8-K 1 abn01007_200205.htm MONTHLY DISTRIBUTION STATEMENTS 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

Date of Report: October 29, 2001
(Date of earliest event reported)

ABN AMRO Mortgage Corporation (as depositor under Pooling and
Servicing Agreement, dated as of October 1, 2001 providing for,
inter alia, the issuance of ABN AMRO Mortgage Corporation
Mortgage Pass-through Certificates Series 2001-7)

Delaware (State or other jurisdiction of organization)
333-67584-03 (Commission File No.)
363886007 (I.R.S. Employer Identification No.)

135 South LaSalle Street, Chicago, Illinois 60603
(Address of principal executive offices) (Zip Code)

Registrant's Telephone Number, including area code
(312) 904-2000

(Former name or former address, if changed since
last report.)

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS

(c) Exhibits

Exhibit No. Description

99.1 Monthly distribution report pursuant to
Section 4.02 of the Pooling and Servicing Agreement
for the distribution on May 28, 2002.

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

LASALLE BANK N.A. IN
ITS CAPACITY AS AGENT FOR THE
TRUSTEE UNDER THE POOLING AND
SERVICING AGREEMENT ON
BEHALF OF ABN AMRO Mortgage
Corporation, REGISTRANT

By:

/s/ Russell Goldenberg
Russell Goldenberg,
Group Senior Vice President

Date: May 28, 2002.

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

STATEMENT DATE:

05/28/2002

ABN AMRO MORTGAGE GROUP, INC. AS SERVICER

PAYMENT DATE:

05/28/2002

135 S. LASALLE STREET SUITE 1625

CHICAGO, IL 60603-4159

USA

MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PRIOR PAYMENT:

04/25/2002

SERIES 2001-7

NEXT PAYMENT:

06/25/2002

RECORD DATE:

04/30/2002

ABN AMRO ACCT: 67-8885-50-0

ADMINISTRATOR:

REPORTING PACKAGE TABLE OF CONTENTS

ANALYST:

CHRISTOPHER LEWIS (312) 904-7992

NEVEN MARINKOVICH 714-238-6723

CHRISTOPHER.LEWIS@ABNAMRO.COM

NEVEN.MARINKOVICH@ABNAMRO.COM

PAGE(S)

ISSUE ID:

ABN01007

CLOSING DATE:

10/29/2001

STATEMENTS TO CERTIFICATEHOLDERS

PAGE 2-3

CASH RECONCILIATION SUMMARY

PAGE 4

FIRST PAYMENT DATE:

11/25/2001

MONTHLY DATA FILE NAME:

BOND INTEREST RECONCILIATION

PAGE 5

ASSUMED FINAL PAYMENT: DATE:

10/25/2031

ABN01007_200205_3.ZIP

OTHER RELATED INFORMATION

PAGE 6

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 7-9

ASSET-BACKED FACTS ~ 15 MONTH PAYOFF/LOSS SUMMARY

PAGE 10-12

REALIZED LOSS DETAIL

PAGE 13

PARTIES TO THE TRANSACTION

DEPOSITOR: ABN AMRO INC.

UNDERWRITER: GOLDMAN SACHS & CO.

MASTER SERVICER: ABN AMRO MORTGAGE GROUP, INC.

RATING AGENCY: FITCH, INC./FITCH, INC.

INFORMATION IS AVAILABLE FOR THIS ISSUE FROM THE FOLLOWING SOURCES

LASALLE WEB SITE

WWW.ETRUSTEE.NET

LASALLE FACTOR LINE

(800) 246-5761

05/20/2002 - 17:56 (G394-G407) 2002 LASALLE BANK N.A.

PAGE 1 OF 13





	ABN AMRO

	LASALLE BANK		N.A.
*ABN AMRO MORTGAGE CORPORATION*

										*ABN AMRO MORTGAGE GROUP, INC. AS SERVICER*																											STATEMENT DATE:								05/28/2002

										*MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES*																											PAYMENT DATE:						05/28/2002

WAC:						7.180805%				*SERIES 2001-7*																											PRIOR PAYMENT:							04/25/2002
																																		NEXT PAYMENT:							06/25/2002
WAMM:						319
																																		RECORD DATE:								04/30/2002
										*REMIC II*
										*ABN AMRO ACCT: 67-8885-50-0*


