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): May 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 May 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 May 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: May 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 May 25, 2004
Payment Date: 05/25/04
------------------------------------------------------------
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 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
1-A-3 2,050,543.78 6.250000% 1,197,019.10 10,679.92 1,207,699.01 0.00 0.00
1-A-4 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
1-A-5 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
1-A-6 6,470,048.21 6.250000% 5,524,703.53 33,698.17 5,558,401.70 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 9,818,000.00 6.000000% 5,732,000.00 49,090.00 5,781,090.00 0.00 0.00
1-A-9 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
1-A-10 0.00 1.650000% 0.00 0.00 0.00 0.00 0.00
1-A-11 0.00 6.850000% 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 1.650000% 0.00 0.00 0.00 0.00 0.00
1-A-36 0.00 6.850000% 0.00 0.00 0.00 0.00 0.00
1-A-37 298,467.20 6.250000% 0.00 1,554.52 1,554.52 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 2.51 2.51 0.00 0.00
1-A-LR 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
1-A-IO 77,183,903.67 0.300511% 0.00 19,328.86 19,328.86 0.00 0.00
2-A-1 16,080,334.57 5.750000% 3,560,483.94 75,314.86 3,635,798.80 0.00 1,736.75
2-A-IO 17,707,735.66 0.347300% 0.00 5,009.40 5,009.40 0.00 115.52
3-A-1 4,900,228.40 6.250000% 958,267.72 25,392.87 983,660.59 0.00 129.15
3-A-2 30,504,990.94 6.000000% 5,965,425.62 151,753.12 6,117,178.74 0.00 771.83
3-A-3 3,389,443.44 2.000000% 662,825.07 5,620.49 668,445.55 0.00 28.59
3-A-4 3,389,443.44 6.500000% 0.00 18,266.58 18,266.58 0.00 92.91
3-A-5 8,820,411.12 6.250000% 1,724,881.89 45,707.17 1,770,589.06 0.00 232.47
3-A-6 89,095.06 6.250000% 17,423.05 461.69 17,884.74 0.00 2.35
3-A-IO 51,992,482.11 0.295233% 0.00 12,726.87 12,726.87 0.00 64.73
1-A-PO 233,299.48 0.000000% 19,999.70 0.00 19,999.70 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 7,290,957.71 6.250000% 7,358.81 37,973.74 45,332.55 0.00 0.00
1-B-2 3,239,662.32 6.250000% 3,269.81 16,873.24 20,143.06 0.00 0.00
1-B-3 1,620,321.87 6.250000% 1,635.40 8,439.18 10,074.58 0.00 0.00
1-B-4 1,080,541.72 6.250000% 1,090.60 5,627.82 6,718.42 0.00 0.00
1-B-5 809,670.23 6.250000% 817.21 4,217.03 5,034.24 0.00 0.00
1-B-6 810,558.96 6.250000% 818.10 4,221.66 5,039.76 0.00 0.00
2-B-1 846,054.48 5.750000% 3,577.99 3,962.63 7,540.63 0.00 91.38
2-B-2 260,395.74 5.750000% 1,101.22 1,219.61 2,320.83 0.00 28.12
2-B-3 260,395.74 5.750000% 1,101.22 1,219.61 2,320.83 0.00 28.12
2-B-4 64,867.27 5.750000% 274.33 303.82 578.14 0.00 7.01
2-B-5 64,867.27 5.750000% 274.33 303.82 578.14 0.00 7.01
2-B-6 130,820.87 5.750000% 553.25 612.72 1,165.97 0.00 14.13
3-B-1 7,023,836.42 6.250000% 7,176.04 36,397.36 43,573.40 0.00 185.12
3-B-2 3,241,544.18 6.250000% 3,311.79 16,797.61 20,109.40 0.00 85.43
3-B-3 1,621,262.79 6.250000% 1,656.40 8,401.35 10,057.74 0.00 42.73
