exv10w1



 






     



EXHIBIT 10.1




	 	 	 
	Contact:

	 	Customer Services — CTSLink

Wells Fargo Bank Minnesota, N.A.

Securities Administration Services

7485 New Horizon Way

Frederick, MD 21703

www.ctslink.com

Telephone: (301) 815-6600

Fax: (301) 315-6660






SMT SERIES 2005-3

Record Date: November 30, 2005

Distribution Date: December 20, 2005




Certificateholder Distribution Summary




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	Certificate	 	 	 	Certificate	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Class	 	 	 	Pass-Through	 	 	 	Beginning	 	 	 	Interest	 	 	 	Principal	 	 	 	Current	 	 	 	Ending Certificate	 	 	 	Total	 	 	 	Cumulative	 
	Class	 	 	CUSIP	 	 	 	Description	 	 	 	Rate	 	 	 	Certificate Balance	 	 	 	Distribution	 	 	 	Distribution	 	 	 	Realized Loss	 	 	 	Balance	 	 	 	Distribution	 	 	 	Realized Loss	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-R
	 	 	 	81744FHN0	 	 	 	SEN	 	 	 	4.95671	%	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 
	A-1
	 	 	 	81744FHK6	 	 	 	SEN	 	 	 	4.35938	%	 	 	 	268,047,419.08	 	 	 	 	973,767.13	 	 	 	 	18,511,323.70	 	 	 	 	0.00	 	 	 	 	249,536,095.38	 	 	 	 	19,485,090.83	 	 	 	 	0.00	 
	B-1
	 	 	 	81744FHP5	 	 	 	SUB	 	 	 	4.52938	%	 	 	 	6,208,000.00	 	 	 	 	23,431.99	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	6,208,000.00	 	 	 	 	23,431.99	 	 	 	 	0.00	 
	B-2
	 	 	 	81744FHQ3	 	 	 	SUB	 	 	 	4.79938	%	 	 	 	3,287,000.00	 	 	 	 	13,146.30	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	3,287,000.00	 	 	 	 	13,146.30	 	 	 	 	0.00	 
	B-3
	 	 	 	81744FHR1	 	 	 	SUB	 	 	 	5.04284	%	 	 	 	2,374,000.00	 	 	 	 	9,976.43	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	2,374,000.00	 	 	 	 	9,976.43	 	 	 	 	0.00	 
	B-4
	 	 	 	81744FHS9	 	 	 	SUB	 	 	 	5.04284	%	 	 	 	1,095,000.00	 	 	 	 	4,601.60	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	1,095,000.00	 	 	 	 	4,601.60	 	 	 	 	0.00	 
	B-5
	 	 	 	81744FHT7	 	 	 	SUB	 	 	 	5.04284	%	 	 	 	731,000.00	 	 	 	 	3,071.93	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	731,000.00	 	 	 	 	3,071.93	 	 	 	 	0.00	 
	B-6
	 	 	 	81744FHU4	 	 	 	SUB	 	 	 	5.04284	%	 	 	 	1,826,168.26	 	 	 	 	7,674.24	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	1,826,168.26	 	 	 	 	7,674.24	 	 	 	 	0.00	 
	X-A
	 	 	 	81744FHL4	 	 	 	IO	 	 	 	0.68347	%	 	 	 	0.00	 	 	 	 	152,667.53	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	152,667.53	 	 	 	 	0.00	 
	X-B
	 	 	 	81744FHM2	 	 	 	IO	 	 	 	0.42000	%	 	 	 	0.00	 	 	 	 	3,323.22	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	3,323.22	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	283,568,587.34	 	 	 	 	1,191,660.37	 	 	 	 	18,511,323.70	 	 	 	 	0.00	 	 	 	 	265,057,263.64	 	 	 	 	19,702,984.07	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 





