Outside Parties To The Transaction

Contact Information:

Payment Date:

25-Oct-07

Prior Payment:

25-Sep-07

Analyst:

Tom John

714.259.6275

Next Payment:

26-Nov-07

tom.john@abnamro.com

Record Date:

28-Sep-07

Administrator:

John Chozen

312.992.1816

john.chozen@abnamro.com

Distribution Count:

LaSalle Website:

www.etrustee.net

Closing Date:

26-Jun-07

First Pay. Date:

25-Jul-07

Rated Final Payment Date:

27-Jul-37

Effective October 1, 2007, Bank of America Corporation, parent

Determination Date:

15-Oct-07

corporation of Bank of America, N.A. ("Bank of America") and Banc
of America Securities LLC ("BAS"), has acquired ABN AMRO North

Delinq Method:

OTS

America Holding Company, parent company of LaSalle Bank Corporation
and LaSalle Bank National Association ("LaSalle"), from ABN AMRO
Bank N.V. (the "Acquisition").

Master Servicer: Home Loan Services

Rating Agency: Standard & Poor's Rating Services/Moody's Investors
Service

ABN AMRO Acct : 724810.1

Issuer: Merrill Lynch Mortgage Investors, Inc.

Depositor: Merrill Lynch Mortgage Investors, Inc.

Underwriter: Merrill Lynch & Company- Asset Backed Sec. Group

Distribution Date: 25-Oct-07

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

23-Oct-2007 01:22

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Content:

Pages

Statement to Certificate Holders

Statement to Certificate Holders (Factors)

Pool/Non-Pool Funds Cash Reconciliation

Cash Reconciliation Summary

6-7

Pool Detail and Performance Indicators

8-10

Bond Interest Reconciliation Part I

Bond Interest Reconciliation Part II

Bond Principal Reconciliation

Rating Information

15 Month Loan Status Summary Part I

15-21

15 Month Loan Status Summary Part II

22-28

15 Month Historical Payoff Summary

29-31

Prepayment Premium Loan Detail

Prepayment Summary

Historical Collateral Level REO Report

34-36

Mortgage Loan Characteristics Part I

Mortgage Loan Characteristics Part II

38-40

Geographic Concentration

Current Period Realized Loss Detail

Historical Realized Loss Summary

43-45

Realized Loss Summary

Servicemembers Civil Relief Act

Material Breaches Detail

Modified Loan Detail (Historical)

Collateral Asset Changes

Substitution Detail History

Substitution Detail History Summary

Table of Contents

23-Oct-2007 01:22

1-A

59025CAA8

509,625,000.00

498,253,279.01

5,614,856.56

0.00

492,638,422.45

2,188,681.33

0.00

5.2712500000%

2-A1

59025CAB6

325,283,000.00

306,535,132.51

9,719,125.63

0.00

296,816,006.88

1,326,083.76

0.00

5.1912500000%

2-A2

59025CAC4

171,764,000.00

0.00

171,764,000.00

751,646.42

0.00

5.2512500000%

2-A3

59025CAD2

182,548,000.00

0.00

182,548,000.00

804,922.59

0.00

5.2912500000%

2-A4

59025CAE0

67,580,000.00

0.00

67,580,000.00

303,054.06

0.00

5.3812500000%

1-M1

59025CAF7

34,062,000.00

0.00

34,062,000.00

152,746.78

0.00

5.3812500000%

2-M1

59025CAG5

49,938,000.00

0.00

49,938,000.00

223,940.72

0.00

5.3812500000%

1-M2

59025CAH3

23,356,000.00

0.00

23,356,000.00

104,931.70

0.00

5.3912500000%

2-M2

59025CAJ9

34,244,000.00

0.00

34,244,000.00

153,848.30

0.00

5.3912500000%

1-M3

59025CAK6

12,327,000.00

0.00

12,327,000.00

55,689.79

0.00

5.4212500000%

2-M3

59025CAL4

18,073,000.00

0.00

18,073,000.00

81,648.54

0.00

5.4212500000%

59025CAM2

27,200,000.00

0.00

27,200,000.00

124,921.67

0.00

5.5112500000%

59025CAN0

23,200,000.00

0.00

23,200,000.00

108,097.50

0.00

5.5912500000%

59025CAP5

15,200,000.00

0.00

15,200,000.00

73,862.50

0.00

5.8312500000%

59025CAQ3

17,600,000.00

0.00

17,600,000.00

97,258.33

0.00

6.6312500000%

59025CAR1

13,600,000.00

0.00

13,600,000.00

81,387.50

0.00

7.1812500000%

59025CAS9

21,600,000.00

0.00

21,600,000.00

130,162.50

0.00

7.2312500000%

59025CAU4

1,600,000,024.20 N

1,569,880,412.32

0.00

1,554,546,430.13

4,028,560.46

(2,866.25)

N/A

59025CAT7

0.00

52,062.73

N/A

59025CAV2

100.00

0.00

N/A

Total

1,547,200,100.00

1,517,080,411.52

15,333,982.19

0.00

1,501,746,429.33

10,843,507.18

49,196.48

Total P&I Payment

26,177,489.37

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-Oct-07

Bond Payment

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 3 of 52

23-Oct-2007 01:21

1-A

59025CAA8

509,625,000.00

977.686100592

11.017623861

0.000000000

966.668476732

4.294689880

0.000000000

5.01250000%

2-A1

59025CAB6

325,283,000.00

942.364441139

29.878984238

0.000000000

912.485456901

4.076707851

0.000000000

4.93250000%

2-A2

59025CAC4

171,764,000.00

1000.000000000

0.000000000

1000.000000000

4.376041662

0.000000000

4.99250000%

2-A3

59025CAD2

182,548,000.00

1000.000000000

0.000000000

1000.000000000

4.409375014

0.000000000

5.03250000%

2-A4

59025CAE0

67,580,000.00

1000.000000000

0.000000000

1000.000000000

4.484374963

0.000000000

5.12250000%

1-M1

59025CAF7

34,062,000.00

1000.000000000

0.000000000

1000.000000000

4.484374963

0.000000000

5.12250000%

2-M1

59025CAG5

49,938,000.00

1000.000000000

0.000000000

1000.000000000

4.484375025

0.000000000

5.12250000%

1-M2

59025CAH3

23,356,000.00

1000.000000000

0.000000000

1000.000000000

4.492708512

0.000000000

5.13250000%

2-M2

59025CAJ9

34,244,000.00

1000.000000000

0.000000000

1000.000000000

4.492708212

0.000000000

5.13250000%

1-M3

59025CAK6

12,327,000.00

1000.000000000

0.000000000

1000.000000000

4.517708283

0.000000000

5.16250000%

2-M3

59025CAL4

18,073,000.00

1000.000000000

0.000000000

1000.000000000

4.517708183

0.000000000

5.16250000%

59025CAM2

27,200,000.00

1000.000000000

0.000000000

1000.000000000

4.592708456

0.000000000

5.25250000%

59025CAN0

23,200,000.00

1000.000000000

0.000000000

1000.000000000

4.659375000

0.000000000

5.33250000%

59025CAP5

15,200,000.00

1000.000000000

0.000000000

1000.000000000

4.859375000

0.000000000

5.57250000%

59025CAQ3

17,600,000.00

1000.000000000

0.000000000

1000.000000000

5.526041477

0.000000000

6.37250000%

59025CAR1

13,600,000.00

1000.000000000

0.000000000

1000.000000000

5.984375000

0.000000000

6.92250000%

59025CAS9

21,600,000.00

1000.000000000

0.000000000

1000.000000000

6.026041667

0.000000000

6.97250000%

59025CAU4

1,600,000,024.20 N

981.175242860

0.000000000

971.591504136

2.517850249

(0.001791406)

