| | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | | | | |
June 27, 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: | June 27, 2005 | | | | | | | | | | | |
| | | | | | | | Factor Information: | (800) 735-7777 | | | | | |
| | Record Date: | May 31, 2005 | | | | | |
| | Main Phone Number: | (714) 247-6000 | | | | | |
| | | | | | |
| | | | | June 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 | | | | |
| | | | | | | | | | | | | | | | | | | | |
June 27, 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 | 710,132,611.93 | 2,141,641.60 | 2,491,891.22 | 4,633,532.82 | 0.00 | 0.00 | 707,640,720.71 | | |
| |
II-A-1 | FLT/STEP | $ | 91,800,000.00 | 89,493,627.55 | 260,053.57 | 5,257,334.31 | 5,517,387.88 | 0.00 | 0.00 | 84,236,293.24 | | |
II-A-2 | FLT/STEP | $ | 85,330,000.00 | 85,330,000.00 | 252,647.91 | 0.00 | 252,647.91 | 0.00 | 0.00 | 85,330,000.00 | | |
II-A-3 | FLT/STEP | $ | 92,580,000.00 | 92,580,000.00 | 280,903.15 | 0.00 | 280,903.15 | 0.00 | 0.00 | 92,580,000.00 | | |
II-A-4 | FLT/STEP | $ | 35,513,000.00 | 35,513,000.00 | 110,356.65 | 0.00 | 110,356.65 | 0.00 | 0.00 | 35,513,000.00 | | |
M-1 | FLT/STEP | $ | 66,938,000.00 | 66,938,000.00 | 215,986.61 | 0.00 | 215,986.61 | 0.00 | 0.00 | 66,938,000.00 | | |
M-2 | FLT/STEP | $ | 33,788,000.00 | 33,788,000.00 | 110,571.23 | 0.00 | 110,571.23 | 0.00 | 0.00 | 33,788,000.00 | | |
M-3 | FLT/STEP | $ | 23,588,000.00 | 23,588,000.00 | 79,353.96 | 0.00 | 79,353.96 | 0.00 | 0.00 | 23,588,000.00 | | |
M-4 | FLT/STEP | $ | 22,950,000.00 | 22,950,000.00 | 78,680.25 | 0.00 | 78,680.25 | 0.00 | 0.00 | 22,950,000.00 | | |
M-5 | FLT/STEP | $ | 23,588,000.00 | 23,588,000.00 | 81,516.20 | 0.00 | 81,516.20 | 0.00 | 0.00 | 23,588,000.00 | | |
M-6 | FLT/STEP | $ | 16,575,000.00 | 16,575,000.00 | 65,181.19 | 0.00 | 65,181.19 | 0.00 | 0.00 | 16,575,000.00 | | |
M-7 | FLT/STEP | $ | 15,300,000.00 | 15,300,000.00 | 61,569.75 | 0.00 | 61,569.75 | 0.00 | 0.00 | 15,300,000.00 | | |
M-8 | FLT/STEP | $ | 14,663,000.00 | 14,663,000.00 | 65,054.84 | 0.00 | 65,054.84 | 0.00 | 0.00 | 14,663,000.00 | | |
M-9 | FLT/STEP | $ | 12,113,000.00 | 12,113,000.00 | 67,620.82 | 0.00 | 67,620.82 | 0.00 | 0.00 | 12,113,000.00 | | |
B-1 | FLT/STEP | $ | 9,563,000.00 | 9,563,000.00 | 53,385.45 | 0.00 | 53,385.45 | 0.00 | 0.00 | 9,563,000.00 | | |
B-2 | FLT/STEP | $ | 10,834,000.00 | 10,834,000.00 | 55,515.22 | 0.00 | 55,515.22 | 0.00 | 0.00 | 10,834,000.00 | | |
C | EXE | $ | 6,374,900.00 | 6,375,000.00 | 1,578,677.38 | 0.00 | 1,578,677.38 | 0.00 | 0.00 | 6,375,000.00 | | |
P | EXE | $ | 100.00 | 100.00 | 84,910.32 | 0.00 | 84,910.32 | 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 | 1,269,324,339.48 | 5,643,626.10 | 7,749,225.53 | 13,392,851.63 | 0.00 | 0.00 | 1,261,575,113.95 | | |
| | |
| | | | |
| | | | | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Page 2 of 26 | | | | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FF4 | | | | |
| | | | | | | | | | | | | | | | | | | | |
June 27, 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 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NQX2 | 713,502,000.00 | 995.277675 | 3.001592 | 3.492480 | 6.494071 | 991.785196 |
II-A-1 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NQY0 | 91,800,000.00 | 974.876117 | 2.832828 | 57.269437 | 60.102264 | 917.606680 |
II-A-2 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NQZ7 | 85,330,000.00 | 1,000.000000 | 2.960833 | 0.000000 | 2.960833 | 1,000.000000 |
II-A-3 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NRA1 | 92,580,000.00 | 1,000.000000 | 3.034167 | 0.000000 | 3.034167 | 1,000.000000 |