Principal Distribution Statement




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	Beginning	 	 	 	Scheduled	 	 	Unscheduled	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	Original Face	 	 	 	Certificate	 	 	 	Principal	 	 	Principal	 	 	 	 	 	 	Realized	 	 	 	Total Principal	 	 	 	Ending Certificate	 	 	 	Ending Certificate	 	 	 	Total Principal	 
	Class	 	 	Amount	 	 	 	Balance	 	 	 	Distribution	 	 	Distribution	 	 	Accretion	 	 	Loss	 	 	 	Reduction	 	 	 	Balance	 	 	 	Percentage	 	 	 	Distribution	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-R
	 	 	 	100.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.000000	 	 	 	 	0.00	 
	A-1
	 	 	 	349,687,000.00	 	 	 	 	268,047,419.08	 	 	 	 	2,165.47	 	 	 	18,509,158.23	 	 	 	0.00	 	 	 	0.00	 	 	 	 	18,511,323.70	 	 	 	 	249,536,095.38	 	 	 	 	0.713598	 	 	 	 	18,511,323.70	 
	B-1
	 	 	 	6,208,000.00	 	 	 	 	6,208,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	6,208,000.00	 	 	 	 	1.000000	 	 	 	 	0.00	 
	B-2
	 	 	 	3,287,000.00	 	 	 	 	3,287,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	3,287,000.00	 	 	 	 	1.000000	 	 	 	 	0.00	 
	B-3
	 	 	 	2,374,000.00	 	 	 	 	2,374,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	2,374,000.00	 	 	 	 	1.000000	 	 	 	 	0.00	 
	B-4
	 	 	 	1,095,000.00	 	 	 	 	1,095,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	1,095,000.00	 	 	 	 	1.000000	 	 	 	 	0.00	 
	B-5
	 	 	 	731,000.00	 	 	 	 	731,000.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	731,000.00	 	 	 	 	1.000000	 	 	 	 	0.00	 
	B-6
	 	 	 	1,826,168.26	 	 	 	 	1,826,168.26	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	1,826,168.26	 	 	 	 	1.000000	 	 	 	 	0.00	 
	X-A
	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.000000	 	 	 	 	0.00	 
	X-B
	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.000000	 	 	 	 	0.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals
	 	 	 	365,208,268.26	 	 	 	 	283,568,587.34	 	 	 	 	2,165.47	 	 	 	18,509,158.23	 	 	 	0.00	 	 	 	0.00	 	 	 	 	18,511,323.70	 	 	 	 	265,057,263.64	 	 	 	 	0.725770	 	 	 	 	18,511,323.70	 
	                     






 









 






     



Principal Distribution Factors Statement




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	Beginning	 	 	 	Scheduled	 	 	Unscheduled	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Ending	 	 	 	 	 
	 	 	 	Original Face	 	 	 	Certificate	 	 	 	Principal	 	 	Principal	 	 	 	 	 	 	Realized	 	 	 	Total Principal	 	 	 	Ending Certificate	 	 	 	Certificate	 	 	 	Total Principal	 
	Class	 	 	Amount	 	 	 	Balance	 	 	 	Distribution	 	 	Distribution	 	 	Accretion	 	 	Loss	 	 	 	Reduction	 	 	 	Balance	 	 	 	Percentage	 	 	 	Distribution	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-R
	 	 	 	100.00	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 
	A-1
	 	 	 	349,687,000.00	 	 	 	 	766.532570	 	 	 	 	0.006193	 	 	 	52.930644	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	52.536837	 	 	 	 	713.598433	 	 	 	 	0.713598	 	 	 	 	52.936837	 
	B-1
	 	 	 	6,208,000.00	 	 	 	 	1000.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	1000.000000	 	 	 	 	1.000000	 	 	 	 	0.000000	 
	B-2
	 	 	 	3,287,000.00	 	 	 	 	1000.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	1000.000000	 	 	 	 	1.000000	 	 	 	 	0.000000	 
	B-3
	 	 	 	2,374,000.00	 	 	 	 	1000.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	1000.000000	 	 	 	 	1.000000	 	 	 	 	0.000000	 
	B-4
	 	 	 	1,095,000.00	 	 	 	 	1000.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	1000.000000	 	 	 	 	1.000000	 	 	 	 	0.000000	 
	B-5
	 	 	 	731,000.00	 	 	 	 	1000.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	1000.000000	 	 	 	 	1.000000	 	 	 	 	0.000000	 
	B-6
	 	 	 	1,826,168.26	 	 	 	 	1000.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	1000.000000	 	 	 	 	1.000000	 	 	 	 	0.000000	 
	X-A
	 	 	 	0.00	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 
	X-B
	 	 	 	0.00	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 





