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: ~~June~~May 2831, ~~2006~~2007

(Date of earliest event reported)

FIRST HORIZON ASSET SECURITIES INC.

(Exact name of Registrant as specified in its charter)

Delaware	333-~~132046~~137018	75-2808384
(State of Incorporation)	(Commission File No.)	(I.R.S. Employer
		Identification No.)
4000 Horizon Way Irving, Texas		75063
(Address of Principal executive offices)		(Zip Code)

4000 Horizon Way
Irving, Texas	75063
(Address of Principal executive offices)	(Zip Code)

Registrant’s Telephone Number, Including Area Code: (214) 441-4000

Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: o ‪Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ‪o ‪Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ‪o ‪Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ‪o ‪Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

~~Reference~~On isMay ~~hereby~~31, ~~made~~2007, to the ~~Registrant’s~~direct ~~Registration~~parent ~~Statement~~of ~~on Form S-3 (File No. 333-132046) filed with~~ the ~~Securities~~Registrant, ~~and~~First ~~Exchange~~Horizon ~~Commission~~Home ~~(the “Commission”)~~Loan onCorporation, ~~April~~a ~~20,~~Kansas ~~2006~~corporation (~~the~~ “~~Registration Statement~~FHHLC”), ~~pursuant~~was tomerged ~~which~~with ~~the Registrant~~and ~~registered~~into ~~$5,737,198,489 aggregate principal amount of its mortgage~~First ~~pass-through~~Tennessee ~~certificates,~~Bank ~~issuable~~National ~~in various series~~Association, ~~for~~a ~~sale~~national inbanking ~~accordance~~association organized ~~with~~and existing under the ~~provisions~~laws of the ~~Securities~~United ~~Act~~States of(“FTBNA”). ~~1933,~~As asa ~~amended.~~result ~~Reference~~of isthe ~~also hereby~~merger, ~~made~~the toRegistrant ~~the~~became ~~Prospectus~~a ~~dated~~wholly-owned ~~April~~subsidiary 20of FTBNA, ~~2006~~ and the ~~related Prospectus~~ ~~Supplement~~separate ~~dated~~corporate ~~June~~existence ~~28,~~of ~~2006~~FHHLC ~~(collectively,~~ceased ~~the~~to ~~“Prospectus”)~~exist; however, ~~which~~the entity will be ~~filed~~continue ~~with the Commission pursuant~~ to ~~Rule~~operate ~~424(b)(5),~~as ~~with~~First ~~respect~~Horizon toHome ~~the Registrant’s Mortgage Pass-Through Certificates~~Loans, ~~Series~~a ~~2006-FA4~~division ~~(the “Offered~~of ~~Securities”)~~FTBNA.

The Registrant is filing this Current Report on Form 8-K to file the supplemental tax opinion of Andrews Kurth LLP as Exhibit 8.2 to the Registration Statement and the related consent as Exhibit 23.2.

Item 9.01. Financial Statements and Exhibits.

(c)	Exhibits
	Exhibit No.	Description
	8.2	Supplemental Tax Opinion of Andrews Kurth LLP
	23.2	Consent of Andrews Kurth LLP (contained in the opinion filed as Exhibit 8.2)

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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 hereunto duly authorized.

	FIRST HORIZON ASSET SECURITIES INC.
June 28, 2006	By:	/s/ Alfred Chang
May 31, 2007	By: /s/ Alfred Chang
		Alfred Chang Vice President
	Alfred Chang

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