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): February 25, 2004
BOA
(Depositor)
(Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-12)
(Exact name of registrant as specified in charter)
North Carolina 333-74544-02 02-0559635/Man
(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 2001-12
On February 25, 2004, The Bank of New York, as Trustee for BOA, MORTGAGE
PASS-THROUGH CERTIFICATES Series 2001-12, made a monthly distribution to
Certificate holders of principal and/or interest pursuant to the Pooling and
Servicing Agreement, dated as of December 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 2001-12 relating to the distribution date of February
25, 2004 prepared by The Bank of New York, as Trustee under
the Pooling and Servicing Agreement dated as of December 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: February 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 February 25, 2004
Payment Date: 02/25/04
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-12
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 5.500000% 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 6.500000% 0.00 0.00 0.00 0.00 0.00
1-A-4 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
1-A-5 0.00 1.900000% 0.00 0.00 0.00 0.00 0.00
1-A-6 0.00 18.460000% 0.00 0.00 0.00 0.00 0.00
1-A-7 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
1-A-8 8,480,258.87 6.500000% 4,836,120.72 45,934.74 4,882,055.46 0.00 0.00
1-A-9 37,900,000.00 6.500000% 0.00 205,291.67 205,291.67 0.00 0.00
1-APO 1,032,975.78 0.000000% 11,363.27 0.00 11,363.27 0.00 0.00
2-A-1 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
2-A-2 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
2-A-3 1,506,601.71 6.500000% 1,506,601.71 8,160.76 1,514,762.47 0.00 0.00
2-A-4 21,400,000.00 6.500000% 1,098,344.45 115,916.67 1,214,261.11 0.00 0.00
Residual 1-A-R 0.00 6.500000% 0.00 0.03 0.03 0.00 0.00
1-A-LR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 5,376,702.88 6.500000% 5,923.61 29,123.81 35,047.42 0.00 0.00
1-B-2 2,225,078.24 6.500000% 2,451.41 12,052.51 14,503.92 0.00 0.00
1-B-3 1,298,531.84 6.500000% 1,430.62 7,033.71 8,464.33 0.00 0.00
1-B-4 742,018.19 6.500000% 817.49 4,019.27 4,836.76 0.00 0.00
1-B-5 556,513.65 6.500000% 613.12 3,014.45 3,627.57 0.00 0.00
1-B-6 741,831.06 6.500000% 817.26 4,018.25 4,835.52 0.00 0.00
2-B-1 3,249,912.75 6.500000% 3,392.86 17,603.69 20,996.55 0.00 0.00
2-B-2 1,153,289.35 6.500000% 1,204.01 6,246.98 7,451.00 0.00 0.00
2-B-3 838,844.67 6.500000% 875.74 4,543.74 5,419.48 0.00 0.00
2-B-4 315,421.22 6.500000% 329.29 1,708.53 2,037.83 0.00 0.00
2-B-5 419,910.60 6.500000% 438.38 2,274.52 2,712.90 0.00 0.00
2-B-6 315,199.61 6.500000% 329.06 1,707.33 2,036.39 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 87,553,090.42 - 7,471,053.02 468,650.65 7,939,703.66 - -
- ----------------------------------------------------------------------------------------------------------------------------------
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 0.00 0.00
1-A-7 0.00 0.00
1-A-8 3,644,138.15 0.00
1-A-9 37,900,000.00 0.00
1-APO 1,021,612.51 0.00
2-A-1 0.00 0.00
2-A-2 0.00 0.00
2-A-3 0.00 0.00
2-A-4 20,301,655.55 0.00
Residual 1-A-R 0.00 0.00
1-A-LR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate 1-B-1 5,370,779.27 0.00
1-B-2 2,222,626.83 0.00
1-B-3 1,297,101.22 0.00
1-B-4 741,200.70 0.00
1-B-5 555,900.52 0.00
1-B-6 741,013.79 0.00
