Payment Date: 06/25/00


          ------------------------------------------------------------
                   BANK OF AMERICA MORTGAGE SECURITIES, INC.
               MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-5
                     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        150,684,564.22    6.500000%     1,257,637.08    816,208.06    2,073,845.14       0.00       0.00
                        A2        143,801,013.96    6.500000%     1,000,912.77    778,922.16    1,779,834.93       0.00       0.00
                        A3        115,422,465.14    6.500000%       939,170.19    625,205.02    1,564,375.21       0.00       0.00
                        A4         60,000,000.00    6.500000%             0.00    325,000.00      325,000.00       0.00       0.00
                        A5          3,282,000.00    6.750000%             0.00     18,461.25       18,461.25       0.00       0.00
                        A6          4,224,000.00    6.750000%             0.00     23,760.00       23,760.00       0.00       0.00
                        A7          1,431,000.00    6.750000%             0.00      8,049.38        8,049.38       0.00       0.00
                        A8          2,950,000.00    6.750000%             0.00     16,593.75       16,593.75       0.00       0.00
                        A9          3,113,000.00    6.750000%             0.00     17,510.63       17,510.63       0.00       0.00
                        A10         3,000,000.00    7.000000%             0.00     17,500.00       17,500.00       0.00       0.00
                        A11         2,000,000.00    7.000000%             0.00     11,666.67       11,666.67       0.00       0.00
                        A12         5,000,000.00    5.500000%             0.00     22,916.67       22,916.67       0.00       0.00
                        A13         3,325,000.00    7.000000%             0.00     19,395.83       19,395.83       0.00       0.00
                        A14         3,177,667.00    7.000000%             0.00     18,536.39       18,536.39       0.00       0.00
                        A15         5,000,000.00    6.250000%             0.00     26,041.67       26,041.67       0.00       0.00
                        A16         5,938,000.00    7.000000%             0.00     34,638.33       34,638.33       0.00       0.00
                        A17         3,160,000.00    7.000000%             0.00     18,433.33       18,433.33       0.00       0.00
                        A18         2,513,904.00    7.000000%             0.00     14,664.44       14,664.44       0.00       0.00
                        A19         1,393,429.00    0.000000%             0.00          0.00            0.00       0.00       0.00
                        A20        15,089,199.25    6.500000%        62,983.92     81,733.16      144,717.08       0.00       0.00
                        A21        11,627,800.75    6.500000%             0.00          0.00            0.00       0.00       0.00
                        A22           100,000.00    6.500000%             0.00        541.67          541.67       0.00       0.00
                        APO           725,697.69    0.000000%         1,070.08          0.00        1,070.08       0.00       0.00
Residual                AR                  0.00    6.500000%             0.00          0.00            0.00       0.00       0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate             B1         12,776,263.26    6.500000%        11,617.11     69,204.76       80,821.87       0.00       0.00
                        B2          4,456,697.92    6.500000%         4,052.36     24,140.45       28,192.80       0.00       0.00
                        B3          2,080,386.19    6.500000%         1,891.64     11,268.76       13,160.40       0.00       0.00
                        B4          2,080,386.19    6.500000%         1,891.64     11,268.76       13,160.40       0.00       0.00
                        B5          1,188,650.72    6.500000%         1,080.81      6,438.52        7,519.33       0.00       0.00
                        B6          1,188,916.34    6.500000%         1,081.05      6,439.96        7,521.01       0.00       0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals          -        -        570,730,041.65     -            3,283,388.65  3,024,539.61    6,307,928.26     -          -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information

- --------------------------------------------------------------------------------
                                             Ending Cert.          Unpaid
Type             Class Code     Name         Notional Bal.         Interest
- --------------------------------------------------------------------------------
Senior                          A1        149,426,927.14              0.00
                                A2        142,800,101.19              0.00
                                A3        114,483,294.95              0.00
                                A4         60,000,000.00              0.00
                                A5          3,282,000.00              0.00
                                A6          4,224,000.00              0.00
                                A7          1,431,000.00              0.00
                                A8          2,950,000.00              0.00
                                A9          3,113,000.00              0.00
                                A10         3,000,000.00              0.00
                                A11         2,000,000.00              0.00
                                A12         5,000,000.00              0.00
                                A13         3,325,000.00              0.00
                                A14         3,177,667.00              0.00
                                A15         5,000,000.00              0.00
                                A16         5,938,000.00              0.00
                                A17         3,160,000.00              0.00
                                A18         2,513,904.00              0.00
                                A19         1,393,429.00              0.00
                                A20        15,026,215.33              0.00
                                A21        11,690,784.67              0.00
                                A22           100,000.00              0.00
                                APO           724,627.62              0.00
Residual                        AR                  0.00              0.00
- --------------------------------------------------------------------------------
Subordinate                     B1         12,764,646.15              0.00
                                B2          4,452,645.57              0.00
                                B3          2,078,494.55              0.00
                                B4          2,078,494.55              0.00
                                B5          1,187,569.91              0.00
                                B6          1,187,835.29              0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals            -              -        567,509,636.92     -
- --------------------------------------------------------------------------------



