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 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 October 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 October
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: 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 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 166,418,979.29 6.750000% 26,705,097.57 920,375.96 27,625,473.52 0.00 15,730.80
A2 53,304,750.10 6.750000% 7,125,107.21 294,800.57 7,419,907.78 0.00 5,038.65
A3 70,000,000.00 6.750000% 0.00 387,133.23 387,133.23 0.00 6,616.77
A4 8,331,000.00 6.750000% 0.00 46,074.38 46,074.38 0.00 787.49
A5 13,549,312.75 6.750000% 0.00 0.00 0.00 0.00 1,280.75
A6 8,976,687.25 6.750000% 74,934.13 49,645.34 124,579.47 0.00 848.52
A7 23,189,289.46 6.000000% 1,547,710.71 113,998.03 1,661,708.74 0.00 1,948.42
A8 6,820,350.12 2.663750% 6,820,350.12 14,885.34 6,835,235.46 0.00 254.42
A9 1,768,239.00 22.511250% 1,768,239.00 32,613.64 1,800,852.63 0.00 557.42
A10 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A11 2,140,000.00 6.750000% 0.00 11,835.22 11,835.22 0.00 202.28
A12 1,450,000.00 6.750000% 0.00 8,019.19 8,019.19 0.00 137.06
A13 2,213,000.00 6.750000% 0.00 12,238.94 12,238.94 0.00 209.18
A14 9,474,000.00 6.750000% 0.00 52,395.72 52,395.72 0.00 895.53
A15 28,548,714.54 5.750000% 3,586,788.62 134,497.14 3,721,285.76 0.00 2,298.79
A16 10,190,000.00 6.500000% 0.00 54,268.30 54,268.30 0.00 927.54
A17 15,002,000.00 6.750000% 0.00 82,968.18 82,968.18 0.00 1,418.07
A18 7,183,434.32 6.750000% 0.00 39,727.80 39,727.80 0.00 679.02
A19 72,000,000.00 6.750000% 0.00 398,194.18 398,194.18 0.00 6,805.82
Residual AR 0.00 6.750000% 0.00 0.28 0.28 0.00 0.00
ALR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
2A1 187,976,391.45 6.500000% 20,651,612.18 1,018,205.45 21,669,817.63 0.00 0.00
3A1 72,469,665.39 6.750000% 8,829,524.50 407,641.87 9,237,166.37 0.00 0.00
3A2 9,442,116.48 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 3,067,541.28 0.000000% 70,564.29 0.00 70,564.29 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,119,556.83 6.750000% 10,986.87 67,026.90 78,013.77 0.00 1,145.60
B2 5,347,270.22 6.750000% 4,847.52 29,572.94 34,420.46 0.00 505.45
B3 2,852,009.21 6.750000% 2,585.46 15,772.96 18,358.43 0.00 269.59
B4 1,782,752.81 6.750000% 1,616.14 9,859.47 11,475.61 0.00 168.52
B5 1,426,004.61 6.750000% 1,292.73 7,886.48 9,179.21 0.00 134.79
B6 1,425,989.84 6.750000% 1,292.72 7,886.40 9,179.12 97,816.29 134.79
2B1 1,881,686.32 6.500000% 7,163.23 10,192.47 17,355.70 0.00 0.00
2B2 1,013,215.71 6.500000% 3,857.12 5,488.25 9,345.38 0.00 0.00
2B3 578,980.41 6.500000% 2,204.07 3,136.14 5,340.21 0.00 0.00
2B4 289,490.20 6.500000% 1,102.04 1,568.07 2,670.11 0.00 0.00
2B5 289,490.20 6.500000% 1,102.04 1,568.07 2,670.11 0.00 0.00
2B6 290,163.40 6.500000% 1,104.55 1,571.72 2,676.27 0.00 0.00
3B1 2,808,478.62 6.750000% 2,548.52 15,797.69 18,346.21 0.00 0.00
3B2 792,540.41 6.750000% 719.18 4,458.04 5,177.22 0.00 0.00
3B3 432,833.79 6.750000% 392.77 2,434.69 2,827.46 0.00 0.00
3B4 432,833.79 6.750000% 392.77 2,434.69 2,827.46 0.00 0.00
3B5 288,555.86 6.750000% 261.85 1,623.13 1,884.97 0.00 0.00
