8-K 1 dal05001_10506.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 27, 2005 DEUTSCHE ALT-A SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2005-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-100676-05 Pooling and Servicing Agreement) (Commission 54-2167998 (State or other File Number) 54-2167999 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, Maryland 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (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 under the Exchange Act (17 CFR 240.14a-12) [ ] 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 On June 27, 2005 a distribution was made to holders of DEUTSCHE ALT-A SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2005-1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-1 Trust, relating to the June 27, 2005 distribution. 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 ALT-A SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2005-1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 6/28/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-1 Trust, relating to the June 27, 2005 distribution. EX-99.1

DEUTSCHE ALT-A SECURITIES INC Mortgage Pass-Through Certificates Record Date: 45/2931/2005 Distribution Date: 56/2527/2005 DEUTSCHE ALT-A SECURITIES INC Mortgage Pass-Through Certificates Series 2005-1 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest ~~Principal~~ Class CUSIP Description Rate Balance Distribution ~~Distribution~~ I-A-1 251510CV3 SEN 3.~~52000~~59000% ~~345~~337,~~592~~283,~~229~~817.9838 1,~~013~~009,~~737~~040.2175 ~~8,308,412.60~~ I-A-2 251510CW1 SEN 2.~~21996~~11849% 0.00 1,~~365~~304,~~577~~835.1470 ~~0.00~~ I-A-3 251510DF7 SEN 3.~~52000~~59000% ~~314~~306,~~542~~980,~~327~~387.1392 ~~922~~918,~~657~~382.4999 ~~7,561,939.21~~ I-A-4 251510DG5 SEN 3.~~52000~~59000% 12,~~581~~279,~~693~~215.0952 36,~~906~~735.3032 ~~302,477.57~~ II-A-1 251510CX9 SEN 5.~~82989~~82146% 8382,~~890~~569,~~229~~394.~~30 407,559.~~15 1400,~~320,835~~562.1500 M 251510CY7 SEN 5.75000% 22,~~254~~225,~~566~~165.1720 106,~~636~~495.4658 ~~29,400.97~~ B-1 251510CZ4 SUB 5.75000% 10,~~077~~064,~~623~~310.9722 48,~~288~~224.6182 ~~13,313.76~~ B-2 251510DA8 SUB 5.75000% 5,~~878~~870,~~589~~822.0876 28,~~168~~131.2403 ~~7,766.33~~ B-3 251510DB6 SUB 5.75000% 3,~~359~~354,~~207~~770.9907 16,~~096~~074.2094 ~~4,437.92~~ B-4 251510DC4 SUB 5.75000% 2,~~939~~935,~~244~~361.7364 14,~~083~~065.8827 ~~3,883.10~~ B-5 251510DD2 SUB 5.75000% 5,~~878~~871,~~771~~005.7721 28,~~169~~131.1190 ~~7,766.57~~ R 251510DE0 SEN 5.~~82237~~81310% 0.00 0.00 ~~0.00~~ Totals ~~806~~789,~~994~~434,~~483~~250.2107 3,~~987~~910,~~879~~680.~~79 17,560,233.18~~30

