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Merrill Lynch First Franklin Mortgage Loan Trust, Series 2007-4 – ‘10-D’ for 7/25/07 – EX-99.1

On:  Tuesday, 8/7/07, at 5:41pm ET   ·   As of:  8/8/07   ·   For:  7/25/07   ·   Accession #:  1136999-7-1132   ·   File #:  333-140436-18

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 8/08/07  Merrill Lynch First Frank… 2007-4 10-D        7/25/07    3:841K                                   Lasalle Bank NA/FA

Periodic Distribution Report by an Asset-Backed Issuer   —   Form 10-D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-D        Merrill Lynch First Franklin 2007-4 Form 10-D July  HTML     20K 
                          2007                                                   
 2: EX-99.1     Merrill Lynch First Franklin 2007-4 Monthly         HTML    487K 
                          Investor Report - July 2007                            
 3: EX-99.1     Merrill Lynch First Franklin 2007-4 Monthly          PDF    184K 
                          Investor Report - July 2007 --                         
                          ffmer074_200707ex991

EX-99.1   —   Merrill Lynch First Franklin 2007-4 Monthly Investor Report – July 2007

This exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]

  Unassociated Document  
Content:
Pages
Contact Information:
7/25/2007 0:00
Statement to Certificate Holders
2
Analyst:
Hieu Nguyen
714.259.6865
Statement to Certificate Holders (Factors)
3
hieu.nguyen@abnamro.com
Pool/Non-Pool Funds Cash Reconciliation
4
Administrator:
John Chozen
312.992.1816
Cash Reconciliation Summary
5-6
john.chozen@abnamro.com
Pool Detail and Performance Indicators
7-9
LaSalle Website:
www.etrustee.net
Bond Interest Reconciliation Part I
10
8/27/2007 0:00
Bond Interest Reconciliation Part II
11
Bond Principal Reconciliation
12
Outside Parties To The Transaction
Rating Information
13
6/29/2007
15 Month Loan Status Summary Part I
14-20
15 Month Loan Status Summary Part II
21-27
15 Month Historical Payoff Summary
28-30
Prepayment Premium Loan Detail
31
Prepayment Summary
32
Historical Collateral Level REO Report
33-35
Mortgage Loan Characteristics Part I
36
6/26/2007
Mortgage Loan Characteristics Part II
37-39
Geographic Concentration
40
Current Period Realized Loss Detail
41
7/25/2007 0:00
Historical Realized Loss Summary
42-44
Realized Loss Summary
45
Servicemembers Civil Relief Act
46
Material Breaches Detail
47
7/27/2037 0:00
Modified Loan Detail
48
Collateral Asset Changes
49
Substitution Detail History
50
Substitution Detail History Summary
51
7/13/2007 0:00
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
ABN AMRO Acct : 724810.1
Payment Date:
25-Jul-07
Prior Payment:
N/A
Next Payment:
27-Aug-07
Record Date:
26-Jun-07
Distribution Count:
Issuer: Merrill Lynch Mortgage Investors, Inc.
1
Depositor: Merrill Lynch Mortgage Investors, Inc.
Closing Date:
26-Jun-07
Underwriter: Merrill Lynch & Company- Asset Backed Sec. Group
First Pay. Date:
Master Servicer: Home Loan Services
25-Jul-07
Rating Agency: Standard & Poor's Rating Services/Moody's Investors Service
Rated Final
Payment Date:
27-Jul-37
Determination Date:
13-Jul-07
Delinq Method:
OTS
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
1-A
59025CAA8
509,625,000.00
509,625,000.00
1,425,466.30
0.00
0.00
508,199,533.70
2,241,500.63
0.00
5.4600000000%
2-A1
59025CAB6
325,283,000.00
325,283,000.00
3,140,327.57
0.00
0.00
322,142,672.43
1,409,740.38
0.00
5.3800000000%
2-A2
59025CAC4
171,764,000.00
171,764,000.00
0.00
0.00
0.00
171,764,000.00
752,708.02
0.00
5.4400000000%
2-A3
59025CAD2
182,548,000.00
182,548,000.00
0.00
0.00
0.00
182,548,000.00
805,848.00
0.00
5.4800000000%
2-A4
59025CAE0
67,580,000.00
67,580,000.00
0.00
0.00
0.00
67,580,000.00
303,227.71
0.00
5.5700000000%
1-M1
59025CAF7
34,062,000.00
34,062,000.00
0.00
0.00
0.00
34,062,000.00
152,834.30
0.00
5.5700000000%
2-M1
59025CAG5
49,938,000.00
49,938,000.00
0.00
0.00
0.00
49,938,000.00
224,069.03
0.00
5.5700000000%
1-M2
59025CAH3
23,356,000.00
23,356,000.00
0.00
0.00
0.00
23,356,000.00
104,985.22
0.00
5.5800000000%
2-M2
59025CAJ9
34,244,000.00
34,244,000.00
0.00
0.00
0.00
34,244,000.00
153,926.78
0.00
5.5800000000%
1-M3
59025CAK6
12,327,000.00
12,327,000.00
0.00
0.00
0.00
12,327,000.00
55,707.77
0.00
5.6100000000%
2-M3
59025CAL4
18,073,000.00
18,073,000.00
0.00
0.00
0.00
18,073,000.00
81,674.90
0.00
5.6100000000%
M4
59025CAM2
27,200,000.00
27,200,000.00
0.00
0.00
0.00
27,200,000.00
124,893.33
0.00
5.7000000000%
M5
59025CAN0
23,200,000.00
23,200,000.00
0.00
0.00
0.00
23,200,000.00
108,021.78
0.00
5.7800000000%
M6
59025CAP5
15,200,000.00
15,200,000.00
0.00
0.00
0.00
15,200,000.00
73,711.56
0.00
6.0200000000%
B1
59025CAQ3
17,600,000.00
17,600,000.00
0.00
0.00
0.00
17,600,000.00
96,692.44
0.00
6.8200000000%
B2
59025CAR1
13,600,000.00
13,600,000.00
0.00
0.00
0.00
13,600,000.00
80,742.44
0.00
7.3700000000%
B3
59025CAS9
21,600,000.00
21,600,000.00
0.00
0.00
0.00
21,600,000.00
129,108.00
0.00
7.4200000000%
C
59025CAU4
1,600,000,024.20 N
1,600,000,024.20
0.00
0.00
0.00
1,595,434,206.93
4,109,176.21
(2,944.78)
N/A
P
59025CAT7
0.00
0.00
0.00
0.00
0.00
0.00
18,261.87
18,261.87
N/A
R
59025CAV2
100.00
100.00
100.00
0.00
0.00
0.00
0.44
0.00
5.4600000000%
Total
1,547,200,100.00
1,547,200,100.00
4,565,893.87
0.00
0.00
1,542,634,206.13
11,026,830.81
15,317.09
Total P&I Payment
15,592,724.68
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Original Face Value
(1)
Beginning
Certificate Balance
Distribution Date: 25-Jul-07
Bond Payment
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
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
1-A
59025CAA8
509,625,000.00
1000.000000000
2.797088644
0.000000000
0.000000000
997.202911365
4.398333343
0.000000000
5.46000000%
2-A1
59025CAB6
325,283,000.00
1000.000000000
9.654139841
0.000000000
0.000000000
990.345860150
4.333888891
0.000000000
5.38000000%
2-A2
59025CAC4
171,764,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
4.382222235
0.000000000
5.44000000%
2-A3
59025CAD2
182,548,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
4.414444420
0.000000000
5.48000000%
2-A4
59025CAE0
67,580,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
4.486944510
0.000000000
5.57000000%
1-M1
59025CAF7
34,062,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
4.486944396
0.000000000
5.57000000%
2-M1
59025CAG5
49,938,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
4.486944411
0.000000000
5.57000000%
1-M2
59025CAH3
23,356,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
4.495000000
0.000000000
5.58000000%
2-M2
59025CAJ9
34,244,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