                             Payment Date: 06/25/00


          ------------------------------------------------------------
                   BANK OF AMERICA MORTGAGE SECURITIES, INC.
               MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-5
                     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    150,684,564.22     6.500000% 060506DQ2     7.751565      5.030775    921.006929
                           A2    143,801,013.96     6.500000% 060506DR0     6.541914      5.090995    933.333995
                           A3    115,422,465.14     6.500000% 060506DS8     7.570656      5.039781    922.850492
                           A4     60,000,000.00     6.500000% 060506DT6     0.000000      5.416667  1,000.000000
                           A5      3,282,000.00     6.750000% 060506DU3     0.000000      5.625000  1,000.000000
                           A6      4,224,000.00     6.750000% 060506DV1     0.000000      5.625000  1,000.000000
                           A7      1,431,000.00     6.750000% 060506DW9     0.000000      5.625000  1,000.000000
                           A8      2,950,000.00     6.750000% 060506DX7     0.000000      5.625000  1,000.000000
                           A9      3,113,000.00     6.750000% 060506DY5     0.000000      5.625000  1,000.000000
                           A10     3,000,000.00     7.000000% 060506DZ2     0.000000      5.833333  1,000.000000
                           A11     2,000,000.00     7.000000% 060506EA6     0.000000      5.833333  1,000.000000
                           A12     5,000,000.00     5.500000% 060506EB4     0.000000      4.583333  1,000.000000
                           A13     3,325,000.00     7.000000% 060506EC2     0.000000      5.833333  1,000.000000
                           A14     3,177,667.00     7.000000% 060506ED0     0.000000      5.833333  1,000.000000
                           A15     5,000,000.00     6.250000% 060506EE8     0.000000      5.208333  1,000.000000
                           A16     5,938,000.00     7.000000% 060506EF5     0.000000      5.833333  1,000.000000
                           A17     3,160,000.00     7.000000% 060506EG3     0.000000      5.833333  1,000.000000
                           A18     2,513,904.00     7.000000% 060506EH1     0.000000      5.833333  1,000.000000
                           A19     1,393,429.00     0.000000% 060506EJ7     0.000000      0.000000  1,000.000000
                           A20    15,089,199.25     6.500000% 060506EV0     3.981536      5.166772    949.884021
                           A21    11,627,800.75     6.500000% 060506EK4     0.000000      0.000000  1,072.745886
                           A22       100,000.00     6.500000% 060506EL2     0.000000      5.416667  1,000.000000
                           APO       725,697.69     0.000000% 060506EM0     1.440988      0.000000    975.796713
Residual                   AR              0.00     6.500000% 060506EN8     0.000000      0.000000      0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate                B1     12,776,263.26     6.500000% 060506EP3     0.899924      5.360970    988.817581
                           B2      4,456,697.92     6.500000% 060506EQ1     0.899924      5.360970    988.817581
                           B3      2,080,386.19     6.500000% 060506ER9     0.899924      5.360970    988.817581
                           B4      2,080,386.19     6.500000% 060506ES7     0.899924      5.360970    988.817581
                           B5      1,188,650.72     6.500000% 060506ET5     0.899924      5.360970    988.817581
                           B6      1,188,916.34     6.500000% 060506EU2     0.899924      5.360970    988.817581
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals       -             -     570,730,041.65       -            -           -             -           -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------





          ------------------------------------------------------------
                   BANK OF AMERICA MORTGAGE SECURITIES, INC.
               MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-5
                     Bank of America, FSB, Master Servicer
          ------------------------------------------------------------

- --------------------------------------------------------------------------------
                             COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
                                           Total
                                           -----
Prin balance       567,509,636.26   567,509,636.26
Loan count                   1659             1659
Avg loan rate           7.088628%             7.09
Prepay amount        2,701,388.09     2,701,388.09

- --------------------------------------------------------------------------------
                                FEES AND ADVANCES
- --------------------------------------------------------------------------------
                                           Total
                                           -----
Master serv fees       270,829.06       270,829.06
Sub servicer fees            0.00             0.00
Trustee fees             1,664.63         1,664.63


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                6,003,829.70     6,003,829.70
Special Hazard               0.00             0.00


                         Aggregate Certificate Information
   -----------------------------------------------------------------------------
   Class            Aggregate           Aggregate                     Aggregate
   Type            Percentage           Prepay Pct.              End Cert. Bal.
   -----------------------------------------------------------------------------
   Senior           95.838560%           100.000000%            546,958,741.01
   -----------------------------------------------------------------------------
   Junior            4.161440%             0.000000%             23,749,686.03
   -----------------------------------------------------------------------------

- --------------------------------------------------------------------------------
                          DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period                             Loan Count    Ending Stated Balance
- ------                             ----------    ---------------------
30 to 59 days                           3                   840,946.21
60 to 89 days                           1                   317,616.56
90 or more                              0                         0.00
Foreclosure                             0                         0.00

Totals:                                 4                 1,158,562.77
- --------------------------------------------------------------------------------



- --------------------------------------------------------------------------------
                                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            6,307,928.26          6,307,928.26
Principal remittance amount            3,283,388.65          3,283,388.65
Interest remittance amount             3,024,539.61          3,024,539.61