8-K 1 boa9901_8k0310.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): October 25, 2003 BOA (Depositor) (Issuer in respect of Mortgage Pass-Through Certificates, Series 1999-1 Trust) (Exact name of registrant as specified in charter) North Carolina 033-63714-81 13-4048321/Man (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 1999-1 Trust On October 25, 2003, The Bank of New York, as Trustee for BOA, Mortgage Pass-Through Certificates Series 1999-1 Trust, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of February 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 1999-1 Trust relating to the distribution date of October 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of February 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: October 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 October 25, 2003 Payment Date: 10/25/03 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 1999-1 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 A-1 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-2 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00 A-3 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-4 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 A-5 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 A-6 0.00 1.~~610000~~620000% 0.00 0.00 0.00 0.00 0.00 A-7 0.00 6.~~890000~~880000% 0.00 0.00 0.00 0.00 0.00 A-8 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-9 0.00 6.400000% 0.00 0.00 0.00 0.00 0.00 A-10 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-11 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-12 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-13 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-14 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-15 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-16 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-17 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-18 0.00 2.~~110000~~120000% 0.00 0.00 0.00 0.00 0.00 A-19 0.00 25.~~523333~~480000% 0.00 0.00 0.00 0.00 0.00 A-20 0.00 6.400000% 0.00 0.00 0.00 0.00 0.00 A-21 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 A-22 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00 A-23 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 A-24 5840,~~752~~320,~~531~~823.0385 6.500000% 188,~~431~~124,~~707~~320.1761 ~~312~~216,~~224~~302.4194 188,~~743~~340,~~931~~623.5855 0.00 62,~~018~~101.4753 A-PO ~~236~~172,~~912~~448.7343 0.000000% 6421,~~464~~700.3055 0.00 6421,~~464~~700.3055 0.00 0.00 Residual A-R 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 A-LR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B-1 12,~~182~~165,~~204~~883.0378 6.500000% 16,~~320~~350.2539 6465,~~739~~264.0245 81,~~059~~614.2784 0.00 ~~1,247~~634.9209 B-2 4,~~249~~243,~~606~~913.4938 6.500000% 5,~~693~~703.1162 22,~~583~~766.3867 28,~~276~~470.4930 0.00 ~~435~~221.3219 B-3 1,~~983~~980,~~150~~493.3354 6.500000% 2,~~656~~661.7969 10,~~538~~624.9245 13,~~195~~286.7014 0.00 ~~203~~103.1522 B-4 1,~~983~~980,~~150~~493.3354 6.500000% 2,~~656~~661.7969 10,~~538~~624.9245 13,~~195~~286.7014 0.00 ~~203~~103.1522 B-5 1,~~133~~131,~~229~~710.0387 6.500000% 1,~~518~~520.1697 6,~~022~~071.2412 7,~~540~~592.4008 0.00 ~~116~~58.0998 B-6 ~~878~~877,~~176~~000.9958 6.500000% 1,~~176~~178.4163 4,~~666~~704.8371 5,~~843~~883.2534 0.00 8945.9671 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 8162,~~398~~872,~~960~~767.9698 - 188,~~526~~176,~~192~~098.9816 ~~431~~336,~~313~~358.7278 188,~~957~~512,~~506~~456.6994 - 83,~~314~~267.0495 ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A-1 0.00 0.00 A-2 0.00 0.00 A-3 0.00 0.00 A-4 0.00 0.00 A-5 0.00 0.00 A-6 0.00 0.00 A-7 0.00 0.00 A-8 0.00 0.00 A-9 0.00 0.00 A-10 0.00 0.00 A-11 0.00 0.00 A-12 0.00 0.00 A-13 0.00 0.00 A-14 0.00 0.00 A-15 0.00 0.00 A-16 0.00 0.00 A-17 0.00 0.00 A-18 0.00 0.00 A-19 0.00 0.00 A-20 0.00 0.00 A-21 0.00 0.00 A-22 0.00 0.00 A-23 0.00 0.00 A-24 4032,~~320~~196,~~823~~503.8524 62,~~018~~101.4753 A-PO ~~172~~150,~~448~~747.4388 0.00 Residual A-R 0.00 0.00 A-LR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate B-1 12,~~165~~149,~~883~~533.7839 ~~1,247~~634.9209 B-2 4,~~243~~238,~~913~~209.3876 ~~435~~221.3219 B-3 1,~~980~~977,~~493~~831.5485 ~~203~~103.1522 B-4 1,~~980~~977,~~493~~831.5485 ~~203~~103.1522 B-5 1,~~131~~130,~~710~~189.8790 ~~116~~58.0998 B-6 ~~877~~875,~~000~~821.5895 8945.9671 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - 6254,~~872~~696,~~767~~669.9882 83,~~314~~267.0495 --------------------------------------------------------------------------------

