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First Franklin Mortgage Loan Trust 2005-FF4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | | | | |
December 27, 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 | 18 | | | | | |
| | | | | | | | 9. Prepayment Detail Report | 21 | | | | | |
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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: | December 27, 2005 | | | | | | | | | | | |
| | | | | | | | Factor Information: | (800) 735-7777 | | | | | |
| | Record Date: | November 30, 2005 | | | | | |
| | Main Phone Number: | (714) 247-6000 | | | | | |
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| | | | | December 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 | | | | |
| | | | | | | | | | | | | | | | | | | | |
December 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 | | |
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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 | 646,699,950.81 | 2,525,722.59 | 14,531,261.95 | 17,056,984.54 | 0.00 | 0.00 | 632,168,688.86 | | |
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II-A-1 | FLT/STEP | $ | 91,800,000.00 | 52,945,203.64 | 201,132.95 | 4,732,124.87 | 4,933,257.82 | 0.00 | 0.00 | 48,213,078.77 | | |
II-A-2 | FLT/STEP | $ | 85,330,000.00 | 85,330,000.00 | 328,710.12 | 0.00 | 328,710.12 | 0.00 | 0.00 | 85,330,000.00 | | |
II-A-3 | FLT/STEP | $ | 92,580,000.00 | 92,580,000.00 | 363,222.20 | 0.00 | 363,222.20 | 0.00 | 0.00 | 92,580,000.00 | | |
II-A-4 | FLT/STEP | $ | 35,513,000.00 | 35,513,000.00 | 141,854.71 | 0.00 | 141,854.71 | 0.00 | 0.00 | 35,513,000.00 | | |
M-1 | FLT/STEP | $ | 66,938,000.00 | 66,938,000.00 | 275,115.18 | 0.00 | 275,115.18 | 0.00 | 0.00 | 66,938,000.00 | | |
M-2 | FLT/STEP | $ | 33,788,000.00 | 33,788,000.00 | 140,370.37 | 0.00 | 140,370.37 | 0.00 | 0.00 | 33,788,000.00 | | |
M-3 | FLT/STEP | $ | 23,588,000.00 | 23,588,000.00 | 100,091.75 | 0.00 | 100,091.75 | 0.00 | 0.00 | 23,588,000.00 | | |
M-4 | FLT/STEP | $ | 22,950,000.00 | 22,950,000.00 | 98,812.50 | 0.00 | 98,812.50 | 0.00 | 0.00 | 22,950,000.00 | | |
M-5 | FLT/STEP | $ | 23,588,000.00 | 23,588,000.00 | 102,188.46 | 0.00 | 102,188.46 | 0.00 | 0.00 | 23,588,000.00 | | |
M-6 | FLT/STEP | $ | 16,575,000.00 | 16,575,000.00 | 79,467.92 | 0.00 | 79,467.92 | 0.00 | 0.00 | 16,575,000.00 | | |
M-7 | FLT/STEP | $ | 15,300,000.00 | 15,300,000.00 | 74,715.00 | 0.00 | 74,715.00 | 0.00 | 0.00 | 15,300,000.00 | | |
M-8 | FLT/STEP | $ | 14,663,000.00 | 14,663,000.00 | 77,469.52 | 0.00 | 77,469.52 | 0.00 | 0.00 | 14,663,000.00 | | |
M-9 | FLT/STEP | $ | 12,113,000.00 | 12,113,000.00 | 77,455.90 | 0.00 | 77,455.90 | 0.00 | 0.00 | 12,113,000.00 | | |
B-1 | FLT/STEP | $ | 9,563,000.00 | 9,563,000.00 | 61,150.08 | 0.00 | 61,150.08 | 0.00 | 0.00 | 9,563,000.00 | | |
B-2 | FLT/STEP | $ | 10,834,000.00 | 10,834,000.00 | 64,462.29 | 0.00 | 64,462.29 | 0.00 | 0.00 | 10,834,000.00 | | |
C | EXE | $ | 6,374,900.00 | 6,375,000.00 | 1,346,226.07 | 0.00 | 1,346,226.07 | 0.00 | 0.00 | 6,375,000.00 | | |
P | EXE | $ | 100.00 | 100.00 | 315,798.54 | 0.00 | 315,798.54 | 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 | 1,169,343,254.45 | 6,373,966.15 | 19,263,386.82 | 25,637,352.97 | 0.00 | 0.00 | 1,150,079,867.63 | | |
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Page 2 of 29 | | | | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FF4 | | | | |
| | | | | | | | | | | | | | | | | | | | |
December 27, 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 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NQX2 | 713,502,000.00 | 906.374405 | 3.539896 | 20.366112 | 23.906008 | 886.008293 |
II-A-1 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NQY0 | 91,800,000.00 | 576.745138 | 2.190991 | 51.548201 | 53.739192 | 525.196936 |
II-A-2 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NQZ7 | 85,330,000.00 | 1,000.000000 | 3.852222 | 0.000000 | 3.852222 | 1,000.000000 |
II-A-3 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NRA1 | 92,580,000.00 | 1,000.000000 | 3.923333 | 0.000000 | 3.923333 | 1,000.000000 |
II-A-4 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NRB9 | 35,513,000.00 | 1,000.000000 | 3.994445 | 0.000000 | 3.994445 | 1,000.000000 |
M-1 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NRC7 | 66,938,000.00 | 1,000.000000 | 4.110000 | 0.000000 | 4.110000 | 1,000.000000 |
M-2 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NRD5 | 33,788,000.00 | 1,000.000000 | 4.154444 | 0.000000 | 4.154444 | 1,000.000000 |
M-3 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NRE3 | 23,588,000.00 | 1,000.000000 | 4.243333 | 0.000000 | 4.243333 | 1,000.000000 |
M-4 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NRF0 | 22,950,000.00 | 1,000.000000 | 4.305556 | 0.000000 | 4.305556 | 1,000.000000 |
M-5 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NRG8 | 23,588,000.00 | 1,000.000000 | 4.332222 | 0.000000 | 4.332222 | 1,000.000000 |
M-6 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NRH6 | 16,575,000.00 | 1,000.000000 | 4.794445 | 0.000000 | 4.794445 | 1,000.000000 |
M-7 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NRJ2 | 15,300,000.00 | 1,000.000000 | 4.883333 | 0.000000 | 4.883333 | 1,000.000000 |
M-8 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NRK9 | 14,663,000.00 | 1,000.000000 | 5.283334 | 0.000000 | 5.283334 | 1,000.000000 |
M-9 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NRL7 | 12,113,000.00 | 1,000.000000 | 6.394444 | 0.000000 | 6.394444 | 1,000.000000 |
B-1 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NRM5 | 9,563,000.00 | 1,000.000000 | 6.394445 | 0.000000 | 6.394445 | 1,000.000000 |
B-2 | 11/25/05 | 12/26/05 | A-Act/360 | 32027NRN3 | 10,834,000.00 | 1,000.000000 | 5.949999 | 0.000000 | 5.949999 | 1,000.000000 |
C | 11/01/05 | 11/30/05 | A-30/360 | | 6,374,900.00 | 1,000.015687 | 211.176029 | 0.000000 | 211.176029 | 1,000.015687 |
P | 11/01/05 | 11/30/05 | A-30/360 | | 100.00 | 1,000.000000 | 3,157,985.400000 | 0.000000 | 3,157,985.400000 | 1,000.000000 |
