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 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 September 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
September 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: 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 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 0.00 6.000000% 0.00 0.00 0.00 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 5,570.50 5,570.50 0.00 39.08
1-A-7 4,218,000.00 5.500000% 0.00 19,197.81 19,197.81 0.00 134.69
1-A-8 2,862,000.00 5.500000% 0.00 13,026.11 13,026.11 0.00 91.39
1-A-9 3,013,000.00 5.500000% 0.00 13,713.37 13,713.37 0.00 96.21
1-A-10 1,657,000.00 5.500000% 0.00 7,541.67 7,541.67 0.00 52.91
1-A-11 755,000.00 5.500000% 0.00 3,436.31 3,436.31 0.00 24.11
1-A-12 958,000.00 5.500000% 0.00 4,360.24 4,360.24 0.00 30.59
1-A-13 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-14 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
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 12,906,381.91 1.760000% 3,067,786.12 18,797.48 3,086,583.59 0.00 131.88
1-A-18 12,906,381.91 6.740000% 0.00 71,985.79 71,985.79 0.00 505.05
1-A-19 5,583,584.91 5.750000% 1,614,052.45 26,568.28 1,640,620.73 0.00 186.40
1-A-20 0.00 4.750000% 0.00 0.00 0.00 0.00 0.00
1-A-21 23,214,293.89 4.750000% 5,517,928.18 91,249.71 5,609,177.89 0.00 640.21
1-A-22 4,119,269.52 5.750000% 1,411,330.40 19,600.65 1,430,931.05 0.00 137.52
1-A-23 183,404.70 5.750000% 62,837.51 872.69 63,710.20 0.00 6.12
1-A-24 797,000.00 5.750000% 0.00 3,792.35 3,792.35 0.00 26.61
1-A-25 2,309,091.00 5.750000% 0.00 10,987.31 10,987.31 0.00 77.09
1-A-26 15,000,000.00 6.000000% 0.00 74,477.47 74,477.47 0.00 522.53
1-A-27 36,658,201.19 3.000000% 18,808,345.24 91,007.00 18,899,352.24 0.00 638.50
1-A-28 32,456,209.57 2.750000% 8,537,180.05 73,860.61 8,611,040.66 0.00 518.20
1-A-29 8,636,000.00 4.500000% 0.00 32,159.37 32,159.37 0.00 225.63
1-A-30 1,543,074.00 4.750000% 0.00 6,065.45 6,065.45 0.00 42.56
1-A-31 11,356,926.00 5.250000% 0.00 49,340.38 49,340.38 0.00 346.17
1-A-32 75,000,000.00 5.500000% 0.00 341,355.06 341,355.06 0.00 2,394.94
1-A-33 15,817,000.00 6.000000% 0.00 78,534.01 78,534.01 0.00 550.99
1-A-34 250,000.00 6.000000% 0.00 1,241.29 1,241.29 0.00 8.71
1-A-35 46,059,636.94 6.000000% 0.00 228,693.67 228,693.67 0.00 1,604.51
Residual 1-A-R 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-LR 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-WIO 253,625,745.70 0.313218% 0.00 65,738.89 65,738.89 0.00 461.22
2-A-1 32,675,241.05 5.000000% 6,675,896.51 136,146.84 6,812,043.35 0.00 0.00
2-A-2 1,013,134.43 5.500000% 1,013,134.43 4,643.53 1,017,777.96 0.00 0.00
2-A-3 15,000,000.00 5.500000% 3,050,834.21 68,750.00 3,119,584.21 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 5,541,463.26 1.610000% 1,132,179.41 7,434.80 1,139,614.21 0.00 0.00
2-A-6 5,541,463.26 6.890000% 0.00 31,817.23 31,817.23 0.00 0.00
2-A-7 573,539.31 5.000000% 117,180.13 2,389.75 119,569.88 0.00 0.00
2-A-WIO 59,772,164.31 0.389767% 0.00 19,414.36 19,414.36 0.00 0.00
1-A-PO 226,434.75 0.000000% 18,039.92 0.00 18,039.92 0.00 0.00
1-SES 0.00 0.000000% 0.00 10,081.93 10,081.93 0.00 45,442.82
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 6,196,792.03 6.000000% 6,240.56 30,768.09 37,008.65 0.00 215.87
1-B-2 2,974,579.04 6.000000% 2,995.59 14,769.27 17,764.86 0.00 103.62
1-B-3 1,486,794.25 6.000000% 1,497.29 7,382.18 8,879.47 0.00 51.79
1-B-4 991,526.35 6.000000% 998.53 4,923.09 5,921.62 0.00 34.54
1-B-5 743,892.39 6.000000% 749.15 3,693.55 4,442.69 0.00 25.91
