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): January 25, 2003
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 January 25, 2003, 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
January 25, 2003 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: January 25, 2003
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 January 25, 2003
Payment Date: 01/25/03
------------------------------------------------------------
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 0.00 7.125000% 0.00 0.00 0.00 0.00 0.00
A3 9,546,867.94 7.125000% 1,967,985.54 56,573.05 2,024,558.59 0.00 111.47
A4 19,382,266.44 7.125000% 3,995,448.60 114,855.89 4,110,304.49 0.00 226.32
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 9.305233% 44,504.08 13,618.14 58,122.22 0.00 114.53
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 1,157,771.75 7.750000% 0.00 7,462.57 7,462.57 0.00 14.70
A23 4,115,392.48 7.125000% 24,387.09 0.00 24,387.09 0.00 48.05
A24 72,514.69 7.750000% 10,663.01 467.40 11,130.42 0.00 0.92
A25 0.00 7.125000% 0.00 0.00 0.00 0.00 0.00
APO 456,406.23 0.000000% 14,376.85 0.00 14,376.85 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 12,663,135.97 7.750000% 10,595.69 81,621.92 92,217.61 0.00 160.83
B2 4,418,012.17 7.750000% 3,696.70 28,476.88 32,173.59 0.00 56.11
B3 2,651,199.93 7.750000% 2,218.35 17,088.66 19,307.01 0.00 33.67
B4 1,473,325.10 7.750000% 1,232.78 9,496.51 10,729.29 0.00 18.71
B5 1,178,856.39 7.750000% 986.39 7,598.48 8,584.87 0.00 14.97
B6 1,178,021.68 7.750000% 985.69 7,593.09 8,578.79 0.00 14.96
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 64,646,192.07 - 6,077,080.78 344,852.60 6,421,933.38 - 815.26
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 0.00 0.00
A2 0.00 0.00
A3 7,578,882.40 111.47
A4 15,386,817.84 226.32
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 7,510,193.05 114.53
A20 0.00 0.00
A21 0.00 0.00
A22 987,525.34 14.70
A23 4,115,392.48 48.05
A24 61,851.68 0.92
A25 0.00 0.00
APO 442,029.39 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 12,652,540.28 160.83
B2 4,414,315.46 56.11
B3 2,648,981.58 33.67
B4 1,472,092.32 18.71
B5 1,177,870.00 14.97
B6 1,177,035.99 14.96
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 58,638,002.46 815.26
- --------------------------------------------------------------------------------
Payment Date: 01/25/03
------------------------------------------------------------
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 0.00 7.125000% 060506QD7 0.000000 0.000000 0.000000
A3 9,546,867.94 7.125000% 060506QE5 178.907776 5.143005 688.989309
A4 19,382,266.44 7.125000% 060506QF2 35.355762 1.016361 136.158095
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 9.305233% 060506QW5 0.717840 0.219657 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 1,157,771.75 7.750000% 060506QZ8 0.000000 0.897042 118.706004
A23 4,115,392.48 7.125000% 060506RA2 6.399551 0.000000 1,079.942920
A24 72,514.69 7.750000% 060506RB0 10.402940 0.456003 60.343101
A25 0.00 7.125000% 060506RC8 0.000000 0.000000 0.000000
APO 456,406.23 0.000000% 060506RD6 8.227742 0.000000 252.969458
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 12,663,135.97 7.750000% 060506RG9 0.821307 6.326790 980.741050
B2 4,418,012.17 7.750000% 060506RH7 0.821307 6.326790 980.741050
B3 2,651,199.93 7.750000% 060506RJ3 0.821307 6.326790 980.741050
B4 1,473,325.10 7.750000% 060506RP9 0.821307 6.326790 980.741050
B5 1,178,856.39 7.750000% 060506RQ7 0.821307 6.326790 980.741050
B6 1,178,021.68 7.750000% 060506RR5 0.821307 6.326791 980.741116
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 64,646,192.07 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2000-7 Trust
Bank of America, N.A., Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 58,638,003.59 58,638,003.59
Loan count 165 165
Avg loan rate 8.195456% 8.20
Prepay amount 5,954,076.14 5,954,076.14
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 12,473.41 12,473.41
Sub servicer fees 0.00 0.00
Trustee fees 188.55 188.55
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 1,609,828.44 1,609,828.44
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 63.570913% 100.000000% 41,083,640.83
-----------------------------------------------------------------------------
Junior 36.429087% 0.000000% 23,542,835.63
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 6 2,243,998.27
60 to 89 days 3 931,684.25
90 or more 4 1,186,106.27
Foreclosure 0 0.00
Totals: 13 4,361,788.79
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 6,421,933.38 6,421,933.38
Principal remittance amount 6,077,080.78 6,077,080.78
Interest remittance amount 344,852.60 344,852.60