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): October 25, 2002
BOA
(Depositor)
(Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000--3)
(Exact name of registrant as specified in charter)
North Carolina 33-63714 13-4078651
(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 2000--3
On October 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2000--3, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of May 1, 2000, 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 2000--3 relating to the distribution date of October
25, 2002 prepared by The Bank of New York, as Trustee under
the Pooling and Servicing Agreement dated as of May 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: October 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 October 25, 2002
Payment Date: 10/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000--3
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 7.750000% 0.00 0.00 0.00 0.00 0.00
A2 0.00 7.750000% 0.00 0.00 0.00 0.00 0.00
A3 0.00 7.750000% 0.00 0.00 0.00 0.00 0.00
A4 1,771,242.72 7.750000% 1,771,242.72 10,980.86 1,782,223.58 0.00 458.42
A5 0.00 7.750000% 0.00 0.00 0.00 0.00 0.00
A6 20,000,000.00 7.750000% 2,602,199.85 123,990.42 2,726,190.27 0.00 5,176.25
APO 294,827.93 0.000000% 47,628.06 0.00 47,628.06 0.00 0.00
Residual AR 0.00 7.750000% 0.00 0.01 0.01 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 4,208,941.47 7.750000% 3,803.58 26,093.42 29,897.00 0.00 1,089.33
B2 1,468,235.39 7.750000% 1,326.83 9,102.36 10,429.19 0.00 380.00
B3 880,941.24 7.750000% 796.10 5,461.41 6,257.51 0.00 228.00
B4 489,411.80 7.750000% 442.28 3,034.12 3,476.40 0.00 126.67
B5 391,529.44 7.750000% 353.82 2,427.29 2,781.12 0.00 101.33
B6 123,536.90 7.750000% 111.64 765.87 877.51 0.00 31.97
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 29,628,666.89 - 4,427,904.88 181,855.76 4,609,760.64 - 7,591.96
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 0.00 0.00
A2 0.00 0.00
A3 0.00 0.00
A4 0.00 458.42
A5 0.00 0.00
A6 17,397,800.15 5,176.25
APO 247,199.87 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 4,205,137.88 1,089.33
B2 1,466,908.56 380.00
B3 880,145.14 228.00
B4 488,969.52 126.67
B5 391,175.62 101.33
B6 123,425.26 31.97
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 25,200,762.01 7,591.96
- --------------------------------------------------------------------------------
Payment Date: 10/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000--3
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 7.750000% 060506MT6 0.000000 0.000000 0.000000
A2 0.00 7.750000% 060506MU3 0.000000 0.000000 0.000000
A3 0.00 7.750000% 060506MV1 0.000000 0.000000 0.000000
A4 1,771,242.72 7.750000% 060506MW9 93.223301 0.577940 0.000000
A5 0.00 7.750000% 060506MX7 0.000000 0.000000 0.000000
A6 20,000,000.00 7.750000% 060506MY5 130.109992 6.199521 869.890008
APO 294,827.93 0.000000% 060506MZ2 80.411660 0.000000 417.353780
Residual AR 0.00 7.750000% 060506NA6 0.000000 0.113396 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 4,208,941.47 7.750000% 060506NB4 0.884554 6.068237 977.939043
B2 1,468,235.39 7.750000% 060506NC2 0.884554 6.068237 977.939043
B3 880,941.24 7.750000% 060506ND0 0.884554 6.068237 977.939043
B4 489,411.80 7.750000% 060506NE8 0.884554 6.068237 977.939043
B5 391,529.44 7.750000% 060506NF5 0.884554 6.068237 977.939043
B6 123,536.90 7.750000% 060506NG3 0.278639 1.911524 308.055450
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 29,628,666.89 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000--3
Bank of America, N.A., Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 25,200,761.73 25,200,761.73
Loan count 74 74
Avg loan rate 8.275940% 8.28
Prepay amount 4,401,100.19 4,401,100.19
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 1,014.15 1,014.15
Sub servicer fees 0.00 0.00
Trustee fees 111.11 111.11
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 267,370.94 267,370.94
Coverage Amounts Total
- ---------------- -----
Bankruptcy 100,000.00 100,000.00
Fraud 2,000,000.62 2,000,000.62
Special Hazard 1,269,700.02 1,269,700.02
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 74.492591% 100.000000% 22,066,070.65
-----------------------------------------------------------------------------
Junior 25.507409% 0.000000% 7,555,761.98
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 4 1,798,664.89
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 1 393,088.47
Totals: 5 2,191,753.36
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 4,609,760.64 4,609,760.64
Principal remittance amount 4,427,904.88 4,427,904.88
Interest remittance amount 181,855.76 181,855.76