-----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, LCHEADSNlxeWHxjtlk5yV3K62SCpg65jmrWUY1qUizVYZR+lLXf/5UBIYXm3XyFA CuHg7D/o5o7vzsHRqeJL4A== 0001071787-03-001565.txt : 20031203 0001071787-03-001565.hdr.sgml : 20031203 20031203103333 ACCESSION NUMBER: 0001071787-03-001565 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031125 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST HORIZON MORTGAGE PASS THROUGH TRUST 2003-7 CENTRAL INDEX KEY: 0001257476 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: 333-100663-11 FILM NUMBER: 031034202 BUSINESS ADDRESS: STREET 1: 4000 HORIZON WAY CITY: IRVING STATE: TX ZIP: 75063 8-K 1 fh0307_8k0311.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): November 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 2003-7 On November 25, 2003, The Bank of New York, as Trustee for FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-7, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of July 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 2003-7 relating to the distribution date of November 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of July 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: November 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 November 25, 2003 Payment Date: 11/25/03 ------------------------------------------------------------ (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 A1 33,037,854.32 4.700000% 192,368.35 129,398.26 321,766.61 0.00 0.00 A2 6,607,570.47 1.520000% 38,473.67 8,369.59 46,843.26 0.00 0.00 A3 6,607,570.47 6.480000% 0.00 35,680.88 35,680.88 0.00 0.00 A4 19,892,022.00 5.000000% 0.00 82,883.43 82,883.43 0.00 0.00 A5 5,000,000.00 5.250000% 0.00 21,875.00 21,875.00 0.00 0.00 A6 21,273,078.25 2.520000% 80,349.92 44,673.46 125,023.38 0.00 0.00 A7 5,909,188.40 13.440000% 22,319.42 66,182.91 88,502.33 0.00 0.00 A8 3,545,513.04 7.980000% 13,391.65 23,577.66 36,969.31 0.00 0.00 A9 6,250,000.00 5.250000% 0.00 27,343.75 27,343.75 0.00 0.00 A10 4,687,500.00 2.720000% 0.00 10,625.00 10,625.00 0.00 0.00 A11 1,562,500.00 12.840000% 0.00 16,718.75 16,718.75 0.00 0.00 A12 36,112,375.00 5.000000% 0.00 150,468.23 150,468.23 0.00 0.00 A13 30,289,000.00 5.250000% 0.00 132,514.38 132,514.38 0.00 0.00 A14 77,908,099.35 4.750000% 314,450.15 308,386.23 622,836.37 0.00 0.00 A15 9,700,483.79 5.000000% 0.00 40,418.68 40,418.68 0.00 0.00 A16 48,994,278.54 4.500000% 151,177.95 183,728.54 334,906.50 0.00 0.00 I-A17-1 735,324.00 0.000000% 0.00 0.00 0.00 0.00 0.00 A18 19,714,639.33 5.000000% 16,711.93 82,144.33 98,856.26 0.00 0.00 A19 28,895,126.85 3.900000% 177,681.25 93,909.16 271,590.41 0.00 0.00 A20 42,767,802.83 5.000000% 223,405.09 178,199.18 401,604.27 0.00 0.00 A21 2,593,279.00 5.000000% 0.00 10,805.33 10,805.33 0.00 0.00 A22 23,300,000.00 5.000000% 0.00 97,083.33 97,083.33 0.00 0.00 Residual ARU 0.00 5.000000% 0.00 0.01 0.01 0.00 0.00 ARL 0.00 5.000000% 0.00 0.00 0.00 0.00 0.00 2A1 179,022,378.97 4.500000% 1,545,775.58 671,333.92 2,217,109.50 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 7,169,255.90 4.849099% 13,640.36 28,970.36 42,610.72 0.00 0.00 B2 2,181,904.21 4.849099% 4,151.33 8,816.89 12,968.22 0.00 0.00 B3 1,870,629.82 4.849099% 3,559.09 7,559.06 11,118.15 0.00 0.00 B4 623,543.27 4.849099% 1,186.36 2,519.69 3,706.05 0.00 0.00 B5 623,543.27 4.849099% 1,186.36 2,519.69 3,706.05 0.00 0.00 B6 935,549.75 4.849099% 1,779.99 3,780.48 5,560.47 0.00 0.00 - ---------------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 1,138,324,226.38 - 2,801,608.48 2,470,486.18 5,272,094.66 - - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information - -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest - -------------------------------------------------------------------------------- Senior A1 32,845,485.97 0.00 A2 6,569,096.80 0.00 A3 6,569,096.80 0.00 A4 19,892,022.00 0.00 A5 5,000,000.00 0.00 A6 21,192,728.33 0.00 A7 5,886,868.98 0.00 A8 3,532,121.39 0.00 A9 6,250,000.00 0.00 A10 4,687,500.00 0.00 A11 1,562,500.00 0.00 A12 36,112,375.00 0.00 A13 30,289,000.00 0.00 A14 77,593,649.21 0.00 A15 9,647,898.76 0.00 A16 48,843,100.58 0.00 I-A17-1 735,324.00 0.00 A18 19,697,927.40 0.00 A19 28,717,445.60 0.00 A20 42,544,397.74 0.00 A21 2,593,279.00 0.00 A22 23,300,000.00 0.00 Residual ARU 0.00 0.00 ARL 0.00 0.00 2A1 177,476,603.39 0.00 - -------------------------------------------------------------------------------- Subordinate B1 7,155,615.54 0.00 B2 2,177,752.88 0.00 B3 1,867,070.72 0.00 B4 622,356.91 0.00 B5 622,356.91 0.00 B6 933,769.75 0.00 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Totals - - 1,133,202,784.50 - - --------------------------------------------------------------------------------
