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 2002-4)
(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 2002-4
On June 25, 2002, The Bank of New York, as Trustee for BOA, Mortgage
Pass-Through Certificates Series 2002-4, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of April 1, 2002, 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 2002-4 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 April 1, 2002.
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 2002-4
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 1-A-1 55,067,202.65 5.750000% 303,216.56 263,863.68 567,080.24 0.00 0.00
1-A-2 45,280,364.00 5.750000% 0.00 216,968.41 216,968.41 0.00 0.00
1-A-3 36,228,000.00 6.500000% 0.00 196,235.00 196,235.00 0.00 0.00
1-A-4 187,114.40 6.500000% 505.81 1,013.54 1,519.35 0.00 0.00
1-A-5 36,785,464.87 7.000000% 256,215.36 214,581.88 470,797.23 0.00 0.00
1-A-6 6,438,000.00 7.000000% 0.00 37,555.00 37,555.00 0.00 0.00
1-A-7 17,700,392.00 7.000000% 0.00 103,252.29 103,252.29 0.00 0.00
1-A-8 7,675,000.00 7.000000% 54,000.00 44,770.83 98,770.83 0.00 0.00
1-A-9 3,748,000.00 7.000000% 0.00 21,863.33 21,863.33 0.00 0.00
1-A-10 37,630,336.99 2.290000% 113,706.21 71,811.23 185,517.44 0.00 0.00
1-A-11 37,630,336.99 6.210000% 0.00 194,736.99 194,736.99 0.00 0.00
1-A-12 5,565,159.88 0.000000% 23,821.09 0.00 23,821.09 0.00 0.00
1-A-13 38,300,880.52 6.500000% 34,645.65 207,463.10 242,108.75 0.00 0.00
Residual 1-A-R 0.00 6.500000% 0.00 1.43 1.43 0.00 0.00
1-A-LR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
1-A-WIO 229,145,728.54 0.292266% 0.00 55,809.59 55,809.59 0.00 0.00
2-A-1 19,933,693.15 6.000000% 66,698.98 99,668.47 166,367.45 0.00 0.00
2-A-2 63,590,464.37 6.000000% 758,517.23 317,952.32 1,076,469.55 0.00 0.00
2-A-3 14,728,000.00 6.000000% 0.00 73,640.00 73,640.00 0.00 0.00
2-A-WIO 99,651,759.02 0.401029% 0.00 33,302.68 33,302.68 0.00 0.00
1-A-PO 777,345.56 0.000000% 6,622.89 0.00 6,622.89 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 3,749,851.62 6.500000% 3,169.36 20,311.70 23,481.06 0.00 0.00
1-B-2 1,799,489.15 6.500000% 1,520.92 9,747.23 11,268.15 0.00 0.00
1-B-3 1,050,118.32 6.500000% 887.56 5,688.14 6,575.70 0.00 0.00
1-B-4 599,496.66 6.500000% 506.69 3,247.27 3,753.97 0.00 0.00
1-B-5 450,621.66 6.500000% 380.86 2,440.87 2,821.73 0.00 0.00
1-B-6 600,141.77 6.500000% 507.24 3,250.77 3,758.01 0.00 0.00
2-B-1 699,672.63 6.000000% 2,341.13 3,498.36 5,839.50 0.00 0.00
2-B-2 249,171.16 6.000000% 833.74 1,245.86 2,079.59 0.00 0.00
2-B-3 150,499.38 6.000000% 503.58 752.50 1,256.07 0.00 0.00
2-B-4 99,668.47 6.000000% 333.49 498.34 831.84 0.00 0.00
2-B-5 99,668.47 6.000000% 333.49 498.34 831.83 0.00 0.00
2-B-6 100,921.41 6.000000% 337.69 504.61 842.30 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 399,284,739.07 - 1,629,605.54 2,206,173.75 3,835,779.29 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior 1-A-1 54,763,986.09 0.00
1-A-2 45,280,364.00 0.00
1-A-3 36,228,000.00 0.00
1-A-4 186,608.59 0.00
1-A-5 36,529,249.51 0.00
1-A-6 6,438,000.00 0.00
1-A-7 17,700,392.00 0.00
1-A-8 7,621,000.00 0.00
1-A-9 3,748,000.00 0.00
1-A-10 37,516,630.78 0.00
1-A-11 37,516,630.78 0.00
1-A-12 5,541,338.78 0.00
1-A-13 38,266,234.87 0.00
Residual 1-A-R 0.00 0.00
1-A-LR 0.00 0.00
1-A-WIO 228,515,104.99 0.00
2-A-1 19,866,994.17 0.00
2-A-2 62,831,947.14 0.00
2-A-3 14,728,000.00 0.00
2-A-WIO 98,821,859.68 0.00
1-A-PO 770,722.67 0.00
- --------------------------------------------------------------------------------
Subordinate 1-B-1 3,746,682.26 0.00
1-B-2 1,797,968.22 0.00
1-B-3 1,049,230.76 0.00
1-B-4 598,989.97 0.00
1-B-5 450,240.79 0.00
1-B-6 599,634.53 0.00
2-B-1 697,331.50 0.00
2-B-2 248,337.43 0.00
2-B-3 149,995.81 0.00
2-B-4 99,334.97 0.00
2-B-5 99,334.98 0.00
2-B-6 100,583.72 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 397,655,133.54 -
- --------------------------------------------------------------------------------
