8-K 1 ml02afc1_200301.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: January 27, 2003
(Date of earliest event reported)

Merrill Lynch Mortgage Investors, INC., (as depositor under Pooling and
Servicing Agreement, dated as of February 1, 2002, which forms Mortgage
Loan Asset Backed Certificates, Series 2002-AFC 1)
(Exact name of registrant as specified in charter)

Delaware (State or other jurisdiction of organization)
333-47270 (Commission File No.)
###-##-#### (I.R.S. Employer Identification No.)

World Financial Center, North Tower, New York, New York 10281
(Address of principal executive offices) (Zip Code)

Registrant's Telephone Number, including area code
(212) 449-1000

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

Item 5. This current report on From 8-K relates to the monthly
distribution reported to the holders of Merrill Lynch Mortgage
Investors, Inc., Asset-Backed Certificates, Series 2002-AFC 1,
which was made on January 27, 2003.

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

(c) Exhibits

Exhibit No. Description

99.1 Monthly distribution report pursuant to
Section 4.06 of the Pooling and Servicing Agreement
for the distribution on January 27, 2003.

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 Trustee
UNDER THE POOLING AND
SERVICING AGREEMENT ON
BEHALF OF Merrill Lynch
Mortgage Investors, Inc., REGISTRANT

By:

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

Date: January 27, 2003.

ABN AMRO

LASALLE BANK

N.A.

MERRILL LYNCH MORTGAGE INVESTORS, INC.

STATEMENT DATE:

1101/2527/~~2002~~2003

ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1

PAYMENT DATE:

1101/2527/~~2002~~2003

135 S. LASALLE STREET SUITE 1625

CHICAGO, IL 60603-4159

USA

PRIOR PAYMENT:

1012/2526/2002

NEXT PAYMENT:

1202/2625/~~2002~~2003

RECORD DATE:

1012/31/2002

ABN AMRO ACCT: 67-8946-30-2

ADMINISTRATOR:

REPORTING PACKAGE TABLE OF CONTENTS

ANALYST:

CHRISTOPHER LEWIS (312) 904-7992

THOMAS HELMS (714) 238-6738

CHRISTOPHER.LEWIS@ABNAMRO.COM

THOMAS.HELMS@ABNAMRO.COM

PAGE(S)

ISSUE ID:

ML02AFC1

CLOSING DATE:

2/7/2002

STATEMENTS TO CERTIFICATEHOLDERS

PAGE 2-3

CASH RECONCILIATION SUMMARY

PAGE 4-6

FIRST PAYMENT DATE:

2/25/2002

MONTHLY DATA FILE NAME:

BOND INTEREST RECONCILIATION

PAGE 7

ASSUMED FINAL PAYMENT: DATE:

9/25/2032

ML02AFC1_200211_3.ZIP

OTHER RELATED INFORMATION

PAGE 8

ML02AFC1_200301_3.ZIP

OTHER RELATED INFORMATION

PAGE 8

ASSET-BACKED FACTS ~ 15 MONTH LOAN STATUS SUMMARY

PAGE 9-11

ASSET-BACKED FACTS ~ 15 MONTH PAYOFF/LOSS SUMMARY

PAGE 12-14

HISTORICAL REO REPORT

PAGE 15-16

REALIZED LOSS DETAIL

PAGE 17

PARTIES TO THE TRANSACTION

DEPOSITOR: MERRILL LYNCH MORTGAGE INVESTORS INC.

UNDERWRITER: MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

MASTER SERVICER: FAIRBANKS CAPITAL CORPORATION

RATING AGENCY: STANDARD & POOR'S RATING SERVICES/MOODY'S INVESTORS SERVICE, INC.

RATING AGENCY: MOODY'S INVESTORS SERVICE, INC./STANDARD & POOR'S RATING SERVICES

INFORMATION IS AVAILABLE FOR THIS ISSUE FROM THE FOLLOWING SOURCES

LASALLE WEB SITE

WWW.ETRUSTEE.NET

LASALLE FACTOR LINE

(800) 246-5761

11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.

PAGE 1 OF 17

01/27/2003 - 07:00 (H119-H132) 2003 LASALLE BANK N.A.

PAGE 1 OF 14

	ABN AMRO
	LASALLE BANK		N.A.
MERRILL LYNCH MORTGAGE INVESTORS, INC.
										ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1																										STATEMENT DATE:									1101/2527/~~2002~~2003
																																				PAYMENT DATE:						1101/2527/~~2002~~2003
WAC:						10.~~677508~~699979%																														PRIOR PAYMENT:							1012/2526/2002
																																				NEXT PAYMENT:								1202/2625/~~2002~~2003
WAMM:						258
																																				RECORD DATE:									1012/31/2002
CURRENT INDEX:						1.~~830000~~420000%
NEXT INDEX:						1.~~380000~~352500%				REMIC III
										ABN AMRO ACCT: 67-8946-30-2
									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)
	AF-1						166,000,000.00					7758,~~507~~162,~~332~~411.9727					107,~~573~~734,~~553~~188.8224			0.00			0.00				6650,~~933~~428,~~779~~223.1503				~~137~~85,~~489~~304.4087				0.00				21.~~06000000~~65000000%
	589929XU7													~~466~~350.~~911644398~~375971506			6346.~~696107349~~591495422			0.000000000			0.000000000				~~403~~303.~~215537048~~784476084					0.~~828249398~~513884759			0.000000000						1.~~610000000~~582500000%
	AF-2						82,000,000.00					82,000,000.00					0.00			0.00			0.00				82,000,000.00				356,700.00				0.00				5.22000000%
	589929XV5													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					4.350000000			0.000000000						N/A
	AF-3						45,143,000.00					45,143,000.00					0.00			0.00			0.00				45,143,000.00				246,405.54				0.00				6.55000000%
	589929XW3													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.458333296			0.000000000						N/A
	AF-IO						73,600,000.00				N	60,400,000.00					0.00			0.00			0.00				6055,~~400~~800,000.00				337,233.33				0.00				6.70000000%
	589929XX1													820.652173913			0.000000000			0.000000000			0.000000000				~~820~~758.~~652173913~~152173913					4.581974592			0.000000000						N/A
	MF-1						25,614,000.00					25,614,000.00					0.00			0.00			0.00				25,614,000.00				140,450.10				0.00				6.58000000%
	589929XY9													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					5.483333333			0.000000000						N/A
	MF-2						19,922,000.00					19,922,000.00					0.00			0.00			0.00				19,922,000.00				121,524.20				0.00				7.32000000%
	589929XZ6													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					6.100000000			0.000000000						N/A
	BF-1						20,871,000.00					20,871,000.00					0.00			0.00			0.00				20,871,000.00				137,748.60				0.00				7.92000000%
	589929YA0													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					6.600000000			0.000000000						N/A
	AV-1						146,727,000.00					9989,~~478~~964,~~704~~958.3020					53,~~265~~220,~~991~~550.5398			0.00			0.00				9486,~~212~~744,~~712~~407.7722				~~188~~143,~~456~~144.8824				0.00				21.~~20000000~~79000000%
	589929YB8													~~677~~613.~~984994582~~145216627			3521.~~889723977~~949273004			0.000000000			0.000000000				~~642~~591.~~095270605~~195943623					10.~~284404915~~975582136			0.000000000						1.~~750000000~~722500000%
	AV-IO						37,000,000.00				N	28,800,000.00					0.00			0.00			0.00				2826,~~800~~600,000.00				120,000.00				0.00				5.00000000%
	589929YC6													778.378378378			0.000000000			0.000000000			0.000000000				~~778~~718.~~378378378~~918918919					3.243243243			0.000000000						N/A
	MV-1						13,695,000.00					13,695,000.00					0.00			0.00			0.00				13,695,000.00				3329,~~373~~459.9547				0.00				2.~~83000000~~42000000%
	589929YD4													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					2.~~436944140~~151111355			0.000000000						2.~~380000000~~352500000%
	MV-2						14,184,000.00					14,184,000.00					0.00			0.00			0.00				14,184,000.00				4440,~~336~~597.8276				0.00				3.~~63000000~~22000000%
	589929YE2													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					32.~~125833333~~862222222			0.000000000						3.~~180000000~~152500000%
	BV-1						9,293,000.00					9,293,000.00					0.00			0.00			0.00				9,293,000.00				3330,~~049~~728.5285				0.00				43.~~13000000~~72000000%
	589929YF9													1000.000000000			0.000000000			0.000000000			0.000000000				1000.000000000					3.~~556388680~~306666308			0.000000000						3.~~680000000~~652500000%
	C						571,972,863.34				N	~~439~~410,~~153~~345,~~084~~216.9840					0.00			0.00			0.00				~~423~~399,~~364~~390,~~338~~477.8518				21,~~240~~948,~~498~~989.3382				(~~158~~107,~~067~~489.5163)				6.~~55415869~~01390059%
	9ABSH131													767.786573677			0.000000000			0.000000000			0.000000000				740.182561071					3.917140958			(0.276354911)						N/A
	9ABSH1311													717.420777629			0.000000000			0.000000000			0.000000000				698.268227006					3.407486517			(0.187927849)						N/A
	R						0.00					0.00					0.00			0.00			0.00				0.00				0.00				0.00				N/A
	9ABSH132													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000			0.000000000
	9ABSH1329													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000			0.000000000
	RI						0.00					0.00					0.00			0.00			0.00				0.00				0.00				0.00				N/A
	9ABSH150													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000			0.000000000
	9ABSH1501													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000			0.000000000
	RII						0.00					0.00					0.00			0.00			0.00				0.00				0.00				0.00				N/A
	9ABSH151													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000			0.000000000
	9ABSH1519													0.000000000			0.000000000			0.000000000			0.000000000				0.000000000					0.000000000			0.000000000
		TOTAL			543,449,000.00								~~407~~378,~~708~~849,~~037~~369.2747				1510,~~839~~954,~~545~~739.3522			0.00			0.00				~~391~~367,~~868~~894,~~491~~630.9225				43,~~137~~738,~~266~~286.6778				(~~158~~107,~~067~~489.5163)
																										TOTAL P&I PAYMENT				1914,~~976~~693,~~812~~026.0200
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
11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.																																					PAGE 2 OF 17
01/27/2003 - 07:00 (H119-H132) 2003 LASALLE BANK N.A.																																					PAGE 2 OF 14

