8-K 1 ffm04ff4_sep.txt SEPTEMBER 8-K 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): September 27, 2004 FIRST FRANKLIN MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-FF4 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-108395-03 54-2155129 Pooling and Servicing Agreement) (Commission 54-2155130 (State or other File Number) 54-6621652 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (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 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)) ITEM 8.01 Other Events On September 27, 2004 a distribution was made to holders of FIRST FRANKLIN MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2004-FF4 Trust . ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-FF4 Trust, relating to the September 27, 2004 distribution. 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. FIRST FRANKLIN MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2004-FF4 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 9/28/2004 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2004-FF4 Trust, relating to the September 27, 2004 distribution. EX-99.1

First Franklin Mortgage Loan Trust Mortgage Pass-Through Certificates Record Date: 78/31/2004 Distribution Date: 89/2527/2004 FFM Series: 2004-FF4 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution A-1 32027NJS1 SEN 1.~~82500~~99000% ~~308~~304,~~571~~689,~~605~~892.6966 ~~469~~555,~~285~~805.9815 38,~~881~~632,~~713~~044.0340 A-2 32027NJK8 SEN 1.~~74000~~90500% ~~222~~220,~~601~~277,~~624~~319.4013 ~~322~~384,~~772~~659.3627 26,~~324~~935,~~305~~783.2759 M-1 32027NJL6 MEZ 2.~~02000~~18500% 34,358,000.00 5768,~~835~~816.9721 0.00 M-2 32027NJM4 MEZ 2.~~70000~~86500% 30,793,000.00 6980,~~284~~870.2512 0.00 M-3 32027NJN2 MEZ 23.~~95000~~11500% 9,724,000.00 2327,~~904~~766.8307 0.00 B-1 32027NJP7 SUB 3.~~40000~~56500% 6,483,000.00 1821,~~368~~185.5090 0.00 B-2 32027NJQ5 SUB 3.~~70000~~86500% 8,103,000.00 2428,~~984~~708.25 0.00 B-3 32027NJR3 SUB 5.~~20000~~36500% 8,104,000.00 3539,~~117~~854.3380 0.00 X FFM04FF4X SEN 0.00000% 12,641,310.47 21,~~151~~936,~~404~~036.2225 0.00 P FFM04FF4P SEN 0.00000% 0.00 ~~120~~246,~~754~~163.7052 0.00 R FFM4FF4R1 SEN 0.00000% 0.00 0.00 0.00 Totals ~~641~~635,~~379~~173,~~540~~522.5626 3,~~293~~389,~~712~~865.3954 615,~~206~~567,~~018~~827.3099

Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses A-1 0.00 ~~304~~296,~~689~~057,~~892~~848.6626 49,~~350~~187,~~999~~849.0155 0.00 A-2 0.00 ~~220~~213,~~277~~341,~~319~~535.1354 27,~~647~~320,~~077~~442.6386 0.00 M-1 0.00 34,358,000.00 5768,~~835~~816.9721 0.00 M-2 0.00 30,793,000.00 6980,~~284~~870.2512 0.00 M-3 0.00 9,724,000.00 2327,~~904~~766.8307 0.00 B-1 0.00 6,483,000.00 1821,~~368~~185.5090 0.00 B-2 0.00 8,103,000.00 2428,~~984~~708.25 0.00 B-3 0.00 8,104,000.00 3539,~~117~~854.3380 0.00 X 0.00 12,641,310.47 21,~~151~~936,~~404~~036.2225 0.00 P 0.00 0.00 ~~120~~246,~~754~~163.7052 0.00 R 0.00 0.00 0.00 0.00 Totals 0.00 ~~635~~619,~~173~~605,~~522~~694.2627 918,~~499~~957,~~730~~693.6953 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1 310,523,000.00 ~~308~~304,~~571~~689,~~605~~892.6966 ~~164~~163,~~767~~892.5969 38,~~716~~468,~~945~~151.4471 0.00 0.00 A-2 227,543,000.00 ~~222~~220,~~601~~277,~~624~~319.4013 97,~~270~~262.9343 26,~~227~~838,~~034~~521.3416 0.00 0.00 M-1 34,358,000.00 34,358,000.00 0.00 0.00 0.00 0.00 M-2 30,793,000.00 30,793,000.00 0.00 0.00 0.00 0.00 M-3 9,724,000.00 9,724,000.00 0.00 0.00 0.00 0.00 B-1 6,483,000.00 6,483,000.00 0.00 0.00 0.00 0.00 B-2 8,103,000.00 8,103,000.00 0.00 0.00 0.00 0.00 B-3 8,104,000.00 8,104,000.00 0.00 0.00 0.00 0.00 X 12,641,331.77 12,641,310.47 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 648,272,331.77 ~~641~~635,~~379~~173,~~540~~522.5626 ~~262~~261,~~038~~155.5212 515,~~943~~306,~~979~~672.7887 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1 38,~~881~~632,~~713~~044.0340 ~~304~~296,~~689~~057,~~892~~848.6626 0.~~98121522~~95341681 38,~~881~~632,~~713~~044.0340 A-2 26,~~324~~935,~~305~~783.2759 ~~220~~213,~~277~~341,~~319~~535.1354 0.~~96806898~~93758778 26,~~324~~935,~~305~~783.2759 M-1 0.00 34,358,000.00 1.00000000 0.00 M-2 0.00 30,793,000.00 1.00000000 0.00 M-3 0.00 9,724,000.00 1.00000000 0.00 B-1 0.00 6,483,000.00 1.00000000 0.00 B-2 0.00 8,103,000.00 1.00000000 0.00 B-3 0.00 8,104,000.00 1.00000000 0.00 X 0.00 12,641,310.47 0.99999832 0.00 P 0.00 0.00 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 615,~~206~~567,~~018~~827.3099 ~~635~~619,~~173~~605,~~522~~694.2627 0.~~97979428~~95577995 615,~~206~~567,~~018~~827.3099

