First Franklin Mortgage Loan Trust 2005-FF4 8-K Other Events

                                    UNITED STATES
                           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, 2005
                            (Date of earliest event reported)

            Financial Asset Securities Corp. (as Depositor under the
              Pooling and Servicing Agreement, dated as December 1, 2004,
          providing for the issuance of First Franklin Mortgage Loan Trust 2004-FFH4
              Asset-Backed Certificates, Series 2004-FFH4)
                 (Exact name of registrant as specified in charter)

                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-121661-11                          06-1442101
          (Commission File Number)        (I.R.S. Employer Identification No.)


               600 Steamboat Road
               Greenwich, Connecticut                    06830
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (203) 625-2700


         (Former name or former address, 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 (see General Instruction A.2. below):

[  ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act
(17 CFR 240.14a-12(b))

[  ] 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))


     Item 8.01  Other Events

     Attached hereto is a copy of the Monthly Remittance Statements to the
     Certificateholders which was derived from the monthly information
     submitted by the Master Servicer of the Trust to the Trustee.


     Item 9.01 Financial Statements and Exhibits

     (c) Exhibits:

     Exhibit No. Description

     99.1 Monthly Remittance Statement to the Certificateholders dated as of
     May 25, 2005.

                                    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.

                                   Deutsche Bank National Trust Company,
                                  in its capacity as Trustee under the
                                  Pooling and Servicing Agreement on
                                  behalf of Financial Asset Securities
                                  Corporation, Registrant


          Date:  Jun 02, 2005               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

          99.1 Monthly Remittance Statement to the Certificateholders
          dated as of May 25, 2005.










			

