

                                       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): October 25, 2005
                           (Date of earliest event reported)

         Ameriquest Mortgage Securities Inc (as Depositor under the Pooling
         and Servicing Agreement, dated as April 1, 2005, providing for the
         issuance of Asset-Backed Pass-Through Certificates, Series 2005-R3)
                 (Exact name of registrant as specified in charter)

                                       DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-121781-03                          33-0885129
          (Commission File Number)        (I.R.S. Employer Identification No.)


          1100 TOWN & COUNTRY ROAD, SUITE 1100
          ORANGE, CALIFORNIA                              92868
          (Address of principal executive offices)     (Zip Code)


          Registrant's Telephone Number, Including Area Code:  (714) 541-9960

            (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
     October 25, 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 Ameriquest Mortgage
                                  Securities Inc., Registrant


          Date:  Oct 28, 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 October 25, 2005.



Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller
										1. Certificate Payment Report					2
				Ameriquest Mtg Sec Inc
										2. Collection Account Report					6

										3. Collateral Report					8
										4. Delinquency Report					11
				Certificate Insurer(s)						5. REO Report					15

										6. Foreclosure Report					16

										7. Prepayment Report					18
										8. Prepayment Detail Report					21
										9. Realized Loss Report					30

										10. Realized Loss Detail Report					33
										11. Triggers and Adj. Cert. Report					34
				Servicer(s)
										12. Additional Certificate Report					35
				Ameriquest Mortgage Corp



				Underwriter(s)
				J. P. Morgan
				BNP Paribas
				Deutsche Bank Securities
				Banc of America Securities LLC

										Total Number of Pages					35



				Dates						Contacts

				Cut-Off Date:			April 01, 2005			Valerie Delgado
				Close Date:			April 27, 2005			Administrator
				First Distribution Date:			May 25, 2005			(714) 247-6273
										valerie.m.delgado@db.com

										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			October 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			September 30, 2005
										Main Phone Number:			(714) 247-6000

							October 24, 2005


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






Page 1 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC III
					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-1A	FLT, STEP	$	414,398,000.00		361,817,704.64		1,174,600.98		15,332,460.58		16,507,061.56		0.00		0.00		346,485,244.06

A-1B	FLT, STEP	$	103,600,000.00		90,454,862.72		298,023.65		3,833,133.65		4,131,157.30		0.00		0.00		86,621,729.07
A-2A	FLT, STEP	$	419,185,000.00		370,931,121.68		1,210,162.78		17,937,916.20		19,148,078.98		0.00		0.00		352,993,205.48
A-2B	FLT, STEP	$	104,796,000.00		92,732,559.19		306,275.04		4,484,468.35		4,790,743.39		0.00		0.00		88,248,090.84
A-3A	FLT, STEP	$	292,740,000.00		181,520,815.09		573,202.40		27,070,689.49		27,643,891.89		0.00		0.00		154,450,125.60
A-3B	FLT, STEP	$	125,396,000.00		125,396,000.00		401,023.37		0.00		401,023.37		0.00		0.00		125,396,000.00
A-3C	FLT, STEP	$	158,909,000.00		158,909,000.00		515,880.41		0.00		515,880.41		0.00		0.00		158,909,000.00
A-3D	FLT, STEP	$	130,976,000.00		130,976,000.00		437,860.04		0.00		437,860.04		0.00		0.00		130,976,000.00
M-1	MEZ, FLT, S	$	53,000,000.00		53,000,000.00		182,305.28		0.00		182,305.28		0.00		0.00		53,000,000.00
M-2	MEZ, FLT, S	$	47,000,000.00		47,000,000.00		162,802.78		0.00		162,802.78		0.00		0.00		47,000,000.00
M-3	MEZ, FLT, S	$	27,000,000.00		27,000,000.00		94,395.00		0.00		94,395.00		0.00		0.00		27,000,000.00
M-4	MEZ, FLT, S	$	25,000,000.00		25,000,000.00		89,618.06		0.00		89,618.06		0.00		0.00		25,000,000.00
M-5	MEZ, FLT, S	$	19,000,000.00		19,000,000.00		68,568.89		0.00		68,568.89		0.00		0.00		19,000,000.00
M-6	MEZ, FLT, S	$	13,000,000.00		13,000,000.00		47,439.17		0.00		47,439.17		0.00		0.00		13,000,000.00
M-7	MEZ, FLT, S	$	10,000,000.00		10,000,000.00		41,486.11		0.00		41,486.11		0.00		0.00		10,000,000.00
M-8	MEZ, FLT, S	$	10,000,000.00		10,000,000.00		42,291.67		0.00		42,291.67		0.00		0.00		10,000,000.00
M-9	MEZ, FLT, S	$	13,000,000.00		13,000,000.00		60,529.44		0.00		60,529.44		0.00		0.00		13,000,000.00
M-10	MEZ, FLT, S	$	23,000,000.00		23,000,000.00		117,280.83		0.00		117,280.83		0.00		0.00		23,000,000.00
CE	SUB	$	9,999,910.51		10,000,000.05		3,177,271.95		0.00		3,177,271.95		0.00		0.00		10,000,000.05
P	EXE	$	100.00		100.00		997,221.57		0.00		997,221.57		0.00		0.00		100.00
R	R	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			2,000,000,010.51		1,762,738,163.37		9,998,239.42		68,658,668.27		78,656,907.69		0.00		0.00		1,694,079,495.10






Page 2 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution

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-1A	09/26/05		10/24/05		A-Act/360		03072SA96		414,398,000.00		873.116436		2.834476		36.999360		39.833835	836.117076
A-1B	09/26/05		10/24/05		A-Act/360		03072SZS7		103,600,000.00		873.116436		2.876676		36.999360		39.876036	836.117076
A-2A	09/26/05		10/24/05		A-Act/360		03072SB20		419,185,000.00		884.886438		2.886942		42.792362		45.679304	842.094077
A-2B	09/26/05		10/24/05		A-Act/360		03072SB38		104,796,000.00		884.886438		2.922583		42.792362		45.714945	842.094076
A-3A	09/26/05		10/24/05		A-Act/360		03072SZT5		292,740,000.00		620.075204		1.958060		92.473490		94.431550	527.601713
A-3B	09/26/05		10/24/05		A-Act/360		03072SZU2		125,396,000.00		1,000.000000		3.198056		0.000000		3.198056	1,000.000000
A-3C	09/26/05		10/24/05		A-Act/360		03072SZV0		158,909,000.00		1,000.000000		3.246389		0.000000		3.246389	1,000.000000
A-3D	09/26/05		10/24/05		A-Act/360		03072SZW8		130,976,000.00		1,000.000000		3.343056		0.000000		3.343056	1,000.000000
M-1	09/26/05		10/24/05		A-Act/360		03072SZX6		53,000,000.00		1,000.000000		3.439722		0.000000		3.439722	1,000.000000
M-2	09/26/05		10/24/05		A-Act/360		03072SZY4		47,000,000.00		1,000.000000		3.463889		0.000000		3.463889	1,000.000000
M-3	09/26/05		10/24/05		A-Act/360		03072SZZ1		27,000,000.00		1,000.000000		3.496111		0.000000		3.496111	1,000.000000
M-4	09/26/05		10/24/05		A-Act/360		03072SA21		25,000,000.00		1,000.000000		3.584722		0.000000		3.584722	1,000.000000
M-5	09/26/05		10/24/05		A-Act/360		03072SA39		19,000,000.00		1,000.000000		3.608889		0.000000		3.608889	1,000.000000
M-6	09/26/05		10/24/05		A-Act/360		03072SA47		13,000,000.00		1,000.000000		3.649167		0.000000		3.649167	1,000.000000
M-7	09/26/05		10/24/05		A-Act/360		03072SA54		10,000,000.00		1,000.000000		4.148611		0.000000		4.148611	1,000.000000
M-8	09/26/05		10/24/05		A-Act/360		03072SA62		10,000,000.00		1,000.000000		4.229167		0.000000		4.229167	1,000.000000
M-9	09/26/05		10/24/05		A-Act/360		03072SA70		13,000,000.00		1,000.000000		4.656111		0.000000		4.656111	1,000.000000
M-10	09/26/05		10/24/05		A-Act/360		03072SA88		23,000,000.00		1,000.000000		5.099167		0.000000		5.099167	1,000.000000
CE	09/01/05		09/30/05		A-30/360				9,999,910.51		1,000.008954		317.730038		0.000000		317.730038	1,000.008954
P	09/01/05		09/30/05				100.00		1,000.000000		9,972,215.700000		0.000000		9,972,215.700000		1,000.000000
R	09/01/05		09/30/05				0.00		0.000000		0.000000		0.000000		0.000000		0.000000




Page 3 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution

Distribution to Date - REMIC III
																	Current


	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1A	414,398,000.00		7,082,724.91		65,840,887.31		2,071,868.63		67,912,755.94		74,995,480.85		0.00		0.00		346,485,244.06
A-1B	103,600,000.00		1,800,336.28		16,460,301.27		517,969.66		16,978,270.93		18,778,607.21		0.00		0.00		86,621,729.07
A-2A	419,185,000.00		7,232,016.21		64,171,148.80		2,020,645.72		66,191,794.52		73,423,810.73		0.00		0.00		352,993,205.48
A-2B	104,796,000.00		1,833,077.15		16,042,748.93		505,160.23		16,547,909.16		18,380,986.31		0.00		0.00		88,248,090.84
A-3A	292,740,000.00		4,264,714.97		133,976,341.82		4,313,532.58		138,289,874.40		142,554,589.37		0.00		0.00		154,450,125.60
A-3B	125,396,000.00		2,229,550.08		0.00		0.00		0.00		2,229,550.08		0.00		0.00		125,396,000.00
A-3C	158,909,000.00		2,873,351.22		0.00		0.00		0.00		2,873,351.22		0.00		0.00		158,909,000.00
A-3D	130,976,000.00		2,447,296.17		0.00		0.00		0.00		2,447,296.17		0.00		0.00		130,976,000.00
M-1	53,000,000.00		1,022,285.56		0.00		0.00		0.00		1,022,285.56		0.00		0.00		53,000,000.00
M-2	47,000,000.00		913,644.28		0.00		0.00		0.00		913,644.28		0.00		0.00		47,000,000.00
M-3	27,000,000.00		530,289.48		0.00		0.00		0.00		530,289.48		0.00		0.00		27,000,000.00
M-4	25,000,000.00		504,835.16		0.00		0.00		0.00		504,835.16		0.00		0.00		25,000,000.00
M-5	19,000,000.00		386,540.56		0.00		0.00		0.00		386,540.56		0.00		0.00		19,000,000.00
M-6	13,000,000.00		267,743.19		0.00		0.00		0.00		267,743.19		0.00		0.00		13,000,000.00
M-7	10,000,000.00		237,128.51		0.00		0.00		0.00		237,128.51		0.00		0.00		10,000,000.00
M-8	10,000,000.00		242,156.30		0.00		0.00		0.00		242,156.30		0.00		0.00		10,000,000.00
M-9	13,000,000.00		349,444.55		0.00		0.00		0.00		349,444.55		0.00		0.00		13,000,000.00
M-10	23,000,000.00		681,849.45		0.00		0.00		0.00		681,849.45		0.00		0.00		23,000,000.00
CE	9,999,910.51		20,011,891.95		-83.11		-6.43		0.00		20,011,891.95		0.00		89.54		10,000,000.05
P	100.00		4,116,065.01		0.00		0.00		0.00		4,116,065.01		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


