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): ~~August~~December 19, 2005 (Date of earliest event reported) Greenwich Capital Acceptance Inc., (as Depositor under the Pooling and Servicing Agreement, dated as June 1, 2005, providing for the issuance of Harborview Mortgage Loan Trust 2005-5 Mortgage Loan Pass-Through Certificates, Series 2005-5) (Exact name of registrant as specified in charter) DELAWARE (State or Other Jurisdiction of Incorporation) 333-121661-26 06-1199884 (Commission File Number) (I.R.S. Employer Identification No.) 600 Steamboat Road Greenwich, Connecticut 06830 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (203) 625-2700 (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b)) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 8.01 Other Events Attached hereto is a copy of the Monthly Remittance Statements to the Certificateholders which was derived from the monthly information submitted by the Master Servicer of the Trust to the Trustee. Item 9.01 Financial Statements and Exhibits (c) Exhibits: Exhibit No. Description 99.1 Monthly Remittance Statement to the Certificateholders dated as of ~~August~~December 19, 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 Greenwich Capital Acceptance Inc., Registrant Date: ~~Aug~~Jan 2304, ~~2005~~2006 By: /s/ Katherine M. Wannenmacher Katherine M. Wannenmacher Vice President EXHIBIT INDEX DOCUMENT 99.1 Monthly Remittance Statement to the Certificateholders dated as of ~~August~~December 19, 2005.

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

August 19, 2005 Distribution

December 19, 2005 Distribution

Contents

TABLE OF CONTENTS

Page

Contents

Certificate Payment Report

Collection Account Report

Credit Enhancement Report

Collateral Report

Delinquency Report

REO Report

Foreclosure Report

Prepayment Report

10.

Prepayment Detail Report

11.

Realized Loss Report

12.

Realized Loss Detail Report

13.

Triggers, Adj. Rate Cert. and Miscellaneous Report

14.

Other Related Information

15.

Additional Certificate Report

Total Number of Pages

CONTACTS

Administrator: Nicholas Gisler

Administrator: Radha Nilakantan

Direct Phone Number: (714)247-6268

Direct Phone Number: 714-247-6319

Address: Deutsche Bank

1761 E. St. Andrew Place, Santa Ana, CA 92705

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

Factor Information: (800) 735-7777

Main Phone Number: (714) 247-6000

ISSUANCE INFORMATION

Seller:

Greenwich Capital Financial Products, In

Cut-Off Date: June 1, 2005

Certificate Insurer(s):

Closing Date: June 30, 2005

First Payment Date: July 19, 2005

Servicer(s):

IndyMac Bank Servicer

Distribution Date: August 19, 2005

Distribution Date: December 19, 2005

Underwriter(s):

Greenwich Capital Markets Underwriter

Record Date: ~~August~~December 1816, 2005

Washington Mutual

~~July~~November 2930, 2005

Page 1 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

REMIC II Series 2005-5

Certificate Payment Report for August 19, 2005 Distribution

Certificate Payment Report for December 19, 2005 Distribution

Distribution in Dollars - Current Period

Prior

Current

Class

Original

Principal

Total

Realized

Deferred

Principal

Class

Type

Face Value

Balance

Interest

Principal

Distribution

Losses

Interest

Balance

(1)

(2)

(3)

(4)=(2)+(3)

(5)

(6)

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

1-A1A

STEP, FLT A

124,281,000.00

~~124~~117,~~154~~822,~~687~~270.5182

~~398~~409,~~444~~571.4095

1,~~051~~691,~~639~~254.5516

12,~~450~~100,~~083~~826.9511

~~123~~116,~~103~~131,~~047~~016.9765

1-A1B

STEP, FLT A

53,263,000.00

5350,~~208~~494,~~866~~988.3705

~~215~~214,~~663~~018.3429

~~450~~724,~~700~~819.2433

~~666~~938,~~363~~837.5862

5249,~~758~~770,~~166~~168.1273

2-A1A

STEP, FLT A

238,743,000.00

~~238~~228,~~666~~512,~~595~~234.9557

~~757~~787,~~721~~241.8941

23,~~238~~911,~~730~~399.1929

24,~~996~~698,~~452~~640.0870

~~236~~224,~~427~~600,~~865~~835.7629

2-A1B

STEP, FLT A

99,476,000.00

9995,~~444~~213,~~165~~191.0679

~~317~~329,~~429~~497.3152

~~932~~1,~~801~~629,745.9061

1,~~250~~959,~~231~~243.2113

9893,~~511~~583,~~363~~446.1618

2-A1C

STEP, FLT A

59,686,000.00

5957,~~666~~128,~~898~~297.9193

~~196~~202,~~110~~587.6448

~~559~~977,~~684~~853.8992

~~755~~1,~~795~~180,441.5340

5956,~~107~~150,~~214~~444.0201

B-1

SUB, STEP,

19,911,000.00

19,~~904~~903,~~878~~476.8941

6873,~~507~~367.7789

~~525~~77.0665

6973,~~032~~445.8354

19,~~904~~903,~~353~~398.8376

B-2

SUB, STEP,

15,735,000.00

15,~~730~~729,~~162~~054.6935

5660,~~713~~304.0460

~~414~~61.9437

5760,~~127~~365.9897

15,~~729~~728,~~747~~992.7598

B-3

SUB, STEP,

11,560,000.00

11,~~556~~555,~~446~~631.1992

4850,~~929~~864.7689

~~304~~45.8408

4950,~~234~~909.6097

11,~~556~~555,~~141~~586.3584

B-4

SUB, STEP,

9,313,000.00

9,~~310~~309,~~136~~480.9798

4142,~~423~~788.2009

~~245~~36.5932

4142,~~668~~824.7941

9,309,~~891~~444.3866

B-5

SUB, STEP,

3,211,000.00

3,~~210~~209,~~012~~786.8668

14,~~282~~752.1877

8412.6852

14,~~366~~765.8629

3,209,~~928~~774.1816

B-6

SUB, STEP,

3,853,000.00

3,851,~~815~~544.5010

17,~~137~~702.7241

~~101~~15.6103

17,~~239~~717.3344

3,851,~~713~~529.8907

B-7

SUB, STEP,

3,211,288.18

3,210,~~300~~074.9677

14,~~283~~754.4610

8412.6852

14,~~368~~766.1362

3,210,~~216~~062.2825

X-1

IO, CSTR, N

~~345~~295,~~802~~617.0247

X-2

IO, CSTR, N

~~233~~403,~~573~~951.6809

SUB, STEP,

42115,~~634~~827.66

A-R

CSTR, AS

100.00

A-RII

CSTR, AS

16,720.56

PO-1

SUB, STEP,

50.00

PO-2

SUB, STEP,

50.00

393,118.39

Total

642,260,208.74

~~642~~616,~~308~~333,~~136~~200.2576

23,~~768~~032,~~657~~847.0662

58,~~235~~935,~~318~~332.1879

811,~~003~~968,~~975~~180.2341

~~637~~607,~~072~~397,~~818~~867.0797

Interest Accrual Detail

Current Period Factor Information per $1,000 of Original Face

Orig. Principal

Prior

Current

Period

(with Notional)

