Payment Date: 01/25/00
------------------------------------------------------------
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 69,194,961.55 6.500000% 203,799.44 374,806.04 578,605.49 0.00 0.00
A-2 14,213,510.52 6.500000% 82,705.33 76,989.85 159,695.18 0.00 0.00
A-3 105,255,261.57 6.500000% 305,455.28 570,132.67 875,587.95 0.00 0.00
A-4 19,609,404.93 6.500000% 41,073.58 106,217.61 147,291.19 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-20 121,673,995.94 6.500000% 349,754.56 659,067.48 1,008,822.04 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 202,147.22 0.000000% 236.08 0.00 236.08 0.00 0.00
Residual A-R 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 11,941,114.41 6.500000% 10,262.98 64,681.04 74,944.01 0.00 0.00
B-2 3,732,282.32 6.500000% 3,207.77 20,216.53 23,424.30 0.00 0.00
B-3 1,742,262.42 6.500000% 1,497.41 9,437.25 10,934.67 0.00 0.00
B-4 1,742,262.42 6.500000% 1,497.41 9,437.25 10,934.67 0.00 0.00
B-5 996,004.96 6.500000% 856.03 5,395.03 6,251.06 0.00 0.00
B-6 996,100.71 6.500000% 856.11 5,395.55 6,251.66 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 490,556,308.99 - 1,001,202.00 2,657,472.55 3,658,674.55 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A-1 68,991,162.11 0.00
A-2 14,130,805.19 0.00
A-3 104,949,806.29 0.00
A-4 19,568,331.35 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-20 121,324,241.39 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 201,911.13 0.00
Residual A-R 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B-1 11,930,851.43 0.00
B-2 3,729,074.55 0.00
B-3 1,740,765.01 0.00
B-4 1,740,765.01 0.00
B-5 995,148.93 0.00
B-6 995,244.60 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 489,555,106.99 -
- --------------------------------------------------------------------------------
Payment Date: 01/25/00
------------------------------------------------------------
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 69,194,961.55 6.500000% 060506FM9 2.865048 5.269088 969.889673
A-2 14,213,510.52 6.500000% 060506FN7 5.513689 5.132657 942.053679
A-3 105,255,261.57 6.500000% 060506FP2 2.824106 5.271197 970.319955
A-4 19,609,404.93 6.500000% 060506FQ0 2.053679 5.310881 978.416568
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-20 121,673,995.94 6.500000% 060506GF3 2.798036 5.272540 970.593931
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 202,147.22 0.000000% 060506GM8 1.158792 0.000000 991.057573
Residual A-R 0.00 6.500000% 060506GN6 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 11,941,114.41 6.500000% 060506GP1 0.855177 5.389637 994.154773
B-2 3,732,282.32 6.500000% 060506GQ9 0.855177 5.389637 994.154773
B-3 1,742,262.42 6.500000% 060506GR7 0.855177 5.389637 994.154773
B-4 1,742,262.42 6.500000% 060506FJ6 0.855177 5.389637 994.154773
B-5 996,004.96 6.500000% 060506FK3 0.855177 5.389637 994.154773
B-6 996,100.71 6.500000% 060506FL1 0.855177 5.389637 994.154773
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 490,556,308.99 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
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 489,555,106.77 489,555,106.77
Aggregated loan count 1402 1402
Aggregated average loan rate 7.142366% 7.14
Aggregated prepayment amount 579,571.07 579,571.07
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Monthly master servicing fees 258,301.28 258,301.28
Monthly sub servicer fees 0.00 0.00
Monthly trustee fees 1,430.79 1,430.79
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 95.692109% 100.000000% 469,406,281.74
-----------------------------------------------------------------------------
Junior 4.307891% 0.000000% 21,131,849.52
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 1 250,009.05
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 1 250,009.05
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 3,658,674.55 3,658,674.55
Principal remittance amount 1,001,202.00 1,001,202.00
Interest remittance amount 2,657,472.55 2,657,472.55