~~Certificateholder~~SECURITIES ~~Distribution~~AND ~~Summary~~EXCHANGE Class CUSIP Certificate Beginning Interest Pass-Through Certificate Distribution Rate Balance I-A-1 61915RBB1 3.31400% 211,495,000.00 700,894.43 I-A-2 61915RBC9 3.43400% 105,748,000.00 363,138.63 I-A-3 61915RBD7 3.51400% 35,249,000.00 123,864.99 I-M-X 61915RBF2 0.50955% 0.00 9,061.95 I-X-1 61915RBE5 1.70140% 0.00 499,775.24 XP 61915RBX3 0.00000% 100.00 0.00 I-B-1 61915RBG0 3.81400% 11,239,000.00 42,865.55 I-B-2 61915RBH8 4.31400% 8,333,000.00 35,948.56 I-B-3 61915RBJ4 5.16400% 5,813,000.00 30,018.33 I-B-4 61915RBK1 5.16400% 3,876,000.00 20,015.66 I-B-5 61915RBL9 5.16400% 3,294,000.00 17,010.22 I-B-6 61915RBM7 5.16400% 2,519,313.36 13,009.73 R 61915RBW5 0.00000% 100.00 0.14 Totals 387,566,513.36 1,855,603.43COMMISSION

~~Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cummulative Distribution Realized Certificate Distribution Realized Loss Balance Losses I-A-1 4~~Washington,~~639,936.72~~ 0D.~~00 206,855,063~~C.28 5,340,831.15 0.00 I-A-2 2,319,979.33 0.00 103,428,020.67 2,683,117.96 0.00 I-A-3 773,319.13 0.00 34,475,680.87 897,184.12 0.00 I-M-X 0.00 0.00 0.00 9,061.95 0.00 I-X-1 0.00 0.00 0.00 499,775.24 0.00 XP 0.00 0.00 100.00 0.00 0.00 I-B-1 905.49 0.00 11,238,094.51 43,771.04 0.00 I-B-2 671.36 0.00 8,332,328.64 36,619.92 0.00 I-B-3 468.33 0.00 5,812,531.67 30,486.66 0.00 I-B-4 312.28 0.00 3,875,687.72 20,327.94 0.00 I-B-5 265.39 0.00 3,293,734.61 17,275.61 0.00 I-B-6 202.97 0.00 2,519,110.39 13,212.70 0.00 R 100.00 0.00 0.00 100.14 0.00 Totals 7,736,161.00 0.00 379,830,352.36 9,591,764.43 0.0020549

~~Principal~~FORM Distribution Statement Class Original Beginning Scheduled UnScheduled Accretion Realized Face Certificate Principal Principal Loss Amount Balance Distribution Distribution I-A-1 211,495,000.00 211,495,000.00 17,039.38 4,622,897.34 0.00 0.00 I-A-2 105,748,000.00 105,748,000.00 8~~,519.73 2,311,459.60 0.00 0.00 I~~-A-3 35,249,000.00 35,249,000.00 2,839.88 770,479.25 0.00 0.00 I-M-X 0.00 0.00 0.00 0.00 0.00 0.00 I-X-1 0.00 0.00 0.00 0.00 0.00 0.00 XP 100.00 100.00 0.00 0.00 0.00 0.00 I-B-1 11,239,000.00 11,239,000.00 905.49 0.00 0.00 0.00 I-B-2 8,333,000.00 8,333,000.00 671.36 0.00 0.00 0.00 I-B-3 5,813,000.00 5,813,000.00 468.33 0.00 0.00 0.00 I-B-4 3,876,000.00 3,876,000.00 312.28 0.00 0.00 0.00 I-B-5 3,294,000.00 3,294,000.00 265.39 0.00 0.00 0.00 I-B-6 2,519,313.36 2,519,313.36 202.97 0.00 0.00 0.00 R 100.00 100.00 0.00 100.00 0.00 0.00 Totals 387,566,513.36 387,566,513.36 31,224.81 7,704,936.19 0.00 0.00K

