Exhibit 99.1

Bay View Securitization Corporation
Bay View 2002 LJ-1 Owner Trust
For Payment Date: December 27, 2004
For Collection Period: November 2004
For Determination Date: December 15, 2004


																				LOAN
A.	PRINCIPAL BALANCE RECONCILIATION	A-1			A-2			A-3			A-4			# LOANS			TOTAL			BALANCE
(A)	Original Principal Balance		65,800,000.00			129,000,000.00			171,000,000.00			87,410,907.00			20,885			453,210,907.00			453,210,907.00
(B)	Beginning Balance		0.00			0.00			49,769,277.77			87,410,907.00			9,276			137,180,184.77			137,180,184.77
(C)	Collections (Regular Payments)		0.00			0.00			3,329,196.92			0.00			N/A			3,329,196.92			3,329,196.92
(D)	Withdrawal from Payahead (Principal)		0.00			0.00			14,065.96			0.00			N/A			14,065.96			14,065.96
(E)	Collections (Principal Payoffs)		0.00			0.00			3,404,500.11			0.00			295			3,404,500.11			3,404,500.11
(F)	Gross Charge Offs (Prior Mo. End Bal)		0.00			0.00			439,633.53			0.00			28			439,633.53			439,633.53
(G)	Principal Reductions (Other)(Partial chg-off)		0.00			0.00			33,644.55			0.00			N/A			33,644.55			33,644.55
(H)	Repurchases		0.00			0.00			0.00			0.00			0			0.00			0.00
(I)	Ending Balance		0.00			0.00			42,548,236.70			87,410,907.00			8,953			129,959,143.70			129,959,143.70
(J)	Certificate Factor		0.000000	%		0.000000	%		24.882010	%		100.000000	%		42.868087	%		28.675202	%		28.675202	%
Notional Principal Balance: Class I
(K)	Beginning																				47,130,079.68
(L)	Reduction																				7,221,041.07
(M)	Ending																				40,186,179.00
Notional Principal Balance: Companion Component
(N)	Beginning																				90,050,105.09
(O)	Reduction																				—
(P)	Ending																				90,050,105.09
B.	CASH FLOW RECONCILIATION																			TOTALS
(A)	CASH WIRED-PRINCIPAL AND INTEREST COLLECTIONS																				7,913,208.67
(B)	INTEREST WIRED — COLLECTION ACCOUNT & PAYAHEAD ACCOUNT																				13,742.78
(C)	WITHDRAWAL FROM PAYAHEAD ACCOUNT																				0.00
	1) allocable to principal																				14,065.96
	2) allocable to interest																				0.00
(D)	ADVANCES																				4,830.85
(E)	REPURCHASES																				0.00
(F)	GROSS CHARGE OFF RECOVERIES																				296,215.27
(G)	SPREAD ACCOUNT WITHDRAWAL																				0.00
(H)	Policy Draw for “I” Interest																				0.00
(I)	Policy Draw for “A-1” Interest or Ultimate Principal																				0.00
(J)	Policy Draw for “A-2” Interest or Ultimate Principal																				0.00
(K)	Policy Draw for “A-3” Interest or Ultimate Principal																				0.00
(L)	Policy Draw for “A-4” Interest or Ultimate Principal																				0.00
	TOTAL COLLECTIONS																				8,242,063.53
C.	TRUSTEE DISTRIBUTION																			TOTAL
(A)	TOTAL CASH FLOW																				8,242,063.53
(B)	DEPOSIT TO PAYAHEAD																				0.00
(C)	Indenture Trustee Fee																				0.00
(D)	UNRECOVERED INTEREST ADVANCES																				6,928.33
(E)	SERVICING FEE (DUE AND UNPAID)																				114,316.82
(F)	Standby Servicing Fee (not to exceed $50,000)																				3,000.00
(G)	Owner Trustee Fee (not to exceed $25,000)																				0.00
(H)	INTEREST TO “A-1” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				0.00
(I)	INTEREST TO “A-2” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				0.00
(J)	INTEREST TO “A-3” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				121,105.24
(K)	INTEREST TO “A-4” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				262,232.72
(L)	Interest to “I” Certificate Holders, including Overdue																				98,187.67
(M)	PRINCIPAL TO “A-1” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				0.00
(N)	PRINCIPAL TO “A-2” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				0.00
(O)	PRINCIPAL TO “A-3” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				7,221,041.07
(P)	PRINCIPAL TO “A-4” CERTIFICATE HOLDERS, INCLUDING OVERDUE																				0.00
(Q)	Policy Premium and Unreimbursed Draws																				43,319.71
(R)	Spread Account (up to the Requisite Amount)																				0.00
(S)	Additional Unpaid Standby Servicing Fee																				0.00
(T)	Additonal Unpaid Indenture Trustee Fee																				0.00
(U)	Additional Unpaid Owner Trustee Fee																				0.00
(V)	Interests Advance Recovery Payments																				0.00
(W)	EXCESS YIELD																				371,931.97
	BALANCE																				0.00
D.	SPREAD ACCOUNT																			SPREAD
																				ACCOUNT
(A)	BEGINNING BALANCE																				13,928,196.04
(B)	ADDITIONS TO SPREAD AMOUNT																				371,931.97
(C)	INTEREST EARNED																				19,339.99
(D)	DRAWS																				0.00
(E)	REIMBURSEMENT FOR PRIOR DRAWS																				N/A
(F)	DISTRIBUTION OF FUNDS TO SERVICER																				N/A
(G)	PRIOR MONTH DISTRIBUTION OF FUNDS TO ISSUER																				331,868.83
(H)	ENDING BALANCE																				13,987,599.17
(I)	REQUIRED BALANCE																				13,596,327.21
(J)	CURRENT MONTH DISTRIBUTION OF FUNDS TO ISSUER																				391,271.96

