##### Table of Contents



United States
Securities and Exchange Commission

Washington, D. C. 20549




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FORM 10-K

|    |  |                                                                                     
|--- |  | ------------------------------------------------------------------------------------
|[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 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
|   |  |                                                                                         
|   |  | For the transition period from                  to                                      
|   |  |                                                                                         
|   |  | Commission file number 333-16233                                                        

BAY VIEW SECURITIZATION CORPORATION

(originator of the Bay View 1999-LG-1, 2000-LJ-1 and 2002-LJ-1 Auto Trusts discussed herein)


(Exact name of registrant as specified in its charter)


|                                                                                                                   |  |                                                
|------------------------------------------------------------------------------------------------------------------ |  | -----------------------------------------------
|Delaware
(State or other jurisdiction of
incorporation or organization)                                            |  | 93-1225376
(I.R.S. Employer Identification No.)
|                                                                                                                   |  |                                                
|c/o Bay View Capital Corporation
1840 Gateway Drive
San Mateo, California
(Address of principal executive offices) |  | 94404
(Zip Code)                               

Registrants telephone number, including area code: (650) 294-7714
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 Exchange 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
requirements for the past 90 days. YES [X]   NO [   ]

Indicate by check mark whether the registrant is an accelerated filer (as
defined in Rule 12b-2 of the Act). YES [X]   NO [   ]

DOCUMENTS INCORPORATED BY REFERENCE : None





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TABLE OF CONTENTS



|               |                                                                                               |  |  |  |  |  |  | 
|-------------- | --------------------------------------------------------------------------------------------- |  |  |  |  |  |  | 
|Part I        
|               | Item 1. Business                                                                             
|               | Item 2. Properties                                                                           
|               | Item 3. Legal Proceedings                                                                    
|               | Item 4. Submission of Matters to a Vote of Security Holders                                  
|               | Item 5. Market for the Registrants Common Equity and Related Stockholder Matters            
|               | Item 6. Selected Financial Data                                                              
|Part II       
|               | Item 7. Managements Discussion and Analysis of Financial Condition and Results of Operations
|               | Item 7a. Quantitative and Qualitative Disclosures About Market Risk                          
|               | Item 8. Financial Statements and Supplementary Data                                          
|               | Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 
|Part III      
|               | Item 10. Directors and Executive Officers of the Registrant                                  
|               | Item 11. Executive Compensation                                                              
|               | Item 12. Security Ownership of Certain Beneficial Owners and Management                      
|               | Item 13. Certain Relationships and Related Transactions                                      
|               | Item 14. Controls and Procedures                                                             
|Part IV       
|               | Item 15. Exhibits, Financial Statement Schedules and Reports on Form 8-K                     
|Signatures    
|CERTIFICATIONS
|Exhibit 99.2  



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##### Table of Contents






Part I

Terms not otherwise defined herein have the meanings set forth in the
Pooling and Servicing Agreement (the PSA) relating the Bay View 1999-LG-1,
2000-LJ-1 and 2002-LJ-1 Auto Trusts.




Item 1. Business

Bay View Securitization Corporation, or BVSC, a wholly owned subsidiary
of Bay View Capital Corporation (the Company), is a Delaware Corporation
formed for the sole purpose of issuing asset-backed securities through Trusts.
At December 31, 2002, there were three active Trusts formed by BVSC: the Bay
View 1999-LG-1, 2000-LJ-1 and 2002-LJ-1 Auto Trusts, or the Trusts. The only
business of the Trusts is the collection and distribution of payments on the
motor vehicle receivables in the manner described in the Registration Statement
on Form S-3 (File No. 333-16233). Accordingly, there is no relevant
information to report in response to Item 101 of Regulation S-K.




Item 2. Properties

BVSC and the Trusts do not have any physical properties. Accordingly,
this item is inapplicable.




Item 3. Legal Proceedings

There were no material legal proceedings involving BVSC, the Trusts, or,
any certificates involving the Trustee which were pending at December 31, 2002,
or as of the date of this report.




