8-K 1 boa02k_8k0406.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): June 20, 2004 BOA (Depositor) (Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-K Trust) (Exact name of registrant as specified in charter) North Carolina 333-97547-05 61-1430151/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 2002-K Trust On June 20, 2004, The Bank of New York, as Trustee for BOA, MORTGAGE PASS-THROUGH CERTIFICATES Series 2002-K Trust, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of September 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-K Trust relating to the distribution date of June 20, 2004 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of September 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: June 20, 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 June 20, 2004 Payment Date: 06/20/04 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-K 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 4943,~~113~~378,~~897~~563.28 6.~~447606~~453055% 54,~~735~~911,~~334~~382.0089 ~~263~~233,~~889~~270.23 5,~~999~~144,~~223~~653.2211 0.00 0.00 A2 1,~~320~~166,~~266~~090.0641 6.000000% ~~154~~132,~~175~~026.6542 65,~~601~~830.3345 ~~160~~137,~~776~~856.9887 0.00 0.00 A3 3,~~784~~342,~~762~~792.6951 3.500000% ~~441~~378,~~970~~475.1874 119,~~038~~749.8981 ~~453~~388,~~009~~225.0755 0.00 0.00 A4 2926,~~974~~474,~~528~~217.3703 5.000000% 32,~~500~~997,~~311~~448.3466 ~~124~~110,~~893~~309.8724 3,~~625~~107,~~205~~757.2190 0.00 0.00 A5 65,~~601~~830,~~330~~452.2805 4.500000% ~~770~~660,~~878~~132.2311 2421,~~754~~864.9920 ~~795~~681,~~633~~996.2130 0.00 0.00 A6 2219,~~004,~~434,840.2618 4.200000% 2,~~569~~200,~~594~~440.0836 7768,~~015~~021.5294 2,~~646~~268,~~609~~462.6030 0.00 0.00 A7 7264,~~614~~134.6397 4.500000% 87,~~479~~261.6645 ~~272~~240.3051 87,~~751~~501.9796 0.00 0.00 AIO 6356,~~757~~312,~~936~~527.3016 1.~~844379~~849828% 0.00 9786,~~994~~807.8207 9786,~~994~~807.8207 0.00 0.00 Residual AR 0.00 6.~~447606~~453055% 0.00 0.0103 0.0103 0.00 0.00 AMR 0.00 6.~~447606~~453055% 0.00 0.00 0.00 0.00 0.00 ALR 0.00 6.~~447606~~453055% 0.00 0.00 0.00 0.00 0.00 2A1 7666,~~331~~664,~~235~~918.4471 5.~~672463~~667560% 94,~~666~~419,~~316~~258.7332 ~~360~~314,~~821~~856.7720 104,~~027~~734,~~138~~114.5053 0.00 0.00 2A2 32,~~053~~666,~~221~~572.3523 5.~~672463~~667560% ~~386~~176,~~649~~768.1171 1412,~~432~~594.7413 ~~401~~189,~~081~~362.8584 0.00 0.00 3A1 9,~~763~~414,~~205~~817.9908 7.~~558367~~603029% ~~348~~22,~~388~~637.9160 6159,~~494~~650.9194 ~~409~~82,~~883~~288.8254 0.00 0.00 4A1 1817,~~824~~240,~~377~~265.44 4.698000% 1,~~584~~596,~~111~~368.9943 7367,~~697~~495.4464 1,~~657~~663,~~809~~864.4307 0.00 0.00 4IO 1817,~~824~~240,~~377~~265.44 0.~~592298~~558149% 0.00 98,~~291~~018.3687 98,~~291~~018.3687 0.00 0.00 BIO 0.00 0.000000% 0.00 1312,~~210~~478.0557 1312,~~210~~478.0557 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 98,~~324~~808,~~742~~402.0257 4.~~526325~~530302% ~~516~~409,~~339~~420.4689 3533,~~172~~253.3493 ~~551~~442,~~511~~674.8082 0.00 0.00 B2 3,~~925~~708,~~621~~248.8719 6.~~226325~~230302% ~~217~~172,~~373~~362.6804 2019,~~368~~252.5092 ~~237~~191,~~742~~614.1797 0.00 0.00 B3 1,~~962~~854,~~810~~124.9309 6.