
                                    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)


                             SAXON ASSET SECURITIES COMPANY,
              (as Depositor, under the Sale and Servicing Agreement, dated
              as January 1, 2005, providing for the issuance of Saxon Asset
          Securities Trust 2005-1 Mortgage Loan Asset Backed Notes,
                                    Series 2005-1)
                    (Exact name of registrant as specified in charter)



                                         VIRGINIA
                     (State or Other Jurisdiction of Incorporation)

               333-111832-01                           52-1865887
          (Commission File Number)        (I.R.S. Employer Identification No.)


           4880 Cox Road Suite 100
           Glen Allen, Virginia                           23060
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (804) 967-7400



             (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.

     This current report on Form 8-K relates to the monthly distribution reported to the holders of
     Saxon Asset Securities Trust 2005-1 Mortgage Loan Asset Backed Notes, Series
     2005-1 which was made on January 1, 2005


     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 behalf of the Registrant by the undersigned thereunto duly
    authorized.



                                  DEUTSCHE BANK TRUST COMPANY AMERICAS,
                                  IN ITS CAPACITY AS INDENTURE TRUSTEE
                                  UNDER THE SALE AND SERVICING AGREEMENT
                                  ON BEHALF OF SAXON ASSET SECURITIES
                                  COMPANY, 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.



Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller
										1. Certificate Payment Report					2
				Morgan Stanley
										2. Collection Account Report					4

										3. Credit Enhancement Report					6
										4. Collateral Report					7
				Certificate Insurer(s)						5. Delinquency Report					10

										6. REO Report					13

										7. Foreclosure Report					14
										8. Prepayment Report					15
										9. Prepayment Detail Report					18

										10. Realized Loss Report					23
										11. Realized Loss Detail Report					26
				Servicer(s)
										12. Triggers and Adj. Cert. Report					27
				Countrywide Home Loans Srvc LP
										13. Other Related Information					28



				Underwriter(s)
				Morgan Stanley


										Total Number of Pages					28


				Dates						Contacts

				Cut-Off Date:			February 01, 2005			Eiko Akiyama
				Close Date:			February 24, 2005			Administrator
				First Distribution Date:			March 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
										Main Phone Number:			(714) 247-6000

							June 24, 2005


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






Page 1 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC II
					Prior												Current
	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)

A-1SS		$	425,115,000.00		396,354,680.47		1,276,179.50		17,086,146.95		18,362,326.45		0.00		0.00		379,268,533.52

A-1MZ		$	106,279,000.00		99,088,903.27		307,010.45		4,271,546.77		4,578,557.22		0.00		0.00		94,817,356.50
A-2A		$	166,533,000.00		135,318,432.27		395,693.65		15,020,256.38		15,415,950.03		0.00		0.00		120,298,175.89
A-2B		$	185,000,000.00		185,000,000.00		561,320.83		0.00		561,320.83		0.00		0.00		185,000,000.00
A-2C		$	37,000,000.00		37,000,000.00		116,673.33		0.00		116,673.33		0.00		0.00		37,000,000.00
M-1		$	39,024,000.00		39,024,000.00		127,348.32		0.00		127,348.32		0.00		0.00		39,024,000.00
M-2		$	35,006,000.00		35,006,000.00		114,878.02		0.00		114,878.02		0.00		0.00		35,006,000.00
M-3		$	22,382,000.00		22,382,000.00		74,065.77		0.00		74,065.77		0.00		0.00		22,382,000.00
M-4		$	20,085,000.00		20,085,000.00		69,594.53		0.00		69,594.53		0.00		0.00		20,085,000.00
M-5		$	18,364,000.00		18,364,000.00		64,304.61		0.00		64,304.61		0.00		0.00		18,364,000.00
M-6		$	17,217,000.00		17,217,000.00		61,392.95		0.00		61,392.95		0.00		0.00		17,217,000.00
B-1		$	16,069,000.00		16,069,000.00		63,485.94		0.00		63,485.94		0.00		0.00		16,069,000.00
B-2		$	12,625,000.00		12,625,000.00		50,805.10		0.00		50,805.10		0.00		0.00		12,625,000.00
B-3		$	12,625,000.00		12,625,000.00		60,642.08		0.00		60,642.08		0.00		0.00		12,625,000.00
X		$	34,433,233.00		34,432,716.99		2,606,430.73		0.00		2,606,430.73		0.00		0.00		34,432,716.99
R		$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
P		$	0.00		0.00		542,742.52		0.00		542,742.52		0.00		0.00		0.00

Total			1,147,757,233.00		1,080,591,733.00		6,492,568.33		36,377,950.10		42,870,518.43		0.00		0.00		1,044,213,782.90





Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current

	Period		Period						(with Notional)		Principal						Total	Principal

Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1SS	05/25/05		06/26/05		A-Act/360		61744CLP9		425,115,000.00		932.346966		3.001963		40.191823		43.193786	892.155143
A-1MZ	05/25/05		06/26/05		A-Act/360		61744CLQ7		106,279,000.00		932.346967		2.888722		40.191823		43.080545	892.155144
A-2A	05/25/05		06/26/05		A-Act/360		61744CLR5		166,533,000.00		812.562269		2.376068		90.193874		92.569941	722.368395
A-2B	05/25/05		06/26/05		A-Act/360		61744CLS3		185,000,000.00		1,000.000000		3.034167		0.000000		3.034167	1,000.000000
A-2C	05/25/05		06/26/05		A-Act/360		61744CLT1		37,000,000.00		1,000.000000		3.153333		0.000000		3.153333	1,000.000000
M-1	05/25/05		06/26/05		A-Act/360		61744CLU8		39,024,000.00		1,000.000000		3.263333		0.000000		3.263333	1,000.000000
M-2	05/25/05		06/26/05		A-Act/360		61744CLV6		35,006,000.00		1,000.000000		3.281667		0.000000		3.281667	1,000.000000
M-3	05/25/05		06/26/05		A-Act/360		61744CLW4		22,382,000.00		1,000.000000		3.309167		0.000000		3.309167	1,000.000000
M-4	05/25/05		06/26/05		A-Act/360		61744CLX2		20,085,000.00		1,000.000000		3.465000		0.000000		3.465000	1,000.000000
M-5	05/25/05		06/26/05		A-Act/360		61744CLY0		18,364,000.00		1,000.000000		3.501667		0.000000		3.501667	1,000.000000
M-6	05/25/05		06/26/05		A-Act/360		61744CLZ7		17,217,000.00		1,000.000000		3.565833		0.000000		3.565833	1,000.000000
B-1	05/25/05		06/26/05		A-Act/360		61744CMA1		16,069,000.00		1,000.000000		3.950833		0.000000		3.950833	1,000.000000
B-2	05/25/05		06/26/05		A-Act/360		61744CMB9		12,625,000.00		1,000.000000		4.024166		0.000000		4.024166	1,000.000000
B-3	05/25/05		06/26/05		A-Act/360		61744CMC7		12,625,000.00		1,000.000000		4.803333		0.000000		4.803333	1,000.000000
X	05/25/05		06/26/05		A-Act/360				34,433,233.00		999.985014		75.695208		0.000000		75.695208	999.985014
R	05/25/05		06/24/05				0.00		0.000000		0.000000		0.000000		0.000000		0.000000
P	05/25/05		06/24/05				0.00		0.000000		0.000000		0.000000		0.000000		0.000000