									ORIGINAL							OPENING		PRINCIPAL			PRINCIPAL			NEGATIVE				CLOSING					INTEREST				INTEREST				PASS-THROUGH
				CLASS				FACE VALUE (1)								BALANCE		PAYMENT			ADJ. OR LOSS			AMORTIZATION				BALANCE					PAYMENT (2)				ADJUSTMENT				RATE

			CUSIP												PER $ 1000				PER $ 1000			PER $ 1000			PER $ 1000				PER $ 1000						PER $ 1000		PER $ 1000		NEXT RATE(3)
	IA-1						381,472,000.00					327,806,091.74					8,235,734.57			0.00			0.00				319,570,357.17				1,912,202.20					0.00				7.00000000%
	00077BYL1													859.318879865			21.589355366			0.000000000			0.000000000				837.729524500					5.012693461				0.000000000						FIXED

	IA-P						4,518,918.00					4,428,368.14					52,598.51			0.00			0.00				4,375,769.63				0.00					0.00				0.00000000%
	00077BYM9													979.962048437			11.639624795			0.000000000			0.000000000				968.322423642					0.000000000				0.000000000						N/A

	IA-X						6,962,330.00				N	4,707,552.75					0.00			0.00			0.00				4,382,563.76				27,460.72					0.00				7.00000000%
	00077BYN7													676.146168021			0.000000000			0.000000000			0.000000000				629.467974083					3.944185352				0.000000000						FIXED

	IIA-1						75,933,000.00					68,004,055.28					1,363,592.43			0.00			0.00				66,640,462.85				368,355.30					0.00				6.50000000%
	00077BYP2													895.579725284			17.957836909			0.000000000			0.000000000				877.621888375					4.851056853				0.000000000						FIXED

	IIA-P						725,643.00					701,907.23					2,610.81			0.00			0.00				699,296.42				0.00					0.00				0.00000000%
	00077BYQ0													967.290017267			3.597926253			0.000000000			0.000000000				963.692091014					0.000000000				0.000000000						N/A

	IIA-X						1,778,114.00				N	1,445,739.99					0.00			0.00			0.00				1,395,300.83				7,831.09					0.00				6.50000000%
	00077BYR8													813.074971571			0.000000000			0.000000000			0.000000000				784.708308916					4.404155189				0.000000000						FIXED

	M						6,201,000.00					6,156,181.69					7,847.62			0.00			0.00				6,148,334.07				35,491.30					0.00				6.91817775%
	00077BYS6													992.772406064			1.265541042			0.000000000			0.000000000				991.506865022					5.723480084				0.000000000						6.918363984%

	B-1						3,339,000.00					3,314,867.05					4,225.64			0.00			0.00				3,310,641.41				19,110.70					0.00				6.91817775%
	00077BYT4													992.772401917			1.265540581			0.000000000			0.000000000				991.506861336					5.723480084				0.000000000						6.918363984%

	B-2						1,908,000.00					1,894,209.77					2,414.65			0.00			0.00				1,891,795.12				10,920.40					0.00				6.91817775%
	00077BYU1													992.772416143			1.265539832			0.000000000			0.000000000				991.506876310					5.723480084				0.000000000						6.918363984%

	R-2						100.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00				7.00000000%
	00077BYY3													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000						FIXED

	B-3						1,193,000.00					1,184,377.48					1,509.79			0.00			0.00				1,182,867.69				6,828.11					0.00				6.91817775%
	00077BYV9													992.772405700			1.265540654			0.000000000			0.000000000				991.506865046					5.723478625				0.000000000						6.918363984%

	B-4						954,000.00					947,104.87					1,207.33			0.00			0.00				945,897.54				5,460.20					0.00				6.91817775%
	00077BYW7													992.772400419			1.265545073			0.000000000			0.000000000				991.506855346					5.723480084				0.000000000						6.918363984%

	B-5						714,782.78					709,617.77					577.68			326.91			0.00				708,713.18				4,091.05					0.00				6.91817775%
	00077BYX5													992.774014505			0.808189587			0.457355730			0.000000000				991.508469188					5.723487071				0.000000000						6.918363984%