N/A

59025CAT7

0.00

0.000000000

N/A

59025CAV2

100.00

0.000000000

N/A

Interest Adjustment*

Next Rate **

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

Bond Payment

Class

CUSIP

Original Face

Value

Beginning Certificate

Balance *

Principal Payment

Principal

Adjustment or

Loss

Deferred Interest *

Ending Certificate

Balance *

Interest Payment *

Distribution Date: 25-Oct-07

Statement to Certificate Holders (FACTORS)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 4 of 52

23-Oct-2007 01:21

Interest Summary

Principal Summary

Supplemental Interest Trust

Interest Summary

Principal Summary

Net Swap Payments received

0.00

Scheduled Interest

11,448,427.59

Scheduled Prin Distribution

451,927.13

Net Swap Payments paid

0.00

Fees

654,116.73

Curtailments

189,733.42

Remittance Interest

10,794,310.86

Prepayments in Full

6,365,134.08

Swap Termination Payments received

0.00

Other Interest Proceeds/Shortfalls

Liquidation Proceeds

0.00

Swap Termination Payments paid

0.00

Prepayment Penalties

52,062.73

Repurchase Proceeds

8,327,187.56

Other Interest Loss

0.00

Other Principal Proceeds

0.00

Defaulted Swap Termination Payments

0.00

Other Interest Proceeds

0.00

Remittance Principal

15,333,982.19

Non-advancing Interest

0.00

Non-Supported Interest Shortfall

0.00

Cap Contract Payment

0.00

Relief Act Shortfall

(2,866.34)

Modification Shortfall

0.00

Corridor Contracts

Other Interest Proceeds/Shortfalls

49,196.39

Interest Adjusted

10,843,507.25

Class 1-A Certificates

0.00

Fee Summary

Class 2-A Certificates

0.00

Total Servicing Fees

654,116.73

Subordinate Certificates

0.00

Total Trustee Fees

0.00

Class C Certificates

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

654,116.73

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

26,177,489.44

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-Oct-07

Cash Reconciliation Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 5 of 52

23-Oct-2007 01:21

Group 1 Fixed

Group 1 ARM

Total

Interest Summary

Scheduled Interest

798,561.38

3,818,441.15

4,617,002.53

Fees

45,639.20

219,952.33

265,591.53

Remittance Interest

752,922.18

3,598,488.82

4,351,411.00

Other Interest Proceeds/Shortfalls

Prepayment Penalties

0.00

41,356.88

Other Interest Loss

0.00

Other Interest Proceeds

0.00

Non-advancing Interest

0.00

Net PPIS/Relief Act Shortfall

0.00

(1,481.19)

Modification Shortfall

0.00

Other Interest Proceeds/Shortfalls

0.00

39,875.69

Interest Adjusted

752,922.18

3,638,364.51

4,391,286.69

Principal Summary

Scheduled Principal Distribution

51,748.05

147,073.00

198,821.05

Curtailments

5,508.92

153,323.78

158,832.70

Prepayments in Full

253,788.40

3,392,167.98

3,645,956.38

Liquidation Proceeds

0.00

Repurchase Proceeds

0.00

1,611,246.43

Other Principal Proceeds

0.00

Less Mod Losses

0.00

Remittance Principal

311,045.37

5,303,811.19

5,614,856.56

Fee Summary

Total Servicing Fees

45,639.20

219,952.33

265,591.53

Total Trustee Fees

0.00

LPMI Fees

0.00

Misc. Fees

0.00

Total Fees

45,639.20

219,952.33

265,591.53

Beginning Principal Balance

109,534,073.76

527,885,548.50

637,419,622.26

Ending Principal Balance

109,223,028.39

522,581,737.31

631,804,765.70

Distribution Date: 25-Oct-07

Cash Reconciliation Summary Group 1

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 6 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-07

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Group 2 Fixed

Group 2 ARM

Total

Interest Summary

Scheduled Interest

1,194,875.96

5,636,549.10

6,831,425.06

Fees

65,215.10

323,310.10

388,525.20

Remittance Interest

1,129,660.86

5,313,239.00

6,442,899.86

Other Interest Proceeds/Shortfalls

Prepayment Penalties

6,747.87

3,957.98

10,705.85

Other Interest Loss

0.00

Other Interest Proceeds

0.00

Non-advancing Interest

0.00

Net PPIS/Relief Act Shortfall

0.00

(1,385.15)

Modification Shortfall

0.00

Other Interest Proceeds/Shortfalls

6,747.87

2,572.83

9,320.70

Interest Adjusted

1,136,408.73

5,315,811.83

6,452,220.56

Principal Summary

Scheduled Principal Distribution

72,031.35

181,074.73

253,106.08

Curtailments

14,742.74

16,157.98

30,900.72

Prepayments in Full

465,486.80

2,253,690.90

2,719,177.70

Liquidation Proceeds

0.00

Repurchase Proceeds

284,028.25

6,431,912.88

6,715,941.13

Other Principal Proceeds

0.00

Less Mod Losses

0.00

Remittance Principal

836,289.14

8,882,836.49

9,719,125.63

Fee Summary

Total Servicing Fees

65,215.10

323,310.10

388,525.20

Total Trustee Fees

0.00

LPMI Fees

0.00

Misc. Fees

0.00

Total Fees

65,215.10

323,310.10

388,525.20

Beginning Principal Balance

156,516,259.67

775,944,530.39

932,460,790.06

Ending Principal Balance

155,679,970.53

767,061,693.90

922,741,664.43

Cash Reconciliation Summary Group 2

Page 7 of 52

23-Oct-2007 01:21

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

1,600,000,024.20

7,567

3 mo. Rolling Average

12,772,287

1,569,821,860

0.82%

WAC - Remit Current

8.49%

8.20%

8.25%

Cum Scheduled Principal

1,807,236.84

6 mo. Rolling Average

9,579,215

1,576,224,947

0.62%

WAC - Remit Original

8.50%

8.21%

8.26%

Cum Unscheduled Principal

43,646,357.23

12 mo. Rolling Average

9,579,215

1,576,224,947

0.62%

WAC - Current

8.99%

8.70%

8.75%

Cum Liquidations

0.00

Loss Levels

Amount

Count

WAC - Original

9.00%

8.71%

8.76%

Cum Repurchases

13,550,991.29

3 mo. Cum Loss

0.00

WAL - Current

351.37

355.46

354.77

6 mo. Cum loss

0.00

WAL - Original

354.49

358.47

357.80

Current

Amount

Count

12 mo. Cum Loss

0.00

Beginning Pool

1,569,880,412.32

7,452

98.12%

Current Index Rate

Scheduled Principal

451,927.13

0.03%

Triggers

Next Index Rate

Unscheduled Principal

6,554,867.50

0.41%

Liquidations

0.00

0.00%

> Delinquency Trigger Event

(2)

Prepayment Charges

Repurchases

8,327,187.56

0.52%

Delinquency Event Calc

(1)

33,032,289.14

1,554,546,430

2.12%

Amount

Count

Ending Pool

1,554,546,430.13

7,392

97.16%

Current

> Loss Trigger Event?

