8-K 1 sac05wf2_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 STRUCTURED ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2005-WF2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-120575-29 Pooling and Servicing Agreement) (Commission 54-2175621 (State or other File Number) 54-2175622 jurisdiction 54-2175623 of Incorporation) 54-2175624 IRS EIN 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 STRUCTURED ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2005-WF2 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-WF2 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. STRUCTURED ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2005-WF2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 6/30/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-WF2 Trust, relating to the June 27, 2005 distribution. EX-99.1

~~UNITED~~Structured ~~STATES~~Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 5/31/2005 Distribution Date: 6/27/2005 Structured Asset Securities Corporation Mortgage Pass-Through Certificates Series 2005-WF2 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 Class CUSIP Description Rate Balance Distribution A1 86359DCY1 SEN 3.17000% 332,145,000.00 965,158.01 A2 86359DCZ8 SEN 3.29000% 160,172,000.00 483,052.06 A3 86359DDA2 SEN 3.39000% 62,936,000.00 195,573.62 M1 86359DDB0 MEZ 3.47000% 29,188,000.00 92,842.16 M2 86359DDC8 MEZ 3.51000% 18,117,000.00 58,291.45 M3 86359DDD6 MEZ 3.54000% 11,071,000.00 35,925.40 M4 86359DDE4 MEZ 3.69000% 9,394,000.00 31,775.21 M5 86359DDF1 MEZ 3.72000% 9,729,000.00 33,175.89 M6 86359DDG9 MEZ 3.75000% 7,381,000.00 25,372.19 M7 86359DDH7 MEZ 4.19000% 6,710,000.00 25,771.99 M8 86359DDJ3 MEZ 4.29000% 4,026,000.00 15,832.25 M9 86359DDK0 MEZ 4.64000% 4,026,000.00 17,123.92 B1 86359DDL8 SUB 5.59000% 4,697,000.00 24,068.21 B2 86359DDM6 SUB 5.59000% 8,052,000.00 41,259.79 X SAC5WF2X SEN 0.00000% 0.00 1,397,836.04 P SAC5WF2P SEN 0.00000% 100.00 48,404.60 R SAC5WF2R4 SEN 0.00000% 0.00 0.00 Totals 667,644,100.00 3,491,462.79

~~SECURITIES~~Certificateholder ~~AND~~Distribution ~~EXCHANGE~~Summary ~~COMMISSION~~(continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses A1 7,206,481.04 0.00 324,938,518.96 8,171,639.05 0.00 A2 0.00 0.00 160,172,000.00 483,052.06 0.00 A3 0.00 0.00 62,936,000.00 195,573.62 0.00 M1 0.00 0.00 29,188,000.00 92,842.16 0.00 M2 0.00 0.00 18,117,000.00 58,291.45 0.00 M3 0.00 0.00 11,071,000.00 35,925.40 0.00 M4 0.00 0.00 9,394,000.00 31,775.21 0.00 M5 0.00 0.00 9,729,000.00 33,175.89 0.00 M6 0.00 0.00 7,381,000.00 25,372.19 0.00 M7 0.00 0.00 6,710,000.00 25,771.99 0.00 M8 0.00 0.00 4,026,000.00 15,832.25 0.00 M9 0.00 0.00 4,026,000.00 17,123.92 0.00 B1 0.00 0.00 4,697,000.00 24,068.21 0.00 B2 0.00 0.00 8,052,000.00 41,259.79 0.00 X 0.00 0.00 0.00 1,397,836.04 0.00 P 0.00 0.00 100.00 48,404.60 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 7,206,481.04 0.00 660,437,618.96 10,697,943.83 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.

