Content:

Pages

Contact Information:

5/25/2007 0:00

Statement to Certificate Holders

Analyst:

Orasio Becerra

714.259.6243

Statement to Certificate Holders (Factors)

orasio.becerra@abnamro.com

Pool/Non-Pool Funds Cash Reconciliation

4/25/2007 0:00

Administrator:

Dimitrios Kostopoulos

312.992.2834

Cash Reconciliation Summary

5-6

dimitrios.kostopoulos@abnamro.com

Pool Detail and Performance Indicators

7-9

LaSalle Website:

www.etrustee.net

Bond Interest Reconciliation Part I

6/25/2007 0:00

Bond Interest Reconciliation Part II

Bond Principal Reconciliation

Outside Parties To The Transaction

Rating Information

4/30/2007

15 Month Loan Status Summary Part I

14-20

15 Month Loan Status Summary Part II

21-27

15 Month Historical Payoff Summary

28-30

Prepayment Summary

Mortgage Loan Characteristics Part I

Mortgage Loan Characteristics Part II

33-35

Geographic Concentration

2/28/2007

Current Period Realized Loss Detail

Historical Realized Loss Summary

38-40

Realized Loss Summary

3/26/2007 0:00

Servicemembers Civil Relief Act

42-44

Material Breaches Detail

Modified Loan Detail

Collateral Asset Changes

3/25/2037 0:00

Historical Collateral Level REO Report

48-50

5/15/2007 0:00

Delinq Method:

OTS

Determination

Date:

15-May-07

First Pay. Date:

Master Servicer: Home Loan Services

26-Mar-07

Rating Agency: Moody's Investors Service, Inc./Standard & Poor's Ratings
Services

Rated Final

Payment Date:

25-Mar-37

Depositor: Merrill Lynch & Company/Merrill Lynch Mortgage Investors, Inc.

Closing Date:

28-Feb-07

Underwriter: Merrill Lynch Pierce Fenner & Smith Inc.

Record Date:

30-Apr-07

Distribution

Count:

Issuer: First Franklin Financial Corporation

Prior Payment:

25-Apr-07

Next Payment:

25-Jun-07

ABN AMRO Acct : 724532.1

Payment Date:

25-May-07

Distribution Date: 25-May-07

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

25-May-2007 02:15

A-1

32029GAA2

1,021,839,000.00

1,007,525,200.83

8,881,763.01

0.00

998,643,437.82

4,584,239.66

0.00

5.4600000000%

A-2A

32029GAB0

485,081,000.00

457,814,923.52

7,296,402.68

0.00

450,518,520.84

2,048,721.78

0.00

5.3700000000%

A-2B

32029GAC8

229,342,000.00

0.00

229,342,000.00

1,035,861.37

0.00

5.4200000000%

A-2C

32029GAD6

296,624,000.00

0.00

296,624,000.00

1,352,111.07

0.00

5.4700000000%

A-2D

32029GAE4

134,214,000.00

0.00

134,214,000.00

619,621.30

0.00

5.5400000000%

M-1

32029GAF1

77,999,000.00

0.00

77,999,000.00

360,745.38

0.00

5.5500000000%

M-2

32029GAG9

66,851,000.00

0.00

66,851,000.00

311,971.33

0.00

5.6000000000%

M-3

32029GAH7

47,550,000.00

0.00

47,550,000.00

222,692.50

0.00

5.6200000000%

M-4

32029GAJ3

40,300,000.00

0.00

40,300,000.00

193,104.17

0.00

5.7500000000%

M-5

32029GAK0

37,700,000.00

0.00

37,700,000.00

182,216.67

0.00

5.8000000000%

M-6

32029GAL8

36,400,000.00

0.00

36,400,000.00

177,146.67

0.00

5.8400000000%

B-1

32029GAM6

24,700,000.00

0.00

24,700,000.00

143,465.83

0.00

6.9700000000%

B-2

32029GAN4

19,500,000.00

0.00

19,500,000.00

114,887.50

0.00

7.0700000000%

B-3

32029GAP9

16,900,000.00

0.00

16,900,000.00

99,569.17

0.00

7.0700000000%

B-4

32029GAQ7

26,000,000.00

0.00

26,000,000.00

153,183.33

0.00

7.0700000000%

32029GAR5

2,599,990,368.31 N

2,558,419,979.87

0.00

2,542,241,814.18

4,000,791.05

(4,121.50)

N/A

32029GAS3

0.00

96,193.15

N/A

32029GAT1

100.00

0.00

N/A

Total

2,561,000,100.00

2,519,420,124.35

16,178,165.69

0.00

2,503,241,958.66

15,696,521.93

92,071.65

Total P&I Payment

31,874,687.62

Interest Payment

(2)

Interest

Adjustment

Pass-Through

Rate

(1)

N denotes notional balance not included in total

(2)

Accrued Interest plus/minus Interest Adjustment minus Deferred Interest equals Interest Payment

Principal Payment

Principal

Adjustment or

Loss

Deferred

Interest

Ending Certificate

Balance

Class

CUSIP

Original Face

Value

(1)

Beginning

Certificate

Balance

Distribution Date: 25-May-07

Bond Payments

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 2 of 50

25-May-2007 02:14

A-1

32029GAA2

1,021,839,000.00

985.992118940

8.691939738

0.000000000

977.300179202

4.486264138

0.000000000

5.46000000%

A-2A

32029GAB0

485,081,000.00

943.790673154

15.041617132

0.000000000

928.749056022

4.223463257

0.000000000

5.37000000%

A-2B

32029GAC8

229,342,000.00

1000.000000000

0.000000000

1000.000000000

4.516666681

0.000000000

5.42000000%

A-2C

32029GAD6

296,624,000.00

1000.000000000

0.000000000

1000.000000000

4.558333345

0.000000000

5.47000000%

A-2D

32029GAE4

134,214,000.00

1000.000000000

0.000000000

1000.000000000

4.616666667

0.000000000

5.54000000%

M-1

32029GAF1

77,999,000.00

1000.000000000

0.000000000

1000.000000000

4.625000064

0.000000000

5.55000000%

M-2

32029GAG9

66,851,000.00

1000.000000000

0.000000000

1000.000000000

4.666666617

0.000000000

5.60000000%

M-3

32029GAH7

47,550,000.00

1000.000000000

0.000000000

1000.000000000

4.683333333

0.000000000

5.62000000%

M-4

32029GAJ3

40,300,000.00

1000.000000000

0.000000000

1000.000000000

4.791666749

0.000000000

5.75000000%

M-5

32029GAK0

37,700,000.00

1000.000000000

0.000000000

1000.000000000

4.833333422

0.000000000

5.80000000%

M-6

32029GAL8

36,400,000.00

1000.000000000

0.000000000

1000.000000000

4.866666758

0.000000000

5.84000000%

B-1

32029GAM6

24,700,000.00

1000.000000000

0.000000000

1000.000000000

5.808333198

0.000000000

6.97000000%

B-2

32029GAN4

19,500,000.00

1000.000000000

0.000000000

1000.000000000

5.891666667

0.000000000

7.07000000%

B-3

32029GAP9

16,900,000.00

1000.000000000

0.000000000

1000.000000000

5.891666864

0.000000000

7.07000000%

B-4

32029GAQ7

26,000,000.00

1000.000000000

0.000000000

1000.000000000

5.891666538

0.000000000

7.07000000%

32029GAR5

2,599,990,368.31 N

984.011329832

0.000000000

977.788935362

1.538771489

(0.001585198)

N/A

32029GAS3

0.00

0.000000000

N/A

32029GAT1

100.00

0.000000000

N/A

Interest Adjustment*

Next Rate **

* Per $1,000 of Original Face Value ** Estimated

Bond Payments

Class

CUSIP

Original Face

Value

Beginning Certificate

Balance *

Principal Payment

Principal

Adjustment or

Loss

Deferred Interest *

Ending Certificate

Balance *

Interest Payment *

Distribution Date: 25-May-07

Statement to Certificate Holders (FACTORS)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 3 of 50