II-A-4 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NRB9 | 35,513,000.00 | 1,000.000000 | 3.107500 | 0.000000 | 3.107500 | 1,000.000000 |
M-1 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NRC7 | 66,938,000.00 | 1,000.000000 | 3.226667 | 0.000000 | 3.226667 | 1,000.000000 |
M-2 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NRD5 | 33,788,000.00 | 1,000.000000 | 3.272500 | 0.000000 | 3.272500 | 1,000.000000 |
M-3 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NRE3 | 23,588,000.00 | 1,000.000000 | 3.364167 | 0.000000 | 3.364167 | 1,000.000000 |
M-4 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NRF0 | 22,950,000.00 | 1,000.000000 | 3.428333 | 0.000000 | 3.428333 | 1,000.000000 |
M-5 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NRG8 | 23,588,000.00 | 1,000.000000 | 3.455833 | 0.000000 | 3.455833 | 1,000.000000 |
M-6 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NRH6 | 16,575,000.00 | 1,000.000000 | 3.932500 | 0.000000 | 3.932500 | 1,000.000000 |
M-7 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NRJ2 | 15,300,000.00 | 1,000.000000 | 4.024167 | 0.000000 | 4.024167 | 1,000.000000 |
M-8 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NRK9 | 14,663,000.00 | 1,000.000000 | 4.436666 | 0.000000 | 4.436666 | 1,000.000000 |
M-9 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NRL7 | 12,113,000.00 | 1,000.000000 | 5.582500 | 0.000000 | 5.582500 | 1,000.000000 |
B-1 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NRM5 | 9,563,000.00 | 1,000.000000 | 5.582500 | 0.000000 | 5.582500 | 1,000.000000 |
B-2 | 05/25/05 | 06/26/05 | A-Act/360 | 32027NRN3 | 10,834,000.00 | 1,000.000000 | 5.124167 | 0.000000 | 5.124167 | 1,000.000000 |
C | 05/01/05 | 05/30/05 | A-30/360 | | 6,374,900.00 | 1,000.015687 | 247.639552 | 0.000000 | 247.639552 | 1,000.015687 |
P | 05/01/05 | 05/30/05 | A-30/360 | | 100.00 | 1,000.000000 | 849,103.200000 | 0.000000 | 849,103.200000 | 1,000.000000 |
R | 05/01/05 | 05/30/05 | 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 | | | | |
| | | | | | | | | | | | | | | | | | | | |
June 27, 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 | 3,886,153.99 | 5,597,459.49 | 263,819.80 | 5,861,279.29 | 9,747,433.28 | 0.00 | 0.00 | 707,640,720.71 | | |
II-A-1 | 91,800,000.00 | 476,242.57 | 7,251,333.16 | 312,373.60 | 7,563,706.76 | 8,039,949.33 | 0.00 | 0.00 | 84,236,293.24 | | |
II-A-2 | 85,330,000.00 | 457,439.91 | 0.00 | 0.00 | 0.00 | 457,439.91 | 0.00 | 0.00 | 85,330,000.00 | | |
II-A-3 | 92,580,000.00 | 508,649.95 | 0.00 | 0.00 | 0.00 | 508,649.95 | 0.00 | 0.00 | 92,580,000.00 | | |
II-A-4 | 35,513,000.00 | 199,849.41 | 0.00 | 0.00 | 0.00 | 199,849.41 | 0.00 | 0.00 | 35,513,000.00 | | |
M-1 | 66,938,000.00 | 391,196.83 | 0.00 | 0.00 | 0.00 | 391,196.83 | 0.00 | 0.00 | 66,938,000.00 | | |
M-2 | 33,788,000.00 | 200,278.37 | 0.00 | 0.00 | 0.00 | 200,278.37 | 0.00 | 0.00 | 33,788,000.00 | | |
M-3 | 23,588,000.00 | 143,749.20 | 0.00 | 0.00 | 0.00 | 143,749.20 | 0.00 | 0.00 | 23,588,000.00 | | |
M-4 | 22,950,000.00 | 142,538.63 | 0.00 | 0.00 | 0.00 | 142,538.63 | 0.00 | 0.00 | 22,950,000.00 | | |
M-5 | 23,588,000.00 | 147,680.54 | 0.00 | 0.00 | 0.00 | 147,680.54 | 0.00 | 0.00 | 23,588,000.00 | | |
M-6 | 16,575,000.00 | 118,138.32 | 0.00 | 0.00 | 0.00 | 118,138.32 | 0.00 | 0.00 | 16,575,000.00 | | |
M-7 | 15,300,000.00 | 111,600.75 | 0.00 | 0.00 | 0.00 | 111,600.75 | 0.00 | 0.00 | 15,300,000.00 | | |
M-8 | 14,663,000.00 | 117,951.61 | 0.00 | 0.00 | 0.00 | 117,951.61 | 0.00 | 0.00 | 14,663,000.00 | | |
M-9 | 12,113,000.00 | 122,674.41 | 0.00 | 0.00 | 0.00 | 122,674.41 | 0.00 | 0.00 | 12,113,000.00 | | |
