Payment Date: 04/25/00
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-7
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 68,488,827.00 6.500000% 497,221.94 370,981.15 868,203.09 0.00 0.00
A-2 13,926,948.93 6.500000% 201,781.25 75,437.64 277,218.89 0.00 0.00
A-3 104,196,904.77 6.500000% 745,237.89 564,399.90 1,309,637.79 0.00 0.00
A-4 19,467,091.14 6.500000% 100,209.71 105,446.74 205,656.45 0.00 0.00
A-5 4,459,000.00 7.000000% 0.00 26,010.83 26,010.83 0.00 0.00
A-6 3,776,000.00 7.000000% 0.00 22,026.67 22,026.67 0.00 0.00
A-7 2,650,000.00 7.000000% 0.00 15,458.33 15,458.33 0.00 0.00
A-8 2,309,000.00 7.000000% 0.00 13,469.17 13,469.17 0.00 0.00
A-9 1,823,000.00 7.000000% 0.00 10,634.17 10,634.17 0.00 0.00
A-10 1,551,000.00 7.000000% 0.00 9,047.50 9,047.50 0.00 0.00
A-11 1,245,000.00 7.000000% 0.00 7,262.50 7,262.50 0.00 0.00
A-12 808,000.00 7.000000% 0.00 4,713.33 4,713.33 0.00 0.00
A-13 1,363,000.00 7.000000% 0.00 7,950.83 7,950.83 0.00 0.00
A-14 553,929.00 7.000000% 0.00 3,231.25 3,231.25 0.00 0.00
A-15 2,090,000.00 7.000000% 0.00 12,191.67 12,191.67 0.00 0.00
A-16 1,665,000.00 8.000000% 0.00 11,100.00 11,100.00 0.00 0.00
A-17 1,053,000.00 7.250000% 0.00 6,361.88 6,361.88 0.00 0.00
A-18 1,776,000.00 7.250000% 0.00 10,730.00 10,730.00 0.00 0.00
A-19 13,867,000.00 6.500000% 0.00 75,112.92 75,112.92 0.00 0.00
A-20 120,462,148.78 6.500000% 853,317.54 652,503.31 1,505,820.84 0.00 0.00
A-21 19,401,000.00 6.500000% 0.00 105,088.75 105,088.75 0.00 0.00
A-22 4,088,006.00 0.000000% 0.00 0.00 0.00 0.00 0.00
A-23 10,373,962.00 6.500000% 0.00 56,192.29 56,192.29 0.00 0.00
A-24 48,000,000.00 6.500000% 0.00 260,000.00 260,000.00 0.00 0.00
A25 16,405,103.00 7.250000% 0.00 99,114.16 99,114.16 0.00 0.00
A-PO 201,487.55 0.000000% 206.80 0.00 206.80 0.00 0.00
Residual A-R 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 11,910,082.04 6.500000% 10,507.28 64,512.94 75,020.23 0.00 0.00
B-2 3,722,582.93 6.500000% 3,284.13 20,163.99 23,448.12 0.00 0.00
B-3 1,737,734.66 6.500000% 1,533.06 9,412.73 10,945.79 0.00 0.00
B-4 1,737,734.66 6.500000% 1,533.06 9,412.73 10,945.79 0.00 0.00
B-5 993,416.56 6.500000% 876.41 5,381.01 6,257.42 0.00 0.00
B-6 993,512.06 6.500000% 876.49 5,381.52 6,258.02 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 487,095,471.07 - 2,416,585.56 2,638,729.91 5,055,315.47 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior A-1 67,991,605.06 0.00
A-2 13,725,167.67 0.00
A-3 103,451,666.88 0.00
A-4 19,366,881.43 0.00
A-5 4,459,000.00 0.00
A-6 3,776,000.00 0.00
A-7 2,650,000.00 0.00
A-8 2,309,000.00 0.00
A-9 1,823,000.00 0.00
A-10 1,551,000.00 0.00
A-11 1,245,000.00 0.00
A-12 808,000.00 0.00
A-13 1,363,000.00 0.00
A-14 553,929.00 0.00
A-15 2,090,000.00 0.00
A-16 1,665,000.00 0.00
A-17 1,053,000.00 0.00
A-18 1,776,000.00 0.00
A-19 13,867,000.00 0.00
A-20 119,608,831.25 0.00
A-21 19,401,000.00 0.00
A-22 4,088,006.00 0.00
A-23 10,373,962.00 0.00
A-24 48,000,000.00 0.00
A25 16,405,103.00 0.00
A-PO 201,280.75 0.00
Residual A-R 0.00 0.00
--------------------------------------------------------------------------------
Subordinate B-1 11,899,574.75 0.00
B-2 3,719,298.80 0.00
B-3 1,736,201.60 0.00
B-4 1,736,201.60 0.00
B-5 992,540.15 0.00
B-6 992,635.57 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 484,678,885.51 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 04/25/00
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-7