Total	2,000,000,010.51		59,026,940.99		296,491,345.02		9,429,170.39		305,920,604.95		364,947,545.94		0.00		89.54		1,694,079,495.10



Page 4 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution

Interest Detail - REMIC III
	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-1A	4.03000%		361,817,704.64		1,174,600.98		0.00		0.00		0.00		1,174,600.98		1,174,600.98		0.00
A-1B	4.09000%		90,454,862.72		298,023.65		0.00		0.00		0.00		298,023.65		298,023.65		0.00
A-2A	4.05000%		370,931,121.68		1,210,162.78		0.00		0.00		0.00		1,210,162.78		1,210,162.78		0.00
A-2B	4.10000%		92,732,559.19		306,275.04		0.00		0.00		0.00		306,275.04		306,275.04		0.00
A-3A	3.92000%		181,520,815.09		573,202.40		0.00		0.00		0.00		573,202.40		573,202.40		0.00
A-3B	3.97000%		125,396,000.00		401,023.37		0.00		0.00		0.00		401,023.37		401,023.37		0.00
A-3C	4.03000%		158,909,000.00		515,880.41		0.00		0.00		0.00		515,880.41		515,880.41		0.00
A-3D	4.15000%		130,976,000.00		437,860.04		0.00		0.00		0.00		437,860.04		437,860.04		0.00
M-1	4.27000%		53,000,000.00		182,305.28		0.00		0.00		0.00		182,305.28		182,305.28		0.00
M-2	4.30000%		47,000,000.00		162,802.78		0.00		0.00		0.00		162,802.78		162,802.78		0.00
M-3	4.34000%		27,000,000.00		94,395.00		0.00		0.00		0.00		94,395.00		94,395.00		0.00
M-4	4.45000%		25,000,000.00		89,618.06		0.00		0.00		0.00		89,618.06		89,618.06		0.00
M-5	4.48000%		19,000,000.00		68,568.89		0.00		0.00		0.00		68,568.89		68,568.89		0.00
M-6	4.53000%		13,000,000.00		47,439.17		0.00		0.00		0.00		47,439.17		47,439.17		0.00
M-7	5.15000%		10,000,000.00		41,486.11		0.00		0.00		0.00		41,486.11		41,486.11		0.00
M-8	5.25000%		10,000,000.00		42,291.67		0.00		0.00		0.00		42,291.67		42,291.67		0.00
M-9	5.78000%		13,000,000.00		60,529.44		0.00		0.00		0.00		60,529.44		60,529.44		0.00
M-10	6.33000%		23,000,000.00		117,280.83		0.00		0.00		0.00		117,280.83		117,280.83		0.00
CE	0.00000%		10,000,000.05		0.00		0.00		0.00		0.00		0.00		3,177,271.95		0.00
P	0.00000%		100.00		0.00		0.00		0.00		0.00		0.00		997,221.57		0.00
R	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00


Total			1,762,738,163.37		#######		0.00		0.00		0.00		5,823,745.90		9,998,239.42		0.00



Page 5 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution
Collection Account Report
SUMMARY

								Group 3		Group 2		Group 1		Total
Principal Collections								27,070,689.49		22,422,384.55		19,165,594.23		68,658,668.27
Principal Withdrawals								0.00		0.00		0.00		0.00
Principal Other Accounts								0.00		0.00		0.00		0.00
TOTAL NET PRINCIPAL								27,070,689.49		22,422,384.55		19,165,594.23		68,658,668.27
Interest Collections								4,182,080.20		3,290,576.68		3,212,127.82		10,684,784.70
Interest Withdrawals								-0.00		-0.00		-0.00		-0.00
Interest Fees								-543,921.51		-447,292.86		-426,267.39		-1,683,766.85
Interest Other Accounts								403,025.83		313,357.76		280,837.98		997,221.57
TOTAL NET INTEREST								4,041,184.52		3,156,641.58		3,066,698.41		9,998,239.42
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION								31,111,874.01		25,579,026.13		22,232,292.64		78,656,907.69



PRINCIPAL - COLLECTIONS

									Group 3		Group 2		Group 1		Total
Scheduled Principal Received									585,514.22		454,841.93		441,340.00		1,481,696.15
Curtailments									229,703.43		43,965.62		43,067.95		316,737.00
Prepayments In Full									26,255,471.84		21,923,577.00		18,681,186.28		66,860,235.12
Repurchased/Substitutions									0.00		0.00		0.00		0.00
Liquidations									0.00		0.00		0.00		0.00
Insurance Principal									0.00		0.00		0.00		0.00
Other Additional Principal									0.00		0.00		0.00		0.00
Delinquent Principal									-334,048.89		-229,115.65		-236,229.14		-799,393.68
Realized Losses									-0.00		-0.00		-0.00		-0.00
Advanced Principal									334,048.89		229,115.65		236,229.14		799,393.68
TOTAL PRINCIPAL COLLECTED									27,070,689.49		22,422,384.55		19,165,594.23		68,658,668.27


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS

								Group 3		Group 2		Group 1		Total
TOTAL PRINCIPAL OTHER ACCOUNTS								0.00		0.00		0.00		0.00





Page 6 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution

INTEREST - COLLECTIONS

								Group 3		Group 2		Group 1		Total
Scheduled Interest								4,352,952.99		3,409,290.27		3,333,891.70		11,096,134.96
Repurchased/Substitution Interest								0.00		0.00		0.00		0.00
Liquidation Interest								0.00		0.00		0.00		0.00
Insurance Interest								0.00		0.00		0.00		0.00
Other Additional Interest								0.00		0.00		0.00		0.00
Prepayment Interest Shortfalls								-33,639.18		-28,697.10		-22,700.90		-85,037.18
Delinquent Interest								-2,620,546.03		-1,861,015.76		-1,904,912.30		-6,386,474.09
Compensating Interest								33,639.18		28,697.10		22,700.91		85,037.19
Civil Relief Act Shortfalls								-0.00		-0.00		-0.00		-0.00
Interest Advanced								2,449,673.24		1,742,302.17		1,783,148.42		5,975,123.83
TOTAL INTEREST COLLECTED								4,182,080.20		3,290,576.68		3,212,127.82		10,684,784.70


INTEREST - WITHDRAWALS

								Group 3		Group 2		Group 1		Total
Non-Recoverable Advances								0.00		0.00		0.00		0.00
TOTAL INTEREST WITHDRAWALS								0.00		0.00		0.00		0.00



INTEREST - OTHER ACCOUNTS

								Group 3		Group 2		Group 1		Total
Prepayment Charges								403,025.83		313,357.76		280,837.98		997,221.57
Net WAC Investment Income														0.00
TOTAL INTEREST OTHER ACCOUNTS								403,025.83		313,357.76		280,837.98		997,221.57



INTEREST - FEES

								Group 3		Group 2		Group 1		Total
Current Servicing Fees								119,938.94		105,668.79		97,516.24		323,123.98
Trustee Fees								610.70		471.20		460.49		1,542.40
PMI								423,371.86		341,152.86		328,290.66		1,092,815.38
SWAP INFLOW / (OUTFLOW)								0.00		0.00		0.00		266,285.10
TOTAL INTEREST FEES								543,921.51		447,292.86		426,267.39		1,683,766.85




Page 7 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution
Collateral Report


COLLATERAL



									Group 3		Group 2		Group 1		Total



Loan Count:


Original								3,789		3,838		3,684		11,311
Prior								3,376		3,522		3,331		10,229
Prefunding								0		0		0		0
Scheduled Paid Offs								-0		-0		-0		-0
Full Voluntary Prepayments								-101		-119		-100		-320
Repurchases								-0		-0		-0		-0
Liquidations								-0		-0		-0		-0
Current								3,275		3,403		3,231		9,909
Principal Balance:


Original								809,167,298.58		598,835,010.62		591,997,701.31		2,000,000,010.51
Prior								697,948,152.52		538,517,716.38		526,272,294.47		1,762,738,163.37
Prefunding								0.00		0.00		0.00		0.00
Scheduled Principal								-585,514.22		-454,841.93		-441,340.00		-1,481,696.15
Partial Prepayments								-229,703.43		-43,965.62		-43,067.95		-316,737.00
Full Voluntary Prepayments								-26,255,471.84		-21,923,577.00		-18,681,186.28		-66,860,235.12
Repurchases								-0.00		-0.00		-0.00		-0.00
Liquidations								-0.00		-0.00		-0.00		-0.00
Current								670,877,463.03		516,095,331.83		507,106,700.24		1,694,079,495.10





PREFUNDING

SPACE INTENTIONALLY LEFT BLANK






Page 8 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution

CHARACTERISTICS

								Group 3		Group 2		Group 1		Total
Weighted Average Coupon Original								7.54655%		7.63627%		7.63279%		7.59894%
Weighted Average Coupon Prior								7.49149%		7.60966%		7.60884%		7.56235%
Weighted Average Coupon Current								7.48414%		7.59705%		7.60190%		7.55379%
Weighted Average Months to Maturity Original								353		351		351		352
Weighted Average Months to Maturity Prior								348		346		347		347
Weighted Average Months to Maturity Current								347		345		345		346
Weighted Avg Remaining Amortization Term Original								353		351		351		352
Weighted Avg Remaining Amortization Term Prior								348		346		347		347
Weighted Avg Remaining Amortization Term Current								347		345		345		346
Weighted Average Seasoning Original								2.33		2.26		2.28		2.29
Weighted Average Seasoning Prior								6.29		6.23		6.25		6.26
Weighted Average Seasoning Current								7.29		7.24		7.25		7.26









Page 9 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution

ARM CHARACTERISTICS

								Group 3		Group 2		Group 1		Total
Weighted Average Margin Original								5.86353%		5.79995%		5.82460%		5.83293%
Weighted Average Margin Prior								5.85705%		5.79382%		5.81685%		5.82574%
Weighted Average Margin Current								5.85515%		5.79268%		5.81555%		5.82410%
Weighted Average Max Rate Original								13.75446%		13.82124%		13.82268%		13.79470%
Weighted Average Max Rate Prior								13.70425%		13.79724%		13.80648%		13.76316%
Weighted Average Max Rate Current								13.70272%		13.78830%		13.80303%		13.75906%
Weighted Average Min Rate Original								7.75446%		7.82124%		7.82268%		7.79470%
Weighted Average Min Rate Prior								7.70425%		7.79724%		7.80648%		7.76316%
Weighted Average Min Rate Current								7.70272%		7.78830%		7.80303%		7.75906%
Weighted Average Cap Up Original								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Prior								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Up Current								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Original								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Prior								1.00000%		1.00000%		1.00000%		1.00000%
Weighted Average Cap Down Current								1.00000%		1.00000%		1.00000%		1.00000%




SERVICING FEES & ADVANCES

									Group 3		Group 2		Group 1		Total




Current Servicing Fees								119,938.94		105,668.79		97,516.24		323,123.98
Delinquent Servicing Fees								170,872.79		118,713.59		121,763.88		411,350.26
TOTAL SERVICING FEES								290,811.74		224,382.39		219,280.13		734,474.26


