8-K 1 ffm01ff2.txt DECEMBER 8K 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 26, 2001 FIRST FRANKLIN MORTGAGE LOAN TRUST Asset-Backed Certificates, Series 2001-FF2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-60904-02 Pooling and Servicing Agreement) (Commission (State or other File Number) 22-3844505 jurisdiction 22-3844504 of Incorporation) IRS EIN c/o Wells Fargo Bank Minnesota, N.A. 11000 Broken Land Parkway Columbia, MD 21044 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 Former name or former address, if changed since last report) ITEM 5. Other Events On December 26, 2001 a distribution was made to holders of FIRST FRANKLIN MORTGAGE LOAN TRUST, Asset-Backed Certificates, Series 2001-FF2 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with Item 601(a) of Regulation S-K Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset-Backed Certificates, Series 2001-FF2 Trust, relating to the December 26, 2001 distribution. 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. FIRST FRANKLIN MORTGAGE LOAN TRUST Asset-Backed Certificates, Series 2001-FF2 Trust By: Wells Fargo Bank Minnesota, N.A., as Trustee By: /s/ Beth Belfield, Officer By: Beth Belfield, Officer Date: 1/10/02 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Certificates, Series 2001-FF2 Trust, relating to the December 26, 2001 distribution. EX-99.1

~~Exhibit~~First ~~No.~~Franklin ~~Description~~Mortgage Loan Trust Asset-Backed Certificates Record Date: 11/30/01 Distribution Date: 12/26/01 FFM Series: 2001-FF2 Contact: Customer Service - CTSLink Wells Fargo Bank Minnesota, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-~~------~~6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-~~----------~~Through ~~4.1~~Certificate ~~Pooling~~Interest ~~and~~Principal ~~Servicing~~Class ~~Agreement~~CUSIP Description Rate Balance Distribution Distribution A1 32027NAH4 SEN 2.41000% 190,219,000.00 ~~dated~~471,161.90 as995,666.23 ofA2 ~~November~~32027NAJ0 SEN 2.41000% 190,219,000.00 471,161.90 1,092,149.51 ~~2001~~M1 32027NAK7 SUB 2.90000% 17,965,000.00 by53,545.68 ~~and~~0.00 ~~among~~M2 ~~Financial~~32027NAL5 ~~Asset~~SUB ~~Securities~~3.50000% ~~Corp~~13,738,000.00 as49,418.64 ~~Depositor~~0.00 M3 32027NAM3 SUB 3.88000% 9,511,000.00 ~~Option~~37,927.75 ~~One~~0.00 ~~Mortgage~~R1 ~~Corporation~~FFM1FF2R1 asRES ~~Master~~0.00000% ~~Servicer~~0.00 ~~and~~0.00 ~~Wells~~0.00 ~~Fargo~~R2 ~~Bank~~FFM1FF2R2 ~~Minnesota~~RES 0.00000% 0.00 0.00 0.00 C FFM01FF2C SUB 0.00000% 1,057,840.31 N1,598,404.A25 0.00 asP ~~Trustee~~FFM01FF2P SEN 0.00000% 100.00 51,168.20 ~~relating~~0.00 toDIV_CERT ~~the~~SEN ~~Series~~0.00000% ~~2001-FF2~~0.00 ~~Certificates~~397.71 0.00 Totals 422,709,940.31 2,733,186.03 2,087,815.74

~~Index~~Certificateholder toDistribution ~~Exhibits~~Summary ~~Sequentially~~(continued) ~~Exhibit~~Current ~~No.~~Ending ~~Description~~Cumulative ~~Numbered~~Realized ~~Page~~Certificate ~~-----------~~Total ~~-----------~~Realized ~~-------------~~Class ~~4.1~~Loss ~~Pooling~~Balance ~~and~~Distribution ~~Servicing~~Losses ~~Agreement~~A1 0.00 189,223,333.77 ~~dated~~1,466,828.13 as0.00 ofA2 70.00 ~~November~~189,126,850.49 1,563,311.41 ~~2001~~0.00 M1 0.00 17,965,000.00 by53,545.68 ~~and~~0.00 ~~among~~M2 ~~Financial~~0.00 ~~Asset~~13,738,000.00 ~~Securities~~49,418.64 ~~Corp~~0.00 asM3 ~~Depositor~~0.00 9,511,000.00 ~~Option~~37,927.75 ~~One~~0.00 ~~Mortgage~~R1 ~~Corporation~~0.00 as0.00 ~~Master~~0.00 ~~Servicer~~0.00 ~~and~~R2 ~~Wells~~0.00 ~~Fargo~~0.00 ~~Bank~~0.00 ~~Minnesota~~0.00 C 0.00 1,056,774.85 N1,598,404.A25 0.00 asP ~~Trustee~~0.00 100.00 51,168.20 ~~relating~~0.00 toDIV_CERT 0.00 0.00 397.71 0.00 Totals 0.00 420,621,059.11 4,821,001.77 0.00 All distributions required by the ~~Series~~Pooling ~~2001-FF2~~and ~~Certificates~~Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

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