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 1999-6 Trust)
(Exact name of registrant as specified in charter)
North Carolina 333-67267-05 13-4067088
(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 1999-6 Trust
On August 25, 2003, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 1999-6 Trust, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of June 1, 1999, 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 1999-6 Trust 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 June
1, 1999.
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 1999-6 Trust
Bank of America, FSB, 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 13,440,756.65 6.250000% 2,944,201.35 65,156.71 3,009,358.06 0.00 4,847.23
A2 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
A3 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
A4 28,781,394.56 6.250000% 6,304,572.18 139,523.47 6,444,095.65 0.00 10,379.62
APO 181,896.96 0.000000% 28,590.21 0.00 28,590.21 0.00 0.00
Residual AR 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 1,807,753.80 6.250000% 11,157.62 8,763.44 19,921.06 0.00 651.94
B2 844,046.76 6.250000% 5,209.53 4,091.68 9,301.22 0.00 304.39
B3 844,046.76 6.250000% 5,209.53 4,091.68 9,301.22 0.00 304.39
B4 482,656.61 6.250000% 2,979.00 2,339.77 5,318.77 0.00 174.06
B5 241,729.85 6.250000% 1,491.98 1,171.83 2,663.81 0.00 87.18
B6 361,976.88 6.250000% 2,234.15 1,754.75 3,988.91 0.00 130.54
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 46,986,258.83 - 9,305,645.55 226,893.35 9,532,538.91 - 16,879.37
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 10,496,555.30 4,847.23
A2 0.00 0.00
A3 0.00 0.00
A4 22,476,822.37 10,379.62
APO 153,306.75 0.00
Residual AR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B1 1,796,596.18 651.94
B2 838,837.23 304.39
B3 838,837.23 304.39
B4 479,677.61 174.06
B5 240,237.87 87.18
B6 359,742.73 130.54
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 37,680,613.27 16,879.37
- --------------------------------------------------------------------------------
Payment Date: 08/25/03
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-6 Trust
Bank of America, FSB, 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 13,440,756.65 6.250000% 060506EW8 31.477675 0.696617 112.223015
A2 0.00 6.250000% 060506EX6 0.000000 0.000000 0.000000
A3 0.00 6.250000% 060506EY4 0.000000 0.000000 0.000000
A4 28,781,394.56 6.250000% 060506EZ1 154.146019 3.411332 549.555559
APO 181,896.96 0.000000% 060506FA5 51.002228 0.000000 273.484751
Residual AR 0.00 6.250000% 060506FB3 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 1,807,753.80 6.250000% 060506FC1 4.956739 3.893133 798.132466
B2 844,046.76 6.250000% 060506FD9 4.956739 3.893133 798.132471
B3 844,046.76 6.250000% 060506FE7 4.956739 3.893133 798.132471
B4 482,656.61 6.250000% 060506FF4 4.956739 3.893133 798.132464
B5 241,729.85 6.250000% 060506FG2 4.956739 3.893133 798.132468
B6 361,976.88 6.250000% 060506FH0 4.956739 3.893133 798.132458
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 46,986,258.83 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-6 Trust
Bank of America, FSB, Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 37,680,612.62 37,680,612.62
Loan count 138 138
Avg loan rate 6.723391% 6.72
Prepay amount 9,015,681.60 9,015,681.60
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 0.00 0.00
Sub servicer fees 0.00 0.00
Trustee fees 156.62 156.62
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 0.00 0.00
Fraud 3,000,863.98 3,000,863.98
Special Hazard 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 90.302119% 100.000000% 42,404,048.16
-----------------------------------------------------------------------------
Junior 9.697881% 0.000000% 4,553,928.85
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 2 542,534.32
60 to 89 days 1 442,930.95
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 3 985,465.27
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 9,532,538.91 9,532,538.91
Principal remittance amount 9,305,645.55 9,305,645.55
Interest remittance amount 226,893.35 226,893.35