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First Franklin Mortgage Loan Trust 2005-FF4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | | | | | |
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| | | External Parties | Table of Contents | | | | | |
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| | Seller | | | | | | | | | | | |
| | | | | 1. Certificate Payment Report | 2 | | | | | |
| | Greenwich Capital Markets | | | | | | |
| | | 2. Collection Account Report | 6 | | | | | |
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| | | | | | | | 3. Credit Enhancement Report | 8 | | | | | |
| | | | | | | | 4. Collateral Report | 9 | | | | | |
| | Certificate Insurer(s) | | | 5. Delinquency Report | 12 | | | | | |
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| | | | | | | | 6. REO Report | 15 | | | | | |
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| | | | | | | | 7. Foreclosure Report | 16 | | | | | |
| | | | | | | | 8. Prepayment Report | 17 | | | | | |
| | | | | | | | 9. Prepayment Detail Report | 20 | | | | | |
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| | | | | | | | 10. Realized Loss Report | 24 | | | | | |
| | | | | | | | 11. Realized Loss Detail Report | 27 | | | | | |
| | Servicer(s) | | | | | | | |
| | | | 12. Triggers and Adj. Cert. Report | 28 | | | | | |
| | National City Home Loan | | | | | |
| | 13. Additional Certificate Report | 29 | | | | | |
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| | Underwriter(s) | | | | | | | | | | | | | | |
| | Greenwich Capital Markets | | | | | | | | | | | |
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| | | | | | | | Total Number of Pages | | 29 | | | | | |
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| | Dates | Contacts | | | | | |
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| | 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 | | | | |
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| | | | | | | | Address: | | | | | | |
| | | | | | | | 1761 East St. Andrew Place, Santa Ana, CA 92705 | | | | |
| | Distribution Date: | November 25, 2005 | | | | | | | | | | | |
| | | | | | | | Factor Information: | (800) 735-7777 | | | | | |
| | Record Date: | October 31, 2005 | | | | | |
| | Main Phone Number: | (714) 247-6000 | | | | | |
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| | | | | November 23, 2005 | | | | | |
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| | | | | | | | https://www.tss.db.com/invr | | | | | |
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Page 1 of 29 | | | | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FF4 | | | | |
| | | | | | | | | | | | | | | | | | | | |
November 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 | | |
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| | | | (1) | (2) | (3) | (4)=(2)+(3) | (5) | (6) | (7)=(1)-(3)-(5)+(6) | | |
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I-A-1 | FLT/STEP | $ | 713,502,000.00 | 665,378,812.91 | 2,427,939.56 | 18,678,862.10 | 21,106,801.66 | 0.00 | 0.00 | 646,699,950.81 | | |
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II-A-1 | FLT/STEP | $ | 91,800,000.00 | 62,543,987.50 | 221,757.53 | 9,598,783.86 | 9,820,541.39 | 0.00 | 0.00 | 52,945,203.64 | | |
II-A-2 | FLT/STEP | $ | 85,330,000.00 | 85,330,000.00 | 306,956.90 | 0.00 | 306,956.90 | 0.00 | 0.00 | 85,330,000.00 | | |
II-A-3 | FLT/STEP | $ | 92,580,000.00 | 92,580,000.00 | 339,415.00 | 0.00 | 339,415.00 | 0.00 | 0.00 | 92,580,000.00 | | |
II-A-4 | FLT/STEP | $ | 35,513,000.00 | 35,513,000.00 | 132,643.52 | 0.00 | 132,643.52 | 0.00 | 0.00 | 35,513,000.00 | | |
M-1 | FLT/STEP | $ | 66,938,000.00 | 66,938,000.00 | 257,511.42 | 0.00 | 257,511.42 | 0.00 | 0.00 | 66,938,000.00 | | |
M-2 | FLT/STEP | $ | 33,788,000.00 | 33,788,000.00 | 131,437.67 | 0.00 | 131,437.67 | 0.00 | 0.00 | 33,788,000.00 | | |
M-3 | FLT/STEP | $ | 23,588,000.00 | 23,588,000.00 | 93,790.15 | 0.00 | 93,790.15 | 0.00 | 0.00 | 23,588,000.00 | | |
M-4 | FLT/STEP | $ | 22,950,000.00 | 22,950,000.00 | 92,636.72 | 0.00 | 92,636.72 | 0.00 | 0.00 | 22,950,000.00 | | |
M-5 | FLT/STEP | $ | 23,588,000.00 | 23,588,000.00 | 95,821.34 | 0.00 | 95,821.34 | 0.00 | 0.00 | 23,588,000.00 | | |
M-6 | FLT/STEP | $ | 16,575,000.00 | 16,575,000.00 | 74,754.40 | 0.00 | 74,754.40 | 0.00 | 0.00 | 16,575,000.00 | | |
M-7 | FLT/STEP | $ | 15,300,000.00 | 15,300,000.00 | 70,321.56 | 0.00 | 70,321.56 | 0.00 | 0.00 | 15,300,000.00 | | |
M-8 | FLT/STEP | $ | 14,663,000.00 | 14,663,000.00 | 73,075.71 | 0.00 | 73,075.71 | 0.00 | 0.00 | 14,663,000.00 | | |
M-9 | FLT/STEP | $ | 12,113,000.00 | 12,113,000.00 | 73,405.62 | 0.00 | 73,405.62 | 0.00 | 0.00 | 12,113,000.00 | | |
B-1 | FLT/STEP | $ | 9,563,000.00 | 9,563,000.00 | 57,952.44 | 0.00 | 57,952.44 | 0.00 | 0.00 | 9,563,000.00 | | |
B-2 | FLT/STEP | $ | 10,834,000.00 | 10,834,000.00 | 60,990.16 | 0.00 | 60,990.16 | 0.00 | 0.00 | 10,834,000.00 | | |
C | EXE | $ | 6,374,900.00 | 6,375,000.00 | 1,765,891.99 | 0.00 | 1,765,891.99 | 0.00 | 0.00 | 6,375,000.00 | | |
P | EXE | $ | 100.00 | 100.00 | 441,882.77 | 0.00 | 441,882.77 | 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 | | |
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Total | | | 1,275,000,000.00 | 1,197,620,900.41 | 6,718,184.46 | 28,277,645.96 | 34,995,830.42 | 0.00 | 0.00 | 1,169,343,254.45 | | |
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Page 2 of 29 | | | | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FF4 | | | | |
| | | | | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | | | | |
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Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face- | | | | | |
| | | | | Orig. Principal | Prior | | | | Current |
|
| Period | Period | | | (with Notional) | Principal | | | Total | Principal |
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Class | Starting | Ending | Method | Cusip | Balance | Balance | Interest | Principal | Distribution | Balance |
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| | | | | (1) | (1) | (2) | (3) | (4)=(2)+(3) | (5) |
I-A-1 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NQX2 | 713,502,000.00 | 932.553536 | 3.402849 | 26.179131 | 29.581980 | 906.374405 |
II-A-1 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NQY0 | 91,800,000.00 | 681.307053 | 2.415659 | 104.561916 | 106.977575 | 576.745138 |
II-A-2 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NQZ7 | 85,330,000.00 | 1,000.000000 | 3.597292 | 0.000000 | 3.597292 | 1,000.000000 |
II-A-3 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NRA1 | 92,580,000.00 | 1,000.000000 | 3.666181 | 0.000000 | 3.666181 | 1,000.000000 |
II-A-4 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NRB9 | 35,513,000.00 | 1,000.000000 | 3.735069 | 0.000000 | 3.735069 | 1,000.000000 |
M-1 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NRC7 | 66,938,000.00 | 1,000.000000 | 3.847014 | 0.000000 | 3.847014 | 1,000.000000 |
M-2 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NRD5 | 33,788,000.00 | 1,000.000000 | 3.890070 | 0.000000 | 3.890070 | 1,000.000000 |
M-3 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NRE3 | 23,588,000.00 | 1,000.000000 | 3.976181 | 0.000000 | 3.976181 | 1,000.000000 |