ABN AMRO

LASALLE BANK

N.A.

MERRILL LYNCH MORTGAGE INVESTORS, INC.

ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1

STATEMENT DATE:

1101/2527/~~2002~~2003

PAYMENT DATE:

1101/2527/~~2002~~2003

PRIOR PAYMENT:

1012/2526/2002

NEXT PAYMENT:

1202/2625/~~2002~~2003

RECORD DATE:

1012/31/2002

ABN AMRO ACCT: 67-8946-30-2

CASH RECONCILIATION SUMMARY

INTEREST SUMMARY

PRINCIPAL SUMMARY

SERVICING FEE SUMMARY

CURRENT SCHEDULED INTEREST

32,~~111~~806,~~457~~167.3741

SCHEDULED PRINCIPAL:

LESS DEFERRED INTEREST

0.00

CURRENT SCHEDULED PRINCIPAL

~~392~~346,~~915~~888.7071

CURRENT SERVICING FEES

~~110~~99,~~982~~992.7151

LESS PPIS REDUCING SCHEDULED INT

0.00

PLUS FEES ADVANCED FOR PPIS

0.00

ADVANCED SCHEDULED PRINCIPAL

0.00

LESS REDUCTION FOR PPIS

0.00

PLUS GROSS ADVANCE INTEREST

~~796~~852,~~093~~736.1288

SCHEDULED PRINCIPAL

~~392~~346,~~915~~888.7071

LESS ASER INTEREST ADV REDUCTION

0.00

PLUS DELINQUENT SERVICING FEES

2628,~~252~~240.6337

LESS OTHER INTEREST NOT ADVANCED

0.00

UNSCHEDULED PRINCIPAL:

LESS OTHER ADJUSTMENT

0.00

CURTAILMENTS

76170,~~293~~223.0693

TOTAL SERVICING FEES

~~137~~128,~~235~~232.3488

PREPAYMENTS IN FULL

1510,~~212~~346,~~254~~695.1637

TOTAL

3,~~907~~658,~~550~~904.4829

UNSCHEDULED INTEREST:

LIQUIDATION PROCEEDS

0.00

REPURCHASE PROCEEDS

0.00

PREPAYMENT PENALTIES

~~527~~317,~~421~~339.8300

YIELD MAINTENANCE PENALTIES

0.00

OTHER PRINCIPAL PROCEEDS

0.00

OTHER INTEREST PROCEEDS

~~1,616~~0.1300

TOTAL UNSCHEDULED PRINCIPAL

1510,~~288~~516,~~547~~919.2230

TOTAL

~~529~~317,~~037~~339.9600

REMITTANCE PRINCIPAL

1510,~~681~~863,~~462~~808.9201

LESS FEE PAID TO SERVICER

(~~137~~128,~~235~~232.3488)

REMITTANCE P&I DUE TRUST

1914,~~979~~695,~~007~~077.8073

LESS FEE STRIPS PAID BY SERVICER

0.00

REMITTANCE P&I DUE CERTS

1914,~~976~~693,~~812~~026.0301

LESS FEES & EXPENSES PAID BY/TO SERVICER

PPIS SUMMARY

SPECIAL SERVICING FEES

0.00

POOL BALANCE SUMMARY

WORKOUT FEES

0.00

BALANCE

COUNT

GROSS PPIS

0.00

LIQUIDATION FEES

0.00

BEGINNING POOL

~~439~~410,~~153~~345,~~084~~216.9840

6,~~934~~542

REDUCED BY PPIE

0.00

INTEREST DUE SERV ON ADVANCES

0.00

SCHEDULED PRINCIPAL

~~392~~346,~~915~~888.7071

REDUCED BY SHORTFALLS IN FEES

0.00

NON RECOVERABLE ADVANCES

0.00

UNSCHEDULED PRINCIPAL

1510,~~003~~349,~~771~~761.0809

~~207~~147

REDUCED BY OTHER AMOUNTS

0.00

MISC. FEES & EXPENSES

(116,~~808~~740.2369)

DEFERRED INTEREST

0.00

LIQUIDATIONS

~~284~~167,~~776~~158.1421

PPIS REDUCING SCHEDULED INTEREST

0.00

PPIS REDUCING SERVICING FEE

0.00

TOTAL UNSCHEDULED FEES & EXPENSES

(116,~~808~~740.2369)

REPURCHASES

0.00

TOTAL INTEREST DUE TRUST

43,~~297~~831,~~544~~269.8872

ENDING POOL

~~423~~399,~~364~~390,~~338~~477.8518

6,~~723~~393

PPIS DUE CERTIFICATE

0.00

LESS FEES & EXPENSES PAID BY/TO TRUST

ADVANCE SUMMARY (ADVANCE MADE BY SERVICER)

PRINCIPAL

INTEREST

TRUSTEE FEE

(2,~~195~~051.7773)

FEE STRIPS

0.00

PRIOR OUTSTANDING

0.00

1,~~097~~216,~~344~~318.8803

MISC. FEES

0.00

INTEREST RESERVE WITHHOLDING

0.00

PLUS CURRENT PERIOD

0.00

~~796~~852,~~093~~736.1288

PLUS INTEREST RESERVE DEPOSIT

0.00

LESS RECOVERED

0.00

(~~733~~684,~~966~~706.7670)

TOTAL

(2,~~195~~051.7773)

LESS NON RECOVERED

0.00

ENDING OUTSTANDING

0.00

1,~~159~~384,~~471~~348.2420

TOTAL INTEREST DUE CERTS

43,~~295~~829,~~349~~218.1100

11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.

PAGE 4 OF 17

01/27/2003 - 07:00 (H119-H132) 2003 LASALLE BANK N.A.

PAGE 4 OF 14

ABN AMRO

LASALLE BANK

N.A.

MERRILL LYNCH MORTGAGE INVESTORS, INC.

ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1

STATEMENT DATE:

1101/2527/~~2002~~2003

PAYMENT DATE:

1101/2527/~~2002~~2003

PRIOR PAYMENT:

1012/2526/2002

NEXT PAYMENT:

1202/2625/~~2002~~2003

RECORD DATE:

1012/31/2002

ABN AMRO ACCT: 67-8946-30-2

CASH RECONCILIATION SUMMARY LOAN GROUP 1

INTEREST SUMMARY

PRINCIPAL SUMMARY

SERVICING FEE SUMMARY

CURRENT SCHEDULED INTEREST

21,~~082~~870,~~969~~223.6080

SCHEDULED PRINCIPAL:

LESS DEFERRED INTEREST

0.00

CURRENT SCHEDULED PRINCIPAL

~~322~~286,~~610~~926.7941

CURRENT SERVICING FEES

7366,~~464~~093.6090

LESS PPIS REDUCING SCHEDULED INT

0.00

PLUS FEES ADVANCED FOR PPIS

0.00

ADVANCED SCHEDULED PRINCIPAL

0.00

LESS REDUCTION FOR PPIS

0.00

PLUS GROSS ADVANCE INTEREST

~~537~~573,~~012~~819.2494

SCHEDULED PRINCIPAL

~~322~~286,~~610~~926.7941

LESS ASER INTEREST ADV REDUCTION

0.00

PLUS DELINQUENT SERVICING FEES

1718,~~401~~740.50

LESS OTHER INTEREST NOT ADVANCED

0.00

UNSCHEDULED PRINCIPAL:

LESS OTHER ADJUSTMENT

0.00

CURTAILMENTS

7056,~~922~~171.5229

TOTAL SERVICING FEES

9084,~~866~~834.1040

PREPAYMENTS IN FULL

107,~~032~~300,~~794~~159.8733

TOTAL

2,~~619~~444,~~981~~043.8375

UNSCHEDULED INTEREST:

LIQUIDATION PROCEEDS

0.00

REPURCHASE PROCEEDS

0.00

PREPAYMENT PENALTIES

~~359~~250,~~347~~647.4499

YIELD MAINTENANCE PENALTIES

0.00

OTHER PRINCIPAL PROCEEDS

0.00

OTHER INTEREST PROCEEDS

0.00

TOTAL UNSCHEDULED PRINCIPAL

107,~~103~~356,~~717~~330.3962

TOTAL

~~359~~250,~~347~~647.4499

REMITTANCE PRINCIPAL

107,~~426~~643,~~328~~257.1803

LESS FEE PAID TO SERVICER

(9084,~~866~~834.1040)

REMITTANCE P&I DUE TRUST

1310,~~313~~252,~~041~~352.3519

LESS FEE STRIPS PAID BY SERVICER

0.00

REMITTANCE P&I DUE CERTS

1310,~~311~~250,~~587~~994.5084

LESS FEES & EXPENSES PAID BY/TO SERVICER

PPIS SUMMARY

SPECIAL SERVICING FEES

0.00

POOL BALANCE SUMMARY

WORKOUT FEES

0.00

BALANCE

COUNT

GROSS PPIS

0.00

LIQUIDATION FEES

0.00

BEGINNING POOL

~~290~~271,~~771~~470,~~516~~085.1732

5,~~306~~002

REDUCED BY PPIE

0.00

INTEREST DUE SERV ON ADVANCES

0.00

SCHEDULED PRINCIPAL

~~322~~286,~~610~~926.7941

REDUCED BY SHORTFALLS IN FEES

0.00

NON RECOVERABLE ADVANCES

0.00

UNSCHEDULED PRINCIPAL

97,~~859~~189,~~238~~172.5441

~~157~~120

REDUCED BY OTHER AMOUNTS

0.00

MISC. FEES & EXPENSES

(~~1,750~~762.0018)

DEFERRED INTEREST

0.00

LIQUIDATIONS

~~244~~167,~~478~~158.8521

PPIS REDUCING SCHEDULED INTEREST

0.00

PPIS REDUCING SERVICING FEE

0.00

TOTAL UNSCHEDULED FEES & EXPENSES

(~~1,750~~762.0018)

REPURCHASES

0.00

TOTAL INTEREST DUE TRUST

2,~~886~~609,~~713~~095.1716

ENDING POOL

~~280~~263,~~241~~735,~~453~~897.2008

54,~~146~~880

PPIS DUE CERTIFICATE

0.00

LESS FEES & EXPENSES PAID BY/TO TRUST

ADVANCE SUMMARY (ADVANCE MADE BY SERVICER)

PRINCIPAL

INTEREST

TRUSTEE FEE

(1,~~453~~357.8635)

FEE STRIPS

0.00

PRIOR OUTSTANDING

0.00

~~596~~654,~~491~~274.6145

MISC. FEES

0.00

INTEREST RESERVE WITHHOLDING

0.00

PLUS CURRENT PERIOD

0.00

~~537~~573,~~012~~819.2494

PLUS INTEREST RESERVE DEPOSIT

0.00

LESS RECOVERED

0.00

(~~503~~457,~~225~~182.5332)

TOTAL

(1,~~453~~357.8635)

LESS NON RECOVERED

0.00

ENDING OUTSTANDING

0.00

~~630~~770,~~278~~912.3208

TOTAL INTEREST DUE CERTS

2,~~885~~607,~~259~~737.3281

11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.

PAGE 5 OF 17

01/27/2003 - 07:00 (H119-H132) 2003 LASALLE BANK N.A.

PAGE 5 OF 14

ABN AMRO

LASALLE BANK

N.A.

MERRILL LYNCH MORTGAGE INVESTORS, INC.

ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1

STATEMENT DATE:

1101/2527/~~2002~~2003

PAYMENT DATE:

1101/2527/~~2002~~2003

PRIOR PAYMENT:

1012/2526/2002

NEXT PAYMENT:

1202/2625/~~2002~~2003

RECORD DATE:

1012/31/2002

ABN AMRO ACCT: 67-8946-30-2

CASH RECONCILIATION SUMMARY LOAN GROUP 2

INTEREST SUMMARY

PRINCIPAL SUMMARY

SERVICING FEE SUMMARY

CURRENT SCHEDULED INTEREST

1935,~~028,487~~943.7761

SCHEDULED PRINCIPAL:

LESS DEFERRED INTEREST

0.00

CURRENT SCHEDULED PRINCIPAL

7059,~~304~~962.9130

CURRENT SERVICING FEES

3733,~~518~~898.1161

LESS PPIS REDUCING SCHEDULED INT

0.00

PLUS FEES ADVANCED FOR PPIS

0.00

ADVANCED SCHEDULED PRINCIPAL

0.00

LESS REDUCTION FOR PPIS

0.00

PLUS GROSS ADVANCE INTEREST

~~259~~278,~~080~~916.8894

SCHEDULED PRINCIPAL

7059,~~304~~962.9130

LESS ASER INTEREST ADV REDUCTION

0.00

PLUS DELINQUENT SERVICING FEES

89,~~851~~499.1387

LESS OTHER INTEREST NOT ADVANCED

0.00

UNSCHEDULED PRINCIPAL:

LESS OTHER ADJUSTMENT

0.00

CURTAILMENTS

5114,~~370~~052.5464

TOTAL SERVICING FEES

4643,~~369~~398.2448

PREPAYMENTS IN FULL

53,~~179~~046,~~459~~536.2904

TOTAL

1,~~287~~214,~~568~~860.6555

UNSCHEDULED INTEREST:

LIQUIDATION PROCEEDS

0.00

REPURCHASE PROCEEDS

0.00

PREPAYMENT PENALTIES

~~168~~66,~~074~~691.3901

YIELD MAINTENANCE PENALTIES

0.00

OTHER PRINCIPAL PROCEEDS

0.00

OTHER INTEREST PROCEEDS

~~1,616~~0.1300

TOTAL UNSCHEDULED PRINCIPAL

53,~~184~~160,~~829~~588.8368

TOTAL

~~169~~66,~~690~~691.5201

REMITTANCE PRINCIPAL

53,~~255~~220,~~134~~550.7498

LESS FEE PAID TO SERVICER

(4643,~~369~~398.2448)

REMITTANCE P&I DUE TRUST

64,~~665~~442,~~966~~725.4455

LESS FEE STRIPS PAID BY SERVICER

0.00

REMITTANCE P&I DUE CERTS

64,~~665~~442,~~224~~031.5317

LESS FEES & EXPENSES PAID BY/TO SERVICER

PPIS SUMMARY

SPECIAL SERVICING FEES

0.00

POOL BALANCE SUMMARY

WORKOUT FEES

0.00

BALANCE

COUNT

GROSS PPIS

0.00

LIQUIDATION FEES

0.00

BEGINNING POOL

~~148~~138,~~381~~875,~~568~~131.8108

1,~~628~~540

REDUCED BY PPIE

0.00

INTEREST DUE SERV ON ADVANCES

0.00

SCHEDULED PRINCIPAL

7059,~~304~~962.9130

REDUCED BY SHORTFALLS IN FEES

0.00

NON RECOVERABLE ADVANCES

0.00

UNSCHEDULED PRINCIPAL

53,~~144~~160,~~532~~588.5468

5027

REDUCED BY OTHER AMOUNTS

0.00

MISC. FEES & EXPENSES

(5815,978.2351)

DEFERRED INTEREST

0.00

LIQUIDATIONS

~~40,297~~0.2900

PPIS REDUCING SCHEDULED INTEREST

0.00

PPIS REDUCING SERVICING FEE

0.00

TOTAL UNSCHEDULED FEES & EXPENSES

(5815,978.2351)

REPURCHASES

0.00

TOTAL INTEREST DUE TRUST

1,~~410~~222,~~831~~174.7057

ENDING POOL

~~143~~135,~~122~~654,~~885~~580.6510

1,~~577~~513

PPIS DUE CERTIFICATE

0.00

LESS FEES & EXPENSES PAID BY/TO TRUST

ADVANCE SUMMARY (ADVANCE MADE BY SERVICER)

PRINCIPAL

INTEREST

TRUSTEE FEE

(~~741~~694.9138)

FEE STRIPS

0.00

PRIOR OUTSTANDING

0.00

~~557~~618,~~001~~191.4980

MISC. FEES

0.00

INTEREST RESERVE WITHHOLDING

0.00

PLUS CURRENT PERIOD

0.00

~~259~~278,~~080~~916.8894

PLUS INTEREST RESERVE DEPOSIT

0.00

LESS RECOVERED

0.00

(~~230~~227,~~741~~524.2339)

TOTAL

(~~741~~694.9138)

LESS NON RECOVERED

0.00

ENDING OUTSTANDING

0.00

~~585~~669,~~341~~584.1434

TOTAL INTEREST DUE CERTS

1,~~410~~221,~~089~~480.7919

11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.

