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As Of Filer Filing For·On·As Docs:Size Issuer Agent 1/09/08 Merrill Lynch First Frank… 2007-5 10-D 12/26/07 3:1.3M Lasalle Bank NA/FA |
Document/Exhibit Description Pages Size
1: 10-D Merrill Lynch First Franklin 2007-5 Form 10-D HTML 19K
December 2007
2: EX-99.1 Merrill Lynch First Franklin 2007-5 Monthly HTML 603K
Investor Report - December 2007
3: EX-99.1 Merrill Lynch First Franklin 2007-5 Monthly PDF 401K
Investor Report - December 2007 --
ffmer075_200712ex991
| Unassociated Document |
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Outside Parties To The Transaction
Contact Information:
Payment Date:
26-Dec-07
Prior Payment:
26-Nov-07
Analyst:
Aron Kassa
714.259.6214
Next Payment:
25-Jan-08
Record Date:
30-Nov-07
Administrator:
Kenneth Lo
312.992.0668
Distribution Count:
3
LaSalle Website:
Closing Date:
10-Oct-07
First Pay. Date:
25-Oct-07
Rated Final Payment Date:
26-Oct-37
Determination Date:
17-Dec-07
Delinq Method:
OTS
ABN AMRO Acct : 725059.1
Depositor: Merrill Lynch Mortgage Investors, Inc.
Underwriter: Merrill Lynch, Pierce, Fenner & Smith Inc
Rating Agency: Moody's Investors Service, Inc./Standard & Poor's
Rating Services Distribution Date: 26-Dec-07
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
24-Dec-2007 11:54
(c) 2007 LaSalle Bank N.A.
|
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Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Content:
Pages
Statement to Certificate Holders
3
Statement to Certificate Holders (Factors)
4
Pool/Non-Pool Funds Cash Reconciliation
5
Cash Reconciliation Summary
6-7
Pool Detail and Performance Indicators
8-10
Bond Interest Reconciliation Part I
11
Bond Interest Reconciliation Part II
12
Bond Principal Reconciliation
13
Rating Information
14
15 Month Loan Status Summary Part I
15-21
15 Month Loan Status Summary Part II
22-28
Current Distribution Loan Status Summary
29-33
15 Month Historical Payoff Summary
34-36
Prepayment Premium Loan Detail
37
Prepayment Summary
38
Historical Collateral Level REO Report
39-41
Mortgage Loan Characteristics Part I
42
Mortgage Loan Characteristics Part II
43-45
Geographic Concentration
46
Current Period Realized Loss Detail
47
Historical Realized Loss Summary
48-50
Realized Loss Summary
51
Servicemembers Civil Relief Act
52
Material Breaches Detail
53
Modified Loan Detail (Historical)
54
Collateral Asset Changes
55
Substitution Detail History
56
Substitution Detail History Summary
57
24-Dec-2007 11:54
(c) 2007 LaSalle Bank N.A.
|
|
1-A
241,175,000.00
238,512,972.72
14,909,557.48
0.00
0.00
223,603,415.24
1,119,645.49
0.00
5.6331300000%
2-A1
137,625,000.00
131,002,924.60
19,421,150.76
0.00
0.00
111,581,773.84
598,588.39
0.00
5.4831300000%
2-A2
153,232,000.00
153,232,000.00
0.00
0.00
0.00
153,232,000.00
738,467.15
0.00
5.7831300000%
2-A3
39,893,000.00
39,892,999.99
0.00
0.00
0.00
39,892,999.99
200,566.38
0.00
6.0331300000%
M-1
33,806,000.00
33,806,000.00
0.00
0.00
0.00
33,806,000.00
191,092.08
0.00
6.7831300000%
M-2
29,829,000.00
29,829,000.00
0.00
0.00
0.00
29,829,000.00
181,040.40
0.00
7.2831300000%
M-3
17,898,000.00
17,898,000.00
0.00
0.00
0.00
17,898,000.00
116,085.38
0.00
7.7831300000%
M-4
16,704,000.00
16,704,000.00
0.00
0.00
0.00
16,704,000.00
101,381.17
0.00
7.2831300000%
M-5
15,909,000.00
15,909,000.00
0.00
0.00
0.00
15,909,000.00
96,556.10
0.00
7.2831300000%
M-6
15,511,000.00
15,511,000.00
0.00
0.00
0.00
15,511,000.00
94,140.53
0.01
7.2831300000%
B-1
15,114,000.00
15,114,000.00
0.00
0.00
0.00
15,114,000.00
91,731.02
0.00
7.2831300000%
B-2
13,522,000.00
13,522,000.00
0.00
0.00
0.00
13,522,000.00
82,068.74
0.00
7.2831300000%
B-3
9,147,000.00
9,147,000.00
0.00
0.00
0.00
9,147,000.00
55,515.66
0.00
7.2831300000%
C
795,445,095.67 N
786,159,776.55
0.00
0.00
0.00
751,829,068.31
1,645,872.87
1,645,872.87
N/A
P
0.00
0.00
0.00
0.00
0.00
0.00
18,365.12
18,365.12
N/A
R
100.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
N/A
Total
739,365,100.00
730,080,897.31
34,330,708.24
0.00
0.00
695,750,189.07
5,331,116.48
1,664,238.00
Total P&I Payment
39,661,824.72
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: 26-Dec-07
Bond Payment
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 3 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
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1-A
241,175,000.00
988.962258609
61.820493335
0.000000000
0.000000000
927.141765274
4.642460827
0.000000000
N/A
2-A1
137,625,000.00
951.883194187
141.116445123
0.000000000
0.000000000
810.766749064
4.349416094
0.000000000
N/A
2-A2
153,232,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
4.819275021
0.000000000
N/A
2-A3
39,893,000.00
999.999999749
0.000000000
0.000000000
0.000000000
999.999999749
5.027608352
0.000000000
N/A
M-1
33,806,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
5.652608413
0.000000000
N/A
M-2
29,829,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
6.069274867
0.000000000
N/A
M-3
17,898,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
6.485941446
0.000000000
N/A
M-4
16,704,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
6.069275024
0.000000000
N/A
M-5
15,909,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
6.069275253
0.000000000
N/A
M-6
15,511,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
6.069275353
0.000000645
N/A
B-1
15,114,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
6.069274845
0.000000000
N/A
B-2
13,522,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
6.069275255
0.000000000
N/A
B-3
9,147,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
6.069275172
0.000000000
N/A
C
795,445,095.67 N
988.326888719
0.000000000
0.000000000
0.000000000
945.167771355
2.069121903
2.069121903
N/A
P
0.00
0.000000000
0.000000000
0.000000000
0.000000000
0.000000000
0.000000000
0.000000000
N/A
R
100.00
0.000000000
0.000000000
0.000000000
0.000000000
0.000000000
0.000000000
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: 26-Dec-07
Statement to Certificate Holders (FACTORS)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 4 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
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Interest Summary