M-4 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NRF0 | 22,950,000.00 | 1,000.000000 | 4.036458 | 0.000000 | 4.036458 | 1,000.000000 |
M-5 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NRG8 | 23,588,000.00 | 1,000.000000 | 4.062292 | 0.000000 | 4.062292 | 1,000.000000 |
M-6 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NRH6 | 16,575,000.00 | 1,000.000000 | 4.510069 | 0.000000 | 4.510069 | 1,000.000000 |
M-7 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NRJ2 | 15,300,000.00 | 1,000.000000 | 4.596180 | 0.000000 | 4.596180 | 1,000.000000 |
M-8 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NRK9 | 14,663,000.00 | 1,000.000000 | 4.983681 | 0.000000 | 4.983681 | 1,000.000000 |
M-9 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NRL7 | 12,113,000.00 | 1,000.000000 | 6.060069 | 0.000000 | 6.060069 | 1,000.000000 |
B-1 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NRM5 | 9,563,000.00 | 1,000.000000 | 6.060069 | 0.000000 | 6.060069 | 1,000.000000 |
B-2 | 10/25/05 | 11/24/05 | A-Act/360 | 32027NRN3 | 10,834,000.00 | 1,000.000000 | 5.629514 | 0.000000 | 5.629514 | 1,000.000000 |
C | 10/01/05 | 10/30/05 | A-30/360 | | 6,374,900.00 | 1,000.015687 | 277.007010 | 0.000000 | 277.007010 | 1,000.015687 |
P | 10/01/05 | 10/30/05 | A-30/360 | | 100.00 | 1,000.000000 | 4,418,827.700000 | 0.000000 | 4,418,827.700000 | 1,000.000000 |
R | 10/01/05 | 10/30/05 | A-30/360 | | 0.00 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
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Page 3 of 29 | | | | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FF4 | | | | |
| | | | | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | | | | |
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Distribution to Date - | | | | | |
| | | | | | | | | Current | | |
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| Original | | Unscheduled | Scheduled | Total | Total | Realized | Deferred | Principal | | |
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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 | 15,029,144.86 | 65,222,647.88 | 1,579,401.31 | 66,802,049.19 | 81,831,194.05 | 0.00 | 0.00 | 646,699,950.81 | | |
II-A-1 | 91,800,000.00 | 1,614,395.00 | 37,854,620.14 | 1,000,176.22 | 38,854,796.36 | 40,469,191.36 | 0.00 | 0.00 | 52,945,203.64 | | |
II-A-2 | 85,330,000.00 | 1,817,873.02 | 0.00 | 0.00 | 0.00 | 1,817,873.02 | 0.00 | 0.00 | 85,330,000.00 | | |
II-A-3 | 92,580,000.00 | 2,015,736.98 | 0.00 | 0.00 | 0.00 | 2,015,736.98 | 0.00 | 0.00 | 92,580,000.00 | | |
II-A-4 | 35,513,000.00 | 789,873.38 | 0.00 | 0.00 | 0.00 | 789,873.38 | 0.00 | 0.00 | 35,513,000.00 | | |
M-1 | 66,938,000.00 | 1,539,825.28 | 0.00 | 0.00 | 0.00 | 1,539,825.28 | 0.00 | 0.00 | 66,938,000.00 | | |
M-2 | 33,788,000.00 | 787,152.61 | 0.00 | 0.00 | 0.00 | 787,152.61 | 0.00 | 0.00 | 33,788,000.00 | | |
M-3 | 23,588,000.00 | 563,350.33 | 0.00 | 0.00 | 0.00 | 563,350.33 | 0.00 | 0.00 | 23,588,000.00 | | |
M-4 | 22,950,000.00 | 557,528.91 | 0.00 | 0.00 | 0.00 | 557,528.91 | 0.00 | 0.00 | 22,950,000.00 | | |
M-5 | 23,588,000.00 | 577,175.52 | 0.00 | 0.00 | 0.00 | 577,175.52 | 0.00 | 0.00 | 23,588,000.00 | | |
M-6 | 16,575,000.00 | 456,091.12 | 0.00 | 0.00 | 0.00 | 456,091.12 | 0.00 | 0.00 | 16,575,000.00 | | |
M-7 | 15,300,000.00 | 429,974.68 | 0.00 | 0.00 | 0.00 | 429,974.68 | 0.00 | 0.00 | 15,300,000.00 | | |
M-8 | 14,663,000.00 | 450,746.78 | 0.00 | 0.00 | 0.00 | 450,746.78 | 0.00 | 0.00 | 14,663,000.00 | | |
M-9 | 12,113,000.00 | 461,103.28 | 0.00 | 0.00 | 0.00 | 461,103.28 | 0.00 | 0.00 | 12,113,000.00 | | |
B-1 | 9,563,000.00 | 364,032.90 | 0.00 | 0.00 | 0.00 | 364,032.90 | 0.00 | 0.00 | 9,563,000.00 | | |
B-2 | 10,834,000.00 | 380,666.18 | 0.00 | 0.00 | 0.00 | 380,666.18 | 0.00 | 0.00 | 10,834,000.00 | | |
C | 6,374,900.00 | 12,769,052.61 | 0.00 | 0.00 | 0.00 | 12,769,052.61 | 0.00 | 100.00 | 6,375,000.00 | | |
P | 100.00 | 1,477,391.74 | 0.00 | 0.00 | 0.00 | 1,477,391.74 | 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 | | |
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Total | 1,275,000,000.00 | 42,081,115.18 | 103,077,268.02 | 2,579,577.53 | 105,656,845.55 | 147,737,960.73 | 0.00 | 100.00 | 1,169,343,254.45 | | |
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Page 4 of 29 | | | | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FF4 | | | | |
| | | | | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | | | | |
| | | | | | | | | | | | | | | | | | | | |
Interest Detail - | | |
| Pass | Prior Principal | | Non- | Prior | Unscheduled | | Paid or | Current |
|
| | | | | | | | | | | | | | | | |
| Through | (with Notional) | Accrued | Supported | Unpaid | Interest | Optimal | Deferred | Unpaid | | |
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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 | 4.23750% | 665,378,812.91 | 2,427,939.56 | 0.00 | 0.00 | 0.00 | 2,427,939.56 | 2,427,939.56 | 0.00 | | |
II-A-1 | 4.11750% | 62,543,987.50 | 221,757.53 | 0.00 | 0.00 | 0.00 | 221,757.53 | 221,757.53 | 0.00 | | |
II-A-2 | 4.17750% | 85,330,000.00 | 306,956.90 | 0.00 | 0.00 | 0.00 | 306,956.90 | 306,956.90 | 0.00 | | |
II-A-3 | 4.25750% | 92,580,000.00 | 339,415.00 | 0.00 | 0.00 | 0.00 | 339,415.00 | 339,415.00 | 0.00 | | |
II-A-4 | 4.33750% | 35,513,000.00 | 132,643.52 | 0.00 | 0.00 | 0.00 | 132,643.52 | 132,643.52 | 0.00 | | |
M-1 | 4.46750% | 66,938,000.00 | 257,511.42 | 0.00 | 0.00 | 0.00 | 257,511.42 | 257,511.42 | 0.00 | | |
M-2 | 4.51750% | 33,788,000.00 | 131,437.67 | 0.00 | 0.00 | 0.00 | 131,437.67 | 131,437.67 | 0.00 | | |
M-3 | 4.61750% | 23,588,000.00 | 93,790.15 | 0.00 | 0.00 | 0.00 | 93,790.15 | 93,790.15 | 0.00 | | |
M-4 | 4.68750% | 22,950,000.00 | 92,636.72 | 0.00 | 0.00 | 0.00 | 92,636.72 | 92,636.72 | 0.00 | | |
M-5 | 4.71750% | 23,588,000.00 | 95,821.34 | 0.00 | 0.00 | 0.00 | 95,821.34 | 95,821.34 | 0.00 | | |
M-6 | 5.23750% | 16,575,000.00 | 74,754.40 | 0.00 | 0.00 | 0.00 | 74,754.40 | 74,754.40 | 0.00 | | |
M-7 | 5.33750% | 15,300,000.00 | 70,321.56 | 0.00 | 0.00 | 0.00 | 70,321.56 | 70,321.56 | 0.00 | | |
M-8 | 5.78750% | 14,663,000.00 | 73,075.71 | 0.00 | 0.00 | 0.00 | 73,075.71 | 73,075.71 | 0.00 | | |
M-9 | 6.08591% | 12,113,000.00 | 63,479.89 | 0.00 | 0.00 | 0.00 | 63,479.89 | 73,405.62 | 0.00 | | |
B-1 | 6.08591% | 9,563,000.00 | 50,116.25 | 0.00 | 0.00 | 0.00 | 50,116.25 | 57,952.44 | 0.00 | | |
B-2 | 6.08591% | 10,834,000.00 | 56,777.11 | 0.00 | 0.00 | 0.00 | 56,777.11 | 60,990.16 | 0.00 | | |
C | 332.40320% | 6,375,000.00 | 1,765,891.99 | 0.00 | 0.00 | 0.00 | 1,765,891.99 | 1,765,891.99 | 0.00 | | |
P | 0.00000% | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 441,882.77 | 0.00 | | |
R | 0.00000% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
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Total | | 1,197,620,900.41 | 6,254,326.72 | 0.00 | 0.00 | 0.00 | 6,254,326.72 | 6,718,184.46 | 0.00 | | |
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Page 5 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
Collection Account Report | |
SUMMARY | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Principal Collections | | | | | 9,598,783.86 | 18,678,862.10 | 28,277,645.96 | | |
Principal Withrawals | | | | | 0.00 | 0.00 | 0.00 | | |
Principal Other Accounts | | | | | 0.00 | 0.00 | 0.00 | | |