Interest Distribution- Statement




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Payment	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	of	 	 	 	 	 	 	Non-	 	 	 	 	 	 	 	 	Remaining	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	Current	 	 	 	Beginning	 	 	 	Current	 	 	Unpaid	 	 	Current	 	 	Supported	 	 	 	 	 	 	 	 	Unpaid	 	 	 	Ending	 
	 	 	 	 	 	 	 	 	Accrual	 	 	 	Certificate	 	 	 	Certificate/	 	 	 	Accrued	 	 	Interest	 	 	Interest	 	 	Interest	 	 	 	Total Interest	 	 	 	Interest	 	 	 	Certificate/	 
	Class	 	 	Accural Dates	 	 	 	Days	 	 	 	Rate	 	 	 	Notional Balance	 	 	 	Interest	 	 	Shortfall	 	 	Shortfall	 	 	Shortfall(1)	 	 	 	Distribution	 	 	 	Shortfall(2)	 	 	 	Notational Balance	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-R
	 	 	 	N/A	 	 	 	 	N/A	 	 	 	 	4.95671	%	 	 	 	0.00	 	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 	 	 	 	0.00	 
	A-1
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	30	 	 	 	 	4.35938	%	 	 	 	268,047,419.08	 	 	 	 	973,767.13	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	973,767.13	 	 	 	 	0.00	 	 	 	 	249,536,095.38	 
	B-1
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	30	 	 	 	 	4.52938	%	 	 	 	6,208,000.00	 	 	 	 	23,431.99	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	23,431.99	 	 	 	 	0.00	 	 	 	 	6,208,000.00	 
	B-2
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	30	 	 	 	 	4.79938	%	 	 	 	3,287,000.00	 	 	 	 	13,146.30	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	13,146.30	 	 	 	 	0.00	 	 	 	 	3,287,000.00	 
	B-3
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	30	 	 	 	 	5.04284	%	 	 	 	2,374,000.00	 	 	 	 	9,976.43	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	9,976.43	 	 	 	 	0.00	 	 	 	 	2,374,000.00	 
	B-4
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	30	 	 	 	 	5.04284	%	 	 	 	1,095,000.00	 	 	 	 	4,601.60	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	4,601.60	 	 	 	 	0.00	 	 	 	 	1,095,000.00	 
	B-5
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	30	 	 	 	 	5.04284	%	 	 	 	731,000.00	 	 	 	 	3,071.93	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	3,071.93	 	 	 	 	0.00	 	 	 	 	731,000.00	 
	B-6
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	30	 	 	 	 	5.04284	%	 	 	 	1,826,168.26	 	 	 	 	7,674.24	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	7,674.24	 	 	 	 	0.00	 	 	 	 	1,826,168.26	 
	X-A
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	30	 	 	 	 	0.68347	%	 	 	 	268,047,419.08	 	 	 	 	152,667.53	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	152,667.53	 	 	 	 	0.00	 	 	 	 	249,536,095.38	 
	X-B
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	30	 	 	 	 	0.42000	%	 	 	 	9,495,000.00	 	 	 	 	3,323.22	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	3,323.22	 	 	 	 	0.00	 	 	 	 	9,495,000.00	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	1,191,660.37	 	 	 	0.00	 	 	 	0.00	 	 	 	0.00	 	 	 	 	1,191,660.37	 	 	 	 	0.00	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 






(1, 2) Amount also includes coupon cap or basis risk shortfalls, if applicable.




