Payment Date: 06/25/00
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-1
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-1 145,456,930.87 6.500000% 1,823,698.52 787,891.71 2,611,590.23 0.00 0.00
A-2 58,094,279.08 6.000000% 728,268.66 290,471.40 1,018,740.05 0.00 0.00
A-3 89,285,034.89 6.500000% 932,868.74 483,627.27 1,416,496.01 0.00 0.00
A-4 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
A-5 23,996,943.01 6.250000% 254,226.67 124,984.08 379,210.75 0.00 0.00
A-6 17,425,680.80 7.110000% 182,067.16 103,247.16 285,314.32 0.00 0.00
A-7 17,425,680.80 1.390000% 0.00 20,184.75 20,184.75 0.00 0.00
A-8 7,068,000.00 6.500000% 0.00 38,285.00 38,285.00 0.00 0.00
A-9 3,556,666.00 6.400000% 0.00 18,968.89 18,968.89 0.00 0.00
A-10 17,755,000.00 6.500000% 0.00 96,172.92 96,172.92 0.00 0.00
A-11 4,843,000.00 6.500000% 0.00 26,232.92 26,232.92 0.00 0.00
A-12 2,183,000.00 6.500000% 0.00 11,824.58 11,824.58 0.00 0.00
A-13 1,136,000.00 6.500000% 0.00 6,153.33 6,153.33 0.00 0.00
A-14 1,578,000.00 6.500000% 0.00 8,547.50 8,547.50 0.00 0.00
A-15 1,868,444.00 6.500000% 0.00 10,120.74 10,120.74 0.00 0.00
A-16 2,000,000.00 6.500000% 0.00 10,833.33 10,833.33 0.00 0.00
A-17 1,000,000.00 7.000000% 0.00 5,833.33 5,833.33 0.00 0.00
A-18 1,625,000.00 7.610000% 0.00 10,305.21 10,305.21 0.00 0.00
A-19 375,000.00 1.690000% 0.00 528.13 528.13 0.00 0.00
A-20 44,807,416.88 6.400000% 452,077.86 238,972.89 691,050.75 0.00 0.00
A-21 23,271,517.82 7.000000% 217,523.43 135,750.52 353,273.95 0.00 0.00
A-22 11,608,445.00 6.000000% 0.00 58,042.22 58,042.22 0.00 0.00
A-23 3,200,334.00 6.250000% 0.00 16,668.41 16,668.41 0.00 0.00
A-24 60,000,000.00 6.500000% 0.00 325,000.00 325,000.00 0.00 0.00
A-PO 1,163,225.23 0.000000% 15,266.85 0.00 15,266.85 0.00 0.00
Residual A-R 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
A-LR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 12,731,023.83 6.500000% 12,055.00 68,959.71 81,014.72 0.00 0.00
B-2 4,441,055.28 6.500000% 4,205.23 24,055.72 28,260.95 0.00 0.00
B-3 2,072,493.12 6.500000% 1,962.44 11,226.00 13,188.45 0.00 0.00
B-4 2,072,493.12 6.500000% 1,962.44 11,226.00 13,188.45 0.00 0.00
B-5 1,184,282.07 6.500000% 1,121.40 6,414.86 7,536.26 0.00 0.00
B-6 1,184,388.26 6.500000% 1,121.50 6,415.44 7,536.93 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 546,983,653.28 - 4,628,425.89 2,956,944.01 7,585,369.90 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior A-1 143,633,232.35 0.00
A-2 57,366,010.42 0.00
A-3 88,352,166.15 0.00
A-4 0.00 0.00
A-5 23,742,716.35 0.00
A-6 17,243,613.63 0.00
A-7 17,243,613.63 0.00
A-8 7,068,000.00 0.00
A-9 3,556,666.00 0.00
A-10 17,755,000.00 0.00
A-11 4,843,000.00 0.00
A-12 2,183,000.00 0.00
A-13 1,136,000.00 0.00
A-14 1,578,000.00 0.00
A-15 1,868,444.00 0.00
A-16 2,000,000.00 0.00
A-17 1,000,000.00 0.00
A-18 1,625,000.00 0.00
A-19 375,000.00 0.00
A-20 44,355,339.02 0.00
A-21 23,053,994.40 0.00
A-22 11,608,445.00 0.00
A-23 3,200,334.00 0.00
A-24 60,000,000.00 0.00
A-PO 1,147,958.39 0.00
Residual A-R 0.00 0.00
A-LR 0.00 0.00
--------------------------------------------------------------------------------
Subordinate B-1 12,718,968.83 0.00
B-2 4,436,850.05 0.00
B-3 2,070,530.68 0.00
B-4 2,070,530.68 0.00
B-5 1,183,160.67 0.00
B-6 1,183,266.77 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 542,355,227.39 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 06/25/00
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-1
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-1 145,456,930.87 6.500000% 060506AA0 10.959463 4.734812 863.159734