TOTAL NET PRINCIPAL | | | | | 9,598,783.86 | 18,678,862.10 | 28,277,645.96 | | |
Interest Collections | | | | | 1,854,750.41 | 4,784,347.96 | 6,639,098.37 | | |
Interest Withdrawals | | | | | -0.00 | -0.00 | -0.00 | | |
Interest Other Accounts | | | | | 0.00 | 0.00 | 441,882.77 | | |
Interest Fees | | | | | -110,421.60 | -252,375.08 | -362,796.68 | | |
TOTAL NET INTEREST | | | | | 1,744,328.81 | 4,531,972.88 | 6,718,184.46 | | |
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION | | | | | 11,343,112.67 | 23,210,834.98 | 34,995,830.42 | | |
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PRINCIPAL - COLLECTIONS | | |
| |
| | | | | | | | | | | Group 2 | Group 1 | Total | |
Scheduled Principal Received | | | | | 74,394.90 | 348,749.50 | 423,144.40 | |
Curtailments | | | | | 8,994.11 | 51,942.11 | 60,936.22 | |
Prepayments In Full | | | | | 9,515,394.85 | 18,278,170.49 | ####### | | |
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 | | | | | -19,477.80 | -99,837.75 | -119,315.55 | |
Realized Losses | | | | | -0.00 | -0.00 | -0.00 | |
Advanced Principal | | | | | 19,477.80 | 99,837.75 | 119,315.55 | |
TOTAL PRINCIPAL COLLECTED | | | | | 9,598,783.86 | 18,678,862.10 | 28,277,645.96 | |
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PRINCIPAL - WITHDRAWALS | | |
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SPACE INTENTIONALLY LEFT BLANK | | |
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PRINCIPAL - OTHER ACCOUNTS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
TOTAL PRINCIPAL OTHER ACCOUNTS | | | | | 0.00 | 0.00 | 0.00 | | |
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Page 6 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
INTEREST - COLLECTIONS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Scheduled Interest | | | | | 1,891,308.23 | 4,884,497.05 | 6,775,805.28 | | |
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 | | | | | -7,478.29 | -13,817.53 | -21,295.82 | | |
Delinquent Interest | | | | | -485,223.46 | -1,420,804.04 | -1,906,027.50 | | |
Compensating Interest | | | | | 7,478.29 | 13,817.53 | 21,295.82 | | |
Civil Relief Act Shortfalls | | | | | -0.00 | -0.00 | -0.00 | | |
Interest Advanced | | | | | 448,665.63 | 1,320,654.95 | 1,769,320.58 | | |
TOTAL INTEREST COLLECTED | | | | | 1,854,750.41 | 4,784,347.96 | 6,639,098.37 | | |
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INTEREST - WITHDRAWALS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
TOTAL INTEREST WITHDRAWALS | | | | | 0.00 | 0.00 | 0.00 | | |
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INTEREST - OTHER ACCOUNTS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Interest from Interest Coverage Account | | | | | 0.00 | 0.00 | 0.00 | | |
Prepayment Charges | | | | | | | | | 441,882.77 | | |
TOTAL INTEREST OTHER ACCOUNTS | | | | | 0.00 | 0.00 | 441,882.77 | | |
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INTEREST - FEES | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Current Servicing Fees | | | | | 110,421.60 | 252,375.08 | 362,796.68 | | |
Trustee Fees | | | | | 0.00 | 0.00 | 0.00 | | |
TOTAL INTEREST FEES | | | | | 110,421.60 | 252,375.08 | 362,796.68 | | |
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Page 7 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
Credit Enhancement Report | |
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ACCOUNTS | | |
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RESERVE | | | | | | |
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Amount Deposited in the Account | 21,974.97 | | |
Amount Withdrawn | 21,974.97 | | |
Releases | 0.00 | | |
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INSURANCE | | |
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SPACE INTENTIONALLY LEFT BLANK | | |
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STRUCTURAL FEATURES | | |
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| | | | | | | | | | 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 | | |
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Page 8 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
Collateral Report | |
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COLLATERAL | | |
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| | | | | | | | | | | Group 2 | Group 1 | Total | |
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Loan Count: | | | | | | | | | | | | | | |
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Original | | | | | 422 | 3,553 | 3,975 | | |
Prior | | | | | 773 | 5,402 | 6,175 | | |
Prefunding | | | | | 0 | 0 | 0 | | |
Scheduled Paid Offs | | | | | -0 | -0 | -0 | | |
Full Voluntary Prepayments | | | | | -21 | -93 | -114 | | |
Repurchases | | | | | -0 | -0 | -0 | | |
Liquidations | | | | | -0 | -0 | -0 | | |
Current | | | | | 752 | 5,309 | 6,061 | | |
Principal Balance: | | | | | | | | | | | | | | |
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Original | | | | | 202,276,785.92 | 557,412,462.56 | 759,689,248.48 | | |
Prior | | | | | 352,750,622.26 | 844,870,278.15 | 1,197,620,900.41 | | |
Prefunding | | | | | 0.00 | 0.00 | 0.00 | | |
Scheduled Principal | | | | | -74,394.90 | -348,749.50 | -423,144.40 | | |
Partial Prepayments | | | | | -8,994.11 | -51,942.11 | -60,936.22 | | |
Full Voluntary Prepayments | | | | | -9,515,394.85 | -18,278,170.49 | -27,793,565.34 | | |
Repurchases | | | | | -0.00 | -0.00 | -0.00 | | |
Liquidations | | | | | -0.00 | -0.00 | -0.00 | | |
Current | | | | | 343,151,838.40 | 826,191,416.05 | 1,169,343,254.45 | | |
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PREFUNDING | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
Prefunding Account Original Balance | | | | | 179,729,808.00 | 335,580,943.00 | 515,310,751.00 | | |
Prefunding Account Beginning Balance | | | | | 0.00 | 0.00 | 0.00 | | |
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 | | | | | 0.00 | 0.00 | 0.00 | | |
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Page 9 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
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CHARACTERISTICS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Weighted Average Coupon Original | | | | | 6.53900% | 6.88491% | 6.79281% | | |
Weighted Average Coupon Prior | | | | | 6.43935% | 6.94170% | 6.79408% | | |
Weighted Average Coupon Current | | | | | 6.43392% | 6.93763% | 6.78927% | | |
Weighted Average Months to Maturity Original | | | | | 358 | 356 | 357 | | |
Weighted Average Months to Maturity Prior | | | | | 354 | 352 | 353 | | |
Weighted Average Months to Maturity Current | | | | | 353 | 351 | 351 | | |
Weighted Avg Remaining Amortization Term Original | | | | | 358 | 356 | 357 | | |
Weighted Avg Remaining Amortization Term Prior | | | | | 354 | 352 | 353 | | |
Weighted Avg Remaining Amortization Term Current | | | | | 353 | 351 | 351 | | |
Weighted Average Seasoning Original | | | | | 2.19 | 2.19 | 2.19 | | |
Weighted Average Seasoning Prior | | | | | 5.71 | 6.03 | 5.93 | | |
Weighted Average Seasoning Current | | | | | 6.68 | 7.02 | 6.92 | | |
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Page 10 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
ARM CHARACTERISTICS | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
Weighted Average Margin Original | | | | | 5.55112% | 5.78001% | 5.71611% | | |