25-May-2007 02:14

Interest Summary

Principal Summary

Supplemental Interest Trust

Interest Summary

Principal Summary

Net Swap Payments received

0.00

Scheduled Interest

16,670,458.41

Scheduled Prin Distribution

811,634.70

Net Swap Payments paid

0.00

Fees

1,066,008.13

Curtailments

171,680.15

Remittance Interest

15,604,450.28

Prepayments in Full

15,194,850.84

Swap Termination Payments received

0.00

Other Interest Proceeds/Shortfalls

Liquidation Proceeds

0.00

Swap Termination Payments paid

0.00

Prepayment Penalties

96,193.15

Repurchase Proceeds

0.00

Other Interest Loss

(2,343.01)

Other Principal Proceeds

0.00

Defaulted Swap Termination Payments

0.00

Other Interest Proceeds

0.00

Remittance Principal

16,178,165.69

Non-advancing Interest

0.00

Non-Supported Interest Shortfall

0.00

Cap Contract Payment

0.00

Relief Act Shortfall

(1,778.49)

Modification Shortfall

0.00

Corridor Contracts

Other Interest Proceeds/Shortfalls

92,071.65

Interest Adjusted

15,696,521.93

Class A-1 Certificates

0.00

Fee Summary

Class A-2 Certificates

0.00

Total Servicing Fees

1,066,008.13

Subordinate Certificates

0.00

Total Trustee Fees

0.00

LPMI Fees

0.00

Credit Manager's Fees

0.00

Unpaid Serv Fees (Charged-off Loans)

0.00

Misc. Fees / Trust Expense

0.00

Insurance Premium

0.00

Total Fees

1,066,008.13

Advances (Principal & Interest)

Prior Month's Outstanding Advances

N/A

Current Advances

N/A

Reimbursement of Prior Advances

N/A

Outstanding Advances

N/A

P&I Due Certificate Holders

31,874,687.62

Pool Source of Funds

Non-Pool Source of Funds

P&I Advances as of the end of the Due Period do not reflect the amount of advances remitted by the Servicer on the Servicer Remittance Date due to additional proceeds received between the end of the Due Period and the Servicer Remittance Date and netted from the
P&I Advances stated as of the end of the Due Period.

Distribution Date: 25-May-07

Cash Reconciliation Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 4 of 50

25-May-2007 02:14

Group 1 ARMS

Group 1 Fixed

Total

Interest Summary

Scheduled Interest

6,215,435.18

1,719,729.43

7,935,164.61

Fees

401,935.72

102,919.03

504,854.75

Remittance Interest

5,813,499.46

1,616,810.40

7,430,309.86

Other Interest Proceeds/Shortfalls

Prepayment Penalties

48,762.07

9,233.35

57,995.42

Other Interest Loss

(3,758.16)

(363.34)

(4,121.50)

Other Interest Proceeds

0.00

Non-advancing Interest

0.00

Net PPIS/Relief Act Shortfall

0.00

Modification Shortfall

0.00

Other Interest Proceeds/Shortfalls

45,003.91

8,870.01

53,873.92

Interest Adjusted

5,858,503.37

1,625,680.41

7,484,183.78

Principal Summary

Scheduled Principal Distribution

274,818.69

137,885.99

412,704.68

Curtailments

28,687.49

16,059.43

44,746.92

Prepayments in Full

6,533,732.03

1,890,579.38

8,424,311.41

Liquidation Proceeds

0.00

Repurchase Proceeds

0.00

Other Principal Proceeds

0.00

Less Mod Losses

0.00

Remittance Principal

6,837,238.21

2,044,524.80

8,881,763.01

Fee Summary

Total Servicing Fees

401,935.72

102,919.03

504,854.75

Total Trustee Fees

0.00

LPMI Fees

0.00

Misc. Fees

0.00

Total Fees

401,935.72

102,919.03

504,854.75

Beginning Principal Balance

964,645,997.25

247,005,630.95

1,211,651,628.20

Ending Principal Balance

957,808,759.04

244,961,106.15

1,202,769,865.19

Distribution Date: 25-May-07

Cash Reconciliation Summary Group 1 Fixed

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 5 of 50

25-May-2007 02:14

Distribution Date: 25-May-07

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Group 2 ARMS

Group 2 Fixed

Total

Interest Summary

Scheduled Interest

6,774,203.95

1,961,089.85

8,735,293.80

Fees

446,844.98

114,308.40

561,153.38

Remittance Interest

6,327,358.97

1,846,781.45

8,174,140.42

Other Interest Proceeds/Shortfalls

Prepayment Penalties

32,995.72

5,202.01

38,197.73

Other Interest Loss

0.00

Other Interest Proceeds

0.00

Non-advancing Interest

0.00

Net PPIS/Relief Act Shortfall

0.00

Modification Shortfall

0.00

Other Interest Proceeds/Shortfalls

32,995.72

5,202.01

38,197.73

Interest Adjusted

6,360,354.69

1,851,983.46

8,212,338.15

Principal Summary

Scheduled Principal Distribution

262,425.31

136,504.71

398,930.02

Curtailments

105,968.31

20,964.92

126,933.23

Prepayments in Full

6,208,474.64

562,064.79

6,770,539.43

Liquidation Proceeds

0.00

Repurchase Proceeds

0.00

Other Principal Proceeds

0.00

Less Mod Losses

0.00

Remittance Principal

6,576,868.26

719,534.42

7,296,402.68

Fee Summary

Total Servicing Fees

446,844.98

114,308.40

561,153.38

Total Trustee Fees

0.00

LPMI Fees

0.00

Misc. Fees

0.00

Total Fees

446,844.98

114,308.40

561,153.38

Beginning Principal Balance

1,072,428,162.15

274,340,189.52

1,346,768,351.67

Ending Principal Balance

1,065,851,293.89

273,620,655.10

1,339,471,948.99

Cash Reconciliation Summary Group 2 Fixed

Page 6 of 50

25-May-2007 02:14

Pool Detail

Performance Indicators

Factors Impacting Principal Payment Rules

WA Rates/Life

Historical

Amount

Count

Delinquency Levels

Num

Den

Fixed

Adj

Overall

Cut-off Pool Balance

2,599,990,368.31

12,819

3 mo. Rolling Average

10,965,958

2,577,747,046

0.43%

WAC - Remit Current

7.97%

7.15%

7.32%

Cum Scheduled Principal

2,430,224.67

6 mo. Rolling Average

10,965,958

2,577,747,046

0.43%

WAC - Remit Original

7.98%

7.16%

7.33%

Cum Unscheduled Principal

55,318,329.46

12 mo. Rolling Average

10,965,958

2,577,747,046

0.43%

WAC - Current

8.47%

7.65%

7.82%

Cum Liquidations

0.00

Loss Levels

Amount

Count

WAC - Original

8.48%

7.66%

7.83%

Cum Repurchases

0.00

3 mo. Cum Loss

0.00

WAL - Current

349.45

355.86

354.55

6 mo. Cum loss

0.00

WAL - Original

351.51

357.86

356.57

Current

Amount

Count

12 mo. Cum Loss

0.00

Beginning Pool

2,558,419,979.87

12,689

98.40%

Current Index Rate

Scheduled Principal

811,634.70

0.03%

Triggers

Next Index Rate

Unscheduled Principal

15,366,530.99

0.59%

Liquidations

0.00

0.00%

> Delinquency Trigger Event

(2)

Prepayment Charges

Repurchases

0.00

0.00%

Delinquency Event Calc

(1)

10,965,957.78

2,542,241,814

0.43%

Amount

Count

Ending Pool

2,542,241,814.18

12,625

97.78%

Current

> Loss Trigger Event?

(3)

Cumulative

Ending Actual Balance

2,542,983,933.34

Cumulative Loss

0.00%

Average Loan Balance

201,365.69

> Overall Trigger Event?