R | 11/01/05 | 11/30/05 | 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 | | | | |
| | | | | | | | | | | | | | | | | | | | |
December 27, 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 | 17,554,867.45 | 79,438,080.03 | 1,895,231.11 | 81,333,311.14 | 98,888,178.59 | 0.00 | 0.00 | 632,168,688.86 | | |
II-A-1 | 91,800,000.00 | 1,815,527.95 | 42,483,894.62 | 1,103,026.61 | 43,586,921.23 | 45,402,449.18 | 0.00 | 0.00 | 48,213,078.77 | | |
II-A-2 | 85,330,000.00 | 2,146,583.14 | 0.00 | 0.00 | 0.00 | 2,146,583.14 | 0.00 | 0.00 | 85,330,000.00 | | |
II-A-3 | 92,580,000.00 | 2,378,959.18 | 0.00 | 0.00 | 0.00 | 2,378,959.18 | 0.00 | 0.00 | 92,580,000.00 | | |
II-A-4 | 35,513,000.00 | 931,728.09 | 0.00 | 0.00 | 0.00 | 931,728.09 | 0.00 | 0.00 | 35,513,000.00 | | |
M-1 | 66,938,000.00 | 1,814,940.46 | 0.00 | 0.00 | 0.00 | 1,814,940.46 | 0.00 | 0.00 | 66,938,000.00 | | |
M-2 | 33,788,000.00 | 927,522.98 | 0.00 | 0.00 | 0.00 | 927,522.98 | 0.00 | 0.00 | 33,788,000.00 | | |
M-3 | 23,588,000.00 | 663,442.08 | 0.00 | 0.00 | 0.00 | 663,442.08 | 0.00 | 0.00 | 23,588,000.00 | | |
M-4 | 22,950,000.00 | 656,341.41 | 0.00 | 0.00 | 0.00 | 656,341.41 | 0.00 | 0.00 | 22,950,000.00 | | |
M-5 | 23,588,000.00 | 679,363.98 | 0.00 | 0.00 | 0.00 | 679,363.98 | 0.00 | 0.00 | 23,588,000.00 | | |
M-6 | 16,575,000.00 | 535,559.04 | 0.00 | 0.00 | 0.00 | 535,559.04 | 0.00 | 0.00 | 16,575,000.00 | | |
M-7 | 15,300,000.00 | 504,689.68 | 0.00 | 0.00 | 0.00 | 504,689.68 | 0.00 | 0.00 | 15,300,000.00 | | |
M-8 | 14,663,000.00 | 528,216.30 | 0.00 | 0.00 | 0.00 | 528,216.30 | 0.00 | 0.00 | 14,663,000.00 | | |
M-9 | 12,113,000.00 | 538,559.18 | 0.00 | 0.00 | 0.00 | 538,559.18 | 0.00 | 0.00 | 12,113,000.00 | | |
B-1 | 9,563,000.00 | 425,182.98 | 0.00 | 0.00 | 0.00 | 425,182.98 | 0.00 | 0.00 | 9,563,000.00 | | |
B-2 | 10,834,000.00 | 445,128.47 | 0.00 | 0.00 | 0.00 | 445,128.47 | 0.00 | 0.00 | 10,834,000.00 | | |
C | 6,374,900.00 | 14,115,278.68 | 0.00 | 0.00 | 0.00 | 14,115,278.68 | 0.00 | 100.00 | 6,375,000.00 | | |
P | 100.00 | 1,793,190.28 | 0.00 | 0.00 | 0.00 | 1,793,190.28 | 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 | 48,455,081.33 | 121,921,974.65 | 2,998,257.72 | 124,920,232.37 | 173,375,313.70 | 0.00 | 100.00 | 1,150,079,867.63 | | |
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Page 4 of 29 | | | | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FF4 | | | | |
| | | | | | | | | | | | | | | | | | | | |
December 27, 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 | 4.39375% | 646,699,950.81 | 2,525,722.59 | 0.00 | 0.00 | 0.00 | 2,525,722.59 | 2,525,722.59 | 0.00 | | |
II-A-1 | 4.27375% | 52,945,203.64 | 201,132.95 | 0.00 | 0.00 | 0.00 | 201,132.95 | 201,132.95 | 0.00 | | |
II-A-2 | 4.33375% | 85,330,000.00 | 328,710.12 | 0.00 | 0.00 | 0.00 | 328,710.12 | 328,710.12 | 0.00 | | |
II-A-3 | 4.41375% | 92,580,000.00 | 363,222.20 | 0.00 | 0.00 | 0.00 | 363,222.20 | 363,222.20 | 0.00 | | |
II-A-4 | 4.49375% | 35,513,000.00 | 141,854.71 | 0.00 | 0.00 | 0.00 | 141,854.71 | 141,854.71 | 0.00 | | |
M-1 | 4.62375% | 66,938,000.00 | 275,115.18 | 0.00 | 0.00 | 0.00 | 275,115.18 | 275,115.18 | 0.00 | | |
M-2 | 4.67375% | 33,788,000.00 | 140,370.37 | 0.00 | 0.00 | 0.00 | 140,370.37 | 140,370.37 | 0.00 | | |
M-3 | 4.77375% | 23,588,000.00 | 100,091.75 | 0.00 | 0.00 | 0.00 | 100,091.75 | 100,091.75 | 0.00 | | |
M-4 | 4.84375% | 22,950,000.00 | 98,812.50 | 0.00 | 0.00 | 0.00 | 98,812.50 | 98,812.50 | 0.00 | | |
M-5 | 4.87375% | 23,588,000.00 | 102,188.46 | 0.00 | 0.00 | 0.00 | 102,188.46 | 102,188.46 | 0.00 | | |
M-6 | 5.39375% | 16,575,000.00 | 79,467.92 | 0.00 | 0.00 | 0.00 | 79,467.92 | 79,467.92 | 0.00 | | |
M-7 | 5.49375% | 15,300,000.00 | 74,715.00 | 0.00 | 0.00 | 0.00 | 74,715.00 | 74,715.00 | 0.00 | | |
M-8 | 5.89131% | 14,663,000.00 | 76,785.97 | 0.00 | 0.00 | 0.00 | 76,785.97 | 77,469.52 | 0.00 | | |
M-9 | 5.89131% | 12,113,000.00 | 63,432.34 | 0.00 | 0.00 | 0.00 | 63,432.34 | 77,455.90 | 0.00 | | |
B-1 | 5.89131% | 9,563,000.00 | 50,078.72 | 0.00 | 0.00 | 0.00 | 50,078.72 | 61,150.08 | 0.00 | | |
B-2 | 5.89131% | 10,834,000.00 | 56,734.58 | 0.00 | 0.00 | 0.00 | 56,734.58 | 64,462.29 | 0.00 | | |
C | 253.40726% | 6,375,000.00 | 1,346,226.07 | 0.00 | 0.00 | 0.00 | 1,346,226.07 | 1,346,226.07 | 0.00 | | |
P | 0.00000% | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 315,798.54 | 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 | | 1,169,343,254.45 | 6,024,661.43 | 0.00 | 0.00 | 0.00 | 6,024,661.43 | 6,373,966.15 | 0.00 | | |
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Page 5 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Collection Account Report | |
SUMMARY | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Principal Collections | | | | | 4,716,071.12 | 14,481,964.61 | 19,198,035.73 | | |
Principal Withrawals | | | | | 0.00 | 0.00 | 0.00 | | |
Principal Other Accounts | | | | | 0.00 | 0.00 | 0.00 | | |
TOTAL NET PRINCIPAL | | | | | 4,716,071.12 | 14,481,964.61 | 19,198,035.73 | | |
Interest Collections | | | | | 1,796,768.16 | 4,670,316.71 | 6,467,084.86 | | |
Interest Withdrawals | | | | | -0.00 | -0.00 | -0.00 | | |
Interest Other Accounts | | | | | 0.00 | 0.00 | 315,798.54 | | |
Interest Fees | | | | | -103,189.34 | -240,376.82 | -343,566.16 | | |
TOTAL NET INTEREST | | | | | 1,693,578.82 | 4,429,939.89 | 6,439,317.24 | | |
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION | | | | | 6,409,649.94 | 18,911,904.50 | 25,637,352.97 | | |
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PRINCIPAL - COLLECTIONS | | |
| |
| | | | | | | | | | | Group 2 | Group 1 | Total | |
Scheduled Principal Received | | | | | 73,277.46 | 345,402.74 | 418,680.20 | |
Curtailments | | | | | 1,164.98 | 20,474.98 | 21,639.96 | |
Prepayments In Full | | | | | 4,641,628.68 | 13,839,168.41 | ####### | | |
Repurchased/Substitutions | | | | | 0.00 | 0.00 | 0.00 | |
Liquidations | | | | | 0.00 | 342,269.57 | 342,269.57 | |
Other Additional Principal | | | | | 0.00 | 0.00 | 0.00 | |
Delinquent Principal | | | | | -18,831.65 | -106,518.49 | -125,350.14 | |
Realized Losses | | | | | -0.00 | -65,351.09 | -65,351.09 | |
