8-K 1 boa0107_8k0301.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): January 25, 2003 BOA (Depositor) (Issuer in respect of Mortgage Pass-Through Certificates, Series 2001-7 Trust) (Exact name of registrant as specified in charter) North Carolina 333-56234-06 13-4186200/199 (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 2001-7 Trust On January 25, 2003, The Bank of New York, as Trustee for BOA, Mortgage Pass-Through Certificates Series 2001-7 Trust, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of June 1, 2001, 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 2001-7 Trust relating to the distribution date of January 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of June 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: January 25, 2003 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 January 25, 2003 Payment Date: 01/25/03 ------------------------------------------------------------ Bank of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates, Series 2001-7 Trust Bank of America, NA, 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 4938,~~016~~561,~~817~~112.3709 6.750000% 109,~~455~~676,~~705~~905.2989 ~~275~~216,~~719~~467.6097 109,~~731~~893,~~424~~373.8886 0.00 0438.0029 A2 97,~~749~~814,~~396~~695.4178 6.750000% 1,~~934~~790,~~700~~302.6357 5443,~~840~~868.3584 1,~~989~~834,~~540~~171.9841 0.00 088.0082 A3 138,~~347~~697,~~309~~527.3930 6.750000% 4,~~649~~302,~~782~~741.0958 7548,~~078~~824.6273 4,~~724~~351,~~860~~566.7132 0.00 098.0086 A4 1411,~~433~~201,~~860~~192.9134 6.750000% 32,~~232~~992,~~668~~189.5788 8162,~~190~~879.4739 3,~~313~~055,~~859~~069.0427 0.00 0127.0031 A5 20,809,000.00 6.750000% 0.00 ~~117~~116,~~050~~814.6311 ~~117~~116,~~050~~814.6311 0.00 0236.0052 A6 10,089,000.00 6.750000% 0.00 56,~~750~~635.6395 56,~~750~~635.6395 0.00 0114.0067 A7 13,742,000.00 7.000000% 0.00 8079,~~161~~999.6769 8079,~~161~~999.6769 0.00 0161.0098 A8 6,258,000.00 7.000000% 0.00 36,~~505~~431.0024 36,~~505~~431.0024 0.00 073.0076 A9 707,223.00 0.000000% 0.00 0.00 0.00 0.00 0.00 A10 1,595,000.00 7.000000% 0.00 9,~~304~~285.1737 9,~~304~~285.1737 0.00 018.0080 A11 552,000.00 6.500000% 0.00 2,~~990~~983.0096 2,~~990~~983.0096 0.00 06.0004 A12 1,948,000.00 6.500000% 0.00 10,~~551~~530.6735 10,~~551~~530.6735 0.00 021.0032 A13 0.00 7.000000% 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 7.000000% 0.00 0.00 0.00 0.00 0.00 A16 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A17 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A18 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A19 0.00 7.000000% 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 3,250,000.00 6.750000% 0.00 18,~~281~~244.2531 18,~~281~~244.2531 0.00 036.0094 A22 1,875,000.00 6.750000% 0.00 10,~~546~~525.8856 10,~~546~~525.8856 0.00 021.0031 A23 1,875,000.00 6.750000% 0.00 10,~~546~~525.8856 10,~~546~~525.8856 0.00 021.0031 A24 3,084,000.00 6.750000% 0.00 17,~~347~~312.5045 17,~~347~~312.5045 0.00 035.0005 A25 3,~~570~~590,~~646~~731.9887 6.750000% 0.00 0.00 0.00 0.00 040.0081 A26 1,~~805~~815,~~123~~277.7557 6.750000% 0.00 0.00 0.00 0.00 020.0063 A27 1612,~~747~~554,~~393~~136.2148 6.750000% 43,~~193~~882,~~256~~165.7206 9470,~~204~~474.0933 43,~~287~~952,~~460~~639.8139 0.00 0142.0069 A28 4,~~262~~286,~~556~~532.0996 6.750000% 0.00 0.00 0.00 0.00 048.0072 A29 6653,~~295~~139,~~693~~769.6852 6.100000% 1312,~~155~~174,~~924~~020.1638 ~~337~~269,~~003~~581.1133 1312,~~492~~443,~~927~~601.2771 0.00 0545.0083 A30 65,~~384~~117,~~029~~162.7699 6.750000% 0.00 3528,~~910~~725.1788 3528,~~910~~725.1788 0.00 058.0016 A31 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 A32 63,000,000.00 6.750000% 0.00 ~~354~~353,~~375~~658.0094 ~~354~~353,~~375~~658.0094 0.00 0716.0006 APO 1,~~716~~567,~~901~~103.7158 0.000000% ~~149~~86,~~798~~010.1350 