2-B-1 3,246,519.89 0.00
2-B-2 1,152,085.33 0.00
2-B-3 837,968.93 0.00
2-B-4 315,091.92 0.00
2-B-5 419,472.22 0.00
2-B-6 314,870.55 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 80,082,037.40 -
- --------------------------------------------------------------------------------
Payment Date: 02/25/04
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-12
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 5.500000% 06050HBJ6 0.000000 0.000000 0.000000
1-A-2 0.00 6.000000% 06050HBK3 0.000000 0.000000 0.000000
1-A-3 0.00 6.500000% 06050HBL1 0.000000 0.000000 0.000000
1-A-4 0.00 6.500000% 06050HBM9 0.000000 0.000000 0.000000
1-A-5 0.00 1.900000% 06050HBN7 0.000000 0.000000 0.000000
1-A-6 0.00 18.460000% 06050HBP2 0.000000 0.000000 0.000000
1-A-7 0.00 6.500000% 06050HBQ0 0.000000 0.000000 0.000000
1-A-8 8,480,258.87 6.500000% 06050HBR8 161.613445 1.535047 121.779780
1-A-9 37,900,000.00 6.500000% 06050HBS6 0.000000 5.416667 1,000.000000
1-APO 1,032,975.78 0.000000% 06050HBZ0 2.750101 0.000000 247.247268
2-A-1 0.00 6.500000% 06050HBV9 0.000000 0.000000 0.000000
2-A-2 0.00 6.500000% 06050HBW7 0.000000 0.000000 0.000000
2-A-3 1,506,601.71 6.500000% 06050HBX5 115.271745 0.624389 0.000000
2-A-4 21,400,000.00 6.500000% 06050HBY3 51.324507 5.416667 948.675493
Residual 1-A-R 0.00 6.500000% 06050HBT4 0.000000 0.566844 0.000000
1-A-LR 0.00 6.500000% 06050HBU1 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 5,376,702.88 6.500000% 06050HCA4 1.075651 5.288507 975.264077
1-B-2 2,225,078.24 6.500000% 06050HCB2 1.075651 5.288507 975.264077
1-B-3 1,298,531.84 6.500000% 06050HCC0 1.075651 5.288507 975.264077
1-B-4 742,018.19 6.500000% 06050HCG1 1.075651 5.288507 975.264077
1-B-5 556,513.65 6.500000% 06050HCH9 1.075651 5.288507 975.264077
1-B-6 741,831.06 6.500000% 06050HCJ5 1.075619 5.288508 975.264289
2-B-1 3,249,912.75 6.500000% 06050HCD8 1.019488 5.289572 975.516794
2-B-2 1,153,289.35 6.500000% 06050HCE6 1.019488 5.289572 975.516794
2-B-3 838,844.67 6.500000% 06050HCF3 1.019488 5.289572 975.516794
2-B-4 315,421.22 6.500000% 06050HCK2 1.019488 5.289572 975.516794
2-B-5 419,910.60 6.500000% 06050HCL0 1.019488 5.289572 975.516794
2-B-6 315,199.61 6.500000% 06050HCM8 1.019491 5.289590 975.520205
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 87,553,090.42 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-12
Bank of America, N.A., Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Prin balance 53,150,460.64 26,931,575.48 80,082,036.12
Loan count 122 62 184
Avg loan rate 6.758554% 6.757193% 6.76
Prepay amount 4,794,283.09 2,581,944.68 7,376,227.77
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FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 8,871.43 4,404.07 13,275.51
Sub servicer fees 0.00 0.00 0.00
Trustee fees 145.02 73.86 218.88
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 1,936,234.92 0.00 1,936,234.92
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 80.333883% 100.000000% 70,319,836.36
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Junior 19.666117% 0.000000% 17,214,631.19
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 4 1,584,859.72
60 to 89 days 1 320,604.02
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 5 1,905,463.74
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 7,939,703.66 7,939,703.66
Principal remittance amount 7,471,053.02 7,471,053.02
Interest remittance amount 468,650.65 468,650.65