<HTML>

<TITLE>Form 8-K</TITLE>
<BODY LEFTMARGIN="0" TOPMARGIN="0" BOTTOMMARGIN="0" RIGHTMARGIN="0">

<DIV  style="z-index:25; position:absolute; left:24PX; top:30PX; width:672PX; height:20PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION </td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:65PX; width:672PX; height:19PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">WASHINGTON, D.C. 20549</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:99PX; width:672PX; height:19PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">FORM 8-K</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:118PX; width:672PX; height:20PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">CURRENT REPORT</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:153PX; width:672PX; height:19PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:187PX; width:672PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Date of Report (date of earliest event reported):</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:220PX; width:672PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Fleet Home Equity Loan Trust 2001-1</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:237PX; width:672PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">(Exact name or Registrant as specified in its charter)</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:96PX; top:269PX; width:192PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="187PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">New York</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:288PX; top:269PX; width:176PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="171PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Reg. No.333-53662</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:464PX; top:269PX; width:152PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="147PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Not Required</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:96PX; top:286PX; width:192PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="187PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">(State or other jurisdiction of </td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:96PX; top:303PX; width:192PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="187PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">incorporation) </td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:288PX; top:286PX; width:176PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="171PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">(Commission File Number)</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:464PX; top:286PX; width:152PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="147PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">(I.R.S. Employer </td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:464PX; top:303PX; width:152PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="147PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Identification Number)</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:350PX; width:672PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Fleet National Bank</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:367PX; width:672PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Attention: William Mutterperl, General Counsel</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:418PX; width:672PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">(Address of Seller/Servicer)</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:465PX; width:672PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">100 Federal Street</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:482PX; width:672PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Boston, Massachusetts 02110</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:499PX; width:672PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">(Address of principal executive offices)</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:546PX; width:672PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">(617) 434-2200 (Telephone Number of Seller/Servicer)</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:563PX; width:672PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">(Registrant's Telephone Number)</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:640PX; width:672PX; height:15PX; " class="adornment10" >
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Items 1-4. </td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:686PX; width:672PX; height:15PX; " class="adornment10" >
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Item 5. Other Events.</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:699PX; width:128PX; height:15PX; " class="adornment10" >
<table width="123PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Information from the </td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:716PX; width:672PX; height:15PX; " class="adornment10" >
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Series 2001-1 Noteholders under the Sale and Servicing Agreement dated May 15, 2001 between</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:729PX; width:672PX; height:15PX; " class="adornment10" >
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Fleet National Bank, as  Seller and Servicer, Fleet Home Equity Loan Trust 2001-1, as the Trust,</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:746PX; width:672PX; height:17PX; " class="adornment10" >
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Fleet Home Equity Loan LLC, as Depositor, and U.S Bank National Association as Indenture Trustee.</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:773PX; width:672PX; height:15PX; " class="adornment10" >
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Item 6. </td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:818PX; width:672PX; height:15PX; " class="adornment10" >
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:833PX; width:120PX; height:15PX; " class="adornment10" >
<table width="115PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Monthly reports for </td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:914PX; width:672PX; height:16PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">SIGNATURE</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:948PX; width:672PX; height:17PX; " class="adornment10" >
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to </td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:965PX; width:672PX; height:17PX; " class="adornment10" >
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">be signed on its behalf by the undersigned thereunto duly authorized. </td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:789PX; width:672PX; height:15PX; " class="adornment10" >
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Inapplicable.</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:653PX; width:672PX; height:15PX; " class="adornment10" >
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Inapplicable.</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:848PX; width:672PX; height:17PX; " class="adornment10" >
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Series 2001-1.</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:384PX; width:672PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">100 Federal Street</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:401PX; width:672PX; height:17PX; " class="adornment10"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Boston, Massachusetts 02110</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:258PX; top:699PX; width:412PX; height:15PX; " class="adornment10" >
<table width="407PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Monthly Period is presented for the Fleet Home Equity Loan Trust,</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:251PX; top:833PX; width:456PX; height:15PX; " class="adornment10" >
<table width="451PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Monthly  Period relating to Fleet Home Equity Loan Asset Backed Notes </td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:96PX; top:254PX; width:520PX; height:15PX; " class="adornment10"  ALIGN="CENTER">
<table width="515PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="fontColor11"  ALIGN="CENTER">January 22, 2002</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:152PX; top:699PX; width:104PX; height:15PX; " class="adornment10" >
<table width="99PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="fontColor11" >January 2002</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:144PX; top:833PX; width:104PX; height:15PX; " class="adornment10" >
<table width="99PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="fontColor11" >January 2002</td></tr></table>
</DIV>
<BR>