B-1 | 9,563,000.00 | 96,849.29 | 0.00 | 0.00 | 0.00 | 96,849.29 | 0.00 | 0.00 | 9,563,000.00 | | |
B-2 | 10,834,000.00 | 100,693.00 | 0.00 | 0.00 | 0.00 | 100,693.00 | 0.00 | 0.00 | 10,834,000.00 | | |
C | 6,374,900.00 | 2,320,743.55 | 0.00 | 0.00 | 0.00 | 2,320,743.55 | 0.00 | 100.00 | 6,375,000.00 | | |
P | 100.00 | 127,611.13 | 0.00 | 0.00 | 0.00 | 127,611.13 | 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 | 9,670,041.46 | 12,848,792.65 | 576,193.40 | 13,424,986.05 | 23,095,027.51 | 0.00 | 100.00 | 1,261,575,113.95 | | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Page 4 of 26 | | | | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FF4 | | | | |
| | | | | | | | | | | | | | | | | | | | |
June 27, 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 | 3.29000% | 710,132,611.93 | 2,141,641.60 | 0.00 | 0.00 | 0.00 | 2,141,641.60 | 2,141,641.60 | 0.00 | | |
II-A-1 | 3.17000% | 89,493,627.55 | 260,053.57 | 0.00 | 0.00 | 0.00 | 260,053.57 | 260,053.57 | 0.00 | | |
II-A-2 | 3.23000% | 85,330,000.00 | 252,647.91 | 0.00 | 0.00 | 0.00 | 252,647.91 | 252,647.91 | 0.00 | | |
II-A-3 | 3.31000% | 92,580,000.00 | 280,903.15 | 0.00 | 0.00 | 0.00 | 280,903.15 | 280,903.15 | 0.00 | | |
II-A-4 | 3.39000% | 35,513,000.00 | 110,356.65 | 0.00 | 0.00 | 0.00 | 110,356.65 | 110,356.65 | 0.00 | | |
M-1 | 3.52000% | 66,938,000.00 | 215,986.61 | 0.00 | 0.00 | 0.00 | 215,986.61 | 215,986.61 | 0.00 | | |
M-2 | 3.57000% | 33,788,000.00 | 110,571.23 | 0.00 | 0.00 | 0.00 | 110,571.23 | 110,571.23 | 0.00 | | |
M-3 | 3.67000% | 23,588,000.00 | 79,353.96 | 0.00 | 0.00 | 0.00 | 79,353.96 | 79,353.96 | 0.00 | | |
M-4 | 3.74000% | 22,950,000.00 | 78,680.25 | 0.00 | 0.00 | 0.00 | 78,680.25 | 78,680.25 | 0.00 | | |
M-5 | 3.77000% | 23,588,000.00 | 81,516.20 | 0.00 | 0.00 | 0.00 | 81,516.20 | 81,516.20 | 0.00 | | |
M-6 | 4.29000% | 16,575,000.00 | 65,181.19 | 0.00 | 0.00 | 0.00 | 65,181.19 | 65,181.19 | 0.00 | | |
M-7 | 4.39000% | 15,300,000.00 | 61,569.75 | 0.00 | 0.00 | 0.00 | 61,569.75 | 61,569.75 | 0.00 | | |
M-8 | 4.84000% | 14,663,000.00 | 65,054.84 | 0.00 | 0.00 | 0.00 | 65,054.84 | 65,054.84 | 0.00 | | |
M-9 | 5.71962% | 12,113,000.00 | 63,508.23 | 0.00 | 0.00 | 0.00 | 63,508.23 | 67,620.82 | 0.00 | | |
B-1 | 5.71962% | 9,563,000.00 | 50,138.63 | 0.00 | 0.00 | 0.00 | 50,138.63 | 53,385.45 | 0.00 | | |
B-2 | 5.59000% | 10,834,000.00 | 55,515.22 | 0.00 | 0.00 | 0.00 | 55,515.22 | 55,515.22 | 0.00 | | |
C | 297.16280% | 6,375,000.00 | 1,578,677.38 | 0.00 | 0.00 | 0.00 | 1,578,677.38 | 1,578,677.38 | 0.00 | | |
P | 0.00000% | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 84,910.32 | 0.00 | | |
R | 0.00000% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
| | | | | | | | | | | | | | | | | |
| | |
Total | | 1,269,324,339.48 | 5,551,356.37 | 0.00 | 0.00 | 0.00 | 5,551,356.37 | 5,643,626.10 | 0.00 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 5 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
June 27, 2005 Distribution | |
Collection Account Report | |
SUMMARY | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Principal Collections | | | | | 5,257,334.31 | 2,491,891.22 | 7,749,225.53 | | |
Principal Withrawals | | | | | 0.00 | 0.00 | 0.00 | | |
Principal Other Accounts | | | | | 0.00 | 0.00 | 0.00 | | |
TOTAL NET PRINCIPAL | | | | | 5,257,334.31 | 2,491,891.22 | 7,749,225.53 | | |
Interest Collections | | | | | 1,073,947.83 | 3,137,829.95 | 4,211,777.77 | | |
Interest Withdrawals | | | | | -0.00 | -0.00 | -0.00 | | |
Interest Other Accounts | | | | | 559,943.33 | 1,045,493.31 | 1,690,346.96 | | |
