8-K 1 mlm05nc1_10508.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): August 25, 2005 MERRILL LYNCH MORTGAGE INVESTORS TRUST Mortgage Loan Asset-Backed Certificates, Series 2005-NC1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-121605-02 54-2168018 Pooling and Servicing Agreement) (Commission 54-2168019 (State or other File Number) 54-6651118 jurisdiction 54-6651119 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 August 25, 2005 a distribution was made to holders of MERRILL LYNCH MORTGAGE INVESTORS TRUST, Mortgage Loan Asset-Backed Certificates, Series 2005-NC1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset-Backed Certificates, Series 2005-NC1 Trust, relating to the August 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. MERRILL LYNCH MORTGAGE INVESTORS TRUST Mortgage Loan Asset-Backed Certificates, Series 2005-NC1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/30/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Loan Asset-Backed Certificates, Series 2005-NC1 Trust, relating to the August 25, 2005 distribution. EX-99.1

Merrill Lynch Mortgage Loans, Inc. Mortgage Loan Asset-Backed Certificates Record Date: 57/3129/2005 Distribution Date: 68/2725/2005 Merrill Lynch Mortgage Loans, Inc. Mortgage Loan Asset-Backed Certificates Series 2005-NC1 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 R 59020URW7 SEN 3.~~47000~~84000% 0.00 0.00 A-1A 59020URJ6 SEN 3.~~47000~~84000% ~~447~~396,~~592~~197,~~450~~022.7340 1,~~423~~309,~~716~~746.9975 A-1B 59020URK3 SEN 3.~~37000~~74000% 4944,~~732~~021,~~494~~891.5338 ~~153~~141,~~631~~737.9664 A-2A 59020URL1 SEN 3.~~20000~~57000% 8863,~~949~~785,~~278~~033.7780 ~~260~~196,~~917~~034.8823 A-2B 59020URM9 SEN 3.~~31000~~68000% 71,750,000.00 ~~217~~227,~~701~~307.4695 A-2C 59020URN7 SEN 3.~~44000~~81000% 19,396,000.00 6163,~~162~~618.0530 M-1 59020URP2 MEZ 3.~~57000~~94000% 65,200,000.00 ~~213~~221,~~367~~153.0021 M-2 59020URQ0 MEZ 34.~~81000~~18000% 40,434,000.00 ~~141~~145,~~215~~505.7427 M-3 59020URR8 MEZ 34.~~86000~~23000% 25,271,000.00 8992,~~417~~027.2295 B-1 59020URS6 SUB 4.~~27000~~64000% 10,108,000.00 3940,~~564~~378.4041 B-2 59020URT4 SUB 4.~~39000~~76000% 10,108,000.00 4041,~~676~~422.2890 B-3 59020URU1 SUB 5.~~14000~~51000% 9,097,000.00 4243,~~862~~154.0394 B-4 59020URV9 SUB 6.~~52765~~94131% 7,076,000.00 42,~~340~~288.4989 B-5 59020URZ0 SUB 6.~~52765~~94131% 10,108,000.00 60,~~482~~409.9928 B-6 59020USA4 SUB 6.~~52765~~94131% 10,107,000.00 60,~~477~~403.0130 C 59020URY3 SUB 0.00000% 12,124,~~435~~536.7511 21,~~114~~795,~~268~~789.2420 P 59020URX5 SUB 0.00000% 0.00 ~~512~~658,~~142~~099.9098 Totals ~~877~~794,~~053~~783,~~659~~483.7869 5,~~473~~139,~~944~~078.6420

Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses R 0.00 0.00 0.00 0.00 0.00 A-1A 2225,~~251~~750,~~880~~446.7935 0.00 ~~425~~370,~~340~~446,~~569~~576.9305 2327,~~675~~060,~~597~~193.7810 0.00 A-1B 2,~~472~~861,~~431~~160.2071 0.00 4741,~~260~~160,~~063~~730.3367 23,~~626~~002,~~063~~898.1635 0.00 A-2A 109,~~828~~394,~~891~~680.0680 0.00 7854,~~120~~390,~~387~~353.7100 119,~~089~~590,~~808~~715.9403 0.00 A-2B 0.00 0.00 71,750,000.00 ~~217~~227,~~701~~307.4695 0.00 A-2C 0.00 0.00 19,396,000.00 6163,~~162~~618.0530 0.00 M-1 0.00 0.00 65,200,000.00 ~~213~~221,~~367~~153.0021 0.00 M-2 0.00 0.00 40,434,000.00 ~~141~~145,~~215~~505.7427 0.00 M-3 0.00 0.00 25,271,000.00 8992,~~417~~027.2295 0.00 B-1 0.00 0.00 10,108,000.00 3940,~~564~~378.4041 0.00 B-2 0.00 0.00 10,108,000.00 4041,~~676~~422.2890 0.00 B-3 0.00 0.00 9,097,000.00 4243,~~862~~154.0394 0.00 B-4 0.00 0.00 7,076,000.00 42,~~340~~288.4989 0.00 B-5 0.00 0.00 10,108,000.00 60,~~482~~409.9928 0.00 B-6 0.00 0.00 10,107,000.00 60,~~477~~403.0130 0.00 C 0.00 37,~~550~~028.4598 12,~~127~~123,~~092~~334.5502 21,~~114~~795,~~268~~789.2420 922,~~477~~389.7078 P 0.00 0.00 0.00 ~~512~~658,~~142~~099.9098 0.00 Totals 3538,~~553~~006,~~203~~287.0586 37,~~550~~028.4598 ~~841~~756,~~503~~775,~~113~~993.5274 4143,~~027~~145,~~147~~366.6906 922,~~477~~389.7078 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties.

Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) R 100.00 0.00 0.00 0.00 0.00 0.00 A-1A 533,682,000.00 ~~447~~396,~~592~~197,~~450~~022.7340 0.00 2225,~~251~~750,~~880~~446.7935 0.00 0.00 A-1B 59,298,000.00 4944,~~732~~021,~~494~~891.5338 0.00 2,~~472~~861,~~431~~160.2071 0.00 0.00 A-2A 127,092,000.00 8863,~~949~~785,~~278~~033.7780 0.00 109,~~828~~394,~~891~~680.0680 0.00 0.00 A-2B 71,750,000.00 71,750,000.00 0.00 0.00 0.00 0.00 A-2C 19,396,000.00 19,396,000.00 0.00 0.00 0.00 0.00 M-1 65,200,000.00 65,200,000.00 0.00 0.00 0.00 0.00 M-2 40,434,000.00 40,434,000.00 0.00 0.00 0.00 0.00 M-3 25,271,000.00 25,271,000.00 0.00 0.00 0.00 0.00 B-1 10,108,000.00 10,108,000.00 0.00 0.00 0.00 0.00 B-2 10,108,000.00 10,108,000.00 0.00 0.00 0.00 0.00 B-3 9,097,000.00 9,097,000.00 0.00 0.00 0.00 0.00 B-4 7,076,000.00 7,076,000.00 0.00 0.00 0.00 0.00 B-5 10,108,000.00 10,108,000.00 0.00 0.00 0.00 0.00 B-6 10,107,000.00 10,107,000.00 0.00 0.00 0.00 0.00 C 12,136,500.59 12,124,~~435~~536.7511 0.00 0.00 0.00 37,~~550~~028.4598 P 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,010,863,600.59 ~~877~~794,~~053~~783,~~659~~483.7869 0.00 3538,~~553~~006,~~203~~287.0586 0.00 37,~~550~~028.4598 (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 R 0.00 0.00 0.00000000 0.00 A-1A 2225,~~251~~750,~~880~~446.7935 ~~425~~370,~~340~~446,~~569~~576.9305 0.~~79699253~~69413354 2225,~~251~~750,~~880~~446.7935 A-1B 2,~~472~~861,~~431~~160.2071 4741,~~260~~160,~~063~~730.3367 0.~~79699253~~69413354 2,~~472~~861,~~431~~160.2071 A-2A 109,~~828~~394,~~891~~680.0680 7854,~~120~~390,~~387~~353.7100 0.~~61467589~~42796048 109,~~828~~394,~~891~~680.0680 A-2B 0.00 71,750,000.00 1.00000000 0.00 A-2C 0.00 19,396,000.00 1.00000000 0.00 M-1 0.00 65,200,000.00 1.00000000 0.00 M-2 0.00 40,434,000.00 1.00000000 0.00 M-3 0.00 25,271,000.00 1.00000000 0.00 B-1 0.00 10,108,000.00 1.00000000 0.00 B-2 0.00 10,108,000.00 1.00000000 0.00 B-3 0.00 9,097,000.00 1.00000000 0.00 B-4 0.00 7,076,000.00 1.00000000 0.00 B-5 0.00 10,108,000.00 1.00000000 0.00 B-6 0.00 10,107,000.00 1.00000000 0.00 C 37,~~550~~028.4598 12,~~127~~123,~~092~~334.5502 0.~~99922481~~99891513 0.00 P 0.00 0.00 0.00000000 0.00 Totals 3538,~~556~~013,~~753~~316.5084 ~~841~~756,~~503~~775,~~113~~993.5274 0.~~83245960~~74864303 3538,~~553~~006,~~203~~287.0586

Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 A-1A 533,682,000.00 ~~838~~742.~~68755313~~38408341 0.00000000 4148.~~69501836~~25054311 0.00000000 A-1B 59,298,000.00 ~~838~~742.~~68755321~~38408344 0.00000000 4148.~~69501838~~25054319 0.00000000 A-2A 127,092,000.00 ~~699~~501.~~88102139~~88079344 0.00000000 8573.~~20513534~~92031599 0.00000000 A-2B 71,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2C 19,396,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 65,200,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 40,434,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 25,271,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 10,108,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 10,108,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 9,097,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 7,076,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-5 10,108,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-6 10,107,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 12,136,500.59 999.~~00590455~~01417382 0.00000000 0.00000000 0.00000000 P 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 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-1A 0.00000000 4148.~~69501836~~25054311 ~~796~~694.~~99253475~~13354029 0.~~79699253~~69413354 4148.~~69501836~~25054311 A-1B 0.00000000 4148.~~69501838~~25054319 ~~796~~694.~~99253482~~13354025 0.~~79699253~~69413354 4148.~~69501838~~25054319 A-2A 0.00000000 8573.~~20513534~~92031599 ~~614~~427.~~67588605~~96047745 0.~~61467589~~42796048 8573.~~20513534~~92031599 A-2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-2C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 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 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 B-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 C 0.~~29254314~~57916036 0.~~29254314~~57916036 ~~999~~998.~~22481444~~91512632 0.~~99922481~~99891513 0.00000000 P 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 R 100.00 3.~~47000~~84000% 0.00 0.00 0.00 0.00 A-1A 533,682,000.00 3.~~47000~~84000% ~~447~~396,~~592~~197,~~450~~022.7340 1,~~423~~310,~~716~~091.9949 0.00 0.00 A-1B 59,298,000.00 3.~~37000~~74000% 4944,~~732~~021,~~494~~891.5338 ~~153~~141,~~631~~774.9695 0.00 0.00 A-2A 127,092,000.00 3.~~20000~~57000% 8863,~~949~~785,~~278~~033.7780 ~~260~~196,~~917~~085.8882 0.00 0.00 A-2B 71,750,000.00 3.~~31000~~68000% 71,750,000.00 ~~217~~227,~~701~~367.4678 0.00 0.00 A-2C 19,396,000.00 3.~~44000~~81000% 19,396,000.00 6163,~~162~~635.0504 0.00 0.00 M-1 65,200,000.00 3.~~57000~~94000% 65,200,000.00 ~~213~~221,~~367~~209.0011 0.00 0.00 M-2 40,434,000.00 34.~~81000~~18000% 40,434,000.00 ~~141~~145,~~215~~539.7494 0.00 0.00 M-3 25,271,000.00 34.~~86000~~23000% 25,271,000.00 8992,~~417~~049.2262 0.00 0.00 B-1 10,108,000.00 4.~~27000~~64000% 10,108,000.00 3940,~~564~~387.4008 0.00 0.00 B-2 10,108,000.00 4.~~39000~~76000% 10,108,000.00 4041,~~676~~431.2857 0.00 0.00 B-3 9,097,000.00 5.~~14000~~51000% 9,097,000.00 4243,~~862~~162.0374 0.00 0.00 B-4 7,076,000.00 6.~~52765~~94131% 7,076,000.00 42,~~340~~294.4995 0.00 0.00 B-5 10,108,000.00 6.~~52765~~94131% 10,108,000.00 60,~~482~~417.9994 0.00 0.00 B-6 10,107,000.00 6.~~52765~~94131% 10,107,000.00 60,~~477~~411.0197 0.00 0.00 C 12,136,500.59 0.00000% 12,124,~~435~~536.7511 0.00 0.00 0.00 P 0.00 0.00000% 0.01 0.00 0.00 0.00 Totals 1,010,863,600.59 2,~~847~~685,~~533~~860.5000 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 R 0.00 0.00 0.00 0.00 0.00 A-1A 0344.0074 0.00 1,~~423~~309,~~716~~746.9975 0.00 ~~425~~370,~~340~~446,~~569~~576.9305 A-1B 037.0031 0.00 ~~153~~141,~~631~~737.9664 0.00 4741,~~260~~160,~~063~~730.3367 A-2A 051.0060 0.00 ~~260~~196,~~917~~034.8823 0.00 7854,~~120~~390,~~387~~353.7100 A-2B 059.0083 0.00 ~~217~~227,~~701~~307.4695 0.00 71,750,000.00 A-2C 016.0075 0.00 6163,~~162~~618.0530 0.00 19,396,000.00 M-1 055.0090 0.00 ~~213~~221,~~367~~153.0021 0.00 65,200,000.00 M-2 034.0066 0.00 ~~141~~145,~~215~~505.7427 0.00 40,434,000.00 M-3 021.0066 0.00 8992,~~417~~027.2295 0.00 25,271,000.00 B-1 08.0067 0.00 3940,~~564~~378.4041 0.00 10,108,000.00 B-2 08.0067 0.00 4041,~~676~~422.2890 0.00 10,108,000.00 B-3 07.0080 0.00 4243,~~862~~154.0394 0.00 9,097,000.00 B-4 06.0007 0.00 42,~~340~~288.4989 0.00 7,076,000.00 B-5 08.0067 0.00 60,~~482~~409.9928 0.00 10,108,000.00 B-6 08.0066 0.00 60,~~477~~403.0130 0.00 10,107,000.00 C 0.00 0.00 21,~~114~~795,~~268~~789.2420 0.00 12,~~127~~123,~~092~~334.5502 P 0.00 0.00 ~~512~~658,~~142~~099.9098 0.00 0.01 Totals 0670.0099 0.00 5,~~473~~139,~~944~~078.6420 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 R 100.00 3.~~47000~~84000% 0.00000000 0.00000000 0.00000000 0.00000000 A-1A 533,682,000.00 3.~~47000~~84000% ~~838~~742.~~68755313~~38408341 2.~~66772533~~45481671 0.00000000 0.00000000 A-1B 59,298,000.00 3.~~37000~~74000% ~~838~~742.~~68755321~~38408344 2.~~59084556~~39088924 0.00000000 0.00000000 A-2A 127,092,000.00 3.~~20000~~57000% ~~699~~501.~~88102139~~88079344 21.~~05298429~~54286517 0.00000000 0.00000000 A-2B 71,750,000.00 3.~~31000~~68000% 1000.00000000 3.~~03416669~~16888892 0.00000000 0.00000000 A-2C 19,396,000.00 3.~~44000~~81000% 1000.00000000 3.~~15333316~~28083316 0.00000000 0.00000000 M-1 65,200,000.00 3.~~57000~~94000% 1000.00000000 3.~~27250000~~39277776 0.00000000 0.00000000 M-2 40,434,000.00 34.~~81000~~18000% 1000.00000000 3.~~49249988~~59944453 0.00000000 0.00000000 M-3 25,271,000.00 34.~~86000~~23000% 1000.00000000 3.~~53833327~~64250010 0.00000000 0.00000000 B-1 10,108,000.00 4.~~27000~~64000% 1000.00000000 3.~~91416700~~99555600 0.00000000 0.00000000 B-2 10,108,000.00 4.~~39000~~76000% 1000.00000000 4.~~02416700~~09888900 0.00000000 0.00000000 B-3 9,097,000.00 5.~~14000~~51000% 1000.00000000 4.~~71166648~~74472244 0.00000000 0.00000000 B-4 7,076,000.00 6.~~52765~~94131% 1000.00000000 5.~~98367581~~97723997 0.00000000 0.00000000 B-5 10,108,000.00 6.~~52765~~94131% 1000.00000000 5.~~98367531~~97723981 0.00000000 0.00000000 B-6 10,107,000.00 6.~~52765~~94131% 1000.00000000 5.~~98367567~~97724053 0.00000000 0.00000000 C 12,136,500.59 0.00000% 999.~~00590455~~01417382 0.00000000 0.00000000 0.00000000 P 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 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 A-1A 0.~~00000000~~00064597 0.00000000 2.~~66772533~~45417074 0.00000000 ~~796~~694.~~99253475~~13354029 A-1B 0.~~00000000~~00062919 0.00000000 2.~~59084556~~39026004 0.00000000 ~~796~~694.~~99253482~~13354025 A-2A 0.~~00000000~~00040601 0.00000000 21.~~05298429~~54245924 0.00000000 ~~614~~427.~~67588605~~96047745 A-2B 0.~~00000000~~00083387 0.00000000 3.~~03416669~~16805505 0.00000000 1000.00000000 A-2C 0.~~00000000~~00086358 0.00000000 3.~~15333316~~27997010 0.00000000 1000.00000000 M-1 0.~~00000000~~00085736 0.00000000 3.~~27250000~~39192040 0.00000000 1000.00000000 M-2 0.~~00000000~~00085720 0.00000000 3.~~49249988~~59858708 0.00000000 1000.00000000 M-3 0.~~00000000~~00085711 0.00000000 3.~~53833327~~64164259 0.00000000 1000.00000000 B-1 0.~~00000000~~00085774 0.00000000 3.~~91416700~~99469826 0.00000000 1000.00000000 B-2 0.~~00000000~~00085774 0.00000000 4.~~02416700~~09803126 0.00000000 1000.00000000 B-3 0.~~00000000~~00085743 0.00000000 4.~~71166648~~74386501 0.00000000 1000.00000000 B-4 0.~~00000000~~00085783 0.00000000 5.~~98367581~~97638355 0.00000000 1000.00000000 B-5 0.~~00000000~~00085774 0.00000000 5.~~98367531~~97638306 0.00000000 1000.00000000 B-6 0.~~00000000~~00085683 0.00000000 5.~~98367567~~97638271 0.00000000 1000.00000000 C 0.00000000 0.00000000 ~~174~~147.~~20740223~~96597971 0.00000000 ~~999~~998.~~22481444~~91512632 P 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 4143,~~354~~436,~~737~~616.5631 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) ~~328~~393,~~457~~884.6104 Realized Loss (Gains, Subsequent Expenses & Recoveries) (37,~~480~~028.4598) Prepayment Penalties 0.00 Total Deposits 4143,~~679~~823,~~714~~471.7237 Withdrawals Reimbursement for Servicer Advances ~~287~~346,~~125~~943.5408 Payment of Service Fee ~~365~~331,~~441~~162.4923 Payment of Interest and Principal 4143,~~027~~145,~~147~~366.6906 Total Withdrawals (Pool Distribution Amount) 4143,~~679~~823,~~714~~471.7237 Ending Balance 0.00

PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0670.0099

SERVICING FEES Gross Servicing Fee ~~365~~331,~~441~~162.4923 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee ~~365~~331,~~441~~162.4923

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 2132 0 0 2132 24,~~652~~251,~~941~~875.5301 0.00 0.00 24,~~652~~251,~~941~~875.5301 30 Days ~~166~~168 15 0 0 ~~167~~173 2425,~~671~~344,~~969~~459.1673 88749,~~834~~348.6036 0.00 0.00 2426,~~760~~093,~~803~~808.7609 60 Days 5063 1 01 0 5165 68,~~751~~704,~~104~~252.8892 4484,~~717~~156.4406 080,439.0014 0.00 68,~~795~~868,~~822~~848.3212 90 Days 1423 2 1911 0 3536 23,~~554~~847,~~140~~220.7887 ~~123~~310,~~176~~807.8137 2951,~~941,284~~983.9922 0.00 5,~~618~~110,~~602~~011.5846 120 Days 4 45 1826 12 2737 ~~599~~284,~~117~~110.6268 ~~473~~391,~~975~~647.1130 23,~~441~~414,~~671~~075.6018 ~~263~~327,~~046~~584.5452 34,~~777~~417,~~810~~417.8768 150 Days 01 26 13 24 1724 049,764.0084 ~~322~~590,~~714~~400.7779 2,~~070~~619,~~058~~092.9961 ~~230~~409,~~079~~764.2529 23,~~622~~669,~~853~~022.0153 180+ Days 25 411 1428 112 2156 63653,~~686~~663.5712 ~~303~~1,~~533~~066,350.3078 24,~~598~~384,~~638~~338.6304 ~~492~~2,~~719~~231,115.2703 38,~~458~~335,~~577~~466.7797 Totals ~~236~~264 3562 6479 418 ~~339~~423 3438,~~640~~883,~~019~~472.0116 47,~~009~~444,~~893~~585.5667 1011,~~051~~449,~~654~~928.2119 ~~985~~2,~~845~~968,463.0684 4960,~~687~~746,~~411~~449.8486 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.~~405093~~675105% 0.000000% 0.000000% 0.~~405093~~675105% 0.~~314989~~561307% 0.000000% 0.000000% 0.~~314989~~561307% 30 Days 3.~~202160~~544304% 0.~~019290~~105485% 0.000000% 0.000000% 3.~~221451~~649789% 23.~~929352~~345822% 0.~~010548~~098924% 0.000000% 0.000000% 23.~~939900~~444746% 60 Days 01.~~964506~~329114% 0.~~019290~~021097% 0.~~000000~~021097% 0.000000% 01.~~983796~~371308% 01.~~801572~~149083% 0.~~005309~~011110% 0.~~000000~~010619% 0.000000% 01.~~806882~~170812% 90 Days 0.~~270062~~485232% 0.~~038580~~042194% 0.~~366512~~232068% 0.000000% 0.~~675154~~759494% 0.~~303258~~507887% 0.~~014625~~041031% 0.~~349225~~125675% 0.000000% 0.~~667108~~674593% 120 Days 0.~~077160~~084388% 0.~~077160~~105485% 0.~~347222~~548523% 0.~~019290~~042194% 0.~~520833~~780591% 0.~~071134~~037507% 0.~~056276~~051703% 0.~~289905~~450706% 0.~~031232~~043246% 0.~~448547~~583161% 150 Days 0.~~000000~~021097% 0.~~038580~~126582% 0.~~250772~~274262% 0.~~038580~~084388% 0.~~327932~~506329% 0.~~000000~~006570% 0.~~038317~~077941% 0.~~245782~~345757% 0.~~027318~~054095% 0.~~311417~~484362% 180+ Days 0.~~038580~~105485% 0.~~077160~~232068% 0.~~270062~~590717% 0.~~019290~~253165% 01.~~405093~~181435% 0.~~007562~~086293% 0.~~036039~~140773% 0.~~308542~~578794% 0.~~058502~~294538% 01.~~410644~~100398% Totals 45.~~552469~~569620% 01.~~675154~~308017% 1.~~234568~~666667% 0.~~077160~~379747% 68.~~539352~~924051% 45.~~112879~~133160% 0.~~476103~~982789% 1.~~193453~~511550% 0.~~117051~~391879% 58.~~899486~~019378%

