-----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, FiSOZOZfwajIDP13yc4V1Cx6SmFh1tyC0O4fI2kaMgGG2g3f3hsOfVs/p4CHWrBT CazaWiGZjolnRxkE7G/Dyg== 0001071787-04-000464.txt : 20040415 0001071787-04-000464.hdr.sgml : 20040415 20040415163056 ACCESSION NUMBER: 0001071787-04-000464 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040325 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040415 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: 04736176 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_8k0403.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): March 25, 2004 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 March 25, 2004, 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 March 25, 2004 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: March 25, 2004 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 March 25, 2004 Payment Date: 03/25/04 ------------------------------------------------------------ (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 71,371,003.19 5.250000% 2,863,550.76 312,248.14 3,175,798.90 0.00 0.00 1A2 20,801,422.86 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 819,553.28 5.250000% 24,652.14 3,585.55 28,237.69 0.00 0.00 1A5 3,328,227.66 5.250000% 0.00 0.00 0.00 0.00 0.00 1A6 825,601.77 4.500000% 23,851.16 3,096.01 26,947.17 0.00 0.00 1A7 6,334,070.87 7.000000% 954,046.52 36,948.75 990,995.26 0.00 0.00 1A8 26,690,000.00 7.000000% 0.00 155,691.67 155,691.67 0.00 0.00 1A9 1,651,203.54 5.500000% 47,702.33 7,568.02 55,270.34 0.00 0.00 A10 29,325,121.38 4.500000% 711,561.22 109,969.21 821,530.42 0.00 0.00 A11 16,427,372.01 5.700000% 37,827.19 78,030.02 115,857.21 0.00 0.00 A12 7,963,618.99 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 142,384,313.28 5.500000% 3,046,071.54 652,594.77 3,698,666.31 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 16,921,203.22 8.000000% 421,064.39 112,808.02 533,872.41 0.00 0.00 A18 42,303,008.06 4.500000% 1,052,660.98 158,636.28 1,211,297.26 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 0.00 5.500000% 0.00 0.04 0.04 0.00 0.00 2A1 103,837,946.30 5.000000% 2,122,519.48 432,658.11 2,555,177.59 0.00 0.00 2A2 21,361,018.57 5.000000% 454,580.93 89,004.24 543,585.17 0.00 0.00 2A3 878,000.00 5.000000% 0.00 3,658.33 3,658.33 0.00 0.00 3A1 7,609,286.35 7.775755% 1,244,075.37 49,306.62 1,293,381.99 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 8,087,538.70 5.505255% 13,644.11 37,103.31 50,747.42 0.00 0.00 B2 2,696,174.72 5.505255% 4,548.59 12,369.28 16,917.87 0.00 0.00 B3 2,022,131.04 5.505255% 3,411.44 9,276.96 12,688.40 0.00 0.00 B4 1,011,065.52 5.505255% 1,705.72 4,638.48 6,344.20 0.00 0.00 B5 674,043.68 5.505255% 1,137.15 3,092.32 4,229.47 0.00 0.00 B6 1,011,365.08 5.505255% 1,706.23 4,639.85 6,346.08 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 571,731,619.08 - 13,030,317.25 2,439,008.72 15,469,325.97 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior 1A1 68,507,452.43 0.00 1A2 20,892,429.09 0.00 1A3 25,000,000.00 0.00 1A4 794,901.14 0.00 1A5 3,342,788.65 0.00 1A6 801,750.61 0.00 1A7 5,380,024.36 0.00 1A8 26,690,000.00 0.00 1A9 1,603,501.22 0.00 A10 28,613,560.16 0.00 A11 16,389,544.82 0.00 A12 8,001,446.18 0.00 A13 734,329.00 0.00 A14 139,338,241.73 0.00 A15 1,000,000.00 0.00 A16 509,000.00 0.00 A17 16,500,138.83 0.00 A18 41,250,347.09 0.00 A19 8,154,000.00 0.00 Residual AR 0.00 0.00 2A1 101,715,426.82 0.00 2A2 20,906,437.64 0.00 2A3 878,000.00 0.00 3A1 6,365,210.98 0.00 - -------------------------------------------------------------------------------- Subordinate B1 8,073,894.59 0.00 B2 2,691,626.13 0.00 B3 2,018,719.59 0.00 B4 1,009,359.80 0.00 B5 672,906.53 0.00 B6 1,009,658.86 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 558,844,696.24 - - --------------------------------------------------------------------------------
