SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K /A

Current Report Pursuant To Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 26, 2002 Distribut

Accredited Home Capital, INC.

(as Seller, Accredited Home Lenders, Inc., as Sponsor and Master

Servicer, Countrywide Home Loans Servicing LP, as Backup Servicer,

Accredited Mortgage Loan Trust 2002-2, as Issuer

and Deutsche Bank National Trust Company, as Trust Administrator).

ACCREDITED HOME LENDERS ACCREDITED MORT LOAN TRUST 2002-2

(Exact name of Registrant as specified in its Charter)

DELAWARE

(State or Other Jurisdiction of Incorporation)

333-100619-01 33-0426859

(Commission File Number) (I.R.S. Employer Identification No.)

15030 Avenue of Science, Suite 100

San Diego, CA 92128

(Address of principal executive offices) (Zip Code)

Registrant's Telephone Number, Including Area Code: (858) 676-2100

Item 5. Other Events

Attached hereto is a copy of the Monthly Remittance Statements to the

Certificateholders which was derived from the monthly information

submitted by the Master Servicer of the Trust to the Trustee.

Item 7. Financial Statement and Exhibits

Exhibits: (as noted in Item 5 above)

Monthly Remittance Statement to the Certificateholders dated as of

December 26, 2002 Distribut.

SIGNATURE

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.

Deutsche Bank National Trust Company,

not in its individual capacity, but solely

as a duly authorized agent of the Registrant

pursuant to the Sale and Servicing

Agreement, dated as of November 1, 2002.

Date: Jan 28, 2003 By: /s/ Katie Wannenmacher

Katie Wannenmacher

Vice President

EXHIBIT INDEX

DOCUMENT

Monthly Remittance Statement to the Certificateholders

dated as of December 26, 2002 Distribut.

25 < TD ALIGN="right"> < TD ALIGN="right"> < /TR>< TD ALIGN="right"> 1,000,189.02 Page 9 of 25< TR VALIGN="bottom">< TD ALIGN="right"> < TD ALIGN="center"> LTV at 116,936.08 < TD ALIGN="center" COLSPAN=5>CPR Avg since Cut-Off by Groups< TD ALIGN="right"> < TD ALIGN="center" COLSPAN=9> < TD ALIGN="right">


	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates


	December 26, 2002 Distribution - REVISED


	Contents



			TABLE OF CONTENTS
											& nbsp;
								Page

			1.	Contents				1
			2.	Certificate Payment Report				2
			3.	Collection Account Report				4
			4.	Credit Enhancement Report				7
			5.	Collateral Report				8
			6.	Delinquency Report				11
			7.	REO Report				15
			8.	Prepayment Report				16
			9.	Prepayment Detail Report				19
			10.	Realized Loss Report				20
			11.	Realized Loss Detail Report				23
			12.	Triggers, Adj. Rate Cert. and Miscellaneous Report				24
			13.	Additional Certificate Report				25



						< /FONT>
				Total Number of Pages



			CONTACTS

				Administrator: Barbara A Rowe
				Direct Phone Number: (714)247-6412
				Address: Deutsche Bank
				1761 E. St. Andrew Place, Santa Ana, CA 92705

				Web Site: http://www-apps.gis.deutsche-bank.com/invr
				Factor Information: (800) 735-7777
				Main Phone Number: (714) 247-6000

										&nbs p;

ISSUANCE INFORMATION

	Seller:							Cut-Off Date: October 30, 2002
	Certificate Insurer:							Closing Date: November 25, 2002
	Servicer(s):		Accredited Home Lenders Master Servicer					First Payment Date: December 26, 2002
			Countrywide Home Loans, Inc. Special Servicer


	Underwriter(s):		Lehman Brothers Securities Corporation					Distribution Date: December 26, 200 2
								Record Date: December 24, 2002
								November 29, 2002






						Page 1 of 25					© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Trust Fund Series 2002-2
	Certificate Payment Report for December 26, 2002 Distribution
											< FONT SIZE="-1" FACE="Times New Roman">

	Distribution in Dollars - Current Period
					Prior						Current
	Class	Original			Principal			Total	Realized	Deferred	Principal
Class	Type	Face Value			Balance	Interest	Principal	Distribution	Losses	Interest	Balance
					(1)	(2)	(3)	(4)=(2)+(3)	(5)	(6)	(7)=(1)-(3)-(5)+(6)

