8-K 1 boa0101_edgar0207.txt BANK OF AMERICA MORTGAGE SECURITIES INC 2001-1 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): July 25, 2002 BOA (Depositor) (Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-1) (Exact name of registrant as specified in charter) North Carolina 333-80941 13-4147977/78 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 100 N. Tryon St., Charlotte, NC 28255 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: 704-388-5770 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 2001-1 On July 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE PASS-THROUGH CERTIFICATES Series 2001-1, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of January 1, 2001, among BOA as Depositor, BANK OF AMERICA MORTGAGE SECURITIES, 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 2001-1 relating to the distribution date of July 25, 2002 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of January 1, 2001. 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: July 25, 2002 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 July 25, 2002 Payment Date: 07/25/02 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-1 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 A1 ~~8,899,977~~0.3700 7.250000% ~~5,532,060~~0.1600 ~~53,770~~0.7000 ~~5,585,830~~0.8600 0.00 0.00 A2 ~~1,548,141~~0.2500 7.000000% ~~962,295~~0.7700 ~~9,030~~0.8200 ~~971,326~~0.5900 0.00 0.00 A3 ~~1,548,141~~0.2500 7.500000% ~~962,295~~0.7700 ~~9,675~~0.8800 ~~971,971~~0.6500 0.00 0.00 A4 86,~~335~~423,~~613~~346.8068 7.250000% 03,858,258.0012 038,807.0072 03,897,065.0084 0.00 0.00 A5 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A6 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A7 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A8 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A9 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A10 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A11 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A12 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A13 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A14 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A15 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00 A16 28,170,000.00 7.250000% 0.00 170,193.75 170,193.75 0.00 0.00 A17 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A18 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A19 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A20 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A21 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00 A22 25,500,000.00 7.250000% 0.00 154,062.50 154,062.50 0.00 0.00 A23 2419,~~128~~177,~~211~~453.9362 6.625000% 21,~~635~~378,~~494~~598.9935 ~~133~~105,~~207~~875.8453 21,~~768~~484,~~702~~473.8388 0.00 0.00 A24 5242,~~872~~024,~~725~~010.3376 6.625000% 53,~~775~~020,~~222~~955.9440 ~~291~~232,~~901~~007.5056 63,~~067~~252,~~124~~962.4496 0.00 0.00 A25 0.00 6.625000% 0.00 0.00 0.00 0.00 0.00 A26 6,~~669~~742,~~048~~888.0168 6.625000% 0.00 0.00 0.00 0.00 0.00 A27 75,~~212~~857,~~929~~271.7681 7.250000% 0.00 4335,~~578~~387.1268 4335,~~578~~387.1268 0.00 0.00 APO 11,~~243~~223.1156 0.000000% 9.7587 0.00 9.7587 0.00 0.00 Residual AR 0.00 7.250000% 0.00 0.0416 0.0416 0.00 0.00 ALR 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 12,~~769~~748,~~380~~952.7580 7.250000% 10,~~197~~196.5893 77,~~148~~024.3492 87,~~345~~221.9386 0.00 0.00 B2 4,~~454~~447,~~297~~171.1231 7.250000% 3,~~557~~556.1996 26,~~911~~868.3833 30,~~468~~425.5629 0.00 0.00 B3 2,~~672~~668,~~776~~500.1131 7.250000% 2,134.4733 16,~~148~~122.0219 18,~~282~~256.4952 0.00 0.00 B4 1,~~484~~482,~~765~~390.7144 7.250000% 1,185.7365 8,~~970~~956.4611 10,~~156~~141.1976 0.00 0.00 B5 1,~~188~~186,~~010~~109.4087 7.250000% 948.7468 7,~~177~~166.5608 8,~~126~~114.3076 0.00 0.00 B6 1,~~188~~186,~~370~~469.1812 7.250000% ~~949~~948.0397 7,~~179~~168.7425 8,~~128~~117.7622 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~181~~151,~~440~~768,~~702~~517.3215 - 158,~~886~~276,~~352~~793.1126 1879,~~008,956~~640.6578 169,~~895~~156,~~308~~434.7604 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 ~~3,367,917~~0.2000 0.00 A2 ~~585,845~~0.4900 0.00 A3 ~~585,845~~0.4900 0.00 A4 82,~~385~~565,~~974~~088.8056 0.00 A5 0.00 0.00 A6 0.00 0.00 A7 0.00 0.00 A8 0.00 0.00 A9 0.00 0.00 A10 0.00 0.00 A11 0.00 0.00 A12 0.00 0.00 A13 0.00 0.00 A14 0.00 0.00 A15 0.00 0.00 A16 28,170,000.00 0.00 A17 0.00 0.00 A18 0.00 0.00 A19 0.00 0.00 A20 0.00 0.00 A21 0.00 0.00 A22 25,500,000.00 0.00 A23 2117,~~492~~798,~~716~~855.9327 0.00 A24 4739,~~097~~003,~~502~~055.3936 0.00 A25 0.00 0.00 A26 6,~~705~~780,~~866~~115.7105 0.00 A27 65,~~491~~481,~~041~~209.9011 0.00 APO 11,~~233~~213.3769 0.00 Residual AR 0.00 0.00 ALR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate B1 12,~~759~~738,~~183~~755.1787 0.00 B2 4,~~450~~443,~~739~~614.9435 0.00 B3 2,~~670~~666,~~641~~365.6497 0.00 B4 1,~~483~~481,~~579~~204.9878 0.00 B5 1,~~187~~185,~~061~~161.6619 0.00 B6 1,~~187~~185,~~421~~520.15 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~165~~143,~~641~~528,~~529~~950.9125 - --------------------------------------------------------------------------------