Delinquency Status By Groups

DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 Fixed 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 49 0 0 49 ~~228~~609,~~803~~525.4521 0.00 0.00 ~~228~~609,~~803~~525.4521 30 Days 2022 1 0 0 2123 21,~~334~~657,~~812~~404.8783 88,~~834~~571.6027 0.00 0.00 21,~~423~~745,~~647~~976.4710 60 Days 7 10 0 0 87 ~~534~~548,~~373~~632.3103 ~~44,717~~0.4400 0.00 0.00 ~~579~~548,~~090~~632.7503 90 Days 14 10 0 0 24 ~~295~~507,~~517~~267.8343 ~~24,504~~0.9200 0.00 0.00 ~~320~~507,~~022~~267.7543 120 Days 1 2 23 4 0 59 4174,~~048~~515.1351 ~~241~~200,~~206~~629.5284 ~~119~~388,~~319~~467.4980 0.00 ~~401~~663,~~574~~613.1415 150 Days 0 0 10 0 10 0.00 0.00 ~~71,349~~0.2400 0.00 ~~71,349~~0.2400 180+ Days 23 03 01 0 27 63193,~~686~~910.5794 0143,617.0032 067,746.0010 0.00 63405,~~686~~274.5736 Totals 3138 916 35 0 4359 32,~~269~~981,~~438~~730.7174 ~~628~~1,~~066~~042,343.9364 ~~190~~456,~~668~~213.7390 0.00 4,~~088~~480,~~174~~288.3728 0-29 Days 0.~~327065~~788091% 0.000000% 0.000000% 0.~~327065~~788091% 0.~~186037~~536383% 0.000000% 0.000000% 0.~~186037~~536383% 30 Days 1.~~635323~~926445% 0.~~081766~~087566% 0.000000% 0.000000% 12.~~717089~~014011% 1.~~898406~~458519% 0.~~072230~~077943% 0.000000% 0.000000% 1.~~970636~~536462% 60 Days 0.~~572363~~612960% 0.~~081766~~000000% 0.000000% 0.000000% 0.~~654129~~612960% 0.~~434492~~482797% 0.~~036359~~000000% 0.000000% 0.000000% 0.~~470851~~482797% 90 Days 0.~~081766~~350263% 0.~~081766~~000000% 0.000000% 0.000000% 0.~~163532~~350263% 0.~~240282~~446396% 0.~~019925~~000000% 0.000000% 0.000000% 0.~~260206~~446396% 120 Days 0.~~081766~~175131% 0.~~163532~~262697% 0.~~163532~~350263% 0.000000% 0.~~408831~~788091% 0.~~033376~~065574% 0.~~196122~~176555% 0.~~097017~~341852% 0.000000% 0.~~326515~~583981% 150 Days 0.000000% 0.000000% 0.~~081766~~000000% 0.000000% 0.~~081766~~000000% 0.000000% 0.000000% 0.~~058013~~000000% 0.000000% 0.~~058013~~000000% 180+ Days 0.~~163532~~262697% 0.~~000000~~262697% 0.~~000000~~087566% 0.000000% 0.~~163532~~612960% 0.~~051783~~170642% 0.~~000000~~126383% 0.~~000000~~059617% 0.000000% 0.~~051783~~356642% Totals 23.~~534751~~327496% 01.~~735895~~401051% 0.~~245298~~437828% 0.000000% 35.~~515944~~166375% 2.~~658338~~623928% 0.~~510673~~917264% 0.~~155030~~401469% 0.000000% 3.~~324041~~942662% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 1 Arm 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 1621 0 0 1621 23,~~343~~085,~~386~~662.7952 0.00 0.00 23,~~343~~085,~~386~~662.7952 30 Days ~~119~~118 04 0 0 ~~119~~122 1718,~~916~~362,~~498~~807.0233 0660,777.0009 0.00 0.00 1719,~~916~~023,~~498~~584.0242 60 Days 3546 01 01 0 3548 46,~~821~~546,~~188~~666.6817 084,156.0006 080,439.0014 0.00 46,~~821~~711,~~188~~261.6837 90 Days 916 12 138 0 2326 12,~~455~~716,~~838~~609.7031 98310,~~671~~807.8937 2749,~~059,687~~750.6430 0.00 3,~~614~~777,~~198~~166.2398 120 Days 31 1 1519 12 2023 ~~558~~125,~~069~~774.4987 ~~149~~101,~~373~~759.5474 2,~~234~~809,~~570~~487.5260 ~~263~~327,~~046~~584.5452 3,~~205~~364,~~060~~606.0973 150 Days 0 1 113 28 143 015 49,764.0084 ~~272~~375,~~786~~439.8626 1,~~948~~634,~~162~~565.9952 ~~230~~360,~~079~~065.2530 2,~~451~~419,~~029~~834.1092 180+ Days 0 2 104 022 1211 039 459,752.0018 ~~159~~617,~~704~~266.7714 13,~~699~~366,~~146~~552.0358 01,738,395.0076 16,~~858~~181,~~850~~966.8066 Totals ~~166~~184 2136 4958 316 ~~239~~294 2428,~~751~~261,~~594~~374.8970 35,~~023~~235,~~923~~868.8518 78,~~941~~640,~~567~~795.1814 ~~493~~2,~~125~~426,045.7958 3644,~~210~~564,~~211~~083.7160 0-29 Days 0.~~523903~~757030% 0.000000% 0.000000% 0.~~523903~~757030% 0.~~472314~~694188% 0.000000% 0.000000% 0.~~472314~~694188% 30 Days 34.~~896529~~253785% 0.~~000000~~144196% 0.000000% 0.000000% 34.~~896529~~397981% 34.~~611104~~131117% 0.~~000000~~148656% 0.000000% 0.000000% 34.~~611104~~279774% 60 Days 1.~~146038~~658255% 0.~~000000~~036049% 0.~~000000~~036049% 0.000000% 1.~~146038~~730353% 01.~~971720~~472817% 0.~~000000~~018933% 0.~~000000~~018097% 0.000000% 01.~~971720~~509846% 90 Days 0.~~294695~~576784% 0.~~032744~~072098% 0.~~425671~~288392% 0.000000% 0.~~753111~~937275% 0.~~293427~~611161% 0.~~019888~~069923% 0.~~415134~~168673% 0.000000% 0.~~728448~~849757% 120 Days 0.~~098232~~036049% 0.~~032744~~036049% 0.~~491159~~684932% 0.~~032744~~072098% 0.~~654879~~829128% 0.~~112480~~028296% 0.~~030107~~022893% 0.~~450382~~632056% 0.~~053018~~073697% 0.~~645986~~756942% 150 Days 0.~~000000~~036049% 0.~~032744~~108147% 0.~~360183~~288392% 0.~~065488~~108147% 0.~~458415~~540735% 0.~~000000~~011196% 0.~~054981~~084463% 0.