##### 



| |                                                                                                           | 
| | --------------------------------------------------------------------------------------------------------- | 
| | HomEq Residential Trust 2001-I
HomEq Asset Backed Certificates
2002 Annual Statement To Certificateholder

|                     |        |       |  |           |  |  |                |                |  |          |                |                |  |  |              |               |  | 
|-------------------- | ------ | ----- |  | --------- |  |  | -------------- | -------------- |  | -------- | -------------- | -------------- |  |  | ------------ | ------------- |  | 
|                     |        |       |  |           |  |  |                | Original       |  |          | Beginning      |                |  |  |              |              
|                     |        |       |  |           |  |  |                | Certificate    |  |          | Certificate    |                |  |  |              |              
|Class                |        | Cusip |  | Balance   |  |  | Balance        |                |  | Interest |               
|                     |        |       |  |           |  |  |                |                |  |          |               
|                     |        | AH-1  |  | 437309AA5 |  |  | 395,619,000.00 |                |  |          | 151,546,656.18 |                |  |  | 2,532,427.35 |              
|Factors per Thousand |        |       |  |           |  |  |                |                |  |          |                |                |  |  | 6.40117727   |              
|                     |        | AH-2  |  | 437309AB3 |  |  | 98,527,000.00  |                |  |          | 98,527,000.00  |                |  |  | 4,944,108.18 |              
|Factors per Thousand |        |       |  |           |  |  |                |                |  |          |                |                |  |  | 50.18023669  |              
|                     |        | AH-3  |  | 437309AC1 |  |  | 7,613,000.00   |                |  |          | 7,613,000.00   |                |  |  | 526,438.92   |              
|Factors per Thousand |        |       |  |           |  |  |                |                |  |          |                |                |  |  | 69.14999606  |              
|                     |        | AH-4  |  | 437309AD9 |  |  | 24,621,000.00  |                |  |          | 24,621,000.00  |                |  |  | 1,872,427.08 |              
|Factors per Thousand |        |       |  |           |  |  |                |                |  |          |                |                |  |  | 76.05000122  |              
|                     |        | MH-1  |  | 437309AE7 |  |  | 74,891,000.00  |                |  |          | 74,891,000.00  |                |  |  | 5,871,454.44 |              
|Factors per Thousand |        |       |  |           |  |  |                |                |  |          |                |                |  |  | 78.40000053  |              
|                     |        | MH-2  |  | 437309AF4 |  |  | 57,345,000.00  |                |  |          | 57,345,000.00  |                |  |  | 4,908,732.00 |              
|Factors per Thousand |        |       |  |           |  |  |                |                |  |          |                |                |  |  | 85.60000000  |              
|                     |        | BH-1  |  | 437309AG2 |  |  | 54,349,000.00  |                |  |          | 54,349,000.00  |                |  |  | 5,451,204.72 |              
|Factors per Thousand |        |       |  |           |  |  |                |                |  |          |                |                |  |  | 100.30000037 |              
|                     |        | BH-2  |  | 43730PAM3 |  |  | 82,166,000.00  |                |  |          | 82,166,000.00  |                |  |  | 8,627,430.00 |              
|Factors per Thousand |        |       |  |           |  |  |                |                |  |          |                |                |  |  | 105.00000000 |              
|                     | Pool I |       |  |           |  |  |                | 795,131,000.00 |  |          |                | 551,058,656.18 |  |  |              | 34,734,222.69 | 
|                     | Totals |       |  |           |  |  |                |                |  |          |                |                |  |  |              | 43.68364796   | 

