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): August 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 August 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 August
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: August 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 August 25, 2003
Payment Date: 08/25/03
------------------------------------------------------------
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 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-3 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-4 12,780,350.87 6.000000% 12,780,350.87 63,678.80 12,844,029.67 0.00 222.96
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 5,590.01 5,590.01 0.00 19.57
1-A-7 4,218,000.00 5.500000% 0.00 19,265.05 19,265.05 0.00 67.45
1-A-8 2,862,000.00 5.500000% 0.00 13,071.73 13,071.73 0.00 45.77
1-A-9 3,013,000.00 5.500000% 0.00 13,761.40 13,761.40 0.00 48.18
1-A-10 1,657,000.00 5.500000% 0.00 7,568.09 7,568.09 0.00 26.50
1-A-11 755,000.00 5.500000% 0.00 3,448.34 3,448.34 0.00 12.07
1-A-12 958,000.00 5.500000% 0.00 4,375.51 4,375.51 0.00 15.32
1-A-13 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-14 3,200,000.00 6.000000% 3,200,000.00 15,944.17 3,215,944.17 0.00 55.83
1-A-15 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-16 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-17 16,720,068.21 1.750000% 3,813,686.30 24,298.36 3,837,984.66 0.00 85.08
1-A-18 16,720,068.21 6.750000% 0.00 93,722.24 93,722.24 0.00 328.15
1-A-19 7,590,077.38 5.750000% 2,006,492.46 36,242.23 2,042,734.69 0.00 126.89
1-A-20 0.00 4.750000% 0.00 0.00 0.00 0.00 0.00
1-A-21 30,073,848.73 4.750000% 6,859,554.84 118,626.97 6,978,181.81 0.00 415.35
1-A-22 5,873,750.18 5.750000% 1,754,480.66 28,046.85 1,782,527.51 0.00 98.20
1-A-23 261,520.49 5.750000% 78,115.79 1,248.75 79,364.54 0.00 4.37
1-A-24 797,000.00 5.750000% 0.00 3,805.63 3,805.63 0.00 13.32
1-A-25 2,309,091.00 5.750000% 0.00 11,025.79 11,025.79 0.00 38.60
1-A-26 15,000,000.00 6.000000% 0.00 74,738.32 74,738.32 0.00 261.68
1-A-27 49,048,061.44 3.000000% 12,389,860.25 122,192.32 12,512,052.58 0.00 427.83
1-A-28 38,080,014.66 2.750000% 5,623,805.09 86,962.22 5,710,767.31 0.00 304.48
1-A-29 8,636,000.00 4.500000% 0.00 32,272.01 32,272.01 0.00 112.99
1-A-30 1,543,074.00 4.750000% 0.00 6,086.69 6,086.69 0.00 21.31
1-A-31 11,356,926.00 5.250000% 0.00 49,513.19 49,513.19 0.00 173.36
1-A-32 75,000,000.00 5.500000% 0.00 342,550.63 342,550.63 0.00 1,199.37
1-A-33 15,817,000.00 6.000000% 0.00 78,809.07 78,809.07 0.00 275.93
1-A-34 250,000.00 6.000000% 0.00 1,245.64 1,245.64 0.00 4.36
1-A-35 55,300,794.83 6.000000% 0.00 275,539.23 275,539.23 0.00 964.74
Residual 1-A-R 0.00 6.000000% 0.00 1.42 1.42 0.00 0.00
1-A-LR 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-WIO 299,501,952.70 0.312009% 0.00 77,601.18 77,601.18 0.00 271.70
2-A-1 37,691,629.84 5.000000% 5,016,388.79 157,048.46 5,173,437.25 0.00 0.00
2-A-2 4,066,873.61 5.500000% 3,053,739.18 18,639.84 3,072,379.02 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 6,392,203.25 1.600000% 850,739.99 8,522.94 859,262.93 0.00 0.00
2-A-6 6,392,203.25 6.900000% 0.00 36,755.17 36,755.17 0.00 0.00
2-A-7 661,590.57 5.000000% 88,051.26 2,756.63 90,807.89 0.00 0.00
2-A-WIO 68,785,002.87 0.393463% 0.00 22,553.64 22,553.64 0.00 0.00
1-A-PO 247,708.63 0.000000% 21,273.88 0.00 21,273.88 0.00 0.00
1-SES 0.00 0.000000% 0.00 11,584.60 11,584.60 0.00 53,532.98
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 6,202,943.44 6.000000% 6,151.42 30,906.50 37,057.92 0.00 108.21
1-B-2 2,977,531.83 6.000000% 2,952.80 14,835.72 17,788.51 0.00 51.94
1-B-3 1,488,270.16 6.000000% 1,475.91 7,415.39 8,891.29 0.00 25.96
1-B-4 992,510.61 6.000000% 984.27 4,945.24 5,929.50 0.00 17.31