1-B-6 743,876.95 6.000000% 748.98 3,693.47 4,442.45 0.00 25.91
2-B-1 1,013,301.08 5.500000% 4,006.21 4,644.30 8,650.51 0.00 0.00
2-B-2 289,927.40 5.500000% 1,146.26 1,328.83 2,475.10 0.00 0.00
2-B-3 216,723.14 5.500000% 856.84 993.31 1,850.16 0.00 0.00
2-B-4 72,241.05 5.500000% 285.61 331.10 616.72 0.00 0.00
2-B-5 72,241.05 5.500000% 285.61 331.10 616.72 0.00 0.00
2-B-6 145,386.92 5.500000% 574.71 666.36 1,241.07 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 333,148,531.13 - 51,047,109.92 1,725,150.73 52,772,260.65 - 55,394.31
- ----------------------------------------------------------------------------------------------------------------------------------
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 0.00
1-A-5 0.00 0.00
1-A-6 1,121,916.67 39.08
1-A-7 4,218,000.00 134.69
1-A-8 2,862,000.00 91.39
1-A-9 3,013,000.00 96.21
1-A-10 1,657,000.00 52.91
1-A-11 755,000.00 24.11
1-A-12 958,000.00 30.59
1-A-13 0.00 0.00
1-A-14 0.00 0.00
1-A-15 0.00 0.00
1-A-16 0.00 0.00
1-A-17 9,838,595.79 131.88
1-A-18 9,838,595.79 505.05
1-A-19 3,969,532.46 186.40
1-A-20 0.00 0.00
1-A-21 17,696,365.70 640.21
1-A-22 2,707,939.12 137.52
1-A-23 120,567.19 6.12
1-A-24 797,000.00 26.61
1-A-25 2,309,091.00 77.09
1-A-26 15,000,000.00 522.53
1-A-27 17,849,855.95 638.50
1-A-28 23,919,029.52 518.20
1-A-29 8,636,000.00 225.63
1-A-30 1,543,074.00 42.56
1-A-31 11,356,926.00 346.17
1-A-32 75,000,000.00 2,394.94
1-A-33 15,817,000.00 550.99
1-A-34 250,000.00 8.71
1-A-35 32,031,158.46 1,604.51
Residual 1-A-R 0.00 0.00
1-A-LR 0.00 0.00
1-A-WIO 215,206,069.87 461.22
2-A-1 25,999,344.54 0.00
2-A-2 0.00 0.00
2-A-3 11,949,165.79 0.00
2-A-4 3,878,000.00 0.00
2-A-5 4,409,283.85 0.00
2-A-6 4,409,283.85 0.00
2-A-7 456,359.18 0.00
2-A-WIO 47,778,963.70 0.00
1-A-PO 208,394.84 0.00
1-SES 0.00 45,442.82
- --------------------------------------------------------------------------------
Subordinate 1-B-1 6,190,551.47 215.87
1-B-2 2,971,583.45 103.62
1-B-3 1,485,296.96 51.79
1-B-4 990,527.82 34.54
1-B-5 743,143.25 25.91
1-B-6 743,127.97 25.91
2-B-1 1,009,294.87 0.00
2-B-2 288,781.14 0.00
2-B-3 215,866.30 0.00
2-B-4 71,955.43 0.00
2-B-5 71,955.43 0.00
2-B-6 144,812.21 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 282,101,421.21 55,394.31
- --------------------------------------------------------------------------------
Payment Date: 09/25/03
------------------------------------------------------------
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 0.00 6.000000% 06050HYM4 0.000000 0.000000 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 4.965164 1,000.000000
1-A-7 4,218,000.00 5.500000% 06050HYQ5 0.000000 4.551401 1,000.000000
1-A-8 2,862,000.00 5.500000% 06050HYR3 0.000000 4.551401 1,000.000000
1-A-9 3,013,000.00 5.500000% 06050HYS1 0.000000 4.551401 1,000.000000
1-A-10 1,657,000.00 5.500000% 06050HYT9 0.000000 4.551401 1,000.000000
1-A-11 755,000.00 5.500000% 06050HYU6 0.000000 4.551401 1,000.000000
1-A-12 958,000.00 5.500000% 06050HYV4 0.000000 4.551401 1,000.000000
1-A-13 0.00 6.000000% 06050HYW2 0.000000 0.000000 0.000000
1-A-14 0.00 6.000000% 06050HYX0 0.000000 0.000000 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 12,906,381.91 1.760000% 06050HZA9 99.590806 0.610230 319.394392
1-A-18 12,906,381.91 6.740000% 06050HZB7 0.000000 2.336905 319.394392
1-A-19 5,583,584.91 5.750000% 06050HZC5 107.603497 1.771218 264.635497
1-A-20 0.00 4.750000% 06050HZD3 0.000000 0.000000 0.000000
1-A-21 23,214,293.89 4.750000% 06050HZE1 110.358564 1.824994 353.927314
1-A-22 4,119,269.52 5.750000% 06050HZF8 114.250012 1.586712 219.213075
1-A-23 183,404.70 5.750000% 06050HZG6 114.250012 1.586712 219.213075
