8-K 1 boa9911_8k0304.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): April 25, 2003 BOA (Depositor) (Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-11 Trust) (Exact name of registrant as specified in charter) North Carolina 333-67267-10 13-4086122 (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 BOA MORTGAGE PASS-THROUGH CERTIFICATES Series 1999-11 Trust On April 25, 2003, The Bank of New York, as Trustee for BOA, MORTGAGE PASS-THROUGH CERTIFICATES Series 1999-11 Trust, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of September 1, 1999, among BOA as Depositor, BANK OF AMERICA 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 1999-11 Trust relating to the distribution date of April 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of September 1, 1999. 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: April 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 April 25, 2003 Payment Date: 04/25/03 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-11 Trust Bank of America, N.A., 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 7.250000% 0.00 0.00 0.00 0.00 0.00 A3 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A4 ~~809,584~~0.8700 7.250000% ~~809,584~~0.8700 ~~4,891~~0.2400 ~~814,476~~0.1200 0.00 0.00 A5 217,~~200~~994,~~000~~308.0045 7.250000% 43,~~466~~666,~~400~~916.6564 ~~128~~46,~~083~~546.3349 43,~~594~~713,~~483~~463.9813 0.00 01,752.0046 A6 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A7 ~~2,396,511~~0.9800 7.250000% ~~2,396,511~~0.9800 ~~14,478~~0.9300 ~~2,410,990~~0.9100 0.00 0.00 A8 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 A9 125,~~198~~301,~~896~~335.8279 7.250000% 12,~~175~~431,~~900~~674.1755 030,866.0078 12,~~175~~462,~~900~~541.1733 0.00 01,162.0012 A10 31,~~693~~341,000.00 7.250000% ~~886~~615,000.00 227,~~311~~807.8891 ~~908~~622,~~311~~807.8891 0.00 0293.0096 A11 35,000,000.00 7.250000% 0.00 ~~211~~203,~~458~~785.3388 ~~211~~203,~~458~~785.3388 0.00 07,672.0046 APO 1,~~621~~119,~~986~~758.6852 0.000000% ~~176~~160,~~955~~487.2473 0.00 ~~176~~160,~~955~~487.2473 0.00 0.00 Residual AR 0.00 7.250000% 0.00 12.8893 12.8893 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 8,~~984~~955,~~513~~608.6199 7.250000% 9,~~562~~775.5349 5452,~~281~~143.4462 6361,~~843~~919.9711 0.00 01,963.0019 B2 2,~~536~~528,~~644~~483.7495 7.250000% 2,~~699~~759.8497 1514,~~325~~721.5698 1817,~~025~~481.4095 0.00 0554.0028 B3 1,~~353~~348,~~327~~974.9811 7.250000% 1,~~440~~472.3947 87,~~176~~854.3634 9,~~616~~326.7581 0.00 0295.0071 B4 1,~~015~~011,~~237~~971.4830 7.250000% 1,~~080~~104.5562 65,~~133~~892.7316 76,~~214~~996.2877 0.00 0221.0084 B5 ~~677~~674,~~146~~968.9849 7.250000% ~~720~~736.7176 43,~~091~~929.1097 4,~~811~~666.8173 0.00 0147.0096 B6 ~~676~~674,~~522~~345.2678 7.250000% ~~720~~736.0508 43,~~087~~926.3235 4,~~807~~662.3743 0.00 0147.0083 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 9265,~~163~~950,~~373~~755.4137 - 96,~~927~~890,~~577~~664.0031 ~~473~~377,~~321~~478.0940 107,~~400~~268,~~898~~142.0971 - -14,211.80 ---------------------------------------------------------------------------------------------------------------------------------- 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 0.00 0.00 A5 164,~~733~~327,~~599~~391.3581 01,752.0046 A6 0.00 0.00 A7 0.00 0.00 A8 0.00 0.00 A9 112,~~096~~869,~~698~~661.3124 01,162.0012 A10 2726,~~807,~~000.00 0293.0096 A11 35,000,000.00 07,672.0046 APO 1959,~~445,031~~270.4480 0.00 Residual AR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate B1 8,~~974~~945,~~951~~833.0850 01,963.0019 B2 2,~~533~~525,~~944~~723.9098 0554.0028 B3 1,~~351~~347,~~887~~501.5964 0295.0071 B4 1,~~014~~010,~~156~~866.9368 0221.0084 B5 ~~676~~674,~~426~~231.2773 0147.0096 B6 ~~675~~673,~~802~~609.2270 0147.0083 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - 8259,~~309~~060,~~498~~091.0807 -14,211.80 --------------------------------------------------------------------------------

