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): August 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 August 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 August
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: August 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 August 25, 2002
Payment Date: 08/25/02
------------------------------------------------------------
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 203,839,722.09 6.750000% 14,151,733.26 1,146,598.44 15,298,331.69 0.00 0.00
A2 63,288,866.56 6.750000% 3,775,781.62 355,999.87 4,131,781.50 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 46,861.87 46,861.87 0.00 0.00
A5 13,398,159.53 6.750000% 0.00 0.00 0.00 0.00 0.00
A6 9,127,840.47 6.750000% 75,364.65 51,344.10 126,708.75 0.00 0.00
A7 23,680,573.92 6.000000% 239,435.97 118,402.87 357,838.84 0.00 0.00
A8 20,796,635.46 2.686880% 5,144,215.70 46,565.05 5,190,780.75 0.00 0.00
A9 5,391,720.53 22.422034% 1,333,685.61 100,744.45 1,434,430.06 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 12,448.12 12,448.12 0.00 0.00
A14 9,474,000.00 6.750000% 0.00 53,291.25 53,291.25 0.00 0.00
A15 29,687,256.44 5.750000% 554,888.06 142,251.44 697,139.50 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 7,406,694.35 6.750000% 0.00 41,662.66 41,662.66 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 0.16 0.16 0.00 0.00
ALR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
2A1 211,047,098.25 6.500000% 10,260,868.10 1,143,171.78 11,404,039.88 0.00 0.00
3A1 91,754,900.43 6.750000% 6,509,343.45 516,121.31 7,025,464.76 0.00 0.00
3A2 9,336,782.26 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 3,140,058.63 0.000000% 30,287.64 0.00 30,287.64 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,141,290.50 6.750000% 10,864.77 68,294.76 79,159.53 0.00 0.00
B2 5,356,859.34 6.750000% 4,793.64 30,132.33 34,925.98 0.00 0.00
B3 2,857,123.65 6.750000% 2,556.73 16,071.32 18,628.05 0.00 0.00
B4 1,785,949.78 6.750000% 1,598.18 10,045.97 11,644.14 0.00 0.00
B5 1,428,561.82 6.750000% 1,278.36 8,035.66 9,314.02 0.00 0.00
B6 1,428,547.03 6.750000% 1,278.35 8,035.58 9,313.93 0.00 0.00
2B1 1,895,786.09 6.500000% 7,043.30 10,268.84 17,312.14 0.00 0.00
2B2 1,020,807.90 6.500000% 3,792.55 5,529.38 9,321.92 0.00 0.00
2B3 583,318.80 6.500000% 2,167.17 3,159.64 5,326.81 0.00 0.00
2B4 291,659.40 6.500000% 1,083.58 1,579.82 2,663.41 0.00 0.00
2B5 291,659.40 6.500000% 1,083.58 1,579.82 2,663.41 0.00 0.00
2B6 292,337.63 6.500000% 1,086.09 1,583.50 2,669.59 0.00 0.00
3B1 2,813,520.32 6.750000% 2,510.06 15,826.05 18,336.12 0.00 0.00
3B2 793,963.16 6.750000% 708.33 4,466.04 5,174.37 0.00 0.00
3B3 433,610.80 6.750000% 386.84 2,439.06 2,825.90 0.00 0.00
3B4 433,610.80 6.750000% 386.84 2,439.06 2,825.90 0.00 0.00
3B5 289,073.87 6.750000% 257.90 1,626.04 1,883.94 0.00 0.00
3B6 289,319.38 6.750000% 258.11 1,627.42 1,885.54 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 924,216,614.23 - 42,118,738.46 5,008,292.02 47,127,030.48 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 189,687,988.83 0.00
A2 59,513,084.94 0.00
A3 70,000,000.00 0.00
A4 8,331,000.00 0.00
A5 13,473,524.18 0.00
A6 9,052,475.82 0.00
A7 23,441,137.95 0.00
A8 15,652,419.76 0.00
A9 4,058,034.92 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 29,132,368.38 0.00
A16 10,190,000.00 0.00
A17 15,002,000.00 0.00
A18 7,297,884.72 0.00
A19 72,000,000.00 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
2A1 200,786,230.15 0.00
3A1 85,245,556.98 0.00
3A2 9,389,301.66 0.00
3A3 14,500,000.00 0.00
APO 3,109,770.98 0.00
- --------------------------------------------------------------------------------
Subordinate B1 12,130,425.73 0.00
B2 5,352,065.69 0.00
B3 2,854,566.92 0.00
B4 1,784,351.60 0.00
B5 1,427,283.46 0.00
B6 1,427,268.68 0.00
2B1 1,888,742.79 0.00
2B2 1,017,015.35 0.00
2B3 581,151.63 0.00
2B4 290,575.81 0.00
2B5 290,575.81 0.00
2B6 291,251.53 0.00
3B1 2,811,010.26 0.00
3B2 793,254.83 0.00
3B3 433,223.96 0.00
3B4 433,223.96 0.00
3B5 288,815.97 0.00
3B6 289,061.26 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 882,225,759.82 -
- --------------------------------------------------------------------------------
Payment Date: 08/25/02
------------------------------------------------------------
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 203,839,722.09 6.750000% 060506P22 50.751799 4.112000 680.270507
