8-K 1 fh0304_8k0403.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): March 25, 2004 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 2003-4 On March 25, 2004, The Bank of New York, as Trustee for FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2003-4, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of April 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 2003-4 relating to the distribution date of March 25, 2004 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of April 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: March 25, 2004 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 March 25, 2004 Payment Date: 03/25/04 ------------------------------------------------------------ (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 1A1 4341,~~083~~916,~~057~~954.1320 4.500000% ~~149~~1,~~383~~394,546.1735 ~~161~~157,~~561~~188.4658 ~~310~~1,~~944~~551,734.6493 0.00 0.00 1A2 3130,~~413~~562,~~035~~798.8024 4.250000% ~~108~~1,~~919~~016,801.3690 ~~111~~108,~~254~~243.5024 ~~220~~1,~~173~~125,045.8614 0.00 0.00 1A3 15,~~706~~281,~~517~~399.9012 5.000000% 54508,~~459~~400.6895 6563,~~443~~672.8250 ~~119~~572,~~903~~073.5045 0.00 0.00 1A4 10,~~764~~326,~~115~~684.4396 5.000000% 59518,~~707~~089.6860 4443,~~850~~027.4885 ~~104~~561,~~558~~117.1645 0.00 0.00 1A5 4443,~~428~~371,~~431~~998.4174 5.000000% ~~131~~1,~~663~~268,426.0926 ~~185~~180,~~118~~716.4666 ~~316~~1,~~781~~449,142.5592 0.00 0.00 1A6 3938,~~266~~203,~~294~~497.7580 1.~~618750~~590000% ~~136~~1,~~149~~271,002.2037 5250,~~968~~619.6063 ~~189~~1,~~117~~321,622.8001 0.00 0.00 1A7 3938,~~266~~203,~~294~~497.7580 6.~~881250~~910000% 0.00 ~~225~~219,~~167~~988.6647 ~~225~~219,~~167~~988.6647 0.00 0.00 1A8 22,000,000.00 5.500000% 0.00 100,833.33 100,833.33 0.00 0.00 1A9 9,~~589~~332,~~498~~774.4473 5.500000% 8586,~~183~~360.5520 4342,~~951~~775.8722 129,135.42 0.00 0.00 A10 18,~~585~~842,~~501~~225.5627 5.500000% 0.00 0.00 0.00 0.00 0.00 A11 32,500,000.00 5.500000% 0.00 148,958.33 148,958.33 0.00 0.00 Residual ARU 0.00 5.500000% 0.00 0.22 0.22 0.00 0.00 ARL 0.00 5.500000% 0.00 0.00 0.00 0.00 0.00 2A1 5452,~~741~~038,~~128~~698.0682 4.350000% ~~241~~2,~~529~~198,339.8191 ~~198~~188,~~436~~640.5928 ~~439~~2,~~966~~386,980.4019 0.00 0.00 2A2 109,~~166~~664,~~132~~256.6269 1.~~568750~~540000% 44408,~~855~~260.2004 1312,~~290~~402.1046 58420,~~145~~662.3050 0.00 0.00 2A3 109,~~166~~664,~~132~~256.6269 6.~~931250~~960000% 0.00 5856,~~720~~052.0169 5856,~~720~~052.0169 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 4,~~814~~791,~~472~~265.9058 5.~~402520~~403189% 7,~~749~~671.7517 21,~~675~~573.2443 29,~~424~~244.9960 0.00 0.00 B2 1,~~604~~597,~~824~~088.3053 5.~~402520~~403189% 2,~~583~~557.2506 7,~~225~~191.0814 9,~~808~~748.3320 0.00 0.00 B3 1,~~204~~198,~~112~~308.9372 5.~~402520~~403189% 1,~~938~~918.2358 5,~~421~~395.0457 7,~~359~~314.2716 0.00 0.00 B4 ~~601~~598,~~561~~662.7604 5.~~402520~~403189% ~~968~~958.3250 2,~~708~~695.2957 3,~~676~~654.6107 0.00 0.00 B5 ~~401~~399,~~700~~764.7845 5.~~402520~~403189% ~~646~~640.6105 1,~~808~~800.5000 2,~~455~~440.1106 0.00 0.00 B6 ~~601~~599,~~993~~092.8403 5.~~402520~~403189% ~~969~~959.0219 2,~~710~~697.2451 3,~~679~~656.2570 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~341~~333,~~472~~225,~~379~~469.6192 - 18,~~026~~684,~~705~~932.9213 1,~~452~~414,~~103~~472.8271 210,~~478~~099,~~809~~404.7484 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1A1 4240,~~933~~522,~~673~~407.9685 0.00 1A2 3129,~~304~~545,~~116~~996.4434 0.00 1A3 1514,~~652~~772,~~058~~998.2217 0.00 1A4 109,~~704~~808,~~407~~595.7536 0.00 1A5 4442,~~296~~103,~~768~~572.3248 0.00 1A6 3936,~~130~~932,~~145~~495.5543 0.00 1A7 3936,~~130~~932,~~145~~495.5543 0.00 1A8 22,000,000.00 0.00 1A9 9,~~504~~246,~~314~~414.8953 0.00 A10 18,~~670~~928,~~685~~585.1147 0.00 A11 32,500,000.00 0.00 Residual ARU 0.00 0.00 ARL 0.00 0.00 2A1 5449,~~499~~840,~~598~~358.2592 0.00 2A2 109,~~121~~255,~~277~~996.4266 0.00 2A3 109,~~121~~255,~~277~~996.4266 0.00 -------------------------------------------------------------------------------- Subordinate B1 4,~~806~~783,~~723~~594.1541 0.00 B2 1,~~602~~594,~~241~~531.0547 0.00 B3 1,~~202~~196,~~174~~390.7014 0.00 B4 ~~600~~597,~~593~~703.4454 0.00 B5 ~~401~~399,~~054~~124.1740 0.00 B6 ~~601~~598,~~024~~132.8284 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~340~~324,~~530~~626,~~857~~897.2499 - --------------------------------------------------------------------------------

