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 2002-10)
(Exact name of registrant as specified in charter)
Delaware 333-97547-06 61-1430166/0169
(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 2002-10
On June 25, 2003, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2002-10, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of October 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 2002-10 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 October 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: 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 2002-10
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 1-A-1 17,302,065.92 6.000000% 17,302,065.92 86,510.33 17,388,576.25 0.00 0.00
1-A-2 6,842,000.00 6.000000% 5,580,657.88 34,210.00 5,614,867.88 0.00 0.00
1-A-3 5,537,000.00 6.000000% 0.00 27,685.00 27,685.00 0.00 0.00
1-A-4 15,974,000.00 6.000000% 0.00 79,870.00 79,870.00 0.00 0.00
1-A-5 1,250,000.00 6.000000% 1,250,000.00 6,250.00 1,256,250.00 0.00 0.00
1-A-6 1,121,916.67 6.000000% 0.00 5,609.58 5,609.58 0.00 0.00
1-A-7 4,218,000.00 5.500000% 0.00 19,332.50 19,332.50 0.00 0.00
1-A-8 2,862,000.00 5.500000% 0.00 13,117.50 13,117.50 0.00 0.00
1-A-9 3,013,000.00 5.500000% 0.00 13,809.58 13,809.58 0.00 0.00
1-A-10 1,657,000.00 5.500000% 0.00 7,594.58 7,594.58 0.00 0.00
1-A-11 755,000.00 5.500000% 0.00 3,460.42 3,460.42 0.00 0.00
1-A-12 958,000.00 5.500000% 0.00 4,390.83 4,390.83 0.00 0.00
1-A-13 2,000,000.00 6.000000% 1,632,000.00 10,000.00 1,642,000.00 0.00 0.00
1-A-14 4,000,000.00 6.000000% 0.00 20,000.00 20,000.00 0.00 0.00
1-A-15 6,000,000.00 6.000000% 0.00 30,000.00 30,000.00 0.00 0.00
1-A-16 6,000,000.00 6.000000% 0.00 30,000.00 30,000.00 0.00 0.00
1-A-17 22,420,028.09 1.970000% 2,991,959.66 36,806.21 3,028,765.88 0.00 0.00
1-A-18 22,420,028.09 6.530000% 0.00 122,002.32 122,002.32 0.00 0.00
1-A-19 10,588,993.82 5.750000% 1,574,157.93 50,738.93 1,624,896.85 0.00 0.00
1-A-20 0.00 4.750000% 0.00 0.00 0.00 0.00 0.00
1-A-21 40,326,183.17 4.750000% 5,381,541.58 159,624.48 5,541,166.06 0.00 0.00
1-A-22 8,496,008.17 5.750000% 1,376,446.55 40,710.04 1,417,156.59 0.00 0.00
1-A-23 378,272.85 5.750000% 61,284.35 1,812.56 63,096.91 0.00 0.00
1-A-24 797,000.00 5.750000% 0.00 3,818.96 3,818.96 0.00 0.00
1-A-25 2,309,091.00 5.750000% 0.00 11,064.39 11,064.39 0.00 0.00
1-A-26 15,000,000.00 6.000000% 0.00 75,000.00 75,000.00 0.00 0.00
1-A-27 50,343,330.67 3.000000% 622,549.70 125,858.33 748,408.03 0.00 0.00
1-A-28 38,667,942.33 2.750000% 282,577.70 88,614.03 371,191.73 0.00 0.00
1-A-29 8,636,000.00 4.500000% 0.00 32,385.00 32,385.00 0.00 0.00
1-A-30 1,543,074.00 4.750000% 0.00 6,108.00 6,108.00 0.00 0.00
1-A-31 11,356,926.00 5.250000% 0.00 49,686.55 49,686.55 0.00 0.00
1-A-32 75,000,000.00 5.500000% 0.00 343,750.00 343,750.00 0.00 0.00
1-A-33 15,817,000.00 6.000000% 0.00 79,085.00 79,085.00 0.00 0.00
1-A-34 250,000.00 6.000000% 0.00 1,250.00 1,250.00 0.00 0.00
1-A-35 56,266,890.26 6.000000% 0.00 281,334.45 281,334.45 0.00 0.00
Residual 1-A-R 0.00 6.000000% 0.00 2.40 2.40 0.00 0.00
