Payment Date: 12/25/99


          ------------------------------------------------------------
                   BANK OF AMERICA MORTGAGE SECURITIES, INC.
               MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-9
                     Bank of America, FSB, Master Servicer
          ------------------------------------------------------------



Class Information                                Current Payment Information

- ----------------------------------------------------------------------------------------------------------------------------------
                                 Beginning       Pass Thru     Principal       Interest      Total           Principal  Interest
Type       Class Code   Name     Cert. Bal.      Rate          Dist. Amt.      Dist. Amt.    Dist.           Losses     Shortfalls
- ----------------------------------------------------------------------------------------------------------------------------------
                                                                                             
Senior                  A1         19,452,277.48    7.000000%        85,054.87    113,471.62      198,526.48       0.00       0.00
                        A2         48,723,669.56    7.000000%       198,199.11    284,221.41      482,420.52       0.00       0.00
                        A3        126,612,465.93    7.000000%       504,459.14    738,572.72    1,243,031.86       0.00       0.00
                        A4         23,175,954.36    7.000000%       118,720.27    135,193.07      253,913.33       0.00       0.00
                        A5         39,333,000.00    7.000000%             0.00    229,442.50      229,442.50       0.00       0.00
                        A6         20,352,045.64    7.000000%             0.00          0.00            0.00       0.00       0.00
                        A7         14,647,000.00    7.000000%             0.00     85,440.83       85,440.83       0.00       0.00
                        A8         40,000,000.00    7.000000%             0.00    233,333.33      233,333.33       0.00       0.00
                        A9         39,000,000.00    7.000000%             0.00    227,500.00      227,500.00       0.00       0.00
                        A10         1,000,000.00    7.000000%             0.00      5,833.33        5,833.33       0.00       0.00
                        APO         4,924,473.77    0.000000%         4,736.81          0.00        4,736.81       0.00       0.00
Residual                AR                  0.00    7.000000%             0.00          0.00            0.00       0.00       0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate             B1         10,583,704.94    7.000000%         8,566.99     61,738.28       70,305.27       0.00       0.00
                        B2          2,995,839.94    7.000000%         2,424.98     17,475.73       19,900.72       0.00       0.00
                        B3          1,598,180.35    7.000000%         1,293.65      9,322.72       10,616.37       0.00       0.00
                        B4          1,199,134.07    7.000000%           970.64      6,994.95        7,965.59       0.00       0.00
                        B5            799,090.17    7.000000%           646.82      4,661.36        5,308.18       0.00       0.00
                        B6            799,481.33    7.000000%           647.14      4,663.64        5,310.78       0.00       0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals          -        -        395,196,317.54     -              925,720.42  2,157,865.49    3,083,585.91     -          -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information

- --------------------------------------------------------------------------------
                                             Ending Cert.          Unpaid
Type             Class Code     Name         Notional Bal.         Interest
- --------------------------------------------------------------------------------
Senior                          A1         19,367,222.62              0.00
                                A2         48,525,470.45              0.00
                                A3        126,108,006.79              0.00
                                A4         23,057,234.10              0.00
                                A5         39,333,000.00              0.00
                                A6         20,470,765.90              0.00
                                A7         14,647,000.00              0.00
                                A8         40,000,000.00              0.00
                                A9         39,000,000.00              0.00
                                A10         1,000,000.00              0.00
                                APO         4,919,736.96              0.00
Residual                        AR                  0.00              0.00
- --------------------------------------------------------------------------------
Subordinate                     B1         10,575,137.95              0.00
                                B2          2,993,414.95              0.00
                                B3          1,596,886.70              0.00
                                B4          1,198,163.43              0.00
                                B5            798,443.35              0.00
                                B6            798,834.19              0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals            -              -        394,389,317.38     -
- --------------------------------------------------------------------------------



                             Payment Date: 12/25/99


          ------------------------------------------------------------
                   BANK OF AMERICA MORTGAGE SECURITIES, INC.
               MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-9
                     Bank of America, FSB, Master Servicer
          ------------------------------------------------------------



Class Information                                Current Payment Information

                                                      Factors per $1,000

- ------------------------------------------------------------------------------------------------------------------------
                                   Beginning     Pass Thru    CUSIP       Principal     Interest    Ending Cert./
Type        Class Code    Name   Cert. Bal.(Face)  Rate       Numbers       Dist.         Dist.     Notional Bal.
- ------------------------------------------------------------------------------------------------------------------------
                                                                            