Payment Date: 04/25/03 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-11 Trust Bank of America, N.A., 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% 060506JS2 0.000000 0.000000 0.000000 A2 0.00 7.250000% 060506JT0 0.000000 0.000000 0.000000 A3 0.00 7.250000% 060506JU7 0.000000 0.000000 0.000000 A4 ~~809,584~~0.8700 7.250000% 060506JV5 620.~~256604~~000000 0.~~376134~~000000 0.000000 A5 217,~~200~~994,~~000~~308.0045 7.250000% 060506JW3 ~~210~~172.~~679276~~967766 62.~~041667~~195589 ~~789~~204.~~320724~~122255 A6 0.00 7.250000% 060506JX1 0.000000 0.000000 0.000000 A7 ~~2,396,511~~0.9800 7.250000% 060506JY9 ~~237~~0.~~020273~~000000 10.~~431997~~000000 0.000000 A8 0.00 7.250000% 060506JZ6 0.000000 0.000000 0.000000 A9 125,~~198~~301,~~896~~335.8279 7.250000% 060506KA3 ~~121~~252.~~877421~~033489 03.~~000000~~199220 ~~1,150~~297.~~129072~~429084 A10 31,~~693~~341,000.00 7.250000% 060506KB7 ~~177~~123.~~200000~~000000 41.~~462375~~561582 ~~561~~145.~~400000~~200000 A11 35,000,000.00 7.250000% 060506KC5 0.000000 65.~~041667~~822454 1,000.000000 APO 1,~~621~~119,~~986~~758.6852 0.000000% 060506KD3 4743.~~937296~~476234 0.000000 ~~391~~259.~~460001~~867114 Residual AR 0.00 7.250000% 060506KE1 0.000000 1829.~~782751~~259524 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 8,~~984~~955,~~513~~608.6199 7.250000% 060506KF8 1.~~028119~~051015 5.~~836086~~606238 ~~964~~961.~~944745~~814159 B2 2,~~536~~528,~~644~~483.7495 7.250000% 060506KG6 1.~~028119~~051015 5.~~836086~~606238 ~~964~~961.~~944745~~814159 B3 1,~~353~~348,~~327~~974.9811 7.250000% 060506KH4 1.~~028119~~051015 5.~~836086~~606238 ~~964~~961.~~944745~~814159 B4 1,~~015~~011,~~237~~971.4830 7.250000% 060506KJ0 1.~~028119~~051015 5.~~836086~~606238 ~~964~~961.~~944745~~814159 B5 ~~677~~674,~~146~~968.9849 7.250000% 060506KK7 1.~~028119~~051015 5.~~836086~~606238 ~~964~~961.~~944745~~814159 B6 ~~676~~674,~~522~~345.2678 7.250000% 060506KL5 1.~~028119~~051015 5.~~836086~~606238 ~~964~~961.~~944745~~814159 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - 9265,~~163~~950,~~373~~755.4137 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-11 Trust Bank of America, N.A., Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 59,060,247.45 59,060,247.45 Loan count 177 177 Avg loan rate 7.582914% 7.58 Prepay amount 6,818,934.61 6,818,934.61 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 0.00 0.00 Sub servicer fees 0.00 0.00 Trustee fees 219.84 219.84 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 3,500,388.43 3,500,388.43 Special Hazard 1,438,090.26 1,438,090.26 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 76.980423% 100.000000% 50,756,402.76 ----------------------------------------------------------------------------- Junior 23.019577% 0.000000% 15,177,767.22 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 5 2,134,457.65 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 5 2,013,229.61 Totals: 10 4,147,687.26 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 7,268,142.71 7,268,142.71 Principal remittance amount 6,890,664.31 6,890,664.31 Interest remittance amount 377,478.40 377,478.40

Filing Compare · BANK OF AMERICA 1999-11