A-1< /FONT>	STEP,AFC	178,667,000.00			178,667,000.00	667,023.47	216,731.00	883,754.47	-	-	178,450,269.00
A-2	FLT,STEP,AF	250,056,000.00			250,056,000.00	402,659.62	933,537.73	1,336,197.35	-	-	249,122,462.27
A-3	FLT,STEP,AF	113,175,000.00			113,175,000.00	183,217.75	413,587.02	596,804.77	-	-	112,761,412.98
CERT		-			-	-	-	-	-	-	-


Total		541,898,000.00			541,898,000.00	1,252,900.84	1,563,855.75	2,816,756.59	-	-	540,334,144.25
Class A-1, A-2, & A-3 distributions restated due to a change in the certificate pass-through rates

	Interest Accrual Detail				Current Period Factor Information per $1,000 of Original Face					&nbs p;
						Orig. Principal	Prior				Current
	Period	Period				(with Notional)	Principal			Total	Principal
Class	Starting	Ending		Method	Cusip	Balance	Balance	Interest	Principal	Distribution	Balance
							(1)	(2)< /TD>	(3)	(4)=(2)+(3)	(5)

A-1	11/01/02	11/30/02		F-30/360	004375AG6	178,667,000.00	1,000.000000	3.733333	1.213044	4.946378	998.786956
A-2	11/25/02	12/25/02		A-Act/360	004375AH4	250,056,000.00	1,000.000000	1.610278	3.733315	5.343592	996.266685
A-3	11/25/02	12/25/02		A-Act/360	004375AJ0	113,175,000.00	1,000.000000	1.618889	3.654403	5.273292	996.345597
CERT< /TD>	11/01/02	11/30/02		F-30/360		-	-	-	-	-	-

	&nbs p;
							Page 2 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Trust Fund Series 2002-2
	Certificate Payment Report for December 26, 2002 Distribution


	Distribution in Dollars - to Date
						;					Current
	Original				Unscheduled	Scheduled	Total	Total	Realized	Deferred	Principal
Class	Face Value		Interest		Principal	Principal	Principal	Distribution	Losses	Interest	Balance
	(1)		(2)		(3)	(4)	(5)=(3)+(4)	(6)=(2)+(5)	(7)	(8)	(9)=(1)-(5)-(7)+(8)

A-1	178,667,000.00		667,023.47		91,424.64	125,306.36	216,731.00	883,754.47	-	-	178,450,269.00
A-2	250,056,000.00		402,659.62		789,929.90	143,607.83	933,537.73	1,336,197.35	-	-	249,122,462.27
A-3	113,175,000.00		183,217.75		349,052.47	64,534.55	413,587.02	596,804.77	-	-	112,761,412.98
CERT	-		-		-	-	-	-	-	-	-


Total	541,898,000.00		1,252,900.84		1,230,407.01	333,448.74	1,563,855.75	2,816,756 .59	-	-	540,334,144.25
								&nbs p;

	Interest Detail

	Pass-	Prior Principal				Non-	Prior	Unscheduled		Paid or	Current
	Through	(with Notional)			Accrued	Supported	Unpaid	Interest	Optimal	Deferred	Unpaid
Class	Rate	Balance			Interest	Interest SF	Interest	Adjustments	Interest	Interest	Interest
					(1)	(2)	(3)	(4)	(5)=(1)-(2)+(3)+(4)	(6)	(7)=(5)-(6)

A-1	4.48000%	178,667,000.00			667,023.47	-	-	-	667,023.47	667,023.47	-
A-2	1.87000%	250,056,000.00			402,659.62	-	-	-	402,659.62	402,659.62	-
A-3	1.88000%	113,175,000.00			183,217.75	-	-	-	183,217.75	183,217.75	-
CERT		-			-	- < /TD>	-	-	-	-	-


Total		541,898,000.00			1,252,900.84	-	-	-	1,252,900.84	1,252,900.84	-

	;
							Page 3 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Collection Account Report for December 26, 2002 Distribution


	Collection Account Report


SUMMARY					GROUP 3	GROUP 2 < /FONT>	GROUP 1	TOTAL

	Principal Collections				70,843.76	273,711.49	144,981.08	489,536.33
	Principal Withdrawals				0.00	0.00	0.00	0.00
	Principal Other Accounts				53,789.88	18,242.55	4,209.78	76,242.21
	TOTAL PRINCIPAL				124,633.64	291,954.04	149,190.86	565,778.54

