Payment Date: 05/25/00
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-5
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 151,759,957.61 6.500000% 1,075,393.39 822,033.10 1,897,426.49 0.00 0.00
A2 144,656,884.85 6.500000% 855,870.89 783,558.13 1,639,429.02 0.00 0.00
A3 116,225,540.54 6.500000% 803,075.41 629,555.01 1,432,630.42 0.00 0.00
A4 60,000,000.00 6.500000% 0.00 325,000.00 325,000.00 0.00 0.00
A5 3,282,000.00 6.750000% 0.00 18,461.25 18,461.25 0.00 0.00
A6 4,224,000.00 6.750000% 0.00 23,760.00 23,760.00 0.00 0.00
A7 1,431,000.00 6.750000% 0.00 8,049.38 8,049.38 0.00 0.00
A8 2,950,000.00 6.750000% 0.00 16,593.75 16,593.75 0.00 0.00
A9 3,113,000.00 6.750000% 0.00 17,510.63 17,510.63 0.00 0.00
A10 3,000,000.00 7.000000% 0.00 17,500.00 17,500.00 0.00 0.00
A11 2,000,000.00 7.000000% 0.00 11,666.67 11,666.67 0.00 0.00
A12 5,000,000.00 5.500000% 0.00 22,916.67 22,916.67 0.00 0.00
A13 3,325,000.00 7.000000% 0.00 19,395.83 19,395.83 0.00 0.00
A14 3,177,667.00 7.000000% 0.00 18,536.39 18,536.39 0.00 0.00
A15 5,000,000.00 6.250000% 0.00 26,041.67 26,041.67 0.00 0.00
A16 5,938,000.00 7.000000% 0.00 34,638.33 34,638.33 0.00 0.00
A17 3,160,000.00 7.000000% 0.00 18,433.33 18,433.33 0.00 0.00
A18 2,513,904.00 7.000000% 0.00 14,664.44 14,664.44 0.00 0.00
A19 1,393,429.00 0.000000% 0.00 0.00 0.00 0.00 0.00
A20 15,151,843.85 6.500000% 62,644.60 82,072.49 144,717.08 0.00 0.00
A21 11,565,156.15 6.500000% 0.00 0.00 0.00 0.00 0.00
A22 100,000.00 6.500000% 0.00 541.67 541.67 0.00 0.00
APO 726,585.54 0.000000% 887.84 0.00 887.84 0.00 0.00
Residual AR 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,787,793.20 6.500000% 11,529.94 69,267.21 80,797.15 0.00 0.00
B2 4,460,719.87 6.500000% 4,021.95 24,162.23 28,184.18 0.00 0.00
B3 2,082,263.64 6.500000% 1,877.44 11,278.93 13,156.37 0.00 0.00
B4 2,082,263.64 6.500000% 1,877.44 11,278.93 13,156.37 0.00 0.00
B5 1,189,723.42 6.500000% 1,072.70 6,444.34 7,517.03 0.00 0.00
B6 1,189,989.28 6.500000% 1,072.94 6,445.78 7,518.71 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 573,486,721.59 - 2,819,324.54 3,039,806.14 5,859,130.67 - -
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior A1 150,684,564.22 0.00
A2 143,801,013.96 0.00
A3 115,422,465.14 0.00
A4 60,000,000.00 0.00
A5 3,282,000.00 0.00
A6 4,224,000.00 0.00
A7 1,431,000.00 0.00
A8 2,950,000.00 0.00
A9 3,113,000.00 0.00
A10 3,000,000.00 0.00
A11 2,000,000.00 0.00
A12 5,000,000.00 0.00
A13 3,325,000.00 0.00
A14 3,177,667.00 0.00
A15 5,000,000.00 0.00
A16 5,938,000.00 0.00
A17 3,160,000.00 0.00
A18 2,513,904.00 0.00
A19 1,393,429.00 0.00
A20 15,089,199.25 0.00
A21 11,627,800.75 0.00
A22 100,000.00 0.00
APO 725,697.69 0.00
Residual AR 0.00 0.00
--------------------------------------------------------------------------------
Subordinate B1 12,776,263.26 0.00
B2 4,456,697.92 0.00
B3 2,080,386.19 0.00
B4 2,080,386.19 0.00
B5 1,188,650.72 0.00
B6 1,188,916.34 0.00
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 570,730,041.65 -
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 05/25/00
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-5
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 151,759,957.61 6.500000% 060506DQ2 6.628288 5.066678 928.758493