Principal Summary
Supplemental Interest Trust
Interest Summary
Principal Summary
Net Swap Payments received
0.00
Scheduled Interest
5,640,318.18
Scheduled Prin Distribution
203,324.84
Net Swap Payments paid
0.00
Fees
327,566.83
Curtailments
44,774.64
Remittance Interest
5,312,751.35
Prepayments in Full
5,138,747.08
Swap Termination Payments received
0.00
Other Interest Proceeds/Shortfalls
Liquidation Proceeds
0.00
Swap Termination Payments paid
0.00
Prepayment Penalties
18,365.12
Repurchase Proceeds
28,943,861.68
Other Interest Loss
0.00
Other Principal Proceeds
0.00
Defaulted Swap Termination Payments
0.00
Other Interest Proceeds
0.00
Remittance Principal
34,330,708.24
Non-advancing Interest
0.00
Non-Supported Interest Shortfall
0.00
Cap Contract Payment
0.00
Relief Act Shortfall
0.00
Modification Shortfall
0.00
Corridor Contracts
Other Interest Proceeds/Shortfalls
18,365.12
Interest Adjusted
5,331,116.47
Class 1-A Certificates
0.00
Fee Summary
Class 2-A Certificates
0.00
Total Servicing Fees
327,566.83
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
327,566.83
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
39,661,824.71
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: 26-Dec-07
Cash Reconciliation Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 5 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
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Group 1 Fixed
Group 1 ARM
Total
Interest Summary
Scheduled Interest
495,076.34
1,914,639.04
2,409,715.38
Fees
27,623.21
111,030.83
138,654.04
Remittance Interest
467,453.13
1,803,608.21
2,271,061.34
Other Interest Proceeds/Shortfalls
Prepayment Penalties
0.00
8,830.84
8,830.84
Other Interest Loss
0.00
0.00
0.00
Other Interest Proceeds
0.00
0.00
0.00
Non-advancing Interest
0.00
0.00
0.00
Net PPIS/Relief Act Shortfall
0.00
0.00
0.00
Modification Shortfall
0.00
0.00
0.00
Other Interest Proceeds/Shortfalls
0.00
8,830.84
8,830.84
Interest Adjusted
467,453.13
1,812,439.05
2,279,892.18
Principal Summary
Scheduled Principal Distribution
22,901.13
67,129.92
90,031.05
Curtailments
6,051.84
10,208.37
16,260.21
Prepayments in Full
821,368.66
2,320,148.87
3,141,517.53
Liquidation Proceeds
0.00
0.00
0.00
Repurchase Proceeds
2,393,355.64
9,268,393.05
11,661,748.69
Other Principal Proceeds
0.00
0.00
0.00
Less Mod Losses
0.00
0.00
0.00
Remittance Principal
3,243,677.27
11,665,880.21
14,909,557.48
Fee Summary
Total Servicing Fees
27,623.21
111,030.83
138,654.04
Total Trustee Fees
0.00
0.00
0.00
LPMI Fees
0.00
0.00
0.00
Misc. Fees
0.00
0.00
0.00
Total Fees
27,623.21
111,030.83
138,654.04
Beginning Principal Balance
66,295,401.94
266,474,099.90
332,769,501.84
Ending Principal Balance
63,051,724.67
254,808,219.69
317,859,944.36
Distribution Date: 26-Dec-07
Cash Reconciliation Summary Group 1
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 6 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
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Distribution Date: 26-Dec-07
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Group 2 Fixed
Group 2 ARM
Total
Interest Summary
Scheduled Interest
652,841.87
2,577,760.93
3,230,602.80
Fees
37,414.54
151,498.25
188,912.79
Remittance Interest
615,427.33
2,426,262.68
3,041,690.01
Other Interest Proceeds/Shortfalls
Prepayment Penalties
633.00
8,901.28
9,534.28
Other Interest Loss
0.00
0.00
0.00
Other Interest Proceeds
0.00
0.00
0.00
Non-advancing Interest
0.00
0.00
0.00
Net PPIS/Relief Act Shortfall
0.00
0.00
0.00
Modification Shortfall
0.00
0.00
0.00
Other Interest Proceeds/Shortfalls
633.00
8,901.28
9,534.28
Interest Adjusted
616,060.33
2,435,163.96
3,051,224.29
Principal Summary
Scheduled Principal Distribution
36,497.89
76,795.90
113,293.79
Curtailments
8,531.27
19,983.16
28,514.43
Prepayments in Full
132,733.38
1,864,496.17
1,997,229.55
Liquidation Proceeds
0.00
0.00
0.00
Repurchase Proceeds
2,786,313.75
14,495,799.24
17,282,112.99
Other Principal Proceeds
0.00
0.00
0.00
Less Mod Losses
0.00
0.00
0.00
Remittance Principal
2,964,076.29
16,457,074.47
19,421,150.76
Fee Summary
Total Servicing Fees
37,414.54
151,498.25
188,912.79
Total Trustee Fees
0.00
0.00
0.00
LPMI Fees
0.00
0.00
0.00
Misc. Fees
0.00
0.00
0.00
Total Fees
37,414.54
151,498.25
188,912.79
Beginning Principal Balance
89,794,595.66
363,595,679.05
453,390,274.71
Ending Principal Balance
86,830,519.37
347,138,604.58
433,969,123.95
Cash Reconciliation Summary Group 2
Page 7 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
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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
795,445,095.67
3,126
3 mo. Rolling Average
257,257
776,767,714
0.03%
WAC - Remit Current
8.33%
8.06%
8.11%
Cum Scheduled Principal
625,022.36
6 mo. Rolling Average
257,257
776,767,714
0.03%
WAC - Remit Original
8.34%
8.07%
8.12%
Cum Unscheduled Principal
42,991,005.00
12 mo. Rolling Average
257,257
776,767,714
0.03%
WAC - Current
8.83%
8.56%
8.61%
Cum Liquidations
0.00
Loss Levels
Amount
Count
WAC - Original
8.84%
8.57%
8.62%
Cum Repurchases
29,442,887.15
3 mo. Cum Loss
0.00
0
WAL - Current
351.17
355.30
354.48
6 mo. Cum loss
0.00
0
WAL - Original
353.41
357.30
356.53
Current
Amount
Count
%
12 mo. Cum Loss
0.00
0
Beginning Pool
786,159,776.55
3,095
98.83%
Current Index Rate
Scheduled Principal
203,324.84
0.03%
Triggers
Next Index Rate
Unscheduled Principal
5,183,521.72
23
0.65%
Liquidations
0.00
0
0.00%
> Delinquency Trigger Event
(2)
NO
Prepayment Charges
Repurchases
28,943,861.68
114
3.64%
Delinquency Event Calc
(1)
257,257.20
776,767,714
0.03%
Amount
Count
Ending Pool
751,829,068.31
2,958
94.52%
Current
7
> Loss Trigger Event?
(3)
NO
Cumulative
9
Ending Actual Balance
752,009,033.72
Cumulative Loss
0
0.00%
Average Loan Balance
254,168.04
> Overall Trigger Event?
NO
Pool Composition
Current Loss Detail
Amount
Step Down Date
Liquidation
0.00
Distribution Count
3
Properties
%/Score
Realized Loss
0.00
Required Percentage
(4)
29.73%
Realized Loss Adjustment
0.00
Step Down %
(5)
43.90%
Cash Out/Refinance
77.44%
Net Liquidation
0.00
% of Required Percentage
(6)
33.50%
SFR
70.58%
Credit Enhancement
Amount
%
> Step Down Date?