	Interest Collections				528,817.85	1,169,401.63	784,042.26	2,482,261.74
	Interest Withdrawals				(56,646.72)	(125,158.32)	(49,478.65)	(231,283.69)
	Interest Other Accounts				0.00	0.00	0.00	0.00
	TOTAL INTERE ST				472,171.13	1,044,243.31	734,563.61	2,250,978.05

	TOTAL AVAILABLE FUNDS TO BONDHOLDERS				596,804.77	1,336,197.35	883,754.47	2,816,756.59

	Interest Payable to Bondholders				472,171.13	1,044,243.31	734,563.61	2,250,978.05
								&nb sp;
	Principal Payment Amount Payable to Bondholders				124,633.64	291,954.04	149,190.86	565,778.54	< /FONT>


PRINCIPAL - COLLECTIONS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Scheduled Principal				64,534.55	143,607.83	125,306.36	333,448.74
	Curtailments				6,309.21	13,167.58	19,674.72	39,151.51
	Prepayments in Full				0.00	116,936.08	0.00	116,936.08
	Repurchases/Substitutions				0.00	0.00	0.00	0.00
	Liquidations				0.00	0.00	0.00	0.00
	Insurance Principal				0.00	0.00	0.00	0.00
	Other Additional Principal				0.00	0.00	0.00	0.00
	Delinquent Principal				0.00	0.00	(88,021.99)	(88,021.99)
	Realized Losses				0.00	0.00	0.00	0.00
	Principal Recovered				0.00	0.00	0.00	0.00
	Substitution Shortfall Principal				0.00	0.00	0.00	0.00
	Proceeds due to calling the Notes				0.00	0.00	0.00	0.00
	Proceeds due to the termination of the trust				0.00	0.00	0.00	0.00
	Principal Advanced				0.00	0.00	88,021.99	88,021.99

	TOTAL PRINCIPAL				70,843.76	273,711.49	144,981.08	489,536.33


				Page 4 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Collection Account Report for December 26, 2002 Distribution


	Collection Account Report


PRINCIPAL - WITHDRAWALS					GROUP 3	GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK
&n bsp;

PRINCIPAL - OTHER ACCOUNTS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Pre-funding Release Amount				53,789.88	18,242.55	4,209.78	76,242.21
	Insured Principal Payment				0.00	0.00	0.00	0.00

	TOTAL PRINCIPAL OTHER ACCOUNTS				53,789.88	18,242.55	4,209.78	76,242.21


INTEREST - COLLECTIONS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Scheduled Interest				528,817.85	1,168,231.63	823,990.47	2,521,039.95
	Repurchases/Substitutions				0.00	0.00	0.00	0.00
	Liquidations				0.00	0.00	0.00	0.00
	Insurance Interest				0.00	0.00	0.00	0.00
	Other Additional Interest				0.00	0.00	0.00	0.00
	Prepayment Interest Shortfalls				0.00	(58.46)	0.00	(58.46)
	Delinquent Interest				0.00	0.00	(593,792.40)	(593,792.40)
	Realized Losses				0.00	0.00	0.00	0.00
	Compensating Interest				0.00	58.46	0.00	58.46
	Civil Relief Act Shortfalls				0.00	0.00	0.00	0.00
	Substitution Shortfall Interest				0.00	0.00	0.00	0.00
	Prepayment Premiums				0.00	1,170.00	0.00	1,170.00
	Loan Adjustments				0.00	0.00	0.00	0.00
	Interest Advanced				0.00	0.00	553,844.19	553,844.19

	TOTAL INTEREST				528,817.85	1,169,401.63	784,042.26	2,482,261.74


				Page 5 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates								< /FONT>
	Series 2002-2
	Collection Account Report for December 26, 2002 Distribution


	Collection Account Report


INTEREST - WITHDRAWALS					GROUP 3	GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK


INTEREST - OTHER ACCOUNTS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Capitalized Interest				0.00	0.00	0.00	0.00
	Insured Interest Payment				0.00	0.00	0.00	0.00

	TOTAL INTEREST OTHER ACCOUNT				0.00	0.00	0.00	0.00


INTEREST - FEES					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Current Servicing Fees			< /FONT>	35,367.46	78,142.58	15,885.53	129,395.57
	Indenture Trustee Fees				530.51	1,172.14	837.51	2,540.16
	Indenture Trustee Indemnification Amounts Due				0.00	0.00	0.00	0.00
	Insurance Premiums				20,748.75	45,843.60	32,755.62	99,347.97
	Amounts due and owing to the Owner Trustee				0.00	0.00	0.00	0.00
	Amounts due to the Master Servicer				0.00	0.00	0.00	0.00			&n bsp;