Advanced Principal | | | | | 18,831.65 | 106,518.49 | 125,350.14 | |
TOTAL PRINCIPAL COLLECTED | | | | | 4,716,071.12 | 14,481,964.61 | 19,198,035.73 | |
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PRINCIPAL - WITHDRAWALS | | |
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SPACE INTENTIONALLY LEFT BLANK | | |
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PRINCIPAL - OTHER ACCOUNTS | | |
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| | | | | | | | | | 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 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
INTEREST - COLLECTIONS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Scheduled Interest | | | | | 1,836,558.75 | 4,772,020.01 | 6,608,578.76 | | |
Repurchased/Substitution Interest | | | | | 0.00 | 0.00 | 0.00 | | |
Liquidation Interest | | | | | 0.00 | 2,166.30 | 2,166.30 | | |
Other Additional Interest | | | | | 0.00 | 0.00 | 0.00 | | |
Prepayment Interest Shortfalls | | | | | -2,323.43 | -12,415.00 | -14,738.43 | | |
Delinquent Interest | | | | | -522,438.49 | -1,480,145.67 | -2,002,584.16 | | |
Compensating Interest | | | | | 2,323.43 | 12,414.99 | 14,738.42 | | |
Civil Relief Act Shortfalls | | | | | -0.00 | -0.00 | -0.00 | | |
Interest Advanced | | | | | 482,647.90 | 1,376,276.07 | 1,858,923.97 | | |
TOTAL INTEREST COLLECTED | | | | | 1,796,768.16 | 4,670,316.71 | 6,467,084.86 | | |
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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 | | | | | | | | | 315,798.54 | | |
TOTAL INTEREST OTHER ACCOUNTS | | | | | 0.00 | 0.00 | 315,798.54 | | |
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INTEREST - FEES | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Current Servicing Fees | | | | | 103,189.34 | 240,376.82 | 343,566.16 | | |
Trustee Fees | | | | | 0.00 | 0.00 | 0.00 | | |
TOTAL INTEREST FEES | | | | | 103,189.34 | 240,376.82 | 343,566.16 | | |
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Page 7 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Credit Enhancement Report | |
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ACCOUNTS | | |
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RESERVE | | | | | | |
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Amount Deposited in the Account | 33,506.18 | | |
Amount Withdrawn | 33,506.18 | | |
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 | | | | | | | | | 65,351.09 | | |
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 | |
| | | | | | | | | | | | | | | | | |
December 27, 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 | | | | | 752 | 5,309 | 6,061 | | |
Prefunding | | | | | 0 | 0 | 0 | | |
Scheduled Paid Offs | | | | | -0 | -0 | -0 | | |
Full Voluntary Prepayments | | | | | -11 | -80 | -91 | | |
Repurchases | | | | | -0 | -0 | -0 | | |
Liquidations | | | | | -0 | -3 | -3 | | |
Current | | | | | 741 | 5,226 | 5,967 | | |
Principal Balance: | | | | | | | | | | | | | | |
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Original | | | | | 202,276,785.92 | 557,412,462.56 | 759,689,248.48 | | |
Prior | | | | | 343,151,838.40 | 826,191,416.05 | 1,169,343,254.45 | | |
Prefunding | | | | | 0.00 | 0.00 | 0.00 | | |
Scheduled Principal | | | | | -73,277.46 | -345,402.74 | -418,680.20 | | |
Partial Prepayments | | | | | -1,164.98 | -20,474.98 | -21,639.96 | | |
Full Voluntary Prepayments | | | | | -4,641,628.68 | -13,839,168.41 | -18,480,797.09 | | |
Repurchases | | | | | -0.00 | -0.00 | -0.00 | | |
Liquidations | | | | | -0.00 | -342,269.57 | -342,269.57 | | |
Current | | | | | 338,435,767.28 | 811,644,100.35 | 1,150,079,867.63 | | |
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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 | |
| | | | | | | | | | | | | | | | | |
December 27, 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 | | | | | 6.43392% | 6.93763% | 6.78927% | | |
Weighted Average Coupon Current | | | | | 6.42244% | 6.93497% | 6.78457% | | |
Weighted Average Months to Maturity Original | | | | | 358 | 356 | 357 | | |
Weighted Average Months to Maturity Prior | | | | | 353 | 351 | 351 | | |
Weighted Average Months to Maturity Current | | | | | 352 | 350 | 350 | | |
Weighted Avg Remaining Amortization Term Original | | | | | 358 | 356 | 357 | | |
Weighted Avg Remaining Amortization Term Prior | | | | | 353 | 351 | 351 | | |
Weighted Avg Remaining Amortization Term Current | | | | | 352 | 350 | 351 | | |
Weighted Average Seasoning Original | | | | | 2.19 | 2.19 | 2.19 | | |
Weighted Average Seasoning Prior | | | | | 6.68 | 7.02 | 6.92 | | |
Weighted Average Seasoning Current | | | | | 7.68 | 8.02 | 7.92 | | |
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Page 10 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
ARM CHARACTERISTICS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Weighted Average Margin Original | | | | | 5.55112% | 5.78001% | 5.71611% | | |
Weighted Average Margin Prior | | | | | 5.52655% | 5.77635% | 5.69906% | | |
Weighted Average Margin Current | | | | | 5.53169% | 5.77671% | 5.70110% | | |
Weighted Average Max Rate Original | | | | | 12.52761% | 12.82550% | 12.74234% | | |
Weighted Average Max Rate Prior | | | | | 12.42422% | 12.87259% | 12.73387% | | |
Weighted Average Max Rate Current | | | | | 12.41203% | 12.86842% | 12.72758% | | |
Weighted Average Min Rate Original | | | | | 6.52761% | 6.82550% | 6.74234% | | |
Weighted Average Min Rate Prior | | | | | 6.42422% | 6.87259% | 6.73387% | | |
Weighted Average Min Rate Current | | | | | 6.41203% | 6.86842% | 6.72758% | | |
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 | | |
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| | | | | | | | | | | Group 2 | Group 1 | Total | |
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Current Servicing Fees | | | | | 103,189.34 | 240,376.82 | 343,566.16 | | |
Delinquent Servicing Fees | | | | | 39,790.59 | 103,869.60 | 143,660.19 | | |
TOTAL SERVICING FEES | | | | | 142,979.93 | 344,246.43 | 487,226.36 | | |
