8-K 1 boa02k_8k0501.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 20, 2005 BOA (Depositor) (Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-K Trust) (Exact name of registrant as specified in charter) North Carolina 333-97547-05 61-1430151/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) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions. []Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) []Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) []Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) []Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Section 8 - Other Events Item 8.01 Other Events Section 9 - Financial Statements and Exhibits Item 9.01 Financial Statements and Exhibits 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 20, 2005 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 20, 2005 Payment Date: 01/20/05 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-K Trust Bank of America, NA, as 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 2927,~~218~~463,~~202~~500.4893 6.~~431052~~429005% 1,~~754~~338,~~701~~574.5577 ~~156~~147,~~586~~135.4882 1,~~911~~485,~~288~~710.0359 0.00 0.00 A2 ~~785~~738,~~435~~266.5515 6.000000% 4735,~~169~~983.4019 3,~~927~~691.1833 5139,~~096~~674.5752 0.00 0.00 A3 2,~~251~~116,~~581~~362.9197 3.500000% ~~135~~103,~~218~~151.9482 6,~~567~~172.1173 ~~141~~109,~~786~~324.0554 0.00 0.00 A4 1716,~~832~~761,~~057~~151.4880 5.000000% 1816,~~070,905~~940.6782 7469,~~300~~838.2413 1886,~~145,205~~778.9195 0.00 0.00 A5 3,~~927~~691,~~177~~330.7577 4.500000% ~~235~~179,~~846~~915.9896 1413,~~726~~842.9249 ~~250~~193,~~573~~758.9045 0.00 0.00 A6 1312,~~090~~304,~~592~~435.5190 4.200000% ~~786~~599,~~156~~719.6188 4543,~~817~~065.0753 ~~831~~642,~~973~~785.6840 0.00 0.00 A7 4340,~~198~~604.9664 4.500000% 21,~~594~~979.3208 ~~162~~152.0027 2,~~756~~131.3134 0.00 0.00 AIO 3735,~~930~~652,~~044~~152.1524 1.~~827825~~825778% 0.00 5754,~~774~~244.5608 5754,~~774~~244.5608 0.00 0.00 Residual AR 0.00 6.~~431052~~429005% 0.00 0.0100 0.0100 0.00 0.00 AMR 0.00 6.~~431052~~429005% 0.00 0.00 0.00 0.00 0.00 ALR 0.00 6.~~431052~~429005% 0.00 0.00 0.00 0.00 0.00 2A1 5048,~~073~~076,~~839~~393.5951 5.~~597197~~590667% 13,~~997~~272,~~446~~336.0850 ~~233~~223,~~560~~982.9660 23,~~231~~496,~~007~~319.0410 0.00 0.00 2A2 21,~~002~~923,~~935~~038.1706 5.~~597197~~590667% 79130,~~897~~892.1126 98,~~342~~959.3522 89139,~~239~~851.4648 0.00 0.00 3A1 7,~~919~~902,~~917~~399.3188 7.~~082044~~082180% 17926,~~517~~599.4281 46,~~741~~638.0052 64973,~~258~~238.4233 0.00 0.00 4A1 1110,~~453~~700,~~814~~153.8973 4.698000% ~~753~~909,~~661~~270.1734 4441,~~841~~891.6910 ~~798~~951,~~502~~161.8544 0.00 0.00 4IO 1110,~~453~~700,~~814~~153.8973 0.~~529620~~536196% 0.00 54,~~055~~781.15 54,~~055~~781.15 0.00 0.00 BIO 0.00 0.000000% 0.00 10,~~503~~232.0445 10,~~503~~232.0445 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 7,~~413~~222,~~911~~905.9032 4.~~473914~~471266% ~~191~~207,~~006~~773.5807 2726,~~641~~912.0094 ~~218~~234,~~647~~686.5801 0.00 0.00 B2 3,~~121~~040,~~181~~769.7592 6.