Payment Date: 09/25/99
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-5
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 158,990,136.05 6.500000% 1,767,149.07 861,116.81 2,628,265.88 0.00 79.76
A2 150,411,150.55 6.500000% 1,406,416.92 814,651.61 2,221,068.53 0.00 75.46
A3 121,624,847.03 6.500000% 1,319,660.30 658,740.24 1,978,400.54 0.00 61.02
A4 60,000,000.00 6.500000% 0.00 324,969.90 324,969.90 0.00 30.10
A5 3,282,000.00 6.750000% 0.00 18,459.54 18,459.54 0.00 1.71
A6 4,224,000.00 6.750000% 0.00 23,757.80 23,757.80 0.00 2.20
A7 1,431,000.00 6.750000% 0.00 8,048.63 8,048.63 0.00 0.75
A8 2,950,000.00 6.750000% 0.00 16,592.21 16,592.21 0.00 1.54
A9 3,113,000.00 6.750000% 0.00 17,509.00 17,509.00 0.00 1.62
A10 3,000,000.00 7.000000% 0.00 17,498.38 17,498.38 0.00 1.62
A11 2,000,000.00 7.000000% 0.00 11,665.59 11,665.59 0.00 1.08
A12 5,000,000.00 5.500000% 0.00 22,914.54 22,914.54 0.00 2.12
A13 3,325,000.00 7.000000% 0.00 19,394.04 19,394.04 0.00 1.80
A14 3,177,667.00 7.000000% 0.00 18,534.67 18,534.67 0.00 1.72
A15 5,000,000.00 6.250000% 0.00 26,039.25 26,039.25 0.00 2.41
A16 5,938,000.00 7.000000% 0.00 34,635.13 34,635.13 0.00 3.21
A17 3,160,000.00 7.000000% 0.00 18,431.63 18,431.63 0.00 1.71
A18 2,513,904.00 7.000000% 0.00 14,663.08 14,663.08 0.00 1.36
A19 1,393,429.00 0.000000% 0.00 0.00 0.00 0.00 0.00
A20 15,640,963.10 6.500000% 59,989.64 84,714.04 144,703.68 0.00 7.85
A21 11,076,036.90 6.500000% 0.00 0.00 0.00 0.00 5.56
A22 100,000.00 6.500000% 0.00 541.62 541.62 0.00 0.05
APO 740,122.24 0.000000% 794.78 0.00 794.78 0.00 0.00
Residual AR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,876,980.68 6.500000% 10,847.25 69,743.85 80,591.10 0.00 6.46
B2 4,491,830.81 6.500000% 3,783.81 24,328.50 28,112.30 0.00 2.25
B3 2,096,786.23 6.500000% 1,766.28 11,356.54 13,122.82 0.00 1.05
B4 2,096,786.23 6.500000% 1,766.28 11,356.54 13,122.82 0.00 1.05
B5 1,198,021.05 6.500000% 1,009.18 6,488.68 7,497.86 0.00 0.60
B6 1,198,288.77 6.500000% 1,009.41 6,490.13 7,499.54 0.00 0.60
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 592,049,949.64 - 4,574,192.93 3,142,641.95 7,716,834.88 - 296.64
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 157,222,986.98 79.76
A2 149,004,733.63 75.46
A3 120,305,186.73 61.02
A4 60,000,000.00 30.10
A5 3,282,000.00 1.71
A6 4,224,000.00 2.20
A7 1,431,000.00 0.75
A8 2,950,000.00 1.54
A9 3,113,000.00 1.62
A10 3,000,000.00 1.62
A11 2,000,000.00 1.08
A12 5,000,000.00 2.12
A13 3,325,000.00 1.80
A14 3,177,667.00 1.72
A15 5,000,000.00 2.41
A16 5,938,000.00 3.21
A17 3,160,000.00 1.71
A18 2,513,904.00 1.36
A19 1,393,429.00 0.00
A20 15,580,973.46 7.85
A21 11,136,026.54 5.56
A22 100,000.00 0.05
APO 739,327.45 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 12,866,133.42 6.46
B2 4,488,047.01 2.25
B3 2,095,019.94 1.05
B4 2,095,019.94 1.05
B5 1,197,011.87 0.60
B6 1,197,279.36 0.60
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 587,535,746.35 296.64
- --------------------------------------------------------------------------------
Payment Date: 09/25/99
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-5
