8-K 1 dal05002_10507.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): July 25, 2005 DEUTSCHE ALT-A SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2005-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-100676-06 Pooling and Servicing Agreement) (Commission 54-2168090 (State or other File Number) 54-2168091 jurisdiction 54-2168092 of Incorporation) IRS EIN 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 July 25, 2005 a distribution was made to holders of DEUTSCHE ALT-A SECURITIES, INC., Mortgage Pass-Through Certificates, 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 Pass-Through Certificates, Series 2005-2 Trust, relating to the July 25, 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 2005-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 7/26/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-2 Trust, relating to the July 25, 2005 distribution. EX-99.1

DEUTSCHE ALT-A SECURITIES INC Mortgage Pass-Through Certificates Record Date: 56/3130/2005 Distribution Date: 67/2725/2005 DEUTSCHE ALT-A SECURITIES INC Mortgage Pass-Through Certificates 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 Class CUSIP Description Rate Balance Distribution I-A-1 251510DH3 SEN 3.~~49000~~71438% ~~198~~193,~~990~~631,~~335~~596.5947 ~~578~~599,~~730~~351.2311 I-A-2 251510DJ9 SEN 2.~~44149~~21162% 0.00 ~~404~~356,~~805~~811.7506 I-A-3 251510DK6 SEN 3.~~44000~~66438% 7169,~~067~~154,~~977~~141.0060 ~~203~~211,~~728~~172.2054 I-A-4 251510DL4 SEN 2.~~49149~~26162% 0.00 ~~147~~130,~~534~~313.6894 I-A-5 251510DM2 SEN 3.~~59000~~81438% ~~104~~101,~~488~~674,~~593~~752.3763 ~~312~~323,~~595~~188.0445 I-A-6 251510DN0 SEN 2.~~34149~~11162% 0.00 ~~203~~178,~~882~~886.9638 I-A-7 251510DP5 SEN 5.~~93149~~92600% 98,817,000.00 ~~488~~487,~~416~~963.0612 II-A-1 251510DQ3 SEN 3.~~39000~~61438% 3938,~~851~~980,~~912~~775.7517 ~~112~~117,~~581~~409.6545 II-A-2 251510DR1 SEN 1.~~96365~~73743% 0.00 7076,~~438~~189.3456 II-A-3 251510DS9 SEN 5.~~35365~~35181% 10,305,000.00 45,~~974~~958.4869 M 251510DU4 SUB 5.~~87731~~87229% 13,~~525~~508,~~587~~806.8616 66,~~245~~106.0733 B-1 251510DV2 SUB 5.~~87731~~87229% 6,~~618~~610,~~872~~660.9062 32,~~417~~349.6475 B-2 251510DW0 SUB 5.~~87731~~87229% 3,~~741~~736,~~149~~507.7294 18,~~323~~284.2587 B-3 251510DX8 SUB 5.~~87731~~87229% 2,~~302~~299,~~238~~381.3285 11,~~275~~247.8116 B-4 251510DY6 SUB 5.~~87731~~87229% 2,~~014~~011,~~396~~896.2692 9,~~866~~842.0313 B-5 251510DZ3 SUB 5.~~87731~~87229% 3,~~741~~736,~~153~~511.5475 18,~~323~~284.2789 R 251510DT7 SEN 5.~~35181~~35058% 0.00 0.00 Totals ~~555~~544,~~464~~467,~~217~~031.3111 2,~~725~~683,~~138~~359.4643

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses I-A-1 5,~~358~~853,~~739~~157.1260 0.00 ~~193~~187,~~631~~778,~~596~~438.4787 56,~~937~~452,~~469~~508.3571 0.00 I-A-2 0.00 0.00 0.00 ~~404~~356,~~805~~811.7506 0.00 I-A-3 12,~~913~~090,~~835~~413.4043 0.00 6967,~~154~~063,~~141~~728.6017 2,~~117~~301,~~563~~585.6097 0.00 I-A-4 0.00 0.00 0.00 ~~147~~130,~~534~~313.6894 0.00 I-A-5 23,~~813~~073,~~840~~456.7482 0.00 ~~101~~98,~~674~~601,~~752~~295.6381 3,~~126~~396,~~435~~645.7827 0.00 I-A-6 0.00 0.00 0.00 ~~203~~178,~~882~~886.9638 0.00 I-A-7 