3B6 288,800.93 6.750000% 262.07 1,624.51 1,886.57 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 815,172,690.30 - 77,223,659.96 4,350,983.88 81,574,643.84 97,816.29 48,995.28
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 139,713,881.72 15,730.80
A2 46,179,642.90 5,038.65
A3 70,000,000.00 6,616.77
A4 8,331,000.00 787.49
A5 13,624,246.89 1,280.75
A6 8,901,753.11 848.52
A7 21,641,578.75 1,948.42
A8 0.00 254.42
A9 0.00 557.42
A10 0.00 0.00
A11 2,140,000.00 202.28
A12 1,450,000.00 137.06
A13 2,213,000.00 209.18
A14 9,474,000.00 895.53
A15 24,961,925.92 2,298.79
A16 10,190,000.00 927.54
A17 15,002,000.00 1,418.07
A18 6,480,090.37 679.02
A19 72,000,000.00 6,805.82
Residual AR 0.00 0.00
ALR 0.00 0.00
2A1 167,324,779.28 0.00
3A1 63,640,140.89 0.00
3A2 9,495,228.39 0.00
3A3 14,500,000.00 0.00
APO 2,996,976.99 0.00
- --------------------------------------------------------------------------------
Subordinate B1 12,108,569.96 1,145.60
B2 5,342,422.71 505.45
B3 2,849,423.75 269.59
B4 1,781,136.68 168.52
B5 1,424,711.88 134.79
B6 1,326,880.84 134.79
2B1 1,874,523.09 0.00
2B2 1,009,358.59 0.00
2B3 576,776.34 0.00
2B4 288,388.17 0.00
2B5 288,388.17 0.00
2B6 289,058.85 0.00
3B1 2,805,930.10 0.00
3B2 791,821.23 0.00
3B3 432,441.02 0.00
3B4 432,441.02 0.00
3B5 288,294.01 0.00
3B6 288,538.86 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 737,979,260.09 48,995.28
- --------------------------------------------------------------------------------
Payment Date: 10/25/02
------------------------------------------------------------
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 166,418,979.29 6.750000% 060506P22 95.771432 3.300708 501.050350
A2 53,304,750.10 6.750000% 060506P30 85.535501 3.539022 554.377466
A3 70,000,000.00 6.750000% 060506P48 0.000000 5.530475 1,000.000000
A4 8,331,000.00 6.750000% 060506P55 0.000000 5.530475 1,000.000000
A5 13,549,312.75 6.750000% 060506P63 0.000000 0.000000 1,087.677382
A6 8,976,687.25 6.750000% 060506P71 7.493413 4.964534 890.175311
A7 23,189,289.46 6.000000% 060506P89 61.908428 4.559921 865.663150
A8 6,820,350.12 2.663750% 060506P97 145.774380 0.318151 0.000000
A9 1,768,239.00 22.511250% 060506Q21 145.774380 2.688682 0.000000
A10 0.00 6.750000% 060506Q39 0.000000 0.000000 0.000000
A11 2,140,000.00 6.750000% 060506Q47 0.000000 5.530475 1,000.000000
A12 1,450,000.00 6.750000% 060506Q54 0.000000 5.530475 1,000.000000
A13 2,213,000.00 6.750000% 060506Q62 0.000000 5.530475 1,000.000000
A14 9,474,000.00 6.750000% 060506Q70 0.000000 5.530475 1,000.000000
A15 28,548,714.54 5.750000% 060506Q88 109.536986 4.107410 762.312595
A16 10,190,000.00 6.500000% 060506Q96 0.000000 5.325642 1,000.000000
A17 15,002,000.00 6.750000% 060506R20 0.000000 5.530475 1,000.000000
A18 7,183,434.32 6.750000% 060506R38 0.000000 4.962071 809.374420
A19 72,000,000.00 6.750000% 060506R46 0.000000 5.530475 1,000.000000
Residual AR 0.00 6.750000% 060506R53 0.000000 5.565051 0.000000
ALR 0.00 6.750000% 060506R61 0.000000 0.000000 0.000000
2A1 187,976,391.45 6.500000% 060506R79 69.110542 3.407421 559.951741
3A1 72,469,665.39 6.750000% 060506R87 75.421542 3.482065 543.612236