Pool Composition

Current Loss Detail

Amount

Step Down Date

Liquidation

0.00

Distribution Count

Properties

%/Score

Realized Loss

0.00

Required Percentage

(4)

17.03%

Cut-off LTV

92.39%

Realized Loss Adjustment

0.00

Step Down %

(5)

66.70%

Cash Out/Refinance

38.28%

Net Liquidation

0.00

% of Required Percentage

(6)

42.03%

SFR

68.32%

Credit Enhancement

Amount

> Step Down Date?

Min

Max

W A

Original OC

38,990,268.31

1.50%

Extra Principal

0.00

FICO

540

816

653.51

Target OC

38,999,855.52

1.50%

Cumulative Extra Principal

9,587.21

Beginning OC

38,999,855.52

OC Release

N/A

Ending OC

38,999,855.52

Most Senior Certificates

2,125,520,124.35

96.91%

Legend: (1) 60 Days+, REO, BK, F/C % (3) Condn: Cum Loss > specified thresholds (5) Defined Benchmark
(2) (1) > (6) * (4), then TRUE (4) (Ending Pool Bal - Most Senior Certs) / Ending Pool Bal (6) Defined Benchmark (Used in Delinq Event Calc)
Note: Delinquency and Loss Event Triggers may be flagged as "Yes" prior to the Step Down Date on account of the percentage thresholds being breached.

980,102,578.77

1,749,207,748.41

Owner Occupied

2,481,128,128.36

96,193.15

241,297.38

Balance

2,365,409,734.41

Misc/Additional Information

Pool Level Information

5.320000%

Distribution Date: 25-May-07

Pool Detail and Performance Indicators Total (ALL Loans)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 7 of 50

