8-K 1 boa0101_edgar0208.txt BANK OF AMERICA MORTGAGE SECURITIES INC 2001-1 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): August 25, 2002 BOA (Depositor) (Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-1) (Exact name of registrant as specified in charter) North Carolina 333-80941 13-4147977/78 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 100 N. Tryon St., Charlotte, NC 28255 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: 704-388-5770 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 2001-1 On August 25, 2002, The Bank of New York, as Trustee for BOA, MORTGAGE PASS-THROUGH CERTIFICATES Series 2001-1, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of January 1, 2001, among BOA as Depositor, BANK OF AMERICA MORTGAGE SECURITIES, 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 2001-1 relating to the distribution date of August 25, 2002 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of January 1, 2001. 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: August 25, 2002 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 August 25, 2002 Payment Date: 08/25/02 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-1 Bank of America, N.A., 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 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A2 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A3 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00 A4 62,~~423~~565,~~346~~088.6856 7.250000% 32,~~858~~565,~~258~~088.1256 3815,~~807~~469.7215 32,~~897~~580,~~065~~557.8471 0.00 028.0026 A5 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A6 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A7 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A8 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A9 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A10 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A11 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A12 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A13 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A14 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A15 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00 A16 28,170,000.00 7.250000% 0.00 ~~170~~169,~~193~~883.7536 ~~170~~169,~~193~~883.7536 0.00 0310.0039 A17 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A18 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A19 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A20 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A21 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00 A22 25,500,000.00 7.250000% 05,120,537.0034 ~~154~~153,~~062~~781.5053 ~~154~~5,~~062~~274,318.5087 0.00 0280.0097 A23 1917,~~177~~798,~~453~~855.6227 6.625000% 12,~~378~~734,~~598~~630.3578 ~~105~~98,~~875~~085.5330 12,~~484~~832,~~473~~716.8808 0.00 0179.0021 A24 4239,~~024~~003,~~010~~055.7636 6.625000% 35,~~020~~992,~~955~~461.4054 ~~232~~214,~~007~~936.5666 36,~~252~~207,~~962~~398.9620 0.00 0392.0071 A25 0.00 6.625000% 0.00 0.00 0.00 0.00 0.00 A26 6,~~742~~780,~~888~~115.6805 6.625000% 0.00 0.00 0.00 0.00 068.0027 A27 5,~~857~~481,~~271~~209.8111 7.250000% 0.00 3533,~~387~~055.6824 3533,~~387~~055.6824 0.00 060.0039 APO 11,~~223~~213.5669 0.000000% 9259.8701 0.00 9259.8701 0.00 0.00 Residual AR 0.00 7.250000% 0.00 0.1600 0.1600 0.00 0.00 ALR 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 12,~~748~~738,~~952~~755.8087 7.250000% 10,~~196~~444.9354 7776,~~024~~822.9296 87,~~221~~267.8650 0.00 0140.0036 B2 4,~~447~~443,~~171~~614.3135 7.250000% 3,~~556~~643.9633 26,~~868~~797.3387 30,~~425~~441.2921 0.00 048.0096 B3 2,~~668~~666,~~500~~365.3197 7.250000% 2,~~134~~186.3316 16,~~122~~079.1992 18,~~256~~266.5208 0.00 029.0038 B4 1,~~482~~481,~~390~~204.4478 7.250000% 1,~~185~~214.6544 8,~~956~~932.1162 10,~~141~~147.7607 0.00 016.0032 B5 1,~~186~~185,~~109~~161.8719 7.250000% ~~948~~971.6872 7,~~166~~147.0829 8,~~114~~119.7601 0.00 013.0006 B6 1,~~186~~185,~~469~~520.1215 7.250000% ~~948~~972.9701 7,~~168~~149.2545 8,~~117~~121.2247 0.00 013.0006 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~151~~143,~~768~~528,~~517~~950.1525 - 816,~~276~~432,~~793~~409.2644 ~~879~~828,~~640~~141.7836 917,~~156~~260,~~434~~550.0480 - -1,581.35 ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 0.00 0.00 A2 0.00 0.00 A3 0.00 0.00 A4 ~~2,565,088.56~~ 0.00 28.26 A5 0.00 0.00 A6 0.00 0.00 A7 0.00 0.00 A8 0.00 0.00 A9 0.00 0.00 A10 0.00 0.00 A11 0.00 0.00 A12 0.00 0.00 A13 0.00 0.00 A14 0.00 0.00 A15 0.00 0.00 A16 28,170,000.00 0310.0039 A17 0.00 0.00 A18 0.00 0.00 A19 0.00 0.00 A20 0.00 0.00 A21 0.00 0.00 A22 2520,~~500~~379,~~000~~462.0066 0280.0097 A23 1715,~~798~~064,~~855~~224.2749 0179.0021 A24 3933,~~003~~010,~~055~~593.3682 0392.0071 A25 0.00 0.00 A26 6,~~780~~817,~~115~~478.0567 068.0027 A27 54,~~481~~732,~~209~~094.1156 060.0039 APO 1110,~~213~~954.6968 0.00 Residual AR 0.00 0.00 ALR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate B1 12,~~738~~728,~~755~~311.8732 0140.0036 B2 4,~~443~~439,~~614~~971.3502 048.0096 B3 2,~~666~~664,~~365~~179.9781 029.0038 B4 1,~~481~~479,~~204~~990.7834 016.0032 B5 1,~~185~~184,~~161~~189.1947 013.0006 B6 1,~~185~~184,~~520~~548.1514 013.0006 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~143~~127,~~528~~133,~~950~~904.2543 -1,581.35 --------------------------------------------------------------------------------

