UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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): ~~June~~July 2725, 2005 (Date of earliest event reported) Financial Asset Securities Corp. (as Depositor under the Pooling and Servicing Agreement, dated as December 1, 2004, providing for the issuance of First Franklin Mortgage Loan Trust 2004-FFH4 Asset-Backed Certificates, Series 2004-FFH4) (Exact name of registrant as specified in charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-121661-11 06-1442101 (Commission File Number) (I.R.S. Employer Identification No.) 600 Steamboat Road Greenwich, Connecticut 06830 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (203) 625-2700 (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation 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(b) under the Exchange Act (17 CFR 240.14a-12(b)) [ ] 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)) Item 8.01 Other Events Attached hereto is a copy of the Monthly Remittance Statements to the Certificateholders which was derived from the monthly information submitted by the Master Servicer of the Trust to the Trustee. Item 9.01 Financial Statements and Exhibits (c) Exhibits: Exhibit No. Description 99.1 Monthly Remittance Statement to the Certificateholders dated as of ~~June~~July 2725, 2005. 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. Deutsche Bank National Trust Company, in its capacity as Trustee under the Pooling and Servicing Agreement on behalf of Financial Asset Securities Corporation, Registrant Date: ~~Jun~~Jul 3025, 2005 By: /s/ Katherine M. Wannenmacher Katherine M. Wannenmacher Vice President EXHIBIT INDEX DOCUMENT 99.1 Monthly Remittance Statement to the Certificateholders dated as of ~~June~~July 2725, 2005.

First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
				External Parties						Table of Contents
													Page
				Seller
										1. Certificate Payment Report					2
				Greenwich Capital Markets
										2. Collection Account Report					6
										3. Credit Enhancement Report					8
										4. Collateral Report					9
				Certificate Insurer(s)						5. Delinquency Report					12
										6. REO Report					15
										7. Foreclosure Report					16
										8. Prepayment Report					17
										9. Prepayment Detail Report					20
										10. Realized Loss Report					2122
										11. Realized Loss Detail Report					2425
				Servicer(s)
										12. Triggers and Adj. Cert. Report					2526
				National City Home Loan
										13. Additional Certificate Report					2627
				Underwriter(s)
				Greenwich Capital Markets
										Total Number of Pages					2627
				Dates						Contacts
				Cut-Off Date:			April 01, 2005			Marion Hogan
				Close Date:			April 28, 2005			Administrator
				First Distribution Date:			May 25, 2005			(714) 247-6282
										marion.c.hogan@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			~~June~~July 2725, 2005
										Factor Information:			(800) 735-7777
				Record Date:			~~May~~June 3130, 2005
										Main Phone Number:			(714) 247-6000
							June 24, 2005
							July 22, 2005
										https://www.tss.db.com/invr
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First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution -
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance
					(1)		(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)
I-A-1	FLT/STEP	$	713,502,000.00		~~710~~707,~~132~~640,~~611~~720.9371		21,~~141~~934,~~641~~269.6086		25,~~491~~731,~~891~~472.2211		47,~~633~~665,~~532~~741.8297		0.00		0.00		~~707~~701,~~640~~909,~~720~~248.7160
II-A-1	FLT/STEP	$	91,800,000.00		8984,~~493~~236,~~627~~293.5524		~~260~~222,~~053~~389.5799		5,~~257~~179,~~334~~761.3129		5,~~517~~402,~~387~~151.8828		0.00		0.00		8479,~~236~~056,~~293~~531.2495
II-A-2	FLT/STEP	$	85,330,000.00		85,330,000.00		~~252~~229,~~647~~259.9152		0.00		~~252~~229,~~647~~259.9152		0.00		0.00		85,330,000.00
II-A-3	FLT/STEP	$	92,580,000.00		92,580,000.00		~~280~~254,~~903~~498.1592		0.00		~~280~~254,~~903~~498.1592		0.00		0.00		92,580,000.00
II-A-4	FLT/STEP	$	35,513,000.00		35,513,000.00		~~110~~99,~~356~~833.6559		0.00		~~110~~99,~~356~~833.6559		0.00		0.00		35,513,000.00
M-1	FLT/STEP	$	66,938,000.00		66,938,000.00		~~215~~194,~~986~~943.6124		0.00		~~215~~194,~~986~~943.6124		0.00		0.00		66,938,000.00
M-2	FLT/STEP	$	33,788,000.00		33,788,000.00		~~110~~99,~~571~~714.2362		0.00		~~110~~99,~~571~~714.2362		0.00		0.00		33,788,000.00
M-3	FLT/STEP	$	23,588,000.00		23,588,000.00		7971,~~353~~447.9616		0.00		7971,~~353~~447.9616		0.00		0.00		23,588,000.00
M-4	FLT/STEP	$	22,950,000.00		22,950,000.00		7870,~~680~~764.2518		0.00		7870,~~680~~764.2518		0.00		0.00		22,950,000.00
M-5	FLT/STEP	$	23,588,000.00		23,588,000.00		8173,~~516~~281.2078		0.00		8173,~~516~~281.2078		0.00		0.00		23,588,000.00
M-6	FLT/STEP	$	16,575,000.00		16,575,000.00		6558,~~181~~197.1988		0.00		6558,~~181~~197.1988		0.00		0.00		16,575,000.00
M-7	FLT/STEP	$	15,300,000.00		15,300,000.00		6154,~~569~~911.7512		0.00		6154,~~569~~911.7512		0.00		0.00		15,300,000.00
M-8	FLT/STEP	$	14,663,000.00		14,663,000.00		6557,~~054~~757.8400		0.00		6557,~~054~~757.8400		0.00		0.00		14,663,000.00
M-9	FLT/STEP	$	12,113,000.00		12,113,000.00		6759,~~620~~489.8218		0.00		6759,~~620~~489.8218		0.00		0.00		12,113,000.00
