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): December 25, 2001
BOA
(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
BOA
Mortgage Pass-Through Certificates
Series 2001-8
On December 25, 2001, The Bank of New York, as Trustee for BOA, 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 BOA 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 BOA, Mortgage Pass-Through Certificates
Series 2001-8 relating to the distribution date of December
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: December 25, 2001
BOA
By: /s/ Courtney Bartholomew
------------------------------
Name: Courtney Bartholomew
Vice President
The Bank of New York,
as Trustee
EXHIBIT INDEX
Exhibit
Payment Date: 12/25/01
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8
Bank of America, NA, Master Servicer
------------------------------------------------------------
Class Information Current Payment Information
- ----------------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru Principal Interest Total Principal Interest
Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls
- ----------------------------------------------------------------------------------------------------------------------------------
Senior A1 268,629,629.07 6.750000% 8,354,510.01 1,511,041.66 9,865,551.68 0.00 0.00
A2 80,575,267.86 6.750000% 2,229,041.83 453,235.88 2,682,277.71 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 12,810,221.91 6.750000% 0.00 0.00 0.00 0.00 0.00
A6 9,715,778.09 6.750000% 72,057.50 54,651.25 126,708.75 0.00 0.00
A7 25,000,000.00 6.000000% 0.00 125,000.00 125,000.00 0.00 0.00
A8 43,759,944.22 2.957500% 3,409,286.67 107,850.03 3,517,136.70 0.00 0.00
A9 11,345,171.21 21.378214% 883,889.17 202,116.25 1,086,005.42 0.00 0.00
A10 0.00 6.750000% 0.00 0.00 0.00 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 8,006,296.30 6.750000% 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 279,512,957.83 6.500000% 15,941,425.02 1,514,028.52 17,455,453.54 0.00 0.00
3A1 115,035,340.85 6.750000% 1,909,341.19 647,073.79 2,556,414.99 0.00 0.00
3A2 8,927,065.87 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 3,351,607.67 0.000000% 5,002.05 0.00 5,002.05 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,224,611.50 6.750000% 10,046.97 68,763.44 78,810.41 0.00 0.00
B2 5,393,621.40 6.750000% 4,432.83 30,339.12 34,771.95 0.00 0.00
B3 2,876,730.98 6.750000% 2,364.28 16,181.61 18,545.89 0.00 0.00
B4 1,798,206.06 6.750000% 1,477.88 10,114.91 11,592.79 0.00 0.00
B5 1,438,365.49 6.750000% 1,182.14 8,090.81 9,272.95 0.00 0.00
B6 1,438,350.60 6.750000% 1,182.13 8,090.72 9,272.85 0.00 0.00
2B1 1,950,181.26 6.500000% 6,614.35 10,563.48 17,177.83 0.00 0.00
2B2 1,050,097.60 6.500000% 3,561.57 5,688.03 9,249.60 0.00 0.00
2B3 600,055.77 6.500000% 2,035.18 3,250.30 5,285.49 0.00 0.00
2B4 300,027.89 6.500000% 1,017.59 1,625.15 2,642.74 0.00 0.00
2B5 300,027.89 6.500000% 1,017.59 1,625.15 2,642.74 0.00 0.00
2B6 300,725.32 6.500000% 1,019.90 1,628.93 2,648.83 0.00 0.00
3B1 2,832,810.60 6.750000% 2,340.66 15,934.56 18,275.22 0.00 0.00
3B2 799,406.79 6.750000% 660.52 4,496.66 5,157.19 0.00 0.00
3B3 436,583.76 6.750000% 360.74 2,455.78 2,816.52 0.00 0.00
3B4 436,583.76 6.750000% 360.74 2,455.78 2,816.52 0.00 0.00
3B5 291,055.84 6.750000% 240.49 1,637.19 1,877.68 0.00 0.00
3B6 291,302.93 6.750000% 240.65 1,638.58 1,879.23 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 1,131,466,729.99 - 32,844,709.67 6,164,205.73 39,008,915.40 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 260,275,119.06 0.00
A2 78,346,226.03 0.00
A3 70,000,000.00 0.00
A4 8,331,000.00 0.00
A5 12,882,279.41 0.00
A6 9,643,720.59 0.00
A7 25,000,000.00 0.00
A8 40,350,657.55 0.00
A9 10,461,282.03 0.00
A10 0.00 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 8,006,296.30 0.00
A19 72,000,000.00 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
2A1 263,571,532.81 0.00
3A1 113,125,999.65 0.00
3A2 8,977,280.61 0.00
3A3 14,500,000.00 0.00
APO 3,346,605.62 0.00
- --------------------------------------------------------------------------------
Subordinate B1 12,214,564.53 0.00
B2 5,389,188.57 0.00
B3 2,874,366.70 0.00
B4 1,796,728.18 0.00
B5 1,437,183.35 0.00
B6 1,437,168.47 0.00
2B1 1,943,566.91 0.00
2B2 1,046,536.03 0.00
2B3 598,020.59 0.00
2B4 299,010.29 0.00
2B5 299,010.29 0.00
2B6 299,705.41 0.00
3B1 2,830,469.93 0.00
3B2 798,746.27 0.00
3B3 436,223.02 0.00
3B4 436,223.02 0.00
3B5 290,815.35 0.00
3B6 291,062.28 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 1,098,744,292.56 -
- --------------------------------------------------------------------------------
Payment Date: 12/25/01
------------------------------------------------------------
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
- ------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru CUSIP Principal Interest Ending Cert./
Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal.
