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 2002-J)
(Exact name of registrant as specified in charter)
North Carolina 333-97547-03 61-1430160
(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 2002-J
On April 25, 2003, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2002-J, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of September 1, 2002, 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 2002-J 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 September 1,
2002.
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
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BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-J
Bank of America, N.A., Master 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 118,775,485.53 2.995000% 6,208,377.65 296,443.82 6,504,821.47 0.00 0.00
A2 294,182,371.66 4.879000% 15,376,870.52 1,196,096.49 16,572,967.02 0.00 0.00
A3 64,702,867.67 4.879000% 3,382,009.65 263,071.08 3,645,080.72 0.00 0.00
A4 1,746,977.43 4.879000% 91,314.26 7,102.92 98,417.18 0.00 0.00
AP 353,453.15 0.000000% 1,565.02 0.00 1,565.02 0.00 0.00
Residual AR 0.00 4.412231% 0.00 0.45 0.45 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 7,094,561.73 4.412231% 8,464.40 26,085.70 34,550.11 0.00 0.00
B2 3,121,249.65 4.412231% 3,723.91 11,476.40 15,200.31 0.00 0.00
B3 2,270,180.31 4.412231% 2,708.51 8,347.13 11,055.65 0.00 0.00
B4 851,069.35 4.412231% 1,015.40 3,129.26 4,144.66 0.00 0.00
B5 852,062.43 4.412231% 1,016.58 3,132.91 4,149.49 0.00 0.00
B6 1,135,166.30 4.412231% 1,354.35 4,173.85 5,528.19 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 495,085,445.19 - 25,078,420.25 1,819,060.01 26,897,480.26 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 112,567,107.87 0.00
A2 278,805,501.13 0.00
A3 61,320,858.02 0.00
A4 1,655,663.17 0.00
AP 351,888.13 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 7,086,097.33 0.00
B2 3,117,525.74 0.00
B3 2,267,471.79 0.00
B4 850,053.95 0.00
B5 851,045.84 0.00
B6 1,133,811.95 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 470,007,024.94 -
- --------------------------------------------------------------------------------
Payment Date: 04/25/03
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-J
Bank of America, N.A., Master 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 118,775,485.53 2.995000% 06050HVJ4 45.093462 2.153168 817.611440
A2 294,182,371.66 4.879000% 06050HVK1 45.093462 3.507614 817.611440
A3 64,702,867.67 4.879000% 06050HVL9 45.093462 3.507614 817.611440
A4 1,746,977.43 4.879000% 06050HVM7 45.093462 3.507614 817.611440
AP 353,453.15 0.000000% 06050HVN5 4.368264 0.000000 982.187319
Residual AR 0.00 4.412231% 06050HVP0 0.000000 4.517339 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 7,094,561.73 4.412231% 06050HVQ8 1.184827 3.651414 991.894923
B2 3,121,249.65 4.412231% 06050HVR6 1.184827 3.651414 991.894923
B3 2,270,180.31 4.412231% 06050HVS4 1.184827 3.651414 991.894923
B4 851,069.35 4.412231% 06050HVT2 1.184827 3.651414 991.894923
B5 852,062.43 4.412231% 06050HVU9 1.184827 3.651414 991.894923
B6 1,135,166.30 4.412231% 06050HVV7 1.184827 3.651417 991.895616
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 495,085,445.19 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-J
Bank of America, N.A., Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 470,007,024.14 470,007,024.14
Loan count 946 946
Avg loan rate 5.509336% 5.51
Prepay amount 24,487,610.42 24,487,610.42
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 417,453.45 417,453.45
Sub servicer fees 0.00 0.00
Trustee fees 1,237.71 1,237.71
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 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 96.908297% 100.000000% 479,761,155.43
-----------------------------------------------------------------------------
Junior 3.091703% 0.000000% 15,306,006.61
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 3 1,460,470.38
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 3 1,460,470.38
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- --------------------------------------------------------------------------------
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 26,897,480.26 26,897,480.26
Principal remittance amount 25,078,420.25 25,078,420.25
Interest remittance amount 1,819,060.01 1,819,060.01