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, 2005
(null)
(Depositor)
(Issuer in respect of First Horizon Alternative Mortgage Securities Trust,
(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)
400 Horizon Way, Irving, TX 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)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions.
[]Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[]Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[]Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[]Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Section 8 - Other Events
Item 8.01 Other Events
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
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, 2005
(null)
By: /s/ Kelly Crosson
------------------------------
Name: Kelly Crosson
Assistant Treasurer
The Bank of New York,
as Trustee
EXHIBIT INDEX
Exhibit
99 Monthly Remittance Statement dated December 25, 2005
Payment Date: 12/25/05
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First Horizon Alternative Mortgage Securities Trust, Mortgage Pass-Through
The Bank of New York, as Trustee
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Class Information Current Payment Information
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Beginning Pass Thru Principal Interest Total Principal Interest
Type Class Code Name Cert. Bal. Rate Dist. Amt. Dist. Amt. Dist. Losses Shortfalls
- ----------------------------------------------------------------------------------------------------------------------------------
Senior 1A1 128,755,000.00 5.780713% 945,451.89 620,246.37 1,565,698.27 0.00 0.00
Residual 1AR 100.00 5.780713% 100.00 0.92 100.92 0.00 0.00
2A1 153,975,000.00 5.982173% 3,573,028.43 767,587.63 4,340,616.06 0.00 0.00
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Subordinate B1 7,349,000.00 5.890437% 875.35 36,074.02 36,949.37 0.00 0.00
B2 3,300,000.00 5.890437% 393.07 16,198.70 16,591.77 0.00 0.00
B3 2,550,000.00 5.890437% 303.73 12,517.18 12,820.91 0.00 0.00
B4 1,650,000.00 5.890437% 196.53 8,099.35 8,295.89 0.00 0.00
B5 1,200,000.00 5.890437% 142.93 5,890.44 6,033.37 0.00 0.00
B6 1,199,986.31 5.890437% 142.93 5,890.37 6,033.30 0.00 0.00
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Totals - - 299,979,086.31 - 4,520,634.88 1,472,504.99 5,993,139.87 - -
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Class Information
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Ending Cert. Unpaid
Type Class Code Name Notional Bal. Interest
- --------------------------------------------------------------------------------
Senior 1A1 127,809,548.11 0.00
Residual 1AR 0.00 0.00
2A1 150,401,971.57 0.00
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Subordinate B1 7,348,124.65 0.00
B2 3,299,606.93 0.00
B3 2,549,696.27 0.00
B4 1,649,803.47 0.00
B5 1,199,857.07 0.00
B6 1,199,843.38 0.00
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Totals - - 295,458,451.43 -
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Payment Date: 12/25/05
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(null)
First Horizon Alternative Mortgage Securities Trust, Mortgage Pass-Through
The Bank of New York, as Trustee
------------------------------------------------------------
Class Information Current Payment Information
Factors per $1,000
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Beginning Pass Thru CUSIP Principal Interest Ending Cert./
Type Class Code Name Cert. Bal.(Face) Rate Numbers Dist. Dist. Notional Bal.
- ------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------
Senior 1A1 128,755,000.00 5.780713% 32051GH40 7.343031 4.817260 992.656969
Residual 1AR 100.00 5.780713% 32051GH57 1,000.000000 9.245677 0.000000
2A1 153,975,000.00 5.982173% 32051GH65 23.205250 4.985145 976.794750
- ------------------------------------------------------------------------------------------------------------------------
Subordinate B1 7,349,000.00 5.890437% 32051GH73 0.119112 4.908697 999.880888
B2 3,300,000.00 5.890437% 32051GH81 0.119112 4.908697 999.880888
B3 2,550,000.00 5.890437% 32051GH99 0.119112 4.908697 999.880888
B4 1,650,000.00 5.890437% 32051GG66 0.119112 4.908697 999.880888
B5 1,200,000.00 5.890437% 32051GG74 0.119112 4.908697 999.880888
B6 1,199,986.31 5.890437% 32051GG84 0.119112 4.908697 999.880888
- ------------------------------------------------------------------------------------------------------------------------
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Totals - - 299,979,086.31 - - - - -
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(null)
First Horizon Alternative Mortgage Securities Trust, Mortgage Pass-Through
The Bank of New York, as Trustee
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COLLATERAL INFORMATION
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Total
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Prin balance 135,662,884.76 159,795,566.67 295,458,451.43
Loan count 694 497 1191
Avg loan rate 6.155713% 6.357173% 6.27
Prepay amount 927,535.78 3,557,367.61 4,484,903.39
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FEES AND ADVANCES
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Total
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Master serv fees 42,007.43 50,236.14 92,243.57
Sub servicer fees 0.00 0.00 0.00
Trustee fees 683.05 816.85 1,499.90
Agg advances N/A N/A N/A
Adv this period 0.00 5,229.21 5,229.21
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LOSSES & INSURANCE COVERAGES
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Total
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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 2,732,190.71 3,267,391.01 5,999,581.73
Special Hazard 0.00 0.00 0.00
Aggregate Certificate Information
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Class Aggregate Aggregate Aggregate
Type Percentage Prepay Pct. End Cert. Bal.
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Senior 94.250583% 100.000000% 282,730,100.00
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Junior 5.749417% 0.000000% 17,246,931.75
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DELINQUENCY INFORMATION
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Period Loan Count Ending Stated Balance
- ------ ---------- ---------------------
30 to 59 days 0 0.00
60 to 89 days 0 0.00
90 or more 0 0.00
Foreclosure 0 0.00
Totals: 0 0.00
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REO INFORMATION
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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
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OTHER INFORMATION
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Amount/Withdrawal Total/Ending Bal.
----------------- -----------------
Available remittance amount 5,993,139.87 5,993,139.87
Principal remittance amount 4,520,634.88 4,520,634.88
Interest remittance amount 1,472,504.99 1,472,504.99