~~Principal~~CURRENT Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal Reduction Balance Percentage Distribution I-A-1 4,639,936.72 206,855,063.28 0.978061 4,639,936.72 I-A-2 2,319,979.33 103,428,020.67 0.978061 2,319,979.33 I-A-3 773,319.13 34,475,680.87 0.978061 773,319.13 I-M-X 0.00 0.00 0.000000 0.00 I-X-1 0.00 0.00 0.000000 0.00 XP 0.00 100.00 1.000000 0.00 I-B-1 905.49 11,238,094.51 0.999919 905.49 I-B-2 671.36 8,332,328.64 0.999919 671.36 I-B-3 468.33 5,812,531.67 0.999919 468.33 I-B-4 312.28 3,875,687.72 0.999919 312.28 I-B-5 265.39 3,293,734.61 0.999919 265.39 I-B-6 202.97 2,519,110.39 0.999919 202.97 R 100.00 0.00 0.000000 100.00 Totals 7,736,161.00 379,830,352.36 0.980039 7,736,161.00REPORT

~~Principal~~Pursuant ~~Distribution~~to ~~Factors~~Section ~~Statement~~13 ~~Class~~or ~~Original~~15(d) ~~Beginning~~of Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution I-A-1 211,495,000.00 1000.000000 0.080566 21.858187 0.000000 I-A-2 105,748,000.00 1000.000000 0.080566 21.858187 0.000000 I-A-3 35,249,000.00 1000.000000 0.080566 21.858187 0.000000 I-M-X 0.00 0.000000 0.000000 0.000000 0.000000 I-X-1 0.00 0.000000 0.000000 0.000000 0.000000 XP 100.00 1000.000000 0.000000 0.000000 0.000000 I-B-1 11,239,000.00 1000.000000 0.080567 0.000000 0.000000 I-B-2 8,333,000.00 1000.000000 0.080566 0.000000 0.000000 I-B-3 5,813,000.00 1000.000000 0.080566 0.000000 0.000000 I-B-4 3,876,000.00 1000.000000 0.080568 0.000000 0.000000 I-B-5 3,294,000.00 1000.000000 0.080568 0.000000 0.000000 I-B-6 2,519,313.36 1000.000000 0.080566 0.000000 0.000000 R 100.00 1000.000000 0.000000 1000.000000 0.000000the

~~Principal~~Securities ~~Distribution~~Exchange ~~Factors~~Act ~~Statement~~of (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution I-A-1 0.000000 21.938754 978.061246 0.978061 21.938754 I-A-2 0.000000 21.938754 978.061246 0.978061 21.938754 I-A-3 0.000000 21.938754 978.061246 0.978061 21.938754 I-M-X 0.000000 0.000000 0.000000 0.000000 0.000000 I-X-1 0.000000 0.000000 0.000000 0.000000 0.000000 XP 0.000000 0.000000 1,000.000000 1.000000 0.000000 I-B-1 0.000000 0.080567 999.919433 0.999919 0.080567 I-B-2 0.000000 0.080566 999.919434 0.999919 0.080566 I-B-3 0.000000 0.080566 999.919434 0.999919 0.080566 I-B-4 0.000000 0.080568 999.919432 0.999919 0.080568 I-B-5 0.000000 0.080568 999.919432 0.999919 0.080568 I-B-6 0.000000 0.080566 999.919434 0.999919 0.080566 R 0.000000 1,000.000000 0.000000 0.000000 1,000.0000001934

~~Interest~~Date ~~Distribution~~of ~~Statement~~Report ~~Class~~(Date ~~Accrual Accrual Current Beginning Current Payment~~ of ~~Dates~~earliest ~~Days~~event ~~Certificate~~reported) ~~Certificate/~~January Accrued Unpaid Interest Rate Notional Balance Interest Shortfall I-A-1 11/21/05 - 12/26/05 36 3.31400% 211,495,000.00 700,894.43 0.00 I-A-2 11/21/05 - 12/26/05 36 3.43400% 105,748,000.00 363,138.63 0.00 I-A-3 11/21/05 - 12/26/05 36 3.51400% 35,249,000.00 123,864.99 0.00 I-M-X 11/01/05 - 11/30/05 30 0.50955% 35,074,313.36 14,893.38 0.00 I-X-1 11/01/05 - 11/30/05 30 1.70140% 352,492,000.00 499,775.24 0.00 XP N/A N/A 0.00000% 100.00 0.00 0.00 I-B-1 11/21/05 - 12/26/05 36 3.81400% 11,239,000.00 42,865.55 0.00 I-B-2 11/21/05 - 12/26/05 36 4.31400% 8,333,000.00 35,948.56 0.00 I-B-3 11/21/05 - 12/26/05 36 5~~.16400% 5~~,~~813,000.00~~ 30,018.33 0.00 I-B-4 11/21/05 - 12/26/05 36 5.16400% 3,876,000.00 20,015.66 0.00 I-B-5 11/21/05 - 12/26/05 36 5.16400% 3,294,000.00 17,010.22 0.00 I-B-6 11/21/05 - 12/26/05 36 5.16400% 2,519,313.36 13,009.73 0.00 R N/A N/A 0.00000% 100.00 0.00 0.00 Totals 1,861,434.72 0.002006

