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): February 25, 2003
BOA
(Depositor)
(Issuer in respect of Mortgage Pass-Through Certificates, Series 2001-8 trust)
(Exact name of registrant as specified in charter)
North Carolina 333-56234-08 13-4186195/94
(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 2001-8 trust
On February 25, 2003, The Bank of New York, as Trustee for BOA, Mortgage
Pass-Through Certificates Series 2001-8 trust, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of July 1, 2001, 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 2001-8 trust relating to the distribution date of
February 25, 2003 prepared by The Bank of New York, as
Trustee under the Pooling and Servicing Agreement dated as
of July 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: February 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 February 25, 2003
Payment Date: 02/25/03
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8 trust
Bank of America, NA, 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 54,970,351.96 6.750000% 19,866,744.68 309,208.23 20,175,952.91 0.00 0.00
A2 23,569,475.19 6.750000% 5,300,586.73 132,578.30 5,433,165.02 0.00 0.00
A3 70,000,000.00 6.750000% 0.00 393,750.00 393,750.00 0.00 0.00
A4 8,331,000.00 6.750000% 0.00 46,861.88 46,861.88 0.00 0.00
A5 13,855,276.62 6.750000% 0.00 0.00 0.00 0.00 0.00
A6 8,670,723.38 6.750000% 77,935.93 48,772.82 126,708.75 0.00 0.00
A7 8,514,867.57 6.000000% 3,077,344.31 42,574.34 3,119,918.65 0.00 0.00
A8 0.00 2.202500% 0.00 0.00 0.00 0.00 0.00
A9 0.00 24.290357% 0.00 0.00 0.00 0.00 0.00
A10 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A11 2,140,000.00 6.750000% 0.00 12,037.50 12,037.50 0.00 0.00
A12 1,450,000.00 6.750000% 0.00 8,156.25 8,156.25 0.00 0.00
A13 2,213,000.00 6.750000% 0.00 12,448.13 12,448.13 0.00 0.00
A14 9,474,000.00 6.750000% 0.00 53,291.25 53,291.25 0.00 0.00
A15 0.00 5.750000% 0.00 0.00 0.00 0.00 0.00
A16 4,731,035.30 6.500000% 4,731,035.30 25,626.44 4,756,661.74 0.00 0.00
A17 15,002,000.00 6.750000% 2,400,648.60 84,386.25 2,485,034.85 0.00 0.00
A18 1,121,319.93 6.750000% 0.00 6,307.42 6,307.42 0.00 0.00
A19 72,000,000.00 6.750000% 0.00 405,000.00 405,000.00 0.00 0.00
Residual AR 0.00 6.750000% 0.00 0.01 0.01 0.00 0.00
ALR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
2A1 106,897,165.64 6.500000% 12,225,325.73 571,849.70 12,797,175.43 0.00 7,176.62
3A1 33,308,230.76 6.750000% 10,446,079.06 180,736.14 10,626,815.20 0.00 6,622.66
3A2 9,655,928.12 6.750000% 0.00 0.00 0.00 0.00 1,919.88
3A3 14,500,000.00 6.750000% 0.00 78,679.47 78,679.47 0.00 2,883.03
APO 2,512,675.82 0.000000% 155,373.44 0.00 155,373.44 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,075,145.04 6.750000% 11,375.40 67,922.69 79,298.09 0.00 0.00
B2 5,327,675.30 6.750000% 5,018.94 29,968.17 34,987.12 0.00 0.00
B3 2,841,558.10 6.750000% 2,676.89 15,983.76 18,660.66 0.00 0.00
B4 1,776,219.97 6.750000% 1,673.29 9,991.24 11,664.53 0.00 0.00
B5 1,420,779.05 6.750000% 1,338.45 7,991.88 9,330.33 0.00 0.00
B6 1,323,218.28 6.750000% 0.00 8,689.54 8,689.54 1,246.54 0.00
2B1 1,852,760.95 6.500000% 7,321.09 9,911.40 17,232.49 0.00 124.39
2B2 997,640.51 6.500000% 3,942.13 5,336.91 9,279.03 0.00 66.98
2B3 570,080.29 6.500000% 2,252.64 3,049.66 5,302.31 0.00 38.27
2B4 285,040.15 6.500000% 1,126.32 1,524.83 2,651.15 0.00 19.14