PAGE 6 OF 17

01/27/2003 - 07:00 (H119-H132) 2003 LASALLE BANK N.A.

PAGE 6 OF 14

	ABN AMRO
	LASALLE BANK		N.A.
					MERRILL LYNCH MORTGAGE INVESTORS, INC.
																	ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1																																												STATEMENT DATE:				1101/2527/~~2002~~2003
																																																													PAYMENT DATE:				1101/2527/~~2002~~2003
																																																										PRIOR PAYMENT:								1012/2526/2002
																																																										NEXT PAYMENT:									1202/2625/~~2002~~2003
																																																										RECORD DATE:										1012/31/2002
																	ABN AMRO ACCT: 67-8946-30-2
																	BOND INTEREST RECONCILIATION
																							DEDUCTIONS																		ADDITIONS
																																																											REMAINING
								ACCRUAL						PASS						ACCRUED
DEFERRED &
						PRIOR						INT ACCRUAL				PREPAY-					OTHER		DISTRIBUTABLE					INTEREST				CURRENT PERIOD				OUTSTANDING
																																																															CREDIT SUPPORT
															THRU							CERTIFICATE					ALLOCABLE				ACCRETION				INTEREST			INT. SHORT-					ON PRIOR		MENT					INTEREST		CERTIFICATE			PAYMENT		(SHORTFALL)/			INTEREST
			CLASS			METHOD DAYS										RATE					INTEREST					PPIS				INTEREST				LOSS/EXP						FALLS DUE			SHORTFALL (3)			PENALTIES	PROCEEDS (1)
INTEREST (2)
				AMOUNT					RECOVERY				SHORTFALLS			ORIGINAL						CURRENT(4)
		AF-1					ACT/360			3132	21.~~060000000~~650000000%								~~137~~85,~~489~~304.4087						0.00				0.00				0.00						0.00			0.00			0.00			0.00			~~137~~85,~~489~~304.4087			~~137~~85,~~489~~304.4087		0.00				0.00				NA					NA
		AF-2					30/360			30	5.220000000%								356,700.00						0.00				0.00				0.00						0.00			0.00			0.00			0.00			356,700.00			356,700.00		0.00				0.00				NA					NA
		AF-3					30/360			30	6.550000000%								246,405.54						0.00				0.00				0.00						0.00			0.00			0.00			0.00			246,405.54			246,405.54		0.00				0.00				NA					NA
		AF-IO					30/360			30	6.700000000%								337,233.33						0.00				0.00				0.00						0.00			0.00			0.00			0.00			337,233.33			337,233.33		0.00				0.00				NA					NA
		MF-1					30/360			30	6.580000000%								140,450.10						0.00				0.00				0.00						0.00			0.00			0.00			0.00			140,450.10			140,450.10		0.00				0.00				NA					NA
		MF-2					30/360			30	7.320000000%								121,524.20						0.00				0.00				0.00						0.00			0.00			0.00			0.00			121,524.20			121,524.20		0.00				0.00				NA					NA
		BF-1					30/360			30	7.920000000%								137,748.60						0.00				0.00				0.00						0.00			0.00			0.00			0.00			137,748.60			137,748.60		0.00				0.00				NA					NA
		AV-1					ACT/360			3132	21.~~200000000~~790000000%								~~188~~143,~~456~~144.8824						0.00				0.00				0.00						0.00			0.00			0.00			0.00			~~188~~143,~~456~~144.8824			~~188~~143,~~456~~144.8824		0.00				0.00				NA					NA
		AV-IO					30/360			30	5.000000000%								120,000.00						0.00				0.00				0.00						0.00			0.00			0.00			0.00			120,000.00			120,000.00		0.00				0.00				NA					NA
		MV-1					ACT/360			3132	2.~~830000000~~420000000%								3329,~~373~~459.9547						0.00				0.00				0.00						0.00			0.00			0.00			0.00			3329,~~373~~459.9547			3329,~~373~~459.9547		0.00				0.00				NA					NA
		MV-2					ACT/360			3132	3.~~630000000~~220000000%								4440,~~336~~597.8276						0.00				0.00				0.00						0.00			0.00			0.00			0.00			4440,~~336~~597.8276			4440,~~336~~597.8276		0.00				0.00				NA					NA
		BV-1					ACT/360			3132	43.~~130000000~~720000000%								3330,~~049~~728.5285						0.00				0.00				0.00						0.00			0.00			0.00			0.00			3330,~~049~~728.5285			3330,~~049~~728.5285		0.00				0.00				NA					NA
		C					30/360			30	6.~~554158693~~013900590%								2,~~398~~056,~~565~~479.8445						0.00				0.00				0.00						3,~~252~~513,~~039~~144.0753			0.00			0.00			0.00			5,~~650~~569,~~604~~623.9198			21,~~240~~948,~~498~~989.3382		(~~158~~107,~~067~~489.5163)				3,~~410~~620,~~106~~634.5816				NA					NA
																		4,295,334.18						0.00				0.00					0.00				3,252,039.07					0.00		0.00					0.00		7,547,373.25		4,137,266.67			(158,067.51)				3,410,106.58
																		3,845,776.41						0.00				0.00					0.00				3,513,144.53					0.00		0.00					0.00		7,358,920.94		3,738,286.78			(107,489.63)				3,620,634.16
	(1) OTHER INTEREST PROCEEDS ARE ADDITIONAL INTEREST AMOUNTS SPECIFICALLY ALLOCATED TO THE BOND(S) AND USED IN DETERMINING THE BONDS DISTRIBUTABLE INTEREST.
	(2) ACCRUED - DEDUCTIONS + ADDITIONS INTEREST
	(3) WHERE APPLICABLE.
	(4) 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 7 OF 17
																																																														PAGE 7 OF 14
	11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.
	01/27/2003 - 07:00 (H119-H132) 2003 LASALLE BANK N.A.

ABN AMRO

LASALLE BANK

N.A.

MERRILL LYNCH MORTGAGE INVESTORS, INC.

ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1

STATEMENT DATE:

1101/2527/~~2002~~2003

PAYMENT DATE:

1101/2527/~~2002~~2003

PRIOR PAYMENT:

1012/2526/2002

NEXT PAYMENT:

1202/2625/~~2002~~2003

RECORD DATE:

1012/31/2002

ABN AMRO ACCT: 67-8946-30-2

OTHER RELATED INFORMATION

GROUP 1 TRIGGER EVENTS

NOT OCCURING

CUMULATIVE REALIZED LOSSES TEST

SATISFIED

CURRENT DELINQUENCY TEST

SATISFIED

GROUP 2 TRIGGER EVENTS

NOT OCCURING

CUMULATIVE REALIZED LOSSES TEST

SATISFIED

CURRENT DELINQUENCY TEST

SATISFIED

BASIS RISK RESERVE FUND BEGINNING BALANCE

$5,000.00

DEPOSITS TO BASIS RISK RESERVE FUND

0.00

WITHDRAWL TO BASIS RISK RESERVE FUND

0.00

BASIS RISK RESERVE FUND ENDING BALANCE

$5,000.00

NET MONTHLY EXCESS CASHFLOW

$2,~~398~~039,~~580~~921.7603

CLASS M-1 INT CARRY FORWARD AMT - FUNDED BY NET MONTHLY EXCESS CF

0.00

CLASS M-2 INT CARRY FORWARD AMT. - FUNDED BY NET MONTHLY EXCESS CF

0.00

CLASS B-1 INT CARRY FORWARD AMT. - FUNDED BY NET MONTHLY EXCESS CF

0.00

CLASS M-1 REALIZED LOSS AMORT. AMT. - FUNDED BY NET MONTHLY EXCESS CF

0.00

CLASS M-2 REALIZED LOSS AMORT. AMT. - FUNDED BY NET MONTHLY EXCESS CF

0.00

CLASS B-1 REALIZED LOSS AMORT. AMT. - FUNDED BY NET MONTHLY EXCESS CF

0.00

CUMMULATIVE LOSS PERCENTAGE

0.00 %

RESULTS OF SERVICER PERFORMANCE EVALUATION, IF ANY

NONE

11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.

