-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, APJI+Ebe59n6v61nh8zOCtBTwHSgy4aZS8nFbYiCH8ie2gymHlTeJ/hkj2BzL+BL 0DLcDZrhrjIVwBREzO+3VQ== 0001071787-03-000723.txt : 20030604 0001071787-03-000723.hdr.sgml : 20030604 20030604100451 ACCESSION NUMBER: 0001071787-03-000723 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030525 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030604 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST HORIZON MORTGAGE PASS THROUGH TRUST 2002-3 CENTRAL INDEX KEY: 0001175140 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-74467-13 FILM NUMBER: 03731420 BUSINESS ADDRESS: STREET 1: 4000 HORIZON WAY CITY: IRVING STATE: TX ZIP: 75063 BUSINESS PHONE: 2144414000 MAIL ADDRESS: STREET 1: 4000 HORIZON WAY CITY: IRVING STATE: TX ZIP: 75063 8-K 1 fh0203_8k0305.txt 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 (Date of earliest event reported): May 25, 2003 FH (Depositor) (Issuer in respect of First Horizon Mortgage Pass-Through Trust, Mortgage (Exact name of registrant as specified in charter) Texas 333-74467-13 13-4150878 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 4000 Horizon Way, Irving, TX 75063 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including area code: (214) 441-4000 Not Applicable (Former name, former address and former fiscal year, if changed since last report) Item 5. Other Events FH First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2002-3 On May 25, 2003, The Bank of New York, as Trustee for FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2002-3, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of May 1, 2002, among FH as Depositor, , Seller and Master Servicer and The Bank of New York, as Trustee. Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 99 Report to Holders of FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2002-3 relating to the distribution date of May 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of May 1, 2002. SIGNATURES 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 thereunto duly authorized. Dated: May 25, 2003 FH By: /s/ Diane Pickett ------------------------------ Name: Diane Pickett Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated May 25, 2003 Payment Date: 05/25/03 ------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------
Class Information Current Payment Information - ---------------------------------------------------------------------------------------------------------------------------------- Beginning Pass Thru Principal Interest Total Principal Interest Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls - ---------------------------------------------------------------------------------------------------------------------------------- Senior 1A1 26,805,137.22 6.500000% 13,350,603.29 144,599.39 13,495,202.67 0.00 595.11 1A2 23,931,000.00 6.500000% 0.00 129,094.95 129,094.95 0.00 531.30 1A3 15,664,816.40 6.500000% 83,083.31 84,503.31 167,586.62 0.00 347.78 1A4 15,401,583.60 6.500000% 0.00 0.00 0.00 0.00 341.93 1A5 2,827,721.11 1.870000% 1,408,378.64 4,388.47 1,412,767.11 0.00 18.06 1A6 2,827,721.11 6.630000% 0.00 15,559.12 15,559.12 0.00 64.03 1A7 7,540,589.64 5.750000% 3,755,676.38 35,983.90 3,791,660.28 0.00 148.09 1A8 34,515,000.00 6.500000% 0.00 186,189.97 186,189.97 0.00 766.28 Residual 1RU 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 1RL 0.00 6.500000% 0.00 0.00 0.00 0.00 0.00 2A1 20,976,285.67 6.000000% 3,186,552.26 104,719.72 3,291,271.98 0.00 161.71 2A2 8,969,000.00 6.000000% 0.00 44,775.86 44,775.86 0.00 69.14 - ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 5,310,404.29 6.418702% 6,551.53 28,299.53 34,851.06 0.00 105.38 B2 2,042,463.19 6.418702% 2,519.82 10,884.44 13,404.25 0.00 40.53 B3 1,429,724.23 6.418702% 1,763.87 7,619.11 9,382.98 0.00 28.37 B4 816,985.28 6.418702% 1,007.93 4,353.77 5,361.70 0.00 16.21 B5 612,738.96 6.418702% 755.95 3,265.33 4,021.28 0.00 12.16 B6 613,259.74 6.418702% 756.59 3,268.11 4,024.69 0.00 12.17 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 167,456,709.33 - 21,797,649.56 807,504.98 22,605,154.53 - 3,258.27 - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior 1A1 13,454,533.94 595.11 1A2 23,931,000.00 531.30 1A3 15,581,733.09 347.78 1A4 15,484,666.91 341.93 1A5 1,419,342.47 18.06 1A6 1,419,342.47 64.03 1A7 3,784,913.25 148.09 1A8 34,515,000.00 766.28 Residual 1RU 0.00 0.00 1RL 0.00 0.00 2A1 17,789,733.41 161.71 2A2 8,969,000.00 69.14 - -------------------------------------------------------------------------------- Subordinate B1 5,303,852.77 105.38 B2 2,039,943.37 40.53 B3 1,427,960.36 28.37 B4 815,977.35 16.21 B5 611,983.01 12.16 B6 612,503.15 12.17 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 145,742,143.08 3,258.27 - --------------------------------------------------------------------------------
