Payment Date: 08/25/99
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-7
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 70,763,204.98 6.500000% 309,846.08 383,300.69 693,146.77 0.00 0.00
A-2 14,849,930.79 6.500000% 125,740.89 80,437.13 206,178.02 0.00 0.00
A-3 107,605,750.00 6.500000% 464,398.33 582,864.48 1,047,262.81 0.00 0.00
A-4 19,925,467.45 6.500000% 62,446.13 107,929.62 170,375.74 0.00 0.00
A-5 4,459,000.00 7.000000% 0.00 26,010.83 26,010.83 0.00 0.00
A-6 3,776,000.00 7.000000% 0.00 22,026.67 22,026.67 0.00 0.00
A-7 2,650,000.00 7.000000% 0.00 15,458.33 15,458.33 0.00 0.00
A-8 2,309,000.00 7.000000% 0.00 13,469.17 13,469.17 0.00 0.00
A-9 1,823,000.00 7.000000% 0.00 10,634.17 10,634.17 0.00 0.00
A-10 1,551,000.00 7.000000% 0.00 9,047.50 9,047.50 0.00 0.00
A-11 1,245,000.00 7.000000% 0.00 7,262.50 7,262.50 0.00 0.00
A-12 808,000.00 7.000000% 0.00 4,713.33 4,713.33 0.00 0.00
A-13 1,363,000.00 7.000000% 0.00 7,950.83 7,950.83 0.00 0.00
A-14 553,929.00 7.000000% 0.00 3,231.25 3,231.25 0.00 0.00
A-15 2,090,000.00 7.000000% 0.00 12,191.67 12,191.67 0.00 0.00
A-16 1,665,000.00 8.000000% 0.00 11,100.00 11,100.00 0.00 0.00
A-17 1,053,000.00 7.250000% 0.00 6,361.88 6,361.88 0.00 0.00
A-18 1,776,000.00 7.250000% 0.00 10,730.00 10,730.00 0.00 0.00
A-19 13,867,000.00 6.500000% 0.00 75,112.92 75,112.92 0.00 0.00
A-20 124,365,368.76 6.500000% 531,748.65 673,645.75 1,205,394.39 0.00 0.00
A-21 19,401,000.00 6.500000% 0.00 105,088.75 105,088.75 0.00 0.00
A-22 4,088,006.00 0.000000% 0.00 0.00 0.00 0.00 0.00
A-23 10,373,962.00 6.500000% 0.00 56,192.29 56,192.29 0.00 0.00
A-24 48,000,000.00 6.500000% 0.00 260,000.00 260,000.00 0.00 0.00
A25 16,405,103.00 7.250000% 0.00 99,114.16 99,114.16 0.00 0.00
A-PO 203,539.40 0.000000% 191.01 0.00 191.01 0.00 0.00
Residual A-R 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 11,991,202.52 6.500000% 9,857.56 64,952.35 74,809.91 0.00 0.00
B-2 3,747,937.73 6.500000% 3,081.05 20,301.33 23,382.38 0.00 0.00
B-3 1,749,570.50 6.500000% 1,438.26 9,476.84 10,915.10 0.00 0.00
B-4 1,749,570.50 6.500000% 1,438.26 9,476.84 10,915.10 0.00 0.00
B-5 1,000,182.80 6.500000% 822.22 5,417.66 6,239.87 0.00 0.00
B-6 1,000,278.95 6.500000% 822.30 5,418.18 6,240.47 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 498,209,004.37 - 1,511,830.73 2,698,917.10 4,210,747.84 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A-1 70,453,358.90 0.00
A-2 14,724,189.90 0.00
A-3 107,141,351.67 0.00
A-4 19,863,021.32 0.00
A-5 4,459,000.00 0.00
A-6 3,776,000.00 0.00
A-7 2,650,000.00 0.00
A-8 2,309,000.00 0.00
A-9 1,823,000.00 0.00
A-10 1,551,000.00 0.00
A-11 1,245,000.00 0.00
A-12 808,000.00 0.00
A-13 1,363,000.00 0.00
A-14 553,929.00 0.00
A-15 2,090,000.00 0.00
A-16 1,665,000.00 0.00
A-17 1,053,000.00 0.00
A-18 1,776,000.00 0.00
A-19 13,867,000.00 0.00
A-20 123,833,620.11 0.00
A-21 19,401,000.00 0.00
A-22 4,088,006.00 0.00
A-23 10,373,962.00 0.00
A-24 48,000,000.00 0.00
A25 16,405,103.00 0.00
A-PO 203,348.39 0.00
Residual A-R 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B-1 11,981,344.96 0.00
B-2 3,744,856.67 0.00
B-3 1,748,132.24 0.00
B-4 1,748,132.24 0.00
B-5 999,360.58 0.00
B-6 999,456.65 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 496,697,173.63 -
- --------------------------------------------------------------------------------
Payment Date: 08/25/99
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-7