Item 4. Submission of Matters to a Vote of Security Holders

No votes or consents of certificate-holders were solicited during fiscal
year 2002 for any purpose.




Item 5. Market for the Registrants Common Equity and Related Stockholder Matters

There is no established public trading market for the certificates.

As of
December 31, 2002, there were 17 registered certificate-holders of
the Bay View 1999-LG-1 Trust, 21 holders of the Bay View 2000-LJ-1
Trust and 25
holders of the Bay View 2002-LJ-1 Trust. Since the Trusts pay no dividends
with respect to the Certificates, the information required by Item 201 of
Regulation S-K regarding dividends is inapplicable to the Trusts.




Item 6. Selected Financial Data

No financial data is required of BVSC, as Registrant, in as much as the
Registration Statement on Form S-3 (File No. 333-16233) was filed for and on
behalf of the Trusts and, furthermore, because BVSC is not a guarantor of any
of the payments due from the Trusts to certificate-holders.

The regular monthly report forms, which the Trustee is required to include
with each monthly distribution of the Trusts assets to certificate-holders,
sets forth for the prior calendar month, as well as cumulatively, all of the
relevant financial information required by the PSA to be reported to
certificate-holders.

The Trusts Monthly Servicers Certificate Reports, referred to as the
Monthly Reports, for the months ended January 31, 2002 through December 31,
2002 have been previously filed as indicated at Part IV. Item 15. Exhibits,
Financial Statement Schedules and Reports on Form 8-K.

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The foregoing presents all relevant financial information relating to the
Trusts. Because of the limited business activity of the Trusts, the Selected
Financial Data specified in Item 301 of Regulation S-K would not provide any
meaningful additional information.




Part II




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

Because of the limited business activity of the Trusts, the presentation
of Managements Discussion and Analysis of Financial Condition and Results of
Operations, as otherwise required by Item 303 of Regulation S-K, would not be
meaningful. All relevant information is contained in the Monthly Reports
(filed under Current Reports on Form 8-K) as described above.




Item 7a. Quantitative and Qualitative Disclosures About Market Risk

Because of the limited business activity of the Trusts, the presentation
of Quantitative and Qualitative Disclosures About Market Risk, as required by
Item 305 of Regulation S-K, would not be meaningful. All relevant information
is contained in the Monthly Reports (filed under Current Reports on Form 8-K)
as described above.




Item 8. Financial Statements and Supplementary Data

As discussed above, furnishing the financial information required by Item
8 of Form 10-K would not add any relevant information to that provided by the
foregoing statements. Because the certificates are essentially pass-through
securities, the Trusts will have income only in the limited sense of
collecting payments on the motor vehicle-related receivables. The only
material items of expense for the Trusts will be the amounts paid as
servicing compensation and potentially certain payments relating to any credit
enhancement facilities. The Monthly Reports contained in the Current Reports
on Form 8-K provide complete information on the amounts of the income and
expenses of the Trusts.




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

The information required by Item 304 of Regulation S-K was previously
filed as part of the Companys Current Reports on Form 8-K filed on May 31,
2002 and June 14, 2002.

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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

As of
December 31, 2002, there were 17 registered Certificate-holders of
the Bay View 1999-LG-1 Trust, 21 holders of the Bay View 2000-LJ-1
Trust and 25
holders of the Bay View 2002-LJ-1, all of whom maintained their security
positions with the Depository Trust Company. While some of these
certificate-holders security positions in the Trusts exceeded 5% of the
outstanding certificate balance, such securities do not constitute voting
securities within the meaning of Item 403 of Regulation S-K.




Item 13. Certain Relationships and Related Transactions

BVSC received payments from the Trusts in accordance with the terms of the
PSA.




