Payment Date: 03/25/01


          ------------------------------------------------------------
                   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        140,646,412.38    6.500000%     1,496,773.44    761,834.73    2,258,608.17       0.00       0.00
                        A2        135,811,972.84    6.500000%     1,191,233.68    735,648.19    1,926,881.86       0.00       0.00
                        A3        107,926,238.20    6.500000%     1,117,750.91    584,600.46    1,702,351.37       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        14,509,905.60    6.500000%        66,121.76     78,595.32      144,717.08       0.00       0.00
                        A21        12,207,094.40    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           707,452.86    0.000000%           820.79          0.00          820.79       0.00       0.00
Residual                AR                  0.00    6.500000%             0.00          0.00            0.00       0.00       0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate             B1         12,668,390.56    6.500000%        12,451.55     68,620.45       81,072.00       0.00       0.00
                        B2          4,419,069.07    6.500000%         4,343.43     23,936.62       28,280.05       0.00       0.00
                        B3          2,062,821.05    6.500000%         2,027.51     11,173.61       13,201.13       0.00       0.00
                        B4          2,062,821.05    6.500000%         2,027.51     11,173.61       13,201.13       0.00       0.00
                        B5          1,178,614.69    6.500000%         1,158.44      6,384.16        7,542.60       0.00       0.00
                        B6          1,178,878.07    6.500000%         1,158.70      6,385.59        7,544.29       0.00       0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals          -        -        544,987,670.77     -            3,895,867.72  2,882,062.75    6,777,930.47     -          -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information

- --------------------------------------------------------------------------------
                                             Ending Cert.          Unpaid
Type             Class Code     Name         Notional Bal.         Interest
- --------------------------------------------------------------------------------
Senior                          A1        139,149,638.94              0.00
                                A2        134,620,739.16              0.00
                                A3        106,808,487.29              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        14,443,783.84              0.00
                                A21        12,273,216.16              0.00
                                A22           100,000.00              0.00
                                APO           706,632.07              0.00
Residual                        AR                  0.00              0.00
- --------------------------------------------------------------------------------
Subordinate                     B1         12,655,939.01              0.00
                                B2          4,414,725.64              0.00
                                B3          2,060,793.54              0.00
                                B4          2,060,793.54              0.00
                                B5          1,177,456.25              0.00
                                B6          1,177,719.37              0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals            -              -        541,157,924.81     -
- --------------------------------------------------------------------------------



                             Payment Date: 03/25/01


          ------------------------------------------------------------
                   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    140,646,412.38     6.500000% 060506DQ2     9.225504      4.695640    857.661896
                           A2    135,811,972.84     6.500000% 060506DR0     7.785841      4.808158    879.874112
                           A3    107,926,238.20     6.500000% 060506DS8     9.010196      4.712468    860.983824
                           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    14,509,905.60     6.500000% 060506EV0     4.179895      4.968413    913.065544
                           A21    12,207,094.40     6.500000% 060506EK4     0.000000      0.000000  1,126.189774
                           A22       100,000.00     6.500000% 060506EL2     0.000000      5.416667  1,000.000000
                           APO       707,452.86     0.000000% 060506EM0     1.105287      0.000000    951.563584
Residual                   AR              0.00     6.500000% 060506EN8     0.000000      0.000000      0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate                B1     12,668,390.56     6.500000% 060506EP3     0.964564      5.315706    980.396546
                           B2      4,419,069.07     6.500000% 060506EQ1     0.964564      5.315706    980.396546
                           B3      2,062,821.05     6.500000% 060506ER9     0.964564      5.315706    980.396546
                           B4      2,062,821.05     6.500000% 060506ES7     0.964564      5.315706    980.396546
                           B5      1,178,614.69     6.500000% 060506ET5     0.964564      5.315706    980.396546
                           B6      1,178,878.07     6.500000% 060506EU2     0.964564      5.315706    980.396546
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals       -             -     544,987,670.77       -            -           -             -           -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------





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

- --------------------------------------------------------------------------------
                             COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
                                           Total
                                           -----
Prin balance       541,157,923.93   541,157,923.93
Loan count                   1598             1598
Avg loan rate           7.086297%             7.09
Prepay amount        3,294,021.06     3,294,021.06

- --------------------------------------------------------------------------------
                                FEES AND ADVANCES
- --------------------------------------------------------------------------------
                                           Total
                                           -----
Master serv fees       257,153.36       257,153.36
Sub servicer fees            0.00             0.00
Trustee fees             1,589.55         1,589.55


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           95.679090%           100.000000%            521,417,076.27
   -----------------------------------------------------------------------------
   Junior            4.320910%             0.000000%             23,547,427.35
   -----------------------------------------------------------------------------

- --------------------------------------------------------------------------------
                          DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period                             Loan Count    Ending Stated Balance
- ------                             ----------    ---------------------
30 to 59 days                           1                   256,624.50
60 to 89 days                           1                   613,994.90
90 or more                              3                   943,090.06
Foreclosure                             0                         0.00

Totals:                                 5                 1,813,709.46
- --------------------------------------------------------------------------------



- --------------------------------------------------------------------------------
                                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            6,777,930.47          6,777,930.47
Principal remittance amount            3,895,867.72          3,895,867.72
Interest remittance amount             2,882,062.75          2,882,062.75