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses I-A-1 7,299,147.60 0.00 ~~337~~329,~~283~~984,~~817~~669.3878 98,~~322~~308,~~149~~188.8135 0.00 I-A-2 0.00 0.00 0.00 1,~~365~~304,~~577~~835.1470 0.00 I-A-3 6,643,352.11 0.00 ~~306~~300,~~980~~337,~~387~~035.9281 87,~~484~~561,~~596~~735.7010 0.00 I-A-4 265,734.08 0.00 12,~~279~~013,~~215~~481.5244 ~~339~~302,~~383~~469.8740 0.00 II-A-1 1,052,483.95 0.00 8281,~~569~~516,~~394~~910.1520 1,~~728~~453,~~394~~045.3095 0.00 M 29,690.71 0.00 22,~~225~~195,~~165~~474.2049 136,~~037~~186.4329 0.00 B-1 13,444.96 0.00 10,~~064~~050,~~310~~865.2226 61,~~602~~669.3778 0.00 B-2 7,842.86 0.00 5,~~870~~862,~~822~~979.7690 35,~~934~~973.5789 0.00 B-3 4,481.65 0.00 3,~~354~~350,~~770~~288.0742 20,~~534~~556.1259 0.00 B-4 3,921.36 0.00 2,~~935~~931,~~361~~440.6428 17,~~966~~986.9863 0.00 B-5 06,667.11 1,176.00 5,~~871~~863,~~005~~162.2110 3534,~~935~~799.6801 01,176.00 R 0.00 0.00 0.00 0.00 0.00 Totals 015,326,766.39 1,176.00 ~~789~~774,~~434~~106,~~250~~307.0768 2119,~~548~~237,~~112~~446.9769 01,176.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) I-A-1 362,575,800.00 ~~345~~337,~~592~~283,~~229~~817.9838 ~~370~~366,~~906~~090.3686 76,~~937~~933,~~506~~056.2474 0.00 0.00 I-A-2 0.00 0.00 0.00 0.00 0.00 0.00 I-A-3 330,000,000.00 ~~314~~306,~~542~~980,~~327~~387.1392 ~~337~~333,~~582~~199.1025 76,~~224~~310,~~357~~152.1187 0.00 0.00 I-A-4 13,200,000.00 12,~~581~~279,~~693~~215.0952 13,~~503~~327.2897 ~~288~~252,~~974~~406.2811 0.00 0.00 II-A-1 86,711,600.00 8382,~~890~~569,~~229~~394.3015 ~~281~~280,~~213~~169.2627 1772,~~039,621~~314.8968 0.00 0.00 M 22,341,300.00 22,~~254~~225,~~566~~165.1720 29,~~400~~690.9771 0.00 0.00 0.00 B-1 10,116,900.00 10,~~077~~064,~~623~~310.9722 13,~~313~~444.7696 0.00 0.00 0.00 B-2 5,901,500.00 5,~~878~~870,~~589~~822.0876 7,~~766~~842.3386 0.00 0.00 0.00 B-3 3,372,300.00 3,~~359~~354,~~207~~770.9907 4,~~437~~481.9265 0.00 0.00 0.00 B-4 2,950,700.00 2,~~939~~935,~~244~~361.7364 3,~~883~~921.1036 0.00 0.00 0.00 B-5 5,901,682.53 5,~~878~~871,~~771~~005.7721 76,~~766~~667.5711 0.00 0.00 01,176.00 R 100.00 0.00 0.00 0.00 0.00 0.00 Totals 843,071,882.53 ~~806~~789,~~994~~434,~~483~~250.2107 1,~~069~~058,~~773~~836.6500 1614,~~490~~267,~~459~~930.5240 0.00 01,176.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution I-A-1 87,~~308~~299,~~412~~147.60 ~~337~~329,~~283~~984,~~817~~669.3878 0.~~93024360~~91011223 87,~~308~~299,~~412~~147.60 I-A-2 0.00 0.00 0.00000000 0.00 I-A-3 76,~~561~~643,~~939~~352.2111 ~~306~~300,~~980~~337,~~387~~035.9281 0.~~93024360~~91011223 76,~~561~~643,~~939~~352.2111 I-A-4 ~~302~~265,~~477~~734.5708 12,~~279~~013,~~215~~481.5244 0.~~93024360~~91011223 ~~302~~265,~~477~~734.5708 II-A-1 1,~~320~~052,~~835~~483.1595 8281,~~569~~516,~~394~~910.1520 0.~~95223008~~94009233 1,~~320~~052,~~835~~483.1595 M 29,~~400~~690.9771 22,~~225~~195,~~165~~474.2049 0.~~99480179~~99347283 29,~~400~~690.9771 B-1 13,~~313~~444.7696 10,~~064~~050,~~310~~865.2226 0.~~99480179~~99347283 13,~~313~~444.7696 B-2 7,~~766~~842.3386 5,~~870~~862,~~822~~979.7690 0.~~99480179~~99347283 7,~~766~~842.3386 B-3 4,~~437~~481.9265 3,~~354~~350,~~770~~288.0742 0.~~99480179~~99347283 4,~~437~~481.9265 B-4 3,~~883~~921.1036 2,~~935~~931,~~361~~440.6428 0.~~99480179~~99347283 3,~~883~~921.1036 B-5 7,~~766~~843.5711 5,~~871~~863,~~005~~162.2110 0.~~99480194~~99347297 76,~~766~~667.5711 R 0.00 0.00 0.00000000 0.00 Totals 1715,~~560~~327,~~233~~942.1839 ~~789~~774,~~434~~106,~~250~~307.0768 0.~~93637834~~91819728 1715,~~560~~326,~~233~~766.1839