~~226325~~230302% ~~108~~86,~~686~~181.8402 109,~~184~~626.2546 ~~118~~95,~~871~~807.0948 0.00 0.00 B4 ~~981~~927,~~658~~300.2180 6.~~226325~~230302% 5443,~~357~~101.4161 54,~~093~~814.4447 5947,~~450~~916.8508 0.00 0.00 B5 ~~981~~926,~~152~~823.7230 6.~~226325~~230302% 5443,~~329~~079.4241 54,~~090~~811.8199 5947,~~420~~891.2440 0.00 0.00 B6 1,~~472~~391,~~635~~091.9156 6.~~226325~~230302% 8164,~~544~~658.3594 7,~~640~~222.9243 8971,~~185~~881.2737 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~239~~213,~~492~~293,~~495~~654.4642 - 2618,~~198~~321,~~841~~004.0461 1,~~222~~090,~~959~~170.5004 2719,~~421~~411,~~800~~174.5465 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 4338,~~378~~467,~~563~~180.2840 0.00 A2 1,~~166~~034,~~090~~063.4199 0.00 A3 32,~~342~~964,~~792~~316.5177 0.00 A4 2623,~~474~~476,~~217~~768.0337 0.00 A5 5,~~830~~170,~~452~~319.0595 0.00 A6 1917,~~434~~234,~~840~~399.1882 0.00 A7 6456,~~134~~873.9752 0.00 AIO 5649,~~312~~936,~~527~~742.1641 0.00 Residual AR 0.00 0.00 AMR 0.00 0.00 ALR 0.00 0.00 2A1 6662,~~664~~245,~~918~~660.7139 0.00 2A2 2,~~666~~489,~~572~~803.2352 0.00 3A1 9,~~414~~392,~~817~~179.0848 0.00 4A1 1715,~~240~~643,~~265~~897.4401 0.00 4IO 1715,~~240~~643,~~265~~897.4401 0.00 BIO 0.00 0.00 -------------------------------------------------------------------------------- Subordinate B1 8,~~808~~398,~~402~~981.5768 0.00 B2 3,~~708~~535,~~248~~886.1914 0.00 B3 1,~~854~~767,~~124~~943.0907 0.00 B4 ~~927~~884,~~300~~199.8019 0.00 B5 ~~926~~883,~~823~~743.3088 0.00 B6 1,~~391~~326,~~091~~432.5662 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~213~~194,~~293~~972,~~654~~649.4281 - --------------------------------------------------------------------------------

Payment Date: 06/20/04 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-K 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 4943,~~113~~378,~~897~~563.28 6.~~447606~~453055% 06050HXK9 108.~~278376~~801761 0.~~472920~~418047 7768.~~739361~~937599 A2 1,~~320~~166,~~266~~090.0641 6.000000% 06050HXL7 108.~~278376~~801761 0.~~440089~~388697 7768.~~739361~~937599 A3 3,~~784~~342,~~762~~792.6951 3.500000% 06050HXM5 108.~~278376~~801761 0.~~256718~~226740 7768.~~739361~~937599 A4 2926,~~974~~474,~~528~~217.3703 5.000000% 06050HXN3 108.~~278376~~801761 0.~~366741~~323914 7768.~~739361~~937599 A5 65,~~601~~830,~~330~~452.2805 4.500000% 06050HXP8 108.~~278376~~801761 0.~~330067~~291523 7768.~~739361~~937599 A6 2219,~~004,~~434,840.2618 4.200000% 06050HXQ6 108.~~278376~~801761 0.~~308062~~272088 7768.~~739361~~937599 A7 7264,~~614~~134.6397 4.500000% 06050HXR4 108.~~278376~~801761 0.~~330067~~291523 7768.~~739361~~937599 AIO 6356,~~757~~312,~~936~~527.3016 1.~~844379~~849828% 06050HXS2 0.000000 0.~~135282~~119837 7768.~~739361~~937599 Residual AR 0.00 6.~~447606~~453055% 06050HXT0 0.000000 0.~~230399~~629186 0.000000 AMR 0.00 6.~~447606~~453055% 06050HXU7 0.000000 0.000000 0.000000 ALR 0.00 6.~~447606~~453055% 06050HXV5 0.000000 0.000000 0.000000 2A1 7666,~~331~~664,~~235~~918.4471 5.~~672463~~667560% 06050HXW3 2210.~~217383~~157370 0.