8-K 1 boa9804_8k0301.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 25, 2003 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 January 25, 2003, 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 January 25, 2003 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: January 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 January 25, 2003 Payment Date: 01/25/03 ------------------------------------------------------------ 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 ~~1,985,987~~0.1100 6.600000% ~~1,985,987~~0.1100 ~~10,922~~0.9300 ~~1,996,910~~0.0400 0.00 0.00 IA-5 ~~1,251,672~~0.5500 6.500000% ~~1,251,672~~0.5500 ~~6,779~~0.8900 ~~1,258,452~~0.4400 0.00 0.00 IA-6 ~~90,491~~0.2900 6.750000% 0.00 ~~509~~0.0100 ~~509~~0.0100 0.00 0.00 IA-7 0.00 1.~~880000~~920000% 0.00 0.00 0.00 0.00 0.00 IA-8 0.00 31.~~776912~~569220% 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 5955,~~500~~136,~~000~~112.0038 6.750000% 48,~~363~~872,~~887~~229.6217 ~~334~~310,~~687~~140.5063 49,~~698~~182,~~575~~369.1280 0.00 0.00 IIA-1 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 IIA-2 1410,~~232~~497,~~525~~487.1493 6.500000% 3,~~735~~954,~~037~~369.2120 7756,~~092~~861.8439 34,~~812~~011,~~130~~230.0559 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,~~657~~532,~~630~~094.7330 6.500000% ~~125~~127,~~536~~766.4340 111,~~895~~215.5051 ~~237~~238,~~431~~981.9391 0.00 0.00 I-X-1 0.00 0.~~227847~~227895% 0.00 0.00 0.00 0.00 0.00 I-X-2 0.00 0.~~227847~~227895% 0.00 0.00 0.00 0.00 0.00 I-X-3 6962,~~222~~682,~~498~~263.8813 0.~~227847~~227895% 0.00 1311,~~143~~904.4415 1311,~~143~~904.4415 0.00 0.00 I-X-4 0.00 0.~~227847~~227895% 0.00 0.00 0.00 0.00 0.00 II-X ~~215~~209,~~334~~614.2076 6.500000% 0.00 1,~~166~~135.3941 1,~~166~~135.3941 0.00 0.00 I-PO 5952,~~212~~451.4700 0.000000% ~~6,761~~80.4742 0.00 ~~6,761~~80.4742 0.00 0.00 II-PO ~~148~~145,~~377~~901.1719 0.000000% 215,~~475~~032.9844 0.00 215,~~475~~032.9844 0.00 0.00 Residual R-I 0.00 6.750000% 0.00 0.02 0.02 0.00 0.00 R-II 0.00 6.500000% 0.00 0.0700 0.0700 0.00 0.00 R-III 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate IM 6,~~554~~546,~~867~~488.4283 6.750000% 8,~~378~~540.5943 36,~~871~~824.1300 45,~~249~~364.7243 0.00 0.00 IB-1 3,~~011~~007,~~516~~666.1778 6.750000% 3,~~849~~923.3975 16,~~939~~918.7813 20,~~789~~841.1787 0.00 0.00 IB-2 1,~~594~~592,~~555~~517.5535 6.750000% 2,~~038~~077.2057 8,~~969~~957.3791 11,~~007~~035.5748 0.00 0.00 IB-3 1,~~240~~238,~~315~~729.3999 6.750000% 1,~~585~~616.4002 6,~~976~~967.7786 8,~~562~~583.1788 0.00 0.00 IB-4 ~~886~~884,~~075~~942.2463 6.750000% 1,~~132~~154.6048 4,~~984~~977.1780 6,~~116~~132.7828 0.00 0.00 IB-5 ~~886~~884,~~072~~940.7111 6.750000% 1,~~132~~154.6048 4,~~984~~977.1679 6,~~116~~132.7626 0.00 0.00 IIM ~~980~~974,~~442~~484.9378 6.500000% 56,~~958~~063.1599 5,~~310~~278.7346 11,~~268~~342.8845 0.00 0.00 IIB-1 ~~360~~358,~~714~~521.0195 6.500000% 2,~~192~~231.0600 1,~~953~~941.8799 4,~~145~~172.9399 0.00 0.00 IIB-2 ~~258~~256,~~220~~651.3818 6.500000% 1,~~569~~597.2108 1,~~398~~390.6919 2,~~967~~987.9027 0.00 0.00 IIB-3 ~~309~~307,~~069~~191.9472 6.500000% 1,~~878~~911.2258 1,~~674~~663.1396 3,~~552~~575.3554 0.00 0.00 IIB-4 ~~154~~153,~~932~~990.2371 6.500000% ~~941~~958.5225 ~~839~~834.2212 1,~~780~~792.7436 0.00 0.00 IIB-5 ~~258~~256,~~132~~564.9426 6.500000% 1,~~568~~596.6752 1,~~398~~389.2272 2,~~966~~986.8925 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~114~~102,~~330~~826,~~320~~737.0709 - 1113,~~503~~002,~~582~~302.9878 ~~648~~583,~~497~~379.8504 1213,~~152~~585,~~080~~681.83 - - ---------------------------------------------------------------------------------------------------------------------------------- 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 0.00 0.00 IA-5 0.00 0.00 IA-6 0.00 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 5546,~~136~~263,~~112~~883.3821 0.00 IIA-1 0.00 0.00 IIA-2 106,~~497~~543,~~487~~118.9373 0.00 IIA-3 0.00 0.00 IIA-4 0.00 0.00 IIA-5 0.00 0.00 IIA-6 20,~~532~~404,~~094~~327.3090 0.00 I-X-1 0.00 0.00 I-X-2 0.00 0.00 I-X-3 6254,~~682~~469,~~263~~649.1399 0.00 I-X-4 0.00 0.00 II-X ~~209~~150,~~614~~974.7692 0.00 I-PO 52,~~451~~370.0058 0.00 II-PO ~~145~~130,~~901~~868.1975 0.00 Residual R-I 0.00 0.00 R-II 0.00 0.00 R-III 0.00 0.00 -------------------------------------------------------------------------------- Subordinate IM 6,~~546~~537,~~488~~948.8340 0.00 IB-1 3,~~007~~003,~~666~~743.7803 0.00 IB-2 1,~~592~~590,~~517~~439.3579 0.00 IB-3 1,~~238~~237,~~729~~113.9997 0.00 IB-4 ~~884~~883,~~942~~788.6315 0.00 IB-5 ~~884~~883,~~940~~785.1163 0.00 IIM ~~974~~968,~~484~~420.7879 0.00 IIB-1 ~~358~~356,~~521~~290.95 0.00 IIB-2 ~~256~~255,~~651~~054.1810 0.00 IIB-3 ~~307~~305,~~191~~280.7214 0.00 IIB-4 153,~~990~~032.7146 0.00 IIB-5 ~~256~~254,~~564~~967.2674 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~102~~89,~~826~~824,~~737~~434.0931 - --------------------------------------------------------------------------------

Payment Date: 01/25/03 ------------------------------------------------------------ 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 ~~1,985,987~~0.1100 6.600000% 055240HB4 830.~~444837~~000000 0.~~458947~~000000 0.000000 IA-5 ~~1,251,672~~0.5500 6.500000% 055240HC2 250.~~033451~~000000 0.~~135598~~000000 0.000000 IA-6 ~~90,491~~0.2900 6.750000% 055240HD0 0.000000 0.~~111372~~000000 0.000000 IA-7 0.00 1.~~880000~~920000% 055240HE8 0.000000 0.000000 0.000000 IA-8 0.00 31.~~776912~~569220% 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 5955,~~500~~136,~~000~~112.0038 6.750000% 055240HK4 73149.~~342649~~113095 5.~~625000~~212448 ~~926~~777.~~657351~~544256 IIA-1 0.00 6.500000% 055240HL2 0.000000 0.000000 0.000000 IIA-2 1410,~~232~~497,~~525~~487.1493 6.500000% 055240HM0 ~~144~~153.~~611941~~103965 2.~~984855~~201541 ~~406~~253.~~438281~~334317 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,~~657~~532,~~630~~094.7330 6.500000% 055240HR9 4.~~828324~~914092 4.~~303673~~277520 ~~789~~784.~~695935~~781842 I-X-1 0.00 0.~~227847~~227895% 055240HS7 0.000000 0.000000 0.000000 I-X-2 0.00 0.~~227847~~227895% 055240HT5 0.000000 0.000000 0.000000 I-X-3 6962,~~222~~682,~~498~~263.8813 0.~~227847~~227895% 055240HU2 0.000000 0.~~185192~~167730 ~~883~~767.~~197080~~480837 I-X-4 0.00 0.~~227847~~227895% 055240HV0 0.000000 0.000000 0.000000 II-X ~~215~~209,~~334~~614.2076 6.500000% 055240HW8 0.000000 0.~~869900~~846795 ~~156~~112.