8-K 1 boa0203_8k0307.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): July 25, 2003 BOA (Depositor) (Issuer in respect of Mortgage Pass-Through Certificates, Series 2002-3) (Exact name of registrant as specified in charter) North Carolina 333-74544-07 03-0414271/Man (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 101 N. Tryon St., Charlotte, NC 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 BOA Mortgage Pass-Through Certificates Series 2002-3 On July 25, 2003, The Bank of New York, as Trustee for BOA, Mortgage Pass-Through Certificates Series 2002-3, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of March 1, 2002, 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 2002-3 relating to the distribution date of July 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of March 1, 2002. 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, 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 July 25, 2003 Payment Date: 07/25/03 ------------------------------------------------------------ Bank of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates, Series 2002-3 Bank of America, NA, 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 1-A-1 32,~~776~~383,~~924~~629.9397 1.~~820000~~535000% 1995,~~393,294~~483.9636 53,~~693~~049.5906 1998,~~398,988~~532.5542 0.00 340.7500 1-A-2 3,653,000.00 6.500000% 0.00 19,~~667~~787.0508 19,~~667~~787.0508 0.00 ~~120~~0.0300 1-A-3 3,103,000.00 6.500000% 0.00 16,~~705~~807.9692 16,~~705~~807.9692 0.00 ~~101~~0.9600 1-A-4 3,210,000.00 6.500000% 0.00 17,~~282~~387.0350 17,~~282~~387.0350 0.00 ~~105~~0.4700 1-A-5 2,868,000.00 6.500000% 0.00 15,~~440~~535.7600 15,~~440~~535.7600 0.00 940.2400 1-A-6 3019,~~215~~069,~~400~~040.9372 6.250000% 117,~~146~~963,~~360~~867.2127 ~~156~~99,~~417~~317.2692 118,~~302~~063,~~777~~185.4720 0.00 ~~954~~0.6200 1-A-7 32,~~776~~383,~~924~~629.9397 6.~~680000~~965000% 0.00 2013,~~897~~834.3499 2013,~~897~~834.3499 0.00 ~~127~~0.5400 1-A-8 2219,~~607~~347,~~280~~095.2047 6.500000% 32,~~260~~329,~~184~~341.7341 ~~121~~104,~~713~~796.2877 32,~~381~~434,~~898~~138.0118 0.00 ~~742~~0.8200 1-A-9 13,260,000.00 6.500000% 0.00 71,~~389~~825.3100 71,~~389~~825.3100 0.00 ~~435~~0.6900 1-A-10 24,800,000.00 6.500000% 0.00 ~~133~~134,~~518~~333.4733 ~~133~~134,~~518~~333.4733 0.00 ~~814~~0.8700 1-A-11 155,000.00 6.500000% 0.00 ~~834~~839.4958 ~~834~~839.4958 0.00 50.0900 Residual 1-A-R 0.00 6.500000% 0.00 0.0500 0.0500 0.00 0.00 1-A-LR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 2-A-1 6251,~~336~~565,~~726~~693.7113 6.500000% 109,~~771~~109,~~033~~139.5861 ~~337~~279,~~657~~314.2717 119,~~108~~388,~~690~~453.8578 0.00 0.00 3-A-1 4234,~~894~~024,~~662~~354.4789 6.000000% 81,~~870~~953,~~307~~162.5881 ~~214~~170,~~473~~121.3177 92,~~084~~123,~~780~~284.8958 0.00 0.00 1-A-PO 1,~~270~~178,~~923~~249.2755 0.000000% 9234,~~673~~475.7276 0.00 9234,~~673~~475.7276 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate 1-B-1 3,~~065~~062,~~005~~127.4134 6.500000% 2,~~878~~902.0661 16,~~501~~586.4052 19,~~379~~489.4713 0.00 ~~100~~0.7100 1-B-2 1,~~471~~470,~~755~~373.7475 