4.495000000
0.000000000
5.58000000%
1-M3
59025CAK6
12,327,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
4.519166869
0.000000000
5.61000000%
2-M3
59025CAL4
18,073,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
4.519166713
0.000000000
5.61000000%
M4
59025CAM2
27,200,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
4.591666544
0.000000000
5.70000000%
M5
59025CAN0
23,200,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
4.656111207
0.000000000
5.78000000%
M6
59025CAP5
15,200,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
4.849444737
0.000000000
6.02000000%
B1
59025CAQ3
17,600,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
5.493888636
0.000000000
6.82000000%
B2
59025CAR1
13,600,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
5.936944118
0.000000000
7.37000000%
B3
59025CAS9
21,600,000.00
1000.000000000
0.000000000
0.000000000
0.000000000
1000.000000000
5.977222222
0.000000000
7.42000000%
C
59025CAU4
1,600,000,024.20 N
1000.000000000
0.000000000
0.000000000
0.000000000
997.146364249
2.568235092
(0.001840488)
N/A
P
59025CAT7
0.00
0.000000000
0.000000000
0.000000000
0.000000000
0.000000000
0.000000000
0.000000000
N/A
R
59025CAV2
100.00
1000.000000000
1000.000000000
0.000000000
0.000000000
0.000000000
4.400000000
0.000000000
N/A
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Deferred Interest *
Ending Certificate
Balance *
Interest Payment *
Distribution Date: 25-Jul-07
Statement to Certificate Holders (FACTORS)
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
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
Interest Summary
Principal Summary
Supplemental Interest Trust
Interest Summary
Principal Summary
Net Swap Payments received
0.00
Scheduled Interest
11,678,180.40
Scheduled Prin Distribution
451,966.10
Net Swap Payments paid
0.00
Fees
666,666.69
Curtailments
54,583.65
Remittance Interest
11,011,513.71
Prepayments in Full
4,059,267.52
Swap Termination Payments received
0.00
Other Interest Proceeds/Shortfalls
Liquidation Proceeds
0.00
Swap Termination Payments paid
0.00
Prepayment Penalties
18,261.87
Repurchase Proceeds
0.00
Other Interest Loss
0.00
Other Principal Proceeds
0.00
Defaulted Swap Termination Payments
0.00
Other Interest Proceeds
0.00
Remittance Principal
4,565,817.27
Non-advancing Interest
0.00
Non-Supported Interest Shortfall
0.00
Cap Contract Payment
0.00
Relief Act Shortfall
(2,868.16)
Modification Shortfall
0.00
Corridor Contracts
Other Interest Proceeds/Shortfalls
15,393.71
Interest Adjusted
11,026,907.42
Class A-1 Certificates
0.00
Fee Summary
Class A-2 Certificates
0.00
Total Servicing Fees
666,666.69
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
666,666.69
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
15,592,724.69
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
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-Jul-07
Cash Reconciliation Summary
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
Group 1 Fixed
Group 1 ARM
Total
Interest Summary
Scheduled Interest
810,417.06
3,894,183.13
4,704,600.19
Fees
46,236.20
224,093.56
270,329.76
Remittance Interest
764,180.86
3,670,089.58
4,434,270.43
Other Interest Proceeds/Shortfalls
Prepayment Penalties
0.00
3,962.20
3,962.20
Other Interest Loss
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
(1,483.01)
(1,483.01)
Modification Shortfall
0.00
0.00
0.00
Other Interest Proceeds/Shortfalls
0.00
2,479.19
2,479.19
Interest Adjusted
764,180.86
3,672,568.77
4,436,749.62
Principal Summary
Scheduled Principal Distribution
51,129.35
147,909.52
199,038.87
Curtailments
19,392.22
9,418.64
28,810.86
Prepayments in Full
0.00
1,197,692.65
1,197,692.65
Liquidation Proceeds
0.00
0.00
0.00
Repurchase Proceeds
0.00
0.00
0.00
Other Principal Proceeds
0.00
0.00
0.00
Less Mod Losses
0.00
0.00
0.00
Remittance Principal
70,521.57
1,355,020.81
1,425,542.38
Fee Summary
Total Servicing Fees
46,236.20
224,093.56
270,329.76
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
46,236.20
224,093.56
270,329.76
Beginning Principal Balance
110,966,890.87
537,824,528.46
648,791,419.33
Ending Principal Balance
110,896,369.30
536,469,507.65
647,365,876.95
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Cash Reconciliation Summary Group 1
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Group 2 Fixed
Group 2 ARM
Total
Interest Summary
Scheduled Interest
1,210,590.18
5,762,990.02
6,973,580.20
Fees
66,058.25
330,278.68
396,336.92
Remittance Interest
1,144,531.93
5,432,711.35
6,577,243.28
Other Interest Proceeds/Shortfalls
Prepayment Penalties
0.00
14,299.67
14,299.67
Other Interest Loss
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
(1,385.15)
(1,385.15)
Modification Shortfall
0.00
0.00
0.00
Other Interest Proceeds/Shortfalls
0.00
12,914.52
12,914.52
Interest Adjusted
1,144,531.93
5,445,625.87
6,590,157.80
Principal Summary
Scheduled Principal Distribution
70,801.02
182,126.21
252,927.23
Curtailments
10,406.60
15,366.19
25,772.79
Prepayments in Full
50,895.41
2,810,679.46
2,861,574.87
Liquidation Proceeds
0.00
0.00
0.00
Repurchase Proceeds
0.00
0.00
0.00
Other Principal Proceeds
0.00
0.00
0.00
Less Mod Losses
0.00
0.00
0.00
Remittance Principal
132,103.03
3,008,171.86
3,140,274.89
Fee Summary
Total Servicing Fees
66,058.25
330,278.68
396,336.92
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
66,058.25
330,278.68
396,336.92
Beginning Principal Balance
158,539,787.20
792,668,817.67
951,208,604.87
Ending Principal Balance
158,407,684.17
789,660,645.81
948,068,329.98
Cash Reconciliation Summary Group 2
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
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
0
1,595,434,207
0.00%
WAC - Remit Current
8.50%
8.21%
8.26%
Cum Scheduled Principal
451,966.10
6 mo. Rolling Average
0
1,595,434,207
0.00%
WAC - Remit Original
8.50%
8.21%
8.26%
Cum Unscheduled Principal
4,113,851.17
12 mo. Rolling Average
0
1,595,434,207
0.00%
WAC - Current
9.00%
8.71%
8.76%
Cum Liquidations
0.00
Loss Levels
Amount
Count
WAC - Original
9.00%
8.71%
8.76%
Cum Repurchases
0.00
3 mo. Cum Loss
0.00
0
WAL - Current
354.49
358.47
357.80
6 mo. Cum loss
0.00
0
WAL - Original
354.49
358.47
357.80
Current
Amount
Count
%
12 mo. Cum Loss
0.00
0
Beginning Pool
1,600,000,024.20
7,567
100.00%
Current Index Rate
Scheduled Principal
451,966.10
0.03%
Triggers
Next Index Rate
Unscheduled Principal
4,113,851.17
19
0.26%
Liquidations
0.00
0
0.00%
> Delinquency Trigger Event
(2)
NO
Prepayment Charges
Repurchases
0.00
0
0.00%
Delinquency Event Calc
(1)
0.00
1,595,434,207
0.00%
Amount
Count
Ending Pool
1,595,434,206.93
7,548
99.71%
Current
6
> Loss Trigger Event?