Weighted Average Margin Prior | | | | | 5.52924% | 5.77853% | 5.70171% | | |
Weighted Average Margin Current | | | | | 5.52655% | 5.77635% | 5.69906% | | |
Weighted Average Max Rate Original | | | | | 12.52761% | 12.82550% | 12.74234% | | |
Weighted Average Max Rate Prior | | | | | 12.42753% | 12.87734% | 12.73872% | | |
Weighted Average Max Rate Current | | | | | 12.42422% | 12.87259% | 12.73387% | | |
Weighted Average Min Rate Original | | | | | 6.52761% | 6.82550% | 6.74234% | | |
Weighted Average Min Rate Prior | | | | | 6.42753% | 6.87734% | 6.73872% | | |
Weighted Average Min Rate Current | | | | | 6.42422% | 6.87259% | 6.73387% | | |
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% | | |
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SERVICING FEES & ADVANCES | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Group 2 | Group 1 | Total | |
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Current Servicing Fees | | | | | 110,421.60 | 252,375.08 | 362,796.68 | | |
Delinquent Servicing Fees | | | | | 36,557.83 | 99,622.34 | 136,180.17 | | |
TOTAL SERVICING FEES | | | | | 146,979.43 | 351,997.43 | 498,976.86 | | |
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Total Servicing Fees | | | | | 146,979.43 | 351,997.43 | 498,976.86 | | |
Compensating Interest | | | | | -7,478.29 | -13,817.53 | -21,295.82 | | |
Delinquent Servicing Fees | | | | | -36,557.83 | -99,622.34 | -136,180.17 | | |
COLLECTED SERVICING FEES | | | | | 102,943.31 | 238,557.56 | 341,500.87 | | |
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Total Advaced Interest | | | | | 448,665.63 | 1,320,654.95 | 1,769,320.58 | | |
Total Advaced Principal | | | | | 19,477.80 | 99,837.75 | 119,315.55 | | |
Aggregate Advances with respect to this Distribution | | | | | 468,143.43 | 1,420,492.70 | 1,888,636.13 | | |
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ADDITIONAL COLLATERAL INFORMATION | | |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Prepayment Interest Shortfall (PPIS) | | | | | 7,478.29 | 13,817.53 | 21,295.82 | | |
Compensating Interest | | | | | -7,478.29 | -13,817.53 | -21,295.82 | | |
Net Prepayment Interest Shortfall (PPIS) | | | | | 0.00 | 0.00 | 0.00 | | |
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Weighted Average Net Mortgage Rate | | | | | 5.933922% | 6.436926% | 6.731530% | | |
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Libor For Current Period | | | | | | | | | 4.037500% | | |
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Libor For Next Period | | | | | | | | | 0.0000% | | |
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Page 11 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
Delinquency Report | |
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| TOTAL | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 10,372,118.68 | 1,401,880.11 | 856,031.43 | 12,630,030.22 | | | |
| % Balance | | | 0.89% | 0.12% | 0.07% | 1.08% | | | |
| # Loans | | | 66 | 9 | 4 | 79 | | | |
| % # Loans | | | 1.09% | 0.15% | 0.07% | 1.30% | | | |
| FORECLOSURE | Balance | 0.00 | 0.00 | 2,481,793.18 | 6,397,786.87 | 8,879,580.05 | | | |
| % Balance | 0.00% | 0.00% | 0.21% | 0.55% | 0.76% | | | |
| # Loans | 0 | 0 | 12 | 33 | 45 | | | |
| % # Loans | 0.00% | 0.00% | 0.20% | 0.54% | 0.74% | | | |
| BANKRUPTCY | Balance | 5,937,278.81 | 487,525.47 | 577,214.88 | 751,153.43 | 7,753,172.59 | | | |
| % Balance | 0.51% | 0.04% | 0.05% | 0.06% | 0.66% | | | |
| # Loans | 42 | 5 | 3 | 7 | 57 | | | |
| % # Loans | 0.69% | 0.08% | 0.05% | 0.12% | 0.94% | | | |
| REO | Balance | 0.00 | 0.00 | 0.00 | 342,027.58 | 342,027.58 | | | |
| % Balance | 0.00% | 0.00% | 0.00% | 0.03% | 0.03% | | | |
| # Loans | 0 | 0 | 0 | 2 | 2 | | | |
| % # Loans | 0.00% | 0.00% | 0.00% | 0.03% | 0.03% | | | |
| TOTAL | Balance | 5,937,278.81 | 10,859,644.15 | 4,460,888.17 | 8,346,999.31 | 29,604,810.44 | | | |
| % Balance | 0.51% | 0.93% | 0.38% | 0.71% | 2.53% | | | |
| # Loans | 42 | 71 | 24 | 46 | 183 | | | |
| % # Loans | 0.69% | 1.17% | 0.40% | 0.76% | 3.02% | | | |
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Page 12 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
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| GROUP 1 | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 7,980,797.62 | 1,401,880.11 | 856,031.43 | 10,238,709.16 | | | |
| % Balance | | | 0.97% | 0.17% | 0.10% | 1.24% | | | |
| # Loans | | | 60 | 9 | 4 | 73 | | | |
| % # Loans | | | 1.13% | 0.17% | 0.08% | 1.38% | | | |
| FORECLOSURE | Balance | 0.00 | 0.00 | 2,481,793.18 | 3,636,631.31 | 6,118,424.49 | | | |
| % Balance | 0.00% | 0.00% | 0.30% | 0.44% | 0.74% | | | |
| # Loans | 0 | 0 | 12 | 27 | 39 | | | |
| % # Loans | 0.00% | 0.00% | 0.23% | 0.51% | 0.73% | | | |
| BANKRUPTCY | Balance | 5,937,278.81 | 487,525.47 | 577,214.88 | 751,153.43 | 7,753,172.59 | | | |
| % Balance | 0.72% | 0.06% | 0.07% | 0.09% | 0.94% | | | |
| # Loans | 42 | 5 | 3 | 7 | 57 | | | |
| % # Loans | 0.79% | 0.09% | 0.06% | 0.13% | 1.07% | | | |
| REO | Balance | 0.00 | 0.00 | 0.00 | 342,027.58 | 342,027.58 | | | |
| % Balance | 0.00% | 0.00% | 0.00% | 0.04% | 0.04% | | | |
| # Loans | 0 | 0 | 0 | 2 | 2 | | | |
| % # Loans | 0.00% | 0.00% | 0.00% | 0.04% | 0.04% | | | |
| TOTAL | Balance | 5,937,278.81 | 8,468,323.09 | 4,460,888.17 | 5,585,843.75 | 24,452,333.82 | | | |
| % Balance | 0.72% | 1.02% | 0.54% | 0.68% | 2.96% | | | |
| # Loans | 42 | 65 | 24 | 40 | 171 | | | |
| % # Loans | 0.79% | 1.22% | 0.45% | 0.75% | 3.22% | | | |
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Page 13 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
| GROUP 2 | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 2,391,321.06 | 0.00 | 0.00 | 2,391,321.06 | | | |
| % Balance | | | 0.70% | 0.00% | 0.00% | 0.70% | | | |
| # Loans | | | 6 | 0 | 0 | 6 | | | |
| % # Loans | | | 0.80% | 0.00% | 0.00% | 0.80% | | | |
| FORECLOSURE | Balance | 0.00 | 0.00 | 0.00 | 2,761,155.56 | 2,761,155.56 | | | |
| % Balance | 0.00% | 0.00% | 0.00% | 0.80% | 0.80% | | | |
| # Loans | 0 | 0 | 0 | 6 | 6 | | | |
| % # Loans | 0.00% | 0.00% | 0.00% | 0.80% | 0.80% | | | |
| 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 | 2,391,321.06 | 0.00 | 2,761,155.56 | 5,152,476.62 | | | |
| % Balance | 0.00% | 0.70% | 0.00% | 0.80% | 1.50% | | | |
| # Loans | 0 | 6 | 0 | 6 | 12 | | | |
| % # Loans | 0.00% | 0.80% | 0.00% | 0.80% | 1.60% | | | |
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Page 14 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 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 | |
4000250689 1 | |
280,000.00 | 278,258.44 | 01-Mar-2005 | 7.375% | MI - 99.92% | 360 | | 01-Apr-2005 | |
| | | | | | | | | | | | | | | | | |
4000316144 1 | 64,000.00 | 63,769.14 | 01-May-2005 | 8.625% | MO - 79.91% | 360 | | 01-Jun-2005 | |
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TOTAL | 344,000.00 | 342,027.58 | | | | | | | | | | | |
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Page 15 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 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 | |
35808534 1 | |
172,000.00 | 171,006.59 | 01-Jun-2005 | 7.750% | SC - 99.93% | 360 | | 01-Apr-2005 | |
| | | | | | | | | | | | | | | | | |
35912047 1 | 61,875.00 | 61,875.00 | 01-Apr-2005 | 7.750% | IL - 90.00% | 360 | | 01-Apr-2005 | |
