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): July 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 July 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 July 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: July 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 July 25, 2003
Payment Date: 07/25/03
------------------------------------------------------------
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 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-2 1,261,342.12 6.000000% 1,261,342.12 6,306.71 1,267,648.84 0.00 0.00
1-A-3 5,537,000.00 6.000000% 5,537,000.00 27,685.00 5,564,685.00 0.00 0.00
1-A-4 15,974,000.00 6.000000% 3,193,649.13 79,870.00 3,273,519.13 0.00 0.00
1-A-5 0.00 6.000000% 0.00 0.00 0.00 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-13 368,000.00 6.000000% 368,000.00 1,840.00 369,840.00 0.00 0.00
1-A-14 4,000,000.00 6.000000% 800,000.00 20,000.00 820,000.00 0.00 0.00
1-A-15 6,000,000.00 6.000000% 6,000,000.00 30,000.00 6,030,000.00 0.00 0.00
1-A-16 6,000,000.00 6.000000% 6,000,000.00 30,000.00 6,030,000.00 0.00 0.00
1-A-17 19,428,068.43 1.685000% 2,708,000.22 27,280.25 2,735,280.46 0.00 0.00
1-A-18 19,428,068.43 6.815000% 0.00 110,335.24 110,335.24 0.00 0.00
1-A-19 9,014,835.89 5.750000% 1,424,758.52 43,196.09 1,467,954.60 0.00 0.00
1-A-20 0.00 4.750000% 0.00 0.00 0.00 0.00 0.00
1-A-21 34,944,641.59 4.750000% 4,870,792.86 138,322.54 5,009,115.40 0.00 0.00
1-A-22 7,119,561.62 5.750000% 1,245,811.44 34,114.57 1,279,926.00 0.00 0.00
1-A-23 316,988.50 5.750000% 55,468.01 1,518.90 56,986.91 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 49,720,780.96 3.000000% 672,719.53 124,301.95 797,021.48 0.00 0.00
1-A-28 38,385,364.64 2.750000% 305,349.97 87,966.46 393,316.43 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 55,802,552.49 6.000000% 0.00 279,012.76 279,012.76 0.00 0.00
Residual 1-A-R 0.00 6.000000% 0.00 3.56 3.56 0.00 0.00
1-A-LR 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-WIO 333,571,838.95 0.315284% 0.00 87,641.61 87,641.61 0.00 0.00
2-A-1 45,500,169.90 5.000000% 7,808,540.06 184,671.23 7,993,211.29 0.00 4,912.81
2-A-2 8,820,341.83 5.500000% 4,753,468.23 39,378.97 4,792,847.19 0.00 1,047.60
2-A-3 15,000,000.00 5.500000% 0.00 66,968.44 66,968.44 0.00 1,781.56
2-A-4 3,878,000.00 5.500000% 0.00 17,313.57 17,313.57 0.00 460.59
2-A-5 7,716,470.08 1.535000% 1,324,266.83 9,614.87 1,333,881.70 0.00 255.78
2-A-6 7,716,470.08 6.965000% 0.00 43,627.07 43,627.07 0.00 1,160.61
2-A-7 798,651.68 5.000000% 137,061.11 3,241.48 140,302.59 0.00 86.23
2-A-WIO 82,319,673.16 0.396196% 0.00 26,474.60 26,474.60 0.00 704.30
1-A-PO 256,130.33 0.000000% 8,421.69 0.00 8,421.69 0.00 0.00
1-SES 0.00 0.000000% 0.00 29,216.53 29,216.53 0.00 43,983.58
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 6,209,059.29 6.000000% 6,115.85 31,045.30 37,161.14 0.00 0.00
1-B-2 2,980,467.56 6.000000% 2,935.72 14,902.34 17,838.06 0.00 0.00
1-B-3 1,489,737.53 6.000000% 1,467.37 7,448.69 8,916.06 0.00 0.00
1-B-4 993,489.19 6.000000% 978.57 4,967.45 5,946.02 0.00 0.00
1-B-5 745,365.01 6.000000% 734.18 3,726.83 4,461.00 0.00 0.00
