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

                                   FORM 10-K

(Mark One)

[X]      ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934

         For the fiscal year ended:   December 31, 2005
                                      -----------------

                                      or

[  ]     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: 333-121378-03
                                             -------------

                CWHEQ Revolving Home Equity Loan Trust 2005-C,
         Revolving Home Equity Loan Asset Backed Notes, Series 2005-C
         ------------------------------------------------------------
            (Exact name of Registrant as specified in its charter)


              Delaware                                 87-0698310
------------------------------------      ------------------------------------
(State or other jurisdiction of           (I.R.S. Employer Identification No.)
incorporation or organization)

c/o      Countrywide Home Loans, Inc.
         4500 Park Granada
         Calabasas, California                              91302
----------------------------------------     ---------------------------------
(Address of principal executive offices)                 (Zip Code)

Registrant's telephone number, including area code:   (818) 225-3000
                                                      --------------

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

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



<PAGE>


     Indicate by check mark if the registrant is a well-known seasoned issuer,
as defined in Rule 405 of the Securities Act. [ ] Yes  [X] No

     Indicate by check mark if the registrant is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act. [ ] Yes [X] No

     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. [X] Yes [ ] No

     Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K (ss.229.405 of this chapter) 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]

     Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, or a non-accelerated filer. See definition of
"accelerated filer and large accelerated filer" in Rule 12b-2 of the Exchange
Act. (Check one):

Large accelerated filer [ ]  Accelerated filer [ ]   Non-accelerated filer [X]

     Indicate by check mark whether the registrant is a shell company (as
defined in Rule 12b-2 of the Act).  [  ] Yes  [X] No

     State the aggregate market value of the voting and non-voting common
equity held by non-affiliates computed by reference to the price at which the
common equity was last sold, or the average bid and asked price of such common
equity, as of the last business day of the registrant's most recently
completed second fiscal quarter. Not applicable


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<PAGE>


                      DOCUMENTS INCORPORATED BY REFERENCE

                                     None.

                                     * * *


         This Annual Report on Form 10-K (the "Report") is filed with respect
to the CWHEQ Revolving Home Equity Loan Trust, Series 2005-C (the "Trust"), a
statutory trust formed under the laws of the State of Delaware pursuant to the
trust agreement dated as of June 27, 2005 (the "Trust Agreement") between
CWHEQ, Inc., as depositor (the "Company"), and Wilmington Trust Company, as
owner trustee (the "Owner Trustee"), for the issuance of CWHEQ Revolving Home
Equity Loan Asset Backed Notes, Series 2005-C (the "Notes"), issued pursuant
to an Indenture, dated June 30, 2005 (the "Indenture"), between the Trust and
JPMorgan Chase Bank, N.A., as indenture trustee (the "Trustee"). The assets of
the Trust are comprised of assets sold to the Trust pursuant to a sale and
servicing agreement, dated June 30, 2005 (the "Sale and Servicing Agreement")
among the Company, as depositor, Countrywide Home Loans, Inc., as sponsor and
master servicer (the "Master Servicer"), the Trust and the Trustee, as
indenture trustee. Certain information otherwise required to be included in
this Report by the Instructions to Form 10-K has been omitted in reliance on
the relief granted by the Commission to other companies in similar
circumstances, in particular, the relief granted in CWMBS, Inc. (February 3,
1994) (collectively, the "Relief Letters").



                                      3

<PAGE>


                                    PART I


Item 1.        Business.

               Not applicable.  See the Relief Letters.

Item 1A.       Risk Factors.

               Not applicable.

Item 1B.       Unresolved Staff Comments.

               None.

Item 2.        Properties.

               Not applicable.  See the Relief Letters.

Item 3.        Legal Proceedings.

               There were no material pending legal proceedings relating to
               the Trust to which any of the Trust, the Trustee, the Owner
               Trustee, the Master Servicer or the Company was a party or
               of which any of their respective properties was the subject
               during the fiscal year covered by this Report other than
               ordinary routine litigation incidental to the duties of the
               Trust, the Trustee, the Owner Trustee, the Master Servicer
               or the Company, nor is the Company aware of any such
               proceedings contemplated by governmental authorities.

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

               No matter was submitted to a vote of Noteholders, and no
               Noteholder consent was solicited during the fiscal year
               covered by this Report.


                                     4
<PAGE>


                                   PART II


Item 5.        Market for Registrant's Common Equity, Related Stockholder
               Matters and Issuer Purchases of Equity Securities.

               (a)  Item 201 of Regulation S-K:

                    i.   Market Information. There is no established public
                         trading market for the Notes.

                    ii.  Holders. As of December 31, 2005 there were less than
                         300 holders of record of the Notes.

                    iii. Dividends. Not applicable. See the Relief Letters.
                         (Information as to distributions to Noteholders is
                         provided in the Registrant's monthly filings on Form
                         8-K.)

                    iv.  Securities Authorized for Issuance Under Equity
                         Compensation Plans. Not applicable.

                    Item 701 of Regulation S-K.  Not applicable.
                    --------------------------

               (b)  Rule 463 of the Securities Act of 1933. Not applicable.

               (c)  Item 703 of Regulation S-K. Not applicable as the
                    Registrant has no class of equity securities registered
                    pursuant to section 12 of the Securities Exchange Act of
                    1934.

Item 6.        Selected Financial Data.

               Not applicable.  See the Relief Letters.

Item 7.        Management's Discussion and Analysis of Financial Condition
               and Results of Operation.

               Not applicable.  See the Relief Letters.

Item 7A        Quantitative and Qualitative Disclosures about Market Risk.

               Not applicable.

Item 8.        Financial Statements and Supplementary Data.