2B5 285,040.15 6.500000% 1,126.32 1,524.83 2,651.15 0.00 19.14
2B6 285,702.73 6.500000% 1,128.94 1,528.38 2,657.32 0.00 19.18
3B1 2,798,166.68 6.750000% 2,628.41 15,183.33 17,811.74 0.00 556.36
3B2 789,630.43 6.750000% 741.73 4,284.67 5,026.40 0.00 157.00
3B3 431,244.55 6.750000% 405.08 2,340.01 2,745.09 0.00 85.74
3B4 431,244.55 6.750000% 405.08 2,340.01 2,745.09 0.00 85.74
3B5 287,496.37 6.750000% 270.05 1,560.00 1,830.06 0.00 57.16
3B6 287,740.49 6.750000% 270.23 1,561.33 1,831.55 0.06 57.21
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 495,862,113.94 - 58,324,774.78 2,602,956.76 60,927,731.54 1,246.60 19,888.50
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 35,103,607.28 0.00
A2 18,268,888.46 0.00
A3 70,000,000.00 0.00
A4 8,331,000.00 0.00
A5 13,933,212.56 0.00
A6 8,592,787.44 0.00
A7 5,437,523.26 0.00
A8 0.00 0.00
A9 0.00 0.00
A10 0.00 0.00
A11 2,140,000.00 0.00
A12 1,450,000.00 0.00
A13 2,213,000.00 0.00
A14 9,474,000.00 0.00
A15 0.00 0.00
A16 0.00 0.00
A17 12,601,351.40 0.00
A18 604,169.25 0.00
A19 72,000,000.00 0.00
Residual AR 0.00 0.00
ALR 0.00 0.00
2A1 94,671,839.91 7,176.62
3A1 22,862,151.70 6,622.66
3A2 9,708,322.83 1,919.88
3A3 14,500,000.00 2,883.03
APO 2,357,302.38 0.00
- --------------------------------------------------------------------------------
Subordinate B1 12,063,769.64 0.00
B2 5,322,656.35 0.00
B3 2,838,881.21 0.00
B4 1,774,546.68 0.00
B5 1,419,440.61 0.00
B6 1,321,971.74 0.00
2B1 1,845,439.86 124.39
2B2 993,698.38 66.98
2B3 567,827.65 38.27
2B4 283,913.82 19.14
2B5 283,913.82 19.14
2B6 284,573.79 19.18
3B1 2,795,538.27 556.36
3B2 788,888.70 157.00
3B3 430,839.47 85.74
3B4 430,839.47 85.74
3B5 287,226.31 57.16
3B6 287,470.21 57.21
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 437,666,423.20 19,888.50
- --------------------------------------------------------------------------------
Payment Date: 02/25/03
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8 trust
Bank of America, NA, 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 54,970,351.96 6.750000% 060506P22 71.247318 1.108901 125.890674
A2 23,569,475.19 6.750000% 060506P30 63.632494 1.591576 219.314387
A3 70,000,000.00 6.750000% 060506P48 0.000000 5.625000 1,000.000000
A4 8,331,000.00 6.750000% 060506P55 0.000000 5.625000 1,000.000000
A5 13,855,276.62 6.750000% 060506P63 0.000000 0.000000 1,112.343330
A6 8,670,723.38 6.750000% 060506P71 7.793593 4.877282 859.278744
A7 8,514,867.57 6.000000% 060506P89 123.093773 1.702974 217.500930
A8 0.00 2.202500% 060506P97 0.000000 0.000000 0.000000
A9 0.00 24.290357% 060506Q21 0.000000 0.000000 0.000000
A10 0.00 6.750000% 060506Q39 0.000000 0.000000 0.000000
A11 2,140,000.00 6.750000% 060506Q47 0.000000 5.625000 1,000.000000
A12 1,450,000.00 6.750000% 060506Q54 0.000000 5.625000 1,000.000000
A13 2,213,000.00 6.750000% 060506Q62 0.000000 5.625000 1,000.000000
A14 9,474,000.00 6.750000% 060506Q70 0.000000 5.625000 1,000.000000
A15 0.00 5.750000% 060506Q88 0.000000 0.000000 0.000000
A16 4,731,035.30 6.500000% 060506Q96 464.282169 2.514862 0.000000
A17 15,002,000.00 6.750000% 060506R20 160.021904 5.625000 839.978096
A18 1,121,319.93 6.750000% 060506R38 0.000000 0.787808 75.461777
A19 72,000,000.00 6.750000% 060506R46 0.000000 5.625000 1,000.000000
Residual AR 0.00 6.750000% 060506R53 0.000000 0.147733 0.000000
ALR 0.00 6.750000% 060506R61 0.000000 0.000000 0.000000
