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 2002-a)
(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-a
On July 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2002-a, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of January 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-a 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 January 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: 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 2002-a
Bank of America, N.A., 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 435,756,916.95 5.242000% 8,565,879.97 1,903,531.47 10,469,411.44 0.00 0.00
A2 96,067,341.60 5.242000% 2,458,507.93 419,654.17 2,878,162.10 0.00 0.00
A3 29,000,000.00 5.242000% 0.00 126,681.67 126,681.67 0.00 0.00
A4 3,490,251.39 5.242000% 68,609.52 15,246.58 83,856.11 0.00 0.00
A5 1,227,116.82 0.000000% 1,511.29 0.00 1,511.29 0.00 0.00
Residual AR 0.00 5.242000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 8,367,068.01 5.242000% 8,757.20 36,550.14 45,307.34 0.00 0.00
B2 3,287,133.50 5.242000% 3,440.40 14,359.29 17,799.70 0.00 0.00
B3 2,689,201.53 5.242000% 2,814.59 11,747.33 14,561.92 0.00 0.00
B4 597,931.97 5.242000% 625.81 2,611.97 3,237.78 0.00 0.00
B5 1,194,869.05 5.242000% 1,250.58 5,219.59 6,470.17 0.00 0.00
B6 1,196,062.61 5.242000% 1,251.81 5,224.80 6,476.61 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 582,873,893.42 - 11,112,649.11 2,540,827.00 13,653,476.11 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 427,191,036.98 0.00
A2 93,608,833.66 0.00
A3 29,000,000.00 0.00
A4 3,421,641.87 0.00
A5 1,225,605.53 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 8,358,310.81 0.00
B2 3,283,693.10 0.00
B3 2,686,386.94 0.00
B4 597,306.16 0.00
B5 1,193,618.46 0.00
B6 1,194,810.80 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 571,761,244.31 -
- --------------------------------------------------------------------------------
Payment Date: 07/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-a
Bank of America, N.A., 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 435,756,916.95 5.242000% 0605065B4 19.058201 4.235162 950.456075
A2 96,067,341.60 5.242000% 0605065C2 24.585079 4.196542 936.088337
A3 29,000,000.00 5.242000% 0605065D0 0.000000 4.368333 1,000.000000
A4 3,490,251.39 5.242000% 0605065E8 19.058201 4.235162 950.456075
A5 1,227,116.82 0.000000% 0605065F5 1.222976 0.000000 991.793423
Residual AR 0.00 5.242000% 0605065G3 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 8,367,068.01 5.242000% 0605065H1 1.041284 4.346034 993.853842
B2 3,287,133.50 5.242000% 0605065J7 1.041284 4.346034 993.853842
B3 2,689,201.53 5.242000% 0605065K4 1.041284 4.346034 993.853842
B4 597,931.97 5.242000% 0605065L2 1.041284 4.346034 993.853842
B5 1,194,869.05 5.242000% 0605065M0 1.041284 4.346034 993.853842
B6 1,196,062.61 5.242000% 0605065N8 1.041269 4.346035 993.854157
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 582,873,893.42 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-a
Bank of America, N.A., Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 571,761,243.88 571,761,243.88
Loan count 1149 1149
Avg loan rate 6.057823% 6.06
Prepay amount 10,502,370.82 10,502,370.82
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 385,228.78 385,228.78
Sub servicer fees 0.00 0.00
Trustee fees 1,457.18 1,457.18
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 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 97.029432% 100.000000% 565,541,626.75
-----------------------------------------------------------------------------
Junior 2.970568% 0.000000% 17,314,126.27
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 2 1,522,883.22
60 to 89 days 1 852,433.73
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 3 2,375,316.95
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 13,653,476.11 13,653,476.11
Principal remittance amount 11,112,649.11 11,112,649.11
Interest remittance amount 2,540,827.00 2,540,827.00