Interest Fees | | | | | -67,707.92 | -190,790.71 | -258,498.63 | | |
TOTAL NET INTEREST | | | | | 1,566,183.23 | 3,992,532.55 | 5,643,626.10 | | |
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION | | | | | 6,823,517.54 | 6,484,423.77 | 13,392,851.63 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
PRINCIPAL - COLLECTIONS | | |
| |
| | | | | | | | | | | Group 2 | Group 1 | Total | |
Scheduled Principal Received | | | | | 44,153.25 | 243,390.93 | 287,544.18 | |
Curtailments | | | | | 5,699.94 | 134,276.46 | 139,976.40 | |
Prepayments In Full | | | | | 5,207,481.12 | 2,114,223.83 | ####### | | |
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 | | | | | -8,705.07 | -39,784.18 | -48,489.25 | |
Realized Losses | | | | | -0.00 | -0.00 | -0.00 | |
Advanced Principal | | | | | 8,705.07 | 39,784.18 | 48,489.25 | |
TOTAL PRINCIPAL COLLECTED | | | | | 5,257,334.31 | 2,491,891.22 | 7,749,225.53 | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
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 | |
| | | | | | | | | | | | | | | | | |
June 27, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
INTEREST - COLLECTIONS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Scheduled Interest | | | | | 1,089,560.92 | 3,177,890.54 | 4,267,451.46 | | |
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 | | | | | -4,384.74 | -886.05 | -5,270.79 | | |
Delinquent Interest | | | | | -209,449.69 | -568,583.15 | -778,032.84 | | |
Compensating Interest | | | | | 4,384.74 | 886.05 | 5,270.78 | | |
Civil Relief Act Shortfalls | | | | | -0.00 | -0.00 | -0.00 | | |
Interest Advanced | | | | | 193,836.59 | 528,522.55 | 722,359.14 | | |
TOTAL INTEREST COLLECTED | | | | | 1,073,947.83 | 3,137,829.95 | 4,211,777.77 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
INTEREST - WITHDRAWALS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
TOTAL INTEREST WITHDRAWALS | | | | | 0.00 | 0.00 | 0.00 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
INTEREST - OTHER ACCOUNTS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Interest from Interest Coverage Account | | | | | 559,943.33 | 1,045,493.31 | 1,605,436.64 | | |
Prepayment Charges | | | | | | | | | 84,910.32 | | |
TOTAL INTEREST OTHER ACCOUNTS | | | | | 559,943.33 | 1,045,493.31 | 1,690,346.96 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
INTEREST - FEES | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Current Servicing Fees | | | | | 67,707.92 | 190,790.71 | 258,498.63 | | |
Trustee Fees | | | | | 0.00 | 0.00 | 0.00 | | |
TOTAL INTEREST FEES | | | | | 67,707.92 | 190,790.71 | 258,498.63 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 7 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
June 27, 2005 Distribution | |
Credit Enhancement Report | |
| | | | | | | | | | | | | | | | | |
ACCOUNTS | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
RESERVE | | | | | | |
| | | | | | | | | | | | | | | | | |
Amount Deposited in the Account | 7,359.41 | | |
Amount Withdrawn | 7,359.41 | | |
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 | | | | | | | | | 0.00 | | |
Overcollateralization Release Amount | | | | | | | | | 0.00 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 8 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
June 27, 2005 Distribution | |
Collateral Report | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
COLLATERAL | | |
| |
| |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Group 2 | Group 1 | Total | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Loan Count: | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Original | | | | | 422 | 3,553 | 3,975 | | |