	TOTAL INTEREST FEES				56,646.72	125,158.32	49,478.65	231,283.69


				Page 6 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Credit Enhancement Report for December 26, 2002 Distribution


	Credit Enhancement Report
								;

ACCOUNTS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Beginning Reserve Account Balance				0.00	0.00	0.00	0.00
	Deposits to the Reserve Account				0.00	0.00	0.00	0.00
	Withdrawls to pay Class Shortfalls				0.00	0.00	0.00	0.00
< FONT SIZE="-1" FACE="Times New Roman">	Withdrawls to pay Net WAC Carryover				0.00	0.00	0.00	0.00
	Withdrawls to Sponsor				0.00	0.00	0.00	0.00
	Ending Reserve Account Balance				0.00	0.00	0.00	0.00


INSURANCE					GROUP 3	GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK


STRUCTURAL FEATURES					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Specified Over-collateralization Amount				3,508,452.22	7,751,743.94	3,126,689.61	14,386,885.77
						&nb sp;
	Over-collateralization Amount				289,831.41	641,839.68	68,517.93
									&n bsp;
	Over-collateralization Increase Amount				288,953.38	641,583.69	67,540.14	998,077.21


	&n bsp;			Page 7 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Collateral Report for December 26, 2002 Distribution


	Collateral Report
				< /TD>

COLLATERAL					GROUP 3	GROUP 2	GROUP 1	TOTAL
	Loan Count:								< /FONT>
	*Original*				416	1172	927	2515			& nbsp;
	Prior				-	-	-	-
	Prefunding				-	-	-	-
	Scheduled Paid Offs				-	-	-	-
	Full Voluntary Prepayments				-	(1)	-	(1)
	Repurchases				-	-	-	-
	Liquidations				-	-	-	-
	Current				416	1,171	927	2,514

	*Principal Balance:*
	Original				84,881,908.52	187,542,191.98	134,000,983.34	406,425,083.84
	Prior				-	-	-	-
	Prefunding				-	0.01	-	0.01
	Scheduled Principal				(64,534.55)	(143,607.83)	(125,306.36)	(333,448.74)
	Partial and Full Voluntary Prepayments				(6,309.21)	(130,103.66)	(19,674.72)	(156,087.59)
	Repurchases				-	-	-	-
	Liquidations				-	-	-	-
	Current				84,811,064.76	187,268,480.50	133,856,002.26	405,935,547.52

PREFUNDING					GROUP 3	GROUP 2	GROUP 1	TOTAL	&nbs p;

	Pre-Funding Amount Beginning Balance				28,2 93,969.51	62,514,064.00	44,666,994.45	135,475,027.96
	Pre-Funding Loans Purchased				0.00	0.00	0.00	0.00
	Pre-Funding Release Amounts				(53,789.88)	(18,242.55)	(4,209.78)	(76,242.21)
	Pre-Funding Amount Ending Balance				28,240,179.63	62,495,821.45	44,662,784.67	135,398,785.75

	Capitalized Interest Account Beginning Balance							250,000.00
& nbsp;	Interest Earnings							115,411.78
	Amounts withdrawn to support certificates							0.00
	Amounts Released to Sponsor							0.00
	Capitalized Interest Account Ending Balance							365,411.78


	Group 1		Group 3
	Group 2
Current Prin Balance by Groups (in millions of dollars)					Total Current Principal Balance (in millions of dollars)


				Page 8 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Collateral Report for December 26, 2002 Distribution


	Collateral Report


CHARACTERISTICS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Weighted Average Coupon Original				7.476050%	7.475000%	7.378965%	7.443556%
	Weighted Average Coupon Prior
	Weighted Average Coupon Current				7.476050%	7.475000%	7.378965%	7.443556%
	Weighted Average Months to Maturity Original				358	358	314	343
	Weighted Average Months to Maturity Prior				-	-	-	-
	Weighted Average Months to Maturity Current				358	358	314	343
	Weighted Avg Remaining Amortization Term Original				358	358	313	343
	Weighted Avg Remaining Amortization Term Prior				-	-	-	-
	Weighted Avg Remaining Amortization Term Current				358	358	313	343
	Weighted Average Seasoning Original				2.18	2.20	2.03	2.14
	Weighted Average Seasoning Prior				-	-	-	-	< FONT SIZE="-1" FACE="Arial">
	Weighted Average Seasoning Current				2.18	2.20	2.03	2.14

Note: Original information refers to deal issue.


