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First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FFH4 | | | | | |
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December 27, 2005 Distribution | | | | | |
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| | | External Parties | Table of Contents | | | | | |
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| | Seller | | | | | | | | | | | |
| | | | | 1. Certificate Payment Report | 2 | | | | | |
| | Financial Asset Securites Corp. | | | | | | |
| | | 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 | 21 | | | | | |
| | | | | | | | 11. Realized Loss Detail Report | 24 | | | | | |
| | Servicer(s) | | | | | | | |
| | | | 12. Triggers and Adj. Cert. Report | 25 | | | | | |
| | National City Home Loan | | | | | |
| | 13. Additional Certificate Report | 26 | | | | | |
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| | Underwriter(s) | | | | | | | | | | | | | | |
| | Greenwich Capital Markets | | | | | | | | | | | |
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| | | | | | | | Total Number of Pages | | 26 | | | | | |
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| | Dates | Contacts | | | | | |
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| | Cut-Off Date: | November 01, 2005 | Marion Hogan | | | | |
| | Close Date: | December 15, 2005 | Administrator | | | | | | | | |
| | First Distribution Date: | December 27, 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 26 | | | | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FFH4 | | | | |
| | | | | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | | | | |
Certificate Payment Report | | | | |
Current Period Distribution - REMIC III | | | | | |
| | | | 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 | SR | $ | 370,777,000.00 | 370,777,000.00 | 567,212.18 | 2,046,057.29 | 2,613,269.47 | 0.00 | 0.00 | 368,730,942.71 | | |
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II-A-1 | SR | $ | 179,200,000.00 | 179,200,000.00 | 266,970.97 | 7,730,124.19 | 7,997,095.16 | 0.00 | 0.00 | 171,469,875.81 | | |
II-A-2 | SR | $ | 75,500,000.00 | 75,500,000.00 | 114,744.40 | 0.00 | 114,744.40 | 0.00 | 0.00 | 75,500,000.00 | | |
II-A-3 | SR | $ | 48,120,000.00 | 48,120,000.00 | 74,576.06 | 0.00 | 74,576.06 | 0.00 | 0.00 | 48,120,000.00 | | |
II-A-4 | SR | $ | 17,667,000.00 | 17,667,000.00 | 27,792.43 | 0.00 | 27,792.43 | 0.00 | 0.00 | 17,667,000.00 | | |
M-1 | MEZ | $ | 53,061,000.00 | 53,061,000.00 | 85,770.98 | 0.00 | 85,770.98 | 0.00 | 0.00 | 53,061,000.00 | | |
M-2 | MEZ | $ | 51,587,000.00 | 51,587,000.00 | 83,732.24 | 0.00 | 83,732.24 | 0.00 | 0.00 | 51,587,000.00 | | |
M-3 | MEZ | $ | 20,143,000.00 | 20,143,000.00 | 33,030.36 | 0.00 | 33,030.36 | 0.00 | 0.00 | 20,143,000.00 | | |
M-4 | MEZ | $ | 24,565,000.00 | 24,565,000.00 | 41,100.36 | 0.00 | 41,100.36 | 0.00 | 0.00 | 24,565,000.00 | | |
M-5 | MEZ | $ | 22,600,000.00 | 22,600,000.00 | 38,264.66 | 0.00 | 38,264.66 | 0.00 | 0.00 | 22,600,000.00 | | |
M-6 | MEZ | $ | 15,230,000.00 | 15,230,000.00 | 25,989.39 | 0.00 | 25,989.39 | 0.00 | 0.00 | 15,230,000.00 | | |
M-7 | MEZ | $ | 19,161,000.00 | 19,161,000.00 | 38,445.78 | 0.00 | 38,445.78 | 0.00 | 0.00 | 19,161,000.00 | | |
M-8 | MEZ | $ | 15,230,000.00 | 15,230,000.00 | 34,873.55 | 0.00 | 34,873.55 | 0.00 | 0.00 | 15,230,000.00 | | |
M-9 | MEZ | $ | 12,283,000.00 | 12,283,000.00 | 28,125.53 | 0.00 | 28,125.53 | 0.00 | 0.00 | 12,283,000.00 | | |
M-10 | MEZ | $ | 11,791,000.00 | 11,791,000.00 | 26,998.95 | 0.00 | 26,998.95 | 0.00 | 0.00 | 11,791,000.00 | | |
B-1 | SUB/NOF | $ | 6,387,000.00 | 6,387,000.00 | 13,560.41 | 0.00 | 13,560.41 | 0.00 | 0.00 | 6,387,000.00 | | |
B-2 | SUB/NOF | $ | 9,826,000.00 | 9,826,000.00 | 20,861.84 | 0.00 | 20,861.84 | 0.00 | 0.00 | 9,826,000.00 | | |
B-3 | SUB/NOF | $ | 8,843,000.00 | 8,843,000.00 | 18,774.81 | 0.00 | 18,774.81 | 0.00 | 0.00 | 8,843,000.00 | | |
C | NOF | $ | 20,634,501.00 | 20,634,501.00 | 2,939,598.33 | 0.00 | 2,939,598.33 | 0.00 | 216.38 | 20,634,717.38 | | |
P | NOF | $ | 100.00 | 100.00 | 28,669.42 | 0.00 | 28,669.42 | 0.00 | 0.00 | 100.00 | | |
R | NOF/RES | $ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
R-X | NOF/RES | $ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
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Total | | | 982,605,601.00 | 982,605,601.00 | 4,509,092.65 | 9,776,181.48 | 14,285,274.13 | 0.00 | 216.38 | 972,829,635.90 | | |
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Page 2 of 26 | | | | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FFH4 | | | | |
| | | | | | | | | | | | | | | | | | | | |
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 |
| | | | | | | | | | | | | | | |
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 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NWY3 | 370,777,000.00 | 1,000.000000 | 1.529793 | 5.518296 | 7.048089 | 994.481704 |
