8-K 1 boa02e_8k0312.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): December 20, 2003 BANK OF AMERICA MORTGAGE SECURITIES, INC. (Depositor) North Carolina 333-74544-12 61-1430145 (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 2002-E Trust On December 20, 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 2002-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 May 1, 2002 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 2002-E Trust relating to the Distribution Date of December 20, 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: December 20, 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 2002-E Trust relating to the Distribution Date of December 20, 2003 prepared by the Trustee pursuant to the terms of the Pooling and Servicing Agreement. 99 Monthly Remittance Statement dated December 20, 2003 Payment Date: 12/20/03 ------------------------------------------------------------ MORTGAGE PASS-THROUGH CERTIFICATES Series 2002-E Trust Bank of America, NA, as 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 ~~106~~94,~~223~~504,~~997~~420.6825 6.~~993838~~966307% 1110,~~719~~188,~~577~~605.4395 ~~616~~524,~~442~~677.3665 1210,~~336~~713,~~019~~283.7960 0.00 223,~~652~~944.1868 Residual AR 0.00 6.~~993838~~966307% 0.00 0.0400 0.0400 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 5,~~864~~557,~~396~~768.9913 6.~~993838~~966307% ~~306~~283,~~628~~275.8622 3430,~~032~~856.4509 ~~340~~314,~~661~~131.3031 0.00 ~~146~~1,408.4218 B2 3,~~569~~382,~~413~~780.0791 6.~~993838~~966307% ~~186~~172,~~632~~417.1677 2018,~~714~~780.1381 ~~207~~191,~~346~~198.2858 0.00 89857.1210 B3 21,~~039~~932,~~592~~949.3620 6.~~993838~~966307% ~~106~~98,~~643~~520.1795 1110,~~836~~731.2251 ~~118~~109,~~479~~252.3946 0.00 50489.9275 B4 1966,~~020,049~~714.0424 6.~~993838~~966307% 5349,~~334~~272.8169 5,~~919~~367.5809 5954,~~254~~639.3978 0.00 25244.4794 B5 1966,~~019,543~~234.3296 6.~~993838~~966307% 5349,~~308~~248.3626 5,~~916~~364.6543 5954,~~225~~612.0169 0.00 25244.4682 B6 1967,~~020,351~~000.3574 6.~~993838~~966307% 5349,~~350~~287.6122 5,~~921~~368.3368 5954,~~271~~655.9590 0.00 25245.4801 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~120~~108,~~757~~277,~~343~~868.8142 - 1210,~~479~~890,~~475~~628.3908 ~~700~~601,~~782~~146.7525 1311,~~180~~491,~~258~~774.1432 - 327,~~015~~434.0447 ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 9484,~~504~~315,~~420~~814.2529 223,~~652~~944.1868 Residual AR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate B1 5,~~557~~274,~~768~~492.1391 ~~146~~1,408.4218 B2 3,~~382~~210,~~780~~363.9114 89857.1210 B3 1,~~932~~834,~~949~~428.2024 50489.9275 B4 ~~966~~917,~~714~~441.2455 25244.4794 B5 ~~966~~916,~~234~~986.9669 25244.4682 B6 ~~967~~917,~~000~~713.7452 25245.4801 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~108~~97,~~277~~387,~~868~~240.4234 327,~~015~~434.0447 --------------------------------------------------------------------------------

Payment Date: 12/20/03 ------------------------------------------------------------ MORTGAGE PASS-THROUGH CERTIFICATES Series 2002-E Trust Bank of America, NA, as 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 ~~106~~94,~~223~~504,~~997~~420.6825 6.~~993838~~966307% 06050HJH2 1110.~~963819~~400941 0.~~629289~~535612 9686.~~473936~~072994 Residual AR 0.00 6.~~993838~~966307% 06050HJJ7 0.000000 0.~~361281~~000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 5,~~864~~557,~~396~~768.9913 6.~~993838~~966307% 06050HJK5 2624.~~442640~~428701 2.~~934844~~660925 ~~479~~454.~~283212~~854511 B2 3,~~569~~382,~~413~~780.0791 6.~~993838~~966307% 06050HJL3 2624.~~442640~~428701 2.~~934844~~660925 ~~479~~454.~~283212~~854511 B3 21,~~039~~932,~~592~~949.3620 6.~~993838~~966307% 06050HJM1 2624.~~442640~~428701 2.~~934844~~660925 ~~479~~454.~~283212~~854511 B4 1966,~~020,049~~714.0424 6.~~993838~~966307% 06050HJX7 2624.~~442640~~428701 2.~~934844~~660925 ~~479~~454.~~283212~~854511 B5 1966,~~019,543~~234.3296 6.~~993838~~966307% 06050HJY5 2624.~~442640~~428701 2.~~934844~~660925 ~~479~~454.~~283212~~854511 B6 1967,~~020,351~~000.3574 6.~~993838~~966307% 06050HJZ2 2624.~~442646~~428670 2.~~934844~~660926 ~~479~~454.~~283312~~854642 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~120~~108,~~757~~277,~~343~~868.8142 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ MORTGAGE PASS-THROUGH CERTIFICATES Series 2002-E Trust Bank of America, NA, as Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 97,387,239.92 97,387,239.92 Loan count 190 190 Avg loan rate 7.216307% 7.22 Prepay amount 10,743,574.82 10,743,574.82 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 0.00 0.00 Sub servicer fees 0.00 0.00 Trustee fees 0.00 0.00 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 87.849107% 100.000000% 94,504,420.25 ----------------------------------------------------------------------------- Junior 12.150893% 0.000000% 13,071,426.05 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 14 8,362,448.86 60 to 89 days 2 1,785,306.97 90 or more 0 0.00 Foreclosure 4 2,517,561.61 Totals: 20 12,665,317.44 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 11,491,774.32 11,491,774.32 Principal remittance amount 10,890,628.08 10,890,628.08 Interest remittance amount 601,146.25 601,146.25

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