	Group 1		Group 3
	Group 2
WAC by Groups					Total WAC


WARAT by Groups					Total WARAT


Note: Dates correspond to distribution dates.
							© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Co llateral Report for December 26, 2002 Distribution


	Collateral Report


ARM CHARACTERISTICS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Weighted Average Margin Original				6.190%	6.163%
	Weighted Average Margin Prior
	Weighted Average Margin Current				6.190%	6.163%
	Weighted Average Max Rate Original		;		14.476%	14.475%	7.379%
	Weighted Average Max Rate Prior
	Weighted Average Max Rate Current				14.476%	14.475%	7.379%
	Weighted Average Min Rate Original				7.473%	7.473%	7.379%
	Weighted Average Min Rate Prior
	Weighted Average Min Rate Current				7.473%	7.473%	7.379%
	Weighted Average Cap Up Original				1.500%	1.500%
	Weighted Average Cap Up Prior
	Weighted Average Cap Up Current				1.500%	1.500%
	Weighted Average Cap Down Original				1.500%	1.500%
	Weighted Average Cap Down Prior
	Weighted Average Cap Down Current				1.500%	1.500%

Note: Original information refers to deal issue.

SERVICING FEES / ADVANCES					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Current Servicing Fees				35,367.46	78,142.58	15,885.53	129,395.57
	Delinquent Servicing Fees				0.00	0.00	39,948.22	39,948.22
	TOTAL SERVICING FEES				35,367.46	78,142.58	55,833.75	169,343.79

	Total Servicing Fees				35,367.46	78,142.58	55,833.75	169,343.79
	Compensating Interest				0.00	(58.46)	0.00	(58.46)
	Delinquent Servicing Fees				0.00	0.00	(39,948.22)	(39,948.22)
	COLLECTED SERVICING FEES				35,367.46	78,084.12	15,885.53	129,337.11

	Current PPIS				0.00	(58.46)	0.00	(58.46)
	Compensating Interesst				0.00	58.46	0.00	58.46
	CURRENT NET PPIS				0.00	0.00	0.00	0.00		&nbs p;

	Total Advanced Principal For Current Payment Date				0.00	0.00	88,021.99	88,021.99
	Total Advanced Interest For Current Payment Date				0.00	0.00	553,844.19	553,844.19
	TOTAL ADVANCES FOR CURRENT PERIOD				0.00	0.00	641,866.18	641,866.18


ADDITIONAL COLLATERAL INFORMATION					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Current Month's LIBOR							1.380000%
						;

				Page 10 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Delinquency Report for December 26, 2002 Distribution


	Delinquency Report - Total


		&nbs p;		CURRENT	1 PAYMENT	2 PAYMTS	3+ PAYMTS	TOTAL
DELINQUENT		Balance			-	-	-	-
		% Balance			0.00%	0.00%	0.00%	0.00%
		# Loans			-	-	-	-
		% # Loans			0.00%	0.00%	0.00%	0.00%
FORECLOSURE		Balance		129,203.10	-	-	-	129,203.10
		% Balance		0.03%	0.00%	0.00%	0.00%	0.03%
		# Loans		1	-	-	-	1
		% # Loans		0.04%	0.00%	0.00%	0.00%	0.04%
BANKRUPTCY		Balance		106,921.54	-	-	-	106,921.54
		% Balance		0.03%	0.00%	0.00%	0.00%	0.03%
		# Loans		1	-	-	-	1
		% # Loans		0.04%	0.00%	0.00%	0.00%	0.04%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%

TOTAL		Balance		236,124.64	-	-	-	236,124.64
		% Balance		0.06%	0.00%	0.00%	0.00%	0.06%
		# Loans		2	-	-	-	2
		% # Loans		0.08%	0.00%	0.00%	0.00%	0.08%
Note: Current = 0-29days, 1 Payment =30-59days, 2 Payments = 60-89days, 3+ Payments = 90+									< /FONT>
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent


Total Foreclosure					Total Bankruptcy and REO
				& nbsp;

Note: Dates correspond to distribution dates.
				Page 11 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Delinquency Report for December 26, 2002 Distribution


	Delinquency Report - Group 1 Group								&n bsp;


				CURRENT	1 PAYMENT	2 PAYMTS	3+ PAYMTS	TOTAL
DELINQUENT		Balance			-	-	-	-
		% Balance			0.00%	0.00%	0.00%	0.00%
		# Loans			-	-	-	-
		% # Loans			0.00%	0.00%	0.00%	0.00%
FORECLOSURE		Balance		129,203.10	-	-	-	129,203.10
		% Balance		0.10%	0.00%	0.00%	0.00%	0.10%
		# Loans		1	-	-	-	1
		% # Loans		0.11%	0.00%	0.00%	0.00%	< FONT SIZE="-1" FACE="Times New Roman">0.11%
BANKRUPTCY		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%

