SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 10-K

[X]      Annual  report  pursuant  to  Section  13 or  15(d)  of the Securities
         Exchange   Act  of  1934   for   the   period   from   March 20,  2000
         (Commencement of Operations) to December 31, 2000

[  ]     Transition report pursuant to Section 13 or 15(d) of the
         Securities Exchange Act of 1934 for the transition period from   to


                        Commission File Number  333-81429-14

                       MERRILL LYNCH MORTGAGE INVESTORS, INC.
             (Exact name of registrant as specified in its charter)

         Delaware                                          13-5674085
(State or other jurisdiction of                           I.R.S. Employer
incorporation or organization)                            Identification No.)

World Financial Center North Tower
250 Vesey Street, 10th Floor
New York, New York                                       10281-1310
(Address of principal executive offices)                (Zip Code)

Registrant's telephone number, including area code : (212) 449-1000

               MERRILL LYNCH MORTGAGE INVESTORS, INC.
 FIRST FRANKLIN MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 2000-FF1
       (Title of each class of securities covered by this Form)

Securities registered pursuant to Section 12(b) of the Act:  None
Securities registered pursuant to Section 12(g) of the Act:  None

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. Yes [X] No [ ]

Indicate by check mark if disclosure of delinquent  filers  pursuant to Item 405
of Regulation  S-K is not contained  herein,  and will not be contained,  to the
best of registrant's  knowledge,  in definitive proxy or information  statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [X]

Documents incorporated by reference:  None

                                   Page 1 of 5
             This report consists 9 of consecutively numbered pages.


<PAGE>

MERRILL LYNCH MORTGAGE INVESTORS, INC.
FIRST FRANKLIN MORTGAGE LOAN ASSET BACKED CERTIFICATES, SERIES 2000-FF1
-----------------------------------------------------------------------


PART I

Item 1.  Business

         Omitted.

Item 2.  Properties

         Omitted.

Item 3.  Legal Proceedings

The  Registrant is not aware of any material legal  proceeding  with respect to,
the Company, the Master Servicer or the Trustee, as related to the Trust.

Item 4.  Submission of Matters to a Vote of Security Holders

No  matter  was  submitted  to a vote  or  consent  of  Holders  of the  Offered
Certificates during the fiscal year covered by this report.


PART II

Item 5.  Market for Registrant's Common Equity and Related Stockholder Matters

The Trust does not issue stock. There is currently no established secondary
market for the Certificates.  As of  December  31,  2000,  the number
of holders  of each  Class  of  Offered  Certificates was 4.


Item 6.  Selected Financial Data

         Omitted.

Item 7.  Management's Discussion and Analysis of Financial condition and
         Results of Operations

         Omitted.

Item 8.  Financial Statements and Supplementary Data

         Omitted.

Item 9.  Changes in and Disagreements with Accountants on Accounting and
         Financial Disclosure

There was no change of  accountants  or  disagreement  with  accountants  on any
matter of accounting principles or practices or financial disclosure.

                                      -2-

<PAGE>

PART III

Item 10. Directors and Executive Officers of the Registrant

         Omitted.

Item 11. Executive Compensation

         Omitted.

Item 12. Security Ownership of Certain Beneficial Owners and Management

         Omitted.


Item 13. Certain Relationships and Related Transactions

No reportable transactions have occurred.


PART IV

Item 14. Exhibits, Financial Statement Schedules and Reports on Form 8-K

(a) The following documents are filed as part of this report:

    (1) Financial Statements:
         Omitted.

    (2)  Financial Statement Schedules:
         Omitted.

    (3)  Exhibits:

   Annual  Servicer  Statement of  Compliance,  filed as Exhibit 99.1 hereto.
   Annual Servicer Statement of Management, files as Exhibit 99.2 hereto,
   Annual Statement of  Independent  Accountants  Report for the Servicer,
           filed as Exhibit 99.3 hereto.

(b)   Reports on Form 8-K: The  following  Current  Reports on Form 8-K were
      filed by the Registrant during the last quarter of 2000.

      Current  Reports   on Form 8-K,   dated   October 20,  2000,  November 20,
     2000,  and  December  20,  2000,  were filed for the  purpose of filing the
     Monthly  Statement  sent to the  Holders of the  Offered  Certificates  for
     payments made on the same dates.  The items reported in such Current Report
     were Item 5 (Other Events).


(c)   Exhibits to this report are listed in Item (14)(a)(3) above.

                                      -3-
<PAGE>


SIGNATURE

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  registrant  has duly  caused  this report to be signed on its
behalf by the undersigned thereunto duly authorized.


                                    THE CHASE MANHATTAN BANK,
                                    not in its individual capacity but solely
                                    as Trustee under the Agreement referred
                                    to herein



Date:  December 26, 2001            By:  /s/Karen Schluter
                                    -----------------------------
                                    Karen Schluter
                                    Trust Officer



                                      -4-
<PAGE>


SUPPLEMENTAL  INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION
15(D) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO
SECTION 12 OF THE ACT.

