Payment Date: 11/25/99 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 1999-1 BANK OF AMERICA, FSB, 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 A-1 154,406,856.56 6.500000% 1,279,713.11 836,370.47 2,116,083.58 0.00 0.00 A-2 61,668,307.51 6.000000% 511,035.64 308,341.54 819,377.18 0.00 0.00 A-3 93,863,152.29 6.500000% 654,606.20 508,425.41 1,163,031.61 0.00 0.00 A-4 244,577.85 6.250000% 178,394.18 1,273.84 179,668.02 0.00 0.00 A-5 25,000,000.00 6.250000% 0.00 130,208.33 130,208.33 0.00 0.00 A-6 18,319,187.89 5.910000% 127,758.91 90,222.00 217,980.91 0.00 0.00 A-7 18,319,187.89 2.590000% 0.00 39,538.91 39,538.91 0.00 0.00 A-8 7,068,000.00 6.500000% 0.00 38,285.00 38,285.00 0.00 0.00 A-9 3,556,666.00 6.400000% 0.00 18,968.89 18,968.89 0.00 0.00 A-10 17,755,000.00 6.500000% 0.00 96,172.92 96,172.92 0.00 0.00 A-11 4,843,000.00 6.500000% 0.00 26,232.92 26,232.92 0.00 0.00 A-12 2,183,000.00 6.500000% 0.00 11,824.58 11,824.58 0.00 0.00 A-13 1,136,000.00 6.500000% 0.00 6,153.33 6,153.33 0.00 0.00 A-14 1,578,000.00 6.500000% 0.00 8,547.50 8,547.50 0.00 0.00 A-15 1,868,444.00 6.500000% 0.00 10,120.74 10,120.74 0.00 0.00 A-16 2,000,000.00 6.500000% 0.00 10,833.33 10,833.33 0.00 0.00 A-17 1,000,000.00 7.500000% 0.00 6,250.00 6,250.00 0.00 0.00 A-18 1,625,000.00 6.410000% 0.00 8,680.21 8,680.21 0.00 0.00 A-19 375,000.00 6.890000% 0.00 2,153.13 2,153.13 0.00 0.00 A-20 47,026,020.01 6.400000% 317,228.95 250,805.44 568,034.39 0.00 0.00 A-21 24,339,028.97 7.000000% 152,639.03 141,977.67 294,616.70 0.00 0.00 A-22 11,608,445.00 6.000000% 0.00 58,042.22 58,042.22 0.00 0.00 A-23 3,200,334.00 6.250000% 0.00 16,668.41 16,668.41 0.00 0.00 A-24 60,000,000.00 6.500000% 0.00 325,000.00 325,000.00 0.00 0.00 A-PO 1,187,137.87 0.000000% 1,441.93 0.00 1,441.93 0.00 0.00 Residual A-R 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B-1 12,812,931.31 6.500000% 11,447.92 69,403.38 80,851.30 0.00 0.00 B-2 4,469,627.66 6.500000% 3,993.46 24,210.48 28,203.95 0.00 0.00 B-3 2,085,826.91 6.500000% 1,863.62 11,298.23 13,161.85 0.00 0.00 B-4 2,085,826.91 6.500000% 1,863.62 11,298.23 13,161.85 0.00 0.00 B-5 1,191,901.37 6.500000% 1,064.92 6,456.13 7,521.06 0.00 0.00 B-6 1,192,008.25 6.500000% 1,065.02 6,456.71 7,521.73 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 569,689,280.36 - 3,244,116.50 3,080,219.95 6,324,336.46 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior A-1 153,127,143.46 0.00 A-2 61,157,271.87 0.00 A-3 93,208,546.09 0.00 A-4 66,183.67 0.00 A-5 25,000,000.00 0.00 A-6 18,191,428.98 0.00 A-7 18,191,428.98 0.00 A-8 7,068,000.00 0.00 A-9 3,556,666.00 0.00 A-10 17,755,000.00 0.00 A-11 4,843,000.00 0.00 A-12 2,183,000.00 0.00 A-13 1,136,000.00 0.00 A-14 1,578,000.00 0.00 A-15 1,868,444.00 0.00 A-16 2,000,000.00 0.00 A-17 1,000,000.00 0.00 A-18 1,625,000.00 0.00 A-19 375,000.00 0.00 A-20 46,708,791.06 0.00 A-21 24,186,389.94 0.00 A-22 11,608,445.00 0.00 A-23 3,200,334.00 0.00 A-24 60,000,000.00 0.00 A-PO 1,185,695.94 0.00 Residual A-R 0.00 0.00 A-LR 0.00 0.00 - -------------------------------------------------------------------------------- Subordinate B-1 12,801,483.39 0.00 B-2 4,465,634.20 0.00 B-3 2,083,963.29 0.00 B-4 2,083,963.29 0.00 B-5 1,190,836.45 0.00 B-6 1,190,943.23 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 566,445,163.86 - - -------------------------------------------------------------------------------- Payment Date: 11/25/99 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 1999-1 BANK OF AMERICA, FSB, 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 A-1 154,406,856.56 6.500000% 060506AA0 7.690399 5.026144 920.213117 A-2 61,668,307.51 6.000000% 060506AB8 7.689464 4.639561 920.222811 A-3 93,863,152.29 6.500000% 060506AC6 6.546062 5.084254 932.085461 A-4 244,577.85 6.250000% 060506AD4 