8-K 1 baf0202_8k0403.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): March 25, 2004 BAF (Depositor) (Issuer in respect of Mortgage Pass-Through Certificates, Series 2002-2) (Exact name of registrant as specified in charter) Delaware 333-38154-02 54-2083953 (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 BAF Mortgage Pass-Through Certificates Series 2002-2 On March 25, 2004, The Bank of New York, as Trustee for BAF, Mortgage Pass-Through Certificates Series 2002-2, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of November 1, 2002, among BAF as Depositor, Banc of America Funding Corporation, 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 BAF, Mortgage Pass-Through Certificates Series 2002-2 relating to the distribution date of March 25, 2004 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of November 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: March 25, 2004 BAF By: /s/ Diane Pickett ------------------------------ Name: Diane Pickett Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated March 25, 2004 Payment Date: 03/25/04 ------------------------------------------------------------ Banc of America Funding Corporation Mortgage Pass-Through Certificates, Series 2002-2 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 A1 ~~1,978,604~~0.6900 6.000000% ~~1,978,604~~0.6900 ~~9,893~~0.0200 ~~1,988,497~~0.7100 0.00 0.00 A2 7771,~~635~~412,~~726~~349.1037 6.000000% 14,~~438~~642,~~244~~579.9711 ~~388~~357,~~178~~061.6375 14,~~826~~999,~~423~~640.6086 0.00 0.00 A3 5,~~134~~211,~~273~~673.9072 6.000000% 0.00 0.00 0.00 0.00 0.00 A4 14,675,000.00 6.000000% 0.00 73,375.00 73,375.00 0.00 0.00 A5 325,000.00 6.000000% 0.00 1,625.00 1,625.00 0.00 0.00 Residual AR 0.00 6.000000% 0.00 0.0002 0.0002 0.00 0.00 AIO 9284,~~694~~829,~~686~~999.0314 0.~~438387~~440244% 0.00 3331,~~863~~121.4457 3331,~~863~~121.4457 0.00 0.00 APO ~~206~~205,~~339~~205.5042 0.000000% ~~494~~12,298.8262 0.00 ~~494~~12,298.8262 0.00 0.00 SES ~~107~~99,~~369~~220,~~690~~707.5876 0.200000% 0.00 1112,~~843~~197.6238 1112,~~843~~197.6238 0.00 64,~~051~~339.3340 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 3,~~410~~399,~~497~~795.4243 6.000000% 3,~~526~~612.7613 1716,~~052~~998.4998 20,~~579~~611.2511 0.00 0.00 B2 1,~~557~~552,~~503~~615.3194 6.000000% 1,~~610~~649.6058 7,~~787~~763.5208 9,~~398~~412.1266 0.00 0.00 B3 ~~963~~960,~~556~~533.9434 6.000000% ~~996~~1,020.4052 4,~~817~~802.7867 5,~~814~~823.19 0.00 0.00 B4 ~~518~~517,~~838~~210.3526 6.000000% ~~536~~549.5351 2,~~594~~586.1905 3,~~130~~135.7256 0.00 0.00 B5 ~~444~~443,~~718~~323.5908 6.000000% ~~459~~471.8801 2,~~223~~216.5962 2,~~683~~687.4763 0.00 0.00 B6 ~~519~~518,~~631~~001.9745 6.000000% ~~537~~550.2835 2,~~598~~590.1601 3,~~135~~140.4436 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~107~~99,~~369~~220,~~690~~708.7601 - 34,~~425~~662,~~011~~730.9285 ~~555~~512,~~852~~338.4511 35,~~980~~175,~~864~~068.3796 - 64,~~051~~339.3340 ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 0.00 0.00 A2 7666,~~197~~769,~~481~~770.1326 0.00 A3 5,~~159~~237,~~945~~732.2709 0.00 A4 14,675,000.00 0.00 A5 325,000.00 0.00 Residual AR 0.00 0.00 AIO 8981,~~541~~468,~~296~~703.9927 0.00 APO ~~205~~192,~~844~~906.6880 0.00 SES ~~103~~94,~~970~~584,~~349~~035.9628 64,~~051~~339.3340 -------------------------------------------------------------------------------- Subordinate B1 3,~~406~~396,~~970~~183.6630 0.00 B2 1,~~555~~550,~~892~~966.7235 0.00 B3 ~~962~~959,~~560~~512.5381 0.00 B4 ~~518~~516,~~301~~660.8275 0.00 B5 ~~444~~442,~~258~~852.7107 0.00 B6 ~~519~~517,~~094~~451.6910 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~103~~94,~~970~~584,~~350~~035.2153 64,~~051~~339.3340 --------------------------------------------------------------------------------

