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): June 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 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 2001-5 Trust
On June 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
June 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: June 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 June 25, 2003
Payment Date: 06/25/03
------------------------------------------------------------
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 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A2 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A3 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A4 3,219,967.86 6.750000% 2,958,910.68 18,112.32 2,977,023.00 0.00 0.00
A5 294,546.98 6.750000% 270,666.74 1,656.83 272,323.56 0.00 0.00
A6 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A7 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A8 36,926.82 7.000000% 36,926.82 215.41 37,142.22 0.00 0.00
A9 4,796,000.00 7.000000% 4,404,173.02 27,976.67 4,432,149.69 0.00 0.00
A10 4,832,926.82 6.500000% 4,441,099.84 26,178.35 4,467,278.19 0.00 0.00
A11 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00
A12 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
A13 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A14 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A15 50,000,000.00 6.750000% 0.00 281,250.00 281,250.00 0.00 0.00
A16 29,477.07 6.750000% 5,650.80 165.81 5,816.61 0.00 0.00
APO 44,333.21 0.000000% 225.76 0.00 225.76 0.00 0.00
Residual AR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 8,082,105.89 6.750000% 7,807.88 45,461.85 53,269.72 0.00 0.00
B2 3,674,307.68 6.750000% 3,549.64 20,667.98 24,217.62 0.00 0.00
B3 2,204,388.75 6.750000% 2,129.59 12,399.69 14,529.28 0.00 0.00
B4 1,225,095.66 6.750000% 1,183.53 6,891.16 8,074.69 0.00 0.00
B5 980,272.39 6.750000% 947.01 5,514.03 6,461.04 0.00 0.00
B6 978,820.93 6.750000% 945.61 5,505.87 6,451.48 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 80,399,170.05 - 12,134,216.91 451,995.98 12,586,212.89 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 0.00 0.00
A2 0.00 0.00
A3 0.00 0.00
A4 261,057.18 0.00
A5 23,880.24 0.00
A6 0.00 0.00
A7 0.00 0.00
A8 0.00 0.00
A9 391,826.98 0.00
A10 391,826.98 0.00
A11 0.00 0.00
A12 0.00 0.00
A13 0.00 0.00
A14 0.00 0.00
A15 50,000,000.00 0.00
A16 23,826.27 0.00
APO 44,107.45 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 8,074,298.02 0.00
B2 3,670,758.05 0.00
B3 2,202,259.16 0.00
B4 1,223,912.13 0.00
B5 979,325.37 0.00
B6 977,875.32 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 68,264,953.14 -
- --------------------------------------------------------------------------------
Payment Date: 06/25/03
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-5 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 6.750000% 060506XZ0 0.000000 0.000000 0.000000
A2 0.00 6.750000% 060506YA4 0.000000 0.000000 0.000000
A3 0.00 6.750000% 060506YB2 0.000000 0.000000 0.000000
A4 3,219,967.86 6.750000% 060506YC0 528.282572 3.233765 46.609031
A5 294,546.98 6.750000% 060506YD8 270.666738 1.656827 23.880241
A6 0.00 7.000000% 060506YE6 0.000000 0.000000 0.000000
A7 0.00 7.000000% 060506YF3 0.000000 0.000000 0.000000
A8 36,926.82 7.000000% 060506YG1 6.397578 0.037319 0.000000
A9 4,796,000.00 7.000000% 060506YH9 918.301297 5.833333 81.698703
A10 4,832,926.82 6.500000% 060506YJ5 270.666738 1.595463 23.880240
A11 0.00 7.000000% 060506YK2 0.000000 0.000000 0.000000
A12 0.00 6.500000% 060506YL0 0.000000 0.000000 0.000000
A13 0.00 6.750000% 060506YM8 0.000000 0.000000 0.000000
A14 0.00 6.750000% 060506YN6 0.000000 0.000000 0.000000
A15 50,000,000.00 6.750000% 060506YP1 0.000000 5.625000 1,000.000000
A16 29,477.07 6.750000% 060506YQ9 25.114673 0.736927 105.894547
APO 44,333.21 0.000000% 060506YR7 1.554529 0.000000 303.710337
Residual AR 0.00 6.750000% 060506YS5 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 8,082,105.89 6.750000% 060506YT3 0.946065 5.508524 978.347027
B2 3,674,307.68 6.750000% 060506YU0 0.946065 5.508524 978.347027
B3 2,204,388.75 6.750000% 060506YV8 0.946065 5.508524 978.347027
B4 1,225,095.66 6.750000% 060506YW6 0.946065 5.508524 978.347027
B5 980,272.39 6.750000% 060506YX4 0.946065 5.508524 978.347027
B6 978,820.93 6.750000% 060506YY2 0.944508 5.499460 976.737242
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 80,399,170.05 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-5 Trust
Bank of America, N.A. Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 68,264,952.47 68,264,952.47
Loan count 176 176
Avg loan rate 7.503322% 7.50
Prepay amount 12,056,543.36 12,056,543.36
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 35,355.50 35,355.50
Sub servicer fees 0.00 0.00
Trustee fees 234.50 234.50
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 0.00 0.00
Coverage Amounts Total
- ---------------- -----
Bankruptcy 147,974.56 147,974.56
Fraud 0.00 0.00
Special Hazard 1,831,204.96 1,831,204.96
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 78.691375% 100.000000% 63,254,178.76
-----------------------------------------------------------------------------
Junior 21.308625% 0.000000% 17,128,428.04
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 5 2,696,588.55
60 to 89 days 1 348,196.09
90 or more 2 691,129.92
Foreclosure 1 385,027.34
Totals: 9 4,120,941.90
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
REO INFORMATION
- --------------------------------------------------------------------------------
REO Date Loan Number Ending Stated Balance Book Value
-------- ----------- --------------------- ----------
N/A # 0 N/A
N/A # 0 N/A
Totals: 0 N/A
Current Total Outstanding Balance: 753,527.86
Current Total Outstanding Number of Loans: 2
- --------------------------------------------------------------------------------
OTHER INFORMATION
- --------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 12,586,212.89 12,586,212.89
Principal remittance amount 12,134,216.91 12,134,216.91
Interest remittance amount 451,995.98 451,995.98