SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 25, 2001
BA
(Depositor)
(Issuer in respect of Mortgage Pass-Through Certificates, Series 2001-8)
(Exact name of registrant as specified in charter)
Delaware 33-63714 95-4449516
(State or other (Commission File No.) (I.R.S. Employer
jurisdiction of Identification No.)
organization)
155 N. Lake Avenue, Pasadena, CA 91110-7137
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code: (818)-304-4428
Not Applicable
(Former name, former address and former fiscal year,
if changed since last report)
Item 5. Other Events
BA
Mortgage Pass-Through Certificates
Series 2001-8
On September 25, 2001, The Bank of New York, as Trustee for BA, Mortgage
Pass-Through Certificates Series 2001-8, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of July 1, 2001, among BA as Depositor, Bank of
America Mortgage Securities, Inc., Seller and Master Servicer and The Bank of
New York, as Trustee.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description
99 Report to Holders of BA, Mortgage Pass-Through Certificates
Series 2001-8 relating to the distribution date of September
25, 2001 prepared by The Bank of New York, as Trustee under
the Pooling and Servicing Agreement dated as of July 1,
2001.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: September 25, 2001
BA
By: /s/ Courtney Bartholomew
------------------------------
Name: Courtney Bartholomew
Vice President
The Bank of New York,
as Trustee
EXHIBIT INDEX
Exhibit
Payment Date: 09/25/01
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8
Bank of America, NA, Master Servicer
------------------------------------------------------------
Class Information Current Payment Information
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Beginning Pass Thru Principal Interest Total Principal Interest
Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls
----------------------------------------------------------------------------------------------------------------------------------
Senior A1 278,069,099.27 6.750000% 2,309,428.42 1,564,138.68 3,873,567.11 0.00 0.00
A2 83,093,784.67 6.750000% 616,171.69 467,402.54 1,083,574.23 0.00 0.00
A3 70,000,000.00 6.750000% 0.00 393,750.00 393,750.00 0.00 0.00
A4 8,331,000.00 6.750000% 0.00 46,861.88 46,861.88 0.00 0.00
A5 12,596,458.75 6.750000% 0.00 0.00 0.00 0.00 0.00
A6 9,929,541.25 6.750000% 70,855.08 55,853.67 126,708.75 0.00 0.00
A7 25,000,000.00 6.000000% 0.00 125,000.00 125,000.00 0.00 0.00
A8 46,466,043.64 4.433750% 390,763.90 171,682.35 562,446.25 0.00 0.00
A9 12,046,752.57 15.684107% 101,309.16 157,452.13 258,761.29 0.00 0.00
A10 1,443,029.24 6.750000% 702,802.07 0.00 702,802.07 0.00 0.00
A11 2,140,000.00 6.750000% 0.00 12,037.50 12,037.50 0.00 0.00
A12 1,450,000.00 6.750000% 0.00 8,156.25 8,156.25 0.00 0.00
A13 2,213,000.00 6.750000% 0.00 12,448.13 12,448.13 0.00 0.00
A14 9,474,000.00 6.750000% 0.00 53,291.25 53,291.25 0.00 0.00
A15 32,745,000.00 5.750000% 0.00 156,903.13 156,903.13 0.00 0.00
A16 10,190,000.00 6.500000% 0.00 55,195.83 55,195.83 0.00 0.00
A17 15,002,000.00 6.750000% 0.00 84,386.25 84,386.25 0.00 0.00
A18 0.00 0.000000% 0.00 45,035.42 45,035.42 0.00 0.00
A19 72,000,000.00 6.750000% 0.00 405,000.00 405,000.00 0.00 0.00
Residual AR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