Principal

Total

Principal

Class

Starting

Ending

Method

Cusip

Balance

Interest

Principal

Distribution

Balance

(1)

(2)

(3)

(4)=(2)+(3)

(5)

1-A1A

0711/1921/05

0812/18/05

A-Act/360

41161PNN9

124,281,000.00

~~998~~948.~~983654~~031242

3.~~205996~~295531

813.~~461789~~608308

1116.~~667785~~903840

~~990~~934.~~521866~~422934

1-A1B

0711/1921/05

0812/18/05

A-Act/360

41161PPL1

53,263,000.00

~~998~~948.~~983654~~031242

4.~~049027~~018142

813.~~461789~~608308

1217.~~510816~~626450

~~990~~934.~~521866~~422934

2-A1A

0711/1921/05

0812/18/05

A-Act/360

41161PNP4

238,743,000.00

~~999~~957.~~679974~~147370

3.~~173797~~297443

916.~~377155~~383305

1219.~~550953~~680747

~~990~~940.~~302818~~764065

2-A1B

0711/1921/05

0812/18/05

A-Act/360

41161PNQ2

99,476,000.00

~~999~~957.~~679974~~147370

3.~~191014~~312332

916.~~377155~~383305

1219.~~568169~~695636

~~990~~940.~~302818~~764065

2-A1C

0711/1921/05

0812/18/05

A-Act/360

41161PNR0

59,686,000.00

~~999~~957.~~679974~~147370

3.~~285706~~394221

916.~~377155~~383305

1219.~~662861~~777526

~~990~~940.~~302818~~764065

B-1

0711/1921/05

0812/18/05

A-Act/360

41161PNV1

19,911,000.00

999.~~692576~~622139

3.~~440700~~684792

0.~~026370~~003900

3.~~467070~~688692

999.~~666206~~618239

B-2

0711/1921/05

0812/18/05

A-Act/360

41161PNW9

15,735,000.00

999.~~692576~~622139

3.~~604261~~832514

0.~~026371~~003900

3.~~630631~~836414

999.~~666206~~618238

B-3

0711/1921/05

0812/18/05

A-Act/360

41161PNX7

11,560,000.00

999.~~692577~~622138

4.~~232678~~400077

0.~~026370~~003900

4.~~259048~~403977

999.~~666207~~618239

B-4

0711/1921/05

0812/18/05

A-Act/360

41161PNY5

9,313,000.00

999.~~692577~~622139

4.~~447890~~594448

0.~~026371~~003900

4.~~474261~~598347

999.~~666206~~618239

B-5

0711/1921/05

0812/18/05

A-Act/360

41161PNZ2

3,211,000.00

999.~~692576~~622136

4.~~447891~~594447

0.~~026372~~003899

4.~~474263~~598346

999.~~666204~~618237

B-6

0711/1921/05

0812/18/05

A-Act/360

41161PPA5

3,853,000.00

999.~~692577~~622139

4.~~447889~~594448

0.~~026372~~003901

4.~~474260~~598349

999.~~666206~~618238

B-7

0711/1921/05

0812/18/05

A-Act/360

41161PPM9

3,211,288.18

999.~~692578~~622142

4.~~447890~~594449

0.~~026368~~003899

4.~~474258~~598348

999.~~666210~~618244

X-1

A-30/360

41161PQM8

575,449,000.00

~~961~~821.~~480911~~945907

0.~~600926~~513716

~~950~~789.~~178909~~991937

X-2

A-30/360

41161PQN6

642,260,208.74

~~1,000~~959.~~074623~~631614

0.~~363675~~628952

~~991~~945.~~923226~~719289

F-30/360

GC05H5101

A-R

0711/1921/05

0812/18/05

A-30/360

41161PNS8

100.00

A-RII

0711/1921/05

0812/18/05

A-30/360

41161PQL0

16,720.56

PO-1

F-30/360

41161PQP1

50.00

1,000.000000

PO-2

F-30/360

41161PQQ9

50.00

7,862,367.800000

Page 2 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

REMIC II Series 2005-5

Certificate Payment Report for August 19, 2005 Distribution

Certificate Payment Report for December 19, 2005 Distribution

Distribution in Dollars - to Date

Current

Original

Unscheduled

Scheduled

Total

Realized

Deferred

Principal

Class

Face Value

Interest

Principal

Distribution

Losses

Interest

Balance

(1)

(2)

(3)

(4)

(5)=(3)+(4)

(6)=(2)+(5)

(7)

(8)

(9)=(1)-(5)-(7)+(8)

