
                                      UNITED STATES
                           SECURITIES AND EXCHANGE COMMISSION
                                 Washington, D.C.  20549


                                        FORM 8-K


                     Current Report Pursuant To Section 13 or 15(d) of
                            the Securities Exchange Act of 1934

           Date of Report (Date of earliest event reported):  December 27, 2005
                          (Date of earliest event reported)

                            GS Mortgage Securities Corp
               (as Depositor under the Pooling and Servicing Agreement,
                 dated as November 1, 2005, providing for the issuance
                     of FFMLT Trust 2005-FF11 Mortgage Pass-Through
                        Certificates, Series 2005-FF11)
                 (Exact name of registrant as specified in charter)


                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-127620-08                         13-3387389
          (Commission File Number)        (I.R.S. Employer Identification No.)


               85 Broad Street
               New York, New York                        10004
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (212) 902-1000


          (Former name or former address, if changed since last report.)

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 8.01  Other Events

     Attached hereto is a copy of the Monthly Remittance Statements to the
     Certificateholders which was derived from the monthly information
     submitted by the Master Servicer of the Trust to the Trustee.


     Item 9.01 Financial Statements and Exhibits

     (c) Exhibits:

     Exhibit No. Description

     99.1 Monthly Remittance Statement to the Certificateholders dated as of
     December 27, 2005.

                                    Signatures

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


                                  Deutsche Bank National Trust Company,
                                  in its capacity as Trustee under the
                                  Pooling and Servicing Agreement on
                                  behalf of GS Mortgage Securities Corp,
                                  Registrant


          Date:  Dec 29, 2005               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

          99.1 Monthly Remittance Statement to the Certificateholders
          dated as of December 27, 2005.



FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				Goldman Sachs Mortgage Securities						1. Certificate Payment Report					2
				Goldman Sachs Mortgage Securities						2. Collection Account Report					6
										2. Collection Account Report					6
										3. Credit Enhancement Report					8
										4. Collateral Report					9
				Certificate Insurer(s)						5. Delinquency Report					12
				Certificate Insurer(s)						5. Delinquency Report					12
										6. REO Report					15

										7. Foreclosure Report					16
										8. Prepayment Report					17
										9. Prepayment Detail Report					20
										9. Prepayment Detail Report					20
										10. Realized Loss Report					21
										11. Realized Loss Detail Report					24
				Servicer(s)						11. Realized Loss Detail Report					24
				Servicer(s)						12. Triggers and Adj. Cert. Report					25
				National City Mortgage						12. Triggers and Adj. Cert. Report					25
				National City Mortgage						13. Additional Certificate Report					26
										13. Additional Certificate Report					26
										14. Other Related Information					27


				Underwriter(s)
				Goldman Sachs & Co.


										Total Number of Pages					27
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			November 01, 2005			Hang Luu
				Close Date:			November 22, 2005			Administrator
				First Distribution Date:			December 27, 2005			(714) 247-6000
										hang-thai.luu@db.com
										hang-thai.luu@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			December 27, 2005
										Factor Information:			(800) 735-7777
				Record Date:			November 30, 2005			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							December 23, 2005
							December 23, 2005

										https://www.tss.db.com/invr






Page 1 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution
Certificate Payment Report
Current Period Distribution -
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
	Class		Original		Principal						Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance


					(1)		(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)