~~331393~~597606 I-PO 5952,~~212~~451.4700 0.000000% 055240HX6 650.~~698894~~781455 0.000000 ~~509~~508.~~648673~~867218 II-PO ~~148~~145,~~377~~901.1719 0.000000% 055240HY4 851.~~495109~~576338 0.000000 ~~500~~449.~~587338~~011000 Residual R-I 0.00 6.750000% 055240JF3 0.000000 0.~~334357~~404652 0.000000 R-II 0.00 6.500000% 055240JG1 0.000000 10.~~355600~~000000 0.000000 R-III 0.00 6.750000% 055240JH9 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate IM 6,~~554~~546,~~867~~488.4283 6.750000% 055240HZ1 1.~~213936~~237385 5.~~342093~~335265 ~~948~~947.~~491572~~254187 IB-1 3,~~011~~007,~~516~~666.1778 6.750000% 055240JA4 1.~~213936~~237385 5.~~342093~~335265 ~~948~~947.~~491572~~254188 IB-2 1,~~594~~592,~~555~~517.5535 6.750000% 055240JB2 1.~~213936~~237385 5.~~342094~~335265 ~~948~~947.~~491575~~254190 IB-3 1,~~240~~238,~~315~~729.3999 6.750000% 055240JJ5 1.~~213936~~237385 5.~~342093~~335265 ~~948~~947.~~491569~~254185 IB-4 ~~886~~884,~~075~~942.2463 6.750000% 055240JK2 1.~~213936~~237385 5.~~342093~~335265 ~~948~~947.~~491569~~254185 IB-5 ~~886~~884,~~072~~940.7111 6.750000% 055240JL0 1.~~213937~~237385 5.~~342095~~335267 ~~948~~947.~~491914~~254529 IIM ~~980~~974,~~442~~484.9378 6.500000% 055240JC0 4.~~828324~~914092 4.~~303673~~277520 ~~789~~784.~~695931~~781839 IIB-1 ~~360~~358,~~714~~521.0195 6.500000% 055240JD8 4.~~828324~~914092 4.~~303673~~277520 ~~789~~784.~~695928~~781836 IIB-2 ~~258~~256,~~220~~651.3818 6.500000% 055240JE6 4.~~828324~~914092 4.~~303673~~277520 ~~789~~784.~~695925~~781833 IIB-3 ~~309~~307,~~069~~191.9472 6.500000% 055240JM8 4.~~828324~~914092 4.~~303673~~277520 ~~789~~784.~~695941~~781849 IIB-4 ~~154~~153,~~932~~990.2371 6.500000% 055240JN6 4.~~828324~~914092 4.~~303673~~277520 ~~789~~784.~~695933~~781841 IIB-5 ~~258~~256,~~132~~564.9426 6.500000% 055240JP1 4.~~828338~~914055 4.~~303685~~277532 ~~789~~784.~~698209~~784154 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~114~~102,~~330~~826,~~320~~737.0709 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ BA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 1998-4 Trust Bank of America, FSB, Master Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 60,453,073.22 29,371,360.81 89,824,434.03 Loan count 190 111 301 Avg loan rate 7.385434% 6.946376% 7.24 Prepay amount 8,800,312.08 3,903,170.93 12,703,483.01 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 7,507.13 3,949.54 11,456.68 Sub servicer fees 0.00 0.00 0.00 Trustee fees 260.04 125.56 385.60 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 1,848,747.22 1,489,706.08 3,338,453.30 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 84.016694% 100.000000% 86,364,046.80 ----------------------------------------------------------------------------- Junior 15.983306% 0.000000% 16,429,865.15 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 3 728,005.12 60 to 89 days 1 40,548.28 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 4 768,553.40 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 13,585,681.83 13,585,681.83 Principal remittance amount 13,002,302.78 13,002,302.78 Interest remittance amount 583,379.04 583,379.04

Filing Compare · BA MORTGAGE SECURITIES INC MORT PS THR CERT SER 1998-4