B-1	FLT/STEP	$	9,563,000.00		9,563,000.00		5346,~~385~~965.4566		0.00		5346,~~385~~965.4566		0.00		0.00		9,563,000.00
B-2	FLT/STEP	$	10,834,000.00		10,834,000.00		5548,~~515~~994.2255		0.00		5548,~~515~~994.2255		0.00		0.00		10,834,000.00
C	EXE	$	6,374,900.00		6,375,000.00		1,~~578~~787,~~677~~756.3843		0.00		1,~~578~~787,~~677~~756.3843		0.00		0.00		6,375,000.00
P	EXE	$	100.00		100.00		8492,~~910~~821.3248		0.00		8492,~~910~~821.3248		0.00		0.00		100.00
R	EXE/NPR	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total			1,275,000,000.00		1,~~269~~261,~~324~~575,~~339~~113.4895		5,~~643~~457,~~626~~296.1016		710,~~749~~911,~~225~~233.5340		1316,~~392~~368,~~851~~529.6356		0.00		0.00		1,~~261~~250,~~575~~663,~~113~~880.9555
Page 2 of 26
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First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current
	Period		Period						(with Notional)		Principal						Total	Principal
Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance
									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
I-A-1	0506/2527/05		0607/2624/05		A-Act/360		32027NQX2		713,502,000.00		~~995~~991.~~277675~~785196		32.~~001592~~710952		38.~~492480~~032875		610.~~494071~~743827	~~991~~983.~~785196~~752321
II-A-1	0506/2527/05		0607/2624/05		A-Act/360		32027NQY0		91,800,000.00		~~974~~917.~~876117~~606680		2.~~832828~~422549		5756.~~269437~~424415		6058.~~102264~~846964	~~917~~861.~~606680~~182265
II-A-2	0506/2527/05		0607/2624/05		A-Act/360		32027NQZ7		85,330,000.00		1,000.000000		2.~~960833~~686740		0.000000		2.~~960833~~686740	1,000.000000
II-A-3	0506/2527/05		0607/2624/05		A-Act/360		32027NRA1		92,580,000.00		1,000.000000		32.~~034167~~748962		0.000000		32.~~034167~~748962	1,000.000000
II-A-4	0506/2527/05		0607/2624/05		A-Act/360		32027NRB9		35,513,000.00		1,000.000000		32.~~107500~~811184		0.000000		32.~~107500~~811184	1,000.000000
M-1	0506/2527/05		0607/2624/05		A-Act/360		32027NRC7		66,938,000.00		1,000.000000		32.~~226667~~912296		0.000000		32.~~226667~~912296	1,000.000000
M-2	0506/2527/05		0607/2624/05		A-Act/360		32027NRD5		33,788,000.00		1,000.000000		32.~~272500~~951184		0.000000		32.~~272500~~951184	1,000.000000
M-3	0506/2527/05		0607/2624/05		A-Act/360		32027NRE3		23,588,000.00		1,000.000000		3.~~364167~~028962		0.000000		3.~~364167~~028962	1,000.000000
M-4	0506/2527/05		0607/2624/05		A-Act/360		32027NRF0		22,950,000.00		1,000.000000		3.~~428333~~083407		0.000000		3.~~428333~~083407	1,000.000000
M-5	0506/2527/05		0607/2624/05		A-Act/360		32027NRG8		23,588,000.00		1,000.000000		3.~~455833~~106740		0.000000		3.~~455833~~106740	1,000.000000
M-6	0506/2527/05		0607/2624/05		A-Act/360		32027NRH6		16,575,000.00		1,000.000000		3.~~932500~~511184		0.000000		3.~~932500~~511184	1,000.000000
M-7	0506/2527/05		0607/2624/05		A-Act/360		32027NRJ2		15,300,000.00		1,000.000000		43.~~024167~~588962		0.000000		43.~~024167~~588962	1,000.000000
M-8	0506/2527/05		0607/2624/05		A-Act/360		32027NRK9		14,663,000.00		1,000.000000		43.~~436666~~938962		0.000000		43.~~436666~~938962	1,000.000000
M-9	0506/2527/05		0607/2624/05		A-Act/360		32027NRL7		12,113,000.00		1,000.000000		54.~~582500~~911185		0.000000		54.~~582500~~911185	1,000.000000
B-1	0506/2527/05		0607/2624/05		A-Act/360		32027NRM5		9,563,000.00		1,000.000000		54.~~582500~~911185		0.000000		54.~~582500~~911185	1,000.000000
B-2	0506/2527/05		0607/2624/05		A-Act/360		32027NRN3		10,834,000.00		1,000.000000		54.~~124167~~522296		0.000000		54.~~124167~~522296	1,000.000000
C	0506/01/05		0506/30/05		A-30/360				6,374,900.00		1,000.015687		~~247~~280.~~639552~~436780		0.000000		~~247~~280.~~639552~~436780	1,000.015687
P	0506/01/05		0506/30/05		A-30/360				100.00		1,000.000000		~~849~~928,~~103~~214.~~200000~~800000		0.000000		~~849~~928,~~103~~214.~~200000~~800000	1,000.000000
R	0506/01/05		0506/30/05		A-30/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000
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First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Distribution to Date -
																	Current
	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal
Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
I-A-1	713,502,000.00		35,~~886~~820,~~153~~423.9985		511,~~597~~178,~~459~~294.4906		~~263~~414,~~819~~457.8034		511,~~861~~592,~~279~~751.2940		917,~~747~~413,~~433~~175.2825		0.00		0.00		~~707~~701,~~640~~909,~~720~~248.7160
II-A-1	91,800,000.00		~~476~~698,~~242~~632.5756		712,~~251~~294,~~333~~957.1626		~~312~~448,~~373~~510.6079		712,~~563~~743,~~706~~468.7605		813,~~039~~442,~~949~~100.3361		0.00		0.00		8479,~~236~~056,~~293~~531.2495
II-A-2	85,330,000.00		~~457~~686,~~439~~699.9143		0.00		0.00		0.00		~~457~~686,~~439~~699.9143		0.00		0.00		85,330,000.00
II-A-3	92,580,000.00		~~508~~763,~~649~~148.9587		0.00		0.00		0.00		~~508~~763,~~649~~148.9587		0.00		0.00		92,580,000.00
II-A-4	35,513,000.00		~~199~~299,~~849~~683.4100		0.00		0.00		0.00		~~199~~299,~~849~~683.4100		0.00		0.00		35,513,000.00
M-1	66,938,000.00		~~391~~586,~~196~~140.8307		0.00		0.00		0.00		~~391~~586,~~196~~140.8307		0.00		0.00		66,938,000.00
M-2	33,788,000.00		~~200~~299,~~278~~992.3799		0.00		0.00		0.00		~~200~~299,~~278~~992.3799		0.00		0.00		33,788,000.00