1-A-LR 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-WIO 369,049,635.06 0.317782% 0.00 97,731.20 97,731.20 0.00 0.00
2-A-1 51,312,964.47 5.000000% 5,812,794.57 213,804.02 6,026,598.59 0.00 0.00
2-A-2 12,358,895.02 5.500000% 3,538,553.18 56,644.94 3,595,198.12 0.00 0.00
2-A-3 15,000,000.00 5.500000% 0.00 68,750.00 68,750.00 0.00 0.00
2-A-4 3,878,000.00 5.500000% 0.00 17,774.17 17,774.17 0.00 0.00
2-A-5 8,702,274.21 1.820000% 985,804.13 13,198.45 999,002.58 0.00 0.00
2-A-6 8,702,274.21 6.680000% 0.00 48,442.66 48,442.66 0.00 0.00
2-A-7 900,682.03 5.000000% 102,030.35 3,752.84 105,783.19 0.00 0.00
2-A-WIO 92,760,557.28 0.399558% 0.00 30,886.05 30,886.05 0.00 0.00
1-A-PO 257,754.14 0.000000% 1,623.81 0.00 1,623.81 0.00 0.00
1-SES 0.00 0.000000% 0.00 36,532.19 36,532.19 0.00 44,753.86
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 6,215,085.20 6.000000% 6,025.91 31,075.43 37,101.33 0.00 0.00
1-B-2 2,983,360.11 6.000000% 2,892.55 14,916.80 17,809.35 0.00 0.00
1-B-3 1,491,183.33 6.000000% 1,445.79 7,455.92 8,901.71 0.00 0.00
1-B-4 994,453.37 6.000000% 964.18 4,972.27 5,936.45 0.00 0.00
1-B-5 746,088.39 6.000000% 723.38 3,730.44 4,453.82 0.00 0.00
1-B-6 746,072.90 6.000000% 723.36 3,730.36 4,453.73 0.00 0.00
2-B-1 1,025,203.47 5.500000% 3,946.02 4,698.85 8,644.87 0.00 0.00
2-B-2 293,332.93 5.500000% 1,129.04 1,344.44 2,473.49 0.00 0.00
2-B-3 219,268.80 5.500000% 843.97 1,004.98 1,848.95 0.00 0.00
2-B-4 73,089.60 5.500000% 281.32 334.99 616.32 0.00 0.00
2-B-5 73,089.60 5.500000% 281.32 334.99 616.32 0.00 0.00
2-B-6 147,094.62 5.500000% 566.17 674.18 1,240.35 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 487,715,808.21 - 48,515,870.34 2,563,282.15 51,079,152.49 - 44,753.86
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior 1-A-1 0.00 0.00
1-A-2 1,261,342.12 0.00
1-A-3 5,537,000.00 0.00
1-A-4 15,974,000.00 0.00
1-A-5 0.00 0.00
1-A-6 1,121,916.67 0.00
1-A-7 4,218,000.00 0.00
1-A-8 2,862,000.00 0.00
1-A-9 3,013,000.00 0.00
1-A-10 1,657,000.00 0.00
1-A-11 755,000.00 0.00
1-A-12 958,000.00 0.00
1-A-13 368,000.00 0.00
1-A-14 4,000,000.00 0.00
1-A-15 6,000,000.00 0.00
1-A-16 6,000,000.00 0.00
1-A-17 19,428,068.43 0.00
1-A-18 19,428,068.43 0.00
1-A-19 9,014,835.89 0.00
1-A-20 0.00 0.00
1-A-21 34,944,641.59 0.00
1-A-22 7,119,561.62 0.00
1-A-23 316,988.50 0.00
1-A-24 797,000.00 0.00
1-A-25 2,309,091.00 0.00
1-A-26 15,000,000.00 0.00
1-A-27 49,720,780.96 0.00
1-A-28 38,385,364.64 0.00
1-A-29 8,636,000.00 0.00
1-A-30 1,543,074.00 0.00
1-A-31 11,356,926.00 0.00
1-A-32 75,000,000.00 0.00
1-A-33 15,817,000.00 0.00
1-A-34 250,000.00 0.00
1-A-35 55,802,552.49 0.00
Residual 1-A-R 0.00 0.00
1-A-LR 0.00 0.00
1-A-WIO 333,571,838.95 0.00
2-A-1 45,500,169.90 0.00
2-A-2 8,820,341.83 0.00
2-A-3 15,000,000.00 0.00
2-A-4 3,878,000.00 0.00
2-A-5 7,716,470.08 0.00
2-A-6 7,716,470.08 0.00
2-A-7 798,651.68 0.00
2-A-WIO 82,319,673.16 0.00
1-A-PO 256,130.33 0.00
1-SES 0.00 44,753.86
- --------------------------------------------------------------------------------
Subordinate 1-B-1 6,209,059.29 0.00
1-B-2 2,980,467.56 0.00
