8-K 1 fh03ar2_8k0312.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): December 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-AR2 On December 25, 2003, The Bank of New York, as Trustee for FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-AR2, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of May 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-AR2 relating to the distribution date of December 25, 2003 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of May 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: December 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 December 25, 2003 Payment Date: 12/25/03 ------------------------------------------------------------ (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 2019,~~122~~664,~~013~~427.4312 4.~~519684~~515118% ~~457~~27,~~586~~496.3138 7573,~~787~~989.6233 ~~533~~101,~~373~~485.9471 0.00 0.00 2A1 ~~178~~172,~~774~~133,~~651~~628.9422 4.~~771847~~771551% 61,~~641~~236,~~023~~147.7287 ~~710~~684,~~904~~453.4463 71,~~351~~920,~~928~~601.1650 0.00 0.00 Residual 2AR 0.00 4.~~771847~~771551% 0.00 0.0100 0.0100 0.00 0.00 3A1 27,~~964~~921,~~154~~251.9433 5.~~184287~~184400% 42555,~~903~~481.6189 120,~~811~~629.8411 ~~163~~676,~~715~~111.4500 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 4,~~425~~421,~~480~~565.6028 4.~~798712~~798083% 34,~~915~~016.3308 17,~~697~~679.1720 21,~~612~~695.5028 0.00 0.00 B2 1,~~327~~326,~~445~~270.0159 4.~~798712~~798083% 1,~~174~~204.4264 5,~~308~~302.3596 6,~~482~~507.7861 0.00 0.00 B3 1,~~032~~031,~~678~~764.5389 4.~~798712~~798083% ~~913~~937.6415 4,~~129~~125.6141 5,~~043~~062.2456 0.00 0.00 B4 ~~442~~441,~~149~~758.7355 4.~~798712~~798083% ~~391~~401.1825 1,~~768~~766.1233 2,~~159~~167.3058 0.00 0.00 B5 ~~442~~441,~~149~~758.7355 4.~~798712~~798083% ~~391~~401.1825 1,~~768~~766.1233 2,~~159~~167.3058 0.00 0.00 B6 443,~~602~~210.4700 4.~~798712~~798083% ~~392~~402.4756 1,~~773~~772.9313 2,~~166~~174.4070 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~234~~227,~~974~~825,~~326~~634.3852 - 71,~~148~~826,~~691~~489.8606 ~~939~~911,~~949~~484.2244 82,~~088~~737,~~641~~973.0950 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1A1 19,~~664~~636,~~427~~930.1274 0.00 2A1 ~~172~~170,~~133~~897,~~628~~480.2234 0.00 Residual 2AR 0.00 0.00 3A1 27,~~921~~365,~~251~~769.3344 0.00 -------------------------------------------------------------------------------- Subordinate B1 4,~~421~~417,~~565~~549.2820 0.00 B2 1,~~326~~325,~~270~~065.5995 0.00 B3 1,~~031~~030,~~764~~827.8975 0.00 B4 441,~~758~~357.5530 0.00 B5 441,~~758~~357.5530 0.00 B6 ~~443~~442,~~210~~807.0044 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~227~~225,~~825~~999,~~634~~145.5246 - --------------------------------------------------------------------------------

Payment Date: 12/25/03 ------------------------------------------------------------ (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 2019,~~122~~664,~~013~~427.4312 4.~~519684~~515118% 32051DXJ6 171.~~892638~~075169 2.~~963464~~893147 ~~768~~767.~~922621~~847452 2A1 ~~178~~172,~~774~~133,~~651~~628.9422 4.~~771847~~771551% 32051DXK3 295.~~110188~~418517 3.~~116170~~000226 ~~754~~749.~~528603~~110086 Residual 2AR 0.00 4.~~771847~~771551% 32051DXL1 0.000000 0.~~129938~~002169 0.000000 3A1 27,~~964~~921,~~154~~251.9433 5.~~184287~~184400% 32051DXM9 116.~~247053~~145852 3.~~511564~~506253 ~~811~~795.~~569914~~424062 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 4,~~425~~421,~~480~~565.6028 4.~~798712~~798083% 32051DXN7 0.~~881037~~903708 3.~~982262~~978218 994.~~951682~~047974 B2 1,~~327~~326,~~445~~270.0159 4.~~798712~~798083% 32051DXP2 0.~~881037~~903708 3.~~982262~~978218 994.~~951682~~047974 B3 1,~~032~~031,~~678~~764.5389 4.~~798712~~798083% 32051DXQ0 0.~~881037~~903708 3.~~982262~~978218 994.~~951682~~047974 B4 ~~442~~441,~~149~~758.7355 4.~~798712~~798083% 32051DXR8 0.~~881037~~903708 3.~~982262~~978218 994.~~951682~~047974 B5 ~~442~~441,~~149~~758.7355 4.~~798712~~798083% 32051DXS6 0.~~881037~~903708 3.~~982262~~978218 994.~~951682~~047974 B6 443,~~602~~210.4700 4.~~798712~~798083% 32051DXT4 0.~~881037~~903708 3.~~982262~~978218 994.~~951703~~047995 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~234~~227,~~974~~825,~~326~~634.3852 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 20,353,536.55 177,314,251.89 28,331,357.07 Loan count 40 330 55 Avg loan rate 4.770118% 5.054551% 5.456400% Prepay amount 193.86 1,095,102.53 523,582.82 Total ----- Prin balance 225,999,145.51 Loan count 425 Avg loan rate 5.08 Prepay amount 1,618,879.21 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 4,229.27 40,620.76 6,403.49 Sub servicer fees 0.00 0.00 0.00 Trustee fees 101.91 892.78 144.44 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 Total ----- Master serv fees 51,253.53 Sub servicer fees 0.00 Trustee fees 1,139.13 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 525,938.35 4,691,709.07 707,543.76 Special Hazard 0.00 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 5,925,191.18 Special Hazard 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 96.444989% 100.000000% 219,719,306.66 ----------------------------------------------------------------------------- Junior 3.555011% 0.000000% 8,098,964.93 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 4 2,484,132.27 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 4 2,484,132.27 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 2,737,973.50 2,737,973.50 Principal remittance amount 1,826,489.06 1,826,489.06 Interest remittance amount 911,484.44 911,484.44

Filing Compare · FIRST HORIZON MORTGAGE PASS THROUGH TRUST 2003-AR2