First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
				External Parties						Table of Contents
													Page
				Seller
										1. Certificate Payment Report					2
				Greenwich Capital Markets
										2. Collection Account Report					6
										3. Credit Enhancement Report					8
										4. Collateral Report					9
				Certificate Insurer(s)						5. Delinquency Report					12
										6. REO Report					15
										7. Foreclosure Report					16
										8. Prepayment Report					17
										9. Prepayment Detail Report					20
										10. Realized Loss Report					21
										11. Realized Loss Detail Report					24
				Servicer(s)
										12. Triggers and Adj. Cert. Report					25
				National City Home Loan
										13. Additional Certificate Report					26
				Underwriter(s)
				Greenwich Capital Markets
										Total Number of Pages					26
				Dates						Contacts
				Cut-Off Date:			April 01, 2005			Marion Hogan
				Close Date:			April 28, 2005			Administrator
				First Distribution Date:			May 25, 2005			(714) 247-6282
										marion.c.hogan@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			May 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			April 29, 2005
										Main Phone Number:			(714) 247-6000
							May 24, 2005
										https://www.tss.db.com/invr
Page 1 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution -
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance
					(1)		(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)
I-A-1	FLT/STEP	$	713,502,000.00		713,502,000.00		1,744,512.39		3,369,388.07		5,113,900.46		0.00		0.00		710,132,611.93
II-A-1	FLT/STEP	$	91,800,000.00		91,800,000.00		216,189.00		2,306,372.45		2,522,561.45		0.00		0.00		89,493,627.55
II-A-2	FLT/STEP	$	85,330,000.00		85,330,000.00		204,792.00		0.00		204,792.00		0.00		0.00		85,330,000.00
II-A-3	FLT/STEP	$	92,580,000.00		92,580,000.00		227,746.80		0.00		227,746.80		0.00		0.00		92,580,000.00
II-A-4	FLT/STEP	$	35,513,000.00		35,513,000.00		89,492.76		0.00		89,492.76		0.00		0.00		35,513,000.00
M-1	FLT/STEP	$	66,938,000.00		66,938,000.00		175,210.22		0.00		175,210.22		0.00		0.00		66,938,000.00
M-2	FLT/STEP	$	33,788,000.00		33,788,000.00		89,707.14		0.00		89,707.14		0.00		0.00		33,788,000.00
M-3	FLT/STEP	$	23,588,000.00		23,588,000.00		64,395.24		0.00		64,395.24		0.00		0.00		23,588,000.00
M-4	FLT/STEP	$	22,950,000.00		22,950,000.00		63,858.38		0.00		63,858.38		0.00		0.00		22,950,000.00
M-5	FLT/STEP	$	23,588,000.00		23,588,000.00		66,164.34		0.00		66,164.34		0.00		0.00		23,588,000.00
M-6	FLT/STEP	$	16,575,000.00		16,575,000.00		52,957.13		0.00		52,957.13		0.00		0.00		16,575,000.00
M-7	FLT/STEP	$	15,300,000.00		15,300,000.00		50,031.00		0.00		50,031.00		0.00		0.00		15,300,000.00
M-8	FLT/STEP	$	14,663,000.00		14,663,000.00		52,896.77		0.00		52,896.77		0.00		0.00		14,663,000.00
M-9	FLT/STEP	$	12,113,000.00		12,113,000.00		55,053.59		0.00		55,053.59		0.00		0.00		12,113,000.00
B-1	FLT/STEP	$	9,563,000.00		9,563,000.00		43,463.84		0.00		43,463.84		0.00		0.00		9,563,000.00
B-2	FLT/STEP	$	10,834,000.00		10,834,000.00		45,177.78		0.00		45,177.78		0.00		0.00		10,834,000.00
C	EXE	$	6,374,900.00		6,374,900.00		742,066.17		0.00		742,066.17		0.00		100.00		6,375,000.00
P	EXE	$	100.00		100.00		42,700.81		0.00		42,700.81		0.00		0.00		100.00
R	EXE/NPR	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total			1,275,000,000.00		1,275,000,000.00		4,026,415.36		5,675,760.52		9,702,175.88		0.00		100.00		1,269,324,339.48
Page 2 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current
	Period		Period						(with Notional)		Principal						Total	Principal
Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance
									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
I-A-1	04/28/05		05/24/05		A-Act/360		32027NQX2		713,502,000.00		1,000.000000		2.445000		4.722325		7.167325	995.277675
II-A-1	04/28/05		05/24/05		A-Act/360		32027NQY0		91,800,000.00		1,000.000000		2.355000		25.123883		27.478883	974.876117