M-3	23,588,000.00		~~143~~215,~~749~~196.2036		0.00		0.00		0.00		~~143~~215,~~749~~196.2036		0.00		0.00		23,588,000.00
M-4	22,950,000.00		~~142~~213,~~538~~302.6381		0.00		0.00		0.00		~~142~~213,~~538~~302.6381		0.00		0.00		22,950,000.00
M-5	23,588,000.00		~~147~~220,~~680~~962.5432		0.00		0.00		0.00		~~147~~220,~~680~~962.5432		0.00		0.00		23,588,000.00
M-6	16,575,000.00		~~118~~176,~~138~~336.3220		0.00		0.00		0.00		~~118~~176,~~138~~336.3220		0.00		0.00		16,575,000.00
M-7	15,300,000.00		~~111~~166,~~600~~511.7587		0.00		0.00		0.00		~~111~~166,~~600~~511.7587		0.00		0.00		15,300,000.00
M-8	14,663,000.00		~~117~~175,~~951~~708.61		0.00		0.00		0.00		~~117~~175,~~951~~708.61		0.00		0.00		14,663,000.00
M-9	12,113,000.00		~~122~~182,~~674~~163.4159		0.00		0.00		0.00		~~122~~182,~~674~~163.4159		0.00		0.00		12,113,000.00
B-1	9,563,000.00		96143,~~849~~814.2995		0.00		0.00		0.00		96143,~~849~~814.2995		0.00		0.00		9,563,000.00
B-2	10,834,000.00		~~100~~149,~~693~~687.0055		0.00		0.00		0.00		~~100~~149,~~693~~687.0055		0.00		0.00		10,834,000.00
C	6,374,900.00		24,~~320~~108,~~743~~499.5598		0.00		0.00		0.00		24,~~320~~108,~~743~~499.5598		0.00		100.00		6,375,000.00
P	100.00		~~127~~220,~~611~~432.1361		0.00		0.00		0.00		~~127~~220,~~611~~432.1361		0.00		0.00		100.00
R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total	1,275,000,000.00		915,~~670~~127,~~041~~337.4662		1223,~~848~~473,~~792~~251.6532		~~576~~862,~~193~~968.4013		1324,~~424~~336,~~986~~219.0545		2339,~~095~~463,~~027~~557.5107		0.00		100.00		1,~~261~~250,~~575~~663,~~113~~880.9555
Page 4 of 26
Page 4 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Interest Detail -
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or		Current
	Through		(with Notional)		Accrued		Supported		Unpaid		Interest		Optimal		Deferred		Unpaid
Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
I-A-1	3.~~29000~~51438%		~~710~~707,~~132~~640,~~611~~720.9371		21,~~141~~934,~~641~~269.6086		0.00		0.00		0.00		21,~~141~~934,~~641~~269.6086		21,~~141~~934,~~641~~269.6086		0.00
II-A-1	3.~~17000~~39438%		8984,~~493~~236,~~627~~293.5524		~~260~~222,~~053~~389.5799		0.00		0.00		0.00		~~260~~222,~~053~~389.5799		~~260~~222,~~053~~389.5799		0.00
II-A-2	3.~~23000~~45438%		85,330,000.00		~~252~~229,~~647~~259.9152		0.00		0.00		0.00		~~252~~229,~~647~~259.9152		~~252~~229,~~647~~259.9152		0.00
II-A-3	3.~~31000~~53438%		92,580,000.00		~~280~~254,~~903~~498.1592		0.00		0.00		0.00		~~280~~254,~~903~~498.1592		~~280~~254,~~903~~498.1592		0.00
II-A-4	3.~~39000~~61438%		35,513,000.00		~~110~~99,~~356~~833.6559		0.00		0.00		0.00		~~110~~99,~~356~~833.6559		~~110~~99,~~356~~833.6559		0.00
M-1	3.~~52000~~74438%		66,938,000.00		~~215~~194,~~986~~943.6124		0.00		0.00		0.00		~~215~~194,~~986~~943.6124		~~215~~194,~~986~~943.6124		0.00
M-2	3.~~57000~~79438%		33,788,000.00		~~110~~99,~~571~~714.2362		0.00		0.00		0.00		~~110~~99,~~571~~714.2362		~~110~~99,~~571~~714.2362		0.00
M-3	3.~~67000~~89438%		23,588,000.00		7971,~~353~~447.9616		0.00		0.00		0.00		7971,~~353~~447.9616		7971,~~353~~447.9616		0.00
M-4	3.~~74000~~96438%		22,950,000.00		7870,~~680~~764.2518		0.00		0.00		0.00		7870,~~680~~764.2518		7870,~~680~~764.2518		0.00
M-5	3.~~77000~~99438%		23,588,000.00		8173,~~516~~281.2078		0.00		0.00		0.00		8173,~~516~~281.2078		8173,~~516~~281.2078		0.00
M-6	4.~~29000~~51438%		16,575,000.00		6558,~~181~~197.1988		0.00		0.00		0.00		6558,~~181~~197.1988		6558,~~181~~197.1988		0.00
M-7	4.~~39000~~61438%		15,300,000.00		6154,~~569~~911.7512		0.00		0.00		0.00		6154,~~569~~911.7512		6154,~~569~~911.7512		0.00
M-8	45.~~84000~~06438%		14,663,000.00		6557,~~054~~757.8400		0.00		0.00		0.00		6557,~~054~~757.8400		6557,~~054~~757.8400		0.00
M-9	56.~~71962~~31438%		12,113,000.00		6359,~~508~~489.2318		0.00		0.00		0.00		6359,~~508~~489.2318		6759,~~620~~489.8218		0.00
B-1	56.~~71962~~31438%		9,563,000.00		5046,~~138~~965.6366		0.00		0.00		0.00		5046,~~138~~965.6366		5346,~~385~~965.4566		0.00
B-2	5.~~59000~~81438%		10,834,000.00		5548,~~515~~994.2255		0.00		0.00		0.00		5548,~~515~~994.2255		5548,~~515~~994.2255		0.00
C	~~297~~336.~~16280~~51886%		6,375,000.00		1,~~578~~787,~~677~~756.3843		0.00		0.00		0.00		1,~~578~~787,~~677~~756.3843		1,~~578~~787,~~677~~756.3843		0.00
P	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		8492,~~910~~821.3248		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
Total			1,~~269~~261,~~324~~575,~~339~~113.4895		5,~~551~~364,~~356~~474.3768		0.00		0.00		0.00		5,~~551~~364,~~356~~474.3768		5,~~643~~457,~~626~~296.1016		0.00
Page 5 of 26
Page 5 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Collection Account Report
SUMMARY
										Group 2		Group 1		Total
Principal Collections										5,~~257~~179,~~334~~761.3129		25,~~491~~731,~~891~~472.2211		710,~~749~~911,~~225~~233.5340
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										5,~~257~~179,~~334~~761.3129		25,~~491~~731,~~891~~472.2211		710,~~749~~911,~~225~~233.5340
Interest Collections										1,~~073~~046,~~947~~006.8343		3,~~137~~122,~~829~~370.9506		4,~~211~~168,~~777~~376.7749
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts										~~559~~506,~~943~~469.3348		1945,~~045,493~~650.3107		1,~~690~~544,~~346~~941.9603
Interest Fees										-6766,~~707~~777.9276		-~~190~~189,~~790~~243.7160		-~~258~~256,~~498~~021.6336
