                                    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 May 15, 2005,
          providing for the issuance of Soundview Home Loan Trust 2005-DO1
              Mortgage Pass-Through Certificates, Series 2005-DO1)
                 (Exact name of registrant as specified in charter)

                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-121661-15                          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.



Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				Greenwich Capital Markets						1. Certificate Payment Report					2
				Greenwich Capital Markets						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					22
										11. Realized Loss Detail Report					25
				Servicer(s)						11. Realized Loss Detail Report					25
				Servicer(s)						12. Triggers and Adj. Cert. Report					26
				New Century Mortgage Corporation						12. Triggers and Adj. Cert. Report					26
				New Century Mortgage Corporation						13. Additional Certificate Report					27
										13. Additional Certificate Report					27


				Underwriter(s)
				Greenwich Capital Markets


										Total Number of Pages					27
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			May 01, 2005			Nicholas Gisler
				Close Date:			May 13, 2005			Administrator
				First Distribution Date:			June 27, 2005			(714) 247-6268
										Nicholas.Gisler@db.com
										Nicholas.Gisler@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				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 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC II
					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	FLT, STEP	$	355,029,000.00		355,029,000.00		1,468,932.49		6,198,513.09		7,667,445.58		0.00		0.00		348,830,486.91
I-A1	FLT, STEP	$	355,029,000.00		355,029,000.00		1,468,932.49		6,198,513.09		7,667,445.58		0.00		0.00		348,830,486.91
II-A1	FLT, STEP	$	55,615,000.00		55,615,000.00		221,069.63		3,153,798.12		3,374,867.75		0.00		0.00		52,461,201.88
II-A2	FLT, STEP	$	27,797,000.00		27,797,000.00		112,577.85		0.00		112,577.85		0.00		0.00		27,797,000.00
II-A3	FLT, STEP	$	40,285,000.00		40,285,000.00		168,189.88		0.00		168,189.88		0.00		0.00		40,285,000.00
II-A4	FLT, STEP	$	13,139,000.00		13,139,000.00		55,676.51		0.00		55,676.51		0.00		0.00		13,139,000.00
M-1	MEZ, FLT, S	$	21,739,000.00		21,739,000.00		95,379.86		0.00		95,379.86		0.00		0.00		21,739,000.00
M-2	MEZ, FLT, S	$	18,167,000.00		18,167,000.00		80,388.97		0.00		80,388.97		0.00		0.00		18,167,000.00
M-3	MEZ, FLT, S	$	11,393,000.00		11,393,000.00		50,841.26		0.00		50,841.26		0.00		0.00		11,393,000.00
M-4	MEZ, FLT, S	$	10,469,000.00		10,469,000.00		48,288.26		0.00		48,288.26		0.00		0.00		10,469,000.00
M-5	MEZ, FLT, S	$	9,545,000.00		9,545,000.00		44,503.57		0.00		44,503.57		0.00		0.00		9,545,000.00
M-6	MEZ, FLT, S	$	9,237,000.00		9,237,000.00		43,644.83		0.00		43,644.83		0.00		0.00		9,237,000.00
M-7	MEZ, FLT, S	$	7,698,000.00		7,698,000.00		40,799.40		0.00		40,799.40		0.00		0.00		7,698,000.00
M-8	MEZ, FLT, S	$	5,850,000.00		5,850,000.00		31,736.25		0.00		31,736.25		0.00		0.00		5,850,000.00
M-9	MEZ, FLT, S	$	6,158,000.00		6,158,000.00		36,871.03		0.00		36,871.03		0.00		0.00		6,158,000.00
M-10	MEZ, FLT, S	$	6,158,000.00		6,158,000.00		48,802.15		0.00		48,802.15		0.00		0.00		6,158,000.00
M-11	MEZ, FLT, S	$	6,158,000.00		6,158,000.00		48,802.15		0.00		48,802.15		0.00		0.00		6,158,000.00
B-1	SUB	$	3,387,000.00		3,387,000.00		26,841.97		0.00		26,841.97		0.00		0.00		3,387,000.00
B-2	SUB	$	4,927,000.00		4,927,000.00		39,046.47		0.00		39,046.47		0.00		0.00		4,927,000.00
C	EXE	$	3,078,822.24		3,078,822.24		0.00		0.00		0.00		0.00		327.37		3,079,149.61
P	P	$	100.00		100.00		141,268.76		0.00		141,268.76		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			615,829,922.24		615,829,922.24		2,803,661.29		9,352,311.21		12,155,972.50		0.00		327.37		606,477,938.40
Total





