8-K 1 hbm05002_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 HOMEBANC MORTGAGE TRUST Mortgage-Backed Notes, Series 2005-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-121040-02 Pooling and Servicing Agreement) (Commission N/A (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 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 HOMEBANC MORTGAGE TRUST , Mortgage-Backed Notes, Series 2005-2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2005-2 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. HOMEBANC MORTGAGE TRUST Mortgage-Backed Notes, Series 2005-2 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-Backed Notes, Series 2005-2 Trust, relating to the June 27, 2005 distribution. EX-99.1

HomeBanc Mortgage Trust Mortgage-Backed Notes Record Date: 45/2931/2005 Distribution Date: 56/2527/2005 HomeBanc Mortgage Trust Mortgage-Backed Notes Series 2005-2 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~~ A-1 43739EAZ0 SEN 3.~~23000~~30000% ~~139~~135,~~604~~503,~~688~~264.3560 ~~375~~409,~~769~~897.2938 ~~4,101,423.75~~ M-1 43739EBA4 SUB 3.~~47000~~54000% 10,737,000.00 3134,~~047~~841.8357 ~~0.00~~ M-2 43739EBB2 SUB 3.~~51000~~58000% 3,080,000.00 910,~~009~~107.0053 ~~0.00~~ M-3 43739EBC0 SUB 3.~~70000~~77000% 5,633,000.00 1719,~~368~~466.4271 ~~0.00~~ M-4 43739EBD8 SUB 3.~~74000~~81000% 2,464,000.00 78,~~679~~605.4752 ~~0.00~~ B-1 43739EBE6 SUB 4.~~27000~~34000% 2,112,000.00 78,~~515~~402.2024 ~~0.00~~ B-2 43739EBF3 SUB 4.~~42000~~49000% 1,760,000.00 67,~~482~~243.6787 ~~0.00~~ B-3 43739EBG1 SUB 4.~~92000~~99000% 1,761,000.00 78,~~220~~055.1011 ~~0.00~~ B-4 43739EBH9 SUB 5.~~07000~~14000% 1,232,000.00 5,~~205~~804.2077 ~~0.00~~ OC HBM0502OC OC 0.00000% 5,104,478.1933 0.00 ~~0.00~~ OT HBM0502OT OT 0.00000% 0.00 ~~386~~331,~~191~~216.5606 ~~0.00~~ Totals ~~173~~169,~~488~~386,~~166~~742.5493 ~~853~~843,~~488~~640.~~74 4,101,423.75~~76