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 310,523,000.00 ~~993~~981.~~71578173~~21521646 0.~~53061316~~52779565 1127.~~96995211~~27061026 0.00000000 A-2 227,543,000.00 ~~978~~968.~~28377230~~06897655 0.~~42748373~~42744637 930.~~78731202~~05375318 0.00000000 M-1 34,358,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 30,793,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 9,724,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 6,483,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 8,103,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 8,104,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 12,641,331.77 999.99831505 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 All Classes per $25,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 1227.~~50056527~~79840592 ~~981~~953.~~21521646~~41681054 0.~~98121522~~95341681 1227.~~50056527~~79840592 A-2 0.00000000 1030.~~21479575~~48119955 ~~968~~937.~~06897655~~58777699 0.~~96806898~~93758778 1030.~~21479575~~48119955 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 999.99831505 0.99999832 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-1 310,523,000.00 1.~~82500~~99000% ~~308~~304,~~571~~689,~~605~~892.6966 ~~469~~555,~~285~~805.9815 0.00 0.00 A-2 227,543,000.00 1.~~74000~~90500% ~~222~~220,~~601~~277,~~624~~319.4013 ~~322~~384,~~772~~659.3627 0.00 0.00 M-1 34,358,000.00 2.~~02000~~18500% 34,358,000.00 5768,~~835~~816.9721 0.00 0.00 M-2 30,793,000.00 2.~~70000~~86500% 30,793,000.00 6980,~~284~~870.2512 0.00 0.00 M-3 9,724,000.00 23.~~95000~~11500% 9,724,000.00 2327,~~904~~766.8307 0.00 0.00 B-1 6,483,000.00 3.~~40000~~56500% 6,483,000.00 1821,~~368~~185.5090 0.00 0.00 B-2 8,103,000.00 3.~~70000~~86500% 8,103,000.00 2428,~~984~~708.25 0.00 0.00 B-3 8,104,000.00 5.~~20000~~36500% 8,104,000.00 3539,~~117~~854.3380 0.00 0.00 X 12,641,331.77 0.00000% 12,641,310.47 0.00 0.00 0.00 P 0.00 0.00000% 0.00 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 648,272,331.77 1,~~021~~207,~~553~~665.4777 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-1 0.00 0.00 ~~469~~555,~~285~~805.9815 0.00 ~~304~~296,~~689~~057,~~892~~848.6626 A-2 0.00 0.00 ~~322~~384,~~772~~659.3627 0.00 ~~220~~213,~~277~~341,~~319~~535.1354 M-1 0.00 0.00 5768,~~835~~816.9721 0.00 34,358,000.00 M-2 0.00 0.00 6980,~~284~~870.2512 0.00 30,793,000.00 M-3 0.00 0.00 2327,~~904~~766.8307 0.00 9,724,000.00 B-1 0.00 0.00 1821,~~368~~185.5090 0.00 6,483,000.00 B-2 0.00 0.00 2428,~~984~~708.25 0.00 8,103,000.00 B-3 0.00 0.00 3539,~~117~~854.3380 0.00 8,104,000.00 X 0.00 0.00 21,~~151~~936,~~404~~036.2225 0.00 12,641,310.47 P 0.00 0.00 ~~120~~246,~~754~~163.7052 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 3,~~293~~389,~~712~~865.3954 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-1 310,523,000.00 1.~~82500~~99000% ~~993~~981.~~71578173~~21521646 1.~~51127607~~78990010 0.00000000 0.00000000 A-2 227,543,000.00 1.~~74000~~90500% ~~978~~968.~~28377230~~06897655 1.~~41851149~~69049046 0.00000000 0.00000000 M-1 34,358,000.00 2.~~02000~~18500% 1000.00000000 12.~~68333343~~00291664 0.00000000 0.00000000 M-2 30,793,000.00 2.~~70000~~86500% 1000.00000000 2.~~25000000~~62625012 0.00000000 0.00000000 M-3 9,724,000.00 23.~~95000~~11500% 1000.00000000 2.~~45833299~~85541650 0.00000000 0.00000000 B-1 6,483,000.00 3.~~40000~~56500% 1000.00000000 23.~~83333333~~26791609 0.00000000 0.00000000 B-2 8,103,000.00 3.~~70000~~86500% 1000.00000000 3.~~08333333~~54291620 0.00000000 0.00000000 B-3 8,104,000.00 5.~~20000~~36500% 1000.00000000 4.~~33333292~~91791708 0.00000000 0.00000000 X 12,641,331.77 0.00000% 999.99831505 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 All Classes are per $25,000 denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1 0.00000000 0.00000000 1.~~51127607~~78990010 0.00000000 ~~981~~953.~~21521646~~41681054 A-2 0.00000000 0.00000000 1.~~41851149~~69049046 0.00000000 ~~968~~937.~~06897655~~58777699 M-1 0.00000000 0.00000000 12.~~68333343~~00291664 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 2.~~25000000~~62625012 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 2.~~45833299~~85541650 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 23.~~83333333~~26791609 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 3.~~08333333~~54291620 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 4.~~33333292~~91791708 0.00000000 1000.00000000 X 0.00000000 0.00000000 ~~170~~153.~~18809878~~15128858 0.00000000 999.99831505 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 918,~~707~~977,~~098~~244.5626 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties ~~120~~246,~~754~~163.7052 Total Deposits 919,~~827~~223,~~853~~407.2678 Withdrawals Reimbursement for Servicer Advances ~~59,812~~0.1300 Payment of Service Fee ~~268~~265,~~310~~714.4425 Payment of Interest and Principal 918,~~499~~957,~~730~~693.6953 Total Withdrawals (Pool Distribution Amount) 919,~~827~~223,~~853~~407.2678 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~267~~264,~~241~~655.4763 Trustee Fee 1,~~068~~058.9762 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~268~~265,~~310~~714.4425

