8-K 1 boa9804_8k0211.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): November 25, 2002 BOA (Depositor) (Issuer in respect of Mortgage Pass-Through Certificates, Series 1998-4 Trust) (Exact name of registrant as specified in charter) North Carolina 333-53933-02 13-4040896/Man (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 101 Barclay St. 8W, New York, NY 10286 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: 212-815-6140 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 1998-4 Trust On November 25, 2002, The Bank of New York, as Trustee for BOA, Mortgage Pass-Through Certificates Series 1998-4 Trust, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of July 1, 1998, among BOA as Depositor, BA 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 1998-4 Trust relating to the distribution date of November 25, 2002 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of July 1, 1998. 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: November 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 November 25, 2002 Payment Date: 11/25/02 ------------------------------------------------------------ BA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 1998-4 Trust Bank of America, FSB, 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 IA-1 0.00 6.650000% 0.00 0.00 0.00 0.00 0.00 IA-2 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 IA-3 0.00 6.650000% 0.00 0.00 0.00 0.00 0.00 IA-4 1812,~~647~~159,~~998~~740.5990 6.600000% 610,~~488~~173,~~257~~753.6979 ~~102~~66,~~563~~878.9957 610,~~590~~240,~~821~~632.6936 0.00 0.00 IA-5 117,~~752~~663,~~940~~702.2925 6.500000% 46,~~089~~412,~~238~~029.0470 6341,~~661~~511.7672 46,~~152~~453,~~899~~541.8042 0.00 0.00 IA-6 ~~849~~554,~~694~~057.0529 6.750000% 0.00 43,~~779~~116.5357 43,~~779~~116.5357 0.00 0.00 IA-7 0.00 2.~~310630~~330000% 0.00 0.00 0.00 0.00 0.00 IA-8 0.00 29.~~540948~~440373% 0.00 0.00 0.00 0.00 0.00 IA-9 0.00 7.500000% 0.00 0.00 0.00 0.00 0.00 IA-10 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 IA-11 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 IA-12 59,500,000.00 6.750000% 0.00 334,687.50 334,687.50 0.00 0.00 IIA-1 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 IIA-2 2419,~~641~~598,~~099~~237.3718 6.500000% 5,~~042~~365,~~862~~712.2004 ~~133~~106,~~472~~157.6212 5,~~176~~471,~~334~~869.8216 0.00 0.00 IIA-3 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 IIA-4 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 IIA-5 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 IIA-6 20,~~904~~782,~~977~~425.9360 6.500000% ~~122~~124,~~552~~794.3387 ~~113~~112,~~235~~571.3047 ~~235~~237,~~787~~366.6335 0.00 0.00 I-X-1 0.00 0.~~225024~~223298% 0.00 0.00 0.00 0.00 0.00 I-X-2 2313,~~401~~178,~~819~~880.4441 0.~~225024~~223298% 0.00 42,~~388~~452.3135 42,~~388~~452.3135 0.00 0.00 I-X-3 70,972,000.00 0.~~225024~~223298% 0.00 13,~~308~~206.6758 13,~~308~~206.6758 0.00 0.00 I-X-4 0.00 0.