~~Interest~~ STRUCTURED ~~Distribution~~ASSET ~~Statement~~MORTGAGE ~~(continued)~~INVESTMENTS ~~Class~~II ~~Current Non-Supported Total Remaining Ending Interest Interest Interest Unpaid Interest Certificate/Notional Shortfall(1) Shortfall Distribution Shortfall(2) Balance I-A-1 0~~INC.00 0.00 700,894.43 0.00 206,855,063.28 I-A-2 0.00 0.00 363,138.63 0.00 103,428,020.67 I-A-3 0.00 0.00 123,864.99 0.00 34,475,680.87 I-M-X 0.00 0.00 9,061.95 0.00 35,071,487.55 I-X-1 0.00 0.00 499,775.24 0.00 344,758,764.82 XP 0.00 0.00 0.00 0.00 100.00 I-B-1 0.00 0.00 42,865.55 0.00 11,238,094.51 I-B-2 0.00 0.00 35,948.56 0.00 8,332,328.64 I-B-3 0.00 0.00 30,018.33 0.00 5,812,531.67 I-B-4 0.00 0.00 20,015.66 0.00 3,875,687.72 I-B-5 0.00 0.00 17,010.22 0.00 3,293,734.61 I-B-6 0.00 0.00 13,009.73 0.00 2,519,110.39 R 0.00 0.00 0.14 0.00 0.00 Totals 0.00 0.00 1,855,603.43 0.00 (1,2) Amount also includes coupon cap or basis risk shortfalls,if applicable

~~Interest~~(Exact ~~Distribution~~name ~~Factors Statement Class Accrual Original Current Beginning Current Payment~~ of ~~Dates~~registrant ~~Face~~as ~~Certificate~~specified ~~Certificate/Notional~~in ~~Accrued~~its Unpaid Interest Amount Rate Balance Interest Shortfall I-A-1 11/21/05 - 12/26/05 211,495,000.00 3.31400% 1000.000000 3.314000 0.000000 I-A-2 11/21/05 - 12/26/05 105,748,000.00 3.43400% 1000.000000 3.434000 0.000000 I-A-3 11/21/05 - 12/26/05 35,249,000.00 3.51400% 1000.000000 3.514000 0.000000 I-M-X 11/01/05 - 11/30/05 0.00 0.50955% 0.000000 0.000000 0.000000 I-X-1 11/01/05 - 11/30/05 0.00 1.70140% 0.000000 0.000000 0.000000 XP N/A 100.00 0.00000% 1000.000000 0.000000 0.000000 I-B-1 11/21/05 - 12/26/05 11,239,000.00 3.81400% 1000.000000 3.814000 0.000000 I-B-2 11/21/05 - 12/26/05 8,333,000.00 4.31400% 1000.000000 4.314000 0.000000 I-B-3 11/21/05 - 12/26/05 5,813,000.00 5.16400% 1000.000000 5.164000 0.000000 I-B-4 11/21/05 - 12/26/05 3,876,000.00 5.16400% 1000.000000 5.163999 0.000000 I-B-5 11/21/05 - 12/26/05 3,294,000.00 5.16400% 1000.000000 5.164001 0.000000 I-B-6 11/21/05 - 12/26/05 2,519,313.36 5.16400% 1000.000000 5.163998 0.000000 R N/A 100.00 0.00000% 1000.000000 0.000000 0.000000charter)