(3)

Cumulative

Ending Actual Balance

1,555,008,850.69

Cumulative Loss

0.00%

Average Loan Balance

210,301.19

> 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)

22.08%

Cut-off LTV

85.24%

Realized Loss Adjustment

0.00

Step Down %

(5)

57.10%

Cash Out/Refinance

51.47%

Net Liquidation

0.00

% of Required Percentage

(6)

37.30%

SFR

70.92%

Credit Enhancement

Amount

> Step Down Date?

Min

Max

W A

Original OC

52,799,924.20

3.30%

Extra Principal

0.00

FICO

540

809

640.17

Target OC

52,800,000.80

3.30%

Cumulative Extra Principal

76.60

Beginning OC

52,800,000.80

OC Release

0.00

Ending OC

52,800,000.80

Most Senior Certificates

1,226,680,411.52

95.83%

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.

808,736,734.88

1,114,458,698.28

Owner Occupied

1,505,949,194.60

104,125.46

311,342.36

Balance

1,339,471,973.66

Misc/Additional Information

Pool Level Information

5.131250%

4.872500%

Distribution Date: 25-Oct-07

Pool Detail and Performance Indicators Total (All Loans)

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 8 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-07

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

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

648,791,419.33

3,134

3 mo. Rolling Average

3,720,311

637,468,658

0.59%

WAC - Remit Current

8.25%

8.18%

8.19%

Cum Scheduled Principal

795,397.66

6 mo. Rolling Average

2,790,233

639,942,962

0.44%

WAC - Remit Original

8.26%

8.19%

8.20%

Cum Unscheduled Principal

16,191,255.97

12 mo. Rolling Average

2,790,233

639,942,962

0.44%

WAC - Current

8.75%

8.68%

8.69%

Cum Liquidations

0.00

Loss Levels

Amount

Count

WAC - Original

8.76%

8.69%

8.70%

Cum Repurchases

2,992,209.60

3 mo. Cum Loss

0.00

WAL - Current

351.43

355.48

354.78

6 mo. Cum loss

0.00

WAL - Original

354.52

358.48

357.80

Current

Amount

Count

12 mo. Cum Loss

0.00

Beginning Pool

637,419,622.26

3,082

98.25%

Scheduled Principal

198,821.05

0.03%

Unscheduled Principal

3,804,789.08

0.59%

Liquidations

0.00

0.00%

Prepayment Charges

Repurchases

1,611,246.43

0.25%

Amount

Count

Ending Pool

631,804,765.70

3,058

97.38%

Current

Cumulative

Ending Actual Balance

632,007,864.63

Average Loan Balance

206,607.18

Pool Composition

Current Loss Detail

Amount

Liquidation

0.00

Properties

%/Score

Realized Loss

0.00

Cut-off LTV

85.55%

Realized Loss Adjustment

0.00

Cash Out/Refinance

73.43%

Net Liquidation

0.00

SFR

73.01%

Min

Max

W A

FICO

540

809

633.61

Misc/Additional Information

Pool Level Information

41,356.88

90,026.52

Balance

545,868,142.01

93.89%

468,535,443.91

465,890,253.50

Owner Occupied

599,106,262.92

Pool Detail and Performance Indicators Group 1

Page 9 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-07

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

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

951,208,604.87

4,433

3 mo. Rolling Average

9,051,976

932,353,202

0.98%

WAC - Remit Current

8.66%

8.22%

8.29%

Cum Scheduled Principal

1,011,839.18

6 mo. Rolling Average

6,788,982

936,281,984

0.73%

WAC - Remit Original

8.66%

8.22%

8.30%

Cum Unscheduled Principal

27,455,101.26

12 mo. Rolling Average

6,788,982

936,281,984

0.73%

WAC - Current

9.16%

8.72%

8.79%

Cum Liquidations

0.00

Loss Levels

Amount

Count

WAC - Original

9.16%

8.72%

8.80%

Cum Repurchases

10,558,781.69

3 mo. Cum Loss

0.00

WAL - Current

351.33

355.46

354.76

6 mo. Cum loss

0.00

WAL - Original

354.47

358.46

357.79

Current

Amount

Count

12 mo. Cum Loss

0.00

Beginning Pool

932,460,790.06

4,370

98.03%

Scheduled Principal

253,106.08

0.03%

Unscheduled Principal

2,750,078.42

0.29%

Liquidations

0.00

0.00%

Prepayment Charges

Repurchases

6,715,941.13

0.71%

Amount

Count

Ending Pool

922,741,664.43

4,334

97.01%

Current

Cumulative

Ending Actual Balance

923,000,986.06

Average Loan Balance

212,907.63

Pool Composition

Current Loss Detail

Amount

Liquidation

0.00

Properties

%/Score

Realized Loss

0.00

Cut-off LTV

85.03%

Realized Loss Adjustment

0.00

Cash Out/Refinance

36.45%

Net Liquidation

0.00

SFR

69.49%

Min

Max

W A

FICO

540

808

644.66

Pool Detail and Performance Indicators Group 2

Misc/Additional Information

Pool Level Information

10,705.85

65,644.66

Balance

793,603,831.66

97.16%

340,201,290.97

648,568,444.78

Owner Occupied

906,842,931.68

Page 10 of 52

23-Oct-2007 01:21

1-A

Act/360

498,253,279.01

5.271250000%

2,188,681.33

0.00

2,188,681.33

0.00

2-A1

Act/360

306,535,132.51

5.191250000%

1,326,083.76

0.00

1,326,083.76

0.00

2-A2

Act/360

171,764,000.00

5.251250000%

751,646.42

0.00

751,646.42

0.00

2-A3

Act/360

182,548,000.00

5.291250000%

804,922.59

0.00

804,922.59

0.00

2-A4

Act/360

67,580,000.00

5.381250000%

303,054.06

0.00

303,054.06

0.00

1-M1

Act/360

34,062,000.00

5.381250000%

152,746.78

0.00

152,746.78

0.00

2-M1

Act/360

49,938,000.00

5.381250000%

223,940.72

0.00

223,940.72

0.00

1-M2

Act/360

23,356,000.00

5.391250000%

104,931.70

0.00

104,931.70

0.00

2-M2

Act/360

34,244,000.00

5.391250000%

153,848.30

0.00

153,848.30

0.00

1-M3

Act/360

12,327,000.00

5.421250000%

55,689.79

0.00

55,689.79

0.00

2-M3

Act/360

18,073,000.00

5.421250000%

81,648.54

0.00

81,648.54

0.00

Act/360

27,200,000.00

5.511250000%

124,921.67

0.00

124,921.67

0.00

Act/360

23,200,000.00

5.591250000%

108,097.50

0.00

108,097.50

