Wachovia Asset Securitization Issuance 8K Other events | SEC 12 Mar 03


[WACHOVIA LOGO]		Wachovia Asset Securitization Inc. Mortgage Pass-Through Certificates 2002-1 STATEMENT TO CERTIFICATEHOLDER Revised 2/28/03		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	929757AA0		6.2500	%		122,000,000.00		114,934,283.62		595,745.99		11,356,302.78		0.00		11,952,048.77		103,577,980.84
Factors per Thousand								942.08429197		4.88316385		93.08444902				97.96761287		848.99984295
1-A-2	929757AD4		6.6891	%		469,719,720.00		442,687,605.61		2,467,650.41		43,373,646.84		0.00		45,841,297.25		399,313,958.77
Factors per Thousand								942.45054393		5.25345287		92.33942071				97.59287358		850.11112322
1-A-LR	929757AR3		0.0000	%		50.00		0.00		0.00		0.00		0.00		0.00		0.00
Factors per Thousand								0.00000000				0.00000000				0.00000000		0.00000000
1-A-R	929757AQ5		0.0000	%		50.00		0.00		0.00		0.00		0.00		0.00		0.00
Factors per Thousand								0.00000000				0.00000000				0.00000000		0.00000000
2-A-1	929757AB8		6.2500	%		235,000,000.00		220,456,449.23		1,142,702.08		19,659,095.63		0.00		20,801,797.71		200,797,353.60
Factors per Thousand								938.11254991		4.86256204		83.65572609				88.51828813		854.45682383
2-A-2	929757AE2		7.0336	%		1,158,150,741.00		1,086,737,448.74		6,369,769.34		96,641,790.28		0.00		103,011,559.62		990,095,658.46
Factors per Thousand								938.33851697		5.49994842		83.44491512				88.94486354		854.89360185
3-A-1	929757AC6		6.5000	%		42,458,000.00		39,536,237.82		213,126.13		4,166,074.28		0.00		4,379,200.41		35,370,163.54
Factors per Thousand								931.18464883		5.01969311		98.12224504				103.14193815		833.06240379
B-1	929757AF9		6.2553	%		29,413,000.00		29,329,858.15		152,156.89		84,988.97		0.00		237,145.86		29,244,869.18
Factors per Thousand								997.17329582		5.17311699		2.88950362				8.06262061		994.28379220
B-2	929757AG7		6.2553	%		14,705,000.00		14,663,433.31		76,070.65		42,490.15		0.00		118,560.80		14,620,943.16
Factors per Thousand								997.17329548		5.17311459		2.88950357				8.06261816		994.28379191
B-3	929757AH5		6.2553	%		11,554,000.00		11,521,340.26		59,767.09		33,385.33		0.00		93,152.42		11,487,954.93
Factors per Thousand								997.17329583		5.17284836		2.88950407				8.06235243		994.28379176
Totals						2,083,000,561.00		1,959,866,656.74		11,076,988.58		175,357,774.26		0.00		186,434,762.84		1,784,508,882.48


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 LOGO]		Wachovia Asset Securitization Inc. Mortgage Pass-Through Certificates 2002-1 STATEMENT TO CERTIFICATEHOLDER Revised 2/28/03		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	929757AJ1		6.2553	%		7,353,000.00		7,332,215.24		38,037.92		21,246.52		0.00		59,284.44		7,310,968.72
Factors per Thousand								997.17329525		5.17311574		2.88950360				8.06261934		994.28379165
B-5	929757AK8		6.2553	%		5,253,000.00		5,238,151.32		27,175.94		15,178.56		0.00		42,354.50		5,222,972.76
Factors per Thousand								997.17329526		5.17341329		2.88950314				8.06291643		994.28379212
B-6	929757AL6		6.2553	%		5,252,170.00		5,237,447.36		27,172.27		15,181.30		0.00		42,353.57		5,222,266.06
Factors per Thousand								997.19684626		5.17353208		2.89048146				8.06401354		994.30636480
*Totals*						17,858,170.00		17,807,813.92		92,386.13		51,606.38		0.00		143,992.51		17,756,207.54
*Components:*
1-A-2A			6.2500	%		464,475,000.00		437,574,601.50		2,268,097.96		43,235,399.44		0.00		45,503,497.40		394,339,202.06
1-A-2B			—			5,244,720.00		5,113,004.11		0.00		138,247.40		0.00		138,247.40		4,974,756.71
PO
1-A-2C			0.5479	%		468,024,101.08		439,139,813.92		199,552.45		0.00		0.00		199,552.45		391,291,896.64
IO
*Totals*						469,719,720.00		442,687,605.61		2,467,650.41		43,373,646.84		0.00		45,841,297.25		399,313,958.77
2-A-2A			6.2500	%		1,151,094,000.00		1,079,855,727.55		5,597,265.61		96,295,604.38		0.00		101,892,869.99		983,560,123.17
2-A-2B			—			6,445,413.00		6,293,434.82		0.00		279,389.48		0.00		279,389.48		6,014,045.34
PO
2-A-2C			0.7751	%		1,260,174,638.14		1,174,909,685.53		755,281.02		0.00		0.00		755,281.02		1,062,215,551.84
IO
3-A-2A			—			611,328.00		588,286.37		0.00		66,796.42		0.00		66,796.42		521,489.95
PO
3-A-2B			0.7313	%		30,427,958.49		28,393,243.30		17,222.71		0.00		0.00		17,222.71		25,161,678.77
IO
*Totals*						1,158,150,741.00		1,086,737,448.74		6,369,769.34		96,641,790.28		0.00		103,011,559.62		990,095,658.46