Page 2 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

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	05/13/05		06/26/05		A-Act/360		83611MDS4		355,029,000.00		1,000.000000		4.137500		17.459174		21.596674	982.540826
II-A1	05/13/05		06/26/05		A-Act/360		83611MDT2		55,615,000.00		1,000.000000		3.975000		56.707689		60.682689	943.292311
II-A2	05/13/05		06/26/05		A-Act/360		83611MDU9		27,797,000.00		1,000.000000		4.050000		0.000000		4.050000	1,000.000000
II-A3	05/13/05		06/26/05		A-Act/360		83611MDV7		40,285,000.00		1,000.000000		4.175000		0.000000		4.175000	1,000.000000
II-A4	05/13/05		06/26/05		A-Act/360		83611MDW5		13,139,000.00		1,000.000000		4.237500		0.000000		4.237500	1,000.000000
M-1	05/13/05		06/26/05		A-Act/360		83611MDX3		21,739,000.00		1,000.000000		4.387500		0.000000		4.387500	1,000.000000
M-2	05/13/05		06/26/05		A-Act/360		83611MDY1		18,167,000.00		1,000.000000		4.425000		0.000000		4.425000	1,000.000000
M-3	05/13/05		06/26/05		A-Act/360		83611MDZ8		11,393,000.00		1,000.000000		4.462500		0.000000		4.462500	1,000.000000
M-4	05/13/05		06/26/05		A-Act/360		83611MEA2		10,469,000.00		1,000.000000		4.612500		0.000000		4.612500	1,000.000000
M-5	05/13/05		06/26/05		A-Act/360		83611MEB0		9,545,000.00		1,000.000000		4.662501		0.000000		4.662501	1,000.000000
M-6	05/13/05		06/26/05		A-Act/360		83611MEC8		9,237,000.00		1,000.000000		4.725001		0.000000		4.725001	1,000.000000
M-7	05/13/05		06/26/05		A-Act/360		83611MED6		7,698,000.00		1,000.000000		5.300000		0.000000		5.300000	1,000.000000
M-8	05/13/05		06/26/05		A-Act/360		83611MEE4		5,850,000.00		1,000.000000		5.425000		0.000000		5.425000	1,000.000000
M-9	05/13/05		06/26/05		A-Act/360		83611MEF1		6,158,000.00		1,000.000000		5.987501		0.000000		5.987501	1,000.000000
M-10	05/13/05		06/26/05		A-Act/360		83611MEG9		6,158,000.00		1,000.000000		7.925000		0.000000		7.925000	1,000.000000
M-11	05/13/05		06/26/05		A-Act/360		83611MEH7		6,158,000.00		1,000.000000		7.925000		0.000000		7.925000	1,000.000000
B-1	05/13/05		06/26/05		A-Act/360		83611MEJ3		3,387,000.00		1,000.000000		7.924999		0.000000		7.924999	1,000.000000
B-2	05/13/05		06/26/05		A-Act/360		83611MEK0		4,927,000.00		1,000.000000		7.924999		0.000000		7.924999	1,000.000000
C	05/01/05		05/30/05		F-30/360				3,078,822.24		1,000.000000		0.000000		0.000000		0.000000	1,000.106330
P	05/01/05		05/30/05		F-30/360				100.00		1,000.000000		1,412,687.600000		0.000000		1,412,687.600000	1,000.000000
R	05/01/05		05/30/05		F-30/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000
R-X	05/01/05		05/30/05		F-30/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000




Page 3 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution

Distribution to Date - REMIC II
																	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	355,029,000.00		1,468,932.49		5,861,818.68		336,694.41		6,198,513.09		7,667,445.58		0.00		0.00		348,830,486.91
II-A1	55,615,000.00		221,069.63		2,982,488.30		171,309.82		3,153,798.12		3,374,867.75		0.00		0.00		52,461,201.88
II-A2	27,797,000.00		112,577.85		0.00		0.00		0.00		112,577.85		0.00		0.00		27,797,000.00
II-A3	40,285,000.00		168,189.88		0.00		0.00		0.00		168,189.88		0.00		0.00		40,285,000.00
II-A4	13,139,000.00		55,676.51		0.00		0.00		0.00		55,676.51		0.00		0.00		13,139,000.00
M-1	21,739,000.00		95,379.86		0.00		0.00		0.00		95,379.86		0.00		0.00		21,739,000.00
M-2	18,167,000.00		80,388.97		0.00		0.00		0.00		80,388.97		0.00		0.00		18,167,000.00
M-3	11,393,000.00		50,841.26		0.00		0.00		0.00		50,841.26		0.00		0.00		11,393,000.00
M-4	10,469,000.00		48,288.26		0.00		0.00		0.00		48,288.26		0.00		0.00		10,469,000.00
M-5	9,545,000.00		44,503.57		0.00		0.00		0.00		44,503.57		0.00		0.00		9,545,000.00
M-6	9,237,000.00		43,644.83		0.00		0.00		0.00		43,644.83		0.00		0.00		9,237,000.00
M-7	7,698,000.00		40,799.40		0.00		0.00		0.00		40,799.40		0.00		0.00		7,698,000.00
M-8	5,850,000.00		31,736.25		0.00		0.00		0.00		31,736.25		0.00		0.00		5,850,000.00
M-9	6,158,000.00		36,871.03		0.00		0.00		0.00		36,871.03		0.00		0.00		6,158,000.00
M-10	6,158,000.00		48,802.15		0.00		0.00		0.00		48,802.15		0.00		0.00		6,158,000.00
M-11	6,158,000.00		48,802.15		0.00		0.00		0.00		48,802.15		0.00		0.00		6,158,000.00
B-1	3,387,000.00		26,841.97		0.00		0.00		0.00		26,841.97		0.00		0.00		3,387,000.00
B-2	4,927,000.00		39,046.47		0.00		0.00		0.00		39,046.47		0.00		0.00		4,927,000.00
C	3,078,822.24		0.00		-309.59		-17.78		0.00		0.00		0.00		327.37		3,079,149.61
P	100.00		141,268.76		0.00		0.00		0.00		141,268.76		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	615,829,922.24		2,803,661.29		8,843,997.39		507,986.45		9,352,311.21		12,155,972.50		0.00		327.37		606,477,938.40