A2 63,288,866.56 6.750000% 060506P30 45.327510 4.273708 714.442796
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 13,398,159.53 6.750000% 060506P63 0.000000 0.000000 1,075.644594
A6 9,127,840.47 6.750000% 060506P71 7.536465 5.134410 905.247582
A7 23,680,573.92 6.000000% 060506P89 9.577439 4.736115 937.645518
A8 20,796,635.46 2.686880% 060506P97 109.949612 0.995256 334.546136
A9 5,391,720.53 22.422034% 060506Q21 109.949612 8.305416 334.546136
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 29,687,256.44 5.750000% 060506Q88 16.945734 4.344219 889.673794
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 7,406,694.35 6.750000% 060506R38 0.000000 5.203737 911.518339
A19 72,000,000.00 6.750000% 060506R46 0.000000 5.625000 1,000.000000
Residual AR 0.00 6.750000% 060506R53 0.000000 3.235676 0.000000
ALR 0.00 6.750000% 060506R61 0.000000 0.000000 0.000000
2A1 211,047,098.25 6.500000% 060506R79 34.337956 3.825620 671.930360
3A1 91,754,900.43 6.750000% 060506R87 55.602623 4.408693 728.165073
3A2 9,336,782.26 6.750000% 060506R95 0.000000 0.000000 1,075.644594
3A3 14,500,000.00 6.750000% 060506S29 0.000000 5.625000 1,000.000000
APO 3,140,058.63 0.000000% 060506S37 8.979446 0.000000 921.960854
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,141,290.50 6.750000% 060506S45 0.885907 5.568718 989.108426
B2 5,356,859.34 6.750000% 060506S52 0.885907 5.568718 989.108426
B3 2,857,123.65 6.750000% 060506S60 0.885907 5.568718 989.108426
B4 1,785,949.78 6.750000% 060506T51 0.885907 5.568718 989.108426
B5 1,428,561.82 6.750000% 060506T69 0.885907 5.568718 989.108426
B6 1,428,547.03 6.750000% 060506T77 0.885907 5.568718 989.108426
2B1 1,895,786.09 6.500000% 060506S78 3.564422 5.196782 955.841494
2B2 1,020,807.90 6.500000% 060506S86 3.564422 5.196782 955.841494
2B3 583,318.80 6.500000% 060506S94 3.564422 5.196782 955.841494
2B4 291,659.40 6.500000% 060506T85 3.564422 5.196782 955.841494
2B5 291,659.40 6.500000% 060506T93 3.564422 5.196782 955.841494
2B6 292,337.63 6.500000% 060506U26 3.564394 5.196788 955.842548
3B1 2,813,520.32 6.750000% 060506T28 0.883203 5.568632 989.095799
3B2 793,963.16 6.750000% 060506T36 0.883203 5.568632 989.095799
3B3 433,610.80 6.750000% 060506T44 0.883203 5.568632 989.095799
3B4 433,610.80 6.750000% 060506U34 0.883203 5.568632 989.095799
3B5 289,073.87 6.750000% 060506U42 0.883203 5.568632 989.095799
3B6 289,319.38 6.750000% 060506U59 0.883204 5.568634 989.096145
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 924,216,614.23 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8
Bank of America, NA, Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Prin balance 562,122,440.68 205,592,003.01 114,511,316.04
Loan count 1382 481 276
Avg loan rate 7.209382% 6.929640% 7.213771%
Prepay amount 24,723,833.99 9,476,910.15 6,354,387.54
Total
-----
Prin balance 882,225,759.73
Loan count 2139
Avg loan rate 7.14
Prepay amount 40,555,131.68
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Master serv fees 195,564.59 63,690.77 36,296.33
Sub servicer fees 0.00 0.00 0.00
Trustee fees 978.95 359.78 201.62
Agg advances N/A N/A N/A
Adv this period 0.00 0.00 0.00
Total
-----
Master serv fees 295,551.69
Sub servicer fees 0.00
Trustee fees 1,540.36
Agg advances N/A
Adv this period 0.00
- --------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
- --------------------------------------------------------------------------------
Realized losses 0.00 0.00 0.00
Cumulative losses 0.00 0.00 0.00
Total
-----
Realized losses 0.00
Cumulative losses 0.00
Coverage Amounts
- ----------------
Bankruptcy 0.00 0.00 0.00
Fraud 0.00 0.00 0.00
Special Hazard 7,213,603.79 7,213,603.79 7,213,603.79
Total
-----
Bankruptcy 0.00
Fraud 0.00
Special Hazard 21,640,811.37
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 96.279501% 100.000000% 889,789,614.58
-----------------------------------------------------------------------------
Junior 3.720499% 0.000000% 34,383,865.25
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 24 10,122,481.43
60 to 89 days 1 552,250.87
90 or more 1 423,145.00
Foreclosure 0 0.00
Totals: 26 11,097,877.30
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 47,127,030.48 47,127,030.48
Principal remittance amount 42,118,738.46 42,118,738.46
Interest remittance amount 5,008,292.02 5,008,292.02