The  registrant  has not sent an annual report or proxy material to its security
holders.  The registrant  will not be sending an annual report or proxy material
to its security holders subsequent to the filing of this form.

                                      -5-
<PAGE>


                                 EXHIBIT INDEX

Exhibit     Description

 99.1       Servicer's Annual Statement of Compliance
 99.2       Servicer's Annual Statement of Management
 99.3       Servicer's Annual Independent Accountant's Report



                                      -6-
<PAGE>




EXHIBIT 99.1 - Servicer's Annual Statement of Compliance

Litton Loan Serivcing , LP
5373 West Alabama, Suite 600
Houston, Texas  77056
Telephone:  713 960 9676
Fax:        713 966 8812

March 30, 2001

Karen Schluter
The Chase Manhattan Bank
450 West 33rd Street, 14th Floor
New York, New York  10001

Subject:  First Franklin Series 2000-FF1

To Whom It May Concern:

The  undersigned  officer of Litton Loan  Servicing LP (successor in interest to
Litton Loan Servicing,  Inc.) certifies that a review of the servicing  activity
for the year ended  December 31, 2000 has been  completed and that there were no
defaults or exceptions to the requirements of the subject  agreement between the
above-listed parties. Litton Loan Servicing LP hereby certifies that:

1. All ad  valorem  taxes  have been paid when due and  without  penalty  to the
Trust.

2. All  assessments and ground rents of whatsoever kind or nature have been paid
so as to prevent  their taking  priority to the  purchase  money lien or lien to
which the trust in entitled.

3. All  casualty  insurance  has been paid  without  lapse in coverage and in an
amount sufficient to prevent the application of a co-insurance clause.

4. In compliance with the terms of the agreement, flood insurance as required by
the National Flood Insurance Act of 1994, P.L.  103-325,  para. 511, of any, has
been maintained without lapse.

5. Errors and  Ommissions  Insurance is in forced in amounts  sufficient to meet
the requirements of Federal  National  Mortgage  Association,  Federal Home Loan
Mortgage Corporation and the terms of the subject agreement.

6. Litton Loan  Servicing LP has timely  filed the  required  IRS  informational
returns including the forms 1098,  1099(A),  and those required by code sections
6050(h)(j)(p) for the year ended December 31, 2000.

7. Litton Loan  Servicing LP has not committed any act or ommitted to act in any
manner that would cause the trust to lose the REMIC tax treatment or be taxed on
prohibited transaction.

8. All other terms and requirements of the Servicing Agreement between the above
parties  have  been  complied  with  except as noted on the  attachment  to this
letter, if any.

Sincerely,


/s/  Janice McClure
Senior Vice President
Litton Loan Servicing LP





                                      -7-



<PAGE>


EXHIBIT 99.2 - Servicer's Annual Report to Management


Litton Loan Serivcing , LP
5373 West Alabama, Suite 600
Houston, Texas  77056
Telephone:  713 960 9676
Fax:        713 966 8812


January 12, 2001



As of December 31, 2000,  Litton Loan  Servicing LP has complied in all material
respects with the minimum servicing  standards set forth in the Mortgage Bankers
Association  of  America's  Uniform  Single  Attestation  Program  for  Mortgage
Bankers. As of and for this same period,  Litton Loan Servicing LP had in effect
a fidelity bond in the mount of $10,000,000  and an errors and omissions  policy
in the amount of $10,000,000.

/s/ Larry B. Litton, Sr.
President and CEO

/s/ Janice McClure
Senior Vice President


                                      -8-

<PAGE>

EXHIBIT 99.3 - Servicer's Annual Independent Accountant's Report



DELOITTE & TOUCHE LLP
333 Clay Street, Suite 2300
Houston, Texas  77002-4196

Telephone:  713 982-2000
Fax:        713 982-2001
www.us.deloitte.com



INDEPENDENT AUDITORS' REPORT

To the Partners of
        Litton Loan Servicing LP:

We have examined  management's  assertion  about Litton Loan Servicing LP's (the
"Company")  compliance with the minimum  servicing  standards  identified in the
Mortgage Bankers Association of America's Uniform Single Attestation Program for
Mortgage Bankers as of and for the year ended December 31, 2000, included in the
accompanying  management assertion.  Management is responsible for the Company's
compliance with those minimum  servicing  standards.  Our  responsibility  is to
express an opinion on  management's  assertion  about the  Company's  compliance
based on our examination.

Our  examination  was  made in  accordance  with  standards  established  by the
American  Institute of Certified Public Accountants and,  accordingly,  included
examining, on a test basis, evidence about the Company's compliance with minimum
servicing  standards  and  performing  such other  procedures  as we  considered
necessary  in the  circumstances.  We believe  that our  examination  provides a
reasonable  basis for our  opinion.  Our  examination  does not  provide a legal
determination of the Company's compliance with the minimum servicing standards.

In our  opinion,  management's  assertion  that the  Company  complied  with the
aforementioned minimum servicing standards as of and for the year ended December
31, 2000 is fairly stated, in all material respects.


/s/  Deloitte & Touche, LLP


January 12, 2001




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