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): June 25, 2002
BOA
(Depositor)
(Issuer in respect of Mortgage Pass-Through Certificates, Series 2001-8)
(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 2001-8
On June 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 June 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: June 25, 2002
BOA
By: /s/ Diane Pickett
------------------------------
Name: Diane Pickett
Vice President
The Bank of New York,
as Trustee
EXHIBIT INDEX
Exhibit
99 Monthly Remittance Statement dated June 25, 2002
Payment Date: 06/25/02
------------------------------------------------------------
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 218,833,045.32 6.750000% 5,758,532.77 1,230,935.88 6,989,468.65 0.00 0.00
A2 67,289,190.29 6.750000% 1,536,416.91 378,501.70 1,914,918.60 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 13,248,692.55 6.750000% 0.00 0.00 0.00 0.00 0.00
A6 9,277,307.45 6.750000% 74,523.90 52,184.85 126,708.75 0.00 0.00
A7 24,121,735.04 6.000000% 214,258.02 120,608.68 334,866.70 0.00 0.00
A8 25,752,846.25 2.690000% 1,785,470.84 57,729.30 1,843,200.14 0.00 0.00
A9 6,676,664.13 22.410000% 462,899.87 124,686.70 587,586.57 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 30,709,638.53 5.750000% 496,538.69 147,150.35 643,689.04 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 7,607,176.27 6.750000% 0.00 42,790.37 42,790.37 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 223,984,695.02 6.500000% 6,564,071.31 1,213,250.43 7,777,321.74 0.00 0.00
3A1 99,840,736.83 6.750000% 3,897,976.82 561,604.14 4,459,580.97 0.00 0.00
3A2 9,232,623.12 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 3,213,607.59 0.000000% 17,977.86 0.00 17,977.86 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,162,756.83 6.750000% 10,713.58 68,415.51 79,129.09 0.00 0.00
B2 5,366,330.50 6.750000% 4,726.94 30,185.61 34,912.55 0.00 0.00
B3 2,862,175.17 6.750000% 2,521.15 16,099.74 18,620.89 0.00 0.00
B4 1,789,107.41 6.750000% 1,575.94 10,063.73 11,639.67 0.00 0.00
B5 1,431,087.58 6.750000% 1,260.58 8,049.87 9,310.44 0.00 0.00
B6 1,431,072.77 6.750000% 1,260.56 8,049.78 9,310.35 0.00 0.00
2B1 1,909,693.98 6.500000% 6,940.83 10,344.18 17,285.01 0.00 0.00
2B2 1,028,296.76 6.500000% 3,737.37 5,569.94 9,307.31 0.00 0.00
2B3 587,598.15 6.500000% 2,135.64 3,182.82 5,318.46 0.00 0.00
2B4 293,799.07 6.500000% 1,067.82 1,591.41 2,659.23 0.00 0.00
2B5 293,799.07 6.500000% 1,067.82 1,591.41 2,659.23 0.00 0.00
2B6 294,482.23 6.500000% 1,070.26 1,595.11 2,665.37 0.00 0.00
3B1 2,818,467.85 6.750000% 2,459.87 15,853.88 18,313.75 0.00 0.00
3B2 795,359.33 6.750000% 694.16 4,473.90 5,168.06 0.00 0.00
3B3 434,373.30 6.750000% 379.11 2,443.35 2,822.46 0.00 0.00
3B4 434,373.30 6.750000% 379.11 2,443.35 2,822.46 0.00 0.00
3B5 289,582.20 6.750000% 252.74 1,628.90 1,881.64 0.00 0.00
3B6 289,828.14 6.750000% 252.95 1,630.28 1,883.24 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 971,992,965.76 - 20,851,163.41 5,275,344.84 26,126,508.25 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 213,074,512.55 0.00
A2 65,752,773.38 0.00
A3 70,000,000.00 0.00
A4 8,331,000.00 0.00
A5 13,323,216.44 0.00
A6 9,202,783.56 0.00
A7 23,907,477.02 0.00
A8 23,967,375.41 0.00
A9 6,213,764.26 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 30,213,099.84 0.00
A16 10,190,000.00 0.00
A17 15,002,000.00 0.00
A18 7,509,808.54 0.00
A19 72,000,000.00 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
2A1 217,420,623.71 0.00
3A1 95,942,760.00 0.00
3A2 9,284,556.63 0.00
3A3 14,500,000.00 0.00
APO 3,195,629.73 0.00
- --------------------------------------------------------------------------------
Subordinate B1 12,152,043.26 0.00
B2 5,361,603.56 0.00
B3 2,859,654.01 0.00
B4 1,787,531.48 0.00
B5 1,429,827.01 0.00
B6 1,429,812.20 0.00
2B1 1,902,753.15 0.00
2B2 1,024,559.39 0.00
2B3 585,462.51 0.00
2B4 292,731.25 0.00
2B5 292,731.25 0.00
2B6 293,411.97 0.00
3B1 2,816,007.98 0.00
3B2 794,665.17 0.00
3B3 433,994.19 0.00
3B4 433,994.19 0.00
3B5 289,329.46 0.00
3B6 289,575.19 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 951,268,259.75 -
- --------------------------------------------------------------------------------
Payment Date: 06/25/02
