Structured Asset Securities Corporation  Mortgage Pass-Through Certificates, Series 2005-5
Distribution Date:          07/25/2005
Record Date:                06/30/2005

Distribution Summary

DISTRIBUTION IN DOLLARS

                                                  Prior         Pass-                                                                                   Current
                            Original              Principal     Through       Interest    Principal   Total          Deferred               Realized    Principal
Class                       Balance               Balance       Rate          Distributed Distributed Distributed    Interest               Loss        Balance
(1)                         (2)                   (3)           (4)           (5)         (6)         (7)=(5+6)      (8)                    (9)         (10)=(3-6+8-9)

A1I                         293,716,000.00        285,754,019.205.750000%     1,369,238.014,769,461.606,138,699.61   0.00                   0.00        280,984,557.60

A2I                         15,655,000.00         15,655,000.00 5.750000%     75,013.54   0.00        75,013.54      0.00                   0.00        15,655,000.00

A3I                         36,689,000.00         36,689,000.00 5.750000%     175,801.46  0.00        175,801.46     0.00                   0.00        36,689,000.00

A4I                         1,509,000.00          1,509,000.00  5.750000%     7,230.62    0.00        7,230.62       0.00                   0.00        1,509,000.00

A1II                        199,251,000.00        196,634,750.325.500000%     901,242.61  3,051,725.443,952,968.05   0.00                   0.00        193,583,024.88

A2II                        52,235,000.00         52,235,000.00 5.500000%     239,410.42  0.00        239,410.42     0.00                   0.00        52,235,000.00

A3II                        4,737,000.00          4,737,000.00  5.500000%     21,711.25   0.00        21,711.25      0.00                   0.00        4,737,000.00

A4II                        30,433,000.00         30,433,000.00 5.500000%     139,484.58  0.00        139,484.58     0.00                   0.00        30,433,000.00

A5II                        1,203,000.00          1,203,000.00  5.500000%     5,513.75    0.00        5,513.75       0.00                   0.00        1,203,000.00

A1III                       93,770,000.00         91,179,500.37 6.000000%     455,897.50  1,101,584.601,557,482.10   0.00                   0.00        90,077,915.77

A2III                       3,705,000.00          3,602,645.29  6.000000%     18,013.23   43,525.34   61,538.57      0.00                   0.00        3,559,119.95

A1IV                        80,401,000.00         78,256,767.40 5.000000%     326,069.86  314,617.99  640,687.85     0.00                   0.00        77,942,149.41

AP                          8,938,223.00          8,865,466.18  0.000000%     0.00        50,544.70   50,544.70      0.00                   0.00        8,814,921.48

B1                          16,239,000.00         16,202,608.58 5.618776%     75,865.69   12,278.77   88,144.46      0.00                   0.00        16,190,329.81

B2                          5,983,000.00          5,969,592.15  5.618776%     27,951.50   4,523.92    32,475.42      0.00                   0.00        5,965,068.23

B3                          3,418,000.00          3,410,340.29  5.618776%     15,968.28   2,584.45    18,552.73      0.00                   0.00        3,407,755.84

B4                          854,000.00            852,086.20    5.618776%     3,989.73    645.73      4,635.46       0.00                   0.00        851,440.47

B5                          2,136,000.00          2,131,213.25  5.618776%     9,979.01    1,615.09    11,594.10      0.00                   0.00        2,129,598.16

B6                          2,136,000.00          2,131,213.25  5.618776%     9,979.01    1,615.09    11,594.10      0.00                   0.00        2,129,598.16

B7                          1,713,958.00          1,710,117.03  5.618776%     8,007.30    1,295.78    9,303.08       0.00                   0.00        1,708,821.25

R                           100.00                0.00          5.000000%     0.00        0.00        0.00           0.00                   0.00        0.00

P                           0.00                  0.00          0.000000%     34,455.01   0.00        34,455.01      0.00                   0.00        0.00

