UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION
UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF
1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13
AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number 333-32857-10
Asset Backed Funding Corporation
(Exact name of registrant as specified in its charter)
100 North Tryon, Charlotte, NC. 28255
(704) 386-2400
(Address, including zip code, and telephone number, including
area code, of registrant's principal executive offices)
Asset-Backed Certificates, Series 2002-SB1
(Title of each class of securities covered by this Form)
Not Applicable
(Titles of all other classes of securities for which a duty
to file reports under section 13(a)or 15(d) remains)
Please place an X in the box/s to designate, the appropriate
rule provision(s) relied upon to terminate or suspend the
duty to file reports:
Rule 12g-4(a)(1)(i) Rule 12h-3(b)(1)(i)
Rule 12g-4(a)(1)(ii) Rule 12h-3(b)(1)(ii)
Rule 12g-4(a)(2)(i) Rule 12h-3(b)(2)(i)
Rule 12g-4(a)(2)(ii) Rule 12h-3(b)(2)(ii)
Rule 15d-6 X
Approximate number of holders of record as of the certification
or notice date: 18
Pursuant to the requirements of the Securities Exchange Act
of 1934, Asset Backed Funding Corporation
has caused this certification/notice to be signed on its behalf
by the undersigned duly authorized person.
LaSalle Bank National Association in its capacity
as Trustee under the Pooling and Servicing Agreement on
behalf of Asset Backed Funding Corporation
Registrant
By: /s/ Russell M. Goldenberg
Name: Russell M. Goldenberg
Title: Group Senior Vice President
Date:January 17, 2003
.