8-K 1 boa0107_8k0309.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): September 25, 2003 BOA (Depositor) (Issuer in respect of Mortgage Pass-Through Certificates, Series 2001-7 Trust) (Exact name of registrant as specified in charter) North Carolina 333-56234-06 13-4186199/6200 (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 2001-7 Trust On September 25, 2003, The Bank of New York, as Trustee for BOA, Mortgage Pass-Through Certificates Series 2001-7 Trust, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of June 1, 2001, 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 2001-7 Trust relating to the distribution date of September 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of June 1, 2001. 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: September 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 September 25, 2003 Payment Date: 09/25/03 ------------------------------------------------------------ Bank of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates, Series 2001-7 Trust Bank of America, NA, 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 6.750000% 0.00 0.00 0.00 0.00 0.00 A2 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A3 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A4 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A5 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A6 ~~7,220,894~~0.5100 6.750000% ~~7,220,894~~0.5100 ~~40,034~~0.1200 ~~7,260,928~~0.6300 0.00 ~~583~~0.4100 A7 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A8 ~~5,576,000~~0.00 7.000000% ~~5,576,000~~0.00 ~~32,059~~0.4700 ~~5,608,059~~0.4700 0.00 ~~467~~0.2000 A9 ~~197,186~~0.7200 0.000000% ~~197,186~~0.7200 0.00 ~~197,186~~0.7200 0.00 0.00 A10 ~~1,141,000~~0.00 7.000000% ~~1,141,000~~0.00 ~~6,560~~0.2300 ~~1,147,560~~0.2300 0.00 950.6000 A11 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A12 ~~1,394,000~~0.00 6.500000% ~~1,394,000~~0.00 ~~7,442~~0.3800 ~~1,401,442~~0.3800 0.00 ~~108~~0.4600 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 7.000000% 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 7.000000% 0.00 0.00 0.00 0.00 0.00 A20 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A21 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A22 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A23 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A24 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A25 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A26 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A27 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A28 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A29 0.00 6.100000% 0.00 0.00 0.00 0.00 0.00 A30 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 A31 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 A32 6361,~~000~~501,~~000~~858.0081 6.750000% 116,~~498~~953,~~141~~812.1908 ~~349~~332,~~284~~345.9075 117,~~847~~286,~~426~~157.1083 0.00 513,~~090~~602.1020 APO ~~557~~429,~~131~~651.1639 0.000000% ~~127~~120,~~479~~340.7610 0.00 ~~127~~120,~~479~~340.7610 0.00 0.00 Residual AR 0.00 6.750000% 0.00 60.7006 60.7006 0.00 0.00 ALR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 B1 10,~~447~~436,~~265~~732.6072 6.750000% 10,~~532~~896.8837 5756,~~921~~398.7836 6867,~~454~~294.6673 0.00 ~~844~~2,308.0926 B2 4,~~608~~604,~~886~~239.3973 6.750000% 4,~~646~~807.6601 2524,~~552~~880.6154 3029,~~199~~687.2755 0.00 ~~372~~1,018.3831 B3 2,~~458~~456,~~985~~506.6551 6.750000% 2,~~479~~564.1469 13,~~633~~274.1255 1615,~~112~~839.2624 0.00 ~~198~~543.6730 B4 1,~~536~~535,~~621~~072.5029 6.750000% 1,~~549~~602.2168 8,~~519~~295.3427 109,~~068~~897.5695 0.00 ~~124~~339.1551 B5 1,~~229~~228,~~492~~253.8226 6.750000% 1,~~239~~282.5735 6,~~816~~637.5628 87,~~056~~919.1362 0.00 99271.3465 B6 1,~~229~~228,~~381~~142.9448 6.750000% 1,~~239~~282.4623 6,~~815~~636.9568 87,~~055~~918.4091 051,458.00 99 271.3363 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~100~~83,~~596~~420,~~846~~457.2818 - 17,~~176~~096,~~389~~587.1050 ~~554~~448,~~647~~468.1548 17,~~731~~545,~~036~~055.2598 -51,458.99 818,~~082~~354.7286 ---------------------------------------------------------------------------------------------------------------------------------- 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 0.00 0.00 A6 0.00 ~~583~~0.4100 A7 0.00 0.00 A8 0.00 ~~467~~0.2000 A9 0.00 0.00 A10 0.00 950.6000 A11 0.00 0.00 A12 0.00 ~~108~~0.4600 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 0.00 0.00 A22 0.00 0.00 A23 0.00 0.00 A24 0.00 0.00 A25 0.00 0.00 A26 0.00 0.00 A27 0.00 0.00 A28 0.00 0.00 A29 0.00 0.00 A30 0.00 0.00 A31 0.00 0.00 A32 6144,~~501~~548,~~858~~046.8173 513,~~090~~602.1020 APO ~~429~~309,~~651~~311.3930 0.00 Residual AR 0.00 0.00 ALR 0.00 0.00 B1 10,~~436~~425,~~732~~836.7235 ~~844~~2,308.0926 B2 4,~~604~~599,~~239~~432.7372 ~~372~~1,018.3831 B3 2,~~456~~453,~~506~~941.5182 ~~198~~543.6730 B4 1,~~535~~533,~~072~~469.2961 ~~124~~339.1551 B5 1,~~228~~226,~~253~~970.2691 99271.3465 B6 1,~~228~~175,~~142~~401.4826 99271.3363 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - 8366,~~420~~272,~~457~~410.1869 818,~~082~~354.7286 --------------------------------------------------------------------------------

