-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ADjkLv+jBrwX+Hol1PhjZGhokEMTA9LiYbYVpp02V279IAEqYR97DrTzkZm6TQ/E zldJr10+i4Bhfa/RDsKM3Q== 0001071787-03-000793.txt : 20030702 0001071787-03-000793.hdr.sgml : 20030702 20030702112934 ACCESSION NUMBER: 0001071787-03-000793 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030625 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF AMERICA 1999-10 CENTRAL INDEX KEY: 0001102778 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 134078651 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-63714-A4 FILM NUMBER: 03770190 BUSINESS ADDRESS: STREET 1: 100 N TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 BUSINESS PHONE: 7043885770 MAIL ADDRESS: STREET 1: 100 N TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 8-K 1 boa9910_8k0306.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 25, 2003 BOA (Depositor) (Issuer in respect of MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-10 Trust) (Exact name of registrant as specified in charter) North Carolina 333-67267-08 13-4078651 (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 1999-10 Trust On June 25, 2003, The Bank of New York, as Trustee for BOA, MORTGAGE PASS-THROUGH CERTIFICATES Series 1999-10 Trust, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of August 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 1999-10 Trust relating to the distribution date of June 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of August 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: June 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 June 25, 2003 Payment Date: 06/25/03 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-10 Trust Bank of America, N.A., 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 27,668,541.65 6.500000% 5,824,041.18 148,634.11 5,972,675.29 0.00 1,237.16 APO 226,859.89 0.000000% 49,308.36 0.00 49,308.36 0.00 0.00 Residual AR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 1,362,028.79 6.500000% 7,895.86 7,316.75 15,212.61 0.00 60.90 B2 433,935.28 6.500000% 2,515.58 2,331.08 4,846.66 0.00 19.40 B3 433,935.28 6.500000% 2,515.58 2,331.08 4,846.66 0.00 19.40 B4 248,316.58 6.500000% 1,439.52 1,333.95 2,773.47 0.00 11.10 B5 124,570.77 6.500000% 722.15 669.19 1,391.34 0.00 5.57 B6 186,344.21 6.500000% 1,080.26 1,001.03 2,081.29 0.00 8.33 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 30,684,532.45 - 5,889,518.50 163,617.19 6,053,135.69 - 1,361.87 - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior A1 21,844,500.46 1,237.16 APO 177,551.53 0.00 Residual AR 0.00 0.00 - -------------------------------------------------------------------------------- Subordinate B1 1,354,132.94 60.90 B2 431,419.70 19.40 B3 431,419.70 19.40 B4 246,877.05 11.10 B5 123,848.62 5.57 B6 185,263.95 8.33 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 24,795,013.95 1,361.87 - --------------------------------------------------------------------------------
Payment Date: 06/25/03 ------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-10 Trust Bank of America, N.A., 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 27,668,541.65 6.500000% 060506JG8 39.924875 1.018914 149.748075 APO 226,859.89 0.000000% 060506JH6 64.858135 0.000000 233.543768 Residual AR 0.00 6.500000% 060506JJ2 0.000000 0.000000 0.000000 - ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 1,362,028.79 6.500000% 060506JK9 4.782470 4.431711 820.189543 B2 433,935.28 6.500000% 060506JL7 4.782470 4.431711 820.189543 B3 433,935.28 6.500000% 060506JM5 4.782470 4.431711 820.189543 B4 248,316.58 6.500000% 060506JN3 4.782470 4.431711 820.189543 B5 124,570.77 6.500000% 060506JP8 4.782470 4.431711 820.189543 B6 186,344.21 6.500000% 060506JQ6 4.782470 4.431711 820.189543 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 30,684,532.45 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ BANK OF AMERICA MORTGAGE SECURITIES, INC. MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-10 Trust Bank of America, N.A., Servicer ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- Prin balance 24,795,013.13 24,795,013.13 Loan count 88 88 Avg loan rate 6.833031% 6.83 Prepay amount 5,711,536.16 5,711,536.16 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- Master serv fees 1,875.04 1,875.04 Sub servicer fees 0.00 0.00 Trustee fees 115.07 115.07 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 1,500,162.29 1,500,162.29 Special Hazard 1,126,012.86 1,126,012.86 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 90.958233% 100.000000% 27,895,401.54 ----------------------------------------------------------------------------- Junior 9.041767% 0.000000% 2,772,961.95 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 1 265,757.56 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 1 265,757.56 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 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 6,053,135.69 6,053,135.69 Principal remittance amount 5,889,518.50 5,889,518.50 Interest remittance amount 163,617.19 163,617.19 -----END PRIVACY-ENHANCED MESSAGE-----