A-1	FLT/STEP/AF	$	240,920,000.00		240,920,000.00		1,031,920.92		1,600,434.62		2,632,355.54		0.00		0.00		239,319,565.38
A-1	FLT/STEP/AF	$	240,920,000.00		240,920,000.00		1,031,920.92		1,600,434.62		2,632,355.54		0.00		0.00		239,319,565.38
A-2A	FLT/STEP/AF	$	162,968,000.00		162,968,000.00		675,851.16		1,310,926.27		1,986,777.43		0.00		0.00		161,657,073.73
A-2B	FLT/STEP/AF	$	65,054,000.00		65,054,000.00		274,847.82		0.00		274,847.82		0.00		0.00		65,054,000.00
A-2C	FLT/STEP/AF	$	62,808,000.00		62,808,000.00		269,022.45		0.00		269,022.45		0.00		0.00		62,808,000.00
A-2D	FLT/STEP/AF	$	71,578,000.00		71,578,000.00		313,545.54		0.00		313,545.54		0.00		0.00		71,578,000.00
M-1	FLT/STEP/AF	$	46,612,000.00		46,612,000.00		208,261.19		0.00		208,261.19		0.00		0.00		46,612,000.00
M-2	FLT/STEP/AF	$	15,412,000.00		15,412,000.00		69,160.09		0.00		69,160.09		0.00		0.00		15,412,000.00
M-3	FLT/STEP/AF	$	21,803,000.00		21,803,000.00		101,442.73		0.00		101,442.73		0.00		0.00		21,803,000.00
M-4	FLT/STEP/AF	$	9,398,000.00		9,398,000.00		44,182.88		0.00		44,182.88		0.00		0.00		9,398,000.00
M-5	FLT/STEP/AF	$	9,773,000.00		9,773,000.00		50,981.68		0.00		50,981.68		0.00		0.00		9,773,000.00
M-6	FLT/STEP/AF	$	6,766,000.00		6,766,000.00		37,268.83		0.00		37,268.83		0.00		0.00		6,766,000.00
B-1	FLT/STEP/AF	$	5,263,000.00		5,263,000.00		30,269.13		0.00		30,269.13		0.00		0.00		5,263,000.00
B-2	FLT/STEP/AF	$	4,887,000.00		4,887,000.00		31,670.08		0.00		31,670.08		0.00		0.00		4,887,000.00
B-3	FLT/STEP/AF	$	7,518,000.00		7,518,000.00		48,720.19		0.00		48,720.19		0.00		0.00		7,518,000.00
X	EXE	$	21,050,971.25		21,050,971.25		391,318.03		258.45		391,576.48		0.00		0.00		21,050,712.80
P	EXE	$	0.00		0.00		37,886.84		0.00		37,886.84		0.00		0.00		0.00
R-1	EXE	$	50.00		50.00		0.00		50.00		50.00		0.00		0.00		0.00
R-2	EXE	$	100.00		100.00		0.00		100.00		100.00		0.00		0.00		0.00
R-3	EXE	$	50.00		50.00		0.00		50.00		50.00		0.00		0.00		0.00
C	EXE	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			751,811,171.25		751,811,171.25		3,616,349.56		2,911,819.34		6,528,168.90		0.00		0.00		748,899,351.91
Total





Page 2 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution

Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current
									Orig. Principal		Prior							Current
	Period		Period						(with Notional)		Principal						Total	Principal
	Period		Period
Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1	11/22/05		12/26/05		A-Act/360		362341YA1		240,920,000.00		1,000.000000		4.283251		6.643013		10.926264	993.356987
A-2A	11/22/05		12/26/05		A-Act/360		362341YB9		162,968,000.00		1,000.000000		4.147140		8.044072		12.191212	991.955928
A-2B	11/22/05		12/26/05		A-Act/360		362341YC7		65,054,000.00		1,000.000000		4.224918		0.000000		4.224918	1,000.000000
A-2C	11/22/05		12/26/05		A-Act/360		362341YD5		62,808,000.00		1,000.000000		4.283251		0.000000		4.283251	1,000.000000
A-2D	11/22/05		12/26/05		A-Act/360		362341YE3		71,578,000.00		1,000.000000		4.380474		0.000000		4.380474	1,000.000000
M-1	11/22/05		12/26/05		A-Act/360		362341YF0		46,612,000.00		1,000.000000		4.467974		0.000000		4.467974	1,000.000000
M-2	11/22/05		12/26/05		A-Act/360		362341YG8		15,412,000.00		1,000.000000		4.487418		0.000000		4.487418	1,000.000000
M-3	11/22/05		12/26/05		A-Act/360		362341YH6		21,803,000.00		1,000.000000		4.652696		0.000000		4.652696	1,000.000000
M-4	11/22/05		12/26/05		A-Act/360		362341YJ2		9,398,000.00		1,000.000000		4.701307		0.000000		4.701307	1,000.000000
M-5	11/22/05		12/26/05		A-Act/360		362341YK9		9,773,000.00		1,000.000000		5.216584		0.000000		5.216584	1,000.000000
M-6	11/22/05		12/26/05		A-Act/360		362341YL7		6,766,000.00		1,000.000000		5.508252		0.000000		5.508252	1,000.000000
B-1	11/22/05		12/26/05		A-Act/360		362341YQ6		5,263,000.00		1,000.000000		5.751307		0.000000		5.751307	1,000.000000
B-2	11/22/05		12/26/05		A-Act/360		362341YR4		4,887,000.00		1,000.000000		6.480475		0.000000		6.480475	1,000.000000
B-3	11/22/05		12/26/05		A-Act/360		362341YS2		7,518,000.00		1,000.000000		6.480472		0.000000		6.480472	1,000.000000
X	11/22/05		12/24/05		A-30/360		362341YT0		21,050,971.25		1,000.000000		18.589072		0.012277		18.601350	999.987723
P	11/22/05		12/24/05		A-30/360		362341YU7		0.00		0.000000		0.000000		0.000000		0.000000	0.000000
R-1	11/22/05		12/24/05		A-30/360		362341YM5		50.00		1,000.000000		0.000000		1,000.000000		1,000.000000	0.000000
R-2	11/22/05		12/24/05		A-30/360		362341YN3		100.00		1,000.000000		0.000000		1,000.000000		1,000.000000	0.000000
R-3	11/22/05		12/24/05		F-30/360		362341YP8		50.00		1,000.000000		0.000000		1,000.000000		1,000.000000	0.000000
C	11/22/05		12/24/05		F-30/360		362341YV5		0.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 3 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution

Distribution to Date -
																	Current


	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1	240,920,000.00		1,031,920.92		1,402,849.52		197,585.10		1,600,434.62		2,632,355.54		0.00		0.00		239,319,565.38
A-2A	162,968,000.00		675,851.16		1,149,083.04		161,843.23		1,310,926.27		1,986,777.43		0.00		0.00		161,657,073.73
A-2B	65,054,000.00		274,847.82		0.00		0.00		0.00		274,847.82		0.00		0.00		65,054,000.00
A-2C	62,808,000.00		269,022.45		0.00		0.00		0.00		269,022.45		0.00		0.00		62,808,000.00
A-2D	71,578,000.00		313,545.54		0.00		0.00		0.00		313,545.54		0.00		0.00		71,578,000.00
M-1	46,612,000.00		208,261.19		0.00		0.00		0.00		208,261.19		0.00		0.00		46,612,000.00
M-2	15,412,000.00		69,160.09		0.00		0.00		0.00		69,160.09		0.00		0.00		15,412,000.00
M-3	21,803,000.00		101,442.73		0.00		0.00		0.00		101,442.73		0.00		0.00		21,803,000.00
M-4	9,398,000.00		44,182.88		0.00		0.00		0.00		44,182.88		0.00		0.00		9,398,000.00
M-5	9,773,000.00		50,981.68		0.00		0.00		0.00		50,981.68		0.00		0.00		9,773,000.00
M-6	6,766,000.00		37,268.83		0.00		0.00		0.00		37,268.83		0.00		0.00		6,766,000.00
B-1	5,263,000.00		30,269.13		0.00		0.00		0.00		30,269.13		0.00		0.00		5,263,000.00
B-2	4,887,000.00		31,670.08		0.00		0.00		0.00		31,670.08		0.00		0.00		4,887,000.00
B-3	7,518,000.00		48,720.19		0.00		0.00		0.00		48,720.19		0.00		0.00		7,518,000.00
X	21,050,971.25		391,318.03		226.55		31.91		258.45		391,576.48		0.00		0.00		21,050,712.80
P	0.00		37,886.84		0.00		0.00		0.00		37,886.84		0.00		0.00		0.00
R-1	50.00		0.00		43.83		6.17		50.00		50.00		0.00		0.00		0.00
R-2	100.00		0.00		87.65		12.35		100.00		100.00		0.00		0.00		0.00
R-3	50.00		0.00		43.83		6.17		50.00		50.00		0.00		0.00		0.00
C	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total	751,811,171.25		3,616,349.56		2,552,334.42		359,484.93		2,911,819.34		6,528,168.90		0.00		0.00		748,899,351.91