NO
Min
Max
W A
Original OC
56,079,995.67
7.05%
Extra Principal
0.00
FICO
544
740
635.71
Target OC
56,078,879.24
7.05%
Cumulative Extra Principal
0.00
Beginning OC
56,078,879.24
OC Release
0.00
Ending OC
56,078,879.24
Most Senior Certificates
562,640,897.31
89.92%
Legend: (1) 60 Days+, REO, BK, F/C % (3) Condn: If Step Down Date = Yes and Cum Loss > specified thresholds, then TRUE (5) Defined Benchmark
(2) If Step Down Date = Yes and (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. 609,186,771.12
555,202,915.55
Owner Occupied
707,353,095.91
18,365.12
24,126.38
Balance
Misc/Additional Information
Pool Level Information
4.783130%
4.865000%
Distribution Date: 26-Dec-07
Pool Detail and Performance Indicators Total (All Loans)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 8 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
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
335,431,683.12
1,697
3 mo. Rolling Average
257,257
328,636,568
0.08%
WAC - Remit Current
8.46%
8.12%
8.19%
Cum Scheduled Principal
277,195.03
6 mo. Rolling Average
257,257
328,636,568
0.08%
WAC - Remit Original
8.46%
8.13%
8.20%
Cum Unscheduled Principal
17,294,543.73
12 mo. Rolling Average
257,257
328,636,568
0.08%
WAC - Current
8.96%
8.62%
8.69%
Cum Liquidations
0.00
Loss Levels
Amount
Count
WAC - Original
8.96%
8.63%
8.70%
Cum Repurchases
11,782,665.80
3 mo. Cum Loss
0.00
0
WAL - Current
351.30
355.10
354.35
6 mo. Cum loss
0.00
0
WAL - Original
353.54
357.11
356.40
Current
Amount
Count
%
12 mo. Cum Loss
0.00
0
Beginning Pool
332,769,501.84
1,684
99.21%
Scheduled Principal
90,031.05
0.03%
Unscheduled Principal
3,157,777.74
15
0.94%
Liquidations
0.00
0
0.00%
Prepayment Charges
Repurchases
11,661,748.69
56
3.48%
Amount
Count
Ending Pool
317,859,944.36
1,613
94.76%
Current
4
Cumulative
4
Ending Actual Balance
317,942,249.90
Average Loan Balance
197,061.34
Pool Composition
Current Loss Detail
Amount
Liquidation
0.00
Properties
%/Score
Realized Loss
0.00
Realized Loss Adjustment
0.00
Cash Out/Refinance
86.94%
Net Liquidation
0.00
SFR
72.14%
Min
Max
W A
FICO
544
740
615.54
Pool Detail and Performance Indicators Group 1
Legend: (1) 60 Days+, REO, BK, F/C % (3) Condn: If Step Down Date = Yes and Cum Loss > specified thresholds, then TRUE (5) Defined Benchmark
(2) If Step Down Date = Yes and (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. 289,494,994.89
240,206,843.33
Owner Occupied
309,321,280.92
92.90%
8,830.84
8,830.84
Balance
Misc/Additional Information
Pool Level Information
Page 9 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
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
460,013,412.55
1,429
3 mo. Rolling Average
0
448,131,146
0.00%
WAC - Remit Current
8.22%
8.01%
8.05%
Cum Scheduled Principal
347,827.33
6 mo. Rolling Average
0
448,131,146
0.00%
WAC - Remit Original
8.25%
8.03%
8.07%
Cum Unscheduled Principal
25,696,461.27
12 mo. Rolling Average
0
448,131,146
0.00%
WAC - Current
8.72%
8.51%
8.55%
Cum Liquidations
0.00
Loss Levels
Amount
Count
WAC - Original
8.75%
8.53%
8.57%
Cum Repurchases
17,660,221.35
3 mo. Cum Loss
0.00
0
WAL - Current
351.07
355.45
354.58
6 mo. Cum loss
0.00
0
WAL - Original
353.31
357.44
356.63
Current
Amount
Count
%
12 mo. Cum Loss
0.00
0
Beginning Pool
453,390,274.71
1,411
98.56%
Scheduled Principal
113,293.79
0.02%
Unscheduled Principal
2,025,743.98
8
0.44%
Liquidations
0.00
0
0.00%
Prepayment Charges
Repurchases
17,282,112.99
58
3.76%
Amount
Count
Ending Pool
433,969,123.95
1,345
94.34%
Current
3
Cumulative
5
Ending Actual Balance
434,066,783.82
Average Loan Balance
322,653.62
Pool Composition
Current Loss Detail
Amount
Liquidation
0.00
Properties
%/Score
Realized Loss
0.00
Realized Loss Adjustment
0.00
Cash Out/Refinance
70.47%
Net Liquidation
0.00
SFR
69.43%
Min
Max
W A
FICO
563
713
654.10
Pool Detail and Performance Indicators Group 2
Legend: (1) 60 Days+, REO, BK, F/C % (3) Condn: If Step Down Date = Yes and Cum Loss > specified thresholds, then TRUE (5) Defined Benchmark
(2) If Step Down Date = Yes and (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. 319,691,776.23
314,996,072.22
Owner Occupied
398,031,814.99
87.73%
9,534.28
15,295.54
Balance
Misc/Additional Information
Pool Level Information
Page 10 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
1-A
Act/360
30
238,512,972.72
5.633130000%
1,119,645.49
0.00
0.00
1,119,645.49
1,119,645.49
0.00
0.00
0.00
0.00
No
2-A1
Act/360
30
131,002,924.60
5.483130000%
598,588.39
0.00
0.00
598,588.39
598,588.39
0.00
0.00
0.00
0.00
No
2-A2
Act/360
30
153,232,000.00
5.783130000%
738,467.15
0.00
0.00
738,467.15
738,467.15
0.00
0.00
0.00
0.00
No
2-A3
Act/360
30
39,892,999.99
6.033130000%
200,566.38
0.00
0.00
200,566.38
200,566.38
0.00
0.00
0.00
0.00
No
M-1
Act/360
30
33,806,000.00
6.783130000%
191,092.08
0.00
0.00
191,092.08
191,092.08
0.00
0.00
0.00
0.00
No
M-2
Act/360
30
29,829,000.00
7.283130000%
181,040.40
0.00
0.00
181,040.40
181,040.40
0.00
0.00
0.00
0.00
No
M-3
Act/360
30
17,898,000.00
7.783130000%
116,085.38
0.00
0.00
116,085.38
116,085.38
0.00
0.00
0.00
0.00
No
M-4
Act/360
30
16,704,000.00
7.283130000%
101,381.17
0.00
0.00
101,381.17
101,381.17
0.00
0.00
0.00
0.00
No
M-5
Act/360
30
15,909,000.00
7.283130000%
96,556.10
0.00
0.00
96,556.10
96,556.10
0.00
0.00
0.00
0.00
No
M-6
Act/360
30
15,511,000.00
7.283130000%
94,140.52
0.00
0.00
94,140.52
94,140.53
0.00
0.00
0.00
0.00
No
B-1
Act/360
30
15,114,000.00
7.283130000%
91,731.02
0.00
0.00
91,731.02
91,731.02
0.00
0.00
0.00
0.00
No
B-2
Act/360
30
13,522,000.00
7.283130000%
82,068.74
0.00
0.00
82,068.74
82,068.74
0.00
0.00
0.00
0.00
No
B-3
Act/360
30
9,147,000.00
7.283130000%
55,515.66
0.00
0.00
55,515.66
55,515.66
0.00
0.00
0.00
0.00
No
C
786,159,776.55
N/A
0.00
1,645,872.87
0.00
0.00
1,645,872.87
0.00
0.00
0.00
0.00
N/A
P
0.00
N/A
0.00
18,365.12
0.00
0.00
18,365.12
0.00
0.00
0.00
0.00
N/A
R
Act/360
30
0.00
5.633130000%
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
N/A
Total
730,080,897.31
3,666,878.48
1,664,237.99
0.00
3,666,878.48
5,331,116.48
0.00
0.00
0.00
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: 26-Dec-07
Bond Interest Reconciliation
