**UNITEDSTATES SECURITIES AND EXCHANGE COMMISSION**

****

**WASHINGTON, DC 20549**

**FORM10-K**

x          ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934

For thefiscal year ended December 31, 2001

OR

 ̈           TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934

For thetransition period from __________ to __________

| CommissionFileNumber   000-23849   |
|-------------------------------------------------------------|
|                                                             |
| **UNIONPLANTERS MORTGAGE FINANCE CORP.**                    |
| (Exact nameof registrant as specified in its charter)       |

|           Delaware           |  |           62-1712370        |
|----------------------------------------------------------------------------------------------------------------------------------|--|------------------------------------------------------------------------------------------------------------------|
| (State orother Jurisdiction of Incorporation or Organization)                                                                    |  | (IRSEmployer Identification No.)                                                                                 |

| UnionPlanters Corporation               |
|-----------------------------------------|
| 6200 PoplarAve.                         |
| Memphis,Tennessee 38119                 |
| (Address ofprincipal executive offices) |

Registrant’s telephone number, includingarea code:        (901)580-6000          

Securitiesregistered pursuant to Section 12(b) of the Act:            None                  

Securitiesregistered pursuant to Section 12(g) of the Act:             CommonStock, par value $0.01 per share             

Indicate by check markwhether the Registrant (i) has filed all reports required to befiled by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such short period that theRegistrant was required to file such report) and (ii) has beensubject to such filing requirements for the past 90days:

Yes  þ             No    ̈

Indicate by check mark ifdisclosure of delinquent filers pursuant to Item 405 of RegulationS-K (§229.405 of this chapter) is not contained herein andwill not be contained, to the best of registrant’s knowledge,in definitive proxy or information statements incorporated byreference in Part III of this Form 10-K or any amendment to thisForm 10-K.þ

Aggregate market value ofvoting stock held by nonaffiliates of the Registrant as of thelatest practicable date, February 28, 2002:  NONE

As of February 28, 2002,the latest practicable date, there were 1,000 shares of UnionPlanters Mortgage Finance Corp. common stock outstanding, all ofwhich are owned by Union Planters Bank, National Association, awholly-owned subsidiary of Union Planters Corporation.

**The registrant meetsthe conditions set forth in General Instruction I(1)(a) and (b) ofForm 10-K and, therefore, is furnishing the abbreviated narrativedisclosure specified in Paragraph (2) of General InstructionI.**

**PARTI**

***Item1******3⁄4Business***

Union Planters MortgageFinance Corp. (the “Company”) was established September5, 1997 as a wholly-owned, limited purpose, finance subsidiary ofUnion Planters Bank, National Association (the “Bank”),which in turn is a subsidiary of Union Planters Corporation(“UPC”).  The Company was organized to facilitatethe securitization of loans and other assets through the issuanceand sale of collateralized bonds and pass-through securitiesthrough trusts established by the Company.  Securities issuedthrough trusts are secured primarily by residential mortgage loansand mortgage-backed certificates of various types. In the future,the Company may finance other types of loans and assets.

The Company competes in anational market with other private conduits and various financialfirms. Economic conditions, interest rates, regulatory changes andmarket dynamics all influence the securities market.

***Item2******3⁄4Properties***

The Company has nophysical properties.

***Item3******3⁄4LegalProceedings***

None.

***Item4******3⁄4Submissionof Matters to a Vote of Security Holders***

Information in response tothis Item is omitted pursuant to General Instruction I.

****

**PARTII**

***Item5******3⁄4Market forRegistrant’s Common Equity and Related StockholderMatters***

All of the Company’soutstanding common stock is owned by Union Planters Bank, NationalAssociation. Accordingly, there is no market for its commonstock.

***Item6******3⁄4SelectedFinancial Data***

Information in response tothis Item is omitted pursuant to General Instruction I.