~~Washington~~Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A1 332,145,000.00 D332,145,000.C00 0. ~~20549~~00 7,206,481.04 0.00 0.00 A2 160,172,000.00 160,172,000.00 0.00 0.00 0.00 0.00 A3 62,936,000.00 62,936,000.00 0.00 0.00 0.00 0.00 M1 29,188,000.00 29,188,000.00 0.00 0.00 0.00 0.00 M2 18,117,000.00 18,117,000.00 0.00 0.00 0.00 0.00 M3 11,071,000.00 11,071,000.00 0.00 0.00 0.00 0.00 M4 9,394,000.00 9,394,000.00 0.00 0.00 0.00 0.00 M5 9,729,000.00 9,729,000.00 0.00 0.00 0.00 0.00 M6 7,381,000.00 7,381,000.00 0.00 0.00 0.00 0.00 M7 6,710,000.00 6,710,000.00 0.00 0.00 0.00 0.00 M8 4,026,000.00 4,026,000.00 0.00 0.00 0.00 0.00 M9 4,026,000.00 4,026,000.00 0.00 0.00 0.00 0.00 B1 4,697,000.00 4,697,000.00 0.00 0.00 0.00 0.00 B2 8,052,000.00 8,052,000.00 0.00 0.00 0.00 0.00 X 0.00 0.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 667,644,100.00 667,644,100.00 0.00 7,206,481.04 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.

~~FORM~~Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A1 7,206,481.04 324,938,518.96 0.97830321 7,206,481.04 A2 0.00 160,172,000.00 1.00000000 0.00 A3 0.00 62,936,000.00 1.00000000 0.00 M1 0.00 29,188,000.00 1.00000000 0.00 M2 0.00 18,117,000.00 1.00000000 0.00 M3 0.00 11,071,000.00 1.00000000 0.00 M4 0.00 9,394,000.00 1.00000000 0.00 M5 0.00 9,729,000.00 1.00000000 0.00 M6 0.00 7,381,000.00 1.00000000 0.00 M7 0.00 6,710,000.00 1.00000000 0.00 M8 0.00 4,026,000.00 1.00000000 0.00 M9 0.00 4,026,000.00 1.00000000 0.00 B1 0.00 4,697,000.00 1.00000000 0.00 B2 0.00 8-K,052,000.00 1.00000000 0.00 X 0.00 0.00 0.00000000 0.00 P 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 7,206,481.04 660,437,618.96 0.98920610 7,206,481.04

~~CURRENT~~Principal ~~REPORT~~Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A1 332,145,000.00 1000.00000000 0.00000000 21.69679218 0.00000000 A2 160,172,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A3 62,936,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M1 29,188,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 18,117,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 11,071,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 9,394,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5 9,729,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M6 7,381,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M7 6,710,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M8 4,026,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M9 4,026,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 4,697,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B2 8,052,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are Per 1,000 Denomination

~~PURSUANT~~Principal TODistribution ~~SECTION~~Factors 13Statement OR(continued) 15Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (d3) OFReduction ~~THE~~Balance Percentage Distribution A1 0.00000000 21.69679218 978.30320782 0.97830321 21.69679218 A2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 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.

~~SECURITIES~~Interest ~~EXCHANGE~~Distribution ~~ACT~~Statement OFBeginning ~~1934~~Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A1 332,145,000.00 3.17000% 332,145,000.00 965,158.01 0.00 0.00 A2 160,172,000.00 3.29000% 160,172,000.00 483,052.06 0.00 0.00 A3 62,936,000.00 3.39000% 62,936,000.00 195,573.62 0.00 0.00 M1 29,188,000.00 3.47000% 29,188,000.00 92,842.16 0.00 0.00 M2 18,117,000.00 3.51000% 18,117,000.00 58,291.45 0.00 0.00 M3 11,071,000.00 3.54000% 11,071,000.00 35,925.40 0.00 0.00 M4 9,394,000.00 3.69000% 9,394,000.00 31,775.21 0.00 0.00 M5 9,729,000.00 3.72000% 9,729,000.00 33,175.89 0.00 0.00 M6 7,381,000.00 3.75000% 7,381,000.00 25,372.19 0.00 0.00 M7 6,710,000.00 4.19000% 6,710,000.00 25,771.99 0.00 0.00 M8 4,026,000.00 4.29000% 4,026,000.00 15,832.25 0.00 0.00 M9 4,026,000.00 4.64000% 4,026,000.00 17,123.92 0.00 0.00 B1 4,697,000.00 5.59000% 4,697,000.00 24,068.21 0.00 0.00 B2 8,052,000.00 5.59000% 8,052,000.00 41,259.79 0.00 0.00 X 0.00 0.00000% 670,999,177.81 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 667,644,100.00 2,045,222.15 0.00 0.00

