BoAMS 2003-E Group 1
3-1 Arms
--------------------------------------------------------------------------------
1. Original Balance
----------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original Balance Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------------
250,001 - 350,000 12 $ 4,084,774 2.12% $341,925 4.623% 735 70.25% 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
350,001 - 450,000 143 57,872,294 29.97 405,128 4.463 744 69.05 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
450,001 - 550,000 99 49,484,657 25.62 500,341 4.440 742 65.58 358 358 1
---------------------------------------------------------------------------------------------------------------------------------
550,001 - 650,000 54 32,450,605 16.80 601,547 4.426 740 66.10 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
650,001 - 750,000 29 20,723,507 10.73 715,359 4.490 729 65.33 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
750,001 - 850,000 8 6,407,499 3.32 802,720 4.532 737 51.19 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
850,001 - 950,000 7 6,348,180 3.29 907,757 4.537 708 59.86 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
950,001 - 1,050,000 16 15,754,353 8.16 985,620 4.477 742 57.17 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
Total: 368 $193,125,868 100.00% $525,394 4.463% 739 65.43% 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
Average: $525,394.23
Lowest: $329,000.00
Highest: $1,000,000.00
--------------------------------------------------------------------------------
2. Gross Coupon
----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Gross Coupon Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------
3.876 - 4.000 7 $ 3,363,014 1.74% $480,954 4.000% 748 67.03% 360 359 1
----------------------------------------------------------------------------------------------------------------------------
4.001 - 4.125 20 11,147,311 5.77 557,975 4.125 745 65.10 360 359 1
----------------------------------------------------------------------------------------------------------------------------
4.126 - 4.250 64 33,774,900 17.49 528,228 4.250 745 61.67 357 357 1
----------------------------------------------------------------------------------------------------------------------------
4.251 - 4.375 86 43,830,409 22.70 510,227 4.375 741 68.26 360 359 1
----------------------------------------------------------------------------------------------------------------------------
4.376 - 4.500 95 49,750,685 25.76 524,162 4.500 742 66.03 360 359 1
----------------------------------------------------------------------------------------------------------------------------
4.501 - 4.625 52 28,401,680 14.71 546,771 4.625 731 63.23 360 359 1
----------------------------------------------------------------------------------------------------------------------------
4.626 - 4.750 27 14,789,026 7.66 548,220 4.750 730 65.43 360 359 1
----------------------------------------------------------------------------------------------------------------------------
4.751 - 4.875 8 4,022,605 2.08 503,063 4.875 731 65.75 360 360 0
----------------------------------------------------------------------------------------------------------------------------
4.876 - 5.000 3 1,104,172 0.57 368,500 5.000 712 71.64 360 359 1
----------------------------------------------------------------------------------------------------------------------------
5.126 - 5.250 1 569,261 0.29 576,000 5.250 707 80.00 360 350 10
----------------------------------------------------------------------------------------------------------------------------
5.376 - 5.500 2 739,428 0.38 372,550 5.500 698 79.27 360 353 7
----------------------------------------------------------------------------------------------------------------------------
5.626 - 5.750 2 1,218,048 0.63 616,330 5.750 753 66.30 360 350 10
----------------------------------------------------------------------------------------------------------------------------
5.876 - 6.000 1 415,328 0.22 419,600 6.000 777 80.00 360 350 10
----------------------------------------------------------------------------------------------------------------------------
Total: 368 $193,125,868 100.00% $525,394 4.463% 739 65.43% 360 359 1
----------------------------------------------------------------------------------------------------------------------------
W.A.: 4.463%
Lowest: 4.000%
Highest: 6.000%
--------------------------------------------------------------------------------
3. Credit Score
---------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Credit Score Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------
800 - 824 2 $ 863,895 0.45% $432,250 4.583% 807 70.95% 360 359 1
---------------------------------------------------------------------------------------------------------------------------
775 - 799 67 33,681,743 17.44 503,320 4.478 785 60.50 357 357 1
---------------------------------------------------------------------------------------------------------------------------
750 - 774 102 54,468,875 28.20 534,698 4.438 762 63.91 360 359 1
---------------------------------------------------------------------------------------------------------------------------
725 - 749 80 40,724,285 21.09 509,555 4.420 737 68.62 360 359 1
---------------------------------------------------------------------------------------------------------------------------
700 - 724 66 34,829,845 18.03 528,309 4.449 712 68.58 360 359 1
---------------------------------------------------------------------------------------------------------------------------
675 - 699 36 20,139,011 10.43 559,994 4.565 688 63.78 360 359 1
---------------------------------------------------------------------------------------------------------------------------
650 - 674 10 5,330,579 2.76 533,530 4.597 661 71.12 360 359 1
---------------------------------------------------------------------------------------------------------------------------
625 - 649 5 3,087,635 1.60 618,200 4.531 637 67.59 360 359 1
---------------------------------------------------------------------------------------------------------------------------
Total: 368 $193,125,868 100.00% $525,394 4.463% 739 65.43% 360 359 1
---------------------------------------------------------------------------------------------------------------------------
W.A.: 739
Lowest: 627
Highest: 810
--------------------------------------------------------------------------------
4. Index
---------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Index Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------
12ML 368 $193,125,868 100.00% $525,394 4.463% 739 65.43% 360 359 1
---------------------------------------------------------------------------------------------------------------------
Total: 368 $193,125,868 100.00% $525,394 4.463% 739 65.43% 360 359 1
---------------------------------------------------------------------------------------------------------------------
5. Loan Purpose
----------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Loan Purpose Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------------
Refinance-Rate/Term 264 $141,555,143 73.30% $536,757 4.441% 740 64.65% 359 359 1
----------------------------------------------------------------------------------------------------------------------------------
Purchase 63 30,730,829 15.91 488,591 4.507 745 73.54 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
Refinance-Cashout 41 20,839,896 10.79 508,783 4.548 727 58.75 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
Total: 368 $193,125,868 100.00% $525,394 4.463% 739 65.43% 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6. Property Type
----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Property Type Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------
SFR 249 $132,387,192 68.55% $532,201 4.447% 741 63.90% 359 359 1
----------------------------------------------------------------------------------------------------------------------------
PUD Detach 76 40,816,054 21.13 537,575 4.460 733 67.77 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Condo 31 14,420,019 7.47 466,428 4.600 743 69.78 360 358 2
----------------------------------------------------------------------------------------------------------------------------
PUD Attach 9 3,692,026 1.91 411,000 4.544 723 77.23 360 359 1
----------------------------------------------------------------------------------------------------------------------------
2-Family 3 1,810,577 0.94 604,333 4.423 761 65.56 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Total: 368 $193,125,868 100.00% $525,394 4.463% 739 65.43% 360 359 1
----------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7. Occupancy Status
-------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Occupancy Status Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
-------------------------------------------------------------------------------------------------------------------------------
Primary 341 $180,231,431 93.32% $529,125 4.455% 738 65.89% 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
Secondary 20 10,054,359 5.21 503,250 4.502 753 58.06 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
Investor 7 2,840,078 1.47 406,929 4.807 754 62.35 360 358 2
-------------------------------------------------------------------------------------------------------------------------------
Total: 368 $193,125,868 100.00% $525,394 4.463% 739 65.43% 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
8. Geographic Distribution
-----------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Geographic Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Distribution Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
-----------------------------------------------------------------------------------------------------------------------------------
California 271 $141,428,598 73.23% $522,471 4.452% 739 67.07% 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Illinois 25 14,633,397 7.58 585,890 4.362 743 57.98 354 353 1
-----------------------------------------------------------------------------------------------------------------------------------
North Carolina 8 4,251,441 2.20 532,056 4.625 723 60.09 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Massachusetts 7 4,000,829 2.07 572,071 4.433 742 44.71 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
South Carolina 7 3,803,989 1.97 543,740 4.468 719 71.31 360 360 0
-----------------------------------------------------------------------------------------------------------------------------------
Florida 9 3,644,013 1.89 405,944 4.648 742 67.91 360 358 2
-----------------------------------------------------------------------------------------------------------------------------------
Texas 6 2,731,918 1.41 455,404 4.260 748 71.77 360 360 0
-----------------------------------------------------------------------------------------------------------------------------------
Washington 5 2,102,874 1.09 420,800 4.620 755 65.78 360 360 0
-----------------------------------------------------------------------------------------------------------------------------------
Georgia 4 1,914,556 0.99 479,103 4.567 776 63.26 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Virginia 4 1,682,197 0.87 422,025 4.971 761 62.51 360 357 3
-----------------------------------------------------------------------------------------------------------------------------------
Arizona 2 1,460,139 0.76 731,000 4.686 682 67.17 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Missouri 2 1,439,132 0.75 720,500 4.586 707 76.51 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Nevada 3 1,338,292 0.69 446,667 4.682 731 68.29 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Colorado 2 1,029,574 0.53 515,500 4.230 759 42.94 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Connecticut 1 997,743 0.52 999,000 4.750 765 55.50 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
District of Columbia 1 994,159 0.51 995,500 4.375 729 52.39 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Hawaii 1 938,587 0.49 940,000 4.750 725 47.00 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Ohio 2 827,903 0.43 414,500 4.474 772 67.51 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Maryland 2 777,244 0.40 388,622 4.362 714 49.86 360 360 0
-----------------------------------------------------------------------------------------------------------------------------------
Wisconsin 1 749,012 0.39 750,000 4.500 786 54.86 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Other 5 2,380,269 1.23 476,383 4.451 760 66.01 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Total: 368 $193,125,868 100.00% $525,394 4.463% 739 65.43% 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
9. County Distribution
----------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
County Distribution Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------------
SANTA ▇▇▇▇▇ 128 $ 66,543,674 34.46% $520,333 4.377% 743 67.77% 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
ALAMEDA 28 15,021,045 7.78 537,391 4.396 735 70.85 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
LOS ANGELES 24 12,881,429 6.67 537,541 4.538 732 68.65 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
SAN MATEO 18 9,407,363 4.87 523,117 4.463 720 65.00 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
COOK 16 9,302,154 4.82 581,907 4.362 729 58.20 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
CONTRA COSTA 18 8,732,878 4.52 485,702 4.533 745 64.47 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
ORANGE 13 7,503,070 3.89 577,685 4.499 735 63.49 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
SAN FRANCISCO 10 5,360,132 2.78 537,436 4.830 737 66.17 360 358 2
----------------------------------------------------------------------------------------------------------------------------------
SAN DIEGO 9 3,809,039 1.97 423,658 4.630 743 69.44 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
LAKE 6 3,586,074 1.86 598,291 4.266 771 54.43 335 335 1
----------------------------------------------------------------------------------------------------------------------------------
Other 98 50,979,009 26.40 520,800 4.540 742 62.20 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
Total: 368 $193,125,868 100.00% $525,394 4.463% 739 65.43% 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
10. Original LTV
----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original LTV Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00 2 $ 1,456,146 0.75% $728,750 4.332% 751 16.47% 360 359 1
----------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00 6 3,531,906 1.83 589,250 4.478 733 28.25 360 359 1
----------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 3 1,938,000 1.00 646,000 4.250 745 32.68 314 314 0
----------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 7 3,504,109 1.81 501,059 4.537 773 37.21 360 359 1
----------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 13 7,545,351 3.91 581,331 4.425 742 42.93 360 359 1
----------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 21 12,845,606 6.65 612,829 4.559 743 47.91 360 359 1
----------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 26 13,678,262 7.08 526,619 4.451 755 52.97 360 359 1
----------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 32 18,603,463 9.63 581,876 4.398 740 57.69 360 359 1
----------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 32 16,633,933 8.61 520,242 4.393 744 62.69 360 359 1
----------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 54 28,584,561 14.80 529,841 4.483 735 68.42 360 359 1
----------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 43 22,982,543 11.90 535,148 4.468 736 73.45 360 359 1
----------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 128 61,384,237 31.78 480,153 4.485 734 79.13 360 359 1
----------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 1 437,750 0.23 437,750 4.125 761 85.00 360 360 0
----------------------------------------------------------------------------------------------------------------------------
Total: 368 $193,125,868 100.00% $525,394 4.463% 739 65.43% 360 359 1
----------------------------------------------------------------------------------------------------------------------------
W.A.: 65.43%
Lowest: 15.85%
Highest: 85.00%
--------------------------------------------------------------------------------
11. Original Term
----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original Term Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------
180 1 $ 490,000 0.25% $490,000 4.250% 790 34.15% 180 180 0
----------------------------------------------------------------------------------------------------------------------------
360 367 192,635,868 99.75 525,491 4.463 739 65.51 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Total: 368 $193,125,868 100.00% $525,394 4.463% 739 65.43% 360 359 1
----------------------------------------------------------------------------------------------------------------------------
W.A.: 359.5 months
Lowest: 180 months
Highest: 360 months
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Banc of America Securities LLC
--------------------------------------------------------------------------------
This Structural Term Sheet, Collateral Term Sheet, or Computational Materials,
as appropriate (the "material"), is for your private information, and Banc of
America Securities LLC (the "Underwriter") is not soliciting any action based
upon it. This material is not to be construed as an offer to sell or the
solicitation of any offer to buy any security in any jurisdiction where such an
offer or solicitation would be illegal. This material is based on information
that the Underwriter considers reliable, but the Underwriter does not represent
that it is accurate or complete, and it should not be relied upon as such. By
accepting this material, the recipient agrees that it will not distribute or
provide the material to any other person. The information contained in this
material may pertain to securities that ultimately are not sold. The information
contained in this material may be based on assumptions regarding market
conditions and other matters as reflected herein. The Underwriter makes no
representation regarding the reasonableness of such assumptions, or the
likelihood that any of such assumptions will coincide with actual market
conditions or events, and this material should not be relied upon for such
purposes. The Underwriter and its affiliates, officers, directors, partners and
employees, including persons involved in the preparation or issuance of this
material may, from time to time, have long or short positions in, and/or buy and
sell, the securities mentioned therein or derivatives thereof (including
options). This material may be filed with the Securities and Exchange Commission
(the "SEC"), and incorporated by reference into an effective registration
statement previously filed with the SEC under Rule 415 of the Securities Act of
1933, including all cases where the material does not pertain to securities that
are ultimately offered for sale pursuant to such registration statement.
Information contained in this material is current as of the date appearing on
this material only. Information in this material regarding any assets backing
any securities discussed herein supersedes all prior information regarding such
assets. Any information in the material, whether regarding the assets backing
any securities discussed herein or otherwise, will be superseded by the
information contained in any final prospectus for any securities actually sold
to you. This material is furnished solely by the Underwriter and not by the
issuer of the securities. The issuer of the securities has not prepared,
reviewed or participated in the preparation of this material, is not responsible
for the accuracy of this material and has not authorized the dissemination of
this material. The Underwriter is acting as underwriter and not as an agent for
the issuer in connection with the proposed transaction.
BoAMS 2003-E Group 1
3-1 Arms
Collateral Summary Report
--------------------------------------------------------------------------------
1. General Pool Characteristics
Pool Size: $193,125,867.83
Loan Count: 368
Cut-off Date: 2003-05-01
Avg. Loan Balance: $524,798.55
Avg. Orig. Balance: $525,394.23
W.A. FICO*: 739
W.A. Orig. LTV: 65.43%
W.A. Cut-Off LTV: 65.35%
W.A. Gross Coupon: 4.463%
W.A. Net Coupon: 3.383%
W.A. Servicing Fee: 1.077%
W.A. Orig. Term: 360 months
W.A. Rem. Term: 359 months
W.A. Age: 1 months
% over 80 COLTV: 0.23%
% over 100 COLTV: 0.00%
% with PMI: 0.23%
% over 80 with PMI: 100.00%
W.A. MI Coverage: 12.00%
W.A. MI Adjusted LTV: 65.33%
% Second Lien: 0.00%
% with Prepay Penalty: 0.00%
% Balloon: 0.00%
Max. Zipcode Conc.: 6.35%
* FICO not available for 0 loans, or 0.0% of the aggregate pool balance.