II-A-2	04/28/05		05/24/05		A-Act/360		32027NQZ7		85,330,000.00		1,000.000000		2.400000		0.000000		2.400000	1,000.000000
II-A-3	04/28/05		05/24/05		A-Act/360		32027NRA1		92,580,000.00		1,000.000000		2.460000		0.000000		2.460000	1,000.000000
II-A-4	04/28/05		05/24/05		A-Act/360		32027NRB9		35,513,000.00		1,000.000000		2.520000		0.000000		2.520000	1,000.000000
M-1	04/28/05		05/24/05		A-Act/360		32027NRC7		66,938,000.00		1,000.000000		2.617500		0.000000		2.617500	1,000.000000
M-2	04/28/05		05/24/05		A-Act/360		32027NRD5		33,788,000.00		1,000.000000		2.655000		0.000000		2.655000	1,000.000000
M-3	04/28/05		05/24/05		A-Act/360		32027NRE3		23,588,000.00		1,000.000000		2.730000		0.000000		2.730000	1,000.000000
M-4	04/28/05		05/24/05		A-Act/360		32027NRF0		22,950,000.00		1,000.000000		2.782500		0.000000		2.782500	1,000.000000
M-5	04/28/05		05/24/05		A-Act/360		32027NRG8		23,588,000.00		1,000.000000		2.805000		0.000000		2.805000	1,000.000000
M-6	04/28/05		05/24/05		A-Act/360		32027NRH6		16,575,000.00		1,000.000000		3.195000		0.000000		3.195000	1,000.000000
M-7	04/28/05		05/24/05		A-Act/360		32027NRJ2		15,300,000.00		1,000.000000		3.270000		0.000000		3.270000	1,000.000000
M-8	04/28/05		05/24/05		A-Act/360		32027NRK9		14,663,000.00		1,000.000000		3.607500		0.000000		3.607500	1,000.000000
M-9	04/28/05		05/24/05		A-Act/360		32027NRL7		12,113,000.00		1,000.000000		4.545000		0.000000		4.545000	1,000.000000
B-1	04/28/05		05/24/05		A-Act/360		32027NRM5		9,563,000.00		1,000.000000		4.545001		0.000000		4.545001	1,000.000000
B-2	04/28/05		05/24/05		A-Act/360		32027NRN3		10,834,000.00		1,000.000000		4.170000		0.000000		4.170000	1,000.000000
C	04/01/05		04/30/05		A-30/360				6,374,900.00		1,000.000000		116.404362		0.000000		116.404362	1,000.015687
P	04/01/05		04/30/05		A-30/360				100.00		1,000.000000		427,008.100000		0.000000		427,008.100000	1,000.000000
R	04/01/05		04/30/05		A-30/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000
Page 3 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Distribution to Date -
																	Current
	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal
Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
I-A-1	713,502,000.00		1,744,512.39		3,198,032.84		171,355.23		3,369,388.07		5,113,900.46		0.00		0.00		710,132,611.93
II-A-1	91,800,000.00		216,189.00		2,189,078.46		117,293.99		2,306,372.45		2,522,561.45		0.00		0.00		89,493,627.55
II-A-2	85,330,000.00		204,792.00		0.00		0.00		0.00		204,792.00		0.00		0.00		85,330,000.00
II-A-3	92,580,000.00		227,746.80		0.00		0.00		0.00		227,746.80		0.00		0.00		92,580,000.00
II-A-4	35,513,000.00		89,492.76		0.00		0.00		0.00		89,492.76		0.00		0.00		35,513,000.00
M-1	66,938,000.00		175,210.22		0.00		0.00		0.00		175,210.22		0.00		0.00		66,938,000.00
M-2	33,788,000.00		89,707.14		0.00		0.00		0.00		89,707.14		0.00		0.00		33,788,000.00
M-3	23,588,000.00		64,395.24		0.00		0.00		0.00		64,395.24		0.00		0.00		23,588,000.00
M-4	22,950,000.00		63,858.38		0.00		0.00		0.00		63,858.38		0.00		0.00		22,950,000.00
M-5	23,588,000.00		66,164.34		0.00		0.00		0.00		66,164.34		0.00		0.00		23,588,000.00
M-6	16,575,000.00		52,957.13		0.00		0.00		0.00		52,957.13		0.00		0.00		16,575,000.00
M-7	15,300,000.00		50,031.00		0.00		0.00		0.00		50,031.00		0.00		0.00		15,300,000.00
M-8	14,663,000.00		52,896.77		0.00		0.00		0.00		52,896.77		0.00		0.00		14,663,000.00
M-9	12,113,000.00		55,053.59		0.00		0.00		0.00		55,053.59		0.00		0.00		12,113,000.00
B-1	9,563,000.00		43,463.84		0.00		0.00		0.00		43,463.84		0.00		0.00		9,563,000.00
B-2	10,834,000.00		45,177.78		0.00		0.00		0.00		45,177.78		0.00		0.00		10,834,000.00
C	6,374,900.00		742,066.17		0.00		0.00		0.00		742,066.17		0.00		100.00		6,375,000.00
P	100.00		42,700.81		0.00		0.00		0.00		42,700.81		0.00		0.00		100.00
R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total	1,275,000,000.00		4,026,415.36		5,387,111.30		288,649.22		5,675,760.52		9,702,175.88		0.00		100.00		1,269,324,339.48
Page 4 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Interest Detail -
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or		Current
