~~New~~UNITED York Mortgage Trust Mortgage-Backed Notes Record Date: 7/29/2005 Distribution Date: 8/25/2005 New York Mortgage Trust Mortgage-Backed Notes Series 2005-2 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution A 649603AD9 SEN 3.81125% 217,126,000.00 643,627.81 M-1 649603AE7 MEZ 4.08125% 16,029,000.00 50,880.94 M-2 649603AF4 MEZ 4.48125% 6,314,000.00 22,006.92 OT NYM0502OT excess 0.00000% 0.00 334,179.80 Totals 239,469,000.00 1,050,695.47STATES

~~Certificateholder~~SECURITIES ~~Distribution~~AND ~~Summary~~EXCHANGE (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses A 684,727.07 0.00 216,441,272.93 1,328,354.88 0.00 M-1 50,548.94 0.00 15,978,451.06 101,429.88 0.00 M-2 19,911.79 0.00 6,294,088.21 41,918.71 0.00 OT 0.00 0.00 0.00 334,179.80 0.00 Totals 755,187.80 0.00 238,713,812.20 1,805,883.27 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.COMMISSION

~~Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A 217~~Washington,~~126,000.00~~ ~~217,126,000~~D.~~00 0~~C.00 684,727.07 0.00 0.00 M-1 16,029,000.00 16,029,000.00 0.00 50,548.94 0.00 0.00 M-2 6,314,000.00 6,314,000.00 0.00 19,911.79 0.00 0.00 OT 0.00 0.00 0.00 0.00 0.00 0.00 Totals 239,469,000.00 239,469,000.00 0.00 755,187.80 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. 20549

~~Principal~~FORM Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A 684,727.07 216,441,272.93 0.99684641 684,727.07 M8-~~1 50,548.94 15,978,451.06 0.99684641 50,548.94 M-2 19,911.79 6,294,088.21 0.99684641 19,911.79 OT 0.00 0.00 0.00000000 0.00 Totals 755,187.80 238,713,812.20 0.99684641 755,187.80~~K

~~Principal~~CURRENT Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A 217,126,000.00 1000.00000000 0.00000000 3.15359317 0.00000000 M-1 16,029,000.00 1000.00000000 0.00000000 3.15359286 0.00000000 M-2 6,314,000.00 1000.00000000 0.00000000 3.15359360 0.00000000 OT 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes are Per 1,000 DenominationREPORT

~~Principal~~PURSUANT ~~Distribution~~TO ~~Factors~~SECTION ~~Statement~~13 ~~(continued)~~OR ~~Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss~~ 15(3d) ~~Reduction~~OF Balance Percentage Distribution A 0.00000000 3.15359317 996.84640683 0.99684641 3.15359317 M-1 0.00000000 3.15359286 996.84640714 0.99684641 3.15359286 M-2 0.00000000 3.15359360 996.84640640 0.99684641 3.15359360 OT 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.THE

~~Interest~~SECURITIES ~~Distribution~~AND ~~Statement~~EXCHANGE ~~Beginning~~ACT ~~Payment~~OF of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A 217,126,000.00 3.81125% 217,126,000.00 643,627.81 0.00 0.00 M-1 16,029,000.00 4.08125% 16,029,000.00 50,880.94 0.00 0.00 M-2 6,314,000.00 4.48125% 6,314,000.00 22,006.92 0.00 0.00 OT 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 239,469,000.00 716,515.67 0.00 0.001934

~~Interest~~Date ~~Distribution~~of ~~Statement~~Report (~~continued)~~Date ~~Remaining~~of ~~Ending~~earliest ~~Non-Supported~~event ~~Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4~~reported) Distribution Shortfall Balance A 0.00 0.00 643,627.81 0.00 216,441,272.93 M-1 0.00 0.00 50,880.94 0.00 15,978,451.06 M-2 0.00 0.00 22,006.92 0.00 6,294,088.21 OT 0.00 0.00 334,179.80 0.00 0.00 Totals 0.00 0.00 1,050,695.47 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~~October Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A 217,126,000.00 3.81125% 1000.00000000 2.96430556 0.00000000 0.00000000 M-1 16,029,000.00 4~~.08125% 1000.00000000 3.17430532 0.00000000 0.00000000 M-2 6~~,~~314,000.00~~ ~~4.48125% 1000.00000000 3.48541653 0.00000000 0.00000000 OT 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All classes are Per 1,000 Denomination~~2005

