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 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 July 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
July 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: 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 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 15,239,406.20 6.750000% 15,239,406.20 84,398.94 15,323,805.14 0.00 1,322.72
A4 5,015,000.00 6.750000% 5,015,000.00 27,774.09 5,042,774.09 0.00 435.28
A5 14,245,214.91 6.750000% 0.00 0.00 0.00 0.00 1,236.43
A6 8,280,785.09 6.750000% 2,938,021.80 45,860.68 2,983,882.48 0.00 718.74
A7 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
A8 0.00 1.885000% 0.00 0.00 0.00 0.00 0.00
A9 0.00 25.515000% 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 9,474,000.00 6.750000% 0.00 52,468.95 52,468.95 0.00 822.30
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% 0.00 398,750.70 398,750.70 0.00 6,249.30
Residual AR 0.00 6.750000% 0.00 2.23 2.23 0.00 0.00
ALR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
2A1 50,886,496.78 6.500000% 10,440,286.79 272,218.16 10,712,504.95 0.00 3,417.03
3A1 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
3A2 6,804,268.00 6.750000% 3,295,710.82 38,274.01 3,333,984.83 0.00 0.00
3A3 14,500,000.00 6.750000% 0.00 81,562.50 81,562.50 0.00 0.00
APO 1,413,263.07 0.000000% 296,007.92 0.00 296,007.92 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,017,835.61 6.750000% 11,579.14 66,557.23 78,136.36 0.00 1,043.10
B2 5,302,389.80 6.750000% 5,108.83 29,365.72 34,474.55 0.00 460.23
B3 2,828,071.88 6.750000% 2,724.84 15,662.44 18,387.28 0.00 245.46
B4 1,767,789.91 6.750000% 1,703.26 9,790.38 11,493.64 0.00 153.44
B5 1,414,035.94 6.750000% 1,362.42 7,831.22 9,193.64 0.00 122.73
B6 1,316,938.20 6.750000% 1,268.86 7,293.47 8,562.34 0.00 114.30
2B1 1,815,801.50 6.500000% 7,557.27 9,713.66 17,270.93 0.00 121.93
2B2 977,739.27 6.500000% 4,069.30 5,230.43 9,299.73 0.00 65.66
2B3 558,708.15 6.500000% 2,325.31 2,988.82 5,314.13 0.00 37.52
2B4 279,354.08 6.500000% 1,162.66 1,494.41 2,657.07 0.00 18.76
2B5 279,354.08 6.500000% 1,162.66 1,494.41 2,657.07 0.00 18.76
2B6 280,003.44 6.500000% 1,165.31 1,497.88 2,663.19 0.05 18.80
3B1 2,784,885.19 6.750000% 2,690.80 15,664.98 18,355.78 0.00 0.00
3B2 785,882.45 6.750000% 759.33 4,420.59 5,179.92 0.00 0.00
3B3 429,197.65 6.750000% 414.70 2,414.24 2,828.94 0.00 0.00
3B4 429,197.65 6.750000% 414.70 2,414.24 2,828.94 0.00 0.00
3B5 286,131.76 6.750000% 276.47 1,609.49 1,885.96 0.00 0.00
3B6 286,374.73 6.750000% 276.70 1,610.86 1,887.56 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 231,698,125.31 - 37,270,456.08 1,188,364.72 38,458,820.81 0.05 16,622.48
- ----------------------------------------------------------------------------------------------------------------------------------
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 1,322.72
A4 0.00 435.28
A5 14,324,107.82 1,236.43
A6 5,342,763.29 718.74
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 9,474,000.00 822.30
A15 0.00 0.00
A16 0.00 0.00
A17 0.00 0.00
A18 0.00 0.00
A19 72,000,000.00 6,249.30
Residual AR 0.00 0.00
ALR 0.00 0.00
2A1 40,446,209.99 3,417.03
3A1 0.00 0.00
3A2 3,508,557.17 0.00
3A3 14,500,000.00 0.00
APO 1,117,255.14 0.00
- --------------------------------------------------------------------------------
Subordinate B1 12,006,256.47 1,043.10
B2 5,297,280.96 460.23
B3 2,825,347.05 245.46
B4 1,766,086.65 153.44
B5 1,412,673.52 122.73
B6 1,315,669.34 114.30
2B1 1,808,244.23 121.93
2B2 973,669.97 65.66
2B3 556,382.84 37.52
2B4 278,191.42 18.76
2B5 278,191.42 18.76
2B6 278,838.08 18.80
3B1 2,782,194.38 0.00
3B2 785,123.12 0.00
3B3 428,782.95 0.00
3B4 428,782.95 0.00
3B5 285,855.30 0.00
3B6 286,098.03 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 194,506,562.09 16,622.48
- --------------------------------------------------------------------------------
Payment Date: 07/25/03
