-----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, Mkxzl+/364MxATxwJRrgwFvaY1iLwkKuz6Kc6OXUH+r0aOLT6we0um1grdKhgLiv wIhLBNKD+XllhxUvBvk3TA== 0001071787-03-000852.txt : 20030702 0001071787-03-000852.hdr.sgml : 20030702 20030702113959 ACCESSION NUMBER: 0001071787-03-000852 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030625 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST HORIZON ASSET SEC INC MORT PAS THR CERTS SER 2003-5 CENTRAL INDEX KEY: 0001237300 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: 333-100663-09 FILM NUMBER: 03770279 BUSINESS ADDRESS: STREET 1: 4000 HORIZON WAY CITY: IRVING STATE: TX ZIP: 75063 MAIL ADDRESS: STREET 1: 4000 HORIZON WAY CITY: IRVING STATE: TX ZIP: 75063 8-K 1 fh0305_8k0306.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): June 25, 2003 FH (Depositor) (Issuer in respect of First Horizon Mortgage Pass-Through Trust, Mortgage (Exact name of registrant as specified in charter) Delaware 33-63714 95-4449516 (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 2003-5 On June 25, 2003, The Bank of New York, as Trustee for FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-5, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of May 1, 2003, 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 2003-5 relating to the distribution date of June 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of May 1, 2003. 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: June 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 June 25, 2003 Payment Date: 06/25/03 ------------------------------------------------------------ (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 92,466,667.00 5.250000% 644,800.99 404,541.67 1,049,342.66 0.00 0.00 1A2 20,000,000.00 5.250000% 0.00 0.00 0.00 0.00 0.00 1A3 25,000,000.00 5.500000% 0.00 114,583.33 114,583.33 0.00 0.00 1A4 1,000,000.00 5.250000% 4,955.25 4,375.00 9,330.25 0.00 0.00 1A5 3,200,000.00 5.250000% 0.00 0.00 0.00 0.00 0.00 1A6 1,000,000.00 4.500000% 4,699.34 3,750.00 8,449.34 0.00 0.00 1A7 13,310,000.00 7.000000% 187,973.57 77,641.67 265,615.24 0.00 0.00 1A8 26,690,000.00 7.000000% 0.00 155,691.67 155,691.67 0.00 0.00 1A9 2,000,000.00 5.500000% 9,398.68 9,166.67 18,565.35 0.00 0.00 A10 34,528,013.00 4.500000% 140,197.25 129,480.05 269,677.30 0.00 0.00 A11 16,759,870.00 5.700000% 36,247.82 79,609.38 115,857.21 0.00 0.00 A12 7,631,121.00 5.700000% 0.00 0.00 0.00 0.00 0.00 A13 734,329.00 5.250000% 0.00 3,212.69 3,212.69 0.00 0.00 A14 164,657,000.00 5.500000% 600,160.40 754,677.92 1,354,838.32 0.00 0.00 A15 1,000,000.00 5.500000% 0.00 4,583.33 4,583.33 0.00 0.00 A16 509,000.00 5.500000% 0.00 2,332.92 2,332.92 0.00 0.00 A17 20,000,000.00 8.000000% 82,961.34 133,333.33 216,294.67 0.00 0.00 A18 50,000,000.00 4.500000% 207,403.35 187,500.00 394,903.35 0.00 0.00 A19 8,154,000.00 5.500000% 0.00 37,372.50 37,372.50 0.00 0.00 Residual AR 100.00 5.500000% 100.00 0.51 100.51 0.00 0.00 2A1 120,829,000.00 5.000000% 491,885.39 503,454.17 995,339.56 0.00 0.00 2A2 25,000,000.00 5.000000% 105,347.31 104,166.67 209,513.98 0.00 0.00 2A3 878,000.00 5.000000% 0.00 3,658.33 3,658.33 0.00 0.00 3A1 32,883,000.00 7.891490% 5,216,555.65 216,246.54 5,432,802.20 0.00 0.00 B1 8,207,000.00 5.507973% 12,690.25 37,669.95 50,360.20 0.00 0.00 B2 2,736,000.00 5.507973% 4,230.60 12,558.18 16,788.78 0.00 0.00 B3 2,052,000.00 5.507973% 3,172.95 9,418.63 12,591.58 0.00 0.00 B4 1,026,000.00 5.507973% 1,586.47 4,709.32 6,295.79 0.00 0.00 B5 684,000.00 5.507973% 1,057.65 3,139.54 4,197.19 0.00 0.00 B6 1,026,303.99 5.507973% 1,586.94 4,710.71 6,297.66 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 683,961,403.99 - 7,757,011.22 3,001,584.68 10,758,595.90 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior 1A1 91,821,866.01 0.00 1A2 20,087,500.00 0.00 1A3 25,000,000.00 0.00 1A4 995,044.75 0.00 1A5 3,214,000.00 0.00 1A6 995,300.66 0.00 1A7 13,122,026.43 0.00 1A8 26,690,000.00 0.00 1A9 1,990,601.32 0.00 A10 34,387,815.75 0.00 A11 16,723,622.18 0.00 A12 7,667,368.82 0.00 A13 734,329.00 0.00 A14 164,056,839.60 0.00 A15 1,000,000.00 0.00 A16 509,000.00 0.00 A17 19,917,038.66 0.00 A18 49,792,596.65 0.00 A19 8,154,000.00 0.00 Residual AR 0.00 0.00 2A1 120,337,114.61 0.00 2A2 24,894,652.69 0.00 2A3 878,000.00 0.00 3A1 27,666,444.35 0.00 B1 8,194,309.75 0.00 B2 2,731,769.40 0.00 B3 2,048,827.05 0.00 B4 1,024,413.53 0.00 B5 682,942.35 0.00 B6 1,024,717.05 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 676,342,140.59 - - --------------------------------------------------------------------------------