0.00

Act/360

15,200,000.00

5.831250000%

73,862.50

0.00

73,862.50

0.00

Act/360

17,600,000.00

6.631250000%

97,258.33

0.00

97,258.33

0.00

Act/360

13,600,000.00

7.181250000%

81,387.50

0.00

81,387.50

0.00

Act/360

21,600,000.00

7.231250000%

130,162.50

0.00

130,162.50

0.00

1,569,880,412.32

N/A

4,031,426.71

0.00

4,028,560.46

0.00

N/A

0.00

52,062.73

0.00

52,062.73

0.00

N/A

Act/360

0.00

5.271250000%

0.00

N/A

Total

1,517,080,411.52

10,794,310.70

52,062.73

0.00

10,843,507.18

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-Oct-07

Bond Interest Reconciliation

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 11 of 52

23-Oct-2007 01:21

1-A

28-Sep-07

25-Sep-07

25-Oct-07

2,188,681.33

0.00

2-A1

28-Sep-07

25-Sep-07

25-Oct-07

1,326,083.76

0.00

2-A2

28-Sep-07

25-Sep-07

25-Oct-07

751,646.42

0.00

2-A3

28-Sep-07

25-Sep-07

25-Oct-07

804,922.59

0.00

2-A4

28-Sep-07

25-Sep-07

25-Oct-07

303,054.06

0.00

1-M1

28-Sep-07

25-Sep-07

25-Oct-07

152,746.78

0.00

2-M1

28-Sep-07

25-Sep-07

25-Oct-07

223,940.72

0.00

1-M2

28-Sep-07

25-Sep-07

25-Oct-07

104,931.70

0.00

2-M2

28-Sep-07

25-Sep-07

25-Oct-07

153,848.30

0.00

1-M3

28-Sep-07

25-Sep-07

25-Oct-07

55,689.79

0.00

2-M3

28-Sep-07

25-Sep-07

25-Oct-07

81,648.54

0.00

28-Sep-07

25-Sep-07

25-Oct-07

124,921.67

0.00

28-Sep-07

25-Sep-07

25-Oct-07

108,097.50

0.00

28-Sep-07

25-Sep-07

25-Oct-07

73,862.50

0.00

28-Sep-07

25-Sep-07

25-Oct-07

97,258.33

0.00

28-Sep-07

25-Sep-07

25-Oct-07

81,387.50

0.00

28-Sep-07

25-Sep-07

25-Oct-07

130,162.50

0.00

28-Sep-07

1-Sep-07

1-Oct-07

4,031,426.71

0.00

28-Sep-07

25-Sep-07

25-Oct-07

0.00

52,062.73

0.00

28-Sep-07

25-Sep-07

25-Oct-07

0.00

Total

10,794,310.70

0.00

52,062.73

0.00

Non-Supported

Interest Shortfall

Interest Carry-

Forward

(2)

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.

Payments From

Cap Contracts

Prepayment

Premiums

Floating Rate

Cartificate Carry-

Over

Other Interest

Proceeds

(1)

- - - - - - - R E M I C - - - - - - -

- - - - - - - - - - - - - - - - - - - - - - N o n - R E M I C - - - - - - - - - - - - - - - - - - - - - - -

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

Class

Record Date

Prior Interest

Due Date

Current Interest

Due Date

Accrual

Certificate

Interest

Interest Carry-

Forward

Supplemental

Interest Trust

Distribution Date: 25-Oct-07

Bond Interest Reconciliation - Part II

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 12 of 52

23-Oct-2007 01:21

1-A

509,625,000.00

498,253,279.01

198,821.05

5,416,035.51

0.00

492,638,422.45

27-Jul-37

21.45%

22.08%

2-A1

325,283,000.00

306,535,132.51

253,106.08

9,466,019.55

0.00

296,816,006.88

27-Jul-37

21.45%

22.08%

2-A2

171,764,000.00

0.00

171,764,000.00

27-Jul-37

21.45%

22.08%

2-A3

182,548,000.00

0.00

182,548,000.00

27-Jul-37

21.45%

22.08%

2-A4

67,580,000.00

0.00

67,580,000.00

27-Jul-37

21.45%

22.08%

1-M1

34,062,000.00

0.00

34,062,000.00

27-Jul-37

16.20%

16.67%

2-M1

49,938,000.00

0.00

49,938,000.00

27-Jul-37

16.20%

16.67%

1-M2

23,356,000.00

0.00

23,356,000.00

27-Jul-37

12.60%

12.97%

2-M2

34,244,000.00

0.00

34,244,000.00

27-Jul-37

12.60%

12.97%

1-M3

12,327,000.00

0.00

12,327,000.00

27-Jul-37

10.70%

11.01%

2-M3

18,073,000.00

0.00

18,073,000.00

27-Jul-37

10.70%

11.01%

27,200,000.00

0.00

27,200,000.00

27-Jul-37

9.00%

9.26%

23,200,000.00

0.00

23,200,000.00

27-Jul-37

7.55%

7.77%

15,200,000.00

0.00

15,200,000.00

27-Jul-37

6.60%

6.79%

17,600,000.00

0.00

17,600,000.00

27-Jul-37

5.50%

5.66%

13,600,000.00

0.00

13,600,000.00

27-Jul-37

4.65%

4.79%

21,600,000.00

0.00

21,600,000.00

27-Jul-37

3.30%

3.40%

1,600,000,024.20

1,569,880,412.32

0.00

1,554,546,430.13

27-Jul-37

N/A

0.00

27-Jul-37

N/A

100.00

0.00

27-Jul-37

N/A

Total

1,547,200,100.00

1,517,080,411.52

451,927.13

14,882,055.06

0.00

1,501,746,429.33

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-Oct-07

Bond Principal Reconciliation

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 13 of 52

23-Oct-2007 01:21

Class

CUSIP

Fitch

Moody's

DBRS

S&P

1-A

59025CAA8

Aaa

AAA

2-A1

59025CAB6

Aaa

AAA

2-A2

59025CAC4

Aaa

AAA

2-A3

59025CAD2

Aaa

AAA

2-A4

59025CAE0

Aaa

AAA

1-M1

59025CAF7

Aa1

AA+

2-M1

59025CAG5

Aa1

AA+

1-M2

59025CAH3

Aa2

2-M2

59025CAJ9

Aa2

1-M3

59025CAK6

Aa3

AA-

2-M3

59025CAL4

Aa3

AA-

59025CAM2

A+

59025CAN0

59025CAP5

A-

59025CAQ3

Baa1

BBB+

59025CAR1

Baa1

BBB

59025CAS9

Baa3

BBB-

59025CAU4

59025CAT7

59025CAV2

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-Oct-07

Ratings Information

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 14 of 52

23-Oct-2007 01:21

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-Oct-07

7,089

1,468,487,627

206

53,026,514

25,595,161

706,055

763,414

5,967,660

25-Sep-07

7,315

1,527,291,572

122

37,494,199

4,409,070

452,062

233,509

27-Aug-07

7,481

1,576,589,512

8,259,293

189,931

25-Jul-07

7,547

1,595,345,374

88,833

25-Oct-07

95.90%

94.46%

2.79%

3.41%

1.01%

1.65%

0.04%

0.05%

0.07%

0.05%

0.19%

0.38%

0.00%

25-Sep-07

98.16%

97.29%

1.64%

2.39%

0.15%

0.28%

0.00%

0.04%

0.03%

0.01%

0.00%

27-Aug-07

99.63%

99.47%

0.36%

0.52%

0.00%

0.01%

0.00%

25-Jul-07

99.99%

0.01%

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-Oct-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 2007-4

