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 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 February 25, 2004, 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 February
25, 2004 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: 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 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 5,609.58 5,609.58 0.00 0.00
1-A-7 4,218,000.00 5.500000% 0.00 19,332.50 19,332.50 0.00 0.00
1-A-8 2,862,000.00 5.500000% 0.00 13,117.50 13,117.50 0.00 0.00
1-A-9 3,013,000.00 5.500000% 0.00 13,809.58 13,809.58 0.00 0.00
1-A-10 1,657,000.00 5.500000% 0.00 7,594.58 7,594.58 0.00 0.00
1-A-11 755,000.00 5.500000% 0.00 3,460.42 3,460.42 0.00 0.00
1-A-12 958,000.00 5.500000% 0.00 4,390.83 4,390.83 0.00 0.00
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 5,762,653.25 1.750000% 309,356.70 8,403.87 317,760.56 0.00 0.00
1-A-18 5,762,653.25 6.750000% 0.00 32,414.92 32,414.92 0.00 0.00
1-A-19 1,825,059.28 5.750000% 162,761.65 8,745.08 171,506.73 0.00 0.00
1-A-20 0.00 4.750000% 0.00 0.00 0.00 0.00 0.00
1-A-21 10,365,098.99 4.750000% 556,429.93 41,028.52 597,458.45 0.00 0.00
1-A-22 832,807.87 5.750000% 142,319.08 3,990.54 146,309.62 0.00 0.00
1-A-23 37,079.60 5.750000% 6,336.56 177.67 6,514.23 0.00 0.00
1-A-24 797,000.00 5.750000% 0.00 3,818.96 3,818.96 0.00 0.00
1-A-25 2,309,091.00 5.750000% 0.00 11,064.39 11,064.39 0.00 0.00
1-A-26 15,000,000.00 6.000000% 0.00 75,000.00 75,000.00 0.00 0.00
1-A-27 0.00 3.000000% 0.00 0.00 0.00 0.00 0.00
1-A-28 12,576,304.16 2.750000% 860,892.42 28,820.70 889,713.11 0.00 0.00
1-A-29 1,496,586.27 4.500000% 1,496,586.27 5,612.20 1,502,198.47 0.00 0.00
1-A-30 1,543,074.00 4.750000% 23,552.24 6,108.00 29,660.24 0.00 0.00
1-A-31 11,356,926.00 5.250000% 0.00 49,686.55 49,686.55 0.00 0.00
1-A-32 75,000,000.00 5.500000% 376,502.04 343,750.00 720,252.04 0.00 0.00
1-A-33 15,817,000.00 6.000000% 0.00 79,085.00 79,085.00 0.00 0.00
1-A-34 250,000.00 6.000000% 0.00 1,250.00 1,250.00 0.00 0.00
1-A-35 15,177,400.82 6.000000% 0.00 75,887.00 75,887.00 0.00 0.00
Residual 1-A-R 0.00 6.000000% 0.00 3.26 3.26 0.00 0.00
1-A-LR 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-WIO 166,223,663.60 0.311576% 0.00 43,159.49 43,159.49 0.00 0.00
2-A-1 20,026,098.75 5.000000% 540,649.90 83,442.08 624,091.98 0.00 0.00
2-A-2 0.00 5.500000% 0.00 0.00 0.00 0.00 0.00
2-A-3 8,312,937.53 5.500000% 329,121.98 38,100.96 367,222.94 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 3,396,268.46 1.600000% 91,689.96 4,528.36 96,218.32 0.00 0.00
2-A-6 3,396,268.46 6.900000% 0.00 19,528.54 19,528.54 0.00 0.00
2-A-7 351,512.48 5.000000% 9,489.88 1,464.64 10,954.51 0.00 0.00
2-A-WIO 37,035,360.03 0.374199% 0.00 11,548.84 11,548.84 0.00 0.00
1-A-PO 205,953.36 0.000000% 250.58 0.00 250.58 0.00 0.00
1-SES 0.00 0.000000% 0.00 36,574.53 36,574.53 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 6,165,357.48 6.000000% 6,377.20 30,826.79 37,203.99 0.00 0.00
1-B-2 2,959,489.85 6.000000% 3,061.18 14,797.45 17,858.63 0.00 0.00
1-B-3 1,479,252.17 6.000000% 1,530.08 7,396.26 8,926.34 0.00 0.00
1-B-4 986,496.62 6.000000% 1,020.39 4,932.48 5,952.88 0.00 0.00
1-B-5 740,118.84 6.000000% 765.55 3,700.59 4,466.14 0.00 0.00
1-B-6 740,103.62 6.000000% 765.48 3,700.52 4,466.00 0.00 0.00
2-B-1 993,207.89 5.500000% 4,055.83 4,552.20 8,608.04 0.00 0.00
