UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549
                               ------------------


                                   FORM 10-K/A

[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

[ ]      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 333-69800-02
                                                                  ------------

                               CHEC FUNDING, LLC
             on behalf of itself and the Trust described below with
                      respect to which it is the depositor
             (Exact name of registrant as specified in its charter)


         Delaware                                       76-2851805
 (State or other jurisdiction of               (IRS Employer Identification No.)
       incorporation)

      2728 North Harwood
        Dallas, Texas                                     75201
(Address of principal executive offices)                (Zip Code)

Registrant's telephone number, including area code :  (214) 981-5000

        Centex Home Equity Loan Asset-Backed Certificates, Series 2002-B,
                 issued by Centex Home Equity Loan Trust 2002-B
           (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 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  filing
requirements for the past 90 days. Yes [X] No [ ]

Indicate by check mark if disclosure of delinquent  filers  pursuant to Item 405
of Regulation  S-K is not contained  herein,  and will not be contained,  to the
best of registrant's  knowledge,  in definitive proxy or information  statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [X]

Documents incorporated by reference:  None




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                             AMENDMENT NUMBER 1 OF 1

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CHEC FUNDING, LLC
Centex Home Equity Loan Trust 2002-B
Centex Home Equity Loan Asset-Backed Certificates, Series 2002-B
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PART IV

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

(a) The following documents are filed as part of this report:

    (1) Financial Statements:
         Omitted.

    (2)  Financial Statement Schedules:
         Omitted.

    (3)  Exhibits:

     Annual  Independent  Accountant's  Servicing Report,
        filed as Exhibit 99.1 hereto.

     Report of Management as to Compliance with Minimum Servicing  Standards,
        filed as Exhibit 99.2 hereto.

(b) Reports on Form 8-K: The following  Current Reports on Form 8-K with respect
    to the Trust were filed by the Registrant for the last quarter of 2002.

    Current  Reports on Form 8-K dated  October 25, 2002,  November  25,  2002,
    and December  26, 2002 were filed for the  purpose of filing the  Monthly
    Statement sent to the Holders of the Offered  Certificates  for payments
    made on the same date. The items reported in such Current Report were
    Item 5 (Other Events).

(c) Exhibits to this report are listed in Item (14)(a)(3) above.

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<PAGE>

CHEC FUNDING, LLC
Centex Home Equity Loan Trust 2002-B
Centex Home Equity Loan Asset-Backed Certificates, Series 2002-B
-------------------------------------------------------------------------------


Annual report  pursuant to Section 13 or 15(d) of the  Securities  Exchange
Act of 1934 for the fiscal year ended December 31, 2002


SIGNATURE

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


                        Centex Home Equity Company, LLC, as Servicer of the
                        Centex Home Equity Loan Trust 2002-B

                   By:
                        /s/ Jesse K. Bray
                        --------------------------------------
                   Name:    Jesse K. Bray
                   Title:   Executive Vice President/Chief Financial Officer

                   Date:    September 18, 2003




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                          SARBANES-OXLEY CERTIFICATION


I, Jesse K. Bray, certify that:

     1. I have reviewed  this annual  report on Form 10-K/A,  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 Centex Home
Equity Loan Trust 2002-B;

     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  or  servicing  information
required to be provided  to the  trustee by the  servicer  under the pooling and
servicing, or similar,  agreement, for inclusion in these reports is included in
these reports;

     4. I am responsible for reviewing the activities  performed by the servicer
under the  pooling  and  servicing,  or  similar,  agreement  and based  upon my
knowledge and the annual  compliance  review required under that agreement,  and
except as disclosed in the reports,  the servicer has fulfilled its  obligations
under that 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,  or  similar,
agreement that is included in these reports.

     In giving the certifications above, I have reasonably relied on information
provided to me by the following  unaffiliated  parties:  JPMorgan Chase Bank, as
Trustee.

                   By:
                        /s/ Jesse K. Bray
                        --------------------------------------
                 Name:  Jesse K. Bray
              Company:  Centex Home Equity Company, LLC as Servicer
                Title:  Executive Vice President/Chief Financial Officer

                 Date:  September 18, 2003

                                      -5-

<page>

                                 EXHIBIT INDEX

Exhibit Description

99.1    Annual Independent Accountant's Servicing Report

99.2    Report of Management as to Compliance with Minimum Servicing Standards


                                      -6-

<page>

                                  EXHIBIT 99.1
                Annual Independent Accountant's Servicing Report

                                      -7-


Ernest & Young LLP
Dallas, Texas


                 Report on Management's Assertion on Compliance
               With Minimum Servicing Standards Set Forth in the
            Uniform Single Attestation Program for Mortgage Bankers

                       Report of Independent Accountants

Board of Directors of
Centex Home Equity Company, LLC and Subsidiaries and
CTX Mortgage Funding, LLC

We have examined  management's  assertion,  included in the accompanying  report
titled  Report  of  Management,   that  Centex  Home  Equity  Company,  LLC  and
subsidiaries  and  CTX  Mortgage  Funding,  LLC  (collectively,  the  Companies)
complied with the minimum servicing  standands set forth in the Mortgage Bankers
Association of America's Uniform Single Attestation Program for Mortgage Bankers
(USAP)  during the period ended March 31, 2003.  Management is  responsible  for
AAMG's compliance with those  requirements.  Our responsibility is to express an
opinion on management's  assertions about the Companies' compliance based on our
examination.

Our examination was made in accordance with attestation standards established by
the American Institute of Certified Pubic Accountants and, accordingly, included
examining,  on a test basis, evidence about the Companies' 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 on the Companies'  compliance  with specified
requirements.

In  our  opinion,  management's  assertion,  the  Companies  complied  with  the
aforementioned  requirements  during the period ended March 31, 2003,  is fairly
stated, in all material respects.

This  report  is  intended  solely  for the  information  and  use of the  audit
committee,  management and the Companies'  private investors and is not intended
to be and should not be used by anyone other than these specified parties.

Ernest & Young LLP

May 16, 2003


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<page>

                                  EXHIBIT 99.2
     Report of Management as to Compliance with Minimum Servicing Standards


                                      -9-


Centex Home Equity Corporation


           Management's Assertion on Compliance With Minimum Servicing
                           Standards Set Forth in the
             Uniform Single Attestation Program for Mortgage Bankers

                              Report of Management


We, as members of management of Centex Home Equity Company, LLC and Subsidiaries
and CTX Mortgage  Funding,  LLC (the  Companies),  are responsible for complying
with the  minimum  servicing  standards  as set  forth in the  Mortgage  Bankers
Association of America's Uniform Single Attestation Program for Mortgage Bankers
(USAP).  We are also  responsible for  establishing  and  maintaining  effective
interenal  control over  compliance with these  standards.  We have performed an
evaluation of the Companies'  compliance with the minimum servicing standards as
set forth in the USAP as of March 31, 2003 and for the period then ended.  Based
on this  evaluation,  we assert that during the year ended March 31,  2003,  the
Companies  complied,  in all  material  respects,  with  the  minimum  servicing
standards set forth in the USAP.

As of and for this same period,  the  Companies had in effect a fidelity bond in
the amount of $40 million and an errors and omissions policy in the amount of $6
million.

/s/  Jay Bray
------------------------
Jay Bray
Executive Vice President,
Chief Financial Officer

/s/ Bryan Marshall
------------------------
Bryan Marshall
Senior Vice President, Finance

May 16, 2003

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