Monthly Statements to the Securityholders
Pursuant to Section 5.01 of the Sale and Servicing Agreement

Wachovia Asset Securitization Inc
2002-HE2


Aggregate Amount Collected for the Collection Period
	Interest	$	2,684,829.64
	Principal Collections	$	42,966,848.30
	Substitution Amounts	$	—
	Additional Draws	$	20,581,075.79
	Aggregate Substitution	$	—
Application of Collected Amounts
Applied in the following order of priority:
				Factor per Thousand
(i)	Enhancer Premium			$	117,308.16
(ii)	Noteholder’s Interest			$	1,236,428.04	1.030356699
	Payment for Additional Balance			$	—
(iii)	Principal Collections to Funding Account			$	—
(iv)	Excess Spread (during Revolving)			$	—
(v)	Excess Spread (during AP)			$	1,331,093.44
(vi)	Additional Balance Increase Payment from Excess Spread			$	—
(vii)	Noteholder’s Principal Distribution			$	22,394,978.30	18.66248192
(viii)	Enhancer for Prior Draws			$	—
(ix)	Liquidation Loss Amount			$	—
(x)	Enhancer			$	—
(xi)	Interest Shortfalls			$	—
(xii)	Indenture Trustee			$	—
(xiii)	Certificates			$	1,331,093.44
Balances
				Percentage Interest
	Beginning Note Balance			$	938,465,304.24	78.21	%
	Ending Note Balance			$	916,070,325.94	76.34	%
		Change		$	22,394,978.30	1.87	%
	Beginning Excluded Amount			$	—
	Ending Excluded Amount			$	—
		Change		$	—
	Beginning Pool Balance			$	954,263,536.47	79.52	%
	Ending Pool Balance			$	931,868,558.17	77.66	%
		Change		$	22,394,978.30	1.87	%
	Beginning Principal Balance			$	954,263,536.47	79.52	%
	Ending Principal Balance			$	931,868,558.17	77.66	%
		Change		$	22,394,978.30	1.87	%
	Beginning Certificate			$	—	0.00	%
	Ending Certificate			$	—	0.00	%
		Change		$	—


Delinquencies
		#		$
	Two statement cycle dates:		11	$	565,481.50
	Three statement cycle dates:		3	$	165,036.16
	Four statement cycle dates:		2	$	127,773.39
	Five statement cycle dates:		4	$	193,276.65
	Six statement cycle dates:		2	$	30,556.96
	Seven + statement cycle dates:		5	$	721,162.01
	Foreclosures (included in aging above)		11		1,100,310
	REO		—	$	—
	Liquidation Loss Amount		4	$	9,205.79
	Aggregate Liquidation Loss Amount			$	412,128.81		0.034	%
Additional Information
	Net WAC Rate				3.32	%
	Overcollateralization Target			$	15,751,718.97
	Overcollateralization Amount			$	15,798,232.23
	Funding Account Ending Balance			$	—
	Aggregate Draws on Enhancer Policy			$	—
	Gross CPR (1 mo. Annualized)				42.477	%
	Net CPR (1 mo. Annualized)				24.797	%
	Draw Rate (1 mo. Annualized)				23.021	%
	WAM				213.33
	AGE				20.16
	Repurchases		0	$	—


Allocation of Collected Funds
Interest Collections
Total Collected	$	(3,091,645.24	)
Servicing Fee	$	397,609.81
Enhancer Premium	$	117,308.16
Additional Balance Interest	$	—
Noteholders Interest	$	1,236,428.04
Liquidations	$	9,205.79
Excess Interest	$	1,331,093.44
Net	$	—
Interest Shortfall	$	—
Principal Collections
Total Collected	$	(42,966,848.30	)
Noteholders Principal	$	22,394,978.30
Add’l Balance Increase	$	—
Net Draws	$	20,581,075.79
Funding Account	$	—
Net	$	9,205.79
Previous Funding	$	—
Liquidations	$	(9,205.79	)
Difference	$	(0.00	)
Deficiency Amount	$	(0.00	)

WACHOVIA BANK, NATIONAL ASSOCIATION
as Administrator

WACHOVIA ASSET SECURITIZATION INC 2002 HE2 TRUST 8-K