SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                        ---------------------------------

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the

                   Securities Exchange Act of 1934, as amended


                          Date of Report: June 17, 2004
                        (date of earliest event reported)



                   WACHOVIA ASSET SECURITIZATION ISSUANCE, LLC
                   -------------------------------------------
               (Exact name of Registrant as Specified in Charter)

  North Carolina                    333-109298           56-1967773
  --------------                    ----------           ----------
 (State or Other                   (Commission           (I.R.S. Employer
  Jurisdiction of Incorporation)    File Number)          Identification Number)


                               One Wachovia Center
                               -------------------
                        301 South College Street, Suite D
                        ---------------------------------
                         Charlotte, North Carolina 28288
                         -------------------------------
                    (Address of Principal Executive Offices)
                                   (Zip Code)

       Registrant's telephone number, including area code: (704) 374-4868
                                                           --------------
                                 Not Applicable
                                 --------------
          (Former Name or Former Address, if Changed Since Last Report)






Items 1 through 4, Item 6, Item 8 and Item 9 are not  included  because they are
not applicable.

Item 5.   Other Events
- -------   ------------

Filing of Computational Materials

          In  connection  with  the  proposed  offering  of the  Wachovia  Asset
Securitization  Issuance, LLC Asset-Backed Notes, Series 2004-HE1 (the "Notes"),
Wachovia Capital Markets, LLC as underwriter (the  "Underwriter"),  has prepared
certain materials (the "Computational  Materials") for distribution to potential
investors.  Although Wachovia Asset Securitization Issuance, LLC (the "Company")
provided the Underwriter with certain information  regarding the characteristics
of the  mortgage  loans (the  "Mortgage  Loans") in the related  portfolio,  the
Company did not participate in the preparation of the Computational Materials.

          For purposes of this Form 8-K,  "Computational  Materials"  shall mean
computer generated tables and/or charts  displaying,  with respect to the Notes,
any of the following: yield; average life; duration, expected maturity; interest
rate  sensitivity;  loss  sensitivity;  cash  flow  characteristics;  background
information  regarding the Mortgage  Loans;  the proposed  structure;  decrement
tables;  or  similar  information  (tabular  or  otherwise)  of  a  statistical,
mathematical,  tabular or  computational  nature.  The  Computational  Materials
listed as Exhibits 99.1 and 99.2 hereto are filed herewith.


                                      -2-




Item 7.   Financial Statements, Pro Forma Financial Information and Exhibits
- -------   ------------------------------------------------------------------

          (a) Not applicable.

          (b) Not applicable.

          (c) Exhibits:

              99.1 Term Sheets
              99.2 Computational Materials.




                                      -3-





                                   SIGNATURES


          Pursuant to the  requirements of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                         WACHOVIA ASSET SECURITIZATION
                                         ISSUANCE, LLC



                                         By:  /s/ Robert Perret
                                           -------------------------------------
                                           Name:  Robert Perret
                                           Title: Vice President



Date:    June 17, 2004






                                 EXHIBIT INDEX
                                 -------------



Exhibit No.       Description of Exhibit
- -----------       ----------------------
   99.1           Terms Sheets
   99.2           Computational Materials.