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-J)
(Exact name of registrant as specified in charter)
North Carolina 333-97547-03 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-J
On December 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2002-J, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of September 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-J 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 September 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
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BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-J
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 136,298,816.08 2.995000% 2,593,418.08 340,179.13 2,933,597.21 0.00 0.00
A2 337,584,045.98 4.879000% 6,423,361.50 1,372,560.47 7,795,921.97 0.00 0.00
A3 74,248,690.46 4.879000% 1,412,762.79 301,882.80 1,714,645.59 0.00 0.00
A4 2,004,714.64 4.879000% 38,144.60 8,150.84 46,295.43 0.00 0.00
AP 357,150.21 0.000000% 590.70 0.00 590.70 0.00 0.00
Residual AR 0.00 4.412231% 0.00 0.21 0.21 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 7,127,774.76 4.412231% 8,210.02 26,207.82 34,417.84 0.00 0.00
B2 3,135,861.71 4.412231% 3,611.99 11,530.12 15,142.12 0.00 0.00
B3 2,280,808.10 4.412231% 2,627.11 8,386.21 11,013.32 0.00 0.00
B4 855,053.61 4.412231% 984.88 3,143.91 4,128.79 0.00 0.00
B5 856,051.34 4.412231% 986.03 3,147.58 4,133.61 0.00 0.00
B6 1,140,480.56 4.412231% 1,313.64 4,193.39 5,507.03 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 565,889,447.44 - 10,486,011.35 2,079,382.47 12,565,393.82 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 133,705,398.00 0.00
A2 331,160,684.48 0.00
A3 72,835,927.67 0.00
A4 1,966,570.05 0.00
AP 356,559.51 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 7,119,564.74 0.00
B2 3,132,249.72 0.00
B3 2,278,180.99 0.00
B4 854,068.73 0.00
B5 855,065.31 0.00
B6 1,139,166.91 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 555,403,436.09 -
- --------------------------------------------------------------------------------
Payment Date: 12/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-J
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 136,298,816.08 2.995000% 06050HVJ4 18.836837 2.470831 971.145702
A2 337,584,045.98 4.879000% 06050HVK1 18.836837 4.025104 971.145702
A3 74,248,690.46 4.879000% 06050HVL9 18.836837 4.025104 971.145702
A4 2,004,714.64 4.879000% 06050HVM7 18.836837 4.025104 971.145702
AP 357,150.21 0.000000% 06050HVN5 1.648768 0.000000 995.226024
Residual AR 0.00 4.412231% 06050HVP0 0.000000 2.058091 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 7,127,774.76 4.412231% 06050HVQ8 1.149219 3.668508 996.579611
B2 3,135,861.71 4.412231% 06050HVR6 1.149219 3.668508 996.579611
B3 2,280,808.10 4.412231% 06050HVS4 1.149219 3.668508 996.579611
B4 855,053.61 4.412231% 06050HVT2 1.149219 3.668508 996.579611
B5 856,051.34 4.412231% 06050HVU9 1.149219 3.668508 996.579611
B6 1,140,480.56 4.412231% 06050HVV7 1.149219 3.668511 996.580307
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 565,889,447.44 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-J
Bank of America, N.A., Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 555,403,435.29 555,403,435.29
Loan count 1101 1101
Avg loan rate 5.520586% 5.52
Prepay amount 9,834,071.67 9,834,071.67
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 505,094.34 505,094.34
Sub servicer fees 0.00 0.00
Trustee fees 1,414.72 1,414.72
Agg advances N/A N/A
Adv this period 0.00 0.00
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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 97.282371% 100.000000% 550,493,417.38
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Junior 2.717629% 0.000000% 15,378,296.39
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 10 5,572,905.71
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 10 5,572,905.71
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- --------------------------------------------------------------------------------
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 12,565,393.82 12,565,393.82
Principal remittance amount 10,486,011.35 10,486,011.35
Interest remittance amount 2,079,382.47 2,079,382.47