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 1999-9)
(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., 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 1999-9
On October 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 1999-9, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of August 1, 1999, 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 1999-9 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 August 1,
1999.
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 1999-9
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 7.000000% 0.00 0.00 0.00 0.00 0.00
A2 1,806,927.13 7.000000% 1,806,927.13 10,540.41 1,817,467.53 0.00 0.00
A3 7,199,317.45 7.000000% 7,199,317.45 41,996.02 7,241,313.47 0.00 0.00
A4 18,421,421.24 7.000000% 6,368,591.79 107,458.29 6,476,050.08 0.00 0.00
A5 38,955,723.24 7.000000% 7,718,405.10 227,241.72 7,945,646.82 0.00 0.00
A6 24,802,353.07 7.000000% 0.00 0.00 0.00 0.00 0.00
A7 14,647,000.00 7.000000% 0.00 85,440.83 85,440.83 0.00 0.00
A8 40,000,000.00 7.000000% 0.00 233,333.33 233,333.33 0.00 0.00
A9 39,000,000.00 7.000000% 0.00 227,500.00 227,500.00 0.00 0.00
A10 1,000,000.00 7.000000% 0.00 5,833.33 5,833.33 0.00 0.00
APO 3,281,862.60 0.000000% 230,833.67 0.00 230,833.67 0.00 0.00
Residual AR 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 10,246,425.80 7.000000% 11,322.20 59,770.82 71,093.02 0.00 0.00
B2 2,900,369.18 7.000000% 3,204.88 16,918.82 20,123.70 0.00 0.00
B3 1,547,249.89 7.000000% 1,709.70 9,025.62 10,735.32 0.00 0.00
B4 1,160,920.33 7.000000% 1,282.81 6,772.04 8,054.84 0.00 0.00
B5 773,624.95 7.000000% 854.85 4,512.81 5,367.66 0.00 0.00
B6 774,003.64 7.000000% 855.27 4,515.02 5,370.29 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 206,517,198.51 - 23,343,304.83 1,040,859.07 24,384,163.90 - -
- ----------------------------------------------------------------------------------------------------------------------------------
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 12,052,829.45 0.00
A5 31,237,318.13 0.00
A6 24,947,033.46 0.00
A7 14,647,000.00 0.00
A8 40,000,000.00 0.00
A9 39,000,000.00 0.00
A10 1,000,000.00 0.00
APO 3,051,028.93 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 10,235,103.60 0.00
B2 2,897,164.30 0.00
B3 1,545,540.20 0.00
B4 1,159,637.53 0.00
B5 772,770.10 0.00
B6 773,148.37 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 183,318,574.07 -
- --------------------------------------------------------------------------------
Payment Date: 10/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-9
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 7.000000% 060506HP0 0.000000 0.000000 0.000000
A2 1,806,927.13 7.000000% 060506HQ8 36.138543 0.210808 0.000000
A3 7,199,317.45 7.000000% 060506HR6 55.438642 0.323392 0.000000
A4 18,421,421.24 7.000000% 060506HS4 270.681392 4.567251 512.275988
A5 38,955,723.24 7.000000% 060506HT2 196.232301 5.777381 794.175835
A6 24,802,353.07 7.000000% 060506HU9 0.000000 0.000000 1,247.351673
A7 14,647,000.00 7.000000% 060506HV7 0.000000 5.833333 1,000.000000
A8 40,000,000.00 7.000000% 060506HW5 0.000000 5.833333 1,000.000000
A9 39,000,000.00 7.000000% 060506HX3 0.000000 5.833333 1,000.000000
A10 1,000,000.00 7.000000% 060506HY1 0.000000 5.833333 1,000.000000
APO 3,281,862.60 0.000000% 060506HZ8 46.644953 0.000000 616.526614
Residual AR 0.00 7.000000% 060506JA1 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 10,246,425.80 7.000000% 060506JB9 1.067226 5.633973 964.756678
B2 2,900,369.18 7.000000% 060506JC7 1.067226 5.633973 964.756678
B3 1,547,249.89 7.000000% 060506JR4 1.067226 5.633973 964.756678
B4 1,160,920.33 7.000000% 060506JD5 1.067226 5.633973 964.756678
B5 773,624.95 7.000000% 060506JE3 1.067226 5.633973 964.756678
B6 774,003.64 7.000000% 060506JF0 1.067226 5.633973 964.756678
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 206,517,198.51 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-9
Bank of America, N.A., Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 183,318,562.59 183,318,562.59
Loan count 563 563
Avg loan rate 7.220106% 7.22
Prepay amount 22,970,298.88 22,970,298.88
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 14,792.28 14,792.28
Sub servicer fees 0.00 0.00
Trustee fees 688.39 688.39
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 0.00 0.00
Fraud 4,003,362.30 4,003,362.30
Special Hazard 2,065,171.87 2,065,171.87
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 91.581823% 100.000000% 189,114,604.71
-----------------------------------------------------------------------------
Junior 8.418177% 0.000000% 17,383,364.10
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 5 1,881,649.67
60 to 89 days 0 0.00
90 or more 3 1,189,699.61
Foreclosure 1 295,002.77
Totals: 9 3,366,352.05
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 24,384,163.90 24,384,163.90
Principal remittance amount 23,343,304.83 23,343,304.83
Interest remittance amount 1,040,859.07 1,040,859.07