1-A-24 797,000.00 5.750000% 06050HZH4 0.000000 4.758283 1,000.000000
1-A-25 2,309,091.00 5.750000% 06050HZJ0 0.000000 4.758283 1,000.000000
1-A-26 15,000,000.00 6.000000% 06050HZK7 0.000000 4.965164 1,000.000000
1-A-27 36,658,201.19 3.000000% 06050HZL5 353.022734 1.708153 335.032395
1-A-28 32,456,209.57 2.750000% 06050HZM3 213.429501 1.846515 597.975738
1-A-29 8,636,000.00 4.500000% 06050HZN1 0.000000 3.723873 1,000.000000
1-A-30 1,543,074.00 4.750000% 06050HZP6 0.000000 3.930755 1,000.000000
1-A-31 11,356,926.00 5.250000% 06050HZQ4 0.000000 4.344519 1,000.000000
1-A-32 75,000,000.00 5.500000% 06050HZR2 0.000000 4.551401 1,000.000000
1-A-33 15,817,000.00 6.000000% 06050HZS0 0.000000 4.965164 1,000.000000
1-A-34 250,000.00 6.000000% 06050HZT8 0.000000 4.965164 1,000.000000
1-A-35 46,059,636.94 6.000000% 06050HZU5 0.000000 3.912252 547.955592
Residual 1-A-R 0.00 6.000000% 06050HZV3 0.000000 0.000000 0.000000
1-A-LR 0.00 6.000000% 06050HZW1 0.000000 0.000000 0.000000
1-A-WIO253,625,745.70 0.313218% 06050HZX9 0.000000 0.139116 455.418063
2-A-1 32,675,241.05 5.000000% 06050HZY7 80.813885 1.648101 314.730468
2-A-2 1,013,134.43 5.500000% 06050HZZ4 32.255155 0.147836 0.000000
2-A-3 15,000,000.00 5.500000% 06050HA24 203.388947 4.583333 796.611053
2-A-4 3,878,000.00 5.500000% 06050HA32 0.000000 4.583333 1,000.000000
2-A-5 5,541,463.26 1.610000% 06050HA40 80.813885 0.530689 314.730468
2-A-6 5,541,463.26 6.890000% 06050HA57 0.000000 2.271084 314.730468
2-A-7 573,539.31 5.000000% 06050HA65 80.813885 1.648101 314.730468
2-A-WIO 59,772,164.31 0.389767% 06050HA73 0.000000 0.130319 320.716972
1-A-PO 226,434.75 0.000000% 06050HA81 62.500686 0.000000 721.999989
1-SES 0.00 0.000000% 06050HC55 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 6,196,792.03 6.000000% 06050HA99 0.997531 4.918173 989.538278
1-B-2 2,974,579.04 6.000000% 06050HB23 0.997531 4.918173 989.538278
1-B-3 1,486,794.25 6.000000% 06050HB31 0.997531 4.918173 989.538278
1-B-4 991,526.35 6.000000% 06050HB72 0.997531 4.918173 989.538278
1-B-5 743,892.39 6.000000% 06050HB80 0.997531 4.918173 989.538278
1-B-6 743,876.95 6.000000% 06050HB98 0.997333 4.918173 989.538477
2-B-1 1,013,301.08 5.500000% 06050HB49 3.808187 4.414731 959.405771
2-B-2 289,927.40 5.500000% 06050HB56 3.808187 4.414731 959.405771
2-B-3 216,723.14 5.500000% 06050HB64 3.808187 4.414731 959.405771
2-B-4 72,241.05 5.500000% 06050HC22 3.808187 4.414731 959.405771
2-B-5 72,241.05 5.500000% 06050HC30 3.808187 4.414731 959.405771
2-B-6 145,386.92 5.500000% 06050HC48 3.807568 4.414737 959.407682
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 333,148,531.13 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
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 233,606,211.66 48,495,209.11 282,101,420.77
Loan count 511 105 616
Avg loan rate 6.539381% 6.138096% 6.47
Prepay amount 38,776,129.48 11,757,220.76 50,533,350.24
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 0.00 12,602.41 12,602.41
Sub servicer fees 0.00 0.00 0.00
Trustee fees 681.64 151.23 832.87
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 95.519173% 100.000000% 318,201,249.49
-----------------------------------------------------------------------------
Junior 4.480827% 0.000000% 14,926,896.29
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 5 2,707,153.95
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 5 2,707,153.95
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 52,772,260.65 52,772,260.65
Principal remittance amount 51,047,109.92 51,047,109.92
Interest remittance amount 1,725,150.73 1,725,150.73