UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
(Mark one)
/X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2003
OR
/ / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
Commission File Number: 333-74544-06
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES
Series 2002-1
(Exact name of registrant as specified in its charter)
New York 04-3617193
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
c/o Bank of America, N.A., as Servicer
101 N. Tryon St.
Charlotte, NC 28255
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 704-387-2111
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.
Not applicable.
Indicate by check mark whether the registrant is an accelerated filer (as
defined in Exchange Act Rule 12b-2).
Yes No X
State the aggregate market value of the voting and non-voting common
equity held by non-affiliates of the registrant. The aggregate market
value shall be computed by reference to the price at which the common
equity was sold, or the average bid and asked prices of such common
equity, as of a specified date within 60 days prior to the date of
filing. (See definition of affiliate in Rule 405, 17 CFR 230.405.)
Not applicable.
Indicate the number of shares outstanding of each of the registrant's
classes of common stock, as of the latest practicable date.
Not applicable.
List hereunder the following documents if incorporated by reference and
the Part of the Form 10-K (e.g. Part I, Part II, etc.) into which the
document is incorporated: (1)Any annual report to security holders; (2)
Any proxy or information statement; and (3)Any prospectus filed pursuant
to Rule 424(b) or (c) under the Securities Act of 1933. The listed
documents should be clearly described for identification purposes (e.g.
annual report to security holders for fiscal year ended December 24, 1980).
Not applicable.
Introductory Note
This Annual Report on Form 10-K is prepared in reliance on the no-action letter
dated March 26, 1993 issued by the Securities and Exchange Commission to Nomura
Asset Securities Corporation.
Explanatory Note
This Annual Report on Form 10-K/A (the "Amended 10-K") is filed as Amendment
No. 1 to the Registrant's Annual Report on Form 10-K (the "Prior 10-K") for the
year ended December 31, 2003. The Prior 10-K was filed on March 30, 2003. The
Prior 10-K, however, was prepared for another registrant and was inadvertently
filed under the Registrant's CIK. Subsequent attempts to file the correct Form
10-K were rejected by the Commission's EDGAR system as duplicate filings.
PART I
Item 1. Business.
Omitted.
Item 2. Properties.
Not applicable.
Item 3. Legal Proceedings.
The registrant knows of no material pending legal proceedings
involving the trust created under the Pooling and Servicing
Agreement (the Trust), the Trustee, the Servicer or the
registrant with respect to the Trust other than routine
litigation incidental to the duties of the respective parties.
Item 4. Submission of Matters to a Vote of Security Holders.
None.
PART II
Item 5. Market for registrant's Common Equity and Related Stockholder
Matters.
Records provided to the Trust by the DTC and the Trustee
indicate that as of December 31, 2003, the number of holders of
record for each class of Certificate were as follows:
Class 1-A3 1
Class 1-A4 1
Class 1-A-PO 1
Class 1-A-R 1
Class 1-B1 1
Class 1-B2 1
Class 1-B3 1
Class 1-B4 1
Class 1-B5 1
Class 1-B6 1
Class 2-A1 1
Class 2-B1 1
Class 2-B2 1
Class 2-B3 1
Class 2-B4 1
Class 2-B5 1
Class 2-B6 1
Class 3-A1 1
Class 3-B1 1
Class 3-B2 1
Class 3-B3 1
Class 3-B4 1
Class 3-B5 1
Class 3-B6 1
Total: 24
Item 6. Selected Financial Data.
Omitted.
Item 7. Management's Discussion and Analysis of Financial Condition and
Results of Operation.
Omitted.
Item 7A. Quantitative and Qualitative Disclosures about Market Risk.
Not applicable.
Item 8. Financial Statements and Supplementary Data.
Omitted.
Item 9. Changes in and Disagreements with Accountants on Accounting and
Financial Disclosure.
None.
Item 9A. Controls and Procedures.
Not applicable.
PART III
Item 10. Directors and Executive Officers of the Registrant.
Not applicable.
Item 11. Executive Compensation.
Not applicable.
Item 12. Security Ownership of Certain Beneficial Owners and Management.
Not applicable.
Item 13. Certain Relationships and Related Transactions.
Not applicable.
Item 14. Principal Accounting Fees and Services.
Not applicable.
PART IV
Item 15. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.
(a) Not Applicable.
(b) Monthly distribution date statements were filed as exhibits to Form 8-K on
October 3, 2003, November 5, 2003 and December 3, 2003.
(c)
4.1 Pooling and Servicing Agreement (filed as an exhibit to Form 8-K on April
11, 2002).
31.1 Rule 13a-14(a)/15d-14(a) Certification.
99.1 Annual Independent Public Accountant's Servicing Report concerning
servicing activities for the year ended December 31, 2003.
99.2 Annual Statement as to Compliance under the Pooling and Servicing Agreement
for the year ended December 31, 2003.
(d) Not Applicable
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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:
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES
Series 2002-1
(Registrant)
Signed: Bank of America, N.A., as Servicer
By: Judy V. Lowman, Officer
By: /s/ Judy V. Lowman, Officer
Dated: March 31, 2004
SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO
SECTION 15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED
SECURITIES PURSUANT TO SECTION 12 OF THE ACT.
(a)(i) No annual report is provided to the Certificateholders other than
with respect to aggregate principal and interest distributions.
(a)(ii) No proxy statement, form of proxy or other proxy soliciting
material has been sent to any Certificateholder with respect to any
annual or other meeting of Certificateholders.
Exhibit Index
Exhibit No.
4.1 Pooling and Servicing Agreement (filed as an exhibit to Form 8-K on April
11, 2002).
31.1 Rule 13a-14(a)/15d-14(a) Certification.
99.1 Annual Independent Public Accountant's Servicing Report concerning
servicing activities for the year ended December 31, 2003.
99.2 Annual Statement as to Compliance under the Pooling and Servicing Agreement
for the year ended December 31, 2003.