--------------------------------------------------------------------------------
2. Original Balance
-----------------------------
Original Balance Percent
-----------------------------
250,001 - 350,000 2.12%
-----------------------------
350,001 - 450,000 29.97
-----------------------------
450,001 - 550,000 25.62
-----------------------------
550,001 - 650,000 16.80
-----------------------------
650,001 - 750,000 10.73
-----------------------------
750,001 - 850,000 3.32
-----------------------------
850,001 - 950,000 3.29
-----------------------------
950,001 - 1,050,000 8.16
-----------------------------
Total: 100.00%
-----------------------------
Average: $525,394.23
Lowest: $329,000.00
Highest: $1,000,000.00
--------------------------------------------------------------------------------
3. Cut-Off Balance
-----------------------------
Cut-Off Balance Percent
-----------------------------
300,001 - 400,000 15.44%
-----------------------------
400,001 - 500,000 30.76
-----------------------------
500,001 - 600,000 20.20
-----------------------------
600,001 - 700,000 11.99
-----------------------------
700,001 - 800,000 8.88
-----------------------------
800,001 - 900,000 2.64
-----------------------------
900,001 - 1,000,000 10.09
-----------------------------
Total: 100.00%
-----------------------------
Average: 524,798.55
Lowest: 328,149.51
Highest: 1,000,000.00
--------------------------------------------------------------------------------
4. Lien Position
-----------------------
Lien Position Percent
-----------------------
1 100.00%
-----------------------
Total: 100.00%
-----------------------
5. Coupon
-----------------------
Coupon Percent
-----------------------
3.876 - 4.000 1.74%
-----------------------
4.001 - 4.125 5.77
-----------------------
4.126 - 4.250 17.49
-----------------------
4.251 - 4.375 22.70
-----------------------
4.376 - 4.500 25.76
-----------------------
4.501 - 4.625 14.71
-----------------------
4.626 - 4.750 7.66
-----------------------
4.751 - 4.875 2.08
-----------------------
4.876 - 5.000 0.57
-----------------------
5.126 - 5.250 0.29
-----------------------
5.376 - 5.500 0.38
-----------------------
5.626 - 5.750 0.63
-----------------------
5.876 - 6.000 0.22
-----------------------
Total: 100.00%
-----------------------
W.A.: 4.463
Lowest: 4.000
Highest: 6.000
--------------------------------------------------------------------------------
6. Credit Score*
-----------------------
Credit Score* Percent
-----------------------
801 - 850 0.45%
-----------------------
751 - 800 44.42
-----------------------
701 - 750 40.11
-----------------------
651 - 700 13.43
-----------------------
601 - 650 1.60
-----------------------
Total: 100.00%
-----------------------
W.A.: 739
Lowest: 627
Highest: 810
--------------------------------------------------------------------------------
7. PMI Providers
-----------------------
PMI Providers Percent
-----------------------
NONE 99.77%
-----------------------
GEMIC 0.23
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
8. Product Type
--------------------------
Product Type Percent
--------------------------
3/27 12 MO LIBOR 99.75%
--------------------------
3/12 12 MO LIBOR 0.25
--------------------------
Total: 100.00%
--------------------------
--------------------------------------------------------------------------------
9. Index
----------------
Index Percent
----------------
12ML 100.00%
----------------
Total: 100.00%
----------------
--------------------------------------------------------------------------------
10. Loan Purpose
-----------------------------
Loan Purpose Percent
-----------------------------
Refinance-Rate/Term 73.30%
-----------------------------
Purchase 15.91
-----------------------------
Refinance-Cashout 10.79
-----------------------------
Total: 100.00%
-----------------------------
--------------------------------------------------------------------------------
11. Loan Type
----------------------
Loan Type Percent
----------------------
CONVENTIONAL 100.00%
----------------------
Total: 100.00%
----------------------
--------------------------------------------------------------------------------
12. Property Type
-----------------------
Property Type Percent
-----------------------
SFR 68.55%
-----------------------
PUD Detach 21.13
-----------------------
Condo 7.47
-----------------------
PUD Attach 1.91
-----------------------
2-Family 0.94
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
13. Occupancy Status
--------------------------
Occupancy Status Percent
--------------------------
Primary 93.32%
--------------------------
Secondary 5.21
--------------------------
Investor 1.47
--------------------------
Total: 100.00%
--------------------------
--------------------------------------------------------------------------------
14. Documentation
------------------------
Documentation Percent
------------------------
Rapid 65.04%
------------------------
Standard 17.51
------------------------
Reduced 13.95
------------------------
All Ready Home 3.49
------------------------
Total: 100.00%
------------------------
--------------------------------------------------------------------------------
15. State
------------------------
State Percent
------------------------
California 73.23%
------------------------
Illinois 7.58
------------------------
North Carolina 2.20
------------------------
Massachusetts 2.07
------------------------
South Carolina 1.97
------------------------
Other 12.95
------------------------
Total: 100.00%
------------------------
--------------------------------------------------------------------------------
16. Zip Code
------------------
Zip Code Percent
------------------
95014 6.35%
------------------
95070 3.02
------------------
94539 2.85
------------------
95120 2.63
------------------
94087 2.47
------------------
Other 82.68
------------------
Total: 100.00%
------------------
17. OLTV
-----------------------
OLTV Percent
-----------------------
*= 20.00 0.75%
-----------------------
25.01 - 30.00 1.83
-----------------------
30.01 - 35.00 1.00
-----------------------
35.01 - 40.00 1.81
-----------------------
40.01 - 45.00 3.91
-----------------------
45.01 - 50.00 6.65
-----------------------
50.01 - 55.00 7.08
-----------------------
55.01 - 60.00 9.63
-----------------------
60.01 - 65.00 8.61
-----------------------
65.01 - 70.00 14.80
-----------------------
70.01 - 75.00 11.90
-----------------------
75.01 - 80.00 31.78
-----------------------
80.01 - 85.00 0.23
-----------------------
Total: 100.00%
-----------------------
W.A.: 65.43%
Lowest: 15.85%
Highest: 85.00%
* denotes less than
--------------------------------------------------------------------------------
18. Cut-Off LTV
-----------------------
Cut-Off LTV Percent
-----------------------
*= 20.00 0.75%
-----------------------
25.01 - 30.00 1.83
-----------------------
30.01 - 35.00 1.00
-----------------------
35.01 - 40.00 1.81
-----------------------
40.01 - 45.00 4.20
-----------------------
45.01 - 50.00 6.35
-----------------------
50.01 - 55.00 7.08
-----------------------
55.01 - 60.00 9.63
-----------------------
60.01 - 65.00 8.61
-----------------------
65.01 - 70.00 14.80
-----------------------
70.01 - 75.00 12.08
-----------------------
75.01 - 80.00 31.61
-----------------------
80.01 - 85.00 0.23
-----------------------
Total: 100.00%
W.A.: 65.35%
Lowest: 15.82%
Highest: 85.00%
* denotes less than
--------------------------------------------------------------------------------
19. Delinquency*
----------------------
Delinquency* Percent
----------------------
0-29 days 100.00%
----------------------
Total: 100.00%
----------------------
* MBA method
--------------------------------------------------------------------------------
20. Times 30 Days
-----------------------
Times 30 Days Percent
-----------------------
0 98.90%
-----------------------
1 1.10
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
21. Convertible Flag
--------------------------
Convertible Flag Percent
--------------------------
N 100.00%
--------------------------
Total: 100.00%
--------------------------
--------------------------------------------------------------------------------
22. Prepay Flag
---------------------
Prepay Flag Percent
---------------------
N 100.00%
---------------------
Total: 100.00%
---------------------
--------------------------------------------------------------------------------
23. Prepay Penalty Term
Prepay Penalty Term Percent
------------------------------
0 100.00%
------------------------------
Total: 100.00%
------------------------------
W.A.: 0.0
Lowest: 0
Highest: 0
--------------------------------------------------------------------------------
24. Remaining Prepayment Term
-----------------------------------
Remaining Prepayment Term Percent
-----------------------------------
0 100.00%
-----------------------------------
Total: 100.00%
-----------------------------------
--------------------------------------------------------------------------------
25. Buydown Agreement
---------------------------
Buydown Agreement Percent
---------------------------
N 100.00%
---------------------------
Total: 100.00%
---------------------------
--------------------------------------------------------------------------------
26. Original Term
-----------------------
Original Term Percent
-----------------------
180 0.25%
-----------------------
360 99.75
-----------------------
Total: 100.00%
-----------------------
W.A.: 359.5 months
Lowest: 180 months
Highest: 360 months
--------------------------------------------------------------------------------
27. Scheduled Remaining Term
----------------------------------
Scheduled Remaining Term Percent
----------------------------------
175 - 180 0.25%
----------------------------------
349 - 354 1.31
----------------------------------
355 - 360 98.44
----------------------------------
Total: 100.00%
----------------------------------
W.A.: 358.8 months
Lowest: 180 months
Highest: 360 months
--------------------------------------------------------------------------------
28. Cut-Off Loan Age
--------------------------
Cut-Off Loan Age Percent
--------------------------
= 0 33.61%
--------------------------
1 - 6 65.08
--------------------------
7 - 12 1.31
--------------------------
Total: 100.00%
--------------------------
W.A.: 0.8 months
Lowest: 0 months
Highest: 10 months
--------------------------------------------------------------------------------
29. Gross Margin
----------------------
Gross Margin Percent
----------------------
2.250 100.00%
----------------------
Total: 100.00%
----------------------
W.A.: 2.250%
Lowest: 2.250%
Highest: 2.250%
--------------------------------------------------------------------------------
30. Initial Cap (ARMs)
----------------------------
Initial Cap (ARMs) Percent
----------------------------
2.000 100.00%
----------------------------
Total: 100.00%
----------------------------
W.A.: 2.000%
Lowest: 2.000%
Highest: 2.000%
--------------------------------------------------------------------------------
31. Periodic Cap (ARMs)
-----------------------------
Periodic Cap (ARMs) Percent
-----------------------------
2.000 100.00%
-----------------------------
Total: 100.00%
-----------------------------
W.A.: 2.000%
Lowest: 2.000%
Highest: 2.000%
--------------------------------------------------------------------------------
32. Maximum Rate (ARMs)
-----------------------------
Maximum Rate (ARMs) Percent
-----------------------------
9.001 - 10.000 1.74%
-----------------------------
10.001 - 11.000 96.74
-----------------------------
11.001 - 12.000 1.52
-----------------------------
Total: 100.00%
-----------------------------
W.A.: 10.463%
Lowest: 10.000%
Highest: 12.000%
--------------------------------------------------------------------------------
33. Cutoff Rollterm
-------------------------
Cutoff Rollterm Percent
-------------------------
25 - 30 1.31%
-------------------------
31 - 36 98.69
-------------------------
Total: 100.00%
-------------------------
W.A.: 35.2 months
Lowest: 26 months
Highest: 36 months
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Banc of America Securities LLC
--------------------------------------------------------------------------------
This Structural Term Sheet, Collateral Term Sheet, or Computational Materials,
as appropriate (the "material"), is for your private information, and Banc of
America Securities LLC (the "Underwriter") is not soliciting any action based
upon it. This material is not to be construed as an offer to sell or the
solicitation of any offer to buy any security in any jurisdiction where such an
offer or solicitation would be illegal. This material is based on information
that the Underwriter considers reliable, but the Underwriter does not represent
that it is accurate or complete, and it should not be relied upon as such. By
accepting this material, the recipient agrees that it will not distribute or
provide the material to any other person. The information contained in this
material may pertain to securities that ultimately are not sold. The information
contained in this material may be based on assumptions regarding market
conditions and other matters as reflected herein. The Underwriter makes no
representation regarding the reasonableness of such assumptions, or the
likelihood that any of such assumptions will coincide with actual market
conditions or events, and this material should not be relied upon for such
purposes. The Underwriter and its affiliates, officers, directors, partners and
employees, including persons involved in the preparation or issuance of this
material may, from time to time, have long or short positions in, and/or buy and
sell, the securities mentioned therein or derivatives thereof (including
options). This material may be filed with the Securities and Exchange Commission
(the "SEC"), and incorporated by reference into an effective registration
statement previously filed with the SEC under Rule 415 of the Securities Act of
1933, including all cases where the material does not pertain to securities that
are ultimately offered for sale pursuant to such registration statement.
Information contained in this material is current as of the date appearing on
this material only. Information in this material regarding any assets backing
any securities discussed herein supersedes all prior information regarding such
assets. Any information in the material, whether regarding the assets backing
any securities discussed herein or otherwise, will be superseded by the
information contained in any final prospectus for any securities actually sold
to you. This material is furnished solely by the Underwriter and not by the
issuer of the securities. The issuer of the securities has not prepared,
reviewed or participated in the preparation of this material, is not responsible
for the accuracy of this material and has not authorized the dissemination of
this material. The Underwriter is acting as underwriter and not as an agent for
the issuer in connection with the proposed transaction.
BoAMS 2003-E Group 2
5-1 ARMS & Net 5's with No Prepay Penalties
--------------------------------------------------------------------------------
1. Original Balance
---------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original Balance Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------
250,001 - 350,000 83 $28,138,681 4.22% $ 339,230 4.898% 737 63.38% 358 357 1
---------------------------------------------------------------------------------------------------------------------------
350,001 - 450,000 446 179,477,746 26.93 402,754 4.904 744 67.13 359 358 1
---------------------------------------------------------------------------------------------------------------------------
450,001 - 550,000 283 140,708,778 21.11 497,672 4.865 743 67.63 359 358 1
---------------------------------------------------------------------------------------------------------------------------
550,001 - 650,000 190 114,577,064 17.19 603,390 4.882 744 62.56 360 359 1
---------------------------------------------------------------------------------------------------------------------------
650,001 - 750,000 117 83,148,244 12.47 711,150 4.897 745 63.79 360 359 1
---------------------------------------------------------------------------------------------------------------------------
750,001 - 850,000 32 25,467,040 3.82 796,116 4.866 736 60.71 360 359 1
---------------------------------------------------------------------------------------------------------------------------
850,001 - 950,000 41 37,008,028 5.55 903,266 5.028 748 60.16 349 348 1
---------------------------------------------------------------------------------------------------------------------------
950,001 - 1,050,000 50 49,657,597 7.45 993,715 4.925 739 56.46 360 359 1
---------------------------------------------------------------------------------------------------------------------------
1,050,001 - 1,150,000 1 1,120,000 0.17 1,120,000 3.250 786 80.00 360 360 0
---------------------------------------------------------------------------------------------------------------------------
1,150,001 - 1,250,000 6 7,226,142 1.08 1,205,250 4.936 753 58.67 360 359 1
---------------------------------------------------------------------------------------------------------------------------
Total: 1,249 $666,529,320 100.00% $ 534,044 4.896% 744 64.38% 359 358 1
---------------------------------------------------------------------------------------------------------------------------
Average: $534,044.34
Lowest: $322,701.00
Highest: $1,236,000.00
--------------------------------------------------------------------------------
2. Gross Coupon
-----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Gross Coupon Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
-------------------------------------------------------------------------------------------------------------------------------
3.126 - 3.250 1 $ 1,120,000 0.17% $1,120,000 3.250% 786 80.00% 360 360 0
-------------------------------------------------------------------------------------------------------------------------------
3.376 - 3.500 1 479,245 0.07 480,000 3.500 730 80.00 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
3.501 - 3.625 1 431,235 0.06 431,900 3.625 696 67.28 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
3.626 - 3.750 5 2,243,322 0.34 449,240 3.750 762 78.59 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
3.876 - 4.000 4 1,900,866 0.29 475,500 4.000 763 65.53 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
4.001 - 4.125 8 5,015,087 0.75 627,446 4.125 749 74.57 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
4.126 - 4.250 24 12,431,205 1.87 518,590 4.250 742 64.72 347 347 0
-------------------------------------------------------------------------------------------------------------------------------
4.251 - 4.375 20 10,952,904 1.64 548,183 4.375 748 65.79 352 352 1
-------------------------------------------------------------------------------------------------------------------------------
4.376 - 4.500 99 54,075,518 8.11 546,617 4.500 747 65.42 356 355 1
-------------------------------------------------------------------------------------------------------------------------------
4.501 - 4.625 113 61,789,002 9.27 547,157 4.625 745 65.10 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
4.626 - 4.750 187 97,173,352 14.58 520,009 4.750 746 64.82 359 359 1
-------------------------------------------------------------------------------------------------------------------------------
4.751 - 4.875 233 121,499,832 18.23 521,767 4.875 744 64.79 359 359 1
-------------------------------------------------------------------------------------------------------------------------------
4.876 - 5.000 196 103,151,969 15.48 526,754 5.000 749 62.95 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
5.001 - 5.125 145 78,391,673 11.76 540,992 5.125 741 64.40 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
5.126 - 5.250 113 60,276,313 9.04 533,859 5.250 738 62.64 357 356 1
-------------------------------------------------------------------------------------------------------------------------------
5.251 - 5.375 71 39,078,840 5.86 550,796 5.375 734 63.69 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
5.376 - 5.500 21 12,605,861 1.89 600,909 5.500 718 64.46 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
5.501 - 5.625 4 2,178,397 0.33 545,080 5.625 712 35.72 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
5.626 - 5.750 2 1,335,100 0.20 667,550 5.750 748 73.71 360 360 0
------------------------------------------------------------------------------------------------------------------------------
5.876 - 6.000 1 399,602 0.06 400,000 6.000 640 70.42 360 359 1
------------------------------------------------------------------------------------------------------------------------------
Total: 1,249 $666,529,320 100.00% $ 534,044 4.896% 744 64.38% 359 358 1
------------------------------------------------------------------------------------------------------------------------------
W.A.: 4.896%
Lowest: 3.250%
Highest: 6.000%
--------------------------------------------------------------------------------
3. Credit Score
---------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Credit Score Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------
800 - 824 28 $ 14,379,496 2.16% $513,980 4.902% 805 58.41% 354 354 1
---------------------------------------------------------------------------------------------------------------------------
775 - 799 236 125,337,044 18.80 531,494 4.864 785 60.80 360 359 1
---------------------------------------------------------------------------------------------------------------------------
750 - 774 368 197,252,195 29.59 536,429 4.881 762 64.06 360 359 1
---------------------------------------------------------------------------------------------------------------------------
725 - 749 262 141,493,906 21.23 540,422 4.883 738 65.63 356 356 1
---------------------------------------------------------------------------------------------------------------------------
700 - 724 189 103,202,957 15.48 546,427 4.903 712 66.66 360 359 1
---------------------------------------------------------------------------------------------------------------------------
675 - 699 101 52,003,062 7.80 515,206 4.987 688 66.55 358 358 1
---------------------------------------------------------------------------------------------------------------------------
650 - 674 42 22,807,980 3.42 543,547 4.976 664 66.57 357 356 1
---------------------------------------------------------------------------------------------------------------------------
625 - 649 17 7,671,685 1.15 451,644 5.033 636 65.46 360 359 1
---------------------------------------------------------------------------------------------------------------------------
600 - 624 4 1,695,980 0.25 424,325 5.302 622 66.46 360 359 1
---------------------------------------------------------------------------------------------------------------------------
N/A 2 685,013 0.10 342,996 4.061 0 80.00 360 359 1
---------------------------------------------------------------------------------------------------------------------------
Total: 1,249 $666,529,320 100.00% $534,044 4.896% 744 64.38% 359 358 1
---------------------------------------------------------------------------------------------------------------------------
W.A.: 744
Lowest: 620
Highest: 821
--------------------------------------------------------------------------------
4. Index
---------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Index Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------
12ML 1,249 $666,529,320 100.00% $534,044 4.896% 744 64.38% 359 358 1
---------------------------------------------------------------------------------------------------------------------
Total: 1,249 $666,529,320 100.00% $534,044 4.896% 744 64.38% 359 358 1
---------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5. Loan Purpose
----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Loan Purpose Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------
R/T Refi 852 $468,445,490 70.28% $550,254 4.918% 744 62.56% 359 358 1
----------------------------------------------------------------------------------------------------------------------------
Purchase 218 112,191,215 16.83 514,998 4.772 746 75.54 359 358 1
----------------------------------------------------------------------------------------------------------------------------
C/O Refi 179 85,892,615 12.89 480,087 4.935 735 59.74 359 359 1
----------------------------------------------------------------------------------------------------------------------------
Total: 1,249 $666,529,320 100.00% $534,044 4.896% 744 64.38% 359 358 1
----------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6. Property Type
-----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Property Type Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
-----------------------------------------------------------------------------------------------------------------------------
SFR 818 $449,234,508 67.40% $549,620 4.915% 744 62.77% 358 358 1
-----------------------------------------------------------------------------------------------------------------------------
PUD Detach 294 151,437,231 22.72 515,413 4.809 743 66.30 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
Condo 102 49,742,749 7.46 487,993 4.962 745 71.95 358 357 1
-----------------------------------------------------------------------------------------------------------------------------
PUD Attach 28 12,637,223 1.90 451,575 4.917 740 69.69 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
3-Family 2 1,274,501 0.19 638,000 5.132 733 52.15 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
Townhouse 3 1,245,512 0.19 415,533 4.878 760 73.28 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
2-Family 2 957,595 0.14 479,500 5.188 725 59.51 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
Total: 1,249 $666,529,320 100.00% $534,044 4.896% 744 64.38% 359 358 1
-----------------------------------------------------------------------------------------------------------------------------
7. Occupancy Status
--------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Occupancy Status Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
--------------------------------------------------------------------------------------------------------------------------------
Primary 1,181 $628,845,146 94.35% $532,866 4.892% 743 64.52% 359 358 1
--------------------------------------------------------------------------------------------------------------------------------
Secondary 63 35,688,771 5.35 566,818 4.938 753 62.30 358 357 1
--------------------------------------------------------------------------------------------------------------------------------
Investor 5 1,995,403 0.30 399,300 5.306 724 58.52 360 360 0
--------------------------------------------------------------------------------------------------------------------------------
Total: 1,249 $666,529,320 100.00% $534,044 4.896% 744 64.38% 359 358 1
--------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
8. Geographic Distribution
-----------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Geographic Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Distribution Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
-----------------------------------------------------------------------------------------------------------------------------------
California 919 $487,319,063 73.11% $530,657 4.911% 744 64.35% 359 358 1
-----------------------------------------------------------------------------------------------------------------------------------
Illinois 75 43,002,086 6.45 573,819 4.837 748 63.12 355 354 1
-----------------------------------------------------------------------------------------------------------------------------------
Florida 35 19,339,476 2.90 552,993 4.870 738 69.12 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
North Carolina 16 10,931,117 1.64 683,534 4.596 755 61.54 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Arizona 18 10,423,221 1.56 579,391 4.985 741 65.41 352 352 1