Payment Date: 10/25/03 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 1999-1 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 A-1 0.00 6.500000% 060506AA0 0.000000 0.000000 0.000000 A-2 0.00 6.000000% 060506AB8 0.000000 0.000000 0.000000 A-3 0.00 6.500000% 060506AC6 0.000000 0.000000 0.000000 A-4 0.00 6.250000% 060506AD4 0.000000 0.000000 0.000000 A-5 0.00 6.250000% 060506AE2 0.000000 0.000000 0.000000 A-6 0.00 1.~~610000~~620000% 060506AF9 0.000000 0.000000 0.000000 A-7 0.00 6.~~890000~~880000% 060506AG7 0.000000 0.000000 0.000000 A-8 0.00 6.500000% 060506AH5 0.000000 0.000000 0.000000 A-9 0.00 6.400000% 060506AJ1 0.000000 0.000000 0.000000 A-10 0.00 6.500000% 060506AK8 0.000000 0.000000 0.000000 A-11 0.00 6.500000% 060506AL6 0.000000 0.000000 0.000000 A-12 0.00 6.500000% 060506AM4 0.000000 0.000000 0.000000 A-13 0.00 6.500000% 060506AN2 0.000000 0.000000 0.000000 A-14 0.00 6.500000% 060506AP7 0.000000 0.000000 0.000000 A-15 0.00 6.500000% 060506AQ5 0.000000 0.000000 0.000000 A-16 0.00 6.500000% 060506AR3 0.000000 0.000000 0.000000 A-17 0.00 6.500000% 060506AS1 0.000000 0.000000 0.000000 A-18 0.00 2.~~110000~~120000% 060506AT9 0.000000 0.000000 0.000000 A-19 0.00 25.~~523333~~480000% 060506AU6 0.000000 0.000000 0.000000 A-20 0.00 6.400000% 060506AV4 0.000000 0.000000 0.000000 A-21 0.00 7.000000% 060506AW2 0.000000 0.000000 0.000000 A-22 0.00 6.000000% 060506AX0 0.000000 0.000000 0.000000 A-23 0.00 6.250000% 060506AY8 0.000000 0.000000 0.000000 A-24 5840,~~752~~320,~~531~~823.0385 6.500000% 060506AZ5 ~~307~~135.~~195120~~405344 53.~~203740~~605049 ~~672~~536.~~013731~~608387 A-PO ~~236~~172,~~912~~448.7343 0.000000% 060506BA9 5217.~~975023~~832929 0.000000 ~~141~~123.~~713470~~880541 Residual A-R 0.00 6.500000% 060506BB7 0.000000 0.000000 0.000000 A-LR 0.00 6.500000% 060506BC5 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate B-1 12,~~182~~165,~~204~~883.0378 6.500000% 060506BD3 1.~~264957~~267293 5.~~017821~~058546 ~~942~~941.~~958801~~691508 B-2 4,~~249~~243,~~606~~913.4938 6.500000% 060506BE1 1.~~264957~~267293 5.~~017821~~058546 ~~942~~941.~~958801~~691508 B-3 1,~~983~~980,~~150~~493.3354 6.500000% 060506BF8 1.~~264957~~267293 5.~~017821~~058546 ~~942~~941.~~958801~~691508 B-4 1,~~983~~980,~~150~~493.3354 6.500000% 060506BG6 1.~~264957~~267293 5.~~017821~~058546 ~~942~~941.~~958801~~691508 B-5 1,~~133~~131,~~229~~710.0387 6.500000% 060506BH4 1.~~264957~~267293 5.~~017821~~058546 ~~942~~941.~~958804~~691511 B-6 ~~878~~877,~~176~~000.9958 6.500000% 060506BJ0 0.~~980118~~981964 3.~~888129~~919685 ~~730~~729.~~664778~~682814 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - 8162,~~398~~872,~~960~~767.9698 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 1999-1 Trust BANK OF AMERICA, FSB, SERVICER ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 54,696,665.12 54,696,665.12 Loan count 177 177 Avg loan rate 7.008368% 7.01 Prepay amount 8,091,593.99 8,091,593.99 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 11,019.68 11,019.68 Sub servicer fees 0.00 0.00 Trustee fees 183.38 183.38 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 264,826.96 264,826.96 Coverage Amounts Total ---------------- ----- Bankruptcy 0.00 0.00 Fraud 6,000,845.77 6,000,845.77 Special Hazard 1,382,208.00 1,382,208.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 64.435930% 100.000000% 40,493,272.29 ----------------------------------------------------------------------------- Junior 35.564070% 0.000000% 22,349,418.70 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 3 949,412.56 60 to 89 days 0 0.00 90 or more 2 534,606.96 Foreclosure 1 483,053.18 Totals: 6 1,967,072.70 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 8,512,456.94 8,512,456.94 Principal remittance amount 8,176,098.16 8,176,098.16 Interest remittance amount 336,358.78 336,358.78

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