Wachovia Asset Securitization Issuance Inactive
Filed: 7 Jan 03, 12:00am
 | Wachovia Asset Securitization Inc. Mortgage Pass-Through Certificates 2002-1 Statement to Certificateholder | Record Date: 11/30/02 Previous Distribution: 11/25/02 Distribution Date: 12/26/02 |
| 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 | 103,577,773.72 848.99814525 | 537,863.26 4.40871525 | 10,014,004.33 82.08200270 | 0.00 | 10,551,867.59 86.49071795 | 93,563,769.39 766.91614254 | |||||||||
| 1-A-2 Factors per Thousand | 929757AD4 | 6.6787% | 469,719,720.00 | 399,314,150.87 850.11153219 | 2,222,403.21 4.73133896 | 38,241,389.81 81.41320916 | 0.00 | 40,463,793.02 86.14454811 | 361,072,761.06 768.69832303 | |||||||||
| 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 | 200,797,435.03 854.45717034 | 1,042,711.42 4.43706987 | 15,763,479.90 67.07863787 | 0.00 | 16,806,191.32 71.51570774 | 185,033,955.13 787.37853247 | |||||||||
| 2-A-2 Factors per Thousand | 929757AE2 | 7.0249% | 1,158,150,741.00 | 990,096,110.82 854.89399244 | 5,796,094.33 5.00461134 | 77,268,275.06 66.71694135 | 0.00 | 83,064,369.39 71.72155269 | 912,827,835.76 788.17705109 | |||||||||
| 3-A-1 Factors per Thousand | 929757AC6 | 6.5000% | 42,458,000.00 | 35,370,530.71 833.07105163 | 191,020.22 4.49903952 | 1,847,609.27 43.51616350 | 0.00 | 2,038,629.49 48.01520302 | 33,522,921.44 789.55488812 | |||||||||
| B-1 Factors per Thousand | 929757AF9 | 6.2552% | 29,413,000.00 | 29,244,561.81 994.27334206 | 151,990.28 5.16745249 | 85,469.70 2.90584775 | 0.00 | 237,459.98 8.07330024 | 29,159,092.11 991.36749431 | |||||||||
| B-2 Factors per Thousand | 929757AG7 | 6.2552% | 14,705,000.00 | 14,620,789.50 994.27334240 | 75,985.85 5.16734784 | 42,730.49 2.90584767 | 0.00 | 118,716.34 8.07319551 | 14,578,059.01 991.36749473 | |||||||||
| B-3 Factors per Thousand | 929757AH5 | 6.2552% | 11,554,000.00 | 11,487,834.19 994.27334170 | 59,703.32 5.16732906 | 33,574.16 2.90584733 | 0.00 | 93,277.48 8.07317639 | 11,454,260.03 991.36749437 | |||||||||
| Totals | 2,083,000,561.00 | 1,784,509,186.65 | 10,077,771.89 | 143,296,532.72 | 0.00 | 153,374,304.61 | 1,641,212,653.93 |
| 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: 11/30/02 Previous Distribution: 11/25/02 Distribution Date: 12/26/02 |
| 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 | 6.2552% | 7,353,000.00 | 7,310,891.88 994.27334149 | 37,997.03 5.16755474 | 21,366.70 2.90584795 | 0.00 | 59,363.73 8.07340269 | 7,289,525.18 991.36749354 | |||||||||
| B-5 Factors per Thousand | 929757AK8 | 6.2552% | 5,253,000.00 | 5,222,917.86 994.27334095 | 27,143.45 5.16722825 | 15,264.42 2.90584809 | 0.00 | 42,407.87 8.07307634 | 5,207,653.44 991.36749286 | |||||||||
| B-6 Factors per Thousand | 929757AL6 | 6.2552% | 5,252,170.00 | 5,222,093.61 994.27353075 | 27,139.15 5.16722612 | 15,262.01 2.90584844 | 0.00 | 42,401.16 8.07307456 | 5,206,831.60 991.36768231 | |||||||||
| Totals | 17,858,170.00 | 17,755,903.35 | 92,279.63 | 51,893.13 | 0.00 | 144,172.76 | 17,704,010.22 | |||||||||||
| Components: | ||||||||||||||||||
| 1-A-2A | 6.2500% | 464,475,000.00 | 394,338,413.49 | 2,047,741.01 | 38,125,038.22 | 0.00 | 40,172,779.23 | 356,213,375.27 | ||||||||||
| 1-A-2B PO | — | 5,244,720.00 | 4,975,737.39 | 0.00 | 116,351.60 | 0.00 | 116,351.60 | 4,859,385.79 | ||||||||||
| 1-A-2C IO | 0.5372% | 468,024,101.08 | 391,291,896.64 | 174,662.20 | 0.00 | 0.00 | 174,662.20 | 349,602,815.58 | ||||||||||
| Totals | 469,719,720.00 | 399,314,150.88 | 2,222,403.21 | 38,241,389.82 | 0.00 | 40,463,793.03 | 361,072,761.06 | |||||||||||
| 2-A-2A | 6.2500% | 1,151,094,000.00 | 983,560,522.03 | 5,107,480.66 | 77,213,817.60 | 0.00 | 82,321,298.26 | 906,346,704.43 | ||||||||||