0.00 0.00 98,817,000.00 ~~488~~487,~~416~~963.0612 0.00 II-A-1 ~~871~~509,~~137~~802.5840 0.00 38,~~980~~470,~~775~~972.1777 ~~983~~627,~~719~~211.2385 0.00 II-A-2 0.00 0.00 0.00 7076,~~438~~189.3456 0.00 II-A-3 0.00 0.00 10,305,000.00 45,~~974~~958.4869 0.00 M 16,~~781~~907.7008 0.00 13,~~508~~491,~~806~~899.1608 83,~~026~~013.7741 0.00 B-1 8,~~212~~273.2864 0.00 6,~~610~~602,~~660~~386.6298 40,~~629~~623.9239 0.00 B-2 4,~~641~~676.7846 0.00 3,~~736~~731,~~507~~831.9448 22,~~965~~961.0333 0.00 B-3 2,~~856~~877.4781 0.00 2,~~299~~296,~~381~~504.8503 14,~~132~~124.2897 0.00 B-4 2,~~499~~518.3401 0.00 2,~~011~~009,~~896~~378.9291 12,~~365~~360.3714 0.00 B-5 4,~~641~~676.7847 0.00 3,~~736~~731,~~511~~835.7528 22,~~965~~961.0536 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 1011,~~997~~566,~~186~~759.1972 0.00 ~~544~~532,~~467~~900,~~031~~271.1138 1314,~~722~~250,~~324~~119.6515 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) I-A-1 210,000,000.00 ~~198~~193,~~990~~631,~~335~~596.5947 ~~250~~247,~~081~~031.4071 5,~~108~~606,~~657~~125.7289 0.00 0.00 I-A-2 0.00 0.00 0.00 0.00 0.00 0.00 I-A-3 75,000,000.00 7169,~~067~~154,~~977~~141.0060 8988,~~314~~225.7961 12,~~824~~002,~~520~~187.6182 0.00 0.00 I-A-4 0.00 0.00 0.00 0.00 0.00 0.00 I-A-5 110,269,700.00 ~~104~~101,~~488~~674,~~593~~752.3763 ~~131~~129,~~316~~714.1982 2,~~682~~943,~~524~~742.5400 0.00 0.00 I-A-6 0.00 0.00 0.00 0.00 0.00 0.00 I-A-7 98,817,000.00 98,817,000.00 0.00 0.00 0.00 0.00 II-A-1 41,217,800.00 3938,~~851~~980,~~912~~775.7517 ~~181~~180,~~639~~074.8459 ~~689~~329,~~497~~727.7481 0.00 0.00 II-A-2 0.00 0.00 0.00 0.00 0.00 0.00 II-A-3 10,305,000.00 10,305,000.00 0.00 0.00 0.00 0.00 M 13,575,300.00 13,~~525~~508,~~587~~806.8616 16,~~781~~907.7008 0.00 0.00 0.00 B-1 6,643,200.00 6,~~618~~610,~~872~~660.9062 8,~~212~~273.2864 0.00 0.00 0.00 B-2 3,754,900.00 3,~~741~~736,~~149~~507.7294 4,~~641~~676.7846 0.00 0.00 0.00 B-3 2,310,700.00 2,~~302~~299,~~238~~381.3285 2,~~856~~877.4781 0.00 0.00 0.00 B-4 2,021,800.00 2,~~014~~011,~~396~~896.2692 2,~~499~~518.3401 0.00 0.00 0.00 B-5 3,754,903.00 3,~~741~~736,~~153~~511.5475 4,~~641~~676.7847 0.00 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 Totals 577,670,403.00 ~~555~~544,~~464~~467,~~217~~031.3111 ~~691~~684,~~985~~976.5720 10,~~305~~881,~~200~~783.6152 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 I-A-1 5,~~358~~853,~~739~~157.1260 ~~193~~187,~~631~~778,~~596~~438.4787 0.~~92205522~~89418304 5,~~358~~853,~~739~~157.1260 I-A-2 0.00 0.00 0.00000000 0.00 I-A-3 12,~~913~~090,~~835~~413.4043 6967,~~154~~063,~~141~~728.6017 0.~~92205522~~89418304 12,~~913~~090,~~835~~413.4043 I-A-4 0.00 0.00 0.00000000 0.00 I-A-5 23,~~813~~073,~~840~~456.7482 ~~101~~98,~~674~~601,~~752~~295.6381 0.~~92205522~~89418304 23,~~813~~073,~~840~~456.7482 I-A-6 0.00 0.00 0.00000000 0.00 I-A-7 0.00 98,817,000.00 1.00000000 0.00 II-A-1 ~~871~~509,~~137~~802.5840 38,~~980~~470,~~775~~972.1777 0.~~94572673~~93335823 ~~871~~509,~~137~~802.5840 II-A-2 0.00 0.00 0.00000000 0.00 II-A-3 0.00 10,305,000.00 1.00000000 0.00 M 16,~~781~~907.7008 13,~~508~~491,~~806~~899.1608 0.~~99510185~~99385642 16,~~781~~907.7008 B-1 8,~~212~~273.2864 6,~~610~~602,~~660~~386.6298 0.