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


                                 FORM 8-K


                 Current Report Pursuant To Section 13 or 15(d) of
                          the Securities Exchange Act of 1934

           Date of Report (Date of earliest event reported):  June 27, 2005
                          (Date of earliest event reported)

              Financial Asset Securities Corp. (as Depositor under the
               Pooling and Servicing Agreement, dated as March 1, 2005,
                providing for the issuance of Fremont Home Loan Trust
                Series 2005-1 Asset-Backed Certificates, Series 2005-1)
                 (Exact name of registrant as specified in charter)

                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-121661-07                          06-1442101
          (Commission File Number)        (I.R.S. Employer Identification No.)


               600 Steamboat Road
               Greenwich, Connecticut                    06830
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (203) 625-2700


         (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any
of the following provisions (see General Instruction A.2. below):

[  ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act
(17 CFR 240.14a-12(b))

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))


     Item 8.01  Other Events

     Attached hereto is a copy of the Monthly Remittance Statements to the
     Certificateholders which was derived from the monthly information
     submitted by the Master Servicer of the Trust to the Trustee.


     Item 9.01 Financial Statements and Exhibits

     (c) Exhibits:

     Exhibit No. Description

     99.1 Monthly Remittance Statement to the Certificateholders dated as of
     June 27, 2005.

                                    Signatures

               Pursuant to the requirements of the Securities Exchange Act of
          1934, the Registrant has duly caused this report to be signed on its
          behalf by the undersigned, hereunto duly authorized.

                                  Deutsche Bank National Trust Company,
                                  in its capacity as Trustee under the
                                  Pooling and Servicing Agreement on
                                  behalf of Financial Asset Securities
                                  Corp., Registrant


          Date:  Jun 30, 2005               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

          99.1 Monthly Remittance Statement to the Certificateholders
          dated as of June 27, 2005.



Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				Greenwich Capital Financial Products, In						1. Certificate Payment Report					2
				Greenwich Capital Financial Products, In						2. Collection Account Report					6
										2. Collection Account Report					6
										3. Credit Enhancement Report					8
										4. Collateral Report					9
				Certificate Insurer(s)						5. Delinquency Report					12
				Certificate Insurer(s)						5. Delinquency Report					12
										6. REO Report					15

										7. Foreclosure Report					16
										8. Prepayment Report					17
										9. Prepayment Detail Report					20
										9. Prepayment Detail Report					20
										10. Realized Loss Report					25
										11. Realized Loss Detail Report					28
				Servicer(s)						11. Realized Loss Detail Report					28
				Servicer(s)						12. Triggers and Adj. Cert. Report					29
				Litton Loan Servicing						12. Triggers and Adj. Cert. Report					29
				Litton Loan Servicing						13. Additional Certificate Report					30
										13. Additional Certificate Report					30


				Underwriter(s)
				Greenwich Capital Markets


										Total Number of Pages					30
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			March 01, 2005			Eiko Akiyama
				Close Date:			March 29, 2005			Administrator
				First Distribution Date:			April 25, 2005			(714) 247-6328

										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92514
				Distribution Date:			June 27, 2005
										Factor Information:			(800) 735-7777
				Record Date:			May 31, 2005			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							June 24, 2005
							June 24, 2005

										https://www.tss.db.com/invr






Page 1 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC III
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
	Class		Original		Principal						Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance


					(1)		(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)

I-A1	SR	$	753,440,000.00		737,401,229.42		2,244,157.74		37,069,134.18		39,313,291.92		0.00		0.00		700,332,095.24
I-A1	SR	$	753,440,000.00		737,401,229.42		2,244,157.74		37,069,134.18		39,313,291.92		0.00		0.00		700,332,095.24
I-A2	SR	$	188,360,000.00		184,350,307.35		571,178.70		9,267,283.55		9,838,462.25		0.00		0.00		175,083,023.80
II-A1	SR	$	195,000,000.00		182,707,866.21		534,268.25		14,837,260.62		15,371,528.87		0.00		0.00		167,870,605.59
II-A2	SR	$	304,200,000.00		304,200,000.00		911,839.50		0.00		911,839.50		0.00		0.00		304,200,000.00
II-A3	SR	$	31,734,000.00		31,734,000.00		99,486.09		0.00		99,486.09		0.00		0.00		31,734,000.00
M-1	MEZ,FLT	$	108,162,000.00		108,162,000.00		350,985.69		0.00		350,985.69		0.00		0.00		108,162,000.00
M-2	MEZ,FLT	$	80,155,000.00		80,155,000.00		262,307.24		0.00		262,307.24		0.00		0.00		80,155,000.00
M-3	MEZ,FLT	$	37,663,000.00		37,663,000.00		124,287.90		0.00		124,287.90		0.00		0.00		37,663,000.00
M-4	MEZ,FLT	$	34,766,000.00		34,766,000.00		120,145.50		0.00		120,145.50		0.00		0.00		34,766,000.00
M-5	MEZ,FLT	$	40,561,000.00		40,561,000.00		141,287.48		0.00		141,287.48		0.00		0.00		40,561,000.00
M-6	MEZ,FLT	$	31,869,000.00		31,869,000.00		112,763.15		0.00		112,763.15		0.00		0.00		31,869,000.00
M-7	MEZ,FLT	$	26,075,000.00		26,075,000.00		102,539.94		0.00		102,539.94		0.00		0.00		26,075,000.00
M-8	MEZ,FLT	$	24,143,000.00		24,143,000.00		98,262.01		0.00		98,262.01		0.00		0.00		24,143,000.00
M-9	MEZ,FLT	$	19,315,000.00		19,315,000.00		90,120.57		0.00		90,120.57		0.00		0.00		19,315,000.00
B-1	SUB, FLT, S	$	12,554,000.00		12,554,000.00		72,959.67		0.00		72,959.67		0.00		0.00		12,554,000.00
B-2	SUB, FLT, S	$	19,315,000.00		19,315,000.00		112,252.34		0.00		112,252.34		0.00		0.00		19,315,000.00
B-3	SUB, FLT, S	$	14,486,000.00		14,486,000.00		84,187.80		0.00		84,187.80		0.00		0.00		14,486,000.00
C	EXE	$	9,657,569.42		9,657,278.35		4,383,785.06		0.00		4,383,785.06		0.00		0.00		9,657,278.35
P	R	$	100.00		100.00		669,896.12		0.00		669,896.12		0.00		0.00		100.00
R	R	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-X	R	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			1,931,455,669.42		1,899,114,781.33		11,086,710.75		61,173,678.35		72,260,389.10		0.00		0.00		1,837,941,102.98
Total





Page 2 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution

Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current
									Orig. Principal		Prior							Current
	Period		Period						(with Notional)		Principal						Total	Principal
	Period		Period
Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
I-A1	05/25/05		06/26/05		A-Act/360		35729PHW3		753,440,000.00		978.712611		2.978549		49.199849		52.178398	929.512762
I-A2	05/25/05		06/26/05		A-Act/360		35729PHX1		188,360,000.00		978.712611		3.032378		49.199849		52.232227	929.512762
II-A1	05/25/05		06/26/05		A-Act/360		35729PHY9		195,000,000.00		936.963416		2.739837		76.088516		78.828353	860.874900
II-A2	05/25/05		06/26/05		A-Act/360		35729PHZ6		304,200,000.00		1,000.000000		2.997500		0.000000		2.997500	1,000.000000
II-A3	05/25/05		06/26/05		A-Act/360		35729PJA9		31,734,000.00		1,000.000000		3.135000		0.000000		3.135000	1,000.000000
M-1	05/25/05		06/26/05		A-Act/360		35729PJB7		108,162,000.00		1,000.000000		3.245000		0.000000		3.245000	1,000.000000
M-2	05/25/05		06/26/05		A-Act/360		35729PJC5		80,155,000.00		1,000.000000		3.272500		0.000000		3.272500	1,000.000000
M-3	05/25/05		06/26/05		A-Act/360		35729PJD3		37,663,000.00		1,000.000000		3.300000		0.000000		3.300000	1,000.000000
M-4	05/25/05		06/26/05		A-Act/360		35729PJE1		34,766,000.00		1,000.000000		3.455833		0.000000		3.455833	1,000.000000
M-5	05/25/05		06/26/05		A-Act/360		35729PJF8		40,561,000.00		1,000.000000		3.483333		0.000000		3.483333	1,000.000000
M-6	05/25/05		06/26/05		A-Act/360		35729PJG6		31,869,000.00		1,000.000000		3.538333		0.000000		3.538333	1,000.000000
M-7	05/25/05		06/26/05		A-Act/360		35729PJH4		26,075,000.00		1,000.000000		3.932500		0.000000		3.932500	1,000.000000
M-8	05/25/05		06/26/05		A-Act/360		35729PJJ0		24,143,000.00		1,000.000000		4.070000		0.000000		4.070000	1,000.000000
M-9	05/25/05		06/26/05		A-Act/360		35729PJK7		19,315,000.00		1,000.000000		4.665833		0.000000		4.665833	1,000.000000
B-1	05/25/05		06/26/05		A-Act/360		35729PJL5		12,554,000.00		1,000.000000		5.811667		0.000000		5.811667	1,000.000000
B-2	05/25/05		06/26/05		A-Act/360		35729PJM3		19,315,000.00		1,000.000000		5.811667		0.000000		5.811667	1,000.000000
B-3	05/25/05		06/26/05		A-Act/360		35729PJN1		14,486,000.00		1,000.000000		5.811666		0.000000		5.811666	1,000.000000
C	05/25/05		06/24/05		GC05F1101		9,657,569.42		999.969861		453.922190		0.000000		453.922190		999.969861
P	05/25/05		06/24/05		GC05F1102		100.00		1,000.000000		6,698,961.200000		0.000000		6,698,961.200000		1,000.000000
R	05/25/05		06/24/05		GC05F1103		0.00		0.000000		0.000000		0.000000		0.000000		0.000000
R-X	05/25/05		06/24/05		GC05F1104		0.00		0.000000		0.000000		0.000000		0.000000		0.000000




