8-K 1 boa01e_8k0305.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): May 25, 2003 BANK OF AMERICA MORTGAGE SECURITIES, INC. (Depositor) North Carolina 333-56234-11 80-0046595/Man (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 101 N. Tryon St. 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 BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES Series 2001-e Trust On May 25, 2003, The Bank of New York, as Trustee for MORTGAGE PASS-THROUGH CERTIFICATES made a monthly distribution of principal and/or interest to the Holders of the Series 2001-e Trust. The monthly distributions were made pursuant to the terms of the Pooling and Servicing Agreement (the "Pooling and Servicing Agreement") dated as of August 1, 2001 by and among BANK OF AMERICA MORTGAGE SECURITIES, INC. as Depositor, EquiCredit Corporation of America, as Transferor and Initial Servicer, Bank of America, N.A., as Advancing Party, Fairbanks Capital Corp., as Expected Successor Servicer and The Bank of New York, as Trustee. All capitalized terms used, but not defined herein, shall have the meanings assigned to them in the Pooling and Servicing Agreement. Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 99 Report to Holders of Series 2001-e Trust relating to the Distribution Date of May 25, 2003 prepared by the Trustee pursuant to the terms of the Pooling and Servicing Agreement. 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: May 25, 2003 By: /s/ Diane Pickett ------------------------------ Name: Diane Pickett Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Report to Holders of Series 2001-e Trust relating to the Distribution Date of May 25, 2003 prepared by the Trustee pursuant to the terms of the Pooling and Servicing Agreement. 99 Monthly Remittance Statement dated May 25, 2003 Payment Date: 05/25/03 ------------------------------------------------------------ MORTGAGE PASS-THROUGH CERTIFICATES Series 2001-e 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 4.713000% 0.00 0.00 0.00 0.00 0.00 A2 0.00 5.624000% 0.00 0.00 0.00 0.00 0.00 A3 9082,~~620~~059,~~874~~145.0003 5.847000% 813,~~561~~868,~~728~~420.9709 ~~441~~391,~~550~~023.2104 914,~~003~~259,~~279~~443.1814 0.00 08,810.0014 A4 65,~~310~~714,~~505~~297.2081 5.706000% ~~596~~965,~~207~~745.3989 3026,~~006~~572.4577 ~~626~~992,~~213~~318.8567 0.00 0598.0071 A5 2522,~~242~~857,~~020~~191.8123 5.839000% 23,~~384~~862,~~829~~983.58 ~~122~~108,~~823~~768.4762 23,~~507~~971,~~653~~752.0420 0.00 02,450.0067 AIO ~~134~~122,~~642~~532,~~963~~813.1803 0.~~312064~~319600% 0.00 3531,~~014~~915.3449 3531,~~014~~915.3449 0.00 0719.0009 Residual AR 0.00 6.~~181979~~192048% 0.00 0.00 0.00 0.00 0.00 ALR 0.00 6.~~181979~~192048% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 5,~~946~~676,~~833~~243.1716 6.~~181979~~192048% ~~270~~458,~~590~~361.0127 3028,~~636~~644.0026 ~~301~~487,~~226~~005.0153 0.00 0645.0038 B2 2,~~301~~196,~~579~~854.4405 6.~~181979~~192048% ~~104~~177,~~725~~397.3976 11,~~856~~086.9308 ~~116~~188,~~582~~483.3283 0.00 0249.0078 B3 1,~~918~~831,~~877~~565.6275 6.~~181979~~192048% 87147,~~311~~900.8743 9,~~885~~242.3871 97157,~~197~~143.2514 0.00 0208.0025 B4 ~~766~~732,~~937~~040.5067 6.~~181979~~192048% 3459,~~896~~112.8388 3,~~950~~694.9913 3862,~~847~~807.8201 0.00 083.0023 B5 ~~767~~732,~~704~~772.4371 6.~~181979~~192048% 3459,~~931~~171.7399 3,~~954~~697.9482 3862,~~886~~869.6782 0.00 083.0032 B6 ~~767~~732,~~631~~702.0062 6.