II-A-1 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NWZ0 | 179,200,000.00 | 1,000.000000 | 1.489793 | 43.136854 | 44.626647 | 956.863146 |
II-A-2 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXA4 | 75,500,000.00 | 1,000.000000 | 1.519793 | 0.000000 | 1.519793 | 1,000.000000 |
II-A-3 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXB2 | 48,120,000.00 | 1,000.000000 | 1.549793 | 0.000000 | 1.549793 | 1,000.000000 |
II-A-4 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXC0 | 17,667,000.00 | 1,000.000000 | 1.573127 | 0.000000 | 1.573127 | 1,000.000000 |
M-1 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXD8 | 53,061,000.00 | 1,000.000000 | 1.616460 | 0.000000 | 1.616460 | 1,000.000000 |
M-2 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXE6 | 51,587,000.00 | 1,000.000000 | 1.623127 | 0.000000 | 1.623127 | 1,000.000000 |
M-3 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXF3 | 20,143,000.00 | 1,000.000000 | 1.639793 | 0.000000 | 1.639793 | 1,000.000000 |
M-4 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXG1 | 24,565,000.00 | 1,000.000000 | 1.673127 | 0.000000 | 1.673127 | 1,000.000000 |
M-5 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXH9 | 22,600,000.00 | 1,000.000000 | 1.693127 | 0.000000 | 1.693127 | 1,000.000000 |
M-6 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXJ5 | 15,230,000.00 | 1,000.000000 | 1.706460 | 0.000000 | 1.706460 | 1,000.000000 |
M-7 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXK2 | 19,161,000.00 | 1,000.000000 | 2.006460 | 0.000000 | 2.006460 | 1,000.000000 |
M-8 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXL0 | 15,230,000.00 | 1,000.000000 | 2.289793 | 0.000000 | 2.289793 | 1,000.000000 |
M-9 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXM8 | 12,283,000.00 | 1,000.000000 | 2.289793 | 0.000000 | 2.289793 | 1,000.000000 |
M-10 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXN6 | 11,791,000.00 | 1,000.000000 | 2.289793 | 0.000000 | 2.289793 | 1,000.000000 |
B-1 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXP1 | 6,387,000.00 | 1,000.000000 | 2.123127 | 0.000000 | 2.123127 | 1,000.000000 |
B-2 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXQ9 | 9,826,000.00 | 1,000.000000 | 2.123126 | 0.000000 | 2.123126 | 1,000.000000 |
B-3 | 12/15/05 | 12/26/05 | A-Act/360 | 32027NXR7 | 8,843,000.00 | 1,000.000000 | 2.123127 | 0.000000 | 2.123127 | 1,000.000000 |
C | 11/25/05 | 12/24/05 | A-30/360 | | 20,634,501.00 | 1,000.000000 | 142.460355 | 0.000000 | 142.460355 | 1,000.010486 |
P | 11/25/05 | 12/24/05 | A-30/360 | | 100.00 | 1,000.000000 | 286,694.200000 | 0.000000 | 286,694.200000 | 1,000.000000 |
R | 11/25/05 | 12/24/05 | A-30/360 | | 0.00 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
R-X | 11/25/05 | 12/24/05 | A-30/360 | | 0.00 | 0.000000 | 0.000000 | 0.000000 | 0.000000 | 0.000000 |
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Page 3 of 26 | | | | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | | | | |
| | | | | | | |
2005-FFH4 | | | | |
| | | | | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | | | | |
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Distribution to Date - REMIC III | | | | | |
| | | | | | | | | 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 | 370,777,000.00 | 567,212.18 | 1,980,695.49 | 65,361.80 | 2,046,057.29 | 2,613,269.47 | 0.00 | 0.00 | 368,730,942.71 | | |
II-A-1 | 179,200,000.00 | 266,970.97 | 7,483,183.49 | 246,940.70 | 7,730,124.19 | 7,997,095.16 | 0.00 | 0.00 | 171,469,875.81 | | |
II-A-2 | 75,500,000.00 | 114,744.40 | 0.00 | 0.00 | 0.00 | 114,744.40 | 0.00 | 0.00 | 75,500,000.00 | | |
II-A-3 | 48,120,000.00 | 74,576.06 | 0.00 | 0.00 | 0.00 | 74,576.06 | 0.00 | 0.00 | 48,120,000.00 | | |
II-A-4 | 17,667,000.00 | 27,792.43 | 0.00 | 0.00 | 0.00 | 27,792.43 | 0.00 | 0.00 | 17,667,000.00 | | |
M-1 | 53,061,000.00 | 85,770.98 | 0.00 | 0.00 | 0.00 | 85,770.98 | 0.00 | 0.00 | 53,061,000.00 | | |
M-2 | 51,587,000.00 | 83,732.24 | 0.00 | 0.00 | 0.00 | 83,732.24 | 0.00 | 0.00 | 51,587,000.00 | | |
M-3 | 20,143,000.00 | 33,030.36 | 0.00 | 0.00 | 0.00 | 33,030.36 | 0.00 | 0.00 | 20,143,000.00 | | |
M-4 | 24,565,000.00 | 41,100.36 | 0.00 | 0.00 | 0.00 | 41,100.36 | 0.00 | 0.00 | 24,565,000.00 | | |
M-5 | 22,600,000.00 | 38,264.66 | 0.00 | 0.00 | 0.00 | 38,264.66 | 0.00 | 0.00 | 22,600,000.00 | | |
M-6 | 15,230,000.00 | 25,989.39 | 0.00 | 0.00 | 0.00 | 25,989.39 | 0.00 | 0.00 | 15,230,000.00 | | |
M-7 | 19,161,000.00 | 38,445.78 | 0.00 | 0.00 | 0.00 | 38,445.78 | 0.00 | 0.00 | 19,161,000.00 | | |
M-8 | 15,230,000.00 | 34,873.55 | 0.00 | 0.00 | 0.00 | 34,873.55 | 0.00 | 0.00 | 15,230,000.00 | | |
M-9 | 12,283,000.00 | 28,125.53 | 0.00 | 0.00 | 0.00 | 28,125.53 | 0.00 | 0.00 | 12,283,000.00 | | |