		TOTAL			476,959,443.78								415,146,781.02				9,672,319.03			326.91			0.00				405,474,135.08				2,397,751.07					0.00

																										TOTAL P&I PAYMENT				12,070,070.10


	REGULAR INTEREST						476,959,443.00					415,146,779.09					9,672,645.95			0.00			0.00				405,474,133.14				2,397,424.17					(326.89)				6.93080476%
														0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000						6.925379771%

	R-1						0.00					0.00					0.00			0.00			0.00				0.00				0.00					0.00				N/A
	9ABSH291													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000				0.000000000



		TOTAL			476,959,443.00								415,146,779.09				9,672,645.95			0.00			0.00				405,474,133.14				2,397,424.17					(326.89)

																										TOTAL P&I PAYMENT				12,070,070.12


NOTES: (1) N DENOTES NOTIONAL BALANCE NOT INCLUDED IN TOTAL (2) ACCRUED INTEREST PLUS/MINUS INTEREST ADJUSTMENT MINUS DEFERRED INTEREST EQUALS INTEREST PAYMENT (3) ESTIMATED. * DENOTES CONTROLLING CLASS
05/20/2002 - 17:56 (G394-G407) 2002 LASALLE BANK N.A.																																						PAGE 2 OF 13

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

ABN AMRO MORTGAGE GROUP, INC. AS SERVICER

STATEMENT DATE:

05/28/2002

MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

05/28/2002

PRIOR PAYMENT:

04/25/2002

SERIES 2001-7

NEXT PAYMENT:

06/25/2002

RECORD DATE:

04/30/2002

ABN AMRO ACCT: 67-8885-50-0

CASH RECONCILIATION SUMMARY

INTEREST SUMMARY

SERVICING FEE SUMMARY

PRINCIPAL SUMMARY

CURRENT SCHEDULED INTEREST

2,364,004.34

CURRENT SERVICING FEES

82,327.08

SCHEDULED:

LESS DEFERRED INTEREST

0.00

PLUS FEES ADVANCED FOR PPIS

0.00

CURRENT SCHEDULED PRINCIPAL

511,851.82

PLUS ADVANCE INTEREST

116,073.82

LESS REDUCTION FOR PPIS

0.00

ADVANCED SCHEDULED PRINCIPAL

26,101.17

PLUS UNSCHEDULED INTEREST

0.00

PLUS DELINQUENT SERVICING FEES

4,161.83

SCHEDULED PRINCIPAL DISTRIBUTION

537,952.99

PPIS REDUCING SCHEDULED INTEREST

0.00

TOTAL SERVICING FEES

86,488.91

UNSCHEDULED:

LESS TOTAL FEES PAID TO SERVICER

(82,653.98)

CURTAILMENTS

84,749.91

PLUS FEES ADVANCED FOR PPIS

0.00

PREPAYMENTS IN FULL

9,049,943.05

LESS FEE STRIPS PAID BY SERVICER

0.00

PPIS SUMMARY

LIQUIDATION PROCEEDS

0.00

LESS MISC. FEES & EXPENSES

0.00

GROSS PPIS

0.00

REPURCHASE PROCEEDS

0.00

LESS NON RECOVERABLE ADVANCES

0.00

REDUCED BY PPIE

0.00

OTHER PRINCIPAL PROCEEDS

0.00

INTEREST DUE TRUST

2,400,883.73

REDUCED BY SHORTFALLS IN FEES

0.00

UNSCHEDULED PRINCIPAL DISTRIBUTION

9,134,692.96

LESS TRUSTEE FEE

(3,459.56)