Interest Distribution Factors Statement (continued) Class Current Non-Supported Total Remaining Unpaid Ending Interest Interest Interest Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(2) Notional Balance I-A-1 0.000000 0.000000 3.314000 0.000000 978.061246 I-A-2 0.000000 0.000000 3.434000 0.000000 978.061246 I-A-3 0.000000 0.000000 3.514000 0.000000 978.061246 I-M-X 0.000000 0.000000 0.000000 0.000000 0.000000 I-X-1 0.000000 0.000000 0.000000 0.000000 0.000000 XP 0.000000 0.000000 0.000000 0.000000 1000.000000 I-B-1 0.000000 0.000000 3.814000 0.000000 999.919433 I-B-2 0.000000 0.000000 4.314000 0.000000 999.919434 I-B-3 0.000000 0.000000 5.164000 0.000000 999.919434 I-B-4 0.000000 0.000000 5.163999 0.000000 999.919432 I-B-5 0.000000 0.000000 5.164001 0.000000 999.919432 I-B-6 0.000000 0.000000 5.163998 0.000000 999.919434 R 0.000000 0.000000 1.400000 0.000000 0.000000 (1,2) Amount also includes coupon cap or basis risk shortfalls,if applicable. Per $1 denomination.

Delaware

333-120916

30-0183252

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

383 Madison Avenue

New York, New York

10l79

(Address of Principal

Executive Offices)

(Zip Code)

~~CERTIFICATEHOLDER~~Registrants ~~ACCOUNT~~telephone ~~STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 9~~number,~~712,878.90~~ ~~Reserve~~including ~~Funds~~area ~~and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 0.00 Realized Loss (Gains~~code, ~~Subsequent~~is Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Swap/Cap Payments 0.00 Total Deposits 9,712,878.90 Withdrawals Swap Payments 0.00 Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances 0.00 Total Administration Fees 121,114.47 Payment of Interest and Principal 9,591,764.43 Total Withdrawals (~~Pool Distribution Amount~~212) ~~9,712,878.90 Ending Balance 0.00~~272-2000

~~PREPAYMENT/CURTAILMENT~~Items ~~INTEREST~~1 ~~SHORTFALL~~through ~~Total~~7 ~~Prepayment/Curtailment~~are ~~Interest~~not ~~Shortfall~~included ~~0.00~~because ~~Servicing~~they ~~Fee~~are ~~Support~~not 0applicable.~~00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00~~

~~ADMINISTRATION~~Item ~~FEES Gross Servicing Fee* 121,114~~8.~~47 Supported Prepayment/Curtailment Interest Shortfall 0~~01.00 ~~Total~~Other ~~Administration Fees 121,114~~Events.~~47 *Servicer Payees include: MORTGAGE IT HOLDINGS~~

~~COLLATERAL~~On ~~STATEMENT~~November ~~Collateral~~21, ~~Description~~2005, ~~Mixed~~Structured ~~ARM~~Asset ~~Weighted~~Mortgage ~~Average~~Investments ~~Gross~~II ~~Coupon 6~~Inc.~~102595%~~ ~~Weighted~~caused ~~Average~~the ~~Net~~issuance ~~Coupon~~and ~~5.727595%~~sale ~~Weighted~~of ~~Average~~the ~~Pass-Through~~MortgageIT ~~Rate~~Trust ~~5.727595%~~2005-AR1, ~~Weighted~~Mortgage ~~Average~~Pass-Through ~~Remaining~~Certificates, ~~Term~~Series ~~358~~2005-AR1, ~~Beginning~~pursuant ~~Scheduled~~to ~~Collateral~~a ~~Loan~~Pooling ~~Count~~and ~~987~~Servicing ~~Number Of Loans Paid In Full 22 Ending Scheduled Collateral Loan Count 965 Beginning Scheduled Collateral Balance 387~~Agreement,~~566,313.36~~ ~~Ending~~dated ~~Scheduled~~as ~~Collateral~~of ~~Balance~~November ~~379~~1,~~830,252.37~~ ~~Ending Actual Collateral Balance at 30-Nov-~~2005 ~~379~~,~~371,829.38~~ ~~Monthly~~among ~~P&I~~Structured ~~Constant~~Asset ~~1,270,923.89~~Mortgage ~~Special~~Investments ~~Servicing~~II ~~Fee 0~~Inc.00, ~~Prepayment~~as ~~Penalty~~depositor, ~~Waived~~MortgageIT, ~~Amount 0~~Inc.00, ~~Prepayment~~as ~~Penalty~~seller ~~Waived~~and ~~Count~~company, 0Deutsche ~~Prepayment~~Bank ~~Penalty~~National ~~Paid~~Trust ~~Amount~~Company, ~~0.00~~as ~~Prepayment~~trustee, ~~Penalty~~and ~~Paid~~Wells ~~Count~~Fargo 0Bank, ~~Realized~~National ~~Loss~~Association, ~~Amount~~as ~~0.00~~master ~~Cumulative~~servicer ~~Realized~~and ~~Loss~~securities 0administrator.~~00 Scheduled Principal 31,224.80 Unscheduled Principal 8,436,103.95~~