~~392656~~367731% 0.~~046373~~081005% 0.~~494009~~544395% 180+ Days 0.~~000000~~072098% 0.~~065488~~144196% 0.~~327439~~793079% 0.~~000000~~396539% 01.~~392927~~405912% 0.~~000000~~103431% 0.~~032189~~138868% 0.~~342466~~757380% 0.~~000000~~391090% 01.~~374655~~390769% Totals 56.~~435494~~633021% 01.~~687623~~297765% 12.~~604453~~090844% 0.~~098232~~576784% 710.~~825802~~598414% 46.~~988730~~358018% 01.~~609478~~177924% 1.~~600638~~943937% 0.~~099390~~545792% 710.~~298236~~025671% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 Fixed 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 65 0 0 0 65 ~~356~~292,~~616~~234.6132 0.00 0.00 0.00 ~~356~~292,~~616~~234.6132 60 Days 2 0 0 0 2 ~~173~~145,~~078~~010.0251 0.00 0.00 0.00 ~~173~~145,~~078~~010.0251 90 Days 01 0 0 0 01 024,220.0047 0.00 0.00 0.00 024,220.0047 120 Days 01 1 0 0 12 083,820.0030 8389,~~395~~257.0572 0.00 0.00 83173,~~395~~078.0502 150 Days 0 10 0 0 10 0.00 ~~49,927~~0.9100 0.00 0.00 ~~49,927~~0.9100 180+ Days 0 02 0 0 02 0.00 0133,322.0096 0.00 0.00 0133,322.0096 Totals 89 23 0 0 1012 ~~529~~545,~~694~~285.6360 ~~133~~222,~~322~~580.9668 0.00 0.00 ~~663~~767,~~017~~866.5928 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 43.~~137931~~676471% 0.000000% 0.000000% 0.000000% 43.~~137931~~676471% 1.~~584605~~379116% 0.000000% 0.000000% 0.000000% 1.~~584605~~379116% 60 Days 1.~~379310~~470588% 0.000000% 0.000000% 0.000000% 1.~~379310~~470588% 0.~~769062~~684335% 0.000000% 0.000000% 0.000000% 0.~~769062~~684335% 90 Days 0.~~000000~~735294% 0.000000% 0.000000% 0.000000% 0.~~000000~~735294% 0.~~000000~~114302% 0.000000% 0.000000% 0.000000% 0.~~000000~~114302% 120 Days 0.~~000000~~735294% 0.~~689655~~735294% 0.000000% 0.000000% 01.~~689655~~470588% 0.~~000000~~395566% 0.~~370561~~421226% 0.000000% 0.000000% 0.~~370561~~816792% 150 Days 0.000000% 0.~~689655~~000000% 0.000000% 0.000000% 0.~~689655~~000000% 0.000000% 0.~~221852~~000000% 0.000000% 0.000000% 0.~~221852~~000000% 180+ Days 0.000000% 01.~~000000~~470588% 0.000000% 0.000000% 01.~~000000~~470588% 0.000000% 0.~~000000~~629179% 0.000000% 0.000000% 0.~~000000~~629179% Totals 56.~~517241~~617647% 12.~~379310~~205882% 0.000000% 0.000000% 68.~~896552~~823529% 2.~~353667~~573318% 01.~~592413~~050405% 0.000000% 0.000000% 23.~~946080~~623723% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group 2 Arm 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 12 0 0 12 80556,~~751~~687.2928 0.00 0.00 80556,~~751~~687.2928 30 Days 2123 0 0 0 2123 45,~~064~~032,~~041~~013.6625 0.00 0.00 0.00 45,~~064~~032,~~041~~013.6625 60 Days 68 0 0 0 68 1,~~222~~463,~~464~~944.8721 0.00 0.00 0.00 1,~~222~~463,~~464~~944.8721 90 Days 42 0 63 0 105 ~~802~~599,~~784~~123.2566 0.00 ~~881~~202,~~597~~232.3592 0.00 1801,~~684,381~~356.6058 120 Days 0 0 13 0 13 0.00 0.00 87216,~~781~~119.5978 0.00 87216,~~781~~119.5978 150 Days 0 03 15 0 1 9 0.00 0214,961.0053 50984,~~546~~527.7609 049,698.0099 501,~~546~~249,187.7661 180+ Days 0 2 45 1 78 0.00 ~~143~~172,~~828~~144.5336 ~~899~~950,~~492~~039.6036 492,719.27 1,~~536~~614,~~040~~902.4099 Totals 3133 37 1216 12 4758 67,~~089~~095,~~290~~081.7812 ~~224~~943,~~579~~793.8217 12,~~919~~352,~~418~~919.3015 ~~492~~542,~~719~~418.2726 810,~~726~~934,~~008~~211.1770 0-29 Days 0.~~131234~~290698% 0.000000% 0.000000% 0.~~131234~~290698% 0.~~040257~~312447% 0.000000% 0.000000% 0.~~040257~~312447% 30 Days 23.~~755906~~343023% 0.000000% 0.000000% 0.000000% 23.~~755906~~343023% 2.~~026048~~824278% 0.000000% 0.000000% 0.000000% 2.~~026048~~824278% 60 Days 01.~~787402~~162791% 0.000000% 0.000000% 0.000000% 01.~~787402~~162791% 0.~~609436~~821656% 0.000000% 0.000000% 0.000000% 0.~~609436~~821656% 90 Days 0.~~524934~~290698% 0.000000% 0.~~787402~~436047% 0.000000% 10.~~312336~~726744% 0.~~400212~~336265% 0.000000% 0.~~439503~~113506% 0.000000% 0.~~839715~~449771% 120 Days 0.000000% 0.000000% 0.~~131234~~436047% 0.000000% 0.~~131234~~436047% 0.000000% 0.000000% 0.~~043762~~121300% 0.000000% 0.~~043762~~121300% 150 Days 0.000000% 0.~~000000~~436047% 0.~~131234~~726744% 0.~~000000~~145349% 01.~~131234~~308140% 0.000000% 0.~~000000~~120650% 0.~~025199~~552578% 0.~~000000~~027894% 0.~~025199~~701122% 180+ Days 0.000000% 0.~~262467~~290698% 0.~~524934~~726744% 0.~~131234~~145349% 01.~~918635~~162791% 0.000000% 0.~~071703~~096618% 0.~~448424~~533221% 0.~~245636~~276545% 0.~~765763~~906384% Totals 4.~~068241~~796512% 01.~~393701~~017442% 12.~~574803~~325581% 0.~~131234~~290698% 68.~~167979~~430233% 3.~~035697~~982200% 0.~~111960~~529715% 01.~~956888~~320604% 0.~~245636~~304439% 46.~~350180~~136958%

OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance ~~328~~393,~~457~~884.6104

REO Detail - All Mortgage Loans in REO during Current Period

~~COLLATERAL~~Summary ~~STATEMENT~~12 ~~Collateral~~Month ~~Description~~REO ~~Mixed~~History* ~~Fixed~~New &REO ~~Arm~~Loans ~~Weighted~~Month ~~Average~~REO ~~Gross~~Percentage ~~Coupon~~Loans 7in REO 14 Sep-04 0.~~294687~~000% ~~Weighted~~Original ~~Average~~Principal ~~Net~~Balance ~~Coupon~~1,989,000.00 6Oct-04 0.~~794687~~000% ~~Weighted~~Current ~~Average~~Principal ~~Pass~~Balance 1,982,926.65 Nov-~~Through~~04 ~~Rate~~0.000% 6Dec-04 0.~~794687~~000% ~~Weighted~~Current ~~Average~~REO ~~Maturity(Stepdown~~Total ~~Calculation)~~Jan-05 ~~343~~0.000% ~~Beginning~~Loans ~~Scheduled~~in ~~Collateral~~REO ~~Loan~~18 ~~Count~~Feb-05 50.000% Original Principal Balance 2,~~365~~975,900.00 ~~Number~~Mar-05 Of0.000% Current Principal Balance 2,968,463.84 Apr-05 0.000% May-05 0.030% Jun-05 0.117% Jul-05 0.124% Aug-05 0.392% *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 Fixed 12 Month REO History* New REO Loans ~~Paid~~Month InREO ~~Full~~Percentage ~~181~~Loans ~~Ending~~in ~~Scheduled~~REO ~~Collateral~~0 ~~Loan~~Sep-04 ~~Count~~0.000% ~~5,184~~Original ~~Beginning~~Principal ~~Scheduled~~Balance ~~Collateral~~0.00 Oct-04 0.000% Current Principal Balance ~~877,059,587~~0.0200 ~~Ending~~Nov-04 ~~Scheduled~~0.000% ~~Collateral~~Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance ~~841,506,663~~0.9700 ~~Ending~~Mar-05 ~~Actual~~0.000% ~~Collateral~~Current Principal Balance at0.00 31Apr-05 0.000% May-~~2005~~05 ~~842~~0.000% Jun-05 0.000% Jul-05 0.000% Aug-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 Arm 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 13 Sep-04 0.000% Original Principal Balance 1,~~232~~939,~~907~~000.2300 ~~Monthly~~Oct-04 ~~P&I~~0.000% ~~Constant~~Current 5Principal Balance 1,~~963~~933,~~339~~227.3166 ~~Special~~Nov-04 ~~Servicing~~0.000% ~~Fee~~Dec-04 0.00000% ~~Prepayment~~Current ~~Penalties~~REO Total Jan-05 0.00000% ~~Realized~~Loans ~~Loss~~in ~~Amount~~REO ~~3,480~~16 Feb-05 0.45000% ~~Cumulative~~Original ~~Realized~~Principal ~~Loss~~Balance 92,~~407~~432,900.7000 ~~Scheduled~~Mar-05 0.000% Current Principal ~~631~~Balance 2,~~776~~426,045.8858 ~~Unscheduled~~Apr-05 0.000% May-05 0.051% Jun-05 0.099% Jul-05 0.105% Aug-05 0.546% *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 2 Fixed 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal ~~34,921,146~~Balance 0.1700 ~~Required~~Oct-04 ~~Overcollateralization~~0.000% ~~Amount~~Current Principal Balance 0.00 ~~Overcollateralized~~Nov-04 ~~Increase~~0.000% ~~Amount~~Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 ~~Overcollateralized~~Mar-05 ~~reduction~~0.000% ~~Amount~~Current Principal Balance 0.00 ~~Specified~~Apr-05 ~~O/C~~0.000% ~~Amount~~May-05 ~~12,130,363~~0.21000% ~~Overcollateralized~~Jun-05 ~~Amount~~0.000% Jul-05 0.000% Aug-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 2 Arm 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 1 Sep-04 0.000% Original Principal Balance 50,~~130,643~~000.00 ~~Overcollateralized~~Oct-04 ~~Deficiency~~0.000% ~~Amount~~Current Principal Balance 49,698.99 Nov-04 0.00000% ~~Base~~Dec-04 ~~Overcollateralized~~0.000% ~~Amount~~Current REO Total Jan-05 0.00000% ~~Extra~~Loans ~~principal~~in ~~distribution~~REO ~~Amount~~2 Feb-05 0.000% Original Principal Balance 543,000.00 ~~Excess~~Mar-05 ~~Cash~~0.000% ~~Amount~~Current 2Principal Balance 542,~~118,028~~418.6926 Apr-05 0.000% May-05 0.000% Jun-05 0.246% Jul-05 0.264% Aug-05 0.304% *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~~Loan ~~Collateral~~Detail ~~Statement~~- ~~Group~~All ~~Group~~Mortgage 1Loans ~~Fixed~~in ~~Group~~REO 1during ~~Arm~~Current ~~Group~~Period 2Month ~~Fixed~~Loan ~~Collateral~~First ~~Description~~Original ~~Mixed~~Loan ~~Fixed~~Entered ~~Mixed~~Payment ~~ARM~~LTV ~~Mixed~~at ~~Fixed~~Principal ~~Weighted~~Group ~~Average~~Number ~~Coupon~~REO ~~Rate~~Date ~~7.607732~~State ~~7.386844~~Origination ~~7.566964~~Balance ~~Weighted~~Group ~~Average~~1 ~~Net~~Arm ~~Rate~~0001704391 ~~7.107732~~Aug-2005 601-Oct-2004 MI 80.~~886844~~00 7130,400.~~066964~~00 ~~Weighted~~Group ~~Average~~1 ~~Maturity~~Arm ~~308~~0001725722 ~~350~~Aug-2005 ~~329~~01-Oct-2004 ~~Beginning~~MI ~~Loan~~60.00 ~~Count 1~~82,~~242~~800.00 ~~3,177~~Group ~~148~~1 ~~Loans~~Arm ~~Paid~~0001727178 InMay-2005 ~~Full~~01-Oct-2004 19VA ~~123~~85.00 3263,500.00 ~~Ending~~Group ~~Loan Count~~ 1~~,223~~ ~~3,054~~Arm ~~145~~0001733416 ~~Beginning~~Aug-2005 ~~Scheduled~~01-Oct-2004 ~~Balance~~TN ~~124,771,667~~64.4736 ~~518~~65,~~484,527~~000.7400 ~~23,101,019.27~~Group ~~Ending~~1 ~~Scheduled~~Arm ~~Balance~~0001736975 ~~122,817,851.61~~Aug-2005 ~~495,714,175~~01-Sep-2004 MI 75.2900 22202,~~480,509~~500.4100 ~~Record~~Group ~~Date~~1 ~~05/31/2005~~Arm ~~05/31/2005~~0001748691 ~~05/31/~~Aug-2005 ~~Principal~~01-Oct-2004 ~~And~~CA ~~Interest Constant 950,644~~85.7100 3293,~~559,239~~250.1200 ~~170,037.23~~Group ~~Scheduled~~1 ~~Principal~~Arm ~~159,620.25~~0001749011 ~~367,602~~Jun-2005 01-Oct-2004 NH 82.3995 24180,~~366~~000.7500 ~~Unscheduled~~Group ~~Principal~~ 1~~,794,195.61~~ ~~22,402,750.06~~Arm ~~596,143.11~~0001749246 ~~Scheduled~~Aug-2005 ~~Interest~~01-Oct-2004 ~~791,024.46~~TX ~~3,191,636~~100.7300 ~~145~~173,~~670~~000.4800 ~~Servicing~~Group ~~Fees~~1 ~~51,988.19~~Arm ~~216,035.22~~0001769009 ~~9,625.42~~Aug-2005 ~~Master~~01-Oct-2004 ~~Servicing~~GA ~~Fees 0~~80.00 0104,000.00 ~~0.00~~Group ~~Trustee~~1 ~~Fee~~Arm ~~0.00~~0001776790 ~~0.00~~Aug-2005 ~~0.00~~01-Oct-2004 ~~FRY~~CO ~~Amount 0~~77.0031 0100,500.00 ~~0.00~~Group ~~Special~~1 ~~Hazard~~Arm ~~Fee~~0001778873 ~~0.00~~Aug-2005 001-Oct-2004 MI 65.00 076,700.00 ~~Other~~Group ~~Fee~~1 ~~0.00~~Arm ~~0.00~~0001783940 ~~0.00~~Aug-2005 ~~Pool~~01-Oct-2004 ~~Insurance~~TX ~~Fee 0~~85.00 052,700.00 ~~0.00~~Group ~~Spread~~ 1 ~~0.00~~Arm ~~0.00~~0001802833 ~~0.00~~Aug-2005 ~~Spread~~01-Oct-2004 2MA 085.00 0322,150.00 ~~0.00~~Group ~~Spread~~1 3Arm ~~0.00~~0001814909 0Aug-2005 01-Oct-2004 GA 90.00 0157,500.00 ~~Net~~Group ~~Interest~~1 ~~739,036.27~~Arm ~~2,975,601.51~~1000006102 ~~136,045.06~~Aug-2005 ~~Realized~~01-Oct-2004 ~~Loss~~CA ~~Amount 493~~85.1000 2178,~~674~~500.~~35 76.~~00 ~~Cumulative~~Group ~~Realized~~1 ~~Loss~~Arm ~~1,468~~1000009911 Jun-2005 01-Oct-2004 AL 80.6000 650,~~715~~400.~~10 208.~~00 ~~Percentage~~Group of2 ~~Cumulative~~Arm ~~Losses~~0001731197 ~~0.0011~~Aug-2005 ~~0.0011~~01-Oct-2004 ~~0.0008~~TN ~~Prepayment Penalties 0~~80.00 050,000.00 ~~0.00~~Group ~~Special~~2 ~~Servicing~~Arm ~~Fee~~0001775925 ~~0.00~~Jun-2005 ~~0.00 0.00 Pass~~01-~~Through~~Oct-2004 ~~Rate~~TX 785.~~107732~~00 6493,000.~~886844 7.066964~~00