-----------------------------------------------------------------------------------------------------------------------------------
Maryland 21 9,769,058 1.47 465,425 4.917 729 63.24 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Colorado 16 8,844,833 1.33 553,416 4.939 748 58.40 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Washington 14 7,552,618 1.13 539,900 4.859 747 65.77 352 352 1
-----------------------------------------------------------------------------------------------------------------------------------
Massachusetts 13 6,687,408 1.00 514,769 5.017 741 58.56 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Nevada 10 6,044,080 0.91 604,740 5.031 757 63.66 360 360 0
-----------------------------------------------------------------------------------------------------------------------------------
Connecticut 9 5,791,521 0.87 643,889 4.773 720 57.22 360 360 0
-----------------------------------------------------------------------------------------------------------------------------------
Georgia 13 5,741,956 0.86 442,081 4.652 730 70.30 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Virginia 11 5,143,281 0.77 467,861 4.877 711 71.06 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Texas 11 4,812,014 0.72 438,025 4.895 738 75.39 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
South Carolina 9 4,066,746 0.61 452,285 4.898 740 63.54 360 360 0
-----------------------------------------------------------------------------------------------------------------------------------
Minnesota 7 3,653,717 0.55 522,386 4.768 735 65.25 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Michigan 5 2,970,092 0.45 595,680 4.786 744 62.75 360 360 0
-----------------------------------------------------------------------------------------------------------------------------------
Tennessee 6 2,952,885 0.44 492,545 4.986 726 64.28 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Missouri 5 2,551,452 0.38 510,590 4.790 729 64.91 360 360 0
-----------------------------------------------------------------------------------------------------------------------------------
District of Columbia 5 2,215,941 0.33 443,724 4.983 763 61.98 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Other 31 16,716,755 2.51 539,517 4.811 743 65.78 359 358 1
-----------------------------------------------------------------------------------------------------------------------------------
Total: 1,249 $666,529,320 100.00% $534,044 4.896% 744 64.38% 359 358 1
-----------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
9. County Distribution
----------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
County Distribution Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------------
SANTA ▇▇▇▇▇ 235 $122,170,561 18.33% $520,313 4.862% 751 64.83% 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
ORANGE 108 59,729,854 8.96 553,374 4.919 729 62.25 357 357 1
----------------------------------------------------------------------------------------------------------------------------------
LOS ANGELES 99 57,362,179 8.61 580,087 4.932 739 63.04 359 358 1
----------------------------------------------------------------------------------------------------------------------------------
SAN MATEO 83 47,477,846 7.12 572,417 4.959 755 62.19 356 355 1
----------------------------------------------------------------------------------------------------------------------------------
ALAMEDA 81 38,621,603 5.79 477,164 4.931 742 65.90 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
SAN DIEGO 77 38,230,651 5.74 496,743 4.841 752 62.32 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
SAN FRANCISCO 49 25,830,749 3.88 527,573 5.017 736 70.07 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
CONTRA COSTA 50 25,827,043 3.87 516,788 4.964 738 65.80 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
COOK 45 25,215,166 3.78 560,707 4.886 748 64.99 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
MARIN 29 16,644,981 2.50 574,222 4.970 744 64.33 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
Other 393 209,418,687 31.42 533,257 4.859 742 64.74 358 357 1
----------------------------------------------------------------------------------------------------------------------------------
Total: 1,249 $666,529,320 100.00% $534,044 4.896% 744 64.38% 359 358 1
----------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
10. Original LTV
-----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original LTV Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
-----------------------------------------------------------------------------------------------------------------------------
10.01 - 15.00 5 $ 2,130,701 0.32% $426,140 4.640% 765 13.36% 360 360 0
-----------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00 4 2,346,007 0.35 586,875 5.313 768 17.00 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00 12 7,207,637 1.08 601,119 5.015 739 22.55 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00 16 9,921,945 1.49 620,333 5.060 761 28.11 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 17 10,785,065 1.62 635,135 4.914 758 33.11 321 320 1
-----------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 33 18,893,943 2.83 573,002 4.894 766 37.97 359 358 1
-----------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 55 31,085,345 4.66 565,493 4.899 755 42.67 358 357 1
-----------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 66 38,449,556 5.77 582,910 4.987 739 47.80 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 72 39,144,275 5.87 544,015 4.908 747 52.69 358 357 1
-----------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 97 53,232,953 7.99 549,121 4.902 743 57.89 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 118 65,737,762 9.86 557,517 4.866 747 62.69 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 212 114,389,387 17.16 539,969 4.876 741 68.15 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 171 94,494,032 14.18 552,973 4.940 744 73.23 359 359 1
-----------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 363 175,551,105 26.34 484,041 4.855 738 79.17 359 359 1
-----------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 7 2,784,273 0.42 398,164 4.738 709 89.01 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 1 375,334 0.06 377,150 4.625 763 95.00 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
Total: 1,249 $666,529,320 100.00% $534,044 4.896% 744 64.38% 359 358 1
-----------------------------------------------------------------------------------------------------------------------------
W.A.: 64.38%
Lowest: 10.29%
Highest: 95.00%
--------------------------------------------------------------------------------
11. Original Term
----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original Term Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------
120 2 $ 1,743,114 0.26% $874,500 4.870% 736 32.76% 120 119 1
----------------------------------------------------------------------------------------------------------------------------
180 4 1,668,852 0.25 418,863 4.384 725 64.56 180 179 1
----------------------------------------------------------------------------------------------------------------------------
240 1 472,830 0.07 474,000 4.875 736 75.84 240 239 1
----------------------------------------------------------------------------------------------------------------------------
300 3 1,093,720 0.16 365,187 5.000 749 54.21 300 299 1
----------------------------------------------------------------------------------------------------------------------------
360 1,239 661,550,803 99.25 534,324 4.897 744 64.47 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Total: 1,249 $666,529,320 100.00% $534,044 4.896% 744 64.38% 359 358 1
----------------------------------------------------------------------------------------------------------------------------
W.A.: 358.7 months
Lowest: 120 months
Highest: 360 months
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Banc of America Securities LLC
--------------------------------------------------------------------------------
This Structural Term Sheet, Collateral Term Sheet, or Computational Materials,
as appropriate (the "material"), is for your private information, and Banc of
America Securities LLC (the "Underwriter") is not soliciting any action based
upon it. This material is not to be construed as an offer to sell or the
solicitation of any offer to buy any security in any jurisdiction where such an
offer or solicitation would be illegal. This material is based on information
that the Underwriter considers reliable, but the Underwriter does not represent
that it is accurate or complete, and it should not be relied upon as such. By
accepting this material, the recipient agrees that it will not distribute or
provide the material to any other person. The information contained in this
material may pertain to securities that ultimately are not sold. The information
contained in this material may be based on assumptions regarding market
conditions and other matters as reflected herein. The Underwriter makes no
representation regarding the reasonableness of such assumptions, or the
likelihood that any of such assumptions will coincide with actual market
conditions or events, and this material should not be relied upon for such
purposes. The Underwriter and its affiliates, officers, directors, partners and
employees, including persons involved in the preparation or issuance of this
material may, from time to time, have long or short positions in, and/or buy and
sell, the securities mentioned therein or derivatives thereof (including
options). This material may be filed with the Securities and Exchange Commission
(the "SEC"), and incorporated by reference into an effective registration
statement previously filed with the SEC under Rule 415 of the Securities Act of
1933, including all cases where the material does not pertain to securities that
are ultimately offered for sale pursuant to such registration statement.
Information contained in this material is current as of the date appearing on
this material only. Information in this material regarding any assets backing
any securities discussed herein supersedes all prior information regarding such
assets. Any information in the material, whether regarding the assets backing
any securities discussed herein or otherwise, will be superseded by the
information contained in any final prospectus for any securities actually sold
to you. This material is furnished solely by the Underwriter and not by the
issuer of the securities. The issuer of the securities has not prepared,
reviewed or participated in the preparation of this material, is not responsible
for the accuracy of this material and has not authorized the dissemination of
this material. The Underwriter is acting as underwriter and not as an agent for
the issuer in connection with the proposed transaction.
BoAMS 2003-E Group 2
5-1 ARMS & Net 5's with No Prepay Penalties
Collateral Summary Report
--------------------------------------------------------------------------------
1. General Pool Characteristics
Pool Size: $666,529,319.58
Loan Count: 1,249
Cut-off Date: 2003-05-01
Avg. Loan Balance: $533,650.38
Avg. Orig. Balance: $534,044.34
W.A. FICO*: 744
W.A. Orig. LTV: 64.38%
W.A. Cut-Off LTV: 64.33%
W.A. Gross Coupon: 4.896%
W.A. Net Coupon: 4.204%
W.A. Servicing Fee: 0.689%
W.A. Orig. Term: 359 months
W.A. Rem. Term: 358 months
W.A. Age: 1 months
% over 80 COLTV: 0.47%
% over 100 COLTV: 0.00%
% with PMI: 0.47%
% over 80 with PMI: 100.00%
W.A. MI Coverage: 25.59%
W.A. MI Adjusted LTV: 64.22%
% Second Lien: 0.00%
% with Prepay Penalty: 0.00%
% Balloon: 0.00%
Max. Zipcode Conc.: 2.33%
* FICO not available for 2 loans, or 0.1% of the aggregate pool balance.
--------------------------------------------------------------------------------
2. Original Balance
-------------------------------
Original Balance Percent
-------------------------------
250,001 - 350,000 4.22%
-------------------------------
350,001 - 450,000 26.93
-------------------------------
450,001 - 550,000 21.11
-------------------------------
550,001 - 650,000 17.19
-------------------------------
650,001 - 750,000 12.47
-------------------------------
750,001 - 850,000 3.82
-------------------------------
850,001 - 950,000 5.55
-------------------------------
950,001 - 1,050,000 7.45
-------------------------------
1,050,001 - 1,150,000 0.17
-------------------------------
1,150,001 - 1,250,000 1.08
-------------------------------
Total: 100.00%
-------------------------------
Average: $534,044.34
Lowest: $322,701.00
Highest: $1,236,000.00
--------------------------------------------------------------------------------
3. Cut-Off Balance
-------------------------------
Cut-Off Balance Percent
-------------------------------
300,001 - 400,000 17.25%
-------------------------------
400,001 - 500,000 27.00
-------------------------------
500,001 - 600,000 16.77
-------------------------------
600,001 - 700,000 13.34
-------------------------------
700,001 - 800,000 9.91
-------------------------------
800,001 - 900,000 4.80
-------------------------------
900,001 - 1,000,000 9.52
-------------------------------
1,000,001 - 1,100,000 0.16
-------------------------------
1,100,001 - 1,200,000 0.89
-------------------------------
1,200,001 - 1,300,000 0.37
-------------------------------
Total: 100.00%
-------------------------------
Average: 533,650.38
Lowest: 322,701.00
Highest: 1,236,000.00
--------------------------------------------------------------------------------
4. Lien Position
-----------------------
Lien Position Percent
-----------------------
1 100.00%
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
5. Coupon
-----------------------
Coupon Percent
-----------------------
3.126 - 3.250 0.17%
-----------------------
3.376 - 3.500 0.07
-----------------------
3.501 - 3.625 0.06
-----------------------
3.626 - 3.750 0.34
-----------------------
3.876 - 4.000 0.29
-----------------------
4.001 - 4.125 0.75
-----------------------
4.126 - 4.250 1.87
-----------------------
4.251 - 4.375 1.64
-----------------------
4.376 - 4.500 8.11
-----------------------
4.501 - 4.625 9.27
-----------------------
4.626 - 4.750 14.58
-----------------------
4.751 - 4.875 18.23
-----------------------
4.876 - 5.000 15.48
-----------------------
5.001 - 5.125 11.76
-----------------------
5.126 - 5.250 9.04
-----------------------
5.251 - 5.375 5.86
-----------------------
5.376 - 5.500 1.89
-----------------------
5.501 - 5.625 0.33
-----------------------
5.626 - 5.750 0.20
-----------------------
5.876 - 6.000 0.06
-----------------------
Total: 100.00%
-----------------------
W.A.: 4.896
Lowest: 3.250
Highest: 6.000
--------------------------------------------------------------------------------
6. Credit Score*
-----------------------
Credit Score* Percent
-----------------------
801 - 850 1.87%
-----------------------
751 - 800 47.68
-----------------------
701 - 750 37.11
-----------------------
651 - 700 11.84
-----------------------
601 - 650 1.41
-----------------------
= 0 0.10
-----------------------
Total: 100.00%
-----------------------
W.A.: 744
Lowest: 620
Highest: 821
--------------------------------------------------------------------------------
7. PMI Providers
-----------------------
PMI Providers Percent
-----------------------
NONE 99.53%
-----------------------
GEMIC 0.29
-----------------------
UGIC 0.11
-----------------------
RMIC 0.07
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
8. Product Type
----------------------------
Product Type Percent
----------------------------
5/25 12 MO LIBOR 71.29%
----------------------------
5YR IO 12 MO LIBOR 27.96
----------------------------
5/5 12 MO LIBOR 0.26
----------------------------
----------------------------
5/10 12 MO LIBOR 0.25
----------------------------
5/20 12 MO LIBOR 0.16
----------------------------
5/15 12 MO LIBOR 0.07
----------------------------
Total: 100.00%
----------------------------
--------------------------------------------------------------------------------
9. Index
----------------
Index Percent
----------------
12ML 100.00%
----------------
Total: 100.00%
----------------
--------------------------------------------------------------------------------
10. Loan Purpose
----------------------
Loan Purpose Percent
----------------------
R/T Refi 70.28%
----------------------
Purchase 16.83
----------------------
C/O Refi 12.89
----------------------
Total: 100.00%
----------------------
--------------------------------------------------------------------------------
11. Loan Type
----------------------
Loan Type Percent
----------------------
CONVENTIONAL 100.00%
----------------------
Total: 100.00%
----------------------
--------------------------------------------------------------------------------
12. Property Type
-----------------------
Property Type Percent
-----------------------
SFR 67.40%
-----------------------
PUD Detach 22.72
-----------------------
Condo 7.46
-----------------------
-----------------------
PUD Attach 1.90
-----------------------
3-Family 0.19
-----------------------
Townhouse 0.19
-----------------------
2-Family 0.14
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
13. Occupancy Status
--------------------------
Occupancy Status Percent
--------------------------
Primary 94.35%
--------------------------
Secondary 5.35
--------------------------
Investor 0.30
--------------------------
Total: 100.00%
--------------------------
--------------------------------------------------------------------------------
14. Documentation
------------------------
Documentation Percent
------------------------
Rapid 64.53%
------------------------
Standard 18.78
------------------------
Reduced 13.87
------------------------
All Ready Home 2.83
------------------------
Total: 100.00%
------------------------
--------------------------------------------------------------------------------
15. State
------------------------
State Percent
------------------------
California 73.11%
------------------------
Illinois 6.45
------------------------
Florida 2.90
------------------------
North Carolina 1.64
------------------------
Arizona 1.56
------------------------
Other 14.33
------------------------
------------------------
Total: 100.00%
------------------------
--------------------------------------------------------------------------------
16. Zip Code
------------------
Zip Code Percent
------------------
95014 2.33%
------------------
95070 1.83
------------------
94010 1.35
------------------
94539 1.32
------------------
94087 1.16
------------------
Other 92.02
------------------
Total: 100.00%
------------------
--------------------------------------------------------------------------------
17. OLTV
-----------------------
OLTV Percent
-----------------------
*= 20.00 0.67%
-----------------------
20.01 - 25.00 1.08
-----------------------
25.01 - 30.00 1.49
-----------------------
30.01 - 35.00 1.62
-----------------------
35.01 - 40.00 2.83
-----------------------
40.01 - 45.00 4.66
-----------------------
45.01 - 50.00 5.77
-----------------------
50.01 - 55.00 5.87
-----------------------
55.01 - 60.00 7.99
-----------------------
60.01 - 65.00 9.86
-----------------------
65.01 - 70.00 17.16
-----------------------
70.01 - 75.00 14.18
-----------------------
75.01 - 80.00 26.34
-----------------------
85.01 - 90.00 0.42
-----------------------
90.01 - 95.00 0.06
-----------------------
Total: 100.00%
-----------------------
* denotes less than
W.A.: 64.38%
Lowest: 10.29%
Highest: 95.00%
--------------------------------------------------------------------------------
18. Cut-Off LTV
-----------------------
Cut-Off LTV Percent
-----------------------
*= 20.00 0.67%
-----------------------
20.01 - 25.00 1.08
-----------------------
25.01 - 30.00 1.49
-----------------------
30.01 - 35.00 1.62
-----------------------
35.01 - 40.00 2.93
-----------------------
40.01 - 45.00 4.57
-----------------------
45.01 - 50.00 5.77
-----------------------
50.01 - 55.00 5.87
-----------------------
55.01 - 60.00 7.99
-----------------------
60.01 - 65.00 10.01
-----------------------
65.01 - 70.00 17.08
-----------------------
70.01 - 75.00 14.18
-----------------------
75.01 - 80.00 26.27
-----------------------
85.01 - 90.00 0.42
-----------------------
90.01 - 95.00 0.06
-----------------------
Total: 100.00%
-----------------------
* denotes less than
W.A.: 64.33%
Lowest: 10.29%
Highest: 94.54%
--------------------------------------------------------------------------------
19. Delinquency*
----------------------
Delinquency* Percent
----------------------
0-29 days 100.00%
----------------------
Total: 100.00%
----------------------
* MBA method
--------------------------------------------------------------------------------
20. Times 30 Days
-----------------------
Times 30 Days Percent
-----------------------
0 100.00%
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
21. Convertible Flag
--------------------------
Convertible Flag Percent
--------------------------
N 99.79%
--------------------------
Y 0.21
--------------------------
Total: 100.00%
--------------------------
--------------------------------------------------------------------------------
22. Prepay Flag
---------------------
Prepay Flag Percent
---------------------
N 100.00%
---------------------
Total: 100.00%
---------------------
--------------------------------------------------------------------------------
23. Prepay Penalty Term
-----------------------------
Prepay Penalty Term Percent
-----------------------------
0 100.00%
-----------------------------
Total: 100.00%
-----------------------------
W.A.: 0.0
Lowest: 0
Highest: 0
--------------------------------------------------------------------------------
24. Remaining Prepayment Term
-----------------------------------
Remaining Prepayment Term Percent
-----------------------------------
-----------------------------------
0 100.00%
-----------------------------------
Total: 100.00%
-----------------------------------
--------------------------------------------------------------------------------
25. Buydown Agreement
---------------------------
Buydown Agreement Percent
---------------------------
N 100.00%
---------------------------
Total: 100.00%
---------------------------
--------------------------------------------------------------------------------
26. Original Term
------------------------
Original Term Percent
------------------------
120 0.26%
------------------------
180 0.25
------------------------
240 0.07
------------------------
300 0.16
------------------------
360 99.25
------------------------
Total: 100.00%
------------------------
W.A.: 358.7 months
Lowest: 120 months
Highest: 360 months
--------------------------------------------------------------------------------
27. Scheduled Remaining Term
----------------------------------
Scheduled Remaining Term Percent
----------------------------------
115 - 120 0.26%
----------------------------------
175 - 180 0.25
----------------------------------
235 - 240 0.07
----------------------------------
295 - 300 0.16
----------------------------------
355 - 360 99.25
----------------------------------
Total: 100.00%
----------------------------------
W.A.: 358.1 months
Lowest: 119 months
Highest: 360 months
--------------------------------------------------------------------------------
28. Cut-Off Loan Age
--------------------------
Cut-Off Loan Age Percent
--------------------------
= 0 32.72%
--------------------------
1 - 6 67.28
--------------------------
Total: 100.00%
--------------------------
W.A.: 0.7 months
Lowest: 0 months
Highest: 4 months
--------------------------------------------------------------------------------
29. Gross Margin
----------------------
Gross Margin Percent
----------------------
2.250 100.00%
----------------------
Total: 100.00%
----------------------
W.A.: 2.250%
Lowest: 2.250%
Highest: 2.250%
--------------------------------------------------------------------------------
30. Initial Cap (ARMs)
----------------------------
Initial Cap (ARMs) Percent
----------------------------
5.000 100.00%
----------------------------
Total: 100.00%
----------------------------
W.A.: 5.000%
Lowest: 5.000%
Highest: 5.000%
--------------------------------------------------------------------------------
31. Periodic Cap (ARMs)
-----------------------------
Periodic Cap (ARMs) Percent
-----------------------------
2.000 100.00%
-----------------------------
Total: 100.00%
-----------------------------
W.A.: 2.000%
Lowest: 2.000%
Highest: 2.000%
--------------------------------------------------------------------------------
32. Maximum Rate (ARMs)
-----------------------------
Maximum Rate (ARMs) Percent
-----------------------------
8.001 - 9.000 0.93%
-----------------------------
9.001 - 10.000 69.93
-----------------------------
10.001 - 11.000 29.15
-----------------------------
Total: 100.00%
-----------------------------
W.A.: 9.896%
Lowest: 8.250%
Highest: 11.000%
--------------------------------------------------------------------------------
33. Cutoff Rollterm
-------------------------
Cutoff Rollterm Percent
-------------------------
55 - 60 100.00%
-------------------------
Total: 100.00%
-------------------------
W.A.: 59.3 months
Lowest: 56 months
Highest: 60 months
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Banc of America Securities LLC
--------------------------------------------------------------------------------
This Structural Term Sheet, Collateral Term Sheet, or Computational Materials,
as appropriate (the "material"), is for your private information, and Banc of
America Securities LLC (the "Underwriter") is not soliciting any action based
upon it. This material is not to be construed as an offer to sell or the
solicitation of any offer to buy any security in any jurisdiction where such an
offer or solicitation would be illegal. This material is based on information
that the Underwriter considers reliable, but the Underwriter does
not represent that it is accurate or complete, and it should not be relied upon
as such. By accepting this material, the recipient agrees that it will not
distribute or provide the material to any other person. The information
contained in this material may pertain to securities that ultimately are not
sold. The information contained in this material may be based on assumptions
regarding market conditions and other matters as reflected herein. The
Underwriter makes no representation regarding the reasonableness of such
assumptions, or the likelihood that any of such assumptions will coincide with
actual market conditions or events, and this material should not be relied upon
for such purposes. The Underwriter and its affiliates, officers, directors,
partners and employees, including persons involved in the preparation or
issuance of this material may, from time to time, have long or short positions
in, and/or buy and sell, the securities mentioned therein or derivatives thereof
(including options). This material may be filed with the Securities and Exchange
Commission (the "SEC"), and incorporated by reference into an effective
registration statement previously filed with the SEC under Rule 415 of the
Securities Act of 1933, including all cases where the material does not pertain
to securities that are ultimately offered for sale pursuant to such registration
statement. Information contained in this material is current as of the date
appearing on this material only. Information in this material regarding any
assets backing any securities discussed herein supersedes all prior information
regarding such assets. Any information in the material, whether regarding the
assets backing any securities discussed herein or otherwise, will be superseded
by the information contained in any final prospectus for any securities actually
sold to you. This material is furnished solely by the Underwriter and not by the
issuer of the securities. The issuer of the securities has not prepared,
reviewed or participated in the preparation of this material, is not responsible
for the accuracy of this material and has not authorized the dissemination of
this material. The Underwriter is acting as underwriter and not as an agent for
the issuer in connection with the proposed transaction.