Totals                      854,722,281.00        839,161,319.51              3,920,822.369,356,018.5013,276,840.86  0.00                   0.00        823,837,283.44

Notional Classes

AX                          4,519,760.00          4,263,837.83  5.500000%     19,542.59   0.00        19,542.59      0.00                   0.00        4,198,206.69

AXIV                        2,361,042.00          2,234,756.64  5.000000%     9,311.49    0.00        9,311.49       0.00                   0.00        2,226,127.85

PAXIV                       755,977.00            747,170.26    5.000000%     3,113.21    0.00        3,113.21       0.00                   0.00        744,211.07

PAX                         1,329,868.00          1,327,577.51  0.000000%     6,084.73    0.00        6,084.73       0.00                   0.00        1,319,515.34

Totals                      8,966,647.00          8,573,342.24                38,052.02   0.00        38,052.02      0.00                   0.00        0.00

Component Classes

API                         3,770,256.00          3,733,387.75  0.000000%     0.00        29,205.89   29,205.89      0.00                   0.00        3,704,181.86

APII                        2,434,654.00          2,420,228.39  0.000000%     0.00        11,752.09   11,752.09      0.00                   0.00        2,408,476.30

APIII                       2,164,337.00          2,150,165.52  0.000000%     0.00        7,088.15    7,088.15       0.00                   0.00        2,143,077.37

APIV                        568,976.00            561,684.52    0.000000%     0.00        2,498.57    2,498.57       0.00                   0.00        559,185.95

AXI                         2,413,528.00          2,224,395.90  5.500000%     10,195.15   27,907.91   38,103.06      0.00                   0.00        2,196,487.99

AXII                        1,016,854.00          1,000,374.55  5.500000%     4,585.05    9,853.34    14,438.39      0.00                   0.00        990,521.21

AXIII                       1,089,378.00          1,039,067.37  5.500000%     4,762.39    27,869.90   32,632.29      0.00                   0.00        1,011,197.47

PAXI                        651,341.00            650,302.45    5.500000%     2,980.55    335.93      3,316.48       0.00                   0.00        649,966.52

PAXII                       275,180.00            274,524.58    5.500000%     1,258.24    309.26      1,567.50       0.00                   0.00        274,215.32

PAXIII                      403,347.00            402,750.47    5.500000%     1,845.94    7,416.97    9,262.91       0.00                   0.00        395,333.50

Distribution Summary (Factors)

PER $1,000 OF ORIGINAL BALANCE

                                                  Prior                                                                                     Current
                                                  Principal     Interest      Principal   Total       Deferred       Realized               Principal
                                                                Distributed
Class                       CUSIP                 Balance       (5/2 x 1000)  Distributed Distributed Interest       Loss                   Balance
                                                  (3/2 x 1000)                (6/2 x 1000)(7/2 x 1000)(8/2 x 1000)   (9/2 x 1000)           (10/2 x
                                                                                                                                            1000)

A1I                         863576AA2             972.892247    4.661775      16.238345   20.900120   0.000000       0.000000               956.653902

A2I                         863576AB0             1,000.000000  4.791667      0.000000    4.791667    0.000000       0.000000               1,000.000000

A3I                         863576AC8             1,000.000000  4.791667      0.000000    4.791667    0.000000       0.000000               1,000.000000

A4I                         863576AD6             1,000.000000  4.791663      0.000000    4.791663    0.000000       0.000000               1,000.000000

A1II                        863576AE4             986.869578    4.523152      15.315986   19.839138   0.000000       0.000000               971.553593

A2II                        863576AF1             1,000.000000  4.583333      0.000000    4.583333    0.000000       0.000000               1,000.000000

A3II                        863576AG9             1,000.000000  4.583333      0.000000    4.583333    0.000000       0.000000               1,000.000000

A4II                        863576AH7             1,000.000000  4.583333      0.000000    4.583333    0.000000       0.000000               1,000.000000

A5II                        863576AJ3             1,000.000000  4.583333      0.000000    4.583333    0.000000       0.000000               1,000.000000