4000163283 1 | 158,100.00 | 156,289.04 | 01-Mar-2005 | 7.625% | MI - 84.49% | 360 | | 01-Sep-2004 | |
4000200451 1 | 170,050.00 | 170,050.00 | 01-Jul-2005 | 7.750% | MI - 95.00% | 360 | | 01-Dec-2004 | |
4000215192 1 | 68,000.00 | 68,000.00 | 01-Apr-2005 | 8.125% | MI - 85.00% | 360 | | 01-Jan-2005 | |
4000234039 1 | 295,200.00 | 295,200.00 | 01-Jul-2005 | 9.000% | NH - 90.00% | 360 | | 01-Mar-2005 | |
4000246459 1 | 35,200.00 | 35,079.36 | 01-May-2005 | 8.875% | OH - 79.96% | 360 | | 01-Apr-2005 | |
4000249946 1 | 69,600.00 | 69,600.00 | 01-Apr-2005 | 6.500% | ME - 80.00% | 360 | | 01-Apr-2005 | |
4000251659 1 | 51,200.00 | 50,840.33 | 01-May-2005 | 6.750% | AL - 79.93% | 360 | | 01-Apr-2005 | |
4000253009 1 | 60,000.00 | 59,567.38 | 01-May-2005 | 6.625% | OH - 79.93% | 360 | | 01-Apr-2005 | |
4000254198 1 | 140,000.00 | 138,911.96 | 01-Jun-2005 | 6.500% | CA - 79.93% | 360 | | 01-Apr-2005 | |
4000255135 1 | 175,500.00 | 175,500.00 | 01-Jun-2005 | 8.750% | CO - 90.00% | 360 | | 01-Apr-2005 | |
4000255986 1 | 44,800.00 | 44,541.23 | 01-May-2005 | 7.750% | IN - 79.94% | 360 | | 01-Apr-2005 | |
4000256538 1 | | | 348,000.00 | 348,000.00 | 01-Jul-2005 | 6.750% | CA - 80.00% | 360 | | 01-Mar-2005 | |
4000256735 1 | 238,400.00 | 236,988.53 | 01-Jul-2005 | 7.625% | MA - 79.94% | 360 | | 01-Apr-2005 | |
4000259424 1 | 112,000.00 | 109,234.07 | 01-May-2005 | 7.500% | MO - 73.95% | 180 | | 01-Apr-2005 | |
4000260331 1 | 123,000.00 | 122,419.23 | 01-Jul-2005 | 8.750% | MI - 99.94% | 360 | | 01-Apr-2005 | |
4000261883 1 | 172,000.00 | 172,000.00 | 01-Mar-2005 | 7.625% | LA - 80.00% | 360 | | 01-Apr-2005 | |
4000262989 1 | 87,120.00 | 86,477.83 | 01-Jul-2005 | 6.500% | TN - 79.93% | 360 | | 01-Apr-2005 | |
4000263844 1 | 101,900.00 | 101,899.95 | 01-May-2005 | 8.125% | TX - 100.00% | 360 | | 01-Mar-2005 | |
4000264227 1 | 155,200.00 | 153,912.20 | 01-Mar-2005 | 5.875% | OH - 79.92% | 360 | | 01-Apr-2005 | |
4000265151 1 | 122,400.00 | 122,400.00 | 01-Apr-2005 | 6.250% | MI - 80.00% | 360 | | 01-Apr-2005 | |
4000266983 1 | 346,750.00 | 344,132.15 | 01-May-2005 | 6.375% | NY - 94.91% | 360 | | 01-Apr-2005 | |
4000267518 1 | 217,000.00 | 216,961.52 | 01-Jul-2005 | 8.125% | MN - 88.56% | 360 | | 01-Apr-2005 | |
4000268624 1 | 97,600.00 | 96,860.93 | 01-May-2005 | 6.375% | TX - 79.93% | 360 | | 01-Apr-2005 | |
4000270286 1 | 148,750.00 | 148,750.00 | 01-Apr-2005 | 8.375% | CO - 85.00% | 360 | | 01-Apr-2005 | |
4000271315 1 | 213,750.00 | 212,387.52 | 01-Jun-2005 | 7.250% | AZ - 94.93% | 360 | | 01-Apr-2005 | |
4000272015 1 | 64,250.00 | 63,830.34 | 01-Apr-2005 | 7.125% | AL - 79.89% | 360 | | 01-Apr-2005 | |
4000272163 1 | 250,000.00 | 250,000.00 | 01-Jul-2005 | 7.750% | SC - 100.00% | 360 | | 01-Apr-2005 | |
4000272671 1 | 173,000.00 | 171,869.99 | 01-Jun-2005 | 7.125% | OH - 84.32% | 360 | | 01-Apr-2005 | |
4000276813 1 | 160,500.00 | 160,500.00 | 01-Jun-2005 | 8.625% | CO - 100.00% | 360 | | 01-Apr-2005 | |
4000331682 1 | 135,000.00 | 134,574.54 | 01-Jun-2005 | 8.375% | IN - 89.94% | 360 | | 01-Jul-2005 | |
4000333342 1 | 76,000.00 | 75,721.48 | 01-Jun-2005 | 7.625% | IN - 94.93% | 360 | | 01-Jul-2005 | |
4000335938 1 | 243,900.00 | 243,900.00 | 01-Jun-2005 | 7.375% | CO - 90.00% | 360 | | 01-Jul-2005 | |
4000338691 1 | 294,500.00 | 293,447.25 | 01-Jun-2005 | 7.750% | CA - 94.93% | 360 | | 01-Jul-2005 | |
4000339151 1 | 33,600.00 | 33,501.93 | 01-Jul-2005 | 8.750% | IL - 79.95% | 360 | | 01-Jul-2005 | |
4000341306 1 | 180,000.00 | 179,094.84 | 01-Jul-2005 | 5.999% | OH - 87.72% | 360 | | 01-Jul-2005 | |
4000349379 1 | 240,000.00 | 239,099.30 | 01-Jul-2005 | 8.125% | NJ - 54.88% | 360 | | 01-Jul-2005 | |
4000352777 1 | 304,000.00 | 304,000.00 | 01-Jul-2005 | 8.250% | MN - 93.54% | 360 | | 01-Jul-2005 | |
35830801 2 | 464,000.00 | 461,113.91 | 01-Mar-2005 | 7.375% | IL - 79.94% | 360 | | 01-Apr-2005 | |
4000254790 2 | 410,000.00 | 407,747.17 | 01-Jun-2005 | 8.000% | NY - 99.93% | 360 | | 01-Apr-2005 | |
4000257031 2 | 388,000.00 | 388,000.00 | 01-Jun-2005 | 6.125% | CA - 80.00% | 360 | | 01-Apr-2005 | |
4000260671 2 | 572,000.00 | 571,998.00 | 01-Apr-2005 | 6.999% | CA - 80.00% | 360 | | 01-Apr-2005 | |
4000267574 2 | 438,000.00 | 435,593.28 | 01-May-2005 | 8.000% | NJ - 99.93% | 360 | | 01-Apr-2005 | |
4000268582 2 | 499,000.00 | 496,703.20 | 01-Apr-2005 | 8.875% | NY - 99.94% | 360 | | 01-Apr-2005 | |
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TOTAL | 8,911,145.00 | 8,879,580.05 | | | | | | | | | | | |
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Page 16 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
Prepayment Report | |
| | | | | | | | | | | | | | | | | |
VOLUNTARY PREPAYMENTS | | |
| |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Group 2 | Group 1 | Total | |
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Current | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Number of Paid in Full Loans | | | | | 21 | 93 | 114 | | |
Number of Repurchased Loans | | | | | 0 | 0 | 0 | | |
Total Number of Loans Prepaid in Full | | | | | 21 | 93 | 114 | | |
Curtailments Amount | | | | | 8,994.11 | 51,942.11 | 60,936.22 | | |
Paid in Full Balance | | | | | 9,515,394.85 | 18,278,170.49 | 27,793,565.34 | | |
Repurchased Loans Balance | | | | | 0.00 | 0.00 | 0.00 | | |
Total Prepayment Amount | | | | | 9,524,388.96 | 18,330,112.60 | 27,854,501.56 | | |
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Cumulative | | | | | | | | | | | | | | |
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Number of Paid in Full Loans | | | | | 77 | 343 | 420 | | |
Number of Repurchased Loans | | | | | 0 | 0 | 0 | | |
Total Number of Loans Prepaid in Full | | | | | 77 | 343 | 420 | | |
Paid in Full Balance | | | | | 38,255,022.68 | 63,865,675.92 | 102,120,698.60 | | |
Repurchased Loans Balance | | | | | 0.00 | 0.00 | 0.00 | | |
Curtailments Amount | | | | | 162,869.03 | 793,599.17 | 956,468.20 | | |
Total Prepayment Amount | | | | | 38,417,891.71 | 64,659,275.09 | 103,077,166.80 | | |
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Page 17 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
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VOLUNTARY PREPAYMENTS RATES | | |
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| | | | | | | | | | | Group 2 | Group 1 | Total | |
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SMM | | | | | 2.70% | 2.17% | 2.33% | | |
3 Months Avg SMM | | | | | 1.87% | 1.74% | 1.78% | | |
12 Months Avg SMM | | | | | 1.94% | 1.18% | 1.38% | | |
Avg SMM Since Cut-off | | | | | 1.94% | 1.18% | 1.38% | | |
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CPR | | | | | 28.00% | 23.15% | 24.61% | | |
3 Months Avg CPR | | | | | 20.24% | 19.01% | 19.37% | | |
12 Months Avg CPR | | | | | 20.92% | 13.23% | 15.35% | | |
Avg CPR Since Cut-off | | | | | 20.92% | 13.23% | 15.35% | | |
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PSA | | | | | 2,094.55% | 1,648.06% | 1,777.12% | | |
3 Months Avg PSA Approximation | | | | | 1,775.39% | 1,575.85% | 1,632.36% | | |
12 Months Avg PSA Approximation | | | | | 2,408.75% | 1,460.43% | 1,716.30% | | |
Avg PSA Since Cut-off Approximation | | | | | 2,408.75% | 1,460.44% | 1,716.30% | | |
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Page 18 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
