8-K 1 fh03ar3_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-AR3 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-AR3, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of August 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-AR3 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 August 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 19,~~463~~434,~~000~~643.0090 4.~~200239~~200284% 28,~~356~~460.1044 68,~~124~~025.3786 96,~~480~~486.4730 0.00 0.00 2A1 ~~286~~281,~~928~~577,~~000~~853.0099 4.~~500168~~495808% 53,~~350~~728,~~146~~632.0132 1,~~076~~054,~~020~~933.1725 64,~~426~~783,~~166~~565.1857 0.00 0.00 Residual 2AR ~~100~~0.00 4.~~500168~~495808% ~~100~~0.00 0.3901 ~~100~~0.3901 0.00 0.00 3A1 6362,~~232~~158,~~000~~020.0041 4.~~649523~~643249% 198,~~073,979~~309.5986 ~~244~~240,~~998~~512.8566 1338,~~318,978~~822.4553 0.00 0.00 B1 5,~~511~~506,~~000~~305.0041 4.~~509931~~505475% 4,~~694~~796.5944 20,~~711~~673.8677 25,~~406~~470.4421 0.00 0.00 B2 1,~~901~~899,~~000~~380.0062 4.~~509931~~505475% 1,~~619~~654.3852 7,~~144~~131.4834 8,~~763~~785.86 0.00 0.00 B3 1,~~330~~328,~~000~~867.0003 4.~~509931~~505475% 1,~~132~~157.9755 4,~~998~~989.5131 6,~~131~~146.4887 0.00 0.00 B4 ~~570~~569,~~000~~514.0044 4.~~509931~~505475% ~~485~~496.5609 2,~~142~~138.2228 2,~~627~~634.7837 0.00 0.00 B5 ~~570~~569,~~000~~514.0044 4.~~509931~~505475% ~~485~~496.5609 2,~~142~~138.2228 2,~~627~~634.7837 0.00 0.00 B6 570,~~870~~383.0979 4.~~509931~~505475% ~~486~~496.3085 2,~~145~~141.4954 2,~~631~~638.7939 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~380~~373,~~075~~614,~~970~~484.0903 - 63,~~461~~864,~~486~~500.0618 1,~~428~~402,~~428~~684.5530 75,~~889~~267,~~914~~184.6147 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1A1 19,~~434~~406,~~643~~183.9046 0.00 2A1 ~~281~~277,~~577~~849,~~853~~221.9966 0.00 Residual 2AR 0.00 0.00 3A1 62,~~158~~059,~~020~~710.4154 0.00 B1 5,~~506~~501,~~305~~508.4197 0.00 B2 1,~~899~~897,~~380~~726.6210 0.00 B3 1,~~328~~327,~~867~~709.0348 0.00 B4 569,~~514~~018.4435 0.00 B5 569,~~514~~018.4435 0.00 B6 ~~570~~569,~~383~~886.7994 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~373~~369,~~614~~749,~~484~~983.0385 - --------------------------------------------------------------------------------

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 19,~~463~~434,~~000~~643.0090 4.~~200239~~200284% 32051DD25 1.~~456923~~462284 3.~~500199~~495137 ~~998~~997.~~543077~~080792 2A1 ~~286~~281,~~928~~577,~~000~~853.0099 4.~~500168~~495808% 32051DD33 1812.~~646302~~995010 3.~~750140~~676648 ~~981~~968.~~353698~~358688 Residual 2AR ~~100~~0.00 4.~~500168~~495808% 32051DD41 ~~1,000~~0.000000 30.~~857792~~055236 0.000000 3A1 6362,~~232~~158,~~000~~020.0041 4.~~649523~~643249% 32051DD58 161.~~984748~~554749 3.~~874602~~803654 ~~983~~981.~~015252~~460503 B1 5,~~511~~506,~~000~~305.0041 4.~~509931~~505475% 32051DD66 0.~~851858~~870340 3.~~758276~~751364 ~~999~~998.~~148142~~277803 B2 1,~~901~~899,~~000~~380.0062 4.~~509931~~505475% 32051DD74 0.~~851858~~870340 3.~~758276~~751364 ~~999~~998.~~148142~~277803 B3 1,~~330~~328,~~000~~867.0003 4.~~509931~~505475% 32051DD82 0.~~851858~~870340 3.~~758276~~751364 ~~999~~998.~~148142~~277803 B4 ~~570~~569,~~000~~514.0044 4.~~509931~~505475% 32051DD90 0.~~851858~~870340 3.~~758276~~751364 ~~999~~998.~~148142~~277803 B5 ~~570~~569,~~000~~514.0044 4.~~509931~~505475% 32051DE24 0.~~851858~~870340 3.~~758276~~751364 ~~999~~998.~~148142~~277803 B6 570,~~870~~383.0979 4.~~509931~~505475% 32051DE32 0.~~851858~~870340 3.~~758276~~751364 ~~999~~998.~~148142~~277803 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~380~~373,~~075~~614,~~970~~484.0903 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 19,954,995.63 285,951,117.09 63,843,871.14 Loan count 39 508 122 Avg loan rate 4.454284% 4.747808% 4.953249% Prepay amount 1,158.85 3,515,660.15 22,003.25 Total ----- Prin balance 369,749,983.85 Loan count 669 Avg loan rate 4.77 Prepay amount 3,538,822.25 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 4,063.46 57,501.39 13,002.02 Sub servicer fees 66.61 482.81 3,197.22 Trustee fees 99.92 1,448.43 319.72 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 Total ----- Master serv fees 74,566.87 Sub servicer fees 3,746.64 Trustee fees 1,868.07 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 0.00 0.00 0.00 Special Hazard 0.00 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 0.00 Special Hazard 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 100.000000% 100.000000% 373,614,484.03 ----------------------------------------------------------------------------- Junior 0.000000% 0.000000% 0.00 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 8 4,981,020.67 60 to 89 days 1 719,500.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 9 5,700,520.68 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 5,267,184.47 5,267,184.47 Principal remittance amount 3,864,500.18 3,864,500.18 Interest remittance amount 1,402,684.30 1,402,684.30

Filing Compare · FIRST HORIZON ASSET SEC INC MORT PASS THR CERTS SER 2003-AR3