(3)
NO
Cumulative
6
Ending Actual Balance
1,595,782,877.52
Cumulative Loss
0
0.00%
Average Loan Balance
211,371.78
> Overall Trigger Event?
NO
Pool Composition
Current Loss Detail
Amount
Step Down Date
Liquidation
0.00
Distribution Count
1
Properties
%/Score
Realized Loss
0.00
Required Percentage
(4)
21.51%
Cut-off LTV
85.24%
Realized Loss Adjustment
0.00
Step Down %
(5)
N/A
Cash Out/Refinance
51.56%
Net Liquidation
0.00
% of Required Percentage
(6)
N/A
SFR
70.91%
Credit Enhancement
Amount
%
> Step Down Date?
NO
Min
Max
WA
Original OC
52,799,924.20
3.30%
Extra Principal
76.60
FICO
540
809
640.35
Target OC
(7)
52,800,000.80
3.30%
Cumulative Extra Principal
76.60
Beginning OC
52,799,924.20
OC Release
0.00
Ending OC
52,800,000.80
Most Senior Certificates
1,256,800,100.00
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Pool Detail and Performance Indicators Total (All Loans)
Misc/Additional Information
Pool Level Information
5.320000%
5.320000%
18,261.87
18,261.87
Balance
1,363,760,597.86
824,913,656.26
1,134,639,062.31
Owner Occupied
1,531,869,008.29
95.74%
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.
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
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
0
647,365,877
0.00%
WAC - Remit Current
8.26%
8.19%
8.20%
Cum Scheduled Principal
199,038.87
6 mo. Rolling Average
0
647,365,877
0.00%
WAC - Remit Original
8.26%
8.19%
8.20%
Cum Unscheduled Principal
1,226,503.51
12 mo. Rolling Average
0
647,365,877
0.00%
WAC - Current
8.76%
8.69%
8.70%
Cum Liquidations
0.00
Loss Levels
Amount
Count
WAC - Original
8.76%
8.69%
8.70%
Cum Repurchases
0.00
3 mo. Cum Loss
0.00
0
WAL - Current
354.52
358.48
357.80
6 mo. Cum loss
0.00
0
WAL - Original
354.52
358.48
357.80
Current
Amount
Count
%
12 mo. Cum Loss
0.00
0
Beginning Pool
648,791,419.33
3,134
100.00%
Scheduled Principal
199,038.87
0.03%
Unscheduled Principal
1,226,503.51
6
0.19%
Liquidations
0.00
0
0.00%
Prepayment Charges
Repurchases
0.00
0
0.00%
Amount
Count
Ending Pool
647,365,876.95
3,128
99.78%
Current
2
Cumulative
2
Ending Actual Balance
647,520,491.80
Average Loan Balance
206,958.40
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
73.49%
Net Liquidation
0.00
SFR
73.22%
Min
Max
WA
FICO
540
809
633.63
Pool Detail and Performance Indicators Group 1
93.79%
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.
476,780,263.60
475,038,200.37
Owner Occupied
608,481,353.65
3,962.20
3,962.20
Balance
555,024,387.49
Misc/Additional Information
Pool Level Information
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
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
0
948,068,330
0.00%
WAC - Remit Current
8.66%
8.22%
8.30%
Cum Scheduled Principal
252,927.23
6 mo. Rolling Average
0
948,068,330
0.00%
WAC - Remit Original
8.66%
8.22%
8.30%
Cum Unscheduled Principal
2,887,347.66
12 mo. Rolling Average
0
948,068,330
0.00%
WAC - Current
9.16%
8.72%
8.80%
Cum Liquidations
0.00
Loss Levels
Amount
Count
WAC - Original
9.16%
8.72%
8.80%
Cum Repurchases
0.00
3 mo. Cum Loss
0.00
0
WAL - Current
354.47
358.46
357.79
6 mo. Cum loss
0.00
0
WAL - Original
354.47
358.46
357.79
Current
Amount
Count
%
12 mo. Cum Loss
0.00
0
Beginning Pool
951,208,604.87
4,433
100.00%
Scheduled Principal
252,927.23
0.03%
Unscheduled Principal
2,887,347.66
13
0.30%
Liquidations
0.00
0
0.00%
Prepayment Charges
Repurchases
0.00
0
0.00%
Amount
Count
Ending Pool
948,068,329.98
4,420
99.67%
Current
4
Cumulative
4
Ending Actual Balance
948,262,385.72
Average Loan Balance
214,495.10
Pool Composition
Current Loss Detail
Amount
Liquidation
0.00
Properties
%/Score
Realized Loss
0.00
Cut-off LTV
85.02%
Realized Loss Adjustment
0.00
Cash Out/Refinance
36.60%
Net Liquidation
0.00
SFR
69.34%
Min
Max
WA
FICO
540
808
644.94
808,736,210.37
97.08%
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.