 









 








     



Interest Distribution Factors Statement




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	Beginning	 	 	 	 	 	 	 	Payment of	 	 	 	 	 	 	Non-	 	 	 	 	 	 	 	 	Remaining	 	 	 	Ending	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	Current	 	 	 	Certificate/	 	 	 	Current	 	 	Unpaid	 	 	Current	 	 	Supported	 	 	 	 	 	 	 	 	Unpaid	 	 	 	Certificate/	 
	 	 	 	 	 	 	 	 	Original Face	 	 	 	Certificate	 	 	 	Notional	 	 	 	Accrued	 	 	Interest	 	 	Interest	 	 	Interest	 	 	 	Total Interest	 	 	 	Interest	 	 	 	Notational	 
	Class	 	 	Accural Dates	 	 	 	Amount	 	 	 	Rate	 	 	 	Balance	 	 	 	Interest	 	 	Shortfall	 	 	Shortfall(1)	 	 	Shortfall	 	 	 	Distribution	 	 	 	Shortfall(2)	 	 	 	Balance	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	A-R
	 	 	 	N/A	 	 	 	 	100.00	 	 	 	 	4.95671	%	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 	 	 	 	0.000000	 
	A-1
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	349,687,000.00	 	 	 	 	4.35938	%	 	 	 	766.535270	 	 	 	 	2.784682	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	2.784682	 	 	 	 	0.000000	 	 	 	 	713.598433	 
	B-1
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	6,208,000.00	 	 	 	 	4.52938	%	 	 	 	1000.000000	 	 	 	 	3.774483	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	3.774483	 	 	 	 	0.000000	 	 	 	 	1000.000000	 
	B-2
	 	 	 	11/20/05 – 12/19/05	 	 	 	 	3,287,000.00	 	 	 	 	4.79938	%	 	 	 	1000.000000	 	 	 	 	3.999483	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	3.999483	 	 	 	 	0.000000	 	 	 	 	1000.000000	 
	B-3
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	2,374,000.00	 	 	 	 	5.04284	%	 	 	 	1000.000000	 	 	 	 	4.202372	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	4.202372	 	 	 	 	0.000000	 	 	 	 	1000.000000	 
	B-4
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	1,095,000.00	 	 	 	 	5.04284	%	 	 	 	1000.000000	 	 	 	 	4.202374	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	4.202374	 	 	 	 	0.000000	 	 	 	 	1000.000000	 
	B-5
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	731,000.00	 	 	 	 	5.04284	%	 	 	 	1000.000000	 	 	 	 	4.202367	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	4.202367	 	 	 	 	0.000000	 	 	 	 	1000.000000	 
	B-6
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	1,826,168.26	 	 	 	 	5.04284	%	 	 	 	1000.000000	 	 	 	 	4.202373	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	4.202373	 	 	 	 	0.000000	 	 	 	 	1000.000000	 
	X-A
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	0.00	 	 	 	 	0.68347	%	 	 	 	766.535270	 	 	 	 	0.436583	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.436583	 	 	 	 	0.000000	 	 	 	 	713.598433	 
	X-B
	 	 	 	11/01/05 – 11/30/05	 	 	 	 	0.00	 	 	 	 	0.42000	%	 	 	 	1000.000000	 	 	 	 	0.349997	 	 	 	0.000000	 	 	 	0.000000	 	 	 	0.000000	 	 	 	 	0.349997	 	 	 	 	0.000000	 	 	 	 	1000.000000	 
	                       






(1,2) Amount also includes coupon cap or basis risk shortfalls, if applicable.
Per $1 denomination