PAGE 8 OF 17

01/27/2003 - 07:00 (H119-H132) 2003 LASALLE BANK N.A.

PAGE 8 OF 14

		ABN AMRO
		LASALLE BANK		N.A.
		MERRILL LYNCH MORTGAGE INVESTORS, INC.
																																										STATEMENT DATE:					1101/2527/~~2002~~2003
												ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1																														PAYMENT DATE:					1101/2527/~~2002~~2003
																																										PRIOR PAYMENT:						1012/2526/2002
																																										NEXT PAYMENT:							1202/2625/~~2002~~2003
																																										RECORD DATE:								1012/31/2002
												ABN AMRO ACCT: 67-8946-30-2
												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
					1/27/03		476		27,208,491						96	4,618,215				247	12,373,004			705	45,226,673				46	3,250,274		0			0			0	0					177		10,813,115
						7.45%				6.81%			1.50%				1.16%			3.86%		3.10%	11.03%			11.32%	0.72%				0.81%		0.00%			0.00%		0.00%			0.00%				2.77%						2.71%
					12/26/02		430		24,504,352						82	4,591,511				139	5,588,545			709	45,500,054				46	3,250,274		0			0			0	0					156		9,501,693
						6.57%				5.97%			1.25%				1.12%			2.12%		1.36%	10.84%			11.09%	0.70%				0.79%		0.00%			0.00%		0.00%			0.00%				2.38%						2.32%
					11/25/02		472		28,049,156						95	5,412,508				270	14,547,976			512	33,310,436				36	2,676,665		0			0			0	0					144		8,785,478
						7.02%				6.63%			1.41%				1.28%			4.02%		3.44%	7.62%			7.87%	0.54%				0.63%		0.00%			0.00%		0.00%			0.00%				2.14%						2.08%
					10/25/02		502		30,957,029						99	5,206,503				234	13,070,577			496	32,115,901				21	1,400,771		0			0			0	0					123		7,812,394
						7.24%				7.05%			1.43%				1.19%			3.37%		2.98%	7.15%			7.31%	0.30%				0.32%		0.00%			0.00%		0.00%			0.00%				1.77%						1.78%
					9/25/02		493		30,543,993						80	4,616,477				216	11,815,852			442	27,945,379				14	998,355		0			0			0	0					112		6,533,245
						6.91%				6.73%			1.12%				1.02%			3.03%		2.60%	6.19%			6.16%	0.20%				0.22%		0.00%			0.00%		0.00%			0.00%				1.57%						1.44%
					8/26/02		498		29,417,337						70	4,237,154				587	36,312,779			407	26,033,739				8	561,531		0			0			0	0					94		5,476,587
						6.77%				6.29%			0.95%				0.91%			7.98%		7.76%	5.54%			5.57%	0.11%				0.12%		0.00%			0.00%		0.00%			0.00%				1.28%						1.17%
					7/25/02		443		27,349,802						90	5,725,890				526	31,749,511			362	22,883,248				5	365,769		0			0			0	0					86		4,878,374
						5.84%				5.65%			1.19%				1.18%			6.93%		6.56%	4.77%			4.73%	0.07%				0.08%		0.00%			0.00%		0.00%			0.00%				1.13%						1.01%
					6/25/02		437		26,458,128						80	4,166,324				439	45,885,678			319	0				3	116,625		0			0			0	0					65		3,957,250
						5.62%				5.32%			1.03%				0.84%			5.65%		9.23%	4.11%			0.00%	0.04%				0.02%		0.00%			0.00%		0.00%			0.00%				0.84%						0.80%
					5/28/02		477		27,421,745						73	4,334,749				359	21,440,213			252	15,116,634				2	76,690		0			0			0	0					56		3,520,795
						5.98%				5.34%			0.92%				0.84%			4.50%		4.18%	3.16%			2.95%	0.03%				0.01%		0.00%			0.00%		0.00%			0.00%				0.70%						0.69%
					4/25/02		439		26,360,023						78	4,830,785				483	31,083,171			194	12,141,742				2	76,690		0			0			0	0					42		2,702,315
						5.36%				4.97%			0.95%				0.91%			5.90%		5.86%	2.37%			2.29%	0.02%				0.01%		0.00%			0.00%		0.00%			0.00%				0.51%						0.51%
					3/25/02		455		26,688,403						83	4,799,317				390	25,983,120			163	9,168,187				0	0		0			0			0	0					21		1,145,361
						5.42%				4.89%			0.99%				0.88%			4.64%		4.76%	1.94%			1.68%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.25%						0.21%
					2/25/02		518		29,035,724						80	4,036,534				94	5,417,971			66	3,750,212				0	0		0			0			0	0					20		1,140,628
						6.03%				5.17%			0.93%				0.72%			1.09%		0.96%	0.77%			0.67%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.23%						0.20%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.																																							PAGE 9 OF 17
				01/27/2003 - 07:00 (H119-H132) 2003 LASALLE BANK N.A.																																							PAGE 9 OF 14

		ABN AMRO
		LASALLE BANK		N.A.
		MERRILL LYNCH MORTGAGE INVESTORS, INC.
																																										STATEMENT DATE:					1101/2527/~~2002~~2003
												ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1																														PAYMENT DATE:					1101/2527/~~2002~~2003
																																										PRIOR PAYMENT:						1012/2526/2002
																																										NEXT PAYMENT:							1202/2625/~~2002~~2003
																																										RECORD DATE:								1012/31/2002
												ABN AMRO ACCT: 67-8946-30-2
												ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY
																				LOAN GROUP 1
											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
					1/27/03		379		20,316,162						87	4,136,960				194	8,514,464			474	26,616,050				28	1,566,259		0			0			0	0					131		7,146,969
						7.77%				7.70%			1.78%				1.57%			3.98%		3.23%	9.71%			10.09%	0.57%				0.59%		0.00%			0.00%		0.00%			0.00%				2.68%						2.71%
					12/26/02		347		18,265,695						71	3,694,607				117	4,156,767			480	27,026,848				28	1,566,259		0			0			0	0					119		6,563,826
						6.94%				6.73%			1.42%				1.36%			2.34%		1.53%	9.60%			9.96%	0.56%				0.58%		0.00%			0.00%		0.00%			0.00%				2.38%						2.42%
					11/25/02		378		20,855,355						76	4,001,827				218	10,523,532			341	19,058,132				22	1,237,427		0			0			0	0					109		6,077,979
						7.35%				7.44%			1.48%				1.43%			4.24%		3.76%	6.63%			6.80%	0.43%				0.44%		0.00%			0.00%		0.00%			0.00%				2.12%						2.17%
					10/25/02		399		22,131,407						85	4,177,399				188	9,357,503			328	18,346,608				16	927,872		0			0			0	0					92		5,179,307
						7.52%				7.61%			1.60%				1.44%			3.54%		3.22%	6.18%			6.31%	0.30%				0.32%		0.00%			0.00%		0.00%			0.00%				1.73%						1.78%
					9/25/02		402		23,105,918						67	3,455,367				169	8,004,785			298	16,655,060				12	685,069		0			0			0	0					82		4,276,897
						7.35%				7.68%			1.23%				1.15%			3.09%		2.66%	5.45%			5.53%	0.22%				0.23%		0.00%			0.00%		0.00%			0.00%				1.50%						1.42%
					8/26/02		397		21,341,580						56	3,216,255				424	23,251,445			278	15,663,591				8	450,339		0			0			0	0					68		3,739,477
						7.05%				6.88%			0.99%				1.04%			7.52%		7.49%	4.93%			5.05%	0.14%				0.15%		0.00%			0.00%		0.00%			0.00%				1.21%						1.21%
					7/25/02		354		19,702,668						77	4,508,879				387	20,785,783			252	14,221,717				4	254,578		0			0			0	0					66		3,546,456
						6.09%				6.15%			1.32%				1.41%			6.66%		6.48%	4.34%			4.44%	0.07%				0.08%		0.00%			0.00%		0.00%			0.00%				1.14%						1.11%
					6/25/02		365		20,109,979						72	3,509,710				329	17,662,647			224	12,102,853				3	116,625		0			0			0	0					55		3,345,567
						6.14%				6.11%			1.21%				1.07%			5.53%		5.37%	3.77%			3.68%	0.05%				0.04%		0.00%			0.00%		0.00%			0.00%				0.93%						1.02%
					5/28/02		400		21,230,880						62	3,272,763				270	14,400,344			177	9,435,765				2	76,690		0			0			0	0					48		2,977,608
						6.56%				6.27%			1.02%				0.97%			4.43%		4.25%	2.90%			2.79%	0.03%				0.02%		0.00%			0.00%		0.00%			0.00%				0.79%						0.88%
					4/25/02		367		19,824,064						65	3,612,533				370	20,618,137			137	7,621,110				2	76,690		0			0			0	0					35		2,179,822
						5.86%				5.67%			1.04%				1.03%			5.91%		5.90%	2.19%			2.18%	0.03%				0.02%		0.00%			0.00%		0.00%			0.00%				0.56%						0.62%
					3/25/02		381		20,588,053						77	4,031,234				305	17,716,395			125	6,630,804				0	0		0			0			0	0					17		821,617
						5.93%				5.72%			1.20%				1.12%			4.75%		4.93%	1.95%			1.84%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.26%						0.23%
					2/25/02		432		23,013,588						70	3,065,689				89	5,041,506			66	3,750,212				0	0		0			0			0	0					16		816,768
						6.57%				6.23%			1.07%				0.83%			1.35%		1.36%	1.00%			1.01%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.24%						0.22%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.																																							PAGE 10 OF 17
				01/27/2003 - 07:00 (H119-H132) 2003 LASALLE BANK N.A.																																							PAGE 10 OF 14