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 70,763,204.98 6.500000% 060506FM9 4.355870 5.388507 990.445488
A-2 14,849,930.79 6.500000% 060506FN7 8.382726 5.362475 981.612660
A-3 107,605,750.00 6.500000% 060506FP2 4.293624 5.388910 990.582024
A-4 19,925,467.45 6.500000% 060506FQ0 3.122306 5.396481 993.151066
A-5 4,459,000.00 7.000000% 060506FR8 0.000000 5.833333 1,000.000000
A-6 3,776,000.00 7.000000% 060506FS6 0.000000 5.833333 1,000.000000
A-7 2,650,000.00 7.000000% 060506FT4 0.000000 5.833333 1,000.000000
A-8 2,309,000.00 7.000000% 060506FU1 0.000000 5.833333 1,000.000000
A-9 1,823,000.00 7.000000% 060506FV9 0.000000 5.833333 1,000.000000
A-10 1,551,000.00 7.000000% 060506FW7 0.000000 5.833333 1,000.000000
A-11 1,245,000.00 7.000000% 060506FX5 0.000000 5.833333 1,000.000000
A-12 808,000.00 7.000000% 060506GS5 0.000000 5.833333 1,000.000000
A-13 1,363,000.00 7.000000% 060506FY3 0.000000 5.833333 1,000.000000
A-14 553,929.00 7.000000% 060506FZ0 0.000000 5.833333 1,000.000000
A-15 2,090,000.00 7.000000% 060506GA4 0.000000 5.833333 1,000.000000
A-16 1,665,000.00 8.000000% 060506GB2 0.000000 6.666667 1,000.000000
A-17 1,053,000.00 7.250000% 060506GC0 0.000000 6.041667 1,000.000000
A-18 1,776,000.00 7.250000% 060506GD8 0.000000 6.041667 1,000.000000
A-19 13,867,000.00 6.500000% 060506GE6 0.000000 5.416667 1,000.000000
A-20 124,365,368.76 6.500000% 060506GF3 4.253989 5.389166 990.668961
A-21 19,401,000.00 6.500000% 060506GG1 0.000000 5.416667 1,000.000000
A-22 4,088,006.00 0.000000% 060506GH9 0.000000 0.000000 1,000.000000
A-23 10,373,962.00 6.500000% 060506GJ5 0.000000 5.416667 1,000.000000
A-24 48,000,000.00 6.500000% 060506GK2 0.000000 5.416667 1,000.000000
A25 16,405,103.00 7.250000% 060506GL0 0.000000 6.041667 1,000.000000
A-PO 203,539.40 0.000000% 060506GM8 0.937553 0.000000 998.112189
Residual A-R 0.00 6.500000% 060506GN6 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 11,991,202.52 6.500000% 060506GP1 0.821395 5.412245 998.362217
B-2 3,747,937.73 6.500000% 060506GQ9 0.821395 5.412245 998.362217
B-3 1,749,570.50 6.500000% 060506GR7 0.821395 5.412245 998.362217
B-4 1,749,570.50 6.500000% 060506FJ6 0.821395 5.412245 998.362217
B-5 1,000,182.80 6.500000% 060506FK3 0.821395 5.412245 998.362217
B-6 1,000,278.95 6.500000% 060506FL1 0.821395 5.412245 998.362217
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 498,209,004.37 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-7
BANK OF AMERICA, FSB, MASTER SERVICER
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Aggregated stated principal balance 496,697,173.43 496,697,173.43
Aggregated loan count 1418 1418
Aggregated average loan rate 7.142505% 7.14
Aggregated prepayment amount 1,102,250.77 1,102,250.77
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Monthly master servicing fees 263,805.78 263,805.78
Monthly sub servicer fees 0.00 0.00
Monthly trustee fees 1,453.11 1,453.11
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 10,000,198.58 10,000,198.58
Special Hazard 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 95.740337% 100.000000% 476,970,261.37
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Junior 4.259663% 0.000000% 21,221,283.35
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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 4,210,747.84 4,210,747.84
Principal remittance amount 1,511,830.73 1,511,830.73
Interest remittance amount 2,698,917.10 2,698,917.10