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 11 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
1-A
30-Nov-07
26-Nov-07
26-Dec-07
1,119,645.49
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2-A1
30-Nov-07
26-Nov-07
26-Dec-07
598,588.39
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2-A2
30-Nov-07
26-Nov-07
26-Dec-07
738,467.15
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2-A3
30-Nov-07
26-Nov-07
26-Dec-07
200,566.38
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
M-1
30-Nov-07
26-Nov-07
26-Dec-07
191,092.08
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
M-2
30-Nov-07
26-Nov-07
26-Dec-07
181,040.40
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
M-3
30-Nov-07
26-Nov-07
26-Dec-07
116,085.38
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
M-4
30-Nov-07
26-Nov-07
26-Dec-07
101,381.17
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
M-5
30-Nov-07
26-Nov-07
26-Dec-07
96,556.10
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
M-6
30-Nov-07
26-Nov-07
26-Dec-07
94,140.52
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
B-1
30-Nov-07
26-Nov-07
26-Dec-07
91,731.02
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
B-2
30-Nov-07
26-Nov-07
26-Dec-07
82,068.74
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
B-3
30-Nov-07
26-Nov-07
26-Dec-07
55,515.66
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
C
30-Nov-07
1-Nov-07
1-Dec-07
0.00
0.00
0.00
0.00
0.00
0.00
1,645,872.87
0.00
0.00
0.00
P
30-Nov-07
1-Nov-07
1-Dec-07
0.00
0.00
0.00
0.00
18,365.12
0.00
0.00
0.00
0.00
0.00
R
30-Nov-07
26-Nov-07
26-Dec-07
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total
3,666,878.48
0.00
0.00
0.00
18,365.12
0.00
1,645,872.87
0.00
0.00
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: 26-Dec-07
Bond Interest Reconciliation - Part II
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 12 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
1-A
241,175,000.00
238,512,972.72
90,031.05
14,819,526.43
0.00
0.00
0.00
0.00
0.00
223,603,415.24
26-Oct-37
N/A
N/A
2-A1
137,625,000.00
131,002,924.60
113,293.79
19,307,856.97
0.00
0.00
0.00
0.00
0.00
111,581,773.84
26-Oct-37
N/A
N/A
2-A2
153,232,000.00
153,232,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
153,232,000.00
26-Oct-37
N/A
N/A
2-A3
39,893,000.00
39,892,999.99
0.00
0.00
0.00
0.00
0.00
0.00
0.00
39,892,999.99
26-Oct-37
N/A
N/A
M-1
33,806,000.00
33,806,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
33,806,000.00
26-Oct-37
N/A
N/A
M-2
29,829,000.00
29,829,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
29,829,000.00
26-Oct-37
N/A
N/A
M-3
17,898,000.00
17,898,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
17,898,000.00
26-Oct-37
N/A
N/A
M-4
16,704,000.00
16,704,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
16,704,000.00
26-Oct-37
N/A
N/A
M-5
15,909,000.00
15,909,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
15,909,000.00
26-Oct-37
N/A
N/A
M-6
15,511,000.00
15,511,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
15,511,000.00
26-Oct-37
N/A
N/A
B-1
15,114,000.00
15,114,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
15,114,000.00
26-Oct-37
N/A
N/A
B-2
13,522,000.00
13,522,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
13,522,000.00
26-Oct-37
N/A
N/A
B-3
9,147,000.00
9,147,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
9,147,000.00
26-Oct-37
N/A
N/A
C
795,445,095.67
786,159,776.55
0.00
0.00
0.00
0.00
0.00
0.00
0.00
751,829,068.31
26-Oct-37
N/A
N/A
P
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
26-Oct-37
N/A
N/A
R
100.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
26-Oct-37
N/A
N/A
Total
739,365,100.00
730,080,897.31
203,324.84
34,127,383.40
0.00
0.00
0.00
0.00
0.00
695,750,189.07
Rated
Final
Maturity
Original
Current
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: 26-Dec-07
Bond Principal Reconciliation
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 13 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Class
CUSIP
Fitch
Moody's
DBRS
S&P
1-A
NR
Aaa
NR
AAA
2-A1
NR
Aaa
NR
AAA
2-A2
NR
Aaa
NR
AAA
2-A3
NR
Aaa
NR
AAA
M-1
NR
Aa1
NR
AA+
M-2
NR
Aa2
NR
AA
M-3
NR
Aa3
NR
AA-
M-4
NR
A1
NR
A+
M-5
NR
A2
NR
A
M-6
NR
A3
NR
A-
B-1
NR
Baa1
NR
BBB+
B-2
NR
Baa2
NR
BBB
B-3
NR
Baa3
NR
BBB-
C
NR
NR
NR
NR
P
NR
NR
NR
NR
R
NR
NR
NR
NR
AAA
15-Oct-07
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: 26-Dec-07
Ratings Information
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 14 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
26-Dec-07
2,953
750,288,743
3
1,154,469
0
0
0
0
2
385,856
0
0
0
0
26-Nov-07
3,093
785,773,861
0
0
0
0
0
0
2
385,916
0
0
0
0
25-Oct-07
3,118
792,314,299
0
0
0
0
0
0
0
0
0
0
0
0
26-Dec-07
99.83%
99.80%
0.10%
0.15%
0.00%
0.00%
0.00%
0.00%
0.07%
0.05%
0.00%
0.00%
0.00%
0.00%
26-Nov-07
99.94%
99.95%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.06%
0.05%
0.00%
0.00%
0.00%
0.00%
25-Oct-07
100.00%
100.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Total (All Loans)
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: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 15 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
26-Dec-07
1,610
317,114,070
1
360,019
0
0
0
0
2
385,856
0
0
0
0
26-Nov-07
1,682
332,383,586
0
0
0
0
0
0
2
385,916
0
0
0
0
25-Oct-07
1,696
335,280,258
0
0
0
0
0
0
0
0
0
0
0
0
26-Dec-07
99.81%
99.77%
0.06%
0.11%
0.00%
0.00%
0.00%
0.00%
0.12%
0.12%
0.00%
0.00%
0.00%
0.00%
26-Nov-07
99.88%
99.88%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.12%
0.12%
0.00%
0.00%
0.00%
0.00%
25-Oct-07
100.00%
100.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
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 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
26-Dec-07
370
62,863,028
0
0
0
0
0
0
1
188,697
0
0
0
0
26-Nov-07
386
66,106,654
0
0
0
0
0
0
1
188,748
0
0
0
0
25-Oct-07
388
66,576,425
0
0
0
0
0
0
0
0
0
0
0
0
26-Dec-07
99.73%
99.70%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.27%
0.30%
0.00%
0.00%
0.00%
0.00%
26-Nov-07
99.74%
99.72%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.26%
0.28%
0.00%
0.00%
0.00%
0.00%
25-Oct-07
100.00%
100.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.
