SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): February 28, 2006
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First Franklin Mortgage Loan Trust 2006-FFH1
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(Exact Name of Issuing Entity as Specified in Charter)
Asset Backed Funding Corporation
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(Exact Name of Depositor as Specified in Charter)
Bank of America, National Association
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(Exact Name of Sponsor as Specified in Charter)
New York 333-127970-03 75-2533468
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(State or Other Jurisdiction of (Commission File Number (I.R.S. Employer
Incorporation of Issuing Entity) of Issuing Entity) Identification No.
of Depositor)
100 North Tryon Street, Charlotte, North Carolina 28255
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(Address of Principal Executive Offices) (Zip Code)
Depositor's telephone number, including area code (212) 583-8405
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N/A
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(Former Name or Former Address, if Change Since Last Report:)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligations of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Section 9 - Financial Statements and Exhibits
Item 9.01 (c). Exhibits
(c) Exhibits (executed copies): The following execution copies of
Exhibits to the Form S-3 Registration Statement of the Registrant
are hereby filed:
5.1 Legality Opinion of Hunton & Williams LLP.
8.1 Tax Opinion of Hunton & Williams LLP (included as part of
Exhibit 5.1).
23 Consent of Hunton & Williams LLP (included as part of
Exhibit 5.1).
Signature page to follow
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
ASSET BACKED FUNDING CORPORATION
By: /s/ Juanita L. Deane-Warner
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Name: Juanita L. Deane-Warner
Title: Vice President
Date: February 28, 2006
ASSET BACKED FUNDING CORPORATION
EXHIBIT INDEX
Paper (P) or
Exhibit No. Exhibit Description Electronic (E)
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5.1 Legality Opinion of Hunton & Williams LLP. E
8.1 Tax Opinion of Hunton & Williams LLP E
(included as part of Exhibit 5.1).
23 Consent of Hunton & Williams LLP E
(included as part of Exhibit 5.1).