TOTAL NET INTEREST										1,~~566~~485,~~183~~698.2316		3,~~992~~878,~~532~~776.5553		5,~~643~~457,~~626~~296.1016
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										6,~~823~~665,~~517~~459.5445		69,~~484~~610,~~423~~248.7764		1316,~~392~~368,~~851~~529.6356
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											4443,~~153~~588.2533		243,~~390~~186.9339		~~287~~286,~~544~~774.1872
Curtailments											56,~~699~~968.9424		~~134~~33,~~276~~919.4661		~~139~~40,~~976~~887.4085
Prepayments In Full											5,~~207~~129,~~481~~204.1272		25,~~114~~454,~~223~~366.8311		#######
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											-86,~~705~~941.0773		-39,~~784~~315.1806		-4846,~~489~~256.2579
Realized Losses											-0.00		-0.00		-0.00
Advanced Principal											86,~~705~~941.0773		39,~~784~~315.1806		4846,~~489~~256.2579
TOTAL PRINCIPAL COLLECTED											5,~~257~~179,~~334~~761.3129		25,~~491~~731,~~891~~472.2211		710,~~749~~911,~~225~~233.5340
PRINCIPAL - WITHDRAWALS
SPACE INTENTIONALLY LEFT BLANK
PRINCIPAL - OTHER ACCOUNTS
										Group 2		Group 1		Total
TOTAL PRINCIPAL OTHER ACCOUNTS										0.00		0.00		0.00
Page 6 of 26
Page 6 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										1,~~089~~060,~~560~~359.9214		3,~~177~~162,~~890~~939.5448		4,~~267~~223,~~451~~298.4662
Repurchased/Substitution Interest										0.00		0.00		0.00
Liquidation Interest										0.00		0.00		0.00
Other Additional Interest										0.00		0.00		0.00
Prepayment Interest Shortfalls										-~~4,384~~877.7429		-~~886~~5,092.0532		-5,~~270~~969.7961
Delinquent Interest										-~~209~~191,~~449~~239.6992		-~~568~~574,~~583~~377.1500		-~~778~~765,~~032~~616.8492
Compensating Interest										~~4,384~~877.7429		~~886~~5,092.0531		5,~~270~~969.7861
Civil Relief Act Shortfalls										-0.00		-0.00		-0.00
Interest Advanced										~~193~~176,~~836~~887.5921		~~528~~533,~~522~~807.5558		~~722~~710,~~359~~694.1479
TOTAL INTEREST COLLECTED										1,~~073~~046,~~947~~006.8343		3,~~137~~122,~~829~~370.9506		4,~~211~~168,~~777~~376.7749
INTEREST - WITHDRAWALS
										Group 2		Group 1		Total
TOTAL INTEREST WITHDRAWALS										0.00		0.00		0.00
INTEREST - OTHER ACCOUNTS
										Group 2		Group 1		Total
Interest from Interest Coverage Account										~~559~~506,~~943~~469.3348		1945,~~045,493~~650.3107		1,~~605~~452,~~436~~119.6455
Prepayment Charges														8492,~~910~~821.3248
TOTAL INTEREST OTHER ACCOUNTS										~~559~~506,~~943~~469.3348		1945,~~045,493~~650.3107		1,~~690~~544,~~346~~941.9603
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										6766,~~707~~777.9276		~~190~~189,~~790~~243.7160		~~258~~256,~~498~~021.6336
Trustee Fees										0.00		0.00		0.00
TOTAL INTEREST FEES										6766,~~707~~777.9276		~~190~~189,~~790~~243.7160		~~258~~256,~~498~~021.6336
Page 7 of 26
Page 7 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS
RESERVE
Amount Deposited in the Account						~~7,359~~0.4100
Amount Withdrawn						~~7,359~~0.4100
Releases						0.00
INSURANCE
SPACE INTENTIONALLY LEFT BLANK
STRUCTURAL FEATURES
										Group 2		Group 1		Total
Overcollateralization Amount														6,375,000.00
Overcollateralization Target Amount														6,375,000.00
Overcollateralization Deficiency Amount														0.00
Overcollateralization Release Amount														0.00
Page 8 of 26
Page 8 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Collateral Report
COLLATERAL
											Group 2		Group 1		Total
Loan Count:
Original										422		3,553		3,975
Prior										~~418~~408		3,~~536~~524		3,~~954~~932
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-109		-1232		-2241
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										~~408~~399		3,~~524~~492		3,~~932~~891
Principal Balance:
Original										202,276,785.92		557,412,462.56		759,689,248.48
Prior										~~199~~194,~~970~~713,~~454~~119.1180		~~554~~551,~~043~~551,~~133~~242.8563		~~754~~746,~~013~~264,~~587~~362.9643
Prefunding										0.00		0.00		0.00
Scheduled Principal										-4443,~~153~~588.2533		-243,~~390~~186.9339		-~~287~~286,~~544~~774.1872
Partial Prepayments										-56,~~699~~968.9424		-~~134~~33,~~276~~919.4661		-~~139~~40,~~976~~887.4085
Full Voluntary Prepayments										-5,~~207~~129,~~481~~204.1272		-25,~~114~~454,~~223~~366.8311		-710,~~321~~583,~~704~~570.9583
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										~~194~~189,~~713~~533,~~119~~358.8051		~~551~~545,~~551~~819,~~242~~770.6352		~~746~~735,~~264~~353,~~362~~129.4303
PREFUNDING
										Group 2		Group 1		Total
Prefunding Account Original Balance										179,729,808.30		335,580,943.22		515,310,751.52
Prefunding Account Beginning Balance										179,729,808.30		335,580,943.22		515,310,751.52
Subsequent Loans Added to the Pool										0.00		0.00		0.00
Prefund Release to Certificate Holders										0.00		0.00		0.00
Prefunding Account Ending Balance										179,729,808.30		335,580,943.22		515,310,751.52
Page 9 of 26
Page 9 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										6.53900%		6.88491%		6.79281%
Weighted Average Coupon Prior										6.~~53900~~53833%		6.~~88491~~88298%		6.~~79281~~79158%