~~COLLATERAL~~Item ~~STATEMENT Collateral Description Mixed ARM Weighted Average Coupon Rate 6~~9.~~102595% Weighted Average Net Rate 5~~01.~~727595%~~ Financial ~~Weighted~~Statements ~~Average Pass Through Rate 5.727595% Weighted Average Remaining Term 358 Record Date 11/30/2005 Principal~~ and ~~Interest Constant 1,270,923~~Exhibits.89 Beginning Loan Count 987 Loans Paid in Full 22 Ending Loan Count 965 Beginning Scheduled Balance 387,566,313.36 Ending Scheduled Balance 379,830,252.37 Ending Actual Balance at 30-Nov-2005 379,371,829.38 Scheduled Principal 31,224.80 Unscheduled Principal 8,436,103.95 Scheduled Interest 1,970,966.85 Servicing Fee 121,114.47 Master Servicing Fee 0.00 Trustee Fee 0.00 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 0.00 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 1,849,852.38 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Special Servicing Fee 0.00 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount 0.00 Prepayment Penalty Paid Count 0

~~Additional~~(a) Not Reporting - Deal Level Informational Reporting Average Loss Severity Percentage 0.000000% Senior Percentage 90.950113% Senior Prepayment Percentage 100.000000% Subordinate Percentage 9.049887% Subordinate Prepayment Percentage 0.000000%applicable

~~LOAN~~(b) Not 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 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 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 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%applicable

~~OTHER~~(c) Exhibits ~~INFORMATION~~(executed ~~Current~~copies): The ~~Period~~following ~~Class~~execution Acopies ~~Insufficient~~of ~~Funds~~Exhibits ~~0.00~~to ~~Principal~~the ~~Balance~~Form ofS-3 ~~Contaminated~~Registration ~~Properties~~Statement ~~0.00~~of ~~Periodic~~the ~~Advance~~Registrant ~~0.00~~are hereby filed:

~~Summary~~Sequentially 12Exhibit ~~Month~~Numbered ~~REO~~Number History*Exhibit New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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.Page

~~REO~~10.1 Pooling ~~Loan~~and ~~Detail~~Servicing -Agreement, ~~All~~dated as of November 1, 2005 among Structured Asset Mortgage ~~Loans~~Investments inII ~~REO~~Inc., ~~during~~as ~~Current~~depositor, ~~Period~~MortgageIT, ~~Month~~Inc., ~~Loan~~as ~~First~~seller ~~Original~~and ~~Loan~~company, ~~Entered~~Deutsche ~~Payment~~Bank ~~LTV~~National atTrust ~~Principal~~Company, ~~Group~~as ~~Number~~trustee, ~~REO~~and ~~Date~~Wells ~~State~~Fargo ~~Origination~~Bank, ~~Balance~~National NoAssociation, ~~REO~~as ~~loans~~master ~~this~~servicer ~~period~~and securities administrator.

~~REO~~Pursuant ~~Loan~~to ~~Detail~~the -requirements ~~All~~of ~~Mortgage~~the ~~Loans~~Securities inExchange ~~REO~~Act ~~during~~of ~~Current~~1934, ~~Period~~the ~~(continued)~~Registrant ~~Current~~has ~~Paid~~duly ~~Current~~caused ~~Approximate~~this ~~Loan~~report ~~Principal~~to Tobe ~~Months~~signed ~~Loan~~on ~~Delinquent~~behalf ~~Group~~of ~~Number~~the ~~Balance~~Registrant ~~Date~~by ~~Delinquent~~the ~~Rate~~undersigned ~~Interest~~thereunto Noduly ~~REO loans this period~~authorized.

