Payment Date: 09/25/99 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-12 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 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 A2 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 A3 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 A4 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 A5 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 A6 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 APO 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 Residual AR 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 B2 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 B3 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 B4 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 B5 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 B6 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 0.00 - 0.00 0.00 0.00 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior A1 172,880,000.00 0.00 A2 3,092,000.00 0.00 A3 2,542,000.00 0.00 A4 2,043,000.00 0.00 A5 10,000,000.00 0.00 A6 22,500,000.00 0.00 APO 1,826,929.84 0.00 Residual AR 100.00 0.00 - -------------------------------------------------------------------------------- Subordinate B1 5,851,000.00 0.00 B2 1,688,000.00 0.00 B3 1,013,000.00 0.00 B4 676,000.00 0.00 B5 451,000.00 0.00 B6 450,708.29 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 225,013,738.13 - - -------------------------------------------------------------------------------- Payment Date: 09/25/99 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-12 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 0.00 0.000000% 060506KM3 0.000000 0.000000 1,000.000000 A2 0.00 0.000000% 060506KN1 0.000000 0.000000 1,000.000000 A3 0.00 0.000000% 060506KP6 0.000000 0.000000 1,000.000000 A4 0.00 0.000000% 060506KQ4 0.000000 0.000000 1,000.000000 A5 0.00 0.000000% 060506KR2 0.000000 0.000000 1,000.000000 A6 0.00 0.000000% 060506KS0 0.000000 0.000000 1,000.000000 APO 0.00 0.000000% 060506KT8 0.000000 0.000000 1,000.000000 Residual AR 0.00 0.000000% 060506KU5 0.000000 0.000000 1,000.000000 - ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 0.00 0.000000% 060506KV3 0.000000 0.000000 1,000.000000 B2 0.00 0.000000% 060506KW1 0.000000 0.000000 1,000.000000 B3 0.00 0.000000% 060506KX9 0.000000 0.000000 1,000.000000 B4 0.00 0.000000% 060506KY7 0.000000 0.000000 1,000.000000 B5 0.00 0.000000% 060506KZ4 0.000000 0.000000 1,000.000000 B6 0.00 0.000000% 060506LA8 0.000000 0.000000 1,000.000000 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 0.00 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-12 Bank of America, FSB, Master Servicer ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- Aggregated stated principal balance 225,013,738.13 225,013,738.13 Aggregated loan count 610 610 Aggregated average loan rate 0.000000% 0.00 Aggregated prepayment amount 0.00 0.00 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- Monthly master servicing fees 0.00 0.00 Monthly sub servicer fees 0.00 0.00 Monthly trustee fees 0.00 0.00 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 0.00 0.00 Special Hazard 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 0.000000% 100.000000% 0.00 ----------------------------------------------------------------------------- Junior 100.000000% 0.000000% 10,129,708.29 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 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 0.00 0.00 Principal remittance amount 0.00 0.00 Interest remittance amount 0.00 0.00