0.00 ~~149~~86,~~798~~010.1350 0.00 0.00 Residual AR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 ALR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 B1 10,~~527~~517,~~680~~963.9276 6.750000% 9,~~717~~868.1647 59,~~218~~044.2100 68,~~935~~912.3647 0.00 0119.0055 B2 4,~~644~~640,~~362~~075.1839 6.750000% 4,~~286~~353.7955 26,~~124~~047.5468 30,~~411~~401.3323 0.00 052.0074 B3 2,~~477~~475,~~913~~625.1096 6.750000% 2,~~287~~322.1475 13,~~938~~897.26 16,~~225~~220.4001 0.00 028.0014 B4 1,~~548~~547,~~449~~020.2804 6.750000% 1,~~429~~451.2349 8,~~710~~684.0340 10,~~139~~135.2689 0.00 017.0058 B5 1,~~238~~237,~~956~~812.5598 6.750000% 1,~~143~~161.5738 6,~~969~~948.1363 8,~~112~~110.7001 0.00 014.0007 B6 1,~~238~~237,~~844~~701.4207 6.750000% 1,~~143~~161.3525 6,~~968~~948.5000 8,~~111~~109.8525 0.00 014.0007 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~331~~293,~~406~~668,~~128~~501.9771 - 3734,~~791~~924,~~842~~654.8476 1,~~800~~585,~~286~~339.3193 3936,~~592~~509,~~129~~994.1569 - -3,320.04 ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 3828,~~561~~884,~~112~~206.0920 0438.0029 A2 76,~~814~~024,~~695~~393.7821 088.0082 A3 84,~~697~~394,~~527~~785.3071 098.0086 A4 118,~~201~~209,~~192~~002.3447 0127.0031 A5 20,809,000.00 0236.0052 A6 10,089,000.00 0114.0067 A7 13,742,000.00 0161.0098 A8 6,258,000.00 073.0076 A9 707,223.00 0.00 A10 1,595,000.00 018.0080 A11 552,000.00 06.0004 A12 1,948,000.00 021.0032 A13 0.00 0.00 A14 0.00 0.00 A15 0.00 0.00 A16 0.00 0.00 A17 0.00 0.00 A18 0.00 0.00 A19 0.00 0.00 A20 0.00 0.00 A21 3,250,000.00 036.0094 A22 1,875,000.00 021.0031 A23 1,875,000.00 021.0031 A24 3,084,000.00 035.0005 A25 3,~~590~~610,~~731~~888.8792 040.0081 A26 1,~~815~~825,~~277~~467.5788 020.0063 A27 128,~~554~~671,~~136~~971.4842 0142.0069 A28 4,~~286~~310,~~532~~595.9699 048.0072 A29 5340,~~139~~965,~~769~~749.5214 0545.0083 A30 53,~~117~~944,~~162~~849.9992 058.0016 A31 0.00 0.00 A32 63,000,000.00 0716.0006 APO 1,~~567~~481,~~103~~093.5808 0.00 Residual AR 0.00 0.00 ALR 0.00 0.00 B1 10,~~517~~508,~~963~~095.7629 0119.0055 B2 4,~~640~~635,~~075~~721.3984 052.0074 B3 2,~~475~~473,~~625~~303.9621 028.0014 B4 1,~~547~~545,~~020~~568.0455 017.0058 B5 1,~~237~~236,~~812~~651.9860 014.0007 B6 1,~~237~~236,~~701~~539.0782 014.0007 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~293~~258,~~668~~798,~~501~~257.7134 -3,320.04 --------------------------------------------------------------------------------

Payment Date: 01/25/03 ------------------------------------------------------------ Bank of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates, Series 2001-7 Trust Bank of America, NA, 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 4938,~~016~~561,~~817~~112.3709 6.750000% 060506F98 7973.~~449441~~531602 21.~~095102~~644868 ~~293~~219.~~013116~~481514 A2 97,~~749~~814,~~396~~695.4178 6.750000% 060506G22 7771.~~388025~~612103 21.~~193614~~754754 ~~312~~240.~~587831~~975729 A3 138,~~347~~697,~~309~~527.3930 6.750000% 060506G30 9286.~~995642~~054832 10.~~501572~~976495 ~~173~~87.~~950546~~895714 A4 1411,~~433~~201,~~860~~192.9134 6.750000% 060506G48 8074.~~816714~~804747 21.~~029762~~571985 ~~280~~205.~~029809~~225062 A5 20,809,000.00 6.750000% 060506G55 0.000000 5.~~625000~~613634 1,000.000000 A6 10,089,000.00 6.750000% 060506G63 0.000000 5.~~625000~~613634 1,000.000000 A7 13,742,000.00 7.000000% 060506G71 0.000000 5.~~833333~~821546 1,000.000000 A8 6,258,000.00 7.000000% 060506G89 0.000000 5.~~833333~~821546 1,000.000000 A9 707,223.00 0.000000% 060506G97 0.000000 0.000000 1,000.000000 A10 1,595,000.00 7.000000% 060506H21 0.000000 5.~~833333~~821546 1,000.000000 A11 552,000.00 6.500000% 060506H39 0.000000 5.~~416667~~405722 1,000.000000 A12 1,948,000.00 6.500000% 060506H47 0.000000 5.