M-10 | 11,791,000.00 | 26,998.95 | 0.00 | 0.00 | 0.00 | 26,998.95 | 0.00 | 0.00 | 11,791,000.00 | | |
B-1 | 6,387,000.00 | 13,560.41 | 0.00 | 0.00 | 0.00 | 13,560.41 | 0.00 | 0.00 | 6,387,000.00 | | |
B-2 | 9,826,000.00 | 20,861.84 | 0.00 | 0.00 | 0.00 | 20,861.84 | 0.00 | 0.00 | 9,826,000.00 | | |
B-3 | 8,843,000.00 | 18,774.81 | 0.00 | 0.00 | 0.00 | 18,774.81 | 0.00 | 0.00 | 8,843,000.00 | | |
C | 20,634,501.00 | 2,939,598.33 | -209.47 | -6.91 | 0.00 | 2,939,598.33 | 0.00 | 216.38 | 20,634,717.38 | | |
P | 100.00 | 28,669.42 | 0.00 | 0.00 | 0.00 | 28,669.42 | 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 | | |
R-X | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
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Total | 982,605,601.00 | 4,509,092.65 | 9,463,669.51 | 312,295.59 | 9,776,181.48 | 14,285,274.13 | 0.00 | 216.38 | 972,829,635.90 | | |
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Page 4 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
Interest Detail - REMIC III | | |
| Pass | Prior Principal | | Non- | Prior | Unscheduled | | Paid or | Current |
|
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| 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 | 4.58938% | 370,777,000.00 | 567,212.18 | 0.00 | 0.00 | 0.00 | 567,212.18 | 567,212.18 | 0.00 | | |
II-A-1 | 4.46938% | 179,200,000.00 | 266,970.97 | 0.00 | 0.00 | 0.00 | 266,970.97 | 266,970.97 | 0.00 | | |
II-A-2 | 4.55938% | 75,500,000.00 | 114,744.40 | 0.00 | 0.00 | 0.00 | 114,744.40 | 114,744.40 | 0.00 | | |
II-A-3 | 4.64938% | 48,120,000.00 | 74,576.06 | 0.00 | 0.00 | 0.00 | 74,576.06 | 74,576.06 | 0.00 | | |
II-A-4 | 4.71938% | 17,667,000.00 | 27,792.43 | 0.00 | 0.00 | 0.00 | 27,792.43 | 27,792.43 | 0.00 | | |
M-1 | 4.84938% | 53,061,000.00 | 85,770.98 | 0.00 | 0.00 | 0.00 | 85,770.98 | 85,770.98 | 0.00 | | |
M-2 | 4.86938% | 51,587,000.00 | 83,732.24 | 0.00 | 0.00 | 0.00 | 83,732.24 | 83,732.24 | 0.00 | | |
M-3 | 4.91938% | 20,143,000.00 | 33,030.36 | 0.00 | 0.00 | 0.00 | 33,030.36 | 33,030.36 | 0.00 | | |
M-4 | 5.01938% | 24,565,000.00 | 41,100.36 | 0.00 | 0.00 | 0.00 | 41,100.36 | 41,100.36 | 0.00 | | |
M-5 | 5.07938% | 22,600,000.00 | 38,264.66 | 0.00 | 0.00 | 0.00 | 38,264.66 | 38,264.66 | 0.00 | | |
M-6 | 5.11938% | 15,230,000.00 | 25,989.39 | 0.00 | 0.00 | 0.00 | 25,989.39 | 25,989.39 | 0.00 | | |
M-7 | 6.01938% | 19,161,000.00 | 38,445.78 | 0.00 | 0.00 | 0.00 | 38,445.78 | 38,445.78 | 0.00 | | |
M-8 | 6.86938% | 15,230,000.00 | 34,873.55 | 0.00 | 0.00 | 0.00 | 34,873.55 | 34,873.55 | 0.00 | | |
M-9 | 6.86938% | 12,283,000.00 | 28,125.53 | 0.00 | 0.00 | 0.00 | 28,125.53 | 28,125.53 | 0.00 | | |
M-10 | 6.86938% | 11,791,000.00 | 26,998.95 | 0.00 | 0.00 | 0.00 | 26,998.95 | 26,998.95 | 0.00 | | |
B-1 | 6.36938% | 6,387,000.00 | 13,560.41 | 0.00 | 0.00 | 0.00 | 13,560.41 | 13,560.41 | 0.00 | | |
B-2 | 6.36938% | 9,826,000.00 | 20,861.84 | 0.00 | 0.00 | 0.00 | 20,861.84 | 20,861.84 | 0.00 | | |
B-3 | 6.36938% | 8,843,000.00 | 18,774.81 | 0.00 | 0.00 | 0.00 | 18,774.81 | 18,774.81 | 0.00 | | |
C | 170.96501% | 20,634,501.00 | 2,939,814.71 | 0.00 | | 0.00 | 0.00 | 2,939,814.71 | 2,939,814.71 | 0.00 | | |
P | 0.00000% | 100.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 28,669.42 | 0.00 | | |
R | 0.00000% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
R-X | 0.00000% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | |
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| | |
Total | | 982,605,601.00 | 4,480,639.61 | 0.00 | 0.00 | 0.00 | 4,480,639.61 | 4,509,309.03 | 0.00 | | |
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Page 5 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Collection Account Report | |
SUMMARY | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Principal Collections | | | | | 7,729,953.10 | 2,046,012.00 | 9,775,965.10 | | |
Principal Withrawals | | | | | 0.00 | 0.00 | 0.00 | | |
Principal Other Accounts | | | | | 0.00 | 0.00 | 0.00 | | |
TOTAL NET PRINCIPAL | | | | | 7,729,953.10 | 2,046,012.00 | 9,775,965.10 | | |
Interest Collections | | | | | 2,157,496.93 | 2,575,132.42 | 4,732,629.35 | | |
Interest Withdrawals | | | | | -0.00 | -0.00 | -0.00 | | |
Interest Other Accounts | | | | | 0.00 | 0.00 | 28,669.42 | | |
Interest Fees | | | | | -108,917.97 | -132,568.07 | -251,989.74 | | |
TOTAL NET INTEREST | | | | | 2,048,578.96 | 2,442,564.35 | 4,509,309.03 | | |
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION | | | | | 9,778,532.06 | 4,488,576.35 | 14,285,274.13 | | |
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PRINCIPAL - COLLECTIONS | | |
| |
| | | | | | | | | | | Group 2 | Group 1 | Total | |
Scheduled Principal Received | | | | | 245,738.34 | 66,557.25 | 312,295.59 | |
Curtailments | | | | | 74,176.11 | 10,105.81 | 84,281.92 | |
