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 2002-10)
(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 May 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 May 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: 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 2002-10
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 5,580.44 5,580.44 0.00 29.14
1-A-7 4,218,000.00 5.500000% 0.00 19,232.06 19,232.06 0.00 100.44
1-A-8 2,862,000.00 5.500000% 0.00 13,049.35 13,049.35 0.00 68.15
1-A-9 3,013,000.00 5.500000% 0.00 13,737.84 13,737.84 0.00 71.74
1-A-10 1,657,000.00 5.500000% 0.00 7,555.13 7,555.13 0.00 39.46
1-A-11 755,000.00 5.500000% 0.00 3,442.44 3,442.44 0.00 17.98
1-A-12 958,000.00 5.500000% 0.00 4,368.02 4,368.02 0.00 22.81
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 3,176,590.36 1.750000% 1,670,845.40 4,608.46 1,675,453.86 0.00 24.07
1-A-18 3,176,590.36 6.750000% 0.00 17,775.49 17,775.49 0.00 92.83
1-A-19 464,455.58 5.750000% 464,455.58 2,213.95 466,669.53 0.00 11.56
1-A-20 0.00 4.750000% 0.00 0.00 0.00 0.00 0.00
1-A-21 5,713,630.88 4.750000% 3,005,295.85 22,498.96 3,027,794.81 0.00 117.50
1-A-22 0.00 5.750000% 0.00 0.00 0.00 0.00 0.00
1-A-23 0.00 5.750000% 0.00 0.00 0.00 0.00 0.00
1-A-24 424,202.76 5.750000% 424,202.76 2,022.08 426,224.84 0.00 10.56
1-A-25 2,309,091.00 5.750000% 793,316.41 11,006.91 804,323.32 0.00 57.48
1-A-26 15,000,000.00 6.000000% 0.00 74,610.35 74,610.35 0.00 389.65
1-A-27 0.00 3.000000% 0.00 0.00 0.00 0.00 0.00
1-A-28 5,379,686.26 2.750000% 4,649,707.45 12,264.40 4,661,971.85 0.00 64.05
1-A-29 0.00 4.500000% 0.00 0.00 0.00 0.00 0.00
1-A-30 697,760.40 4.750000% 603,080.10 2,747.62 605,827.72 0.00 14.35
1-A-31 11,356,926.00 5.250000% 0.00 49,428.41 49,428.41 0.00 258.14
1-A-32 61,486,960.27 5.500000% 9,640,736.08 280,351.12 9,921,087.20 0.00 1,464.11
1-A-33 15,817,000.00 6.000000% 0.00 78,674.13 78,674.13 0.00 410.87
1-A-34 250,000.00 6.000000% 0.00 1,243.51 1,243.51 0.00 6.49
1-A-35 9,602,892.58 6.000000% 0.00 47,765.01 47,765.01 0.00 249.45
Residual 1-A-R 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-LR 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00
1-A-WIO 134,222,927.35 0.303844% 0.00 33,809.08 33,809.08 0.00 176.57
2-A-1 16,261,055.15 5.000000% 2,866,451.66 65,834.93 2,932,286.59 0.00 1,919.47
2-A-2 0.00 5.500000% 0.00 0.00 0.00 0.00 0.00
2-A-3 6,020,957.85 5.500000% 1,744,959.59 26,814.27 1,771,773.86 0.00 781.79
2-A-4 3,878,000.00 5.500000% 0.00 17,270.63 17,270.63 0.00 503.54
2-A-5 2,757,746.75 1.600000% 486,127.60 3,572.83 489,700.43 0.00 104.17
2-A-6 2,757,746.75 6.900000% 0.00 15,407.82 15,407.82 0.00 449.23
2-A-7 285,425.73 5.000000% 50,314.02 1,155.58 51,469.60 0.00 33.69
2-A-WIO 30,260,423.24 0.374529% 0.00 9,176.94 9,176.94 0.00 267.56
1-A-PO 197,502.24 0.000000% 12,657.65 0.00 12,657.65 0.00 0.00
1-SES 0.00 0.000000% 0.00 0.00 0.00 0.00 29,953.63
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 6,145,987.13 6.000000% 6,615.04 30,570.28 37,185.33 0.00 159.65
1-B-2 2,950,191.71 6.000000% 3,175.35 14,674.32 17,849.67 0.00 76.64
1-B-3 1,474,604.65 6.000000% 1,587.14 7,334.72 8,921.86 0.00 38.31
1-B-4 983,397.24 6.000000% 1,058.45 4,891.44 5,949.89 0.00 25.55
1-B-5 737,793.53 6.000000% 794.10 3,669.80 4,463.90 0.00 19.17
1-B-6 737,778.41 6.000000% 794.08 3,669.73 4,463.80 0.00 19.16
2-B-1 980,941.28 5.500000% 4,178.93 4,368.61 8,547.54 0.00 127.37
