BANK OF AMERICA MORTGAGE SECURITIES INC
8-K, EX-99.1466, 2000-11-09
ASSET-BACKED SECURITIES
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                             Payment Date: 04/25/00


          ------------------------------------------------------------
                          BA MORTGAGE SECURITIES, INC.
               Mortgage Pass-Through Certificates, Series 1998-7
                     BANK OF AMERICA, FSB, MASTER SERVICER
          ------------------------------------------------------------
<TABLE>
<CAPTION>

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
----------------------------------------------------------------------------------------------------------------------------------
<S>        <C>          <C>      <C>             <C>           <C>             <C>           <C>             <C>        <C>
Senior                  A-1        62,659,483.91    6.250000%       683,747.85    326,351.48    1,010,099.33       0.00       0.00
                        A-2       144,601,629.21    6.250000%     1,306,962.69    753,133.49    2,060,096.17       0.00       0.00
                        A-3        53,057,628.74    6.250000%       374,300.84    276,341.82      650,642.66       0.00       0.00
                        A-4        20,013,200.73    6.250000%       286,140.18    104,235.42      390,375.60       0.00       0.00
                        A-5        12,990,000.00    6.250000%             0.00     67,656.25       67,656.25       0.00       0.00
                        A-6        17,177,000.00    6.250000%             0.00     89,463.54       89,463.54       0.00       0.00
                        A-7        40,000,000.00    6.250000%             0.00    208,333.33      208,333.33       0.00       0.00
Residual                R                   0.00    6.250000%             0.00          0.00            0.00       0.00       0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate             B-1         7,712,961.39    6.250000%         7,381.90     40,171.67       47,553.57       0.00       0.00
                        B-2         3,362,033.47    6.250000%         3,217.73     17,510.59       20,728.32       0.00       0.00
                        B-3         1,582,133.81    6.250000%         1,514.22      8,240.28        9,754.50       0.00       0.00
                        B-4         1,384,366.96    6.250000%         1,324.95      7,210.24        8,535.19       0.00       0.00
                        B-5           791,067.40    6.250000%           757.11      4,120.14        4,877.26       0.00       0.00
                        B-6           988,833.30    6.250000%           946.39      5,150.17        6,096.56       0.00       0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals          -        -        366,320,338.91     -            2,666,293.86  1,907,918.43    4,574,212.29     -          -
----------------------------------------------------------------------------------------------------------------------------------
Class Information

--------------------------------------------------------------------------------
                                             Ending Cert.          Unpaid
Type             Class Code     Name         Notional Bal.         Interest
--------------------------------------------------------------------------------
Senior                          A-1        61,975,736.06              0.00
                                A-2       143,294,666.52              0.00
                                A-3        52,683,327.90              0.00
                                A-4        19,727,060.55              0.00
                                A-5        12,990,000.00              0.00
                                A-6        17,177,000.00              0.00
                                A-7        40,000,000.00              0.00
Residual                        R                   0.00              0.00
--------------------------------------------------------------------------------
Subordinate                     B-1         7,705,579.49              0.00
                                B-2         3,358,815.75              0.00
                                B-3         1,580,619.58              0.00
                                B-4         1,383,042.01              0.00
                                B-5           790,310.28              0.00
                                B-6           987,886.91              0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals            -              -        363,654,045.05     -
--------------------------------------------------------------------------------

</TABLE>
<PAGE>
                             Payment Date: 04/25/00


          ------------------------------------------------------------
                          BA MORTGAGE SECURITIES, INC.
               Mortgage Pass-Through Certificates, Series 1998-7
                     BANK OF AMERICA, FSB, MASTER SERVICER
          ------------------------------------------------------------
<TABLE>
<CAPTION>

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.
------------------------------------------------------------------------------------------------------------------------
<S>         <C>           <C>    <C>               <C>        <C>         <C>           <C>         <C>
------------------------------------------------------------------------------------------------------------------------
Senior                     A-1    62,659,483.91     6.250000% 055240LQ6     9.562907      4.564356    866.793511
                           A-2   144,601,629.21     6.250000% 055240LR4     8.092648      4.663365    887.273477
                           A-3    53,057,628.74     6.250000% 055240LS2     6.611921      4.881502    930.636423
                           A-4    20,013,200.73     6.250000% 055240LT0    11.445607      4.169417    789.082422
                           A-5    12,990,000.00     6.250000% 055240LU7     0.000000      5.208333  1,000.000000
                           A-6    17,177,000.00     6.250000% 055240LV5     0.000000      5.208333  1,000.000000
                           A-7    40,000,000.00     6.250000% 055240LW3     0.000000      5.208333  1,000.000000
Residual                   R               0.00     6.250000% 055240MA0     0.000000      0.000000      0.000000
------------------------------------------------------------------------------------------------------------------------
Subordinate                B-1     7,712,961.39     6.250000% 055240LX1     0.944478      5.139770    985.891425
                           B-2     3,362,033.47     6.250000% 055240LY9     0.944478      5.139770    985.891425
                           B-3     1,582,133.81     6.250000% 055240LZ6     0.944478      5.139770    985.891425
                           B-4     1,384,366.96     6.250000% 055240MB8     0.944478      5.139770    985.891425
                           B-5       791,067.40     6.250000% 055240MC6     0.944478      5.139770    985.891425
                           B-6       988,833.30     6.250000% 055240MD4     0.944478      5.139770    985.891425
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals       -             -     366,320,338.91       -            -           -             -           -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>


<PAGE>

          ------------------------------------------------------------
                          BA MORTGAGE SECURITIES, INC.
               Mortgage Pass-Through Certificates, Series 1998-7
                     BANK OF AMERICA, FSB, MASTER SERVICER
          ------------------------------------------------------------

--------------------------------------------------------------------------------
                             COLLATERAL INFORMATION
--------------------------------------------------------------------------------
                                           Total
                                           -----
Prin balance       363,654,087.45   363,654,087.45
Loan count                   1102             1102
Avg loan rate           7.142164%             7.14
Prepay amount        2,315,696.97     2,315,696.97

--------------------------------------------------------------------------------
                                FEES AND ADVANCES
--------------------------------------------------------------------------------
                                           Total
                                           -----
Master serv fees       267,550.43       267,550.43
Sub servicer fees            0.00             0.00
Trustee fees             1,373.70         1,373.70


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       3,663,203.81     3,663,203.81


                         Aggregate Certificate Information
   -----------------------------------------------------------------------------
   Class            Aggregate           Aggregate                     Aggregate
   Type            Percentage           Prepay Pct.              End Cert. Bal.
   -----------------------------------------------------------------------------
   Senior           95.684950%           100.000000%            350,498,942.59
   -----------------------------------------------------------------------------
   Junior            4.315050%             0.000000%             15,806,254.02
   -----------------------------------------------------------------------------

--------------------------------------------------------------------------------
                          DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period                             Loan Count    Ending Stated Balance
------                             ----------    ---------------------
30 to 59 days                           1                   376,003.48
60 to 89 days                           0                         0.00
90 or more                              2                   520,906.60
Foreclosure                             0                         0.00

Totals:                                 3                   896,910.08
--------------------------------------------------------------------------------


<PAGE>
--------------------------------------------------------------------------------
                                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



<PAGE>
--------------------------------------------------------------------------------
                               OTHER INFORMATION
--------------------------------------------------------------------------------
                                  Amount/Withdrawal     Total/Ending Bal.
                                  -----------------     -----------------
Available remittance amount            4,574,212.29          4,574,212.29
Principal remittance amount            2,666,293.86          2,666,293.86
Interest remittance amount             1,907,918.43          1,907,918.43





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