ALR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
2A1 295,972,371.82 6.500000% 2,335,890.81 1,603,183.68 3,939,074.49 0.00 0.00
3A1 116,882,745.54 6.750000% 688,305.31 657,465.44 1,345,770.75 0.00 0.00
3A2 8,778,100.63 6.750000% 0.00 0.00 0.00 0.00 0.00
3A3 14,500,000.00 6.750000% 0.00 81,562.50 81,562.50 0.00 0.00
APO 3,368,548.82 0.000000% 7,508.04 0.00 7,508.04 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,254,261.06 6.750000% 9,790.63 68,930.22 78,720.84 0.00 0.00
B2 5,406,703.08 6.750000% 4,319.72 30,412.70 34,732.43 0.00 0.00
B3 2,883,708.20 6.750000% 2,303.96 16,220.86 18,524.82 0.00 0.00
B4 1,802,567.43 6.750000% 1,440.17 10,139.44 11,579.62 0.00 0.00
B5 1,441,854.10 6.750000% 1,151.98 8,110.43 9,262.41 0.00 0.00
B6 1,441,839.17 6.750000% 1,151.97 8,110.35 9,262.31 0.00 0.00
2B1 1,969,621.86 6.500000% 6,429.01 10,668.79 17,097.79 0.00 0.00
2B2 1,060,565.62 6.500000% 3,461.77 5,744.73 9,206.50 0.00 0.00
2B3 606,037.49 6.500000% 1,978.16 3,282.70 5,260.86 0.00 0.00
2B4 303,018.75 6.500000% 989.08 1,641.35 2,630.43 0.00 0.00
2B5 303,018.75 6.500000% 989.08 1,641.35 2,630.43 0.00 0.00
2B6 303,723.07 6.500000% 991.38 1,645.17 2,636.54 0.00 0.00
3B1 2,839,728.72 6.750000% 2,288.31 15,973.47 18,261.78 0.00 0.00
3B2 801,359.06 6.750000% 645.75 4,507.64 5,153.39 0.00 0.00
3B3 437,649.96 6.750000% 352.67 2,461.78 2,814.45 0.00 0.00
3B4 437,649.96 6.750000% 352.67 2,461.78 2,814.45 0.00 0.00
3B5 291,766.64 6.750000% 235.11 1,641.19 1,876.30 0.00 0.00
3B6 292,014.33 6.750000% 235.31 1,642.58 1,877.89 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 1,166,568,563.43 - 7,262,141.17 6,352,273.63 13,614,414.80 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior A1 275,759,670.84 0.00
A2 82,477,612.98 0.00
A3 70,000,000.00 0.00
A4 8,331,000.00 0.00
A5 12,667,313.83 0.00
A6 9,858,686.17 0.00
A7 25,000,000.00 0.00
A8 46,075,279.74 0.00
A9 11,945,443.41 0.00
A10 748,344.21 0.00
A11 2,140,000.00 0.00
A12 1,450,000.00 0.00
A13 2,213,000.00 0.00
A14 9,474,000.00 0.00
A15 32,745,000.00 0.00
A16 10,190,000.00 0.00
A17 15,002,000.00 0.00
A18 0.00 0.00
A19 72,000,000.00 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
2A1 293,636,481.01 0.00
3A1 116,194,440.24 0.00
3A2 8,827,477.44 0.00
3A3 14,500,000.00 0.00
APO 3,361,040.78 0.00
--------------------------------------------------------------------------------
Subordinate B1 12,244,470.44 0.00
B2 5,402,383.36 0.00
B3 2,881,404.25 0.00
B4 1,801,127.26 0.00
B5 1,440,702.12 0.00
B6 1,440,687.21 0.00
2B1 1,963,192.85 0.00
2B2 1,057,103.84 0.00
2B3 604,059.34 0.00
2B4 302,029.67 0.00
2B5 302,029.67 0.00
2B6 302,731.69 0.00
3B1 2,837,440.42 0.00
3B2 800,713.31 0.00
3B3 437,297.29 0.00
3B4 437,297.29 0.00
3B5 291,531.53 0.00
3B6 291,779.02 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 1,159,434,771.19 -
--------------------------------------------------------------------------------
Payment Date: 09/25/01
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8
Bank of America, NA, Master Servicer
------------------------------------------------------------
Class Information Current Payment Information
Factors per $1,000
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Beginning Pass Thru CUSIP Principal Interest Ending Cert./
Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal.