	Through		(with Notional)		Accrued		Supported		Unpaid		Interest		Optimal		Deferred		Unpaid
Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
I-A-1	3.26000%		713,502,000.00		1,744,512.39		0.00		0.00		0.00		1,744,512.39		1,744,512.39		0.00
II-A-1	3.14000%		91,800,000.00		216,189.00		0.00		0.00		0.00		216,189.00		216,189.00		0.00
II-A-2	3.20000%		85,330,000.00		204,792.00		0.00		0.00		0.00		204,792.00		204,792.00		0.00
II-A-3	3.28000%		92,580,000.00		227,746.80		0.00		0.00		0.00		227,746.80		227,746.80		0.00
II-A-4	3.36000%		35,513,000.00		89,492.76		0.00		0.00		0.00		89,492.76		89,492.76		0.00
M-1	3.49000%		66,938,000.00		175,210.22		0.00		0.00		0.00		175,210.22		175,210.22		0.00
M-2	3.54000%		33,788,000.00		89,707.14		0.00		0.00		0.00		89,707.14		89,707.14		0.00
M-3	3.64000%		23,588,000.00		64,395.24		0.00		0.00		0.00		64,395.24		64,395.24		0.00
M-4	3.71000%		22,950,000.00		63,858.38		0.00		0.00		0.00		63,858.38		63,858.38		0.00
M-5	3.74000%		23,588,000.00		66,164.34		0.00		0.00		0.00		66,164.34		66,164.34		0.00
M-6	4.26000%		16,575,000.00		52,957.13		0.00		0.00		0.00		52,957.13		52,957.13		0.00
M-7	4.36000%		15,300,000.00		50,031.00		0.00		0.00		0.00		50,031.00		50,031.00		0.00
M-8	4.81000%		14,663,000.00		52,896.77		0.00		0.00		0.00		52,896.77		52,896.77		0.00
M-9	6.06000%		12,113,000.00		55,053.59		0.00		0.00		0.00		55,053.59		55,053.59		0.00
B-1	6.06000%		9,563,000.00		43,463.84		0.00		0.00		0.00		43,463.84		43,463.84		0.00
B-2	5.56000%		10,834,000.00		45,177.78		0.00		0.00		0.00		45,177.78		45,177.78		0.00
C	139.70406%		6,374,900.00		742,166.17		0.00		0.00		0.00		742,166.17		742,166.17		0.00
P	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		42,700.81		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total			1,275,000,000.00		3,983,814.55		0.00		0.00		0.00		3,983,814.55		4,026,515.36		0.00
Page 5 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Collection Account Report
SUMMARY
										Group 2		Group 1		Total
Principal Collections										2,306,331.81		3,369,328.71		5,675,660.52
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										2,306,331.81		3,369,328.71		5,675,660.52
Interest Collections										1,084,629.50		3,162,797.61		4,247,427.12
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts										0.00		42,700.81		42,700.81
Interest Fees										-66,671.83		-196,940.74		-263,612.57
TOTAL NET INTEREST										1,017,957.67		3,008,557.68		4,026,515.36
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										3,324,289.48		6,377,886.39		9,702,175.88
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											45,356.81		243,287.33		288,644.14
Curtailments											6,154.06		49,776.05		55,930.11
Prepayments In Full											2,254,820.94		3,076,265.33		#######
Repurchased/Substitutions											0.00		0.00		0.00
Liquidations											0.00		0.00		0.00
Other Additional Principal											0.00		0.00		0.00
Delinquent Principal											-8,551.53		-35,912.49		-44,464.02
Realized Losses											-0.00		-0.00		-0.00
Advanced Principal											8,551.53		35,912.49		44,464.02
TOTAL PRINCIPAL COLLECTED											2,306,331.81		3,369,328.71		5,675,660.52
PRINCIPAL - WITHDRAWALS
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS
										Group 2		Group 1		Total
TOTAL PRINCIPAL OTHER ACCOUNTS										0.00		0.00		0.00
Page 6 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										1,102,239.67		3,198,112.07		4,300,351.74
Repurchased/Substitution Interest										0.00		0.00		0.00
Liquidation Interest										0.00		0.00		0.00
Other Additional Interest										0.00		0.00		0.00
Prepayment Interest Shortfalls										-541.45		-1,025.73		-1,567.18
Delinquent Interest										-233,642.99		-496,126.61		-729,769.60
Compensating Interest										541.45		1,025.73		1,567.18
Civil Relief Act Shortfalls										-0.00		-0.00		-0.00
Interest Advanced										216,032.83		460,812.16		676,844.99
TOTAL INTEREST COLLECTED										1,084,629.50		3,162,797.61		4,247,427.12
INTEREST - WITHDRAWALS