Payment Date: 03/25/04 ------------------------------------------------------------ (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 1A1 4341,~~083~~916,~~057~~954.1320 4.500000% 32051DWL2 225.~~722984~~420047 2.~~944972~~865262 ~~782~~738.~~602911~~649909 1A2 3130,~~413~~562,~~035~~798.8024 4.250000% 32051DWM0 225.~~722984~~420047 2.~~781363~~706081 ~~782~~738.~~602911~~649909 1A3 15,~~706~~281,~~517~~399.9012 5.000000% 32051DWN8 225.~~722984~~420047 3.~~272191~~183625 ~~782~~738.~~602911~~649909 1A4 10,~~764~~326,~~115~~684.4396 5.000000% 32051DWP3 334.~~980512~~539307 2.~~990032~~868524 ~~713~~653.~~627183~~906357 1A5 4443,~~428~~371,~~431~~998.4174 5.000000% 32051DWQ1 222.~~381758~~945565 3.~~348754~~269127 ~~801~~761.~~319258~~644805 1A6 3938,~~266~~203,~~294~~497.7580 1.~~618750~~590000% 32051DWR9 225.~~722984~~420047 1.~~059372~~012393 ~~782~~738.~~602911~~649909 1A7 3938,~~266~~203,~~294~~497.7580 6.~~881250~~910000% 32051DWS7 0.000000 4.~~503353~~399769 ~~782~~738.~~602911~~649909 1A8 22,000,000.00 5.500000% 32051DWT5 0.000000 4.583333 1,000.000000 1A9 9,~~589~~332,~~498~~774.4473 5.500000% 32051DWU2 8.~~371848~~487489 4.~~319594~~203953 ~~934~~908.~~085001~~738529 A10 18,~~585~~842,~~501~~225.5627 5.500000% 32051DWV0 0.000000 0.000000 1,~~037~~051.~~260284~~588082 A11 32,500,000.00 5.500000% 32051DWW8 0.000000 4.583333 1,000.000000 Residual ARU 0.00 5.500000% 32051DWX6 0.000000 4.~~484795~~402946 0.000000 ARL 0.00 5.500000% 32051DWY4 0.000000 0.000000 0.000000 2A1 5452,~~741~~038,~~128~~698.0682 4.350000% 32051DWZ1 333.~~653150~~249993 32.~~001363~~853193 ~~824~~753.~~308948~~837737 2A2 109,~~166~~664,~~132~~256.6269 1.~~568750~~540000% 32051DXA5 333.~~653150~~249993 1.~~082388~~010096 ~~824~~753.~~308948~~837737 2A3 109,~~166~~664,~~132~~256.6269 6.~~931250~~960000% 32051DXB3 0.000000 4.~~782344~~565109 ~~824~~753.~~308948~~837737 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 4,~~814~~791,~~472~~265.9058 5.~~402520~~403189% 32051DXC1 1.~~592632~~576485 4.~~454426~~433504 ~~987~~983.~~818157~~065025 B2 1,~~604~~597,~~824~~088.3053 5.~~402520~~403189% 32051DXD9 1.~~592632~~576485 4.~~454426~~433504 ~~987~~983.~~818157~~065025 B3 1,~~204~~198,~~112~~308.9372 5.~~402520~~403189% 32051DXE7 1.~~592632~~576485 4.~~454426~~433504 ~~987~~983.~~818157~~065025 B4 ~~601~~598,~~561~~662.7604 5.~~402520~~403189% 32051DXF4 1.~~592632~~576485 4.~~454426~~433504 ~~987~~983.~~818157~~065025 B5 ~~401~~399,~~700~~764.7845 5.~~402520~~403189% 32051DXG2 1.~~592632~~576485 4.~~454426~~433504 ~~987~~983.~~818157~~065025 B6 ~~601~~599,~~993~~092.8403 5.~~402520~~403189% 32051DXH0 1.~~592635~~576487 4.~~454433~~433511 ~~987~~983.~~819781~~066641 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~341~~333,~~472~~225,~~379~~469.6192 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 263,759,190.56 60,867,706.39 324,626,896.95 Loan count 541 134 675 Avg loan rate 5.997603% 5.462136% 5.90 Prepay amount 5,700,625.44 2,367,357.89 8,067,983.33 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 52,826.60 12,440.77 65,267.37 Sub servicer fees 56,255.88 11,377.28 67,633.17 Trustee fees 1,346.31 317.41 1,663.72 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 6,505,931.96 1,604,796.76 8,110,728.71 Special Hazard 0.00 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 97.248145% 100.000000% 324,041,288.57 ----------------------------------------------------------------------------- Junior 2.751855% 0.000000% 9,169,476.79 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 2 1,027,246.77 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 2 1,027,246.77 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 10,099,404.84 10,099,404.84 Principal remittance amount 8,684,932.13 8,684,932.13 Interest remittance amount 1,414,472.71 1,414,472.71

Filing Compare · FIRST HORIZON ASSET SEC MORT PASS THR CERTS SER 2003-4