Page 4 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution

Interest Detail - REMIC II
	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	3.31000%		355,029,000.00		1,468,932.49		0.00		0.00		0.00		1,468,932.49		1,468,932.49		0.00
II-A1	3.18000%		55,615,000.00		221,069.63		0.00		0.00		0.00		221,069.63		221,069.63		0.00
II-A2	3.24000%		27,797,000.00		112,577.85		0.00		0.00		0.00		112,577.85		112,577.85		0.00
II-A3	3.34000%		40,285,000.00		168,189.88		0.00		0.00		0.00		168,189.88		168,189.88		0.00
II-A4	3.39000%		13,139,000.00		55,676.51		0.00		0.00		0.00		55,676.51		55,676.51		0.00
M-1	3.45903%		21,739,000.00		93,994.89		0.00		0.00		0.00		93,994.89		95,379.86		0.00
M-2	3.45903%		18,167,000.00		78,550.31		0.00		0.00		0.00		78,550.31		80,388.97		0.00
M-3	3.45903%		11,393,000.00		49,260.95		0.00		0.00		0.00		49,260.95		50,841.26		0.00
M-4	3.45903%		10,469,000.00		45,265.77		0.00		0.00		0.00		45,265.77		48,288.26		0.00
M-5	3.45903%		9,545,000.00		41,270.59		0.00		0.00		0.00		41,270.59		44,503.57		0.00
M-6	3.45903%		9,237,000.00		39,938.86		0.00		0.00		0.00		39,938.86		43,644.83		0.00
M-7	3.45903%		7,698,000.00		33,284.54		0.00		0.00		0.00		33,284.54		40,799.40		0.00
M-8	3.45903%		5,850,000.00		25,294.18		0.00		0.00		0.00		25,294.18		31,736.25		0.00
M-9	3.45903%		6,158,000.00		26,625.91		0.00		0.00		0.00		26,625.91		36,871.03		0.00
M-10	3.45903%		6,158,000.00		26,625.91		0.00		0.00		0.00		26,625.91		48,802.15		0.00
M-11	3.45903%		6,158,000.00		26,625.91		0.00		0.00		0.00		26,625.91		48,802.15		0.00
B-1	3.45903%		3,387,000.00		14,644.68		0.00		0.00		0.00		14,644.68		26,841.97		0.00
B-2	3.45903%		4,927,000.00		21,303.32		0.00		0.00		0.00		21,303.32		39,046.47		0.00
C	0.12760%		3,078,822.24		0.00		#######		0.00		0.00		2,549,132.15		327.37		2,548,804.78
P	1,695,225.12000%		100.00		0.00		0.00		0.00		0.00		0.00		141,268.76		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			615,829,922.24		2,549,132.18		-2,549,132.15		0.00		0.00		5,098,264.33		2,803,988.66		2,548,804.78



Page 5 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
										Group 2		Group 1		Total
Principal Collections										3,153,687.72		6,198,296.12		9,351,983.84
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										3,153,687.72		6,198,296.12		9,351,983.84
Interest Collections										980,911.33		1,865,174.26		2,846,085.59
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts										0.00		141,268.76		141,268.76
Interest Fees										-50,194.42		-133,171.27		-183,365.69
TOTAL NET INTEREST										930,716.91		1,873,271.75		2,803,988.66
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										4,084,404.63		8,071,567.87		12,155,972.50



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
											Group 2		Group 1		Total
Scheduled Principal Received											140,610.57		367,375.88		507,986.45
Curtailments											-154,611.22		-413,844.20		-568,455.42
Prepayments In Full											3,167,688.37		6,244,764.44		9,412,452.81
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											-39,170.45		-101,400.95		-140,571.40
Realized Losses											-0.00		-0.00		-0.00
Advanced Principal											39,170.45		101,400.95		140,571.40
TOTAL PRINCIPAL COLLECTED											3,153,687.72		6,198,296.12		9,351,983.84


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS
PRINCIPAL - OTHER ACCOUNTS
										Group 2		Group 1		Total
TOTAL PRINCIPAL OTHER ACCOUNTS										0.00		0.00		0.00