Prior | | | | | 418 | 3,536 | 3,954 | | |
Prefunding | | | | | 0 | 0 | 0 | | |
Scheduled Paid Offs | | | | | -0 | -0 | -0 | | |
Full Voluntary Prepayments | | | | | -10 | -12 | -22 | | |
Repurchases | | | | | -0 | -0 | -0 | | |
Liquidations | | | | | -0 | -0 | -0 | | |
Current | | | | | 408 | 3,524 | 3,932 | | |
Principal Balance: | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Original | | | | | 202,276,785.92 | 557,412,462.56 | 759,689,248.48 | | |
Prior | | | | | 199,970,454.11 | 554,043,133.85 | 754,013,587.96 | | |
Prefunding | | | | | 0.00 | 0.00 | 0.00 | | |
Scheduled Principal | | | | | -44,153.25 | -243,390.93 | -287,544.18 | | |
Partial Prepayments | | | | | -5,699.94 | -134,276.46 | -139,976.40 | | |
Full Voluntary Prepayments | | | | | -5,207,481.12 | -2,114,223.83 | -7,321,704.95 | | |
Repurchases | | | | | -0.00 | -0.00 | -0.00 | | |
Liquidations | | | | | -0.00 | -0.00 | -0.00 | | |
Current | | | | | 194,713,119.80 | 551,551,242.63 | 746,264,362.43 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
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 | |
| | | | | | | | | | | | | | | | | |
June 27, 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 | | | | | 6.53833% | 6.88298% | 6.79158% | | |
Weighted Average Months to Maturity Original | | | | | 358 | 356 | 357 | | |
Weighted Average Months to Maturity Prior | | | | | 358 | 356 | 357 | | |
Weighted Average Months to Maturity Current | | | | | 357 | 355 | 355 | | |
Weighted Avg Remaining Amortization Term Original | | | | | 358 | 356 | 357 | | |
Weighted Avg Remaining Amortization Term Prior | | | | | 358 | 356 | 357 | | |
Weighted Avg Remaining Amortization Term Current | | | | | 357 | 355 | 355 | | |
Weighted Average Seasoning Original | | | | | 2.19 | 2.19 | 2.19 | | |
Weighted Average Seasoning Prior | | | | | 2.19 | 2.19 | 2.19 | | |
Weighted Average Seasoning Current | | | | | 3.18 | 3.19 | 3.19 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 10 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
June 27, 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 | | | | | 5.55735% | 5.77931% | 5.71761% | | |
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 | | | | | 12.52675% | 12.82362% | 12.74109% | | |
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 | | | | | 6.52675% | 6.82362% | 6.74109% | | |
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 | | | | | 67,707.92 | 190,790.71 | 258,498.63 | | |
Delinquent Servicing Fees | | | | | 15,613.10 | 40,060.60 | 55,673.70 | | |
TOTAL SERVICING FEES | | | | | 83,321.02 | 230,851.31 | 314,172.33 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Total Servicing Fees | | | | | 83,321.02 | 230,851.31 | 314,172.33 | | |
Compensating Interest | | | | | -4,384.74 | -886.05 | -5,270.78 | | |
Delinquent Servicing Fees | | | | | -15,613.10 | -40,060.60 | -55,673.70 | | |
COLLECTED SERVICING FEES | | | | | 63,323.18 | 189,904.67 | 253,227.85 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Total Advaced Interest | | | | | 193,836.59 | 528,522.55 | 722,359.14 | | |
Total Advaced Principal | | | | | 8,705.07 | 39,784.18 | 48,489.25 | | |
Aggregate Advances with respect to this Distribution | | | | | 202,541.66 | 568,306.72 | 770,848.38 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
ADDITIONAL COLLATERAL INFORMATION | | |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Prepayment Interest Shortfall (PPIS) | | | | | 4,384.74 | 886.05 | 5,270.79 | | |
Compensating Interest | | | | | -4,384.74 | -886.05 | -5,270.78 | | |
Net Prepayment Interest Shortfall (PPIS) | | | | | 0.00 | 0.00 | 0.00 | | |