Total Servicing Fees								290,811.74		224,382.39		219,280.13		734,474.26
Compensating Interest								-33,639.18		-28,697.10		-22,700.91		-85,037.19
Delinquent Servicing Fees								-170,872.79		-118,713.59		-121,763.88		-411,350.26
COLLECTED SERVICING FEES								86,299.77		76,971.70		74,815.34		238,086.81


Total Advanced Interest								2,449,673.24		1,742,302.17		1,783,148.42		5,975,123.83
Total Advanced Principal								334,048.89		229,115.65		236,229.14		799,393.68
Aggregate Advances with respect to this Distribution								2,783,722.13		1,971,417.83		2,019,377.56		6,774,517.52





ADDITIONAL COLLATERAL INFORMATION
								Group 3		Group 2		Group 1		Total
Prepayment Interest Shortfall (PPIS)								33,639.18		28,697.10		22,700.90		85,037.18
Compensating Interest								-33,639.18		-28,697.10		-22,700.91		-85,037.19
Net Prepayment Interest Shortfall (PPIS)								0.00		0.00		0.00		0.00


Ending Pool Stated Principal Balance								670,877,463.03		516,095,331.83		507,106,700.24		1,694,079,495.10
Weighted Average Net Mortgage Rate										7.034067%		6.992650%		6.806392%




Page 10 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				24,028,847.01		12,058,914.48		5,054,329.59		41,142,091.08
			% Balance				1.42%		0.71%		0.30%		2.43%
			# Loans				163		79		30		272
			% # Loans				1.64%		0.80%		0.30%		2.74%
	FORECLOSURE		Balance		279,672.88		0.00		346,171.50		12,794,892.83		13,420,737.21
			% Balance		0.02%		0.00%		0.02%		0.76%		0.79%
			# Loans		1		0		3		70		74
			% # Loans		0.01%		0.00%		0.03%		0.71%		0.75%
	BANKRUPTCY		Balance		3,159,405.75		487,432.51		259,247.79		1,517,630.81		5,423,716.86
			% Balance		0.19%		0.03%		0.02%		0.09%		0.32%
			# Loans		20		4		3		11		38
			% # Loans		0.20%		0.04%		0.03%		0.11%		0.38%
	REO		Balance		0.00		0.00		0.00		1,036,804.70		1,036,804.70
			% Balance		0.00%		0.00%		0.00%		0.06%		0.06%
			# Loans		0		0		0		6		6
			% # Loans		0.00%		0.00%		0.00%		0.06%		0.06%
	TOTAL		Balance		3,439,078.63		24,516,279.52		12,664,333.77		20,403,657.93		61,023,349.85
			% Balance		0.20%		1.45%		0.75%		1.20%		3.60%
			# Loans		21		167		85		117		390
			% # Loans		0.21%		1.69%		0.86%		1.18%		3.94%









Page 11 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution


	GROUP 1
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				7,248,534.01		3,474,801.53		2,040,332.89		12,763,668.43
			% Balance				1.43%		0.69%		0.40%		2.52%
			# Loans				51		25		14		90
			% # Loans				1.58%		0.77%		0.43%		2.79%
	FORECLOSURE		Balance		279,672.88		0.00		173,756.35		3,378,700.40		3,832,129.63
			% Balance		0.06%		0.00%		0.03%		0.67%		0.76%
			# Loans		1		0		1		22		24
			% # Loans		0.03%		0.00%		0.03%		0.68%		0.74%
	BANKRUPTCY		Balance		657,691.38		124,465.71		109,158.33		540,350.57		1,431,665.99
			% Balance		0.13%		0.02%		0.02%		0.11%		0.28%
			# Loans		7		1		1		5		14
			% # Loans		0.22%		0.03%		0.03%		0.15%		0.43%
	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		937,364.26		7,372,999.72		3,757,716.21		5,959,383.86		18,027,464.05
			% Balance		0.18%		1.45%		0.74%		1.18%		3.55%
			# Loans		8		52		27		41		128
			% # Loans		0.25%		1.61%		0.84%		1.27%		3.96%










Page 12 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution

	GROUP 2
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				8,554,634.86		2,550,830.22		1,398,399.29		12,503,864.37
			% Balance				1.66%		0.49%		0.27%		2.42%
			# Loans				59		22		10		91
			% # Loans				1.73%		0.65%		0.29%		2.67%
	FORECLOSURE		Balance		0.00		0.00		104,571.71		3,971,964.76		4,076,536.47
			% Balance		0.00%		0.00%		0.02%		0.77%		0.79%
			# Loans		0		0		1		25		26
			% # Loans		0.00%		0.00%		0.03%		0.73%		0.76%
	BANKRUPTCY		Balance		1,102,927.07		210,764.96		70,506.24		825,247.02		2,209,445.29
			% Balance		0.21%		0.04%		0.01%		0.16%		0.43%
			# Loans		7		2		1		5		15
			% # Loans		0.21%		0.06%		0.03%		0.15%		0.44%
	REO		Balance		0.00		0.00		0.00		486,961.60		486,961.60
			% Balance		0.00%		0.00%		0.00%		0.09%		0.09%
			# Loans		0		0		0		4		4
			% # Loans		0.00%		0.00%		0.00%		0.12%		0.12%
	TOTAL		Balance		1,102,927.07		8,765,399.82		2,725,908.17		6,682,572.67		19,276,807.73
			% Balance		0.21%		1.70%		0.53%		1.29%		3.74%
			# Loans		7		61		24		44		136
			% # Loans		0.21%		1.79%		0.71%		1.29%		4.00%










Page 13 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution

	GROUP 3
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				8,225,678.14		6,033,282.73		1,615,597.41		15,874,558.28
			% Balance				1.23%		0.90%		0.24%		2.37%
			# Loans				53		32		6		91
			% # Loans				1.62%		0.98%		0.18%		2.78%
	FORECLOSURE		Balance		0.00		0.00		67,843.44		5,444,227.67		5,512,071.11
			% Balance		0.00%		0.00%		0.01%		0.81%		0.82%
			# Loans		0		0		1		23		24
			% # Loans		0.00%		0.00%		0.03%		0.70%		0.73%
	BANKRUPTCY		Balance		1,398,787.30		152,201.84		79,583.22		152,033.22		1,782,605.58
			% Balance		0.21%		0.02%		0.01%		0.02%		0.27%
			# Loans		6		1		1		1		9
			% # Loans		0.18%		0.03%		0.03%		0.03%		0.27%
	REO		Balance		0.00		0.00		0.00		549,843.10		549,843.10
			% Balance		0.00%		0.00%		0.00%		0.08%		0.08%
			# Loans		0		0		0		2		2
			% # Loans		0.00%		0.00%		0.00%		0.06%		0.06%
	TOTAL		Balance		1,398,787.30		8,377,879.98		6,180,709.39		7,761,701.40		23,719,078.07
			% Balance		0.21%		1.25%		0.92%		1.16%		3.54%
			# Loans		6		54		34		32		126
			% # Loans		0.18%		1.65%		1.04%		0.98%		3.85%









Page 14 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 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
100612480 2
			128,700.00		128,117.94		01-Mar-2005		9.550%		WY - 90.00%		360		01-Feb-2005

110813805 2			153,000.00		152,499.49		01-Apr-2005		9.100%		MN - 90.00%		360		01-May-2005
110919289 2			89,600.00		89,393.65		01-Mar-2005		11.500%		AL - 70.00%		360		01-Apr-2005
111298923 2			117,300.00		116,950.52		01-Apr-2005		9.550%		MI - 85.00%		360		01-May-2005
105274906 3			478,000.00		475,732.29		01-Mar-2005		8.050%		MO - 89.85%		360		01-Apr-2005
110743184 3			74,312.00		74,110.81		01-Mar-2005		10.750%		GA - 78.22%		360		01-Apr-2005


TOTAL			1,040,912.00		1,036,804.70


Page 15 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 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
94578747 1
			61,600.00		61,288.54		01-Apr-2005		10.100%		OH - 70.00%		360		01-Dec-2004

95204327 1			216,000.00		213,750.55		01-Apr-2005		6.400%		CO - 89.63%		360		01-Dec-2004
97240600 1			60,500.00		60,237.88		01-Apr-2005		10.750%		OK - 55.00%		360		01-Dec-2004
97786164 1			121,500.00		120,926.22		01-Apr-2005		8.750%		OH - 90.00%		360		01-Mar-2005
98832900 1			180,000.00		178,839.54		01-Apr-2005		8.350%		MN - 90.00%		360		01-Jan-2005
103212106 1			360,000.00		358,798.81		01-Mar-2005		10.990%		MA - 74.23%		360		01-Feb-2005
103304747 1			87,750.00		87,470.72		01-Mar-2005		9.990%		AR - 65.00%		360		01-Apr-2005
104151246 1			153,750.00		153,354.77		01-Apr-2005		10.250%		GA - 75.00%		360		01-May-2005
104191606 1			153,750.00		153,354.77		01-Apr-2005		10.250%		GA - 75.00%		360		01-May-2005
105560544 1			153,750.00		153,354.77		01-Apr-2005		10.250%		GA - 75.00%		360		01-May-2005
106000185 1			90,000.00		89,589.90		01-Apr-2005		8.250%		AZ - 75.00%		360		01-Apr-2005
107439226 1			341,000.00		339,446.13		01-May-2005		8.250%		NJ - 87.44%		360		01-Apr-2005
108060401 1			100,500.00		100,152.88		01-Mar-2005		9.600%		ME - 69.31%		360		01-Apr-2005
108299280 1			157,250.00		156,824.28		01-May-2005		10.750%		MN - 82.76%		360		01-Apr-2005
108643206 1			281,700.00		280,347.36		01-May-2005		7.990%		MA - 90.00%		360		01-Apr-2005
108829946 1			280,500.00		279,672.88		01-Aug-2005		10.350%		IL - 85.00%		360		01-Apr-2005
108866989 1			60,000.00		59,870.58		01-Apr-2005		11.800%		TX - 75.00%		360		01-Apr-2005
109190124 1			60,000.00		59,889.62		01-Apr-2005		11.800%		TX - 75.00%		360		01-May-2005
109719286 1			115,339.00		114,808.05		01-May-2005		8.200%		FL - 74.41%		360		01-Apr-2005
110922226 1			292,500.00		291,664.38		01-May-2005		9.750%		MI - 65.00%		360		01-May-2005
111029765 1			174,249.00		173,756.35		01-Jun-2005		9.800%		WA - 85.00%		360		01-May-2005
111255600 1			136,800.00		136,182.86		01-Apr-2005		8.300%		CA - 90.00%		360		01-Apr-2005
111628483 1			70,010.00		69,841.65		01-May-2005		11.150%		NJ - 69.13%		360		01-May-2005
111759981 1			139,216.00		138,706.14		01-May-2005		8.550%		FL - 89.82%		360		01-May-2005
92761741 2			198,000.00		196,639.89		01-May-2005		8.990%		IL - 90.00%		360		01-Nov-2004
99052623 2			91,000.00		90,577.58		01-Apr-2005		9.950%		NY - 84.26%		360		01-Jan-2005
100647403 2			66,500.00		66,278.00		01-May-2005		11.500%		GA - 66.17%		360		01-Jan-2005
100786649 2			87,000.00		86,547.15		01-Mar-2005		9.400%		WI - 75.00%		360		01-Jan-2005
102570348 2			70,200.00		69,865.11		01-Apr-2005		8.700%		OH - 90.00%		360		01-Mar-2005
104189303 2			153,750.00		153,354.77		01-May-2005		10.250%		GA - 75.00%		360		01-May-2005
105044689 2			76,022.00		75,804.80		01-May-2005		9.750%		GA - 70.39%		360		01-May-2005
107122202 2			105,000.00		104,571.71		01-Jun-2005		8.800%		WA - 75.00%		360		01-Apr-2005
107149486 2			351,000.00		349,196.37		01-Mar-2005		7.650%		GA - 94.87%		360		01-Apr-2005
107704447 2			314,500.00		313,165.08		01-Mar-2005		8.600%		NV - 85.00%		360		01-Apr-2005
108342049 2			328,500.00		327,445.85		01-Mar-2005		9.950%		OK - 90.00%		360		01-Apr-2005
108392606 2			64,000.00		63,835.39		01-May-2005		10.990%		NE - 80.00%		360		01-Apr-2005
108825688 2			103,500.00		103,094.40		01-Apr-2005		8.990%		UT - 81.50%		360		01-Apr-2005
109152124 2			126,000.00		125,299.30		01-Mar-2005		7.250%		FL - 86.90%		360		01-Apr-2005
109207183 2			199,500.00		198,942.26		01-May-2005		10.600%		NJ - 78.24%		360		01-Apr-2005
109348169 2			88,000.00		87,850.08		01-Apr-2005		12.150%		IL - 80.00%		360		01-May-2005
109403741 2			247,900.00		246,675.90		01-May-2005		7.850%		NY - 82.63%		360		01-Apr-2005
109468389 2			60,000.00		59,809.08		01-Apr-2005		9.990%		IN - 75.00%		360		01-Apr-2005
109498626 2			60,000.00		59,889.62		01-May-2005		11.800%		TX - 63.16%		360		01-May-2005
109821082 2			84,000.00		83,609.42		01-Apr-2005		8.150%		FL - 75.00%		360		01-Apr-2005
110060662 2			153,000.00		152,584.43		01-May-2005		9.990%		CO - 85.00%		360		01-May-2005
110420080 2			101,700.00		101,272.66		01-May-2005		8.650%		WA - 54.97%		360		01-Apr-2005
110437100 2			250,200.00		248,781.17		01-May-2005		7.150%		MI - 90.00%		360		01-Apr-2005
110726320 2			131,500.00		130,984.18		01-May-2005		8.990%		IN - 81.68%		360		01-Apr-2005
111497848 2			308,600.00		307,386.56		01-May-2005		8.200%		MD - 89.97%		360		01-May-2005


