Payment Date: 08/25/99
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-1
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 A-1 158,396,044.10 6.500000% 1,253,789.93 857,978.57 2,111,768.50 0.00 0.00
A-2 63,261,334.11 6.000000% 500,683.58 316,306.67 816,990.25 0.00 0.00
A-3 95,903,724.41 6.500000% 641,345.83 519,478.51 1,160,824.33 0.00 0.00
A-4 800,677.36 6.250000% 174,780.44 4,170.19 178,950.64 0.00 0.00
A-5 25,000,000.00 6.250000% 0.00 130,208.33 130,208.33 0.00 0.00
A-6 18,717,444.54 5.676250% 125,170.89 88,537.41 213,708.31 0.00 0.00
A-7 18,717,444.54 2.823750% 0.00 44,044.49 44,044.49 0.00 0.00
A-8 7,068,000.00 6.500000% 0.00 38,285.00 38,285.00 0.00 0.00
A-9 3,556,666.00 6.400000% 0.00 18,968.89 18,968.89 0.00 0.00
A-10 17,755,000.00 6.500000% 0.00 96,172.92 96,172.92 0.00 0.00
A-11 4,843,000.00 6.500000% 0.00 26,232.92 26,232.92 0.00 0.00
A-12 2,183,000.00 6.500000% 0.00 11,824.58 11,824.58 0.00 0.00
A-13 1,136,000.00 6.500000% 0.00 6,153.33 6,153.33 0.00 0.00
A-14 1,578,000.00 6.500000% 0.00 8,547.50 8,547.50 0.00 0.00
A-15 1,868,444.00 6.500000% 0.00 10,120.74 10,120.74 0.00 0.00
A-16 2,000,000.00 6.500000% 0.00 10,833.33 10,833.33 0.00 0.00
A-17 1,000,000.00 7.500000% 0.00 6,250.00 6,250.00 0.00 0.00
A-18 1,625,000.00 6.176250% 0.00 8,363.67 8,363.67 0.00 0.00
A-19 375,000.00 7.902917% 0.00 2,469.66 2,469.66 0.00 0.00
A-20 48,014,902.40 6.400000% 310,802.83 256,079.48 566,882.31 0.00 0.00
A-21 24,814,843.22 7.000000% 149,547.02 144,753.25 294,300.27 0.00 0.00
A-22 11,608,445.00 6.000000% 0.00 58,042.23 58,042.23 0.00 0.00
A-23 3,200,334.00 6.250000% 0.00 16,668.41 16,668.41 0.00 0.00
A-24 60,000,000.00 6.500000% 0.00 325,000.00 325,000.00 0.00 0.00
A-PO 1,209,818.80 0.000000% 1,398.29 0.00 1,398.29 0.00 0.00
Residual A-R 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
A-LR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 12,846,850.81 6.500000% 11,214.10 69,587.11 80,801.21 0.00 0.00
B-2 4,481,460.05 6.500000% 3,911.90 24,274.58 28,186.47 0.00 0.00
B-3 2,091,348.69 6.500000% 1,825.55 11,328.14 13,153.69 0.00 0.00
B-4 2,091,348.69 6.500000% 1,825.55 11,328.14 13,153.69 0.00 0.00
B-5 1,195,056.68 6.500000% 1,043.17 6,473.22 7,516.40 0.00 0.00
B-6 1,195,163.84 6.500000% 1,043.27 6,473.80 7,517.07 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 579,816,906.69 - 3,178,382.37 3,134,955.07 6,313,337.44 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A-1 157,142,254.17 0.00
A-2 62,760,650.53 0.00
A-3 95,262,378.58 0.00
A-4 625,896.91 0.00
A-5 25,000,000.00 0.00
A-6 18,592,273.64 0.00
A-7 18,592,273.64 0.00
A-8 7,068,000.00 0.00
A-9 3,556,666.00 0.00
A-10 17,755,000.00 0.00
A-11 4,843,000.00 0.00
A-12 2,183,000.00 0.00
A-13 1,136,000.00 0.00
A-14 1,578,000.00 0.00
A-15 1,868,444.00 0.00
A-16 2,000,000.00 0.00
A-17 1,000,000.00 0.00
A-18 1,625,000.00 0.00
A-19 375,000.00 0.00
A-20 47,704,099.57 0.00
A-21 24,665,296.20 0.00
A-22 11,608,445.00 0.00
A-23 3,200,334.00 0.00
A-24 60,000,000.00 0.00
A-PO 1,208,420.50 0.00
Residual A-R 0.00 0.00
A-LR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B-1 12,835,636.71 0.00
B-2 4,477,548.15 0.00
B-3 2,089,523.13 0.00
B-4 2,089,523.13 0.00
B-5 1,194,013.50 0.00
B-6 1,194,120.57 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 576,638,524.32 -
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Payment Date: 08/25/99
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-1
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 A-1 158,396,044.10 6.500000% 060506AA0 7.534614 5.155997 944.341808