| |                      |        |      |              |                |                |  |                   |                |                |  |                           |                |               | 
| | -------------------- | ------ | ---- | ------------ | -------------- | -------------- |  | ----------------- | -------------- | -------------- |  | ------------------------- | -------------- | ------------- | 
| | Class                |        |      | Principal    |                |                |  | TotalDistribution |                |                |  | EndingCertificate
Balance
| |                      |        | AH-1 |              |                | 151,546,656.18 |  |                   |                | 154,079,083.53 |  |                           |                | 0.00          | 
| | Factors per Thousand |        |      | 383.06212841 |                |                |  | 389.46330568      |                |                |  | 0.00000000                |               
| |                      |        | AH-2 |              |                | 89,200,511.86  |  |                   |                | 94,144,620.04  |  |                           |                | 9,326,488.14  | 
| | Factors per Thousand |        |      | 905.34078841 |                |                |  | 955.52102510      |                |                |  | 94.65921159               |               
| |                      |        | AH-3 |              |                | 0.00           |  |                   |                | 526,438.92     |  |                           |                | 7,613,000.00  | 
| | Factors per Thousand |        |      | 0.00000000   |                |                |  | 69.14999606       |                |                |  | 1,000.00000000            |               
| |                      |        | AH-4 |              |                | 0.00           |  |                   |                | 1,872,427.08   |  |                           |                | 24,621,000.00 | 
| | Factors per Thousand |        |      | 0.00000000   |                |                |  | 76.05000122       |                |                |  | 1,000.00000000            |               
| |                      |        | MH-1 |              |                | 0.00           |  |                   |                | 5,871,454.44   |  |                           |                | 74,891,000.00 | 
| | Factors per Thousand |        |      | 0.00000000   |                |                |  | 78.40000053       |                |                |  | 1000.00000000             |               
| |                      |        | MH-2 |              |                | 0.00           |  |                   |                | 4,908,732.00   |  |                           |                | 57,345,000.00 | 
| | Factors per Thousand |        |      | 0.00000000   |                |                |  | 85.60000000       |                |                |  | 1000.00000000             |               
| |                      |        | BH-1 |              |                | 0.00           |  |                   |                | 5,451,204.72   |  |                           |                | 54,349,000.00 | 
| | Factors per Thousand |        |      | 0.00000000   |                |                |  | 100.30000037      |                |                |  | 1,000.00000000            |               
| |                      |        | BH-2 |              |                | 0.00           |  |                   |                | 8,627,430.00   |  |                           |                | 82,166,000.00 | 
| | Factors per Thousand |        |      | 0.00000000   |                |                |  | 105.00000000      |                |                |  | 1,000.00000000            |               
| |                      | Pool I |      |              | 240,747,168.04 |                |  |                   | 275,481,390.73 |                |  |                           | 310,311,488.14 |              
| |                      | Totals |      |              | 302.77673495   |                |  |                   | 346.46038292   |                |  |                           | 390.26460815   |              





---



##### 



| |                                                                                                           | 
| | --------------------------------------------------------------------------------------------------------- | 
| | HomEq Residential Trust 2001-I
HomEq Asset Backed Certificates
2002 Annual Statement To Certificateholder

