-----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, NpTaHarxO3aJyI9xvF8wev9RKq0j4UpkwpV6Dnt+3Pw0hODaw8WWPnzGu+eDnAVf A6BA7E4MM5cqWJ5FsKl1Nw== 0001071787-03-000731.txt : 20030604 0001071787-03-000731.hdr.sgml : 20030604 20030604100635 ACCESSION NUMBER: 0001071787-03-000731 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 ASSET SEC INC MORT PASS THR CERT SER 2002 AR2 CENTRAL INDEX KEY: 0001207231 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-100663-01 FILM NUMBER: 03731429 BUSINESS ADDRESS: STREET 1: 4000 HORIZON WAY CITY: IRVING STATE: TX ZIP: 75063 8-K 1 fh02ar2_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) Delaware 333-100663-01 03-0495203 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 4000 Horizon Way, Irving, TX, , N/A 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-AR2 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-AR2, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of November 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-AR2 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 November 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 16,230,446.78 5.138485% 317,010.12 69,499.92 386,510.04 0.00 0.00 2A1 168,046,351.42 5.349819% 20,314,858.60 749,181.35 21,064,039.95 0.00 0.00 Residual 2AR 0.00 5.349819% 0.00 0.00 0.00 0.00 0.00 3A1 48,205,817.21 5.379681% 4,109,761.11 216,109.95 4,325,871.05 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 4,497,239.28 5.339840% 3,721.23 20,012.11 23,733.35 0.00 0.00 B2 1,450,626.00 5.339840% 1,200.32 6,455.09 7,655.41 0.00 0.00 B3 1,160,899.05 5.339840% 960.58 5,165.85 6,126.43 0.00 0.00 B4 435,088.24 5.339840% 360.01 1,936.08 2,296.10 0.00 0.00 B5 580,449.52 5.339840% 480.29 2,582.92 3,063.22 0.00 0.00 B6 435,541.20 5.339840% 360.38 1,938.10 2,298.48 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 241,042,458.70 - 24,748,712.65 1,072,881.38 25,821,594.04 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior 1A1 15,913,436.66 0.00 2A1 147,731,492.81 0.00 Residual 2AR 0.00 0.00 3A1 44,096,056.10 0.00 - -------------------------------------------------------------------------------- Subordinate B1 4,493,518.05 0.00 B2 1,449,425.68 0.00 B3 1,159,938.46 0.00 B4 434,728.22 0.00 B5 579,969.23 0.00 B6 435,180.82 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 216,293,746.04 - - --------------------------------------------------------------------------------
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 16,230,446.78 5.138485% 32051DQZ8 15.198491 3.332051 762.941637 2A1 168,046,351.42 5.349819% 32051DRA2 97.225401 3.585526 707.031926 Residual 2AR 0.00 5.349819% 32051DRB0 0.000000 0.000000 0.000000 3A1 48,205,817.21 5.379681% 32051DRC8 77.509026 4.075777 831.640158 - ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 4,497,239.28 5.339840% 32051DRD6 0.823829 4.430399 994.801428 B2 1,450,626.00 5.339840% 32051DRE4 0.823829 4.430399 994.801428 B3 1,160,899.05 5.339840% 32051DRF1 0.823829 4.430399 994.801428 B4 435,088.24 5.339840% 32051DRG9 0.823829 4.430399 994.801428 B5 580,449.52 5.339840% 32051DRH7 0.823829 4.430399 994.801428 B6 435,541.20 5.339840% 32051DRJ3 0.823816 4.430400 994.801481 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 241,042,458.70 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Prin balance 16,543,557.22 154,051,941.42 45,698,247.38 Loan count 34 314 96 Avg loan rate 5.428485% 5.638819% 5.682681% Prepay amount 298,659.75 20,189,034.51 4,060,659.06 Total ----- Prin balance 0.00 216,293,746.02 Loan count 0 444 Avg loan rate 0.000000% 5.63 Prepay amount 0.00 24,548,353.32 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Master serv fees 3,938.75 28,825.48 10,084.75 Sub servicer fees 0.00 0.00 0.00 Trustee fees 84.31 871.86 249.05 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 Total ----- Master serv fees 0.00 42,848.98 Sub servicer fees 0.00 0.00 Trustee fees 0.00 1,205.21 Agg advances N/A N/A Adv this period 0.00 0.00 - -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES - -------------------------------------------------------------------------------- Realized losses 0.00 0.00 0.00 Cumulative losses 0.00 0.00 0.00 Total ----- Realized losses 0.00 0.00 Cumulative losses 0.00 0.00 Coverage Amounts - ---------------- Bankruptcy 0.00 0.00 0.00 Fraud 0.00 0.00 0.00 Special Hazard 5,511,423.01 0.00 0.00 Total ----- Bankruptcy 0.00 0.00 Fraud 0.00 0.00 Special Hazard 0.00 5,511,423.01 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 96.451658% 100.000000% 232,482,615.40 ----------------------------------------------------------------------------- Junior 3.548342% 0.000000% 8,552,760.47 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 3 1,249,349.00 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 3 1,249,349.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 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 25,821,594.04 25,821,594.04 Principal remittance amount 24,748,712.65 24,748,712.65 Interest remittance amount 1,072,881.38 1,072,881.38 -----END PRIVACY-ENHANCED MESSAGE-----