~~Interest~~GREENWICH ~~Distribution~~CAPITAL ~~Factors~~ACCEPTANCE, ~~Statement~~INC. (~~continued)~~as ~~Remaining~~Depositor ~~Ending~~under ~~Non-Supported~~the ~~Total~~Sale ~~Unpaid~~and ~~Certificate/~~Servicing ~~Interest~~Agreement, ~~Realized~~dated ~~Interest~~as ~~Interest~~of ~~Notional~~July ~~Class~~1, ~~Shortfall~~2005, ~~Losses~~providing ~~(6)~~for ~~Distribution~~the ~~Shortfall~~issuance ~~Balance~~of ANew ~~0.00000000~~York ~~0.00000000~~Mortgage Trust 2005-2~~.96430556~~, ~~0.00000000 996.84640683 M~~Mortgage-1Backed ~~0.00000000~~Notes, ~~0.00000000~~Series ~~3.17430532 0.00000000 996.84640714 M~~2005-2 ~~0.00000000 0.00000000 3.48541653 0.00000000 996.84640640 OT 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6~~) ~~Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.~~

~~CERTIFICATEHOLDER~~Greenwich ~~ACCOUNT~~Capital ~~STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 1~~Acceptance,~~860,978.73~~ ~~Liquidations, Insurance Proceeds, Reserve Funds 0~~Inc.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 1,860,978.73 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 55,095.46 Payment of Interest and Principal 1,805,883.27 Total Withdrawals (Pool Distribution Amount) 1,860,978.73 Ending Balance 0.00

~~PREPAYMENT/CURTAILMENT~~(Exact ~~INTEREST~~Name ~~SHORTFALL~~of ~~Total~~Registrant ~~Prepayment/Curtailment~~as ~~Interest~~Specified ~~Shortfall~~in ~~0.00~~its ~~Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00~~Charter)

SERVICING FEES Gross Servicing Fee 51,513.13 Master Servicing Fee 3,582.33 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 55,095.46

Delaware

333-121661

06-1199884

State or Other Jurisdiction

Of Incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 0.00 0.00 0.00

600 Steamboat Road

Greenwich, CT

06830

(Address of Principal Executive Offices)

(Zip Code)

~~LOAN~~Registrant’s ~~STATUS~~telephone ~~STRATIFICATION/CREDIT~~number, ~~ENHANCEMENT~~including ~~STATEMENT~~area ~~DELINQUENT~~code: (203) ~~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~~625-29 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%2700

~~OTHER~~No ~~INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00~~Change

COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 5.460202% Weighted Average Net Coupon 5.205680% Weighted Average Pass-Through Rate 5.187980% Weighted Average Maturity(~~Stepdown~~Former ~~Calculation)~~Name ~~357~~or ~~Beginning~~Former ~~Scheduled Collateral Loan Count 556 Number Of Loans Paid In Full 2 Ending Scheduled Collateral Loan Count 554 Beginning Scheduled Collateral Balance 242~~Address,~~869,870.00~~ ~~Ending~~if ~~Scheduled~~Changed ~~Collateral~~Since ~~Balance~~Last 242,113,990.38 Ending Actual Collateral Balance at 29-Jul-2005 242,147,596.05 Monthly P&I Constant 1,162,271.85 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 57,173.02 Unscheduled Principal 698,706.83 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 692.05 Specified O/C Amount 3,400,178.18 Overcollateralized Amount 3,400,178.18 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 333,487.75Report)

~~Owner~~Check ~~Trustee~~the ~~Fee~~appropriate ~~0.00~~box ~~Cap~~below ~~Payment~~if ~~0.00~~the ~~Other~~Form ~~Income~~8-K ~~0.00~~filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

~~Miscellaneous~~[ ~~Reporting~~] ~~Extra~~Written ~~Principal~~communications ~~Amount~~pursuant ~~0.00~~to ~~Overcollaterization~~Rule ~~Amount~~425 ~~3,400,178.18~~under ~~Overcollaterization~~the ~~Deficiency~~Securities ~~Amount~~Act 0(17 CFR 230.00425) ~~Overcollaterization~~[ ~~Reduction~~] ~~Amount~~Soliciting ~~692.05~~material ~~Overcollaterization~~pursuant ~~Release~~to ~~Amount~~Rule ~~692~~14a-12 under the Exchange Act (17 CFR 240.0514a-12) ~~Overcollaterization~~[ ~~Target~~] ~~Amount~~Pre-commencement ~~3,400,178~~communications pursuant to Rule 14d-2(d) under the Exchange Act (17 CFR 240.1814d-2(b)) ~~Principal~~[ ~~Distribution~~] ~~Amount~~Pre-commencement ~~755,187~~communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.8013e-4(c))