~~416667~~405722 1,000.000000 A13 0.00 7.000000% 060506H54 0.000000 0.000000 0.000000 A14 0.00 7.000000% 060506H62 0.000000 0.000000 0.000000 A15 0.00 7.000000% 060506H70 0.000000 0.000000 0.000000 A16 0.00 7.000000% 060506H88 0.000000 0.000000 0.000000 A17 0.00 7.000000% 060506H96 0.000000 0.000000 0.000000 A18 0.00 7.000000% 060506J29 0.000000 0.000000 0.000000 A19 0.00 7.000000% 060506J37 0.000000 0.000000 0.000000 A20 0.00 7.000000% 060506J45 0.000000 0.000000 0.000000 A21 3,250,000.00 6.750000% 060506J52 0.000000 5.~~625000~~613634 1,000.000000 A22 1,875,000.00 6.750000% 060506J60 0.000000 5.~~625000~~613634 1,000.000000 A23 1,875,000.00 6.750000% 060506J78 0.000000 5.~~625000~~613634 1,000.000000 A24 3,084,000.00 6.750000% 060506J86 0.000000 5.~~625000~~613634 1,000.000000 A25 3,~~570~~590,~~646~~731.9887 6.750000% 060506J94 0.000000 0.000000 1,~~106~~112.~~202055~~411868 A26 1,~~805~~815,~~123~~277.7557 6.750000% 060506K27 0.000000 0.000000 1,~~106~~112.~~202055~~411868 A27 1612,~~747~~554,~~393~~136.2148 6.750000% 060506K35 8377.~~865134~~643301 1.~~884082~~409487 ~~251~~173.~~082730~~439428 A28 4,~~262~~286,~~556~~532.0996 6.750000% 060506K43 0.000000 0.000000 1,~~106~~112.~~202055~~411868 A29 6653,~~295~~139,~~693~~769.6852 6.100000% 060506K50 ~~121~~112.~~694672~~611884 32.~~117340~~493676 ~~491~~378.~~552453~~940569 A30 65,~~384~~117,~~029~~162.7699 6.750000% 060506K68 0.000000 32.~~449515~~759396 ~~491~~378.~~552473~~940584 A31 0.00 0.000000% 060506K76 0.000000 0.000000 0.000000 A32 63,000,000.00 6.750000% 060506K84 0.000000 5.~~625000~~613634 1,000.000000 APO 1,~~716~~567,~~901~~103.7158 0.000000% 060506K92 7040.~~594328~~533575 0.000000 ~~738~~697.~~518057~~984483 Residual AR 0.00 6.750000% 060506L26 0.000000 0.000000 0.000000 ALR 0.00 6.750000% 060506L34 0.000000 0.000000 0.000000 B1 10,~~527~~517,~~680~~963.9276 6.750000% 060506L42 0.~~909761~~923928 5.~~544257~~527947 ~~984~~983.~~735864~~811936 B2 4,~~644~~640,~~362~~075.1839 6.750000% 060506L59 0.~~909761~~923928 5.~~544257~~527947 ~~984~~983.~~735864~~811936 B3 2,~~477~~475,~~913~~625.1096 6.750000% 060506L67 0.~~909761~~923928 5.~~544257~~527947 ~~984~~983.~~735864~~811936 B4 1,~~548~~547,~~449~~020.2804 6.750000% 060506L75 0.~~909761~~923928 5.~~544257~~527947 ~~984~~983.~~735864~~811936 B5 1,~~238~~237,~~956~~812.5598 6.750000% 060506L83 0.~~909761~~923928 5.~~544257~~527947 ~~984~~983.~~735864~~811936 B6 1,~~238~~237,~~844~~701.4207 6.750000% 060506L91 0.~~909669~~923912 5.~~544257~~527948 ~~984~~983.~~736027~~812115 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~331~~293,~~406~~668,~~128~~501.9771 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ Bank of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates, Series 2001-7 Trust Bank of America, NA, Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 258,798,257.12 258,798,257.12 Loan count 651 651 Avg loan rate 7.183129% 7.18 Prepay amount 34,594,625.46 34,594,625.46 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 49,576.75 49,576.75 Sub servicer fees 0.00 0.00 Trustee fees 734.17 734.17 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 0.00 0.00 Fraud 0.00 0.00 Special Hazard 3,218,293.61 3,218,293.61 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 100.000000% 100.000000% 293,668,501.71 ----------------------------------------------------------------------------- Junior 0.000000% 0.000000% 0.00 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 10 3,520,474.99 60 to 89 days 4 1,881,164.46 90 or more 1 292,556.69 Foreclosure 3 1,134,838.91 Totals: 18 6,829,035.05 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 36,509,994.69 36,509,994.69 Principal remittance amount 34,924,654.76 34,924,654.76 Interest remittance amount 1,585,339.93 1,585,339.93

Filing Compare · MORTGAGE PASS THROUGH CERTIFICATES SERIES 2001-7