Prepayments In Full | | | | | 8,311,659.10 | 1,067,728.49 | 9,379,387.59 | |
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 | | | | | -44,863.82 | -10,446.57 | -55,310.39 | |
Realized Losses | | | | | -0.00 | -0.00 | -0.00 | |
Advanced Principal | | | | | 44,863.82 | 10,446.57 | 55,310.39 | |
TOTAL PRINCIPAL COLLECTED | | | | | 7,729,953.10 | 2,046,012.00 | 9,775,965.10 | |
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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 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
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INTEREST - COLLECTIONS | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
Scheduled Interest | | | | | 4,063,387.39 | 729,873.47 | 4,793,260.86 | | |
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 | | | | | -1,136.62 | -197.29 | -1,333.91 | | |
Delinquent Interest | | | | | -846,848.75 | -133,900.48 | -980,749.23 | | |
Compensating Interest | | | | | 994.35 | 339.56 | 1,333.90 | | |
Civil Relief Act Shortfalls | | | | | -0.00 | -0.00 | -0.00 | | |
Interest Advanced | | | | | 794,189.38 | 125,928.33 | 920,117.71 | | |
TOTAL INTEREST COLLECTED | | | | | 2,157,496.93 | 2,575,132.42 | 4,732,629.35 | | |
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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 | | | | | | | | | 28,669.42 | | |
TOTAL INTEREST OTHER ACCOUNTS | | | | | 0.00 | 0.00 | 28,669.42 | | |
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INTEREST - FEES | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Current Servicing Fees | | | | | 108,917.97 | 132,568.07 | 241,486.04 | | |
Trustee Fees | | | | | 0.00 | 0.00 | 0.00 | | |
Credit Risk Manager Fee | | | | | 0.00 | 0.00 | 8,047.19 | | |
Custodian Fee | | | | | | | | | 2,456.51 | | |
TOTAL INTEREST FEES | | | | | 108,917.97 | 132,568.07 | 251,989.74 | | |
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Page 7 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Credit Enhancement Report | |
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ACCOUNTS | | |
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Net WAC Rate Carryover Reserve Account | | | | | | |
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Amount Deposited in the Account | 0.00 | | |
Begining Balance | 0.00 | | |
Amount Withdrawn | 0.00 | | |
Ending Balance | 0.00 | | |
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INSURANCE | | |
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SPACE INTENTIONALLY LEFT BLANK | | |
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STRUCTURAL FEATURES | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Overcollateralization Amount | | | | | | | | | 20,634,717.38 | | |
Overcollateralization Target Amount | | | | | | | | | 20,634,717.62 | | |
Overcollateralization Deficiency Amount | | | | | | | | | 216.38 | | |
Overcollateralization Release Amount | | | | | | | | | 0.00 | | |
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Page 8 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
| | | | | | | | | | | | | | | | | |
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 | | | | | 3,730 | 984 | 4,714 | | |
Prior | | | | | 3,730 | 984 | 4,714 | | |
Prefunding | | | | | 0 | 0 | 0 | | |
Scheduled Paid Offs | | | | | -0 | -0 | -0 | | |
Full Voluntary Prepayments | | | | | -23 | -6 | -29 | | |
Repurchases | | | | | -0 | -0 | -0 | | |
Liquidations | | | | | -0 | -0 | -0 | | |
Current | | | | | 3,707 | 978 | 4,685 | | |
Principal Balance: | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
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Original | | | | | 619,104,161.77 | 105,977,944.47 | 725,082,106.24 | | |
Prior | | | | | 619,104,161.77 | 105,977,944.47 | 725,082,106.24 | | |
Prefunding | | | | | 0.00 | 0.00 | 0.00 | | |
Scheduled Principal | | | | | -245,738.34 | -66,557.25 | -312,295.59 | | |
Partial Prepayments | | | | | -74,176.11 | -10,105.81 | -84,281.92 | | |
Full Voluntary Prepayments | | | | | -8,311,659.10 | -1,067,728.49 | -9,379,387.59 | | |
Repurchases | | | | | -0.00 | -0.00 | -0.00 | | |
Liquidations | | | | | -0.00 | -0.00 | -0.00 | | |
Current | | | | | 447,829,786.87 | 524,999,849.27 | 972,829,636.14 | | |
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PREFUNDING | | |
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| | | | | | | | | | Group 2 | Group 1 | Total | | |
Prefunding Account Original Balance | | | | | 121,265,772.00 | 136,257,723.00 | 257,523,495.00 | | |
Prefunding Account Beginning Balance | | | | | 121,265,772.00 | 136,257,723.00 | 257,523,495.00 | | |
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 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
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CHARACTERISTICS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Weighted Average Coupon Original | | | | | 7.87600% | 8.26444% | 7.93277% | | |