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Total Servicing Fees | | | | | 142,979.93 | 344,246.43 | 487,226.36 | | |
Compensating Interest | | | | | -2,323.43 | -12,414.99 | -14,738.42 | | |
Delinquent Servicing Fees | | | | | -39,790.59 | -103,869.60 | -143,660.19 | | |
COLLECTED SERVICING FEES | | | | | 100,865.92 | 227,961.83 | 328,827.75 | | |
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Total Advaced Interest | | | | | 482,647.90 | 1,376,276.07 | 1,858,923.97 | | |
Total Advaced Principal | | | | | 18,831.65 | 106,518.49 | 125,350.14 | | |
Aggregate Advances with respect to this Distribution | | | | | 501,479.55 | 1,482,794.55 | 1,984,274.10 | | |
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ADDITIONAL COLLATERAL INFORMATION | | |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Prepayment Interest Shortfall (PPIS) | | | | | 2,323.43 | 12,415.00 | 14,738.43 | | |
Compensating Interest | | | | | -2,323.43 | -12,414.99 | -14,738.42 | | |
Net Prepayment Interest Shortfall (PPIS) | | | | | 0.00 | 0.00 | 0.00 | | |
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Weighted Average Net Mortgage Rate | | | | | 5.922435% | 6.434257% | 6.608137% | | |
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Libor For Current Period | | | | | | | | | 4.193750% | | |
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Libor For Next Period | | | | | | | | | 4.378750% | | |
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Page 11 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Delinquency Report | |
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| TOTAL | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 13,178,662.21 | 2,129,008.81 | 1,677,946.84 | 16,985,617.86 | | | |
| % Balance | | | 1.15% | 0.19% | 0.15% | 1.48% | | | |
| # Loans | | | 78 | 16 | 11 | 105 | | | |
| % # Loans | | | 1.31% | 0.27% | 0.18% | 1.76% | | | |
| FORECLOSURE | Balance | 0.00 | 0.00 | 3,947,220.34 | 8,287,240.81 | 12,234,461.15 | | | |
| % Balance | 0.00% | 0.00% | 0.34% | 0.72% | 1.06% | | | |
| # Loans | 0 | 0 | 20 | 39 | 59 | | | |
| % # Loans | 0.00% | 0.00% | 0.34% | 0.65% | 0.99% | | | |
| BANKRUPTCY | Balance | 4,281,263.23 | 1,098,233.56 | 778,876.88 | 791,707.06 | 6,950,080.73 | | | |
| % Balance | 0.37% | 0.10% | 0.07% | 0.07% | 0.60% | | | |
| # Loans | 32 | 5 | 7 | 5 | 49 | | | |
| % # Loans | 0.54% | 0.08% | 0.12% | 0.08% | 0.82% | | | |
| 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 | 4,281,263.23 | 14,276,895.77 | 6,855,106.03 | 10,756,894.71 | 36,170,159.74 | | | |
| % Balance | 0.37% | 1.24% | 0.60% | 0.94% | 3.15% | | | |
| # Loans | 32 | 83 | 43 | 55 | 213 | | | |
| % # Loans | 0.54% | 1.39% | 0.72% | 0.92% | 3.57% | | | |
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Page 12 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
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| GROUP 1 | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 9,905,517.15 | 2,129,008.81 | 1,105,948.84 | 13,140,474.80 | | | |
| % Balance | | | 1.22% | 0.26% | 0.14% | 1.62% | | | |
| # Loans | | | 70 | 16 | 10 | 96 | | | |
| % # Loans | | | 1.34% | 0.31% | 0.19% | 1.84% | | | |
| FORECLOSURE | Balance | 0.00 | 0.00 | 2,588,220.34 | 6,099,350.85 | 8,687,571.19 | | | |
| % Balance | 0.00% | 0.00% | 0.32% | 0.75% | 1.07% | | | |
| # Loans | 0 | 0 | 17 | 34 | 51 | | | |
| % # Loans | 0.00% | 0.00% | 0.33% | 0.65% | 0.98% | | | |
| BANKRUPTCY | Balance | 4,281,263.23 | 1,098,233.56 | 778,876.88 | 791,707.06 | 6,950,080.73 | | | |
| % Balance | 0.53% | 0.14% | 0.10% | 0.10% | 0.86% | | | |
| # Loans | 32 | 5 | 7 | 5 | 49 | | | |
| % # Loans | 0.61% | 0.10% | 0.13% | 0.10% | 0.94% | | | |
| 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 | 4,281,263.23 | 11,003,750.71 | 5,496,106.03 | 7,997,006.75 | 28,778,126.72 | | | |
| % Balance | 0.53% | 1.36% | 0.68% | 0.99% | 3.55% | | | |
| # Loans | 32 | 75 | 40 | 49 | 196 | | | |
| % # Loans | 0.61% | 1.44% | 0.77% | 0.94% | 3.75% | | | |
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Page 13 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
| GROUP 2 | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 3,273,145.06 | 0.00 | 571,998.00 | 3,845,143.06 | | | |
| % Balance | | | 0.97% | 0.00% | 0.17% | 1.14% | | | |
| # Loans | | | 8 | 0 | 1 | 9 | | | |
| % # Loans | | | 1.08% | 0.00% | 0.13% | 1.21% | | | |
| FORECLOSURE | Balance | 0.00 | 0.00 | 1,359,000.00 | 2,187,889.96 | 3,546,889.96 | | | |
| % Balance | 0.00% | 0.00% | 0.40% | 0.65% | 1.05% | | | |
| # Loans | 0 | 0 | 3 | 5 | 8 | | | |
| % # Loans | 0.00% | 0.00% | 0.40% | 0.67% | 1.08% | | | |
| 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 | 3,273,145.06 | 1,359,000.00 | 2,759,887.96 | 7,392,033.02 | | | |
| % Balance | 0.00% | 0.97% | 0.40% | 0.82% | 2.18% | | | |
| # Loans | 0 | 8 | 3 | 6 | 17 | | | |
| % # Loans | 0.00% | 1.08% | 0.40% | 0.81% | 2.29% | | | |
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Page 14 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
REO Report | |
Loan Number | Original | Stated | | Current | State & | | | |
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| | | | | | | | | | | | | | First | | |
& | Principal | Principal | Paid to | Note | LTV at | Original | Payment | |
| | | | | | | | | | | | | | | | | |
Loan Group | Balance | Balance | Date | Rate | Origination | Term | Date | |
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TOTAL | | | | | | | | | | | | | | | |
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Page 15 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 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 | |
34835496 1 | |
112,000.00 | 111,269.83 | 01-Aug-2005 | 7.750% | ME - 79.55% | 360 | | 01-Apr-2005 | |
| | | | | | | | | | | | | | | | | |
35808534 1 | 172,000.00 | 170,878.78 | 01-Jun-2005 | 7.750% | SC - 99.93% | 360 | | 01-Apr-2005 | |
35808724 1 | 152,800.00 | 152,800.00 | 01-Aug-2005 | 6.250% | NC - 80.00% | 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 | 156,163.11 | 01-Mar-2005 | 7.625% | MI - 84.49% | 360 | | 01-Sep-2004 | |