										Group 2		Group 1		Total
TOTAL INTEREST WITHDRAWALS										0.00		0.00		0.00
INTEREST - OTHER ACCOUNTS
										Group 2		Group 1		Total
Prepayment Charges														42,700.81
TOTAL INTEREST OTHER ACCOUNTS										0.00		42,700.81		42,700.81
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										66,671.83		196,940.74		263,612.57
Trustee Fees										0.00		0.00		0.00
TOTAL INTEREST FEES										66,671.83		196,940.74		263,612.57
Page 7 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
RESERVE
Amount Deposited in the Account						0.00
Amount Withdrawn						0.00
Releases						0.00
INSURANCE
SPACE INTENTIONALLY LEFT BLANK
STRUCTURAL FEATURES
										Group 2		Group 1		Total
Overcollateralization Amount														6,375,000.00
Overcollateralization Target Amount														6,375,000.00
Overcollateralization Deficiency Amount														100.00
Overcollateralization Release Amount														0.00
Page 8 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Collateral Report
COLLATERAL
											Group 2		Group 1		Total
Loan Count:
Original										422		3,553		3,975
Prior										422		3,553		3,975
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-4		-17		-21
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										418		3,536		3,954
Principal Balance:
Original										202,276,785.92		557,412,462.56		759,689,248.48
Prior										202,276,785.92		557,412,462.56		759,689,248.48
Prefunding										0.00		0.00		0.00
Scheduled Principal										-45,356.81		-243,287.33		-288,644.14
Partial Prepayments										-6,154.06		-49,776.05		-55,930.11
Full Voluntary Prepayments										-2,254,820.94		-3,076,265.33		-5,331,086.27
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										199,970,454.11		554,043,133.85		754,013,587.96
PREFUNDING
										Group 2		Group 1		Total
Prefunding Account Original Balance										179,729,808.30		335,580,943.22		515,310,751.52
Prefunding Account Beginning Balance										179,729,808.30		335,580,943.22		515,310,751.52
Subsequent Loans Added to the Pool										0.00		0.00		0.00
Prefund Release to Certificate Holders										0.00		0.00		0.00
Prefunding Account Ending Balance										179,729,808.30		335,580,943.22		515,310,751.52
Page 9 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										6.53900%		6.88491%		6.79281%
Weighted Average Coupon Prior										6.53900%		6.88491%		6.79281%
Weighted Average Coupon Current										6.53900%		6.88491%		6.79281%
Weighted Average Months to Maturity Original										358		356		357
Weighted Average Months to Maturity Prior										358		356		357
Weighted Average Months to Maturity Current										358		356		357
Weighted Avg Remaining Amortization Term Original										358		356		357
Weighted Avg Remaining Amortization Term Prior										358		356		357
Weighted Avg Remaining Amortization Term Current										358		356		357
Weighted Average Seasoning Original										2.19		2.19		2.19
Weighted Average Seasoning Prior										2.19		2.19		2.19
Weighted Average Seasoning Current										2.19		2.19		2.19
Page 10 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										5.55112%		5.78001%		5.71611%
Weighted Average Margin Prior										5.55112%		5.78001%		5.71611%
Weighted Average Margin Current										5.55112%		5.78001%		5.71611%
Weighted Average Max Rate Original										12.52761%		12.82550%		12.74234%
Weighted Average Max Rate Prior										12.52761%		12.82550%		12.74234%
Weighted Average Max Rate Current										12.52761%		12.82550%		12.74234%
Weighted Average Min Rate Original										6.52761%		6.82550%		6.74234%
Weighted Average Min Rate Prior										6.52761%		6.82550%		6.74234%
Weighted Average Min Rate Current										6.52761%		6.82550%		6.74234%
Weighted Average Cap Up Original										1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Prior										1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Current										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Original										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Prior										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Current										1.00000%		1.00000%		1.00000%
