Payment Date: 04/25/00


          ------------------------------------------------------------
                   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        91,901,600.18    6.500000%       655,033.78    497,800.33    1,152,834.12       0.00       0.00
                        A-2        93,163,368.83    6.500000%       552,976.45    504,634.91    1,057,611.36       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           306,120.27    6.500000%         1,527.07      1,658.15        3,185.23       0.00       0.00
                        A-10        7,577,657.91    6.500000%             0.00          0.00            0.00       0.00       0.00
                        A-11       49,984,921.38    5.750000%     1,044,011.78    239,511.08    1,283,522.86       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       65,629,995.99    6.350000%       215,792.52    347,292.06      563,084.58       0.00       0.00
                        PAC IO A   37,208,960.92    8.560337%             0.00     90,687.49       90,687.49       0.00       0.00
                        A-PO          738,332.83    0.000000%        14,261.26          0.00       14,261.26       0.00       0.00
Residual                A-R                 0.00    6.500000%             0.00          8.05            8.05       0.00       0.00
                        A-LR                0.00    6.500000%             0.00          0.00            0.00       0.00       0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate             B-1        10,647,879.49    6.500000%         9,665.71     57,676.01       67,341.72       0.00       0.00
                        B-2         3,714,376.68    6.500000%         3,371.76     20,119.54       23,491.30       0.00       0.00
                        B-3         1,733,376.44    6.500000%         1,573.49      9,389.12       10,962.61       0.00       0.00
                        B-4         1,733,376.44    6.500000%         1,573.49      9,389.12       10,962.61       0.00       0.00
                        B-5           990,501.11    6.500000%           899.14      5,365.21        6,264.35       0.00       0.00
                        B-6           990,883.15    6.500000%           899.48      5,367.28        6,266.77       0.00       0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals          -        -        472,299,351.64     -            2,501,585.93  2,338,504.38    4,840,090.31     -          -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information

- --------------------------------------------------------------------------------
                                             Ending Cert.          Unpaid
Type             Class Code     Name         Notional Bal.         Interest
- --------------------------------------------------------------------------------
Senior                          A-1        91,246,566.40              0.00
                                A-2        92,610,392.38              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           304,593.19              0.00
                                A-10        7,618,703.56              0.00
                                A-11       48,940,909.60              0.00
                                A-12       48,883,000.00              0.00
                                A-13       65,414,203.48              0.00
                                PAC IO A   37,383,707.79              0.00
                                A-PO          724,071.57              0.00
Residual                        A-R                 0.00              0.00
                                A-LR                0.00              0.00
- --------------------------------------------------------------------------------
Subordinate                     B-1        10,638,213.78              0.00
                                B-2         3,711,004.92              0.00
                                B-3         1,731,802.96              0.00
                                B-4         1,731,802.96              0.00
                                B-5           989,601.97              0.00
                                B-6           989,983.67              0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals            -              -        470,013,558.23     -
- --------------------------------------------------------------------------------



                             Payment Date: 04/25/00


          ------------------------------------------------------------
                   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    91,901,600.18     6.500000% 060506BK7     6.550338      4.978003    912.465664
                           A-2    93,163,368.83     6.500000% 060506BL5     5.529764      5.046349    926.103924
                           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       306,120.27     6.500000% 060506BT8     4.698692      5.102004    937.209820
                           A-10    7,577,657.91     6.500000% 060506BU5     0.000000      0.000000    680.302130
                           A-11   49,984,921.38     5.750000% 060506BV3    20.649376      4.737259    967.995997
                           A-12   48,883,000.00     5.900000% 060506BW1     0.000000      4.916667  1,000.000000
                           A-13   65,629,995.99     6.350000% 060506BX9     2.825730      4.547672    856.576839
                           PAC IO A 37,208,960.92     8.560337% 060506BY7     0.000000      2.577521  1,062.520117
                           A-PO      738,332.83     0.000000% 060506BZ4    19.041239      0.000000    966.760314
Residual                   A-R             0.00     6.500000% 060506CA8     0.000000     80.472862      0.000000
                           A-LR            0.00     6.500000% 060506CB6     0.000000      0.000000      0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate                B-1    10,647,879.49     6.500000% 060506CC4     0.898459      5.361172    988.856374
                           B-2     3,714,376.68     6.500000% 060506CD2     0.898459      5.361172    988.856374
                           B-3     1,733,376.44     6.500000% 060506CE0     0.898459      5.361172    988.856374
                           B-4     1,733,376.44     6.500000% 060506CF7     0.898459      5.361172    988.856374
                           B-5       990,501.11     6.500000% 060506CQ5     0.898459      5.361172    988.856374
                           B-6       990,883.15     6.500000% 060506CH3     0.898458      5.361168    988.855613
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals       -             -     472,299,351.64       -            -           -             -           -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------





          ------------------------------------------------------------
                   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  470,015,029.61   470,015,029.61
Aggregated loan count                          1408             1408
Aggregated average loan rate              7.166838%             7.17
Aggregated prepayment amount           1,856,985.30     1,856,985.30

- --------------------------------------------------------------------------------
                                FEES AND ADVANCES
- --------------------------------------------------------------------------------
                                                             Total
                                                             -----
Monthly master servicing fees            262,263.33       262,263.33
Monthly sub servicer fees                      0.00             0.00
Monthly trustee fees                       1,377.54         1,377.54


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                         4,728,404.17     4,728,404.17


                         Aggregate Certificate Information
   -----------------------------------------------------------------------------
   Class            Aggregate           Aggregate                     Aggregate
   Type            Percentage           Prepay Pct.              End Cert. Bal.
   -----------------------------------------------------------------------------
   Senior           95.809191%           100.000000%            452,488,958.32
   -----------------------------------------------------------------------------
   Junior            4.190809%             0.000000%             19,792,410.25
   -----------------------------------------------------------------------------

- --------------------------------------------------------------------------------
                          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            4,840,090.31          4,840,090.31
Principal remittance amount            2,501,585.93          2,501,585.93
Interest remittance amount             2,338,504.38          2,338,504.38