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 2001-5)
(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 2001-5
On January 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2001-5, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of April 1, 2001, 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 2001-5 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 April 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: 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
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BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-5
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 63,611,598.09 6.750000% 6,344,751.36 357,815.24 6,702,566.60 0.00 0.00
A2 382,549.36 6.750000% 36,935.20 2,151.84 39,087.04 0.00 0.00
A3 151,165,642.84 6.750000% 15,300,690.68 850,306.74 16,150,997.42 0.00 0.00
A4 5,601,000.00 6.750000% 0.00 31,505.63 31,505.63 0.00 0.00
A5 1,000,000.00 6.750000% 0.00 5,625.00 5,625.00 0.00 0.00
A6 3,393,000.00 7.000000% 0.00 19,792.50 19,792.50 0.00 0.00
A7 2,447,000.00 7.000000% 0.00 14,274.17 14,274.17 0.00 0.00
A8 5,772,000.00 7.000000% 0.00 33,670.00 33,670.00 0.00 0.00
A9 4,796,000.00 7.000000% 0.00 27,976.67 27,976.67 0.00 0.00
A10 16,408,000.00 6.500000% 0.00 88,876.67 88,876.67 0.00 0.00
A11 38,881,058.22 7.000000% 3,496,620.44 226,806.17 3,723,426.61 0.00 0.00
A12 38,881,058.22 6.500000% 3,496,620.44 210,605.73 3,707,226.17 0.00 0.00
A13 6,906,051.12 6.750000% 0.00 0.00 0.00 0.00 0.00
A14 1,987,202.35 6.750000% 0.00 0.00 0.00 0.00 0.00
A15 50,000,000.00 6.750000% 0.00 281,250.00 281,250.00 0.00 0.00
A16 182,531.04 6.750000% 13,355.39 1,026.74 14,382.13 0.00 0.00
APO 144,060.71 0.000000% 118.46 0.00 118.46 0.00 0.00
Residual AR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 8,202,531.71 6.750000% 6,547.17 46,139.24 52,686.41 0.00 0.00
B2 3,729,055.98 6.750000% 2,976.49 20,975.94 23,952.43 0.00 0.00
B3 2,237,234.81 6.750000% 1,785.74 12,584.45 14,370.18 0.00 0.00
B4 1,243,349.95 6.750000% 992.43 6,993.84 7,986.27 0.00 0.00
B5 994,878.74 6.750000% 794.10 5,596.19 6,390.29 0.00 0.00
B6 995,042.94 6.750000% 794.23 5,597.12 6,391.35 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 408,960,846.08 - 28,702,982.11 2,249,569.99 30,952,552.10 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 57,266,846.73 0.00
A2 345,614.17 0.00
A3 135,864,952.16 0.00
A4 5,601,000.00 0.00
A5 1,000,000.00 0.00
A6 3,393,000.00 0.00
A7 2,447,000.00 0.00
A8 5,772,000.00 0.00
A9 4,796,000.00 0.00
A10 16,408,000.00 0.00
A11 35,384,437.79 0.00
A12 35,384,437.79 0.00
A13 6,944,897.66 0.00
A14 1,998,380.37 0.00
A15 50,000,000.00 0.00
A16 169,175.65 0.00
APO 143,942.25 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 8,195,984.54 0.00
B2 3,726,079.49 0.00
B3 2,235,449.07 0.00
B4 1,242,357.53 0.00
B5 994,084.64 0.00
B6 994,248.71 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 380,307,888.52 -
- --------------------------------------------------------------------------------
Payment Date: 01/25/02
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BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-5
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 63,611,598.09 6.750000% 060506XZ0 75.677803 4.267885 683.057369
A2 382,549.36 6.750000% 060506YA4 73.870392 4.303680 691.228338
A3 151,165,642.84 6.750000% 060506YB2 76.503453 4.251534 679.324761
A4 5,601,000.00 6.750000% 060506YC0 0.000000 5.625000 1,000.000000
A5 1,000,000.00 6.750000% 060506YD8 0.000000 5.625000 1,000.000000
A6 3,393,000.00 7.000000% 060506YE6 0.000000 5.833333 1,000.000000
A7 2,447,000.00 7.000000% 060506YF3 0.000000 5.833333 1,000.000000
A8 5,772,000.00 7.000000% 060506YG1 0.000000 5.833333 1,000.000000
A9 4,796,000.00 7.000000% 060506YH9 0.000000 5.833333 1,000.000000
A10 16,408,000.00 6.500000% 060506YJ5 0.000000 5.416667 1,000.000000
A11 38,881,058.22 7.000000% 060506YK2 69.932409 4.536123 707.688756
A12 38,881,058.22 6.500000% 060506YL0 69.932409 4.212115 707.688756
A13 6,906,051.12 6.750000% 060506YM8 0.000000 0.000000 1,051.779140
A14 1,987,202.35 6.750000% 060506YN6 0.000000 0.000000 1,051.779140
A15 50,000,000.00 6.750000% 060506YP1 0.000000 5.625000 1,000.000000
A16 182,531.04 6.750000% 060506YQ9 59.357302 4.563276 751.891761
APO 144,060.71 0.000000% 060506YR7 0.815658 0.000000 991.142128
Residual AR 0.00 6.750000% 060506YS5 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 8,202,531.71 6.750000% 060506YT3 0.793308 5.590602 993.091547
B2 3,729,055.98 6.750000% 060506YU0 0.793308 5.590602 993.091547
B3 2,237,234.81 6.750000% 060506YV8 0.793308 5.590602 993.091547
B4 1,243,349.95 6.750000% 060506YW6 0.793308 5.590602 993.091547
B5 994,878.74 6.750000% 060506YX4 0.793308 5.590602 993.091547
B6 995,042.94 6.750000% 060506YY2 0.793308 5.590602 993.091576
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 408,960,846.08 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-5
Bank of America, N.A. Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 380,307,888.48 380,307,888.48
Loan count 931 931
Avg loan rate 7.533175% 7.53
Prepay amount 28,326,513.80 28,326,513.80
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 195,925.31 195,925.31
Sub servicer fees 0.00 0.00
Trustee fees 1,192.80 1,192.80
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 5,001,384.94 5,001,384.94
Special Hazard 4,089,608.46 4,089,608.46
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 95.748054% 100.000000% 391,558,751.96
-----------------------------------------------------------------------------
Junior 4.251946% 0.000000% 17,388,203.97
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 12 5,622,843.55
60 to 89 days 2 697,151.21
90 or more 1 311,541.27
Foreclosure 1 319,558.09
Totals: 16 6,951,094.12
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 30,952,552.10 30,952,552.10
Principal remittance amount 28,702,982.11 28,702,982.11
Interest remittance amount 2,249,569.99 2,249,569.99