Payment Date: 03/25/04 ------------------------------------------------------------ (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 71,371,003.19 5.250000% 32051DXU1 30.968465 3.376872 740.888091 1A2 20,801,422.86 5.250000% 32051DXV9 0.000000 0.000000 1,044.621454 1A3 25,000,000.00 5.500000% 32051DXW7 0.000000 4.583333 1,000.000000 1A4 819,553.28 5.250000% 32051DXX5 24.652145 3.585546 794.901137 1A5 3,328,227.66 5.250000% 32051DXY3 0.000000 0.000000 1,044.621454 1A6 825,601.77 4.500000% 32051DXZ0 23.851163 3.096007 801.750609 1A7 6,334,070.87 7.000000% 32051DYA4 71.678927 2.776014 404.209193 1A8 26,690,000.00 7.000000% 32051DYB2 0.000000 5.833333 1,000.000000 1A9 1,651,203.54 5.500000% 32051DYC0 23.851163 3.784008 801.750609 A10 29,325,121.38 4.500000% 32051DYD8 20.608230 3.184927 828.705671 A11 16,427,372.01 5.700000% 32051DYE6 2.257010 4.655765 977.904054 A12 7,963,618.99 5.700000% 32051DYF3 0.000000 0.000000 1,048.528281 A13 734,329.00 5.250000% 32051DYG1 0.000000 4.375000 1,000.000000 A14 142,384,313.28 5.500000% 32051DYH9 18.499496 3.963359 846.233332 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 16,921,203.22 8.000000% 32051DYL0 21.053220 5.640401 825.006942 A18 42,303,008.06 4.500000% 32051DYM8 21.053220 3.172726 825.006942 A19 8,154,000.00 5.500000% 32051DYN6 0.000000 4.583333 1,000.000000 Residual AR 0.00 5.500000% 32051DYP1 0.000000 0.373440 0.000000 2A1 103,837,946.30 5.000000% 32051DYQ9 17.566308 3.580747 841.813032 2A2 21,361,018.57 5.000000% 32051DYR7 18.183237 3.560170 836.257505 2A3 878,000.00 5.000000% 32051DYZ9 0.000000 4.166667 1,000.000000 3A1 7,609,286.35 7.775755% 32051DYS5 37.833390 1.499456 193.571480 - ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 8,087,538.70 5.505255% 32051DYT3 1.662497 4.520934 983.781478 B2 2,696,174.72 5.505255% 32051DYU0 1.662497 4.520934 983.781478 B3 2,022,131.04 5.505255% 32051DYV8 1.662497 4.520934 983.781478 B4 1,011,065.52 5.505255% 32051DYW6 1.662497 4.520934 983.781478 B5 674,043.68 5.505255% 32051DYX4 1.662497 4.520934 983.781478 B6 1,011,365.08 5.505255% 32051DYY2 1.662497 4.520934 983.781478 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 571,731,619.08 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Prin balance 424,887,711.29 126,823,469.12 7,133,515.88 Loan count 901 267 17 Avg loan rate 5.907549% 5.354476% 8.025755% Prepay amount 8,587,522.45 2,073,870.00 1,237,730.20 Total ----- Prin balance 558,844,696.29 Loan count 1185 Avg loan rate 5.81 Prepay amount 11,899,122.65 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Master serv fees 80,883.58 24,205.67 1,239.88 Sub servicer fees 59,783.08 12,538.50 0.00 Trustee fees 1,424.01 420.34 27.93 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 Total ----- Master serv fees 106,329.13 Sub servicer fees 72,321.58 Trustee fees 1,872.28 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 97.292983% 100.000000% 556,229,300.35 ----------------------------------------------------------------------------- Junior 2.707017% 0.000000% 15,476,165.50 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 7 3,042,623.68 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 7 3,042,623.68 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 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 15,469,325.97 15,469,325.97 Principal remittance amount 13,030,317.25 13,030,317.25 Interest remittance amount 2,439,008.72 2,439,008.72 -----END PRIVACY-ENHANCED MESSAGE-----