Page 4 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution

Interest Detail -
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or		Current
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or

	Through		(with Notional)		Accrued		Supported		Unpaid		Interest		Optimal		Deferred		Unpaid

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1	4.40563%		240,920,000.00		1,031,920.92		0.00		0.00		0.00		1,031,920.92		1,031,920.92		0.00
A-2A	4.26563%		162,968,000.00		675,851.16		0.00		0.00		0.00		675,851.16		675,851.16		0.00
A-2B	4.34563%		65,054,000.00		274,847.82		0.00		0.00		0.00		274,847.82		274,847.82		0.00
A-2C	4.40563%		62,808,000.00		269,022.45		0.00		0.00		0.00		269,022.45		269,022.45		0.00
A-2D	4.50563%		71,578,000.00		313,545.54		0.00		0.00		0.00		313,545.54		313,545.54		0.00
M-1	4.59563%		46,612,000.00		208,261.19		0.00		0.00		0.00		208,261.19		208,261.19		0.00
M-2	4.61563%		15,412,000.00		69,160.09		0.00		0.00		0.00		69,160.09		69,160.09		0.00
M-3	4.78563%		21,803,000.00		101,442.73		0.00		0.00		0.00		101,442.73		101,442.73		0.00
M-4	4.83563%		9,398,000.00		44,182.88		0.00		0.00		0.00		44,182.88		44,182.88		0.00
M-5	5.36563%		9,773,000.00		50,981.68		0.00		0.00		0.00		50,981.68		50,981.68		0.00
M-6	5.66563%		6,766,000.00		37,268.83		0.00		0.00		0.00		37,268.83		37,268.83		0.00
B-1	5.71175%		5,263,000.00		29,225.90		0.00		0.00		0.00		29,225.90		30,269.13		0.00
B-2	5.71175%		4,887,000.00		27,137.94		0.00		0.00		0.00		27,137.94		31,670.08		0.00
B-3	5.71175%		7,518,000.00		41,748.11		0.00		0.00		0.00		41,748.11		48,720.19		0.00
X	20.27899%		21,050,971.25		0.00		-3,174,597.24		0.00		0.00		3,174,597.24		391,318.03		2,783,279.21
P	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		37,886.84		0.00
R-1	0.00000%		50.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-2	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-3	0.00000%		50.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
C	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			751,811,171.25		3,174,597.24		-3,174,597.24		0.00		0.00		6,349,194.48		3,616,349.56		2,783,279.21



Page 5 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
										Group 2		Group 1		Total
Principal Collections										1,311,132.70		1,600,686.64		2,911,819.34
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										1,311,132.70		1,600,686.64		2,911,819.34
Interest Collections										2,303,071.12		#######		3,860,809.88
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts										0.00		37,886.84		-180,483.57
Interest Fees										-36,941.75		-27,035.01		-63,976.75
TOTAL NET INTEREST										2,266,129.37		1,568,590.59		3,834,719.97
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										3,577,262.07		3,169,277.23		6,528,168.91



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											187,325.78		172,159.15		359,484.93
Prepayments In Full											1,234,069.19		1,521,875.86		2,755,945.05
Curtailments											-110,262.27		-93,348.37		-203,610.64
Liquidations											0.00		0.00		0.00
Insurance Principal													0.00		0.00
Repurchased Principal Amounts											0.00		0.00		0.00
Other Principal													0.00		0.00
Total Realized Loss Of Principal											-0.00		-0.00		-0.00
Delinquent Principal											-147,305.97		-134,961.20		-282,267.17
Advanced Principal											147,305.97		134,961.20		282,267.17
TOTAL PRINCIPAL COLLECTED											1,311,132.70		1,600,686.64		2,911,819.34


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS
PRINCIPAL - OTHER ACCOUNTS
										Group 2		Group 1		Total
TOTAL OTHER ACCOUNTS PRINCIPAL										0.00		0.00		0.00