4000165817 1 | 315,000.00 | 315,000.00 | 01-Jun-2005 | 8.375% | NY - 90.00% | 360 | | 01-Apr-2005 | |
4000200451 1 | 170,050.00 | 170,050.00 | 01-Jul-2005 | 7.750% | MI - 95.00% | 360 | | 01-Dec-2004 | |
4000230945 1 | 228,800.00 | 226,845.87 | 01-Aug-2005 | 7.000% | FL - 79.87% | 360 | | 01-Mar-2005 | |
4000234039 1 | 295,200.00 | 295,200.00 | 01-Jul-2005 | 9.000% | NH - 90.00% | 360 | | 01-Mar-2005 | |
4000237370 1 | 77,200.00 | 77,200.00 | 01-Jun-2005 | 6.500% | KY - 79.92% | 360 | | 01-Mar-2005 | |
4000251659 1 | 51,200.00 | 50,794.23 | 01-May-2005 | 6.750% | AL - 79.93% | 360 | | 01-Apr-2005 | |
4000253009 1 | 60,000.00 | 59,512.05 | 01-May-2005 | 6.625% | OH - 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 | 44,507.94 | 01-May-2005 | 7.750% | IN - 79.94% | 360 | | 01-Apr-2005 | |
4000256531 1 | 33,300.00 | 33,300.00 | 01-May-2005 | 8.250% | IN - 90.00% | 360 | | 01-Jun-2005 | |
4000256538 1 | 348,000.00 | ####### | | 01-Jul-2005 | 6.750% | CA - 80.00% | 360 | | 01-Mar-2005 | |
4000256735 1 | 238,400.00 | 236,807.01 | 01-Jul-2005 | 7.625% | MA - 79.94% | 360 | | 01-Apr-2005 | |
4000257010 1 | 459,000.00 | 456,359.50 | 01-Jun-2005 | 8.375% | NY - 89.94% | 360 | | 01-Apr-2005 | |
4000258755 1 | 212,400.00 | 212,400.00 | 01-Aug-2005 | 6.750% | MA - 80.00% | 360 | | 01-Apr-2005 | |
4000260232 1 | 114,000.00 | 113,392.17 | 01-Aug-2005 | 8.750% | OH - 99.94% | 360 | | 01-Apr-2005 | |
4000260331 1 | 123,000.00 | 122,344.23 | 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 | 86,395.59 | 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 | 153,747.66 | 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 | 343,797.08 | 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 | |
4000267826 1 | 66,000.00 | 65,600.72 | 01-Aug-2005 | 8.125% | TN - 99.93% | 360 | | 01-Apr-2005 | |
4000268329 1 | 92,700.00 | 92,700.00 | 01-Aug-2005 | 5.875% | NC - 79.23% | 360 | | 01-Apr-2005 | |
4000269851 1 | 116,000.00 | 115,994.43 | 01-Aug-2005 | 6.875% | WI - 80.00% | 360 | | 01-Apr-2005 | |
4000270286 1 | 148,750.00 | 148,750.00 | 01-Apr-2005 | 8.375% | CO - 85.00% | 360 | | 01-Apr-2005 | |
4000270390 1 | 317,600.00 | 317,507.38 | 01-Aug-2005 | 6.999% | CO - 80.00% | 360 | | 01-Apr-2005 | |
4000271438 1 | 69,900.00 | 69,900.00 | 01-Aug-2005 | 7.750% | NC - 100.00% | 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 | 171,724.94 | 01-Jun-2005 | 7.125% | OH - 84.32% | 360 | | 01-Apr-2005 | |
4000275754 1 | 138,400.00 | 137,541.61 | 01-Aug-2005 | 8.000% | KS - 79.95% | 360 | | 01-Apr-2005 | |
4000275774 1 | 167,300.00 | 167,300.00 | 01-Aug-2005 | 7.125% | MD - 80.00% | 360 | | 01-Apr-2005 | |
4000279572 1 | 103,100.00 | 103,096.04 | 01-Aug-2005 | 6.625% | SC - 79.98% | 360 | | 01-Apr-2005 | |
4000321032 1 | 350,000.00 | 348,800.71 | 01-Jul-2005 | 8.875% | CA - 99.94% | 360 | | 01-Jul-2005 | |
4000322612 1 | 136,800.00 | 135,955.41 | 01-Aug-2005 | 8.999% | MI - 99.74% | 360 | | 01-Jun-2005 | |
4000331682 1 | 135,000.00 | 134,487.66 | 01-Jun-2005 | 8.375% | IN - 89.94% | 360 | | 01-Jul-2005 | |
4000333342 1 | 76,000.00 | 75,664.71 | 01-Jun-2005 | 7.625% | IN - 94.93% | 360 | | 01-Jul-2005 | |
4000335365 1 | 163,000.00 | 162,186.00 | 01-Aug-2005 | 7.000% | ME - 79.45% | 360 | | 01-Jul-2005 | |
4000335938 1 | 243,900.00 | 243,900.00 | 01-Jun-2005 | 7.375% | CO - 90.00% | 360 | | 01-Jul-2005 | |
4000339151 1 | 33,600.00 | 33,481.88 | 01-Jul-2005 | 8.750% | IL - 79.95% | 360 | | 01-Jul-2005 | |
4000341306 1 | 180,000.00 | 178,911.09 | 01-Jul-2005 | 5.999% | OH - 87.72% | 360 | | 01-Jul-2005 | |
4000343114 1 | 140,250.00 | 139,781.67 | 01-Aug-2005 | 9.000% | IN - 84.95% | 360 | | 01-Jul-2005 | |
4000349379 1 | 240,000.00 | 238,936.21 | 01-Jul-2005 | 8.125% | NJ - 54.88% | 360 | | 01-Jul-2005 | |
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Page 16 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
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 | |
4000352777 1 | |
304,000.00 | 304,000.00 | 01-Jul-2005 | 8.250% | MN - 93.54% | 360 | | 01-Jul-2005 | |
| | | | | | | | | | | | | | | | | |
4000361383 1 | 263,950.00 | 263,949.21 | 01-Aug-2005 | 6.875% | MD - 79.99% | 360 | | 01-Jul-2005 | |
35830801 2 | 464,000.00 | 460,743.10 | 01-Mar-2005 | 7.375% | IL - 79.94% | 360 | | 01-Apr-2005 | |
4000244601 2 | 437,000.00 | 437,000.00 | 01-Aug-2005 | 6.625% | MO - 84.85% | 360 | | 01-Apr-2005 | |
4000254790 2 | 410,000.00 | 407,457.05 | 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 | |
4000262625 2 | 410,000.00 | 410,000.00 | 01-Aug-2005 | 7.250% | MN - 100.00% | 360 | | 01-Apr-2005 | |
4000267574 2 | 438,000.00 | 435,283.35 | 01-May-2005 | 8.000% | NJ - 99.93% | 360 | | 01-Apr-2005 | |
4000268582 2 | 499,000.00 | 496,406.46 | 01-Apr-2005 | 8.875% | NY - 99.94% | 360 | | 01-Apr-2005 | |
4000329730 2 | 512,000.00 | 512,000.00 | 01-Aug-2005 | 7.250% | NY - 80.00% | 360 | | 01-Jun-2005 | |
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TOTAL | 12,272,245.00 | 12,234,461.15 | | | | | | | | | | | |
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Page 17 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Prepayment Report | |
| | | | | | | | | | | | | | | | | |
VOLUNTARY PREPAYMENTS | | |
| |
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| | | | | | | | | | | Group 2 | Group 1 | Total | |
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Current | | | | | | | | | | | | | | |
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Number of Paid in Full Loans | | | | | 11 | 80 | 91 | | |
Number of Repurchased Loans | | | | | 0 | 0 | 0 | | |
Total Number of Loans Prepaid in Full | | | | | 11 | 80 | 91 | | |
Curtailments Amount | | | | | 1,164.98 | 20,474.98 | 21,639.96 | | |
Paid in Full Balance | | | | | 4,641,628.68 | 13,839,168.41 | 18,480,797.09 | | |
Repurchased Loans Balance | | | | | 0.00 | 0.00 | 0.00 | | |
Total Prepayment Amount | | | | | 4,642,793.66 | 13,859,643.39 | 18,502,437.05 | | |
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Cumulative | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