Page 2 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

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)
A-1SS	425,115,000.00		4,671,653.82		44,596,820.67		1,249,645.81		45,846,466.48		50,518,120.30		0.00		0.00		379,268,533.52
A-1MZ	106,279,000.00		1,121,299.98		11,149,231.31		312,412.18		11,461,643.50		12,582,943.48		0.00		0.00		94,817,356.50
A-2A	166,533,000.00		1,549,559.61		44,934,641.17		1,300,182.94		46,234,824.11		47,784,383.72		0.00		0.00		120,298,175.89
A-2B	185,000,000.00		1,973,127.78		0.00		0.00		0.00		1,973,127.78		0.00		0.00		185,000,000.00
A-2C	37,000,000.00		411,059.72		0.00		0.00		0.00		411,059.72		0.00		0.00		37,000,000.00
M-1	39,024,000.00		449,545.64		0.00		0.00		0.00		449,545.64		0.00		0.00		39,024,000.00
M-2	35,006,000.00		405,651.47		0.00		0.00		0.00		405,651.47		0.00		0.00		35,006,000.00
M-3	22,382,000.00		261,658.02		0.00		0.00		0.00		261,658.02		0.00		0.00		22,382,000.00
M-4	20,085,000.00		246,470.86		0.00		0.00		0.00		246,470.86		0.00		0.00		20,085,000.00
M-5	18,364,000.00		227,861.53		0.00		0.00		0.00		227,861.53		0.00		0.00		18,364,000.00
M-6	17,217,000.00		217,747.23		0.00		0.00		0.00		217,747.23		0.00		0.00		17,217,000.00
B-1	16,069,000.00		226,287.22		0.00		0.00		0.00		226,287.22		0.00		0.00		16,069,000.00
B-2	12,625,000.00		181,238.88		0.00		0.00		0.00		181,238.88		0.00		0.00		12,625,000.00
B-3	12,625,000.00		217,903.99		0.00		0.00		0.00		217,903.99		0.00		0.00		12,625,000.00
X	34,433,233.00		12,485,655.48		489.36		26.56		515.92		12,486,171.40		0.00		0.00		34,432,716.99
R	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
P	0.00		1,379,284.49		0.00		0.00		0.00		1,379,284.49		0.00		0.00		0.00

Total	1,147,757,233.00		26,026,005.72		100,681,182.51		2,862,267.49		103,543,450.01		129,569,455.73		0.00		0.00		1,044,213,782.90


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


	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)
A-1SS	3.51250%		396,354,680.47		1,276,179.50		0.00		0.00		0.00		1,276,179.50		1,276,179.50		0.00
A-1MZ	3.38000%		99,088,903.27		307,010.45		0.00		0.00		0.00		307,010.45		307,010.45		0.00
A-2A	3.19000%		135,318,432.27		395,693.65		0.00		0.00		0.00		395,693.65		395,693.65		0.00
A-2B	3.31000%		185,000,000.00		561,320.83		0.00		0.00		0.00		561,320.83		561,320.83		0.00
A-2C	3.44000%		37,000,000.00		116,673.33		0.00		0.00		0.00		116,673.33		116,673.33		0.00
M-1	3.56000%		39,024,000.00		127,348.32		0.00		0.00		0.00		127,348.32		127,348.32		0.00
M-2	3.58000%		35,006,000.00		114,878.02		0.00		0.00		0.00		114,878.02		114,878.02		0.00
M-3	3.61000%		22,382,000.00		74,065.77		0.00		0.00		0.00		74,065.77		74,065.77		0.00
M-4	3.78000%		20,085,000.00		69,594.53		0.00		0.00		0.00		69,594.53		69,594.53		0.00
M-5	3.82000%		18,364,000.00		64,304.61		0.00		0.00		0.00		64,304.61		64,304.61		0.00
M-6	3.89000%		17,217,000.00		61,392.95		0.00		0.00		0.00		61,392.95		61,392.95		0.00
B-1	4.31000%		16,069,000.00		63,485.94		0.00		0.00		0.00		63,485.94		63,485.94		0.00
B-2	4.39000%		12,625,000.00		50,805.10		0.00		0.00		0.00		50,805.10		50,805.10		0.00
B-3	5.24000%		12,625,000.00		60,642.08		0.00		0.00		0.00		60,642.08		60,642.08		0.00
X	82.57783%		34,432,716.99		2,867,073.80		0.00		0.00		0.00		2,867,073.80		2,606,430.73		260,643.07
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00
P	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		542,742.52		0.00

Total			1,080,591,733.00		6,210,468.88		0.00		0.00		0.00		6,210,468.88		6,492,568.33		260,643.07



Page 3 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution
Collection Account Report
SUMMARY

										Group 2		Group 1		Total
Principal Collections										15,020,256.42		21,357,693.68		36,377,950.10
Principal Withrawals										0.00		0.00		0.00
Principal Other Accounts										0.00		0.00		0.00
TOTAL NET PRINCIPAL										15,020,256.42		21,357,693.68		36,377,950.10
Interest Collections										2,503,172.72		3,516,184.38		6,019,357.10
Interest Withdrawals										-0.00		-0.00		-0.00
Interest Other Accounts										0.00		0.00		542,742.52
Interest Fees										-27,528.44		-41,898.45		-69,531.29
TOTAL NET INTEREST										2,475,644.28		3,474,285.93		6,492,568.33
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION										17,495,900.70		24,831,979.61		42,870,518.43



PRINCIPAL - COLLECTIONS

											Group 2		Group 1		Total
Scheduled Principal Received											218,969.14		470,883.16		689,852.30
Prepayments In Full											14,788,187.49		20,802,701.93		35,590,889.42
Curtailments											13,099.79		84,108.59		97,208.38
Liquidations											0.00		0.00		0.00
Insurance Principal											0.00		0.00		0.00
Repurchased Principal Amounts											0.00		0.00		0.00
Other Principal											0.00		0.00		0.00
Total Realized Loss Of Principal											-0.00		-0.00		-0.00
Delinquent Principal											-199,914.64		-410,524.31		-610,438.95
Advanced Principal											199,914.64		410,524.31		610,438.95
TOTAL PRINCIPAL COLLECTED											15,020,256.42		21,357,693.68		36,377,950.10


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS

										Group 2		Group 1		Total
Closing Deposit										0.00		0.00		0.00
TOTAL OTHER ACCOUNTS PRINCIPAL										0.00		0.00		0.00





Page 4 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution

INTEREST - COLLECTIONS

										Group 2		Group 1		Total
Scheduled Interest										2,666,132.42		3,737,646.32		6,403,778.74
Liquidation Interest										0.00		0.00		0.00
Repurchased Interest										0.00		0.00		0.00
Insurance Interest										0.00		0.00		0.00
Other Interest										0.00		0.00		0.00
Relief Act Interest Shortfalls										-0.00		-0.00		-0.00
Prepayment Interest Shortfalls										-38,878.50		-64,324.20		-103,202.70
Compensating Interest										38,878.50		#######		103,202.70
Delinquent Interest										-2,302,717.55		-3,162,510.55		-5,465,228.10
Interest Advanced										2,139,757.85		2,941,048.61		5,080,806.46
TOTAL INTEREST COLLECTED										2,503,172.72		3,516,184.38		6,019,357.10