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 158,990,136.05 6.500000% 060506DQ2 10.891990 5.307575 969.058677
A2 150,411,150.55 6.500000% 060506DR0 9.192267 5.324520 973.887148
A3 121,624,847.03 6.500000% 060506DS8 10.637789 5.310109 969.780795
A4 60,000,000.00 6.500000% 060506DT6 0.000000 5.416165 1,000.000000
A5 3,282,000.00 6.750000% 060506DU3 0.000000 5.624479 1,000.000000
A6 4,224,000.00 6.750000% 060506DV1 0.000000 5.624479 1,000.000000
A7 1,431,000.00 6.750000% 060506DW9 0.000000 5.624479 1,000.000000
A8 2,950,000.00 6.750000% 060506DX7 0.000000 5.624479 1,000.000000
A9 3,113,000.00 6.750000% 060506DY5 0.000000 5.624479 1,000.000000
A10 3,000,000.00 7.000000% 060506DZ2 0.000000 5.832793 1,000.000000
A11 2,000,000.00 7.000000% 060506EA6 0.000000 5.832793 1,000.000000
A12 5,000,000.00 5.500000% 060506EB4 0.000000 4.582909 1,000.000000
A13 3,325,000.00 7.000000% 060506EC2 0.000000 5.832793 1,000.000000
A14 3,177,667.00 7.000000% 060506ED0 0.000000 5.832793 1,000.000000
A15 5,000,000.00 6.250000% 060506EE8 0.000000 5.207851 1,000.000000
A16 5,938,000.00 7.000000% 060506EF5 0.000000 5.832793 1,000.000000
A17 3,160,000.00 7.000000% 060506EG3 0.000000 5.832793 1,000.000000
A18 2,513,904.00 7.000000% 060506EH1 0.000000 5.832793 1,000.000000
A19 1,393,429.00 0.000000% 060506EJ7 0.000000 0.000000 1,000.000000
A20 15,640,963.10 6.500000% 060506EV0 3.792253 5.355208 984.953124
A21 11,076,036.90 6.500000% 060506EK4 0.000000 0.000000 1,021.841305
A22 100,000.00 6.500000% 060506EL2 0.000000 5.416165 1,000.000000
APO 740,122.24 0.000000% 060506EM0 1.070270 0.000000 995.591782
Residual AR 0.00 6.500000% 060506EN8 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,876,980.68 6.500000% 060506EP3 0.840286 5.402731 996.679326
B2 4,491,830.81 6.500000% 060506EQ1 0.840286 5.402731 996.679326
B3 2,096,786.23 6.500000% 060506ER9 0.840286 5.402731 996.679326
B4 2,096,786.23 6.500000% 060506ES7 0.840286 5.402731 996.679326
B5 1,198,021.05 6.500000% 060506ET5 0.840286 5.402731 996.679326
B6 1,198,288.77 6.500000% 060506EU2 0.840286 5.402731 996.679326
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 592,049,949.64 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-5
Bank of America, FSB, Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Aggregated stated principal balance 587,535,745.81 587,535,745.81
Aggregated loan count 1700 1700
Aggregated average loan rate 7.093620% 7.09
Aggregated prepayment amount 4,015,403.71 4,015,403.71
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Monthly master servicing fees 288,139.68 288,139.68
Monthly sub servicer fees 0.00 0.00
Monthly trustee fees 1,726.81 1,726.81
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 12,007,659.40 12,007,659.40
Special Hazard 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 95.956536% 100.000000% 568,091,255.87
-----------------------------------------------------------------------------
Junior 4.043464% 0.000000% 23,938,511.55
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 7,716,834.88 7,716,834.88
Principal remittance amount 4,574,192.93 4,574,192.93
Interest remittance amount 3,142,641.95 3,142,641.95