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): October 25, 2003
BOA
(Depositor)
(Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-8)
(Exact name of registrant as specified in charter)
North Carolina 333-97547-02 61-1430146/0147
(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 2002-8
On October 25, 2003, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2002-8, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of August 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 2002-8 relating to the distribution date of October
25, 2003 prepared by The Bank of New York, as Trustee under
the Pooling and Servicing Agreement dated as of August 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: October 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 October 25, 2003
Payment Date: 10/25/03
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-8
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 6.250000% 0.00 0.00 0.00 0.00 0.00
1-A-2 14,260,556.00 6.250000% 431,405.42 74,273.73 505,679.15 0.00 0.00
1-A-3 3,250,000.00 6.250000% 0.00 16,927.08 16,927.08 0.00 0.00
1-A-4 1,426,343.18 6.250000% 1,376,212.59 7,428.87 1,383,641.46 0.00 0.00
1-A-5 2,800,000.00 6.250000% 0.00 14,583.33 14,583.33 0.00 0.00
1-A-6 12,006,000.00 6.250000% 0.00 62,531.25 62,531.25 0.00 0.00
1-A-7 2,994,000.00 6.250000% 0.00 15,593.75 15,593.75 0.00 0.00
1-A-8 18,108,000.00 6.000000% 0.00 90,540.00 90,540.00 0.00 0.00
1-A-9 18,543,552.84 6.250000% 6,867,417.42 96,581.00 6,963,998.42 0.00 0.00
1-A-10 0.00 1.670000% 0.00 0.00 0.00 0.00 0.00
1-A-11 0.00 6.830000% 0.00 0.00 0.00 0.00 0.00
1-A-12 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-13 0.00 5.750000% 0.00 0.00 0.00 0.00 0.00
1-A-14 0.00 5.500000% 0.00 0.00 0.00 0.00 0.00
1-A-15 0.00 5.750000% 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 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-18 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-19 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-20 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-21 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-22 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-23 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-24 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-25 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-26 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-27 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-28 146,131.08 6.000000% 146,131.08 730.66 146,861.74 0.00 0.00
1-A-29 300,000.00 6.000000% 300,000.00 1,500.00 301,500.00 0.00 0.00
1-A-30 300,000.00 6.000000% 300,000.00 1,500.00 301,500.00 0.00 0.00
1-A-31 300,000.00 6.000000% 300,000.00 1,500.00 301,500.00 0.00 0.00
1-A-32 2,600,000.00 6.000000% 2,600,000.00 13,000.00 2,613,000.00 0.00 0.00
1-A-33 2,600,000.00 6.000000% 2,600,000.00 13,000.00 2,613,000.00 0.00 0.00
1-A-34 0.00 5.500000% 0.00 0.00 0.00 0.00 0.00
1-A-35 0.00 1.670000% 0.00 0.00 0.00 0.00 0.00
1-A-36 0.00 6.830000% 0.00 0.00 0.00 0.00 0.00
1-A-37 550,483.20 6.250000% 0.00 2,867.10 2,867.10 0.00 0.00
1-A-38 249,845.24 6.250000% 0.00 1,301.28 1,301.28 0.00 0.00
1-A-39 55,000,000.00 6.250000% 0.00 286,458.33 286,458.33 0.00 0.00
Residual 1-A-R 0.00 6.250000% 0.00 0.03 0.03 0.00 0.00
1-A-LR 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
1-A-IO 128,458,834.03 0.296080% 0.00 31,695.10 31,695.10 0.00 0.00
2-A-1 26,753,708.96 5.750000% 3,743,844.12 125,045.96 3,868,890.08 0.00 3,148.90