348,133,392.66
659,600,861.94
Owner Occupied
923,387,654.64
14,299.67
14,299.67
Balance
Pool Detail and Performance Indicators Group 2
Misc/Additional Information
Pool Level Information
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
1-A
Act/360
29
509,625,000.00
5.460000000%
2,241,500.63
0.00
0.00
2,241,500.63
2,241,500.63
0.00
0.00
0.00
0.00
No
2-A1
Act/360
29
325,283,000.00
5.380000000%
1,409,740.38
0.00
0.00
1,409,740.38
1,409,740.38
0.00
0.00
0.00
0.00
No
2-A2
Act/360
29
171,764,000.00
5.440000000%
752,708.02
0.00
0.00
752,708.02
752,708.02
0.00
0.00
0.00
0.00
No
2-A3
Act/360
29
182,548,000.00
5.480000000%
805,848.00
0.00
0.00
805,848.00
805,848.00
0.00
0.00
0.00
0.00
No
2-A4
Act/360
29
67,580,000.00
5.570000000%
303,227.71
0.00
0.00
303,227.71
303,227.71
0.00
0.00
0.00
0.00
No
1-M1
Act/360
29
34,062,000.00
5.570000000%
152,834.30
0.00
0.00
152,834.30
152,834.30
0.00
0.00
0.00
0.00
No
2-M1
Act/360
29
49,938,000.00
5.570000000%
224,069.03
0.00
0.00
224,069.03
224,069.03
0.00
0.00
0.00
0.00
No
1-M2
Act/360
29
23,356,000.00
5.580000000%
104,985.22
0.00
0.00
104,985.22
104,985.22
0.00
0.00
0.00
0.00
No
2-M2
Act/360
29
34,244,000.00
5.580000000%
153,926.78
0.00
0.00
153,926.78
153,926.78
0.00
0.00
0.00
0.00
No
1-M3
Act/360
29
12,327,000.00
5.610000000%
55,707.77
0.00
0.00
55,707.77
55,707.77
0.00
0.00
0.00
0.00
No
2-M3
Act/360
29
18,073,000.00
5.610000000%
81,674.90
0.00
0.00
81,674.90
81,674.90
0.00
0.00
0.00
0.00
No
M4
Act/360
29
27,200,000.00
5.700000000%
124,893.33
0.00
0.00
124,893.33
124,893.33
0.00
0.00
0.00
0.00
No
M5
Act/360
29
23,200,000.00
5.780000000%
108,021.78
0.00
0.00
108,021.78
108,021.78
0.00
0.00
0.00
0.00
No
M6
Act/360
29
15,200,000.00
6.020000000%
73,711.56
0.00
0.00
73,711.56
73,711.56
0.00
0.00
0.00
0.00
No
B1
Act/360
29
17,600,000.00
6.820000000%
96,692.44
0.00
0.00
96,692.44
96,692.44
0.00
0.00
0.00
0.00
No
B2
Act/360
29
13,600,000.00
7.370000000%
80,742.44
0.00
0.00
80,742.44
80,742.44
0.00
0.00
0.00
0.00
No
B3
Act/360
29
21,600,000.00
7.420000000%
129,108.00
0.00
0.00
129,108.00
129,108.00
0.00
0.00
0.00
0.00
No
C
1,600,000,024.20
N/A
4,112,120.99
0.00
0.00
4,109,176.21
4,109,176.21
0.00
0.00
0.00
0.00
No
P
0.00
N/A
0.00
18,261.87
0.00
18,261.87
18,261.87
0.00
0.00
0.00
0.00
N/A
R
Act/360
29
100.00
5.460000000%
0.44
0.00
0.00
0.44
0.44
0.00
0.00
0.00
0.00
No
Total
1,547,200,100.00
11,011,513.72
18,261.87
0.00
11,026,830.81
11,026,830.81
0.00
0.00
0.00
0.00
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Bond Interest Reconciliation
- - Accrual - -
- - - - - - Recovered - - - - - -
- - - - - Outstanding - - - -
Class
Method
Days
Opening Balance
Pass-Thru Rate
Accrual
Certificate
Interest
Total Interest
Additions
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
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
1-A
26-Jun-07
26-Jun-07
25-Jul-07
2,241,500.63
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2-A1
26-Jun-07
26-Jun-07
25-Jul-07
1,409,740.38
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2-A2
26-Jun-07
26-Jun-07
25-Jul-07
752,708.02
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2-A3
26-Jun-07
26-Jun-07
25-Jul-07
805,848.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2-A4
26-Jun-07
26-Jun-07
25-Jul-07
303,227.71
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1-M1
26-Jun-07
26-Jun-07
25-Jul-07
152,834.30
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2-M1
26-Jun-07
26-Jun-07
25-Jul-07
224,069.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1-M2
26-Jun-07
26-Jun-07
25-Jul-07
104,985.22
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2-M2
26-Jun-07
26-Jun-07
25-Jul-07
153,926.78
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1-M3
26-Jun-07
26-Jun-07
25-Jul-07
55,707.77
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2-M3
26-Jun-07
26-Jun-07
25-Jul-07
81,674.90
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
M4
26-Jun-07
26-Jun-07
25-Jul-07
124,893.33
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
M5
26-Jun-07
26-Jun-07
25-Jul-07
108,021.78
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
M6
26-Jun-07
26-Jun-07
25-Jul-07
73,711.56
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
B1
26-Jun-07
26-Jun-07
25-Jul-07
96,692.44
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
B2
26-Jun-07
26-Jun-07
25-Jul-07
80,742.44
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
B3
26-Jun-07
26-Jun-07
25-Jul-07
129,108.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
C
26-Jun-07
1-Jun-07
1-Jul-07
4,112,120.99
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
P
26-Jun-07
1-Jun-07
1-Jul-07
0.00
0.00
0.00
0.00
18,261.87
0.00
0.00
0.00
0.00
0.00
R
26-Jun-07
26-Jun-07
25-Jul-07
0.44
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total
11,011,513.72
0.00
0.00
0.00
18,261.87
0.00
0.00
0.00
0.00
0.00
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Bond Interest Reconciliation - Part II
- - - - - - - REMIC - - - - - - -
- - - - - - - - - - - - - - - - - - - - - - Non-REMIC - - - - - - - - - - - - - - - - - - - - - - -
- - - - - - - - - - - Deductions - - - - - - - - - -
Class
Record Date
Prior Interest Due
Date
Current Interest
Due Date
Accrual Certificate
Interest
Interest Carry-
Forward
Supplemental
Interest Trust
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)
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
1-A
509,625,000.00
509,625,000.00
198,938.87
1,226,479.59
23.92
0.00
0.00
0.00
0.00
508,199,533.70
27-Jul-37
21.45%
21.51%
2-A1
325,283,000.00
325,283,000.00
252,927.23
2,887,294.98
52.68
0.00
0.00
0.00
0.00
322,142,672.43
27-Jul-37
21.45%
21.51%
2-A2
171,764,000.00
171,764,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
171,764,000.00
27-Jul-37
21.45%
21.51%
2-A3
182,548,000.00
182,548,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
182,548,000.00
27-Jul-37
21.45%
21.51%
2-A4
67,580,000.00
67,580,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
67,580,000.00
27-Jul-37
21.45%
21.51%
1-M1
34,062,000.00
34,062,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
34,062,000.00
27-Jul-37
16.20%
16.25%
2-M1
49,938,000.00
49,938,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
49,938,000.00
27-Jul-37
16.20%
16.25%
1-M2
23,356,000.00
23,356,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
23,356,000.00
27-Jul-37
12.60%
12.64%
2-M2
34,244,000.00
34,244,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
34,244,000.00
27-Jul-37
12.60%
12.64%
1-M3
12,327,000.00
12,327,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
12,327,000.00
27-Jul-37
10.70%
10.73%
2-M3
18,073,000.00
18,073,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
18,073,000.00
27-Jul-37
10.70%
10.73%
M4
27,200,000.00
27,200,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
27,200,000.00
27-Jul-37
9.00%
9.03%
M5
23,200,000.00
23,200,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
23,200,000.00
27-Jul-37
7.55%
7.57%
M6
15,200,000.00
15,200,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
15,200,000.00
27-Jul-37
6.60%
6.62%
B1
17,600,000.00
17,600,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
17,600,000.00
27-Jul-37
5.50%
5.52%
B2
13,600,000.00
13,600,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
13,600,000.00
27-Jul-37
4.65%
4.66%
B3
21,600,000.00
21,600,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
21,600,000.00
27-Jul-37
3.30%
3.31%
C
1,600,000,024.20
1,600,000,024.20
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,595,434,206.93
27-Jul-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
27-Jul-37
N/A
N/A
R
100.00
100.00
100.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
27-Jul-37
N/A
N/A
Total
1,547,200,100.00
1,547,200,100.00
451,966.10
4,113,774.57
76.60
0.00
0.00
0.00
0.00
1,542,634,206.13
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Bond Principal Reconciliation
- - - - - - - - - - - - - - - - Losses - - - - - - - - - - - - - - -
- Credit Support -
Class
Original Class
Balance
Beginning Class
Balance
Scheduled Principal
Payment
Unscheduled
Principal
Payment
Extra
Principal
Payment
Prior
Loss
Reimburs.