25-May-2007 02:14

Distribution Date: 25-May-07

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Pool Detail

Performance Indicators

Factors Impacting Principal Payment Rules

WA Rates/Life

Historical

Amount

Count

Delinquency Levels

Num

Den

Fixed

Adj

Overall

Cut-off Pool Balance

1,225,962,515.13

6,443

3 mo. Rolling Average

2,725,949

1,218,557,223

0.22%

WAC - Remit Current

7.85%

7.23%

7.36%

Cum Scheduled Principal

1,237,647.43

6 mo. Rolling Average

2,725,949

1,218,557,223

0.22%

WAC - Remit Original

7.86%

7.24%

7.36%

Cum Unscheduled Principal

21,955,002.51

12 mo. Rolling Average

2,725,949

1,218,557,223

0.22%

WAC - Current

8.35%

7.73%

7.86%

Cum Liquidations

0.00

Loss Levels

Amount

Count

WAC - Original

8.36%

7.74%

7.86%

Cum Repurchases

0.00

3 mo. Cum Loss

0.00

WAL - Current

348.36

355.94

354.40

6 mo. Cum loss

0.00

WAL - Original

350.43

357.94

356.41

Current

Amount

Count

12 mo. Cum Loss

0.00

Beginning Pool

1,211,651,628.20

6,384

98.83%

Scheduled Principal

412,704.68

0.03%

Unscheduled Principal

8,469,058.33

0.69%

Liquidations

0.00

0.00%

Prepayment Charges

Repurchases

0.00

0.00%

Amount

Count

Ending Pool

1,202,769,865.19

6,343

98.11%

Current

Cumulative

Ending Actual Balance

1,203,141,292.62

Average Loan Balance

189,621.61

Pool Composition

Current Loss Detail

Amount

Liquidation

0.00

Properties

%/Score

Realized Loss

0.00

Cut-off LTV

91.10%

Realized Loss Adjustment

0.00

Cash Out/Refinance

48.23%

Net Liquidation

0.00

SFR

67.83%

Min

Max

W A

FICO

540

811

649.60

95.78%

584,874,879.96

822,454,157.32

Owner Occupied

1,161,369,444.33

57,995.42

115,012.06

Balance

1,104,610,867.73

Misc/Additional Information

Pool Level Information

Pool Detail and Performance Indicators Group 1 Fixed

Page 8 of 50

25-May-2007 02:14

Distribution Date: 25-May-07

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Pool Detail

Performance Indicators

Factors Impacting Principal Payment Rules

WA Rates/Life

Historical

Amount

Count

Delinquency Levels

Num

Den

Fixed

Adj

Overall

Cut-off Pool Balance

1,374,027,853.18

6,376

3 mo. Rolling Average

8,240,009

1,359,189,823

0.61%

WAC - Remit Current

8.08%

7.08%

7.28%

Cum Scheduled Principal

1,192,577.24

6 mo. Rolling Average

8,240,009

1,359,189,823

0.61%

WAC - Remit Original

8.08%

7.09%

7.29%

Cum Unscheduled Principal

33,363,326.95

12 mo. Rolling Average

8,240,009

1,359,189,823

0.61%

WAC - Current

8.58%

7.58%

7.78%

Cum Liquidations

0.00

Loss Levels

Amount

Count

WAC - Original

8.58%

7.59%

7.79%

Cum Repurchases

0.00

3 mo. Cum Loss

0.00

WAL - Current

350.42

355.79

354.69

6 mo. Cum loss

0.00

WAL - Original

352.49

357.79

356.71

Current

Amount

Count

12 mo. Cum Loss

0.00

Beginning Pool

1,346,768,351.67

6,305

98.02%

Scheduled Principal

398,930.02

0.03%

Unscheduled Principal

6,897,472.66

0.50%

Liquidations

0.00

0.00%

Prepayment Charges

Repurchases

0.00

0.00%

Amount

Count

Ending Pool

1,339,471,948.99

6,282

97.49%

Current

Cumulative

Ending Actual Balance

1,339,842,640.72

Average Loan Balance

213,223.81

Pool Composition

Current Loss Detail

Amount

Liquidation

0.00

Properties

%/Score

Realized Loss

0.00

Cut-off LTV

93.55%

Realized Loss Adjustment

0.00

Cash Out/Refinance

29.33%

Net Liquidation

0.00

SFR

68.77%

Min

Max

W A

FICO

540

816

657.02

97.93%

395,227,698.81

926,753,591.09

Owner Occupied

1,319,758,684.03

38,197.73

126,285.32

Balance

1,260,798,866.68

Misc/Additional Information

Pool Level Information

Pool Detail and Performance Indicators Group 2 Fixed

Page 9 of 50

25-May-2007 02:14

A-1

Act/360

1,007,525,200.83

5.460000000%

4,584,239.66

0.00

4,584,239.66

0.00

A-2A

Act/360

457,814,923.52

5.370000000%

2,048,721.78

0.00

2,048,721.78

0.00

A-2B

Act/360

229,342,000.00

5.420000000%

1,035,861.37

0.00

1,035,861.37

0.00

A-2C

Act/360

296,624,000.00

5.470000000%

1,352,111.07

0.00

1,352,111.07

0.00

A-2D

Act/360

134,214,000.00

5.540000000%

619,621.30

0.00

619,621.30

0.00

M-1

Act/360

77,999,000.00

5.550000000%

360,745.38

0.00

360,745.38

0.00

M-2

Act/360

66,851,000.00

5.600000000%

311,971.33

0.00

311,971.33

0.00

M-3

Act/360

47,550,000.00

5.620000000%

222,692.50

0.00

222,692.50

0.00

M-4

Act/360

40,300,000.00

5.750000000%

193,104.17

0.00

193,104.17

0.00

M-5

Act/360

37,700,000.00

5.800000000%

182,216.67

0.00

182,216.67

0.00

M-6

Act/360

36,400,000.00

5.840000000%

177,146.67

0.00

177,146.67

0.00

B-1

Act/360

24,700,000.00

6.970000000%

143,465.83

0.00

143,465.83

0.00

B-2

Act/360

19,500,000.00

7.070000000%

114,887.50

0.00

114,887.50

0.00

B-3

Act/360

16,900,000.00

7.070000000%

99,569.17

0.00

99,569.17

0.00

B-4

Act/360

26,000,000.00

7.070000000%

153,183.33

0.00

153,183.33

0.00

2,558,419,979.87

N/A

4,004,912.55

0.00

4,000,791.05

0.00

N/A

0.00

96,193.15

0.00

96,193.15

0.00

N/A

Act/360

0.00

5.460000000%

0.00

N/A

Total

2,519,420,124.35

15,604,450.28

96,193.15

0.00

15,696,521.93

0.00

Floating Rate

Certficate Carry-

Over

Interest Carry-

Forward Amount

Floating Rate

Certficate Carry-

Over

Net Cap

Rate in

Effect Y/N

Total Interest

Deductions

Distributable

Certificate Interest

Interest Payment

Amount

Interest Carry-

Forward Amount

- - A c c r u a l - -

- - - - - - R e c o v e r e d - - - - - -

- - - - - O u t s t a n d i n g - - - -

Class

Method

Days

Opening Balance

Pass-Thru Rate

Accrual

Certificate

Interest

Total Interest

Additions

Distribution Date: 25-May-07
Bond Interest Reconciliation

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 10 of 50

25-May-2007 02:14

A-1

30-Apr-07

25-Apr-07

25-May-07

0.00

A-2A

30-Apr-07

25-Apr-07

25-May-07

0.00

A-2B

30-Apr-07

25-Apr-07

25-May-07

0.00

A-2C

30-Apr-07

25-Apr-07

25-May-07

0.00

A-2D

30-Apr-07

25-Apr-07

25-May-07

0.00

M-1

30-Apr-07

25-Apr-07

25-May-07

0.00

M-2

30-Apr-07

25-Apr-07

25-May-07

0.00

M-3

30-Apr-07

25-Apr-07

25-May-07

0.00

M-4

30-Apr-07

25-Apr-07

25-May-07

0.00

M-5

30-Apr-07

25-Apr-07

25-May-07

0.00

M-6

30-Apr-07

25-Apr-07

25-May-07

0.00

B-1

30-Apr-07

25-Apr-07

25-May-07

0.00

B-2

30-Apr-07

25-Apr-07

25-May-07

0.00

B-3

30-Apr-07

25-Apr-07

25-May-07

0.00

B-4

30-Apr-07

25-Apr-07

25-May-07

0.00

30-Apr-07

25-Apr-07

25-May-07

0.00

30-Apr-07

25-Apr-07

25-May-07

0.00

96,193.15

0.00

30-Apr-07

25-Apr-07

25-May-07

0.00

Total

0.00

96,193.15

0.00

Floating Rate

Cartificate Carry-

Over

(1)

Other Interest Proceeds are additional interest amounts specifically allocated to the bond(s) and used in determining the bonds Distributable Interest.

(2)

Interest Carry-Forward Shortfall is unpaid interest with interest thereon.

Floating Rate

Cartificate Carry-

Over

Other Interest

Proceeds

(1)

Non-Supported

Interest Shortfall

Interest Carry-

Forward

(2)

- - - - - - - - - - - - - - - - - - - - - - - - - - - A d d i t i o n s - - - - - - - - - - - - - - - - - - - - - - - - - - - -

- - - - - - - - - - - D e d u c t i o n s - - - - - - - - - -

Class

Record Date

Prior Interest Due

Date

Current Interest

Due Date

Supplemental
Interest Trust

Payments From

Cap Contracts

Prepayment

Premiums

Interest Carry-

Forward

Distribution Date: 25-May-07

Bond Interest Reconciliation - Part II

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 11 of 50

25-May-2007 02:14

A-1

1,021,839,000.00

1,007,525,200.83

412,704.68

8,469,058.33

0.00

998,643,437.82

25-Mar-37

16.62%

17.03%

A-2A

485,081,000.00

457,814,923.52

398,930.02

6,897,472.66

0.00

450,518,520.84

25-Mar-37

16.62%

17.03%

A-2B

229,342,000.00

0.00

229,342,000.00

25-Mar-37

16.62%

17.03%

A-2C

296,624,000.00

0.00

296,624,000.00

25-Mar-37

16.62%

17.03%

A-2D

134,214,000.00

0.00

134,214,000.00

25-Mar-37

16.62%

17.03%

M-1

77,999,000.00

0.00

77,999,000.00

25-Mar-37

13.62%

13.96%

M-2

66,851,000.00

0.00

66,851,000.00

25-Mar-37

11.05%

11.33%

M-3

47,550,000.00

0.00

47,550,000.00

25-Mar-37

9.22%

9.46%

M-4

40,300,000.00

0.00

40,300,000.00

25-Mar-37

7.67%

7.87%

M-5

37,700,000.00

0.00

37,700,000.00

25-Mar-37

6.22%

6.39%

M-6

36,400,000.00

0.00

36,400,000.00

25-Mar-37

4.82%

4.96%

B-1

24,700,000.00

0.00

24,700,000.00

25-Mar-37

3.86%

3.99%

B-2

19,500,000.00

0.00

19,500,000.00

25-Mar-37

3.11%

3.22%

B-3

16,900,000.00

0.00

16,900,000.00

25-Mar-37

2.46%

2.56%

B-4

26,000,000.00

0.00

26,000,000.00

25-Mar-37

0.00%

2,599,990,368.31

2,558,419,979.87

0.00

2,542,241,814.18

25-Mar-37

N/A

0.00

25-Mar-37

N/A

100.00

0.00

25-Mar-37

N/A

Total

2,561,000,100.00

2,519,420,124.35

811,634.70

15,366,530.99

0.00

2,503,241,958.66

Rated

Final

Maturity

Original

Current

Losses

Cumulative

Losses

Interest on

Losses

Ending

Class Balance

- - - - - - - - - - - - - - - - L o s s e s - - - - - - - - - - - - - - -

- Credit Support -

Class

Original Class

Balance

Beginning Class

Balance

Scheduled Principal

Payment

Unscheduled

Principal

Payment

Extra

Principal

Payment

Prior

Loss

Reimburs.

Distribution Date: 25-May-07

Bond Principal Reconciliation

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 12 of 50

25-May-2007 02:14

Class

CUSIP

Fitch

Moody's

DBRS

S&P

A-1

32029GAA2

Aaa

AAA

A-2A

32029GAB0

Aaa

AAA

A-2B

32029GAC8

Aaa

AAA

A-2C

32029GAD6

Aaa

AAA

A-2D

32029GAE4

Aaa

AAA

M-1

32029GAF1

Aa1

AA+

M-2

32029GAG9

Aa2

M-3

32029GAH7

Aa3

M-4

32029GAJ3

A+

M-5

32029GAK0

M-6

32029GAL8

A-

B-1

32029GAM6

Baa1

BBB+

B-2

32029GAN4

Baa2

BBB

B-3

32029GAP9

Baa3

BBB-

B-4

32029GAQ7

Ba1

BB+

32029GAR5

32029GAS3

32029GAT1

AAA

NR - Designates that the class was not rated by the rating agency.

(1)

Changed ratings provided on this report are based on information provided by the applicable rating agency via electronic transmission. It shall be understood that this transmission will generally have been provided to LaSalle within 30 days of the payment

date listed on this statement. Because ratings may have changed during the 30 day window, or may not be being provided by the rating agency in an electronic format and therefore not being updated on this report, LaSalle recommends that investors obtain current rating
information directly from the rating agency.