TOTAL		Balance		129,20 3.10	-	-	-	129,203.10
		% Balance		0.10%	0.00%	0.00%	0.00%	0.10%
		# Loans		1	-	-	-	1
		% # Loans		0.11%	0.00%	0.00%	0.00%	0.11%
Note: Current = 0-29days, 1 Payment =30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average < /I>
1 or 2 Payments Delinquent					3 or More Payments Delinquent

						< FONT SIZE="-1" FACE="Times New Roman">
Total Foreclosure					Total Bankruptcy and REO


Note: Dates correspond to distribution dates.
				Page 12 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Delinquency Report for December 26, 2002 Distribution


& nbsp;	Delinquency Report - Group 2 Group


				CURRENT	1 PAYMENT	2 PAYMTS	3+ PAYMTS	TOTAL
DELINQUENT		Balance			-	-	-	-
		% Balance			0.00%	0.00%	0.00%	0.00%
		# Loans			-	-	-	-
		% # Loans			0.00%	0.00%	0.00%	0.00%
FORECLOSURE		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
BANKRUPTCY		Balance		106,921.54	-	-	-	106,921.54
		% Balance		0.06%	0.00%	0.00%	0.00%	0.06%
		# Loans		1	-	-	-	1
		% # Loans		0.09%	0.00%	0.00%	0.00%	0.09%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%

TOTAL		Balance		106,921.54	-	-	-	106,921.54
		% Balance		0.06%	0.00%	0.00%	0.00%	0.06%
		# Loans		1	-	-	-	1
		% # Loans		0.09%	0.00%	0.00%	0.00%	0.09%
Note: Current = 0-29days, 1 Payment =30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent


Total Foreclosure					Total Bankruptcy and REO


Note: Dates correspond to distribution dates.
				Page 13 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Delinquency Report for December 26, 2002 Distribution


	Delinquency Report - Group 3 Group


				CURRENT	1 PAYMENT	2 PAYMTS	3+ PAYMTS	TOTAL
DELINQUENT		Balance			-	-	-	-
		% Balance			0.00%	0.00%	0.00%	0.00%			< FONT SIZE="-1" FACE="Arial">
		# Loans			-	-	-	-
		% # Loans			0.00%	0.00%	0.00%	0.00%
FORECLOSURE	Balance		-	-	-	-	-
	% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
BANKRUPTCY		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
REO		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%

TOTAL		Balance		-	-	-	-	-
		% Balance		0.00%	0.00%	0.00%	0.00%	0.00%
		# Loans		-	-	-	-	-
		% # Loans		0.00%	0.00%	0.00%	0.00%	0.00%
Note: Current = 0-29days, 1 Payment =30-59days, 2 Payments = 60-89days, 3+ Payments = 90+
								6 Months Moving Average
1 or 2 Payments Delinquent					3 or More Payments Delinquent
						< /TD>

Total Foreclosure					Total Bankruptcy and REO


Note: Dates correspond to distribution dates.
				Page 14 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates								< /TD>
	Series 2002-2
	REO Report for December 26, 2002 Distribution


	REO Report - Mortgage Loans that Become REO During Current Distribution< /FONT>


SUMMARY				LOAN GROUP

Total Loan Count = 0				Loan Group 1 = Group 1 Group; REO Book Value = 000.00
Total Original Principal Balance = 000.00				Loan Group 2 = Group 2 Group; REO Book Value = 000.00
Total Current Balance = 000.00				Loan Group 3 = Group 3 Group; REO Book Value = 000.00
REO Book Value = 000.00

REO Book Value reported corresponds to total REO loans, including loans that become REO during current distribution.

