BOAMS

AcronymDefinition
BOAMSBanc of America Mortgage Securities, Inc. (New York, NY)
References in periodicals archive ?
And the release also states, "Bank of America concealed important risks associated with the mortgages backing the BOAMS 2008-A securitization.
These misstatements and omissions concerned the quality and safety of the mortgages collateralizing the BOAMS 2008-A securitization, how it originated those mortgages and the likelihood that the 'prime' loans would perform as expected," the Justice Department said in its statement.
The underlying collateral pool for BOAMS 2005-I, classes 2-A-1 and 2-A-5 consisted of 5-year hybrid loans.
4% interest in the class 2-A-2 mortgage pass-through certificates from BOAMS series 2005-3 Trust which represents beneficial ownership interest in fixed-rate, conventional, first lien residential mortgage loans, substantially all of which have original terms to stated maturity of 30 years.