93.059040 0.664498 34.524604 A-5 25,000,000.00 6.250000% 060506AE4 0.000000 5.208333 1,000.000000 A-6 18,319,187.89 5.910000% 060506AF9 6.546062 4.622760 932.085461 A-7 18,319,187.89 2.590000% 060506AG7 0.000000 2.025880 932.085461 A-8 7,068,000.00 6.500000% 060506AH5 0.000000 5.416667 1,000.000000 A-9 3,556,666.00 6.400000% 060506AJ1 0.000000 5.333333 1,000.000000 A-10 17,755,000.00 6.500000% 060506AK8 0.000000 5.416667 1,000.000000 A-11 4,843,000.00 6.500000% 060506AL6 0.000000 5.416667 1,000.000000 A-12 2,183,000.00 6.500000% 060506AM4 0.000000 5.416667 1,000.000000 A-13 1,136,000.00 6.500000% 060506AN2 0.000000 5.416667 1,000.000000 A-14 1,578,000.00 6.500000% 060506AP7 0.000000 5.416667 1,000.000000 A-15 1,868,444.00 6.500000% 060506AQ5 0.000000 5.416667 1,000.000000 A-16 2,000,000.00 6.500000% 060506AR3 0.000000 5.416667 1,000.000000 A-17 1,000,000.00 7.500000% 060506AS1 0.000000 6.250000 1,000.000000 A-18 1,625,000.00 6.410000% 060506AT9 0.000000 5.341667 1,000.000000 A-19 375,000.00 6.890000% 060506AU6 0.000000 5.741667 1,000.000000 A-20 47,026,020.01 6.400000% 060506AV4 6.344579 5.016109 934.175821 A-21 24,339,028.97 7.000000% 060506AW2 5.923129 5.509417 938.548310 A-22 11,608,445.00 6.000000% 060506AX0 0.000000 5.000000 1,000.000000 A-23 3,200,334.00 6.250000% 060506AY8 0.000000 5.208333 1,000.000000 A-24 60,000,000.00 6.500000% 060506AZ5 0.000000 5.416667 1,000.000000 A-PO 1,187,137.87 0.000000% 060506BA9 1.184936 0.000000 974.372960 Residual A-R 0.00 6.500000% 060506BB7 0.000000 0.000000 0.000000 A-LR 0.00 6.500000% 060506BC5 0.000000 0.000000 0.000000 - ------------------------------------------------------------------------------------------------------------------------ Subordinate B-1 12,812,931.31 6.500000% 060506BD3 0.887311 5.379348 992.223142 B-2 4,469,627.66 6.500000% 060506BE1 0.887311 5.379348 992.223142 B-3 2,085,826.91 6.500000% 060506BF8 0.887311 5.379348 992.223142 B-4 2,085,826.91 6.500000% 060506BG6 0.887311 5.379348 992.223142 B-5 1,191,901.37 6.500000% 060506BH4 0.887311 5.379348 992.223142 B-6 1,192,008.25 6.500000% 060506BJ0 0.887311 5.379348 992.223142 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 569,689,280.36 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 1999-1 BANK OF AMERICA, FSB, MASTER SERVICER ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- Aggregated stated principal balance 566,445,163.40 566,445,163.40 Aggregated loan count 1706 1706 Aggregated average loan rate 7.073021% 7.07 Aggregated prepayment amount 2,734,997.31 2,734,997.31 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- Monthly master servicing fees 269,060.30 269,060.30 Monthly sub servicer fees 0.00 0.00 Monthly trustee fees 1,661.59 1,661.59 Aggregate advances N/A N/A Advances this periods 0.00 0.00 - -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES - -------------------------------------------------------------------------------- Total ----- Net realized losses (this period) 0.00 0.00 Cumulative losses (from Cut-Off) 0.00 0.00 Coverage Amounts Total - ---------------- ----- Bankruptcy 0.00 0.00 Fraud 6,000,846.00 6,000,846.00 Special Hazard 5,696,892.80 5,696,892.80 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 95.819175% 100.000000% 545,851,157.95 ----------------------------------------------------------------------------- Junior 4.180825% 0.000000% 23,816,823.85 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 1 497,150.71 60 to 89 days 1 318,441.62 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 2 815,592.33 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 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 6,324,336.46 6,324,336.46 Principal remittance amount 3,244,116.50 3,244,116.50 Interest remittance amount 3,080,219.95 3,080,219.95