SERVICING FEES & ADVANCES
											Group 2		Group 1		Total
Current Servicing Fees										66,671.83		196,940.74		263,612.57
Delinquent Servicing Fees										17,610.16		35,314.46		52,924.62
TOTAL SERVICING FEES										84,282.00		232,255.20		316,537.20
Total Servicing Fees										84,282.00		232,255.20		316,537.20
Compensating Interest										-541.45		-1,025.73		-1,567.18
Delinquent Servicing Fees										-17,610.16		-35,314.46		-52,924.62
COLLECTED SERVICING FEES										66,130.38		195,915.02		262,045.40
Total Advaced Interest										216,032.83		460,812.16		676,844.99
Total Advaced Principal										8,551.53		35,912.49		44,464.02
Aggregate Advances with respect to this Distribution										224,584.36		496,724.65		721,309.01
ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)										541.45		1,025.73		1,567.18
Compensating Interest										-541.45		-1,025.73		-1,567.18
Net Prepayment Interest Shortfall (PPIS)										0.00		0.00		0.00
Weighted Average Net Mortgage Rate										6.038998%		6.476836%		6.360256%
Libor For Current Period														3.0600%
Libor For Next Period														0.0000%
Page 11 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Delinquency Report
	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				126,400.00		0.00		0.00		126,400.00
			% Balance				0.02%		0.00%		0.00%		0.02%
			# Loans				1		0		0		1
			% # Loans				0.03%		0.00%		0.00%		0.03%
	FORECLOSURE		Balance		228,234.08		0.00		0.00		0.00		228,234.08
			% Balance		0.03%		0.00%		0.00%		0.00%		0.03%
			# Loans		1		0		0		0		1
			% # Loans		0.03%		0.00%		0.00%		0.00%		0.03%
	BANKRUPTCY		Balance		489,316.98		0.00		0.00		0.00		489,316.98
			% Balance		0.06%		0.00%		0.00%		0.00%		0.06%
			# Loans		4		0		0		0		4
			% # Loans		0.10%		0.00%		0.00%		0.00%		0.10%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		717,551.06		126,400.00		0.00		0.00		843,951.06
			% Balance		0.10%		0.02%		0.00%		0.00%		0.11%
			# Loans		5		1		0		0		6
			% # Loans		0.13%		0.03%		0.00%		0.00%		0.15%
Page 12 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				126,400.00		0.00		0.00		126,400.00
			% Balance				0.02%		0.00%		0.00%		0.02%
			# Loans				1		0		0		1
			% # Loans				0.03%		0.00%		0.00%		0.03%
	FORECLOSURE		Balance		228,234.08		0.00		0.00		0.00		228,234.08
			% Balance		0.04%		0.00%		0.00%		0.00%		0.04%
			# Loans		1		0		0		0		1
			% # Loans		0.03%		0.00%		0.00%		0.00%		0.03%
	BANKRUPTCY		Balance		489,316.98		0.00		0.00		0.00		489,316.98
			% Balance		0.09%		0.00%		0.00%		0.00%		0.09%
			# Loans		4		0		0		0		4
			% # Loans		0.11%		0.00%		0.00%		0.00%		0.11%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		717,551.06		126,400.00		0.00		0.00		843,951.06
			% Balance		0.13%		0.02%		0.00%		0.00%		0.15%
			# Loans		5		1		0		0		6
			% # Loans		0.14%		0.03%		0.00%		0.00%		0.17%
Page 13 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				0.00		0.00		0.00		0.00
			% Balance				0.00%		0.00%		0.00%		0.00%
			# Loans				0		0		0		0
			% # Loans				0.00%		0.00%		0.00%		0.00%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
Page 14 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
REO Report
Loan Number			Original		Stated				Current		State &
														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment
Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
TOTAL
Page 15 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Foreclosure Report
Loan Number			Original		Stated				Current		State &
														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment
Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
4000230945 1
			228,800.00		228,234.08		01-Apr-2005		7.000%		FL - 79.87%		360		01-Mar-2005
TOTAL			228,800.00		228,234.08
Page 16 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Prepayment Report
VOLUNTARY PREPAYMENTS
											Group 2		Group 1		Total
Current
Number of Paid in Full Loans										4		17		21
