Payment Date: 08/25/99
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-2
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 96,150,001.96 6.500000% 515,240.84 520,812.51 1,036,053.35 0.00 0.00
A-2 96,749,849.70 6.500000% 434,963.90 524,061.69 959,025.58 0.00 0.00
A-3 26,800,000.00 6.500000% 0.00 145,166.67 145,166.67 0.00 0.00
A-4 4,826,000.00 6.500000% 0.00 26,140.83 26,140.83 0.00 0.00
A-5 7,621,000.00 6.500000% 0.00 41,280.42 41,280.42 0.00 0.00
A-6 6,009,000.00 6.500000% 0.00 32,548.75 32,548.75 0.00 0.00
A-7 8,456,429.00 6.900000% 0.00 48,624.47 48,624.47 0.00 0.00
A-8 3,382,571.00 5.500000% 0.00 15,503.45 15,503.45 0.00 0.00
A-9 316,024.53 6.500000% 1,201.18 1,711.80 2,912.98 0.00 0.00
A-10 7,386,530.54 6.500000% 35,631.09 0.00 35,631.09 0.00 0.00
A-11 50,559,000.00 5.750000% 0.00 242,261.88 242,261.88 0.00 0.00
A-12 48,883,000.00 5.900000% 0.00 240,341.42 240,341.42 0.00 0.00
A-13 73,382,775.88 6.350000% 992,940.83 388,317.19 1,381,258.02 0.00 0.00
PAC IO A 35,844,455.38 8.683224% 0.00 92,015.39 92,015.39 0.00 0.00
A-PO 744,916.08 0.000000% 780.64 0.00 780.64 0.00 0.00
Residual A-R 0.00 6.500000% 0.00 7.96 7.96 0.00 0.00
A-LR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 10,722,544.77 6.500000% 9,067.17 58,080.45 67,147.62 0.00 0.00
B-2 3,740,422.71 6.500000% 3,162.97 20,260.62 23,423.59 0.00 0.00
B-3 1,745,531.26 6.500000% 1,476.05 9,454.96 10,931.01 0.00 0.00
B-4 1,745,531.26 6.500000% 1,476.05 9,454.96 10,931.01 0.00 0.00
B-5 997,446.72 6.500000% 843.46 5,402.84 6,246.30 0.00 0.00
B-6 997,831.44 6.500000% 843.78 5,404.92 6,248.70 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 487,060,862.23 - 1,997,627.95 2,426,853.16 4,424,481.11 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A-1 95,634,761.12 0.00
A-2 96,314,885.80 0.00
A-3 26,800,000.00 0.00
A-4 4,826,000.00 0.00
A-5 7,621,000.00 0.00
A-6 6,009,000.00 0.00
A-7 8,456,429.00 0.00
A-8 3,382,571.00 0.00
A-9 314,823.35 0.00
A-10 7,390,909.83 0.00
A-11 50,559,000.00 0.00
A-12 48,883,000.00 0.00
A-13 72,389,835.05 0.00
PAC IO A 36,011,811.18 0.00
A-PO 744,135.44 0.00
Residual A-R 0.00 0.00
A-LR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B-1 10,713,477.59 0.00
B-2 3,737,259.74 0.00
B-3 1,744,055.21 0.00
B-4 1,744,055.21 0.00
B-5 996,603.26 0.00
B-6 996,987.66 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 485,270,600.45 -
- --------------------------------------------------------------------------------
Payment Date: 08/25/99
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-2
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 96,150,001.96 6.500000% 060506BK7 5.152408 5.208125 956.347611
A-2 96,749,849.70 6.500000% 060506BL5 4.349639 5.240617 963.148858
A-3 26,800,000.00 6.500000% 060506BM3 0.000000 5.416667 1,000.000000
A-4 4,826,000.00 6.500000% 060506BN1 0.000000 5.416667 1,000.000000
A-5 7,621,000.00 6.500000% 060506BP6 0.000000 5.416667 1,000.000000
A-6 6,009,000.00 6.500000% 060506BQ4 0.000000 5.416667 1,000.000000
A-7 8,456,429.00 6.900000% 060506BR2 0.000000 5.750000 1,000.000000
A-8 3,382,571.00 5.500000% 060506BS0 0.000000 4.583333 1,000.000000
A-9 316,024.53 6.500000% 060506BT8 3.695928 5.267076 968.687244
A-10 7,386,530.54 6.500000% 060506BU5 3.181631 0.000000 659.961588
A-11 50,559,000.00 5.750000% 060506BV3 0.000000 4.791667 1,000.000000
A-12 48,883,000.00 5.900000% 060506BW1 0.000000 4.916667 1,000.000000
A-13 73,382,775.88 6.350000% 060506BX9 13.002224 5.084882 947.920372
PAC IO A 35,844,455.38 8.683224% 060506BY7 0.000000 2.615262 1,023.528058
A-PO 744,916.08 0.000000% 060506BZ4 1.042286 0.000000 993.549039
Residual A-R 0.00 6.500000% 060506CA8 0.000000 79.550602 0.000000
A-LR 0.00 6.500000% 060506CB6 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 10,722,544.77 6.500000% 060506CC4 0.842823 5.398766 995.852389
B-2 3,740,422.71 6.500000% 060506CD2 0.842823 5.398766 995.852389
B-3 1,745,531.26 6.500000% 060506CE0 0.842823 5.398766 995.852389
B-4 1,745,531.26 6.500000% 060506CF7 0.842823 5.398766 995.852389
B-5 997,446.72 6.500000% 060506CQ5 0.842823 5.398766 995.852389
B-6 997,831.44 6.500000% 060506CH3 0.842822 5.398762 995.851623
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 487,060,862.23 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-2
BANK OF AMERICA, FSB, MASTER SERVICER
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Aggregated stated principal balance 485,272,071.83 485,272,071.83
Aggregated loan count 1442 1442
Aggregated average loan rate 7.168618% 7.17
Aggregated prepayment amount 1,378,314.67 1,378,314.67
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Monthly master servicing fees 272,553.61 272,553.61
Monthly sub servicer fees 0.00 0.00
Monthly trustee fees 1,420.60 1,420.60
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 5,003,766.00 5,003,766.00
Special Hazard 4,870,623.34 4,870,623.34
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 95.907466% 100.000000% 467,111,554.07
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Junior 4.092534% 0.000000% 19,932,438.67
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- --------------------------------------------------------------------------------
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 4,424,481.11 4,424,481.11
Principal remittance amount 1,997,627.95 1,997,627.95
Interest remittance amount 2,426,853.16 2,426,853.16