1-A1A

124,281,000.00

~~637~~2,~~202~~346,296.0185

18,~~126~~085,~~159~~899.2242

5164,~~792~~083.8193

18,~~177~~149,~~952~~983.0335

110,~~815~~496,~~154~~280.0420

~~123~~116,~~103~~131,~~047~~016.9765

1-A1B

53,263,000.00

~~345~~1,~~536~~249,470.2912

~~442~~3,~~917~~421,784.6837

6171,~~916~~046.2090

~~504~~3,~~833~~492,831.8827

~~850~~4,~~370~~742,301.1739

5249,~~758~~770,~~166~~168.1273

2-A1A

238,743,000.00

14,~~211~~474,~~333~~738.59

214,~~280~~103,~~056~~282.5760

3538,~~077~~882.6711

214,~~315~~142,~~134~~164.2471

318,~~526~~616,~~467~~903.8330

~~236~~224,~~427~~600,~~865~~835.7629

2-A1B

99,476,000.00

~~507~~1,~~483~~873,790.7319

~~943~~5,~~590~~869,224.1039

2123,~~046~~329.7443

~~964~~5,~~636~~892,553.8482

17,~~472~~766,~~120~~344.5701

9893,~~511~~583,~~363~~446.1618

2-A1C

59,686,000.00

~~313~~1,~~609~~155,039.1642

~~578~~3,~~785~~535,555.9899

~~0.00~~-

~~578~~3,~~785~~535,555.9899

~~892~~4,~~395~~690,595.1441

5956,~~107~~150,~~214~~444.0201

B-1

19,911,000.00

~~109~~410,~~596~~415.3301

67,~~646~~601.1724

~~116~~418,~~242~~016.5025

19,~~904~~903,~~353~~398.8376

B-2

15,735,000.00

90338,~~761~~616.8373

56,~~252~~007.2502

96344,~~014~~623.0875

15,~~729~~728,~~747~~992.7598

B-3

11,560,000.00

78289,~~398~~076.1399

34,~~858~~413.6516

82293,~~256~~490.7815

11,~~556~~555,~~141~~586.3584

B-4

9,313,000.00

66244,~~392~~007.3943

3,~~108~~555.6234

69247,~~501~~562.0177

9,309,~~891~~444.3866

B-5

3,211,000.00

2284,~~891~~130.2357

1,~~071~~225.8284

2385,~~963~~356.0541

3,209,~~928~~774.1816

B-6

3,853,000.00

27100,~~468~~951.0442

1,~~286~~470.1193

28102,~~754~~422.1535

3,851,~~713~~529.8907

B-7

3,211,288.18

2284,~~893~~138.2811

1,~~071~~225.9093

2385,~~965~~364.1704

3,210,~~216~~062.2825

X-1

~~705~~1,~~457~~944,874.6400

X-2

~~612~~1,~~679~~495,676.7702

42236,~~634~~160.6619

A-R

100.00

0.38

100.00

100.38

A-RII

16,720.56

62.97

11,883.25

4,837.31

16,720.56

16,783.53

PO-1

50.00

PO-2

50.00

393,068.39

393,118.39

Total

642,260,208.74

416,~~794~~327,~~401~~444.4299

535,~~405~~053,~~688~~129.3248

~~174~~202,~~770~~279.7468

535,~~580~~255,~~459~~409.0616

1051,~~374~~582,~~860~~854.4815

393,068.39

~~637~~607,~~072~~397,~~818~~867.0797

Interest Detail

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

Adjustments

Interest

(1)

(2)

(3)

(4)

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

(6)

(7)=(5)-(6)

1-A1A

34.~~72688~~46938%

~~124~~117,~~154~~822,~~687~~270.5182

~~398~~409,~~444~~571.4095

1-A1B

45.~~70688~~44938%

5350,~~208~~494,~~866~~988.3705

~~215~~214,~~663~~018.3429

2-A1A

34.~~68688~~42938%

~~238~~228,~~666~~512,~~595~~234.9557

~~757~~787,~~721~~241.8941

2-A1B

34.~~70688~~44938%

9995,~~444~~213,~~165~~191.0679

~~317~~329,~~429~~497.3152

2-A1C

34.~~81688~~55938%

5957,~~666~~128,~~898~~297.9193

~~196~~202,~~110~~587.6448

B-1

34.~~99688~~73938%

19,~~904~~903,~~878~~476.8941

6873,~~507~~367.7789

B-2

4.~~18688~~92938%

15,~~730~~729,~~162~~054.6935

5660,~~713~~304.0460

B-3

45.~~91688~~65938%

11,~~556~~555,~~446~~631.1992

4850,~~929~~864.7689

B-4

45.~~92864~~90938%

9,~~310~~309,~~136~~480.9798

3942,~~513~~788.1909

4142,~~423~~788.2009

B-5

45.~~92864~~90938%

3,~~210~~209,~~012~~786.8668

1314,~~623~~752.6377

14,~~282~~752.1877

B-6

45.~~92864~~90938%

3,851,~~815~~544.5010

1617,~~347~~702.5041

17,~~137~~702.7241

B-7

45.~~92864~~90938%

3,210,~~300~~074.9677

1314,~~624~~754.8510

14,~~283~~754.4610

X-1

0.75000%

~~553~~472,~~283~~987,~~228~~950.7925

~~345~~295,~~802~~617.0247

X-2

0.~~44388~~78649%

~~642~~616,~~308~~333,~~136~~200.2576

~~237~~403,~~591~~950.0664

~~233~~403,~~573~~951.6809

42115,~~634~~827.66

A-R

5.~~09292~~67943%

A-RII

5.~~09292~~67943%

PO-1

50.00

PO-2

393,118.39

Total

1,~~837~~705,~~899~~654,~~501~~351.2977

2,~~726~~917,~~022~~019.4051

23,~~768~~032,~~657~~847.0662

Page 3 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Collection Account Report for August 19, 2005 Distribution

Collection Account Report for December 19, 2005 Distribution

Collection Account Report

SUMMARY

GROUP 2

GROUP 1

TOTAL

Principal Collections

36,~~732~~519,~~721~~259.0830

12,~~502~~416,~~597~~073.1049

58,~~235~~935,~~318~~332.1879

Principal Withdrawals

0.00

Principal Other Accounts

0.00

TOTAL PRINCIPAL

36,~~732~~519,~~721~~259.0830

12,~~502~~416,~~597~~073.1049

58,~~235~~935,~~318~~332.1879

Interest Collections

12,~~901~~030,~~419~~012.2352

~~879~~925,~~514~~720.4119

2,~~780~~955,~~933~~732.6471

Interest Withdrawals

0.00

Interest Other Accounts

0.00

0115,827.0066

42115,~~634~~827.66

Yield Maintenance Payment

0.00

Interest Fees

(3426,~~929~~261.5745)

(1912,~~981~~451.6730)

(5438,~~911~~712.2575)

TOTAL INTEREST

12,~~866~~003,~~489~~751.6607

~~859~~1,~~532~~029,096.7455

23,~~768~~032,~~657~~847.0562

TOTAL AVAILABLE FUNDS TO BONDHOLDERS

58,~~599~~523,~~210~~010.7437

23,~~362~~445,~~129~~170.8404

811,~~003~~968,~~975~~180.2341

Interest Payable to Bondholders

12,~~866~~003,~~489~~751.6607

~~859~~1,~~532~~029,096.7455

23,~~726~~032,~~022~~847.3962

Principal Payment Amount Payable to Bondholders

36,~~732~~519,~~721~~259.0830

12,~~502~~416,~~597~~073.1049

58,~~235~~935,~~318~~332.1879

PRINCIPAL - COLLECTIONS

GROUP 2

GROUP 1

TOTAL

Scheduled Principal

142,~~475~~411.0360

~~2,478~~0.9200

162,~~953~~411.9560

Curtailments

(~~400~~54,~~663~~208.1814)

(~~197~~269,~~418~~303.4453)

(~~598~~323,~~081~~511.6267)

Prepayments in Full

46,~~118~~571,~~909~~055.2384

12,~~697~~685,~~536~~377.6202

59,~~816~~256,~~445~~432.8586

Repurchases/Substitutions

0.00

Liquidations

0.00

Insurance Principal

0.00

Other Additional Principal

0.00

LESS: Delinquent Principal

(102,~~831~~269.3585)

~~(350~~0.~~28)~~00

(112,~~181~~269.6385)