REO
Group 1 Fixed
Group 1 Fixed
Distribution
Date
Current
Delinq 1 Month
Delinq 2 Months
Delinq 3+ Months
Bankruptcy
Foreclosure
Page 17 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
26-Dec-07
1,240
254,251,042
1
360,019
0
0
0
0
1
197,159
0
0
0
0
26-Nov-07
1,296
266,276,933
0
0
0
0
0
0
1
197,167
0
0
0
0
25-Oct-07
1,308
268,703,833
0
0
0
0
0
0
0
0
0
0
0
0
26-Dec-07
99.84%
99.78%
0.08%
0.14%
0.00%
0.00%
0.00%
0.00%
0.08%
0.08%
0.00%
0.00%
0.00%
0.00%
26-Nov-07
99.92%
99.93%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.08%
0.07%
0.00%
0.00%
0.00%
0.00%
25-Oct-07
100.00%
100.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Group 1 ARM
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 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
26-Dec-07
1,343
433,174,673
2
794,451
0
0
0
0
0
0
0
0
0
0
26-Nov-07
1,411
453,390,275
0
0
0
0
0
0
0
0
0
0
0
0
25-Oct-07
1,422
457,034,040
0
0
0
0
0
0
0
0
0
0
0
0
26-Dec-07
99.85%
99.82%
0.15%
0.18%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
26-Nov-07
100.00%
100.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
25-Oct-07
100.00%
100.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Group 2 - Total
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 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
26-Dec-07
410
86,755,582
1
74,937
0
0
0
0
0
0
0
0
0
0
26-Nov-07
430
89,794,596
0
0
0
0
0
0
0
0
0
0
0
0
25-Oct-07
430
89,841,742
0
0
0
0
0
0
0
0
0
0
0
0
26-Dec-07
99.76%
99.91%
0.24%
0.09%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
26-Nov-07
100.00%
100.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
25-Oct-07
100.00%
100.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Group 2 Fixed
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 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
26-Dec-07
933
346,419,091
1
719,513
0
0
0
0
0
0
0
0
0
0
26-Nov-07
981
363,595,679
0
0
0
0
0
0
0
0
0
0
0
0
25-Oct-07
992
367,192,298
0
0
0
0
0
0
0
0
0
0
0
0
26-Dec-07
99.89%
99.79%
0.11%
0.21%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
26-Nov-07
100.00%
100.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
25-Oct-07
100.00%
100.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Group 2 ARM
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 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
26-Dec-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
385,856
0
0
0
0
0
0
26-Nov-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
385,916
0
0
0
0
0
0
25-Oct-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26-Dec-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.07%
0.05%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
26-Nov-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.06%
0.05%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
25-Oct-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
61-90 Days
90 + Days
Total (All Loans)
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: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 22 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
26-Dec-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
385,856
0
0
0
0
0
0
26-Nov-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
385,916
0
0
0
0
0
0
25-Oct-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26-Dec-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.12%
0.12%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
26-Nov-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.12%
0.12%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
25-Oct-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
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 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
26-Dec-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
188,697
0
0
0
0
0
0
26-Nov-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
188,748
0
0
0
0
0
0
25-Oct-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26-Dec-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.27%
0.30%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
26-Nov-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.26%
0.28%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
25-Oct-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
90 + Days
Group 1 Fixed
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 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
26-Dec-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
197,159
0
0
0
0
0
0
26-Nov-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
197,167
0
0
0
0
0
0
25-Oct-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26-Dec-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.08%
0.08%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
26-Nov-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.08%
0.07%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
25-Oct-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
61-90 Days
90 + Days
Group 1 ARM
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 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
26-Dec-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26-Nov-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25-Oct-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26-Dec-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
26-Nov-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
25-Oct-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
90 + Days
Group 2 - Total
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 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
26-Dec-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26-Nov-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25-Oct-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26-Dec-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
26-Nov-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
25-Oct-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
61-90 Days
90 + Days
Group 2 Fixed
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 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
26-Dec-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26-Nov-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
25-Oct-07
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26-Dec-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
26-Nov-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
25-Oct-07
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
90 + Days
Group 2 ARM
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 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
Current
2,818
715,047,703.99
2
385,855.93
0
0.00
0
0.00
2,820
715,433,560
0
135
35,241,039.21
0
0.00
0
0.00
0
0.00
135
35,241,039
30
3
1,154,469.18
0
0.00
0
0.00
0
0.00
3
1,154,469
60
0
0.00
0
0.00
0
0.00
0
0.00
0
0
90
0
0.00
0
0.00
0
0.00
0
0.00
0
0
120
0
0.00
0
0.00
0
0.00
0
0.00
0
0
150
0
0.00
0
0.00
0
0.00
0
0.00
0
0
180+
0
0.00
0
0.00
0
0.00
0
0.00
0
0
Current
95.27%
95.11%
0.07%
0.05%
0.00%
0.00%
0.00%
0.00%
95.34%
95.16%
0
4.56%
4.69%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
4.56%
4.69%
30
0.10%
0.15%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.10%
0.15%
60
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
90
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
120
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
150
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
180+
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Total (All Loans)
REO
Total
Total (All Loans)