| | | | | | | | | | | | | | | | | |
Weighted Average Net Mortgage Rate | | | | | 9.398488% | 8.647412% | 8.981736% | | |
| | | | | | | | | | | | | | | | | |
Libor For Current Period | | | | | | | | | 3.0900% | | |
| | | | | | | | | | | | | | | | | |
Libor For Next Period | | | | | | | | | 3.3144% | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 11 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
June 27, 2005 Distribution | |
Delinquency Report | |
| | | | | | | | | | | | | | | | | |
| TOTAL | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 1,499,722.96 | 0.00 | 0.00 | 1,499,722.96 | | | |
| % Balance | | | 0.20% | 0.00% | 0.00% | 0.20% | | | |
| # Loans | | | 3 | 0 | 0 | 3 | | | |
| % # Loans | | | 0.08% | 0.00% | 0.00% | 0.08% | | | |
| FORECLOSURE | Balance | 279,356.89 | 0.00 | 0.00 | 0.00 | 279,356.89 | | | |
| % 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 | 348,867.81 | 0.00 | 0.00 | 0.00 | 348,867.81 | | | |
| % Balance | 0.05% | 0.00% | 0.00% | 0.00% | 0.05% | | | |
| # Loans | 3 | 0 | 0 | 0 | 3 | | | |
| % # Loans | 0.08% | 0.00% | 0.00% | 0.00% | 0.08% | | | |
| 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 | 628,224.70 | 1,499,722.96 | 0.00 | 0.00 | 2,127,947.66 | | | |
| % Balance | 0.08% | 0.20% | 0.00% | 0.00% | 0.29% | | | |
| # Loans | 4 | 3 | 0 | 0 | 7 | | | |
| % # Loans | 0.10% | 0.08% | 0.00% | 0.00% | 0.18% | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 12 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
June 27, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| GROUP 1 | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 154,722.96 | 0.00 | 0.00 | 154,722.96 | | | |
| % Balance | | | 0.03% | 0.00% | 0.00% | 0.03% | | | |
| # Loans | | | 1 | 0 | 0 | 1 | | | |
| % # Loans | | | 0.03% | 0.00% | 0.00% | 0.03% | | | |
| FORECLOSURE | Balance | 279,356.89 | 0.00 | 0.00 | 0.00 | 279,356.89 | | | |
| % Balance | 0.05% | 0.00% | 0.00% | 0.00% | 0.05% | | | |
| # Loans | 1 | 0 | 0 | 0 | 1 | | | |
| % # Loans | 0.03% | 0.00% | 0.00% | 0.00% | 0.03% | | | |
| BANKRUPTCY | Balance | 348,867.81 | 0.00 | 0.00 | 0.00 | 348,867.81 | | | |
| % Balance | 0.06% | 0.00% | 0.00% | 0.00% | 0.06% | | | |
| # Loans | 3 | 0 | 0 | 0 | 3 | | | |
| % # Loans | 0.09% | 0.00% | 0.00% | 0.00% | 0.09% | | | |
| 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 | 628,224.70 | 154,722.96 | 0.00 | 0.00 | 782,947.66 | | | |
| % Balance | 0.11% | 0.03% | 0.00% | 0.00% | 0.14% | | | |
| # Loans | 4 | 1 | 0 | 0 | 5 | | | |
| % # Loans | 0.11% | 0.03% | 0.00% | 0.00% | 0.14% | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 13 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
June 27, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
| GROUP 2 | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 1,345,000.00 | 0.00 | 0.00 | 1,345,000.00 | | | |
| % Balance | | | 0.69% | 0.00% | 0.00% | 0.69% | | | |
| # Loans | | | 2 | 0 | 0 | 2 | | | |
| % # Loans | | | 0.49% | 0.00% | 0.00% | 0.49% | | | |
| 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 | 1,345,000.00 | 0.00 | 0.00 | 1,345,000.00 | | | |
| % Balance | 0.00% | 0.69% | 0.00% | 0.00% | 0.69% | | | |
| # Loans | 0 | 2 | 0 | 0 | 2 | | | |
| % # Loans | 0.00% | 0.49% | 0.00% | 0.00% | 0.49% | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 14 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
June 27, 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 | |
| | | | | | | | | | | | | | | | | |
June 27, 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 | |
4000250689 1 | |
