8-K 1 ffm04ffc_10501.txt 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): January 25, 2005 FIRST FRANKLIN MORTGAGE LOAN TRUST Mortgage Loan Asset Backed Certificates, Series 2004-FFC Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-112231-37 Pooling and Servicing Agreement) (Commission 54-6648413 (State or other File Number) 54-6648414 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 January 25, 2005 a distribution was made to holders of FIRST FRANKLIN MORTGAGE LOAN TRUST, Mortgage Loan Trust, Series 2004-FFC Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset Backed Certificates, Series 2004-FFC Trust, relating to the January 25, 2005 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 Loan Asset Backed Certificates Series 2004-FFC Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Assistant Vice President By: Beth Belfield as Assistant Vice President Date: 1/26/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset Backed Certificates, Series 2004-FFC Trust relating to January 25, 2005 distribution. EX-99.1

~~Item~~First ~~601(a)~~Franklin ofMortgage ~~Regulation~~Loan ~~S-K~~Trust ~~Exhibit~~Mortgage ~~No.~~Loan ~~Description~~Trust ~~-----------~~Record ~~------------~~Date: ~~4.1~~12/31/2004 ~~Pooling~~Distribution ~~and~~Date: ~~Servicing~~1/25/2005 ~~Agreement~~First ~~among~~Franklin ~~Merrill~~Mortgage ~~Lynch~~Loan Trust Mortgage ~~Investors,~~Loan ~~Inc.,~~Trust asSeries ~~depositor,~~2004-FFC ~~Wilshire~~Contact: ~~Credit~~Customer ~~Corporation,~~Service as- ~~servicer,~~CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, asMD ~~master~~21703 ~~servicer~~Telephone: ~~and~~(301) ~~securities~~815-6600 ~~administrator~~Fax: ~~and~~(301) ~~HSBC~~815-6660 ~~Bank~~Certificateholder ~~USA,~~Distribution ~~National~~Summary ~~Association~~Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution R 32027NPZ8 RES 2.64750% 100.00 0.21 100.00 A 32027NPS4 SEN 2.64750% 265,974,000.00 as547,684.80 ~~trustee~~14,228,527.14 ~~dated~~M-1 as32027NPT2 ofMEZ ~~December~~2.91750% 140,980,000.00 ~~2004~~92,990.45 ~~for~~0.00 ~~First~~M-2 ~~Franklin~~32027NPU9 ~~Mortgage~~MEZ ~~Loan~~2.96750% ~~Trust~~10,146,000.00 ~~Mortgage~~23,417.53 ~~Loan~~0.00 ~~Asset~~M-~~Backed~~3 ~~Certificates~~32027NPV7 MEZ 3.31750% 22,678,000.00 ~~Series~~58,515.54 ~~2004~~0.00 M-~~FFC~~4 32027NPW5 MEZ 3.41750% 995,570,000.00 14,805.37 0.00 B-1 ~~Mortgage~~32027NPX3 ~~Loan~~SUB ~~Sale~~4.26750% ~~and~~7,162,000.00 ~~Assignment~~23,771.87 ~~Agreement~~0.00 B-2 32027NPY1 SUB 4.36750% 5,172,000.00 ~~dated~~17,569.00 as0.00 ofB-3 ~~December~~32027NQA2 1SUB 4.91750% 6,963,000.00 ~~2004~~26,631.54 ~~between~~0.00 ~~Merrill~~B-4 ~~Lynch~~32027NQB0 ~~Mortgage~~SUB ~~Capital~~5.61750% ~~Inc~~20,291,000.00 88,654.76 as0.00 ~~seller~~P ~~and~~32027NQD6 ~~Merrill~~SEN ~~Lynch~~0.00000% ~~Mortgage~~100.00 ~~Investors~~246,303.19 ~~Inc~~0.00 C 32027NQC8 SEN 0.00000% 12,930,822.83 as0.00 ~~purchaser~~0.00 Totals 397,867,022.83 1,140,344.26 14,228,627.14

~~Exhibit~~Certificateholder ~~No.~~Distribution ~~Description~~Summary ~~-----------~~(continued) ~~-----------~~Current ~~4.1~~Ending ~~Pooling~~Cumulative ~~and~~Realized ~~Servicing~~Certificate ~~Agreement,~~Total ~~dated~~Realized asClass ofLoss ~~December~~Balance 1,Distribution ~~2004,~~Losses ~~among~~R ~~Merrill~~0.00 ~~Lynch~~0.00 ~~Mortgage~~100.21 ~~Investors,~~0.00 ~~Inc~~A 0.00 251,745,472.86 ~~as depositor~~14,776,211.94 ~~Wilshire~~0.00 ~~Credit~~M-1 ~~Corporation~~0.00 40,980,000.00 ~~as servicer~~92,990.45 ~~Wells~~0.00 ~~Fargo~~M-2 ~~Bank~~0.00 10,146,000.00 N23,417.A53 0.00 M-3 0.00 22,678,000.00 as58,515.54 ~~master~~0.00 ~~servicer~~M-4 ~~and~~0.00 ~~securities~~5,570,000.00 ~~administrator~~14,805.37 ~~and~~0.00 ~~HSBC~~B-1 ~~Bank~~0.00 ~~USA~~7,162,000.00 ~~National Association~~23,771.87 as0.00 ~~trustee~~B-2 0.00 5,172,000.00 ~~for~~17,569.00 ~~First~~0.00 ~~Franklin~~B-3 ~~Mortgage~~0.00 ~~Loan~~6,963,000.00 ~~Trust~~26,631.54 ~~Mortgage~~0.00 ~~Loan Asset~~B-~~Backed~~4 ~~Certificates~~0.00 20,291,000.00 ~~Series~~88,654.76 ~~2004-FFC~~0.00 99P 0.100 ~~Mortgage~~100.00 ~~Loan~~246,303.19 ~~Sale~~0.00 ~~and~~C ~~Assignment~~0.00 ~~Agreement~~14,925,460.15 ~~dated~~0.00 as0.00 ofTotals ~~December~~0.00 1385,633,033.01 ~~2004~~15,368,971.40 ~~between~~0.00 ~~Merrill~~All ~~Lynch~~distributions ~~Mortgage~~required ~~Capital~~by ~~Inc.,~~the asPooling ~~seller~~ and ~~Merrill~~Servicing ~~Lynch~~Agreement ~~Mortgage~~have ~~Investors,~~been ~~Inc.,~~calculated asby ~~purchaser~~the Certificate Administrator on behalf of the Trustee.

Filing Compare · MERRILL LYNCH MORTGAGE INVESTORS, INC. SERIES 2004-FFC