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): September 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 September 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
September 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: September 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 September 25, 2003
Payment Date: 09/25/03
------------------------------------------------------------
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 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A3 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A4 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A5 6,988,910.86 6.750000% 6,988,910.86 38,067.62 7,026,978.49 0.00 1,245.00
A6 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A7 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
A8 0.00 1.960000% 0.00 0.00 0.00 0.00 0.00
A9 0.00 25.225714% 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 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
A14 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
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% 12,781,059.60 392,173.97 13,173,233.57 0.00 12,826.03
Residual AR 0.00 6.750000% 0.00 0.01 0.01 0.00 0.00
ALR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
2A1 31,757,889.25 6.500000% 6,033,465.01 172,021.90 6,205,486.91 0.00 0.00
3A1 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
3A2 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
3A3 14,396,860.38 6.750000% 2,747,673.43 80,982.34 2,828,655.77 0.00 0.00
APO 955,146.76 0.000000% 172,399.68 0.00 172,399.68 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 11,994,590.45 6.750000% 11,751.08 65,332.86 77,083.94 0.00 2,136.71
B2 5,292,133.80 6.750000% 5,184.70 28,825.52 34,010.21 0.00 942.74
B3 2,822,601.76 6.750000% 2,765.30 15,374.32 18,139.62 0.00 502.82
B4 1,764,370.61 6.750000% 1,728.55 9,610.28 11,338.83 0.00 314.30
B5 1,411,300.88 6.750000% 1,382.65 7,687.16 9,069.81 0.00 251.41
B6 1,314,390.95 6.750000% 1,287.71 7,159.30 8,447.01 0.00 234.14
2B1 1,800,583.50 6.500000% 7,660.94 9,753.16 17,414.10 0.00 0.00
2B2 969,544.96 6.500000% 4,125.12 5,251.70 9,376.82 0.00 0.00
2B3 554,025.69 6.500000% 2,357.21 3,000.97 5,358.18 0.00 0.00
2B4 277,012.85 6.500000% 1,178.61 1,500.49 2,679.09 0.00 0.00
2B5 277,012.85 6.500000% 1,178.61 1,500.49 2,679.09 0.00 0.00
2B6 277,656.77 6.500000% 1,181.33 1,503.97 2,685.31 0.01 0.00
3B1 2,779,490.61 6.750000% 2,721.56 15,634.63 18,356.19 0.00 0.00
3B2 784,360.12 6.750000% 768.01 4,412.03 5,180.04 0.00 0.00
3B3 428,366.25 6.750000% 419.44 2,409.56 2,829.00 0.00 0.00
3B4 428,366.25 6.750000% 419.44 2,409.56 2,829.00 0.00 0.00
3B5 285,577.50 6.750000% 279.63 1,606.37 1,886.00 0.00 0.00
3B6 285,820.00 6.750000% 279.82 1,607.74 1,887.56 0.05 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 159,846,013.07 - 28,770,178.28 867,825.96 29,638,004.25 0.06 18,453.15
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A1 0.00 0.00
A2 0.00 0.00
A3 0.00 0.00
A4 0.00 0.00
A5 0.00 1,245.00
A6 0.00 0.00
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 0.00
A14 0.00 0.00
A15 0.00 0.00
A16 0.00 0.00
A17 0.00 0.00
A18 0.00 0.00
A19 59,218,940.40 12,826.03
Residual AR 0.00 0.00
ALR 0.00 0.00
2A1 25,724,424.24 0.00
3A1 0.00 0.00
3A2 0.00 0.00
3A3 11,649,186.95 0.00
APO 782,747.08 0.00
- --------------------------------------------------------------------------------
Subordinate B1 11,982,839.37 2,136.71
B2 5,286,949.11 942.74
B3 2,819,836.47 502.82
B4 1,762,642.06 314.30
B5 1,409,918.23 251.41
B6 1,313,103.24 234.14
2B1 1,792,922.56 0.00
2B2 965,419.84 0.00
2B3 551,668.48 0.00
2B4 275,834.24 0.00
2B5 275,834.24 0.00
2B6 276,475.42 0.00
3B1 2,776,769.05 0.00
3B2 783,592.11 0.00
3B3 427,946.81 0.00
3B4 427,946.81 0.00
3B5 285,297.88 0.00
3B6 285,540.14 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 131,075,834.73 18,453.15
- --------------------------------------------------------------------------------