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										4		17		21
Curtailments Amount										6,154.06		49,776.05		55,930.11
Paid in Full Balance										2,254,820.94		3,076,265.33		5,331,086.27
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										2,260,975.00		3,126,041.38		5,387,016.38
Cumulative
Number of Paid in Full Loans										4		17		21
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										4		17		21
Paid in Full Balance										2,254,820.94		3,076,265.33		5,331,086.27
Repurchased Loans Balance										0.00		0.00		0.00
Curtailments Amount										6,154.06		49,776.05		55,930.11
Total Prepayment Amount										2,260,975.00		3,126,041.38		5,387,016.38
Page 17 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
VOLUNTARY PREPAYMENTS RATES
											Group 2		Group 1		Total
SMM										1.12%		0.56%		0.71%
3 Months Avg SMM										1.12%		0.56%		0.71%
12 Months Avg SMM										1.12%		0.56%		0.71%
Avg SMM Since Cut-off										1.12%		0.56%		0.71%
CPR										12.62%		6.53%		8.19%
3 Months Avg CPR										12.62%		6.53%		8.19%
12 Months Avg CPR										12.62%		6.53%		8.19%
Avg CPR Since Cut-off										12.62%		6.53%		8.19%
PSA										2,876.15%		1,492.95%		1,870.68%
3 Months Avg PSA Approximation										2,876.14%		1,492.96%		1,870.69%
12 Months Avg PSA Approximation										2,876.14%		1,492.96%		1,870.69%
Avg PSA Since Cut-off Approximation										2,876.14%		1,492.96%		1,870.69%
Page 18 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.002*min(30,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)*(1-SMMn+1)*...*(1-SMMm)]^(1/months in period n,m) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m)) Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.
Page 19 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
35221290 2			650,000.00		645,781.48			28-Apr-2005		5.625%		CA - 79.24%		Paid Off - 360		01-Nov-2004
4000147267 1			256,500.00		251,598.49			28-Apr-2005		7.500%		NY - 93.18%		Paid Off - 360		01-Aug-2004
4000230957 1			196,000.00		196,000.00			03-May-2005		7.625%		CA - 100.00%		Paid Off - 360		01-Apr-2005
4000242476 1			67,000.00		57,856.33			04-May-2005		8.500%		MO - 51.66%		Paid Off - 360		01-Apr-2005
4000252227 1			320,000.00		320,000.00			28-Apr-2005		6.125%		CA - 64.00%		Paid Off - 360		01-Apr-2005
4000252887 2			609,350.00		609,350.00			02-May-2005		6.875%		GA - 80.00%		Paid Off - 360		01-Apr-2005
4000253900 1			100,000.00		99,923.90			28-Apr-2005		7.375%		WI - 79.54%		Paid Off - 360		01-Apr-2005
4000254351 1			240,000.00		239,821.89			04-May-2005		7.500%		MD - 53.29%		Paid Off - 360		01-Apr-2005
4000255776 1			448,400.00		448,067.22			02-May-2005		7.500%		MA - 94.93%		Paid Off - 360		01-Apr-2005
4000257202 1			188,640.00		188,640.00			29-Apr-2005		5.875%		CA - 75.16%		Paid Off - 360		01-Mar-2005
4000258129 1			157,000.00		157,000.00			28-Apr-2005		8.250%		MD - 69.78%		Paid Off - 360		01-Apr-2005
4000260870 1			178,800.00		178,800.00			28-Apr-2005		6.375%		FL - 80.00%		Paid Off - 360		01-Apr-2005
4000263499 1			72,000.00		71,947.89			29-Apr-2005		7.625%		TX - 79.94%		Paid Off - 360		01-Apr-2005
4000263537 1			93,000.00		92,909.61			03-May-2005		6.125%		CA - 53.40%		Paid Off - 360		01-Apr-2005
4000266064 1			169,000.00		169,000.00			28-Apr-2005		6.625%		AZ - 60.57%		Paid Off - 360		01-Apr-2005
4000268161 1			185,000.00		185,000.00			28-Apr-2005		7.375%		MD - 100.00%		Paid Off - 360		01-Apr-2005
4000268729 1			126,800.00		126,800.00			28-Apr-2005		7.750%		FL - 89.99%		Paid Off - 360		01-Apr-2005
4000270130 2			440,000.00		439,689.46			28-Apr-2005		7.750%		MA - 73.90%		Paid Off - 360		01-Apr-2005
4000270697 1			185,000.00		185,000.00			28-Apr-2005		8.875%		AZ - 93.43%		Paid Off - 360		01-Apr-2005
4000271340 1			107,900.00		107,900.00			03-May-2005		6.625%		NC - 79.99%		Paid Off - 360		01-Apr-2005
4000276387 2			560,000.00		560,000.00			03-May-2005		6.500%		IN - 80.00%		Paid Off - 360		01-Apr-2005
TOTAL			5,350,390.00		5,331,086.27