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Number of Paid in Full Loans | | | | | 88 | 423 | 511 | | |
Number of Repurchased Loans | | | | | 0 | 0 | 0 | | |
Total Number of Loans Prepaid in Full | | | | | 88 | 423 | 511 | | |
Paid in Full Balance | | | | | 42,896,651.36 | 77,704,844.33 | 120,601,495.69 | | |
Repurchased Loans Balance | | | | | 0.00 | 0.00 | 0.00 | | |
Curtailments Amount | | | | | 164,034.01 | 814,074.15 | 978,108.16 | | |
Total Prepayment Amount | | | | | 43,060,685.37 | 78,518,918.48 | 121,579,603.85 | | |
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Page 18 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
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VOLUNTARY PREPAYMENTS RATES | | |
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| | | | | | | | | | | Group 2 | Group 1 | Total | |
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SMM | | | | | 1.35% | 1.72% | 1.61% | | |
3 Months Avg SMM | | | | | 1.76% | 1.81% | 1.80% | | |
12 Months Avg SMM | | | | | 1.86% | 1.24% | 1.41% | | |
Avg SMM Since Cut-off | | | | | 1.86% | 1.24% | 1.41% | | |
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CPR | | | | | 15.08% | 18.79% | 17.72% | | |
3 Months Avg CPR | | | | | 19.23% | 19.69% | 19.56% | | |
12 Months Avg CPR | | | | | 20.21% | 13.94% | 15.65% | | |
Avg CPR Since Cut-off | | | | | 20.21% | 13.94% | 15.65% | | |
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PSA | | | | | 982.62% | 1,171.65% | 1,118.90% | | |
3 Months Avg PSA Approximation | | | | | 1,437.83% | 1,401.66% | 1,411.95% | | |
12 Months Avg PSA Approximation | | | | | 2,123.59% | 1,404.17% | 1,596.10% | | |
Avg PSA Since Cut-off Approximation | | | | | 2,123.59% | 1,404.18% | 1,596.10% | | |
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Page 19 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 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 20 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
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December 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 |
| | |
34369777 1 | | 228,000.00 | 224,787.86 | | 14-Dec-2005 | 6.500% | NJ - 94.30% | Paid Off - 360 | 01-Sep-2004 |
|
35523885 1 | | 210,800.00 | 210,788.27 | | 23-Nov-2005 | 8.375% | NC - 85.00% | Paid Off - 360 | 01-Dec-2004 |
4000164189 1 | | 87,200.00 | 87,197.93 | | 30-Nov-2005 | 7.250% | CA - 80.00% | Paid Off - 360 | 01-Sep-2004 |
4000206665 1 | | 72,000.00 | 71,431.47 | | 30-Nov-2005 | 7.625% | AR - 92.91% | Paid Off - 360 | 01-Feb-2005 |
4000240289 1 | | 217,600.00 | 217,600.00 | | 17-Nov-2005 | 7.000% | CA - 80.00% | Paid Off - 360 | 01-Mar-2005 |
4000243179 1 | | 133,500.00 | 132,751.16 | | 01-Dec-2005 | 8.500% | MA - 39.22% | Paid Off - 360 | 01-Mar-2005 |
4000243214 1 | | 90,000.00 | 89,505.44 | | 01-Dec-2005 | 8.000% | NY - 89.94% | Paid Off - 360 | 01-Apr-2005 |
4000244401 1 | | 291,200.00 | 291,167.86 | | 14-Dec-2005 | 7.625% | CA - 99.99% | Paid Off - 360 | 01-Apr-2005 |
4000245707 1 | | 120,000.00 | 119,306.96 | | 06-Dec-2005 | 7.750% | FL - 79.94% | Paid Off - 360 | 01-Apr-2005 |
4000249274 1 | | 109,600.00 | 108,951.12 | | 29-Nov-2005 | 7.625% | FL - 79.94% | Paid Off - 360 | 01-Apr-2005 |
4000250367 1 | | 74,000.00 | 74,000.00 | | 17-Nov-2005 | 7.500% | FL - 67.27% | Paid Off - 360 | 01-Apr-2005 |
4000250469 1 | | 224,000.00 | 224,000.00 | | 28-Nov-2005 | 6.000% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
4000250875 1 | | 283,000.00 | 282,948.94 | | 21-Nov-2005 | 6.875% | CA - 89.84% | Paid Off - 360 | 01-Mar-2005 |
4000252446 2 | | 550,000.00 | 546,743.64 | | 06-Dec-2005 | 7.625% | MA - 66.38% | Paid Off - 360 | 01-Apr-2005 |
4000253967 1 | | 192,350.00 | 192,349.82 | | 28-Nov-2005 | 6.250% | FL - 79.99% | Paid Off - 360 | 01-Mar-2005 |
4000254198 1 | | 140,000.00 | 138,911.96 | | 05-Dec-2005 | 6.500% | CA - 79.93% | Paid Off - 360 | 01-Apr-2005 |
4000255727 1 | | 232,000.00 | 230,248.02 | | 17-Nov-2005 | 7.000% | MA - 79.87% | Paid Off - 360 | 01-Mar-2005 |
4000257915 2 | | 361,250.00 | 361,250.00 | | 01-Dec-2005 | 7.125% | NJ - 85.00% | Paid Off - 360 | 01-Apr-2005 |
4000257943 1 | | 172,000.00 | 171,998.86 | | 17-Nov-2005 | 6.375% | CA - 55.48% | Paid Off - 360 | 01-Mar-2005 |
4000258621 1 | | 50,000.00 | 49,648.75 | | 08-Dec-2005 | 6.750% | TX - 76.86% | Paid Off - 360 | 01-Apr-2005 |
4000258625 1 | | 203,400.00 | 202,337.04 | | 28-Nov-2005 | 8.250% | GA - 89.94% | Paid Off - 360 | 01-Apr-2005 |
4000258887 1 | | 302,000.00 | 301,996.15 | | 18-Nov-2005 | 7.999% | CA - 74.57% | Paid Off - 360 | 01-Apr-2005 |
4000259165 1 | | 117,000.00 | 116,235.76 | | 29-Nov-2005 | 7.125% | VA - 89.93% | Paid Off - 360 | 01-Apr-2005 |
4000259448 1 | | 191,250.00 | 191,227.23 | | 22-Nov-2005 | 7.500% | CA - 85.00% | Paid Off - 360 | 01-Mar-2005 |
4000259702 1 | | 163,000.00 | 162,058.61 | | 07-Dec-2005 | 7.750% | MI - 99.93% | Paid Off - 360 | 01-Apr-2005 |
4000260971 1 | | 126,000.00 | 125,216.29 | | 12-Dec-2005 | 7.375% | CA - 62.95% | Paid Off - 360 | 01-Apr-2005 |
4000262327 2 | | 569,800.00 | 566,493.81 | | 21-Nov-2005 | 7.125% | CA - 99.99% | Paid Off - 360 | 01-Apr-2005 |
4000262678 1 | | 104,984.00 | 104,377.64 | | 05-Dec-2005 | 7.750% | IL - 79.94% | Paid Off - 360 | 01-Apr-2005 |
4000262709 1 | | 114,240.00 | 113,529.42 | | 06-Dec-2005 | 7.375% | WI - 84.94% | Paid Off - 360 | 01-Apr-2005 |
4000262711 1 | | 210,400.00 | 210,399.82 | | 01-Dec-2005 | 5.999% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
4000263012 1 | | 92,000.00 | 91,372.49 | | 09-Dec-2005 | 7.625% | FL - 79.94% | Paid Off - 360 | 01-Apr-2005 |
4000263193 1 | | 263,150.00 | 261,345.48 | | 30-Nov-2005 | 6.875% | CA - 94.92% | Paid Off - 360 | 01-Apr-2005 |
4000263292 2 | | 496,950.00 | 496,823.42 | | 17-Nov-2005 | 6.500% | CA - 99.99% | Paid Off - 360 | 01-Apr-2005 |
4000263560 1 | | 156,000.00 | 156,000.00 | | 02-Dec-2005 | 6.375% | FL - 80.00% | Paid Off - 360 | 01-Apr-2005 |
4000263778 1 | | 233,500.00 | 233,500.00 | | 02-Dec-2005 | 7.500% | CA - 78.89% | Paid Off - 360 | 01-Apr-2005 |
4000263895 2 | | 365,000.00 | 365,000.00 | | 29-Nov-2005 | 6.500% | CA - 79.35% | Paid Off - 360 | 01-Apr-2005 |