REDUCED BY OTHER AMOUNTS

0.00

REMITTANCE PRINCIPAL

9,672,645.95

LESS FEE STRIPS PAID BY TRUST

0.00

NET PPIS

0.00

LESS MISC. FEES PAID BY TRUST

0.00

PPIS REDUCING SERVICING FEE

0.00

SERVICER WIRE AMOUNT

12,073,529.68

LESS INTEREST RESERVE WITHHOLDING

0.00

PPIS ALLOCATED TO CERTIFICATES

0.00

PLUS INTEREST RESERVE DEPOSIT

0.00

REMITTANCE INTEREST

2,397,424.17

POOL BALANCE SUMMARY

BALANCE/AMOUNT

COUNT

BEGINNING POOL

415,146,781.02

1,009

SCHEDULED PRINCIPAL DISTRIBUTION

537,952.99

UNSCHEDULED PRINCIPAL DISTRIBUTION

9,134,692.96

DEFERRED INTEREST

0.00

LIQUIDATIONS

0.00

REPURCHASES

0.00

ENDING POOL

405,474,135.07

987

ADVANCES

PRIOR OUTSTANDING

CURRENT PERIOD

RECOVERED

ENDING OUTSTANDING

PRINCIPAL

INTEREST

PRINCIPAL

INTEREST

PRINCIPAL

INTEREST

PRINCIPAL

INTEREST

MADE BY: SERVICER

21,354.07

123,625.05

26,101.17

116,073.82

21,354.07

123,625.05

26,101.17

116,073.82

05/20/2002 - 17:56 (G394-G407) 2002 LASALLE BANK N.A.

PAGE 4 OF 13





	ABN AMRO

	LASALLE BANK	N.A.

				*ABN AMRO MORTGAGE CORPORATION*

															*ABN AMRO MORTGAGE GROUP, INC. AS SERVICER*																																		STATEMENT DATE:								05/28/2002
																																																	PAYMENT DATE:								05/28/2002
															*MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES*
																																																	PRIOR PAYMENT:									04/25/2002
															*SERIES 2001-7*
																																																	NEXT PAYMENT:										06/25/2002
																																	RECORD DATE:								04/30/2002


															*ABN AMRO ACCT: 67-8885-50-0*
															*BOND INTEREST RECONCILIATION*


																							DEDUCTIONS																							ADDITIONS
																																	REMAINING
															ACCRUAL							PASS							ACCRUED								ADD.
DEFERRED &

					PRIOR						PREPAY-					OTHER	DISTRIBUTABLE							INTEREST			OUTSTANDING
																																	CREDIT SUPPORT
													THRU								CERTIFICATE							ALLOCABLE				TRUST				ACCRETION				INTEREST			INT. SHORT-							MENT					INTEREST					CERTIFICATE		PAYMENT			INTEREST
			CLASS			METHOD DAYS								RATE						INTEREST							PPIS					EXPENSE (1)			INTEREST				LOSSES			FALLS DUE									PENALTIES			PROCEEDS (2)
INTEREST

			AMOUNT					SHORTFALLS				ORIGINAL							CURRENT(3)

		IA-1					30/360		30	7.000000000%								1,912,202.20								0.00					0.00				0.00			0.00							0.00		0.00					0.00				1,912,202.20					1,912,202.20		0.00			3.00%	3.50%
		IA-X					30/360		30	7.000000000%								27,460.72								0.00					0.00				0.00			0.00							0.00		0.00					0.00				27,460.72					27,460.72		0.00			NA	NA
		IIA-1					30/360		30	6.500000000%								368,355.30								0.00					0.00				0.00			0.00							0.00		0.00					0.00				368,355.30					368,355.30		0.00			3.00%	3.50%
		IIA-X					30/360		30	6.500000000%								7,831.09								0.00					0.00				0.00			0.00							0.00		0.00					0.00				7,831.09					7,831.09		0.00			NA	NA
		M					30/360		30	6.918177754%								35,491.30								0.00					0.00				0.00			0.00							0.00		0.00					0.00				35,491.30					35,491.30		0.00			1.70%	1.98%
		B-1					30/360		30	6.918177754%								19,110.70								0.00					0.00				0.00			0.00							0.00		0.00					0.00				19,110.70					19,110.70		0.00			1.00%	1.17%
		B-2					30/360		30	6.918177754%								10,920.40								0.00					0.00				0.00			0.00							0.00		0.00					0.00				10,920.40					10,920.40		0.00			0.60%	0.70%
		B-3					30/360		30	6.918177754%								6,828.11								0.00					0.00				0.00			0.00							0.00		0.00					0.00				6,828.11					6,828.11		0.00			0.35%	0.41%
		B-4					30/360		30	6.918177754%								5,460.20								0.00					0.00				0.00			0.00							0.00		0.00					0.00				5,460.20					5,460.20		0.00			0.15%	0.17%
		B-5					30/360		30	6.918177754%								4,091.05								0.00					0.00				0.00			0.00							0.00		0.00					0.00				4,091.05					4,091.05		0.00			0.00%	0.00%
																			2,397,751.07						0.00					0.00				0.00				0.00						0.00				0.00					0.00			2,397,751.07					2,397,751.07			0.00