***Item7******3⁄4Management’s Discussion and Analysisof Financial Condition and Results of Operation***

During 2001, the Companyincurred expenses related to the audit of its financialstatements.

In July 2000, the Companysecuritized approximately $127 million of FHA-insured andVA-guaranteed mortgage loans serviced by the Bank. The loanscontinue to be serviced by the Bank for a fee (.5% to 1%).Affiliates of the Company purchased all of the subordinatedsecurities issued in this transaction, with an approximate marketvalue of $6.0 million. This securitization, treated as a sale, didnot result in any gain or loss for the Company. All expensesrelated to the transactions were borne by the Bank. Credit lossesnot covered by insurance or guarantee are absorbed by subordinatedsecurity holders or, in limited circumstances, the Bank asservicer. Therefore, the Company carries no loan lossreserves.

In February 1999, theCompany securitized approximately $132 million in principal amountof previously defaulted FHA-insured and VA-guaranteed mortgageloans serviced by the Bank. The loans securitized had aweighted-average maturity of 222 months and a weighted-averageinterest rate of 9.67% per annum. The loans will continue to beserviced by the Bank for a one percent fee. Affiliates of theCompany purchased all of the subordinated securities issued in thistransaction, with an approximate market value of $9.3 million. Thissecuritization, treated as a sale, resulted in a gross gain ofapproximately $5.4 million before costs and expenses.Securitization costs and expenses accrued by the Company wereapproximately $829,000. Securitization costs and expenses includedunderwriting costs, legal and accounting fees, as well as cost toprepare, record and deliver loan documents and files. Credit lossesnot covered by insurance or guarantees are absorbed by subordinatedsecurity holders or, in limited circumstances, the Bank asservicer. Therefore, the Company carries no loan loss reserves.Excess cash resulting primarily from the net gain of $4.5 millionresulted in declaration of a dividend payment to the Bank of $3.0million.

******

***Item7A******3⁄4Quantitative and Qualitative DisclosuresAbout Market Risks***

Not Applicable.

***Item8******3⁄4FinancialStatements and Supplementary Data***

AUDITEDFINANCIAL STATEMENTS

UNIONPLANTERS MORTGAGE FINANCE CORP.
|                                                                                                                                                        | Page |
|--------------------------------------------------------------------------------------------------------------------------------------------------------|------|
| Report of IndependentAccountants..............................................................................................................         | 4    |
| Balance Sheet - December31, 2001 and2000.................................................................................................              | 5    |
| Statement of Operations -For the years ended December 31, 2001, 2000 and1999.................................                                          | 6    |
| Statement ofShareholder’s Equity - For the years ended December 31, 2001,2000 and 1999...............                                            | 7    |
| Statement of Cash Flows -For the years ended December 31, 2001, 2000 and1999................................                                           | 8    |
| Notes to FinancialStatements.......................................................................................................................... | 9    |

****

**REPORTOF INDEPENDENT ACCOUNTANTS**

To the Board of Directorsand Shareholder of Union Planters Mortgage Finance Corp.

In our opinion, theaccompanying balance sheet and the related statements ofoperations, changes in shareholder’s equity and cash flowspresent fairly, in all material respects, the financial position ofUnion Planters Mortgage Finance Corp. (the “Company”)at December 31, 2001 and 2000 and the results of its operations andits cash flows for each of the three years in the period endedDecember 31, 2001, in conformity with accounting principlesgenerally accepted in the United States of America. These financialstatements are the responsibility of the Company’smanagement; our responsibility is to express an opinion on thesefinancial statements based on our audits. We conducted our auditsof these statements in accordance with auditing standards generallyaccepted in the United States of America, which require that weplan and perform the audit to obtain reasonable assurance aboutwhether the financial statements are free of material misstatement.An audit includes examining, on a test basis, evidence supportingthe amounts and disclosures in the financial statements, assessingthe accounting principles used and significant estimates made bymanagement and evaluating the overall financial statementpresentation. We believe that our audits provide a reasonable basisfor our opinion.