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses A-1 5,122,223.38 0.00 ~~135~~130,~~503~~381,~~264~~041.6022 45,~~477~~532,~~193~~120.0476 0.00 M-1 0.00 0.00 10,737,000.00 3134,~~047~~841.8357 0.00 M-2 0.00 0.00 3,080,000.00 910,~~009~~107.0053 0.00 M-3 0.00 0.00 5,633,000.00 1719,~~368~~466.4271 0.00 M-4 0.00 0.00 2,464,000.00 78,~~679~~605.4752 0.00 B-1 0.00 0.00 2,112,000.00 78,~~515~~402.2024 0.00 B-2 0.00 0.00 1,760,000.00 67,~~482~~243.6787 0.00 B-3 0.00 0.00 1,761,000.00 78,~~220~~055.1011 0.00 B-4 0.00 0.00 1,232,000.00 5,~~205~~804.2077 0.00 OC 0.00 0.00 5,104,478.33 0.00 0.00 OT 0.00 0.00 ~~386~~0.00 331,~~191~~216.5606 0.00 Totals 5,122,223.38 0.00 ~~169~~164,~~386~~264,~~742~~519.9355 45,~~954~~965,~~912~~864.4914 0.00 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) A-1 142,133,000.00 ~~139~~135,~~604~~503,~~688~~264.3560 0.00 45,~~101~~122,~~423~~223.7538 0.00 0.00 M-1 10,737,000.00 10,737,000.00 0.00 0.00 0.00 0.00 M-2 3,080,000.00 3,080,000.00 0.00 0.00 0.00 0.00 M-3 5,633,000.00 5,633,000.00 0.00 0.00 0.00 0.00 M-4 2,464,000.00 2,464,000.00 0.00 0.00 0.00 0.00 B-1 2,112,000.00 2,112,000.00 0.00 0.00 0.00 0.00 B-2 1,760,000.00 1,760,000.00 0.00 0.00 0.00 0.00 B-3 1,761,000.00 1,761,000.00 0.00 0.00 0.00 0.00 B-4 1,232,000.00 1,232,000.00 0.00 0.00 0.00 0.00 OC 5,104,494.14 5,104,478.1933 0.00 0.00 0.00 0.00 OT 0.00 0.00 0.00 0.00 0.00 0.00 Totals 176,016,494.14 ~~173~~169,~~488~~386,~~166~~742.5493 0.00 45,~~101~~122,~~423~~223.7538 0.00 0.00 (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 A-1 45,~~101~~122,~~423~~223.7538 ~~135~~130,~~503~~381,~~264~~041.6022 0.~~95335541~~91731717 45,~~101~~122,~~423~~223.7538 M-1 0.00 10,737,000.00 1.00000000 0.00 M-2 0.00 3,080,000.00 1.00000000 0.00 M-3 0.00 5,633,000.00 1.00000000 0.00 M-4 0.00 2,464,000.00 1.00000000 0.00 B-1 0.00 2,112,000.00 1.00000000 0.00 B-2 0.00 1,760,000.00 1.00000000 0.00 B-3 0.00 1,761,000.00 1.00000000 0.00 B-4 0.00 1,232,000.00 1.00000000 0.00 OC 0.00 5,104,478.33 0.99999690 0.00 OT 0.00 0.00 0.00000000 0.00 Totals 45,~~101~~122,~~423~~223.7538 ~~169~~164,~~386~~264,~~742~~519.9355 0.~~96233449~~93323367 45,~~101~~122,~~423~~223.7538

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 142,133,000.00 ~~982~~953.~~21164930~~35541078 0.00000000 2836.~~85623852~~03824151 0.00000000 M-1 10,737,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 3,080,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 5,633,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 2,464,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 2,112,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 1,760,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 1,761,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 1,232,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 OC 5,104,494.14 999.~~99687530~~99690273 0.00000000 0.00000000 0.00000000 OT 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.

Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 2836.~~85623852~~03824151 ~~953~~917.~~35541078~~31716927 0.~~95335541~~91731717 2836.~~85623852~~03824151 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 OC 0.00000000 0.00000000 999.99690273 0.99999690 0.00000000 OT 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 A-1 142,133,000.00 3.~~23000~~30000% ~~139~~135,~~604~~503,~~688~~264.3560 ~~375~~409,~~769~~897.2938 0.00 0.00 M-1 10,737,000.00 3.~~47000~~54000% 10,737,000.00 3134,~~047~~841.8357 0.00 0.00 M-2 3,080,000.00 3.~~51000~~58000% 3,080,000.00 910,~~009~~107.0053 0.00 0.00 M-3 5,633,000.00 3.~~70000~~77000% 5,633,000.00 1719,~~368~~466.4271 0.00 0.00 M-4 2,464,000.00 3.~~74000~~81000% 2,464,000.00 78,~~679~~605.4752 0.00 0.00 B-1 2,112,000.00 4.~~27000~~34000% 2,112,000.00 78,~~515~~402.2024 0.00 0.00 B-2 1,760,000.00 4.~~42000~~49000% 1,760,000.00 67,~~482~~243.6787 0.00 0.00 B-3 1,761,000.00 4.~~92000~~99000% 1,761,000.00 78,~~220~~055.1011 0.00 0.00 B-4 1,232,000.00 5.~~07000~~14000% 1,232,000.00 5,~~205~~804.2077 0.00 0.00 OC 5,104,494.14 0.00000% 5,104,478.1933 0.00 0.00 0.00 OT 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 176,016,494.14 ~~467~~512,~~297~~424.1870 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 A-1 0.00 0.00 ~~375~~409,~~769~~897.2938 0.00 ~~135~~130,~~503~~381,~~264~~041.6022 M-1 0.00 0.00 3134,~~047~~841.8357 0.00 10,737,000.00 M-2 0.00 0.00 910,~~009~~107.0053 0.00 3,080,000.00 M-3 0.00 0.00 1719,~~368~~466.4271 0.00 5,633,000.00 M-4 0.00 0.00 78,~~679~~605.4752 0.00 2,464,000.00 B-1 0.00 0.00 78,~~515~~402.2024 0.00 2,112,000.00 B-2 0.00 0.00 67,~~482~~243.6787 0.00 1,760,000.00 B-3 0.00 0.00 78,~~220~~055.1011 0.00 1,761,000.00 B-4 0.00 0.00 5,~~205~~804.2077 0.00 1,232,000.00 OC 0.00 0.00 0.00 0.00 5,104,478.33 OT 0.00 0.00 ~~386~~331,~~191~~216.5606 0.00 0.00 Totals 0.00 0.00 ~~853~~843,~~488~~640.7476 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 A-1 142,133,000.00 3.~~23000~~30000% ~~982~~953.~~21164930~~35541078 2.~~64378638~~88390015 0.00000000 0.00000000 M-1 10,737,000.00 3.~~47000~~54000% 1000.00000000 23.~~89166713~~24500047 0.00000000 0.00000000 M-2 3,080,000.00 3.~~51000~~58000% 1000.00000000 23.~~92500000~~28166558 0.00000000 0.00000000 M-3 5,633,000.00 3.~~70000~~77000% 1000.00000000 3.~~08333393~~45583348 0.00000000 0.00000000 M-4 2,464,000.00 3.~~74000~~81000% 1000.00000000 3.~~11666802~~49250000 0.00000000 0.00000000 B-1 2,112,000.00 4.~~27000~~34000% 1000.00000000 3.~~55833333~~97833333 0.00000000 0.00000000 B-2 1,760,000.00 4.~~42000~~49000% 1000.00000000 34.~~68333523~~11583523 0.00000000 0.00000000 B-3 1,761,000.00 4.~~92000~~99000% 1000.00000000 4.~~10000000~~57416809 0.00000000 0.00000000 B-4 1,232,000.00 5.~~07000~~14000% 1000.00000000 4.~~22500000~~71166396 0.00000000 0.00000000 OC 5,104,494.14 0.00000% 999.~~99687530~~99690273 0.00000000 0.00000000 0.00000000 OT 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $1,000 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 A-1 0.00000000 0.00000000 2.~~64378638~~88390015 0.00000000 ~~953~~917.~~35541078~~31716927 M-1 0.00000000 0.00000000 23.~~89166713~~24500047 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 23.~~92500000~~28166558 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 3.~~08333393~~45583348 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.~~11666802~~49250000 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 3.~~55833333~~97833333 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 34.~~68333523~~11583523 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 4.~~10000000~~57416809 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 4.~~22500000~~71166396 0.00000000 1000.00000000 OC 0.00000000 0.00000000 0.00000000 0.00000000 999.99690273 OT 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 56,030,~~790~~276.1701 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~904~~7,070.8377 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 56,~~031~~037,~~695~~346.0078 Withdrawals Reimbursement for Servicer Advances ~~4,495~~904.7783 Payment of Service Fee 7270,~~286~~577.7481 Payment of Interest and Principal 45,~~954~~965,~~912~~864.4914 Total Withdrawals (Pool Distribution Amount) 56,~~031~~037,~~695~~346.0078 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee 7270,~~286~~577.7481 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 7270,~~286~~577.7481