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 362,575,800.00 ~~953~~930.~~15856706~~24359977 1.~~02297605~~00969469 2119.~~89199125~~12167536 0.00000000 I-A-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 330,000,000.00 ~~953~~930.~~15856706~~24359976 1.~~02297606~~00969470 2119.~~89199124~~12167536 0.00000000 I-A-4 13,200,000.00 ~~953~~930.~~15856742~~24360000 1.~~02297576~~00969470 2119.~~89199091~~12167500 0.00000000 II-A-1 86,711,600.00 ~~967~~952.~~46259209~~23008398 3.~~24308697~~23104717 118.~~98942114~~90670545 0.00000000 M 22,341,300.00 ~~996~~994.~~11778052~~80178862 1.~~31599191~~32896071 0.00000000 0.00000000 B-1 10,116,900.00 ~~996~~994.~~11778015~~80178909 1.~~31599205~~32896045 0.00000000 0.00000000 B-2 5,901,500.00 ~~996~~994.~~11778023~~80178938 1.~~31599254~~32896043 0.00000000 0.00000000 B-3 3,372,300.00 ~~996~~994.~~11778015~~80178810 1.~~31599205~~32895946 0.00000000 0.00000000 B-4 2,950,700.00 ~~996~~994.~~11777883~~80178941 1.~~31599282~~32895923 0.00000000 0.00000000 B-5 5,901,682.53 ~~996~~994.~~11792741~~80193659 1.~~31599251~~12969648 0.00000000 0.00000000 R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes Are Per $1000 Denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A-1 0.00000000 2220.~~91496730~~13137005 ~~930~~910.~~24359977~~11222972 0.~~93024360~~91011223 2220.~~91496730~~13137005 I-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 0.00000000 2220.~~91496730~~13137003 ~~930~~910.~~24359976~~11222973 0.~~93024360~~91011223 2220.~~91496730~~13137003 I-A-4 0.00000000 2220.~~91496742~~13136970 ~~930~~910.~~24360000~~11223030 0.~~93024360~~91011223 2220.~~91496742~~13136970 II-A-1 0.00000000 1512.~~23250811~~13775262 ~~952~~940.~~23008398~~09233136 0.~~95223008~~94009233 1512.~~23250811~~13775262 M 0.00000000 1.~~31599191~~32896071 ~~994~~993.~~80178862~~47282790 0.~~99480179~~99347283 1.~~31599191~~32896071 B-1 0.00000000 1.~~31599205~~32896045 ~~994~~993.~~80178909~~47282863 0.~~99480179~~99347283 1.~~31599205~~32896045 B-2 0.00000000 1.~~31599254~~32896043 ~~994~~993.~~80178938~~47282894 0.~~99480179~~99347283 1.~~31599254~~32896043 B-3 0.00000000 1.~~31599205~~32895946 ~~994~~993.~~80178810~~47282863 0.~~99480179~~99347283 1.~~31599205~~32895946 B-4 0.00000000 1.~~31599282~~32895923 ~~994~~993.~~80178941~~47283018 0.~~99480179~~99347283 1.~~31599282~~32895923 B-5 0.~~00000000~~19926521 1.~~31599251~~32896169 ~~994~~993.~~80193659~~47297490 0.~~99480194~~99347297 1.~~31599251~~12969648 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall I-A-1 362,575,800.00 3.~~52000~~59000% ~~345~~337,~~592~~283,~~229~~817.9838 1,~~013~~009,~~737~~040.2175 0.00 0.00 I-A-2 0.00 2.~~21996~~11849% ~~723~~706,~~104~~864,~~253~~855.9291 1,~~337~~259,~~717~~398.9763 0.00 0.00 I-A-3 330,000,000.00 3.~~52000~~59000% ~~314~~306,~~542~~980,~~327~~387.1392 ~~922~~918,~~657~~382.4999 0.00 0.00 I-A-4 13,200,000.00 3.