Page 16 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution

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
112397542 2
			274,500.00		273,075.71		01-May-2005		6.800%		CA - 84.72%		360		01-May-2005

93697720 3			161,500.00		160,581.94		01-Mar-2005		8.990%		CO - 85.00%		360		01-Jan-2005
94082989 3			490,485.00		485,492.95		01-May-2005		6.990%		CA - 94.87%		360		01-Nov-2004
97427843 3			119,990.00		119,092.22		01-Apr-2005		8.100%		WA - 74.99%		360		01-Dec-2004
97692305 3			216,750.00		215,341.47		01-May-2005		8.800%		CT - 85.00%		360		01-Dec-2004
98773500 3			130,000.00		129,234.82		01-Mar-2005		8.800%		FL - 83.87%		360		01-Jan-2005
100572262 3			412,250.00		410,744.54		01-Apr-2005		9.990%		TX - 85.00%		360		01-Mar-2005
104178769 3			153,750.00		153,354.77		01-May-2005		10.250%		GA - 75.00%		360		01-May-2005
104769484 3			345,000.00		343,420.10		01-Apr-2005		8.900%		IN - 84.98%		360		01-Mar-2005
107254807 3			110,000.00		109,568.89		01-May-2005		8.990%		MO - 78.91%		360		01-Apr-2005
107302564 3			136,500.00		135,893.84		01-Apr-2005		9.050%		OH - 70.00%		360		01-Mar-2005
107830648 3			495,000.00		492,506.48		01-May-2005		7.750%		NY - 81.15%		360		01-Apr-2005
107916264 3			163,500.00		162,554.52		01-May-2005		7.050%		CA - 68.13%		360		01-Apr-2005
108147687 3			603,500.00		599,941.54		01-Mar-2005		6.950%		CA - 85.00%		360		01-Apr-2005
108352709 3			200,800.00		200,432.76		01-May-2005		12.550%		NV - 80.00%		360		01-Apr-2005
108396987 3			83,700.00		83,371.97		01-Apr-2005		8.990%		UT - 90.00%		360		01-Apr-2005
109121921 3			517,500.00		515,369.66		01-May-2005		8.750%		MI - 75.00%		360		01-Apr-2005
110110665 3			68,000.00		67,843.44		01-Jun-2005		11.500%		NE - 85.00%		360		01-Apr-2005
110375342 3			249,000.00		248,380.04		01-May-2005		10.400%		IL - 84.98%		360		01-May-2005
110620507 3			80,000.00		79,700.97		01-May-2005		8.450%		DE - 61.54%		360		01-May-2005
110964160 3			90,000.00		89,828.91		01-May-2005		11.650%		GA - 75.00%		360		01-May-2005
111442182 3			103,454.00		103,101.27		01-May-2005		8.900%		IN - 72.86%		360		01-May-2005
111653168 3			111,800.00		111,441.73		01-May-2005		9.200%		CA - 43.00%		360		01-May-2005
112125505 3			364,461.00		363,853.85		01-May-2005		12.250%		GA - 90.00%		360		01-May-2005
112376629 3			131,250.00		131,018.43		01-Apr-2005		11.990%		FL - 75.00%		360		01-May-2005


TOTAL			13,479,726.00		13,420,737.21


Page 17 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS


									Group 3		Group 2		Group 1		Total




Current


Number of Paid in Full Loans								101		119		100		320
Number of Repurchased Loans								0		0		0		0
Total Number of Loans Prepaid in Full								101		119		100		320
Curtailments Amount								229,703.43		43,965.62		43,067.95		316,737.00
Paid in Full Balance								26,255,471.84		21,923,577.00		18,681,186.28		66,860,235.12
Repurchased Loans Balance								0.00		0.00		0.00		0.00
Total Prepayment Amount								26,485,175.27		21,967,542.62		18,724,254.23		67,176,972.12

Cumulative


Number of Paid in Full Loans								501		422		441		1,364
Number of Repurchased Loans								13		13		12		38
Total Number of Loans Prepaid in Full								514		435		453		1,402
Paid in Full Balance								131,937,130.52		77,353,935.50		80,161,259.25		289,452,325.27
Repurchased Loans Balance								2,139,004.40		2,177,700.79		1,665,314.86		5,982,020.05
Curtailments Amount								453,864.17		339,295.86		263,839.68		1,056,999.71
Total Prepayment Amount								134,529,999.09		79,870,932.15		82,090,413.79		296,491,345.03










Page 18 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES


									Group 3		Group 2		Group 1		Total



SMM								3.80%		4.08%		3.56%		3.81%
3 Months Avg SMM								3.94%		3.22%		3.49%		3.58%
12 Months Avg SMM								3.00%		2.37%		2.47%		2.65%
Avg SMM Since Cut-off								3.00%		2.37%		2.47%		2.65%


CPR								37.16%		39.36%		35.28%		37.29%
3 Months Avg CPR								38.24%		32.44%		34.69%		35.47%
12 Months Avg CPR								30.58%		24.98%		25.89%		27.54%
Avg CPR Since Cut-off								30.58%		24.98%		25.89%		27.54%


PSA								2,549.07%		2,719.67%		2,431.52%		2,567.20%
3 Months Avg PSA Approximation								3,039.95%		2,601.75%		2,772.88%		2,831.83%
12 Months Avg PSA Approximation								3,184.68%		2,633.78%		2,716.69%		2,885.00%
Avg PSA Since Cut-off Approximation								3,184.68%		2,633.78%		2,716.69%		2,884.99%










Page 19 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 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 20 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 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

92540186 2			115,000.00		114,262.15			05-Oct-2005		8.990%		TX - 74.19%		Paid Off - 360		01-Nov-2004


94455169 2			129,000.00		128,063.33			27-Sep-2005		8.250%		CT - 75.00%		Paid Off - 360		01-Nov-2004

94645900 1			148,000.00		146,792.69			23-Sep-2005		6.600%		IL - 89.37%		Paid Off - 360		01-Jan-2005

95130803 1			233,000.00		231,551.94			15-Sep-2005		7.990%		CA - 55.48%		Paid Off - 360		01-Jan-2005

95458881 2			189,000.00		187,730.77			29-Sep-2005		7.600%		MN - 90.00%		Paid Off - 360		01-Jan-2005

95972683 3			136,000.00		135,038.60			07-Oct-2005		7.350%		OH - 77.71%		Paid Off - 360		01-Jan-2005

96246087 2			75,000.00		74,575.33			07-Oct-2005		8.990%		CA - 71.43%		Paid Off - 360		01-Dec-2004

96304662 3			367,000.00		364,086.46			23-Sep-2005		7.300%		CA - 76.46%		Paid Off - 360		01-Dec-2004

98210545 2			97,750.00		97,312.46			14-Sep-2005		9.600%		PA - 85.00%		Paid Off - 360		01-Jan-2005

98407646 2			306,000.00		303,381.86			07-Oct-2005		6.350%		CA - 83.88%		Paid Off - 360		01-Jan-2005

98664725 2			195,500.00		194,729.62			19-Sep-2005		10.800%		WI - 85.00%		Paid Off - 360		01-Jan-2005

99124349 1			227,117.00		225,264.31			13-Sep-2005		6.600%		CA - 90.00%		Paid Off - 360		01-Jan-2005

99152589 2			120,000.00		119,153.54			05-Oct-2005		7.350%		CA - 44.49%		Paid Off - 360		01-Jan-2005

99296865 1			344,500.00		342,341.79			26-Sep-2005		7.950%		CA - 55.57%		Paid Off - 360		01-Jan-2005

99469223 3			164,000.00		162,649.28			04-Oct-2005		6.550%		MD - 80.00%		Paid Off - 360		01-Jan-2005

99917742 3			390,000.00		386,849.02			20-Sep-2005		6.650%		CA - 89.66%		Paid Off - 360		01-Jan-2005

99949349 2			181,881.00		180,786.23			30-Sep-2005		8.150%		PA - 80.84%		Paid Off - 360		01-Jan-2005

100224641 3			233,700.00		232,632.04			27-Sep-2005		9.500%		NC - 84.98%		Paid Off - 360		01-Jan-2005

100440080 1			189,000.00		187,795.04			03-Oct-2005		7.250%		AZ - 90.00%		Paid Off - 360		01-Feb-2005

100630466 1			174,000.00		172,620.88			13-Sep-2005		6.750%		MD - 77.01%		Paid Off - 360		01-Jan-2005