Item 14. Controls and Procedures



| | (a) |  | Evaluation of disclosure controls and procedures. The Companys
principal executive officer and its principal financial officer, after
evaluating the effectiveness of the Companys disclosure controls and
procedures (as defined in Exchange Act Rules 12(a)  and 15(d)- 14(c))
as of a date within 90 days of the filing of this annual report, have
concluded that, as of such date, the Companys disclosure controls and
procedures were adequate and effective to ensure that material
information relating to the Company and its consolidated subsidiaries
would be made known to them by others within those entities.
| | --- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (b) |  | Changes in internal controls. There have been no significant changes
in the Companys internal controls or in the other factors that could
significantly affect the Companys disclosure controls and procedures
subsequent to the date of their evaluation, nor were there any
significant deficiencies or material weaknesses in the Companys
internal controls. As a result, no corrective actions were required or
undertaken.                                                                                                                                                                                               

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Part IV




Item 15. Exhibits, Financial Statement Schedules and Reports on Form 8-K

(a)(1) and (2):

Incorporated herein and/or attached hereto as Exhibit No. 99.1 are copies
of the Monthly Reports to the Trusts for the year ended December 31, 2002. A
copy of the Independent Auditors report is incorporated herein and attached
hereto as Exhibit No. 99.2.

Current Reports on Form 8-K including Monthly Reports for the months ended
September 30, 2002, October 31, 2002 and November 30, 2002 were filed in the
quarter ended December 31, 2002.

(a)(3) Exhibits:

|               |      |          |  |                                                                                                              |                    |  |                           |         | 
|-------------- | ---- | -------- |  | ------------------------------------------------------------------------------------------------------------ | ------------------ |  | ------------------------- | ------- | 
|               |      |          |  |                                                                                                              |                    |  | Reference to prior filing
|Regulation S-K |      |          |  |                                                                                                              | or exhibit number 
|Exhibit Number |      | Document |  | attached hereto                                                                                             
|               |      |          |  |                                                                                                             
|               | 3.1  |          |  | Certificate of Incorporation of Bay View
Securitization Corporation                                          |                    |  | *                         |        
|               | 3.2  |          |  | Bylaws of Bay View Securitization Corporation                                                                |                    |  | *                         |        
|               | 4.1  |          |  | Form of Pooling and Servicing Agreement for
Grantor Trusts, including Forms of Certificate                   |                    |  | **                        |        
|               | 4.2  |          |  | Form of Standard Terms and Conditions of Bay View
Grantor Trusts                                             |                    |  | **                        |        
|               | 4.3  |          |  | Form of Pooling and Servicing Agreement for Trusts
other than Grantor Trusts, including Forms of Certificate |                    |  | **                        |        
|               | 10   |          |  | Form of Purchase Agreement                                                                                   |                    |  | **                        |        
|               | 99.1 |          |  | Bay View 1999 LG-1 and 2000-LJ-1 Auto Trusts
Monthly Servicers Certificate Reports dated:                   |                    |  |                           |        
|               |      |          |  |                                                                                                              | January 31, 2002   |  |                           | 99.1a.1 | 
|               |      |          |  |                                                                                                              | February 28, 2002  |  |                           | 99.1b.1 | 
|               |      |          |  |                                                                                                              | March 31, 2002     |  |                           | 99.1c.1 | 
|               |      |          |  |                                                                                                              | April 30, 2002     |  |                           | 99.1d.1 | 
|               |      |          |  |                                                                                                              | May 31, 2002       |  |                           | 99.1e.1 | 
|               |      |          |  |                                                                                                              | June 30, 2002      |  |                           | 99.1f.1 | 
|               |      |          |  |                                                                                                              | July 31, 2002      |  |                           | 99.1g.1 | 
|               |      |          |  |                                                                                                              | August 31, 2002    |  |                           | 99.1h.1 | 
|               |      |          |  |                                                                                                              | September 30, 2002 |  |                           | 99.1i.1 | 
|               |      |          |  |                                                                                                              | October 31, 2002   |  |                           | 99.1j.1 | 
|               |      |          |  |                                                                                                              | November 30, 2002  |  |                           | 99.1k.1 | 
|               |      |          |  |                                                                                                              | December 31, 2002  |  |                           | 99.1l.1 | 
|               |      |          |  | Bay View 2002-LJ-1 Auto Trust
Monthly Servicers Certificate Reports dated:                                  |                    |  |                           |        
|               |      |          |  |                                                                                                              | September 30, 2002 |  |                           | 99.1m.1 | 
|               |      |          |  |                                                                                                              | October 31, 2002   |  |                           | 99.1n.1 | 
|               |      |          |  |                                                                                                              | November 30, 2002  |  |                           | 99.1o.1 | 
|               |      |          |  |                                                                                                              | December 31, 2002  |  |                           | 99.1p.1 | 
|               | 99.2 |          |  | Independent Accountants Report                                                                              |                    |  | 99.2                      |        