		ABN AMRO
		LASALLE BANK		N.A.
		MERRILL LYNCH MORTGAGE INVESTORS, INC.
																																										STATEMENT DATE:					1101/2527/~~2002~~2003
												ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1																														PAYMENT DATE:					1101/2527/~~2002~~2003
																																										PRIOR PAYMENT:						1012/2526/2002
																																										NEXT PAYMENT:							1202/2625/~~2002~~2003
																																										RECORD DATE:								1012/31/2002
												ABN AMRO ACCT: 67-8946-30-2
												ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL LOAN STATUS SUMMARY
																				LOAN GROUP 2
											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
					1/27/03		97		6,892,329						9	481,255				53	3,858,540			231	18,610,623				18	1,684,015		0			0			0	0					46		3,666,146
						6.41%				5.08%			0.59%				0.35%			3.50%		2.84%	15.27%			13.72%	1.19%				1.24%		0.00%			0.00%		0.00%			0.00%				3.04%						2.70%
					12/26/02		83		6,238,657						11	896,905				22	1,431,778			229	18,473,205				18	1,684,015		0			0			0	0					37		2,937,867
						5.39%				4.49%			0.71%				0.65%			1.43%		1.03%	14.87%			13.30%	1.17%				1.21%		0.00%			0.00%		0.00%			0.00%				2.40%						2.12%
					11/25/02		94		7,193,800						19	1,410,681				52	4,024,443			171	14,252,304				14	1,439,238		0			0			0	0					35		2,707,499
						5.96%				5.03%			1.20%				0.99%			3.30%		2.81%	10.84%			9.96%	0.89%				1.01%		0.00%			0.00%		0.00%			0.00%				2.22%						1.89%
					10/25/02		103		8,825,622						14	1,029,105				46	3,713,074			168	13,769,293				5	472,898		0			0			0	0					31		2,633,087
						6.33%				5.95%			0.86%				0.69%			2.83%		2.50%	10.32%			9.28%	0.31%				0.32%		0.00%			0.00%		0.00%			0.00%				1.90%						1.77%
					9/25/02		91		7,438,075						13	1,161,110				47	3,811,067			144	11,290,319				2	313,286		0			0			0	0					30		2,256,348
						5.45%				4.86%			0.78%				0.76%			2.81%		2.49%	8.62%			7.38%	0.12%				0.20%		0.00%			0.00%		0.00%			0.00%				1.80%						1.48%
					8/26/02		97		8,075,757						14	1,020,899				163	13,061,334			129	10,370,149				1	111,191		0			0			0	0					26		1,737,110
						5.65%				5.13%			0.82%				0.65%			9.49%		8.30%	7.51%			6.59%	0.06%				0.07%		0.00%			0.00%		0.00%			0.00%				1.51%						1.10%
					7/25/02		89		7,647,134						13	1,217,010				139	10,963,728			110	8,661,531				1	111,191		0			0			0	0					20		1,331,917
						5.01%				4.69%			0.73%				0.75%			7.83%		6.72%	6.19%			5.31%	0.06%				0.07%		0.00%			0.00%		0.00%			0.00%				1.13%						0.82%
					6/25/02		72		6,348,149						8	656,614				110	8,712,712			95	7,407,467				0	0		0			0			0	0					10		611,683
						3.95%				3.77%			0.44%				0.39%			6.03%		5.18%	5.21%			4.40%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.55%						0.36%
					5/28/02		77		6,190,865						11	1,061,986				89	7,036,868			75	5,680,869				0	0		0			0			0	0					8		543,187
						4.11%				3.55%			0.59%				0.61%			4.75%		4.03%	4.00%			3.25%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.43%						0.31%
					4/25/02		72		6,535,960						13	1,218,252				113	10,465,033			57	4,520,632				0	0		0			0			0	0					7		522,494
						3.73%				3.62%			0.67%				0.67%			5.85%		5.79%	2.95%			2.50%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.36%						0.29%
					3/25/02		74		6,100,350						6	768,083				85	8,266,724			38	2,537,383				0	0		0			0			0	0					4		323,744
						3.74%				3.28%			0.30%				0.41%			4.30%		4.45%	1.92%			1.37%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.20%						0.17%
					2/25/02		86		6,022,136						10	970,845				5	376,465			0	0				0	0		0			0			0	0					4		323,860
						4.25%				3.14%			0.49%				0.51%			0.25%		0.20%	0.00%			0.00%	0.00%				0.00%		0.00%			0.00%		0.00%			0.00%				0.20%						0.17%
			(1) NOTE: MODIFICATION, SPECIALLY SERVICED & BANKRUPTCY TOTALS ARE INCLUDED IN THE APPROPRIATE DELINQUENCY AGING CATEGORY
				11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.																																							PAGE 11 OF 17
				01/27/2003 - 07:00 (H119-H132) 2003 LASALLE BANK N.A.																																							PAGE 11 OF 14

	ABN AMRO
	LASALLE BANK		N.A.
	MERRILL LYNCH MORTGAGE INVESTORS, INC.
	ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1																																			STATEMENT DATE:				1101/2527/~~2002~~2003
																																										PAYMENT DATE:				1101/2527/~~2002~~2003
																																										PRIOR PAYMENT:					1012/2526/2002
																																										NEXT PAYMENT:						1202/2625/~~2002~~2003
																																										RECORD DATE:							1012/31/2002
											ABN AMRO ACCT: 67-8946-30-2
											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
				1/27/03		6,393			399,390,477				147		10,346,695				85	317,339			0	0			5			167,158			5		90,931					258		281		10.70%					10.32%
					73.05%					69.83%		2.25%				2.52%						0.00%			0.00%			0.08%			0.04%			0.08%				0.02%
				12/26/02		6,542			410,345,216				179		12,363,998				125	419,318			0	0			5			143,598			5		86,872					260		281		10.67%					10.29%
					74.76%					71.74%		2.66%				2.92%						0.00%			0.00%			0.07%			0.03%			0.07%				0.02%
				11/25/02		6,723			423,364,339				207		14,927,478				139	527,422			0	0			4			284,776			4		107,283					258		282		10.68%					10.30%
					76.83%					74.02%		2.99%				3.40%						0.00%			0.00%			0.06%			0.06%			0.06%				0.02%
				10/25/02		6,934			439,153,085				199		13,059,165				133	432,620			0	0			3			89,602			3		50,799					261		283		10.69%					10.30%
					79.24%					76.78%		2.79%				2.88%						0.00%			0.00%			0.04%			0.02%			0.04%				0.01%
				9/25/02		7,137			453,837,098				215		13,294,723				140	453,713			0	0			0			0			7		132,025					258		284		10.69%					10.31%
					81.56%					79.35%		2.92%				2.84%						0.00%			0.00%			0.00%			0.00%			0.10%				0.03%
				8/26/02		7,352			467,705,289				237		15,481,314				144	429,102			0	0			0			0			6		92,680					260		284		10.69%					10.31%
					84.01%					81.77%		3.12%				3.20%						0.00%			0.00%			0.00%			0.00%			0.08%				0.02%
				7/25/02		7,589			483,720,342				181		13,143,132				0	0			0	0			0			0			2		25,957					261		285		11.63%					11.25%
					86.72%					84.57%		2.33%				2.64%						0.00%			0.00%			0.00%			0.00%			0.03%				0.01%
				6/25/02		7,770			497,382,276				205		14,374,346				0	0			0	0			0			0			0		0					262		286		11.62%					11.24%
					88.79%					86.96%		2.57%				2.80%						0.00%			0.00%			0.00%			0.00%			0.00%				0.00%
				5/28/02		7,974			513,155,837				217		15,842,023				0	0			0	0			0			0			1		24,685					265		287		11.73%					11.35%
					91.12%					89.72%		2.65%				2.99%						0.00%			0.00%			0.00%			0.00%			0.01%				0.00%
				4/25/02		8,192			530,078,191				207		14,586,230				0	0			0	0			3			144,564			3		2,226					267		288		11.84%					11.45%
					93.61%					92.68%		2.46%				2.67%						0.00%			0.00%			0.04%			0.03%			0.04%				0.00%
				3/25/02		8,402			545,464,333				192		15,227,117				0	0			0	0			0			0			0		0					261		289		11.66%					11.28%
					96.01%					95.37%		2.23%				2.71%						0.00%			0.00%			0.00%			0.00%			0.00%				0.00%
				2/25/02		8,594			561,479,252				153		9,664,350				0	0			0	0			0			0			0		0					280		290		16.15%					15.77%
					98.21%					98.17%		1.75%				1.69%						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 17
																																											PAGE 12 OF 14
			11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.
			01/27/2003 - 07:00 (H119-H132) 2003 LASALLE BANK N.A.