1-B-3 1,489,737.53 0.00
1-B-4 993,489.19 0.00
1-B-5 745,365.01 0.00
1-B-6 745,349.54 0.00
2-B-1 1,021,257.45 0.00
2-B-2 292,203.89 0.00
2-B-3 218,424.83 0.00
2-B-4 72,808.28 0.00
2-B-5 72,808.28 0.00
2-B-6 146,528.45 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 439,199,937.86 44,753.86
- --------------------------------------------------------------------------------
Payment Date: 06/25/03
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-10
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 1-A-1 17,302,065.92 6.000000% 06050HYJ1 208.413427 1.042067 0.000000
1-A-2 6,842,000.00 6.000000% 06050HYK8 815.647161 5.000000 184.352839
1-A-3 5,537,000.00 6.000000% 06050HYL6 0.000000 5.000000 1,000.000000
1-A-4 15,974,000.00 6.000000% 06050HYM4 0.000000 5.000000 1,000.000000
1-A-5 1,250,000.00 6.000000% 06050HYN2 208.333333 1.041667 0.000000
1-A-6 1,121,916.67 6.000000% 06050HYP7 0.000000 5.000000 1,000.000000
1-A-7 4,218,000.00 5.500000% 06050HYQ5 0.000000 4.583333 1,000.000000
1-A-8 2,862,000.00 5.500000% 06050HYR3 0.000000 4.583333 1,000.000000
1-A-9 3,013,000.00 5.500000% 06050HYS1 0.000000 4.583333 1,000.000000
1-A-10 1,657,000.00 5.500000% 06050HYT9 0.000000 4.583333 1,000.000000
1-A-11 755,000.00 5.500000% 06050HYU6 0.000000 4.583333 1,000.000000
1-A-12 958,000.00 5.500000% 06050HYV4 0.000000 4.583333 1,000.000000
1-A-13 2,000,000.00 6.000000% 06050HYW2 816.000000 5.000000 184.000000
1-A-14 4,000,000.00 6.000000% 06050HYX0 0.000000 5.000000 1,000.000000
1-A-15 6,000,000.00 6.000000% 06050HYY8 0.000000 5.000000 1,000.000000
1-A-16 6,000,000.00 6.000000% 06050HYZ5 0.000000 5.000000 1,000.000000
1-A-17 22,420,028.09 1.970000% 06050HZA9 97.129220 1.194855 630.701397
1-A-18 22,420,028.09 6.530000% 06050HZB7 0.000000 3.960612 630.701397
1-A-19 10,588,993.82 5.750000% 06050HZC5 104.943862 3.382595 600.989059
1-A-20 0.00 4.750000% 06050HZD3 0.000000 0.000000 0.000000
1-A-21 40,326,183.17 4.750000% 06050HZE1 107.630832 3.192490 698.892832
1-A-22 8,496,008.17 5.750000% 06050HZF8 111.426095 3.295559 576.342720
1-A-23 378,272.85 5.750000% 06050HZG6 111.426095 3.295559 576.342720
1-A-24 797,000.00 5.750000% 06050HZH4 0.000000 4.791667 1,000.000000
1-A-25 2,309,091.00 5.750000% 06050HZJ0 0.000000 4.791667 1,000.000000
1-A-26 15,000,000.00 6.000000% 06050HZK7 0.000000 5.000000 1,000.000000
1-A-27 50,343,330.67 3.000000% 06050HZL5 11.684930 2.362295 933.232872
1-A-28 38,667,942.33 2.750000% 06050HZM3 7.064442 2.215351 959.634116
1-A-29 8,636,000.00 4.500000% 06050HZN1 0.000000 3.750000 1,000.000000
1-A-30 1,543,074.00 4.750000% 06050HZP6 0.000000 3.958333 1,000.000000
1-A-31 11,356,926.00 5.250000% 06050HZQ4 0.000000 4.375000 1,000.000000
1-A-32 75,000,000.00 5.500000% 06050HZR2 0.000000 4.583333 1,000.000000
1-A-33 15,817,000.00 6.000000% 06050HZS0 0.000000 5.000000 1,000.000000
1-A-34 250,000.00 6.000000% 06050HZT8 0.000000 5.000000 1,000.000000
1-A-35 56,266,890.26 6.000000% 06050HZU5 0.000000 4.812776 954.611764
Residual 1-A-R 0.00 6.000000% 06050HZV3 0.000000 48.001402 0.000000
