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): December 25, 2002
BOA
(Depositor)
(Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000-7 Trust)
(Exact name of registrant as specified in charter)
North Carolina 333-80941-07 13-4154244/Man
(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 2000-7 Trust
On December 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2000-7 Trust, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of November 1, 2000, among BOA as Depositor, BANK
OF AMERICA MORTGAGE SECURITIES, 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 2000-7 Trust relating to the distribution date of
December 25, 2002 prepared by The Bank of New York, as
Trustee under the Pooling and Servicing Agreement dated as
of November 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: December 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 December 25, 2002
Payment Date: 12/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000-7 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 7.125000% 0.00 0.00 0.00 0.00 0.00
A2 1,745,535.04 7.125000% 1,745,535.04 10,165.14 1,755,700.18 0.00 198.97
A3 11,000,000.00 7.125000% 1,453,132.06 64,058.60 1,517,190.66 0.00 1,253.90
A4 25,876,272.47 7.125000% 6,494,006.04 150,690.72 6,644,696.75 0.00 2,949.65
A5 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A6 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A7 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A8 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A9 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A10 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A11 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A12 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A13 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A14 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A15 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A16 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A17 0.00 8.000000% 0.00 0.00 0.00 0.00 0.00
A18 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A19 7,510,193.05 9.826314% 43,735.68 16,581.59 60,317.27 0.00 1,180.66
A20 0.00 7.750000% 0.00 0.00 0.00 0.00 0.00
A21 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00
A22 1,434,481.91 7.750000% 0.00 9,086.50 9,086.50 0.00 177.86
A23 4,115,392.48 7.125000% 23,966.03 0.00 23,966.03 0.00 469.12
A24 89,845.83 7.750000% 17,331.14 569.11 17,900.25 0.00 11.14
A25 0.00 7.125000% 0.00 0.00 0.00 0.00 0.00
APO 512,554.20 0.000000% 56,147.97 0.00 56,147.97 0.00 0.00
Residual AR 0.00 7.750000% 0.00 0.00 0.00 0.00 0.00
ALR 0.00 7.750000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,673,579.75 7.750000% 10,443.78 80,278.81 90,722.59 0.00 1,571.39
B2 4,421,655.87 7.750000% 3,643.71 28,008.29 31,651.99 0.00 548.24
B3 2,653,386.47 7.750000% 2,186.55 16,807.46 18,994.01 0.00 328.99
B4 1,474,540.21 7.750000% 1,215.11 9,340.24 10,555.35 0.00 182.83
B5 1,179,828.64 7.750000% 972.25 7,473.44 8,445.69 0.00 146.29
B6 1,178,993.24 7.750000% 971.56 7,468.15 8,439.71 0.00 146.18
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 74,431,777.26 - 9,853,286.90 400,528.06 10,253,814.95 - 9,165.22
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 0.00 0.00
A2 0.00 198.97
A3 9,546,867.94 1,253.90
A4 19,382,266.44 2,949.65
A5 0.00 0.00
A6 0.00 0.00
A7 0.00 0.00
A8 0.00 0.00
A9 0.00 0.00
A10 0.00 0.00
A11 0.00 0.00
A12 0.00 0.00
A13 0.00 0.00
A14 0.00 0.00
A15 0.00 0.00
A16 0.00 0.00
A17 0.00 0.00
A18 0.00 0.00
A19 7,510,193.05 1,180.66
A20 0.00 0.00
A21 0.00 0.00
A22 1,157,771.75 177.86
A23 4,115,392.48 469.12
A24 72,514.69 11.14
A25 0.00 0.00