|                     |         |        |      |         |           |  |         |                |  |             |                  |                |             |  |                  |               |             |  |               | 
|-------------------- | ------- | ------ | ---- | ------- | --------- |  | ------- | -------------- |  | ----------- | ---------------- | -------------- | ----------- |  | ---------------- | ------------- | ----------- |  | ------------- | 
|                     |         |        |      |         |           |  |         |                |  | Original    |                  |                | Beginning   |  |                  |               |             | 
|                     |         |        |      |         |           |  |         |                |  | Certificate |                  |                | Certificate |  |                  |               |             | 
|Class                |         | Cusip  |      | Balance |           |  | Balance |                |  | Interest    |                 
|                     |         |        |      |         |           |  |         |                |  |             |                 
|                     |         |        | AL-1 |         | 437309AH0 |  |         | 382,034,000.00 |  |             |                  | 187,950,829.63 |             |  |                  | 4,741,467.70  |            
|Factors per Thousand |         |        |      |         |           |  |         |                |  |             |                  |                |             |  | 12.41111446      |              
|                     |         |        | AL-2 |         | 437309AJ6 |  |         | 99,091,000.00  |  |             |                  | 99,091,000.00  |             |  |                  | 5,870,775.35  |            
|Factors per Thousand |         |        |      |         |           |  |         |                |  |             |                  |                |             |  | 59.24630239      |              
|                     |         |        | AL-3 |         | 437309AK3 |  |         | 10,260,000.00  |  |             |                  | 10,260,000.00  |             |  |                  | 727,434.00    |            
|Factors per Thousand |         |        |      |         |           |  |         |                |  |             |                  |                |             |  | 70.90000000      |              
|                     |         |        | AL-4 |         | 437309AL1 |  |         | 28,721,000.00  |  |             |                  | 28,721,000.00  |             |  |                  | 2,185,668.12  |            
|Factors per Thousand |         |        |      |         |           |  |         |                |  |             |                  |                |             |  | 76.10000070      |              
|                     |         |        | ML-1 |         | 437309AM9 |  |         | 77,890,000.00  |  |             |                  | 77,890,000.00  |             |  |                  | 6,262,356.00  |            
|Factors per Thousand |         |        |      |         |           |  |         |                |  |             |                  |                |             |  | 80.40000000      |              
|                     |         |        | ML-2 |         | 437309AN7 |  |         | 57,789,000.00  |  |             |                  | 57,789,000.00  |             |  |                  | 4,984,301.28  |            
|Factors per Thousand |         |        |      |         |           |  |         |                |  |             |                  |                |             |  | 86.25000052      |              
|                     |         |        | BL-1 |         | 437309AP2 |  |         | 55,695,000.00  |  |             |                  | 55,695,000.00  |             |  |                  | 5,697,598.56  |            
|Factors per Thousand |         |        |      |         |           |  |         |                |  |             |                  |                |             |  | 102.30000108     |              
|                     |         |        | BL-2 |         | 43730PAN1 |  |         | 82,496,000.00  |  |             |                  | 82,496,000.00  |             |  |                  | 8,662,080.00  |            
|Factors per Thousand |         |        |      |         |           |  |         |                |  |             |                  |                |             |  | 105.00000000     |              
|                     | Pool II |        |      |         |           |  |         | 793,976,000.00 |  |             |                  | 599,892,829.63 |             |  |                  | 39,131,681.01 |            
|                     |         | Totals |      |         |           |  |         |                |  |             |                  |                |             |  |                  |               | 49.28572275 | 
|                     |         |        |      | X       |           |  |         |                |  |             | 104,326,941.43   |                |             |  | 104,326,941.42   |               |             |  | 0.00          | 
|                     |         |        |      | R       |           |  |         |                |  |             | 0.00             |                |             |  | 0.00             |               |             |  | 0.00          | 
|                     |         |        |      | Totals  |           |  |         |                |  |             | 1,589,107,000.00 |                |             |  | 1,150,951,485.81 |               |             |  | 73,865,903.70 | 

|      |  |           |  |                   |  |                         
|----- |  | --------- |  | ----------------- |  | ------------------------
|      |  |           |  |                   |  |                         
|Class |  | Principal |  | TotalDistribution |  | EndingCertificateBalance

