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): March 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 March 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 March 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: March 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 March 25, 2004
Payment Date: 03/25/04
------------------------------------------------------------
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 3,643,158.66 6.250000% 3,643,158.66 18,974.78 3,662,133.44 0.00 0.00
1-A-3 3,250,000.00 6.250000% 307,980.53 16,927.08 324,907.61 0.00 0.00
1-A-4 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
1-A-5 750,839.89 6.250000% 750,839.89 3,910.62 754,750.52 0.00 0.00
1-A-6 12,006,000.00 6.250000% 1,421,448.59 62,531.25 1,483,979.84 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% 4,021,000.00 90,540.00 4,111,540.00 0.00 0.00
1-A-9 1,200,496.96 6.250000% 1,200,496.96 6,252.59 1,206,749.55 0.00 0.00
1-A-10 0.00 1.640000% 0.00 0.00 0.00 0.00 0.00
1-A-11 0.00 6.860000% 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 1.640000% 0.00 0.00 0.00 0.00 0.00
1-A-36 0.00 6.860000% 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 0.05 0.05 0.00 0.00
1-A-LR 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
1-A-IO 95,053,254.53 0.297399% 0.00 23,557.28 23,557.28 0.00 0.00
2-A-1 18,530,054.06 5.750000% 1,710,593.51 88,789.84 1,799,383.35 0.00 0.00
2-A-IO 20,171,472.10 0.338829% 0.00 5,695.57 5,695.57 0.00 0.00
3-A-1 7,663,993.86 6.250000% 1,024,346.81 39,916.63 1,064,263.45 0.00 0.00
3-A-2 47,710,033.94 6.000000% 6,376,782.41 238,550.17 6,615,332.58 0.00 0.00
3-A-3 5,301,114.88 1.990000% 708,531.38 8,791.02 717,322.39 0.00 0.00
3-A-4 5,301,114.88 6.510000% 0.00 28,758.55 28,758.55 0.00 0.00
3-A-5 13,795,188.95 6.250000% 1,843,824.27 71,849.94 1,915,674.21 0.00 0.00
3-A-6 139,345.34 6.250000% 18,624.49 725.76 19,350.24 0.00 0.00
3-A-IO 75,655,329.51 0.293452% 0.00 18,500.98 18,500.98 0.00 0.00
1-A-PO 304,612.68 0.000000% 49,382.40 0.00 49,382.40 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 7,305,573.71 6.250000% 7,280.19 38,049.86 45,330.05 0.00 0.00
1-B-2 3,246,156.79 6.250000% 3,234.88 16,907.07 20,141.94 0.00 0.00
1-B-3 1,623,570.09 6.250000% 1,617.93 8,456.09 10,074.02 0.00 0.00
1-B-4 1,082,707.86 6.250000% 1,078.95 5,639.10 6,718.05 0.00 0.00
1-B-5 811,293.35 6.250000% 808.47 4,225.49 5,033.96 0.00 0.00
1-B-6 812,183.87 6.250000% 809.36 4,230.12 5,039.49 0.00 0.00
2-B-1 853,341.62 5.750000% 3,519.13 4,088.93 7,608.05 0.00 0.00
2-B-2 262,638.55 5.750000% 1,083.10 1,258.48 2,341.58 0.00 0.00
2-B-3 262,638.55 5.750000% 1,083.10 1,258.48 2,341.58 0.00 0.00
2-B-4 65,425.97 5.750000% 269.81 313.50 583.31 0.00 0.00
2-B-5 65,425.97 5.750000% 269.81 313.50 583.31 0.00 0.00
2-B-6 131,947.64 5.750000% 544.14 632.25 1,176.39 0.00 0.00
3-B-1 7,037,928.75 6.250000% 7,013.01 36,655.88 43,668.89 0.00 0.00
3-B-2 3,248,047.88 6.250000% 3,236.55 16,916.92 20,153.46 0.00 0.00
3-B-3 1,624,515.62 6.250000% 1,618.76 8,461.02 10,079.78 0.00 0.00
3-B-4 1,082,682.63 6.250000% 1,078.85 5,638.97 6,717.82 0.00 0.00
3-B-5 812,257.81 6.250000% 809.38 4,230.51 5,039.89 0.00 0.00