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PREPAYMENT CALCULATION METHODOLOGY | | |
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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. | | |
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Page 19 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 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 |
|
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& | Loan | Principal | Prepayment | Prepayment | Note | LTV at | & | Payment |
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Loan Group | Status | Balance | Amount | Date | Rate | Origination | Original Term | Date |
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34114850 2 | | 1,000,000.00 | 1,000,000.00 | | 28-Oct-2005 | 5.625% | CA - 71.78% | Paid Off - 360 | 01-Dec-2004 |
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34381343 1 | | 325,000.00 | 322,048.83 | | 26-Oct-2005 | 8.000% | NJ - 84.56% | Paid Off - 360 | 01-Oct-2004 |
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35831841 1 | | 70,000.00 | 69,533.80 | | 08-Nov-2005 | 6.375% | IL - 64.75% | Paid Off - 360 | 01-Apr-2005 |
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35892322 2 | | 560,000.00 | 560,000.00 | | 17-Oct-2005 | 6.500% | CA - 83.58% | Paid Off - 360 | 01-Feb-2005 |
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4000193274 1 | | 79,300.00 | 79,300.00 | | 18-Oct-2005 | 6.999% | MI - 94.97% | Paid Off - 360 | 01-Dec-2004 |
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4000205016 1 | | 80,000.00 | 80,000.00 | | 31-Oct-2005 | 7.999% | FL - 80.00% | Paid Off - 360 | 01-Jan-2005 |
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4000206383 1 | | 94,000.00 | 93,285.13 | | 15-Nov-2005 | 8.750% | WI - 99.65% | Paid Off - 360 | 01-Jan-2005 |
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4000231409 1 | | 161,100.00 | 161,100.00 | | 28-Oct-2005 | 6.625% | NJ - 79.99% | Paid Off - 360 | 01-Apr-2005 |
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4000231708 2 | | 572,000.00 | 572,000.00 | | 08-Nov-2005 | 6.750% | MA - 65.00% | Paid Off - 360 | 01-Jul-2005 |
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4000234927 2 | | 686,950.00 | 686,950.00 | | 27-Oct-2005 | 5.750% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
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4000237871 2 | | 900,000.00 | 900,000.00 | | 31-Oct-2005 | 5.999% | NV - 64.29% | Paid Off - 360 | 01-Apr-2005 |
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4000240018 1 | | 62,000.00 | 61,724.63 | | 26-Oct-2005 | 8.500% | KY - 99.93% | Paid Off - 360 | 01-Apr-2005 |
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4000241108 2 | | 480,000.00 | 479,872.02 | | 28-Oct-2005 | 6.999% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000244712 1 | | 172,000.00 | 171,999.49 | | 04-Nov-2005 | 5.750% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000247346 1 | | 281,000.00 | 278,837.81 | | 25-Oct-2005 | 6.250% | CA - 71.41% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000248567 1 | | 235,000.00 | 234,567.39 | | 21-Oct-2005 | 7.625% | CA - 99.97% | Paid Off - 360 | 01-Mar-2005 |
| | |
4000249554 1 | | 141,000.00 | 141,000.00 | | 17-Oct-2005 | 8.750% | FL - 100.00% | Paid Off - 360 | 01-Mar-2005 |
| | |
4000250386 1 | | 170,000.00 | 169,054.69 | | 21-Oct-2005 | 7.250% | NY - 84.93% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000251650 1 | | 84,000.00 | 83,147.48 | | 27-Oct-2005 | 6.750% | TX - 62.83% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000251866 1 | | 199,000.00 | 197,657.41 | | 27-Oct-2005 | 6.250% | CA - 72.29% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000252970 1 | | 285,000.00 | 283,511.49 | | 02-Nov-2005 | 5.999% | NV - 70.37% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000253181 2 | | 437,000.00 | 437,000.00 | | 28-Oct-2005 | 5.999% | CA - 76.00% | Paid Off - 360 | 01-Mar-2005 |
| | |
4000253678 1 | | 90,900.00 | 90,900.00 | | 01-Nov-2005 | 6.625% | OH - 90.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000253713 1 | | 107,600.00 | 106,910.63 | | 11-Nov-2005 | 6.875% | NY - 79.93% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000254146 2 | | 445,000.00 | 444,999.94 | | 07-Nov-2005 | 7.500% | CA - 100.00% | Paid Off - 360 | 01-Mar-2005 |
| | |
4000254591 1 | | 172,000.00 | 171,999.62 | | 17-Oct-2005 | 6.750% | UT - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000254795 2 | | 495,000.00 | 492,686.84 | | 31-Oct-2005 | 8.125% | CA - 99.93% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000255390 1 | | 121,550.00 | 120,967.41 | | 27-Oct-2005 | 7.999% | MI - 84.94% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000255636 1 | | 227,000.00 | 227,000.00 | | 18-Oct-2005 | 6.250% | CA - 79.99% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000255648 2 | | 60,420.00 | 60,164.84 | | 03-Nov-2005 | 8.625% | MO - 99.94% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000256250 1 | | 72,000.00 | 71,533.17 | | 01-Nov-2005 | 9.500% | WI - 99.95% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000257885 1 | | 116,000.00 | 109,830.61 | | 26-Oct-2005 | 6.500% | NJ - 32.88% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000257955 1 | | 298,000.00 | 298,000.00 | | 15-Nov-2005 | 7.125% | CA - 83.94% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000258204 1 | | 128,000.00 | 128,000.00 | | 18-Oct-2005 | 8.125% | FL - 80.00% | Paid Off - 360 | 01-Mar-2005 |
| | |
4000258253 1 | | 214,000.00 | 213,999.80 | | 24-Oct-2005 | 7.750% | FL - 100.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000258292 1 | | 263,000.00 | 260,482.38 | | 26-Oct-2005 | 5.625% | CA - 64.80% | Paid Off - 360 | 01-Mar-2005 |
| | |
4000258310 1 | | 108,800.00 | 108,328.70 | | 24-Oct-2005 | 8.500% | MD - 84.95% | Paid Off - 360 | 01-Apr-2005 |
| | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 20 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
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 |
| | |
4000258936 1 | | 340,000.00 | 338,178.00 | | 19-Oct-2005 | 8.125% | CA - 99.87% | Paid Off - 360 | 01-Mar-2005 |
|
| | |
4000259198 1 | | 225,000.00 | 223,779.22 | | 15-Nov-2005 | 7.375% | NY - 54.18% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000259859 1 | | 180,000.00 | 180,000.00 | | 31-Oct-2005 | 7.500% | WA - 90.00% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000260727 1 | | 168,000.00 | 168,000.00 | | 10-Nov-2005 | 6.999% | FL - 80.00% | Paid Off - 360 | 01-Mar-2005 |
| | |
