8-K 1 fh0307_8k0309.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, 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 2003-7 On September 25, 2003, The Bank of New York, as Trustee for FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-7, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of July 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 2003-7 relating to the distribution date of September 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of July 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: September 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 September 25, 2003 Payment Date: 09/25/03 ------------------------------------------------------------ (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 A1 33,~~484~~357,~~167~~252.0082 4.700000% ~~126~~148,~~914~~791.1880 ~~131~~130,~~146~~649.3224 ~~258~~279,~~060~~441.5004 0.00 0.00 A2 6,~~696~~671,~~833~~450.0017 1.~~500000~~510000% 2529,~~382~~758.8336 8,~~371~~394.0491 3338,~~753~~153.8727 0.00 0.00 A3 6,~~696~~671,~~833~~450.0017 6.~~500000~~490000% 0.00 36,~~274~~081.5143 36,~~274~~081.5143 0.00 0.00 A4 19,892,022.00 5.000000% 0.00 82,883.43 82,883.43 0.00 0.00 A5 5,000,000.00 5.250000% 0.00 21,875.00 21,875.00 0.00 0.00 A6 2221,~~500~~738,~~000~~440.0090 2.~~500000~~510000% ~~761~~333,~~559~~904.1094 4645,~~875~~469.0057 ~~808~~379,~~434~~374.1051 0.00 0.00 A7 6,~~250~~038,~~000~~455.0081 13.~~500000~~470000% ~~211~~92,~~544~~751.1937 7067,~~312~~781.5067 ~~281~~160,~~856~~533.6904 0.00 0.00 A8 3,~~750~~623,~~000~~073.0048 87.~~000000~~990000% ~~126~~55,~~926~~650.5282 2524,~~000~~123.0063 ~~151~~79,~~926~~774.5245 0.00 0.00 A9 6,250,000.00 5.250000% 0.00 27,343.75 27,343.75 0.00 0.00 A10 4,687,500.00 2.~~700000~~710000% 0.00 10,~~546~~585.8894 10,~~546~~585.8894 0.00 0.00 A11 1,562,500.00 12.~~900000~~870000% 0.00 16,~~796~~757.8881 16,~~796~~757.8881 0.00 0.00 A12 36,112,375.00 5.000000% 0.00 150,468.23 150,468.23 0.00 0.00 A13 30,289,000.00 5.250000% 0.00 132,514.38 132,514.38 0.00 0.00 A14 8078,~~000~~864,~~000~~828.0068 4.750000% 1599,~~135,171~~033.3292 ~~316~~312,~~666~~173.6728 1911,~~451,837~~207.9920 0.00 0.00 A15 109,~~033~~853,~~333~~747.3389 5.000000% 0.00 41,~~805~~057.5628 41,~~805~~057.5628 0.00 0.00 A16 5049,~~000~~454,~~000~~244.0056 4.500000% ~~545~~287,~~755~~997.4408 ~~187~~185,~~500~~453.0042 ~~733~~473,~~255~~450.4449 0.00 0.00 I-A17-1 735,324.00 0.000000% 0.00 0.00 0.00 0.00 0.00 A18 2019,~~000~~834,~~000~~522.0077 5.000000% ~~165~~94,~~477~~274.2354 8382,~~333~~643.3384 ~~248~~176,~~810~~918.5739 0.00 0.00 A19 3029,~~000~~405,~~000~~147.0018 3.900000% ~~594~~310,~~852~~826.8237 9795,~~500~~566.0073 ~~692~~406,~~352~~393.8210 0.00 0.00 A20 4443,~~157~~409,~~000~~069.0092 5.000000% ~~747~~390,~~930~~813.0829 ~~183~~180,~~987~~871.5012 ~~931~~571,~~917~~684.5842 0.00 0.00 A21 2,593,279.00 5.000000% 0.00 10,805.33 10,805.33 0.00 0.00 A22 23,300,000.00 5.000000% 0.00 97,083.33 97,083.33 0.00 0.00 Residual ARU 500.00 5.000000% 500.00 0.2202 500.2202 0.00 0.00 ARL 500.00 5.000000% 500.00 0.2100 500.2100 0.00 0.00 2A1 ~~186~~184,~~147~~474,~~000~~158.0021 4.500000% 12,~~672~~890,~~841~~311.7991 ~~698~~691,~~051~~778.2509 23,~~370~~582,~~893~~090.0401 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 7,~~209~~196,~~000~~147.0068 4.~~848263~~848537% 1213,~~852~~385.3261 29,~~125~~075.9465 4142,~~978~~461.2627 0.00 0.00 B2 2,~~194~~190,~~000~~088.0050 4.