A2 144,656,884.85 6.500000% 060506DR0 5.593927 5.121295 939.875908
A3 116,225,540.54 6.500000% 060506DS8 6.473595 5.074847 930.421148
A4 60,000,000.00 6.500000% 060506DT6 0.000000 5.416667 1,000.000000
A5 3,282,000.00 6.750000% 060506DU3 0.000000 5.625000 1,000.000000
A6 4,224,000.00 6.750000% 060506DV1 0.000000 5.625000 1,000.000000
A7 1,431,000.00 6.750000% 060506DW9 0.000000 5.625000 1,000.000000
A8 2,950,000.00 6.750000% 060506DX7 0.000000 5.625000 1,000.000000
A9 3,113,000.00 6.750000% 060506DY5 0.000000 5.625000 1,000.000000
A10 3,000,000.00 7.000000% 060506DZ2 0.000000 5.833333 1,000.000000
A11 2,000,000.00 7.000000% 060506EA6 0.000000 5.833333 1,000.000000
A12 5,000,000.00 5.500000% 060506EB4 0.000000 4.583333 1,000.000000
A13 3,325,000.00 7.000000% 060506EC2 0.000000 5.833333 1,000.000000
A14 3,177,667.00 7.000000% 060506ED0 0.000000 5.833333 1,000.000000
A15 5,000,000.00 6.250000% 060506EE8 0.000000 5.208333 1,000.000000
A16 5,938,000.00 7.000000% 060506EF5 0.000000 5.833333 1,000.000000
A17 3,160,000.00 7.000000% 060506EG3 0.000000 5.833333 1,000.000000
A18 2,513,904.00 7.000000% 060506EH1 0.000000 5.833333 1,000.000000
A19 1,393,429.00 0.000000% 060506EJ7 0.000000 0.000000 1,000.000000
A20 15,151,843.85 6.500000% 060506EV0 3.960086 5.188222 953.865557
A21 11,565,156.15 6.500000% 060506EK4 0.000000 0.000000 1,066.966485
A22 100,000.00 6.500000% 060506EL2 0.000000 5.416667 1,000.000000
APO 726,585.54 0.000000% 060506EM0 1.195585 0.000000 977.237701
Residual AR 0.00 6.500000% 060506EN8 0.000000 0.000000 0.000000
------------------------------------------------------------------------------------------------------------------------
Subordinate B1 12,787,793.20 6.500000% 060506EP3 0.893171 5.365808 989.717504
B2 4,460,719.87 6.500000% 060506EQ1 0.893171 5.365808 989.717504
B3 2,082,263.64 6.500000% 060506ER9 0.893171 5.365808 989.717504
B4 2,082,263.64 6.500000% 060506ES7 0.893171 5.365808 989.717504
B5 1,189,723.42 6.500000% 060506ET5 0.893171 5.365808 989.717504
B6 1,189,989.28 6.500000% 060506EU2 0.893171 5.365808 989.717504
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 573,486,721.59 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-5
Bank of America, FSB, Master Servicer
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 570,730,040.99 570,730,040.99
Loan count 1665 1665
Avg loan rate 7.089362% 7.09
Prepay amount 2,239,536.33 2,239,536.33
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 279,843.25 279,843.25
Sub servicer fees 0.00 0.00
Trustee fees 1,672.67 1,672.67
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 12,007,659.40 12,007,659.40
Special Hazard 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 95.854797% 100.000000% 549,693,968.54
-----------------------------------------------------------------------------
Junior 4.145203% 0.000000% 23,771,300.64
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 2 585,166.92
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 2 585,166.92
--------------------------------------------------------------------------------
<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 5,859,130.67 5,859,130.67
Principal remittance amount 2,819,324.54 2,819,324.54
Interest remittance amount 3,039,806.14 3,039,806.14