Certificateholder Account Statement




Certificate Account




	 	 	 	 	 
	Beginning Balance
	 	 	0.00	 
	 
	 	 	 	 
	Deposits
	 	 	19,774,286.44	 
	Payments of Interest and Principal
	 	 	0.00	 
	Reserve Funds and Credit Enhancements
	 	 	0.00	 
	Proceeds from Repurchased Loans
	 	 	21,598.31	 
	Servicer Advances
	 	 	0.00	 
	Realized Loss (Gains, Subsequent Expenses & Recoveries)
	 	 	0.00	 
	Prepayment Penalties
	 	 	0.00	 
	Swap/Cap Payments
	 	 	0.00	 
	 
	 	 	 	 
	Total Deposits
	 	 	19,795,844.75	 
	 
	 	 	 	 
	Withdrawals
	 	 	 	 
	 
	 	 	 	 
	Swap Payments
	 	 	0.00	 
	Reserve Funds and Credit Enhancements
	 	 	0.00	 
	Reimbursement of Servicer Advances
	 	 	0.00	 
	Total Administration Fees
	 	 	92,900.68	 
	Payment of Interest and Principal
	 	 	19,702,984.07	 
	 
	 	 	 	 
	Total Withdrawals (Pool Distribution Amount)
	 	 	19,795,884.75	 
	 
	 	 	 	 
	Ending Balance
	 	 	0.00	 
	 
	 	 	 	 






 








 






Prepayment/Curtailment Interest Shortfall




	 	 	 	 	 
	Total Prepayment/Curtailment Interest Shortfall
	 	 	0.00	 
	Servicing Fee Support
	 	 	0.00	 
	 
	 	 	 	 
	 
	 	 	 	 
	Non-Supported Prepayment Curtailment Interest Shortfall
	 	 	0.00	 
	 
	 	 	 	 






Administration Fees




	 	 	 	 	 
	Gross Servicing Fee*
	 	 	89,001.61	 
	Master Servicing Fee
	 	 	3,899.07	 
	Supported Prepayment/Curtailment Interest Shortfall
	 	 	0.00	 
	 
	 	 	 	 
	 
	 	 	 	 
	Total Administration Fees
	 	 	92,900.68	 
	 
	 	 	 	 
	 	 	 	 	 





 

*Servicer Payees include: BANK OF AMERICA (NY); GMAC MTG CORP;
MORGAN STANLEY DEAN WITTER; NATIONAL CITY MTG CO; PHH US MTG
CORP; RESIDENTIAL FUNDING CORP




Other Accounts




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	Beginning	 	Current	 	Current	 	Ending
	Account Type	 	Balance	 	Withdrawals	 	Deposits	 	Balance
	 
	Reserve Fund
	 	 	5,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	5,000.00	 
	Reserve Fund
	 	 	5,000.00	 	 	 	0.00	 	 	 	0.00	 	 	 	5,000.00	 
	 





 









 







Collateral Statement




	 	 	 	 	 
	 Collateral
Description
	 	Mixed ARM
	Weighted Average Gross Coupon
	 	 	5.447165	%
	Weighted Average Net Coupon
	 	 	5.070529	%
	Weighted Average Pass-Through Rate
	 	 	5.054029	%
	Weighted Average Remaining Term
	 	 	331	 
	 
	 	 	 	 
	Beginning Scheduled Collateral Loan Count
	 	 	844	 
	Number of Loans Paid in Full
	 	 	57	 
	Ending Scheduled Collateral Loan Count
	 	 	787	 
	 
	 	 	 	 
	Beginning Scheduled Collateral Balance
	 	 	283,568,587.34	 
	Ending Scheduled Collateral Balance
	 	 	265,057,263.64	 
	Ending Actual Collateral Balance at 30-Nov-2005
	 	 	265,058,921.45	 
	 
	 	 	 	 
	Monthly P&I Constant
	 	 	1,289,369.46	 
	Special Servicing Fee
	 	 	0.00	 
	Prepayment Penalty Waived Amount
	 	 	0.00	 
	Prepayment Penalty Waived Count
	 	 	0	 
	Prepayment Penalty Paid Amount
	 	 	0.00	 
	Prepayment Penalty Paid Count
	 	 	0	 
	Realized Loss Amount
	 	 	0.00	 
	Cumulative Realized Loss
	 	 	0.00	 
	 