Rated
Final
Maturity
Original
Current
Current
Losses
Cumulative
Losses
Interest on
Losses
Ending
Class Balance
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
Class
CUSIP
Fitch
Moody's
DBRS
S&P
1-A
59025CAA8
NR
Aaa
NR
AAA
2-A1
59025CAB6
NR
Aaa
NR
AAA
2-A2
59025CAC4
NR
Aaa
NR
AAA
2-A3
59025CAD2
NR
Aaa
NR
AAA
2-A4
59025CAE0
NR
Aaa
NR
AAA
1-M1
59025CAF7
NR
Aa1
NR
AA+
2-M1
59025CAG5
NR
Aa1
NR
AA+
1-M2
59025CAH3
NR
Aa2
NR
AA
2-M2
59025CAJ9
NR
Aa2
NR
AA
1-M3
59025CAK6
NR
Aa3
NR
AA-
2-M3
59025CAL4
NR
Aa3
NR
AA-
M4
59025CAM2
NR
A1
NR
A+
M5
59025CAN0
NR
A2
NR
A
M6
59025CAP5
NR
A3
NR
A-
B1
59025CAQ3
NR
Baa1
NR
BBB+
B2
59025CAR1
NR
Baa1
NR
BBB
B3
59025CAS9
NR
Baa3
NR
BBB-
C
59025CAU4
NR
NR
NR
NR
P
59025CAT7
NR
NR
NR
NR
R
59025CAV2
NR
NR
NR
AAA
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Ratings Information
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.
- - - - - - - - - - - - Original Ratings - - - - - - - - - -
- - - - - - - - - - - - - - - - Ratings Change / Change Date
(1)
- - - - - - - - - - - - - - - -
Fitch
Moody's
DBRS
S&P
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
25-Jul-07
7,547
1,595,345,374
1
88,833
0
0
0
0
0
0
0
0
0
0
25-Jul-07
99.99%
99.99%
0.01%
0.01%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)
Distribution
Date
Current
Delinq 1 Month
Delinq 2 Months
Delinq 3+ Months
Bankruptcy
Foreclosure
REO
Total (All Loans)
Total (All Loans)
Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
25-Jul-07
3,128
647,365,877
0
0
0
0
0
0
0
0
0
0
0
0
25-Jul-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%
Distribution
Date
Current
Delinq 1 Month
Delinq 2 Months
Delinq 3+ Months
Bankruptcy
Foreclosure
REO
Group 1 - Total
Group 1 - Total
Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
25-Jul-07
633
110,896,369
0
0
0
0
0
0
0
0
0
0
0
0
25-Jul-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%
Distribution
Date
Current
Delinq 1 Month
Delinq 2 Months
Delinq 3+ Months
Bankruptcy
Foreclosure
REO
Group 1 Fixed
Group 1 Fixed
Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
25-Jul-07
2,495
536,469,508
0
0
0
0
0
0
0
0
0
0
0
0
25-Jul-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%
Distribution
Date
Current
Delinq 1 Month
Delinq 2 Months
Delinq 3+ Months
Bankruptcy
Foreclosure
REO
Group 1 ARM
Group 1 ARM
Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
25-Jul-07
4,419
947,979,497
1
88,833
0
0
0
0
0
0
0
0
0
0
25-Jul-07
99.98%
99.99%
0.02%
0.01%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Distribution
Date
Current
Delinq 1 Month
Delinq 2 Months
Delinq 3+ Months
Bankruptcy
Foreclosure
REO
Group 2 - Total
Group 2 - Total
Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
25-Jul-07
1,201
158,318,852
1
88,833
0
0
0
0
0
0
0
0
0
0
25-Jul-07
99.92%
99.94%
0.08%
0.06%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Distribution
Date
Current
Delinq 1 Month
Delinq 2 Months
Delinq 3+ Months
Bankruptcy
Foreclosure
REO
Group 2 Fixed
Group 2 Fixed
Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part I (as of Cut-Off)
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
Count
Balance
25-Jul-07
3,218
789,660,646
0
0
0
0
0
0
0
0
0
0
0
0
25-Jul-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%
Distribution
Date
Current
Delinq 1 Month
Delinq 2 Months
Delinq 3+ Months
Bankruptcy
Foreclosure
REO
Group 2 ARM
Group 2 ARM
Delinquency Balances are Exclusive of REO, Foreclosures and Bankruptcies.