Weighted Average Coupon Prior | | | | | 7.87600% | 8.26444% | 7.93277% | | |
Weighted Average Coupon Current | | | | | 7.87600% | 8.26444% | 7.93277% | | |
Weighted Average Months to Maturity Original | | | | | 357 | 352 | 357 | | |
Weighted Average Months to Maturity Prior | | | | | 357 | 352 | 357 | | |
Weighted Average Months to Maturity Current | | | | | 357 | 352 | 357 | | |
Weighted Avg Remaining Amortization Term Original | | | | | 357 | 352 | 357 | | |
Weighted Avg Remaining Amortization Term Prior | | | | | 357 | 352 | 357 | | |
Weighted Avg Remaining Amortization Term Current | | | | | 357 | 352 | 357 | | |
Weighted Average Seasoning Original | | | | | 2.52 | 2.54 | 2.53 | | |
Weighted Average Seasoning Prior | | | | | 2.52 | 2.54 | 2.53 | | |
Weighted Average Seasoning Current | | | | | 2.52 | 2.54 | 2.53 | | |
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Page 10 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
| | | | | | | | | | | | | | | | | |
ARM CHARACTERISTICS | | |
| |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Weighted Average Margin Original | | | | | 6.45623% | 0.00000% | 6.45623% | | |
Weighted Average Margin Prior | | | | | 6.45623% | 0.00000% | 6.45623% | | |
Weighted Average Margin Current | | | | | 6.45623% | 0.00000% | 6.45623% | | |
Weighted Average Max Rate Original | | | | | 13.87998% | 0.00000% | 13.87998% | | |
Weighted Average Max Rate Prior | | | | | 13.87998% | 0.00000% | 13.87998% | | |
Weighted Average Max Rate Current | | | | | 13.87998% | 0.00000% | 13.87998% | | |
Weighted Average Min Rate Original | | | | | 7.87998% | 0.00000% | 7.87998% | | |
Weighted Average Min Rate Prior | | | | | 7.87998% | 0.00000% | 7.87998% | | |
Weighted Average Min Rate Current | | | | | 7.87998% | 0.00000% | 7.87998% | | |
Weighted Average Cap Up Original | | | | | 1.00000% | 0.00000% | 1.00000% | | |
Weighted Average Cap Up Prior | | | | | 1.00000% | 0.00000% | 1.00000% | | |
Weighted Average Cap Up Current | | | | | 1.00000% | 0.00000% | 1.00000% | | |
Weighted Average Cap Down Original | | | | | 1.00000% | 0.00000% | 1.00000% | | |
Weighted Average Cap Down Prior | | | | | 1.00000% | 0.00000% | 1.00000% | | |
Weighted Average Cap Down Current | | | | | 1.00000% | 0.00000% | 1.00000% | | |
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SERVICING FEES & ADVANCES | | |
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | Group 2 | Group 1 | Total | |
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| | | | | | | | | | | | | | | | | |
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Current Servicing Fees | | | | | 108,917.97 | 132,568.07 | 241,486.04 | | |
Delinquent Servicing Fees | | | | | 52,659.37 | 7,972.13 | 60,631.50 | | |
TOTAL SERVICING FEES | | | | | 257,960.08 | 44,157.48 | 302,117.56 | | |
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Total Servicing Fees | | | | | 257,960.08 | 44,157.48 | 302,117.56 | | |
Compensating Interest | | | | | -994.35 | -339.56 | -1,333.90 | | |
Delinquent Servicing Fees | | | | | -52,659.37 | -7,972.13 | -60,631.50 | | |
COLLECTED SERVICING FEES | | | | | 107,923.62 | 132,228.52 | 240,152.14 | | |
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| | | | | | | | | | | | | | | | | |
Total Advaced Interest | | | | | 794,189.38 | 125,928.33 | 920,117.71 | | |
Total Advaced Principal | | | | | 44,863.82 | 10,446.57 | 55,310.39 | | |
Aggregate Advances with respect to this Distribution | | | | | 45,511.43 | 90,863.47 | 136,374.91 | | |
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ADDITIONAL COLLATERAL INFORMATION | | |
| | | | | | | | | | Group 2 | Group 1 | Total | | |
Prepayment Interest Shortfall (PPIS) | | | | | 1,136.62 | 197.29 | 1,333.91 | | |
Compensating Interest | | | | | -994.35 | -339.56 | -1,333.90 | | |
Net Prepayment Interest Shortfall (PPIS) | | | | | 0.00 | 0.00 | 0.00 | | |
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Weighted Average Net Mortgage Rate | | | | | | | | | 7.462839% | | |
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Libor For Current Period | | | | | | | | | 4.3694% | | |
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Libor For Next Period | | | | | | | | | 4.3788% | | |
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Page 11 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Delinquency Report | |
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| TOTAL | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 1,539,623.87 | 0.00 | 0.00 | 1,539,623.87 | | | |
| % Balance | | | 0.22% | 0.00% | 0.00% | 0.22% | | | |
| # Loans | | | 6 | 0 | 0 | 6 | | | |
| % # Loans | | | 0.13% | 0.00% | 0.00% | 0.13% | | | |
| FORECLOSURE | Balance | 128,009.19 | 1,010,756.57 | 0.00 | 0.00 | 1,138,765.76 | | | |