~~848263~~848537% 34,~~911~~073.5080 8,~~864~~848.2494 12,~~775~~922.74 0.00 0.00 B3 1,~~881~~877,~~000~~646.0052 4.~~848263~~848537% 3,~~353~~492.4863 7,~~599~~586.6553 1011,~~953~~079.1316 0.00 0.00 B4 ~~627~~625,~~000~~882.0017 4.~~848263~~848537% 1,~~117~~164.8321 2,~~533~~528.2284 3,~~651~~693.0405 0.00 0.00 B5 ~~627~~625,~~000~~882.0017 4.~~848263~~848537% 1,~~117~~164.8321 2,~~533~~528.2284 3,~~651~~693.0405 0.00 0.00 B6 ~~940~~939,~~736~~058.1498 4.~~848263~~848537% 1,~~677~~746.1675 3,~~800~~794.7822 5,~~477~~540.9497 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - 1,~~168~~154,~~140~~308,~~836~~752.1485 - 65,~~138~~259,~~485~~141.61 2,~~531~~506,~~598~~724.3545 87,~~670~~765,~~083~~866.9606 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A1 33,~~357~~208,~~252~~461.8202 0.00 A2 6,~~671~~641,~~450~~691.1781 0.00 A3 6,~~671~~641,~~450~~691.1781 0.00 A4 19,892,022.00 0.00 A5 5,000,000.00 0.00 A6 21,~~738~~404,~~440~~535.9096 0.00 A7 65,~~038~~945,~~455~~704.8143 0.00 A8 3,~~623~~567,~~073~~422.4866 0.00 A9 6,250,000.00 0.00 A10 4,687,500.00 0.00 A11 1,562,500.00 0.00 A12 36,112,375.00 0.00 A13 30,289,000.00 0.00 A14 78,~~864~~265,~~828~~794.6876 0.00 A15 9,~~853~~759,~~747~~657.8955 0.00 A16 49,~~454~~166,~~244~~247.5648 0.00 I-A17-1 735,324.00 0.00 A18 19,~~834~~740,~~522~~248.7722 0.00 A19 29,~~405~~094,~~147~~320.1881 0.00 A20 43,~~409~~018,~~069~~256.9263 0.00 A21 2,593,279.00 0.00 A22 23,300,000.00 0.00 Residual ARU 0.00 0.00 ARL 0.00 0.00 2A1 ~~184~~181,~~474~~583,~~158~~846.2129 0.00 -------------------------------------------------------------------------------- Subordinate B1 7,~~196~~182,~~147~~762.6807 0.00 B2 2,~~190~~186,~~088~~014.5070 0.00 B3 1,~~877~~874,~~646~~153.5290 0.00 B4 ~~625~~624,~~882~~717.1797 0.00 B5 ~~625~~624,~~882~~717.1797 0.00 B6 ~~939~~937,~~058~~312.9823 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - 1,~~154~~144,~~308~~891,~~752~~490.8506 - --------------------------------------------------------------------------------

Payment Date: 09/25/03 ------------------------------------------------------------ (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 A1 33,~~484~~357,~~167~~252.0082 4.700000% 32051DZT2 34.~~790274~~443646 3.~~916667~~901821 ~~996~~991.~~209726~~766079 A2 6,~~696~~671,~~833~~450.0017 1.~~500000~~510000% 32051DZU9 34.~~790274~~443646 1.~~250000~~253564 ~~996~~991.~~209726~~766079 A3 6,~~696~~671,~~833~~450.0017 6.~~500000~~490000% 32051DZV7 0.000000 5.~~416667~~387834 ~~996~~991.~~209726~~766079 A4 19,892,022.00 5.000000% 32051DZW5 0.000000 4.166667 1,000.000000 A5 5,000,000.00 5.250000% 32051DZX3 0.000000 4.375000 1,000.000000 A6 2221,~~500~~738,~~000~~440.0090 2.~~500000~~510000% 32051DZY1 3314.~~847071~~840219 2.~~083333~~020870 ~~966~~951.~~152929~~312710 A7 6,~~250~~038,~~000~~455.0081 13.~~500000~~470000% 32051DZZ8 3314.~~847071~~840219 1110.~~250000~~845067 ~~966~~951.~~152929~~312710 A8 3,~~750~~623,~~000~~073.0048 87.~~000000~~990000% 32051DA28 3314.~~847071~~840219 6.~~666667~~432968 ~~966~~951.~~152929~~312710 A9 6,250,000.00 5.250000% 32051DA36 0.000000 4.375000 1,000.000000 A10 4,687,500.00 2.~~700000~~710000% 32051DA44 0.000000 2.~~250000~~258333 1,000.000000 A11 1,562,500.00 12.~~900000~~870000% 32051DA51 0.000000 10.