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): January 25, 2004
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 January 25, 2004, 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 January
25, 2004 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: January 25, 2004
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 January 25, 2004
Payment Date: 01/25/04
------------------------------------------------------------
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 7,052,898.52 6.250000% 1,493,550.75 36,733.85 1,530,284.59 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 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
1-A-5 1,453,573.14 6.250000% 307,814.62 7,570.69 315,385.31 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 4,707,195.40 6.250000% 1,536,021.02 24,516.64 1,560,537.66 0.00 0.00
1-A-10 0.00 1.691250% 0.00 0.00 0.00 0.00 0.00
1-A-11 0.00 6.808750% 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 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-29 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-30 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-31 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-32 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-33 0.00 6.000000% 0.00 0.00 0.00 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 1.691250% 0.00 0.00 0.00 0.00 0.00
1-A-36 0.00 6.808750% 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 0.00 6.250000% 0.00 0.00 0.00 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 0.04 0.04 0.00 0.00
1-A-LR 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
1-A-IO 101,564,161.96 0.297782% 0.00 25,203.34 25,203.34 0.00 0.00
2-A-1 20,625,586.94 5.750000% 395,509.87 98,830.94 494,340.81 0.00 0.00
2-A-IO 22,280,360.04 0.354972% 0.00 6,590.76 6,590.76 0.00 0.00
3-A-1 9,284,753.48 6.250000% 1,072,763.48 48,358.09 1,121,121.57 0.00 0.00
3-A-2 57,799,616.17 6.000000% 6,678,186.73 288,998.08 6,967,184.81 0.00 0.00
3-A-3 6,422,179.57 2.041250% 742,020.75 10,924.40 752,945.14 0.00 0.00
3-A-4 6,422,179.57 6.458750% 0.00 34,566.04 34,566.04 0.00 0.00
3-A-5 16,712,556.26 6.250000% 1,930,974.27 87,044.56 2,018,018.83 0.00 0.00
3-A-6 168,813.70 6.250000% 19,504.79 879.24 20,384.03 0.00 0.00
3-A-IO 89,113,640.27 0.291549% 0.00 21,650.79 21,650.79 0.00 0.00
1-A-PO 314,334.92 0.000000% 9,181.45 0.00 9,181.45 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 7,319,985.19 6.250000% 7,182.16 38,124.92 45,307.09 0.00 0.00
1-B-2 3,252,560.39 6.250000% 3,191.32 16,940.42 20,131.74 0.00 0.00
1-B-3 1,626,772.86 6.250000% 1,596.14 8,472.78 10,068.92 0.00 0.00
1-B-4 1,084,843.68 6.250000% 1,064.42 5,650.23 6,714.65 0.00 0.00
1-B-5 812,893.77 6.250000% 797.59 4,233.82 5,031.41 0.00 0.00
1-B-6 813,786.03 6.250000% 798.46 4,238.47 5,036.93 0.00 0.00
2-B-1 860,284.66 5.750000% 3,460.84 4,122.20 7,583.04 0.00 0.00
2-B-2 264,775.45 5.750000% 1,065.17 1,268.72 2,333.88 0.00 0.00
2-B-3 264,775.45 5.750000% 1,065.17 1,268.72 2,333.88 0.00 0.00
2-B-4 65,958.30 5.750000% 265.34 316.05 581.39 0.00 0.00
2-B-5 65,958.30 5.750000% 265.34 316.05 581.39 0.00 0.00
2-B-6 133,021.17 5.750000% 535.13 637.39 1,172.52 0.00 0.00