Payment Date: 09/25/03
------------------------------------------------------------
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 0.00 6.750000% 060506P30 0.000000 0.000000 0.000000
A3 0.00 6.750000% 060506P48 0.000000 0.000000 0.000000
A4 0.00 6.750000% 060506P55 0.000000 0.000000 0.000000
A5 6,988,910.86 6.750000% 060506P63 557.952328 3.039089 0.000000
A6 0.00 6.750000% 060506P71 0.000000 0.000000 0.000000
A7 0.00 6.000000% 060506P89 0.000000 0.000000 0.000000
A8 0.00 1.960000% 060506P97 0.000000 0.000000 0.000000
A9 0.00 25.225714% 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 0.00 6.750000% 060506Q62 0.000000 0.000000 0.000000
A14 0.00 6.750000% 060506Q70 0.000000 0.000000 0.000000
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 177.514717 5.446861 822.485283
Residual AR 0.00 6.750000% 060506R53 0.000000 0.263554 0.000000
ALR 0.00 6.750000% 060506R61 0.000000 0.000000 0.000000
2A1 31,757,889.25 6.500000% 060506R79 20.190968 0.575671 86.086688
3A1 0.00 6.750000% 060506R87 0.000000 0.000000 0.000000
3A2 0.00 6.750000% 060506R95 0.000000 0.000000 0.000000
3A3 14,396,860.38 6.750000% 060506S29 189.494720 5.584989 803.392204
APO 955,146.76 0.000000% 060506S37 51.111725 0.000000 232.062800
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 11,994,590.45 6.750000% 060506S45 0.958177 5.327207 977.074313
B2 5,292,133.80 6.750000% 060506S52 0.958177 5.327207 977.074313
B3 2,822,601.76 6.750000% 060506S60 0.958177 5.327207 977.074313
B4 1,764,370.61 6.750000% 060506T51 0.958177 5.327207 977.074313
B5 1,411,300.88 6.750000% 060506T69 0.958177 5.327207 977.074313
B6 1,314,390.95 6.750000% 060506T77 0.892391 4.961454 909.990879
2B1 1,800,583.50 6.500000% 060506S78 3.876993 4.935810 907.349474
2B2 969,544.96 6.500000% 060506S86 3.876993 4.935810 907.349474
2B3 554,025.69 6.500000% 060506S94 3.876993 4.935810 907.349474
2B4 277,012.85 6.500000% 060506T85 3.876993 4.935810 907.349474
2B5 277,012.85 6.500000% 060506T93 3.876993 4.935810 907.349474
2B6 277,656.77 6.500000% 060506U26 3.876959 4.935811 907.349641
3B1 2,779,490.61 6.750000% 060506T28 0.957621 5.501279 977.047520
3B2 784,360.12 6.750000% 060506T36 0.957621 5.501279 977.047520
3B3 428,366.25 6.750000% 060506T44 0.957621 5.501279 977.047520
3B4 428,366.25 6.750000% 060506U34 0.957621 5.501279 977.047520
3B5 285,577.50 6.750000% 060506U42 0.957621 5.501279 977.047520
3B6 285,820.00 6.750000% 060506U59 0.957467 5.501280 977.047726
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 159,846,013.07 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8 trust
Bank of America, NA, Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Prin balance 84,395,040.99 29,965,986.72 16,714,807.02
Loan count 215 76 41
Avg loan rate 7.173704% 6.931827% 7.307529%
Prepay amount 19,855,348.76 5,906,368.56 2,733,796.62
Total
-----
Prin balance 131,075,834.73
Loan count 332
Avg loan rate 7.14
Prepay amount 28,495,513.94
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Master serv fees 778.06 6,035.10 5,965.08
Sub servicer fees 0.00 0.00 0.00
Trustee fees 173.92 60.04 32.45
Agg advances N/A N/A N/A
Adv this period 0.00 0.00 0.00
Total
-----
Master serv fees 12,778.23
Sub servicer fees 0.00
Trustee fees 266.41
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 1,806,311.78 0.00 0.00
Total
-----
Bankruptcy 0.00
Fraud 0.00
Special Hazard 1,806,311.78
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 78.910717% 100.000000% 126,098,807.25
-----------------------------------------------------------------------------
Junior 21.089283% 0.000000% 33,700,536.07
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 7 2,537,813.13
60 to 89 days 1 390,621.92
90 or more 3 1,190,870.54
Foreclosure 1 432,858.38
Totals: 12 4,552,163.97
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 29,638,004.25 29,638,004.25
Principal remittance amount 28,770,178.28 28,770,178.28
Interest remittance amount 867,825.96 867,825.96