BoAMS 2003-E Group 3
Net 5's with PrePay Penalties
--------------------------------------------------------------------------------
1. Original Balance
---------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original Balance Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------------
250,001 - 350,000 8 $ 2,682,760 5.57% $335,520 5.329% 732 76.64% 360 357 3
---------------------------------------------------------------------------------------------------------------------------------
350,001 - 450,000 27 11,018,312 22.88 408,160 5.013 732 71.39 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
450,001 - 550,000 25 12,366,063 25.68 494,929 5.173 735 66.23 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
550,001 - 650,000 8 4,939,800 10.26 618,725 5.084 735 61.05 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
650,001 - 750,000 7 5,055,360 10.50 722,229 4.904 743 72.00 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
750,001 - 850,000 2 1,608,000 3.34 804,000 5.244 733 39.43 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
850,001 - 950,000 4 3,592,850 7.46 898,213 5.162 722 60.38 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
950,001 - 1,050,000 7 6,892,787 14.31 990,893 5.019 745 48.37 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
Total: 88 $48,155,932 100.00% $547,957 5.087% 735 64.17% 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
Average: $547,956.89
Lowest: $323,000.00
Highest: $1,000,000.00
--------------------------------------------------------------------------------
2. Gross Coupon
---------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Gross Coupon Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------
4.251 - 4.375 1 $ 750,000 1.56% $750,000 4.375% 730 62.50% 360 360 0
--------------------------------------------------------------------------------------------------------------------------
4.501 - 4.625 5 2,721,150 5.65 544,230 4.625 742 59.51 360 358 2
--------------------------------------------------------------------------------------------------------------------------
4.626 - 4.750 17 9,268,669 19.25 545,218 4.750 743 70.06 360 359 1
--------------------------------------------------------------------------------------------------------------------------
4.751 - 4.875 10 5,238,676 10.88 523,868 4.875 737 62.31 360 358 2
--------------------------------------------------------------------------------------------------------------------------
4.876 - 5.000 11 5,865,079 12.18 533,318 5.000 748 60.86 360 358 2
--------------------------------------------------------------------------------------------------------------------------
5.001 - 5.125 8 4,957,647 10.29 626,389 5.125 748 60.83 360 358 2
--------------------------------------------------------------------------------------------------------------------------
5.126 - 5.250 13 7,560,946 15.70 581,723 5.250 732 60.09 360 358 2
--------------------------------------------------------------------------------------------------------------------------
5.251 - 5.375 7 4,016,973 8.34 574,286 5.375 714 61.38 360 357 3
--------------------------------------------------------------------------------------------------------------------------
5.376 - 5.500 9 4,423,928 9.19 492,000 5.500 736 73.26 360 358 2
--------------------------------------------------------------------------------------------------------------------------
5.501 - 5.625 3 1,489,770 3.09 496,590 5.625 694 51.00 360 356 4
--------------------------------------------------------------------------------------------------------------------------
5.626 - 5.750 2 993,900 2.06 496,950 5.750 709 74.62 360 357 3
--------------------------------------------------------------------------------------------------------------------------
5.751 - 5.875 2 869,195 1.80 435,000 5.875 692 83.03 360 357 3
--------------------------------------------------------------------------------------------------------------------------
Total: 88 $48,155,932 100.00% $547,957 5.087% 735 64.17% 360 358 2
--------------------------------------------------------------------------------------------------------------------------
W.A.: 5.087%
Lowest: 4.375%
Highest: 5.875%
--------------------------------------------------------------------------------
3. Credit Score
--------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Credit Score Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
--------------------------------------------------------------------------------------------------------------------------
800 - 824 1 $ 389,600 0.81% $389,600 5.000% 802 80.00% 360 359 1
--------------------------------------------------------------------------------------------------------------------------
775 - 799 18 10,825,885 22.48 604,634 5.043 785 60.82 360 358 2
--------------------------------------------------------------------------------------------------------------------------
750 - 774 20 10,947,464 22.73 547,376 4.961 761 55.28 360 359 1
--------------------------------------------------------------------------------------------------------------------------
725 - 749 15 7,897,512 16.40 526,515 5.056 734 69.81 360 358 2
--------------------------------------------------------------------------------------------------------------------------
700 - 724 13 7,122,854 14.79 548,115 5.205 716 67.58 360 358 2
--------------------------------------------------------------------------------------------------------------------------
675 - 699 11 5,214,195 10.83 474,091 5.244 689 70.63 360 358 2
--------------------------------------------------------------------------------------------------------------------------
650 - 674 7 3,842,623 7.98 549,379 5.045 664 74.67 360 358 2
--------------------------------------------------------------------------------------------------------------------------
625 - 649 3 1,915,800 3.98 638,600 5.427 642 56.20 360 357 3
--------------------------------------------------------------------------------------------------------------------------
Total: 88 $48,155,932 100.00% $547,957 5.087% 735 64.17% 360 358 2
W.A.: 735
Lowest: 633
Highest: 802
--------------------------------------------------------------------------------
4. Index
--------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Index Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
--------------------------------------------------------------------------------------------------------------------
12ML 88 $48,155,932 100.00% $547,957 5.087% 735 64.17% 360 358 2
--------------------------------------------------------------------------------------------------------------------
Total: 88 $48,155,932 100.00% $547,957 5.087% 735 64.17% 360 358 2
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5. Loan Purpose
--------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Loan Purpose Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
--------------------------------------------------------------------------------------------------------------------------
R/T Refi 35 $19,985,633 41.50% $572,704 5.148% 741 57.90% 360 358 2
--------------------------------------------------------------------------------------------------------------------------
Purchase 36 19,022,763 39.50 528,501 5.020 730 75.92 360 358 2
--------------------------------------------------------------------------------------------------------------------------
C/O Refi 17 9,147,536 19.00 538,209 5.095 734 53.47 360 358 2
--------------------------------------------------------------------------------------------------------------------------
Total: 88 $48,155,932 100.00% $547,957 5.087% 735 64.17% 360 358 2
--------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6. Property Type
---------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Property Type Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------
SFR 47 $27,085,357 56.25% $577,526 5.091% 736 60.35% 360 358 2
--------------------------------------------------------------------------------------------------------------------------
PUD Detach 28 15,014,335 31.18 536,437 5.077 739 68.03 360 358 2
--------------------------------------------------------------------------------------------------------------------------
Condo 11 5,248,240 10.90 477,113 5.051 728 71.89 360 358 2
--------------------------------------------------------------------------------------------------------------------------
PUD Attach 2 808,000 1.68 404,000 5.400 701 70.52 360 357 3
--------------------------------------------------------------------------------------------------------------------------
Total: 88 $48,155,932 100.00% $547,957 5.087% 735 64.17% 360 358 2
--------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7. Occupancy Status
------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Occupancy Status Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
------------------------------------------------------------------------------------------------------------------------------
Primary 79 $44,068,713 91.51% $558,628 5.076% 736 64.41% 360 358 2
------------------------------------------------------------------------------------------------------------------------------
Secondary 9 4,087,220 8.49 454,291 5.208 724 61.58 360 358 2
------------------------------------------------------------------------------------------------------------------------------
Total: 88 $48,155,932 100.00% $547,957 5.087% 735 64.17% 360 358 2
------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
8. Geographic Distribution
----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Geographic Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Distribution Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------
California 66 $37,037,122 76.91% $561,929 5.044% 733 62.89% 360 358 2
----------------------------------------------------------------------------------------------------------------------------
Florida 6 3,657,500 7.60 609,583 5.162 737 62.19 360 357 3
----------------------------------------------------------------------------------------------------------------------------
Virginia 6 2,838,949 5.90 473,500 5.352 719 73.14 360 358 2
----------------------------------------------------------------------------------------------------------------------------
Colorado 3 1,362,000 2.83 454,000 5.248 766 60.28 360 358 2
----------------------------------------------------------------------------------------------------------------------------
Arizona 2 924,000 1.92 462,000 5.011 771 78.35 360 358 2
----------------------------------------------------------------------------------------------------------------------------
New Jersey 1 569,000 1.18 579,000 5.125 782 72.83 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Tennessee 1 491,441 1.02 493,500 5.500 785 78.33 360 357 3
----------------------------------------------------------------------------------------------------------------------------
Oregon 1 490,000 1.02 490,000 5.250 709 58.33 360 359 1
----------------------------------------------------------------------------------------------------------------------------
New York 1 444,000 0.92 444,000 5.375 754 80.00 360 360 0
----------------------------------------------------------------------------------------------------------------------------
South Carolina 1 341,920 0.71 341,920 5.125 798 80.00 360 357 3
----------------------------------------------------------------------------------------------------------------------------
Total: 88 $48,155,932 100.00% $547,957 5.087% 735 64.17% 360 358 2
----------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
9. County Distribution
---------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
County Distribution Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------------
LOS ANGELES 16 $ 9,637,020 20.01% $602,731 5.077% 731 67.41% 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
SAN FRANCISCO 7 3,916,169 8.13 559,457 4.973 719 72.49 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
SAN DIEGO 7 3,599,900 7.48 514,271 4.817 738 71.28 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
ORANGE 6 3,287,176 6.83 547,863 5.131 744 60.05 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
RIVERSIDE 6 3,181,000 6.61 530,167 5.022 753 66.95 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
SANTA ▇▇▇▇▇ 5 3,063,600 6.36 612,720 4.957 754 38.96 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
CONTRA COSTA 4 2,351,520 4.88 587,880 5.162 744 58.61 360 357 3
---------------------------------------------------------------------------------------------------------------------------------
SAN MATEO 2 1,381,000 2.87 690,500 4.979 739 41.85 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
MARIN 2 1,190,000 2.47 595,000 5.241 718 44.25 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
PRINCE ▇▇▇▇▇▇▇ 2 1,018,049 2.11 510,050 5.579 694 77.00 360 357 3
---------------------------------------------------------------------------------------------------------------------------------
Other 31 15,530,499 32.25 502,775 5.169 735 67.22 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
Total: 88 $48,155,932 100.00% $547,957 5.087% 735 64.17% 360 358 2
---------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
10. Original LTV
---------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original LTV Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------
5.01 - 10.00 1 $ 600,000 1.25% $600,000 4.875% 756 10.00% 360 357 3
---------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00 2 1,586,537 3.29 815,000 5.330 721 18.40 360 356 4
---------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 5 3,845,500 7.99 769,100 5.121 769 33.89 360 358 2
---------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 1 764,000 1.59 764,000 5.375 747 36.38 360 359 1
---------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 4 2,310,755 4.80 577,694 4.966 747 42.75 360 358 2
---------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 5 3,091,000 6.42 618,200 5.061 751 49.16 360 357 3
---------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 2 702,100 1.46 351,750 4.803 722 51.54 360 359 1
---------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 3 1,916,000 3.98 638,667 4.999 734 58.59 360 359 1
---------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 2 1,235,000 2.56 617,500 4.817 726 63.18 360 358 2
---------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 11 6,509,750 13.52 591,795 4.959 739 67.05 360 358 2
---------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 17 8,947,560 18.58 527,109 5.108 719 73.39 360 358 2
---------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 34 16,313,731 33.88 479,995 5.139 733 79.52 360 358 2
---------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 1 334,000 0.69 334,000 5.875 698 87.89 360 356 4
---------------------------------------------------------------------------------------------------------------------------
Total: 88 $48,155,932 100.00% $547,957 5.087% 735 64.17% 360 358 2
---------------------------------------------------------------------------------------------------------------------------
W.A.: 64.17%
Lowest: 10.00%
Highest: 87.89%
--------------------------------------------------------------------------------
11. Original Term
---------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original Term Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------
360 88 $48,155,932 100.00% $547,957 5.087% 735 64.17% 360 358 2
---------------------------------------------------------------------------------------------------------------------------
Total: 88 $48,155,932 100.00% $547,957 5.087% 735 64.17% 360 358 2
---------------------------------------------------------------------------------------------------------------------------
W.A.: 360.0 months
Lowest: 360 months
Highest: 360 months
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Banc of America Securities LLC
--------------------------------------------------------------------------------
This Structural Term Sheet, Collateral Term Sheet, or Computational Materials,
as appropriate (the "material"), is for your private information, and Banc of
America Securities LLC (the "Underwriter") is not soliciting any action based
upon it. This material is not to be construed as an offer to sell or the
solicitation of any offer to buy any security in any jurisdiction where such an
offer or solicitation would be illegal. This material is based on information
that the Underwriter considers reliable, but the Underwriter does not represent
that it is accurate or complete, and it should not be relied upon as such. By
accepting this material, the recipient agrees that it will not distribute or
provide the material to any other person. The information contained in this
material may pertain to securities that ultimately are not sold. The information
contained in this material may be based on assumptions regarding market
conditions and other matters as reflected herein. The Underwriter makes no
representation regarding the reasonableness of such assumptions, or the
likelihood that any of such assumptions will coincide with actual market
conditions or events, and this material should not be relied upon for such
purposes. The Underwriter and its affiliates, officers, directors, partners and
employees, including persons involved in the preparation or issuance of this
material may, from time to time, have long or short positions in, and/or buy and
sell, the securities mentioned therein or derivatives thereof (including
options). This material may be filed with the Securities and Exchange Commission
(the "SEC"), and incorporated by reference into an effective registration
statement previously filed with the SEC under Rule 415 of the Securities Act of
1933, including all cases where the material does not pertain to securities that
are ultimately offered for sale pursuant to such registration statement.
Information contained in this material is current as of the date appearing on
this material only. Information in this material regarding any assets backing
any securities discussed herein supersedes all prior information regarding such
assets. Any information in the material, whether regarding the assets backing
any securities discussed herein or otherwise, will be superseded by the
information contained in any final prospectus for any securities actually sold
to you. This material is furnished solely by the Underwriter and not by the
issuer of the securities. The issuer of the securities has not prepared,
reviewed or participated in the preparation of this material, is not responsible
for the accuracy of this material and has not authorized the dissemination of
this material. The Underwriter is acting as underwriter and not as an agent for
the issuer in connection with the proposed transaction.
BoAMS 2003-E Group 3
Net 5's with PrePay Penalties
Collateral Summary Report
--------------------------------------------------------------------------------
1. General Pool Characteristics
Pool Size: $48,155,932.41
Loan Count: 88
Cut-off Date: 2003-05-01
Avg. Loan Balance: $547,226.50
Avg. Orig. Balance: $547,956.89
W.A. FICO*: 735
W.A. Orig. LTV: 64.17%
W.A. Cut-Off LTV: 64.13%
W.A. Gross Coupon: 5.087%
W.A. Net Coupon: 4.180%
W.A. Servicing Fee: 0.904%
W.A. Orig. Term: 360 months
W.A. Rem. Term: 358 months
W.A. Age: 2 months
% over 80 COLTV: 0.69%
% over 100 COLTV: 0.00%
% with PMI: 0.69%
% over 80 with PMI: 100.00%
W.A. MI Coverage: 25.00%
W.A. MI Adjusted LTV: 63.97%
% Second Lien: 0.00%
% with Prepay Penalty: 100.00%
% Balloon: 0.00%
Max. Zipcode Conc.: 3.93%
* FICO not available for 0 loans, or 0.0% of the aggregate pool balance.