1-B-6 745,349.54 6.000000% 734.16 3,726.75 4,460.91 0.00 0.00
2-B-1 1,021,257.45 5.500000% 3,990.31 4,559.47 8,549.78 0.00 121.30
2-B-2 292,203.89 5.500000% 1,141.72 1,304.56 2,446.28 0.00 34.71
2-B-3 218,424.83 5.500000% 853.44 975.17 1,828.61 0.00 25.94
2-B-4 72,808.28 5.500000% 284.48 325.06 609.54 0.00 8.65
2-B-5 72,808.28 5.500000% 284.48 325.06 609.54 0.00 8.65
2-B-6 146,528.45 5.500000% 572.52 654.19 1,226.71 0.00 17.40
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 439,199,937.86 - 48,494,742.52 2,293,326.13 50,788,068.65 - 54,609.72
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior 1-A-1 0.00 0.00
1-A-2 0.00 0.00
1-A-3 0.00 0.00
1-A-4 12,780,350.87 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 0.00 0.00
1-A-14 3,200,000.00 0.00
1-A-15 0.00 0.00
1-A-16 0.00 0.00
1-A-17 16,720,068.21 0.00
1-A-18 16,720,068.21 0.00
1-A-19 7,590,077.38 0.00
1-A-20 0.00 0.00
1-A-21 30,073,848.73 0.00
1-A-22 5,873,750.18 0.00
1-A-23 261,520.49 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 49,048,061.44 0.00
1-A-28 38,080,014.66 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 55,300,794.83 0.00
Residual 1-A-R 0.00 0.00
1-A-LR 0.00 0.00
1-A-WIO 299,501,952.70 0.00
2-A-1 37,691,629.84 4,912.81
2-A-2 4,066,873.61 1,047.60
2-A-3 15,000,000.00 1,781.56
2-A-4 3,878,000.00 460.59
2-A-5 6,392,203.25 255.78
2-A-6 6,392,203.25 1,160.61
2-A-7 661,590.57 86.23
2-A-WIO 68,785,002.87 704.30
1-A-PO 247,708.63 0.00
1-SES 0.00 43,983.58
- --------------------------------------------------------------------------------
Subordinate 1-B-1 6,202,943.44 0.00
1-B-2 2,977,531.83 0.00
1-B-3 1,488,270.16 0.00
1-B-4 992,510.61 0.00
1-B-5 744,630.84 0.00
1-B-6 744,615.38 0.00
2-B-1 1,017,267.14 121.30
2-B-2 291,062.17 34.71
2-B-3 217,571.39 25.94
2-B-4 72,523.80 8.65
2-B-5 72,523.80 8.65
2-B-6 145,955.92 17.40
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 390,705,195.35 54,609.72
- --------------------------------------------------------------------------------
Payment Date: 07/25/03
------------------------------------------------------------
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 0.00 6.000000% 06050HYJ1 0.000000 0.000000 0.000000
1-A-2 1,261,342.12 6.000000% 06050HYK8 184.352839 0.921764 0.000000
1-A-3 5,537,000.00 6.000000% 06050HYL6 1,000.000000 5.000000 0.000000
1-A-4 15,974,000.00 6.000000% 06050HYM4 199.927953 5.000000 800.072047
1-A-5 0.00 6.000000% 06050HYN2 0.000000 0.000000 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-13 368,000.00 6.000000% 06050HYW2 184.000000 0.920000 0.000000
1-A-14 4,000,000.00 6.000000% 06050HYX0 200.000000 5.000000 800.000000
1-A-15 6,000,000.00 6.000000% 06050HYY8 1,000.000000 5.000000 0.000000
1-A-16 6,000,000.00 6.000000% 06050HYZ5 1,000.000000 5.000000 0.000000
1-A-17 19,428,068.43 1.685000% 06050HZA9 87.910928 0.885610 542.790469
1-A-18 19,428,068.43 6.815000% 06050HZB7 0.000000 3.581858 542.790469
1-A-19 9,014,835.89 5.750000% 06050HZC5 94.983901 2.879739 506.005158
1-A-20 0.00 4.750000% 06050HZD3 0.000000 0.000000 0.000000
1-A-21 34,944,641.59 4.750000% 06050HZE1 97.415857 2.766451 601.476975