Item 8.01 Other Events

The Registrant registered issuances of New York Mortgage Trust 2005-2, Mortgage-Backed Notes, Series 2005-2 on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, as amended (the “Act”), by a Registration Statement on Form S-3 (Registration File No. 333-121661) (the “Registration Statement”). Pursuant to the Registration Statement, the Registrant issued $239,469,000 in aggregate principal amount of Class A, Class M-1 and Class M-2 of New York Mortgage Trust 2005-2, Mortgage-Backed Notes, Series 2005-2 and one class of Trust Certificates (the “Trust Certificates”) on July 28, 2005. The Notes were offered pursuant to the definitive Prospectus, dated February 22, 2005, as supplemented by the Prospectus Supplement, dated July 26, 2005 (the “Prospectus Supplement”), a form of which was filed as an exhibit to the Registration Statement.

This Current Report on Form 8-K includes a copy of the Trust Agreement, the Sale and Servicing Agreement, the Administration Agreement and the Indenture (each as defined below) and other operative agreements executed in connection with the issuance of the Notes and the Trust Certificates. The Trust Certificates were issued pursuant to a Trust Agreement (the “Trust Agreement”), attached hereto as Exhibit 4.1, dated as of July 1, 2005, among the Registrant, as Depositor (the “Depositor”), Wilmington Trust Company, as Owner Trustee (the “Owner Trustee”) and Wells Fargo Bank, N.A. (“WF”), as Trust Administrator (the “Trust Administrator”). The Notes were issued pursuant to an indenture (the “Indenture”), attached hereto as Exhibit 4.2, dated as of July 1, 2005, among New York Mortgage Trust 2005-2, as issuer (the “Issuer”), U.S. Bank National Association, as indenture trustee (the “Indenture Trustee”) and the Trust Administrator. The “Notes” consist of the following classes: Class A, Class M-1 and Class M-2. The Notes are secured by the assets of a trust fund (the “Trust Fund”) that consists primarily of a pool of hybrid and adjustable rate, first lien, residential mortgage loans (the “Mortgage Loans”) with an aggregate outstanding principal balance of $242,869,870 as of July 1, 2005, together with certain other assets. The Mortgage Loans will be master serviced by Wells Fargo Bank, N.A., as master servicer (the “Master Servicer”) pursuant to the terms of a Sale and Servicing Agreement (the “Sale and Servicing Agreement”), attached hereto as Exhibit 99.2, dated as of July 1, 2005, among the Issuer, New York Mortgage Funding, LLC, as seller, New York Mortgage Trust Inc., the Depositor, the Master Servicer, the Trust Administrator and the Indenture Trustee. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to them in the Sale and Servicing Agreement.

Item 9.01. Financial Statements and Exhibits

(a)

Not applicable.

(b)

Not applicable.

(c)

Exhibits:

4.1

Trust Agreement, dated as of July 1, 2005, among Greenwich Capital Acceptance, Inc., as depositor, Wilmington Trust Company, as owner trustee and Wells Fargo Bank, N.A., as trust administrator.

4.2

Indenture, dated as of July 1, 2005, among New York Mortgage Trust 2005-2, as issuer, U.S. Bank National Association, as indenture trustee and Wells Fargo Bank, N.A., as trust administrator.

99.1

Administration Agreement, dated as of July 1, 2005, among New York Mortgage Trust 2005-2, as issuer, Wells Fargo Bank, N.A., as trust administrator, Wilmington Trust Company, as owner trustee, U.S. Bank National Association, as indenture trustee and Greenwich Capital Acceptance, Inc., as depositor.

99.2

Sale and Servicing Agreement, dated as of July 1, 2005, among New York Mortgage Trust 2005-2, as issuer, New York Mortgage Funding, LLC, as seller, New York Mortgage Trust Inc., Greenwich Capital Acceptance, Inc., as depositor, Wells Fargo Bank, N.A., as master servicer and trust administrator and U.S. Bank National Association, as indenture trustee.

SIGNATURES

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

GREENWICH CAPITAL ACCEPTANCE, INC.,

By: /s/ Shakti Radhakishun

Name: Shakti Radhakishun

Title: Senior Vice President

Dated: October 4, 2005

EXHIBIT INDEX

Exhibit No.

Description

4.1

Trust Agreement, dated as of July 1, 2005, among Greenwich Capital Acceptance, Inc., as depositor, Wilmington Trust Company, as owner trustee and Wells Fargo Bank, N.A., as trust administrator.

4.2

Indenture, dated as of July 1, 2005, among New York Mortgage Trust 2005-2, as issuer, U.S. Bank National Association, as indenture trustee and Wells Fargo Bank, N.A., as trust administrator.

99.1

99.2

Filing Compare · New York Mortgage Trust 2005-2