~~99510185~~99385642 8,~~212~~273.2864 B-2 4,~~641~~676.7846 3,~~736~~731,~~507~~831.9448 0.~~99510185~~99385642 4,~~641~~676.7846 B-3 2,~~856~~877.4781 2,~~299~~296,~~381~~504.8503 0.~~99510185~~99385642 2,~~856~~877.4781 B-4 2,~~499~~518.3401 2,~~011~~009,~~896~~378.9291 0.~~99510185~~99385642 2,~~499~~518.3401 B-5 4,~~641~~676.7847 3,~~736~~731,~~511~~835.7528 0.~~99510207~~99385664 4,~~641~~676.7847 R 0.00 0.00 0.00000000 0.00 Totals 1011,~~997~~566,~~186~~759.1972 ~~544~~532,~~467~~900,~~031~~271.1138 0.~~94252194~~92249883 1011,~~997~~566,~~186~~759.1972

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 210,000,000.00 ~~947~~922.~~57302662~~05522129 1.~~19086381~~17634148 2426.~~32694152~~69583757 0.00000000 I-A-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 75,000,000.00 ~~947~~922.~~57302667~~05522133 1.~~19086387~~17634147 2426.~~32694147~~69583760 0.00000000 I-A-4 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-5 110,269,700.00 ~~947~~922.~~57302659~~05522124 1.~~19086376~~17634146 2426.~~32694149~~69583757 0.00000000 I-A-6 0.00 0.00000000 0.00000000 0.00000000 0.00000000 I-A-7 98,817,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-1 41,217,800.00 ~~966~~945.~~86171387~~72672899 4.~~40683006~~36885496 167.~~72815483~~99964603 0.00000000 II-A-2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-3 10,305,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M 13,575,300.00 ~~996~~995.~~33804483~~10185116 1.~~23619368~~24542957 0.00000000 0.00000000 B-1 6,643,200.00 ~~996~~995.~~33804492~~10185152 1.~~23619340~~24542991 0.00000000 0.00000000 B-2 3,754,900.00 ~~996~~995.~~33804362~~10185091 1.~~23619271~~24542864 0.00000000 0.00000000 B-3 2,310,700.00 ~~996~~995.~~33804475~~10185225 1.~~23619250~~24542779 0.00000000 0.00000000 B-4 2,021,800.00 ~~996~~995.~~33804531~~10184984 1.~~23619547~~24542982 0.00000000 0.00000000 B-5 3,754,903.00 ~~996~~995.~~33826493~~10207055 1.~~23619172~~24543031 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 2527.~~51780533~~87217905 ~~922~~894.~~05522129~~18304224 0.~~92205522~~89418304 2527.~~51780533~~87217905 I-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-3 0.00000000 2527.~~51780533~~87217907 ~~922~~894.~~05522133~~18304227 0.~~92205522~~89418304 2527.~~51780533~~87217907 I-A-4 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-5 0.00000000 2527.~~51780534~~87217903 ~~922~~894.~~05522124~~18304221 0.~~92205522~~89418304 2527.~~51780534~~87217903 I-A-6 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 I-A-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-1 0.00000000 2112.~~13498489~~36850099 ~~945~~933.~~72672899~~35822800 0.~~94572673~~93335823 2112.~~13498489~~36850099 II-A-2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M 0.00000000 1.~~23619368~~24542957 ~~995~~993.~~10185116~~85642159 0.~~99510185~~99385642 1.~~23619368~~24542957 B-1 0.00000000 1.~~23619340~~24542991 ~~995~~993.~~10185152~~85642160 0.~~99510185~~99385642 1.~~23619340~~24542991 B-2 0.00000000 1.~~23619271~~24542864 ~~995~~993.~~10185091~~85642227 0.~~99510185~~99385642 1.~~23619271~~24542864 B-3 0.00000000 1.~~23619250~~24542779 ~~995~~993.~~10185225~~85642013 0.~~99510185~~99385642 1.