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Financial Guaranty 0.00 160.00 0.00 0.00 Reserve Fund 1632.00 0.00 160.00 320.00

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 6449 0 0 0 6449 118,~~923~~708,~~802~~755.3156 0.00 0.00 0.00 118,~~923~~708,~~802~~755.3156 60 Days 2628 0 0 0 2628 35,~~941~~469,~~201~~286.6533 0.00 0.00 0.00 35,~~941~~469,~~201~~286.6533 90 Days 124 0 0 0 124 ~~133~~3,~~907~~592,524.3712 0.00 0.00 0.00 ~~133~~3,~~907~~592,524.3712 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 91101 0 0 0 91101 1517,~~998~~770,~~911~~566.3301 0.00 0.00 0.00 1517,~~998~~770,~~911~~566.3301 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 21.~~084012~~630073% 0.000000% 0.000000% 0.000000% 21.~~084012~~630073% 1.~~877251~~405532% 0.000000% 0.000000% 0.000000% 1.~~877251~~405532% 60 Days 0.~~846630~~931470% 0.000000% 0.000000% 0.000000% 0.~~846630~~931470% 0.~~620492~~882704% 0.000000% 0.000000% 0.000000% 0.~~620492~~882704% 90 Days 0.~~032563~~798403% 0.000000% 0.000000% 0.000000% 0.~~032563~~798403% 0.~~021082~~579808% 0.000000% 0.000000% 0.000000% 0.~~021082~~579808% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 23.~~963204~~359947% 0.000000% 0.000000% 0.000000% 23.~~963204~~359947% 2.~~518825~~868044% 0.000000% 0.000000% 0.000000% 2.~~518825~~868044%