A-2 58,094,279.08 6.000000% 060506AB8 10.958132 4.370672 863.176361
A-3 89,285,034.89 6.500000% 060506AC6 9.328687 4.836273 883.521662
A-4 0.00 6.250000% 060506AD4 0.000000 0.000000 0.000000
A-5 23,996,943.01 6.250000% 060506AE2 10.169067 4.999363 949.708654
A-6 17,425,680.80 7.110000% 060506AF9 9.328687 5.290138 883.521662
A-7 17,425,680.80 1.390000% 060506AG7 0.000000 1.034218 883.521662
A-8 7,068,000.00 6.500000% 060506AH5 0.000000 5.416667 1,000.000000
A-9 3,556,666.00 6.400000% 060506AJ1 0.000000 5.333333 1,000.000000
A-10 17,755,000.00 6.500000% 060506AK8 0.000000 5.416667 1,000.000000
A-11 4,843,000.00 6.500000% 060506AL6 0.000000 5.416667 1,000.000000
A-12 2,183,000.00 6.500000% 060506AM4 0.000000 5.416667 1,000.000000
A-13 1,136,000.00 6.500000% 060506AN2 0.000000 5.416667 1,000.000000
A-14 1,578,000.00 6.500000% 060506AP7 0.000000 5.416667 1,000.000000
A-15 1,868,444.00 6.500000% 060506AQ5 0.000000 5.416667 1,000.000000
A-16 2,000,000.00 6.500000% 060506AR3 0.000000 5.416667 1,000.000000
A-17 1,000,000.00 7.000000% 060506AS1 0.000000 5.833333 1,000.000000
A-18 1,625,000.00 7.610000% 060506AT9 0.000000 6.341667 1,000.000000
A-19 375,000.00 1.690000% 060506AU6 0.000000 1.408333 1,000.000000
A-20 44,807,416.88 6.400000% 060506AV4 9.041557 4.779458 887.106780
A-21 23,271,517.82 7.000000% 060506AW2 8.440956 5.267773 894.605914
A-22 11,608,445.00 6.000000% 060506AX0 0.000000 5.000000 1,000.000000
A-23 3,200,334.00 6.250000% 060506AY8 0.000000 5.208333 1,000.000000
A-24 60,000,000.00 6.500000% 060506AZ5 0.000000 5.416667 1,000.000000
A-PO 1,163,225.23 0.000000% 060506BA9 12.545882 0.000000 943.361257
Residual A-R 0.00 6.500000% 060506BB7 0.000000 0.000000 0.000000
A-LR 0.00 6.500000% 060506BC5 0.000000 0.000000 0.000000
------------------------------------------------------------------------------------------------------------------------
Subordinate B-1 12,731,023.83 6.500000% 060506BD3 0.934365 5.344960 985.827567
B-2 4,441,055.28 6.500000% 060506BE1 0.934365 5.344960 985.827567
B-3 2,072,493.12 6.500000% 060506BF8 0.934365 5.344960 985.827567
B-4 2,072,493.12 6.500000% 060506BG6 0.934365 5.344960 985.827567
B-5 1,184,282.07 6.500000% 060506BH4 0.934365 5.344960 985.827567
B-6 1,184,388.26 6.500000% 060506BJ0 0.934365 5.344960 985.827567
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 546,983,653.28 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
Mortgage Pass-Through Certificates, Series 1999-1
BANK OF AMERICA, FSB, MASTER SERVICER
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 542,355,226.79 542,355,226.79
Loan count 1650 1650
Avg loan rate 7.068095% 7.07
Prepay amount 4,110,369.29 4,110,369.29
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 254,817.25 254,817.25
Sub servicer fees 0.00 0.00
Trustee fees 1,595.37 1,595.37
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 6,000,845.77 6,000,845.77
Special Hazard 5,469,836.53 5,469,836.53
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 95.673677% 100.000000% 523,297,917.58
-----------------------------------------------------------------------------
Junior 4.326323% 0.000000% 23,663,307.68
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 1 296,591.75
60 to 89 days 0 0.00
90 or more 1 318,441.62
Foreclosure 0 0.00
Totals: 2 615,033.37
--------------------------------------------------------------------------------
<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 7,585,369.90 7,585,369.90
Principal remittance amount 4,628,425.89 4,628,425.89
Interest remittance amount 2,956,944.01 2,956,944.01