Payment Date: 05/25/03 ------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------
Class Information Current Payment Information Factors per $1,000 - ------------------------------------------------------------------------------------------------------------------------ Beginning Pass Thru CUSIP Principal Interest Ending Cert./ Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal. - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Senior 1A1 26,805,137.22 6.500000% 32051DLU4 75.113528 0.813549 75.698265 1A2 23,931,000.00 6.500000% 32051DLV2 0.000000 5.394465 1,000.000000 1A3 15,664,816.40 6.500000% 32051DLW0 5.019230 5.105015 941.323814 1A4 15,401,583.60 6.500000% 32051DLX8 0.000000 0.000000 1,066.922080 1A5 2,827,721.11 1.870000% 32051DLY6 75.113528 0.234052 75.698265 1A6 2,827,721.11 6.630000% 32051DLZ3 0.000000 0.829820 75.698265 1A7 7,540,589.64 5.750000% 32051DMA7 75.113528 0.719678 75.698265 1A8 34,515,000.00 6.500000% 32051DMB5 0.000000 5.394465 1,000.000000 Residual 1RU 0.00 6.500000% 32051DMC3 0.000000 0.000000 0.000000 1RL 0.00 6.500000% 32051DMD1 0.000000 0.000000 0.000000 2A1 20,976,285.67 6.000000% 32051DME9 54.866770 1.803088 306.307611 2A2 8,969,000.00 6.000000% 32051DMF6 0.000000 4.992291 1,000.000000 - ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 5,310,404.29 6.418702% 32051DMG4 1.217304 5.258182 985.479890 B2 2,042,463.19 6.418702% 32051DMH2 1.217304 5.258182 985.479890 B3 1,429,724.23 6.418702% 32051DMJ8 1.217304 5.258182 985.479890 B4 816,985.28 6.418702% 32051DMK5 1.217304 5.258182 985.479890 B5 612,738.96 6.418702% 32051DML3 1.217304 5.258182 985.479890 B6 613,259.74 6.418702% 32051DMM1 1.217302 5.258182 985.479941 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 167,456,709.33 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- Prin balance 117,229,145.96 28,512,997.08 145,742,143.04 Loan count 264 66 330 Avg loan rate 7.004848% 6.537740% 6.92 Prepay amount 18,410,889.56 3,085,664.77 21,496,554.33 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- Master serv fees 15,506.17 3,571.88 19,078.04 Sub servicer fees 29,666.15 7,847.70 37,513.85 Trustee fees 671.82 156.64 828.46 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 - -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES - -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Coverage Amounts Total - ---------------- ----- Bankruptcy 100,000.00 100,000.00 200,000.00 Fraud 0.00 0.00 0.00 Special Hazard 2,451,686.02 0.00 2,451,686.02 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 93.542760% 100.000000% 156,631,133.64 ----------------------------------------------------------------------------- Junior 6.457240% 0.000000% 10,812,220.01 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 5 2,410,511.00 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 5 2,410,511.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- REO INFORMATION - -------------------------------------------------------------------------------- REO Date Loan Number Ending Stated Balance Book Value -------- ----------- --------------------- ---------- N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A N/A # 0 N/A Totals: 0 N/A Current Total Outstanding Balance: 0.00 Current Total Outstanding Number of Loans: 0 - -------------------------------------------------------------------------------- OTHER INFORMATION - -------------------------------------------------------------------------------- Amount/Withdrawal Total/Ending Bal. ----------------- ----------------- Available remittance amount 22,605,154.53 22,605,154.53 Principal remittance amount 21,797,649.56 21,797,649.56 Interest remittance amount 807,504.98 807,504.98 -----END PRIVACY-ENHANCED MESSAGE-----