INTEREST - WITHDRAWALS

										Group 2		Group 1		Total
Nonrecoverable Advances										0.00		0.00		0.00
TOTAL INTEREST WITHDRAWALS										0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS

										Group 2		Group 1		Total
Prepayment Charges														542,742.52
TOTAL INTEREST OTHER ACCOUNTS										0.00		0.00		542,742.52



INTEREST - FEES

										Group 2		Group 1		Total
Current Servicing Fees										26,016.63		39,808.29		65,824.92
Current Trustee Fees										1,511.81		2,090.16		3,601.97
Current Custodian Fees														104.40
TOTAL INTEREST OTHER FEES										27,528.44		41,898.45		69,531.29




Page 5 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution
Credit Enhancement Report
ACCOUNTS

SPACE INTENTIONALLY LEFT BLANK



INSURANCE

SPACE INTENTIONALLY LEFT BLANK



STRUCTURAL FEATURES

										Group 2		Group 1		Total
Overcollateralization Amount														34,432,716.99
Overcollateralization Target Amount														34,432,716.99
Overcollateralization Deficiency Amount														0.00
Overcollateralization Release Amount														0.00




Page 6 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution
Collateral Report


COLLATERAL



											Group 2		Group 1		Total



Loan Count:


Original										1,843		4,471		6,314
Prior										1,740		4,278		6,018
Prefunding										0		0		0
Scheduled Paid Offs										-0		-0		-0
Full Voluntary Prepayments										-51		-137		-188
Repurchases										-0		-0		-0
Liquidations										-0		-0		-0
Current										1,689		4,141		5,830
Principal Balance:


Original										484,757,697.00		662,999,209.14		1,147,756,906.14
Prior										453,543,188.23		627,048,544.86		1,080,591,733.09
Prefunding										0.00		0.00		0.00
Scheduled Principal										-218,969.14		-470,883.16		-689,852.30
Partial Prepayments										-13,099.79		-84,108.59		-97,208.38
Full Voluntary Prepayments										-14,788,187.49		-20,802,701.93		-35,590,889.42
Repurchases										-0.00		-0.00		-0.00
Liquidations										-0.00		-0.00		-0.00
Current										438,522,931.81		605,690,851.18		1,044,213,782.99





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 7 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution

CHARACTERISTICS

										Group 2		Group 1		Total
Weighted Average Coupon Original										7.08734%		7.15842%		7.12840%
Weighted Average Coupon Prior										7.06471%		7.15577%		7.11751%
Weighted Average Coupon Current										7.05414%		7.15284%		7.11141%
Weighted Average Months to Maturity Original										332		340		336
Weighted Average Months to Maturity Prior										329		337		334
Weighted Average Months to Maturity Current										328		336		333
Weighted Avg Remaining Amortization Term Original										332		340		336
Weighted Avg Remaining Amortization Term Prior										329		337		334
Weighted Avg Remaining Amortization Term Current										328		336		333
Weighted Average Seasoning Original										4.26		4.24		4.25
Weighted Average Seasoning Prior										6.26		6.24		6.25
Weighted Average Seasoning Current										7.26		7.24		7.25









Page 8 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution

ARM CHARACTERISTICS

										Group 2		Group 1		Total
Weighted Average Margin Original										6.02245%		6.17056%		6.10677%
Weighted Average Margin Prior										6.00769%		6.16114%		6.09537%
Weighted Average Margin Current										5.99180%		6.15913%		6.08741%
Weighted Average Max Rate Original										13.11994%		13.36422%		13.25902%
Weighted Average Max Rate Prior										13.09009%		13.35395%		13.24085%
Weighted Average Max Rate Current										13.07435%		13.34750%		13.23043%
Weighted Average Min Rate Original										6.61896%		6.86228%		6.75750%
Weighted Average Min Rate Prior										6.58926%		6.85232%		6.73957%
Weighted Average Min Rate Current										6.57351%		6.84571%		6.72904%
Weighted Average Cap Up Original										1.00228%		1.00798%		1.00553%
Weighted Average Cap Up Prior										1.00223%		1.00813%		1.00560%
Weighted Average Cap Up Current										1.00229%		1.00820%		1.00566%
Weighted Average Cap Down Original										1.00228%		1.00798%		1.00553%
Weighted Average Cap Down Prior										1.00223%		1.00813%		1.00560%
Weighted Average Cap Down Current										1.00229%		1.00820%		1.00566%




SERVICING FEES & ADVANCES

											Group 2		Group 1		Total




Current Servicing Fees										26,016.63		39,808.29		65,824.92
Delinquent Servicing Fees										162,959.70		221,461.94		384,421.64
TOTAL SERVICING FEES										188,976.34		261,270.24		450,246.58


Compensating Interest										-38,878.50		-64,324.20		-103,202.70
Delinquent Servicing Fees										-162,959.70		-221,461.94		-384,421.64
COLLECTED SERVICING FEES										91,361.25		(24,515.90)		(37,377.77)


Aggregate Advances with respect to this Distribution										1,783,788.29		2,537,958.10		4,321,746.39





ADDITIONAL COLLATERAL INFORMATION
										Group 2		Group 1		Total
Net Prepayment Interest Shortfall										0.00		0.00		0.00
Libor For Current Period														3.0900%
Libor For Next Period														0.0000%




Page 9 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				16,455,603.30		7,738,254.41		8,548,089.31		32,741,947.02
			% Balance				1.58%		0.74%		0.82%		3.14%
			# Loans				109		42		53		204
			% # Loans				1.87%		0.72%		0.91%		3.50%
	FORECLOSURE		Balance		652,281.42		159,919.92		0.00		9,989,012.22		10,801,213.56
			% Balance		0.06%		0.02%		0.00%		0.96%		1.03%
			# Loans		4		1		0		35		40
			% # Loans		0.07%		0.02%		0.00%		0.60%		0.69%
	BANKRUPTCY		Balance		406,902.83		0.00		0.00		95,480.01		502,382.84
			% Balance		0.04%		0.00%		0.00%		0.01%		0.05%
			# Loans		4		0		0		2		6
			% # Loans		0.07%		0.00%		0.00%		0.03%		0.10%
	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		1,059,184.25		16,615,523.22		7,738,254.41		18,632,581.54		44,045,543.42
			% Balance		0.10%		1.59%		0.74%		1.78%		4.22%
			# Loans		8		110		42		90		250
			% # Loans		0.14%		1.89%		0.72%		1.54%		4.29%