               Not applicable.  See the Relief Letters.


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<PAGE>



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

               None.

Item 9A.       Controls and Procedures.

               Not applicable.


Item 9B.        Other Information.

                None.



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<PAGE>


                                   PART III


Item 10.       Directors and Executive Officers of the Registrant.

               Not applicable.  See the Relief Letters.

Item 11.       Executive Compensation.

               Not applicable.  See the Relief Letters.

Item 12.       Security Ownership of Certain Beneficial Owners, Management
               and Related Stockholder Matters.

               Information required by Item 201(d) of Regulation S-K: Not
               applicable.

               Information required by Item 403 of Regulation S-K:

               (a) Not applicable. See the Relief Letters.

               (b) Not applicable. See the Relief Letters.

               (c) Not applicable. See the Relief Letters.

Item 13.       Certain Relationships and Related Transactions.

               Not applicable.  See the Relief Letters.

Item 14.       Principal Accounting Fees and Services.

               Not applicable.



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<PAGE>


                                    PART IV


Item 15.       Exhibits and Financial Statement Schedules.

               (a)   (1)    Pursuant to the Sale and Servicing Agreement,
                            the Master Servicer is required (i) to deliver an
                            annual statement as to compliance with the
                            provisions of the Sale and Servicing Agreement and
                            certain other matters (the "Annual Statement of
                            the Master Servicer") and (ii) to cause a firm of
                            independent public accountants to deliver an
                            annual report as to compliance with the servicing
                            provisions of the Sale and Servicing Agreement
                            (the "Annual Report of the Firm of Accountants").
                            The Annual Statement of the Master Servicer is
                            attached as Exhibit 99.1 to this Report.  The
                            Annual Report of the Firm of Accountants is
                            attached as Exhibit 99.2 to this Report.  See
                            Relief Letters.

                       (2)  Not applicable.

                       (3)  The required exhibits are as follows:

                            o    Exhibit 3(i): Copy of Company's
                                 Certificate of Incorporation (Filed
                                 as an Exhibit to Registration
                                 Statement on Form S-3 (File No.
                                 333-121378)).

                            o    Exhibit 3(ii): Copy of Company's
                                 By-laws (Filed as an Exhibit to
                                 Registration Statement on Form S-3
                                 (File No. 333-121378)).

                            o    Exhibit 4(i): Sale and Servicing
                                 Agreement (Filed as part of the
                                 Registrant's Current Report on Form
                                 8-K filed on July 15, 2005).

                            o    Exhibit 4(ii): Indenture (Filed as
                                 part of the Registrant's Current
                                 Report on Form 8-K filed on July 15,
                                 2005).

                            o    Exhibit 31:  Rule 15d-14(a) Certification.

                            o    Exhibit 99.1:  Annual Statement of the Master
                                 Servicer.

                            o    Exhibit 99.2:  Annual Report of the Firm of
                                 Accountants.

                            o    Exhibit 99.3:  Audited Financial Statements
                                 of Financial Security Assurance Holdings Ltd.
                                 and subsidiaries.

                            o    Exhibit 99.5: Trust Agreement (Filed
                                 as part of the Registrant's Current
                                 Report on Form 8-K filed on July 15,
                                 2005).



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<PAGE>


               (b)  See subparagraph (a)(3) above.

               (c)  Not applicable. See the Relief Letters.


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<PAGE>


                                  SIGNATURES

         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.

                                CWHEQ, INC., REVOLVING HOME EQUITY LOAN TRUST,
                                SERIES 2005-C, REVOLVING HOME EQUITY LOAN
                                ASSET BACKED NOTES, SERIES 2005-C

                                By: Countrywide Home Loans, Inc.,
                                    as Master Servicer*




                                By:  /s/ Craig Baingo
                                    --------------------------------
                                    Name:  Craig Baingo
                                    Title: Executive Vice President, Finance

                                Date:  March 29, 2006









________________________

*    This Report is being filed by the Master Servicer on behalf of the Trust.
     The Trust does not have any officers or directors.



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<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.

         No such annual report, proxy statement, form of proxy or other
soliciting material has been, or will be, sent to Noteholders. See the Relief
Letters.



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<PAGE>





                                 EXHIBIT INDEX



Exhibit         Document


3(i)            Company's Certificate of Incorporation (Filed as an Exhibit
                to Registration Statement on Form S-3 (File No. 333-121378))*

3(ii)           Company's By-laws (Filed as an Exhibit to Registration
                Statement on Form S-3 (File No. 333-121378))*

4(i)            Sale and Servicing Agreement (Filed as part of the Company's
                Current Report on Form 8-K filed on July 15, 2005)*

4(ii)           Indenture (Filed as part of the Company's Current Report on
                Form 8-K filed on July 15, 2005)*

31              Rule 15d-14(a) Certification

99.1            Annual Statement of the Master Servicer

99.2            Annual Report of the Firm of Accountants

99.3            Audited financial statements for the year ended December 31,
                2005 for Financial Security Assurance Holdings Ltd. and
                subsidiaries**

99.5            Trust Agreement (Filed as part of the Registrant's Current
                Report on Form 8-K filed on July 15, 2005)*






_____________________

*        Incorporated herein by reference.
**       Incorporation by reference to the consolidated financial statements
         of Financial Security Assurance Holdings Ltd. and subsidiaries as of
         December 31, 2005 and 2004, and for each of the years in the
         three-year period ended December 31, 2005, which report appears in
         the Annual Report on Form 10-K of Financial Security Assurance
         Holdings Ltd., which was filed with the Securities and Exchange
         Commission on March 29, 2006 (Securities and Exchange Commission
         File No. 001-12644).



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