/s/ PricewaterhouseCoopersLLP

Memphis,Tennessee

March 21, 2002

**UnionPlanters Mortgage Finance Corp.**

**BalanceSheet**

****

****

|                                                                                                                                                           |                                                                                                         | **December31,**                                                                        |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------|
|                                                                                                                                                                | **   2001   **                                                            | **   2000   **                                           |   |
|                                                                                                                                                           |                                                                                                         | **(Dollarsin thousands)**                                                              |
|                                                                                                                                                           |                                                                                                         |                                                                                        |
| **Assets**                                                                                                                                                     |                                                                                                         |                                                                                        |   |
| Cash................................................................................................................                                           |   $         355                                  |   $        245                            |   |
| Income taxreceivable...................................................................................                                                        |              129                       |             273            |   |
| Deferred taxasset.........................................................................................                                                     |               —             |              77       |   |
|          **Totalassets**......................................................................................... |   $         484                                  |   $        595                            |   |
|                                                                                                                                                                |                                                                                                         |                                                                                        |   |
| **Liabilities andshareholder’s equity**                                                                                                                  |                                                                                                         |                                                                                        |   |
| Accruedexpenses........................................................................................                                                        |   $          —                        |   $        220                            |   |
| Deferred taxliability.....................................................................................                                                     |                  9 |              —  |   |
| Taxes payable toaffiliates...........................................................................                                                          |               —             |              25       |   |
|          **Totalliabilities**...................................................................................  |                  9      |            245                  |   |
|                                                                                                                                                                |                                                                                                         |                                                                                        |   |
| Shareholder’sequity                                                                                                                                      |                                                                                                         |                                                                                        |   |
|   Common stock, parvalue $.01 per share,                                                                                                                  |                                                                                                         |                                                                                        |   |
|     1,000 shares authorized, issued andoutstanding..............................                                                           |                —       |              —  |   |
|   Additional paid-incapital..........................................................................                                                     |                10            |               10 |   |
|   Retainedearnings.......................................................................................                                                 |              465                       |            340                  |   |
|          **Total shareholder’sequity**...............................................................       |              475                       |            350                  |   |
|          **Total liabilities and shareholder’sequity**.....................................                 |   $         484                                  |   $        595                            |   |

____________________

The accompanying notes arean integral part of these financial statements.

**UnionPlanters Mortgage Finance Corp.**

**Statement of Operations**

****

****

|                                                                                                       | **For theYears Ended**                                                                                               |
|-------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------|
|                                                                                                       | **December31,**                                                                                                      |
|                                                                                                       | **   2001  **                                                                                    | **  2000  ** | **  1999  ** |   |
|                                                                                                       | **(Dollarsin thousands)**                                                                                            |
| **Noninterestincome**                                                                                 |                                                                                                                      |  |  |   |
|   Net gain on thesale of residential mortgages..............                                     |      $           —             |      $           — |      $        4,521 |   |
|   Other miscellaneousincome...........................................                           |                  220            |                   — |                   — |   |
|     Total noninterestincome..............................................         |                  220            |                   — |               4,521 |   |
|                                                                                                       |                                                                                                                      |  |  |   |
| **Noninterestexpense**                                                                                |                                                                                                                      |  |  |   |
|   Professionalfees...............................................................                |                    15 |                    15 |                    15 |   |
|     Total noninterestexpense............................................          |                    15 |                    15 |                    15 |   |
|                                                                                                       |                                                                                                                      |  |  |   |
|     **Earnings (loss) before incometaxes**..........................              |                   205      |                    (15) |                4,506 |   |
| Income tax expense(benefit).............................................                              |                    80 |                    (5) |               1,582 |   |
|     **Net earnings(loss)**....................................................... |      $          125                       |      $          (10) |      $        2,924 |   |

____________________

The accompanying notes arean integral part of these financial statements.

