Master Servicer Fee*		694.55
Certificate Administrator Fee		208.36
Total Fees	$	8,890.21

Additional Information

Aggregate Beginning Stated Principal Balance		41,672,846.58
Aggregate Ending Stated Principal Balance		37,425,919.60
Non-PO Pool Stated Principal Balance		41,084,506.70
PO Deferred Amounts		0.00
Realized Losses (Current / Aggregate)	0.00	0.00
Remaining Number of Loans		298
Senior Percentage		96.231	%
Senior Percentage — Total		96.270	%
Senior Prepayment Percentage		100.000	%
Subordinate Percentage		3.769	%
Subordinate Percentage — Aggregate		3.730	%
Subordinate Prepayment Percentage		0.000	%
WAC		7.162	%
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
Structured Finance Trust Services
401 South Tryon Street, 12th Floor
Charlotte, North Carolina 28288-1179 Rob Ashbaugh
Vice President
Phone: 704-383-9568
Fax: 704-383-6039

Wachovia Asset Securitization Inc.
Mortgage Pass-Through Certificates 2002-1
Statement to Certificateholder
Record Date: 10/31/02
Previous Distribution: 10/25/02
Distribution Date: 11/25/02

Delinquency Information

Pool I
Aggregate Ending Balance of Loans	Delinquent Information	# Loans		Amount		%
524,086,053.64	Delinquent 1-30 Days		19		4,169,881.40		0.7956	%
	Delinquent 31-60 Days		3		727,930.41		0.1389	%
	Delinquent 61-90 Days		2		409,900.42		0.0782	%
	Delinquent 90+ Days		0		0.00		0.0000	%
	Foreclosures		1		88,017.19		0.0168	%
	REO		0		0.00		0.0000	%
	Bankruptcies		0		0.00		0.0000	%
	Total		25		5,395,729.42		1.0296	%

Pool II
Aggregate Ending Balance of Loans	Delinquent Information	# Loans		Amount		%
1,240,753,116.78	Delinquent 1-30 Days		57		18,418,342.22		1.4844	%
	Delinquent 31-60 Days		3		673,640.24		0.0543	%
	Delinquent 61-90 Days		4		1,622,566.41		0.1308	%
	Delinquent 90+ Days		0		0.00		0.0000	%
	Foreclosures		0		0.00		0.0000	%
	REO		0		0.00		0.0000	%
	Bankruptcies		1		545,560.52		0.1041	%
	Total		65		21,260,109.39		1.6695	%

Pool III
Aggregate Ending Balance of Loans	Delinquent Information	# Loans		Amount		%
37,425,919.60	Delinquent 1-30 Days		7		381,563.26		1.0195	%
	Delinquent 31-60 Days		1		14,015.39		0.0374	%
	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		137,524.15		0.0262	%
	Total		9		533,102.80		1.0570	%

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

Wachovia Asset Securitization Inc.
Mortgage Pass-Through Certificates 2002-1
Statement to Certificateholder
Record Date: 10/31/02
Previous Distribution: 10/25/02
Distribution Date: 11/25/02

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