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 2001-8)
(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 January 25, 2002, 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 January
25, 2002 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: 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, 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 260,275,119.06 6.750000% 14,292,888.20 1,464,047.54 15,756,935.74 0.00 0.00
A2 78,346,226.03 6.750000% 3,813,442.75 440,697.52 4,254,140.27 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 12,882,279.41 6.750000% 0.00 0.00 0.00 0.00 0.00
A6 9,643,720.59 6.750000% 72,462.82 54,245.93 126,708.75 0.00 0.00
A7 25,000,000.00 6.000000% 149,639.12 125,000.00 274,639.12 0.00 0.00
A8 40,350,657.55 2.780000% 5,438,384.87 93,479.02 5,531,863.90 0.00 0.00
A9 10,461,282.03 22.062857% 1,409,951.69 192,338.14 1,602,289.84 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% 346,785.68 156,903.13 503,688.80 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 0.09 0.09 0.00 0.00
ALR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
2A1 263,571,532.81 6.500000% 12,235,029.44 1,427,679.14 13,662,708.58 0.00 0.00
3A1 113,125,999.65 6.750000% 2,736,881.72 636,333.75 3,373,215.46 0.00 0.00
3A2 8,977,280.61 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 3,346,605.62 0.000000% 55,213.57 0.00 55,213.57 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,214,564.53 6.750000% 10,126.77 68,706.93 78,833.69 0.00 0.00
B2 5,389,188.57 6.750000% 4,468.03 30,314.19 34,782.22 0.00 0.00
B3 2,874,366.70 6.750000% 2,383.06 16,168.31 18,551.37 0.00 0.00
B4 1,796,728.18 6.750000% 1,489.62 10,106.60 11,596.22 0.00 0.00
B5 1,437,183.35 6.750000% 1,191.53 8,084.16 9,275.69 0.00 0.00
B6 1,437,168.47 6.750000% 1,191.52 8,084.07 9,275.59 0.00 0.00
2B1 1,943,566.91 6.500000% 6,669.46 10,527.65 17,197.11 0.00 0.00
2B2 1,046,536.03 6.500000% 3,591.25 5,668.74 9,259.98 0.00 0.00
2B3 598,020.59 6.500000% 2,052.14 3,239.28 5,291.42 0.00 0.00
2B4 299,010.29 6.500000% 1,026.07 1,619.64 2,645.71 0.00 0.00
2B5 299,010.29 6.500000% 1,026.07 1,619.64 2,645.71 0.00 0.00
2B6 299,705.41 6.500000% 1,028.45 1,623.40 2,651.86 0.00 0.00
3B1 2,830,469.93 6.750000% 2,358.83 15,921.39 18,280.23 0.00 0.00
3B2 798,746.27 6.750000% 665.65 4,492.95 5,158.60 0.00 0.00
3B3 436,223.02 6.750000% 363.54 2,453.75 2,817.29 0.00 0.00
3B4 436,223.02 6.750000% 363.54 2,453.75 2,817.29 0.00 0.00
3B5 290,815.35 6.750000% 242.36 1,635.84 1,878.19 0.00 0.00
3B6 291,062.28 6.750000% 242.56 1,637.23 1,879.79 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 1,098,744,292.56 - 40,591,160.30 5,982,806.77 46,573,967.07 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 245,982,230.86 0.00
A2 74,532,783.28 0.00
A3 70,000,000.00 0.00
A4 8,331,000.00 0.00
A5 12,954,742.23 0.00
A6 9,571,257.77 0.00
A7 24,850,360.88 0.00
A8 34,912,272.67 0.00
A9 9,051,330.34 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 32,398,214.32 0.00
A16 10,190,000.00 0.00
A17 15,002,000.00 0.00
A18 7,938,294.07 0.00
A19 72,000,000.00 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
2A1 251,336,503.37 0.00
3A1 110,389,117.94 0.00
3A2 9,027,777.82 0.00
3A3 14,500,000.00 0.00
APO 3,291,392.05 0.00
- --------------------------------------------------------------------------------
Subordinate B1 12,204,437.76 0.00
B2 5,384,720.54 0.00
B3 2,871,983.64 0.00
B4 1,795,238.56 0.00
B5 1,435,991.82 0.00
B6 1,435,976.95 0.00
2B1 1,936,897.45 0.00
2B2 1,042,944.78 0.00
2B3 595,968.45 0.00
2B4 297,984.22 0.00
2B5 297,984.22 0.00
2B6 298,676.96 0.00
3B1 2,828,111.10 0.00
3B2 798,080.61 0.00
3B3 435,859.49 0.00
3B4 435,859.49 0.00
3B5 290,572.99 0.00
3B6 290,819.72 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 1,058,276,092.29 -