4000264493 1 | | 216,000.00 | 216,000.00 | | 13-Dec-2005 | 8.000% | MN - 90.00% | Paid Off - 360 | 01-Apr-2005 |
4000265309 2 | | 410,000.00 | 410,000.00 | | 02-Dec-2005 | 6.875% | CA - 84.54% | Paid Off - 360 | 01-Apr-2005 |
4000265442 1 | | 205,900.00 | 204,555.02 | | 18-Nov-2005 | 7.125% | CA - 70.22% | Paid Off - 360 | 01-Apr-2005 |
4000266480 1 | | 152,000.00 | 151,823.78 | | 28-Nov-2005 | 6.625% | WA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
4000266542 1 | | 177,800.00 | 177,800.00 | | 21-Nov-2005 | 5.750% | CA - 74.08% | Paid Off - 360 | 01-Apr-2005 |
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Page 21 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 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 |
| | |
4000267598 1 | | 302,000.00 | 302,000.00 | | 28-Nov-2005 | 7.999% | ME - 100.00% | Paid Off - 360 | 01-Apr-2005 |
|
4000268291 1 | | 110,000.00 | 109,281.48 | | 17-Nov-2005 | 7.125% | ID - 83.27% | Paid Off - 360 | 01-Apr-2005 |
4000269249 1 | | 205,200.00 | 204,014.82 | | 29-Nov-2005 | 7.750% | OR - 89.94% | Paid Off - 360 | 01-Apr-2005 |
4000269314 1 | | 133,150.00 | 133,150.00 | | 28-Nov-2005 | 6.875% | AZ - 79.99% | Paid Off - 360 | 01-Jul-2005 |
4000269319 1 | | 120,000.00 | 119,156.98 | | 28-Nov-2005 | 6.750% | FL - 52.27% | Paid Off - 360 | 01-Apr-2005 |
4000269417 1 | | 164,000.00 | 164,000.00 | | 30-Nov-2005 | 5.875% | CA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
4000269892 1 | | 88,200.00 | 87,595.17 | | 06-Dec-2005 | 6.875% | MN - 89.92% | Paid Off - 360 | 01-Apr-2005 |
4000269922 1 | | 150,000.00 | 148,665.29 | | 05-Dec-2005 | 5.500% | IL - 89.61% | Paid Off - 360 | 01-Apr-2005 |
4000270179 1 | | 110,000.00 | 109,227.24 | | 05-Dec-2005 | 6.750% | FL - 73.27% | Paid Off - 360 | 01-Apr-2005 |
4000270423 1 | | 330,000.00 | 328,025.01 | | 12-Dec-2005 | 7.625% | CA - 86.78% | Paid Off - 360 | 01-Apr-2005 |
4000270486 1 | | 76,000.00 | 76,000.00 | | 22-Nov-2005 | 6.250% | WA - 80.00% | Paid Off - 360 | 01-Apr-2005 |
4000270727 1 | | 149,000.00 | 149,000.00 | | 21-Nov-2005 | 6.875% | IL - 74.50% | Paid Off - 360 | 01-Apr-2005 |
4000270925 2 | | 396,000.00 | 393,475.75 | | 15-Dec-2005 | 7.250% | CA - 89.93% | Paid Off - 360 | 01-Apr-2005 |
4000272106 2 | | 205,850.00 | 204,472.21 | | 01-Dec-2005 | 7.000% | CA - 102.89% | Paid Off - 360 | 01-Apr-2005 |
4000272705 1 | | 42,000.00 | 41,718.87 | | 23-Nov-2005 | 7.000% | OH - 69.94% | Paid Off - 360 | 01-Apr-2005 |
4000272996 1 | | 115,000.00 | 114,368.09 | | 30-Nov-2005 | 8.000% | NC - 99.93% | Paid Off - 360 | 01-Apr-2005 |
4000273112 1 | | 172,000.00 | 170,930.19 | | 29-Nov-2005 | 7.375% | MN - 79.94% | Paid Off - 360 | 01-Apr-2005 |
4000273445 1 | | 80,750.00 | 80,182.75 | | 15-Dec-2005 | 6.750% | WA - 84.93% | Paid Off - 360 | 01-Apr-2005 |
4000273459 1 | | 194,452.00 | 194,452.00 | | 29-Nov-2005 | 5.500% | CA - 79.98% | Paid Off - 360 | 01-Apr-2005 |
4000274610 2 | | 516,000.00 | 516,000.00 | | 02-Dec-2005 | 5.875% | | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
4000278589 1 | | 157,500.00 | 157,100.00 | | 12-Dec-2005 | 7.125% | MN - 100.00% | Paid Off - 360 | 01-Apr-2005 |
4000311404 1 | | 125,150.00 | 125,150.00 | | 08-Dec-2005 | 6.125% | FL - 80.00% | Paid Off - 360 | 01-Jul-2005 |
4000312645 1 | | 81,000.00 | 80,490.47 | | 01-Dec-2005 | 7.000% | NY - 99.92% | Paid Off - 360 | 01-Jul-2005 |
4000313244 1 | | 250,000.00 | 248,713.40 | | 07-Dec-2005 | 6.875% | MA - 77.99% | Paid Off - 360 | 01-Jun-2005 |
4000313365 2 | | 393,300.00 | 391,304.73 | | 13-Dec-2005 | 7.125% | MA - 89.86% | Paid Off - 360 | 01-Jun-2005 |
4000316779 2 | | 391,500.00 | 390,065.12 | | 15-Dec-2005 | 7.625% | MA - 89.93% | Paid Off - 360 | 01-Jul-2005 |
4000325574 1 | | 310,000.00 | 310,000.00 | | 17-Nov-2005 | 7.875% | PA - 44.99% | Paid Off - 360 | 01-Jun-2005 |
4000327358 1 | | 62,400.00 | 62,191.65 | | 16-Nov-2005 | 9.000% | MI - 79.91% | Paid Off - 360 | 01-Jun-2005 |
4000327634 1 | | 144,000.00 | 143,999.90 | | 01-Dec-2005 | 6.375% | WA - 80.00% | Paid Off - 360 | 01-Jul-2005 |
4000328613 1 | | 210,000.00 | 209,249.17 | | 23-Nov-2005 | 7.750% | NY - 99.93% | Paid Off - 360 | 01-Jul-2005 |
4000329761 1 | | 199,500.00 | 199,500.00 | | 29-Nov-2005 | 8.875% | IL - 95.00% | Paid Off - 360 | 01-Jul-2005 |
4000329999 1 | | 180,000.00 | 179,267.01 | | 14-Dec-2005 | 7.125% | NY - 58.02% | Paid Off - 360 | 01-Jul-2005 |
4000330186 1 | | 145,000.00 | 144,441.52 | | 22-Nov-2005 | 7.375% | NJ - 63.00% | Paid Off - 360 | 01-Jul-2005 |
4000330273 1 | | 256,000.00 | 256,000.00 | | 06-Dec-2005 | 7.375% | CA - 80.00% | Paid Off - 360 | 01-Jun-2005 |
4000330303 1 | | 127,000.00 | 126,682.70 | | 28-Nov-2005 | 9.500% | MD - 99.95% | Paid Off - 360 | 01-Jul-2005 |
4000331150 1 | | 209,000.00 | 208,289.41 | | 28-Nov-2005 | 8.000% | NC - 92.83% | Paid Off - 360 | 01-Jul-2005 |
4000331758 1 | | 182,000.00 | 181,365.45 | | 17-Nov-2005 | 7.875% | AZ - 99.93% | Paid Off - 360 | 01-Jul-2005 |
4000335477 1 | | 75,900.00 | 75,596.99 | | 02-Dec-2005 | 8.125% | IN - 94.87% | Paid Off - 360 | 01-Jun-2005 |
4000338960 1 | | 144,500.00 | 144,032.91 | | 14-Dec-2005 | 8.250% | UT - 84.95% | Paid Off - 360 | 01-Jul-2005 |
4000339335 1 | | 234,000.00 | 232,956.27 | | 15-Dec-2005 | 6.625% | GA - 89.92% | Paid Off - 360 | 01-Jul-2005 |
4000343160 1 | | 356,000.00 | 356,000.00 | | 02-Dec-2005 | 6.375% | CA - 80.00% | Paid Off - 360 | 01-Jul-2005 |
4000343853 1 | | 247,500.00 | 247,494.32 | | 30-Nov-2005 | 7.625% | CA - 90.00% | Paid Off - 360 | 01-Jul-2005 |
4000344157 1 | | 193,500.00 | 192,772.95 | | 22-Nov-2005 | 7.500% | MI - 92.07% | Paid Off - 360 | 01-Jul-2005 |
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Page 22 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 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 |
| | |
4000344811 1 | | 188,000.00 | 188,000.00 | | 12-Dec-2005 | 6.625% | CA - 80.00% | Paid Off - 360 | 01-Jul-2005 |
|
4000348983 1 | | 359,100.00 | 359,100.00 | | 17-Nov-2005 | 7.000% | CA - 90.00% | Paid Off - 360 | 01-Jul-2005 |