100764489 3			256,000.00		254,062.96			20-Sep-2005		6.990%		CA - 81.27%		Paid Off - 360		01-Jan-2005

100870567 3			598,000.00		593,027.34			23-Sep-2005		6.500%		CA - 89.93%		Paid Off - 360		01-Jan-2005

100927029 2			186,000.00		184,553.93			27-Sep-2005		6.850%		CA - 72.21%		Paid Off - 360		01-Jan-2005

100954742 2			75,000.00		74,684.64			26-Sep-2005		9.900%		CA - 75.00%		Paid Off - 360		01-Jan-2005

101003242 1			247,000.00		245,152.74			06-Oct-2005		7.050%		MO - 89.82%		Paid Off - 360		01-Jan-2005

101120426 3			853,000.00		845,152.04			26-Sep-2005		5.850%		CA - 47.39%		Paid Off - 360		01-Apr-2005

101186922 1			272,001.00		270,005.90			23-Sep-2005		7.150%		CA - 59.73%		Paid Off - 360		01-Jan-2005

101218543 3			135,000.00		134,152.84			16-Sep-2005		7.990%		IL - 90.00%		Paid Off - 360		01-Jan-2005

101333441 2			346,760.00		344,204.13			27-Sep-2005		6.500%		HI - 90.00%		Paid Off - 360		01-Feb-2005

101997088 2			302,070.00		299,906.09			22-Sep-2005		6.700%		CA - 89.66%		Paid Off - 360		01-Feb-2005

102015807 3			225,000.00		223,860.40			30-Sep-2005		8.650%		NY - 75.00%		Paid Off - 360		01-Feb-2005

102034782 3			220,000.00		218,122.69			03-Oct-2005		6.350%		CT - 83.65%		Paid Off - 360		01-Feb-2005

102277027 3			250,000.00		248,866.85			19-Sep-2005		8.950%		NY - 58.14%		Paid Off - 360		01-Feb-2005

102374600 1			166,468.00		165,506.52			27-Sep-2005		7.750%		MD - 85.00%		Paid Off - 360		01-Feb-2005

102860269 3			412,500.00		410,387.32			19-Sep-2005		8.350%		NY - 75.00%		Paid Off - 360		01-Feb-2005

102964624 2			63,750.00		63,398.94			26-Sep-2005		7.990%		WI - 85.00%		Paid Off - 360		01-Feb-2005

103120689 2			255,000.00		252,428.94			26-Sep-2005		6.990%		CT - 84.77%		Paid Off - 360		01-Feb-2005



Page 21 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 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

103299087 3			364,000.00		361,679.68			30-Sep-2005		7.250%		CA - 71.37%		Paid Off - 360		01-Feb-2005


103306841 2			317,000.00		314,773.05			07-Oct-2005		6.750%		CA - 68.17%		Paid Off - 360		01-Feb-2005

103327607 1			339,000.00		336,597.39			27-Sep-2005		5.990%		CA - 82.68%		Paid Off - 360		01-Mar-2005

103766846 1			115,500.00		115,255.21			28-Sep-2005		11.150%		NY - 75.00%		Paid Off - 360		01-Apr-2005

103854881 2			260,100.00		258,355.74			19-Sep-2005		6.990%		CA - 90.00%		Paid Off - 360		01-Feb-2005

103916326 1			150,000.00		148,894.33			29-Sep-2005		6.500%		CT - 65.02%		Paid Off - 360		01-Feb-2005

103995783 2			201,100.00		200,038.43			20-Sep-2005		8.200%		CT - 69.35%		Paid Off - 360		01-Feb-2005

104038229 1			106,630.00		106,258.41			30-Sep-2005		9.850%		IL - 90.00%		Paid Off - 360		01-Mar-2005

104188248 1			105,000.00		104,680.56			07-Oct-2005		10.850%		FL - 69.08%		Paid Off - 360		01-Feb-2005

104381686 1			198,900.00		198,099.76			13-Sep-2005		8.100%		IL - 89.98%		Paid Off - 360		01-Apr-2005

104733803 3			378,000.00		376,290.24			19-Sep-2005		7.500%		AZ - 70.00%		Paid Off - 360		01-Apr-2005

105609721 3			140,000.00		139,222.82			03-Oct-2005		6.450%		FL - 83.33%		Paid Off - 360		01-Apr-2005

105612923 3			77,000.00		76,089.27			26-Sep-2005		6.900%		PA - 55.00%		Paid Off - 240		01-Apr-2005

105636526 3			83,000.00		82,581.84			05-Oct-2005		7.750%		NJ - 29.64%		Paid Off - 360		01-Mar-2005

105847503 2			178,500.00		177,607.45			20-Sep-2005		6.990%		CA - 85.00%		Paid Off - 360		01-Apr-2005

105896583 3			220,000.00		218,264.77			28-Sep-2005		6.400%		PA - 66.67%		Paid Off - 360		01-Apr-2005

106230089 2			151,000.00		150,028.74			15-Sep-2005		6.500%		MA - 89.88%		Paid Off - 360		01-Mar-2005

106291164 1			81,175.00		80,949.48			12-Sep-2005		8.990%		AL - 85.00%		Paid Off - 360		01-May-2005

106323041 3			123,250.00		122,953.57			15-Sep-2005		11.300%		NY - 85.00%		Paid Off - 360		01-Mar-2005

106391543 2			124,000.00		123,301.50			03-Oct-2005		6.400%		PA - 88.57%		Paid Off - 360		01-Apr-2005

106429046 3			125,000.00		124,668.27			03-Oct-2005		10.100%		MA - 41.95%		Paid Off - 360		01-Apr-2005

106507783 1			110,000.00		109,578.12			16-Sep-2005		8.650%		CA - 26.94%		Paid Off - 360		01-Apr-2005

106631047 3			499,999.00		497,223.38			27-Sep-2005		6.450%		NJ - 68.45%		Paid Off - 360		01-Apr-2005

106659006 1			243,000.00		241,950.23			30-Sep-2005		8.050%		PA - 90.00%		Paid Off - 360		01-Apr-2005

106728660 2			161,250.00		160,784.48			30-Sep-2005		9.700%		AZ - 75.00%		Paid Off - 360		01-Apr-2005

106755663 2			144,000.00		143,348.67			07-Oct-2005		7.500%		FL - 82.29%		Paid Off - 360		01-Apr-2005

106801525 2			164,000.00		163,098.25			30-Sep-2005		6.500%		MA - 46.79%		Paid Off - 360		01-Apr-2005

106841620 1			296,000.00		294,206.32			12-Sep-2005		5.990%		NJ - 68.84%		Paid Off - 360		01-Apr-2005

106961642 3			334,000.00		331,553.08			22-Sep-2005		7.100%		CA - 85.64%		Paid Off - 360		01-Mar-2005

106965866 3			178,750.00		177,757.44			16-Sep-2005		7.650%		CA - 65.00%		Paid Off - 360		01-Apr-2005

107040867 2			125,000.00		124,563.76			06-Oct-2005		9.550%		NY - 43.10%		Paid Off - 360		01-Mar-2005

107081721 1			92,000.00		91,686.32			04-Oct-2005		8.900%		NC - 44.88%		Paid Off - 360		01-Apr-2005

107107245 3			214,500.00		213,556.99			26-Sep-2005		6.700%		UT - 82.50%		Paid Off - 360		01-May-2005

107169088 1			238,275.00		237,074.23			29-Sep-2005		6.950%		AZ - 89.92%		Paid Off - 360		01-Apr-2005

107205668 1			222,000.00		220,922.44			16-Sep-2005		7.750%		FL - 88.80%		Paid Off - 360		01-Apr-2005

107240566 2			220,000.00		219,165.11			03-Oct-2005		7.450%		FL - 89.07%		Paid Off - 360		01-May-2005

107281164 3			427,000.00		424,343.26			23-Sep-2005		5.850%		NV - 94.89%		Paid Off - 360		01-Apr-2005

107410763 1			212,400.00		211,689.19			20-Sep-2005		8.990%		GA - 90.00%		Paid Off - 360		01-Apr-2005



Page 22 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 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

107432320 2			65,250.00		64,988.82			07-Oct-2005		8.400%		AZ - 75.00%		Paid Off - 360		01-Apr-2005


107571523 1			281,000.00		279,339.18			30-Sep-2005		7.600%		CA - 73.95%		Paid Off - 360		01-Apr-2005

107602740 1			139,500.00		138,957.00			20-Sep-2005		8.250%		ME - 90.00%		Paid Off - 360		01-Apr-2005

107652844 2			340,000.00		338,536.67			13-Sep-2005		7.750%		NY - 72.34%		Paid Off - 360		01-Apr-2005

107710501 2			179,000.00		178,259.83			26-Sep-2005		7.950%		NJ - 77.83%		Paid Off - 360		01-Apr-2005

107744823 2			124,000.00		122,693.06			21-Sep-2005		8.400%		NJ - 70.86%		Paid Off - 360		01-Apr-2005

107787343 2			139,500.00		138,869.01			26-Sep-2005		7.500%		GA - 90.00%		Paid Off - 360		01-Apr-2005

107813826 3			115,000.00		114,543.22			22-Sep-2005		8.150%		NJ - 47.92%		Paid Off - 360		01-Apr-2005

107816142 3			404,000.00		401,840.21			03-Oct-2005		7.450%		CA - 87.64%		Paid Off - 360		01-Mar-2005

107829285 3			61,000.00		60,854.45			23-Sep-2005		10.600%		FL - 42.66%		Paid Off - 360		01-Apr-2005

107862781 1			219,960.00		218,965.06			04-Oct-2005		7.500%		MD - 90.00%		Paid Off - 360		01-Apr-2005

107896680 1			124,300.00		123,770.37			20-Sep-2005		7.800%		MN - 77.69%		Paid Off - 360		01-Apr-2005

107949141 3			266,250.00		265,448.49			05-Oct-2005		9.500%		FL - 75.00%		Paid Off - 360		01-Apr-2005

107953580 3			378,250.00		376,892.68			21-Sep-2005		8.650%		CA - 85.00%		Paid Off - 360		01-Apr-2005

108008483 3			175,000.00		174,260.70			22-Sep-2005		7.900%		RI - 58.33%		Paid Off - 360		01-Apr-2005

108046202 1			221,250.00		220,297.76			13-Sep-2005		7.750%		NV - 75.00%		Paid Off - 360		01-Apr-2005

108065962 1			100,000.00		98,200.87			04-Oct-2005		6.990%		IL - 86.96%		Paid Off - 360		01-Apr-2005

108081407 3			127,500.00		127,147.05			30-Sep-2005		9.900%		AZ - 85.00%		Paid Off - 360		01-Apr-2005

108106626 2			259,568.00		258,262.44			13-Sep-2005		10.850%		TX - 74.91%		Paid Off - 360		01-Apr-2005

108149162 1			112,000.00		111,462.49			22-Sep-2005		7.200%		CA - 67.88%		Paid Off - 360		01-Apr-2005

108198607 3			96,000.00		95,747.94			21-Sep-2005		10.150%		IL - 73.56%		Paid Off - 360		01-Apr-2005

108203209 1			136,800.00		136,308.60			05-Oct-2005		8.650%		CT - 60.00%		Paid Off - 360		01-Apr-2005

