8-K 1 boa9902_8k0309.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): September 25, 2003 BOA (Depositor) (Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-2 Trust) (Exact name of registrant as specified in charter) North Carolina 333-67267-01 13-4058845/8847 (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 1999-2 Trust On September 25, 2003, The Bank of New York, as Trustee for BOA, MORTGAGE PASS-THROUGH CERTIFICATES Series 1999-2 Trust, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of March 1, 1999, 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 1999-2 Trust relating to the distribution date of September 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of March 1, 1999. 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: September 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 September 25, 2003 Payment Date: 09/25/03 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-2 Trust BANK OF AMERICA, FSB, 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 A-1 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-2 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-3 2623,~~800~~734,~~000~~914.0047 6.500000% 36,~~065~~160,~~085~~972.5336 ~~143~~124,~~742~~987.8333 36,~~208~~285,~~828~~959.3668 0.00 13,~~423~~576.8379 A-4 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-5 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-6 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-7 ~~3,425,942~~0.7700 6.900000% ~~3,425,942~~0.7700 ~~19,505~~0.9600 ~~3,445,448~~0.7200 0.00 ~~193~~0.2100 A-8 ~~1,370,376~~0.8600 5.500000% ~~1,370,376~~0.8600 ~~6,219~~0.2900 ~~1,376,596~~0.1500 0.00 610.6000 A-9 3930,~~941~~003.6788 6.500000% 97,~~937~~788.7923 ~~214~~158.2300 107,~~152~~946.0223 0.00 24.1252 A-10 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-11 0.00 5.750000% 0.00 0.00 0.00 0.00 0.00 A-12 2215,~~358~~564,~~829~~682.9754 5.900000% 65,~~794~~324,~~147~~563.4395 ~~108~~74,~~852~~397.6831 65,~~903~~398,~~000~~961.1226 0.00 12,~~078~~129.2305 A-13 0.00 6.350000% 0.00 0.00 0.00 0.00 0.00 PAC IO A 4,948,000.00 98.~~211257~~387391% 0.00 3733,~~608~~621.5584 3733,~~608~~621.5584 0.00 ~~372~~962.5316 A-PO ~~345~~190,~~913~~747.7785 0.000000% ~~155~~39,~~165~~600.9217 0.00 ~~155~~39,~~165~~600.9217 0.00 0.00 Residual A-R 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B-1 10,~~189~~176,~~959~~516.9307 6.500000% 13,~~443~~466.8613 5453,~~654~~589.2422 6867,~~098~~055.1034 0.00 ~~541~~1,533.3758 B-2 3,~~554~~549,~~637~~947.2958 6.500000% 4,~~689~~697.7249 1918,~~065~~693.4391 23,~~755~~391.1540 0.00 ~~188~~534.8597 B-3 1,~~658~~656,~~831~~642.3783 6.500000% 2,~~188~~192.5416 8,~~897~~723.2183 1110,~~085~~915.7499 0.00 88249.1365 B-4 1,~~658~~656,~~831~~642.3783 6.500000% 2,~~188~~192.5416 8,~~897~~723.2183 1110,~~085~~915.7499 0.00 88249.1365 B-5 ~~947~~946,~~903~~653.9132 6.500000% 1,~~250~~252.5966 54,~~084~~985.1205 6,~~334~~237.71 0.00 50142.3666 B-6 ~~949~~948,~~722~~469.9596 6.500000% 1,~~252~~255.9304 54,~~093~~994.8861 6,~~346~~249.8165 0.0603 50142.4693 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 7863,~~248~~403,~~891~~221.8632 - 1411,~~845~~557,~~670~~980.4835 ~~417~~332,~~835~~874.6393 1511,~~263~~890,~~506~~855.1128 0.0603 49,~~138~~525.8497 ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A-1 0.00 0.00 A-2 0.00 0.00 A-3 2317,~~734~~573,~~914~~942.4712 13,~~423~~576.8379 A-4 0.00 0.00 A-5 0.00 0.00 A-6 0.00 0.00 A-7 0.00 ~~193~~0.2100 A-8 0.00 610.6000 A-9 3022,~~003~~215.8864 24.1252 A-10 0.00 0.00 A-11 0.00 0.00 A-12 1510,~~564~~240,~~682~~118.5458 12,~~078~~129.2305 A-13 0.00 0.00 PAC IO A 4,948,000.00 ~~372~~962.5316 A-PO ~~190~~151,~~747~~147.8567 0.00 Residual A-R 0.00 0.00 A-LR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate B-1 10,~~176~~163,~~516~~049.0794 ~~541~~1,533.3758 B-2 3,~~549~~545,~~947~~250.5809 ~~188~~534.8597 B-3 1,~~656~~654,~~642~~450.8367 88249.1365 B-4 1,~~656~~654,~~642~~450.8367 88249.1365 B-5 ~~946~~945,~~653~~400.3265 50142.3666 B-6 ~~948~~947,~~469~~214.9689 50142.4693 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - 6351,~~403~~845,~~221~~240.3294 49,~~138~~525.8497 --------------------------------------------------------------------------------