**UnionPlanters Mortgage Finance Corp.**

**Statement of Changes in Shareholder’sEquity**

|                                                                      |                                                                                                                           | **Additional**                                                                                                            |                                                                                                      |                                                                                                      |   |
|----------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------|--------|
|                                                                      | **Common**                                                                                                                | **Paid-in**                                                                                                               | **Retained**                                                                                         |                                                                                                      |   |
|                                                                      | **   Stock   **                                                                             | **Capital**                                                                                                               | **Earnings**                                                                                         | **   Total   **                                                        |   |
|                                                                      | **(Dollarsin thousands)**                                                                                                 |
| **Balance, December 31,1998**........................                |   $             —                        |   $              10                       |   $            426             |   $            436             |   |
| Netearnings.....................................................     |                    — |                    — |               2,924            |               2,924            |   |
| Dividendspaid.................................................       |                  —             |                  —             |            (3,000)                            |            (3,000)                            |   |
| **Balance, December 31,1999**........................                |                  —             |                   10            |                 350  |                 360  |   |
| Netloss............................................................. |                  —             |                  —             |                 (10) |                 (10) |   |
| **Balance, December 31,2000**........................                |                  —             |                   10            |                 340  |                 350  |   |
| Netearnings.....................................................     |                  —             |                  —             |                 125  |                 125  |   |
| **Balance, December 31,2001**........................                |   $             —                        |   $              10                       |   $            465             |   $            475             |   |

____________________

The accompanying notes arean integral part of these financial statements.

**UnionPlanters Mortgage Finance Corp.**

**Statement of Cash Flows**

|                                                                                                                                                                                                            | **For theYears Ended**                                                                            |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                            | **December31,**                                                                                   |
|                                                                                                                                                                                                            | **   2001   **                                                      | **   2000   ** | **   1999   ** |
|                                                                                                                                                                                                            | **(Dollarsin thousands)**                                                                         |
| **Operatingactivities**                                                                                                                                                                                    |                                                                                                   |  |  |
|   Net earnings(loss).....................................................................................                                                                                             |   $         125                            |   $         (10) |   $       2,924 |
|   Deferred income taxbenefit......................................................................                                                                                                    |                77      |               (32) |               (10) |
|   Gain on sale ofloans..................................................................................                                                                                              |                — |                — |          (4,521) |
|   Net decrease(increase) in income taxreceivable..................................                                                                                                                    |              144                 |             (273) |                — |
|   Net (decrease)increase in accrued expenses and taxes payable to

   affiliates...................................................................................................... |            (236)                           |                71 |                73 |
|          Net cash provided (used) by operatingactivities.........................                                                                             |               110                |            (244) |          (1,534) |
|                                                                                                                                                                                                            |                                                                                                   |  |  |
| **Investingactivities**                                                                                                                                                                                    |                                                                                                   |  |  |
|   Purchase of loansfrom parentcompany................................................                                                                                                                 |                — |      (127,060) |      (132,467) |
|   Proceeds from saleof loans to atrust.....................................................                                                                                                           |                — |       127,060 |       137,817 |
|   Costs related tosale of loans to atrust..................................................                                                                                                           |               —       |               — |            (829) |
|          Net cash provided by investingactivities......................................                                                                       |               —       |               — |           4,521 |
|                                                                                                                                                                                                            |                                                                                                   |  |  |
| **Financingactivities**                                                                                                                                                                                    |                                                                                                   |  |  |
|   Issuance of notespayable to parentcompany......................................                                                                                                                     |                — |       127,060 |       132,467 |
|   Repayment of notespayable to parentcompany..................................                                                                                                                        |                — |      (127,060) |      (132,467) |
|   Cash dividendspaid..................................................................................                                                                                                |               —       |               — |          (3,000) |
|          Net cash used by financingactivities.............................................                                                                    |               —       |               — |          (3,000) |
| Net increase (decrease) incash..................................................................                                                                                                           |              110                 |             (244) |               (13) |
| Cash at beginning ofyear...........................................................................                                                                                                        |              245                 |              489 |              502 |
| Cash at end ofyear.......................................................................................                                                                                                  |   $         355                            |   $         245 |   $         489 |

____________________

The accompanying notes arean integral part of these financial statements.