Delinquency
Category
Regular Loans
Bankruptcy
Foreclosure
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ Current Distribution Loan Status Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 29 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ Current Distribution Loan Status Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
Current
358
61,179,748.25
1
188,697.08
0
0.00
0
0.00
359
61,368,445
0
12
1,683,279.34
0
0.00
0
0.00
0
0.00
12
1,683,279
30
0
0.00
0
0.00
0
0.00
0
0.00
0
0
60
0
0.00
0
0.00
0
0.00
0
0.00
0
0
90
0
0.00
0
0.00
0
0.00
0
0.00
0
0
120
0
0.00
0
0.00
0
0.00
0
0.00
0
0
150
0
0.00
0
0.00
0
0.00
0
0.00
0
0
180+
0
0.00
0
0.00
0
0.00
0
0.00
0
0
Current
96.50%
97.03%
0.27%
0.30%
0.00%
0.00%
0.00%
0.00%
96.77%
97.33%
0
3.23%
2.67%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
3.23%
2.67%
30
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
60
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
90
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
120
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
150
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
180+
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Group 1 Fixed
Group 1 Fixed
Delinquency
Category
Regular Loans
Bankruptcy
Foreclosure
REO
Total
Page 30 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ Current Distribution Loan Status Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
Current
1,176
240,267,768.45
1
197,158.85
0
0.00
0
0.00
1,177
240,464,927
0
64
13,983,273.84
0
0.00
0
0.00
0
0.00
64
13,983,274
30
1
360,018.55
0
0.00
0
0.00
0
0.00
1
360,019
60
0
0.00
0
0.00
0
0.00
0
0.00
0
0
90
0
0.00
0
0.00
0
0.00
0
0.00
0
0
120
0
0.00
0
0.00
0
0.00
0
0.00
0
0
150
0
0.00
0
0.00
0
0.00
0
0.00
0
0
180+
0
0.00
0
0.00
0
0.00
0
0.00
0
0
Current
94.69%
94.29%
0.08%
0.08%
0.00%
0.00%
0.00%
0.00%
94.77%
94.37%
0
5.15%
5.49%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
5.15%
5.49%
30
0.08%
0.14%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.08%
0.14%
60
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
90
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
120
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
150
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
180+
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Group 1 ARM
REO
Total
Group 1 ARM
Delinquency
Category
Regular Loans
Bankruptcy
Foreclosure
Page 31 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ Current Distribution Loan Status Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
Current
391
83,411,534.61
0
0.00
0
0.00
0
0.00
391
83,411,535
0
19
3,344,047.30
0
0.00
0
0.00
0
0.00
19
3,344,047
30
1
74,937.46
0
0.00
0
0.00
0
0.00
1
74,937
60
0
0.00
0
0.00
0
0.00
0
0.00
0
0
90
0
0.00
0
0.00
0
0.00
0
0.00
0
0
120
0
0.00
0
0.00
0
0.00
0
0.00
0
0
150
0
0.00
0
0.00
0
0.00
0
0.00
0
0
180+
0
0.00
0
0.00
0
0.00
0
0.00
0
0
Current
95.13%
96.06%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
95.13%
96.06%
0
4.62%
3.85%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
4.62%
3.85%
30
0.24%
0.09%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.24%
0.09%
60
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
90
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
120
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
150
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
180+
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Group 2 Fixed
Group 2 Fixed
Delinquency
Category
Regular Loans
Bankruptcy
Foreclosure
REO
Total
Page 32 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ Current Distribution Loan Status Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
Current
893
330,188,652.68
0
0.00
0
0.00
0
0.00
893
330,188,653
0
40
16,230,438.73
0
0.00
0
0.00
0
0.00
40
16,230,439
30
1
719,513.17
0
0.00
0
0.00
0
0.00
1
719,513
60
0
0.00
0
0.00
0
0.00
0
0.00
0
0
90
0
0.00
0
0.00
0
0.00
0
0.00
0
0
120
0
0.00
0
0.00
0
0.00
0
0.00
0
0
150
0
0.00
0
0.00
0
0.00
0
0.00
0
0
180+
0
0.00
0
0.00
0
0.00
0
0.00
0
0
Current
95.61%
95.12%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
95.61%
95.12%
0
4.28%
4.68%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
4.28%
4.68%
30
0.11%
0.21%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.11%
0.21%
60
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
90
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
120
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
150
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
180+
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Group 2 ARM
REO
Total
Group 2 ARM
Delinquency
Category
Regular Loans
Bankruptcy
Foreclosure
Page 33 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Insurance
Substitution
Liquidation
Remaining Term
#
Balance
#
Balance
Proceeds
Proceeds
Proceeds
#
Amount
Life
Coupon
Remit
26-Dec-07
2,958
751,829,068
137
34,082,609
0.00
0.00
0.00
0
0
354
8.61%
8.11%
26-Nov-07
3,095
786,159,777
23
5,917,889
0.00
0.00
0.00
0
0
356
8.62%
8.12%
25-Oct-07
3,118
792,314,299
8
2,863,545
0.00
0.00
0.00
0
0
357
8.62%
8.12%
26-Dec-07
371
63,051,725
16
3,214,724
0.00
0.00
0.00
0
0
351
8.96%
8.46%
26-Nov-07
387
66,295,402
1
254,735
0.00
0.00
0.00
0
0
352
8.96%
8.46%
25-Oct-07
388
66,576,425
0
0
0.00
0.00
0.00
0
0
354
8.96%
8.46%
Curr Weighted Avg.
Total (All Loans)
Group 1 Fixed
Distribution
Date
Ending Pool
Payoffs
Realized Losses
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 34 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Insurance
Substitution
Liquidation
Remaining Term
#
Balance
#
Balance
Proceeds
Proceeds
Proceeds
#
Amount
Life
Coupon
Remit
26-Dec-07
1,242
254,808,220
55
11,588,542
0.00
0.00
0.00
0
0
355
8.62%
8.12%
26-Nov-07
1,297
266,474,100
11
2,153,121
0.00
0.00
0.00
0
0
356
8.63%
8.13%
25-Oct-07
1,308
268,703,833
1
48,683
0.00
0.00
0.00
0
0
357
8.63%
8.13%
26-Dec-07
411
86,830,519
19
2,919,047
0.00
0.00
0.00
0
0
351
8.72%
8.22%
26-Nov-07
430
89,794,596
0
0
0.00
0.00
0.00
0
0
352
8.72%
8.22%
25-Oct-07
430
89,841,742
2
965,737
0.00
0.00
0.00
0
0
353
8.75%
8.25%
Curr Weighted Avg.
Group 1 ARM
Group 2 Fixed
Distribution
Date
Ending Pool
Payoffs
Realized Losses
Page 35 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Insurance
Substitution
Liquidation
Remaining Term
#
Balance
#
Balance
Proceeds
Proceeds
Proceeds
#
Amount
Life
Coupon
Remit
26-Dec-07
934
347,138,605
47
16,360,295
0.00
0.00
0.00
0
0
355
8.51%
8.01%
26-Nov-07
981
363,595,679
11
3,510,034
0.00
0.00
0.00
0
0
356
8.52%
8.02%
25-Oct-07
992
367,192,298
5
1,849,126
0.00
0.00
0.00
0
0
357
8.53%
8.03%
Curr Weighted Avg.
Group 2 ARM
Distribution
Date
Ending Pool
Payoffs
Realized Losses
Page 36 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
4001483960
74,700.00
74,549.73
74,549.73
9.45%
2,817.98
4001484743
50,000.00
49,946.61
49,946.61
11.05%
2,207.64
4001425362
114,750.00
114,471.62
114,471.62
9.65%
2,290.56
4001399498
70,560.00
70,431.58
70,431.58
10.99%
1,409.15
4001466160
86,250.00
85,985.01
85,985.01
8.50%
2,923.49
4001434501
63,300.00
63,300.00
63,300.00
10.85%
633.00
4001450004
179,100.00
178,875.11
178,875.11
8.50%
6,083.30
Current Total
638,660.00
637,559.66
637,559.66
18,365.12
Cumulative Total
845,860.00
844,545.08
844,545.08
24,126.38
Current Gross Rate
Prepayment Premium
Disclosure Control #
Original Principal
Balance
Beginning Principal
Balance
Payoff Amount
Distribution Date: 26-Dec-07
Prepayment Premium Loan Detail for Current Period
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 37 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