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Senior A1 268,629,629.07 6.750000% 060506P22 29.961448 5.418989 933.414332
A2 80,575,267.86 6.750000% 060506P30 26.759206 5.441007 940.530925
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 12,810,221.91 6.750000% 060506P63 0.000000 0.000000 1,028.443191
A6 9,715,778.09 6.750000% 060506P71 7.205750 5.465125 964.372059
A7 25,000,000.00 6.000000% 060506P89 0.000000 5.000000 1,000.000000
A8 43,759,944.22 2.957500% 060506P97 72.868202 2.305127 862.432567
A9 11,345,171.21 21.378214% 060506Q21 72.868202 16.662550 862.432567
A10 0.00 6.750000% 060506Q39 0.000000 0.000000 0.000000
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 8,006,296.30 6.750000% 060506R38 0.000000 5.625001 1,000.000162
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 279,512,957.83 6.500000% 060506R79 53.347919 5.066691 882.041138
3A1 115,035,340.85 6.750000% 060506R87 16.309537 5.527286 966.319005
3A2 8,927,065.87 6.750000% 060506R95 0.000000 0.000000 1,028.443191
3A3 14,500,000.00 6.750000% 060506S29 0.000000 5.625000 1,000.000000
APO 3,351,607.67 0.000000% 060506S37 1.482968 0.000000 992.175756
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,224,611.50 6.750000% 060506S45 0.819225 5.606934 995.969058
B2 5,393,621.40 6.750000% 060506S52 0.819225 5.606934 995.969058
B3 2,876,730.98 6.750000% 060506S60 0.819225 5.606934 995.969058
B4 1,798,206.06 6.750000% 060506T51 0.819225 5.606934 995.969058
B5 1,438,365.49 6.750000% 060506T69 0.819225 5.606934 995.969058
B6 1,438,350.60 6.750000% 060506T77 0.819225 5.606934 995.969058
2B1 1,950,181.26 6.500000% 060506S78 3.347343 5.345892 983.586492
2B2 1,050,097.60 6.500000% 060506S86 3.347343 5.345892 983.586492
2B3 600,055.77 6.500000% 060506S94 3.347343 5.345892 983.586492
2B4 300,027.89 6.500000% 060506T85 3.347343 5.345892 983.586492
2B5 300,027.89 6.500000% 060506T93 3.347343 5.345892 983.586492
2B6 300,725.32 6.500000% 060506U26 3.347163 5.345893 983.586875
3B1 2,832,810.60 6.750000% 060506T28 0.823597 5.606812 995.942975
3B2 799,406.79 6.750000% 060506T36 0.823597 5.606812 995.942975
3B3 436,583.76 6.750000% 060506T44 0.823597 5.606812 995.942975
3B4 436,583.76 6.750000% 060506U34 0.823597 5.606812 995.942975
3B5 291,055.84 6.750000% 060506U42 0.823597 5.606812 995.942975
3B6 291,302.93 6.750000% 060506U59 0.823439 5.606812 995.943133
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 1,131,466,729.99 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8
Bank of America, NA, Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 688,181,071.59 268,538,276.62 142,024,944.54 1,098,744,292.74
Loan count 1663 599 338 2600
Avg loan rate 7.239439% 6.956064% 7.240860% 7.17
Prepay amount 14,321,995.64 14,993,737.47 1,744,808.82 31,060,541.94
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 271,253.44 87,729.43 58,154.32 417,137.19
Sub servicer fees 0.00 0.00 0.00 0.00
Trustee fees 1,171.80 474.16 239.81 1,885.78
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 7,213,603.79 3,038,703.84 1,457,422.73 11,709,730.36
Special Hazard 7,213,603.79 7,213,603.79 7,213,603.79 21,640,811.37
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 96.931432% 100.000000% 1,096,707,984.57
-----------------------------------------------------------------------------
Junior 3.068568% 0.000000% 34,718,589.20
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 21 8,883,718.67
60 to 89 days 1 316,920.64
90 or more 0 0.00
Foreclosure 1 623,812.39
Totals: 23 9,824,451.70
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 39,008,915.40 39,008,915.40
Principal remittance amount 32,844,709.67 32,844,709.67
Interest remittance amount 6,164,205.73 6,164,205.73