A1III                       863576AK0             972.373898    4.861869      11.747730   16.609599   0.000000       0.000000               960.626168

A2III                       863576AL8             972.373897    4.861870      11.747730   16.609601   0.000000       0.000000               960.626167

A1IV                        863576AM6             973.330772    4.055545      3.913110    7.968655    0.000000       0.000000               969.417662

AP                          863576AQ7             991.860035    0.000000      5.654894    5.654894    0.000000       0.000000               986.205142

B1                          863576AT1             997.759011    4.671820      0.756128    5.427949    0.000000       0.000000               997.002883

B2                          863576AU8             997.759009    4.671820      0.756129    5.427949    0.000000       0.000000               997.002880

B3                          863576AV6             997.759008    4.671820      0.756129    5.427949    0.000000       0.000000               997.002879

B4                          86359B7B1             997.759016    4.671815      0.756124    5.427939    0.000000       0.000000               997.002892

B5                          86359B7C9             997.759012    4.671821      0.756128    5.427949    0.000000       0.000000               997.002884

B6                          86359B7D7             997.759012    4.671821      0.756128    5.427949    0.000000       0.000000               997.002884

B7                          86359B7E5             997.759006    4.671818      0.756016    5.427834    0.000000       0.000000               997.002990

R                           863576AW4             0.000000      0.000000      0.000000    0.000000    0.000000       0.000000               0.000000

AX                          863576AR5             943.377044    4.323811      0.000000    4.323811    0.000000       0.000000               928.856110

AXIV                        863576AN4             946.512870    3.943805      0.000000    3.943805    0.000000       0.000000               942.858217

PAXIV                       863576AP9             988.350519    4.118128      0.000000    4.118128    0.000000       0.000000               984.436127

PAX                         863576AS3             998.277656    4.575439      0.000000    4.575439    0.000000       0.000000               992.215272

Interest Distribution Detail

DISTRIBUTION IN DOLLARS

                            Prior                 Pass-         Optimal       Prior       Non-Recov                                                     Current
                            Principal             Through       Accrued       Unpaid      Interest    Interest       Deferred               Interest    Unpaid
                                                                                                                                            Distributed
Class                       Balance               Rate          Interest      Interest    Shortfall   Due            Interest               (9)         Interest
(1)                         (2)                   (3)           (4)           (5)         (6)         (7)=(4)+(5)-(6)(8)                                (10)=(7)-(8)-(9)

A1I                         285,754,019.20        5.750000%     1,369,238.01  0.00        0.00        1,369,238.01   0.00                   1,369,238.010.00

A2I                         15,655,000.00         5.750000%     75,013.54     0.00        0.00        75,013.54      0.00                   75,013.54   0.00

A3I                         36,689,000.00         5.750000%     175,801.46    0.00        0.00        175,801.46     0.00                   175,801.46  0.00

A4I                         1,509,000.00          5.750000%     7,230.62      0.00        0.00        7,230.62       0.00                   7,230.62    0.00

A1II                        196,634,750.32        5.500000%     901,242.61    0.00        0.00        901,242.61     0.00                   901,242.61  0.00

A2II                        52,235,000.00         5.500000%     239,410.42    0.00        0.00        239,410.42     0.00                   239,410.42  0.00

A3II                        4,737,000.00          5.500000%     21,711.25     0.00        0.00        21,711.25      0.00                   21,711.25   0.00

A4II                        30,433,000.00         5.500000%     139,484.58    0.00        0.00        139,484.58     0.00                   139,484.58  0.00

A5II                        1,203,000.00          5.500000%     5,513.75      0.00        0.00        5,513.75       0.00                   5,513.75    0.00

A1III                       91,179,500.37         6.000000%     455,897.50    0.00        0.00        455,897.50     0.00                   455,897.50  0.00

A2III                       3,602,645.29          6.000000%     18,013.23     0.00        0.00        18,013.23      0.00                   18,013.23   0.00

