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 2002-i)
(Exact name of registrant as specified in charter)
North Carolina 333-97547-01 95-4449516
(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 2002-i
On December 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2002-i, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of August 1, 2002, 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 2002-i 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 August 1,
2002.
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, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-i
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 A1A 36,068,464.25 2.224000% 18,333,482.44 66,846.89 18,400,329.32 0.00 0.00
A1B 42,226,165.16 4.640000% 21,463,421.67 163,274.51 21,626,696.18 0.00 0.00
A2A 35,000,000.00 3.958000% 0.00 115,441.67 115,441.67 0.00 0.00
A2B 84,933,000.00 3.958000% 0.00 280,137.35 280,137.35 0.00 0.00
A3A 52,000,000.00 4.310000% 0.00 186,766.67 186,766.67 0.00 0.00
A3B 30,182,000.00 4.310000% 0.00 108,403.68 108,403.68 0.00 0.00
A4 74,167,000.00 4.735000% 0.00 292,650.62 292,650.62 0.00 0.00
A5 47,215,000.00 4.735000% 0.00 186,302.52 186,302.52 0.00 0.00
A6 201,411,000.00 4.735000% 0.00 794,734.24 794,734.24 0.00 0.00
A7 3,195,000.00 4.310000% 0.00 11,475.38 11,475.38 0.00 0.00
AIO 47,318,387.63 4.735000% 0.00 186,710.47 186,710.47 0.00 0.00
AP 650,720.78 0.000000% 1,037.53 0.00 1,037.53 0.00 0.00
Residual AR 0.00 4.735000% 0.00 0.03 0.03 0.00 0.00
ALR 0.00 4.735000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 7,183,980.24 4.735000% 7,806.01 28,346.79 36,152.80 0.00 0.00
B2 5,473,461.29 4.735000% 5,947.39 21,597.37 27,544.75 0.00 0.00
B3 2,394,327.81 4.735000% 2,601.64 9,447.62 12,049.26 0.00 0.00
B4 1,026,710.09 4.735000% 1,115.61 4,051.23 5,166.84 0.00 0.00
B5 683,808.86 4.735000% 743.02 2,698.20 3,441.21 0.00 0.00
B6 1,711,010.43 4.735000% 1,859.16 6,751.36 8,610.52 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 625,521,648.91 - 39,818,014.47 2,465,636.57 42,283,651.04 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1A 17,734,981.81 0.00
A1B 20,762,743.49 0.00
A2A 35,000,000.00 0.00
A2B 84,933,000.00 0.00
A3A 52,000,000.00 0.00
A3B 30,182,000.00 0.00
A4 74,167,000.00 0.00
A5 47,215,000.00 0.00
A6 201,411,000.00 0.00
A7 3,195,000.00 0.00
AIO 37,165,399.36 0.00
AP 649,683.25 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 7,176,174.23 0.00
B2 5,467,513.90 0.00
B3 2,391,726.17 0.00
B4 1,025,594.49 0.00
B5 683,065.84 0.00
B6 1,709,151.27 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 585,703,634.44 -
- --------------------------------------------------------------------------------
Payment Date: 12/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-i
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 A1A 36,068,464.25 2.224000% 06050HRQ3 286.178956 1.043455 276.836580
A1B 42,226,165.16 4.640000% 06050HRR1 286.178956 2.176993 276.836580
A2A 35,000,000.00 3.958000% 06050HRS9 0.000000 3.298333 1,000.000000
A2B 84,933,000.00 3.958000% 06050HRT7 0.000000 3.298333 1,000.000000
A3A 52,000,000.00 4.310000% 06050HRU4 0.000000 3.591667 1,000.000000
A3B 30,182,000.00 4.310000% 06050HRV2 0.000000 3.591667 1,000.000000
A4 74,167,000.00 4.735000% 06050HRW0 0.000000 3.945833 1,000.000000
A5 47,215,000.00 4.735000% 06050HRX8 0.000000 3.945833 1,000.000000
A6 201,411,000.00 4.735000% 06050HRY6 0.000000 3.945833 1,000.000000
A7 3,195,000.00 4.310000% 06050HRZ3 0.000000 3.591667 1,000.000000
AIO 47,318,387.63 4.735000% 06050HSA7 0.000000 2.972074 591.602076
AP 650,720.78 0.000000% 06050HSB5 1.586642 0.000000 993.525264
Residual AR 0.00 4.735000% 06050HSC3 0.000000 0.574851 0.000000
ALR 0.00 4.735000% 06050HSD1 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 7,183,980.24 4.735000% 06050HSE9 1.083115 3.933230 995.722801
B2 5,473,461.29 4.735000% 06050HSF6 1.083115 3.933230 995.722801
B3 2,394,327.81 4.735000% 06050HSG4 1.083115 3.933230 995.722801
B4 1,026,710.09 4.735000% 06050HSH2 1.083115 3.933230 995.722801
B5 683,808.86 4.735000% 06050HSJ8 1.083115 3.933230 995.722801
B6 1,711,010.43 4.735000% 06050HSK5 1.083115 3.933230 995.722801
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 625,521,648.91 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-i
Bank of America, N.A., Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 585,703,634.44 585,703,634.44
Loan count 1160 1160
Avg loan rate 5.773954% 5.77
Prepay amount 39,138,182.39 39,138,182.39
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 482,912.52 482,912.52
Sub servicer fees 0.00 0.00
Trustee fees 1,563.80 1,563.80
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 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 97.049851% 100.000000% 607,048,350.19
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Junior 2.950149% 0.000000% 18,453,225.89
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 10 5,648,831.20
60 to 89 days 1 499,502.24
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 11 6,148,333.44
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 42,283,651.04 42,283,651.04
Principal remittance amount 39,818,014.47 39,818,014.47
Interest remittance amount 2,465,636.57 2,465,636.57