| % Balance | 0.02% | 0.14% | 0.00% | 0.00% | 0.16% | | | |
| # Loans | 1 | 6 | 0 | 0 | 7 | | | |
| % # Loans | 0.02% | 0.13% | 0.00% | 0.00% | 0.15% | | | |
| BANKRUPTCY | Balance | 2,458,764.41 | 559,607.34 | 0.00 | 0.00 | 3,018,371.75 | | | |
| % Balance | 0.34% | 0.08% | 0.00% | 0.00% | 0.42% | | | |
| # Loans | 17 | 2 | 0 | 0 | 19 | | | |
| % # Loans | 0.36% | 0.04% | 0.00% | 0.00% | 0.41% | | | |
| 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 | 2,586,773.60 | 3,109,987.78 | 0.00 | 0.00 | 5,696,761.38 | | | |
| % Balance | 0.36% | 0.43% | 0.00% | 0.00% | 0.80% | | | |
| # Loans | 18 | 14 | 0 | 0 | 32 | | | |
| % # Loans | 0.38% | 0.30% | 0.00% | 0.00% | 0.68% | | | |
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Page 12 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
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| GROUP 1 | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 453,463.36 | 0.00 | 0.00 | 453,463.36 | | | |
| % Balance | | | 0.12% | 0.00% | 0.00% | 0.12% | | | |
| # Loans | | | 3 | 0 | 0 | 3 | | | |
| % # Loans | | | 0.09% | 0.00% | 0.00% | 0.09% | | | |
| FORECLOSURE | Balance | 128,009.19 | 720,756.57 | 0.00 | 0.00 | 848,765.76 | | | |
| % Balance | 0.03% | 0.19% | 0.00% | 0.00% | 0.22% | | | |
| # Loans | 1 | 5 | 0 | 0 | 6 | | | |
| % # Loans | 0.03% | 0.15% | 0.00% | 0.00% | 0.18% | | | |
| BANKRUPTCY | Balance | 1,365,079.73 | 159,607.34 | 0.00 | 0.00 | 1,524,687.07 | | | |
| % Balance | 0.35% | 0.04% | 0.00% | 0.00% | 0.39% | | | |
| # Loans | 11 | 1 | 0 | 0 | 12 | | | |
| % # Loans | 0.33% | 0.03% | 0.00% | 0.00% | 0.36% | | | |
| 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 | 1,493,088.92 | 1,333,827.27 | 0.00 | 0.00 | 2,826,916.19 | | | |
| % Balance | 0.38% | 0.34% | 0.00% | 0.00% | 0.73% | | | |
| # Loans | 12 | 9 | 0 | 0 | 21 | | | |
| % # Loans | 0.36% | 0.27% | 0.00% | 0.00% | 0.62% | | | |
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Page 13 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
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| GROUP 2 | | | | | | | | | | | | |
| | | | | < 1 PAYMENT | 1 PAYMENT | 2 PAYMENTS | 3+ PAYMENTS | TOTAL | | | |
| DELINQUENT | Balance | | | 1,086,160.51 | 0.00 | 0.00 | 1,086,160.51 | | | |
| % Balance | | | 0.33% | 0.00% | 0.00% | 0.33% | | | |
| # Loans | | | 3 | 0 | 0 | 3 | | | |
| % # Loans | | | 0.23% | 0.00% | 0.00% | 0.23% | | | |
| FORECLOSURE | Balance | 0.00 | 290,000.00 | 0.00 | 0.00 | 290,000.00 | | | |
| % Balance | 0.00% | 0.09% | 0.00% | 0.00% | 0.09% | | | |
| # Loans | 0 | 1 | 0 | 0 | 1 | | | |
| % # Loans | 0.00% | 0.08% | 0.00% | 0.00% | 0.08% | | | |
| BANKRUPTCY | Balance | 1,093,684.68 | 400,000.00 | 0.00 | 0.00 | 1,493,684.68 | | | |
| % Balance | 0.33% | 0.12% | 0.00% | 0.00% | 0.46% | | | |
| # Loans | 6 | 1 | 0 | 0 | 7 | | | |
| % # Loans | 0.45% | 0.08% | 0.00% | 0.00% | 0.53% | | | |
| 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 | 1,093,684.68 | 1,776,160.51 | 0.00 | 0.00 | 2,869,845.19 | | | |
| % Balance | 0.33% | 0.54% | 0.00% | 0.00% | 0.88% | | | |
| # Loans | 6 | 5 | 0 | 0 | 11 | | | |
| % # Loans | 0.45% | 0.38% | 0.00% | 0.00% | 0.83% | | | |
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Page 14 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
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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 | |
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Loan Group | Balance | Balance | Date | Rate | Origination | Term | Date | |
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TOTAL | | | | | | | | | | | | | | | |
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Page 15 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
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December 27, 2005 Distribution | |
Foreclosure Report | |
Loan Number | Original | Stated | | Current | State & | | | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | First | | |
& | Principal | Principal | Paid to | Note | LTV at | Original | Payment | |
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Loan Group | Balance | Balance | | Date | Rate | Origination | Term | Date | |
4000442629 1 | |
111,500.00 | 111,256.36 | 01-Sep-2005 | 7.625% | IN - 99.85% | 360 | | 01-Oct-2005 | |
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4000443484 1 | 118,000.00 | 117,754.79 | 01-Sep-2005 | 7.875% | MI - 99.86% | 360 | | 01-Oct-2005 | |
4000450480 1 | 128,250.00 | 128,009.19 | 01-Oct-2005 | 8.375% | IN - 94.88% | 360 | | 01-Oct-2005 | |
4000460163 1 | 288,000.00 | 287,499.26 | 01-Sep-2005 | 8.750% | IN - 89.90% | 360 | | 01-Oct-2005 | |
4000460262 1 | 146,000.00 | 145,746.16 | 01-Sep-2005 | 8.750% | TN - 99.88% | 360 | | 01-Oct-2005 | |
4000464419 1 | 58,500.00 | 58,500.00 | 01-Sep-2005 | 7.500% | MN - 100.00% | 360 | | 01-Oct-2005 | |