~~Group~~REO ~~Level~~Loan ~~Collateral~~Detail ~~Statement~~- ~~Group~~All ~~Group~~Mortgage 2Loans ~~Arm~~in ~~Total~~REO ~~Collateral~~during ~~Description~~Current ~~Mixed~~Period ~~ARM~~(continued) ~~Mixed~~Current ~~Fixed~~Paid &Current ~~Arm~~Approximate ~~Weighted~~Loan ~~Average~~Principal ~~Coupon~~To ~~Rate~~Months ~~6.852685~~Loan ~~7.294687~~Delinquent ~~Weighted~~Group ~~Average~~Number ~~Net~~Balance Date Delinquent Rate ~~6.352685~~Interest 6Group 1 Arm 0001704391 129,490.~~794687~~33 ~~Weighted~~01-Nov-2004 ~~Average~~7 ~~Maturity~~9.750% ~~347~~7,006.49 ~~343~~Group ~~Beginning~~1 ~~Loan~~Arm ~~Count~~0001725722 ~~798~~82,356.05 01-Jan-2005 5~~,365~~ ~~Loans~~8.000% ~~Paid~~3,605.10 InGroup ~~Full~~1 36Arm ~~181~~0001727178 ~~Ending~~262,738.67 ~~Loan~~01-Feb-2005 ~~Count~~4 ~~762~~8.800% 510,~~184~~887.35 ~~Beginning~~Group ~~Scheduled~~1 ~~Balance~~Arm ~~210~~0001733416 64,~~702,372~~845.5485 ~~877~~01-Feb-2005 4 9.750% 2,~~059,587~~995.0243 ~~Ending~~Group ~~scheduled~~1 ~~Balance~~Arm ~~200~~0001736975 201,~~494,127~~668.6652 ~~841~~01-Jan-2005 5 7.050% 7,~~506,663~~685.9782 ~~Record~~Group ~~Date~~1 ~~05/31/2005~~Arm ~~05/31/2005~~0001748691 ~~Principal~~292,907.81 ~~And~~01-Nov-2004 ~~Interest~~7 ~~Constant~~8.700% 113,~~283,418~~968.2566 5Group 1 Arm 0001749011 179,~~963,339~~731.3199 ~~Scheduled~~01-Nov-2004 ~~Principal~~7 ~~80,187~~7.49500% ~~631~~7,~~776~~311.8800 ~~Unscheduled~~Group ~~Principal~~1 ~~10,128,057.39~~Arm 340001749246 172,~~921,146~~836.1720 ~~Scheduled~~01-Nov-2004 ~~Interest~~7 ~~1,203,230~~9.76700% 59,~~331,562~~252.4387 ~~Servicing~~Group ~~Fees~~1 ~~87,792.66~~Arm ~~365~~0001769009 102,~~441~~476.4955 ~~Master~~01-Nov-2004 ~~Servicing~~7 ~~Fees 0~~8.00750% 04,984.0035 ~~Trustee~~Group ~~Fee~~1 ~~0.00~~Arm 00001776790 100,437.0085 ~~FRY~~01-Oct-2004 ~~Amount~~8 08.00400% 04,610.0084 ~~Special~~Group ~~Hazard~~1 ~~Fee~~Arm ~~0.00~~0001778873 076,040.0073 ~~Other~~01-Jan-2005 ~~Fee~~5 09.00850% 04,165.0058 ~~Pool~~Group ~~Insurance~~1 ~~Fee~~Arm ~~0.00~~0001783940 052,651.0012 ~~Spread~~01-Nov-2004 17 09.00800% 02,849.0048 ~~Spread~~Group 21 ~~0.00~~Arm 00001802833 321,770.0018 ~~Spread~~01-Nov-2004 37 08.00650% 015,251.0006 ~~Net~~Group ~~Interest~~ 1 Arm 0001814909 157,~~115,438~~358.1057 401-Nov-2004 7 9.950% 8,~~966,120~~654.9426 ~~Realized~~Group ~~Loss~~1 ~~Amount~~Arm ~~237.00~~1000006102 3178,~~480~~387.4590 ~~Cumulative~~01-Oct-2004 ~~Realized~~8 ~~Loss~~8.325% 8,111.15 Group 1 Arm 1000009911 50,~~016~~347.0026 01-Nov-2004 7 9.225% 2,~~407~~555.7054 ~~Percentage~~Group of2 ~~Cumulative~~Arm ~~Losses~~0001731197 049,698.~~0004~~99 ~~0.0009~~01-Jan-2005 ~~Prepayment~~5 ~~Penalties 0~~9.00100% 02,498.0070 ~~Special~~Group ~~Servicing~~2 ~~Fee~~Arm ~~0.00~~0001775925 0492,719.0027 ~~Pass~~01-~~Through~~Oct-2004 ~~Rate~~8 68.~~352685~~800% 623,771.~~794687~~94

Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period

Prepayment - Voluntary Prepayments

Realized Loss Report - Collateral Summary

Filing Compare · MERRILL LYNCH MORTGAGE INVESTORS TRUST, SERIES 2005-NC1