~~23619250~~24542779 B-4 0.00000000 1.~~23619547~~24542982 ~~995~~993.~~10184984~~85642002 0.~~99510185~~99385642 1.~~23619547~~24542982 B-5 0.00000000 1.~~23619172~~24543031 ~~995~~993.~~10207055~~85664024 0.~~99510207~~99385664 1.~~23619172~~24543031 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-1 210,000,000.00 3.~~49000~~71438% ~~198~~193,~~990~~631,~~335~~596.5947 ~~578~~599,~~730~~351.2311 0.00 0.00 I-A-2 0.00 2.~~44149~~21162% ~~198~~193,~~990~~631,~~335~~596.5947 ~~404~~356,~~805~~866.7551 0.00 0.00 I-A-3 75,000,000.00 3.~~44000~~66438% 7169,~~067~~154,~~977~~141.0060 ~~203~~211,~~728~~172.2054 0.00 0.00 I-A-4 0.00 2.~~49149~~26162% 7169,~~067~~154,~~977~~141.0060 ~~147~~130,~~534~~333.6875 0.00 0.00 I-A-5 110,269,700.00 3.~~59000~~81438% ~~104~~101,~~488~~674,~~593~~752.3763 ~~312~~323,~~595~~188.0445 0.00 0.00 I-A-6 0.00 2.~~34149~~11162% ~~104~~101,~~488~~674,~~593~~752.3763 ~~203~~178,~~882~~915.9650 0.00 0.00 I-A-7 98,817,000.00 5.~~93149~~92600% 98,817,000.00 ~~488~~487,~~416~~991.0641 0.00 0.00 II-A-1 41,217,800.00 3.~~39000~~61438% 3938,~~851~~980,~~912~~775.7517 ~~112~~117,~~581~~409.6545 0.00 0.00 II-A-2 0.00 1.~~96365~~73743% 3938,~~851~~980,~~912~~775.7517 6556,~~212~~438.7170 0.00 0.00 II-A-3 10,305,000.00 5.~~35365~~35181% 10,305,000.00 45,~~974~~958.4869 0.00 0.00 M 13,575,300.00 5.~~87731~~87229% 13,~~525~~508,~~587~~806.8616 66,~~245~~106.0733 0.00 0.00 B-1 6,643,200.00 5.~~87731~~87229% 6,~~618~~610,~~872~~660.9062 32,~~417~~349.6475 0.00 0.00 B-2 3,754,900.00 5.~~87731~~87229% 3,~~741~~736,~~149~~507.7294 18,~~323~~284.2587 0.00 0.00 B-3 2,310,700.00 5.~~87731~~87229% 2,~~302~~299,~~238~~381.3285 11,~~275~~247.8161 0.00 0.00 B-4 2,021,800.00 5.~~87731~~87229% 2,~~014~~011,~~396~~896.2692 9,~~866~~842.0313 0.00 0.00 B-5 3,754,903.00 5.~~87731~~87229% 3,~~741~~736,~~153~~511.5475 18,~~323~~284.2789 0.00 0.00 R 100.00 5.~~35181~~35058% 0.00 0.00 0.00 0.00 Totals 577,670,403.00 2,~~719~~663,~~912~~741.8369 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 ~~578~~599,~~730~~351.2311 0.00 ~~193~~187,~~631~~778,~~596~~438.4787 I-A-2 0.00 0.00 ~~404~~356,~~805~~811.7506 0.00 ~~193~~187,~~631~~778,~~596~~438.4787 I-A-3 0.00 0.00 ~~203~~211,~~728~~172.2054 0.00 6967,~~154~~063,~~141~~728.6017 I-A-4 0.00 0.00 ~~147~~130,~~534~~313.6894 0.00 6967,~~154~~063,~~141~~728.6017 I-A-5 0.00 0.00 ~~312~~323,~~595~~188.0445 0.00 ~~101~~98,~~674~~601,~~752~~295.6381 I-A-6 0.00 0.00 ~~203~~178,~~882~~886.9638 0.00 ~~101~~98,~~674~~601,~~752~~295.6381 I-A-7 0.00 0.00 ~~488~~487,~~416~~963.0612 0.00 98,817,000.00 II-A-1 0.00 0.00 ~~112~~117,~~581~~409.6545 0.00 38,~~980~~470,~~775~~972.1777 II-A-2 0.00 0.00 7076,~~438~~189.3456 0.00 38,~~980~~470,~~775~~972.1777 II-A-3 0.00 0.00 45,~~974~~958.4869 0.00 10,305,000.00 M 0.00 0.00 66,~~245~~106.0733 0.00 13,~~508~~491,~~806~~899.1608 B-1 0.00 0.00 32,~~417~~349.6475 0.00 6,~~610~~602,~~660~~386.6298 B-2 0.00 0.00 18,~~323~~284.2587 0.00 3,~~736~~731,~~507~~831.9448 B-3 0.00 0.00 11,~~275~~247.8116 0.00 2,~~299~~296,~~381~~504.8503 B-4 0.00 0.00 9,~~866~~842.0313 0.00 2,~~011~~009,~~896~~378.9291 B-5 0.00 0.00 18,~~323~~284.2789 0.00 3,~~736~~731,~~511~~835.7528 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,~~725~~683,~~138~~359.4643 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-1 210,000,000.00 3.