Loan Number		Original	Stated		Current	State &
&		Principal	Principal	Paid to	Note	Original	Origination
Loan Group		Balance	Balance	Date	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK

					&nb sp;
				Page 15 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Prepayment Report for December 26, 2002 Distribution


	Prepayment Report - Voluntary Prepay ments


VOLUNTARY PREPAYMENTS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	*Current*
	Number of Paid in Full Loans				-	1	-	1
	Number of Repurchased Loans				-	-	-	-
	Total Number of Loans Prepaid in Full				-	1	-	1
				& nbsp;
	Paid in Full Balance				-	-	116,936.08
	Repurchased Loans Balance				-	-	-	-
	Curtailments Amount				6,309.21	13,167.58	19,674.72	39,151.51
	Total Prepayment Amount				6,309.21	130,103.66	19,674.72	156,087.59

	*Cumulative*
	Number of Paid in Full Loans				-	1	-	1
	Number of Repurchased Loans				-	-	-	-
	Total Number of Loans Prepaid in Full				-	1	-	1

	Paid in Full Balance				-	116,936.08	-	116,936.08
	Repurchased Loans Balance				-	-	-	-			< /TD>
	Curtailments Amount				6,309.21	13,167.58	19,674.72	39,151.51
	Total Prepayment Amount				6,309.21	130,103.66	19,674.72	156,087.59

SPACE INTENTIONALLY LEFT BLANK


Total Prepayme nts by Groups (in thousands of dollars)					Total Prepayments (in thousands of dollars)


				Page 16 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Prepayment Report for December 26, 2002 Distribution


	Prepayment Report - Voluntary Prepayments


VOLUNTARY PREPAYMENT RATES		&nbs p;			GROUP 3	GROUP 2	GROUP 1	TOTAL

	SMM				0.01%	0.07%	0.01%	0.04%
	3 Months Avg SMM
	12 Months Avg SMM								&nbs p;
	Avg SMM Since Cut-off				0.01%	0.07%	0.01%	0.04%

	CPR				0.09%	0.83%	0.18%	0.46%
	3 Months Avg CPR
	12 Months Avg CPR
	Avg CPR Since Cut-off				0.09%	0.83%	0.18%	0.46%

	PSA				20.44%	188.24%	43.41%	107.42%	&nbs p;
	3 Months Avg PSA Approximation
	12 Months Avg PSA Approximation
	Avg PSA Since Cut-off Approximation				20.44%	188.24%	43.41%	107.42%

			&nb sp;

	Group 1		Group 3
	Group 2


CPR by Groups					Total CPR
									&nbs p;

PSA by Groups					Total PSA
						&nbs p;

				Page 17 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Prepayment Report for December 26, 2002 Distribution
	< /TD>

	Prepayment Report - Voluntary Prepayments

	Group 1		Group 3
	Group 2

Total CPR Avg since Cut-Off


PSA Avg since Cut-Off by Groups					Total PSA Avg since Cut-Off


PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases)/(Beg Principal Balance - Sched Principal)
Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)
PSA Standard Prepayment Model: CPR/(0.02*min(30,WAS))
Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn) * (1-SMMn+1) .......(1-SMMm)]^(1/m onths in period n,m)
Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^12)
Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.02*Avg WASn,m))
Average WASn,m: (min(30,WASn)+min(30,WASn+1)+.......+min(30,WASm)/(number of months in the period n,m)
Weighted Average Seasoning (WAS)
											&n bsp;
Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.
Dates correspond to distribution dates.

				Page 18 of 25				© COPYRIGHT 2002 Deutsche Bank


	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Prepayment Detail Report for December 26, 2002 Distribution


	Prepayment Detail Report - Loans Prepaid in Full During Current Distribution


SUMMARY						LOAN GROUP

Total Loan Count = 1						Loan Group 1 = Group 1 Group
Total Origin al Principal Balance = 117,000.00						Loan Group 2 = Group 2 Group
Total Prepayment Amount = 116,936.08						Loan Group 3 = Group 3 Group


Loan Number			Original			Current	State &	Type Prepayment
&		Loan	Principal	Prepayment	Prepayment	Note	LTV at	&	Origination
Loan Group		Status	Balance	Amount	Date	Rate	Origination	Original Term	Date

209112852 2			117,000.00	116,936.08	Nov-29-02	8.999%	OH - 87.31%	Paid Off - 360	Sep-30-02


					Page 19 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Realized Loss Report for December 26, 2002 Distribution


	Realized Loss Report - Collateral


COLLATERAL REALIZED LOSSES					GROUP 3	GROUP 2	GROUP 1	TOTAL

	*Current*
	Number of Loans Liquidated				-	-	-	-
	Collateral Realized Loss/(Gain) Amount				-	-	-	-
	Net Liquidation Proceeds				-	-	-	-

	*Cumulative*
	Number of Loans Liquidated				-	-	-	-
	Collateral Realized Loss/(Gain) Amount				-	-	-	-
	Net Liquidation Proceeds				-	-	-	-

	Note: Collateral realized losses may include adjustments to loans liquidated in prior periods.

