Payment Date: 05/25/00
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-8
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 165,941,568.97 6.750000% 1,239,370.71 933,321.48 2,172,692.20 0.00 99.84
A2 71,172,374.86 6.750000% 797,333.21 400,301.79 1,197,635.00 0.00 42.82
A3 13,000,000.00 7.125000% 0.00 77,179.24 77,179.24 0.00 8.26
A4 56,921,207.95 6.750000% 386,350.04 320,147.55 706,497.58 0.00 34.25
A5 20,113,000.00 6.750000% 0.00 113,123.52 113,123.52 0.00 12.10
A6 15,471,000.00 6.750000% 0.00 87,015.07 87,015.07 0.00 9.31
A7 13,648,778.00 6.750000% 0.00 76,766.16 76,766.16 0.00 8.21
A8 722,222.00 0.000000% 0.00 0.00 0.00 0.00 0.00
A9 26,158,000.00 6.750000% 0.00 147,123.01 147,123.01 0.00 15.74
A10 25,000,000.00 6.750000% 0.00 140,609.96 140,609.96 0.00 15.04
A11 49,550,000.00 6.750000% 0.00 278,688.94 278,688.94 0.00 29.81
A12 450,000.00 6.750000% 0.00 2,530.98 2,530.98 0.00 0.27
APO 1,864,427.63 0.000000% 1,967.82 0.00 1,967.82 0.00 0.00
Residual AR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 13,158,859.24 6.750000% 11,461.49 74,010.67 85,472.16 0.00 7.92
B2 3,724,935.79 6.750000% 3,244.45 20,950.52 24,194.98 0.00 2.24
B3 1,987,029.43 6.750000% 1,730.72 11,175.85 12,906.57 0.00 1.20
B4 1,489,775.81 6.750000% 1,297.61 8,379.09 9,676.70 0.00 0.90
B5 993,514.72 6.750000% 865.36 5,587.92 6,453.28 0.00 0.60
B6 993,442.49 6.750000% 865.30 5,587.52 6,452.81 0.00 0.60
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 482,360,136.90 - 2,444,486.72 2,702,499.27 5,146,985.98 - 289.10
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior A1 164,702,198.26 99.84
A2 70,375,041.65 42.82
A3 13,000,000.00 8.26
A4 56,534,857.91 34.25
A5 20,113,000.00 12.10
A6 15,471,000.00 9.31
A7 13,648,778.00 8.21
A8 722,222.00 0.00
A9 26,158,000.00 15.74
A10 25,000,000.00 15.04
A11 49,550,000.00 29.81
A12 450,000.00 0.27
APO 1,862,459.82 0.00
Residual AR 0.00 0.00
--------------------------------------------------------------------------------
Subordinate B1 13,147,397.75 7.92
B2 3,721,691.34 2.24
B3 1,985,298.71 1.20
B4 1,488,478.20 0.90
B5 992,649.36 0.60
B6 992,577.19 0.60
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 479,915,650.18 289.10
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 05/25/00
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-8
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 165,941,568.97 6.750000% 060506GT3 7.082118 5.333266 941.155419
A2 71,172,374.86 6.750000% 060506GU0 10.354977 5.198724 913.961580
A3 13,000,000.00 7.125000% 060506GV8 0.000000 5.936865 1,000.000000
A4 56,921,207.95 6.750000% 060506GW6 6.466651 5.358566 946.269276
A5 20,113,000.00 6.750000% 060506GX4 0.000000 5.624398 1,000.000000
A6 15,471,000.00 6.750000% 060506GY2 0.000000 5.624398 1,000.000000
A7 13,648,778.00 6.750000% 060506GZ9 0.000000 5.624398 1,000.000000
A8 722,222.00 0.000000% 060506HA3 0.000000 0.000000 1,000.000000
A9 26,158,000.00 6.750000% 060506HB1 0.000000 5.624398 1,000.000000
A10 25,000,000.00 6.750000% 060506HC9 0.000000 5.624398 1,000.000000
A11 49,550,000.00 6.750000% 060506HD7 0.000000 5.624398 1,000.000000
A12 450,000.00 6.750000% 060506HE5 0.000000 5.624398 1,000.000000
APO 1,864,427.63 0.000000% 060506HF2 1.036066 0.000000 980.595540
Residual AR 0.00 6.750000% 060506HG0 0.000000 0.000000 0.000000
------------------------------------------------------------------------------------------------------------------------
Subordinate B1 13,158,859.24 6.750000% 060506HH8 0.864496 5.582340 991.657697
B2 3,724,935.79 6.750000% 060506HJ4 0.864496 5.582340 991.657697
B3 1,987,029.43 6.750000% 060506HK1 0.864496 5.582340 991.657697
B4 1,489,775.81 6.750000% 060506HL9 0.864496 5.582340 991.657697
B5 993,514.72 6.750000% 060506HM7 0.864496 5.582340 991.657700
B6 993,442.49 6.750000% 060506HN5 0.864481 5.582244 991.640663
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 482,360,136.90 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
------------------------------------------------------------
BANK OF AMERICA MORTGAGE SECURITIES, INC.
MORTGAGE PASS-THROUGH CERTIFICATES, Series 1999-8
Bank of America, FSB, Master Servicer
------------------------------------------------------------
--------------------------------------------------------------------------------
COLLATERAL INFORMATION
--------------------------------------------------------------------------------
Total
-----
Prin balance 479,915,649.80 479,915,649.80
Loan count 1367 1367
Avg loan rate 7.161431% 7.16
Prepay amount 2,024,208.08 2,024,208.08
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 169,221.27 169,221.27
Sub servicer fees 0.00 0.00
Trustee fees 1,406.88 1,406.88
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 10,005,467.20 10,005,467.20
Special Hazard 0.00 0.00
Aggregate Certificate Information
-----------------------------------------------------------------------------
Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
-----------------------------------------------------------------------------
Senior 95.370887% 100.000000% 460,012,579.41
-----------------------------------------------------------------------------
Junior 4.629113% 0.000000% 22,328,092.55
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
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 5,146,985.98 5,146,985.98
Principal remittance amount 2,444,486.72 2,444,486.72
Interest remittance amount 2,702,499.27 2,702,499.27