LESS: Realized Losses

0.00

PLUS: Recoveries

0.00

PLUS: Substitution Shortfall Principal

0.00

PLUS: Principal Loan Adjustments

0.00

PLUS: Principal Advanced

102,~~831~~269.3585

~~350~~0.2800

112,~~181~~269.6385

TOTAL PRINCIPAL

36,~~732~~519,~~721~~259.0830

12,~~502~~416,~~597~~073.1049

58,~~235~~935,~~318~~332.1879

Page 4 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Collection Account Report for August 19, 2005 Distribution

Collection Account Report for December 19, 2005 Distribution

Collection Account Report

PRINCIPAL - WITHDRAWALS

GROUP 2

GROUP 1

TOTAL

SPACE INTENTIONALLY LEFT BLANK

PRINCIPAL - OTHER ACCOUNTS

GROUP 2

GROUP 1

TOTAL

TOTAL PRINCIPAL OTHER ACCOUNTS

0.00

INTEREST - COLLECTIONS

GROUP 2

GROUP 1

TOTAL

Scheduled Interest

2,~~006~~138,~~753~~671.5770

~~922~~972,~~024~~904.0910

23,~~928~~111,~~777~~575.6680

Repurchases/Substitutions

0.00

Liquidations

0.00

Insurance Interest

0.00

Other Additional Interest

0.00

LESS: Prepayment Interest Shortfalls

(916,~~237~~184.7319)

(27,~~725~~831.9761)

(1124,~~963~~015.7080)

LESS: Delinquent Interest

(1,~~524~~743,~~245~~021.9089)

(~~637~~778,~~801~~612.9784)

(2,~~162~~521,~~047~~634.8773)

LESS: Interest Realized Losses

0.00

PLUS: Compensating Interest

916,~~237~~184.7319

27,~~725~~831.9761

1124,~~963~~015.7080

LESS: Civil Relief Act Shorfalls

0.00

PLUS: Substiution Shortfall Interest

0.00

PLUS: Interest Loan Adjustments

0.00

LESS: Excess, Special Hazard, Fraud, & Bankruptcy Interest Losses

0.00

Interest Advanced

1,~~418~~634,~~911~~362.5671

~~595~~731,~~292~~428.2993

2,~~014~~365,~~203~~791.8564

Shortfall reserve deposits

0.00

TOTAL INTEREST

12,~~901~~030,~~419~~012.2352

~~879~~925,~~514~~720.4119

2,~~780~~955,~~933~~732.6471

Page 5 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Collection Account Report for August 19, 2005 Distribution

Collection Account Report for December 19, 2005 Distribution

Collection Account Report

INTEREST - WITHDRAWALS

GROUP 2

GROUP 1

TOTAL

SPACE INTENTIONALLY LEFT BLANK

INTEREST - OTHER ACCOUNTS

GROUP 2

GROUP 1

TOTAL

Prepayment Penalties

0.00

115,827.66

42115,~~634~~827.66

TOTAL INTEREST OTHER ACCOUNTS

0.00

0115,827.0066

INTEREST - FEES

GROUP 2

GROUP 1

TOTAL

Current Servicing Fees

3324,~~522~~907.4997

1911,~~354~~853.7806

5236,~~877~~761.2703

Trustee Fees

1,~~407~~353.0848

~~626~~598.8924

21,~~033~~951.9872

PMI Fees

0.00

TOTAL INTEREST FEES

3426,~~929~~261.5745

1912,~~981~~451.6730

5438,~~911~~712.2575

Page 6 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Credit Enhancement Report for August 19, 2005 Distribution

Credit Enhancement Report for December 19, 2005 Distribution

Credit Enhancement Report

ACCOUNTS

GROUP 2

GROUP 1

TOTAL

Basis Risk Reserve Fund Beginning Balance

0.00

Required Reserve Fund Deposit

~~4,017~~0.3800

Carryover Shortfall Amount

~~4,017~~0.3800

Basis Risk Reserve Fund Ending Balance

0.00

INSURANCE

GROUP 2

GROUP 1

TOTAL

SPACE INTENTIONALLY LEFT BLANK

STRUCTURAL FEATURES

GROUP 2

GROUP 1

TOTAL

SPACE INTENTIONALLY LEFT BLANK

Page 7 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Collateral Report for August 19, 2005 Distribution

Collateral Report for December 19, 2005 Distribution

Collateral Report

COLLATERAL

GROUP 2

GROUP 1

TOTAL

Loan Count:

Original

790

763

1553

Prior

~~790~~753

~~762~~723

1,~~552~~476

Prefunding

Scheduled Paid Offs

Full Voluntary Prepayments

(713)

(711)

(1424)

Repurchases

Liquidations

Current

~~783~~740

~~755~~712

1,~~538~~452

Principal Balance:

Original

444,090,923.98

198,169,284.76

642,260,208.74

Prior

~~444~~427,~~341~~414,~~871~~886.6048

~~197~~188,~~966~~918,~~264~~314.6528

~~642~~616,~~308~~333,~~136~~200.2576

Prefunding

Scheduled Principal

(142,~~475~~411.0360)

~~(2,478.92)~~-

(162,~~953~~411.9560)

Partial and Full Voluntary Prepayments

(36,~~718~~516,~~246~~847.0570)

(12,~~500~~416,~~118~~073.1849)

(58,~~218~~932,~~364~~921.2319)

Repurchases

Liquidations

Current

~~440~~420,~~609~~895,~~150~~627.5218

~~196~~186,~~463~~502,~~667~~240.5579

~~637~~607,~~072~~397,~~818~~867.0797

PREFUNDING

GROUP 2

GROUP 1

TOTAL

SPACE INTENTIONALLY LEFT BLANK

Group 1

Group 2

Current Prin Balance by Groups (in millions of dollars)

Total Current Principal Balance (in millions of dollars)

Page 8 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Collateral Report for August 19, 2005 Distribution

Collateral Report for December 19, 2005 Distribution

Collateral Report

CHARACTERISTICS

GROUP 2

GROUP 1

TOTAL

Weighted Average Coupon Original

4.838871%

5.030874%

4.898114%

Weighted Average Coupon Prior

45.~~838871~~827464%

56.~~030874~~018630%

45.~~898114~~886296%

Weighted Average Coupon Current

56.~~419485~~004484%

56.~~588977~~179840%

56.~~471725~~058234%

Weighted Average Months to Maturity Original

373

Weighted Average Months to Maturity Prior

~~373~~368

Weighted Average Months to Maturity Current

~~372~~367

Weighted Avg Remaining Amortization Term Original

372

Weighted Avg Remaining Amortization Term Prior

~~372~~368

Weighted Avg Remaining Amortization Term Current

~~371~~367

Weighted Average Seasoning Original

2.42

2.51

2.45

Weighted Average Seasoning Prior

26.4243

26.51

26.45

Weighted Average Seasoning Current

37.4243

37.51

37.45

Note: Original information refers to deal issue.