~~225024~~223298% 0.00 0.00 0.00 0.00 0.00 II-X ~~292~~252,~~161~~352.3762 6.500000% 0.00 1,~~582~~366.5491 1,~~582~~366.5491 0.00 0.00 I-PO 59,~~384~~301.9829 0.000000% 8388.6982 0.00 8388.6982 0.00 0.00 II-PO ~~170~~161,~~184~~986.1076 0.000000% 813,~~197~~609.3459 0.00 813,~~197~~609.3459 0.00 0.00 Residual R-I 0.00 6.750000% 0.00 0.0008 0.0008 0.00 0.00 R-II 0.00 6.500000% 0.00 0.0106 0.0106 0.00 0.00 R-III 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate IM 6,~~571~~563,~~342~~129.8982 6.750000% 8,~~213~~262.0840 36,~~963~~917.8061 45,~~176~~180.8800 0.00 0.00 IB-1 3,~~019~~015,~~085~~312.5318 6.750000% 3,~~773~~796.3501 16,~~982~~961.3613 20,~~755~~757.7114 0.00 0.00 IB-2 1,~~598~~596,~~563~~565.4249 6.750000% 12,~~997~~009.9493 8,~~991~~980.9268 10,~~989~~990.8661 0.00 0.00 IB-3 1,~~243~~241,~~432~~878.8981 6.750000% 1,~~554~~563.0841 6,~~994~~985.3157 8,548.3998 0.00 0.00 IB-4 ~~888~~887,~~302~~192.3613 6.750000% 1,~~110~~116.2390 4,~~996~~990.7046 6,~~106~~107.9335 0.00 0.00 IB-5 ~~888~~887,~~299~~189.7560 6.750000% 1,~~110~~116.1589 4,~~996~~990.6944 6,~~106~~107.8433 0.00 0.00 IIM ~~992~~986,~~182~~365.4189 6.500000% 5,~~816~~922.5296 5,~~374~~342.3282 11,~~190~~265.8477 0.00 0.00 IIB-1 ~~365~~362,~~033~~893.0712 6.500000% 2,~~139~~179.9511 1,~~977~~965.2667 4,~~117~~144.2178 0.00 0.00 IIB-2 ~~261~~259,~~312~~780.2232 6.500000% 1,~~531~~559.9094 1,~~415~~407.4414 2,~~947~~967.3508 0.00 0.00 IIB-3 ~~312~~310,~~770~~937.6306 6.500000% 1,~~833~~867.5712 1,~~694~~684.1724 3,~~527~~551.7537 0.00 0.00 IIB-4 ~~156~~155,~~787~~868.3319 6.500000% ~~919~~935.1496 ~~849~~844.2629 1,~~768~~780.4125 0.00 0.00 IIB-5 ~~261~~259,~~223~~692.7334 6.500000% 1,~~531~~559.3941 1,~~414~~406.9667 2,~~946~~966.3507 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~152~~136,~~234~~452,~~921~~198.5292 - 1522,~~782~~121,~~722~~878.6085 ~~864~~774,~~331~~425.4364 1622,~~647~~896,~~054~~304.0449 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior IA-1 0.00 0.00 IA-2 0.00 0.00 IA-3 0.00 0.00 IA-4 121,~~159~~985,~~740~~987.9011 0.00 IA-5 71,~~663~~251,~~702~~672.2555 0.00 IA-6 ~~554~~90,~~057~~491.29 0.00 IA-7 0.00 0.00 IA-8 0.00 0.00 IA-9 0.00 0.00 IA-10 0.00 0.00 IA-11 0.00 0.00 IA-12 59,500,000.00 0.00 IIA-1 0.00 0.00 IIA-2 1914,~~598~~232,~~237~~525.1814 0.00 IIA-3 0.00 0.00 IIA-4 0.00 0.00 IIA-5 0.00 0.00 IIA-6 20,~~782~~657,~~425~~630.6073 0.00 I-X-1 0.00 0.00 I-X-2 ~~13,178,880~~0.4100 0.00 I-X-3 7069,~~972~~222,~~000~~498.0088 0.00 I-X-4 0.00 0.00 II-X ~~252~~215,~~352~~334.6220 0.00 I-PO 59,~~301~~212.2947 0.00 II-PO ~~161~~148,~~986~~377.7617 0.00 Residual R-I 0.00 0.00 R-II 0.00 0.00 R-III 0.00 0.00 -------------------------------------------------------------------------------- Subordinate IM 6,~~563~~554,~~129~~867.8242 0.00 IB-1 3,~~015~~011,~~312~~516.1817 0.00 IB-2 1,~~596~~594,~~565~~555.4955 0.00 IB-3 1,~~241~~240,~~878~~315.8139 0.00 IB-4 ~~887~~886,~~192~~075.1324 0.00 IB-5 ~~887~~886,~~189~~072.6071 0.00 IIM ~~986~~980,~~365~~442.8993 0.00 IIB-1 ~~362~~360,~~893~~714.1201 0.00 IIB-2 ~~259~~258,~~780~~220.3238 0.00 IIB-3 ~~310~~309,~~937~~069.0694 0.00 IIB-4 ~~155~~154,~~868~~932.1923 0.00 IIB-5 ~~259~~258,~~692~~132.3494 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~136~~114,~~452~~330,~~198~~320.9207 - --------------------------------------------------------------------------------

Payment Date: 11/25/02 ------------------------------------------------------------ BA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 1998-4 Trust Bank of America, FSB, 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 IA-1 0.00 6.650000% 055240GY5 0.000000 0.000000 0.000000 IA-2 0.00 6.250000% 055240GZ2 0.000000 0.000000 0.000000 IA-3 0.00 6.650000% 055240HA6 0.000000 0.000000 0.000000 IA-4 1812,~~647~~159,~~998~~740.5990 6.600000% 055240HB4 ~~272~~427.~~615870~~468647 42.~~309411~~810024 ~~510~~83.~~913483~~444837 IA-5 117,~~752~~663,~~940~~702.2925 6.500000% 055240HC2 81128.~~784761~~240594 10.~~273235~~830234 ~~153~~25.~~274045~~033451 IA-6 ~~849~~554,~~694~~057.0529 6.750000% 055240HD0 0.000000 10.~~045764~~681908 ~~121~~19.~~228104~~799554 IA-7 0.00 2.~~310630~~330000% 055240HE8 0.000000 0.000000 0.000000 IA-8 0.00 29.~~540948~~440373% 055240HF5 0.000000 0.000000 0.000000 IA-9 0.00 7.500000% 055240HG3 0.000000 0.000000 0.000000 IA-10 0.00 6.750000% 055240HH1 0.000000 0.000000 0.000000 IA-11 0.00 6.750000% 055240HJ7 0.000000 0.000000 0.000000 IA-12 59,500,000.00 6.750000% 055240HK4 0.000000 5.625000 1,000.000000 IIA-1 0.00 6.500000% 055240HL2 0.000000 0.000000 0.000000 IIA-2 2419,~~641~~598,~~099~~237.3718 6.500000% 055240HM0 ~~195~~207.~~247878~~747872 54.~~167749~~110156 ~~758~~551.~~798094~~050222 IIA-3 0.00 6.500000% 055240HN8 0.000000 0.000000 0.000000 IIA-4 0.00 6.500000% 055240HP3 0.000000 0.000000 0.000000 IIA-5 0.00 6.500000% 055240HQ1 0.000000 0.000000 0.000000 IIA-6 20,~~904~~782,~~977~~425.9360 6.500000% 055240HR9 4.~~713551~~799803 4.~~355204~~329672 ~~799~~794.~~324062~~524259 I-X-1 0.00 0.~~225024~~223298% 055240HS7 0.000000 0.000000 0.000000 I-X-2 2313,~~401~~178,~~819~~880.4441 0.~~225024~~223298% 055240HT5 0.000000 0.~~038381~~021449 ~~115~~0.~~264487~~000000 I-X-3 70,972,000.00 0.~~225024~~223298% 055240HU2 0.000000 0.~~187520~~186082 ~~1,000~~975.~~000000~~349418 I-X-4 0.00 0.~~225024~~223298% 055240HV0 0.000000 0.000000 0.000000 II-X ~~292~~252,~~161~~352.3762 6.500000% 055240HW8 0.000000 1.~~180264~~019446 ~~188~~160.~~205434~~596968 I-PO 59,~~384~~301.9829 0.000000% 055240HX6 0.~~813145~~863050 0.000000 ~~576~~575.~~210617~~347567 II-PO ~~170~~161,~~184~~986.1076 0.000000% 055240HY4 2846.~~125103~~694531 0.000000 ~~555~~509.~~776977~~082446 Residual R-I 0.00 6.750000% 055240JF3 0.000000 01.~~000000~~632086 0.000000 R-II 0.00 6.500000% 055240JG1 0.000000 01.