Page 6 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
										Group 2		Group 1		Total
Scheduled Interest										1,002,101.47		1,917,214.23		2,919,315.70
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										-5,089.81		-11,966.96		-17,056.77
Delinquent Interest										-300,857.78		-743,963.33		-1,044,821.11
Compensating Interest										5,089.81		11,966.96		17,056.77
Civil Relief Act Shortfalls										-0.00		-0.00		-0.00
Interest Advanced										279,667.63		691,923.37		971,591.00
TOTAL INTEREST COLLECTED										980,911.33		1,865,174.26		2,846,085.59


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														141,268.76
TOTAL INTEREST OTHER ACCOUNTS										0.00		141,268.76		141,268.76



INTEREST - FEES
INTEREST - FEES
										Group 2		Group 1		Total
Current Servicing Fees										50,194.42		133,171.27		133,171.27
Trustee Fees										0.00		0.00		0.00
TOTAL INTEREST FEES										50,194.42		133,171.27		183,365.69




Page 7 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution
Credit Enhancement Report

ACCOUNTS


RESERVE

Amount Deposited in the Account						113,260.35
Amount Withdrawn						113,260.35
Releases						0.00




INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES
STRUCTURAL FEATURES
										Group 2		Group 1		Total
Overcollateralization Amount														3,079,149.61
Overcollateralization Target Amount														3,079,149.61
Overcollateralization Deficiency Amount														0.00
Overcollateralization Release Amount														0.00



Page 8 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										1,024		3,129		4,153
Prior										1,024		3,129		4,153
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-15		-36		-51
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										1,009		3,093		4,102
Principal Balance:


Original										171,322,953.01		444,506,969.23		615,829,922.24
Prior										171,322,953.01		444,506,969.23		615,829,922.24
Prefunding										0.00		0.00		0.00
Scheduled Principal										-140,610.57		-367,375.88		-507,986.45
Partial Prepayments										(154,611.22)		(413,844.20)		(568,455.42)
Full Voluntary Prepayments										-3,167,688.37		-6,244,764.44		-9,412,452.81
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										168,169,265.29		438,308,673.11		606,477,938.40





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 9 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Coupon Original										7.01903%		7.05363%		7.04400%
Weighted Average Coupon Prior										7.01903%		7.05363%		7.04400%
Weighted Average Coupon Current										7.01903%		7.05363%		7.04400%
Weighted Average Months to Maturity Original										354		354		354
Weighted Average Months to Maturity Prior										354		354		354
Weighted Average Months to Maturity Current										354		354		354
Weighted Avg Remaining Amortization Term Original										354		354		354
Weighted Avg Remaining Amortization Term Prior										354		354		354
Weighted Avg Remaining Amortization Term Current										354		354		354
Weighted Average Seasoning Original										3.97		3.92		3.93
Weighted Average Seasoning Prior										3.97		3.92		3.93
Weighted Average Seasoning Current										3.97		3.92		3.93









Page 10 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
										Group 2		Group 1		Total
Weighted Average Margin Original										6.70391%		6.76599%		6.74872%
Weighted Average Margin Prior										6.70391%		6.76599%		6.74872%
Weighted Average Margin Current										6.70391%		6.76599%		6.74872%
Weighted Average Max Rate Original										12.98619%		13.04262%		13.02693%
Weighted Average Max Rate Prior										12.98619%		13.04262%		13.02693%
Weighted Average Max Rate Current										12.98619%		13.04262%		13.02693%
Weighted Average Min Rate Original										6.70391%		6.76599%		6.74872%
Weighted Average Min Rate Prior										6.70391%		6.76599%		6.74872%
Weighted Average Min Rate Current										6.70391%		6.76599%		6.74872%
Weighted Average Cap Up Original										1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Prior										1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Current										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Original										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Prior										1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Current										1.00000%		1.00000%		1.00000%




SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										50,194.42		133,171.27		133,171.27
Delinquent Servicing Fees										21,190.15		52,039.96		73,230.11
TOTAL SERVICING FEES										71,384.57		185,211.24		256,595.81


Total Servicing Fees										71,384.57		185,211.24		256,595.81
Compensating Interest										-5,089.81		-11,966.96		-17,056.77
Delinquent Servicing Fees										-21,190.15		-52,039.96		-73,230.11
COLLECTED SERVICING FEES										45,104.61		121,204.32		166,308.93


Total Advaced Interest										279,667.63		691,923.37		971,591.00
Total Advaced Principal										39,170.45		101,400.95		140,571.40
Aggregate Advances with respect to this Distribution										318,838.08		793,324.31		1,112,162.39





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)										5,089.81		11,966.96		17,056.77
Compensating Interest										-5,089.81		-11,966.96		-17,056.77
Net Prepayment Interest Shortfall (PPIS)										0.00		0.00		0.00

