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-c)
(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-c
On January 25, 2002, The Bank of New York, as Trustee for BOA, Mortgage
Pass-Through Certificates Series 2001-c, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of June 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-c 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 June 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, Inc.
Mortgage Pass-Through Certificates, Series 2001-c
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 96,170,902.36 4.958000% 28,890,030.80 397,346.11 29,287,376.91 0.00 0.00
A2 18,245,931.12 5.601000% 2,146,731.89 85,162.88 2,231,894.77 0.00 0.00
A3 99,377,000.00 5.983000% 0.00 495,477.16 495,477.16 0.00 0.00
A4 163,015,000.00 6.097000% 0.00 828,252.05 828,252.05 0.00 0.00
A5 81,381,091.96 5.953000% 5,917,885.11 403,718.03 6,321,603.14 0.00 0.00
A6 81,381,091.96 6.262365% 5,917,885.11 424,698.40 6,342,583.50 0.00 0.00
A7 50,000,000.00 6.214000% 0.00 258,916.67 258,916.67 0.00 0.00
AIO 615,831,892.53 0.357480% 0.00 183,456.57 183,456.57 0.00 0.00
Residual AR 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
ALR 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 13,562,003.52 6.250000% 12,285.15 70,635.43 82,920.58 0.00 0.00
B2 4,481,539.34 6.250000% 4,059.60 23,341.35 27,400.96 0.00 0.00
B3 2,614,314.18 6.250000% 2,368.18 13,616.22 15,984.40 0.00 0.00
B4 2,241,267.07 6.250000% 2,030.25 11,673.27 13,703.52 0.00 0.00
B5 1,494,178.04 6.250000% 1,353.50 7,782.18 9,135.68 0.00 0.00
B6 1,867,572.97 6.250000% 1,691.64 9,726.94 11,418.58 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 615,831,892.53 - 42,896,321.23 3,213,803.26 46,110,124.49 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
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Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 67,280,871.55 0.00
A2 16,099,199.24 0.00
A3 99,377,000.00 0.00
A4 163,015,000.00 0.00
A5 75,463,206.86 0.00
A6 75,463,206.86 0.00
A7 50,000,000.00 0.00
AIO 572,935,571.30 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 13,549,718.37 0.00
B2 4,477,479.74 0.00
B3 2,611,946.00 0.00
B4 2,239,236.81 0.00
B5 1,492,824.54 0.00
B6 1,865,881.33 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 572,935,571.30 -
- --------------------------------------------------------------------------------
Payment Date: 01/25/02
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-c
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 96,170,902.36 4.958000% 060506M25 154.438462 2.124107 359.665739
A2 18,245,931.12 5.601000% 060506M33 85.869276 3.406515 643.967969
A3 99,377,000.00 5.983000% 060506M41 0.000000 4.985833 1,000.000000
A4 163,015,000.00 6.097000% 060506M58 0.000000 5.080833 1,000.000000
A5 81,381,091.96 5.953000% 060506M66 59.178851 4.037180 754.632069
A6 81,381,091.96 6.262365% 060506M74 59.178851 4.246984 754.632069
A7 50,000,000.00 6.214000% 060506M82 0.000000 5.178333 1,000.000000
AIO 615,831,892.53 0.357480% 060506M90 0.000000 0.244330 763.043768
Residual AR 0.00 6.250000% 060506N24 0.000000 0.000000 0.000000
ALR 0.00 6.250000% 060506N32 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 13,562,003.52 6.250000% 060506N40 0.901133 5.181210 993.891174
B2 4,481,539.34 6.250000% 060506N57 0.901133 5.181210 993.891174
B3 2,614,314.18 6.250000% 060506N65 0.901133 5.181210 993.891174
B4 2,241,267.07 6.250000% 060506N73 0.901133 5.181210 993.891174
B5 1,494,178.04 6.250000% 060506N81 0.901133 5.181210 993.891174
B6 1,867,572.97 6.250000% 060506N99 0.901079 5.181210 993.891275
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 615,831,892.53 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
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Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-c
Bank of America, NA, Master Servicer
------------------------------------------------------------
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COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 572,935,571.11 572,935,571.11
Loan count 1202 1202
Avg loan rate 6.858365% 6.86
Prepay amount 42,338,469.71 42,338,469.71
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FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 231,546.37 231,546.37
Sub servicer fees 0.00 0.00
Trustee fees 1,026.39 1,026.39
Agg advances N/A N/A
Adv this period 0.00 0.00
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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 7,508,554.50 7,508,554.50
Special Hazard 9,211,614.62 9,211,614.62
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 95.739405% 100.000000% 589,571,017.41
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Junior 4.260595% 0.000000% 26,237,086.79
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 14 7,109,525.62
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 14 7,109,525.62
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 46,110,124.49 46,110,124.49
Principal remittance amount 42,896,321.23 42,896,321.23
Interest remittance amount 3,213,803.26 3,213,803.26