Payment Date: 03/25/00
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-12
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 166,443,034.33 7.500000% 946,804.69 1,040,268.96 1,987,073.66 0.00 0.00
A2 3,092,000.00 7.500000% 0.00 19,325.00 19,325.00 0.00 0.00
A3 2,542,000.00 7.500000% 0.00 15,887.50 15,887.50 0.00 0.00
A4 2,043,000.00 7.500000% 0.00 12,768.75 12,768.75 0.00 0.00
A5 10,000,000.00 7.500000% 0.00 62,500.00 62,500.00 0.00 0.00
A6 22,500,000.00 7.500000% 0.00 140,625.00 140,625.00 0.00 0.00
APO 1,821,180.35 0.000000% 5,053.25 0.00 5,053.25 0.00 0.00
Residual AR 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 5,838,716.53 7.500000% 0.00 26,670.82 26,670.82 0.00 0.00
B2 1,684,456.25 7.500000% 0.00 7,694.47 7,694.47 0.00 0.00
B3 1,010,873.33 7.500000% 0.00 4,617.59 4,617.59 0.00 0.00
B4 674,580.82 7.500000% 0.00 3,081.43 3,081.43 0.00 0.00
B5 450,053.18 7.500000% 0.00 2,055.81 2,055.81 0.00 0.00
B6 449,762.08 7.500000% 0.00 2,054.48 2,054.48 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 218,549,656.87 - 951,857.95 1,337,549.82 2,289,407.76 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 165,496,229.63 0.00
A2 3,092,000.00 0.00
A3 2,542,000.00 0.00
A4 2,043,000.00 0.00
A5 10,000,000.00 0.00
A6 22,500,000.00 0.00
APO 1,816,127.09 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 5,838,716.53 9,821.16
B2 1,684,456.25 2,833.38
B3 1,010,873.33 1,700.37
B4 674,580.82 1,134.70
B5 450,053.18 757.02
B6 449,762.08 756.53
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 217,597,798.92 17,003.16
- --------------------------------------------------------------------------------
Payment Date: 03/25/00
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-12
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 166,443,034.33 7.500000% 060506KM3 5.476658 6.017289 957.289621
A2 3,092,000.00 7.500000% 060506KN1 0.000000 6.250000 1,000.000000
A3 2,542,000.00 7.500000% 060506KP6 0.000000 6.250000 1,000.000000
A4 2,043,000.00 7.500000% 060506KQ4 0.000000 6.250000 1,000.000000
A5 10,000,000.00 7.500000% 060506KR2 0.000000 6.250000 1,000.000000
A6 22,500,000.00 7.500000% 060506KS0 0.000000 6.250000 1,000.000000
APO 1,821,180.35 0.000000% 060506KT8 2.765981 0.000000 994.086940
Residual AR 0.00 7.500000% 060506KU5 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 5,838,716.53 7.500000% 060506KV3 0.000000 4.558335 997.900621
B2 1,684,456.25 7.500000% 060506KW1 0.000000 4.558335 997.900621
B3 1,010,873.33 7.500000% 060506KX9 0.000000 4.558335 997.900622
B4 674,580.82 7.500000% 060506KY7 0.000000 4.558335 997.900625
B5 450,053.18 7.500000% 060506KZ4 0.000000 4.558335 997.900627
B6 449,762.08 7.500000% 060506LA8 0.000000 4.558335 997.900613
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 218,549,656.87 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-12
Bank of America, FSB, Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Aggregated stated principal balance 217,590,704.21 217,590,704.21
Aggregated loan count 598 598
Aggregated average loan rate 7.962335% 7.96
Aggregated prepayment amount 802,494.99 802,494.99
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Monthly master servicing fees 93,276.90 93,276.90
Monthly sub servicer fees 24,098.59 24,098.59
Monthly trustee fees 819.56 819.56
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 4,500,274.76 4,500,274.76
Special Hazard 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 95.374762% 100.000000% 208,441,214.67
-----------------------------------------------------------------------------
Junior 4.625238% 0.000000% 10,108,442.20
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 2,289,407.76 2,289,407.76
Principal remittance amount 951,857.95 951,857.95
Interest remittance amount 1,337,549.82 1,337,549.82