APO 456,406.23 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 12,663,135.97 1,571.39
B2 4,418,012.17 548.24
B3 2,651,199.93 328.99
B4 1,473,325.10 182.83
B5 1,178,856.39 146.29
B6 1,178,021.68 146.18
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 64,646,192.07 9,165.22
- --------------------------------------------------------------------------------
Payment Date: 12/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000-7 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 7.125000% 060506QC9 0.000000 0.000000 0.000000
A2 1,745,535.04 7.125000% 060506QD7 79.487024 0.462893 0.000000
A3 11,000,000.00 7.125000% 060506QE5 132.102914 5.823510 867.897086
A4 25,876,272.47 7.125000% 060506QF2 57.465520 1.333464 171.513857
A5 0.00 8.000000% 060506QG0 0.000000 0.000000 0.000000
A6 0.00 8.000000% 060506QH8 0.000000 0.000000 0.000000
A7 0.00 8.000000% 060506QJ4 0.000000 0.000000 0.000000
A8 0.00 8.000000% 060506QK1 0.000000 0.000000 0.000000
A9 0.00 7.500000% 060506QL9 0.000000 0.000000 0.000000
A10 0.00 7.500000% 060506QM7 0.000000 0.000000 0.000000
A11 0.00 7.500000% 060506QN5 0.000000 0.000000 0.000000
A12 0.00 7.500000% 060506QP0 0.000000 0.000000 0.000000
A13 0.00 7.500000% 060506QQ8 0.000000 0.000000 0.000000
A14 0.00 7.500000% 060506QR6 0.000000 0.000000 0.000000
A15 0.00 7.500000% 060506QS4 0.000000 0.000000 0.000000
A16 0.00 8.000000% 060506QT2 0.000000 0.000000 0.000000
A17 0.00 8.000000% 060506QU9 0.000000 0.000000 0.000000
A18 0.00 7.500000% 060506QV7 0.000000 0.000000 0.000000
A19 7,510,193.05 9.826314% 060506QW5 0.705445 0.267457 121.137519
A20 0.00 7.750000% 060506QX3 0.000000 0.000000 0.000000
A21 0.00 7.500000% 060506QY1 0.000000 0.000000 0.000000
A22 1,434,481.91 7.750000% 060506QZ8 0.000000 1.092248 139.170564
A23 4,115,392.48 7.125000% 060506RA2 6.289058 0.000000 1,079.942920
A24 89,845.83 7.750000% 060506RB0 16.908427 0.555234 70.746041
A25 0.00 7.125000% 060506RC8 0.000000 0.000000 0.000000
APO 512,554.20 0.000000% 060506RD6 32.132979 0.000000 261.197200
Residual AR 0.00 7.750000% 060506RE4 0.000000 0.000000 0.000000
ALR 0.00 7.750000% 060506RF1 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,673,579.75 7.750000% 060506RG9 0.809533 6.222681 981.562357
B2 4,421,655.87 7.750000% 060506RH7 0.809533 6.222681 981.562357
B3 2,653,386.47 7.750000% 060506RJ3 0.809533 6.222681 981.562357
B4 1,474,540.21 7.750000% 060506RP9 0.809533 6.222681 981.562357
B5 1,179,828.64 7.750000% 060506RQ7 0.809533 6.222681 981.562357
B6 1,178,993.24 7.750000% 060506RR5 0.809533 6.222682 981.562424
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 74,431,777.26 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000-7 Trust
Bank of America, N.A., Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 64,646,193.20 64,646,193.20
Loan count 181 181
Avg loan rate 8.193488% 8.19
Prepay amount 9,724,222.98 9,724,222.98
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 5,929.33 5,929.33
Sub servicer fees 0.00 0.00
Trustee fees 217.09 217.09
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 100,000.00 100,000.00
Fraud 0.00 0.00
Special Hazard 1,611,049.86 1,611,049.86
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 68.335158% 100.000000% 50,849,793.07
-----------------------------------------------------------------------------
Junior 31.664842% 0.000000% 23,562,551.23
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 9 2,742,816.83
60 to 89 days 2 680,407.81
90 or more 1 265,163.53
Foreclosure 2 613,638.22
Totals: 14 4,302,026.39
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 10,253,814.95 10,253,814.95
Principal remittance amount 9,853,286.90 9,853,286.90
Interest remittance amount 400,528.06 400,528.06