~~52000~~59000% 12,~~581~~279,~~693~~215.0952 36,~~906~~735.3032 0.00 0.00 II-A-1 86,711,600.00 5.~~82989~~82146% 8382,~~890~~569,~~229~~394.3015 ~~407~~400,~~559~~562.1500 0.00 0.00 M 22,341,300.00 5.75000% 22,~~254~~225,~~566~~165.1720 106,~~636~~495.4658 0.00 0.00 B-1 10,116,900.00 5.75000% 10,~~077~~064,~~623~~310.9722 48,~~288~~224.6182 0.00 0.00 B-2 5,901,500.00 5.75000% 5,~~878~~870,~~589~~822.0876 28,~~168~~131.2403 0.00 0.00 B-3 3,372,300.00 5.75000% 3,~~359~~354,~~207~~770.9907 16,~~096~~074.2094 0.00 0.00 B-4 2,950,700.00 5.75000% 2,~~939~~935,~~244~~361.7364 14,~~083~~065.8827 0.00 0.00 B-5 5,901,682.53 5.75000% 5,~~878~~871,~~771~~005.7721 28,~~169~~131.1190 0.00 0.00 R 100.00 5.~~82237~~81310% 0.00 0.00 0.00 0.00 Totals 843,071,882.53 3,~~960~~865,~~020~~243.6223 0.00 0.00

Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance I-A-1 0.00 0.00 1,~~013~~009,~~737~~040.2175 0.00 ~~337~~329,~~283~~984,~~817~~669.3878 I-A-2 0.00 0.00 1,~~365~~304,~~577~~835.1470 0.00 ~~706~~692,~~864~~588,~~855~~846.9105 I-A-3 0.00 0.00 ~~922~~918,~~657~~382.4999 0.00 ~~306~~300,~~980~~337,~~387~~035.9281 I-A-4 0.00 0.00 36,~~906~~735.3032 0.00 12,~~279~~013,~~215~~481.5244 II-A-1 0.00 0.00 ~~407~~400,~~559~~562.1500 0.00 8281,~~569~~516,~~394~~910.1520 M 0.00 0.00 106,~~636~~495.4658 0.00 22,~~225~~195,~~165~~474.2049 B-1 0.00 0.00 48,~~288~~224.6182 0.00 10,~~064~~050,~~310~~865.2226 B-2 0.00 0.00 28,~~168~~131.2403 0.00 5,~~870~~862,~~822~~979.7690 B-3 0.00 0.00 16,~~096~~074.2094 0.00 3,~~354~~350,~~770~~288.0742 B-4 0.00 0.00 14,~~083~~065.8827 0.00 2,~~935~~931,~~361~~440.6428 B-5 0.00 0.00 28,~~169~~131.1190 0.00 5,~~871~~863,~~005~~162.2110 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 3,~~987~~910,~~879~~680.7930 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall I-A-1 362,575,800.00 3.~~52000~~59000% ~~953~~930.~~15856706~~24359977 2.~~79593180~~78297876 0.00000000 0.00000000 I-A-2 0.00 2.~~21996~~11849% ~~956~~934.~~03162438~~56116839 1.~~76862558~~66507791 0.00000000 0.00000000 I-A-3 330,000,000.00 3.~~52000~~59000% ~~953~~930.~~15856706~~24359976 2.~~79593179~~78297876 0.00000000 0.00000000 I-A-4 13,200,000.00 3.~~52000~~59000% ~~953~~930.~~15856742~~24360000 2.~~79593182~~78297879 0.00000000 0.00000000 II-A-1 86,711,600.00 5.~~82989~~82146% ~~967~~952.~~46259209~~23008398 4.~~70016872~~61947421 0.00000000 0.00000000 M 22,341,300.00 5.75000% ~~996~~994.~~11778052~~80178862 4.~~77306424~~76675842 0.00000000 0.00000000 B-1 10,116,900.00 5.75000% ~~996~~994.~~11778015~~80178909 4.~~77306388~~76675859 0.00000000 0.00000000 B-2 5,901,500.00 5.75000% ~~996~~994.~~11778023~~80178938 4.~~77306448~~76675930 0.00000000 0.00000000 B-3 3,372,300.00 5.75000% ~~996~~994.~~11778015~~80178810 4.~~77306289~~76675859 0.00000000 0.00000000 B-4 2,950,700.00 5.75000% ~~996~~994.~~11777883~~80178941 4.~~77306402~~76675704 0.00000000 0.00000000 B-5 5,901,682.53 5.75000% ~~996~~994.~~11792741~~80193659 4.~~77306427~~76675929 0.00000000 0.00000000 R 100.00 5.~~82237~~81310% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes Are Per $1000 Denomination.

Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance I-A-1 0.00000000 0.00000000 2.~~79593180~~78297876 0.00000000 ~~930~~910.~~24359977~~11222972 I-A-2 0.00000000 0.00000000 1.~~80545879~~72515123 0.00000000 ~~934~~915.~~56116839~~68654994 I-A-3 0.00000000 0.00000000 2.~~79593179~~78297876 0.00000000 ~~930~~910.~~24359976~~11222973 I-A-4 0.00000000 0.00000000 2.~~79593182~~78297879 0.00000000 ~~930~~910.~~24360000~~11223030 II-A-1 0.00000000 0.00000000 4.~~70016872~~61947421 0.00000000 ~~952~~940.~~23008398~~09233136 M 0.00000000 0.00000000 4.~~77306424~~76675842 0.00000000 ~~994~~993.~~80178862~~47282790 B-1 0.00000000 0.00000000 4.~~77306388~~76675859 0.00000000 ~~994~~993.~~80178909~~47282863 B-2 0.00000000 0.00000000 4.~~77306448~~76675930 0.00000000 ~~994~~993.~~80178938~~47282894 B-3 0.00000000 0.00000000 4.~~77306289~~76675859 0.00000000 ~~994~~993.~~80178810~~47282863 B-4 0.00000000 0.00000000 4.~~77306402~~76675704 0.00000000 ~~994~~993.~~80178941~~47283018 B-5 0.00000000 0.00000000 4.~~77306427~~76675929 0.00000000 ~~994~~993.~~80193659~~47297490 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.

CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 2119,~~698~~364,~~957~~518.2606 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 28,~~741~~453.5217 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0(1,176.00) Prepayment Penalties 2745,~~859~~437.1407 Total Deposits 2119,~~755~~437,~~557~~232.9230 Withdrawals Reimbursement for Servicer Advances 3228,~~596~~741.1452 Payment of Service Fee ~~174~~171,~~848~~044.8109 Payment of Interest and Principal 2119,~~548~~237,~~112~~446.9769 Total Withdrawals (Pool Distribution Amount) 2119,~~755~~437,~~557~~232.9230 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~168~~164,~~123~~465.8547 Credit Risk Manager Fee - The Murrayhill Company 6,~~724~~578.9662 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~174~~171,~~848~~044.8109

LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT ~~DELINQUENCY STATUS~~ DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1113 0 0 1113 1,~~224~~304,~~323~~687.4361 0.00 0.00 1,~~224~~304,~~323~~687.4361 30 Days 2415 0 0 0 2415 21,~~402~~597,~~660~~192.2363 0.00 0.00 0.00 21,~~402~~597,~~660~~192.2363 60 Days 1612 0 1 0 013 17 1,~~170~~087,~~871~~238.8844 ~~18,998.15~~ 0.00 188,474.98 0.00 1,~~189~~275,~~870~~713.0342 90 Days 07 1 03 0 111 0515,163.0073 ~~205~~18,~~727~~998.2415 0216,598.0031 0.00 ~~205~~750,~~727~~760.2419 120 Days 0 01 0 0 01 0.00 0205,727.0024 0.00 0.00 0205,727.0024 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 4034 1315 04 0 53 3,~~573~~199,~~532~~594.1180 1,~~449~~529,~~048~~413.8200 0405,073.0029 0.00 5,~~022~~134,~~580~~081.9309 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.~~213468~~256057% 0.000000% 0.000000% 0.~~213468~~256057% 0.~~154962~~168402% 0.000000% 0.000000% 0.~~154962~~168402% 30 Days 0.