Page 3 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution

Distribution to Date - REMIC III
																	Current


	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
I-A1	753,440,000.00		6,007,325.99		51,496,664.58		1,611,240.18		53,107,904.76		59,115,230.75		0.00		0.00		700,332,095.24
I-A2	188,360,000.00		1,529,782.60		12,874,166.15		402,810.05		13,276,976.20		14,806,758.80		0.00		0.00		175,083,023.80
II-A1	195,000,000.00		1,462,423.89		26,193,133.36		936,261.05		27,129,394.41		28,591,818.30		0.00		0.00		167,870,605.59
II-A2	304,200,000.00		2,414,334.00		0.00		0.00		0.00		2,414,334.00		0.00		0.00		304,200,000.00
II-A3	31,734,000.00		263,762.43		0.00		0.00		0.00		263,762.43		0.00		0.00		31,734,000.00
M-1	108,162,000.00		931,455.09		0.00		0.00		0.00		931,455.09		0.00		0.00		108,162,000.00
M-2	80,155,000.00		696,279.77		0.00		0.00		0.00		696,279.77		0.00		0.00		80,155,000.00
M-3	37,663,000.00		329,990.65		0.00		0.00		0.00		329,990.65		0.00		0.00		37,663,000.00
M-4	34,766,000.00		319,383.66		0.00		0.00		0.00		319,383.66		0.00		0.00		34,766,000.00
M-5	40,561,000.00		375,662.46		0.00		0.00		0.00		375,662.46		0.00		0.00		40,561,000.00
M-6	31,869,000.00		299,940.42		0.00		0.00		0.00		299,940.42		0.00		0.00		31,869,000.00
M-7	26,075,000.00		273,439.83		0.00		0.00		0.00		273,439.83		0.00		0.00		26,075,000.00
M-8	24,143,000.00		262,233.22		0.00		0.00		0.00		262,233.22		0.00		0.00		24,143,000.00
M-9	19,315,000.00		241,179.96		0.00		0.00		0.00		241,179.96		0.00		0.00		19,315,000.00
B-1	12,554,000.00		195,988.87		0.00		0.00		0.00		195,988.87		0.00		0.00		12,554,000.00
B-2	19,315,000.00		301,539.34		0.00		0.00		0.00		301,539.34		0.00		0.00		19,315,000.00
B-3	14,486,000.00		226,150.60		0.00		0.00		0.00		226,150.60		0.00		0.00		14,486,000.00
C	9,657,569.42		9,067,566.87		270.15		20.93		291.07		9,067,857.94		0.00		0.00		9,657,278.35
P	100.00		1,226,776.22		0.00		0.00		0.00		1,226,776.22		0.00		0.00		100.00
R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-X	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total	1,931,455,669.42		26,425,215.87		90,564,234.24		2,950,332.21		93,514,566.44		119,939,782.31		0.00		0.00		1,837,941,102.98



Page 4 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution

Interest Detail - REMIC III
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or		Current
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or

	Through		(with Notional)		Accrued		Supported		Unpaid		Interest		Optimal		Deferred		Unpaid

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
I-A1	3.32000%		737,401,229.42		2,244,157.74		0.00		0.00		0.00		2,244,157.74		2,244,157.74		0.00
I-A2	3.38000%		184,350,307.35		571,178.70		0.00		0.00		0.00		571,178.70		571,178.70		0.00
II-A1	3.19000%		182,707,866.21		534,268.25		0.00		0.00		0.00		534,268.25		534,268.25		0.00
II-A2	3.27000%		304,200,000.00		911,839.50		0.00		0.00		0.00		911,839.50		911,839.50		0.00
II-A3	3.42000%		31,734,000.00		99,486.09		0.00		0.00		0.00		99,486.09		99,486.09		0.00
M-1	3.54000%		108,162,000.00		350,985.69		0.00		0.00		0.00		350,985.69		350,985.69		0.00
M-2	3.57000%		80,155,000.00		262,307.24		0.00		0.00		0.00		262,307.24		262,307.24		0.00
M-3	3.60000%		37,663,000.00		124,287.90		0.00		0.00		0.00		124,287.90		124,287.90		0.00
M-4	3.77000%		34,766,000.00		120,145.50		0.00		0.00		0.00		120,145.50		120,145.50		0.00
M-5	3.80000%		40,561,000.00		141,287.48		0.00		0.00		0.00		141,287.48		141,287.48		0.00
M-6	3.86000%		31,869,000.00		112,763.15		0.00		0.00		0.00		112,763.15		112,763.15		0.00
M-7	4.29000%		26,075,000.00		102,539.94		0.00		0.00		0.00		102,539.94		102,539.94		0.00
M-8	4.44000%		24,143,000.00		98,262.01		0.00		0.00		0.00		98,262.01		98,262.01		0.00
M-9	5.09000%		19,315,000.00		90,120.57		0.00		0.00		0.00		90,120.57		90,120.57		0.00
B-1	6.09736%		12,554,000.00		70,167.42		0.00		0.00		0.00		70,167.42		72,959.67		0.00
B-2	6.09736%		19,315,000.00		107,956.32		0.00		0.00		0.00		107,956.32		112,252.34		0.00
B-3	6.09736%		14,486,000.00		80,965.84		0.00		0.00		0.00		80,965.84		84,187.80		0.00
C	544.72305%		9,657,278.35		0.00		0.00		0.00		0.00		0.00		4,383,785.06		0.00
P	8,038,753.44000%		100.00		0.00		0.00		0.00		0.00		0.00		669,896.12		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
R-X	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			1,899,114,781.33		6,022,719.34		0.00		0.00		0.00		6,022,719.34		#######		0.00



Page 5 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
										Group 2		Group 1		Total
Principal Collections										14,836,246.67		20,554,645.20		35,390,891.87
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts										1,013.95		25,781,772.53		25,782,786.48
TOTAL NET PRINCIPAL										14,837,260.62		46,336,417.73		61,173,678.35
Interest Collections										3,989,773.00		7,180,071.36		11,169,844.36
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts										0.00		669,896.12		669,896.12
Interest Fees										-281,770.26		-471,259.47		-753,029.73
TOTAL NET INTEREST										3,708,002.74		7,378,708.01		11,086,710.75
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										18,545,263.36		53,715,125.74		72,260,389.10



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											339,344.26		864,671.47		1,204,015.73
Curtailments											17,426.24		34,025.70		51,451.94
Prepayments In Full											14,479,476.17		19,655,948.03		34,135,424.20
Repurchased/Substitutions											0.00		0.00		0.00
Liquidations											0.00		0.00		0.00
Other Additional Principal											0.00		0.00		0.00
Delinquent Principal											-5,301.85		-45,950.85		-51,252.70
Realized Losses											-0.00		-0.00		-0.00
Advanced Principal											5,301.85		45,950.85		51,252.70
TOTAL PRINCIPAL COLLECTED											14,836,246.67		20,554,645.20		35,390,891.87


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS
PRINCIPAL - OTHER ACCOUNTS
										Group 2		Group 1		Total
TOTAL PRINCIPAL OTHER ACCOUNTS										1,013.95		25,781,772.53		25,782,786.48





Page 6 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										3,993,772.77		7,205,654.24		11,199,427.01
Repurchased/Substitution Interest										0.00		0.00		0.00
Liquidation Interest										0.00		0.00		0.00
Other Additional Interest										0.00		0.00		0.00
Prepayment Interest Shortfalls										-38,270.54		-60,187.30		-98,457.84
Delinquent Interest										-64,441.43		-385,483.63		-449,925.06
Compensating Interest										38,270.54		60,187.31		98,457.85
Civil Relief Act Shortfalls										-0.00		-0.00		-0.00
Interest Advanced										60,441.66		359,900.76		420,342.42
TOTAL INTEREST COLLECTED										3,989,773.00		7,180,071.36		11,169,844.36


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
										Group 2		Group 1		Total
TOTAL INTEREST WITHDRAWALS										0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
										Group 2		Group 1		Total
Prepayment Charges														669,896.12
TOTAL INTEREST OTHER ACCOUNTS										0.00		669,896.12		669,896.12



INTEREST - FEES
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										281,029.18		469,943.17		750,972.35
Trustee Fees										741.08		1,316.30		2,057.37
TOTAL INTEREST FEES										281,770.26		471,259.47		753,029.73




Page 7 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution
Credit Enhancement Report

ACCOUNTS


Net WAC Rate Carryover Reserve Account

Begining Balance						0.00
Amount Deposited in the Account						10,310.23
Amount Withdrawn						10,310.23
Ending Balance						0.00




INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
										Group 2		Group 1		Total
Ending Overcollateralization Amount														9,657,278.35
Overcollateralization Target Amount														9,657,278.35
Overcollateralization Deficiency Amount														0.00
Overcollateralization Release Amount														0.00



Page 8 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										1,897		5,185		7,082
Prior										2,583		7,328		9,911
Prefunding										719		2,246		2,965
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-48		-109		-157
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										2,535		7,219		9,754
Principal Balance:


Original										481,496,335.03		852,026,380.16		1,333,522,715.19
Prior										684,069,485.73		1,189,262,509.12		1,873,331,994.85
Prefunding										0.00		0.00		0.00
Scheduled Principal										-339,344.26		-864,671.47		-1,204,015.73
Partial Prepayments										-17,426.24		-34,025.70		-51,451.94
Full Voluntary Prepayments										-14,479,476.17		-19,655,948.03		-34,135,424.20
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										669,233,239.06		1,168,707,863.92		1,837,941,102.98