Payment Date: 07/25/02 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-1 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 A1 ~~8,899,977~~0.3700 7.250000% 060506SS2 350.~~640584~~000000 0.~~346420~~000000 210.~~697981~~000000 A2 ~~1,548,141~~0.2500 7.000000% 060506ST0 350.~~640584~~000000 0.~~334475~~000000 210.~~697981~~000000 A3 ~~1,548,141~~0.2500 7.500000% 060506SU7 350.~~640584~~000000 0.~~358366~~000000 210.~~697981~~000000 A4 86,~~335~~423,~~613~~346.8068 7.250000% 060506SV5 0506.~~000000~~399543 05.~~000000~~093545 ~~1,100~~336.~~666072~~669978 A5 0.00 7.250000% 060506SW3 0.000000 0.000000 0.000000 A6 0.00 7.250000% 060506SX1 0.000000 0.000000 0.000000 A7 0.00 7.250000% 060506SY9 0.000000 0.000000 0.000000 A8 0.00 7.250000% 060506SZ6 0.000000 0.000000 0.000000 A9 0.00 7.250000% 060506TA0 0.000000 0.000000 0.000000 A10 0.00 7.250000% 060506TB8 0.000000 0.000000 0.000000 A11 0.00 7.250000% 060506TC6 0.000000 0.000000 0.000000 A12 0.00 7.250000% 060506TD4 0.000000 0.000000 0.000000 A13 0.00 7.250000% 060506TE2 0.000000 0.000000 0.000000 A14 0.00 7.000000% 060506TF9 0.000000 0.000000 0.000000 A15 0.00 7.500000% 060506TG7 0.000000 0.000000 0.000000 A16 28,170,000.00 7.250000% 060506TH5 0.000000 6.041667 1,000.000000 A17 0.00 7.250000% 060506TJ1 0.000000 0.000000 0.000000 A18 0.00 7.250000% 060506TK8 0.000000 0.000000 0.000000 A19 0.00 7.250000% 060506TL6 0.000000 0.000000 0.000000 A20 0.00 7.000000% 060506TM4 0.000000 0.000000 0.000000 A21 0.00 7.500000% 060506TN2 0.000000 0.000000 0.000000 A22 25,500,000.00 7.250000% 060506TP7 0.000000 6.041667 1,000.000000 A23 2419,~~128~~177,~~211~~453.9362 6.625000% 060506TQ5 5629.~~181944~~388155 2.~~839647~~256993 ~~458~~379.~~169195~~425608 A24 5242,~~872~~024,~~725~~010.3376 6.625000% 060506TR3 9248.~~559066~~416626 43.~~678284~~718368 ~~754~~625.~~828149~~099052 A25 0.00 6.625000% 060506TS1 0.000000 0.000000 0.000000 A26 6,~~669~~742,~~048~~888.0168 6.625000% 060506TT9 0.000000 0.000000 1,~~091~~103.~~627334~~713991 A27 75,~~212~~857,~~929~~271.7681 7.250000% 060506TU6 0.000000 32.~~243585~~633958 ~~483~~407.~~137983~~974614 APO 11,~~243~~223.1156 0.000000% 060506TV4 0.~~822187~~832336 0.000000 ~~947~~945.~~625850~~966276 Residual AR 0.00 7.250000% 060506TW2 0.000000 03.~~719788~~253133 0.000000 ALR 0.00 7.250000% 060506TX0 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 12,~~769~~748,~~380~~952.7580 7.250000% 060506TY8 0.~~789959~~789909 5.~~976322~~966761 ~~988~~986.~~394389~~811981 B2 4,~~454~~447,~~297~~171.1231 7.250000% 060506TZ5 0.~~789959~~789909 5.~~976322~~966761 ~~988~~986.~~394389~~811981 B3 2,~~672~~668,~~776~~500.1131 7.250000% 060506UA8 0.~~789959~~789909 5.~~976322~~966761 ~~988~~986.~~394389~~811981 B4 1,~~484~~482,~~765~~390.7144 7.250000% 060506UB6 0.~~789959~~789909 5.~~976322~~966761 ~~988~~986.~~394389~~811981 B5 1,~~188~~186,~~010~~109.4087 7.250000% 060506UC4 0.~~789959~~789909 5.~~976322~~966761 ~~988~~986.~~394389~~811981 B6 1,~~188~~186,~~370~~469.1812 7.250000% 060506UD2 0.~~789959~~789909 5.~~976324~~966763 ~~988~~986.~~394668~~812300 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~181~~151,~~440~~768,~~702~~517.3215 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-1 Bank of America, N.A., Master Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 143,528,949.81 143,528,949.81 Loan count 374 374 Avg loan rate 8.093233% 8.09 Prepay amount 8,118,177.73 8,118,177.73 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 89,262.42 89,262.42 Sub servicer fees 0.00 0.00 Trustee fees 442.66 442.66 Agg advances N/A N/A Adv this period 0.00 0.00 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 Cumulative losses 0.00 0.00 Coverage Amounts Total ---------------- ----- Bankruptcy 100,000.00 100,000.00 Fraud 0.00 0.00 Special Hazard 1,727,432.90 1,727,432.90 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 84.381751% 100.000000% 128,048,923.31 ----------------------------------------------------------------------------- Junior 15.618249% 0.000000% 23,700,622.32 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 7 2,800,621.63 60 to 89 days 4 1,963,949.91 90 or more 3 1,335,004.49 Foreclosure 1 473,338.19 Totals: 15 6,572,914.22 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 9,156,434.04 9,156,434.04 Principal remittance amount 8,276,793.26 8,276,793.26 Interest remittance amount 879,640.78 879,640.78

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