Group 1

Group 2

WAC by Groups

Total WAC

WARAT by Groups

Total WARAT

Note: Dates correspond to distribution dates.

Page 9 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Collateral Report for August 19, 2005 Distribution

Collateral Report for December 19, 2005 Distribution

Collateral Report

ARM CHARACTERISTICS

GROUP 2

GROUP 1

TOTAL

Weighted Average Margin Original

2.821%

2.998%

Weighted Average Margin Prior

2.~~821~~819%

2.~~998~~993%

Weighted Average Margin Current

2.~~822~~820%

2.~~998~~992%

Weighted Average Max Rate Original

10.745%

10.617%

Weighted Average Max Rate Prior

10.~~745~~739%

10.~~617~~608%

Weighted Average Max Rate Current

10.~~746~~742%

10.~~619~~612%

Weighted Average Min Rate Original

3.029%

3.008%

Weighted Average Min Rate Prior

3.~~029~~030%

3.~~008~~003%

Weighted Average Min Rate Current

3.~~029~~031%

3.~~008~~002%

Weighted Average Cap Up Original

Weighted Average Cap Up Prior

Weighted Average Cap Up Current

Weighted Average Cap Down Original

Weighted Average Cap Down Prior

Weighted Average Cap Down Current

Note: Original information refers to deal issue.

SERVICING FEES / ADVANCES

GROUP 2

GROUP 1

TOTAL

Current Servicing Fees

3324,~~522~~907.4997

1911,~~354~~853.7806

5236,~~877~~761.2703

Delinquent Servicing Fees

~~105~~108,~~334~~659.3518

4247,~~509~~183.6891

~~147~~155,~~844~~843.0309

TOTAL SERVICING FEES

~~138~~133,~~856~~567.8415

6159,~~864~~036.4697

~~200~~192,~~721~~604.3012

Total Servicing Fees

~~138~~133,~~856~~567.8415

6159,~~864~~036.4697

~~200~~192,~~721~~604.3012

Compensating Interest

(916,~~237~~184.7319)

(27,~~725~~831.9761)

(1124,~~963~~015.7080)

Delinquent Servicing Fees

(~~105~~108,~~334~~659.3518)

(4247,~~509~~183.6891)

(~~147~~155,~~844~~843.0309)

COLLECTED SERVICING FEES

248,~~284~~723.7678

164,~~628~~021.8145

4012,~~913~~745.5723

Total Advanced Principal For Current Payment Date

102,~~831~~269.3585

~~350~~0.2800

112,~~181~~269.6385

Total Advanced Interest For Current Payment Date

1,~~418~~634,~~911~~362.5671

~~595~~731,~~292~~428.2993

2,~~014~~365,~~203~~791.8564

TOTAL ADVANCES FOR CURRENT PERIOD

1,~~429~~636,~~742~~632.9156

~~595~~731,~~642~~428.5793

2,~~025~~368,~~385~~061.4849

ADDITIONAL COLLATERAL INFORMATION

GROUP 2

GROUP 1

TOTAL

Prepayment Interest Shortfall (PPIS)

916,~~237~~184.7319

27,~~725~~831.9761

1124,~~963~~015.7080

Compensating Interest

(916,~~237~~184.7319)

(27,~~725~~831.9761)

(1124,~~963~~015.7080)

Net Prepayment Interest Shortfall (Net PPIS)

0.00

Weighted Average Net Mortgage Rate

5.~~040685~~625684%

5.~~210177~~801040%

5.~~092925~~679434%

Current Deferred Interest

~~560~~747,~~116~~080.0368

~~284~~361,~~581~~481.9697

~~844~~1,~~697~~108,562.9965

Cumulative Deferred Interest

13,~~019~~711,~~436~~707.8106

~~526~~1,~~944~~843,544.8949

15,~~546~~555,~~381~~251.7055

Net Deferred Interest

0.00

Cumulative Net Deferred Interest

(393,068.39)

0.00

(393,068.39)

Page 10 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Delinquency Report for August 19, 2005 Distribution

Delinquency Report for December 19, 2005 Distribution

Delinquency Report - Total

<1 PAYMENT

1 PAYMENT

2 PAYMENTS

3+ PAYMENTS

TOTAL

DELINQUENT

Balance

###########

-453,449.72

-655,993.31

-518,405.24

-1,627,848.27

% Balance

7481.3489%

0.0007%

0.0011%

0.0009%

0.0027%

# Loans

1,~~106~~189

-1

-3

% # Loans

7181.9189%

0.0007%

0.0021%

FORECLOSURE

Balance

% Balance

0.00%

# Loans

% # Loans

0.00%

BANKRUPTCY

Balance

-425,789.64

% Balance

0.0007%

0.00%

0.0007%

# Loans

-1

% # Loans

0.0007%

0.00%

0.0007%

REO

Balance

% Balance

0.00%

# Loans

% # Loans

0.00%

TOTAL

Balance

-425,789.64

-453,449.72

-655,993.31

-518,405.24

-2,053,637.91

% Balance

0.0007%

0.0011%

0.0009%

0.0034%

# Loans

-1

-4

% # Loans

0.0007%

0.0028%

Note: <1 Payment = 1-30days, 1 Payment = 31-60days, 2 Payments = 61-90days, 3+ Payments = 91+

6 Months Moving Average

1 or 2 Payments Delinquent

3 or More Payments Delinquent

Total Foreclosure

Total Bankruptcy and REO

Note: Dates correspond to distribution dates.

Page 11 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Delinquency Report for August 19, 2005 Distribution

Delinquency Report for December 19, 2005 Distribution

Delinquency Report - Group 1 Group

<1 PAYMENT

1 PAYMENT

2 PAYMENTS

3+ PAYMENTS

TOTAL

DELINQUENT

Balance

###########

% Balance

6981.3209%

0.00%

# Loans

~~515~~574

% # Loans

6880.2162%

0.00%

FORECLOSURE

Balance

% Balance

0.00%

# Loans

% # Loans

0.00%

BANKRUPTCY

Balance

% Balance

0.00%

# Loans

% # Loans

0.00%

REO

Balance

% Balance

0.00%

# Loans

% # Loans

0.00%

TOTAL

Balance

% Balance

0.00%

# Loans

% # Loans

0.00%

Note: <1 Payment = 1-30days, 1 Payment = 31-60days, 2 Payments = 61-90days, 3+ Payments = 91+

6 Months Moving Average

1 or 2 Payments Delinquent

3 or More Payments Delinquent

Total Foreclosure

Total Bankruptcy and REO

Note: Dates correspond to distribution dates.