~~173914~~171266% 8087,~~411~~470.8336 1615,~~058~~637.2683 96103,~~470~~108.0919 0.00 0.00 B3 1,~~560~~520,~~590~~384.8896 6.~~173914~~171266% 4043,~~205~~735.9218 87,~~029~~818.1392 4851,~~235~~554.0509 0.00 0.00 B4 ~~780~~760,~~496~~388.3925 6.~~173914~~171266% 2021,~~108~~873.1422 43,~~015~~910.6047 2425,~~123~~783.7369 0.00 0.00 B5 ~~780~~759,~~094~~996.4970 6.~~173914~~171266% 2021,~~097~~861.7896 43,~~013~~908.5345 2425,~~111~~770.3141 0.00 0.00 B6 1,~~170~~140,~~862~~697.8560 6.~~173914~~171266% 3032,~~165~~813.2512 65,~~024~~866.0129 3638,~~189~~679.2641 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~153~~146,~~425~~162,~~891~~781.8410 - 78,~~263~~730,~~110~~891.7433 ~~775~~738,~~687~~682.2731 89,~~038~~469,~~798~~573.0164 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 2726,~~463~~124,~~500~~926.9316 0.00 A2 ~~738~~702,~~266~~282.1596 0.00 A3 2,~~116~~013,~~362~~211.9716 0.00 A4 1615,~~761~~944,~~151~~210.8098 0.00 A5 3,~~691~~511,~~330~~414.7781 0.00 A6 1211,~~304~~704,~~435~~716.9002 0.00 A7 4038,~~604~~625.6456 0.00 AIO 3533,~~652~~914,~~152~~461.2449 0.00 Residual AR 0.00 0.00 AMR 0.00 0.00 ALR 0.00 0.00 2A1 4844,~~076~~804,~~393~~057.5101 0.00 2A2 1,~~923~~792,~~038~~145.0680 0.00 3A1 76,~~902~~975,~~399~~800.8807 0.00 4A1 109,~~700~~790,~~153~~883.7339 0.00 4IO 109,~~700~~790,~~153~~883.7339 0.00 BIO 0.00 0.00 -------------------------------------------------------------------------------- Subordinate B1 7,~~222~~015,~~905~~132.3225 0.00 B2 32,~~040~~953,~~769~~299.9256 0.00 B3 1,~~520~~476,~~384~~649.9678 0.00 B4 ~~760~~738,~~388~~515.2503 0.00 B5 ~~759~~738,~~996~~134.7075 0.00 B6 1,~~140~~107,~~697~~884.6048 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~146~~137,~~162~~431,~~781~~889.1077 - --------------------------------------------------------------------------------

Payment Date: 01/20/05 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-K Trust Bank of America, NA, as 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 2927,~~218~~463,~~202~~500.4893 6.~~431052~~429005% 06050HXK9 32.~~144626~~398880 0.~~280621~~263684 4946.~~217744~~818864 A2 ~~785~~738,~~435~~266.5515 6.000000% 06050HXL7 32.~~144626~~398880 0.~~261812~~246089 4946.~~217744~~818864 A3 2,~~251~~116,~~581~~362.9197 3.500000% 06050HXM5 32.~~144626~~398880 0.~~152724~~143552 4946.~~217744~~818864 A4 1716,~~832~~761,~~057~~151.4880 5.000000% 06050HXN3 32.~~144626~~398880 0.~~218177~~205074 4946.~~217744~~818864 A5 3,~~927~~691,~~177~~330.7577 4.500000% 06050HXP8 32.~~144626~~398880 0.~~196359~~184567 4946.~~217744~~818864 A6 1312,~~090~~304,~~592~~435.5190 4.200000% 06050HXQ6 32.~~144626~~398880 0.~~183268~~172262 4946.~~217744~~818864 A7 4340,~~198~~604.9664 4.500000% 06050HXR4 32.~~144626~~398880 0.~~196359~~184567 4946.~~217744~~818864 AIO 3735,~~930~~652,~~044~~152.1524 1.~~827825~~825778% 06050HXS2 0.000000 0.~~079758~~074884 4946.~~217744~~818864 Residual AR 0.00 6.~~431052~~429005% 06050HXT0 0.000000 0.~~245568~~000000 0.000000 AMR 0.00 6.~~431052~~429005% 06050HXU7 0.000000 0.000000 0.000000 ALR 0.00 6.~~431052~~429005% 06050HXV5 0.000000 0.000000 0.000000 2A1 5048,~~073~~076,~~839~~393.5951 5.