8-K 1 boa0207_8k0405.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, 2004 BOA (Depositor) (Issuer in respect of Mortgage Pass-Through Certificates, Series 2002-7) (Exact name of registrant as specified in charter) North Carolina 333-74544-19 61-1430176/0175 (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 2002-7 On May 25, 2004, The Bank of New York, as Trustee for BOA, Mortgage Pass-Through Certificates Series 2002-7, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of July 1, 2002, 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 2002-7 relating to the distribution date of May 25, 2004 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of July 1, 2002. 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, 2004 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 May 25, 2004 Payment Date: 05/25/04 ------------------------------------------------------------ Bank of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates, Series 2002-7 Bank of America, NA, Master 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 1-A-1 40,000,000.00 6.250000% 01,648,105.0015 208,333.33 ~~208~~1,~~333~~856,438.3348 0.00 0.00 1-A-2 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 1-A-3 206,~~238~~171,~~644~~353.3924 6.500000% 56,~~865~~171,~~559~~353.9624 ~~109~~33,~~625~~428.9916 56,~~975~~204,~~185~~781.9540 0.00 0.00 1-A-4 0.00 5.500000% 0.00 0.00 0.00 0.00 0.00 1-A-5 0.00 1.~~640000~~650000% 0.00 0.00 0.00 0.00 0.00 1-A-6 0.00 6.~~860000~~850000% 0.00 0.00 0.00 0.00 0.00 1-A-7 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 1-A-8 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-9 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-10 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-11 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-12 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-13 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-14 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-15 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-16 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-17 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-18 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-19 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-20 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-21 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 1-A-22 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 1-A-23 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 1-A-24 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 1-A-25 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-26 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-27 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-28 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-29 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-30 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00 1-A-31 0.00 7.000000% 0.00 0.00 0.00 0.00 0.00 1-A-32 0.00 6.000000% 0.00 0.00 0.00 0.00 0.00 1-A-33 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 1-A-34 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 1-A-35 0.00 7.250000% 0.00 0.00 0.00 0.00 0.00 1-A-36 0.00 5.750000% 0.00 0.00 0.00 0.00 0.00 1-A-37 1,000,000.00 6.250000% 041,202.0063 5,208.33 546,~~208~~410.3396 0.00 0.00 1-A-38 1,576,923.08 6.500000% 0.00 8,541.67 8,541.67 0.00 0.00 Residual 1-A-R 0.00 6.500000% 0.00 0.0400 0.0400 0.00 0.00 1-A-LR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 1-A-IO 4234,~~084~~056,~~805~~908.6087 0.