**UNIONPLANTERS MORTGAGE FINANCE CORP.**

**Notes toFinancial Statements**

# **Note 1.  Businessand Summary of Significant Accounting Policies**

******

***Business.***  Union PlantersMortgage Finance Corp. (the “Company”) was establishedSeptember 5, 1997 as a wholly-owned, limited purpose, financesubsidiary of Union Planters Bank, National Association (the“Bank”), which in turn is a subsidiary of UnionPlanters Corporation (“UPC”).  The Company wasorganized to facilitate the securitization of loans and otherassets through the issuance and sale of collateralized bonds andpass-through securities through trusts established by theCompany.  Securities issued through trusts are securedprimarily by residential mortgage loans and mortgage-backedcertificates of various types.  In the future, the Company mayfinance other types of loans and assets.

***Use ofEstimates.***  The accounting and reportingpolicies of Union Planters Mortgage Finance Corp. conform toaccounting principles generally accepted in the United States ofAmerica and general practice within the financial servicesindustry.  The preparation of financial statements inaccordance with generally accepted accounting principles requiresmanagement to make estimates and assumptions that affect theamounts reported in the financial statements and accompanyingnotes; actual results could differ from these estimates.

***Basis ofPresentation.***  The financial statements includethe accounts of the Company.  These financial statements donot include the accounts of the trusts established to carry out theissuance and sale of collateralized bonds and pass-throughsecurities.

**Note 2.  Sale ofLoans**

In 2001, the Company didnot sell any loans.  In 2000 and 1999, the Company securitizedapproximately $127 million and $132 million, respectively, inprincipal amount of previously defaulted FHA insured and VAguaranteed mortgage loans serviced by the Bank.  Thetransactions were accounted for as sales in accordance with theprovisions of Statement of Financial Accounting Standards(“SFAS”) No. 140, “Accounting for Transfers andServicing of Financial Assets and Extinguishments ofLiabilities.”  The following summarizes thegains:

|                                                                                                                                         | **For theYears Ended**                                                                                        |
|-----------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------|
|                                                                                                                                         | **       December31,       **           |
|                                                                                                                                         | **   2001   **                                                                  | **   2000   ** | **   1999   ** |   |
|                                                                                                                                         | **(Dollarsin thousands)**                                                                                     |
|                                                                                                                                         |                                                                                                               |  |  |   |
| Proceeds from sale ofloans..............................................                                                                |   $            —                  |   $    127,060 |   $    137,817 |   |
| Principal balance ofloans..................................................                                                             |                 —       |        (127,060) |        (132,467) |   |
|          Gain............................................................................. |                  — |                  — |             5,350 |   |
| Costs.....................................................................................                                              |                 —       |                 — |              (829) |   |
|          Net gain on thesale..................................................             |   $            —                  |   $            — |   $        4,521 |   |

**Note 3.  IncomeTaxes**

Income taxes are computedon a separate company basis.  The Company files a consolidatedfederal income tax return with the Bank and UPC.  Deferredincome taxes are provided in accordance with SFAS No. 109,“Accounting for Income Taxes.”  The components ofincome tax expense (benefit) are as follows:

|                                                                                                                  | **For theYears Ended**                                                                                               |                                                                                                       |
|------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------|
|                                                                                                                  | **       December31,       **                  |                                                                                                       |
|                                                                                                                  | **   2001   **                                                                         | **   2000   **                                                               | **   1999   ** |
|                                                                                                                  | **(Dollarsin thousands)**                                                                                            |                                                                                                       |
|                                                                                                                  |                                                                                                                      |                                                                                                            |  |
| Current..................................................................................                        |   $               (5)                |   $               27  |   $          1,592 |
| Deferred................................................................................                         |                    85 |                  (32) |                  (10) |
|          Total income tax expense(benefit)......................... |   $               80            |   $               (5) |   $          1,582 |

The Company’seffective tax rate does not differ from the federal statutory rateof 35%.

