8-K 1 fh04aa1_8k0409.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): September 25, 2004 First Horizon (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 First Horizon First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2004-AA1 On September 25, 2004, The Bank of New York, as Trustee for First Horizon, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2004-AA1, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of May 1, 2004, among First Horizon 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 First Horizon, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2004-AA1 relating to the distribution date of September 25, 2004 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of May 1, 2004. 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: September 25, 2004 First Horizon By: /s/ Diane Pickett ------------------------------ Name: Diane Pickett Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated September 25, 2004 Payment Date: 09/25/04 ------------------------------------------------------------ (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 A1 ~~217~~212,~~867~~680,~~690~~636.9745 4.~~860109~~853677% 53,~~187~~949,~~054~~557.5240 ~~882~~860,~~383~~235.9591 64,~~069~~809,~~438~~793.4732 0.00 0.00 A2 3231,~~351~~319,~~386~~264.4257 4.~~860109~~853677% 1785,~~032,121~~884.8526 ~~131~~126,~~026~~677.0599 1912,~~163,147~~562.9125 0.00 0.00 A3 11,000,000.00 4.~~860109~~853677% 0.00 44,~~551~~492.0004 44,~~551~~492.0004 0.00 0.00 Residual AR 0.00 4.~~860109~~853677% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 10,~~419~~416,~~541~~709.2570 4.~~860109~~853677% 2,~~831~~816.5460 42,~~200~~132.0979 4544,~~031~~949.6338 0.00 0.00 B2 2,~~894~~893,~~317~~530.0147 4.~~860109~~853677% ~~786~~782.5439 11,~~722~~703.2555 12,~~508~~485.7994 0.00 0.00 B3 1,736,~~590~~118.2128 4.~~860109~~853677% ~~471~~469.9243 7,~~033~~022.3513 7,~~505~~491.2756 0.00 0.00 B4 1,591,~~874~~441.3676 4.~~860109~~853677% ~~432~~430.6031 6,~~447~~436.2495 6,~~879~~867.8327 0.00 0.00 B5 1,302,~~442~~088.6671 4.~~860109~~853677% ~~353~~352.9407 5,~~275~~266.0160 5,~~628~~618.9567 0.00 0.00 B6 868,~~759~~523.2011 4.~~860109~~853677% ~~236~~234.0984 3,~~518~~512.5594 3,~~754~~747.6478 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~280~~273,~~032~~808,~~602~~313.0605 - 64,~~224~~740,~~289~~527.0130 1,~~134~~107,~~157~~480.4990 75,~~358~~848,~~446~~008.5021 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 ~~212~~208,~~680~~731,~~636~~079.4504 0.00 A2 3130,~~319~~533,~~264~~380.5731 0.00 A3 11,000,000.00 0.00 Residual AR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate B1 10,~~416~~413,~~709~~893.7011 0.00 B2 2,~~893~~892,~~530~~748.4709 0.00 B3 1,~~736~~735,~~118~~648.2885 0.00 B4 1,591,~~441~~011.7645 0.00 B5 1,~~302~~301,~~088~~736.7164 0.00 B6 868,~~523~~288.1127 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~273~~269,~~808~~067,~~313~~785.0575 - --------------------------------------------------------------------------------

Payment Date: 09/25/04 ------------------------------------------------------------ (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 A1 ~~217~~212,~~867~~680,~~690~~636.9745 4.~~860109~~853677% 32051D3G5 2217.~~936041~~464095 3.~~901712~~803778 ~~940~~922.~~428102~~964007 A2 3231,~~351~~319,~~386~~264.4257 4.~~860109~~853677% 32051D3H3 3023.~~356525~~114243 3.~~853707~~725823 ~~921~~898.~~154840~~040597 A3 11,000,000.00 4.~~860109~~853677% 32051D3J9 0.000000 4.~~050091~~044731 1,000.000000 Residual AR 0.00 4.~~860109~~853677% 32051D3K6 0.000000 0.~~017978~~000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 10,~~419~~416,~~541~~709.2570 4.~~860109~~853677% 32051D3M2 0.~~271221~~269789 4.~~042154~~035707 997.~~769129~~499340 B2 2,~~894~~893,~~317~~530.0147 4.~~860109~~853677% 32051D3N0 0.~~271221~~269789 4.~~042154~~035707 997.~~769129~~499340 B3 1,736,~~590~~118.2128 4.~~860109~~853677% 32051D3P5 0.~~271221~~269789 4.~~042154~~035707 997.~~769129~~499340 B4 1,591,~~874~~441.3676 4.~~860109~~853677% 32051D3Q3 0.~~271221~~269789 4.~~042154~~035707 997.~~769129~~499340 B5 1,302,~~442~~088.6671 4.~~860109~~853677% 32051D3R1 0.~~271221~~269789 4.~~042154~~035707 997.~~769129~~499340 B6 868,~~759~~523.2011 4.~~860109~~853677% 32051D3S9 0.~~271221~~269783 4.~~042154~~035707 997.~~769132~~499350 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~280~~273,~~032~~808,~~602~~313.0605 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 269,067,785.47 269,067,785.47 Loan count 997 997 Avg loan rate 5.259677% 5.26 Prepay amount 4,666,491.73 4,666,491.73 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 89,066.38 89,066.38 Sub servicer fees 0.00 0.00 Trustee fees 1,369.04 1,369.04 Agg advances N/A N/A Adv this period 12,907.62 12,907.62 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 Cumulative losses 0.00 0.00 Coverage Amounts Total ---------------- ----- Bankruptcy 0.00 0.00 Fraud 0.00 0.00 Special Hazard 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 93.132540% 100.000000% 254,999,901.02 ----------------------------------------------------------------------------- Junior 6.867460% 0.000000% 18,803,326.40 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 10 2,468,760.24 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 10 2,468,760.24 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 5,848,008.21 5,848,008.21 Principal remittance amount 4,740,527.30 4,740,527.30 Interest remittance amount 1,107,480.90 1,107,480.90

Filing Compare · FIRST HORIZON ASSET SEC MORT PAS THR CERTS SER 2004-AA1