Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2005-7 – ‘8-K’ for 7/28/05

On:  Tuesday, 9/6/05, at 3:50pm ET   ·   For:  7/28/05   ·   Accession #:  914121-5-1695   ·   File #:  333-118843-28

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                         5     13K 
 2: EX-4        Pooling and Servicing Agreement                      183±   704K 

8-K   —   Current Report
Document Table of Contents

8-K
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 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
 Securities Exchange Act of 1934

Date of Report:  July 28, 2005                                                  
(Date of earliest event reported)                                               

 Banc of America Mortgage Securities, Inc.
--------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)

Delaware                    333-118843             36-4514369 
--------------------------------------------------------------------------------
(State or other jurisdiction    (Commission File No.)     (IRS Employer         
of incorporation)                                       Identification No.)     

201 North Tryon Street, Charlotte, North Carolina               28255 
--------------------------------------------------------------------------------
Address of principal executive offices                            (Zip Code)    

Registrant's telephone number, including area code           (704) 387-8239     
                                                  ------------------------------

--------------------------------------------------------------------------------
 (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to           
simultaneously satisfy the filing obligation of the registrant under any of the 
following provisions:                                                           

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)                                                                        

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR  
240.14a-12)                                                                     

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))                                                       

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))                                                       

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ITEM 8.01.    Other Events                                                      
------------                                        

On July 28, 2005, Banc of America Mortgage Securities, Inc., a Delaware         
corporation (the "Registrant"), sold Banc of America Alternative Loan Trust     
2005-7 Mortgage Pass-Through Certificates, Series 2005-7, Class CB-1, Class     
CB-2, Class CB-3, Class CB-4, Class CB-5, Class CB-R, Class 2-CB-1, Class       
3-CB-1, Class 4-CB-1, Class CB-IO, Class CB-PO, Class B-1, Class B-2 and Class  
B-3 (the "Offered Certificates"), having an aggregate original principal balance
of $371,268,514.00. The Offered Certificates were issued pursuant to a Pooling  
and Servicing Agreement, dated July 28, 2005, among the Registrant, Bank of     
America, N.A., as servicer ("BANA"), and Wells Fargo Bank, N.A., as trustee (the
"Agreement"), a copy of which is filed as an exhibit hereto. Mortgage           
Pass-Through Certificates, Series 2005-7, Class B-4, Class B-5 and Class B-6    
Certificates, having an aggregate initial principal balance of $3,561,384.00    
(the "Private Certificates" and, together with the Offered Certificates, the    
"Certificates"), were also issued pursuant to the Agreement.                    

As of the date of initial issuance, the Offered Certificates evidenced an       
approximate 99.05% undivided interest in a trust (the "Trust"), consisting      
principally of a pool of fixed interest rate, conventional, monthly pay,        
fully-amortizing, one- to four-family residential first mortgage loans. The     
remaining undivided interests in the Trust are evidenced by the Private         
Certificates distributions on which are subordinated to distributions on the    
Offered Certificates.                                                           

Interest on the Offered Certificates will be distributed on each Distribution   
Date (as defined in the Agreement). Monthly distributions in reduction of the   
principal balance of the Offered Certificates will be allocated to the Offered  
Certificates in accordance with the priorities set forth in the Agreement.      
Distributions of interest and in reduction of principal balance on any          
Distribution Date will be made to the extent that the related Pool Distribution 
Amount is sufficient therefor.                                                  

Elections will be made to treat the Trust as three separate REMICs for federal  
income tax purposes (the "Lower-Tier REMIC," "Middle-Tier REMIC" and "Upper-Tier
REMIC" and each a "REMIC"). The Class CB-1, Class CB-2, Class CB-3, Class CB-4, 
Class CB-5, Class CB-R, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5   
and Class B-6 Certificates and each IO Component and each PO Component will be  
treated as "regular interests" in the Upper-REMIC and the Class CB-R Certificate
will be treated as the "residual interest" in the Upper-Tier REMIC, Middle-Tier 
REMIC and "Lower-Tier REMIC.                                                    

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ITEM 9.01     Financial Statements and Exhibits                                 
---------------------------------                   

(c)  Exhibits                                                                 

Item 601(a)                                                                     
of Regulation S-K                                                               
Exhibit No.                            Description                              
-----------                            -----------                              

   (4)                              Pooling and Servicing Agreement, dated
                                  July 28, 2005, among Banc of America
                                Mortgage Securities, Inc., Bank of
                                       America, N.A. and Wells Fargo Bank, N.A.,
         as trustee.

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Pursuant to the requirements of the Securities Exchange Act of 1934, the        
registrant has duly caused this report to be signed on its behalf by the        
undersigned hereunto duly authorized.                                           

                      BANC OF AMERICA MORTGAGE
                  SECURITIES, INC.

July 28, 2005                                                                   

By: /s/ Judy Lowman     
                    ------------------------------------
   Name:   Judy Lowman
      Title:  Vice President

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 INDEX TO EXHIBITS

                                                        Paper (P) or
Exhibit No.                 Description                       Electronic (E)    
-----------                 -----------                       --------------    

(4)                      Pooling and Servicing Agreement,    E            
      dated July 28, 2005 among Banc
       of America Mortgage Securities,
       Inc., Bank of America, N.A. and
  Wells Fargo Bank, N.A., as
trustee.                

Dates Referenced Herein

				Referenced-On Page
This ‘8-K’ Filing		Date		First		Last			Other Filings
Filed on:		9/6/05							None on these Dates
For Period End:		7/28/05		1		5
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