--------------------------------------------------------------------------------
2. Original Balance
-----------------------------
Original Balance Percent
-----------------------------
250,001 - 350,000 5.57%
-----------------------------
350,001 - 450,000 22.88
-----------------------------
450,001 - 550,000 25.68
-----------------------------
550,001 - 650,000 10.26
-----------------------------
650,001 - 750,000 10.50
-----------------------------
750,001 - 850,000 3.34
-----------------------------
850,001 - 950,000 7.46
-----------------------------
950,001 - 1,050,000 14.31
-----------------------------
Total: 100.00%
-----------------------------
Average: $547,956.89
Lowest: $323,000.00
Highest: $1,000,000.00
--------------------------------------------------------------------------------
3. Cut-Off Balance
-----------------------------
Cut-Off Balance Percent
-----------------------------
300,001 - 400,000 15.81%
-----------------------------
400,001 - 500,000 29.62
-----------------------------
500,001 - 600,000 12.37
-----------------------------
600,001 - 700,000 9.41
-----------------------------
700,001 - 800,000 9.26
-----------------------------
800,001 - 900,000 7.24
-----------------------------
900,001 - 1,000,000 16.29
-----------------------------
Total: 100.00%
-----------------------------
Average: 547,226.50
Lowest: 323,000.00
Highest: 1,000,000.00
--------------------------------------------------------------------------------
4. Lien Position
-----------------------
Lien Position Percent
-----------------------
1 100.00%
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
5. Coupon
-----------------------
Coupon Percent
-----------------------
4.251 - 4.375 1.56%
-----------------------
4.501 - 4.625 5.65
-----------------------
4.626 - 4.750 19.25
-----------------------
4.751 - 4.875 10.88
-----------------------
4.876 - 5.000 12.18
-----------------------
5.001 - 5.125 10.29
-----------------------
5.126 - 5.250 15.70
-----------------------
5.251 - 5.375 8.34
-----------------------
5.376 - 5.500 9.19
-----------------------
5.501 - 5.625 3.09
-----------------------
5.626 - 5.750 2.06
-----------------------
5.751 - 5.875 1.80
-----------------------
Total: 100.00%
-----------------------
W.A.: 5.087
Lowest: 4.375
Highest: 5.875
--------------------------------------------------------------------------------
6. Credit Score*
-----------------------
Credit Score* Percent
-----------------------
801 - 850 0.81%
-----------------------
751 - 800 44.13
-----------------------
701 - 750 31.27
-----------------------
651 - 700 18.30
-----------------------
601 - 650 5.49
-----------------------
Total: 100.00%
-----------------------
W.A.: 735
Lowest: 633
Highest: 802
--------------------------------------------------------------------------------
7. PMI Providers
-----------------------
PMI Providers Percent
-----------------------
NONE 99.31%
-----------------------
GEMIC 0.69
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
8. Product Type
----------------------------
Product Type Percent
----------------------------
5YR IO 12 MO LIBOR 100.00%
----------------------------
Total: 100.00%
----------------------------
--------------------------------------------------------------------------------
9. Index
----------------
Index Percent
----------------
12ML 100.00%
----------------
Total: 100.00%
----------------
--------------------------------------------------------------------------------
10. Loan Purpose
----------------------
Loan Purpose Percent
----------------------
R/T Refi 41.50%
----------------------
Purchase 39.50
----------------------
C/O Refi 19.00
----------------------
Total: 100.00%
----------------------
--------------------------------------------------------------------------------
11. Loan Type
----------------------
Loan Type Percent
----------------------
CONVENTIONAL 100.00%
----------------------
Total: 100.00%
----------------------
--------------------------------------------------------------------------------
12. Property Type
-----------------------
Property Type Percent
-----------------------
SFR 56.25%
-----------------------
PUD Detach 31.18
-----------------------
Condo 10.90
-----------------------
PUD Attach 1.68
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
13. Occupancy Status
--------------------------
Occupancy Status Percent
--------------------------
Primary 91.51%
--------------------------
Secondary 8.49
--------------------------
Total: 100.00%
--------------------------
--------------------------------------------------------------------------------
14. Documentation
-----------------------
Documentation Percent
-----------------------
Rapid 60.19%
-----------------------
Standard 39.00
-----------------------
Reduced 0.80
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
15. State
--------------------
State Percent
--------------------
California 76.91%
--------------------
Florida 7.60
--------------------
Virginia 5.90
--------------------
Colorado 2.83
--------------------
Arizona 1.92
--------------------
Other 4.85
--------------------
Total: 100.00%
--------------------
--------------------------------------------------------------------------------
16. Zip Code
------------------
Zip Code Percent
------------------
90210 3.93%
------------------
94583 2.91
------------------
90266 2.80
------------------
92270 2.75
------------------
95030 2.28
------------------
Other 85.33
------------------
Total: 100.00%
------------------
--------------------------------------------------------------------------------
17. OLTV
-----------------------
OLTV Percent
-----------------------
*= 20.00 4.54%
-----------------------
30.01 - 35.00 7.99
-----------------------
35.01 - 40.00 1.59
-----------------------
40.01 - 45.00 4.80
-----------------------
45.01 - 50.00 6.42
-----------------------
50.01 - 55.00 1.46
-----------------------
55.01 - 60.00 3.98
-----------------------
60.01 - 65.00 2.56
-----------------------
65.01 - 70.00 13.52
-----------------------
70.01 - 75.00 18.58
-----------------------
75.01 - 80.00 33.88
-----------------------
85.01 - 90.00 0.69
-----------------------
Total: 100.00%
-----------------------
* denotes less than
W.A.: 64.17%
Lowest: 10.00%
Highest: 87.89%
--------------------------------------------------------------------------------
18. Cut-Off LTV
-----------------------
Cut-Off LTV Percent
-----------------------
*= 20.00 4.54%
-----------------------
30.01 - 35.00 7.99
-----------------------
35.01 - 40.00 1.59
-----------------------
40.01 - 45.00 4.80
-----------------------
45.01 - 50.00 6.42
-----------------------
50.01 - 55.00 1.46
-----------------------
55.01 - 60.00 3.98
-----------------------
60.01 - 65.00 2.56
-----------------------
65.01 - 70.00 13.52
-----------------------
70.01 - 75.00 18.58
-----------------------
* denotes less than
-----------------------
75.01 - 80.00 33.88
-----------------------
85.01 - 90.00 0.69
-----------------------
Total: 100.00%
-----------------------
W.A.: 64.13%
Lowest: 10.00%
Highest: 87.89%
--------------------------------------------------------------------------------
19. Delinquency*
----------------------
Delinquency* Percent
----------------------
0-29 days 100.00%
----------------------
Total: 100.00%
----------------------
* MBA method
--------------------------------------------------------------------------------
20. Times 30 Days
-----------------------
Times 30 Days Percent
-----------------------
0 99.28%
-----------------------
1 0.72
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
21. Convertible Flag
--------------------------
Convertible Flag Percent
--------------------------
N 100.00%
--------------------------
Total: 100.00%
--------------------------
--------------------------------------------------------------------------------
22. Prepay Flag
---------------------
Prepay Flag Percent
---------------------
Y 100.00%
---------------------
Total: 100.00%
---------------------
--------------------------------------------------------------------------------
23. Prepay Penalty Term
-----------------------------
Prepay Penalty Term Percent
-----------------------------
36 100.00%
-----------------------------
Total: 100.00%
-----------------------------
W.A.: 36.0
Lowest: 36
Highest: 36
--------------------------------------------------------------------------------
24. Remaining Prepayment Term
-----------------------------------
Remaining Prepayment Term Percent
-----------------------------------
28 0.72%
-----------------------------------
31 1.04
-----------------------------------
32 16.21
-----------------------------------
33 17.21
-----------------------------------
34 22.47
-----------------------------------
35 29.85
-----------------------------------
36 12.50
-----------------------------------
Total: 100.00%
-----------------------------------
--------------------------------------------------------------------------------
25. Buydown Agreement
---------------------------
Buydown Agreement Percent
---------------------------
N 100.00%
---------------------------
Total: 100.00%
---------------------------
--------------------------------------------------------------------------------
26. Original Term
-----------------------
Original Term Percent
-----------------------
360 100.00%
-----------------------
Total: 100.00%
-----------------------
W.A.: 360.0 months
Lowest: 360 months
Highest: 360 months
--------------------------------------------------------------------------------
27. Scheduled Remaining Term
----------------------------------
Scheduled Remaining Term Percent
----------------------------------
349 - 354 0.72%
----------------------------------
355 - 360 99.28
----------------------------------
Total: 100.00%
----------------------------------
W.A.: 358.0 months
Lowest: 352 months
Highest: 360 months
--------------------------------------------------------------------------------
28. Cut-Off Loan Age
--------------------------
Cut-Off Loan Age Percent
--------------------------
= 0 12.50%
--------------------------
1 - 6 86.79
--------------------------
7 - 12 0.72
--------------------------
Total: 100.00%
--------------------------
W.A.: 2.0 months
Lowest: 0 months
Highest: 8 months
--------------------------------------------------------------------------------
29. Gross Margin
----------------------
Gross Margin Percent
----------------------
2.250 100.00%
----------------------
Total: 100.00%
----------------------
W.A.: 2.250%
Lowest: 2.250%
Highest: 2.250%
--------------------------------------------------------------------------------
30. Initial Cap (ARMs)
----------------------------
Initial Cap (ARMs) Percent
----------------------------
5.000 100.00%
----------------------------
Total: 100.00%
----------------------------
W.A.: 5.000%
Lowest: 5.000%
Highest: 5.000%
--------------------------------------------------------------------------------
31. Periodic Cap (ARMs)
-----------------------------
Periodic Cap (ARMs) Percent
-----------------------------
2.000 100.00%
-----------------------------
Total: 100.00%
-----------------------------
W.A.: 2.000%
Lowest: 2.000%
Highest: 2.000%
--------------------------------------------------------------------------------
32. Maximum Rate (ARMs)
-----------------------------
Maximum Rate (ARMs) Percent
-----------------------------
9.001 - 10.000 49.51%
-----------------------------
10.001 - 11.000 50.49
-----------------------------
Total: 100.00%
-----------------------------
W.A.: 10.087%
Lowest: 9.375%
Highest: 10.875%
--------------------------------------------------------------------------------
33. Cutoff Rollterm
-------------------------
Cutoff Rollterm Percent
-------------------------
49 - 54 0.72%
-------------------------
55 - 60 99.28
-------------------------
Total: 100.00%
-------------------------
W.A.: 58.0 months
Lowest: 52 months
Highest: 60 months
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Banc of America Securities LLC
--------------------------------------------------------------------------------
This Structural Term Sheet, Collateral Term Sheet, or Computational Materials,
as appropriate (the "material"), is for your private information, and Banc of
America Securities LLC (the "Underwriter") is not soliciting any action based
upon it. This material is not to be construed as an offer to sell or the
solicitation of any offer to buy any security in any jurisdiction where such an
offer or solicitation would be illegal. This material is based on information
that the Underwriter considers reliable, but the Underwriter does not represent
that it is accurate or complete, and it should not be relied upon as such. By
accepting this material, the recipient agrees that it will not distribute or
provide the material to any other person. The information contained in this
material may pertain to securities that ultimately are not sold. The information
contained in this material may be based on assumptions regarding market
conditions and other matters as reflected herein. The Underwriter makes no
representation regarding the reasonableness of such assumptions, or the
likelihood that any of such assumptions will coincide with actual market
conditions or events, and this material should not be relied upon for such
purposes. The Underwriter and its affiliates, officers, directors, partners and
employees, including persons involved in the preparation or issuance of this
material may, from time to time, have long or short positions in, and/or buy and
sell, the securities mentioned therein or derivatives thereof (including
options). This material may be filed with the Securities and Exchange Commission
(the "SEC"), and incorporated by reference into an effective registration
statement previously filed with the SEC under Rule 415 of the Securities Act of
1933, including all cases where the material does not pertain to securities that
are ultimately offered for sale pursuant to such registration statement.
Information contained in this material is current as of the date appearing on
this material only. Information in this material regarding any assets backing
any securities discussed herein supersedes all prior information regarding such
assets. Any information in the material, whether regarding the assets backing
any securities discussed herein or otherwise, will be superseded by the
information contained in any final prospectus for any securities actually sold
to you. This material is furnished solely by the Underwriter and not by the
issuer of the securities. The issuer of the securities has not prepared,
reviewed or participated in the preparation of this material, is not responsible
for the accuracy of this material and has not authorized the dissemination of
this material. The Underwriter is acting as underwriter and not as an agent for
the issuer in connection with the proposed transaction.
BoAMS 2003-E Group 4
7-1 Arms
--------------------------------------------------------------------------------
1. Original Balance
----------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original Balance Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------------
250,001 - 350,000 12 $ 4,078,899 7.16% $ 340,318 5.322% 735 66.64% 340 339 1
----------------------------------------------------------------------------------------------------------------------------------
350,001 - 450,000 42 16,871,112 29.62 402,114 5.260 746 65.21 359 358 1
----------------------------------------------------------------------------------------------------------------------------------
450,001 - 550,000 28 14,043,499 24.65 501,929 5.116 738 65.96 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
550,001 - 650,000 15 8,795,051 15.44 586,667 5.225 744 69.44 360 360 0
----------------------------------------------------------------------------------------------------------------------------------
650,001 - 750,000 11 7,881,742 13.84 717,114 5.086 747 65.43 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
750,001 - 850,000 2 1,628,892 2.86 814,875 5.435 761 75.99 360 360 0
----------------------------------------------------------------------------------------------------------------------------------
850,001 - 950,000 3 2,664,034 4.68 889,000 5.415 734 49.91 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
950,001 - 1,050,000 1 998,826 1.75 1,000,000 5.125 754 50.00 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
Total: 114 $56,962,055 100.00% $ 500,102 5.209% 743 65.51% 358 357 1
----------------------------------------------------------------------------------------------------------------------------------
Average: $500,101.91
Lowest: $324,000.00
Highest: $1,000,000.00
--------------------------------------------------------------------------------
2. Gross Coupon
---------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Gross Coupon Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------
3.876 - 4.000 1 $ 740,000 1.30% $740,000 4.000% 770 69.65% 360 360 0
---------------------------------------------------------------------------------------------------------------------------
4.001 - 4.125 1 462,053 0.81 462,705 4.125 772 59.50 360 359 1
---------------------------------------------------------------------------------------------------------------------------
4.126 - 4.250 3 1,448,002 2.54 483,333 4.250 723 65.72 360 359 1
---------------------------------------------------------------------------------------------------------------------------
4.251 - 4.375 2 947,807 1.66 474,543 4.375 785 74.51 360 359 1
---------------------------------------------------------------------------------------------------------------------------
4.501 - 4.625 1 547,500 0.96 547,500 4.625 675 75.00 360 360 0
---------------------------------------------------------------------------------------------------------------------------
4.626 - 4.750 8 4,028,027 7.07 503,750 4.750 762 62.51 360 360 0
---------------------------------------------------------------------------------------------------------------------------
4.751 - 4.875 6 3,343,013 5.87 557,400 4.875 758 74.94 360 360 0
---------------------------------------------------------------------------------------------------------------------------
4.876 - 5.000 12 5,392,904 9.47 449,600 5.000 729 68.16 360 360 0
---------------------------------------------------------------------------------------------------------------------------
5.001 - 5.125 11 5,455,780 9.58 496,532 5.125 740 58.96 349 348 1
---------------------------------------------------------------------------------------------------------------------------
5.126 - 5.250 17 8,455,578 14.84 497,991 5.250 749 66.85 360 359 1
---------------------------------------------------------------------------------------------------------------------------
5.251 - 5.375 13 7,420,612 13.03 571,195 5.375 753 55.21 357 357 1
---------------------------------------------------------------------------------------------------------------------------
5.376 - 5.500 21 11,157,100 19.59 531,805 5.500 742 66.27 360 359 1
---------------------------------------------------------------------------------------------------------------------------
5.501 - 5.625 12 4,980,098 8.74 415,444 5.625 739 75.58 356 355 1
---------------------------------------------------------------------------------------------------------------------------
5.626 - 5.750 3 1,282,909 2.25 428,083 5.750 687 67.81 360 359 1
---------------------------------------------------------------------------------------------------------------------------
5.751 - 5.875 3 1,300,673 2.28 434,000 5.875 703 58.62 360 359 1
---------------------------------------------------------------------------------------------------------------------------
Total: 114 $56,962,055 100.00% $500,102 5.209% 743 65.51% 358 357 1
---------------------------------------------------------------------------------------------------------------------------
W.A.: 5.209%
Lowest: 4.000%
Highest: 5.875%
--------------------------------------------------------------------------------
3. Credit Score
--------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Credit Score Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
--------------------------------------------------------------------------------------------------------------------------
800 - 824 5 $ 2,376,504 4.17% $475,760 5.227% 804 68.55% 360 359 1
--------------------------------------------------------------------------------------------------------------------------
775 - 799 24 12,301,868 21.60 512,991 5.227 788 63.54 360 359 1
--------------------------------------------------------------------------------------------------------------------------
750 - 774 33 16,821,267 29.53 510,223 5.192 764 67.07 355 354 1
--------------------------------------------------------------------------------------------------------------------------
725 - 749 14 6,777,770 11.90 484,525 4.985 737 67.05 357 357 0
--------------------------------------------------------------------------------------------------------------------------
700 - 724 16 7,568,808 13.29 473,451 5.229 710 62.57 360 359 1
--------------------------------------------------------------------------------------------------------------------------
675 - 699 13 6,540,260 11.48 503,524 5.339 687 66.48 360 359 1
--------------------------------------------------------------------------------------------------------------------------
650 - 674 4 2,639,605 4.63 660,625 5.496 660 55.72 360 359 1
--------------------------------------------------------------------------------------------------------------------------
625 - 649 3 1,194,174 2.10 398,333 5.034 638 78.90 360 359 1
--------------------------------------------------------------------------------------------------------------------------
600 - 624 1 396,800 0.70 396,800 5.625 623 80.00 360 360 0
--------------------------------------------------------------------------------------------------------------------------
N/A 1 345,000 0.61 345,000 4.750 0 65.71 360 360 0
--------------------------------------------------------------------------------------------------------------------------
Total: 114 $56,962,055 100.00% $500,102 5.209% 743 65.51% 358 357 1
--------------------------------------------------------------------------------------------------------------------------
W.A.: 743
Lowest: 623
Highest: 809
--------------------------------------------------------------------------------
4. Index
--------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Index Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
--------------------------------------------------------------------------------------------------------------------
12ML 114 $56,962,055 100.00% $500,102 5.209% 743 65.51% 358 357 1
--------------------------------------------------------------------------------------------------------------------
Total: 114 $56,962,055 100.00% $500,102 5.209% 743 65.51% 358 357 1
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5. Loan Purpose
---------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Loan Purpose Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------------
Refinance-Rate/Term 56 $28,166,236 49.45% $503,468 5.301% 735 60.22% 357 356 1
---------------------------------------------------------------------------------------------------------------------------------
Purchase 40 21,082,938 37.01 527,474 5.015 750 73.73 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
Refinance-Cashout 18 7,712,882 13.54 428,802 5.403 757 62.33 357 357 1
---------------------------------------------------------------------------------------------------------------------------------
Total: 114 $56,962,055 100.00% $500,102 5.209% 743 65.51% 358 357 1
---------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6. Property Type
---------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Property Type Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------
SFR 73 $36,681,427 64.40% $502,901 5.246% 741 64.80% 357 356 1
---------------------------------------------------------------------------------------------------------------------------
PUD Detach 30 15,056,641 26.43 502,304 5.095 748 65.39 360 359 1
---------------------------------------------------------------------------------------------------------------------------
Condo 8 3,580,871 6.29 447,944 5.447 731 73.02 360 359 1
---------------------------------------------------------------------------------------------------------------------------
PUD Attach 2 1,250,319 2.20 625,600 4.805 768 69.30 360 359 1
---------------------------------------------------------------------------------------------------------------------------
Townhouse 1 392,796 0.69 396,000 5.250 736 55.77 360 359 1
---------------------------------------------------------------------------------------------------------------------------
Total: 114 $56,962,055 100.00% $500,102 5.209% 743 65.51% 358 357 1
---------------------------------------------------------------------------------------------------------------------------
7. Occupancy Status
------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Occupancy Status Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
------------------------------------------------------------------------------------------------------------------------------
Primary 107 $53,091,626 93.21% $496,586 5.200% 741 65.45% 358 357 1
------------------------------------------------------------------------------------------------------------------------------
Secondary 5 3,103,533 5.45 621,280 5.308 769 67.21 360 359 1
------------------------------------------------------------------------------------------------------------------------------
Investor 2 766,895 1.35 385,250 5.433 765 62.71 360 359 1
------------------------------------------------------------------------------------------------------------------------------
Total: 114 $56,962,055 100.00% $500,102 5.209% 743 65.51% 358 357 1