- - - - - - - - - - - - O r i g i n a l R a t i n g s - - - - - - - - - -

- - - - - - - - - - - - - - - - R a t i n g s C h a n g e / C h a n g e D a t e

(1)

- - - - - - - - - - - - - - - -

Fitch

Moody's

DBRS

S&P

Distribution Date: 25-May-07

Ratings Information

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 13 of 50

25-May-2007 02:14

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

12,297

2,441,263,282

224

69,416,737

13,977,263

912,411

16,672,122

25-Apr-07

12,571

2,523,695,606

112

33,388,295

1,336,078

26-Mar-07

12,736

2,573,217,687

1,613,103

25-May-07

97.40%

96.03%

1.77%

2.73%

0.35%

0.55%

0.00%

0.05%

0.04%

0.43%

0.66%

0.00%

25-Apr-07

99.07%

98.64%

0.88%

1.31%

0.05%

0.00%

26-Mar-07

99.94%

0.06%

0.00%

Total (ALL Loans)

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 14 of 50

25-May-2007 02:14

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

6,211

1,174,079,289

21,055,986

3,850,182

478,364

3,306,043

25-Apr-07

6,344

1,202,675,851

8,432,520

543,257

26-Mar-07

6,407

1,217,394,669

662,857

25-May-07

97.92%

97.61%

1.55%

1.75%

0.28%

0.32%

0.00%

0.05%

0.04%

0.20%

0.27%

0.00%

25-Apr-07

99.37%

99.26%

0.58%

0.70%

0.05%

0.04%

0.00%

26-Mar-07

99.94%

99.95%

0.06%

0.05%

0.00%

Group 1 ARMS - Total

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Page 15 of 50

25-May-2007 02:14

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

4,655

934,133,286

17,663,616

3,243,513

226,547

2,541,797

25-Apr-07

4,758

957,219,512

7,276,629

149,856

26-Mar-07

4,809

969,550,469

499,227

25-May-07

97.88%

97.53%

1.62%

1.84%

0.29%

0.34%

0.00%

0.02%

0.19%

0.27%

0.00%

25-Apr-07

99.35%

99.23%

0.63%

0.75%

0.02%

0.00%

26-Mar-07

99.94%

99.95%

0.06%

0.05%

0.00%

Group 1 ARMS

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Page 16 of 50

25-May-2007 02:14

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

1,556

239,946,003

3,392,371

606,670

251,817

764,246

25-Apr-07

1,586

245,456,338

1,155,892

393,401

26-Mar-07

1,598

247,844,200

163,630

25-May-07

98.05%

97.95%

1.32%

1.38%

0.25%

0.00%

0.13%

0.10%

0.25%

0.31%

0.00%

25-Apr-07

99.44%

99.37%

0.44%

0.47%

0.13%

0.16%

0.00%

26-Mar-07

99.94%

99.93%

0.06%

0.07%

0.00%

Group 1 Fixed

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Page 17 of 50

25-May-2007 02:14

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

6,086

1,267,183,994

126

48,360,750

10,127,080

434,046

13,366,078

25-Apr-07

6,227

1,321,019,756

24,955,775

792,821

26-Mar-07

6,329

1,355,823,017

950,247

25-May-07

96.88%

94.60%

2.01%

3.61%

0.41%

0.76%

0.00%

0.05%

0.03%

0.65%

1.00%

0.00%

25-Apr-07

98.76%

98.09%

1.19%

1.85%

0.05%

0.06%

0.00%

26-Mar-07

99.94%

99.93%

0.06%

0.07%

0.00%

Group 2 ARMS - Total

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Page 18 of 50

25-May-2007 02:14

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

3,969

998,402,047

109

46,411,705

8,963,813

319,057

11,754,672

25-Apr-07

4,088

1,049,603,985

22,577,777

246,400

26-Mar-07

4,172

1,081,462,591

403,806

25-May-07

96.01%

93.67%

2.64%

4.35%

0.51%

0.84%

0.00%

0.05%

0.03%

0.80%

1.10%

0.00%

25-Apr-07

98.48%

97.87%

1.49%

2.11%

0.02%

0.00%

26-Mar-07

99.95%

99.96%

0.05%

0.04%

0.00%

Group 2 ARMS

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Page 19 of 50

25-May-2007 02:14

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-May-07

2,117

268,781,947

1,949,046

1,163,267

114,989

1,611,406

25-Apr-07

2,139

271,415,771

2,377,998

546,421

26-Mar-07

2,157

274,360,427

546,441

25-May-07

98.56%

98.23%

0.79%

0.71%

0.23%

0.43%

0.00%

0.05%

0.04%

0.37%

0.59%

0.00%

25-Apr-07

99.30%

98.93%

0.60%

0.87%

0.09%

0.20%

0.00%

26-Mar-07

99.91%

99.80%

0.09%

0.20%

0.00%

Group 2 Fixed

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Page 20 of 50

25-May-2007 02:14

Balance

25-May-07

190,902

15,295,140

1,186,079

366,806

155,851

389,754

25-Apr-07

26-Mar-07

25-May-07

0.00%

0.01%

0.00%

0.38%

0.60%

0.04%

0.05%

0.00%

0.02%

0.01%

0.02%

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

61-90 Days

90 + Days

Total (ALL Loans)

61-90 Days

90 + Days

Current

31-60 Days

- - - - - - - - - - - I n F o r e c l o s u r e a n d D e l i n q u e n t - - - - - - - - - - - - -

- - - - - - - - - - - - - - - I n R E O a n d D e l i n q u e n t - - - - - - - - - - - - - -

- - - - - - - - - - - - - I n B a n k r u p t c y a n d D e l i n q u e n t - - - - - - - - - - - - -

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 21 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Balance

25-May-07

2,912,765

393,278

251,817

226,547

25-Apr-07

26-Mar-07

25-May-07

0.00%

0.17%

0.24%

0.03%

0.00%

0.03%

0.02%

0.00%

0.02%

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

90 + Days

Group 1 ARMS - Total

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

61-90 Days

Distribution

Date

Current

31-60 Days

61-90 Days

- - - - - - - - - - - I n F o r e c l o s u r e a n d D e l i n q u e n t - - - - - - - - - - - - -

- - - - - - - - - - - - - - - I n R E O a n d D e l i n q u e n t - - - - - - - - - - - - - -

- - - - - - - - - - - - - I n B a n k r u p t c y a n d D e l i n q u e n t - - - - - - - - - - - - -

Page 22 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Balance

25-May-07

2,541,797

226,547

25-Apr-07

26-Mar-07

25-May-07

0.00%

0.19%

0.27%

0.00%

0.02%

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

61-90 Days

90 + Days

Group 1 ARMS

61-90 Days

90 + Days

Current

31-60 Days

- - - - - - - - - - - I n F o r e c l o s u r e a n d D e l i n q u e n t - - - - - - - - - - - - -

- - - - - - - - - - - - - - - I n R E O a n d D e l i n q u e n t - - - - - - - - - - - - - -

- - - - - - - - - - - - - I n B a n k r u p t c y a n d D e l i n q u e n t - - - - - - - - - - - - -

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

Page 23 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Balance

25-May-07

370,968

393,278

251,817

25-Apr-07

26-Mar-07

25-May-07

0.00%

0.13%

0.15%

0.13%

0.16%

0.00%

0.13%

0.10%

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

90 + Days

Group 1 Fixed

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

61-90 Days

Distribution

Date

Current

31-60 Days

61-90 Days

- - - - - - - - - - - I n F o r e c l o s u r e a n d D e l i n q u e n t - - - - - - - - - - - - -

- - - - - - - - - - - - - - - I n R E O a n d D e l i n q u e n t - - - - - - - - - - - - - -

- - - - - - - - - - - - - I n B a n k r u p t c y a n d D e l i n q u e n t - - - - - - - - - - - - -

Page 24 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Balance

25-May-07

190,902

12,382,376

792,801

114,989

155,851

163,207

25-Apr-07

26-Mar-07

25-May-07

0.00%

0.01%

0.00%

0.59%

0.92%

0.05%

0.06%

0.00%

0.02%

0.01%

0.02%

0.01%

0.02%

0.01%

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

61-90 Days

90 + Days

Group 2 ARMS - Total

61-90 Days

90 + Days

Current

31-60 Days

- - - - - - - - - - - I n F o r e c l o s u r e a n d D e l i n q u e n t - - - - - - - - - - - - -

