AC 7770 - Are Memory-knowledges the Essential Truths and Goods of Faith?

AC 7770 [1, 3]

It is believed that the memory-knowledges of truth and good
are the very truths and goods of faith;
but they are not.
It is the affections of truth and good that make faith,
and these flow into memory-knowledges,
as into their vessels.

. . . with the evil
the knowledges of good and truth are applied to evil uses,
and with the good
the knowledges of good and truth are applied to good uses;
the knowledges are the same,
but the application to uses
effects their quality with each person.
The case herein is like that of worldly riches,
which with one person are disposed for good uses,
with another for evil uses;
consequently riches are such with each person
as are the uses unto which they are disposed.
From this also it is evident that the same knowledges,
like the same riches,
which the evil had possessed,
can be with the good and serve for good uses.