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
25-Jul-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-Jul-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%
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)
- - - - - - - - - - - In Foreclosure and Delinquent - - - - - - - - - - - - -
- - - - - - - - - - - - - - - In REO and Delinquent - - - - - - - - - - - - - -
- - - - - - - - - - - - - In Bankruptcy and Delinquent - - - - - - - - - - - - -
Distribution
Date
Current
31-60 Days
61-90 Days
90 + Days
Current
31-60 Days
61-90 Days
90 + Days
Total (All Loans)
Total (All Loans)
61-90 Days
90 + Days
Current
31-60 Days
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
25-Jul-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-Jul-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%
- - - - - - - - - - - In Foreclosure and Delinquent - - - - - - - - - - - - -
- - - - - - - - - - - - - - - In REO and Delinquent - - - - - - - - - - - - - -
- - - - - - - - - - - - - In Bankruptcy and Delinquent - - - - - - - - - - - - -
31-60 Days
61-90 Days
Distribution
Date
Current
31-60 Days
61-90 Days
90 + Days
Group 1 - Total
Group 1 - Total
90 + Days
Current
31-60 Days
61-90 Days
90 + Days
Current
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
25-Jul-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-Jul-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%
- - - - - - - - - - - In Foreclosure and Delinquent - - - - - - - - - - - - -
- - - - - - - - - - - - - - - In REO and Delinquent - - - - - - - - - - - - - -
- - - - - - - - - - - - - In Bankruptcy and Delinquent - - - - - - - - - - - - -
Distribution
Date
Current
31-60 Days
61-90 Days
90 + Days
Current
31-60 Days
61-90 Days
90 + Days
Group 1 Fixed
Group 1 Fixed
61-90 Days
90 + Days
Current
31-60 Days
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
25-Jul-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-Jul-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%
- - - - - - - - - - - In Foreclosure and Delinquent - - - - - - - - - - - - -
- - - - - - - - - - - - - - - In REO and Delinquent - - - - - - - - - - - - - -
- - - - - - - - - - - - - In Bankruptcy and Delinquent - - - - - - - - - - - - -
31-60 Days
61-90 Days
Distribution
Date
Current
31-60 Days
61-90 Days
90 + Days
Group 1 ARM
Group 1 ARM
90 + Days
Current
31-60 Days
61-90 Days
90 + Days
Current
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
25-Jul-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-Jul-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%
- - - - - - - - - - - In Foreclosure and Delinquent - - - - - - - - - - - - -
- - - - - - - - - - - - - - - In REO and Delinquent - - - - - - - - - - - - - -
- - - - - - - - - - - - - In Bankruptcy and Delinquent - - - - - - - - - - - - -
Distribution
Date
Current
31-60 Days
61-90 Days
90 + Days
Current
31-60 Days
61-90 Days
90 + Days
Group 2 - Total
Group 2 - Total
61-90 Days
90 + Days
Current
31-60 Days
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
25-Jul-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-Jul-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%
- - - - - - - - - - - In Foreclosure and Delinquent - - - - - - - - - - - - -
- - - - - - - - - - - - - - - In REO and Delinquent - - - - - - - - - - - - - -
- - - - - - - - - - - - - In Bankruptcy and Delinquent - - - - - - - - - - - - -
31-60 Days
61-90 Days
Distribution
Date
Current
31-60 Days
61-90 Days
90 + Days
Group 2 Fixed
Group 2 Fixed
90 + Days
Current
31-60 Days
61-90 Days
90 + Days
Current
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Part II (as of Cut-Off)
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
#
Balance
25-Jul-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-Jul-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%
- - - - - - - - - - - In Foreclosure and Delinquent - - - - - - - - - - - - -
- - - - - - - - - - - - - - - In REO and Delinquent - - - - - - - - - - - - - -
- - - - - - - - - - - - - In Bankruptcy and Delinquent - - - - - - - - - - - - -
Distribution
Date
Current
31-60 Days
61-90 Days
90 + Days
Current
31-60 Days
61-90 Days
90 + Days
Group 2 ARM
Group 2 ARM
61-90 Days
90 + Days
Current
31-60 Days
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
Insurance
Substitution
Liquidation
Remaining Term
#
Balance
#
Balance
Proceeds
Proceeds
Proceeds
#
Amount
Life
Coupon
Remit
25-Jul-07
7,548
1,595,434,207
19
4,059,268
0.00
0.00
0.00
0
0
358
8.76%
8.26%
25-Jul-07
633
110,896,369
0
0
0.00
0.00
0.00
0
0
355
8.76%
8.26%
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary
Curr Weighted Avg.
Total (All Loans)
Group 1 Fixed
Distribution
Date
Ending Pool
Payoffs
Realized Losses
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary
Insurance
Substitution
Liquidation
Remaining Term
#
Balance
#
Balance
Proceeds
Proceeds
Proceeds
#
Amount
Life
Coupon
Remit
25-Jul-07
2,495
536,469,508
6
1,197,693
0.00
0.00
0.00
0
0
358
8.69%
8.19%
25-Jul-07
1,202
158,407,684
1
50,895
0.00
0.00
0.00
0
0
354
9.16%
8.66%
Curr Weighted Avg.
Group 1 ARM
Group 2 Fixed
Distribution
Date
Ending Pool
Payoffs
Realized Losses
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary
Insurance
Substitution
Liquidation
Remaining Term
#
Balance
#
Balance
Proceeds
Proceeds
Proceeds
#
Amount
Life
Coupon
Remit
25-Jul-07
3,218
789,660,646
12
2,810,679
0.00
0.00
0.00
0
0
358
8.72%
8.22%
Curr Weighted Avg.
Group 2 ARM
Distribution
Date
Ending Pool
Payoffs
Realized Losses
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
4001405522
175,000.00
174,976.19
174,976.19
7.80%
5,459.26
4001415281
85,000.00
84,947.97
84,947.97
8.45%
1,195.80
4001365443
67,500.00
67,465.00
67,465.00
9.25%
2,496.21
4001439558
137,600.00
137,600.00
137,600.00
8.75%
4,816.00
4001424673
199,500.00
199,500.00
199,500.00
10.40%
2,766.40
4001336486
76,410.00
76,410.00
76,410.00
8.60%
1,528.20
Current Total
741,010.00
740,899.16
740,899.16
18,261.87
Cumulative Total
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Prepayment Premium Loan Detail for Current Period
Current Gross Rate
Prepayment Premium
Disclosure Control #
Original Principal
Balance
Beginning Principal
Balance
Payoff Amount
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
Total
0.00
0.00
0.00
0.00
0.00
0.00
0.00
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Historical Collateral Level REO Report
Total (All Loans)
Disclosure
Control #
REO Date
City
State
Property Type
Actual Balance
Scheduled
Balance
Recent
Appraisal Value
Appraisal
Date
Appraisal
Reduction
Amount
Date
Liquidated
Liquidation
Proceeds
Liquidation
Expenses
Realized Loss
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Historical Collateral Level REO Report
Total
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Realized Loss
Appraisal
Reduction
Amount
Date
Liquidated
Liquidation
Proceeds
Liquidation
Expenses
Group 1
Disclosure
Control #
REO Date
City
State
Property Type
Actual Balance
Scheduled
