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): March 25, 2003
BOA
(Depositor)
(Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-2 Trust)
(Exact name of registrant as specified in charter)
North Carolina 333-80941-10 13-4186209
(State or other (Commission File No.) (I.R.S. Employer
jurisdiction of Identification No.)
organization)
101 N. Tryon St., Charlotte, NC 28255
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including area code: 704-387-2111
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 2001-2 Trust
On March 25, 2003, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2001-2 Trust, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of February 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 2001-2 Trust relating to the distribution date of
March 25, 2003 prepared by The Bank of New York, as Trustee
under the Pooling and Servicing Agreement dated as of
February 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: March 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 March 25, 2003
Payment Date: 03/25/03
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-2 Trust
Bank of America, NA, as 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 55,000,000.00 7.000000% 5,096,282.46 320,833.33 5,417,115.79 0.00 0.00
A3 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A4 436,845.01 6.750000% 436,845.01 2,457.25 439,302.26 0.00 0.00
A5 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A6 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A7 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00
A8 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A9 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A10 598,951.14 7.000000% 598,951.14 3,493.88 602,445.02 0.00 0.00
A11 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00
A12 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00
A13 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00
A14 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00
A15 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00
A16 436,845.01 7.250000% 436,845.01 2,639.27 439,484.28 0.00 0.00
A17 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A18 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A19 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A20 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A21 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A22 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A23 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A24 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A25 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A26 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A27 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A28 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A29 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A30 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A31 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A32 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A33 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A34 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A35 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A36 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A37 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A38 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A39 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A40 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A41 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A42 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
APO 7,493.16 0.000000% 32.24 0.00 32.24 0.00 0.00
Residual AR 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 11,604,965.16 7.000000% 11,519.29 67,695.63 79,214.92 0.00 0.00
B2 4,048,448.93 7.000000% 4,018.56 23,615.95 27,634.51 0.00 0.00
B3 2,429,265.50 7.000000% 2,411.33 14,170.72 16,582.05 0.00 0.00
B4 1,349,482.98 7.000000% 1,339.52 7,871.98 9,211.50 0.00 0.00
B5 1,079,782.53 7.000000% 1,071.81 6,298.73 7,370.54 0.00 0.00
B6 1,053,246.40 7.000000% 1,045.46 6,143.94 7,189.40 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 78,045,325.81 - 6,590,361.84 455,220.69 7,045,582.53 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 0.00 0.00
A2 49,903,717.54 0.00
A3 0.00 0.00
A4 0.00 0.00
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 0.00 0.00
A20 0.00 0.00
A21 0.00 0.00
A22 0.00 0.00
A23 0.00 0.00
A24 0.00 0.00
A25 0.00 0.00
A26 0.00 0.00
A27 0.00 0.00
A28 0.00 0.00
A29 0.00 0.00
A30 0.00 0.00
A31 0.00 0.00
A32 0.00 0.00
A33 0.00 0.00
A34 0.00 0.00
A35 0.00 0.00
A36 0.00 0.00
A37 0.00 0.00
A38 0.00 0.00
A39 0.00 0.00
A40 0.00 0.00
