Correction: ABN AMRO's $156.6MM P-T Ctfs 2002-2 Rated By Fitch Ratings.

Business Editors

NEW YORK--(BUSINESS WIRE)--Feb. 28, 2002

(This is an amended version of a press release from yesterday containing updated information on the 15-year fixed-rate mortgage loans, as opposed to 30-year in the original release. See paragraph 3.)

ABN AMRO Mortgage Corporation's (AMAC) multi-class mortgage pass-through

certificates, series 2002-2 classes A-1, A-2, A-3, A-X, A-P, and R are rated 'AAA' by Fitch Ratings.

The 'AAA' rating on the class A senior certificates reflects the 1.25% subordination provided by the 0.55% class M, the 0.25% class B-1, the 0.20% class B-2, and the 0.25% privately offered class B certificates. Fitch believes the amount of credit enhancement will be sufficient to cover credit losses, including limited bankruptcy, fraud and special hazard losses. The ratings also reflect the high quality of the underlying collateral, the integrity of the legal and financial structures and the servicing capabilities of ABN AMRO Mortgage Group, Inc (rated RPS2 by Fitch).

The mortgage pool consists of recently originated, 15-year fixed-rate mortgage loans secured by one- to four- family residential properties located primarily in California (23.63%), Illinois (10.83%), and Michigan (9.94%). The weighted average original loan to value ratio (OLTV) of the pool is approximately 61.68%. Approximately 0.79% of the mortgage loans has an OLTV greater than 80%. The weighted average coupon of the 15-year loans is 6.32%. The weighted average remaining term is 179 months. The weighted average FICO is 746.

ABN AMRO Mortgage Group, Inc. (AAMG) originated 100% of the loans. The loans will be serviced by AAMG and JPMorgan Chase Bank will serve as trustee. AMAC, a special purpose corporation, deposited the loans into the trust, which then issued the certificates. For federal income tax purposes, the offered certificates will be treated as ownership of debt.