4000261096 1 | | 165,000.00 | 165,000.00 | | 28-Oct-2005 | 6.625% | CA - 100.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000261101 2 | | 601,700.00 | 601,700.00 | | 20-Oct-2005 | 6.375% | CA - 80.00% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000262633 1 | | 193,000.00 | 191,978.39 | | 02-Nov-2005 | 7.500% | NJ - 78.72% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000263209 1 | | 232,750.00 | 232,428.88 | | 18-Oct-2005 | 7.250% | MA - 94.94% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000263280 1 | | 101,600.00 | 101,600.00 | | 07-Nov-2005 | 6.500% | AZ - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000263394 1 | | 165,600.00 | 165,152.16 | | 20-Oct-2005 | 7.125% | MI - 90.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000263839 1 | | 348,000.00 | 347,267.87 | | 07-Nov-2005 | 5.500% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000264031 1 | | 233,600.00 | 232,235.95 | | 24-Oct-2005 | 7.000% | NJ - 79.93% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000264523 1 | | 268,000.00 | 266,396.57 | | 15-Nov-2005 | 6.875% | CA - 72.18% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000264645 1 | | 149,600.00 | 148,747.53 | | 02-Nov-2005 | 7.125% | FL - 79.94% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000264658 1 | | 80,000.00 | 79,653.47 | | 19-Oct-2005 | 8.500% | TX - 99.94% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000265052 1 | | 60,000.00 | 59,777.13 | | 09-Nov-2005 | 9.250% | OK - 99.95% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000265140 1 | | 184,500.00 | 183,498.94 | | 27-Oct-2005 | 7.375% | MN - 89.93% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000265859 1 | | 130,500.00 | 129,920.22 | | 08-Nov-2005 | 8.375% | ID - 89.94% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000266595 1 | | 310,000.00 | 310,000.00 | | 17-Oct-2005 | 6.999% | CA - 100.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000266975 1 | | 240,000.00 | 238,628.60 | | 03-Nov-2005 | 7.125% | AZ - 87.52% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000267151 1 | | 300,500.00 | 300,500.00 | | 03-Nov-2005 | 6.250% | CA - 79.99% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000267258 1 | | 157,500.00 | 157,500.00 | | 03-Nov-2005 | 7.500% | CA - 90.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000267365 1 | | 180,800.00 | 180,800.00 | | 27-Oct-2005 | 5.125% | FL - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000267482 2 | | 393,000.00 | 393,000.00 | | 09-Nov-2005 | 7.500% | MN - 100.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000268206 2 | | 380,000.00 | 380,000.00 | | 17-Oct-2005 | 6.999% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000268462 1 | | 178,400.00 | 178,400.00 | | 26-Oct-2005 | 6.750% | MD - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000268513 1 | | 293,000.00 | 291,023.27 | | 01-Nov-2005 | 6.250% | IL - 70.54% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000268674 1 | | 228,000.00 | 228,000.00 | | 03-Nov-2005 | 6.375% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000269446 1 | | 218,600.00 | 218,541.93 | | 09-Nov-2005 | 6.375% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000270362 1 | | 280,000.00 | 280,000.00 | | 28-Oct-2005 | 6.625% | CA - 80.00% | | Paid Off - 360 | 01-Apr-2005 |
| | | | |
4000271138 1 | | 165,750.00 | 164,683.93 | | 01-Nov-2005 | 6.500% | CA - 64.94% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000271475 1 | | 92,000.00 | 91,462.78 | | 15-Nov-2005 | 7.000% | OH - 85.91% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000272264 1 | | 313,050.00 | 313,050.00 | | 17-Oct-2005 | 7.875% | FL - 99.99% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000272592 1 | | 48,000.00 | 47,817.08 | | 18-Oct-2005 | 9.125% | OH - 79.96% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000272723 1 | | 302,400.00 | 302,400.00 | | 10-Nov-2005 | 6.500% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000273828 1 | | 228,000.00 | 228,000.00 | | 31-Oct-2005 | 6.000% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000273958 1 | | 258,000.00 | 258,000.00 | | 02-Nov-2005 | 6.500% | CA - 64.50% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000274645 1 | | 228,000.00 | 226,761.09 | | 25-Oct-2005 | 7.375% | IL - 94.93% | Paid Off - 360 | 01-Apr-2005 |
| | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 21 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
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 |
| | |
4000274655 1 | | 168,100.00 | 168,100.00 | | 11-Nov-2005 | 7.875% | GA - 100.00% | Paid Off - 360 | 01-Apr-2005 |
|
| | |
4000274854 1 | | 143,500.00 | 143,500.00 | | 03-Nov-2005 | 6.999% | NV - 79.98% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000275912 1 | | 271,200.00 | 271,200.00 | | 04-Nov-2005 | 6.125% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000275927 1 | | 347,900.00 | 347,900.00 | | 02-Nov-2005 | 6.625% | MD - 80.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000276224 1 | | 93,500.00 | 92,967.17 | | 31-Oct-2005 | 7.125% | IL - 77.37% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000276319 1 | | 119,850.00 | 119,850.00 | | 02-Nov-2005 | 7.125% | FL - 85.00% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000277761 1 | | 151,200.00 | 150,173.24 | | 28-Oct-2005 | 7.375% | MO - 89.90% | Paid Off - 360 | 01-Apr-2005 |
| | |
4000288167 2 | | 361,250.00 | 361,248.44 | | 02-Nov-2005 | 8.375% | AZ - 85.00% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000294091 1 | | 140,800.00 | 140,800.00 | | 01-Nov-2005 | 5.500% | NJ - 80.00% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000295857 1 | | 150,000.00 | 150,000.00 | | 26-Oct-2005 | 6.750% | CA - 52.63% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000300277 1 | | 126,300.00 | 125,837.12 | | 09-Nov-2005 | 7.625% | NC - 89.84% | Paid Off - 360 | 01-Jun-2005 |
| | |
4000313632 2 | | 387,000.00 | 387,000.00 | | 18-Oct-2005 | 8.250% | AZ - 90.00% | Paid Off - 360 | 01-Jun-2005 |
| | |
4000317114 1 | | 240,000.00 | 239,166.44 | | 19-Oct-2005 | 6.750% | FL - 79.93% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000320525 1 | | 73,400.00 | 73,246.03 | | 08-Nov-2005 | 9.250% | PA - 99.95% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000322802 1 | | 180,500.00 | 180,500.00 | | 31-Oct-2005 | 7.250% | NC - 94.98% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000323494 2 | | 128,000.00 | 128,000.00 | | 02-Nov-2005 | 7.625% | MI - 64.97% | Paid Off - 360 | 01-Jun-2005 |
| | |
4000325072 2 | | 627,300.00 | 627,300.00 | | 31-Oct-2005 | 6.999% | CA - 90.00% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000328050 1 | | 288,550.00 | 288,548.92 | | 27-Oct-2005 | 7.999% | NV - 89.99% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000331602 1 | | 540,000.00 | 540,000.00 | | 07-Nov-2005 | 7.375% | NM - 90.00% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000332068 2 | | 213,750.00 | 213,226.52 | | 08-Nov-2005 | 8.500% | MA - 94.94% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000334766 1 | | 146,200.00 | 146,174.49 | | 20-Oct-2005 | 8.875% | OH - 85.00% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000335035 2 | | 375,000.00 | 375,000.00 | | 17-Oct-2005 | 8.125% | CO - 83.33% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000337250 1 | | 108,000.00 | 107,684.32 | | 01-Nov-2005 | 7.625% | IL - 69.63% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000337612 1 | | 135,000.00 | 135,000.00 | | 25-Oct-2005 | 7.500% | ME - 84.38% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000338743 1 | | 209,700.00 | 208,953.81 | | 07-Nov-2005 | 6.625% | CA - 89.92% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000341502 1 | | 256,500.00 | 255,669.46 | | 18-Oct-2005 | 7.125% | MN - 89.93% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000343383 1 | | 218,500.00 | 217,936.90 | | 15-Nov-2005 | 8.250% | IL - 94.94% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000343557 1 | | 156,750.00 | 156,280.29 | | 27-Oct-2005 | 7.500% | FL - 