SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 UNITED STATES FORM 10-K [ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact Name of Registrant) (State or Other Jurisdiction Of Incorporation) Registrant's telephone number, including area code: WACHOVIA ASSET SECURITIZATION, INC. Wachovia Asset Securitization Issuance, LLC. North Carolina (I.R.S. Employer Identification No.) 56-1967773 Commission File Number : 333-97457-05 (Address of Principal Executive Offices) (Zip Code) 28288-5578 (704) 383-4634 Securities registered pursuant to Section 12(b) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. For the fiscal year ended December 31, ~~2008~~2009 or For the transition period from _____________ to _____________ (Issuing Entity) Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K ( 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). [ Yes] Asset-Backed Certificates, Series 2003-HE2 Documents incorporated by reference: None State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter. Not Applicable. [X No] [ Yes] [X No] [X Yes] [ ~~N o~~ No] [X] [ Yes] [X No] Large accelerated filer [ ] Accelerated filer [ ] Non-accelerated filer [X] (Exact Name of Sponsor as Specified in its Charter) Wachovia Bank, National Association c/o Wachovia Bank, N.A., 301 South College Street Charlotte, NC fka Wachovia Asset Securitization, Inc (Exact Name of Depositor as Specified in its Charter)

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity ~~Securities.~~

Securities.

To the best knowledge of the Certificate Administrator, there is no established public trading market for the Bonds. As of ~~the date hereof, Cede Co., the nominee of the Depository Trust Company ("DTC"), was the only holder of record of the Bonds. DTC holds the Bonds for the accounts of others.~~

the date hereof, Cede Co., the nominee of the Depository Trust Company ("DTC"), was the only holder of record of the

Bonds. DTC holds the Bonds for the accounts of others.

Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operation.

Item 7A. Quantitative and Qualitative Disclosures About Market Risk.

Item 8. Financial Statements and Supplementary Data.

Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.

Item 9A. Controls and Procedures.

Item 9B. Other Information.

Not Applicable.

Filing Compare · WACHOVIA ASSET SECURITIZATION INC 2003-HE2 TRUST