Page 15 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-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 2007-4

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-Oct-07

2,940

604,641,638

17,844,131

6,775,082

639,540

1,904,374

25-Sep-07

3,028

625,578,391

10,189,227

1,323,832

328,173

27-Aug-07

3,098

640,902,491

2,089,163

189,931

25-Jul-07

3,128

647,365,877

25-Oct-07

96.14%

95.70%

2.55%

2.82%

0.95%

1.07%

0.00%

0.13%

0.10%

0.23%

0.30%

0.00%

25-Sep-07

98.25%

98.14%

1.52%

1.60%

0.16%

0.21%

0.00%

0.06%

0.05%

0.00%

27-Aug-07

99.68%

99.65%

0.29%

0.32%

0.00%

0.03%

0.00%

25-Jul-07

100.00%

0.00%

Group 1 - Total

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Group 1 - Total

Page 16 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-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 2007-4

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-Oct-07

600

105,210,463

2,124,099

1,061,260

375,504

451,702

25-Sep-07

614

107,772,004

1,497,504

74,667

189,899

27-Aug-07

627

109,843,725

575,512

189,931

25-Jul-07

633

110,896,369

25-Oct-07

96.15%

96.33%

2.08%

1.94%

1.12%

0.97%

0.00%

0.32%

0.34%

0.32%

0.41%

0.00%

25-Sep-07

98.08%

98.39%

1.60%

1.37%

0.16%

0.07%

0.00%

0.16%

0.17%

0.00%

27-Aug-07

99.37%

99.31%

0.48%

0.52%

0.00%

0.16%

0.17%

0.00%

25-Jul-07

100.00%

0.00%

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

REO

Group 1 Fixed

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

Page 17 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-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 2007-4

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-Oct-07

2,340

499,431,175

15,720,032

5,713,822

264,036

1,452,672

25-Sep-07

2,414

517,806,387

8,691,723

1,249,164

138,274

27-Aug-07

2,471

531,058,766

1,513,651

25-Jul-07

2,495

536,469,508

25-Oct-07

96.14%

95.57%

2.67%

3.01%

0.90%

1.09%

0.00%

0.08%

0.05%

0.21%

0.28%

0.00%

25-Sep-07

98.29%

98.09%

1.51%

1.65%

0.16%

0.24%

0.00%

0.04%

0.03%

0.00%

27-Aug-07

99.76%

99.72%

0.24%

0.28%

0.00%

25-Jul-07

100.00%

0.00%

Group 1 ARM

Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.

Distribution

Date

Current

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Bankruptcy

Foreclosure

REO

Page 18 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-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 2007-4

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-Oct-07

4,149

863,845,989

128

35,182,383

18,820,079

706,055

123,874

4,063,286

25-Sep-07

4,287

901,713,181

27,304,973

3,085,238

123,889

233,509

27-Aug-07

4,383

935,687,021

6,170,131

25-Jul-07

4,419

947,979,497

88,833

25-Oct-07

95.73%

93.62%

2.95%

3.81%

1.06%

2.04%

0.07%

0.08%

0.02%

0.01%

0.16%

0.44%

0.00%

25-Sep-07

98.10%

96.70%

1.72%

2.93%

0.14%

0.33%

0.00%

0.02%

0.01%

0.02%

0.03%

0.00%

27-Aug-07

99.59%

99.34%

0.41%

0.66%

0.00%

25-Jul-07

99.98%

99.99%

0.02%

0.01%

0.00%

Group 2 - 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 19 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-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 2007-4

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-Oct-07

1,150

150,712,540

3,631,322

993,109

343,000

25-Sep-07

1,182

154,378,284

1,794,976

343,000

27-Aug-07

1,196

156,844,334

499,797

25-Jul-07

1,201

158,318,852

88,833

25-Oct-07

97.05%

96.81%

2.45%

2.33%

0.42%

0.64%

0.08%

0.22%

0.00%

25-Sep-07

99.16%

98.63%

0.76%

1.15%

0.08%

0.22%

0.00%

27-Aug-07

99.75%

99.68%

0.25%

0.32%

0.00%

25-Jul-07

99.92%

99.94%

0.08%

0.06%

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 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-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 2007-4

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

Count

Balance

25-Oct-07

2,999

713,133,449

31,551,061

17,826,970

363,055

123,874

4,063,286

25-Sep-07

3,105

747,334,897

25,509,997

2,742,238

123,889

233,509

27-Aug-07

3,187

778,842,687

5,670,333

25-Jul-07

3,218

789,660,646

25-Oct-07

95.24%

92.97%

3.14%

4.11%

1.30%

2.32%

0.06%

0.05%

0.03%

0.02%

0.22%

0.53%

0.00%

25-Sep-07

97.70%

96.31%

2.08%

3.29%

0.16%

0.35%

0.00%

0.03%

0.02%

0.03%

0.00%

27-Aug-07

99.53%

99.28%

0.47%

0.72%

0.00%

25-Jul-07

100.00%

0.00%

Group 2 ARM

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 21 of 52

23-Oct-2007 01:21

Balance

25-Oct-07

1,975,066

3,992,594

501,336

138,204

123,874

25-Sep-07

233,509

189,899

262,163

27-Aug-07

189,931

25-Jul-07

25-Oct-07

0.00%

0.07%

0.13%

0.12%

0.26%

0.00%

0.04%

0.03%

0.01%

0.00%

25-Sep-07

0.00%

0.01%

0.00%

0.01%

0.03%

0.02%

0.00%

27-Aug-07

0.00%

0.01%

0.00%

25-Jul-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-Oct-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 2007-4

Page 22 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-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 2007-4

Balance

25-Oct-07

655,551

1,248,824

501,336

138,204

25-Sep-07

189,899

138,274

27-Aug-07

189,931

25-Jul-07

25-Oct-07

0.00%

0.10%

0.13%

0.20%

0.00%

0.10%

0.08%

0.03%

0.02%

0.00%

25-Sep-07

0.00%

0.03%

0.02%

0.00%

27-Aug-07

0.00%

0.03%

0.00%

25-Jul-07

0.00%

31-60 Days

61-90 Days

90 + Days

Group 1 - Total

- - - - - - - - - - - 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

Group 1 - Total

90 + Days

Current

31-60 Days

61-90 Days

90 + Days

Current

Page 23 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-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 2007-4