Page 12 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Delinquency Report for August 19, 2005 Distribution

Delinquency Report for December 19, 2005 Distribution

Delinquency Report - Group 2 Group

<1 PAYMENT

1 PAYMENT

2 PAYMENTS

3+ PAYMENTS

TOTAL

DELINQUENT

Balance

###########

-453,449.72

-655,993.31

-518,405.24

-1,627,848.27

% Balance

7682.5724%

0.0011%

0.0016%

0.0012%

0.0039%

# Loans

~~591~~615

-1

-3

% # Loans

7583.4811%

0.0014%

0.0041%

FORECLOSURE

Balance

% Balance

0.00%

# Loans

% # Loans

0.00%

BANKRUPTCY

Balance

-425,789.64

% Balance

0.0010%

0.00%

0.0010%

# Loans

-1

% # Loans

0.0014%

0.00%

0.0014%

REO

Balance

% Balance

0.00%

# Loans

% # Loans

0.00%

TOTAL

Balance

-425,789.64

-453,449.72

-655,993.31

-518,405.24

-2,053,637.91

% Balance

0.0010%

0.0011%

0.0016%

0.0012%

0.0049%

# Loans

-1

-4

% # Loans

0.0014%

0.0054%

Note: <1 Payment = 1-30days, 1 Payment = 31-60days, 2 Payments = 61-90days, 3+ Payments = 91+

6 Months Moving Average

1 or 2 Payments Delinquent

3 or More Payments Delinquent

Total Foreclosure

Total Bankruptcy and REO

Note: Dates correspond to distribution dates.

Page 13 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

REO Report for August 19, 2005 Distribution

REO Report for December 19, 2005 Distribution

REO Report - Mortgage Loans that Become REO During Current Distribution

SUMMARY

LOAN GROUP

Total Loan Count = 0

Loan Group 1 = Group 1; REO Book Value = 000.00

Total Original Principal Balance = 000.00

Loan Group 2 = Group 2; REO Book Value = 000.00

Total Current Balance = 000.00

REO Book Value = 000.00

REO Book Value reported corresponds to total REO loans, including loans that become REO during current distribution.

Loan Number

Original

Stated

Current

State &

Principal

Paid to

Note

LTV at

Original

Origination

Loan Group

Balance

Date

Rate

Origination

Term

Date

SPACE INTENTIONALLY LEFT BLANK

Page 14 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Foreclosure Report for August 19, 2005 Distribution

Foreclosure Report for December 19, 2005 Distribution

Foreclosure Report - Mortgage Loans that Become Foreclosure During Current Distribution

SUMMARY

LOAN GROUP

Total Loan Count = 0

Loan Group 1 = Group 1

Total Original Principal Balance = 000.00

Loan Group 2 = Group 2

Total Current Balance = 000.00

Loan Number

Original

Stated

Current

State &

Principal

Paid to

Note

LTV at

Original

Origination

Loan Group

Balance

Date

Rate

Origination

Term

Date

SPACE INTENTIONALLY LEFT BLANK

Page 15 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Prepayment Report for August 19, 2005 Distribution

Prepayment Report for December 19, 2005 Distribution

Prepayment Report - Voluntary Prepayments

VOLUNTARY PREPAYMENTS

GROUP 2

GROUP 1

TOTAL

Current

Number of Paid in Full Loans

713

711

1424

Number of Repurchased Loans

Total Number of Loans Prepaid in Full

713

711

1424

Paid in Full Balance

46,~~118~~571,~~909~~055.2384

12,~~697~~685,~~536~~377.6202

59,~~816~~256,~~445~~432.8586

Repurchased Loans Balance

Curtailments Amount

(~~400~~54,~~663~~208.1814)

(~~197~~269,~~418~~303.4453)

(~~598~~323,~~081~~511.6267)

Total Prepayment Amount

36,~~718~~516,~~246~~847.0570

12,~~500~~416,~~118~~073.1849

58,~~218~~932,~~364~~921.2319

Cumulative

Number of Paid in Full Loans

750

851

15101

Number of Repurchased Loans

Total Number of Loans Prepaid in Full

750

851

15101

Paid in Full Balance

424,~~118~~953,~~909~~971.2339

112,~~996~~859,~~188~~822.4383

637,~~115~~813,~~097~~794.6622

Repurchased Loans Balance

Curtailments Amount

(~~793~~1,~~731~~932,294.5711)

(~~348~~1,~~374~~264,271.7859)

(13,~~142~~196,~~106~~565.3570)

Total Prepayment Amount

323,~~325~~021,~~177~~677.6628

111,~~647~~595,~~813~~551.6524

434,~~972~~617,~~991~~228.3152

SPACE INTENTIONALLY LEFT BLANK

Total Prepayments by Groups (in thousands of dollars)

Total Prepayments (in thousands of dollars)

Page 16 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Prepayment Report for August 19, 2005 Distribution

Prepayment Report for December 19, 2005 Distribution

Prepayment Report - Voluntary Prepayments

VOLUNTARY PREPAYMENT RATES

GROUP 2

GROUP 1

TOTAL

SMM

01.8452%

01.7628%

01.8145%

3 Months Avg SMM

1.17%

1.31%

1.22%

12 Months Avg SMM

Avg SMM Since Cut-off

0.4290%

01.4200%

0.4193%

CPR

916.5984%

814.7231%

916.3307%

3 Months Avg CPR

13.19%

14.67%

13.65%

12 Months Avg CPR

Avg CPR Since Cut-off

410.9226%

411.8936%

410.7856%

PSA

~~1402~~1133.2938%

~~1240~~952.9868%

~~1351~~1078.7405%

3 Months Avg PSA Approximation

1025.97%

1126.34%

1057.34%

12 Months Avg PSA Approximation

Avg PSA Since Cut-off Approximation

~~841~~1042.8806%

~~810~~1133.7126%

~~809~~1066.8148%

Group 1

Group 2

CPR by Groups

Total CPR

PSA by Groups

Total PSA

Page 17 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Prepayment Report for August 19, 2005 Distribution

Prepayment Report for December 19, 2005 Distribution

Prepayment Report - Voluntary Prepayments

Group 1

Group 2

CPR Avg since Cut-Off by Groups

Total CPR Avg since Cut-Off

PSA Avg since Cut-Off by Groups

Total PSA Avg since Cut-Off

PREPAYMENT CALCULATION METHODOLOGY

Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases)/(Beg Principal Balance - Sched Principal)

Conditional Prepayment Rate (CPR): 1-((1-SMM)^12)

PSA Standard Prepayment Model: CPR/(0.02*min(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)

Average CPR over period between the nth month and mth month (AvgCPRn,m): 1-((1-AvgSMMn,m)^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)

Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments and repurchases.

Dates correspond to distribution dates.

