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): March 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 March 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 March 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: March 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 March 25, 2002
Payment Date: 03/25/02
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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 40,507,270.55 4.958000% 16,226,751.84 167,362.54 16,394,114.38 0.00 0.00
A2 14,109,732.93 5.601000% 1,205,761.46 65,857.18 1,271,618.63 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 69,978,854.98 5.953000% 3,323,916.60 347,153.44 3,671,070.04 0.00 0.00
A6 69,978,854.98 6.242562% 3,323,916.60 364,039.43 3,687,956.04 0.00 0.00
A7 50,000,000.00 6.214000% 0.00 258,916.67 258,916.67 0.00 0.00
AIO 533,179,816.97 0.248136% 0.00 110,250.71 110,250.71 0.00 0.00
Residual AR 0.00 6.242562% 0.00 0.00 0.00 0.00 0.00
ALR 0.00 6.242562% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 13,537,332.53 6.242562% 12,496.51 70,423.03 82,919.54 0.00 0.00
B2 4,473,386.86 6.242562% 4,129.45 23,271.16 27,400.61 0.00 0.00
B3 2,609,558.42 6.242562% 2,408.92 13,575.27 15,984.20 0.00 0.00
B4 2,237,189.92 6.242562% 2,065.18 11,638.16 13,703.35 0.00 0.00
B5 1,491,459.95 6.242562% 1,376.79 7,758.78 9,135.56 0.00 0.00
B6 1,864,175.84 6.242562% 1,720.85 9,697.69 11,418.54 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 533,179,816.97 - 24,104,544.20 2,773,673.30 26,878,217.50 - -
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Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 24,280,518.72 0.00
A2 12,903,971.47 0.00
A3 99,377,000.00 0.00
A4 163,015,000.00 0.00
A5 66,654,938.38 0.00
A6 66,654,938.38 0.00
A7 50,000,000.00 0.00
AIO 509,075,272.77 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 13,524,836.02 0.00
B2 4,469,257.41 0.00
B3 2,607,149.49 0.00
B4 2,235,124.74 0.00
B5 1,490,083.16 0.00
B6 1,862,455.00 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 509,075,272.77 -
- --------------------------------------------------------------------------------
Payment Date: 03/25/02
------------------------------------------------------------
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 40,507,270.55 4.958000% 060506M25 86.743922 0.894676 129.797229
A2 14,109,732.93 5.601000% 060506M33 48.230458 2.634287 516.158859
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 69,978,854.98 5.953000% 060506M66 33.239166 3.471534 666.549384
A6 69,978,854.98 6.242562% 060506M74 33.239166 3.640394 666.549384
A7 50,000,000.00 6.214000% 060506M82 0.000000 5.178333 1,000.000000
AIO 533,179,816.97 0.248136% 060506M90 0.000000 0.146833 677.993712
Residual AR 0.00 6.242562% 060506N24 0.000000 0.000000 0.000000
ALR 0.00 6.242562% 060506N32 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 13,537,332.53 6.242562% 060506N40 0.916637 5.165630 992.066018
B2 4,473,386.86 6.242562% 060506N57 0.916637 5.165630 992.066018
B3 2,609,558.42 6.242562% 060506N65 0.916637 5.165630 992.066018
B4 2,237,189.92 6.242562% 060506N73 0.916637 5.165630 992.066018
B5 1,491,459.95 6.242562% 060506N81 0.916637 5.165630 992.066018
B6 1,864,175.84 6.242562% 060506N99 0.916637 5.165630 992.066185
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 533,179,816.97 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
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 509,075,272.46 509,075,272.46
Loan count 1075 1075
Avg loan rate 6.838562% 6.84
Prepay amount 23,612,357.99 23,612,357.99
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FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 214,522.99 214,522.99
Sub servicer fees 0.00 0.00
Trustee fees 888.63 888.63
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 7,769,798.39 7,769,798.39
Aggregate Certificate Information
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Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 95.087943% 100.000000% 506,966,713.45
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Junior 4.912057% 0.000000% 26,188,905.82
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 7 4,279,554.01
60 to 89 days 2 610,308.16
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 9 4,889,862.17
- --------------------------------------------------------------------------------
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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 26,878,217.50 26,878,217.50
Principal remittance amount 24,104,544.20 24,104,544.20
Interest remittance amount 2,773,673.30 2,773,673.30