Balance

25-Oct-07

451,702

375,504

25-Sep-07

189,899

27-Aug-07

189,931

25-Jul-07

25-Oct-07

0.00%

0.32%

0.41%

0.00%

0.32%

0.34%

0.00%

25-Sep-07

0.00%

0.16%

0.17%

0.00%

27-Aug-07

0.00%

0.16%

0.17%

0.00%

25-Jul-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 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-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 2007-4

Balance

25-Oct-07

203,849

1,248,824

125,832

138,204

25-Sep-07

138,274

27-Aug-07

25-Jul-07

25-Oct-07

0.00%

0.04%

0.16%

0.24%

0.00%

0.04%

0.02%

0.04%

0.03%

0.00%

25-Sep-07

0.00%

0.04%

0.03%

0.00%

27-Aug-07

0.00%

25-Jul-07

0.00%

61-90 Days

90 + Days

Group 1 ARM

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 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-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 2007-4

Balance

25-Oct-07

1,319,516

2,743,770

123,874

25-Sep-07

233,509

123,889

27-Aug-07

25-Jul-07

25-Oct-07

0.00%

0.05%

0.14%

0.12%

0.30%

0.00%

0.02%

0.01%

0.00%

25-Sep-07

0.00%

0.02%

0.03%

0.00%

0.02%

0.01%

0.00%

27-Aug-07

0.00%

25-Jul-07

0.00%

90 + Days

Group 2 - 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 26 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-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 2007-4

Balance

25-Oct-07

25-Sep-07

27-Aug-07

25-Jul-07

25-Oct-07

0.00%

25-Sep-07

0.00%

27-Aug-07

0.00%

25-Jul-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 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-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 2007-4

Balance

25-Oct-07

1,319,516

2,743,770

123,874

25-Sep-07

233,509

123,889

27-Aug-07

25-Jul-07

25-Oct-07

0.00%

0.06%

0.17%

0.16%

0.36%

0.00%

0.03%

0.02%

0.00%

25-Sep-07

0.00%

0.03%

0.00%

0.03%

0.02%

0.00%

27-Aug-07

0.00%

25-Jul-07

0.00%

90 + Days

Group 2 ARM

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 28 of 52

23-Oct-2007 01:21

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-Oct-07

7,392

1,554,546,430

14,692,322

0.00

355

8.75%

8.25%

25-Sep-07

7,452

1,569,880,412

14,615,925

0.00

356

8.75%

8.25%

27-Aug-07

7,509

1,585,038,737

9,895,519

0.00

357

8.76%

8.26%

25-Jul-07

7,548

1,595,434,207

4,059,268

0.00

358

8.76%

8.26%

25-Oct-07

624

109,223,028

253,788

0.00

351

8.75%

8.25%

25-Sep-07

626

109,534,074

1,017,050

0.00

352

8.76%

8.26%

27-Aug-07

631

110,609,168

229,287

0.00

353

8.76%

8.26%

25-Jul-07

633

110,896,369

0.00

355

8.76%

8.26%

Curr Weighted Avg.

Total (All Loans)

Group 1 Fixed

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Distribution Date: 25-Oct-07

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

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 29 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-07

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

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-Oct-07

2,434

522,581,737

5,003,414

0.00

355

8.68%

8.18%

25-Sep-07

2,456

527,885,549

4,501,286

0.00

356

8.68%

8.18%

27-Aug-07

2,477

532,572,417

3,737,268

0.00

357

8.69%

8.19%

25-Jul-07

2,495

536,469,508

1,197,693

0.00

358

8.69%

8.19%

25-Oct-07

1,185

155,679,971

749,515

0.00

351

9.16%

8.66%

25-Sep-07

1,192

156,516,260

740,784

0.00

352

9.16%

8.66%

27-Aug-07

1,199

157,344,131

982,727

0.00

353

9.16%

8.66%

25-Jul-07

1,202

158,407,684

50,895

0.00

354

9.16%

8.66%

Curr Weighted Avg.

Group 1 ARM

Group 2 Fixed

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Page 30 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-07

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

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Insurance

Substitution

Liquidation

Remaining Term

Balance

Proceeds

Amount

Life

Coupon

Remit

25-Oct-07

3,149

767,061,694

8,685,604

0.00

355

8.72%

8.22%

25-Sep-07

3,178

775,944,530

8,356,806

0.00

356

8.72%

8.22%

27-Aug-07

3,202

784,513,021

4,946,239

0.00

357

8.72%

8.22%

25-Jul-07

3,218

789,660,646

2,810,679

0.00

358

8.72%

8.22%

Curr Weighted Avg.

Group 2 ARM

Distribution

Date

Ending Pool

Payoffs

Realized Losses

Page 31 of 52

23-Oct-2007 01:21

4001398067

180,000.00

179,649.06

9.60%

5,392.14

4001388752

273,000.00

272,635.49

7.50%

8,179.06

4001415471

123,750.00

123,686.98

8.00%

3,957.98

4001445130

96,000.00

95,860.20

9.60%

1,917.20

4001372532

193,500.00

193,391.66

7.75%

5,995.14

4001414304

114,000.00

113,956.60

8.00%

3,647.08

4001413682

480,000.00

479,951.39

11.35%

21,790.54

4001409131

118,500.00

118,359.26

11.90%

1,183.59

Current Total

1,578,750.00

1,577,490.64

52,062.73

Cumulative Total

6,072,060.00

6,067,909.25

155,671.18

Current Gross Rate

Prepayment Premium

Disclosure Control #

Original Principal

Balance

Beginning Principal

Balance

Payoff Amount

Distribution Date: 25-Oct-07

Prepayment Premium Loan Detail for Current Period

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 32 of 52

23-Oct-2007 01:21

SMM (Single Monthly Mortality)

Total

Current Period

0.95%

3-Month Average

0.83%

6-Month Average

0.69%

12-Month Average

0.69%

Average Since Cut-Off

0.69%

CPR (Conditional Prepayment Rate)

Total

Current Period

10.80%

3-Month Average

9.54%

6-Month Average

7.92%

12-Month Average

7.92%

Average Since Cut-Off

7.92%

PSA (Public Securities Association)

Total

Current Period

180%

3-Month Average

159%

6-Month Average

132%

12-Month Average

132%

Average Since Cut-Off

132%

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)

Total (All Loans)

Distribution Date: 25-Oct-07

Prepayment Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

0.00%

2.43%

4.86%

7.29%

9.71%

12.14%

14.57%

17.00%

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

Jun-07

Jul-07

Aug-07

Sep-07

Oct-07

0.00%

14.29%

28.57%

42.86%

57.14%

71.43%

85.71%

100.00%

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

Jun-07

Jul-07

Aug-07

Sep-07

Oct-07

229%

457%

686%

914%

1143%

1371%

1600%

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

Jun-07

Jul-07

Aug-07

Sep-07

Oct-07

Page 33 of 52

23-Oct-2007 01:21

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-Oct-07

Historical Collateral Level REO Report

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 34 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-07