SPACE INTENTIONALLY LEFT BLANK

									& nbsp;
	Group 1		Group 3				3 Months Moving Average
	Group 2

Collateral Loss Severity Approximation by Groups					Collateral Loss Severity Approximation


				Page 20 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Realized Loss Report for December 26, 2002 Distribution


	Realized Loss Report - Collateral
	< /FONT>

DEFAULT SPEEDS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	MDR				0.00%	0.00%	0.00%	0.00%
	3 Months Avg MDR
	12 Months Avg MDR
	Avg MDR Since Cut-off				0.00%	0.00%	0.00%	0.00%

	CDR				0.00%	0.00%	0.00%	0.00%
	3 Months Avg CDR
	12 Months Avg CDR
	Avg CDR Since Cut-off				0.00%	0.00%	0.00%	0.00%

	SDA				0.00%	0.00%	0.00%	0.00%
	3 Months Avg SDA Approximation
	12 Months Avg SDA Approximation
	Avg SDA Since Cut-off Approximation				0.00%	0.00%	0.00%	0.00%

	Loss Severity Approximation for Current Period
	3 Months Avg Loss Severity Approximation
	12 Months Avg Loss Severity Approximation
	Avg Loss Severity Approximation Since Cut-off

	Group 1		Group 3
	Group 2
CDR by Groups					Total CDR				&nbs p;


SDA by G roups					Total SDA

									< /TD>
				Page 21 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Realized Loss Report for December 26, 2002 Distribution
										;

	Realized Loss Report - Collateral
< /FONT>
	Group 1		Group 3
	Group 2

CDR Avg since Cut-Off by Groups					Total CDR Avg since Cut-Off


SDA Avg since Cut-Off by Groups					Total SDA Avg since Cut-Off


COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY									& nbsp;
Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
Conditional Default Rate (CDR): 1-((1-MDR)^12)
SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))
Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn) * (1-MDRn+1) .......(1-MDRm)]^(1/months in period n,m)
Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
Average SDA Approximation over period between the nth month and mth month:
AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))
Average WASn,m: (WASn + WASn+1 +.......+ WASm ) /(number of months in the period n,m)
Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)
Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
Dates correspond to distribution dates.

				Page 22 of 25				© COPYRIGHT 2002 Deutsche Bank


	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Realized Loss Detail Report for December 26, 2002 Distribution


	Realized Loss Detail Report - Loans Liquidated During Current Distribution

					&nbs p;
SUMMARY						LOAN GROUP

Total Loan Count = 0						Loan Group 1 = Group 1 Group
Total Original Principal Balance = 0.00						Loan Group 2 = Group 2 Group
Total Prior Principal Balance = 0.00						Loan Group 3 = Group 3 Group
Total Realized Loss Amount = 0.00
Total Net Liquidation Proceeds = 0.00

		& nbsp;
Loan Number			Original	Prior		Current	State &
&		Loan	Principal	Principal	Realized	Note	LTV at	Original	Origination
Loan Group		Status	Balance	Balance	Loss/(Gain)	Rate	Origination	Term	Date
SPACE INTENTIONALLY LEFT BLANK

			;
					Page 23 of 25				© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Triggers, Adj. Rate Cert. and Miscellaneous Report for December 26, 2002 Distribution


	Triggers, Adj. Rate Cert. and Miscellaneous Report


TRIGGER EVENTS					GROUP 3	GROUP 2	GROUP 1	TOTAL

	Has the Step Down Requirement been satisfied							No

	Has the Step Up Test Event occured?							No

	Has the Clean Up Call Date been reached?				No	No	No	No


ADJUSTABLE RATE CERTIFICATE INFORMATION					GROUP 3	GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK

			&nb sp;
ADDITIONAL INFORMATION					GROUP 3	GROUP 2	GROUP 1	TOTAL
SPACE INTENTIONALLY LEFT BLANK


				Page 24 of 25	;			© COPYRIGHT 2002 Deutsche Bank
	Accredited Mortgage Loan Trust 2002-02
	Mortgage Pass-Through Certificates
	Series 2002-2
	Additional Certificate Report for December 26, 2002 Distribution								< /TD>


	Additional Certificate Report

SPACE INTENTIONALLY LEFT BLANK
	CLASS


				Page 25 of 25				© COPYRIGHT 2002 Deutsche Bank

ACCREDITED HOME LENDERS ACCREDITED MORT LOAN TRUST 2002-2 8-K/A