3-B-1 7,051,798.15 6.250000% 6,910.06 36,728.12 43,638.18 0.00 0.00
3-B-2 3,254,448.69 6.250000% 3,189.04 16,950.25 20,139.29 0.00 0.00
3-B-3 1,627,717.00 6.250000% 1,595.00 8,477.69 10,072.69 0.00 0.00
3-B-4 1,084,816.23 6.250000% 1,063.01 5,650.08 6,713.10 0.00 0.00
3-B-5 813,858.50 6.250000% 797.50 4,238.85 5,036.35 0.00 0.00
3-B-6 814,400.75 6.250000% 798.03 4,241.67 5,039.70 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 247,112,162.67 - 14,221,167.46 1,328,661.40 15,549,828.86 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior 1-A-1 0.00 0.00
1-A-2 5,559,347.77 0.00
1-A-3 3,250,000.00 0.00
1-A-4 0.00 0.00
1-A-5 1,145,758.52 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 3,171,174.39 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 98,605,177.61 0.00
2-A-1 20,230,077.06 0.00
2-A-IO 21,878,193.17 0.00
3-A-1 8,211,990.00 0.00
3-A-2 51,121,429.44 0.00
3-A-3 5,680,158.83 0.00
3-A-4 5,680,158.83 0.00
3-A-5 14,781,581.99 0.00
3-A-6 149,308.91 0.00
3-A-IO 80,458,026.84 0.00
1-A-PO 305,153.46 0.00
- --------------------------------------------------------------------------------
Subordinate 1-B-1 7,312,803.03 0.00
1-B-2 3,249,369.07 0.00
1-B-3 1,625,176.71 0.00
1-B-4 1,083,779.26 0.00
1-B-5 812,096.18 0.00
1-B-6 812,987.57 0.00
2-B-1 856,823.82 0.00
2-B-2 263,710.29 0.00
2-B-3 263,710.29 0.00
2-B-4 65,692.95 0.00
2-B-5 65,692.95 0.00
2-B-6 132,486.04 0.00
3-B-1 7,044,888.09 0.00
3-B-2 3,251,259.66 0.00
3-B-3 1,626,122.00 0.00
3-B-4 1,083,753.22 0.00
3-B-5 813,061.00 0.00
3-B-6 813,602.72 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 232,890,995.21 -
- --------------------------------------------------------------------------------
Payment Date: 01/25/04
------------------------------------------------------------
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 7,052,898.52 6.250000% 06050HSM1 104.732995 2.575906 389.840885
1-A-3 3,250,000.00 6.250000% 06050HSN9 0.000000 5.208333 1,000.000000
1-A-4 0.00 6.250000% 06050HSP4 0.000000 0.000000 0.000000
1-A-5 1,453,573.14 6.250000% 06050HSQ2 109.933792 2.703819 409.199473
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 4,707,195.40 6.250000% 06050HSU3 59.644353 0.951992 123.138057
1-A-10 0.00 1.691250% 06050HSV1 0.000000 0.000000 0.000000
1-A-11 0.00 6.808750% 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 0.00 6.000000% 06050HTP3 0.000000 0.000000 0.000000
1-A-29 0.00 6.000000% 06050HTQ1 0.000000 0.000000 0.000000
1-A-30 0.00 6.000000% 06050HTR9 0.000000 0.000000 0.000000
1-A-31 0.00 6.000000% 06050HTS7 0.000000 0.000000 0.000000
1-A-32 0.00 6.000000% 06050HTT5 0.000000 0.000000 0.000000
1-A-33 0.00 6.000000% 06050HTU2 0.000000 0.000000 0.000000
1-A-34 0.00 5.500000% 06050HTV0 0.000000 0.000000 0.000000
1-A-35 0.00 1.691250% 06050HTW8 0.000000 0.000000 0.000000
1-A-36 0.00 6.808750% 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 0.00 6.250000% 06050HTZ1 0.000000 0.000000 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 0.865815 0.000000
1-A-LR 0.00 6.250000% 06050HUC0 0.000000 0.000000 0.000000
1-A-IO101,564,161.96 0.297782% 06050HUD8 0.000000 0.051779 202.579368
2-A-1 20,625,586.94 5.750000% 06050HUE6 2.852063 0.712680 145.881212