Page 10 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				9,941,695.88		2,643,600.17		2,621,418.60		15,206,714.65
			% Balance				1.64%		0.44%		0.43%		2.51%
			# Loans				77		22		24		123
			% # Loans				1.86%		0.53%		0.58%		2.97%
	FORECLOSURE		Balance		530,083.76		0.00		0.00		5,270,745.67		5,800,829.43
			% Balance		0.09%		0.00%		0.00%		0.87%		0.96%
			# Loans		2		0		0		24		26
			% # Loans		0.05%		0.00%		0.00%		0.58%		0.63%
	BANKRUPTCY		Balance		406,902.83		0.00		0.00		95,480.01		502,382.84
			% Balance		0.07%		0.00%		0.00%		0.02%		0.08%
			# Loans		4		0		0		2		6
			% # Loans		0.10%		0.00%		0.00%		0.05%		0.14%
	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		936,986.59		9,941,695.88		2,643,600.17		7,987,644.28		21,509,926.92
			% Balance		0.15%		1.64%		0.44%		1.32%		3.55%
			# Loans		6		77		22		50		155
			% # Loans		0.14%		1.86%		0.53%		1.21%		3.74%










Page 11 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				6,513,907.42		5,094,654.24		5,926,670.71		17,535,232.37
			% Balance				1.49%		1.16%		1.35%		4.00%
			# Loans				32		20		29		81
			% # Loans				1.89%		1.18%		1.72%		4.80%
	FORECLOSURE		Balance		122,197.66		159,919.92		0.00		4,718,266.55		5,000,384.13
			% Balance		0.03%		0.04%		0.00%		1.08%		1.14%
			# Loans		2		1		0		11		14
			% # Loans		0.12%		0.06%		0.00%		0.65%		0.83%
	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		122,197.66		6,673,827.34		5,094,654.24		10,644,937.26		22,535,616.50
			% Balance		0.03%		1.52%		1.16%		2.43%		5.14%
			# Loans		2		33		20		40		95
			% # Loans		0.12%		1.95%		1.18%		2.37%		5.62%









Page 12 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

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 13 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

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
11030337 1
			46,500.00		46,206.52		01-Dec-2004		7.990%		MI - 84.55%		360		01-Oct-2004

11031184 1			212,000.00		210,648.67		01-Jan-2005		7.250%		CA - 80.00%		360		01-Oct-2004
11042213 1			320,000.00		317,752.03		01-Dec-2004		6.750%		NY - 80.00%		360		01-Nov-2004
11043858 1			98,600.00		98,160.02		01-Jan-2005		9.625%		GA - 85.00%		360		01-Oct-2004
11045613 1			85,500.00		85,164.93		01-Dec-2004		8.990%		WI - 90.00%		360		01-Dec-2004
11045770 1			148,500.00		147,798.80		01-Dec-2004		8.750%		CT - 90.00%		360		01-Nov-2004
11045958 1			198,750.00		197,387.08		01-Dec-2004		6.875%		CA - 75.00%		360		01-Nov-2004
11050272 1			216,000.00		214,813.14		01-Jan-2005		8.000%		GA - 90.00%		360		01-Nov-2004
11054083 1			287,920.00		285,897.40		01-Dec-2004		6.750%		CA - 80.00%		360		01-Nov-2004
11055299 1			272,000.00		270,175.94		01-May-2005		6.990%		CA - 80.00%		360		01-Nov-2004
11058243 1			261,250.00		259,907.82		01-Jun-2005		7.651%		CA - 95.00%		360		01-Dec-2004
11059616 1			340,000.00		338,155.23		01-Dec-2004		7.375%		NY - 80.00%		360		01-Dec-2004
11060880 1			169,600.00		168,614.50		01-Dec-2004		7.025%		FL - 80.00%		360		01-Dec-2004
11061039 1			228,650.00		227,864.55		01-Dec-2004		9.625%		MA - 85.00%		360		01-Dec-2004
11061226 1			259,000.00		257,789.67		01-Dec-2004		8.125%		CA - 92.50%		360		01-Dec-2004
11063410 1			312,000.00		309,788.79		01-Dec-2004		5.990%		CA - 80.00%		360		01-Dec-2004
11066080 1			272,000.00		270,332.75		01-Dec-2004		6.750%		NY - 80.00%		360		01-Dec-2004
11066808 1			200,000.00		198,771.69		01-Dec-2004		6.740%		TX - 80.00%		360		01-Dec-2004
11066907 1			268,000.00		268,000.00		01-Dec-2004		7.925%		CA - 80.00%		360		01-Dec-2004
11069545 1			144,000.00		143,237.73		01-Dec-2004		7.500%		CT - 77.84%		360		01-Dec-2004
11069692 1			243,200.00		242,248.72		01-Dec-2004		8.999%		CA - 80.00%		360		01-Dec-2004
11071515 1			384,000.00		381,724.77		01-Dec-2004		6.925%		NY - 80.00%		360		01-Dec-2004
11072347 1			186,675.00		185,582.83		01-Jan-2005		6.990%		CT - 94.52%		360		01-Dec-2004
11072772 1			201,600.00		200,632.05		01-Jan-2005		7.990%		CA - 80.00%		360		01-Dec-2004
11072882 1			229,500.00		228,254.83		01-Dec-2004		7.375%		CT - 90.00%		360		01-Dec-2004
11077036 1			247,514.00		245,918.97		01-Dec-2004		6.490%		TX - 80.00%		360		01-Dec-2004
11021021 2			695,000.00		689,753.52		01-Jan-2005		6.375%		CA - 86.88%		360		01-Nov-2004
11028132 2			53,625.00		53,379.43		01-Jan-2005		8.225%		FL - 75.00%		360		01-Dec-2004
11030841 2			836,000.00		830,539.21		01-Dec-2004		7.125%		CA - 67.42%		360		01-Nov-2004
11041333 2			50,000.00		49,016.04		01-May-2005		8.550%		LA - 69.44%		180		01-Dec-2004
11042454 2			153,000.00		152,138.02		01-Jan-2005		7.875%		MD - 87.43%		360		01-Nov-2004
11042986 2			436,000.00		433,721.58		01-Nov-2004		8.250%		CA - 80.00%		360		01-Nov-2004
11047497 2			672,000.00		667,677.26		01-Dec-2004		6.500%		IL - 80.00%		360		01-Dec-2004
11052602 2			156,000.00		155,029.73		01-Jan-2005		7.375%		CA - 80.00%		360		01-Nov-2004
11053790 2			73,500.00		73,181.62		01-May-2005		8.500%		MS - 70.00%		360		01-Dec-2004
11056368 2			504,000.00		500,679.86		01-Dec-2004		6.375%		CA - 80.00%		360		01-Dec-2004
11057174 2			159,920.00		159,919.92		01-Mar-2005		6.250%		CA - 80.00%		360		01-Dec-2004
11059943 2			283,500.00		282,332.93		01-Dec-2004		8.750%		CA - 90.00%		360		01-Dec-2004
11061447 2			568,000.00		568,000.00		01-Dec-2004		6.375%		CA - 80.00%		360		01-Dec-2004
11077701 2			387,200.00		385,015.01		01-Dec-2004		7.175%		NY - 80.00%		360		01-Dec-2004


TOTAL			10,860,504.00		10,801,213.56



Page 14 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS


											Group 2		Group 1		Total




Current


Number of Paid in Full Loans										51		137		188
Number of Repurchased Loans										0		0		0
Total Number of Loans Prepaid in Full										51		137		188
Curtailments Amount										13,099.79		84,108.59		97,208.38
Paid in Full Balance										14,788,187.49		20,802,701.93		35,590,889.42
Repurchased Loans Balance										0.00		0.00		0.00
Total Prepayment Amount										14,801,287.28		20,886,810.52		35,688,097.80

