Payment Date: 06/25/00
------------------------------------------------------------
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 67,532,777.87 6.500000% 583,586.49 365,802.55 949,389.04 0.00 0.00
A-2 13,538,967.68 6.500000% 236,829.48 73,336.07 310,165.55 0.00 0.00
A-3 102,763,975.18 6.500000% 874,681.36 556,638.20 1,431,319.56 0.00 0.00
A-4 19,274,409.77 6.500000% 117,615.55 104,403.05 222,018.60 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-20 118,821,405.65 6.500000% 1,001,533.81 643,615.95 1,645,149.76 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 201,020.49 0.000000% 205.45 0.00 205.45 0.00 0.00
Residual A-R 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 11,888,978.42 6.500000% 10,705.63 64,398.63 75,104.26 0.00 0.00
B-2 3,715,986.84 6.500000% 3,346.12 20,128.26 23,474.38 0.00 0.00
B-3 1,734,655.55 6.500000% 1,562.00 9,396.05 10,958.05 0.00 0.00
B-4 1,734,655.55 6.500000% 1,562.00 9,396.05 10,958.05 0.00 0.00
B-5 991,656.31 6.500000% 892.95 5,371.47 6,264.42 0.00 0.00
B-6 991,751.64 6.500000% 893.04 5,371.99 6,265.03 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 482,447,240.94 - 2,833,413.89 2,613,554.53 5,446,968.42 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior A-1 66,949,191.38 0.00
A-2 13,302,138.20 0.00
A-3 101,889,293.82 0.00
A-4 19,156,794.22 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-20 117,819,871.83 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 200,815.04 0.00
Residual A-R 0.00 0.00
--------------------------------------------------------------------------------
Subordinate B-1 11,878,272.79 0.00
B-2 3,712,640.72 0.00
B-3 1,733,093.55 0.00
B-4 1,733,093.55 0.00
B-5 990,763.36 0.00
B-6 990,858.60 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 479,613,827.05 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 06/25/00
------------------------------------------------------------
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 67,532,777.87 6.500000% 060506FM9 8.204160 5.142515 941.183296
A-2 13,538,967.68 6.500000% 060506FN7 15.788632 4.889072 886.809213
A-3 102,763,975.18 6.500000% 060506FP2 8.086921 5.146433 942.023796
A-4 19,274,409.77 6.500000% 060506FQ0 5.880778 5.220153 957.839711
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-20 118,821,405.65 6.500000% 060506GF3 8.012271 5.148928 942.558975
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 201,020.49 0.000000% 060506GM8 1.008438 0.000000 985.677513
Residual A-R 0.00 6.500000% 060506GN6 0.000000 0.000000 0.000000
------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 11,888,978.42 6.500000% 060506GP1 0.892061 5.366106 989.773585
B-2 3,715,986.84 6.500000% 060506GQ9 0.892061 5.366106 989.773585
B-3 1,734,655.55 6.500000% 060506GR7 0.892061 5.366106 989.773585
B-4 1,734,655.55 6.500000% 060506FJ6 0.892061 5.366106 989.773585
B-5 991,656.31 6.500000% 060506FK3 0.892061 5.366106 989.773585
B-6 991,751.64 6.500000% 060506FL1 0.892061 5.366106 989.773585
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 482,447,240.94 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</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 479,613,826.58 479,613,826.58
Loan count 1387 1387
Avg loan rate 7.141908% 7.14
Prepay amount 2,398,971.80 2,398,971.80
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 250,244.41 250,244.41
Sub servicer fees 0.00 0.00
Trustee fees 1,407.14 1,407.14
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 95.638995% 100.000000% 461,389,556.62
-----------------------------------------------------------------------------
Junior 4.361005% 0.000000% 21,038,722.57
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
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 5,446,968.42 5,446,968.42
Principal remittance amount 2,833,413.89 2,833,413.89
Interest remittance amount 2,613,554.53 2,613,554.53