280,000.00 | 279,356.89 | 01-Apr-2005 | 7.375% | MI - 99.92% | 360 | | 01-Apr-2005 | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
TOTAL | 280,000.00 | 279,356.89 | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 16 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
June 27, 2005 Distribution | |
Prepayment Report | |
| | | | | | | | | | | | | | | | | |
VOLUNTARY PREPAYMENTS | | |
| |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Group 2 | Group 1 | Total | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Current | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Number of Paid in Full Loans | | | | | 10 | 12 | 22 | | |
Number of Repurchased Loans | | | | | 0 | 0 | 0 | | |
Total Number of Loans Prepaid in Full | | | | | 10 | 12 | 22 | | |
Curtailments Amount | | | | | 5,699.94 | 134,276.46 | 139,976.40 | | |
Paid in Full Balance | | | | | 5,207,481.12 | 2,114,223.83 | 7,321,704.95 | | |
Repurchased Loans Balance | | | | | 0.00 | 0.00 | 0.00 | | |
Total Prepayment Amount | | | | | 5,213,181.06 | 2,248,500.29 | 7,461,681.35 | | |
| | | | | | | | | | | | | | | | | |
Cumulative | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Number of Paid in Full Loans | | | | | 14 | 29 | 43 | | |
Number of Repurchased Loans | | | | | 0 | 0 | 0 | | |
Total Number of Loans Prepaid in Full | | | | | 14 | 29 | 43 | | |
Paid in Full Balance | | | | | 7,462,302.06 | 5,190,489.16 | 12,652,791.22 | | |
Repurchased Loans Balance | | | | | 0.00 | 0.00 | 0.00 | | |
Curtailments Amount | | | | | 11,854.00 | 184,052.51 | 195,906.51 | | |
Total Prepayment Amount | | | | | 7,474,156.06 | 5,374,541.67 | 12,848,697.73 | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 17 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
June 27, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
VOLUNTARY PREPAYMENTS RATES | | |
| |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Group 2 | Group 1 | Total | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
SMM | | | | | 2.61% | 0.41% | 0.99% | | |
3 Months Avg SMM | | | | | 1.87% | 0.48% | 0.85% | | |
12 Months Avg SMM | | | | | 1.87% | 0.48% | 0.85% | | |
Avg SMM Since Cut-off | | | | | 1.87% | 0.48% | 0.85% | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
CPR | | | | | 27.17% | 4.76% | 11.25% | | |
3 Months Avg CPR | | | | | | | | | | 20.23% | 5.65% | 9.73% | | |
12 Months Avg CPR | | | | | 20.23% | 5.65% | 9.73% | | |
Avg CPR Since Cut-off | | | | | 20.23% | 5.65% | 9.73% | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
PSA | | | | | 4,265.98% | 747.98% | 1,766.67% | | |
3 Months Avg PSA Approximation | | | | | 3,760.58% | 1,051.98% | 1,811.45% | | |
12 Months Avg PSA Approximation | | | | | 3,760.58% | 1,051.98% | 1,811.45% | | |
Avg PSA Since Cut-off Approximation | | | | | 3,760.58% | 1,051.98% | 1,811.45% | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 18 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
June 27, 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 | |
| | | | | | | | | | | | | | | | | |
June 27, 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 |
| | |
34835678 1 | | 200,000.00 | 199,637.40 | | 08-Jun-2005 | 6.500% | ME - 79.93% | Paid Off - 360 | 01-Apr-2005 |
|
| | |
35397777 1 | | 158,100.00 | 157,785.19 | | 09-Jun-2005 | 9.500% | NM - 84.87% | Paid Off - 360 | 01-Feb-2005 |
| | |
35725829 2 | | 650,000.00 | 650,000.00 | | 03-Jun-2005 | 6.625% | CA - 73.03% | Paid Off - 360 | 01-Jan-2005 |
| | |
4000232832 1 | | 296,400.00 | 295,533.69 | | 06-Jun-2005 | 7.625% | GA - 94.79% | Paid Off - 360 | 01-Feb-2005 |
| | |
