8-K 1 boa9905_8k0308.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): August 25, 2003 BOA (Depositor) (Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-5 Trust) (Exact name of registrant as specified in charter) North Carolina 333-67267-04 13-4067086 (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 1999-5 Trust On August 25, 2003, The Bank of New York, as Trustee for BOA, MORTGAGE PASS-THROUGH CERTIFICATES Series 1999-5 Trust, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of May 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 1999-5 Trust relating to the distribution date of August 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of May 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: August 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 August 25, 2003 Payment Date: 08/25/03 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-5 Trust Bank of America, FSB, 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 6.500000% 0.00 0.00 0.00 0.00 0.00 A2 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A3 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A4 60,000,000.00 6.500000% 08,977,947.0052 ~~325~~323,~~000~~629.0005 ~~325~~9,~~000~~301,576.0057 0.00 01,370.0095 A5 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A6 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A7 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A8 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A9 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A10 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A11 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A12 0.00 5.500000% 0.00 0.00 0.00 0.00 0.00 A13 0.00 7.000000% 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 6.250000% 0.00 0.00 0.00 0.00 0.00 A16 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A17 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A18 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A19 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 A20 ~~1,946,592~~0.4000 6.500000% ~~1,946,592~~0.4000 ~~10,544~~0.0400 ~~1,957,136~~0.4500 0.00 0.00 A21 143,~~187~~106,~~801~~919.7779 6.500000% 113,~~157~~106,~~732~~919.5779 016,758.0016 113,~~157~~123,~~732~~677.5795 0.00 070.0099 A22 100,000.00 6.500000% 014,963.0025 ~~541~~539.6738 ~~541~~15,502.6763 0.00 02.0028 APO ~~340~~262,~~188~~473.7688 0.000000% 7769,~~714~~434.8885 0.00 7769,~~714~~434.8885 0.00 0.00 Residual AR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 12,~~276~~260,~~911~~636.8927 6.500000% 1615,~~275~~967.6297 66,~~499~~131.9463 82,~~775~~099.5660 0.00 0280.0015 B2 4,~~282~~276,~~510~~833.9861 6.500000% 5,~~677~~570.3705 23,~~196~~068.9346 28,~~874~~638.3051 0.00 097.0072 B3 1,~~999~~996,~~075~~425.7455 6.500000% 2,~~650~~600.1910 10,~~828~~768.3336 13,~~478~~368.5245 0.00 045.0062 B4 1,~~999~~996,~~075~~425.7455 6.500000% 2,~~650~~600.1910 10,~~828~~768.3336 13,~~478~~368.5245 0.00 045.0062 B5 1,~~142~~140,~~193~~678.1392 6.500000% 1,~~514~~485.2259 6,~~186~~152.8861 7,~~701~~638.1021 0.00 026.0006 B6 ~~911~~908,~~136~~622.3810 6.500000% 1,~~207~~183.9037 4,~~935~~900.3294 6,~~143~~084.2231 ~~1,306.39~~ 0.00 20.76 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 9986,~~185~~049,~~486~~015.8066 - 1312,~~212~~198,~~015~~672.3458 ~~458~~462,~~561~~716.4495 1312,~~670~~661,~~576~~389.7853 - 1,~~306~~960.3915 - ---------------------------------------------------------------------------------------------------------------------------------- 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 6051,~~000~~022,~~000~~052.0048 01,370.0095 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 0.00 0.00 A17 0.00 0.00 A18 0.00 0.00 A19 0.00 0.00 A20 0.00 0.00 A21 ~~3,106,919.79~~ 0.00 70.99 A22 ~~100~~85,~~000~~036.0075 02.0028 APO ~~262~~193,~~473~~039.8802 0.00 Residual AR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate B1 12,~~260~~244,~~636~~668.2730 0280.0015 B2 4,~~276~~271,~~833~~263.6157 097.0072 B3 1,~~996~~993,~~425~~825.5545 045.0062 B4 1,~~996~~993,~~425~~825.5545 045.0062 B5 1,~~140~~139,~~678~~193.9232 026.0006 B6 ~~908~~907,~~622~~438.1073 020.0076 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - 8673,~~049~~850,~~015~~343.6608 -1,960.15 --------------------------------------------------------------------------------