Weighted Average Net Mortgage Rate										6.519035%		5.057122%		5.463800%

Libor For Current Period														3.0900%

Libor For Next Period														3.3144%



Page 11 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				4,072,835.43		666,338.19		0.00		4,739,173.62
			% Balance				0.67%		0.11%		0.00%		0.78%
			# Loans				25		5		0		30
			% # Loans				0.61%		0.12%		0.00%		0.73%
	FORECLOSURE		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%
	BANKRUPTCY		Balance		0.00		112,112.29		0.00		0.00		112,112.29
			% Balance		0.00%		0.02%		0.00%		0.00%		0.02%
			# Loans		0		1		0		0		1
			% # Loans		0.00%		0.02%		0.00%		0.00%		0.02%
	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		0.00		4,184,947.72		666,338.19		0.00		4,851,285.91
			% Balance		0.00%		0.69%		0.11%		0.00%		0.80%
			# Loans		0		26		5		0		31
			% # Loans		0.00%		0.63%		0.12%		0.00%		0.76%









Page 12 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				2,323,588.75		397,793.85		0.00		2,721,382.60
			% Balance				0.53%		0.09%		0.00%		0.62%
			# Loans				16		3		0		19
			% # Loans				0.52%		0.10%		0.00%		0.61%
	FORECLOSURE		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%
	BANKRUPTCY		Balance		0.00		112,112.29		0.00		0.00		112,112.29
			% Balance		0.00%		0.03%		0.00%		0.00%		0.03%
			# Loans		0		1		0		0		1
			% # Loans		0.00%		0.03%		0.00%		0.00%		0.03%
	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		0.00		2,435,701.04		397,793.85		0.00		2,833,494.89
			% Balance		0.00%		0.56%		0.09%		0.00%		0.65%
			# Loans		0		17		3		0		20
			% # Loans		0.00%		0.55%		0.10%		0.00%		0.65%










Page 13 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				1,749,246.68		268,544.34		0.00		2,017,791.02
			% Balance				1.04%		0.16%		0.00%		1.20%
			# Loans				9		2		0		11
			% # Loans				0.89%		0.20%		0.00%		1.09%
	FORECLOSURE		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%
	BANKRUPTCY		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%
	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		0.00		1,749,246.68		268,544.34		0.00		2,017,791.02
			% Balance		0.00%		1.04%		0.16%		0.00%		1.20%
			# Loans		0		9		2		0		11
			% # Loans		0.00%		0.89%		0.20%		0.00%		1.09%









Page 14 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

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 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

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




TOTAL



Page 16 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										15		36		51
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										15		36		51
Curtailments Amount										#######		-413,844.20		-568,455.42
Paid in Full Balance										3,167,688.37		6,244,764.44		9,412,452.81
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										3,013,077.15		5,830,920.24		8,843,997.39

Cumulative


Number of Paid in Full Loans										15		36		51
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										15		36		51
Paid in Full Balance										3,167,688.37		6,244,764.44		9,412,452.81
Repurchased Loans Balance										0.00		0.00		0.00
Curtailments Amount										-154,611.22		-413,844.20		-568,455.42
Total Prepayment Amount										3,013,077.15		5,830,920.24		8,843,997.39










Page 17 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

June 27, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

											Group 2		Group 1		Total



SMM										1.76%		1.31%		1.44%
3 Months Avg SMM										1.76%		1.31%		1.44%
12 Months Avg SMM										1.76%		1.31%		1.44%
Avg SMM Since Cut-off										1.76%		1.31%		1.44%


CPR										19.19%		14.67%		15.95%
3 Months Avg CPR										19.19%		14.67%		15.95%
12 Months Avg CPR										19.19%		14.67%		15.95%
Avg CPR Since Cut-off										19.19%		14.67%		15.95%


PSA										2,415.08%		1,871.12%		2,026.88%
3 Months Avg PSA Approximation										2,415.08%		1,871.12%		2,026.89%
12 Months Avg PSA Approximation										2,415.08%		1,871.12%		2,026.89%
Avg PSA Since Cut-off Approximation										2,415.08%		1,871.12%		2,026.89%










Page 18 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

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 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

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

2010041286910 1			221,850.00		220,989.54			17-May-2005		7.340%		GA - 85.00%		Paid Off - 360		10-Feb-2005
			221,850.00