Cumulative


Number of Paid in Full Loans										154		330		484
Number of Repurchased Loans										0		1		1
Total Number of Loans Prepaid in Full										154		331		485
Paid in Full Balance										45,252,776.79		55,195,944.65		100,448,721.44
Repurchased Loans Balance										0.00		19,470.24		19,470.24
Curtailments Amount										67,616.63		145,047.34		212,663.97
Total Prepayment Amount										45,320,393.42		55,360,462.23		100,680,855.65










Page 15 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES


											Group 2		Group 1		Total



SMM										3.27%		3.33%		3.30%
3 Months Avg SMM										2.78%		2.53%		2.63%
12 Months Avg SMM										2.43%		2.16%		2.27%
Avg SMM Since Cut-off										2.43%		2.16%		2.27%


CPR										32.86%		33.42%		33.19%
3 Months Avg CPR										28.72%		26.45%		27.41%
12 Months Avg CPR										25.54%		23.06%		24.11%
Avg CPR Since Cut-off										25.54%		23.06%		24.11%


PSA										2,263.58%		2,308.97%		2,289.92%
3 Months Avg PSA Approximation										2,294.43%		2,119.26%		2,193.80%
12 Months Avg PSA Approximation										2,216.90%		2,008.91%		2,097.54%
Avg PSA Since Cut-off Approximation										2,216.90%		2,008.91%		2,097.54%










Page 16 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

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 17 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

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	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

10991134 1			26,550.00		26,459.18			06-May-2005		10.875%		CA - 15.00%		Paid Off - 180		01-Sep-2004


10991135 1			141,600.00		140,530.66			06-May-2005		7.000%		CA - 80.00%		Paid Off - 360		01-Sep-2004

11012004 2			409,992.00		409,992.00			02-May-2005		6.500%		CA - 80.00%		Paid Off - 360		01-Nov-2004

11012005 2			102,498.00		102,227.89			02-May-2005		10.875%		CA - 20.00%		Paid Off - 180		01-Nov-2004

11013986 1			333,700.00		331,664.72			10-May-2005		8.250%		NY - 60.67%		Paid Off - 360		01-Sep-2004

11019020 1			115,000.00		114,538.81			03-May-2005		10.125%		PA - 56.79%		Paid Off - 360		01-Sep-2004

11021199 1			187,960.00		186,691.94			06-May-2005		6.250%		CA - 80.00%		Paid Off - 360		01-Nov-2004

11021200 1			23,495.00		20,610.95			06-May-2005		10.250%		CA - 10.00%		Paid Off - 180		01-Nov-2004

11023973 2			580,000.00		577,575.85			24-May-2005		8.375%		CA - 58.00%		Paid Off - 360		01-Dec-2004

11027274 1			147,300.00		146,568.17			31-May-2005		8.500%		FL - 79.62%		Paid Off - 360		01-Oct-2004

11028903 1			270,500.00		268,841.41			04-May-2005		6.750%		MA - 89.87%		Paid Off - 360		01-Nov-2004

11033616 2			76,000.00		75,737.25			13-May-2005		10.250%		CA - 20.00%		Paid Off - 180		01-Oct-2004

11035340 1			315,000.00		313,248.36			20-May-2005		7.250%		CA - 100.00%		Paid Off - 360		01-Nov-2004

11036938 1			90,400.00		89,749.48			26-May-2005		6.625%		ME - 80.00%		Paid Off - 360		01-Oct-2004

11036940 1			22,600.00		22,287.71			26-May-2005		11.990%		ME - 20.00%		Paid Off - 180		01-Oct-2004

11041271 1			130,000.00		129,351.27			12-May-2005		7.000%		CA - 56.52%		Paid Off - 360		01-Dec-2004

11041456 2			413,954.00		412,498.70			24-May-2005		8.750%		CA - 89.99%		Paid Off - 360		01-Dec-2004

11042361 1			276,000.00		274,092.00			09-May-2005		5.375%		NY - 80.00%		Paid Off - 360		01-Dec-2004

11042365 1			69,000.00		68,812.60			09-May-2005		9.990%		NY - 20.00%		Paid Off - 180		01-Dec-2004

11042647 2			456,000.00		453,245.15			13-May-2005		6.825%		CA - 95.00%		Paid Off - 360		01-Nov-2004

11043086 1			122,055.00		121,376.29			13-May-2005		7.250%		FL - 80.00%		Paid Off - 360		01-Nov-2004

11043087 1			30,514.00		30,452.73			17-May-2005		12.125%		FL - 20.00%		Paid Off - 180		01-Nov-2004

11043400 1			144,000.00		143,254.01			19-May-2005		7.625%		FL - 80.00%		Paid Off - 360		01-Nov-2004

11043533 2			96,000.00		95,707.44			19-May-2005		5.375%		WA - 80.00%		Paid Off - 360		01-Dec-2004

11043534 1			24,000.00		23,806.11			19-May-2005		8.250%		WA - 20.00%		Paid Off - 180		01-Dec-2004

11043623 2			550,000.00		547,324.57			18-May-2005		7.925%		NY - 79.14%		Paid Off - 360		01-Nov-2004

11044231 1			170,000.00		169,132.97			20-May-2005		7.750%		CA - 73.91%		Paid Off - 360		01-Nov-2004

11044488 2			468,750.00		466,046.43			24-May-2005		6.250%		CA - 75.00%		Paid Off - 360		01-Dec-2004

11044689 1			396,000.00		394,083.21			31-May-2005		7.950%		CA - 90.00%		Paid Off - 360		01-Nov-2004

11044732 1			165,500.00		164,581.26			23-May-2005		6.450%		FL - 84.87%		Paid Off - 360		01-Dec-2004

11045744 1			125,600.00		124,971.96			09-May-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11045745 1			31,400.00		31,329.37			09-May-2005		10.875%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11045942 1			234,000.00		232,992.96			23-May-2005		7.750%		MI - 90.00%		Paid Off - 360		01-Dec-2004

11046008 1			180,000.00		179,205.80			16-May-2005		7.625%		NJ - 90.00%		Paid Off - 360		01-Dec-2004

11046021 1			95,000.00		94,521.46			20-May-2005		7.750%		NC - 95.00%		Paid Off - 360		01-Nov-2004

11046543 1			156,000.00		155,289.12			20-May-2005		8.250%		FL - 80.00%		Paid Off - 360		01-Nov-2004

11046544 1			39,000.00		38,897.20			31-May-2005		10.875%		FL - 20.00%		Paid Off - 180		01-Nov-2004




Page 18 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution

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


&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

11046663 1			223,200.00		220,427.02			06-May-2005		7.250%		CA - 90.00%		Paid Off - 360		01-Nov-2004


11047335 1			451,250.00		448,942.54			02-May-2005		6.875%		NY - 95.00%		Paid Off - 360		01-Dec-2004

11047413 2			400,000.00		400,000.00			26-May-2005		5.750%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11048084 1			109,520.00		109,091.57			16-May-2005		8.225%		AZ - 80.00%		Paid Off - 360		01-Dec-2004