3-B-4 1,080,514.73 6.250000% 1,103.93 5,599.20 6,703.13 0.00 28.48
3-B-5 810,631.39 6.250000% 828.20 4,200.67 5,028.87 0.00 21.37
3-B-6 811,171.60 6.250000% 828.73 4,203.47 5,032.20 0.00 21.38
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 171,418,470.27 - 25,399,806.97 917,233.64 26,317,040.61 - 3,734.56
- ----------------------------------------------------------------------------------------------------------------------------------
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-3 853,524.68 0.00
1-A-4 0.00 0.00
1-A-5 0.00 0.00
1-A-6 945,344.68 0.00
1-A-7 2,994,000.00 0.00
1-A-8 4,086,000.00 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-37 124,214.40 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 66,693,650.96 0.00
2-A-1 12,519,850.63 1,736.75
2-A-IO 14,140,369.38 115.52
3-A-1 3,941,960.68 129.15
3-A-2 24,539,565.32 771.83
3-A-3 2,726,618.37 28.59
3-A-4 2,726,618.37 92.91
3-A-5 7,095,529.23 232.47
3-A-6 71,672.01 2.35
3-A-IO 43,918,048.77 64.73
1-A-PO 213,299.78 0.00
- --------------------------------------------------------------------------------
Subordinate 1-B-1 7,283,598.90 0.00
1-B-2 3,236,392.51 0.00
1-B-3 1,618,686.47 0.00
1-B-4 1,079,451.12 0.00
1-B-5 808,853.02 0.00
1-B-6 809,740.86 0.00
2-B-1 842,476.49 91.38
2-B-2 259,294.52 28.12
2-B-3 259,294.52 28.12
2-B-4 64,592.94 7.01
2-B-5 64,592.94 7.01
2-B-6 130,267.62 14.13
3-B-1 7,016,660.37 185.12
3-B-2 3,238,232.39 85.43
3-B-3 1,619,606.39 42.73
3-B-4 1,079,410.80 28.48
3-B-5 809,803.20 21.37
3-B-6 810,342.87 21.38
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 146,018,663.30 3,734.56
- --------------------------------------------------------------------------------
Payment Date: 05/25/04
------------------------------------------------------------
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 0.00 6.250000% 06050HSM1 0.000000 0.000000 0.000000
1-A-3 2,050,543.78 6.250000% 06050HSN9 368.313569 3.286128 262.622978
1-A-4 0.00 6.250000% 06050HSP4 0.000000 0.000000 0.000000
1-A-5 0.00 6.250000% 06050HSQ2 0.000000 0.000000 0.000000
1-A-6 6,470,048.21 6.250000% 06050HSR0 460.161880 2.806777 78.739354
1-A-7 2,994,000.00 6.250000% 06050HSS8 0.000000 5.208333 1,000.000000
1-A-8 9,818,000.00 6.000000% 06050HST6 316.545173 2.710956 225.646123
1-A-9 0.00 6.250000% 06050HSU3 0.000000 0.000000 0.000000
1-A-10 0.00 1.650000% 06050HSV1 0.000000 0.000000 0.000000
1-A-11 0.00 6.850000% 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 1.650000% 06050HTW8 0.000000 0.000000 0.000000
1-A-36 0.00 6.850000% 06050HTX6 0.000000 0.000000 0.000000
1-A-37 298,467.20 6.250000% 06050HTY4 0.000000 2.823914 225.646205
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 50.240223 0.000000
1-A-LR 0.00 6.250000% 06050HUC0 0.000000 0.000000 0.000000
1-A-IO 77,183,903.67 0.300511% 06050HUD8 0.000000 0.039710 137.018745
2-A-1 16,080,334.57 5.750000% 06050HUE6 25.675024 0.543103 90.281959
2-A-IO 17,707,735.66 0.347300% 06050HUF3 0.000000 0.035780 100.998133
3-A-1 4,900,228.40 6.250000% 06050HUG1 17.423049 0.461689 71.672012