1-B-5 744,630.84 6.000000% 738.45 3,710.16 4,448.61 0.00 12.99
1-B-6 744,615.38 6.000000% 738.43 3,710.09 4,448.52 0.00 12.99
2-B-1 1,017,267.14 5.500000% 3,966.05 4,662.47 8,628.53 0.00 0.00
2-B-2 291,062.17 5.500000% 1,134.77 1,334.03 2,468.81 0.00 0.00
2-B-3 217,571.39 5.500000% 848.25 997.20 1,845.45 0.00 0.00
2-B-4 72,523.80 5.500000% 282.75 332.40 615.15 0.00 0.00
2-B-5 72,523.80 5.500000% 282.75 332.40 615.15 0.00 0.00
2-B-6 145,955.92 5.500000% 569.00 668.96 1,237.97 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 390,705,195.35 - 57,556,664.22 2,029,467.86 59,586,132.08 - 59,403.76
- ----------------------------------------------------------------------------------------------------------------------------------
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 0.00 222.96
1-A-5 0.00 0.00
1-A-6 1,121,916.67 19.57
1-A-7 4,218,000.00 67.45
1-A-8 2,862,000.00 45.77
1-A-9 3,013,000.00 48.18
1-A-10 1,657,000.00 26.50
1-A-11 755,000.00 12.07
1-A-12 958,000.00 15.32
1-A-13 0.00 0.00
1-A-14 0.00 55.83
1-A-15 0.00 0.00
1-A-16 0.00 0.00
1-A-17 12,906,381.91 85.08
1-A-18 12,906,381.91 328.15
1-A-19 5,583,584.91 126.89
1-A-20 0.00 0.00
1-A-21 23,214,293.89 415.35
1-A-22 4,119,269.52 98.20
1-A-23 183,404.70 4.37
1-A-24 797,000.00 13.32
1-A-25 2,309,091.00 38.60
1-A-26 15,000,000.00 261.68
1-A-27 36,658,201.19 427.83
1-A-28 32,456,209.57 304.48
1-A-29 8,636,000.00 112.99
1-A-30 1,543,074.00 21.31
1-A-31 11,356,926.00 173.36
1-A-32 75,000,000.00 1,199.37
1-A-33 15,817,000.00 275.93
1-A-34 250,000.00 4.36
1-A-35 46,059,636.94 964.74
Residual 1-A-R 0.00 0.00
1-A-LR 0.00 0.00
1-A-WIO 253,625,745.70 271.70
2-A-1 32,675,241.05 0.00
2-A-2 1,013,134.43 0.00
2-A-3 15,000,000.00 0.00
2-A-4 3,878,000.00 0.00
2-A-5 5,541,463.26 0.00
2-A-6 5,541,463.26 0.00
2-A-7 573,539.31 0.00
2-A-WIO 59,772,164.31 0.00
1-A-PO 226,434.75 0.00
1-SES 0.00 53,532.98
- --------------------------------------------------------------------------------
Subordinate 1-B-1 6,196,792.03 108.21
1-B-2 2,974,579.04 51.94
1-B-3 1,486,794.25 25.96
1-B-4 991,526.35 17.31
1-B-5 743,892.39 12.99
1-B-6 743,876.95 12.99
2-B-1 1,013,301.08 0.00
2-B-2 289,927.40 0.00
2-B-3 216,723.14 0.00
2-B-4 72,241.05 0.00
2-B-5 72,241.05 0.00
2-B-6 145,386.92 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 333,148,531.13 59,403.76
- --------------------------------------------------------------------------------
Payment Date: 08/25/03
------------------------------------------------------------
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 0.00 6.000000% 06050HYK8 0.000000 0.000000 0.000000
1-A-3 0.00 6.000000% 06050HYL6 0.000000 0.000000 0.000000
1-A-4 12,780,350.87 6.000000% 06050HYM4 800.072047 3.986403 0.000000
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 4.982555 1,000.000000
1-A-7 4,218,000.00 5.500000% 06050HYQ5 0.000000 4.567342 1,000.000000
1-A-8 2,862,000.00 5.500000% 06050HYR3 0.000000 4.567342 1,000.000000
1-A-9 3,013,000.00 5.500000% 06050HYS1 0.000000 4.567342 1,000.000000
1-A-10 1,657,000.00 5.500000% 06050HYT9 0.000000 4.567342 1,000.000000
1-A-11 755,000.00 5.500000% 06050HYU6 0.000000 4.567342 1,000.000000
1-A-12 958,000.00 5.500000% 06050HYV4 0.000000 4.567342 1,000.000000
1-A-13 0.00 6.000000% 06050HYW2 0.000000 0.000000 0.000000
1-A-14 3,200,000.00 6.000000% 06050HYX0 800.000000 3.986044 0.000000
1-A-15 0.00 6.000000% 06050HYY8 0.000000 0.000000 0.000000
1-A-16 0.00 6.000000% 06050HYZ5 0.000000 0.000000 0.000000
1-A-17 16,720,068.21 1.750000% 06050HZA9 123.805271 0.788808 418.985198
1-A-18 16,720,068.21 6.750000% 06050HZB7 0.000000 3.042544 418.985198
1-A-19 7,590,077.38 5.750000% 06050HZC5 133.766164 2.416148 372.238994