11048085 1			27,380.00		27,309.62			16-May-2005		10.250%		AZ - 20.00%		Paid Off - 180		01-Dec-2004

11048374 2			110,000.00		109,631.88			19-May-2005		9.750%		CA - 20.00%		Paid Off - 180		01-Nov-2004

11049119 1			340,000.00		338,010.76			04-May-2005		6.990%		MD - 80.00%		Paid Off - 360		01-Nov-2004

11049835 2			438,400.00		435,743.46			25-May-2005		5.990%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11049838 2			109,600.00		109,318.27			25-May-2005		10.250%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11050322 1			144,500.00		143,735.13			27-May-2005		7.500%		CA - 85.00%		Paid Off - 360		01-Nov-2004

11050544 1			300,000.00		297,775.69			05-May-2005		5.750%		CA - 80.00%		Paid Off - 360		01-Nov-2004

11050545 2			75,000.00		74,785.84			05-May-2005		10.500%		CA - 20.00%		Paid Off - 180		01-Nov-2004

11050694 2			500,000.00		497,046.73			11-May-2005		6.125%		WI - 41.67%		Paid Off - 360		01-Dec-2004

11051078 1			328,000.00		326,323.08			17-May-2005		6.876%		CA - 77.18%		Paid Off - 360		01-Dec-2004

11051388 1			139,920.00		139,179.34			27-May-2005		7.500%		MD - 80.00%		Paid Off - 360		01-Nov-2004

11051439 2			526,500.00		523,350.00			03-May-2005		6.875%		AZ - 90.00%		Paid Off - 360		01-Nov-2004

11051776 2			508,300.00		505,108.15			16-May-2005		5.801%		CA - 85.00%		Paid Off - 360		01-Dec-2004

11052139 1			262,556.00		262,556.00			20-May-2005		5.375%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11052169 2			174,000.00		174,000.01			13-May-2005		6.375%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11052172 1			43,500.00		43,381.88			13-May-2005		9.990%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11052414 1			292,000.00		290,076.41			02-May-2005		6.375%		CA - 80.00%		Paid Off - 360		01-Nov-2004

11052438 2			73,000.00		72,742.64			02-May-2005		9.500%		CA - 20.00%		Paid Off - 180		01-Nov-2004

11052661 1			189,050.00		188,081.59			10-May-2005		6.866%		MD - 95.00%		Paid Off - 360		01-Dec-2004

11052669 2			44,800.00		44,668.62			11-May-2005		10.375%		TX - 80.00%		Paid Off - 360		01-Nov-2004

11053174 1			182,000.00		181,247.47			02-May-2005		7.950%		CA - 80.89%		Paid Off - 360		01-Dec-2004

11053272 1			29,000.00		28,360.34			31-May-2005		9.250%		MD - 20.00%		Paid Off - 180		01-Dec-2004

11054180 1			190,000.00		189,070.18			10-May-2005		7.100%		CA - 79.17%		Paid Off - 360		01-Dec-2004

11054266 1			103,500.00		102,641.25			02-May-2005		6.875%		MD - 86.25%		Paid Off - 360		01-Dec-2004

11054522 1			312,000.00		310,184.50			17-May-2005		7.055%		CA - 80.00%		Paid Off - 360		01-Nov-2004

11054580 1			183,000.00		181,866.78			02-May-2005		5.875%		CT - 52.29%		Paid Off - 360		01-Dec-2004

11055104 2			404,000.00		401,709.06			11-May-2005		7.150%		CA - 80.00%		Paid Off - 360		01-Nov-2004

11055113 2			101,000.00		100,733.79			11-May-2005		10.875%		CA - 20.00%		Paid Off - 180		01-Nov-2004

11055119 2			400,000.00		400,000.00			31-May-2005		7.200%		DC - 80.00%		Paid Off - 360		01-Dec-2004

11055275 1			125,600.00		125,133.54			23-May-2005		9.250%		MO - 80.00%		Paid Off - 360		01-Nov-2004

11055478 1			126,616.00		126,615.98			16-May-2005		6.375%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11055479 1			31,654.00		31,558.74			16-May-2005		9.500%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11055560 2			185,000.00		184,332.78			16-May-2005		8.625%		NV - 76.76%		Paid Off - 360		01-Dec-2004

11055758 2			680,000.00		675,608.20			27-May-2005		5.651%		CA - 80.00%		Paid Off - 360		01-Dec-2004




Page 19 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution

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


&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

11055762 2			236,000.00		236,000.00			19-May-2005		6.000%		IL - 80.00%		Paid Off - 360		01-Dec-2004


11055820 1			15,000.00		14,244.93			19-May-2005		8.500%		IL - 5.08%		Paid Off - 180		01-Dec-2004

11055849 1			93,700.00		93,220.87			12-May-2005		6.875%		MI - 74.96%		Paid Off - 360		01-Dec-2004

11056415 2			164,700.00		163,991.04			02-May-2005		7.750%		NV - 90.00%		Paid Off - 360		01-Dec-2004

11056499 1			260,000.00		258,713.97			03-May-2005		7.425%		FL - 80.00%		Paid Off - 360		01-Dec-2004

11056500 1			65,000.00		64,791.50			03-May-2005		12.875%		FL - 20.00%		Paid Off - 180		01-Dec-2004

11056512 1			55,000.00		54,824.89			27-May-2005		10.750%		VA - 20.00%		Paid Off - 180		01-Nov-2004

11056585 1			150,800.00		149,897.77			26-May-2005		6.875%		RI - 80.00%		Paid Off - 360		01-Nov-2004

11056588 1			37,700.00		37,645.32			26-May-2005		12.875%		RI - 20.00%		Paid Off - 180		01-Dec-2004

11057096 2			208,000.00		208,000.00			18-May-2005		6.000%		NY - 69.33%		Paid Off - 360		01-Dec-2004

11057361 1			263,200.00		261,766.51			27-May-2005		6.875%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11057367 1			65,800.00		65,608.94			27-May-2005		10.500%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11057638 1			272,000.00		270,694.04			12-May-2005		7.990%		CA - 80.00%		Paid Off - 360		01-Nov-2004

11057639 1			51,000.00		50,756.40			12-May-2005		10.750%		CA - 15.00%		Paid Off - 180		01-Nov-2004

11057939 1			131,750.00		131,309.14			02-May-2005		8.990%		VA - 85.00%		Paid Off - 360		01-Dec-2004

11058232 1			296,067.00		294,792.81			27-May-2005		7.750%		CA - 89.99%		Paid Off - 360		01-Dec-2004

11058267 2			423,200.00		420,200.63			04-May-2005		5.990%		CA - 80.00%		Paid Off - 360		01-Nov-2004

11058268 2			105,800.00		105,445.91			04-May-2005		9.750%		CA - 20.00%		Paid Off - 180		01-Nov-2004

11058336 1			152,000.00		151,284.94			02-May-2005		7.301%		MD - 80.00%		Paid Off - 360		01-Dec-2004

11058538 1			156,250.00		155,559.63			03-May-2005		7.640%		NJ - 83.56%		Paid Off - 360		01-Dec-2004