| 2-A-2B PO | — | 6,445,413.00 | 6,014,045.34 | 0.00 | 25,715.64 | 0.00 | 25,715.64 | 5,988,329.70 | ||||||||||
| 2-A-2C IO | 0.7632% | 1,260,174,638.14 | 1,062,215,551.84 | 673,589.81 | 0.00 | 0.00 | 673,589.81 | 972,219,698.35 | ||||||||||
| 3-A-2A PO | — | 611,328.00 | 521,543.46 | 0.00 | 28,741.83 | 0.00 | 28,741.83 | 492,801.63 | ||||||||||
| 3-A-2B IO | 0.7187% | 30,427,958.49 | 25,161,678.77 | 15,023.85 | 0.00 | 0.00 | 15,023.85 | 23,902,924.39 | ||||||||||
| Totals | 1,158,150,741.00 | 990,096,110.83 | 5,796,094.32 | 77,268,275.07 | 0.00 | 83,064,369.39 | 912,827,835.76 |
| 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: 11/30/02 Previous Distribution: 11/25/02 Distribution Date: 12/26/02 |
Pool 1
Available Distribution Amount
| Scheduled Principal | 3,381,802.72 | |||
| Curtailments | 1,181,330.47 | |||
| Liquidation Principal | 43,822,908.15 | |||
| Principal Adjustments | 6,196.21 | |||
| Foreclosure Principal | 0.00 | |||
Total Principal | 48,392,237.55 | |||
| Interest | 2,881,503.60 | |||
| (Relief Act Shortfalls) | 0.00 | |||
| (Compensating Interest) | (8,010.05 | ) | ||
| Periodic Advances | 0.00 | |||
Total Interest | 2,873,493.55 | |||
Available Distribution Amount | $ | 51,265,731.10 | ||
Fees
| Servicer Fee* | 100,449.83 | |||
| Master Servicer Fee* | 8,734.77 | |||
| Certificate Administrator Fee | 2,621.21 | |||
Total Fees | $ | 111,805.81 | ||
Additional Information
| Aggregate Beginning Stated Principal Balance | 524,086,053.64 | |||||||
| Aggregate Ending Stated Principal Balance | 475,693,816.09 | |||||||
| Non-PO Pool Stated Principal Balance | 519,110,316.25 | |||||||
| PO Deferred Amounts | 0.00 | |||||||
| Realized Losses (Current / Aggregate) | 0.00 | 0.00 | ||||||
| Remaining Number of Loans | 1,460 | |||||||
| Senior Percentage | 95.917 | % | ||||||
| Senior Percentage — Total | 95.917 | % | ||||||
| Senior Prepayment Percentage | 100.000 | % | ||||||
| Subordinate Percentage | 4.083 | % | ||||||
| Subordinate Percentage — Aggregate | 4.083 | % | ||||||
| Subordinate Prepayment Percentage | 0.000 | % | ||||||
| WAC | 6.848 | % | ||||||
| 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 | |||||||
| Bond Interest Reduction from Section 5.02c | 30,327.34 |
| * | 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: 11/30/02 Previous Distribution: 11/25/02 Distribution Date: 12/26/02 |
Pool 2
Available Distribution Amount
| Scheduled Principal | 1,550,598.66 | |||
| Curtailments | 367,776.09 | |||
| Liquidation Principal | 91,146,245.96 | |||
| Principal Adjustments | 1,330.36 | |||
| Foreclosure Principal | 0.00 | |||
Total Principal | 93,065,951.07 | |||
| Interest | 7,112,733.75 | |||
| (Relief Act Shortfalls) | 0.00 | |||
| (Compensating Interest) | (22,317.29 | ) | ||
| Periodic Advances | 0.00 | |||
Total Interest | 7,090,416.46 | |||
Available Distribution Amount | $ | 100,156,367.53 | ||
Fees
| Servicer Fee* | 237,811.01 | |||
| Master Servicer Fee* | 20,679.22 | |||
| Certificate Administrator Fee | 6,204.57 | |||
Total Fees | $ | 264,694.80 | ||
Additional Information
| Aggregate Beginning Stated Principal Balance | 1,240,753,116.78 | |||||||
| Aggregate Ending Stated Principal Balance | 1,147,687,165.71 | |||||||
| Non-PO Pool Stated Principal Balance | 1,234,739,071.44 | |||||||
| PO Deferred Amounts | 0.00 | |||||||
| Realized Losses (Current / Aggregate) | 0.00 | 0.00 | ||||||
| Remaining Number of Loans | 2,900 | |||||||
| Senior Percentage | 95.920 | % | ||||||
| Senior Percentage — Total | 95.917 | % | ||||||
| Senior Prepayment Percentage | 100.000 | % | ||||||
| Subordinate Percentage | 4.080 | % | ||||||
| Subordinate Percentage — Aggregate | 4.083 | % | ||||||
| Subordinate Prepayment Percentage | 0.000 | % | ||||||
| WAC | 7.129 | % | ||||||