2-B-2 284,178.30 5.500000% 1,160.46 1,302.48 2,462.95 0.00 0.00
2-B-3 212,425.64 5.500000% 867.45 973.62 1,841.07 0.00 0.00
2-B-4 70,808.55 5.500000% 289.15 324.54 613.69 0.00 0.00
2-B-5 70,808.55 5.500000% 289.15 324.54 613.69 0.00 0.00
2-B-6 142,504.07 5.500000% 581.93 653.14 1,235.07 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 219,447,202.56 - 4,926,703.04 1,171,767.88 6,098,470.92 - -
- ----------------------------------------------------------------------------------------------------------------------------------
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 0.00
1-A-7 4,218,000.00 0.00
1-A-8 2,862,000.00 0.00
1-A-9 3,013,000.00 0.00
1-A-10 1,657,000.00 0.00
1-A-11 755,000.00 0.00
1-A-12 958,000.00 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 5,453,296.55 0.00
1-A-18 5,453,296.55 0.00
1-A-19 1,662,297.63 0.00
1-A-20 0.00 0.00
1-A-21 9,808,669.05 0.00
1-A-22 690,488.79 0.00
1-A-23 30,743.04 0.00
1-A-24 797,000.00 0.00
1-A-25 2,309,091.00 0.00
1-A-26 15,000,000.00 0.00
1-A-27 0.00 0.00
1-A-28 11,715,411.74 0.00
1-A-29 0.00 0.00
1-A-30 1,519,521.76 0.00
1-A-31 11,356,926.00 0.00
1-A-32 74,623,497.96 0.00
1-A-33 15,817,000.00 0.00
1-A-34 250,000.00 0.00
1-A-35 14,300,655.64 0.00
Residual 1-A-R 0.00 0.00
1-A-LR 0.00 0.00
1-A-WIO 162,290,154.99 0.00
2-A-1 19,485,448.85 0.00
2-A-2 0.00 0.00
2-A-3 7,983,815.55 0.00
2-A-4 3,878,000.00 0.00
2-A-5 3,304,578.50 0.00
2-A-6 3,304,578.50 0.00
2-A-7 342,022.60 0.00
2-A-WIO 36,060,018.61 0.00
1-A-PO 205,702.78 0.00
1-SES 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate 1-B-1 6,158,980.28 0.00
1-B-2 2,956,428.67 0.00
1-B-3 1,477,722.09 0.00
1-B-4 985,476.22 0.00
1-B-5 739,353.29 0.00
1-B-6 739,338.14 0.00
2-B-1 989,152.06 0.00
2-B-2 283,017.84 0.00
2-B-3 211,558.19 0.00
2-B-4 70,519.40 0.00
2-B-5 70,519.40 0.00
2-B-6 141,922.15 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 214,520,499.52 -
- --------------------------------------------------------------------------------
Payment Date: 02/25/04
------------------------------------------------------------
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 5.000000 1,000.000000
1-A-7 4,218,000.00 5.500000% 06050HYQ5 0.000000 4.583333 1,000.000000
1-A-8 2,862,000.00 5.500000% 06050HYR3 0.000000 4.583333 1,000.000000
1-A-9 3,013,000.00 5.500000% 06050HYS1 0.000000 4.583333 1,000.000000
1-A-10 1,657,000.00 5.500000% 06050HYT9 0.000000 4.583333 1,000.000000
1-A-11 755,000.00 5.500000% 06050HYU6 0.000000 4.583333 1,000.000000
1-A-12 958,000.00 5.500000% 06050HYV4 0.000000 4.583333 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 5,762,653.25 1.750000% 06050HZA9 10.042774 0.272818 177.032615
1-A-18 5,762,653.25 6.750000% 06050HZB7 0.000000 1.052299 177.032615
1-A-19 1,825,059.28 5.750000% 06050HZC5 10.850777 0.583005 110.819842
1-A-20 0.00 4.750000% 06050HZD3 0.000000 0.000000 0.000000
1-A-21 10,365,098.99 4.750000% 06050HZE1 11.128599 0.820570 196.173381
1-A-22 832,807.87 5.750000% 06050HZF8 11.521014 0.323042 55.896445
1-A-23 37,079.60 5.750000% 06050HZG6 11.521014 0.323042 55.896445
1-A-24 797,000.00 5.750000% 06050HZH4 0.000000 4.791667 1,000.000000
1-A-25 2,309,091.00 5.750000% 06050HZJ0 0.000000 4.791667 1,000.000000
1-A-26 15,000,000.00 6.000000% 06050HZK7 0.000000 5.000000 1,000.000000
