8-K 1 boa0101_8k0212.txt 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): December 25, 2002 BOA (Depositor) (Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-1 Trust) (Exact name of registrant as specified in charter) North Carolina 333-80941-11 13-4152756/57 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 101 Barclay St. 8W, New York, NY 10286 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: 212-815-6140 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 Trust On December 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE PASS-THROUGH CERTIFICATES Series 2001-1 Trust, 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 Trust relating to the distribution date of December 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: December 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 December 25, 2002 Payment Date: 12/25/02 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-1 Trust Bank of America, N.A., 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 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A2 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A3 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00 A4 0.00 7.250000% 0.00 0.00 0.00 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% 03,698,438.0017 167,~~530~~617.5764 ~~167~~3,~~530~~866,055.5782 0.00 2,~~663~~576.1811 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 92,~~962~~262,~~024~~649.6405 7.250000% 72,~~699~~262,~~375~~649.5905 5913,~~245~~463.4326 72,~~758~~276,~~621~~112.0231 0.00 ~~941~~206.8192 A23 118,~~349~~610,~~979~~448.2911 6.625000% 2,~~739~~123,~~531~~746.1786 6146,~~680~~817.8232 2,~~801~~170,~~212~~564.0018 0.00 ~~980~~719.5253 A24 2418,~~871~~868,~~479~~279.8697 6.625000% 64,~~003~~653,~~199~~817.9007 ~~135~~102,~~162~~591.6690 64,~~138~~756,~~362~~408.5597 0.00 21,~~148~~576.6473 A25 0.00 6.625000% 0.00 0.00 0.00 0.00 0.00 A26 6,~~892~~929,~~394~~850.3770 6.625000% 0.00 0.00 0.00 0.00 ~~595~~579.4309 A27 32,~~716~~966,~~711~~256.5179 7.250000% 0.00 2217,~~103~~649.7687 2217,~~103~~649.7687 0.00 ~~351~~271.3826 APO 5,~~322~~317.4879 0.000000% 4139.6819 0.00 4139.6819 0.00 0.00 Residual AR 0.00 7.250000% 0.00 0.0600 0.0600 0.00 0.00 ALR 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 12,~~707~~696,~~003~~596.4835 7.250000% 10,~~407~~636.1342 75,~~570~~547.1652 8586,~~977~~183.2994 0.00 1,~~201~~161.3209 B2 4,~~432~~428,~~538~~908.2800 7.250000% 3,~~630~~710.2827 26,~~360~~352.8797 2930,~~991~~063.1523 0.00 ~~419~~405.0502 B3 2,~~659~~657,~~719~~541.8451 7.250000% 2,~~178~~226.3332 15,~~817~~812.6995 1718,~~996~~039.0228 0.00 ~~251~~243.4503 B4 1,~~477~~476,~~512~~302.7667 7.250000% 1,~~210~~236.0976 8,~~786~~784.9632 910,~~997~~021.0508 0.00 ~~139~~135.6801 B5 1,~~182~~181,~~207~~238.0884 7.250000% ~~968~~989.2457 7,~~030~~028.7463 78,~~998~~018.9720 0.00 ~~111~~108.7702 B6 1,~~182~~181,~~565~~596.2471 7.250000% ~~968~~989.5383 7,~~032~~030.8776 8,~~001~~020.4059 0.00 ~~111~~108.8006 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~104~~88,~~892~~468,~~747~~729.3270 - 1612,~~461~~758,~~473~~579.9552 ~~586~~488,~~322~~697.5614 1713,~~047~~247,~~796~~276.5166 - 98,~~916~~089.0285 ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 0.00 0.00 A2 0.00 0.00 A3 0.00 0.00 A4 0.00 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 2824,~~170~~471,~~000~~561.0083 2,~~663~~576.1811 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 ~~2,262,649~~0.0500 ~~941~~206.8192 A23 86,~~610~~486,~~448~~701.1125 ~~980~~719.5253 A24 1814,~~868~~214,~~279~~462.9789 21,~~148~~576.6473 A25 0.00 0.00 A26 6,~~929~~967,~~850~~530.7016 ~~595~~579.4309 A27 2,~~966~~385,~~256~~232.7927 ~~351~~271.3826 APO 5,~~317~~178.7960 0.00 Residual AR 0.00 0.00 ALR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate B1 12,~~696~~685,~~596~~959.3593 1,~~201~~161.3209 B2 4,~~428~~425,~~908~~197.0073 ~~419~~405.0502 B3 2,~~657~~655,~~541~~315.5118 ~~251~~243.4503 B4 1,~~476~~475,~~302~~065.6791 ~~139~~135.6801 B5 1,~~181~~180,~~238~~249.8427 ~~111~~108.7702 B6 1,~~181~~180,~~596~~606.7188 ~~111~~108.8006 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - 8875,~~468~~747,~~729~~829.7063 98,~~916~~089.0285 --------------------------------------------------------------------------------