------------------------------------------------------------
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 218,833,045.32 6.750000% 060506P22 20.651598 4.414457 764.140669
A2 67,289,190.29 6.750000% 060506P30 18.444381 4.543838 789.349020
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 13,248,692.55 6.750000% 060506P63 0.000000 0.000000 1,063.644934
A6 9,277,307.45 6.750000% 060506P71 7.452390 5.218485 920.278356
A7 24,121,735.04 6.000000% 060506P89 8.570321 4.824347 956.299081
A8 25,752,846.25 2.690000% 060506P97 38.161663 1.233874 512.265385
A9 6,676,664.13 22.410000% 060506Q21 38.161663 10.279225 512.265385
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 30,709,638.53 5.750000% 060506Q88 15.163802 4.493827 922.678267
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 7,607,176.27 6.750000% 060506R38 0.000000 5.344590 937.987988
A19 72,000,000.00 6.750000% 060506R46 0.000000 5.625000 1,000.000000
Residual AR 0.00 6.750000% 060506R53 0.000000 1.835919 0.000000
ALR 0.00 6.750000% 060506R61 0.000000 0.000000 0.000000
2A1 223,984,695.02 6.500000% 060506R79 21.966640 4.060138 727.597295
3A1 99,840,736.83 6.750000% 060506R87 33.296405 4.797206 819.540271
3A2 9,232,623.12 6.750000% 060506R95 0.000000 0.000000 1,063.644934
3A3 14,500,000.00 6.750000% 060506S29 0.000000 5.625000 1,000.000000
APO 3,213,607.59 0.000000% 060506S37 5.329938 0.000000 947.415590
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,162,756.83 6.750000% 060506S45 0.873580 5.578564 990.871107
B2 5,366,330.50 6.750000% 060506S52 0.873580 5.578564 990.871107
B3 2,862,175.17 6.750000% 060506S60 0.873580 5.578564 990.871107
B4 1,789,107.41 6.750000% 060506T51 0.873580 5.578564 990.871107
B5 1,431,087.58 6.750000% 060506T69 0.873580 5.578564 990.871107
B6 1,431,072.77 6.750000% 060506T77 0.873580 5.578564 990.871107
2B1 1,909,693.98 6.500000% 060506S78 3.512566 5.234907 962.931755
2B2 1,028,296.76 6.500000% 060506S86 3.512566 5.234907 962.931755
2B3 587,598.15 6.500000% 060506S94 3.512566 5.234907 962.931755
2B4 293,799.07 6.500000% 060506T85 3.512566 5.234907 962.931755
2B5 293,799.07 6.500000% 060506T93 3.512566 5.234907 962.931755
2B6 294,482.23 6.500000% 060506U26 3.512423 5.234912 962.932784
3B1 2,818,467.85 6.750000% 060506T28 0.865541 5.578424 990.854321
3B2 795,359.33 6.750000% 060506T36 0.865541 5.578424 990.854321
3B3 434,373.30 6.750000% 060506T44 0.865541 5.578424 990.854321
3B4 434,373.30 6.750000% 060506U34 0.865541 5.578424 990.854321
3B5 289,582.20 6.750000% 060506U42 0.865541 5.578424 990.854321
3B6 289,828.14 6.750000% 060506U59 0.865541 5.578426 990.854668
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 971,992,965.76 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8
Bank of America, NA, Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 603,885,393.29 222,262,338.60 125,120,527.78 951,268,259.67
Loan count 1477 514 300 2291
Avg loan rate 7.215760% 6.936899% 7.219430% 7.15
Prepay amount 9,750,750.18 5,750,197.47 3,738,280.27 19,239,227.92
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 237,702.97 77,140.89 45,554.83 360,398.69
Sub servicer fees 0.00 0.00 0.00 0.00
Trustee fees 1,023.63 381.41 214.95 1,619.99
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 96.453555% 100.000000% 937,480,782.11
-----------------------------------------------------------------------------
Junior 3.546445% 0.000000% 34,469,687.22
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 17 6,893,778.31
60 to 89 days 1 342,843.72
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 18 7,236,622.03
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
REO INFORMATION
- --------------------------------------------------------------------------------
REO Date Loan Number Ending Stated Balance Book Value
-------- ----------- --------------------- ----------
N/A # 0 N/A
Totals: 0 N/A
Current Total Outstanding Balance: 623,812.39
Current Total Outstanding Number of Loans: 1
- --------------------------------------------------------------------------------
OTHER INFORMATION
- --------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 26,126,508.25 26,126,508.25
Principal remittance amount 20,851,163.41 20,851,163.41
Interest remittance amount 5,275,344.84 5,275,344.84