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): January 25, 2002
BOA
(Depositor)
(Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000-7)
(Exact name of registrant as specified in charter)
North Carolina 333-80941 134147976
(State or other (Commission File No.) (I.R.S. Employer
jurisdiction of Identification No.)
organization)
201 N. Tryon Street, NC1-02205-10, Charlotte, NC 28255
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code: 704-388-5770
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 2000-7
On January 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2000-7, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of November 1, 2000, among BOA as Depositor, BANK
OF AMERICA MORTGAGE SECURITIES, 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 2000-7 relating to the distribution date of January
25, 2002 prepared by The Bank of New York, as Trustee under
the Pooling and Servicing Agreement dated as of November 1,
2000.
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: January 25, 2002
BOA
By: /s/ Courtney Bartholomew
------------------------------
Name: Courtney Bartholomew
Vice President
The Bank of New York,
as Trustee
EXHIBIT INDEX
Exhibit
Payment Date: 01/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000-7
Bank of America, N.A., 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 48,564,528.98 7.125000% 13,902,567.61 282,169.08 14,184,736.70 0.00 6,182.81
A2 21,960,000.00 7.125000% 0.00 127,591.75 127,591.75 0.00 2,795.75
A3 11,000,000.00 7.125000% 0.00 63,912.08 63,912.08 0.00 1,400.42
A4 113,007,000.00 7.125000% 0.00 656,592.01 656,592.01 0.00 14,387.05
A5 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A6 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A7 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A8 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A9 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A10 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A11 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A12 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A13 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A14 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A15 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A16 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A17 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A18 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A19 7,510,193.05 21.030796% 43,635.64 85,163.27 128,798.91 0.00 2,822.20
A20 0.00 7.750000% 0.00 0.00 0.00 0.00 0.00
A21 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A22 7,384,412.33 7.750000% 0.00 46,668.41 46,668.41 0.00 1,022.58
A23 4,115,392.48 7.125000% 23,911.21 0.00 23,911.21 0.00 523.94
A24 462,506.75 7.750000% 75,327.41 2,922.98 78,250.39 0.00 64.05
A25 52,505,936.21 7.125000% 28,225,306.12 305,069.40 28,530,375.52 0.00 6,684.59
APO 1,492,336.34 0.000000% 122,584.34 0.00 122,584.34 0.00 0.00
Residual AR 0.00 7.750000% 0.00 0.00 0.00 0.00 0.00
ALR 0.00 7.750000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,785,457.74 7.750000% 9,746.93 80,802.23 90,549.16 0.00 1,770.52
B2 4,460,688.73 7.750000% 3,400.58 28,190.90 31,591.49 0.00 617.71
B3 2,676,809.65 7.750000% 2,040.65 16,917.05 18,957.70 0.00 370.68
B4 1,487,556.94 7.750000% 1,134.03 9,401.14 10,535.17 0.00 206.00
B5 1,190,243.76 7.750000% 907.38 7,522.17 8,429.54 0.00 164.82
B6 1,189,400.99 7.750000% 906.73 7,516.84 8,423.57 0.00 164.71
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 284,408,051.63 - 42,411,468.64 1,720,439.32 44,131,907.95 - 39,177.83
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 34,661,961.37 6,182.81
A2 21,960,000.00 2,795.75
A3 11,000,000.00 1,400.42
A4 113,007,000.00 14,387.05
A5 0.00 0.00
A6 0.00 0.00
A7 0.00 0.00
A8 0.00 0.00
A9 0.00 0.00
A10 0.00 0.00
A11 0.00 0.00
A12 0.00 0.00
A13 0.00 0.00
A14 0.00 0.00
A15 0.00 0.00
A16 0.00 0.00
A17 0.00 0.00