------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
8. Geographic Distribution
----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Geographic Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Distribution Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------
California 62 $31,544,460 55.38% $509,225 5.324% 742 64.87% 359 359 1
----------------------------------------------------------------------------------------------------------------------------
Texas 8 4,041,333 7.09 505,691 5.074 756 70.10 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Illinois 7 3,896,760 6.84 556,857 4.794 764 71.96 360 360 0
----------------------------------------------------------------------------------------------------------------------------
Maryland 6 3,218,323 5.65 536,783 5.164 710 72.10 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Virginia 7 2,646,777 4.65 378,485 5.209 729 66.08 336 336 1
----------------------------------------------------------------------------------------------------------------------------
Georgia 5 2,108,195 3.70 422,000 4.743 690 55.23 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Florida 3 1,424,374 2.50 475,333 5.284 765 67.52 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Oregon 3 1,383,600 2.43 461,768 4.893 777 58.94 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Utah 2 1,366,264 2.40 684,000 5.259 759 58.07 344 343 1
----------------------------------------------------------------------------------------------------------------------------
Arizona 2 1,092,745 1.92 547,000 5.250 783 57.68 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Tennessee 2 956,430 1.68 478,750 5.393 742 55.70 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Pennsylvania 2 854,670 1.50 427,893 4.561 777 80.00 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Washington 1 639,200 1.12 639,200 4.875 702 80.00 360 360 0
----------------------------------------------------------------------------------------------------------------------------
Connecticut 1 560,000 0.98 560,000 5.125 760 67.96 360 360 0
----------------------------------------------------------------------------------------------------------------------------
New York 1 465,502 0.82 466,000 5.625 724 78.06 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Kansas 1 386,605 0.68 387,000 5.875 716 56.50 360 359 1
----------------------------------------------------------------------------------------------------------------------------
South Carolina 1 376,817 0.66 377,240 5.375 799 23.95 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Total: 114 $56,962,055 100.00% $500,102 5.209% 743 65.51% 358 357 1
----------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
9. County Distribution
---------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
County Distribution Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------------
LOS ANGELES 12 $ 6,270,001 11.01% $522,908 5.284% 730 63.17% 357 356 1
---------------------------------------------------------------------------------------------------------------------------------
ORANGE 10 5,845,438 10.26 585,145 5.367 757 68.49 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
SANTA ▇▇▇▇▇ 13 5,536,728 9.72 426,425 5.374 742 59.15 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
SANTA ▇▇▇▇▇▇▇ 4 2,774,343 4.87 694,375 5.305 733 61.97 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
COOK 4 2,532,000 4.45 633,000 4.949 770 72.61 360 360 0
---------------------------------------------------------------------------------------------------------------------------------
SAN MATEO 6 2,531,922 4.44 422,358 5.438 751 62.56 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
▇▇▇▇▇▇ 4 2,131,436 3.74 533,325 4.886 739 68.25 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
▇▇▇▇▇▇▇▇▇▇ 3 1,636,111 2.87 545,567 4.997 702 75.61 360 360 0
---------------------------------------------------------------------------------------------------------------------------------
CONTRA COSTA 3 1,582,650 2.78 527,550 5.249 769 56.25 360 360 0
---------------------------------------------------------------------------------------------------------------------------------
SAN DIEGO 3 1,441,536 2.53 480,833 5.387 738 69.70 360 359 1
---------------------------------------------------------------------------------------------------------------------------------
Other 52 24,679,891 43.33 475,057 5.137 743 66.24 357 356 1
---------------------------------------------------------------------------------------------------------------------------------
Total: 114 $56,962,055 100.00% $500,102 5.209% 743 65.51% 358 357 1
---------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
10. Original LTV
---------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original LTV Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00 1 $ 496,916 0.87% $497,500 5.125% 710 17.77% 360 359 1
---------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00 2 797,356 1.40 399,120 5.441 751 23.01 360 359 1
---------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00 1 928,458 1.63 929,500 5.375 666 27.34 360 359 1
---------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 1 746,650 1.31 746,650 5.375 781 32.46 360 360 0
---------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 1 392,539 0.69 393,000 5.125 764 39.90 360 359 1
---------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 5 2,758,555 4.84 552,194 4.947 723 42.50 360 359 1
---------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 8 4,679,567 8.22 585,544 5.278 756 47.84 360 359 1
---------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 6 2,769,816 4.86 462,140 5.211 755 52.51 338 337 1
---------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 10 4,095,056 7.19 410,151 5.281 749 58.21 360 359 1
---------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 7 3,329,423 5.84 475,949 5.289 761 61.66 360 359 1
---------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 21 10,075,889 17.69 480,190 5.114 750 68.33 358 357 1
---------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 12 6,156,052 10.81 513,360 5.249 729 73.38 360 359 1
---------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 38 19,235,777 33.77 506,608 5.223 743 79.34 359 358 1
---------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 1 500,000 0.88 500,000 5.000 636 84.89 360 360 0
---------------------------------------------------------------------------------------------------------------------------
Total: 114 $56,962,055 100.00% $500,102 5.209% 743 65.51% 358 357 1
---------------------------------------------------------------------------------------------------------------------------
W.A.: 65.51%
Lowest: 17.77%
Highest: 84.89%
--------------------------------------------------------------------------------
11. Original Term
---------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original Term Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------
180 1 $ 345,554 0.61% $346,838 5.125% 755 51.38% 180 179 1
---------------------------------------------------------------------------------------------------------------------------
300 2 714,885 1.26 358,000 5.503 758 74.95 300 299 1
---------------------------------------------------------------------------------------------------------------------------
360 111 55,901,616 98.14 504,043 5.206 743 65.47 360 359 1
---------------------------------------------------------------------------------------------------------------------------
Total: 114 $56,962,055 100.00% $500,102 5.209% 743 65.51% 358 357 1
---------------------------------------------------------------------------------------------------------------------------
W.A.: 358.2 months
Lowest: 180 months
Highest: 360 months
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Banc of America Securities LLC
--------------------------------------------------------------------------------
This Structural Term Sheet, Collateral Term Sheet, or Computational Materials,
as appropriate (the "material"), is for your private information, and Banc of
America Securities LLC (the "Underwriter") is not soliciting any action based
upon it. This material is not to be construed as an offer to sell or the
solicitation of any offer to buy any security in any jurisdiction where such an
offer or solicitation would be illegal. This material is based on information
that the Underwriter considers reliable, but the Underwriter does not represent
that it is accurate or complete, and it should not be relied upon as such. By
accepting this material, the recipient agrees that it will not distribute or
provide the material to any other person. The information contained in this
material may pertain to securities that ultimately are not sold. The information
contained in this material may be based on assumptions regarding market
conditions and other matters as reflected herein. The Underwriter makes no
representation regarding the reasonableness of such assumptions, or the
likelihood that any of such assumptions will coincide with actual market
conditions or events, and this material should not be relied upon for such
purposes. The Underwriter and its affiliates, officers, directors, partners and
employees, including persons involved in the preparation or issuance of this
material may, from time to time, have long or short positions in, and/or buy and
sell, the securities mentioned therein or derivatives thereof (including
options). This material may be filed with the Securities and Exchange Commission
(the "SEC"), and incorporated by reference into an effective registration
statement previously filed with the SEC under Rule 415 of the Securities Act of
1933, including all cases where the material does not pertain to securities that
are ultimately offered for sale pursuant to such registration statement.
Information contained in this material is current as of the date appearing on
this material only. Information in this material regarding any assets backing
any securities discussed herein supersedes all prior information regarding such
assets. Any information in the material, whether regarding the assets backing
any securities discussed herein or otherwise, will be superseded by the
information contained in any final prospectus for any securities actually sold
to you. This material is furnished solely by the Underwriter and not by the
issuer of the securities. The issuer of the securities has not prepared,
reviewed or participated in the preparation of this material, is not responsible
for the accuracy of this material and has not authorized the dissemination of
this material. The Underwriter is acting as underwriter and not as an agent for
the issuer in connection with the proposed transaction.
Global Structured Finance
BoAMS 2003-E Group 4
7-1 Arms
Collateral Summary Report
May 14, 2003 12:15
--------------------------------------------------------------------------------
1. General Pool Characteristics
Pool Size: $56,962,055.21
Loan Count: 114
Cut-off Date: 2003-05-01
Avg. Loan Balance: $499,667.15
Avg. Orig. Balance: $500,101.91
W.A. FICO*: 743
W.A. Orig. LTV: 65.51%
W.A. Cut-Off LTV: 65.45%
W.A. Gross Coupon: 5.209%
W.A. Net Coupon: 4.366%
W.A. Servicing Fee: 0.841%
W.A. Orig. Term: 358 months
W.A. Rem. Term: 357 months
W.A. Age: 1 months
% over 80 COLTV: 0.88%
% over 100 COLTV: 0.00%
% with PMI: 0.88%
% over 80 with PMI: 100.00%
W.A. MI Coverage: 12.00%
W.A. MI Adjusted LTV: 65.36%
% Second Lien: 0.00%
% with Prepay Penalty: 0.00%
% Balloon: 0.00%
Max. Zipcode Conc.: 2.36%
* FICO not available for 1 loans, or 0.6% of the aggregate pool balance.
--------------------------------------------------------------------------------
2. Original Balance
-----------------------------
Original Balance Percent
-----------------------------
250,001 - 350,000 7.16%
-----------------------------
350,001 - 450,000 29.62
-----------------------------
450,001 - 550,000 24.65
-----------------------------
550,001 - 650,000 15.44
-----------------------------
650,001 - 750,000 13.84
-----------------------------
750,001 - 850,000 2.86
-----------------------------
850,001 - 950,000 4.68
-----------------------------
950,001 - 1,050,000 1.75
-----------------------------
Total: 100.00%
-----------------------------
Average: $500,101.91
Lowest: $324,000.00
Highest: $1,000,000.00
--------------------------------------------------------------------------------
3. Cut-Off Balance
-----------------------------
Cut-Off Balance Percent
-----------------------------
300,001 - 400,000 19.66%
-----------------------------
400,001 - 500,000 30.50
-----------------------------
500,001 - 600,000 21.20
-----------------------------
600,001 - 700,000 11.48
-----------------------------
700,001 - 800,000 9.25
-----------------------------
800,001 - 900,000 4.53
-----------------------------
900,001 - 1,000,000 3.38
-----------------------------
Total: 100.00%
-----------------------------
Average: 499,667.15
Lowest: 323,653.62
Highest: 998,825.96
--------------------------------------------------------------------------------
4. Lien Position
-----------------------
Lien Position Percent
-----------------------
1 100.00%
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
5. Coupon
-----------------------
Coupon Percent
-----------------------
3.876 - 4.000 1.30%
-----------------------
4.001 - 4.125 0.81
-----------------------
4.126 - 4.250 2.54
-----------------------
4.251 - 4.375 1.66
-----------------------
4.501 - 4.625 0.96
-----------------------
4.626 - 4.750 7.07
-----------------------
4.751 - 4.875 5.87
-----------------------
4.876 - 5.000 9.47
-----------------------
5.001 - 5.125 9.58
-----------------------
5.126 - 5.250 14.84
-----------------------
5.251 - 5.375 13.03
-----------------------
5.376 - 5.500 19.59
-----------------------
5.501 - 5.625 8.74
-----------------------
5.626 - 5.750 2.25
-----------------------
5.751 - 5.875 2.28
-----------------------
Total: 100.00%
-----------------------
W.A.: 5.209
Lowest: 4.000
Highest: 5.875
--------------------------------------------------------------------------------
6. Credit Score*
-----------------------
Credit Score* Percent
-----------------------
801 - 850 4.17%
-----------------------
751 - 800 51.13
-----------------------
701 - 750 25.19
-----------------------
651 - 700 16.12
-----------------------
601 - 650 2.79
-----------------------
= 0 0.61
-----------------------
Total: 100.00%
-----------------------
W.A.: 743
Lowest: 623
Highest: 809
--------------------------------------------------------------------------------
7. PMI Providers
-----------------------
PMI Providers Percent
-----------------------
None 99.12%
-----------------------
RMIC 0.88
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
8. Product Type
--------------------------
Product Type Percent
--------------------------
7/23 12 MO LIBOR 98.14%
--------------------------
7/18 12 MO LIBOR 1.26
--------------------------
7/8 12 MO LIBOR 0.61
--------------------------
Total: 100.00%
--------------------------
--------------------------------------------------------------------------------
9. Index
----------------
Index Percent
----------------
12ML 100.00%
----------------
Total: 100.00%
----------------
--------------------------------------------------------------------------------
10. Loan Purpose
-----------------------------
Loan Purpose Percent
-----------------------------
Refinance-Rate/Term 49.45%
-----------------------------
Purchase 37.01
-----------------------------
Refinance-Cashout 13.54
-----------------------------
Total: 100.00%
-----------------------------
--------------------------------------------------------------------------------
11. Loan Type
----------------------
Loan Type Percent
----------------------
CONVENTIONAL 100.00%
----------------------
Total: 100.00%
----------------------
--------------------------------------------------------------------------------
12. Property Type
-----------------------
Property Type Percent
-----------------------
SFR 64.40%
-----------------------
PUD Detach 26.43
-----------------------
Condo 6.29
-----------------------
PUD Attach 2.20
-----------------------
Townhouse 0.69
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
13. Occupancy Status
--------------------------
Occupancy Status Percent
--------------------------
Primary 93.21%
--------------------------
Secondary 5.45
--------------------------
Investor 1.35
--------------------------
Total: 100.00%
--------------------------
--------------------------------------------------------------------------------
14. Documentation
------------------------
Documentation Percent
------------------------
Reduced 42.55%
------------------------
Rapid 39.36
------------------------
Standard 15.68
------------------------
All Ready Home 2.41
------------------------
Total: 100.00%
------------------------
--------------------------------------------------------------------------------
15. State
--------------------
State Percent
--------------------
California 55.38%
--------------------
Texas 7.09
--------------------
Illinois 6.84
--------------------
Maryland 5.65
--------------------
Virginia 4.65
--------------------
Other 20.39
--------------------
Total: 100.00%
--------------------
--------------------------------------------------------------------------------
16. Zip Code
------------------
Zip Code Percent
------------------
60613 2.36%
------------------
91106 2.15
------------------
94404 2.14
------------------
60010 2.09
------------------
93428 2.06
------------------
Other 89.20
------------------
Total: 100.00%
------------------
--------------------------------------------------------------------------------
17. OLTV
-----------------------
OLTV Percent
-----------------------
*= 20.00 0.87%
-----------------------
20.01 - 25.00 1.40
-----------------------
25.01 - 30.00 1.63
-----------------------
30.01 - 35.00 1.31
-----------------------
35.01 - 40.00 0.69
-----------------------
40.01 - 45.00 4.84
-----------------------
45.01 - 50.00 8.22
-----------------------
50.01 - 55.00 4.86
-----------------------
55.01 - 60.00 7.19
-----------------------
60.01 - 65.00 5.84
-----------------------
65.01 - 70.00 17.69
-----------------------
70.01 - 75.00 10.81
-----------------------
75.01 - 80.00 33.77
-----------------------
80.01 - 85.00 0.88
-----------------------
Total: 100.00%
-----------------------
* denotes less than
W.A.: 65.51%
Lowest: 17.77%
Highest: 84.89%
--------------------------------------------------------------------------------
18. Cut-Off LTV
-----------------------
Cut-Off LTV Percent
-----------------------
*= 20.00 0.87%
-----------------------
20.01 - 25.00 1.40
-----------------------
25.01 - 30.00 1.63
-----------------------
30.01 - 35.00 1.31
-----------------------
35.01 - 40.00 0.69
-----------------------
40.01 - 45.00 5.83
-----------------------
45.01 - 50.00 7.23
-----------------------
50.01 - 55.00 4.86
-----------------------
55.01 - 60.00 7.19
-----------------------
60.01 - 65.00 5.84
-----------------------
65.01 - 70.00 17.69
-----------------------
70.01 - 75.00 10.81
-----------------------
75.01 - 80.00 33.77
-----------------------
80.01 - 85.00 0.88
-----------------------
Total: 100.00%
-----------------------
* denotes less than
W.A.: 65.45%
Lowest: 17.75%
Highest: 84.89%
--------------------------------------------------------------------------------
19. Delinquency*
----------------------
Delinquency* Percent
----------------------
0-29 days 100.00%
----------------------
Total: 100.00%
----------------------
* MBA method
--------------------------------------------------------------------------------
20. Times 30 Days
-----------------------
Times 30 Days Percent
-----------------------
0 100.00%
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
21. Convertible Flag
--------------------------
Convertible Flag Percent
--------------------------
N 100.00%
--------------------------
Total: 100.00%
--------------------------
--------------------------------------------------------------------------------
22. Prepay Flag
---------------------
Prepay Flag Percent
---------------------
N 100.00%
---------------------
Total: 100.00%
---------------------
--------------------------------------------------------------------------------
23. Prepay Penalty Term
-----------------------------
Prepay Penalty Term Percent
-----------------------------
0 100.00%
-----------------------------
Total: 100.00%
-----------------------------
W.A.: 0.0
Lowest: 0
Highest: 0
--------------------------------------------------------------------------------
24. Remaining Prepayment Term
-----------------------------------
Remaining Prepayment Term Percent
-----------------------------------
0 100.00%
-----------------------------------
Total: 100.00%
-----------------------------------
--------------------------------------------------------------------------------
25. Buydown Agreement
---------------------------
Buydown Agreement Percent
---------------------------
N 100.00%
---------------------------
Total: 100.00%
---------------------------
--------------------------------------------------------------------------------
26. Original Term
-----------------------
Original Term Percent
-----------------------
180 0.61%
-----------------------
300 1.26
-----------------------
360 98.14
-----------------------
Total: 100.00%
-----------------------
W.A.: 358.2 months
Lowest: 180 months
Highest: 360 months
--------------------------------------------------------------------------------
27. Scheduled Remaining Term
----------------------------------
Scheduled Remaining Term Percent
----------------------------------
175 - 180 0.61%
----------------------------------
295 - 300 1.26
----------------------------------
355 - 360 98.14
----------------------------------
Total: 100.00%
----------------------------------
W.A.: 357.5 months
Lowest: 179 months
Highest: 360 months
--------------------------------------------------------------------------------
28. Cut-Off Loan Age
--------------------------
Cut-Off Loan Age Percent
--------------------------
= 0 31.40%
--------------------------
1 - 6 68.60
--------------------------
Total: 100.00%
--------------------------
W.A.: 0.7 months
Lowest: 0 months
Highest: 1 months
--------------------------------------------------------------------------------
29. Gross Margin
----------------------
Gross Margin Percent
----------------------
2.250 100.00%
----------------------
Total: 100.00%
----------------------
W.A.: 2.250%
Lowest: 2.250%
Highest: 2.250%
--------------------------------------------------------------------------------
30. Initial Cap (ARMs)
----------------------------
Initial Cap (ARMs) Percent
----------------------------
5.000 100.00%
----------------------------
Total: 100.00%
----------------------------
W.A.: 5.000%
Lowest: 5.000%
Highest: 5.000%
--------------------------------------------------------------------------------
31. Periodic Cap (ARMs)
-----------------------------
Periodic Cap (ARMs) Percent
-----------------------------
2.000 100.00%
-----------------------------
Total: 100.00%
-----------------------------
W.A.: 2.000%
Lowest: 2.000%
Highest: 2.000%
--------------------------------------------------------------------------------
32. Maximum Rate (ARMs)
-----------------------------
Maximum Rate (ARMs) Percent
-----------------------------
8.001 - 9.000 1.30%
-----------------------------
9.001 - 10.000 28.39
-----------------------------
10.001 - 11.000 70.31
-----------------------------
Total: 100.00%
-----------------------------
W.A.: 10.209%
Lowest: 9.000%
Highest: 10.875%
--------------------------------------------------------------------------------
33. Cutoff Rollterm
-------------------------
Cutoff Rollterm Percent
-------------------------
79 - 84 100.00%
-------------------------
Total: 100.00%
-------------------------
W.A.: 83.3 months
Lowest: 83 months
Highest: 84 months
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Banc of America Securities LLC
--------------------------------------------------------------------------------
This Structural Term Sheet, Collateral Term Sheet, or Computational Materials,
as appropriate (the "material"), is for your private information, and Banc of
America Securities LLC (the "Underwriter") is not soliciting any action based
upon it. This material is not to be construed as an offer to sell or the
solicitation of any offer to buy any security in any jurisdiction where such an
offer or solicitation would be illegal. This material is based on information
that the Underwriter considers reliable, but the Underwriter does not represent
that it is accurate or complete, and it should not be relied upon as such. By
accepting this material, the recipient agrees that it will not distribute or
provide the material to any other person. The information contained in this
material may pertain to securities that ultimately are not sold. The information
contained in this material may be based on assumptions regarding market
conditions and other matters as reflected herein. The Underwriter makes no
representation regarding the reasonableness of such assumptions, or the
likelihood that any of such assumptions will coincide with actual market
conditions or events, and this material should not be relied upon for such
purposes. The Underwriter and its affiliates, officers, directors, partners and
employees, including persons involved in the preparation or issuance of this
material may, from time to time, have long or short positions in, and/or buy and
sell, the securities mentioned therein or derivatives thereof (including
options). This material may be filed with the Securities and Exchange Commission
(the "SEC"), and incorporated by reference into an effective registration
statement previously filed with the SEC under Rule 415 of the Securities Act of
1933, including all cases where the material does not pertain to securities that
are ultimately offered for sale pursuant to such registration statement.