2-A-IO 22,280,360.04 0.354972% 06050HUF3 0.000000 0.047075 156.265837
3-A-1 9,284,753.48 6.250000% 06050HUG1 19.504791 0.879238 149.308909
3-A-2 57,799,616.17 6.000000% 06050HUH9 19.504791 0.844068 149.308909
3-A-3 6,422,179.57 2.041250% 06050HUJ5 19.504791 0.287159 149.308909
3-A-4 6,422,179.57 6.458750% 06050HUK2 0.000000 0.908605 149.308909
3-A-5 16,712,556.26 6.250000% 06050HUL0 19.504791 0.879238 149.308909
3-A-6 168,813.70 6.250000% 06050HUM8 19.504791 0.879238 149.308909
3-A-IO 89,113,640.27 0.291549% 06050HUN6 0.000000 0.043317 160.972440
1-A-PO 314,334.92 0.000000% 06050HUP1 13.412014 0.000000 445.759776
- ------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 7,319,985.19 6.250000% 06050HUQ9 0.966774 5.131905 984.359002
1-B-2 3,252,560.39 6.250000% 06050HUR7 0.966774 5.131905 984.359002
1-B-3 1,626,772.86 6.250000% 06050HUS5 0.966774 5.131905 984.359002
1-B-4 1,084,843.68 6.250000% 06050HUZ9 0.966774 5.131905 984.359002
1-B-5 812,893.77 6.250000% 06050HVA3 0.966774 5.131905 984.359002
1-B-6 813,786.03 6.250000% 06050HVB1 0.966775 5.131907 984.359401
2-B-1 860,284.66 5.750000% 06050HUT3 3.790628 4.515003 938.470777
2-B-2 264,775.45 5.750000% 06050HUU0 3.790628 4.515003 938.470777
2-B-3 264,775.45 5.750000% 06050HUV8 3.790628 4.515003 938.470777
2-B-4 65,958.30 5.750000% 06050HVC9 3.790628 4.515003 938.470777
2-B-5 65,958.30 5.750000% 06050HVD7 3.790628 4.515003 938.470777
2-B-6 133,021.17 5.750000% 06050HVE5 3.790634 4.515010 938.472342
3-B-1 7,051,798.15 6.250000% 06050HUW6 0.965497 5.131775 984.335349
3-B-2 3,254,448.69 6.250000% 06050HUX4 0.965497 5.131775 984.335349
3-B-3 1,627,717.00 6.250000% 06050HUY2 0.965497 5.131775 984.335349
3-B-4 1,084,816.23 6.250000% 06050HVF2 0.965497 5.131775 984.335349
3-B-5 813,858.50 6.250000% 06050HVG0 0.965497 5.131775 984.335349
3-B-6 814,400.75 6.250000% 06050HVH8 0.965498 5.131778 984.335877
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 247,112,162.67 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-8
Bank of America, N.A., Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Prin balance 116,324,862.65 21,878,193.17 94,687,938.39
Loan count 263 49 212
Avg loan rate 6.743547% 6.355972% 6.740961%
Prepay amount 3,234,860.36 312,535.10 10,363,646.43
Total
-----
Prin balance 232,890,994.21
Loan count 524
Avg loan rate 6.71
Prepay amount 13,911,041.89
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Master serv fees 20,921.07 4,629.56 6,925.43
Sub servicer fees 0.00 0.00 0.00
Trustee fees 99.73 18.57 87.63
Agg advances N/A N/A N/A
Adv this period 0.00 0.00 0.00
Total
-----
Master serv fees 32,476.06
Sub servicer fees 0.00
Trustee fees 205.93
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 87.381636% 100.000000% 215,899,508.09
-----------------------------------------------------------------------------
Junior 12.618364% 0.000000% 31,177,014.84
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 6 2,989,908.32
60 to 89 days 0 0.00
90 or more 2 642,114.25
Foreclosure 2 695,901.84
Totals: 10 4,327,924.41
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 15,549,828.86 15,549,828.86
Principal remittance amount 14,221,167.46 14,221,167.46
Interest remittance amount 1,328,661.40 1,328,661.40