4000410686 2 | 290,000.00 | 290,000.00 | 01-Sep-2005 | 7.125% | TX - 100.00% | 360 | | 01-Oct-2005 | |
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TOTAL | 1,140,250.00 | 1,138,765.76 | | | | | | | | | | | |
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Page 16 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
| | | | | | | | | | | | | | | | | |
December 27, 2005 Distribution | |
Prepayment Report | |
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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 | | | | | 23 | 6 | 29 | | |
Number of Repurchased Loans | | | | | 0 | 0 | 0 | | |
Total Number of Loans Prepaid in Full | | | | | 23 | 6 | 29 | | |
Curtailments Amount | | | | | 74,176.11 | 10,105.81 | 84,281.92 | | |
Paid in Full Balance | | | | | 8,311,659.10 | 1,067,728.49 | 9,379,387.59 | | |
Repurchased Loans Balance | | | | | 0.00 | 0.00 | 0.00 | | |
Total Prepayment Amount | | | | | 8,385,835.21 | 1,077,834.30 | 9,463,669.51 | | |
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Cumulative | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
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Number of Paid in Full Loans | | | | | 23 | 6 | 29 | | |
Number of Repurchased Loans | | | | | 0 | 0 | 0 | | |
Total Number of Loans Prepaid in Full | | | | | 23 | 6 | 29 | | |
Paid in Full Balance | | | | | 8,311,659.10 | 1,067,728.49 | 9,379,387.59 | | |
Repurchased Loans Balance | | | | | 0.00 | 0.00 | 0.00 | | |
Curtailments Amount | | | | | 74,176.11 | 10,105.81 | 84,281.92 | | |
Total Prepayment Amount | | | | | 8,385,835.21 | 1,077,834.30 | 9,463,669.51 | | |
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Page 17 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
| | | | | | | | | | | | | | | | | |
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 | | | | | 1.36% | 1.02% | 1.31% | | |
3 Months Avg SMM | | | | | 1.36% | 1.02% | 1.31% | | |
12 Months Avg SMM | | | | | 1.36% | 1.02% | 1.31% | | |
Avg SMM Since Cut-off | | | | | 1.36% | 1.02% | 1.31% | | |
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CPR | | | | | 15.10% | 11.55% | 14.59% | | |
3 Months Avg CPR | | | | | 15.10% | 11.55% | 14.59% | | |
12 Months Avg CPR | | | | | 15.10% | 11.55% | 14.59% | | |
Avg CPR Since Cut-off | | | | | 15.10% | 11.55% | 14.59% | | |
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PSA | | | | | 2,990.95% | 2,276.54% | 2,887.75% | | |
3 Months Avg PSA Approximation | | | | | 2,990.95% | 2,276.55% | 2,887.75% | | |
12 Months Avg PSA Approximation | | | | | 2,990.95% | 2,276.55% | 2,887.75% | | |
Avg PSA Since Cut-off Approximation | | | | | 2,990.95% | 2,276.55% | 2,887.75% | | |
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Page 18 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
| | | | | | | | | | | | | | | | | |
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 19 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
| | | | | | | | | | | | | | | | | |
Mortgage Pass-Through Certificates | | | | | |
| | | | |
2005-FFH4 | |
| | | | | | | | | | | | | | | | | |
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 |
| | |
4000400361 2 | | 165,000.00 | 164,754.59 | | 30-Nov-2005 | 9.500% | MI - 99.85% | Paid Off - 360 | 01-Sep-2005 |
|
4000401448 2 | | 176,650.00 | 176,412.15 | | 30-Nov-2005 | 8.000% | FL - 99.84% | Paid Off - 360 | 01-Oct-2005 |
4000407548 1 | | 200,000.00 | 199,616.14 | | 30-Nov-2005 | 7.750% | AZ - 99.81% | Paid Off - 360 | 01-Oct-2005 |
4000438241 2 | | 368,200.00 | 368,200.00 | | 30-Nov-2005 | 7.990% | NC - 99.99% | Paid Off - 360 | 01-Oct-2005 |
4000439200 1 | | 350,000.00 | 349,495.67 | | 30-Nov-2005 | 9.125% | IL - 99.86% | Paid Off - 360 | 01-Oct-2005 |
4000440743 1 | | 39,000.00 | 38,938.97 | | 30-Nov-2005 | 7.250% | MI - 99.84% | Paid Off - 360 | 01-Oct-2005 |
4000445080 2 | | 635,000.00 | 635,000.00 | | 30-Nov-2005 | 7.500% | MD - 100.00% | Paid Off - 360 | 01-Oct-2005 |
4000445318 2 | | 730,000.00 | 730,000.00 | | 14-Dec-2005 | 8.125% | CA - 100.00% | Paid Off - 360 | 01-Oct-2005 |
4000446285 2 | | 336,900.00 | 336,900.00 | | 30-Nov-2005 | 7.250% | IL - 100.00% | Paid Off - 360 | 01-Oct-2005 |
4000449435 1 | | 235,000.00 | 234,714.25 | | 30-Nov-2005 | 8.500% | WI - 99.88% | Paid Off - 360 | 01-Oct-2005 |
4000450353 1 | | 197,000.00 | 197,000.00 | | 30-Nov-2005 | 7.750% | NC - 100.00% | Paid Off - 360 | 01-Oct-2005 |
4000456875 2 | | 325,000.00 | 325,000.00 | | 12-Dec-2005 | 7.750% | IL - 100.00% | Paid Off - 360 | 01-Oct-2005 |
4000470593 2 | | 307,000.00 | 307,000.00 | | 30-Nov-2005 | 8.375% | FL - 100.00% | Paid Off - 360 | 01-Oct-2005 |
4000474006 1 | | 67,000.00 | 66,961.45 | | 30-Nov-2005 | 8.750% | MI - 99.94% | Paid Off - 360 | 01-Nov-2005 |
4000474848 2 | | 721,000.00 | 721,000.00 | | 30-Nov-2005 | 7.875% | GA - 100.00% | Paid Off - 360 | 01-Oct-2005 |