- --------------------------------------------------------------------------------
Payment Date: 01/25/02
------------------------------------------------------------
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 260,275,119.06 6.750000% 060506P22 51.258018 5.250456 882.156314
A2 78,346,226.03 6.750000% 060506P30 45.779625 5.290486 894.751300
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 12,882,279.41 6.750000% 060506P63 0.000000 0.000000 1,034.228184
A6 9,643,720.59 6.750000% 060506P71 7.246282 5.424593 957.125777
A7 25,000,000.00 6.000000% 060506P89 5.985565 5.000000 994.014435
A8 40,350,657.55 2.780000% 060506P97 116.237021 1.997969 746.195546
A9 10,461,282.03 22.062857% 060506Q21 116.237021 15.856439 746.195546
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 10.590492 4.791667 989.409508
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 991.506567
A19 72,000,000.00 6.750000% 060506R46 0.000000 5.625000 1,000.000000
Residual AR 0.00 6.750000% 060506R53 0.000000 1.799568 0.000000
ALR 0.00 6.750000% 060506R61 0.000000 0.000000 0.000000
2A1 263,571,532.81 6.500000% 060506R79 40.944480 4.777723 841.096658
3A1 113,125,999.65 6.750000% 060506R87 23.378364 5.435544 942.940641
3A2 8,977,280.61 6.750000% 060506R95 0.000000 0.000000 1,034.228184
3A3 14,500,000.00 6.750000% 060506S29 0.000000 5.625000 1,000.000000
APO 3,346,605.62 0.000000% 060506S37 16.369292 0.000000 975.806464
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,214,564.53 6.750000% 060506S45 0.825731 5.602326 995.143327
B2 5,389,188.57 6.750000% 060506S52 0.825731 5.602326 995.143327
B3 2,874,366.70 6.750000% 060506S60 0.825731 5.602326 995.143327
B4 1,796,728.18 6.750000% 060506T51 0.825731 5.602326 995.143327
B5 1,437,183.35 6.750000% 060506T69 0.825731 5.602326 995.143327
B6 1,437,168.47 6.750000% 060506T77 0.825731 5.602326 995.143327
2B1 1,943,566.91 6.500000% 060506S78 3.375231 5.327760 980.211260
2B2 1,046,536.03 6.500000% 060506S86 3.375231 5.327760 980.211260
2B3 598,020.59 6.500000% 060506S94 3.375231 5.327760 980.211260
2B4 299,010.29 6.500000% 060506T85 3.375231 5.327760 980.211260
2B5 299,010.29 6.500000% 060506T93 3.375231 5.327760 980.211260
2B6 299,705.41 6.500000% 060506U26 3.375229 5.327762 980.211646
3B1 2,830,469.93 6.750000% 060506T28 0.829990 5.602179 995.112984
3B2 798,746.27 6.750000% 060506T36 0.829990 5.602179 995.112984
3B3 436,223.02 6.750000% 060506T44 0.829990 5.602179 995.112984
3B4 436,223.02 6.750000% 060506U34 0.829990 5.602179 995.112984
3B5 290,815.35 6.750000% 060506U42 0.829990 5.602179 995.112984
3B6 291,062.28 6.750000% 060506U59 0.829990 5.602180 995.113142
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 1,098,744,292.56 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8
Bank of America, NA, Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 662,675,632.31 256,266,669.78 139,333,790.37 1,058,276,092.46
Loan count 1609 577 332 2518
Avg loan rate 7.234554% 6.949869% 7.238380% 7.17
Prepay amount 24,934,699.29 11,350,075.17 2,572,764.40 38,857,538.87
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 232,133.07 85,589.33 54,519.34 372,241.74
Sub servicer fees 0.00 0.00 0.00 0.00
Trustee fees 1,146.97 447.56 236.71 1,831.24
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 96.843725% 100.000000% 1,064,025,703.36
-----------------------------------------------------------------------------
Junior 3.156275% 0.000000% 34,678,108.76
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 27 12,459,975.96
60 to 89 days 1 322,883.64
90 or more 0 0.00
Foreclosure 1 623,812.39
Totals: 29 13,406,671.99
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 46,573,967.07 46,573,967.07
Principal remittance amount 40,591,160.30 40,591,160.30
Interest remittance amount 5,982,806.77 5,982,806.77