~~234308~~131912 0.000000 R-III 0.00 6.750000% 055240JH9 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate IM 6,~~571~~563,~~342~~129.8982 6.750000% 055240HZ1 1.~~189956~~197102 5.~~355521~~348827 ~~950~~949.~~902610~~705508 IB-1 3,~~019~~015,~~085~~312.5318 6.750000% 055240JA4 1.~~189956~~197102 5.~~355521~~348827 ~~950~~949.~~902610~~705509 IB-2 1,~~598~~596,~~563~~565.4249 6.750000% 055240JB2 1.~~189956~~197102 5.~~355521~~348827 ~~950~~949.~~902613~~705511 IB-3 1,~~243~~241,~~432~~878.8981 6.750000% 055240JJ5 1.~~189956~~197102 5.~~355521~~348827 ~~950~~949.~~902607~~705506 IB-4 ~~888~~887,~~302~~192.3613 6.750000% 055240JK2 1.~~189956~~197102 5.~~355521~~348827 ~~950~~949.~~902608~~705506 IB-5 ~~888~~887,~~299~~189.7560 6.750000% 055240JL0 1.~~189875~~197102 5.~~355522~~348829 ~~950~~949.~~902953~~705851 IIM ~~992~~986,~~182~~365.4189 6.500000% 055240JC0 4.~~713551~~799803 4.~~355204~~329672 ~~799~~794.~~324058~~524256 IIB-1 ~~365~~362,~~033~~893.0712 6.500000% 055240JD8 4.~~713551~~799803 4.~~355204~~329672 ~~799~~794.~~324055~~524253 IIB-2 ~~261~~259,~~312~~780.2232 6.500000% 055240JE6 4.~~713551~~799803 4.~~355204~~329672 ~~799~~794.~~324052~~524249 IIB-3 ~~312~~310,~~770~~937.6306 6.500000% 055240JM8 4.~~713551~~799803 4.~~355204~~329672 ~~799~~794.~~324068~~524266 IIB-4 ~~156~~155,~~787~~868.3319 6.500000% 055240JN6 4.~~713551~~799803 4.~~355204~~329672 ~~799~~794.~~324060~~524257 IIB-5 ~~261~~259,~~223~~692.7334 6.500000% 055240JP1 4.~~713565~~799817 4.~~355216~~329684 ~~799~~794.~~326363~~526547 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~152~~136,~~234~~452,~~921~~198.5292 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ BA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 1998-4 Trust Bank of America, FSB, Master Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 76,970,275.07 37,360,044.74 114,330,319.81 Loan count 241 138 379 Avg loan rate 7.376177% 6.959855% 7.25 Prepay amount 16,485,936.21 5,260,659.72 21,746,595.93 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 2,902.71 3,991.55 6,894.26 Sub servicer fees 0.00 0.00 0.00 Trustee fees 350.90 160.79 511.70 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Coverage Amounts Total ---------------- ----- Bankruptcy 0.00 0.00 0.00 Fraud 3,730,870.14 1,298,233.99 5,029,104.13 Special Hazard 1,852,911.16 1,506,432.22 3,359,343.38 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 87.908754% 100.000000% 119,925,393.97 ----------------------------------------------------------------------------- Junior 12.091246% 0.000000% 16,494,914.91 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 3 839,556.54 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 3 839,556.54 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 22,896,304.49 22,896,304.49 Principal remittance amount 22,121,878.85 22,121,878.85 Interest remittance amount 774,425.64 774,425.64

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