108206160 3			382,700.00		380,969.01			26-Sep-2005		7.500%		CA - 87.98%		Paid Off - 360		01-Apr-2005

108219908 2			328,000.00		326,347.08			15-Sep-2005		6.950%		CA - 82.00%		Paid Off - 360		01-Apr-2005

108227885 2			97,000.00		96,602.10			26-Sep-2005		7.990%		FL - 52.43%		Paid Off - 360		01-Apr-2005

108237983 2			105,000.00		104,552.55			06-Oct-2005		7.800%		MO - 75.00%		Paid Off - 360		01-Apr-2005

108280843 2			258,000.00		256,995.76			28-Sep-2005		8.250%		MD - 78.18%		Paid Off - 360		01-Apr-2005

108338260 3			580,000.00		577,673.00			07-Oct-2005		8.100%		MD - 74.36%		Paid Off - 360		01-Apr-2005

108377003 3			369,000.00		367,330.95			21-Sep-2005		7.500%		FL - 90.00%		Paid Off - 360		01-Apr-2005

108381948 1			252,000.00		250,472.95			07-Oct-2005		5.990%		FL - 90.00%		Paid Off - 360		01-Apr-2005

108493321 3			595,000.00		592,255.00			12-Sep-2005		7.400%		CA - 87.50%		Paid Off - 360		01-Apr-2005

108494949 1			110,000.00		109,714.19			23-Sep-2005		10.200%		NJ - 73.33%		Paid Off - 360		01-Apr-2005

108531500 2			214,000.00		213,270.47			27-Sep-2005		8.900%		MD - 42.80%		Paid Off - 360		01-Apr-2005

108536681 3			332,000.00		331,109.62			03-Oct-2005		10.050%		MN - 51.04%		Paid Off - 360		01-Apr-2005

108538505 2			116,500.00		115,978.24			30-Sep-2005		7.550%		NJ - 27.74%		Paid Off - 360		01-Apr-2005

108545609 3			67,500.00		67,267.46			06-Oct-2005		8.850%		NC - 75.00%		Paid Off - 360		01-Apr-2005

108556564 3			64,265.00		64,081.38			22-Sep-2005		9.750%		PA - 79.34%		Paid Off - 360		01-Apr-2005

108557547 2			270,000.00		268,442.71			15-Sep-2005		6.250%		FL - 90.00%		Paid Off - 360		#######



Page 23 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 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

108559584 1			97,500.00		97,246.69			26-Sep-2005		10.200%		FL - 75.00%		Paid Off - 360		01-Apr-2005


108563727 3			186,500.00		185,631.27			29-Sep-2005		6.400%		FL - 60.75%		Paid Off - 360		01-May-2005

108568981 1			195,000.00		194,394.34			03-Oct-2005		9.350%		MD - 84.78%		Paid Off - 360		01-Apr-2005

108588724 1			189,356.00		188,465.02			06-Oct-2005		7.300%		FL - 72.27%		Paid Off - 360		01-Apr-2005

108626706 3			252,000.00		250,938.77			29-Sep-2005		7.900%		CA - 47.55%		Paid Off - 360		01-Apr-2005

108645581 2			119,773.00		119,474.78			04-Oct-2005		10.400%		WI - 84.95%		Paid Off - 360		01-Apr-2005

108647405 2			218,050.00		216,959.69			23-Sep-2005		6.990%		CO - 89.00%		Paid Off - 360		01-Apr-2005

108647603 2			107,950.00		107,656.76			13-Sep-2005		9.990%		IL - 85.00%		Paid Off - 360		01-Apr-2005

108664244 3			125,000.00		124,411.64			27-Sep-2005		7.300%		CA - 79.62%		Paid Off - 360		01-Apr-2005

108668047 1			216,000.00		215,070.34			12-Sep-2005		7.750%		MD - 87.45%		Paid Off - 360		01-Apr-2005

108669961 3			280,000.00		278,708.21			05-Oct-2005		7.400%		NY - 84.85%		Paid Off - 360		01-Apr-2005

108684846 3			598,500.00		595,599.60			06-Oct-2005		7.150%		CA - 90.00%		Paid Off - 360		01-Apr-2005

108687500 1			261,000.00		259,565.00			03-Oct-2005		6.500%		CA - 90.00%		Paid Off - 360		01-Apr-2005

108698127 3			294,000.00		292,170.84			13-Sep-2005		6.450%		HI - 67.59%		Paid Off - 360		01-Apr-2005

108708785 2			292,500.00		290,822.68			21-Sep-2005		6.550%		MD - 90.00%		Paid Off - 360		01-Apr-2005

108723826 1			106,000.00		105,607.81			27-Sep-2005		8.500%		CA - 69.74%		Paid Off - 360		01-Apr-2005

108762980 2			315,000.00		313,091.20			30-Sep-2005		5.990%		NJ - 72.41%		Paid Off - 360		01-Apr-2005

108775149 1			155,360.00		154,675.82			15-Sep-2005		7.990%		TX - 74.34%		Paid Off - 360		01-Apr-2005

108780446 3			70,000.00		69,775.71			20-Sep-2005		9.200%		IL - 22.88%		Paid Off - 360		01-Apr-2005

108807207 1			166,250.00		165,353.33			22-Sep-2005		6.600%		AZ - 95.00%		Paid Off - 360		01-Apr-2005

108813627 3			405,600.00		403,595.51			03-Oct-2005		7.050%		MD - 67.60%		Paid Off - 360		01-Apr-2005

108822883 2			303,200.00		301,828.60			22-Sep-2005		7.500%		CA - 80.00%		Paid Off - 360		01-Apr-2005

108826009 3			214,800.00		213,670.54			15-Sep-2005		6.750%		MD - 80.00%		Paid Off - 360		01-Apr-2005

108828567 3			381,000.00		378,627.82			28-Sep-2005		5.850%		CA - 64.14%		Paid Off - 360		01-Apr-2005

108877283 1			171,000.00		170,294.58			13-Sep-2005		8.500%		MD - 69.80%		Paid Off - 360		01-Apr-2005

108895582 1			202,500.00		201,780.73			22-Sep-2005		8.700%		NJ - 45.00%		Paid Off - 360		01-Apr-2005

108926080 2			162,000.00		161,167.57			21-Sep-2005		6.850%		MI - 89.01%		Paid Off - 360		01-Apr-2005

108933508 2			146,500.00		146,071.13			22-Sep-2005		9.990%		WI - 88.79%		Paid Off - 360		01-Apr-2005

108976366 2			85,200.00		84,766.43			15-Sep-2005		6.900%		WI - 81.14%		Paid Off - 360		01-Apr-2005

108984360 1			219,998.00		218,713.78			16-Sep-2005		6.200%		FL - 73.33%		Paid Off - 360		01-Apr-2005

108991340 3			108,000.00		107,713.42			27-Sep-2005		10.100%		GA - 82.44%		Paid Off - 360		01-Apr-2005

108992181 3			157,950.00		157,526.39			21-Sep-2005		10.050%		AZ - 81.00%		Paid Off - 360		01-Apr-2005

109002923 1			156,600.00		156,049.43			29-Sep-2005		8.750%		NJ - 90.00%		Paid Off - 360		01-Apr-2005

109009480 2			223,000.00		221,831.66			29-Sep-2005		6.750%		CA - 94.89%		Paid Off - 360		01-Apr-2005

109028449 2			94,500.00		94,292.64			29-Sep-2005		10.990%		KS - 75.00%		Paid Off - 360		01-Apr-2005

109053181 3			252,000.00		251,067.61			27-Sep-2005		8.500%		ME - 90.00%		Paid Off - 360		01-Apr-2005

109071621 1			216,000.00		215,250.07			22-Sep-2005		9.990%		IL - 73.22%		Paid Off - 360		01-Apr-2005

109117986 2			325,000.00		323,601.30			03-Oct-2005		7.750%		CA - 81.25%		Paid Off - 360		01-Apr-2005



Page 24 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 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

109130005 1			134,988.00		134,440.90			05-Oct-2005		8.050%		AZ - 89.99%		Paid Off - 360		01-Apr-2005


109146563 1			187,000.00		186,301.04			29-Sep-2005		8.450%		MD - 65.61%		Paid Off - 360		01-Apr-2005

109193607 2			95,339.00		94,962.57			04-Oct-2005		7.250%		MO - 75.67%		Paid Off - 360		01-May-2005

109216663 2			256,500.00		255,143.09			06-Oct-2005		6.700%		CT - 90.00%		Paid Off - 360		01-Apr-2005

109230961 3			63,000.00		62,630.76			05-Oct-2005		10.200%		WI - 50.40%		Paid Off - 360		01-Apr-2005

109237925 1			99,000.00		98,460.87			21-Sep-2005		6.550%		AL - 90.00%		Paid Off - 360		01-Apr-2005

109247320 2			76,000.00		75,713.02			05-Oct-2005		8.400%		MO - 64.68%		Paid Off - 360		01-Apr-2005

109268920 3			356,000.00		354,023.79			03-Oct-2005		6.450%		CA - 37.76%		Paid Off - 360		01-Apr-2005

109270025 2			202,500.00		201,747.44			28-Sep-2005		8.550%		HI - 90.00%		Paid Off - 360		01-Apr-2005

109283523 2			99,750.00		99,369.46			15-Sep-2005		8.350%		MD - 75.00%		Paid Off - 360		01-Apr-2005

109287425 1			129,257.00		128,778.75			06-Oct-2005		8.500%		FL - 64.79%		Paid Off - 360		01-Apr-2005

109301127 1			157,500.00		156,533.94			04-Oct-2005		6.850%		AZ - 90.00%		Paid Off - 360		01-Apr-2005

109334185 1			304,199.00		302,558.35			07-Oct-2005		6.600%		CA - 90.00%		Paid Off - 360		01-Apr-2005

109344283 1			121,500.00		120,684.32			23-Sep-2005		7.150%		NJ - 90.00%		Paid Off - 360		01-Apr-2005

109344507 1			155,750.00		155,076.74			07-Oct-2005		7.750%		HI - 79.87%		Paid Off - 360		01-Apr-2005

109350900 3			266,646.00		265,151.53			29-Sep-2005		6.400%		CA - 70.17%		Paid Off - 360		01-Apr-2005

109378828 1			143,000.00		142,502.36			06-Oct-2005		8.800%		CA - 79.44%		Paid Off - 360		01-Apr-2005

109412007 3			420,446.00		418,654.49			22-Sep-2005		7.800%		CA - 86.69%		Paid Off - 360		01-Apr-2005

109428821 1			289,000.00		287,554.91			28-Sep-2005		6.990%		CA - 74.10%		Paid Off - 360		01-Apr-2005

109443002 3			397,800.00		396,251.62			30-Sep-2005		8.250%		NJ - 90.00%		Paid Off - 360		01-Apr-2005

109478800 2			261,000.00		259,771.85			28-Sep-2005		7.300%		NV - 90.00%		Paid Off - 360		01-Apr-2005

109493163 3			94,000.00		93,787.45			03-Oct-2005		10.850%		GA - 69.63%		Paid Off - 360		01-Apr-2005

109529149 1			253,750.00		252,495.95			29-Sep-2005		7.050%		CA - 87.50%		Paid Off - 360		01-Apr-2005