- - - - - - - - - - - - - - - I n R E O a n d D e l i n q u e n t - - - - - - - - - - - - - -

- - - - - - - - - - - - - I n B a n k r u p t c y a n d D e l i n q u e n t - - - - - - - - - - - - -

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

Page 25 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Balance

25-May-07

190,902

11,317,370

246,400

155,851

163,207

25-Apr-07

26-Mar-07

25-May-07

0.00%

0.02%

0.00%

0.75%

1.06%

0.02%

0.00%

0.02%

0.01%

0.02%

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

90 + Days

Group 2 ARMS

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

61-90 Days

Distribution

Date

Current

31-60 Days

61-90 Days

- - - - - - - - - - - I n F o r e c l o s u r e a n d D e l i n q u e n t - - - - - - - - - - - - -

- - - - - - - - - - - - - - - I n R E O a n d D e l i n q u e n t - - - - - - - - - - - - - -

- - - - - - - - - - - - - I n B a n k r u p t c y a n d D e l i n q u e n t - - - - - - - - - - - - -

Page 26 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Balance

25-May-07

1,065,005

546,401

114,989

25-Apr-07

26-Mar-07

25-May-07

0.00%

0.28%

0.39%

0.09%

0.20%

0.00%

0.05%

0.04%

0.00%

25-Apr-07

0.00%

26-Mar-07

0.00%

61-90 Days

90 + Days

Group 2 Fixed

61-90 Days

90 + Days

Current

31-60 Days

- - - - - - - - - - - I n F o r e c l o s u r e a n d D e l i n q u e n t - - - - - - - - - - - - -

- - - - - - - - - - - - - - - I n R E O a n d D e l i n q u e n t - - - - - - - - - - - - - -

- - - - - - - - - - - - - I n B a n k r u p t c y a n d D e l i n q u e n t - - - - - - - - - - - - -

Distribution

Date

Current

31-60 Days

61-90 Days

90 + Days

Current

31-60 Days

Page 27 of 50

25-May-2007 02:15

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-May-07

12,625

2,542,241,814

15,194,851

0.00

355

7.82%

7.32%

25-Apr-07

12,689

2,558,419,980

15,478,675

0.00

356

7.82%

7.32%

26-Mar-07

12,744

2,574,830,790

24,267,171

0.00

357

7.83%

7.33%

25-May-07

4,756

957,808,759

6,533,732

0.00

356

7.73%

7.23%

25-Apr-07

4,789

964,645,997

5,090,608

0.00

357

7.73%

7.23%

26-Mar-07

4,812

970,049,696

7,061,665

0.00

358

7.74%

7.24%

Curr Weighted Avg.

Total (ALL Loans)

Group 1 ARMS

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 28 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-May-07

1,587

244,961,106

1,890,579

0.00

348

8.35%

7.85%

25-Apr-07

1,595

247,005,631

849,003

0.00

349

8.36%

7.86%

26-Mar-07

1,599

248,007,830

392,265

0.00

350

8.36%

7.86%

25-May-07

4,134

1,065,851,294

6,208,475

0.00

356

7.58%

7.08%

25-Apr-07

4,151

1,072,428,162

9,135,187

0.00

357

7.58%

7.08%

26-Mar-07

4,174

1,081,866,396

14,999,710

0.00

358

7.59%

7.09%

Curr Weighted Avg.

Group 1 Fixed

Group 2 ARMS

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Page 29 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-May-07

2,148

273,620,655

562,065

0.00

350

8.58%

8.08%

25-Apr-07

2,154

274,340,190

403,878

0.00

351

8.58%

8.08%

26-Mar-07

2,159

274,906,868

1,813,531

0.00

352

8.58%

8.08%

Curr Weighted Avg.

Group 2 Fixed

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Page 30 of 50

25-May-2007 02:15

SMM (Single Monthly Mortality)

Total

Current Period

0.60%

3-Month Average

0.71%

6-Month Average

0.71%

12-Month Average

0.71%

Average Since Cut-Off

0.71%

CPR (Conditional Prepayment Rate)

Total

Current Period

6.98%

3-Month Average

8.23%

6-Month Average

8.23%

12-Month Average

8.23%

Average Since Cut-Off

8.23%

PSA (Public Securities Association)

Total

Current Period

116%

3-Month Average

137%

6-Month Average

137%

12-Month Average

137%

Average Since Cut-Off

137%

SMM

Single Monthly Mortality

(Partial and Full Prepayments + Repurchases + Curtailments + Liquidations + Other Prin Proceeds) / (Beginning Collateral Bal - Scheduled Prin)

CPR

Conditional Prepayment Rate

1 - (1 - SMM)^12)

PSA

Public Securities Association

100 * CPR / (0.2 * MIN(30,WAS))

WAS

Weighted Average Seasoning

(Original Term - Remaining Term) * (Current Scheduled Balance / Deal Scheduled Principal Balance)

