Payment Date: 11/25/99
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-2
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 94,406,914.09 6.500000% 600,530.06 511,370.78 1,111,900.85 0.00 0.00
A-2 95,278,343.09 6.500000% 506,964.66 516,091.03 1,023,055.69 0.00 0.00
A-3 26,800,000.00 6.500000% 0.00 145,166.67 145,166.67 0.00 0.00
A-4 4,826,000.00 6.500000% 0.00 26,140.83 26,140.83 0.00 0.00
A-5 7,621,000.00 6.500000% 0.00 41,280.42 41,280.42 0.00 0.00
A-6 6,009,000.00 6.500000% 0.00 32,548.75 32,548.75 0.00 0.00
A-7 8,456,429.00 6.900000% 0.00 48,624.47 48,624.47 0.00 0.00
A-8 3,382,571.00 5.500000% 0.00 15,503.45 15,503.45 0.00 0.00
A-9 311,960.88 6.500000% 1,400.01 1,689.79 3,089.80 0.00 0.00
A-10 7,375,722.94 6.500000% 0.00 0.00 0.00 0.00 0.00
A-11 50,559,000.00 5.750000% 0.00 242,261.88 242,261.88 0.00 0.00
A-12 48,883,000.00 5.900000% 0.00 240,341.42 240,341.42 0.00 0.00
A-13 70,110,607.79 6.350000% 1,167,184.10 371,001.97 1,538,186.06 0.00 0.00
PAC IO A 36,349,247.22 8.639402% 0.00 91,606.37 91,606.37 0.00 0.00
A-PO 742,558.56 0.000000% 947.80 0.00 947.80 0.00 0.00
Residual A-R 0.00 6.500000% 0.00 7.91 7.91 0.00 0.00
A-LR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
- ----------------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 10,695,098.83 6.500000% 9,291.29 57,931.79 67,223.08 0.00 0.00
B-2 3,730,848.54 6.500000% 3,241.15 20,208.76 23,449.91 0.00 0.00
B-3 1,741,063.32 6.500000% 1,512.54 9,430.76 10,943.30 0.00 0.00
B-4 1,741,063.32 6.500000% 1,512.54 9,430.76 10,943.30 0.00 0.00
B-5 994,893.61 6.500000% 864.31 5,389.01 6,253.31 0.00 0.00
B-6 995,277.35 6.500000% 864.64 5,391.09 6,255.73 0.00 0.00
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- ----------------------------------------------------------------------------------------------------------------------------------
Totals - - 481,010,599.53 - 2,294,313.09 2,391,417.87 4,685,730.97 - -
- ----------------------------------------------------------------------------------------------------------------------------------
Class Information
- --------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior A-1 93,806,384.03 0.00
A-2 94,771,378.42 0.00
A-3 26,800,000.00 0.00
A-4 4,826,000.00 0.00
A-5 7,621,000.00 0.00
A-6 6,009,000.00 0.00
A-7 8,456,429.00 0.00
A-8 3,382,571.00 0.00
A-9 310,560.87 0.00
A-10 7,415,674.77 0.00
A-11 50,559,000.00 0.00
A-12 48,883,000.00 0.00
A-13 68,943,423.70 0.00
PAC IO A 36,519,337.31 0.00
A-PO 741,610.76 0.00
Residual A-R 0.00 0.00
A-LR 0.00 0.00
- --------------------------------------------------------------------------------
Subordinate B-1 10,685,807.54 0.00
B-2 3,727,607.40 0.00
B-3 1,739,550.78 0.00
B-4 1,739,550.78 0.00
B-5 994,029.30 0.00
B-6 994,412.71 0.00
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Totals - - 478,926,328.36 -
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Payment Date: 11/25/99
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-2
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 94,406,914.09 6.500000% 060506BK7 6.005301 5.113708 938.063840
A-2 95,278,343.09 6.500000% 060506BL5 5.069647 5.160910 947.713784
A-3 26,800,000.00 6.500000% 060506BM3 0.000000 5.416667 1,000.000000
A-4 4,826,000.00 6.500000% 060506BN1 0.000000 5.416667 1,000.000000
A-5 7,621,000.00 6.500000% 060506BP6 0.000000 5.416667 1,000.000000
A-6 6,009,000.00 6.500000% 060506BQ4 0.000000 5.416667 1,000.000000
A-7 8,456,429.00 6.900000% 060506BR2 0.000000 5.750000 1,000.000000
A-8 3,382,571.00 5.500000% 060506BS0 0.000000 4.583333 1,000.000000
A-9 311,960.88 6.500000% 060506BT8 4.307726 5.199348 955.571919
A-10 7,375,722.94 6.500000% 060506BU5 0.000000 0.000000 662.172941
A-11 50,559,000.00 5.750000% 060506BV3 0.000000 4.791667 1,000.000000
A-12 48,883,000.00 5.900000% 060506BW1 0.000000 4.916667 1,000.000000
A-13 70,110,607.79 6.350000% 060506BX9 15.283880 4.858145 902.790783
PAC IO A 36,349,247.22 8.639402% 060506BY7 0.000000 2.603637 1,037.952970
A-PO 742,558.56 0.000000% 060506BZ4 1.265477 0.000000 990.178155
Residual A-R 0.00 6.500000% 060506CA8 0.000000 79.068376 0.000000
A-LR 0.00 6.500000% 060506CB6 0.000000 0.000000 0.000000
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 10,695,098.83 6.500000% 060506CC4 0.863656 5.384947 993.280368
B-2 3,730,848.54 6.500000% 060506CD2 0.863656 5.384947 993.280368
B-3 1,741,063.32 6.500000% 060506CE0 0.863656 5.384947 993.280368
B-4 1,741,063.32 6.500000% 060506CF7 0.863656 5.384947 993.280368
B-5 994,893.61 6.500000% 060506CQ5 0.863656 5.384947 993.280368
B-6 995,277.35 6.500000% 060506CH3 0.863655 5.384943 993.279604
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Totals - - 481,010,599.53 - - - - -
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-2
BANK OF AMERICA, FSB, MASTER SERVICER
------------------------------------------------------------
- --------------------------------------------------------------------------------
COLLATERAL INFORMATION
- --------------------------------------------------------------------------------
Total
-----
Aggregated stated principal balance 478,927,799.74 478,927,799.74
Aggregated loan count 1428 1428
Aggregated average loan rate 7.168277% 7.17
Aggregated prepayment amount 1,666,319.21 1,666,319.21
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FEES AND ADVANCES
- --------------------------------------------------------------------------------
Total
-----
Monthly master servicing fees 268,525.08 268,525.08
Monthly sub servicer fees 0.00 0.00
Monthly trustee fees 1,402.95 1,402.95
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 5,003,766.00 5,003,766.00
Special Hazard 4,810,120.71 4,810,120.71
Aggregate Certificate Information
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Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 95.866687% 100.000000% 461,112,354.57
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Junior 4.133313% 0.000000% 19,880,958.50
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- --------------------------------------------------------------------------------
DELINQUENCY INFORMATION
- --------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 0 0.00
60 to 89 days 1 298,369.20
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 1 298,369.20
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
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 4,685,730.97 4,685,730.97
Principal remittance amount 2,294,313.09 2,294,313.09
Interest remittance amount 2,391,417.87 2,391,417.87