Information contained in this material is current as of the date appearing on
this material only. Information in this material regarding any assets backing
any securities discussed herein supersedes all prior information regarding such
assets. Any information in the material, whether regarding the assets backing
any securities discussed herein or otherwise, will be superseded by the
information contained in any final prospectus for any securities actually sold
to you. This material is furnished solely by the Underwriter and not by the
issuer of the securities. The issuer of the securities has not prepared,
reviewed or participated in the preparation of this material, is not responsible
for the accuracy of this material and has not authorized the dissemination of
this material. The Underwriter is acting as underwriter and not as an agent for
the issuer in connection with the proposed transaction.
BoAMS 2003-E
Total Arms
--------------------------------------------------------------------------------
1. Original Balance
---------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original Balance Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------
250,001 - 350,000 115 $ 38,985,113 4.04% $ 339,367 4.943% 736 65.35% 356 355 1
---------------------------------------------------------------------------------------------------------------------------
350,001 - 450,000 658 265,239,464 27.49 403,451 4.835 744 67.60 359 358 1
---------------------------------------------------------------------------------------------------------------------------
450,001 - 550,000 435 216,602,997 22.45 498,396 4.802 742 66.98 359 358 1
---------------------------------------------------------------------------------------------------------------------------
550,001 - 650,000 267 160,762,519 16.66 602,537 4.815 743 63.61 360 359 1
---------------------------------------------------------------------------------------------------------------------------
650,001 - 750,000 164 116,808,854 12.11 712,767 4.838 742 64.53 360 359 1
---------------------------------------------------------------------------------------------------------------------------
750,001 - 850,000 44 35,111,432 3.64 798,528 4.849 737 58.71 360 359 1
---------------------------------------------------------------------------------------------------------------------------
850,001 - 950,000 55 49,613,091 5.14 902,692 4.995 740 59.59 352 351 1
---------------------------------------------------------------------------------------------------------------------------
950,001 - 1,050,000 74 73,303,563 7.60 991,783 4.840 741 55.76 360 359 1
---------------------------------------------------------------------------------------------------------------------------
1,050,001 - 1,150,000 1 1,120,000 0.12 1,120,000 3.250 786 80.00 360 360 0
---------------------------------------------------------------------------------------------------------------------------
1,150,001 - 1,250,000 6 7,226,142 0.75 1,205,250 4.936 753 58.67 360 359 1
---------------------------------------------------------------------------------------------------------------------------
Total: 1,819 $964,773,175 100.00% $ 530,840 4.837% 742 64.65% 359 358 1
---------------------------------------------------------------------------------------------------------------------------
Average: $530,840.17
Lowest: $322,701.00
Highest: $1,236,000.00
--------------------------------------------------------------------------------
2. Gross Coupon
-----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Gross Coupon Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
-----------------------------------------------------------------------------------------------------------------------------
3.126 - 3.250 1 $ 1,120,000 0.12% $1,120,000 3.250% 786 80.00% 360 360 0
-----------------------------------------------------------------------------------------------------------------------------
3.376 - 3.500 1 479,245 0.05 480,000 3.500 730 80.00 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
3.501 - 3.625 1 431,235 0.04 431,900 3.625 696 67.28 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
3.626 - 3.750 5 2,243,322 0.23 449,240 3.750 762 78.59 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
3.876 - 4.000 12 6,003,880 0.62 500,723 4.000 755 66.88 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
4.001 - 4.125 29 16,624,451 1.72 573,854 4.125 747 67.80 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
4.126 - 4.250 91 47,654,107 4.94 524,206 4.250 743 62.59 355 354 1
-----------------------------------------------------------------------------------------------------------------------------
4.251 - 4.375 109 56,481,120 5.85 518,736 4.375 743 67.81 359 358 1
-----------------------------------------------------------------------------------------------------------------------------
4.376 - 4.500 194 103,826,203 10.76 535,621 4.500 744 65.71 358 357 1
-----------------------------------------------------------------------------------------------------------------------------
4.501 - 4.625 171 93,459,332 9.69 546,956 4.625 740 64.43 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
4.626 - 4.750 239 125,259,073 12.98 524,445 4.750 744 65.21 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
4.751 - 4.875 257 134,104,126 13.90 522,098 4.875 743 64.97 359 359 1
-----------------------------------------------------------------------------------------------------------------------------
4.876 - 5.000 222 115,514,123 11.97 520,770 5.000 748 63.17 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
5.001 - 5.125 164 88,805,099 9.20 542,176 5.125 742 63.87 359 358 1
-----------------------------------------------------------------------------------------------------------------------------
5.126 - 5.250 144 76,862,099 7.97 534,238 5.250 738 62.98 357 356 1
-----------------------------------------------------------------------------------------------------------------------------
5.251 - 5.375 91 50,516,425 5.24 555,517 5.375 735 62.26 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
5.376 - 5.500 53 28,926,317 3.00 546,417 5.500 730 66.88 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
5.501 - 5.625 19 8,648,266 0.90 455,548 5.625 725 61.31 357 356 1
-----------------------------------------------------------------------------------------------------------------------------
5.626 - 5.750 9 4,829,958 0.50 538,434 5.750 725 70.46 360 357 3
-----------------------------------------------------------------------------------------------------------------------------
5.751 - 5.875 5 2,169,867 0.22 434,400 5.875 699 68.40 360 358 2
-----------------------------------------------------------------------------------------------------------------------------
5.876 - 6.000 2 814,929 0.08 409,800 6.000 710 75.30 360 354 6
-----------------------------------------------------------------------------------------------------------------------------
Total: 1,819 $964,773,175 100.00% $ 530,840 4.837% 742 64.65% 359 358 1
-----------------------------------------------------------------------------------------------------------------------------
W.A.: 4.837%
Lowest: 3.250%
Highest: 6.000%
--------------------------------------------------------------------------------
3. Credit Score
---------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Credit Score Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------------
800 - 824 36 $ 18,009,496 1.87% $500,676 4.931% 805 60.82% 356 355 1
---------------------------------------------------------------------------------------------------------------------------
775 - 799 345 182,146,539 18.88 528,552 4.828 785 60.93 359 359 1
---------------------------------------------------------------------------------------------------------------------------
750 - 774 523 279,489,801 28.97 534,856 4.816 762 63.87 359 359 1
---------------------------------------------------------------------------------------------------------------------------
725 - 749 371 196,893,472 20.41 531,095 4.797 737 66.46 357 357 1
---------------------------------------------------------------------------------------------------------------------------
700 - 724 284 152,724,464 15.83 538,183 4.830 712 66.94 360 359 1
---------------------------------------------------------------------------------------------------------------------------
675 - 699 161 83,896,528 8.70 521,469 4.929 688 66.13 359 358 1
---------------------------------------------------------------------------------------------------------------------------
650 - 674 63 34,620,787 3.59 550,039 4.965 663 67.34 358 357 1
---------------------------------------------------------------------------------------------------------------------------
625 - 649 28 13,869,294 1.44 495,705 4.976 637 65.81 360 359 1
---------------------------------------------------------------------------------------------------------------------------
600 - 624 5 2,092,780 0.22 418,820 5.364 622 69.03 360 360 0
---------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
N/A 3 1,030,013 0.11 343,664 4.292 0 75.21 360 359 1
---------------------------------------------------------------------------------------------------------------------------
Total: 1,819 $964,773,175 100.00% $530,840 4.837% 742 64.65% 359 358 1
---------------------------------------------------------------------------------------------------------------------------
W.A.: 742
Lowest: 620
Highest: 821
--------------------------------------------------------------------------------
4. Index
---------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Index Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
---------------------------------------------------------------------------------------------------------------------
12ML 1,819 $964,773,175 100.00% $530,840 4.837% 742 64.65% 359 358 1
---------------------------------------------------------------------------------------------------------------------
Total: 1,819 $964,773,175 100.00% $530,840 4.837% 742 64.65% 359 358 1
---------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
5. Loan Purpose
----------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Loan Purpose Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------------
Refinance-Rate/Term 1,207 $658,152,501 68.22% $545,782 4.839% 743 62.77% 359 358 1
----------------------------------------------------------------------------------------------------------------------------------
Purchase 357 183,027,745 18.97 513,098 4.782 745 75.04 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
Refinance-Cashout 255 123,592,929 12.81 484,956 4.911 735 59.27 359 358 1
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Total: 1,819 $964,773,175 100.00% $530,840 4.837% 742 64.65% 359 358 1
----------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
6. Property Type
----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Property Type Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------
SFR 1,187 $645,388,486 66.90% $544,198 4.846% 743 63.01% 359 358 1
----------------------------------------------------------------------------------------------------------------------------
PUD Detach 428 222,324,261 23.04 519,805 4.783 741 66.63 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Condo 152 72,991,879 7.57 480,699 4.920 743 71.57 359 358 1
----------------------------------------------------------------------------------------------------------------------------
PUD Attach 41 18,387,569 1.91 448,837 4.856 737 71.22 360 359 1
----------------------------------------------------------------------------------------------------------------------------
2-Family 5 2,768,172 0.29 554,400 4.688 748 63.47 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Townhouse 4 1,638,308 0.17 410,650 4.967 754 69.08 360 359 1
----------------------------------------------------------------------------------------------------------------------------
3-Family 2 1,274,501 0.13 638,000 5.132 733 52.15 360 359 1
----------------------------------------------------------------------------------------------------------------------------
Total: 1,819 $964,773,175 100.00% $530,840 4.837% 742 64.65% 359 358 1
----------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
7. Occupancy Status
-------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Occupancy Status Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------------
Primary 1,708 $906,236,916 93.93% $531,038 4.832% 742 64.84% 359 358 1
-------------------------------------------------------------------------------------------------------------------------------
Secondary 97 52,933,883 5.49 546,078 4.897 752 61.73 358 358 1
-------------------------------------------------------------------------------------------------------------------------------
Investor 14 5,602,376 0.58 401,107 5.070 745 61.04 360 359 1
-------------------------------------------------------------------------------------------------------------------------------
Total: 1,819 $964,773,175 100.00% $530,840 4.837% 742 64.65% 359 358 1
-------------------------------------------------------------------------------------------------------------------------------
8. Geographic Distribution
-----------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Geographic Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Distribution Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
-----------------------------------------------------------------------------------------------------------------------------------
California 1,318 $697,329,243 72.28% $529,532 4.844% 742 64.85% 359 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Illinois 107 61,532,243 6.38 575,529 4.721 748 62.46 355 354 1
-----------------------------------------------------------------------------------------------------------------------------------
Florida 53 28,065,364 2.91 530,033 4.900 740 67.98 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
North Carolina 24 15,182,558 1.57 633,041 4.604 746 61.13 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Arizona 24 13,900,105 1.44 579,543 4.976 740 65.85 354 353 1
-----------------------------------------------------------------------------------------------------------------------------------
Maryland 29 13,764,625 1.43 474,892 4.944 724 64.56 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Virginia 28 12,311,205 1.28 440,177 5.071 724 69.30 355 354 1
-----------------------------------------------------------------------------------------------------------------------------------
Texas 25 11,585,265 1.20 463,849 4.808 747 72.69 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Colorado 21 11,236,407 1.16 535,602 4.911 751 57.21 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Massachusetts 20 10,688,236 1.11 534,825 4.799 741 53.38 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Washington 20 10,294,692 1.07 515,090 4.811 746 66.66 354 354 1
-----------------------------------------------------------------------------------------------------------------------------------
Georgia 22 9,764,707 1.01 444,249 4.655 732 65.66 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------------
South Carolina 18 8,589,472 0.89 477,550 4.738 735 65.90 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Nevada 13 7,382,372 0.77 568,262 4.967 752 64.50 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Connecticut 11 7,349,264 0.76 668,545 4.796 729 57.81 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Tennessee 10 4,790,757 0.50 479,627 5.080 735 65.25 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Oregon 9 4,389,805 0.46 488,214 4.944 755 64.87 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Missouri 7 3,990,584 0.41 570,564 4.717 721 69.09 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Minnesota 7 3,653,717 0.38 522,386 4.768 735 65.25 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
District of Columbia 6 3,210,100 0.33 535,687 4.795 753 59.01 360 359 1
-----------------------------------------------------------------------------------------------------------------------------------
Other 47 25,762,454 2.67 548,841 4.810 748 64.49 358 358 1
-----------------------------------------------------------------------------------------------------------------------------------
Total: 1,819 $964,773,175 100.00% $530,840 4.837% 742 64.65% 359 358 1
-----------------------------------------------------------------------------------------------------------------------------------
9. County Distribution
----------------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
County Distribution Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------------
SANTA ▇▇▇▇▇ 381 $197,314,562 20.45% $518,329 4.714% 748 65.26% 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
LOS ANGELES 151 86,150,628 8.93 571,180 4.915 736 64.38 359 358 1
----------------------------------------------------------------------------------------------------------------------------------
ORANGE 137 76,365,538 7.92 557,758 4.921 732 62.75 358 357 1
----------------------------------------------------------------------------------------------------------------------------------
SAN MATEO 109 60,798,131 6.30 558,182 4.902 749 62.18 357 356 1
----------------------------------------------------------------------------------------------------------------------------------
ALAMEDA 113 55,505,205 5.75 491,690 4.794 739 67.43 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
SAN DIEGO 96 47,081,126 4.88 490,672 4.839 750 63.80 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
CONTRA COSTA 75 38,494,091 3.99 513,550 4.890 741 64.66 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
COOK 65 37,049,320 3.84 570,374 4.759 745 63.80 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
SAN FRANCISCO 68 36,226,550 3.75 533,252 4.992 734 69.78 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
MARIN 37 21,757,998 2.26 588,372 4.916 740 62.49 360 359 1
----------------------------------------------------------------------------------------------------------------------------------
Other 587 308,030,026 31.93 525,256 4.847 742 64.56 358 357 1
----------------------------------------------------------------------------------------------------------------------------------
Total: 1,819 $964,773,175 100.00% $530,840 4.837% 742 64.65% 359 358 1
----------------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------
10. Original LTV
----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original LTV Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
----------------------------------------------------------------------------------------------------------------------------
5.01 - 10.00 1 $ 600,000 0.06% $600,000 4.875% 756 10.00% 360 357 3
----------------------------------------------------------------------------------------------------------------------------
10.01 - 15.00 5 2,130,701 0.22 426,140 4.640 765 13.36 360 360 0
----------------------------------------------------------------------------------------------------------------------------
15.01 - 20.00 9 5,885,606 0.61 659,167 5.059 746 17.31 360 358 2
----------------------------------------------------------------------------------------------------------------------------
20.01 - 25.00 14 8,004,993 0.83 572,262 5.058 740 22.59 360 359 1
----------------------------------------------------------------------------------------------------------------------------
25.01 - 30.00 23 14,382,310 1.49 625,666 4.937 748 28.09 360 359 1
----------------------------------------------------------------------------------------------------------------------------
30.01 - 35.00 26 17,315,215 1.79 666,440 4.906 760 33.20 331 330 1
----------------------------------------------------------------------------------------------------------------------------
35.01 - 40.00 42 23,554,591 2.44 561,273 4.861 766 37.83 359 358 1
----------------------------------------------------------------------------------------------------------------------------
40.01 - 45.00 77 43,700,006 4.53 567,937 4.824 750 42.71 359 358 1
----------------------------------------------------------------------------------------------------------------------------
45.01 - 50.00 100 59,065,729 6.12 591,168 4.921 742 47.90 360 359 1
----------------------------------------------------------------------------------------------------------------------------
50.01 - 55.00 106 56,294,453 5.83 531,486 4.811 749 52.73 357 357 1
----------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
55.01 - 60.00 142 77,847,473 8.07 548,608 4.804 742 57.87 360 359 1
---------------------------------------------------------------------------------------------------------------------------
60.01 - 65.00 159 86,936,118 9.01 547,178 4.791 746 62.66 360 359 1
---------------------------------------------------------------------------------------------------------------------------
65.01 - 70.00 298 159,559,587 16.54 535,834 4.824 741 68.17 360 359 1
---------------------------------------------------------------------------------------------------------------------------
70.01 - 75.00 243 132,580,186 13.74 546,053 4.884 740 73.29 359 359 1
---------------------------------------------------------------------------------------------------------------------------
75.01 - 80.00 563 272,484,849 28.24 484,436 4.815 737 79.20 359 359 1
---------------------------------------------------------------------------------------------------------------------------
80.01 - 85.00 2 937,750 0.10 468,875 4.592 694 84.94 360 360 0
---------------------------------------------------------------------------------------------------------------------------
85.01 - 90.00 8 3,118,273 0.32 390,143 4.860 708 88.89 360 359 1
---------------------------------------------------------------------------------------------------------------------------
90.01 - 95.00 1 375,334 0.04 377,150 4.625 763 95.00 360 359 1
---------------------------------------------------------------------------------------------------------------------------
Total: 1,819 $964,773,175 100.00% $530,840 4.837% 742 64.65% 359 358 1
---------------------------------------------------------------------------------------------------------------------------
W.A.: 64.65%
Lowest: 10.00%
Highest: 95.00%
11. Original Term
-----------------------------------------------------------------------------------------------------------------------------
Number Aggregate Percent Average W.A. W.A.
of Current of Loans Original W.A. W.A. W.A. Original Remaining W.A.