| 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: 11/30/02 Previous Distribution: 11/25/02 Distribution Date: 12/26/02 |
Pool 3
Available Distribution Amount
| Scheduled Principal | 338,737.29 | |||
| Curtailments | 82,284.12 | |||
| Liquidation Principal | 1,468,741.62 | |||
| Principal Adjustments | 474.24 | |||
| Foreclosure Principal | 0.00 | |||
Total Principal | 1,890,237.27 | |||
| Interest | 215,155.18 | |||
| (Relief Act Shortfalls) | 0.00 | |||
| (Compensating Interest) | 0.00 | |||
| Periodic Advances | 0.00 | |||
Total Interest | 215,155.18 | |||
Available Distribution Amount | $ | 2,105,392.45 | ||
Fees
| Servicer Fee* | 7,173.30 | |||
| Master Servicer Fee* | 623.77 | |||
| Certificate Administrator Fee | 187.91 | |||
Total Fees | $ | 7,984.98 | ||
Additional Information
| Aggregate Beginning Stated Principal Balance | 37,425,919.60 | |||||||
| Aggregate Ending Stated Principal Balance | 35,535,682.33 | |||||||
| Non-PO Pool Stated Principal Balance | 36,904,376.15 | |||||||
| PO Deferred Amounts | 0.00 | |||||||
| Realized Losses (Current / Aggregate) | 0.00 | 0.00 | ||||||
| Remaining Number of Loans | 288 | |||||||
| Senior Percentage | 95.844 | % | ||||||
| Senior Percentage — Total | 95.917 | % | ||||||
| Senior Prepayment Percentage | 100.000 | % | ||||||
| Subordinate Percentage | 4.156 | % | ||||||
| Subordinate Percentage — Aggregate | 4.083 | % | ||||||
| Subordinate Prepayment Percentage | 0.000 | % | ||||||
| WAC | 7.149 | % | ||||||
| 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: 11/30/02 Previous Distribution: 11/25/02 Distribution Date: 12/26/02 |
Delinquency Information
Pool I
| Aggregate Ending Balance of Loans |
| 475,693,816.09 |
| Delinquent Information | # Loans | Amount | % | ||||||||||
| Delinquent 1-30 Days | 25 | 3,436,673.99 | 0.7225 | % | |||||||||
| Delinquent 31-60 Days | 3 | 548,909.11 | 0.1154 | % | |||||||||
| Delinquent 61-90 Days | 0 | 0.00 | 0.0000 | % | |||||||||
| Delinquent 90+ Days | 2 | 409,900.42 | 0.0862 | % | |||||||||
| Foreclosures | 0 | 0.00 | 0.0000 | % | |||||||||
| REO | 0 | �� | 0.00 | 0.0000 | % | ||||||||
| Bankruptcies | 1 | 53,522.54 | 0.0113 | % | |||||||||
Total | 31 | 4,449,006.06 | 0.9353 | % | |||||||||
Pool II
| Aggregate Ending Balance of Loans |
| 1,147,687,165.71 |
| Delinquent Information | # Loans | Amount | % | ||||||||||
| Delinquent 1-30 Days | 53 | 15,332,074.66 | 1.3359 | % | |||||||||
| Delinquent 31-60 Days | 14 | 5,334,620.73 | 0.4648 | % | |||||||||
| Delinquent 61-90 Days | 0 | 0.00 | 0.0000 | % | |||||||||
| Delinquent 90+ Days | 1 | 391,048.97 | 0.0341 | % | |||||||||
| Foreclosures | 0 | 0.00 | 0.0000 | % | |||||||||
| REO | 0 | 0.00 | 0.0000 | % | |||||||||
| Bankruptcies | 2 | 1,224,501.33 | 0.2574 | % | |||||||||
Total | 70 | 22,282,245.69 | 1.8348 | % | |||||||||
Pool III
| Aggregate Ending Balance of Loans |
| 35,535,682.33 |
| Delinquent Information | # Loans | Amount | % | ||||||||||
| Delinquent 1-30 Days | 18 | 818,386.65 | 2.3030 | % | |||||||||
| Delinquent 31-60 Days | 1 | 7,595.68 | 0.0214 | % | |||||||||
| Delinquent 61-90 Days | 1 | 30,473.47 | 0.0858 | % | |||||||||
| Delinquent 90+ Days | 0 | 0.00 | 0.0000 | % | |||||||||
| Foreclosures | 0 | 0.00 | 0.0000 | % | |||||||||
| REO | 0 | 0.00 | 0.0000 | % | |||||||||
| Bankruptcies | 2 | 207,884.27 | 0.0437 | % | |||||||||
Total | 22 | 1,064,340.07 | 2.4101 | % | |||||||||
| 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: 11/30/02 Previous Distribution: 11/25/02 Distribution Date: 12/26/02 |
REO Properties added
Pool 1
| Loan # | Principal Balance | |||
| None | ||||
Pool 2
| Loan # | Principal Balance | |||
| None | ||||
Pool 3
| Loan # | Principal Balance | |||
| 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 |