Payment Date: 09/25/03 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-2 Trust BANK OF AMERICA, FSB, 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 A-1 0.00 6.500000% 060506BK7 0.000000 0.000000 0.000000 A-2 0.00 6.500000% 060506BL5 0.000000 0.000000 0.000000 A-3 2623,~~800~~734,~~000~~914.0047 6.500000% 060506BM3 ~~114~~229.~~368863~~887028 54.~~363539~~663706 ~~885~~655.~~631137~~744109 A-4 0.00 6.500000% 060506BN1 0.000000 0.000000 0.000000 A-5 0.00 6.500000% 060506BP6 0.000000 0.000000 0.000000 A-6 0.00 6.500000% 060506BQ4 0.000000 0.000000 0.000000 A-7 ~~3,425,942~~0.7700 6.900000% 060506BR2 ~~405~~0.~~128780~~000000 20.~~306642~~000000 0.000000 A-8 ~~1,370,376~~0.8600 5.500000% 060506BS0 ~~405~~0.~~128780~~000000 10.~~838628~~000000 0.000000 A-9 3930,~~941~~003.6788 6.500000% 060506BT8 3023.~~577822~~963797 0.~~659165~~486152 9268.~~319627~~355830 A-10 0.00 6.500000% 060506BU5 0.000000 0.000000 0.000000 A-11 0.00 5.750000% 060506BV3 0.000000 0.000000 0.000000 A-12 2215,~~358~~564,~~829~~682.9754 5.900000% 060506BW1 ~~138~~108.~~987939~~924656 21.~~226800~~521946 ~~318~~209.~~406860~~482204 A-13 0.00 6.350000% 060506BX9 0.000000 0.000000 0.000000 PAC IO A 4,948,000.00 98.~~211257~~387391% 060506BY7 0.000000 10.~~068911~~955600 140.632106 A-PO ~~345~~190,~~913~~747.7785 0.000000% 060506BZ4 ~~207~~52.~~173244~~873056 0.000000 ~~254~~201.~~681241~~808185 Residual A-R 0.00 6.500000% 060506CA8 0.000000 0.000000 0.000000 A-LR 0.00 6.500000% 060506CB6 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate B-1 10,~~189~~176,~~959~~516.9307 6.500000% 060506CC4 1.~~249650~~251720 54.~~080289~~981291 ~~945~~944.~~940079~~688359 B-2 3,~~554~~549,~~637~~947.2958 6.500000% 060506CD2 1.~~249650~~251720 54.~~080289~~981291 ~~945~~944.~~940079~~688359 B-3 1,~~658~~656,~~831~~642.3783 6.500000% 060506CE0 1.~~249650~~251720 54.~~080289~~981291 ~~945~~944.~~940079~~688359 B-4 1,~~658~~656,~~831~~642.3783 6.500000% 060506CF7 1.~~249650~~251720 54.~~080289~~981291 ~~945~~944.~~940079~~688359 B-5 ~~947~~946,~~903~~653.9132 6.500000% 060506CQ5 1.~~249650~~251720 54.~~080289~~981291 ~~945~~944.~~940079~~688359 B-6 ~~949~~948,~~722~~469.9596 6.500000% 060506CH3 1.~~251503~~253605 54.~~088071~~988922 ~~947~~946.~~389202~~135564 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - 7863,~~248~~403,~~891~~221.8632 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-2 Trust BANK OF AMERICA, FSB, SERVICER ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 51,845,240.94 51,845,240.94 Loan count 172 172 Avg loan rate 7.055134% 7.06 Prepay amount 11,474,061.15 11,474,061.15 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 7,444.40 7,444.40 Sub servicer fees 0.00 0.00 Trustee fees 184.93 184.93 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 3,411.51 3,411.51 Coverage Amounts Total ---------------- ----- Bankruptcy 0.00 0.00 Fraud 5,003,766.00 5,003,766.00 Special Hazard 1,232,658.92 1,232,658.92 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 70.163515% 100.000000% 44,468,348.74 ----------------------------------------------------------------------------- Junior 29.836485% 0.000000% 18,909,816.92 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 3 1,103,851.55 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 1 251,648.68 Totals: 4 1,355,500.23 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 11,890,855.28 11,890,855.28 Principal remittance amount 11,557,980.35 11,557,980.35 Interest remittance amount 332,874.93 332,874.93

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