Bay View Securitization Corporation
Bay View 2002 LJ-1 Owner Trust
For Payment Date: December 27, 2004
For Collection Period: November 2004
For Determination Date: December 15, 2004

CURRENT RECEIVABLES DELINQUENCY

NUMBER

BALANCE

# PAYMENT DELINQUENCY

(A)

31-60

887,316.60

(B)

61-90

178,136.55

(C)

TOTAL

1,065,453.15

(D)

90+ days

385,241.68

REPOSSESSIONS

(A)

COLLECTION PERIOD REPOSSESSIONS (CURRENT PERIOD END BAL)

386,556.08

(B)

AGGREGATE REPOSSESSIONS

540

10,458,561.84

(C)

UNLIQUIDATED REPOSSESSIONS

408,667.59

PAYAHEAD RECONCILIATION

(A)

BEGINNING BALANCE

66,312.88

(B)

DEPOSIT

0.00

(C)

WITHDRAWAL

14,065.96

(D)

ENDING BALANCE

52,246.92

PERFORMANCE TEST

DELINQUENCY RATIO (30+)

DELINQUENT

MONTH

POOL

DELINQUENCY

MONTH

BALANCE

(A)

CURRENT

1,065,453.15

129,959,143.70

0.8198

(B)

1ST PREVIOUS

1,539,640.94

137,180,184.77

1.1223

(C)

2ND PREVIOUS

701,994.82

144,203,755.59

0.4868

(D)

THREE MONTH ROLLING AVERAGE

1,102,362.97

137,114,361.35

0.8097

CUMULATIVE DEFAULT RATE

MONTH

ORIGINAL POOL

Default

BALANCE

Rate %

(A)

Defaulted Receivables (Current Period)

474,263.15

(B)

Cumulative Defaulted Receivables (Prior Month)

12,964,552.55

(C)

Cumulative Defaulted Receivables (Current Month)

13,438,815.70

453,210,907.00

2.97

MONTH

ORIGINAL POOL

Net Loss

CUMULATIVE NET LOSS RATE

BALANCE

Rate %

(A)

Collection Period Charge-Off receivables

473,278.08

(B)

50% of Purchase Receivables with scheduled payment delinquent more than 30 days

(C)

Aggregate Cram Down Losses during period

(D)

Less: Recoveries (current month)

296,215.27

(E)

Prior Period Adjustment

(F)

Net Losses current period

177,062.81

(G)

Prior Period cumulative net losses

8,588,971.59

(H)

Cumulative Net Losses (current period)

8,766,034.40

453,210,907.00

1.93

(I)

Total Defaults

474,263.15

(J)

50% of defaulted Receivables ( not included in Collection Period Charge-Off Receivables)

237,131.58

(K)

Cumulative net losses including 50% of defaults

9,003,165.98

453,210,907.00

1.99

MONTH

POOL

Extension

EXTENSION RATE

BALANCE

Rate %

(A)

Principal Balance of Receivables extended during current period (not to exceed 1% of Original Pool Balance)

540,791.11

129,959,143.70

0.42

LOCKBOX TEST

AMOUNT

NUMBER

(A)

Total Payments to Lockbox (Current Month)

4,510,890.08

8,295

(B)

Total Payments (Current Month)

8,209,423.94

9,166

(C)

Lockbox Payment Percentage

90.50

FINANCIAL COVENANTS

(A)

Monthly BVAC capital (at least $50MM)

50,000

(B)

Monthly BVAC cash and working capital borrowing capacity (at least $5MM)

24,614

(C)

Monthly BVAC net worth (at least $20MM)

62,975

WAC-Weighted Average Coupon

10.3669

WAM-Weighted Average Maturity

45.71


/s/ Angelica Velisano	APPROVED BY:	/s/ Lisa Staab

Prepared by: Angelica Velisano		Lisa Staab
Senior Accounting Analyst		VP, Controller
Bay View Securitization Corp		Bay View Acceptance Corp

BAY VIEW SECURITIZATION CORP 8-K