	(1) ADDITIONAL TRUST EXPENSES ARE FEES ALLOCATED DIRECTLY TO THE BOND RESULTING IN A DEDUCTION TO ACCRUED INTEREST.
	(2) OTHER INTEREST PROCEEDS INCLUDE DEFAULT INTEREST, PPIE, INTEREST DUE ON OUTSTANDING LOSSES, INTEREST DUE ON OUTSTANDING SHORTFALLS AND RECOVERIES OF INTEREST.
	(3) DETERMINED AS FOLLOWS: (A) THE ENDING BALANCE OF ALL THE CLASSES LESS (B) THE SUM OF (I) THE ENDING BALANCE OF THE CLASS AND (II) THE ENDING BALANCE OF ALL CLASSES WHICH ARE NOT SUBORDINATE TO THE CLASS DIVIDED BY (A).
																																	PAGE 5 OF 13
	05/20/2002 - 17:56 (G394-G407) 2002 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

ABN AMRO MORTGAGE GROUP, INC. AS SERVICER

STATEMENT DATE:

05/28/2002

MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PAYMENT DATE:

05/28/2002

PRIOR PAYMENT:

04/25/2002

SERIES 2001-7

NEXT PAYMENT:

06/25/2002

RECORD DATE:

04/30/2002

ABN AMRO ACCT: 67-8885-50-0

OTHER RELATED INFORMATION

SPECIAL HAZARD COVERAGE

FRAUD LOSS COVERAGE

BANKRUPTCY LOSS COVERAGE

BEGINNING

BALANCE

CURRENT

REDUCTION

ENDING

BALANCE

BEGINNING

BALANCE

CURRENT

REDUCTION

ENDING

BALANCE

BEGINNING

BALANCE

CURRENT

REDUCTION

ENDING

BALANCE

4,769,594.00

0.00

4,769,594.00

0.00

4,769,594.00

142,183.00

0.00

142,183.00

TOTAL

NUMBER OF PAYOFFS:

AGGREGATE PAYOFF AMOUNTS:

9,049,943.05

NUMBER OF CURTAILMENTS:

213

AGGREGATE CURTAILMENT AMOUNTS:

85,842.79

NUMBER OF LOANS IN FORECLOSURE:

BOOK VALUE OF LOANS IN FORECLOSURE:

0.00

PRIOR REALIZED LOSSES ALLOCATED TO THE CERTIFICATES:

723.23

CURRENT REALIZED LOSSES ALLOCATED TO THE CERTIFICATES:

326.91

CUMULATIVE REALIZED LOSSES ALLOCATED TO THE CERTIFICATES SINCE CUTOFF:

1,050.14

05/20/2002 - 17:56 (G394-G407) 2002 LASALLE BANK N.A.

PAGE 6 OF 13





		ABN AMRO

		LASALLE BANK		N.A.
		*ABN AMRO MORTGAGE CORPORATION*

																																	STATEMENT DATE:							05/28/2002
												*ABN AMRO MORTGAGE GROUP, INC. AS SERVICER*																															PAYMENT DATE:							05/28/2002
																																											*MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES*
												PRIOR PAYMENT:									04/25/2002
												*SERIES 2001-7*
																																											NEXT PAYMENT:									06/25/2002
																																	RECORD DATE:									04/30/2002

												*ABN AMRO ACCT: 67-8885-50-0*

												*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY*



											DELINQUENCY AGING CATEGORIES																									SPECIAL EVENT CATEGORIES (1)


DISTRIBUTION
DATE
DELINQ 1 MONTH								DELINQ 2 MONTHS					DELINQ 3+ MONTHS					FORECLOSURE							REO				MODIFICATIONS									SPECIALLY SERVICED						BANKRUPTCY
	# BALANCE								# BALANCE					# BALANCE					# BALANCE						# BALANCE							# BALANCE							# BALANCE							# BALANCE


					5/28/02		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					4/25/02		1		313,845						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.10%				0.08%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					3/25/02		2		716,586						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.19%				0.17%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					2/25/02		0		0						1	477,444				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.10%				0.11%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					1/25/02		0		0						0	0				1		477,799			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.09%			0.11%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					12/26/01		0		0						1	478,153				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.09%				0.10%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					11/26/01		3		1,275,027						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.26%				0.27%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				05/20/2002 - 17:56 (G394-G407) 2002 LASALLE BANK N.A.																																											PAGE 7 OF 13