~~465748~~295450% 0.000000% 0.000000% 0.000000% 0.~~465748~~295450% 0.~~304104~~206157% 0.000000% 0.000000% 0.000000% 0.~~304104~~206157% 60 Days 0.~~310499~~236360% 0.~~019406~~000000% 0.~~000000~~019697% 0.000000% 0.~~329905~~256057% 0.~~148197~~140335% 0.~~002405~~000000% 0.~~000000~~024327% 0.000000% 0.~~150601~~164662% 90 Days 0.~~000000~~137877% 0.~~019406~~019697% 0.~~000000~~059090% 0.000000% 0.~~019406~~216663% 0.~~000000~~066495% 0.~~026039~~002452% 0.~~000000~~027957% 0.000000% 0.~~026039~~096904% 120 Days 0.000000% 0.~~000000~~019697% 0.000000% 0.000000% 0.~~000000~~019697% 0.000000% 0.~~000000~~026554% 0.000000% 0.000000% 0.~~000000~~026554% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~776247~~669687% 0.~~252280~~295450% 0.~~000000~~078787% 0.000000% 1.~~028527~~043924% 0.~~452301~~412987% 0.~~183406~~197409% 0.~~000000~~052285% 0.000000% 0.~~635706~~662680%

Delinquency Status By Groups

~~Delinquency Status By Groups~~ DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 810 0 0 810 1,~~062~~142,~~088~~568.9965 0.00 0.00 1,~~062~~142,~~088~~568.9965 30 Days 149 0 0 0 149 1,~~927~~291,~~318~~061.5761 0.00 0.00 0.00 1,~~927~~291,~~318~~061.5761 60 Days 139 0 01 0 1310 1961,~~023,689~~408.9586 0.00 0188,474.0098 0.00 1,~~023~~149,~~689~~883.9584 90 Days 5 0 13 0 08 1408,877.83 0.00 ~~205~~216,~~727~~598.2431 0.00 ~~0.00 205~~625,~~727~~476.2414 120 Days 0 01 0 0 01 0.00 0205,727.0024 0.00 0.00 0205,727.0024 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2723 911 04 0 3638 2,~~951~~661,~~008~~348.5230 1,~~267~~348,~~816~~295.2389 0405,073.0029 0.00 4,~~218~~414,~~824~~717.7548 0-29 Days 0.~~184162~~233973% 0.000000% 0.000000% 0.~~184162~~233973% 0.~~151324~~166165% 0.000000% 0.000000% 0.~~151324~~166165% 30 Days 0.~~322284~~210576% 0.000000% 0.000000% 0.000000% 0.~~322284~~210576% 0.~~274600~~187761% 0.000000% 0.000000% 0.000000% 0.~~274600~~187761% 60 Days 0.~~299263~~210576% 0.000000% 0.~~000000~~023397% 0.000000% 0.~~299263~~233973% 0.~~145853~~139819% 0.000000% 0.~~000000~~027410% 0.000000% 0.~~145853~~167229% 90 Days 0.~~000000~~116986% 0.~~023020~~000000% 0.~~000000~~070192% 0.000000% 0.~~023020~~187178% 0.~~000000~~059464% 0.~~029312~~000000% 0.~~000000~~031500% 0.000000% 0.~~029312~~090964% 120 Days 0.000000% 0.~~000000~~023397% 0.000000% 0.000000% 0.~~000000~~023397% 0.000000% 0.~~000000~~029919% 0.000000% 0.000000% 0.~~000000~~029919% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.~~621547~~538138% 0.~~207182~~257370% 0.~~000000~~093589% 0.000000% 0.~~828729~~889097% 0.~~420453~~387044% 0.~~180636~~196085% 0.~~000000~~058910% 0.000000% 0.