<DIV  style="z-index:25; position:absolute; left:288PX; top:1072PX; width:408PX; height:17PX; " class="adornment20"  ALIGN="CENTER">
<table width="403PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">(Registrant)</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:288PX; top:1056PX; width:408PX; height:17PX; " class="adornment20"  ALIGN="CENTER">
<table width="403PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Fleet Home Equity Loan Trust 2001-1</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:288PX; top:1085PX; width:408PX; height:17PX; " class="adornment20"  ALIGN="CENTER">
<table width="403PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">BY: Fleet National Bank</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:288PX; top:1101PX; width:408PX; height:17PX; " class="adornment20"  ALIGN="CENTER">
<table width="403PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">(Seller/Servicer)</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:96PX; top:1132PX; width:72PX; height:16PX; " class="adornment20" >
<table width="67PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Date: </td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:288PX; top:1131PX; width:408PX; height:16PX; " class="adornment20"  ALIGN="CENTER">
<table width="403PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">BY:  /s/ JEFFREY A. LIPSON</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:288PX; top:1147PX; width:408PX; height:16PX; " class="adornment20"  ALIGN="CENTER">
<table width="403PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Name:  Jeffrey A. Lipson</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:288PX; top:1163PX; width:408PX; height:15PX; " class="adornment20"  ALIGN="CENTER">
<table width="403PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Title:  Vice President</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:1230PX; width:672PX; height:17PX; " class="adornment20"  ALIGN="CENTER">
<table width="667PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">EXHIBIT INDEX</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:1260PX; width:72PX; height:17PX; " class="adornment20" >
<table width="67PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Exhibit</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:616PX; top:1262PX; width:80PX; height:17PX; " class="adornment20"  ALIGN="CENTER">
<table width="75PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Sequential</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:616PX; top:1278PX; width:80PX; height:17PX; " class="adornment20"  ALIGN="CENTER">
<table width="75PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">Page No.</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:24PX; top:1293PX; width:72PX; height:17PX; " class="adornment20"  ALIGN="CENTER">
<table width="67PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">1.</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:96PX; top:1308PX; width:520PX; height:17PX; " class="adornment20" >
<table width="515PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Loan Asset Backed Notes Series 2001-1.</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:96PX; top:1291PX; width:120PX; height:15PX; " class="adornment20" >
<table width="115PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Monthly reports for </td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:616PX; top:1309PX; width:80PX; height:16PX; " class="adornment20"  ALIGN="CENTER">
<table width="75PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph" ALIGN="CENTER">3</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:320PX; top:1291PX; width:296PX; height:15PX; " class="adornment20" >
<table width="291PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="paragraph">Monthly  Period relating to Fleet Home Equity </td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:168PX; top:1132PX; width:120PX; height:15PX; " class="adornment20" >
<table width="115PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="fontColor22" >January 22, 2002</td></tr></table>
</DIV>

<DIV  style="z-index:25; position:absolute; left:216PX; top:1291PX; width:104PX; height:15PX; " class="adornment20" >
<table width="99PX" border=0 cellpadding="0" cellspacing="0"><tr><td NOWRAP class="fontColor22" >January 2002</td></tr></table>
</DIV>
<BR>
</BODY>
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "hlc1231011.htm", "description": "FORM 8-K", "secsgml_size_bytes": 18761}]
{"company-data": {"conformed-name": "FLEET HOME EQUITY LOAN CORP", "cik": "0001132154", "assigned-sic": "6189", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-53662", "film-number": "02513324"}, "business-address": {"street1": "100 FEDERAL STREET", "city": "BOSTON", "state": "MA", "zip": "02110", "phone": "6174342200"}, "mail-address": {"street1": "100 FEDERAL STREET", "city": "BOSTON", "state": "MA", "zip": "02110"}}
Form 8-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported):
Fleet Home Equity Loan Trust 2001-1
(Exact name or Registrant as specified in its charter)
New York
Reg. No.333-53662
Not Required
(State or other jurisdiction of
incorporation)
(Commission File Number)
(I.R.S. Employer
Identification Number)
Fleet National Bank
Attention: William Mutterperl, General Counsel
(Address of Seller/Servicer)
100 Federal Street
Boston, Massachusetts 02110
(Address of principal executive offices)
(617) 434-2200 (Telephone Number of Seller/Servicer)
(Registrant's Telephone Number)
Items 1-4.
Item 5. Other Events.
Information from the
Series 2001-1 Noteholders under the Sale and Servicing Agreement dated May 15, 2001 between
Fleet National Bank, as  Seller and Servicer, Fleet Home Equity Loan Trust 2001-1, as the Trust,
Fleet Home Equity Loan LLC, as Depositor, and U.S Bank National Association as Indenture Trustee.
Item 6.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
Monthly reports for
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned thereunto duly authorized.
Inapplicable.
Inapplicable.
Series 2001-1.
100 Federal Street
Boston, Massachusetts 02110
Monthly Period is presented for the Fleet Home Equity Loan Trust,
Monthly  Period relating to Fleet Home Equity Loan Asset Backed Notes
January 22, 2002
January 2002
January 2002
(Registrant)
Fleet Home Equity Loan Trust 2001-1
BY: Fleet National Bank
(Seller/Servicer)
Date:
BY:  /s/ JEFFREY A. LIPSON
Name:  Jeffrey A. Lipson
Title:  Vice President
EXHIBIT INDEX
Exhibit
Sequential
Page No.
1.
Loan Asset Backed Notes Series 2001-1.
Monthly reports for
3
Monthly  Period relating to Fleet Home Equity
January 22, 2002
January 2002