		ABN AMRO

		LASALLE BANK		N.A.
		*ABN AMRO MORTGAGE CORPORATION*

																																	STATEMENT DATE:							05/28/2002
												*ABN AMRO MORTGAGE GROUP, INC. AS SERVICER*																															PAYMENT DATE:							05/28/2002
																																											*MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES*
												PRIOR PAYMENT:									04/25/2002
												*SERIES 2001-7*
																																											NEXT PAYMENT:									06/25/2002
																																	RECORD DATE:									04/30/2002

												*ABN AMRO ACCT: 67-8885-50-0*

												*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY*



											DELINQUENCY AGING CATEGORIES																									SPECIAL EVENT CATEGORIES (1)


DISTRIBUTION
DATE
DELINQ 1 MONTH								DELINQ 2 MONTHS					DELINQ 3+ MONTHS					FORECLOSURE							REO				MODIFICATIONS									SPECIALLY SERVICED						BANKRUPTCY
	# BALANCE								# BALANCE					# BALANCE					# BALANCE						# BALANCE							# BALANCE							# BALANCE							# BALANCE


					5/28/02		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					4/25/02		1		313,845						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.12%				0.09%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					3/25/02		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					2/25/02		0		0						1	477,444				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.11%				0.13%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					1/25/02		0		0						0	0				1		477,799			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.11%			0.13%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					12/26/01		0		0						1	478,153				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.11%				0.12%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					11/26/01		2		877,585						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.21%				0.22%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				05/20/2002 - 17:56 (G394-G407) 2002 LASALLE BANK N.A.																																											PAGE 8 OF 13





		ABN AMRO

		LASALLE BANK		N.A.
		*ABN AMRO MORTGAGE CORPORATION*

																																	STATEMENT DATE:							05/28/2002
												*ABN AMRO MORTGAGE GROUP, INC. AS SERVICER*																															PAYMENT DATE:							05/28/2002
																																											*MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES*
												PRIOR PAYMENT:									04/25/2002
												*SERIES 2001-7*
																																											NEXT PAYMENT:									06/25/2002
																																	RECORD DATE:									04/30/2002

												*ABN AMRO ACCT: 67-8885-50-0*

												*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY*



											DELINQUENCY AGING CATEGORIES																									SPECIAL EVENT CATEGORIES (1)


DISTRIBUTION
DATE
DELINQ 1 MONTH								DELINQ 2 MONTHS					DELINQ 3+ MONTHS					FORECLOSURE							REO				MODIFICATIONS									SPECIALLY SERVICED						BANKRUPTCY
	# BALANCE								# BALANCE					# BALANCE					# BALANCE						# BALANCE							# BALANCE							# BALANCE							# BALANCE


					5/28/02		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					4/25/02		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					3/25/02		2		716,586						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						1.21%				1.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					2/25/02		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					1/25/02		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					12/26/01		0		0						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.00%				0.00%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
					11/26/01		1		397,441						0	0				0		0			0	0				0	0			0			0				0		0					0			0
						0.56%				0.50%			0.00%				0.00%			0.00%			0.00%	0.00%			0.00%	0.00%				0.00%			0.00%			0.00%			0.00%				0.00%				0.00%				0.00%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				05/20/2002 - 17:56 (G394-G407) 2002 LASALLE BANK N.A.																																											PAGE 9 OF 13





	ABN AMRO

	LASALLE BANK		N.A.
	*ABN AMRO MORTGAGE CORPORATION*
	*ABN AMRO MORTGAGE GROUP, INC. AS SERVICER*																															STATEMENT DATE:						05/28/2002
																												PAYMENT DATE:								05/28/2002
											*MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES*																														PRIOR PAYMENT:					04/25/2002
											*SERIES 2001-7*
																												NEXT PAYMENT:										06/25/2002
																												RECORD DATE:											04/30/2002
											*ABN AMRO ACCT: 67-8885-50-0*
											*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL PAYOFF/LOSS SUMMARY*


							ENDING POOL (1)							PAYOFFS(2)			PENALTIES				APPRAISAL REDUCT. (2)					LIQUIDATIONS (2)							REALIZED LOSSES (2)									REMAINING TERM						CURR WEIGHTED AVG.