~~829325~~723676 ~~153~~143.~~224860~~067490 2A2 32,~~053~~666,~~221~~572.3523 5.~~672463~~667560% 06050HXX1 2210.~~217383~~157370 0.~~829325~~723676 ~~153~~143.~~224860~~067490 3A1 9,~~763~~414,~~205~~817.9908 7.~~558367~~603029% 06050HXY9 40.~~846273~~314901 0.~~855427~~829776 130.~~965072~~650171 4A1 1817,~~824~~240,~~377~~265.44 4.698000% 06050HXZ6 16.~~181415~~306612 0.~~752806~~689456 ~~176~~159.~~106167~~799555 4IO 1817,~~824~~240,~~377~~265.44 0.~~592298~~558149% 06050HYA0 0.000000 0.~~094910~~081911 ~~176~~159.~~106167~~799555 BIO 0.00 0.000000% 06050HYB8 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 98,~~324~~808,~~742~~402.0257 4.~~526325~~530302% 06050HYC6 2722.~~990430~~194443 1.~~906670~~802674 ~~477~~455.~~497835~~303392 B2 3,~~925~~708,~~621~~248.8719 6.~~226325~~230302% 06050HYD4 2722.~~990430~~194443 2.~~622778~~479130 ~~477~~455.~~497835~~303392 B3 1,~~962~~854,~~810~~124.9309 6.~~226325~~230302% 06050HYE2 2722.~~990430~~194443 2.~~622778~~479130 ~~477~~455.~~497835~~303392 B4 ~~981~~927,~~658~~300.2180 6.~~226325~~230302% 06050HYF9 2722.~~990430~~194443 2.~~622778~~479130 ~~477~~455.~~497835~~303392 B5 ~~981~~926,~~152~~823.7230 6.~~226325~~230302% 06050HYG7 2722.~~990430~~194443 2.~~622778~~479130 ~~477~~455.~~497835~~303392 B6 1,~~472~~391,~~635~~091.9156 6.~~226325~~230302% 06050HYH5 2722.~~990446~~194456 2.~~622780~~479131 ~~477~~455.~~498119~~303663 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~239~~213,~~492~~293,~~495~~654.4642 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 2002-K Trust Bank of America, NA, as Servicer ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 99,268,319.13 68,928,600.96 10,083,281.43 Loan count 222 164 19 Avg loan rate 6.703055% 5.917560% 7.853029% Prepay amount 11,729,616.79 4,638,263.21 5,771.71 Total ----- Prin balance 16,692,446.96 194,972,648.48 Loan count 34 439 Avg loan rate 5.631149% 6.39 Prepay amount 1,621,967.02 17,995,618.73 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 23,162.59 15,347.29 2,105.70 Sub servicer fees 0.00 0.00 0.00 Trustee fees 0.00 0.00 0.00 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 Total ----- Master serv fees 5,730.89 46,346.48 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 -------------------------------------------------------------------------------- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Total ----- Realized losses 0.00 0.00 Cumulative losses 0.00 0.00 Coverage Amounts ---------------- Bankruptcy 0.00 0.00 0.00 Fraud 0.00 0.00 0.00 Special Hazard 0.00 0.00 0.00 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 92.094506% 100.000000% 195,677,663.91 ----------------------------------------------------------------------------- Junior 7.905494% 0.000000% 16,797,186.59 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 3 1,531,890.00 60 to 89 days 0 0.00 90 or more 1 472,563.82 Foreclosure 1 530,648.82 Totals: 5 2,535,102.64 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 19,411,174.65 19,411,174.65 Principal remittance amount 18,321,004.61 18,321,004.61 Interest remittance amount 1,090,170.04 1,090,170.04

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