Payment Date: 08/25/03 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-5 Trust Bank of America, FSB, 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 6.500000% 060506DQ2 0.000000 0.000000 0.000000 A2 0.00 6.500000% 060506DR0 0.000000 0.000000 0.000000 A3 0.00 6.500000% 060506DS8 0.000000 0.000000 0.000000 A4 60,000,000.00 6.500000% 060506DT6 0149.~~000000~~632459 5.~~416667~~393817 ~~1,000~~850.~~000000~~367541 A5 0.00 6.750000% 060506DU3 0.000000 0.000000 0.000000 A6 0.00 6.750000% 060506DV1 0.000000 0.000000 0.000000 A7 0.00 6.750000% 060506DW9 0.000000 0.000000 0.000000 A8 0.00 6.750000% 060506DX7 0.000000 0.000000 0.000000 A9 0.00 6.750000% 060506DY5 0.000000 0.000000 0.000000 A10 0.00 7.000000% 060506DZ2 0.000000 0.000000 0.000000 A11 0.00 7.000000% 060506EA6 0.000000 0.000000 0.000000 A12 0.00 5.500000% 060506EB4 0.000000 0.000000 0.000000 A13 0.00 7.000000% 060506EC2 0.000000 0.000000 0.000000 A14 0.00 7.000000% 060506ED0 0.000000 0.000000 0.000000 A15 0.00 6.250000% 060506EE8 0.000000 0.000000 0.000000 A16 0.00 7.000000% 060506EF5 0.000000 0.000000 0.000000 A17 0.00 7.000000% 060506EG3 0.000000 0.000000 0.000000 A18 0.00 7.000000% 060506EH1 0.000000 0.000000 0.000000 A19 0.00 0.000000% 060506EJ7 0.000000 0.000000 0.000000 A20 ~~1,946,592~~0.4000 6.500000% 060506EV0 ~~123~~0.~~054074~~000000 0.~~666543~~000000 0.000000 A21 143,~~187~~106,~~801~~919.7779 6.500000% 060506EK4 285.090823 1~~,023~~.~~833049~~537728 0.000000 ~~285.090823~~ A22 100,000.00 6.500000% 060506EL2 0149.~~000000~~632459 5.~~416667~~393817 ~~1,000~~850.~~000000~~367541 APO ~~340~~262,~~188~~473.7688 0.000000% 060506EM0 ~~104~~93.~~652267~~502236 0.000000 ~~353~~259.~~452093~~949857 Residual AR 0.00 6.500000% 060506EN8 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 12,~~276~~260,~~911~~636.8927 6.500000% 060506EP3 1.~~260796~~236964 5.~~151440~~122909 ~~949~~948.~~774287~~537323 B2 4,~~282~~276,~~510~~833.9861 6.500000% 060506EQ1 1.~~260796~~236964 5.~~151440~~122909 ~~949~~948.~~774287~~537323 B3 1,~~999~~996,~~075~~425.7455 6.500000% 060506ER9 1.~~260796~~236964 5.~~151440~~122909 ~~949~~948.~~774287~~537323 B4 1,~~999~~996,~~075~~425.7455 6.500000% 060506ES7 1.~~260796~~236964 5.~~151440~~122909 ~~949~~948.~~774287~~537323 B5 1,~~142~~140,~~193~~678.1392 6.500000% 060506ET5 1.~~260796~~236964 5.~~151440~~122909 ~~949~~948.~~774285~~537321 B6 ~~911~~908,~~136~~622.3810 6.500000% 060506EU2 10.~~005519~~985099 4.~~108426~~079806 ~~756~~755.~~385592~~400494 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - 9986,~~185~~049,~~486~~015.8066 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-5 Trust Bank of America, FSB, Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 73,850,340.48 73,850,340.48 Loan count 230 230 Avg loan rate 7.017423% 7.02 Prepay amount 12,086,605.02 12,086,605.02 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 18,386.81 18,386.81 Sub servicer fees 0.00 0.00 Trustee fees 250.98 250.98 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 233,300.09 233,300.09 Coverage Amounts Total ---------------- ----- Bankruptcy 0.00 0.00 Fraud 6,003,829.70 6,003,829.70 Special Hazard 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 73.784797% 100.000000% 63,469,393.67 ----------------------------------------------------------------------------- Junior 26.215203% 0.000000% 22,550,214.82 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 5 2,061,235.96 60 to 89 days 2 490,693.20 90 or more 2 536,799.58 Foreclosure 0 0.00 Totals: 9 3,088,728.74 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 12,661,389.53 12,661,389.53 Principal remittance amount 12,198,672.58 12,198,672.58 Interest remittance amount 462,716.95 462,716.95

Filing Compare · BANK OF AMERICA 1999-5