	ABN AMRO
	LASALLE BANK		N.A.
	MERRILL LYNCH MORTGAGE INVESTORS, INC.
	ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1																																				STATEMENT DATE:				1101/2527/~~2002~~2003
																																											PAYMENT DATE:				1101/2527/~~2002~~2003
																																											PRIOR PAYMENT:					1012/2526/2002
																																											NEXT PAYMENT:						1202/2625/~~2002~~2003
																																											RECORD DATE:							1012/31/2002
											ABN AMRO ACCT: 67-8946-30-2
											ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL PAYOFF/LOSS SUMMARY
																	LOAN GROUP 1
							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
				1/27/03		4,880			263,735,897				120		7,300,159					72	250,648			0	0			5			167,158			5		90,931					216		247		10.80%					10.42%
					55.77%					46.11%		2.40%				2.69%							0.00%			0.00%			0.10%			0.06%			0.10%				0.03%
				12/26/02		5,002			271,470,085				143		8,189,924					102	297,726			0	0			4			140,864			4		86,872					220		247		10.81%					10.42%
					57.16%					47.46%		2.78%				2.92%							0.00%			0.00%			0.08%			0.05%			0.08%				0.03%
				11/25/02		5,146			280,241,453				157		9,788,316					108	359,347			0	0			3			244,479			3		103,735					216		248		10.81%					10.43%
					58.80%					49.00%		2.96%				3.37%							0.00%			0.00%			0.06%			0.08%			0.06%				0.04%
				10/25/02		5,306			290,771,516				158		9,032,635					109	339,687			0	0			2			83,181			2		43,491					219		249		10.82%					10.44%
					60.63%					50.84%		2.89%				3.00%							0.00%			0.00%			0.04%			0.03%			0.04%				0.01%
				9/25/02		5,467			300,921,933				168		8,855,557					109	295,614			0	0			0			0			7		132,025					216		250		10.82%					10.44%
					62.47%					52.61%		2.98%				2.85%							0.00%			0.00%			0.00%			0.00%			0.12%				0.04%
				8/26/02		5,635			310,299,592				178		9,855,906					109	307,111			0	0			0			0			4		89,891					218		250		10.82%					10.44%
					64.39%					54.25%		3.06%				3.07%							0.00%			0.00%			0.00%			0.00%			0.07%				0.03%
				7/25/02		5,813			320,604,231				132		8,077,374					0	0			0	0			0			0			2		25,957					218		251		11.73%					11.35%
					66.43%					56.05%		2.22%				2.45%							0.00%			0.00%			0.00%			0.00%			0.03%				0.01%
				6/25/02		5,945			329,122,678				154		8,932,017					0	0			0	0			0			0			0		0					219		252		11.81%					11.43%
					67.94%					57.54%		2.53%				2.64%							0.00%			0.00%			0.00%			0.00%			0.00%				0.00%
				5/28/02		6,099			338,624,162				160		9,923,977					0	0			0	0			0			0			1		24,685					223		252		11.85%					11.46%
					69.69%					59.20%		2.56%				2.84%							0.00%			0.00%			0.00%			0.00%			0.02%				0.01%
				4/25/02		6,260			349,346,013				163		9,704,120					0	0			0	0			2			81,959			2		1,309					225		253		11.99%					11.60%
					71.53%					61.08%		2.54%				2.70%							0.00%			0.00%			0.03%			0.02%			0.03%				0.00%
				3/25/02		6,425			359,693,700				146		9,381,447					0	0			0	0			0			0			0		0					216		254		11.91%					11.53%
					73.42%					62.89%		2.22%				2.54%							0.00%			0.00%			0.00%			0.00%			0.00%				0.00%
				2/25/02		6,571			369,684,897				119		6,095,165					0	0			0	0			0			0			0		0					244		254		13.63%					13.25%
					75.09%					64.63%		1.78%				1.62%							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 13 OF 17
																																												PAGE 13 OF 14
			11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.
			01/27/2003 - 07:00 (H119-H132) 2003 LASALLE BANK N.A.

	ABN AMRO
	LASALLE BANK		N.A.
	MERRILL LYNCH MORTGAGE INVESTORS, INC.
	ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1																																				STATEMENT DATE:				1101/2527/~~2002~~2003
																																											PAYMENT DATE:				1101/2527/~~2002~~2003
																																											PRIOR PAYMENT:					1012/2526/2002
																																											NEXT PAYMENT:						1202/2625/~~2002~~2003
																																											RECORD DATE:							1012/31/2002
											ABN AMRO ACCT: 67-8946-30-2
											ASSET-BACKED FACTS ~ 15 MONTH HISTORICAL PAYOFF/LOSS SUMMARY
																	LOAN GROUP 2
							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
				1/27/03		1,513			135,654,580				27		3,046,536					13	66,691			0	0			0			0			0		0					338		347		10.50%					10.12%
					17.29%					23.72%		1.75%				2.19%							0.00%			0.00%			0.00%			0.00%			0.00%				0.00%
				12/26/02		1,540			138,875,131				36		4,174,074					23	121,592			0	0			1			2,734			1		2,734					339		348		10.41%					10.03%
					17.60%					24.28%		2.28%				2.92%							0.00%			0.00%			0.06%			0.00%			0.06%				0.00%
				11/25/02		1,577			143,122,886				50		5,139,162					31	168,074			0	0			1			40,297			1		3,548					340		349		10.41%					10.03%
					18.02%					25.02%		3.07%				3.46%							0.00%			0.00%			0.06%			0.03%			0.06%				0.00%
				10/25/02		1,628			148,381,569				41		4,026,530					24	92,933			0	0			1			6,422			1		7,308					341		350		10.41%					10.03%
					18.60%					25.94%		2.46%				2.63%							0.00%			0.00%			0.06%			0.00%			0.06%				0.00%
				9/25/02		1,670			152,915,165				47		4,409,166					31	158,099			0	0			0			0			0		0					342		351		10.42%					10.04%
					19.08%					26.73%		2.74%				2.80%							0.00%			0.00%			0.00%			0.00%			0.00%				0.00%
				8/26/02		1,717			157,405,697				59		5,625,408					35	121,991			0	0			0			0			2		2,789					343		352		10.44%					10.06%
					19.62%					27.52%		3.32%				3.45%							0.00%			0.00%			0.00%			0.00%			0.11%				0.00%
				7/25/02		1,776			163,116,111				49		5,065,759					0	0			0	0			0			0			0		0					344		353		11.42%					11.04%
					20.29%					28.52%		2.68%				3.01%							0.00%			0.00%			0.00%			0.00%			0.00%				0.00%
				6/25/02		1,825			168,259,598				51		5,442,329					0	0			0	0			0			0			0		0					345		354		11.25%					10.87%
					20.85%					29.42%		2.72%				3.12%							0.00%			0.00%			0.00%			0.00%			0.00%				0.00%
				5/28/02		1,875			174,531,675				57		5,918,045					0	0			0	0			0			0			0		0					346		355		11.51%					11.13%
					21.43%					30.51%		2.95%				3.27%							0.00%			0.00%			0.00%			0.00%			0.00%				0.00%
				4/25/02		1,932			180,732,179				44		4,882,111					0	0			0	0			1			62,605			1		916					347		356		11.54%					11.16%
					22.08%					31.60%		2.23%				2.63%							0.00%			0.00%			0.05%			0.03%			0.05%				0.00%
				3/25/02		1,977			185,770,633				46		5,845,669					0	0			0	0			0			0			0		0					348		357		11.17%					10.79%
					22.59%					32.48%		2.27%				3.05%							0.00%			0.00%			0.00%			0.00%			0.00%				0.00%
				2/25/02		2,023			191,794,355				34		3,569,185					0	0			0	0			0			0			0		0					349		358		21.00%					20.62%
					23.12%					33.53%		1.65%				1.82%							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 14 OF 17
																																												PAGE 14 OF 14
			11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.
			01/27/2003 - 07:00 (H119-H132) 2003 LASALLE BANK N.A.