Payment Date: 09/25/03 ------------------------------------------------------------ Bank of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates, Series 2001-7 Trust Bank of America, NA, 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 6.750000% 060506F98 0.000000 0.000000 0.000000 A2 0.00 6.750000% 060506G22 0.000000 0.000000 0.000000 A3 0.00 6.750000% 060506G30 0.000000 0.000000 0.000000 A4 0.00 6.750000% 060506G48 0.000000 0.000000 0.000000 A5 0.00 6.750000% 060506G55 0.000000 0.000000 0.000000 A6 ~~7,220,894~~0.5100 6.750000% 060506G63 ~~715~~0.~~719547~~000000 30.~~968096~~000000 0.000000 A7 0.00 7.000000% 060506G71 0.000000 0.000000 0.000000 A8 ~~5,576,000~~0.00 7.000000% 060506G89 ~~891~~0.~~019495~~000000 50.~~122957~~000000 0.000000 A9 ~~197,186~~0.7200 0.000000% 060506G97 ~~278~~0.~~818301~~000000 0.000000 0.000000 A10 ~~1,141,000~~0.00 7.000000% 060506H21 ~~715~~0.~~360502~~000000 40.~~112998~~000000 0.000000 A11 0.00 6.500000% 060506H39 0.000000 0.000000 0.000000 A12 ~~1,394,000~~0.00 6.500000% 060506H47 ~~715~~0.~~605749~~000000 30.~~820522~~000000 0.000000 A13 0.00 7.000000% 060506H54 0.000000 0.000000 0.000000 A14 0.00 7.000000% 060506H62 0.000000 0.000000 0.000000 A15 0.00 7.000000% 060506H70 0.000000 0.000000 0.000000 A16 0.00 7.000000% 060506H88 0.000000 0.000000 0.000000 A17 0.00 7.000000% 060506H96 0.000000 0.000000 0.000000 A18 0.00 7.000000% 060506J29 0.000000 0.000000 0.000000 A19 0.00 7.000000% 060506J37 0.000000 0.000000 0.000000 A20 0.00 7.000000% 060506J45 0.000000 0.000000 0.000000 A21 0.00 6.750000% 060506J52 0.000000 0.000000 0.000000 A22 0.00 6.750000% 060506J60 0.000000 0.000000 0.000000 A23 0.00 6.750000% 060506J78 0.000000 0.000000 0.000000 A24 0.00 6.750000% 060506J86 0.000000 0.000000 0.000000 A25 0.00 6.750000% 060506J94 0.000000 0.000000 0.000000 A26 0.00 6.750000% 060506K27 0.000000 0.000000 0.000000 A27 0.00 6.750000% 060506K35 0.000000 0.000000 0.000000 A28 0.00 6.750000% 060506K43 0.000000 0.000000 0.000000 A29 0.00 6.100000% 060506K50 0.000000 0.000000 0.000000 A30 0.00 6.750000% 060506K68 0.000000 0.000000 0.000000 A31 0.00 0.000000% 060506K76 0.000000 0.000000 0.000000 A32 6361,~~000~~501,~~000~~858.0081 6.750000% 060506K84 23269.~~780019~~108128 5.~~544205~~275329 ~~976~~707.~~219981~~111853 APO ~~557~~429,~~131~~651.1639 0.000000% 060506K92 6056.~~076506~~711844 0.000000 ~~202~~145.~~478837~~766993 Residual AR 0.00 6.750000% 060506L26 0.000000 ~~133~~1.~~917715~~209818 0.000000 ALR 0.00 6.750000% 060506L34 0.000000 0.000000 0.000000 B1 10,~~447~~436,~~265~~732.6072 6.750000% 060506L42 01.~~986132~~020164 5.~~422880~~280251 ~~977~~976.~~130673~~110509 B2 4,~~608~~604,~~886~~239.3973 6.750000% 060506L59 01.~~986132~~020164 5.~~422880~~280251 ~~977~~976.~~130673~~110509 B3 2,~~458~~456,~~985~~506.6551 6.750000% 060506L67 01.~~986132~~020164 5.~~422880~~280251 ~~977~~976.~~130673~~110509 B4 1,~~536~~535,~~621~~072.5029 6.750000% 060506L75 01.~~986132~~020164 5.~~422880~~280251 ~~977~~976.~~130673~~110509 B5 1,~~229~~228,~~492~~253.8226 6.750000% 060506L83 01.~~986132~~020164 5.~~422880~~280251 ~~977~~976.~~130673~~110509 B6 1,~~229~~228,~~381~~142.9448 6.750000% 060506L91 01.~~986133~~020164 5.~~422882~~280253 ~~977~~935.~~131050~~169234 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~100~~83,~~596~~420,~~846~~457.2818 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ Bank of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates, Series 2001-7 Trust Bank of America, NA, Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 66,272,410.69 66,272,410.69 Loan count 171 171 Avg loan rate 7.207464% 7.21 Prepay amount 17,060,861.85 17,060,861.85 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 0.00 0.00 Sub servicer fees 0.00 0.00 Trustee fees 208.55 208.55 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 51,458.52 51,458.52 Coverage Amounts Total ---------------- ----- Bankruptcy 0.00 0.00 Fraud 0.00 0.00 Special Hazard 1,915,717.14 1,915,717.14 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 100.000000% 100.000000% 83,420,457.18 ----------------------------------------------------------------------------- Junior 0.000000% 0.000000% 0.00 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 5 1,832,551.11 60 to 89 days 1 509,890.76 90 or more 0 0.00 Foreclosure 3 927,625.39 Totals: 9 3,270,067.26 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- REO INFORMATION -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 413,609.46 Current Total Outstanding Number of Loans: 1 -------------------------------------------------------------------------------- OTHER INFORMATION -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 17,545,055.98 17,545,055.98 Principal remittance amount 17,096,587.50 17,096,587.50 Interest remittance amount 448,468.48 448,468.48

Filing Compare · MORTGAGE PASS THROUGH CERTIFICATES SERIES 2001-7