~~601089~~642039% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GROUP 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 3 0 0 3 162,~~234~~118.4496 0.00 0.00 162,~~234~~118.4496 30 Days 106 0 0 0 106 ~~475~~306,~~341~~131.6602 0.00 0.00 0.00 ~~475~~306,~~341~~131.6602 60 Days 3 10 0 0 43 ~~147~~125,~~181~~829.9358 ~~18,998~~0.1500 0.00 0.00 ~~166~~125,~~180~~829.0858 90 Days 02 01 0 0 03 0106,285.0090 018,998.0015 0.00 0.00 0125,284.0005 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1311 4 0 0 1715 ~~622~~538,~~523~~246.5950 181,~~232~~117.5911 0.00 0.00 ~~803~~719,~~756~~363.1861 0-29 Days 0.~~370828~~373599% 0.000000% 0.000000% 0.~~370828~~373599% 0.~~183908~~186054% 0.000000% 0.000000% 0.~~183908~~186054% 30 Days 10.~~236094~~747198% 0.000000% 0.000000% 0.000000% 10.~~236094~~747198% 0.~~538845~~351329% 0.000000% 0.000000% 0.000000% 0.~~538845~~351329% 60 Days 0.~~370828~~373599% 0.~~123609~~000000% 0.000000% 0.000000% 0.~~494438~~373599% 0.~~166845~~144407% 0.~~021536~~000000% 0.000000% 0.000000% 0.~~188381~~144407% 90 Days 0.~~000000~~249066% 0.~~000000~~124533% 0.000000% 0.000000% 0.~~000000~~373599% 0.~~000000~~121978% 0.~~000000~~021803% 0.000000% 0.000000% 0.~~000000~~143781% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.~~606922~~369863% 0.~~494438~~498132% 0.000000% 0.000000% 21.~~101360~~867995% 0.~~705690~~617714% 0.~~205444~~207858% 0.000000% 0.000000% 0.~~911134~~825572%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 28,~~741~~453.5217

SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class IA1 480,495,982.53 56.99347736% ~~452~~444,~~150~~121,~~432~~637.6990 57.~~27524910~~37217666% 42.~~724751~~627823% 0.000000% Class IA3 150,495,982.53 17.85090757% ~~145~~143,~~170~~784,~~044~~602.7709 18.~~38912423~~57427085% 38.~~886125~~797906% 0.000000% Class IA4 137,295,982.53 16.28520478% ~~132~~131,~~890~~771,~~829~~120.2565 1617.~~83367923~~02235462% 1.~~555445~~551916% 0.000000% Class 2A1 50,584,382.53 6.00000825% 50,~~321~~254,~~435~~210.1045 6.~~37436685~~49190040% 10.~~459312~~530454% 0.000000% Class M 28,243,082.53 3.35002069% 28,~~096~~058,~~269~~735.9096 3.~~55903863~~62466185% 2.~~815328~~867239% 0.000000% Class B-1 18,126,182.53 2.15001626% 18,~~031~~007,~~959~~870.6870 2.~~28416232~~32627877% 1.~~274876~~298383% 0.000000% Class B-2 12,224,682.53 1.45001663% 12,~~161~~144,~~136~~890.9280 1.~~54048763~~56889186% 0.~~743675~~757387% 0.000000% Class B-3 8,852,382.53 1.05001515% 8,~~806~~794,~~366~~602.8538 1.~~11552886~~13609750% 0.~~424959~~432794% 0.000000% Class B-4 5,901,682.53 0.70002127% 5,~~871~~863,~~005~~162.2110 0.~~74369781~~75741045% 0.~~371831~~378687% 0.000000% Class B-5 0.00 0.00000000% 0.00 0.00000000% 0.~~743698~~757410% 0.000000% Class IA2 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 104,376.00 0.01238044% 104,376.00 0.~~01322162~~01348342% Fraud 4,363,457.00 0.51756642% 4,363,457.00 0.~~55273216~~56367671% Special Hazard 4,363,457.00 0.51756642% 4,363,457.00 0.~~55273216~~56367671% Limit of Subordinate's Exposure to Certain Types of Losses