Balance
Recent
Appraisal Value
Appraisal
Date
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Historical Collateral Level REO Report
Total
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Realized Loss
Appraisal
Reduction
Amount
Date
Liquidated
Liquidation
Proceeds
Liquidation
Expenses
Group 2
Disclosure
Control #
REO Date
City
State
Property Type
Actual Balance
Scheduled
Balance
Recent
Appraisal Value
Appraisal
Date
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
SMM (Single Monthly Mortality)
Total
Current Period
0.26%
3-Month Average
0.26%
6-Month Average
0.26%
12-Month Average
0.26%
Average Since Cut-Off
0.26%
CPR (Conditional Prepayment Rate)
Total
Current Period
3.04%
3-Month Average
3.04%
6-Month Average
3.04%
12-Month Average
3.04%
Average Since Cut-Off
3.04%
PSA (Public Securities Association)
Total
Current Period
51%
3-Month Average
51%
6-Month Average
51%
12-Month Average
51%
Average Since Cut-Off
51%
SMM
Single Monthly Mortality
(Partial and Full Prepayments + Repurchases + Curtailments + Liquidations + Other Prin Proceeds) / (Beginning Collateral Bal - Scheduled Prin)
CPR
Conditional Prepayment Rate
1 - (1 - SMM)^12)
PSA
Public Securities Association
100 * CPR / (0.2 * MIN(30,WAS))
WAS
Weighted Average Seasoning
(Original Term - Remaining Term) * (Current Scheduled Balance / Deal Scheduled Principal Balance)
Distribution Date: 25-Jul-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%
Aug-06
Sep-06
Oct-06
Nov-06
Dec-06
Jan-07
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
0.00%
14.29%
28.57%
42.86%
57.14%
71.43%
85.71%
100.00%
Aug-06
Sep-06
Oct-06
Nov-06
Dec-06
Jan-07
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
0%
229%
457%
686%
914%
1143%
1371%
1600%
Aug-06
Sep-06
Oct-06
Nov-06
Dec-06
Jan-07
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
Min
Max
Count
% of Total
Balance
% of Total
Min
Max
Count
% of Total
Balance
% of Total
33,000
to
78,000
759
10.06%
47,986,140
3.01%
33,000
to
78,000
760
10.04%
48,062,077
3.00%
78,000
to
96,000
665
8.81%
57,853,524
3.63%
78,000
to
96,000
667
8.81%
58,032,358
3.63%
96,000
to
114,000
659
8.73%
69,501,238
4.36%
96,000
to
114,000
661
8.74%
69,734,800
4.36%
114,000
to
132,000
622
8.24%
76,767,884
4.81%
114,000
to
132,000
623
8.23%
76,927,475
4.81%
132,000
to
150,000
589
7.80%
83,298,214
5.22%
132,000
to
150,000
588
7.77%
83,159,783
5.20%
150,000
to
166,000
474
6.28%
74,771,095
4.69%
150,000
to
166,000
479
6.33%
75,561,716
4.72%
166,000
to
216,000
1,180
15.63%
223,084,518
13.98%
166,000
to
216,000
1,182
15.62%
223,532,768
13.97%
216,000
to
266,000
771
10.21%
184,763,496
11.58%
216,000
to
266,000
771
10.19%
184,814,950
11.55%
266,000
to
316,000
491
6.51%
142,302,033
8.92%
266,000
to
316,000
494
6.53%
143,212,110
8.95%
316,000
to
366,000
349
4.62%
118,835,928
7.45%
316,000
to
366,000
350
4.63%
119,200,649
7.45%
366,000
to
416,000
232
3.07%
90,656,044
5.68%
366,000
to
416,000
233
3.08%
91,048,056
5.69%
416,000
to
1,279,000
757
10.03%
425,614,090
26.68%
416,000
to
1,279,000
759
10.03%
426,713,283
26.67%
7,548
100.00%
1,595,434,207
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%
to
7.55%
754
9.99%
203,958,679
12.78%
5.25%
to
7.55%
755
9.98%
204,372,371
12.77%
7.55%
to
7.81%
463
6.13%
116,754,635
7.32%
7.55%
to
7.81%
464
6.13%
116,967,731
7.31%
7.81%
to
8.08%
583
7.72%
143,624,036
9.00%
7.81%
to
8.08%
583
7.70%
143,672,474
8.98%
8.08%
to
8.34%
478
6.33%
111,804,948
7.01%
8.08%
to
8.34%
481
6.36%
112,420,403
7.03%
8.34%
to
8.61%
726
9.62%
170,724,454
10.70%
8.34%
to
8.61%
729
9.63%
171,076,527
10.69%
8.61%
to
8.90%
858
11.37%
180,397,032
11.31%
8.61%
to
8.90%
859
11.35%
180,589,206
11.29%
8.90%
to
9.19%
596
7.90%
123,884,884
7.76%
8.90%
to
9.19%
596
7.88%
123,920,430
7.75%
9.19%
to
9.48%
687
9.10%
133,067,614
8.34%
9.19%
to
9.48%
688
9.09%
133,174,039
8.32%
9.48%
to
9.78%
752
9.96%
139,863,558
8.77%
9.48%
to
9.78%
753
9.95%
140,195,625
8.76%
9.78%
to
10.08%
580
7.68%
103,169,020
6.47%
9.78%
to
10.08%
581
7.68%
103,570,109
6.47%
10.08%
to
10.39%
292
3.87%
49,947,373
3.13%
10.08%
to
10.39%
295
3.90%
50,912,031
3.18%
10.39%
to
13.41%
779
10.32%
118,237,975
7.41%
10.39%
to
13.41%
783
10.35%
119,129,079
7.45%
7,548
100.00%
1,595,434,207
100.00%
7,567
100.00%
1,600,000,024
100.00%
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Mortgage Loan Characteristics Part I
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
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
5,713
1,326,130,153
83.12%
358.47
8.71%
5,731
1,330,493,346
83.16%
360.00
8.71%
1,835
269,304,053
16.88%
354.49
9.00%
1,836
269,506,678
16.84%
356.04
9.00%
7,548
1,595,434,207
100.00%
7,567
1,600,000,024
100.00%
5,696
1,131,404,097
70.92%
357.74
8.78%
5,709
1,134,639,062
70.91%
359.27
8.78%
1,103
287,504,599
18.02%
357.96
8.71%
1,107
288,321,644
18.02%
359.48
8.71%
379
101,186,708
6.34%
358.42
8.62%
380
101,555,177
6.35%
360.00
8.61%
336
64,739,634
4.06%
357.02
8.81%
337
64,882,337
4.06%
358.68
8.81%
34
10,599,169
0.66%
358.09
8.50%
34
10,601,804
0.66%
360.00
8.50%
7,548
1,595,434,207
100.00%
7,567
1,600,000,024
100.00%
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Total (All Loans)
Distribution Date: 25-Jul-07
Mortgage Loan Characteristics Part II
Distribution by Product Characteristics (Current)
Product Type
# of
Loans
Ending Balance
% of
Balance
WAMM
WAC
Adjustable
Fixed 1st Lien
Total
Distribution by Product Characteristics (Cut-off)
Product Type
# of Loans
Original Principal
Balance
% of
Balance
WAMM
WAC
Adjustable
Fixed 1st Lien
Total
Multifamily
Condo - Low Facility
Distribution by Property Types (Current)
Property Type
# of
Loans
Ending Balance
% of
Balance
WAMM
WAC
SF Unattached Dwelling
PUD
Condo - High Facility
SF Unattached Dwelling
PUD
Distribution by Property Types (Cut-off)
Property Type
# of Loans
Ending Balance
% of
Balance
WAMM
WAC
Multifamily
Condo - Low Facility
Condo - High Facility
Total
Total
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Mortgage Loan Characteristics Part II
7,072
1,518,568,638
95.18%
357.86
8.77%
7,085
1,522,219,612
95.14%
359.40
8.77%
434
67,219,990
4.21%
357.01
8.44%
440
68,131,016
4.26%
358.55
8.43%
42
9,645,579
0.60%
352.85
8.81%
42
9,649,396
0.60%
354.70
8.81%
7,548
1,595,434,207
100.00%
7,567
1,600,000,024
100.00%
3,688
772,268,041
48.40%
358.28
8.91%
3,701
775,086,368
48.44%
359.81
8.91%
3,242
702,863,644
44.05%
357.41
8.63%
3,247
704,226,421
44.01%
358.94
8.63%
618
120,302,522
7.54%
356.89
8.52%
619
120,687,236
7.54%
358.57
8.51%
7,548
1,595,434,207
100.00%
7,567
1,600,000,024
100.00%
Owner Occupied - Primary Residence
Owner Occupied - Primary Residence
Occupancy Type
# of
Loans
Ending Balance
% of
Balance
WAMM
WAC
Non-Owner Occupied
Non-Owner Occupied
Owner Occupied - Secondary Residence
Owner Occupied - Secondary Residence
% of
Balance
WAMM
WAC
Purchase
Purchase
# of Loans
Ending Balance
Refinance/Equity Takeout
Refinance/Equity Takeout
Refinance/No Cash Out
Refinance/No Cash Out
Total
