Payment Date: 04/25/00 ------------------------------------------------------------ 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 68,488,827.00 6.500000% 497,221.94 370,981.15 868,203.09 0.00 0.00 A-2 13,926,948.93 6.500000% 201,781.25 75,437.64 277,218.89 0.00 0.00 A-3 104,196,904.77 6.500000% 745,237.89 564,399.90 1,309,637.79 0.00 0.00 A-4 19,467,091.14 6.500000% 100,209.71 105,446.74 205,656.45 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-20 120,462,148.78 6.500000% 853,317.54 652,503.31 1,505,820.84 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 201,487.55 0.000000% 206.80 0.00 206.80 0.00 0.00 Residual A-R 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B-1 11,910,082.04 6.500000% 10,507.28 64,512.94 75,020.23 0.00 0.00 B-2 3,722,582.93 6.500000% 3,284.13 20,163.99 23,448.12 0.00 0.00 B-3 1,737,734.66 6.500000% 1,533.06 9,412.73 10,945.79 0.00 0.00 B-4 1,737,734.66 6.500000% 1,533.06 9,412.73 10,945.79 0.00 0.00 B-5 993,416.56 6.500000% 876.41 5,381.01 6,257.42 0.00 0.00 B-6 993,512.06 6.500000% 876.49 5,381.52 6,258.02 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 487,095,471.07 - 2,416,585.56 2,638,729.91 5,055,315.47 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior A-1 67,991,605.06 0.00 A-2 13,725,167.67 0.00 A-3 103,451,666.88 0.00 A-4 19,366,881.43 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-20 119,608,831.25 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 201,280.75 0.00 Residual A-R 0.00 0.00 - -------------------------------------------------------------------------------- Subordinate B-1 11,899,574.75 0.00 B-2 3,719,298.80 0.00 B-3 1,736,201.60 0.00 B-4 1,736,201.60 0.00 B-5 992,540.15 0.00 B-6 992,635.57 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 484,678,885.51 - - -------------------------------------------------------------------------------- Payment Date: 04/25/00 ------------------------------------------------------------ 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 68,488,827.00 6.500000% 060506FM9 6.990032 5.215317 955.837727 A-2 13,926,948.93 6.500000% 060506FN7 13.452083 5.029176 915.011178 A-3 104,196,904.77 6.500000% 060506FP2 6.890143 5.218194 956.468814 A-4 19,467,091.14 6.500000% 060506FQ0 5.010485 5.272337 968.344072 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-20 120,462,148.78 6.500000% 060506GF3 6.826540 5.220026 956.870650 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 201,487.55 0.000000% 060506GM8 1.015073 0.000000 987.963409 Residual A-R 0.00 6.500000% 060506GN6 0.000000 0.000000 0.000000 - ------------------------------------------------------------------------------------------------------------------------ Subordinate B-1 11,910,082.04 6.500000% 060506GP1 0.875534 5.375631 991.548601 B-2 3,722,582.93 6.500000% 060506GQ9 0.875534 5.375631 991.548601 B-3 1,737,734.66 6.500000% 060506GR7 0.875534 5.375631 991.548601 B-4 1,737,734.66 6.500000% 060506FJ6 0.875534 5.375631 991.548601 B-5 993,416.56 6.500000% 060506FK3 0.875534 5.375631 991.548601 B-6 993,512.06 6.500000% 060506FL1 0.875534 5.375631 991.548601 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 487,095,471.07 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 1999-7 BANK OF AMERICA, FSB, MASTER SERVICER ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- Prin balance 484,678,885.23 484,678,885.23 Loan count 1397 1397 Avg loan rate 7.141937% 7.14 Prepay amount 1,986,847.21 1,986,847.21 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- Master serv fees 255,572.38 255,572.38 Sub servicer fees 0.00 0.00 Trustee fees 1,420.70 1,420.70 Agg advances N/A N/A Adv this period 0.00 0.00 - -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES - -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 Cumulative losses 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 95.672869% 100.000000% 466,000,408.17 ----------------------------------------------------------------------------- Junior 4.327131% 0.000000% 21,076,452.47 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 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 5,055,315.47 5,055,315.47 Principal remittance amount 2,416,585.56 2,416,585.56 Interest remittance amount 2,638,729.91 2,638,729.91