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): July 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 July 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 July 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: July 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 July 25, 2002
Payment Date: 07/25/02
------------------------------------------------------------
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 0.00 4.958000% 0.00 0.00 0.00 0.00 0.00
A2 9,319,922.97 5.601000% 1,575,648.90 43,500.74 1,619,149.64 0.00 0.00
A3 83,441,993.10 5.983000% 14,106,906.81 416,027.87 14,522,934.68 0.00 0.00
A4 163,015,000.00 6.097000% 0.00 828,252.05 828,252.05 0.00 0.00
A5 56,774,809.74 5.953000% 4,343,583.48 281,650.37 4,625,233.85 0.00 0.00
A6 56,774,809.74 6.221395% 4,343,583.48 294,348.75 4,637,932.24 0.00 0.00
A7 41,982,547.83 6.214000% 7,097,671.90 217,399.63 7,315,071.53 0.00 0.00
AIO 437,424,207.71 0.140598% 0.00 51,250.75 51,250.75 0.00 0.00
Residual AR 0.00 6.221395% 0.00 0.00 0.00 0.00 0.00
ALR 0.00 6.221395% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 13,486,732.77 6.221395% 12,908.67 69,921.91 82,830.58 0.00 0.00
B2 4,456,666.26 6.221395% 4,265.65 23,105.57 27,371.21 0.00 0.00
B3 2,599,804.42 6.221395% 2,488.37 13,478.67 15,967.05 0.00 0.00
B4 2,228,827.77 6.221395% 2,133.30 11,555.35 13,688.64 0.00 0.00
B5 1,485,885.18 6.221395% 1,422.20 7,703.57 9,125.76 0.00 0.00
B6 1,857,207.94 6.221395% 1,777.60 9,628.69 11,406.29 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 437,424,207.71 - 31,492,390.36 2,267,823.96 33,760,214.32 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 0.00 0.00
A2 7,744,274.07 0.00
A3 69,335,086.29 0.00
A4 163,015,000.00 0.00
A5 52,431,226.26 0.00
A6 52,431,226.26 0.00
A7 34,884,875.92 0.00
AIO 405,931,817.35 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 13,473,824.10 0.00
B2 4,452,400.61 0.00
B3 2,597,316.05 0.00
B4 2,226,694.47 0.00
B5 1,484,462.98 0.00
B6 1,855,430.33 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 405,931,817.35 -
- --------------------------------------------------------------------------------
Payment Date: 07/25/02
------------------------------------------------------------
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 0.00 4.958000% 060506M25 0.000000 0.000000 0.000000
A2 9,319,922.97 5.601000% 060506M33 63.025956 1.740030 309.770963
A3 83,441,993.10 5.983000% 060506M41 141.953438 4.186360 697.697518
A4 163,015,000.00 6.097000% 060506M58 0.000000 5.080833 1,000.000000
A5 56,774,809.74 5.953000% 060506M66 43.435835 2.816504 524.312263
A6 56,774,809.74 6.221395% 060506M74 43.435835 2.943488 524.312263
A7 41,982,547.83 6.214000% 060506M82 141.953438 4.347993 697.697518
AIO 437,424,207.71 0.140598% 060506M90 0.000000 0.068256 540.625786
Residual AR 0.00 6.221395% 060506N24 0.000000 0.000000 0.000000
ALR 0.00 6.221395% 060506N32 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 13,486,732.77 6.221395% 060506N40 0.946869 5.128872 988.324221
B2 4,456,666.26 6.221395% 060506N57 0.946869 5.128872 988.324221
B3 2,599,804.42 6.221395% 060506N65 0.946869 5.128872 988.324221
B4 2,228,827.77 6.221395% 060506N73 0.946869 5.128872 988.324221
B5 1,485,885.18 6.221395% 060506N81 0.946869 5.128872 988.324221
B6 1,857,207.94 6.221395% 060506N99 0.946869 5.128873 988.324387
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 437,424,207.71 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-c
Bank of America, NA, Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 405,931,817.04 405,931,817.04
Loan count 876 876
Avg loan rate 6.817395% 6.82
Prepay amount 31,073,714.89 31,073,714.89
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FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 139,293.81 139,293.81
Sub servicer fees 0.00 0.00
Trustee fees 729.04 729.04
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 0.00 0.00
Special Hazard 7,271,888.71 7,271,888.71
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 94.035168% 100.000000% 411,309,083.38
-----------------------------------------------------------------------------
Junior 5.964832% 0.000000% 26,090,128.55
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 9 4,745,143.93
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 9 4,745,143.93
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 33,760,214.32 33,760,214.32
Principal remittance amount 31,492,390.36 31,492,390.36
Interest remittance amount 2,267,823.96 2,267,823.96