A1IV                        78,256,767.40         5.000000%     326,069.86    0.00        0.00        326,069.86     0.00                   326,069.86  0.00

AP                          8,865,466.18          0.000000%     0.00          0.00        0.00        0.00           0.00                   0.00        0.00

B1                          16,202,608.58         5.618776%     75,865.69     0.00        0.00        75,865.69      0.00                   75,865.69   0.00

B2                          5,969,592.15          5.618776%     27,951.50     0.00        0.00        27,951.50      0.00                   27,951.50   0.00

B3                          3,410,340.29          5.618776%     15,968.28     0.00        0.00        15,968.28      0.00                   15,968.28   0.00

B4                          852,086.20            5.618776%     3,989.73      0.00        0.00        3,989.73       0.00                   3,989.73    0.00

B5                          2,131,213.25          5.618776%     9,979.01      0.00        0.00        9,979.01       0.00                   9,979.01    0.00

B6                          2,131,213.25          5.618776%     9,979.01      0.00        0.00        9,979.01       0.00                   9,979.01    0.00

B7                          1,710,117.03          5.618776%     8,007.30      0.00        0.00        8,007.30       0.00                   8,007.30    0.00

R                           0.00                  5.000000%     0.00          0.00        0.00        0.00           0.00                   0.00        0.00

P                           0.00                  0.000000%     34,455.01     0.00        0.00        34,455.01      0.00                   34,455.01   0.00

  Totals                    839,161,319.51                      3,920,822.36  0.00        0.00        3,920,822.36   0.00                   3,920,822.360.00

Notional Classes

AX                          4,263,837.83          5.500000%     19,542.59     0.01        0.00        19,542.60      0.00                   19,542.59   0.01

AXIV                        2,234,756.64          5.000000%     9,311.49      0.00        0.00        9,311.49       0.00                   9,311.49    0.00

PAXIV                       747,170.26            5.000000%     3,113.21      0.00        0.00        3,113.21       0.00                   3,113.21    0.00

PAX                         1,327,577.51          0.000000%     0.00          0.00        0.00        0.00           0.00                   6,084.73    0.00

  Totals                    8,573,342.24                        31,967.29     0.01        0.00        31,967.30      0.00                   38,052.02   0.01

Component Classes

API                         3,733,387.75          0.000000%     0.00          0.00        0.00        0.00           0.00                   0.00        0.00

APII                        2,420,228.39          0.000000%     0.00          0.00        0.00        0.00           0.00                   0.00        0.00

APIII                       2,150,165.52          0.000000%     0.00          0.00        0.00        0.00           0.00                   0.00        0.00

APIV                        561,684.52            0.000000%     0.00          0.00        0.00        0.00           0.00                   0.00        0.00

AXI                         2,224,395.90          5.500000%     10,195.15     0.00        0.00        10,195.15      0.00                   10,195.15   0.00

AXII                        1,000,374.55          5.500000%     4,585.05      0.00        0.00        4,585.05       0.00                   4,585.05    0.00

AXIII                       1,039,067.37          5.500000%     4,762.39      0.00        0.00        4,762.39       0.00                   4,762.39    0.00

PAXI                        650,302.45            5.500000%     2,980.55      0.00        0.00        2,980.55       0.00                   2,980.55    0.00

PAXII                       274,524.58            5.500000%     1,258.24      0.00        0.00        1,258.24       0.00                   1,258.24    0.00

PAXIII                      402,750.47            5.500000%     1,845.94      0.00        0.00        1,845.94       0.00                   1,845.94    0.00

Principal Distribution
Detail

DISTRIBUTION IN DOLLARS

                                                  Prior                                   Current     Current        Current                Cumulative
                            Original              Principal     Principal     Accreted    Realized    Principal      Principal              Realized
Class                       Balance               Balance       Distribution  Principal   Losses      Recoveries     Balance                Losses
(1)                         (2)                   (3)           (4)           (5)         (6)         (7)            (8)=(3)-(4)+(5)-(6)+(7)(9)

