Payment Date: 06/25/00
------------------------------------------------------------
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 164,702,198.26 6.750000% 814,169.92 926,351.05 1,740,520.97 0.00 98.82
A2 70,375,041.65 6.750000% 523,785.75 395,817.39 919,603.14 0.00 42.22
A3 13,000,000.00 7.125000% 0.00 77,179.27 77,179.27 0.00 8.23
A4 56,534,857.91 6.750000% 253,801.85 317,974.66 571,776.51 0.00 33.92
A5 20,113,000.00 6.750000% 0.00 113,123.56 113,123.56 0.00 12.07
A6 15,471,000.00 6.750000% 0.00 87,015.09 87,015.09 0.00 9.28
A7 13,648,778.00 6.750000% 0.00 76,766.19 76,766.19 0.00 8.19
A8 722,222.00 0.000000% 0.00 0.00 0.00 0.00 0.00
A9 26,158,000.00 6.750000% 0.00 147,123.06 147,123.06 0.00 15.69
A10 25,000,000.00 6.750000% 0.00 140,610.00 140,610.00 0.00 15.00
A11 49,550,000.00 6.750000% 0.00 278,689.02 278,689.02 0.00 29.73
A12 450,000.00 6.750000% 0.00 2,530.98 2,530.98 0.00 0.27
APO 1,862,459.82 0.000000% 2,475.27 0.00 2,475.27 0.00 0.00
Residual AR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00
----------------------------------------------------------------------------------------------------------------------------------
Subordinate B1 13,147,397.75 6.750000% 11,564.15 73,946.22 85,510.38 0.00 7.89
B2 3,721,691.34 6.750000% 3,273.51 20,932.28 24,205.80 0.00 2.23
B3 1,985,298.71 6.750000% 1,746.22 11,166.11 12,912.34 0.00 1.19
B4 1,488,478.20 6.750000% 1,309.23 8,371.80 9,681.03 0.00 0.89
B5 992,649.36 6.750000% 873.11 5,583.06 6,456.17 0.00 0.60
B6 992,577.19 6.750000% 873.05 5,582.65 6,455.70 0.00 0.60
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Totals - - 479,915,650.18 - 1,613,872.08 2,688,762.38 4,302,634.45 - 286.82
----------------------------------------------------------------------------------------------------------------------------------
Class Information
--------------------------------------------------------------------------------
Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
--------------------------------------------------------------------------------
Senior A1 163,888,028.33 98.82
A2 69,851,255.90 42.22
A3 13,000,000.00 8.23
A4 56,281,056.06 33.92
A5 20,113,000.00 12.07
A6 15,471,000.00 9.28
A7 13,648,778.00 8.19
A8 722,222.00 0.00
A9 26,158,000.00 15.69
A10 25,000,000.00 15.00
A11 49,550,000.00 29.73
A12 450,000.00 0.27
APO 1,859,984.55 0.00
Residual AR 0.00 0.00
--------------------------------------------------------------------------------
Subordinate B1 13,135,833.60 7.89
B2 3,718,417.82 2.23
B3 1,983,552.49 1.19
B4 1,487,168.97 0.89
B5 991,776.25 0.60
B6 991,704.14 0.60
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Totals - - 478,301,778.10 286.82
--------------------------------------------------------------------------------
</TABLE>
<PAGE>
Payment Date: 06/25/00
------------------------------------------------------------
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 164,702,198.26 6.750000% 060506GT3 4.652400 5.293435 936.503019
A2 70,375,041.65 6.750000% 060506GU0 6.802412 5.140486 907.159167
A3 13,000,000.00 7.125000% 060506GV8 0.000000 5.936867 1,000.000000
A4 56,534,857.91 6.750000% 060506GW6 4.248085 5.322197 942.021191
A5 20,113,000.00 6.750000% 060506GX4 0.000000 5.624400 1,000.000000
A6 15,471,000.00 6.750000% 060506GY2 0.000000 5.624400 1,000.000000
A7 13,648,778.00 6.750000% 060506GZ9 0.000000 5.624400 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 5.624400 1,000.000000
A10 25,000,000.00 6.750000% 060506HC9 0.000000 5.624400 1,000.000000
A11 49,550,000.00 6.750000% 060506HD7 0.000000 5.624400 1,000.000000
A12 450,000.00 6.750000% 060506HE5 0.000000 5.624400 1,000.000000
APO 1,862,459.82 0.000000% 060506HF2 1.303244 0.000000 979.292295
Residual AR 0.00 6.750000% 060506HG0 0.000000 0.000000 0.000000
------------------------------------------------------------------------------------------------------------------------
Subordinate B1 13,147,397.75 6.750000% 060506HH8 0.872239 5.577480 990.785458
B2 3,721,691.34 6.750000% 060506HJ4 0.872239 5.577480 990.785458
B3 1,985,298.71 6.750000% 060506HK1 0.872239 5.577480 990.785458
B4 1,488,478.20 6.750000% 060506HL9 0.872239 5.577480 990.785458
B5 992,649.36 6.750000% 060506HM7 0.872239 5.577480 990.785461
B6 992,577.19 6.750000% 060506HN5 0.872224 5.577384 990.768438
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
Totals - - 479,915,650.18 - - - - -
------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------
</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 478,301,776.06 478,301,776.06
Loan count 1363 1363
Avg loan rate 7.161252% 7.16
Prepay amount 1,191,585.31 1,191,585.31
--------------------------------------------------------------------------------
FEES AND ADVANCES
--------------------------------------------------------------------------------
Total
-----
Master serv fees 171,050.42 171,050.42
Sub servicer fees 0.00 0.00
Trustee fees 1,399.75 1,399.75
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 95.351398% 100.000000% 457,587,557.63
-----------------------------------------------------------------------------
Junior 4.648602% 0.000000% 22,308,453.27
-----------------------------------------------------------------------------
--------------------------------------------------------------------------------
DELINQUENCY INFORMATION
--------------------------------------------------------------------------------
Period Loan Count Ending Stated Balance
------ ---------- ---------------------
30 to 59 days 2 589,526.28
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 2 589,526.28
--------------------------------------------------------------------------------
<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 4,302,634.45 4,302,634.45
Principal remittance amount 1,613,872.08 1,613,872.08
Interest remittance amount 2,688,762.38 2,688,762.38
