Payment Date: 03/25/01 ------------------------------------------------------------ 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 62,877,856.82 6.500000% 909,426.29 340,588.39 1,250,014.68 0.00 0.00 A-2 11,649,920.32 6.500000% 369,060.90 63,103.74 432,164.63 0.00 0.00 A-3 95,787,164.14 6.500000% 1,363,051.13 518,847.14 1,881,898.27 0.00 0.00 A-4 18,336,260.73 6.500000% 183,285.04 99,321.41 282,606.45 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 7.000000% 0.00 9,712.50 9,712.50 0.00 0.00 A-17 1,053,000.00 7.250000% 0.00 6,361.87 6,361.87 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-20 110,832,768.32 6.500000% 1,560,730.40 600,344.16 2,161,074.57 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 159,312.14 0.000000% 175.95 0.00 175.95 0.00 0.00 Residual A-R 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B-1 11,789,751.77 6.500000% 11,460.43 63,861.16 75,321.58 0.00 0.00 B-2 3,684,972.82 6.500000% 3,582.04 19,960.27 23,542.31 0.00 0.00 B-3 1,720,177.93 6.500000% 1,672.13 9,317.63 10,989.76 0.00 0.00 B-4 1,720,177.93 6.500000% 1,672.13 9,317.63 10,989.76 0.00 0.00 B-5 983,379.84 6.500000% 955.91 5,326.64 6,282.55 0.00 0.00 B-6 983,474.38 6.500000% 955.98 5,327.15 6,283.14 48,635.94 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 459,782,217.14 - 4,406,028.33 2,489,624.07 6,895,652.40 48,635.94 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior A-1 61,968,430.53 0.00 A-2 11,280,859.42 0.00 A-3 94,424,113.01 0.00 A-4 18,152,975.69 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-20 109,272,037.92 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 159,136.18 0.00 Residual A-R 0.00 0.00 - -------------------------------------------------------------------------------- Subordinate B-1 11,778,291.34 0.00 B-2 3,681,390.78 0.00 B-3 1,718,505.80 0.00 B-4 1,718,505.80 0.00 B-5 982,423.93 0.00 B-6 933,882.46 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 455,327,552.87 - - -------------------------------------------------------------------------------- Payment Date: 03/25/01 ------------------------------------------------------------ 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 62,877,856.82 6.500000% 060506FM9 12.784872 4.788050 871.162899 A-2 11,649,920.32 6.500000% 060506FN7 24.604060 4.206916 752.057295 A-3 95,787,164.14 6.500000% 060506FP2 12.602174 4.797033 873.004003 A-4 18,336,260.73 6.500000% 060506FQ0 9.164252 4.966071 907.648784 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 7.000000% 060506GB2 0.000000 5.833333 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-20 110,832,768.32 6.500000% 060506GF3 12.485843 4.802753 874.176303 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 159,312.14 0.000000% 060506GM8 0.863643 0.000000 781.101659 Residual A-R 0.00 6.500000% 060506GN6 0.000000 0.000000 0.000000 - ------------------------------------------------------------------------------------------------------------------------ Subordinate B-1 11,789,751.77 6.500000% 060506GP1 0.954956 5.321320 981.442491 B-2 3,684,972.82 6.500000% 060506GQ9 0.954956 5.321320 981.442491 B-3 1,720,177.93 6.500000% 060506GR7 0.954956 5.321320 981.442491 B-4 1,720,177.93 6.500000% 060506FJ6 0.954956 5.321320 981.442491 B-5 983,379.84 6.500000% 060506FK3 0.954956 5.321320 981.442491 B-6 983,474.38 6.500000% 060506FL1 0.954935 5.321320 932.859830 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 459,782,217.14 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 1999-7 BANK OF AMERICA, FSB, MASTER SERVICER ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- Prin balance 455,327,551.90 455,327,551.90 Loan count 1333 1333 Avg loan rate 7.142455% 7.14 Prepay amount 3,656,947.14 3,656,947.14 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- Master serv fees 240,244.14 240,244.14 Sub servicer fees 0.00 0.00 Trustee fees 1,341.03 1,341.03 Agg advances N/A N/A Adv this period 0.00 0.00 - -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES - -------------------------------------------------------------------------------- Total ----- Realized losses 48,635.94 48,635.94 Cumulative losses 48,635.94 48,635.94 Coverage Amounts Total - ---------------- ----- Bankruptcy 0.00 0.00 Fraud 5,000,099.29 5,000,099.29 Special Hazard 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 95.472613% 100.000000% 438,900,282.46 ----------------------------------------------------------------------------- Junior 4.527387% 0.000000% 20,813,000.12 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 1 341,764.16 60 to 89 days 2 977,862.83 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 3 1,319,626.99 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 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 6,895,652.40 6,895,652.40 Principal remittance amount 4,406,028.33 4,406,028.33 Interest remittance amount 2,489,624.07 2,489,624.07