4000476004 2 | | 664,080.00 | 664,080.00 | | 30-Nov-2005 | 7.500% | IL - 100.00% | Paid Off - 360 | 01-Oct-2005 |
4000476731 2 | | 578,900.00 | 578,140.07 | | 15-Dec-2005 | 8.125% | NJ - 96.37% | Paid Off - 360 | 01-Oct-2005 |
4000481204 1 | | 85,000.00 | 85,000.00 | | 30-Nov-2005 | 7.625% | MD - 100.00% | Paid Off - 360 | 01-Oct-2005 |
4000483881 2 | | 327,500.00 | 327,500.00 | | 30-Nov-2005 | 8.000% | SC - 100.00% | Paid Off - 360 | 01-Oct-2005 |
4000489165 2 | | 202,000.00 | 201,900.64 | | 15-Dec-2005 | 9.500% | IL - 99.95% | Paid Off - 360 | 01-Nov-2005 |
4000497262 2 | | 350,000.00 | 349,726.96 | | 30-Nov-2005 | 7.250% | IL - 99.92% | Paid Off - 360 | 01-Nov-2005 |
4000497557 1 | | 187,900.00 | 187,900.00 | | 30-Nov-2005 | 7.625% | UT - 100.00% | Paid Off - 360 | 01-Nov-2005 |
4000499779 2 | | 236,050.00 | 236,050.00 | | 30-Nov-2005 | 8.125% | OR - 100.00% | Paid Off - 360 | 01-Nov-2005 |
4000499936 1 | | 199,000.00 | 198,876.31 | | 13-Dec-2005 | 8.375% | OR - 99.94% | Paid Off - 360 | 01-Nov-2005 |
4000501475 2 | | 260,000.00 | 259,807.04 | | 08-Dec-2005 | 7.500% | NC - 99.93% | Paid Off - 360 | 01-Nov-2005 |
4000511011 2 | | 495,000.00 | 495,000.00 | | 06-Dec-2005 | 8.250% | VA - 100.00% | Paid Off - 360 | 01-Nov-2005 |
4000511458 1 | | 247,000.00 | 246,812.05 | | 30-Nov-2005 | 7.375% | WI - 99.92% | Paid Off - 360 | 01-Nov-2005 |
4000511897 2 | | 409,000.00 | 409,000.00 | | 30-Nov-2005 | 7.125% | IL - 100.00% | Paid Off - 360 | 01-Nov-2005 |
4000524121 2 | | 288,850.00 | 288,601.30 | | 30-Nov-2005 | 6.750% | NC - 99.91% | Paid Off - 360 | 01-Nov-2005 |
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TOTAL | | 9,383,030.00 | 9,379,387.59 | | | | | | | | | | | |
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Page 20 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
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2005-FFH4 | |
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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 | 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 | | |
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Cumulative | | | | | | | | | | | | | | |
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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 | | |
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Page 21 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
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2005-FFH4 | |
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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% | 0.00% | 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 22 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
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2005-FFH4 | |
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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))) | | |
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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 23 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
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2005-FFH4 | |
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December 27, 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 24 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
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2005-FFH4 | |
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December 27, 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 | | | | | | | 4,157,137.51 | | |
| | | | | | Ending Collateral Balance | | | | | | | 972,829,636.14 | | |
| | | | | | Delinquency Percentage | | | | | | | 0.5800% | | |
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| | | | | | Senior Enhancement Percentage | | | | | | | 29.649902% | | |
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| | | | | | Cumulative Loss Percentage | | | | | | | | | | |
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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 25 of 26 | | | | | | | | | | | | | | |
First Franklin Mortgage Loan Trust 2005-FFH4 | | | | | |
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Mortgage Pass-Through Certificates | | | | | |
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2005-FFH4 | |
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December 27, 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 | | $0.00 | | |
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| | | M-10 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | B-1 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | B-2 | | | | | | | | | | $0.00 | | $0.00 | | |
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| | | B-3 | | | | | | | | | | $0.00 | | $0.00 | | |
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Page 26 of 26 | | | | | | | | | | | | | | |