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): February 25, 2002
BOA
(Depositor)
(Issuer in respect of Mortgage Pass-Through Certificates, Series 2001-c)
(Exact name of registrant as specified in charter)
North Carolina 333-80941 13-4147977/78
(State or other (Commission File No.) (I.R.S. Employer
jurisdiction of Identification No.)
organization)
100 N. Tryon St., 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 2001-c
On February 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 February
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: February 25, 2002
BOA
By: /s/ Brian Morro
------------------------------
Name: Brian Morro
Assistant Treasurer
The Bank of New York,
as Trustee
EXHIBIT INDEX
Exhibit
99 Monthly Remittance Statement dated February 25, 2002
Payment Date: 02/25/02
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-c
Bank of America, NA, Master Servicer
------------------------------------------------------------
Class Information Current Payment Information
- ----------------------------------------------------------------------------------------------------------------------------------
Beginning Pass Thru Principal Interest Total Principal Interest
Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls
- ----------------------------------------------------------------------------------------------------------------------------------
Senior A1 67,280,871.55 4.958000% 26,773,601.00 277,982.13 27,051,583.13 0.00 0.00
A2 16,099,199.24 5.601000% 1,989,466.31 75,143.01 2,064,609.32 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 75,463,206.86 5.953000% 5,484,351.87 374,360.39 5,858,712.27 0.00 0.00
A6 75,463,206.86 6.251183% 5,484,351.87 393,111.95 5,877,463.83 0.00 0.00
A7 50,000,000.00 6.214000% 0.00 258,916.67 258,916.67 0.00 0.00
AIO 572,935,571.30 0.303091% 0.00 144,709.57 144,709.57 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 13,549,718.37 6.250000% 12,385.83 70,571.45 82,957.28 0.00 0.00
B2 4,477,479.74 6.250000% 4,092.88 23,320.21 27,413.08 0.00 0.00
B3 2,611,946.00 6.250000% 2,387.59 13,603.89 15,991.47 0.00 0.00
B4 2,239,236.81 6.250000% 2,046.89 11,662.69 13,709.58 0.00 0.00
B5 1,492,824.54 6.250000% 1,364.59 7,775.13 9,139.72 0.00 0.00
B6 1,865,881.33 6.250000% 1,705.48 9,718.13 11,423.62 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 572,935,571.30 - 39,755,754.33 2,984,604.43 42,740,358.76 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 40,507,270.55 0.00
A2 14,109,732.93 0.00
A3 99,377,000.00 0.00
A4 163,015,000.00 0.00
A5 69,978,854.98 0.00
A6 69,978,854.98 0.00
A7 50,000,000.00 0.00
AIO 533,179,816.97 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 13,537,332.53 0.00
B2 4,473,386.86 0.00
B3 2,609,558.42 0.00
B4 2,237,189.92 0.00
B5 1,491,459.95 0.00
B6 1,864,175.84 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 533,179,816.97 -
- --------------------------------------------------------------------------------
Payment Date: 02/25/02
------------------------------------------------------------
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 67,280,871.55 4.958000% 060506M25 143.124588 1.486019 216.541152
A2 16,099,199.24 5.601000% 060506M33 79.578652 3.005720 564.389317
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 75,463,206.86 5.953000% 060506M66 54.843519 3.743604 699.788550
A6 75,463,206.86 6.251183% 060506M74 54.843519 3.931120 699.788550
A7 50,000,000.00 6.214000% 060506M82 0.000000 5.178333 1,000.000000
AIO 572,935,571.30 0.303091% 060506M90 0.000000 0.192726 710.096488
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 13,549,718.37 6.250000% 060506N40 0.908519 5.176517 992.982655
B2 4,477,479.74 6.250000% 060506N57 0.908519 5.176517 992.982655
B3 2,611,946.00 6.250000% 060506N65 0.908519 5.176517 992.982655
B4 2,239,236.81 6.250000% 060506N73 0.908519 5.176517 992.982655
B5 1,492,824.54 6.250000% 060506N81 0.908519 5.176517 992.982655
B6 1,865,881.33 6.250000% 060506N99 0.908453 5.176517 992.982822
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 572,935,571.30 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
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 533,179,816.66 533,179,816.66
Loan count 1123 1123
Avg loan rate 6.847183% 6.85
Prepay amount 39,232,032.48 39,232,032.48
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FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 210,558.44 210,558.44
Sub servicer fees 0.00 0.00
Trustee fees 954.89 954.89
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 8,299,163.54 8,299,163.54
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 95.424581% 100.000000% 546,698,484.50
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Junior 4.575419% 0.000000% 26,213,103.53
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 9 4,282,213.66
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 9 4,282,213.66
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 42,740,358.76 42,740,358.76
Principal remittance amount 39,755,754.33 39,755,754.33
Interest remittance amount 2,984,604.43 2,984,604.43