Fitch Upgrades & Affirms Classes From 5 ABN AMRO RMBS Securitizations.

Business Editors

NEW YORK--(BUSINESS WIRE)--March 20, 2003

Fitch Ratings has upgraded 18 classes and affirmed 7 classes of ABN AMRO Mortgage Corporation (AMAC) residential mortgage-backed certificates, as follows:

ABN AMRO (AMAC), mortgage pass-through certificates,

-- Class M to 'AAA' from 'AA';

-- Class B-1 to 'AA+' from 'A';

-- Class B-2 to 'A+' from 'BBB';

-- Class B-3 affirmed at 'BB';

-- Class B-4 affirmed at 'B'.

ABN AMRO (AMAC.), mortgage pass-through certificates, series 2001-2

-- Class M to 'AAA' from 'AA';

-- Class B-1 to 'AA+' from 'A';

-- Class B-2 to 'A+' from 'BBB';

-- Class B-3 affirmed at 'BB';

-- Class B-4 affirmed at 'B'.

ABN AMRO (AMAC), mortgage pass-through certificates, series 2001-3

-- Class M to 'AAA' from 'AA';

-- Class B-1 to 'AA+' from 'A';

-- Class B-2 to 'AA-' from 'BBB';

-- Class B-3 to 'BBB' from 'BB';

-- Class B-4 affirmed at 'B'.

ABN AMRO (AMAC), mortgage pass-through certificates, series 2001-4

-- Class M to 'AAA' from 'AA';

-- Class B-1 to 'AA+' from 'A';

-- Class B-2 to 'AA-' from 'BBB';

-- Class B-3 to 'BBB+' from 'BB';

-- Class B-4 to 'BB' from 'B'.

ABN AMRO (AMAC), mortgage pass-through certificates, series 2001-5 Pool 1

-- Class M to 'AAA' from 'AA';

-- Class B-1 to 'AA' from 'A';

-- Class B-2 to 'A' from 'BBB';

-- Class B-3 affirmed at 'BB';

-- Class B-4 affirmed at 'B'.

These rating actions are being taken as a result of low delinquencies and losses, as well as increased credit support.

Further information regarding current delinquency, loss and credit enhancement statistics is available on the Fitch Ratings web site at 'www.fitchratings.com'.