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 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 September 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 September
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: 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, Inc.
Mortgage Pass-Through Certificates, Series 2002-4
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 1-A-1 54,018,842.90 5.750000% 441,687.54 258,840.29 700,527.83 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-4 179,792.71 6.500000% 7,741.23 973.88 8,715.11 0.00 0.00
1-A-5 29,270,995.04 7.000000% 8,708,908.16 170,747.47 8,879,655.63 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 6,107,000.00 7.000000% 1,817,000.00 35,624.17 1,852,624.17 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 37,237,202.09 2.260000% 165,632.82 70,130.06 235,762.89 0.00 0.00
1-A-11 37,237,202.09 6.240000% 0.00 193,633.45 193,633.45 0.00 0.00
1-A-12 4,866,517.60 0.000000% 809,692.71 0.00 809,692.71 0.00 0.00
1-A-13 38,159,424.05 6.500000% 72,091.69 206,696.88 278,788.57 0.00 0.00
Residual 1-A-R 0.00 6.500000% 0.00 1.85 1.85 0.00 0.00
1-A-LR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
1-A-WIO 218,167,614.15 0.286275% 0.00 52,046.61 52,046.61 0.00 0.00
2-A-1 19,731,760.53 6.000000% 68,476.46 98,658.80 167,135.27 0.00 0.00
2-A-2 59,254,865.63 6.000000% 8,919,096.28 296,274.33 9,215,370.61 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 95,100,049.40 0.397772% 0.00 31,523.47 31,523.47 0.00 0.00
1-A-PO 762,072.03 0.000000% 1,452.80 0.00 1,452.80 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 3,740,239.43 6.500000% 3,268.14 20,259.63 23,527.77 0.00 0.00
1-B-2 1,794,876.42 6.500000% 1,568.32 9,722.25 11,290.57 0.00 0.00
1-B-3 1,047,426.50 6.500000% 915.22 5,673.56 6,588.78 0.00 0.00
1-B-4 597,959.94 6.500000% 522.48 3,238.95 3,761.43 0.00 0.00
1-B-5 449,466.56 6.500000% 392.73 2,434.61 2,827.34 0.00 0.00
1-B-6 598,603.39 6.500000% 523.05 3,242.44 3,765.48 0.00 0.00
2-B-1 692,584.79 6.000000% 2,403.52 3,462.92 5,866.45 0.00 0.00
2-B-2 246,647.01 6.000000% 855.96 1,233.24 2,089.19 0.00 0.00
2-B-3 148,974.80 6.000000% 517.00 744.87 1,261.87 0.00 0.00
2-B-4 98,658.80 6.000000% 342.38 493.29 835.68 0.00 0.00
2-B-5 98,658.81 6.000000% 342.38 493.29 835.68 0.00 0.00
2-B-6 99,899.09 6.000000% 346.64 499.50 846.13 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 383,325,224.12 - 21,023,777.50 2,116,163.84 23,139,941.34 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior 1-A-1 53,577,155.36 0.00
1-A-2 45,280,364.00 0.00
1-A-3 36,228,000.00 0.00
1-A-4 172,051.48 0.00
1-A-5 20,562,086.88 0.00
1-A-6 6,438,000.00 0.00
1-A-7 17,700,392.00 0.00
1-A-8 4,290,000.00 0.00
1-A-9 3,748,000.00 0.00
1-A-10 37,071,569.27 0.00
1-A-11 37,071,569.27 0.00
1-A-12 4,056,824.89 0.00
1-A-13 38,087,332.36 0.00
Residual 1-A-R 0.00 0.00
1-A-LR 0.00 0.00
1-A-WIO 207,181,365.87 0.00
2-A-1 19,663,284.07 0.00
2-A-2 50,335,769.35 0.00
2-A-3 14,728,000.00 0.00
2-A-WIO 86,107,668.73 0.00
1-A-PO 760,619.23 0.00
- --------------------------------------------------------------------------------
Subordinate 1-B-1 3,736,971.29 0.00
1-B-2 1,793,308.10 0.00
1-B-3 1,046,511.28 0.00
1-B-4 597,437.46 0.00
1-B-5 449,073.82 0.00
1-B-6 598,080.35 0.00
2-B-1 690,181.27 0.00
2-B-2 245,791.05 0.00
2-B-3 148,457.80 0.00
2-B-4 98,316.42 0.00
2-B-5 98,316.43 0.00
2-B-6 99,552.46 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 362,301,446.61 -