Weighted Average Coupon Current										6.~~53833~~53490%		6.~~88298~~88155%		6.~~79158~~79110%
Weighted Average Months to Maturity Original										358		356		357
Weighted Average Months to Maturity Prior										~~358~~357		~~356~~355		~~357~~355
Weighted Average Months to Maturity Current										~~357~~356		~~355~~354		~~355~~354
Weighted Avg Remaining Amortization Term Original										358		356		357
Weighted Avg Remaining Amortization Term Prior										~~358~~357		~~356~~355		~~357~~355
Weighted Avg Remaining Amortization Term Current										~~357~~356		~~355~~354		~~355~~354
Weighted Average Seasoning Original										2.19		2.19		2.19
Weighted Average Seasoning Prior										23.1918		23.19		23.19
Weighted Average Seasoning Current										34.1819		34.19		34.19
Page 10 of 26
Page 10 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										5.55112%		5.78001%		5.71611%
Weighted Average Margin Prior										5.~~55112~~55735%		5.~~78001~~77931%		5.~~71611~~71761%
Weighted Average Margin Current										5.~~55735~~57037%		5.~~77931~~77732%		5.~~71761~~72067%
Weighted Average Max Rate Original										12.52761%		12.82550%		12.74234%
Weighted Average Max Rate Prior										12.~~52761~~52675%		12.~~82550~~82362%		12.~~74234~~74109%
Weighted Average Max Rate Current										12.~~52675~~52637%		12.~~82362~~82134%		12.~~74109~~74059%
Weighted Average Min Rate Original										6.52761%		6.82550%		6.74234%
Weighted Average Min Rate Prior										6.~~52761~~52675%		6.~~82550~~82362%		6.~~74234~~74109%
Weighted Average Min Rate Current										6.~~52675~~52637%		6.~~82362~~82134%		6.~~74109~~74059%
Weighted Average Cap Up Original										1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Prior										1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Current										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Original										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Prior										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Current										1.00000%		1.00000%		1.00000%
SERVICING FEES & ADVANCES
											Group 2		Group 1		Total
Current Servicing Fees										6766,~~707~~777.9276		~~190~~189,~~790~~243.7160		~~258~~256,~~498~~021.6336
Delinquent Servicing Fees										1514,~~613~~352.1071		40,~~060~~569.6042		5554,~~673~~922.7013
TOTAL SERVICING FEES										8381,~~321~~130.0247		~~230~~229,~~851~~813.3103		~~314~~310,~~172~~943.3350
Total Servicing Fees										8381,~~321~~130.0247		~~230~~229,~~851~~813.3103		~~314~~310,~~172~~943.3350
Compensating Interest										-~~4,384~~877.7429		-~~886~~5,092.0531		-5,~~270~~969.7861
Delinquent Servicing Fees										-1514,~~613~~352.1071		-40,~~060~~569.6042		-5554,~~673~~922.7013
COLLECTED SERVICING FEES										6365,~~323~~900.1846		~~189~~184,~~904~~151.6729		~~253~~250,~~227~~051.8576
Total Advaced Interest										~~193~~176,~~836~~887.5921		~~528~~533,~~522~~807.5558		~~722~~710,~~359~~694.1479
Total Advaced Principal										86,~~705~~941.0773		39,~~784~~315.1806		4846,~~489~~256.2579
Aggregate Advances with respect to this Distribution										~~202~~183,~~541~~828.6694		~~568~~573,~~306~~122.7264		~~770~~756,~~848~~951.3859
ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)										~~4,384~~877.7429		~~886~~5,092.0532		5,~~270~~969.7961
Compensating Interest										-~~4,384~~877.7429		-~~886~~5,092.0531		-5,~~270~~969.7861
Net Prepayment Interest Shortfall (PPIS)										0.00		0.00		0.00
Weighted Average Net Mortgage Rate										9.~~398488~~156228%		8.~~647412~~438984%		8.~~981736~~775383%
Libor For Current Period														3.~~0900~~3144%
Libor For Next Period														3.~~3144~~4600%
Page 11 of 26
Page 11 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Delinquency Report
	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				12,~~499~~536,~~722~~306.9612		0591,375.0002		0.00		13,~~499~~127,~~722~~681.9614
			% Balance				0.2034%		0.0008%		0.00%		0.2043%
			# Loans				317		02		0		319
			% # Loans				0.0844%		0.0005%		0.00%		0.0849%
	FORECLOSURE		Balance		~~279,356~~0.8900		01,668,103.0058		0700,000.00		0.00		~~279~~2,~~356~~368,103.8958
			% Balance		0.0400%		0.0023%		0.0010%		0.00%		0.0432%
			# Loans		10		06		01		0		17
			% # Loans		0.0300%		0.0015%		0.0003%		0.00%		0.0318%
	BANKRUPTCY		Balance		~~348~~1,~~867~~137,400.8163		061,875.00		0.00		0.00		~~348~~1,~~867~~199,275.8163
			% Balance		0.0515%		0.0001%		0.00%		0.00%		0.0516%
			# Loans		38		01		0		0		39
			% # Loans		0.0821%		0.0003%		0.00%		0.00%		0.0823%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		~~628~~1,~~224~~137,400.7063		14,~~499~~266,~~722~~284.9670		01,291,375.0002		0.00		26,~~127~~695,~~947~~060.6635
			% Balance		0.0815%		0.2058%		0.0018%		0.00%		0.2991%
			# Loans		48		324		03		0		735
			% # Loans		0.1021%		0.0862%		0.0008%		0.00%		0.1890%
Page 12 of 26
Page 12 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				~~154~~1,~~722~~964,308.9612		0154,562.0039		0.00		~~154~~2,~~722~~118,870.9651
			% Balance				0.0336%		0.0003%		0.00%		0.0339%
			# Loans				116		01		0		117
			% # Loans				0.0346%		0.0003%		0.00%		0.0349%
	FORECLOSURE		Balance		~~279,356~~0.8900		0707,660.0041		0.00		0.00		~~279~~707,~~356~~660.8941
			% Balance		0.0500%		0.0013%		0.00%		0.00%		0.0513%
			# Loans		10		04		0		0		14