~~Date~~Interest ofDistribution ~~Report~~Statement (~~Date~~continued) ofRemaining ~~earliest~~Ending ~~event~~Non-Supported ~~reported~~Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A1 0.00 0.00 965,158.01 0.00 324,938,518.96 A2 0.00 0.00 483,052.06 0.00 160,172,000.00 A3 0.00 0.00 195,573.62 0.00 62,936,000.00 M1 0.00 0.00 92,842.16 0.00 29,188,000.00 M2 0.00 0.00 58,291.45 0.00 18,117,000.00 M3 0.00 0.00 35,925.40 0.00 11,071,000.00 M4 0.00 0.00 31,775.21 0.00 9,394,000.00 M5 0.00 0.00 33,175.89 0.00 9,729,000.00 M6 0.00 0.00 25,372.19 0.00 7,381,000.00 M7 0.00 0.00 25,771.99 0.00 6,710,000.00 M8 0.00 0.00 15,832.25 0.00 4,026,000.00 M9 0.00 0.00 17,123.92 0.00 4,026,000.00 B1 0.00 0.00 24,068.21 0.00 4,697,000.00 B2 0.00 0.00 41,259.79 0.00 8,052,000.00 X 0.00 0.00 1,397,836.04 0.00 663,792,696.77 P 0.00 0.00 48,404.60 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 3,491,462.79 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.

~~May~~Interest 26Distribution 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 A1 332,145,000.00 ~~2005~~3.17000% 1000.00000000 2.90583333 0.00000000 0.00000000 A2 160,172,000.00 3.29000% 1000.00000000 3.01583335 0.00000000 0.00000000 A3 62,936,000.00 3.39000% 1000.00000000 3.10750000 0.00000000 0.00000000 M1 29,188,000.00 3.47000% 1000.00000000 3.18083322 0.00000000 0.00000000 M2 18,117,000.00 3.51000% 1000.00000000 3.21750014 0.00000000 0.00000000 M3 11,071,000.00 3.54000% 1000.00000000 3.24500045 0.00000000 0.00000000 M4 9,394,000.00 3.69000% 1000.00000000 3.38250053 0.00000000 0.00000000 M5 9,729,000.00 3.72000% 1000.00000000 3.41000000 0.00000000 0.00000000 M6 7,381,000.00 3.75000% 1000.00000000 3.43750034 0.00000000 0.00000000 M7 6,710,000.00 4.19000% 1000.00000000 3.84083308 0.00000000 0.00000000 M8 4,026,000.00 4.29000% 1000.00000000 3.93250124 0.00000000 0.00000000 M9 4,026,000.00 4.64000% 1000.00000000 4.25333333 0.00000000 0.00000000 B1 4,697,000.00 5.59000% 1000.00000000 5.12416649 0.00000000 0.00000000 B2 8,052,000.00 5.59000% 1000.00000000 5.12416667 0.00000000 0.00000000 X 0.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are Per 1,000 Denomination