Page 18 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Prepayment Detail Report for August 19, 2005 Distribution

Prepayment Detail Report for December 19, 2005 Distribution

Prepayment Detail Report - Loans Prepaid in Full During Current Distribution

SUMMARY

LOAN GROUP

Total Loan Count = 14

Loan Group 1 = Group 1

Total Loan Count = 24

Loan Group 1 = Group 1

Total Original Principal Balance = 5,825,650.00

Loan Group 2 = Group 2

Total Original Principal Balance = 9,225,250.00

Loan Group 2 = Group 2

Total Prepayment Amount = 5,816,445.85

Total Prepayment Amount = 9,256,432.86

Loan Number

Original

Current

State &

Type Prepayment

Loan

Principal

Prepayment

Note

LTV at

Origination

Loan Group

Status

Balance

Amount

Date

Rate

Origination

Original Term

Date

359134167 1

350,000.00

348,729.37

Jul-26-05

5.375%

CA - 72.92%

Paid Off - 360

Mar-17-05

359117706 1

332,000.00

331,984.76

Nov-22-05

5.875%

CA - 69.17%

Paid Off - 360

Mar-11-05

359134192 1

236,000.00

235,143.24

Jul-11-05

5.375%

CA - 80.00%

Paid Off - 360

Mar-10-05

359134277 1

180,000.00

179,708.43

Nov-17-05

6.250%

CA - 80.00%

Paid Off - 360

Mar-07-05

359136227 1

237,600.00

237,331.27

Jul-26-05

5.500%

CA - 80.00%

Paid Off - 360

Apr-19-05

359134926 1

292,000.00

293,928.94

Nov-07-05

6.375%

CA - 77.87%

Paid Off - 360

Mar-21-05

359137530 1

247,200.00

247,039.69

Jul-22-05

6.125%

CA - 80.00%

Paid Off - 360

Apr-11-05

359137243 1

208,000.00

208,509.63

Nov-04-05

6.013%

CA - 68.20%

Paid Off - 360

Feb-01-05

359137911 1

275,000.00

274,568.21

Jul-07-05

5.000%

CA - 55.00%

Paid Off - 360

May-02-05

359137537 1

229,500.00

231,613.95

Nov-01-05

6.875%

CA - 75.00%

Paid Off - 480

Apr-12-05

359138306 1

169,900.00

169,796.12

Jul-21-05

6.125%

AZ - 79.96%

Paid Off - 360

Mar-17-05

359137999 1

284,000.00

285,420.36

Nov-07-05

5.813%

CA - 80.00%

Paid Off - 360

Mar-15-05

359138330 1

185,000.00

184,928.72

Jul-25-05

6.500%

CA - 64.46%

Paid Off - 360

Apr-17-05

359138048 1

273,750.00

274,895.60

Nov-21-05

6.363%

CA - 75.00%

Paid Off - 360

Mar-24-05

359134201 2

432,000.00

428,908.98

Jul-11-05

5.500%

CA - 80.00%

Paid Off - 360

Mar-25-05

359138077 1

120,000.00

120,130.20

Nov-22-05

6.250%

AZ - 80.00%

Paid Off - 360

Apr-20-05

359134584 2

575,000.00

575,624.24

Jul-21-05

5.750%

CA - 67.65%

Paid Off - 360

Feb-28-05

359138139 1

221,600.00

221,892.27

Nov-17-05

6.500%

WA - 80.00%

Paid Off - 360

Apr-26-05

359136266 2

440,000.00

439,502.39

Jul-14-05

5.500%

CA - 80.00%

Paid Off - 360

Apr-20-05

359138145 1

292,000.00

293,832.57

Nov-10-05

6.500%

CA - 80.00%

Paid Off - 360

Apr-21-05

359137336 2

650,000.00

649,578.49

Jul-07-05

6.125%

CA - 66.33%

Paid Off - 360

Apr-06-05

359138162 1

242,000.00

243,460.31

Nov-21-05

6.375%

CA - 35.07%

Paid Off - 360

Apr-21-05

359137521 2

679,200.00

678,790.55

Jul-25-05

5.125%

CA - 80.00%

Paid Off - 360

Mar-29-05

359117726 2

630,000.00

624,034.29

Nov-10-05

5.750%

CA - 75.90%

Paid Off - 360

Mar-15-05

359138107 2

843,750.00

842,708.04

Jul-06-05

5.375%

CA - 75.00%

Paid Off - 360

Apr-07-05

359134197 2

375,000.00

375,952.67

Nov-01-05

6.000%

CA - 66.96%

Paid Off - 360

Mar-24-05

359138167 2

505,000.00

503,796.54

Jul-29-05

5.375%

CA - 56.11%

Paid Off - 360

Apr-27-05

359134198 2

582,400.00

583,634.69

Nov-22-05

6.000%

CA - 80.00%

Paid Off - 360

Mar-22-05

359134876 2

405,000.00

405,817.27

Nov-01-05

5.813%

CA - 75.00%

Paid Off - 360

Mar-31-05

359134931 2

444,000.00

446,024.85

Nov-18-05

6.000%

CA - 64.35%

Paid Off - 360

Apr-05-05

359135011 2

305,000.00

305,939.25

Nov-04-05

6.000%

MA - 89.18%

Paid Off - 360

Mar-30-05

359137162 2

368,000.00

369,390.04

Nov-22-05

6.625%

CA - 80.00%

Paid Off - 360

Mar-25-05

359137487 2

557,000.00

563,910.73

Nov-16-05

6.875%

CA - 64.77%

Paid Off - 480

Mar-25-05

359137798 2

650,000.00

653,016.90

Nov-09-05

5.375%

CA - 78.50%

Paid Off - 360

Jul-16-05

359137936 2

430,000.00

432,075.87

Nov-30-05

6.013%

CA - 74.14%

Paid Off - 360

Apr-05-05

359138011 2

360,000.00

361,436.26

Nov-09-05

5.613%

CA - 80.00%

Paid Off - 360

Mar-17-05

359138143 2

1,000,000.00

1,005,739.62

Nov-23-05

6.250%

CA - 69.90%

Paid Off - 360

Apr-25-05

359138237 2

444,000.00

444,083.40

Nov-17-05

6.000%

CA - 80.00%

Paid Off - 360

May-12-05

Page 19 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Realized Loss Report for August 19, 2005 Distribution

Realized Loss Report for December 19, 2005 Distribution

Realized Loss Report - Collateral

COLLATERAL REALIZED LOSSES

GROUP 2

GROUP 1

TOTAL

Current

Number of Loans Liquidated

Collateral Realized Loss/(Gain) Amount

Net Liquidation Proceeds

Cumulative

Number of Loans Liquidated

Collateral Realized Loss/(Gain) Amount

Net Liquidation Proceeds

Note: Collateral Realized Loss Amount may include adjustments to loans liquidated in prior periods.