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 68,488,827.00 6.500000% 060506FM9 6.990032 5.215317 955.837727
A-2 13,926,948.93 6.500000% 060506FN7 13.452083 5.029176 915.011178
A-3 104,196,904.77 6.500000% 060506FP2 6.890143 5.218194 956.468814
A-4 19,467,091.14 6.500000% 060506FQ0 5.010485 5.272337 968.344072
A-5 4,459,000.00 7.000000% 060506FR8 0.000000 5.833333 1,000.000000
A-6 3,776,000.00 7.000000% 060506FS6 0.000000 5.833333 1,000.000000
A-7 2,650,000.00 7.000000% 060506FT4 0.000000 5.833333 1,000.000000
A-8 2,309,000.00 7.000000% 060506FU1 0.000000 5.833333 1,000.000000
A-9 1,823,000.00 7.000000% 060506FV9 0.000000 5.833333 1,000.000000
A-10 1,551,000.00 7.000000% 060506FW7 0.000000 5.833333 1,000.000000
A-11 1,245,000.00 7.000000% 060506FX5 0.000000 5.833333 1,000.000000
A-12 808,000.00 7.000000% 060506GS5 0.000000 5.833333 1,000.000000
A-13 1,363,000.00 7.000000% 060506FY3 0.000000 5.833333 1,000.000000
A-14 553,929.00 7.000000% 060506FZ0 0.000000 5.833333 1,000.000000
A-15 2,090,000.00 7.000000% 060506GA4 0.000000 5.833333 1,000.000000
A-16 1,665,000.00 8.000000% 060506GB2 0.000000 6.666667 1,000.000000
A-17 1,053,000.00 7.250000% 060506GC0 0.000000 6.041667 1,000.000000
A-18 1,776,000.00 7.250000% 060506GD8 0.000000 6.041667 1,000.000000
A-19 13,867,000.00 6.500000% 060506GE6 0.000000 5.416667 1,000.000000
A-20 120,462,148.78 6.500000% 060506GF3 6.826540 5.220026 956.870650
A-21 19,401,000.00 6.500000% 060506GG1 0.000000 5.416667 1,000.000000
A-22 4,088,006.00 0.000000% 060506GH9 0.000000 0.000000 1,000.000000
A-23 10,373,962.00 6.500000% 060506GJ5 0.000000 5.416667 1,000.000000
A-24 48,000,000.00 6.500000% 060506GK2 0.000000 5.416667 1,000.000000
A25 16,405,103.00 7.250000% 060506GL0 0.000000 6.041667 1,000.000000
A-PO 201,487.55 0.000000% 060506GM8 1.015073 0.000000 987.963409
Residual A-R 0.00 6.500000% 060506GN6 0.000000 0.000000 0.000000
------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 11,910,082.04 6.500000% 060506GP1 0.875534 5.375631 991.548601
B-2 3,722,582.93 6.500000% 060506GQ9 0.875534 5.375631 991.548601
B-3 1,737,734.66 6.500000% 060506GR7 0.875534 5.375631 991.548601
B-4 1,737,734.66 6.500000% 060506FJ6 0.875534 5.375631 991.548601
B-5 993,416.56 6.500000% 060506FK3 0.875534 5.375631 991.548601
B-6 993,512.06 6.500000% 060506FL1 0.875534 5.375631 991.548601
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 487,095,471.07 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-7
BANK OF AMERICA, FSB, MASTER SERVICER
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 484,678,885.23 484,678,885.23
Loan count 1397 1397
Avg loan rate 7.141937% 7.14
Prepay amount 1,986,847.21 1,986,847.21
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 255,572.38 255,572.38
Sub servicer fees 0.00 0.00
Trustee fees 1,420.70 1,420.70
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 10,000,198.58 10,000,198.58
Special Hazard 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 95.672869% 100.000000% 466,000,408.17
-----------------------------------------------------------------------------
Junior 4.327131% 0.000000% 21,076,452.47
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 0 0.00
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 0 0.00
--------------------------------------------------------------------------------
<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 5,055,315.47 5,055,315.47
Principal remittance amount 2,416,585.56 2,416,585.56
Interest remittance amount 2,638,729.91 2,638,729.91