1-A-LR 0.00 6.000000% 06050HZW1 0.000000 0.000000 0.000000
1-A-WIO369,049,635.06 0.317782% 06050HZX9 0.000000 0.206818 705.903142
2-A-1 51,312,964.47 5.000000% 06050HZY7 70.365757 2.588167 550.794262
2-A-2 12,358,895.02 5.500000% 06050HZZ4 112.656899 1.803405 280.813175
2-A-3 15,000,000.00 5.500000% 06050HA24 0.000000 4.583333 1,000.000000
2-A-4 3,878,000.00 5.500000% 06050HA32 0.000000 4.583333 1,000.000000
2-A-5 8,702,274.21 1.820000% 06050HA40 70.365757 0.942093 550.794262
2-A-6 8,702,274.21 6.680000% 06050HA57 0.000000 3.457791 550.794262
2-A-7 900,682.03 5.000000% 06050HA65 70.365757 2.588167 550.794262
2-A-WIO 92,760,557.28 0.399558% 06050HA73 0.000000 0.207323 552.571974
1-A-PO 257,754.14 0.000000% 06050HA81 5.625816 0.000000 887.383279
1-SES 0.00 0.000000% 06050HC55 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 6,215,085.20 6.000000% 06050HA99 0.963221 4.967300 992.496689
1-B-2 2,983,360.11 6.000000% 06050HB23 0.963221 4.967300 992.496689
1-B-3 1,491,183.33 6.000000% 06050HB31 0.963221 4.967300 992.496689
1-B-4 994,453.37 6.000000% 06050HB72 0.963221 4.967300 992.496689
1-B-5 746,088.39 6.000000% 06050HB80 0.963221 4.967300 992.496689
1-B-6 746,072.90 6.000000% 06050HB98 0.963221 4.967300 992.496689
2-B-1 1,025,203.47 5.500000% 06050HB49 3.750974 4.466587 970.777043
2-B-2 293,332.93 5.500000% 06050HB56 3.750974 4.466587 970.777043
2-B-3 219,268.80 5.500000% 06050HB64 3.750974 4.466587 970.777043
2-B-4 73,089.60 5.500000% 06050HC22 3.750974 4.466587 970.777043
2-B-5 73,089.60 5.500000% 06050HC30 3.750974 4.466587 970.777043
2-B-6 147,094.62 5.500000% 06050HC48 3.750978 4.466592 970.778089
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 487,715,808.21 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-10
Bank of America, N.A., Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 355,662,314.15 83,538,329.23 439,200,643.38
Loan count 770 175 945
Avg loan rate 6.546944% 6.147316% 6.47
Prepay amount 37,687,644.75 10,084,484.95 47,772,129.70
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 34,583.55 1,948.64 36,532.19
Sub servicer fees 0.00 0.00 0.00
Trustee fees 984.33 234.96 1,219.29
Agg advances N/A N/A N/A
Adv this period 0.00 0.00 0.00
- --------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
- --------------------------------------------------------------------------------
Total
-----
Realized losses 0.00 0.00 0.00
Cumulative losses 0.00 0.00 0.00
Coverage Amounts Total
- ---------------- -----
Bankruptcy 0.00 0.00 0.00
Fraud 0.00 0.00 0.00
Special Hazard 0.00 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 96.926877% 100.000000% 472,708,485.88
-----------------------------------------------------------------------------
Junior 3.073123% 0.000000% 14,987,499.30
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 1 344,440.30
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 1 344,440.30
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 51,079,152.49 51,079,152.49
Principal remittance amount 48,515,870.34 48,515,870.34
Interest remittance amount 2,563,282.15 2,563,282.15