PREFUNDING
PREFUNDING
										Group 2		Group 1		Total
Prefunding Account Original Balance										214,866,392.86		383,066,561.37		597,932,954.23
Prefunding Account Beginning Balance										214,866,392.86		383,066,561.37		597,932,954.23
Subsequent Loans Added to the Pool										214,865,378.91		357,284,788.84		572,150,167.75
Prefund Release to Certificate Holders										1,013.95		25,781,772.53		25,782,786.48
Prefunding Account Ending Balance										0.00		0.00		0.00





Page 9 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										7.02538%		7.27519%		7.18499%
Weighted Average Coupon Prior										7.02309%		7.27098%		7.18139%
Weighted Average Coupon Current										7.00592%		7.27070%		7.17402%
Weighted Average Months to Maturity Original										356		354		355
Weighted Average Months to Maturity Prior										355		353		354
Weighted Average Months to Maturity Current										355		352		353
Weighted Avg Remaining Amortization Term Original										356		354		355
Weighted Avg Remaining Amortization Term Prior										355		353		354
Weighted Avg Remaining Amortization Term Current										355		352		353
Weighted Average Seasoning Original										3.22		3.36		3.31
Weighted Average Seasoning Prior										4.21		4.36		4.31
Weighted Average Seasoning Current										3.55		3.73		3.67









Page 10 of 30
Fremont Home Loan Trust 2005-1

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Asset Backed Certificates
2005-1

June 27, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										6.90823%		6.93120%		6.92266%
Weighted Average Margin Prior										6.90783%		6.93086%		6.92229%
Weighted Average Margin Current										6.91110%		6.93604%		6.92661%
Weighted Average Max Rate Original										13.85859%		14.16739%		14.05258%
Weighted Average Max Rate Prior										13.85454%		14.16298%		14.04822%
Weighted Average Max Rate Current										13.86884%		14.15523%		14.04697%
Weighted Average Min Rate Original										6.86193%		7.16931%		7.05503%
Weighted Average Min Rate Prior										6.85791%		7.16492%		7.05070%
Weighted Average Min Rate Current										6.87116%		7.15713%		7.04903%
Weighted Average Cap Up Original										1.50000%		1.50000%		1.50000%
Weighted Average Cap Up Prior										1.50000%		1.50000%		1.50000%
Weighted Average Cap Up Current										1.50000%		1.50000%		1.50000%
Weighted Average Cap Down Original										1.50000%		1.50000%		1.50000%
Weighted Average Cap Down Prior										1.50000%		1.50000%		1.50000%
Weighted Average Cap Down Current										1.50000%		1.50000%		1.50000%




SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										281,029.18		469,943.17		750,972.35
Delinquent Servicing Fees										3,999.77		25,582.88		29,582.65
TOTAL SERVICING FEES										285,029.02		495,526.10		780,555.12


Total Servicing Fees										285,029.02		495,526.10		780,555.12
Compensating Interest										-38,270.54		-60,187.31		-98,457.85
Delinquent Servicing Fees										-3,999.77		-25,582.88		-29,582.65
COLLECTED SERVICING FEES										242,758.72		409,755.92		652,514.63


Total Advaced Interest										60,441.66		359,900.76		420,342.42
Total Advaced Principal										5,301.85		45,950.85		51,252.70
Aggregate Advances with respect to this Distribution										65,743.51		405,851.60		471,595.11





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)										38,270.54		60,187.30		98,457.84
Compensating Interest										-38,270.54		-60,187.31		-98,457.85
Net Prepayment Interest Shortfall (PPIS)										0.00		0.00		0.00

Weighted Average Net Mortgage Rate												6.504607%		7.101813%

Libor For Current Period														3.0900%

Libor For Next Period														3.3144%



Page 11 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				20,778,263.52		7,722,733.23		1,709,963.19		30,210,959.94
			% Balance				1.64%		0.61%		0.13%		2.38%
			# Loans				116		40		12		168
			% # Loans				1.70%		0.59%		0.18%		2.47%
	FORECLOSURE		Balance		0.00		457,222.82		533,872.23		3,122,502.75		4,113,597.80
			% Balance		0.00%		0.04%		0.04%		0.25%		0.32%
			# Loans		0		2		2		22		26
			% # Loans		0.00%		0.03%		0.03%		0.32%		0.38%
	BANKRUPTCY		Balance		1,895,918.79		266,135.52		78,422.58		294,130.92		2,534,607.81
			% Balance		0.15%		0.02%		0.01%		0.02%		0.20%
			# Loans		12		2		2		2		18
			% # Loans		0.18%		0.03%		0.03%		0.03%		0.26%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		1,895,918.79		21,501,621.86		8,335,028.04		5,126,596.86		36,859,165.55
			% Balance		0.15%		1.69%		0.66%		0.40%		2.90%
			# Loans		12		120		44		36		212
			% # Loans		0.18%		1.76%		0.65%		0.53%		3.11%









Page 12 of 30
Fremont Home Loan Trust 2005-1

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Asset Backed Certificates
2005-1

June 27, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				14,050,837.86		4,744,626.51		1,551,740.84		20,347,205.21
			% Balance				1.73%		0.58%		0.19%		2.50%
			# Loans				85		27		10		122
			% # Loans				1.70%		0.54%		0.20%		2.45%
	FORECLOSURE		Balance		0.00		231,209.61		143,529.78		1,641,337.32		2,016,076.71
			% Balance		0.00%		0.03%		0.02%		0.20%		0.25%
			# Loans		0		1		1		12		14
			% # Loans		0.00%		0.02%		0.02%		0.24%		0.28%
	BANKRUPTCY		Balance		1,818,607.72		266,135.52		78,422.58		294,130.92		2,457,296.74
			% Balance		0.22%		0.03%		0.01%		0.04%		0.30%
			# Loans		11		2		2		2		17
			% # Loans		0.22%		0.04%		0.04%		0.04%		0.34%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		1,818,607.72		14,548,182.99		4,966,578.87		3,487,209.08		24,820,578.66
			% Balance		0.22%		1.79%		0.61%		0.43%		3.05%
			# Loans		11		88		30		24		153
			% # Loans		0.22%		1.76%		0.60%		0.48%		3.07%










Page 13 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				6,727,425.66		2,978,106.72		158,222.35		9,863,754.73
			% Balance				1.48%		0.65%		0.03%		2.16%
			# Loans				31		13		2		46
			% # Loans				1.70%		0.71%		0.11%		2.53%
	FORECLOSURE		Balance		0.00		226,013.21		390,342.45		1,481,165.43		2,097,521.09
			% Balance		0.00%		0.05%		0.09%		0.33%		0.46%
			# Loans		0		1		1		10		12
			% # Loans		0.00%		0.05%		0.05%		0.55%		0.66%
	BANKRUPTCY		Balance		77,311.07		0.00		0.00		0.00		77,311.07
			% Balance		0.02%		0.00%		0.00%		0.00%		0.02%
			# Loans		1		0		0		0		1
			% # Loans		0.05%		0.00%		0.00%		0.00%		0.05%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		77,311.07		6,953,438.87		3,368,449.17		1,639,387.78		12,038,586.89
			% Balance		0.02%		1.53%		0.74%		0.36%		2.64%
			# Loans		1		32		14		12		59
			% # Loans		0.05%		1.76%		0.77%		0.66%		3.24%









Page 14 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution
REO Report
Loan Number			Original		Stated				Current		State &

														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date




TOTAL



Page 15 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution
Foreclosure Report
Loan Number			Original		Stated				Current		State &

														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date
1000206953 1
1000206953 1			131,000.00		130,458.33		01-Jan-2005		7.950%		CA - 74.01%		360		01-Jan-2005

1000213233 1			171,000.00		170,458.33		01-Jan-2005		8.350%		MD - 95.00%		360		01-Feb-2005
1000214874 1			176,000.00		175,180.14		01-Jan-2005		6.400%		IL - 80.00%		360		01-Feb-2005
1000218015 1			75,625.00		75,458.47		01-Jan-2005		10.100%		CA - 55.00%		360		01-Feb-2005
5000119373 1			212,500.00		211,375.09		01-Jan-2005		7.500%		IL - 85.00%		360		01-Dec-2004
5000124469 1			71,400.00		71,255.59		01-Jan-2005		10.500%		IL - 70.00%		360		01-Feb-2005
5000125239 1			#######		143,529.78		01-Feb-2005		8.200%		IL - 90.00%		360		01-Feb-2005
5000130487 1			216,750.00		216,027.73		01-Jan-2005		8.100%		GA - 85.00%		360		01-Feb-2005
5000130548 1			12,750.00		12,471.26		01-Jan-2005		12.250%		GA - 90.00%		120		01-Feb-2005
6000127379 1			232,000.00		231,209.61		01-Mar-2005		7.990%		FL - 80.00%		360		01-Feb-2005
6000129132 1			84,800.00		84,389.54		01-Jan-2005		6.200%		FL - 80.00%		360		01-Feb-2005
6000129621 1			28,000.00		27,949.12		01-Jan-2005		11.000%		NC - 100.00%		360		01-Feb-2005
7000119804 1			240,100.00		238,947.14		01-Jan-2005		7.990%		CA - 70.00%		360		01-Dec-2004
8000029469 1			228,000.00		227,366.58		01-Jan-2005		8.990%		MA - 80.00%		360		01-Feb-2005
1000211357 2			56,000.00		55,860.07		01-Jan-2005		9.500%		OH - 80.00%		360		01-Feb-2005
1000211379 2			59,360.00		59,177.63		01-Jan-2005		8.500%		OH - 80.00%		360		01-Feb-2005
1000211730 2			226,800.00		226,013.21		01-Mar-2005		7.900%		GA - 90.00%		360		01-Feb-2005
1000215073 2			388,000.00		386,654.00		01-Jan-2005		7.900%		NY - 100.00%		360		01-Feb-2005
1000215076 2			99,800.00		99,575.07		01-Jan-2005		9.990%		MA - 100.00%		360		01-Feb-2005
5000128419 2			72,000.00		71,851.24		01-Jan-2005		10.400%		MI - 80.00%		360		01-Feb-2005
5000129736 2			412,000.00		412,000.00		01-Jan-2005		7.950%		GA - 80.00%		360		01-Feb-2005
5000130093 2			103,000.00		102,828.52		01-Jan-2005		11.400%		GA - 100.00%		360		01-Feb-2005
6000129073 2			121,500.00		121,082.69		01-Jan-2005		7.950%		FL - 90.00%		360		01-Feb-2005
6000129077 2			392,000.00		390,342.45		01-Feb-2005		6.900%		NY - 80.00%		360		01-Feb-2005
6000129561 2			112,000.00		112,000.00		01-Jan-2005		6.650%		NC - 80.00%		360		01-Feb-2005
6000131514 2			60,300.00		60,136.21		01-Jan-2005		9.100%		TN - 90.00%		360		01-Feb-2005


