8-K 1 fh0107_edgar0210.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, 2002 FH (Depositor) (Issuer in respect of First Horizon Mortgage Pass-Through Trust, Series 2001-7) (Exact name of registrant as specified in charter) Texas 333-74467 13-4150878 (State or other (Commission File No.) (I.R.S. Employer jurisdiction of Identification No.) organization) 4000 Horizon Way, Irving TX 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 Series 2001-7 On October 25, 2002, The Bank of New York, as Trustee for FH, First Horizon Mortgage Pass-Through Trust Series 2001-7, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of October 1, 2001, 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 Series 2001-7 relating to the distribution date of October 25, 2002 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of October 1, 2001. 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, 2002 FH By: /s/ Karon Greene ------------------------------ Name: Karon Greene Assistant Treasurer The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated October 25, 2002 Payment Date: 10/25/02 ------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Series 2001-7 ------------------------------------------------------------

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 ~~296~~269,~~674~~305,~~234~~091.3439 6.750000% 2731,~~369~~093,~~142~~453.9560 1,~~668~~514,~~792~~743.5759 2932,~~037~~608,~~935~~197.5119 0.00 097.0055 Residual AR 0.00 6.750000% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 6,~~115~~110,~~347~~562.9799 6.750000% 4,~~784~~707.9841 34,~~398~~369.8370 39,~~183~~077.8211 0.00 02.0021 B2 2,~~951~~949,~~518~~209.5310 6.750000% 2,~~309~~271.4399 16,~~602~~588.2923 18,~~911~~860.7222 0.00 01.0007 B3 1,~~686~~685,~~582~~262.0234 6.750000% 1,~~319~~298.6728 9,~~487~~478.0299 10,~~806~~777.7027 0.00 0.0061 B4 1,~~054~~053,~~609~~784.8163 6.750000% ~~825~~811.1881 5,~~932~~927.1816 6,~~757~~738.3696 0.00 0.0038 B5 1,~~054~~053,~~609~~784.8163 6.750000% ~~825~~811.1881 5,~~932~~927.1816 6,~~757~~738.3696 0.00 0.0038 B6 843,~~801~~141.9471 6.750000% ~~660~~649.2453 4,~~746~~742.3937 5,~~406~~391.6290 0.00 0.0031 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~310~~283,~~380~~000,~~704~~836.4278 - 2731,~~379~~104,~~867~~004.6442 1,~~745~~591,~~891~~777.4720 2932,~~125~~695,~~759~~781.1162 - -102.51 ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 ~~269~~238,~~305~~211,~~091~~637.3978 097.0055 Residual AR 0.00 0.00 -------------------------------------------------------------------------------- Subordinate B1 6,~~110~~105,~~562~~855.9958 02.0021 B2 2,~~949~~946,~~209~~937.1011 01.0007 B3 1,~~685~~683,~~262~~964.3406 0.0061 B4 1,~~053~~052,~~784~~972.6382 0.0038 B5 1,~~053~~052,~~784~~972.6382 0.0038 B6 ~~843~~842,~~141~~492.7117 0.0031 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~283~~251,~~000~~896,~~836~~832.7836 -102.51 --------------------------------------------------------------------------------

Payment Date: 10/25/02 ------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Series 2001-7 ------------------------------------------------------------

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 ~~296~~269,~~674~~305,~~234~~091.3439 6.750000% 32051DHN5 6675.~~546997~~602513 43.~~057604~~683040 ~~654~~579.~~804764~~202252 Residual AR 0.00 6.750000% 32051DHP0 0.000000 0.~~048114~~016245 0.000000 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 6,~~115~~110,~~347~~562.9799 6.750000% 32051DHQ8 0.~~776279~~763693 5.~~580602~~575877 ~~991~~990.~~330789~~567096 B2 2,~~951~~949,~~518~~209.5310 6.750000% 32051DHR6 0.~~776279~~763693 5.~~580602~~575877 ~~991~~990.~~330789~~567096 B3 1,~~686~~685,~~582~~262.0234 6.750000% 32051DHS4 0.~~776279~~763693 5.~~580602~~575877 ~~991~~990.~~330789~~567096 B4 1,~~054~~053,~~609~~784.8163 6.750000% 32051DHT2 0.~~776279~~763693 5.~~580602~~575877 ~~991~~990.~~330789~~567096 B5 1,~~054~~053,~~609~~784.8163 6.750000% 32051DHU9 0.~~776279~~763693 5.~~580602~~575877 ~~991~~990.~~330789~~567096 B6 843,~~801~~141.9471 6.750000% 32051DHV7 0.~~776279~~763693 5.~~580602~~575877 ~~991~~990.~~330789~~567096 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~310~~283,~~380~~000,~~704~~836.4278 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Series 2001-7 ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 251,896,833.17 251,896,833.17 Loan count 630 630 Avg loan rate 7.286100% 7.29 Prepay amount 30,885,988.57 30,885,988.57 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 34,054.44 34,054.44 Sub servicer fees 67,472.03 67,472.03 Trustee fees 1,415.00 1,415.00 Agg advances N/A N/A Adv this period 0.00 0.00 -------------------------------------------------------------------------------- LOSSES & INSURANCE COVERAGES -------------------------------------------------------------------------------- Total ----- Realized losses 0.00 0.00 Cumulative losses 0.00 0.00 Coverage Amounts Total ---------------- ----- Bankruptcy 149,235.00 149,235.00 Fraud 2,830,008.38 2,830,008.38 Special Hazard 2,830,008.38 2,830,008.38 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 95.164076% 100.000000% 269,305,091.39 ----------------------------------------------------------------------------- Junior 4.835924% 0.000000% 13,685,194.58 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 0 0.00 Totals: 0 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 32,695,781.62 32,695,781.62 Principal remittance amount 31,104,004.42 31,104,004.42 Interest remittance amount 1,591,777.20 1,591,777.20

Filing Compare · FIRST HORIZON MORTGAGE PASS THROUGH TRUST 2001-7