~~219259~~228165% 0.00 76,~~689~~475.5651 76,~~689~~475.5651 0.00 0.00 2-A-1 1410,~~108~~908,~~799~~078.5540 5.750000% ~~483~~548,~~465~~968.9643 6752,~~604~~267.6688 ~~551~~601,~~070~~236.6231 0.00 0.00 2-A-2 1,~~419~~097,~~664~~599.4145 1.~~640000~~650000% 4855,~~647~~238.6164 1,~~940~~509.2120 5056,~~587~~747.8284 0.00 0.00 2-A-3 1,~~419~~097,~~664~~599.4145 6.~~860000~~850000% 0.00 86,~~115~~265.7546 86,~~115~~265.7546 0.00 0.00 2-A-4 8767,~~845~~916.5894 5.750000% 3,~~010~~418.2004 ~~420~~325.9344 3,~~431~~743.1348 0.00 0.00 2-A-IO 1210,~~243~~942,~~147~~264.2542 0.~~280388~~256599% 0.00 2,~~860~~339.7081 2,~~860~~339.7081 0.00 0.00 1-A-PO ~~448~~405,~~245~~271.1444 0.000000% 1493,~~683~~614.3108 0.00 1493,~~683~~614.3108 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate 1-B-1 4,~~430~~421,~~598~~540.5128 6.500000% 4,~~529~~599.1693 23,~~999~~950.0801 28,~~528~~549.2494 0.00 0.00 1-B-2 3,~~222~~215,~~253~~665.4666 6.500000% 3,~~293~~345.9440 17,~~453~~418.8719 20,~~747~~763.8159 0.00 0.00 1-B-3 1,~~409~~406,~~735~~853.8973 6.500000% 1,~~441~~463.1061 7,~~636~~620.0746 9,~~077~~084.1707 0.00 0.00 1-B-4 ~~604~~602,~~172~~937.5231 6.500000% ~~617~~627.6126 3,~~272~~265.6091 3,~~890~~893.2117 0.00 0.00 1-B-5 ~~402~~401,~~781~~958.6821 6.500000% ~~411~~418.7418 2,~~181~~177.7327 2,~~593~~595.4845 0.00 0.00 1-B-6 1,~~007~~005,~~825~~764.3588 6.500000% 1,~~030~~046.2532 5,~~459~~447.0589 6,~~489~~494.3021 0.00 0.00 2-B-1 ~~588~~584,~~938~~061.4385 6.000000% 2,~~429~~469.9493 2,~~944~~920.6931 5,~~374~~390.6324 0.00 0.00 2-B-2 ~~209~~207,~~669~~933.5441 6.000000% ~~865~~879.0933 1,~~048~~039.3567 1,~~913~~918.4499 0.00 0.00 2-B-3 ~~126~~125,~~733~~684.5920 6.000000% ~~522~~531.9050 ~~633~~628.6742 1,~~156~~159.5792 0.00 0.00 2-B-4 83,~~867~~173.8136 6.000000% ~~346~~351.0473 ~~419~~415.3487 ~~765~~767.3860 0.00 0.00 2-B-5 83,~~867~~173.8136 6.000000% ~~346~~351.0473 ~~419~~415.3487 ~~765~~767.3860 0.00 0.00 2-B-6 8483,~~467~~768.6624 6.000000% ~~348~~354.5123 ~~422~~418.3484 ~~770~~773.8507 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 8971,~~558~~872,~~111~~733.3397 - 68,~~431~~578,~~549~~339.36 ~~486~~390,~~231~~413.3049 68,~~917~~968,~~780~~752.6685 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1-A-1 4038,~~000~~351,~~000~~894.0085 0.00 1-A-2 0.00 0.00 1-A-3 ~~14,373,084~~0.4200 0.00 1-A-4 0.00 0.00 1-A-5 0.00 0.00 1-A-6 0.00 0.00 1-A-7 0.00 0.00 1-A-8 0.00 0.00 1-A-9 0.00 0.00 1-A-10 0.00 0.00 1-A-11 0.00 0.00 1-A-12 0.00 0.00 1-A-13 0.00 0.00 1-A-14 0.00 0.00 1-A-15 0.00 0.00 1-A-16 0.00 0.00 1-A-17 0.00 0.00 1-A-18 0.00 0.00 1-A-19 0.00 0.00 1-A-20 0.00 0.00 1-A-21 0.00 0.00 1-A-22 0.00 0.00 1-A-23 0.00 0.00 1-A-24 0.00 0.00 1-A-25 0.00 0.00 1-A-26 0.00 0.00 1-A-27 0.00 0.00 1-A-28 0.00 0.00 1-A-29 0.00 0.00 1-A-30 0.00 0.00 1-A-31 0.00 0.00 1-A-32 0.00 0.00 1-A-33 0.00 0.00 1-A-34 0.00 0.00 1-A-35 0.00 0.00 1-A-36 0.00 0.00 1-A-37 1958,~~000,000~~797.0037 0.00 1-A-38 1,~~576~~511,~~923~~949.0870 0.00 Residual 1-A-R 0.00 0.00 1-A-LR 0.00 0.00 1-A-IO 3830,~~560~~442,~~639~~409.5135 0.00 2-A-1 1310,~~625~~359,~~333~~109.5997 0.00 2-A-2 1,~~371~~042,~~016~~360.7981 0.00 2-A-3 1,~~371~~042,~~016~~360.7981 0.00 2-A-4 8464,~~835~~498.3890 0.00 2-A-IO 1210,~~193~~343,~~808~~987.0137 0.00 1-A-PO ~~433~~311,~~561~~657.8337 0.00 -------------------------------------------------------------------------------- Subordinate 1-B-1 4,~~426~~416,~~069~~940.35 0.00 1-B-2 3,~~218~~212,~~959~~320.5325 0.00 1-B-3 1,~~408~~405,~~294~~390.7911 0.00 1-B-4 ~~603~~602,~~554~~310.9105 0.00 1-B-5 ~~402~~401,~~369~~540.9403 0.00 1-B-6 1,~~006~~004,~~795~~718.1056 0.00 2-B-1 ~~586~~581,~~508~~591.4992 0.00 2-B-2 ~~208~~207,~~804~~054.4509 0.00 2-B-3 ~~126~~125,~~210~~152.69 0.00 2-B-4 8382,~~521~~821.7863 0.00 2-B-5 8382,~~521~~821.7863 0.00 2-B-6 8483,~~119~~414.1502 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - 8363,~~126~~294,~~561~~394.9761 - --------------------------------------------------------------------------------

