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 2001-3 Trust)
(Exact name of registrant as specified in charter)
North Carolina 333-56234-01 13-4162857
(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 2001-3 Trust
On November 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2001-3 Trust, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of March 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 2001-3 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 March 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 2001-3 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 10,425,758.73 7.000000% 10,425,758.73 60,002.17 10,485,760.90 0.00 814.76
A2 115,038.49 7.000000% 18,204.46 662.07 18,866.53 0.00 8.99
A3 13,414,593.12 7.000000% 5,208,253.66 0.00 5,208,253.66 0.00 1,048.33
A4 29,467,000.00 7.000000% 0.00 169,588.03 169,588.03 0.00 2,302.80
A5 45,000,000.00 7.000000% 0.00 258,983.32 258,983.32 0.00 3,516.68
APO 118,609.73 0.000000% 1,646.42 0.00 1,646.42 0.00 0.00
Residual AR 0.00 7.000000% 0.00 0.02 0.02 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 9,538,041.79 7.000000% 8,386.49 54,893.19 63,279.69 0.00 745.38
B2 3,327,475.94 7.000000% 2,925.74 19,150.24 22,075.98 0.00 260.04
B3 1,996,288.50 7.000000% 1,755.27 11,489.01 13,244.28 0.00 156.01
B4 1,109,487.09 7.000000% 975.54 6,385.30 7,360.84 0.00 86.70
B5 887,786.74 7.000000% 780.60 5,109.38 5,889.98 0.00 69.38
B6 781,297.69 7.000000% 686.97 4,496.51 5,183.48 0.00 61.06
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 116,181,377.84 - 15,669,373.88 590,759.24 16,260,133.12 - 9,070.14
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 0.00 814.76
A2 96,834.03 8.99
A3 8,283,542.93 1,048.33
A4 29,467,000.00 2,302.80
A5 45,000,000.00 3,516.68
APO 116,963.31 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 9,529,655.30 745.38
B2 3,324,550.20 260.04
B3 1,994,533.23 156.01
B4 1,108,511.56 86.70
B5 887,006.14 69.38
B6 780,610.72 61.06
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 100,589,207.42 9,070.14
- --------------------------------------------------------------------------------
Payment Date: 11/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-3 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 10,425,758.73 7.000000% 06423JAA2 30.213460 0.173884 0.000000
A2 115,038.49 7.000000% 06423JAB0 36.048433 1.311025 191.750561
A3 13,414,593.12 7.000000% 06423JAC8 433.443214 0.000000 689.376076
A4 29,467,000.00 7.000000% 06423JAD6 0.000000 5.755185 1,000.000000
A5 45,000,000.00 7.000000% 06423JAE4 0.000000 5.755185 1,000.000000
APO 118,609.73 0.000000% 06423JAF1 12.165190 0.000000 864.229141
Residual AR 0.00 7.000000% 06423JAG9 0.000000 0.204039 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 9,538,041.79 7.000000% 06423JAH7 0.866373 5.670784 984.468523
B2 3,327,475.94 7.000000% 06423JAJ3 0.866373 5.670784 984.468523
B3 1,996,288.50 7.000000% 06423JAK0 0.866373 5.670784 984.468523
B4 1,109,487.09 7.000000% 06423JAL8 0.866373 5.670784 984.468523
B5 887,786.74 7.000000% 06423JAM6 0.866373 5.670784 984.468523
B6 781,297.69 7.000000% 06423JAN4 0.762654 4.991896 866.611109
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 116,181,377.84 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-3 Trust
Bank of America, N.A., Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 100,589,206.70 100,589,206.70
Loan count 255 255
Avg loan rate 7.797611% 7.80
Prepay amount 15,489,992.18 15,489,992.18
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 44,252.99 44,252.99
Sub servicer fees 0.00 0.00
Trustee fees 387.27 387.27
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 106,255.63 106,255.63
Coverage Amounts Total
- ---------------- -----
Bankruptcy 0.00 0.00
Fraud 0.00 0.00
Special Hazard 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 84.827844% 100.000000% 98,541,000.08
-----------------------------------------------------------------------------
Junior 15.172156% 0.000000% 17,624,867.14
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 8 2,655,349.91
60 to 89 days 1 383,118.17
90 or more 2 748,588.58
Foreclosure 2 686,575.48
Totals: 13 4,473,632.14
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 16,260,133.12 16,260,133.12
Principal remittance amount 15,669,373.88 15,669,373.88
Interest remittance amount 590,759.24 590,759.24