A1I                         293,716,000.00        285,754,019.204,769,461.60  0.00        0.00        0.00           280,984,557.60         0.00

A2I                         15,655,000.00         15,655,000.00 0.00          0.00        0.00        0.00           15,655,000.00          0.00

A3I                         36,689,000.00         36,689,000.00 0.00          0.00        0.00        0.00           36,689,000.00          0.00

A4I                         1,509,000.00          1,509,000.00  0.00          0.00        0.00        0.00           1,509,000.00           0.00

A1II                        199,251,000.00        196,634,750.323,051,725.44  0.00        0.00        0.00           193,583,024.88         0.00

A2II                        52,235,000.00         52,235,000.00 0.00          0.00        0.00        0.00           52,235,000.00          0.00

A3II                        4,737,000.00          4,737,000.00  0.00          0.00        0.00        0.00           4,737,000.00           0.00

A4II                        30,433,000.00         30,433,000.00 0.00          0.00        0.00        0.00           30,433,000.00          0.00

A5II                        1,203,000.00          1,203,000.00  0.00          0.00        0.00        0.00           1,203,000.00           0.00

A1III                       93,770,000.00         91,179,500.37 1,101,584.60  0.00        0.00        0.00           90,077,915.77          0.00

A2III                       3,705,000.00          3,602,645.29  43,525.34     0.00        0.00        0.00           3,559,119.95           0.00

A1IV                        80,401,000.00         78,256,767.40 314,617.99    0.00        0.00        0.00           77,942,149.41          0.00

AP                          8,938,223.00          8,865,466.18  50,544.70     0.00        0.00        0.00           8,814,921.48           0.00

B1                          16,239,000.00         16,202,608.58 12,278.77     0.00        0.00        0.00           16,190,329.81          0.00

B2                          5,983,000.00          5,969,592.15  4,523.92      0.00        0.00        0.00           5,965,068.23           0.00

B3                          3,418,000.00          3,410,340.29  2,584.45      0.00        0.00        0.00           3,407,755.84           0.00

B4                          854,000.00            852,086.20    645.73        0.00        0.00        0.00           851,440.47             0.00

B5                          2,136,000.00          2,131,213.25  1,615.09      0.00        0.00        0.00           2,129,598.16           0.00

B6                          2,136,000.00          2,131,213.25  1,615.09      0.00        0.00        0.00           2,129,598.16           0.00

B7                          1,713,958.00          1,710,117.03  1,295.78      0.00        0.00        0.00           1,708,821.25           0.00

R                           100.00                0.00          0.00          0.00        0.00        0.00           0.00                   0.00

P                           0.00                  0.00          0.00          0.00        0.00        0.00           0.00                   0.00

  Totals                    850,872,223.00        839,161,319.519,356,018.50  3,868,381.049,353,107.630.00           829,805,301.01         0.00

Component Classes

API                         3,770,256.00          3,733,387.75  29,205.89     0.00        0.00        0.00           3,704,181.86           0.00

APII                        2,434,654.00          2,420,228.39  11,752.09     0.00        0.00        0.00           2,408,476.30           0.00

APIII                       2,164,337.00          2,150,165.52  7,088.15      0.00        0.00        0.00           2,143,077.37           0.00

APIV                        568,976.00            561,684.52    2,498.57      0.00        0.00        0.00           559,185.95             0.00

AXI                         2,413,528.00          2,224,395.90  27,907.91     0.00        0.00        0.00           2,196,487.99           0.00

AXII                        1,016,854.00          1,000,374.55  9,853.34      0.00        0.00        0.00           990,521.21             0.00

AXIII                       1,089,378.00          1,039,067.37  27,869.90     0.00        0.00        0.00           1,011,197.47           0.00

PAXI                        651,341.00            650,302.45    335.93        0.00        0.00        0.00           649,966.52             0.00

PAXII                       275,180.00            274,524.58    309.26        0.00        0.00        0.00           274,215.32             0.00