1-A-20 0.00 4.750000% 06050HZD3 0.000000 0.000000 0.000000
1-A-21 30,073,848.73 4.750000% 06050HZE1 137.191097 2.372539 464.285878
1-A-22 5,873,750.18 5.750000% 06050HZF8 142.028710 2.270449 333.463088
1-A-23 261,520.49 5.750000% 06050HZG6 142.028710 2.270449 333.463088
1-A-24 797,000.00 5.750000% 06050HZH4 0.000000 4.774948 1,000.000000
1-A-25 2,309,091.00 5.750000% 06050HZJ0 0.000000 4.774948 1,000.000000
1-A-26 15,000,000.00 6.000000% 06050HZK7 0.000000 4.982555 1,000.000000
1-A-27 49,048,061.44 3.000000% 06050HZL5 232.551152 2.293486 688.055129
1-A-28 38,080,014.66 2.750000% 06050HZM3 140.595127 2.174056 811.405239
1-A-29 8,636,000.00 4.500000% 06050HZN1 0.000000 3.736916 1,000.000000
1-A-30 1,543,074.00 4.750000% 06050HZP6 0.000000 3.944522 1,000.000000
1-A-31 11,356,926.00 5.250000% 06050HZQ4 0.000000 4.359735 1,000.000000
1-A-32 75,000,000.00 5.500000% 06050HZR2 0.000000 4.567342 1,000.000000
1-A-33 15,817,000.00 6.000000% 06050HZS0 0.000000 4.982555 1,000.000000
1-A-34 250,000.00 6.000000% 06050HZT8 0.000000 4.982555 1,000.000000
1-A-35 55,300,794.83 6.000000% 06050HZU5 0.000000 4.713637 787.940144
Residual 1-A-R 0.00 6.000000% 06050HZV3 0.000000 28.499792 0.000000
1-A-LR 0.00 6.000000% 06050HZW1 0.000000 0.000000 0.000000
1-A-WIO299,501,952.70 0.312009% 06050HZX9 0.000000 0.164219 536.721599
2-A-1 37,691,629.84 5.000000% 06050HZY7 60.725008 1.901122 395.544353
2-A-2 4,066,873.61 5.500000% 06050HZZ4 97.221878 0.593436 32.255155
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 6,392,203.25 1.600000% 06050HA40 60.725008 0.608359 395.544353
2-A-6 6,392,203.25 6.900000% 06050HA57 0.000000 2.623549 395.544353
2-A-7 661,590.57 5.000000% 06050HA65 60.725008 1.901122 395.544353
2-A-WIO 68,785,002.87 0.393463% 06050HA73 0.000000 0.151392 401.221501
1-A-PO 247,708.63 0.000000% 06050HA81 73.704995 0.000000 784.500676
1-SES 0.00 0.000000% 06050HC55 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 6,202,943.44 6.000000% 06050HA99 0.983283 4.940298 990.535810
1-B-2 2,977,531.83 6.000000% 06050HB23 0.983283 4.940298 990.535810
1-B-3 1,488,270.16 6.000000% 06050HB31 0.983283 4.940298 990.535810
1-B-4 992,510.61 6.000000% 06050HB72 0.983283 4.940298 990.535810
1-B-5 744,630.84 6.000000% 06050HB80 0.983283 4.940298 990.535810
1-B-6 744,615.38 6.000000% 06050HB98 0.983283 4.940298 990.535810
2-B-1 1,017,267.14 5.500000% 06050HB49 3.770012 4.432010 963.213957
2-B-2 291,062.17 5.500000% 06050HB56 3.770012 4.432010 963.213957
2-B-3 217,571.39 5.500000% 06050HB64 3.770012 4.432010 963.213957
2-B-4 72,523.80 5.500000% 06050HC22 3.770012 4.432010 963.213957
2-B-5 72,523.80 5.500000% 06050HC30 3.770012 4.432010 963.213957
2-B-6 145,955.92 5.500000% 06050HC48 3.769760 4.432015 963.215251
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 390,705,195.35 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
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 272,656,940.03 60,491,590.90 333,148,530.93
Loan count 600 130 730
Avg loan rate 6.539314% 6.142342% 6.47
Prepay amount 48,222,400.95 8,745,013.06 56,967,414.01
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 0.00 14,480.75 14,480.75
Sub servicer fees 0.00 0.00 0.00
Trustee fees 802.99 173.77 976.76
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 96.174084% 100.000000% 375,737,788.86
-----------------------------------------------------------------------------
Junior 3.825916% 0.000000% 14,947,281.64
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 1 453,284.26
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 1 453,284.26
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 59,586,132.08 59,586,132.08
Principal remittance amount 57,556,664.22 57,556,664.22
Interest remittance amount 2,029,467.86 2,029,467.86