COLLATERAL STATEMENT Collateral Description Fixed Weighted Average Gross Coupon 6.~~171940~~158830% Weighted Average Net Coupon 5.~~921940~~885668% Weighted Average Pass-Through Rate 5.~~888547~~875463% Weighted Average Maturity(Stepdown Calculation ) ~~328~~327 Beginning Scheduled Collateral Loan Count 5,~~237~~153 Number Of Loans Paid In Full 8476 Ending Scheduled Collateral Loan Count 5,~~153~~077 Beginning Scheduled Collateral Balance ~~806~~789,~~994~~434,~~482~~249.3519 Ending Scheduled Collateral Balance ~~789~~774,~~434~~106,~~249~~306.1979 Ending Actual Collateral Balance at 2931-~~Apr~~May-2005 ~~790~~774,~~078~~744,~~613~~565.52 Monthly P &I Constant 5,~~220~~111,~~374~~671.6737 Special Servicing Fee 0.00 Prepayment Penalties 2745,~~859~~437.1407 Realized Loss Amount 01,176.00 Cumulative Realized Loss 01,176.00 Scheduled Principal 1,~~069~~060,~~773~~012.6400 Unscheduled Principal 1614,~~490~~267,~~459~~930.5240

Group Level Collateral Statement Group GROUP 1 GROUP 2 Total Collateral Description Mixed Fixed Mixed Fixed Fixed Weighted Average Coupon Rate 6.~~181970~~168235 6.~~091401~~083897 6.~~171940~~158830 Weighted Average Net Rate 5.~~931970~~918235 5.~~841401~~833897 5.~~921940~~885668 Weighted Average Maturity ~~348~~347 ~~166~~165 ~~328~~327 Beginning Loan Count 4,~~415~~344 ~~822~~809 5,~~237~~153 Loans Paid In Full 7170 136 8476 Ending Loan Count 4,~~344~~274 ~~809~~803 5,~~153~~077 Beginning Scheduled Balance ~~717~~701,~~623~~402,~~657~~631.8768 8988,~~370~~031,~~824~~617.4851 ~~806~~789,~~994~~434,~~482~~249.3519 Ending ~~scheduled~~Scheduled Balance ~~701~~687,~~402~~145,~~631~~707.6830 8886,~~031~~960,~~617~~599.5149 ~~789~~774,~~434~~106,~~249~~306.1979 Record Date 0405/2931/2005 0405/2931/2005 0405/2931/2005 Principal And Interest Constant 4,~~467~~366,~~128~~655.3329 ~~753~~745,~~246~~016.3408 5,~~220~~111,~~374~~671.6737 Scheduled Principal ~~770~~761,~~188~~308.5666 ~~299~~298,~~585~~703.0834 1,~~069~~060,~~773~~012.6400 Unscheduled Principal 1513,~~450~~495,~~837~~615.6372 1772,~~039,621~~314.8968 1614,~~490~~267,~~459~~930.5240 Scheduled Interest 3,~~696~~605,~~939~~346.7763 ~~453~~446,~~661~~312.2674 4,~~150~~051,~~601~~659.0337 Servicing Fees ~~149~~146,~~504~~125.9355 18,~~618~~339.92 ~~168~~164,~~123~~465.8547 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 2120,~~599~~971.5124 ~~857~~845.0018 2221,~~456~~816.5142 Pool Insurance Fee 0.00 0.00 0.00 Spread ~~Fee~~ 1 0.00 0.00 0.00 Spread ~~Fee~~ 2 0.00 0.00 0.00 Spread ~~Fee~~ 3 0.00 0.00 0.00 Net Interest 3,~~525~~438,~~835~~249.3384 ~~434~~427,~~185~~127.3464 3,~~960~~865,~~020~~377.6748 Realized Loss Amount 0625.00 0551.00 01,176.00 Cumulative Realized Loss 0625.00 0551.00 01,176.00 Percentage of Cumulative Losses 0.~~0000~~0001 0.~~0000~~0006 0.~~0000~~0001 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.~~895851~~882240 5.~~829894~~821460 5.~~888547~~875463

Filing Compare · Deutsche Alt-A Securities, Inc. Mortgage Loan Trust, Series 2005-1