SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C.  20549

                                  FORM 10-K



                    Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934


(Mark One)
[ x] Annual Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
For the fiscal year ended DECEMBER 31, 2002

 or

[    ] Transition Report Pursuant to Section 13 or 15d of the Securities
Exchange Act of 1934
For the transition period from _____________  to ________

Commission file Number   333-77054

Credit Suisse First Boston Mortgage Securities Corp
(Exact name of registrant as specified in its charter)

Delaware                          13-3320910
(State or other jurisdiction      (I.R.S. Employer
of incorporation or organization)  Identification No.)

11 Madison Avenue, 5th Floor
New York, New York                                       10010
(Address of Principal Executive Offices)         (Zip Code)

Registrant's telephone number, including area code:           (212) 325-2000

Credit Suisse First Boston Mortgage Securities Corp
Mortgage Pass-Through Certificates Series 2002-HE16
(Title of each class of securities covered by this Form)

Securities registered pursuant to Section 12(b) of the Act:  NONE
Securities registered pursuant to Section 12(g) of the Act:  NONE

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Act of 1934
during the preceding 12 months (or for such shorter period that the registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
      X - Yes       No


                                    PART I

Item 1.  Business

      Not applicable.

Item 2.  Properties

      Not applicable on reliance of Relief Letters

Item 3. Legal Proceedings

      There were no legal proceedings.

Item 4. Submission of Matters to a Vote of Security Holders
      There were no matters submitted to a vote of the Security Holders.

                                    PART II

Item 5. Market for Registrant's Common Equity and Related Stockholder matters
      There is no established public trading market for the notes.

      Below are the number of Noteholders or Certificateholders
      of record as of the end of the reporting year.

      Credit Suisse First Boston Mortgage Securities Corp
      Mortgage Pass-Through Certificates
      Series 2002-HE16 Class A-1               1
      Series 2002-HE16 Class A-2               1
      Series 2002-HE16 Class A-3               1
      Series 2002-HE16 Class A-4               1
      Series 2002-HE16 Class A-IO              1
      Series 2002-HE16 Class M-1               2
      Series 2002-HE16 Class M-2              12
      Series 2002-HE16 Class B-1               1
      Series 2002-HE16 Class B-2               1
      Series 2002-HE16 Class X                 1


Item 6.  Selected Financial Data.

      Not applicable.

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

      Not applicable.

Item 8.  Financial Statements and Supplementary Data.

      Not applicable.

Item 9. Changes in and Disagreements with Accountants on Accounting and

      Not applicable.


                                   PART III

Item 10.  Directors and Executive Officers of the Registrant

      Not applicable.

Item 11.  Executive Compensation

      Not applicable.

Item 12.  Security Ownership of Certain Beneficial Owners and Management

      Not applicable.

Item 13.  Certain Relationships and Related Transactions.

      Not applicable.


                                    PART IV

Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K

      (a) 1.  Not Applicable
            2.  Not Applicable
            3.  Exhibits
                 99.1  Annual Statement as to Compliance.
                 99.2  Annual Independent Public
                          Accountant's Servicing Report.

      (b)   Reports on Form 8-K
      The registrant has filed Current Reports on Form 8-K with the
      Securities and Exchange Commission dated:
      June 25, 2002;  July 25, 2002; 'August 26, 2002;  September 25,
      2002, October 25, 2002; 'November 25, 2002;  December 26, 2002


      (c)    See (a) 3 above

      (d)    Not Applicable



                    SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned thereunto duly authorized.