			% # Loans		0.0300%		0.0011%		0.00%		0.00%		0.0311%
	BANKRUPTCY		Balance		~~348~~1,~~867~~137,400.8163		061,875.00		0.00		0.00		~~348~~1,~~867~~199,275.8163
			% Balance		0.0621%		0.0001%		0.00%		0.00%		0.0622%
			# Loans		38		01		0		0		39
			% # Loans		0.0923%		0.0003%		0.00%		0.00%		0.0926%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		~~628~~1,~~224~~137,400.7063		~~154~~2,~~722~~733,843.9653		0154,562.0039		0.00		~~782~~4,~~947~~025,806.6655
			% Balance		0.1121%		0.0350%		0.0003%		0.00%		0.1474%
			# Loans		48		121		01		0		530
			% # Loans		0.1123%		0.0360%		0.0003%		0.00%		0.1486%
Page 13 of 26
Page 13 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				1571,~~345,000~~998.00		0436,812.0063		0.00		1,~~345~~008,~~000~~810.0063
			% Balance				0.6930%		0.0023%		0.00%		0.6953%
			# Loans				21		01		0		2
			% # Loans				0.4925%		0.0025%		0.00%		0.4950%
	FORECLOSURE		Balance		0.00		0960,443.0017		0700,000.00		0.00		01,660,443.0017
			% Balance		0.00%		0.0051%		0.0037%		0.00%		0.0088%
			# Loans		0		02		01		0		03
			% # Loans		0.00%		0.0050%		0.0025%		0.00%		0.0075%
	BANKRUPTCY		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		1,~~345~~532,~~000~~441.0017		01,136,812.0063		0.00		12,~~345~~669,~~000~~253.0080
			% Balance		0.00%		0.6981%		0.0060%		0.00%		01.6941%
			# Loans		0		23		02		0		25
			% # Loans		0.00%		0.4975%		0.0050%		0.00%		01.4925%
Page 14 of 26
Page 14 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
REO Report
Loan Number			Original		Stated				Current		State &
														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment
Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
TOTAL
Page 15 of 26
Page 15 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Foreclosure Report
Loan Number			Original		Stated				Current		State &
														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment
Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
4000250689 1
4000163283 1
			280,000.00		279,356.89		01-Apr-2005		7.375%		MI - 99.92%		360		01-Apr-2005
			158,100.00		156,784.87		01-Apr-2005		7.625%		MI - 84.49%		360		01-Sep-2004
TOTAL			280,000.00		279,356.89
4000250689 1			280,000.00		279,139.88		01-Apr-2005		7.375%		MI - 99.92%		360		01-Apr-2005
Page 16 of 26
4000261883 1			172,000.00		172,000.00		01-Apr-2005		7.625%		LA - 80.00%		360		01-Apr-2005
4000267677 1			100,000.00		99,735.66		01-Apr-2005		8.125%		GA - 71.90%		360		01-Apr-2005
35805357 2			700,000.00		700,000.00		01-Mar-2005		7.875%		NC - 96.55%		360		01-Apr-2005
35830801 2			464,000.00		462,574.64		01-Apr-2005		7.375%		IL - 79.94%		360		01-Apr-2005
4000268582 2			499,000.00		497,868.53		01-Apr-2005		8.875%		NY - 99.94%		360		01-Apr-2005
TOTAL			2,373,100.00		2,368,103.58
Page 16 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Prepayment Report
VOLUNTARY PREPAYMENTS
											Group 2		Group 1		Total
Current
Number of Paid in Full Loans										109		1232		2241
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										109		1232		2241
Curtailments Amount										56,~~699~~968.9424		~~134~~33,~~276~~919.4661		~~139~~40,~~976~~887.4085
Paid in Full Balance										5,~~207~~129,~~481~~204.1272		25,~~114~~454,~~223~~366.8311		710,~~321~~583,~~704~~570.9583
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										5,~~213~~136,~~181~~172.0696		25,~~248~~488,~~500~~285.2972		710,~~461~~624,~~681~~458.3568
Cumulative
Number of Paid in Full Loans										1423		2961		4384
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										1423		2961		4384
Paid in Full Balance										712,~~462~~591,~~302~~506.0678		510,~~190~~644,~~489~~855.1627		~~12,652,791.22~~#######
Repurchased Loans Balance										0.00		0.00		0.00
Curtailments Amount										1118,~~854~~822.0024		~~184~~217,~~052~~972.5112		~~195~~236,~~906~~794.5136
Total Prepayment Amount										712,~~474~~610,~~156~~329.0602		510,~~374~~862,~~541~~827.6739		1223,~~848~~473,~~697~~156.7341
Page 17 of 26
Page 17 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
VOLUNTARY PREPAYMENTS RATES
											Group 2		Group 1		Total
SMM										2.6164%		01.4100%		01.9942%
3 Months Avg SMM										12.8712%		0.4865%		01.8504%
12 Months Avg SMM										12.8712%		0.4865%		01.8504%
Avg SMM Since Cut-off										12.8712%		0.4865%		01.8504%
CPR										27.1745%		411.7631%		1115.2581%
3 Months Avg CPR										2022.2371%		57.6558%		911.7381%
12 Months Avg CPR										2022.2371%		57.6558%		911.7381%
Avg CPR Since Cut-off										2022.2371%		57.6558%		911.7381%
PSA										43,~~265~~278.9896%		~~747~~1,351.9822%		1,~~766~~888.6784%
3 Months Avg PSA Approximation										3,~~760~~561.5881%		1,~~051~~189.9818%		1,~~811~~852.4576%
12 Months Avg PSA Approximation										3,~~760~~561.5881%		1,~~051~~189.9818%		1,~~811~~852.4576%
Avg PSA Since Cut-off Approximation										3,~~760~~561.5882%		1,~~051~~189.9818%		1,~~811~~852.4575%
Page 18 of 26
Page 18 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
PREPAYMENT CALCULATION METHODOLOGY
Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.002min(30,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)(1-SMMn+1)...(1-SMMm)]^(1/months in period n,m) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m)) Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.