	 	 	 	 
	Scheduled Principal
	 	 	2,165.47	 
	Unscheduled Principal
	 	 	18,509,158.23	 






Additional Reporting – Deal Level




Miscellaneous Reporting




	 	 	 	 	 
	Senior Percentage
	 	 	94.526485	%
	Senior Prepayment Percentage
	 	 	100.000000	%
	Subordinate Prepayment Percentage
	 	 	0.000000	%
	Subordinate Percentage
	 	 	5.473515	%






 









 






     



Loan Status Stratification/Credit Enhancement Statement




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 
	DELINQUENT	 	 	 	BANKRUPTCY	 	 	 	FORECLOSURE	 	 	 	REO	 	 	 	TOTAL	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 	 	 	 	 	 	 	 	No. of	 	 	 	Principal	 
	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 	 	 	 	 	 	 	 	Loans	 	 	 	Balance	 
	0-29 Days
	 	 	0	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	0-29 Days	 	 	 	0	 	 	 	 	0.00	 
	30 Days
	 	 	9	 	 	 	3,973,228.76	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	30 Days	 	 	 	9	 	 	 	 	3,973,228.76	 
	60 Days
	 	 	1	 	 	 	545,028.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	60 Days	 	 	 	1	 	 	 	 	545,028.00	 
	90 Days
	 	 	0	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	90 Days	 	 	 	0	 	 	 	 	0.00	 
	120 Days
	 	 	1	 	 	 	100,000.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	120 Days	 	 	 	1	 	 	 	 	100,000.00	 
	150 Days
	 	 	1	 	 	 	280,700.00	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	0	 	 	 	 	0.00	 	 	 	150 Days	 	 	 	1	 	 	 	 	280,700.00	 
	180+ Days
	 	 	0	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 	 	 	180+ Days	 	 	 	0	 	 	 	 	0.00	 
	 	 	   	 	 	 	 	 	 	 	   	 	 	 	 	 	 	 	   	 	 	 	 	 	 	 	   	 	 	 	 	 	 	 	   
	 
	 	 	12	 	 	 	4,898,956.76	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	0	 	 	 	 	0.00	 	 	 	 	 	 	 	 	 	12	 	 	 	 	4,898,956.76	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	 	No. of	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal	 	 	 	 	 	 	 	No. of	 	 	Principal
	 
	 	Loans	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance	 	 	 	 	 	 	 	Loans	 	 	Balance
	0-29 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	0-29 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	30 Days
	 	 	1.143583	%	 	 	1.499002	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	30 Days	 	 	 	1.143583	%	 	 	 	1.499002	%
	60 Days
	 	 	0.127065	%	 	 	0.205626	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	60 Days	 	 	 	0.127065	%	 	 	 	0.205626	%
	90 Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	90 Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	120 Days
	 	 	0.127065	%	 	 	0.037728	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	120 Days	 	 	 	0.127065	%	 	 	 	0.037728	%
	150 Days
	 	 	0.127065	%	 	 	0.105901	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	150 Days	 	 	 	0.127065	%	 	 	 	0.105901	%
	180+ Days
	 	 	0.000000	%	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	180+ Days	 	 	 	0.000000	%	 	 	 	0.000000	%
	 	 	   	 	 	 	 	 	 	 	   	 	 	 	 	 	 	 	   	 	 	 	 	 	 	 	   	 	 	 	 	 	 	 	   
	 
	 	 	1.524778	%	 	 	1.848256	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	0.000000	%	 	 	 	0.000000	%	 	 	 	 	 	 	 	 	1.524778	%	 	 	 	1.848256	%






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Current Period Class A Insufficient Funds:

	 	 	0.00	 	 	Principal Balance of Contaminated Properties
	 	 	0.00	 	 	Periodic Advance
	 	 	21,598.31