8-K 1 fh04ar1_8k0405.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): May 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 2004-AR1 On May 25, 2004, The Bank of New York, as Trustee for FH, First Horizon Mortgage Pass-Through Trust Mortgage Pass-Through Certificates, Series 2004-AR1, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of January 1, 2004, 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 2004-AR1 relating to the distribution date of May 25, 2004 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of January 1, 2004. 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: May 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 May 25, 2004 Payment Date: 05/25/04 ------------------------------------------------------------ (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 2522,~~245~~948,~~497~~233.2686 4.~~299370~~293669% 1,~~239~~402,~~613~~504.9853 9082,~~449~~110.7709 1,~~330~~484,~~063~~614.7462 0.00 0.00 2A1 9781,~~748~~526,~~765~~547.3527 4.~~950192~~938330% 46,~~787~~477,~~983~~980.5242 ~~403~~335,~~229~~504.2919 56,~~191~~813,~~212~~484.8261 0.00 0.00 Residual 2AR 0.00 4.~~950192~~938330% 0.00 0.0001 0.0001 0.00 0.00 2RL 0.00 4.~~950192~~938330% 0.00 0.00 0.00 0.00 0.00 3A1 4034,~~695~~240,~~517~~889.0196 5.~~150464~~138749% 434,~~042~~368,404.8856 ~~174~~146,~~667~~629.3346 ~~217~~4,~~710~~515,034.2102 0.00 0.00 3A2 21,~~142~~802,~~639~~800.9651 5.~~150464~~138749% 2229,~~266~~998.2375 97,~~196~~720.3212 11237,~~462~~718.5587 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- Subordinate B1 2,~~563~~559,~~076~~403.6616 4.~~901750~~890953% 1,~~904~~874.1682 10,~~469~~431.6360 12,~~373~~306.8042 0.00 0.00 B2 1,~~149~~147,~~137~~490.6870 4.~~901750~~890953% ~~853~~840.7256 4,~~693~~676.9994 5,~~547~~517.7150 0.00 0.00 B3 ~~619~~618,~~535~~647.1016 4.~~901750~~890953% ~~460~~453.2717 2,~~530~~521.6748 2,~~990~~974.9465 0.00 0.00 B4 ~~618~~617,~~535~~649.8534 4.~~901750~~890953% ~~459~~452.5244 2,~~526~~517.5941 2,~~986~~969.1185 0.00 0.00 B5 442,~~667~~033.8237 4.~~901750~~890953% ~~328~~323.8780 1,~~808~~801.2164 2,~~137~~125.0744 0.00 0.00 B6 ~~265~~264,~~310~~929.1591 4.~~901750~~890953% ~~197~~194.1007 1,~~083~~079.7480 1,~~280~~273.8487 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~171~~146,~~490~~168,~~682~~625.8423 - 612,~~077~~483,~~110~~027.2512 ~~700~~594,~~655~~992.5473 613,~~777~~078,~~765~~019.7985 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior 1A1 2421,~~005~~545,~~883~~729.2833 0.00 2A1 9275,~~960~~048,~~781~~566.8385 0.00 Residual 2AR 0.00 0.00 2RL 0.00 0.00 3A1 4029,~~652~~872,~~474~~485.1340 0.00 3A2 21,~~140~~572,~~373~~801.7376 0.00 -------------------------------------------------------------------------------- Subordinate B1 2,~~561~~557,~~172~~528.5034 0.00 B2 1,~~148~~146,~~283~~650.9713 0.00 B3 ~~619~~618,~~074~~193.8399 0.00 B4 ~~618~~617,~~076~~196.3390 0.00 B5 ~~442~~441,~~338~~709.9557 0.00 B6 ~~265~~264,~~113~~735.0584 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~165~~133,~~413~~685,~~572~~598.5911 - --------------------------------------------------------------------------------