PAXIII                      403,347.00            402,750.47    7,416.97      0.00        0.00        0.00           395,333.50             0.00

Collateral Summary - Group 1

ASSET CHARACTERISTICS

                            Cut-Off               Prior         Current

Aggregate Stated Principal
Balance                     0.00                  357,200,073.00352,395,117.89

Loan Count                  0                     1,101         1,088

Weighted Average Coupon Rate
(WAC)                       0.000000%             5.984165%     N/A

Net Weighted Average Coupon
Rate (Net WAC)              0.000000%             5.734165%     N/A

Weighted Average Maturity
(WAM in months)             0                     355           354

AVAILABLE PRINCIPAL         AVAILABLE INTEREST

Scheduled Interest          1,781,287.03
Curtailments                651,071.34
Less:                       Master Servicing Fees 0.00
Sub Servicing Fees          74,416.75
Trustee Fees                0.00
Insurance Fees              0.00
Uncompensated PPIS          0.00
Relief Act Shortfall        0.00
Other Interest Reductions   0.00
Current Realized Losses     0.00
TOTAL AVAILABLE INTEREST    1,706,870.28

Collateral Summary - Group 2

ASSET CHARACTERISTICS

                            Cut-Off               Prior         Current

Aggregate Stated Principal
Balance                     0.00                  299,116,331.80296,048,128.03

Loan Count                  0                     884           877

Weighted Average Coupon Rate
(WAC)                       0.000000%             5.728940%     N/A

Net Weighted Average Coupon
Rate (Net WAC)              0.000000%             5.478940%     N/A

Weighted Average Maturity
(WAM in months)             0                     355           354

AVAILABLE PRINCIPAL         AVAILABLE INTEREST

Scheduled Interest          1,428,016.51
Curtailments                197,734.76
Less:                       Master Servicing Fees 0.00
Sub Servicing Fees          62,316.13
Insurance Fees              0.00
Trustee Fees                0.00
Uncompensated PPIS          0.00
Relief Act Shortfall        0.00
Other Interest Reductions   0.00
Current Realized Losses     0.00
TOTAL AVAILABLE INTEREST    1,365,700.38

Collateral Summary - Group 3

ASSET CHARACTERISTICS

                            Cut-Off               Prior         Current

Aggregate Stated Principal
Balance                     0.00                  100,863,662.1099,710,010.74

Loan Count                  0                     568           562

Weighted Average Coupon Rate
(WAC)                       0.000000%             6.200716%     N/A

Net Weighted Average Coupon
Rate (Net WAC)              0.000000%             5.950716%     N/A

Weighted Average Maturity
(WAM in months)             0                     356           355

AVAILABLE PRINCIPAL         AVAILABLE INTEREST

Scheduled Interest          521,189.05
Curtailments                112,240.70
Less:                       Master Servicing Fees 0.00
Sub Servicing Fees          21,013.38
Insurance Fees              0.00
Trustee Fees                0.00
Uncompensated PPIS          0.00
Relief Act Shortfall        0.00
Other Interest Reductions   0.00
Current Realized Losses     0.00
TOTAL AVAILABLE INTEREST    500,175.67

Collateral Summary - Group 4

ASSET CHARACTERISTICS

                            Cut-Off               Prior         Current

Aggregate Stated Principal
Balance                     0.00                  81,981,253.53 81,652,045.15

Loan Count                  0                     206           206

Weighted Average Coupon Rate
(WAC)                       0.000000%             5.397609%     N/A

Net Weighted Average Coupon
Rate (Net WAC)              0.000000%             5.147609%     N/A

Weighted Average Maturity
(WAM in months)             0                     175           174

AVAILABLE PRINCIPAL         AVAILABLE INTEREST

Scheduled Interest          368,752.35
Curtailments                15,529.33
Less:                       Master Servicing Fees 0.00
Sub Servicing Fees          17,079.43
Insurance Fees              0.00
Trustee Fees                0.00
Uncompensated PPIS          0.00
Relief Act Shortfall        0.00
Other Interest Reductions   0.00
Current Realized Losses     0.00
TOTAL AVAILABLE INTEREST    351,672.92