2-A-IO 28,428,629.83 0.355385% 0.00 8,212.46 8,212.46 0.00 206.81
3-A-1 11,779,279.08 6.250000% 1,074,621.34 61,350.41 1,135,971.75 0.00 0.00
3-A-2 73,328,582.31 6.000000% 6,689,752.32 366,642.91 7,056,395.23 0.00 0.00
3-A-3 8,147,620.26 2.020000% 743,305.81 13,715.16 757,020.97 0.00 0.00
3-A-4 8,147,620.26 6.480000% 0.00 43,997.15 43,997.15 0.00 0.00
3-A-5 21,202,702.35 6.250000% 1,934,318.42 110,430.74 2,044,749.16 0.00 0.00
3-A-6 214,168.71 6.250000% 19,538.57 1,115.46 20,654.03 0.00 0.00
3-A-IO 110,226,711.78 0.287595% 0.00 26,417.19 26,417.19 0.00 0.00
1-A-PO 329,975.47 0.000000% 879.60 0.00 879.60 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 7,341,222.69 6.250000% 7,026.13 38,235.53 45,261.66 0.00 0.00
1-B-2 3,261,997.05 6.250000% 3,121.99 16,989.57 20,111.55 0.00 0.00
1-B-3 1,631,492.62 6.250000% 1,561.47 8,497.36 10,058.82 0.00 0.00
1-B-4 1,087,991.14 6.250000% 1,041.29 5,666.62 6,707.91 0.00 0.00
1-B-5 815,252.22 6.250000% 780.26 4,246.11 5,026.37 0.00 0.00
1-B-6 816,147.05 6.250000% 781.11 4,250.77 5,031.87 0.00 0.00
2-B-1 870,759.10 5.750000% 3,455.47 4,069.90 7,525.37 0.00 102.49
2-B-2 267,999.24 5.750000% 1,063.51 1,252.62 2,316.13 0.00 31.54
2-B-3 267,999.24 5.750000% 1,063.51 1,252.62 2,316.13 0.00 31.54
2-B-4 66,761.38 5.750000% 264.93 312.04 576.97 0.00 7.86
2-B-5 66,761.38 5.750000% 264.93 312.04 576.97 0.00 7.86
2-B-6 134,640.77 5.750000% 534.30 629.31 1,163.61 0.00 15.85
3-B-1 7,072,317.41 6.250000% 6,797.65 36,834.99 43,632.63 0.00 0.00
3-B-2 3,263,918.46 6.250000% 3,137.16 16,999.58 20,136.73 0.00 0.00
3-B-3 1,632,453.31 6.250000% 1,569.05 8,502.36 10,071.41 0.00 0.00
3-B-4 1,087,972.82 6.250000% 1,045.72 5,666.53 6,712.24 0.00 0.00
3-B-5 816,226.66 6.250000% 784.53 4,251.18 5,035.71 0.00 0.00
3-B-6 816,770.41 6.250000% 784.98 4,254.01 5,039.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 307,709,303.18 - 29,162,504.67 1,651,162.08 30,813,666.74 - 3,552.84
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior 1-A-1 0.00 0.00
1-A-2 13,829,150.58 0.00
1-A-3 3,250,000.00 0.00
1-A-4 50,130.59 0.00
1-A-5 2,800,000.00 0.00
1-A-6 12,006,000.00 0.00
1-A-7 2,994,000.00 0.00
1-A-8 18,108,000.00 0.00
1-A-9 11,676,135.42 0.00
1-A-10 0.00 0.00
1-A-11 0.00 0.00
1-A-12 0.00 0.00
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 0.00 0.00
1-A-18 0.00 0.00
1-A-19 0.00 0.00
1-A-20 0.00 0.00
1-A-21 0.00 0.00
1-A-22 0.00 0.00
1-A-23 0.00 0.00
1-A-24 0.00 0.00
1-A-25 0.00 0.00
1-A-26 0.00 0.00
1-A-27 0.00 0.00
1-A-28 0.00 0.00
1-A-29 0.00 0.00
1-A-30 0.00 0.00
1-A-31 0.00 0.00
1-A-32 0.00 0.00
1-A-33 0.00 0.00
1-A-34 0.00 0.00
1-A-35 0.00 0.00
1-A-36 0.00 0.00
1-A-37 550,483.20 0.00
1-A-38 0.00 0.00
1-A-39 55,000,000.00 0.00
Residual 1-A-R 0.00 0.00
1-A-LR 0.00 0.00
1-A-IO 114,569,711.83 0.00
2-A-1 23,009,864.84 3,148.90
2-A-IO 24,678,139.05 206.81
3-A-1 10,704,657.74 0.00
3-A-2 66,638,829.99 0.00
3-A-3 7,404,314.44 0.00
3-A-4 7,404,314.44 0.00
3-A-5 19,268,383.93 0.00
3-A-6 194,630.14 0.00
3-A-IO 100,711,250.04 0.00
1-A-PO 329,095.87 0.00
- --------------------------------------------------------------------------------
Subordinate 1-B-1 7,334,196.56 0.00
1-B-2 3,258,875.07 0.00
1-B-3 1,629,931.15 0.00
1-B-4 1,086,949.85 0.00
1-B-5 814,471.96 0.00
1-B-6 815,365.95 0.00
2-B-1 867,303.63 102.49
2-B-2 266,935.73 31.54
2-B-3 266,935.73 31.54
2-B-4 66,496.44 7.86
2-B-5 66,496.44 7.86
2-B-6 134,106.47 15.85
3-B-1 7,065,519.77 0.00