Payment Date: 05/25/04 ------------------------------------------------------------ Bank of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates, Series 2002-7 Bank of America, NA, Master 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 1-A-1 40,000,000.00 6.250000% 06050HNS3 041.~~000000~~202629 5.208333 ~~1,000~~958.~~000000~~797371 1-A-2 0.00 6.500000% 06050HNT1 0.000000 0.000000 0.000000 1-A-3 206,~~238~~171,~~644~~353.3924 6.500000% 06050HNU8 ~~268~~282.~~569595~~571119 51.~~019505~~530594 ~~658~~0.~~108261~~000000 1-A-4 0.00 5.500000% 06050HNV6 0.000000 0.000000 0.000000 1-A-5 0.00 1.~~640000~~650000% 06050HNW4 0.000000 0.000000 0.000000 1-A-6 0.00 6.~~860000~~850000% 06050HNX2 0.000000 0.000000 0.000000 1-A-7 0.00 7.250000% 06050HNY0 0.000000 0.000000 0.000000 1-A-8 0.00 6.250000% 06050HNZ7 0.000000 0.000000 0.000000 1-A-9 0.00 6.250000% 06050HPA0 0.000000 0.000000 0.000000 1-A-10 0.00 6.250000% 06050HPB8 0.000000 0.000000 0.000000 1-A-11 0.00 6.250000% 06050HPC6 0.000000 0.000000 0.000000 1-A-12 0.00 6.250000% 06050HPD4 0.000000 0.000000 0.000000 1-A-13 0.00 6.250000% 06050HPE2 0.000000 0.000000 0.000000 1-A-14 0.00 6.250000% 06050HPF9 0.000000 0.000000 0.000000 1-A-15 0.00 6.250000% 06050HPG7 0.000000 0.000000 0.000000 1-A-16 0.00 6.250000% 06050HPH5 0.000000 0.000000 0.000000 1-A-17 0.00 6.250000% 06050HPJ1 0.000000 0.000000 0.000000 1-A-18 0.00 6.250000% 06050HPK8 0.000000 0.000000 0.000000 1-A-19 0.00 6.250000% 06050HPL6 0.000000 0.000000 0.000000 1-A-20 0.00 6.250000% 06050HPM4 0.000000 0.000000 0.000000 1-A-21 0.00 6.500000% 06050HPN2 0.000000 0.000000 0.000000 1-A-22 0.00 6.500000% 06050HPP7 0.000000 0.000000 0.000000 1-A-23 0.00 6.500000% 06050HPQ5 0.000000 0.000000 0.000000 1-A-24 0.00 6.500000% 06050HPR3 0.000000 0.000000 0.000000 1-A-25 0.00 6.250000% 06050HPS1 0.000000 0.000000 0.000000 1-A-26 0.00 6.250000% 06050HPT9 0.000000 0.000000 0.000000 1-A-27 0.00 6.250000% 06050HPU6 0.000000 0.000000 0.000000 1-A-28 0.00 6.250000% 06050HPV4 0.000000 0.000000 0.000000 1-A-29 0.00 6.250000% 06050HPW2 0.000000 0.000000 0.000000 1-A-30 0.00 6.250000% 06050HPX0 0.000000 0.000000 0.000000 1-A-31 0.00 7.000000% 06050HPY8 0.000000 0.000000 0.000000 1-A-32 0.00 6.000000% 06050HPZ5 0.000000 0.000000 0.000000 1-A-33 0.00 6.500000% 06050HQA9 0.000000 0.000000 0.000000 1-A-34 0.00 6.500000% 06050HQB7 0.000000 0.000000 0.000000 1-A-35 0.00 7.250000% 06050HQC5 0.000000 0.000000 0.000000 1-A-36 0.00 5.750000% 06050HQD3 0.000000 0.000000 0.000000 1-A-37 1,000,000.00 6.250000% 06050HQE1 041.~~000000~~202629 5.208333 ~~1,000~~958.~~000000~~797371 1-A-38 1,576,923.08 6.500000% 06050HQF8 0.000000 5.416667 ~~1,000~~958.~~000049~~797418 Residual 1-A-R 0.00 6.500000% 06050HQG6 0.000000 0.~~752193~~000000 0.000000 1-A-LR 0.00 6.500000% 06050HQH4 0.000000 0.000000 0.000000 1-A-IO 4234,~~084~~056,~~805~~908.6087 0.~~219259~~228165% 06050HQJ0 0.000000 0.~~030084~~025334 ~~150~~119.~~861368~~100294 2-A-1 1410,~~108~~908,~~799~~078.5540 5.750000% 06050HQK7 6.~~020406~~836082 0.~~841854~~650871 ~~169~~128.