A18 0.00 0.00
A19 7,510,193.05 2,822.20
A20 0.00 0.00
A21 0.00 0.00
A22 6,181,729.57 1,022.58
A23 4,115,392.48 523.94
A24 387,179.34 64.05
A25 24,280,630.09 6,684.59
APO 1,369,752.00 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 12,775,710.81 1,770.52
B2 4,457,288.15 617.71
B3 2,674,769.00 370.68
B4 1,486,422.91 206.00
B5 1,189,336.38 164.82
B6 1,188,494.25 164.71
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 242,064,129.84 39,177.83
- --------------------------------------------------------------------------------
Payment Date: 01/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000-7
Bank of America, N.A., 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 48,564,528.98 7.125000% 060506QC9 233.057308 4.730174 581.059819
A2 21,960,000.00 7.125000% 060506QD7 0.000000 5.810189 1,000.000000
A3 11,000,000.00 7.125000% 060506QE5 0.000000 5.810189 1,000.000000
A4 113,007,000.00 7.125000% 060506QF2 0.000000 5.810189 1,000.000000
A5 0.00 8.000000% 060506QG0 0.000000 0.000000 0.000000
A6 0.00 8.000000% 060506QH8 0.000000 0.000000 0.000000
A7 0.00 8.000000% 060506QJ4 0.000000 0.000000 0.000000
A8 0.00 8.000000% 060506QK1 0.000000 0.000000 0.000000
A9 0.00 7.500000% 060506QL9 0.000000 0.000000 0.000000
A10 0.00 7.500000% 060506QM7 0.000000 0.000000 0.000000
A11 0.00 7.500000% 060506QN5 0.000000 0.000000 0.000000
A12 0.00 7.500000% 060506QP0 0.000000 0.000000 0.000000
A13 0.00 7.500000% 060506QQ8 0.000000 0.000000 0.000000
A14 0.00 7.500000% 060506QR6 0.000000 0.000000 0.000000
A15 0.00 7.500000% 060506QS4 0.000000 0.000000 0.000000
A16 0.00 8.000000% 060506QT2 0.000000 0.000000 0.000000
A17 0.00 8.000000% 060506QU9 0.000000 0.000000 0.000000
A18 0.00 7.500000% 060506QV7 0.000000 0.000000 0.000000
A19 7,510,193.05 21.030796% 060506QW5 0.703832 1.373662 121.137519
A20 0.00 7.750000% 060506QX3 0.000000 0.000000 0.000000
A21 0.00 7.500000% 060506QY1 0.000000 0.000000 0.000000
A22 7,384,412.33 7.750000% 060506QZ8 0.000000 5.609801 743.078064
A23 4,115,392.48 7.125000% 060506RA2 6.274672 0.000000 1,079.942920
A24 462,506.75 7.750000% 060506RB0 73.490159 2.851683 377.735943
A25 52,505,936.21 7.125000% 060506RC8 376.247116 4.066616 323.664055
APO 1,492,336.34 0.000000% 060506RD6 70.153922 0.000000 783.896799
Residual AR 0.00 7.750000% 060506RE4 0.000000 0.000000 0.000000
ALR 0.00 7.750000% 060506RF1 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,785,457.74 7.750000% 060506RG9 0.755517 6.263253 990.288413
B2 4,460,688.73 7.750000% 060506RH7 0.755517 6.263253 990.288413
B3 2,676,809.65 7.750000% 060506RJ3 0.755517 6.263253 990.288413
B4 1,487,556.94 7.750000% 060506RP9 0.755517 6.263253 990.288413
B5 1,190,243.76 7.750000% 060506RQ7 0.755517 6.263253 990.288413
B6 1,189,400.99 7.750000% 060506RR5 0.755517 6.263254 990.288480
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 284,408,051.63 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000-7
Bank of America, N.A., Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 242,064,130.97 242,064,130.97
Loan count 639 639
Avg loan rate 8.227246% 8.23
Prepay amount 42,127,015.49 42,127,015.49
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 23,489.38 23,489.38
Sub servicer fees 0.00 0.00
Trustee fees 829.52 829.52
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 0.00 0.00
Special Hazard 2,933,297.72 2,933,297.72
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 91.641046% 100.000000% 260,617,893.82
-----------------------------------------------------------------------------
Junior 8.358954% 0.000000% 23,772,021.50
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 16 5,746,432.73
60 to 89 days 2 582,880.58
90 or more 0 0.00
Foreclosure 1 398,520.05
Totals: 19 6,727,833.36
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 44,131,907.95 44,131,907.95
Principal remittance amount 42,411,468.64 42,411,468.64
Interest remittance amount 1,720,439.32 1,720,439.32