1-A-27 0.00 3.000000% 06050HZL5 0.000000 0.000000 0.000000
1-A-28 12,576,304.16 2.750000% 06050HZM3 21.522310 0.720517 292.885294
1-A-29 1,496,586.27 4.500000% 06050HZN1 173.296233 0.649861 0.000000
1-A-30 1,543,074.00 4.750000% 06050HZP6 15.263193 3.958333 984.736807
1-A-31 11,356,926.00 5.250000% 06050HZQ4 0.000000 4.375000 1,000.000000
1-A-32 75,000,000.00 5.500000% 06050HZR2 5.020027 4.583333 994.979973
1-A-33 15,817,000.00 6.000000% 06050HZS0 0.000000 5.000000 1,000.000000
1-A-34 250,000.00 6.000000% 06050HZT8 0.000000 5.000000 1,000.000000
1-A-35 15,177,400.82 6.000000% 06050HZU5 0.000000 1.298196 244.640675
Residual 1-A-R 0.00 6.000000% 06050HZV3 0.000000 65.214583 0.000000
1-A-LR 0.00 6.000000% 06050HZW1 0.000000 0.000000 0.000000
1-A-WIO166,223,663.60 0.311576% 06050HZX9 0.000000 0.091334 343.437656
2-A-1 20,026,098.75 5.000000% 06050HZY7 6.544742 1.010093 235.877656
2-A-2 0.00 5.500000% 06050HZZ4 0.000000 0.000000 0.000000
2-A-3 8,312,937.53 5.500000% 06050HA24 21.941465 2.540064 532.254370
2-A-4 3,878,000.00 5.500000% 06050HA32 0.000000 4.583333 1,000.000000
2-A-5 3,396,268.46 1.600000% 06050HA40 6.544742 0.323230 235.877656
2-A-6 3,396,268.46 6.900000% 06050HA57 0.000000 1.393929 235.877656
2-A-7 351,512.48 5.000000% 06050HA65 6.544742 1.010093 235.877656
2-A-WIO 37,035,360.03 0.374199% 06050HA73 0.000000 0.077522 242.053387
1-A-PO 205,953.36 0.000000% 06050HA81 0.868170 0.000000 712.673152
1-SES 0.00 0.000000% 06050HC55 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 6,165,357.48 6.000000% 06050HA99 1.019373 4.927556 984.491732
1-B-2 2,959,489.85 6.000000% 06050HB23 1.019373 4.927556 984.491732
1-B-3 1,479,252.17 6.000000% 06050HB31 1.019373 4.927556 984.491732
1-B-4 986,496.62 6.000000% 06050HB72 1.019373 4.927556 984.491732
1-B-5 740,118.84 6.000000% 06050HB80 1.019373 4.927556 984.491732
1-B-6 740,103.62 6.000000% 06050HB98 1.019309 4.927557 984.491995
2-B-1 993,207.89 5.500000% 06050HB49 3.855354 4.327189 940.258610
2-B-2 284,178.30 5.500000% 06050HB56 3.855354 4.327189 940.258610
2-B-3 212,425.64 5.500000% 06050HB64 3.855354 4.327189 940.258610
2-B-4 70,808.55 5.500000% 06050HC22 3.855354 4.327189 940.258610
2-B-5 70,808.55 5.500000% 06050HC30 3.855354 4.327189 940.258610
2-B-6 142,504.07 5.500000% 06050HC48 3.855362 4.327198 940.260484
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 219,447,202.56 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
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 177,759,562.49 36,760,936.54 214,520,499.03
Loan count 392 80 472
Avg loan rate 6.531237% 6.120165% 6.46
Prepay amount 3,760,538.52 824,086.91 4,584,625.43
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 31,623.93 7,302.32 38,926.25
Sub servicer fees 0.00 0.00 0.00
Trustee fees 454.27 94.35 548.62
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 93.244211% 100.000000% 204,602,450.99
-----------------------------------------------------------------------------
Junior 6.755789% 0.000000% 14,823,987.72
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 6 2,585,611.60
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 6 2,585,611.60
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 6,098,470.92 6,098,470.92
Principal remittance amount 4,926,703.04 4,926,703.04
Interest remittance amount 1,171,767.88 1,171,767.88