94.93% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000345095 2 | | 178,800.00 | 178,236.74 | | 18-Oct-2005 | 7.250% | OR - 79.94% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000345291 1 | | 292,000.00 | 292,000.00 | | 02-Nov-2005 | 6.500% | CA - 80.00% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000346076 1 | | 310,150.00 | 309,220.64 | | 01-Nov-2005 | 7.500% | CA - 84.93% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000347267 1 | | 290,500.00 | 290,500.00 | | 15-Nov-2005 | 5.750% | NY - 70.00% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000347300 1 | | 305,000.00 | 304,870.65 | | 11-Nov-2005 | 6.999% | CA - 84.72% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000347960 1 | | 261,000.00 | 261,000.00 | | 17-Oct-2005 | 8.125% | CA - 90.00% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000350931 2 | | 238,000.00 | 237,009.51 | | 26-Oct-2005 | 6.990% | IL - 68.73% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000352865 1 | | 162,000.00 | 161,496.43 | | 17-Oct-2005 | 7.999% | FL - 89.94% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000353723 1 | | 255,000.00 | 254,291.10 | | 24-Oct-2005 | 7.875% | IL - 94.38% | Paid Off - 360 | 01-Jul-2005 |
| | |
4000365500 1 | | 229,500.00 | 229,500.00 | | 18-Oct-2005 | 7.375% | CA - 90.00% | Paid Off - 360 | 01-Jul-2005 |
| | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 22 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
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 |
| | |
4000365642 1 | | 351,900.00 | 351,900.00 | | 15-Nov-2005 | 7.750% | GA - 85.00% | Paid Off - 360 | 01-Jul-2005 |
|
| | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
TOTAL | | 27,847,070.00 | 27,793,565.34 | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Page 23 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 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 24 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 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% | | |
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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% | | |
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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% | | |
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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% | | |
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Page 25 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
November 25, 2005 Distribution | |
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COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY | | |
| Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance) | |
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| Conditional Default Rate (CDR): 1-((1-MDR)^12) | |
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| 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))) | |
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| 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) | |
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| 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))) | | |
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| 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) | |
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| Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m) | |
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| 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. | |
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Page 26 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
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2005-FF4 | |
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November 25, 2005 Distribution | |
Realized Loss Detail Report | |
Loan Number | | Current | State & | | Prior | Realized | | Cumulative | |
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& | Loan | Note | LTV at | Original | Principal | Loss/(Gain) | Realized | Realized | |
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Loan Group | Status | Rate | Origination | Term | Balance | Revision | Loss/(Gain) | Loss/(Gain) | |
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TOTAL | | | | | | | | | | | | | | | | |
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Page 27 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
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November 25, 2005 Distribution | |
Triggers and Adj. Cert. Report | |
TRIGGER EVENTS | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
| | | | | | Has Stepdown Condition occurred (0=No,1=Yes) | | | | | | | 0 | | |
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| | | | | | 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 | | |
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| | | | | | 60+ days Delinqueny Balance | | | | | | | 12,807,887.48 | | |
| | | | | | Ending Collateral Balance | | | | | | | 1,169,343,254.45 | | |
| | | | | | Delinquency Percentage | | | | | | | 1.0953% | | |
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| | | | | | Senior Enhancement Percentage | | | | | | | 21.3987% | | |
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| | | | | | Cumulative Loss Percentage | | | | | | | 0.0000% | | |
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ADJUSTABLE RATE CERTIFICATE INFORMATION | | |
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SPACE INTENTIONALLY LEFT BLANK | | |
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ADDITIONAL INFORMATION | | |
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SPACE INTENTIONALLY LEFT BLANK | | |
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Page 28 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
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November 25, 2005 Distribution | |
Additional Certificate Report | |
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ADDITIONAL CERTIFICATE REPORT | | |
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| | | | | | | | | | | | | NET WAC Shortfall CarryOver | | NET WAC Shortfall Paid | | |
CLASS | | | | | | | | | | | | | |
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| | | I-A-1 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | II-A-1 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | II-A-2 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | II-A-3 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | II-A-4 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | M-1 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | M-2 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | M-3 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | M-4 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | M-5 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | M-6 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | M-7 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | M-8 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | M-9 | | | | | | | | | | $0.00 | | ####### | | |
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| | | B-1 | | | | | | | | | | $0.00 | | ####### | | |
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| | | B-2 | | | | | | | | | | $0.00 | | ####### | | |
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Page 29 of 29 | | | | | | | | | | | | | | |