Page 6 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										2,455,650.66		1,656,692.55		4,112,343.21
Liquidation Interest										0.00		0.00		0.00
Repurchased Interest										0.00		0.00		0.00
Insurance Interest										0.00		0.00		0.00
Other Interest										0.00		0.00		0.00
Relief Act Interest Shortfalls										-0.00		-0.00		-0.00
Prepayment Interest Shortfalls										-4,271.73		-4,951.17		-9,222.90
Compensating Interest										4,271.73		4,951.17		9,222.90
Delinquent Interest										-1,994,955.67		-1,311,838.04		-3,306,793.71
Interest Advanced										1,842,376.12		1,212,884.26		3,055,260.38
TOTAL INTEREST COLLECTED										2,303,071.12		1,557,738.76		3,860,809.88


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
										Group 2		Group 1		Total
Nonrecoverable Advances
TOTAL INTEREST WITHDRAWALS										0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
										Group 2		Group 1		Total
Prepayment Charges														37,886.84
SWAP Payment Received from GSMS														2,885,044.18
SWAP Amount Paid to GSMS														-3,103,414.58
TOTAL INTEREST OTHER ACCOUNTS										0.00		37,886.84		-180,483.57



INTEREST - FEES
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										35,586.95		26,134.37		61,721.32
Current Trustee Fees										1,354.80		900.63		2,255.43
TOTAL INTEREST OTHER FEES										36,941.75		27,035.01		63,976.75




Page 7 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution
Credit Enhancement Report

ACCOUNTS


RESERVE

Deposits						12,547.45
Releases						0.00
Withdrawals						12,547.45




INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
										Group 2		Group 1		Total
Overcollateralization Amount														21,050,712.80
Overcollateralization Target Amount														21,050,712.80
Overcollateralization Deficiency Amount														0.00
Overcollateralization Release Amount														0.00



Page 8 of 27
FFMLT Trust 2005-FF11

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Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										2,120		2,372		4,492
Prior										2,120		2,372		4,492
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-5		-10		-15
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										2,115		2,362		4,477
Principal Balance:


Original										451,599,584.56		300,211,586.69		751,811,171.25
Prior										451,599,584.56		300,211,586.69		751,811,171.25
Prefunding										0.00		0.00		0.00
Scheduled Principal										-187,325.78		-172,159.15		-359,484.93
Partial Prepayments										(110,262.27)		(93,348.37)		(203,610.64)
Full Voluntary Prepayments										-1,234,069.19		-1,521,875.86		-2,755,945.05
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										450,288,451.86		298,610,900.05		748,899,351.91





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 9 of 27
FFMLT Trust 2005-FF11

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Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										6.52521%		6.62210%		6.56390%
Weighted Average Coupon Prior										6.52521%		6.62210%		6.56390%
Weighted Average Coupon Current										6.52521%		6.62210%		6.56390%
Weighted Average Months to Maturity Original										356		355		356
Weighted Average Months to Maturity Prior										356		355		356
Weighted Average Months to Maturity Current										356		355		356
Weighted Avg Remaining Amortization Term Original										356		355		356
Weighted Avg Remaining Amortization Term Prior										356		355		356
Weighted Avg Remaining Amortization Term Current										356		355		356
Weighted Average Seasoning Original										3.09		3.09		3.09
Weighted Average Seasoning Prior										3.09		3.09		3.09
Weighted Average Seasoning Current										3.09		3.09		3.09









Page 10 of 27
FFMLT Trust 2005-FF11

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Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										5.39773%		5.43527%		5.41195%
Weighted Average Margin Prior										5.39773%		5.43527%		5.41195%
Weighted Average Margin Current										5.39773%		5.43527%		5.41195%
Weighted Average Max Rate Original										12.49949%		12.58055%		12.53019%
Weighted Average Max Rate Prior										12.49949%		12.58055%		12.53019%
Weighted Average Max Rate Current										12.49949%		12.58055%		12.53019%
Weighted Average Min Rate Original										6.49949%		6.58055%		6.53019%
Weighted Average Min Rate Prior										6.49949%		6.58055%		6.53019%
Weighted Average Min Rate Current										6.49949%		6.58055%		6.53019%
Weighted Average Cap Up Original										1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Prior										1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Current										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Original										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Prior										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Current										1.00000%		1.00000%		1.00000%




SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										35,586.95		26,134.37		61,721.32
Delinquent Servicing Fees										152,579.54		98,953.79		251,533.33
TOTAL SERVICING FEES										188,166.50		125,088.16		313,254.66


Compensating Interest										-4,271.73		-4,951.17		-9,222.90
Delinquent Servicing Fees										-152,579.54		-98,953.79		-251,533.33
COLLECTED SERVICING FEES										31,315.22		21,183.21		52,498.43


Aggregate Advances with respect to this Distribution										1,989,682.09		1,347,845.45		3,337,527.54





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Net Prepayment Interest Shortfall										0.00		0.00		0.00

Next LIBOR Rate														4.378750%
Current LIBOR Rate														4.165630%

Current SWAP LIBOR Rate														4.165630%
Next SWAP LIBOR Rate														4.378750%




Page 11 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				2,584,970.19		0.00		0.00		2,584,970.19
			% Balance				0.35%		0.00%		0.00%		0.35%
			# Loans				13		0		0		13
			% # Loans				0.29%		0.00%		0.00%		0.29%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		1,262,520.87		333,593.00		0.00		0.00		1,596,113.87
			% Balance		0.17%		0.04%		0.00%		0.00%		0.21%
			# Loans		9		1		0		0		10
			% # Loans		0.20%		0.02%		0.00%		0.00%		0.22%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		1,262,520.87		2,918,563.19		0.00		0.00		4,181,084.06
			% Balance		0.17%		0.39%		0.00%		0.00%		0.56%
			# Loans		9		14		0		0		23
			% # Loans		0.20%		0.31%		0.00%		0.00%		0.51%








Page 12 of 27
FFMLT Trust 2005-FF11

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Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				397,516.39		0.00		0.00		397,516.39
			% Balance				0.13%		0.00%		0.00%		0.13%
			# Loans				4		0		0		4
			% # Loans				0.17%		0.00%		0.00%		0.17%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		405,000.69		0.00		0.00		0.00		405,000.69
			% Balance		0.14%		0.00%		0.00%		0.00%		0.14%
			# Loans		4		0		0		0		4
			% # Loans		0.17%		0.00%		0.00%		0.00%		0.17%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		405,000.69		397,516.39		0.00		0.00		802,517.08
			% Balance		0.14%		0.13%		0.00%		0.00%		0.27%
			# Loans		4		4		0		0		8
			% # Loans		0.17%		0.17%		0.00%		0.00%		0.34%










Page 13 of 27
FFMLT Trust 2005-FF11

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Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				2,187,453.80		0.00		0.00		2,187,453.80
			% Balance				0.49%		0.00%		0.00%		0.49%
			# Loans				9		0		0		9
			% # Loans				0.43%		0.00%		0.00%		0.43%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		857,520.18		333,593.00		0.00		0.00		1,191,113.18
			% Balance		0.19%		0.07%		0.00%		0.00%		0.26%
			# Loans		5		1		0		0		6
			% # Loans		0.24%		0.05%		0.00%		0.00%		0.28%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		857,520.18		2,521,046.80		0.00		0.00		3,378,566.98
			% Balance		0.19%		0.56%		0.00%		0.00%		0.75%
			# Loans		5		10		0		0		15
			% # Loans		0.24%		0.47%		0.00%		0.00%		0.71%









Page 14 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution
REO Report
Loan Number			Original		Stated				Current		State &

														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date




TOTAL


Page 15 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution
Foreclosure Report
Loan Number			Original		Stated				Current		State &

														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date




TOTAL


Page 16 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										5		10		15
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										5		10		15
Curtailments Amount										-110,262.27		-93,348.37		-203,610.64
Paid in Full Balance										1,234,069.19		1,521,875.86		2,755,945.05
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										1,123,806.92		1,428,527.49		2,552,334.41

Cumulative


Number of Paid in Full Loans										5		10		15
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										5		10		15
Paid in Full Balance										1,234,069.19		1,521,875.86		2,755,945.05
Repurchased Loans Balance										0.00		0.00		0.00
Curtailments Amount										-110,262.27		-93,348.37		-203,610.64
Total Prepayment Amount										1,123,806.92		1,428,527.49		2,552,334.41










Page 17 of 27
FFMLT Trust 2005-FF11

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Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