Payment Date: 05/25/04 ------------------------------------------------------------ (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 2522,~~245~~948,~~497~~233.2686 4.~~299370~~293669% 32051DV33 4753.~~201812~~404330 3.~~444131~~126574 ~~914~~820.~~091969~~414642 2A1 9781,~~748~~526,~~765~~547.3527 4.~~950192~~938330% 32051DV41 4764.~~341094~~050905 3.~~986922~~317291 ~~919~~742.~~147915~~041239 Residual 2AR 0.00 4.~~950192~~938330% 32051DV58 0.000000 0.~~053341~~164715 0.000000 2RL 0.00 4.~~950192~~938330% 32051DV66 0.000000 0.000000 0.000000 3A1 4034,~~695~~240,~~517~~889.0196 5.~~150464~~138749% 32051DV74 1104.~~032451~~783031 43.~~189670~~517137 ~~975~~716.~~113316~~538388 3A2 21,~~142~~802,~~639~~800.9651 5.~~150464~~138749% 32051DV82 1104.~~032451~~783031 43.~~189670~~517137 ~~975~~716.~~113316~~538388 ------------------------------------------------------------------------------------------------------------------------ Subordinate B1 2,~~563~~559,~~076~~403.6616 4.~~901750~~890953% 32051DV90 0.~~742364~~730923 4.~~081728~~066901 ~~998~~997.~~507796~~087073 B2 1,~~149~~147,~~137~~490.6870 4.~~901750~~890953% 32051DW24 0.~~742364~~730923 4.~~081728~~066901 ~~998~~997.~~507796~~087073 B3 ~~619~~618,~~535~~647.1016 4.~~901750~~890953% 32051DW32 0.~~742364~~730923 4.~~081728~~066901 ~~998~~997.~~507796~~087073 B4 ~~618~~617,~~535~~649.8534 4.~~901750~~890953% 32051DW40 0.~~742364~~730923 4.~~081728~~066901 ~~998~~997.~~507796~~087073 B5 442,~~667~~033.8237 4.~~901750~~890953% 32051DW57 0.~~742364~~730923 4.~~081728~~066901 ~~998~~997.~~507796~~087073 B6 ~~265~~264,~~310~~929.1591 4.~~901750~~890953% 32051DW65 0.~~742364~~730923 4.~~081728~~066901 ~~998~~997.~~507796~~087112 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~171~~146,~~490~~168,~~682~~625.8423 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, Mortgage Pass-Through Certificates, The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Prin balance 22,409,562.30 78,385,684.95 32,890,350.85 Loan count 43 151 65 Avg loan rate 4.574669% 5.200330% 5.393749% Prepay amount 1,373,729.67 6,436,794.73 4,564,323.16 Total ----- Prin balance 133,685,598.10 Loan count 259 Avg loan rate 5.15 Prepay amount 12,374,847.56 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Master serv fees 3,572.46 13,082.20 4,609.54 Sub servicer fees 615.17 848.65 156.21 Trustee fees 119.07 424.33 187.45 Agg advances N/A N/A N/A Adv this period 0.00 0.00 0.00 Total ----- Master serv fees 21,264.20 Sub servicer fees 1,620.04 Trustee fees 730.84 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 0.00 0.00 0.00 Special Hazard 0.00 0.00 0.00 Total ----- Bankruptcy 0.00 Fraud 0.00 Special Hazard 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 96.137218% 100.000000% 140,518,471.60 ----------------------------------------------------------------------------- Junior 3.862782% 0.000000% 5,646,014.77 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 2 1,201,691.19 60 to 89 days 0 0.00 90 or more 0 0.00 Foreclosure 0 0.00 Totals: 2 1,201,691.19 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 13,078,019.85 13,078,019.85 Principal remittance amount 12,483,027.12 12,483,027.12 Interest remittance amount 594,992.73 594,992.73

Filing Compare · FIRST HORIZON ASSET SEC MORT PAS THR CERTS SER 2004-AR1