8-K 1 fh03ar2_8k0310.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): October 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-AR2 On October 25, 2003, The Bank of New York, as Trustee for FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-AR2, 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-AR2 relating to the distribution date of October 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: October 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 October 25, 2003 Payment Date: 10/25/03 ------------------------------------------------------------ (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 2120,~~867~~329,~~591~~992.0526 4.~~539208~~518358% 1207,~~537,598~~978.7883 8276,~~717~~548.9648 1284,~~620,316~~527.7431 0.00 0.00 2A1 ~~190~~184,~~865~~415,~~598~~985.6706 4.~~783972~~773863% 65,~~449~~641,~~613~~333.6212 ~~760~~733,~~913~~647.1228 76,~~210~~374,~~526~~980.7440 0.00 0.00 Residual 2AR 0.00 4.~~783972~~773863% 0.00 0.0001 0.0001 0.00 0.00 3A1 2928,~~814~~008,~~223~~572.3582 5.~~181267~~184192% 144,~~805,650~~417.5388 ~~128~~121,~~729~~001.5351 1165,~~934,380~~419.0639 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 4,~~433~~429,~~060~~325.6706 4.~~809691~~800183% 3,~~735~~844.6145 17,~~768~~717.0498 21,~~503~~562.6643 0.00 0.00 B2 1,~~329~~328,~~718~~598.6918 4.~~809691~~800183% 1,~~120~~153.5216 5,~~329~~314.6160 6,~~450~~467.1376 0.00 0.00 B3 1,~~034~~033,~~447~~575.3363 4.~~809691~~800183% ~~871~~897.7010 4,~~146~~134.1446 5,~~017~~031.8456 0.00 0.00 B4 442,~~907~~533.0583 4.~~809691~~800183% ~~373~~384.2210 1,~~775~~770.2120 2,~~148~~154.4330 0.00 0.00 B5 442,~~907~~533.0583 4.~~809691~~800183% ~~373~~384.2210 1,~~775~~770.2120 2,~~148~~154.4330 0.00 0.00 B6 ~~444~~443,~~362~~987.2783 4.~~809691~~800183% ~~374~~385.4536 1,~~781~~776.0402 2,~~155~~161.4838 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~250~~240,~~674~~875,~~816~~104.1348 - 95,~~799~~900,~~711~~778.6510 1963,~~004,935~~680.8675 106,~~804~~864,~~647~~458.5284 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1A1 20,~~329~~122,~~992~~013.2643 0.00 2A1 ~~184~~178,~~415~~774,~~985~~651.0694 0.00 Residual 2AR 0.00 0.00 3A1 2827,~~008~~964,~~572~~154.8294 0.00 -------------------------------------------------------------------------------- Subordinate B1 4,~~429~~425,~~325~~480.0660 0.00 B2 1,~~328~~327,~~598~~445.1801 0.00 B3 1,~~033~~032,~~575~~678.6353 0.00 B4 442,~~533~~149.8373 0.00 B5 442,~~533~~149.8373 0.00 B6 443,~~987~~602.8347 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~240~~234,~~875~~974,~~104~~326.4838 - --------------------------------------------------------------------------------

Payment Date: 10/25/03 ------------------------------------------------------------ (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 2120,~~867~~329,~~591~~992.0526 4.~~539208~~518358% 32051DXJ6 608.~~123515~~132433 32.~~234455~~993215 ~~794~~786.~~947691~~815259 2A1 ~~190~~184,~~865~~415,~~598~~985.6706 4.~~783972~~773863% 32051DXK3 2824.~~271164~~728156 3.~~335378~~215861 ~~808~~783.~~366947~~638791 Residual 2AR 0.00 4.~~783972~~773863% 32051DXL1 0.000000 0.~~000000~~110581 0.000000 3A1 2928,~~814~~008,~~223~~572.3582 5.~~181267~~184192% 32051DXM9 521.~~483738~~291067 3.~~741703~~517077 ~~814~~812.~~108034~~816967 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 4,~~433~~429,~~060~~325.6706 4.~~809691~~800183% 32051DXN7 0.~~840597~~865088 3.~~998210~~986944 ~~996~~995.~~697807~~832719 B2 1,~~329~~328,~~718~~598.6918 4.~~809691~~800183% 32051DXP2 0.~~840597~~865088 3.~~998210~~986944 ~~996~~995.~~697807~~832719 B3 1,~~034~~033,~~447~~575.3363 4.~~809691~~800183% 32051DXQ0 0.~~840597~~865088 3.~~998210~~986944 ~~996~~995.~~697807~~832719 B4 442,~~907~~533.0583 4.~~809691~~800183% 32051DXR8 0.~~840597~~865088 3.~~998210~~986944 ~~996~~995.~~697807~~832719 B5 442,~~907~~533.0583 4.~~809691~~800183% 32051DXS6 0.~~840597~~865088 3.~~998210~~986944 ~~996~~995.~~697807~~832719 B6 ~~444~~443,~~362~~987.2783 4.~~809691~~800183% 32051DXT4 0.~~840585~~865088 3.~~998210~~986944 ~~996~~995.~~697829~~832740 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~250~~240,~~674~~875,~~816~~104.1348 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 20,840,586.41 185,201,776.15 28,931,963.81 Loan count 41 343 56 Avg loan rate 4.773358% 5.056863% 5.456192% Prepay amount 181,058.20 5,498,379.59 12,345.06 Total ----- Prin balance 234,974,326.37 Loan count 440 Avg loan rate 5.08 Prepay amount 5,691,782.85 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 4,367.77 41,672.79 6,423.34 Sub servicer fees 0.00 0.00 0.00 Trustee fees 105.25 954.24 144.89 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 Total ----- Master serv fees 52,463.90 Sub servicer fees 0.00 Trustee fees 1,204.38 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 525,938.35 4,691,709.07 707,543.76 Special Hazard 0.00 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 5,925,191.18 Special Hazard 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 96.631556% 100.000000% 232,754,550.14 ----------------------------------------------------------------------------- Junior 3.368444% 0.000000% 8,113,506.07 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 3 1,804,925.00 60 to 89 days 1 369,483.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 4 2,174,408.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 6,864,458.84 6,864,458.84 Principal remittance amount 5,900,778.10 5,900,778.10 Interest remittance amount 963,680.75 963,680.75

Filing Compare · FIRST HORIZON MORTGAGE PASS THROUGH TRUST 2003-AR2