											Group 2		Group 1		Total



SMM										0.25%		0.48%		0.34%
3 Months Avg SMM										0.25%		0.48%		0.34%
12 Months Avg SMM										0.25%		0.48%		0.34%
Avg SMM Since Cut-off										0.25%		0.48%		0.34%


CPR										2.95%		5.57%		4.00%
3 Months Avg CPR										2.95%		5.57%		4.00%
12 Months Avg CPR										2.95%		5.57%		4.00%
Avg CPR Since Cut-off										2.95%		5.57%		4.00%


PSA										476.67%		900.95%		647.28%
3 Months Avg PSA Approximation										476.66%		900.95%		647.27%
12 Months Avg PSA Approximation										476.66%		900.95%		647.27%
Avg PSA Since Cut-off Approximation										476.66%		900.95%		647.27%










Page 18 of 27
FFMLT Trust 2005-FF11

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Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution






PREPAYMENT CALCULATION METHODOLOGY

Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.002min(30,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)(1-SMMn+1)...(1-SMMm)]^(1/months in period n,m) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m)) Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.













Page 19 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

4000411976 1			336,000.00		336,000.00			02-Nov-2005		6.250%		AZ - 80.00%		Paid Off - 360		01-Oct-2005
4000411976 1			336,000.00		336,000.00			02-Nov-2005		6.250%		AZ - 80.00%		Paid Off - 360		01-Oct-2005
4000421178 1			222,000.00		221,423.35			04-Nov-2005		6.750%		CA - 79.29%		Paid Off - 360		01-Oct-2005
4000434315 2			99,000.00		98,856.23			01-Nov-2005		7.625%		OR - 90.00%		Paid Off - 360		01-Oct-2005
4000436235 1			135,100.00		134,740.43			28-Nov-2005		6.625%		ME - 79.99%		Paid Off - 360		01-Oct-2005
4000438374 1			127,200.00		126,869.58			30-Nov-2005		6.750%		IL - 80.00%		Paid Off - 360		01-Oct-2005
4000440843 1			163,625.00		163,370.31			17-Nov-2005		7.375%		IA - 85.00%		Paid Off - 360		01-Oct-2005
4000444958 1			88,800.00		88,579.52			02-Nov-2005		6.625%		WI - 80.00%		Paid Off - 360		01-Oct-2005
4000448096 1			137,700.00		137,514.60			08-Nov-2005		8.000%		WI - 90.00%		Paid Off - 360		01-Oct-2005
4000449537 1			108,000.00		108,000.00			28-Nov-2005		6.625%		PA - 80.00%		Paid Off - 360		01-Oct-2005
4000455665 2			296,100.00		295,452.97			07-Nov-2005		7.625%		OR - 90.00%		Paid Off - 360		01-Oct-2005
4000464361 1			77,900.00		77,702.53			08-Nov-2005		6.875%		NC - 79.93%		Paid Off - 360		01-Oct-2005
4000468723 2			431,810.00		431,810.00			28-Nov-2005		6.625%		CA - 80.00%		Paid Off - 360		01-Oct-2005
4000479843 2			320,000.00		320,000.00			02-Nov-2005		7.500%		MD - 80.00%		Paid Off - 360		01-Oct-2005
4000481880 1			128,000.00		127,675.54			15-Nov-2005		6.875%		IL - 80.00%		Paid Off - 360		01-Oct-2005
4000484655 2			87,950.00		87,949.99			16-Nov-2005		7.500%		NC - 79.97%		Paid Off - 360		01-Oct-2005


TOTAL			2,759,185.00		2,755,945.05
TOTAL


Page 20 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



											Group 2		Group 1		Total


Current
Current



Number of Loans Liquidated										0		0		0
Collateral Principal Realized Loss/(Gain) Amount										0.00		0.00		0.00
Collateral Interest Realized Loss/(Gain) Amount										0.00		0.00		0.00
Net Liquidation Proceeds										0.00		0.00		0.00

Cumulative
Cumulative



Number of Loans Liquidated										0		0		0
Collateral Realized Loss/(Gain) Amount										0.00		0.00		0.00
Net Liquidation Proceeds										0.00		0.00		0.00