3-B-2 3,260,781.30 0.00
3-B-3 1,630,884.26 0.00
3-B-4 1,086,927.10 0.00
3-B-5 815,442.13 0.00
3-B-6 815,985.43 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 278,546,798.52 3,552.84
- --------------------------------------------------------------------------------
Payment Date: 10/25/03
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-8
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 6.250000% 06050HSL3 0.000000 0.000000 0.000000
1-A-2 14,260,556.00 6.250000% 06050HSM1 30.251655 5.208333 969.748345
1-A-3 3,250,000.00 6.250000% 06050HSN9 0.000000 5.208333 1,000.000000
1-A-4 1,426,343.18 6.250000% 06050HSP4 625.551176 3.376759 22.786634
1-A-5 2,800,000.00 6.250000% 06050HSQ2 0.000000 5.208333 1,000.000000
1-A-6 12,006,000.00 6.250000% 06050HSR0 0.000000 5.208333 1,000.000000
1-A-7 2,994,000.00 6.250000% 06050HSS8 0.000000 5.208333 1,000.000000
1-A-8 18,108,000.00 6.000000% 06050HST6 0.000000 5.000000 1,000.000000
1-A-9 18,543,552.84 6.250000% 06050HSU3 266.664754 3.750282 453.389330
1-A-10 0.00 1.670000% 06050HSV1 0.000000 0.000000 0.000000
1-A-11 0.00 6.830000% 06050HSW9 0.000000 0.000000 0.000000
1-A-12 0.00 6.000000% 06050HSX7 0.000000 0.000000 0.000000
1-A-13 0.00 5.750000% 06050HSY5 0.000000 0.000000 0.000000
1-A-14 0.00 5.500000% 06050HSZ2 0.000000 0.000000 0.000000
1-A-15 0.00 5.750000% 06050HTA6 0.000000 0.000000 0.000000
1-A-16 0.00 6.000000% 06050HTB4 0.000000 0.000000 0.000000
1-A-17 0.00 6.000000% 06050HTC2 0.000000 0.000000 0.000000
1-A-18 0.00 6.000000% 06050HTD0 0.000000 0.000000 0.000000
1-A-19 0.00 6.000000% 06050HTE8 0.000000 0.000000 0.000000
1-A-20 0.00 6.000000% 06050HTF5 0.000000 0.000000 0.000000
1-A-21 0.00 6.000000% 06050HTG3 0.000000 0.000000 0.000000
1-A-22 0.00 6.000000% 06050HTH1 0.000000 0.000000 0.000000
1-A-23 0.00 6.000000% 06050HTJ7 0.000000 0.000000 0.000000
1-A-24 0.00 6.000000% 06050HTK4 0.000000 0.000000 0.000000
1-A-25 0.00 6.000000% 06050HTL2 0.000000 0.000000 0.000000
1-A-26 0.00 6.000000% 06050HTM0 0.000000 0.000000 0.000000
1-A-27 0.00 6.000000% 06050HTN8 0.000000 0.000000 0.000000
1-A-28 146,131.08 6.000000% 06050HTP3 487.103615 2.435518 0.000000
1-A-29 300,000.00 6.000000% 06050HTQ1 1,000.000000 5.000000 0.000000
1-A-30 300,000.00 6.000000% 06050HTR9 1,000.000000 5.000000 0.000000
1-A-31 300,000.00 6.000000% 06050HTS7 1,000.000000 5.000000 0.000000
1-A-32 2,600,000.00 6.000000% 06050HTT5 1,000.000000 5.000000 0.000000
1-A-33 2,600,000.00 6.000000% 06050HTU2 1,000.000000 5.000000 0.000000
1-A-34 0.00 5.500000% 06050HTV0 0.000000 0.000000 0.000000
1-A-35 0.00 1.670000% 06050HTW8 0.000000 0.000000 0.000000
1-A-36 0.00 6.830000% 06050HTX6 0.000000 0.000000 0.000000
1-A-37 550,483.20 6.250000% 06050HTY4 0.000000 5.208335 1,000.000363
1-A-38 249,845.24 6.250000% 06050HTZ1 0.000000 3.253193 0.000000
1-A-39 55,000,000.00 6.250000% 06050HUA4 0.000000 5.208333 1,000.000000
Residual 1-A-R 0.00 6.250000% 06050HUB2 0.000000 0.587892 0.000000
1-A-LR 0.00 6.250000% 06050HUC0 0.000000 0.000000 0.000000
1-A-IO128,458,834.03 0.296080% 06050HUD8 0.000000 0.065116 235.377699
2-A-1 26,753,708.96 5.750000% 06050HUE6 26.997253 0.901720 165.926554
2-A-IO 28,428,629.83 0.355385% 06050HUF3 0.000000 0.058658 176.264558
3-A-1 11,779,279.08 6.250000% 06050HUG1 19.538570 1.115462 194.630141
3-A-2 73,328,582.31 6.000000% 06050HUH9 19.538570 1.070844 194.630141
3-A-3 8,147,620.26 2.020000% 06050HUJ5 19.538570 0.360517 194.630141