Historical Collateral Level REO Report

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Total

0.00

Actual Balance

Scheduled

Balance

Recent

Appraisal

Value

Appraisal

Date

REO Date

City

State

Property Type

Realized Loss

Appraisal

Reduction

Amount

Date

Liquidated

Liquidation

Proceeds

Liquidation

Expenses

Group 1

Disclosure

Control #

Page 35 of 52

23-Oct-2007 01:21

Distribution Date: 25-Oct-07

Historical Collateral Level REO Report

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Total

0.00

Group 2

Disclosure

Control #

REO Date

City

State

Property Type

Actual Balance

Scheduled

Balance

Recent

Appraisal

Value

Appraisal

Date

Realized Loss

Appraisal

Reduction

Amount

Date

Liquidated

Liquidation

Proceeds

Liquidation

Expenses

Page 36 of 52

23-Oct-2007 01:21

Min

Max

Count

% of Total

Balance

% of Total

Min

Max

Count

% of Total

Balance

% of Total

33,000

77,000

734

9.93%

46,121,020

2.97%

33,000

78,000

760

10.04%

48,062,077

3.00%

77,000

95,000

629

8.51%

54,206,940

3.49%

78,000

96,000

667

8.81%

58,032,358

3.63%

95,000

113,000

658

8.90%

68,692,429

4.42%

96,000

114,000

661

8.74%

69,734,800

4.36%

113,000

131,000

597

8.08%

72,925,882

4.69%

114,000

132,000

623

8.23%

76,927,475

4.81%

131,000

149,000

588

7.95%

82,370,191

5.30%

132,000

150,000

588

7.77%

83,159,783

5.20%

149,000

165,000

486

6.57%

76,152,852

4.90%

150,000

166,000

479

6.33%

75,561,716

4.72%

165,000

215,000

1,150

15.56%

216,005,560

13.90%

166,000

216,000

1,182

15.62%

223,532,768

13.97%

215,000

265,000

763

10.32%

181,643,992

11.68%

216,000

266,000

771

10.19%

184,814,950

11.55%

265,000

315,000

488

6.60%

140,931,535

9.07%

266,000

316,000

494

6.53%

143,212,110

8.95%

315,000

365,000

339

4.59%

115,040,393

7.40%

316,000

366,000

350

4.63%

119,200,649

7.45%

365,000

413,000

221

2.99%

85,831,075

5.52%

366,000

416,000

233

3.08%

91,048,056

5.69%

413,000

1,279,000

739

10.00%

414,624,562

26.67%

416,000

1,279,000

759

10.03%

426,713,283

26.67%

7,392

100.00%

1,554,546,430

100.00%

7,567

100.00%

1,600,000,024

100.00%

Min

Max

Count

% of Total

Balance

% of Total

Min

Max

Count

% of Total

Balance

% of Total

5.25%

7.50%

747

10.11%

202,260,643

13.01%

5.25%

7.55%

755

9.98%

204,372,371

12.77%

7.50%

7.77%

368

4.98%

89,818,038

5.78%

7.55%

7.81%

464

6.13%

116,967,731

7.31%

7.77%

8.03%

585

7.91%

148,216,514

9.53%

7.81%

8.08%

583

7.70%

143,672,474

8.98%

8.03%

8.30%

448

6.06%

103,510,341

6.66%

8.08%

8.34%

481

6.36%

112,420,403

7.03%

8.30%

8.56%

704

9.52%

167,718,999

10.79%

8.34%

8.61%

729

9.63%

171,076,527

10.69%

8.56%

8.90%

947

12.81%

198,240,674

12.75%

8.61%

8.90%

859

11.35%

180,589,206

11.29%

8.90%

9.19%

584

7.90%

121,423,438

7.81%

8.90%

9.19%

596

7.88%

123,920,430

7.75%

9.19%

9.48%

678

9.17%

130,608,082

8.40%

9.19%

9.48%

688

9.09%

133,174,039

8.32%

9.48%

9.78%

732

9.90%

135,243,195

8.70%

9.48%

9.78%

753

9.95%

140,195,625

8.76%

9.78%

10.08%

570

7.71%

100,396,040

6.46%

9.78%

10.08%

581

7.68%

103,570,109

6.47%

10.08%

10.39%

284

3.84%

48,373,970

3.11%

10.08%

10.39%

295

3.90%

50,912,031

3.18%

10.39%

13.41%

745

10.08%

108,736,498

6.99%

10.39%

13.41%

783

10.35%

119,129,079

7.45%

7,392

100.00%

1,554,546,430

100.00%

7,567

100.00%

1,600,000,024

100.00%

Total (All Loans)

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-Oct-07

Mortgage Loan Characteristics Part I

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 37 of 52

23-Oct-2007 01:22

5,583

1,289,643,431

82.96%

355.46

8.69%

5,731

1,330,493,346

83.16%

360.00

8.71%

1,809

264,902,999

17.04%

351.37

8.99%

1,836

269,506,678

16.84%

356.04

9.00%

7,392

1,554,546,430

100.00%

7,567

1,600,000,024

100.00%

5,575

1,102,839,087

70.94%

354.71

8.77%

5,709

1,134,639,062

70.91%

359.27

8.78%

1,089

282,268,693

18.16%

354.94

8.70%

1,107

288,321,644

18.02%

359.48

8.71%

368

96,482,292

6.21%

355.40

8.56%

380

101,555,177

6.35%

360.00

8.61%

326

62,366,213

4.01%

353.97

8.80%

337

64,882,337

4.06%

358.68

8.81%

10,590,145

0.68%

355.09

8.50%

10,601,804

0.66%

360.00

8.50%

7,392

1,554,546,430

100.00%

7,567

1,600,000,024

100.00%

Total

Multifamily

Condo - Low Facility

Condo - High Facility

Distribution by Property Types (Cut-off)

Property Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

SF Unattached Dwelling

PUD

Total

Condo - High Facility

SF Unattached Dwelling

PUD

Multifamily

Condo - Low Facility

Distribution by Property Types (Current)

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

Fixed 1st Lien

Distribution by Product Characteristics (Current)

Product Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Adjustable

Total (All Loans)

Distribution Date: 25-Oct-07

Mortgage Loan Characteristics Part II

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 38 of 52

23-Oct-2007 01:22

Distribution Date: 25-Oct-07

Mortgage Loan Characteristics Part II

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

6,929

1,480,101,080

95.21%

354.83

8.75%

7,085

1,522,219,612

95.14%

359.40

8.77%

421

64,811,540

4.17%

353.96

8.44%

440

68,131,016

4.26%

358.55

8.43%

9,633,810

0.62%

349.87

8.81%

9,649,396

0.60%

354.70

8.81%

7,392

1,554,546,430

100.00%

7,567

1,600,000,024

100.00%

3,610

754,295,021

48.52%

355.27

8.89%

3,701

775,086,368

48.44%

359.81

8.91%

3,177

684,450,238

44.03%

354.37

8.62%

3,247

704,226,421

44.01%

358.94

8.63%

605

115,801,171

7.45%

353.83

8.49%

619

120,687,236

7.54%

358.57

8.51%

7,392

1,554,546,430

100.00%

7,567

1,600,000,024

100.00%

Distribution by Loan Purpose (Current)

Loan Purpose

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Distribution by Loan Purpose (Cut-off)