- ------------------------------------------------------------------------------------------------------------------------
Senior                     A1     19,452,277.48     7.000000% 060506HP0     4.252743      5.673581    968.361131
                           A2     48,723,669.56     7.000000% 060506HQ8     3.963982      5.684428    970.509409
                           A3    126,612,465.93     7.000000% 060506HR6     3.884608      5.687410    971.099921
                           A4     23,175,954.36     7.000000% 060506HS4     5.045914      5.746050    979.991249
                           A5     39,333,000.00     7.000000% 060506HT2     0.000000      5.833333  1,000.000000
                           A6     20,352,045.64     7.000000% 060506HU9     0.000000      0.000000  1,023.538295
                           A7     14,647,000.00     7.000000% 060506HV7     0.000000      5.833333  1,000.000000
                           A8     40,000,000.00     7.000000% 060506HW5     0.000000      5.833333  1,000.000000
                           A9     39,000,000.00     7.000000% 060506HX3     0.000000      5.833333  1,000.000000
                           A10     1,000,000.00     7.000000% 060506HY1     0.000000      5.833333  1,000.000000
                           APO     4,924,473.77     0.000000% 060506HZ8     0.957175      0.000000    994.139630
Residual                   AR              0.00     7.000000% 060506JA1     0.000000      0.000000      0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate                B1     10,583,704.94     7.000000% 060506JB9     0.807521      5.819425    996.808177
                           B2      2,995,839.94     7.000000% 060506JC7     0.807521      5.819425    996.808177
                           B3      1,598,180.35     7.000000% 060506JR4     0.807521      5.819425    996.808177
                           B4      1,199,134.07     7.000000% 060506JD5     0.807521      5.819425    996.808177
                           B5        799,090.17     7.000000% 060506JE3     0.807521      5.819425    996.808177
                           B6        799,481.33     7.000000% 060506JF0     0.807521      5.819425    996.808177
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals       -             -     395,196,317.54       -            -           -             -           -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------





          ------------------------------------------------------------
                   BANK OF AMERICA MORTGAGE SECURITIES, INC.
               MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-9
                     Bank of America, FSB, Master Servicer
          ------------------------------------------------------------

- --------------------------------------------------------------------------------
                             COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
                                                             Total
                                                             -----
Aggregated stated principal balance  394,389,308.55   394,389,308.55
Aggregated loan count                          1134             1134
Aggregated average loan rate              7.268109%             7.27
Aggregated prepayment amount             486,857.76       486,857.76

- --------------------------------------------------------------------------------
                                FEES AND ADVANCES
- --------------------------------------------------------------------------------
                                                             Total
                                                             -----
Monthly master servicing fees            115,324.09       115,324.09
Monthly sub servicer fees                      0.00             0.00
Monthly trustee fees                       1,317.32         1,317.32


Aggregate advances                              N/A              N/A
Advances this periods                          0.00             0.00

- --------------------------------------------------------------------------------
                          LOSSES & INSURANCE COVERAGES
- --------------------------------------------------------------------------------

                                                             Total
                                                             -----
Net realized losses (this period)              0.00             0.00
Cumulative losses (from Cut-Off)               0.00             0.00

Coverage Amounts                                             Total
- ----------------                                             -----
Bankruptcy                                     0.00             0.00
Fraud                                  8,006,724.61     8,006,724.61
Special Hazard                                 0.00             0.00


                         Aggregate Certificate Information
   -----------------------------------------------------------------------------
   Class            Aggregate           Aggregate                     Aggregate
   Type            Percentage           Prepay Pct.              End Cert. Bal.
   -----------------------------------------------------------------------------
   Senior           95.455033%           100.000000%            377,220,886.74
   -----------------------------------------------------------------------------
   Junior            4.544967%             0.000000%             17,960,880.57
   -----------------------------------------------------------------------------

- --------------------------------------------------------------------------------
                          DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period                             Loan Count    Ending Stated Balance
- ------                             ----------    ---------------------
30 to 59 days                           0                         0.00
60 to 89 days                           0                         0.00
90 or more                              0                         0.00
Foreclosure                             0                         0.00

Totals:                                 0                         0.00
- --------------------------------------------------------------------------------



- --------------------------------------------------------------------------------
                                REO INFORMATION
- --------------------------------------------------------------------------------
   REO Date        Loan Number     Ending Stated Balance          Book Value
   --------        -----------     ---------------------          ----------
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   N/A              #                   0                            N/A
   Totals:                              0                            N/A

Current Total Outstanding Balance:                                      0.00
Current Total Outstanding Number of Loans:                                 0




- --------------------------------------------------------------------------------
                               OTHER INFORMATION
- --------------------------------------------------------------------------------
                                  Amount/Withdrawal     Total/Ending Bal.
                                  -----------------     -----------------
Available remittance amount            3,083,585.91          3,083,585.91
Principal remittance amount              925,720.42            925,720.42
Interest remittance amount             2,157,865.49          2,157,865.49