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 2001-8 trust)
(Exact name of registrant as specified in charter)
North Carolina 333-56234-08 13-4186194/6195
(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 2001-8 trust
On June 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
June 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: 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, 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 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A2 2,154,527.25 6.750000% 2,154,527.25 11,941.07 2,166,468.32 0.00 178.15
A3 36,128,018.28 6.750000% 20,888,612.08 200,232.87 21,088,844.95 0.00 2,987.24
A4 8,331,000.00 6.750000% 3,316,000.00 46,173.03 3,362,173.03 0.00 688.85
A5 14,166,698.60 6.750000% 0.00 0.00 0.00 0.00 1,171.37
A6 8,359,301.40 6.750000% 78,516.31 46,329.88 124,846.19 0.00 691.19
A7 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
A8 0.00 2.170000% 0.00 0.00 0.00 0.00 0.00
A9 0.00 24.415714% 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 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A12 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A13 1,404,326.82 6.750000% 1,404,326.82 7,783.22 1,412,110.04 0.00 116.12
A14 9,474,000.00 6.750000% 0.00 52,507.89 52,507.89 0.00 783.36
A15 0.00 5.750000% 0.00 0.00 0.00 0.00 0.00
A16 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
A17 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A18 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A19 72,000,000.00 6.750000% 0.00 399,046.70 399,046.70 0.00 5,953.30
Residual AR 0.00 6.750000% 0.00 0.09 0.09 0.00 0.00
ALR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
2A1 60,330,379.10 6.500000% 9,443,882.32 326,789.55 9,770,671.87 0.00 0.00
3A1 2,902,685.41 6.750000% 2,902,685.41 15,966.98 2,918,652.38 0.00 360.63
3A2 9,869,540.91 6.750000% 3,119,562.90 0.00 3,119,562.90 0.00 1,226.18
3A3 14,500,000.00 6.750000% 0.00 79,761.03 79,761.03 0.00 1,801.47
APO 1,597,099.75 0.000000% 183,836.68 0.00 183,836.68 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,029,478.80 6.750000% 11,643.20 66,671.16 78,314.36 0.00 994.65
B2 5,307,526.89 6.750000% 5,137.10 29,415.99 34,553.08 0.00 438.85
B3 2,830,811.79 6.750000% 2,739.91 15,689.25 18,429.16 0.00 234.06
B4 1,769,502.59 6.750000% 1,712.68 9,807.14 11,519.82 0.00 146.31
B5 1,415,405.90 6.750000% 1,369.96 7,844.63 9,214.58 0.00 117.03
B6 1,318,214.08 6.750000% 1,275.88 7,305.96 8,581.84 0.00 109.00
2B1 1,823,291.99 6.500000% 7,490.50 9,876.16 17,366.66 0.00 0.00
2B2 981,772.61 6.500000% 4,033.35 5,317.93 9,351.28 0.00 0.00
2B3 561,012.92 6.500000% 2,304.77 3,038.82 5,343.59 0.00 0.00
2B4 280,506.46 6.500000% 1,152.38 1,519.41 2,671.79 0.00 0.00
2B5 280,506.46 6.500000% 1,152.38 1,519.41 2,671.79 0.00 0.00
2B6 281,158.51 6.500000% 1,155.06 1,522.94 2,678.01 0.00 0.00
3B1 2,787,563.37 6.750000% 2,678.19 15,333.72 18,011.91 0.00 346.32
3B2 786,638.22 6.750000% 755.77 4,327.11 5,082.88 0.00 97.73
3B3 429,610.40 6.750000% 412.75 2,363.18 2,775.94 0.00 53.37
3B4 429,610.40 6.750000% 412.75 2,363.18 2,775.94 0.00 53.37
3B5 286,406.93 6.750000% 275.17 1,575.46 1,850.63 0.00 35.58
3B6 286,650.14 6.750000% 275.40 1,576.79 1,852.20 0.00 35.61
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 275,103,245.99 - 43,537,926.97 1,373,600.58 44,911,527.55 - 18,619.74
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 0.00 0.00
A2 0.00 178.15
A3 15,239,406.20 2,987.24
A4 5,015,000.00 688.85
A5 14,245,214.91 1,171.37
A6 8,280,785.09 691.19
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 0.00 116.12
A14 9,474,000.00 783.36
A15 0.00 0.00
A16 0.00 0.00
A17 0.00 0.00
A18 0.00 0.00
A19 72,000,000.00 5,953.30
Residual AR 0.00 0.00
ALR 0.00 0.00
2A1 50,886,496.78 0.00
3A1 0.00 360.63
3A2 6,804,268.00 1,226.18
3A3 14,500,000.00 1,801.47
APO 1,413,263.07 0.00
- --------------------------------------------------------------------------------
Subordinate B1 12,017,835.61 994.65
B2 5,302,389.80 438.85
B3 2,828,071.88 234.06
B4 1,767,789.91 146.31
B5 1,414,035.94 117.03
B6 1,316,938.20 109.00
2B1 1,815,801.50 0.00
2B2 977,739.27 0.00
2B3 558,708.15 0.00
2B4 279,354.08 0.00
2B5 279,354.08 0.00
2B6 280,003.44 0.00
3B1 2,784,885.19 346.32
3B2 785,882.45 97.73
3B3 429,197.65 53.37
3B4 429,197.65 53.37
3B5 286,131.76 35.58
3B6 286,374.73 35.61
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 231,698,125.31 18,619.74
- --------------------------------------------------------------------------------
Payment Date: 06/25/03
------------------------------------------------------------
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 0.00 6.750000% 060506P22 0.000000 0.000000 0.000000