109535203 2			116,250.00		115,944.76			07-Oct-2005		10.150%		IL - 75.00%		Paid Off - 360		01-Apr-2005

109538140 3			132,500.00		131,912.47			12-Sep-2005		7.600%		HI - 58.63%		Paid Off - 360		01-Apr-2005

109558007 3			135,000.00		134,213.86			26-Sep-2005		6.200%		CT - 75.00%		Paid Off - 360		01-Apr-2005

109606467 1			102,000.00		101,711.64			19-Sep-2005		9.800%		AZ - 85.00%		Paid Off - 360		01-Apr-2005

109620906 2			146,932.00		146,424.97			04-Oct-2005		8.850%		IL - 89.59%		Paid Off - 360		01-Apr-2005

109638684 3			650,000.00		647,333.82			21-Sep-2005		7.990%		NY - 73.86%		Paid Off - 360		01-Apr-2005

109645804 1			171,000.00		170,013.71			06-Oct-2005		6.250%		FL - 90.00%		Paid Off - 360		01-Apr-2005

109646307 1			288,500.00		287,093.49			22-Sep-2005		7.350%		NY - 87.42%		Paid Off - 360		01-Apr-2005

109651562 1			315,000.00		313,971.39			07-Oct-2005		8.200%		WA - 90.00%		Paid Off - 360		01-May-2005

109658385 2			178,200.00		177,161.21			05-Oct-2005		6.200%		AZ - 90.00%		Paid Off - 360		01-Apr-2005

109662544 2			255,000.00		253,454.77			28-Sep-2005		5.990%		CA - 60.00%		Paid Off - 360		01-Apr-2005

109668426 2			86,250.00		85,930.88			06-Oct-2005		8.500%		FL - 72.48%		Paid Off - 360		01-Apr-2005

109671560 2			193,500.00		192,327.43			15-Sep-2005		5.990%		CA - 60.75%		Paid Off - 360		01-Apr-2005

109689562 2			292,500.00		291,600.91			19-Sep-2005		9.400%		FL - 90.00%		Paid Off - 360		01-Apr-2005

109704825 2			283,000.00		281,806.12			26-Sep-2005		7.850%		MD - 88.44%		Paid Off - 360		01-Apr-2005



Page 25 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 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

109706606 3			499,999.00		497,599.57			12-Sep-2005		7.200%		CA - 74.63%		Paid Off - 360		01-Apr-2005


109710145 1			67,525.00		67,292.43			13-Sep-2005		8.850%		TX - 64.31%		Paid Off - 360		01-Apr-2005

109711101 1			253,000.00		251,866.92			30-Sep-2005		7.550%		CA - 70.28%		Paid Off - 360		01-Apr-2005

109718924 1			213,500.00		212,505.25			23-Sep-2005		7.350%		CA - 83.73%		Paid Off - 360		01-Apr-2005

109748442 3			266,000.00		264,337.32			22-Sep-2005		7.300%		MD - 83.91%		Paid Off - 360		01-Apr-2005

109748822 3			252,000.00		250,583.04			26-Sep-2005		6.400%		MA - 77.54%		Paid Off - 360		01-Apr-2005

109755421 3			315,000.00		313,233.74			13-Sep-2005		6.400%		CA - 74.12%		Paid Off - 360		01-Apr-2005

109800680 2			61,000.00		60,287.30			19-Sep-2005		8.900%		FL - 58.10%		Paid Off - 360		01-Apr-2005

109802660 2			188,000.00		187,132.31			30-Sep-2005		7.400%		MD - 89.52%		Paid Off - 360		01-Apr-2005

109813808 3			151,500.00		150,721.52			12-Sep-2005		6.850%		MD - 75.75%		Paid Off - 360		01-Apr-2005

109828061 2			146,000.00		145,578.50			14-Sep-2005		9.700%		NV - 64.89%		Paid Off - 360		01-Apr-2005

109852301 1			156,400.00		156,018.79			29-Sep-2005		10.500%		IL - 85.00%		Paid Off - 360		01-Apr-2005

109859520 2			131,750.00		131,454.75			23-Sep-2005		10.900%		WI - 85.00%		Paid Off - 360		01-Apr-2005

109866962 3			276,300.00		274,918.43			19-Sep-2005		6.990%		SC - 90.00%		Paid Off - 360		01-Apr-2005

109878207 1			186,000.00		184,764.38			21-Sep-2005		5.500%		MD - 71.68%		Paid Off - 360		01-Apr-2005

109886085 1			315,000.00		313,834.56			26-Sep-2005		8.500%		CA - 90.00%		Paid Off - 360		01-Apr-2005

109910620 2			266,669.00		265,906.76			26-Sep-2005		9.750%		FL - 90.00%		Paid Off - 360		01-Apr-2005

109926188 1			112,000.00		111,702.79			30-Sep-2005		10.100%		MD - 72.26%		Paid Off - 360		01-Apr-2005

109935189 2			86,900.00		86,651.72			20-Sep-2005		9.750%		MD - 84.99%		Paid Off - 360		01-Apr-2005

109936864 2			183,000.00		181,609.31			13-Sep-2005		6.100%		MD - 55.47%		Paid Off - 360		01-Apr-2005

109948448 3			168,000.00		167,411.29			14-Sep-2005		7.850%		CA - 35.37%		Paid Off - 360		01-May-2005

109954529 2			249,999.00		249,162.42			03-Oct-2005		8.990%		NJ - 73.51%		Paid Off - 360		01-Apr-2005

109963504 2			250,000.00		248,706.91			06-Oct-2005		5.850%		MA - 47.62%		Paid Off - 360		01-May-2005

109970889 1			180,000.00		178,790.91			04-Oct-2005		10.500%		CA - 90.00%		Paid Off - 360		01-May-2005

109972042 1			169,000.00		168,131.59			27-Sep-2005		6.850%		AZ - 71.92%		Paid Off - 360		01-Apr-2005

109987081 2			172,000.00		171,229.68			07-Oct-2005		7.550%		CA - 64.91%		Paid Off - 360		01-Apr-2005

109989509 2			165,000.00		164,323.14			22-Sep-2005		7.990%		FL - 75.00%		Paid Off - 360		01-Apr-2005

110021284 2			#######		224,960.60			27-Sep-2005		6.990%		MD - 85.99%		Paid Off - 360		01-Apr-2005

110030020 1			225,000.00		224,031.65			29-Sep-2005		7.750%		AZ - 90.00%		Paid Off - 360		01-Apr-2005

110078342 2			144,000.00		143,208.27			23-Sep-2005		6.500%		FL - 90.00%		Paid Off - 360		01-Apr-2005

110087343 2			150,410.00		149,652.00			28-Sep-2005		6.950%		IL - 78.14%		Paid Off - 360		01-Apr-2005

110090941 1			115,200.00		114,769.41			03-Oct-2005		8.450%		MD - 90.00%		Paid Off - 360		01-Apr-2005

110098662 1			156,600.00		155,925.53			15-Sep-2005		7.750%		IL - 87.00%		Paid Off - 360		01-Apr-2005

110113701 3			60,000.00		59,768.75			12-Sep-2005		8.300%		FL - 70.25%		Paid Off - 360		01-Apr-2005

110135183 2			190,000.00		189,289.84			21-Sep-2005		8.450%		CA - 41.30%		Paid Off - 360		01-Apr-2005

110181781 2			102,000.00		101,758.32			03-Oct-2005		10.700%		SC - 85.00%		Paid Off - 360		01-Apr-2005

110217643 3			165,000.00		164,562.11			03-Oct-2005		10.100%		IL - 75.00%		Paid Off - 360		01-Apr-2005

110226883 1			190,800.00		190,072.18			03-Oct-2005		8.350%		WI - 79.50%		Paid Off - 360		01-Apr-2005



Page 26 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 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

110243706 2			223,061.00		221,859.94			21-Sep-2005		6.900%		FL - 78.63%		Paid Off - 360		01-Apr-2005


110339520 2			247,414.00		246,154.49			29-Sep-2005		6.900%		AZ - 89.97%		Paid Off - 360		01-Apr-2005

110349123 1			234,000.00		233,119.25			03-Oct-2005		7.500%		CA - 55.06%		Paid Off - 360		01-May-2005

110363124 3			143,000.00		142,507.43			28-Sep-2005		8.850%		MD - 56.75%		Paid Off - 360		01-Apr-2005

110376803 3			142,000.00		141,608.82			16-Sep-2005		9.990%		NV - 81.14%		Paid Off - 360		01-Apr-2005

110415668 2			95,000.00		94,716.98			15-Sep-2005		9.550%		IL - 36.54%		Paid Off - 360		01-Apr-2005

110437688 3			382,500.00		381,372.33			14-Sep-2005		9.600%		NY - 94.44%		Paid Off - 360		01-Apr-2005

110448180 2			191,700.00		190,922.38			04-Oct-2005		8.050%		MD - 90.00%		Paid Off - 360		01-Apr-2005

110465507 1			183,000.00		181,340.17			03-Oct-2005		6.300%		NJ - 46.92%		Paid Off - 360		01-Apr-2005

110499068 3			400,000.00		398,808.38			07-Oct-2005		9.550%		CA - 61.54%		Paid Off - 360		01-Apr-2005

110525201 3			192,600.00		191,510.14			16-Sep-2005		6.350%		CA - 81.96%		Paid Off - 360		01-Apr-2005

110535903 2			144,500.00		143,932.88			20-Sep-2005		7.300%		NJ - 82.57%		Paid Off - 360		01-May-2005

110543865 1			213,000.00		212,126.27			30-Sep-2005		7.990%		CA - 63.77%		Paid Off - 360		01-Apr-2005

110557220 3			360,589.00		359,382.32			21-Sep-2005		8.990%		MD - 74.35%		Paid Off - 360		01-Apr-2005

110566981 3			326,000.00		324,638.43			13-Sep-2005		7.900%		NY - 64.55%		Paid Off - 360		01-Apr-2005

110585320 1			340,000.00		338,797.02			28-Sep-2005		8.800%		NY - 68.00%		Paid Off - 360		01-Apr-2005

110624988 2			182,009.00		181,008.24			27-Sep-2005		6.500%		CA - 63.18%		Paid Off - 360		01-Apr-2005

110626389 2			166,000.00		164,994.08			19-Sep-2005		5.990%		OR - 92.22%		Paid Off - 360		01-Apr-2005

110649761 2			100,125.00		99,908.17			19-Sep-2005		11.050%		MD - 74.72%		Paid Off - 360		01-Apr-2005

110657525 1			204,000.00		202,556.84			27-Sep-2005		10.650%		MD - 85.00%		Paid Off - 360		01-May-2005

110658481 1			168,000.00		167,201.66			22-Sep-2005		7.250%		MD - 65.88%		Paid Off - 360		01-Apr-2005

110660222 2			131,840.00		131,213.47			12-Sep-2005		7.250%		MD - 80.00%		Paid Off - 360		01-Apr-2005

110663309 1			267,750.00		266,379.57			28-Sep-2005		7.700%		NJ - 85.00%		Paid Off - 360		01-Apr-2005

110692084 2			246,000.00		245,135.13			15-Sep-2005		8.750%		NJ - 53.48%		Paid Off - 360		01-Apr-2005