|                     |         |        |              |                |              |                |              |                |              |                |               |                |              |                | 
|-------------------- | ------- | ------ | ------------ | -------------- | ------------ | -------------- | ------------ | -------------- | ------------ | -------------- | ------------- | -------------- | ------------ | -------------- | 
|                     |         |        | AL-1         |                |              | 187,950,829.63 |              |                |              | 192,692,297.33 |               |                |              | 0.00           | 
|Factors per Thousand |         |        | 491.97409034 |                |              |                | 504.38520480 |                |              |                | 0.00000000    |               
|                     |         |        | AL-2         |                |              | 21,280,908.57  |              |                |              | 27,151,683.92  |               |                |              | 77,810,091.43  | 
|Factors per Thousand |         |        | 214.76126560 |                |              |                | 274.00756799 |                |              |                | 785.23873440  |               
|                     |         |        | AL-3         |                |              | 0.00           |              |                |              | 727,434.00     |               |                |              | 10,260,000.00  | 
|Factors per Thousand |         |        | 0.00000000   |                |              |                | 70.90000000  |                |              |                | 1000.00000000 |               
|                     |         |        | AL-4         |                |              | 0.00           |              |                |              | 2,185,668.12   |               |                |              | 28,721,000.00  | 
|Factors per Thousand |         |        | 0.00000000   |                |              |                | 76.10000070  |                |              |                | 1000.00000000 |               
|                     |         |        | ML-1         |                |              | 0.00           |              |                |              | 6,262,356.00   |               |                |              | 77,890,000.00  | 
|Factors per Thousand |         |        | 0.00000000   |                |              |                | 80.40000000  |                |              |                | 1000.00000000 |               
|                     |         |        | ML-2         |                |              | 0.00           |              |                |              | 4,984,301.28   |               |                |              | 57,789,000.00  | 
|Factors per Thousand |         |        | 0.00000000   |                |              |                | 86.25000052  |                |              |                | 1000.00000000 |               
|                     |         |        | BL-1         |                |              | 0.00           |              |                |              | 5,697,598.56   |               |                |              | 55,695,000.00  | 
|Factors per Thousand |         |        | 0.00000000   |                |              |                | 102.30000108 |                |              |                | 1000.00000000 |               
|                     |         |        | BL-2         |                |              | 0.00           |              |                |              | 8,662,080.00   |               |                |              | 82,496,000.00  | 
|Factors per Thousand |         |        | 0.00000000   |                |              |                | 105.00000000 |                |              |                | 1000.00000000 |               
|                     | Pool II |        |              | 209,231,738.20 |              |                |              | 248,363,419.21 |              |                |               | 390,661,091.43 |             
|                     |         | Totals |              |                | 263.52400853 |                |              |                | 312.80973129 |                |               |                | 492.03136043 |               
|                     |         |        | X            |                |              | 0.01           |              |                |              | 0.01           |               |                |              | 104,326,941.41 | 
|                     |         |        | R            |                |              | 0.00           |              |                |              | 0.00           |               |                |              | 0.00           | 
|                     |         |        | Totals       |                |              | 449,978,906.25 |              |                |              | 523,844,809.95 |               |                |              | 700,972,579.57 | 





---



##### 



| |                                                                                                           | 
| | --------------------------------------------------------------------------------------------------------- | 
| | HomEq Residential Trust 2001-I
HomEq Asset Backed Certificates
2002 Annual Statement To Certificateholder

|                                 |  |  |                |  |  |                         |  |        |  |             
|-------------------------------- |  |  | -------------- |  |  | ----------------------- |  | ------ |  | ------------
|Pool 1 Aggregate Amount Received |  |  | 281,390,552.30 |  |  | Custodian Fee           |  |        |  |             
|Pool 2 Aggregate Amount Received |  |  | 253,538,646.34 |  |  |                         |  | Pool 1 |  | 51,018.43   
|                                 |  |  |                |  |  |                         |  | Pool 2 |  | 54,836.07   
|                                 |  |  |                |  |  | Expense Account         |  |        |  |             
|                                 |  |  |                |  |  |                         |  | Pool 1 |  | 94,384.09   
|                                 |  |  |                |  |  |                         |  | Pool 2 |  | 101,446.72  
|                                 |  |  |                |  |  | FHA Premium Account     |  |        |  |             
|                                 |  |  |                |  |  |                         |  | Pool 1 |  | 328,885.68  
|                                 |  |  |                |  |  |                         |  | Pool 2 |  | 130,106.67  
|                                 |  |  |                |  |  | Servicer Fee            |  |        |  |             
|                                 |  |  |                |  |  |                         |  | Pool 1 |  | 3,735,309.56
|                                 |  |  |                |  |  |                         |  | Pool 2 |  | 3,993,443.80
|                                 |  |  |                |  |  | Trust Administrator Fee |  |        |  |             
|                                 |  |  |                |  |  |                         |  | Pool 1 |  | 30,611.06   
|                                 |  |  |                |  |  |                         |  | Pool 2 |  | 32,901.64   
|                                 |  |  |                |  |  | Trustee Fee             |  |        |  |             
|                                 |  |  |                |  |  |                         |  | Pool 1 |  | 12,754.61   
|                                 |  |  |                |  |  |                         |  | Pool 2 |  | 13,709.02