Payment Date: 06/25/03 ------------------------------------------------------------ (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 92,466,667.00 5.250000% 32051DXU1 6.973334 4.375000 993.026666 1A2 20,000,000.00 5.250000% 32051DXV9 0.000000 0.000000 1,004.375000 1A3 25,000,000.00 5.500000% 32051DXW7 0.000000 4.583333 1,000.000000 1A4 1,000,000.00 5.250000% 32051DXX5 4.955255 4.375000 995.044745 1A5 3,200,000.00 5.250000% 32051DXY3 0.000000 0.000000 1,004.375000 1A6 1,000,000.00 4.500000% 32051DXZ0 4.699339 3.750000 995.300661 1A7 13,310,000.00 7.000000% 32051DYA4 14.122733 5.833333 985.877267 1A8 26,690,000.00 7.000000% 32051DYB2 0.000000 5.833333 1,000.000000 1A9 2,000,000.00 5.500000% 32051DYC0 4.699339 4.583333 995.300661 A10 34,528,013.00 4.500000% 32051DYD8 4.060392 3.750000 995.939608 A11 16,759,870.00 5.700000% 32051DYE6 2.162775 4.750000 997.837225 A12 7,631,121.00 5.700000% 32051DYF3 0.000000 0.000000 1,004.750000 A13 734,329.00 5.250000% 32051DYG1 0.000000 4.375000 1,000.000000 A14 164,657,000.00 5.500000% 32051DYH9 3.644913 4.583333 996.355087 A15 1,000,000.00 5.500000% 32051DYJ5 0.000000 4.583333 1,000.000000 A16 509,000.00 5.500000% 32051DYK2 0.000000 4.583333 1,000.000000 A17 20,000,000.00 8.000000% 32051DYL0 4.148067 6.666667 995.851933 A18 50,000,000.00 4.500000% 32051DYM8 4.148067 3.750000 995.851933 A19 8,154,000.00 5.500000% 32051DYN6 0.000000 4.583333 1,000.000000 Residual AR 100.00 5.500000% 32051DYP1 1,000.000000 5.088790 0.000000 2A1 120,829,000.00 5.000000% 32051DYQ9 4.070922 4.166667 995.929078 2A2 25,000,000.00 5.000000% 32051DYR7 4.213892 4.166667 995.786108 2A3 878,000.00 5.000000% 32051DYZ9 0.000000 4.166667 1,000.000000 3A1 32,883,000.00 7.891490% 32051DYS5 158.639895 6.576241 841.360105 B1 8,207,000.00 5.507973% 32051DYT3 1.546271 4.589978 998.453729 B2 2,736,000.00 5.507973% 32051DYU0 1.546271 4.589978 998.453729 B3 2,052,000.00 5.507973% 32051DYV8 1.546271 4.589978 998.453729 B4 1,026,000.00 5.507973% 32051DYW6 1.546271 4.589978 998.453729 B5 684,000.00 5.507973% 32051DYX4 1.546271 4.589978 998.453729 B6 1,026,303.99 5.507973% 32051DYY2 1.546271 4.589978 998.453729 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 683,961,403.99 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Prin balance 498,350,845.28 149,550,913.07 28,440,382.24 Loan count 1031 302 66 Avg loan rate 5.914963% 5.362118% 8.141490% Prepay amount 1,301,454.90 67,924.00 5,192,275.65 Total ----- Prin balance 676,342,140.59 Loan count 1399 Avg loan rate 5.90 Prepay amount 6,561,654.55 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Master serv fees 99,620.83 29,435.28 6,899.79 Sub servicer fees 71,685.60 15,388.89 0.00 Trustee fees 1,644.45 489.10 112.19 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 Total ----- Master serv fees 135,955.90 Sub servicer fees 87,074.49 Trustee fees 2,245.74 Agg advances N/A Adv this period 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 Cumulative losses 0.00 Coverage Amounts - ---------------- Bankruptcy 0.00 0.00 0.00 Fraud 10,002,865.76 3,003,212.12 673,150.20 Special Hazard 0.00 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 13,679,228.08 Special Hazard 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 100.000000% 100.000000% 683,961,403.99 ----------------------------------------------------------------------------- Junior 0.000000% 0.000000% 0.00 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 0 0.00 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 0 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 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 10,758,595.90 10,758,595.90 Principal remittance amount 7,757,011.22 7,757,011.22 Interest remittance amount 3,001,584.68 3,001,584.68
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