1-A-22 7,119,561.62 5.750000% 06050HZF8 100.850922 2.761642 475.491798
1-A-23 316,988.50 5.750000% 06050HZG6 100.850922 2.761642 475.491798
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 49,720,780.96 3.000000% 06050HZL5 12.626591 2.333082 920.606281
1-A-28 38,385,364.64 2.750000% 06050HZM3 7.633749 2.199162 952.000367
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 55,802,552.49 6.000000% 06050HZU5 0.000000 4.773059 946.028218
Residual 1-A-R 0.00 6.000000% 06050HZV3 0.000000 71.177506 0.000000
1-A-LR 0.00 6.000000% 06050HZW1 0.000000 0.000000 0.000000
1-A-WIO333,571,838.95 0.315284% 06050HZX9 0.000000 0.185467 633.804610
2-A-1 45,500,169.90 5.000000% 06050HZY7 94.524901 2.235505 456.269361
2-A-2 8,820,341.83 5.500000% 06050HZZ4 151.336142 1.253708 129.477033
2-A-3 15,000,000.00 5.500000% 06050HA24 0.000000 4.464563 1,000.000000
2-A-4 3,878,000.00 5.500000% 06050HA32 0.000000 4.464563 1,000.000000
2-A-5 7,716,470.08 1.535000% 06050HA40 94.524901 0.686300 456.269361
2-A-6 7,716,470.08 6.965000% 06050HA57 0.000000 3.114058 456.269361
2-A-7 798,651.68 5.000000% 06050HA65 94.524901 2.235505 456.269361
2-A-WIO 82,319,673.16 0.396196% 06050HA73 0.000000 0.177711 461.720308
1-A-PO 256,130.33 0.000000% 06050HA81 29.177608 0.000000 858.205671
1-SES 0.00 0.000000% 06050HC55 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 6,209,059.29 6.000000% 06050HA99 0.977597 4.962483 991.519093
1-B-2 2,980,467.56 6.000000% 06050HB23 0.977597 4.962483 991.519093
1-B-3 1,489,737.53 6.000000% 06050HB31 0.977597 4.962483 991.519093
1-B-4 993,489.19 6.000000% 06050HB72 0.977597 4.962483 991.519093
1-B-5 745,365.01 6.000000% 06050HB80 0.977597 4.962483 991.519093
1-B-6 745,349.54 6.000000% 06050HB98 0.977597 4.962483 991.519093
2-B-1 1,021,257.45 5.500000% 06050HB49 3.793074 4.334095 966.983969
2-B-2 292,203.89 5.500000% 06050HB56 3.793074 4.334095 966.983969
2-B-3 218,424.83 5.500000% 06050HB64 3.793074 4.334095 966.983969
2-B-4 72,808.28 5.500000% 06050HC22 3.793074 4.334095 966.983969
2-B-5 72,808.28 5.500000% 06050HC30 3.793074 4.334095 966.983969
2-B-6 146,528.45 5.500000% 06050HC48 3.793078 4.334099 966.985011
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 439,199,937.86 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
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 321,197,887.90 69,507,595.47 390,705,483.37
Loan count 700 149 849
Avg loan rate 6.544392% 6.143372% 6.47
Prepay amount 34,114,085.30 13,704,328.23 47,818,413.53
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 29,216.53 0.00 29,216.53
Sub servicer fees 0.00 0.00 0.00
Trustee fees 889.16 208.85 1,098.00
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 96.591964% 100.000000% 424,212,438.57
-----------------------------------------------------------------------------
Junior 3.408036% 0.000000% 14,967,406.49
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 5 2,251,498.95
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 5 2,251,498.95
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 50,788,068.65 50,788,068.65
Principal remittance amount 48,494,742.52 48,494,742.52
Interest remittance amount 2,293,326.13 2,293,326.13