~~181979~~192048% 3459,~~928~~166.3933 3,~~954~~697.5747 3862,~~882~~863.9580 0.00 083.0031 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~134~~122,~~642~~532,~~963~~813.1803 - 1219,~~110~~658,~~150~~260.1523 ~~693~~618,~~633~~342.2739 1220,~~803~~276,~~783~~602.4262 - -13,931.87 ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 0.00 0.00 A2 0.00 0.00 A3 8268,~~059~~190,~~145~~724.0394 08,810.0014 A4 54,~~714~~748,~~297~~551.8191 0598.0071 A5 2218,~~857~~994,~~191~~207.2366 02,450.0067 AIO ~~122~~102,~~532~~874,~~813~~552.0380 0719.0009 Residual AR 0.00 0.00 ALR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate B1 5,~~676~~217,~~243~~881.1689 0645.0038 B2 2,~~196~~019,~~854~~456.0529 0249.0078 B3 1,~~831~~683,~~565~~665.7532 0208.0025 B4 ~~732~~672,~~040~~927.6779 083.0023 B5 ~~732~~673,~~772~~600.71 083.0032 B6 ~~732~~673,~~702~~536.6228 083.0031 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~122~~102,~~532~~874,~~813~~552.0380 -13,931.87 --------------------------------------------------------------------------------

Payment Date: 05/25/03 ------------------------------------------------------------ MORTGAGE PASS-THROUGH CERTIFICATES Series 2001-e 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 4.713000% 0605062P6 0.000000 0.000000 0.000000 A2 0.00 5.624000% 0605062Q4 0.000000 0.000000 0.000000 A3 9082,~~620~~059,~~874~~145.0003 5.847000% 0605062R2 65106.~~895950~~739272 3.~~398422~~009536 ~~631~~524.~~573987~~834716 A4 65,~~310~~714,~~505~~297.2081 5.706000% 0605062S0 2338.~~848296~~629836 1.~~200258~~062911 ~~228~~189.~~571912~~942077 A5 2522,~~242~~857,~~020~~191.8123 5.839000% 0605062T8 2338.~~848296~~629836 1.~~228235~~087686 ~~228~~189.~~571912~~942077 AIO ~~134~~122,~~642~~532,~~963~~813.1803 0.~~312064~~319600% 0605062U5 0.000000 0.~~069991~~063797 ~~244~~205.~~934829~~639293 Residual AR 0.00 6.~~181979~~192048% 0605062V3 0.000000 0.000000 0.000000 ALR 0.00 6.~~181979~~192048% 0605062W1 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 5,~~946~~676,~~833~~243.1716 6.~~181979~~192048% 0605062X9 3459.~~896829~~112879 3.~~950993~~694127 ~~732~~672.~~040644~~927765 B2 2,~~301~~196,~~579~~854.4405 6.~~181979~~192048% 0605062Y7 3459.~~896830~~112881 3.~~950993~~694127 ~~732~~672.~~040670~~927788 B3 1,~~918~~831,~~877~~565.6275 6.~~181979~~192048% 0605062Z4 3459.~~896830~~112881 3.~~950993~~694127 ~~732~~672.~~040669~~927787 B4 ~~766~~732,~~937~~040.5067 6.~~181979~~192048% 0605063A8 3459.~~896830~~112882 3.~~950993~~694127 ~~732~~672.~~040671~~927790 B5 ~~767~~732,~~704~~772.4371 6.~~181979~~192048% 0605063B6 3459.~~896830~~112881 3.~~950993~~694127 ~~732~~672.~~040666~~927785 B6 ~~767~~732,~~631~~702.0062 6.~~181979~~192048% 0605063C4 3459.~~896844~~112905 3.~~950994~~694128 ~~732~~672.~~040955~~928050 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~134~~122,~~642~~532,~~963~~813.1803 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ MORTGAGE PASS-THROUGH CERTIFICATES Series 2001-e Trust Bank of America, N.A., Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 102,874,552.43 102,874,552.43 Loan count 234 234 Avg loan rate 6.654048% 6.65 Prepay amount 19,527,271.16 19,527,271.16 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 7,409.26 7,409.26 Sub servicer fees 0.00 0.00 Trustee fees 306.33 306.33 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 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 91.000317% 100.000000% 110,630,634.08 ----------------------------------------------------------------------------- Junior 8.999683% 0.000000% 10,941,068.29 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 4 1,862,475.08 60 to 89 days 2 854,309.87 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 6 2,716,784.95 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 20,276,602.62 20,276,602.62 Principal remittance amount 19,658,260.23 19,658,260.23 Interest remittance amount 618,342.39 618,342.39

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