Distribution Date: 25-May-07

Prepayment Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

0.00%

2.43%

4.86%

7.29%

9.71%

12.14%

14.57%

17.00%

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

0.00%

14.29%

28.57%

42.86%

57.14%

71.43%

85.71%

100.00%

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

229%

457%

686%

914%

1143%

1371%

1600%

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

Page 31 of 50

25-May-2007 02:15

Min

Max

Count

% of Total

Balance

% of Total

Min

Max

Count

% of Total

Balance

% of Total

22,000

69,000

1,269

10.05%

68,356,395

2.69%

22,000

69,000

1,293

10.09%

69,656,323

2.68%

69,000

86,000

894

7.08%

69,141,016

2.72%

69,000

86,000

896

6.99%

69,398,323

2.67%

86,000

103,000

1,035

8.20%

98,044,354

3.86%

86,000

103,000

1,036

8.08%

98,221,645

3.78%

103,000

120,000

1,083

8.58%

120,911,032

4.76%

103,000

120,000

1,091

8.51%

121,896,629

4.69%

120,000

137,000

1,021

8.09%

131,344,772

5.17%

120,000

137,000

1,033

8.06%

133,023,262

5.12%

137,000

155,000

1,017

8.06%

148,049,474

5.82%

137,000

156,000

1,082

8.44%

158,127,374

6.08%

155,000

204,000

2,039

16.15%

364,572,679

14.34%

156,000

205,000

2,039

15.91%

366,513,334

14.10%

204,000

253,000

1,298

10.28%

293,775,253

11.56%

205,000

254,000

1,311

10.23%

297,932,249

11.46%

253,000

302,000

795

6.30%

219,728,865

8.64%

254,000

303,000

806

6.29%

223,387,385

8.59%

302,000

351,000

579

4.59%

188,379,422

7.41%

303,000

352,000

605

4.72%

197,657,003

7.60%

351,000

399,000

342

2.71%

127,843,446

5.03%

352,000

400,000

359

2.80%

135,497,518

5.21%

399,000

1,516,000

1,253

9.92%

712,095,106

28.01%

400,000

1,516,000

1,268

9.89%

728,679,321

28.03%

12,625

100.00%

2,542,241,814

100.00%

12,819

100.00%

2,599,990,368

100.00%

Min

Max

Count

% of Total

Balance

% of Total

Min

Max

Count

% of Total

Balance

% of Total

5.00%

6.69%

1,100

8.71%

323,781,637

12.74%

5.00%

6.75%

1,437

11.21%

420,232,694

16.16%

6.69%

6.92%

771

6.11%

205,267,721

8.07%

6.75%

6.97%

702

5.48%

181,864,298

6.99%

6.92%

7.16%

922

7.30%

232,872,013

9.16%

6.97%

7.19%

670

5.23%

166,765,320

6.41%

7.16%

7.39%

879

6.96%

202,106,890

7.95%

7.19%

7.41%

1,043

8.14%

237,619,574

9.14%

7.39%

7.63%

1,203

9.53%

259,180,494

10.19%

7.41%

7.63%

1,057

8.25%

229,853,994

8.84%

7.63%

7.90%

1,497

11.86%

300,877,228

11.84%

7.63%

7.90%

1,512

11.79%

307,645,506

11.83%

7.90%

8.22%

1,341

10.62%

254,605,222

10.01%

7.90%

8.23%

1,378

10.75%

266,797,385

10.26%

8.22%

8.55%

1,055

8.36%

191,048,726

7.51%

8.23%

8.58%

1,252

9.77%

224,576,223

8.64%

8.55%

8.88%

1,127

8.93%

185,470,172

7.30%

8.58%

8.92%

1,098

8.57%

183,086,995

7.04%

8.88%

9.20%

755

5.98%

121,156,764

4.77%

8.92%

9.27%

752

5.87%

120,560,859

4.64%

9.20%

9.55%

493

3.90%

67,996,701

2.67%

9.27%

9.64%

578

4.51%

82,436,418

3.17%

9.55%

13.56%

1,482

11.74%

197,878,247

7.78%

9.64%

13.56%

1,340

10.45%

178,551,102

6.87%

12,625

100.00%

2,542,241,814

100.00%

12,819

100.00%

2,599,990,368

100.00%

Distribution by Current Ending Principal Balance

Distribution by Cut-off Principal Balance

Distribution by Current Mortgage Rate

Distribution by Original Mortgage Rate

Distribution Date: 25-May-07

Mortgage Loan Characteristics Part I

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 32 of 50

25-May-2007 02:15

8,890

2,023,660,053

79.60%

355.86

7.65%

9,047

2,074,568,117

79.79%

360.00

7.66%

3,735

518,581,761

20.40%

349.45

8.47%

3,772

525,422,251

20.21%

353.86

8.48%

12,625

2,542,241,814

100.00%

12,819

2,599,990,368

100.00%

9,273

1,735,535,281

68.27%

354.33

7.87%

9,422

1,776,672,193

68.33%

358.56

7.88%

1,977

490,800,781

19.31%

355.15

7.68%

2,003

501,578,205

19.29%

359.31

7.69%

547

153,257,288

6.03%

354.42

7.62%

556

155,980,638

6.00%

358.73

7.63%

771

145,841,874

5.74%

355.17

7.80%

781

148,938,288

5.73%

359.23

7.81%

16,596,240

0.65%

355.68

8.28%

16,610,250

0.64%

360.00

8.28%

210,349

8.27E-05

355.50

7.92%

210,794

8.11E-05

360.00

7.92%

12,625

2,542,241,814

100.00%

12,819

2,599,990,368

100.00%

Total

Condo - High Facility

Other

SF Unattached Dwelling

PUD

Multifamily

Condo - Low Facility

Distribution by Property Types (Cut-off)

Property Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Total

Adjustable

Fixed 1st Lien

Distribution by Product Characteristics (Cut-off)

Product Type

# of

Loans

Original Principal

Balance

% of

Balance

WAMM

WAC

Total

Condo - High Facility

Other

SF Unattached Dwelling

PUD

Multifamily

Condo - Low Facility

Distribution by Property Types (Current)

Property Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Total

Fixed 1st Lien

Distribution by Product Characteristics (Current)

Product Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Adjustable

Distribution Date: 25-May-07

Mortgage Loan Characteristics Part II

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 33 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Mortgage Loan Characteristics Part II

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

12,014

2,450,868,072

96.41%

354.62

7.82%

12,178

2,504,744,017

96.34%

358.83

7.83%

551

77,373,010

3.04%

352.18

7.64%

579

81,013,333

3.12%

356.39

7.67%

14,000,733

0.55%

355.36

8.24%

14,233,017

0.55%

359.55

8.24%

12,625

2,542,241,814

100.00%

12,819

2,599,990,368

100.00%

8,054

1,571,753,925

61.83%

355.44

7.82%

8,171

1,607,375,444

61.82%

359.56

7.82%

3,842

834,695,863

32.83%

353.34

7.84%

3,903

850,872,265

32.73%

357.73

7.86%

729

135,792,025

5.34%

351.64

7.67%

745

141,742,659

5.45%

355.91

7.69%

12,625

2,542,241,814

100.00%

12,819

2,599,990,368

100.00%

Distribution by Loan Purpose (Cut-off)

Loan Purpose

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Distribution by Occupancy Type (Cut-off)

Occupancy Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Distribution by Loan Purpose (Current)

Loan Purpose

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Distribution by Occupancy Type (Current)

Occupancy Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Total

Refinance/No Cash Out

Purchase

Refinance/Equity Takeout

Total

Owner Occupied - Secondary Residence

Owner Occupied - Primary Residence

Non-Owner Occupied

Page 34 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Mortgage Loan Characteristics Part II

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

12,625

2,542,241,814

100.00%

354.55

7.82%

12,819

2,599,990,368

100.00%

358.76

7.83%

Distribution by Originator Concentration > 10% (Cut-off)

Originator

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Distribution by Originator Concentration > 10% (Current)

Originator

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

First Franklin

Page 35 of 50

25-May-2007 02:15

WAMM

WAC

California

1,464

579,199,674

22.78%

355

7.18%

Florida

1,095

230,895,887

9.08%

355

7.83%

New York

646

162,409,998

6.39%

355

7.66%

Illinois

754

149,945,774

5.90%

355

8.28%

Texas

849

103,141,907

4.06%

352

8.05%

Georgia

550

96,576,297

3.80%

355

8.25%

Maryland

285

84,517,908

3.32%

356

7.75%

Utah

395

76,247,105

3.00%

355

7.73%

Michigan

588

73,203,627

2.88%

355

8.39%

North Carolina

468

69,885,920

2.75%

353

8.22%

Remaining

5,531

916,217,718

36.04%

354

8.04%

WAMM

WAC

California

1,502

597,577,463

22.98%

359

7.19%

Florida

1,100

233,352,625

8.98%

359

7.83%

New York

648

163,254,991

6.28%

359

7.66%

Illinois

782

157,850,487

6.07%

359

8.32%

Texas

852

103,837,566

3.99%

356

8.06%

Georgia

559

98,242,945

3.78%

359

8.25%

Maryland

292

86,967,068

3.34%

360

7.78%

Utah

405

78,987,702

3.04%

359

7.74%

Michigan

597

73,936,876

2.84%

359

8.39%

Massachusetts

260

71,778,539

2.76%

360

8.00%

Remaining

5,822

934,204,106

35.93%

358

8.06%

(1)

Based on Current Period Ending Principal Balance

Top 10 Original State Concentration

Geographic
Distribution

# of

Loans

Balance

(1)

% of

Balance

Top 10 Current State Concentration

Geographic
Distribution

# of

Loans

Balance

(1)

% of

Balance

Distribution Date: 25-May-07

Geographic Concentration

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Top 10 Current State Concentration

California

Illinois

New York

Florida

North Carolina

Michigan

Utah

Maryland

Georgia

Texas

Remaining

Page 36 of 50

25-May-2007 02:15

B
C
L
O
P

REO
Settled
Third Party

R
X
T

1
2
3

Liq. Type Code - Legend
BK Discharged
Charge-off
Retain Lien
Loan Sale
Paid in Full

Occ Type Code - Legend
Primary
Secondary
Investment

FICO

Lien Position

Liq Type

Occ Type

Subsequent

Recov/(Exp)

Loss-Certs Adjusted

Loss Severity

Loan-to-Value

Disclosure Control

Original

Liquidation

Balance

Net Liquidation

Proceeds

Loss-Certs Non-

adjusted

Distribution Date: 25-May-07

Current Period Realized Loss Detail

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 37 of 50

25-May-2007 02:15

Distribution Date

Beginning Scheduled

Balance

Net Liquidation

Proceeds

Realized Loss

Loan Count

Realized Loss

Adjusted

Cumulative

Realized Loss

Amount

Count

Amount

Count

Amount

Count

25-May-07

0.00

25-Apr-07

0.00

26-Mar-07

0.00

Total

0.00

Total (ALL Loans)