3-A-4 8,147,620.26 6.480000% 06050HUK2 0.000000 1.156511 194.630141
3-A-5 21,202,702.35 6.250000% 06050HUL0 19.538570 1.115462 194.630141
3-A-6 214,168.71 6.250000% 06050HUM8 19.538570 1.115462 194.630141
3-A-IO110,226,711.78 0.287595% 06050HUN6 0.000000 0.052853 201.493080
1-A-PO 329,975.47 0.000000% 06050HUP1 1.284889 0.000000 480.734190
- ------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 7,341,222.69 6.250000% 06050HUQ9 0.945770 5.146794 987.238735
1-B-2 3,261,997.05 6.250000% 06050HUR7 0.945770 5.146794 987.238735
1-B-3 1,631,492.62 6.250000% 06050HUS5 0.945770 5.146794 987.238735
1-B-4 1,087,991.14 6.250000% 06050HUZ9 0.945770 5.146794 987.238735
1-B-5 815,252.22 6.250000% 06050HVA3 0.945770 5.146794 987.238735
1-B-6 816,147.05 6.250000% 06050HVB1 0.945760 5.146796 987.239124
2-B-1 870,759.10 5.750000% 06050HUT3 3.784745 4.457721 949.949207
2-B-2 267,999.24 5.750000% 06050HUU0 3.784745 4.457721 949.949207
2-B-3 267,999.24 5.750000% 06050HUV8 3.784745 4.457721 949.949207
2-B-4 66,761.38 5.750000% 06050HVC9 3.784745 4.457721 949.949207
2-B-5 66,761.38 5.750000% 06050HVD7 3.784745 4.457721 949.949207
2-B-6 134,640.77 5.750000% 06050HVE5 3.784751 4.457729 949.950778
3-B-1 7,072,317.41 6.250000% 06050HUW6 0.949790 5.146708 987.218076
3-B-2 3,263,918.46 6.250000% 06050HUX4 0.949790 5.146708 987.218076
3-B-3 1,632,453.31 6.250000% 06050HUY2 0.949790 5.146708 987.218076
3-B-4 1,087,972.82 6.250000% 06050HVF2 0.949790 5.146708 987.218076
3-B-5 816,226.66 6.250000% 06050HVG0 0.949790 5.146708 987.218076
3-B-6 816,770.41 6.250000% 06050HVH8 0.949712 5.146710 987.218592
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 307,709,303.18 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-8
Bank of America, N.A., Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Prin balance 134,862,024.32 24,678,139.05 119,006,634.17
Loan count 302 55 266
Avg loan rate 6.746168% 6.356385% 6.740003%
Prepay amount 14,792,619.33 3,637,676.18 10,351,543.27
Total
-----
Prin balance 278,546,797.54
Loan count 623
Avg loan rate 6.71
Prepay amount 28,781,838.78
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Master serv fees 3,097.10 0.00 10,265.39
Sub servicer fees 0.00 0.00 0.00
Trustee fees 124.83 23.69 107.90
Agg advances N/A N/A N/A
Adv this period 0.00 0.00 0.00
Total
-----
Master serv fees 13,362.49
Sub servicer fees 0.00
Trustee fees 256.42
Agg advances N/A
Adv this period 0.00
- --------------------------------------------------------------------------------
LOSSES & INSURANCE COVERAGES
- --------------------------------------------------------------------------------
Realized losses 0.00 0.00 0.00
Cumulative losses 0.00 0.00 0.00
Total
-----
Realized losses 0.00
Cumulative losses 0.00
Coverage Amounts
- ----------------
Bankruptcy 0.00 0.00 0.00
Fraud 0.00 0.00 0.00
Special Hazard 0.00 0.00 0.00
Total
-----
Bankruptcy 0.00
Fraud 0.00
Special Hazard 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 89.832231% 100.000000% 276,390,620.23
-----------------------------------------------------------------------------
Junior 10.167769% 0.000000% 31,283,604.97
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 6 2,352,534.49
60 to 89 days 0 0.00
90 or more 4 1,700,078.15
Foreclosure 0 0.00
Totals: 10 4,052,612.64
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 30,813,666.74 30,813,666.74
Principal remittance amount 29,162,504.67 29,162,504.67
Interest remittance amount 1,651,162.08 1,651,162.08