6.500000% 1,~~381~~393.9978 7,~~923~~964.6552 9,~~305~~358.6430 0.00 480.3600 1-B-3 ~~858~~857,~~359~~553.55 6.500000% ~~806~~812.0188 4,~~621~~645.2408 5,~~427~~457.2596 0.00 280.2000 1-B-4 489,~~926~~466.7470 6.500000% ~~460~~463.0497 2,~~637~~651.6728 3,~~097~~115.7225 0.00 160.1000 1-B-5 368,~~432~~086.8185 6.500000% ~~345~~348.9691 1,~~983~~993.5780 2,~~329~~342.5372 0.00 120.1100 1-B-6 490,~~594~~133.1549 6.500000% ~~460~~464.6754 2,~~641~~654.2789 3,~~101~~119.9343 0.00 160.1200 2-B-1 1,~~425~~423,~~188~~836.8404 6.500000% 1,~~352~~370.8182 7,~~719~~712.7745 9,~~072~~083.5827 0.00 0.00 2-B-2 1,~~199~~197,~~015~~877.4230 6.500000% 1,~~138~~153.1228 6,~~494~~488.6750 7,~~632~~641.7978 0.00 0.00 2-B-3 ~~675~~674,~~557~~916.2904 6.500000% ~~641~~649.2579 3,~~659~~655.2780 4,~~300~~305.5258 0.00 0.00 2-B-4 ~~299~~298,~~260~~975.0397 6.500000% ~~284~~287.0684 1,~~620~~619.9945 1,~~905~~907.0530 0.00 0.00 2-B-5 ~~225~~224,~~185~~972.7601 6.500000% ~~213~~216.7560 1,~~219~~218.7660 1,~~433~~435.5119 0.00 0.00 2-B-6 300,~~683~~398.8140 6.500000% ~~285~~289.4121 1,~~628~~627.7016 1,~~914~~916.1236 0.00 0.00 3-B-1 ~~734~~731,~~024~~262.4527 6.000000% 2,~~762~~785.1844 3,~~670~~656.1231 6,~~432~~441.3076 0.00 0.00 3-B-2 ~~261~~260,~~811~~826.5736 6.000000% ~~985~~993.2151 1,~~309~~304.0613 2,~~294~~297.2764 0.00 0.00 3-B-3 ~~158~~157,~~038~~444.9928 6.000000% ~~594~~599.7172 ~~790~~787.1922 1,~~384~~386.9194 0.00 0.00 3-B-4 104,~~724~~330.6354 6.000000% ~~394~~397.0940 ~~523~~521.6265 ~~917~~919.7106 0.00 0.00 3-B-5 104,~~724~~330.6354 6.000000% ~~394~~397.0940 ~~523~~521.6265 ~~917~~919.7106 0.00 0.00 3-B-6 ~~105~~104,~~308~~912.3710 6.000000% ~~396~~399.2760 ~~526~~524.5456 ~~922~~924.8116 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~226~~190,~~488~~938,~~516~~887.7126 - 3522,~~549~~401,~~629~~397.4552 1,~~197~~013,~~685~~083.3168 3623,~~747~~414,~~314~~481.7620 - ~~3,758.67~~- ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1-A-1 21,~~383~~388,~~629~~146.9761 340.7500 1-A-2 3,653,000.00 ~~120~~0.0300 1-A-3 3,103,000.00 ~~101~~0.9600 1-A-4 3,210,000.00 ~~105~~0.4700 1-A-5 2,868,000.00 940.2400 1-A-6 1911,~~069~~105,~~040~~173.7244 ~~954~~0.6200 1-A-7 21,~~383~~388,~~629~~146.9761 ~~127~~0.5400 1-A-8 1917,~~347~~017,~~095~~754.4706 ~~742~~0.8200 1-A-9 13,260,000.00 ~~435~~0.6900 1-A-10 24,800,000.00 ~~814~~0.8700 1-A-11 155,000.00 50.0900 Residual 1-A-R 0.00 0.00 1-A-LR 0.00 0.00 2-A-1 5142,~~565~~456,~~693~~553.1352 0.00 3-A-1 3432,~~024~~071,~~354~~192.8908 0.00 1-A-PO 1,~~178~~143,~~249~~773.5579 0.00 -------------------------------------------------------------------------------- Subordinate 1-B-1 3,~~062~~059,~~127~~224.3474 ~~100~~0.7100 1-B-2 1,~~470~~468,~~373~~979.7597 480.3600 1-B-3 ~~857~~856,~~553~~740.5567 280.2000 1-B-4 489,~~466~~002.7073 160.1000 1-B-5 ~~368~~367,~~086~~737.8594 120.1100 1-B-6 ~~490~~489,~~133~~668.4995 160.1200 2-B-1 1,~~423~~422,~~836~~465.0421 0.00 2-B-2 1,~~197~~196,~~877~~724.3003 0.00 2-B-3 674,~~916~~266.0426 0.00 2-B-4 298,~~975~~688.9712 0.00 2-B-5 224,~~972~~755.0142 0.00 2-B-6 300,~~398~~109.4019 0.00 3-B-1 ~~731~~728,~~262~~476.2783 0.00 3-B-2 ~~260~~259,~~826~~832.3685 0.00 3-B-3 ~~157~~156,~~444~~844.2856 0.00 3-B-4 ~~104~~103,~~330~~933.5414 0.00 3-B-5 ~~104~~103,~~330~~933.5414 0.00 3-B-6 104,~~912~~512.1050 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~190~~168,~~938~~537,~~887~~489.2673 ~~3,758.67~~- --------------------------------------------------------------------------------