Page 20 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Realized Loss Report
COLLATERAL REALIZED LOSSES
											Group 2		Group 1		Total
Current
Number of Loans Liquidated										0		0		0
Collateral Principal Realized Loss/(Gain) Amount										0.00		0.00		0.00
Collateral Interest Realized Loss/(Gain) Amount										0.00		0.00		0.00
Net Liquidation Proceeds										0.00		0.00		0.00
Cumulative
Number of Loans Liquidated										0		0		0
Collateral Realized Loss/(Gain) Amount										0.00		0.00		0.00
Net Liquidation Proceeds										0.00		0.00		0.00
Page 21 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
DEFAULT SPEEDS
											Group 2		Group 1		Total
MDR										0.00%		0.00%		0.00%
3 Months Avg MDR										0.00%		0.00%		0.00%
12 Months Avg MDR										0.00%		0.00%		0.00%
Avg MDR Since Cut-off										0.00%		0.00%		0.00%
CDR										0.00%		0.00%		0.00%
3 Months Avg CDR										0.00%		0.00%		0.00%
12 Months Avg CDR										0.00%		0.00%		0.00%
Avg CDR Since Cut-off										0.00%		0.00%		0.00%
SDA										0.00%		0.00%		0.00%
3 Months Avg SDA Approximation										0.00%		0.00%		0.00%
12 Months Avg SDA Approximation										0.00%		0.00%		0.00%
Avg SDA Since Cut-off Approximation										0.00%		0.00%		0.00%
Loss Severity Approximation for Current Period										0.00%		0.00%		0.00%
3 Months Avg Loss Severity Approximation										0.00%		0.00%		0.00%
12 Months Avg Loss Severity Approximation										0.00%		0.00%		0.00%
Avg Loss Severity Approximation Since Cut-off										0.00%		0.00%		0.00%
Page 22 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
	Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
	Conditional Default Rate (CDR): 1-((1-MDR)^12)
	SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)*0.02,MAX(0.03,MIN(30,WAS)*0.02-0.0095*(WAS-60)))
	Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)*(1-MDRn+1)*...*(1-MDRm)]^(1/months in period n,m)
	Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
	Average SDA Approximation over period between the nth month and mth month:
	AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)*0.02,MAX(0.03,MIN(30,Avg WASn,m)*0.02-0.0095*(Avg WASn,m-60)))
	Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
	Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
	Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)
	Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
	Dates correspond to distribution dates.
Page 23 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative
&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized
Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)
TOTAL
Page 24 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
										Group 2		Group 1		Total
						Has Stepdown Condition occurred (0=No,1=Yes)								0
						Does a Trigger Event Exist-Either a) or b) Yes?								0
						a) Does a Delinquency Trigger Event Exists								0
						b) Does a Loss Trigger Event Exists (0=No,1=Yes)								0
						60+ days Delinqueny Balance								228,234.08
						Ending Collateral Balance								754,013,587.96
						Delinquency Percentage								0.0303%
						Senior Enhancement Percentage								33.7342%
						Cumulative Loss Percentage								0.0000%
ADJUSTABLE RATE CERTIFICATE INFORMATION
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION
SPACE INTENTIONALLY LEFT BLANK
Page 25 of 26
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
May 25, 2005 Distribution
Additional Certificate Report
ADDITIONAL CERTIFICATE REPORT
													NET WAC Shortfall CarryOver		NET WAC Shortfall Paid
CLASS
			I-A-1										$0.00		$0.00
			II-A-1										$0.00		$0.00
			II-A-2										$0.00		$0.00
			II-A-3										$0.00		$0.00
			II-A-4										$0.00		$0.00
			M-1										$0.00		$0.00
			M-2										$0.00		$0.00
			M-3										$0.00		$0.00
			M-4										$0.00		$0.00
			M-5										$0.00		$0.00
			M-6										$0.00		$0.00
			M-7										$0.00		$0.00
			M-8										$0.00		$0.00
			M-9										$0.00		$0.00
			B-1										$0.00		$0.00
			B-2										$0.00		$0.00
Page 26 of 26