Delinquency Information

 GROUP 1

                            1 Month               2 Months      3+ Months     Totals

Delinquency

Scheduled Principal Balance 451,829.46            0.00          0.00          451,829.46
Percentage of Total Pool
Balance                     0.1282%               0.0000%       0.0000%       0.1282%
Number of Loans             1                     0             0             1

Percentage of Total Loans   0.0919%               0.0000%       0.0000%       0.0919%
Bankruptcy

Scheduled Principal Balance                       0.00          0.00          0.00        0.00
Percentage of Total Pool Balance                  0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                                   0             0             0           0
Percentage of Total Loans                         0.0000%       0.0000%       0.0000%     0.0000%

Foreclosure

Scheduled Principal Balance                       0.00          0.00          90,263.76   90,263.76
Percentage of Total Pool Balance                  0.0000%       0.0000%       0.0256%     0.0256%

Number of Loans                                   0             0             1           1
Percentage of Total Loans                         0.0000%       0.0000%       0.0919%     0.0919%

REO

Scheduled Principal Balance                       0.00          0.00          0.00        0.00
Percentage of Total Pool Balance                  0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                                   0             0             0           0
Percentage of Total Loans                         0.0000%       0.0000%       0.0000%     0.0000%

Total

Scheduled Principal Balance                       451,829.46    0.00          90,263.76   542,093.22
Percentage of Total Pool Balance                  0.1282%       0.0000%       0.0256%     0.1538%

Number of Loans                                   1             0             1           2
Percentage of Total Loans                         0.0919%       0.0000%       0.0919%     0.1838%

Principal and Interest
Advances                    1,326,661.07

Delinquency Information

 GROUP 2

Less Than
1 Month                     1 Month               2 Months      3+ Months     Totals

Delinquency

Scheduled Principal Balance 0.00                  123,000.00    0.00          123,000.00
Percentage of Total Pool
Balance                     0.0000%               0.0415%       0.0000%       0.0415%
Number of Loans             0                     1             0             1

Percentage of Total Loans   0.0000%               0.1140%       0.0000%       0.1140%
Bankruptcy

Scheduled Principal Balance                       0.00          0.00          0.00        0.00
Percentage of Total Pool Balance                  0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                                   0             0             0           0
Percentage of Total Loans                         0.0000%       0.0000%       0.0000%     0.0000%

Foreclosure

Scheduled Principal Balance                       0.00          0.00          0.00        0.00
Percentage of Total Pool Balance                  0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                                   0             0             0           0
Percentage of Total Loans                         0.0000%       0.0000%       0.0000%     0.0000%

REO

Scheduled Principal Balance 494,761.52            0.00          0.00          0.00        494,761.52
Percentage of Total Pool
Balance                     0.1671%               0.0000%       0.0000%       0.0000%     0.1671%

Number of Loans             1                     0             0             0           1
Percentage of Total Loans   0.1140%               0.0000%       0.0000%       0.0000%     0.1140%

Total

Scheduled Principal Balance 494,761.52            0.00          123,000.00    0.00        617,761.52
Percentage of Total Pool
Balance                     0.1671%               0.0000%       0.0415%       0.0000%     0.2087%

Number of Loans             1                     0             1             0           2
Percentage of Total Loans   0.1140%               0.0000%       0.1140%       0.0000%     0.2281%

Principal and Interest
Advances                    985,178.39

Delinquency Information

 GROUP 3

                            1 Month               2 Months      3+ Months     Totals

Delinquency

Scheduled Principal Balance 0.00                  679,450.00    0.00          679,450.00
Percentage of Total Pool
Balance                     0.0000%               0.6814%       0.0000%       0.6814%
Number of Loans             0                     2             0             2

Percentage of Total Loans   0.0000%               0.3559%       0.0000%       0.3559%
Bankruptcy