Payment Date: 07/25/03 ------------------------------------------------------------ Bank of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates, Series 2002-3 Bank of America, NA, 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 1-A-1 32,~~776~~383,~~924~~629.9397 1.~~820000~~535000% 06050HEE4 8964.~~984824~~292485 0.~~367716~~196921 ~~153~~89.~~944807~~652322 1-A-2 3,653,000.00 6.500000% 06050HEF1 0.000000 5.~~383809~~416667 1,000.000000 1-A-3 3,103,000.00 6.500000% 06050HEG9 0.000000 5.~~383809~~416667 1,000.000000 1-A-4 3,210,000.00 6.500000% 06050HEH7 0.000000 5.~~383809~~416667 1,000.000000 1-A-5 2,868,000.00 6.500000% 06050HEJ3 0.000000 5.~~383809~~416667 1,000.000000 1-A-6 3019,~~215~~069,~~400~~040.9372 6.250000% 06050HEK0 8964.~~984824~~292485 10.~~262760~~801796 ~~153~~89.~~944807~~652322 1-A-7 32,~~776~~383,~~924~~629.9397 6.~~680000~~965000% 06050HEL8 0.000000 10.~~349638~~893521 ~~153~~89.~~944807~~652322 1-A-8 2219,~~607~~347,~~280~~095.2047 6.500000% 06050HEM6 6546.~~203695~~586828 2.~~434266~~095935 ~~386~~340.~~941909~~355081 1-A-9 13,260,000.00 6.500000% 06050HEN4 0.000000 5.~~383809~~416667 1,000.000000 1-A-10 24,800,000.00 6.500000% 06050HEP9 0.000000 5.~~383809~~416667 1,000.000000 1-A-11 155,000.00 6.500000% 06050HFS2 0.000000 5.~~383809~~416667 1,000.000000 Residual 1-A-R 0.00 6.500000% 06050HEQ7 0.000000 0.~~979752~~000000 0.000000 1-A-LR 0.00 6.500000% 06050HER5 0.000000 0.000000 0.000000 2-A-1 6251,~~336~~565,~~726~~693.7113 6.500000% 06050HES3 7361.~~178251~~887367 21.~~294039~~897657 ~~350~~288.~~336595~~449229 3-A-1 4234,~~894~~024,~~662~~354.4789 6.000000% 06050HET1 8117.~~658405~~980454 1.~~974402~~566109 ~~313~~295.~~221896~~241442 1-A-PO 1,~~270~~178,~~923~~249.2755 0.000000% 06050HEU8 5922.~~957737~~305013 0.000000 ~~762~~739.~~300003~~994990 ------------------------------------------------------------------------------------------------------------------------ Subordinate 1-B-1 3,~~065~~062,~~005~~127.4134 6.500000% 06050HEV6 0.~~927510~~935420 5.~~317887~~345318 ~~986~~985.~~828019~~892600 1-B-2 1,~~471~~470,~~755~~373.7475 6.500000% 06050HEW4 0.~~927510~~935420 5.~~317887~~345318 ~~986~~985.~~828019~~892600 1-B-3 ~~858~~857,~~359~~553.55 6.500000% 06050HEX2 0.~~927510~~935420 5.~~317887~~345318 ~~986~~985.~~828019~~892600 1-B-4 489,~~926~~466.7470 6.500000% 06050HFH6 0.~~927510~~935420 5.~~317887~~345318 ~~986~~985.~~828019~~892600 1-B-5 368,~~432~~086.8185 6.500000% 06050HFJ2 0.~~927510~~935420 5.~~317887~~345318 ~~986~~985.~~828019~~892600 1-B-6 490,~~594~~133.1549 6.500000% 06050HFK9 0.~~927502~~935292 5.~~317891~~345323 ~~986~~985.~~828814~~893522 2-B-1 1,~~425~~423,~~188~~836.8404 6.500000% 06050HEY0 0.~~937496~~949980 5.