3-B-6 812,799.00 6.250000% 809.83 4,233.33 5,043.15 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 221,537,974.90 - 23,113,175.14 1,190,700.80 24,303,875.94 - -
- ----------------------------------------------------------------------------------------------------------------------------------
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 2,942,019.47 0.00
1-A-4 0.00 0.00
1-A-5 0.00 0.00
1-A-6 10,584,551.41 0.00
1-A-7 2,994,000.00 0.00
1-A-8 14,087,000.00 0.00
1-A-9 0.00 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-37 428,244.80 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 85,094,042.69 0.00
2-A-1 16,819,460.55 0.00
2-A-IO 18,454,109.49 0.00
3-A-1 6,639,647.05 0.00
3-A-2 41,333,251.53 0.00
3-A-3 4,592,583.50 0.00
3-A-4 4,592,583.50 0.00
3-A-5 11,951,364.69 0.00
3-A-6 120,720.86 0.00
3-A-IO 66,056,698.01 0.00
1-A-PO 255,230.28 0.00
- --------------------------------------------------------------------------------
Subordinate 1-B-1 7,298,293.53 0.00
1-B-2 3,242,921.92 0.00
1-B-3 1,621,952.16 0.00
1-B-4 1,081,628.91 0.00
1-B-5 810,484.88 0.00
1-B-6 811,374.51 0.00
2-B-1 849,822.50 0.00
2-B-2 261,555.45 0.00
2-B-3 261,555.45 0.00
2-B-4 65,156.16 0.00
2-B-5 65,156.16 0.00
2-B-6 131,403.49 0.00
3-B-1 7,030,915.74 0.00
3-B-2 3,244,811.33 0.00
3-B-3 1,622,896.86 0.00
3-B-4 1,081,603.78 0.00
3-B-5 811,448.43 0.00
3-B-6 811,989.17 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 198,424,799.75 -
- --------------------------------------------------------------------------------
Payment Date: 03/25/04
------------------------------------------------------------
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 3,643,158.66 6.250000% 06050HSM1 255.471011 1.330578 0.000000
1-A-3 3,250,000.00 6.250000% 06050HSN9 94.763239 5.208333 905.236761
1-A-4 0.00 6.250000% 06050HSP4 0.000000 0.000000 0.000000
1-A-5 750,839.89 6.250000% 06050HSQ2 268.157105 1.396652 0.000000
1-A-6 12,006,000.00 6.250000% 06050HSR0 118.394852 5.208333 881.605148
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 222.056550 5.000000 777.943450
1-A-9 1,200,496.96 6.250000% 06050HSU3 46.615810 0.242791 0.000000
1-A-10 0.00 1.640000% 06050HSV1 0.000000 0.000000 0.000000
1-A-11 0.00 6.860000% 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 1.640000% 06050HTW8 0.000000 0.000000 0.000000
1-A-36 0.00 6.860000% 06050HTX6 0.000000 0.000000 0.000000
1-A-37 550,483.20 6.250000% 06050HTY4 0.000000 5.208335 777.943733
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 0.973653 0.000000
1-A-LR 0.00 6.250000% 06050HUC0 0.000000 0.000000 0.000000
1-A-IO 95,053,254.53 0.297399% 06050HUD8 0.000000 0.048397 174.821423
2-A-1 18,530,054.06 5.750000% 06050HUE6 12.335270 0.640273 121.286898
2-A-IO 20,171,472.10 0.338829% 06050HUF3 0.000000 0.040681 131.809187
3-A-1 7,663,993.86 6.250000% 06050HUG1 18.624488 0.725757 120.720855
3-A-2 47,710,033.94 6.000000% 06050HUH9 18.624488 0.696727 120.720855
3-A-3 5,301,114.88 1.990000% 06050HUJ5 18.624488 0.231081 120.720855
3-A-4 5,301,114.88 6.510000% 06050HUK2 0.000000 0.755948 120.720855
3-A-5 13,795,188.95 6.250000% 06050HUL0 18.624488 0.725757 120.720855
3-A-6 139,345.34 6.250000% 06050HUM8 18.624488 0.725757 120.720855
3-A-IO 75,655,329.51 0.293452% 06050HUN6 0.000000 0.037015 132.159689