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(References to Prior Filings)

|        |  |                                                                                                                                                                                                       
|------- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|*       |  | Filed as an exhibit to the Registrants Registration Statement on Form
S-3 filed with the Securities and Exchange Commission on November 16, 1996
(File No 333-16233).                                
|        |  |                                                                                                                                                                                                       
|**      |  | Filed as an exhibit to Pre-Effective Amendment No. 1 to the Registrants
Registration Statement on Form S-3 filed with the Securities and Exchange
Commission on January 3, 1997 (File No. 333-16233).
|        |  |                                                                                                                                                                                                       
|99.1a.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated February 15, 2002, filed February 22, 2002 (File No. 333-16233).                                                           
|        |  |                                                                                                                                                                                                       
|99.1b.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated March 15, 2002, filed March 22, 2002 (File No. 333-16233).                                                                 
|        |  |                                                                                                                                                                                                       
|99.1c.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated April 15, 2002, filed April 23, 2002 (File No. 333-16233).                                                                 
|        |  |                                                                                                                                                                                                       
|99.1d.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated May 15, 2002, filed May 21, 2002 (File No. 333-16233).                                                                     
|        |  |                                                                                                                                                                                                       
|99.1e.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated June 17, 2002, filed June 25, 2002 (File No. 333-16233).                                                                   
|        |  |                                                                                                                                                                                                       
|99.1f.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated July 15, 2002, filed July 24, 2002 (File No. 333-16233).                                                                   
|        |  |                                                                                                                                                                                                       
|99.1g.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated August 15, 2002, filed August 22, 2002 (File No. 333-16233).                                                               
|        |  |                                                                                                                                                                                                       
|99.1h.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated September 16, 2002, filed September 23, 2002 (File No. 333-16233).                                                         
|        |  |                                                                                                                                                                                                       
|99.1i.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated October 15, 2002, filed October 25, 2002 (File No. 333-16233).                                                             
|        |  |                                                                                                                                                                                                       
|99.1j.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated November 15, 2002, filed November 25, 2002 (File No. 333-16233).                                                           
|        |  |                                                                                                                                                                                                       
|99.1k.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated December 16, 2002, filed December 26, 2002 (File No. 333-16233).                                                           
|        |  |                                                                                                                                                                                                       
|99.1l.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated January 15, 2003, filed January 27, 2003 (File No. 333-16233).                                                             
|        |  |                                                                                                                                                                                                       
|99.1m.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated September 30, 2002, filed October 25, 2002 (File No. 333-16233).                                                           
|        |  |                                                                                                                                                                                                       
|99.1n.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated November 15, 2002, filed November 25, 2002 (File No. 333-16233).                                                           
|        |  |                                                                                                                                                                                                       
|99.1o.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated December 16, 2002, filed December 26, 2002 (File No. 333-16233).                                                           
|        |  |                                                                                                                                                                                                       
|99.1p.1 |  | Filed as exhibit 99.1 to the Registrants Current Report on Form 8-K
dated January 15, 2003, filed January 27, 2003 (File No. 333-16233).                                                             