TOTAL			4,126,685.00		4,113,597.80



Page 16 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										48		109		157
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										48		109		157
Curtailments Amount										17,426.24		34,025.70		51,451.94
Paid in Full Balance										14,479,476.17		19,655,948.03		34,135,424.20
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										14,496,902.41		19,689,973.73		34,186,876.14

Cumulative


Number of Paid in Full Loans										81		212		293
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										81		212		293
Paid in Full Balance										26,251,449.92		38,410,053.79		64,661,503.71
Repurchased Loans Balance										0.00		0.00		0.00
Curtailments Amount										53,376.90		66,567.14		119,944.04
Total Prepayment Amount										26,304,826.82		38,476,620.93		64,781,447.75










Page 17 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

											Group 2		Group 1		Total



SMM										2.12%		1.66%		1.83%
3 Months Avg SMM										1.53%		1.29%		1.38%
12 Months Avg SMM										1.53%		1.29%		1.38%
Avg SMM Since Cut-off										1.53%		1.29%		1.38%


CPR										22.68%		18.17%		19.84%
3 Months Avg CPR										16.90%		14.45%		15.35%
12 Months Avg CPR										16.90%		14.45%		15.35%
Avg CPR Since Cut-off										16.90%		14.45%		15.35%


PSA										3,194.50%		2,434.01%		2,706.54%
3 Months Avg PSA Approximation										2,309.15%		1,892.42%		2,040.74%
12 Months Avg PSA Approximation										2,309.15%		1,892.42%		2,040.74%
Avg PSA Since Cut-off Approximation										2,309.15%		1,892.42%		2,040.74%










Page 18 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution






PREPAYMENT CALCULATION METHODOLOGY

Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.002min(30,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)(1-SMMn+1)...(1-SMMm)]^(1/months in period n,m) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m)) Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.













Page 19 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

1000001305 1			126,750.00		126,254.47			24-May-2005		7.300%		CA - 65.00%		Paid Off - 360		01-Jan-2005
			126,750.00

1000181425 2			255,000.00		253,483.78			25-May-2005		8.750%		CA - 75.00%		Paid Off - 360		01-Aug-2004
1000181425 2					253,483.78			25-May-2005		8.750%		CA - 75.00%		Paid Off - 360		01-Aug-2004
1000195072 1			102,000.00		101,390.31			02-May-2005		7.250%		CA - 85.00%		Paid Off - 360		01-Nov-2004
1000195072 1					101,390.31			02-May-2005		7.250%		CA - 85.00%		Paid Off - 360		01-Nov-2004
1000195627 1			190,000.00		189,004.55			16-May-2005		6.750%		CA - 73.08%		Paid Off - 360		01-Dec-2004
1000195627 1					189,004.55			16-May-2005		6.750%		CA - 73.08%		Paid Off - 360		01-Dec-2004
1000198979 1			330,000.00		328,000.30			13-May-2005		5.990%		CA - 89.19%		Paid Off - 360		01-Dec-2004
1000198979 1					328,000.30			13-May-2005		5.990%		CA - 89.19%		Paid Off - 360		01-Dec-2004
1000199647 1			113,400.00		112,911.92			02-May-2005		7.750%		FL - 90.00%		Paid Off - 360		01-Dec-2004
1000199647 1					112,911.92			02-May-2005		7.750%		FL - 90.00%		Paid Off - 360		01-Dec-2004
1000200496 1			135,750.00		135,165.77			17-May-2005		7.750%		CA - 63.14%		Paid Off - 360		01-Dec-2004
1000200496 1					135,165.77			17-May-2005		7.750%		CA - 63.14%		Paid Off - 360		01-Dec-2004
1000201800 1			285,000.00		283,830.94			09-May-2005		7.990%		CA - 75.00%		Paid Off - 360		01-Dec-2004
1000201800 1					283,830.94			09-May-2005		7.990%		CA - 75.00%		Paid Off - 360		01-Dec-2004
1000202353 1			265,000.00		263,893.19			13-May-2005		7.900%		MA - 50.96%		Paid Off - 360		01-Dec-2004
1000202353 1					263,893.19			13-May-2005		7.900%		MA - 50.96%		Paid Off - 360		01-Dec-2004
1000203080 1			175,960.00		175,716.06			17-May-2005		5.990%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1000203080 1					175,716.06			17-May-2005		5.990%		CA - 80.00%		Paid Off - 360		01-Dec-2004
1000203758 2			436,000.00		434,514.67			30-May-2005		7.990%		CA - 80.00%		Paid Off - 360		01-Jan-2005
1000203758 2					434,514.67			30-May-2005		7.990%		CA - 80.00%		Paid Off - 360		01-Jan-2005
1000206864 1			307,000.00		305,381.92			12-May-2005		5.750%		CA - 68.22%		Paid Off - 360		01-Jan-2005
1000206864 1					305,381.92			12-May-2005		5.750%		CA - 68.22%		Paid Off - 360		01-Jan-2005
1000207755 1			237,000.00		236,317.59			09-May-2005		7.700%		CA - 69.71%		Paid Off - 360		01-Feb-2005
1000207755 1					236,317.59			09-May-2005		7.700%		CA - 69.71%		Paid Off - 360		01-Feb-2005
1000210476 1			270,000.00		269,198.92			23-May-2005		7.550%		MD - 89.40%		Paid Off - 360		01-Feb-2005
1000210476 1					269,198.92			23-May-2005		7.550%		MD - 89.40%		Paid Off - 360		01-Feb-2005
1000210557 1			15,100.00		14,965.17			23-May-2005		10.990%		MD - 94.40%		Paid Off - 180		01-Feb-2005
1000210557 1					14,965.17			23-May-2005		10.990%		MD - 94.40%		Paid Off - 180		01-Feb-2005
1000210721 2			192,000.00		192,000.00			30-May-2005		5.900%		CA - 80.00%		Paid Off - 360		01-Feb-2005
1000210721 2					192,000.00			30-May-2005		5.900%		CA - 80.00%		Paid Off - 360		01-Feb-2005
1000211072 1			176,000.00		175,999.96			19-May-2005		5.990%		CA - 80.00%		Paid Off - 360		01-Jan-2005
1000211072 1					175,999.96			19-May-2005		5.990%		CA - 80.00%		Paid Off - 360		01-Jan-2005
1000211114 1			44,000.00		43,877.74			19-May-2005		8.990%		CA - 100.00%		Paid Off - 360		01-Jan-2005
1000211114 1					43,877.74			19-May-2005		8.990%		CA - 100.00%		Paid Off - 360		01-Jan-2005
1000211221 2			500,000.00		500,000.00			19-May-2005		5.750%		CA - 87.72%		Paid Off - 360		01-Feb-2005
1000211221 2					500,000.00			19-May-2005		5.750%		CA - 87.72%		Paid Off - 360		01-Feb-2005
1000211273 2			375,000.00		373,286.48			08-May-2005		6.500%		CA - 75.00%		Paid Off - 360		01-Jan-2005
1000211273 2					373,286.48			08-May-2005		6.500%		CA - 75.00%		Paid Off - 360		01-Jan-2005
1000212467 1			169,760.00		169,298.85			12-May-2005		7.990%		NV - 80.00%		Paid Off - 360		01-Feb-2005
1000212467 1					169,298.85			12-May-2005		7.990%		NV - 80.00%		Paid Off - 360		01-Feb-2005
1000212579 2			383,400.00		383,400.00			01-May-2005		5.990%		CA - 79.05%		Paid Off - 360		01-Feb-2005
1000212579 2					383,400.00			01-May-2005		5.990%		CA - 79.05%		Paid Off - 360		01-Feb-2005
1000212693 1			180,500.00		179,902.95			04-May-2005		7.000%		AZ - 89.36%		Paid Off - 360		01-Feb-2005
1000212693 1					179,902.95			04-May-2005		7.000%		AZ - 89.36%		Paid Off - 360		01-Feb-2005
1000212831 2			342,000.00		342,000.00			20-May-2005		7.950%		CA - 90.00%		Paid Off - 360		01-Feb-2005
1000212831 2					342,000.00			20-May-2005		7.950%		CA - 90.00%		Paid Off - 360		01-Feb-2005
1000213001 2			398,000.00		396,516.54			02-May-2005		6.750%		CA - 55.28%		Paid Off - 360		01-Feb-2005
1000213001 2					396,516.54			02-May-2005		6.750%		CA - 55.28%		Paid Off - 360		01-Feb-2005
1000213436 2			89,600.00		89,358.14			30-May-2005		8.500%		WI - 80.00%		Paid Off - 360		01-Feb-2005
1000213436 2					89,358.14			30-May-2005		8.500%		WI - 80.00%		Paid Off - 360		01-Feb-2005
1000213474 1			220,000.00		219,091.87			24-May-2005		5.850%		CA - 80.00%		Paid Off - 360		01-Feb-2005
1000213474 1					219,091.87			24-May-2005		5.850%		CA - 80.00%		Paid Off - 360		01-Feb-2005
1000213710 2			850,000.00		849,999.50			06-May-2005		5.990%		CA - 94.44%		Paid Off - 360		01-Feb-2005
1000213710 2					849,999.50			06-May-2005		5.990%		CA - 94.44%		Paid Off - 360		01-Feb-2005
1000214060 1			115,200.00		114,818.20			25-May-2005		6.990%		VA - 90.00%		Paid Off - 360		01-Feb-2005
1000214060 1					114,818.20			25-May-2005		6.990%		VA - 90.00%		Paid Off - 360		01-Feb-2005
1000214174 1			175,200.00		174,510.33			12-May-2005		6.100%		CA - 80.00%		Paid Off - 360		01-Feb-2005
1000214174 1					174,510.33			12-May-2005		6.100%		CA - 80.00%		Paid Off - 360		01-Feb-2005
1000214180 2			315,000.00		314,372.80			20-May-2005		9.500%		CA - 70.00%		Paid Off - 360		01-Feb-2005
1000214180 2					314,372.80			20-May-2005		9.500%		CA - 70.00%		Paid Off - 360		01-Feb-2005
1000214297 2			311,500.00		311,500.00			06-May-2005		6.250%		CA - 75.24%		Paid Off - 360		01-Feb-2005
1000214297 2					311,500.00			06-May-2005		6.250%		CA - 75.24%		Paid Off - 360		01-Feb-2005
1000214300 1			340,000.00		338,873.19			16-May-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Feb-2005
1000214300 1					338,873.19			16-May-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Feb-2005
1000214899 1			161,964.00		161,524.04			13-May-2005		7.990%		AZ - 90.00%		Paid Off - 360		01-Feb-2005
1000214899 1					161,524.04			13-May-2005		7.990%		AZ - 90.00%		Paid Off - 360		01-Feb-2005
1000214905 1			300,000.00		299,027.01			13-May-2005		7.100%		VA - 80.00%		Paid Off - 360		01-Feb-2005
1000214905 1					299,027.01			13-May-2005		7.100%		VA - 80.00%		Paid Off - 360		01-Feb-2005
1000214929 2			428,000.00		426,513.52			19-May-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Feb-2005
1000214929 2					426,513.52			19-May-2005		6.750%		CA - 80.00%		Paid Off - 360		01-Feb-2005
1000215114 1			152,000.00		151,549.01			24-May-2005		7.550%		MD - 80.00%		Paid Off - 360		01-Feb-2005
1000215114 1					151,549.01					7.550%		MD - 80.00%		Paid Off - 360