3A2 9,442,116.48 6.750000% 060506R95 0.000000 0.000000 1,087.779629
3A3 14,500,000.00 6.750000% 060506S29 0.000000 5.625000 1,000.000000
APO 3,067,541.28 0.000000% 060506S37 20.920355 0.000000 888.520564
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,119,556.83 6.750000% 060506S45 0.895863 5.465338 987.326318
B2 5,347,270.22 6.750000% 060506S52 0.895863 5.465338 987.326318
B3 2,852,009.21 6.750000% 060506S60 0.895863 5.465338 987.326318
B4 1,782,752.81 6.750000% 060506T51 0.895863 5.465338 987.326318
B5 1,426,004.61 6.750000% 060506T69 0.895863 5.465338 987.326318
B6 1,425,989.84 6.750000% 060506T77 0.895863 5.465338 919.538859
2B1 1,881,686.32 6.500000% 060506S78 3.625116 5.158131 948.645288
2B2 1,013,215.71 6.500000% 060506S86 3.625116 5.158131 948.645288
2B3 578,980.41 6.500000% 060506S94 3.625116 5.158131 948.645288
2B4 289,490.20 6.500000% 060506T85 3.625116 5.158131 948.645288
2B5 289,490.20 6.500000% 060506T93 3.625116 5.158131 948.645288
2B6 290,163.40 6.500000% 060506U26 3.624956 5.158137 948.646499
3B1 2,808,478.62 6.750000% 060506T28 0.896736 5.558653 987.308268
3B2 792,540.41 6.750000% 060506T36 0.896736 5.558653 987.308268
3B3 432,833.79 6.750000% 060506T44 0.896736 5.558653 987.308268
3B4 432,833.79 6.750000% 060506U34 0.896736 5.558653 987.308268
3B5 288,555.86 6.750000% 060506U42 0.896736 5.558653 987.308268
3B6 288,800.93 6.750000% 060506U59 0.896736 5.558655 987.308613
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 815,172,690.30 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8
Bank of America, NA, Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Prin balance 472,890,805.61 172,093,068.48 92,995,385.86
Loan count 1172 410 227
Avg loan rate 7.199058% 6.926069% 7.214788%
Prepay amount 46,646,141.03 19,936,656.33 8,694,606.56
Total
-----
Prin balance 737,979,259.95
Loan count 1809
Avg loan rate 7.14
Prepay amount 75,277,403.92
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Master serv fees 49,419.16 34,387.78 21,928.69
Sub servicer fees 0.00 0.00 0.00
Trustee fees 867.71 321.27 169.64
Agg advances N/A N/A N/A
Adv this period 0.00 0.00 0.00
Total
-----
Master serv fees 105,735.62
Sub servicer fees 0.00
Trustee fees 1,358.62
Agg advances N/A
Adv this period 0.00
- --------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
- --------------------------------------------------------------------------------
Realized losses 97,816.29 0.00 0.00
Cumulative losses 97,816.29 0.00 0.00
Total
-----
Realized losses 97,816.29
Cumulative losses 97,816.29
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 95.803951% 100.000000% 780,832,037.12
-----------------------------------------------------------------------------
Junior 4.196049% 0.000000% 34,199,105.26
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 20 8,019,118.35
60 to 89 days 5 1,937,683.17
90 or more 0 0.00
Foreclosure 1 423,145.00
Totals: 26 10,379,946.52
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 81,574,643.84 81,574,643.84
Principal remittance amount 77,223,659.96 77,223,659.96
Interest remittance amount 4,350,983.88 4,350,983.88