8-K 1 fh0401_8k0502.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): February 25, 2005 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) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions. []Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) []Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) []Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) []Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Section 8 - Other Events Item 8.01 Other Events Section 9 - Financial Statements and Exhibits Item 9.01 Financial Statements and Exhibits 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: February 25, 2005 First Horizon By: /s/ Diane Pickett ------------------------------ Name: Diane Pickett VP The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated February 25, 2005 Payment Date: 02/25/05 ------------------------------------------------------------ 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 1211,~~679~~855,~~243~~605.9575 5.500000% ~~823~~91,~~638~~415.2096 5854,~~084~~338.0319 ~~881~~145,~~722~~754.2315 0.00 290.1700 1A2 4744,~~820~~714,~~825~~405.3623 5.000000% 3344,~~106,420~~782.1392 ~~199~~186,~~153~~310.4202 3531,~~305,573~~092.5594 0.00 ~~100~~0.0200 1A3 30,000,000.00 5.500000% 0.00 137,~~430~~500.9800 137,~~430~~500.9800 0.00 690.0200 1A4 14,832,350.00 5.500000% 0.00 67,~~947~~981.4860 67,~~947~~981.4860 0.00 340.1300 1A5 780,650.00 5.500000% 0.00 3,~~576~~577.1898 3,~~576~~577.1898 0.00 10.8000 1A6 98,~~564~~942,~~164~~880.8281 23.~~917500~~030000% ~~621~~68,~~284~~956.0158 2322,~~241~~580.2077 ~~644~~91,~~525~~537.2136 0.00 110.6700 1A7 98,~~564~~942,~~164~~880.8281 54.~~082500~~970000% 0.00 4037,~~487~~038.8943 4037,~~487~~038.8943 0.00 200.3300 Residual ARU 0.00 5.500000% 0.00 0.00 0.00 0.00 0.00 ARL 0.00 5.500000% 0.00 0.00 0.00 0.00 0.00 2A1 2726,~~743~~204,~~515~~170.1664 4.750000% 1641,~~539,344~~791.5340 ~~109~~103,~~818~~724.0884 1745,~~649,162~~516.6124 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 2,~~163~~160,~~975~~520.5480 5.~~353544~~353883% 3,~~454~~597.7338 9,~~650~~639.1131 13,~~104~~236.8469 0.00 40.0100 B2 1,~~081~~079,~~496~~769.1860 5.~~353544~~353883% 1,~~726~~797.5887 4,~~822~~817.8647 6,~~549~~615.4434 0.00 20.00 B3 ~~589~~588,~~907~~965.0124 5.~~353544~~353883% ~~941~~980.7766 2,~~630~~627.6571 3,~~572~~608.4237 0.00 10.0900 B4 ~~394~~393,~~254~~625.5210 5.~~353544~~353883% ~~629~~655.4241 1,~~758~~756.1519 2,~~387~~411.5759 0.00 0.7300 B5 294,~~953~~482.5062 5.~~353544~~353883% ~~470~~490.8933 1,~~315~~313.3385 1,~~786~~804.2118 0.00 0.5500 B6 ~~295~~294,~~237~~766.6531 5.~~353544~~353883% ~~471~~490.3480 1,~~316~~315.5912 1,~~787~~805.9392 0.00 0.5500 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~148~~142,~~240~~142,~~573~~192.6909 - 61,~~098~~154,~~381~~959.6030 ~~661~~634,~~232~~521.9549 61,~~759~~789,~~614~~480.5579 - ~~275.07~~- ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1A1 11,~~855~~764,~~605~~189.7578 290.1700 1A2 44,~~714~~369,~~405~~622.2332 ~~100~~0.0200 1A3 30,000,000.00 690.0200 1A4 14,832,350.00 340.1300 1A5 780,650.00 10.8000 1A6 8,~~942~~873,~~880~~924.8123 110.6700 1A7 8,~~942~~873,~~880~~924.8123 200.3300 Residual ARU 0.00 0.00 ARL 0.00 0.00 2A1 2625,~~204~~562,~~170~~379.6424 0.00 -------------------------------------------------------------------------------- Subordinate B1 2,~~160~~156,~~520~~923.8043 40.0100 B2 1,~~079~~077,~~769~~971.6073 20.00 B3 ~~588~~587,~~965~~984.2458 10.0900 B4 ~~393~~392,~~625~~969.1069 0.7300 B5 ~~294~~293,~~482~~992.6229 0.5500 B6 294,~~766~~275.3151 0.5500 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~142~~140,~~142~~987,~~192~~232.0979 ~~275.07~~- --------------------------------------------------------------------------------