~~49000~~71438% ~~947~~922.~~57302662~~05522129 2.~~75585824~~85405290 0.00000000 0.00000000 I-A-2 0.00 2.~~44149~~21162% ~~947~~922.~~57302662~~05522129 1.~~92764643~~69936433 0.00000000 0.00000000 I-A-3 75,000,000.00 3.~~44000~~66438% ~~947~~922.~~57302667~~05522133 2.~~71637600~~81563387 0.00000000 0.00000000 I-A-4 0.00 2.~~49149~~26162% ~~947~~922.~~57302667~~05522133 1.~~96712907~~73778333 0.00000000 0.00000000 I-A-5 110,269,700.00 3.~~59000~~81438% ~~947~~922.~~57302659~~05522124 2.~~83482262~~93089081 0.00000000 0.00000000 I-A-6 0.00 2.~~34149~~11162% ~~947~~922.~~57302659~~05522124 1.~~84894817~~62252641 0.00000000 0.00000000 I-A-7 98,817,000.00 5.~~93149~~92600% 1000.00000000 4.~~94263194~~93833460 0.00000000 0.00000000 II-A-1 41,217,800.00 3.~~39000~~61438% ~~966~~945.~~86171387~~72672899 2.~~73138426~~84851326 0.00000000 0.00000000 II-A-2 0.00 1.~~96365~~73743% ~~966~~945.~~86171387~~72672899 1.~~58214922~~36927978 0.00000000 0.00000000 II-A-3 10,305,000.00 5.~~35365~~35181% 1000.00000000 4.~~46137603~~45984377 0.00000000 0.00000000 M 13,575,300.00 5.~~87731~~87229% ~~996~~995.~~33804483~~10185116 4.~~87982365~~86960362 0.00000000 0.00000000 B-1 6,643,200.00 5.~~87731~~87229% ~~996~~995.~~33804492~~10185152 4.~~87982298~~86960350 0.00000000 0.00000000 B-2 3,754,900.00 5.~~87731~~87229% ~~996~~995.~~33804362~~10185091 4.~~87982370~~86960239 0.00000000 0.00000000 B-3 2,310,700.00 5.~~87731~~87229% ~~996~~995.~~33804475~~10185225 4.~~87982430~~86762020 0.00000000 0.00000000 B-4 2,021,800.00 5.~~87731~~87229% ~~996~~995.~~33804531~~10184984 4.~~87982491~~86800376 0.00000000 0.00000000 B-5 3,754,903.00 5.~~87731~~87229% ~~996~~995.~~33826493~~10207055 4.~~87982512~~86960382 0.00000000 0.00000000 R 100.00 5.~~35181~~35058% 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.~~75585824~~85405290 0.00000000 ~~922~~894.~~05522129~~18304224 I-A-2 0.00000000 0.00000000 1.~~92764643~~69910029 0.00000000 ~~922~~894.~~05522129~~18304224 I-A-3 0.00000000 0.00000000 2.~~71637600~~81563387 0.00000000 ~~922~~894.~~05522133~~18304227 I-A-4 0.00000000 0.00000000 1.~~96712907~~73751920 0.00000000 ~~922~~894.~~05522133~~18304227 I-A-5 0.00000000 0.00000000 2.~~83482262~~93089081 0.00000000 ~~922~~894.~~05522124~~18304221 I-A-6 0.00000000 0.00000000 1.~~84894817~~62226233 0.00000000 ~~922~~894.~~05522124~~18304221 I-A-7 0.00000000 0.00000000 4.~~94263194~~93804831 0.00000000 1000.00000000 II-A-1 0.00000000 0.00000000 2.~~73138426~~84851326 0.00000000 ~~945~~933.~~72672899~~35822800 II-A-2 0.00000000 0.00000000 1.~~70893012~~84846256 0.00000000 ~~945~~933.~~72672899~~35822800 II-A-3 0.00000000 0.00000000 4.~~46137603~~45984377 0.00000000 1000.00000000 M 0.00000000 0.00000000 4.~~87982365~~86960362 0.00000000 ~~995~~993.~~10185116~~85642159 B-1 0.00000000 0.00000000 4.~~87982298~~86960350 0.00000000 ~~995~~993.~~10185152~~85642160 B-2 0.00000000 0.00000000 4.~~87982370~~86960239 0.00000000 ~~995~~993.~~10185091~~85642227 B-3 0.00000000 0.00000000 4.~~87982430~~86742546 0.00000000 ~~995~~993.~~10185225~~85642013 B-4 0.00000000 0.00000000 4.