Payment Date: 03/25/04 ------------------------------------------------------------ Banc of America Funding Corporation Mortgage Pass-Through Certificates, Series 2002-2 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 A1 ~~1,978,604~~0.6900 6.000000% 05946XBF9 440.~~421101~~000000 0.~~222106~~000000 0.000000 A2 7771,~~635~~412,~~726~~349.1037 6.000000% 05946XBG7 1859.~~454654~~570651 4.~~980864~~581591 ~~977~~856.~~718084~~747636 A3 5,~~134~~211,~~273~~673.9072 6.000000% 05946XBH5 0.000000 0.000000 1,~~066~~083.~~986201~~071151 A4 14,675,000.00 6.000000% 05946XBJ1 0.000000 5.000000 1,000.000000 A5 325,000.00 6.000000% 05946XBK8 0.000000 5.000000 1,000.000000 Residual AR 0.00 6.000000% 05946XBL6 0.000000 0.~~000000~~174745 0.000000 AIO 9284,~~694~~829,~~686~~999.0314 0.~~438387~~440244% 05946XBM4 0.000000 0.~~255415~~234735 ~~675~~614.~~366136~~478517 APO ~~206~~205,~~339~~205.5042 0.000000% 05946XBN2 253.~~146299~~345953 0.000000 ~~892~~836.~~862699~~743920 SES ~~107~~99,~~369~~220,~~690~~707.5876 0.200000% BAMFUNDS 0.000000 0.~~078934~~081291 ~~692~~630.~~925722~~369244 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 3,~~410~~399,~~497~~795.4243 6.000000% 05946XBP7 1.~~021953~~046690 4.~~941318~~925812 ~~987~~984.~~241571~~115706 B2 1,~~557~~552,~~503~~615.3194 6.000000% 05946XBQ5 1.~~021953~~046690 4.~~941318~~925812 ~~987~~984.~~241571~~115706 B3 ~~963~~960,~~556~~533.9434 6.000000% 05946XBR3 1.~~021953~~046690 4.~~941318~~925812 ~~987~~984.~~241571~~115706 B4 ~~518~~517,~~838~~210.3526 6.000000% 05946XBS1 1.~~021953~~046690 4.~~941318~~925812 ~~987~~984.~~241571~~115706 B5 ~~444~~443,~~718~~323.5908 6.000000% 05946XBT9 1.~~021953~~046690 4.~~941318~~925812 ~~987~~984.~~241571~~115706 B6 ~~519~~518,~~631~~001.9745 6.000000% 05946XBU6 1.~~021821~~046691 4.~~941319~~925814 ~~987~~984.~~242043~~116177 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~107~~99,~~369~~220,~~690~~708.7601 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ Banc of America Funding Corporation Mortgage Pass-Through Certificates, Series 2002-2 Bank of America, NA, Master Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 94,584,035.28 94,584,035.28 Loan count 656 656 Avg loan rate 6.618983% 6.62 Prepay amount 4,531,212.93 4,531,212.93 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 12,197.38 12,197.38 Sub servicer fees 0.00 0.00 Trustee fees 413.42 413.42 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 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 92.557793% 100.000000% 91,829,228.52 ----------------------------------------------------------------------------- Junior 7.442207% 0.000000% 7,383,626.38 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 4 615,660.76 60 to 89 days 1 63,180.03 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 5 678,840.79 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 5,175,068.96 5,175,068.96 Principal remittance amount 4,662,730.85 4,662,730.85 Interest remittance amount 512,338.11 512,338.11

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