2A1 106,897,165.64 6.500000% 060506R79 40.912006 1.913693 316.818954
3A1 33,308,230.76 6.750000% 060506R87 89.230104 1.543843 195.287836
3A2 9,655,928.12 6.750000% 060506R95 0.000000 0.000000 1,112.191870
3A3 14,500,000.00 6.750000% 060506S29 0.000000 5.426171 1,000.000000
APO 2,512,675.82 0.000000% 060506S37 46.063916 0.000000 698.874782
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,075,145.04 6.750000% 060506S45 0.927544 5.538380 983.673323
B2 5,327,675.30 6.750000% 060506S52 0.927544 5.538380 983.673323
B3 2,841,558.10 6.750000% 060506S60 0.927544 5.538380 983.673323
B4 1,776,219.97 6.750000% 060506T51 0.927544 5.538380 983.673323
B5 1,420,779.05 6.750000% 060506T69 0.927544 5.538380 983.673323
B6 1,323,218.28 6.750000% 060506T77 0.000000 6.021920 916.136819
2B1 1,852,760.95 6.500000% 060506S78 3.705005 5.015892 933.927053
2B2 997,640.51 6.500000% 060506S86 3.705005 5.015892 933.927053
2B3 570,080.29 6.500000% 060506S94 3.705005 5.015892 933.927053
2B4 285,040.15 6.500000% 060506T85 3.705005 5.015892 933.927053
2B5 285,040.15 6.500000% 060506T93 3.705005 5.015892 933.927053
2B6 285,702.73 6.500000% 060506U26 3.705006 5.015893 933.927225
3B1 2,798,166.68 6.750000% 060506T28 0.924846 5.342480 983.651748
3B2 789,630.43 6.750000% 060506T36 0.924846 5.342480 983.651748
3B3 431,244.55 6.750000% 060506T44 0.924846 5.342480 983.651748
3B4 431,244.55 6.750000% 060506U34 0.924846 5.342480 983.651748
3B5 287,496.37 6.750000% 060506U42 0.924846 5.342480 983.651748
3B6 287,740.49 6.750000% 060506U59 0.924645 5.342482 983.651951
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 495,862,113.94 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8 trust
Bank of America, NA, Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Prin balance 286,075,901.38 99,244,173.55 52,346,348.28
Loan count 718 243 130
Avg loan rate 7.171750% 6.917448% 7.180200%
Prepay amount 35,192,805.68 11,830,139.21 10,370,066.89
Total
-----
Prin balance 437,666,423.20
Loan count 1091
Avg loan rate 7.12
Prepay amount 57,393,011.79
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Master serv fees 57,057.63 9,761.20 0.00
Sub servicer fees 0.00 0.00 0.00
Trustee fees 535.95 185.86 104.63
Agg advances N/A N/A N/A
Adv this period 0.00 0.00 0.00
Total
-----
Master serv fees 66,818.83
Sub servicer fees 0.00
Trustee fees 826.44
Agg advances N/A
Adv this period 0.00
- --------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
- --------------------------------------------------------------------------------
Realized losses 0.00 0.00 0.00
Cumulative losses 101,796.81 0.00 0.00
Total
-----
Realized losses 0.00
Cumulative losses 101,796.81
Coverage Amounts
- ----------------
Bankruptcy 0.00 0.00 0.00
Fraud 0.00 0.00 0.00
Special Hazard 4,958,621.14 0.00 0.00
Total
-----
Bankruptcy 0.00
Fraud 0.00
Special Hazard 4,958,621.14
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 93.138310% 100.000000% 461,795,730.37
-----------------------------------------------------------------------------
Junior 6.861690% 0.000000% 34,021,435.97
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 20 7,896,191.30
60 to 89 days 4 1,530,303.10
90 or more 1 304,166.01
Foreclosure 0 0.00
Totals: 25 9,730,660.41
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 60,927,731.54 60,927,731.54
Principal remittance amount 58,324,774.78 58,324,774.78
Interest remittance amount 2,602,956.76 2,602,956.76