2-B-2 280,668.56 5.500000% 1,195.68 1,249.95 2,445.64 0.00 36.44
2-B-3 209,802.08 5.500000% 893.78 934.35 1,828.13 0.00 27.24
2-B-4 69,934.03 5.500000% 297.93 311.45 609.38 0.00 9.08
2-B-5 69,934.03 5.500000% 297.93 311.45 609.38 0.00 9.08
2-B-6 140,744.08 5.500000% 599.58 626.80 1,226.38 0.00 18.27
- ----------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 179,721,767.93 - 26,433,638.14 919,830.67 27,353,468.81 - 38,276.43
- ----------------------------------------------------------------------------------------------------------------------------------
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 29.14
1-A-7 4,218,000.00 100.44
1-A-8 2,862,000.00 68.15
1-A-9 3,013,000.00 71.74
1-A-10 1,657,000.00 39.46
1-A-11 755,000.00 17.98
1-A-12 958,000.00 22.81
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 1,505,744.96 24.07
1-A-18 1,505,744.96 92.83
1-A-19 0.00 11.56
1-A-20 0.00 0.00
1-A-21 2,708,335.03 117.50
1-A-22 0.00 0.00
1-A-23 0.00 0.00
1-A-24 0.00 10.56
1-A-25 1,515,774.59 57.48
1-A-26 15,000,000.00 389.65
1-A-27 0.00 0.00
1-A-28 729,978.81 64.05
1-A-29 0.00 0.00
1-A-30 94,680.30 14.35
1-A-31 11,356,926.00 258.14
1-A-32 51,846,224.19 1,464.11
1-A-33 15,817,000.00 410.87
1-A-34 250,000.00 6.49
1-A-35 6,155,264.68 249.45
Residual 1-A-R 0.00 0.00
1-A-LR 0.00 0.00
1-A-WIO 115,128,922.23 176.57
2-A-1 13,394,603.49 1,919.47
2-A-2 0.00 0.00
2-A-3 4,275,998.26 781.79
2-A-4 3,878,000.00 503.54
2-A-5 2,271,619.15 104.17
2-A-6 2,271,619.15 449.23
2-A-7 235,111.71 33.69
2-A-WIO 25,108,002.03 267.56
1-A-PO 184,844.59 0.00
1-SES 0.00 29,953.63
- --------------------------------------------------------------------------------
Subordinate 1-B-1 6,139,372.09 159.65
1-B-2 2,947,016.36 76.64
1-B-3 1,473,017.50 38.31
1-B-4 982,338.79 25.55
1-B-5 736,999.43 19.17
1-B-6 736,984.33 19.16
2-B-1 976,762.35 127.37
2-B-2 279,472.88 36.44
2-B-3 208,908.30 27.24
2-B-4 69,636.10 9.08
2-B-5 69,636.10 9.08
2-B-6 140,144.50 18.27
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 153,288,129.79 38,276.43
- --------------------------------------------------------------------------------
Payment Date: 05/25/04
------------------------------------------------------------
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 4.974024 1,000.000000
1-A-7 4,218,000.00 5.500000% 06050HYQ5 0.000000 4.559522 1,000.000000
1-A-8 2,862,000.00 5.500000% 06050HYR3 0.000000 4.559522 1,000.000000
1-A-9 3,013,000.00 5.500000% 06050HYS1 0.000000 4.559522 1,000.000000
1-A-10 1,657,000.00 5.500000% 06050HYT9 0.000000 4.559522 1,000.000000
1-A-11 755,000.00 5.500000% 06050HYU6 0.000000 4.559522 1,000.000000
1-A-12 958,000.00 5.500000% 06050HYV4 0.000000 4.559522 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 3,176,590.36 1.750000% 06050HZA9 54.241343 0.149606 48.881620
1-A-18 3,176,590.36 6.750000% 06050HZB7 0.000000 0.577053 48.881620
1-A-19 464,455.58 5.750000% 06050HZC5 30.963705 0.147597 0.000000
1-A-20 0.00 4.750000% 06050HZD3 0.000000 0.000000 0.000000
1-A-21 5,713,630.88 4.750000% 06050HZE1 60.105917 0.449979 54.166701
1-A-22 0.00 5.750000% 06050HZF8 0.000000 0.000000 0.000000
1-A-23 0.00 5.750000% 06050HZG6 0.000000 0.000000 0.000000
1-A-24 424,202.76 5.750000% 06050HZH4 532.249382 2.537112 0.000000
1-A-25 2,309,091.00 5.750000% 06050HZJ0 343.562211 4.766773 656.437789
1-A-26 15,000,000.00 6.000000% 06050HZK7 0.000000 4.974024 1,000.000000
