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 2001-5 Trust)
(Exact name of registrant as specified in charter)
North Carolina 333-56234-02 13-4186206
(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 2001-5 Trust
On January 25, 2003, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2001-5 Trust, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of April 1, 2001, 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 2001-5 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 April 1, 2001.
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
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BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-5 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 6,942,589.23 6.750000% 3,795,637.54 38,498.39 3,834,135.93 0.00 553.67
A2 52,876.40 6.750000% 22,066.13 293.21 22,359.35 0.00 4.22
A3 14,465,473.75 6.750000% 9,158,801.26 80,214.67 9,239,015.92 0.00 1,153.62
A4 5,601,000.00 6.750000% 0.00 31,058.94 31,058.94 0.00 446.68
A5 1,000,000.00 6.750000% 0.00 5,545.25 5,545.25 0.00 79.75
A6 3,393,000.00 7.000000% 0.00 19,511.89 19,511.89 0.00 280.61
A7 2,447,000.00 7.000000% 0.00 14,071.79 14,071.79 0.00 202.38
A8 5,772,000.00 7.000000% 0.00 33,192.63 33,192.63 0.00 477.37
A9 4,796,000.00 7.000000% 0.00 27,580.02 27,580.02 0.00 396.65
A10 16,408,000.00 6.500000% 0.00 87,616.59 87,616.59 0.00 1,260.08
A11 7,671,226.74 7.000000% 2,088,980.23 44,114.38 2,133,094.61 0.00 634.44
A12 7,671,226.74 6.500000% 2,088,980.23 40,963.35 2,129,943.59 0.00 589.12
A13 7,383,375.18 6.750000% 0.00 0.00 0.00 0.00 588.83
A14 2,124,551.39 6.750000% 0.00 0.00 0.00 0.00 169.43
A15 50,000,000.00 6.750000% 0.00 277,262.49 277,262.49 0.00 3,987.51
A16 63,324.63 6.750000% 7,978.89 351.15 8,330.04 0.00 5.05
APO 105,132.71 0.000000% 110.74 0.00 110.74 0.00 0.00
Residual AR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 8,119,697.34 6.750000% 7,334.21 45,025.75 52,359.96 0.00 647.55
B2 3,691,397.60 6.750000% 3,334.30 20,469.72 23,804.02 0.00 294.39
B3 2,214,641.79 6.750000% 2,000.40 12,280.74 14,281.14 0.00 176.62
B4 1,230,793.82 6.750000% 1,111.73 6,825.06 7,936.79 0.00 98.16
B5 984,831.82 6.750000% 889.56 5,461.14 6,350.70 0.00 78.54
B6 983,373.54 6.750000% 888.24 5,453.05 6,341.29 0.00 78.42
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 153,121,512.67 - 17,178,113.45 795,790.22 17,973,903.68 - 12,203.08
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 3,146,951.69 553.67
A2 30,810.26 4.22
A3 5,306,672.49 1,153.62
A4 5,601,000.00 446.68
A5 1,000,000.00 79.75
A6 3,393,000.00 280.61
A7 2,447,000.00 202.38
A8 5,772,000.00 477.37
A9 4,796,000.00 396.65
A10 16,408,000.00 1,260.08
A11 5,582,246.51 634.44
A12 5,582,246.51 589.12
A13 7,424,317.84 588.83
A14 2,136,332.56 169.43
A15 50,000,000.00 3,987.51
A16 55,345.74 5.05
APO 105,021.97 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 8,112,363.13 647.55
B2 3,688,063.31 294.39
B3 2,212,641.39 176.62
B4 1,229,682.09 98.16
B5 983,942.26 78.54
B6 982,485.30 78.42
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 135,996,123.05 12,203.08
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Payment Date: 01/25/03
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BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-5 Trust
Bank of America, N.A. Servicer
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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 6,942,589.23 6.750000% 060506XZ0 45.272934 0.459194 37.535654
A2 52,876.40 6.750000% 060506YA4 44.132267 0.586426 61.620526
A3 14,465,473.75 6.750000% 060506YB2 45.794006 0.401073 26.533362
A4 5,601,000.00 6.750000% 060506YC0 0.000000 5.545250 1,000.000000
A5 1,000,000.00 6.750000% 060506YD8 0.000000 5.545250 1,000.000000
A6 3,393,000.00 7.000000% 060506YE6 0.000000 5.750629 1,000.000000
A7 2,447,000.00 7.000000% 060506YF3 0.000000 5.750629 1,000.000000
A8 5,772,000.00 7.000000% 060506YG1 0.000000 5.750629 1,000.000000
A9 4,796,000.00 7.000000% 060506YH9 0.000000 5.750629 1,000.000000
A10 16,408,000.00 6.500000% 060506YJ5 0.000000 5.339870 1,000.000000
A11 7,671,226.74 7.000000% 060506YK2 41.779605 0.882288 111.644930
A12 7,671,226.74 6.500000% 060506YL0 41.779605 0.819267 111.644930
A13 7,383,375.18 6.750000% 060506YM8 0.000000 0.000000 1,124.385558
A14 2,124,551.39 6.750000% 060506YN6 0.000000 0.000000 1,124.385558
A15 50,000,000.00 6.750000% 060506YP1 0.000000 5.545250 1,000.000000
A16 63,324.63 6.750000% 060506YQ9 35.461736 1.560671 245.981068
APO 105,132.71 0.000000% 060506YR7 0.762506 0.000000 723.149025
Residual AR 0.00 6.750000% 060506YS5 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 8,119,697.34 6.750000% 060506YT3 0.888672 5.455683 982.959303
B2 3,691,397.60 6.750000% 060506YU0 0.888672 5.455683 982.959303
B3 2,214,641.79 6.750000% 060506YV8 0.888672 5.455683 982.959303
B4 1,230,793.82 6.750000% 060506YW6 0.888672 5.455683 982.959303
B5 984,831.82 6.750000% 060506YX4 0.888672 5.455683 982.959303
B6 983,373.54 6.750000% 060506YY2 0.887205 5.446706 981.341861
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 153,121,512.67 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
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BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-5 Trust
Bank of America, N.A. Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 135,996,122.44 135,996,122.44
Loan count 351 351
Avg loan rate 7.479916% 7.48
Prepay amount 16,987,070.24 16,987,070.24
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FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 49,179.54 49,179.54
Sub servicer fees 0.00 0.00
Trustee fees 446.60 446.60
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 147,974.56 147,974.56
Fraud 0.00 0.00
Special Hazard 1,966,745.92 1,966,745.92
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 88.759955% 100.000000% 135,896,776.76
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Junior 11.240045% 0.000000% 17,209,177.48
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 6 2,293,905.51
60 to 89 days 3 1,086,510.87
90 or more 1 385,027.34
Foreclosure 2 730,728.35
Totals: 12 4,496,172.07
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
REO INFORMATION
- --------------------------------------------------------------------------------
REO Date Loan Number Ending Stated Balance Book Value
-------- ----------- --------------------- ----------
N/A # 0 N/A
Totals: 0 N/A
Current Total Outstanding Balance: 319,558.09
Current Total Outstanding Number of Loans: 1
- --------------------------------------------------------------------------------
OTHER INFORMATION
- --------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 17,973,903.68 17,973,903.68
Principal remittance amount 17,178,113.45 17,178,113.45
Interest remittance amount 795,790.22 795,790.22