Page 20 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

1000215150 2			492,000.00		492,000.00			30-May-2005		7.300%		CA - 80.00%		Paid Off - 360		01-Feb-2005
			492,000.00

1000215220 2			409,725.00		408,556.98			12-May-2005		7.750%		VA - 90.00%		Paid Off - 360		01-Feb-2005
1000215220 2					408,556.98			12-May-2005		7.750%		VA - 90.00%		Paid Off - 360		01-Feb-2005
1000215346 1			208,000.00		207,241.69			24-May-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Feb-2005
1000215346 1					207,241.69			24-May-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Feb-2005
1000215952 2			368,050.00		366,856.30			30-May-2005		7.100%		CA - 85.00%		Paid Off - 360		01-Feb-2005
1000215952 2					366,856.30			30-May-2005		7.100%		CA - 85.00%		Paid Off - 360		01-Feb-2005
1000216710 2			650,361.00		647,849.37			16-May-2005		6.200%		CA - 74.75%		Paid Off - 360		01-Feb-2005
1000216710 2					647,849.37			16-May-2005		6.200%		CA - 74.75%		Paid Off - 360		01-Feb-2005
1000217759 2			131,227.00		131,227.00			10-May-2005		5.750%		CA - 70.55%		Paid Off - 360		01-Feb-2005
1000217759 2					131,227.00			10-May-2005		5.750%		CA - 70.55%		Paid Off - 360		01-Feb-2005
1000217986 2			540,000.00		538,332.97			18-May-2005		7.350%		WA - 90.00%		Paid Off - 360		01-Feb-2005
1000217986 2					538,332.97			18-May-2005		7.350%		WA - 90.00%		Paid Off - 360		01-Feb-2005
1000219679 2			176,000.00		175,774.77			04-May-2005		8.250%		CA - 80.00%		Paid Off - 360		01-Apr-2005
1000219679 2					175,774.77			04-May-2005		8.250%		CA - 80.00%		Paid Off - 360		01-Apr-2005
1000221214 1			280,415.00		279,957.93			26-May-2005		7.500%		VA - 85.00%		Paid Off - 360		01-Apr-2005
1000221214 1					279,957.93			26-May-2005		7.500%		VA - 85.00%		Paid Off - 360		01-Apr-2005
1000221226 1			16,495.00		16,371.83			26-May-2005		11.750%		VA - 90.00%		Paid Off - 180		01-Apr-2005
1000221226 1					16,371.83			26-May-2005		11.750%		VA - 90.00%		Paid Off - 180		01-Apr-2005
1000223844 2			639,000.00		638,122.04			12-May-2005		7.900%		CA - 90.00%		Paid Off - 360		01-Apr-2005
1000223844 2					638,122.04			12-May-2005		7.900%		CA - 90.00%		Paid Off - 360		01-Apr-2005
1000224262 1			70,000.00		69,939.15			17-May-2005		11.990%		CA - 100.00%		Paid Off - 360		01-Mar-2005
1000224262 1					69,939.15			17-May-2005		11.990%		CA - 100.00%		Paid Off - 360		01-Mar-2005
5000115419 1			175,200.00		174,484.95			17-May-2005		9.450%		VA - 80.00%		Paid Off - 360		01-Nov-2004
5000115419 1					174,484.95			17-May-2005		9.450%		VA - 80.00%		Paid Off - 360		01-Nov-2004
5000116647 1			61,200.00		60,965.59			09-May-2005		8.350%		MO - 85.00%		Paid Off - 360		01-Dec-2004
5000116647 1					60,965.59			09-May-2005		8.350%		MO - 85.00%		Paid Off - 360		01-Dec-2004
5000117216 1			337,500.00		336,418.60			27-May-2005		9.200%		NY - 75.00%		Paid Off - 360		01-Dec-2004
5000117216 1					336,418.60			27-May-2005		9.200%		NY - 75.00%		Paid Off - 360		01-Dec-2004
5000124825 1			142,500.00		142,141.70			05-May-2005		8.900%		NJ - 75.00%		Paid Off - 360		01-Feb-2005
5000124825 1					142,141.70			05-May-2005		8.900%		NJ - 75.00%		Paid Off - 360		01-Feb-2005
5000125560 1			297,000.00		295,968.49			12-May-2005		6.750%		MI - 90.00%		Paid Off - 360		01-Feb-2005
5000125560 1					295,968.49			12-May-2005		6.750%		MI - 90.00%		Paid Off - 360		01-Feb-2005
5000125831 1			85,500.00		85,243.80			23-May-2005		7.500%		IL - 90.00%		Paid Off - 360		01-Feb-2005
5000125831 1					85,243.80			23-May-2005		7.500%		IL - 90.00%		Paid Off - 360		01-Feb-2005
5000126116 1			68,680.00		68,511.79			30-May-2005		8.500%		MO - 85.00%		Paid Off - 360		01-Feb-2005
5000126116 1					68,511.79			30-May-2005		8.500%		MO - 85.00%		Paid Off - 360		01-Feb-2005
5000126132 1			256,000.00		255,433.14			04-May-2005		8.990%		KS - 80.00%		Paid Off - 360		01-Feb-2005
5000126132 1					255,433.14			04-May-2005		8.990%		KS - 80.00%		Paid Off - 360		01-Feb-2005
5000126188 1			84,750.00		84,562.34			19-May-2005		8.990%		IL - 75.00%		Paid Off - 360		01-Feb-2005
5000126188 1					84,562.34			19-May-2005		8.990%		IL - 75.00%		Paid Off - 360		01-Feb-2005
5000126543 1			119,000.00		118,561.73			19-May-2005		7.640%		IL - 70.00%		Paid Off - 360		01-Feb-2005
5000126543 1					118,561.73			19-May-2005		7.640%		IL - 70.00%		Paid Off - 360		01-Feb-2005
5000126847 2			477,000.00		475,082.60			23-May-2005		5.990%		IL - 90.00%		Paid Off - 360		01-Feb-2005
5000126847 2					475,082.60			23-May-2005		5.990%		IL - 90.00%		Paid Off - 360		01-Feb-2005
5000127489 1			220,500.00		219,769.22			25-May-2005		6.990%		MN - 90.00%		Paid Off - 360		01-Feb-2005
5000127489 1					219,769.22			25-May-2005		6.990%		MN - 90.00%		Paid Off - 360		01-Feb-2005
5000128447 1			12,250.00		12,034.36			25-May-2005		12.000%		MN - 95.00%		Paid Off - 120		01-Feb-2005
5000128447 1					12,034.36			25-May-2005		12.000%		MN - 95.00%		Paid Off - 120		01-Feb-2005
5000134609 1			134,500.00		134,275.99			17-May-2005		6.950%		WI - 64.66%		Paid Off - 360		01-Apr-2005
5000134609 1					134,275.99			17-May-2005		6.950%		WI - 64.66%		Paid Off - 360		01-Apr-2005
5000135896 1			257,400.00		256,955.51			06-May-2005		6.750%		MI - 90.00%		Paid Off - 360		01-Apr-2005
5000135896 1					256,955.51			06-May-2005		6.750%		MI - 90.00%		Paid Off - 360		01-Apr-2005
5000139022 1			175,000.00		174,763.89			05-May-2005		7.990%		IL - 89.74%		Paid Off - 360		01-Apr-2005
5000139022 1					174,763.89			05-May-2005		7.990%		IL - 89.74%		Paid Off - 360		01-Apr-2005
6000118742 1			134,000.00		133,311.44			11-May-2005		6.850%		FL - 78.82%		Paid Off - 360		01-Dec-2004
6000118742 1					133,311.44			11-May-2005		6.850%		FL - 78.82%		Paid Off - 360		01-Dec-2004
6000119270 2			100,000.00		99,662.58			09-May-2005		8.950%		FL - 80.00%		Paid Off - 360		01-Dec-2004
6000119270 2					99,662.58			09-May-2005		8.950%		FL - 80.00%		Paid Off - 360		01-Dec-2004
6000119384 1			185,644.00		184,906.61			17-May-2005		8.150%		FL - 85.00%		Paid Off - 360		01-Dec-2004
6000119384 1					184,906.61			17-May-2005		8.150%		FL - 85.00%		Paid Off - 360		01-Dec-2004
6000121430 1			238,500.00		237,752.16			05-May-2005		8.400%		FL - 90.00%		Paid Off - 360		01-Jan-2005
6000121430 1					237,752.16			05-May-2005		8.400%		FL - 90.00%		Paid Off - 360		01-Jan-2005
6000122819 1			240,000.00		239,093.74			09-May-2005		8.400%		NC - 80.00%		Paid Off - 360		01-Dec-2004
6000122819 1					239,093.74			09-May-2005		8.400%		NC - 80.00%		Paid Off - 360		01-Dec-2004
6000125606 2			76,000.00		75,865.64			10-May-2005		11.125%		FL - 100.00%		Paid Off - 360		01-Jan-2005
6000125606 2					75,865.64			10-May-2005		11.125%		FL - 100.00%		Paid Off - 360		01-Jan-2005
6000125712 1			140,000.00		139,681.71			01-May-2005		8.850%		GA - 80.00%		Paid Off - 360		01-Feb-2005
6000125712 1					139,681.71			01-May-2005		8.850%		GA - 80.00%		Paid Off - 360		01-Feb-2005
6000125840 1			285,750.00		284,718.27			26-May-2005		6.550%		NJ - 90.00%		Paid Off - 360		01-Feb-2005
6000125840 1					284,718.27			26-May-2005		6.550%		NJ - 90.00%		Paid Off - 360		01-Feb-2005
6000125865 1			250,000.00		249,480.96			19-May-2005		9.300%		NY - 46.73%		Paid Off - 360		01-Feb-2005
6000125865 1					249,480.96			19-May-2005		9.300%		NY - 46.73%		Paid Off - 360		01-Feb-2005
6000126802 2			68,000.00		67,868.80			31-May-2005		9.650%		FL - 80.00%		Paid Off - 360		01-Feb-2005
6000126802 2					67,868.80					9.650%		FL - 80.00%		Paid Off - 360