Loan Purpose

Total

Distribution by Occupancy Type (Cut-off)

Occupancy Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Total

Distribution by Occupancy Type (Current)

Total (All Loans)

Total

Refinance/Equity Takeout

Refinance/No Cash Out

Purchase

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Non-Owner Occupied

Owner Occupied - Secondary Residence

Owner Occupied - Primary Residence

Occupancy Type

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Page 39 of 52

23-Oct-2007 01:22

Distribution Date: 25-Oct-07

Mortgage Loan Characteristics Part II

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

7,392

1,554,546,430

100.00%

354.77

8.74%

7,567

1,600,000,024

100.00%

359.33

8.76%

WAC

# of

Loans

Ending Balance

% of

Balance

WAMM

Total (All Loans)

First Franklin Financial Corp

Originator

# of

Loans

Ending Balance

% of

Balance

WAMM

WAC

Originator

Distribution by Originator Concentration > 10% (Current)

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

Page 40 of 52

23-Oct-2007 01:22

WAMM

WAC

California

694

278,720,671

17.93%

355

8.09%

Florida

761

170,179,707

10.95%

355

8.59%

Illinois

488

103,934,696

6.69%

355

9.05%

New York

355

98,802,874

6.36%

354

8.74%

Washington

302

77,457,415

4.98%

355

8.48%

Texas

544

77,125,640

4.96%

351

9.06%

Utah

266

54,329,224

3.49%

355

8.52%

Maryland

153

47,471,873

3.05%

355

8.88%

Arizona

226

45,833,556

2.95%

355

8.58%

Georgia

254

45,512,099

2.93%

355

9.35%

Remaining

3,349

555,178,675

35.71%

355

9.02%

WAMM

WAC

California

714

287,107,104

17.94%

360

8.11%

Florida

771

172,430,042

10.78%

359

8.59%

Illinois

506

109,544,900

6.85%

360

9.07%

New York

362

102,169,189

6.39%

359

8.79%

Washington

307

78,942,151

4.93%

360

8.48%

Texas

548

77,992,426

4.87%

356

9.06%

Utah

267

54,493,242

3.41%

360

8.52%

Maryland

155

48,077,380

3.00%

360

8.89%

New Jersey

164

48,068,458

3.00%

359

8.94%

Arizona

231

47,657,534

2.98%

359

8.64%

Remaining

3,542

573,517,598

35.84%

359

9.07%

(1)

Based on Current Period Ending Principal Balance

Top 10 Original State Concentration

Geographic
Distribution

# of

Loans

Balance

(1)

% of

Balance

Total (All Loans)

Top 10 Current State Concentration

Geographic
Distribution

# of

Loans

Balance

(1)

% of

Balance

Distribution Date: 25-Oct-07

Geographic Concentration

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Top 10 Current State Concentration

California

New York

Illinois

Florida

Georgia

Arizona

Maryland

Utah

Texas

Washington

Remaining

Page 41 of 52

23-Oct-2007 01:22

Total (All Loans)

Current Total

0.00

Cumulative

0.00

B
C
F
L
O

Paid in Full
REO
Short Sale
Third Party
Settled

P
R
S
T
X

1
2
3

Liq. Type Code - Legend
BK Discharged
Charge-off
Foreclosure
Retain Lien
Loan Sale

Occ Type Code - Legend
Primary
Secondary
Investment

0.00

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-Oct-07

Current Period Realized Loss Detail

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 42 of 52

23-Oct-2007 01:22

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-Oct-07

0.00

25-Sep-07

0.00

27-Aug-07

0.00

25-Jul-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-Oct-07

Historical Realized Loss Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 43 of 52

23-Oct-2007 01:22

Distribution Date: 25-Oct-07

Historical Realized Loss Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

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-Oct-07

0.00

25-Sep-07

0.00

27-Aug-07

0.00

25-Jul-07

0.00

Total

0.00

Group 1

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

Page 44 of 52

23-Oct-2007 01:22

Distribution Date: 25-Oct-07

Historical Realized Loss Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

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-Oct-07

0.00

25-Sep-07

0.00

27-Aug-07

0.00

25-Jul-07

0.00

Total

0.00

Group 2

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

Page 45 of 52

23-Oct-2007 01:22

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)

Total (All Loans)

Distribution Date: 25-Oct-07

Realized Loss Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

0.00%

0.86%

1.71%

2.57%

3.43%

4.29%

5.14%

6.00%

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

Jun-07

Jul-07

Aug-07

Sep-07

Oct-07

0.00%

7.14%

14.29%

21.43%

28.57%

35.71%

42.86%

50.00%

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

Jun-07

Jul-07

Aug-07

Sep-07

Oct-07

286%

571%

857%

1143%

1429%

1714%

2000%

Nov-06

Dec-06

Jan-07

Feb-07

Mar-07

Apr-07

May-07

Jun-07

Jul-07

Aug-07

Sep-07

Oct-07

Page 46 of 52

23-Oct-2007 01:22

Group

4001154989

Group 2 ARM

1,278,599.10

0.00

1,278,599.10

7.30%

7,778.14

6,392.99

1,385.15

4001404491

Group 1 ARM

309,871.67

159.05

0.00

309,712.62

8.60%

2,379.80

2,220.75

1,549.36

671.39

4001423934

Group 1 ARM

303,676.51

81.89

0.00

303,594.62

9.20%

2,410.08

2,328.19

1,518.39

809.80

Total

1,892,147.28

240.94

0.00

1,891,906.34

12,568.02

12,327.08

9,460.74

2,866.34

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-Oct-07

Servicemembers Civil Relief Act

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 47 of 52

23-Oct-2007 01:22

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-Oct-07

Material Breaches Detail

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 48 of 52

23-Oct-2007 01:22

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.

Total (All Loans)

Disclosure

Control #

Loan Group #

Modified Maturity

Date

Cutoff Maturity

Date

Modification Description

Distribution Date: 25-Oct-07

Modified Loan Detail

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 49 of 52

23-Oct-2007 01:22

Disclosure

Control #

Beginning Principal Balance

Description

Distribution Date: 25-Oct-07

Collateral Asset Changes

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 50 of 52

23-Oct-2007 01:22

Substitution Code

- - - Loans Substituted Into Pool - - -

- - - - - - - - - - Loans Substituted Out of Pool - - - - - - - - - -

Investor #

Period

Beginning Principal Balance

Investor #

Period

Beginning Principal

Balance

Adjusted for Principal

Distribution Date: 25-Oct-07

Substitution Detail History

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 51 of 52

23-Oct-2007 01:22

- - - Loans Substituted Into Pool - - -

- - - Loans Substituted Out of Pool - - -

Period

Count

Beginning Principal Balance

Count

Beginning Principal Balance

Adjusted for Principal

Difference Into vs.

Out

Distribution Date: 25-Oct-07

Substitution Detail History Summary

First Franklin Mortgage Loan Trust

Mortgage Loan Asset-Backed Certificates

Series 2007-4

Page 52 of 52

23-Oct-2007 01:22

Merrill Lynch First Franklin Mortgage Loan Trust, Series 2007-4 10-D