110706363 3			140,250.00		139,911.81			05-Oct-2005		10.550%		IL - 85.00%		Paid Off - 360		01-Apr-2005

110720505 1			185,500.00		183,711.21			07-Oct-2005		6.750%		NV - 73.55%		Paid Off - 360		01-Apr-2005

110726148 2			93,148.00		92,889.22			29-Sep-2005		8.990%		FL - 75.12%		Paid Off - 360		01-May-2005

110735347 3			60,000.00		59,828.54			16-Sep-2005		9.750%		FL - 85.71%		Paid Off - 360		01-Apr-2005

110741006 1			230,000.00		228,915.11			22-Sep-2005		8.700%		MN - 89.15%		Paid Off - 360		01-May-2005

110751682 2			210,000.00		209,579.87			30-Sep-2005		10.550%		IL - 87.50%		Paid Off - 360		01-May-2005

110759362 1			155,200.00		154,577.28			06-Oct-2005		8.100%		FL - 80.00%		Paid Off - 360		01-Apr-2005

110764701 2			114,095.00		113,430.62			05-Oct-2005		6.200%		AZ - 90.00%		Paid Off - 360		01-Apr-2005

110785664 1			125,187.00		124,833.10			22-Sep-2005		9.800%		PA - 69.00%		Paid Off - 360		01-Apr-2005

110817327 3			393,777.00		391,808.01			30-Sep-2005		6.990%		CA - 64.55%		Paid Off - 360		01-Apr-2005

110829280 2			184,500.00		183,019.13			06-Oct-2005		6.750%		FL - 88.28%		Paid Off - 360		01-Apr-2005

110829363 3			140,000.00		139,229.67			14-Sep-2005		6.500%		CA - 78.43%		Paid Off - 360		01-Apr-2005

110878667 3			246,840.00		245,678.50			03-Oct-2005		7.300%		CA - 70.53%		Paid Off - 360		01-Apr-2005

110880747 3			399,999.00		397,757.14			30-Sep-2005		6.400%		CA - 65.60%		Paid Off - 360		01-Apr-2005



Page 27 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 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

111042909 1			90,500.00		90,153.12			27-Sep-2005		7.400%		FL - 80.09%		Paid Off - 360		01-May-2005


111044905 2			94,775.00		94,574.98			03-Oct-2005		10.300%		IL - 85.00%		Paid Off - 360		01-May-2005

111046348 2			298,800.00		297,852.45			13-Sep-2005		9.250%		MD - 90.00%		Paid Off - 360		01-Apr-2005

111056883 3			351,000.00		350,227.10			29-Sep-2005		10.100%		FL - 90.00%		Paid Off - 360		01-May-2005

111057766 2			107,100.00		106,907.59			19-Sep-2005		11.050%		SC - 85.00%		Paid Off - 360		01-May-2005

111058905 3			87,500.00		87,424.74			20-Sep-2005		14.350%		NJ - 70.00%		Paid Off - 360		01-May-2005

111068367 1			279,000.00		275,410.27			21-Sep-2005		9.700%		IL - 90.00%		Paid Off - 180		01-May-2005

111089561 2			303,000.00		301,861.51			30-Sep-2005		7.500%		IL - 94.98%		Paid Off - 360		01-May-2005

111094900 3			447,194.00		445,428.49			30-Sep-2005		7.250%		CA - 80.00%		Paid Off - 360		01-May-2005

111099107 2			164,000.00		163,272.76			14-Sep-2005		7.600%		FL - 68.33%		Paid Off - 360		01-Apr-2005

111174926 1			352,800.00		351,588.36			16-Sep-2005		7.950%		MD - 89.86%		Paid Off - 360		01-May-2005

111183869 1			205,200.00		204,421.28			28-Sep-2005		7.450%		MD - 90.00%		Paid Off - 360		01-May-2005

111186326 1			271,200.00		270,259.20			30-Sep-2005		7.900%		CA - 77.49%		Paid Off - 360		01-May-2005

111215265 2			84,000.00		83,641.34			13-Sep-2005		6.850%		SC - 44.92%		Paid Off - 360		01-May-2005

111244687 2			112,500.00		112,178.62			29-Sep-2005		9.750%		WI - 90.00%		Paid Off - 360		01-Apr-2005

111249660 1			130,500.00		129,984.74			07-Oct-2005		7.250%		FL - 74.87%		Paid Off - 360		01-May-2005

111257762 3			360,000.00		358,223.26			22-Sep-2005		6.100%		CA - 83.72%		Paid Off - 360		01-May-2005

111268207 2			247,500.00		246,708.00			06-Oct-2005		8.300%		MD - 90.00%		Paid Off - 360		01-May-2005

111285284 1			175,000.00		174,245.49			27-Sep-2005		6.800%		FL - 87.50%		Paid Off - 360		01-May-2005

111356168 1			60,000.00		59,819.52			27-Sep-2005		10.250%		NY - 75.00%		Paid Off - 360		01-May-2005

111422127 3			80,000.00		79,606.38			29-Sep-2005		7.950%		IA - 40.61%		Paid Off - 360		01-May-2005

111426185 3			220,000.00		219,236.45			27-Sep-2005		7.950%		NJ - 78.57%		Paid Off - 360		01-May-2005

111482428 2			126,000.00		125,612.85			22-Sep-2005		8.500%		MI - 90.00%		Paid Off - 360		01-May-2005

111484721 3			260,000.00		258,717.41			03-Oct-2005		6.100%		CA - 67.28%		Paid Off - 360		01-May-2005

111498309 2			148,500.00		147,792.37			07-Oct-2005		6.300%		AZ - 90.00%		Paid Off - 360		01-May-2005

111509220 2			238,000.00		237,069.61			06-Oct-2005		7.300%		MD - 83.51%		Paid Off - 360		01-May-2005

111528402 1			217,000.00		216,117.65			15-Sep-2005		7.100%		CA - 53.58%		Paid Off - 360		01-May-2005

111536488 2			245,800.00		244,719.41			03-Oct-2005		6.700%		RI - 82.48%		Paid Off - 360		01-May-2005

111537940 1			248,000.00		247,411.97			23-Sep-2005		9.750%		NJ - 80.00%		Paid Off - 360		01-May-2005

111570107 2			309,000.00		307,667.75			04-Oct-2005		6.800%		CA - 84.66%		Paid Off - 360		01-May-2005

111597985 2			153,000.00		152,395.70			03-Oct-2005		7.250%		FL - 90.00%		Paid Off - 360		01-May-2005

111605044 3			137,700.00		137,317.43			28-Sep-2005		8.990%		MD - 90.00%		Paid Off - 360		01-May-2005

111676821 3			188,500.00		187,902.88			03-Oct-2005		8.350%		NY - 52.13%		Paid Off - 360		01-May-2005

111714861 3			212,500.00		211,953.25			05-Oct-2005		10.300%		IL - 85.00%		Paid Off - 360		01-May-2005

111715066 1			107,100.00		106,802.42			04-Oct-2005		8.990%		IA - 90.00%		Paid Off - 360		01-May-2005

111730685 3			63,500.00		63,272.94			03-Oct-2005		7.750%		FL - 50.80%		Paid Off - 360		01-May-2005

111740460 3			393,500.00		391,539.52			04-Oct-2005		6.050%		CA - 89.66%		Paid Off - 360		01-May-2005

111777025 1			158,000.00		157,604.49			26-Sep-2005		9.500%		IL - 59.62%		Paid Off - 360		01-May-2005



Page 28 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 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

111795027 2			269,000.00		267,384.85			19-Sep-2005		7.250%		UT - 85.40%		Paid Off - 300		01-May-2005


111796645 1			140,250.00		139,316.80			22-Sep-2005		6.450%		FL - 82.50%		Paid Off - 360		01-May-2005

111880423 2			152,000.00		151,577.68			29-Sep-2005		8.990%		CA - 53.33%		Paid Off - 360		01-May-2005

111972642 3			270,000.00		269,560.20			21-Sep-2005		11.500%		NY - 90.00%		Paid Off - 360		01-May-2005

112153648 2			265,750.00		264,721.31			03-Oct-2005		7.350%		NJ - 64.82%		Paid Off - 360		01-May-2005

112184528 1			215,000.00		213,929.26			15-Sep-2005		6.050%		MD - 79.63%		Paid Off - 360		01-May-2005

112478128 3			89,250.00		89,002.02			04-Oct-2005		8.990%		FL - 85.00%		Paid Off - 360		01-May-2005

112573589 2			139,000.00		138,536.84			07-Oct-2005		8.100%		WI - 84.24%		Paid Off - 360		01-May-2005

112717368 2			156,000.00		155,663.68			21-Sep-2005		10.200%		IL - 61.66%		Paid Off - 360		01-May-2005

112785647 2			347,000.00		346,194.39			20-Sep-2005		9.850%		MD - 44.49%		Paid Off - 360		01-May-2005

113268809 2			256,050.00		254,956.68			16-Sep-2005		6.850%		PA - 90.00%		Paid Off - 360		01-May-2005

113312524 3			341,000.00		339,486.31			29-Sep-2005		6.650%		CA - 77.50%		Paid Off - 360		01-May-2005

113470249 2			192,750.00		192,107.71			16-Sep-2005		8.100%		AZ - 75.00%		Paid Off - 360		01-May-2005

113630669 1			68,000.00		67,850.27			27-Sep-2005		10.100%		IL - 68.00%		Paid Off - 360		01-May-2005

114022247 2			266,000.00		264,853.10			29-Sep-2005		6.800%		CA - 84.44%		Paid Off - 360		01-May-2005

114374424 2			195,303.00		194,690.59			15-Sep-2005		8.400%		MD - 65.10%		Paid Off - 360		01-May-2005

114534803 3			144,000.00		143,505.44			03-Oct-2005		7.950%		AZ - 90.00%		Paid Off - 360		01-May-2005



TOTAL			67,189,721.00		66,860,235.12



Page 29 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



									Group 3		Group 2		Group 1		Total


Current




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

Cumulative




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










Page 30 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution


DEFAULT SPEEDS



									Group 3		Group 2		Group 1		Total



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


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


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


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












Page 31 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 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 32 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 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 33 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS

								Group 3		Group 2		Group 1		Total
						Does a Trigger Event Exist? (0=No,1=Yes)								0
						Has a Stepdown Date Occurred? (0=No,1=Yes)								0
						Balances 60+ days includes REO, BKC and FCL								36,994,502.84
						Delinquency Percentage								2.0987%
						Balance of Mezzanine and C Class								250,000,000.05
						Ending Pool Balance								1,694,079,495.10
						Credit Enhancement Percentage (Current Period)								14.7573%
						Credit Enhancement Percentage (Prior Period)								14.1825%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION

								Group 3		Group 2		Group 1		Total
Current LIBOR Rate														3.830000%
Next LIBOR Rate														4.037500%




Page 34 of 35
Ameriquest Mortgage Securities, Inc. 2005-R3

Mortgage Pass-Through Certificates

2005-R3

October 25, 2005 Distribution
Additional Certificate Report

ADDITIONAL CERTIFICATE REPORT


CLASS







Page 35 of 35

Ameriquest Mortgage Securities Inc. Series 2005-R3 8-K