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): November 25, 2002
BOA
(Depositor)
(Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-2 Trust)
(Exact name of registrant as specified in charter)
North Carolina 333-80941-10 13-4186209
(State or other (Commission File No.) (I.R.S. Employer
jurisdiction of Identification No.)
organization)
101 Barclay St. 8W, New York, NY 10286
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code: 212-815-6140
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 2001-2 Trust
On November 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2001-2 Trust, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of February 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 2001-2 Trust relating to the distribution date of
November 25, 2002 prepared by The Bank of New York, as
Trustee under the Pooling and Servicing Agreement dated as
of February 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: November 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 November 25, 2002
Payment Date: 11/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-2 Trust
Bank of America, N.A., 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 55,000,000.00 7.000000% 0.00 315,925.38 315,925.38 0.00 4,907.95
A3 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A4 9,363,000.00 6.750000% 0.00 51,861.20 51,861.20 0.00 805.67
A5 3,203,514.12 7.000000% 3,203,514.12 18,401.30 3,221,915.42 0.00 285.87
A6 3,646,000.00 7.000000% 3,054,133.55 20,942.98 3,075,076.53 0.00 325.35
A7 3,302,000.00 7.250000% 0.00 19,644.40 19,644.40 0.00 305.18
A8 3,302,000.00 6.750000% 0.00 18,289.62 18,289.62 0.00 284.13
A9 2,981,000.00 7.000000% 0.00 17,123.16 17,123.16 0.00 266.01
A10 3,251,000.00 7.000000% 0.00 18,674.06 18,674.06 0.00 290.10
A11 2,335,629.72 7.250000% 2,335,629.72 13,895.23 2,349,524.96 0.00 215.86
A12 2,659,000.00 7.250000% 2,228,385.61 15,819.04 2,244,204.65 0.00 245.75
A13 1,640,000.00 7.250000% 0.00 9,756.76 9,756.76 0.00 151.57
A14 3,176,000.00 7.250000% 0.00 18,894.80 18,894.80 0.00 293.53
A15 2,174,000.00 7.250000% 0.00 12,933.66 12,933.66 0.00 200.93
A16 2,373,000.00 7.250000% 0.00 14,117.56 14,117.56 0.00 219.32
A17 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A18 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A19 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A20 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A21 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A22 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A23 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A24 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A25 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A26 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A27 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A28 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A29 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A30 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A31 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A32 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A33 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A34 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A35 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A36 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A37 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A38 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A39 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A40 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A41 2,335,629.72 6.750000% 2,335,629.72 12,936.94 2,348,566.66 0.00 200.98
A42 2,659,000.00 6.750000% 2,228,385.61 14,728.07 2,243,113.68 0.00 228.80
APO 19,851.59 0.000000% 12,143.29 0.00 12,143.29 0.00 0.00
Residual AR 0.00 7.000000% 0.00 0.09 0.09 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 11,649,745.90 7.000000% 10,836.83 66,917.28 77,754.11 0.00 1,039.57
B2 4,064,070.91 7.000000% 3,780.48 23,344.42 27,124.90 0.00 362.66
B3 2,438,639.45 7.000000% 2,268.47 14,007.78 16,276.26 0.00 217.61
B4 1,354,690.30 7.000000% 1,260.16 7,781.47 9,041.63 0.00 120.89
B5 1,083,949.14 7.000000% 1,008.31 6,226.31 7,234.62 0.00 96.73
B6 1,057,310.53 7.000000% 983.53 6,073.30 7,056.83 0.00 94.35
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 125,069,031.40 - 15,417,959.41 718,294.81 16,136,254.22 - 11,158.82
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 0.00 0.00
A2 55,000,000.00 4,907.95
A3 0.00 0.00
A4 9,363,000.00 805.67
A5 0.00 285.87
A6 591,866.45 325.35
A7 3,302,000.00 305.18
A8 3,302,000.00 284.13
A9 2,981,000.00 266.01
A10 3,251,000.00 290.10
A11 0.00 215.86
A12 430,614.39 245.75
A13 1,640,000.00 151.57
A14 3,176,000.00 293.53
A15 2,174,000.00 200.93
A16 2,373,000.00 219.32
A17 0.00 0.00
A18 0.00 0.00
A19 0.00 0.00
A20 0.00 0.00
A21 0.00 0.00
A22 0.00 0.00
A23 0.00 0.00
A24 0.00 0.00
A25 0.00 0.00
A26 0.00 0.00
A27 0.00 0.00
A28 0.00 0.00
A29 0.00 0.00
A30 0.00 0.00
A31 0.00 0.00
A32 0.00 0.00