- --------------------------------------------------------------------------------
Payment Date: 09/25/02
------------------------------------------------------------
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 54,018,842.90 5.750000% 06050HFT0 7.983652 4.678626 968.425193
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-4 179,792.71 6.500000% 06050HFW3 41.286549 5.194012 917.607913
1-A-5 29,270,995.04 7.000000% 06050HFX1 235.649759 4.620166 556.378680
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 6,107,000.00 7.000000% 06050HGA0 235.637401 4.619915 556.348074
1-A-9 3,748,000.00 7.000000% 06050HGB8 0.000000 5.833333 1,000.000000
1-A-10 37,237,202.09 2.260000% 06050HGC6 4.390342 1.858901 982.636492
1-A-11 37,237,202.09 6.240000% 06050HGD4 0.000000 5.132540 982.636492
1-A-12 4,866,517.60 0.000000% 06050HGE2 145.077412 0.000000 726.885216
1-A-13 38,159,424.05 6.500000% 06050HGF9 1.881160 5.393546 993.850491
Residual 1-A-R 0.00 6.500000% 06050HGG7 0.000000 37.055323 0.000000
1-A-LR 0.00 6.500000% 06050HGH5 0.000000 0.000000 0.000000
1-A-WIO218,167,614.15 0.286275% 06050HGJ1 0.000000 0.226601 902.027198
2-A-1 19,731,760.53 6.000000% 06050HGK8 3.423823 4.932940 983.164204
2-A-2 59,254,865.63 6.000000% 06050HGL6 138.998181 4.617238 784.449473
2-A-3 14,728,000.00 6.000000% 06050HGM4 0.000000 5.000000 1,000.000000
2-A-WIO 95,100,049.40 0.397772% 06050HGN2 0.000000 0.315235 861.078676
1-A-PO 762,072.03 0.000000% 06050HGP7 1.866728 0.000000 977.332144
- ------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 3,740,239.43 6.500000% 06050HGQ5 0.870806 5.398249 995.729094
1-B-2 1,794,876.42 6.500000% 06050HGR3 0.870806 5.398249 995.729094
1-B-3 1,047,426.50 6.500000% 06050HGS1 0.870806 5.398249 995.729094
1-B-4 597,959.94 6.500000% 06050HGY8 0.870806 5.398249 995.729094
1-B-5 449,466.56 6.500000% 06050HGZ5 0.870806 5.398249 995.729094
1-B-6 598,603.39 6.500000% 06050HHA9 0.870806 5.398249 995.729094
2-B-1 692,584.79 6.000000% 06050HGT9 3.423823 4.932940 983.164204
2-B-2 246,647.01 6.000000% 06050HGU6 3.423823 4.932940 983.164204
2-B-3 148,974.80 6.000000% 06050HGV4 3.423823 4.932940 983.164230
2-B-4 98,658.80 6.000000% 06050HHB7 3.423823 4.932940 983.164195
2-B-5 98,658.81 6.000000% 06050HHC5 3.423823 4.932941 983.164294
2-B-6 99,899.09 6.000000% 06050HHD3 3.423329 4.932943 983.165186
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 383,325,224.12 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2002-4
Bank of America, NA, Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 276,194,013.77 86,107,668.73 362,301,682.50
Loan count 568 170 738
Avg loan rate 6.953505% 6.651772% 6.88
Prepay amount 11,779,517.59 8,662,348.54 20,441,866.13
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 34,848.06 3,424.32 38,272.38
Sub servicer fees 0.00 0.00 0.00
Trustee fees 960.75 317.00 1,277.75
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 97.495000% 100.000000% 373,711,228.58
-----------------------------------------------------------------------------
Junior 2.505000% 0.000000% 9,601,997.72
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 9 4,528,138.95
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 9 4,528,138.95
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 23,139,941.34 23,139,941.34
Principal remittance amount 21,023,777.50 21,023,777.50
Interest remittance amount 2,116,163.84 2,116,163.84