~~STRUCTURED~~Interest ~~ASSET~~Distribution ~~SECURITIES~~Factors ~~CORPORATION~~Statement (ascontinued) ~~Depositor~~Remaining ~~under~~Ending ~~the~~Non-Supported ~~Trust~~Total ~~Agreement~~Unpaid ~~dated~~Certificate/ asInterest ofRealized ~~May~~Interest 1Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A1 0.00000000 0.00000000 2.90583333 0.00000000 978.30320782 A2 0.00000000 0.00000000 3.01583335 0.00000000 1000.00000000 A3 0.00000000 0.00000000 3.10750000 0.00000000 1000.00000000 M1 0.00000000 0.00000000 3.18083322 0.00000000 1000.00000000 M2 0.00000000 0.00000000 3.21750014 0.00000000 1000.00000000 M3 0.00000000 0.00000000 3.24500045 0.00000000 1000.00000000 M4 0.00000000 0.00000000 3.38250053 0.00000000 1000.00000000 M5 0.00000000 0.00000000 3.41000000 0.00000000 1000.00000000 M6 0.00000000 0.00000000 3.43750034 0.00000000 1000.00000000 M7 0.00000000 0.00000000 3.84083308 0.00000000 1000.00000000 M8 0.00000000 0.00000000 3.93250124 0.00000000 1000.00000000 M9 0.00000000 0.00000000 4.25333333 0.00000000 1000.00000000 B1 0.00000000 0.00000000 5.12416649 0.00000000 1000.00000000 B2 0.00000000 0.00000000 5.12416667 0.00000000 1000.00000000 X 0.00000000 0.00000000 2.08321573 0.00000000 989.26007471 P 0.00000000 0.00000000 484046.00000000 0.00000000 1000.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, ~~2005~~Bankruptcy,or ~~providing~~Fraud ~~for~~Losses ~~the~~Unless ~~issuance~~Otherwise ofDisclosed. ~~Structured~~Please ~~Asset~~Refer ~~Securities~~to ~~Corporation~~the ~~Mortgage~~Prospectus ~~Pass-Through~~Supplement ~~Certificates,~~for ~~Series~~a ~~2005-WF2)~~Full Description.

~~Structured~~CERTIFICATEHOLDER ~~Asset~~ACCOUNT ~~Securities~~STATEMENT ~~Corporation~~ CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 10,979,483.90 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 10,979,483.90 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 281,540.07 Payment of Interest and Principal 10,697,943.83 Total Withdrawals (Pool Distribution Amount) 10,979,483.90 Ending Balance 0.00

~~(Exact~~PREPAYMENT/CURTAILMENT ~~Name~~INTEREST ofSHORTFALL ~~Registrant~~Total asPrepayment/Curtailment ~~Specified~~Interest inShortfall ~~its~~0.00 ~~Charter)~~Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00

Delaware	333-120575	74-2440850
(State or Other Jurisdiction Of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

~~745~~OTHER ~~Seventh~~ACCOUNTS ~~Avenue~~Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Basis Risk Reserve Fund 1,000.00 ~~7th~~0.00 ~~Floor~~0.00 ~~New~~1,000.00 ~~York~~Supplemental Interest Trust 1,000.00 NY1,397,836.04 ~~(Address~~1,397,836.04 of1,000.00 ~~Principal~~Prepayment ~~Executive~~Premiums ~~Offices)~~0.00 ~~10019~~48,404.60 ~~(Zip~~48,404.60 ~~Code)~~0.00

~~Registrant’s~~LOAN ~~telephone~~STATUS ~~number~~STRATIFICATION/CREDIT ENHANCEMENT STATEMENT 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 24 0 0 0 24 2,951,929.88 ~~including~~0.00 ~~area~~0.00 ~~code: (212)~~0.00 ~~526~~2,951,929.88 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 24 0 0 0 24 2,951,929.88 0.00 0.00 0.00 2,951,929.88 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-~~7000~~29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.570749% 0.000000% 0.000000% 0.000000% 0.570749% 0.444340% 0.000000% 0.000000% 0.000000% 0.444340% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.570749% 0.000000% 0.000000% 0.000000% 0.570749% 0.444340% 0.000000% 0.000000% 0.000000% 0.444340%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 No ~~Change~~ 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 3 0 0 0 3 94,712.21 0.00 0.00 0.00 94,712.21 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 3 0 0 0 3 94,712.21 0.00 0.00 0.00 94,712.21 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.366300% 0.000000% 0.000000% 0.000000% 0.366300% 0.081444% 0.000000% 0.000000% 0.000000% 0.081444% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.366300% 0.000000% 0.000000% 0.000000% 0.366300% 0.081444% 0.000000% 0.000000% 0.000000% 0.081444% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 21 0 0 0 21 2,857,217.67 0.00 0.00 0.00 2,857,217.67 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 21 0 0 0 21 2,857,217.67 0.00 0.00 0.00 2,857,217.67 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.620201% 0.000000% 0.000000% 0.000000% 0.620201% 0.521343% 0.000000% 0.000000% 0.000000% 0.521343% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.620201% 0.000000% 0.000000% 0.000000% 0.620201% 0.521343% 0.000000% 0.000000% 0.000000% 0.521343%