~~87982491~~86800376 0.00000000 ~~995~~993.~~10184984~~85642002 B-5 0.00000000 0.00000000 4.~~87982512~~86960382 0.00000000 ~~995~~993.~~10207055~~85664024 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 1314,~~836~~348,~~700~~524.6711 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 45,~~759~~479.8332 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 519,~~225~~750.6386 Total Deposits 1314,~~846~~373,~~686~~754.1329 Withdrawals Reimbursement for Servicer Advances 34,~~085~~759.1283 Payment of Service Fee ~~121~~118,~~276~~875.3631 Payment of Interest and Principal 1314,~~722~~250,~~324~~119.6515 Total Withdrawals (Pool Distribution Amount) 1314,~~846~~373,~~686~~754.1329 Ending Balance 0.00

SERVICING FEES Gross Servicing Fee ~~115~~113,~~721~~430.7163 Credit Risk Manager Fee - The Murrayhill Company 4,~~628~~537.8723 Master Servicing Fee Wells Fargo ~~925~~907.7845 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~121~~118,~~276~~875.3631

LOAN STATUS 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 34 0 0 0 34 ~~253~~346,~~697~~362.8164 0.00 0.00 0.00 ~~253~~346,~~697~~362.8164 60 Days 13 0 20 0 3 ~~260~~253,~~466~~697.4881 0.00 ~~247,978~~0.9000 0.00 ~~508~~253,~~445~~697.3881 90 Days 0 0 02 0 02 0.00 0.00 0247,978.0090 0.00 0247,978.0090 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 47 0 2 0 69 ~~514~~600,~~164~~060.2945 0.00 247,978.90 0.00 ~~762~~848,~~143~~039.1935 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.~~089233~~120956% 0.000000% 0.000000% 0.000000% 0.~~089233~~120956% 0.~~046551~~064931% 0.000000% 0.000000% 0.000000% 0.~~046551~~064931% 60 Days 0.~~029744~~090717% 0.000000% 0.~~059488~~000000% 0.000000% 0.~~089233~~090717% 0.~~047793~~047560% 0.000000% 0.~~045502~~000000% 0.000000% 0.~~093294~~047560% 90 Days 0.000000% 0.000000% 0.~~000000~~060478% 0.000000% 0.~~000000~~060478% 0.000000% 0.000000% 0.~~000000~~046488% 0.000000% 0.~~000000~~046488% 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.~~118977~~211672% 0.000000% 0.~~059488~~060478% 0.000000% 0.~~178465~~272150% 0.~~094344~~112491% 0.000000% 0.~~045502~~046488% 0.000000% 0.~~139845~~158979%

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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 34 0 0 0 34 ~~253~~346,~~697~~362.8164 0.00 0.00 0.00 ~~253~~346,~~697~~362.8164 60 Days 13 0 20 0 3 ~~260~~253,~~466~~697.4881 0.00 ~~247,978~~0.9000 0.00 ~~508~~253,~~445~~697.3881 90 Days 0 0 02 0 02 0.00 0.00 0247,978.0090 0.00 0247,978.0090 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 47 0 2 0 69 ~~514~~600,~~164~~060.2945 0.00 247,978.90 0.00 ~~762~~848,~~143~~039.1935 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.~~100908~~137080% 0.000000% 0.000000% 0.000000% 0.~~100908~~137080% 0.~~051504~~071929% 0.000000% 0.000000% 0.000000% 0.~~051504~~071929% 60 Days 0.~~033636~~102810% 0.000000% 0.~~067272~~000000% 0.000000% 0.~~100908~~102810% 0.~~052879~~052685% 0.000000% 0.~~050343~~000000% 0.000000% 0.~~103222~~052685% 90 Days 0.000000% 0.000000% 0.~~000000~~068540% 0.000000% 0.~~000000~~068540% 0.000000% 0.000000% 0.~~000000~~051497% 0.000000% 0.~~000000~~051497% 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.~~134544~~239890% 0.000000% 0.~~067272~~068540% 0.000000% 0.~~201816~~308430% 0.~~104383~~124614% 0.000000% 0.~~050343~~051497% 0.000000% 0.~~154726~~176111% 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 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 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 45,~~759~~479.8332

SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class IA1 367,670,303.00 63.64707298% ~~350~~345,~~835~~121,~~434~~832.6451 64.~~43648838~~76293063% 35.~~563512~~237070% 0.000000% Class IA2 367,670,303.00 63.64707298% ~~350~~345,~~835~~121,~~434~~832.6451 64.~~43648838~~76293063% 0.000000% 0.000000% Class IA3 292,670,303.00 50.66389095% ~~281~~278,~~681~~058,~~293~~104.0434 5152.~~73523417~~17826294% 12.~~701254~~584668% 0.000000% Class IA4 292,670,303.00 50.66389095% ~~281~~278,~~681~~058,~~293~~104.0434 5152.~~73523417~~17826294% 0.000000% 0.000000% Class IA5 182,400,603.00 31.57520310% ~~180~~179,~~006~~456,~~540~~808.4153 33.~~06105428~~67549586% 18.~~674180~~502767% 0.000000% Class IA6 182,400,603.00 31.57520310% ~~180~~179,~~006~~456,~~540~~808.4153 33.~~06105428~~67549586% 0.000000% 0.000000% Class IA7 83,583,603.00 14.46908177% 8180,~~189~~639,~~540~~808.4153 1415.~~91174597~~13225138% 18.~~149308~~543244% 0.000000% Class 2A1 42,365,803.00 7.33390577% 42,~~208~~168,~~765~~835.2476 7.~~75230875~~91308207% 7.~~159437~~219169% 0.000000% Class 2A2 42,365,803.00 7.33390577% 42,~~208~~168,~~765~~835.2476 7.~~75230875~~91308207% 0.000000% 0.000000% Class 2A3 32,060,803.00 5.55001656% 31,~~903~~863,~~765~~835.2476 5.~~85963217~~97932437% 1.~~892677~~933758% 0.000000% Class M 18,485,503.00 3.20000867% 18,~~394~~371,~~959~~936.0868 3.~~37852580~~44753750% 2.~~481106~~531787% 0.000000% Class B-1 11,842,303.00 2.05001034% 11,~~784~~769,~~298~~549.4670 2.~~16437320~~20858392% 1.~~214153~~238954% 0.000000% Class B-2 8,087,403.00 1.40000300% 8,~~047~~037,~~790~~718.5222 1.~~47810429~~50829689% 0.~~686269~~700287% 0.000000% Class B-3 5,776,703.00 0.99999982% 5,~~748~~741,~~408~~214.6719 1.~~05578637~~07735246% 0.~~422318~~430944% 0.000000% Class B-4 3,754,903.00 0.65000786% 3,~~736~~731,~~511~~835.7528 0.~~68626961~~70028774% 0.~~369517~~377065% 0.000000% Class B-5 0.00 0.00000000% 0.00 0.00000000% 0.~~686270~~700288% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure

CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 100,000.00 0.01731091% 100,000.00 0.~~01836659~~01876524% Fraud 16,861,437.35 2.91886814% 16,861,437.35 3.~~09687023~~16408872% Special Hazard 5,231,199.22 0.90556816% 5,231,199.22 0.~~96079265~~98164694% Limit of Subordinate's Exposure to Certain Types of Losses

REO Detail - All Mortgage Loans in REO during Current Period