		ABN AMRO
		LASALLE BANK		N.A.
			MERRILL LYNCH MORTGAGE INVESTORS, INC.
				ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1															STATEMENT DATE:				11/25/2002
																						PAYMENT DATE:					11/25/2002
																						PRIOR PAYMENT:						10/25/2002
																						NEXT PAYMENT:							12/26/2002
																						RECORD DATE:								10/31/2002
							ABN AMRO ACCT: 67-8946-30-2
								HISTORICAL COLLATERAL LEVEL REO REPORT
RECENT
APPRAISAL
VALUE
APPRAISAL
REDUCTION
AMOUNT
DISCLOSURE
CONTROL #
REO
DATE
CITY
STATE
PROPERTY
TYPE
ACTUAL
BALANCE
SCHEDULED
BALANCE
DATE
LIQUIDATED
					LIQUIDATION
PROCEEDS
LIQUIDATION
EXPENSES
REALIZED
LOSS
	5539					10/30/02			MI		0			60,845		0		0			0				0			0
	6918					10/29/02			IN		0			86,621		0		0			0				0			0
	6393					10/21/02			AL		0			38,266		0		0			0				0			0
	5164					10/17/02			KS		0			75,814		0		0			0				0			0
	7410					10/17/02			MI		0			81,167		0		0			0				0			0
	7981					10/17/02			MI		0			230,180		0		0			0				0			0
	7069					10/16/02			MI		0			56,350		0		0			0				0			0
	6439					10/15/02			AR		0			39,915		0		0			0				0			0
	4270					10/11/02			AL		0			47,669		0		0			0				0			0
	7308					10/11/02			MI		0			67,799		0		0			0				0			0
	7623					10/9/02			CO		0			272,934		0		0			0				0			0
	5911					10/4/02			KS		0			47,046		0		0			0				0			0
	7023					10/3/02			MI		0			54,938		0		0			0				0			0
	8606					10/1/02			GA		0			81,454		0		0			0				0			0
	6987					9/27/02			MI		0			48,484		0		0			0				0			0
	7273					9/20/02			OH		0			34,896		0		0			0				0			0
	8204					9/19/02			MI		0			41,362		0		0			0				0			0
	6224					9/10/02			NC		0			92,720		0		0			0				0			0
	8545					9/10/02			WV		0			69,767		0		0			0				0			0
	6516					9/5/02			AL		0			74,594		0		0			0				0			0
	3790					9/3/02			PA		0			57,497		0		0			0				0			0
	4802					8/27/02			OK		0			17,992		0		0			0				0			0
	6372					8/19/02			AR		0			74,356		0		0			0				0			0
	7084					8/14/02			MI		0			202,095		0		0			0				0			0
	300					8/13/02			AR		0			63,811		0		0			0				0			0
	1030					8/8/02			AL		0			67,337		0		0			0				0			0
	2988					8/6/02			GA		0			29,226		0		0			0				0			0
	1080					7/29/02			MD		0			65,849		0		0			0				0			0
	5888					7/24/02			VA		0			52,437		0		0			0				0			0
	244					7/12/02			AL		0			49,373		0		0			0				0			0
	6225					7/3/02			NC		0			28,102		0		0			0				0			0
	1964					6/26/02			VA		0			66,300		0		0			0				0			0
	7936					6/24/02			NC		0			111,191		0		0			0				0			0
	3479					6/17/02			AL		0			93,328		0		0			0				0			0
	2759					5/13/02			NC		0			39,934		0		0			0				0			0
	922					3/7/02			MO		0			55,015		0		0			0				0			0
										36		0	2,676,665		0		0			0					0	0
																								PAGE 15 OF 17
		11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.

		ABN AMRO
		LASALLE BANK	N.A.
	MERRILL LYNCH MORTGAGE INVESTORS, INC.
															STATEMENT DATE:		11/25/2002
						ASSET-BACKED CERTIFICATES, SERIES 2002-AFC1														PAYMENT DATE:				11/25/2002
																			PRIOR PAYMENT:						10/25/2002
																			NEXT PAYMENT:							12/26/2002
																			RECORD DATE:								10/31/2002
						ABN AMRO ACCT: 67-8946-30-2
						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
				200210	1421		NOT AVAIL.	NOT AVAIL.	33,731.16		0.00		0.00%	0.00		0.00		0.00%				2,764.17
				200210	2954		NOT AVAIL.	NOT AVAIL.	49,449.67		0.00		0.00%	0.00		0.00		0.00%				40,726.68
				200210	7403		NOT AVAIL.	NOT AVAIL.	6,421.63		0.00		0.00%	0.00		0.00		0.00%				7,308.37
				200209	1038		NOT AVAIL.	NOT AVAIL.	59,639.50		0.00		0.00%	0.00		0.00		0.00%				16,128.67
				200209	1338		NOT AVAIL.	NOT AVAIL.	15,418.00		0.00		0.00%	0.00		0.00		0.00%				15,418.00
				200209	1898		NOT AVAIL.	NOT AVAIL.	57,774.77		0.00		0.00%	0.00		0.00		0.00%				39,101.43
				200209	2295		NOT AVAIL.	NOT AVAIL.	84,716.22		0.00		0.00%	0.00		0.00		0.00%				1,860.03
				200209	4099		NOT AVAIL.	NOT AVAIL.	63,111.63		0.00		0.00%	0.00		0.00		0.00%				11,004.35
				200209	4486		NOT AVAIL.	NOT AVAIL.	131,322.06		0.00		0.00%	0.00		0.00		0.00%				2,375.20
				200209	4994		NOT AVAIL.	NOT AVAIL.	89,461.82		0.00		0.00%	0.00		0.00		0.00%				46,137.70
				200208	1800		NOT AVAIL.	NOT AVAIL.	33,834.03		0.00		0.00%	0.00		0.00		0.00%				28,288.30
				200208	3728		NOT AVAIL.	NOT AVAIL.	61,100.67		0.00		0.00%	0.00		0.00		0.00%				17,992.57
				200208	6272		NOT AVAIL.	NOT AVAIL.	47,511.19		0.00		0.00%	0.00		0.00		0.00%				42,380.65
				200208	6998		NOT AVAIL.	NOT AVAIL.	87,005.74		0.00		0.00%	0.00		0.00		0.00%				2,636.26
				200208	8326		NOT AVAIL.	NOT AVAIL.	90,026.81		0.00		0.00%	0.00		0.00		0.00%				152.73
				200204	2026		NOT AVAIL.	NOT AVAIL.	34,600.00		36,799.93		106.36%	2,341.64		34,458.29		99.59%				141.71
				200204	670		NOT AVAIL.	NOT AVAIL.	47,359.02		50,267.13		106.14%	4,075.65		46,191.48		97.53%				1,167.54
				200204	7706		NOT AVAIL.	NOT AVAIL.	62,605.17		65,287.83		104.29%	3,599.05		61,688.78		98.54%				916.39
			CURRENT TOTAL
			CUMULATIVE							1,055,089.09		152,354.89			10,016.34	142,338.55							276,500.75
	* AGGREGATE LIQUIDATION EXPENSES ALSO INCLUDE OUTSTANDING P&I ADVANCES AND UNPAID SERVICING FEES, UNPAID TRUSTEE FEES, ETC..
	11/21/2002 - 12:32 (H119-H132) 2002 LASALLE BANK N.A.																				PAGE 17 OF 17

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