Current Realized Losses

0.00

Supplemental Losses (Recoveries)

0.00

Current Net Realized Losses (Recoveries)

0.00

Prior Cumulative Realized Loss

0.00

Current Net Realized Loss (Recoveries)

0.00

Current Cumulative Realized Loss

0.00

Class B-1 Write Down Amount

0.00

Class B-2 Write Down Amount

0.00

Class B-3 Write Down Amount

0.00

Class B-4 Write Down Amount

0.00

Class B-5 Write Down Amount

0.00

Class B-6 Write Down Amount

0.00

Class B-7 Write Down Amount

0.00

Group 1

3 Months Moving Average

Group 2

Collateral Loss Severity Approximation by Groups

Collateral Loss Severity Approximation

Page 20 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Realized Loss Report for August 19, 2005 Distribution

Realized Loss Report for December 19, 2005 Distribution

Realized Loss Report - Collateral

DEFAULT SPEEDS

GROUP 2

GROUP 1

TOTAL

MDR

0.00%

3 Months Avg MDR

0.00%

12 Months Avg MDR

Avg MDR Since Cut-off

0.00%

CDR

0.00%

3 Months Avg CDR

0.00%

12 Months Avg CDR

Avg CDR Since Cut-off

0.00%

SDA

0.00%

3 Months Avg SDA Approximation

0.00%

12 Months Avg SDA Approximation

Avg SDA Since Cut-off Approximation

0.00%

Loss Severity Approximation for Current Period

3 Months Avg Loss Severity Approximation

12 Months Avg Loss Severity Approximation

Avg Loss Severity Approximation Since Cut-off

Group 1

Group 2

CDR by Groups

Total CDR

SDA by Groups

Total SDA

Page 21 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Realized Loss Report for August 19, 2005 Distribution

Realized Loss Report for December 19, 2005 Distribution

Realized Loss Report - Collateral

Group 1

Group 2

CDR Avg since Cut-Off by Groups

Total CDR Avg since Cut-Off

SDA Avg since Cut-Off by Groups

Total SDA Avg since Cut-Off

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 22 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Realized Loss Detail Report for August 19, 2005 Distribution

Realized Loss Detail Report for December 19, 2005 Distribution

Realized Loss Detail Report - Loans Liquidated During Current Distribution

SUMMARY

LOAN GROUP

Total Loan Count Current Losses = 0

Total Loan Count Revisions = 0

Loan Group 1 = Group 1

Total Prior Principal Balance = 0.00

Loan Group 2 = Group 2

Total Current Realized Loss Amount = 0.00

Total Revisions Amount = 0.00

Total Realized Loss Amount = 0.00

Total Net Liquidation Proceeds = 0.00

Note: Total Realized Loss Amount may include adjustments to loans liquidated in prior periods.

Loan Number

Current

State &

Prior

Realized

Cumulative

Loan

Note

LTV at

Original

Principal

Loss/(Gain)

Realized

Loan Group

Status

Rate

Origination

Term

Balance

Revisions

Loss/(Gain)

SPACE INTENTIONALLY LEFT BLANK

Page 23 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Triggers, Adj. Rate Cert. and Miscellaneous Report for August 19, 2005 Distribution

Triggers, Adj. Rate Cert. and Miscellaneous Report for December 19, 2005 Distribution

Triggers, Adj. Rate Cert. and Miscellaneous Report

TRIGGER EVENTS

GROUP 2

GROUP 1

TOTAL

Has the Optional Termination Date been reached?

Have the Sr. Prepay Step Down Cond been satisfied?

Has the Sr. Credit Supp. Depletion Date been reached?

ADJUSTABLE RATE CERTIFICATE INFORMATION

GROUP 2

GROUP 1

TOTAL

SPACE INTENTIONALLY LEFT BLANK

ADDITIONAL INFORMATION

GROUP 2

GROUP 1

TOTAL

Current Senior Percentage

89.~~609106~~198307%

8990.~~620187~~560474%

89.~~604093~~166728%

Next Senior Percentage

11.~~973921~~824830%

62.~~659460~~267907%

96.~~864578~~711549%

Current Subordinate Percentage

10.~~390894~~801693%

109.~~379813~~439526%

10.~~395907~~833272%

Next Subordinate Percentage

88.~~026079~~175170%

37.~~340540~~732093%

3.~~135422~~288451%

Current Senior Prepayment Percentage

100.000000%

Next Projected Senior Prepayment Percentage

100.000000%

Current Subordinated Prepayment Percentage

0.000000%

Next Projected Subordinated Prepayment Percentage

0.000000%

Page 24 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Other Related Information for August 19, 2005 Distribution

Other Related Information for December 19, 2005 Distribution

Other Related Information

ADDITIONAL INFORMATION

GROUP 2

GROUP 1

TOTAL

Scheduled principal

1 Month Prior

162,~~953~~411.9560

2 Months Prior

~~197~~3,~~445~~461.4198

3 Months Prior

05,773.0055

4 Months Prior

019,065.0076

5 Months Prior

016,953.0095

6 Months Prior

0197,445.0041

7 Months Prior

0.00

8 Months Prior

0.00

9 Months Prior

0.00

10 Months Prior

0.00

11 Months Prior

0.00

12 Months Prior

0.00

Scheduled Principal on 60+ Day Delinquent Loans

1 Month Prior

0.00

2 Months Prior

0.00

3 Months Prior

0.00

4 Months Prior

0.00

5 Months Prior

0.00

6 Months Prior

0.00

7 Months Prior

0.00

8 Months Prior

0.00

9 Months Prior

0.00

10 Months Prior

0.00

11 Months Prior

0.00

12 Months Prior

0.00

PO-1A Component Ending Balance

25.00

PO-1B Component Ending Balance

25.00

PO-2A Component Ending Balance

25.00

PO-2B Compoment Ending Balance

393,093.39

Current Libor

34.~~416880~~159380%

Page 25 of 26

HarborView Mortgage Loan Trust 2005-5

Mortgage Pass-Through Certificates

Series 2005-5

Additional Certificate Report for August 19, 2005 Distribution

Additional Certificate Report for December 19, 2005 Distribution

Additional Certificate Report

CLASS

Interest Carryforward Amount Due

Interest Carryforward Amount Paid

Interest Carryforward Shortfall Amount

1-A1A

0.00

1-A1B

0.00

2-A1A

0.00

2-A1B

0.00

2-A1C

0.00

B-1

0.00

B-2

0.00

B-3

0.00

B-4

~~1,910~~0.0100

0.00

B-5

~~658~~0.5500

0.00

B-6

~~790~~0.2200

0.00

B-7

~~658~~0.6100

0.00

Page 26 of 26

Filing Compare · HarborView Mortgage Loan Trust 2005-5