2010041288860 2			123,750.00		123,402.60			27-May-2005		8.940%		VA - 73.66%		Paid Off - 360		11-Feb-2005
2010041288860 2					123,402.60			27-May-2005		8.940%		VA - 73.66%		Paid Off - 360		11-Feb-2005
2010050192180 1			115,920.00		115,535.79			02-Jun-2005		6.990%		NC - 80.00%		Paid Off - 360		21-Feb-2005
2010050192180 1					115,535.79			02-Jun-2005		6.990%		NC - 80.00%		Paid Off - 360		21-Feb-2005
2010050196090 1			102,000.00		101,720.12			04-May-2005		7.940%		SC - 80.00%		Paid Off - 360		25-Feb-2005
2010050196090 1					101,720.12			04-May-2005		7.940%		SC - 80.00%		Paid Off - 360		25-Feb-2005
2020050190740 2			74,400.00		74,201.93			14-Jun-2005		8.090%		OH - 80.00%		Paid Off - 360		04-Mar-2005
2020050190740 2					74,201.93			14-Jun-2005		8.090%		OH - 80.00%		Paid Off - 360		04-Mar-2005
2020050294620 1			175,000.00		174,507.84			24-May-2005		6.340%		OH - 70.00%		Paid Off - 360		18-Mar-2005
2020050294620 1					174,507.84			24-May-2005		6.340%		OH - 70.00%		Paid Off - 360		18-Mar-2005
2020050294910 1			292,500.00		291,923.84			03-May-2005		8.140%		OH - 75.00%		Paid Off - 360		01-Apr-2005
2020050294910 1					291,923.84			03-May-2005		8.140%		OH - 75.00%		Paid Off - 360		01-Apr-2005
2030050149770 1			216,000.00		175,916.49			31-May-2005		7.790%		NJ - 72.00%		Paid Off - 360		17-Feb-2005
2030050149770 1					175,916.49			31-May-2005		7.790%		NJ - 72.00%		Paid Off - 360		17-Feb-2005
2030050150300 2			86,100.00		85,827.76			06-May-2005		7.250%		DE - 67.80%		Paid Off - 360		24-Feb-2005
2030050150300 2					85,827.76			06-May-2005		7.250%		DE - 67.80%		Paid Off - 360		24-Feb-2005
2060041091050 1			207,000.00		205,954.79			19-May-2005		6.940%		FL - 90.00%		Paid Off - 360		16-Dec-2004
2060041091050 1					205,954.79			19-May-2005		6.940%		FL - 90.00%		Paid Off - 360		16-Dec-2004
2060041298870 1			236,000.00		235,146.26			08-Jun-2005		6.540%		FL - 74.92%		Paid Off - 360		20-Feb-2005
2060041298870 1					235,146.26			08-Jun-2005		6.540%		FL - 74.92%		Paid Off - 360		20-Feb-2005
2060050107550 1			185,000.00		184,490.30			02-May-2005		7.920%		FL - 65.60%		Paid Off - 360		01-Mar-2005
2060050107550 1					184,490.30			02-May-2005		7.920%		FL - 65.60%		Paid Off - 360		01-Mar-2005
2060050108730 1			261,900.00		261,113.76			31-May-2005		7.320%		FL - 90.00%		Paid Off - 360		14-Mar-2005
2060050108730 1					261,113.76			31-May-2005		7.320%		FL - 90.00%		Paid Off - 360		14-Mar-2005
2060050210690 2			207,000.00		206,408.71			02-May-2005		7.740%		FL - 90.00%		Paid Off - 360		14-Mar-2005
2060050210690 2					206,408.71			02-May-2005		7.740%		FL - 90.00%		Paid Off - 360		14-Mar-2005
2060050211650 2			198,392.00		197,728.02			23-May-2005		6.940%		FL - 80.00%		Paid Off - 360		11-Mar-2005
2060050211650 2					197,728.02			23-May-2005		6.940%		FL - 80.00%		Paid Off - 360		11-Mar-2005
2060050212690 1			103,000.00		102,734.53			14-Jun-2005		6.790%		FL - 79.84%		Paid Off - 360		23-Mar-2005
2060050212690 1					102,734.53			14-Jun-2005		6.790%		FL - 79.84%		Paid Off - 360		23-Mar-2005
2070041171960 1			101,600.00		101,224.24			01-Jun-2005		7.580%		IL - 80.00%		Paid Off - 360		13-Feb-2005
2070041171960 1					101,224.24			01-Jun-2005		7.580%		IL - 80.00%		Paid Off - 360		13-Feb-2005
2070041278310 1			199,500.00		198,778.31			06-Jun-2005		6.540%		IL - 77.33%		Paid Off - 360		01-Mar-2005
2070041278310 1					198,778.31			06-Jun-2005		6.540%		IL - 77.33%		Paid Off - 360		01-Mar-2005
2070041279420 1			369,000.00		368,066.28			05-May-2005		8.340%		IL - 90.00%		Paid Off - 360		01-Mar-2005
2070041279420 1					368,066.28			05-May-2005		8.340%		IL - 90.00%		Paid Off - 360		01-Mar-2005