**Note 4.  RelatedParty**

The Company is financiallydependent on agreements with the Bank to effect certain of itsoperations, including providing loans and other assets forsecuritization and sale.  The Company is also financiallydependent on agreements with UPC.

***Item9******3⁄4Changes inand Disagreements with Accountants on Accounting and FinancialDisclosure***

None.

**PARTIII**

***Item10******3⁄4Directorsand Executive Officers of the Registrant***

Information in response tothis Item is omitted pursuant to General Instruction I.

***Item11******3⁄4ExecutiveCompensation***

Information in response tothis Item is omitted pursuant to General Instruction I.

***Item12******3⁄4SecurityOwnership of Certain Beneficial Owners and Management***

****

Information in response tothis Item is omitted pursuant to General Instruction I.

***Item13******3⁄4CertainRelationships and Related Transactions***

Information in response tothis Item is omitted pursuant to General Instruction I.

**PARTIV**

***Item14******3⁄4Exhibits,Financial Statement Schedules and Reports on Form 8-K***

(a)(1)           Index to financial statements is included in Item 8.

(a)(2)           Not applicable.

(a)(3)           Exhibits.

3.1     Certificate ofIncorporation of the Registrant (Incorporated herein by referenceto the Exhibits to Registrant’s Registration Statement No.333-35471 on Form S-3, filed September 12, 1997).

3.2     Amended and RestatedBylaws of the Registrant (Incorporated herein by reference to theExhibits to Pre-Effective Amendment No. 3 to the Registrant’sRegistration Statement No. 333-35471 on Form S-3, filed January 16,1998).

4.1     Standard Terms toPooling and Servicing Agreement (January 1998 Edition)(Incorporated herein by reference to the Exhibits to Pre-EffectiveAmendment No. 3 to the Registrant’s Registration StatementNo. 333-35471 on Form S-3, filed January 16, 1998).

4.2     Form of Indenturebetween Registrant and Trustee (Incorporated herein by reference tothe Exhibits to Pre-Effective Amendment No. 3 to theRegistrant’s Registration Statement No. 333-35471 on FormS‐3, filed January 16, 1998).

4.3     Form of TrustAgreement between Registrant and Trustee (Incorporated herein byreference to the Exhibits to Pre-Effective Amendment No. 3 to theRegistrant’s Registration Statement No. 333-35471 on FormS‐3, filed January 16, 1998).

4.4     Form of Deposit TrustAgreement between Registrant and Trustee (Incorporated herein byreference to the Exhibits to Pre-Effective Amendment No. 3 to theRegistrant’s Registration Statement No. 333-35471 on FormS-3, filed January 16, 1998).

4.5     Standard Terms toPooling and Servicing Agreement (May 1998 Edition) (Incorporatedherein by reference to Exhibit to the Registrant’s CurrentReport on Form 8-K , filed June 11, 1998).

4.6     Copy of the Series1998-1 Pooling and Servicing Agreement, dated as of May 1, 1998, byand among the Registrant, Union Planters Bank, N.A., as MasterServicer, The Bank of New York, as Contract of Insurance Holder andThe Bank of New York, as Trustee (Incorporated herein by referenceto Exhibit to the Registrant’s Current Report on Form 8-K ,filed June 11, 1998).

4.7     Copy of Series 1999-1Pooling and Servicing Agreement, dated as of February 1, 1999, byand among the Registrant, Union Planters Bank, N.A., as MasterServicer and Contract of Insurance Holder and The Bank of New York,as Trustee (Incorporated herein by reference to Exhibit to theRegistrant’s Current Report on Form 8-K, filed March 2,1999).

