8-K 1 boa01a_8k0305.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): May 25, 2003 Bank of America Mortgage Securities, Inc. (Depositor) North Carolina 333-56234-03 13-4187911 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 101 N. Tryon St. 28255 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: 704-387-2111 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Item 5. Other Events Bank of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Series 2001-a Trust On May 25, 2003, The Bank of New York, as Trustee for Mortgage Pass-Through Certificates made a monthly distribution of principal and/or interest to the Holders of the Series 2001-a Trust. The monthly distributions were made pursuant to the terms of the Pooling and Servicing Agreement (the "Pooling and Servicing Agreement") dated as of April 1, 2001 by and among Bank of America Mortgage Securities, Inc. as Depositor, EquiCredit Corporation of America, as Transferor and Initial Servicer, Bank of America, N.A., as Advancing Party, Fairbanks Capital Corp., as Expected Successor Servicer and The Bank of New York, as Trustee. All capitalized terms used, but not defined herein, shall have the meanings assigned to them in the Pooling and Servicing Agreement. Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 99 Report to Holders of Series 2001-a Trust relating to the Distribution Date of May 25, 2003 prepared by the Trustee pursuant to the terms of the Pooling and Servicing Agreement. 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: May 25, 2003 By: /s/ Diane Pickett ------------------------------ Name: Diane Pickett Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Report to Holders of Series 2001-a Trust relating to the Distribution Date of May 25, 2003 prepared by the Trustee pursuant to the terms of the Pooling and Servicing Agreement. 99 Monthly Remittance Statement dated May 25, 2003 Payment Date: 05/25/03 ------------------------------------------------------------ Mortgage Pass-Through Certificates Series 2001-a 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 3028,~~105~~386,~~958~~982.5780 6.~~748787~~748589% 14,~~718~~706,~~975~~519.7660 ~~169~~156,~~315~~638.5878 14,~~888~~863,~~291~~158.3538 0.00 03,004.0062 A2 ~~315~~297,~~324~~320.7750 6.~~748787~~748589% 1849,~~004~~295.2630 1,~~773~~640.3861 1950,~~777~~935.6591 0.00 031.0047 Residual AR 0.00 6.~~748787~~748589% 0.00 0.0002 0.0002 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 2,~~154~~096,~~378~~282.3116 6.~~748787~~748589% 58161,~~096~~393.1570 1211,~~116~~567.2024 70172,~~212~~960.3594 0.00 0221.0088 B2 1,~~292~~257,~~626~~769.9929 6.~~748787~~748589% 3496,~~857~~836.6922 76,~~269~~940.7234 42103,~~127~~776.4156 0.00 0133.0013 B3 ~~502~~489,~~862~~301.1569 6.~~748787~~748589% 1337,~~560~~671.4656 2,~~828~~699.0996 1640,~~388~~371.5552 0.00 051.0079 B4 ~~430~~419,~~875~~256.6643 6.~~748787~~748589% 1132,~~619~~278.2374 2,~~423~~313.2445 1434,~~042~~592.4719 0.00 044.0038 B5 ~~286~~279,~~902~~165.6890 6.~~748787~~748589% 721,~~736~~493.7811 1,~~613~~540.5443 923,~~350~~033.3154 0.00 029.0055 B6 ~~304~~295,~~175~~972.4084 6.~~748787~~748589% 823,~~202~~418.5239 1,~~710~~633.6817 925,~~913~~051.2056 0-631.0431 031.0033 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 3533,~~393~~522,~~104~~051.5363 - 15,~~871~~128,~~052~~906.8662 ~~199~~184,~~050~~974.4301 25,~~070~~313,~~103~~880.3063 0-631.0431 -3,548.14 ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 2823,~~386~~680,~~982~~463.8021 03,004.0062 A2 ~~297~~248,~~320~~025.5021 031.0047 Residual AR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate B1 21,~~096~~934,~~282~~888.1646 0221.0088 B2 1,~~257~~160,~~769~~933.2907 0133.0013 B3 ~~489~~451,~~301~~630.6914 051.0079 B4 ~~419~~386,~~256~~977.4369 044.0038 B5 ~~279~~257,~~165~~672.9080 029.0055 B6 ~~295~~273,~~972~~185.8476 031.0033 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - 3328,~~522~~393,~~051~~776.6333 -3,548.14 --------------------------------------------------------------------------------

Payment Date: 05/25/03 ------------------------------------------------------------ Mortgage Pass-Through Certificates Series 2001-a 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 3028,~~105~~386,~~958~~982.5780 6.~~748787~~748589% 060506YZ9 617.~~537496~~899527 0.~~643930~~595718 ~~107~~90.~~959515~~059988 A2 ~~315~~297,~~324~~320.7750 6.~~748787~~748589% 060506ZH8 617.~~537496~~899528 0.~~643930~~595718 ~~107~~90.~~959515~~059988 Residual AR 0.00 6.~~748787~~748589% 060506ZA3 0.000000 0.~~000000~~219969 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 2,~~154~~096,~~378~~282.3116 6.~~748787~~748589% 060506ZB1 1439.~~066865~~078378 2.~~933705~~800785 ~~507~~468.~~574372~~495994 B2 1,~~292~~257,~~626~~769.9929 6.~~748787~~748589% 060506ZC9 1439.~~066865~~078378 2.~~933705~~800785 ~~507~~468.~~574372~~495994 B3 ~~502~~489,~~862~~301.1569 6.~~748787~~748589% 060506ZD7 1439.~~066865~~078382 2.~~933705~~800785 ~~507~~468.~~574372~~495994 B4 ~~430~~419,~~875~~256.6643 6.~~748787~~748589% 060506ZE5 1439.~~066865~~078378 2.~~933705~~800785 ~~507~~468.~~574372~~495994 B5 ~~286~~279,~~902~~165.6890 6.~~748787~~748589% 060506ZF2 1439.~~066865~~078382 2.~~933705~~800785 ~~507~~468.~~574372~~495994 B6 ~~304~~295,~~175~~972.4084 6.~~748787~~748589% 060506ZG0 1133.~~904734~~988286 2.~~482795~~370305 ~~429~~396.~~560258~~488222 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - 3533,~~393~~522,~~104~~051.5363 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ Mortgage Pass-Through Certificates Series 2001-a Trust Bank of America, NA., Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 28,393,776.33 28,393,776.33 Loan count 65 65 Avg loan rate 7.266699% 7.27 Prepay amount 5,094,795.12 5,094,795.12 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 3,829.78 3,829.78 Sub servicer fees 0.00 0.00 Trustee fees 111.74 111.74 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 67,212.24 67,212.24 Coverage Amounts Total ---------------- ----- Bankruptcy 0.00 0.00 Fraud 0.00 0.00 Special Hazard 1,942,449.90 1,942,449.90 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 86.529885% 100.000000% 28,684,303.31 ----------------------------------------------------------------------------- Junior 13.470115% 0.000000% 4,465,287.92 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 3 1,168,596.96 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 3 1,168,596.96 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 5,313,880.63 5,313,880.63 Principal remittance amount 5,128,906.62 5,128,906.62 Interest remittance amount 184,974.01 184,974.01

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