Payment Date: 06/25/02
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2002-4
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 1-A-1 55,067,202.65 5.750000% 06050HFT0 5.480742 4.769425 989.877559
1-A-2 45,280,364.00 5.750000% 06050HFU7 0.000000 4.791667 1,000.000000
1-A-3 36,228,000.00 6.500000% 06050HFV5 0.000000 5.416667 1,000.000000
1-A-4 187,114.40 6.500000% 06050HFW3 2.697651 5.405527 995.245808
1-A-5 36,785,464.87 7.000000% 06050HFX1 6.932796 5.806258 988.425725
1-A-6 6,438,000.00 7.000000% 06050HFY9 0.000000 5.833333 1,000.000000
1-A-7 17,700,392.00 7.000000% 06050HFZ6 0.000000 5.833333 1,000.000000
1-A-8 7,675,000.00 7.000000% 06050HGA0 7.002983 5.806100 988.328362
1-A-9 3,748,000.00 7.000000% 06050HGB8 0.000000 5.833333 1,000.000000
1-A-10 37,630,336.99 2.290000% 06050HGC6 3.013950 1.903462 994.433503
1-A-11 37,630,336.99 6.210000% 06050HGD4 0.000000 5.161791 994.433503
1-A-12 5,565,159.88 0.000000% 06050HGE2 4.268165 0.000000 992.874315
1-A-13 38,300,880.52 6.500000% 06050HGF9 0.904043 5.413540 998.518771
Residual 1-A-R 0.00 6.500000% 06050HGG7 0.000000 28.600000 0.000000
1-A-LR 0.00 6.500000% 06050HGH5 0.000000 0.000000 0.000000
1-A-WIO229,145,728.54 0.292266% 06050HGJ1 0.000000 0.242984 994.910131
2-A-1 19,933,693.15 6.000000% 06050HGK8 3.334949 4.983423 993.349708
2-A-2 63,590,464.37 6.000000% 06050HGL6 11.820986 4.955075 979.194089
2-A-3 14,728,000.00 6.000000% 06050HGM4 0.000000 5.000000 1,000.000000
2-A-WIO 99,651,759.02 0.401029% 06050HGN2 0.000000 0.333028 988.220879
1-A-PO 777,345.56 0.000000% 06050HGP7 8.509859 0.000000 990.314224
- ------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 3,749,851.62 6.500000% 06050HGQ5 0.844487 5.412123 998.316615
1-B-2 1,799,489.15 6.500000% 06050HGR3 0.844487 5.412123 998.316615
1-B-3 1,050,118.32 6.500000% 06050HGS1 0.844487 5.412123 998.316615
1-B-4 599,496.66 6.500000% 06050HGY8 0.844487 5.412123 998.316615
1-B-5 450,621.66 6.500000% 06050HGZ5 0.844487 5.412123 998.316615
1-B-6 600,141.77 6.500000% 06050HHA9 0.844487 5.412123 998.316615
2-B-1 699,672.63 6.000000% 06050HGT9 3.334949 4.983423 993.349708
2-B-2 249,171.16 6.000000% 06050HGU6 3.334949 4.983423 993.349708
2-B-3 150,499.38 6.000000% 06050HGV4 3.334949 4.983423 993.349735
2-B-4 99,668.47 6.000000% 06050HHB7 3.334949 4.983423 993.349700
2-B-5 99,668.47 6.000000% 06050HHC5 3.334900 4.983400 993.349800
2-B-6 100,921.41 6.000000% 06050HHD3 3.334976 4.983424 993.349826
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 399,284,739.07 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2002-4
Bank of America, NA, Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 298,834,024.60 98,821,859.68 397,655,884.28
Loan count 607 188 795
Avg loan rate 6.960649% 6.655029% 6.88
Prepay amount 545,858.82 496,460.32 1,042,319.14
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FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 62,162.98 20,669.35 82,832.33
Sub servicer fees 0.00 0.00 0.00
Trustee fees 998.78 332.17 1,330.95
Agg advances N/A N/A N/A
Adv this period 0.00 0.00 0.00
- --------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
- --------------------------------------------------------------------------------
Total
-----
Realized losses 0.00 0.00 0.00
Cumulative losses 0.00 0.00 0.00
Coverage Amounts Total
- ---------------- -----
Bankruptcy 0.00 0.00 0.00
Fraud 0.00 0.00 0.00
Special Hazard 0.00 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 97.586197% 100.000000% 389,635,418.38
-----------------------------------------------------------------------------
Junior 2.413803% 0.000000% 9,637,664.94
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 16 8,355,775.19
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 16 8,355,775.19
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 3,835,779.29 3,835,779.29
Principal remittance amount 1,629,605.54 1,629,605.54
Interest remittance amount 2,206,173.75 2,206,173.75