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 1999-9 Trust)
(Exact name of registrant as specified in charter)
North Carolina 333-67267-09 13-4078650
(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 1999-9 Trust
On December 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 1999-9 Trust, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of August 1, 1999, 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 1999-9 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 August 1, 1999.
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 1999-9 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 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A3 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A4 3,466,960.83 7.000000% 3,466,960.83 20,046.23 3,487,007.06 0.00 177.71
A5 20,770,267.43 7.000000% 12,704,744.37 120,095.26 12,824,839.63 0.00 1,064.64
A6 25,092,557.82 7.000000% 6,922,885.65 0.00 6,922,885.65 0.00 1,286.19
A7 14,647,000.00 7.000000% 0.00 84,690.06 84,690.06 0.00 750.77
A8 40,000,000.00 7.000000% 0.00 231,283.02 231,283.02 0.00 2,050.31
A9 39,000,000.00 7.000000% 0.00 225,500.95 225,500.95 0.00 1,999.05
A10 1,000,000.00 7.000000% 0.00 5,782.08 5,782.08 0.00 51.26
APO 2,832,846.10 0.000000% 346,981.60 0.00 346,981.60 0.00 0.00
Residual AR 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 10,223,636.22 7.000000% 11,550.97 59,113.84 70,664.81 0.00 524.04
B2 2,893,918.33 7.000000% 3,269.64 16,732.85 20,002.49 0.00 148.34
B3 1,543,808.58 7.000000% 1,744.24 8,926.42 10,670.66 0.00 79.13
B4 1,158,338.27 7.000000% 1,308.73 6,697.60 8,006.33 0.00 59.37
B5 771,904.29 7.000000% 872.12 4,463.21 5,335.33 0.00 39.57
B6 772,282.14 7.000000% 872.55 4,465.39 5,337.94 0.00 39.59
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 164,173,520.01 - 23,461,190.70 787,796.91 24,248,987.61 - 8,269.96
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 0.00 0.00
A2 0.00 0.00
A3 0.00 0.00
A4 0.00 177.71
A5 8,065,523.06 1,064.64
A6 18,314,759.24 1,286.19
A7 14,647,000.00 750.77
A8 40,000,000.00 2,050.31
A9 39,000,000.00 1,999.05
A10 1,000,000.00 51.26
APO 2,485,864.50 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 10,212,085.25 524.04
B2 2,890,648.69 148.34
B3 1,542,064.34 79.13
B4 1,157,029.55 59.37
B5 771,032.17 39.57
B6 771,409.59 39.59
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 140,857,416.38 8,269.96
- --------------------------------------------------------------------------------
Payment Date: 12/25/02
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-9 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% 060506HP0 0.000000 0.000000 0.000000
A2 0.00 7.000000% 060506HQ8 0.000000 0.000000 0.000000
A3 0.00 7.000000% 060506HR6 0.000000 0.000000 0.000000
A4 3,466,960.83 7.000000% 060506HS4 147.354676 0.852016 0.000000
A5 20,770,267.43 7.000000% 060506HT2 323.004713 3.053295 205.057409
A6 25,092,557.82 7.000000% 060506HU9 346.144283 0.000000 915.737962
A7 14,647,000.00 7.000000% 060506HV7 0.000000 5.782076 1,000.000000
A8 40,000,000.00 7.000000% 060506HW5 0.000000 5.782076 1,000.000000
A9 39,000,000.00 7.000000% 060506HX3 0.000000 5.782076 1,000.000000
A10 1,000,000.00 7.000000% 060506HY1 0.000000 5.782076 1,000.000000
APO 2,832,846.10 0.000000% 060506HZ8 70.115164 0.000000 502.322874
Residual AR 0.00 7.000000% 060506JA1 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 10,223,636.22 7.000000% 060506JB9 1.088790 5.572046 962.586978
B2 2,893,918.33 7.000000% 060506JC7 1.088790 5.572046 962.586978
B3 1,543,808.58 7.000000% 060506JR4 1.088790 5.572046 962.586978
B4 1,158,338.27 7.000000% 060506JD5 1.088790 5.572046 962.586978
B5 771,904.29 7.000000% 060506JE3 1.088790 5.572046 962.586978
B6 772,282.14 7.000000% 060506JF0 1.088790 5.572046 962.586978
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 164,173,520.01 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-9 Trust
Bank of America, N.A., Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 140,857,404.82 140,857,404.82
Loan count 438 438
Avg loan rate 7.215606% 7.22
Prepay amount 23,130,527.36 23,130,527.36
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 3,002.26 3,002.26
Sub servicer fees 0.00 0.00
Trustee fees 547.25 547.25
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 4,003,362.30 4,003,362.30
Special Hazard 1,641,735.08 1,641,735.08
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 89.434141% 100.000000% 146,809,632.18
-----------------------------------------------------------------------------
Junior 10.565859% 0.000000% 17,344,269.58
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 6 2,051,484.53
60 to 89 days 0 0.00
90 or more 2 679,677.49
Foreclosure 2 727,135.53
Totals: 10 3,458,297.55
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 24,248,987.61 24,248,987.61
Principal remittance amount 23,461,190.70 23,461,190.70
Interest remittance amount 787,796.91 787,796.91