SMM (Single Monthly Mortality)
Total
Current Period
4.34%
3-Month Average
1.82%
6-Month Average
1.82%
12-Month Average
1.82%
Average Since Cut-Off
1.82%
CPR (Conditional Prepayment Rate)
Total
Current Period
41.30%
3-Month Average
18.09%
6-Month Average
18.09%
12-Month Average
18.09%
Average Since Cut-Off
18.09%
PSA (Public Securities Association)
Total
Current Period
688%
3-Month Average
301%
6-Month Average
301%
12-Month Average
301%
Average Since Cut-Off
301%
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: 26-Dec-07
Prepayment Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
0.00%
2.43%
4.86%
7.29%
9.71%
12.14%
14.57%
17.00%
Jan-07
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
Aug-07
Sep-07
Oct-07
Nov-07
Dec-07
0.00%
14.29%
28.57%
42.86%
57.14%
71.43%
85.71%
100.00%
Jan-07
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
Aug-07
Sep-07
Oct-07
Nov-07
Dec-07
0%
229%
457%
686%
914%
1143%
1371%
1600%
Jan-07
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
Aug-07
Sep-07
Oct-07
Nov-07
Dec-07
Page 38 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
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|
Total
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Realized Loss
No Historical REO Reported
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: 26-Dec-07
Historical Collateral Level REO Report
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 39 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Historical Collateral Level REO Report
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Total
0.00
0.00
0.00
0.00
0.00
0.00
0.00
No Historical REO Reported
Appraisal
Reduction
Amount
Date
Liquidated
Liquidation
Proceeds
Liquidation
Expenses
Disclosure
Control #
REO Date
City
State
Realized Loss
Group 1
Property Type
Actual Balance
Scheduled
Balance
Recent
Appraisal
Value
Appraisal
Date
Page 40 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
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Distribution Date: 26-Dec-07
Historical Collateral Level REO Report
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Total
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Group 2
Disclosure
Control #
REO Date
City
State
Property Type
Actual Balance
Scheduled
Balance
Recent
Appraisal
Value
Appraisal
Date
Realized Loss
No Historical REO Reported
Appraisal
Reduction
Amount
Date
Liquidated
Liquidation
Proceeds
Liquidation
Expenses
Page 41 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
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Min
Max
Count
% of Total
Balance
% of Total
Min
Max
Count
% of Total
Balance
% of Total
49,000
to
72,000
306
10.34%
18,363,595
2.44%
48,000
to
72,000
320
10.24%
19,208,599
2.41%
72,000
to
96,000
294
9.94%
24,881,457
3.31%
72,000
to
96,000
316
10.11%
26,658,493
3.35%
96,000
to
120,000
255
8.62%
27,454,412
3.65%
96,000
to
120,000
270
8.64%
29,138,435
3.66%
120,000
to
144,000
236
7.98%
31,129,489
4.14%
120,000
to
144,000
244
7.81%
32,200,645
4.05%
144,000
to
168,000
205
6.93%
31,822,356
4.23%
144,000
to
168,000
218
6.97%
33,888,394
4.26%
168,000
to
190,000
188
6.36%
33,653,196
4.48%
168,000
to
190,000
196
6.27%
35,127,170
4.42%
190,000
to
259,000
432
14.60%
95,549,945
12.71%
190,000
to
258,000
449
14.36%
99,223,287
12.47%
259,000
to
328,000
238
8.05%
68,888,553
9.16%
258,000
to
326,000
250
8.00%
71,763,697
9.02%
328,000
to
397,000
150
5.07%
53,851,776
7.16%
326,000
to
394,000
173
5.53%
61,856,147
7.78%
397,000
to
466,000
180
6.09%
78,437,405
10.43%
394,000
to
462,000
180
5.76%
77,952,347
9.80%
466,000
to
534,000
177
5.98%
88,449,935
11.76%
462,000
to
532,000
197
6.30%
98,003,122
12.32%
534,000
to
1,400,000
297
10.04%
199,346,949
26.51%
532,000
to
1,400,000
313
10.01%
210,424,759
26.45%
2,958
100.00%
751,829,068
100.00%
3,126
100.00%
795,445,096
100.00%
Min
Max
Count
% of Total
Balance
% of Total
Min
Max
Count
% of Total
Balance
% of Total
6.00%
to
7.50%
317
10.72%
119,159,158
15.85%
6.00%
to
7.50%
320
10.24%
120,123,760
15.10%
7.50%
to
7.75%
195
6.59%
57,437,455
7.64%
7.50%
to
7.75%
200
6.40%
59,573,219
7.49%
7.75%
to
8.00%
289
9.77%
87,025,960
11.58%
7.75%
to
8.00%
294
9.40%
88,452,716
11.12%
8.00%
to
8.25%
212
7.17%
57,013,573
7.58%
8.00%
to
8.25%
221
7.07%
60,355,744
7.59%
8.25%
to
8.50%
246
8.32%
66,680,083
8.87%
8.25%
to
8.50%
260
8.32%
70,671,250
8.88%
8.50%
to
8.75%
265
8.96%
71,957,083
9.57%
8.50%
to
8.75%
275
8.80%
74,908,959
9.42%
8.75%
to
9.08%
314
10.62%
73,485,134
9.77%
8.75%
to
9.08%
338
10.81%
79,793,743
10.03%
9.08%
to
9.41%
236
7.98%
55,224,837
7.35%
9.08%
to
9.41%
249
7.97%
58,008,020
7.29%
9.41%
to
9.73%
240
8.11%
46,754,435
6.22%
9.41%
to
9.73%
261
8.35%
51,861,212
6.52%
9.73%
to
10.06%
248
8.38%
48,859,567
6.50%
9.73%
to
10.06%
267
8.54%
53,621,114
6.74%
10.06%
to
10.39%
97
3.28%
18,108,680
2.41%
10.06%
to
10.44%
121
3.87%
23,773,275
2.99%
10.39%
to
13.66%
299
10.11%
50,123,103
6.67%
10.44%
to
13.66%
320
10.24%
54,302,083
6.83%
2,958
100.00%
751,829,068
100.00%
3,126
100.00%
795,445,096
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: 26-Dec-07
Mortgage Loan Characteristics Part I
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 42 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
2,176
601,946,824
80.06%
355.30
8.53%
2,306
637,994,627
80.21%
360.00
8.57%
782
149,882,244
19.94%
351.17
8.79%
820
157,450,469
19.79%
356.23
8.84%
2,958
751,829,068
100.00%
3,126
795,445,096
100.00%
2,202
528,707,476
70.32%
354.55
8.57%
2,333
561,462,716
70.58%
359.38
8.61%
351
116,389,827
15.48%
354.53
8.56%
367
122,188,166
15.36%
359.12
8.58%
268
73,879,533
9.83%
353.52
8.63%
280
77,040,535
9.69%
358.22
8.66%
123
27,500,989
3.66%
355.28
8.90%
131
29,349,937
3.69%
360.00
8.93%
14
5,351,243
0.71%
355.34
8.99%
15
5,403,742
0.68%
360.00
9.01%
2,958
751,829,068
100.00%
3,126
795,445,096
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: 26-Dec-07
Mortgage Loan Characteristics Part II
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 43 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Mortgage Loan Characteristics Part II
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
2,435
671,980,881
89.38%
354.52
8.54%
2,564
708,158,360
89.03%
359.28
8.57%
501
74,519,198
9.91%
354.08
9.01%
539
81,816,172
10.29%
358.96
9.06%
22
5,328,990
0.71%
355.18
9.10%
23
5,470,564
0.69%
360.00
9.14%
2,958
751,829,068
100.00%
3,126
795,445,096
100.00%
1,876
498,839,940
66.35%
354.38
8.45%
1,976
528,082,102
66.39%
359.17
8.49%
762
170,398,871
22.66%
355.13
9.19%
817
181,980,932
22.88%
359.80
9.24%
320
82,590,258
10.99%
353.72
8.13%
333
85,382,062
10.73%
358.62
8.17%
2,958
751,829,068
100.00%
3,126
795,445,096
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
Total
Purchase
Purchase
Refinance/No Cash Out
Refinance/No Cash Out
Refinance/Equity Takeout
Refinance/Equity Takeout
# of
Loans
Ending Balance
% of
Balance
WAMM
WAC
Non-Owner Occupied
Non-Owner Occupied
Owner Occupied - Secondary Residence
Owner Occupied - Secondary Residence
Owner Occupied - Primary Residence
Owner Occupied - Primary Residence
Occupancy Type
# of
Loans
Ending Balance
% of
Balance
WAMM
WAC
Page 44 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
|
|
Distribution Date: 26-Dec-07
Mortgage Loan Characteristics Part II
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
2,958
751,829,068
100.00%
354.48
8.59%
3,126
795,445,096
100.00%
359.25
8.62%
WAC
# of
Loans
Ending Balance
% of
Balance
WAMM
Total (All Loans)
First Franklin
First Franklin