~~(Former~~OTHER ~~Name~~INFORMATION orCurrent ~~Former~~Period ~~Address,~~Class ifA ~~Changed~~Insufficient ~~Since~~Funds ~~Last~~0.00 ~~Report)~~Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00

~~Check~~COLLATERAL ~~the~~STATEMENT ~~appropriate~~Collateral ~~box~~Description ~~below~~Mixed ifFixed ~~the~~& ~~Form~~Arm 8Weighted Average Gross Coupon 6.660988% Weighted Average Net Coupon 6.160988% Weighted Average Pass-KThrough ~~filing~~Rate is6.157488% ~~intended~~Weighted toAverage ~~simultaneously~~Maturity(Stepdown ~~satisfy~~Calculation) ~~the~~351 ~~filing~~Beginning ~~obligation~~Scheduled ofCollateral ~~the~~Loan ~~registrant~~Count ~~under~~4,236 ~~any~~Number ofOf ~~the~~Loans ~~following~~Paid ~~provisions:~~In Full 31 Ending Scheduled Collateral Loan Count 4,205 Beginning Scheduled Collateral Balance 670,999,177.81 Ending Scheduled Collateral Balance 663,792,696.77 Ending Actual Collateral Balance at 31-May-2005 664,340,752.56 Monthly P&I Constant 4,363,224.63 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 638,626.64 Unscheduled Principal 6,567,854.41

~~[ ]~~Net ~~Written~~Swap ~~communications~~Payment ~~pursuant to Rule 425 under the Securities Act (17 CFR 230~~0.~~425)~~00

~~[ ]~~Miscellaneous ~~Soliciting~~Reporting ~~material~~LIBOR ~~pursuant~~3.09 toOvercollateralization ~~Rule~~Amount ~~14a-12~~3,355,177.81 ~~under~~Overcollateralization ~~the~~Deficiency ~~Exchange~~Amount ~~Act~~0.00 ~~(17~~Overcollateralization ~~CFR~~Surplus ~~240~~Amount 0.~~14a-12)~~00 Specified Overcollateralization Amount 3,355,177.81

~~[ ]~~Group ~~Pre-commencement~~Level ~~communications~~Collateral ~~pursuant~~Statement toGroup ~~Rule~~1 ~~14d-~~2~~(b)~~ ~~under~~Total ~~the~~Collateral ~~Exchange~~Description ~~Act~~Fixed ~~(17~~15/30 ~~CFR~~& ~~240~~ARM Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.~~14d-~~805644 6.630500 6.660988 Weighted Average Net Rate 6.305644 6.130500 6.160988 Weighted Average Maturity 351 351 351 Beginning Loan Count 821 3,415 4,236 Loans Paid In Full 2~~(b))~~ 29 31 Ending Loan Count 819 3,386 4,205 Beginning Scheduled Balance 116,805,033.80 554,194,144.01 670,999,177.81 Ending Scheduled Balance 116,183,984.87 547,608,711.90 663,792,696.77 Record Date 05/31/2005 05/31/2005 05/31/2005 Principal And Interest Constant 793,290.31 3,569,934.32 4,363,224.63 Scheduled Principal 130,845.71 507,780.93 638,626.64 Unscheduled Principal 490,203.22 6,077,651.19 6,567,854.41 Scheduled Interest 662,444.60 3,062,153.39 3,724,597.99 Servicing Fees 48,668.76 230,914.23 279,582.99 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 340.68 1,616.40 1,957.08 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 613,435.16 2,829,622.76 3,443,057.92 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.302144 6.127000 6.157488