A-2 63,261,334.11 6.000000% 060506AB8 7.533699 4.759411 944.348571
A-3 95,903,724.41 6.500000% 060506AC6 6.413458 5.194785 952.623786
A-4 800,677.36 6.250000% 060506AD4 91.173941 2.175375 326.498129
A-5 25,000,000.00 6.250000% 060506AE4 0.000000 5.208333 1,000.000000
A-6 18,717,444.54 5.676250% 060506AF9 6.413458 4.536446 952.623786
A-7 18,717,444.54 2.823750% 060506AG7 0.000000 2.256735 952.623786
A-8 7,068,000.00 6.500000% 060506AH5 0.000000 5.416667 1,000.000000
A-9 3,556,666.00 6.400000% 060506AJ1 0.000000 5.333333 1,000.000000
A-10 17,755,000.00 6.500000% 060506AK8 0.000000 5.416667 1,000.000000
A-11 4,843,000.00 6.500000% 060506AL6 0.000000 5.416667 1,000.000000
A-12 2,183,000.00 6.500000% 060506AM4 0.000000 5.416667 1,000.000000
A-13 1,136,000.00 6.500000% 060506AN2 0.000000 5.416667 1,000.000000
A-14 1,578,000.00 6.500000% 060506AP7 0.000000 5.416667 1,000.000000
A-15 1,868,444.00 6.500000% 060506AQ5 0.000000 5.416667 1,000.000000
A-16 2,000,000.00 6.500000% 060506AR3 0.000000 5.416667 1,000.000000
A-17 1,000,000.00 7.500000% 060506AS1 0.000000 6.250000 1,000.000000
A-18 1,625,000.00 6.176250% 060506AT9 0.000000 5.146875 1,000.000000
A-19 375,000.00 7.902917% 060506AU6 0.000000 6.585764 1,000.000000
A-20 48,014,902.40 6.400000% 060506AV4 6.216057 5.121590 954.081991
A-21 24,814,843.22 7.000000% 060506AW2 5.803144 5.617123 957.132177
A-22 11,608,445.00 6.000000% 060506AX0 0.000000 5.000000 1,000.000000
A-23 3,200,334.00 6.250000% 060506AY8 0.000000 5.208333 1,000.000000
A-24 60,000,000.00 6.500000% 060506AZ5 0.000000 5.416667 1,000.000000
A-PO 1,209,818.80 0.000000% 060506BA9 1.149079 0.000000 993.047393
Residual A-R 0.00 6.500000% 060506BB7 0.000000 0.000000 0.000000
A-LR 0.00 6.500000% 060506BC5 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 12,846,850.81 6.500000% 060506BD3 0.869188 5.393589 994.870313
B-2 4,481,460.05 6.500000% 060506BE1 0.869188 5.393589 994.870313
B-3 2,091,348.69 6.500000% 060506BF8 0.869188 5.393589 994.870313
B-4 2,091,348.69 6.500000% 060506BG6 0.869188 5.393589 994.870313
B-5 1,195,056.68 6.500000% 060506BH4 0.869188 5.393589 994.870313
B-6 1,195,163.84 6.500000% 060506BJ0 0.869188 5.393589 994.870313
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 579,816,906.69 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-1
BANK OF AMERICA, FSB, MASTER SERVICER
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Aggregated stated principal balance 576,638,523.99 576,638,523.99
Aggregated loan count 1730 1730
Aggregated average loan rate 7.073647% 7.07
Aggregated prepayment amount 2,672,134.15 2,672,134.15
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Monthly master servicing fees 277,305.08 277,305.08
Monthly sub servicer fees 0.00 0.00
Monthly trustee fees 1,691.13 1,691.13
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 6,000,846.00 6,000,846.00
Special Hazard 5,798,169.06 5,798,169.06
Aggregate Certificate Information
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Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 95.881247% 100.000000% 555,915,677.93
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Junior 4.118753% 0.000000% 23,880,365.21
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 1 245,346.80
60 to 89 days 1 319,227.73
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 2 564,574.53
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 6,313,337.44 6,313,337.44
Principal remittance amount 3,178,382.37 3,178,382.37
Interest remittance amount 3,134,955.07 3,134,955.07