3-A-2 30,504,990.94 6.000000% 06050HUH9 17.423049 0.443221 71.672012
3-A-3 3,389,443.44 2.000000% 06050HUJ5 17.423049 0.147740 71.672012
3-A-4 3,389,443.44 6.500000% 06050HUK2 0.000000 0.480156 71.672012
3-A-5 8,820,411.12 6.250000% 06050HUL0 17.423049 0.461689 71.672012
3-A-6 89,095.06 6.250000% 06050HUM8 17.423049 0.461689 71.672012
3-A-IO 51,992,482.11 0.295233% 06050HUN6 0.000000 0.025463 87.866876
1-A-PO 233,299.48 0.000000% 06050HUP1 29.215004 0.000000 311.582449
- ------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 7,290,957.71 6.250000% 06050HUQ9 0.990553 5.111554 980.427904
1-B-2 3,239,662.32 6.250000% 06050HUR7 0.990553 5.111554 980.427904
1-B-3 1,620,321.87 6.250000% 06050HUS5 0.990553 5.111554 980.427904
1-B-4 1,080,541.72 6.250000% 06050HUZ9 0.990553 5.111554 980.427904
1-B-5 809,670.23 6.250000% 06050HVA3 0.990553 5.111554 980.427904
1-B-6 810,558.96 6.250000% 06050HVB1 0.990553 5.111557 980.428308
2-B-1 846,054.48 5.750000% 06050HUT3 3.918942 4.340234 922.756283
2-B-2 260,395.74 5.750000% 06050HUU0 3.918942 4.340234 922.756283
2-B-3 260,395.74 5.750000% 06050HUV8 3.918942 4.340234 922.756283
2-B-4 64,867.27 5.750000% 06050HVC9 3.918942 4.340234 922.756283
2-B-5 64,867.27 5.750000% 06050HVD7 3.918942 4.340234 922.756283
2-B-6 130,820.87 5.750000% 06050HVE5 3.918949 4.340242 922.758066
3-B-1 7,023,836.42 6.250000% 06050HUW6 1.002661 5.085561 980.391278
3-B-2 3,241,544.18 6.250000% 06050HUX4 1.002661 5.085561 980.391278
3-B-3 1,621,262.79 6.250000% 06050HUY2 1.002661 5.085561 980.391278
3-B-4 1,080,514.73 6.250000% 06050HVF2 1.002661 5.085561 980.391278
3-B-5 810,631.39 6.250000% 06050HVG0 1.002661 5.085561 980.391278
3-B-6 811,171.60 6.250000% 06050HVH8 1.002637 5.085564 980.391953
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 171,418,470.27 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-8
Bank of America, N.A., Master Servicer
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Prin balance 78,867,871.19 14,140,369.38 53,011,292.66
Loan count 180 33 123
Avg loan rate 6.744531% 6.348300% 6.738968%
Prepay amount 12,376,902.62 3,492,479.65 9,299,200.86
Total
-----
Prin balance 146,019,533.23
Loan count 336
Avg loan rate 6.70
Prepay amount 25,168,583.13
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Master serv fees 1,489.70 0.00 0.00
Sub servicer fees 0.00 0.00 0.00
Trustee fees 76.11 14.76 51.98
Agg advances N/A N/A N/A
Adv this period 0.00 0.00 0.00
Total
-----
Master serv fees 1,489.70
Sub servicer fees 0.00
Trustee fees 142.85
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 81.893458% 100.000000% 140,350,395.00
-----------------------------------------------------------------------------
Junior 18.106542% 0.000000% 31,031,297.91
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 1 436,952.81
60 to 89 days 2 818,276.05
90 or more 0 0.00
Foreclosure 1 361,632.47
Totals: 4 1,616,861.33
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 26,317,040.61 26,317,040.61
Principal remittance amount 25,399,806.97 25,399,806.97
Interest remittance amount 917,233.64 917,233.64