4.8     Copy of Series 2000-1Pooling and Servicing Agreement, dated as of July 1, 2000, by andamong the Registrant, Union Planters Bank, N.A., as Master Servicerand Contract of Insurance Holder and the Bank of New York, asTrustee (Incorporated herein by reference to Exhibit to theRegistrant’s Current Report on Form 8-K, filed August 4,2000).

99.1   Form ofSales Agreement between the Registrant, as Purchaser and the Seller(Incorporated herein by reference to the Exhibits to Pre-EffectiveAmendment No. 3 to the Registrant’s Registration StatementNo. 333-35471 on Form S-3, filed January 16, 1998).

99.2   Form ofSupplemental Servicing Agreement (Incorporated herein by referenceto the Exhibits to Pre-Effective Amendment No. 3 to theRegistrant’s Registration Statement No. 333-35471 on FormS-3, filed January 16, 1998).

The Registrant filed the following current reports on Form 8-Kfor the fourth quarter of 2001.

         None.

(c)     Exhibits

         Please refer to Item 14(a)(3) herein above.

(d)     Additional financialstatements

         (1)        Separate FinancialStatements of subsidiaries not consolidated andfifty-percent-or-less persons.

                     None.

         (2)        Affiliates whosesecurities are pledged as collateral

                     None.

         (3)        Schedules

                     None.

**SIGNATURES**

Pursuant to therequirements of Section 13 or 15(d) of the securities Exchange Actof 1934, the Registrant has duly caused this report to be signed onits behalf by the undersigned, thereunto dulyauthorized.

**                                                                                                **

|                                                                                                                                |  | **UNION PLANTERS MORTGAGEFINANCE CORP.**                                                                                                                                                                                                        |
|--------------------------------------------------------------------------------------------------------------------------------|--|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                |  | *(Registrant)*                                                                                                                                                                                                                                  |
|                                                                                                                                |  |                                                                                                                                                                                                                                                 |
| Dated:        March21,2002           |  | By: /s/ Lou AnnPoynter                                      |
|                                                                                                                                |  | Lou Ann Poynter                                                                                                                                                                                                                                 |
|                                                                                                                                |  | President and ChiefExecutive Officer                                                                                                                                                                                                            |
|                                                                                                                                |  |                                                                                                                                                                                                                                                 |
| Dated:        March21,2002           |  | By:/s/ Douglas R.Miller                                     |
|                                                                                                                                |  | Douglas R.Miller                                                                                                                                                                                                                                |
|                                                                                                                                |  | Vice President andSecretary                                                                                                                                                                                                                     |
|                                                                                                                                |  | *(Principal FinancialOfficer)*                                                                                                                                                                                                                  |

Pursuant to therequirements of the Securities Exchange Act of 1934, this reporthas been signed below by the following persons on behalf of theRegistrant and in the capacities and on March 21, 2001.

| By: /s/ Lou AnnPoynter                                              |  | By:/s/ Douglas R.Miller                                               |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Lou Ann Poynter                                                                                                                                                                                                 |  | Douglas R.Miller                                                                                                                                                                                                                      |
| President and ChiefExecutive Officer                                                                                                                                                                            |  | Vice President andSecretary                                                                                                                                                                                                           |
|                                                                                                                                                                                                                 |  | *(Principal FinancialOfficer)*                                                                                                                                                                                                        |
|                                                                                                                                                                                                                 |  |                                                                                                                                                                                                                                       |
| /s/ Leslie M.Stratton                                |  | /s/ John E.Gnuschke                                    |
| Leslie M.Stratton                                                                                                                                                                                               |  | John E.Gnuschke                                                                                                                                                                                                                       |
| Director                                                                                                                                                                                                        |  | Director                                                                                                                                                                                                                              |