UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

~~FORM~~Form 8-K

CURRENT REPORT

~~PURSUANT~~Pursuant TO to ~~SECTION~~Section 13 ORor 15(d) OFof ~~THE~~the

~~SECURITIES~~Securities Exchange ~~EXCHANGE~~Act ~~ACT~~of OF 1934

Date of Report (Date of earliest event reported): August 26, 2005

~~27-Dec-05~~MORTGAGE ASSET SECURITIZATION TRANSACTIONS, INC.

~~MORTGAGE ASSET SECURITIZATION TRANSACTIONS, INC.~~ (as depositor under the Pooling and Servicing Agreement, ~~dated as of August 1, 2005, providing for the issuance of First Franklin Mortgage Loan Trust Mortgage Loan Asset-Backed Certificates, Series 2005-FF7)~~

~~Mortgage~~dated as ~~Asset~~of ~~Securitization~~August ~~Transactions~~1, ~~Inc.~~2005, providing for the issuance of

~~(Exact~~Mortgage ~~Name~~ Pass-Through ofCertificates, ~~Registrant~~Series ~~as Specified in its Charter~~2005-FF7)

Delaware	333-124678-03	06-1204982
(State or Other Jurisdiction Of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

Mortgage Asset Securitization Transactions Inc.

~~1285~~(Exact name ~~Avenue~~ of ~~the~~registrant ~~Americas~~as ~~New~~specified ~~York,~~in ~~New~~its ~~York(Address of PrincipalExecutive Offices~~charter) ~~10019 (Zip Code)~~

Registrant's telephone number, including area code: (212) 713-2000

Delaware	333-124678	06-1204982
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)

1285 Avenue of the Americas New York, New York	10019

Registrant’s telephone number, including area code: (212) 713-2000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~Item~~SECTION 1- ~~8.01 Other~~Registrant’s ~~Events.~~Business and Operations

~~On 27-Dec-05 a scheduled distribution was made from the Trust to holders of the Certificates~~Item 1. ~~The Trustee~~01 ~~has caused to be filed with the Commission, the Monthly Report dated 27~~ -~~Dec-05.~~ ~~The~~Entry ~~Monthly~~into ~~Report~~a isMaterial ~~filed~~Definitive ~~pursuant to and in accordance with (1) numerous no-action letters (2) current Commission policy in the area~~Agreement.

~~Item~~On 9 May 24, 2006, Mortgage Asset Securitization Transaction, Inc.~~01 Financial~~ ~~Statements~~(the “Depositor”) entered into Amendment No. 1 (the “Amendment”) to the Pooling and ~~Exhibits~~Servicing Agreement, dated as of August 1, 2005 (the “Pooling and Servicing Agreement”), by and among Mortgage Asset Securitization Transactions, Inc. as depositor (the “Depositor”), Countrywide Home Loans Servicing LP as servicer (the “Servicer”) and U.S. Bank National Association as trustee (the ATrustee@), relating to the First Franklin Mortgage Loan Trust, Mortgage Loan Asset-Backed Certificates, Series 2005-FF7. The full text of the Amendment is attached as Exhibit 4.2 to this Current Report on Form 8-K. Any terms used but not defined herein shall have the meanings set forth in the Pooling and Servicing Agreement.

~~(C)~~SECTION 9- ~~Exhibits~~Financial Statements and Exhibit

Exhibit No. 99.1

Item 9.01	Financial Statements and Exhibits

	(a)	Not applicable

	(b)	Not applicable

	(c)	Exhibits

Monthly Distribution Report dated: 27-Dec-05

Exhibit No.	Description
4.2	Amendment No. 1 to the Pooling and Servicing Agreement, dated as of August 1, 2005, by and among Mortgage Asset Securitization Transactions, Inc. as depositor (the “Depositor”), Countrywide Home Loans Servicing LP as servicer (the “Servicer”) and U.S. Bank National Association as trustee (the ATrustee@), relating to the Series 2005-FF7 Certificates.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the ~~Registrant~~ registrant has duly caused this report to be signed on its behalf by the undersigned ~~hereunto~~ thereunto duly authorized.

ByDated: ~~U.S.~~ June ~~Bank National Association~~1, ~~as Trustee for:~~2006

~~First~~MORTGAGE ~~Franklin~~ASSET ~~Mortgage~~SECURITIZATION ~~Loan~~TRANSACTIONS, ~~Trust~~INC. By: /s/ Glenn McIntyre Name: Glenn McIntyre Title: Director By: /s/ Vadim Khoper Name: Vadim Khoper Title: Associate Director

Mortgage Loan Asset-Backed Certificates,

Series 2005-FF7

By:

/s/ Shannon Rantz

Name:

Shannon Rantz

Title:

Vice President

Dated: 03-Jan-06

Index to Exhibits

Exhibit No. 99.1

Exhibit No.	Description	Sequentially Numbered Page
4.2	Amendment No. 1 to the Pooling and Servicing Agreement, dated as of August 1, 2005, by and among Mortgage Asset Securitization Transactions, Inc. as depositor (the “Depositor”), Countrywide Home Loans Servicing LP as servicer (the “Servicer”) and U.S. Bank National Association as trustee (the ATrustee@), relating to the Series 2005-FF7 Certificates.	6

Monthly Distribution Report dated: 27-Dec-05

Filing Compare · First Franklin Mortgage Loan Trust, Series 2005-FF7