- - - - - - - - - - - - - - - - - C u r r e n t R e a l i z e d L o s s - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - P r e v i o u s L i q u i d a t i o n s / P a y o f f s - - - - - - - - - - - - - -

Claims on Prior

Liquidations

Recovery on Prior

Liquidations

(Claims)/Recoveries on

Prior Payoffs

Distribution Date: 25-May-07

Historical Realized Loss Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 38 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Historical Realized Loss Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Distribution Date

Beginning Scheduled

Balance

Net Liquidation

Proceeds

Realized Loss

Loan Count

Realized Loss

Adjusted

Cumulative

Realized Loss

Amount

Count

Amount

Count

Amount

Count

25-May-07

0.00

25-Apr-07

0.00

26-Mar-07

0.00

Total

0.00

Claims on Prior

Liquidations

Recovery on Prior

Liquidations

(Claims)/Recoveries on

Prior Payoffs

Group 1 ARMS

- - - - - - - - - - - - - - - - - C u r r e n t R e a l i z e d L o s s - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - P r e v i o u s L i q u i d a t i o n s / P a y o f f s - - - - - - - - - - - - - -

Page 39 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Historical Realized Loss Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Distribution Date

Beginning Scheduled

Balance

Net Liquidation

Proceeds

Realized Loss

Loan Count

Realized Loss

Adjusted

Cumulative

Realized Loss

Amount

Count

Amount

Count

Amount

Count

25-May-07

0.00

25-Apr-07

0.00

26-Mar-07

0.00

Total

0.00

Claims on Prior

Liquidations

Recovery on Prior

Liquidations

(Claims)/Recoveries on

Prior Payoffs

Group 2 ARMS

- - - - - - - - - - - - - - - - - C u r r e n t R e a l i z e d L o s s - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - P r e v i o u s L i q u i d a t i o n s / P a y o f f s - - - - - - - - - - - - - -

Page 40 of 50

25-May-2007 02:15

MDR (monthly Default Rate)

Total

Current Period

0.00%

3-Month Average

0.00%

6-Month Average

0.00%

12-Month Average

0.00%

Average Since Cut-Off

0.00%

CDR (Conditional Default Rate)

Total

Current Period

0.00%

3-Month Average

0.00%

6-Month Average

0.00%

12-Month Average

0.00%

Average Since Cut-Off

0.00%

SDA (Standard Default Assumption)

Total

Current Period

0.00%

3-Month Average

0.00%

6-Month Average

0.00%

12-Month Average

0.00%

Average Since Cut-Off

0.00%

MDR

Monthly Default Rate

(Beginning Principal Balance of Liquidated Loans) / (Total Beginning Principal Balance)

CDR

Conditional Default Rate

1 - (1 - MDR)^12

SDA

Standard Default Assumption

If WAS=30 then CDR/(WAS*0.02) else if 30<WAS=60 then CDR/0.6 else if 60<WAS=120 then CDR/(0.6-((WAS-60)*0.0095)) else if WAS>120 then CDR/0.03

WAS

Weighted Average Seasoning

(Original Term - Remaining Term) * (Current Scheduled Balance / Deal Scheduled Principal Balance)

Distribution Date: 25-May-07

Realized Loss Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

0.00%

0.86%

1.71%

2.57%

3.43%

4.29%

5.14%

6.00%

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

0.00%

7.14%

14.29%

21.43%

28.57%

35.71%

42.86%

50.00%

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

286%

571%

857%

1143%

1429%

1714%

2000%

Jun-06

Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

Page 41 of 50

25-May-2007 02:15

4001137519

393,620.91

105.36

0.00

393,471.02

7.50%

2,565.49

2,460.13

1,475.80

984.33

4001139654

89,897.77

45.89

0.00

89,817.12

10.85%

858.72

812.83

449.49

363.34

4001185814

161,000.00

0.00

161,000.00

8.35%

1,120.29

805.00

315.29

4001226965

92,425.95

46.92

0.00

92,379.03

7.50%

624.58

577.66

462.13

115.53

Total

736,944.63

198.17

0.00

736,667.17

5,169.08

4,970.91

3,192.42

1,778.49

Relief Act Interest

Shortfall

Total (ALL Loans)

Disclosure Control

Beginning

Balance

Scheduled

Principal

Unscheduled

Principal

Ending balance

Loan Rate

P&I Amount

Scheduled Interest Interest Received

Distribution Date: 25-May-07

Servicemembers Civil Relief Act

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 42 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Servicemembers Civil Relief Act

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

4001137519

393,620.91

105.36

0.00

393,471.02

7.50%

2,565.49

2,460.13

1,475.80

984.33

4001139654

89,897.77

45.89

0.00

89,817.12

10.85%

858.72

812.83

449.49

363.34

4001185814

161,000.00

0.00

161,000.00

8.35%

1,120.29

805.00

315.29

4001226965

92,425.95

46.92

0.00

92,379.03

7.50%

624.58

577.66

462.13

115.53

Total

736,944.63

198.17

0.00

736,667.17

5,169.08

4,970.91

3,192.42

1,778.49

Scheduled Interest Interest Received

Relief Act Interest

Shortfall

Group 1 Fixed

Disclosure Control

Beginning

Balance

Scheduled

Principal

Unscheduled

Principal

Ending balance

Loan Rate

P&I Amount

Page 43 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Servicemembers Civil Relief Act

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Total

Relief Act Interest

Shortfall

Group 2 Fixed

Disclosure Control

Beginning

Balance

Scheduled

Principal

Unscheduled

Principal

Ending balance

Loan Rate

P&I Amount

Scheduled Interest Interest Received

Page 44 of 50

25-May-2007 02:15

Material breaches of pool asset representation or warranties or transaction covenants.

Material Breach Description

Disclosure

Control #

Loan Group #

Ending Principal

Balance

Material Breach

Date

Distribution Date: 25-May-07

Material Breaches Detail

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 45 of 50

25-May-2007 02:15

Modifications include any extensions or waivers to the mortgage loan terms, fees, penalties or payments during the preceding calendar month or that have become material over time.

Modification Description

Disclosure

Control #

Loan Group #

Modified Maturity

Date

Cutoff Maturity

Date

Distribution Date: 25-May-07

Modified Loan Detail

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 46 of 50

25-May-2007 02:15

Disclosure

Control #

Beginning Principal Balance

Description

Distribution Date: 25-May-07

Collateral Asset Changes

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 47 of 50

25-May-2007 02:15

Total

0.00

Realized Loss

Appraisal

Reduction

Amount

Date

Liquidated

Liquidation

Proceeds

Liquidation

Expenses

Total (ALL Loans)

Disclosure

Control #

REO Date

City

State

Property Type

Actual Balance

Scheduled

Balance

Recent

Appraisal

Value

Appraisal

Date

Distribution Date: 25-May-07

Historical Collateral Level REO Report

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Page 48 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Historical Collateral Level REO Report

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Total

0.00

Liquidation

Proceeds

Liquidation

Expenses

Realized Loss

Recent

Appraisal

Value

Appraisal

Date

Appraisal

Reduction

Amount

Date

Liquidated

Group 1 Fixed

Disclosure

Control #

REO Date

City

State

Property Type

Actual Balance

Scheduled

Balance

Page 49 of 50

25-May-2007 02:15

Distribution Date: 25-May-07

Historical Collateral Level REO Report

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-FF2

Total

0.00

Realized Loss

Appraisal

Reduction

Amount

Date

Liquidated

Liquidation

Proceeds

Liquidation

Expenses

Group 2 Fixed

Disclosure

Control #

REO Date

City

State

Property Type

Actual Balance

Scheduled

Balance

Recent

Appraisal

Value

Appraisal

Date

Page 50 of 50

25-May-2007 02:15

First Franklin Mortgage Loan Trust, Series 2007-FF2 10-D