2070041284440 2			276,000.00		275,242.69			04-May-2005		7.940%		WI - 80.00%		Paid Off - 360		01-Mar-2005
2070041284440 2					275,242.69			04-May-2005		7.940%		WI - 80.00%		Paid Off - 360		01-Mar-2005
2070050185390 1			90,020.00		89,803.54			23-May-2005		8.590%		WI - 70.00%		Paid Off - 360		01-Mar-2005
2070050185390 1					89,803.54			23-May-2005		8.590%		WI - 70.00%		Paid Off - 360		01-Mar-2005
2070050186390 1			101,250.00		100,957.86			28-Apr-2005		7.690%		IL - 90.00%		Paid Off - 360		01-Mar-2005
2070050186390 1					100,957.86			28-Apr-2005		7.690%		IL - 90.00%		Paid Off - 360		01-Mar-2005
2070050189160 1			71,600.00		71,424.27			29-Apr-2005		8.490%		IL - 80.00%		Paid Off - 360		01-Mar-2005
2070050189160 1					71,424.27			29-Apr-2005		8.490%		IL - 80.00%		Paid Off - 360		01-Mar-2005
2080041136830 2			187,200.00		186,022.05			11-May-2005		5.790%		MI - 80.00%		Paid Off - 360		01-Jan-2005
2080041136830 2					186,022.05			11-May-2005		5.790%		MI - 80.00%		Paid Off - 360		01-Jan-2005
2080041241190 2			72,000.00		71,731.29			14-Jun-2005		8.540%		MI - 80.00%		Paid Off - 360		13-Jan-2005
2080041241190 2					71,731.29			14-Jun-2005		8.540%		MI - 80.00%		Paid Off - 360		13-Jan-2005
2080041244940 2			350,000.00		349,192.35			05-May-2005		8.790%		MI - 84.34%		Paid Off - 360		18-Feb-2005
2080041244940 2					349,192.35			05-May-2005		8.790%		MI - 84.34%		Paid Off - 360		18-Feb-2005
2080050148200 1			346,500.00		345,342.64			02-Jun-2005		6.950%		MI - 90.00%		Paid Off - 360		01-Mar-2005
2080050148200 1					345,342.64			02-Jun-2005		6.950%		MI - 90.00%		Paid Off - 360		01-Mar-2005
2090041222660 2			250,750.00		250,172.93			09-May-2005		7.440%		MA - 85.00%		Paid Off - 360		22-Mar-2005
2090041222660 2					250,172.93			09-May-2005		7.440%		MA - 85.00%		Paid Off - 360		22-Mar-2005
2090050229160 1			160,000.00		159,637.22			02-May-2005		7.440%		MA - 78.82%		Paid Off - 360		22-Mar-2005
2090050229160 1					159,637.22			02-May-2005		7.440%		MA - 78.82%		Paid Off - 360		22-Mar-2005
2200040930820 1			212,500.00		211,156.63			02-May-2005		6.590%		CA - 85.00%		Paid Off - 360		01-Dec-2004
2200040930820 1					211,156.63			02-May-2005		6.590%		CA - 85.00%		Paid Off - 360		01-Dec-2004
2200050159740 1			250,000.00		249,171.47			27-May-2005		6.990%		CA - 63.29%		Paid Off - 360		01-Mar-2005
2200050159740 1					249,171.47			27-May-2005		6.990%		CA - 63.29%		Paid Off - 360		01-Mar-2005
2210050188740 1			211,500.00		210,919.65			17-May-2005		7.940%		MO - 90.00%		Paid Off - 360		01-Mar-2005
2210050188740 1					210,919.65			17-May-2005		7.940%		MO - 90.00%		Paid Off - 360		01-Mar-2005
2210050189730 2			68,850.00		68,711.17			09-Jun-2005		9.440%		MO - 90.00%		Paid Off - 360		05-Mar-2005
2210050189730 2					68,711.17			09-Jun-2005		9.440%		MO - 90.00%		Paid Off - 360		05-Mar-2005
2220041200040 1			148,000.00		147,621.68			03-Jun-2005		8.290%		VA - 80.00%		Paid Off - 360		01-Mar-2005
2220041200040 1					147,621.68			03-Jun-2005		8.290%		VA - 80.00%		Paid Off - 360		01-Mar-2005
2220041200540 1			160,000.00		159,385.54			31-May-2005		7.390%		MD - 69.57%		Paid Off - 360		11-Feb-2005
2220041200540 1					159,385.54			31-May-2005		7.390%		MD - 69.57%		Paid Off - 360		11-Feb-2005
2220041298540 1			133,000.00		132,537.69			23-May-2005		7.890%		MD - 61.57%		Paid Off - 360		03-Feb-2005
2220041298540 1					132,537.69			23-May-2005		7.890%		MD - 61.57%		Paid Off - 360		03-Feb-2005
2250041224580 1			76,000.00		75,705.20			02-May-2005		7.340%		FL - 80.00%		Paid Off - 360		23-Jan-2005
2250041224580 1					75,705.20					7.340%		FL - 80.00%		Paid Off - 360