Payment Date: 02/25/05 ------------------------------------------------------------ (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 1211,~~679~~855,~~243~~605.9575 5.500000% 32051DT36 414.~~181910~~570798 2.~~904201~~716910 ~~592~~588.~~780287~~209489 1A2 4744,~~820~~714,~~825~~405.3623 5.000000% 32051DT44 414.~~181910~~570798 2.~~640183~~469918 ~~592~~588.~~780287~~209489 1A3 30,000,000.00 5.500000% 32051DT51 0.000000 4.~~581033~~583333 1,000.000000 1A4 14,832,350.00 5.500000% 32051DT69 0.000000 4.~~581033~~583333 1,000.000000 1A5 780,650.00 5.500000% 32051DT77 0.000000 4.~~581033~~583333 1,000.000000 1A6 98,~~564~~942,~~164~~880.8281 23.~~917500~~030000% 32051DT85 414.~~181910~~570798 1.~~540547~~496770 ~~592~~588.~~780287~~209489 1A7 98,~~564~~942,~~164~~880.8281 54.~~082500~~970000% 32051DT93 0.000000 2.~~683746~~455098 ~~592~~588.~~780287~~209489 Residual ARU 0.00 5.500000% 32051DU26 0.000000 0.~~020706~~009880 0.000000 ARL 0.00 5.500000% 32051DU34 0.000000 0.000000 0.000000 2A1 2726,~~743~~204,~~515~~170.1664 4.750000% 32051DU42 3916.~~432962~~440592 2.~~813179~~657091 ~~671~~654.~~264970~~824378 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 2,~~163~~160,~~975~~520.5480 5.~~353544~~353883% 32051DU59 1.~~569620~~634429 4.~~384420~~379515 ~~981~~979.~~608725~~974296 B2 1,~~081~~079,~~496~~769.1860 5.~~353544~~353883% 32051DU67 1.~~569620~~634429 4.~~384420~~379515 ~~981~~979.~~608725~~974296 B3 ~~589~~588,~~907~~965.0124 5.~~353544~~353883% 32051DU75 1.~~569620~~634429 4.~~384420~~379515 ~~981~~979.~~608725~~974296 B4 ~~394~~393,~~254~~625.5210 5.~~353544~~353883% 32051DU83 1.~~569620~~634429 4.~~384420~~379515 ~~981~~979.~~608725~~974296 B5 294,~~953~~482.5062 5.~~353544~~353883% 32051DU91 1.~~569620~~634429 4.~~384420~~379515 ~~981~~979.~~608725~~974296 B6 ~~295~~294,~~237~~766.6531 5.~~353544~~353883% 32051DV25 1.~~569618~~634427 4.~~384417~~379511 ~~981~~979.~~607937~~973509 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~148~~142,~~240~~142,~~573~~192.6909 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 114,491,159.39 26,496,073.64 140,987,233.03 Loan count 236 56 292 Avg loan rate 6.053504% 5.428418% 5.93 Prepay amount 384,970.02 534,965.48 919,935.50 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 23,093.02 5,469.10 28,562.12 Sub servicer fees 29,378.68 9,739.69 39,118.38 Trustee fees 572.66 135.71 708.37 Agg advances N/A N/A N/A Adv this period 6,182.38 0.00 6,182.38 -------------------------------------------------------------------------------- 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 1,600,527.25 400,176.64 2,000,703.89 Special Hazard 0.00 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 96.620013% 100.000000% 137,330,062.42 ----------------------------------------------------------------------------- Junior 3.379987% 0.000000% 4,804,117.22 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 0 0.00 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 2 987,859.35 Totals: 2 987,859.35 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 1,789,480.79 1,789,480.79 Principal remittance amount 1,154,959.30 1,154,959.30 Interest remittance amount 634,521.49 634,521.49

Filing Compare · FIRST HORIZON ASSET SECURITIES MORTGAGE PASS THRU SER 2004-1