Payment Date: 12/25/02 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-1 Trust Bank of America, N.A., 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 0.00 7.250000% 060506SS2 0.000000 0.000000 0.000000 A2 0.00 7.000000% 060506ST0 0.000000 0.000000 0.000000 A3 0.00 7.500000% 060506SU7 0.000000 0.000000 0.000000 A4 0.00 7.250000% 060506SV5 0.000000 0.000000 0.000000 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 0131.~~000000~~289960 5.~~947127~~950218 ~~1,000~~868.~~000000~~710040 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 92,~~962~~262,~~024~~649.6405 7.250000% 060506TP7 ~~301~~88.~~936298~~731335 20.~~323350~~527971 880.~~731335~~000000 A23 118,~~349~~610,~~979~~448.2911 6.625000% 060506TQ5 5845.~~399727~~272796 10.~~314876~~998024 ~~183~~138.~~552507~~279711 A24 2418,~~871~~868,~~479~~279.8697 6.625000% 060506TR3 9674.~~212836~~586378 21.~~166242~~644233 ~~302~~227.~~400512~~814134 A25 0.00 6.625000% 060506TS1 0.000000 0.000000 0.000000 A26 6,~~892~~929,~~394~~850.3770 6.625000% 060506TT9 0.000000 0.000000 1,~~128~~134.~~088996~~222718 A27 32,~~716~~966,~~711~~256.5179 7.250000% 060506TU6 0.000000 1.~~645216~~313707 ~~220~~177.~~782941~~536415 APO 5,~~322~~317.4879 0.000000% 060506TV4 011.~~395032~~741669 0.000000 ~~448~~436.~~599090~~857421 Residual AR 0.00 7.250000% 060506TW2 0.000000 10.~~123598~~000000 0.000000 ALR 0.00 7.250000% 060506TX0 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 12,~~707~~696,~~003~~596.4835 7.250000% 060506TY8 0.~~806192~~823954 5.~~854068~~852314 ~~983~~982.~~546080~~722126 B2 4,~~432~~428,~~538~~908.2800 7.250000% 060506TZ5 0.~~806192~~823954 5.~~854068~~852314 ~~983~~982.~~546080~~722126 B3 2,~~659~~657,~~719~~541.8451 7.250000% 060506UA8 0.~~806192~~823954 5.~~854068~~852314 ~~983~~982.~~546080~~722126 B4 1,~~477~~476,~~512~~302.7667 7.250000% 060506UB6 0.~~806192~~823954 5.~~854068~~852314 ~~983~~982.~~546080~~722126 B5 1,~~182~~181,~~207~~238.0884 7.250000% 060506UC4 0.~~806192~~823954 5.~~854068~~852314 ~~983~~982.~~546080~~722126 B6 1,~~182~~181,~~565~~596.2471 7.250000% 060506UD2 0.~~806192~~823925 5.~~854070~~852316 ~~983~~982.~~546478~~722553 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~104~~88,~~892~~468,~~747~~729.3270 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-1 Trust Bank of America, N.A., Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 75,747,829.06 75,747,829.06 Loan count 199 199 Avg loan rate 8.121577% 8.12 Prepay amount 12,646,786.21 12,646,786.21 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 37,509.35 37,509.35 Sub servicer fees 0.00 0.00 Trustee fees 258.03 258.03 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 1,692,100.16 1,692,100.16 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 73.315232% 100.000000% 64,846,545.62 ----------------------------------------------------------------------------- Junior 26.684768% 0.000000% 23,602,394.91 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 8 3,245,598.37 60 to 89 days 5 2,064,051.95 90 or more 1 381,565.76 Foreclosure 2 993,505.21 Totals: 16 6,684,721.29 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 13,247,276.66 13,247,276.66 Principal remittance amount 12,758,579.52 12,758,579.52 Interest remittance amount 488,697.14 488,697.14

Filing Compare · BANK OF AMERICA MORT SEC INC MORT PASS THR CERT SER 2001-1