8-K 1 fhl0401_8k0408.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): August 25, 2004 First Horizon (Depositor) (Issuer in respect of First Horizon Mortgage Pass-Through Trust, First Horizon (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 First Horizon First Horizon Mortgage Pass-Through Trust First Horizon ABS Notes, Series 2004-HE1 On August 25, 2004, The Bank of New York, as Trustee for First Horizon, First Horizon Mortgage Pass-Through Trust First Horizon ABS Notes, Series 2004-HE1, made a monthly distribution to Certificate holders of principal and/or interest pursuant to the Pooling and Servicing Agreement, dated as of March 1, 2004, among First Horizon 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 First Horizon, First Horizon Mortgage Pass-Through Trust First Horizon ABS Notes, Series 2004-HE1 relating to the distribution date of August 25, 2004 prepared by The Bank of New York, as Trustee under the Pooling and Servicing Agreement dated as of March 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: August 25, 2004 First Horizon By: /s/ Diane Pickett ------------------------------ Name: Diane Pickett Vice President The Bank of New York, as Trustee EXHIBIT INDEX Exhibit 99 Monthly Remittance Statement dated August 25, 2004 Payment Date: 08/25/04 ------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, First Horizon ABS Notes, Series 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 A ~~277~~256,~~164~~148,~~803~~794.1758 1.~~310000~~660000% 912,~~874~~872,~~104~~180.8378 ~~312~~354,~~657~~339.3017 1013,~~186~~226,~~762~~519.1395 0.00 0.00 Residual R 0.00 0.000000% 0.00 0.00 0.00 0.00 0.00 ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Totals - - ~~277~~256,~~164~~148,~~803~~794.1758 - 912,~~874~~872,~~104~~180.8378 ~~312~~354,~~657~~339.3017 1013,~~186~~226,~~762~~519.1395 - - ---------------------------------------------------------------------------------------------------------------------------------- Class Information -------------------------------------------------------------------------------- Ending Cert. Unpaid Type Class Code Name Notional Bal. Interest -------------------------------------------------------------------------------- Senior A ~~267~~243,~~290~~276,~~698~~613.3480 0.00 Residual R 0.00 0.00 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Totals - - ~~267~~243,~~290~~276,~~698~~613.3480 - --------------------------------------------------------------------------------

Payment Date: 08/25/04 ------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, First Horizon ABS Notes, Series 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 A ~~277~~256,~~164~~148,~~803~~794.1758 1.~~310000~~660000% 320515AA7 3242.~~627863~~534666 1.~~033141~~170874 ~~883~~803.~~231883~~880057 Residual R 0.00 0.000000% 320515AA7 0.000000 0.000000 0.000000 ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------ Totals - - ~~277~~256,~~164~~148,~~803~~794.1758 - - - - - ------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------ (null) First Horizon Mortgage Pass-Through Trust, First Horizon ABS Notes, Series The Bank of New York, as Trustee ------------------------------------------------------------ -------------------------------------------------------------------------------- COLLATERAL INFORMATION -------------------------------------------------------------------------------- Total ----- Prin balance 247,768,637.50 247,768,637.50 Loan count 5398 5398 Avg loan rate 5.801389% 5.80 Prepay amount 1,066,396.79 1,066,396.79 -------------------------------------------------------------------------------- FEES AND ADVANCES -------------------------------------------------------------------------------- Total ----- Master serv fees 108,242.42 108,242.42 Sub servicer fees 0.00 0.00 Trustee fees 1,298.91 1,298.91 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 0.00 0.00 Fraud 6,052,571.49 6,052,571.49 Special Hazard 0.00 0.00 Aggregate Certificate Information ----------------------------------------------------------------------------- Class Aggregate Aggregate Aggregate Type Percentage Prepay Pct. End Cert. Bal. ----------------------------------------------------------------------------- Senior 100.000000% 100.000000% 256,148,794.58 ----------------------------------------------------------------------------- Junior 0.000000% 0.000000% 0.00 ----------------------------------------------------------------------------- -------------------------------------------------------------------------------- DELINQUENCY INFORMATION -------------------------------------------------------------------------------- Period Loan Count Ending Stated Balance ------ ---------- --------------------- 30 to 59 days 4 144,630.45 60 to 89 days 2 25,348.62 90 or more 2 75,244.58 Foreclosure 1 57,483.13 Totals: 9 302,706.78 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 13,226,519.95 13,226,519.95 Principal remittance amount 12,872,180.78 12,872,180.78 Interest remittance amount 354,339.17 354,339.17

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