~~750000~~725000 1,000.000000 A12 36,112,375.00 5.000000% 32051DA69 0.000000 4.166667 1,000.000000 A13 30,289,000.00 5.250000% 32051DA77 0.000000 4.375000 1,000.000000 A14 8078,~~000~~864,~~000~~828.0068 4.750000% 32051DA85 147.~~189641~~487924 3.~~958333~~902166 ~~985~~978.~~810359~~322435 A15 109,~~033~~853,~~333~~747.3389 5.000000% 32051DA93 0.000000 4.~~166667~~092088 ~~982~~972.~~101119~~723344 A16 5049,~~000~~454,~~000~~244.0056 4.500000% 32051DB27 105.~~915109~~759942 3.~~750000~~709068 ~~989~~983.~~084891~~324950 I-A17-1 735,324.00 0.000000% 32051DB35 0.000000 0.000000 1,000.000000 A18 2019,~~000~~834,~~000~~522.0077 5.000000% 32051DB43 84.~~273862~~713727 4.~~166667~~132192 ~~991~~987.~~726138~~012411 A19 3029,~~000~~405,~~000~~147.0018 3.900000% 32051DB50 1910.~~828427~~360879 3.~~250000~~185558 ~~980~~969.~~171573~~810694 A20 4443,~~157~~409,~~000~~069.0092 5.000000% 32051DB68 168.~~937973~~850540 4.~~166667~~096092 ~~983~~974.~~062027~~211487 A21 2,593,279.00 5.000000% 32051DB76 0.000000 4.166667 1,000.000000 A22 23,300,000.00 5.000000% 32051DB84 0.000000 4.166667 1,000.000000 Residual ARU 500.00 5.000000% 32051DB92 ~~1,000~~0.000000 40.~~409966~~333171 0.000000 ARL 500.00 5.000000% 32051DC26 ~~1,000~~0.000000 40.~~166667~~000000 0.000000 2A1 ~~186~~184,~~147~~474,~~000~~158.0021 4.500000% 32051DC34 815.~~986671~~527040 3.~~750000~~716300 ~~991~~975.~~013329~~486289 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 7,~~209~~196,~~000~~147.0068 4.~~848263~~848537% 32051DC42 1.~~782816~~856792 4.~~040219~~033244 ~~998~~996.~~217184~~360392 B2 2,~~194~~190,~~000~~088.0050 4.~~848263~~848537% 32051DC59 1.~~782816~~856792 4.~~040219~~033244 ~~998~~996.~~217184~~360392 B3 1,~~881~~877,~~000~~646.0052 4.~~848263~~848537% 32051DC67 1.~~782816~~856792 4.~~040219~~033244 ~~998~~996.~~217184~~360392 B4 ~~627~~625,~~000~~882.0017 4.~~848263~~848537% 32051CD75 1.~~782816~~856792 4.~~040219~~033244 ~~998~~996.~~217184~~360392 B5 ~~627~~625,~~000~~882.0017 4.~~848263~~848537% 32051CD83 1.~~782816~~856792 4.~~040219~~033244 ~~998~~996.~~217184~~360392 B6 ~~940~~939,~~736~~058.1498 4.~~848263~~848537% 32051CD91 1.~~782816~~856792 4.~~040219~~033244 ~~998~~996.~~217184~~360392 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - 1,~~168~~154,~~140~~308,~~836~~752.1485 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 429,843,659.16 185,644,549.76 615,488,208.92 Loan count 873 374 1247 Avg loan rate 5.741510% 5.278720% 5.60 Prepay amount 1,895,674.46 2,207,465.55 4,103,140.01 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 88,503.30 37,816.27 126,319.57 Sub servicer fees 177,121.52 83,075.07 260,196.59 Trustee fees 1,440.66 628.50 2,069.16 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 -------------------------------------------------------------------------------- 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 0.00 0.00 0.00 Special Hazard 0.00 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 98.836536% 100.000000% 1,140,854,046.82 ----------------------------------------------------------------------------- Junior 1.163464% 0.000000% 13,429,678.83 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 11 4,991,203.02 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 11 4,991,203.02 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 7,765,866.06 7,765,866.06 Principal remittance amount 5,259,141.61 5,259,141.61 Interest remittance amount 2,506,724.45 2,506,724.45

Filing Compare · FIRST HORIZON MORTGAGE PASS THROUGH TRUST 2003-7