11058544 1			34,980.00		34,874.63			27-May-2005		10.250%		MD - 20.00%		Paid Off - 180		01-Nov-2004

11058773 2			174,500.00		173,768.27			26-May-2005		7.880%		TX - 65.85%		Paid Off - 360		01-Dec-2004

11058857 1			243,200.00		241,726.31			16-May-2005		5.990%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11059024 1			65,639.00		65,441.40			20-May-2005		9.500%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11059061 2			105,600.00		105,600.00			27-May-2005		5.925%		AZ - 80.00%		Paid Off - 360		01-Dec-2004

11059066 1			26,400.00		26,316.25			27-May-2005		9.250%		AZ - 20.00%		Paid Off - 180		01-Dec-2004

11059150 1			256,500.00		255,311.02			23-May-2005		7.376%		CA - 95.00%		Paid Off - 360		01-Dec-2004

11059177 1			187,500.00		186,693.23			03-May-2005		7.751%		IL - 75.00%		Paid Off - 360		01-Dec-2004

11059304 2			375,200.00		375,200.00			05-May-2005		6.250%		CA - 80.00%		Paid Off - 360		01-Nov-2004

11059305 2			93,800.00		93,552.79			05-May-2005		10.875%		CA - 20.00%		Paid Off - 180		01-Nov-2004

11059661 2			173,000.00		172,014.19			02-May-2005		7.125%		CA - 79.72%		Paid Off - 360		01-Nov-2004

11059694 1			30,750.00		30,657.46			04-May-2005		9.500%		WI - 15.00%		Paid Off - 180		01-Dec-2004

11059751 1			304,000.00		302,541.15			09-May-2005		7.200%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11059754 2			76,000.00		75,824.41			09-May-2005		10.750%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11059916 1			168,000.00		167,093.93			19-May-2005		6.600%		AZ - 80.00%		Paid Off - 360		01-Dec-2004

11059942 1			225,000.00		223,636.60			18-May-2005		5.990%		CA - 52.94%		Paid Off - 360		01-Dec-2004

11060548 1			321,000.00		319,054.88			10-May-2005		5.990%		CA - 80.25%		Paid Off - 360		01-Dec-2004

11060813 1			137,750.00		137,098.67			11-May-2005		7.275%		IL - 88.87%		Paid Off - 360		01-Dec-2004




Page 20 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution

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


&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

11060844 1			160,272.00		159,279.48			11-May-2005		5.875%		CA - 80.00%		Paid Off - 360		01-Dec-2004


11060845 1			40,068.00		39,975.41			11-May-2005		10.750%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11060976 1			220,000.00		219,076.58			20-May-2005		7.875%		CA - 64.71%		Paid Off - 360		01-Dec-2004

11061361 1			60,000.00		59,752.90			25-May-2005		7.990%		CA - 52.17%		Paid Off - 360		01-Dec-2004

11061366 2			752,000.00		752,000.00			19-May-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11061368 2			188,000.00		187,434.03			19-May-2005		9.500%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11061674 1			309,875.00		308,235.73			27-May-2005		6.700%		MA - 92.50%		Paid Off - 360		01-Dec-2004

11062343 1			190,800.00		189,845.95			12-May-2005		6.990%		NY - 80.00%		Paid Off - 360		01-Dec-2004

11062344 1			47,700.00		47,112.08			12-May-2005		11.990%		NY - 20.00%		Paid Off - 180		01-Dec-2004

11062670 2			391,000.00		388,521.11			16-May-2005		5.750%		CA - 85.00%		Paid Off - 360		01-Dec-2004

11062686 2			425,000.00		422,663.31			03-May-2005		6.500%		CA - 85.00%		Paid Off - 360		01-Dec-2004

11062823 1			138,400.00		137,725.98			31-May-2005		7.125%		IL - 80.00%		Paid Off - 360		01-Dec-2004

11062830 1			34,600.00		34,524.28			31-May-2005		11.000%		IL - 20.00%		Paid Off - 180		01-Dec-2004

11063018 2			431,250.00		429,200.73			20-May-2005		7.250%		CA - 76.33%		Paid Off - 360		01-Dec-2004

11063100 1			261,600.00		260,291.65			19-May-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11063568 1			332,500.00		330,837.42			12-May-2005		6.990%		CA - 95.00%		Paid Off - 360		01-Dec-2004

11063657 1			280,000.00		278,643.10			31-May-2005		7.150%		IL - 80.00%		Paid Off - 360		01-Dec-2004

11063659 1			70,000.00		69,778.70			31-May-2005		9.990%		IL - 20.00%		Paid Off - 180		01-Dec-2004

11064017 1			144,875.00		144,339.02			25-May-2005		8.500%		NC - 95.00%		Paid Off - 360		01-Dec-2004

11064142 1			42,000.00		41,884.96			19-May-2005		9.950%		CA - 15.00%		Paid Off - 180		01-Dec-2004

11064144 1			212,000.00		210,492.67			31-May-2005		5.300%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11064327 1			129,015.00		128,270.86			13-May-2005		6.250%		AZ - 80.00%		Paid Off - 360		01-Dec-2004

11064329 1			32,255.00		32,198.11			13-May-2005		11.990%		AZ - 20.00%		Paid Off - 180		01-Dec-2004

11065065 1			132,000.00		131,275.62			02-May-2005		6.510%		IL - 80.00%		Paid Off - 360		01-Dec-2004

11065069 1			33,000.00		32,919.61			02-May-2005		10.500%		IL - 20.00%		Paid Off - 180		01-Dec-2004

11065245 1			49,200.00		49,034.88			18-May-2005		8.990%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11065282 1			63,600.00		63,499.51			31-May-2005		12.500%		CO - 20.00%		Paid Off - 180		01-Dec-2004

11065300 2			254,400.00		254,327.11			31-May-2005		6.276%		CO - 80.00%		Paid Off - 360		01-Dec-2004

11065534 1			164,000.00		163,181.71			17-May-2005		7.001%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11065535 1			41,000.00		40,888.66			17-May-2005		9.990%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11065656 1			134,400.00		133,753.11			31-May-2005		7.185%		IL - 80.00%		Paid Off - 360		01-Dec-2004

11065657 1			33,600.00		33,526.27			31-May-2005		10.990%		IL - 20.00%		Paid Off - 180		01-Dec-2004

11065781 1			120,000.00		119,360.29			05-May-2005		6.990%		MD - 80.00%		Paid Off - 360		01-Dec-2004

11065782 1			30,000.00		29,926.90			05-May-2005		10.500%		MD - 20.00%		Paid Off - 180		01-Dec-2004

11065815 1			136,000.00		136,000.00			20-May-2005		5.990%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11065816 1			34,000.00		32,972.71			20-May-2005		9.750%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11066849 1			190,000.00		188,717.34			12-May-2005		5.650%		CA - 31.67%		Paid Off - 360		01-Dec-2004

11067033 1			212,000.00		210,939.96			03-May-2005		6.990%		CA - 80.00%		Paid Off - 360		01-Dec-2004




Page 21 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution

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


&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

11067040 1			53,000.00		52,870.84			02-May-2005		10.500%		CA - 20.00%		Paid Off - 180		01-Dec-2004