Page 20 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

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

2250041225050 1			88,800.00		88,420.09			03-Jun-2005		6.840%		FL - 80.00%		Paid Off - 360		30-Jan-2005
			88,800.00

2260050101990 2			51,200.00		50,791.65			04-May-2005		5.990%		UT - 80.00%		Paid Off - 360		01-Mar-2005
2260050101990 2					50,791.65			04-May-2005		5.990%		UT - 80.00%		Paid Off - 360		01-Mar-2005
2280041210160 1			267,750.00		266,771.54			03-May-2005		7.640%		MN - 85.00%		Paid Off - 360		01-Feb-2005
2280041210160 1					266,771.54			03-May-2005		7.640%		MN - 85.00%		Paid Off - 360		01-Feb-2005
2280050119630 2			334,983.00		334,983.01			01-Jun-2005		7.090%		MI - 90.00%		Paid Off - 360		01-Mar-2005
2280050119630 2					334,983.01			01-Jun-2005		7.090%		MI - 90.00%		Paid Off - 360		01-Mar-2005
2280050200088 1			225,000.00		224,348.48			01-Jun-2005		6.190%		MN - 86.54%		Paid Off - 360		01-Apr-2005
2280050200088 1					224,348.48			01-Jun-2005		6.190%		MN - 86.54%		Paid Off - 360		01-Apr-2005
2290041258380 1			153,425.00		152,716.07			24-May-2005		6.750%		CA - 85.00%		Paid Off - 360		01-Feb-2005
2290041258380 1					152,716.07			24-May-2005		6.750%		CA - 85.00%		Paid Off - 360		01-Feb-2005
2290050168520 2			410,400.00		409,362.73			02-Jun-2005		6.890%		CA - 80.00%		Paid Off - 360		01-Apr-2005
2290050168520 2					409,362.73			02-Jun-2005		6.890%		CA - 80.00%		Paid Off - 360		01-Apr-2005
2320041177910 1			156,000.00		155,394.94			24-May-2005		7.340%		FL - 65.00%		Paid Off - 360		19-Jan-2005
2320041177910 1					155,394.94			24-May-2005		7.340%		FL - 65.00%		Paid Off - 360		19-Jan-2005
2330041296780 1			63,000.00		62,816.38			09-Jun-2005		7.640%		GA - 65.63%		Paid Off - 360		15-Feb-2005
2330041296780 1					62,816.38			09-Jun-2005		7.640%		GA - 65.63%		Paid Off - 360		15-Feb-2005
2350041273070 2			485,100.00		483,909.48			01-Jun-2005		8.490%		NJ - 70.30%		Paid Off - 360		01-Mar-2005
2350041273070 2					483,909.48			01-Jun-2005		8.490%		NJ - 70.30%		Paid Off - 360		01-Mar-2005
2350041273280 1			145,300.00		144,661.34			31-May-2005		7.790%		FL - 87.01%		Paid Off - 360		01-Mar-2005
2350041273280 1					144,661.34			31-May-2005		7.790%		FL - 87.01%		Paid Off - 360		01-Mar-2005
2350050275700 1			150,000.00		149,598.05			16-May-2005		6.590%		NJ - 75.00%		Paid Off - 360		01-Apr-2005
2350050275700 1					149,598.05			16-May-2005		6.590%		NJ - 75.00%		Paid Off - 360		01-Apr-2005
2360041245680 1			151,200.00		150,565.17			23-May-2005		6.940%		CA - 80.00%		Paid Off - 360		01-Feb-2005
2360041245680 1					150,565.17			23-May-2005		6.940%		CA - 80.00%		Paid Off - 360		01-Feb-2005
2360041247830 1			158,400.00		157,706.90			02-May-2005		5.540%		CA - 80.00%		Paid Off - 360		01-Mar-2005
2360041247830 1					157,706.90			02-May-2005		5.540%		CA - 80.00%		Paid Off - 360		01-Mar-2005


TOTAL			9,481,640.00		9,412,452.81
TOTAL


Page 21 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

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 22 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

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 23 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

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 24 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

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 25 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

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

						60+ days Delinqueny Balance								778,450.48
						Beginning Collateral Balance								615,829,922.24
						Delinquency Percentage								0.1264%

						Credit Enhancement Percentage								20.129700%

						Cumulative Loss Percentage								0.0000%


ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION

SPACE INTENTIONALLY LEFT BLANK




Page 26 of 27
Soundview Home Equity Loan Trust 2005-DO1

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-DO1

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
			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
			II-A4										$0.00		$0.00
													$0.00		$0.00
			M-1										$0.00		#######
													$0.00		#######
			M-2										$0.00		#######
													$0.00		#######
			M-3										$0.00		#######
													$0.00		#######
			M-4										$0.00		#######
													$0.00		#######
			M-5										$0.00		#######
													$0.00		#######
			M-6										$0.00		#######
													$0.00		#######
			M-7										$0.00		#######
													$0.00		#######
			M-8										$0.00		#######
													$0.00		#######
			M-9										$0.00		#######
													$0.00		#######
			M-10										$0.00		#######
													$0.00		#######
			M-11										$0.00		#######
													$0.00		#######
			B-1										$0.00		#######
													$0.00		#######
			B-2										$0.01		#######
													$0.01		#######






Page 27 of 27

Filing Compare · Soundview Home Loan Trust 2005 DO-1 Asset Backed Certificates,Series