4000351881 1 | | 169,450.00 | 169,450.00 | | 22-Nov-2005 | 7.875% | FL - 89.98% | Paid Off - 360 | 01-Jul-2005 |
4000354381 1 | | 180,000.00 | 180,000.00 | | 16-Nov-2005 | 6.625% | NV - 70.59% | Paid Off - 360 | 01-Jul-2005 |
4000363140 1 | | 238,000.00 | 237,170.21 | | 16-Nov-2005 | 7.875% | IL - 89.75% | Paid Off - 360 | 01-Jul-2005 |
4000363528 1 | | 200,000.00 | 199,912.00 | | 17-Nov-2005 | 7.000% | CA - 62.50% | Paid Off - 360 | 01-Jul-2005 |
4000366519 1 | | 155,150.00 | 155,105.04 | | 23-Nov-2005 | 7.250% | GA - 79.98% | Paid Off - 360 | 01-Jul-2005 |
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TOTAL | | 18,532,926.00 | 18,480,797.09 | | | | | | | | | | | |
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Page 23 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
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December 27, 2005 Distribution | |
Realized Loss Report | |
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COLLATERAL REALIZED LOSSES | | |
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| | | | | | | | | | | Group 2 | Group 1 | Total | |
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Current | | | | | | | | | | | | | | |
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Number of Loans Liquidated | | | | | 0 | 3 | 3 | | |
Collateral Principal Realized Loss/(Gain) Amount | | | | | 0.00 | 65,351.09 | 65,351.09 | | |
Collateral Interest Realized Loss/(Gain) Amount | | | | | 0.00 | 0.00 | 0.00 | | |
Net Liquidation Proceeds | | | | | 0.00 | 276,918.48 | 276,918.48 | | |
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Cumulative | | | | | | | | | | | | | | |
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Number of Loans Liquidated | | | | | 0 | 3 | 3 | | |
Collateral Realized Loss/(Gain) Amount | | | | | 0.00 | 65,351.09 | 65,351.09 | | |
Net Liquidation Proceeds | | | | | 0.00 | 276,918.48 | 276,918.48 | | |
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Page 24 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
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DEFAULT SPEEDS | | |
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| | | | | | | | | | | Group 2 | Group 1 | Total | |
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MDR | | | | | 0.00% | 0.04% | 0.03% | | |
3 Months Avg MDR | | | | | 0.00% | 0.01% | 0.01% | | |
12 Months Avg MDR | | | | | 0.00% | 0.01% | 0.00% | | |
Avg MDR Since Cut-off | | | | | 0.00% | 0.01% | 0.00% | | |
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CDR | | | | | 0.00% | 0.50% | 0.35% | | |
3 Months Avg CDR | | | | | 0.00% | 0.17% | 0.12% | | |
12 Months Avg CDR | | | | | 0.00% | 0.06% | 0.04% | | |
Avg CDR Since Cut-off | | | | | 0.00% | 0.06% | 0.04% | | |
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SDA | | | | | 0.00% | 3.09% | 2.21% | | |
3 Months Avg SDA Approximation | | | | | 0.00% | 1.18% | 0.84% | | |
12 Months Avg SDA Approximation | | | | | 0.00% | 0.63% | 0.45% | | |
Avg SDA Since Cut-off Approximation | | | | | 0.00% | 0.63% | 0.45% | | |
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Loss Severity Approximation for Current Period | | | | | 0.00% | 19.09% | 19.09% | | |
3 Months Avg Loss Severity Approximation | | | | | 0.00% | 6.36% | 6.36% | | |
12 Months Avg Loss Severity Approximation | | | | | 0.00% | 2.39% | 2.39% | | |
Avg Loss Severity Approximation Since Cut-off | | | | | 0.00% | 2.39% | 2.39% | | |
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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 | |
| | | | | | | | | | | | | | | | | |
December 27, 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))) | | |
| | |
| 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. | |
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Page 26 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 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) | |
|
4000249946 1 | |
| 6.500% | ME - 80.00% | 360 | 69,600.00 | | 3,454.52 | 0.00 | |
| | | | | | | | | | | | | | | | | |
4000259424 1 | | 7.500% | MO - 73.95% | 180 | 109,234.07 | | 32,213.03 | 0.00 | |
4000278180 1 | | 8.125% | GA - 99.93% | 360 | 163,435.50 | | 29,683.54 | 0.00 | |
| | | | | | | | | | | | | | | | | |
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TOTAL | | | | | | | | 342,269.57 | | 65,351.09 | 0.00 | | |
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Page 27 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 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 | | | | | | | 17,612,000.74 | | |
| | | | | | Ending Collateral Balance | | | | | | | 1,150,079,867.63 | | |
| | | | | | Delinquency Percentage | | | | | | | 1.5314% | | |
| | | | | | | | | | | | | | | | | |
| | | | | | Senior Enhancement Percentage | | | | | | | 21.9106% | | |
| | | | | | | | | | | | | | | | | |
| | | | | | Cumulative Loss Percentage | | | | | | | 0.0100% | | |
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ADJUSTABLE RATE CERTIFICATE INFORMATION | | |
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SPACE INTENTIONALLY LEFT BLANK | | |
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ADDITIONAL INFORMATION | | |
| | | | | | | | | | | | | | | | | |
SPACE INTENTIONALLY LEFT BLANK | | |
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Page 28 of 29 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FF4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FF4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Additional Certificate Report | |
| | | | | | | | | | | | | | | | | |
ADDITIONAL CERTIFICATE REPORT | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | 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 | | $683.55 | | |
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| | | M-9 | | | | | | | | | | $0.00 | | ####### | | |
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| | | B-1 | | | | | | | | | | $0.00 | | ####### | | |
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| | | B-2 | | | | | | | | | | $0.01 | | ####### | | |
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Page 29 of 29 | | | | | | | | | | | | | | |