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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 030 0 0 0 030 0978,118.0008 0.00 0.00 0.00 0978,118.0008 60 Days 26 0 0 0 26 47270,~~625~~450.00 0.00 0.00 0.00 47270,~~625~~450.00 90 Days 1 0 0 0 1 2920,~~950~~775.00 0.00 0.00 0.00 2920,~~950~~775.00 120 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 1 0 0 0 1 127,550.00 0.00 0.00 0.00 127,550.00 Totals 438 0 0 0 438 ~~205~~1,~~125~~396,893.0008 0.00 0.00 0.00 ~~205~~1,~~125~~396,893.0008 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~000000~~724463% 0.000000% 0.000000% 0.000000% 0.~~000000~~724463% 0.~~000000~~595453% 0.000000% 0.000000% 0.000000% 0.~~000000~~595453% 60 Days 0.~~047226~~144893% 0.000000% 0.000000% 0.000000% 0.~~047226~~144893% 0.~~028116~~164643% 0.000000% 0.000000% 0.000000% 0.~~028116~~164643% 90 Days 0.~~023613~~024149% 0.000000% 0.000000% 0.000000% 0.~~023613~~024149% 0.~~017681~~012647% 0.000000% 0.000000% 0.000000% 0.~~017681~~012647% 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.~~023613~~024149% 0.000000% 0.000000% 0.000000% 0.~~023613~~024149% 0.~~075301~~077649% 0.000000% 0.000000% 0.000000% 0.~~075301~~077649% Totals 0.~~094451~~917653% 0.000000% 0.000000% 0.000000% 0.~~094451~~917653% 0.~~121099~~850392% 0.000000% 0.000000% 0.000000% 0.~~121099~~850392%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~904~~7,070.8377

COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.~~403489~~476667% Weighted Average Net Coupon 5.~~903489~~976667% Weighted Average Pass-Through Rate 5.~~903489~~976667% Weighted Average Maturity(Stepdown Calculation ) ~~235~~234 Beginning Scheduled Collateral Loan Count 4,~~310~~235 Number Of Loans Paid In Full 7594 Ending Scheduled Collateral Loan Count 4,~~235~~141 Beginning Scheduled Collateral Balance ~~173~~169,~~488~~386,~~166~~742.6893 Ending Scheduled Collateral Balance ~~169~~164,~~386~~264,~~742~~519.9355 Ending Actual Collateral Balance at 2931-~~Apr~~May-2005 ~~169~~164,~~386~~264,~~745~~522.4204 Monthly P &I Constant ~~926~~914,~~279~~748.8594 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal ~~505~~531.2601 Unscheduled Principal 45,~~100~~121,~~918~~692.4937 Extra principal distribution Amount 0.00 Excess Cash Amount ~~386~~331,~~191~~216.5606

Miscellaneous Reporting Basis Risk Shortfall CF Amnt A-1 0.00 Basis Risk Shortfall CF Amnt B-1 0.00 Basis Risk Shortfall CF Amnt B-2 0.00 Basis Risk Shortfall CF Amnt B-3 0.00 Basis Risk Shortfall CF Amnt B-4 0.00 Basis Risk Shortfall CF Amnt M-1 0.00 Basis Risk Shortfall CF Amnt M-2 0.00 Basis Risk Shortfall CF Amnt M-3 0.00 Basis Risk Shortfall CF Amnt M-4 0.00 LIBOR RATE 3.~~020000~~090000% ______OC REPORTING_______ Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 5,104,478.33 Overcollateralized Amount 5,104,478.33 Overcollateralized Deficiency Amount 0.00 Overcollateralized Floor Amount 880,082.00 Extra Principal Distribution Amount 0.00 Excess Cash Amount ~~386~~331,~~191~~216.5606

Filing Compare · HomeBanc Mortgage Trust 2005-2