------------------------------------------------------------
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 15,239,406.20 6.750000% 060506P48 217.705803 1.205699 0.000000
A4 5,015,000.00 6.750000% 060506P55 601.968551 3.333825 0.000000
A5 14,245,214.91 6.750000% 060506P63 0.000000 0.000000 1,143.550042
A6 8,280,785.09 6.750000% 060506P71 293.802180 4.586068 534.276329
A7 0.00 6.000000% 060506P89 0.000000 0.000000 0.000000
A8 0.00 1.885000% 060506P97 0.000000 0.000000 0.000000
A9 0.00 25.515000% 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 9,474,000.00 6.750000% 060506Q70 0.000000 5.538204 1,000.000000
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 0.000000 5.538204 1,000.000000
Residual AR 0.00 6.750000% 060506R53 0.000000 44.685283 0.000000
ALR 0.00 6.750000% 060506R61 0.000000 0.000000 0.000000
2A1 50,886,496.78 6.500000% 060506R79 34.938380 0.910977 135.353089
3A1 0.00 6.750000% 060506R87 0.000000 0.000000 0.000000
3A2 6,804,268.00 6.750000% 060506R95 377.558806 4.384696 401.942625
3A3 14,500,000.00 6.750000% 060506S29 0.000000 5.625000 1,000.000000
APO 1,413,263.07 0.000000% 060506S37 87.758141 0.000000 331.235166
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,017,835.61 6.750000% 060506S45 0.944157 5.427041 978.983730
B2 5,302,389.80 6.750000% 060506S52 0.944157 5.427041 978.983730
B3 2,828,071.88 6.750000% 060506S60 0.944157 5.427041 978.983730
B4 1,767,789.91 6.750000% 060506T51 0.944157 5.427041 978.983730
B5 1,414,035.94 6.750000% 060506T69 0.944157 5.427041 978.983730
B6 1,316,938.20 6.750000% 060506T77 0.879333 5.054434 911.769201
2B1 1,815,801.50 6.500000% 060506S78 3.824529 4.915820 915.103353
2B2 977,739.27 6.500000% 060506S86 3.824529 4.915820 915.103353
2B3 558,708.15 6.500000% 060506S94 3.824529 4.915820 915.103353
2B4 279,354.08 6.500000% 060506T85 3.824529 4.915820 915.103353
2B5 279,354.08 6.500000% 060506T93 3.824529 4.915820 915.103353
2B6 280,003.44 6.500000% 060506U26 3.824367 4.915821 915.103522
3B1 2,784,885.19 6.750000% 060506T28 0.946800 5.511956 978.956503
3B2 785,882.45 6.750000% 060506T36 0.946800 5.511956 978.956503
3B3 429,197.65 6.750000% 060506T44 0.946800 5.511956 978.956503
3B4 429,197.65 6.750000% 060506U34 0.946800 5.511956 978.956503
3B5 286,131.76 6.750000% 060506U42 0.946800 5.511956 978.956503
3B6 286,374.73 6.750000% 060506U59 0.946800 5.511957 978.956710
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 231,698,125.31 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
Bank of America Mortgage Securities, Inc.
Mortgage Pass-Through Certificates, Series 2001-8 trust
Bank of America, NA, Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Prin balance 126,633,241.21 44,783,193.48 23,090,127.40
Loan count 318 111 59
Avg loan rate 7.156331% 6.911428% 7.273501%
Prepay amount 23,226,678.39 10,271,170.10 3,293,863.34
Total
-----
Prin balance 194,506,562.09
Loan count 488
Avg loan rate 7.11
Prepay amount 36,791,711.83
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Master serv fees 12,570.46 4,767.70 7,480.06
Sub servicer fees 0.00 0.00 0.00
Trustee fees 250.01 92.14 44.02
Agg advances N/A N/A N/A
Adv this period 0.00 0.00 0.00
Total
-----
Master serv fees 24,818.23
Sub servicer fees 0.00
Trustee fees 386.16
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 2,481,991.01 0.00 0.00
Total
-----
Bankruptcy 0.00
Fraud 0.00
Special Hazard 2,481,991.01
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 85.411888% 100.000000% 197,858,434.05
-----------------------------------------------------------------------------
Junior 14.588112% 0.000000% 33,793,668.67
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 6 2,137,146.69
60 to 89 days 4 1,436,233.86
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 10 3,573,380.55
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 38,458,820.81 38,458,820.81
Principal remittance amount 37,270,456.08 37,270,456.08
Interest remittance amount 1,188,364.72 1,188,364.72