1-A-PO 304,612.68 0.000000% 06050HUP1 72.136448 0.000000 372.833363
- ------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 7,305,573.71 6.250000% 06050HUQ9 0.979968 5.121801 982.405913
1-B-2 3,246,156.79 6.250000% 06050HUR7 0.979968 5.121801 982.405913
1-B-3 1,623,570.09 6.250000% 06050HUS5 0.979968 5.121801 982.405913
1-B-4 1,082,707.86 6.250000% 06050HUZ9 0.979968 5.121801 982.405913
1-B-5 811,293.35 6.250000% 06050HVA3 0.979968 5.121801 982.405913
1-B-6 812,183.87 6.250000% 06050HVB1 0.979969 5.121804 982.406318
2-B-1 853,341.62 5.750000% 06050HUT3 3.854464 4.478564 930.802298
2-B-2 262,638.55 5.750000% 06050HUU0 3.854464 4.478564 930.802298
2-B-3 262,638.55 5.750000% 06050HUV8 3.854464 4.478564 930.802298
2-B-4 65,425.97 5.750000% 06050HVC9 3.854464 4.478564 930.802298
2-B-5 65,425.97 5.750000% 06050HVD7 3.854464 4.478564 930.802298
2-B-6 131,947.64 5.750000% 06050HVE5 3.854471 4.478572 930.804097
3-B-1 7,037,928.75 6.250000% 06050HUW6 0.979881 5.121682 982.383085
3-B-2 3,248,047.88 6.250000% 06050HUX4 0.979881 5.121682 982.383085
3-B-3 1,624,515.62 6.250000% 06050HUY2 0.979881 5.121682 982.383085
3-B-4 1,082,682.63 6.250000% 06050HVF2 0.979881 5.121682 982.383085
3-B-5 812,257.81 6.250000% 06050HVG0 0.979881 5.121682 982.383085
3-B-6 812,799.00 6.250000% 06050HVH8 0.979767 5.121685 982.383727
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 221,537,974.90 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-8
Bank of America, N.A., Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Prin balance 100,626,903.87 18,454,109.49 79,343,846.42
Loan count 228 44 181
Avg loan rate 6.742511% 6.339829% 6.741770%
Prepay amount 11,289,448.25 1,634,176.77 9,905,614.61
Total
-----
Prin balance 198,424,859.78
Loan count 453
Avg loan rate 6.71
Prepay amount 22,829,239.63
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Master serv fees 2,109.44 2,843.23 1,253.81
Sub servicer fees 0.00 0.00 0.00
Trustee fees 93.36 16.81 74.45
Agg advances N/A N/A N/A
Adv this period 0.00 0.00 0.00
Total
-----
Master serv fees 6,206.47
Sub servicer fees 0.00
Trustee fees 184.61
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 85.957239% 100.000000% 190,396,839.24
-----------------------------------------------------------------------------
Junior 14.042761% 0.000000% 31,104,970.41
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 2 1,131,197.38
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 1 361,632.47
Totals: 3 1,492,829.85
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
REO INFORMATION
- --------------------------------------------------------------------------------
REO Date Loan Number Ending Stated Balance Book Value
-------- ----------- --------------------- ----------
N/A # 0 N/A
Totals: 0 N/A
Current Total Outstanding Balance: 302,172.26
Current Total Outstanding Number of Loans: 1
- --------------------------------------------------------------------------------
OTHER INFORMATION
- --------------------------------------------------------------------------------
Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 24,303,875.94 24,303,875.94
Principal remittance amount 23,113,175.14 23,113,175.14
Interest remittance amount 1,190,700.80 1,190,700.80