Credit Suisse First Boston Mortgage Securities Corp
Mortgage Pass-Through Certificates Series 2002-HE16

      /s/  Matt Ruppel


      Name:   Matt Ruppel

      Title:  Vice President

      Credit Suisse First Boston Mortgage Securities Corp


Date:  March 31, 2003


Sarbanes-Oxley Certification

I, Matt Ruppel, certify that:

1. I have reviewed this annual report on Form 10-K, and all reports on Form 8-K
containing distribution or servicing reports filed in respect of periods
included in the year covered by this annual report, of
Credit Suisse First Boston Mortgage Securities Corp
Mortgage Pass-Through Certificates Series 2002-HE16

2. Based on my knowledge, the information in these reports, taken as a whole,
does not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading
as of the last day of the period covered by this annual report;

3. Based on my knowledge, the distribution information required
to be prepared by the trustee based upon the servicing information
required to be provided by the servicer under the pooling and servicing
agreement, for inclusion in these reports is included
in these reports;

4. Based on my knowledge and upon the annual compliance statement
included in the report and required to be delivered to the trustee in
accordance with the terms of the pooling and servicing agreement,
and except as disclosed in the reports, the servicer has fulfilled its
obligations under the pooling and servicing agreement; and

5. The reports disclose all significant deficiencies relating to the servicer's
compliance with the minimum servicing standards based upon the report
provided by an independent public accountant, after conducting a review
in compliance with the Uniform Single Attestation Program for Mortgage
Bankers or similar procedure, as set forth in the pooling and servicing
agreement, that is included in these reports.





Date:               March 31, 2003

Signature:          /s/   Matt Ruppel

Company:            Credit Suisse First Boston Mortgage Securities Corp

Title:              Vice President


                    EXHIBIT INDEX

      Exhibit NumberDescription
               99.1 Annual Statement of Compliance
               99.2 Report of Independent Accountants





   EXHIBIT 99.1 -- Servicer's Annual Statement of Compliance

Annual Statement as to Compliance

In accordance with the applicable section in each of the
Pooling and Servicing Agreements specified:

Pooling and Servicing Agreement -Credit Suisse First Boston
Mortgage Securities Corp., Depositor, DLJ Mortgage Capital,
Inc., Seller, Olympus Servicing, L.P ., Servicer and Special
Servicer, Fairbanks Capital Corp., Servicer, and US Bank
National Association, Trustee-CSFB ABS Trust Series 2002-HE16
05/01/2002

i. a review of the activities of the Servicer during the year
ended December 31, 2002 and of performance under this Agreement
has been made under such officers' supervision; and

ii. to the best of such officers' knowledge, based on such
review, the Servicer has fulfilled all of its obligations
under this Agreement throughout such year.

March 11, 2003

 \s\	William P. Garland

	William P. Garland
	President
	Fairbanks Capital Corp.
	Fairbanks Capital Corp.
	3815 South West Temple
	Salt Lake City, UT 84115-4412
	(801) 293-1883




	EXHIBIT 99.2 -- Report of Independent Accountants

Report of Independent Accountants

Ernst & Young LLP
725 South Figeroa St.
Los Angeles, California 90017
(213) 977-3200

Board of Directors
Fairbanks Capital Corp.

We have examined management's assertion, included in the
accompanying report titled Report of Management, that
Fairbanks Capital Corp., a wholly owned subsidiary of
Fairbanks Capital Holding Corp., (the "Company") complied
with the minimum servicing standards set forth in the
Mortgage Bankers Association of America's Uniform Single
Attestation Program for Mortgage Bankers ("USAP") during the
year ended December 31, 2002. Management is responsible for
the Company's compliance with those requirements. Our
responsibility is to express an opinion on management's
assertion about the Company's compliance based on our
examination.

Our examination was made in accordance with
standards established by the American Institute of Certified
Public Accountants and, accordingly, included examining, on
a test basis, evidence about the Company's compliance with those
requirements and performing such other procedures as we
considered necessary in the circumstances. We believe that
our examination provides a reasonable basis for our opinion.
Our examination does not provide a legal determination on
the Company's compliance with specified requirements.

In our opinion, management's assertion that the Company
complied with the aforementioned requirements during the
year ended December 31, 2002, is fairly stated,
in all material respects.

\s\ Ernst & Young LLP

January 20,2003