~~349808~~344730 ~~986~~985.~~719360~~769379 2-B-2 1,~~199~~197,~~015~~877.4230 6.500000% 06050HEZ7 0.~~937496~~949980 5.~~349808~~344730 ~~986~~985.~~719360~~769379 2-B-3 ~~675~~674,~~557~~916.2904 6.500000% 06050HFA1 0.~~937496~~949980 5.~~349808~~344730 ~~986~~985.~~719360~~769379 2-B-4 ~~299~~298,~~260~~975.0397 6.500000% 06050HFL7 0.~~937496~~949980 5.~~349808~~344730 ~~986~~985.~~719360~~769379 2-B-5 ~~225~~224,~~185~~972.7601 6.500000% 06050HFM5 0.~~937496~~949980 5.~~349808~~344730 ~~986~~985.~~719360~~769379 2-B-6 300,~~683~~398.8140 6.500000% 06050HFN3 0.~~937496~~949958 5.~~349810~~344732 ~~986~~985.~~719670~~769711 3-B-1 ~~734~~731,~~024~~262.4527 6.000000% 06050HFB9 3.~~582594~~612768 4.~~760210~~742297 ~~948~~944.~~459494~~846726 3-B-2 ~~261~~260,~~811~~826.5736 6.000000% 06050HFC7 3.~~582594~~612768 4.~~760210~~742297 ~~948~~944.~~459494~~846726 3-B-3 ~~158~~157,~~038~~444.9928 6.000000% 06050HFD5 3.~~582594~~612768 4.~~760210~~742297 ~~948~~944.~~459494~~846726 3-B-4 104,~~724~~330.6354 6.000000% 06050HFP8 3.~~582594~~612768 4.~~760210~~742297 ~~948~~944.~~459494~~846726 3-B-5 104,~~724~~330.6354 6.000000% 06050HFQ6 3.~~582594~~612768 4.~~760210~~742297 ~~948~~944.~~459494~~846726 3-B-6 ~~105~~104,~~308~~912.3710 6.000000% 06050HFR4 3.~~582446~~612632 4.~~760215~~742303 ~~948~~944.~~460519~~847887 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~226~~190,~~488~~938,~~516~~887.7126 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ Bank of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates, Series 2002-3 Bank of America, NA, Master Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 88,076,871.41 46,917,911.65 33,542,705.98 Loan count 197 109 80 Avg loan rate 6.924250% 6.912794% 6.686091% Prepay amount 11,223,570.38 9,070,770.06 1,823,560.98 Total ----- Prin balance 168,537,489.04 Loan count 386 Avg loan rate 6.88 Prepay amount 22,117,901.42 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 26,873.11 10,123.98 17,813.42 Sub servicer fees 0.00 0.00 0.00 Trustee fees 248.49 140.11 88.75 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 Total ----- Master serv fees 54,810.51 Sub servicer fees 0.00 Trustee fees 477.35 Agg advances N/A Adv this period 0.00 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Total ----- Realized losses 0.00 Cumulative losses 0.00 Coverage Amounts ---------------- Bankruptcy 0.00 0.00 0.00 Fraud 0.00 0.00 0.00 Special Hazard 0.00 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 0.00 Special Hazard 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 93.554523% 100.000000% 178,617,063.73 ----------------------------------------------------------------------------- Junior 6.445477% 0.000000% 12,305,896.24 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 4 1,794,684.78 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 4 1,794,684.78 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 23,414,481.20 23,414,481.20 Principal remittance amount 22,401,397.52 22,401,397.52 Interest remittance amount 1,013,083.68 1,013,083.68

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