Scheduled Principal Balance                       0.00          0.00          0.00        0.00
Percentage of Total Pool Balance                  0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                                   0             0             0           0
Percentage of Total Loans                         0.0000%       0.0000%       0.0000%     0.0000%

Foreclosure

Scheduled Principal Balance                       0.00          0.00          0.00        0.00
Percentage of Total Pool Balance                  0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                                   0             0             0           0
Percentage of Total Loans                         0.0000%       0.0000%       0.0000%     0.0000%

REO

Scheduled Principal Balance                       0.00          0.00          0.00        0.00
Percentage of Total Pool Balance                  0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                                   0             0             0           0
Percentage of Total Loans                         0.0000%       0.0000%       0.0000%     0.0000%

Total

Scheduled Principal Balance                       0.00          679,450.00    0.00        679,450.00
Percentage of Total Pool Balance                  0.0000%       0.6814%       0.0000%     0.6814%

Number of Loans                                   0             2             0           2
Percentage of Total Loans                         0.0000%       0.3559%       0.0000%     0.3559%

Principal and Interest
Advances                    365,485.20

Delinquency Information

 GROUP 4

                            1 Month               2 Months      3+ Months     Totals

Delinquency

Scheduled Principal Balance 0.00                  0.00          0.00          0.00
Percentage of Total Pool
Balance                     0.0000%               0.0000%       0.0000%       0.0000%
Number of Loans             0                     0             0             0

Percentage of Total Loans   0.0000%               0.0000%       0.0000%       0.0000%
Bankruptcy

Scheduled Principal Balance                       0.00          0.00          0.00        0.00
Percentage of Total Pool Balance                  0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                                   0             0             0           0
Percentage of Total Loans                         0.0000%       0.0000%       0.0000%     0.0000%

Foreclosure

Scheduled Principal Balance                       0.00          0.00          0.00        0.00
Percentage of Total Pool Balance                  0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                                   0             0             0           0
Percentage of Total Loans                         0.0000%       0.0000%       0.0000%     0.0000%

REO

Scheduled Principal Balance                       0.00          0.00          0.00        0.00
Percentage of Total Pool Balance                  0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                                   0             0             0           0
Percentage of Total Loans                         0.0000%       0.0000%       0.0000%     0.0000%

Total

Scheduled Principal Balance                       0.00          0.00          0.00        0.00
Percentage of Total Pool Balance                  0.0000%       0.0000%       0.0000%     0.0000%

Number of Loans                                   0             0             0           0
Percentage of Total Loans                         0.0000%       0.0000%       0.0000%     0.0000%

Principal and Interest
Advances                    263,487.21

Other Information

          Group 1
Additional Realized Losses
(Gains) from Prior          0.00
Liquidations
          Group 2
Additional Realized Losses
(Gains) from Prior          0.00
Liquidations
          Group 3
Additional Realized Losses
(Gains) from Prior          0.00
Liquidations
          Group 4
Additional Realized Losses
(Gains) from Prior          0.00
Liquidations

CONTACT INFORMATION         CONTENTS

Distribution Summary        2
Depositor                   Structured Asset
                            Securities Corporation
Distribution Summary
(Factors)                   2

New York, NY  10019
Interest Distribution       2
Underwriter                 Lehman Brothers
745 Seventh Avenue, 7th
Floor
Principal Distribution      2
New York, NY  10019

Collateral Summary          -1
2530 South Parker Road, Suite 601

Delinquency Information     2

Trustee                     Citibank, N.A.
Other Information           2

New York, NY  10013

Deal Contact:               Karen Schluter        Citibank, N.A.
karen.schluter@citigroup.com                      Agency and
                                                  Trust
                                                  388 Greenwich
Tel: (212) 816-5827                               Street, 14th
                                                  Floor
Fax: (212) 816-5527                               New York, NY
                                                  10013

Page 1 of 1                  Reports Available at (c) Copyright
                            www.sf.citidirect.com 2005 Citigroup

Structured Asset Securities Corp. Trust 2005-5 8-K