Page 21 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current				Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

6000126803 2			145,600.00		145,274.91			17-May-2005		8.950%		VA - 80.00%		Paid Off - 360		01-Feb-2005
			145,600.00

6000126890 1			220,000.00		218,985.00			12-May-2005		6.450%		FL - 80.00%		Paid Off - 360		01-Jan-2005
6000126890 1					218,985.00			12-May-2005		6.450%		FL - 80.00%		Paid Off - 360		01-Jan-2005
6000127292 2			184,000.00		183,520.97			10-May-2005		8.200%		FL - 80.00%		Paid Off - 360		01-Feb-2005
6000127292 2					183,520.97			10-May-2005		8.200%		FL - 80.00%		Paid Off - 360		01-Feb-2005
6000127370 2		FCL	378,400.00		377,372.12			10-May-2005		7.990%		NJ - 80.00%		Paid Off - 360		01-Feb-2005
6000127370 2		FCL			377,372.12			10-May-2005		7.990%		NJ - 80.00%		Paid Off - 360		01-Feb-2005
6000127485 1			46,000.00		45,955.00			10-May-2005		12.775%		FL - 100.00%		Paid Off - 360		01-Feb-2005
6000127485 1					45,955.00			10-May-2005		12.775%		FL - 100.00%		Paid Off - 360		01-Feb-2005
6000128054 1			136,606.00		136,606.00			04-May-2005		5.850%		NC - 80.00%		Paid Off - 360		01-Feb-2005
6000128054 1					136,606.00			04-May-2005		5.850%		NC - 80.00%		Paid Off - 360		01-Feb-2005
6000128084 1			34,151.00		34,071.12			04-May-2005		8.725%		NC - 100.00%		Paid Off - 360		01-Feb-2005
6000128084 1					34,071.12			04-May-2005		8.725%		NC - 100.00%		Paid Off - 360		01-Feb-2005
6000128249 1			204,800.00		204,180.16			10-May-2005		7.450%		MD - 80.00%		Paid Off - 360		01-Feb-2005
6000128249 1					204,180.16			10-May-2005		7.450%		MD - 80.00%		Paid Off - 360		01-Feb-2005
6000128316 1			262,500.00		261,570.42			23-May-2005		6.650%		MD - 75.00%		Paid Off - 360		01-Feb-2005
6000128316 1					261,570.42			23-May-2005		6.650%		MD - 75.00%		Paid Off - 360		01-Feb-2005
6000128467 1			114,000.00		113,651.51			26-May-2005		7.400%		MD - 80.00%		Paid Off - 360		01-Feb-2005
6000128467 1					113,651.51			26-May-2005		7.400%		MD - 80.00%		Paid Off - 360		01-Feb-2005
6000128503 1			180,000.00		179,256.99			12-May-2005		5.850%		MD - 28.13%		Paid Off - 360		01-Feb-2005
6000128503 1					179,256.99			12-May-2005		5.850%		MD - 28.13%		Paid Off - 360		01-Feb-2005
6000128539 1			28,500.00		28,458.76			26-May-2005		11.000%		MD - 100.00%		Paid Off - 360		01-Feb-2005
6000128539 1					28,458.76			26-May-2005		11.000%		MD - 100.00%		Paid Off - 360		01-Feb-2005
6000128657 1			264,600.00		263,845.71			24-May-2005		7.750%		FL - 90.00%		Paid Off - 360		01-Feb-2005
6000128657 1					263,845.71			24-May-2005		7.750%		FL - 90.00%		Paid Off - 360		01-Feb-2005
6000128669 1			98,100.00		97,820.32			20-May-2005		7.750%		VA - 90.00%		Paid Off - 360		01-Feb-2005
6000128669 1					97,820.32			20-May-2005		7.750%		VA - 90.00%		Paid Off - 360		01-Feb-2005
6000129172 2			112,000.00		111,765.03			04-May-2005		9.250%		RI - 60.22%		Paid Off - 360		01-Feb-2005
6000129172 2					111,765.03			04-May-2005		9.250%		RI - 60.22%		Paid Off - 360		01-Feb-2005
6000129628 1			195,750.00		195,089.74			13-May-2005		6.900%		FL - 75.00%		Paid Off - 360		01-Feb-2005
6000129628 1					195,089.74			13-May-2005		6.900%		FL - 75.00%		Paid Off - 360		01-Feb-2005
6000129649 1			252,000.00		251,295.89			12-May-2005		7.850%		NJ - 80.00%		Paid Off - 360		01-Feb-2005
6000129649 1					251,295.89			12-May-2005		7.850%		NJ - 80.00%		Paid Off - 360		01-Feb-2005
6000129679 1			87,600.00		87,387.63			11-May-2005		8.550%		MI - 100.00%		Paid Off - 360		01-Feb-2005
6000129679 1					87,387.63			11-May-2005		8.550%		MI - 100.00%		Paid Off - 360		01-Feb-2005
6000129723 1			97,302.00		96,983.29			02-May-2005		7.050%		FL - 80.00%		Paid Off - 360		01-Feb-2005
6000129723 1					96,983.29			02-May-2005		7.050%		FL - 80.00%		Paid Off - 360		01-Feb-2005
6000129726 1			24,325.00		24,115.91			02-May-2005		11.400%		FL - 100.00%		Paid Off - 180		01-Feb-2005
6000129726 1					24,115.91			02-May-2005		11.400%		FL - 100.00%		Paid Off - 180		01-Feb-2005
6000130441 2			140,000.00		139,612.75			27-May-2005		7.900%		FL - 68.29%		Paid Off - 360		01-Feb-2005
6000130441 2					139,612.75			27-May-2005		7.900%		FL - 68.29%		Paid Off - 360		01-Feb-2005
6000131771 1			132,750.00		132,453.60			27-May-2005		8.950%		FL - 90.00%		Paid Off - 360		01-Feb-2005
6000131771 1					132,453.60			27-May-2005		8.950%		FL - 90.00%		Paid Off - 360		01-Feb-2005
6000132469 1			9,600.00		9,435.33			17-May-2005		12.500%		FL - 95.00%		Paid Off - 120		01-Feb-2005
6000132469 1					9,435.33			17-May-2005		12.500%		FL - 95.00%		Paid Off - 120		01-Feb-2005
6000137382 1			214,650.00		214,092.44			11-May-2005		6.750%		FL - 90.00%		Paid Off - 360		01-Mar-2005
6000137382 1					214,092.44			11-May-2005		6.750%		FL - 90.00%		Paid Off - 360		01-Mar-2005
6000137427 1			23,850.00		23,773.17			11-May-2005		11.625%		FL - 100.00%		Paid Off - 240		01-Mar-2005
6000137427 1					23,773.17			11-May-2005		11.625%		FL - 100.00%		Paid Off - 240		01-Mar-2005
6000137891 1			90,000.00		89,920.87			02-May-2005		10.050%		CT - 75.00%		Paid Off - 360		01-Apr-2005
6000137891 1					89,920.87			02-May-2005		10.050%		CT - 75.00%		Paid Off - 360		01-Apr-2005
6000141180 1			129,500.00		129,402.05			04-May-2005		10.750%		FL - 70.00%		Paid Off - 360		01-Apr-2005
6000141180 1					129,402.05			04-May-2005		10.750%		FL - 70.00%		Paid Off - 360		01-Apr-2005
6000141681 1			123,435.00		123,270.47			02-May-2005		8.050%		FL - 90.00%		Paid Off - 360		01-Apr-2005
6000141681 1					123,270.47			02-May-2005		8.050%		FL - 90.00%		Paid Off - 360		01-Apr-2005
7000118629 1			308,000.00		306,524.08			09-May-2005		8.000%		CA - 80.00%		Paid Off - 360		01-Nov-2004
7000118629 1					306,524.08			09-May-2005		8.000%		CA - 80.00%		Paid Off - 360		01-Nov-2004
7000119452 1			60,000.00		59,859.51			10-May-2005		11.275%		MD - 100.00%		Paid Off - 360		01-Dec-2004
7000119452 1					59,859.51			10-May-2005		11.275%		MD - 100.00%		Paid Off - 360		01-Dec-2004
7000119723 1			100,200.00		99,968.53			20-May-2005		10.750%		CA - 60.00%		Paid Off - 360		01-Dec-2004
7000119723 1					99,968.53			20-May-2005		10.750%		CA - 60.00%		Paid Off - 360		01-Dec-2004
7000121971 1			210,000.00		209,165.88			17-May-2005		8.150%		VA - 70.00%		Paid Off - 360		01-Dec-2004
7000121971 1					209,165.88			17-May-2005		8.150%		VA - 70.00%		Paid Off - 360		01-Dec-2004
7000123100 1			300,000.00		298,968.15			03-May-2005		6.800%		CA - 69.77%		Paid Off - 360		01-Feb-2005
7000123100 1					298,968.15			03-May-2005		6.800%		CA - 69.77%		Paid Off - 360		01-Feb-2005
7000124822 1			110,000.00		109,570.18			23-May-2005		9.250%		NJ - 64.71%		Paid Off - 360		01-Jan-2005
7000124822 1					109,570.18			23-May-2005		9.250%		NJ - 64.71%		Paid Off - 360		01-Jan-2005
7000125671 2			460,000.00		457,643.13			01-May-2005		5.900%		CA - 80.00%		Paid Off - 360		01-Jan-2005
7000125671 2					457,643.13			01-May-2005		5.900%		CA - 80.00%		Paid Off - 360		01-Jan-2005
7000126089 1			303,500.00		301,974.12			11-May-2005		6.000%		CA - 74.94%		Paid Off - 360		01-Jan-2005
7000126089 1					301,974.12			11-May-2005		6.000%		CA - 74.94%		Paid Off - 360		01-Jan-2005
7000126121 2			131,400.00		131,025.42			26-May-2005		7.750%		FL - 90.00%		Paid Off - 360		01-Feb-2005
7000126121 2					131,025.42			26-May-2005		7.750%		FL - 90.00%		Paid Off - 360		01-Feb-2005
7000126160 1			74,700.00		74,471.66			25-May-2005		7.400%		CA - 90.00%		Paid Off - 360		01-Feb-2005
7000126160 1					74,471.66					7.400%		CA - 90.00%		Paid Off - 360



