UNITED STATES 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: January 30, 2006 (Date of earliest event reported) Banc of America Alternative Loan Trust 2006-1 - -------------------------------------------------------------------------------- (Exact name of issuing entity as specified in its charter) Banc of America Mortgage Securities, Inc. - -------------------------------------------------------------------------------- (Exact name of depositor as specified in its charter) Bank of America, National Association - -------------------------------------------------------------------------------- (Exact name of sponsor as specified in its charter) New York 333-118843-49 36-4514369 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission File No. (IRS Employer of incorporation of issuing entity) Identification No. of issuing entity) of depositor) 214 North Tryon Street, Charlotte, North Carolina 28255 - -------------------------------------------------------------------------------- Address of principal executive offices (Zip Code) Depositor's telephone number, including area code (704) 387-8239 ------------------------------ 214 North Tryon Street, Charlotte, North Carolina 28255 - -------------------------------------------------------------------------------- Address of principal executive offices (Zip Code) 201 North Tryon Street, Charlotte, North Carolina 28255 - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 8.01. Other Events Attached as Exhibit 4.1 is the pooling and servicing agreement, dated January 30, 2006 (the "Pooling and Servicing Agreement"), among Banc of America Mortgage Securities, Inc. (the "Company"), as depositor, Bank of America, National Association, as servicer, and Wells Fargo Bank, N.A., as trustee. The Pooling and Servicing Agreement governs the Banc of America Alternative Loan Trust 2006-1, Mortgage Pass-Through Certificates, Series 2006-1 (the "Certificates"), issued on January 30, 2006, including (i) the Class 1-CB-1, Class 1-CB-R, Class 2-CB-1, Class 3-CB-1, Class 4-CB-1, Class CB-IO, Class CB-PO, Class B-1, Class B-2 and Class B-3 Certificates (the "Public Certificates"), having an aggregate initial class balance of $343,850,036 and (ii) the Class B-4, Class B-5 and Class B-6 Certificates (the "Private Certificates"), having an aggregate initial class balance of $3,825,184. The Public Certificates were sold to Banc of America Securities LLC (the "Underwriter"), pursuant to an underwriting agreement, dated January 26, 2006 (the "Underwriting Agreement"), among the Company, Bank of America, National Association and the Underwriter. A copy of the Underwriting Agreement is attached as Exhibit 1.1. The Private Certificates were privately issued. The mortgage loans underlying the Certificates were purchased by the Company from Bank of America, National Association pursuant to a mortgage loan purchase agreement, dated January 30, 2006 (the "Mortgage Loan Purchase Agreement"), between the Company and Bank of America, National Association. A copy of the Mortgage Loan Purchase Agreement is attached as Exhibit 4.2. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Item 601(a) of Regulation S-K Exhibit No. Description - ----------- ----------- (1.1) Underwriting Agreement, dated January 26, 2006, among the Company, Bank of America, National Association and the Underwriter. (4.1) Pooling and Servicing Agreement, dated January 30, 2006, among Banc of America Mortgage Securities, Inc., Bank of America, National Association and Wells Fargo Bank, N.A., as trustee. (4.2) Mortgage Loan Purchase Agreement, dated January 30, 2006, between Banc of America Mortgage Securities, Inc. and Bank of America, National Association. 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 hereunto duly authorized. BANC OF AMERICA MORTGAGE SECURITIES, INC. January 30, 2006 By: /s/ Judy Lowman ------------------------------------- Name: Judy Lowman Title: Vice President INDEX TO EXHIBITS ----------------- Exhibit No. Description - ----------- ----------- (1.1) Underwriting Agreement, dated January 26, 2006, among the Company, Bank of America, National Association and the Underwriter. (4.1) Pooling and Servicing Agreement, dated January 30, 2006, among Banc of America Mortgage Securities, Inc., Bank of America, National Association and Wells Fargo Bank, N.A., as trustee. (4.2) Mortgage Loan Purchase Agreement, dated January 30, 2006, between Banc of America Mortgage Securities, Inc. and Bank of America, National Association.