Page 19 of 26
Page 19 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
34835678 1			200,000.00		199,637.40			08-Jun-2005		6.500%		ME - 79.93%		Paid Off - 360		01-Apr-2005
35808062 1			114,100.00		113,654.50			30-Jun-2005		8.000%		NC - 99.74%		Paid Off - 360		01-Mar-2005
35397777 1			158,100.00		157,785.19			09-Jun-2005		9.500%		NM - 84.87%		Paid Off - 360		01-Feb-2005
35902295 1			158,950.00		158,950.00			05-Jul-2005		7.875%		AZ - 99.97%		Paid Off - 360		01-Apr-2005
35725829 2			650,000.00		650,000.00			03-Jun-2005		6.625%		CA - 73.03%		Paid Off - 360		01-Jan-2005
4000154760 1			140,650.00		140,244.31			13-Jul-2005		6.500%		FL - 79.91%		Paid Off - 360		01-Apr-2005
4000232832 1			296,400.00		295,533.69			06-Jun-2005		7.625%		GA - 94.79%		Paid Off - 360		01-Feb-2005
4000188234 1			169,600.00		169,116.10			24-Jun-2005		6.500%		NY - 79.55%		Paid Off - 360		01-Apr-2005
4000235798 2			576,350.00		576,350.00			09-Jun-2005		6.250%		CA - 80.00%		Paid Off - 360		01-Apr-2005
4000221566 2			399,000.00		399,000.00			06-Jul-2005		8.999%		OH - 95.00%		Paid Off - 360		01-Feb-2005
4000238130 1			99,000.00		98,844.83			25-May-2005		9.250%		GA - 99.90%		Paid Off - 360		01-Mar-2005
4000246580 2			535,500.00		535,500.00			05-Jul-2005		6.999%		VA - 90.00%		Paid Off - 360		01-Apr-2005
4000243273 2			910,000.00		910,000.00			16-May-2005		6.750%		CA - 65.00%		Paid Off - 360		01-Mar-2005
4000253096 2			645,000.00		645,000.00			06-Jul-2005		7.375%		CA - 75.00%		Paid Off - 360		01-Apr-2005
4000244349 2			561,400.00		561,400.00			25-May-2005		5.750%		CA - 80.00%		Paid Off - 360		01-Apr-2005
4000254019 1			68,000.00		67,855.09			20-Jun-2005		7.750%		MI - 99.93%		Paid Off - 360		01-Apr-2005
4000251093 1			229,500.00		229,113.28			24-May-2005		6.875%		CA - 84.93%		Paid Off - 360		01-Apr-2005
4000254780 1			105,600.00		105,600.00			23-Jun-2005		5.625%		GA - 80.00%		Paid Off - 360		01-Mar-2005
4000251730 2			448,750.00		448,750.00			16-May-2005		6.250%		CA - 80.00%		Paid Off - 360		01-Apr-2005
4000255138 1			125,800.00		125,518.17			22-Jun-2005		7.500%		FL - 84.94%		Paid Off - 360		01-Apr-2005
4000256962 2			400,000.00		399,274.84			02-Jun-2005		6.500%		CA - 84.13%		Paid Off - 360		01-Apr-2005
4000255401 1			70,000.00		70,000.00			05-Jul-2005		6.875%		MI - 51.09%		Paid Off - 360		01-Apr-2005
4000258360 1			175,500.00		175,065.81			15-Jun-2005		6.999%		IN - 89.85%		Paid Off - 360		01-Mar-2005
4000257247 1			187,500.00		187,119.96			22-Jun-2005		7.999%		CA - 74.95%		Paid Off - 360		01-Apr-2005
4000259036 1			39,900.00		39,840.59			03-Jun-2005		7.500%		TN - 99.93%		Paid Off - 360		01-Apr-2005
4000257704 1			170,000.00		170,000.00			05-Jul-2005		7.875%		AZ - 85.00%		Paid Off - 360		01-Apr-2005
4000260290 1			201,000.00		200,708.11			14-Jun-2005		7.625%		MO - 86.58%		Paid Off - 360		01-Apr-2005
4000257934 1			112,000.00		112,000.00			15-Jul-2005		7.375%		AZ - 80.00%		Paid Off - 360		01-Apr-2005
4000260532 1			174,250.00		174,250.00			19-May-2005		6.750%		MN - 85.00%		Paid Off - 360		01-Apr-2005
4000257970 1			304,000.00		304,000.00			13-Jul-2005		8.000%		MA - 80.00%		Paid Off - 360		01-Apr-2005
4000262877 1			230,000.00		229,572.82			02-Jun-2005		6.375%		CA - 79.93%		Paid Off - 360		01-Apr-2005
4000258112 1			175,450.00		175,450.00			07-Jul-2005		8.250%		AZ - 99.97%		Paid Off - 360		01-Mar-2005
4000263178 2			390,000.00		389,183.69			10-Jun-2005		5.750%		CA - 69.57%		Paid Off - 360		01-Apr-2005
4000259318 1			148,500.00		148,500.00			14-Jul-2005		7.750%		IL - 90.00%		Paid Off - 360		01-Apr-2005
4000264065 2			414,000.00		413,456.53			30-May-2005		8.125%		MI - 89.94%		Paid Off - 360		01-Apr-2005
4000259796 2			412,000.00		412,000.00			29-Jun-2005		7.625%		IL - 80.00%		Paid Off - 360		01-Apr-2005
4000266799 1			94,350.00		94,216.39			26-May-2005		7.750%		TX - 84.94%		Paid Off - 360		01-Apr-2005
4000260353 1			250,000.00		249,439.89			23-Jun-2005		7.500%		IL - 87.65%		Paid Off - 360		01-Apr-2005
4000272324 2			460,000.00		459,166.06			10-Jun-2005		6.500%		CA - 54.07%		Paid Off - 360		01-Apr-2005
4000260976 1			104,800.00		104,492.85			15-Jul-2005		6.125%		TX - 79.92%		Paid Off - 360		01-Apr-2005
4000273878 1			220,000.00		219,655.72			07-Jun-2005		7.250%		IL - 84.55%		Paid Off - 360		01-Apr-2005
4000263344 1			275,000.00		274,428.52			23-Jun-2005		7.875%		AZ - 99.93%		Paid Off - 360		01-Apr-2005
4000275398 2			399,900.00		399,900.00			27-May-2005		8.625%		FL - 98.26%		Paid Off - 360		01-Apr-2005
4000263721 1			171,350.00		171,341.96			16-Jun-2005		6.625%		OR - 84.99%		Paid Off - 360		01-Apr-2005
TOTAL			7,328,400.00		7,321,704.95
4000263798 1			180,000.00		179,625.95			13-Jul-2005		7.875%		NV - 74.95%		Paid Off - 360		01-Apr-2005
Page 20 of 26
4000264057 1			72,000.00		72,000.00			17-Jun-2005		7.125%		IL - 40.00%		Paid Off - 180		01-Apr-2005
4000264381 1			340,000.00		340,000.00			30-Jun-2005		6.999%		CA - 68.00%		Paid Off - 360		01-Apr-2005
4000265464 1			318,250.00		318,157.19			27-Jun-2005		6.999%		CA - 95.00%		Paid Off - 360		01-Apr-2005
4000265755 1			275,000.00		274,319.81			16-Jun-2005		7.000%		IL - 76.33%		Paid Off - 360		01-Apr-2005
4000267635 2			893,000.00		893,000.00			30-Jun-2005		5.875%		CA - 65.00%		Paid Off - 360		01-Apr-2005
4000269777 1			200,000.00		200,000.00			29-Jun-2005		6.625%		CA - 80.00%		Paid Off - 360		01-Apr-2005
4000270903 2			550,000.00		549,068.12			29-Jun-2005		8.875%		NJ - 98.16%		Paid Off - 360		01-Apr-2005
4000271454 2			540,000.00		537,786.60			15-Jul-2005		6.500%		IN - 99.79%		Paid Off - 360		01-Apr-2005