1-A-27 0.00 3.000000% 06050HZL5 0.000000 0.000000 0.000000
1-A-28 5,379,686.26 2.750000% 06050HZM3 116.242686 0.306610 18.249470
1-A-29 0.00 4.500000% 06050HZN1 0.000000 0.000000 0.000000
1-A-30 697,760.40 4.750000% 06050HZP6 390.830316 1.780614 61.358236
1-A-31 11,356,926.00 5.250000% 06050HZQ4 0.000000 4.352271 1,000.000000
1-A-32 61,486,960.27 5.500000% 06050HZR2 128.543148 3.738015 691.282989
1-A-33 15,817,000.00 6.000000% 06050HZS0 0.000000 4.974024 1,000.000000
1-A-34 250,000.00 6.000000% 06050HZT8 0.000000 4.974024 1,000.000000
1-A-35 9,602,892.58 6.000000% 06050HZU5 0.000000 0.817114 105.297837
Residual 1-A-R 0.00 6.000000% 06050HZV3 0.000000 0.000000 0.000000
1-A-LR 0.00 6.000000% 06050HZW1 0.000000 0.000000 0.000000
1-A-WIO134,222,927.35 0.303844% 06050HZX9 0.000000 0.071547 243.635279
2-A-1 16,261,055.15 5.000000% 06050HZY7 34.699324 0.796953 162.146004
2-A-2 0.00 5.500000% 06050HZZ4 0.000000 0.000000 0.000000
2-A-3 6,020,957.85 5.500000% 06050HA24 116.330640 1.787618 285.066551
2-A-4 3,878,000.00 5.500000% 06050HA32 0.000000 4.453488 1,000.000000
2-A-5 2,757,746.75 1.600000% 06050HA40 34.699324 0.255025 162.146004
2-A-6 2,757,746.75 6.900000% 06050HA57 0.000000 1.099795 162.146004
2-A-7 285,425.73 5.000000% 06050HA65 34.699324 0.796953 162.146004
2-A-WIO 30,260,423.24 0.374529% 06050HA73 0.000000 0.061600 168.537820
1-A-PO 197,502.24 0.000000% 06050HA81 43.853406 0.000000 640.408340
1-SES 0.00 0.000000% 06050HC55 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate 1-B-1 6,145,987.13 6.000000% 06050HA99 1.057391 4.886554 981.357431
1-B-2 2,950,191.71 6.000000% 06050HB23 1.057391 4.886554 981.357431
1-B-3 1,474,604.65 6.000000% 06050HB31 1.057391 4.886554 981.357431
1-B-4 983,397.24 6.000000% 06050HB72 1.057391 4.886554 981.357431
1-B-5 737,793.53 6.000000% 06050HB80 1.057391 4.886554 981.357431
1-B-6 737,778.41 6.000000% 06050HB98 1.057383 4.886556 981.357701
2-B-1 980,941.28 5.500000% 06050HB49 3.972366 4.152672 928.481320
2-B-2 280,668.56 5.500000% 06050HB56 3.972366 4.152672 928.481320
2-B-3 209,802.08 5.500000% 06050HB64 3.972366 4.152672 928.481320
2-B-4 69,934.03 5.500000% 06050HC22 3.972366 4.152672 928.481320
2-B-5 69,934.03 5.500000% 06050HC30 3.972366 4.152672 928.481320
2-B-6 140,744.08 5.500000% 06050HC48 3.972337 4.152680 928.483252
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 179,721,767.93 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
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 127,487,859.17 25,800,270.11 153,288,129.28
Loan count 289 58 347
Avg loan rate 6.519190% 6.119051% 6.45
Prepay amount 21,118,188.05 5,023,443.75 26,141,631.80
- --------------------------------------------------------------------------------
FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Master serv fees 0.00 0.00 0.00
Sub servicer fees 0.00 0.00 0.00
Trustee fees 371.92 77.39 449.30
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 91.786163% 100.000000% 164,939,991.21
-----------------------------------------------------------------------------
Junior 8.213837% 0.000000% 14,760,288.73
-----------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 3 1,188,180.03
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 3 1,188,180.03
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 27,353,468.81 27,353,468.81
Principal remittance amount 26,433,638.14 26,433,638.14
Interest remittance amount 919,830.67 919,830.67