A2 2,154,527.25 6.750000% 060506P30 25.864673 0.143350 0.000000
A3 36,128,018.28 6.750000% 060506P48 298.408744 2.860470 217.705803
A4 8,331,000.00 6.750000% 060506P55 398.031449 5.542315 601.968551
A5 14,166,698.60 6.750000% 060506P63 0.000000 0.000000 1,137.251709
A6 8,359,301.40 6.750000% 060506P71 7.851631 4.632988 828.078509
A7 0.00 6.000000% 060506P89 0.000000 0.000000 0.000000
A8 0.00 2.170000% 060506P97 0.000000 0.000000 0.000000
A9 0.00 24.415714% 060506Q21 0.000000 0.000000 0.000000
A10 0.00 6.750000% 060506Q39 0.000000 0.000000 0.000000
A11 0.00 6.750000% 060506Q47 0.000000 0.000000 0.000000
A12 0.00 6.750000% 060506Q54 0.000000 0.000000 0.000000
A13 1,404,326.82 6.750000% 060506Q62 634.580576 3.517046 0.000000
A14 9,474,000.00 6.750000% 060506Q70 0.000000 5.542315 1,000.000000
A15 0.00 5.750000% 060506Q88 0.000000 0.000000 0.000000
A16 0.00 6.500000% 060506Q96 0.000000 0.000000 0.000000
A17 0.00 6.750000% 060506R20 0.000000 0.000000 0.000000
A18 0.00 6.750000% 060506R38 0.000000 0.000000 0.000000
A19 72,000,000.00 6.750000% 060506R46 0.000000 5.542315 1,000.000000
Residual AR 0.00 6.750000% 060506R53 0.000000 1.847937 0.000000
ALR 0.00 6.750000% 060506R61 0.000000 0.000000 0.000000
2A1 60,330,379.10 6.500000% 060506R79 31.603916 1.093600 170.291469
3A1 2,902,685.41 6.750000% 060506R87 24.794654 0.136389 0.000000
3A2 9,869,540.91 6.750000% 060506R95 357.379184 0.000000 779.501431
3A3 14,500,000.00 6.750000% 060506S29 0.000000 5.500761 1,000.000000
APO 1,597,099.75 0.000000% 060506S37 54.502478 0.000000 418.993306
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,029,478.80 6.750000% 060506S45 0.949380 5.436331 979.927887
B2 5,307,526.89 6.750000% 060506S52 0.949380 5.436331 979.927887
B3 2,830,811.79 6.750000% 060506S60 0.949380 5.436331 979.927887
B4 1,769,502.59 6.750000% 060506T51 0.949380 5.436331 979.927887
B5 1,415,405.90 6.750000% 060506T69 0.949380 5.436331 979.927887
B6 1,318,214.08 6.750000% 060506T77 0.884198 5.063086 912.648534
2B1 1,823,291.99 6.500000% 060506S78 3.790738 4.998059 918.927882
2B2 981,772.61 6.500000% 060506S86 3.790738 4.998059 918.927882
2B3 561,012.92 6.500000% 060506S94 3.790738 4.998059 918.927882
2B4 280,506.46 6.500000% 060506T85 3.790738 4.998059 918.927882
2B5 280,506.46 6.500000% 060506T93 3.790738 4.998059 918.927882
2B6 281,158.51 6.500000% 060506U26 3.790739 4.998060 918.928051
3B1 2,787,563.37 6.750000% 060506T28 0.942360 5.395397 979.903303
3B2 786,638.22 6.750000% 060506T36 0.942360 5.395397 979.903303
3B3 429,610.40 6.750000% 060506T44 0.942360 5.395397 979.903303
3B4 429,610.40 6.750000% 060506U34 0.942360 5.395397 979.903303
3B5 286,406.93 6.750000% 060506U42 0.942360 5.395397 979.903303
3B6 286,650.14 6.750000% 060506U59 0.942360 5.395399 979.903509
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 275,103,245.99 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8 trust
Bank of America, NA, Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Prin balance 150,004,533.92 55,284,456.04 26,409,521.82
Loan count 378 138 67
Avg loan rate 7.166392% 6.908686% 7.227984%
Prepay amount 27,699,822.01 9,227,434.65 6,007,917.61
Total
-----
Prin balance 231,698,511.78
Loan count 583
Avg loan rate 7.11
Prepay amount 42,935,174.27
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Master serv fees 16,439.69 12,700.09 3,056.31
Sub servicer fees 0.00 0.00 0.00
Trustee fees 296.46 107.96 54.08
Agg advances N/A N/A N/A
Adv this period 0.00 0.00 0.00
Total
-----
Master serv fees 32,196.08
Sub servicer fees 0.00
Trustee fees 458.51
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 2,751,032.46 0.00 0.00
Total
-----
Bankruptcy 0.00
Fraud 0.00
Special Hazard 2,751,032.46
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 87.697220% 100.000000% 241,217,577.51
-----------------------------------------------------------------------------
Junior 12.302780% 0.000000% 33,839,691.27
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 13 5,353,803.85
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 2 631,362.08
Totals: 15 5,985,165.93
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
REO INFORMATION
- --------------------------------------------------------------------------------
REO Date Loan Number Ending Stated Balance Book Value
-------- ----------- --------------------- ----------
N/A # 0 N/A
Totals: 0 N/A
Current Total Outstanding Balance: 423,145.00
Current Total Outstanding Number of Loans: 1
- --------------------------------------------------------------------------------
OTHER INFORMATION
- --------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 44,911,527.55 44,911,527.55
Principal remittance amount 43,537,926.97 43,537,926.97
Interest remittance amount 1,373,600.58 1,373,600.58