DISTRIBUTION
DATE
		# BALANCE						# BALANCE						# AMOUNT				# BALANCE						# BALANCE						# AMOUNT									LIFE AMORT.					COUPON REMIT
				5/28/02		987			405,474,135				22		9,049,943				0	0			0	0			0				0			0			0						319		322		7.18%		6.93%
					86.58%					85.01%		2.18%				2.18%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				4/25/02		1,009			415,146,781				27		12,523,651				0	0			0	0			0				0			0			0						320		323		7.19%		6.94%
					88.51%					87.04%		2.61%				2.92%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				3/25/02		1,036			428,345,896				15		6,260,371				0	0			0	0			0				0			0			0						322		324		7.20%		6.95%
					90.88%					89.81%		1.43%				1.44%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				2/25/02		1,051			435,256,042				24		9,178,786				0	0			0	0			0				0			0			0						324		326		7.20%		6.95%
					92.19%					91.26%		2.23%				2.06%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				1/25/02		1,076			445,957,112				38		16,547,388				0	0			0	0			0				0			0			0						325		326		7.21%		6.96%
					94.39%					93.50%		3.41%				3.57%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				12/26/01		1,114			463,175,438				23		11,096,429				0	0			0	0			0				0			0			0						326		328		7.22%		6.97%
					97.72%					97.11%		2.02%				2.34%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				11/26/01		1,137			474,983,801				3		1,315,689				0	0			0	0			0				0			0			0						327		329		7.22%		6.97%
					99.74%					99.59%		0.26%				0.28%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
		(1) PERCENTAGE BASED ON POOL AS OF CUTOFF. (2) PERCENTAGE BASED ON POOL AS OF BEGINNING OF PERIOD.
																												PAGE 10 OF 13
			05/20/2002 - 17:56 (G394-G407) 2002 LASALLE BANK N.A.





	ABN AMRO

	LASALLE BANK		N.A.
	*ABN AMRO MORTGAGE CORPORATION*
	*ABN AMRO MORTGAGE GROUP, INC. AS SERVICER*																															STATEMENT DATE:						05/28/2002
																												PAYMENT DATE:								05/28/2002
											*MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES*																														PRIOR PAYMENT:					04/25/2002
											*SERIES 2001-7*
																												NEXT PAYMENT:										06/25/2002
																												RECORD DATE:											04/30/2002
											*ABN AMRO ACCT: 67-8885-50-0*
											*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL PAYOFF/LOSS SUMMARY*


							ENDING POOL (1)							PAYOFFS(2)			PENALTIES				APPRAISAL REDUCT. (2)					LIQUIDATIONS (2)							REALIZED LOSSES (2)									REMAINING TERM						CURR WEIGHTED AVG.

DISTRIBUTION
DATE
		# BALANCE						# BALANCE						# AMOUNT				# BALANCE						# BALANCE						# AMOUNT									LIFE AMORT.					COUPON REMIT
				5/28/02		826			335,817,832				19		7,945,023				0	0			0	0			0				0			0			0						350		353		7.26%		7.01%
					72.46%					70.41%		2.25%				2.31%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				4/25/02		845			344,116,026				26		12,199,300				0	0			0	0			0				0			0			0						351		354		7.26%		7.01%
					74.12%					72.15%		2.99%				3.42%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				3/25/02		871			356,675,986				14		5,911,873				0	0			0	0			0				0			0			0						353		355		7.27%		7.02%
					76.40%					74.78%		1.58%				1.63%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				2/25/02		885			362,923,143				18		7,056,240				0	0			0	0			0				0			0			0						354		356		7.27%		7.02%
					77.63%					76.09%		1.99%				1.90%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				1/25/02		904			370,835,391				35		15,308,511				0	0			0	0			0				0			0			0						355		357		7.29%		7.04%
					79.30%					77.75%		3.73%				3.96%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				12/26/01		939			386,497,956				20		9,372,520				0	0			0	0			0				0			0			0						356		358		7.29%		7.04%
					82.37%					81.03%		2.09%				2.37%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				11/26/01		959			396,240,373				3		1,315,689				0	0			0	0			0				0			0			0						357		359		7.29%		7.04%
					84.12%					83.08%		0.31%				0.33%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
		(1) PERCENTAGE BASED ON POOL AS OF CUTOFF. (2) PERCENTAGE BASED ON POOL AS OF BEGINNING OF PERIOD.
																												PAGE 11 OF 13
			05/20/2002 - 17:56 (G394-G407) 2002 LASALLE BANK N.A.





