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): September 25, 2002
BOA
(Depositor)
(Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000-7)
(Exact name of registrant as specified in charter)
North Carolina 333-80941 134147976
(State or other (Commission File No.) (I.R.S. Employer
jurisdiction of Identification No.)
organization)
201 N. Tryon Street, NC1-02205-10, 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 2000-7
On September 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2000-7, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of November 1, 2000, among BOA as Depositor, BANK
OF AMERICA MORTGAGE SECURITIES, 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 2000-7 relating to the distribution date of September
25, 2002 prepared by The Bank of New York, as Trustee under
the Pooling and Servicing Agreement dated as of November 1,
2000.
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: September 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 September 25, 2002
Payment Date: 09/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000-7
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 0.00 7.125000% 0.00 0.00 0.00 0.00 0.00
A2 13,967,968.91 7.125000% 5,239,192.75 80,764.38 5,319,957.13 0.00 2,170.44
A3 11,000,000.00 7.125000% 0.00 63,603.25 63,603.25 0.00 1,709.25
A4 50,690,533.20 7.125000% 10,636,727.22 293,098.40 10,929,825.62 0.00 7,876.64
A5 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A6 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A7 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A8 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A9 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A10 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A11 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A12 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A13 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A14 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A15 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A16 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A17 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A18 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A19 7,510,193.05 11.817416% 43,424.79 28,598.90 72,023.69 0.00 1,935.54
A20 0.00 7.750000% 0.00 0.00 0.00 0.00 0.00
A21 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A22 2,491,819.72 7.750000% 0.00 15,671.84 15,671.84 0.00 421.16
A23 4,115,392.48 7.125000% 23,795.67 0.00 23,795.67 0.00 639.48
A24 156,069.88 7.750000% 28,387.19 981.57 29,368.76 0.00 26.38
A25 0.00 7.125000% 0.00 0.00 0.00 0.00 0.00
APO 880,849.42 0.000000% 160,251.26 0.00 160,251.26 0.00 0.00
Residual AR 0.00 7.750000% 0.00 0.00 0.00 0.00 0.00
ALR 0.00 7.750000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,705,080.74 7.750000% 10,550.67 79,906.27 90,456.94 0.00 2,147.38
B2 4,432,646.18 7.750000% 3,681.00 27,878.31 31,559.31 0.00 749.19
B3 2,659,981.63 7.750000% 2,208.93 16,729.47 18,938.39 0.00 449.58
B4 1,478,205.27 7.750000% 1,227.54 9,296.90 10,524.45 0.00 249.84
B5 1,182,761.18 7.750000% 982.20 7,438.76 8,420.96 0.00 199.91
B6 1,181,923.70 7.750000% 981.50 7,433.49 8,415.00 0.00 199.77
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 111,961,605.64 - 16,151,410.71 631,401.54 16,782,812.26 - 18,774.56
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 0.00 0.00
A2 8,728,776.15 2,170.44
A3 11,000,000.00 1,709.25
A4 40,053,805.98 7,876.64
A5 0.00 0.00
A6 0.00 0.00
A7 0.00 0.00
A8 0.00 0.00
A9 0.00 0.00
A10 0.00 0.00
A11 0.00 0.00
A12 0.00 0.00
A13 0.00 0.00
A14 0.00 0.00
A15 0.00 0.00
A16 0.00 0.00
A17 0.00 0.00
A18 0.00 0.00
A19 7,510,193.05 1,935.54
A20 0.00 0.00
A21 0.00 0.00
A22 2,038,587.85 421.16
A23 4,115,392.48 639.48
A24 127,682.69 26.38
A25 0.00 0.00
APO 720,598.16 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 12,694,530.07 2,147.38