~~Summary~~STRUCTURED 12ASSET ~~Month~~MORTGAGE ~~Foreclosure~~INVESTMENTS History*II ~~New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jan-05 0~~INC.~~000%~~ ~~Original~~By: ~~Principal~~/s/ ~~Balance~~Baron ~~0.00~~Silverstein ~~Feb-05~~Name: ~~0.000%~~Baron ~~Current~~Silverstein ~~Principal~~Title: ~~Balance~~Vice 0.00 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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.President

~~Foreclosure~~Dated: ~~Loan~~January ~~Detail~~5, - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance No Foreclosure loans this period.2005

~~Foreclosure Loan Detail~~ [8-K ~~All~~– Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest No Foreclosure loans this period.PSA]

~~Summary~~EXHIBIT 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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.INDEX

Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period Group Loan Month Loan First State LTV at Original Number Entered Payment Origination Principal Bankruptcy Date Balance No Bankruptcy Loans this Period

Exhibit

Number

Item 601 (a) of

Regulation S-K

Exhibit No.

Sequentially

Numbered

Description

Page

Amendment No. 1 to Pooling and Servicing Agreement

~~Bankruptcy~~EXHIBIT Detail - All Mortgage Loans in Bankruptcy during Current Period (continued) Group Loan Current Paid To Months Current Approximate Number Principal Date Delinquent Loan Rate Delinquent Balance Interest No Bankruptcy Loans this Period1

Realized Loss Detail Report - Loans with Losses during Current Period Summary # Loans Prior Realized Current with Principal Loss/(Gain) Loss Group Losses Balance Amount Percentage Total 0 0.00 0.00 0.000%

Realized Loss Loan Detail Report - Loans With Losses during Current Period Original Current Loan Principal Note LTV at Original Group Number Balance Rate State Origination Term No losses this period.

Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued) Prior Cumulative Loan Principal Realized Realized Group Number Balance Loss/(Gain) Loss/(Gain) No losses this period.

Realized Loss Report - Collateral Summary MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Principal Principal Principal Group Count Balance Balance Count Balance Balance Total 4 1,453,000.00 1,447,845.15 18 6,236,400.00 6,231,532.74

Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount Total 0 0.00 0.00 0 0.00 0.00 740,375.30

Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Summary 0040286160 CA 44.44 01-Jun-2005 400,000.00 400,713.44 Summary 0040341643 AZ 79.98 01-Sep-2005 265,450.00 266,061.72 Summary 0040360495 CA 75.00 01-Oct-2005 615,000.00 615,066.44 Summary 0040361981 CA 47.61 01-Sep-2005 600,000.00 597,647.04 Summary 0040368159 FL 90.00 01-Sep-2005 235,800.00 236,487.56 Summary 0040372186 CA 55.59 01-Oct-2005 154,000.00 154,338.85 Summary 0040372364 AZ 80.00 01-Oct-2005 84,000.00 84,170.11 Summary 0040379079 VA 53.33 01-Nov-2005 200,000.00 199,932.66 Summary 0040381238 MA 74.32 01-Nov-2005 275,000.00 274,917.61 Summary 0040382610 NV 80.00 01-Oct-2005 256,000.00 256,592.04 Summary 0040383177 VA 75.00 01-Nov-2005 397,500.00 397,256.97 Summary 0040383440 CA 75.00 01-Oct-2005 294,000.00 294,495.32 Summary 0040383553 CA 64.60 01-Oct-2005 365,000.00 364,883.34 Summary 0040383879 WA 79.65 01-Oct-2005 368,000.00 368,545.33 Summary 0040384063 CA 59.59 01-Oct-2005 292,000.00 292,553.41 Summary 0040384119 VA 72.21 01-Oct-2005 330,000.00 330,420.19 Summary 0040384568 CA 67.64 01-Oct-2005 416,000.00 416,442.93 Summary 0040384599 CA 56.60 01-Oct-2005 750,000.00 751,580.73 Summary 0040384799 FL 80.00 01-Oct-2005 234,400.00 234,918.45 Summary 0040385293 CA 75.00 01-Oct-2005 371,250.00 371,759.92 Summary 0040387220 CA 80.00 01-Oct-2005 456,000.00 456,974.88 Summary 0040388702 VA 75.00 01-Nov-2005 330,000.00 329,969.71

Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Summary 0040286160 Repurchase 0 6.000% 360 6 Summary 0040341643 Repurchase 0 6.625% 360 3 Summary 0040360495 Loan Paid in Full 0 6.625% 360 2 Summary 0040361981 Loan Paid in Full 0 7.250% 360 3 Summary 0040368159 Repurchase 0 6.625% 360 3 Summary 0040372186 Loan Paid in Full 0 6.500% 360 2 Summary 0040372364 Loan Paid in Full 0 6.500% 360 2 Summary 0040379079 Repurchase 0 6.375% 360 1 Summary 0040381238 Repurchase 0 6.375% 360 1 Summary 0040382610 Repurchase 0 6.875% 360 2 Summary 0040383177 Repurchase 0 6.000% 360 1 Summary 0040383440 Repurchase 0 6.625% 360 2 Summary 0040383553 Repurchase 0 6.375% 360 2 Summary 0040383879 Repurchase 0 6.250% 360 2 Summary 0040384063 Repurchase 0 6.625% 360 2 Summary 0040384119 Repurchase 0 6.125% 360 2 Summary 0040384568 Repurchase 0 6.000% 360 2 Summary 0040384599 Repurchase 0 6.625% 360 2 Summary 0040384799 Repurchase 0 6.750% 360 2 Summary 0040385293 Repurchase 0 6.375% 360 2 Summary 0040387220 Repurchase 0 6.750% 360 2 Summary 0040388702 Repurchase 0 6.625% 360 1

Summary SMM CPR PSA Current Month 2.173% Current Month 23.172% Current Month 5,475.918% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 N/A N/A Aug-2005 N/A N/A Sep-2005 N/A N/A Sep-2005 N/A N/A Oct-2005 N/A N/A Oct-2005 N/A N/A Nov-2005 N/A N/A Nov-2005 N/A N/A Dec-2005 23.172% N/A Dec-2005 5,475.918% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))

Modifications Loan Beginning Current Prior Modified Prior Modified Number Balance Balance Rate Rate Payment Payment No Modifications this Period

Substitutions Loans Repurchased Loans Substituted Loan Current Current Current Loan Current Current Current Number Balance Rate Payment Number Balance Rate Payment No Substitutions this Period

Repurchases Loan Current Current Current Number Balance Rate Payment 0040286160 400,000.00 6.000% 1,286.56 0040341643 265,450.00 6.625% 853.79 0040368159 236,055.89 6.625% 871.56 0040379079 199,550.86 6.375% 678.31 0040381238 274,344.66 6.375% 884.51 0040382610 255,993.64 6.875% 868.23 0040383177 396,552.73 6.000% 1,278.52 0040383440 293,870.02 6.625% 997.11 0040383553 364,122.92 6.375% 1,173.98 0040383879 367,813.27 6.250% 1,183.63 0040384063 291,932.03 6.625% 990.33 0040384119 329,798.25 6.125% 1,061.41 0040384568 415,702.44 6.000% 1,338.02 0040384599 749,853.22 6.625% 2,412.30 0040384799 234,354.13 6.750% 753.92 0040385293 371,047.84 6.375% 1,259.11 0040387220 455,877.25 6.750% 1,466.68 0040388702 329,213.59 6.625% 1,061.41

Interest Rate Stratification Summary Current Number of Aggregate Percentage of Interest Rate Loans Outstanding Balance(%) Range(%) Balance($) < 1.750 0 0.00 0.000 1.750 1.999 22 13,441,385.44 3.539 2.000 2.249 1 597,160.44 0.157 2.250 2.499 0 0.00 0.000 2.500 2.749 0 0.00 0.000 2.750 2.999 3 500,231.89 0.132 3.000 3.249 0 0.00 0.000 3.250 3.499 0 0.00 0.000 3.500 3.749 0 0.00 0.000 3.750 3.999 0 0.00 0.000 4.000 4.249 0 0.00 0.000 4.250 4.499 0 0.00 0.000 4.500 4.749 0 0.00 0.000 4.750 4.999 2 602,579.57 0.159 5.000 5.249 3 1,417,481.32 0.373 5.250 5.499 7 3,773,738.06 0.994 5.500 5.749 32 15,486,366.00 4.077 5.750 5.999 79 36,461,879.82 9.600 6.000 6.249 220 92,584,330.99 24.375 6.250 6.499 220 81,399,622.81 21.431 6.500 6.749 322 110,104,809.86 28.988 6.750 6.999 55 17,668,016.91 4.652 7.000 7.249 19 5,350,451.23 1.409 >= 7.250 2 442,198.03 0.116 Total 987 379,830,252.37 100.000

Filing Compare · MortgageIT Trust 2005-AR1