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 6.~~440319~~441231% Weighted Average Net Coupon 5.~~940319~~941231% Weighted Average Pass-Through Rate 5.~~938319~~939231% Weighted Average Maturity(Stepdown Calculation ) ~~353~~352 Beginning Scheduled Collateral Loan Count 3,~~095~~071 Number Of Loans Paid In Full 2465 Ending Scheduled Collateral Loan Count 3,~~071~~006 Beginning Scheduled Collateral Balance ~~641~~635,~~379~~173,~~540~~522.5726 Ending Scheduled Collateral Balance ~~635~~619,~~173~~605,~~522~~694.2627 Ending Actual Collateral Balance at 31-~~Jul~~Aug-2004 ~~635~~619,~~173~~605,~~522~~694.2627 Monthly P &I Constant 3,~~704~~670,~~279~~571.1115 Special Servicing Fee 0.00 Prepayment Penalties ~~120~~246,~~754~~163.7052 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~262~~261,~~038~~155.5212 Unscheduled Principal 515,~~943~~306,~~979~~672.7987

Miscellaneous Reporting Extra Principal Amount 0.00 Overcollaterization Amount 12,641,310.47 Overcollaterization Increase Amount 0.00 Overcollaterization Reduction Amount 0.00 Overcollaterized Target Amount 12,641,310.47 Overcollaterized Deficiency Amount 0.00 Specified Overcollaterized Amount 12,641,310.47 Stepdown Date in Effect ~~Not~~NO ~~in Stepdown~~ Trigger Event ~~Not in Trigger~~NO

Group Level Collateral Statement Group Group 1 Group 2 Total Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.~~478540~~476516 6.~~387478~~392538 6.~~440319~~441231 Weighted Average Net Rate 5.~~978540~~976516 5.~~887478~~892538 5.~~940319~~941231 Weighted Average Maturity ~~352~~351 ~~354~~ 353 352 Beginning Loan Count 2,~~195~~176 ~~900~~895 3,~~095~~071 Loans Paid In Full 1942 523 2465 Ending Loan Count 2,~~176~~134 ~~895~~872 3,~~071~~006 Beginning Scheduled Balance ~~372~~368,~~172~~290,~~209~~496.8480 ~~269~~266,~~207~~883,~~330~~025.7346 ~~641~~635,~~379~~173,~~540~~522.5726 Ending scheduled Balance ~~368~~359,~~290~~658,~~496~~452.8040 ~~266~~259,~~883~~947,~~025~~241.4687 ~~635~~619,~~173~~605,~~522~~694.2627 Record Date 0708/31/2004 0708/31/2004 0708/31/2004 Principal And Interest Constant 2,~~174~~151,~~044~~592.8623 1,~~530~~518,~~234~~978.2592 3,~~704~~670,~~279~~571.1115 Scheduled Principal ~~164~~163,~~767~~892.5969 97,~~270~~262.9343 ~~262~~261,~~038~~155.5212 Unscheduled Principal 38,~~716~~468,~~945~~151.4571 26,~~227~~838,~~034~~521.3416 515,~~943~~306,~~979~~672.7987 Scheduled Interest 21,~~009~~987,~~277~~699.2754 1,~~432~~421,~~963~~716.3249 3,~~442~~409,~~240~~416.5903 Servicing Fees ~~155~~153,~~071~~454.7537 ~~112~~111,~~169~~201.7226 ~~267~~264,~~241~~655.4763 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee ~~620~~613.2982 ~~448~~444.6880 1,~~068~~058.9762 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 1,~~853~~833,~~585~~631.2335 1,~~320~~310,~~344~~070.9243 3,~~173~~143,~~930~~701.1578 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.~~976540~~974516 5.~~885478~~890538 5.~~938319~~939231

Filing Compare · First Franklin Mortgage Loan Trust 2004-FF4