Page 22 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

7000126191 2			115,000.00		114,703.48			01-May-2005		9.350%		CA - 100.00%		Paid Off - 360		01-Jan-2005
			115,000.00

7000126521 1			360,000.00		358,973.76			19-May-2005		7.750%		IL - 90.00%		Paid Off - 360		01-Feb-2005
7000126521 1					358,973.76			19-May-2005		7.750%		IL - 90.00%		Paid Off - 360		01-Feb-2005
7000126763 1			250,000.00		249,596.50			30-May-2005		10.490%		CA - 64.10%		Paid Off - 360		01-Feb-2005
7000126763 1					249,596.50			30-May-2005		10.490%		CA - 64.10%		Paid Off - 360		01-Feb-2005
7000126830 2			419,988.00		418,424.07			26-May-2005		6.390%		CA - 80.00%		Paid Off - 360		01-Feb-2005
7000126830 2					418,424.07			26-May-2005		6.390%		CA - 80.00%		Paid Off - 360		01-Feb-2005
7000126848 2			432,000.00		430,779.62			31-May-2005		7.800%		MD - 75.79%		Paid Off - 360		01-Feb-2005
7000126848 2					430,779.62			31-May-2005		7.800%		MD - 75.79%		Paid Off - 360		01-Feb-2005
7000126925 2			104,997.00		104,793.33			26-May-2005		9.625%		CA - 100.00%		Paid Off - 360		01-Feb-2005
7000126925 2					104,793.33			26-May-2005		9.625%		CA - 100.00%		Paid Off - 360		01-Feb-2005
7000126976 2			418,500.00		418,500.00			12-May-2005		5.990%		NJ - 90.00%		Paid Off - 360		01-Feb-2005
7000126976 2					418,500.00			12-May-2005		5.990%		NJ - 90.00%		Paid Off - 360		01-Feb-2005
7000127043 2			9,950.00		9,896.82			17-May-2005		9.990%		NJ - 92.14%		Paid Off - 240		01-Feb-2005
7000127043 2					9,896.82			17-May-2005		9.990%		NJ - 92.14%		Paid Off - 240		01-Feb-2005
7000127651 1			179,000.00		178,538.69			17-May-2005		8.250%		CA - 67.04%		Paid Off - 360		01-Feb-2005
7000127651 1					178,538.69			17-May-2005		8.250%		CA - 67.04%		Paid Off - 360		01-Feb-2005
7000127689 2			216,000.00		216,000.00			17-May-2005		5.990%		CA - 80.00%		Paid Off - 360		01-Feb-2005
7000127689 2					216,000.00			17-May-2005		5.990%		CA - 80.00%		Paid Off - 360		01-Feb-2005
7000127849 1			155,000.00		154,566.93			17-May-2005		7.850%		NY - 62.00%		Paid Off - 360		01-Feb-2005
7000127849 1					154,566.93			17-May-2005		7.850%		NY - 62.00%		Paid Off - 360		01-Feb-2005
7000128109 2			360,000.00		360,000.00			17-May-2005		5.350%		CA - 80.00%		Paid Off - 360		01-Feb-2005
7000128109 2					360,000.00			17-May-2005		5.350%		CA - 80.00%		Paid Off - 360		01-Feb-2005
7000128438 2			90,000.00		89,789.51			17-May-2005		8.725%		CA - 100.00%		Paid Off - 360		01-Feb-2005
7000128438 2					89,789.51			17-May-2005		8.725%		CA - 100.00%		Paid Off - 360		01-Feb-2005
7000128725 1			189,600.00		188,853.66			17-May-2005		6.100%		WI - 80.00%		Paid Off - 360		01-Feb-2005
7000128725 1					188,853.66			17-May-2005		6.100%		WI - 80.00%		Paid Off - 360		01-Feb-2005
7000128941 1			220,000.00		219,340.73			17-May-2005		7.500%		CA - 45.36%		Paid Off - 360		01-Feb-2005
7000128941 1					219,340.73			17-May-2005		7.500%		CA - 45.36%		Paid Off - 360		01-Feb-2005
7000129107 1			165,000.00		164,752.35			17-May-2005		10.990%		CA - 60.00%		Paid Off - 360		01-Feb-2005
7000129107 1					164,752.35			17-May-2005		10.990%		CA - 60.00%		Paid Off - 360		01-Feb-2005
7000129613 2			589,500.00		587,619.80			17-May-2005		7.185%		VA - 90.00%		Paid Off - 360		01-Feb-2005
7000129613 2					587,619.80			17-May-2005		7.185%		VA - 90.00%		Paid Off - 360		01-Feb-2005
7000129647 1			104,000.00		103,784.07			17-May-2005		9.300%		NJ - 80.00%		Paid Off - 360		01-Feb-2005
7000129647 1					103,784.07			17-May-2005		9.300%		NJ - 80.00%		Paid Off - 360		01-Feb-2005
7000130111 2			375,192.00		375,192.00			17-May-2005		7.250%		FL - 80.00%		Paid Off - 360		01-Feb-2005
7000130111 2					375,192.00			17-May-2005		7.250%		FL - 80.00%		Paid Off - 360		01-Feb-2005
7000130172 1			183,750.00		183,294.60			27-May-2005		6.990%		CA - 75.00%		Paid Off - 360		01-Mar-2005
7000130172 1					183,294.60			27-May-2005		6.990%		CA - 75.00%		Paid Off - 360		01-Mar-2005
7000130197 2			93,798.00		93,654.83			17-May-2005		10.750%		FL - 100.00%		Paid Off - 360		01-Feb-2005
7000130197 2					93,654.83			17-May-2005		10.750%		FL - 100.00%		Paid Off - 360		01-Feb-2005
7000132830 1			207,000.00		206,715.59			26-May-2005		7.900%		MD - 90.00%		Paid Off - 360		01-Apr-2005
7000132830 1					206,715.59			26-May-2005		7.900%		MD - 90.00%		Paid Off - 360		01-Apr-2005
7000133203 2			57,510.00		57,443.56			23-May-2005		8.750%		WI - 90.00%		Paid Off - 360		01-Apr-2005
7000133203 2					57,443.56			23-May-2005		8.750%		WI - 90.00%		Paid Off - 360		01-Apr-2005
8000016485 1			130,000.00		129,413.27			17-May-2005		9.050%		RI - 70.27%		Paid Off - 360		01-Oct-2004
8000016485 1					129,413.27			17-May-2005		9.050%		RI - 70.27%		Paid Off - 360		01-Oct-2004
8000020775 1			400,000.00		398,217.14			19-May-2005		8.700%		NJ - 78.28%		Paid Off - 360		01-Dec-2004
8000020775 1					398,217.14			19-May-2005		8.700%		NJ - 78.28%		Paid Off - 360		01-Dec-2004
8000024224 1			153,000.00		151,983.60			03-May-2005		5.500%		NJ - 74.63%		Paid Off - 360		01-Dec-2004
8000024224 1					151,983.60			03-May-2005		5.500%		NJ - 74.63%		Paid Off - 360		01-Dec-2004
8000026908 1			168,300.00		167,598.69			17-May-2005		5.800%		NJ - 90.00%		Paid Off - 360		01-Feb-2005
8000026908 1					167,598.69			17-May-2005		5.800%		NJ - 90.00%		Paid Off - 360		01-Feb-2005
8000028548 1			193,200.00		192,755.09			17-May-2005		8.800%		FL - 75.00%		Paid Off - 360		01-Feb-2005
8000028548 1					192,755.09			17-May-2005		8.800%		FL - 75.00%		Paid Off - 360		01-Feb-2005
8000028810 1			135,000.00		134,742.26			17-May-2005		9.700%		NJ - 71.05%		Paid Off - 360		01-Feb-2005
8000028810 1					134,742.26			17-May-2005		9.700%		NJ - 71.05%		Paid Off - 360		01-Feb-2005
8000029486 1			247,500.00		246,758.35			17-May-2005		7.500%		MA - 90.00%		Paid Off - 360		01-Feb-2005
8000029486 1					246,758.35			17-May-2005		7.500%		MA - 90.00%		Paid Off - 360		01-Feb-2005
8000029668 1			234,400.00		233,825.90			17-May-2005		8.500%		NJ - 80.00%		Paid Off - 360		01-Feb-2005
8000029668 1					233,825.90			17-May-2005		8.500%		NJ - 80.00%		Paid Off - 360		01-Feb-2005
8000029704 1			204,000.00		203,394.73			17-May-2005		7.600%		NJ - 85.00%		Paid Off - 360		01-Feb-2005
8000029704 1					203,394.73			17-May-2005		7.600%		NJ - 85.00%		Paid Off - 360		01-Feb-2005
8000030018 1			247,500.00		246,679.73			17-May-2005		6.990%		NJ - 90.00%		Paid Off - 360		01-Feb-2005
8000030018 1					246,679.73			17-May-2005		6.990%		NJ - 90.00%		Paid Off - 360		01-Feb-2005
8000030094 2			109,400.00		109,209.08			17-May-2005		10.125%		VA - 100.00%		Paid Off - 360		01-Feb-2005
8000030094 2					109,209.08			17-May-2005		10.125%		VA - 100.00%		Paid Off - 360		01-Feb-2005
8000030195 1			351,500.00		350,436.18			17-May-2005		7.450%		MA - 95.00%		Paid Off - 360		01-Feb-2005
8000030195 1					350,436.18			17-May-2005		7.450%		MA - 95.00%		Paid Off - 360		01-Feb-2005
8000030645 1			159,000.00		158,590.23			17-May-2005		8.250%		CT - 75.00%		Paid Off - 360		01-Feb-2005
8000030645 1					158,590.23			17-May-2005		8.250%		CT - 75.00%		Paid Off - 360		01-Feb-2005
8000031067 2			95,400.00		95,111.26			17-May-2005		7.450%		NJ - 90.00%		Paid Off - 360		01-Feb-2005
8000031067 2					95,111.26			17-May-2005		7.450%		NJ - 90.00%		Paid Off - 360		01-Feb-2005
8000031077 1			180,800.00		180,304.91			17-May-2005		7.950%		RI - 80.00%		Paid Off - 360		01-Feb-2005
8000031077 1					180,304.91					7.950%		RI - 80.00%		Paid Off - 360