Page 21 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution


DEFAULT SPEEDS



											Group 2		Group 1		Total



MDR										0.00%		0.00%		0.00%
3 Months Avg MDR										0.00%		0.00%		0.00%
12 Months Avg MDR										0.00%		0.00%		0.00%
Avg MDR Since Cut-off										0.00%		0.00%		0.00%


CDR										0.00%		0.00%		0.00%
3 Months Avg CDR										0.00%		0.00%		0.00%
12 Months Avg CDR										0.00%		0.00%		0.00%
Avg CDR Since Cut-off										0.00%		0.00%		0.00%


SDA										0.00%		0.00%		0.00%
3 Months Avg SDA Approximation										0.00%		0.00%		0.00%
12 Months Avg SDA Approximation										0.00%		0.00%		0.00%
Avg SDA Since Cut-off Approximation										0.00%		0.00%		0.00%


Loss Severity Approximation for Current Period										0.00%		0.00%		0.00%
3 Months Avg Loss Severity Approximation										0.00%		0.00%		0.00%
12 Months Avg Loss Severity Approximation										0.00%		0.00%		0.00%
Avg Loss Severity Approximation Since Cut-off										0.00%		0.00%		0.00%












Page 22 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution





COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
	Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)



	Conditional Default Rate (CDR): 1-((1-MDR)^12)

	SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))

	Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)(1-MDRn+1)...*(1-MDRm)]^(1/months in period n,m)
	Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)

	Average SDA Approximation over period between the nth month and mth month:
	AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))

	Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
	Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

	Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)

	Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
	Dates correspond to distribution dates.




Page 23 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative
															Cumulative
&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized

Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)
Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)




TOTAL



Page 24 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
										Group 2		Group 1		Total
						Stepdown Date has occurred (0 = No, 1=Yes)								0
						Trigger Event - a) or b) in effect (0=No , 1=Yes)								0
						a) Does a Delinq Trig Event Exists (0=No,1=Yes)								0
						b) Does a Loss Trigger Event Exists (0=No,1=Yes)								0

						Balances 60+ days includes BK and FC								0.00
						Ending Balance								748,899,351.91
						Senior Enhancement Percentage								19.8268%
						Cumulative Loss Percentage								0.0000%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Net Monthly Excess Cashflow														391,318.03
Net Monthly Excess Cashflow Alloc to Losses														0.00
Net Monthly Excess Cashflow Alloc to Unpaid Int														0.00




Page 25 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

													NET WAC Shortfall CarryOver		NET WAC Shortfall Paid
CLASS

			A-1										$0.00		$0.00
													$0.00		$0.00
			A-2A										$0.00		$0.00
													$0.00		$0.00
			A-2B										$0.00		$0.00
													$0.00		$0.00
			A-2C										$0.00		$0.00
													$0.00		$0.00
			A-2D										$0.00		$0.00
													$0.00		$0.00
			M-1										$0.00		$0.00
													$0.00		$0.00
			M-2										$0.00		$0.00
													$0.00		$0.00
			M-3										$0.00		$0.00
													$0.00		$0.00
			M-4										$0.00		$0.00
													$0.00		$0.00
			M-5										$0.00		$0.00
													$0.00		$0.00
			M-6										$0.00		$0.00
													$0.00		$0.00
			B-1										$0.00		#######
													$0.00		#######
			B-2										$0.00		#######
													$0.00		#######
			B-3										$0.00		#######
													$0.00		#######




Page 26 of 27
FFMLT Trust 2005-FF11

Asset Backed Certificates
Asset Backed Certificates
2005-FF11

December 27, 2005 Distribution
Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
										Group 2		Group 1		Total
Current Scheduled Payments										2,642,976.45		1,828,851.70		4,471,828.14
Current Scheduled Payments 1 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 2 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 3 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 4 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 5 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 6 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 7 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 8 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 9 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 10 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 11 Month Prior										0.00		0.00		0.00


Sched. Payments for 60+Day Delinquent Loans										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 1 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 2 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 3 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 4 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 5 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 6 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 7 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 8 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 9 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 10 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 11 Month Prior										0.00		0.00		0.00




Page 27 of 27

FFMLT Trust 2005-FF11 8-K