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Signatures

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

|      |  |                |  |  |  |     |  |                                                                
|----- |  | -------------- |  |  |  | --- |  | ---------------------------------------------------------------
|      |  |                |  |  |  | BY: |  | BAY VIEW SECURITIZATION CORPORATION
(ORIGINATOR OF THE TRUSTS) 
|      |  |                |  |  |  |     |  |                                                                
|      |  |                |  |  |  |     |  | BAY VIEW 1999 LG-1, 2000-LJ-1 AND 2002-LJ-1
AUTO TRUSTS        
|      |  |                |  |  |  |     |  |                                                                
|Date: |  | March 31, 2003 |  |  |  | By: |  | /s/ John Okubo                                                 
|      |  |                |  |  |  |     |  |                                                                
|      |  |                |  |  |  |     |  | John Okubo
Executive Vice President and Chief Financial Officer

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CERTIFICATIONS

I, Charles G. Cooper, certify that:

1.     I have
reviewed this annual report on Form 10-K of Bay View
Securitization Corporation;

2.     Based on my knowledge, this annual report 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 with respect to the period covered by this annual
report;

3.     Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this annual report;

4.     The registrants other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

a) designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated
subsidiaries, is made known to us by others within those entities, particularly
during the period in which this annual report is being prepared;

b) evaluated the effectiveness of the registrants disclosure controls and
procedures as of a date within 90 days prior to the filing date of this annual
report (the Evaluation Date); and

c) presented in this annual report our conclusions about the effectiveness of
the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

5.     The registrants other certifying officers and I have disclosed, based on
our most recent evaluation, to the registrants auditors and the audit
committee of registrants board of directors (or persons performing the
equivalent function):

a) all significant deficiencies in the design or operation of internal
controls which could adversely affect the registrants ability to record,
process, summarize and report financial data and have identified for the
registrants auditors any material weaknesses in internal controls; and

b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrants internal controls;
and

6.     The registrants other certifying officers and I have indicated in this
annual report whether or not there were significant changes in internal
controls or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.

Date: March 31, 2003

| |  |                                                         |  | 
| |  | ------------------------------------------------------- |  | 
| |  | /s/ Charles G. Cooper                                   |  | 
| |  |                                                         |  | 
| |  | Charles G. Cooper
President and
Chief Executive Officer |  | 

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CERTIFICATIONS

I, John Okubo, certify that:

1.     I have reviewed this annual report on Form 10-K of Bay View Securitization
Corporation;

2.     Based on my knowledge, this annual report 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 with respect to the period covered by this annual
report;

3.     Based on my knowledge, the financial statements, and other financial
information included in this annual report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this annual report;

4.     The registrants other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

a) designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated
subsidiaries, is made known to us by others within those entities, particularly
during the period in which this annual report is being prepared;

b) evaluated the effectiveness of the registrants disclosure controls and
procedures as of a date within 90 days prior to the filing date of this annual
report (the Evaluation Date); and

c) presented in this annual report our conclusions about the effectiveness of
the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

5.     The registrants other certifying officers and I have disclosed, based on
our most recent evaluation, to the registrants auditors and the audit
committee of registrants board of directors (or persons performing the
equivalent function):

a) all significant deficiencies in the design or operation of internal
controls which could adversely affect the registrants ability to record,
process, summarize and report financial data and have identified for the
registrants auditors any material weaknesses in internal controls; and

b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrants internal controls;
and

6.     The registrants other certifying officers and I have indicated in this
annual report whether or not there were significant changes in internal
controls or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.

Date: March 31, 2003

| |  |                                                                 |  | 
| |  | --------------------------------------------------------------- |  | 
| |  | /s/ John Okubo                                                  |  | 
| |  |                                                                 |  | 
| |  | John Okubo
Executive Vice President and
Chief Financial Officer |  | 

9