4000271524 1			215,000.00		214,481.14			17-Jun-2005		7.125%		MD - 97.21%		Paid Off - 360		01-Apr-2005
4000272733 1			140,000.00		139,999.67			01-Jul-2005		8.500%		CA - 87.50%		Paid Off - 180		01-Apr-2005
4000273408 2			600,000.00		600,000.00			07-Jul-2005		7.500%		CA - 96.00%		Paid Off - 360		01-Apr-2005
4000273434 1			95,900.00		95,612.15			07-Jul-2005		6.000%		NC - 79.90%		Paid Off - 360		01-Apr-2005
4000273833 1			120,000.00		119,672.79			23-Jun-2005		6.500%		OH - 79.93%		Paid Off - 360		01-Apr-2005
4000274963 1			288,000.00		287,354.76			28-Jun-2005		7.500%		IL - 89.93%		Paid Off - 360		01-Apr-2005
Page 20 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment
Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date
4000275222 2			557,850.00		557,850.00			28-Jun-2005		7.500%		MD - 80.00%		Paid Off - 360		01-Apr-2005
4000276512 1			70,200.00		70,200.00			23-Jun-2005		7.250%		NC - 90.00%		Paid Off - 360		01-Apr-2005
4000277105 1			205,000.00		204,624.79			24-Jun-2005		8.500%		NC - 99.36%		Paid Off - 360		01-Apr-2005
4000279570 1			90,800.00		90,606.51			22-Jun-2005		7.750%		NC - 99.93%		Paid Off - 360		01-Apr-2005
TOTAL			10,593,800.00		10,583,570.83
Page 21 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
July 25, 2005 Distribution
Realized Loss Report
COLLATERAL REALIZED LOSSES
											Group 2		Group 1		Total
Current
Number of Loans Liquidated										0		0		0
Collateral Principal Realized Loss/(Gain) Amount										0.00		0.00		0.00
Collateral Interest Realized Loss/(Gain) Amount										0.00		0.00		0.00
Net Liquidation Proceeds										0.00		0.00		0.00
Cumulative
Number of Loans Liquidated										0		0		0
Collateral Realized Loss/(Gain) Amount										0.00		0.00		0.00
Net Liquidation Proceeds										0.00		0.00		0.00
Page 21 of 26
Page 22 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
DEFAULT SPEEDS
											Group 2		Group 1		Total
MDR										0.00%		0.00%		0.00%
3 Months Avg MDR										0.00%		0.00%		0.00%
12 Months Avg MDR										0.00%		0.00%		0.00%
Avg MDR Since Cut-off										0.00%		0.00%		0.00%
CDR										0.00%		0.00%		0.00%
3 Months Avg CDR										0.00%		0.00%		0.00%
12 Months Avg CDR										0.00%		0.00%		0.00%
Avg CDR Since Cut-off										0.00%		0.00%		0.00%
SDA										0.00%		0.00%		0.00%
3 Months Avg SDA Approximation										0.00%		0.00%		0.00%
12 Months Avg SDA Approximation										0.00%		0.00%		0.00%
Avg SDA Since Cut-off Approximation										0.00%		0.00%		0.00%
Loss Severity Approximation for Current Period										0.00%		0.00%		0.00%
3 Months Avg Loss Severity Approximation										0.00%		0.00%		0.00%
12 Months Avg Loss Severity Approximation										0.00%		0.00%		0.00%
Avg Loss Severity Approximation Since Cut-off										0.00%		0.00%		0.00%
Page 22 of 26
Page 23 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
	Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)
	Conditional Default Rate (CDR): 1-((1-MDR)^12)
	SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))
	Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)(1-MDRn+1)...*(1-MDRm)]^(1/months in period n,m)
	Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)
	Average SDA Approximation over period between the nth month and mth month:
	AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))
	Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
	Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
	Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)
	Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
	Dates correspond to distribution dates.
Page 23 of 26
Page 24 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative
&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized
Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)
TOTAL
Page 24 of 26
Page 25 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
										Group 2		Group 1		Total
						Has Stepdown Condition occurred (0=No,1=Yes)								0
						Does a Trigger Event Exist-Either a) or b) Yes?								0
						a) Does a Delinquency Trigger Event Exists								0
						b) Does a Loss Trigger Event Exists (0=No,1=Yes)								0
						60+ days Delinqueny Balance								~~279~~2,~~356~~959,478.8960
						Ending Collateral Balance								~~746~~735,~~264~~353,~~362~~129.4303
						Delinquency Percentage								0.~~0374~~4025%
						Senior Enhancement Percentage								3334.~~9881~~3410%
						Cumulative Loss Percentage								0.0000%
ADJUSTABLE RATE CERTIFICATE INFORMATION
SPACE INTENTIONALLY LEFT BLANK
ADDITIONAL INFORMATION
SPACE INTENTIONALLY LEFT BLANK
Page 25 of 26
Page 26 of 27
First Franklin Mortgage Loan Trust 2005-FF4
Mortgage Pass-Through Certificates
2005-FF4
June 27, 2005 Distribution
July 25, 2005 Distribution
Additional Certificate Report
ADDITIONAL CERTIFICATE REPORT
													NET WAC Shortfall CarryOver		NET WAC Shortfall Paid
CLASS
			I-A-1										$0.00		$0.00
			II-A-1										$0.00		$0.00
			II-A-2										$0.00		$0.00
			II-A-3										$0.00		$0.00
			II-A-4										$0.00		$0.00
			M-1										$0.00		$0.00
			M-2										$0.00		$0.00
			M-3										$0.00		$0.00
			M-4										$0.00		$0.00
			M-5										$0.00		$0.00
			M-6										$0.00		$0.00
			M-7										$0.00		$0.00
			M-8										$0.00		$0.00
			M-9										$0.00		~~#######~~$0.00
			B-1										$0.00		~~#######~~$0.00
			B-2										$0.00		$0.00
Page 26 of 26
Page 27 of 27

Filing Compare · First Franklin Mortgage Loan Trust 2005-FF4