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): April 25, 2003
BOA
(Depositor)
(Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-3 Trust)
(Exact name of registrant as specified in charter)
North Carolina 333-56234-01 13-4162857
(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 2001-3 Trust
On April 25, 2003, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2001-3 Trust, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of March 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 2001-3 Trust relating to the distribution date of
April 25, 2003 prepared by The Bank of New York, as Trustee
under the Pooling and Servicing Agreement dated as of March
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: April 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 April 25, 2003
Payment Date: 04/25/03
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-3 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 45,268.72 7.000000% 5,884.89 231.45 6,116.34 0.00 32.62
A3 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A4 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A5 38,684,865.96 7.000000% 5,028,995.00 197,788.20 5,226,783.20 0.00 27,873.52
APO 16,800.28 0.000000% 16.05 0.00 16.05 0.00 0.00
Residual AR 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 9,495,844.59 7.000000% 8,562.23 48,550.41 57,112.63 0.00 6,842.02
B2 3,312,754.87 7.000000% 2,987.05 16,937.47 19,924.52 0.00 2,386.93
B3 1,989,206.90 7.000000% 1,793.63 10,170.43 11,964.06 0.00 1,433.28
B4 1,106,535.59 7.000000% 997.74 5,657.50 6,655.24 0.00 797.29
B5 886,224.06 7.000000% 0.00 9,971.98 9,971.98 0.00 638.55
B6 771,768.33 7.000000% 0.00 0.00 0.00 1,494.98 556.08
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 56,309,269.28 - 5,049,236.59 289,307.44 5,338,544.03 1,494.98 40,560.28
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 0.00 0.00
A2 39,383.82 32.62
A3 0.00 0.00
A4 0.00 0.00
A5 33,655,870.96 27,873.52
APO 16,784.23 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 9,487,282.36 6,842.02
B2 3,309,767.82 2,386.93
B3 1,987,413.27 1,433.28
B4 1,105,537.85 797.29
B5 886,224.06 0.00
B6 770,273.34 4,501.98
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 51,258,537.71 43,867.63
- --------------------------------------------------------------------------------
Payment Date: 04/25/03
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-3 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% 06423JAA2 0.000000 0.000000 0.000000
A2 45,268.72 7.000000% 06423JAB0 11.653250 0.458317 77.987770
A3 0.00 7.000000% 06423JAC8 0.000000 0.000000 0.000000
A4 0.00 7.000000% 06423JAD6 0.000000 0.000000 0.000000
A5 38,684,865.96 7.000000% 06423JAE4 111.755444 4.395293 747.908243
APO 16,800.28 0.000000% 06423JAF1 0.118582 0.000000 124.016836
Residual AR 0.00 7.000000% 06423JAG9 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 9,495,844.59 7.000000% 06423JAH7 0.884528 5.015538 980.091153
B2 3,312,754.87 7.000000% 06423JAJ3 0.884528 5.015538 980.091153
B3 1,989,206.90 7.000000% 06423JAK0 0.885306 5.019955 980.954228
B4 1,106,535.59 7.000000% 06423JAL8 0.886095 5.024424 981.827572
B5 886,224.06 7.000000% 06423JAM6 0.000000 11.067684 983.600513
B6 771,768.33 7.000000% 06423JAN4 0.000000 0.000000 855.134858
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 56,309,269.28 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-3 Trust
Bank of America, N.A., Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 51,258,537.71 51,258,537.71
Loan count 130 130
Avg loan rate 7.858647% 7.86
Prepay amount 4,623,130.98 4,623,130.98
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 0.00 0.00
Sub servicer fees 0.00 0.00
Trustee fees 187.70 187.70
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 135,606.54 135,606.54
Coverage Amounts Total
- ---------------- -----
Bankruptcy 0.00 0.00
Fraud 0.00 0.00
Special Hazard 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 68.830292% 100.000000% 38,746,934.95
-----------------------------------------------------------------------------
Junior 31.169708% 0.000000% 17,546,498.70
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 4 1,601,784.89
60 to 89 days 1 381,810.78
90 or more 0 0.00
Foreclosure 1 386,734.03
Totals: 6 2,370,329.70
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 5,338,544.03 5,338,544.03
Principal remittance amount 5,049,236.59 5,049,236.59
Interest remittance amount 289,307.44 289,307.44