Mortgage Principal by Principal Principal Gross FICO Original Term to Term to Loan
Original Term Loans Balance Balance Balance Coupon Score LTV Maturity Maturity Age
-----------------------------------------------------------------------------------------------------------------------------
120 2 $ 1,743,114 0.18% $874,500 4.870% 736 32.76% 120 119 1
-----------------------------------------------------------------------------------------------------------------------------
180 6 2,504,406 0.26 418,715 4.460 742 56.79 180 179 1
-----------------------------------------------------------------------------------------------------------------------------
240 1 472,830 0.05 474,000 4.875 736 75.84 240 239 1
-----------------------------------------------------------------------------------------------------------------------------
300 5 1,808,605 0.19 362,312 5.199 752 62.41 300 299 1
-----------------------------------------------------------------------------------------------------------------------------
360 1,805 958,244,220 99.32 531,330 4.837 742 64.72 360 359 1
-----------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------------
Total: 1,819 $964,773,175 100.00% $530,840 4.837% 742 64.65% 359 358 1
-----------------------------------------------------------------------------------------------------------------------------
W.A.: 358.9 months
Lowest: 120 months
Highest: 360 months
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Banc of America Securities LLC
--------------------------------------------------------------------------------
This Structural Term Sheet, Collateral Term Sheet, or Computational Materials,
as appropriate (the "material"), is for your private information, and Banc of
America Securities LLC (the "Underwriter") is not soliciting any action based
upon it. This material is not to be construed as an offer to sell or the
solicitation of any offer to buy any security in any jurisdiction where such an
offer or solicitation would be illegal. This material is based on information
that the Underwriter considers reliable, but the Underwriter does not represent
that it is accurate or complete, and it should not be relied upon as such. By
accepting this material, the recipient agrees that it will not distribute or
provide the material to any other person. The information contained in this
material may pertain to securities that ultimately are not sold. The information
contained in this material may be based on assumptions regarding market
conditions and other matters as reflected herein. The Underwriter makes no
representation regarding the reasonableness of such assumptions, or the
likelihood that any of such assumptions will coincide with actual market
conditions or events, and this material should not be relied upon for such
purposes. The Underwriter and its affiliates, officers, directors, partners and
employees, including persons involved in the preparation or issuance of this
material may, from time to time, have long or short positions in, and/or buy and
sell, the securities mentioned therein or derivatives thereof (including
options). This material may be filed with the Securities and Exchange Commission
(the "SEC"), and incorporated by reference into an effective registration
statement previously filed with the SEC under Rule 415 of the Securities Act of
1933, including all cases where the material does not pertain to securities that
are ultimately offered for sale pursuant to such registration statement.
Information contained in this material is current as of the date appearing on
this material only. Information in this material regarding any assets backing
any securities discussed herein supersedes all prior information regarding such
assets. Any information in the material, whether regarding the assets backing
any securities discussed herein or otherwise, will be superseded by the
information contained in any final prospectus for any securities actually sold
to you. This material is furnished solely by the Underwriter and not by the
issuer of the securities. The issuer of the securities has not prepared,
reviewed or participated in the preparation of this material, is not responsible
for the accuracy of this material and has not authorized the dissemination of
this material. The Underwriter is acting as underwriter and not as an agent for
the issuer in connection with the proposed transaction.
BoAMS 2003-E
Total Arms
Collateral Summary Report
--------------------------------------------------------------------------------
1. General Pool Characteristics
Pool Size: $964,773,175.03
Loan Count: 1,819
Cut-off Date: 2003-05-01
Avg. Loan Balance: $530,386.57
Avg. Orig. Balance: $530,840.17
W.A. FICO*: 742
W.A. Orig. LTV: 64.65%
W.A. Cut-Off LTV: 64.59%
W.A. Gross Coupon: 4.837%
W.A. Orig. Term: 359 months
W.A. Rem. Term: 358 months
W.A. Age: 1 months
% over 80 COLTV: 0.46%
% over 100 COLTV: 0.00%
% with PMI: 0.46%
% over 80 with PMI: 100.00%
W.A. MI Coverage: 22.67%
W.A. MI Adjusted LTV: 64.50%
% Second Lien: 0.00%
% with Prepay Penalty: 4.99%
% Balloon: 0.00%
Max. Zipcode Conc.: 2.88%
* FICO not available for 3 loans, or 0.1% of the aggregate pool balance.
--------------------------------------------------------------------------------
2. Original Balance
-------------------------------
Original Balance Percent
-------------------------------
250,001 - 350,000 4.04%
-------------------------------
350,001 - 450,000 27.49
-------------------------------
450,001 - 550,000 22.45
-------------------------------
550,001 - 650,000 16.66
-------------------------------
650,001 - 750,000 12.11
-------------------------------
750,001 - 850,000 3.64
-------------------------------
850,001 - 950,000 5.14
-------------------------------
950,001 - 1,050,000 7.60
-------------------------------
1,050,001 - 1,150,000 0.12
-------------------------------
1,150,001 - 1,250,000 0.75
-------------------------------
Total: 100.00%
-------------------------------
Average: $530,840.17
Lowest: $322,701.00
Highest: $1,236,000.00
--------------------------------------------------------------------------------
3. Cut-Off Balance
-------------------------------
Cut-Off Balance Percent
-------------------------------
300,001 - 400,000 16.96%
-------------------------------
400,001 - 500,000 28.09
-------------------------------
500,001 - 600,000 17.50
-------------------------------
600,001 - 700,000 12.76
-------------------------------
700,001 - 800,000 9.63
-------------------------------
800,001 - 900,000 4.47
-------------------------------
900,001 - 1,000,000 9.61
-------------------------------
1,000,001 - 1,100,000 0.11
-------------------------------
1,100,001 - 1,200,000 0.61
-------------------------------
1,200,001 - 1,300,000 0.25
-------------------------------
Total: 100.00%
-------------------------------
Average: 530,386.57
Lowest: 322,701.00
Highest: 1,236,000.00
--------------------------------------------------------------------------------
4. Lien Position
-----------------------
Lien Position Percent
-----------------------
1 100.00%
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
5. Cutoff Rollterm
-------------------------
Cutoff Rollterm Percent
-------------------------
25 - 30 0.26%
-------------------------
31 - 36 19.76
-------------------------
49 - 54 0.04
-------------------------
55 - 60 74.04
-------------------------
79 - 84 5.90
-------------------------
Total: 100.00%
-------------------------
W.A.: 55.8 months
Lowest: 26 months
Highest: 84 months
--------------------------------------------------------------------------------
6. Coupon
-----------------------
Coupon Percent
-----------------------
3.126 - 3.250 0.12%
-----------------------
3.376 - 3.500 0.05
-----------------------
3.501 - 3.625 0.04
-----------------------
3.626 - 3.750 0.23
-----------------------
3.876 - 4.000 0.62
-----------------------
4.001 - 4.125 1.72
-----------------------
4.126 - 4.250 4.94
-----------------------
4.251 - 4.375 5.85
-----------------------
4.376 - 4.500 10.76
-----------------------
4.501 - 4.625 9.69
-----------------------
-----------------------
4.626 - 4.750 12.98
-----------------------
4.751 - 4.875 13.90
-----------------------
4.876 - 5.000 11.97
-----------------------
5.001 - 5.125 9.20
-----------------------
5.126 - 5.250 7.97
-----------------------
5.251 - 5.375 5.24
-----------------------
5.376 - 5.500 3.00
-----------------------
5.501 - 5.625 0.90
-----------------------
5.626 - 5.750 0.50
-----------------------
5.751 - 5.875 0.22
-----------------------
5.876 - 6.000 0.08
-----------------------
Total: 100.00%
-----------------------
W.A.: 4.837
Lowest: 3.250
Highest: 6.000
--------------------------------------------------------------------------------
7. Credit Score*
-----------------------
Credit Score* Percent
-----------------------
801 - 850 1.66%
-----------------------
751 - 800 47.05
-----------------------
701 - 750 36.71
-----------------------
651 - 700 12.74
-----------------------
601 - 650 1.73
-----------------------
= 0 0.11
-----------------------
Total: 100.00%
-----------------------
W.A.: 742
Lowest: 620
Highest: 821
--------------------------------------------------------------------------------
8. PMI Providers
-----------------------
PMI Providers Percent
-----------------------
None 99.54%
-----------------------
-----------------------
GEMIC 0.28
-----------------------
RMIC 0.10
-----------------------
UGIC 0.08
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
9. Product Type
----------------------------
Product Type Percent
----------------------------
5/25 12 MO LIBOR 49.25%
----------------------------
5YR IO 12 MO LIBOR 24.31
----------------------------
3/27 12 MO LIBOR 19.97
----------------------------
7/23 12 MO LIBOR 5.79
----------------------------
5/5 12 MO LIBOR 0.18
----------------------------
5/10 12 MO LIBOR 0.17
----------------------------
5/20 12 MO LIBOR 0.11
----------------------------
7/18 12 MO LIBOR 0.07
----------------------------
3/12 12 MO LIBOR 0.05
----------------------------
5/15 12 MO LIBOR 0.05
----------------------------
7/8 12 MO LIBOR 0.04
----------------------------
Total: 100.00%
----------------------------
--------------------------------------------------------------------------------
10. Loan Purpose
-----------------------------
Loan Purpose Percent
-----------------------------
Refinance-Rate/Term 68.22%
-----------------------------
Purchase 18.97
-----------------------------
Refinance-Cashout 12.81
-----------------------------
Total: 100.00%
-----------------------------
--------------------------------------------------------------------------------
11. Index
----------------
Index Percent
----------------
----------------
12ML 100.00%
----------------
Total: 100.00%
----------------
--------------------------------------------------------------------------------
12. Loan Type
----------------------
Loan Type Percent
----------------------
CONVENTIONAL 100.00%
----------------------
Total: 100.00%
----------------------
--------------------------------------------------------------------------------
13. Property Type
-----------------------
Property Type Percent
-----------------------
SFR 66.90%
-----------------------
PUD Detach 23.04
-----------------------
Condo 7.57
-----------------------
PUD Attach 1.91
-----------------------
2-Family 0.29
-----------------------
Townhouse 0.17
-----------------------
3-Family 0.13
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
14. Occupancy Status
--------------------------
Occupancy Status Percent
--------------------------
Primary 93.93%
--------------------------
Secondary 5.49
--------------------------
Investor 0.58
--------------------------
Total: 100.00%
--------------------------
--------------------------------------------------------------------------------
15. Documentation
------------------------
Documentation Percent
------------------------
Rapid 62.93%
------------------------
Standard 19.35
------------------------
Reduced 14.92
------------------------
All Ready Home 2.80
------------------------
Total: 100.00%
------------------------
--------------------------------------------------------------------------------
16. State
------------------------
State Percent
------------------------
California 72.28%
------------------------
Illinois 6.38
------------------------
Florida 2.91
------------------------
North Carolina 1.57
------------------------
Arizona 1.44
------------------------
Other 15.42
------------------------
Total: 100.00%
------------------------
--------------------------------------------------------------------------------
17. Zip Code
------------------
Zip Code Percent
------------------
95014 2.88%
------------------
95070 1.97
------------------
94539 1.48
------------------
94087 1.30
------------------
95129 1.18
------------------
Other 91.19
------------------
Total: 100.00%
------------------
--------------------------------------------------------------------------------
18. OLTV
-----------------------
OLTV Percent
-----------------------
-----------------------
*= 20.00 0.89%
-----------------------
20.01 - 25.00 0.83
-----------------------
25.01 - 30.00 1.49
-----------------------
30.01 - 35.00 1.79
-----------------------
35.01 - 40.00 2.44
-----------------------
40.01 - 45.00 4.53
-----------------------
45.01 - 50.00 6.12
-----------------------
50.01 - 55.00 5.83
-----------------------
55.01 - 60.00 8.07
-----------------------
60.01 - 65.00 9.01
-----------------------
65.01 - 70.00 16.54
-----------------------
70.01 - 75.00 13.74
-----------------------
75.01 - 80.00 28.24
-----------------------
80.01 - 85.00 0.10
-----------------------
85.01 - 90.00 0.32
-----------------------
90.01 - 95.00 0.04
-----------------------
Total: 100.00%
-----------------------
* denotes less than
W.A.: 64.65%
Lowest: 10.00%
Highest: 95.00%
--------------------------------------------------------------------------------
19. Cut-Off LTV
-----------------------
Cut-Off LTV Percent
-----------------------
*= 20.00 0.89%
-----------------------
20.01 - 25.00 0.83
-----------------------
25.01 - 30.00 1.49
-----------------------
30.01 - 35.00 1.79
-----------------------
35.01 - 40.00 2.51
-----------------------
40.01 - 45.00 4.58
-----------------------
45.01 - 50.00 6.00
-----------------------
50.01 - 55.00 5.83
-----------------------
55.01 - 60.00 8.07
-----------------------
60.01 - 65.00 9.11
-----------------------
* denotes less than
-----------------------
65.01 - 70.00 16.48
-----------------------
70.01 - 75.00 13.78
-----------------------
75.01 - 80.00 28.16
-----------------------
80.01 - 85.00 0.10
-----------------------
85.01 - 90.00 0.32
-----------------------
90.01 - 95.00 0.04
-----------------------
Total: 100.00%
-----------------------
W.A.: 64.59%
Lowest: 10.00%
Highest: 94.54%
--------------------------------------------------------------------------------
20. Delinquency*
----------------------
Delinquency* Percent
----------------------
0-29 days 100.00%
----------------------
Total: 100.00%
----------------------
* MBA method
--------------------------------------------------------------------------------
21. Times 30 Days
-----------------------
Times 30 Days Percent
-----------------------
0 99.74%
-----------------------
1 0.26
-----------------------
Total: 100.00%
-----------------------
--------------------------------------------------------------------------------
22. Convertible Flag
--------------------------
Convertible Flag Percent
--------------------------
N 99.86%
--------------------------
Y 0.14
--------------------------
Total: 100.00%
--------------------------
--------------------------------------------------------------------------------
23. Prepay Flag
---------------------
Prepay Flag Percent
---------------------
N 95.01%
---------------------
Y 4.99
---------------------
Total: 100.00%
---------------------
--------------------------------------------------------------------------------
24. Prepay Penalty Term
-----------------------------
Prepay Penalty Term Percent
-----------------------------
0 95.01%
-----------------------------
36 4.99
-----------------------------
Total: 100.00%
-----------------------------
W.A.: 1.8
Lowest: 0
Highest: 36
--------------------------------------------------------------------------------
25. Remaining Prepayment Term
-----------------------------------
Remaining Prepayment Term Percent
-----------------------------------
0 95.01%
-----------------------------------
28 0.04
-----------------------------------
31 0.05
-----------------------------------
32 0.81
-----------------------------------
33 0.86
-----------------------------------
34 1.12
-----------------------------------
35 1.49
-----------------------------------
36 0.62
-----------------------------------
Total: 100.00%
-----------------------------------
--------------------------------------------------------------------------------
26. Buydown Agreement
---------------------------
Buydown Agreement Percent
---------------------------
N 100.00%
---------------------------
Total: 100.00%
---------------------------
--------------------------------------------------------------------------------
27. Original Term
-----------------------
Original Term Percent
-----------------------
120 0.18%
-----------------------
180 0.26
-----------------------
240 0.05
-----------------------
300 0.19
-----------------------
360 99.32
-----------------------
Total: 100.00%
-----------------------
W.A.: 358.9 months
Lowest: 120 months
Highest: 360 months
--------------------------------------------------------------------------------
28. Scheduled Remaining Term
----------------------------------
Scheduled Remaining Term Percent
----------------------------------
115 - 120 0.18%
----------------------------------
175 - 180 0.26
----------------------------------
235 - 240 0.05
----------------------------------
295 - 300 0.19
----------------------------------
349 - 354 0.30
----------------------------------
355 - 360 99.03
----------------------------------
Total: 100.00%
----------------------------------
W.A.: 358.2 months
Lowest: 119 months
Highest: 360 months
--------------------------------------------------------------------------------
29. Cut-Off Loan Age
--------------------------
Cut-Off Loan Age Percent
--------------------------
= 0 31.81%
--------------------------
1 - 6 67.89
--------------------------
7 - 12 0.30
--------------------------
Total: 100.00%
--------------------------
W.A.: 0.8 months
Lowest: 0 months
Highest: 10 months
--------------------------------------------------------------------------------
30. Gross Margin
----------------------
Gross Margin Percent
----------------------
2.250 100.00%
----------------------
Total: 100.00%
----------------------
W.A.: 2.250%
Lowest: 2.250%
Highest: 2.250%
--------------------------------------------------------------------------------
31. Initial Cap (ARMs)
----------------------------
Initial Cap (ARMs) Percent
----------------------------
2.000 20.02%
----------------------------
5.000 79.98
----------------------------
Total: 100.00%
----------------------------
W.A.: 4.399%
Lowest: 2.000%
Highest: 5.000%
--------------------------------------------------------------------------------
32. Periodic Cap (ARMs)
-----------------------------
Periodic Cap (ARMs) Percent
-----------------------------
2.000 100.00%
-----------------------------
Total: 100.00%
-----------------------------
W.A.: 2.000%
Lowest: 2.000%
Highest: 2.000%
--------------------------------------------------------------------------------
33. Maximum Rate (ARMs)
-----------------------------
Maximum Rate (ARMs) Percent
-----------------------------
8.001 - 9.000 0.72%
-----------------------------
9.001 - 10.000 52.81
-----------------------------
10.001 - 11.000 46.17
-----------------------------
11.001 - 12.000 0.30
-----------------------------
Total: 100.00%
-----------------------------
W.A.: 10.037%
Lowest: 8.250%
Highest: 12.000%
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
Banc of America Securities LLC
--------------------------------------------------------------------------------
This Structural Term Sheet, Collateral Term Sheet, or Computational Materials,
as appropriate (the "material"), is for your private information, and Banc of
America Securities LLC (the "Underwriter") is not soliciting any action based
upon it. This material is not to be construed as an offer to sell or the
solicitation of any offer to buy any security in any jurisdiction where such an
offer or solicitation would be illegal. This material is based on information
that the Underwriter considers reliable, but the Underwriter does not represent
that it is accurate or complete, and it should not be relied upon as such. By
accepting this material, the recipient agrees that it will not distribute or
provide the material to any other person. The information contained in this
material may pertain to securities that ultimately are not sold. The information
contained in this material may be based on assumptions regarding market
conditions and other matters as reflected herein. The Underwriter makes no
representation regarding the reasonableness of such assumptions, or the
likelihood that any of such assumptions will coincide with actual market
conditions or events, and this material should not be relied upon for such
purposes. The Underwriter and its affiliates, officers, directors, partners and
employees, including persons involved in the preparation or issuance of this
material may, from time to time, have long or short positions in, and/or buy and
sell, the securities mentioned therein or derivatives thereof (including
options). This material may be filed with the Securities and Exchange Commission
(the "SEC"), and incorporated by reference into an effective registration
statement previously filed with the SEC under Rule 415 of the Securities Act of
1933, including all cases where the material does not pertain to securities that
are ultimately offered for sale pursuant to such registration statement.
Information contained in this material is current as of the date appearing on
this material only. Information in this material regarding any assets backing
any securities discussed herein supersedes all prior information regarding such
assets. Any information in the material, whether regarding the assets backing
any securities discussed herein or otherwise, will be superseded by the
information contained in any final prospectus for any securities actually sold
to you. This material is furnished solely by the Underwriter and not by the
issuer of the securities. The issuer of the securities has not prepared,
reviewed or participated in the preparation of this material, is not responsible
for the accuracy of this material and has not authorized the dissemination of
this material. The Underwriter is acting as underwriter and not as an agent for
the issuer in connection with the proposed transaction.