B2 4,428,965.18 749.19
B3 2,657,772.71 449.58
B4 1,476,977.73 249.84
B5 1,181,778.98 199.91
B6 1,180,942.20 199.77
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 95,877,415.38 18,774.56
- --------------------------------------------------------------------------------
Payment Date: 09/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000-7
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 0.00 7.125000% 060506QC9 0.000000 0.000000 0.000000
A2 13,967,968.91 7.125000% 060506QD7 238.578905 3.677795 397.485253
A3 11,000,000.00 7.125000% 060506QE5 0.000000 5.782113 1,000.000000
A4 50,690,533.20 7.125000% 060506QF2 94.124499 2.593631 354.436504
A5 0.00 8.000000% 060506QG0 0.000000 0.000000 0.000000
A6 0.00 8.000000% 060506QH8 0.000000 0.000000 0.000000
A7 0.00 8.000000% 060506QJ4 0.000000 0.000000 0.000000
A8 0.00 8.000000% 060506QK1 0.000000 0.000000 0.000000
A9 0.00 7.500000% 060506QL9 0.000000 0.000000 0.000000
A10 0.00 7.500000% 060506QM7 0.000000 0.000000 0.000000
A11 0.00 7.500000% 060506QN5 0.000000 0.000000 0.000000
A12 0.00 7.500000% 060506QP0 0.000000 0.000000 0.000000
A13 0.00 7.500000% 060506QQ8 0.000000 0.000000 0.000000
A14 0.00 7.500000% 060506QR6 0.000000 0.000000 0.000000
A15 0.00 7.500000% 060506QS4 0.000000 0.000000 0.000000
A16 0.00 8.000000% 060506QT2 0.000000 0.000000 0.000000
A17 0.00 8.000000% 060506QU9 0.000000 0.000000 0.000000
A18 0.00 7.500000% 060506QV7 0.000000 0.000000 0.000000
A19 7,510,193.05 11.817416% 060506QW5 0.700431 0.461293 121.137519
A20 0.00 7.750000% 060506QX3 0.000000 0.000000 0.000000
A21 0.00 7.500000% 060506QY1 0.000000 0.000000 0.000000
A22 2,491,819.72 7.750000% 060506QZ8 0.000000 1.883842 245.049528
A23 4,115,392.48 7.125000% 060506RA2 6.244352 0.000000 1,079.942920
A24 156,069.88 7.750000% 060506RB0 27.694820 0.957632 124.568477
A25 0.00 7.125000% 060506RC8 0.000000 0.000000 0.000000
APO 880,849.42 0.000000% 060506RD6 91.710358 0.000000 412.391874
Residual AR 0.00 7.750000% 060506RE4 0.000000 0.000000 0.000000
ALR 0.00 7.750000% 060506RF1 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,705,080.74 7.750000% 060506RG9 0.817818 6.193804 983.995820
B2 4,432,646.18 7.750000% 060506RH7 0.817818 6.193804 983.995820
B3 2,659,981.63 7.750000% 060506RJ3 0.817818 6.193804 983.995820
B4 1,478,205.27 7.750000% 060506RP9 0.817818 6.193804 983.995820
B5 1,182,761.18 7.750000% 060506RQ7 0.817818 6.193804 983.995820
B6 1,181,923.70 7.750000% 060506RR5 0.817818 6.193805 983.995887
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 111,961,605.64 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000-7
Bank of America, N.A., Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 95,877,416.51 95,877,416.51
Loan count 261 261
Avg loan rate 8.182408% 8.18
Prepay amount 15,991,161.37 15,991,161.37
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 3,606.61 3,606.61
Sub servicer fees 0.00 0.00
Trustee fees 326.55 326.55
Agg advances N/A N/A
Adv this period 0.00 0.00
- --------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
- --------------------------------------------------------------------------------
Total
-----
Realized losses 0.00 0.00
Cumulative losses 0.00 0.00
Coverage Amounts Total
- ---------------- -----
Bankruptcy 100,000.00 100,000.00
Fraud 0.00 0.00
Special Hazard 1,969,102.02 1,969,102.02
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 78.898919% 100.000000% 88,321,006.93
-----------------------------------------------------------------------------
Junior 21.101081% 0.000000% 23,620,966.87
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 10 3,305,853.58
60 to 89 days 3 893,373.39
90 or more 0 0.00
Foreclosure 1 307,749.50
Totals: 14 4,506,976.47
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 16,782,812.26 16,782,812.26
Principal remittance amount 16,151,410.71 16,151,410.71
Interest remittance amount 631,401.54 631,401.54