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 LOGO]		Wachovia Asset Securitization Inc. Mortgage Pass-Through Certificates 2002-1 STATEMENT TO CERTIFICATEHOLDER Revised 2/28/03		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		3,192,147.15
(Relief Act Shortfalls)		0.00
(Compensating Interest)		(16,893.66	)
Periodic Advances		0.00

Total Interest		3,175,253.49

Available Distribution Amount	$	58,040,518.00

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
Bond Interest Reduction from Section 5.02c		53,831.21

* 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 LOGO]		Wachovia Asset Securitization Inc. Mortgage Pass-Through Certificates 2002-1 STATEMENT TO CERTIFICATEHOLDER Revised 2/28/03		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		7,800,898.83
(Relief Act Shortfalls)		0.00
(Compensating Interest)		(35,513.49	)
Periodic Advances		0.00

Total Interest		7,765,385.34

Available Distribution Amount	$	124,062,569.72

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		96.266	%
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 LOGO]		Wachovia Asset Securitization Inc. Mortgage Pass-Through Certificates 2002-1 STATEMENT TO CERTIFICATEHOLDER Revised 2/28/03		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		240,053.08
(Relief Act Shortfalls)		0.00
(Compensating Interest)		(1,424.06	)
Periodic Advances		0.00

Total Interest		238,629.02

Available Distribution Amount	$	4,485,556.00

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		96.232	%
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 LOGO]		Wachovia Asset Securitization Inc. Mortgage Pass-Through Certificates 2002-1 STATEMENT TO CERTIFICATEHOLDER Revised 2/28/03		Record Date: 10/31/02 Previous Distribution: 10/25/02 Distribution Date: 11/25/02

Delinquency Information

Pool I

Aggregate Ending Balance of Loans

524,086,053.64


Delinquent Information		# Loans		Amount		%

Delinquent 1-30 Days			24		4,557,850.83		0.8697	%
Delinquent 31-60 Days			0		0.00		0.0000	%
Delinquent 61-90 Days			3		716,041.14		0.1366	%
Delinquent 91+ Days			2		395,150.52		0.0754	%
Foreclosures			1		87,081.99		0.0166	%
REO			0		0.00		0.0000	%
Bankruptcies*			4		585,218.37		0.1117	%

	Total		30		5,756,124.48		1.2100	%

Pool II

Aggregate Ending Balance of Loans

1,240,753,116.78


Delinquent Information		# Loans		Amount		%

Delinquent 1-30 Days			61		18,723,821.87		1.5091	%
Delinquent 31-60 Days			1		7,008.49		0.0006	%
Delinquent 61-90 Days			2		334,329.63		0.0269	%
Delinquent 91+ Days			4		1,616,091.00		0.1303	%
Foreclosures			0		0.00		0.0000	%
REO			0		0.00		0.0000	%
Bankruptcies*			5		1,321,782.68		0.2522	%

	Total		68		20,681,250.99		1.6668	%

Pool III

Aggregate Ending Balance of Loans

37,425,919.60


Delinquent Information		# Loans		Amount		%

Delinquent 1-30 Days			8		398,577.63		1.0650	%
Delinquent 31-60 Days			2		56,743.36		0.1516	%
Delinquent 61-90 Days			2		144,927.20		0.3872	%
Delinquent 91+ Days			0		0.00		0.0000	%
Foreclosures			0		0.00		0.0000	%
REO			0		0.00		0.0000	%
Bankruptcies*			3		235,928.63		0.0450	%

	Total		12		600,248.19		1.6038	%


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 LOGO]		Wachovia Asset Securitization Inc. Mortgage Pass-Through Certificates 2002-1 STATEMENT TO CERTIFICATEHOLDER Revised 2/28/03		Record Date: 10/31/02 Previous Distribution: 10/25/02 Distribution Date: 11/25/02

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

Wachovia Asset Securitization Issuance Inactive 8-KOther events