~~COLLATERAL~~Summary ~~STATEMENT~~12 ~~Collateral~~Month ~~Description~~REO ~~Fixed~~History* ~~Weighted~~New ~~Average~~REO ~~Gross~~Loans ~~Coupon~~Month 6REO Percentage Loans in REO 0 Aug-04 0.~~146376~~000% ~~Weighted~~Original ~~Average~~Principal ~~Net~~Balance ~~Coupon~~0.00 5Sep-04 0.~~896376~~000% ~~Weighted~~Current ~~Average~~Principal ~~Pass~~Balance 0.00 Oct-~~Through~~04 ~~Rate~~0.000% 5Nov-04 0.~~875961~~000% ~~Weighted~~Current ~~Average~~REO ~~Maturity(Stepdown~~Total ~~Calculation)~~Dec-04 ~~337~~0.000% ~~Beginning~~Loans ~~Scheduled~~in ~~Collateral~~REO ~~Loan~~0 ~~Count~~Jan-05 ~~3,409~~0.000% ~~Number~~Original OfPrincipal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. GROUP 1 12 Month REO History* New REO Loans ~~Paid~~Month InREO ~~Full~~Percentage 47Loans ~~Ending~~in ~~Scheduled~~REO ~~Collateral~~0 ~~Loan~~Aug-04 ~~Count~~0.000% ~~3,362~~Original ~~Beginning~~Principal ~~Scheduled~~Balance ~~Collateral~~0.00 Sep-04 0.000% Current Principal Balance ~~555,464,216~~0.4000 ~~Ending~~Oct-04 ~~Scheduled~~0.000% ~~Collateral~~Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance ~~544,467,030~~0.2000 ~~Ending~~Feb-05 ~~Actual~~0.000% ~~Collateral~~Current Principal Balance at0.00 31Mar-05 0.000% Apr-05 0.000% May-~~2005~~05 ~~544,990,038~~0.53000% ~~Monthly~~Jun-05 ~~P&I~~0.000% ~~Constant~~Jul-05 ~~3,537,062~~0.20000% ~~Special~~*The ~~Servicing~~text ~~Fee~~reported 0in the above table is presented graphically on the monthly bond remittance report.00 ~~Prepayment~~The ~~Penalties~~monthly ~~5,225~~bond remittance report can be viewed online at www.63ctslink.com. ~~Realized~~GROUP ~~Loss~~2 ~~Amount~~12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000% Original Principal Balance 0.00 ~~Cumulative~~Sep-04 ~~Realized~~0.000% ~~Loss~~Current Principal Balance 0.00 ~~Scheduled~~Oct-04 0.000% Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal ~~691,985~~Balance 0.5800 ~~Unscheduled~~Feb-05 0.000% Current Principal ~~10,305,200~~Balance 0.6200 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.

~~Group~~REO Level Collateral Statement Group GROUP 1 GROUP 2 Total Collateral Description Mixed Fixed Mixed Fixed Fixed Weighted Average Coupon Rate 6.202446 5.616491 6.146376 Weighted Average Net Rate 5.952446 5.366491 5.896376 Weighted Average Maturity 354 174 337 Beginning Loan ~~Count~~Detail ~~3,017~~- ~~392~~All ~~3,409~~Mortgage Loans ~~Paid~~in InREO ~~Full~~during 44Current 3Period 47Month ~~Ending~~ Loan ~~Count~~First ~~2,973~~Original ~~389~~Loan ~~3,362~~Entered ~~Beginning~~Payment ~~Scheduled~~LTV ~~Balance~~at ~~502,311,949.44~~Principal ~~53,152,266.96~~Group ~~555,464,216.40~~Number ~~Ending~~REO ~~Scheduled Balance 492,196,748.29 52,270,281.91 544,467,030.20 Record~~ Date ~~05/31/2005~~State ~~05/31/2005~~Origination ~~05/31/2005~~Balance ~~Principal~~No ~~And~~REO ~~Interest~~loans ~~Constant~~this ~~3,095,800~~period.53 441,261.67 3,537,062.20 Scheduled Principal 499,498.27 192,487.31 691,985.58 Unscheduled Principal 9,615,702.88 689,497.74 10,305,200.62 Scheduled Interest 2,596,302.26 248,774.36 2,845,076.62 Servicing Fees 104,648.32 11,073.39 115,721.71 Master Servicing Fees 837.19 88.59 925.78 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 8,043.96 480.19 8,524.15 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 2,482,772.79 237,132.19 2,719,904.98 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 5.931229 5.353650 5.875961

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Prepayment - Voluntary Prepayments

Realized Loss Report - Collateral Summary

Filing Compare · Deutsche Alt-A Securities, Inc. Mortgage Loan Trust, Series 2005-2