Payment Date: 08/25/02 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-1 Bank of America, N.A., 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 0.00 7.250000% 060506SS2 0.000000 0.000000 0.000000 A2 0.00 7.000000% 060506ST0 0.000000 0.000000 0.000000 A3 0.00 7.500000% 060506SU7 0.000000 0.000000 0.000000 A4 62,~~423~~565,~~346~~088.6856 7.250000% 060506SV5 ~~506~~336.~~399543~~669978 52.~~093545~~030338 ~~336~~0.~~669978~~000000 A5 0.00 7.250000% 060506SW3 0.000000 0.000000 0.000000 A6 0.00 7.250000% 060506SX1 0.000000 0.000000 0.000000 A7 0.00 7.250000% 060506SY9 0.000000 0.000000 0.000000 A8 0.00 7.250000% 060506SZ6 0.000000 0.000000 0.000000 A9 0.00 7.250000% 060506TA0 0.000000 0.000000 0.000000 A10 0.00 7.250000% 060506TB8 0.000000 0.000000 0.000000 A11 0.00 7.250000% 060506TC6 0.000000 0.000000 0.000000 A12 0.00 7.250000% 060506TD4 0.000000 0.000000 0.000000 A13 0.00 7.250000% 060506TE2 0.000000 0.000000 0.000000 A14 0.00 7.000000% 060506TF9 0.000000 0.000000 0.000000 A15 0.00 7.500000% 060506TG7 0.000000 0.000000 0.000000 A16 28,170,000.00 7.250000% 060506TH5 0.000000 6.~~041667~~030648 1,000.000000 A17 0.00 7.250000% 060506TJ1 0.000000 0.000000 0.000000 A18 0.00 7.250000% 060506TK8 0.000000 0.000000 0.000000 A19 0.00 7.250000% 060506TL6 0.000000 0.000000 0.000000 A20 0.00 7.000000% 060506TM4 0.000000 0.000000 0.000000 A21 0.00 7.500000% 060506TN2 0.000000 0.000000 0.000000 A22 25,500,000.00 7.250000% 060506TP7 0200.~~000000~~805386 6.~~041667~~030648 ~~1,000~~799.~~000000~~194614 A23 1917,~~177~~798,~~453~~855.6227 6.625000% 060506TQ5 2958.~~388155~~295263 2.~~256993~~090925 ~~379~~321.~~425608~~130345 A24 4239,~~024~~003,~~010~~055.7636 6.625000% 060506TR3 4896.~~416626~~040733 3.~~718368~~444774 ~~625~~529.~~099052~~058319 A25 0.00 6.625000% 060506TS1 0.000000 0.000000 0.000000 A26 6,~~742~~780,~~888~~115.6805 6.625000% 060506TT9 0.000000 0.000000 1,~~103~~109.~~713991~~796299 A27 5,~~857~~481,~~271~~209.8111 7.250000% 060506TU6 0.000000 2.~~633958~~460351 ~~407~~352.~~974614~~216895 APO 11,~~223~~213.5669 0.000000% 060506TV4 021.~~832336~~850023 0.000000 ~~945~~924.~~966276~~116253 Residual AR 0.00 7.250000% 060506TW2 0.000000 30.~~253133~~023189 0.000000 ALR 0.00 7.250000% 060506TX0 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 12,~~748~~738,~~952~~755.8087 7.250000% 060506TY8 0.~~789909~~809090 5.~~966761~~951116 986.~~811981~~002891 B2 4,~~447~~443,~~171~~614.3135 7.250000% 060506TZ5 0.~~789909~~809090 5.~~966761~~951116 986.~~811981~~002891 B3 2,~~668~~666,~~500~~365.3197 7.250000% 060506UA8 0.~~789909~~809090 5.~~966761~~951116 986.~~811981~~002891 B4 1,~~482~~481,~~390~~204.4478 7.250000% 060506UB6 0.~~789909~~809090 5.~~966761~~951116 986.~~811981~~002891 B5 1,~~186~~185,~~109~~161.8719 7.250000% 060506UC4 0.~~789909~~809090 5.~~966761~~951116 986.~~811981~~002891 B6 1,~~186~~185,~~469~~520.1215 7.250000% 060506UD2 0.~~789909~~809090 5.~~966763~~951118 986.~~812300~~003210 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~151~~143,~~768~~528,~~517~~950.1525 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES MORTGAGE PASS-THROUGH CERTIFICATES, Series 2001-1 Bank of America, N.A., Master Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 127,133,903.99 127,133,903.99 Loan count 335 335 Avg loan rate 8.089658% 8.09 Prepay amount 16,277,365.30 16,277,365.30 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 68,595.27 68,595.27 Sub servicer fees 0.00 0.00 Trustee fees 418.63 418.63 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 100,000.00 100,000.00 Fraud 0.00 0.00 Special Hazard 1,697,268.52 1,697,268.52 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 83.498523% 100.000000% 119,828,327.93 ----------------------------------------------------------------------------- Junior 16.501477% 0.000000% 23,681,190.11 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 10 3,933,705.03 60 to 89 days 3 985,590.57 90 or more 2 876,829.69 Foreclosure 1 596,845.03 Totals: 16 6,392,970.32 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 17,260,550.80 17,260,550.80 Principal remittance amount 16,432,409.44 16,432,409.44 Interest remittance amount 828,141.36 828,141.36

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