Payment Date: 11/25/03 ------------------------------------------------------------ (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 A1 33,037,854.32 4.700000% 32051DZT2 5.745054 3.864461 980.925880 A2 6,607,570.47 1.520000% 32051DZU9 5.745054 1.249783 980.925880 A3 6,607,570.47 6.480000% 32051DZV7 0.000000 5.328023 980.925880 A4 19,892,022.00 5.000000% 32051DZW5 0.000000 4.166667 1,000.000000 A5 5,000,000.00 5.250000% 32051DZX3 0.000000 4.375000 1,000.000000 A6 21,273,078.25 2.520000% 32051DZY1 3.571108 1.985487 941.899037 A7 5,909,188.40 13.440000% 32051DZZ8 3.571108 10.589266 941.899037 A8 3,545,513.04 7.980000% 32051DA28 3.571108 6.287376 941.899037 A9 6,250,000.00 5.250000% 32051DA36 0.000000 4.375000 1,000.000000 A10 4,687,500.00 2.720000% 32051DA44 0.000000 2.266667 1,000.000000 A11 1,562,500.00 12.840000% 32051DA51 0.000000 10.700000 1,000.000000 A12 36,112,375.00 5.000000% 32051DA69 0.000000 4.166667 1,000.000000 A13 30,289,000.00 5.250000% 32051DA77 0.000000 4.375000 1,000.000000 A14 77,908,099.35 4.750000% 32051DA85 3.930627 3.854828 969.920615 A15 9,700,483.79 5.000000% 32051DA93 0.000000 4.028440 961.584594 A16 48,994,278.54 4.500000% 32051DB27 3.023559 3.674571 976.862012 I-A17-1 735,324.00 0.000000% 32051DB35 0.000000 0.000000 1,000.000000 A18 19,714,639.33 5.000000% 32051DB43 0.835597 4.107217 984.896370 A19 28,895,126.85 3.900000% 32051DB50 5.922708 3.130305 957.248187 A20 42,767,802.83 5.000000% 32051DB68 5.059336 4.035582 963.480258 A21 2,593,279.00 5.000000% 32051DB76 0.000000 4.166667 1,000.000000 A22 23,300,000.00 5.000000% 32051DB84 0.000000 4.166667 1,000.000000 Residual ARU 0.00 5.000000% 32051DB92 0.000000 0.201599 0.000000 ARL 0.00 5.000000% 32051DC26 0.000000 0.000000 0.000000 2A1 179,022,378.97 4.500000% 32051DC34 8.304059 3.606472 953.421776 - ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 7,169,255.90 4.849099% 32051DC42 1.892129 4.018638 992.594749 B2 2,181,904.21 4.849099% 32051DC59 1.892129 4.018638 992.594749 B3 1,870,629.82 4.849099% 32051DC67 1.892129 4.018638 992.594749 B4 623,543.27 4.849099% 32051CD75 1.892129 4.018638 992.594749 B5 623,543.27 4.849099% 32051CD83 1.892129 4.018638 992.594749 B6 935,549.75 4.849099% 32051CD91 1.892129 4.018638 992.594749 - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------ Totals - - 1,138,324,226.38 - - - - - - ------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ - -------------------------------------------------------------------------------- COLLATERAL INFORMATION - -------------------------------------------------------------------------------- Total ----- Prin balance 427,193,682.27 181,506,665.84 608,700,348.11 Loan count 870 369 1239 Avg loan rate 5.739861% 5.276898% 5.60 Prepay amount 778,248.50 863,956.42 1,642,204.93 - -------------------------------------------------------------------------------- FEES AND ADVANCES - -------------------------------------------------------------------------------- Total ----- Master serv fees 87,531.88 37,405.34 124,937.22 Sub servicer fees 174,991.34 80,381.67 255,373.01 Trustee fees 1,428.11 610.23 2,038.34 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 0.00 0.00 0.00 Fraud 0.00 0.00 0.00 Special Hazard 0.00 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 98.824656% 100.000000% 1,124,919,800.16 ----------------------------------------------------------------------------- Junior 1.175344% 0.000000% 13,378,922.71 ----------------------------------------------------------------------------- - -------------------------------------------------------------------------------- DELINQUENCY INFORMATION - -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance - ------ ---------- --------------------- 30 to 59 days 5 2,315,897.77 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 5 2,315,897.77 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 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 5,272,094.66 5,272,094.66 Principal remittance amount 2,801,608.48 2,801,608.48 Interest remittance amount 2,470,486.18 2,470,486.18 -----END PRIVACY-ENHANCED MESSAGE-----