~~597197~~590667% 06050HXW3 47.~~590996~~521247 0.~~536824~~514809 ~~110~~102.~~500377~~979130 2A2 21,~~002~~923,~~935~~038.1706 5.~~597197~~590667% 06050HXX1 47.~~590996~~521247 0.~~536824~~514809 ~~110~~102.~~500377~~979130 3A1 7,~~919~~902,~~917~~399.3188 7.~~082044~~082180% 06050HXY9 012.~~243677~~889492 0.~~650192~~648766 ~~109~~97.~~926551~~037059 4A1 1110,~~453~~700,~~814~~153.8973 4.698000% 06050HXZ6 79.~~698511~~288031 0.~~458050~~427910 ~~109~~100.~~300119~~012088 4IO 1110,~~453~~700,~~814~~153.8973 0.~~529620~~536196% 06050HYA0 0.000000 0.~~051637~~048839 ~~109~~100.~~300119~~012088 BIO 0.00 0.000000% 06050HYB8 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 7,~~413~~222,~~911~~905.9032 4.~~473914~~471266% 06050HYC6 1011.~~354344~~263244 1.~~498401~~458933 ~~391~~380.~~549049~~285805 B2 3,~~121~~040,~~181~~769.7592 6.~~173914~~171266% 06050HYD4 1011.~~354344~~263244 2.~~067764~~013628 ~~391~~380.~~549049~~285805 B3 1,~~560~~520,~~590~~384.8896 6.~~173914~~171266% 06050HYE2 1011.~~354344~~263244 2.~~067764~~013628 ~~391~~380.~~549049~~285805 B4 ~~780~~760,~~496~~388.3925 6.~~173914~~171266% 06050HYF9 1011.~~354344~~263244 2.~~067764~~013628 ~~391~~380.~~549049~~285805 B5 ~~780~~759,~~094~~996.4970 6.~~173914~~171266% 06050HYG7 1011.~~354344~~263244 2.~~067764~~013628 ~~391~~380.~~549049~~285805 B6 1,~~170~~140,~~862~~697.8560 6.~~173914~~171266% 06050HYH5 1011.~~354351~~263245 2.~~067766~~013629 ~~391~~380.~~549323~~286078 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~153~~146,~~425~~162,~~891~~781.8410 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-K Trust Bank of America, NA, as Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 69,069,095.81 50,163,547.65 7,572,567.40 Loan count 154 124 15 Avg loan rate 6.679005% 5.840667% 7.332180% Prepay amount 3,167,201.81 3,444,158.36 944,354.89 Total ----- Prin balance 10,626,677.44 137,431,888.30 Loan count 23 316 Avg loan rate 5.609196% 6.32 Prepay amount 928,372.72 8,484,087.78 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 15,075.85 11,185.60 1,778.25 Sub servicer fees 0.00 0.00 0.00 Trustee fees 0.00 0.00 0.00 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 Total ----- Master serv fees 3,616.32 31,656.02 Sub servicer fees 0.00 0.00 Trustee fees 0.00 0.00 Agg advances N/A N/A Adv this period 0.00 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 0.00 Cumulative losses 0.00 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 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 90.374010% 100.000000% 131,717,638.35 ----------------------------------------------------------------------------- Junior 9.625990% 0.000000% 14,029,615.85 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 1 335,299.75 60 to 89 days 1 529,783.97 90 or more 0 0.00 Foreclosure 3 1,554,944.73 Totals: 5 2,420,028.45 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 9,469,573.64 9,469,573.64 Principal remittance amount 8,730,891.33 8,730,891.33 Interest remittance amount 738,682.31 738,682.31

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