~~670763~~997803 2-A-2 1,~~419~~097,~~664~~599.4145 1.~~640000~~650000% 06050HQL5 6.~~020406~~836082 0.~~240111~~186772 ~~169~~128.~~670763~~997803 2-A-3 1,~~419~~097,~~664~~599.4145 6.~~860000~~850000% 06050HQM3 0.000000 10.~~004368~~775385 ~~169~~128.~~670763~~997803 2-A-4 8767,~~845~~916.5894 5.750000% 06050HQN1 6.~~020406~~836082 0.~~841854~~650871 ~~169~~128.~~670763~~997803 2-A-IO 1210,~~243~~942,~~147~~264.2542 0.~~280388~~256599% 06050HQP6 0.000000 0.~~039229~~032086 ~~167~~141.~~213339~~846802 1-A-PO ~~448~~405,~~245~~271.1444 0.000000% 06050HQQ4 1171.~~186392~~319323 0.000000 ~~330~~237.~~306482~~434298 ------------------------------------------------------------------------------------------------------------------------ Subordinate 1-B-1 4,~~430~~421,~~598~~540.5128 6.500000% 06050HQR2 1.~~004249~~019940 5.~~321303~~310423 ~~981~~979.~~390100~~365931 1-B-2 3,~~222~~215,~~253~~665.4666 6.500000% 06050HQS0 1.~~004249~~019940 5.~~321303~~310423 ~~981~~979.~~390100~~365931 1-B-3 1,~~409~~406,~~735~~853.8973 6.500000% 06050HQT8 1.~~004249~~019940 5.~~321303~~310423 ~~981~~979.~~390100~~365931 1-B-4 ~~604~~602,~~172~~937.5231 6.500000% 06050HRJ9 1.~~004249~~019940 5.~~321303~~310423 ~~981~~979.~~390100~~365931 1-B-5 ~~402~~401,~~781~~958.6821 6.500000% 06050HRK6 1.~~004249~~019940 5.~~321303~~310423 ~~981~~979.~~390100~~365931 1-B-6 1,~~007~~005,~~825~~764.3588 6.500000% 06050HRL4 1.~~004249~~019918 5.~~321305~~310425 ~~981~~979.~~390466~~366319 2-B-1 ~~588~~584,~~938~~061.4385 6.000000% 06050HQU5 3.~~844846~~908113 4.~~659323~~620742 ~~928~~920.~~019762~~240387 2-B-2 ~~209~~207,~~669~~933.5441 6.000000% 06050HQV3 3.~~844846~~908113 4.~~659323~~620742 ~~928~~920.~~019762~~240387 2-B-3 ~~126~~125,~~733~~684.5920 6.000000% 06050HQW1 3.~~844846~~908113 4.~~659323~~620742 ~~928~~920.~~019762~~240387 2-B-4 83,~~867~~173.8136 6.000000% 06050HRM2 3.~~844846~~908113 4.~~659323~~620742 ~~928~~920.~~019762~~240387 2-B-5 83,~~867~~173.8136 6.000000% 06050HRN0 3.~~844846~~908113 4.~~659323~~620742 ~~928~~920.~~019762~~240387 2-B-6 8483,~~467~~768.6624 6.000000% 06050HRP5 3.~~844859~~907904 4.~~659339~~620758 ~~928~~920.~~022875~~243695 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - 8971,~~558~~872,~~111~~733.3397 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ Bank of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates, Series 2002-7 Bank of America, NA, Master Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 50,651,271.41 12,643,122.41 63,294,393.82 Loan count 117 29 146 Avg loan rate 6.842218% 6.458314% 6.77 Prepay amount 7,904,715.49 556,568.67 8,461,284.16 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 996.81 1,963.38 2,960.20 Sub servicer fees 0.00 0.00 0.00 Trustee fees 146.54 33.14 179.68 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Coverage Amounts Total ---------------- ----- Bankruptcy 0.00 0.00 0.00 Fraud 0.00 0.00 0.00 Special Hazard 0.00 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 83.013214% 100.000000% 59,650,219.48 ----------------------------------------------------------------------------- Junior 16.986786% 0.000000% 12,206,075.34 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 0 0.00 60 to 89 days 2 704,013.68 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 2 704,013.68 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 8,968,752.85 8,968,752.85 Principal remittance amount 8,578,339.36 8,578,339.36 Interest remittance amount 390,413.49 390,413.49

Filing Compare · BANK OF AMERICA MORT SEC INC MORT PASS THR CERT SER 2002-7