Originator
# of
Loans
Ending Balance
% of
Balance
WAMM
WAC
Originator
Distribution by Originator Concentration > 10% (Current)
Distribution by Originator Concentration > 10% (Cut-off)
Page 45 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
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|
WAMM
WAC
California
401
178,232,337
23.71%
355
7.99%
Florida
337
76,030,938
10.11%
354
8.46%
New York
178
64,522,090
8.58%
355
8.60%
Illinois
214
53,230,292
7.08%
355
9.13%
Washington
148
49,788,113
6.62%
355
8.57%
Arizona
114
26,972,444
3.59%
355
8.63%
New Jersey
76
24,085,906
3.20%
355
9.10%
Maryland
65
20,944,902
2.79%
354
8.74%
Oregon
71
20,108,094
2.67%
355
8.36%
Texas
140
19,668,279
2.62%
348
9.05%
Remaining
1,214
218,245,673
29.03%
354
8.89%
WAMM
WAC
California
418
184,881,976
23.24%
360
8.02%
Florida
350
79,920,669
10.05%
359
8.48%
New York
185
68,005,543
8.55%
359
8.62%
Illinois
236
60,372,650
7.59%
360
9.19%
Washington
155
52,638,775
6.62%
360
8.64%
Arizona
120
28,617,204
3.60%
359
8.63%
New Jersey
85
26,900,448
3.38%
360
9.07%
Maryland
67
21,399,782
2.69%
359
8.77%
Texas
144
20,490,997
2.58%
354
9.10%
Oregon
72
20,397,325
2.56%
360
8.37%
Remaining
1,294
231,819,726
29.14%
359
8.92%
(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: 26-Dec-07
Geographic Concentration
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Top 10 Current State Concentration
California
Illinois
New York
Florida
Texas
Oregon
Maryland
New Jersey
Arizona
Washington
Remaining
Page 46 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
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Current Total
0.00
0.00
0.00
Cumulative
0.00
0.00
0.00
B
C F J L Loan Sale
Paid in Full REO Short Sale Third Party O
P R S T X
1 2 3 Liq. Type Code - Legend
BK Discharged Charge-off Foreclosure Judgement Retain Lien Settled
Occ Type Code - Legend
Primary Secondary Investment 0.00
0.00
0.00
0.00
Lien Position
Liq Type
Occ Type
No Realized Losses Reported for the Current Period
Total (All Loans)
Disclosure Control
#
Original
Liquidation
Balance
Net Liquidation
Proceeds
Loss-Certs Non-
adjusted
Subsequent
Recov/(Exp)
Loss-Certs Adjusted
Loss Severity
Loan-to-Value
FICO
Distribution Date: 26-Dec-07
Current Period Realized Loss Detail
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 47 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
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Distribution Date
Beginning Scheduled
Balance
Net Liquidation
Proceeds
Realized Loss
Loan Count
Realized Loss
Adjusted
Cumulative
Realized Loss
Amount
Count
Amount
Count
Amount
Count
26-Dec-07
0.00
0.00
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0.00
26-Nov-07
0.00
0.00
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0.00
25-Oct-07
0.00
0.00
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0.00
Total
0.00
0.00
0.00
0
0.00
0
0.00
0
0.00
0
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: 26-Dec-07
Historical Realized Loss Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 48 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
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Distribution Date: 26-Dec-07
Historical Realized Loss Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Distribution Date
Beginning Scheduled
Balance
Net Liquidation
Proceeds
Realized Loss
Loan Count
Realized Loss
Adjusted
Cumulative
Realized Loss
Amount
Count
Amount
Count
Amount
Count
26-Dec-07
0.00
0.00
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0.00
26-Nov-07
0.00
0.00
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0.00
25-Oct-07
0.00
0.00
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0.00
Total
0.00
0.00
0.00
0
0.00
0
0.00
0
0.00
0
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 49 of 57
24-Dec-2007 11:53
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Distribution Date: 26-Dec-07
Historical Realized Loss Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Distribution Date
Beginning Scheduled
Balance
Net Liquidation
Proceeds
Realized Loss
Loan Count
Realized Loss
Adjusted
Cumulative
Realized Loss
Amount
Count
Amount
Count
Amount
Count
26-Dec-07
0.00
0.00
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0.00
26-Nov-07
0.00
0.00
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0.00
25-Oct-07
0.00
0.00
0.00
0
0.00
0
0.00
0
0.00
0
0.00
0.00
Total
0.00
0.00
0.00
0
0.00
0
0.00
0
0.00
0
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 50 of 57
24-Dec-2007 11:53
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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: 26-Dec-07
Realized Loss Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
0.00%
0.86%
1.71%
2.57%
3.43%
4.29%
5.14%
6.00%
Jan-07
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
Aug-07
Sep-07
Oct-07
Nov-07
Dec-07
0.00%
7.14%
14.29%
21.43%
28.57%
35.71%
42.86%
50.00%
Jan-07
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
Aug-07
Sep-07
Oct-07
Nov-07
Dec-07
0%
286%
571%
857%
1143%
1429%
1714%
2000%
Jan-07
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
Aug-07
Sep-07
Oct-07
Nov-07
Dec-07
Page 51 of 57
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Group
Total
Relief Act Interest
Shortfall
No Servicemembers Civil Relief Act Loans Reported
Total (All Loans)
Disclosure Control
#
Beginning
Balance
Scheduled
Principal
Unscheduled
Principal
Ending balance
Loan Rate
P&I Amount
Scheduled
Interest
Interest Received
Distribution Date: 26-Dec-07
Servicemembers Civil Relief Act
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 52 of 57
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Material breaches of pool asset representation or warranties or transaction covenants.
Material Breach Description
No Material Breaches Reported
Disclosure
Control #
Loan Group #
Ending Principal
Balance
Material Breach
Date
Distribution Date: 26-Dec-07
Material Breaches Detail
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 53 of 57
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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.
No Prior Loan Modification Reported
Total (All Loans)
Disclosure
Control #
Loan Group #
Modified Maturity
Date
Cutoff Maturity
Date
Modification Description
Distribution Date: 26-Dec-07
Modified Loan Detail
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 54 of 57
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No Collateral Asset Changes Reported
Disclosure
Control #
Beginning Principal Balance
Description
Distribution Date: 26-Dec-07
Collateral Asset Changes
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 55 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
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Substitution Code
No Substituted Loans Reported
- - - Loans Substituted Into Pool - - -
- - - - - - - - - - Loans Substituted Out of Pool - - - - - - - - - -
Investor #
Period
Beginning Principal Balance
Investor #
Period
Beginning Principal
Balance
Adjusted for Principal
Distribution Date: 26-Dec-07
Substitution Detail History
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 56 of 57
24-Dec-2007 11:53
(c) 2007 LaSalle Bank N.A.
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No History of Substituted Loans Reported
- - - 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: 26-Dec-07
Substitution Detail History Summary
Merrill Lynch First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-5
Page 57 of 57
24-Dec-2007 11:54
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