	ABN AMRO

	LASALLE BANK		N.A.
	*ABN AMRO MORTGAGE CORPORATION*
	*ABN AMRO MORTGAGE GROUP, INC. AS SERVICER*																															STATEMENT DATE:						05/28/2002
																												PAYMENT DATE:								05/28/2002
											*MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES*																														PRIOR PAYMENT:					04/25/2002
											*SERIES 2001-7*
																												NEXT PAYMENT:										06/25/2002
																												RECORD DATE:											04/30/2002
											*ABN AMRO ACCT: 67-8885-50-0*
											*ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL PAYOFF/LOSS SUMMARY*


							ENDING POOL (1)							PAYOFFS(2)			PENALTIES				APPRAISAL REDUCT. (2)					LIQUIDATIONS (2)							REALIZED LOSSES (2)									REMAINING TERM						CURR WEIGHTED AVG.

DISTRIBUTION
DATE
		# BALANCE						# BALANCE						# AMOUNT				# BALANCE						# BALANCE						# AMOUNT									LIFE AMORT.					COUPON REMIT
				5/28/02		161			69,656,303				3		1,104,920				0	0			0	0			0				0			0			0						170		173		6.82%		6.57%
					14.12%					14.60%		1.83%				1.56%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				4/25/02		164			71,030,755				1		324,351				0	0			0	0			0				0			0			0						171		174		6.82%		6.57%
					14.39%					14.89%		0.61%				0.45%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				3/25/02		165			71,669,910				1		348,498				0	0			0	0			0				0			0			0						172		175		6.82%		6.57%
					14.47%					15.03%		0.60%				0.48%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				2/25/02		166			72,332,899				6		2,122,546				0	0			0	0			0				0			0			0						173		176		6.83%		6.58%
					14.56%					15.17%		3.49%				2.83%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				1/25/02		172			75,121,721				3		1,238,877				0	0			0	0			0				0			0			0						175		177		6.83%		6.58%
					15.09%					15.75%		1.71%				1.62%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				12/26/01		175			76,677,483				3		1,723,909				0	0			0	0			0				0			0			0						176		178		6.84%		6.59%
					15.35%					16.08%		1.69%				2.19%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
				11/26/01		178			78,743,427				0		0				0	0			0	0			0				0			0			0						177		179		6.84%		6.59%
					15.61%					16.51%		0.00%				0.00%						0.00%			0.00%				0.00%			0.00%			0.00%					0.00%
		(1) PERCENTAGE BASED ON POOL AS OF CUTOFF. (2) PERCENTAGE BASED ON POOL AS OF BEGINNING OF PERIOD.
																												PAGE 12 OF 13
			05/20/2002 - 17:56 (G394-G407) 2002 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

ABN AMRO MORTGAGE CORPORATION

STATEMENT DATE:

05/28/2002

ABN AMRO MORTGAGE GROUP, INC. AS SERVICER

PAYMENT DATE:

05/28/2002

MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES

PRIOR PAYMENT:

04/25/2002

SERIES 2001-7

NEXT PAYMENT:

06/25/2002

RECORD DATE:

04/30/2002

ABN AMRO ACCT: 67-8885-50-0

REALIZED LOSS DETAIL

BEGINNING

SCHEDULED

BALANCE

GROSS PROCEEDS

AS A % OF

SCHED. BALANCE

AGGREGATE

LIQUIDATION

EXPENSES *

NET

LIQUIDATION

PROCEEDS

NET PROCEEDS

AS A % OF

SCHED. BALANCE

PERIOD

DISCLOSURE

CONTROL #

APPRAISAL

DATE

APPRAISAL

VALUE

GROSS

PROCEEDS

REALIZED

LOSS

CURRENT TOTAL

CUMULATIVE

* AGGREGATE LIQUIDATION EXPENSES ALSO INCLUDE OUTSTANDING P&I ADVANCES AND UNPAID SERVICING FEES, UNPAID TRUSTEE FEES, ETC..

05/20/2002 - 17:56 (G394-G407) 2002 LASALLE BANK N.A.

PAGE 13 OF 13

ABN AMRO MORTGAGE CORP SERIES 2001-7 8-K