11067057 1			268,000.00		266,659.96			02-May-2005		6.990%		NY - 80.00%		Paid Off - 360		01-Dec-2004

11067139 1			262,400.00		261,025.27			02-May-2005		6.750%		VA - 82.00%		Paid Off - 360		01-Dec-2004

11067431 1			244,800.00		243,517.73			27-May-2005		6.751%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11067432 1			61,200.00		61,050.86			27-May-2005		10.500%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11067686 1			45,000.00		44,727.31			04-May-2005		5.990%		ID - 75.00%		Paid Off - 360		01-Dec-2004

11067926 1			231,920.00		230,828.73			17-May-2005		7.300%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11067928 1			57,980.00		57,838.67			17-May-2005		10.500%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11068028 1			67,000.00		65,916.57			02-May-2005		8.990%		NY - 20.00%		Paid Off - 180		01-Dec-2004

11069678 2			440,000.00		437,333.77			16-May-2005		5.990%		CA - 79.28%		Paid Off - 360		01-Dec-2004

11069901 1			252,000.00		251,067.67			19-May-2005		8.500%		CA - 90.00%		Paid Off - 360		01-Dec-2004

11070019 1			212,197.00		211,051.91			06-May-2005		6.725%		GA - 90.00%		Paid Off - 360		01-Dec-2004

11071097 2			50,055.00		49,849.67			16-May-2005		7.990%		LA - 61.95%		Paid Off - 360		01-Dec-2004

11071145 1			328,500.00		327,014.19			27-May-2005		7.500%		CA - 90.00%		Paid Off - 360		01-Dec-2004

11071155 1			209,000.00		208,387.06			13-May-2005		9.625%		NV - 95.00%		Paid Off - 360		01-Dec-2004

11071211 1			37,500.00		37,433.85			02-May-2005		11.990%		VA - 11.72%		Paid Off - 180		01-Dec-2004

11071756 1			293,600.00		291,820.90			10-May-2005		5.990%		IL - 80.00%		Paid Off - 360		01-Dec-2004

11071763 2			73,400.00		73,124.69			10-May-2005		8.990%		IL - 20.00%		Paid Off - 180		01-Dec-2004

11072203 2			521,600.00		521,600.00			12-May-2005		6.875%		NY - 80.00%		Paid Off - 360		01-Dec-2004

11072204 2			130,400.00		130,143.90			12-May-2005		11.500%		NY - 20.00%		Paid Off - 180		01-Dec-2004

11072725 2			121,400.00		121,133.69			26-May-2005		10.990%		VA - 20.00%		Paid Off - 180		01-Dec-2004

11072854 1			288,800.00		287,154.21			12-May-2005		6.313%		CA - 71.31%		Paid Off - 360		01-Dec-2004

11072873 2			445,600.00		445,600.00			24-May-2005		6.600%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11072954 1			144,000.00		143,497.96			05-May-2005		7.875%		CA - 80.00%		Paid Off - 360		01-Jan-2005

11073071 1			404,750.00		402,720.24			18-May-2005		6.975%		NY - 89.94%		Paid Off - 360		01-Dec-2004

11073681 1			184,000.00		183,007.86			16-May-2005		6.601%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11073682 1			34,500.00		34,420.31			16-May-2005		10.750%		CA - 15.00%		Paid Off - 180		01-Dec-2004

11074037 2			480,000.00		476,884.79			27-May-2005		5.625%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11074040 2			120,000.00		119,638.74			27-May-2005		9.500%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11074136 1			220,000.00		219,999.65			02-May-2005		6.200%		CA - 80.00%		Paid Off - 360		01-Dec-2004

11074137 1			55,000.00		53,640.25			02-May-2005		8.990%		CA - 20.00%		Paid Off - 180		01-Dec-2004

11074669 1			265,000.00		263,611.68			02-May-2005		6.750%		CA - 75.71%		Paid Off - 360		01-Dec-2004

11074859 1			191,250.00		190,261.51			25-May-2005		6.820%		MD - 85.00%		Paid Off - 360		01-Dec-2004

11078463 1			38,000.00		37,907.39			25-May-2005		10.500%		AZ - 20.00%		Paid Off - 180		01-Dec-2004

11088635 1			42,450.00		42,380.84			04-May-2005		11.500%		VA - 15.00%		Paid Off - 180		01-Jan-2005

11090731 1			51,150.00		51,051.96			23-May-2005		10.750%		CA - 15.00%		Paid Off - 180		01-Jan-2005

11095720 1			29,200.00		29,106.79			16-May-2005		8.990%		IL - 10.00%		Paid Off - 180		01-Jan-2005



TOTAL			35,756,062.00		35,590,889.42



Page 22 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



											Group 2		Group 1		Total


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




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 23 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

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 24 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

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 25 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative

&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized

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





TOTAL



Page 26 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS

										Group 2		Group 1		Total
						Trigger Event in effect (0=No , 1=Yes)								0
						Stepdown Date has occurred (0 = No, 1=Yes)								0
						3M Rolling Avg. Bal 60+ days includes BK, FC and REO								23,383,867.79
						Has sequential Trigger Event Occured(0=No,1=Yes)								0
						Ending Balance								1,044,213,782.99
						Prior Senior Enhancement Percentage								21.0838%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION

										Group 2		Group 1		Total
Basis Risk CarryForward Amount paid														0.00
Excess Reserve Fund Account Balance														0.00
Basis Risk CarryForward Amount unpaid														0.00


Current Custodian Fee Rate														0.000109%




Page 27 of 28
Morgan Stanley ABS Capital I Inc. 2005-WMC1

Mortgage Pass-Through Certificates

2005-WMC1

June 27, 2005 Distribution
Other Related Information
ADDITIONAL INFORMATION

										Group 2		Group 1		Total
Current Scheduled Payments										2,885,101.56		4,208,529.48		7,093,631.04
Current Scheduled Payments 1 Month Prior										2,967,550.90		4,315,695.32		7,283,246.22
Current Scheduled Payments 2 Month Prior										3,052,473.44		4,402,787.10		7,455,260.54
Current Scheduled Payments 3 Month Prior										3,099,940.61		4,454,440.35		7,554,380.97
Current Scheduled Payments 4 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 5 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 6 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 7 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 8 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 9 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 10 Month Prior										0.00		0.00		0.00
Current Scheduled Payments 11 Month Prior										0.00		0.00		0.00





Sched. Payments for 60+Day Delinquent Loans										124,224.94		71,014.60		195,239.54
Sched. Pmts - 60+Day Delinquent Loans, 1 Month Prior										101,983.79		62,449.95		164,433.73
Sched. Pmts - 60+Day Delinquent Loans, 2 Month Prior										81,293.13		62,771.67		144,064.80
Sched. Pmts - 60+Day Delinquent Loans, 3 Month Prior										15,773.94		5,673.20		21,447.13
Sched. Pmts - 60+Day Delinquent Loans, 4 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 5 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 6 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 7 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 8 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 9 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 10 Month Prior										0.00		0.00		0.00
Sched. Pmts - 60+Day Delinquent Loans, 11 Month Prior										0.00		0.00		0.00




Page 28 of 28

Saxon Asset Securities Trust 2005-1 8-K