4000235798 2 | | 576,350.00 | 576,350.00 | | 09-Jun-2005 | 6.250% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000238130 1 | | 99,000.00 | 98,844.83 | | 25-May-2005 | 9.250% | GA - 99.90% | Paid Off - 360 | 01-Mar-2005 |
| | |
4000243273 2 | | 910,000.00 | 910,000.00 | | 16-May-2005 | 6.750% | CA - 65.00% | Paid Off - 360 | 01-Mar-2005 |
| | |
4000244349 2 | | 561,400.00 | 561,400.00 | | 25-May-2005 | 5.750% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000251093 1 | | 229,500.00 | 229,113.28 | | 24-May-2005 | 6.875% | CA - 84.93% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000251730 2 | | 448,750.00 | 448,750.00 | | 16-May-2005 | 6.250% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000256962 2 | | 400,000.00 | 399,274.84 | | 02-Jun-2005 | 6.500% | CA - 84.13% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000258360 1 | | 175,500.00 | 175,065.81 | | 15-Jun-2005 | 6.999% | IN - 89.85% | Paid Off - 360 | 01-Mar-2005 |
| | |
4000259036 1 | | 39,900.00 | 39,840.59 | | 03-Jun-2005 | 7.500% | TN - 99.93% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000260290 1 | | 201,000.00 | 200,708.11 | | 14-Jun-2005 | 7.625% | MO - 86.58% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000260532 1 | | 174,250.00 | 174,250.00 | | 19-May-2005 | 6.750% | MN - 85.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000262877 1 | | 230,000.00 | 229,572.82 | | 02-Jun-2005 | 6.375% | CA - 79.93% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000263178 2 | | 390,000.00 | 389,183.69 | | 10-Jun-2005 | 5.750% | CA - 69.57% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000264065 2 | | 414,000.00 | 413,456.53 | | 30-May-2005 | 8.125% | MI - 89.94% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000266799 1 | | 94,350.00 | 94,216.39 | | 26-May-2005 | 7.750% | TX - 84.94% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000272324 2 | | 460,000.00 | 459,166.06 | | 10-Jun-2005 | 6.500% | CA - 54.07% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000273878 1 | | 220,000.00 | 219,655.72 | | 07-Jun-2005 | 7.250% | IL - 84.55% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000275398 2 | | 399,900.00 | 399,900.00 | | 27-May-2005 | 8.625% | FL - 98.26% | Paid Off - 360 | 01-Apr-2005 |
| | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
TOTAL | | 7,328,400.00 | 7,321,704.95 | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 20 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
June 27, 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 | |
| | | | | | | | | | | | | | | | | |
June 27, 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 | |
| | | | | | | | | | | | | | | | | |
June 27, 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 | |
| | | | | | | | | | | | | | | | | |
June 27, 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 | |
| | | | | | | | | | | | | | | | | |
June 27, 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 | | | | | | | 279,356.89 | | |
| | | | | | Ending Collateral Balance | | | | | | | 746,264,362.43 | | |
| | | | | | Delinquency Percentage | | | | | | | 0.0374% | | |
| | | | | | | | | | | | | | | | | |
| | | | | | Senior Enhancement Percentage | | | | | | | 33.9881% | | |
| | | | | | | | | | | | | | | | | |
| | | | | | 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 | |
| | | | | | | | | | | | | | | | | |
June 27, 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 | | ####### | | |
| | | | | | | | | | | | | | | |
| | | B-1 | | | | | | | | | | $0.00 | | ####### | | |
| | | | | | | | | | | | | | | |
| | | B-2 | | | | | | | | | | $0.00 | | $0.00 | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 26 of 26 | | | | | | | | | | | | | | |