A33 0.00 0.00
A34 0.00 0.00
A35 0.00 0.00
A36 0.00 0.00
A37 0.00 0.00
A38 0.00 0.00
A39 0.00 0.00
A40 0.00 0.00
A41 0.00 200.98
A42 430,614.39 228.80
APO 7,708.30 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 11,638,909.06 1,039.57
B2 4,060,290.43 362.66
B3 2,436,370.98 217.61
B4 1,353,430.14 120.89
B5 1,082,940.83 96.73
B6 1,056,327.00 94.35
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 109,651,071.99 11,158.82
- --------------------------------------------------------------------------------
Payment Date: 11/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-2 Trust
Bank of America, N.A., 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% 060506UE0 0.000000 0.000000 0.000000
A2 55,000,000.00 7.000000% 060506UF7 0.000000 5.744098 1,000.000000
A3 0.00 7.000000% 060506UG5 0.000000 0.000000 0.000000
A4 9,363,000.00 6.750000% 060506UH3 0.000000 5.538952 1,000.000000
A5 3,203,514.12 7.000000% 060506UJ9 910.606629 5.230614 0.000000
A6 3,646,000.00 7.000000% 060506UK6 837.666909 5.744098 162.333091
A7 3,302,000.00 7.250000% 060506UL4 0.000000 5.949244 1,000.000000
A8 3,302,000.00 6.750000% 060506UM2 0.000000 5.538952 1,000.000000
A9 2,981,000.00 7.000000% 060506UN0 0.000000 5.744098 1,000.000000
A10 3,251,000.00 7.000000% 060506UP5 0.000000 5.744098 1,000.000000
A11 2,335,629.72 7.250000% 060506UQ3 910.576890 5.417244 0.000000
A12 2,659,000.00 7.250000% 060506UR1 838.054007 5.949244 161.945993
A13 1,640,000.00 7.250000% 060506US9 0.000000 5.949244 1,000.000000
A14 3,176,000.00 7.250000% 060506UT7 0.000000 5.949244 1,000.000000
A15 2,174,000.00 7.250000% 060506UU4 0.000000 5.949244 1,000.000000
A16 2,373,000.00 7.250000% 060506UV2 0.000000 5.949244 1,000.000000
A17 0.00 7.000000% 060506UW0 0.000000 0.000000 0.000000
A18 0.00 7.000000% 060506UX8 0.000000 0.000000 0.000000
A19 0.00 7.000000% 060506UY6 0.000000 0.000000 0.000000
A20 0.00 7.000000% 060506UZ3 0.000000 0.000000 0.000000
A21 0.00 7.000000% 060506VA7 0.000000 0.000000 0.000000
A22 0.00 7.000000% 060506VB5 0.000000 0.000000 0.000000
A23 0.00 7.000000% 060506VC3 0.000000 0.000000 0.000000
A24 0.00 7.000000% 060506VD1 0.000000 0.000000 0.000000
A25 0.00 7.000000% 060506VE9 0.000000 0.000000 0.000000
A26 0.00 7.000000% 060506VF6 0.000000 0.000000 0.000000
A27 0.00 7.000000% 060506VG4 0.000000 0.000000 0.000000
A28 0.00 7.000000% 060506VH2 0.000000 0.000000 0.000000
A29 0.00 7.000000% 060506VJ8 0.000000 0.000000 0.000000
A30 0.00 7.000000% 060506VK5 0.000000 0.000000 0.000000
A31 0.00 7.000000% 060506VL3 0.000000 0.000000 0.000000
A32 0.00 7.000000% 060506VM1 0.000000 0.000000 0.000000
A33 0.00 7.000000% 060506VN9 0.000000 0.000000 0.000000
A34 0.00 7.000000% 060506VP4 0.000000 0.000000 0.000000
A35 0.00 7.000000% 060506VQ2 0.000000 0.000000 0.000000
A36 0.00 7.000000% 060506VR0 0.000000 0.000000 0.000000
A37 0.00 7.000000% 060506VS8 0.000000 0.000000 0.000000
A38 0.00 7.000000% 060506VT6 0.000000 0.000000 0.000000
A39 0.00 7.000000% 060506VU3 0.000000 0.000000 0.000000
A40 0.00 7.000000% 060506VV1 0.000000 0.000000 0.000000
A41 2,335,629.72 6.750000% 060506VW9 910.576890 5.043641 0.000000
A42 2,659,000.00 6.750000% 060506VX7 838.054007 5.538952 161.945993
APO 19,851.59 0.000000% 060506VY5 236.327454 0.000000 150.015628
Residual AR 0.00 7.000000% 060506VZ2 0.000000 0.850093 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 11,649,745.90 7.000000% 060506WA6 0.915814 5.655141 983.597487
B2 4,064,070.91 7.000000% 060506WB4 0.915814 5.655141 983.597487
B3 2,438,639.45 7.000000% 060506WC2 0.915814 5.655141 983.597487
B4 1,354,690.30 7.000000% 060506WD0 0.915814 5.655141 983.597487
B5 1,083,949.14 7.000000% 060506WE8 0.915814 5.655141 983.597487
B6 1,057,310.53 7.000000% 060506WF5 0.893258 5.515858 959.372100
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 125,069,031.40 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-2 Trust
Bank of America, N.A., Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 109,651,071.04 109,651,071.04
Loan count 287 287
Avg loan rate 7.959549% 7.96
Prepay amount 15,301,617.41 15,301,617.41
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 62,544.35 62,544.35
Sub servicer fees 0.00 0.00
Trustee fees 364.78 364.78
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 26,746.87 26,746.87
Coverage Amounts Total
- ---------------- -----
Bankruptcy 100,000.00 100,000.00
Fraud 0.00 0.00
Special Hazard 1,968,783.06 1,968,783.06
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 82.704150% 100.000000% 103,420,625.16
-----------------------------------------------------------------------------
Junior 17.295850% 0.000000% 21,628,268.44
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 7 3,184,785.01
60 to 89 days 1 276,062.33
90 or more 1 311,079.52
Foreclosure 0 0.00
Totals: 9 3,771,926.86
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 16,136,254.22 16,136,254.22
Principal remittance amount 15,417,959.41 15,417,959.41
Interest remittance amount 718,294.81 718,294.81