Total
Distribution by Occupancy Type (Current)
Total (All Loans)
Total
Distribution by Occupancy Type (Cut-off)
Occupancy Type
# of Loans
Ending Balance
% of
Balance
WAMM
WAC
Total
Distribution by Loan Purpose (Current)
Loan Purpose
# of
Loans
Ending Balance
% of
Balance
WAMM
WAC
Distribution by Loan Purpose (Cut-off)
Loan Purpose
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Mortgage Loan Characteristics Part II
7,548
1,595,434,207
100.00%
357.80
8.76%
7,567
1,600,000,024
100.00%
359.33
8.76%
WAMM
WAC
Originator
Distribution by Originator Concentration > 10% (Current)
Distribution by Originator Concentration > 10% (Cut-off)
Originator
# of
Loans
Ending Balance
% of
Balance
First Franklin Financial Corp
First Franklin Financial Corp
Total (All Loans)
WAC
# of Loans
Ending Balance
% of
Balance
WAMM
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
WAMM
WAC
California
714
287,058,295
17.99%
358
8.11%
Florida
768
171,934,786
10.78%
358
8.59%
Illinois
505
109,051,726
6.84%
358
9.07%
New York
362
102,124,194
6.40%
358
8.79%
Washington
305
78,300,792
4.91%
358
8.49%
Texas
546
77,591,899
4.86%
354
9.06%
Utah
267
54,474,971
3.41%
358
8.52%
New Jersey
164
48,053,047
3.01%
358
8.94%
Maryland
154
47,696,333
2.99%
358
8.88%
Arizona
231
47,643,398
2.99%
358
8.64%
Remaining
3,532
571,504,766
35.82%
358
9.07%
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%
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Geographic Concentration
Total (All Loans)
Top 10 Current State Concentration
Geographic Distribution
# of
Loans
Balance
(1)
% of
Balance
(1)
Based on Current Period Ending Principal Balance
Top 10 Original State Concentration
Geographic Distribution
# of
Loans
Balance
(1)
% of
Balance
Top 10 Current State Concentration
California
New York
Illinois
Florida
Arizona
Maryland
New Jersey
Utah
Texas
Washington
Remaining
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
Total (All Loans)
Current Total
Cumulative
B
C
L
O
P
REO
Settled
Third Party
R
X
T

1
2
3
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Current Period Realized Loss Detail
Disclosure Control #
Original Liquidation
Balance
Net Liquidation
Proceeds
Loss-Certs Non-
adjusted
Subsequent
Recov/(Exp)
Loss-Certs Adjusted
Loss Severity
Loan-to-Value
FICO
Lien Position
Liq Type
Occ Type
Liq. Type Code - Legend
BK Discharged
Charge-off
Retain Lien
Loan Sale
Paid in Full
Occ Type Code - Legend
Primary
Secondary
Investment
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
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-Jul-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
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Historical Realized Loss Summary
Total (All Loans)
- - - - - - - - - - - - - - - - - Current Realized Loss - - - - - - - - - - - - - - - - -
- - - - - - - - - - - - - - Previous Liquidations/Payoffs - - - - - - - - - - - - - -
Claims on Prior
Liquidations
Recovery on Prior
Liquidations
(Claims)/Recoveries on
Prior Payoffs
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Historical Realized Loss Summary
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-Jul-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
- - - - - - - - - - - - - - - - - Current Realized Loss - - - - - - - - - - - - - - - - -
- - - - - - - - - - - - - - Previous Liquidations/Payoffs - - - - - - - - - - - - - -
Claims on Prior
Liquidations
Recovery on Prior
Liquidations
(Claims)/Recoveries on
Prior Payoffs
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Historical Realized Loss Summary
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-Jul-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
- - - - - - - - - - - - - - - - - Current Realized Loss - - - - - - - - - - - - - - - - -
- - - - - - - - - - - - - - Previous Liquidations/Payoffs - - - - - - - - - - - - - -
Claims on Prior
Liquidations
Recovery on Prior
Liquidations
(Claims)/Recoveries on
Prior Payoffs
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
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)
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Total (All Loans)
Distribution Date: 25-Jul-07
Realized Loss Summary
0.00%
0.86%
1.71%
2.57%
3.43%
4.29%
5.14%
6.00%
Aug-06
Sep-06
Oct-06
Nov-06
Dec-06
Jan-07
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
0.00%
7.14%
14.29%
21.43%
28.57%
35.71%
42.86%
50.00%
Aug-06
Sep-06
Oct-06
Nov-06
Dec-06
Jan-07
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
0%
286%
571%
857%
1143%
1429%
1714%
2000%
Aug-06
Sep-06
Oct-06
Nov-06
Dec-06
Jan-07
Feb-07
Mar-07
Apr-07
May-07
Jun-07
Jul-07
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
Group
4001154989
Group 2 ARM
1,278,599.10
0.00
0.00
1,278,599.10
7.30%
7,778.14
7,778.14
6,392.99
1,385.15
4001404491
Group 1 ARM
310,344.09
156.69
0.00
310,187.40
8.60%
2,380.82
2,224.13
1,551.72
672.41
4001423934
Group 1 ARM
303,975.91
80.67
0.00
303,895.24
9.20%
2,411.15
2,330.48
1,519.88
810.60
Total
1,892,919.10
237.36
0.00
1,892,681.74
12,570.12
12,332.76
9,464.60
2,868.16
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Scheduled Interest Interest Received
Distribution Date: 25-Jul-07
Servicemembers Civil Relief Act
Relief Act Interest
Shortfall
Total (All Loans)
Disclosure Control #
Beginning
Balance
Scheduled
Principal
Unscheduled
Principal
Ending balance
Loan Rate
P&I Amount
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Material Breaches Detail
Disclosure Control
#
Loan Group #
Ending Principal
Balance
Material Breach
Date
Material Breach Description
Material breaches of pool asset representation or warranties or transaction covenants.
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Modified Loan Detail
Total (All Loans)
Disclosure Control
#
Loan Group #
Modified Maturity
Date
Cutoff Maturity
Date
Modification Description
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.
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Distribution Date: 25-Jul-07
Collateral Asset Changes
Disclosure Control
#
Beginning Principal Balance
Description
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
Substitution Code
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Adjusted for Principal
Distribution Date: 25-Jul-07
Substitution Detail History
- - - Loans Substituted Into Pool - - -
- - - - - - - - - - Loans Substituted Out of Pool - - - - - - - - - -
Investor #
Period
Beginning Principal Balance
Investor #
Period
Beginning Principal
Balance
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
First Franklin Mortgage Loan Trust
Mortgage Loan Asset-Backed Certificates
Series 2007-4
Difference Into vs. Out
Distribution Date: 25-Jul-07
Substitution Detail History Summary
- - - Loans Substituted Into Pool - - -
- - - Loans Substituted Out of Pool - - -
Period
Count
Beginning Principal Balance
Count
Beginning Principal Balance
Adjusted for Principal
23-Jul-2007 11:46
(c) 2007 LaSalle Bank N.A.
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