A41 0.00 0.00
A42 0.00 0.00
APO 7,460.92 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 11,593,445.86 0.00
B2 4,044,430.37 0.00
B3 2,426,854.17 0.00
B4 1,348,143.46 0.00
B5 1,078,710.72 0.00
B6 1,052,200.93 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 71,454,963.97 -
- --------------------------------------------------------------------------------
Payment Date: 03/25/03
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-2 Trust
Bank of America, NA, as 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% 060506UE0 0.000000 0.000000 0.000000
A2 55,000,000.00 7.000000% 060506UF7 92.659681 5.833333 907.340319
A3 0.00 7.000000% 060506UG5 0.000000 0.000000 0.000000
A4 436,845.01 6.750000% 060506UH3 46.656522 0.262443 0.000000
A5 0.00 7.000000% 060506UJ9 0.000000 0.000000 0.000000
A6 0.00 7.000000% 060506UK6 0.000000 0.000000 0.000000
A7 0.00 7.250000% 060506UL4 0.000000 0.000000 0.000000
A8 0.00 6.750000% 060506UM2 0.000000 0.000000 0.000000
A9 0.00 7.000000% 060506UN0 0.000000 0.000000 0.000000
A10 598,951.14 7.000000% 060506UP5 184.235971 1.074710 0.000000
A11 0.00 7.250000% 060506UQ3 0.000000 0.000000 0.000000
A12 0.00 7.250000% 060506UR1 0.000000 0.000000 0.000000
A13 0.00 7.250000% 060506US9 0.000000 0.000000 0.000000
A14 0.00 7.250000% 060506UT7 0.000000 0.000000 0.000000
A15 0.00 7.250000% 060506UU4 0.000000 0.000000 0.000000
A16 436,845.01 7.250000% 060506UV2 184.089765 1.112209 0.000000
A17 0.00 7.000000% 060506UW0 0.000000 0.000000 0.000000
A18 0.00 7.000000% 060506UX8 0.000000 0.000000 0.000000
A19 0.00 7.000000% 060506UY6 0.000000 0.000000 0.000000
A20 0.00 7.000000% 060506UZ3 0.000000 0.000000 0.000000
A21 0.00 7.000000% 060506VA7 0.000000 0.000000 0.000000
A22 0.00 7.000000% 060506VB5 0.000000 0.000000 0.000000
A23 0.00 7.000000% 060506VC3 0.000000 0.000000 0.000000
A24 0.00 7.000000% 060506VD1 0.000000 0.000000 0.000000
A25 0.00 7.000000% 060506VE9 0.000000 0.000000 0.000000
A26 0.00 7.000000% 060506VF6 0.000000 0.000000 0.000000
A27 0.00 7.000000% 060506VG4 0.000000 0.000000 0.000000
A28 0.00 7.000000% 060506VH2 0.000000 0.000000 0.000000
A29 0.00 7.000000% 060506VJ8 0.000000 0.000000 0.000000
A30 0.00 7.000000% 060506VK5 0.000000 0.000000 0.000000
A31 0.00 7.000000% 060506VL3 0.000000 0.000000 0.000000
A32 0.00 7.000000% 060506VM1 0.000000 0.000000 0.000000
A33 0.00 7.000000% 060506VN9 0.000000 0.000000 0.000000
A34 0.00 7.000000% 060506VP4 0.000000 0.000000 0.000000
A35 0.00 7.000000% 060506VQ2 0.000000 0.000000 0.000000
A36 0.00 7.000000% 060506VR0 0.000000 0.000000 0.000000
A37 0.00 7.000000% 060506VS8 0.000000 0.000000 0.000000
A38 0.00 7.000000% 060506VT6 0.000000 0.000000 0.000000
A39 0.00 7.000000% 060506VU3 0.000000 0.000000 0.000000
A40 0.00 7.000000% 060506VV1 0.000000 0.000000 0.000000
A41 0.00 6.750000% 060506VW9 0.000000 0.000000 0.000000
A42 0.00 6.750000% 060506VX7 0.000000 0.000000 0.000000
APO 7,493.16 0.000000% 060506VY5 0.627394 0.000000 145.201172
Residual AR 0.00 7.000000% 060506VZ2 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 11,604,965.16 7.000000% 060506WA6 0.973489 5.720919 979.755418
B2 4,048,448.93 7.000000% 060506WB4 0.973489 5.720919 979.755418
B3 2,429,265.50 7.000000% 060506WC2 0.973489 5.720919 979.755418
B4 1,349,482.98 7.000000% 060506WD0 0.973489 5.720919 979.755418
B5 1,079,782.53 7.000000% 060506WE8 0.973489 5.720919 979.755418
B6 1,053,246.40 7.000000% 060506WF5 0.949507 5.580016 955.624741
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 78,045,325.81 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-2 Trust
Bank of America, NA, as Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 71,454,962.93 71,454,962.93
Loan count 193 193
Avg loan rate 7.975952% 7.98
Prepay amount 6,512,893.03 6,512,893.03
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 47,886.65 47,886.65
Sub servicer fees 0.00 0.00
Trustee fees 227.63 227.63
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 26,746.87 26,746.87
Coverage Amounts Total
- ---------------- -----
Bankruptcy 100,000.00 100,000.00
Fraud 0.00 0.00
Special Hazard 1,962,267.06 1,962,267.06
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 72.388230% 100.000000% 56,480,134.32
-----------------------------------------------------------------------------
Junior 27.611770% 0.000000% 21,543,785.50
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 7 2,578,097.44
60 to 89 days 1 327,921.21
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 8 2,906,018.65
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 7,045,582.53 7,045,582.53
Principal remittance amount 6,590,361.84 6,590,361.84
Interest remittance amount 455,220.69 455,220.69