MERRILL LYNCH MOR INV/FRST FRAN MOR LN AS BK CER SR 1997-FF3
15-15D, 1998-01-27
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                                  UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                     FORM 15


CERTIFICATION  AND NOTICE OF TERMINATION OF REGISTRATION  UNDER SECTION 12(g) OF
THE SECURITIES  EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.


                         Commission File Number 33-37569  

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

     250 Vesey Street, World Financial Center, North Tower, 10th Floor
          New York, New York  10281-1310      212/449-0357
     (Address, including zip code, and telephone number, including area code, of
                   registrant's principal executive offices)

            Mortgage Loan Asset Backed Certificates, Series 1997-FF3
            (Title of each class of securities covered by this Form)


                                      None
       (Titles of all other classes of securities for which a duty to file
                  reports under section 13(a) or 15(d) remains)

    Please  place  an X in  the  box(es)  to  designate,  the  appropriate  rule
provision(s) relied upon to terminate or suspend the duty to file reports:

  Rule 12g-4(a)(1)(i)                                 Rule 12h-3(b)(1)(i)     x
  Rule 12g-4(a)(1)(ii)                                Rule 12h-3(b)(1)(ii)
  Rule 12g-4(a)(2)(i)                                 Rule 12h-3(b)(2)(i)
  Rule 12g-4(a)(2)(ii)                                Rule 12h-3(b)(2)(ii)
                                                      Rule 15d-6

    Approximate  number of holders of record as of the  certification  or notice
date:  11

     Pursuant to the requirements of the Securities Exchange Act of 1934, Issuer
of the Mortgage Loan Asset Backed Certificates, Series 1997-FF3, has caused this
certification/notice  to be  signed  on  its  behalf  by  the  undersigned  duly
authorized person.

Date:  January 27, 1998                 By: /s/ Bill Marshall

                                         Vice President & Trust Officer
                                         Chase Bank of Texas, N.A., as Trustee






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