Page 23 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution

Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

8000031648 1			320,000.00		318,992.37			17-May-2005		7.250%		NJ - 67.37%		Paid Off - 360		01-Feb-2005
			320,000.00

8000031850 1			66,500.00		66,211.92			17-May-2005		11.500%		NJ - 70.00%		Paid Off - 360		01-Feb-2005
8000031850 1					66,211.92			17-May-2005		11.500%		NJ - 70.00%		Paid Off - 360		01-Feb-2005
8000032463 2			468,000.00		468,000.00			17-May-2005		5.950%		VA - 61.74%		Paid Off - 360		01-Feb-2005
8000032463 2					468,000.00			17-May-2005		5.950%		VA - 61.74%		Paid Off - 360		01-Feb-2005
8000036388 1			354,150.00		353,538.43			17-May-2005		6.750%		NJ - 89.66%		Paid Off - 360		01-Apr-2005
8000036388 1					353,538.43			17-May-2005		6.750%		NJ - 89.66%		Paid Off - 360		01-Apr-2005
8000036973 1			344,500.00		344,193.91			17-May-2005		10.000%		MA - 65.00%		Paid Off - 360		01-Apr-2005
8000036973 1					344,193.91			17-May-2005		10.000%		MA - 65.00%		Paid Off - 360		01-Apr-2005
8100029846 1			316,000.00		314,720.10			17-May-2005		5.950%		NY - 80.00%		Paid Off - 360		01-Feb-2005
8100029846 1					314,720.10			17-May-2005		5.950%		NY - 80.00%		Paid Off - 360		01-Feb-2005


TOTAL			34,227,985.00		34,135,424.20
TOTAL


Page 24 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



											Group 2		Group 1		Total


Current
Current



Number of Loans Liquidated										0		0		0
Collateral Principal Realized Loss/(Gain) Amount										0.00		0.00		0.00
Collateral Interest Realized Loss/(Gain) Amount										0.00		0.00		0.00
Net Liquidation Proceeds										0.00		0.00		0.00

Cumulative
Cumulative



Number of Loans Liquidated										0		0		0
Collateral Realized Loss/(Gain) Amount										0.00		0.00		0.00
Net Liquidation Proceeds										0.00		0.00		0.00










Page 25 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution


DEFAULT SPEEDS



											Group 2		Group 1		Total



MDR										0.00%		0.00%		0.00%
3 Months Avg MDR										0.00%		0.00%		0.00%
12 Months Avg MDR										0.00%		0.00%		0.00%
Avg MDR Since Cut-off										0.00%		0.00%		0.00%


CDR										0.00%		0.00%		0.00%
3 Months Avg CDR										0.00%		0.00%		0.00%
12 Months Avg CDR										0.00%		0.00%		0.00%
Avg CDR Since Cut-off										0.00%		0.00%		0.00%


SDA										0.00%		0.00%		0.00%
3 Months Avg SDA Approximation										0.00%		0.00%		0.00%
12 Months Avg SDA Approximation										0.00%		0.00%		0.00%
Avg SDA Since Cut-off Approximation										0.00%		0.00%		0.00%


Loss Severity Approximation for Current Period										0.00%		0.00%		0.00%
3 Months Avg Loss Severity Approximation										0.00%		0.00%		0.00%
12 Months Avg Loss Severity Approximation										0.00%		0.00%		0.00%
Avg Loss Severity Approximation Since Cut-off										0.00%		0.00%		0.00%












Page 26 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution





COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
	Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)



	Conditional Default Rate (CDR): 1-((1-MDR)^12)

	SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))

	Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)(1-MDRn+1)...*(1-MDRm)]^(1/months in period n,m)
	Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)

	Average SDA Approximation over period between the nth month and mth month:
	AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))

	Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
	Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

	Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)

	Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
	Dates correspond to distribution dates.




Page 27 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative
															Cumulative
&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized

Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)
Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)




TOTAL



Page 28 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
										Group 2		Group 1		Total
						Has Stepdown Condition occurred (0 = No, 1=Yes)								0

						Does a Trigger Event Exist-Either a) or b) Yes?								0
						a) Does a Delinquency Trigger Event Exists								0
						b) Does a Loss Trigger Event Exists (0=No,1=Yes)								0

						Has Sequential Trigger Event Occured (0=No,1=Yes)								0
						60+ days Delinqueny Balance								13,918,847.72
						Ending Collateral Balance								1,837,941,102.98
						Delinquency Percentage								0.7573%

						Senior Enhancement Percentage								24.490000%

						Cumulative Loss Percentage								0.0000%


ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION

SPACE INTENTIONALLY LEFT BLANK




Page 29 of 30
Fremont Home Loan Trust 2005-1

Asset Backed Certificates
Asset Backed Certificates
2005-1

June 27, 2005 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT

													NET WAC Shortfall CarryOver		NET WAC Shortfall Paid
CLASS

			I-A1										$0.00		$0.00
													$0.00		$0.00
			I-A2										$0.00		$0.00
													$0.00		$0.00
			II-A1										$0.00		$0.00
													$0.00		$0.00
			II-A2										$0.00		$0.00
													$0.00		$0.00
			II-A3										$0.00		$0.00
													$0.00		$0.00
			M-1										$0.00		$0.00
													$0.00		$0.00
			M-2										$0.00		$0.00
													$0.00		$0.00
			M-3										$0.00		$0.00
													$0.00		$0.00
			M-4										$0.00		$0.00
													$0.00		$0.00
			M-5										$0.00		$0.00
													$0.00		$0.00
			M-6										$0.00		$0.00
													$0.00		$0.00
			M-7										$0.00		$0.00
													$0.00		$0.00
			M-8										$0.00		$0.00
													$0.00		$0.00
			M-9										$0.00		$0.00
													$0.00		$0.00
			B-1										$0.00		#######
													$0.00		#######
			B-2										$0.00		#######
													$0.00		#######
			B-3										$0.00		#######
													$0.00		#######






Page 30 of 30

Fremont Home Loan Trust 2005-1 8-K