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Senior A1 278,069,099.27 6.750000% 060506P22 8.282212 5.609408 988.945965
A2 83,093,784.67 6.750000% 060506P30 7.397019 5.611075 990.127407
A3 70,000,000.00 6.750000% 060506P48 0.000000 5.625000 1,000.000000
A4 8,331,000.00 6.750000% 060506P55 0.000000 5.625000 1,000.000000
A5 12,596,458.75 6.750000% 060506P63 0.000000 0.000000 1,011.281641
A6 9,929,541.25 6.750000% 060506P71 7.085508 5.585367 985.868617
A7 25,000,000.00 6.000000% 060506P89 0.000000 5.000000 1,000.000000
A8 46,466,043.64 4.433750% 060506P97 8.351971 3.669443 984.787466
A9 12,046,752.57 15.684107% 060506Q21 8.351971 12.980421 984.787466
A10 1,443,029.24 6.750000% 060506Q39 489.416482 0.000000 521.131066
A11 2,140,000.00 6.750000% 060506Q47 0.000000 5.625000 1,000.000000
A12 1,450,000.00 6.750000% 060506Q54 0.000000 5.625000 1,000.000000
A13 2,213,000.00 6.750000% 060506Q62 0.000000 5.625000 1,000.000000
A14 9,474,000.00 6.750000% 060506Q70 0.000000 5.625000 1,000.000000
A15 32,745,000.00 5.750000% 060506Q88 0.000000 4.791667 1,000.000000
A16 10,190,000.00 6.500000% 060506Q96 0.000000 5.416667 1,000.000000
A17 15,002,000.00 6.750000% 060506R20 0.000000 5.625000 1,000.000000
A18 0.00 0.000000% 060506R38 0.000000 0.000000 0.000000
A19 72,000,000.00 6.750000% 060506R46 0.000000 5.625000 1,000.000000
Residual AR 0.00 6.750000% 060506R53 0.000000 0.000000 0.000000
ALR 0.00 6.750000% 060506R61 0.000000 0.000000 0.000000
2A1 295,972,371.82 6.500000% 060506R79 7.817050 5.365048 982.653373
3A1 116,882,745.54 6.750000% 060506R87 5.879484 5.616051 992.529536
3A2 8,778,100.63 6.750000% 060506R95 0.000000 0.000000 1,011.281641
3A3 14,500,000.00 6.750000% 060506S29 0.000000 5.625000 1,000.000000
APO 3,368,548.82 0.000000% 060506S37 2.225926 0.000000 996.455380
------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,254,261.06 6.750000% 060506S45 0.798322 5.620533 998.407570
B2 5,406,703.08 6.750000% 060506S52 0.798322 5.620533 998.407570
B3 2,883,708.20 6.750000% 060506S60 0.798322 5.620533 998.407570
B4 1,802,567.43 6.750000% 060506T51 0.798322 5.620533 998.407570
B5 1,441,854.10 6.750000% 060506T69 0.798322 5.620533 998.407570
B6 1,441,839.17 6.750000% 060506T77 0.798322 5.620533 998.407570
2B1 1,969,621.86 6.500000% 060506S78 3.253545 5.399183 993.518649
2B2 1,060,565.62 6.500000% 060506S86 3.253545 5.399183 993.518649
2B3 606,037.49 6.500000% 060506S94 3.253545 5.399183 993.518649
2B4 303,018.75 6.500000% 060506T85 3.253545 5.399183 993.518649
2B5 303,018.75 6.500000% 060506T93 3.253545 5.399183 993.518649
2B6 303,723.07 6.500000% 060506U26 3.253545 5.399183 993.518651
3B1 2,839,728.72 6.750000% 060506T28 0.805175 5.620505 998.395643
3B2 801,359.06 6.750000% 060506T36 0.805175 5.620505 998.395643
3B3 437,649.96 6.750000% 060506T44 0.805175 5.620505 998.395643
3B4 437,649.96 6.750000% 060506U34 0.805175 5.620505 998.395643
3B5 291,766.64 6.750000% 060506U42 0.805175 5.620505 998.395643
3B6 292,014.33 6.750000% 060506U59 0.805175 5.620505 998.395643
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 1,166,568,563.43 - - - - -
------------------------------------------------------------------------------------------------------------------------
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------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8
Bank of America, NA, Master Servicer
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 715,823,487.40 298,654,011.46 144,957,272.44 1,159,434,771.30
Loan count 1720 649 343 2712
Avg loan rate 7.246695% 6.964889% 7.245698% 7.17
Prepay amount 3,562,569.10 1,369,811.43 526,077.83 5,458,458.36
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FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 293,056.10 112,442.28 59,005.66 464,504.05
Sub servicer fees 0.00 0.00 0.00 0.00
Trustee fees 1,199.94 501.68 242.67 1,944.28
Agg advances N/A N/A N/A N/A
Adv this period 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
--------------------------------------------------------------------------------
Total
-----
Realized losses 0.00 0.00 0.00 0.00
Cumulative losses 0.00 0.00 0.00 0.00
Coverage Amounts Total
---------------- -----
Bankruptcy 0.00 0.00 0.00 0.00
Fraud 0.00 0.00 0.00 0.00
Special Hazard 0.00 0.00 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 97.013536% 100.000000% 1,131,691,476.18
-----------------------------------------------------------------------------
Junior 2.986464% 0.000000% 34,837,980.54
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 27 12,104,914.26
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 27 12,104,914.26
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--------------------------------------------------------------------------------
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 13,614,414.80 13,614,414.80
Principal remittance amount 7,262,141.17 7,262,141.17
Interest remittance amount 6,352,273.63 6,352,273.63