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events

The Registrant registered issuances of its Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2005-WF2 on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, as amended (the “Act”), by a Registration Statement on Form S-3 (Registration File No. 333-120575) (the “Registration Statement”). Pursuant to the Registration Statement, the Registrant issued $654,895,000 aggregate principal amount of Class A1, Class A2, Class A3, Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8 and Class M9 of its Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2005-WF2 on May 26, 2005. This Current Report on Form 8-K is being filed to satisfy an undertaking, contained in the definitive Prospectus dated January 25, 2005, as supplemented by the Prospectus Supplement dated January 25, 2005 (the “Prospectus Supplement”), to file a copy of the Trust Agreement (as defined below) and other operative agreements executed in connection with the issuance of the Certificates, a form of which was filed as an exhibit to the Registration Statement.

The Certificates were issued pursuant to a Trust Agreement (the “Trust Agreement”), attached hereto as Exhibit 4.1, dated as of May 1, 2005, among Structured Asset Securities Corporation, as depositor, Aurora Loan Services LLC, as Master Servicer, Wells Fargo Bank, N.A., as Securities Administrator and U.S. Bank National Association, as Trustee. The “Certificates” consist of the following classes: Class A1, Class A2, Class A3, Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8, Class M9, Class B1, Class B2, Class P, Class X and Class R. The Certificates evidence all of the beneficial ownership interest in a trust fund (the “Trust Fund”) that consists primarily of a pool of certain conventional, first lien, adjustable and fixed rate, fully amortizing and balloon, residential mortgage loans (the “Mortgage Loans”) with an aggregate outstanding principal balance of approximately $670,999,177 as of May 1, 2005. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to them in the Trust Agreement.

Item 9.01. Financial Statements and Exhibits

(a)

Not applicable.

(b)

Not applicable.

(c)

Exhibits:

4.1

Trust Agreement dated as of May 1, 2005, among Structured Asset Securities Corporation, as Depositor, Aurora Loan Services LLC, as Master Servicer, Wells Fargo Bank, N.A., as Securities Administrator and U.S. Bank National Association, as Trustee.

99.1

Mortgage Loan Sale and Assignment Agreement dated as of May 1, 2005, between Lehman Brothers Holdings Inc., as Seller, and Structured Asset Securities Corporation, as Purchaser.

99.2

Reconstituted Servicing Agreement dated as of May 1, 2005, by and among Lehman Brothers Holdings Inc., as Seller, Aurora Loan Services LLC, as Master Servicer, and Wells Fargo Bank, N.A., as Servicer.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

STRUCTURED ASSET SECURITIES

CORPORATION

By: /s/ Ellen V. Kiernan

Name: Ellen V. Kiernan

Title: Senior Vice President

Dated: May 26, 2005

EXHIBIT INDEX

Exhibit No.

Description

4.1

Trust Agreement dated as of May 1, 2005, among Structured Asset Securities Corporation, as Depositor, Aurora Loan Services LLC, as Master Servicer, The Murrayhill Company, as Credit Risk Manager, Wells Fargo Bank, N.A., as Securities Administrator and U.S. Bank National Association, as Trustee.

99.1

Mortgage Loan Sale and Assignment Agreement dated as of May 1, 2005, between Lehman Brothers Holdings Inc., as Seller, and Structured Asset Securities Corporation, as Purchaser.

99.2

Reconstituted Servicing Agreement dated as of May 1, 2005, by and among Lehman Brothers Holdings Inc., as Seller, Aurora Loan Services LCC, as Master Servicer, and Wells Fargo Bank, N.A., as Servicer.

Filing Compare · Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-WF2