Payment Date: 04/25/00
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-3
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 A1 249,767,282.21 6.250000% 1,717,084.61 1,300,871.26 3,017,955.87 0.00 0.00
APO 623,708.10 0.000000% 2,679.66 0.00 2,679.66 0.00 0.00
Residual AR 0.00 6.250000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 1,996,830.97 6.250000% 7,430.23 10,400.16 17,830.40 0.00 0.00
B2 932,496.01 6.250000% 3,469.83 4,856.75 8,326.58 0.00 0.00
B3 932,496.01 6.250000% 3,469.83 4,856.75 8,326.58 0.00 0.00
B4 533,129.81 6.250000% 1,983.78 2,776.72 4,760.50 0.00 0.00
B5 266,564.91 6.250000% 991.89 1,388.36 2,380.25 0.00 0.00
B6 400,210.75 6.250000% 1,489.19 2,084.43 3,573.62 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 255,452,718.77 - 1,738,599.03 1,327,234.43 3,065,833.46 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior A1 248,050,197.60 0.00
APO 621,028.44 0.00
Residual AR 0.00 0.00
--------------------------------------------------------------------------------
Subordinate B1 1,989,400.74 0.00
B2 929,026.18 0.00
B3 929,026.18 0.00
B4 531,146.03 0.00
B5 265,573.01 0.00
B6 398,721.56 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 253,714,119.74 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 04/25/00
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-3
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 A1 249,767,282.21 6.250000% 060506CJ9 6.343151 4.805601 916.332153
APO 623,708.10 0.000000% 060506CK6 4.059681 0.000000 940.856674
Residual AR 0.00 6.250000% 060506CL4 0.000000 0.000000 0.000000
------------------------------------------------------------------------------------------------------------------------
Subordinate B1 1,996,830.97 6.250000% 060506CM2 3.580836 5.012126 958.747344
B2 932,496.01 6.250000% 060506CN0 3.580836 5.012126 958.747344
B3 932,496.01 6.250000% 060506CP5 3.580836 5.012126 958.747344
B4 533,129.81 6.250000% 060506CQ3 3.580836 5.012126 958.747344
B5 266,564.91 6.250000% 060506CR1 3.580836 5.012126 958.747344
B6 400,210.75 6.250000% 060506CS9 3.580836 5.012126 958.747344
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 255,452,718.77 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-3
Bank of America, fsb, Master Servicer
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 253,714,086.82 253,714,086.82
Loan count 724 724
Avg loan rate 6.729561% 6.73
Prepay amount 788,019.59 788,019.59
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 101,769.00 101,769.00
Sub servicer fees 0.00 0.00
Trustee fees 851.51 851.51
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 2,766,190.46 2,766,190.46
Special Hazard 5,206,925.98 5,206,925.98
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 98.025754% 100.000000% 250,390,990.31
-----------------------------------------------------------------------------
Junior 1.974246% 0.000000% 5,042,893.70
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 1 535,555.45
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 1 535,555.45
--------------------------------------------------------------------------------
<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 3,065,833.46 3,065,833.46
Principal remittance amount 1,738,599.03 1,738,599.03
Interest remittance amount 1,327,234.43 1,327,234.43
